If the share prices of Western Digital (WDC) and Seagate Technology (STX) on Nasdaq is doing well, there is no reason to think that share prices of JCY International (JCY) should do any lesser. The logic, simply because JCY's business well-being is highly corelated to its customers WDC and STX since they co-exist within the same value chain.
JCY being the up stream component manufacturer & part assembler whilst WDC and STX being the brand owner and downstream seller of the finished product (HDD & SSD). As much as WDC and STX are both very important customer of JCY, likewise JCY is an important component supplier to its customers. No-one should discount this business link.
1-YEAR Share Price Performance
WDC.US (Western Digital) +91.45% - Lowest Price In The Last 10-Years Was ~USD30.00
STX.US (Seagate Technology) +62.08% - Share Price Never Really Collapsed. In The Last 10 Years, The Lowest Price was USD20.00 Never A Penny Stock
JCY.KL (JCY International) +310.0% (low base rock bottom effect). Isn't This The Beginning Of Recovery Or Share Price Too Aggressive In A Short Time?
JCY IPO Price was set at RM1.60 at a Market Cap of RM3.1bn when it was listed back in February 2010.
On a YTD basis, JCY has surged more than 3X from a low of RM0.15 (a year ago) on the back of big improvement in its last quarter results. Read Here:(https://tinyurl.com/3tkd2ep7). So the question is will JCY continue to outperform its customers and how?
My 2 Cents. Yes. JCY Will Continue to Outperform And This Is Only The Beginning .
How?
Chart | Stock Name | Last | Change | Volume |
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Created by NickelLee | May 23, 2024
[JCY 5161.KL] Another Multi-Bagger In The Data Center Theme
Glove Superbull Vs DC (HDD & SSD) Superbull
glove bull was triggered by Coronavirus
lots of counter measure as this is bad
so Medical gloves
then sanitizer
then more gloves wanabees (bad as it leads to glut)
then China gloves (set up in just 6 months - no barrier to entry)
final straw - Vaccines
Vaccines like Atom bomb on Covid 19
So ended Glove bull
DC (HDD & SSD) Superbull now
Good for mankind and welcome by all
AI amplified Data Storage need
Take for example
A Tesla car (actually AI OPERATING AS A CAR)
TESLA CARS ARE SELF LEARNING ROBOTS
AS IT MOVES IT TAKES NOTES OF TRAFFIC, ROAD CONDITION, DISTANCE, LANDSCAPE CONTOURS, TIMING OF TRAFFIC LIGHT ETC ETC & ETC
THEN IT TRANSMITS DATA TO OTHER MILLIONS OF TESLA CARS ON THE ROAD CONCURRENTLY
AND MILLIONS OF ALL OTHER TESLA CARS ARE ALSO COLLECTING DATA INSTANTLY AND COMMUNICATE WITH OTHER AI (ARTIFICIAL INTELLIGENCE)
THIS EXPLOSIVE COLLECTION OF DATA BY THE TRILLIONS AND ZILLIONS MADE DELL CEO TO FORECAST THERE WILL BE A NEED FOR HDD BY 100X OR 10,000%
VERY GOOD FOR JCY, NOTION AND DUFU IN PARTICULAR
2 weeks ago
calvintaneng
hahaha so clever
now so many experts on Jcy
Clap!
Clap!!
Clap!!!
J - Jumping
C - Clapping
Y - Yelling
2 weeks ago