Highlights
KLSE: DAYANG (5141)       DAYANG ENTERPRISE HOLDINGS BHD MAIN : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
0.71   -0.005 (0.70%)  0.70 - 0.72  763,100
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Overview

Market Cap: 685 Million
NOSH: 965 Million
Avg Volume (4 weeks):1,357,643
4 Weeks Range:0.68 - 0.835
4 Weeks Price Volatility (%):
19.35%
52 Weeks Range:0.535 - 1.08
52 Weeks Price Volatility (%):
32.11%
Average Price Target: 0.85
Price Target Upside/Downside: +0.14
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2018 [#2]  |  24-Aug-2018
Next QR | Est. Ann. Date: 30-Sep-2018  |  21-Nov-2018
T4Q P/E | EY: -19.25  |  -5.19%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.01  |  0.70
T4Q NP Margin | ROE: -8.40%  |  -3.65%

Headlines

Date Subject
02-Sep-2018 达洋企业 新合约料值1亿
30-Aug-2018 Dayang Enterprise Holdings Berhad - Fourth PM MCM Contract
30-Aug-2018 Mplus Market Pulse - 30 Aug 2018
30-Aug-2018 Dayang Enterprise Holdings - Fourth Contract Win for the Year
30-Aug-2018 Dayang Enterprise Holdings - Fourth PM-MCM Contracts
27-Aug-2018 Dayang Enterprise Holdings - Unexpected Strong 2Q18 Results
27-Aug-2018 Dayang Enterprise Holdings Bhd - Earnings Inflection as Anticipated
27-Aug-2018 Dayang Enterprise Holdings - Positive Surprise
27-Aug-2018 Mplus Market Pulse - 27 Aug 2018
27-Aug-2018 Dayang Enterprise Bhd - 1H18 Results Within Expectations
27-Aug-2018 M+ Online Technical Focus - 27 Aug 2018
27-Aug-2018 Daily Market Update - 27 Aug 2018 (DAYANG, SERNKOU)
26-Aug-2018 [转贴] [DAYANG ENTERPRISE HOLDINGS BHD,工作订单在Pan HUC下的工作量增加,船舶利用率出现了70%的强劲改善,最糟糕的情况已经结束,运营环境大大改善] - James的股票投资James Share Investing
21-Aug-2018 Dayang Enterprise - New contracts secured
21-Aug-2018 Dayang Enterprise Holdings Berhad - Gaining Momentum
21-Aug-2018 Dayang Enterprise Holdings - Two Pan-Malaysia MCM Contracts
21-Aug-2018 Dayang Enterprise Holdings - Another Two PM-MCM Contracts
31-Jul-2018 达洋企业 新合约或逾3亿
30-Jul-2018 Dayang Enterprise Holdings - First 5+1 Year PM-MCM Contract Is in
30-Jul-2018 Dayang Enterprise Holdings Berhad - Secures Pan Malaysia Contract

Business Background

Dayang Enterprise Holdings Bhd is an investment holding company. The company provides offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas companies. It also offers chartering of marine vessels, and equipment hire operation. Its operating segments include Topside maintenance services, Marine charter and catering income, Equipment hire and Investment holding. Dayang generates most of its revenues from Topside maintenance services.
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  10 people like this.
 
OrlandoOIL Earnings upcycle to start in 2QFY18. From the offshore activity levels that are currently taking place, we believe that the earnings upcycle for Dayang could start as early as 2QFY18.


Latest results say this is right on. Earnings upcycle start in 2QFY18.

Reiterate BUY with unchanged target price of RM1.06 per share

target price of RM1.06 per share


NVESTMENT HIGHLIGHTS

Dayang Enterprise clinched PM-MCM from Murphy Sarawak and Murphy Sabah
Campaign period for 2018-2023 with one year extension option
Contract is on call-out basis estimated to be between RM1-2b
Reiterate BUY with unchanged target price of RM1.06 per share
PAN-MCM. Dayang Enterprise announced that it has secured a Pan Malaysia Maintenance Construction and Modification (PM-MCM) contract from Murphy Sarawak Oil Co Ltd and Murphy Sabah Oil Co Ltd for the campaign period of 2018-2023. The contract period is effective from 17 July 2018 and shall expire on 16 July 2023 with an option to extend for a period of one year.

Current jobs at hand. Activity levels for the Maintenance, Construction and Modifications Contract (MCM) and Topside Maintenance Services works under the Pan Hook-up and Commissioning Contract (Pan HUC) has improved in 1QFY18 despite the typical cyclical monsoon months and will continue to improve into 3QFY18. The company's current orderbook, inclusive of this new win stands at approximately RM2.5-3b lasting through to 2023.

Tenderbook. The company has participated in approximately RM8b worth of projects, in particular the Pan MCM tenders. The company remains fairly confident of winning a portion given its track record and successful campaigns in similar projects.

Dayang’s forte. Dayang is no stranger to maintenance, construction and modification (MCM) works as it was the incumbent for the previous HUC contracts from 2013, and more recently the winner of the MCM from Petronas Carigali. Currently, Dayang on its own has: (i) 6 work vessels and; (ii) 2 supply boats with an average age of approximately 6.5 years old. All of which are fit for purpose, within the stringent specifications required by Petronas and its production sharing contractors.

Earnings upcycle to start in 2QFY18. From the offshore activity levels that are currently taking place, we believe that the earnings upcycle for Dayang could start as early as 2QFY18.

