Dayang Will Fly on Monday - Koon Yew Yin , Calvin Tan Comments (Please post comments here & contribute your ideas)

Dayang Will Fly on Monday - Koon Yew Yin

Author: Koon Yew Yin | Publish date:

Fri, 22 Feb 2019, 10:04 PM

Dayang just announced its 4^th quarter result of eps 10.13 sen. The table below shows the details of its last 4 quarter result.

Before the 4^th quarter result announcement, many investors were frightened when they saw Kumpulan Wang Persaraan sold 20.03 million shares on 21 Feb, sold 2.5 million shares on 20 Feb and sold another 1.6 million shares on 19 Feb. That was why the price dropped 7 sen yesterday and today it went up only 0.5 sen.

When I saw Petronas is one of the 30 largest shareholders of Dayang, I started to buy it because I believe Petronas will award more maintenance contract to Dayang.

I must admit that I also began to doubt my own judgement when I saw Kumpulan Wang Persaraan was selling so aggressively.

Fortunately, its 4^th quarter EPS of 10.13 sen is reassuring and I expect it to fly on Monday.

I am obliged to tell you that Dayang is one of my major investments and if you decide to buy, you are doing at your own risk.

Calvin comments:

From here we know that Uncle Koon is subjected to greed & fear just like all of us.

KWAP selling created hesitation. So is EPF. The entities behind these Institutions are qualified or not? Do they need an overhaul just like those in FGV, Tabung Haji & others?

Uncle Koon chased Carimin when he saw Carimin posted 5 sen profit suddenly

And Carimin overshot. Then Carimin posted a lesser profit due to Monsoon quarter. Then blame game started again.

Now Uncle Koon started buying Dayang aggressively because he saw Petronas is One of Top 30 Shareholders of Dayang. Because Uncle Koon believe Petronas will award more maintenance contract for Dayang

SO IS THERE A NEW BULL THEME STARTING AGAIN?

JUST LIKE THE FURNITURE BULL THEME THAT FINALLY SAW 200% to 300% GAIN FOR LiiHEN, LATITUDE, HEVEA & POHUAT FOR 2 YEARS STARTING FROM YEAR 2013 TO 2016 ALL BECAUSE RINGGIT CRASHED AGAINST US DOLLAR MAKING MALAYSIAN EXPORT COMPANIES WORLD CHAMPION FOR 3 YEARS?

See LATITUTE PRICE CHART (5 YEAR)

LATITUDE TREE HOLDINGS BERHAD [S] (7006)

Company Website
Annual Report
General Meetings

See LATITUDE BULL RUN FROM YEAR 2013 END TO THE BEGINNING OF YEAR 2016 AND THEN THE CYCLE GONE DOWN AGAIN

SO THOSE WHO MANAGE TO CATCH THE BEGINNING OF FURNITURE STOCK BULL RUN FROM YEAR 2013 AT RM1.00 & THEN CHUN CHUN SOLD ALL AT RM8.00 AT THE START OF YEAR 2016 WOULD HAVE MADE RM7.00 OR 700% IN 2 SHORT YEARS (TRUE OR NOT JUST LOOK AT THE CHART CAREFULLY)

LOOK AGAIN VERY CAREFULLY

IF ONE HAS PLAYED CONTRA IN YEAR 2012 HE WOULD HAVE MADE NOTHING AS THE GRAPH WAS FLAT

IF HE PLAYED CONTRA IN YEAR 2013 HE WOULD HAVE MADE A LITTLE MORE

FOR THOSE WHO BOUGHT END 2013 AT RM1.00 AND HOLD TILL END 2014 WILL SEE A RM2.50 GAIN AS PRICE HAD RISEN TO RM3.50 (MADE 250%)

BUT THOSE WHO CHUN CHUN BOUGHT NEAR BOTTOM OF ONE RINGGIT AND STAYED THE COURSE TILL EARLY 2016 & SOLD AT RM8.00 WOULD HAVE MADE THE MOST AT 700%

THIS IS WHY IN A BULL RUN THE BEST THING TO DO IS TO BUY, SIT STILL AND DO NOTHING

AS THE WISE INVESTMENT SAYING GOES

(((SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOP)))

INDEED! HUMAN NATURE CANNOT HOLD TIGHT SO IT IS NORMAL TO BE ALWAYS BUYING . AND SELLING

NOW THE BIG BIG QUESTION IS

ARE WE NOW GOING INTO A FULL BLOWN BULL RUN IN OIL AND GAS STOCKS? THIS ROUND NOT BY THE WEAK RINGGIT FACTOR

THE TRIGGER IS PETRONAS RAPID FIRING UP FOR THAT 150,000 BARRELS OF EXTRA CRUDE OIL FOR ITS REFINERY IN RAPID? 150,000 PER DAY MEANS 54.7 MILLION BARRELS OF CRUDE OIL ARE NEEDED YEARLY

SO NOT ONLY DAYANG BUT PENERGY ALSO REPORTED FANTASTIC RESULTS AS WELL tODAY

IN TIME TO COME VERY SOON ALL WILL WAKE UP AND CHASE O&G STOCKS

SO BETTER GET IN EARLY NOW WHILE STILL CHEAP. AND SIT STILL. HOLD TIGHT.

DON'T BE ITCHY TO SELL TOO EARLY. AND NO NEED TO WANDER HERE AND THERE TRADING & SPECULATING

JUST BUY AND HOLD

ONE MORE THING.

PETRONAS IS ALSO IN TOP 30 OF PANTECH

MORE THAN THAT.

PETRONAS HAS ALSO AWARDED CONTRACT FOR PANTECH TO MAINTAIN ITS PIPES & VALVES IN THE RAPID REFINERY

DIALOG ALSO GOT MAINTENANCE FOR ITS OIL TANKS (And KWAP IS ALSO STUPIDLY SELLING DIALOG SHARES JUST LIKE SELLING DAYANG SHARES

BEST REGARDS TO UNCLE KOON & ALL FELLOW i3 FORUMS

THEY SAY, "INI KALI LAH"

HOPEFULLY ALL WHO WERE WOUNDED BY THE DOWNTURN LAST YEAR WILL SEE A FULL RECOVERY IN OIL & GAS BULL RUN THIS YEAR

Calvin Tan

Singapore

And yes. Please buy and sell after doing your own due diligence