Posted by prime57 > 2012-08-23 20:34 | Report Abuse

could anyone can explain and review what will happen tomorrow?

Posted by yus7888 > 2012-08-23 20:49 | Report Abuse

Prime57: As a investor, the value of the stock is so attractive that almost provide high dividend yield, there is a buy for the price RM1.10, but if the people still throwing away JCY tomorrow that mean u have to grab more as it is more attractive. That is my own opinion

Any explain here mostly is just a guess, but very attractive dividend yield now with the price is the FACT

Posted by hornetsjet > 2012-08-23 20:58 | Report Abuse

looks like it will maintain around 1.2 after some adjustments.

Posted by MCWONG > 2012-08-23 21:11 | Report Abuse

good time to buy in.

Posted by MCWONG > 2012-08-23 21:14 | Report Abuse

good time buy in stock

Posted by prime57 > 2012-08-23 21:18 | Report Abuse

Yus7888: Ive a question.. should i keep holding JCY-CI? if im not mistaken the CW will due this December. i bought that day 0.21 x 50k... just bought JCY yesterday 1.35...

Posted by MCWONG > 2012-08-23 21:20 | Report Abuse

but maybe big shark at bhide. who know.

Posted by MCWONG > 2012-08-23 21:20 | Report Abuse

like cybert

Posted by Mat Cendana > 2012-08-23 21:37 | Report Abuse

Despite the sharp drop, JCY and Cybert are two different situations. With Cybert, there was absolutely no real reason for it to shoot up from 30-something or so sen to 2.00. It went up with a very shaky base and the drop wasn't really a surprise although the sharpness and swiftness of this were.

JCY's rise over the last few months was justified, especially with that brilliant quarter when it benefited from Thailand's floods. The TP of 2.00 was actually viable... if it could maintain the performance. But it couldn't. Its immediate price will be determined on how investors see its potential for the current quarter. Year-on-Year, JCY is doing better so far. However, the TP has to be changed. I think there will be a rebound - a mild one, until people figure it out.

Posted by franksoweto > 2012-08-23 21:42 | Report Abuse

hehe MAt is right lah this counter aint no cybert lah but today sure drop like cybert lah! lesson ( I cannot remember what no :) ) dun catch a falling knife.

Posted by prime57 > 2012-08-23 21:43 | Report Abuse

Mat cendana, if u dont mind would u answer my question

Posted by passerby > 2012-08-23 21:53 | Report Abuse

If I'm holding the CW - I'll start to de-leverage if there is any rebound / chance. It is not about making money with that profile, it is more on preserving capital.

No offense to JCY-CW investors - my personal opinion only & it can be wrong. Got no interest in tech related counters.

Posted by yus7888 > 2012-08-23 22:07 | Report Abuse

Prime57:

Just my friendly advice keep holding JCY-CI, u will not get any income by holding JCY-CI, it is just a paper issue by Investment Bank and most of the Investment Bank is TA player

A investor type like me, it is not a good step to buy JCY-CI as an investment.

If i m in your boat, i have no choice but buy more to average the JCY-CI price, since the atmosphere being PANIC

Posted by prime57 > 2012-08-23 22:13 | Report Abuse

yus7888:

thanks for your advice :)

Posted by dknycom > 2012-08-23 22:24 | Report Abuse

In my opinion, should selling some first to minimize losses.
Jcy is in downtrend this week and coming week.

Posted by klugman > 2012-08-23 22:32 | Report Abuse

Believe the sharp drop in price is the work of financial institutions that had issued call warrants .It is it their interest to keep JCY price depressed so that they can pocket the price premiums on maturity date.On fundamentals, no reason for such a low price. For three quarters already already earned 29 sens per share. Basing on PER of 5, price should be 1.45, and that is only based on 9 months earnings.

Posted by KC Loh > 2012-08-23 22:37 | Report Abuse

I like how you write that, Paul Klugman, economist extraordinaire! insightful and precise! Welcome aboard!

