Not only MacQuarie but all those that made announcements on vaccine development. Malaysia couldn't even produce a decent car without the technical support of foreign partners, don't you think it is a joke that Malaysia could produce vaccines with all those dubious China centric partners. All must be investigated & punished. It isn't different with insider trading as most Malaysians are gullible. BTW I'm not a victim of these "scams" or schemes.

Dave Jet I agree with you. However, the downtrend is in place. Whether it's 5.40 or 5.50 it's anybody's guesstimate.

Downtrend isn't obvious yet. When it closes@15.5 or lower today then it's waterfall.This is based on charts. Nothing more nothing less.

Kumpulan Powernet is poised to test the RM3.24 resistance level. With its RSI indicator pointing upwards, coupled with a bullish white candlestick pattern, we think that the bullish momentum will soon push towards the short-term target price of RM3.43 followed by RM3.63. In this case, the downside support is marked at RM2.98, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM3.24

Target: RM3.43, RM3.63 (time frame: 2-4 weeks)

Exit: RM2.98

JCY International is moving sideways to test the RM0.79 resistance level. With its RSI indicator pointing upwards, coupled with higher trading volume, we see that there is a possibility it will experience a technical breakout. If this happens, expect it to travel towards the short-term target prices of RM0.825 and RM0.875. The downside support is anticipated at RM0.72, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.79

Target: RM0.825, RM0.875 (time frame: 2-4 weeks)

Exit: RM0.72

It's sliding down after RM 1.53 However it may be a waterfall after losing support at RM 0.84

This isn't a vaccine stock. On the contrary it's a conman's stock.

This is the most challenging time for the entertainment, cruise business, travel, hospitality etc since WW2 ended.

No show today as contra players would be flushed out tmr. Then only show time would begin.

Even though Kenanga pegged its TP@1.35, then why JCY director is selling@0.8 approx? Is the director a fool? If I'm not wrong, these disposed shares were secured through ESOS@0.25 It's more than triple its cost.

BursaHodler RM 0.60 today? There is road block now.

Could anyone explain why it should have a run other than "goreng"?

Once support at 0.56 is broken, then it may slide further. I may be wrong based on charts.

What level is the low price? TQ

The buy call from a stock brokering company

JCY International jumped and touched the RM0.665 resistance level. With its 21-day moving average pointing upwards, coupled with a higher low candlestick pattern, we see that there is a possibility it will experience a technical breakout. If this happens, expect it to travel towards the short-term target prices of RM0.700 and RM0.735. The downside support is anticipated at RM0.635, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.665
Target: RM0.700, RM0.735 (time frame: 2-4 weeks)
Exit: RM0.635

Source: AmInvest Research - 19 Aug 2020

Why the successfully developed Covid-19 vaccines would be packaged in the substandard facilities in Malaysia while there is a large Swiss pharma Lonza that would be producing the vaccine in Tuas Singapore state of the art facilities? Lonza has an agreement with the Harvard spin-off Moderna to produce this vaccine should there be approval from US FDA. Lonza has multiple production facilities throughout the world including Singapore. How to compare Malaysian pharmas with MNC Lonza? Since demand is higher than supply, do you think Malaysia has any bargaining power in the purchase & supply of the vaccines?

SureWin1Woh Quote "Very much the modus operandi of CBL". May I know what is CBL? TQ

Good stock with good financials but now it's down trending. It would rebound. However the million dollar question is WHEN?

Logically this counter should be back to 0.30 This is bursa. It's not Casino Bursa.

This is based on charts. One never knows how smart money would play out.

I hope you are right that it would rebound to 0.9 next week. However based on TA it shows both JCY & Dufu are having sell signal. The last JCY buy signal appeared on July 6. It isn't 100% true. That is the guide for me.

If its closing price is below 0.655 today then downtrend may happen.

Only idiots believe the vaccine spin.

Wishful thinking.

Outrage in China over thousands of faulty vaccines for children. The vaccine if ever produced by this conman company would end up as a faulty vaccine.

