Drop below SMA20, TA point of view, doesn't look good. Anyway, i still have confidence in Dufu and their business prospect. Long term holders will eventually win more. Drop today is only a short term setback. As what Warren Buffett said, "Stocks market is a device for transferring money from the impatient to the Patient".
In annual report page 23, "Two major discussions are in progress, if successful, the space in Bukit Minyak Industrial Park will be fully occupied towards end of the year." In latest qr, mentioned secured new customers, what do you think the next qr gonna be like? Speak with facts only!
Dufu short sellers now at 65,300 units. Actually, the volume is not big enough for short selling activity, moreover, most of the people just buy n hold for RM3.00 n above counters. Not interested to trade in n out .
The annual report is out..Mgmt claimed the dividend payout for FY2020 is the highest in its history. Also, look at the outlook mentioned in the Management Analyst....they seem to be confident with the outlook of their business.
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....