Long drop may be due to:
1. T+3 after the last run
2. Selling by substantial shareholder and CEO after qtrly result announcement
3. Nasdaq dropped after warning forecast by the chipmaker, Micron Tech
Other tech stock like, inari, greatech all drop around 4% today

CEO dumped more shares today?

Yesterday the company announced ESOS for the director at RM2.57. Looks like it needs to revise downward again

Fantastic current qtr result with 2022 optimistic prospect. Limit up on Monday

Down trend likely to continue until the latest qtrly result announcement. No support in sight

Not looking good.

Glove Stock - Sell off due to change of business outlook, drop in ASP
Tech Stock - Sell off not due to change of business outlook but change in valuation due to interest rate hike

As a long time follower of Dufu, I could only say that this counter is for long term holding. Sometimes it could be very volatile without reason and your heart needs to be strong for short-term speculation.

Expects another great qtrly financial performance

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/12/11/china-shipping-to-south-east-asia-sees-prices-surge-tenfold-as-reopening-demand-picks-up

Busy suing others now. Soon, will be busy defending legal actions from authorities and creditors. Good for lawyers business

Later suing Petronas for not renewing contract, suing banks for not renewing facility

Heard will cruise over RM2.00 by end of the year

Patient is gold. After years of waiting, finally paid off

At the time of Q4 announcement, the coming Q1 quarter was nearly ending. The management knew very well of the coming Q1 performance.

BursaKakis PROSPECTS - Q4 JUNE 2021 REPORT : PERFORMANCE LIKELY TO MAINTAIN IN THE COMING QUARTER

Disappointed with this hopeless company. Even increased sales and stronger USD cannot stop a humiliating loss

There are some local audit firms affiliate themselves to international accounting firm to look "big". They only need to pay registration fee and yearly subscription fee for the affiliation. Heard from my audit practitioner friend, Nexia Malaysia barely makes it top 20 in Malaysia in terms of fee revenue or no of staffs.

Nexia is not in Top 10 accounting firm in google search. Guess all the Top 10 audit firms stay away from SD. Why not appointing one of the top 10, BDO who was previously nominated to replace KPMG?

ESOS at only RM0.695? Huge premium. Hope it will not bash down the price

Losing momentum

Doubtful of a company who is late in qtrly result announcement could do better than its previous qtr.

https://www.thestar.com.my/business/business-news/2021/06/13/out-of-control-shipping-costs-fire-up-prices-from-coffee-to-toys

The company's shipping division that has been underperformed in the past will make a strong contribution to the group result due to fire up shipping rate this year

Mak Cik Meow Meow busy buying Serbak herself because she does not trust remisers

Goodness, this is a personal attack to all the remisers

**************************************************

Mabel #Uniglo According to my remisier, price of this stock will soon value between 20 cents to 30 cents only in the coming days, advice to AVOID.
03/06/2021 10:24 AM

That's why he will always remain a remiser...

Meow
03/06/2021 10:30 AM

Another unimpressive financial quarter..

When 1MDB not happy with KPMG, they changed their auditor to Deloitte. Now Deloitte has to pay the RM300m out of court settlement for their "comprised" auditors' report.

As investor of Serba myself, I am not happy with KPMG handling of audit issues. But my accountant friends say somethings are really wrong with the audit issues. With the authority stepping in, it would be equally difficult for the next auditors to give a clean bill to their report without solid justification.

Value investor, I agree that Q1 cannot compared to Q4.

But Dufu needs a better performance to justify and maintain its good run in share price. There are indicators pointing strong HDD Enterprise demand and also increase in HDD ASP out there. But drop in sale of RM6.7m qtr to qtr is not what investors would like to hear.

Q1 previous year was partially affected by MCO lockdown and it was before the work from home spillover effect and yet the company was able to deliver a commendable financial result.

Anyway, let's hope for a better sequential qtr results so investors will have stronger confident.

After years of waiting, hope it will at least stay above its NTA of RM1.10

Current qtr revenue down by RM6.7m but profit up by RM5.0m compared to previous qtr Management said increase in profit due to current qtr forex gain of RM2.4m and previous qtr forex loss of RM3.3m. No revenue and profit growth compared to immediate preceding quarter after all the positive indications we heard.

Not sure if it was their employees who exercised the ESOS and sold down their shares today. If they did, not a good sign. They should know better than us how well their company is doing.

Simple, rewarding the senior management using investor money and not the company's own money

The tax hike will only impact tech stocks?

Not only the positive outlook statement made by the management, look at the number of investment fund holding shares in the company. That shows the fund manager confidence in the company's growth..

Its share price normally traded in a tight range and suddenly spike up 1 month before qtr result announcement and fall back after that

Unless the parties who purchase the wc will exercise the option to subscribe the company shares in block due to some deal ??

Strange. Who would purchase the warrant which is "worthless" with the conversion price of RM1.56? wc is actively traded today.

Back in Sep 2020, the ED said the worst was over. The co's share flied and co's staff started exercising ESOS. The latest qtr result show the co even barely broke even with gross loss and blames the forex loss for the reason. Was it planned from the beginning? Management's integrity is in doubt.

NTA 0.2 (Land still stated at cost), Cash 0.11. Share price could easily double up when the time comes.

Break RM5.0 before morning session end?

Range bound between 3.10 and 3.50 for the past few months. Could make some profit by trading between this range.

The result is good and on the right track. But not good enough for another run.

It is bizarre that someone has bought up so many worthless warrant today. Something is happening??

As a long time follower, Harbour share price is truly disappointing even performing well financially. Hope in kali lah...

ESOS and insiders selling have been supported with continuous buy in the past months...

This stock has gone insane

Bloody hxll. What's going on? Really regret disposed some in the RM2++ territory.

Well done, Probability. A well researched write up about long term prospect of Dufu.

What d * is going on? Shoot up like no tomorrow!

Trading volume is heavy today with share price close 1.7% lower only. Looks like there is a strong support.