Posted by pang72 > 2024-06-04 17:48 | Report Abuse

Director bought 500,000 shares at $1.455 in the open market AGAIN

Posted by pang72 > 2024-06-04 17:49 | Report Abuse

This stock is multiple fund, directors, insider sapuing nonstop everyday

Posted by pang72 > 2024-06-04 17:49 | Report Abuse

Break the roof soon

Posted by GrowingRich > 2024-06-04 17:52 | Report Abuse

Gentingbig:

"NOTION, AND DUFU UP A LOT already lah. so people switching over to JCY which is logical as afterall the chance to pump and dump without any sentimental feeling to any counter now. i have been going in and out of SNS/JCY 4 round already lah"

yah lor👍

that should be the right spirit🤠 lor

we should be supporting one another and sharing useful☺️ info for mutual benefit leh

Posted by GrowingRich > 2024-06-04 17:55 | Report Abuse

yep mr pang72, you're doing great helping to sustain notion upward momentum

keep up the good👍 work

Posted by pang72 > 2024-06-04 17:59 | Report Abuse

It is OK to switch to jcy...since jcy will benefited to hdds huge demands..
I will continue to love my Notion like the directors do..

Averaging up everyday

Posted by Jerung > 2024-06-04 18:00 | Report Abuse

Heng Ong Huat
https://www.klsescreener.com/v2/news/view/1336613/well-diversified-notion-vtec-seeks-next-earnings-boost

Posted by rainman777 > 2024-06-04 18:02 | Report Abuse

Hahahaha bumbung pun mau pecah macam in tak kaya pun tak boleh Koh, Wakaka

Posted by pang72 > 2024-06-04 18:26 | Report Abuse

Wow!! Heng heng heng lo

Posted by pang72 > 2024-06-04 18:27 | Report Abuse

Today.... Learning

Patience x10!!
忍X10。。。

Notion $3.00

Posted by ChloeTai > 2024-06-04 18:45 | Report Abuse

Well-diversified Notion VTec seeks next earnings boost
This article first appeared in The Edge Malaysia Weekly on May 27, 2024 - June 2, 2024
PRECISION parts manufacturer Notion VTec Bhd (KL:NOTION), which has been under the radar of investors in recent years, appears to be solidly back in favour with its stock price surging 225% since the beginning of the year.
Its peers in the manufacturing of hard disk drive (HDD) components — JCY International Bhd (KL:JCY) and Dufu Technology Corp Bhd (KL:DUFU) — have also enjoyed investor interest, even though the counters have gained only 81% and 25% respectively.
The stronger share price performance of the three stocks is believed to be partly driven by news reports in April of Western Digital Corp (WD) and Seagate Technology raising their pricing for new HDD orders owing to supply shortages.
Main Market-listed Notion VTec currently operates in several business segments, including HDD, automotive and electronic manufacturing services (EMS).
In an interview with The Edge, Notion VTec executive chairman Thoo Chow Fah reveals that the group is in advanced negotiations with potential Chinese partners over aluminium extrusion and machining ventures, driven by the latter’s need to relocate their operations out of China because of US-China trade tensions and US tariff hikes on specific Chinese imports.
According to Thoo, in a blue-sky scenario, the aluminium extrusion projects are expected to generate an additional RM500 million in annual revenue, thereby creating a fourth major pillar in Notion VTec’s business portfolio.
“We are in the advanced stage of discussing ventures with two potential Chinese partners in aluminium extrusion and machining as these partners are planning to move their operations out of China. We are quite close to deciding which partner we want to team up with,” says the 71-year-old mechanical engineer.
Notion VTec generated revenue of RM334 million in the financial year ended Sept 30, 2022 (FY2022) and RM345 million in FY2023, with 23% coming from the HDD business, 31% from the automotive segment, 44% from EMS and camera and 2% from personal protective equipment (PPE). For 1HFY2024 ended March 31, 2024, turnover amounted to RM205.388 million (see chart).
Thoo says that, internally, Notion VTec aims to achieve a top line of RM500 million in FY2025 and double the target by FY2026.
“Overall, we are positive on the company’s outlook over the next five years in terms of top and bottom line. It is our board’s vision and hope to hit the RM1 billion revenue mark and we believe it should happen by FY2026 or beyond,” he elaborates.

