I'm just summarize & share to i3 investor.
Another industry storage expert, banker, analyst reported AI-power storage market has potential of CAGR 26.5% growth from 2023 till 2033, that another 10x fold increase vs now. Good to share it as I like to research to understand how big does if AI cloud & infrastructure growth market can power on storage memory sector alone only. Hope it come helpful to share with.

https://klse.i3investor.com/web/blog/detail/jcynotionvtec/2024-06-20-story-h-158866254-AI_Powered_Storage_Market_Forecast_Grow_26_5_from_2023_till_2033

I'm just summarize & share to i3 investor.
Another industry storage expert, banker, analyst reported AI-power storage market has potential of CAGR 26.5% growth from 2023 till 2033, that another 10x fold increase vs now. Good to share it as I like to research to understand how big does if AI cloud & infrastructure growth market can power on storage memory sector alone only. Hope it come helpful to share with.

https://klse.i3investor.com/web/blog/detail/jcynotionvtec/2024-06-20-story-h-158866254-AI_Powered_Storage_Market_Forecast_Grow_26_5_from_2023_till_2033

I'm just summarize & share to i3 investor.
Another industry storage expert, banker, analyst reported AI-power storage market has potential of CAGR 26.5% growth from 2023 till 2033, that another 10x fold increase vs now. Good to share it as I like to research to understand how big does if AI cloud & infrastructure growth market can power on storage memory sector alone only. Hope it come helpful to share with.

https://klse.i3investor.com/web/blog/detail/jcynotionvtec/2024-06-20-story-h-158866254-AI_Powered_Storage_Market_Forecast_Grow_26_5_from_2023_till_2033

Notion, Dufu turn Green. Now we know, why majority punters never make & become millionaire. Big fund is collecting shares at lower price due to fear of novice retailer investors. JCY is going to Green.

Now we know, why majority punters never make & become millionaire. Big fund is collecting shares at lower price due to fear or novice retailer investors. Going to turn Green. Notion & Dufu go green.

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

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,

The key is to hold, patience wait & add when opportunity come for next big gain.

On the positive side, today give investor opportunity to add & increase their portfolio JCY shares for next $2.00 in next 6mths to 1 year share price appreciation. The key is to hold, patience wait & add when opportunity come for next big gain.

Also i do monitor & observed that a buying pattern of wave big buyers buying Notion by batches throughout last 3weeks, that prove why last Friday & today big buyers come and wallup all the shares. FYI, Notion share is very limited now as many big fund (med to long term) buyers including big retailer investors are accumulating for next $3.00 share price up.

Notion is already well known that big business revenue come from China partnership, new coming Korean business & ramping up automotive + HDD business in 2H24 will be realize soon and official announce to public, either by earlier month of June or July or 2H'24.

i'm adding 0.82 to 0.84

Actually Notion share price up, received UMA is simple direct reason. First of all, for those mid to long term investors (institution/retailer/corporate) continue to buy Notion for its future projection revenue growth of more data centers going to be build, ready & operate by end of 2024 & 2025 onward, which gradually convert into producing more output part ship to larger capacity HDDs volume growth (both Western Digital & Seagate). This to support data centers expansion requirement to extend into year 2030 (per industry expert projection of CAGR 9.6% annually). As a result, tons of billion of HDDs will be produce to meet data centers' customer demand across the globe due to raising AI cloud & AI data centers shortage storage memory.

2nd, Notion's executive Chairman Mr. Thoo reported on his last May'24 TheEdge interview column, clearly stated Notion upcoming end FY25 will observe major catalyst boost of Notion's revenue as its new catalyst aluminium extrusion & machining venture will increase additional +RM500mil/annual. Currently in, advanced negotiation stage with potential Chinese partnership will be reported by 2H'24.

