JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.44

Today's Change

-0.015 (3.30%)

Day's Change

0.435 - 0.465

Trading Volume

7,065,500


67 people like this.

20,136 comment(s). Last comment by Michael Kwok 18 minutes ago

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-05-04 10:23 | Report Abuse

Based on my view thru my TA: Stochastic is so high, RSI high too. Even buyer push the price it can't up coz stochastic show overbought! I think some trader give up aldy! Need to wait until stochastic drop!

mm310

437 posts

Posted by mm310 > 2012-05-04 10:57 | Report Abuse

strong support at 1.58

usry

1,202 posts

Posted by usry > 2012-05-04 11:41 | Report Abuse

Buy on rumors and sell on news..

mm310

437 posts

Posted by mm310 > 2012-05-04 11:58 | Report Abuse

support broken due to a single heavy selling at 10k. however this counter is exceptionally quiet. is it because traders are on leave for wesak?

usry

1,202 posts

Posted by usry > 2012-05-04 12:09 | Report Abuse

or they knows the exact Q2 profit so the announcement of Q2 report not become a catalyst for big player to collect this stock anymore..?

ahyeo

69 posts

Posted by ahyeo > 2012-05-04 13:39 | Report Abuse

No reason why the Q2 result won't be better than Q1 since all JCY competitor are still not up and HDD shipment volume increased 25%.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-04 13:44 | Report Abuse

May be due to unfavorable currency exchange rate (USD) and not so profitable product mix to drag down the Q2 results.

tasoke

317 posts

Posted by tasoke > 2012-05-04 14:41 | Report Abuse

se hari turun sikit, susah hati la, ta confinance kat counter ini kah? Jual la semua lo.

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-05-04 14:43 | Report Abuse

TA show it overvalue aldy! I comment aldy last week abt it! Stochastic so high! SO need to sell 1st n seee how next wave! TQ

Steven Lee

146 posts

Posted by Steven Lee > 2012-05-05 00:27 | Report Abuse

just wait and see, this counter will definitely hit the IPO price after the 2nd qtr result comes out.

Kent Lee

211 posts

Posted by Kent Lee > 2012-05-05 00:55 | Report Abuse

SL..What was the IPO price for JCY pls?

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-05-05 01:06 | Report Abuse

IPO Price 2.00! 1st day open low 1.46 on listing day!

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-05 01:21 | Report Abuse

I thought IPO price for retailer was RM 1.52 and for institution was RM 1.60 ?? or am I wrong ?

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-05-05 01:44 | Report Abuse

U r right man! Sorry i taking that info for shareinvestor.com but it was wrong info! Just check in google yes ipo 1.52-1.60! Thanks Man

Posted by Primepeng Peng > 2012-05-05 02:04 | Report Abuse

some sold it with profit taken, some cut loss will be in bad situation...

usry

1,202 posts

Posted by usry > 2012-05-05 08:03 | Report Abuse

2 weeks more to go.. if this company's 2nd quarter result is better than 1st quarter the price will 'up' some more than current level. The market will determine it value..

yungshen1

2,134 posts

Posted by yungshen1 > 2012-05-05 11:26 | Report Abuse

guys this jcy will drop to 1.250 in a few month .prepare to sell it now

gohshiau

86 posts

Posted by gohshiau > 2012-05-05 11:33 | Report Abuse

yungshen1: why said so...any negative news u get about JCY?

yungshen1

2,134 posts

Posted by yungshen1 > 2012-05-05 11:43 | Report Abuse

nope but i feel it will drop in few month.this is how trader play.this is my opinion. u have to believe your self gohshiau

Kent Lee

211 posts

Posted by Kent Lee > 2012-05-05 12:05 | Report Abuse

TQ for the info.....

dicson

7 posts

Posted by dicson > 2012-05-05 13:28 | Report Abuse

I'm newbie here and would like to share nice info that got from my friend who work in HP. I told him I'm on the jcy 'boat' when it was at 1.28X20k..He congrats me and mentioned this counter could easily hits 2.00 bcos JCY monopoly the HDD's market after the Thailand's flood. A lot of big contracts from WD and Seagate yet to be announced. I'm just sharing..

mm310

437 posts

Posted by mm310 > 2012-05-05 22:38 | Report Abuse

Dicson - Thanks for the info. Will add few more if lower share price on Monday.

usry

1,202 posts

Posted by usry > 2012-05-06 14:01 | Report Abuse

LTLOK: Thanks for your info.Will monitor it closely and react accordingly. At the same time i still wait for 2nd Quarter result for this controversy company come out. If this company report a better result than previous one,i believes the price will up some more..RM1.70 RM1.80 who knows..? The market will determine it..

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-07 09:26 | Report Abuse

Yes after holiday, today JCY buyer return to market and start buying JCY add 3 cents to RM 1.60 and buyer still buying aggressively. JCY GO GO GO toward target of RM 1.76.

mm310

437 posts

Posted by mm310 > 2012-05-07 10:59 | Report Abuse

panic selling now...