Why this company stock price is battered down whereas all the rubbish mask making counters had bull runs? JCY has high entry barrier unlike mask making that needs only automated sewing machines whereas die casting requires high precision machinery that could be sourced from Japan & Germany. China couldn't produce decent die casting machines. One of my friends is running the Hitachi die casting machines for SEA. To be objective I'm having 0 shares in JCY currently. However, I'm studying this counter strictly based on TA. No entry signal so far.

Tonylim8805 Congratulations.

Only brain damaged would believe this makeup drama is credible. To develop a working vaccine a laboratory is needed and millions of USD is needed. Not USD 1 million. It's like claiming this company is going to produce for Hi-Silicon of Huawei the ARM based processors with 5 nm lithography without US technology. Better still these processors would be produced in Kulim where a foundry is located.

Very confused as a director bought whereas another director sold at RM 0.785

Isn't this a usual red Chinese rubbish? What was its highest price? Many Malaysians are fleeced.

Let me stress again the rubbish I'm talking about doesn't include JCY. While Nasdaq hit new high, has it got anything to do with Msian stocks other than those in EMS or part of the high tech supply chain. Msia can't even produce a decent car. Otherwise why Geely is Msia?

Almost all the Bursa rubbish are hitting new highs. What happens to the blue chips with solid assets? JCY isn't considered as a rubbish. However its valuation is a concern. Imagine what would happen if the bubble created by the rubbish bursts?

Batman_Return You target price is realized If JCY is producing high quality masks.

Not sold yesterday. It was announced yesterday. The sale was done last week. However the key man Dato Wong didn't sell yet. What happened?

U.S. Big Pharma Pfizer and German biotech partner BioNTech are looking to ramp up trials of vaccines against COVID-19 with a major scaled-up test plotted for the fall.

This is according to Pfizer’s CEO and chair Albert Bourla, talking to CNBC. Pfizer penned a deal with messenger RNA biotech BioNTech a few weeks back for them to work on a COVID-19 vaccine using new mRNA tech.

The partners currently have early clinical tests ongoing in Germany and the U.S., with the latter in around 360 participants, all across four vaccine candidates. Three of these candidates contain uridine-containing mRNA or nucleoside-modified mRNA, while a fourth vaccine candidate contains self-amplifying mRNA.
“We are collecting data as we speak in real time so we know, we are monitoring the safety of the doses,” with data on which vaccine variation stands out expected in June or July, Bourla said.

If one or two variations indicate success, the company will ramp up trials and then in September launch a major study with thousands of trial participants if a vaccine proves to be successful, he added.

“If things go well, and we feel that the product is safe and efficacious, and the FDA and EMA and other regulatory agencies feel the same, we will be able to deliver millions of doses in the October time frame,” Bourla said.
The plan is to produce hundreds of millions of doses of the vaccine by next year. The use of mRNA has not been approved in vaccines before but has been a front-runner in the race of more than 100 vaccine candidates to get to market.

Pfizer and BioNTech are racing rivals CureVac and Moderna to develop and manufacture, at scale, a COVID-19 vaccine derived from an mRNA platform. This week, Moderna nabbed an FDA fast-track tag for its vaccine candidate and is plotting a phase 3 test in the next three months.

This is among the worst performers in plantation sector despite its large land holdings in the world with majority matured holdings. I think it is the least efficient palm oil producer. Could someone explain why it is in the red for FYE 2019?

This is among the worst performers in plantation sector despite its large land holdings in the world with majority matured holdings. I think it is the least efficient palm oil producer. Could someone explain why it is in the red for FYE 2019?

Winning is not everything, beware the poisoned chalice and the pyrrhic victory — Ronnie Ooi MARCH 6 — This article argues that Pakatan Harapan should not table a motion of no confidence against Tan Sri Muhyiddin Yassin’s government (composed of Bersatu, Umno, PAS, GPS, MCA and MIC) at the next Parliamentary session. In the unlikely event that Harapan wins the vote of no confidence, either there will be a snap election, which is by far the most likely outcome, or Tun Dr Mahathir Mohamad will be appointed the 9th Prime Minister. Both outcomes are disastrous for the future of Harapan and the country. Now is the time for Harapan to deeply reflect on what went wrong, and why it went wrong, and not dream about getting back to power. The first step to the recovery of Harapan is clearly the removal of Dr Mahathir as leader of Harapan.

