Monday will be up or down? Let the market decide the movement

YoY

Revenue RM165 mil (June 2024)

Revenue RM133 mil (June 2023)

Revenue up RM32 million

Profit RM9.8 million (June 2024)

Loss RM3.5 million (June 2024)

Great turnaround!!

QoQ

Revenue increased by RM18 million from RM147 million (March 2024)

Profit increased by RM4.5 million from RM5.3 million (March 2024)

The continuous profit for the last 2 Quarter, Great!!!!

EPS from 0.25 (March 2024) to 0.47 (June 2024) or +88%

Cash in bank

RM155 million (June 2024)

RM103 million (September 2023)

Cash increase by 51% or +RM52 million (Great cash flow) in 9 Months

Short term borrowing

RM34 million (June 2024)

RM44 million (September 2023)

Borrowing reduced by 21% or RM10 million in 9 Months.

Net cash = RM155 million - RM34 million = RM121 millions or 5.7 cent per share. Not many tech stocks are with net cash in hand, Excellent!!

Above are just with 50% factory production rate, potential to ramp up the production of another 50% in the next 1-3 quarter.

Notion only 23% on HDD, Dufu are 80% on HDD and JCY are 93% on HDD.

I will hold and wait patiently with this HDD bull for AI and DC.