is the banker or boss no intention to fly the share, if want fly won't released such bad new after the day spike up with volume . they just want to pakat with ibank and sell off their share only .
This year company said got impairment loss already..wtf... dividend no..real profit no.. business no.. ESOS got .. impairment loss got..reversal impairment got... totally rubbish company
stack at support level 0.48 and 0.485 for what , u think kindergarden student don't know what is your tartic ar?? lol. double bottom , u think so good want rebound at support level give retailer run meh
if want see jcy come or not very easy , will straight away eat up at least 3 bit and wont throw down within 10 min. this stock banker only got 1 type only , thats y say him low skill
They lost 1 major customer, previous financials good because of the reversal of impairment. Too much opportunity cost will be lost if continue to hold.
Reported by the edge this weekend..that's why the fly down..
News about JCY losing a major customer has put investors on the alert. There are concerns that a scaling back on buying by HDD producers as they embark on a rationalization of their supply chain may hurt the market.
Apart from JCY, two others listed HDD players are DUFU and Notion.
Industry observers are of the view that JCY’s announcement does not reflect the situation in the entire HDD market, citing competition and pricing as possible reasons for the JCY customer’s decision.
It is worth noting that there are various mechanical components in HDDs, with JCY mainly involved in producing base plates while DUFU and Notion manufacture disk spacers. The components are then supplied to three HDD giants, namely Seagate, Western Digital and Toshiba.
Market observers say the advantage enjoyed by DUFU and Notion is that demand for disk spacers increases in tandem with storage capacity. That is why observers see healthy growth for the next two years from Jan 2021 at least, especially enterprise servers for cloud computing in a post pandemic.
However for base plates, in which JCY has a presence – the growth goes in tandem with the unit of shipment which has been falling over the years because low end HDDs are being replaced by SDDs which a are faster, lighter, more durable and consume less energy.
The unit of shipment for HDDs is down 10% every year. Now (Jan 2021) we don’t talk about the unit of shipment but it is calculated based on the amount of storage which has been growing 30% per year since 10 years ago.
The storage growth will be even higher in the next five years from Jan 2021 driven by the work from home arrangements because of the pandemic. Technological advancements such as 5G will also spur the expansion in the HDD segment.
Exponential growth in data gas prolonged the life span of HDDs. As such HDD component manufacturers are focusing on higher end HDDs catering for enterprises.
Whole SSDs are seen as a threat for HDDs observers think that more time is needed for the SSD segment to catch up, on the back of huge investment cost involved. Despite the SSD price coming down in the past two years the cost of ownership for a higher version of HDD is still 10x cheaper than that of SSD.
Overall industry players do not foresee a structural change to the HDD segment, as demand from enterprise sector is still growing, albeit with shrinking orders from the consumer side.
Enterprise hubs such as Google will not choose to change to SSDs entirely because of the cost efficiency consideration. It is not just about the storage issue but they have to take into account other factors such as electricity voltage and backup system. Observers do not think the price gap between HDDs and SSDs will be closed anytime soon.
Enterprise HDDs will continue to be the target market for HDD component manufacturers. And it will tough for these manufacturers to venture into the SSD market due to the huge differences in internal components.
The HDD segment contributes 80% to Taiwan’s DUFU top line.
JCY loss of its major customer is expected to have a negative impact on its financials with possible impairment provisions for FY2021. In response it said a major realignment of its customer base has commenced.
Currently only 40% of Notion top line is derived from HDD business.
@FlyingElephant true, also keep in mind about cloud computing. Majority of servers in data centers will continue to use HDDs instead of SDDs due to cost and storage capacity. With the cloud storage boom in coming years, there's going to be huge demand for HDDs. SDDs may be dominant among conventional purposes for general customers. HDDs will be predominant in data centers. It's a major shift but HDDs aren't going away anytime soon.
cash rich ???!! which tech stock not cash rich, for jcy got cash also dont know how to use. they will soon try to turn the cash to some "tricky investment" , lol
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....
white7012
76 posts
Posted by white7012 > 2021-01-20 10:31 | Report Abuse
please don't put old new and show like got news