IB analyst are saying that the 11% drop in USD strength against the MYR is reducing the profitability of tech companies which are export oriented. According to AR 2023, 89% of Dufu revenue is USD. This is something of concern. Any comments?
No 1 i3 SCAMMER is here is writing about Dufu now...WARNING to all ...when he ask to buy...SELL all your DUFU Just for everyones protection...check out HEXCAP....now 0.32 from high of 0.71
As I mentioned and forewarned before ie prospect of Dufu is not as great as what those online sifu expected… and my decision to sell Dufu above 2+ was right! Haha!
Benjamin shall ravin as a wolf: in the morning he shall devour the prey, and at night he shall divide the spoil. Genesis 49:27
Beware, Beware to all.....the devourer is here looking for his prey....entice we all with beautiful stories, then as usual after he has eaten full, full, he disappears from this forum. Anyone can guess who is this wolf in sheep's clothing?
Sector Focus: Despite the ongoing market volatility, we believe the weaker ringgit at RM4.375/USD could lift sentiment in export-oriented sectors such as Gloves and Technology. Additionally, the Plantation sector is likely to trend positively in line with the CPO price rally, while the O&G sector could benefit from the rebound in oil prices amid unresolved tensions in the Middle East. For defensive plays, we favour the Consumer sector, with companies like MRDIY and 99SMART being attractive options.
Benjamin shall ravin as a wolf: in the morning he shall devour the prey, and at night he shall divide the spoil. Genesis 49:27
The truth is, this is the Start of the BLUFF.....this WOLF is very hungry....now luring his prey into the den by throwing big names and 'sweet candy' stories like he is an expert in this field. Who is this hungry WOLF....anyone?
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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....
Eagle77
6,978 posts
Posted by Eagle77 > 2024-08-30 14:53 | Report Abuse
TECH BIG CRASH COMING ⬇️⬇️⬇️🩸🩸🩸