Posted by omione > 2012-04-06 16:35 | Report Abuse

Notice the sellings are in small lots. The B% for 1000-lot and above category 81%. Looks like profit taking is by small traders, and the big fish are happily collecting them.

Posted by azta12 > 2012-04-06 18:20 | Report Abuse

Agree,just taking a breather before another assault, the chart and the fundamental still intact looks good.

Posted by bonescythe > 2012-04-06 18:50 | Report Abuse

I will be back :D
Next week, F22 Raptor

Posted by chongkonghui > 2012-04-06 19:12 | Report Abuse

If big fish is collecting, we should also, follow them should be a correct strategy.

Posted by Jjtrader > 2012-04-06 20:31 | Report Abuse

are u sure shark is collecting or shark just stay a side and let the market float by itself.

Posted by njue76 > 2012-04-06 20:33 | Report Abuse

somethings to share...cimb up jcy to 2.22 but long journey to go tp..2.22
4.3 Changes to target prices
During the 4Q11 results season, we made adjustments to all the five tech stocks under our coverage. We raised our target prices for…
..JCY from RM1.54 to RM2.22 as we bumped up FY12-14 EPS for higher 2H sales but maintained our valuation basis of 6x CY13 P/E, in line with comparables.
We lowered our target price for Jobstreet from RM2.97 to RM2.31 based on a 14.1x P/E, in line with its peers. We also cut Uchi’s target price to RM1.18 from RM1.22 based on an 8.8x CY13 P/E which is a 30% discount to our target market P/E.
More recently, we upped our target price for Unisem from RM1.00 to RM1.87, valuing the stock at a 25% premium (median premium during 2010-11 demand upcycle) over its 5-year historical P/BV, in light of the improving outlook for the industry. Similarly, MPI’s target price was raised from RM2.79 to RM4.08 as we valued the stock at -1 standard deviation to its 5-year average historical P/BV to match 1) the demand upcycle in 2009-11 and 2) less skewed valuations, i.e. no longer pulled up by the high P/BV multiple in 2007-08.

Posted by Jjtrader > 2012-04-06 20:46 | Report Abuse

bonescythe, Last technical BUY CALL very sharp and accurate, Cun Cun at the target price. (RESPECT). When is the next Buy call ?

Posted by njue76 > 2012-04-06 20:46 | Report Abuse

only read..
2.3 HDD pricing to remain firm in the March quarter
According to JCY, pricing for its components remained fairly stable in the
March quarter compared to the December quarter, suggesting that gross margin
will remain high. Our discussions with some other HDD component suppliers
also suggest flat to a marginal decline in ASP as the drive makers are currently
more concerned about component availability than pricing. This is because the
drive makers are enjoying record gross margin due to the current undersupply
situation. According to Seagate and WD, the HDD industry is expected to ship
130m-135m drives in the March quarter vs. 119m in the December quarter and
will struggle to match demand throughout 2012. Both of them expect
meaningful inventory replenishment only in 1H13.
To maximise its return, JCY will continue to focus on better-margin projects
and allocate less resources to the lower-margin top cover and anti-disc
components. Also, the group will be gradually expanding its machining and
die-casting capacities to cope with the increased order from Seagate. The two
new China plants (one in Suzhou and one in Guangzhou) will be ready in 2012
as well and could help to alleviate the labour shortage in Malaysia.

Posted by symori > 2012-04-09 08:51 | Report Abuse

the way i see it, price gonna hit around 1.21 , then we can bulls eye!

Posted by Fat Cat Tim Buddy > 2012-04-09 08:59 | Report Abuse

price will go down, then it force all the son holder flush out, and then.. then push the mother share up again, then.. more people will buy the son, it will keep repeating.

just my 1 cent la..

Posted by usry > 2012-04-09 09:11 | Report Abuse

agree with FTCB. so for thohe who have a heart attack or other dangerous ailment, don't paly with this counter.. will make ur heart beat irregular and u unable to sleep well. But for me as a fundementalist, i will hold this stock until 2nd Quarter result ( 5 week more to come). By the way this is not a reccomendation for buy or sell or hold. It for me only and not related with people who are alive or death..!!

Posted by E R > 2012-04-09 10:09 | Report Abuse

this stock upgraded by CIMB to trading buy with target price RM2.20.. currently the sector also upgraded to overweight.. so if u smell the cooking then ready for eating

Posted by Jjtrader > 2012-04-09 19:05 | Report Abuse

Hello lamken, what is your expected forecast profit for JCY Q2 Fy12 . Please advise.

Posted by yeongyih76 > 2012-04-09 21:23 | Report Abuse

of course the target price will push up, else who is going to purchase the call warrant!

Posted by omione > 2012-04-09 21:36 | Report Abuse

Notice since the low of 1.07 reached on Mar 19, JCY has rallied to a higher low. If this positive trend continued, this pullback should not dip below 1.20 giving it a nice higher low progression. So Symori's 1.21 is just about right. Better days are still ahead. This pullback is a normal upward consolidation.

Posted by usry > 2012-04-10 08:41 | Report Abuse

Last nite DJIA was injured and this will influence KLSE in general performance.. As a result i think JCy also affected. see how this stock react today.. happy Watching from side line..

Posted by diablo88 > 2012-04-10 09:08 | Report Abuse

fellow comrades...believe in what you buy and the potential of the stock... the stock market will surely go up and down accordinly and that's normal. Good stock when go down will rebounds back strongly. You choose if you want to be a winner or loser.

