Shiba Capital
[Educational] Demand on Harddisk globally and DUFU benefits from the hard disk demands.
Shiba_Capital
Publish date: Sat, 24 Jul 2021, 08:36 PM
Shiba_Capital
0 20
A place to share and provide some updates in the market
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
Before we begin,
you can have a look at the old post regarding company profile and business regarding DUFU.
Previous Dufu Post
Part 2
Remember when 1Gb was a lot?
Hold your horses, introducing Exabyte where 1 (EB) equals to 1,000,000 Terabytes (TB)
So we’ve heard a lot about how SSD is replacing HDD and it's a sunset business. So let’s find out shall we?
But wait, first you need to understand Nearline storage, because its one of the main contributor for 3.5' HDDs and $DUFU's growth as well.
*Nearline storage is a combination of Near +Online.
It means on-site storage of data on a removable media. Basically its like you let part of the data that you don't use sleep (offline storage) and online access the parts you need (online storage).
A compromise between those two.
The shipments of HDDs in Q1 2021 is 288.28 Exabyte. A record sales.
Instead of shipping many HDDs with less storage, we ship less HDDs with more storages now.
SSDs are replacing HDD in higher end consumer devices such as notebooks, tablets and hybrid devices.
However, HDDs are still dominant in the enterprise, cloud and data center market, which prioritize high storage capacities and prices over faster access speeds
Out of 288.28 exabytes shipped, 66% belonged to 3.5inch HDD for server, enterprise, nearline and surveillance applications, with an average capacity of 12 TB.
Since the latest game consoles from Microsoft and Sony no longer use HDD, the shipment of HDD for consumer electronics (CE) dropped 31% YoY.
Vast majority of 2.5 inch CE HDDs have been used for game consoles. We expect it to further decline.
By contrast, sales of 3.5 inch CE HDDs remain strong. They are used on PCs for demanding applications for things like media and video editing.
Conclusion: It’s still growing overall, thriving in areas where storage capacity and cost are priorities, but shrinking in areas where mobility and speed is more important.
Annual report states growth in is due to increase in demand of disc spacer components. Nearline HDDs or capacity enterprise is seen dominating the surge in demand.
The latest enterprise HDD operates on 9 disk platters. So back to the first picture, nearline storage.
Dufu’s main revenue still comes from HDD. They manufacture disk spacers in particular and is one of the tech companies that managed to perform. (partially contributed by foreign exchange)
On a YoY basis, the revenue increase was due to an increase in volume loading by customers related to HDD components.
On top of this, the Group also has strong growth contributed by the enormous demand for sheet metal welded assembly components and parts and the buoyant orders coming from control and sensors in the non-HDD segment.
Chart wise Dufu is one of the more choppy names among tech stocks.
Low liquidity might also be a factor to the chopiness and gap between bid and ask.
Its still sticking to the trendline for now, trading in the range of 4.24 and 4.82, doing a consolidation.
Looks as healthy as it gets for now
Risk factors include covid cases and politic as usual for Malaysia.
Come follow our telegram at : https://t.me/shibacapital
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Shiba Capital
The Big Energy Crunch - Coal, Oil & Gas (Feat- $ARMADA, $HIBISCS, $YINSON, $DIALOG)
Created by Shiba_Capital | Oct 06, 2021
Quick recap of what happened this week! *Full of Volatility and excitements*
Created by Shiba_Capital | Sep 26, 2021
What happened to Evergrande and its impacts to the steel industry
Created by Shiba_Capital | Sep 20, 2021
Weekly Recap - $SCIENTEX, $JAKS, $KGB, $GREATEC, $QES, $TOPGLOV & 5G
Created by Shiba_Capital | Sep 19, 2021
Macro-roni of the week- Commodities (Alum & LNG), Semiconductor index SOXX
Created by Shiba_Capital | Sep 15, 2021
JHM , D&O. [Educational] Lets understand JHM and difference between JHM and D&O.
Created by Shiba_Capital | Aug 01, 2021
Discussions
Be the first to like this. Showing 1 of 1 comments
Post a Comment
Featured Posts
Latest Videos
.png)
MQ Trading Signals
Time
Signal
Duration
Type
2024-08-26 16:40:00
EMA 5
10 Mins
BUY
2024-08-26 16:40:00
EMA 5
5 Mins
BUY
2024-08-26 16:40:00
ADX
5 Mins
BUY
2024-08-26 16:30:00
EMA 5
30 Mins
BUY
2024-08-26 15:40:00
EMA 5
10 Mins
SELL
Apps
Top Articles
1
Koon Yew Yin's Blog
3
Koon Yew Yin's Blog
4
6
7
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mimimomochi
Recent QR seems very good prospect
2021-08-04 22:14