JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.455

Today's Change

+0.04 (9.64%)

Day's Change

0.41 - 0.46

Trading Volume

20,165,900


67 people like this.

20,128 comment(s). Last comment by FortuneBlooming 3 hours ago

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-25 22:34 | Report Abuse

tonylim, intraday comparison is quite a good method. i do use it myself. Thanks.

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-25 22:36 | Report Abuse

KNM is an interesting case. I think the owner is taking the investors for a ride, but it seems the investors there don't think so. So much so that a lot of people joining in the fray, both pro & cons. So, i am following closely just to see the outcome, not investment!

franksoweto

3,425 posts

Posted by franksoweto > 2012-08-25 23:46 | Report Abuse

hehe how dare you say I the great General taking you all ikan bilis for a ride??? You think it's easy to ride in my gravity defying process eqiuipments ah? You know how many tons those things ah? You know we have the best german technology before hitler even exist! you so smart you built one then we talk. I'm taking them all a ride to orbit and going to beat all the americans, russians and chinese space programs. I' will be the greatest and crush you all. wahahahah

Marcus Beh

2,483 posts

Posted by Marcus Beh > 2012-08-26 20:29 | Report Abuse

If can don't play contra.....!

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-08-26 20:35 | Report Abuse

@jacklintan - Just because it has the potential to go to 1.40 doesn't mean that it will. Even if it does get to that price, it won't be a straight line. For the moment, it is obviously on a downtrend and it is prudent not to go against this. Even when it looks "cheap". As we have seen with various counters, cheap often becomes cheaper.

All these new analyses by the various investments won't help sentiments either. By the way, it wasn't too long ago that they were praising it to the sky. I think I remember one analyst espousing JCY as "the best counter in the universe" or something to this effect. I'll try to find it and post the link here.

At the same time, don't totally discount it yet. Be cautious but also watch out for signs of a mild rebound. I'll be eyeing the warrants this time. Right now their premiums aren't too high as previously, so there is potential for some money here when there's an upswing momentum. Plus the potential to lose some money too, of course:-)

But whatever, it will be interesting to see how it fares next week. Remember the T+3 which KC Loh mentioned. There might be many lots from Wednesday and Thursday which traders had held on to, hoping for a rebound. But time is running out and their remisiers will do the selling on Monday and Tuesday if these aren't picked up. However, if the price generally holds, then this will be JCY's new support line for a base to form.

rossiah

68 posts

Posted by rossiah > 2012-08-26 21:30 | Report Abuse

i belive jcy can fly tomorow

Posted by Namoyaki Takarajima > 2012-08-26 22:51 | Report Abuse

JCY chapter has come to an end. Now is the NEXTNET chapter & few Warrants gain.

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-08-26 23:37 | Report Abuse

2/8/12 when NEXTNET was at 0.10, TA says "Sell". Guess what happened after that?:-) Ah, these `analysts' - if one follows them 100%, one would either lose money or forsake the chance to make it. Not that we should ignore their reports - please read them but make our own decisions. After all, it's OUR money.

franksoweto

3,425 posts

Posted by franksoweto > 2012-08-26 23:54 | Report Abuse

Analysts reports are always good because they HAVE the contacts with management BUT we will have to do our home work. Understand that they are PREDICTING The figures based on this and that and this is where we all have to ANALYSE ourself if the reports are true or not.We also have to understand the Happenings around a certain stocks whether it is investment worthy or just pure speculations. well I guess more readings then huh? hehe

jacklintan

1,722 posts

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

Morning everyone! Hope today will be better day to reap the harvest!

HarryChin

171 posts

Posted by HarryChin > 2012-08-27 09:25 | Report Abuse

JCY back to earth ady... lol

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-08-27 09:58 | Report Abuse

Today Maybank issue a sell call for JCY first target RM 1.01 and second target RM 0.66.

HarryChin

171 posts

Posted by HarryChin > 2012-08-27 10:04 | Report Abuse

still have single tier 3rd Interim 3sen

vaneyap

82 posts

Posted by vaneyap > 2012-08-27 10:04 | Report Abuse

so there will be another round discount....????/

jacklintan

1,722 posts

Posted by jacklintan > 2012-08-27 10:29 | Report Abuse

@Mat Cendana. Thanks for the infors. Will be more alert than before.

Right now, JCY support in between 1.15-1.16. The buy and sell volume are equivalent. I strongly believe, this week, will still be JCY bear run.

