JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.425

Today's Change

+0.01 (2.41%)

Day's Change

0.41 - 0.425

Trading Volume

2,498,400


67 people like this.

20,122 comment(s). Last comment by Lightofheaven 1 hour ago

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 11:08 | Report Abuse

"Too Many Call Warrant is not good for Mother stock. Because more money go to CW. So who will push Mother? Big Player Alone? Buy sell own stock? Retailer sure greedy one buy CW! But more CW came more affect to mother share." 3 Aug.....

Posted by Fat Cat Tim Buddy > 2012-09-10 11:09 | Report Abuse

wow drop so much...

1688

35 posts

Posted by 1688 > 2012-09-10 11:11 | Report Abuse

fundamental....
I buy now and wait another 3 years for economy to turn good...
Already been waiting since ye 2008, they said after 2012 it will turn good.

Economy Status
US - NO problem
EU - No problem
China - No problem

Buy JCY with loan money...

I buy JCY-HA only...

1688

35 posts

Posted by 1688 > 2012-09-10 11:14 | Report Abuse

Even got forumer said, buy cw, dont buy, loss big...
Like we retailer are philantrophist, give money to CW issuers..
they buy the mom share and make the decision
They decide the price UP or Down..
We decide how much i want to donate..

Where is diablo88 ?

1688

35 posts

Posted by 1688 > 2012-09-10 11:17 | Report Abuse

JCY not just worth RM1.50, when flood last time, even can worth RM4.
Fundamental So good, if I am warrant buffet, i buy more..i got time to wait...even 20years...macam cock cola

Fundamental - take time to achieve, which criteria, along the way, criteria do change...competitor does change as well...

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 11:20 | Report Abuse

Thanks emo, logical! :)

will probably wait to see november. warrants up and flooding situation monitoring :)

nice to see datuk still jealous! BJCorp still down ka? 1 sens! LOL

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 11:22 | Report Abuse

1688, what is cock cola? but you are right, after the noises died down (including datuk leaving here) then the real value will come up. :)

i like your part about, just not the loan money! LOL

Economy Status
US - NO problem
EU - No problem
China - No problem

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 11:23 | Report Abuse

I miss Diablo88 too. Coz he/she very confident price will shoot from 1.50 because of many CW. So now i want to ask her/him (gambler). What's ur point now?

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 11:29 | Report Abuse

datuk, lose how much already? or sell already the shares? kah kah

Posted by Fat Cat Tim Buddy > 2012-09-10 11:30 | Report Abuse

1688, please dont mention RM4... look like have to wait for next quarter report, if the next quarter revenue can stay around 1st 1-3 quarter, and the profit margin at least 15% , buying in now still worthy comparing to the semi conductor sector peers PE, and of course, that is a big 'IF', so lets see...

and dont believe into those SSD , cloud will kill HDD bullshit, if it is dying, why all the competitor still come back?

1688

35 posts

Posted by 1688 > 2012-09-10 11:30 | Report Abuse

KC, are you Day trader, sometime Fundamental investor?

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 11:32 | Report Abuse

1688, i also dunno, sometimes i just ask myself use common sense only! :)

but i will buy in back this stock, rest assured! underlying fundamentals there. just won't hold too many stocks now as still exiting!

ymj1016

216 posts

Posted by ymj1016 > 2012-09-10 11:33 | Report Abuse

If you all still wanna stick with this counter, please by all means, do your own analysis, try to understand the logic of such price movements, i believe this company got potential and got fundamental (afterall, a not so good quarter can make RM 100m profit - where else you can find such profitable business) BUT the main problem is that the free float shares in the market are too little compared to the main shareholder, think twice, if you were the main SH, what and how would you do to make the most money from the share market..you know the answers pretty well, by 'playing us out'.

These ppl behind have 1001 ways to play us out anytime, JCY may worth RM 4 or whatever price you wanna name it, but the main shareholder cannot withdraw it via selling, he practically only have paper profits (put aside the dividends declared). So, the logic behind the story that he's gonna take it private fit perfectly (i'm not sure how true is this, but please do consider analyse from this point).

All this while we are all thought he will fight the IBs with us (at least there are some idiots like me will trust that). True enough, if this guy was so good and nice, he would probably will. But from the recent price movements, i have to forced myself to think from a different angle. I read their history and how they got this company listed. Things just be too perfect to be real.

So, choice is yours. I have done my part addressing this to all of you. I've decided to leave JCY once and for all.

