JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.41

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.42

Trading Volume

8,440,300


67 people like this.

20,113 comment(s). Last comment by EngineeringProfit 4 hours ago

calvintaneng

56,242 posts

Posted by calvintaneng > 2 months ago | Report Abuse

Good news for Jcy and Dufu

Their parts are exported by Seagate world wide

https://www.datacenterdynamics.com/en/news/crusoe-confirms-plans-for-200mw-ai-data-center-in-texas/

Profit101

59 posts

Posted by Profit101 > 2 months ago | Report Abuse

strong support ,relax guys

flyhub888

549 posts

Posted by flyhub888 > 2 months ago | Report Abuse

any news on jcy is supplier for seagate? calvintaneng i hope this is not an assumption

mf

28,757 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

speakup

26,858 posts

Posted by speakup > 2 months ago | Report Abuse

this is Casino De Bursa lah, not USA lah.
why bring up USA?

Posted by FortuneBlooming > 2 months ago | Report Abuse

Lee Chee Wee:
"At support levels 0.67-0.685. Strong buy now. Next week will rebound."

very smart very strategic thinking

if only many many many more investors are like you, always looking to chase low instead of hesitating waiting no end for chasing high panic buying high

Oliver Ooi

232 posts

Posted by Oliver Ooi > 2 months ago | Report Abuse

all ran? lol, patience is key. the more volatile the greater return, the management already given hint the upcoming QR will be greater than current.

ChloeTai

1,443 posts

Posted by ChloeTai > 2 months ago | Report Abuse

@Vicky, I think you could be a teacher. Your English is so good and there is no type error.

flyhub888

549 posts

Posted by flyhub888 > 2 months ago | Report Abuse

no one cn answer how to knw seagate are jcy customer ? no news ?

Posted by FortuneBlooming > 2 months ago | Report Abuse

flyhub88:
"no one cn answer how to knw seagate are jcy customer ? no news ?"

okay, mr flyhub88, I have five suggestions for you

1. get yourself up to speed on something called "dyor", sometimes also called "dyoh", it's very good

2. ask uncle google

3. look for posts or blogs written by mr kkwong13 or mr calvintaneng

4. call up jcy office, introduce yourself as a big shot tycoon minority shareholder, then ask to speak to their investor relations officer

5. call up seagate office, introduce yourself as a big shot tycoon minority shareholder, then ask to speak to their investor relations officer

Posted by investor2021trading > 2 months ago | Report Abuse

NickelLee. Publish date: Fri, 07 Jun 2024, 01:07 AM
JCY (5161) If BIG Brother Does Well, So Should Little Brother
If the share prices of Western Digital (WDC) and Seagate Technology (STX) on Nasdaq is doing well, there is no reason to think that share prices of JCY International (JCY) should do any lesser. The logic, simply because JCY's business well-being is highly corelated to its customers WDC and STX since they co-exist within the same value chain. As much as WDC and STX are both very important customer of JCY, no-one should discount this business link.
Yes, JCY will continue to outperform as this is only the beginning. How?
1. Second half of 2024 results are expected to be better than First Half as confidently guided by management in their result review and commentary in May.
2. Operational Leverage and Economies of Scale for JCY is Much Greater Than its customers'. At slightly below 50% plant utilization rate, JCY has already clocked in RM5.34mn in net profit. Ask any production manager or factory owners what importance is when manufactures goods get pass breakeven utilization rate. When utilization rate surpasses breakeven level, profits can flow in exponentially with every improvement in utilization rate (also known as economies of scale).

flyhub888

549 posts

Posted by flyhub888 > 2 months ago | Report Abuse

ahh so no solid ans for news for jcy lol..