Posted by howardbach > 2012-08-27 14:43 | Report Abuse

http://www.theedgemalaysia.com/business-news/219171-beaten-jcy-recoups-losses-after-cimbs-trading-buy-call.html

Such an irresponsible report from CIMB to say " Trading Buy". It is absolutely rubbish from what I heard from a friend working in CIMB IB.

They are trying to build up buying volumes with their influence and absorb their "related parties" shares where they want to get rid of it..

Bloody IB.

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-27 14:50 | Report Abuse

ohhh... welcome home our prodigal howardbach! hahaha :)

yeah, i guess it was naughty of the IBs. They spread the rumours and now they are buying back. When they said it was accounting rigging for JCY, i knew at least where one of the culprit was! :)

JCY should climb back, albeit cautiously. Market fear very hard to remove after this! :)

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-27 15:37 | Report Abuse

just be a bit careful. i think Bangkok admin is ready, but the thing about force majeure cases is, you can never predict how bad it is! and how wily Thais are in claiming insurance!

http://www.thaivisa.com/forum/topic/579983-bangkok-prepares-for-possible-flood/

adam

2 posts

Posted by adam > 2012-08-27 17:03 | Report Abuse

Need to do own homework. Western D is one of the largest customer for JCY. What will happen to JCY in next few months?
http://www.malaysiakini.com/news/206566

Posted by howardbach > 2012-08-27 17:43 | Report Abuse

Electronics giant Western Digital earlier this month offered its staff in Malaysia a voluntary separation scheme, targeting to slash its employees by up to 20 percent or about 1,200 people.

Thanks, Adam.

What will happen to JCY, :(:(:(:(.....

Posted by howardbach > 2012-08-27 17:46 | Report Abuse

JCY slips due to uncertainties in Europe


Weakening of the hard disk drive (HDD) industry caused by the persistent uncertainties in the eurozone has caused JCY
International shares to extend its last week's loss, easing one sen to RM1.12 as at 4.30 pm today.

The share price fell sharply last week, with the price closing on Friday at RM1.13, down 21 per cent week-on-week, Kenanga Research said.

"Despite uncertainties in eurozone, the weaker performance is also caused by the slowdown in emerging markets (China and India), and weak consumer sentiments in the personal computer market," it said in a research note today.

In the case of HDD, there has been a compression of the average selling price after Thailand's floods as HDD vendors have slowly returned to their usual suppliers after the flood, Kenanga said.

"As such, the tide in the industry may have turned negative and JYC, being the leader in the local HDD sector, is likely to be the first to feel the adverse impact," it said in a research note today.

Kenanga said the situation may have prompted investors to move out from the stock as seen in the sharp fall last week.

petracot

179 posts

Posted by petracot > 2012-08-27 23:51 | Report Abuse

When we invest in a company, we are investing in the future of the company, not the past and not even the present. A low current PER can deteriorate rapidly in the following year; on the other hand, a high current PER can quickly turn around. It all depends on the future prospect of growth of the company. One must make a logical assessment of industry future before one makes a sensible investment decision. In today's internet age, news and data are plentiful and easily available. It is quiet easy to do some viability study for JCY.

Posted by PaulinaYong > 2012-08-27 23:57 | Report Abuse

Good Luck for those still HOLDING this Stock & who buy at UP.

HarryChin

171 posts

Posted by HarryChin > 2012-08-28 09:01 | Report Abuse

start at 1.110

adam

2 posts

Posted by adam > 2012-08-28 09:15 | Report Abuse

JCY is a subcon for WD and Seagate. If those giants have extra bread that they cannot finish, they will give to subcon to take the business.
Cannot just look at the current dividend and financial reports. That is the financial performance for the past quarter. Need to look at the company up-to-date production output, and the current semicon worldwide trend.
Never trust the report from IB. They are paid to write what their boss want.

Posted by Namoyaki Takarajima > 2012-08-28 09:55 | Report Abuse

Triple Code RED!

wokan

189 posts

Posted by wokan > 2012-08-28 10:04 | Report Abuse

bro Namo, care to explain?

