the recent "trap" by major share holder is because, he wants to get as low a price as possible. not because he want to sell at a higher price & run for his life & let the company dive & die. The losses by losing a big cap company listed in the market from previous high of Rm 3 (may be less shares then) to 6 cts is very significant. he will try to built by his company by all means. If he wants to run or give up on hubline he would have pushed to say 20-30 cts, dump all & forget about the company. I am sure he will not want to make just 2 cts from 5 to 7 cts. he would want to build back his company to say 10 times more at 60 cts. Ask yourself, if you are the major shareholder would you want to build back the company, or the company owe others so much that he needs to give up company to forget about the debt. a check on the current outstanding debt will let us know whether hubline will go bust or not.

if you think hubline won't be delisted, buy now at 4.5 or easier 5 cts. i bought higher than these 2 prices. Recently major director announced hubline all cleaned up, & they are moving into more lucrative osc biz. it rallied to 7 cts. In report that just come out,after newspaper announcement, current quarter losses of 163M. Previous quarter 3m profit. nta now 0.14 instead of 0.27.So major director got people trapped at 6.5 to 7 cts. Thursday 4.5 to 5. Now 5 to 5.5 I think this is as low as it can get before it start to slowly rally. syscorp is also moving higher. i thought of averaging down , but have accumulated significantly . it would be at great risk to average down every 0.5 cts or 1 cts. if it goes down to 4 or 4.5 i will average down,. Now as it is i have no choice but hope that is will slowly go up & then average up later if i think the "up" will become significant.

QA is qualifying asset for SPAC listing

Daya still have 3rd/4th quarter results & Reach Energy under its sleeve. Very likely Reach Energy will award jobs to daya once they got their QA.

@Elton ,pls post at NOva thread before complain again.

@Elton .seller refuse to sell lower than 7 cts. They think it is very cheap already.Buyer want to buy only at 6.5 cts, since very quiet. Do not know when activity will moving.Your judgement ,your take .

@chris, i strongly agree with your methodology & believe hubline is a good bet.may double,triple or up 5 -10 times. Nobody knows until it is about to happen

war on klse started 20-30 years ago. just getting hot. battle on daya seems to be winning. the rest ,mostly hide & seek &wait &wait!!

@sunflower already got a bit of MKland. Need to find a counter to load heavily while price is low. I have confidence in Nova but do not know when activity will start.so far accumulated 700k share Nova @mostly 7cts.

@darltkt. i feel reward risk very high for hubline. i doubt it will go bust.if it does not go bust, downside risk is very low. do not mind holding for 1 year if up to only 10 cts.will upload on Nova/pw once sell daya or is there any other faster counter?

note highest price of hubline many years ago is RM 3. Now only 6cts.Vey big cap.unlikey to go bust. recent rights issue at 7cts plus free warrant.Major director is trying to make back his money.off course some dissatisfied minor director will sell & look at other better opportunities.key is to understand that it won't get bust,Baltic Index improving & they are looking at more profitable shipping sidelines.Syscorp also seems to want to move. Major director keep on purchasing on own stock.
I think little risk & very high reward/risk ratio.

i do not think RPGT affect pw. The reevaluation of old properties is done for properties likely to be > 5years ago. Generally appreciated by 20-100%. Should be greater than 5 years to get those appreciation.

I have already made a lot on daya on paper. Still holding 75-85% of my purchase. preparing to look at other penny or good stocks. i missed PMcorp bought at 13-14 & sold @15. Probably did not understand/appreciate what they have.Also did not look at PMcorp thread until recently. i do not like to chase.prefer to wait & hold . Chase only if i have significant holdings at the bottom. Any undervalue stocks??Waiting to download daya,but need to identify good potential counters first.
Nova,PW,hubline or any penny stocks with potential that anyone can recommend?

to be fair,anbz has nothing to cheat. Price of Nova is so low now.he is not disposing. I like Nova , it is small cap, very niche market,world wide business.The day will come. while price is low accumulate now. or if you want to chase later up to you.

Now applying for approval. Can anyone here tell me when is the price fixing date?.thanks.
I called Hong Leong Investment bank. they tell me info is privy to the board of directors.I believe price may move up 5 days prior to price fixing date.

