After seeing their movement for a week, it is down trend. Everyday close lower than previous. Selling pressure is high. With new bursa rules, I guess its red seas. Hope Im wrong. Stay cautious.
why some ppl just cant brain the fact that i mention before..price will go up..even shareholder bought at higher price..u think they want to loss? be patient and once tech sector is back up, jcy in no time will go above 70c
. Quarterly results released. Commendable Revenue and profits during MCO. Cash position stronger! Very minimal borrowing! Let see how investors respond tomorrow. Good luck!!
The COVID-19 pandemic continues to exert broad and wide ranging impacts on economic supply and demand worldwide.
The IT industry in general has derived benefits from the continuing and increasing incidence of working and learning from home. Market forecasts from various sources indicate that demand for PCs, notebooks, and peripherals will increase in 2020, but the picture will become clearer as these new work patterns set in.
In the storage space SSDs and HDDs continue to play complementary roles, the former mainly in domestic and mobile appliances, and the latter mainly in centralised network-based systems. This trend is likely to continue.
For the HDD industry, in the near future, traditional supply chains could experience significant realignments, and JCY is monitoring developments carefully in order to ensure that we can benefit from potential market shifts.
At the same time our diversification programme into the automotive industry is proceeding apace and it is expected that these other lines of business will contribute in due course;
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....
Mazhar3192
190 posts
Posted by Mazhar3192 > 2020-08-15 14:09 | Report Abuse
Should rebound ........hold tight..