Posted by chamlo > 10 minutes ago | Report Abuse

TP RM 6.3 is so call honest? Pls mention when can achieve? Is it Sep or Dec 24 or 2025 or even further?
------------------------
Yes. My target price is still 6.30.
I hope to see the target price at 6.30 to achieve in calendar year 2024 ... calendar year 2024 ... I repeat ...
Stock market is 6 months to a year ahead of economy, based on the EPS=0.46 in FY 2025, the PER=13.7 and less than 15.
The average PER for FBMKLCI component stock is always > 15.
Presently the PER of Tenaga is 33 times.

Target price of YTLPower set by broker
HLIB - 7.55
Macquarie - 7.30
RHB - 6.68
Affin - 6.45
TA - 6.35
MIDF - 6.35

I derive my target price based on the above logic.
Thank you.

If I am not mistaken, more than 300 readers in I3 wrote to me and thank me on their profits on Supermx in 2020.
More than 100 readers claimed that they had made millions from Supermx.
This type of appreciation, a lot of money also cannot buy.

Mr dragon328 shared this stock when the share price of YTLPower was at 0.70.
I hope this type of appreciation will be given to Mr dragon328.
He really shared his knowledge very willingly and with good deeds.
We should respect this type of person who is honest and humble.
Thank you.

Win or lose in the stock market is part of the game.
Posting good and accurate article in I3 is very important.
Honesty will only earn respect and the god will bless you.

I recommend Supermx in 2020 at 3.60, the share price went up to a new high at 24.50.
On the way up, my naysayers also attacked me day and night.
I did not care and ignored them.
I sold most of my shares > 20.00.
I am the last one laughing all the way to the bank with super profits which I never dream off in my whole life.
I hope YTLPower will be the next one.
Good luck.
Thank you.

Posted by Mikecyc > 9 hours ago | Report Abuse

Haha DC is delayed from middle of 2024 to Q1 CY2025.
--------------------
Do you know that the financial ending of FY 2024 is June 2024.
The partnership of Nvidia starts in FY 2025 is not wrong.
I also keep track on this project, the message said "starts at the second half of 2024".
I believe the posting by dragon328 is correct.
I keep track and keep all dragon328's posting in my notebook for my reference, to my surprise all notes are correct.
I respect this good writer like dragon328, he writes with facts and figures.

Thank you.

Mr Dragon328,
I believe PAT in Q4 2024 will be higher than 699 million.
I hope to see a PAT of at least 800 million in Q4 2024.
-------------------
Posted by raymondroy > 4 hours ago | Report Abuse

@dragon328 ..... yes its clear that Q4 2024 cannot possibly match Q4 2023, further more Q4 2023 also has RM350m earnings in investment income coming from technical services accrual and jordan oil shale.
-----------------
If you take out extraordinary gain of 350 million, the actual PAT for Q4 2023 was 780 million.
If PAT for Q4 2024 is > 800 million, then the actual PAT for Q4 2024 result is better.
I hope all investors or fund managers should think in this manner.

Moreover, the stock market is 6 months to a year ahead of economy, many analysts will take the EPS of FY 2025 to project the target price.
I believe there is a growth of around 20% in EPS in FY 2025.
All analysts also use EPS of FY 2025 to derive the target price of YTLPower, there is the real reason all analysts projected high target prices for YTLPower as follows :-
Target price of YTLPower set by broker
HLIB - 7.55
Macquarie - 7.30
RHB - 6.68
Affin - 6.45
TA - 6.35
MIDF - 6.35

I hope the share price of YTLPower will be steady after Q4 2024 result is out.
Good luck.
Thank you.

@Dragon328,
From AMinvest report.
Quote !!
We believe that YTLP’s 100 MW AI DC (data centre) in Johor is on track for commissioning in 2025F. We maintain our earnings forecast of more than RM1bil for the AI DC in FY26F.
Unquote !!

This increase in profit from the partnership of Nvidia is more than enough to compensate for the loss of profit from PowerSeraya.
Thank you.

@stncws,
I am still very young.
I am still working very hard, have not reached retired age yet.
Thank you for your compliment.
Good luck.

