Posted by Will911 > 2018-01-23 19:21 | Report Abuse

Company keep SBB. This indicate that company are confident with their performance

Posted by sense maker > 2018-01-24 10:43 | Report Abuse

Hdd biz has how many more remaining years to run assuming it goes down by 5% a year. 15 to 20 years maybe.

Posted by Investor 9999 > 2018-01-26 07:34 | Report Abuse

Dufu Q4 Outllook

Givent the positive results and increased in HDD shipments by both Seagate and Western Digital in Q2 2018 released, we can expect Dufu Q4 sales trend to be inline with its two key customers. Note that 70% of Dufu sales is from HDD. Barring any negative surprise, Dufu Q4 sales would be up. I am estimating the Co would be at least maintaining its Q3 earnings of 3.8 Sen for Q4 plus minus 10% variance.

Dufu 9 mth EPS was 11.7 Sen. thus Dufu FY 2017 EPS would be in the region of 15 Sen. Prudently, using PE 10, it can carry a valuation of RM1.50 compared to its current share price of RM1.20. A 25% upside to its current valuation.

Posted by Investor 9999 > 2018-01-26 07:35 | Report Abuse

https://www.wdc.com/about-wd/newsroom/press-room/2018-01-25-western-digital-announces-financial-results-for-second-fiscal-quarter-2018.html

Posted by Investor 9999 > 2018-01-26 07:35 | Report Abuse

http://files.shareholder.com/downloads/WDC/5688369754x0x969592/8D95D50E-2ACE-4234-B376-C442CEECE505/QFSforQ2FY2018.pdf

Posted by Investor 9999 > 2018-01-26 07:36 | Report Abuse

https://www.seagate.com/as/en/about-seagate/news/seagate-technology-announces-preliminary-financial-information-for-fiscal-second-quarter-2018-and-completion-of-long-term-nand-supply-agreement-with-toshiba-memory-corporation-pr/

Posted by verhansolution > 2018-01-26 18:04 | Report Abuse

Results definitely super good but just share price not the Right time to move north yet..patience everyone..

Posted by FlyForever > 2018-01-30 10:08 | Report Abuse

@sense maker HDD wont go down so easily

Posted by eklim65 > 2018-01-30 13:28 | Report Abuse

Q4 result will out latest by 28 Feb 2018. Just keep our finger cross.

Posted by SharehlderOppression > 2018-01-30 15:48 | Report Abuse

Dufu reminds me of a Toyota Vios
Stable, Reliable but nothing exciting
But at this price, I have to say is pretty good value

Posted by mobidick > 2018-01-30 19:45 | Report Abuse

Alibaba seeking to create a second cloud center focusing on traffic management system using AI technology. Should spike demand for HDD, i'm going to guess further that once they completed the system here they would replicate across SEA countries, even more cloud centers.

Posted by mobidick > 2018-01-30 19:45 | Report Abuse

https://www.thestar.com.my/tech/tech-news/2018/01/29/alibaba-to-take-on-kuala-lumpurs-traffic-in-first-foreign-project/

Posted by Jona0724 > 2018-01-31 10:46 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/145940.jsp
未來的發展將會是眾多中小企業排隊向握有重大數據的公司購買資料的時代. 而大公司之間的資料也會互相匯合以期互惠互利.這沒有辦法, 因為資料的多寡, 在大數據時代將會主導一家公司的興衰

Posted by UncleJohn > 2018-01-31 14:07 | Report Abuse

Haha luckily I left liao....This shit company nvr thought of increase the revenue or expand its business, and still claims it is undervalued....

Posted by RJ87 > 2018-02-01 08:41 | Report Abuse

Good for u. Stay far far away k?

If my maths is correct, there should be decline in total inventories. The steeper the decline, the higher the inventories conversion. I hope to see reduced turn over days in inventories and trade receivables.

