JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.705

Today's Change

0.00 (0.00%)

Day's Change

0.69 - 0.725

Trading Volume

24,637,500


65 people like this.

18,421 comment(s). Last comment by calvintaneng 15 hours ago

pang72

49,192 posts

Posted by pang72 > 2021-01-14 10:44 | Report Abuse

Patient! Sudah meletup

Posted by kenneth241 > 2021-01-14 11:00 | Report Abuse

Chip in now

surviver

154 posts

Posted by surviver > 2021-01-14 11:03 | Report Abuse

ESOS again

Superb99

6,589 posts

Posted by Superb99 > 2021-01-14 12:22 | Report Abuse

thought breakout above 0.56 but seems like a fake one...

Superb99

6,589 posts

Posted by Superb99 > 2021-01-14 12:23 | Report Abuse

need more volume

Peter123

2,125 posts

Posted by Peter123 > 2021-01-14 13:18 | Report Abuse

Target 0.59 today

feyn402

70 posts

Posted by feyn402 > 2021-01-14 15:26 | Report Abuse

uptrend!!!

sprite_888

155 posts

Posted by sprite_888 > 2021-01-14 16:05 | Report Abuse

power come..!!

Posted by Miracleray > 2021-01-14 16:06 | Report Abuse

Jom lets go

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-01-14 16:11 | Report Abuse

go go jcy..always finishing horse..

kancil850

292 posts

Posted by kancil850 > 2021-01-14 16:23 | Report Abuse

come on JCY you've got the powwaa!

zanbini

383 posts

Posted by zanbini > 2021-01-14 16:30 | Report Abuse

Because of MCO

Technology stocks are hot this month

JCY is expected to reach RM1.00

feyn402

70 posts

Posted by feyn402 > 2021-01-14 16:32 | Report Abuse

today can celebrate abit jor...lol

sprite_888

155 posts

Posted by sprite_888 > 2021-01-14 16:34 | Report Abuse

Amazing... can close 0.59??

shorter

32 posts

Posted by shorter > 2021-01-14 18:10 | Report Abuse

OTHERS | https://www.klsescreener.com/v2/announcements/view/3292225

Customer cancel order, GG JCY

hahalolwtf

282 posts

Posted by hahalolwtf > 2021-01-14 18:20 | Report Abuse

"JCY is expected to reach RM1.00"

I will pray for you tonight

pang72

49,192 posts

Posted by pang72 > 2021-01-14 18:43 | Report Abuse

Got new customer order,! Management fully committed capital n resources to ramp up the new orders..

Fuyoooohhhh... No wonder sky rocket!

Sky Liew

940 posts

Posted by Sky Liew > 2021-01-14 18:52 | Report Abuse

ya no good de Is hdd less order.
Good thing is got new customer order
Company can get more good margin at car Spair part

gdrgnz

87 posts

Posted by gdrgnz > 2021-01-14 18:59 | Report Abuse

balance news indeed.

Sky Liew

940 posts

Posted by Sky Liew > 2021-01-14 19:10 | Report Abuse

JCY董事会谨此宣布,公司已在2020年9月30日截止的2020年9月30日财政年度的合并业绩季度报告中根据未来展望宣布:“随着全球TAM预期逐步减少至7,000万以下,在不久的将来每季度,主要的HDD生产商可能会着手合理化其供应链,这反过来将影响HDD组件供应商”。



JCY的主要客户之一告知他们,他们打算首先减少并最终停止购买公司的一种组件产品。预计这将对JCY的收入,生产成本产生负面影响,并可能导致公司在2021年9月30日结束的财政年度计提减值准备。



同时,公司已开始对其客户群进行重大调整。 JCY已为该​​新客户投入了大量资金和资源,并正在提高某些组件的产量,包括一系列新产品。管理层完全致力于实现这些目标,这将对JCY在当前财政年度及以后的财务业绩产生抵消性的积极影响。



截至本公告发布之日,由于披露限制,本公司无法提供确切的预测。有关上述事项的进一步发展应在适当时候宣布。

Sky Liew

940 posts

Posted by Sky Liew > 2021-01-14 19:11 | Report Abuse

我们看新业务才是重点-汽车零件业务
hdd 是要转型的

Posted by HaroldHuong > 2021-01-14 19:38 | Report Abuse

The Board of Directors of JCY wishes to announce that the Company has on 26 November 2020 announced in its Quarterly Report on Consolidated Results for the financial period ended 30 September 2020 under Future Prospect that “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”.

One of JCY’s major customers informed that they intend to firstly reduce and eventually stop purchases of one of the Company’s component products. This is expected to have negative impacts on JCY’s revenue, cost of production and possibly result in impairment provisions for the Company’s financial year ending 30 September 2021.

