Back in Sep 2020, the ED said the worst was over. The co's share flied and co's staff started exercising ESOS. The latest qtr result show the co even barely broke even with gross loss and blames the forex loss for the reason. Was it planned from the beginning? Management's integrity is in doubt.
Cash flow and balance sheet still very strong despite the poor qr. The management needs to work on bringing in additional external customers and stop issuing ESOS every now and then. Frustrating af. Haihh
Let see how the price whether can hold at 0.4 and above. If not, the next correction will be look at 0.3. I still have good hope on this stock because its potential to diversify into other technology segment. Let see today closing.
Still good, have strong buying at 0.38. Secondly closing around 0.4. Let continue evaluate what closing price for next monday. If next monday closing price cannot sustain 0.40, then the stock will seek next lower supporting point.
0.38 still sustainable. Not bad at all. Let see the price moving on 2nd half. Hope can stay above 0.39 to determine the correction almost end up or not.
JeffBez88 0.38 still sustainable. Not bad at all. Let see the price moving on 2nd half. Hope can stay above 0.39 to determine the correction almost end up or not. -------------------------- the uptrend is gone. wake up
Tonight US stock rebound 1%. This positive news able to pump up JCY price to at least 0.4 tomorrow. This is my personal perception, whoever do not accept, hope not give too pessimistic outcome or comment into this JCY blog. Tq.
If you look back most of the good company when the share price drop normally they will stop at 70%+-. Before strong rebound. I mean you take the peak (top) RM0.865 minus 70% = RM0.255.. Normally is chance to collect or wait at RM0.255-0.290. I will open my mouth & wait for people throw to me this price
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....
Mandyfung
26 posts
Posted by Mandyfung > 2021-02-25 13:42 | Report Abuse
JCY worth to invest . Awaiting your rebounding soon.