Posted by teobl9 > 2012-07-19 09:25 | Report Abuse

Ya, I did collected 5 cts dividend for the last 2 qtrs beside the capital gained. I believed anualized dividend stands >5%. More to come!

Posted by chinchyuan > 2012-07-19 09:37 | Report Abuse

Ya. is time to collect. but not sure the price will still heading south?

Posted by Jjtrader > 2012-07-23 01:16 | Report Abuse

Few months ago Lamken predicted JCY share price will Be RM 4.00 in the month of August but now almost end of July JCY not even can stand above Rm1.50. Any comment ?

Posted by Mat Cendana > 2012-07-23 08:24 | Report Abuse

Although nothing is impossible, including and especially in the stock market, I'd say 4.00 looks too high to achieve in one month. JCY had a great previous quarter and the interest will be sustained if it can repeat this in the next report, which shouldn't be too far away.

However, the high interest could also work against it when it comes to price increases. Now this is a very popular counter, with many players including contra, of course. Whenever it reaches a certain price level, many will cash out; as has happened since the last upswing. But the good thing is that its support level has gotten higher. Anyway, if we are talking about August, in my opinion, a more realistic target might be 2.50.

Posted by zack_liza > 2012-07-23 10:34 | Report Abuse

normally, relative bet. FBM-kLCI and JCY..if KLCI UP,JCY DOWN AND IF JCY UP,KLCI DOWN..PLEASE REFER TECHNICAL CHART.. HOPEFULLY TODAY WILL REBOUND JCY..BUY BELOW RM1.50..TP RM1.80

Posted by Fat Cat Tim Buddy > 2012-07-23 11:07 | Report Abuse

jjtrader, lol lamken always telling ppl ' its still okay to buy ' when the price is at the peak, where the 7.9cent + 40% because of the new factory in china?

when some of the jcy warrant trade at 30 cent, thats means the mother share have to above 1.90 to be profitable, but he keep jabbering about how the company good future prospect.

He always giving optimistic, but when the price down, he going rage, scolding anyone that critic him, and of course the cw issuer.

The market is too big for cw issuer to manipulate, apart from consider the issuer, we really should look into the whole market, the sentiment of the crowd.

Swim with the tide, not against the tide, stock market is not a place to be vengeful , making money is all the matter.

Posted by Jjtrader > 2012-07-23 11:12 | Report Abuse

At last strong support at RM 1.44 is broken, We should see JCY's share price heading toward RM 1.30 +

Posted by Mat Cendana > 2012-07-23 12:05 | Report Abuse

Fat Cat: [Quote] "Swim with the tide, not against the tide, stock market is not a place to be vengeful , making money is all the matter." -- The last part of "making money is all that matters" - YES!! This is what we are here for.

I'm puzzled with some people here in that they let emotions and biased thinking affect their judgement. For instance, some would deride a company as "Umno or BN-connected" and for this alone, try to discourage others from buying. With MRCB, UEM Land etc. Having this attitude means one is denying himself the chance to MAKE MONEY. To me, it doesn't matter with who or what a counter is connected with - if there's the potential to make money, then I'll seriously consider it.

But I have one religion-connected rule though, and this one is principle-based - it must not be engaged in a business that is obviously against my religion (the gambling, alcohol counters especially). Other than these counters, everything else will be objectively evaluated.

Posted by Mat Cendana > 2012-07-23 12:06 | Report Abuse

The next support is at 1.38. Going to see how it goes at near this level and consider whether to buy.

Posted by usry > 2012-07-23 12:17 | Report Abuse

i wait for RM1.30+..

Posted by yus7888 > 2012-07-23 13:33 | Report Abuse

Bought at RM 1.42, dealed

Posted by ST > 2012-07-23 16:34 | Report Abuse

waiting for lower....coming south!!!

Posted by Mat Cendana > 2012-07-23 16:47 | Report Abuse

Although I had mentioned 1.38 earlier, I didn't expect it to come to near this price TODAY. Now I have to make a decision - come in or wait and see how it goes tomorrow.

Hang Seng went down sharply today and there's no way BSKL could ignore a drop this big. But the fact that most counters didn't fall as heavily says something about our own market... that it currently appears more resilient than most others. If there's a rebound in East Asia tomorrow, BSKL might recover today's losses.

Posted by alntm > 2012-07-23 16:53 | Report Abuse

call me a cynic but i think we will have a small vacumm in volume for most counters close to ihh listing..bit like fgv? so maybe another matter to consider..

Posted by teobl9 > 2012-07-23 17:00 | Report Abuse

buy now before to late!

