JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.735

Today's Change

+0.015 (2.08%)

Day's Change

0.72 - 0.75

Trading Volume

35,096,900


67 people like this.

18,861 comment(s). Last comment by calvintaneng 11 minutes ago

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-26 17:19 | Report Abuse

gd TA wait for QR

New994

367 posts

Posted by New994 > 2020-11-26 17:23 | Report Abuse

Too good result i remember one other company doing HDD industry also? hahah DUFU!!!!

Posted by FlyingElephant > 2020-11-26 17:25 | Report Abuse

if u read carefully, this quarterly results is not good if not for the one of adjustment which is favourable to jcy

feyn402

70 posts

Posted by feyn402 > 2020-11-26 17:29 | Report Abuse

ppl say 14m~consider good o not???

Posted by kasiong1995 > 2020-11-26 17:30 | Report Abuse

Wow
14 m profit...

nich0las

2,786 posts

Posted by nich0las > 2020-11-26 17:31 | Report Abuse

wa lao, 14mil. So good QR la. Cheers.... Return to 0.80 tomorrow.

nich0las

2,786 posts

Posted by nich0las > 2020-11-26 17:32 | Report Abuse

Cash on hand now 328Mil

New994

367 posts

Posted by New994 > 2020-11-26 17:34 | Report Abuse

without the one off 15mil foreign loss? How good can the qr goes.

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-26 17:36 | Report Abuse

when can break 0.87???? hehehe

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-11-26 17:37 | Report Abuse

up 700%

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-26 17:37 | Report Abuse

up 800%!! waa all so positive comment here.. good2

Posted by Anaksarawak > 2020-11-26 17:40 | Report Abuse

I stuck at 0.82 leh...how
Still lose money

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-26 17:51 | Report Abuse

tomolo limit up..good QR

ederique

15 posts

Posted by ederique > 2020-11-26 17:55 | Report Abuse

seriously without the -15m forex loss, crazyyyyy

Posted by WhiteTrader > 2020-11-26 18:00 | Report Abuse

High profit due to reversal of impairment.

WxF8888

49 posts

Posted by WxF8888 > 2020-11-26 18:18 | Report Abuse

Good news for the QR result!

hengaun

29 posts

Posted by hengaun > 2020-11-26 18:48 | Report Abuse

A5. UNUSUAL ITEMS AFFECTING THE ASSETS, LIABILITIES, EQUITY, NET INCOME OR CASHFLOW

During the quarter ended 30 September 2020, the Group conducted an impairment assessment by
comparing the net carrying value of the properties, plants and equipment and land use rights of the
Group with the expected discounted future cash flow generated by the the assets. As a result, the
Group recognised a reversal of impairment of RM34.6 million.

howoeijye

18 posts

Posted by howoeijye > 2020-11-26 18:51 | Report Abuse

恭喜JCY 很好的业绩,Pe下降了

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2020-11-26 18:54 | Report Abuse

Tp 1

hengaun

29 posts

Posted by hengaun > 2020-11-26 19:00 | Report Abuse

Q4 results loss

ChrisMz

706 posts

Posted by ChrisMz > 2020-11-26 19:24 | Report Abuse

Reversal of impairment is an non cash event. It may seen as if the QR not so good without the reversal. But hey, reversal means the assets will generate positive value.. buy into the future right?

ming

2,074 posts

Posted by ming > 2020-11-26 20:06 | Report Abuse

Without the reversal, it is lose making wor..

Somemore myr strengthen more recently, nx qr forex loss more?

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-11-26 20:14 | Report Abuse

I only believe in volume and fund flows. result good or bad, I have confirmed the big boys have been accumulating the tickets and the momentum is aggresive. don't seem like a passive one.

Sdrg

38 posts

Posted by Sdrg > 2020-11-26 20:15 | Report Abuse

Hmm... the results doesnt look good. Impairment writeback aside, the operations looks dismal. The initial Kenanga report clearly was overly bullish. Also with or without the Forex adjustment, this quarter is an operating LOSS. No wonder the ESOS and other Insiders kept selling during this period.

Posted by SumaInsider > 2020-11-26 20:28 | Report Abuse

Correct LaoTzeAhSir , too much fundamental they will miss the bus..kekeke

Posted by Anaksarawak > 2020-11-26 22:04 | Report Abuse

Wow so many people look bad JCY !
Reversal impairment loss#
Forex loss#
Tmr limit down...??

