congrats alan pan. Probably not just operator. could be exchanges between funds/institutions in July (reduce/exit) and Sep (new/add) by the sheer volume. there is also a difference in the behaviour of buyers and sellers back then in Jul and now at 64 cents range. it was a long-legged doji in July, lower vol and right now solid candle with higher volume. there is possibility that it will continue its rebound.

will be good to follow Osram Q4 earnings scheduled to release by second week of Nov versus D&O by end of Nov. Osram last qr earnings was weaker due to seasonality factor and it is anticipated that q4 is a stronger quarter. the same applies for D&O except that D&O last QR was not too bad compared to Osram. still winning market share based on it's revenue growth. as for the funds/institutions involvement, we can only confirm that in it's next annual report next year.

you are welcome, Jason Cheong. it's your own decision and plan that led to the gains. keep it up and have faith in your own plan. it will be good if d&o can rebound back to at least 30% margin of safety at 0.72 cents and finding a new support there. Just my opinion and could be wrong.

Tq Mr Cheng for ur precious sharing. Ur sharing is really bravo. With ur deep knowledge in investment line, u really can open class teaching ppl about investment . I think ppl at here are interested to join ur class tho.

you are welcome, yew fei. thanks to everyone for sharing their opinions on d&o throughout the last few months and all faithful shareholders are rewarded well this week. I am just a retail investor like everyone else and learning from everyone. I can recommend two good books for you to read (1) the intelligent investor by Benjamin Graham (2) trading for a living by Dr. Alexander Elder; the psychology part. these are two good books to start off with and hope it helps.

hi Terry Chang, best is to follow your own initial plan - the entry, exit, short term or long term. every individual has different investment objectives and diff levels of withstanding fluctuations (emo). the nature of d&o business is one that is sensitive to market noise such as trade wars, automotive tariffs, higher emission requirements, partial seasonality and despite the fact that automotive LED market is growing yoy. Just my opinion, could be wrong. hope it helps with your research.

Gas cars still will be around for quite some time. No doubts techs n natural energy will replace one day but it won’t be that soon. Either ways, D&o will be one of the benefactors with the transition. Can start parking here soon.