Whether negative or positive comments , l don't feel the heat . In comparison , it gives you more preferences and opportunities to further up your decision that we sometimes have missed the point .
Shares consolidation announced. Management expect shares price will be less volatile after shares consolidation. Other companies split shares to make their share price more liquid and appealing to investors. This Dufu's plan works vice versa and its share price now may be a little bit less exciting in short-term. sigh...
@sharon , company announced share consolidation...... if at 50 plus cents also not much interest , what do you think the market will react when its above 1 ringgit....
If you have done homework and know its nature of business and know that it is an under valued stock...you won't scared when it drops and you are pretty sure it will go up again...then you make money
Those who bought for last 2 days at 0.55 are making a profit . Always safe to buy when the price down whereas many chosen to buy when the price is in upward mode
DUFU. for long term, it can perform well.Price up and down happens whole year round, it is just the process before. proceeding further Hopefully the management has the trustworthy and integrity.
Few points on the strength of this counter: 1. High dividend payout. 2. Company implements shares buy back and may distribute the gain from treasury shares to reward loyal investors in near future. (Share won't experience unreasonable drastical drop) 3. Company is making money and the earnings are improving. 4. Company is actively seeking ways to add values to its shares and to attract more long term investors. (Introduced consolidation)
The only bad thing on this counter is many speculators like it. (This sometimes can be an advantage also....if the company is good but no ppl likes to play it...it will be very dull.
All the above just my 2 cents. Buy or sell on your own risks.
Since you are here, i suppose you believed in yourself as you believe this stock is a value investing one! Fluctuation of price won't mean so much to this stock, long term would see high return to your investment! Believe to see but NOT see to believe!
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calvintaneng
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Posted by calvintaneng > 2016-09-28 22:57 | Report Abuse
Bad governance will hammer down dufu. Don't touch this one