Posted by ChloeTai > 2024-06-04 18:46 | Report Abuse

However, Notion VTec would need to finalise some of its joint venture plans as realising the targets solely through organic growth would be challenging.
“Let me put it this way: our existing businesses [HDD, automotive and EMS] are not likely to drive us to achieving RM1 billion in turnover. Our next growth catalyst could be the aluminium extrusion business. If the new ventures do come about, they will have a major impact on our revenue from FY2025,” says Thoo.
Nearly two decades ago, in February 2005, he was appointed to Notion VTec’s board of directors. He is the brother-in-law of managing director William Choo Wing Hong and executive directors John Choo Wing Onn and Choo Wing Yew. As at Dec 29 last year, the Choo brothers and Thoo collectively owned 20.338% equity interest in the company.
Notion VTec’s earnings performance has been rather lumpy since the Covid-19 pandemic. After reporting a net profit of RM6.3 million in FY2020, the group slipped into the red with a net loss of RM7.8 million in FY2021.
Although Notion VTec returned to the black in FY2022, with a net profit of RM9.4 million, it incurred a net loss of RM45.02 million in the following financial year, attributing it mainly to impairment of plant and machinery amounting to RM30.69 million and inventory write-off of RM8.5 million.
Thoo concedes that it was a “painful decision” for Notion VTec to fully impair its PPE assets and investments as the group “cannot wait for a recovery” of the PPE industry. Like other PPE players, it suffered a decline in average selling prices amid an oversupply in the market.
“We have cut our losses and completed the impairment and exited the healthcare business. A hard lesson learnt,” he acknowledges. Notion VTec was among the first to jump on the PPE manufacturing bandwagon in 2020 in response to the shortage of such equipment following the Covid-19 outbreak.
“Many things have happened over the past five years. Certainly, the pandemic took us all by surprise and the time needed to restore [normalcy] was long. That’s when Notion VTec entered healthcare out of little choice,” says Thoo.
“Our main markets were disrupted by shipping, lockdowns, disruption of supply chain, downtime and other factors. It was a very unproductive period. It was scary in the beginning but we managed to gradually restore and recover. It’s a great time to learn and reflect too.”

Posted by ChloeTai > 2024-06-04 18:46 | Report Abuse

The Western Digital factor
In early April, it was reported that American computer drive manufacturer and data storage giant WD was seeing higher-than-expected demand across its entire flash and hard drive portfolio.
In response to the supply chain challenges in the electronics industry, WD had reportedly issued formal letters notifying its customers of product price increases. The adjustments took immediate effect in some cases.
Due to the growing demand for high-capacity HDD products driven by the artificial intelligence (AI) hype, WD’s rival Seagate Technology joined the price hike party a few weeks later.
Notion VTec has direct accounts with WD and Toshiba, as well as indirect accounts with Seagate through its unit in Thailand.
Thoo says Notion VTec’s main supply is in high-volume manufacturing of HDD spacers and disk clamps for the enterprise segment, which supports cloud and data centre storage.
“We have seen strong demand in recent months and this will continue in the next five years or more, driven by new demand in the generative AI data needed for machine learning text, videos and imaging tech for ChatGPT, full self-driving (FSD) AI led by Tesla and humanoid AI robots in the coming years,” he elaborates.
In any event, Thoo anticipates exciting times ahead for Notion VTec’s HDD segment, which is expected to contribute about 30% to group revenue.
“There are reports suggesting that the HDD demand is trending upwards due to this new AI growth trend. I believe this supply shortage is a result of the recovery of cloud and new data centres,” he observes.
For the automotive segment, Notion VTec produces the electronic braking system’s (EBS) aluminium hydraulic plunger for major manufacturers, including for electric vehicle (EV) customers.
“This sector will continue to grow with our new customer in South Korea supplying volume production of solenoid valves for the auto sector starting 2HFY2024,” says Thoo, adding that the automotive division is expected to contribute 35% to the group’s top line.
In the EMS accessories business, although Notion VTec already has a major client in the segment, the group has taken on board a few new customers.
“These new EMS clients are also in the high-end electrical appliances sector and other niche industries. We expect a 35% contribution to our group revenue,” he says.

Posted by ChloeTai > 2024-06-04 18:47 | Report Abuse

Laggard no more?
Looking at Notion VTec’s share price performance against that of its closest peers, namely JCY and Dufu, Thoo concedes that his company was a laggard before the recent surge. At market close last Thursday, Notion VTec had a market capitalisation of RM536.7 million, lower than that of JCY (RM844.3 million) and Dufu (RM1.25 billion).

