Posted by sosfinance > 2015-10-05 18:39 | Report Abuse

@daz, thanks for such a detail write-up. Must have taken some time and effort
for the research and the write up. Do you mind to share a few years back, what was the reason the company made about RM25 million losses?

Posted by limkokboon > 2015-10-05 18:57 | Report Abuse

MQTECH is in HDD business too. In fact is among the pioneers.

No wonder the price moving up none stop...

http://klse.i3investor.com/servlets/stk/0070.jsp

Posted by soojinhou > 2015-10-05 19:07 | Report Abuse

HDD may not be in terminal decline, but it is not growing much either. The main reason is PC sales has slowed and even if there is growth, it is very sluggish. That's because more and more people are migrating to smartphones/tablets, and the latter does not use harddisk. Look at China, many new smartphone users have completely bypass PCs. So, while HDD may not be vanishing anytime soon, don't expect much growth either.

Posted by paperplane2 > 2015-10-05 19:33 | Report Abuse

Buy Jcy better then

Posted by mhchai > 2015-10-05 19:40 | Report Abuse

JCY after so long still below 0.70, many other semi conductor related stocks oredi up kao kao.

Posted by paperplane2 > 2015-10-05 19:43 | Report Abuse

You. If the argument is HDD still sustainable, then why not buy jcy? Low debts, improving results, next few yrs going to automate more process!

Posted by paperplane2 > 2015-10-05 22:37 | Report Abuse

Why prefer? Cheap gua, easy play goreng? All goreng kaki here

Posted by Daz Ng > 2015-10-07 17:53 | Report Abuse

Hi sosfinance, it is one time write off for subsidiary in U.S, which they exit & close the manufacturing plant in 2013

Posted by telusdansuci > 2015-10-07 18:15 | Report Abuse

PROMOTION !

Posted by TheRock > 2015-10-07 22:32 | Report Abuse

commercial hardisk will be replaced by Nand flash memory which is faster,reliable and smaller size compare to hardisk. Cost wise just matter of time to bring down.
I still remember my 8GB hardisk 15yrs ago is the same price as current 1TB HDD.

Posted by paperplane2 > 2015-10-08 18:58 | Report Abuse

Genetec, hidden gem or hidden trap!

Posted by kevlee2000 > 2015-10-08 19:37 | Report Abuse

Thanks @Daz for the good write up.

Posted by ImCK > 2015-10-08 19:40 | Report Abuse

stupid HDD not only for pc its for server also you have to understand that server demand
keep increasing every year especially we live in big data generation

Posted by ImCK > 2015-10-08 19:42 | Report Abuse

when running apps , website , data backup all need hdd ssd server to store & run .

Posted by james_owk > 2015-10-09 15:27 | Report Abuse

@daz, seems like there is trend that the directors are selling off their shares? does it concern u?

Posted by kerengga > 2015-11-18 09:53 | Report Abuse

BOOM!

Posted by kchia > 2016-02-13 13:32 | Report Abuse

went holland d!!

Posted by kawasakikai > 2016-02-13 13:47 | Report Abuse

Wakakakaka...wat hidden gem..more like hidden germ...wakakakaka

Posted by Desa20201956 > 2016-02-13 13:49 | Report Abuse

agree with paperplane.......

why not buy industry leader JCY instead of also rans?

smaller and easier to goreng?