Below is the catalyst from the TheEdge interview summary for review:

a) HDD: Revenue up 30% + high confidence continue expand 5 years due to recovery enterprise cloud & new data centers volume expansion.

b) Automotive: Revenue up 35% + continue grow on new customer South Korea supply volume production of solenoid valves, starting 2HFY2024

c) EMS: Revenue up additional 35% due to few new EMS clients taken on-board in high-end electrical appliance

d) Aluminium extrusion & machining venture [New catalyst]: Revenue additional RM500mil/annual + advanced negotiation stage with potential Chinese partnership driven by need to relocate out of China operation due to US-China trade tension & US tariff hikes on Chinese imports, starting early FY2025


For FY2024, Notion's Board is confident that it is a turnaround year, expectation is for 2H'FY2024 to out-pace 1H'FY2024


https://klse.i3investor.com/web/blog/detail/notionvtec/2024-05-28-story-h-160714258-Notion_Vtec_s_well_diversified_RM1billion_revenue_target_by_FY2026_CAGR

I believe is an opportunity to add JCY, Notion & Dufu if price being push down occur.
Let's see as time goes.

Stay Happy, Stay Invest!

Actually Notion share price up, received UMA is simple direct reason. First of all, for those mid to long term investors (institution/retailer/corporate) continue to buy Notion for its future projection revenue growth of more data centers going to be build, ready & operate by end of 2024 & 2025 onward, which gradually convert into producing more output part ship to larger capacity HDDs volume growth (both Western Digital & Seagate). This to support data centers expansion requirement to extend into year 2030 (per industry expert projection of CAGR 9.6% annually). As a result, tons of billion of HDDs will be produce to meet data centers' customer demand across the globe due to raising AI cloud & AI data centers shortage storage memory.

2nd, Notion's executive Chairman Mr. Thoo reported on his last May'24 TheEdge interview column, clearly stated Notion upcoming end FY25 will observe major catalyst boost of Notion's revenue as its new catalyst aluminium extrusion & machining venture will increase additional +RM500mil/annual. Currently in, advanced negotiation stage with potential Chinese partnership will be reported by 2H'24.

Below is the catalyst from the TheEdge interview summary for review:

a) HDD: Revenue up 30% + high confidence continue expand 5 years due to recovery enterprise cloud & new data centers volume expansion.

b) Automotive: Revenue up 35% + continue grow on new customer South Korea supply volume production of solenoid valves, starting 2HFY2024

c) EMS: Revenue up additional 35% due to few new EMS clients taken on-board in high-end electrical appliance

d) Aluminium extrusion & machining venture [New catalyst]: Revenue additional RM500mil/annual + advanced negotiation stage with potential Chinese partnership driven by need to relocate out of China operation due to US-China trade tension & US tariff hikes on Chinese imports, starting early FY2025


For FY2024, Notion's Board is confident that it is a turnaround year, expectation is for 2H'FY2024 to out-pace 1H'FY2024


https://klse.i3investor.com/web/blog/detail/notionvtec/2024-05-28-story-h-160714258-Notion_Vtec_s_well_diversified_RM1billion_revenue_target_by_FY2026_CAGR

Stay Happy, Stay Invest!

Fundamentally, Notion is way undervalued, lagging behind both JCY & Dufu. In term of share price, it has huge opportunity to raise higher. That's target price $3.00 still has not factor in the massive growth HDDs demand in data centers build across the globe. Notion market cap is smaller than JCY, Dufu and yet more stable, diversify, undervalued & certainty share price go higher $3.00.

Again, Notion still has not factor in the upraising of massive HDDs sales order from continue grow of 10,000 data centers across the globe in next 2030. Opportunity for Notion is humongous, same apply to JCY & Dufu in next 6mths to 1year.

Please do your deep study & research of what AI going to transform in future moving forward. Data is fuel to AI, which require HDDs, SDDs storage memory to work. Without storage memory, no matter how fast AI GPU performance chip is, its still require memory to store & retrieve for data processing.

If you sensitive enough toward what macroeconomic world change right now especially on AI technology, there are massive AI cloud & data centers are in expansion mode. Going to be double the data center to ~10,000 by 2030 on top of current 10,970 available data center now. That's a massive HDDs storage memory require for raw data memory storage, expected hit 3200 billions of HDDs by 2030 as per industry expert stated CAGR 9.3% growth annually.
Also, if you do further read on AI, Meta stated & announced in their latest Q1'24 result that Meta will "accelerate infrastructure investments" for AI, raises its capex to $35bn-$40bn alone for end 2024, spend billions of dollars more on servers and data centers as it continues to ramp up its infrastructure investments in order to support artificial intelligence (AI).

