lohman oh lohman. You have not listen to my advice from the very start.
Just listen to this one piece of advice. sit patiently and wait for the funds to come back shortly. the price will be back above .70 in the short term for sure. Insiders like your MD friend are not going to be selling because they know the earnings will improve with each quarter now. If you are too scared you better sell it off now so I can collect more at cheaper prices.

Relax. The funds will be back after coming results is proven. Also about 250m of the 500m shares is already held by majority shareholders excluding the owner. so the real number of shares in circulation is about 250m.

the same way you said it would drop to .50 last friday but instead it closed 5% higher?

It's called research. You will be suprised what a layman can learn about a company by looking at its competitors. The consolidation happening in the industry right now is what is going to make jcy earnings more sustainable and profitable in the future. the shear size and scale that jcy has is going to make it harder and harder for its competitors to compete. This is already starting to reflect in some of its competitors financial statements.

Lohman, sit quitely and let the rebound continue with no more of your stories pls. There is only 1 person with reliable information in here and it's not you.

Quite obvious someone is suppressing the price for collection and has been since last Friday. The way it was sold down yesterday afternoon was even worst then the global sell down a few weeks ago and can only be intended to freighten market into selling. Faye information has always been reliable so I do not see a problem with coming q result. If seller is really worried about coming q result, why not slowly sell off over next 2 weeks before it is announced to maximize profit. The abrupt and spontaneous massive sell down especially before closing yesterday tells me the intention was to cause a quick severe price drop to cause panic leading into the traditional Fry day (today). Time to load up on more today.

Looking at volume and price movement, someone has been blocking price since Friday to accumulate.

faye will the coming quarter profit be more then 30m?

faye are you saying profit will increase again from next quarter?

In one year the earnings will be losses again and the share price will be below .40 . If the major share holder wanted to privatise, he would have done so back in 2011 when the price was below .41. Also if he see potential for good earning in the future, he will privatise it now already. But he has not which shows he has no faith in his own company because he knows the earnings will not be good in the future.

based on historical earning cycles there will be a few quarter of losses coming. only fools will buy into this counter now when the earnings just started to deterioate and sliding into losses again for next few quarters. easy to tell the ones that have been trapped on this forum.

Knee jerk reaction? If the worker unrest escalate further to other factories they maybe in trouble. The affected factory only "partially" resumed operations on Friday. This means issue not resolved yet. Hard to believe 800 worker go on strike for nearly one week but will have no impact.

This is not a semicon company. They do not make any electronic chip. They are a precision machining company making hdd component like base plate and actuator, nothing to do with semicon.

Company keep saying improving cost management since listing in 2010. You only have to read through all the Q result statement to see. Product demand is there but not stable, this is reflected in the big swings from a few quarter earnings to a few quarter losses. It's now entering the loss cycles now as seen in the 35% drop in earnings last Q. I will not be suprised if price is under .50 in 2 quarters.

The earnings for this counter have always been cyclical. Just have a look back since the company got listed in 2012. A few quarters of good earnings is ALWAYS followed by a few quarters of losses and the signal for the start of the cycle of losses is when
the earnings start to deterioate. The last quarter earnings dropped by 35% which is going to be the start of a few of cycle of losses again.But no need to argue, just wait for the next Q result to come out. Of course feel free to buy more on personal account in the mean time like Lohman who bought significant amount at .70-.71 and .73. and intend to be a very long term share holder
of JCY like his friend MD Tan and matakuda. But be prepared to hold 4+ years with a big loss at the end like ed wong because apparently holding for 2 years is not enough time for this gem. Aiya, now have to sell at .68 sen and below. why so fast one?

will go back into losses from next quarter. price heading to .50

Last Q 38m profit and this Q 25m profit. More then 35% drop in profit and price will be held up and climb? Will be lucky if it does not fall below .60 by next quarter. Confuscious say earnings reversal started and next quarter onwards will be losses.

The listing price and .90 was simply used to illustrate a point , the fact of the matter is his investment is currently still in a loss after 4 years . Since you want to be precise about it , the share price needs to go up by approx rm.49 or 68% from current price before he even breaks even. And since you want to get precise with me.

The total cost of his 6m shares at average rm 1.192= $7.152m
Current value of his investment= $ 4.29m
Current profit/ loss= $2.86m LOSS over 4 years. That is a 40% loss!

Even if the price goes back up to ipo price today and he made a profit of 2.5m, it only represents a 35%!profit on his investment of 7.152m which averages out over 4 years is approximately 11% a year. That's nothing spectacular.