Posted by Mat Cendana > 2012-07-23 17:11 | Report Abuse

alntm: I'd say that's a reasonable enough opinion. IHH does look attractive for investors looking for (seemingly) safe companies that offer promising dividends. Perhaps it is even better than plantations(?).

But the problems in Europe and the poor performance of Hong Kong etc. are also a factor. Today especially. Anyway, if the mood remains the same on Wednesday, IHH might be like SKPetro. This might be an opportunity for us to buy and wait:-)

Posted by alntm > 2012-07-23 17:37 | Report Abuse

mat will go along the same lines. and as for jcy, its getting hard to read at the moment, so will let this counter reveal itself..

Posted by Utopia > 2012-07-23 19:41 | Report Abuse

I followed lamken advise too.. Being confident and fight with those cowboys. But, I have learned thru this experience. Don't go against the tide if you are just a small fish, the shark can swim faster than u and eat u up anytime. Just swim with it XD. I won't blame him, cuz no one can predict the future. And I have applied this lesson and earn back my loses with KFIMA and FITTERS.

I'm waiting for the tide to flush me at 1.35 and 1.28. I believe this Counter is going to be more violate on the south side.
Raya season is near, everyone come out and cari Makan already.

Posted by Winny > 2012-07-24 18:27 | Report Abuse

1.38 was well supported n pushed up to 1.42 today,but some wekness was seen at 141/142,got profits shd take tmr,ptaking may come in at 144/145..

Posted by ymj1016 > 2012-07-26 09:42 | Report Abuse

http://in.reuters.com/article/2012/07/25/westerndigital-results-idINL4E8IP6YS20120725

Some positive news from WD. Seems they are targeting the enterprises this round. Just like what our Bro Lamken said earlier..

Posted by Steven Lee > 2012-07-26 15:50 | Report Abuse

longing for 3rd qty FR

Posted by Mat Cendana > 2012-07-26 19:31 | Report Abuse

1.38 looks to be a strong support. I think JCY is building up the price base again and should see an upswing soon. This is provided the European and US markets don't disturb sentiments too much.

Posted by Fat Cat Tim Buddy > 2012-07-26 19:49 | Report Abuse

unless there is another thai flood that affect the industries, if not.. jcy stock price will not be above the call warrant strike price.

many consolation to those stuck with warrant..

Posted by teobl9 > 2012-07-26 23:41 | Report Abuse

JCY main customer WD and Seagate share prices gapped up today 25 & 15 percenta

Posted by Steven Lee > 2012-07-26 23:59 | Report Abuse

Fat Cat: don't too fast come to the conclusion, let the result decide the share price.

Posted by ahyeo > 2012-07-27 08:54 | Report Abuse

WD & Seagate reported impressive results and analyst finally agree HDD is a profitable business. Will they look the same to JCY or is the price going to continue to be pressed down....

Posted by ymj1016 > 2012-07-27 09:15 | Report Abuse

Only time will tell. The way I see, the stories we heard are now making sense. Another article I read, the 3 main players in HDD are making their own stances to adapt to the current changing market.

WD : Venturing more on corporates, wireless networks and SMEs. Maintaining the ASP of HDD by maintaining the production volume.

Seagate: In interest to acquire a SSD making company. Trying to get a bite in SSD market, perhaps?

Toshiba: Developing more hybrid HDDs for more reliable and efficient HDDs.

As long as these 3 big boys keep the ball rolling, JCY will continue to benefit from it. There are more to come for sure!

Posted by teobl9 > 2012-07-27 14:53 | Report Abuse

Cowboys start to attack, go go go....!

Posted by Steven Lee > 2012-07-27 15:05 | Report Abuse

Good "Fryday"?

Posted by afar_filhaq > 2012-07-27 15:15 | Report Abuse

start moving?

Posted by teobl9 > 2012-07-27 15:21 | Report Abuse

Buy now before too late. Last qtr result should be as good as WD!

Posted by ahyeo > 2012-07-27 15:31 | Report Abuse

JCY may reach new heights like Seagate and WD

Posted by Fat Cat Tim Buddy > 2012-07-27 15:42 | Report Abuse

same tactic , pump and dump, who will buy 5000 lots in 1 transaction anyway? 500,000 * 1.45 = RM 725,000

Posted by teobl9 > 2012-07-27 15:52 | Report Abuse

FCTB don't worry, the share price is supported by good earning, so just follow the wave and surf on the surge!

