JAYCORP BHD

KLSE (MYR): JAYCORP (7152)

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Last Price

0.74

Today's Change

+0.01 (1.37%)

Day's Change

0.725 - 0.74

Trading Volume

25,100


8 people like this.

1,232 comment(s). Last comment by DividendVen 2023-12-27 11:59

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

Cheers!

john doe

749 posts

Posted by john doe > 2017-09-19 08:09 | Report Abuse

Contract value: RM 12.6 million
Estimated gross profit margin: 8%
Duration of contract: 78 weeks (1.5 years) from date of possession of site
JV of JEC: Jaycorp 60%

Estimated profit before tax for Jaycorp: RM 604,800 over 1.5 years
*Not much but hopefully can cover construction division operating costs.

Posted by shortinvestor77 > 2017-09-19 22:24 | Report Abuse

Your estimation could be very wrong.

john doe

749 posts

Posted by john doe > 2017-09-20 07:54 | Report Abuse

Dear shortinvestor77,
The calculation is based on the disclosed public info. Perhaps you have special insider info to share??

kevin008

1,360 posts

Posted by kevin008 > 2017-09-20 07:55 | Report Abuse

no worry..pan borneo highway Pr1ma Ppa1m coming hehe

Posted by vincent_yap > 2017-09-20 19:15 | Report Abuse

Hahaha soom u will.know john soon

john doe

749 posts

Posted by john doe > 2017-09-21 07:34 | Report Abuse

haha.. we are talking facts here. Not hope analysis...

john doe

749 posts

Posted by john doe > 2017-09-25 10:04 | Report Abuse

Lai liao?

Beza

1,847 posts

Posted by Beza > 2017-09-25 14:55 | Report Abuse

Good result is to be released soon coupled with dividend announcement,

Yipman

391 posts

Posted by Yipman > 2017-09-25 18:45 | Report Abuse

wonder y there is a 31 mil share disposal annoucement. jaycorp not doing good this QR?

KKKS

63 posts

Posted by KKKS > 2017-09-26 00:41 | Report Abuse

Date of Change Type Number of Shares
20-Sep-2017 Disposed 31,000,000 x 3

KKKS

63 posts

Posted by KKKS > 2017-09-26 00:41 | Report Abuse

That is alot of dsposal... Any reason why...

john doe

749 posts

Posted by john doe > 2017-09-26 07:57 | Report Abuse

Dear KKKS,
I don't see a real threat in the disposal of shares yet. Most important is there are people who bought up the shares and I believe the sale is not through open market. (*If they want dispose it, they must goreng 1st) There are various reasons for the disposal of shares. One of it could be major shareholders or other interested parties like institutional funds offered higher price to sapu all. Let us just focus on the fundamental.

Yipman

391 posts

Posted by Yipman > 2017-09-26 10:08 | Report Abuse

Hmm.. a bit doubt now. if good future the shareholder shd not sell the share. even fund manager offer, might not more than 30percent.

Posted by shortinvestor77 > 2017-09-26 10:33 | Report Abuse

Three shareholders(Mr Chee Ah What, Datuk hazmat Aqbal and En Muaz)ceased to be shareholders in Jawala. As Jawala is a substantial shareholder of JayCorp, public is to be informed.

Yipman

391 posts

Posted by Yipman > 2017-09-26 12:33 | Report Abuse

Ceased of 93 Mil shares vs NOSH 137 Mil. Almost 68% of the whole company shares.
I guess there will be big changes in this company. Please be alert for short term investor might not be good sign.

Beza

1,847 posts

Posted by Beza > 2017-09-26 15:21 | Report Abuse

En Muaz, A Malaysian, aged 26, male, was first appointed to the
Board as Director on 24 June 2016 and is presently a NonIndependent
Executive Director of the Company. He is also
a member of the Investment Committee and Enterprise Risk
Management Committee of the Company. Currently he does
not hold any shares in the Company but deemed to have
interest in 31,000,000 shares in the Company held by Jawala
Corporation Sdn Bhd by virtue of his substantial shareholding
in Jawala.