Posted by DL60 > 2018-02-01 17:37 | Report Abuse

A funny uncle who talked shit about the shit company yet he bought the shit company shares, and now he says he is lucky to have left. The last quarter showed an increase of revenue and while the latest quarterly result is pending to be released, he says the compay's never thought of increase the revenue.

Posted by RJ87 > 2018-02-01 23:49 | Report Abuse

The unker very scared he made mistake selling...

Me on the other hand also very scared that I made mistake buying...

Historically, increased in inventories will decline rapidly and convert to revenue. I might me wrong.

Posted by Investor 9999 > 2018-02-02 06:59 | Report Abuse

https://www.seagate.com/files/www-content/about/investors/_shared/documents/fiscal-q2-2018-supplemental-information.pdf

Posted by paktua73 > 2018-02-05 09:31 | Report Abuse

old man manage grab 1.08,1.09
old man love red one
tut tut

Posted by grong > 2018-02-06 12:21 | Report Abuse

HuAt AH!!!!!!

Posted by paktua73 > 2018-02-07 09:20 | Report Abuse

old man love make money..
old man always know how to fight on red sea..
now just relax counting profit on each sen up..
tut tut
stand profit

Posted by paktua73 > 2018-02-07 09:36 | Report Abuse

sold partially at 1.16
just release the burden secure back capital and lock some profit..
its just tactical step for more strong fight later..
tut tut

Posted by Investor 9999 > 2018-02-07 11:37 | Report Abuse

DUFU
Share Buyback Continuously buy in decent Volume
The Company has sent a strong statement to the market that it is not please with its current share price and did substantial share buyback to support share price on the following dates

6 Feb Purchase 291,500 shares at price range 111 to 115

5 Feb Purchase 350,000 shares at price range 112 to 120

29 Jan Purchase 116,900 shares at price range 117 to 120

22 Jan Purchase 216,800 shares at price range 116 to 120

17 Jan Purchase 161,000 shares at price range 118 to 120

14 Dec Purchase 285,000 shares at price range 119 to 120

We can infer that, the Co is willing to support share price below 120 by exerting share buyback mandated by shareholders.

Posted by Investor 9999 > 2018-02-07 11:38 | Report Abuse

A Gem to buy before Mr Market rerate it upon Q4 announcement on 28 February 2018.

It is trading at historical (FY 16) PE 7.3 and estimated FY 2017 PE 7.4 with an estimated Dividend payment of 7.5 Sen giving a dividend yield of 6.5%

My target valuation is using my projected FY17 EPS of 15.5 Sen with a PE 10 to PE 12 is RM1.55 to RM1.86.
If your entry price is 115, the potential gain would range from 40 Sen to 71 Sen, a gain of 34.8% to 61.7%

I would cut loss at 105. Your risk is 10 Sen and your reward can range from 40 Sen to 71 Sen

Posted by Investor 9999 > 2018-02-07 11:39 | Report Abuse

Basis of Valuation

For Q3 Dufu reported a net profit of RM 6.4 mil with an EPS of 3.8 Sen and for the year to date to 30 Sept a net profit of RM 19.6 mil with an EPS of 11.7 Sen. The net profit would have been higher if not for the Forex loss of RM577K in Q3 and total of RM2 mil for YTD.

Given the strong positive statement by Dufu’s Board on its prospects for remaining qtr (see below extract), I have estimate Q4 EPS to be 3.8 Sen (same as Q3. Note that the average EPS for last 3 qtrs is 3.93 Sen) to give me an estimated FY 17 EPS to be 15.5 Sen.
Dufu in FY16 Annual Report disclosed that 70% of its income is from HDD. Seagte and WD is its main customer
.
The expected strong performance is supported by information from Seagate Q2 result showing an increase in HDD shipments capacity (EB) from 70.3 to 87.5 an increase of 24.5%, average capacity per drive (TB) had increased to 2.1 from 1.9. Both Co have performed better than market expection

Similarly at Western Digital Q2 result is also showing an increase in HDD shipments capacity (EB) from 87.4 to 97.3 an increase of 11.3%, average capacity per drive (TB) had increased to 2.1 from 1.9.