Posted by Fat Cat Tim Buddy > 2012-07-27 15:59 | Report Abuse

i will not worry if i buy below 1.4, if follow the wave and buy high, sure surf with the wave to holland lo

Posted by ahyeo > 2012-07-27 16:59 | Report Abuse

Good finish today

Posted by hornetsjet > 2012-07-27 17:07 | Report Abuse

this counter react according to the global market instead of malaysia market!

Posted by EddieYip > 2012-07-27 18:50 | Report Abuse

as long as buy below 1.4. it is safe.

Posted by Jjtrader > 2012-07-27 18:50 | Report Abuse

Aiya ! Miss the boat again. Susah susah wait until it drop to Rm 1.38 and ready to collect at around Rm 1.33 but now shoot up pulak . How long more to wait until it drop back again ???

Posted by Fat Cat Tim Buddy > 2012-07-27 19:02 | Report Abuse

a couple of weeks after the 3 quarter report, thats the time to buy.

Posted by Jjtrader > 2012-07-27 19:21 | Report Abuse

Fat cat you mean the price will drop to Rm 1.30 + ? Why ?

Posted by usry > 2012-07-27 20:23 | Report Abuse

boringg....... almost 3 month of waiting..

Posted by Fat Cat Tim Buddy > 2012-07-27 21:13 | Report Abuse

jjtrader,why? based on the last 2 quarter report announcement, and the mass believe of ' buy on rumors , sell on news '.

now its the rumors time, if u feeling lucky, then buy some on monday to try it.

I believe today sudden surge is not the work of investment banks, it was probably some serious big time traders.

they buy on 1.45 and below, then slowly sell at 1.46 and above, and if the crowd sentiment keep rolling in, the price might be even higher.

but one thing for sure, it will going down sooner or later.

above is just my personal 1 cent opinion, i take no responsibility for any loss incur by anyone. :)

Posted by Jjtrader > 2012-07-28 00:06 | Report Abuse

Today JCY price advance is due to the buying call issue by HLIB. According to the analyst 1st TP is Rm1.50 and 2nd TP is Rm 1.63.

Posted by Fat Cat Tim Buddy > 2012-07-28 00:38 | Report Abuse

can u post the link here? thank you

Posted by Jjtrader > 2012-07-28 09:27 | Report Abuse

Refer to Market blogs - Headline HLIB Trader brief 27 July 2012 in i3 investor.

Posted by ahyeo > 2012-07-28 16:21 | Report Abuse

Poised for higher upside as technicals are bottoming up
JCY is expected to trend higher as its biggest customer, WD’s share prices rallied 21% in the wake of a robust 4Q12 results and delivered a positive FY2013 outlook. Meanwhile, its 2nd largest customer, Seagate share prices also soared 13% ahead of its 4Q12 results on 30 July.
Technically, JCY is grossly oversold and we see a good chance of technical rebound soon as daily technicals are on the mend. Immediate upside target is RM1.50 (mid Bollinger band). A breakout above RM1.50 will spur prices higher to RM1.60 and RM1.63 (upper Bollinger band). Cut loss below RM1.34.
Source: Hong Leong Investment Bank Research - 27 July 2012

Posted by Jjtrader > 2012-07-30 12:33 | Report Abuse

Wow ! Ganasnya, 1 minute before market closing suddenly 7000 lots appear want to buy at Rm 1.49.

Posted by ahyeo > 2012-08-01 10:59 | Report Abuse

So many different news... Confusing...(Reuters) - Seagate Technology Plc's shares fell as much as 8 percent on Tuesday, after the hard disk drive (HDD) maker projected first-quarter revenue below estimates on slowing sales of personal computers.

The company has been hit by slowing economic growth and shaky sales of PCs as consumers shift toward tablets and smartphones.

FBN Securities cut its price target on Seagate's stock to $32, saying selling prices had started to decline from their peak levels after the Thailand floods last year and inventory had started rising.

Seagate's weak outlook follows an upbeat fiscal 2013 forecast from rival Western Digital Corp, which is banking on strong sales to big businesses.

The company forecast first-quarter sales of about $4 billion, below analysts' estimates of $4.62 billion, according to Thomson Reuters I/B/E/S.

"Our checks continue to show caution from PC vendors while the industry is still going through major product transitions," Barclays Capital analyst Ben Reitzes said.

Reitzes, however, raised his price target on Seagate's stock, saying the company represents a good investment in the longer term as it has raised its dividend and has said it will buy back shares.

Shares of the company fell 8 percent to $27.90 in early trading on the Nasdaq on Tuesday. The stock has dropped 7 percent since touching a life high of $32.55 on May 1.

Posted by perdanamenteri > 2012-08-01 12:27 | Report Abuse

Any comments ladies and gentlemen? whats the new target price?