Posted by KC Loh > 2012-08-23 22:39 | Report Abuse

now to find the real Paul Krugman of Malaysia hehehe

Posted by sharonsee7 > 2012-08-23 22:45 | Report Abuse

I believed what klugman said and it create chain effect causing force selling on those using margin acct. When the force selling over, we will see the price gapping up!

Posted by sharonsee7 > 2012-08-23 22:51 | Report Abuse

JCY is seriously over sold today, RSI is barely 24. Technical rebound tomorrow?

Posted by yus7888 > 2012-08-23 22:52 | Report Abuse

It is a very good time to grab for more base on Fundamental

Posted by Steven Lee > 2012-08-23 22:58 | Report Abuse

sharonsee: although its oversold today, if there is technical rebound tomorrow, who enter today may profit taking rite ??

as atm, this counter is too risky to enter, who enter today will try to find PT as soon as possible.

my advise, those have this stock in their profile - hold it.
dont enter CW nor put warrant.

reason: CW's prices are too high while put warrant has no vol.

just my 2 cents.

Posted by rookiemy > 2012-08-23 23:19 | Report Abuse

Having browse thru JCY latest qtrly reports, JCY maintains almost the same revenue as last qtr. The lower profit was due mainly to a higher cost of sale incurred, of which labour cost hike was being stated as the main cause. I believe market will eventually come to realize this.

With its past 4 qtr results, @1.12 JCY is trading @PE of 5.
@PE 6, JCY should be trading @1.34. Just my simple calculation.

Posted by Gary Phang > 2012-08-23 23:28 | Report Abuse

i buy at rm1.21 .sell or hold ..no idea .any one can help me
pening kepala

Posted by Mat Cendana > 2012-08-23 23:29 | Report Abuse

prime57 - That's tough to answer and it's also dangerous to give opinions which people might act on... unless if it turn out to be correct:-) Only time will tell with this one. So, remember - this is just my opinion, and I've been wrong so many times before.

If it's of any comfort, I'm actually eyeing the warrants, including CI. I have to check in The Edge tomorrow about its present premium (or discount). One good thing about it is the strike price of 1.25 which isn't that far away. If there's a rebound, that will be easily reached.

But the minus are: 1) expires 17/12/12, which is less than 4 months away. 2) Mother share is in a downtrend 3) Possibility of mother and warrants going down further

Your buy price at 0.21 - perhaps it's a bit late to cut loss. In that case, you will have to try and make the best out of the situation. Sell now and you *will* make a significant loss. But the worst is *probably* over - even if it slides further, it will not be like the panic we have seen today. So, if you hold on, and if there's a rebound, the loss will be significantly less. Consider averaging down by buying at the lower price. BUT - and I emphasise this - do this only when it is going up. If not, you will end up with TWO buys with losses (instead of just one).

This is just my opinion, given in good faith.

Posted by Jjtrader > 2012-08-23 23:50 | Report Abuse

Today Maybank recommend to sell JCY. In the report it said that JCY made a major wave 5 high at RM 1.65 (on 3 May 2012) with grossly overbought and bearish divergent signals. Due to all its negative chart signals, the indicators are pointing firmly to a move towards its support and downside target areas in the short term. Downside target RM 1.07.

Posted by Mat Cendana > 2012-08-23 23:56 | Report Abuse

@rookiemy - Your analysis makes sense. I think JCY is grossly oversold and a rebound, regardless of whether it is mild or better - looks more likely than it sliding down much further. Don't forget that the last quarter didn't report a loss but actually profits. It's just that it wasn't as good as the previous one. Remember, too, that it's a vast improvement of the y-o-y quarter which was a loss. It's possible the next quarter might report even lower profits. But financial year-wise, its balance sheet will still be in the plus.

As for its operations, I'm sure management is already taking steps to ensure that its lines and workforce are efficiently used, taking into account the projected lower demand for HDD parts. I don't think that it will be lower than 1.00... unless if major shareholders dump their shares.

