Dukang's TDR surged in Taiwan with big volume

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13 years 2 weeks ago #5741 by yoketiong
Dukang's poor timed listing in Taiwan today saw huge volume brokeout at TWD$14.60...
At 13.15pm, last done at TWD$14.75 (apprx S$0.63) with no more seller at the bid side...
In Singapore, Dukang last done at $0.565 with little volume of 76 lots....

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13 years 2 weeks ago #5742 by yeng
Replied by yeng on topic Re:Dukang's TDR
My eyes popped out when looking at the chart --- Dukang has crashed from 90-cent level at the start of this year to 56 cent now. Wahliao, what happened to the bugger? The PE is still sky high at 75X. Why this stock can still go TDR?

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13 years 2 weeks ago #5749 by yoketiong
According to Polaris Securities, Dukang may deliver EPS of $0.045 per share in FY2011 (a surge of 582%). The FY is ending 30 June 2011. Going forward, it is projecting to make $0.06 per share. Therefore, it may be trading at 12x FY2011 earnings and 9.5x FY2012 earnings. In that case it is not very expensive considering the ROE is >20% next 2 years.

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12 years 2 months ago #8284 by Joes
Replied by Joes on topic Re:Dukang
Solid 2Q result. Any interest (stock at 42.5 cents)?

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12 years 2 months ago - 12 years 2 months ago #8475 by Dongdaemun
Replied by Dongdaemun on topic Re:Dukang's big volume
No.1 in volume on SGX this morning so far.... 40.5 cents. Sudden explosion in trading volume is so hard to understand. Sure kena SGX query soon.

DUKANG: 2Q2012 net profit up a whopping 55% at Rmb 94.4m
Last edit: 12 years 2 months ago by Dongdaemun.

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11 years 11 months ago #9384 by pine
Replied by pine on topic Re:Dukang's
Dukang is seeing a lot more interest from buyers because ......
My broker said fund managers who visited the Dukang over the past 1 or 2 days were impressed.

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