Pathetic Fallacy

DAYANG .. D KWAP WTF??!

OrlandoWeb3AI
Publish date: Sun, 24 Feb 2019, 12:52 PM
Pathetic Fallacy

KWAP may continue to sell Dayang due to Dayang as a group is considered technically insolvent as such KWAP no longer has a strong mandate to invest in Dayang

 

Whn its subsidiary Perdana defaulted on one of its loans it has triggered a cross default on all its loans and made all of them due for repayment immediately thus making it together wit Dayang group technically insolvent

 

Pathetic fallacy

 

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Discussions
1 person likes this. Showing 27 of 27 comments

OrlandoOIL

Bal 83,765,066

5 more days to go..

2019-02-24 13:00

cccc

Now the whole world knows this fellow has just missed the boat. ;)

2019-02-24 13:04

Simon73

such pathetic legacy

2019-02-24 13:46

king36

Did KYY & Calvin Tan know this?

2019-02-24 13:47

Simon73

Sored pathetic assumption

2019-02-24 13:49

bongjf

Very cheap. Sailang buy ! Don't miss this baby bull !!!

2019-02-24 14:50

apolloang

uncle bought 60cts,u go buy lah 90cts.....hehe

2019-02-24 14:52

VenFx

OrlanoOIL just speak the true...
Thanks for the article above to serve as a remind or alert .

2019-02-24 14:52

bongjf

Eps=17c. Tgt= 1.70 @ pe=10. Now only 79.5c, not cheap???? Sailang buy. Hopefully not limit up so we have chance to buy. Very goog company to invest for 1- 2 years.

2019-02-24 15:21

Simon73

Tks to KYY for sharing his valuable thots consistently

2019-02-24 16:51

calvintaneng

OK OK

If you guys so afraid then Go

BUY PANTECH

PANTECH HAS A VERY VERY CLEAN BALANCE SHEET

AND ROCK SOLID TOO

Dayang got one source of Income by OGSE

PANTECH GOT 3 SOURCES!!!

1) PANTECH SELLS PIPES & FITTINGS TO DAYANG

Provision of Maintenance Services (From Dayang Company Website)http://www.desb.net/provision.php
Dayang’s subsidiary, Dayang Enterprise Sdn Bhd (DESB) undertakes the overall provision of maintenance services, which focuses on the following areas:

Maintenance of Topside structure
Maintenance of pipes and valves and
Electrical and instrumentation
The maintenance services are provided either on a routine or scheduled basis or during a breakdown or emergency, in which case maintenance works are undertaken due to fault or failure.

(((Maintenance of pipes and valves and)))


2) After Crude Oil is extracted they are Piped Into RAPID Refinery for Processing

SO THIS IS THE 2ND TIME THEY USE PANTECH PIPES & VALVES

3) AFTER CRUDE OIL IS PROCESSED THEY WILL THEN PIPED IT INTO DIALOG'S STORAGE TANK AND LATER PIPED DIRECTLY INTO RAPID CHEMICAL INDUATRIAL HUB

SO AT ALL LEVELS OF EXPLORATION, EXTRACTION, PRODUCTION, REFINING & DISTRIBUTING PANTECH PIPES & VALVES WILL BE IN USE

PANTECH (OR ALL TECH) THAT'S IT!!!

2019-02-24 17:12

Simon73

Tmr not only local O&G sector moves up, global stock market will be supported with outcome of US-China meeting over the weekend

2019-02-24 18:47

Simon73

Hope Dayang wont fly to fast, we all need a ride up

2019-02-24 18:53

Shinnzaii

Last time Dayang got Perdana share at x price...after perdana share price fall Dayang declared dividend specie 0.302:1...banyak sakit hati...if the insolvency is true...then abit worry nia...

2019-02-24 19:19

speakup

default so what! market is super bullish, default is NO ISSUE!!!!

2019-02-24 22:40

OrlandoOIL

Exit strategy 


KYY only needed abt 75m to kao tim KWAP 


But bear in mind no institutional funds can buy Dayang in its current technically insolvent state jz like KWAP 


So exit maybe a problem


May hv to hold long term



Pathetic fallacy

2019-02-25 09:51

bc8660

Personally, I will give short term target to RM1.50 us segment industry strong recovery trend, the revenue growth will increase further along with the recent contract awarded.

2019-02-25 10:36

PotentialGhost

This pukimak KWAP fund relly noob in investment , pui

2019-02-25 12:55

beso

no need to say this wtf that wtf, each institution has their own investment plan, kwap sell & buy every day every min, very normal
you posted this blog at this time, ppl know u r sour grape, u missed the boat

2019-02-25 13:00

OrlandoOIL

22-Feb-2019 Disposed 29,181,750

2019-02-25 18:44

OrlandoOIL

54,583,316 to go

2019-02-25 18:45

OrlandoOIL

KYY's tis venture spend 80m?

Rest by bui ber ehh

Bear in mind no institutional funds can buy Dayang in its current technically insolvent state jz like KWAP 


Exit plan .. 


Pathetic fallacy

2019-02-25 18:49

OrlandoOIL

KYY maybe has strong hands but does KYY has to hold long term plan?

2019-02-25 18:53

OrlandoOIL

Especially RI on d way

Whr Perdana is heading can use Alam Maritime as a guide

Pathetic fallacy

2019-02-25 18:58

paperplane

Trade carefully

2019-02-25 19:02

L2earn

when KYY sell, KWAP kutip again?

2019-02-25 19:03

OrlandoOIL

U cannot say KWAP no longer has a strong mandate to invest in Dayang is not right

Gonna move on

Take care

Pathetic fallacy

2019-02-25 19:56

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