Tomorrow limit down? :/

natgate issue pp to raise rm429mil to buy cpu and gpu for the ai server!

Not all bursa companies make announcement when they secure a big order or new customer.

customer c = cambridge industry group

Whenever a global mnc becomes a major customer of a bursa listed company, its share price tends to become a multibagger.

For example,
1) Dyson => VS, SKPRES, ATAIMS
2) Tesla => GENETEC
3) Apple/Broadcom => INARI
4) Tsmc => FRONTKN
5) Bmw => D&O
6) Nvidia => YTLPWR
7) Seagate / Western Digital => DUFU, NOTION

So, can natgate become a multi bagger too given their primary source of income is derived from Nvidia ai server, Coherent optical modules and Bitmain bitcoin mining machine?

No, this is not an ai server.

NVIDIA HGX H100 8GPU Server is much bigger size and its retail price is about RM1.5mil.

I managed to buy some at 2.26. Lucky me!

u guys seriously under estimated how much they can make from optical modules when the production lines fully resume in 2H.

sns is just a reseller while dufu notion jcy is just a hdd parts supplier.

Seriously, look at the spec of the ai server. Do u see hdd?

xfusion server is also using nvidia server. There are the same thing but just different brand.

Initially I thought they appoint natgate as an ems for their nvidia server but now i am not sure. It would be nice if natgate sell the server under their own brand but also manufacture it for other brand.

I foresee natgate will hit 1bil revenue from ai server and 500mil revenue from optical module this year. Both of them are very important in ai data center.

I read it from an ib's sector research report but i forgot where i read it.

Retail price for a H100 8gpu server is about 1.5mil ringgit. Assume net profit of just 100k per server, they could potentially make 100 mil if they deliver 1000unit of ai server this year. The profit from the ai servers alone will be higher than the money they made in 2022!

Why then it's not reflected in Natgate's revenue and profit ?
----------------------------
Because they just began the production of the ai server in Q1. So far only 20 units delivered, 980 units more to go.

Those who said vitrox is struggling to get into china market has no idea what they are talking about. Just read the annual report and do the math to see how much revenue they got from china in last 3 years.

That research report is misleading. Vitrox is actually doing quite well in china but struggling to in malaysia.

Because its primary customer who contributed more than half of the revenue is still in the process of relocation from china to malaysia therefore cause a temporary drop of revenue. The relocation is expected to be completed by 24Q3.

hdd is mostly used for those conventional datacenter for data storage purpose. That is why the rise of online streaming media like netflix youtube tiktok created huge demand for hdd in last 10 years.

However what ai datacenter really need is ssd which has much higher data read/write speed.

Who are the Ultimate beneficiaries ?

=> DUFU, NOTION, JCY as parts manufacturer for hdd, SAM as hdd/ssd test equipment manufacturer.

They said this in their recent released annual report 2023:

With the mix of capabilities and the products and solutions offered, Mi Group as a comprehensive solution provider is ready to seize any opportunities for business diversification and localisation. We remain aggressively optimistic about the Group’s prospects for the FYE 2024 and beyond. We are confident that the gradual recovery seen in the worldwide semiconductor manufacturing sector will lay the groundwork and build the momentum for continual growth.

We shall continue to pursue our path in diversification for the SEBU where the newer state-of-the-art machines series are expected to bring heightened contributions to overall revenue. The SMBU, equipped with cutting-edge manufacturing technologies to produce micro-solder balls from our patented alloy, will continue to expand its market presence. In SSBU, our initiative aligns with our strategy will enable the Group to seize opportunities within the Automotive & Renewable Energy segment.

So here they said they are "aggressively optimistic". How ah?

u know what was the best part? They said they were optimistic but the price still big gap down on next day. Now they are pessimistic when every signs suggest that the worse of semicon industry is over and recovery is on the way.

In 23Q4, net profit was 20mil if excluding 8mil forex loss, price big gap down on next day. Now the net profit was 17mil if excluding 10mil forex gain, so price should gap up or gap down?

when kyy call buy, u run. This strategy works EVERY.FKING.TIME.

EPF has emerged as the second largest shareholder of SAM. Finally the national team discovers the value of this fast growing tech company and bought huge shares in just one shot!

Eca barely maintained profitable in last quarter. Without new orders, how u guys think it can remains profitable in next qr?

btw the nationgate's factory that manufacture the ai server is about the size of pie's factory. If pie can get >rm1bil per annum, why not nationgate?

5354, A good company should build a factory on suitable land but not the land own by another big boss company.

What good news? Secure ai server contract?

No, pie is not the 1st or the only one doing nvidia server in bursa.

nowaday high capacity hdd can use up to 12 plates hence more spacers are needed. That is why dufu can still make good money while other hdd players like notion jcy suffer from the rise of ssd.

they are making hdd spacers. The purpose of spacer is to separate the disk plates inside hdd from touching each others.

http://www.nationgate.com.my/gpu_server1.html

ai server contract? how? by doing what? put a spacer inside a server?

The key is not about einvoice upgrade. It is about all biz in regardless of size need einvoice. That means even a roadside hawker who never bought any accounting software need to buy a software to comply to the requirement.

Imagine what kind of potential it will be.

Mark my words, this counter will become smci malaysia version. They are going to start mass production of ai server powered by nvidia chips very soon!

More impairment inkambing due to china deflation and weak consumer spending.

Limit down inkambing!

I would not sweat a bit especially the huge 10mil forex loss was unrealised. No biggie because all semicon companies do biz in usd therefore provide a nature hedge against forex fluctuation.

Fertilizer price already falling back to prewar level.

Short Squeeze inkambing!!!

That was UEM Renong and it has nothing to do with UEM Sunrise.

Chb doesnt own any data center :facepalm:

Data center m&e contractor ftw!!! Gogogo!

U ppl are narrow minded if u are looking at potential revenue from the construction of data centers only. In fact, most of their revenue derived from Penang E&E manufacturing facilities expansion (or new) by global E&E MNC. The demand for semicon maybe slow now but definitely not the new/expansion of the E&E manufacturing facilities.

qr bomb imkambing! Mark my words!

Those who missed the boat can consider perdana and eatech for osv sector turnaround theme play.

It is a no brainer to buy an offshore support vessel stocks given the current charter rate.

OSV company is doing exceptionally well since the chartered rate shoot through the roof!

Johor theme play is awesome!

typical pump and dump.

The result would be even better if not for the 10mil forex loss.