price holding quite well at this level. Glove theme start dying the minute vaccine was found! solution to Covid problems. thr question need to be answered..Ai ) cloud / DC theme.. is there any solution to replace current problems of limited storage or handling of big Ai data?? the is one..but it takes at least 5 years away. So ...Ai theme still very much relevent. Nanti, nak bangun, tido, makan, toilet..everything n everywhere AI ..unless..we go back to manual and live and practising so called eco-lifestyle..using typewriter.huhu.
As i said before that DFX is long term investment buy. Avoid short term or contra trade. TM Data Centre already give out the contract to IJM last 2 days. I think DFX will receive the contract soon. Please be patience.
IJM secures RM331.7 mil contract to build data centre for TM's unit in Iskandar Puteri
KUALA LUMPUR (June 26): IJM Corp Bhd (KL:IJM) has secured a contract to design and build a data centre for a subsidiary of Telekom Malaysia Bhd (KL:TM) in Iskandar Puteri, Johor, for RM331.7 million.
The project — known as Block 2 of the Iskandar Puteri Data Centre — was secured from TM Technology Services Sdn Bhd via its wholly owned IJM Construction Sdn Bhd, IJM said in a statement on Wednesday.
"Construction of the data centre will begin in July 2024 and is slated for completion by the third quarter of 2025," said IJM.
The data centre aims to achieve Tier III certification under the Uptime Institute's Tier Classification System, which is the international standard for data centre performance. A Tier III certification means the data centre's maintenance can be done without downtime due to its redundant systems.
“The data centre sector is rapidly expanding, driven by the exponential growth of cloud computing and the need for robust, scalable infrastructure. Our involvement in the data centre construction market signifies our commitment to innovation and adaptability in meeting the needs of high-tech industries," said IJM group chief executive officer and managing director Lee Chun Fai.
"This data centre project is a strategic milestone for IJM Construction, diversifying our portfolio and enhancing our capabilities in high-tech construction,” Lee added.
The group expects this expansion to provide significant growth potential for IJM Construction.
This latest contract, combined with the RM962 million worth of jobs that IJM secured last week for a logistics hub in Shah Alam and a semiconductor manufacturing facility in Penang, have boosted IJM construction’s order book to RM7.3 billion.
"By leveraging its internal supply chain capabilities, including spun piles and industrialised building systems from IJM’s industry division, the group is well-positioned to capitalise on these opportunities. In the last financial year, 25% of the industry division’s spun piles were supplied to data centres, logistics warehouses, and electrical and electronics manufacturing projects, enhancing IJM's ability to deliver projects efficiently and sustainably," IJM added.
The group's shares closed four sen or 1.34% higher at RM3.03 on Wednesday, valuing the company at RM10.62 billion. The stock has gained over RM1 or 60% year to date.
We buy DFX become of its future prospect of Data Centre. We dun have insider info that when it will receive the contract. We buy for long term investment. DFX fundamental strong, nothing to worry.
due to Nividia drop for the 3-days straings.. that shoulb be expected la.. cannot go on to the top forever.. now seems stablizing. For me..the underling factor for Ai theme still intact.. DC centre still on going..where this company can get a piece of the big pie!!..
all the data center project belum siap, still in the drawing board, this Dfx will come into full force starting 2026. in the mean time, existing DC will hv to upgrade their cables.
DFX start moving not a surprise to me. Bcos DFX expected to get some Data Centre projects from TM soon. Buy and hold this stock will bring you tremendous returns.
DFX has a long-term good relationship with TM, which can see several projects awarded to DFX. It is just a matter of time for DFX to get a slice of cake in TM Data Centre.
KUALA LUMPUR (Oct 27): Divfex Bhd’s wholly-owned subsidiary Diversified Gateway Bhd has clinched a RM71.82 million contract from Telekom Malaysia Bhd (TM).
The information and communications technology solutions provider said under the agreement, it will plan, design, install, test, commission, maintain and provide support services for TM’s dense wavelength division multiplexing (DWDM).
The contract, spanning nearly 17 years, runs from Aug 1, 2022, until March 15, 2039, it said in a filing with Bursa Malaysia on Thursday.
“The letter of award is expected to contribute positively to the revenue, earnings and net assets of Divfex group for the financial year ending June 30, 2023,” Divfex said.
DWDM is a powerful technology that plays a crucial role in modern data centers, enabling high-capacity, scalable, and cost-efficient data transmission over optical fibers. Its ability to support the growing data demands of cloud services, inter-data center connectivity, and advanced network architectures makes it an essential component of the data center infrastructure.
KUALA LUMPUR: Telekom Malaysia Bhd (TM) has entered into a RM1.25bil concession agreement with the government to implement the Next Generation Emergency Services 999 (NG999) as a continuation of Malaysia Emergency Response Services 999.
In a filing with Bursa Malaysia, TM said its wholly-owned subsidiary, TM Technology Services Sdn Bhd (TM Tech) had entered into a contract with the government, represented by the Communications Ministry, to implement NG999.
Under the agreement, TM Tech has the right to design, develop, install, test, commission, operate, manage and maintain the NG999 System and provide the NG999 services to the government.
“NG999 will be for a period of 12 years, commencing from the effective date in 2024, which will be determined by the government, until 2036,” the statement said.
Without prejudice. If DFX can secure part of TM upgrading works. The coming quarter's result for DFX will be positive not forgetting DFX operations and profitability will rise in tandem. Just my personal own view
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Macgyver111
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Posted by Macgyver111 > 2024-06-27 22:35 | Report Abuse
I think data centre theme not yet over..just get started (in warm up stage) and still got room to spike up, hopefully.