ken NTA 1.80 now only 70cts ripe for privatization at 1.00 like cfm...hehe. lim pay kaon and tan kian aik both are top 30 shareholders of dutaland and ken
At least I do 80%, buy at 1.18 sell at 1.92 WITH EVIDENCE.
this stupid pang that buys at 3 sell at 4 get how much? And he is talking from fantasy land profit. No way to substantiate. Chicken shit Pang72 that talk 3 talk 4 about penny stock will come buy at RM3 counter? Mimpi siang got la. Pui.
Anyway, let say his mimpi siang come true la, pang buy RM3 and sell RM4? How much % he make? Can beat my 1.18 to 1.92 return? Bodoh. Simple math pon tak tau buat. Mmg bodoh.
I didn't call everyone stupid. I specifically points out Pang72 is stupid and delusional. Market must hv gapped his ass so bad man that he has to use teknik bomoh to cure his butt hurt. Anyway, this would be the last time I gonna attend to his pathetic attention trolling syndrome. Kebodohan Pang72 membesar melangkaui kadar pertumbuhan kebodohan manusia biasa. Amat membimbangkan.
P.S. Feel free to use my punchline against any stupid. =D P.P.S: RJ don't claim he is the smarter investor. But RJ can confidently claim he is smarter than Pang72. Sekian.
'Reading your profile on I3investor and reading your response on forums posts like DUFU how do you do your fundamental analysis because it seems very different from how Peter Lynch does his fundamental analysis'
alex answer: 1) well, i first came across Dufu through ROE scan, and dufu is in the list. 2) I opened position in Dufu. 3) Further research found Dufu's management credibility issue (on using shareholder's money to buy stuff under his own name, and was later convicted by Bursa) 4) sold Dufu after heeding Philip Fisher's warning on checking management quality. 5) sold RM1, and it's now RM4, so I'm a loser =(
Fundamental analysis 1) HDD business is only as good if SSD never catches up. One day it eventually will. Hence, HDD to many is a sunset industry. 2) Recent Big Data trend pushes for more use of existing and improved HDD technology to co-exist with SSD technology. 3) Dufu's major customer seems to be a solid one.
Thanks for writing down your fundamental analysis. I was the person who posted the question. Reading through your fundamental analysis answers, the thing that stands out for me is all of it is very surface level on the industry and not on the company itself. It goes back to my original point that your style of Fundamental Analysis is very different from Peter Lynch's style. This is not an attempt at insult, but rather to help improve your analytical abilities for the future, because I always believed that a fundamental analysis is about the company not about the industry the company is in.
Lets break down your analysis and lets see if we can help you learn to look deeper in the future.
Fundamental analysis 1) HDD business is only as good if SSD never catches up. One day it eventually will. Hence, HDD to many is a sunset industry.
-The flaw in this view is the definition of a sunset industry. What exactly is a sunset industry? The generally accepted thing in peoples mind is the industry will dissapear like the buggy whip makers when cars were invented. I recommend you do some research on that first. Here's a link to help you get started. http://www.nytimes.com/2010/01/10/business/10digi.html?hpw
The main takeaway is that companies and businesses adapt to the changing trends. Some businesses stop because they couldn't adapt. While others prospered for decades in the new environment.
So lets look into SSD vs HDD.
I'll give an example of how I do my research. First when I look at all the HDD and SSD makers annual reports I noticed that the HDD industry is broken down into two main sectors in their reports. Enterprise and PC's. While overall HDD sales was reducing for Western Digital and Seagate, the per total units sales of Enterprise HDD was rising for both of them and industry wide.
Doing a google search for Enterprise HDD and one word keeps popping up. Helium HDD drives. This is new technology that the industry that only just matured into general release in the market. At this point I did a keyword search for the word Helium on the annual reports for HDD parts manufacturers in Malaysia. Only one of them had the word Helium listed on their annual report and that was DUFU. Looking at DUFU's overall business numbers and compare them to the other HDD parts makers like JCY and you will see their sales growing while the others sales is reducing.
My thoughts were as follows. This is a company that has what seems a near monopoly on a new technology that is trending on an industry that a majority of analysts thinks is a Sunset Industry. It's P/E ratio at the time was lower than 10, it's cash position is relatively 30% of the companies overall share price, plus there is little debt. This was a very good opportunity for a 3-5 bagger as Lynch calls these things. Hence my own heavy investment on this company.
2) Recent Big Data trend pushes for more use of existing and improved HDD technology to co-exist with SSD technology.
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calvintaneng
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Posted by calvintaneng > 2018-11-27 15:10 | Report Abuse
Pang72 will also see dufu collapse like all others
Same pattern
After pumping
Then
Dumping
AND dumping
AND more dumping