Posted by calvintaneng > 2024-05-27 11:11 | Report Abuse
There is a Big Difference between Pump & Dump and stocks with REAL CATALYSTS
DURING 2019 OGSE STOCKS WENT UP DUE TO PETRONAS GIVING OUT RM30 BILLIONS FOR CAPEX THE REAL CASH INJECTION POWERED UP OGSE STOCKS TO 300% - RM500% PRICE RISE
SO INJECTION OF RM56 BILLIONS BY AMAZON, NVIDIA AND GOOGLE INTO DATA CENTER WILL POWER UP JCY, NOTION AND DUFU
calvintaneng
56,131 posts
Posted by calvintaneng > 2024-05-27 11:13 | Report Abuse
For Glove superbull in 2020
the CATALYST WAS 8 BILLLION PEOPLE NEEDING PPE PROTECTION
SO AI CREATED HUGE DEMAND FOR STORAGE SPACE IN DC AND LOTS OF HDD NEEDED
THAT IS WHY A BULL RUN MUST BE BASED ON REAL CATALYST
A SUDDEN SURGE IN DEMAND
pang72
50,355 posts
Posted by pang72 > 2024-05-27 11:16 | Report Abuse
Jcy net cash position can not be ignored.. Once the business turn around, this giant is waking up with great profit and cash
pang72
50,355 posts
Posted by pang72 > 2024-05-27 11:17 | Report Abuse
The key thing is cheap 48c...
HoLeeMan
151 posts
Posted by HoLeeMan > 2024-05-27 11:45 | Report Abuse
My friend holds nearly 70% of shares in JCY. That is over 1.47 billion shares. They are dedicated producers in the HDD sector for decades. His factories in Johor, Thailand and China are producing that, with some SSD. Focusing made JCY a market leader. The last 8 quarters were bad. But he and his daughter remained focused. The surge in global Data Centers had enabled HDD producers to higher selling prices and larger orders. They are participating with clients to produce super HDD to facilitate the AI and generative AI data. It takes time and capacity to fulfill sales volume. They are in the best position to grow exponentially in the next 12 to 24 months. I kept significant amount of JCY shares since 2016. Good times ahead for JCY.
pang72
50,355 posts
Posted by pang72 > 2024-05-27 11:47 | Report Abuse
Hur!! Mr HO.. 1.47B shares? Is your friend the owner of JCY
pang72
50,355 posts
Posted by pang72 > 2024-05-27 11:55 | Report Abuse
Looking for 50c today.... Strong :)
Gentingbig
316 posts
Posted by Gentingbig > 2024-05-27 12:17 | Report Abuse
yes loh a friend also purchase 1500 lots since .21 cents and he is not going to sell as he told me its his retirement money to live on
FortuneBlooming
3,942 posts
Posted by FortuneBlooming > 2024-05-27 12:17 | Report Abuse
calvintaneng:
"I no fortune teller
But read these facts
1. Jcy sells both Hdd and Ssd. It captures both compared to others
2. Jcy said this qtr profit up even though it has only 50% operation
3. Reason for higher profit is due to selling higher value Hdd
4. And best of all Jcy said
2nd half results to be better than 1st half
For traders price will fluctuate
For investors price expected to move higher but not in a straight line
So decide carefully based on facts"
good advice, tq
FortuneBlooming
3,942 posts
Posted by FortuneBlooming > 2024-05-27 12:20 | Report Abuse
calvintaneng:
"I also no fortune tell for Jcy, Notion or Dufu as to who will come out top at its finality
So i just buy all 3 and hold as long as their profits increase in coming months and years"
very good
pang72
50,355 posts
Posted by pang72 > 2024-05-27 12:31 | Report Abuse
Above statement describes well of jcy business in future... OK! Buy and hold since so many treat jcy investment as retirement money:)
FortuneBlooming
3,942 posts
Posted by FortuneBlooming > 2024-05-27 12:47 | Report Abuse
To my knowledge, several prominent investors and investment funds significantly increased their holdings in NOTION around the RM 1.90 to RM 2.00 range. These investors are now also caught in this massive sell-down, and most of them are still holding on to their shares, hoping for a recovery.
Trash postings are those postings made by doubters naysayers detractors downdraggers, who do not believe in JCY yet still come every day to trash JCY and have nothing worthwhile to say about JCY.
Postings defending JCY by those who believe and have faith in JCY are not trash postings but good positive postings.
Tech stocks including AI/dc theme stocks now being overwhelmed by weak holders and scaredy catty bears overly influenced by fear mongering anxiety spreading hot shot wizard gloom doom sifus.
It seems some people here did not realise that the performance of this stock is not as good as Notion, otherwise its share price would have been at par with Notion.
Nice rise😎. Not that big, not that much to crow about, but still enough to curb some of the naysaying downdragging acidic vitriol from some unhappy sore arse hurt butt sour grape bitter heart punters.
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....
pang72
51,080 posts
Posted by pang72 > 1 month ago | Report Abuse
Ngeh Ngeh want to say penthouse 90c view is excellent?