Please read link below.
https://theedgemalaysia.com/node/719777

KUALA LUMPUR (July 22): Foreign investors maintained their buying spree on Bursa Malaysia, purchasing RM740.8 million net last week, up 54.9% from the week prior, according to MIDF Research.

"They net bought every day [last week], and have been net buying for 15 consecutive trading days," said the research firm in a note on Monday.

MIDF noted that foreign investors net bought RM326.6 million last Monday, RM64 million on Tuesday, RM235.9 million on Wednesday, RM21.3 million on Thursday, and RM93.1 million on Friday.

The top three sectors that they net bought were financial services (RM593.1 million), utilities (RM137.5 million), and property (RM128.7 million), while the top sectors that they net sold were technology (-RM73.8 million), energy (-RM55.1 million), and consumer products and services (-RM21.7 million).

Good luck.
Thank you.

Posted by neohts > 21 minutes ago | Report Abuse
OTB - US cannot get. But UK possible.
--------------------
Yes. You are right.
Very sad case for TauRx.
I hope the US authority will do justice to all Alzheimer patients.
Should have a good heart towards health care.
Thank you.

Dear dragon328,
Thank you.

Dear dragon328,
Q1 2024 PAT - 848
Q2 2024 PAT - 845
Q3 2024 PAT - 699
Q4 2024 PAT - 900
Total PAT - 3292 million
NOSI - 8256
EPS = 0.399
TP = 5.99 if PER=15.

If Q4 PAT - 1,000 million
Total PAT - 3392 million
EPS = 0.411
TP = 6.17 if PER = 15.

Do you think the PAT for Q4 2024 can achieve 900 million or possible 1.0 billion ?
Please enlighten me your projected PAT for Q4 2024.

Thank you.

Since KLSE is in a bull market now, I prefer to buy on support than to buy on breakout.

I just attended global stock market outlook organised by Standard Chartered tonight, all analysts are super bullish on AI data centers stocks, utilities stocks and semiconductor stocks, hence YTLPower will perform very well in 2024/5.

The US stock market will be super good from now until 2025, this super bull market will last at least 8 months to a year.
The Fed in US will cut interest rate in Sept 2024, Feb 2025, May 2025 and August 2025.
Global stock markets will be bullish until 2025.
Good luck.
Thank you.

Salient facts of data centers
One trillion (RM) of investment on data centers is coming to be set up in Malaysia from 2024 to 2028.
Major investors to set up these data centers are Amazon, Apple, Goggle, Microsoft and Nvidia from the USA.
There are 280 MW of data centers in 2024, this figure will increase to 3,221 MW in 2028, an increase of 11.5 times.
Based on DC Bytes projections, CGS (broker) said the data centre capacity in Malaysia is expected to deliver a 32% to 56% compound annual growth rate (CAGR) in 2023-2028, far outstripping the 8% CAGR forecast for Singapore.
The current electricity (power) usage in 2023 is > 20.0 GW, additional new capacity of power to be added by 2030 is 10.5 GW. It means extra 50% of electricity usage by 2030 due to the increased capacity of these data centers and population growth.
The high usage of electricity will benefit YTLPower (in Singapore) and Tenaga in Malaysia.
The GDP growth of Malaysia in 2023 is around 3.7%, it is projected to grow to around 4.5% in 2024.
The total GDP value of Malaysia is around 1.6 trillion (RM), 1 trillion investment from data centers in the next 5 years means 200 billion (RM) is added to the GDP of Malaysia each year from 2024 until 2028.
If RM 200 billion is invested into Malaysian GDP per year for the next 5 years, these data centers account for 12.5% growth of Malaysian GDP every year.
Hence I strongly believe a second wave of strong growth of > 10% GDP is coming to the Malaysian economy starting from 2025 onward.
If the above statement is true, the GDP growth will be increased to 10% to 13% each year from 2025 to 2028 every year. (I assume the investment (money) will come in a big way from 2025 onward).
I believe FBMKLCI will break new highs (around 2,000 points) from 2025 onward. KLSE is definitely in a bull market starting from 2024 onward. All investors should start to invest in KLSE now to take the opportunity of high foreign investment in Malaysia.
Looking back into history, the last GDP growth of 8% to 10% in Malaysia happened in the early 90's.
In 1993, there was a super bull market in our lifetime due to a high GDP of Malaysia around 10%.
Likewise, I expect a bull market to start from 2024 to 2028.