Posted by FortuneBlooming > 2 months ago | Report Abuse

flyhub888:
"ahh so no solid ans for news for jcy lol.."

aah, welcome to the real world, kid

that's why you gotta start learning to do your own research (dyor) or do your own homework (dyoh), cos not many guys would likely be doing that for you, except maybe when they're in supergreat mood

while mr investor2021trading has even given you some good leads, but still they seem to have all gone completely over your head

just shows it all, about how lazy you are, you just want someone to spoonfeed everything to you, or hand everything to you on a platter

sorry dude, better start working harder if you genuinely want to succeed

chamlo

1,264 posts

Posted by chamlo > 2 months ago | Report Abuse

Nvidia down USD 3.16(on Friday) nobody talk? When Nvidia up promoters will say JCY must follow how about when Nvidia down?

mf

28,757 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,287.53

-377.49

0.92%

Nasdaq

NASDAQ Composite

17,726.94

-144.28

0.80%

speakup

26,858 posts

Posted by speakup > 2 months ago | Report Abuse

mf want to buy cheap. dont sell to mf cheap

Posted by StartOfTheBull > 2 months ago | Report Abuse

Funny guy, everytime US market down he posted index to every forum that he had intention to buy. Upon price higher than the price he bought he will write "take profit." 🤣

speakup

26,858 posts

Posted by speakup > 2 months ago | Report Abuse

he want ppl to sell so can buy cheap mah
then when up, he sell so want u to sell also mah so his buying is lowest and selling is highest lor

Vicky

1,568 posts

Posted by Vicky > 2 months ago | Report Abuse

The market in Malaysia is affected by US market. Therefore it is very important to observe the development in US. With Biden retreat and allow Kamala Hamas to take over we hope to see improvement in the US market. Why US ? Cause US is the largest economy and their demands will affect the stock market gobally. Bear in mind all the data center parent companies are all from US.

Ravetidus

136 posts

Posted by Ravetidus > 2 months ago | Report Abuse

Good morning fellow investors, for those that listened to my advice n didnt not chase high, congrats to you

Posted by Superlimit77 > 2 months ago | Report Abuse

Weiiii...said before wait until 0.640..if can....wakakkakakakaka

DickyMe

14,774 posts

Posted by DickyMe > 2 months ago | Report Abuse

35 sen coming soon!

liferosak

23 posts

Posted by liferosak > 2 months ago | Report Abuse

tp 270

Posted by smartinvest123 > 2 months ago | Report Abuse

Seagate Technology Holdings PLC Ordinary Shares (Ireland) is expected* to report earnings on 07/23/2024 after market close.

Posted by smartinvest123 > 2 months ago | Report Abuse

The report will be for the fiscal Quarter ending Jun 2024. According to Zacks Investment Research, based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $0.6. The reported EPS for the same quarter last year was $-0.29.

Posted by FortuneBlooming > 2 months ago | Report Abuse

big cap stocks either gone or going into overbought territory, gamuda downgrade by kenanga = first signal

https://www.freemalaysiatoday.com/category/highlight/2024/07/19/gamuda-downgraded-despite-bagging-rm5bil-aussie-job/

small cap stocks especially AI/dc theme counters gone or going into oversold zone

make your best most prudent choices, guys

not a sell or buy call, nevertheless

HorseyKL

88 posts

Posted by HorseyKL > 2 months ago | Report Abuse

JCY green jor

XenDee

175 posts

Posted by XenDee > 2 months ago | Report Abuse

dapat gak sauk bwah tadi...huhu

Ravetidus

136 posts

Posted by Ravetidus > 2 months ago | Report Abuse

ppl accumulating due to Seagate reporting result soon, if good then JCY fly, if bad then JCY menjunam

goodluck to all the fellow investors here

adheree

29 posts

Posted by adheree > 2 months ago | Report Abuse

nice back to green again

paulthesotong

2,777 posts

Posted by paulthesotong > 2 months ago | Report Abuse

DBT 40M at 77sen,

sell

2,456 posts

Posted by sell > 2 months ago | Report Abuse

2024-07-22

Insider

MR YONG YOONG KIONG (a substantial shareholder) disposed 40,000,000 shares on 15-Jul-2024.

2024-07-22

Insider

MISS CHERYL YONG SUNN SUNN (a substantial shareholder) disposed 40,000,000 shares on 15-Jul-2024.

2024-07-22

Insider

MADAM LIEW WAN (a substantial shareholder) disposed 40,000,000 shares on 15-Jul-2024.

