Posted by Steven Lee > 2012-06-06 16:02 | Report Abuse

it's holding time, never sold b4

Posted by ymj1016 > 2012-06-06 16:09 | Report Abuse

Yeah, keep holding and keep selling higher, guys!

Posted by TokanCorner > 2012-06-06 16:10 | Report Abuse

Holding it .. if can past through 1.65 .. New Hi In da making .. so better PT some and lets the profits runs. ^_^ @ http://bit.ly/KajIUe

Posted by nasik goreng > 2012-06-07 09:06 | Report Abuse

jcy will fly tday, see u all in the sky....hahaha

Posted by TokanCorner > 2012-06-07 09:12 | Report Abuse

JCY if can past through 1.65 .. New Hi In da making .. so better PT some and lets the profits runs. ^_^ @ http://bit.ly/KajIUe

Posted by tradersam 56 > 2012-06-07 12:19 | Report Abuse

Tokan C, the cowboys are selling 1.520 at 100units continuosly to prevent it go up 1.530! Though battle now!

Posted by TokanCorner > 2012-06-07 13:19 | Report Abuse

traders sam 56 .. it a common thing on this ... pt 1st then buy back .. find the mini resistance and support to watch the entry ...Always do 3 W . that is When When WHy ... ^_^ cheers @ http://bit.ly/KajIUe

Posted by tradersam 56 > 2012-06-07 13:52 | Report Abuse

Thks TC. Appreciate your advice !

Posted by TokanCorner > 2012-06-07 14:26 | Report Abuse

*debug sorry not When When WHy but Where When Why ^_^ sorry ... every trade ask ur self why u buy this stock ... when u will buy it and where to buy it ( the price ) just like profit taking ^_^ @ http://bit.ly/KajIUe

Posted by cheongmd > 2012-06-08 00:26 | Report Abuse

I believe the JCY prise will up again to 1.65...

Posted by ymj1016 > 2012-06-08 10:07 | Report Abuse

seems like the pressing game continues today...

Posted by ranacinggey > 2012-06-08 16:54 | Report Abuse

arghhhhhhhhhhhh

Posted by snsee > 2012-06-08 17:03 | Report Abuse

Rookiemy, any cooment on TA?

Posted by rookiemy > 2012-06-08 19:03 | Report Abuse

snsee: JCY after recent rebounce from a low of 1.3 to a high of 1.56, is taking a breather at last. It may consolidate further into next week in order to gain more upward momentum. Should the consolidation continue into next week, Bollinger Middle Band will be the target which stands @1.45 today and level off. 20d EMA also level off @1.46 whereas the 50d EMA is rising slowly @1.41 (playing catchup). I have raise my entry price by 2 bid.


1 forumner ask me why I have my reservation on recent break-out and on touching 1.65. My reason being, during a stock price swing either from high to low or low to high, rarely you see the price swing beyond the bollinger upper or lower band. As such we can use the upper or lower band as a guide for overbought or oversold.

during recent rebounce, Bollinger upper band was around 1.55. Therefore, from a breakout of 1.49 to 1.55 with decreasing volume, too much risk and too little reward for a trader like me.

on monthly basis, JCY remain bullish.

Posted by san4477 > 2012-06-08 19:24 | Report Abuse

Hi rookiemy, appreciate your time and effort to update us all, thanks!! :)

Posted by kcfan > 2012-06-08 23:05 | Report Abuse

Top pick is JCY
Notwithstanding its continued share price outperformance, we believe there is further upside from positive earnings announcements in the next two quarters. JCY remains our top pick in the non-semiconductor segment with a Trading Buy call and target price of RM2.22. Our target price is based on 6x CY13 P/E, the sector average.

Posted by pjforsuccess > 2012-06-09 12:31 | Report Abuse

after the dividend, will the price move higher ?

Posted by Steven Lee > 2012-06-09 13:42 | Report Abuse

only God know price move higher, we can only make sure we enter at low price.

Posted by snsee > 2012-06-09 14:03 | Report Abuse

Rookiemy, thanks for your kind sharing.

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

Start moving down.. hope i will get this share at RM1.30 or below..

Posted by ranacinggey > 2012-06-11 12:25 | Report Abuse

so simply...i dont think so la

Posted by jeffc > 2012-06-11 16:58 | Report Abuse

have a listen to this channel.

http://www.bfm.my/bg-james-wong-jcy-international.html

Posted by Fat Cat Tim Buddy > 2012-06-12 10:23 | Report Abuse

wow thx jeffc, but 500 billions on entering SSD ? its this a joke? or maybe he said wrongly, it should be 500 millions?

Posted by ahyeo > 2012-06-12 11:55 | Report Abuse

No joke it is correct. It will cost the industry USD140Bn to build enough capacity to just replace the lost capacity from the Thai flood. Which is why we saw SSD failed to replace HDD during this critical shortage

Posted by Fat Cat Tim Buddy > 2012-06-12 15:21 | Report Abuse

but the ceo said it will take 500bn just to entering the SSD sector, 500bn!? even berkshire hathaway + facebook + google total market cap is not even 500bn. im not sure about that.