Dividend Policy

The Co has a policy of paying 50% of its net profit. Thus with an estimated EPS of 15.5 Sen, I would expect the FY 17 Dividend to be about 7.5 Sen. An interim Dividend of 2 Sen was paid in Oct 2017.

Posted by Investor 9999 > 2018-02-07 11:44 | Report Abuse

Prospect for Q4

Dufu’s Board Statement on Prospects in Q3 announcement

We expect sales to continue to remain favorable towards end of 2017 as our major product is driven by the growth in high-capacity nearline HDDs as well as stabilization of client storage demand (Note that BOTH SEAGATE AND WD HAD 37.9% and 12.5% growth in high capacity nearline HDD in qtr announced recently).

The long-term future of HDDs are likely rests with high capacity HDDs, particularly in data centers serving cloud storage applications. The demand for high capacity storage drives, enhanced performance, and lower storage cost is set to rise. Global internet penetration, the rise in e-commerce in emerging markets, and the current trend for high-resolution media standards are the likely drivers for the continuing rise in global data storage demand. Nevertheless, the Group will continue to improve its operational efficiency and keep a tight rein on costs to ensure price competitiveness on its products. The Group is also working closely with existing and new customers in creating value to their supply chain, and will continue to seek opportunity to venture into new business segments that can synergizes with the Group’s current business model. With this in place and considering the continuing stable demand based on the current market trend and assuming that there is no volatility in the United States Dollar (“USD”) currency against Ringgit, the Group is optimistic about its earnings and growth in the coming quarters.

Posted by verhansolution > 2018-02-19 14:44 | Report Abuse

Zzzz.. ?

Posted by RocketRider > 2018-02-19 19:19 | Report Abuse

Today market so bullish, almost all up, but this one down

Posted by verhansolution > 2018-02-23 19:29 | Report Abuse

Just imagine all HDD sales from notion venture to DUFU, this prove DUFU is flying on this upcoming QTR result. Buckle up to move up RM1.50 for real this time.

Posted by Investor 9999 > 2018-02-25 12:56 | Report Abuse

Notion vol would not flow to Dufu. Notion fire does not affect HDD business. Performance would be better in view of the growth in HDD by Seagate and Western Digital. Dufu 70% of income is from HDD based on last year annual report.

Posted by Investor 9999 > 2018-02-25 18:42 | Report Abuse

FY 2016

In Q4 2016, it reported for the qtr a PBT of RM19.9 mil. Included in the PBT is non-operating exceptional income of RM10.0 million which comprised

1. RM3.7 mil gain on dissolution
2. RM2.3 mil reversal of non-trade impairment
3. RM1.2 mil claim on CBT
4. RM2.8 mil impairment on receivables (which were provided in Q2 & Q3) no impact for the FY

For the Year FY 2016, it reported for the year a PBT of RM35.3 mil. Included in the PBT is non-operating exceptional income of RM6.1 million which comprised

1. RM3.7 mil gain on dissolution
2. RM1.2 mil reversal of non-trade impairment
3. RM1.2 mil claim on CBT

After adjusting for the above non-recurring income, the adjusted operating FY 2016 PBT is RM 29.2 mil

FY 2017

For 9 mths to 30 Sept 2017 Dufu reported a PBT of RM 25.7 mil (88% of Financial Year 2016 PBT). The PBT for Q1, Q2 and Q3 is RM8.2 mil, RM 9.2 mil and RM8.2 mil respectively. Thus I expect FY 17 PBT to be better than FY2016 PBT after excluding non-operational income.
I am projecting for Q4 2017 the PBT to be in region of RM8 mil to RM 9 mil (the average qtrly PBT for the first 3 qtr is RM8.6 mil) and a net profit in region of RM 6.5 mil with an EPS of 3.9 Sen for Q4 2017.

