angku..why i said that is that they want to collect at cheap prices....once they collect enuf, it will sure go up. Again, it may takes times along the way because sydicate will not allows contra players to make money as far as possible. Unless got corporate event...price will have no choice but move up irrespective of contra players.
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.
Thailand is not an issue as JCY has moved most of their operations back to Malaysia after the big flood. In fact it is a blessing in disguise as those affected Thai manufacturers will lose their biz to JCY!!
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.
Sumatec....now it's PN17....but will probably apply to be out of PN 17 around sept 2013. The stocks will probably be much higher by then. Tis my main holding
Main saham bukan main loteri, kalau letak fd 3% or 4% perannum. Amanah saham 6% to 7%..nak profit kena sabar...org lain loss berjuta-juta pun tak bising..jcy still ok, qtrly results improve... kena sabar..2 or 3 cents drop is normal....tp still 0.90 and rm1.00.
may be need for longer term view ,,since its result improving and world electronics on coming future is demanding.... esp the hard drive...sometime need patients ... but with own acceptable risk level ie. must set own cut loss point too !
This is still one of the cheapest HDD manufacturers. IPO in 2010 was RM1.52 retail but price got bashed down because it did not achieve profit forecasts. Profitability year to year can be highly volatile. You need to catch it on the business upswing. I believe this is the time now to buy @ 71/72 sen and hold for improving results next 6 months. Balance sheet is healthy with low gearing. It pays quarterly dividends out of profits. Controlling shareholder still has 70% stake but 2 plus billion share capital base means there is adequate liquidity.
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....
Aaron Kwok
84 posts
Posted by Aaron Kwok > 2014-05-21 09:33 | Report Abuse
Looks like south. Trap