That's follow by Microsoft, Google each will spend a whopping total of $40 to $50bil throughout year 2024 to continue expanding their AI infrastructure data center investment. Not to mention other like Oracle, IBM, Salesforce, Dell, HPQ and other joining the AI data center & AI infrastructure. That's a huge explosive of AI data centers to be build, which require tons of exabytes storage memory HDDs, SDDs for many years to come.

Now AI is like a baby starting to crawl, big massive opportunity in AI for many years to come. For those who still in denial mode, stated AI is just hype, you will regret deeply in next 6mth to 1year later on.

FYi, I'm gradually adding 1.71 to 1.78, let see as time goes.

That's correct investorbat. From past 3weeks, I observed Notion is continue collecting every 8 to 10 days with high volume buyers. Eventually, there will be less Notion shares in the market, with continuous buyers collecting with volume buying in batches of volume buy, it will be easily push up Notion share price to next level. See if today can hit first $2.00. Notion give you a well certainty of secure, stable and mostly raise due to proven earnings quarter result & future next 3Qtrs guidance revenue grow, easily hit $3.00 by Aug, Nov & Feb'24 Qtr result. The key element for investor now is patience hold & add JCY, Notion & Dufu as time goes.

I'm adding Notion at 1.71. Observing, we all knew Notion has huge potential & big room to raise further with certainty to hit $3.00 by next 3Quarters result out, set for PE 10 valuation. In term of PE value, its way lagging behind compare to Dufu, remain key for HDDs manufacturer tier1 supplier, raising higher with more data centers expansion build across the globe, storage memory business sector is highly secure & stable.

I believe related HDD manufacturer (Notion, JCY & Dufu) on their PE sector should & will be revalue, revise higher PE>=20x or least equal to lower than Bursa Technology Index’s 31x of semiconductor stocks. Potential is huge, thus I continue add into Notion share.

I'm adding Notion at 1.71. Observing, we all knew Notion has huge potential & big room to raise further with certainty to hit $3.00 by next 3Quarters result out, set for PE 10 valuation. In term of PE value, its way lagging behind compare to Dufu, remain key for HDDs manufacturer tier1 supplier, raising higher with more data centers expansion build across the globe, storage memory business sector is highly secure & stable.

I believe related HDD manufacturer (Notion, JCY & Dufu) on their PE sector should & will be revalue, revise higher PE>=20x or least equal to lower than Bursa Technology Index’s 31x of semiconductor stocks. Potential is huge, thus I continue add into Notion share.

I just want to share some info why data centers, big AI cloud corporate still prefer HDD 90% Vs SSD 10%.

Don't mislead investor, there is no doubt SSD is better than HDD, more durable, faster, efficient vs HDD for high transmission data.
Both has it's advantages and disadvantages. You need to understand, since AI require massive of ton exabyte data, some need fast execution speed to operate like SSD, but majority huge data need to be store as raw data storage, only need when required to retrieve.

Question here, why data center still prefer HDD 90% : SSD 10% as data center require larger capacity memory like HDD with ~8x times cheaper than SSD to store as raw data.
Other high speed, fast transmission data require even better like HBM (High Bandwidth Memory), eNVM SSD or ultra NVM SSD but that only for inter-transmission btw AI GPU, CPU & NPU data execution processing data in trillion parameters data transfer only, but it come with super high expensive capacity which take much lesser than 10%.

In terms of data center storage on bigger picture overall, it prefer to use HDDs as it way cheaper than SSD + larger capacity storage, unless in future SSD equal to less 3x vs HDD, then SSD is preferable. For now HDD still use for larger capacity storage, cheaper for raw data storage memory.

Hope it helps to explain some of it.

Don't mislead investor, there is no doubt SSD is better than HDD, more durable, faster, efficient vs HDD for high transmission data.
Both has it's advantages and disadvantages. You need to understand, since AI require massive of ton exabyte data, some need fast execution speed to operate like SSD, but majority huge data need to be store as raw data storage, only need when required to retrieve.

Question here, why data center still prefer HDD 90% : SSD 10% as data center require larger capacity memory like HDD with ~8x times cheaper than SSD to store as raw data.
Other high speed, fast transmission data require even better like HBM (High Bandwidth Memory), eNVM SSD or ultra NVM SSD but that only for inter-transmission btw AI GPU, CPU & NPU data execution processing data in trillion parameters data transfer only, but it come with super high expensive capacity which take less than 10%.