At this level, JCY is worth the risk and I think 1.40 is achievable although I might have to wait until the end of the year or a bit later. Too bad I didn't come in at Namoyaki's price of 1.08. But at least I have the option of first seeing what happens tomorrow:-)

Posted by smoking > 2012-08-24 00:09 | Report Abuse

I hope it just a case of someone wants to get rid JCY asap from his portfolio at any price. and hope other shark collect and push it to normal price again.

Anyway, what happen today to JCY is really unusual. I never expect this kind of thing will happen

Posted by KC Loh > 2012-08-24 00:15 | Report Abuse

its institutional play la. that sort of volume! not getting rid of JCY from portfolio! already said seen this sort in penny stocks especially. klugman made sense, if there is a call warrant!

Posted by Steven Lee > 2012-08-24 00:17 | Report Abuse

Mat Cendana : price premium? are you looking for this? hope i can help ...
http://www.facebook.com/photo.php?fbid=4121801977554&set=o.208141459275334&type=1&theater

Posted by Mat Cendana > 2012-08-24 00:26 | Report Abuse

This message comes out: "This content is currently unavailable":-(

Posted by Earth > 2012-08-24 00:52 | Report Abuse

I'm a newbie caught with 50,000 jcy shares at 1.29, should I sell at tmr opening price to cut loss? Need some adv....

Posted by mavasuppiah > 2012-08-24 04:39 | Report Abuse

any good news? why jcy water fall?

Posted by HarryChin > 2012-08-24 08:22 | Report Abuse

give some time to recover.

Posted by Steven Lee > 2012-08-24 08:26 | Report Abuse

http://a3.sphotos.ak.fbcdn.net/hphotos-ak-snc7/422334_4121801977554_95425517_n.jpg

Posted by Mat Cendana > 2012-08-24 08:49 | Report Abuse

Steven: Thanks very much. This very information in one screen has helped a lot. Usually, I'd be with a calculator with all those dreary ratios and whatnots.

Posted by Steven Lee > 2012-08-24 09:05 | Report Abuse

pls bear in mind that the prices is based on yesterday afternoon.

Posted by Ngai Chee Weng > 2012-08-24 09:15 | Report Abuse

steven, so JCY-HA is the best to buy?

Posted by Ngai Chee Weng > 2012-08-24 09:17 | Report Abuse

wow, earth, that is about RM64k

Posted by ponton > 2012-08-24 09:29 | Report Abuse

my first entry was 1.33, when is best price for 2nd entry?

Posted by Steven Lee > 2012-08-24 09:29 | Report Abuse

my advise is : stay away from all warrant now

Posted by fzank > 2012-08-24 09:32 | Report Abuse

JCY = UNISEM = SAME PRICE = DIRE STRAITS = MONEY FOR NOTHING = CHICKS FOR FREE

Posted by Jjtrader > 2012-08-24 09:33 | Report Abuse

Will JCY go below RM 1.00 today ?

Posted by fzank > 2012-08-24 09:33 | Report Abuse

PENNY STOCK HERE WE COME

Posted by Namoyaki Takarajima > 2012-08-24 09:33 | Report Abuse

RM1....1..Malaysia...1...Malaysia

Posted by DUnkin Lau > 2012-08-24 09:35 | Report Abuse

sell all my share dy. burn. switch to other counter

Posted by vaneyap > 2012-08-24 09:36 | Report Abuse

Cheaper than MAS...

Posted by Namoyaki Takarajima > 2012-08-24 09:37 | Report Abuse

YTD Lowest RM1.07. Relax, US,UE down. RED

Posted by Jjtrader > 2012-08-24 09:38 | Report Abuse

Where is the super rich guy whose will buy all the free float shares from market ? May be this is the golden opportunity. What if Lamken never dispose all his shares, now he may loss his pant also.

Posted by fzank > 2012-08-24 09:40 | Report Abuse

IN ONE DAY TRADING SOME LOST MORE THAN TENS & TENS OVER K, MANY CONTRA LOSSES, IBs LAUGHING ALL THE WAY TO BANKS