SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology StocksWDC, NAND, NVM, enterprise storage systems, etc.


Previous 10 Next 10 
To: Sam who wrote (4647)4/15/2021 1:08:07 PM
From: Bruno Cipolla
1 Recommendation   of 4716
 
TOKYO (Reuters) - Japan Investment Corp (JIC) and Norinchukin Bank are considering buying Toshiba Corp, the Nikkan Kogyo Shimbun reported on Thursday, a Japan-led bid which may be more palatable to regulators and management than rival offers by foreign funds.

Private equity fund CVC Capital Partners, which has already made a preliminary offer for Toshiba, may join the bid to take the conglomerate private, but the Japanese funds would lead the offer, the newspaper said.

The newspaper said other government-affiliated funds may join the bid.

JIC declined to comment when contacted by Reuters, whereas Norinchukin officials were not immediately available.

CVC earlier this month proposed to take Toshiba private, and is expected to soon provide details of its $20 billion proposal.

The chairman of Toshiba's board has criticised CVC's offer so far as "lacking in substance", and has also said it would require cautious consideration due in part to regulations over foreign investment in Japanese companies with strategic technologies.

Toshiba's technology is used in missile guidance and other defence systems, for example.

Media reports have also named KKR & Co Inc and Brookfield as also considering offers for the company. The Nikkei newspaper on Wednesday said CVC was planning to team up with Bain Capital.

The latest report comes a day after Toshiba appointed a new chief executive after controversy over previous leader Nobuaki Kurumatani who faced criticism over governance issues.

(Reporting by Takashi Umekawa and Makiko Yamazaki; Writing by Ritsuko Ando; Editing by Shri Navaratnam and Christopher Cushing)

Share RecommendKeepReplyMark as Last Read


From: BeenRetired4/16/2021 8:47:49 AM
   of 4716
 
Where's the SanDisk (oops, WDC) Gelsinger. Sanjay? anyone?...anyone?...

Share RecommendKeepReplyMark as Last Read


From: storage_savant4/19/2021 5:42:07 PM
3 Recommendations   of 4716
 
Chia Cryptocurrency Expected to Cause Hard Drive and SSD Shortages

pcmag.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: storage_savant who wrote (4650)4/27/2021 12:01:23 PM
From: Sam
   of 4716
 
More on that from Tom's Hardware.

Hard Drive Prices Skyrocket In Asia Due to New Chia Cryptocoin, Scalpers Capitalize

By Zhiye Liu 3 days ago
Forget GPUs, hard drives are the new gold

tomshardware.com


Share RecommendKeepReplyMark as Last Read


From: SiliconAlley4/29/2021 4:10:20 PM
   of 4716
 
Be you tee full.

Share RecommendKeepReplyMark as Last Read


From: Elroy4/29/2021 4:53:10 PM
   of 4716
 
In addition, many cloud customers also utilize NAND flash for their consumer product lines,

Hmmmm, can anyone explain what that means? What’s a cloud customer’s consumer product line?

——

Sales down 1% year on year. Free cash flow negative $11 million. WDC share price climbing higher.

Some day it will grow and produce free cash, maybe. Hopefully soon MU and WDC and Kioxia can all merge and get this dance over with.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Elroy who wrote (4653)4/29/2021 5:20:46 PM
From: SiliconAlley
   of 4716
 
What’s a cloud customer’s consumer product line?

Mr. Google can easily answer your question.

Some day it will grow and produce free cash, maybe


Of course you ignore the fact that they generated 116 million cash from operations. This is how they invest for growth, as well as pay down debt. Free cash flow is not a meaningful metric for a growth company.

Share RecommendKeepReplyMark as Last Read


From: Elroy4/29/2021 8:49:02 PM
   of 4716
 
Last year in Q1 WDC and many other stocks took a hit to sales due to the new “pandemic” global dilemma.

This year in Q1 most companies are blowing out sales to the upside as the US exits the pandemic, and can barely keep up with demand.

Last year = weak, this year = strong.

In that environment WDC posts a year on year revenue decline of 1%.

Why is this positive news? Because they cut operating expenses? Yes, that’s good, but tech stocks like revenue growth. Is WDC ever going to grow?

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Elroy who wrote (4655)4/30/2021 2:30:16 PM
From: SiliconAlley
   of 4716
 
In that environment WDC posts a year on year revenue decline of 1%. Why is this positive news?

Knowledgeable investors look to the fundamentals and future, and not to a blip of the past. While you focus on numbers, and manipulate them to fit a preconceived notion, we focus on what those numbers mean.

Share RecommendKeepReplyMark as Last Read


From: Sam5/18/2021 8:44:35 AM
1 Recommendation   of 4716
 
Kioxia revenues rising, demand wind stronger: No news yet on IPO or acquisition
By Chris Mellor - May 17, 2021

blocksandfiles.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10