The Edge Malaysia https://theedgemalaysia.com › article JCY looking at growth in enterprise hard drives It produces about 25% of the world's HDD base plates and commands 8% to 28% of the global market,
Those giant like Nvidia/AMD/Google/Amazon are possible to buy JCY for HDD also The China company might look into JCY for this HDD wave because to start a HDD plant not easy as the glove manufacturer plant
Employee share option scheme whereby worker is rewarded for his loyalty by being offered shares normally at a very discounted price based on share price at a certain time. Look at YTLPower ESOS price, given to employee, compare to YtlP share price when allowed to list on KLSE!!!!
The Employees' Share Option Scheme (ESOS) Financing is a short term financing package extended to eligible company employees of selected public listed companies for the purpose of subscribing the shares allocated to them via their Employees' Share Option Schemes.
ESOS only open to company employees...normally at discounted share price to benefit them.
FORTUNE BLOOMING, yes this is also one of the option for company to reward their employee who has been with them thru years as dont forget JCY as a company was not doing well in the past. so now they are its good to see them exercise ESOS at such low price . good boss indeed!
Aim for next 2H'24, can hit $1.00 easily by next Aug quarter result after revenue increase to >RM250mil, then earning shoot up to multiple folds to RM70mil with factory utilization ~80%, then it will go higher with current shortage of HDD & SDD to support AI cloud & datacenters across many countries raising request.
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chunah
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Posted by chunah > 2024-06-06 13:58 | Report Abuse
After all they’re the biggest and market leader of HDD of global supply