JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.735

Today's Change

+0.04 (5.76%)

Day's Change

0.71 - 0.755

Trading Volume

82,385,300


65 people like this.

18,367 comment(s). Last comment by FortuneBlooming 1 minute ago

white7012

76 posts

Posted by white7012 > 2021-01-20 10:31 | Report Abuse

please don't put old new and show like got news

Posted by Anaksarawak > 2021-01-20 15:33 | Report Abuse

Useless company and management team..
白拿薪水的一群

sprite_888

155 posts

Posted by sprite_888 > 2021-01-20 15:52 | Report Abuse

will JCY drop below 0.480? Seem the support is 0.480, correct me if i wrong.

white7012

76 posts

Posted by white7012 > 2021-01-20 16:04 | Report Abuse

they get salary from trap people in the share, nice job... i think will easily drop below 48

white7012

76 posts

Posted by white7012 > 2021-01-20 16:05 | Report Abuse

how many buyers stack there also same, left hand to right hand

bowman

2,551 posts

Posted by bowman > 2021-01-20 16:14 | Report Abuse

No way this stock will fly like last year. There simply are no incentives and with the MCO, production will be affected

white7012

76 posts

Posted by white7012 > 2021-01-20 16:43 | Report Abuse

is the banker or boss no intention to fly the share, if want fly won't released such bad new after the day spike up with volume . they just want to pakat with ibank and sell off their share only .

kahsoon888

711 posts

Posted by kahsoon888 > 2021-01-20 16:45 | Report Abuse

The one day spike very obvious is a trap...They will not push up again in near future. Next QR u will see the profit

white7012

76 posts

Posted by white7012 > 2021-01-20 16:47 | Report Abuse

spike with volume give hope to retailers, timing very good, but 1 day show only, really useless boss

Posted by Anaksarawak > 2021-01-20 17:45 | Report Abuse

This year company said got impairment loss already..wtf... dividend no..real profit no.. business no.. ESOS got .. impairment loss got..reversal impairment got... totally rubbish company

Posted by Anaksarawak > 2021-01-20 17:46 | Report Abuse

This call turn around company..? Bxllshxt

Superb99

6,589 posts

Posted by Superb99 > 2021-01-20 17:47 | Report Abuse

turnaround to longkang

Posted by Anaksarawak > 2021-01-20 17:48 | Report Abuse

Pandai use ESOS turn money to own pocket..?? LoL

NIWV

424 posts

Posted by NIWV > 2021-01-20 17:56 | Report Abuse

Don't be surprise if JCY rebound tomorrow..

SuperPanda

11,421 posts

Posted by SuperPanda > 2021-01-20 18:04 | Report Abuse

ask to cut loss above .50, now continue losing, even if you think its going to reverse, wait until reversal trend only buy, should cut your loss small

btw, i do survey for new laptop today, it come to my surprise that almost all laptop now using SSD

no wonder customer cancel order

Joyce126

627 posts

Posted by Joyce126 > 2021-01-20 19:15 | Report Abuse

Cheap technology stock
Net cash
Growing co.
Need to hold min 6 months
Good luck and sure will make money

Carl99969

22 posts

Posted by Carl99969 > 2021-01-20 21:57 | Report Abuse

So, next month go lower, after 6 months later only make money?

white7012

76 posts

Posted by white7012 > 2021-01-21 08:58 | Report Abuse

stack at support level 0.48 and 0.485 for what , u think kindergarden student don't know what is your tartic ar?? lol. double bottom , u think so good want rebound at support level give retailer run meh

white7012

76 posts

Posted by white7012 > 2021-01-21 08:59 | Report Abuse

please dont stack there, just dump to 20 sen , see how your company will change . lets see

white7012

76 posts

Posted by white7012 > 2021-01-21 09:22 | Report Abuse

if want see jcy come or not very easy , will straight away eat up at least 3 bit and wont throw down within 10 min. this stock banker only got 1 type only , thats y say him low skill

