The first year is super trend for Nvidia because the big giant order server through nvidia. The 2nd years (now) is the super trend for OEM because production line setup ready for mass production and profit starts count
Closed at RM2.24/RM2.25. At this moment of writing 5:00 pm 18.07.2024, Nasdaq Futures is 20,113.25 (up 119.50), Dow Futures is 41,462.00 (-35.00) and S&P Futures is 5,654.25 (+15.75).
What is the strength and connection for Natgate to secure Nvidia OEM in Malaysia? Natgate management shld demonstrates the great foresight and technical competence... One of the important factory is ability for expansion..
Mr Ooi (owner) is building more factory adjacent for expansion
NVIDIA share price rebounded USD3.10. Nasdaq -125.7 (-0.7%). Now it depends on individual tech share price whether up or down. The worst case scenario is support at RM2.16, followed by RM2.11. I am fully invested at RM2.25 yesterday (18.07.24).
Whenever a global mnc becomes a major customer of a bursa listed company, its share price tends to become a multibagger.
For example, 1) Dyson => VS, SKPRES, ATAIMS 2) Tesla => GENETEC 3) Apple/Broadcom => INARI 4) Tsmc => FRONTKN 5) Bmw => D&O 6) Nvidia => YTLPWR 7) Seagate / Western Digital => DUFU, NOTION
So, can natgate become a multi bagger too given their primary source of income is derived from Nvidia ai server, Coherent optical modules and Bitmain bitcoin mining machine?
I was quite nervous when pre close time was at 2.26/2.27. At the same time Nasdaq futures is in red. But fortunately big players sapu all at 2.30.
Another thing is I was about to press buy for EG-WD at 0.77 but I did not have the gut to do so. The purchase order mentioned by EG is such that EG does not have the confidence to deliver it, so they mention "risks" and "caution".
bro Pang72, may i know if company secured such big contract for AI servers, should company made announcement? PIE did made Bursa announcement when their subsidiary company awarded big contracts.
@Babyshark01: Can you let us know the date of PIE's announcement regarding their subsidiary company was awarded a big contract. We would like to check on it.
Market now give us chance buy low and sell high . Jangan lepaskan peluang ini . Peluang not always got . Selepas downtrend will eventually turn back to uptrend again . Kaunter yang boleh tetap boleh .
Purchase of electronic components comprising of: - Graphics processing unit, central processing unit and barebone of server (95%) - Printed circuit boards, integrated circuits, capacitors, resistors and optoelectronics (5%)
There will be an immediate dilution in the EPS as a result of the increase in the total number of issued shares upon completion of the Proposed Placement.
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
51,518 posts
Posted by pang72 > 2024-07-18 16:14 | Report Abuse
You still got 1.5 years high demand in AI server for data center