JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.435

Today's Change

-0.02 (4.40%)

Day's Change

0.435 - 0.465

Trading Volume

8,046,500


67 people like this.

20,143 comment(s). Last comment by StarOfTheBull 5 hours ago

azta12

5,594 posts

Posted by azta12 > 2012-01-12 11:53 | Report Abuse

st. agree with you,1.12 level should be good entering point.

Posted by Fat Cat Tim Buddy > 2012-01-12 12:02 | Report Abuse

is this counter allow to short selling?

ST

405 posts

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

asta12: i will wait below 1.10 level...i believe lots of ppl out there will throw before CNY...

Euscilyn

592 posts

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

St & Azta12, maybe still can wait til 0.90~1. we c next wk.

ST

405 posts

Posted by ST > 2012-01-12 14:23 | Report Abuse

FatCat: Bursa prohibits us from short selling...
Euscilyn: i don't think will drop below 1.00...

Posted by Fat Cat Tim Buddy > 2012-01-12 14:39 | Report Abuse

ST, but some stock can be short selling, is it? because i just check the general info of jcy in jupiter online, and it stated , jcy short selling is allowed.

ST

405 posts

Posted by ST > 2012-01-12 14:44 | Report Abuse

FatCat: I don think so...probably, u check with Jupiter on that...as what I know, short selling is banned here...

azta12

5,594 posts

Posted by azta12 > 2012-01-12 15:07 | Report Abuse

FatCat,I think short sell is allowed, but regulated one. The authority realized mrkt without short sell will kill the market

ST

405 posts

Posted by ST > 2012-01-13 10:08 | Report Abuse

what wil the closing price today??? any prediction??

kuance

58 posts

Posted by kuance > 2012-01-13 13:05 | Report Abuse

"fry"day... expect a "sad" emoticon... or either a peaceful ending for this week on this counter....

anyway... i don't think shortselling is allow in Malaysia rules and regulation...

ST

405 posts

Posted by ST > 2012-01-13 13:12 | Report Abuse

true...

Kent Lee

211 posts

Posted by Kent Lee > 2012-01-18 19:46 | Report Abuse

no more fuel.. time to run for cover...

Posted by Stephen Lee > 2012-01-19 01:46 | Report Abuse

JCY-CD have created blood shed to some investors or speculators last few days....down. down and down.

Adam Ryan

470 posts

Posted by Adam Ryan > 2012-01-19 01:50 | Report Abuse

kent lee: like i say just watch this stock, will let u know when to enter....don't follow people....

yewkhian

197 posts

Posted by yewkhian > 2012-01-19 08:51 | Report Abuse

Adam : can include me also? Thanks a lots

kuance

58 posts

Posted by kuance > 2012-01-19 17:16 | Report Abuse

i agree... after CNY... watch tightly on this stock... something is there to tell u something : )

Kent Lee

211 posts

Posted by Kent Lee > 2012-01-19 18:50 | Report Abuse

after CNY?? ok we shall see...

Posted by kschai77i3 > 2012-01-19 18:53 | Report Abuse

then should start collecting when low now...

njue76

471 posts

Posted by njue76 > 2012-01-19 21:56 | Report Abuse

Time to collect...suport rm1.10. After cny should be rally again for profit teport....buy on your own risk.....good luck

yewkhian

197 posts

Posted by yewkhian > 2012-01-19 22:06 | Report Abuse

njue76 - any potential TP?

kuance

58 posts

Posted by kuance > 2012-01-25 10:39 | Report Abuse

The rally has begun

njue76

471 posts

Posted by njue76 > 2012-01-25 17:45 | Report Abuse

time to colect...tp 1.50 early mac..or tomorow by speculate

kuance

58 posts

Posted by kuance > 2012-01-26 12:01 | Report Abuse

break another minor resistance... TP around 1.35 ~ 1.40 next resistance.

jeje

102 posts

Posted by jeje > 2012-01-26 13:05 | Report Abuse

still can buy now?

tasoke

317 posts

Posted by tasoke > 2012-01-26 14:08 | Report Abuse

go,go rm 1.45 will come

lamken

183 posts

Posted by lamken > 2012-01-27 21:52 | Report Abuse

seagate will takeover JCY in next few month. collect now before too late. takeover TP RM 4. this is from reliable source.

raphael

109 posts

Posted by raphael > 2012-01-27 21:56 | Report Abuse

??really?

Chris

88 posts

Posted by Chris > 2012-01-27 22:10 | Report Abuse

From RM1.26 to RM4 ??? quite a big spike....

Kent Lee

211 posts

Posted by Kent Lee > 2012-01-27 22:20 | Report Abuse

seagate taking over jcy?? hmmmm....

Posted by Kim Yap Lau > 2012-01-27 23:53 | Report Abuse

lamken, reliable source mean where it comes from??? remiser?

Posted by Kim Yap Lau > 2012-01-28 00:06 | Report Abuse

If u say jcy up to RM2, maybe...

Posted by Stephen Lee > 2012-01-28 03:14 | Report Abuse

Lamken: I think you must be joking that Seagate will take over JCY at RM4.00 . Hope that you will not give us a trip to HOLLAND.

Posted by MountKinabalu1 > 2012-01-28 08:26 | Report Abuse

Guys, what about Notion Vtec(JCY supplier)? Can break Rm1.95?

yewkhian

197 posts

Posted by yewkhian > 2012-01-28 08:45 | Report Abuse

Lau, TP RM 1.5 +- good enough, from bursa report big boss need to reduce stake in JCY "SC rules of listing".

