OMG ! No wonder JCY did not issue QR report but eSOS instead. A clear signal SOS for help. The JCY titian ship might going to implode and kill everyone on board. That is a very dangerous precedence and gravely concern about JCY unverified status with eSOS issued for HELP !
Now all crashing back to bottom. Malaysia data center stocks no more follow US market or any companies in US. All flush to the toilet. Bloodbath everywhere !
did a quick review of JCY financials and discovered some amazing facts 1) Last q results (Q2) reported increaase in revenue by 41% YoY and 17% QoQ 2) Huge cash holding of RM130m with only RM33 in short term debts 3) Has always been loss making with the exception of Q2 results' 4) Generated RM25m in cash from operations in Q2 5) Report Extract on Prospects :- The reported quarter total HDD storage market showed a 3% increase Quarter on Quarter (QoQ) in units shipped and 22% QoQ total Storage Capacity shipped, increasing to 262 Exabytes(EB). Based on current market trends and barring any unforeseen circumstances, the Group expects the performance of the second half year to be better than the first half. The group is projecting that our factory capacity utilisation rate will increase as our customers improve their units shipped.
Sounds very positive indeed.... with the only slight blemish being high increase in trade receivable from the increased revenue, hope this is due to timing and not from "cooking up revenues".... LOL happy hunting :-)
Key Points: 1. The U.S. Federal Reserve is widely expected to cut interest rates at its upcoming September meeting.
2. Nvidia will report its latest financial results on Aug. 28, and I think they will be far more important for the direction of the stock market.
3. Nvidia's data center revenue reflects the artificial intelligence infrastructure spending of America's biggest tech giants, which dominate the S&P 500.
Banker tulis cerita pasal Data center supaya boleh goreng, sekarang cerita data center dah ending, macam cerita glove, jadi jangan letak harapan di counter Data Center akan naik banyak lagi. Counter Data Center akan Jatuh 10 sen, naik 1 sen.
sham2020: "Hello2.. Hawau u.. Fortuneblooming.. Are you OK.. Told this is faking sh!t counter.. Brought down back brader.. 0.550.. Sinking soon.. Bye2.."
Ha ha ha. Hello brader, so you should have learned your big investing lesson by now lor.
Next time, if you bought at high at 86, don't simply throw at very low at 54 lor, just because some "hotshot wizard" ledyboy gloom doom sifu like mz vicky told you to do so.
If bought at 86 throw at 78 - 80 okay also la, but throw at 54 is ... well ... kind of a bit dumbo arso la, ki ki ki😂
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....
Vicky
1,570 posts
Posted by Vicky > 1 month ago | Report Abuse
OMG ! No wonder JCY did not issue QR report but eSOS instead. A clear signal SOS for help. The JCY titian ship might going to implode and kill everyone on board. That is a very dangerous precedence and gravely concern about JCY unverified status with eSOS issued for HELP !