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Not advisable to look at this stock until mid of next year 2026. July-Sep qtr will also not spring any miracles. At best, performance will plataeu like recent qtr only.
Study their prospect before sell. We are pleased to announce that we now have a total 6 new customers since the
beginning of FY2025. Adding one new in the current reporting quarter.
ii. Activity for our new customers have accelerated in the last 3 months. Year to
date, we have invested close to RM15.3 mill on new products qualifications with
almost 50% of it in the current reporting quarter. We expect this momentum of
activity to continue for the next 4-6 months.
iii. As advised previously, this is a slow 1-2 year process during which we ramp up
the 1
st set of parts before moving to the next set.
iv. Production of the parts currently under qualification will not generate meaningful
revenue until sometime in 2026 as much depends on the setup of our customers’
factory
Overall, JCY remains optimistic about sustainable and positive future. Given the positive
momentum over the past four months, the Company reaffirms its optimism that the estimated
full potential incremental revenue from new customers could reach RM250 million in financial
year 2028. Through sustained commitment to engineering excellence, JCY has strengthened its
position as the preferred regional supplier for precision casting and machining solutions.
Try driving past both factories in Bkt Minyak. Observe the factories are running how many days and shift per week. Will understand what I meant. Wakakakaka