NickelLee. Publish date: Fri, 07 Jun 2024, 01:07 AM
JCY (5161) If BIG Brother Does Well, So Should Little Brother
If the share prices of Western Digital (WDC) and Seagate Technology (STX) on Nasdaq is doing well, there is no reason to think that share prices of JCY International (JCY) should do any lesser. The logic, simply because JCY's business well-being is highly corelated to its customers WDC and STX since they co-exist within the same value chain. As much as WDC and STX are both very important customer of JCY, no-one should discount this business link.
Yes, JCY will continue to outperform as this is only the beginning. How?
1. Second half of 2024 results are expected to be better than First Half as confidently guided by management in their result review and commentary in May.
2. Operational Leverage and Economies of Scale for JCY is Much Greater Than its customers'. At slightly below 50% plant utilization rate, JCY has already clocked in RM5.34mn in net profit. Ask any production manager or factory owners what importance is when manufactures goods get pass breakeven utilization rate. When utilization rate surpasses breakeven level, profits can flow in exponentially with every improvement in utilization rate (also known as economies of scale).

TA Research, which has maintained its “overweight” call on the sector, noted the DC capacity in Malaysia is on track for significant expansion, with projections indicating an increase from 195 megawatt (MW) to 607MW by 2025.
“With the average construction cost of a DC in Malaysia ranging from RM35mil to RM50mil per MW, as outlined by the Research and Market’s report, the projected 607MW expansion translates to a gross construction value of RM21.2bil to RM30.4bil,” it said.
TA Research added such investments amounts are bound to benefit local players in the construction sector and industries related to building data centres.

💪👍🚍💰

🤑🤑🤑🙏🙏🙏

dividend entitlement date is 12th July 2024.

Conversion of Warrants to Ordinary Shares
10 Jul 2024 exercise of 10,438,000 Warrants

SIN-KUNG LOGISTICS BERHAD
World Without Boundaries
1. Trucking Services.
2. Container Haulage Services.
3. Warehousing & Distribution Services.
4. Other Logistics-related Services.

SIN-KUNG LOGISTICS BERHAD
Into cross-border trucking for deliveries between Malaysia, Singapore n Thailand.

Conversion of Warrants to Ordinary Shares
05 Jul 2024 exercise of 5,920,000 Warrants

for the first time, this undervalued penny stock SCGBhd is 1.01 at the end of trading! Infact, it did touch 1.03

KUALA LUMPUR (July 3): RHB Retail Research said Sin-Kung Logistics Bhd (KL: SINKUNG) is attempting to stage a bullish breakout, testing the immediate resistance17c resistance. In the event a breakout happens, the momentum would propel the counter towards 19c followed by 21c.

Moving North is always better than moving South. Anyway, this stock not bad Feng Sui! Business is good with increasing profit every quarter.

Conversion of Warrants to Ordinary Shares
03 Jul 2024 exercise of 4,970,500 Warrants

Focus Dynamics Group Bhd, emerged as a substantial shareholder in the in-flight catering firm Brahim’s Holdings Bhd. with a 12.19% stake or 28.8 million shares on 8th Oct. 2020.

Conversion of Warrants to Ordinary Shares
22 Jan to 23 Apr 2024 exercise of 1,215,900 Warrants
30 May 2024 exercise of 3,172,200 Warrants
04 Jun 2024 exercise of 2,625,450 Warrants
14 Jun 2024 exercise of 4,118,900 Warrants
27 Jun 2024 exercise of 8,481,800 Warrants
28 Jun 2024 exercise of 3,317,550 Warrants

TP 1.15🙏🙏🙏

buy 14.5c n sell at 18c, happened to me!

PETALING JAYA (Tuesday, 18 Jun 2024):
Malaysia to aggressively ramp up the capacity for renewable energy particularly solar. UOB Kay Hian (UOBKH) Research, in a report initiating coverage on the RE sector expects a total value of RM5.6bil to RM7bil in engineering, procurement, construction and commissioning (EPCC) contracts to be rolled out. Multiple solar projects with a total capacity allocation of 2,800MW will be awarded through the CGPP and LSS5 schemes in the coming one to two years. This would propel the earnings growth trajectory of solar companies that secured the projects. It's noted that Solarvest Holdings Bhd targeted to grow its recurring income assets to 30% of revenue in the coming years.

PETALING JAYA (Wednesday, 19 Jun 2024):
Joining intergovernmental organisation BRICS (Brazil, Russia, India, China and South Africa) can attract more foreign investments to Malaysia amid the intensifying economic race among global superpowers, say analysts.

VIENTIANE: Tuesday, 27 Jun 2023
In conjunction with the visit of Prime Minister Datuk Seri Anwar Ibrahim through the Malaysia-Thailand-Laos tripartite cooperation on the potential to increase cross-border electricity trade in Asean and assist Laos to become the "Battery of Asia”.
Tenaga Nasional Bhd (TNB) and Electricite du Lao (EDL) exploration on the potentials of hydropower in Laos is expected to generate returns of RM460 million to RM2.3 billion a year to TNB beginning 2025.

