JAYCORP BHD

KLSE (MYR): JAYCORP (7152)

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Last Price

0.68

Today's Change

-0.005 (0.73%)

Day's Change

0.68 - 0.69

Trading Volume

52,800


8 people like this.

1,230 comment(s). Last comment by DividendVen 2023-12-27 11:59

Posted by shortinvestor77 > 2017-07-18 20:38 | Report Abuse

Ok.

john doe

749 posts

Posted by john doe > 2017-07-19 22:02 | Report Abuse

If no construction projects award or expansion plans announced, difficult to up...

Yap Yangg

65 posts

Posted by Yap Yangg > 2017-07-20 19:20 | Report Abuse

Yeah, this is the only con of jaycorp, lack of enthusiasm in expanding, i would rather take lesser dividend =(

Beza

1,847 posts

Posted by Beza > 2017-07-21 12:16 | Report Abuse

It is up now. Ha!

Beza

1,847 posts

Posted by Beza > 2017-07-21 12:23 | Report Abuse

JayCorp had acquired a construction company and got a good contract recently. It is expanding. It bid for Sabah Borneo Highway project, that is the company we know. Who else you know tender the same project? Now banning rubberwood from export will help it increase production. Giving good bonus early to their staff will keep the labor force and attractive more to join in settling labor shortage problem. Giving earlier div of 5 cents is its creative way of improvement its share price and benefit its shareholders early. How good is it managing?

YTChoong

79 posts

Posted by YTChoong > 2017-07-21 13:22 | Report Abuse

Great study and well analysed. Should invest in JayCorp as it has doing so well and expanding its business.

yfchong

5,879 posts

Posted by yfchong > 2017-07-21 13:44 | Report Abuse

beza is here must be ho sieh... ok folks

yfchong

5,879 posts

Posted by yfchong > 2017-07-21 13:45 | Report Abuse

most of the sifu here apollo ang..abang adik....ok in watch lists

Beza

1,847 posts

Posted by Beza > 2017-07-21 15:45 | Report Abuse

Thank you.

Beza

1,847 posts

Posted by Beza > 2017-07-21 16:38 | Report Abuse

BUY on breakout with a target price of RM1.72 and stop-loss at RM1.37. The uptick in the DMI and the increase in trading volume suggest buying momentum is set to continue in the near term. We expect the stock to continue trending up towards the breakout level of RM1.48 in the current upleg. A breakout above this level would extend the uptrend towards the previous high of RM1.62, the psychological resistance level of RM1.62 and our target at RM1.72.


Expected Timeframe: 2 weeks to 2 months.

Beza

1,847 posts

Posted by Beza > 2017-07-21 16:40 | Report Abuse

Broke 1.48.

Yap Yangg

65 posts

Posted by Yap Yangg > 2017-07-21 17:02 | Report Abuse

what the hell is going on man

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-07-21 17:14 | Report Abuse

wow..beza is heree

kevin008

1,360 posts

Posted by kevin008 > 2017-07-22 22:02 | Report Abuse

Patient reward..i rmb i bought this stock 0.84 before 4,10,5 sen dividend hehe

YTChoong

79 posts

Posted by YTChoong > 2017-07-24 22:47 | Report Abuse

Any idea today share price drop? Is it time to add some more??

Beza

1,847 posts

Posted by Beza > 2017-07-25 11:26 | Report Abuse

just due to a bit Ringgit strenthening. Some investors chicken out. As long as 1MDB issues are not solved, Ringgit is always weaken.

YTChoong

79 posts

Posted by YTChoong > 2017-07-26 12:36 | Report Abuse

Thanks Beza for your value opinion. You have point.

Beza

1,847 posts

Posted by Beza > 2017-07-27 11:31 | Report Abuse

You are most welcome. I have 700 lots of JayCorp so far. Wait for next Q good result out with dividend announcement.

lai81533

987 posts

Posted by lai81533 > 2017-07-28 18:15 | Report Abuse

will fly within 2 months

Patrick13

1,971 posts

Posted by Patrick13 > 2017-08-01 08:24 | Report Abuse

Received dividend yesterday, kekeke

lai81533

987 posts

Posted by lai81533 > 2017-08-01 12:59 | Report Abuse

Trending

john doe

749 posts

Posted by john doe > 2017-08-03 12:34 | Report Abuse

Hevea superbull running since morning! hopefully got spillover effect to Jaycorp.

