JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.435

Today's Change

-0.02 (4.40%)

Day's Change

0.435 - 0.465

Trading Volume

8,046,500


67 people like this.

20,141 comment(s). Last comment by Jonathantyp 40 minutes ago

anipchin

11 posts

Posted by anipchin > 2012-04-04 00:47 | Report Abuse

Think the horse need a little more time to pull up the strength before go back to track. My 2 cent.

Posted by bomblikeme > 2012-04-04 09:03 | Report Abuse

Hi guys, apparently AmBank issued 1 Cash Warrant 1 Structured warrant. and CIMB is listing 2 more tomorrow..http://www.bursamalaysia.com/website/bm/listed_companies/company_announcements/companyAnnoucementSearch.jsp?url=http://announcements.bursamalaysia.com/EDMS\edmsweb.nsf/LsvAllByID/F4BE5E445CE3748A482579D6000159DA?OpenDocument and http://www.bursamalaysia.com/website/bm/listed_companies/company_announcements/companyAnnoucementSearch.jsp?url=http://announcements.bursamalaysia.com/EDMS\edmsweb.nsf/LsvAllByID/679AE9E3512B4B67482579D6000159CE?OpenDocument

ymj1016

216 posts

Posted by ymj1016 > 2012-04-04 09:27 | Report Abuse

It seems the recent price down 'attracted' more institutions to issue CW's. If there's no more new CW issued, means the big players already positioned themselves nicely, also means the price gonna be SURGE from here on!

jtpc2006

984 posts

Posted by jtpc2006 > 2012-04-04 09:30 | Report Abuse

price moving up!

diablo88

1,215 posts

Posted by diablo88 > 2012-04-04 09:44 | Report Abuse

I agree...something fishy is happening behind the scene..and as always the investors are kept in the blank.. my humble opinion it will hit 1.50 in no time

LittleY

16 posts

Posted by LittleY > 2012-04-04 10:15 | Report Abuse

New CW for JCY (JCY-CG)

Issuer : CIMB
Issue Size : Up to 50,000,000 JCY CW
Exercise Ratio : 1.5 : 1
Exercise Price : RM1.40
Issue Price : RM0.150
Issue Date : 4 April 2012
Tentative Listing Date : 5 April 2012
Expiry Date : 29 November 2012

LittleY

16 posts

Posted by LittleY > 2012-04-04 10:17 | Report Abuse

New CW for JCY (JCY-CH)

Issuer : CIMB
Issue Size : Up to 50,000,000 JCY CW
Exercise Ratio : 2 : 1
Exercise Price : RM1.30
Issue Price : RM0.150
Issue Date : 4 April 2012
Tentative Listing Date : 5 April 2012
Expiry Date : 29 March 2013

Kent Lee

211 posts

Posted by Kent Lee > 2012-04-04 11:05 | Report Abuse

got 2 more CW for listing 2moro?? something is brewing certainly... lamken , your precious opinion pls on all this CW coming to play this week? TQ.... cheers

hlpang

80 posts

Posted by hlpang > 2012-04-04 11:15 | Report Abuse

more CW for listing -> supply more than demand

hlpang

80 posts

Posted by hlpang > 2012-04-04 11:16 | Report Abuse

BTW, any1 see head and shoulders pattern in jcy?

usry

1,202 posts

Posted by usry > 2012-04-04 15:59 | Report Abuse

market down trend but this share price in opposite way..
something need to suspicious..!!! by the way as long as it raise it good for us..hehehe

ymj1016

216 posts

Posted by ymj1016 > 2012-04-04 16:09 | Report Abuse

Usry: you're right, let's continue moving to the NORTH. Looking at the volume transacted today (more than 3 times the average volume for the past 4 weeks) - Looks like the 'goreng' session just about to start.

usry

1,202 posts

Posted by usry > 2012-04-04 16:18 | Report Abuse

Pray to the God and hope all the 'big guns' have enough 'fuel' for support this stock price at this time until 2nd Quarter result as we knows that the month of April is one of the'selling season' for share market..

diablo88

1,215 posts

Posted by diablo88 > 2012-04-04 16:21 | Report Abuse

I heard from my remisier...major contract flowing into JCY

Posted by John Wong Jun Yuan > 2012-04-04 16:29 | Report Abuse

Look like my said "goreng" news come true today?
Btw, if u r FA, still need to pay attention on it~

stocker

102 posts

Posted by stocker > 2012-04-04 16:39 | Report Abuse

up 10 sen....

