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 1 hour ago

Posted by Sebastian Sted Power > 2016-08-18 16:56 | Report Abuse

Janji Cari Yang teruntung

mansaham1972

1,197 posts

Posted by mansaham1972 > 2016-08-18 17:03 | Report Abuse

Sebelum masuk call waran pastikan dulu exercise harga dan nisbah pertukaran serta expired.kalau silap boleh rugi habis,jcy cr exercise 72 sen dan nisbah 2:1 cuma expired hampir sangat minggu depan.fikir2 sebelum masuk dan bagi yg nak masuk lebih baik cu dan cx

mansaham1972

1,197 posts

Posted by mansaham1972 > 2016-08-18 17:05 | Report Abuse

Bagus juga pantau digi c9,saya masuk 1.5 sen harga

Posted by Napal_Baji > 2016-08-18 17:53 | Report Abuse

Today I think a lot people kena this QR trap

DL60

248 posts

Posted by DL60 > 2016-08-18 17:58 | Report Abuse

Bad quarterly result out.... But why shares up suddenly today?

Mgician

716 posts

Posted by Mgician > 2016-08-18 18:07 | Report Abuse

wow...poor QR but today up so much? trap ppl buy so can get out ?

Posted by Sebastian Sted Power > 2016-08-18 18:18 | Report Abuse

walao! -ve profits but still want give 1.25cents DIV

stncws

10,622 posts

Posted by stncws > 2016-08-18 18:31 | Report Abuse

-ve result up ! +ve result down! Like Tekseng!

dompeilee

11,888 posts

Posted by dompeilee > 2016-08-18 18:31 | Report Abuse

Those who bought CALL WARRANTS maybe kana tomorrow...I merely need to hold for all the dividends until it goes back above 70c :D

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-08-18 18:32 | Report Abuse

QR not good, -ve

lloydlim

3,969 posts

Posted by lloydlim > 2016-08-18 19:01 | Report Abuse

On the other side, good dividend yield! Better hold for bottom up!

dompeilee

11,888 posts

Posted by dompeilee > 2016-08-18 19:02 | Report Abuse

IPO price was $1.60... 5% div yield @ current price unless they eliminate dividend from October onwards. Major shareholder(74%) has not sold a single share since 2010.

lloydlim

3,969 posts

Posted by lloydlim > 2016-08-18 19:17 | Report Abuse

There is a RM13.2 million one-time write-off of properties, plants and equipment in the current quarter, due to cessation of its operation in Foshan, China. Meanwhile, on prospects, JCY said demand for HDD digital storage capacity continued to increase by 7% over the last quarter. Time to hold & accumulate!

labu83

2,565 posts

Posted by labu83 > 2016-08-18 19:21 | Report Abuse

From 0.005 n sell 0.02,thank you jcy,just 2 hour complete my best profit

Posted by Sebastian Sted Power > 2016-08-18 19:53 | Report Abuse

looking at the current price with every Q also so kind give 1.25cents DIV

better than FD!! 10% per annum.. sweettttttttttttttt

derricksyl

512 posts

Posted by derricksyl > 2016-08-18 23:43 | Report Abuse

TP 0.80

Posted by biggestprofit > 2016-08-19 01:44 | Report Abuse

Take over offer!

Posted by Sebastian Sted Power > 2016-08-19 07:32 | Report Abuse

dont take over la.. actually this counter DIV quite good..

Posted by biggestprofit > 2016-08-19 07:59 | Report Abuse

today all kena loteri.

Rav Cheema

845 posts

Posted by Rav Cheema > 2016-08-19 09:04 | Report Abuse

what take over offer?

Posted by Sebastian Sted Power > 2016-08-19 09:23 | Report Abuse

getting more and more excited. One party keep dumping; another party keep buying

Just like lion vs tiger! Show time!

HengLiang

319 posts

Posted by HengLiang > 2016-08-19 09:23 | Report Abuse

company lossssssss

Posted by zycancook > 2016-08-19 09:59 | Report Abuse

so much loss but still alot buying, what happen?

Posted by Joblessrich > 2016-08-19 10:59 | Report Abuse

a few months ago, I have said it here that this company is in a business that is going down. when HDD(Hard Disk Drive) capacity increases (from 4TB per drive now to 10TB per drive in the next few months) the demand HDD component will be even lower. JCY is in the HDD component business.....
Unless JCY can branch out to other business with her cash pile. This is a sunset business.
You should judge by yourself.

xexlone

387 posts

Posted by xexlone > 2016-08-19 11:28 | Report Abuse

NAV drop from 59c to 56c .....even got div but actually is payout from our own pocket money.....kekekeke....

stncws

10,622 posts

Posted by stncws > 2016-08-19 13:54 | Report Abuse

GONE!

dompeilee

11,888 posts

Posted by dompeilee > 2016-08-19 16:10 | Report Abuse

Part of the risks of investing. Co has net cash of over 240 million on the balance sheet. In 2013, every quarter reported losses, so shares dropped from 1.50 to 0.50+. Went back to almost 1.00 when the results improve.

Meanwhile, holders compensated with dividends from a liquid balance sheet.

stncws

10,622 posts

Posted by stncws > 2016-08-19 16:48 | Report Abuse

needs MD to beef up sales effort! Good Job!