Source: MIDF Research - 30 Jul 2018
09/08/2018 09:12
25/08/2018 17:41
OrlandoOIL 37% upside
25/08/2018 17:41
SuperPanda Im looking for 100% return for the next 3 quarters : ). That could happen if more tender win news coming.
25/08/2018 22:17
5354 RM 1 can come?
26/08/2018 06:32
jalanjalan TP 0.98
26/08/2018 11:39
James Ng https://klse.i3investor.com/blogs/general/171161.jsp
[转贴] [DAYANG ENTERPRISE HOLDINGS BHD,工作订单在Pan HUC下的工作量增加,船舶利用率出现了70%的强劲改善,最糟糕的情况已经结束,运营环境大大改善] - James的股票投资James Share Investing
26/08/2018 11:51
snwong13 .
Well done, Dayang/Perdana!!
27/08/2018 17:13
Jeffrey Ng what happen to dayang now?? y keep dropping??
29/08/2018 10:58
OrlandoOIL Watch Perdana debts restructuring outcome closely

Could b heaven

Could b hell
29/08/2018 12:04
reach_rich so many goods news also cannot up...
30/08/2018 09:14
reach_rich sell sell sell
30/08/2018 09:16
txfs Dayang is a very strong contender on the Sabah, Sarawak MCM scene. If you look at its historical return, it is earning double digit return on equity and steady growth over the year. The good operational track record could mean that the company might get a few more contract at current oil and gas recovery cycle. Do note that Dayang had tender for 10 package of the MCM contract, which 4 already secured in recent months.
30/08/2018 21:27
turbochart yes...i like dayang!!! yohyoh!!!
31/08/2018 12:49
SuperPanda when it retrace time to top up
03/09/2018 15:36
jibbie good quarter results. dayang got hope
03/09/2018 17:02
Vnew If got hope why keep dropping?
03/09/2018 18:01
SuperPanda top up 0.705
04/09/2018 12:08
SuperPanda next buy at 0.690 which i think hardly to touch
04/09/2018 12:09
SuperPanda end year TP >90c
04/09/2018 12:09
samuel superpanda, i top up at 715
04/09/2018 16:50
SuperPanda yes good buying price, lets see if it will rebound and move further up. the only prob is, vol not big. only small player buy and sell.
04/09/2018 18:12
samuel superpanda, is there anyway i can be your fan with close contact like email?
06/09/2018 10:44
SuperPanda @samuel, not at this moment. will let you know later.
06/09/2018 12:20
SuperPanda no idea why people keep selling this counter from 83c to current price.. lets wait macd to cross below 0, next support at 0.685 before re-act
06/09/2018 12:23
samuel I top up very small amount at 705
06/09/2018 15:20
samuel wow some one just collect 1174 @69 wow
06/09/2018 16:00
SuperPanda dont worry, once market good, this will be jumping soon. i have sorted all o&g stock, only few has turn black, dayang one of them with better position to sustain income and pay its debt, so very in good shape for the next 3 quarters
06/09/2018 16:12
SuperPanda my ave 73c, if it drop to 68c then only i top up again, but few cent different not big deal if look for the next 3 quarter growth potential
06/09/2018 16:15
samuel wow huge collection at 695
06/09/2018 16:33
SuperPanda 695 sapu just like that
06/09/2018 16:39
SuperPanda 400-500k shares one go
06/09/2018 16:40
SuperPanda another dumping.. lets it go down and see how low it want to go
06/09/2018 16:51
samuel means that "GUY" is very confident?
06/09/2018 16:51
SuperPanda any person can be confident but still cannot beat the bigger guy. you cannot go againts the wave.

today 2/3 counter all red. all worry trump next 200b trade war
06/09/2018 18:12
SuperPanda bought again 0.695, ave 72c hold 150k shares
07/09/2018 15:00
SuperPanda 500k queue below 69c but seller too small. Not sure if still have seller wanna throw below 69c
07/09/2018 15:05
michaelwong Market around the globe dealings with equities is in a volatile position and don't expect it to surge 30% to meet ur demands .......no way.......bro !
08/09/2018 21:28
SuperPanda now its the time to buy and keep till next year, like buying hibiscs at 40c+ last year and now earn >100%
10/09/2018 21:12
tan84 My average is 84 sen, bought long long time ago and kept until now, hope for the best.
11/09/2018 14:55
samuel @superpanda, it hits your next support 685. What is the next support line below 685?
12/09/2018 10:19
samuel dam out of bullet....seeing mega sales yet not purchase power...
12/09/2018 10:26
jordanmaggie61 Never regret for buying this stock, profit is real
12/09/2018 10:35
SuperPanda 685 broken but this was due to bursa and regional market sentiment. at noon 800 counter red, so not a technical issue
12/09/2018 12:51
SuperPanda after 685 next support 655
12/09/2018 12:51
Ting Kungsing yes. due to bursa and regional market sentiment. drop more, rebound more due to big support can come in at lower level. it will shoot 0.85 to 0.9 above again
12/09/2018 16:01
SuperPanda patiently wait towards 80c back, if next mth have new contract win, then fund will start to collect.
15/09/2018 21:25
Yael Jasper Nice ! Start taking profit, thanks.
18/09/2018 11:38
samuel Every minute dump a few at 0.71 someone does not want the price to go up?
20/09/2018 16:41
SuperPanda patient, if next mth dont go up, by next qtr rpt in nov will do
21/09/2018 16:33
SuperPanda easily >80c, i have 200k shares at 71c
21/09/2018 16:34


 

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