Posted by MountKinabalu1 > 2012-01-28 09:15 | Report Abuse

Mr Yew, Please elaborate, who need to "reduce stake"? Thanks

yewkhian

197 posts

Posted by yewkhian > 2012-01-28 09:28 | Report Abuse

5161 JCY JCY INTERNATIONAL BERHAD
PUBLIC SHAREHOLDINGS SPREAD

PUBLIC SHAREHOLDINGS SPREADJCY INTERNATIONAL BERHAD - PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TOPARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIASECURITIES BERHADYou are advised to read the full contents of the announcement or attachment athttp://www.bursamalaysia.com.


03/01/2012 05:51 PM


Ref Code: 20120103GA00223

Posted by MountKinabalu1 > 2012-01-28 09:30 | Report Abuse

BIG THANKS, Mr Yew

lamken

183 posts

Posted by lamken > 2012-01-28 22:31 | Report Abuse

KimYapLau: Reliable source mean better then remiser.

lamken

183 posts

Posted by lamken > 2012-01-28 22:34 | Report Abuse

StephenLee: no joke. RM4 sound crazy but you can wait and see. my source tell me they have secure big increase in sale volume for next 2 yrs with all major customers. this is why so willing to spend CAPEX RM 300m over next 2 yr to expand and profit will grow every quarter for the next 18 month at least. Holland or not you can decide.

lamken

183 posts

Posted by lamken > 2012-01-28 22:40 | Report Abuse

MountKinabalu1: The loser and winner from the flood will be reveal when they all announce the quarterly result. Most JCY competitor will be making loss for long while, 3+ quarters. If holding notion or eng tek counter i will run now before Q1 result announce.

Kent Lee

211 posts

Posted by Kent Lee > 2012-01-28 22:55 | Report Abuse

let's buy JCY ... buckets & barrels ...

Posted by mountkinabalu1 > 2012-01-29 00:47 | Report Abuse

I appreciate your feedback Mr LamKen. It's just that, my Penang friend(banker) buying HUGE amount of Notion Vtec(+400,000) & JCY shares(300,000)! wanting to keep till end of Feb. MORE info please.

yewkhian

197 posts

Posted by yewkhian > 2012-01-29 01:44 | Report Abuse

Mountkinabalu1: no offend did ur fren show you his/her statment prove buy? if he show you of cos you can go in @ buy at own risk but we have to protect our hardcore money ya.

LamKen: thanks for your info, appreciate it! sure JCY coming 3 Q is damn good, other than that we hv to wait and see 1st. all i can say is hort term 3-6 months JCY will be good @ my chart show RM 1.5 ++ no problems.

Handsome : where a u? any lastest news on JCY and Happy New Year!

Posted by mountkinabalu1 > 2012-01-29 01:56 | Report Abuse

I Thank you once again Mr Yew. Ok, this monday(30/01) I'll key to buy JCY @ Rm1.24(4K) & Rm1.23(4K); I also will try to buy Notion Vtec @ Rm1.80~Rm1.82(5k). Wish me luck ya.

lamken

183 posts

Posted by lamken > 2012-01-29 02:02 | Report Abuse

MountKinabalu1: If you research about this industry and production process, you will understand why JCY competitors like notion are in big trouble and will be in trouble for a long time, maybe cannot even come back to market in time. you cannot clean up from flood for 2-3 month and continue production with same machines. This type of machinery cannot have any dust particle present and yet all the CNC machines under muddy flood water for weeks. All the CNC machine will be write off for sure. The insurance company will take few month to pay for the new machine and insurance company will only pay 50%
of the loss of the machines.Then it will take more then 3 month for the CNC machine supplier to build the new machines.
Then after the new CNC machines arrive, they have to go through a strict qualification process which will take a few more months.
by the time they can resume production, it will be about 12 months. most of the JCY competitor say they can start production again in feb, this is bullshet. Just watch the quarterly results for the next 3 quarters for JCY competitors like eng tek and notion to see if Iam right. eng tek and notion share price went up abit lately only because JCY announce profit guide and people think all HDD component maker will benefit like JCY but you cannot make money if you do not have CNC machine to produce component.Iam afraid you banker friend making big mistake with notion and will make bigger mistake if he throw JCY in feb.

Posted by mountkinabalu1 > 2012-01-29 02:11 | Report Abuse

Wow, you too sleep late ya. I will not buy Notion Vtec. Instead, I may buy more JCY. I'm sincerely THANKING YOU Mr Lam. Good night & Happy CNY.

life

58 posts

Posted by life > 2012-01-29 11:25 | Report Abuse

The reason yr banker fren brought in Notion, is becos he know it well that the Notion factory at Ayutthaya that effected by flood is only producing lenses for Nikon, NOT for HDD parts for WD/SG. It only effect less then 3% of Notion's revenue. With the same reason that JCY issuing Price Guidance on - Increased in average selling price of HDD (> 50-100%) and stronger USD, it shd be benefiting Notion as well. The announced in Nov one-off 3mil damage by flood shd be offset by higher selling price and the new revenue provided by the 3 newly acquired customers that announced last quarter.

yewkhian

197 posts

Posted by yewkhian > 2012-01-29 11:48 | Report Abuse

life, can you share with us where you get the notion info? i can't find it else where. thank you :)

kuance

58 posts

Posted by kuance > 2012-01-29 12:43 | Report Abuse

info from your own saying? lol

atom7nine

49 posts

Posted by atom7nine > 2012-01-29 14:06 | Report Abuse

Hi Guys. Bankers(Penang) are talking bout JCY going to take Notion private. Another pro-share trader says JCY only interested in buying Notion HDD Co.(quicker way to meet high demand). Notion will continue with Auto Parts, SLR(Nikon, Sony & Fujiflim) body & lens and precision components & tools design & build. I say we all buy more JCY & a bit Notion Vtec on weakness.

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