In terms of data center storage on bigger picture overall, it prefer to use HDDs as it way cheaper than SSD + larger capacity storage, unless in future SSD equal to less 3x vs HDD, then SSD is preferable. For now HDD still use for larger capacity storage, cheaper for raw data storage memory.

Hope it helps to explain some of it.

That's true, Calvin. Look the other positive side, this pullback screen out short term investor/traders, giving new path to new med & long term investor/traders to become new JCY share holder. We just patience hold & buy when price pullback. I'm adding at 0.75 to 0.795 as times goes.

AI and Data center is still at early stage like a baby starting to crawl, huge potential in next 5 to 10years growth. Those who smart, future foresight, investors and entrepreneurs understand it's potential, capitalize and monetize it for massive growth opportunities in many years to come.

Across all top 7 magnificent US stock (expect Tesla) all rapid increase massively since last one year especially Nvidia, Google, Microsoft, Meta.. yesterday was Apple up +7% in one day, hit $200bil that in one single day. Those who still on denial mode, will regret after 6mth to 1year later on.

I m adding at 0.795. Lesson learnt from Nvidia, from $100 to $1200, up weekly 10%, compounding into 12 fold even early that time PE was exceeding 100+, then after next subsequent Qtr earning show impressive on gradual grow up. Important as long as macro level HDD shortage, ASP pricing increasing quarterly basis and future prospects guidance JCY, Notion promising towards end 2024 and beyond with more Data centers continue expanding.

There is an certainty that Notion can hit $3.00 with high confidence by end of 2024 to mid 2025, diversify and stable. with CAGR 43% annually, still have not factor in the massive explosive of HDD volume sales in end of Dec'24 yet.

One thing, do not neglect Notion & Dufu as well. With big surge of massive storage memory HDD & SDD, across all JCY, Notion & Dufu will raise accordingly, even through JCY is provide 25% of global HDD supply to both Western Digital & Seagate, majority on HDD parts. Net net Notion & Dufu will raise proportional and hit max utilization of >90% by end of Dec'24 gradually

One thing, do not neglect Notion & Dufu as well. With big surge of massive storage memory HDD & SDD, across all JCY, Notion & Dufu will raise accordingly, even through JCY is provide 25% of global HDD supply to both Western Digital & Seagate, majority on HDD parts. Net net Notion & Dufu will raise proportional and hit max utilization of >90% by end of Dec'24 gradually

One thing, do not neglect Notion & Dufu as well. With big surge of massive storage memory HDD & SDD, across all JCY, Notion & Dufu will raise accordingly, even through JCY is provide 25% of global HDD supply to both Western Digital & Seagate, majority on HDD parts. Net net Notion & Dufu will raise proportional and hit max utilization of >90% by end of Dec'24 gradually.

These all data, figure, estimation based on expert, analyst, banker in most reputable source of information Trendforce, Forbes, IndustyARC, etc throughout many years of experience with data support on customer-end
prospect future trend. I believe they shared with tons of data, statistical analysis & figures with industry experts before publish to entire world.

Believe or not, it depend on each individual person. However, I do invest based on facts, figure & data with baseline through power of research in hope for many years for multibaggar return

This is my research of how many physical hard disks needed for ONE data center.

https://klse.i3investor.com/web/blog/detail/JCYNotion/2024-06-11-story-h-159728520-JCY_Notion_Dufu_How_many_physical_hard_disks_needed_in_one_Data_Center

This is my research of how many physical hard disks needed for ONE data center.

https://klse.i3investor.com/web/blog/detail/JCYNotion/2024-06-11-story-h-159728520-JCY_Notion_Dufu_How_many_physical_hard_disks_needed_in_one_Data_Center

This is my research of how many physical hard disks needed for ONE data center.

https://klse.i3investor.com/web/blog/detail/JCYNotion/2024-06-11-story-h-159728520-JCY_Notion_Dufu_How_many_physical_hard_disks_needed_in_one_Data_Center

This is good podcast from BFM stated on Data Center set Msia as prime hub. Good job well done Msia government officials lead by PMX after unity government formed.

