Posted by Vicky > 5 days ago | Report Abuse

By disposing the shares it does not mean that is the end of the company. In fact they will be other investors that will buy and shore up the price higher than the price they sell. As long as the company results are goods its shares will continue to stay higher.

Posted by NatsukoMishima > 4 days ago | Report Abuse

40m , 40m shares dumped like no tomorrow!

Posted by Anw412 > 4 days ago | Report Abuse

It was DBT. not dumping to retailers.. meaning someone acquired the shares directly from owner.. and it's just 40mils from their holding company YKY.. not 200M in total.

Posted by sell > 4 days ago | Report Abuse

I3 members not say TP RM 1 until RM 2? Owner should buy more.

Posted by newbie5354_ > 4 days ago | Report Abuse

How about owner buy ESOS 25 sen 4 million or 40 million shares possible? Owner know there are people willing to pay 70-80 sen so can make easy profit?

Posted by bryan2003 > 4 days ago | Report Abuse

Each coin has 2 faces. One side is the owner selling (it seems like negative) but another side of the coin is the buyer feel the company has greater potential and they are willing to use 0.75-0.79 price to buy from the owner. It cost RM30M+ not small amount.

Posted by FortuneBlooming > 4 days ago | Report Abuse

"newbie5354_:
"How about owner buy ESOS 25 sen 4 million or 40 million shares possible? Owner know there are people willing to pay 70-80 sen so can make easy profit?"

okay la bro, since you still wanna be crying weeping whining whingeing non-stop about this esos thing

how about you call up jcy office soon, and offer yourself to work as a worker there

whether blue collar, or white collar, or brown collar or whatever

then you can just bide your time, wait for the next esos

but you have to work hard, every hour of every day, every day of every week, every week of every month, and so on

you cannot be just lazy curi tulang all the time like you in jcy forum, simply asking dumbo arso questions all the frekkin time but not doing much constructive work to help sustain or boost jcy price, or else you gonna get the sack within a week ha ha ha😂

Posted by FortuneBlooming > 4 days ago | Report Abuse

bryan2003:
"but another side of the coin is the buyer feel the company has greater potential and they are willing to use 0.75-0.79 price to buy from the owner. It cost RM30M+ not small amount."

yep, for a brave daring player with big very big cap, playing a volatile penny stock with strong upside could be just like a dream, they simply have a good time riding on volume

like if he bought 40 mil units (40,000 big lots) @70 sen today, it would cost him only rm28 mil

then for every sen up he's gonna make rm400k gain, if 10 sen up he makes rm4 mil gain

Posted by FortuneBlooming > 4 days ago | Report Abuse

Nvidia developing new version of flagship AI chip

https://theedgemalaysia.com/node/719877

Posted by Superich > 4 days ago | Report Abuse

The DBT is most likely done with a fund manager

Posted by badrul1970 > 4 days ago | Report Abuse

hoping for strong reversal today 💪

Posted by Gggggg > 4 days ago | Report Abuse

https://x.com/TheFuturizts/status/1815238922005553486?t=Oo58cGDwf--aaJ_J7z0y5w&s=19

Posted by Anw412 > 4 days ago | Report Abuse

ESOS is non issue for me because for the last agm, Jan 2024 the comp only approve around 3 Mils.
The big ESOS around 60Mils was awarded during 2018 agm, which i believe mostly already exercised by the recipients.
Even after DBT of 40 Mils the owner still hold 63% of the company.
And i truly believe next Qr report will be good and will provide the catalyst to push the price beyond RM 1.
TAYOR

Posted by flyhub888 > 4 days ago | Report Abuse

chayo chayo

Posted by FortuneBlooming > 4 days ago | Report Abuse

bursa msia rebounds

https://www.thestar.com.my/business/business-news/2024/07/23/bursa-malaysia-rebounds-as-investors-find-their-footing

Posted by kkwong13 > 4 days ago | Report Abuse

Remember, we buying JCY & Notion is for 2H'24 revenue & earnings when all AI data center across worldwide are ready & start operate. Tonight Seagate's future guidance business is very important to determine the next 2H24 & year 2025 onward. It will provide a clear overall HDD, SDD business. Opportunity to collect is now & hold till year end 2024 to Feb2025 for $2.00 target price.

Posted by Vicky > 4 days ago | Report Abuse

Just a note of advice. In space no one will hear you scream. Only sentiment rules. Regardless how many articles or theories or calculation you show all bow down to sentiments. Stocks are lost sheep and follow where the majority follows.

