QoQ lower -7% which is not really impressive. And the price already move up a lot compared to last year. 4th Qr normally slow biz for M&G because of monsoon etc.

Next catalyst would be opportunities from Data Centers. Since most data centers using smart monitoring systems i think the potential for SMRT is huge.. Deployments should start as early as next year or in 2026 because many data centers already in construction phase. Lets find out if my theory is right..

Qr was good but for the upcoming results need to consider the strong RM vs USD which will negatively impact exporters like JCY,Notion etc.. with a profit margin of just 6% for 2nd quarter i think it is not so good unless the capacity growth can outpace strengthening of RM.. not sure but might be in loss for 3rd & 4th Qr..

Not looking good gais.. cut loss already. Ringgit up means less revenue for exporters. I pray for those who holds already topup at 0.540 - 0.550. Hopefully can reenter when everything settled. It will depends on US market later but futures not looking good. Expect US market to drop further. Crypto also doing really bad and indicates more downside to US market. TAYOR

add more at 0.645.. strong support at 0.640.. no worries we go for long term..

Western Digital also reported Qr that beat expectations yesterday. 330M in profits. Their suppliers will follow through with that as well.. I believe 93cents coming back before Qr then surpassing RM 1.00 after that. 20 days to go!

Nomura started coverage on Notion with TP upside of 65%. Notion & JCY involve in the same biz of HDD & Automotive components. After next Qr i think more IBs will start coverage of JCY too.. All the best guys. TAYOR.

"cheated

Who are those who sell 40 million shares why promoters must hide?"

It was DBT means people with money and trust bought directly from owner.. most probably fund manager.
It was a sign of confidence. and owners still keeping 63% shares of company. please read carefully.

Cheap tix all sold out.. Only premium seats available. 3 weeks before boarding..
TAYOR

It's coming guys.. approx 3 weeks to Qr reports..

Lucky me last week topup 0.660, today topup again 0.685.. TP 1 = 0.90, TP2 = 1.07..
Seagate & Western Digital showing good results. No worries JCY will follow their brothers..
TAYOR

Seems both 1 & 2 is on track.. So there is chance of succesful turnaround. Thats the risk i'm willing to take..

Because CapA's ball are so much bigger and got a lot of juice they dont need too squeeze it but just wait to get what they want.

See they all recorded and nothing to hide..
If they want to do (ball squessing Tony's) then why wait and wait and wait and give more to him.. There must be something that they see and know that you dont, rite?

If u're worried about the lease payments then the lessor must be shitting in their pants rite now.. But somehow they keep giving additional new and used plane to Air Asia & X to fly.. Maybe capacity expansion is the best way for them to recover whatever owed to them.

Hold on guys! Good Qr coming good for sure.
News Summary

Third quarter revenue was $3.46 billion, up 14% sequentially (QoQ). Cloud revenue increased 45% (QoQ), Client revenue increased 5% (QoQ) and Consumer revenue decreased (13)% (QoQ).

Third quarter GAAP earnings per share (EPS) was $0.34 and Non-GAAP EPS was $0.63, which includes underutilization-related charges in HDD.

Expect fiscal fourth quarter 2024 revenue to be in the range of $3.60 billion to $3.80 billion.

Expect Non-GAAP EPS in the range of $0.90 to $1.20.



SAN JOSE, Calif. - April 25, 2024
Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2024 financial results.

"As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western Digital CEO. "We are in the early innings of unlocking the full potential of this company, and as industry supply and demand dynamics continue to improve, we will remain disciplined around our capital spending and focused on driving innovation and efficiency across our businesses. We are confident in our strategy and the actions we have taken to-date, which successfully position us to capitalize on the promising growth prospects that lie ahead."

favorable ticket price, savings on fuel cost, savings on maintenance cost, bigger revenue from teleport & ADE. i think this will improve the bottom line.

@FortuneBlooming

I'm just stated the obvious from various info that are available.
If Seagate can cruise to near ATH, i hope JCY can do the same too..
In their call, Seagate also talked about adding capacity from their existing facilities which is the same with JCY now.. meaning that they can quickly expanding without spending much capital and time.
Just wait for the Qr and let see if the can double or triple the profit.

Looks like JCY absorbing all at current price.. soon we can see the take off.

