Western Digital Co. (NASDAQ:WDC – Free Report) – Research analysts at Wedbush raised their FY2024 earnings per share estimates for Western Digital in a research report issued on Monday, July 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of (-$0.86) per share for the year, up from their previous estimate of (-$1.36)

Wedbush also issued estimates for Western Digital’s Q4 2024 earnings at $1.46 EPS, Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $3.34 EPS, Q3 2025 earnings at $3.48 EPS, Q4 2025 earnings at $3.83 EPS and FY2025 earnings at $12.76 EPS.

Remark: Western digital to release Q4 2024 report next week, 30 July

Western Digital Co. (NASDAQ:WDC – Free Report) – Research analysts at Wedbush raised their FY2024 earnings per share estimates for Western Digital in a research report issued on Monday, July 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of (-$0.86) per share for the year, up from their previous estimate of (-$1.36)

Wedbush also issued estimates for Western Digital’s Q4 2024 earnings at $1.46 EPS, Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $3.34 EPS, Q3 2025 earnings at $3.48 EPS, Q4 2025 earnings at $3.83 EPS and FY2025 earnings at $12.76 EPS.

Remark: Western digital to release Q4 2024 report next week, 30 July

Western Digital Co. (NASDAQ:WDC – Free Report) – Research analysts at Wedbush raised their FY2024 earnings per share estimates for Western Digital in a research report issued on Monday, July 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of (-$0.86) per share for the year, up from their previous estimate of (-$1.36)

Wedbush also issued estimates for Western Digital’s Q4 2024 earnings at $1.46 EPS, Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $3.34 EPS, Q3 2025 earnings at $3.48 EPS, Q4 2025 earnings at $3.83 EPS and FY2025 earnings at $12.76 EPS.

Remark: Western digital to release Q4 2024 report next week, 30 July

今日选股｜看涨讯号强烈 NOTION集团蓄势反弹

技术图表显示，NOTION集团（NOTION，0083，主要板科技）正在1.91至2令吉区间横摆，在积极指标推动下，该股已出现看涨形态。

　若该股成功突破2.15令吉以上水平，在购兴回笼下，有望进一步攀高至2.25令吉、2.41令吉，甚至2.50令吉；止损点为1.79令吉。

　基本面方面，随着人工智能市场的蓬勃发展，大容量硬碟（HDD）的需求急剧上升，预计将对NOTION集团等供应链制造商有利。

　此外，在“中国+1”和“台湾+1”战略，以及美国有意对中国加征关税的情况下，NOTION集团的电子制造服务（EMS）和汽车业务有望持续增长，而大马在这方面具有优势，已成为东协首选的制造中心

Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.

Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion forecast, with a $513 million profit contrasting strongly with the $92 million loss a year ago. This growth was a turnaround after seven successive quarters of revenue decline

Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.

Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion forecast, with a $513 million profit contrasting strongly with the $92 million loss a year ago. This growth was a turnaround after seven successive quarters of revenue decline

Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.

Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion forecast, with a $513 million profit contrasting strongly with the $92 million loss a year ago. This growth was a turnaround after seven successive quarters of revenue decline

DUFU derive 60% HDD revenue from seagate and 40% HDD from western digital

"We attribute the underlying demand drivers to an increase from both traditional cloud computing workloads, as well as new AI-related deployments," he said. "While cloud service providers are continuing to build out that infrastructure, they increasingly focus on developing, deploying, and monetizing AI applications."

Mosley said this involves training large language models and expanding the entire hardware stack to support future generative AI content-driven growth.

While hard disk drive demand pull-through related to AI is still relatively small, Mosley said, "We believe HDDs will play a crucial role in enabling both of these phases of the AI adoption curve."

"By offering cost-efficient, scalable storage solutions, HDDs are ideal for maintaining the integrity of AI training data sets, as well as preserving the valuable content that AI engines are projected to generate in the future," he said

Mosely also discussed generative AI, which can generate text, images, videos, or other data using generative models, saying that “as GenAI engines mature, customers expect an acceleration in content creation that will lead to significant demand for mass capacity storage.”

“We recognize that GenAI is still in its early stages of adoption,” he said. “However, this customer feedback combined with our early engagements with nearline cloud and OEM customers reinforces our view that mass capacity storage will be a beneficiary in both the cloud and at the edge as the adoption of these new exciting applications takes hold.”

"We attribute the underlying demand drivers to an increase from both traditional cloud computing workloads, as well as new AI-related deployments," he said. "While cloud service providers are continuing to build out that infrastructure, they increasingly focus on developing, deploying, and monetizing AI applications."

