Posted by Vicky > 2 months ago | Report Abuse

Tech stocks meltdown. Regardless of good or bad results all heading south. Sentiment rules again ahead of everything.

Posted by investorbat > 2 months ago | Report Abuse

@ chole,buying c15 is very risky,2 to 1 convertion,0.07x2 plus 1.08 to convert total 1.22 to break even in 12 months.Jcy never closed above 1 even Seagate at the highest price of 111 in 2021.

Posted by Lightofheaven > 2 months ago | Report Abuse

so funny..KucingKo opening also higher than JcY.. buat aku termenung sekejap

Posted by Vicky > 2 months ago | Report Abuse

Director bring kucing for photo session. Due to the cuteness of the kucing everyone buy kucingko. Sentiment rules !

Posted by Lightofheaven > 2 months ago | Report Abuse

today if kucing win jessie, it banyak malu ohh.

Posted by Vicky > 2 months ago | Report Abuse

Again due to the positive sentiment and like the kucing everyone desperate for kucingko IPO. Very tempting and attractive.

Posted by FortuneBlooming > 2 months ago | Report Abuse

kucing might be cute, but it seems ramai juga yg sudah trprgkp on chasing high

went up to 84, but now back down to 58.5, so high chasers already nangis keriau kena gigit

Posted by hng33 > 2 months ago | Report Abuse

Seagate reported fourth-quarter earnings of S1.05 per share, compared with a loss of 18 cents per share a year ago, beating analysts’ estimates of 75 cents.

Revenue totaled $1.89 billion, up from $1.60 billion a year ago, and coming in ahead of Wall Street’s call for $1.87 billion in sales.

Looking ahead, Seagate said it expects first-quarter revenue of roughly $2.1 billion, compared with estimates of $1.88 billion. The company anticipates adjusted earnings of $1.40 per share, compared with 75 cents per share estimates

“Seagate commented that its nearline exabyte supply is committed through the end of the calendar year, resulting in extended product lead times and overall tighter supply conditions,” he said. “Management anticipates growth to continue in fiscal 2025 driven by both traditional cloud computing workloads, as well as new AI-related deployments.”

Seagate reported sales, gross margins, and operating profits significantly above expectations, aided by stronger-than-expected recovery in its cloud customers, which resulted in a shift to higher capacity drives and improved pricing, the analyst tells investors in a research note.

The firm said management's guidance suggests demand strength at cloud customers is expected to be sustained

Posted by hng33 > 2 months ago | Report Abuse

"We attribute the underlying demand drivers to an increase from both traditional cloud computing workloads, as well as new AI-related deployments," he said. "While cloud service providers are continuing to build out that infrastructure, they increasingly focus on developing, deploying, and monetizing AI applications."

Mosley said this involves training large language models and expanding the entire hardware stack to support future generative AI content-driven growth.

While hard disk drive demand pull-through related to AI is still relatively small, Mosley said, "We believe HDDs will play a crucial role in enabling both of these phases of the AI adoption curve."

"By offering cost-efficient, scalable storage solutions, HDDs are ideal for maintaining the integrity of AI training data sets, as well as preserving the valuable content that AI engines are projected to generate in the future," he said

Mosely also discussed generative AI, which can generate text, images, videos, or other data using generative models, saying that “as GenAI engines mature, customers expect an acceleration in content creation that will lead to significant demand for mass capacity storage.”

“We recognize that GenAI is still in its early stages of adoption,” he said. “However, this customer feedback combined with our early engagements with nearline cloud and OEM customers reinforces our view that mass capacity storage will be a beneficiary in both the cloud and at the edge as the adoption of these new exciting applications takes hold.”

Posted by mickey77 > 2 months ago | Report Abuse

jcy also lembik

Posted by DickyMe > 2 months ago | Report Abuse

It had been dormant for about 8 years or more.

Posted by mickey77 > 2 months ago | Report Abuse

buy on knee jerk. now broken knee

Posted by FortuneBlooming > 2 months ago | Report Abuse

okay lor, if don't like 69, then can wait come back look look see see🙈 at 79 lor

Posted by Vicky > 2 months ago | Report Abuse

Eachtime talk about Seagate. Western Digital reported earnings below expectations. Another blow to HDD suppliers !

Posted by SALAM > 2 months ago | Report Abuse

Big spammer !!!

Posted by FortuneBlooming > 2 months ago | Report Abuse

even nestle reported subpar below forecast earnings, so much so that now downgraded from "hold" to "sell" by hlib

so what, big deal, huh?

Posted by hng33 > 2 months ago | Report Abuse

Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.

Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion forecast, with a $513 million profit contrasting strongly with the $92 million loss a year ago. This growth was a turnaround after seven successive quarters of revenue decline

Posted by FortuneBlooming > 2 months ago | Report Abuse

hng33:
"Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024."

so, for seagate, only $0.04 bil ($40 mil) increase in revenue, yet nearly 6-fold increase in profit from $92 mil to $513 mil

just wondering🤔, how that has happened

still, a very very impressive achievement, nevertheless

Posted by Anw412 > 2 months ago | Report Abuse

Hold on guys! Good Qr coming good for sure.
News Summary

Third quarter revenue was $3.46 billion, up 14% sequentially (QoQ). Cloud revenue increased 45% (QoQ), Client revenue increased 5% (QoQ) and Consumer revenue decreased (13)% (QoQ).

