Posted by godhand > 2018-11-22 19:26 | Report Abuse

Pls find me one tech stock that earns 20mil a quarter this cheap.

Posted by REAL_Sincere_Analyst (see user id, kenlee is FAKE) > 2018-11-22 22:12 | Report Abuse

God hand is aemulus

Posted by PW888 > 2018-11-23 08:04 | Report Abuse

Many have left the boat and laughed all the way to bank. So major shareholders/directors and those who entered cheap cheap are sochai who still hold on?

Posted by calvintaneng > 2018-11-23 09:30 | Report Abuse

All who chased above rm3.50 to over Rm4.00 are the Biggest Sorchai

Once Pumping is Over
Dumping starts

Posted by apolloang > 2018-11-23 09:33 | Report Abuse

at least dufu shows profit and got bonus.....dnounce nothing just pump and dump now

Posted by godhand > 2018-11-23 09:38 | Report Abuse

after bonus issue. (2)4.57 = (3)3.04.

Posted by godhand > 2018-11-23 09:39 | Report Abuse

as of now still worth 4.57

Posted by calvintaneng > 2018-11-23 09:41 | Report Abuse

Red flags in Dufu

1. Profits we're largely Receivables

2. Cash position did not improve much

3. Dufu looks and smells very fishy

4. Bonus Issue is the Final Bait to lure in victims

5. One Insider completely sold all his dufu shares 100% and run

Last time I warned against Megan Media when I saw Directors dumping and parachuting like no tomorrow. Only sorchai were left chasing Megan to their total loss later

Is HDD is sunset and insiders making a killing before dufu business fold up? Jcy has not been doing well in HDD and yet Dufu is goreng and goreng up in the last hurrah of a sinking Titanic


Caveat Emptor

Posted by apolloang > 2018-11-23 09:44 | Report Abuse

u forgot to mention dnounce? hehe

Posted by paktua73 > 2018-11-23 10:06 | Report Abuse

paktua manage grab 3k unit at 3.73 and 2k more at 3.74
now hold back 5k unit avrrge per share at 3.734

tut tut

Posted by calvintaneng > 2018-11-23 10:22 | Report Abuse

Dufu reminds me of the Japanese Fugu fish

Fugu has 1200 x more potent poison than cynide

Those who kena the poison were paralysed but still fully conscious

All who reckless gamble in Dufu now go in with eyes open

THE deceitful heart of greed will ensnare many

Posted by godhand > 2018-11-23 10:41 | Report Abuse

it really just mean jcy suck at their management. u dont see notion and dufu get affected? dufu has a specific niche in the market which is their highly precised spacer sought after by many hdd players.

yes hdd is facing competition and is in its sunset but. hdd is still the cheapest option till date. it is not irrelevant and it is growing for sure. Proof look at dufu revenue. data is getting bigger and bigger in an exponential rate. u have to use hdd for big data. 120gb ssd price = 1tb hdd price.

Posted by godhand > 2018-11-23 10:50 | Report Abuse

66895 - 2018
58691
52761
50317 - 2017
43534
40970
46391
47718 - 2016
43500
38065
41027
53753 - 2015
47979
39752
34958
43116 - 2014
34792
31172
26943
25782 - 2013
25033
25411
27969
22602 - 2012
28856
34114
28512

u teach me. from where hdd number is decreasing? over the 7 years span revenue increasing and increasing unaffected by sdd. we all know that 70% revenue come from hdd. hdd price in the market is decreasing/gigabyte. it only means dufu get more and more business in gigabyte and terabytes of hdd.

Posted by calvintaneng > 2018-11-23 11:24 | Report Abuse

All these figures and more were found in Megan Media

If so good why Directors sold off 100%

See

No wonder

Those who got conned in Megan Media will be conned again in Dufu

See

Insiders dumping

MR SUNG, CHENG-HSI 13-Nov-2018 Disposed 264,500 3.571 View Detail
MR SUNG, CHENG-HSI 23-Aug-2018 Disposed 25,500 2.050 View Detail
MR SUNG, CHENG-HSI 21-Aug-2018 Disposed 319,500 2.050 View Detail

Posted by apolloang > 2018-11-23 11:26 | Report Abuse

megan lost hundred of millions,dufu making profit

Posted by calvintaneng > 2018-11-23 11:31 | Report Abuse

Megan where got lost money?

