Lets spread the word....everyone gets 10 person to come into the game and we will conquer the hidden hand behind the scene. If you take every counter as a product, its the same. Salesman with strong conviction on the company will be able to sell the product well. Look at how Apple has done it successfully. Build an increasing believer around and more people will buy into their shares! Now they are the biggest company in terms of market cap in the WORLD. Its the same with JCY, with turnaround situation in its favour, initiating to pay dividend going forward, its going to be another great wave going forward! Lets CHEONG together!
Anyway this correction is good as it shaked out weak holders and provide a very attractive entry level for fund manager. Will promote this to some of my fund manager friends! Cheers and happy investing!
if they agree for share buy back, usually the price will shoot up another 5-10% from current level..(by the way this is a theory, stock matket is full of trap.. may be happen or may be not)
Chungkay: no harm in everyone telling 10 people about this opportunity and have them each tell 10 more people. Like I said sharing is caring and this is a genuine opportunity. Although the current cheap price is not going to sit around for long, if you are going to do it, better do it fast because the the rally might start sooner then everyone here thinks.
Stockist: that is the best thing to do as more funds/institutions support is important to ensure a few big parties do not have too much control over the price. I would even ask everyone here to ask around, (using facebook etc) to see if any of your friends, friends are fund managers etc and tell them about this opportunity. If they are fund managers they have the means to due their own due deligence and will know this is an opportunity.
I will be making contact with a few institutions in the UK this week to alert them to this opportunity. We need more big players to keep the game fair for everyone.
knowledge is power and Lamken has done all the homework on JCY on this. Your email is most illuminating. Thanks Lamken, you walked and are walking the extra mile for us. And now, sharing/caring with like-minded friends.
Apart from sharing, just to add, I think is the confidence in stock that lamken had put through. I was skeptical back in november about JCY, but after reading through the comments/critiques/etc., the amount of learning and hardwork to put and to actually learn what lamken and some others had put forward is not easy. And is just like when you're working, you wanto get high bonus, you work your a*se off! kudos to lamken and all JCY supporters (for what you have faith on as an investor will slowly come through)
Confidence is the key! Nothing wrong with the Company, just some evil minded people trying to capitalise on the weakness of most investors. Lets work together to stabilise price around this level so when the fund managers come into the picture, we will be able to see a continual uptrend. Lets KILL the evil forces together!
just woken my friend in UK at 430am UK time.....he said will take a look at the fundamental and chart when he reaches office 2 hours later....our local time is 1.30pm! Lets get the ball rolling!
bomblikeme: i agree that i had learn a lot from this thread, good for myself...i am still holding and filtering out some noise..
some said head and shoulder coming out, and i go do some research on it..but this head and shoulder may high chance invalidate as the volume for right shoulder is not huge... hence i really learn from this counter.
stockist83: nice work. refer him/her to all the data, especially the full CIMB report because that has very important industry info. Also tell him to look at the thomson reuters star mine intrinsic value. Let me know if he/she has any questions ( i will email you shortly).
Hopefully a few US/UK funds/institutions to come to the party.
JCY cant do share buy back in the past because they do not have retained profit in their accounts. After recorded RM 160m in the 1st quarter ended 31 Dec 2011, they have now RM 37.6 million retained profit in their book. This will mean that if they were to exercise all their mandate, they will be able to buy back RM 37.6 million worth of JCY shares once after the EGM is over by tomorrow noon time (start at 1030am on 22 March 2012). Lets continue to monitor how the company will perform going forward!
patience pls. i was going to wait to see if more request came through before i sent the email the second time. I dont want to send the same email 3 or 4 times. everyone who requested updates so far should recieve within the hr. Iam trying to clean up the distrubution list. the people who recieved must email the first time might get another copy of the same email again.
Hi Lamken, I have forwarded CIMB report to him already. Lets see how he react to those information. Base on my experience with him, usually he will take some small position to start off with, and if he finds more comfort with the management and 2nd quarter result continue to show improvement over last year, he will decide whether to take a bigger chunk. Cheers and Happy Investing!
Mr Lamken, once we receive your email update on company, we will work with you together to whack the evil forces. Tomorrow shall be an eventful day! Whack Whack all the WAY!
nearly all of you should have got my email by now. there are a couple I cannot send to due to my mail account restricting my sending because it thinks Iam spamming (due to the large group/groups) can I ask 1 person with a copy of my email to forward to the following people: (please comment here that you will be sending it so the rest know and we dont get 10 people sending the email to the guys below.
Hi Lamken, iam a newbie to stock investment and stuck RM100K in JCY, appreciate if you could add me to your distrubution list, thanks a millon and God Bless You!!! lai.pei.san@gmail.com
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....
chungkay
13 posts
Posted by chungkay > 2012-03-20 21:58 | Report Abuse
Mr Lamken.....lets work together to help everyone in a constructive manner....count me in chungkay@hotmail.sg