Highlights
KLSE: DESTINI (7212)       DESTINI BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.21   0.00 (0.00%)  0.21 - 0.21  60,000
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Annual Report

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Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
31-Dec-2018 30-Apr-2019 View Annual Result
31-Dec-2017 30-Apr-2018 View Annual Result
31-Dec-2016 28-Apr-2017 View Annual Result
31-Dec-2015 12-Apr-2016 29-Apr-2016 View Annual Result
31-Dec-2014 30-Apr-2015 25-May-2015 View Annual Result
31-Dec-2013 30-Apr-2014 06-Jun-2014 View Annual Result
31-Dec-2012 09-Apr-2013 23-Apr-2013 View Annual Result
31-Dec-2011 30-Apr-2012 06-Jun-2012 View Annual Result
30-Sep-2010 31-Jan-2011 10-Mar-2011 View Annual Result
30-Sep-2009 29-Jan-2010 09-Mar-2010 View Annual Result
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  10 people like this.
 
calvintaneng Short term market sentiment dictates price

LONGER TERM VALUE TAKES OVER

WITH 5 YEAR WORKOVER JOB OF HIGH PROFIT IT WILL APPEAR IN BALANCE SHEETS

PRICE WILL READJUST UPWARD ACCORDINGLY

See how Kbunai, Mj Perak & Carimin up already
08/11/2019 1:35 PM
Badkama You idiot, we hold for 5years to profit while you promote the stock, goreng and check out leaving us to bleed to death. Just shut up Calvin, we just had enough of you and your silly suggestion. Go take a hike, man
08/11/2019 9:24 PM
Ron90 one thing that holding back this company is the boss is UMN0 strong man...very much politically related company under previous gomen. other than that, this company is very good.

cannot get lucrative defense contracts
11/11/2019 8:19 AM
calvintaneng Already secured 5 year ogse workover umbrellas contract from petronas cari gali

Very high paying job which will translate to very high future profits

Anything below 25 sen just buy and hold
11/11/2019 12:04 PM
calvintaneng WORKOVER JOBS COMMAND HIGH PROFITS

Reason to perform a workover
Workovers rank among the most complex, difficult and expensive types of wellwork. They are only performed if the completion of a well is terminally unsuitable for the job at hand. The production tubing may have become damaged due to operational factors like corrosion to the point where well integrity is threatened. Downhole components such as tubing, retrievable downhole safety valves, or electrical submersible pumps may have malfunctioned, needing replacement.


Workover Rig doing a Snub Job
In other circumstances, the reason for a workover may not be that the completion itself is in a bad condition, but that changing reservoir conditions make the former completion unsuitable. For example, a high productivity well may have been completed with 5½" tubing to allow high flow rates (a narrower tubing would have unnecessarily choked the flow). Some years on, declining productivity means the reservoir can no longer support stable flow through this wide bore. This may lead to a workover to replace the 5½" tubing with 4½" tubing. The narrower bore makes for a more stable flow.

Operation
Before any workover, the well must first be killed. Since workovers are long planned in advance, there would be much time to plan the well kill and so the reverse circulation would be common. The intense nature of this operation often requires no less than the capabilities of a drilling rig.

The workover begins by killing the well then removing the wellhead and possibly the flow line, then installing a B.O.P commonly known as a blowout preventer, then lifting the tubing hanger from the casing head, thus beginning to pull the completion out of the well. The string will almost always be fixed in place by at least one production packer. If the packer is retrievable it can be released easily enough and pulled out with the completion string. If it is permanent, then it is common to cut the tubing just above it and pull out the upper portion of the string. If necessary, the packer and the tubing left in hole can be milled out, though more commonly, the new completion will make use of it by setting a new packer just above it and running new tubing down to the top of the old.

Workovers on casing
Although less exposed to wellbore fluids, casing strings too have been known to lose integrity. On occasion, it may be deemed economical to pull and replace it. Because casing strings are cemented in place, this is significantly more difficult and expensive than replacing the completion string. If in some instances the casing cannot be removed from the well, it may be necessary to sidetrack the offending area and recomplete, also an expensive process. For all but the most productive well, replacing casing would never be economical.