Beza

1,847 posts

Posted by Beza > 2017-09-26 15:22 | Report Abuse

SUBSTANTIAL SHAREHOLDERS AS AT 21 OCTOBER 2016
(BASED ON THE REGISTER OF SUBSTANTIAL SHAREHOLDINGS)
No of Shares held as at 21 October 2016
NO. NAME Direct %^ Indirect %^
1. CENTRAL GLAMOUR SDN BHD 30,275,000 22.14 - -
2. JAWALA CORPORATION SDN BHD 31,787,500 23.24 - -
3. YEO ECK LIONG 3,389,547 2.48 30,275,000* 22.14
- others - - 87,400^1 0.06
4. YEO AYK KE 719,175 0.53 30,275,000* 22.14
- others - - 102,650^2 0.08
5. YEO YEK MENG 440,842 0.32 30,275,000* 22.14
6. YEO AIK TAN 739,593 0.54 30,275,000* 22.14
7. TAN SRI ABDUL MAJID KHAN - - 31,787,500** 23.24
8. DATUK JEMA ANTON KHAN - - 31,787,500** 23.24
9. HAZMAT AQBAL BIN MOHD AYUB KHAN - - 31,787,500** 23.24
10. CHEE AH WHAT - - 31,787,500** 23.24
11. MUAZ BIN JEMA ANTON KHAN - - 31,787,500** 23.24
Notes:
^ Excluding a total of 487,900 ordinary shares of RM0.50 each bought-back by the Company and retained as treasury shares as at
21 October 2016.
^1 Deemed interest in shares held by his wife, Sim Peck Ling and sister, Yeo Siw Nee.
^2 Deemed interest in shares held by his wife, On Yin Choo and sister, Yeo Siw Nee.
* Deemed interest through his substantial shareholding in Central Glamour Sdn Bhd.
** Deemed interest through his substantial shareholding in Jawala Corporation Sdn Bhd.

Beza

1,847 posts

Posted by Beza > 2017-09-26 15:28 | Report Abuse

The three persons had ceased to be a shareholder in Jawala Corp, not JayCorp actually to make it clear. Jawala has never sold its shares of 31 million of Jaycop in the market. NOT 31 MIL X 3 KIND OF CALCULATION, YIPMAN.

Beza

1,847 posts

Posted by Beza > 2017-09-26 15:31 | Report Abuse

EVEN the executive chairman, Tan Sri Abdul Majid Khan is a shareholder in Jawala. Jawala holds 31 mil shares of Jaycorp.

Beza

1,847 posts

Posted by Beza > 2017-09-26 15:36 | Report Abuse

The traded volume on 20/9/17 is just 110700 units while on 25/9/17 is 703100 units. Far away from 31 million units.

Beza

1,847 posts

Posted by Beza > 2017-09-26 16:04 | Report Abuse

All furniture companies (except JayCorp)'s material cost of rubber logs is very high. Somemore, they have limited sources of rubber wood except JayCorp. JayCorp can do far better than them,I believe.
The Group’s raw material strength is reflected on its strong linkages to the down stream. The Group has contracted with a state owned enterprise to access to 88,000 hectares of rubber plantation. This make the Group probably the furniture manufacturer that has a contracted access to the largest rubber plantation in the world. This is important as rubber wood is the main component of its cost and with this availability of long term uninterrupted supply of rubber wood, the Group is positioned on a strong competitive advantage as compare to its competitors.
http://www.jaycorp.com.my/business_rubberwooddivision.htm

Patrick13

1,971 posts

Posted by Patrick13 > 2017-09-28 08:16 | Report Abuse

I think today they will release latest QR.

Maxxyap

17 posts

Posted by Maxxyap > 2017-09-28 10:53 | Report Abuse

How the QR prediction? Good or not?

kevin008

1,360 posts

Posted by kevin008 > 2017-09-28 17:42 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5556965

top revenue top profit top dividend

Yap Yangg

65 posts

Posted by Yap Yangg > 2017-09-28 17:43 | Report Abuse

Huat ahhh!!!!

john doe

749 posts

Posted by john doe > 2017-09-28 18:11 | Report Abuse

up up in the sky!