According to a May 2024 report, the present semiconductor industry alone contributed 25% of Malaysian GDP.
I believe after 2028, data centers will contribute > semiconductor industry in term of Malaysia GDP value.
Good luck.
Thank you.

There is a selldown on the share price of YTLPower on 12/7/2024, the concern is the profit of Wessex Waters in UK.
The golden eggs of YTLPower is the power generation (electricity) which is the biggest profit generator in the entire YTLPower income statement.
The next explosive profit will come from Nvidia's AI data centers.
Wessex Waters is a losing money business in the last few years.
Based on Q3 2024 report, Wessex Waters will make a small profit in Q4 2024 report.

I do not think that we should listen to the rumours, to me buying at next support at 4.85 is a good buy for YTLPower if there is a big drop.
I will buy in a big way at 4.86.
I still believe the share price of YTLPower will move up north further in the second half of 2024 because of partnership of Nvidia on data centers.
The target price at 6.30 remained unchanged for the time being.
I will continue to invest in YTLPower on a longer term basis, may be another 6 months to a year.
Good luck.
Thank you.

Posted by Agjl > 50 minutes ago | Report Abuse
https://theedgemalaysia.com/node/717281
-------------------------
Posted by NatsukoMishima > 1 hour ago | Report Abuse
https://www.klsescreener.com/v2/news/view/1356375
----------------
The share price of YTLPower should move up north with this type of news.
No reason that YTL performed better than YTLPower in the last few days.
The volume of YTLPower is reducing in the last few days, hope foreign funds should come in to buy and push up the share price to cross above 5.44.
Good luck.
Thank you.

The share price is moving north slowly and steadily.
GO is over, time is ready to move up north and breaks new high.
A major resistance at 1.70 level.
Is it a block to collect shares before the share price flies to the sky ?
Sit back and watch the show.
Good luck.
Thank you.

I do not like to badmouth the stock.
I do not like to attack anyone in I3.
I just want to talk facts and figures.
The plantation index was dropping all the way to about one year low.
The plantation index dropped from 7,500 on 8/5/2024 to a low of 6,932 on 9/7/2024.
The plantation index dropped below 20-day EMA and even 200-day SMA.
Please stop recommend plantation stocks for time being, they will not perform in short term.
If I am not mistaken, no broker in town is recommending plantation stocks.
No point to promote plantation stocks day and night, they will not perform in short term.

YTLPower has gone up almost 4 times, KGB-WB also moves up north 360%.
Please stop telling readers in I3 to swap to plantation stocks.
Readers in I3 will scold you.
My 2 cents comments.
Good luck.
Thank you.

When the share price of YTLPower crossed and closed above 5.44 convincingly, many traders will jump in to buy this stock.
Traders like to buy on breakout especially all time high breakout.
Good luck.
Thank you.

All youtube videos are recommending YTLPower, YTL and Ranhill on data centers.
Even the TV from Taiwan also broadcast this news.
I believe data centers theme will still can go very far, it is the beginning only.
Good luck.
Thank you.

Posted by LouisLim > 1 hour ago | Report Abuse

Buy FPHB before OTB recommended to his subscribers to come sapu this good fundamental and prospect stock.
-------------------
I am not that powerful, you have overstated me.
Anyway, any good stock will not escape my eyes.

Goldberg and gohkimhock are very good in stock pick too, I always monitor their stock picks.
Good luck.
Thank you.

The share price of YTLPower closed at 5.30 today.
Parabolic SAR, Force Index and daily MACD have shown buy signals now.
The uptrend has started and I wish the share price will break 5.44 soon.
Good luck.
Thank you.