Read again

Workovers rank among the most complex, difficult and expensive types of wellwork

. If in some instances the casing cannot be removed from the well, it may be necessary to sidetrack the offending area and recomplete, also an expensive process


FOR THE NEXT 5 YEARS DESTINI IS GIVEN UMBRELLA PROJECTS OVER MORE THAN 350 PETRONAS OIL AND GAS WELLS WORKOVER SERVICES WHICH COMMAND HIGH PROFITS JUST LIKE PENERGY, VELESTO & DAYANG

HOLD TIGHT ALL DESTINI SHARES FOR MAXIMUM UPSIDE

Regards
Calvin
12/11/2019 10:43 AM
calvintaneng Why WORKOVER commands such high profits for Destini

Because it involves highly skilled expertise

See

https://www.youtube.com/watch?v=0IsAq_tf0mU
12/11/2019 10:52 AM
Kenzotaj https://klse.i3investor.com/m/blog/AmInvestResearch/234386.jsp
12/11/2019 6:23 PM
calvintaneng DESTINI TURNING INTO SUPER OGSE BULL STOCK AFTER SECURING 5 YEAR WORKOVER UMBRELLA JOBS OVER 350 PETRONAS OIL AND GAS WELLS
13/11/2019 9:22 AM
calvintaneng Target price for destini

30 sen
40 sen
50 sen short term

Long term can go above RM1. 00

Go go power ranger!!
13/11/2019 9:49 AM
calvintaneng YES!

PENERGY ONLY WON ONE OR TWO OGSE TOPSIDE JOBS AND POWERED UP FROM 34 SEN TO OVER RM1.60

SO DESTINI WINNING 5 YEAR WORKOVER JOB WILL AT LEAST GO TO 50 SEN

DESTINI GLOBAL STILL GOT

1) ECRL JOB PROSPECTS

2) AEROSPACE

3) MARINE

4) SO MANY OTHERS

5) AND IT IS AN EXPERIENCED BUMI CONTRACTOR

GOT LOTS OF GOVT JOBS


SO BUY AND HOLD TIGHT!!
13/11/2019 10:23 AM
Eric Pang 中美贸易谈判进展未明,加上香港局势恶化,冲击投资情绪,区域股市全面滑落,其中香港股市恒生指数重挫2.02%、上海股市综指跌0.33%以及东京日经指数跌0.85%。

市场静待本周五的大马第三季经济成长数据出炉,马币微跌至4.1500,昨日为4.1410。
14/11/2019 6:53 AM
Eric Pang 中美贸易谈判或陷僵局·​美股涨跌不一或陷僵局·​美股涨跌不一

(纽约15日讯)美中谈判或陷僵局,英国《金融时报》报道称中美可能难以敲定第一阶段贸易协议,中国正在想方设法延迟休战,降低了在未来几天达成最终协议的机会。纽约股市三大股指14日涨跌不一。
15/11/2019 10:56 AM
briankyz anyone heard that Tun Daim is going to invest in this Destini? i think is just the time matter for this share to surge
15/11/2019 11:36 AM
calvintaneng Briankyz

Calvin would like to hear more from you

Please whataspp 0146101668
Thks
17/11/2019 9:53 PM
Ron90 ayoo...calvin could hv missed some info la.. Destini now without government lucrative project , esp that related to defense contract coz this company belong to UMNO .. revenue has continuously drop significantly ... if BN win next ellection..this one will fly back to the moon !!
17/11/2019 11:24 PM
calvintaneng BN IS NOT PETRONAS

PETRONAS AWARDED 5 YEAR HIGH PROFIT WORKOVER JOB FOR DESTINI

See

https://www.youtube.com/watch?v=0IsAq_tf0mU
17/11/2019 11:28 PM
Saw PW but the letter of contract award did not state the value amount
18/11/2019 11:03 PM
Eddredd more than enough for 5 years
19/11/2019 5:35 PM
calvintaneng TOP UNDERVALUE SHARES TO BUY NOW FOR 2020 BULL RUN TIME, By Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/237898.jsp


