No announcement date on entitlement and ex yet? So late this qtr, usually should have announced by 24th and ex on or around 18/9. Too preoccupied with the worker unrest perhaps??
Don't worry this is not USA, Abraham Lincon have no chance to free slave anymore. The master is free to kick some ass regards to all the investors benefit :)
Have you ever see the master of slave still collapse due to not respect to human right? The answer is no, master will keep his fortune from generation to generation, slave die in vain. Typical historical lesson.
The earnings for this counter have always been cyclical. Just have a look back since the company got listed in 2012. A few quarters of good earnings is ALWAYS followed by a few quarters of losses and the signal for the start of the cycle of losses is when the earnings start to deterioate. The last quarter earnings dropped by 35% which is going to be the start of a few of cycle of losses again.But no need to argue, just wait for the next Q result to come out. Of course feel free to buy more on personal account in the mean time like Lohman who bought significant amount at .70-.71 and .73. and intend to be a very long term share holder of JCY like his friend MD Tan and matakuda. But be prepared to hold 4+ years with a big loss at the end like ed wong because apparently holding for 2 years is not enough time for this gem. Aiya, now have to sell at .68 sen and below. why so fast one?
1) Now is just a kneejerk reaction to the workers unrest which already confirm no major impact
2) For semicon, normally 3rd quarter is the strongest and generally 2nd half will be better than 1st half.
3) Improving cost management as seen from previous reports hence once revenue improve for coming quarters, the net profit will be significantly seen.
So, for now target to keep for 2 quarters and see from there. Not for contra players but as long as the company's financial fundamentals intact, good mgt records, and strong product demand potential for next 1-2 years is there is good for now. Just the dividend can cover your bank interest...
Knee jerk reaction? If the worker unrest escalate further to other factories they maybe in trouble. The affected factory only "partially" resumed operations on Friday. This means issue not resolved yet. Hard to believe 800 worker go on strike for nearly one week but will have no impact.
This is not a semicon company. They do not make any electronic chip. They are a precision machining company making hdd component like base plate and actuator, nothing to do with semicon.
Company keep saying improving cost management since listing in 2010. You only have to read through all the Q result statement to see. Product demand is there but not stable, this is reflected in the big swings from a few quarter earnings to a few quarter losses. It's now entering the loss cycles now as seen in the 35% drop in earnings last Q. I will not be suprised if price is under .50 in 2 quarters.
Price should be stabilized in weeks to come and for longer term 3rd quarter will be stronger due to the cyclical demand nature and overall 2nd half of 2014 should be better than 1st half.
based on historical earning cycles there will be a few quarter of losses coming. only fools will buy into this counter now when the earnings just started to deterioate and sliding into losses again for next few quarters. easy to tell the ones that have been trapped on this forum.
0.69 now already....is starting to show, time will tell....up another few sen the ppl here will be happy dy as majority ppl making the most noise here are contra players that can't wait. I am not a contra player. You can leave this counter if don't suit your investing patterns.
Up but with no volume. Past trend suggests a day up is followed by two or more days decline. Hope it does not happen this time around. I ain't any contra player, been holding for 2 yrs with 80cts avg..and buying down till 71cts. Hence, it is natural for some including myself to be frustrated, after numerous so called good account of the stock being told. I m sure sage feels the same and has some good points to consider as well. Price has been nothing but falling only. If it is to go up why hasn't it done so, albeit a little. Lets see the price sustainability leading to post dividend..cheers n have a good weekend.
For the past 1 year has been quite steady moving range bound 15-20 sen. If you expect 30-50 sen change within months or weeks don't think likely to happen to this counter, the same I do not see strong rational for this company to slide under 50 sen in 2 quarters as he/she said so. Yes, have a good weekend all. I am going to enjoy and sleep well.
betul u kata trap,.. kalau u beli dg harga tinggi, tapi u beli dg harga masa ni, harga patut kah? syt ni ada untung dia bagi dividen, tak kedekut , tak sama syarikat lain untung byk, cash byk tak akan bagi shareholder pun lagi minta right issue dg shareholder, kata ada project tak cukup fund utk di gunakan. lagi pun syt ni ia lah cash cow co., tak hutang byk pun. hanya keuntungan tak tentu atau janji akan tetap nak untung berapa.
Koyak counter only to deteriorate in price further after next qtr results. Red flag shown per last qtr where it went 30% down vs. earlier qtr. Sell call.
Buy n get stuck. Good luck. Look at history which repeat itself. If it is so good hadn't it gone up a little? Opposite seems to be. Forget about fundamentals. Sage is correct all along. Even if it goes up it will not sustain or go up n down within a tight range. Don't u know it was reported in sin jjp earlier that numerous retailers were caught?
Think you did not do your studies Andy Lau. Hk andy lau billionaire, you malaysia ignorance. Jcy top 30% over 80%, they even kena bursa query in too little distribution outside, tht is why price hardly move. So can this be long? Dont think so. 1 yr time either it privatise, or distribute out bonus for more circulation. Either way also win.
In one year the earnings will be losses again and the share price will be below .40 . If the major share holder wanted to privatise, he would have done so back in 2011 when the price was below .41. Also if he see potential for good earning in the future, he will privatise it now already. But he has not which shows he has no faith in his own company because he knows the earnings will not be good in the future.
peting ada untung, beri divend itu la , shareholder mau, JCY tak kedekut, couter ni bolih percaya, untung atau rugi berikut globar demand , skurang a/c tak tipu , ada cash di bank
Sage, if only I had heeded ur advice much earlier. Nevertheless, better late than never, I sold off the stock before ex n switched it to another stock which had since performed better compared to the stock in question and I m en route in making back my losses which jcy had caused. Obviously, jcy deteriorated further. We r all entitled to our own opinions, Steven, please do not act so childlishly which could spur anger. We can b tactful yet calm. Look at the macd now, it is below the centerline indicating further weaknesses. Broke 0.67 support n sitting at 0.66 support. Touched 0.65 on Friday and do u think I is already the low. I uses to b a staunch supporter of the same n had since lost faith. Just like sage n some of the rest I just wanted to share my experiences. This share indeeds trap people n gives false hopes. Warren Buffet n the rest would advocate selling on useless shares like these n reinvest into better stocks.
Another technical analyst=tak ada akal. Jcy turnover already, tak ada akal still said it deterioration? The future will only be good for jcy. Div also got, meant they still take care shareholders.
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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....
estan3874
61 posts
Posted by estan3874 > 2014-08-27 16:02 | Report Abuse
I tot will panic selling. HA out of my expectation