Please read the link below.
https://pba.com.my/pdf/news/2024/23052024_PBAPP_Rates_RATIONAL.pdf
Look at the above water selling rate.
The selling price of water to Data Centers (DC) at $3.55 per m3
Cost to clean processed water = $1.00
Profit to Ranhill = 3.55 - 1.00 = $2.55 per m3.
How many hundreds of million $ can the profit be per annum ?
These Data Centers required million M3 of water to cool down the system.
Quote from Johor Exco : In the 1st phase, there are 9 + 6 soon and + 30 DC in application process for 2nd phase.
1st phase of 15 DC = 1280 MW + 1490 MW = 2,770 MW to be increasingly consumed in 2 years time.
How much of business profit for Ranhill to supply water to Data Centers ?
According to Google search, a small 1 MW data center requires around 25,500 M3 of water per year.
1st phase 2,770 MW = 2770*25500*2.55 = 180 million per year.
Assume the current existing profit of Ranhill = 62 million.
Total PAT = 242 million.
NOSI = 1297 million shares.
EPS = 0.187 per year.
Current price = 1.45.
PER = 7.75.
Target price at 15 PER = 2.81.
Target price at 20 PER = 3.74.
Good luck.
Thank you.

Hope the share price of YTLPower can close above 4.94 today.
4.94 is the 20-day EMA line.
Once 4.94 is crossed convincingly, Parabolic SAR, Force Index and daily MACD will start to show the buy signals subsequently.
The uptrend will start and the share price will break new high soon.
Good luck.
Thank you.

One trillion (RM) of investment on data centers is coming to be set up in Malaysia from 2024 to 2028.
Major investors to set up these data centers are Amazon, Apple, Goggle, Microsoft and Nvidia from the USA.
There are 280 MW of data centers in 2024, this figure will increase to 3,221 MW in 2028, an increase of 11.5 times.
Based on DC Bytes projections, CGS (broker) said the data centre capacity in Malaysia is expected to deliver a 32% to 56% compound annual growth rate (CAGR) in 2023-2028, far outstripping the 8% CAGR forecast for Singapore.
The current electricity (power) usage in 2023 is > 20.0 GW, additional new capacity of power to be added by 2030 is 10.5 GW. It means extra 50% of electricity usage by 2030 due to the increased capacity of these data centers and population growth.
The high usage of electricity will benefit YTLPower (in Singapore) and Tenaga in Malaysia.

The GDP growth of Malaysia in 2023 is around 3.7%, it is projected to grow to around 4.5% in 2024.
The total GDP of Malaysia is around 2 trillion (RM), 1 trillion investment from data centers in the next 5 years means 200 billion (RM) is added to the GDP of Malaysia each year from 2024 until 2028.
If the above statement is true, the GDP growth will be increased to 8% to 10% each year from 2025 to 2028. (I assume the investment (money) will come in a big way from 2025 onward).
Looking back into history, the last GDP growth of 8% to 10% in Malaysia happened in the early 90's.
In 1993, there was a super bull market in our lifetime due to a high GDP of Malaysia around 10%.
If I am not mistaken in 1993 bull run, FBMKLCI index almost double in 1993 bull run. FBMKLCI index started to move up north from around 500 points to around 1300 points in 1993.
Likewise, I expect a bull market to start from 2024 to 2028.
The present FBMKLCI is around 1477 in 2024, I hope the FBMKLCI index can double to 3,000 points in 2028.
I hope the second super bull run starts from 2024 onward and last until 2028.

Please read this link.
https://www.malaymail.com/news/money/2024/02/27/malaysia-in-sweet-spot-for-prolonged-bull-market/120267.
Good luck.
Thank you.

Dear dragon328,
Thank you.

Dear dragon328,
I like to hear your comments or analysis on Ranhill.
I believe all data centers need a lot of water to cool down.
The selling price of water to data centers is at 3.55 per M3.
Will Ranhill make a lot of money from this water sale ?
Thank you.

The PAT for Q3 2024 is 47.6 million.
This PAT already broke new record quarter profit.
Last 4 rolling quarter EPS is 24.34 sen.
This stock is trading at a PER = 4.64.
Feel quite sad this stock just cannot perform.
This stock is really undervalued.
Thank you.