I3twx

26 posts

Posted by I3twx > 2017-08-03 16:05 | Report Abuse

already can see the uptrend sign d. lets wait 430pm for the buy Q

Posted by shareinvestor88 > 2017-08-05 23:30 | Report Abuse

Beza u have 700k or 70k of jaycorp ?
1 lot = how many shares ?

Posted by shortinvestor77 > 2017-08-06 19:48 | Report Abuse

Beza has 70000 units (700 lots). 1 lot = 100 units shares.

darkstar

589 posts

Posted by darkstar > 2017-08-08 10:00 | Report Abuse

dropped 10 cents, what's happening?

Leo72

131 posts

Posted by Leo72 > 2017-08-08 11:12 | Report Abuse

bursa clashing thats what happen

Posted by shortinvestor77 > 2017-08-08 13:48 | Report Abuse

Normal correction. It comes and go.

Beza

1,847 posts

Posted by Beza > 2017-08-09 09:38 | Report Abuse

Yes. It is up now. Nothing to worry. i hold 70000 units, right.

Posted by shortinvestor77 > 2017-08-09 10:24 | Report Abuse

Ringgit can't be strengthening as 1MDB issues ate always haunting. Invest in export stocks is always a good decision.

Beza

1,847 posts

Posted by Beza > 2017-08-10 10:02 | Report Abuse

Ringgit is weakening again.

Posted by shortinvestor77 > 2017-08-10 22:00 | Report Abuse

令吉兑美元贬至4.2930
经济新闻
10/08/201718:54
(吉隆坡10日讯)今日令吉兑美元汇价续趋软,以及兑美元以外的其它主要货币起落不一。

交易员说,令吉表现软弱,因地缘政治局势日益紧张,尤其是美国和朝鲜关系进一步恶化,驱使投资者把资金转移至包括黄金等被视为避难所的贵金属市场。此外,芝加哥联邦储备银行行长埃文斯认为美联储9月缩表相当合理的言论,对美元起支撑作用。

令吉兑美元汇价午休报4.2930/2960,较昨日闭市之4.2870/2910贬值。开市时,令吉兑美元报4.2870/2910。

Posted by shortinvestor77 > 2017-08-11 21:07 | Report Abuse

(纽约10日综合电)朝鲜多次试射导弹威胁美国,美国总统特朗普扬言朝鲜面对“前所未见的火焰与狂怒”,触发全球避险情绪升温。

然而,美国和朝鲜局势紧张,会引发股市大规模抛售吗?

专业投资机构Columbia Threadneedle建议,面对大型风险事件时,投资者可问自己以下3倒问题:

1、有超级大国参与吗?
2、油价有风险吗?
3、全球金融体系有风险吗?

第一道问题的答案是毫无疑问的,美国直接参与了今次事件,而朝鲜行动亦随时升级,将牵连到其他大国。不过,现时该事件对油价及金融体系尚未存在较大的风险。

Leuthold Group首席投资主管宝森接受外媒访问时认为,两国正式发动核武的想法似乎非常牵强或愚蠢的,而大部分投资者均相信有关可能性十分低。

他相信,股市周三下跌,纯粹是投资者阅读“新闻标题”后的反应,其影响有限。他续说,金融市场要等到实际情况到来时,才会出现强度更高的反应。

宝森打趣道,自特朗普上任以来,“垃圾对话”(trash talk)已经司空见惯,恰巧地朝鲜也有一个喜欢trash talk的人。

新闻来源:东网

http://www.enanyang.my/?p=905594

Posted by shortinvestor77 > 2017-08-11 21:14 | Report Abuse

KUALA LUMPUR: The ringgit closed lower against the US dollar today in line with most Asian emerging currencies, as risk-averse sentiments weighed down markets.