Go ahead and sink your billions in, don't let me stop you.

that podcast and article is over 5 months old....and its the same story playing over and over since the flood. same shit different smell. The funds no longer buy this story and the fact that they admit they have to change public perception already says alot (in fact they have been trying to change public perception since listing in 2010). JCY has been coming like that in a 2-3 sen range for the last few months each time trapping more and more of the less informed....again same shit different smell. JCY has reached full capacity? what a joke! if you are going to try and con the public here at least be smarter about it. In Feb 2012 Q results it recorded a 162m profit (i take this as the peak of the production levels during the HDD global hdd shortage), in the last quarter it made 38m. full operational capacity? From your repeated comments about so called sinking millions into JCY, I can tell this is also bullshet to try and con more people to sink their hard earned money into this counter.

ED Wong has had the majority of the 4.5 million shares since it got listed in 2010. Congratulations on becoming a permanent long term (5 yrs+) share holder of JCY like ED Wong. Nearly all his shares were allocated to him at RM 1.60 (listing price) in 2010. The current share price will have to go up by .90+ just for him to break even. For him to make so called millions, the share price would have to reach RM3+.

Why stop at sinking miilions in...why not sink billions and or even triilions? what a joke.

resorting to personal attacks tells me you are now desperate and worried about
your investment. Let this layman do you the honour of explaining why you should be worried:

1. Your comparison of WD and seagate price rally to JCY is flawed. WD made USD $445million
profit in the last quarter and Seagate approximately USD $370 miilion. How much did JCY make
in the last quarter again? RM38m (USD $11 million approx). Does it still look like a laggard now?
Also, JCY do not produce hard disk drives, they produce 2 or 3 of the many other components that make up a disk drive. WD and Seagate assemble all these components together to actually produce the end product, ie hard drives.


2. JCY is a price taker and not a price maker. Since the thailand floods, the average
selling prices (asp) have fallen eating into their margins. In terms of the asp, when WD and seagate say sit, jcy must sit, when they say stand jcy must stand. Otherwise they can easily give all the orders to notion, Belton or MMI instead of JCY. The profits of WD and seagate look great each quarter because they have a noose around the asp for suppliers like JCY and that noose gets tighter each quarter to ensure their own profits keeps looking good.

3. The fact that you would use the MD Tan Shih Leng as a indicator to buy is laughable. Do you think the major shareholder is that stupid enough to let you profit first before he takes a piece
of the pie? If the current price is such a laggard and there is so much potential left, he would
have privatised it a long time ago. YOu will be following MD Tan Shih Leng over the cliff as a permenant long term share holder (ie trapped). He has the holding power to keep holding onto the 5.5m shares for a very long period of time, even if the price falls by over 50% in the next 12 months, it would have minimal effect on him. But the average investor does not have the same holding power or money as he does, and drops of 10% to 30% will be painful for these investors.


4. Funds no longer trust JCY and have no confidence in the company. You can keep
dreaming and enticing people with fund managers all all you like.

Let me leave you on this note. When you are awake at night worrying about your "significant" investment in JCY, remember the above points and grasp them well. After 21 August when the price starts falling again due to deteriorating profits, remember this confused layman's name and say it in your mind...SAGE, because he told you so despite misspelling one word.

Confuscious say wait for result announcement and see who is right.

Lohman you better buy more now before all the fund manager and md fall over themselves to buy before the next Q result is announced. Confuscious say price will fall further to below .60 on earnings reversal.

Better to watch the earnings pattern when next quarter result is announce in few weeks. If profit is less then last quarter, it will be start of earnings reversal into losses for a few quarters again. History keep repeating..few quarter profit followed by few quarter losses and this cycle keep repeating.

Not going to waste anymore time. The smart ones will understand. Those holding this counter are just waiting for the earnings to deteriorate and price to fall further most likely from next quarter or following quarter. You only need to look at its historical earnings since ipo listing date.

I will forgive your ignorance so let me try to make it clearer for you. Jcy makes MECHANICAL hard disk components like base plate and actuator head etc. Unisem and mpi make SEMICONDUCTOR components like electronic circuitry in electronic devices, ie actual circuit boards and chips etc. SSD is an example of a semiconductor chip. These are actual electronic components which jcy do not make.

Since when is jcy part of the semi conductor industry? What type of semi conductor devices and circuitry do they make? Confuscious say better do some homework and look up dictionary for semiconductor and then read the business back ground on jcy on this page (then compare to mpi and unisem) to avoid being the laughing stock (joker).

A blessing in disguise or another trap in disguise? Jcy is not the only one to move operations out of thailand since flood. Competitors not so stupid to have done nothing and wait for second flood. This is called risk management. Enough people got trap in this counter already, please don't trap anymore.

Confucius say when stranger give good advice, listen. Confucius now say price fully valued already and will keep going down. Confuscious also say dangerous to hold until Q3 because earnings unsustainable based on history. Profit will be less or loss in Q3.