Thus adding on and projecting FY 2017, my estimated for FY 2017 PBT is RM 33.7 mil to RM34.7 mil. My FY 2017estimate net profit is RM 26.1 mil with a EPS for the Year FY 2017 to be about 15.6 Sen.

Prudently I am giving it a PE 9 to 10 and its valuation would range from RM1.40 to RM1.56 compared to its closing price of RM1.17, a potential gain of 19.6% to 33.3%

Posted by Investor 9999 > 2018-02-25 18:45 | Report Abuse

Given Dufu Dividend policy of paying 50% of it net profit, with estimated EPS of 15.6 Sen for FY2017,we can expectidividend to be in region of 7 Sen. At 117, its dividend yield is 6%

Posted by Investor 9999 > 2018-02-28 17:43 | Report Abuse

DUFU

A Gem to buy before Mr Market rerate it after Q4 announcement on 28 February 2018 given another 4.5 Sen of Dividend is being proposed.

FY 2016
In Q4 2016, it reported for the qtr a PBT of RM19.9 mil. Included in the PBT is non-operating exceptional income of RM10.0 million which comprised
1. RM3.7 mil gain on dissolution
2. RM2.3 mil reversal of non-trade impairment
3. RM1.2 mil claim on CBT
4. RM2.8 mil impairment on receivables (which were provided in Q2 & Q3) no impact for the FY

For the Year FY 2016, it reported for the year a PBT of RM35.3 mil. Included in the PBT is non-operating exceptional income of RM6.1 million which comprised
5. RM3.7 mil gain on dissolution
6. RM1.2 mil reversal of non-trade impairment
7. RM1.2 mil claim on CBT

After adjusting for the above non-recurring income, the adjusted operating FY 2016 PBT is RM 29.2 mil

FY 2017
For FY 2017 Dufu reported a PBT of RM 32.8 mil (RM 3 mil more than FY 2018 adjusted PBT of RM29.2). The PBT for Q1, Q2, Q3 and Q4 is RM8.2 mil, RM 9.2 mil, RM8.2 mil and RM 7.1 mil respectively.

In Q4 2017 Dufu reported a PBT 7.1 Mil and a net profit of RM 6.4 mil with an EPS of 3.9 Sen for Q4 2017 and for the year the net profit is RM26.0 Mil with a EPS of 15.6

Prudently I am giving it a PE 9 to 10 and its valuation would range from RM1.40 to RM1.56 compared to its closing price of RM1.14, a potential gain of 23% to 37%

Dividend
A Dividend of 4.5 Sen is being proposed for shareholders’ approval. A single tier interim dividend of 2 sen in respect of the financial year ending 31 December 2017 has been declared on 28 August 2017 and paid on 12 October 2017. Thus in aggregate Dividend for FY 2017 would be 6.5 Sen.

Posted by Goldfish2018 > 2018-03-01 10:37 | Report Abuse

Talk too much also no use. You promote Dufu since 1.4x. Until now also see down never see up.
You say will have good result. Also no good result.

Posted by Goldfish2018 > 2018-03-01 10:39 | Report Abuse

Your MMSV also. Talk so much since 1.8x. No up also

Posted by Investor 9999 > 2018-03-01 12:28 | Report Abuse

Goldfish, if a Co deliver RM26 mil profit and EPS of 15.6 and giving 4.5 Sen Dividend is not good result, pls go and find other counter. If share price do not move, there is nothing much investor can do. At least my guidance on result is relaible.

Do not be personal, when i call MMSV, it was much lower than 1.6X. Yes result for Q4 was below expectation.

Posted by Jeffbkt > 2018-03-01 16:22 | Report Abuse

Company keep buying back the share on between 1.15 to 1.2. But the market is keeping selling so it seems like market know better than the DUFU management.

Posted by verhansolution > 2018-03-06 15:10 | Report Abuse

Seems like the results did not meet what it expected. Drop to RM 1.10 already.