Mosley said this involves training large language models and expanding the entire hardware stack to support future generative AI content-driven growth.

While hard disk drive demand pull-through related to AI is still relatively small, Mosley said, "We believe HDDs will play a crucial role in enabling both of these phases of the AI adoption curve."

"By offering cost-efficient, scalable storage solutions, HDDs are ideal for maintaining the integrity of AI training data sets, as well as preserving the valuable content that AI engines are projected to generate in the future," he said

Mosely also discussed generative AI, which can generate text, images, videos, or other data using generative models, saying that “as GenAI engines mature, customers expect an acceleration in content creation that will lead to significant demand for mass capacity storage.”

“We recognize that GenAI is still in its early stages of adoption,” he said. “However, this customer feedback combined with our early engagements with nearline cloud and OEM customers reinforces our view that mass capacity storage will be a beneficiary in both the cloud and at the edge as the adoption of these new exciting applications takes hold.”

"We attribute the underlying demand drivers to an increase from both traditional cloud computing workloads, as well as new AI-related deployments," he said. "While cloud service providers are continuing to build out that infrastructure, they increasingly focus on developing, deploying, and monetizing AI applications."

Mosley said this involves training large language models and expanding the entire hardware stack to support future generative AI content-driven growth.

While hard disk drive demand pull-through related to AI is still relatively small, Mosley said, "We believe HDDs will play a crucial role in enabling both of these phases of the AI adoption curve."

"By offering cost-efficient, scalable storage solutions, HDDs are ideal for maintaining the integrity of AI training data sets, as well as preserving the valuable content that AI engines are projected to generate in the future," he said

Mosely also discussed generative AI, which can generate text, images, videos, or other data using generative models, saying that “as GenAI engines mature, customers expect an acceleration in content creation that will lead to significant demand for mass capacity storage.”

“We recognize that GenAI is still in its early stages of adoption,” he said. “However, this customer feedback combined with our early engagements with nearline cloud and OEM customers reinforces our view that mass capacity storage will be a beneficiary in both the cloud and at the edge as the adoption of these new exciting applications takes hold.”

Seagate reported fourth-quarter earnings of S1.05 per share, compared with a loss of 18 cents per share a year ago, beating analysts’ estimates of 75 cents.

Revenue totaled $1.89 billion, up from $1.60 billion a year ago, and coming in ahead of Wall Street’s call for $1.87 billion in sales.

Looking ahead, Seagate said it expects first-quarter revenue of roughly $2.1 billion, compared with estimates of $1.88 billion. The company anticipates adjusted earnings of $1.40 per share, compared with 75 cents per share estimates

“Seagate commented that its nearline exabyte supply is committed through the end of the calendar year, resulting in extended product lead times and overall tighter supply conditions,” he said. “Management anticipates growth to continue in fiscal 2025 driven by both traditional cloud computing workloads, as well as new AI-related deployments.”

Seagate reported sales, gross margins, and operating profits significantly above expectations, aided by stronger-than-expected recovery in its cloud customers, which resulted in a shift to higher capacity drives and improved pricing, the analyst tells investors in a research note.

The firm said management's guidance suggests demand strength at cloud customers is expected to be sustained

Seagate reported fourth-quarter earnings of S1.05 per share, compared with a loss of 18 cents per share a year ago, beating analysts’ estimates of 75 cents.

Revenue totaled $1.89 billion, up from $1.60 billion a year ago, and coming in ahead of Wall Street’s call for $1.87 billion in sales.

Looking ahead, Seagate said it expects first-quarter revenue of roughly $2.1 billion, compared with estimates of $1.88 billion. The company anticipates adjusted earnings of $1.40 per share, compared with 75 cents per share estimates

“Seagate commented that its nearline exabyte supply is committed through the end of the calendar year, resulting in extended product lead times and overall tighter supply conditions,” he said. “Management anticipates growth to continue in fiscal 2025 driven by both traditional cloud computing workloads, as well as new AI-related deployments.”

Seagate reported sales, gross margins, and operating profits significantly above expectations, aided by stronger-than-expected recovery in its cloud customers, which resulted in a shift to higher capacity drives and improved pricing, the analyst tells investors in a research note.

The firm said management's guidance suggests demand strength at cloud customers is expected to be sustained

Seagate reported fourth-quarter earnings of S1.05 per share, compared with a loss of 18 cents per share a year ago, beating analysts’ estimates of 75 cents.

