That is common sense. Ssd will process faster yes but as a mass storage median it's still 6-7 times more expensive. No doubt ssd demand will pick up over time but until it gets cheaper, hdd is still more cost effective as a storage median. You are not the first person beating the same sunset industry drum and chanting the same arguments that the market already knows since Jcy was listed 5 years ago.
Yet the company continues to turnover 2billion in revenue a year and built a cash pile worth 200m+. As recently as 2012 during Thai flood, the price of hdd almost doubled due to impact to supply. I don't disagree with you that ssd demand will grow, but it will not kill market overnight so why pee in your pants about something that may not happen for 10 years as per your article.
Any technology will go through attrition over time, whether it's it's hdd or ssd, something else will takes its place but it's a question of time.
Red eye lah. When ever got counter move up, there will be a few red eye miss the train and throw few negative comment to try and buy at lower price. Funds already happily collecting away as can be seen with 42m shares traded hands last Thursday. This volume has not been seen since flood time. The funds know better then small fry wannabe experts.
Actually JCY is a good counter to invest , but i don't have the patience to wait . Coming quarter still make very good profit . Even though i sold some of my shares on this counter but i still strongly support on this counter JCY INTERNATIONAL very much .
Need the money urgently maybe. Cannot use share to pay for new bungalow or Ferrari, must use cash. The recent volumes, uptrend price movement and funds support tells me there is no negative reason why he is selling other then he need the cash urgently.
it will go higher then RM1. why? big result and big div coming. Also foreign funds are buying now because the ringitt is probably settling at current low point so cheap to buy with foreing currency. Coming Div and results will propel share price up and if and when ringitt recover will mean forex gain for them as well. double win. cheap to buy and share price risks are hedged against the very low ringitt. Expect major movement up in share price in coming weeks.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
HITnRUN
300 posts
Posted by HITnRUN > 2015-10-25 16:30 | Report Abuse
ok...I work in WD and I am worry bout my job now....so what do you think?