@anbz, should we gang up to take over or ask for board presentation NOVamsc. if spite of low volume , I believe in their future

@anbz, should we & others gang up to take over PW?

MD & CEO wants to make Daya a 1B company in the next few years.i.e 1B/123M=$0.80 share.
Private placement likely given to approved bumi institutions. hence should get as high a price as posssible, to be fair to existing shareholders.Hope go up for the next 4 days & then fixed the private placement price.

sorry not joget joget. up&up. who knows the price fixing date. pls inform.tq

@jerry, i am asking about private placemnet at certain price, which is at a 5 days average before a price fixing date. What is the price fixing date in case of daya? It is over already , from date of announcement?

what is the price fixing date for issue of daya's private placement?Anyone care to enlghten? .Has it passed already .I mean from annoucement date today. ie Private placement issued at average of last 5 days price.If date not fixed ,quite high potential that daya will rally 5 days before price fixing date.

@imoogi99, you are right. they resell treasury shares but did not cancel the shares after selling them.they can't pocket the money. It will not increase NTA, but how the profit to be used will be reported in company accounts.MD told me they want to work on daya's price. How? Must increase
earnings. To keep treasury shares until daya become a 1B company may be too long,although it is the best to keep the treasury shares and resell and cancel them later.It will be better for shareholders in the long run. But can we reach there, I mean a 1B company, which translates to a share price of about 0.8?

It is good to be in a position to cancel treasury shares.Good for existing share holder. Not good for those who buy on news & want a fast buck.

At agm, ceo told me they got to work very hard, They are not so lucky,like spetro, who's father is an advisor in petronas. Petronas "chicken out" in awarding their RSC tembikai oilfields. They form another company to manage oil exploration.,forgot their name , in the Edge. DAYA'S strategy to concentrate worldwide, go international, be competitive & manage well,starting from the North sea,will augur well for themselves & their share holders.

MD & CEO want to make daya a 1B company by turnover & market capitalistion in the next few years.hence will touch .45 before march 2014 & 0.8 before march 2015.sit very tight. Very difficult from daya to climb from 0.23 to 0.33. The climb from 0.33 to 0.45 wil also be very consolidative.LIke up 2-3 cts & down 1-2 cts & stay for very long until everyone cursed daya. Their 2nd, very small charter is about 10M in less than a month. Should try to get many of these small jobs after obtaining 7 year charter from Technip. Come 2014 daya will be O&G operator & contractor ( i.e developer & contractor model .i.e. most lucrative model: 20-30 % on turnover). they should be an international company within 2-3 years, joining O&G Russian giant Globalstroy.Also , hopefuly with aggressive MOu with the north sea,India, Indonesia & worldwide, the up from 0.45 to 0.8 will be a faster one..

i am not worry about daya . worry about a us crash. that will cause a ripple through our market.Should we follow daya mgt by selling (treasury) shares?& see what happens around year end?

@jerry,kenaga & public bank estimates are based on actual EPs, daya previously gave out 2.5% of 10 cts. Actual yield based on 10cts share capital is 2.5%,based on 25 cts price is 1%, on,based on 30 cts is less than 1%.My calc is on high side , based on actual earnings 80/500 not based on dividend yield.based on dividend yield is a sure hit. Hence 0.45 is a definite hit by march 2014 , barring unforseen circumstances.I do not know why company is selling treasury shares(which i do not view positively) Hope that additional profit can be used to reward share holder with a higher dividend yield. may indicate that company is rushing to achieve a higher yield without affecting company day to day operations or dividend expenditure

sorry use 40M/500M.

Look at net profit/turnover. Last year 19M/274m. Now latest 4 quarters 23M/400M. By year end,next year report may be 40M/600M .Use PE 12. price =12*40/500=0.80. Just before the above is realised or make known, the price will be achieved, ie. before march 2014,to give a realistic date when year end financial report is out. To be sure , do not know exact dates of rally. let me know, if anyone has any inkling or idea of the rally dates.
Note that the above is very archievable. Daya is an aggressive growth stock.

long term ichimoku support just propped to 31 cts because of recent transactions at 32& 32.5. Since strong long term support at 31, should not go down below 31 ,therefore should go up 31++. Thus may break out next week,since no margin to come down

daya seems like consoildating now. Only look at it end of the day. need to wait for new projects or 3rd quarter results before any reasonable move of 2-5 cts. But should touch 0.45 before year end. It would be like last time when traded 20-23 cts.Great that it can still maintain at 33+ cts after up 40% from 23 cts. Look like price will increase only in the mid term, no short term. i am happy if i am wrong & if daya can move up some more in the short term,as i am still holding 80% of my stocks..