Btw if you think thoroughly the counters that will benefit DC/AI boom looks like this :

1. Landowners - UEMS, Sime Darby, Sunway, etc
2. Developer - SunCon, IJM, WCT, etc
3. System Provider - SNS, JCY, PowerWell, Nvidia, Seagate etc
4. End User/Customer - Google, NVidia, Apple, Meta etc

and here this is just the beginning of the story. JCY already turn to black last Qr, just imagine what gonna happen next quarters.. Look at Seagate. Numbers wont lie.
TAYOR

Based on their recent earnings call then we can assume the future look promising.. Next station RM 1.00.
TAYOR

https://finance.yahoo.com/news/q4-2024-seagate-technology-holdings-141011337.html

Based on their recent earnings call then we can assume the future look promising.. Next station RM 1.00.
TAYOR

https://finance.yahoo.com/news/q4-2024-seagate-technology-holdings-141011337.html

Just imagine 7 consecutive Qr losses then suddenly last Qr start to make profit at 50% factory capacity.
i think the worst already behind JCY now. so now we're looking at growth for both revenue/profit and capacity expansion. RM 1 before Qr seems possible. Also need to remember that this co giving out dividends every year until they're loss making.. so we can look forward to dividend plays as well but not in near future i guess..
TAYOR.

ESOS is non issue for me because for the last agm, Jan 2024 the comp only approve around 3 Mils.
The big ESOS around 60Mils was awarded during 2018 agm, which i believe mostly already exercised by the recipients.
Even after DBT of 40 Mils the owner still hold 63% of the company.
And i truly believe next Qr report will be good and will provide the catalyst to push the price beyond RM 1.
TAYOR

It was DBT. not dumping to retailers.. meaning someone acquired the shares directly from owner.. and it's just 40mils from their holding company YKY.. not 200M in total.

if the Qr and profit keep improving then current price can be considered cheap. I think someone make calculations based on FA that within 1-2 years fair price should be adjusted to RM 1.50 - RM 2.00 if this DC/AI theme continue to make grounds. TAYOR

TSMC just announced 36% profit increasment during last Qr.. Local techs will announce yhe same too i guess including JCY.. With fast capacity growth it will also double down on earnings.

Improvement in QR for 2 consecutive quarters. If can maintain the same in 1st Qr 2024 then definitely will follow the path of PANDA towards 50cents and above. Tech/IT/DC thematic play.

Most of investment group that i'm in are talking about ATAIMS.. soon it will cross 0.580.
Riding on EMS thematic play. Go ATA Go..

Their LSS4 solar project in Pekan are facing delays for 6 months already. Everyday gov will charge 250K. Company takde duit, kena denda lagi how to survive? Let see if citaglobal got the power to help this co. Hydro power in Sabah pun tak tahu apa progress.. Pn17 lagi bank pun tacott nak bagi loan.. Rubbish

in 3 weeks i believe will trade at 60-65 cents. Go PANDA!

Global Tech stocks looking good yesterday. PANDA Near TP 0.555, longterm TP 0.705.
End of this month QR announcements will put highlights on PANDA again.
This is just my own opinion, trade cautiously.

It was very good news regarding the PO of 85 mils from Johor Based DC (probably Sedenak). It means DCs are trusting local suppliers to do the job for them. I think the orders for super server will keep coming in as more DCs started their construction but i think the earliest financial impacts will only be seen early next year. It is very important for SNS to successfully implement the JB DCs for it to continue be the main players in this.

Every airlines sell tickets in advance.. Customers also book their tickets in advance.. Whats ponzi about that? Thats the nature of airlines biz.. Sell early good for company, buy early good for customers.. Win-win.
ADE & Teleport are growing at very good pace. MOVE, BigPay & Santan are looking to minimize losses and soon will be proven success.. Considering all the above factors then this is the best time to buy the stock.. As tony said he will repay loyal investors and i believe that he will. Just like when he announced the buyback shares which he was the first buy it back..

NVDA just surpassed MSFT as the world biggest co. AI frenzy not over yet.. DC/AI thematic still in play.. dont miss out on this.. keep the faith..

indeed. this is the best time to buy in or average down.. but first u need to have confidence for this co.. the future of AI/DC is huge. Remember what Jansen Huang said it's gonna be the 5th IR and you dont want to miss out on this.

come on this is just the beginning of AI/DC.. Everything is in first 10-20% phase.. the real FA implications will only contribute 2025 onwards.. probably 100% gains from current price.

*Bigger revenue and margins per unit sold*

HAVING identified artificial intelligence (AI) opportunities in Malaysia, SNS Network Technology Bhd now expects a meaningful contribution from its newly ventured data centre fit-out business segment.

Besides selling AI super servers, the ICT system and solutions provider is also involved in testing and commissioning as well as operation and management within the premises of data centres. In short, SNS fills the gap between server manufacturers and server buyers.