Third quarter GAAP earnings per share (EPS) was $0.34 and Non-GAAP EPS was $0.63, which includes underutilization-related charges in HDD.

Expect fiscal fourth quarter 2024 revenue to be in the range of $3.60 billion to $3.80 billion.

Expect Non-GAAP EPS in the range of $0.90 to $1.20.



SAN JOSE, Calif. - April 25, 2024
Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2024 financial results.

"As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western Digital CEO. "We are in the early innings of unlocking the full potential of this company, and as industry supply and demand dynamics continue to improve, we will remain disciplined around our capital spending and focused on driving innovation and efficiency across our businesses. We are confident in our strategy and the actions we have taken to-date, which successfully position us to capitalize on the promising growth prospects that lie ahead."

Posted by hng33 > 2 months ago | Report Abuse

Western Digital Co. (NASDAQ:WDC – Free Report) – Research analysts at Wedbush raised their FY2024 earnings per share estimates for Western Digital in a research report issued on Monday, July 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of (-$0.86) per share for the year, up from their previous estimate of (-$1.36)

Wedbush also issued estimates for Western Digital’s Q4 2024 earnings at $1.46 EPS, Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $3.34 EPS, Q3 2025 earnings at $3.48 EPS, Q4 2025 earnings at $3.83 EPS and FY2025 earnings at $12.76 EPS.

Remark: Western digital to release Q4 2024 report next week, 30 July

Posted by FortuneBlooming > 2 months ago | Report Abuse

ChloeTai:
"Today when JCY finally broke the support of RM0.70 to RM0.695, I quickly sell when it rebounded back to RM0.70/RM0.705, for a short while; with a loss of RM2,500. But I quickly shifted the money to IJM. Lady luck was with me. In the last 30 minutes, it shot up 6 sen and on paper, I gained back RM2,750."

you were darn lucky that lady luck helped cover for your indecisions🐱, so I guess that you had taken up about 46 big lots of ijm

OTOH, just supposing that your lady luck had not been so generous with you, and your ijm instead dropped 6 sen, then you would have lost another rm2,750

and worst case if you had then bought into another "strong steady" counter and it similarly flopped, then you might have lost another rm3,000

and then, just supposing jcy later surged up to 76, then you might also have lost yet another rm3,000 from "selling too early"

but you seem to have done good so far, well done

Posted by FortuneBlooming > 2 months ago | Report Abuse

NTT thinking of building 500 MW datacentre campus on former army base outside Frankfurt, Germany

https://www.datacenterdynamics.com/en/news/ntt-to-develop-500mw-data-center-campus-on-former-army-base-outside-frankfurt-germany-report/

just for some general inspiration and motivation, especially the long termers

also to maybe in some way provide some counterbalance to those factions still in denial about global AI/dc theme boom and still claiming that it is all nothing but empty hype🐱

Posted by FortuneBlooming > 2 months ago | Report Abuse

ChloeTai:
"I have deleted all my posts in this forum except for those long-long time ago where JCY shot up from RM0.65 to RM0.93, where I gain RM24,000."

just wondering🤔, and also trying to understand, why you feel the need to do that kind of post deleting, since it was your own genuine personal analysis and judgement at that time, which in fact did actually give you some solid gains

oh, I see, you mean your recent posts supporting jcy, still why need to delete them, nothing wrong with changing personal opinion and judgement on latest current outlook, it is not unethical nor a crime at all

Posted by Sales > 2 months ago | Report Abuse

FortuneBlooming , you don't need to delete anything. We all give general opinion only and is not a buy call. Good luck all!

Posted by FortuneBlooming > 2 months ago | Report Abuse

Sales:
"FortuneBlooming , you don't need to delete anything. We all give general opinion only and is not a buy call. Good luck all!"

yep, that's also how I see it exactly

Posted by FortuneBlooming > 2 months ago | Report Abuse

Wall Street closes up on revival supported by inflation data, tech stocks

https://theedgemalaysia.com/node/720630

Posted by FortuneBlooming > 2 months ago | Report Abuse

Another big European datacentre project. This one by Merlin, in Barcelona, Spain.

https://www.datacenterdynamics.com/en/news/merlin-raises-1-billion-for-data-center-expansion/

Posted by FortuneBlooming > 2 months ago | Report Abuse

oh come on la, Chloe, you seem to be fast becoming a profoundly alarmist doctor gloom and doom type prophet like mr chamlo ha ha ha

you already made 24k off jcy 6 weeks ago, within only about couple weeks of holding, a pretty amazing feat that I don't think you would be able to replicate at gamuda, ijm or ranhill

so, rightly speaking, I think you should be regarding jcy with at least equal respect as gamuda, ijm or ranhill, if not even more

so, if you want to return to making money on jcy like you did before, I think you should be seeing jcy as a friend, rather than a foe

but now, quite oddly and for some weird reason perhaps better known only to yourself, you seem to suddenly have become so jittery about jcy

better start getting a grip on yourself, ma'am, ki ki ki😺

Posted by Cnlim > 2 months ago | Report Abuse

haha he lost money on JCY maybe quite a lot now curse JCY

Posted by StartOfTheBull > 2 months ago | Report Abuse

Sorry to those who chased late. Knowing when to chase and your luck if you want to speculate.

