At first I was wondering why this Dufu ex-date is one month from the announcement date. Normally, it would take about 2 weeks between the announcement and ex-date. Then I realize the 2nd quarter results will be announce on the first week of August. Surely by now the directors have a rough idea that it's going to be an impressive one.
Let say it hit RM7 before the ex-date, the theoretical ex-price will be RM3.50 and will again be pushed up to RM4 or higher thereafter , Same thing happened to Penta last year. But I made a mistake of selling to soon after ex-date around RM3.10 ... and you can see the price has increase 2 folds now
when 2nd QR is announced in the 1st week of August, analysts will commend, QTQ basis, 2nd QR2020 better than 2019. why? this yr, 1stQR already RM14 million profit vs last yr 1stQR 4 million. if RM14million is maintainrd in 2nd QR 2020, it will be better than RM10 million achieved in 2nd QR 2019. half yearly, 2020 will be superb in comparison with 2019. so price can only go up
Just got notice from Dufu today, they credited the final 6 sen dividend into my account. Not bad some pocket money ... with the share price going higher and higher
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Posted by Kok Leong Chan > 2020-07-07 11:15 | Report Abuse
Yes. Average is 1.25 after bonus