Posted by Namoyaki Takarajima > 2012-08-28 10:10 | Report Abuse

Buy (RED), Sell (RED), Main Marker (RED) = Triple Code RED. Pending World Market (RED) for Quad Code RED: Buy at Dip. [Note: Applicable to Strong Cash-Position Traders. Hold for the next rebound)

wokan

189 posts

Posted by wokan > 2012-08-28 10:39 | Report Abuse

It's been Red for a while already...Hope it will rebound soon.

raviy2k13

93 posts

Posted by raviy2k13 > 2012-08-28 10:44 | Report Abuse

Drop further to $1.05 and rebound to $1.17 after 4.30pm today

limpek4896

822 posts

Posted by limpek4896 > 2012-08-28 11:00 | Report Abuse

wow,raviy2k13.u can be god

raviy2k13

93 posts

Posted by raviy2k13 > 2012-08-28 11:02 | Report Abuse

hopefully a saint would be sufficient :)

Posted by howardbach > 2012-08-28 11:05 | Report Abuse

Don't bull shit la.. bloody hell. Speculating. what 1.05? what 1.17?

Hey are you spy from CIMB?

Posted by Jay Johari > 2012-08-28 11:08 | Report Abuse

Gosh! Got spy also in stock market

passerby

2,877 posts

Posted by passerby > 2012-08-28 11:12 | Report Abuse

there is always the possibility ... the local book author is spotted here in this public forum as well...

daRRenL

44 posts

Posted by daRRenL > 2012-08-28 11:12 | Report Abuse

its bad to speculate the market raviy2k13.
you may harm people more than you help them.

limpek4896

822 posts

Posted by limpek4896 > 2012-08-28 11:17 | Report Abuse

TODAY IS T3.HARD GOING UP

Posted by Yeap Chun Fai > 2012-08-28 11:22 | Report Abuse

how to know today is t3???

jacklintan

1,722 posts

Posted by jacklintan > 2012-08-28 11:42 | Report Abuse

what is T3?

Posted by Namoyaki Takarajima > 2012-08-28 11:45 | Report Abuse

Terminator 3! Must Terminate Today! (Tomorrow still can depend on when is yr T-0)

Posted by howardbach > 2012-08-28 11:45 | Report Abuse

T3 means terminator 3, quoted by charlie adam, professor of finance of yale in year 1933. which means it's a completely destruction day for JCY, where sellers are going to be 300% higher than buyers at least. For who still owns the share, quickly dump it.

Posted by howardbach > 2012-08-28 11:46 | Report Abuse

Buy fundamental strong share like Kossan instead, don't put much attention in this kind of T3 counter, my friend.
Date Open Price Target Price Upside/Downside Price Call Source News
24/08/2012 3.29 4.53 +1.24 (37.69%) BUY OSK
24/08/2012 3.29 3.71 +0.42 (12.77%) BUY MIDF
24/08/2012 3.29 3.75 +0.46 (13.98%) BUY MAYBANK
24/08/2012 3.29 3.64 +0.35 (10.64%) HOLD KENANGA
24/08/2012 3.29 3.35 +0.06 (1.82%) HOLD HWANGDBS
24/08/2012 3.29 4.66 +1.37 (41.64%) BUY ECMLIBRA
24/08/2012 3.29 3.69 +0.40 (12.16%) BUY CIMB
24/08/2012 3.29 4.54 +1.25 (37.99%) BUY AMMB

Posted by Namoyaki Takarajima > 2012-08-28 11:47 | Report Abuse

"hear hear" howardbach

meegoreng

70 posts

Posted by meegoreng > 2012-08-28 11:53 | Report Abuse

T3 is simply tiu nia sing howardbach, tiu nia sing jacklintan & tiu nia ma OSK.

jacklintan

1,722 posts

Posted by jacklintan > 2012-08-28 11:53 | Report Abuse

MY GOD...JCY that bad?

jacklintan

1,722 posts

Posted by jacklintan > 2012-08-28 11:55 | Report Abuse

what is tiu nia sing meegoreng?

Posted by howardbach > 2012-08-28 11:55 | Report Abuse

Haizz Pity.. Is a JUNK share.. Like JUNK food, JUNK Bond..

Over valued shares.. Although balance sheet is healthy.

Posted by Namoyaki Takarajima > 2012-08-28 11:58 | Report Abuse

Bad for some people, Good for certain people. Affected for certain investors, opportunity for certain traders. Good for the RACER!

meegoreng

70 posts

Posted by meegoreng > 2012-08-28 11:59 | Report Abuse

easy jacklintan, go to ask your boss

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