At 6pm, the ringgit stood at 4.2935/2965 against the greenback, compared with Thursday’s close of 4.2900/2930.

A dealer said escalating geopolitical tension between the US and North Korea continued to dampen investment sentiments in emerging markets and contributed to losses in Asian currencies as investors swarmed safe haven assets.

Meanwhile, the ringgit closed mostly lower against a basket of major currencies.

The local note fell against the Singapore dollar to 3.1461/1495 from 3.1438/1474 on Thursday, and depreciated versus the yen to 3.9365/9396 from 3.9035/9077. It slipped versus the euro to 5.0479/0518 from 5.0232/0284 yesterday, but strengthened against the British pound to 5.5644/5696 from 5.5736/5779 on Thursday. -- BERNAMA

Posted by shortinvestor77 > 2017-08-12 12:04 | Report Abuse

Good job TQ JacksonYuen。
Positive Development On US Import Tax – Jay Corp Berhad (Q3 FY17)
Last Traded Price RM 1.43
Target Price RM 1.67 (from RM 1.43)
Est. Return 15.55%
Rating BUY (From Neutral)
Price to Earnings 8.6x
Price to Book 1.3x
1) Though economic data is optimistic, it is primarily driven by the weak MYR.

Malaysia External Trade Development Corporation’s data showed that the total export was RM451bil between Jan-Jun 2017, up c. 21% YoY. It is due in large part to the weak performance against major currencies. We believe the actual organic growth for export is around mid-single digit. Management also explained that the robust performance is due to stronger overseas demand and favourable FX environment. Many JayCorp’s segments have improved significantly with a couple segments started to generate profit from loss.

2) Political tension results in favourable FX movements.

In line with the textbook world, current situation between the US and N Korea is expected to see money flowing back to US which will see a stronger USD in the near future. We do not foresee any material adverse change in US’s economic activities. However, it will affect market’s sentiment, and we have seen money flowing into bond funds (source: wealthmanagement.com). It may results in lower trading multiples.


3) The most welcoming news is the US ditching the import tax.

Initially, we were concerned about the negative impact of import tax, but the Republican sees ‘many unknowns’ associated with it thus decided to abandon the plan. The decision that could potential raised over a trillion of tax revenue over a 10-year horizon. Very positive to many export-oriented counters. The attention is now on the friendly domestic tax rate to allow US companies to compete with foreign companies.

4) Revisit our relative valuation, upgrade to BUY rating.

We re-assessed our relative valuation and added Lii Hen to our sample. We believe that JayCorp is fairly valued at RM 1.65 which offers an upside potential of 15.55%. We are upgrading the rating from Neutral to BUY on the following considerations:

Reasonable trading multiples which reflect sizable discount to the industry peers
Stronger USD to support its export-related revenue (North America contributes almost 30% of income).
Healthy domestic demand as reflected by an increase in residential loan growth.
Though we believe there is a reasonable discount to the fair value, we do not exclude the possibility that the share performance may outweigh by temporary negative market sentiment and fund outflow from foreign institutions.

Posted by shortinvestor77 > 2017-08-12 12:50 | Report Abuse

Dow Jones 21,858.32 +14.31 0.07%
Nasdaq 6,256.56 +39.68 0.64%

lai81533

987 posts

Posted by lai81533 > 2017-08-16 19:15 | Report Abuse

Trending up. Hihi

CL_Tiok

78 posts

Posted by CL_Tiok > 2017-08-22 11:25 | Report Abuse

gogogo.. tp 1.65

petersee

25 posts

Posted by petersee > 2017-09-07 00:45 | Report Abuse

oldman share

Posted by shortinvestor77 > 2017-09-07 17:14 | Report Abuse

Growing stock with diversified business.

Posted by shortinvestor77 > 2017-09-15 17:09 | Report Abuse

Cold eye holds it? Huat lah!

kevin008

1,360 posts

Posted by kevin008 > 2017-09-18 17:56 | Report Abuse

wow very good...another contract hehe

Posted by shortinvestor77 > 2017-09-18 21:22 | Report Abuse

Cheers!

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