Poisoned chalice and pyrrhic victory are English expressions which Malaysians may not be familiar with. But they represent political events which should be taken into account in the current political situation. At first sight tabling a motion of no confidence is the obvious thing to do. What can be more important than to be in government?

But beware the poisoned chalice. A chalice is a magnificent drinking vessel used to drink a toast. In the Middle Ages it was famously used by a Catholic Pope to poison his rival. A poisoned chalice is something which seems at first to be very attractive but in time will cause failure or trouble. Becoming Prime Minister again after the victory of GE14 was a poisoned chalice for Dr Mahathir. What appeared to be a glittering opportunity to enhance his legacy to the nation turned into ashes, with his reputation destroyed.


With the Covid-19 pandemic anticipated to cause a world recession, factions jostling for position, and treacherous MPs, the job of Prime Minister has got even more difficult. Why not let Muhyiddin drink from the poisoned chalice of being Prime Minister and let him take the blame and anger of the people for the pain of a world recession?

In my view the vote of no confidence is unlikely to succeed because Dr Mahathir’s declared 114 supporters are not a solid band of people with similar ideology, objectives, and integrity. By the time the vote of no confidence can be tabled, some will have melted away. The Agong is right not to rely on the list which is very much in the nature of here today and gone to-morrow.

If Harapan is committed to a vote of no confidence, it is committed to retaining Dr Mahathir as leader, in order to benefit from the extra votes he brings to Harapan. In the unlikely event that the vote of no confidence succeeds, then it will only be a pyrrhic victory for Harapan. A pyrrhic victory is one where the cost or consequence of victory is so great that the victor is unable to benefit from it or be even ruined by it.

If the vote of no confidence succeeds, one of two things will happen: either the Agong will dissolve Parliament for a snap election, which is by far the most likely option, or appoint Dr Mahathir as the 9th Prime Minister. Both outcomes are far worse for the future of Harapan and those who want to see a New Malaysia than allowing Muhyiddin’s backdoor Perikatan government an opportunity to show us what they can do.

Snap election?

So before proceeding with a vote of no confidence, Harapan and its supporters must ask themselves how prepared they are to face a snap election?

The answer must be “completely unprepared”. The first question is: who is going to lead Pakatan? If it is Dr Mahathir, is Pakatan going to spin the same story of Dr Mahathir ruling for two years before passing on the baton to Datuk Seri Anwar Ibrahim? Having seen Dr Mahathir’s plots, lies and manoeuvres to deny Anwar the succession unravel before their eyes, nobody is going to believe this story anymore. Can Anwar ever trust Dr Mahathir again? If Anwar is going to lead Pakatan, the question will be how Anwar can control the country if he cannot control his own party?

For both men, there will be the suspicion amongst the Malays that it will be the DAP pulling the strings in a Harapan government. The public is fed up with the constant politicking and lost faith in Harapan. The non-Muslims may not vote Perikatan Nasional but they will certainly ask themselves why bother to vote at all? DAP will probably still gather votes as the protector of the non-Muslims against a Perikatan coalition but why would the Malays vote for Harapan?

How about the Harapan Manifesto for a snap election? https://www.malaymail.com/news/what-you-think/2020/03/06/winning-is-not-everything-beware-the-poisoned-chalice-and-the-pyrrhic-victo/1844052

Is Amanah Saham Bumi sitting on massive paper losses after picking up the rights issue? I think EPF was out long time ago.

UnicornP------When was the last declared dividend? Based on your projection, should it make RM 10 million for the 4th Q? Would there be dividend declared?

It's a buy now.

How to obtain BDI Charts etc? TQ

Realistically speaking is the current stock price logical with this type of earnings? Most of the time 4th Q earnings or EPS are about MYR 0.01 Now it is less than 30%. Let us see how the market would react tmr.