Starting to Accumulate DUFU Stock??

DUFU recently reported a profit loss of RM 3.2M in its latest quarterly report. The main reason for this drop was due to forex loss, which I believe is a short-term issue and doesn’t reflect DUFU’s core business health.

Looking at some key financial data:

Operating Income: Increased by 26.05% quarter-over-quarter, breaking its downtrend.
Total Assets: Holding strong at over RM 400M (close to its peak of RM 447M).
Free Cash Flow: RM 17.39M, which is solid and near its highest level of RM 18.66M.
From these numbers, I don’t see any major concerns with DUFU’s fundamentals. If we believe DUFU can improve in the next quarter, accumulating the stock between RM 1.6 to RM 1.75 seems like a fair entry range.
$DUFU (7233.MY)$
Disclaimer:
This is for informational purposes only and not a recommendation to buy or sell. Always do your own research and consider your financial situation before investing.