Posted by ChloeTai > 2024-06-04 18:48 | Report Abuse

“All three of these PLCs [Notion VTec, JCY and Dufu] are machinist companies serving the HDD sector. I would say Notion is the most diversified among them,” he says.
“But yes, Notion has been underperforming over the past few years, mainly because we had to struggle on with the new investment in healthcare, and as a result we took our eyes off precision machining. We are now back in force and we should see strong stable growth going forward.”
Except for a one-for-two bonus issue of ordinary shares in 2020, Notion VTec has not paid cash dividends since FY2019. The company is currently undertaking a one-for-10 bonus issue of free warrants.
“When you are losing money, there’s simply no money to fund dividends. It has been testing times. We know the pain, so investors need to stay patient while we work hard to restore and rejuvenate the business model,” says Thoo.
At end-December last year, Notion VTec had cash in the bank amounting to RM52.24 million. According to Absolutely Stocks data, its net cash position stood at RM16.8 million. The latest warrant exercise, assuming full conversion, is estimated to bring in additional cash of RM23 million over the next five years.
“However, very few would convert to the mother share until the tail end. Free warrants are to reward shareholders and great instruments in a rising share price environment,” he says.

Posted by pang72 > 2024-06-04 18:51 | Report Abuse

He shld add Notion target price $3 in view of huge demand in hdds, automotive and ems following with new aluminium centure:)
End of report...!

Posted by ChloeTai > 2024-06-04 18:52 | Report Abuse

Now it is Notion Vtec's turn to have a big advertisement:

The key words are "LAGGARD NO MORE". Starting tomorrow, Notion will be goreng "kaw kaw".
At market close last Thursday, Notion VTec had a market capitalisation of RM536.7 million, lower than that of JCY (RM844.3 million) and Dufu (RM1.25 billion).
Catch up with JCY first, followed by Dufu.

Posted by pang72 > 2024-06-04 19:03 | Report Abuse

Directors MR CHOO WING HONG bought 500 lots on 04-Jun-2024 at $1.455...

Today, $1.54 only.... 9c up to the price which comfortable by director as safety margin price

Posted by pang72 > 2024-06-04 19:04 | Report Abuse

So, I believe Notion still hv huge potential to go up

Posted by Ravi Kumar > 2024-06-04 20:14 | Report Abuse

Is this even an issue?

pang72

https://markets.businessinsider.com/news/stocks/berkshire-hathaway-stock-down-99-stock-market-glitch-nyse-error-2024-6

What happen tonight?
Let's see will it spark the major craahing

14 minutes ago

Posted by GrowingRich > 2024-06-04 20:35 | Report Abuse

hopefully🙏 not lor

Posted by GrowingRich > 2024-06-04 20:41 | Report Abuse

Gentingbig:

"NOTION, AND DUFU UP A LOT already lah. so people switching over to JCY which is logical as afterall the chance to pump and dump without any sentimental feeling to any counter now. i have been going in and out of SNS/JCY 4 round already lah"

so, mr gentingbig aah, what other stocks from your experience, of similar 50 - 70 sen price range similar to sns and jcy, you reckon would be suitable for playing in and out geh.

like if you do not mind sharing with us lor

Posted by pang72 > 2024-06-04 20:49 | Report Abuse

Posted by Ravi Kumar > 31 minutes ago | Report Abuse

Is this even an issue?

pang72

https://markets.businessinsider.com/news/stocks/berkshire-hathaway-stock-down-99-stock-market-glitch-nyse-error-2024-6

What happen tonight?
Let's see will it spark the major craahing

14 minutes ago

THIS IS NOT AN ISSUE FOR NOTION INVESTORS.
THIS IS TO SLAP THE GUY - CHUNAH WHO WANTED FUND FAULTS ON NOTION.

Posted by pang72 > 2024-06-04 20:52 | Report Abuse

Happy invest in hdds stocks to get the best out of it..
Choose any one Notion, DUFU or jcy.... Will benefited from hdds rocket demand for data center driven!

Posted by pang72 > 2024-06-04 20:54 | Report Abuse

Anywhere, I will ignore nyasayang, to focus on stock than wasting time to argue..

Posted by pang72 > 2024-06-04 20:58 | Report Abuse

So, 1st saw Mr Tan bought 28mils shares
2nd saw Lee tian yoke bought 150 lots
3rd saw CHOO WING HONG bought up 500 lots at $1.455...

Great to see directors participation in open market like us... to show the confidence of company future..

This reminds me on SUPERMX when Tan Sri bought up millions of shares from open market at around $2 then price starting to surge till $20...