Megan statistics were

1) Price 70 sen & NTA over Rm2.00

2) P/E only 3

3) Also pays a small dividend

SO MANY IN OSK TMN SUTERA, JOHOR KENA CONNED KAW KAW

EVEN OSK ACCOUNTANT/REMISIER WERE DECEIVED BELIEVING THE REVENUE AND PROFITS (WHICH WERE RECEIVABLES)

ONLY MY JOHOR SIFU WARNED THAT RECEIVABLE IS "NOT CASH"

I SAW ONE DIRECTOR SELLING

THEN ANOTHER DIRECTOR ALSO SOLD OUT COMPLETELY

IN THE END

"CLOSE SHOP"

INSIDERS GONE TO JAIL

Posted by calvintaneng > 2018-11-23 11:33 | Report Abuse

It is one thing to read figures

BUT INSIDERS ACTION SPEAK LOUD AND CLEAR!!!

AND THIS ONE SOLD EVERY DUFU SHARE UNTIL ZERO!

See

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5974617

Posted by DL60 > 2018-11-23 11:36 | Report Abuse

clavin, appreciate your "concern" . Do you realise that Mr. Sung is an independent director holding minimal shares in the company?

Posted by calvintaneng > 2018-11-23 11:36 | Report Abuse

And right after Pilot parachuted and one is also selling

See

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5980585


When the 2 pilots of megan media plane parachuted what will happen to the sorchai shareholders?

Posted by calvintaneng > 2018-11-23 11:48 | Report Abuse

I ALSO WARNED IFCA AT RM1.20 WHEN CHAIRMAN RESIGNED

CHAIRMAN SAW SOMETHING FISHY IN IFCA PRICE RISE

PUNTERS AND CONMAN PLAYED IT DOWN AND CHASED IFCA FROM RM1.20 TO RM1.87

AND EVEN BUYING MORE AND MORE FROM RM1.50 TO RM1.80

IN THE END IFCA CRASHED

THREE TIMES LIMIT DOWN

AND LIMIT DOWN

AND LIMIT DOWN AGAIN

TO ONLY 25 SEN

99% OF THOSE DIEHARD SORCHAI IN IFCA PERISHED & FINISHED. NOW NO LONGER IN I3 FORUM. Many are pokai on the streets

Posted by calvintaneng > 2018-11-23 11:49 | Report Abuse

i also warned about seacera

LATER SEACERA ALSO WENT LIMIT DOWN

Posted by apolloang > 2018-11-23 11:51 | Report Abuse

seacera is useless pro unmo stock lah

Posted by Chang Yee Fong > 2018-11-23 12:03 | Report Abuse

I would like to discuss your points and go through them one by one.


1. Profits we're largely Receivables
This would be relevant argument if throughout DUFU last 10 years of operations their Receivable is lower than Payables. However if you look at their Balance sheet in Receivable and Payable section for the past ten years you will note that Receivables have always been higher than Payables for the last 10 years.

DUFU
BALANCE SHEET @ 2017 @ 2016 @ 2015 @ 2014 @ 2013 @ 2012 @ 2011 @ 2010 @ 2009 @ 2008
Creditors / Payables 25,665 28,129 24,694 26,318 17,202 19,408 15,021 15,749 19,564 19,920
Debtors / Receivables 51,234 54,508 52,752 49,575 31,966 30,191 28,617 39,485 39,428 26,364

From what I can gather this is an industry standard.

Look at Vitrox Balance sheet. 10 out of the last 10 years Receivables have been higher than Payables.

