Posted by meorwz > 2012-05-16 11:04 | Report Abuse

Hi bro Lamken, pls add me: mwz666.games@gmail.com. Thks

Posted by cfooyou > 2012-05-16 13:19 | Report Abuse

Hi lamkem,pls addme too!cfooyou@yahoo.com,Thanks

Posted by stocker > 2012-05-16 14:18 | Report Abuse

There should be excitement from 3pm onwards.
May the force be with you all.

Posted by rookiemy > 2012-05-16 14:23 | Report Abuse

SELLING RECOMMENDATIONS from Alliance 15 May 2012
JCY (5161) – Cut loss
JCY was recommended as a short term buy on 25 April at RM1.57 after breaking above the short term 30-day moving average with good volume. Since then, the price has failed to rally and moved downward. Yesterday, JCY dropped RM0.10 to close at RM1.37, which was below our initial stop loss level of RM1.40. Therefore, we recommend a sell for JCY to cut loss.


This is a typical example of a wrong TA call from a broker firm. The 30-day moving average @ 25 April should be RM1.25. On 25 April, the price traded beyond upper bollinger band (consider widely stretched at the time) with volume around 22m which was less than the previous day. It opened gap up @ 1.59 and closed@ 1.58 with a high of 1.62 and a low of 1.53. To me this is a sign of weakness as the price movement and closing indicated distribution or profit taking. Technically speaking, when the price is traded beyond upper or lower bollinger band especially when the upper and lower band are wide apart, there is a tendency for the price to move back towards the middle band. Since then the price had been moving south.

Buy @1.57 and cut loss @1.4 a loss of ~11% is really a violation of the principle Buy Low - Sell High.

Likewise for FA, OSK called to sell 30 Nov 2011 when a Buy should be called. We all knew, JCY was unaffected by Thai Flood whereas its competitors suffered heavy losses. Common sense will tell you JCY, being unaffected, surely will benefit from it all. Yet OSK called to sell JCY.

Be it FA or TA, when misinterpreted could result in losses.

All this said and done, we should be doing our homework before entering our trade. Hope this help.

Posted by tasoke > 2012-05-16 14:28 | Report Abuse

Reserch house ask u to buy high sell low lah!

Posted by rookiemy > 2012-05-16 14:29 | Report Abuse

stocker: North? South?

Posted by fairlady > 2012-05-16 14:35 | Report Abuse

Hi bro Lamken, pls add me also. julieho51@yahoo.com

Posted by bomblikeme > 2012-05-16 15:06 | Report Abuse

Research houses asked you to 'sell'..the one who write the post will 'buy' from you..haha..can't blame, Alliance Investment, how popular are they?

Posted by diablo88 > 2012-05-16 15:06 | Report Abuse

rebounding time....I heard my remisier saying that big fish are accumulating the next few days run up. Don't lose out ...

Posted by remng > 2012-05-16 15:15 | Report Abuse

Hi
JCY shows strength please email the info to me miccyn@gmail.com

Thank you very much

Posted by Jjtrader > 2012-05-16 16:26 | Report Abuse

JCY today extra strong almost the whole market drop but it still up, something brewing below. Guys watch out, 1 appetizer is on the way.

Posted by stocker > 2012-05-16 16:33 | Report Abuse

They need to show good sign to the press of cos they cannot make it drop today.

Posted by Jjtrader > 2012-05-16 16:38 | Report Abuse

big fish are eating JCY now . Yeah JCY GO GO GO shows some co our pls.

Posted by diablo88 > 2012-05-16 16:42 | Report Abuse

those who didn't buy today will regret tomorrow. :-)

Posted by cheese > 2012-05-16 16:42 | Report Abuse

support jcy

Posted by ymj1016 > 2012-05-16 16:43 | Report Abuse

Tighten your seat belts, it's gonna fly tomorrow!!

Posted by diablo88 > 2012-05-16 16:44 | Report Abuse

the volume speaks for itself.

Posted by alntm > 2012-05-16 16:52 | Report Abuse

if any dividends, will they declare on same day as q rpt or few days after?

Posted by diablo88 > 2012-05-16 16:58 | Report Abuse

Lamken, so can you share what is appetizer 1 now?

Posted by Jjtrader > 2012-05-16 17:00 | Report Abuse

Normally will declare at the same day together with quarterly results.

Posted by rookiemy > 2012-05-16 17:21 | Report Abuse

didn't hit my target entry price. lets see how it goes tomorrow.

Posted by Jimmie Song > 2012-05-16 21:23 | Report Abuse

Hi Mr Lamken,please add me also. jimmiesong@gmail.com Thanks

Posted by gohshiau > 2012-05-16 21:48 | Report Abuse

Mr.Lamken, appreciate your contribution to this forum, please add me too TQ!