diablo88

1,215 posts

Posted by diablo88 > 2012-04-04 16:58 | Report Abuse

chill bro..10 sen for this stock is nothing man...watch tomorrow.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-04-04 17:11 | Report Abuse

Yes! Yes! Yes! This the way man, hope tmr can up to RM1.43 (next resistance)

Steven Lee

146 posts

Posted by Steven Lee > 2012-04-04 17:40 | Report Abuse

what is the different between call warrant & put warrant??

Posted by Fat Cat Tim Buddy > 2012-04-04 19:39 | Report Abuse

hope the big shareholder 74% starting to slowly sell his share, and make the market more float.

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-04-04 19:51 | Report Abuse

Buy or sell?

Over-valued or under-valued?

lamken

183 posts

Posted by lamken > 2012-04-04 20:37 | Report Abuse

For those interested. bonecythe wants my blood again in lowyat forums. have a read. This just confirms my instinct about his character from the start. You be the judge.

http://forum.lowyat.net/index.php?showtopic=1261842&st=640&p=50277770&#entry50277770

I may have to take a break from the online world, too much of my time wasted on idiots

Posted by Fat Cat Tim Buddy > 2012-04-04 20:44 | Report Abuse

hahaha.. still argueing.. -.-

diablo88

1,215 posts

Posted by diablo88 > 2012-04-04 20:58 | Report Abuse

Lamken: Gosh...why are these people so annoying. Is just opinion... I reserve my opinion on JCY but accept others good view as well if it makes sense.

Ya, I will not spend time with idiots :-) coz they just could appreciate what you are trying to say. Spend your time here with us better :P

Posted by Fat Cat Tim Buddy > 2012-04-04 21:05 | Report Abuse

hey, am bank issue jcy put warrant? haha good.. at least now we know there will be 2 force pulling , so can hedge about it.

Posted by Kim Yap Lau > 2012-04-04 22:20 | Report Abuse

What is put warrant means?

Posted by Kim Yap Lau > 2012-04-04 22:27 | Report Abuse

WDC - 41.08 -0.55 (-1.32%) (http://www.google.com/finance?q=NYSE%3AWDC)

STX - 27.29 -0.60 (-2.15%) (http://www.google.com/finance?q=NASDAQ%3ASTX)

Kent Lee

211 posts

Posted by Kent Lee > 2012-04-04 23:27 | Report Abuse

go JCY go....... reach new high every day.... . still i want to know why all the sudden so many warrants issued? how do we as traders choose the right warrant to trade? anyone with knowledge can enlighten me please... appreciate that.... cheers

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-04-04 23:37 | Report Abuse

Kent Lee: Hentam aje!!!

kidman

89 posts

Posted by kidman > 2012-04-05 00:05 | Report Abuse

Abang Mohd Shuk ckp betul! Hentam aje! Hidup mesti berani abang kent lee. Feel datang then hentam! $$$$

Kent Lee

211 posts

Posted by Kent Lee > 2012-04-05 00:56 | Report Abuse

hehehe

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-04-05 13:33 | Report Abuse

JCY second quarter result will be announced on 18 May, should be good. Expected EPS should be around RM 0.08.

usry

1,202 posts

Posted by usry > 2012-04-05 14:14 | Report Abuse

what it means eps 0.08.
need further xplaination.. appreciate if you can elaborate further.

E R

282 posts

Posted by E R > 2012-04-05 14:43 | Report Abuse

eps corelate with price.. eps rising price rising too

usry

1,202 posts

Posted by usry > 2012-04-05 14:45 | Report Abuse

so before this how much EPS for JCY..?

