Posted by kevin008 > 2017-03-23 17:54 | Report Abuse

Result out ..no so good due to forex loss n additional bonus ..

Posted by anicca > 2017-03-23 18:12 | Report Abuse

:( downtrend soon. . ......

Posted by john doe > 2017-03-23 18:13 | Report Abuse

The result is actually not bad. "The PBT for the current quarter is lower than the last quarter due to the determination of additional bonus in January 2017 in respect of the financial year ended 31 July 2016."
Dividends paid to shareholders of the Company is 13.676m (10 cents div) VS 5.471m previously (4 cents div).

*The renewable energy segment has finally turnaround with PBT RM0.3 million for the current quarter compared to PBT RM0.2 million in the previous year corresponding period. The improvement was attributable to better operational efficiency and cost controls.

Posted by kevin008 > 2017-03-23 18:32 | Report Abuse

yes revenue so high..suppose top profit one ..seem like additional bonus was huge impact

Posted by abangadik > 2017-03-23 18:40 | Report Abuse

Hope this will trigger downtrend further and create a nice base for entry..:D three more quarter until dividend out..

Posted by lazycat > 2017-03-23 18:46 | Report Abuse

JAYCORP BHD , jay chou , jay chou japanese name is 东尼大木 ， 大木 ， 木 ， jaycorp bhd sell woods , it is a coincidence? ... Illuminati confirmed.

Posted by Yap Yangg > 2017-03-23 19:37 | Report Abuse

"The turnover and PBT for the current quarter were higher than the previous year corresponding period mainly due to higher turnover and improved market conditions," the group said.

Posted by john doe > 2017-03-23 19:43 | Report Abuse

I don't think the price will drop as organic growth is still intact. Most likely it will just consolidate around 1.36 - 1.39... Of course, you can't expect it too skyrocketing unless Alibaba wants to venture into Furniture manufacturing... haha... Insiders were not selling (much) too. Usually, insiders will have reacted ald at the afternoon of the Q result release day.

Posted by Yap Yangg > 2017-03-23 19:49 | Report Abuse

Actually what does it mean by additional bonus? is it meant for director and employee one?

Posted by shortinvestor77 > 2017-03-23 20:17 | Report Abuse

I think so. Most probably Jay Corp is confident with the future and need to reward directors while keeping staff esp foreign labours (earn less due to weak currency) to continue with furniture business.

Posted by shortinvestor77 > 2017-03-23 20:24 | Report Abuse

See Liihen had spent a lot to allocate bonus for its staff.

Posted by SpaceNeedle > 2017-03-24 08:54 | Report Abuse

Other than additional bonus payments may impact the profit, the most significant factor to bring Q2 profit down was loss on derivatives. Wonder why this didn't be mentioned in the "performance review" in the report?

Posted by kevin008 > 2017-03-24 10:28 | Report Abuse

awarded 16.7m construction contract only recognized 2m for Q1 and Q2..Foresee huge recognized will be coming Q3 n Q4

Posted by shortinvestor77 > 2017-03-24 11:34 | Report Abuse

KUALA LUMPUR (March 23): Jaycorp Bhd's net profit in the second financial quarter ended Jan 31, 2017 (2QFY17) contracted by 24.3% to RM4.63 million from RM6.11 million a year earlier due to lower operating profit, according to the company's filing with Bursa Malaysia this evening.

Jaycorp's revenue in 2QFY17, however, grew 5.4% at RM79.56 million from RM75.48 million in 2QFY16. The company's operating profit was lower at RM6.93 million versus RM9.12 million a year ago.

For the cumulative six months of FY17 (1HFY17), Jaycorp's net profit fell 12.7% to RM10.09 million from RM11.56 million in 1HFY16, whereas revenue was marginally higher by 1% at RM153.64 million versus RM152.17 million last year.

"The furniture industry remains the group's core business. The group will continue to focus on controlling cost structure and exploring new markets for products in order to achieve better profits and business growth," it said on outlook.

The furniture segment generated revenue of RM64.1 million compared with RM62.4 million, and profit before tax (PBT) RM7.9 million in the quarter under review compared with RM10 million a year ago.