WD and seagate combine market cap only merely 20++ bn.

this ceo said too many times ' u know ' which is kind of annoying, and he refuse to diversify the source of income!? check out the 2011 profit , the EPS only 0.71 cent.

the company founded on 1994, and they list it at 2010 , a 16 years old company, but they sell it at PER 19 , which is one of the expensive and worst performing IPO.

Obviously they are too optimistic about their future, just like Mr Lamken did, but will anythings just run smoothly without any obstacle? we'll see..

Posted by ymj1016 > 2012-06-12 15:32 | Report Abuse

Put the optimistic part aside, but true enough whatever he explains seem logical and understandable, just like what Lamken has been telling here. This industry is just a little bit unique, high demand but left with only few players...with the damages caused to most of the industry players except JCY, I believe JCY managed to turnaround become a gem in HDD industry. It's just the matter of time to prove it. I'm not too sure about SSD, but for it to grow to match with/replace HDD, it takes time and until then, JCY will still be benefitting from the current expanding demand of storage market.

Posted by baramundi80 > 2012-06-12 16:21 | Report Abuse

no more indian vs cowboy story?...huhuhuh

Posted by tradersam 56 > 2012-06-12 16:26 | Report Abuse

New series still in the making Bro. Bara

Posted by baramundi80 > 2012-06-12 16:28 | Report Abuse

ya...this time is cowboy vs aliens....hehehe

Posted by ahyeo > 2012-06-12 16:51 | Report Abuse

FCTB. He meant if SSD wants to replace the entire HDD market as the next gen mass storage solution, the industry needs to spent USD500Bn. This is reasonable since Samsung spent USD12Bn just to make NAND flash memory enough for 7 Million units of 1Terabyte HDD storage using the latest 24nm technology. And HDD ships 650milliom HDDs yearly. You can do the math.

Posted by ahyeo > 2012-06-12 16:58 | Report Abuse

HDD industry CAPEX to make 100 million units of 1TB HDD storage is USD2.5Bn

Posted by Fat Cat Tim Buddy > 2012-06-12 17:14 | Report Abuse

ow.. thx ahyeo for the explanation, maybe i was misunderstanding the ceo statement.

Posted by LittleY > 2012-06-13 13:05 | Report Abuse

For the USD500 billion debates, please refer to this:

http://www.forbes.com/sites/ericsavitz/2012/04/12/seagate-ceo-luczo-on-drives-zettabytes-flash-and-his-tattoo/5/

It's fifth page of the total 9 web pages of the Seagate CEO Luczo interview by Forbes. Check out the section following the question "Q: And demand will keep ratcheting up from there.", the USD500 billion was mentioned there.

This is not original from the director in the BFM interview, but he quoted something said by Luczo, the CEO of Seagate.

Do read all the interview, if you may. It's helpful to earn more knowledge in the HDD industry.

Posted by rookiemy > 2012-06-13 16:12 | Report Abuse

In stock market, no matter how good your tell tales is, it all comes down to profit earning and dividend payout. nothing more nothing less.

Posted by Steven Lee > 2012-06-13 16:39 | Report Abuse

and that's called fundamental.

Posted by pureland > 2012-06-14 11:35 | Report Abuse

The global hard disk drive (HDD) industry surged to record revenues in the first quarter, thanks to higher average selling prices that compensated for the wreckage and loss in shipments left by the October floods in Thailand, according to an IHS iSuppli Storage Market Brief report from information and analytics provider IHS.

HDD revenues for the first quarter reached US$9.6bn, an industry high that bested the previous record of US$9.3bn in the first quarter of 2010. The rise in HDD revenues occurred even though shipments during the first quarter of 145m units were less than the 174m units of the third quarter last year, just before destructive floods in October damaged a wide swath of HDD factories located in Thailand. A full recovery to pre-flood shipment levels is not expected until the third quarter, one full year after the disaster.

"Revenues in the first quarter were up because of a rise in HDD average selling prices to approximately US$66.3, compared to US$51.5 in the third quarter before the flooding," said Fang Zhang, storage analyst at IHS. "The ASP will not return to pre-flood levels in the short term and will stay at elevated levels throughout 2012 and 2013, helping the HDD industry make up for some of the losses following the disaster.

Revenues were higher in the first quarter, even though shipments during the same period were well below those in the third quarter before the flood. And like revenues, ASPs climbed to higher levels in the first quarter compared to pre-flood levels.

Among HDD manufacturers, Seagate Technology had the largest share of revenues at 46%, followed by Western Digital at 32%, Hitachi Global Storage Technology at 11% and Toshiba also at 11%. Hitachi GST was acquired by Western Digital toward the end of the first quarter in March, and these shares for both Western Digital and Hitachi GST represent revenues recognized during the quarter, the period prior to the merger.

