Hi, Jjtrader, I thought you gained from your day-trade yesterday. Did you buy again after that?

Thanks, KC Loh.

What is IB stand for? Thanks in advance.

Attractive growth stock with business credibility and Ezra as its strategic shareholder.

Both Notion Vtec and JCY have reported wonderful financial results on the same day. The drop are mainly due to big players take opportunity of current global markets. In near future, hopefully both Notion Vtec and JCY will outperform and reach the next high, based on current very attractive PER.

Today's trade volume is going to be very high.

Today is another day which still confirmed the same good trend.

Every time with new CW, JCY is going up that day.

With the new CW, tomorrow hopefully is still a good day for JCY to go up.

A very attractive option to MD.

PETALING JAYA: Perisai Petroleum Teknologi Bhd managing director Zainol Izzet Mohamed Ishak made a slick call by exercising his option to buy 66 million ordinary shares of the company at 48.5 sen per share, according to CIMB Research.

http://biz.thestar.com.my/news/story.asp?file=/2012/4/6/business/11059766

Estimated EPS for JCY in this financial year at RM0.21 obviously is low. JCY can achieve better performance. Research houses will always revise their TP from time to time. They have their ways of making money. They have more capital, first hand news and special team members.

Usri, as a friend and also same company owner, suggest you to read more on EPS and other related topics. When the coming quarterly performance result reached that achievement, TP for JCY will be higher than what you have mentioned.

May '12 is financial report month again. JCY will report performance about 1 month 1 week from now. Perhaps this share price going up during this period. Those financial houses with positive views on JCY should have position themselves nicely in last 2 months. Hopefully can grow together with all current JCY shareholders.

Call Warrants are issued when the bankers see growth opportunity of the mother share during the exercise period. OSK and AmBank will not just aiming for that RM0.15 or RM0.30 (2:1) from CWs. The profit margin will be much higher when JCY is appreciating. The bankers have a group of so-called expert employees to calculate the better way of making money, according to various market situations.

After that, they will keep on revise the target price to a higher level.

Research houses usually will give buy recommendation only after they had placed their position nicely, to gain maximum profits.

The Board of Directors of JCY wishes to inform that all resolutions as per the Notice of the 6th AGM dated 29 February 2012 were duly passed at the Company's 6th AGM held at Grand Paragon Hotel, D'Paragon 3, 18 Jalan Harimau, Taman Century, 80250, Johor Bahru, Johor, Malaysia on Thursday, 22 March 2012 at 10:30 a.m.

This announcement is dated 22 March 2012.

It will be a very easy job for JCY to surpass the Jan - Mar '11 financial result.

As long as JCY is performing well in current business, the mother share will doing well.

It is common that banks use to issue call warrants nowaday.


CIMB issues 8 Euro-style call warrants
Publish date: Thu, 22 Mar 11:12   |   

CIMB Bank Bhd has issued eight new European style non-collateralised cash-settled call warrants over ordinary
shares of Eastern and Oriental Bhd, Gamuda Bhd, IJM Corp Bhd, Kuala Lumpur Kepong Bhd, MISC Bhd, Multi-Purpose Holdings Bhd, Sime Darby Bhd and TIME dotCom Bhd.

"The structured warrants have tenures of twelve months and will be listed on Bursa Malaysia tomorrow, with an issue size of 50 million each," the bank said in a statement today.

Three out of the eight call warrants are over ordinary shares of Eastern and Oriental, Gamuda and IJM Corporation, priced at 15 sen each with exercise ratios of three, four and seven respectively.

It also has issued call warrants over ordinary shares of KLK Kepong and Sime Darby at 15 sen each with exercise ratios of twenty and eight respectively.

The three remaining call warrants, over ordinary shares of MISC,
Multi-Purpose Holdings and Time dotCom, are priced at 15 sen each with exercise ratios of five, four and one and one-half respectively. -- Bernama

Good start in early morning!

CIMB Research's predictions. Our FY12-14 profit forecasts are raised by a substantial 41-45% to factor in our upward revision of revenue and the positive operating leverage, CIMB said. It now expects JCY to make RM714.9 million, or 35 sen a share, in FY12. The firm, however, cautioned that investors would need to keep an eye on JCY's rivals. JCY had benefited from a shortage of HDD components in the market because production from rival factories in Thailand were affected by the floods last year. A recovery in production could come as early as the third quarter of this year. "A sharper-than-expected contraction in average selling price or drop in allocation by customers would hurt JCY's bottomline," CIMB said.It has a target price of RM2.22 for JCY, but maintained its trading buy call because of the uncertainties in the market.

http://thesun-epaper.com/fri/10022012/files/assets/seo/page12.html

OSK Review on JCY dated 09 Feb '12

JCY International (JCYH MK, TRADING BUY, FV: RM1.80, Last Price:
RM1.41). JCY's 1QFY12 results were stronger than expected, beating
ours and consensus forecasts while representing 43% and 70% of the
full year estimates respectively. This quarter alone saw core earnings
of RM162.5m (+515% q-o-q, +2063% y-o-y) marking its best quarter since
listing, mainly attributed to (i) the increase in ASP by 20%-50% (ii)
the appreciation of USD against MYR by 4.2% q-o-q (+1.2% y-o-y), (iii)
effective product mix concentrating on base plates and actuators
production which command higher margins and (iv) efficient cost
management. In sum, we revised our earnings forecast upwards by 21%
and 34% for FY12 and FY13 correspondingly while raising our FV to
RM1.80 based on an unchanged 8x FY12 PER.

Just bought 30,000 JCY shares at RM1.26, in view of its current attractive PER.