Revenue totaled $1.89 billion, up from $1.60 billion a year ago, and coming in ahead of Wall Street’s call for $1.87 billion in sales.

Looking ahead, Seagate said it expects first-quarter revenue of roughly $2.1 billion, compared with estimates of $1.88 billion. The company anticipates adjusted earnings of $1.40 per share, compared with 75 cents per share estimates

“Seagate commented that its nearline exabyte supply is committed through the end of the calendar year, resulting in extended product lead times and overall tighter supply conditions,” he said. “Management anticipates growth to continue in fiscal 2025 driven by both traditional cloud computing workloads, as well as new AI-related deployments.”

Seagate reported sales, gross margins, and operating profits significantly above expectations, aided by stronger-than-expected recovery in its cloud customers, which resulted in a shift to higher capacity drives and improved pricing, the analyst tells investors in a research note.

The firm said management's guidance suggests demand strength at cloud customers is expected to be sustained

Seagate, 91.5% HDD, share price breakup record all time highest

Seagate, 91.5% HDD, share price breakup record all time highest

Seagate, 91.5% HDD, share price breakup record all time highest

Seagate report Total revenues of HDD (91.5% of revenues) rose 25% year over year to $1.727 billion in the reported quarter. On a sequential basis, revenues were up 17%.

Systems, SSD & Other segment’s revenues (8.5%), including enterprise data solutions, cloud systems and solid-state drives, were $160 million, down 27% on a year-over-year basis and 10% sequentially.

Seagate report Total revenues of HDD (91.5% of revenues) rose 25% year over year to $1.727 billion in the reported quarter. On a sequential basis, revenues were up 17%.

Systems, SSD & Other segment’s revenues (8.5%), including enterprise data solutions, cloud systems and solid-state drives, were $160 million, down 27% on a year-over-year basis and 10% sequentially.

Seagate report Total revenues of HDD (91.5% of revenues) rose 25% year over year to $1.727 billion in the reported quarter. On a sequential basis, revenues were up 17%.

Systems, SSD & Other segment’s revenues (8.5%), including enterprise data solutions, cloud systems and solid-state drives, were $160 million, down 27% on a year-over-year basis and 10% sequentially.

Seagate further guide next Q result will even higher, increase at least by another 40%, share price stand to keep breakout uncharted record high

Seagate further guide next Q result will even higher, increase at least by another 40%, share price stand to keep breakout uncharted record high

Seagate further guide next Q result will even higher, increase at least by another 40%, share price stand to keep breakout uncharted record high

Next coming will be Western digital to release Q result end July to further reaffirm HDD exponentially growth

Next coming will be Western digital to release Q result end July to further reaffirm HDD exponentially growth

Next coming will be Western digital to release Q result end July to further reaffirm HDD exponentially growth

Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.

Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock

Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.

Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock

Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.

Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock

Just wait for notion BIG announcement soon

1. By Aug 2024, Notion will clinch JV deal with China partner in high volume aluminum extrusion export business

2. By Aug 2024, Notion will have agreement with exiting customer in the EV automotive plunger business to increase capacity significantly

3. Strong steady growth in high end appliance business

4. Notion HDD manufacture plant in Rojanan industrial park in Thailand have ramp up manufacturing utilization rate up to 90% and in the process of hiring personnel to accommodate increase demand

5. Due to the sub-micron precision requirements in manufacturing, the barriers of entry have become extremely high. Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers, Western digital, Seagate, Tosibah.

The ESOS was awarded in 2017 and 2020 at 10% discount to market price on 2017 and 2020. Similarly, YTL ESOS also awarded few year ago at that year market price around 50 - 60sen.

Now, notion share price surge is to reflect business
turnover similar to YTL. Director off course can exceise their entitlement ESOS which was awarded few year ago as ESOS have valid period 5 year unless seek extension in AGM

Please check earlier Q result, the amount ESOS outstanding is clearly stated in Q result. More importantly, these ESOS was awarded to directors few year ago and these ESOS volume is fix and valid for 5 year. Director have 5 year periods time to exercise their entitlement anytime within 5 year validity period just alike YTL director which currently also opt to exercise their ESOS before validity time expire date

Uptrend

1. By Aug 2024, Notion will clinch JV deal with China partner in high volume aluminum extrusion export business

2. By Aug 2024, Notion will have agreement with exiting customer in the EV automotive plunger business to increase capacity significantly

3. Strong steady growth in high end appliance business

4. Notion HDD manufacture plant in Rojanan industrial park in Thailand have ramp up manufacturing utilization rate up to 90% and in the process of hiring personnel to accommodate increase demand

5. Due to the sub-micron precision requirements in manufacturing, the barriers of entry have become extremely high. Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers, Western digital, Seagate, Tosibah.