Posted by pang72 > 2024-06-04 20:58 | Report Abuse

Hopefully, Notion be like SUPERMX 2.0

Posted by rainman777 > 2024-06-04 21:34 | Report Abuse

Hahahaha walao eh macam ini pun mau upgrade 4 roda hahahaha boleh kah, kalau mau lari kasi signal ha, Wakaka

Posted by StartOfTheBull > 2024-06-04 21:59 | Report Abuse

Esceramic 1:1 bonus plus free warrant. LOL
::::::::::::::::

pang72

48,534 posts

Posted by pang72 > 58 minutes ago | Report Abuse

Hopefully, Notion be like SUPERMX 2.0

Posted by chunah > 2024-06-04 22:52 | Report Abuse

1 month up 192%
Beware

Posted by chunah > 2024-06-04 22:55 | Report Abuse

Pump and dump by con sultant

Posted by chunah > 2024-06-04 22:58 | Report Abuse

On what ground and data to be Supermax 2
YTL power only qualified

Posted by chunah > 2024-06-04 23:00 | Report Abuse

Hahaha those buy high will be trap and stuck at sky high price

Posted by chunah > 2024-06-04 23:14 | Report Abuse

Those opportunist always create and tell fairytales

Posted by chunah > 2024-06-04 23:39 | Report Abuse

Pang 72 better watch your stin ky mouth
Karmakarma waiting someone like you


THIS IS NOT AN ISSUE FOR NOTION INVESTORS.
THIS IS TO SLAP THE GUY - CHUNAH WHO WANTED FUND FAULTS ON NOTION.
04/06/2024 8:49 PM

Posted by Gentingbig > 2024-06-05 00:39 | Report Abuse

growing rich honestly except from sns, jcy which i can trade few rounds the rest of the stock i need to hold. today new about PWRWELL came this morning for which i brought 200 lots @0.485 cents .but honestly i prefer to continue to trade with SNS/JCY & notion AS it never seem to ... go wrong

Posted by GrowingRich > 2024-06-05 01:02 | Report Abuse

Gentingbig:

"growing rich honestly except from sns, jcy which i can trade few rounds the rest of the stock i need to hold. today new about PWRWELL came this morning for which i brought 200 lots @0.485 cents .but honestly i prefer to continue to trade with SNS/JCY & notion AS it never seem to ... go wrong"

great👍 stuff, man, you're a cool😎 dude

thanx many millions

Posted by pang72 > 2024-06-05 08:18 | Report Abuse

Please get ready your butt...
Gap up then breaking $1.62

Posted by pang72 > 2024-06-05 08:53 | Report Abuse

Gap up $1.56....mari...

Posted by pang72 > 2024-06-05 08:55 | Report Abuse

...... 2 directors bought in comps y share within week....
One substantial shareholder bought up 28muls shares in a go...
So, how good the company future leads to the renew interest in the company...?
It must be some project got to be finalised!! I believe

Posted by ChloeTai > 2024-06-05 09:28 | Report Abuse

Aluminium extrusion project is the new project at advancement stage of discussion.

Posted by chunah > 2024-06-05 09:43 | Report Abuse

X
chunah 1 month up 192%
Beware
04/06/2024 10:52 PM
X
chunah Pump and dump by con sultant
04/06/2024 10:55 PM
X
chunah On what ground and data to be Supermax 2
YTL power only qualified
04/06/2024 10:58 PM
X
chunah Hahaha those buy high will be trap and stuck at sky high price
04/06/2024 11:00 PM
X
chunah Those opportunist always create and tell fairytales

Posted by chunah > 2024-06-05 09:46 | Report Abuse

HDD high demand and shortage
Go for pure.HDD and SDD producer

Posted by chunah > 2024-06-05 09:46 | Report Abuse

Shift b4 too late

Posted by pang72 > 2024-06-05 09:53 | Report Abuse

Be patient...x10..
You will be rewarded

Posted by pang72 > 2024-06-05 09:54 | Report Abuse

Directors and funds are collecting this gem...
Before solar frame project announcements

Posted by pejatrade > 2024-06-05 09:55 | Report Abuse

Let them play ranging at the current price collecting energy then shoot again. Please dont flushing.

Posted by chunah > 2024-06-05 09:56 | Report Abuse

Notion
Early 2020 was 30 sen and by 7 aug 2020 high at 2.34
That show this counter is pump and dump early 2024 back to 30 sen
Money is precious don’t get into trap by those called expert telling fairytale story
Cautious and beware b4 regret

Posted by chunah > 2024-06-05 09:58 | Report Abuse

Especially the p72 con sultant

Posted by PROFIT2020 > 2024-06-05 09:58 | Report Abuse

Where to go?