JCY International Bhd (5161.KU) - Malaysia Figures are in Ringgit (MYR).
4th quarter ended Sep. 30:
2012 2011
Revenue 536,412,000 439,752,000 Pretax Profit 11,501,000 25,560,000 Net Profit 10,477,000 25,352,000 Earnings Per Share 0.52 Sen 1.24 Sen Dividend 3.00 Sen Omitted
12 months ended Sep. 30:
Revenue 2,245,168,000 1,671,255,000 Pretax Profit 442,683,000 13,844,000 Net Profit 441,223,000 13,466,000 Earnings Per Share 21.59 Sen 0.66 Sen Dividend 8.00 Sen Omitted
Although yearly net earnings leapt 32-fold to RM441m, what borders me is that Q4 net profit suddenly plungedto RM10.5m from RM105m in Q3...what happens next in Q1 FY13?...and the whole of FY13?...
..FY12 is an exceptional year for JCY bcoz of the flood in Thailand. JCY benefitted as business shifted to JCY... but history may not repeat. It's a one-off exceptional yr for JCY. Hence, the superb performance in FY12 is not sustainable...
Posted by Wy Lee > Nov 22, 2012 09:24 AM | Report Abuse
...haha....despite of good news....alot still buying in expected in low price...
Wy Lee...not really a good news...the earnings drop in Q4 is expected and the earnings for the whole of FY12 is within analysts' expectations. Those who can't read and inteprete these accounting numbers were the ones got shocked...
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....
mm310
437 posts
Posted by mm310 > 2012-11-21 11:26 | Report Abuse
bullish now, support at 0.82, resistance at 1.00