Vitrox
BALANCE SHEET @ 2017 @ 2016 @ 2015 @ 2014 @ 2013 @ 2012 @ 2011 @ 2010 @ 2009 @ 2008
Creditors / Payables 86,647 71,316 30,481 40,460 18,276 17,111 12,173 11,971 2,965 2,267
Debtors / Receivables 129,809 106,896 95,344 78,203 53,353 40,371 22,876 18,467 6,246 5,659

JCY also. 6 out of it's last 8 years Receivables have been higher than Payables.

JCY
BALANCE SHEET @ 2017 @ 2016 @ 2015 @ 2014 @ 2013 @ 2012 @ 2011 @ 2010 @ 2009
Creditors / Payables 217,115 231,967 323,326 283,989 255,428 351,911 257,740 243,408 465,300
Debtors / Receivables 328,690 328,751 381,480 309,239 238,801 425,342 337,009 354,310 345,300

So what you see as a warning sign is just industry standard.

2. Cash position did not improve much
DUFU just bought two new properties for expansion of their manufacturing lines in the last 3 months, that would impact their cash position.

3. Dufu looks and smells very fishy
I suspect I know why you think it smells fishy. It's a beginners stock investors mistake. Especially since you showed that you don't go in depth into a companies or industry history when you talked about Receivables like it was an anomaly.

4. Bonus Issue is the Final Bait to lure in victims
Though the Bonus Issue has been the most unexpected thing for me, however I do not consider it to be signs of price manipulation. DIGI also did something like that when it started its price run up, their Stock split reducing the price from RM8 to RM4.

5. One Insider completely sold all his dufu shares 100% and run
This insider has been buying and selling since 2015. As you can see from the lines below.

MR SUNG, CHENG-HSI 13-Nov-2018 Disposed 264,500 3.571
MR SUNG, CHENG-HSI 23-Aug-2018 Disposed 25,500 2.050
MR SUNG, CHENG-HSI 21-Aug-2018 Disposed 319,500 2.050
MR SUNG, CHENG-HSI 28-Nov-2017 Acquired 609,500 1.350
MR SUNG, CHENG-HSI 21-Mar-2017 Disposed 400,900 1.210
MR SUNG, CHENG-HSI 21-Mar-2017 Disposed 300,000 1.200
MR SUNG, CHENG-HSI 12-Jul-2016 Disposed 151,000 0.660
MR SUNG, CHENG-HSI 11-Jul-2016 Disposed 500,000 0.658
MR SUNG, CHENG-HSI 11-Jul-2016 Disposed 200,000 0.655
MR SUNG, CHENG-HSI 08-Jul-2016 Disposed 200,000 0.630
MR SUNG, CHENG-HSI 09-Oct-2015 Others 1,751,900 0.000

Meaning it has no relationship to current price upswing.

What is more relevant to insider trading is if the insider who has been acquiring for a very long time. Mr. Lee has disposed of any. And we have not see any sales from him in the run up for this share since his last purchase of the stock in July 2018.

