foreverchung

foreverchung | Joined since 2017-07-14

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13 hours ago | Report Abuse

DPulze's revenue contribution will only be taken into account after it is fully completed which I anticipate should be before FY2024 ends, so we will see DPulze's contribution coming in from FY2025 Q1 onwards. Clean execution by the team too.

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1 day ago | Report Abuse

1.96, good QR!

With incoming dilution, would like to see whether the acquisition of DPulze is accepted warmly by the market. Kudos to Valarie and team!

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1 month ago | Report Abuse

Well I can say everyone invest for different reasons and hold/buy/sell for different reasons. For myself, I am used to be a 'trader' mindset, easily manipulated by market sentiment. Everyday looking at news and hoping for some big news and big profit. But I realize that did not tally with the market that I am investing in. I am investing in FBM KLCI instead of US NASDAQ/DJONES; I am investing in companies that have low volume, which is susceptible to more volatile movements and less susceptible to news as the exposure is less.

So I cannot apply what I did to covid times, where daily trading based on rumors and TA alone is sufficient. I hold many stocks today, but only a few that I actively check on due to its potential burst of growths. DANCO, SPRITZER, RANHILL, NOTION, FOCUSP are some of few. Some had flew and TP has been done, some has been giving consistent dividends and some gave bonus issues. But all the same thing is that the company is profitable, and the management is at least somewhat willing to expand and improve by action, not just talks.

Maybe one day we will see a wind of change for BURSA when there is more volume that allows us to trade daily. But until then, daily trading for me will remain in FX.

For DANCO, I will be honest in saying that what I am not satisfied with, is the management's lack of proper communication of directions. They should hire a better IR to represent the company. Those that knows the company well enough can make an educated guess which direction this company is heading therefore willing to hold, dividends definitely make it worthwhile, but those who do not, will think that DANCO is stagnant.

Good luck all.

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1 month ago | Report Abuse

Hi DG_Invests, thank you for seeking my views. I've looked into ECA in the past before before 1Q 2023, where through proxy, attended AGM. Objectively, the company is looking at fluctuating business (during that period of time, considered as fluctuating as there is only historical + 3Q's). Was slightly concerned on how the management is tackling the issue of costs, however the balance sheet of the company looked relatively healthy.

But as the FY continues to 3Q/4Q, the fluctuation did not stop, but widened further to more than >50%, which is more than my personal liking for this industry (semi-con/EMS/ATE etc) while understanding its cyclics. This to my opinion, shows that the management is unable to confidently bring consistency to costs -leading to erosion of margin and to pursue bigger clients (top-down), on top of failing to identify emerging opportunities.

Of course, similar industry players faced such issues, however, ECA did not standup to the what we considered concentrated market here in Malaysia. With more and more players coming into fray, it really stands to be seen whether ECA will rise. Fundamental wise, ECA does possess high potential since its in a sunrise industry, but whether the management can guide it to higher profitability catching the trend, remains an issue. Their recent acquisition of land for expansion looks to be a positive growth for the company. However, if you look at the charts, market did not buy well enthusiastically into the news as evidenced within 5 days before and after announcement. Utilization rate seems to be of higher impact question at the moment.

On top of that, management wise, I did not appreciate the albeit bombastic and positive phrasing of the outlook by the management, the description of prospects was more ambiguous than I would have liked (as compared to tackling their problems).

Lastly, looking purely in technical terms, they do stand to benefit from the peer boom rather than of their own accord. Might be looking at challenging 0.495 with high breakout volume needed to break this. Personally, except for new announcements / rumors, I don't think it would happen without intervention of larger shareholders, as other peers might be more attractive. Since ECA does not promise dividend payout like DANCO, hence TA or pricing is more higher priority rather than staying and investing like for DANCO.

That's my opinion on ECA. I shall stop commenting on ECA on this page as this page is meant for DANCO. Should you have further inquiries you may PM me / quote me in ECA page. I will do my best to share what I can (but I have to mention, since I am not holding nor I do plan to hold ECA for investing purposes, I think I have shared most of my views here). Good day.

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1 month ago | Report Abuse

OptionOracle, I don't think DANCO provides water treatment / sewerage services. If any, they are providing the valves and pumps that are related. That said, again, I do not think DANCO has any direct correlation to Data Centre space. The closest that we have, at the moment, is UTC.

However, it does seem like DANCO is moving towards electrical components, manufacturing electrical appliances / parts, as well as electrical engineering. I won't be surprised if the incoming announcements would be related to acquisitions of E&E manufacturers or providers. Manufacturers would be more hard-components rather than semi-conductor related.

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1 month ago | Report Abuse

Don't think so. It's a HK based company established in 1977. Their nature of business seems to be related to trading of industrial & electrical products. To me this looks more like a trading company, in which I can relate that DANCO/MTL is establishing a trading relationship with HK, which is good.

But what I am really interested to find out, is what is the connection of AK Industrial Limited, to its ultimate shareholder, DANCO as well as who is their directors. Seems little to no visibility of the company based on my simple google search.

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1 month ago | Report Abuse

Good time to take profit for holders that has been with RANHILL since 600 era. For those who don't mind paying a little bit of premium, can look into accumulating since there may be news from Indonesia anytime soon.

