JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.41

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.42

Trading Volume

8,440,300


67 people like this.

20,119 comment(s). Last comment by FortuneBlooming 6 hours ago

skl_81

180 posts

Posted by skl_81 > 2016-01-19 11:35 | Report Abuse

What mean Jcy 5+5 MSC??

sasword

1,167 posts

Posted by sasword > 2016-01-19 12:35 | Report Abuse

Q4 result profit drop a lot...ppl sure dump and run away.

youkian2

332 posts

Posted by youkian2 > 2016-01-19 13:03 | Report Abuse

Sasword, JCY is not the only counter that drops in price. The next resulr to be released is not the final quarter result but first quarter result of a new financial year. How you know the result drops?

skl_81

180 posts

Posted by skl_81 > 2016-01-19 13:23 | Report Abuse

Sasword very shame ....
Hahaha ....

benjay

5 posts

Posted by benjay > 2016-01-19 14:00 | Report Abuse

sure jcy is a good counter.. its not for speculation like xox,,,apft,,,
no need argue here , we will know how this counter perform soon,,,

benjay

5 posts

Posted by benjay > 2016-01-19 17:02 | Report Abuse

good closing.. hope tmr have better perform.. :)

lloydlim

3,969 posts

Posted by lloydlim > 2016-01-19 23:32 | Report Abuse

Correction is over, uptrend towards TP1.20 based on TA

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-01-19 23:34 | Report Abuse

Jcy tight controlled, and price hardly move

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-19 23:38 |

Post removed.Why?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-01-20 00:03 | Report Abuse

Desa,why your writing removed? What you wrote? I wanna pick jcy as dividend good, might takeover some company this yr.
Others perstim, iwcity all good prospect and div yield.
Of course hoping wild card AirAsia, kesm can strike also lah.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-20 02:19 | Report Abuse

Have no idea why they removed it.

It just says JCY is a giant, while the other HDD counter in the same space Dufu is a taufu.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-20 03:00 | Report Abuse

Have a quick look...........who can make sense of what is going on?
Had an enormously successful year.
$ 100m exchange gains.$ 50m put through PL, $50 put directly through Reserves, PE 8, dividend yield of 8%..........the share was traded between 85sen and 90sen from early Nov to early Jan and then suddenly broke down........who can make sense here?

very weird behavior is all I can say.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-20 03:15 | Report Abuse

why a share with such statistics can just collapse..............and it didn't even much participate in the rally on export shares. .................this is the weirdest I have seen.

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-01-20 04:16 | Report Abuse

Desa, only one reason lah, SHR controlled tightly by major holders. Near 90%?? Low circulation.,big boss want up will up, want it down it will down. Their public spreading is really low past 3 yrs.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-20 06:31 | Report Abuse

where got one? Where got people want to push down shares one.?
no shorting in Malaysia.

in fact, since I don't understand it, I will not touch it.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-20 06:38 | Report Abuse

anyway their industry is highly cyclical. They can swing from making huge profits to huge losses. I have known them from 20 to 30 years ago.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-20 07:04 | Report Abuse

my opinion.........25% free float is still 500m shares. A huge figure.
They are not able to attract the big boys because the industry too cyclical.
Share price is dictated by retail. Retail not interested in such a huge company, have no power to push up the shares. Panic selling and stale bull selling by retail created the chart pattern.

Now that I understand it...I could be interested , but later, not now.

xexlone

387 posts

Posted by xexlone > 2016-01-20 10:30 | Report Abuse

CNY selling by shareholders

Davidl

1,816 posts

Posted by Davidl > 2016-01-20 12:57 | Report Abuse

Let's c whether 0.76 could support or not!

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-01-20 13:34 | Report Abuse

desa, you are really spot on. It is safer entering near 0.70 level.

youkian2

332 posts

Posted by youkian2 > 2016-01-20 16:10 | Report Abuse

JCY is not the only counter that is dropping in share price. Even many good counters are in bearish mood. Hold tight and wait for the storm to be over. Time will tell.

youkian2

332 posts

Posted by youkian2 > 2016-01-20 16:15 | Report Abuse

Wait to buy at lower level like 0.70 if you are sure it will drop to that level.

youkian2

332 posts

Posted by youkian2 > 2016-01-20 16:16 | Report Abuse

Better still if yu can buy at 0.65 or 0.60.

youkian2

332 posts

Posted by youkian2 > 2016-01-20 16:20 | Report Abuse

if anybody know what would be the lowest do share with all of us. So, we could buy at the lowest and all make money.