2024-07-22

Insider

YKY INVESTMENT LTD (a substantial shareholder) disposed 40,000,000 shares on 15-Jul-2024.

2024-07-22

Insider

MR JEREMY YONG WEI QUAN (a substantial shareholder) disposed 40,000,000 shares on 15-Jul-2024.

sell

2,456 posts

Posted by sell > 2 months ago | Report Abuse

I3 members new boss? Can they run JCY?

Vicky

1,568 posts

Posted by Vicky > 2 months ago | Report Abuse

By disposing the shares it does not mean that is the end of the company. In fact they will be other investors that will buy and shore up the price higher than the price they sell. As long as the company results are goods its shares will continue to stay higher.

Posted by NatsukoMishima > 2 months ago | Report Abuse

40m , 40m shares dumped like no tomorrow!

Anw412

128 posts

Posted by Anw412 > 2 months ago | Report Abuse

It was DBT. not dumping to retailers.. meaning someone acquired the shares directly from owner.. and it's just 40mils from their holding company YKY.. not 200M in total.

sell

2,456 posts

Posted by sell > 2 months ago | Report Abuse

I3 members not say TP RM 1 until RM 2? Owner should buy more.

newbie5354_

1,284 posts

Posted by newbie5354_ > 2 months ago | Report Abuse

How about owner buy ESOS 25 sen 4 million or 40 million shares possible? Owner know there are people willing to pay 70-80 sen so can make easy profit?

bryan2003

70 posts

Posted by bryan2003 > 2 months ago | Report Abuse

Each coin has 2 faces. One side is the owner selling (it seems like negative) but another side of the coin is the buyer feel the company has greater potential and they are willing to use 0.75-0.79 price to buy from the owner. It cost RM30M+ not small amount.

Posted by FortuneBlooming > 2 months ago | Report Abuse

"newbie5354_:
"How about owner buy ESOS 25 sen 4 million or 40 million shares possible? Owner know there are people willing to pay 70-80 sen so can make easy profit?"

okay la bro, since you still wanna be crying weeping whining whingeing non-stop about this esos thing

how about you call up jcy office soon, and offer yourself to work as a worker there

whether blue collar, or white collar, or brown collar or whatever

then you can just bide your time, wait for the next esos

but you have to work hard, every hour of every day, every day of every week, every week of every month, and so on

you cannot be just lazy curi tulang all the time like you in jcy forum, simply asking dumbo arso questions all the frekkin time but not doing much constructive work to help sustain or boost jcy price, or else you gonna get the sack within a week ha ha ha😂

Posted by FortuneBlooming > 2 months ago | Report Abuse

bryan2003:
"but another side of the coin is the buyer feel the company has greater potential and they are willing to use 0.75-0.79 price to buy from the owner. It cost RM30M+ not small amount."

yep, for a brave daring player with big very big cap, playing a volatile penny stock with strong upside could be just like a dream, they simply have a good time riding on volume

like if he bought 40 mil units (40,000 big lots) @70 sen today, it would cost him only rm28 mil

then for every sen up he's gonna make rm400k gain, if 10 sen up he makes rm4 mil gain

Posted by FortuneBlooming > 2 months ago | Report Abuse

Nvidia developing new version of flagship AI chip

https://theedgemalaysia.com/node/719877

Superich

21 posts

Posted by Superich > 2 months ago | Report Abuse

The DBT is most likely done with a fund manager

badrul1970

160 posts

Posted by badrul1970 > 2 months ago | Report Abuse

hoping for strong reversal today 💪

Anw412

128 posts

Posted by Anw412 > 2 months ago | Report Abuse

ESOS is non issue for me because for the last agm, Jan 2024 the comp only approve around 3 Mils.
The big ESOS around 60Mils was awarded during 2018 agm, which i believe mostly already exercised by the recipients.
Even after DBT of 40 Mils the owner still hold 63% of the company.
And i truly believe next Qr report will be good and will provide the catalyst to push the price beyond RM 1.
TAYOR

flyhub888

549 posts

Posted by flyhub888 > 2 months ago | Report Abuse

chayo chayo

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