Posted by yong1985cm > 2023-08-02 17:36 | Report Abuse

what a bad result. the mgm expect the worst is yet to come

Posted by NatsukoMishima > 2023-08-02 23:46 | Report Abuse

Gtronic better than this

Posted by monetary > 2023-08-29 18:08 | Report Abuse

another warm water pot. drop 1 sen by 1 sen. lama2 jadi bukit

Posted by monetary > 2023-09-13 18:22 | Report Abuse

pre covid price 78s

Posted by gooman > 2023-10-14 00:04 | Report Abuse

URGENT: Japan chipmaker Kioxia, Western Digital to agree to merge: sources
https://www.nippon.com/en/news/kd1085511976280211472/urgent-japan-chipmaker-kioxia-western-digital-to-agree-to-merge-sources.html

Posted by Souljaboiiii > 2023-10-20 21:13 | Report Abuse

Both Seagate and WD guided their upcoming report would be ugly. I think the investors should look for the sign of bottom in the upcoming earnings call.

Posted by Souljaboiiii > 2023-10-31 18:05 | Report Abuse

Gross profit is back to 20%+ ish, fcf is at 22 million and the net profit is flat.
Financially it looks terrible and the current valuation (PE ratio) does not make sense to anyone.
There are a few things to note from this earning report:
1. The result same as what the management guided us in the last quarter earning report.
2. The bleak result is aligned with Seagate and WD weak HDD revenue in Q3.

Although the prospect written by DUFU looks meh to me, but I think they tend to sound pessimistic so that no high hope will be given. In my opinion, they prefer not to over-promised.
WDC and Seagate just had their earning calls not long ago. Both of them guided that the nearline HDD inventory adjustment of their cloud customers are coming to the end.

Please allow me to quote a statement made by the CEO of WDC:
Aaron Rakers -- Wells Fargo Securities -- Analyst
OK. And then as a quick follow-up, I'm just curious on the hard disk drive business. I know the cloud revenue in total was down consistently again quarter over quarter. Just how would you characterize what you're seeing from a nearline perspective from the cloud? Have you started to see demand pull again? Just any kind of context of how you're thinking about the shaping of kind of a recovery here as we move forward.

David Goeckeler -- Chief Executive Officer
Yeah. We think this past quarter was the bottom, Aaron. And we see improving demand as we move throughout the fiscal year on a quarter-over-quarter basis. We've had certain customers that have been on the sidelines for a while, and they're starting to come back and give us visibility into ordering.

So, we expect the market to recover from here going forward.

Although there will be a lagging period, but the recovery of nearline HDD for WDC has been started in Q4 this year.
Let's see how the market will react to Q3 earnings report of DUFU.

Posted by howardmark > 2023-10-31 19:46 | Report Abuse

Going to RM 0.80. cut loss early, less pain. SSD will replace HDD.

Posted by Souljaboiiii > 2023-11-02 19:36 | Report Abuse

No

Posted by John Mah > 2023-11-03 14:15 | Report Abuse

the profit drop so much and share price stable there. certainly the market price in the result at this level

Posted by howardmark > 2023-11-03 16:53 | Report Abuse

Dead cat bounce, chance to get out. Don't hold on to a company facing obsolescence. Dufu is facing existential risk in the long run. Remember Nokia and Xerox... All died due to technological obsolescence. Smart investor must be willing to look far. Will HDD still be used 10 years later with SSD getting better and cheaper each year??? Be honest to yourself... Don't say I never warn you all. Peace.

Posted by Souljaboiiii > 2023-11-06 16:13 | Report Abuse

Let's admit it, it is an act of a fool to predict stock price fluctuation. But one thing that we can predict is the long term performance of the company that we bought. DUFU is definitely one of those companies that is worth to hold for a long term.

Posted by gooman > 2023-11-11 10:56 | Report Abuse

TSMC October revenue hits new high, up 34.8% MoM
https://www.digitimes.com/news/a20231110PD207/ic-manufacturing-japan-semiconductor-tsmc.html

Posted by faqrulnasrudin > 2023-11-11 12:25 | Report Abuse

Happy weekend folks and happy deepavali to those celebrating! Since I got nothing better to do, I spent hours curating a video for more fair assessment on dufu and how Mr. Lee Hui Ta can charter their next progress. Any long term holders of dufu, please watch and recalibrate your position if necessary. YT video on my channel :- https://youtu.be/WAAeNLF8zJ8

Posted by gooman > 2023-11-11 22:24 | Report Abuse

KLCI expected to trend higher in coming week
https://theedgemalaysia.com/node/689751

Posted by VincentTang > 2023-11-21 16:39 | Report Abuse

The worst is over for Dufu. Buy and buy.

