DUFU trade ideas
Dufu - Still CheapMarket Cap - 300 Millions USD, its nothing. This company can still go and long way to go. This is part of the overall capital flow into Technology/Semiconductor.
P/S: Don't reach out to me.
DUFU: EXPECTING TO BREAK RESISTANT IN NEAR TERMDUFU is really nice uptrend stock. It just retraced on fibo 0.236 nicely before it continue the uptrend cycle. I'm expecting it to go higher and break the resistant price @ 5.295 in near term.
Dufu - Entry Prior to Cup and Handle BreakoutA very bullish momentum seen in yesterday price action.
DUFU - Potential ATH soonDUFU Technology Corp. Berhad engage in the manufacturing of industrial products and trading of computer disk-drive related components. It offers products which are categorized as precision turning products, precision machining products, metal stamping products, sheet metal fabrication , tool and die fabrication, and plastic components.
Based on its business model, DUFU aim to emerge as one of the worlds larget precision metal components for disk spacers supply to the Hard Disk Drive (HDD) industry. They export their products to mainly within Asia Pacific, Europe, Oceania and North America region.
Fundamentally, DUFU is a solid company as follows:
Market Cap: 1bil
Current price: RM4
EPS: 20.70cent (OK)
EPS @ 8.1 ~
PE Ratio: 18.99
ROE: 22.75 (GOOD)
NTA: 0.910 (OK considering its a tech company)
Financially, the company is driven by strong growth mindset with positive net profit year on year.
In term of the institutional investor, Eastspring Investment Berhad is one of the investor.
With public float of 133.24mil, this company is considered 'light' which tendency for price change is higher.
Post COVID-19 prospects
It is quite obvious that almost all companies are impacted by COVID-19. Same goes to DUFU. One of its plant in China was affected by the compulsory shutdown by the government of china in January 2020. It has since recovered. Thereafter, its plants in Malaysia were shut down on 18 March 2020 due to MCO implementation. Subsequently, later through MITI approved that the plant to be continued at 50% of their manpower capacity to meet their existing and new orders.
"The outlook for 2020 looks promising with our main HDD business segment forecasting staggering levels of data growth in the coming years"
The catalyst
1) COVID-19 has further traject the demand of HDD based on the increase in server demand as businesses move to online
2) 5G implementation- Growth catalyst in various industries attributed by technological transformation as more companies are preparing themselves for 5G technology rollout, big data, powerful analytics, AI and other key innovation to drive growth.
Looking Ahead
Significant rise on the shipment of DUFU's products in the second half of 2019 driven by increasing demand related to components installed in recently launched 14TB to 16TB hard drives mainly cater for enterprise-class nearline segment.
PT 727/4/2020
Number of Share : 263.21m
P/E Ratio : 19.93
ROE (%) : 20.13
Sector : Industrial Products & Services
Sub-Sector : Industrial Materials, Components & Equipment
DUFU - Risk of Breaking Below MA200 LoomDUFU
Rst: 3.13
Spp: MA200
Latest 4 candles tells us the stock is forming lower high wave, so the risk of breaking below MA200 again is there.
DUFU Morning Star??
EP => 2.82
S = 2.68
CL = 2.66
TP = 3.17
Buy on reversal signal.
1. Uptrend
2. Above EMA50
DUFU Waiting For Confirmation1. Stock Uptrend
2. Above EMA 50.
3. ATH Stock
4. Good FA
Wait for bullish engulfing candle stick...Let see tomorrow can sustain above 3.08 or not to complete engulfing candle stick
DUFU STILL BULLISH?(NEW HIGH AGAIN)1. VOLUME IS INCREASING
2. EXPECTING FOR NEW HIGH SOON AS STRONG UPTREND CONTINUE
3.MACD ALSO SHOWING BULLISH
DUFU : All time highAssalamualaikum dan salam sejahtera
1. DUFU telah membuat breakout chart pattern (saucer). Target berdasarkan chart pattern adalah 3.80.
2. DUFU juga sedang berada dalam keadaan harga 'All time high' iaitu harga tertinggi dalam sejarah yang pernah dilalui.
3. Bagi pedagang yang belum memasuki pasaran, boleh tunggu teknik 'buy on dip' atau pun tunggu sehingga DUFU mencari support yang baru dan membuat reversal. Teknik tersebut lebih selamat untuk mengurangkan risiko anda.