https://klse.i3investor.com/web/blog/detail/bfm_podcast/2024-06-11-story-h-159707192-Data_Centres_A_New_Area_Of_Growth_For_Malaysia

Hi OTB,

Thanks for the re-verification. After go through my calculation, notice I was mistakenly using the wrong Q3'2024 revenue RM147mil as baseline, by suppose to use past Q1'2024 Rev=RM126mil to compare]

In summary:
Q2 2024, Rev=147M, PAT=5.35M [EPS 0.25sen]
Q3 2024, Rev=189M, PAT=36.26M [EPS 1.69sen]
Q4 2024, Rev=252M, PAT=82.88M [EPS 3.51sen]
Q1 2025, Rev=315M, PAT=129.50M [EPS 5.26sen]
Total 4 rolling quarters, Rev=903M, PAT=253.99M

EPS = 0.1071
------------------------------------------------------------------
To explain further, here is my calculation assumption, based on JCY's (Q2'2024 Rev=RM147mil, PAT=RM 5.35mil, revenue increase of 16% QoQ (+RM21mil)).

As reported in JCY's quarter prospect, the quarter revenue increase is mainly due to a increase of 3% QoQ total HDD storage in unit shipped and 22% QoQ larger total storage capacity to 262Exabytes shipped. This show JCY is producing larger HDD storage capacity units, shipped for its end customers with better product revenue margin, even with minimum increase of 3% QoQ quantity shipped.

[Note: AI cloud & data center end-customer prefer larger HDD,SDD capacity storage unit due to better cost effective, faster, high durability + smaller size per rack storage space + better product margin/unit ship for JCY as well; a win-win for both JCY & end-customers side].

If JYC's end customers continue request for larger total storage capacity quantity build, let say increase from 3% to 10% sales order (by gradual), then its revenue increase by 3x fold multiply by +RM21mil = +RM63mil.
Sum up, total Rev= RM189mil for Q3'2024

After deduct fix operation cost RM 140mil, it become PBT=RM49mil,
after tax, PAT = RM 36.3mil (EPS =1.69sen)

Q3 2024 :
NOSI=2.140 Billion, EPS = 1.69 Sen
PAT = 2140*0.0169= RM36.26 mil
---------------------------------------------------------------------------

With limited information gather from JCY's financial quarter report + self-study research on related HDD, SDD storage memory macro news from Western Digital & Seagate toward AI datacenter data, there is no affirmative data to proof or baseline with. All calculation & assumption purely based on available data on-hand, might not be accurate.

If has other suggestion or opinions, please do share with me. That's will be highly appreciate.

Thank you.

Hi OTB,

Thanks for the re-verification. After go through my calculation, notice I was mistakenly using the wrong Q3'2024 revenue RM147mil as baseline, by suppose to use past Q1'2024 Rev=RM126mil to compare]

In summary:
Q2 2024, Rev=147M, PAT=5.35M [EPS 0.25sen]
Q3 2024, Rev=189M, PAT=36.26M [EPS 1.69sen]
Q4 2024, Rev=252M, PAT=82.88M [EPS 3.51sen]
Q1 2025, Rev=315M, PAT=129.50M [EPS 5.26sen]
Total 4 rolling quarters, Rev=903M, PAT=253.99M
EPS = 0.1071
------------------------------------------------------------------
To explain further, here is my calculation assumption, based on JCY's (Q2'2024 Rev=RM147mil, PAT=RM 5.35mil, revenue increase of 16% QoQ (+RM21mil)).

As reported in JCY's quarter prospect, the quarter revenue increase is mainly due to a increase of 3% QoQ total HDD storage in unit shipped and 22% QoQ larger total storage capacity to 262Exabytes shipped. This show JCY is producing larger HDD storage capacity units, shipped for its end customers with better product revenue margin, even with minimum increase of 3% QoQ quantity shipped.

[Note: AI cloud & data center end-customer prefer larger HDD,SDD capacity storage unit due to better cost effective, faster, high durability + smaller size per rack storage space + better product margin/unit ship for JCY as well; a win-win for both JCY & end-customers side].