Number one Seagate's first-quarter revenues of US$4.5bn include all shipments from the recently acquired hard disk business of Samsung. The market leader in HDD revenues for the past decade, Seagate has also held down the top spot in HDD shipments for the last two quarters, after archrival Western Digital sustained heavy damage in Thailand and lost its pinnacle position. Seagate is likely to maintain its perch at the apex in both revenues and shipments for at least another quarter, IHS predicts. Seagate's HDD shipments, including Samsung's output, amounted to some 60.7m units in the first quarter.

For Western Digital, the revenue picture brightens if it includes US$61m from Hitachi GST's three-and-a-half-week revenues after the merger between the two was completed in March. Without Hitachi GST's portion, Western Digital's first-quarter revenues would be slightly below its third-quarter, pre-flood level of US$2.6bn. Going forward, Western Digital expects revenues to hover between US$4.2bn and US$4.5bn, including full contribution from Hitachi GST. Western Digital's HDD shipments during first quarter amounted to 44.2m units, including the Hitachi portion at the time of the merger.

Toshiba's first-quarter revenues of US$1.1bn were, like Western Digital's, below its pre-flood revenues of US$1.3bn in the third quarter. Just recently, Toshiba announced it had completed the exchange of its Thailand manufacturing plant in Pathumani with Western Digital's facility in Prachinburi. Toshiba also has consolidated its HDD production operations in the Philippines and China, reducing scale in each country in order to lower manufacturing costs and improve efficiency. Toshiba, which aims to double its HDD sales to approximately US$10.0bn by 2014, shipped a total of 20.6m HDD units in the first quarter.

Also contributing to a healthier revenue picture for the HDD industry was a rise in gross margins and operating margins.
The higher numbers here were positive indicators of the companies' ability to pay down their fixed costs and were, therefore, reliable barometers of good financial risk.
Seagate enjoyed a gross margin of 37% in the first quarter - a company record mainly due to higher ASPs - and also saw its operating margin reach 27%, up from 19% in the fourth quarter. For its part, Western Digital saw gross margin climb to 32%, and its operating margin also rose to 18%, up from 8% in the fourth quarter of 2011.

Both players expect their gross margins to remain higher in the second quarter, to about 35%.

Posted by rookiemy > 2012-06-14 16:47 | Report Abuse

need to close @1.47 at least to prevent weakened sentiment!!

Posted by rookiemy > 2012-06-14 16:56 | Report Abuse

Has it done enough to move higher from here? See how it will turn out tomorrow.

Posted by ymj1016 > 2012-06-14 16:58 | Report Abuse

Tomoro will be ex-date for 3 cents dividend. See how the market reacts from there.

Posted by Darren Loke > 2012-06-15 00:47 | Report Abuse

a lot of investors are interested in this stock.
Trading volumes are exceptionally high.

The question is, are these investors planned for long or short term?

Posted by Jjtrader > 2012-06-15 09:32 | Report Abuse

After X dividend, today JCY should drop, hopefully it drop back to RM 1.30 +, so I can collect back at much cheaper price. Cow boys please press harder.

Posted by usry > 2012-06-15 09:45 | Report Abuse

same as my hope.. and if no other 'factored influence', usually after ex date the price will move side ways and drop little bit..

Posted by Jjtrader > 2012-06-15 10:15 | Report Abuse

It seems cowboys are pressing hard, sold 298100 & 129100 shares at RM 1.43 but the the buyer like chicken just bought single digit lots. JCY down, down and down more please.

Posted by Jjtrader > 2012-06-15 10:22 | Report Abuse

Sold other 241600 shares at RM 1.43, good job, keep pressing down to below RM 1.40. He he he.

Posted by Steven Lee > 2012-06-15 17:14 | Report Abuse

stood @ 1.45 on Friday, whats that significant ?

Posted by Marcus Beh > 2012-06-15 22:40 | Report Abuse

Can anyone tell me Jcy still can up 1.60 ????

Posted by E R > 2012-06-15 22:47 | Report Abuse

hmm..

Posted by Marcus Beh > 2012-06-15 23:39 | Report Abuse

Er thanks ...!

Posted by Darren Loke > 2012-06-16 08:50 | Report Abuse

Based on ex date results, quite a no of ppl are disposing after dividend, but buyers managed to absorb back to 1.45 end of the day. Sorry to burst your bubble, but those wishing for a cheap sale might be dissappointed. My advise is, get in while you can as JYC is a good stock with strong fundamentals, impressive recent quarter profits and good for long term seeing how HDD market is here to stay for a very long time. Seagate and WD is ordering from them huge quantities with lack of competition.

IMO, once 1.50 is violated, 1.75 and 2.00 will definitely come before end of this quarter.

Posted by yewkhian > 2012-06-17 07:07 | Report Abuse

Darren: thanks for sharing !