Posted by bomblikeme > 2012-05-07 11:13 | Report Abuse

LTLOK: I think that was posted quite some time ago already but it is a good read. But do read on Lamken's Fundamental Analysis, it is clear cut and review through some accounting values. TA by a few others were not bad as well..but decision is still yours..

Posted by Fat Cat Tim Buddy > 2012-05-07 13:08 | Report Abuse

http://klse.i3investor.com/servlets/anpth/103778.jsp another jcy call warrant?

Posted by bomblikeme > 2012-05-07 13:38 | Report Abuse

LTLOK: truly understand your take..and I have to agree, we shouldn't listen 100% to people's telltale, do your own study and be responsible for your decision..thanks

usry

1,202 posts

Posted by usry > 2012-05-07 14:06 | Report Abuse

LTLOK:Thanks for ur concern..will consider ur advise,.thanks..

Posted by bomblikeme > 2012-05-07 14:28 | Report Abuse

FCTB: No surprise..heard of this warrant before to be issued before, but tot was Maybank who is issuing though..

NKN1

686 posts

Posted by NKN1 > 2012-05-07 16:45 | Report Abuse

6 call warrants soon to be 7. nuts. JCY major shareholder taken for a ride

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-08 09:53 | Report Abuse

What happen to JCY ? Strong support At RM 1.53 also broken it seem heading toward next level at RM 1.48 to close the gap made earlier. Hope this support can stop the retracement.

usry

1,202 posts

Posted by usry > 2012-05-08 09:58 | Report Abuse

time to run..

NKN1

686 posts

Posted by NKN1 > 2012-05-08 10:00 | Report Abuse

mr lamken is very quite

Posted by bomblikeme > 2012-05-08 10:27 | Report Abuse

NKN1: you seem to know something, mind to share?

usry

1,202 posts

Posted by usry > 2012-05-08 10:27 | Report Abuse

Wait for RM1.30 and will buy again.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-08 10:29 | Report Abuse

First gap at RM 1.48 closed, now the retracement seem heading to close second gap at RM 1.41. If the gap is closed , only consider to reenter.

usry

1,202 posts

Posted by usry > 2012-05-08 12:04 | Report Abuse

Jjtrader:look like it mantain at RM1.45 level.. we miss the boat.. :(

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-08 12:20 | Report Abuse

I bought 50 lots at RM 1.45. Will buy more at RM 1.41.

usry

1,202 posts

Posted by usry > 2012-05-08 12:30 | Report Abuse

i wait for tomorrow.. hope it will drop another 10 cents..hehehe

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-05-08 12:39 | Report Abuse

usry: Dun against the market! Buy on TA is better! Just friendly advice bro!

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-08 13:11 | Report Abuse

Mohd Shuk I still believe in Lamken's 2 appetizers will be served shortly and the profitable Q2 results. I believe the stoc will not drop back to oversold area this time because of the oncoming good news. Moreover last time I sold at RM 1.58 - RM 1.61 and now I bought back at this level (RM 1.45 and below) already consider SUDAH UNTUNG. Happy trading and Cheer !!! : D

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-05-08 13:21 | Report Abuse

Technically speaking, RM 1.43 is the up tread support line as long as this line dun break JCY still got change to rebound

usry

1,202 posts

Posted by usry > 2012-05-08 14:56 | Report Abuse

Mohd Shuk: thanks for your advice...
Jjtrader: more of the people here can predict the Q2 result, so may be there are no surprise for this stock.. (just my 2 cents)

alntm

221 posts

Posted by alntm > 2012-05-08 16:13 | Report Abuse

m still holding and bargain buying. i dont view as averaging, but positioning (feel free to differ :P). i thk price will at very least, go near its ipo price. looking to q2 results to start the next bull. happy trading everyone!

NKN1

686 posts

Posted by NKN1 > 2012-05-08 16:48 | Report Abuse

2nd quarter should be meet or exceed analyst expectations. could be some of the cw-issuers pressing the share price down as pre-emptive strike to the good 2nd quarter result. if they did not and let price be ar 1.60, once 2nd qurter result is out, and price jump 20-30 sen, the cw's will be in the money and will be harder for them to control. they do not want that to happen.

if you think about it, has there ever been a single cw in the whole of bursa that was in the money by the time of the expiry date? 1 or 2 if not none at all.

all this cw is what is so wrong about the global financial markets these days. it does not add any economic value at all except for the sissuers and bursa.

Steven Lee

146 posts

Posted by Steven Lee > 2012-05-08 17:40 | Report Abuse

NKN1: That's how we play the game here

dicson

7 posts

Posted by dicson > 2012-05-08 20:26 | Report Abuse

Help!!!!!!Sifu!!!What is happening here?Heart attack lah today...Please share your info anything related to JCY...Sifusssss

Loh Ganu

206 posts

Posted by Loh Ganu > 2012-05-08 21:43 | Report Abuse

relek bro... biasa la dia nak melepas gak.. asyik mkn2... selagi atas 1.40 ok kot support 1.40 next 1.27

usry

1,202 posts

Posted by usry > 2012-05-08 23:13 | Report Abuse

tonite DJIA start it Mega sale and it may be influence JCY to continue it slae for another 1 day..

Post a Comment
Market Buzz