Posted by usry > 2012-04-10 09:12 | Report Abuse

Yup..Agree with Bro Diablo88.. the market will go up & down and same as individua stock but if u choose the good fundemental stok,it not make u disappointed..

Posted by monster 795 > 2012-04-10 13:11 | Report Abuse

1.26 well absorb..mcm nak jalan yer..

Posted by azta12 > 2012-04-10 14:56 | Report Abuse

memang mahu jalan tu.

Posted by Jjtrader > 2012-04-10 16:47 | Report Abuse

TAk cukup tenaga, so tmr force selling will start and price drop again. Sigh!

Posted by Fat Cat Tim Buddy > 2012-04-10 16:55 | Report Abuse

but today already is T4 , where the force selling come from?

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

tomorrow cuti... bursa nak tido..

Posted by E R > 2012-04-10 17:11 | Report Abuse

orang wihtdraw nk buat belanja jalan2 esok

Posted by monster 795 > 2012-04-10 17:12 | Report Abuse

dah tak banyak lagi tuh...thurs sure up up up and away...

Posted by diablo88 > 2012-04-11 13:43 | Report Abuse

chill brother...jatuh ke naik ke is ok. Many speculator out there with many different opinions..especially those who said the demand of HDD is declining due to tablets penetration in the market. It is for sure some impact but do you know cloud computing is also gaining mainstream and big amount of HDD capacity are required in this business... and etc. YOu do your maths..

Posted by anipchin > 2012-04-11 19:09 | Report Abuse

Agree with diablo88. Cloud database lifestyles has slowly build up in community world wide, corporate and business cultures. With high speed connection that allowing big GB multimedia data to be transmitted over the net in a couples of seconds is surely require lots of cheap hard disks just for storage. Just my humble opinion. Peace.

Posted by diablo88 > 2012-04-12 10:11 | Report Abuse

My sifu said...if this stock doesn't crossed 1.6 in 2 months, I don't have to call him sifu anymore. NEVER ever heard such confident comments from him before. He said JCY will fly today...keeping my finger crossed.

Posted by E R > 2012-04-12 10:15 | Report Abuse

haha.. hi-level confident.. but what ur sifu said is correct.. even more

Posted by Jjtrader > 2012-04-12 10:55 | Report Abuse

Who is your sifu?

Posted by diablo88 > 2012-04-12 11:16 | Report Abuse

my sifu is my remisier lar...see the volume :D

Posted by Jjtrader > 2012-04-12 11:28 | Report Abuse

JCY is coming...........................UP UP to the sky. Yeah !

Posted by diablo88 > 2012-04-12 11:33 | Report Abuse

Watch out huh...I did not say is a buy call ok. Buy and sell at your own risks

Posted by Jjtrader > 2012-04-12 11:53 | Report Abuse

Noted, buy at our own risk. dun blame anybody if price drop. :D !!!!

Posted by E R > 2012-04-12 12:19 | Report Abuse

and dont drunk and buy.. be smart

Posted by John Wong Jun Yuan > 2012-04-12 12:44 | Report Abuse

Lamken bro has been missing for few day~ miss you so much @@

Posted by bomblikeme > 2012-04-12 14:01 | Report Abuse

He won't comment in times like this, too nitty gritty ady. Cause many will plough questions to him, some good questions some stupid one..so he wouldn't be attending to all, might as well don't do it..if you look at his previous comments, his method is usually to answer every single one..hehe..he will come in again when it is near to Q2 announcement time..hehe

Posted by ymj1016 > 2012-04-12 14:41 | Report Abuse

Yup, whatever need to be said had been said, now it's based on your own action and decision to make the best out of it. Happy Investing!

Posted by usry > 2012-04-12 15:18 | Report Abuse

climb higher and higher..slow & steady..

Posted by Jjtrader > 2012-04-13 08:28 | Report Abuse

Can JCY hit RM 1.35 today ?

Posted by usry > 2012-04-13 09:16 | Report Abuse

Last nite DJIA close in positive mood.. if our market sentiment also good today than JCY will move up at least 2-3 cents more..(just my guess and not a recommendation for buy/sell and related with people who is still alive or death)

Posted by Steven Lee > 2012-04-13 18:05 | Report Abuse

the price rise even at Friday, hmm... amazing...

Posted by Kent Lee > 2012-04-13 20:07 | Report Abuse

monday retrace ?....

Posted by Jjtrader > 2012-04-13 20:19 | Report Abuse

More to come, share price will advance further to around RM 1.50 - 1.70 level. Market rumors said it will takeover a company to further increase it's market share as hdd component maker and also will get a very huge contract from WD.

Posted by tasoke > 2012-04-16 03:17 | Report Abuse

jcy will come to nomal and fair value game.

Posted by tsangyintat > 2012-04-16 09:53 | Report Abuse

when will it come to 1.6

Posted by Jjtrader > 2012-04-16 10:35 | Report Abuse

JCY stop moving, losing momentum. RM 1.60 still very long time may be around June

Posted by Ooi Teik Bee > 2012-04-16 10:36 | Report Abuse

Look like many sellers there, it takes time to clear them.

Next few days is very important, the present resistance is 1.48.

Thank you.

Ooi

Posted by mm310 > 2012-04-16 10:36 | Report Abuse

will announce the good news when releasing its results.

Posted by Jjtrader > 2012-04-16 10:42 | Report Abuse

Buyer keep buying 320 lots and Seller sold 300 lots, may be they are some person. If they are same person means they just brought net 20 lots only. price how to go up.(Only my opinion )