The group believes its financial performance will be lifted by the sale of AI super servers based on the selling price of RM1.5 million per unit and a gross profit margin of 15%, which is higher than its existing core business’ gross profit margin of about 5%.

“This is a game changer for SNS, and it’s a new playground. Generative AI is at the beginning of a supercycle,” co-founder and managing director Ko Yun Hung tells The Edge in an interview.

With more data centres being set up in the country, especially in Johor, he believes there will be growing demand for AI super servers. “We are seeing a lot of potential from this, for the enterprise segment,” he shares, noting that several tech firms have expressed interest in these servers.

As cost will be one of the challenges in adopting AI, Ko says SNS can play a role in helping clients navigate the AI journey. “Some customers may not want to worry much about the whole AI journey, so they can just subscribe to our services [instead of buying the super servers]. And the service, maintenance and warranty will be taken care of by us.”

He is of the view that SNS will be able to fend off market competition given its multi-channel and multi-brand strategy. Furthermore, the additional services could fetch better margins for the group.

“If you just sell the hardware, it will be about a 5% to 10% gross profit margin,” Ko says. In comparison, the traditional consumer devices business offers a gross profit margin of about 5%.

Another booster for AI/DC stocks.. euphoria continues..
https://www.thestar.com.my/business/business-news/2024/06/19/tm-singtel-in-data-centre-tie-up

next week will try to break & stay above 90cents for the third time. third time lucky maybe.
lets sail to RM 1.00.

this is just the beginning of aemulus.. semiconductor related biz.. riding along with AI/DC theme.
showing bigger revenue, smaller losses.. lets wait next QR for confirmation of a turnaround.

JCY will sell one-off items to DCs (HDD)..
But SNS will support in terms of setup, maintenance, upgrade.. recurrence income for years to come..
After move to main board big boys are start coming in... Huaattttt

still cheap to collect.
0.10 + 0.30 conversion rate. 40 cents cost.
mother already 42 cents.
don't know y people throw..haha

just made comparisons between salcon - ranhill and found out that salcon offer so much better returns. 10% profit margin. healthy company with a lot of cash reserve and small debts ratio.

https://www.klsescreener.com/v2/stocks/view/8567/salcon-berhad
https://www.klsescreener.com/v2/stocks/view/5272/ranhill-utilities-berhad

also monitor Salcon another water engineering specialist. Berjaya mopping up their shares recently. something is brewing there also? idk but as mentioned here DCs need to use huge amount of water for cooling down.

might be something similar to ranhill takeover?? wow!

if directors sell to new shareholders like creador/brahmal then it will be a major coup for powerwell (which i hope so). let see if they disclose anything soon. from financial POV it wont change much direction of the company. 20mils only equal to around 3.5%.. maybe new substantial shareholder will emerge soon after owning 5% of the co. for them to pay premium price for that amount of shares should indicate a good sign ,rite? monday will fly again trust me.. just hold tight.

PANDA will be next target, PM better than most of their peers. 70% profit of 2023FY already achieved during 1st quarter!! with growth projection and bigger development team i believe they can achieve more than double their FY24 profit. TAYOR.

Post restructuring and debt consolidation i would like to compare CapA (non aviation) with MISC since they both have identical nosh and profit margin.

CAP A : Nosh 4225M, Rev 650M, PM 13%

MISC : Nosh 4463M, Rev 4.3B, P 627M PM(15%)

Personally it make sense for me to keep buying/hold this counter.

Post disposal of aviation biz to AAX, Cap A can expect a more stable revenue of 500-600M every quarter with a roughly 50-60 million of profits. that would be quite impressive. if all of tony's plan went smoothly. CapA shareholders can expect :
1. to own shares in newco with aviation pure play biz.
2. a profitable non-aviation biz in Cap A post disposal. ADE will become major MRO player in this region with growing numbers of aircraft to serve. Teleport can replicate what we see in FeDex/DHL and become top of ASEAN player. MOVE & BigPay will grow in tandem with passenger growth and at certain point will be profitable as well.

3. CAPI listing in NASDAQ if really happen will be a major boost for Air Asia/CapA brand and generate interest for their aviation consultation biz.

4. With more than 400 new-type of aircraft bookings we can look forward to see a bigger aviation giant with more manageable and sustainable low cost carrier.

for more to come, lets hope everything went smoothly for them. losing Air Asia is not an option for us Malaysians. cheers!
3.

PN17 almost over for Cap A. After all the corporate exercise is done, funds will start pouring in as Cap A is no longer considered the affected issuer. long term investor wont just sell since they're looking forward since last year for CapA to resolve this PN17. Good luck to those looking to buy cheap!