PublicInvest Research
Technical Buy - JCY (5161)
PublicInvest
Publish date: Mon, 20 Mar 2023, 06:30 PM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
For more than two decades, JCY has been a leading component supplier and contract manufacturer for the data storage market.
Fundamentals
Given no new structural changes in the dynamics of the digital storage industry, JCY believes that the demand-supply equilibrium for hard disk drive should re balance once industry inventory levels normalise.
Source: PublicInvest Research - 20 Mar 2023
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