Good Luck and happy trading everyone!

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 11:44 | Report Abuse

Fat Cat, the reports i posted in the links states HDD wont go out! in fact, when thailand was hit, it showed shortages even in a softening global market.

For JCY, a lot manipulation still going on, with rumours of privatising still going on. but i still see potential here. waiting a good price to enter again! my friend said now flooding is still a possibility after last week. I think that would be good for JCY sales. let's see how it plays out!

datuk

4,935 posts

Posted by datuk > 2012-09-10 11:44 | Report Abuse

KC....do thing with my position in BJ corp...still holding 1KK units with papaer loss rm30K...

i think it's pretty alright ....the misai also bot the share at my price ranges..for 700K units...

The company also bot back the share at thh average rm 1.03....as reported in the last qtr account.

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 11:44 | Report Abuse

you got misai or not datuk? hehehe

datuk

4,935 posts

Posted by datuk > 2012-09-10 11:47 | Report Abuse

I dun have the misai previously.....but got the misai since 20109 thank to the misai at bj corp ....i made rm3.29KK from this ctr as i bot at rm0.12 in 2007

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-09-10 12:02 | Report Abuse

If it goes down some more, that would give the chance to come in again. But only when it is going up. As usual, it will be "the poor man's shares" - warrants. JCY and warrants in general are dangerous. But if you are a trader, you need volatility... and the crucial need to come in at the right time (price doesn't really matter). Have to take risks. This is something one can't avoid so it then boils down to managing these risks. Like not over-extending oneself (e.g. too much on contra). Even buying physical gold doesn't mean one's capital is totally protected.

By the way, the general decline in many counters seem to confirm that BSKL is in a correction mode. Doesn't really matter what the developments in Europe or the US are. Some counters look attractive but might be even cheaper if we wait.

Posted by brutusbeefcake > 2012-09-10 12:04 | Report Abuse

i am still holding jcy-ha bought at 0.10 . hope more tumbling down for jcy.

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 12:05 | Report Abuse

true MC. I am waiting again. trader mode only last few days while exiting!

surewinL

96 posts

Posted by surewinL > 2012-09-10 12:19 | Report Abuse

so what is the tp to go in?

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 12:32 | Report Abuse

just in case people misconstrued that JCY is facing flooding problems, Saraburi is further north of BKK and was not affected by last years flood. It could look good for JCY if floods do come again this year (and looking like it) another 100mn revenue maybe?

https://www.dropbox.com/s/6opvc1zsdxhya9l/Sara%20Buri%20Thailand%20-%20Google%20Maps.png

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-09-10 12:48 | Report Abuse

surewinL, with a volatile counter like JCY, I don't really have a TP. It's the sentiment and momentum, which could be gauged in a simple manner by the tradings done and the volume, and the charts' readings. Then it's the "feel" - hope I can recognise it when it comes. Yeah, this is unscientific but then there's no foolproof way.

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 12:59 | Report Abuse

http://klse.i3investor.com/servlets/fdnews/213598.jsp

PC slump expected!

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-10 13:02 | Report Abuse

so today's slide in price is fundamentally based? :)

surewinL

96 posts

Posted by surewinL > 2012-09-10 13:34 | Report Abuse

So I will wait and c as currently my ave is 1.02. Hope to lower down for asily disposal. Lets pray for another big flood. Prays hard.

DUnkin

376 posts

Posted by DUnkin > 2012-09-10 14:57 | Report Abuse

something fishy...

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:02 | Report Abuse

Wow Jcy up or down, people still love it, like no other stock to play?

surewinL

96 posts

Posted by surewinL > 2012-09-10 15:04 | Report Abuse

Why fishy? dunkin

DUnkin

376 posts

Posted by DUnkin > 2012-09-10 15:04 | Report Abuse

suddenly whole 0.98 makan..then one second later throw at 0.975.

surewinL

96 posts

Posted by surewinL > 2012-09-10 15:06 | Report Abuse

Initial I tot it slowly climbing up. Worry some bir shark throw out and make it lower and lower again. So that they can pick up at cheaper cost.

DUnkin

376 posts

Posted by DUnkin > 2012-09-10 15:07 | Report Abuse

Dunno why they like to play with this counter so much.

