Usually I'm not emotional at all when price drop like stone, if I know fundamentals is good. Invest for long term.
But today, I am emotional. Emotional because see the price drop down so fast; finger damn itchy to sailang. This is a very different experience for me.
When bad quarterly result comes out tonight, its stock price may come down further in early morning tomorrow. Save some bullets to buy tomorrow at cheaper price.
My remiser called me and i told him no contras will throw 10 milliom shares like that. However this Friday is a crucial day on trade war, im still not entering until the dust settles. Enjoy my trip now, happy trading !
Only a small portion of people know the coming bad results today. When the quarterly result comes out tonight, all people will know and more selling will come tomorrow.
If QR really bad then sure down more. Already overvalued plus the Demand of HDD is actually getting lower since Cloud Service is coming into picture very fast
Please be realistic. who will sell big chunks of shares like this??? Someone spreading bad news caused panic selling?? Please check back news online, is there any news saying DUFU will be bad in this QR??? So there must be someone who attended the AGM and heard the Director's comment about the future prospect
In fact, in last quarterly report and recent annual report, the management already warned bad quarters in 1H 2019. U all can check out the reports in Bursa. The AGM this morning just re-confirmed this fact.
For the current price. It already reflected 2H 2019 results. When a stock price reacted faster than the income, it will drop very fast as well. One of the example, Krono
One could argue it is because there is a much bigger demand for enterprise HDD and cloud storage, that is playing directly to Dufu's niche.
Not saying all is rosy. Definite pullback this coming 1H2019 as can be seen. But in long-term? With an increasing demand for enterprise HDD (still cheaper), cloud storage..and if you think about it, the impact of 5G tech that will bring cloud computing to everyone..
You make your own predictions lah. Whether this quarter good or not, I think some of us here are in for mid-long term
Why fake news. One must be know is that making loss is very common. just that whether they can cover in next QR or not. However, if you going to hold for middle long term. you can wait for 2 more QR and see whether the prospect of HDD still good or not
Let say now factory operation/usage now is only 60%. If you have the previous peak performance's usage, then you can compare. Have to know what is the % to achieve maximum factory output efficiency.
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....
Neverlose
23 posts
Posted by Neverlose > 2019-05-07 11:20 | Report Abuse
Still fundamentally strong.. and 1.71-1.72 gives u good Risk and Reward
Just Cut loss below 1.70 if you are trading XD