Posted by skyjet > 2023-12-06 09:36 | Report Abuse

Dufu the worst is over. Bagi big up soon.

Posted by gooman > 2023-12-16 15:43 | Report Abuse

Morning Brew: Costco Rises on Strong Sales, Semiconductor Bill Approved
https://finance.yahoo.com/news/morning-brew-costco-rises-strong-142116352.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAOZrufLhzMLFSWj9_4IXLlN6EyZoKOSdd4xqerJS8CGY6B34f1TIofQVMMD5FvdmtaEYl6u_t4P8nwFYL0neTB47bMWm1wSswQ7fXkhsbbAe31HcGnPxtZ4vgA5tw_gHe_zdPDvyrnU4L0AqWS9UWPjfFTraIo7UeHhjMSBNl_f

Posted by gooman > 2023-12-21 07:05 | Report Abuse

Micron Gives Strong Forecast After Data Center Demand Grows

Company has been contending with sluggish phone and PC markets
CEO expects 2024 to be a rebound year for battered industry
https://www.bloomberg.com/news/articles/2023-12-20/micron-gives-strong-forecast-in-sign-that-demand-is-rebounding

Posted by LalisaFang > 2024-01-04 11:09 | Report Abuse

Demand for HDD is increasing in tandem with the rise of AI and data centers

Posted by gooman > 2024-01-06 15:40 | Report Abuse

PC, Smartphone Rebound To Drive Chip Sales In 2024
https://www.investors.com/news/technology/semiconductor-stocks-rally-ahead-of-expected-rebound/

Posted by LalisaFang > 2024-01-09 12:30 | Report Abuse

CES today at Las Vegas. All tech related stocks are going up 🚀

https://www.thestar.com.my/tech/tech-news/2024/01/09/ces-2024-first-gadget-announcements-made-ahead-of-tech-show

Posted by LalisaFang > 2024-01-11 17:44 | Report Abuse

On the way to Rm2

Posted by gooman > 2024-01-14 17:50 | Report Abuse

Data Center News Roundup: HPE Acquires Juniper, Malaysia Embarks on Growth Vision
https://www.datacenterknowledge.com/networks/data-center-news-roundup-hpe-acquires-juniper-malaysia-embarks-growth-vision

Posted by LalisaFang > 2024-01-15 16:29 | Report Abuse

Large Data Centers like Google's typically use thousands of hard disks for storage, so Dufu will be the next black horse

Posted by LalisaFang > 2024-01-17 12:27 | Report Abuse

Opportunity to grab today while it's retracing 🙂

Posted by LalisaFang > 2024-01-23 11:51 | Report Abuse

pretty sure Dufu will go up next month

Posted by swissvillage > 2024-01-28 08:16 | Report Abuse

Global investors plow into Asia data centers on AI boom
https://www.japantimes.co.jp/business/2024/01/15/tech/asia-data-centers-ai-boom/

Posted by swissvillage > 2024-01-28 08:25 | Report Abuse

Dufu Technology expects long-term growth in digital storage devices
https://www.thestar.com.my/business/business-news/2023/08/01/dufu-technology-expects-long-term-growth-in-digital-storage-devices

Posted by swissvillage > 2024-01-28 08:38 | Report Abuse

Nvidia and AMD supplier Kinsus Interconnect Technology is considering building a substrate manufacturing facility in Penang, Malaysia

Posted by Souljaboiiii > 2024-01-28 14:40 | Report Abuse

Capacity shipped by WD and Seagate are on uptrend again...

Seagate:
65.1EB Q4'23 compared to 56EB Q3'23 for nearline HDD
11.9TB Q4'23 compared to 10.3TB Q3'23 average capacity for mass capacity drive

WD:
Exabyte shipments: increased 14% QoQ

Posted by Souljaboiiii > 2024-01-28 14:44 | Report Abuse

Both Seagate and Western digital guided sequential recovery for their HDD businesses.
Coupled with TSMC strong guidance this year, Dufu is a gem waiting to be discovered.