white7012

76 posts

Posted by white7012 > 2021-01-21 10:23 | Report Abuse

prepare to break down 0.48 sen soon, they cant tahan already

white7012

76 posts

Posted by white7012 > 2021-01-21 15:58 | Report Abuse

4pm already, where are you ? basket order ? where

james8888

49 posts

Posted by james8888 > 2021-01-21 18:02 | Report Abuse

Just hold this mco until cny. I will fly again

white7012

76 posts

Posted by white7012 > 2021-01-22 09:43 | Report Abuse

within 10 min , then die again,lol same pattern. they change hand like this already know gone case

Nancy Boon

183 posts

Posted by Nancy Boon > 2021-01-22 09:45 | Report Abuse

james8888
really it will come back then I hold

white7012

76 posts

Posted by white7012 > 2021-01-22 11:32 | Report Abuse

keep??!! see will break down 0.48 only justified.

Posted by druggy8989 > 2021-01-22 13:58 | Report Abuse

Cut loss already :(.

They lost 1 major customer, previous financials good because of the reversal of impairment. Too much opportunity cost will be lost if continue to hold.

Good luck to all that is holding.

white7012

76 posts

Posted by white7012 > 2021-01-22 15:43 | Report Abuse

48 48 faster break down , basket order please . you already no ability to change hand at higher price already

skygazer

345 posts

Posted by skygazer > 2021-01-22 16:49 | Report Abuse

next week fly

SuperPanda

11,421 posts

Posted by SuperPanda > 2021-01-22 16:52 | Report Abuse

the rest tech already shoot the moon, this tech dive into water find fish

cant u smell the fishy?

white7012

76 posts

Posted by white7012 > 2021-01-22 16:52 | Report Abuse

fly down lo

white7012

76 posts

Posted by white7012 > 2021-01-22 17:01 | Report Abuse

jcy only acting as tech stock , they don't have any technical advantage

Posted by FlyingElephant > 2021-01-23 09:35 | Report Abuse

Reported by the edge this weekend..that's why the fly down..

News about JCY losing a major customer has put investors on the alert. There are concerns that a scaling back on buying by HDD producers as they embark on a rationalization of their supply chain may hurt the market.

Apart from JCY, two others listed HDD players are DUFU and Notion.

Industry observers are of the view that JCY’s announcement does not reflect the situation in the entire HDD market, citing competition and pricing as possible reasons for the JCY customer’s decision.

It is worth noting that there are various mechanical components in HDDs, with JCY mainly involved in producing base plates while DUFU and Notion manufacture disk spacers. The components are then supplied to three HDD giants, namely Seagate, Western Digital and Toshiba.

Market observers say the advantage enjoyed by DUFU and Notion is that demand for disk spacers increases in tandem with storage capacity. That is why observers see healthy growth for the next two years from Jan 2021 at least, especially enterprise servers for cloud computing in a post pandemic.

However for base plates, in which JCY has a presence – the growth goes in tandem with the unit of shipment which has been falling over the years because low end HDDs are being replaced by SDDs which a are faster, lighter, more durable and consume less energy.

The unit of shipment for HDDs is down 10% every year. Now (Jan 2021) we don’t talk about the unit of shipment but it is calculated based on the amount of storage which has been growing 30% per year since 10 years ago.

The storage growth will be even higher in the next five years from Jan 2021 driven by the work from home arrangements because of the pandemic. Technological advancements such as 5G will also spur the expansion in the HDD segment.

Exponential growth in data gas prolonged the life span of HDDs. As such HDD component manufacturers are focusing on higher end HDDs catering for enterprises.

Whole SSDs are seen as a threat for HDDs observers think that more time is needed for the SSD segment to catch up, on the back of huge investment cost involved. Despite the SSD price coming down in the past two years the cost of ownership for a higher version of HDD is still 10x cheaper than that of SSD.