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-20 16:26 | Report Abuse

wait for next 2 days....if not jump in....unless its down down....

lloydlim

3,969 posts

Posted by lloydlim > 2016-01-20 18:35 | Report Abuse

Now can start accumulation already

faye62118

55 posts

Posted by faye62118 > 2016-01-20 19:34 | Report Abuse

careful, WD orders drop alot lately due to weak global HDD demand. earnings will be hit hard.

asoh

815 posts

Posted by asoh > 2016-01-20 20:20 | Report Abuse

once the world indices turn green, its upward...

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 08:28 | Report Abuse

green

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 10:24 | Report Abuse

Once can break out of 0.77 its upward

youkian2

332 posts

Posted by youkian2 > 2016-01-21 10:52 | Report Abuse

faye62118, where u got news that orders from WD drop?

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 11:08 | Report Abuse

I like this chartist " Attractive risk to reward ratio with 13.2% upside against 6.3% downside. All in, we see a good risk to reward ratio for investor with a theoretical entry price of RM0.795 given that the downside to the cut loss zone of RM0.745 is 5 sen (-6.3%) while the upside to the LT target of RM0.90 is 10.5 sen (+13.2%)." Positive view man....

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 11:10 | Report Abuse

Its a calculated risk and reward to take at least...

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 11:11 | Report Abuse

someone trying to push down the price....

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 11:28 | Report Abuse

Market tracker Gartner has forecasted Malaysia's information technology (IT) spending this year to grow by 7.6% to RM69 billion, which is above the average growth of 4.5% in the Asia-Pacific region.

youkian2

332 posts

Posted by youkian2 > 2016-01-21 13:03 | Report Abuse

Fayetan of Generation Z Investor has written in detail about JCY's fundamentals. It is more than convincing. All we need is patience and conviction. Rememmber his key word : WHERE TO FIND SUCH STOCK".

sharktank

805 posts

Posted by sharktank > 2016-01-21 13:05 | Report Abuse

Ya lah, where to find !! waiting 0.60. also your superln call of 2.86 till now nothing leh, fayetan?

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 14:35 | Report Abuse

The stock may drift lower if it cannot surpass the MYR0.80 mark in the near term. In this case, further support is anticipated at MYR0.76, where traders can exit upon a breach.

Selllllll

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-21 15:35 | Report Abuse

jump ship, even shark dive away..

Posted by Mohd Fahmi Bin Jaes > 2016-01-22 00:23 | Report Abuse

everyday down

tim09

222 posts

Posted by tim09 > 2016-01-22 11:01 | Report Abuse

Dejavu, i remember when i bought skpres @ 30cents, everyone said sell stay away etc.

ETFIsee

47 posts

Posted by ETFIsee > 2016-01-22 12:04 | Report Abuse

wait till 70 or 60 sen?.

Wahaha

77 posts

Posted by Wahaha > 2016-01-22 12:29 | Report Abuse

Good news to be annouced soon. Press low low then up..

sasword

1,167 posts

Posted by sasword > 2016-01-22 12:46 | Report Abuse

Yalo. Bravo to those who r still holding...can hahaha until the end...

netcrok

115 posts

Posted by netcrok > 2016-01-22 13:02 | Report Abuse

When not enough $$ put foods on the table, will hold on the purchase of PC or HDD. Will wait till below 0.60 when all the bears are out looking for beds.

coolinvestor

1,236 posts

Posted by coolinvestor > 2016-01-22 13:13 | Report Abuse

i think when the price reaches 0.60 ....ppl will still talk away and won't buy jcy even tho it is really cheap

ExCFO

278 posts

Posted by ExCFO > 2016-01-22 14:28 | Report Abuse

Base on my latest forecast assuming the slow growth in China the profit for the year 2016 is likely to be in the region $170m to $180m. This means earning per share will drop to 8c per share and dividend is likely to be in the region of 5c. At 5c a share distribution the yield is around 7% at current price of 71c which is reasonable given the risk of economic slow down. For the quarter ending 31 Dec 2015 my forecast profit is between $42m to $46m. Time will tell whether my forecast is correct.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-22 14:39 | Report Abuse

excfo, you so smart , why people so critical of JCY the giant and so forgiving of Dufu the Taofu in the same space.

ExCFO

278 posts

Posted by ExCFO > 2016-01-22 14:47 | Report Abuse

Sorry I haven't got a chance to look at Dufu yet.

ExCFO

278 posts

Posted by ExCFO > 2016-01-22 15:16 | Report Abuse

I don't think I am being critical. I was merely sharing the information I got. It is my view that JCY should be trading at around 84c ie 10x 2016FPE. The reason is very simple. The profit figures had been consistent over the last eight quarters compared to Dufu. The profit margin had gone up 4% over the last four quarter meaning that it is sustainable. The current price weakness represent a good buy for those medium term investors.

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