Posted by NKN1 > 2012-05-21 12:28 | Report Abuse

old school vs new school hahaha easier if just use number of units

Posted by diablo88 > 2012-05-21 12:29 | Report Abuse

we will kiss goodbye to 1.6 soon..

Posted by rookiemy > 2012-05-21 12:31 | Report Abuse

exactly, so i am expecting price range between 1.49 - 1.4 for the rest of this week.

Posted by Horizon > 2012-05-21 12:36 | Report Abuse

1 lot = 100 units la. 1000 units is quite awhile back oredi lo... sudah 2012 bros... hehehe...

bro rookiemy: tot you only belief in your FA and TA? aiks... what happened to trend is so powerful not even counter players can go against? hehehe... teasing you only la...

Posted by rookiemy > 2012-05-21 12:42 | Report Abuse

what makes you think i deviate from my FA n TA?

Posted by NKN1 > 2012-05-21 12:54 | Report Abuse

hahaha i just wanna know who are the millionare traders hehehe...i mean if they use old lots and got thousand of JCY mother wow

Posted by Horizon > 2012-05-21 13:42 | Report Abuse

you said:

"put FA n TA aside, if you are the playmaker, will you push the price up so that those contra player trapped between 1.48 - 1.58 can exit comfortably?"

Posted by rookiemy > 2012-05-21 14:19 | Report Abuse

what i meant by that is if u can think like the "cowboy" do, surely you wont want to push the price higher for other traders to exit. you would have waited and collect from them. This has nothing to do with FA or TA.

Posted by Horizon > 2012-05-21 14:27 | Report Abuse

ok ok let it go... it was a harmless comment. my apologies i mentioned it.

Posted by diablo88 > 2012-05-21 14:31 | Report Abuse

strike the cowboy kao kao

Posted by rookiemy > 2012-05-21 14:32 | Report Abuse

^-^ no need to apologize. I thought all the posting suppose to make us make better decision.

Posted by usry > 2012-05-21 15:47 | Report Abuse

sellers come again.. interesting battle..

Posted by alntm > 2012-05-21 15:55 | Report Abuse

market makers are at work...resist them...buy and hold! haha...easy to say only...

Posted by usry > 2012-05-21 16:00 | Report Abuse

i just hold 1/4 from what i bought last few month.. now wait for the right time to enter.. but some times feel tired of waiting game like this.. why don't they press down to the lowest level that they prefer within 1 -2 days..no need to 'play2' like this..

Posted by NKN1 > 2012-05-21 16:05 | Report Abuse

ishh mr usry dont la be like that....i got 25K lot cw to let go still : ).

Posted by NKN1 > 2012-05-21 16:17 | Report Abuse

kidding hahaha

Posted by usry > 2012-05-21 16:23 | Report Abuse

Bro NKN1: still have 4 month to clear your CW.. don't worry//

Posted by Kent Lee > 2012-05-21 19:02 | Report Abuse

game over?? or just another spook?

Posted by usry > 2012-05-21 20:14 | Report Abuse

I think JCY game is not over yet but it need to be 'pause' until all CW are cleared. As long as CW few banker still not expired, the price of this share will press down by issuance banks. look like we need to wait until next year (after all CW are cleared) than we can see this share move up.. However this is my prediction. and i only keep few of this share just in case if it move up,i'm not regret.

Posted by yus7888 > 2012-05-21 21:27 | Report Abuse

Finish reading the 2nd Quarter report that fully reflect the Thailand flood impact, i found that the 2nd Quarter was not having a significant extra profit compare with 1st quarter which not fully reflect the impact. My analyst was the 2nd quarter USD is weak and make the selling price drop and also the aluminium price was arose from Jan to Mar.

Hope 3rd quarter can be better as the USD is strong and aluminium price was dropping.

Good luck to all of u

Posted by usry > 2012-05-21 22:08 | Report Abuse

Look like the discussion become more interesting.Anybody want to add a comment..

Posted by petdennis > 2012-05-21 23:15 | Report Abuse

only comment is i added a few more lots in my holding: :-)

Posted by diablo88 > 2012-05-22 00:16 | Report Abuse

few things quite convincing to me at least...just to mention one here, the big volume of buy and supporting the price confirms what lamken is saying.

Posted by yewkhian > 2012-05-22 00:48 | Report Abuse

We sit tight, enjoy the JOY ! Time come real soon ya :) HUAT AR!

Posted by Fat Cat Tim Buddy > 2012-05-22 01:29 | Report Abuse

the 2nd interim dividend gonna approve soon?

