Posted by ExCFO > 2016-01-22 15:27 | Report Abuse

Put it this way Desa, if you are my private clients I would recommend you to collect some JCY share now as part of your medium term portfolio.

Posted by Desa20201956 > 2016-01-22 15:34 | Report Abuse

I find the price of JCY incomprehensible and so don't want to touch.
Like someone says...talk talk only, no money put in and the price keep dropping and dropping. Reach 71 already so fast.

If I am advisor, I have no hesitation to recommend it to others....lol.

Posted by youkian2 > 2016-01-22 15:45 | Report Abuse

If one goes for fundamentals, JCY is an ecellent pick. Cheap stoock to keep for long term investmment. Hard to find. Room for capital growth and low PE, two main criteria of stock selection. You will be assured of regular dividends until the price finds its true level.

Posted by ExCFO > 2016-01-22 15:50 | Report Abuse

You are absolutely spot on. Why buy Dufu which is trading at 10x Forecast PE and dividend not assure when you can be 99% sure that JCY will pay you a dividend that is in the region of 5c pa and that it is trading at FPE of 8.5. I am an independent advisor not a remisier.

Posted by youkian2 > 2016-01-22 15:56 | Report Abuse

We wouldn't know when is the turnaround, But every consolidation has to end somewhere. Trust the historical trak records. Figures don't lie.

Posted by ExCFO > 2016-01-22 16:05 | Report Abuse

Never know what is around the corner. Technology changes and economic downturn is a risk but consistent results for eight quarters do tell a story. what I love is the quarterly dividend. That is a plus.

Posted by yktay1 > 2016-01-22 16:23 | Report Abuse

fundamentals mean nothing when there is a large, determined seller.

Posted by ExCFO > 2016-01-22 16:26 | Report Abuse

correct but over time fundamental always win. eventually he run out.

Posted by ExCFO > 2016-01-22 16:28 | Report Abuse

in fact some purposely sell it down to force the margin trader to throw out.

Posted by youkian2 > 2016-01-22 16:33 | Report Abuse

If fundamentals mean nothing, what do one looks for to invest?

Posted by benjay > 2016-01-22 17:25 | Report Abuse

jcy sure is a good share. pls be checked and share some jcy price and trend : 17/06/14 @ RM0.63, then drop 35% to RM0.41 on 16/12/14 but going up to RM 0.65 on 26/01/15......

again price RM0.73 on 3/8/15 drop 22% to RM 0.57 but rebound again on 22/10/15 and hit RM0.75...

top price on 23/12/15 @ RM0.89 already drop 20% (21/01/15), and sure will going up and hit a new record again.... Keep for long term.

Posted by youkian2 > 2016-01-22 18:10 | Report Abuse

A possible explanation for the recent drop in price of JCY : It has nothing to do with the fundamentals. There are some big persistent sellers (of course, it is not for me to guess the reason for their selling. Remember all sorts od people make up the market). It takes time for this selling to be over. Only then, the selling pressure will ease off and price will have a fair chance to recover. The day will come, especially as we are getting closer to the date of release of next quarterly result by JCY on 12 Feb 2016. I do not foresee the heavy selling to continue much longer.

Posted by Desa20201956 > 2016-01-22 18:21 | Report Abuse

you are right.(about the selling)
but how do you know you are right and the chap (who sold) is wrong? You don't I don't Nobody does. That is why psychologically it is so much easier to chase shares than to buy JCY kind of share.

Posted by youkian2 > 2016-01-22 18:38 | Report Abuse

Read my comments carefully. I did not said it is wrong for that chap to sell JCY. I merely mean people have their own reason for selling (eg. selling to migrate. or he bought at 0.50 before).

Posted by joe2703 > 2016-01-22 20:19 | Report Abuse

At current share price, JCY has very limited downside which is very low risk... If you can protect your downside, you already won 50% and with the high dividend yield, you won another 10%! Let the runners run by themselves... Why care so much about who is selling, why selling, why sell so much...etc. If you are easily affected by these issues then you are not a value investor!

Posted by youkian2 > 2016-01-22 20:38 | Report Abuse

I fully agree with Joe2703.