anicca

337 posts

Posted by anicca > 2017-09-28 19:22 | Report Abuse

luckily hold it tight..almost wanna sell off due to unforeseen circumstances

Posted by shortinvestor77 > 2017-09-28 19:35 | Report Abuse

Review of Performance
The Group registered a turnover of RM80.5 million for the quarter ended 31 July 2017
(“current quarter”) as compared to a turnover of RM68.1 million in the previous year
corresponding period. Profit before tax for the current quarter was at RM8.2 million as
compared to profit before tax of RM5.1 million for the previous year corresponding period.
The furniture segment continued to be the main contributor to the Group’s revenue. The
furniture segment recorded RM63.1 million and RM7.0 million in turnover and profit before
tax respectively for the current quarter. Comparatively, turnover and profit before tax for the
previous year corresponding period were RM54.6 million and RM6.2 million respectively. The
turnover and profit before tax for the current quarter were higher than the previous year
corresponding period mainly due to increased demand from overseas markets and the
strengthening of the United States Dollar (USD) against the Malaysian Ringgit (MYR).
The kiln-drying segment registered RM10.4 million in turnover and profit before tax of RM0.2
million for the current quarter compared with turnover of RM10.4 million and loss before tax
of RM1.0 million in the previous year corresponding period. The profit before tax for the
current quarter was higher than the previous year corresponding period primarily due to
lesser write down of inventories.
The carton boxes segment contributed RM10.6 million in turnover and profit before tax of
RM1.2 million for the current quarter compared with turnover of RM7.6 million and profit
before tax of RM0.4 million in the previous year corresponding period. The turnover and
profitability in this segment were higher than the previous year corresponding period due to
higher demand from internal and external customers.
The renewable energy segment contributed RM2.2 million in turnover and profit before tax of
RM0.1 million for the current quarter compared with turnover of RM2.1 million and loss
before tax of RM0.1 million in the previous year corresponding period. The improvement was
attributed to improved operational efficiency, cost control measures and higher selling price.
The engineering and construction segment registered RM1.1 million in turnover and profit
before tax of RM0.1 million for the current quarter.
B2. Quarterly Analysis
The Group recorded turnover of RM80.5 million and profit before tax of RM8.2 million for the
current quarter compared to last quarter’s turnover and profit before tax of RM78.6 million
and RM10.0 million respectively. Although there was an increase in turnover, the profit before
tax decreased due to higher raw material costs in the furniture segment and write down of
inventories in the kiln drying segment.

Posted by shortinvestor77 > 2017-09-28 20:09 | Report Abuse

Hold tight tight, guys. JayCorp has very good prospect. More demand for furniture and carton boxes.

kevin008

1,360 posts

Posted by kevin008 > 2017-09-28 21:00 | Report Abuse

more important construction start profit

Posted by shortinvestor77 > 2017-09-28 21:26 | Report Abuse

The engineering and construction segment registered RM1.1 million in turnover and profit
before tax of RM0.1 million for the current quarter. Yes, you are right. Cheers!

apolloang

18,163 posts

Posted by apolloang > 2017-09-28 21:29 | Report Abuse

good stock,exited too early

Beza

1,847 posts

Posted by Beza > 2017-09-29 09:11 | Report Abuse

Ini macam lah! Ha! Ha! JayCorp is a rising star.

Beza

1,847 posts

Posted by Beza > 2017-09-29 09:18 | Report Abuse

Don't forget "cold-eye" (top 30) is with us as shareholders.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-09-29 09:56 | Report Abuse

Actually furniture segment PBT is about the same as last year (RM27m).
The real improved segment is carton boxes, processing of rubberwood and renewable energy.
If current rubberwood price continues to hike, Jaycorp can benefit from sell higher price to external customers meanwhile also for internal use purpose.

Posted by shortinvestor77 > 2017-09-29 21:09 | Report Abuse

Put in great demand of furnitures soon from US of the Harricane event. And demand for carton boxes will continue to the peak in Nov 11 due to annual sale

Posted by shortinvestor77 > 2017-09-29 21:11 | Report Abuse

event of Alibaba. Some more, hope for Sabah Pan Borneo Project is still bright for JayCorp to get it.

john doe

749 posts

Posted by john doe > 2017-10-04 09:40 | Report Abuse

When is the AGM?

Beza

1,847 posts

Posted by Beza > 2017-10-04 11:24 | Report Abuse

December, I think.

Posted by shortinvestor77 > 2017-10-07 14:36 | Report Abuse

No worry. They are only take in potential shareholders that can help to boast up their businesses (for instance getting Sabah Pan Borneo Highway Project). Those unable to do it must step down.

Posted by shortinvestor77 > 2017-10-07 14:39 | Report Abuse

Malaysia's August export growth at 21.5 pct y/y, above f'cast
Reuters Staff
* August exports +21.5 pct y/y vs Reuters poll +19.2 pct
* August imports +22.6 pct y/y vs poll forecast +21.0 pct
* Trade surplus 9.9 bln rgt vs poll forecast of 9.6 bln rgt
* Exports to China +21.2 pct y/y, U.S. +14.5 pct, EU +21.6 pct

KUALA LUMPUR, Oct 6 (Reuters) - Malaysia's exports in August grew to 21.5
percent from a year earlier, beating expectations on the back of manufacturing
sector and liquefied natural gas (LNG) exports, but were slower than the
previous month.
The export growth exceeded the 19.2 percent forecast by a Reuters poll but
was down from July's 30.9 percent growth.
The upward trend of manufactured goods exports continued in August with an
expansion of 22.3 percent year-on-year.

kevin008

1,360 posts

Posted by kevin008 > 2017-10-07 22:33 | Report Abuse

i think something big news coming bah haha
so good n high dividend company wont simly sell la..just wait n see

Posted by shortinvestor77 > 2017-10-10 14:41 | Report Abuse

Sure.

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