Posted by Jjtrader > 2012-05-22 07:53 | Report Abuse

I also notice that bro diablo88, the buyer actually cumulating JCY shares slowly. The process of buying all the mother shares from the open market actually take time. so we must be patient and hold tight to our mother shares while waiting for the mission to complete.

Posted by Shanting > 2012-05-22 07:58 | Report Abuse

Fctmb:no shareholder approval is required for interim dividend. Now is the matter of when it is going to pay out.

Posted by Shanting > 2012-05-22 08:02 | Report Abuse

Judging from previous interim dividend, it took 2 months from the announcement date to pay out. If this is the norm, the pay out date for 2nd interim will be mid July.any comment?

Posted by usry > 2012-05-22 08:48 | Report Abuse

Shanting: that means JCY price will drop further until August.

Posted by shanting > 2012-05-22 09:07 | Report Abuse

Usry: it depends whether JCY has any other stimulus

Posted by shanting > 2012-05-22 09:09 | Report Abuse

If 2nd appitizer is real as mentioned by Lamken, price drop may not happen

Posted by ranacinggey > 2012-05-22 09:12 | Report Abuse

yeahuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Posted by nubhan > 2012-05-22 09:24 | Report Abuse

cannot go up much. All selling on this counter.

Posted by usry > 2012-05-22 09:26 | Report Abuse

Shanting: I think the 1st and 2nd appetizer was shown and finished already.. Now JCY need to depend on market players until 3rd quarter result..

Posted by diablo88 > 2012-05-22 09:30 | Report Abuse

if what lamken is saying is not true..you will not see the price being supported at this level. Be patient man, like I said, no one is going to buy high and sell low...everyone is in it to make money.

Posted by shanting > 2012-05-22 09:42 | Report Abuse

I have a feeling the 2nd appetizer is in the making, not served yet.

Posted by NKN1 > 2012-05-22 09:48 | Report Abuse

considering the amount of selling going on for the last 1 week, plus the fact that there arec roughly only 25% free float not held by major shareholder, we must wonder if it is indeed the banks that are doing the selling.

i am now more inclined to think that it could infact be the major shareholder who is doing some of the selling. since their IPO listing they never have had the opportunity to realise into cash their shareholding at this high price level. plus they need to meet the public shareholding spread

may be just may be

Posted by shanting > 2012-05-22 09:54 | Report Abuse

NKN1: If the major shareholder is selling, we should see it in Bursa announcement. Am I right?

Posted by NKN1 > 2012-05-22 10:02 | Report Abuse

i may be wrong but if sell less than certain percentage of the holdings no need to announce. like i said i may be wrong

Posted by usry > 2012-05-22 10:03 | Report Abuse

I agree with the appetizer that Mr Lamken mention. 1st appetizer is higher 2nd quarter result & 2nd appetizer is 3 cents dividend. Those two appetizer was factored in the price already. But this is only my assuming coz i don't know either JCY still have another appetizer are waiting.. anybody can clear it for me.. thanks

Posted by shanting > 2012-05-22 10:05 | Report Abuse

If the major shareholder is really wanna cash out, he will not just sell a small stake that does not warrant an announcement.

Posted by shanting > 2012-05-22 10:11 | Report Abuse

to me, I think the 2nd quarter results is slightly below market expectation. Hence JCY give 3 sen dividend as appetizer (the 1st appetizer).

Posted by NKN1 > 2012-05-22 10:19 | Report Abuse

could be they do not want to sell 10% but may sell 3-4% slowly into the market. not easy to get any other major investor in as the new investors will be dwarfed by the major shareholder significantly and the new investor will see it as a risk as they are not in control

Posted by diablo88 > 2012-05-22 10:21 | Report Abuse

why do you want to choose to be the victim of the cowboy

Posted by NKN1 > 2012-05-22 10:22 | Report Abuse

last 5 day close to 100 million shares has been traded. about 5% of issued share. that is roughly rm 145 million in value. not a small amount

Posted by NKN1 > 2012-05-22 10:36 | Report Abuse

JCY volume today relatively very low compared to last 5 days? good sign? bad sign?

Posted by diablo88 > 2012-05-22 10:36 | Report Abuse

and if you notice also the selling volume is not so great today compared to the past few days. Look like the cowboy is reserving some. scare!

Posted by diablo88 > 2012-05-22 10:38 | Report Abuse

across the board you see volume are not great as well

Posted by NKN1 > 2012-05-22 10:42 | Report Abuse

dead cat bounce

Posted by diablo88 > 2012-05-22 10:44 | Report Abuse

starve the cowboy bro