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Hot Stock JCY rises 4.05% on anticipated positive Q315 results
by Cals Mon 03 Aug 2015, 21:56
Hot Stock
JCY rises 4.05% on anticipated positive Q315 results
GEORGE TOWN (Aug 3): The shares of JCY International Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), a hard disk drive mechanical maker, rose by 4.05% to 74 sen on anticipated positive third quarter results for the financial year ending Sept 30, 2015.
At 11.35am, it increased three sen, with 10,062,700 shares changing hands, giving it a market capitalisation of RM1.5 billion.
Interpacific Securities remisier Sam Ng told theedgemarkets.com that the counter was volatile and has risen by about 20% in the past few months.
“The counter is trading among partly day traders in anticipation of JCY’s third quarter results which is expected to show good profit,” he said.
Year-to-date, JCY (fundamentals: 2.1; valuation: 2.4) has increased by 37.8%.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
JCY rises 4.05% on anticipated positive Q315 results
GEORGE TOWN (Aug 3): The shares of JCY International Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), a hard disk drive mechanical maker, rose by 4.05% to 74 sen on anticipated positive third quarter results for the financial year ending Sept 30, 2015.
At 11.35am, it increased three sen, with 10,062,700 shares changing hands, giving it a market capitalisation of RM1.5 billion.
Interpacific Securities remisier Sam Ng told theedgemarkets.com that the counter was volatile and has risen by about 20% in the past few months.
“The counter is trading among partly day traders in anticipation of JCY’s third quarter results which is expected to show good profit,” he said.
Year-to-date, JCY (fundamentals: 2.1; valuation: 2.4) has increased by 37.8%.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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