Posted by Fat Cat Tim Buddy > 2012-04-05 14:57 | Report Abuse

1st quarter 7.94 EPS, second quarter should be around or higher than this figure.

usry

1,202 posts

Posted by usry > 2012-04-05 15:52 | Report Abuse

EPS 7.94, the share price hoover around rm1.20-RM1.30
so if EPS for 2nd Quarter is more than that, this means the price should move around RM1.40 -RM1.50 la..
(just my guess)

stocker

102 posts

Posted by stocker > 2012-04-05 17:23 | Report Abuse

Maybe there will be another round of dividend come with 2nd Quarter results

verylovely

127 posts

Posted by verylovely > 2012-04-05 20:18 | Report Abuse

Usri, as a friend and also same company owner, suggest you to read more on EPS and other related topics. When the coming quarterly performance result reached that achievement, TP for JCY will be higher than what you have mentioned.

ahyeo

69 posts

Posted by ahyeo > 2012-04-05 21:33 | Report Abuse

IDC expects HDD industry to record year-over-year unit shipment growth of 7.7% in 2012

Following two major disasters, worldwide hard disk drive (HDD) unit shipments declined year-over-year by 4.5% in 2011, according to International Data Corporation's (IDC) 'Worldwide Hard Disk Drive 2012-2016 Forecast: The Industry Hits the Reset Button.'

If the HDD industry has hit a reset button, only means JCY is set to gain... Historical results cannot be compared anymore... My 2 cents

sontoloyo

118 posts

Posted by sontoloyo > 2012-04-05 22:55 | Report Abuse

EPS is earning per share. I have not seen the report but based from Bloomberg, JCY 2011 EPS is 10 sen. Estimated EPS for 2012 based on Bloomberg is 21 sen. I am not sure what is standard PE times for JCY but if taking a conservative PE ratio of 10 times, we are looking at 21 sen x 10 = RM 2.10. ...Mr VeryLovely, ada betul ka? My cikgu said like that ... But if Bloomberg report not correct, dont blame me.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-04-05 23:02 | Report Abuse

Rumours say JCY already signed a 2 years contract with Seagate. A BIG BIG contract. Hope it is real.

verylovely

127 posts

Posted by verylovely > 2012-04-05 23:45 | Report Abuse

Estimated EPS for JCY in this financial year at RM0.21 obviously is low. JCY can achieve better performance. Research houses will always revise their TP from time to time. They have their ways of making money. They have more capital, first hand news and special team members.

teobl9

46 posts

Posted by teobl9 > 2012-04-06 11:23 | Report Abuse

JCY F2012-Q1 EPS is 7.93 csnts and Q2 (Jan'12-Mar'12) is estimated about the same or better. So 2 quarters already about RM0.16, JCY F2012 EPS is definitely much better than RM0.21!

diablo88

1,215 posts

Posted by diablo88 > 2012-04-06 11:33 | Report Abuse

Jjtrader: not Seagate la..is WD.. oops

omione

119 posts

Posted by omione > 2012-04-06 11:46 | Report Abuse

JCY rally is taking a break. Any estimate what the next support line will be?

diablo88

1,215 posts

Posted by diablo88 > 2012-04-06 12:32 | Report Abuse

JCY (TRADING BUY; FV: RM1.80) for cheap valuation and high dividends. The company posted strong 1QFY12 results, with its core earnings of RM162.5m nearly thumping its full-year FY10 earnings of RM173.8m, pushed up by pent-up demand for base plates and actuators as well as a favorable forex rate. Recall that its ASPs for these products have risen by approximately 20%-50%, with Seagate doubling its component orders on a contractual basis. We expect JCY’s 2QFY12 core earnings to come in near its 1QFY12 numbers. Strictly annualizing the 1Q results, the company’s full-year core earnings are estimated at RM650m vs our forecast for RM459m, suggesting that at the current market price, JCY is trading at a discounted FY12 PER of 5x-6x, compared to its historical local peer average of 10x when the market was on an uptrend. Furthermore, the stock is transacting below its IPO price of RM1.60, which had priced it at a rich valuation multiple of 19x FY10 PER. We reiterate our TRADING BUY call on JCY, with a FV of RM1.80, based on 8x FY12 PER, underpinned by its strong near-term earnings momentum and attractive dividend yield of 7%.

Posted by John Wong Jun Yuan > 2012-04-06 13:01 | Report Abuse

Hi diablo, may I know where you get this info? I try to seek the latest info frequently but don't know the way, so always cant get find. Pls give me a direction :), tks you!

ymj1016

216 posts

Posted by ymj1016 > 2012-04-06 16:28 | Report Abuse

seems like some profit taking going on today...stay calm, we all know the value of this company.

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