Hope the share price of YTLPower can close above 4.87 today.
Good luck.
Thank you.

Foreign funds are swapping stocks, they are not completely out of KLSE.
They also buy other stocks, hope they buy Genting Bhd.
Good luck.
Thank you.

Posted by JL99 > 51 minutes ago | Report Abuse
Hi OTB, agree with your FA on Genting - truly undervalued gem. From TA perspective, do you see a long waiting time for durian to drop?
---------------------
The trend in the technical chart is sideway, it will take time to be bullish.
Based on FA, I prefer to buy on weakness so that I can buy it cheap.
I do not mind to buy and hold for 6 months to a year because I am a longer term investor.
I bought Supermx at 3.60 in 2020, I have the patience to wait and finally I sold them > 20.00.
Likewise, I bought YTLPower at 1.10 since May 2023, I still hold them even the share price had gone up 300% to 400%.
Want to win big in KLSE, need to buy and hold it for a longer term provided the FA of the stock must be very good.
FA of Genting Bhd is very good now.
Good luck.
Thank you.

The share price of Genting closed on 15/9/2017 (weekly chart) = 7.90.
EPS for 2017 = 36.87 sen.
The share price of Genting closed on 27/6/2024 = 4.67.
The last 4 rolling quarters EPS = 36.63 sen.
I believe the EPS of Genting for FY 2024 should be far > 36.87 sen.
Basing on EPS calculation, the theoretical share price of Genting should worth 7.90.
The target price set by HLIB is 7.60.
The present share price of Genting at 4.67 is really undervalued.
-------------------------
Posted by Michaelchan2024 > 5 hours ago | Report Abuse
https://youtu.be/p185xo0eo2c?si=SK2w3urevbiZFani
人山人海，為何云頂人潮这么拥挤？火患后云頂更加旺？
-------------------
Answer :
If the business at Genting Resort Malaysia is back to pre-covid-19 level, the share price of Genting at 4.67 is really too low and undervalued.
Just be patience, the share price of Genting Bhd will move up north soon to hit >7.60.
The target price set by HLIB is 7.60.
No point to scold Genting Bhd everyday, just be patience to wait for the durian to drop.
When the time is ripe, the durian will drop by itself.
Good luck.
Thank you.

A correction in KLSE is considered as a friend, this friend will bring in more wealth to you if you take the correct action.
Do not fear about correction, buy on weakness on YTLPower.

Please buy good fundamental stocks only ... I repeat ... invest in good fundamental stocks only.
Good luck.
Thank you.

The present management cannot transform this company, it is better to let others who are more capable to manage this company.
Hope Talam is a takeover target.
I believe IJM, Ecoworld and Sunway can manage Talam better than the present management.
Hope for the best.
Thank you.

Posted by Permutation > 1 hour ago | Report Abuse

Mr OTB, Thank you for the analysis.
If it fail to break 5.44 in the next 10 trading days, technically, does that mean it will be in a down trend for much longer? According to TA ?? TQ
---------------------
I wish a Cup And Handle Formation will be formed because this chart pattern is super bullish.

If 5.44 is not broken within next 10 trading days means this Cup And Handle Formation is not valid.

The technical chart of YTLPower is not a downtrend chart since March 2023.
Based on TA rule, the share price of YTLPower drops below 200-day SMA, then the chart is no longer an uptrending chart.
The share price to drop below 3.29 is not possible now for the time being.

I believe the share price of YTLPower will continue to break new high once the joint venture with Nvidia on the Super Computer project is kicked off. No turning back for a long ... long ... time ... I repeat ... a long ... long ... time.

I believe the scenario described by dragon328 in the below posting is more likely to happen in the near future.

