tag:blogger.com,1999:blog-17708300.post1081207585792160979..comments2023-10-25T21:25:46.183+08:00Comments on Where is Ze Moola: Regarding JCY InternationalUnknownnoreply@blogger.comBlogger16125tag:blogger.com,1999:blog-17708300.post-64244749604035080732010-10-07T17:27:29.827+08:002010-10-07T17:27:29.827+08:00Comment JCY relationship with MQ tech, please.Comment JCY relationship with MQ tech, please.THKOAYhttps://www.blogger.com/profile/12976346992183686584noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-70543163283721846152010-10-07T17:26:35.629+08:002010-10-07T17:26:35.629+08:00MQTech Mr Chata Singh has deal with JCY, since JCY...MQTech Mr Chata Singh has deal with JCY, since JCY has problem, what you think about MQTech?<br /><br />I have summarized table below. Cash position healthy and improve since selling QB to JCY<br /><br />Hire purchas payable (HP) increases, is it a sell signal?<br /><br />MQ Tech table (in million)<br />Cash Debt HP Cash change <br />19.033 5.548 3.375 Q2 1.198 <br />17.835 4.829 2.721 Q1 0.227 <br />17.608 5.146 2.417 Q4 2009 -1.426 <br />19.034 5.001 1.365 Q3 -2.154 <br />21.188 4.441 1.934 Q2THKOAYhttps://www.blogger.com/profile/12976346992183686584noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-42273120055742664882010-08-28T16:30:26.167+08:002010-08-28T16:30:26.167+08:00Financial Datas on QL:
https://spreadsheets.googl...Financial Datas on QL:<br /><br />https://spreadsheets.google.com/pub?key=0AuRRzs61sKqRdEdtdkItSVFoeWloeUtFcVJlSjVQQnc&authkey=CO_XjeIJ&output=html<br /><br />QL is yet another company with good revenues (8% annually) and earnings growth (>20% annually). Its ROA was around 9% to 10% and with judicious leverage through debt and borrowings, its ROE was around 21% to 22%. <br /><br />At its present price, its PE is at its higher end of its historical range. The company has been selling its treasury shares recently. Of course, QL hogs the limelight with its recent purchase of Lay Hong.<br /><br />Moolah, I look forward to your views on this company.... when you have the time. ;-)<br /><br />Thank you.investbullbearhttps://www.blogger.com/profile/08012146712936776873noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-80043035734253116662010-08-28T13:38:52.862+08:002010-08-28T13:38:52.862+08:00The salesmen (Investment bankers) managed to sell ...The salesmen (Investment bankers) managed to sell the right stock at the right timing, but not the stock buyer kua?<br /><br />But, just like buying property, u buy at high time, it means u must have the purse to survive the worst time thru. I guess there is some similarity over here, it is about the valuation and risk appetite.solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-65058531823240816532010-08-28T02:01:43.052+08:002010-08-28T02:01:43.052+08:00Very similar to Mangotone that will
disappear into...Very similar to Mangotone that will<br />disappear into oblivion !!Gamelionhttps://www.blogger.com/profile/06590831967204466136noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-13631021922441410502010-08-27T16:37:57.491+08:002010-08-27T16:37:57.491+08:00Ronnie: I just checked on the IPO files from JCY p...Ronnie: I just checked on the IPO files from JCY posted on Bursa website><br /><br />Page 75 from the pdf file <br /><a href="http://announcements.bursamalaysia.com/EDMS/subweb.nsf/7f04516f8098680348256c6f0017a6bf/045191e614eb4c9c482576bd0004285e/$FILE/JCY-Page%20138%20-%20Page%20319%20(1.8MB).pdf" rel="nofollow">attached</a>, this amount due to shareholder was actually stated chearly in JCY's balance sheet <b>before</b> JCY was listed.<br /><br />Since all debts needs to be repaid sooner or later, it's not really a crime that JCY pays the shareholder back.<br /><br />However.. the interesting point I noted is... for fy ending 30 Sep 2008, amount owing to shareholder is only 5.8 million.<br /><br />Now... the following year... this amount balloons to 173.20 million.<br /><br />Err... I am sure there's a reasoning why it ballooned so much...... but... I for one... do not know the reasoning... for now.Moolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-59448001318502681382010-08-27T16:15:46.760+08:002010-08-27T16:15:46.760+08:00Majority of (stupid) investors complain when Chine...Majority of (stupid) investors complain when Chinese sportswear companies listed on Bursa have so much cash in the kitty. The major shareholder of JCY pocketed a few hundred million from the IPO. Nothing wrong with that but not as good as cash in the bank in the PLCs account.ronniehttps://www.blogger.com/profile/02874940085203831073noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-36929839265074220472010-08-27T14:26:56.828+08:002010-08-27T14:26:56.828+08:00u have to admit yong's timing was impeccable. ...u have to admit yong's timing was impeccable. he definitely saw the peak coming and ipo the company at the most opportune moment.Mr ICICIhttps://www.blogger.com/profile/12428931307225453905noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-91104071804117946632010-08-27T14:14:05.322+08:002010-08-27T14:14:05.322+08:00peng01: JCY hit the 1.90 highs in early May.