At the same time, the Company has commenced a major re-alignment of its customer base. JCY has committed a significant amount of capital and resources for this new customer and are ramping up production for certain components, including a new range of products. The Management is fully dedicated to achieving these targets, which will have a countervailing positive impact on JCY’s financial results for the current financial year and beyond.

As of the date of this announcement, because of disclosure constraints, the Company is unable to provide definitive projections. Further development on the above matter shall be announced in due course.

This announcement is dated 14 January 2021.

chiahs

212 posts

Posted by chiahs > 2021-01-14 19:39 | Report Abuse

last year news - transform into automotive industry, with much better margin and growth

Posted by HaroldHuong > 2021-01-14 19:39 | Report Abuse

Did not mention how many % revenue loss for old customer for 2021
Did not mention how many new customer can get or already get
Trade carefully

Vanbasten

1,266 posts

Posted by Vanbasten > 2021-01-14 19:40 | Report Abuse

@hahawtf dont be sarcastic otherwise NOBODY will pray for you. Yes with the exception of material bad news JCY can reach RM1 this year.

pang72

49,192 posts

Posted by pang72 > 2021-01-14 19:40 | Report Abuse

It works as vs industrial to phase out low margin Dyson and replaced by high margin new customers...

QR be much better

pang72

49,192 posts

Posted by pang72 > 2021-01-14 19:41 | Report Abuse

Automotive is the trend now

goofy8020

36 posts

Posted by goofy8020 > 2021-01-14 19:42 | Report Abuse

JCY国际主要客户或停买产品 带来负面冲击
https://www.sinchew.com.my/content/content_2411010.html

Posted by Anaksarawak > 2021-01-14 20:05 | Report Abuse

My friend say.. maybe will take apple automotive business project. Big trends...

Posted by Anaksarawak > 2021-01-14 20:08 | Report Abuse

Elsoft Also related automotive.. share price shoot up 50% already

Posted by Anaksarawak > 2021-01-14 20:10 | Report Abuse

D&O also related automotive industry share price shoot up

Posted by Anaksarawak > 2021-01-14 20:12 | Report Abuse

Now is HDD business diversified to automotive.. give up some outdated customer is good choice

Posted by Anaksarawak > 2021-01-14 20:15 | Report Abuse

I guess company already got new project coming but keep secrets only

onionchong

430 posts

Posted by onionchong > 2021-01-14 20:43 | Report Abuse

Next shoot up will be JHM

James Ng

2,687 posts

Posted by James Ng > 2021-01-14 20:55 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-01-14-story-h1539349847.jsp
[转贴] [Video:浅谈JCY INTERNATIONAL BHD, JCY, 5161] - James的股票投资James Share Investing

HrryPttr

1,975 posts

Posted by HrryPttr > 2021-01-14 20:57 | Report Abuse

Can achieve TP 1.35?

SuperPanda

11,421 posts

Posted by SuperPanda > 2021-01-14 21:14 | Report Abuse

ive been through many JCY qr reports and sees their margin is very small, similar with counterpart notion (only make big profit with fire insurance and ppe news)

the price will be decided by market tomorrow but if you ask me, i will be the 1st to panic

wish tomorrow operator will support price (not a big hope)

gemfinder

6,880 posts

Posted by gemfinder > 2021-01-14 21:49 | Report Abuse

Gpadown

Jjkcl

883 posts

Posted by Jjkcl > 2021-01-14 21:51 | Report Abuse

Bad luck, tomorrow sure shoot down

Posted by sharon1519 > 2021-01-14 21:56 | Report Abuse

esos price too low 0.250 only, big fish eat small fish till dry fish

Posted by kyy_superinvestor > 2021-01-14 21:56 | Report Abuse

I heard jcy is working out a project with Tesla....in the midst of discuss with Elon Musk

Posted by investor9996 > 2021-01-14 22:17 | Report Abuse

gg.com i buy 500000lot 2molo i want sell it faster....

Posted by investor9996 > 2021-01-14 22:18 | Report Abuse

u guy dun drop ya, let me drop first

freddiehero

16,715 posts

Posted by freddiehero > 2021-01-14 22:23 | Report Abuse

how come?

Posted by Anaksarawak > 2021-01-14 22:40 | Report Abuse

Okok.. tomorrow let small fish sell..banker accumulate...

Posted by Anaksarawak > 2021-01-14 22:43 | Report Abuse

""JCY已为该新客户投入大量资金和资源,并正在提高某些组件的产量,其中包括一系列新的产品。""

Already got New customer..!
Tesla?
Apple?
Honda?
Toyota?
Foxxconn?

pang72

49,192 posts

Posted by pang72 > 2021-01-14 22:55 | Report Abuse

Last QR was mentioned the order reduction so drop from 80c to 50c..

Today just to announce the new customer ramp up to compensate the order

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