2012 Q1=162m + Q2 = 163m = 325m = share price rm1+

2014 Q1= 30m + Q2=38m = 68m= share price rm.75
Impossible to go much higher then current price. Let's see if I will be proven wrong.

2q is 38m not 60m. If 60m the price will easily .80+ by now.

Is only exceptional case if the profit is exceptional. The profit is not exceptional especially already factor in the chine game console and IBM cloud expansion.

I sell all mine this morning already at .75. Too risky to hold until Q3. The china game console and IBM cloud expansion only result in 25% profit increase from Q1 to Q2 therefore I do not think the earnings will be sustainable into Q3.

I think that question will be answered tommorrow when market opens.

If price do not drop further from current level will good already. For me the q2 profit is ok but not good enough to push price any higher. It is not exceptional like I was expecting so risk of holding on until q3 is quite high. Have to watch price carefully from tommorrow and hope it doesn't fall.

If post 30m+ again will be good but I don't think will be good enough to make share price higher. The big rally in 2012 Thai flood period was triggered by exceptional profit where profit in q1 was about 160m and then another 150m in q2. Both these profit make the share price rally pass rm1.50 during 2012. This year the last Q1 was 30m, but this did not factor in china game console yet and the IBM cloud expansion. The coming Q2 profit will be very important because these 2 factor will start to factor into the profit. If profit does not at least double for q2 to 60m then the risk of going back into loss again is very high for Q3 because not much buffer for gradual decline in profits as the quarters progress if there is a reversal in the turnaround. My opinion only. You buy and sell at your own risk.

All depend now on Q2 result which base on history should be release about next week. If result only a few million more or less then last quarter then very hard for price to go higher. But if Q2 result is exceptional like double or triple last quarter then for sure there is a lot more upside.

One institution after another doing the same thing, knock down, block and accumulate and repeat each time price try to go higher. This is not a laggard stock, is a stock artificially held low by institutions for accumulation. The rally will come only they have finished which I guess will be just before Q2 result announce or right after.

Probably the most detailed and comprehensive I have seen.

That is a CIMB report.

https://cimbequityresearch.cimb.com/EFAOnTheWeb/EFAWebAPI/GetDocPDF.asp?DocGUID=58E6545D-A250-4E47-8908-ECF92948E93F&A=CIMB

RHB must have monkeys for analysts, can even make such a basic mistake on
technical report JCY and Tune. Even have a sell call on JCY since Nov 2013 with target price .45 yet the stock is trading above .75 today.

Wow. I just helped you prove your are not a conman and this is what I get back in return? Threats and curses? How about saying thank you sage? Although you seem abit worried now after accepting my statement. Again I sincerely hope you have not made up false stories or lies to speculate in this counter. All forumers listen up, flower power have proven he is not a con man. Hurry sell your house, golf clubs and koi and buy this counter quickly before too late.

Haha. Where is my agreed response to your proposal? You my friend have agreed to my original statement and have now locked yourself into it!! I do sincerely hope you have not created false stories or lies to speculate on this counter. That is all. Good bye

Flower power- I take your agreement as formally accepting to and agreeing to my original statement including the consequences of karma making you and your family suffer for the next 5 generations if you have made up stories or lies to speculate on this counter.

My intention is not to affect you, I don't care how you feel. All I care about is for you to prove you are not a con man by agreeing to the statement. Iam trying to help you here to prove you a genuine and not a con man.

Con man is actually not a name. It's actually a term in the dictionary used to describe a man who intentionally cheats, lies and deceives for personal gain. Something you have a chance to prove you are not by agreeing to the statement.

No wonder, they teach you not to play contra but did not teach you Not to be a con man. Why can't you agree to the statement? Is it because you are a con man do scared to agree?

Awe .. Con man wants to be a gentleman now. Very simple just accept the statement and you will prove you are a gentleman and not a conman.

Conman stop running and hiding from the question. Didn't your mama and papa teach you not to lie and cheat. You mama and papa will be very proud if you prove you are not a con man by accepting the statement. Again do you accept?

Your coffee must Taste very bitter with all the guilt from the lies, fake stories and cheating you have done here con man

Here is you chance to prove you are not a con man and you do not want to take it? Wow you are a con man but I already knew that.

Old diversion tactic again. Agree to the statement conman and you will have the glory to prove me wrong here.

And to those genuine investors, wait for the conman's acceptance and agreement to the statement before taking anymore advice.

1. Conman must accept statement to prove he is not a conman

2. Conman must accept statement to prove he has not made up stories and lies and cheated readers here.

3. If con man do not accept statement, he is surely a con man