Posted by youkian2 > 2016-01-22 20:42 | Report Abuse

Positively speaking. the volume today suggest heavy buying by some big investors. 11 million plus.

Posted by telusdansuci > 2016-01-22 21:17 | Report Abuse

Before CNY 2016 no ang pau given , that mean can clear all the shares already . Its may drop back to 0.605 cents or less . As we can see more then three directors already dispose their shares . There can buy back later at less then 0.605 cents . There are so many ' rabbits ' counters and why always buy ' kura-kura ' stocks .

Posted by Desa20201956 > 2016-01-23 00:38 | Report Abuse

but how can you say things like limited downside when you see with you own eyes it diving everyday. limited downside is a share in consolidation phase and you understand its behavior and fundamentals.
this is a very weird share, that is for sure.
there is also the rabbit and the kura kura, and you need power to push up shares and gravity will pull down shares.

===================
joe2703 At current share price, JCY has very limited downside

Posted by Inve3tor > 2016-01-23 01:35 | Report Abuse

Look at 21Jan2016 announcement, company management very smart.
Take the advantage during the sentiment weak to press down the price. BUY back share when the price is much lowest :(
For contra player die straight...

Posted by joe2703 > 2016-01-23 11:47 | Report Abuse

My "limited downside" is the valuation of the JCY is not high or inexpensive! Cash rich, high dividend and low PE. Weird share ? All shares are weird because you can't predict the share price or the movement or the selling vs buying volume, if you can, you won't be talking here in i3 forum. Let's see the share price in 6 months from now and I do not intend to argue with you endlessly about this. Good luck!

Posted by coolinvestor > 2016-01-23 12:53 | Report Abuse

U cannot predict the ways any share prices go. They behave differently becoz of the underlying ppl who buys or sells the shares. Ppl have emotions and feelings. It's all psychological. Fundamental n technical analysis also cannot truly explain which ways the prices go.

Moral of the story? Look for cheap enuf prices from the eg. 1yr price range. Low PE < 10 ,good business prospects, maybe good dividends, good profit potential..etc eg or try follow uncle koon style.

The thing is markets behave in an irrational manner simply because the ppl buying selling the assets/shares/bonds behave irrational. That's why u get bull runs n bear markets. U can't really analyze too much from the balance sheet as well. The numbers may not be true. Lol

Just buy under your own comfortable range..talk n analyze too much is useless. N this is the reason lots of ppl just do not make money in the stock market.

U must also accept losses n move on. Keep learning from the experts. But do not blindly follow...research yourself as well. Even free lunches u must have the guts n intelligence to take the free lunch.

Good luck.

Posted by coolinvestor > 2016-01-23 13:37 | Report Abuse

Best for the uneducated to learn about the balance sheet, cash flow statement n income statement as well. No need to learn everything..just these below will do. Profit after tax, operating cash flow, cash balance, assets revenue n liabilities. PE ratio too

Cheers

Posted by telusdansuci > 2016-01-24 11:50 | Report Abuse

Think about it . Who else would know better . The people running the company or us ? They can buy back later at the prices maybe less than rm 0.60 . If more than three directors are collectively selling of their own stock that means good or bad ? Just for sharing and need some ' ang pau' for Tahun Baru 2016 .

Posted by Desa20201956 > 2016-01-24 11:52 | Report Abuse

If more than three directors are collectively selling of their own stock that means good or bad ?.....that means very bad.

Posted by coolinvestor > 2016-01-24 16:47 | Report Abuse

Those who feels this stock is bad should just sell n run. Enuf said
So many ppl have already done research n give advice already. Its really true not all have the guts nor foresight to make it in the stock markets

Posted by telusdansuci > 2016-01-24 20:04 | Report Abuse

Thank you Desa20201956 and finally you already answered my question . So by next week or before tahun baru cina 2016 no more ang pau already and consider can clear all the stocks . Next week they will press down the prices ' kaw kaw ' until below rm 0.70 . Tunggu dan lihat .

Posted by coolinvestor > 2016-01-24 20:49 | Report Abuse

If pressed down good opportunity to accumulate more jcy shares

Posted by Chin Pin Tan > 2016-01-24 23:20 | Report Abuse

the latest audited financial statements was out! Kindly take a look on page 70 which disclose the company foreign currency exposure. This company can benefit from the stronger usd as the net asset denominated in USD is about RM233,648,000!!!!

