Harddisk demand will be very strong going forward due to cloud computing storage and storage for 5G implementation now. Both are very high growth sectors accelerated by work from home n the need for fast speen internet. SSD could not compete due to pricing n limitations on storage. Both harddisk n SSD serves different market.
after gloves counter calm down i strong believe the cash flow will flow in the technology sector u guys can go to see the weekly downtrendline the company continues postive in profit sure breakout the downtrendline and be a new trend from there just wait for it charging .
SSD cost about 3 to 6 times more expensive than hardisk ,in addition to their capacity limitations. Shld be a long while before it can replace.harddisk for large data storage. IF you look at the recent balance sheet, it is net 280m cash tech company. In addition, its operating cash flow is strong. There are not many tech company in klse which got about net 40% plus cash backing in their balance sheet at current price.
must be patient,second quarter reports may not so good due to mco.second half onward will be perform well.those like to buy tecnology stocks can watch out mi,fp group, vs tecs,notion,vis,qes and the other two sgx listed companies ums and aem.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 255 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 458 views | 5 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
lee_m2020
4,789 posts
Posted by lee_m2020 > 2020-06-22 22:45 | Report Abuse
Popit popit popit... buy buy buy!!!