If JYC's end customers continue request for larger total storage capacity quantity build, let say increase from 3% to 10% sales order (by gradual), then its revenue increase by 3x fold multiply by +RM21mil = +RM63mil.
Sum up, total Rev= RM189mil for Q3'2024

After deduct fix operation cost RM 140mil, it become PBT=RM49mil,
after tax, PAT = RM 36.3mil (EPS =1.69sen)

Q3 2024 :
NOSI=2.140 Billion, EPS = 1.69 Sen
PAT = 2140*0.0169= RM36.26 mil
---------------------------------------------------------------------------

Thank you OTB for the encouragement words.
Also thanks NickelLee on your investment sharing too.

Hi NickelLee, you are welcome. We all just shared what it the upcome data center theme that potential to be multi-baggar in coming 6mths & 2025. Hope we dont miss again, reference to Nvidia super momentum big grow throughout last 2yr, now hit 11folds from lowest price below $100, now skyrocket to $1122 and still continue to up with TP $1500 by analyst. Hope we dont miss this golden opportunity especially all data center sites building finish build and operate, then a massive grow in memory storage products for HDD & SDD especially toward end of 2024 & year 2025 onward.

I understand, this all calculation is purely based on fundamental calculation of its potential revenue & earnings profit, really depend on macro economic trend & investors/traders sentiment. It does give us a good indicator & estimation of how far JCY revenue & earning can raise as long as big economic sector trend of AI cloud & data center sales order demand is growing. Most importantly, JCY's management & factory team able to execute and deliver to hit 80% OEE KPI utilization too for next multi-baggar return.

Here is the link for better view. Thanks

https://klse.i3investor.com/web/blog/detail/JCYdoubleup/2024-06-07-story-h-159793684-JCY_Potential_JCY_revenue_can_double_up_to_RM315mil_by_next_3Qtrs_resul

Hi OTB, thanks for the kind interest to know how JCY can able to reach EPS 5sen.

Here is my compute calculation.
Refer to latest JCY's (Mar'24) quarter result, it stated revenue increased 16% QoQ, with just improved of 3% increase in quantity shipped, mainly due to 22% QoQ rise in higher storage capacity, resultant in better product mix cost margin under 50% factory utilization. This represent a very positive trend toward subsequent quarters ahead whereby majority of its products mix ship with better product margin to meet uprising Western Digital & Seagate sales order demand especially for cloud enterprise & data center .
In term of its revenue forecast projection, how can it able to hit EPS >=5sen if JCY's factory utilization reach 80% upon raising customer order demand + JCY's management team execution & delivery is calculate as below:
Reference point:
Baseline: Q2'FY24 revenue reported RM147mil, an increase of RM21mil (vs RM126mil Q1'FY24) with just 3% increase in quantity shipped for larger capacity storage product, result in earning profit of RM5.2mil which represent 0.25sen/share under 50% factory utilization.

Condition#1: if 10% QoQ quantity sales order increase for cloud, enterprise larger storage capacity with better product margin, reach JCY's 10% factory utilization to 60% OEE utilization
Then, revenue will raise from RM147mil to ~RM210mil
[increase 10% QoQ qty sales order = 3x fold revenue increase with RM21mil x3 = RM63mil], as a result of shifted of their product mix and ASP selling price increase.
Then after minus fixed RM140mil operation cost + others progressive expenses + tax deduction, it net profit should be ~RM45mil earnings, convert into EPS approximately ~1.97sen
[Reference to revenue 3% QoQ improve to RM147mil; RM21mil increase from Q1'FY24 RM126mil]

Condition#2: if raise up to 20% quantity sales order for cloud, enterprise larger storage capacity + better product margin, reach JCY's 20% factory utilization to 70% OEE utilization
Then, revenue raise from RM126mil to ~RM252mil [increase 20% QoQ qty sales order = 6x fold revenue increase with RM21mil x6 = RM126mil], as a result of shifted of their product mix and ASP selling price increase.
Then after minus fixed RM140mil operation cost + others progressive factory expenses, it profit before tax = ~RM112mil
Then after tax reduction, it net profit it ~RM82mil earnings, convert into EPS approximately 3.51 to 3.87 sen (+/- 10% variance, pick lower, conservatively)