Yes,...peng01: JCY hit the 1.90 highs in early May.<br /><br />Yes, I could have written and mentioned that CIMB's 'estimates' does have an indication that its seems fairly overly optmistic because from my interpretation of the report CIMB was saying that..<br /><br />"JCY earned some 207 million for its fy 2009. CIMB says times are good in 2010, so JCY should earn some 359 million! And 2011, JCY earnings will be even more super. JCY should earn some 441 million by then!"<br /><br />Yes, I could have made a posting based on that... but... do remember.... <br /><br />1. I am a nobody.<br />2. I am not responsible for anyone's investments.<br />3. I am not a sotong. :D<br />4. I am certainly not an independant investment advisor.<br />5. <b>Most important, I find no motivation to talk about stock price movements. Yeah, I do not induldge in guessing what a stock price will or will not do.</b><br /><br />I am sorry.<br /><br />So how could I be writing then?<br /><br />And more importantly, JCY only made <b>ONE</b> quarterly announcement. Do I have any data to back what I am saying that CIMB's earnings looked extremely optimistic?<br /><br />No. I don't.<br /><br />The second quarter announcement was only announced on 24th May 2010.Moolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-3260607478362544902010-08-27T13:09:39.659+08:002010-08-27T13:09:39.659+08:00you should wrote this article when jcy hit the hig...you should wrote this article when jcy hit the high of 1.90, 阿弥陀佛。<br /><br />So, IPO rm750mil, all masuk pocket YKY investment, <br /><br />And jcy shareholder get rm80mil dividen angpow only, and this 80mil angpow paid is borrow from bank.Anonymoushttps://www.blogger.com/profile/17010437438107529149noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-33916203649989346132010-08-27T12:43:43.196+08:002010-08-27T12:43:43.196+08:00peng01: Intersting point of view!
Well, JCY had &...peng01: Intersting point of view!<br /><br />Well, JCY had 'hoped' to raise some USD 350 million from its IPO.<br /><br />See :<a href="http://whereiszemoola.blogspot.com/2010/01/so-many-cash-calls-in-our-market.html" rel="nofollow">So Many Cash Calls In Our Market</a><br /><br />But JCY was not lucky. :P<br /><br />It had to scaled back its IPO. ( I wonder why. :P )<br /><br /><a href="http://biz.thestar.com.my/news/story.asp?file=/2010/2/11/business/5655516&sec=business" rel="nofollow">JCY to slash IPO size on weak pricing</a><br /><br />JCY only managed to raise some 750 million. <br /><br />And to put your issue in an even better perspective, do refer this news clip<a href="http://biz.thestar.com.my/news/story.asp?file=/2010/2/6/business/5618342&sec=business" rel="nofollow"> JCY set to be Southeast Asia’s largest tech IPO</a><br /><br />Quote: "Interestingly, the IPO is expected to give a payout to major shareholder YKY Investment Ltd up to RM1.25bil based on the maximum retail price of RM2.00 per share, assuming it is at 5% discount to the placement price and the full over-allotment option is exercised.<br /><br />The question floating around is: Why is the IPO an ‘offer for sale’ by 74.1% sole shareholder YKY Investments Ltd?"Moolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-3843410236175438682010-08-27T12:29:30.046+08:002010-08-27T12:29:30.046+08:00How much money do JCY raise in their IPO ?
The to...How much money do JCY raise in their IPO ?<br /><br />The total amount due to shareholder is 173mil, and they hav settle it in 9 months.<br /><br />Total loan 360mil, where 280mil is shortterm loan. <br /><br />But still able to giv 80mil as dividen and buy equipment for 200mil last quater.<br /><br />Otak boss JCY rosak ke ?Anonymoushttps://www.blogger.com/profile/17010437438107529149noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-78024191129924452672010-08-27T11:46:13.278+08:002010-08-27T11:46:13.278+08:00David: I see and I understand the justification in...David: I see and I understand the justification in your reasoning. :DMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-74262011683656324622010-08-27T11:10:56.175+08:002010-08-27T11:10:56.175+08:00If I see correctly from google finane site, Wester...If I see correctly from google finane site, Western D and Seagate trading at single digit PE in US. Surely their sub-cons don't deserve higher PE right?David Nghttps://www.blogger.com/profile/08522068773248014997noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-89473854221580007382010-08-27T09:40:54.028+08:002010-08-27T09:40:54.028+08:00LOL!
You are welcomed. Article is not finished. I...LOL!<br /><br />You are welcomed. Article is not finished. I am slow. :PMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-76532355961823599812010-08-27T09:26:52.796+08:002010-08-27T09:26:52.796+08:00MY GOODNESS ZE MOOLA.NOW UR MAKING ME NERVOUS.LOOK...MY GOODNESS ZE MOOLA.NOW UR MAKING ME NERVOUS.LOOKS LIKE THE INVESTMENT FRATERNITY FROM THE LICENCED PROFESSIONALS TO THE UNLICENCED ARE<br />ALL MIX UP.ITS LIKE THE GOOD,THE BAD AND THE UGLY.LOL.<br />ANYWAY,KUDOS AGAIN TO YOUR HIGHLY<br />XTRAODINARY STYLE OF WRITING.mapsscomhttps://www.blogger.com/profile/00428232097386351904noreply@blogger.com