good counter. during MCO also revenue increase. and historically their 2nd half performance is stronger. based on that, annual revenue can reach 300m. UP !
Dufu Technology moves towards RM3.77 August 22, 2020 The uneven performance of the Asian stock markets contained the overall market sentiment, and the trading trend of the FBM KLCI was sideways.
The FBM KLCI closed at 1571.12 on August 21, 1.74 points or 0.11% from the day.
The 30 constituent stocks of the FBM KLCI showed a consolidation trend on August 21, with 708 rising stocks and 390 falling stocks.
Dufu Technology (DUFU, 7233, main board industrial stocks) rebounded when the market closed on August 21. It closed at 3.56 ringgits at the close of the market, up 7 sen or 2.01% on a daily basis.
Du Fu Technology's 30-minute chart trend, the trading trend on August 21 broke its top resistance line (B1:B2).
Its 30-minute Moving Average Convergence and Divergence Index (MACD), the trading trend on August 21 is in an adjustment pattern.
It fluctuates at the "0" support line, and the future trading trend of Dufu Technology may appear to retry the support of its lower limit support line (B1:B2).
DuFu Technology’s daily chart trend may show a rebound trend after retesting, and it may challenge the resistance level of 3.57-3.77 ringgit.
Vaccine is coming, but I will not listne to Malaysia company that hoo haa say that they got contract. I will sell off my Hexza.
Construction will boom, but I still will sell my Muhibbah, Gkent and Mahsing. This is because the expected Q3 result to drop, so the price will soon follow.
On my trip to Woodlands, I thought that Technology will boom, so I have made the decision to put 98% of my cash into Technology stocks like Dufu, Penta and MPI.
Ghost, nobody can tell you good or bad timing lah. If we can, we will all in already then just wait to take profits. Those who tell you can are those who want you to enter to push price up, those who want to buy back lower will tell you cannot because PE high la, inflated price la, etc. don't ask for trading advice on a public forum.. you will get misled easily.
Now here's a neutral advice. Do your own due diligence. study the company financials, prospects, and so on. Decide if it's a good investment, and assign a fair value to it. It could be RM 4, or even 5 or 3 (depending on which method you use, you will get different answers). Then, decide how much you want to invest in this company. RM 5k? RM10k? RM 20k? RM 50k? Because each person is different. (but I would recommend no less than RM 4k each time, otherwise brokerage will just kill all your profits).
Then, once you are confident, enter in stages. If your budget is only RM 5k, then you only have 2 potential entries. Split to 3k, 2k. Enter a bit now, and if retracement happens, average down.If you have 10k, split to 3.5, 3.5 3.5, for example. 20k, 5k 5k 5k 5k, and so on and so forth. you have decide your own risk appetite.
Remember, NOBODY can tell you what is good, because it is YOUR MONEY. If you want to invest, make sure you study. Otherwise, you are gambling, and you are more likely to just lose. That being said, I am personally invested in Dufu, although it is only a small part of my whole portfolio.
terence775 well said and thanks for your advice. I will take your advice and do a proper research 1st before investing. Currently still looking (havent be in the part of the dufu group yet :)) and still learning. Thank you once again.
Funilly today, I cast my rod for a tuna but I got a blue marlin. This is called excellent, to levergae down price, not just blabbering there like no more tomorrow.
Thanks, I can leverage my price down for Dufu and Penta.
Technologies stock like DUFU, Greatech, Penta and Frontken are good hedging folio compared to other counters as you could see the fluctuation is not really much and yet if its up, it would be a significant one
After bonus issue (ex-date) on 3 August share closed at RM3.79 now is RM3.56. But if bought before ex-date at RM3.46 (adjusted price or equivalent to RM6.93), investor make 10 sen profit.
Dufu has gone up 100- 110% since last December... last December share price also about 3.10-3.40.... after 1 to 1 bonus issue , today 3.40 is equal to before bonus issue of Rm6.80.... This counter looks strong ...
5G being higher speed requires higher storage capacity for cloud (corporal and consumer) - hence directly correlates with the demand of HDD manufacturing
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....
LiimInvest
2,267 posts
Posted by LiimInvest > 2020-08-19 21:40 | Report Abuse
The higher revenue was mainly due to the increase in volume loading by customers related to hard-disk drive components.