JAYCORP BHD

KLSE (MYR): JAYCORP (7152)

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Last Price

0.68

Today's Change

-0.005 (0.73%)

Day's Change

0.68 - 0.69

Trading Volume

52,800


8 people like this.

1,230 comment(s). Last comment by DividendVen 2023-12-27 11:59

Posted by shortinvestor77 > 2018-03-23 19:32 | Report Abuse

How to improve further?

john doe

749 posts

Posted by john doe > 2018-03-23 20:22 | Report Abuse

Huge bomb!!!

shuyin

74 posts

Posted by shuyin > 2018-03-23 21:52 | Report Abuse

wow... big bomb, renewable energy plant shutdown due to upgrade, rising rubberwood cost and ringgit strengthening killed the result. Am curious though, with the sudden reduction in interest with kiln dried wood in Indonesia

WH Lim

20 posts

Posted by WH Lim > 2018-03-24 09:52 | Report Abuse

will drop further

limch

3,262 posts

Posted by limch > 2018-03-24 10:05 | Report Abuse

USD ctrs play over. Better find weak USD beneficiaries instead eg Media ctrs or those borrow a lot in USD eg FGV, Parkson, etc.

newbie911

1,111 posts

Posted by newbie911 > 2018-03-24 19:16 | Report Abuse

Should hold or cut loss? Sad !!!

Posted by shortinvestor77 > 2018-03-24 23:45 | Report Abuse

JayCorp has a healthy balance sheet and a net cash company. We have seen first Pacific-Mudajaya-JEC partner emerged as a bidder for this big government project, MRT3. Most likely JEC-Mudajaya will successfully bid for Sabah Borneo Highway Project before GE 14. And also get some PR1MA projects. These will contribute positively to JayCorp income. So, try to hold if you can.

Posted by shortinvestor77 > 2018-03-24 23:54 | Report Abuse

Many points mentioned by Chairman were fully (including hedging, bid actively for construction projects) fulfilled except high demand of furniture from China and US (The Group’s furniture segment is expected to benefit from China’s high demand for imported wooden furniture and reconstruction efforts following recent natural disasters in the USA.) . Perhaps it needs one more quarter to see it happens.

Posted by shortinvestor77 > 2018-03-24 23:55 | Report Abuse

If you have no confident, better cut loss.

Posted by Amit Khindriya > 2018-03-25 14:17 | Report Abuse

Mudajaya or mudagagal- it is a scandal tainted company

somchik

1,238 posts

Posted by somchik > 2018-03-25 22:20 | Report Abuse

Just dump it , forget it , crucial conserve capital . Get the cash and into better bargain share with good future earning prospect and solid FA. TA downtrending .. clear position.. if love this co .. get back in at much lower price .. kikiki happy trading .. risks all yours. yours.

Beza

1,847 posts

Posted by Beza > 2018-03-26 08:39 | Report Abuse

Trade at our risk. We are investing (long term, 3-5 years), not trading. After all it is illiquid here. Not much volume everyday. Only special event, got high volume. Amit is too pessimistic while somchik talks cock (he is new in trading/investment).

Beza

1,847 posts

Posted by Beza > 2018-03-26 08:42 | Report Abuse

See only 78 lots wanted to buy at 8.42am!

Beza

1,847 posts

Posted by Beza > 2018-03-26 08:47 | Report Abuse

Be confident be your investment.

Beza

1,847 posts

Posted by Beza > 2018-03-26 08:54 | Report Abuse

Positive points of JakCorp:
1) Fully hedging forex (Hevea 70% while others no hedging)
2) Renewable energy business will contribute more profit after the overhaul for 2.5 months last Q)
3) Cartoon Boxes business is growing to make more profit.
4) Construction business is positive. Waiting for big tender results for Pan-Borneo Highway Project and PR1MA. MRT3 project bid result is still unpublished officially)

Beza

1,847 posts

Posted by Beza > 2018-03-26 09:00 | Report Abuse

Negative points:
1) No more news about demand from China and US. Furniture business is a bit lesser.
2) Kin-Drying business is incurring a loss --- Not managed well and due to high material cost.

shuyin

74 posts

Posted by shuyin > 2018-03-26 09:01 | Report Abuse

well, it finally went back into penny stock status

Flintstones

1,762 posts

Posted by Flintstones > 2018-03-26 09:21 | Report Abuse

Another hairy teo holland stock

john doe

749 posts

Posted by john doe > 2018-03-26 09:22 | Report Abuse

Panic selling is normal and a must nowadays especially bad Q result... Some with even good Q result also cannot go up and faced selling too... Retail investors are jumping from 1 ship to another blindly. The more they want to gain fast money, the more they are going to lose even from the transaction fees alone...

