"The Group expects the performance of the second half year to be better than the first half" JCY boss
From JCY last Quarter (2Q) announcement:
FUTURE PROSPECT 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). This is the 2nd straight quarter that the industry is seeing unit HDD shipment increase. The industry has also reported that inventory levels in the supply chain are back to normal levels. 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.
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Higher High 2 De SKY OP : this is the reason I will hold for 3-6 months for this HDD bull run, suggest those without patients can just sell and move to other stock.
DJnnnn : Am taking the opportunity to average down
JIAYEN505 Higher High 2 De SKY OP : What is your share price level Hold?
Higher High 2 De SKY OP JIAYEN505 : 0.50++
105358545 : Most of us now are 0.8 plus. It's not interesting to sell it now
If you are convinced, you have no choice but to pay more.