Overall industry players do not foresee a structural change to the HDD segment, as demand from enterprise sector is still growing, albeit with shrinking orders from the consumer side.

Enterprise hubs such as Google will not choose to change to SSDs entirely because of the cost efficiency consideration. It is not just about the storage issue but they have to take into account other factors such as electricity voltage and backup system. Observers do not think the price gap between HDDs and SSDs will be closed anytime soon.

Enterprise HDDs will continue to be the target market for HDD component manufacturers. And it will tough for these manufacturers to venture into the SSD market due to the huge differences in internal components.

The HDD segment contributes 80% to Taiwan’s DUFU top line.

JCY loss of its major customer is expected to have a negative impact on its financials with possible impairment provisions for FY2021. In response it said a major realignment of its customer base has commenced.

Currently only 40% of Notion top line is derived from HDD business.

skygazer

345 posts

Posted by skygazer > 2021-01-23 12:55 | Report Abuse

@FlyingElephant true, also keep in mind about cloud computing. Majority of servers in data centers will continue to use HDDs instead of SDDs due to cost and storage capacity. With the cloud storage boom in coming years, there's going to be huge demand for HDDs. SDDs may be dominant among conventional purposes for general customers. HDDs will be predominant in data centers. It's a major shift but HDDs aren't going away anytime soon.

TunPika

486 posts

Posted by TunPika > 2021-01-25 10:11 | Report Abuse

Down and down!!!!! What happen?

914601117

541 posts

Posted by 914601117 > 2021-01-25 10:36 | Report Abuse

20/3/2020 i bought at RM0.15

white7012

76 posts

Posted by white7012 > 2021-01-25 10:37 | Report Abuse

already said boss wan dump share and the edge already said not no market, is jcy not in competitive advantage

white7012

76 posts

Posted by white7012 > 2021-01-25 10:38 | Report Abuse

now how much you put also no used, cause they will dump till 30sen

B4b4

7,578 posts

Posted by B4b4 > 2021-01-25 10:49 | Report Abuse

I park my money here. Very Cash Rich. Very small borrowings. Good revenue. One major customer go out, ten small customers come in.

Tesla

905 posts

Posted by Tesla > 2021-01-25 10:54 | Report Abuse

Die lo.. Go down to drain! Shit company....10 cents company soon...

Posted by SumaInsider > 2021-01-25 11:07 | Report Abuse

Still there are newbies think JCY will gap up or rebound...this con stock will end up at 0.20 level..

Posted by SumaInsider > 2021-01-25 11:07 | Report Abuse

How are you doing James 8888?

white7012

76 posts

Posted by white7012 > 2021-01-25 11:22 | Report Abuse

cash rich ???!! which tech stock not cash rich, for jcy got cash also dont know how to use. they will soon try to turn the cash to some "tricky investment" , lol

Gala Kat

904 posts

Posted by Gala Kat > 2021-01-25 12:14 | Report Abuse

white7012 now how much you put also no used, cause they will dump till 30sen
25/01/2021 10:38 AM

They told you... the sellers ???

Posted by mataitajin > 2021-01-25 12:39 | Report Abuse

mana pergi fair value 1.35 huhu..

Posted by SumaInsider > 2021-01-25 14:15 | Report Abuse

Forget about fair value..somebody still think this stock can gap up ..hahahahahahaha

SuperPanda

11,421 posts

Posted by SuperPanda > 2021-01-25 14:38 | Report Abuse

if listen at .50, how much you will save your money.. when next qtr earnings lower or -ve, game over

dont you know thailand baht value drop against rm for many months? that means... profit will even be less than prev qtr

TunPika

486 posts

Posted by TunPika > 2021-01-25 15:46 | Report Abuse

Strong support where??????

TunPika

486 posts

Posted by TunPika > 2021-01-25 15:47 | Report Abuse

Aiyoyoyo

Ziko Ro

1,172 posts

Posted by Ziko Ro > 2021-01-25 16:05 | Report Abuse

Will dive to the bottom of the sea

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