To me losses at startup is OK. As i say very niche company,need to train staff,trouble shoot application, establish credibility. All this take time & resources. currently about 0.08 cts. 20 % off capitilisation at 10 cts. i do not know what is is initial IPO price. Buying niche market at a deep discount, with tremendous growth potential, why not. Just wait, like daya

The first thing i look at is year low. if any share close to year low. and with potential ,i will look at it.if i like the company, current price & potential growth factor, I will try to load a lot at the bottom & then wait for earnings growth,someone to goreng. If it is good if it also has a previous spike in volume,but price already settle down. yes Nova is about 50 cts 10 years ago. Lowest about 5-6 cts. it has great potential in Asean &other countries, especially their healthcare software, E submisssion of plans to authorities, building information modelling.if the above are made compulsory, or if people realize the benefits of using the software, a target price of 60 cts ,in the long run, say 8x7, i.e 7 times current price is possible.2 years up 7 times your money, where to find. All depends on how early people come to realize its potential. I am still trying to accumulate. With people talking about it being a crony politician company, I am more happy about it.

something wrong with screen. does not word wrap & some links do not come out properly.what did the programmers do to the website??

Massive buying at 35.5 will be new support level previously a resistance. no worries on the way to .45 just before 2014, & 0.8 just before 2015

if owners want to sell, vol today should made be very high & jump more than 2 cents,so that with tomorrow's up,(after announcement end of today) it is time to let go. but todays vol not so high ,up not so much.Hence they do have the intention to push up to sell tomorrow.Other may do it ,but limited. hence long term should be up despite tomorrow's performance.

last time daya many news ,don't run. Now daya on many's radar, some news will run.if up 5-10 cts should offload, if up 2-3 cts ,hold on i think. 2nd quarters earnings nearby. Today's vol not very high . If up 5-10 cts with heavy volume ,should offload .Anyway should look at closing from peak tomorrow. If close near to highest may highest,the next day morning early.If close far from peak,with significant vol can consider letting go temporarily.

tomorrow if 35 also Ok. Cannot let contra holders make & run .otherwise it will come down & not achieve 0.45 by 2014 or 0.80 by 2015.

bought @ 6.5 & jump to 0.8 cts , Quite happy,now buy some more at 7.5 cts.
Apart from healthcare software, they are involved in BIM( Building infromation modelling). Tough subject, my line. Need to understand CAD & Architecture/engineering. Many authorities want to implement e submission but not successful. Novacitynets has sucessfully implemented e submission (drawings) in Singapore . Not surprising all the local authorities implement Nova software later. maybe start with Iskander region.
Sunway awards projects to their consultants who uses BIM. CIDM is making BIM submission compulsory. Very niche subject. No surprise if all the government authorities use NOva in future. they aso do BIM for ABu dhabi development, & hydroelectric design in Canada. Hence very good future.

@sunflower, sorry no link , I just read from Edge & update everyone.

sorry $0.8.

summary of edge article on daya. MD Nathan Tham aim to achieve 1B in turnover & market capitalisation by 2015. share price =1B/1.26b=0.8 cts by 2015, if buy/own siem daya 1 & 2, will likely issue convertible loan stock. Unlikely to give bonus issue because daya liquid enough. Hence better to expect convertible loan stock. Share will go higher so that can issue loan stock at a higher price, so that owners retain majority ownership without coming out with more funds. daya want to start with competitive area in Norway first, so that when come back to malaysia already got good track record.

