Destini Berhad, formerly Satang Holdings Berhad, is an investment holding company. It operates in two segments: maintenance, repair and overhaul of aviation and safety equipment and construction works. Through its direct subsidiary, Satang Jaya Sdn. Bhd, the Company is engaged in distribution and supply of defense and commercial aviation and marine consultant to original equipment manufacturers (OEMs). In addition, through its indirect subsidiaries, the Company is engaged in supplying and distribution of environment products, maintenance, repairs and overhaul of aviation electronics and safety equipment and electro-mechanical related accessories, and providing training and seminar in respect of Environmental Management System and other related services. Its indirect subsidiaries include Satang Dagangan Sdn. Bhd, Satang Mechatronic Sdn. Bhd., Satang Sar Services Sdn. Bhd., Satang GSE Services Sdn. Bhd. and Satang Environmental Sdn. Bhd., among others.
johnny cashDestini (DSTN MK) Technical BUY with +18.3% potential return Last price : RM0.60 Target Price : RM0.67, RM0.71 Support : RM0.0.57 Stop-loss: RM0.56 BUY with a target price of RM0.71 with stop loss placed below RM0.56. Share price has accelerated its upward movement following a successful breakout above the “cloud” on 4 Apr 14 before meeting strong resistance at the RM0.61 level. Despite numerous attempts in the last 10 days, we expect the impending breakout could come sooner than expected, given the renewed buying interest of 15.8m shares yesterday. Given the surging momentum on the back of a positive MACD and supported by the 10-day SMA line, DSTN could breach the resistance level and this could spur further buying interest in the near term. Banking on a positive closing at over RM0.61, we peg our upside target at 1.61x Fibonacci extension level of RM0.71 over the medium term.
Pinnacle8860sen passed. Dont look back. Off deal transaction as announced recently. Dont worry.
MY 3rd target of 80 sen likely to achieve.
Note: invest at yr own risk.
For those purchase before the ex bonus at 40 sen.
Now their profit incl. Free warrant more than 110% less than 6 mths
I.e. 40 sen x 3= 1200 cost.
Now 64 sen mother n warrant 30 sen, 3 mother = 1920 + 600 (warrrant) = 2,520