hi Chinkang & tht1, thanks for your guys teaching , I learn a lot and feel Satisfaction I damn like this counter and your guys, because I asked other counters to teach me , some of them called me stupid newbie , haha your guys very helpful
Chinkang & tht1 , if I not get you wrong is it checked on below Total Liabilities and Total Assets parts will let me know whether this company is a Cash Rich company or High Debt company ?
JCY Reports :
Revenue 1,671.3 2,241.3 1,598.7 1,867.7 1,942.3 Profit Before Taxation 13.8 428.8 (55.2) 122.8 207.2 Profit After Taxation 13.5 427.3 (61.6) 109.9 209.5 Profit Attributable to Shareholders 13.5 427.3 (61.6) 109.9 209.5 Share Capital 511.2 511.2 511.4 512.0 515.7 Reserves 374.1 617.4 561.7 610.1 785.0 Shareholders’ Fund 885.3 1,128.6 1,073.1 1,122.1 1,300.7 Current Liabilities 483.0 481.0 310.3 366.5 469.9 Non-Current Liabilities 21.4 27.3 28.8 40.1 42.6 Total Liabilities 504.4 508.3 339.1 406.6 512.5 Property, Plant and Equipment 702.3 725.3 680.2 618.3 649.3 Land Use Rights 19.0 18.5 18.3 20.7 20.6 Other Non-current Assets 10.3 13.3 8.1 5.7 12.1 Current Assets 658.2 879.8 705.6 884.0 1,131.2 Total Assets 1,389.8 1,636.9 1,412.2 1,528.7 1,813.2 Net Assets Per Share (Sen) 43.3 55.6 52.9 55.3 63.6 Net Earnings Per Share (Sen) 0.7 20.9 (3.0) 5.4 10.3 Dividend Against Net Earnings 0.0% 42.9% 0.0% 78.5% 66.1% Dividend Amount* - 183.4 - 86.3 138.4
this is sunset company and 90% revenue from 1 client. hdd is dying, most computer using ssd now. unless jcy get contract for manufacturing sandisk part component from wd. otherwise this counter slowly die soon if wd got and melon tofu jcy will die also. hang on 1 client is stupid business model this is very high tension counter. so many "thing" can affect jcy life and death
@overmydeadbody.... Totally agreed with you. There will be no business for this company. Seagate will be announcing SSD that plugs on to the mother board like the RAMs. so no more covers or components needed. Only ICs and PCB. WD is also doing the same. That is why they buy Sandisk Don't understand why people are still interested in the financial reports.
Never jump into conclusion before it really happened, if jcy don't have future prospect, why they want to build another principal hub in Johor? I don't know what prices should it goes, but I know whole market dropped. No offence to all Qian bei.
Everything is still intact, upcoming qtr will probably be 5-8% drop in earnings due to the current economic sentiment around the world. We will probably see 1c div, 1.25c if we're lucky. They are still on track in reducing their dependency on foreign workers with automation at their plants. The tax incentive has also been approved for another 10 years 2016-2026. All in all everything is looking good atm.
angielim9955,For a company that had a healthy balance sheet. you need to Calculate his Current Ratio ( Current asset divide current liabilities, must be more than 1). Debt ratio (Gearing, no cash no talk). Return of Equity (ROE) more that 8-12%. P/E Ratio. Return of Dividend %. The number that you given above does not help you because there can change anytime. You need to read their result quarter by quarter and calculate by yourself there is no free lunch.
Thank you to all the supporters by using calculation to push up the shares price. Hopefully tomorrow will be above Rm 0.70 . Anyway JCY won't be bankrupt .
tht1,thanks my friend. Today you seem got happy mode . Haha. I think you always find a good counter like this counter. All the best and good luck for you and me
Angielim, learn some basic accounting will help u in reading the financial report. For those ratio stuff I couldn't help, because I'm still in learning process:)
Angielim, u may read hupseng financial report, it's quite easy to understand. I will attend the agm on this month. I have no idea with Gtronic, 15-20% of jcy in my portfolio.
Chinkang,thanks Chinkang.. because as I know hup seng last time up so high until it stock split a few times ,so if ignore the stocksplit actually hupseng now very expensive already I think should be around 8.00 if exclude stocksplit , but anyway I will study again ,thanks
Angielim9955 you know the stock split of a company then calculate the NOSH (no of share Holding). predict the profit for the coming year then divide with NOSH it come up to Earing per share(EPS). After you know his EPS then calculate his P/E. See your self this stock is Overvalue or Undervalue.
Interested day traders should place a protective stop-loss 3 bids below its immediate support level of RM0.65 (S1) at RM0.635, where further downside could be seen at RM0.60 (S2) if the S1 level is broken.
don't treat company like your gf.... they lost u run.... bcos when they profit, they reward themselves more than u.... if really like then come back when they profit
another counter that catches the beginner number crunchers
Q profits go from $ 70m to $ 43 m to minus $ 4
if it is too good to be true....well, it is not true if the PE is so low, if the dividend yield is so high....but the charts suggest a dying share..... the number crunchers beware and be skeptical.
This JCY has been bankrupt a few times in the last 30 years.
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....
Angielim9955
2,049 posts
Posted by Angielim9955 > 2016-05-03 02:01 | Report Abuse
Chinkang & tht1 :
hi Chinkang & tht1, thanks for your guys teaching , I learn a lot and feel Satisfaction
I damn like this counter and your guys,
because I asked other counters to teach me , some of them called me stupid newbie , haha
your guys very helpful
Chinkang & tht1 , if I not get you wrong is it checked on below Total Liabilities and Total Assets parts will let me know whether this company is a Cash Rich company or High Debt company ?
JCY Reports :
Revenue 1,671.3 2,241.3 1,598.7 1,867.7 1,942.3
Profit Before Taxation 13.8 428.8 (55.2) 122.8 207.2
Profit After Taxation 13.5 427.3 (61.6) 109.9 209.5
Profit Attributable to Shareholders 13.5 427.3 (61.6) 109.9 209.5
Share Capital 511.2 511.2 511.4 512.0 515.7
Reserves 374.1 617.4 561.7 610.1 785.0
Shareholders’ Fund 885.3 1,128.6 1,073.1 1,122.1 1,300.7
Current Liabilities 483.0 481.0 310.3 366.5 469.9
Non-Current Liabilities 21.4 27.3 28.8 40.1 42.6
Total Liabilities 504.4 508.3 339.1 406.6 512.5
Property, Plant and Equipment 702.3 725.3 680.2 618.3 649.3
Land Use Rights 19.0 18.5 18.3 20.7 20.6
Other Non-current Assets 10.3 13.3 8.1 5.7 12.1
Current Assets 658.2 879.8 705.6 884.0 1,131.2
Total Assets 1,389.8 1,636.9 1,412.2 1,528.7 1,813.2
Net Assets Per Share (Sen) 43.3 55.6 52.9 55.3 63.6
Net Earnings Per Share (Sen) 0.7 20.9 (3.0) 5.4 10.3
Dividend Against Net Earnings 0.0% 42.9% 0.0% 78.5% 66.1%
Dividend Amount* - 183.4 - 86.3 138.4