Dufu has a low PE ratio based on historical earnings with one off income. If the company's earnings for the next few quarters are not as good, PE ratio will increase tremendously.
One off gain in the last quarter will be still in the calulation of P/E when the next QR is released, so even if the next QR is not so good, its PE ratio will not increase tremendously.
Western Digital (NASDAQ:WDC) is scheduled to announce its fiscal fourth quarter 2017 earnings on July 27. At the end of the quarter ended March, Western Digital gave positive guidance for the fiscal fourth quarter with the addition of SanDisk expected to boost revenues for the hard drive manufacturer. In addition, gross margins are expected to continue to rise significantly, as SanDisk’s flash product portfolio has higher gross margins than Western Digital’s core hard drive products.
Of late this counter are dominated by speculators who wish to make quick contra profits . The price is fluctuating with contra kakis pushing down to lock in quick profits .
Internet of Things, which means digitalization, data collection and the general movement to cloud, is going to create yet further demand for the data storage where HDD products are to benefit. And so, Seagate is well positioned to outperform in the long term.
IoT solutions market in GCC to hit $11bn by 2025 DUBAI, 9 days ago The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert.
The IoT has the potential to unlock up to 11 per cent in incremental GDP driving economic growth in the GCC region, according to AT Kearney’s latest report, ‘IoT in the GCC: Building a Brighter, More Sustainable Future’.
By 2025, the IoT solutions market will be generating a potential value for the economy of nearly $160 billion; implying that every dollar spent on IoT solutions could produce nearly $14.50 in economic value, stated the report.
According to AT Kearney, the region’s governments have been increasingly investing in next-generation technologies such as IoT, in an effort to move their economies away from heavy reliance on oil.
An exponentially growing ecosystem of connected devices and systems, IoT offers a major avenue for innovation and economic growth, and has the potential to address many of the region’s challenges, it added. http://www.tradearabia.com/news/OGN_327748.html
The next QR will be released within one month. I think the stock price will consolidate before the next QR as the stock prie has been bounded in a range for two months.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 188 views | 22 h ago
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New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 427 views | 4 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
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Posted by anonboy > 2017-07-25 19:30 | Report Abuse
Tech stocks active amidst subdued region performance http://www.theedgemarkets.com/article/tech-stocks-active-amidst-subdued-region-performance