Another 2 director, executive directors and directors of trade and corporate finance, joining buying notion openly

Dufu is BIG laggard HDD stock, Once confirm turnaround, it will form V shape recovery toward normalize level above RM 4

Uptrend line

1. By Aug 2024, Notion will clinch JV deal with China partner in high volume aluminum extrusion export business

2. By Aug 2024, Notion will have agreement with exiting customer in the EV automotive plunger business to increase capacity significantly

3. Strong steady growth in high end appliance business

4. Notion HDD manufacture plant in Rojanan industrial park in Thailand have ramp up manufacturing utilization rate up to 90% and in the process of hiring personnel to accommodate increase demand

5. Due to the sub-micron precision requirements in manufacturing, the barriers of entry have become extremely high. Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers, Western digital, Seagate, Tosibah.

For FY2024, target revenue growth +20%, mainly through HDD, EMS
For FY2025, target revenue growth +25%, mainly through Automotive
For FY2026, target revenue growth +100%, mainly through JV with China partner, for manufacture Aluminum extrusion for solar panel frame

For FY2024, the Board is confident that it is a turnaround year. Additionally, the expectation is for H2 FY2024 to out-pace H

Aug 20204, Notion will clinch JV deal with China partner in high volume aluminum extrusion export business. These High volume aluminium extrusion is use for solar panel frame to be manufacture in Klang plant 3. Once agreement signed, it is expect to come on stream in mid 2025.

Advantage enjoyed by Dufu and Notion is that demand for disk spacers increases in tandem with storage capacity, for high end HDD. However, for base plates — in which JCY has a presence — the growth goes in
tandem with the unit of shipment.

Take for example, western digital 18 TB HDD now increase disk per base plate to 9 disk for hyper scale data center. In turn of per unit shipment, western digital need order 1 base plate from JCY, but western digital need order 9 spacer from notion and each spacer posses high precision up to sub micro level in order to achieve high heat dispersion between disk. Notion also supply clamp on top of spacer in each HDD.

Therefore, notion business volume is highly correlate with high capacity HDD storage for current AI power data center

added last batch at 2.10

Advantage enjoyed by Dufu and Notion is that demand for disk spacers increases in tandem with storage capacity, for high end HDD. However, for base plates — in which JCY has a presence — the growth goes in tandem with the unit of shipment, which has been falling over the years because low-end HDDs are being replaced by solid-state drives (SSDs), which are faster, lighter, more durable and consume less energy.

In summary,
1. JCY correlate with HDD unit shipment and low end HDD use in PC
2. Dufu and Notion correlate with HDD capacity and high end HDD use in hyper scale data center

The key players in the HDD segment have now consolidated into 3 major manufacturers. Due to the sub-micron precision requirements in manufacturing, the barriers of entry have become extremely high. Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459559

Advantage enjoyed by Dufu and Notion is that demand for disk spacers increases in tandem with storage capacity, for high end HDD. However, for base plates — in which JCY has a presence — the growth goes in tandem with the unit of shipment, which has been falling over the years because low-end HDDs are being replaced by solid-state drives (SSDs), which are faster, lighter, more durable and consume less energy.

Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers.....only
winner take all market share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459559

Cut jcy at 70.5sen, swap all to notion due to message from Notion...

The key players in the HDD segment have now consolidated into 3 major manufacturers. Due to the sub-micron precision requirements in manufacturing, the barriers of entry have become extremely high. Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers.

bought notion at 2.13-2.15

The key players in the HDD segment have now consolidated into 3 major manufacturers. Due to the sub-micron precision requirements in manufacturing, the barriers of entry have become extremely high. Only a few approved vendors including Notion VTec are qualified to supply these 3 major manufacturers.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459559

The widespread adoption of cloud computing has reduced the number of organizations that operate their own data centers, but has only increased the number of data centers around the world, as large hyperscalers such as Amazon Web Services, Google Cloud Platform and Microsoft Azure continue to build out the infrastructure necessary to accommodate their customers.

In fact, according to AFCOM, the leading membership association for data center professionals, we’re about to experience skyrocketing data center construction, with new projects increasing sixfold in the next three years. The prediction is included in AFCOM’s recently released eighth annual State of the Data Center report. If you guessed that artificial intelligence — and the massive volumes of data storage and computing power required by it — is primary the cause of the data center boom, you guessed right