Posted by Ana Maria > 2012-05-16 21:50 | Report Abuse

pl add me too. anamaria10101@yahoo.com TQ

Posted by meljohn > 2012-05-17 01:20 | Report Abuse

Mr Lamken,Appreciate you time and information,Please share
with me your information.I hope to gain more knowledge for you. My E-mail
meljohnsg@yahoo.com

Posted by charlie chia > 2012-05-17 07:26 | Report Abuse

http://www.btimes.com.my/Current_News/BTIMES/articles/20120517001215/Article/index_html

Posted by usry > 2012-05-17 07:47 | Report Abuse

that a good news..so this will send the JCY price higher from current level..

Posted by alntm > 2012-05-17 08:01 | Report Abuse

thats not half of it. after nice last quarter rpt, shares bulled, in spite of warrants. interesting to see how far it can go now, no warrants in near term step around... :)

Posted by Jjtrader > 2012-05-17 08:20 | Report Abuse

And this time Q2 dividends pay out should be more than 40 millions ( > 2 cents per share )

Posted by Jjtrader > 2012-05-17 08:22 | Report Abuse

That means JCY's Q2 result is around 180 millions and the 1 st appetizer is something about China factories.

Posted by usry > 2012-05-17 10:06 | Report Abuse

Jjtrader: what do u means about china factories? burn..? explode.. or forces to close..hehehe

Posted by Jjtrader > 2012-05-17 10:06 | Report Abuse

Today JCY's strong road block at RM 1.55 (10565) and RM 1.56 (10215). Can it clear the resistance and continue the journey ??

Posted by bomblikeme > 2012-05-17 10:11 | Report Abuse

News is up that their China 2nd Plant is up and running, and expect more efficiency in their production in China..

Posted by usry > 2012-05-17 10:13 | Report Abuse

bomblikeme: thanks for the info.. u are very efficient in news like CNN and TB 3,...hahaha

Posted by Jjtrader > 2012-05-17 10:14 | Report Abuse

The announcement is about the second factory in China officially operating. This second factory is about 3 time the size of 1st factory. Is about 237000 sf. they spend about 45 millions to get the factory done.

Posted by ymj1016 > 2012-05-17 10:15 | Report Abuse

http://www.thesundaily.my/news/381242

Posted by diablo88 > 2012-05-17 10:41 | Report Abuse

1. can you imagine what will the future profit like with 3 times of the size of current output? Maybe more
2. Can you imagine with such capabilities, Seagate might gave out the LTA to JCY soon

Posted by Jjtrader > 2012-05-17 10:41 | Report Abuse

will the cowboys sell down JCY tmr after the announcement of the Q2 result like Q1 ?? any comments ??

Posted by gohshiau > 2012-05-17 11:03 | Report Abuse

Jjtrader: may be Mr.Lamken can give us the answer.....but now he is "missing".....

Posted by usry > 2012-05-17 11:08 | Report Abuse

too many controversy la..

Posted by lamken > 2012-05-17 11:08 | Report Abuse

Exactly the question I have been waiting for. More details on appetizer 1 will be provided tonight. And no it got nothing to do with Q2 announcement or factory in China. All I can say for now is as of tommorrow, the cowboys strangle hold on this counter will be over.

Posted by ymj1016 > 2012-05-17 11:08 | Report Abuse

Diablo: If you are JCY top management, will you spend so much putting up a new factory when the LTA is not confirmed? My guess is that, they already got it in hand, just yet to announce to public only. Profit will sure be maintained if not increased (discounted by the fact that the HDD prices are getting lower back to pre-flood level)

Posted by alntm > 2012-05-17 11:09 | Report Abuse

jj - dividend declaration + company direction and performance, will help support price further. to how much extent depends on what is reported.

Posted by usry > 2012-05-17 11:09 | Report Abuse

so.. u means tomorrow will be MEGA salE..?
need further comment.. appreciate it..

Posted by ymj1016 > 2012-05-17 11:16 | Report Abuse

Lamken: Really cannot wait for the details tonight. Will you email to us as usual? Thanks for all your info & efforts!

Posted by snsee > 2012-05-17 11:16 | Report Abuse

Happy to see Lamken is back to the forum!

Posted by alntm > 2012-05-17 11:25 | Report Abuse

usry - i don't think there will be a mega sale. there will be ur usual contra kaki's but over-all i thk price will still be holding or trending due to earnings and dividends. just my opinion.

Posted by mmeg > 2012-05-17 11:29 | Report Abuse

Hi Mr. Lamken, I have been reading this forum for sometime now. And I have always valued your postings and others too. You have been a very useful source. Today i registered in this forum just to provide you my email so that you will not count me out on your "knowledge sharing". My email is mmariasusai@yahoo.com. Cheers to all the postings shared so far

Posted by NKN1 > 2012-05-17 11:34 | Report Abuse

Mr Lamken? any chance of JCY being taken private? delisted? is that what you meant by " the cowboys strangle hold on this counter will be over"

Posted by Steven Lee > 2012-05-17 11:36 | Report Abuse

dear lamken, pls include me as well, email: emtiness2006@yahoo.com