What about electric trucks revolutionizing the delivery industry? It wasn’t that long ago when the prospect of an electrified truck was a pipe-dream, cast aside as an improbable idea to help clean-up the haulage industry. Is adding a battery to a big, heavy truck regarded as illogical?

Surely, EPF still makes a lot of money from disposing large blocks of TNB shares, not to mention d dividends declared by TNB for shareholders all these years. It can be true that foreign companies like Apple, Microsoft, Nvidia, Amazon, etc... that is currently investing in M'sia data centres r d ppl walloping-up Tenaga shares. It's also d government strategy to woo FDI, to bring in foreign money to prop up our M'sian currencies. It's d priorities of these foreign companies to support TNB for their perpetual needs of electricity in order not to fail in this DC business.
Guys, while foreigners r walloping-up Tenaga shares at current low price, u better follow to buy n keep some b4 d share price surge🚀🚀🚀.

It certainly wasn't a sensible action by EPF disposing large blocks of TNB shares considering DC theme play will last multi years in M'sia. DC business is a perpetual growing business. It will be the greatest M'sia ever experience since Merdeka! EPF is so big and should not just join the ‘herd movement’, buying when the market is buying or selling when the market is selling. This will escalate the volatility in the market. Given the improving market outlook, there is no reason for institutional investors to sell. EPF’s paring of its shareholding in TNB affect support for the local market. IDK, what about foreign funds nibbling of TNB shares lately?

Guthrie's planters those days were very innovative eg. OP Mechanisation but not now.

TNB need to do Nuclear Power Plant to make its stock fly!
Nuclear power is the way to go if we want to produce clean energy at large scale. Prime Minister Datuk Seri Anwar Ibrahim, in one of his recent speeches, has said that the government supports exploring new technologies, including nuclear.

Immigration 1b offer for NIISe is a far cry from TNB Rm90b for new Power Grid jobs.

GEORGE TOWN, June 14 — Tenaga Nasional Berhad’s (TNB) monopole transmission tower project is expected to be completed by the end of November. The RM500 million project, launched in late 2022, features an 8.5km overhead transmission line running parallel to the iconic Penang Bridge. Upon completion, the monopole transmission towers will transmit 2,000 megawatts (MW) of electricity to Penang. Touted as an engineering marvel, the monopole transmission towers are believed to be the second of their kind in Malaysia, following a similar project in Melaka.

PETALING JAYA: The utilities sector will remain buoyed by healthy demand of electricity in the country, according to RHB Research. It noted that in the first quarter of 2024 (1Q24), electricity demand rose at a much faster 9.6% year-on-year (y-o-y) versus gross domestic product growth of 4.2%, largely driven by stronger commercial (up 11.2%) and domestic (up 16.8%) segments. Demand hit a new peak of 20,028MW in April.
TNB highlighted that the strong commercial demand growth was largely led by the commercialization of a 150MW data centre in 1Q24. It added there were two projects with a total capacity of 535MW completed under the Green Lane Pathway and another seven more (around 165MW) to be completed by this year.

better than Notion, JCY, Dufu, etc...

Rm1 this week

KUALA LUMPUR (Apr 14): Electric utility giant Tenaga Nasional Bhd (TNB) announced that its new coal-fired power plant in Manjung, Perak — dubbed “Manjung 4” — has begun commercial operations and will transmit an additional 1,000 megawatt (MW) into the national grid. TNB said the power supplied by the Manjung 4 plant has raised TNB Janamanjung’s generating capacity to 3,100MW, turning it into the largest independent power producer in Peninsular Malaysia today. Located on a 325ha land, TNB said Manjung 4 is Southeast Asia’s most efficient power plant at present and that it employs the super ultracritical combustion technology, which has met the stringent environmental standards set by the World Bank and Malaysia’s Department of Environment. Besides Manjung 4, TNB Janamanjung operates three other coal-fired power plants with a combined generating capacity of 2,100 megawatt. "Manjung 4 will contribute towards further stability of the grid system and enhance reliability of supply” said Shamsul Ahmad, the managing director of the group’s wholly-owned subsidiary TNB Janamanjung Sdn Bhd.

Today, SingKung traded price at 18c overshot my TP17C!

Power hungry data centers could threaten to place real strains on TNB energy grids in coming years. AI will require even more energy than we thought. Around 40% of electricity will be accounted for processing power, temperature cooling n lighting.

As AI is being deployed in healthcare, transport, finance, agriculture and education, 5G technology and possibly 6G technology in the future is the main driving force for our economic growth in the long term. It is predicted that in the future, most AI-related jobs will be reliant on telecommunication networks. This means that telecommunications providers in Malaysia play a crucial role in developing high-speed connectivity as well as security for their users.

If SCGBHD can hold above 90c for a week, i will buy more!

