With directors and company shares buyback, small cap Dufu shares in the market should be quite limited. The price holds up (down 6%) reasonaly well after an unseen heavy dumping in recent time. It shall stabilise after dumping ends.
Dufu's net profit stayed flat in FY2017, but in Q2 in FY2018 its net profit surged. Kesm's net profit satyed flat for one year, but during that time vehicle electrification progressed rapidly, so it is not surprising that Kesm's net profit will surge abruptly with enough wafer supply
plroo7 most likely end of November. Remember they have the EGM for the new share issue this Friday. However before you all get your nickers in a twist I'm going do some teaching right now, since I consider DUFU a good teaching opportunity on top of a good stock for new value investors.
A trick you guys can do next time to know a companies overall performance ahead of time is to look at their customers quarterly report. Since DUFU's two biggest customers is SEAGATE and Western Digital both of whom is listed in other stock markets and both just released their quarterly reports last week. You can go check those out to see how DUFU sales is doing to them.
But remember DUFU is selling one very specific type of product not just HDD drive components but HDD drive components for the Enterprise market because of the Helio HDD Drives. Learn to read through WD and SEAGATE QR to find the little nugget of information relevant to DUFU and decide for yourselves if this is really a speculative situation or a value buy or hold.
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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....
shpg22
2,984 posts
Posted by shpg22 > 2018-10-10 11:44 | Report Abuse
Looks like the anchovies here are smarter than the sharks. Not fooled by the proposed bonus issue.