Posted by Souljaboiiii > 2024-01-28 14:47 | Report Abuse

https://www.tomshardware.com/pc-components/hdds/seagate-ramping-32tb-hamr-hdd-in-q1-40tb-hdds-in-2025

Seagate is ramping up for their 30TB HAMR HDD.

Posted by Souljaboiiii > 2024-01-28 14:48 | Report Abuse

Q4'23 for Dufu is definitely a QoQ and YoY growth.
The downside is capped... Let's see how the market will react to this.
The short term fluctuation is a cost that investors will need to pay if he wants to enjoy the upside.

Posted by Souljaboiiii > 2024-02-04 18:55 | Report Abuse

https://www.forbes.com/sites/tomcoughlin/2024/01/30/c4q-2023-hard-disk-drive-industry-update/?sh=620ecca758ae

The recession for HDD was bottomed in Q3'23 and the recovery started in Q4'23.
The amount of HDD shipments does not matter to Dufu since it is a niche player which benefits the most when the exabyte shipped increases.

Posted by Souljaboiiii > 2024-02-04 18:59 | Report Abuse

I made a mistake in the previous thread where I said Q4'23 is definitely a QoQ and YoY growth.
The answer is I don't know and was being ego to say something like this.

Posted by Souljaboiiii > 2024-02-04 19:02 | Report Abuse

Being a contra investor requires a lot of patience and conviction to see the thesis to be played out.
The market is being quite ignorant to the fact that nearline HDD demand is on uptrend again... They underestimate the demand for large capacity HDD due to AI introduction...

Posted by Souljaboiiii > 2024-02-07 21:00 | Report Abuse

Seagate HAMR Moziac disk will not treaten Western Digital nor Toshiba nearline HDD... UltraSMR will continue to win market share... This is because CSPs are not asking for certain technology, but looking forward to products that can deliver the best TCO.
There will be 1 million HAMR HDD to be shipped in this first half... 30TB HAMR has 10 disks... 10 disks with 9 ring spacers...

Posted by Souljaboiiii > 2024-02-07 21:01 | Report Abuse

Both WD and Seagate are guiding better Q2 results, primary driven by HDD demand...
I am quite certain that Dufu will deliver a better than expected result in Q4'23, and a better prospects guidance...

Posted by Souljaboiiii > 2024-02-07 21:01 | Report Abuse

Although their spacer ring division will not be growing as they used to be... Their next growth leg will be coming from metal stamping and fabrication division... They invested a lot in China... Dufusion bought a land at Bukit Minyak for future expansion... They are moving the profits from HDD to other divisions...

Posted by Souljaboiiii > 2024-02-08 18:19 | Report Abuse

https://blocksandfiles.com/2024/01/26/western-digitals-second-successive-growth-quarter-seagate-hamr-no-threat/

https://blocksandfiles.com/2024/01/25/seagates-revenue-recovery-underway/

All signs are showing better demand and prospect for large capacity HDD...

https://blocksandfiles.com/2023/12/15/toshiba-exec-hdds-have-a-bright-future/

Toshiba executive said large capacity HDD has bright future...

Posted by Souljaboiiii > 2024-02-08 18:22 | Report Abuse

Seagate transcript:
We enter calendar 2024 with increased confidence in our non-GAAP gross margin trajectory, including our ability to reclaim 30% minimum benchmark level at quarterly revenues that are at least 20% below our prior cyclical peak. From a demand standpoint, gradual recovery within the U.S. cloud market has started to take shape, reflecting solid progress in consuming excess inventory, along with more stable end-market behavior. Enterprise OEM demand trends have also stabilized within the U.S. markets. Customer feedback still points to macro-related concerns, although IT hardware budgets are projected to modestly improve in calendar 2024, and traditional server growth is expected to resume trends that support incremental HDD demand growth in the calendar year.

We were also encouraged to see incremental demand among certain non-U.S. cloud and enterprise customers in the December quarter. Across the broader China markets, we project a relatively slower pace of recovery given the ongoing economic challenges within the region. However, some local governments announced further steps to support the region's economy, which our customers believe will bolster local demand across mass capacity markets in China in the second half of the calendar year.