Posted by dragon328 > 2 weeks ago | Report Abuse
Based on my earnings projection and if I apply a PER of 12x and 15x, I expect YTL Power share to trade up to:

2024 - EPS of 39 sen x 12-15 = RM4.68 - RM5.86
2025 - EPS of 46 sen x 12-15 = RM5.52 - RM6.90
2026 - EPS of 60 sen x 12-15 = RM7.20 - RM9.00
2027 - EPS of 66 sen x 12-15 = RM7.92 - RM9.90
2028 - EPS of 80 sen x 12-15 = RM9.60 - RM12.00
2032 - EPS of 92 sen x 12-15 = RM11.04 - RM13.80

Good luck.
Thank you.

The high of candle on 21/5/2024 is 5.44.
The high of candle on 18/6/2024 is also 5.44.
It forms a double top.
The period or duration is around 1 month.
For a Cup and Handle Formation to be formed, the consolidation period is around 10 trading days.
It is an opportunity to buy on weakness in the next 10 trading days.

The share price of YTLPower must break 5.44 in the next 10 trading days.
If the share price can break 5.44, then the Cup And Handle Formation is really formed.
Once a Cup And Handle Formation is well formed, the technical chart will be very bullish.
I believe the share price of YTLPower will break new high again to cross 6.00 soon.
Good luck.
Thank you.

Posted by HuatRex1314 > 11 minutes ago | Report Abuse
Don't worry too much. My 20 years TA analysis show that it will fly towards RM2. Tq
------------------------
Glad to read your posting here.
I believe in HuatRex1314's statement.
I also recommended PPHB, the EPS=18.20 cents.
If PER=10, the target price is 1.82.
If PER=11, the target price is 2.00.
If PER=12, the target price is 2.18.
Good luck.
Thank you.

No more comment.
Below is my last comment.
Thank you.

Dear chunah,
I spent a few days to study the FA of JCY, I just cannot be convinced that Rev=903 million, PAT=254 million.
I talk with facts and figures, I check all angles before I write it here.

FY 2022, Rev=835 million, PAT= -91 million loss.
FY 2023, Rev=475 million, PAT= -90 million loss.

I agreed that there are big demands for HDD, I accept the Rev=903 million (90% higher than FY 2023), but not PAT=254 million which is higher than Rev=1.700 billion, PAT=200 million in 2010.

Please note that JCY suffered a loss of 91 million and 90 million in FY 2022 and FY 2023 respectively.

I hope I am wrong.
It is a discussion session, I have no intention to pour water on the fire.
I just want to learn from kkwong13, the logic of his article.

I am really interested in this HDD story, I will monitor this stock carefully.
I will invest some money on this stock based on TA because the technical chart looks fantastic to me.
I will buy big if the Q3 2024 result is very good even the share price is higher than the present share price.
The above is my 2 cents comment only.
Thank you.

Up 11% today, any good news !!
Good luck.

The share price of Talam is only 2 sen, is there any good value left behind in this stock ?
If the land bank is value for money, may be someone will make a takeover or GO on this stock.
Hope that the share price will perform if there is a GO.
Good luck.

This stock has all good assets especially the toll roads in KL and property development near Johor Bahru.
Johor property play theme (JSSEZ) benefits all property stocks except Ekovest.
Ekovest is the worst stock, never benefit from JSSEZ play.
Won RTS link project in Johor Bahru.
All these projects are not factored into the share price.
Really disappointed with this stock, the worst part is the share price is below 0.50 like a penny stock.
May be it is the worst stock in the construction sector despite won RTS link project contract.
Very sad if you buy this stock.
Hope good luck will shine on this stock soon.
Thank you.

Dear JMpower,
My favourite stocks are KGB-WB and YTLPower.
Presently their prices are very high now, I really cannot recommend to you now.
Maybe you can buy them when there is a major correction.
I bought and recommended YTLPower at 1.10 and KGB-WB below 0.60.
If I tell you to buy them now, I think it is not fair to chase at such high prices.

Humeind, Genting and KSL are good stocks I want to recommend. Buy on weakness is my strategy.
Genetec, MNHldg, MYEG, Notion and JCY are the stocks I am monitoring, I want to buy on weakness only.

No guarantee they will perform, I want to buy them because of good fundamentals (FA stocks).
Good Luck.
Thank you.