Condition#3: if raise up to 30% quantity sales order for cloud, enterprise larger storage capacity + better product margin, reach JCY's 30% factory utilization to 80% OEE utilization
Then, revenue raise from RM126mil to ~RM315mil [increase 30% QoQ qty sales order = 9x fold revenue increase with RM21mil x9 = RM189mil], as a result of shifted of their product mix and ASP selling price increase.
Then after minus fixed RM140mil operation cost + others progressive factory expenses, it profit before tax = ~RM175mil
Then after tax reduction, it net profit it ~RM129mil earnings, convert into EPS approximately 5.26 to 6.08 sen (+/- 10% variance, pick lower, conservatively)

Hope this calculation able to give future guidance on overall JCY business revenue growth for next 6mths to 1years projection as long as AI cloud & more data center sales order demand growth + JCY's teams factory execution delivery to hit 80% OEE utilization.

If JCY sales order rise higher than expected toward 80% factory utilization earlier, then its next EPS reporting will hit >=5sen vs early estimation, riding along with Western Digital & Seagate upraising sales order HDD, SDD demand in 2H'24.

Any pullback in an opportunity to collect for next 6mth to 1yr for multi baggar return to $2.00 share price with moving positive economy trend on data center demand HDD, SDD growth.

Here is my research and finding of how to estimate its potential share price rise for JCY business revenue & earning growth throughout year end 2024 & beyond with raising AI cloud & data center.

https://klse.i3investor.com/web/blog/detail/jcy2024/2024-06-07-story-h-159822508-JCY_How_high_JCY_share_price_can_go_by_end_2H_24

Here is my research and finding of how to estimate its potential share price rise for JCY business revenue & earning growth throughout year end 2024 & beyond with raising AI cloud & data center.

https://klse.i3investor.com/web/blog/detail/jcy2024/2024-06-07-story-h-159822508-JCY_How_high_JCY_share_price_can_go_by_end_2H_24

Here is my research and finding of how to estimate its potential share price rise for JCY business revenue & earning growth throughout year end 2024 & beyond with raising AI cloud & data center.

https://klse.i3investor.com/web/blog/detail/jcy2024/2024-06-07-story-h-159822508-JCY_How_high_JCY_share_price_can_go_by_end_2H_24

WD expects Q4'FY2024 quarter revenues to be in the range of $3.6 billion to $3.8 billion, increase vs $3.46 billion last Q3'FY24 revenue. The $3.7 billion mid-point would represent a 38.8 percent annual increase, making for a $12.94 billion full year, moving into turn around year revenue growth starting 2024.


https://klse.i3investor.com/web/blog/detail/GenerativeAIstorage/2024-06-06-story-h-159819817-Seagate_Western_Digital_benefits_from_AI_Generative_AI_storage_demand

WD expects Q4'FY2024 quarter revenues to be in the range of $3.6 billion to $3.8 billion, increase vs $3.46 billion last Q3'FY24 revenue. The $3.7 billion mid-point would represent a 38.8 percent annual increase, making for a $12.94 billion full year, moving into turn around year revenue growth starting 2024.


https://klse.i3investor.com/web/blog/detail/GenerativeAIstorage/2024-06-06-story-h-159819817-Seagate_Western_Digital_benefits_from_AI_Generative_AI_storage_demand

WD expects Q4'FY2024 quarter revenues to be in the range of $3.6 billion to $3.8 billion, increase vs $3.46 billion last Q3'FY24 revenue. The $3.7 billion mid-point would represent a 38.8 percent annual increase, making for a $12.94 billion full year, moving into turn around year revenue growth starting 2024.


https://klse.i3investor.com/web/blog/detail/GenerativeAIstorage/2024-06-06-story-h-159819817-Seagate_Western_Digital_benefits_from_AI_Generative_AI_storage_demand

She only dispose of 3.1m shares, assume sold ard $1.50 price profit taking, that only mean RM4.65mil, vs before bought for 28.46mil share at $1.09. That's only 11% share sold vs previous bought before. Important now is, Notion business revenue & earning growth in next 2H'24 which determine its next level of share price uprise with shortage of HDD, SDD for coming 2H'24 as reported by Mr. Thoo.

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.

Way to GO! It will be great if JCY's CEO or Chairman able to give company business revenue & earning guidance direction as of where JCY heading forward in next 2H'24 and beyond. Then we investor will have better understanding of where JCY business revenue projection going forward along with massive increase of AI cloud & data center on memory storage business sector.