Rumor has it that the target price of (JCY) is also very high.
HLIB starts coverage on Notion, target price RM3.28 By Surin Murugiah / theedgemalaysia.com 21 Jun 2024, 09:09 am
main news image KUALA LUMPUR (June 21): Hong Leong Investment Bank (HLIB) Research has initiated coverage on Notion VTec Bhd (KL:NOTION) with a “buy” rating at RM1.98 with a target price of RM3.28, pegged to 30x of mid-CY2026 fully diluted earnings per share.
It said the company is well positioned to capitalise on these key trends: (i) increasing adoption of AI; (ii) advancements in disk storage capacity; (iii) global manufacturing diversification; and (iv) revival of the electrical and electronics sector.
In a note on Friday, the research house said Notion’s FY2022-2026 turnover is projected to expand at a compounded annual growth rathe of 13%, yielding an impressive earnings turnaround from a core loss after tax of RM14 million in FY2022 to a core net profit of RM48 million/RM56 million/RM62 million in FY2024/2025/2026.
Branded Image Branded Eka Heights - The emerging gem within the Malaysia Vision Valley (MVV) Conurbation Find a forever home against a backdrop of verdant landscapes and a tranquil lake at Eka Heights — Matrix Concepts Holdings Bhd’s new township development west of Seremban and minutes away from the developer’s established 6,800-acre Bandar Sri Sendayan.
HLIB said Notion has capitalised on recent market dynamics to bolster its sales across multiple segments.
The research house said following disruptions in its HDD spacer manufacturing due to a fire in 2017, Notion has seen a resurgence in demand as customers returned due to quality issues with other suppliers.
“Additionally, in electronic manufacturing services and automotive sectors, Notion has benefitted from the China+1 and Taiwan+1 strategies, as well as US tariff hikes on Chinese imports, positioning Malaysia as a preferred manufacturing hub in Asean.
“We opine that Notion deserves this valuation considering its impressive turnaround and longer visibility in its earnings growth trajectory,” it said.
chloe its also good to know when to sell as always remember money in the bank is better then money on paper. its just that my group also got information and i went crazy following them in and out of JCY 4 rounds already.
JCY full force in HDD and SSD for this DC AI bull run, JCY will overtake Notion in another few months, I raised my TP for JCY from RM2 to RM3. Hold tight
ChloeTai: "Where is "FortuneBlooming"? Hope he has not sell all. Without he/she around, this forum very boring."
hello hello hello👋
me sold all? not to worry, dear, me no fragile heart brittle soul player like some people, me no go anywhere
just needed to lie low a bit, get a break from them great multitudes of new bs spewing mumbo jumbo dumbo arso crying baby panic princess drama queen👑 jcy-hating sore-arse hurt-butt scare spreading fear mongering dimwit numbskulls who seem to have suddenly emerged crawling creeping out en masse from the rotting woodwork these last couple days or so
"You don’t sell, others will sell. That’s all I can say. And good luck"
hope you and other scaredy catty guys like you bery very bery happy like heck smiling like sally grinning like gary today after having sold all yesterday
Ooi Teik Bee (OTB): 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 though the share price is higher than the present share price. Q3 2024, Rev=189M, PAT=36.26M [EPS 1.69sen] [forecast of kkwong13]
Exactly 60 days from today (21.06.2024), we will know who is correct. Is it kkwong13 or OTB?
OTB buy big means he will make a "strong buy call" to all his 1,000 subscribers.
Still remember long-long time ago, during a lunch break, he whatsapped to all his subscribers to buy big (strong buy) for Gadang, it opened gap up 10 sen in the 2nd session.
The UMA to PIE: Everything also said unaware. And its share price dropped for 4 consecutive days already. The UMA to Notion: Notion wrote a long reply to Bursa explaining why its share price deserved to be bullish. It is a blessing in disguise. From unfamous suddenly becomes famous after HLIB make a coverage for Notion by making a buy call. Dufu and JCY follow Notion to rise.
Kangchao: "thanks to myself for not trusting those who were panicking and saying today will see free waterfall. I think the waterfall is in your bathroom😄"
no need to pay any attention to them panic princess drama queen types lor, just flush their completely useless dumbo arso advice down the frekkin bathroom pipe, but more important to develop your own judgement method (including listening to some wise🦉 advice from some wise🦉 sifus also la)
0.855 woohoo Congrates to those who holding tight. I released it this morning due to tight schedule. I know it was too early to release but also happy for those who won a lot👍👍👍
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
David Coperfield
1,118 posts
Posted by David Coperfield > 2024-06-21 11:03 | Report Abuse
hi guy, today everyone happy or not?
So any positive or negative comments?