XenDee: "12 days to Quarter Results ... what it gonna be?"
Dunfleeter: "How do you know the result will be in 12 days? I thought there’s already QR last month" ***** ***** ***** 12 days time (30 June 2024) = announcement date
actual date for reporting to shareholders = 21 august 2024
Calvin Tan, thank you for investing so much energy and doing so much homework, letting everyone understand that your efforts and struggles for us are worthy of our trust. Thank you for having you, you are the BEST
That's true. Thanks Calvin for your good time & efforts. Notion is turn around company with very bright future ahead.
Punters will not make & become millionaire as they like to trade in and sell out in very short period of time, especially during price pulldown. I believe majority punters already sell out Notion, now remain Notion's share holders are new investors category, patience hold, buy & add for medium to long term share price gain toward next $3.00. It will be realize soon once Notion's business segment on automotive, EMS, aluminium extrusion & machining venture start to run, optimize and fully operate, $3.00 is certainty with PE =10.
With current data center theme raising, projection toward year 2030 + HDD, SDD shortage memory to meet data centers' end customers demand (Western Digital, Seagate) especially on larger capacity storage memory + Notion's revenue earning getting more stable, secure, diversify business (less volatile), imagine what its share price will be if market force readjust its to PE 15 or PE 20 later on (baseline to semiconductor sector; PE >30). I believe Notion share price can grow even higher once its earning result show higher & more promising.
Take reference of Vstecs, impressive share price up since 1 year ago from $1.26 rise up to $4.18 now, support for local Malaysia market only. Now we are talking about Notion, JCY, Dufu to meet global market demand, not localized Malaysia market with tons of billions HDDs need for data centers, that a huge market opportunities to support
If the boss sell off 100 million keep inside Maybank every month also can get RM 2.5 million interest ...haiyo ....selling share tickets better than doing business
The Group recorded a revenue of RM147.1 million for the reporting period, this represents an increment of 40.7% in revenue for the reporting quarter compared to previous year's corresponding period. The Group recorded a net profit of RM5.3 million for the reporting quarter, compared to net loss of RM25.3 million recorded in the previous year's corresponding period. The improvement in results is driven by two main factors: a) Revenue increasing driven by increasing demand for storage products, both Hard Disk Drives (HDD) and Solid State Drives (SSD). Our customers have started seeing some recovery in HDD demand and that is translating to more demand for the Groups offerings. We are seeing this sustained increasing factory capacity utilisation throughout the whole quarter. b) An improved Group cost structure allowing the Group to turn to profitability even at a much lower factory capacity utilization rate. This improved cost structure is a result of a continuous effort by the Group to drive factory yields and productivity. This process is evident as we have reduced our Gross Loss consecutively Quarter on Quarter for the last 4 quarters. The improved cost structure and higher customer demand driving higher factory capacity utilization resulted in our first Net Profit quarter since Dec 2021. This result is even more significant given that the Group’s capacity utilisation is still less than 50% in the reported quarter.
JCY is not a casino de genting lo, no matter up or dow just BUY & hold for long term, one day u may GOYANG KAKI, SENANG HATI & if you intend to play in short term or thinking CEPAT KAYA then this is not a right place for you guy
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....
FortuneBlooming
4,228 posts
Posted by FortuneBlooming > 2024-06-18 22:50 | Report Abuse
@ChloeTai:
so, based on that notion reply to uma enquiry, I think🤔 bursa should immediately back off from notion lor🐱😺