Posted by Souljaboiiii > 2024-02-08 18:25 | Report Abuse

WDC earnings transcript:
Turning to HDD. The sequential revenue increase was driven by improving nearline demand and pricing. Moreover, we are encouraged by demand in China with revenue doubling on a sequential and year-over-year basis, both of which were ahead of our expectations. We anticipate year-over-year growth in HDD throughout this calendar year.
.
.
.
At the end of the fiscal second quarter, cash and cash equivalents were 2.5 billion and total liquidity was 4.7 billion, including the undrawn revolver capacity of 2.25 billion. For the fiscal third quarter, our non-GAAP guidance is as follows: We expect revenue to be in the range of 3.2 billion to 3.4 billion. We expect sequential revenue growth to be mainly driven by an increase in HDD. We anticipate flash revenue to be up slightly as we remain focused on optimizing bit shipments and ASP.

Posted by Souljaboiiii > 2024-02-08 18:32 | Report Abuse

https://twitter.com/thomascoughlin/status/1752361405955911717

Posted by Souljaboiiii > 2024-02-08 18:32 | Report Abuse

https://www.forbes.com/sites/tomcoughlin/2024/01/30/c4q-2023-hard-disk-drive-industry-update/?sh=ec6967458aeb

Posted by Souljaboiiii > 2024-02-08 18:34 | Report Abuse

The more I shout, the more it drops.
Maybe it's doing CNY sales.
Maybe I'm so wrong.
Maybe the upcoming QR is awful.
Maybe...
Let's focus on the fundamental rather than the stock price movement...

Posted by howardmark > 2024-02-10 12:03 | Report Abuse

Looking at price and capacity trends, at what year SSD will surpass HDD in terms of price per gigabyte storage?

Predicting the exact year when SSDs will surpass HDDs in terms of price per gigabyte is challenging due to various market factors. However, several indications suggest this shift may happen sooner than initially expected:
Industry projections:
FDI Consulting: Estimates SSDs to become cheaper than HDDs on a dollar-per-terabyte basis by 2026.
Wikibon: Projects consumer-grade flash SSDs to surpass HDDs in cost per gigabyte by 2026.
TrendForce: Believed a NAND flash memory oversupply in 2022 could have caused SSD prices to drop by 20%, further accelerating the trend.
Current trends:
SSD prices have been steadily declining over the past decade due to advancements in flash memory technology and manufacturing efficiencies.
HDD prices have remained relatively stable or even increased slightly in recent years.
Demand for SSDs is increasing rapidly, fueled by their performance and reliability advantages.
Caveats:
NAND flash memory shortages could temporarily slow down the price decline of SSDs.
HDD manufacturers may introduce new technologies to improve their cost-efficiency.
Market forces such as trade wars or economic fluctuations could impact pricing.
Overall, While an exact year is difficult to pinpoint, the evidence suggests SSDs surpassing HDDs in cost per gigabyte is likely within the next few years (2024-2026). The specific timeline will depend on the factors mentioned above.

Posted by Souljaboiiii > 2024-02-10 15:27 | Report Abuse

Ok, let's put our money on bet.
I suggest you to try to short STX which is listed on Nasdaq. Their main revenue (>80%) is coming from HDD. Instead, I will long Dufu & STX, see who's return is higher in the next 5 years. If what you said is valid, you should be very profitable by shorting STX.

The cost per GB of a large capacity HDD is cheaper by 7x or even more than a large capacity SSD.
So when you think SSD will replace HDD in data center?
Do you know >80% of data in the hyperscale conventional data center are stored in HDD?

Posted by Souljaboiiii > 2024-02-10 15:29 | Report Abuse

https://blocksandfiles.com/2024/01/04/nearline-drives-last-hdd-holdout/

Posted by Souljaboiiii > 2024-02-10 15:36 | Report Abuse

You believe in what the predictors are saying, but too blind to see what's the "CURRENT TREND". What I witness is that nearline HDD is going to recover throughout this whole calendar year. This is align with what Western Digital and Seagate are guiding.
For your information, Western Digital manufactures NAND flash memory as well.