Lee Chee Wee: "At support levels 0.67-0.685. Strong buy now. Next week will rebound."
very smart very strategic thinking
if only many many many more investors are like you, always looking to chase low instead of hesitating waiting no end for chasing high panic buying high
NickelLee. Publish date: Fri, 07 Jun 2024, 01:07 AM JCY (5161) If BIG Brother Does Well, So Should Little Brother If the share prices of Western Digital (WDC) and Seagate Technology (STX) on Nasdaq is doing well, there is no reason to think that share prices of JCY International (JCY) should do any lesser. The logic, simply because JCY's business well-being is highly corelated to its customers WDC and STX since they co-exist within the same value chain. As much as WDC and STX are both very important customer of JCY, no-one should discount this business link. Yes, JCY will continue to outperform as this is only the beginning. How? 1. Second half of 2024 results are expected to be better than First Half as confidently guided by management in their result review and commentary in May. 2. Operational Leverage and Economies of Scale for JCY is Much Greater Than its customers'. At slightly below 50% plant utilization rate, JCY has already clocked in RM5.34mn in net profit. Ask any production manager or factory owners what importance is when manufactures goods get pass breakeven utilization rate. When utilization rate surpasses breakeven level, profits can flow in exponentially with every improvement in utilization rate (also known as economies of scale).
flyhub888: "ahh so no solid ans for news for jcy lol.."
aah, welcome to the real world, kid
that's why you gotta start learning to do your own research (dyor) or do your own homework (dyoh), cos not many guys would likely be doing that for you, except maybe when they're in supergreat mood
while mr investor2021trading has even given you some good leads, but still they seem to have all gone completely over your head
just shows it all, about how lazy you are, you just want someone to spoonfeed everything to you, or hand everything to you on a platter
sorry dude, better start working harder if you genuinely want to succeed
Funny guy, everytime US market down he posted index to every forum that he had intention to buy. Upon price higher than the price he bought he will write "take profit." 🤣
The market in Malaysia is affected by US market. Therefore it is very important to observe the development in US. With Biden retreat and allow Kamala Hamas to take over we hope to see improvement in the US market. Why US ? Cause US is the largest economy and their demands will affect the stock market gobally. Bear in mind all the data center parent companies are all from US.
The report will be for the fiscal Quarter ending Jun 2024. According to Zacks Investment Research, based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $0.6. The reported EPS for the same quarter last year was $-0.29.
By disposing the shares it does not mean that is the end of the company. In fact they will be other investors that will buy and shore up the price higher than the price they sell. As long as the company results are goods its shares will continue to stay higher.
It was DBT. not dumping to retailers.. meaning someone acquired the shares directly from owner.. and it's just 40mils from their holding company YKY.. not 200M in total.
Each coin has 2 faces. One side is the owner selling (it seems like negative) but another side of the coin is the buyer feel the company has greater potential and they are willing to use 0.75-0.79 price to buy from the owner. It cost RM30M+ not small amount.
"newbie5354_: "How about owner buy ESOS 25 sen 4 million or 40 million shares possible? Owner know there are people willing to pay 70-80 sen so can make easy profit?"
okay la bro, since you still wanna be crying weeping whining whingeing non-stop about this esos thing
how about you call up jcy office soon, and offer yourself to work as a worker there
whether blue collar, or white collar, or brown collar or whatever
then you can just bide your time, wait for the next esos
but you have to work hard, every hour of every day, every day of every week, every week of every month, and so on
you cannot be just lazy curi tulang all the time like you in jcy forum, simply asking dumbo arso questions all the frekkin time but not doing much constructive work to help sustain or boost jcy price, or else you gonna get the sack within a week ha ha ha😂
bryan2003: "but another side of the coin is the buyer feel the company has greater potential and they are willing to use 0.75-0.79 price to buy from the owner. It cost RM30M+ not small amount."
yep, for a brave daring player with big very big cap, playing a volatile penny stock with strong upside could be just like a dream, they simply have a good time riding on volume
like if he bought 40 mil units (40,000 big lots) @70 sen today, it would cost him only rm28 mil
then for every sen up he's gonna make rm400k gain, if 10 sen up he makes rm4 mil gain
ESOS is non issue for me because for the last agm, Jan 2024 the comp only approve around 3 Mils. The big ESOS around 60Mils was awarded during 2018 agm, which i believe mostly already exercised by the recipients. Even after DBT of 40 Mils the owner still hold 63% of the company. And i truly believe next Qr report will be good and will provide the catalyst to push the price beyond RM 1. TAYOR
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,242 posts
Posted by calvintaneng > 2 months ago | Report Abuse
Good news for Jcy and Dufu
Their parts are exported by Seagate world wide
https://www.datacenterdynamics.com/en/news/crusoe-confirms-plans-for-200mw-ai-data-center-in-texas/