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-26 22:05 | Report Abuse

KUALA LUMPUR: hard disc drive (HDD) components maker JCY International Bhd turned a profit in the last quarter ended Sept 30 on higher shipment volume and a reversal of certain impairments.

Net profit for the quarter stood at RM14.1mil that lifted its full year earnings to RM25.6mil.

Revenue was up at RM301mil.

"The higher revenue in the reporting quarter compared to previous year corresponding period was due mainly to higher shipment quantity," the company said.

"The Group also recorded a slightly higher revenue for the reporting financial year compared to previous financial year due to better products mix, despite having an isolated significant impact of shipment reduction in 3rd financial quarter due to the global pandemic of COVID-19," it added.

JCY, in its outlook for FY2, said the HDD market is expected to remain relatively stable even if large cloud operators may not be embarking on major capacity expansion due to uncertainties in business demand.

"With the expected gradual reduction in global TAM to below 70 million per quarter in the near future, major HDD producers may possibly embark upon a rationalisation of their supply chain, which in turn will affect HDD component suppliers," it said.

"JCY will deploy its resources to accommodate likely changes in the market," it added.

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-26 22:27 | Report Abuse

hopefully tomorrow can break 0.78 then 0.85 and make new hihg :)

Mandyfung

26 posts

Posted by Mandyfung > 2020-11-26 22:31 | Report Abuse

Awaiting to flyyyyyyy...

Posted by Anaksarawak > 2020-11-26 22:42 | Report Abuse

Druggy 8989...why delete message..hehehe
Selfish lo

ederique

15 posts

Posted by ederique > 2020-11-26 22:51 | Report Abuse

So if u take away impairment gain , together with the tax expenses that come along, add back the forex loss.....HmmMMmmmMmmm......

Posted by Anaksarawak > 2020-11-26 22:52 | Report Abuse

No dividend.. very disappointed..
Even istone also paid for dividend

Posted by Anaksarawak > 2020-11-26 22:53 | Report Abuse

Cash rich..no use

Posted by Anaksarawak > 2020-11-26 22:55 | Report Abuse

Tp...0.58
Hahaha

Posted by druggy8989 > 2020-11-26 22:56 | Report Abuse

@ Anaksarawak - Best I keep the opinions to myself, cheers.

Posted by Anaksarawak > 2020-11-26 23:33 | Report Abuse

Druggy 8989 .. anyway still appreciate your comments.. Lucky's i saw it

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-26 23:59 | Report Abuse

tomorrow will go up.. see the chart not these negative comment ...0.665 is super cheap edy..

flyhub888

517 posts

Posted by flyhub888 > 2020-11-27 00:27 | Report Abuse

limit up 2moro!

Keyman188

5,968 posts

Posted by Keyman188 > 2020-11-27 00:27 |

Post removed.Why?

rocky_88

1,034 posts

Posted by rocky_88 > 2020-11-27 08:09 | Report Abuse

gogogo break 0.78 barrier

Posted by steveninvest > 2020-11-27 08:54 | Report Abuse

I already mentioned JCY CEO said hard time is over previously, it mean JCY will have good qtr result which was announced yesterday. I am going to earn alot today.

Next stock to be focus is called Censof(5195).
https://klse.i3investor.com/servlets/stk/5195.jsp

My sifu said Censof(5195) will rise up at least RM0.45 and above. Good revenue and profit for this year. Buy it before it rise.

feyn402

70 posts

Posted by feyn402 > 2020-11-27 08:58 | Report Abuse

rocky_88~ from which invester group u get the 0.78 and 0.85....lol

hng33

19,949 posts

Posted by hng33 > 2020-11-27 09:02 | Report Abuse

sold back jcy at 66sen

Posted by steveninvest > 2020-11-27 09:08 | Report Abuse

Later will rise back. Dont sell first..

aibo

51 posts

Posted by aibo > 2020-11-27 09:19 | Report Abuse

even below expectaton it is still making money

Posted by steveninvest > 2020-11-27 09:20 | Report Abuse

U see start to rise back now !

spidyxero

276 posts

Posted by spidyxero > 2020-11-27 10:26 | Report Abuse

same business like dufu. will follow dufu soon

zanbini

383 posts

Posted by zanbini > 2020-11-27 10:39 | Report Abuse

Big contract will be announced soon

WxF8888

49 posts

Posted by WxF8888 > 2020-11-27 10:49 | Report Abuse

Kenaga TP is 1.35, but many are shortsighted.

Posted by Starbuckee > 2020-11-27 10:51 | Report Abuse

why? still can buy now. 63 cheap.

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