Posted by kkwong13 > 4 days ago | Report Abuse

True, sentiment play a major role in determine price fluctuations. In terms of stability, I more prefer Notion as too many short term players in JCY vs Notion, like to play trade in and out. Invest caution.

Posted by JJPTR > 4 days ago | Report Abuse

It is morning up, 2rd half down pattern again..

Posted by Not_logic > 4 days ago | Report Abuse

IF TP RM 2 as some promote; owner must buy more why dump instead?

Posted by Maxlim2000 > 4 days ago | Report Abuse

going to cross , becareful guys

Posted by AhHuat168 > 3 days ago | Report Abuse

Bottom reversal signal appear, got chance to rebound back to RM0.80 and above

Posted by FortuneBlooming > 3 days ago | Report Abuse

kkwong13:
"In terms of stability, I more prefer Notion as too many short term players in JCY vs Notion, like to play trade in and out."

now then, there you go again Sifu, another careless statement

sorry, but I don't think that you as a Sifu for dufu notion jcy should be making that kind of statement in jcy room, it's going to make existing jcy holders anxious and nervous about continuing to hold jcy, so it's kind of a bit unfair for us here

I know it's a subjective personal position, but then, you are regarded by not a few as a big Sifu for dufu notion jcy, not just any random dude😎

so whatever you say would tend to carry many many many times more weight than that of Joe Average.

Posted by calvintaneng > 3 days ago | Report Abuse

Warren Buffet said

Be fearful when others are greedy and be greedy when others are fearful

to succeed we have to be contrarian

Posted by hng33 > 3 days ago | Report Abuse

Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.

Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock

Posted by bryan2003 > 3 days ago | Report Abuse

Seagate current quarter estimated EPS USD0.74 but reported USD1.05 which 41% higher. Next quarter outlook is USD 1.4 plus minus 0.2..so it is 40% higher than this quarter. So we should expected jcy will benefitted as well

Posted by calvintaneng > 3 days ago | Report Abuse

Aldous47

People goreng notion, but invest Dufu

1 day ago


calvintaneng

yes I bought Jcy at 32 sen, Notion at 52.5 sen and Dufu at Rm2.40

while both Jcy and Notion shot up like a 🚀🚀🚀

dufu is like 🐢 tortoise

so I am switching some high flyers to lowly Dufu

At such prices Dufu is now so attractive and undemanding

go go go Dufu !!!

6 hours ago



hng33

Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.

Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock

6 hours ago


calvintaneng

Fantastic Turnaround Results Out for SEAGATE
(After trading hours SEAGATE share price up over USD110 near all time high)

This is Best News for DUFU (Dufu going to ride on Seagate boom time like never before!)

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal fourth quarter and fiscal year ended June 28, 2024.

“Seagate delivered robust financial performance for the June quarter amid an improving cloud demand environment, capping off a fiscal year of strong execution against our financial goals. Q4 revenue grew 18% year-over-year, non-GAAP gross margin expanded to nearly 31%, and non-GAAP EPS exceeded the high end of our guidance range,” said Dave Mosley, Seagate’s chief executive officer.

“In fiscal 2025, we are remaining focused on driving profitability and maintaining supply discipline while continuing to execute our mass capacity product roadmap, anchored by our HAMR technology. Our data storage solutions offer our cloud and enterprise customers with cost, power and space advantages that support their investments in critical AI and other data-driven initiatives,” Mosley concluded.

1 minute ago



calvintaneng

Read again

“Seagate delivered robust financial performance for the June quarter amid an improving cloud demand environment, capping off a fiscal year of strong execution against our financial goals. Q4 revenue grew 18% year-over-year, non-GAAP gross margin expanded to nearly 31%, and non-GAAP EPS exceeded the high end of our guidance range,” said Dave Mosley, Seagate’s chief executive officer.

1 minute ago



calvintaneng

Read one more time

Seagate delivered robust financial performance

34 seconds ago



calvintaneng

Read in BOLD

SEAGATE DELIVERED ROBUST FINANCIAL PERFORMANCE!!!

Posted by calvintaneng > 3 days ago | Report Abuse

JCY GO GO GO!

Posted by Gggggg > 3 days ago | Report Abuse

Go go go

Posted by mf > 3 days ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

Posted by surefatt6182 > 3 days ago | Report Abuse

Seagate Technologies STX had perhaps the most impressive quarter post-closing bell. Its fiscal Q4 earnings came in at $1.05 per share — 20 cents higher than the Zacks consensus and a whopping +680% over the -$0.18 per share posted a year ago for the Zacks Rank #1 (Strong Buy)-rated cloud and AI tech firm. Revenues of $1.89 billion outpaced the $1.86 billion expected, and marks the third-straight earnings beat for the company, which is up +6.4% in late trading, adding to the +27% gains year to date.