Posted by ETFIsee > 2016-01-25 08:39 | Report Abuse

OOOOWAOOO....money money

Posted by Inve3tor > 2016-01-25 13:19 | Report Abuse

Great! JCY!

Posted by ExCFO > 2016-01-25 16:38 | Report Abuse

I have been reading all your discussion with great interest. What dividend distribution is going to be is everyone's guess. The directors had been selling down their holdings after the results were announced. Who know the company affairs better than the directors.

Technically the shares are on a downward trend. The next support is 60c and the following one is 49.5c. What is important is the timing of the entry if you think that results is going to be good.

My forecast of 2016 operating profit is between $108m to $110m. This exclude any exchange gain (2015 $54m) or losses and other income (2015 $62.7m) on the assumption that the sales will be flat in 2016 given the slow down in China. On that basis, the dividend distribution would be in the region of 3.5c to 4c for 2016. Sorry I am a bit pessimistic compared to some of you. This is only my view. Time will tell whether whose forecast is correct.

Posted by coolinvestor > 2016-01-25 16:57 | Report Abuse

Some of the directors sold is due to the public shareholding criterion. Look for their announcement in bursa. Plus main shareholder not selling yet. And they own I believe up to 75% of jcy shares

Posted by coolinvestor > 2016-01-25 17:00 | Report Abuse

Always take any forecasts with a pinch of salt...

Posted by ExCFO > 2016-01-25 17:04 | Report Abuse

The main shareholders are in for the long term. He is unlikely to sell. I am sorry to give you guys yet another set of forecast. You are right, Always take the forecast as a grain of salt.

Posted by Desa20201956 > 2016-01-25 17:12 | Report Abuse

don't know what kind of share is this.
such statistics and such a pattern.
better believe what you see, !!!!!

Posted by paperplane2016 > 2016-01-26 10:34 | Report Abuse

it is highly controlled, so little mkt circulation

Posted by Icon8888 > 2016-01-26 10:35 | Report Abuse

instead of market circulation, you should say "free float"

that will make you sound more sophisticated

Posted by gray > 2016-01-26 10:44 | Report Abuse

newbies language. mkt circulation.

Posted by joe2703 > 2016-01-26 10:54 | Report Abuse

@Icon8888, what is your view on JCY ? Really appreciate your comments!

Posted by paperplane2016 > 2016-01-26 11:05 | Report Abuse

SORRY, I don't wanna sound complicated, not like some chicken pretending to be sophisticated

Posted by smallvestor > 2016-01-26 11:36 | Report Abuse

"free float" is a term used by most financial writers/analysts so it is a generally accepted term hence no sophistication here.

Posted by ETFIsee > 2016-01-26 15:56 | Report Abuse

Ang paw lai le

Posted by Davidl > 2016-01-27 00:40 | Report Abuse

Wait!

Posted by ETFIsee > 2016-01-27 07:35 | Report Abuse

Potong steam Davidl, anyway prepare to wait.....wait for the ang paw or further fall then back in for any paw next week??

Posted by ETFIsee > 2016-01-27 09:47 | Report Abuse

KUALA LUMPUR: The electrical and electronics industry in Malaysia will be able scale up its competitiveness and increase its export market share in the United States with its participation in the Trans-Pacific Partnership Agreement (TPPA).
"Malaysia's E&E exports to the US is expected to be the largest beneficiary of lower tariff lines given that the US is its third largest E&E export destination," said the Malaysian American Electronics Industry, which is part of the American Malaysian Chamber of Commerce (AMCHAM).


Ang paw laiii

Posted by ETFIsee > 2016-01-27 09:57 | Report Abuse

outside china market, the index will improve bcos all those making gain in shorting are bringing billions out to pump in oversold markets....KLCI will be next target....come aboards...

Posted by sasword > 2016-01-27 10:18 |

Post removed.Why?

Posted by ETFIsee > 2016-01-27 11:17 | Report Abuse

oohhh somebody see red in Red Monkey year....

Posted by ETFIsee > 2016-01-27 11:24 | Report Abuse

Habislah J C Y.....ada si oo