The power and water factors
Holistic management of resources crucial amid data centre frenzy. Data centres made up nearly 80% of the RM144.7bil approved digital investments into Malaysia. There must be more focus on upgrading grid infrastructure in places with over-concentration of data centres unlike the glove manufacturing craze in 2020 and electric vehicles in 2022, many deals struggled to turn profitable or to even take place, the rush for data centres seems more promising, given the backing by technology giants like Microsoft, Google and Nvidia.
Analysts point out that the main driver. for electricity demand growth in Malaysia will be data centres moving forward. Tenaga Nasional Bhd's (TNB) electricity sales already hit a record in the first quarter of 2024 at 31,899 gigawatts.
The industry veteran notes that electricity sales to data centres are "very lucrative". To exclusively meet the robust power needs of data centres, TNB had announced the setting up of the GREEN LANE PATHWAY last year to accelerate the electricity supply process. Before the Green Lane Pathway, the electricity supply process was between 36 months and 48 months.
However, with the Green Lane Pathway, the time has been reduced to 12 months.
Kinergy Advancement Bhd (KAB) executive deputy chairman cum group managing director Datuk Lai Keng Onn tells StarBizWeek that the country has to be cautions given that the power demand from data centres will peak in about three years. If the national grid is not improved adequately, we may face a situation where supply of electricity cannot meet demand. There must be more focus on upgrading grid infrastructure in places with over-concentration of data centres.
With Malaysia ramping up its data centre space, there needs to be a more holistic approach to handling the power and water situation in the country. In the case of electricity, an observer says that nuclear energy will be "unavoidable" for Malaysia, even without data centres. Nuclear power is the way to go if we want to produce clean energy at large scale. Prime Minister Datuk Seri Anwar Ibrahim, in one of his recent speeches, has said that the government supports exploring new technologies, including nuclear.

TNB Power Generation Sdn Bhd, known as TNB Genco plans what would be the country's largest initial public offering (IPO) in a decade valued at about $4 billion, the sources said, declining to be named owing to the confidential nature of the matter. Proceeds from the offering will be used to grow TNB Genco's renewable energy portfolio & said the company will explore various initiatives to boost shareholders value. The IPO, if it materializes, would be Malaysia's biggest.

Foreign investors in particular turned net buyers in a big way spending some RM1.5bil on local equities, the highest value year-to-date (y-t-d). Rakuten Trade equity research vice-president Thong Pak Leng anticipates the index to hover between the 1,620-1,630 range. Among the heavyweights, Tenaga Nasional Rm25 is not a dream.

PETALING JAYA: "The upcoming implementation of third-party access (TPA) framework is not a threat to the country’s sole electricity provider, Tenaga Nasional Bhd (TNB)", says RHB Research. The TPA is expected to be implemented in September and will allow renewable-energy (RE) producers to use the national electricity grid to deliver their green energy to customers in the country. RHB Research said TNB still own the infrastructure and will charge the independent power producers a fee for using its grid infrastructure.
RHB Research maintained a “buy” call on TNB with a target price of RM16.10 a share.

Kenanga Research has set a target price of RM14.50 per share for TNB.
535MW energy demand were already commissioned in March 2024, namely Yondr Data Centre and Princeton Digital Group Data Centre, both in Sedenak Tech Park, Johor. TNB also signed an Electricity Supply Agreement (ESA) for data centres each with Microsoft and Vantage.

PETALING JAYA: The mushrooming data centres(DC) in Malaysia will be the main driver for electricity demand growth, benefiting the country’s sole electricity provider, Tenaga Nasional Bhd (TNB).

In fact, TNB’s electricity sales already hit a record in the first quarter of 2024 at 31,899 gigawatt hours, driven by two new data centres that have a combined installed capacity of about 600 megawatts (MW).

Can JCY, Notion, Dufu n SNS compete with major global player for DC in our local market?
Nvidia is leader in AI and generative AI with its GPU chips while Seagate and Western Digital are major beneficiaries of the increased storage demands for AI. Seagate and Western Digital advanced technologies will keep HDDs in the forefront of demand over SSDs through 2030.

Hot stock! Will test 61c tomorrow🙏. If broken🚀

Sell on strength! Copper price -5.59% (weekly) n Aluminum price -2.78% (weekly).

Will first test 68c tomorrow. If broken, will🚀

Nvidia CEO Jensen Huang has signaled that his company aims to introduce a new version of its flagship AI chips each year as the world's most valuable chipmaker aims to unlock $100 trillion worth of opportunities in a "new Industrial Revolution."

okay, v will see how d stock price of these Big3 of HDD surge like glove mania during d covid pandemic.

Posted by chunah > 7 minutes ago | Report Abuse

JCY oct 2020 from 16 sen - 85 sen peak

With DC boom, i noticed a few of this HDD n SDD related stocks hv reverted back to their previous high price.

SNS Network aims to tap country’s Data Centre boom through new venture. 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 n commissioning as well as operation and management within the premises of Data Centers. In short, SNS fills the gap between server manufacturers and server buyers.

The ESOS at lower price never bothers me considering d current upbeat on booming Data Center n d high demand for HDD n SSD. It's a good buy at current price.