Posted by smartinvest123 > 3 days ago | Report Abuse

Seagate next quarter earning guidance :

Outlook: Seagate expects first-quarter revenue of approximately $2.1 billion, plus or minus $150 million, versus estimates of $1.877 billion. The company anticipates first-quarter adjusted earnings of $1.40 per share, plus or minus 20 cents per share, versus estimates of 75 cents per share.
Seagate's strong guidance appears to be driving shares higher after hours.

Posted by Ravetidus > 3 days ago | Report Abuse

Good morning fellow investors, excelllent results from Seagate, so up up up JCY goes towards RM0.75

Posted by EngineeringProfit > 3 days ago | Report Abuse

Dead cat rebound kah?

Posted by kkwong13 > 3 days ago | Report Abuse

With Seagate Qtr report out, it obvious end-customer for AI cloud data center start buying HDD, SDD memory across the globe. Starting this Q2'24 result and moving forward, this is a kickstart big for all storage memory with raising AI data center across the world. Imagine there will be billons of billions of HDD require to support 10,000 data centers across the world till year 2030. That's a massive big in HDD revenue & earning starting this Qtr and for next 2030.

Posted by kkwong13 > 3 days ago | Report Abuse

One thing JCY has many short term traders, trade in & out very fast, volatile. Slightly hard to push up higher unless JCY next Qtr result is good, mgmt able to deliver and hit EPS 1.6sen. Hope it does. Just trade caution.

Posted by mf > 3 days ago | Report Abuse

US 30
40,300.20 40,308.80 40,253.30 -57.90 -0.14%
21:42:59
US 500
5,538.70 5,558.10 5,530.10 -17.00 -0.31%
21:43:00
US Tech 100
19,655.80 19,681.50 19,616.80 -101.00 -0.51%
21:43:05

Posted by Ravetidus > 3 days ago | Report Abuse

mf forgot to mention after hours trading, Seagate jump 6% after results out

Posted by Sales > 3 days ago | Report Abuse

JCY, GO!GO!GO!!!

Posted by investor2021trading > 3 days ago | Report Abuse

market seems to be in favour of HDD n SSD in data centres!

Posted by investor2021trading > 3 days ago | Report Abuse

i noticed many JCY employees r taking up their ESOS shares entitlement! That shows a high confidence of their company's shares which is riding on d DC theme.

Posted by Ravetidus > 3 days ago | Report Abuse

Hi Jonathan, welcome back to the party

Posted by FortuneBlooming > 3 days ago | Report Abuse

Jonathantyp:
"Gone case"

yep, Jonathantyp is gone case indeed

Posted by Greenbull88 > 3 days ago | Report Abuse

Great! Seagate robust result mean HDD full is here...JCY will be RM2 in August after the great QR

Posted by FortuneBlooming > 3 days ago | Report Abuse

US stock market out look

https://markets.businessinsider.com/news/stocks/stock-market-outlook-q2-gdp-pce-earnings-drive-stocks-higher-2024-7

The record stock market rally will get a boost from key economic data and earnings results, Ed Yardeni said.

Second-quarter GDP and June PCE releases on Thursday and Friday could fuel the soft landing narrative.

Yardeni highlighted strong company earnings and profit margins supporting the market in a way it didn't in 2000.

Posted by FortuneBlooming > 3 days ago | Report Abuse

well, I personally am kind of inclined to be a bit more cautious about things like 3q report, price in august etc.

I would already be more than glad if 3q profit beats 2q profit by a factor of 1.5 - 2, and price at end 2024 hits rm1.10

but if actual figures turn out better than those I would consider it as a great bonus

BTW, I'm already looking beyond 3q and 4q, so I don't really think that I should be so concerned about 3q report all that much at all

Posted by abajid > 3 days ago | Report Abuse

welcome back JCY...it's a show time

Posted by calvintaneng > 3 days ago | Report Abuse

Jcy & Dufu

Twin Power Rangers

Go go power Ranger!

Posted by calvintaneng > 3 days ago | Report Abuse

Great leap of Demand for Ssd & Hdd


Only Data Center core of Ssd/Hdd can withstand Trump wrecking ball on Tech

Sell other Tech (except hexcap)

Sell all Tech faster

Switch to Jcy & Dufu

🔥 🔥 🔥

Posted by flyhub888 > 3 days ago | Report Abuse

congrats those who stay.. 👍