Selamat berdagang
Dr. Mohamad Najib Mat Pa
MSTA (UK), CFTe (US)
Disclaimer : Ini hanya untuk tujuan kajian sahaja bagi tujuan pembelajaran. Bukan tujuan 'buy call'. Risiko adalah tanggungjawab sendiri.
DUFU WEEKLY LONGDUFU longterm uptrend target
I don't care what FUNDAMENTAL tell story
PRICE will tell me about the truth
Mid Term Trade - DUFU1) Market Outlook - Global Market (green), KLCI (green) ~ Friday (12/4) closing
2) Sector Index - Tech (red) - Friday (12/4) closing
3) Technical Analysis - Selling pressure reducing w/ volume , I am aiming for a bounce off resistance trend line and resistance at 1.75
4) Fundamental Analysis - Strong fundamentals w/ 2 consecutive profiting quarters and bullish sector (Tech), mid term trade is feasible with next quarterly report in end of May 2019
Entry - 1.75 (risk to reward : 4.86)
Exit - 2.4 (+37.14%)
Stop Loss - 1.65 w/ high volume (-5.71%)
Who have the best setup? CCK, Destini & DufuStrength / Weakness in the chart:
1. CCK
a. Re-accumulation level after Line Change with high volume
b. Spring bar at support
2. Destini
a. Price broke above selling zone with high volume
b. Failed Up-Thrust with volume getting lower
3. Dufu
a. Still in re-distribution
b. No sign of strength after sell-off with high volume
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Who have the best setup? Keyasic, Hibiscus & Dufu3 Stock Review based on Volume Spread Analysis.
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
DUFU: Earnings SoaredFor QE30/9/2018, Dufu's net profit rose 64% q-o-q or 201% y-o-y to RM19 million while revenue rose 14% q-o-q or 54% y-o-y to RM67 million. Revenue rose strongly q-o-q due to the continued strong demand in the HDD segment, economies of scale and together with the favorable USD exchange rates against MYR also attributed to the increase in profit before tax.
Financial Position
Dufu's financial position as at 30/9/2018 is deemed healthy. Its current ratio and gearing ratio stood at 3.3 times and 0.3 times respectively.
Valuation
Dufu (closed at RM3.01 last Friday) is now trading at a trailing PER of 11.4x (based on last 4 quarters' EPS of 26.5 sen). At this PER, Dufu is deemed fairly attractive.
Conclusion
Based on good financial performance, healthy financial position and fairly attractive valuation, Dufu is a good stock for long-term investment.
Note:
I hereby confirm that I do not have any direct interest in the security or securities mentioned in this post. However, I could have an indirect interest in the security or securities mentioned as some of my clients may have an interest in the acquisition or disposal of the aforementioned security or securities. As investor, you should fully research any security before making an investment decision.
DUFU, parabolic movement. Beware Parabolic movement detected on this counter. Gained about 1.50 in a month (70-80%). Do not add any long position, price may not sustain. It might just trigger an sell off at anytime. News play would be on 27th Nov.
DISCLAIMER
This presentation solely meant for information purpose and does not constitute as investment advice. We may or We may not take the trade that we presented. All estimates, projections, forecasts, expressions of opinion and other subjective judgments contained in the presentation are based on assumptions that considered to be reasonable. We are not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
dufu directionprice need to stay above 2.65 to go higher. trend is still strong, tested the cloud and rebound up. next target 2.8
DUFU TECH CORP could still go lowerI would still prefer a lower price from 0.95 ~ 1.00 in order a shift of momentum to look for a LONG setup.
Currently the momentum is still on the down side.
Trade safe.
