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2017-09-19 15:30 | Report Abuse
Hi JCY Followers,
Have a look at this investment article on WDC:
https://seekingalpha.com/article/4049872-western-digital-way-benefit-data-storage-demand-growth
The numbers shows that there's still robust demand for HDDs, underpinned by growth in cloud computing, which requires large storage sizes only HDD can provide.
Demand from consumer products continues to be robust too, thanks to HDD's relatively cheaper price per Gigabyte compared to SDDs.
Calling it a sunset industry seems premature.
Stock: [SDRED]: SELANGOR DREDGING BHD
2018-01-04 17:35 | Report Abuse
Exactly.. if you buy in at RM1.17, your yield will be 16% for 1 month of investment!
Fundamentally, net asset is RM2.15 per share after accounting disposal net gains and dividend payment . So SDRED is effectively trading at 45% discount to its net asset value. Whilst it is common for property companies to trade below net asset, 45% seems steep for a good counter with low net gearing (0.13x).
Say if it trades at 30% below net asset, it still should be valued at around RM1.50. Even if you buy at 1.50 today, the one off dividend yield is still 12.6%. Very compelling.