It seems the recent price down 'attracted' more institutions to issue CW's. If there's no more new CW issued, means the big players already positioned themselves nicely, also means the price gonna be SURGE from here on!
I agree...something fishy is happening behind the scene..and as always the investors are kept in the blank.. my humble opinion it will hit 1.50 in no time
Issuer : CIMB Issue Size : Up to 50,000,000 JCY CW Exercise Ratio : 1.5 : 1 Exercise Price : RM1.40 Issue Price : RM0.150 Issue Date : 4 April 2012 Tentative Listing Date : 5 April 2012 Expiry Date : 29 November 2012
Issuer : CIMB Issue Size : Up to 50,000,000 JCY CW Exercise Ratio : 2 : 1 Exercise Price : RM1.30 Issue Price : RM0.150 Issue Date : 4 April 2012 Tentative Listing Date : 5 April 2012 Expiry Date : 29 March 2013
got 2 more CW for listing 2moro?? something is brewing certainly... lamken , your precious opinion pls on all this CW coming to play this week? TQ.... cheers
Usry: you're right, let's continue moving to the NORTH. Looking at the volume transacted today (more than 3 times the average volume for the past 4 weeks) - Looks like the 'goreng' session just about to start.
Pray to the God and hope all the 'big guns' have enough 'fuel' for support this stock price at this time until 2nd Quarter result as we knows that the month of April is one of the'selling season' for share market..
For those interested. bonecythe wants my blood again in lowyat forums. have a read. This just confirms my instinct about his character from the start. You be the judge.
go JCY go....... reach new high every day.... . still i want to know why all the sudden so many warrants issued? how do we as traders choose the right warrant to trade? anyone with knowledge can enlighten me please... appreciate that.... cheers
EPS 7.94, the share price hoover around rm1.20-RM1.30 so if EPS for 2nd Quarter is more than that, this means the price should move around RM1.40 -RM1.50 la.. (just my guess)
Usri, as a friend and also same company owner, suggest you to read more on EPS and other related topics. When the coming quarterly performance result reached that achievement, TP for JCY will be higher than what you have mentioned.
IDC expects HDD industry to record year-over-year unit shipment growth of 7.7% in 2012
Following two major disasters, worldwide hard disk drive (HDD) unit shipments declined year-over-year by 4.5% in 2011, according to International Data Corporation's (IDC) 'Worldwide Hard Disk Drive 2012-2016 Forecast: The Industry Hits the Reset Button.'
If the HDD industry has hit a reset button, only means JCY is set to gain... Historical results cannot be compared anymore... My 2 cents
EPS is earning per share. I have not seen the report but based from Bloomberg, JCY 2011 EPS is 10 sen. Estimated EPS for 2012 based on Bloomberg is 21 sen. I am not sure what is standard PE times for JCY but if taking a conservative PE ratio of 10 times, we are looking at 21 sen x 10 = RM 2.10. ...Mr VeryLovely, ada betul ka? My cikgu said like that ... But if Bloomberg report not correct, dont blame me.
Estimated EPS for JCY in this financial year at RM0.21 obviously is low. JCY can achieve better performance. Research houses will always revise their TP from time to time. They have their ways of making money. They have more capital, first hand news and special team members.
JCY F2012-Q1 EPS is 7.93 csnts and Q2 (Jan'12-Mar'12) is estimated about the same or better. So 2 quarters already about RM0.16, JCY F2012 EPS is definitely much better than RM0.21!
JCY (TRADING BUY; FV: RM1.80) for cheap valuation and high dividends. The company posted strong 1QFY12 results, with its core earnings of RM162.5m nearly thumping its full-year FY10 earnings of RM173.8m, pushed up by pent-up demand for base plates and actuators as well as a favorable forex rate. Recall that its ASPs for these products have risen by approximately 20%-50%, with Seagate doubling its component orders on a contractual basis. We expect JCY’s 2QFY12 core earnings to come in near its 1QFY12 numbers. Strictly annualizing the 1Q results, the company’s full-year core earnings are estimated at RM650m vs our forecast for RM459m, suggesting that at the current market price, JCY is trading at a discounted FY12 PER of 5x-6x, compared to its historical local peer average of 10x when the market was on an uptrend. Furthermore, the stock is transacting below its IPO price of RM1.60, which had priced it at a rich valuation multiple of 19x FY10 PER. We reiterate our TRADING BUY call on JCY, with a FV of RM1.80, based on 8x FY12 PER, underpinned by its strong near-term earnings momentum and attractive dividend yield of 7%.
Hi diablo, may I know where you get this info? I try to seek the latest info frequently but don't know the way, so always cant get find. Pls give me a direction :), tks you!
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....
anipchin
11 posts
Posted by anipchin > 2012-04-04 00:47 | Report Abuse
Think the horse need a little more time to pull up the strength before go back to track. My 2 cent.