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JCY INTERNATIONAL BERHAD JCY (5161)

0.525 -0.015 (-2.78 %)

High: 0.540     Low: 0.525     Vol: 1,275,700 Average Vol: 24,740

last updated: 1-Nov-2017 4:56 PM

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JCY [5161] - Considered here as the most favorable counter as they are the least affected by the flood, which had enabled them to gain a steep advantage over their opponent, ENG, not a x2 or x3 advantage, but might hit up to x4 or above since ENG need to come back from the destruction, which is hampering their production. With the latest action taken by JCY to approve the 300 million capital expenditure to bulk up further, I would see it as a critical wise decision into taking advantage of the whole market, and a step to penetrate deeper in the market. Consider JCY approving 300 million capital expenditure to meet the demand, I would personally think that this might not be a 1 year affair after all.
Bone's TP: RM1.40

http://bonescythe.blogspot.com/2012/01/hdd-in-limelight.html
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[JCY] JCY is undergone Head and shoulder

Please avoid this stock
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[JCY] Buy JCY now?

Is now the right time to buy?
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0.7
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[JCY] WHAT WRONG WITH THIS SHARE

DROP SHARPLY......WHY.....ANY ONE KNOW WHAT HAPPEND WITH IT???CAN BUY IT????
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It looks oversold, technical-wise. IMHO a combination of factors led to this 1) Dearth of good news on the share 2) Waning interest in this sector (same boat with Notion). Think there'll be a turnaround soon but needs to be accompanied by volume else it'll fail to break through. Anyhow, approach it at your own risk
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This share drop a lot, due to cancel order from Western Digital. Any lower price also dont buy. will drop with no limit.
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Interesting..that's insider news, or else it's a rumour. Can't find any such news from the Net.
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obviously owner cash out on ipo...its not a good share anyway with high valuation..
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As i same advice again, any lower price of JCY do not buy in.
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Well if they did, they have to file it in the announcement of change in shareholders. There is no such filing. So the owners still holding
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Agreed with PerseusH on the shareholder changes requiring KLSE filing. The stock is on a slide, because the 2 main customers of JCY i.e. WD and Seagate are not doing well, thus it's like to reduce in less HDD being manufactured in the short-term. Of course, the chain effect will also drag JCY (and Notion) in. Check out this insightful article for more info. http://tessathetrader.blogspot.com/2010/07/why-is-jcy-dropping-like-stone.html

When's the bottom going to be reached.. very hard to say.. need to analyse the charts and study its fundamentals
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Latest from the Edge: JCY plunges on labour protests
KUALA LUMPUR: JCY International Bhd's share price continued to plunge yesterday, falling 7.25% or 7 sen to 89.5 sen. This brings its losses over the last two weeks to a staggering 40% from around the RM1.50 level.
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one of the reason
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owner cash out is one of the reason
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I think the bottom is 75c. But then again, depends on the institutional (funds) selling...
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And it's up again, with high volume!
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i think is could be slump again, but not so soon.
tablets device coming out should be affected their business.
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forgive me my ignorance...what is tablets devive...it is a new technology...could lead a huge impact to JCY???when tis thing come out??
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In this context, tablet devices are referring to devices such as Apple's IPad. These devices make use of Solid-State Drives (SSDs), which is similar to in technology to USB Flash drives and has no moving/mechanical parts. Should SSDs become more & more popular (which it will, just a matter of time), then obviously the demand for mech drives will drop. Since JCY (and Notion) manufacture the parts for mech drives, this will potentially lower their demands as well. They must then diversify, or risk dying out.
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ssd
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manufacturing business usually very competitive. Margin small.

Solid state disk is becoming better. cheaper.
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[JCY] selling time or to keep it??

it is a good selling price fo tis stock
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