Rookimey:thanks for advice..

for me i wait for RM1.30 to test market..

wait first..confirm the trend than u can buy.. take more precautions for this stock.

unfortunately after this news come out JCY share tumble 10 cents tomorrow afternoon and continue slide until reach Rm1.33 on 25 May 2012..so this means this news is useless...

odelette: U also believe the story of 'cowboy Vs Red Indian'.. ? i sympathy to u... This time u hit your head coz your money is burnt but at the same time the producer of this film is busy to 'brain storm' for get the best idea how to continue this sequence of story and after this don't be surprise if we can watch the story of 'cow boys vs Predator' or 'Cow boys vs Iron man'..hehe

Currently I agree with what FCTB's comment above- there are 4 blue chip company are control and pressed the price down.So who is the RED INDIAN out there that have a big capital to fight with this 4 major company..? i think his comment make sense and relevant at this current situation. New record for JCY- coz it able to hit a 6th straight days of decline although other shares turn green after hit by a bad market sentiment last week.

Rookimey:Good idea and i agree with u but how about what was happened for last 5 trading days..? there are more supply in market although there are 2 appetizer to trigger a demand for this stock.. so how to explain that situation. From the demand theory,there are should be more buyers/demand when this company announce good earning report & declare 3 cents dividend. so how about this..? where the supply & demand theory here..?
this is just a discussion for wasting time during observe market..

we have Dr othman Yong and Dr Neoh Soon kean who are qualified doctorate and wrote a book about stock market. may be after 4 years from now i become one of them.. this is very interesting field as u all can be my variable & data..hahahaah

Snsee: PHD= permanent head damage but what we said are value.. that motivate me to continue..

rookiemy: what hoover i my head now is look like they (don't know either cowboy or red Indian or opportunist) are manipulating this stock to trap small players.. The reason i can say is coz last two month (in march) the bullet(share) was bought by their own company when JCY agree for a share buyback.
from my xperience- when a company perform a share buy back, the share price should be steady in the market & not crazy like before coz there are a reduction of share in market and the 'cowboys'(if u all want to say them cowboy) will short of bullets but from my observation from last 6 trading days (including today),look like they have a billions of bullet including C4 and atomic bomb and the game of month of February - march are repeated.
that make me to believe what Mr CP Teh wrote few month ago..
how ever we look and see.good chance for a case study.(and next year i think i will come out with a proposal to do PHD in this field)

Look like JCY now is over sold and today is a 6th day days of MEGA SALE..If the normal stock out there we will reach at a technical rebound at least 1 day but this counter look still continue their mega sale.. i'm query Where they get too many supply of share to press down the price..From this observation i should agree with what Mr CP Teh wrote few month ago- JCY look like a pump & dump stock.
how ever it give me a chance to learn the about technical analysis from our forummers here although i leave this battle early..

still have an evening session..for those who still no loose a hope - pray hard.. I you are lucky may be few ed Indian come with their arrow to shoot all cow boys down..

Bro Jjtrader: thanks for recommendation.will study and watch the show also..

wait & see.. look for next week..still have a time for us to enter..Happy holiday my friends..

no word to comment for this time.. look scary..

bomblikeme: i'm not a sifu like u coz i also visit your blog to find an info if i no idea or blank. I just wrote here coz i want to share with our forumers what my observation after i involves this stock since january till last Monday(21/5/2012). From my observation, look like the story of cowboys & red indian is not exist. if Red indian want to come and help us ,during JCY announce their 2nd quarter result that the best time for them to come and 'goreng'.(if we study other stock, the stock price usually 'up little bit' after they announce the good earning result,but what happen to our JCY?. That make me suspicious.
Start the day after they announce the good earning, their stock price down and never wake up until yesterday (day 4 of trading) although others stock that hit by bad market sentiments show a small rebound . From that observation i feel that this is a dangerous and to warn our forumer here to forget about 'cowboy story' and face the reality. my intention is to treat this stock as usual stock (same as other stock in KLSE)..
Than from my observation also, we notice that there are 3 major banks were issued CW and most of exercise price are around RM1.30 - RM1.50.. So for sure they don't want this share exceed than that level coz they don't want to pay CW holder when CW expired. So look like JCY need major and strong COWBOY to come and goreng.. Is anybody out there can beat the power of MAY BANK,AMMB and CIMB to mantain or push this stock price?
from those reason i think the cowboy's story not exist for this stock..
However,currently i still believe to the fundamental of this stock but from my reading a few articles that publish from newspaper, i think JCY unable to maintain their good earning for 3rd quarter.

Baramudi80:I think for 3rd Quarter,this JCY unable to increase their profit same as 2nd Quarter and i agree with u that their competitor are ready to continue their operation soon.(Yesterday-in The Star Business, i notice that ENG Tech will resume operation and expect to resume their operation by this year.)So this is a challenger to JCy to mantain their record and it will effect the fundamental of this company..

bomblikeme: My intention is just to warn our forumer's here that the story of cow boy is not real any more and stop to give hope coz by reading what our forumer's posting here i notice that most of us still hope for somebody to come and 'fried' this stock until it burnt..!!
For this time being I also should agree that this counter is a 'pump and dump' stock same as what was ritten by Mr CP Teh few month ago..