better daya climb slowing but no sudden jump & down steeply,which means end of the game. Most shares in the market are like that now. Rally & drop, but not daya.So far many anticipation/speculation around on daya ,which is good.2nd quarter earnings(end Aug),sime daya1(beginning Sept), siem daya 2(dec 2013), spAc(Reach energy,start 2014).
Best to apply trailing stop on daya.If down 15% from any peak price, chop off. So far nothing of that yet. 28 down to 25,35 down to 33. All this from initial price of 20-23 when everybody was complaining about daya.
But must look at fundamentals also.Someone who is accumulating may just push up slighlty & sell down before accumulating again. jaga-jaga/pandai-pandai sendiri.
Asalkan naik ,walau slowly,but steadily. Nowadays no of buyers close to no of sellers at current price.previously no of sellers 3-10 times> no of buyers at that current price,ie. when it was at 23,25,28,30,33, 35 and all those are fully absorbed at a slightly lower price.Now say, 33.5b(30K)/34s(35K).Nowadays no of buyers same as or greater than no sellers. Simpan "Daya Pasti Kaya Raya".

Daya still in accumulative phase , I think. Many still want to accumulate.When everyone is selling then it will go up like mad, because they want to get highest price.When in accumulative phase people want to get as low as possible subject to demand /supply. Daya still in great demand but is waiting for greater earnings and hence price breakout.After the breakout,people will anticipate earnings from then. Are earnings going to be even higher. If yes, then it will rally again.I believe daya is such stock.Everyday top 20 with slight price breakout when top 3. Good luck to all daya holders.

RE DAYA jv with custech for OG non destructive testing.
Daya now is trying to do much of the oil & gas contracting/services work which augurs well when they become the owner /operator.
It will become a developer/contractor model i.e. JV partnership operator/(O&G contractor)((Reach Energy /Daya ) which is the most lucrative model.
They are very aggressive but prudent/smart in your new MOU's. New opportunities exist to break new ground but prudent in capex . e,g new siem daya charter with crew ( so that no anticipated execution problems). They are in the best position to raise SPAC since they are the contractor's themselves, able to estimate the bottomline accurately. They will finally award projects to themselves. Reach Energy to Daya. Hopefully a 2 bagger next year & 10 bagger 5 years down the road. KUDOS DAYA mgt team.

now 33.5. Surprise and great if it can rally again today.Luckily did not sell so much. 2nd quarter earnings may exceed HdBS expectations. 0.80 new target price coming

Dear Daryltkt,
I hope you are right , as I sold only 10 %. my friend who always trade, advise me to sell first and buy back later. Like daya at 27-28, and close back at 25. Could have make 2-3 cts. Imagine how diffficult it was for daya to climb to 23 from from 20. everyone was complaining,say do not buy daya,crawling with 0.5 to 1 cts gain. I like daya and Hwang DBS summary of daya.Basically i like growth stock and not interested in 10-15% gain. I want a 1-3 bagger,even if i hold for 1-2 years.However a 10 % gain 3-4 times before the 2 years, is also a lot of money,and make a great difference if there is a crash later.
I believe Daya is more likely to drop than to maintain or go up next week ( with Hari Raya). Need to monitor buying strength on Monday before decide on further selling, with the intention of buying back later. I believe daya will up 100 % a day from the 20-23 cts one day, say when it has breached 60cts-$1 mark. It would have up 20+ percent of that current price. Then i will sell all & look at what someone mentioned NOVA MSC.That's how the market works, I think. Because 2 years down the road, earnings may up 4 times , and so will price.

Daya would not break out again in next few days. Why will it break out to to let contra players at t+3 to make money, Those who have been discussing /holding daya at 20-23 you deserve to make your money. Those who want to make 2-3 cts from daya from trading can sell & buy back later.The market is out to squeeze your money & not to reward you for your brave on slaught. Only patience, & high probablity bets will turn out to be winners.

yesterday's up is definitely because of Hwang DBS comprehensive/excellent report on Daya. Not because of SPAC yet.if 2nd & 3rd quarter earnings within expection may touch .45 and maybe $1 one to 2 years down the road.

Sold 10 % at 30.5 & 31. now dark cloud cover. Try to trade.Should go down more tomorrow. Hope down a bit only .For those who want to sell may get 30.5 to 31 tomorrow early morning & buy back at 27-28 later,hopefully possible..if it can maintain 28-30 next few weeks ,great. then just wait for announcement for 2nd quarter profit end Aug or contracts from O&G (Siem Daya I)for further upside. I feel TP .45 reasonable. Even at that price still very cheap O&G COUNTER. Price archiveable by year end. 31-32 cts resistance seems great for the moment.