MR LEE, HUI-TA ALSO KNOWN AS LI HUI TA 05-Jul-2018 Acquired 98,000 1.018
MR LEE, HUI-TA ALSO KNOWN AS LI HUI TA 04-Jul-2018 Acquired 44,000 1.020
MR LEE, HUI-TA ALSO KNOWN AS LI HUI TA 27-Apr-2018 Others 1,398,000 -
MR LEE, HUI-TA ALSO KNOWN AS LI HUI TA 05-Mar-2018 Acquired 671,000 1.160
MR LEE, HUI-TA ALSO KNOWN AS LI HUI TA 02-Mar-2018 Acquired 222,000 1.158
MR LEE, HUI-TA @ LI HUI TA 10-Oct-2016 Acquired 90,000 0.569
MR LEE, HUI-TA @ LI HUI TA 07-Oct-2016 Acquired 415,000 0.584
MR LEE; HUI-TA @ LI HUI TA 24-Jun-2016 Acquired 645,400 0.588
MR LEE; HUI-TA @ LI HUI TA 26-Apr-2016 Acquired 50,000 0.475
MR LEE; HUI-TA @ LI HUI TA 04-Apr-2016 Acquired 64,000 0.475
MR LEE; HUI-TA @ LI HUI TA 28-Mar-2016 Acquired 36,000 0.475
MR LEE; HUI-TA @ LI HUI TA 16-Mar-2016 Acquired 53,000 0.475
MR LEE; HUI-TA @ LI HUI TA 15-Mar-2016 Acquired 50,000 0.475
MR LEE; HUI-TA @ LI HUI TA 20-Nov-2015 Acquired 1,000,000 0.397
LEE; HUI-TA @ LI HUI TA 29-Sep-2015 Acquired 9,321,400 0.270
LEE; HUI-TA @ LI HUI TA 24-Apr-2015 Acquired 1,030,000 0.428
LEE; HUI-TA @ LI HUI TA 23-Apr-2015 Acquired 1,310,000 0.424
LEE, HUI-TA ALSO KNOWN AS LI HUI TA 15-Apr-2015 Acquired 1,638,248 0.370
LEE, HUI-TA ALSO KNOWN AS LI HUI TA 08-Apr-2015 Acquired 1,665,000 0.408
LEE, HUI-TA ALSO KNOWN AS LI HUI TA 07-Apr-2015 Acquired 605,000 0.375
LEE, HUI-TA ALSO KNOWN AS LI HUI TA 03-Apr-2015 Acquired 275,000 0.365
LEE, HUI-TA ALSO KNOWN AS LI HUI TA 05-Sep-2013 Others 16,924,500 0.000
LEE, HUI-TA ALSO KNOWN AS LI HUI TA 19-Jul-2013 Acquired 6,118,188 0.200

Posted by Chang Yee Fong > 2018-11-23 12:04 | Report Abuse

Your final point.

Is HDD is sunset and insiders making a killing before dufu business fold up? Jcy has not been doing well in HDD and yet Dufu is goreng and goreng up in the last hurrah of a sinking Titanic.

I would recommend you read my past posts on what is the difference between DUFU's HDD components compared to their competitors like JCY. HDD in regards to consumer sales to like PC is on the downturn but HDD sales to the backend Enterprise markets is on the upswing and that is why DUFU's sales is up.

Posted by apolloang > 2018-11-23 12:08 | Report Abuse

dufu possible can down but cannot be like megan lah

Posted by apolloang > 2018-11-23 12:08 | Report Abuse

jcy more possible like megan cos post heavy losses....hehe

Posted by calvintaneng > 2018-11-23 12:09 | Report Abuse

Chang Yee Fong

I think the most opportune time to sell off all your 1 million dufu shares is now.

Sell and don't look back

Posted by calvintaneng > 2018-11-23 12:10 | Report Abuse

Insiders can sell openly.

Insiders of a Taiwan furniture company last time sold stealthily by proxy

As Bonus issue is the final Bait before the slaughter now is the time to sell all and get out

Posted by plroo7 > 2018-11-23 12:15 | Report Abuse

Calvintaneng - this time u right... price going down....show time is over....

Posted by godhand > 2018-11-23 12:15 | Report Abuse

Posted by apolloang > Nov 23, 2018 12:08 PM | Report Abuse

dufu possible can down but cannot be like megan lah.

As data gets bigger, so will dufu revenue unless sdd can compete with hdd in pricing/terabyte which is not possible yet. Till date hdd is 6-7 times cheaper.

Pricing is one factor. Another factor, SSD capacity can never be as big as HDD capacity per unit. HDD still has its niche in bulk data.

Posted by godhand > 2018-11-23 12:17 | Report Abuse

dufu climbed from 1 to 4 this year. This tiny drop is nothing.

Posted by Chang Yee Fong > 2018-11-23 12:17 | Report Abuse

Calvintaneng

As I said to shpg22 I know why bought DUFU. I only shared my research because I was in a generous mood. I'm in no hurry to sell it because the business condition that brought up increased sales is still the same.

