In my memory, Dufu was having a bad news where something related to fake financial report kind of issue. If Dufu is a good company to many analysts, i do not want to trust. I rather to miss than having a bad reputation company, though the share price may up. I might be wrong, sorry if i have wrong information and mislead anyone.
Yes an no. As you can surmise from the stocks I've talked about in the past DUFU is not my first big return stock. From my own experience I have witnessed such exuberance and massive attempts by others to pump and dump throughout the years.
This always happened with undervalued stocks, once the market as a whole realize a stock is undervalued, there wont be just value investors like me coming in, but speculators, and institutional investors trying to pump the stock with NOISE to make a quick buck. As I commented earlier it's like death and taxes.
The question on everybody who's read my earlier posts should be is the current price reasonable for the overall business value of the company? Since DUFU is going through a massive growth phase due to HOT new technology and the new technology hasn't achieved market saturation yet is a price of RM2.40 which is a P/E of 14 too high when compared to industry average P/E of 17?
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Johloh
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Posted by Johloh > 2018-08-24 11:36 | Report Abuse
drop below 2.00 quite a good buy