DESTINI WON 5 YEAR WORKOVER JOB FOR SUBSEA

DESTINI IS EXPERT IN TUBULAR JOBS
19/11/2019 9:40 PM
Ron90 this company got so many contract this year from Petronas, Sarawak Shell, thailand,..servicing all malaysia commercial aircraft,, ...really major player in OnG. .. this QR should be much better ..fruits from some of the contract sign early this year.
22/11/2019 12:17 PM
calvintaneng DESTINI & T7 GLOBAL WINNING SUBSEA JOBS WILL BE ANOTHER PENERGY FOR TOPSIDE, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/239065.jsp
23/11/2019 11:20 AM
lavenderong Any reason why the price dropped so much today?
25/11/2019 4:29 PM
Simple Man wooh drop 10%.. Would it a trap from Calvin?
25/11/2019 5:13 PM
beginner58 Drop 10% is an opportunity to buy. With it's new job I am confident Destini will move ahead.
26/11/2019 6:47 AM
Lucklystar I bought few months ago at 0.3++ trap by someone. Now drop until no eye see.
26/11/2019 2:19 PM
Ron90 coming QR, we might be able to see revenue from 4 contracts that Destini signed in the early 2019, for tubular running service jobs in Thailand, Petrofac, Shell and Petronas. Revenue from aircraft maintenance for Malindo and Thai Lion, which started in April, should also appear.
26/11/2019 11:54 PM
dasm1284 yup, agreed. fruits of labour coming soon
27/11/2019 8:18 AM
Ron90 As at Mar 2019, DESTINI’s secured order book stood at RM1.34bn, which may sustain the Group for the next three years = $ 400m/year = $ 100/qr. this one not include 3 new tubular handling project won in april and June from Petrofac, PAC and Carigali, and of coz the biggest one sure from Peronas on September.

..donno la why this counter keep on dropping, but opportunity to top up.
29/11/2019 3:53 PM
dasm1284 The Group registered a revenue of RM90.93 million for the current quarter under review or more
than 100% increase compared to RM45.07million in the preceding quarter. The Group registered
Profit after tax and non-controlling interests of RM0.69 million for the current quarter under
review as compared to profit after tax and non-controlling interests at RM0.49 million in the
preceding quarter.

Profit in current quarter increased due to higher contribution from
manufacturing services and MRO services.
30/11/2019 5:42 PM
dasm1284 worst could be over for Destini? see their Q3 result above
30/11/2019 5:42 PM
calvintaneng Since destini so oversold it's upside will be great also
01/12/2019 11:58 PM
Gem Seeker Awarded 50.18m of project by ministry of defense
03/12/2019 7:42 PM
nickleeson Got contract extension from GOM already
03/12/2019 11:01 PM
dasm1284 owner Rozabil is accumulating again at 0.215
04/12/2019 9:03 AM
Ron90 50 million in 1 year..nice !!..easilly additional 2-3 million profit for next year bussines.
04/12/2019 9:07 AM
calvintaneng Scomies good

Netx canteeeeek!!!
04/12/2019 9:27 AM
calvintaneng Oh should be

Destini good

Netx canteeeeek!!!
04/12/2019 9:28 AM
Ron90 more to come under new development program for our arm forces..like it or not, only this company is entrusted to take security related jobs for government arm forces.

with revival of its aerospace job + lots of OnG jobs secured this year.... this company will soon become fantastic.
04/12/2019 10:06 AM
calvintaneng Destini destined to do well

And NETX into block chain CANTEEEK!!!
04/12/2019 10:34 AM
CT888 Bought 220.
Is undervalued now!
04/12/2019 11:16 AM
Twowah123 hello can anyone tell me, is the QR is good. see that revenue year to date is decreasing, but profit is increase. Is it good gais....
05/12/2019 3:01 PM
CT888 YES!! GO GO DESTINI GO !!

1st target 28 cts !!
06/12/2019 9:11 AM
kasrim my tp 0.40 very easy
06/12/2019 9:46 AM
06/12/2019 1:58 PM
dasm1284 kasi pecah 30c
09/12/2019 8:49 AM
calvintaneng DESTINI VERY CHEAP

PETRONAS RM30 BILLIONS WAS GAME CHANGER FOR OGSE: SO WILL NFCP RM50.3 BIL FOR DIGITAL STOCKS, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/245678.jsp
10/12/2019 1:45 AM
tigerball cheap your head retard
10/12/2019 8:29 AM
Twowah123 looks good
10/12/2019 10:31 AM
Westeros Got a lot of business but the share price so stale...
10/12/2019 11:27 AM
PM Sim Already reached DESTINATION..cannot move anymore..
11/12/2019 9:39 AM


 

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