Posted by RocketRider > 2018-03-07 05:22 | Report Abuse

Every week share buyback by Dufu

Posted by Investor 9999 > 2018-03-07 07:28 | Report Abuse

Directors buying shares

6 March Wu Mao Yun bought 225K at about average price of 1.153 Sen
5 March Lee Hui Ta bought 222K shares at about average price of 1.1578

Share Buyback
The Company has sent a strong statement to the Mr Market that it is not please with its current share price and did substantial share buyback to support share price on the following dates

6 March Purchase 208,200 shares at price range 113 to 118

14 Feb Purchase 287,100 shares at price range 111 to 120

6 Feb Purchase 291,500 shares at price range 110 to 115

5 Feb Purchase 350,000 shares at price range 112 to 120

29 Jan Purchase 116,900 shares at price range 117 to 120

22 Jan Purchase 216,800 shares at price range 116 to 120

17 Jan Purchase 161,000 shares at price range 118 to 120

14 Dec Purchase 285,000 shares at price range 119 to 120

Posted by Investor 9999 > 2018-03-13 07:09 | Report Abuse

DUFU

We should not give up on Dufu given its strong performance and directors purchase of shares and share buyback.

It is likely that the price is being surpressed by operators. Knowing Directors and sharebuyback is being consistenlt done fron 111 to 120,

WHY WOULD INVESTORS CONTINUOUSLY QUEUE BIG VOL SALES AT 113 TO SURPRESSED THE PRICE? These Investors could wait for better sentiment to exit


Directors buying shares (since 1 March 2018 is 1.178 mil shares)

8 March Yeoh Beng Hooi bought 30K at about average price of 1.11

7 March Yeoh Beng Hooi bought 30K at about average price of 1.11

5 March Lee Hui Ta bought 671K shares at about average price of 1.159

2 March Lee Hui Ta bought 222K shares at about average price of 1.1578

1 March Wu Mao Yun bought 225K at about average price of 1.153 Sen

Share Buyback (total since Dec 2017 1.916 mil price range 111 to 120)

The Company has sent a strong statement to the Mr Market that it is not please with its current share price and did substantial share buyback to support share price on the following dates

6 March Purchase 208,200 shares at price range 113 to 118

14 Feb Purchase 287,100 shares at price range 111 to 120

6 Feb Purchase 291,500 shares at price range 110 to 115

5 Feb Purchase 350,000 shares at price range 112 to 120

29 Jan Purchase 116,900 shares at price range 117 to 120

22 Jan Purchase 216,800 shares at price range 116 to 120

17 Jan Purchase 161,000 shares at price range 118 to 120

14 Dec Purchase 285,000 shares at price range 119 to 120

We can infer that, the Co is willing to support share price below 120 by exerting share buyback mandated by shareholders.

Do not give your shares to operators collecting it cheap

Posted by kser > 2018-03-20 11:07 | Report Abuse

just bought this stock. can keep for long term

Posted by Yolonomics > 2018-03-22 15:28 | Report Abuse

Bought as well. Holding for long term.

Posted by Xbear > 2018-03-22 17:28 | Report Abuse

Bought. Holding for big gain.

Posted by eklim65 > 2018-03-26 18:39 | Report Abuse

Right move.

Posted by blazer1991 > 2018-03-28 11:32 | Report Abuse

It's the time Now!!

Posted by Alex™ > 2018-03-28 16:56 | Report Abuse

this counter heavily controlled. i watched the seller keep provoking 1 lot sell down to test water and see got ppl cut loss on TA neckline breaking or not. In the end, also need to do a hammer. haha

Posted by Alex™ > 2018-03-28 16:56 | Report Abuse

btw, the queue below RM1 is pathetic. kesian.

Posted by Pengyong Loo > 2018-03-28 17:57 | Report Abuse

Company always buy above RM 1.05 how can you queue below RM 1.00 haha

Posted by RJ87 > 2018-03-28 21:49 | Report Abuse

Managed to collect abit at 1.05...

Who wants to sell bellow RM1.05...I sailing semua 10q