Peter Lynch in his second book "Beating the Street" has this to say about the situation we are in right now. It is from Chapter 5 Magellen the middle years.

'Analysts love to brag about how they "initiated coverage" on a company when the stock was selling for 25 cents, and ten years later it is selling for $25. What's more important is whether they reinforced their opinion when the stock hit $5, then $10, then $15. An initial buy signal is quickly forgotten, and if that's all the analyst has provided, the audience has missed the chance to profit from the stock farther up the line.'

Posted by apolloang > 2018-11-23 12:18 | Report Abuse

dufu khoo lay tatt sold more than 1 mil shares at 1.00 only and bought saudee over 6 mil shares.sold good stock and punt on lousy stock like saudee? hahaha

Posted by calvintaneng > 2018-11-23 12:20 | Report Abuse

Apollo don't know about Megan history

While results were fantastic and they even purported to invest in a Blue Ray Disc factory for expansion

With all the hypes Megan was chased up I think over rm2.00

At about 70 sen
Directors were selling and selling.

Posted by calvintaneng > 2018-11-23 12:23 | Report Abuse

Only After Directors had sold all that Megan suddenly posted losses

Megan went limit down to just above 30 seen

There were 2 holders of Megan

One old man sold and cutloss

One young Mr Taylor bought even more

Then Megan was delisted

All the Receivables were fake just like Transmile

It's Blue Ray Disc factory was no where to be found
Address was fictitious

Posted by apolloang > 2018-11-23 12:24 | Report Abuse

dunno megan? megan last time make profit then lost a few hundred million before PN 17. i played before this stock and make a few k only.i sold at RM 2++. so now dufu no make big losses cannot be like megan,jcy more possible candidate

Posted by godhand > 2018-11-23 12:25 | Report Abuse

jcy already lose till pants hilang edi. at 500m market cap still expensive cause cant make money. if there is a candidate to delist. its jcy not dufu

Posted by calvintaneng > 2018-11-23 12:28 | Report Abuse

Chang Yee Fong

Good you can quote sifu Peter Lynch

In Malaysian context I think any shares that suddenly spike up a lot is suspect.

Great Sifu Wisdom of all times is

Never chase a share after it has gone parabolic suddenly for whatever reason

Posted by calvintaneng > 2018-11-23 12:30 | Report Abuse

See I told people to buy Opcom at 35 send

After GE14 Dr M won and Muhkriz Opcom went double limit up to rm1.19

I cautioned all my friends not to chase it

And see now Opcom has retraced back

Posted by apolloang > 2018-11-23 12:31 | Report Abuse

i already make a lot from opcom,but thankfully i no buy jcy....hahaha

Posted by godhand > 2018-11-23 12:32 | Report Abuse

then ur looking at graph edi. ur not looking at the business . u duno the value and u dun even know the right time to sell or hold.

Posted by calvintaneng > 2018-11-23 12:33 | Report Abuse

I?

I can smell a dead rat miles away

Posted by calvintaneng > 2018-11-23 12:33 | Report Abuse

Don't argue but sell now and runnn!

Posted by calvintaneng > 2018-11-23 12:34 | Report Abuse

If only nancytang had not bought 300 lots of ifca at rm1.50

Posted by apolloang > 2018-11-23 12:34 | Report Abuse

no argue just cannot be like megan

Posted by Chang Yee Fong > 2018-11-23 12:34 | Report Abuse

Calvintaneng either your right or your not. In my opinion DUFU is not the stock your purport it to be so well see.

Posted by calvintaneng > 2018-11-23 12:35 | Report Abuse

Ifca's bait was gst

Posted by calvintaneng > 2018-11-23 12:35 | Report Abuse

Transmile's bait was China logistic connection with Robert Kuok blessing

Posted by apolloang > 2018-11-23 12:36 | Report Abuse

ifca a loss company how to compare? ifca sama bangsa wif jcy......dufu sama bangsa wif MI

Posted by calvintaneng > 2018-11-23 12:36 | Report Abuse

Megan Media's bait was Blue Ray dics with cooked up story