NOTORIOUS DGB!!!

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NOTORIOUS DGB!!!

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Publish date: Wed, 22 Nov 2017, 02:24 AM

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DATE: 22 NOVEMBER 2017

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THE STOCK & TARGET

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Stock : DGB - (0.14 cts)

Buy Call : 0.09 cts on 19 Oct

Target Price : High - SGT members

Do you think its too late? long way tocgo with high target? Kim called to SGT members since OCT 19 at ( 0.09 cts) and share prices keep moving fward till today about 75% within a month.

"Another GEM in the making now. How high can it go for mid term? For me this another one.. yummy target!." - Kim Spartan

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SGT BUY CALL

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THE PROFILE

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THE GROUP

DGB Asia Berhad is a group of companies principally involved in providing innovative and comprehensive AIDC solutions, software and engineering services to various industries. AIDC refers to methods of identifying objects, collecting data about them, and entering that data directly into computer systems using a microprocessor controlled device. Our integrated AIDC solution suite is able to complement, extend the useful life and enhance the value of ERP systems and accounting softwares, as well as to provide seamless technical interface to AIDC technologies. Our products and services are currently provided to customers in the hospitality and consumer services as well as other business verticals in the supply chain industry.

The history of the business of our Group can be traced back to 1993 when our founder, Mr. Seah Liang Chiang founded the integrated AIDC solutions business under Digital in Singapore. Digital was set-up to distribute AIDC products. Mr. Seah has been in the AIDC industry for over 19 years and in the IT industry for over 21 years. He noted that business processes of various industries in the ASEAN region were heavily dependent upon manual data collection system which cannot produce critical data on time and which are laborious and as such prone to errors. With his business knowledge in this industry, he envisioned the promising prospects for the AIDC solutions business in the region to increase the efficiency of organisations.

The current operation in Singapore functions as our Group’s operational hub to secure projects that involve regional roll-outs in the ASEAN region. In addition, the targeted markets for our expansion will depend on and coincide with the movement of our customers which would allow us to penetrate into new markets with secure customers in hand and thus minimise the risks of uncertainty.

Our Group aims to be the leading integrated AIDC solutions provider in the ASEAN region, establishing ourselves in the local market initially, using Malaysia and Singapore as the platform for future growth and expansion in the region, and other foreign markets.

THE PRODUCTS

Identification Hardware

ID Card Printer
Bonus Card Terminal
Receipt Printer
Barcode Label Printer

Data Capture Hardware

1D & 2D Barcode Scanner
Portable Data Terminal
Handheld Mobile Computer
Industrial ID Reader

Supplies & Accessories

Thermal Labels & Ribbons
Plastic Cards & Ribbons
Lanyards & Badge Holders
Cleaning Supplies For Printers

Services

Card Bureau Service
Hardware Technical Support
Event Registration System
Rental & Trade-In Of Hardware

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THE KEYNOTE

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DGB - Asia Bioenergy Technologies Bhd (AsiaBio) has become a substantial shareholder in DGB Asia Bhd after acquiring shares in the latter through a private placement.

DGB Asia is the fifth ACE-listed companies in which AsiaBio owns a substantial stake. The other four are VSolar Group Bhd, Focus Dynamics Group Bhd, NetX Holdings Bhd and AT Systematization Bhd.

IAsiaBio said its wholly-owned unit Perfect Power Group Ltd paid RM1.84 million to acquire 48.9 million shares in DGB Asia at 37.62 sen apiece.

Following the acquisition, AsiaBio said holds a 9.09% stake in the enlarged share capital of DGB Asia, a software and technology services provider that owns an automatic identification and data capture (AIDC) technology.

Justifying the move, AsiaBio said the entry into DGB Asia was due to its interest in the AIDC technologies which it wants to expand in Southeast Asia.

AsiaBio said DGB Asia currently provides its products and services to customers in the hospitality and consumer services as well as other business verticals in the supply chain industry.

“This technology is important to all businesses as it helps to reduce data entry costs, eliminate errors associated with identification and data collection and accelerate basic processes,” AsiaBio said.

It added that the AIDC technology will be useful as it can be applied within its group of investee companies and create synergies that may increase the value of its investments.

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THE FINANCIAL

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Regards,

Kim Stockwatch

Telegram : https://www.telegram.me/kimstock (Real live time trading)

Or Join Elite Spartan Group Traders (SGT)

DGB (0152)

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