Posted by StartOfTheBull > 2 months ago | Report Abuse

Sorry to those who chased late. Knowing when to chase and your luck are important if you want to speculate.

Posted by FortuneBlooming > 2 months ago | Report Abuse

AI Chip Rally Returns Friday With Nvidia and Other Semiconductor Stocks Rising

https://www.investopedia.com/ai-chipmaker-stocks-rally-nvidia-amd-broadcom-8684473

The tech bull run riding the "AI tidal wave" is only getting started, Wedbush analysts said

(naysayers, doubters, detractors, fear mongers, anxiety spreaders, esos cryers whiners weepers etc. advised to take note)

Posted by hng33 > 2 months ago | Report Abuse

Q1: Everyone is waiting for the data centre play.
Unfortunately, before hard disk can be purchase and fitted into the physical building, it may easily take 2-3 years for the main building, such as critical infrastructure (eg:power transmission, cooling system, network, certification,etc).

A1: Before HDD supplies to data center, HDD maker need to source HDD component supply chain. Now the world top 1 Hdd maker, Seagate, record major turnaround in quarterly report, swing into profit. HDD component marker like DUFU, notion and JCY, will growth in tandem to increase supplier HDD component to Seagate

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%.

More importantly, the revenue growth and profit are all expect to leap even more significantly I next Q and beyond 2025. Seagate is expect to reap revenue growth 20% and profit EPS by additional at least 40% surge profit in next Q.

Posted by Lightofheaven > 2 months ago | Report Abuse

bye bye jcy. Patience has a limit. might catch u back after i earn in other share such as dnex

Posted by eric5757 > 2 months ago | Report Abuse

Maybe JCY will going up soon back
Analysts' Forecasts for JCY International Berhad (JCY)
Target Price Estimates
Mean Target Price: MYR 1.35
Median Target Price: MYR 1.35
High Target Price: MYR 1.35
Low Target Price: MYR 1.35
Number of Estimates: 1

Posted by Rockers > 2 months ago | Report Abuse

Next support will be 57sen

Posted by Youngkid > 2 months ago | Report Abuse

Game over

Posted by Anw412 > 2 months ago | Report Abuse

Lucky me last week topup 0.660, today topup again 0.685.. TP 1 = 0.90, TP2 = 1.07..
Seagate & Western Digital showing good results. No worries JCY will follow their brothers..
TAYOR

Posted by Anw412 > 2 months ago | Report Abuse

It's coming guys.. approx 3 weeks to Qr reports..

Posted by GoToHolland > 2 months ago | Report Abuse

Weiii...coming to the holland....wkakakakakkaka

Posted by mickey77 > 2 months ago | Report Abuse

most HDD parts makers green

Posted by FortuneBlooming > 2 months ago | Report Abuse

Johor aims to raise AI job salaries to RM7,000

https://www.thestar.com.my/news/nation/2024/07/29/johor-seeks-to-raise-ai-job-salaries-to-rm7000

An undoubtable indication of growing respect for AI job expertise. While also not forgetting, that Johor is the home of JCY.

better pay <=> better talent <=> higher productivity

Posted by Gggggg > 2 months ago | Report Abuse

Go go go

Posted by Vicky > 2 months ago | Report Abuse

JCY means Just Care Yourself. Directors & management sudah lari lorrr dengan ESOS !

Posted by EatSleepTrade77 > 2 months ago | Report Abuse

I think can catch rebound when it drops to 65 cents ..

Posted by astor1es > 2 months ago | Report Abuse

Lol JCY tak boleh la

Posted by Anw412 > 2 months ago | Report Abuse

Cheap tix all sold out.. Only premium seats available. 3 weeks before boarding..
TAYOR

Posted by FortuneBlooming > 2 months ago | Report Abuse

Vicky:
"Directors & management sudah lari lorrr dengan ESOS !"

aah, yah gah, really meh😑

goodbye👋👋👋, Vicky

sorry dude😎, but looks like you have missed your boat again, as usual

and you need to find a cure urgently, I think🧐🤔, for your chronic esos crying whining whingeing weeping disease, which mr market does not seem so enamoured with, ki ki ki ha ha lol😹😂🤣

Posted by FortuneBlooming > 2 months ago | Report Abuse

US datacentre firm Equinix Inc invests RM23 mil in Cyberjaya to expand capacity

https://theedgemalaysia.com/node/720718

Posted by FortuneBlooming > 2 months ago | Report Abuse

MITI: datacentre investments drive broad economic benefits

https://theedgemalaysia.com/node/720780