I bought and recommended Inta at 0.36, my target price is around 0.62.
Good luck.
Thank you.

Posted by Jerichomy > 2 minutes ago | Report Abuse
Everybody want kena tipu by OTB
------------------
I bought and recommended YTLPower in this forum at 1.10, the present share price is 5.06.
The present gain is equal to 360%, I am laughing all the way to the bank.
I still hold a big portfolio of YTLPower, no intention to sell them.

I helped all investors here to make a fortune in this stock.
YTLPower is another Supermx in 2020, the share price of Supermx went up from 3.60 to 24.50 high in 2020.
Good luck.
Thank you.

A trader will not make a lot of money, an investor buys and holds share for a bit longer term will win big.
I have > 30 years of experience as a remisier and also as an investor, I have many clients who are good investors made millions from KLSE.
I never see any of my client who is a trader made million from KLSE.
Decide yourself.
Good luck.
Thank you.

Buy on weakness is the best strategy.
How low will the share price drops ?
I do not know.
Average it down if you have a chance.
Decide yourself.
Good luck.
Thank you.

Dear chunah,
I spent a few days to study the FA of JCY, I just cannot be convinced that Rev=903 million, PAT=254 million.
I talk with facts and figures, I check all angles before I write it here.

FY 2022, Rev=835 million, PAT= -91 million loss.
FY 2023, Rev=475 million, PAT= -90 million loss.

I agreed that there are big demands for HDD, I accept the Rev=903 million (90% higher than FY 2023), but not PAT=254 million which is higher than Rev=1.700 billion, PAT=200 million in 2010.

Please note that JCY suffered a loss of 91 million and 90 million in FY 2022 and FY 2023 respectively.

I hope I am wrong.
It is a discussion session, I have no intention to pour water on the fire.
I just want to learn from kkwong13, the logic of his article.

I am really interested in this HDD story, I will monitor this stock carefully.
I will invest some money on this stock based on TA because the technical chart looks fantastic to me.
I will buy big if the Q3 2024 result is very good even the share price is higher than the present share price.
The above is my 2 cents comment only.
Thank you.

Dear kkwong13,
I take this forum as a discussion only, there is no right or wrong in any assumption made.

Quote !!
In 2010, JCY International made its debut on the Malaysian stock market with an annual turnover of more than RM1.7 billion and a net profit of RM200 million. Its listing valuation exceeded RM3 billion, making it the largest technology listing in Southeast Asia at the time.
Unquote !!
----------------
Based on your calculation, Rev=903 million, PAT=254 million.
I believe your projection is may be too high.

Using 2010 figures, Rev=1.700 billion, PAT=200 million.
Basing on this formula, the projected Rev= 903 million, PAT=106 million.
EPS=0.0495 or 4.95 sen.

Question to ponder
Is the price of HDD in 2010 higher than the present price in 2024 ?
I do not know.

I do not know the correct answer, the above is my 2 cents comment only.
Thank you.

Dear kkwong13,
Q2 2024, Rev=147M, PAT=5.35M
Q3 2024, Rev=189M, PAT=36.26M
Q4 2024, Rev=252M, PAT=82.88M
Q1 2025, Rev=315M, PAT=129.50M
Total, Rev=452M, PAT=253.99M
EPS = 0.119

I think you make a few mistakes, please verify my calculation.
I need to see PAT=36.26M in Q3 2024, then your method of projection is correct.
Presently, I really cannot verify your projection.

Thank you.

Dear kkwong13,
Q2 2024, Rev=147M, PAT=5.35M
Q3 2024, Rev=189M, PAT=36.26M
Q4 2024, Rev=252M, PAT=82.88M
Q1 2025, Rev=315M, PAT=129.50M
Total, Rev=452M, PAT=253.99M
EPS = 0.119

I think you make a few mistakes, please verify my calculation.
I need to see PAT=36.26M in Q3 2024, then your method of projection is correct.
Presently, I really cannot verify your projection.

Thank you.

Dear kkwong13,
Continue to work hard and write good articles in I3, you will have a very good future.

A nobleman will help you soon.
Good luck.
Thank you.