The lower PBT was mainly due to a decision in January 2017 on additional bonus payments for the financial year ended July 31, 2016.

The kiln-drying segment, meanwhile, posted revenue of RM11.5 million and PBT of RM1.3 million as compared to revenue of RM9.4 million and loss before tax of RM40,000 a year earlier.

"The turnover and PBT for the current quarter were higher than the previous year corresponding period mainly due to higher turnover and improved market conditions," the group said.

The carton boxes segment contributed RM8.8 million in revenue and PBT of RM600,000 in 2QFY17 versus revenue of RM8 million and PBT of RM700,000 a year ago.

The renewable energy segment, on the other hand, contributed RM2.4 million in revenue and RM300,000 in PBT, from revenue of RM2.1 million and loss before tax of RM200,000 last year, on better operational efficiency and cost controls.

As for the engineering and construction segment, it posted revenue of RM600,000 and loss before tax of RM100,000 in 2QFY17.

Jaycorp's share price settled 0.7% higher to close at RM1.39, bringing its market value to RM190.1 million.



http://www.theedgemarkets.com/my/article/furniture-maker-jaycorps-2q-profit-down

Posted by Patrick13 > 2017-03-24 14:46 | Report Abuse

Q217 revenue is 79.5 million, already the highest record in a single quarter. If we exclude forex impact, actually Q2 PBT is better than Q1. And read to the notes, USD borrowings also reduced from Q1 of RM4.1 million to Q2 of RM1.6 million, that's mean JayCorp already cleared more than half of USD borrowings in a quarter, while registered forex loss in Q2. Forex position should look more positive in Q3 or Q4 result..

Posted by Yap Yangg > 2017-03-24 22:49 | Report Abuse

@Patrick13 I like your analysis. I have omitted the decrease of USD borrowing. I believe this co. will getting better

Posted by Jackson Yuen > 2017-03-25 07:38 | Report Abuse

http://www.yieldmountain.com/2017/03/24/quarterly-result-malaysia-jaycorp-berhad-q2-fy17/

Posted by shortinvestor77 > 2017-03-26 16:22 | Report Abuse

Donald Thump has failed to get two of his ideas (ban extremist countries, healthcare bill) implemented. What do you think his probability to implement other policies (including protectionism) successfully?

Posted by Supertonic000 > 2017-03-30 07:12 | Report Abuse

Buy and sit...

Posted by john doe > 2017-04-10 15:40 | Report Abuse

"杰机构整体处于上升趋势

杰机构的股价表现，在2014年3月10日之前的至少1年半里，股价多在约50仙水平徘徊或横摆，直至2014年3月10日开始，其股价走势才出现较为波动的升势，直至2017年3月13日为止已扬升至1令吉37仙水平，使过去3年来的升幅也相当可观。

总的来说，过去3年股价走势落在波动震荡格局，惟整体大势仍是处于上升趋势。这里未能确定其股价走势的原因。惟相信获得较好的基本因素如公司业务等因素的影响支撑。"

Posted by Patrick13 > 2017-04-12 09:23 | Report Abuse

Up!

Posted by shortinvestor77 > 2017-04-12 12:24 | Report Abuse

Good sign.

Posted by Yap Yangg > 2017-04-12 19:10 | Report Abuse

what happen? suddenly got goreng pisang here?

Posted by shortinvestor77 > 2017-04-13 08:56 | Report Abuse

Waiting for Sabah Pan Borneo Highway Project.

Posted by kevin008 > 2017-04-13 14:55 | Report Abuse

sure or not woh..pan borneo so big project

Posted by Yap Yangg > 2017-04-13 15:30 | Report Abuse

wat? jaycorp in charge of infrastucture meh? since when?

Posted by shortinvestor77 > 2017-04-13 17:25 | Report Abuse

No body will get whole peace of the Project. Share-share lah for those tender.

Posted by john doe > 2017-04-20 17:06 | Report Abuse

I think operators have sapu almost all the necessary stocks to control the transactions and volume. Thus, prices will be easily manipulated with news and results. Hopefully, it will go north instead of south i.e. totally opposite end where too much retail buyers trapped.