Posted by Joblessrich > 2016-08-19 16:54 | Report Abuse

There's only 3 HDD company in the whole world. (WD, Seagate and Toshiba). JCY is the largest supplier to Seagate and WD(which is 90% of market share). almost no chance to expand sales any further. The only solution is to shrink and cut cost

dompeilee

11,888 posts

Posted by dompeilee > 2016-08-19 17:19 | Report Abuse

I thought it would crack 60c & close @ the low but it didn't...so good sign. Unfortunately, time is not on the side of call warrant speculators like kk1kk1 HAHAHA!

Posted by Chongyeh Sai > 2016-08-19 22:57 | Report Abuse

when give dividend?

sasword

1,167 posts

Posted by sasword > 2016-08-20 09:54 | Report Abuse

Long term investors also makan dividend from own loss money, no need to laugh at other ppl

lloydlim

3,969 posts

Posted by lloydlim > 2016-08-20 10:15 | Report Abuse

Big guy is buying, time to accumulate!

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-21 16:39 | Report Abuse

Goodiescat
hi Goodiescat and all members, I really got a curious about JCY why last two qr Jcy loss many this time even worst net loss increase
However they still pay out high dividend
Dividend Yield (%)
: 11.16

in this level is king of dividend in Bursa ,
what is your opinion , is JCY got many cash so dont mind give or super rich counter , too much money ?

Posted by Joblessrich > 2016-08-21 23:02 | Report Abuse

Big share holders of JCY are Singaporeans, To get money out to Singapore, the easiest way is to send out as dividends.
Can some guru tell us, is it true that foreigners who owns listed companies cannot simply sell shares to take out large chunks of cash ? They will need some kind of approvals....
if what i've guessed is correct, then, that answered Angielim's question.

stockraider

31,556 posts

Posted by stockraider > 2016-08-21 23:34 | Report Abuse

Aiyah....JCY can give very good dividend despite losses...bcos very good positive cashflow mah....!!
Just look at the balance sheet...the cash balance has been growing & growing loh...!!

Why leh ??
The equipment to make HDD are very very expensive mah....and JCY depreciate this equipment very fast between 3 to 5 yrs loh...!!
Normally manufacturing depreciate over 10 years mah...!!

If demand for HDD not growing quickly, JCY no need to keep investing n upgrading on this investing expensive equipment...and just use the existing machinery loh....!!
This help to conserve a lot of cash mah...!!

Therefore cash keep growing despite losses mah...!!

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-22 01:11 | Report Abuse

Joblessrich and stockraider
thanks for your answer,
however maybe stockraider answer seem more Credible and Reason to believe

thanks

WhoKnows

778 posts

Posted by WhoKnows > 2016-08-23 10:51 | Report Abuse

the concern is not about cashflow; of course with strong cashflow position the company is able to constantly declare dividend from past earnings. my concern is more towards a longer perspective, with constant losses (hopefully this last Q is the last losing quarter), the company will eventually be cash-tied and unable to expand. i think most investors share my views, thus reflected in the current share price. agree with the comment on M&A for a SSD company or even further R&D towards a SSD production line......

Posted by Joblessrich > 2016-08-23 11:18 | Report Abuse

HDD cover and base is a mechanical process business. SSD is a semiconductor and PCBA Electronic business. (SSD cab be visualise as the RAM cards in our computer). Totally different. In my opinion, it is very difficult to switch over.

xexlone

387 posts

Posted by xexlone > 2016-08-24 09:27 | Report Abuse

tp 54c lower than 56c

Posted by Ng Hian Wen > 2016-08-24 12:34 | Report Abuse

I trying JCY-CU cause still cheap o...

WhoKnows

778 posts

Posted by WhoKnows > 2016-08-24 14:11 | Report Abuse

first time i see such big Q losses for JCY, time to move on......

Posted by Ng Hian Wen > 2016-08-24 14:49 | Report Abuse

Yea...I think so:)

Mentor

36 posts

Posted by Mentor > 2016-08-24 15:18 | Report Abuse

Still a prospective counter; don't lose faith!

WhoKnows

778 posts

Posted by WhoKnows > 2016-08-25 09:26 | Report Abuse

0.555, dun lose faith? well, just be careful.....

Johnnys

759 posts

Posted by Johnnys > 2016-08-25 09:38 | Report Abuse

Seagate Reduce Production by 50% + Western Digital Close down Plant No 2.
Do you know what is the effect to JCY?

xexlone

387 posts

Posted by xexlone > 2016-08-25 09:41 | Report Abuse

sometime cash alot oso no good....cause will trigger MBO....

Skng Keong

1,256 posts

Posted by Skng Keong > 2016-08-25 10:21 | Report Abuse

Need to wait n see first mayb next mth still will come down more.

Posted by aizuddin1199 > 2016-08-25 10:25 | Report Abuse

Western Digital close down surely gonna give domino effect on JCY..business future for JCY really bad..but not sure about their stock..some company business very bad but stock price still go up.

lloydlim

3,969 posts

Posted by lloydlim > 2016-08-25 12:09 | Report Abuse

Price shall further down, better sell now & buy back later!

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