No they would have already accumulated the mother share below the exercise price before issuing the warrant. This is why as explained by sage, they are able to control and contain the mother price to ensure it never runs up to high to a pint where they can't make it go back down to make the warrants worthless near expiry. This is why other big fish will not dare touch this counter now.
why do you think the share price have not passed rm1 despite stellar results last Q? If the warrants did not exist, the price will be easily rm1 weeks ago already. Share price is now hamstrung by the warrant issuers. at current price level, the warrants have not sold much. The next move will be to pull the mother price down severely to sell more of the warrants at a heavy discount. Better to sell more of the warrant at a cheaper price then to sell no warrants at all as the warrants is free for them to issue. Be cautious and alert, the risk on this counter is now highly elevated.
JCY profit is a lot compare to many company. However current share price @ 0.86 only. I believe the company can't control their share in this way. Especially USD strengthen now @ 4.4! I guess anytime this week will FLY!
The company has highlighted in latest FY2015Q4 that the HDD sales for the subsequent quarters remain flat. There's no explosive sales but the HDD demand remains robust being forecast . The significant increase in net profit was due to favour exchange rate. In fact, the sales was slightly dropped but offset by favourable exchange rate.
This counter is quite safe to invest but a bit slow to move up only . For example , Tortoise is a slow-moving four-legged animal with a hard shell ( for protection) . Why worry . Good pay dividend stocks .Next month another round for dividend . Better than FD .
Chinese market effecting the whole world... once everything start to crash not even 3 cent dividend will JCY.... investor seems to be loosing confident. Hope for the best.
I see the potential is there as weak MYR. QR & dividend pay is so good for this company. Compare among to same peers company. JCY consider a best counter in the market.
Worldwide PC shipments have suffered a year-on-year decline of -10.6%, according to International Data Corporation (IDC). That is the largest decline in history for PC shipments. For the first time since 2008, PC shipments were below 300 million units in 2015.
Global personal computer shipments fell 10.6 percent in the quarter ended in December from a year earlier, IDC said on Tuesday, the largest decline since the research firm started tracking PC shipments.
The fourth quarter of 2015 marked the fifth consecutive quarter of worldwide PC shipments decline, according to rival research firm Gartner.
* beneficiary Ringgit Depreciating Again vs USD * Strong balance sheet with pretty net cash * High dividend yield and paid dividend every quarter * FUTURE PROSPECT: Recent developments within the industry group include new strategic investment in HDD manufacturers, and the announcement of a new major data center storage initiative in China. With these, it is expected that the outlook for HDDs will remain favourable in the near future * Target price: RM1.10
Minimum 3 cents dividend . Don't bother about the PC shipment . Believe the management 's message . If everythings accordingly to the plan should be consider okay .
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....
noobnnew
973 posts
Posted by noobnnew > 2016-01-06 08:40 | Report Abuse
Anyone mind to explain to me the difference between JCY and Genetec? Both in HDD