Posted by shortinvestor77 > 2017-04-30 12:33 | Report Abuse

Pan Borneo development

One of the most significant of these projects is the Pan Borneo Highway, connecting the states of Sarawak and Sabah on the island of Borneo with Brunei Darussalam.

The government is currently finalising technical and financial aspects of route’s phase two construction, which is expected to begin in 2018 and will run from the towns of Limbang and Lawas in Sabah through Brunei to Sarawak in west Borneo.

All 11 works packages having been awarded for the Sarawak section, and five of the 35 contracts for the Sabah stretch are expected to be handed out later this year.

Posted by kevin008 > 2017-05-14 16:56 | Report Abuse

If u all have study the qtr rpt..the Kiln drying and RE segment already become profit compare to last year.
2016 whole year Kiln LBT 1.3m..PBT for q1&q2 1.9m
2016 whole year RE LBT 0.8m..PBT for q1&q2 0.6m
Beside the 16m(PATAMI 1m) construction still yet to recoganised profit..so far only capture loss 0.4m..so coming i forsee construction every qtr ard 0.3m profit.

Posted by john doe > 2017-05-15 22:12 | Report Abuse

Need to have holding power... This is not IWC.. haha

Posted by kevin008 > 2017-06-01 15:46 | Report Abuse

this dy push down so much..it time to rebound

Posted by Patrick13 > 2017-06-01 17:09 | Report Abuse

Assume this year dividend per share still 10 sen, means dividend yield is 7.94%!

Posted by kevin008 > 2017-06-05 22:33 | Report Abuse

result out soon woh..why still dun up haha
thinking top profit coming

Posted by john doe > 2017-06-13 16:56 | Report Abuse

Keeps pressing the price down...

Posted by kevin008 > 2017-06-14 21:52 | Report Abuse

Pohuat result very good..hopefully jaycorp follow

Posted by anicca > 2017-06-16 17:08 | Report Abuse

haizzzz........drop over 10% for past 2months

Posted by shortinvestor77 > 2017-06-16 22:07 | Report Abuse

US dollars is strengthening again due to Fed rate hike recently and soon, so JayCorp will go out again.

Posted by shortinvestor77 > 2017-06-16 22:08 | Report Abuse

Likewise for other export stocks. No worry.

Posted by john doe > 2017-06-17 08:10 | Report Abuse

Shortinvestor77 is everywhere with same post shout... lol

Posted by shortinvestor77 > 2017-06-17 17:34 | Report Abuse

Not exactly. only Hevea and JayCorp. No elsewhere. You can check. As these 2 is far undervalued, so I invested. Is it ok?

Posted by kevin008 > 2017-06-21 12:16 | Report Abuse

rubber wood stop export start from july ..good sign

Posted by Patrick13 > 2017-06-21 13:25 | Report Abuse

Hi Kevin008, where do you get the source regarding rubberwood stop export from July?

Posted by kevin008 > 2017-06-21 14:20 | Report Abuse

i post at pohuat..dun know why here cant copy paste zzz
u go there see ..nanyang news

Posted by kevin008 > 2017-06-21 14:22 | Report Abuse

u help me copy paste here zzz... stupid i3

Posted by Patrick13 > 2017-06-21 15:45 | Report Abuse

http://www.enanyang.my/news/20170620/%E9%A9%AC%E8%A2%96%E5%BC%BA%E7%BA%BE%E7%BC%93%E5%AE%B6%E5%85%B7%E4%B8%9A%E5%8E%9F%E6%96%99%E7%9F%AD%E7%BC%BAbr-%E4%B8%8B%E6%9C%88%E8%B5%B7%E6%9A%82%E5%81%9C%E5%87%BA%E5%8F%A3%E6%A9%A1/

Posted by kevin008 > 2017-06-22 15:10 | Report Abuse

bad news all keep on sell
good news also no up haha
jaycorp not only rubber wood furniture leh
still got construction, RE, carton boxes, Kiln-Drying

Posted by kevin008 > 2017-06-22 17:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5468697

walao top profit plus interim dividend 0.05
huat liao

Posted by anicca > 2017-06-22 17:54 | Report Abuse

omg ....

Posted by john doe > 2017-06-22 19:38 | Report Abuse

HUAT AR!!! Hevea only 2.5 cents dividend..