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:11 | Report Abuse

Maybe some of them lose alot money here, and they still want to revenge back! Then kena tipu dengan shark lagi! This will never until ur money will get burn!

rookiemy

357 posts

Posted by rookiemy > 2012-09-10 15:11 | Report Abuse

I thought someone mentioned trend is friend! JCY's down trend not a friend? What a contradictory statement....

passerby

2,877 posts

Posted by passerby > 2012-09-10 15:16 | Report Abuse

Still putting so much hope in this counter warrants?

If you want to know how much the IBs have make from their SW issues, go & track the ANNOUNCEMENT PURSUANT TO PARAGRAPH 5.35(4) OF THE MAIN MARKET LISTING REQUIREMENTS, they need to disclose their market making on monthly basis.

CIMB :
August:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1057045
July:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1027213
June:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1000949
May:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/975213
April:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/942365

Maybank :
August:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1059281
July:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1030909
June:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1005853
May:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/978785
April:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/943377

Ambank:
August:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1058209
July:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1030553
June:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1003901
May:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/976457
April:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/941785

Kenanga:
August:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1057429
July:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1030261
June:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1002049
May:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/974081
April:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/940705

OSK:
August:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1055117
July:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1029797
June:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1003797
May:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/973641
April:http://www.bursamalaysia.com/market/listed-companies/structured-warrants/941621

From the above, you can estimate how much each of the IBs make by selling their issues. This can help you to verify how correct is the report by The Edge Malaysia dated 5th September 2012.

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:20 | Report Abuse

People fool by director! Do u know big player or pdt can short stock which retailer can't! They can earn even price down. so still thought they collecting low?

Posted by bursabulltrader > 2012-09-10 15:23 | Report Abuse

guys...jcy going for < 80cts... i'm waiting there...

rookiemy

357 posts

Posted by rookiemy > 2012-09-10 15:24 | Report Abuse

You can short as long as you have the stock on hand. who say retailer can't?

surewinL

96 posts

Posted by surewinL > 2012-09-10 15:24 | Report Abuse

If so, all lot of us will get burnt including myself.

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:25 | Report Abuse

Short mean u borrow not u hold and sell! If you got in hand means u go long! Short means sell 1st which dont have!

andy118

249 posts

Posted by andy118 > 2012-09-10 15:33 | Report Abuse

Thanks passerby.

rookiemy

357 posts

Posted by rookiemy > 2012-09-10 15:33 | Report Abuse

what you know is from textbook. Practically, I can borrow from myself and short. Later buy back at a much lower price.

1688

35 posts

Posted by 1688 > 2012-09-10 15:36 | Report Abuse

hi Rookiemy, would like to see how you do that?

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:38 | Report Abuse

To short u no need to hold! u borrow it from other investor or basically broker... U go play in US then u know! haha

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:40 | Report Abuse

If u borrow ur own stock then why need short? haha! Ur sentence not make sense, maybe u shld learn 5yrs more abt market! haha

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:42 | Report Abuse

His way is throw own money! Like make ownself rugi! so no need short in mrket like derivative or index! haha

rookiemy

357 posts

Posted by rookiemy > 2012-09-10 15:42 | Report Abuse

Posted by rookiemy > Sep 7, 2012 06:47 PM X

ymj1016: as things are happening very fast for jcy, you need a trading plan before you enter a trade. If you are trapped at a higher price, one way to lower your cost is dispose yours @1.02 and bought back around 0.92, you are effectively lowering your cost by 1k per lot.

rookiemy

357 posts

Posted by rookiemy > 2012-09-10 15:44 | Report Abuse

EmoTrader: Think man. You need to think hard. Real world is different from textbook.

andy118

249 posts

Posted by andy118 > 2012-09-10 15:45 | Report Abuse

Rookiemy, you can do that but usually is very limited as we do not hold that much as to move the price down.
What they mean by shortsell is to borrow from someone and then throw them forcing the price to come down thus making a hugh profit. If making losses the borrower will bear all the expenses and if profit they split between the borrower, lender and the middleman (IB usually)

OR what the licensed day traders (market marker) do. They are allowed to sell the shares first and then buy back in the same day. Our market is not matured enough to allow us retailers to shortsell.

EmoTrader

171 posts

Posted by EmoTrader > 2012-09-10 15:46 | Report Abuse

That is not short bro rookiemy, that means u cut loss 1st then u buy back at strong support! this way is mostly trader do, I am also. coz we don't know until how down price will down! Short is different from this strategy! this is still long, it just u cut loss and buy back later at lower and at support! but short is different thing! sorry for my bad word! but just for sharing! happy trading

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