Baramundi80: u still believe the cow boy's story created by Mr Lamken..? i think this story is not real la, just for us to jump and for me to hold...(Lucky i bought during cheaper price,if not i also trap ith u all). the real story that i believe is only about higher Q2 report and 3 cents dividend.. and all were factored already in 3 days of trading session..(Friday,Monday and Tuesday).May be u all need to wait for another sequence of cowboy's story on September (before 3rd Quarter report announce).

it not mee goreng but all of us will be 'goreng. by the way i leave this battle last week and sold all mine yesterday..

agree with baramudi80. yesterday Star newspaper highlight about this. look like jcy unabl to mantain it growth and it eraning for Q3..

agree with Thunder_storm.. i also sold all my stock of JCY. will come back at a good time.

Auditts: I also don't know how to advice coz u need to study & do ur own research before u invest.

Bro Yuzuki: i also bought SMARTAG and keep till now.. but from the info, that counter have a good faith..but i not target too high like JCY..

Bro Horizone:1 word i would advice.. ''SELL..!!!

Bro Jjtrader: Wow..proud of u.. u re very rich.. i only small investor with limited capital. 1 day i wish to become like u..

bro baramudi80: thanks but feel sad coz i target this stock will fly to RM1.80 to RM2 by the way the promoted.. by the way thanks god i not burned..
will find a good time to reenter again..may be with the 'hit and run' technique..

bro rookimy: this not abut confident but for protection of capital. No use if i bought at RM1.20 last few month than keep for 2 month and suddently the price will go down at that level again.. better i sell first and reenter again at good price..

i also foolow bro Jjtraders.. disposed all my holding at RM1.42
still have a good faith with this counter's fundemental but for this time being i'm afraid that i will burn.

Bro Jjtrader: that i mention ysterday.Why they not press the price to the prefer price they want in one day..no need to throw 1 cent,2 cents per day.. very tired to follow..

That y i sold 3/4 of my holder last week. don't want to take high risk from this controversy stock.Just keep few for long term. and i think this stock price unable to go up and pass RM1.60 until all CW that issuence by Bankers expired.. when it try to up,than the banks will press down.. 1 Owner fight with 3 major bankers,how can he win..?

feel sympaty to u all but I told u all already ..The two (2) appetizer that Mr lamken mentioned was factored in the share price few days ago..Currently nothing to drive JCY to move up..only speculation..
Your friend that expert in TA was wrote that the JCY look scary (reffer to our Bro Nubhan posting above) and Ay Bank also revise JCY price from current level to RM1.30 and trigger a 'sell' call.. This means what..?

I agree with the appetizer that Mr Lamken mention. 1st appetizer is higher 2nd quarter result & 2nd appetizer is 3 cents dividend. Those two appetizer was factored in the price already. But this is only my assuming coz i don't know either JCY still have another appetizer are waiting.. anybody can clear it for me.. thanks

Shanting: I think the 1st and 2nd appetizer was shown and finished already.. Now JCY need to depend on market players until 3rd quarter result..

Bro Chong.. thanks for the info. it encourage me to buy few more and keep it as a 'safe fix deposit' and end of this year my investment grows nicely..

Shanting: that means JCY price will drop further until August.

Look like the discussion become more interesting.Anybody want to add a comment..

I think JCY game is not over yet but it need to be 'pause' until all CW are cleared. As long as CW few banker still not expired, the price of this share will press down by issuance banks. look like we need to wait until next year (after all CW are cleared) than we can see this share move up.. However this is my prediction. and i only keep few of this share just in case if it move up,i'm not regret.

this counter is low profile..will see & buy few tomorrow..

Bro NKN1: still have 4 month to clear your CW.. don't worry//

i just hold 1/4 from what i bought last few month.. now wait for the right time to enter.. but some times feel tired of waiting game like this.. why don't they press down to the lowest level that they prefer within 1 -2 days..no need to 'play2' like this..

sellers come again.. interesting battle..

1 lot = 1000 unit..

Horizon: Bro Lamken was done his great job already.So no need to pressure him any more.The news was came out and the market players were react accordingly.. For FA followers we not worry so much and willing to Wait for 3rd Quarter result on September. And for TA followers,this trend of price will sharpen their skill in prediction of Share price.. very nice counter to play..

RM1.38 is waiting.. can it hold this level.? last 2 week it touch RM1.37 than rebound again.. is this level will break this time..?

NKN1: Next time don't believe about external appetizer..
Now we wait for RM1.35 for second support.. last 2 week this support not break..

buy on rumors and sell on news.. may be it take 2-3 week for this counter to climb again.(same as 1st quarter report on March this year) how ever this is my opinion only.will monitor further.

agree with Handsome, may be he suggest ut not to keep JCY after 3rd quarter coz that time most of CA will xpired. For sure issuance bank will 'press' down mother share. so we should throw JCY as early as October/november.
(just my assuming)

Little Y: i also confuse..by the way i just hold few for next week.. Big guy or smart guy or Mr nice guy can't do anything if the market situation is no good..

We are ikan bilis.. they are shark.. they determine the price they want..

Jjtrader: don't fight with shark..we will loose & injured..