i believe should be bonus issuance....collection has been done last few weeks ..it form a higher low now... holding the support line... once the final annual report out, do expect bonus share distribution since they made a handsome profit this year
Despite potential of so called "Profit Margin Reduction Due to Factory in Thailand resume back production as usual" , I think we should focus more on their customer's performance. E.g Western Digital
Its CF warrant is my favourite but I don't dare to buy its CWs anymore. The exercise prices are now some way off and I have doubts as to whether we can strike within the time remaining. It might be better to buy the mother which I feel has undergone enough correction.
But that doesn't mean you can't make money with the CWs. After all, it's just a question of momentum created by excitement (and greed). CF at 0.015 - should the mother see a 3 sen rise in a trading session, the CF will easily go to 0.02. If sustained the following day, to 0.03 - that's a 100% gain. But will it reach the ex price of 1.22 on 28/2/13 from its current 0.785... a 44 sen rise? Not impossible but very tough.
Mat, y worry so much of CF. Since we all know the CW r for goreng, is purely up to every to justify their risk n rewards.
To me, buy mother is only more safer as its may entire for next coming good dividend to be declared together with the 4Q12 results.
Xiu Keong, hopes u comment come true = BUNUS ISSUE + FOC WARRANT.
For chart, its already break up from the higher low, nothing to worry so much, the most safety zone was support to be 77c - 79c , now is totally up to individual to buy a little expensive currently,
But JCY , is has more rising room now.
Hopes, PE 10 x EPS 11c = 1.10 is the best target px b4 the 4Q12 results on 29.11.12 , ( NEXT WEEK THURSDAY ).
@lmf_hau, That's true. In this current situation, I feel the mother is better too for these reasons:
1) JCY has most likely bottomed out 2) Even if you have to wait, there's no expiry 3) It is a dividend-paying company. Don't know what its next quarter will be like. But whatever, it is a better company than many of those current favourites that speculators buy.
I've been fortunate in that I've made money with -CF a few times. Was/Am concerned the ex price is a bit too high to achieve. Don't want to push my luck... and I miss out this time. But that's okay. - can't win all the time:-)
By the way, why didn't I buy the mother? Because... I've gotten greedy HAHA! After those successful previous trades with various CWs, I now aim for 25%-plus margins. Now I focus mainly on CWs - the poor man's shares:-)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
pjforsuccess
109 posts
Posted by pjforsuccess > 2012-11-09 10:00 | Report Abuse
what is the intrinsic value of jcy at this period ?