john doe

749 posts

Posted by john doe > 2018-03-26 10:35 | Report Abuse

Trading volume 595,200 at 10.34am as compared to Avg Volume (4 weeks) of 53,965... It is so meriah and happening...

shpg22

2,984 posts

Posted by shpg22 > 2018-03-26 10:41 | Report Abuse

Omg...so many positive points, yet almost limit down

loonginv

852 posts

Posted by loonginv > 2018-03-26 10:44 | Report Abuse

Will it be like AA last Friday, last minute rebound up up up

king36

1,022 posts

Posted by king36 > 2018-03-26 10:51 | Report Abuse

Bad QTR lah...

john doe

749 posts

Posted by john doe > 2018-03-26 11:30 | Report Abuse

10% - 15% drop is reasonable. More than 20% is definitely panic selling unless there is change in fundamental or expected impact on profits for subsequent quarters. For Jaycorp, this Q is more of a 1 time correction.

Imemyself

40 posts

Posted by Imemyself > 2018-03-26 12:42 | Report Abuse

Any reasons for it to drop to 0.700 besides market crash.?

Jona0724

812 posts

Posted by Jona0724 > 2018-03-26 12:57 | Report Abuse

disaster QR, profit earning less sharply. but good news still profit making and can holding for long period. the furniture market profit still at low tide. price drop speed like evergreen, but share price evergreen was stable. Jaycorp still need one to two week time to stable the share price.

shuyin

74 posts

Posted by shuyin > 2018-03-26 12:57 | Report Abuse

shit qtr result. Havent you seen it?

Posted by Sebastian Sted Power > 2018-03-26 16:16 | Report Abuse

another ULICORP in the making. Downtrend will be continue~ing

reiki6

229 posts

Posted by reiki6 > 2018-03-26 16:58 | Report Abuse

can buy?

shpg22

2,984 posts

Posted by shpg22 > 2018-03-26 22:23 | Report Abuse

u buy and see. let me know after 1 month.

OPMS

1,183 posts

Posted by OPMS > 2018-03-26 22:26 | Report Abuse

huargghh wut happen?

somchik

1,238 posts

Posted by somchik > 2018-03-29 13:40 | Report Abuse

TA downtrending .. anytime price improve beyond 97 is time to dump it a lot more cos ..all those 2.5 millions bought last 4 trading will also trying to lock profit(sell).. good luck till the nx qter report, happy trading kikiki.. risk all yours

reiki6

229 posts

Posted by reiki6 > 2018-03-29 16:41 | Report Abuse

slowly heading to holland land...welcome!

shpg22

2,984 posts

Posted by shpg22 > 2018-03-29 17:16 | Report Abuse

run...and don't look back for another year.

LimKT

482 posts

Posted by LimKT > 2018-03-29 17:30 | Report Abuse

Unexpected.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-03-29 17:55 | Report Abuse

yes , cant expected become like this

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-03-29 17:56 | Report Abuse

looks like patrick got more confident in this

Posted by FlowerhornKing66 > 2018-03-31 22:34 |

Post removed.Why?

pang72

51,533 posts

Posted by pang72 > 2018-03-31 22:38 | Report Abuse

A lot of bomb recently...

Patrick13

1,971 posts

Posted by Patrick13 > 2018-04-02 13:09 | Report Abuse

Will be delighted if Jaycorp can win any package for Sabah Pan Borneo Highway, although the possibility is very low.

http://www.theedgemarkets.com/article/pan-borneo-highway-job-awards-out-soon

limlw

85 posts

Posted by limlw > 2018-04-04 16:40 | Report Abuse

boss supported the price, other counter drop dao

john doe

749 posts

Posted by john doe > 2018-04-04 17:35 | Report Abuse

Wow, Jaycorp managed to stand while others dropped like HELL.. haha

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-04 17:52 | Report Abuse

Let's wait for that

Posted by ekchoong88 > 2018-04-05 14:50 | Report Abuse

the recycle will generate more revenue and profit next quarter

LimKT

482 posts

Posted by LimKT > 2018-04-05 15:07 | Report Abuse

Useless

john doe

749 posts

Posted by john doe > 2018-04-06 07:36 | Report Abuse

Yesterday volume 576,600... Company bought back 200,000. Avg Volume (4 weeks) is 251,915. RM1.00-1.10 is the fair price.

Imemyself

40 posts

Posted by Imemyself > 2018-04-06 12:03 | Report Abuse

Jaycorp has cash to buy back more shares.

john doe

749 posts

Posted by john doe > 2018-04-11 12:15 | Report Abuse

More construction projects coming in Sabah and Sarawak

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-11 17:04 | Report Abuse

Dwon!Down!

Beza

1,847 posts

Posted by Beza > 2018-04-12 17:04 | Report Abuse

Up! Up!

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