This is deadly trap. Becareful. Both Jcy main customer Western digital and seagate hdd business on the decline. Share price of both company drop nearly 40% this Year.
HDD is more the best choice as not require fast speed in transferring and processing. This aint performance gaming and super computer, HDD is 2-3 times cheaper than SDD
and now almost all factory emphasize on automation including gloves sector, guess wat, they require alot of HDD for storage and production to supply the strong demand now.
last 6 months in the worst of the virus pandemic, Both western digital and seagate reported terrible result and demand. With restrictions easing globally and a coming vaccine, suddenly hdd will have explosive growth because everybody will lock them self at home to work from home. This is laughable.
jcy will be more beneficial again from this part, thats why kenanga tp 1.35 with facts. China is moving upwards and bullish for all electronic & cloud .
The Client Devices segment, which serves primarily the PC market and the CE market, is also on a secular decline trend. The PC market, which is the dominant user, declined from 352 million units in 2011 to 258 million units in 2018, a CAGR of -4.4%. The PC market saw a rare 2.7% growth in 2019 most likely driven by upgrades due to the loss of support of Windows 7. In 1Q2020, the PC market declined by 9.8% due to COVID-19 related supply chain disruption, and then grew by 2.8% in 2Q2020 due to increased demand as a result of WFH and remote learning. It is expected that after the 2Q bounce, the market will continue its long-term decline trend.
The Data Center Device and Solution segment, which represents about 39% of the revenue, is the only segment that is not on a secular decline. However, it has not experienced much growth in the last three years as shown in Figure 2 above.
I think Kenanga the main big buyer from .16 -.33 and now selling back to small fries at high prices. If you go ask jcy, WD and seagate mananagement if HDD demand will be explosive, they will laugh at you.
No need to do warrant to print $ this time because bought at such low price already easier to sell back to small fry.
i guess u are not an MNC engineer. We all knowing the current trend and most profitable is from cloud & server, THE MOST PROFITABLE for all US MNC company
who the heck says will be explosive?? it just cloud services is booming in south east asia.. and the demand is there. they are going to use ssd for storage? are you mad?
Bojed, blood come out of ass already? If not yet, wait bcause it will go back towards 0.60 again. Its called a DOUBLE TOP. After 0.60 it will go to 0.36. By then you will hv no more ass.
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Posted by newcomer1388 > 2020-09-02 13:30 | Report Abuse
d&o now fly one day show.. later drop ur mother cannot recognize