Remember, we buying JCY & Notion is for 2H'24 revenue & earnings when all AI data center across worldwide are ready & start operate. Tonight Seagate's future guidance business is very important to determine the next 2H24 & year 2025 onward. It will provide a clear overall HDD, SDD business. Opportunity to collect is now & hold till year end 2024 to Feb2025 for $2.00 target price.
Just a note of advice. In space no one will hear you scream. Only sentiment rules. Regardless how many articles or theories or calculation you show all bow down to sentiments. Stocks are lost sheep and follow where the majority follows.
True, sentiment play a major role in determine price fluctuations. In terms of stability, I more prefer Notion as too many short term players in JCY vs Notion, like to play trade in and out. Invest caution.
kkwong13: "In terms of stability, I more prefer Notion as too many short term players in JCY vs Notion, like to play trade in and out."
now then, there you go again Sifu, another careless statement
sorry, but I don't think that you as a Sifu for dufu notion jcy should be making that kind of statement in jcy room, it's going to make existing jcy holders anxious and nervous about continuing to hold jcy, so it's kind of a bit unfair for us here
I know it's a subjective personal position, but then, you are regarded by not a few as a big Sifu for dufu notion jcy, not just any random dude😎
so whatever you say would tend to carry many many many times more weight than that of Joe Average.
Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.
Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock
Seagate current quarter estimated EPS USD0.74 but reported USD1.05 which 41% higher. Next quarter outlook is USD 1.4 plus minus 0.2..so it is 40% higher than this quarter. So we should expected jcy will benefitted as well
yes I bought Jcy at 32 sen, Notion at 52.5 sen and Dufu at Rm2.40
while both Jcy and Notion shot up like a 🚀🚀🚀
dufu is like 🐢 tortoise
so I am switching some high flyers to lowly Dufu
At such prices Dufu is now so attractive and undemanding
go go go Dufu !!!
6 hours ago
hng33
Western Digital (NASDAQ:WDC – Free Report) had its price target raised by Wedbush from $85.00 to $95.00 in a research report sent to investors on Monday, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock.
Seagate Technology (NASDAQ:STX – Free Report) had its price objective hoisted by Wedbush from $100.00 to $130.00 in a research note released on Monday morning, Benzinga reports. Wedbush currently has an outperform rating on the data storage provider’s stock
6 hours ago
calvintaneng
Fantastic Turnaround Results Out for SEAGATE (After trading hours SEAGATE share price up over USD110 near all time high)
This is Best News for DUFU (Dufu going to ride on Seagate boom time like never before!)
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal fourth quarter and fiscal year ended June 28, 2024.
“Seagate delivered robust financial performance for the June quarter amid an improving cloud demand environment, capping off a fiscal year of strong execution against our financial goals. Q4 revenue grew 18% year-over-year, non-GAAP gross margin expanded to nearly 31%, and non-GAAP EPS exceeded the high end of our guidance range,” said Dave Mosley, Seagate’s chief executive officer.
“In fiscal 2025, we are remaining focused on driving profitability and maintaining supply discipline while continuing to execute our mass capacity product roadmap, anchored by our HAMR technology. Our data storage solutions offer our cloud and enterprise customers with cost, power and space advantages that support their investments in critical AI and other data-driven initiatives,” Mosley concluded.
1 minute ago
calvintaneng
Read again
“Seagate delivered robust financial performance for the June quarter amid an improving cloud demand environment, capping off a fiscal year of strong execution against our financial goals. Q4 revenue grew 18% year-over-year, non-GAAP gross margin expanded to nearly 31%, and non-GAAP EPS exceeded the high end of our guidance range,” said Dave Mosley, Seagate’s chief executive officer.
Seagate Technologies STX had perhaps the most impressive quarter post-closing bell. Its fiscal Q4 earnings came in at $1.05 per share — 20 cents higher than the Zacks consensus and a whopping +680% over the -$0.18 per share posted a year ago for the Zacks Rank #1 (Strong Buy)-rated cloud and AI tech firm. Revenues of $1.89 billion outpaced the $1.86 billion expected, and marks the third-straight earnings beat for the company, which is up +6.4% in late trading, adding to the +27% gains year to date.
Outlook: Seagate expects first-quarter revenue of approximately $2.1 billion, plus or minus $150 million, versus estimates of $1.877 billion. The company anticipates first-quarter adjusted earnings of $1.40 per share, plus or minus 20 cents per share, versus estimates of 75 cents per share. Seagate's strong guidance appears to be driving shares higher after hours.
With Seagate Qtr report out, it obvious end-customer for AI cloud data center start buying HDD, SDD memory across the globe. Starting this Q2'24 result and moving forward, this is a kickstart big for all storage memory with raising AI data center across the world. Imagine there will be billons of billions of HDD require to support 10,000 data centers across the world till year 2030. That's a massive big in HDD revenue & earning starting this Qtr and for next 2030.
One thing JCY has many short term traders, trade in & out very fast, volatile. Slightly hard to push up higher unless JCY next Qtr result is good, mgmt able to deliver and hit EPS 1.6sen. Hope it does. Just trade caution.
i noticed many JCY employees r taking up their ESOS shares entitlement! That shows a high confidence of their company's shares which is riding on d DC theme.
Name Last High Low Chg. Chg. % Time US 30 40,165.9 40,308.8 40,159.0 -192.2 -0.48% 03:59:59 US 500 5,516.2 5,558.1 5,515.2 -39.5 -0.71% 03:59:54 US Tech 100 19,548.8 19,681.5 19,540.2 -208.0 -1.05% 04:00:00
what "take profit", dude😎, you have not bought any jcy at all, but just been coming here to post loads of negative data every day, trying to drag price down, but still all in vain😹😂
Just imagine 7 consecutive Qr losses then suddenly last Qr start to make profit at 50% factory capacity. i think the worst already behind JCY now. so now we're looking at growth for both revenue/profit and capacity expansion. RM 1 before Qr seems possible. Also need to remember that this co giving out dividends every year until they're loss making.. so we can look forward to dividend plays as well but not in near future i guess.. TAYOR.
KUALA LUMPUR, July 24 — Malaysia’s stock market is experiencing a resurgence as global investors regain interest, following years of net outflows. International funds have become net buyers of Malaysian equities in the semiconductor industry and artificial intelligence (AI) data centres. Malaysia is emerging as a significant player in AI-related services. CIMB Securities projects that KLCI company's earnings will grow by 11 per cent in 2024 and 8 per cent in 2025 compared to just 5 per cent last year.
No big deal for JCY today surge 6.52% and now at 0.735. Previously it was 0.8 in average. More momentum is required to gain traction for the rise of HDD/Data center business. I would expect a bigger leap when the QR report is out as soon as early August.
Seagate report Total revenues of HDD (91.5% of revenues) rose 25% year over year to $1.727 billion in the reported quarter. On a sequential basis, revenues were up 17%.
Systems, SSD & Other segment’s revenues (8.5%), including enterprise data solutions, cloud systems and solid-state drives, were $160 million, down 27% on a year-over-year basis and 10% sequentially.
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....
kkwong13
168 posts
Posted by kkwong13 > 2 months ago | Report Abuse
Remember, we buying JCY & Notion is for 2H'24 revenue & earnings when all AI data center across worldwide are ready & start operate. Tonight Seagate's future guidance business is very important to determine the next 2H24 & year 2025 onward. It will provide a clear overall HDD, SDD business. Opportunity to collect is now & hold till year end 2024 to Feb2025 for $2.00 target price.