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1 month ago | Report Abuse

Seems like the new ASRS is a relatively timely addition in regards to warehousing vehicles, reduces the need to depend on Diesel vehicles. But of course large amount of logistics still depends on Diesel which I expect will eat into the margins for Spritzer since the bulk of the costs comes from logistics.

Would recommend to hold, and wait for opportunity to accumulate on the new lines are pushed to optimal production.

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1 month ago | Report Abuse

Looks like the resistance on 520 is relatively strong, need to see whether the consolidation period has accumulated enough buyers to push through in such a short time.

Otherwise, we would be waiting for news or rumors.

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1 month ago | Report Abuse

Would you mind explaining, Albukhary, how does AK Industries link to DANCO?

So far we don't manage to see any connections here so help us out.

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1 month ago | Report Abuse

Albukhary

Are you sure this is related? Or are you just posting randomly?

So far we have not received any naming on the company that is under negotiation or acquisition under the name of "AK-Industries". The last check this company is founded and currently located in France. And apart from Indonesia and Malaysia, there has been no ongoing negotiations of acquisitions outside of these 2 countries in DANCO.

If you are meaning to discuss about its industries and similarity, it does have some resemblance towards UTC + MTL (but more of CNC portion only). Seems experienced but a young team of management too.

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1 month ago | Report Abuse

Congratulations to shareholders! Definitely a worthy investment in companies at are directly involved in EE segment. As renewable energy segment matures, mid-down stream service providers are to reap the benefits!

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1 month ago | Report Abuse

Anticipated on the 2nd and 4th quarter of FY, OptionOracle.

Do take note that usually the dividend payout is roughly 40-45% depending on issued shares and earnings.

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1 month ago | Report Abuse

New EV roadtax tariff out. Very reasonable and affordable.

Expecting EV sales to ramp up in Malaysia, which would then benefit Point Charging Operators. Good news.

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1 month ago | Report Abuse

hornbill, as much as you are making sense, 'cinapek' companies are doubled edged sword

1. Old school management; BUT
2. It's hard for them to lose money, as they are always the 'slow & steady' kind.

That, you cannot deny. As you can see from the historical data.

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1 month ago | Report Abuse

I think its reasonable time for those who held prior to the YTL news to TP. Then reenter on weakness, long term wise personally I don't think the fundamentals of RANHILL-SIPP to change significantly. YTLP's accounting might look more decorated at the moment. Until Indonesia's segment fully launches, I don't see any larger or prominent news to stir the price up.

This is taking into account of YTL's intention to keep RANHILL listed. Which means that floating / retailers won't be reduced to specific margins at least for now.

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1 month ago | Report Abuse

Thank you bearcomebullgone. But its 'We expected so much from you', instead of 'for'. And please refrain from copying in future to prevent unwanted allegations. Thanks again bearcomebullgone.

Meanwhile, I think it is naive to not TP when high and reenter again when low. This quarter is expected not to have dividends in. So why not take the dividend yourselves and reenter when suitable? Indeed not a strong QR considering that revenue dropped marginally. But didn't that got mentioned in QR about MTL's expectation? Well, citing the board, I will retain cautiously optimistic.

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1 month ago | Report Abuse

1 Line in Taiping and 1 Line in Yong Peng has commenced production. New ASRS seems to be more efficient too during the plant visit. Looking forward for stronger performance in overseas aspect.

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1 month ago | Report Abuse

While waiting for lordmessiah, let me share a little from the AGM today that is ACTUALLY useful rather than 'DANCO is trash' 'O&G is better' 'I have decided to go hide until DANCO is red'.

Do bear in mind that this is not the exact wordings of the meeting, but carries similar if not exact quotes. I was in attendance of the AGM. The response was shared either via Mr. Aik Swee Tong, Mr. Aik Cwo Shing, or Mr. Tang Yuen Kin in no particular order or order of appearances by the board members. Please excuse my mistake if I have attributed the response to the wrong board members.

- Directors point out that currently MTL is undergoing double shift as a temporary measure to meet demands.

- New machineries and equipment are being brought in to resolve longer term target of meeting demands.

- Directors are expecting the year and subsequent year to be good, with HVAC demands are raising, but anticipates do not go as high as during the post-covid moments percentage of jump.

- JusEV has been contributing sales and revenue to the company, but it is still not significant enough for the group as it almost completes its maiden year, but still within allocated expectations or budgeting.

- Mergers and acquisitions are one of the non-organic growth opportunities to the company, making up the 2 pronged approach to expand the company's business. But the M&A would not be done hastily, whereby there will be a focus on presence of capable team in place, correct pricing as well as a good complement to the existing business line. Acquisitions would not take place as 'just because'.

- In regards to the UTC's business line getting involved with Data Centres, DANCO does not have any active contracts with related entities and business lines. Although DANCO would pursue related aspects and open to explore opportunities where applicable. This was a response to question regards UTC/DANCO's involvement in Data Center spaces.

- Indonesia market would be explored further either through the existing partners or to set-up an office on site to explore further opportunities. As Indonesia is the second target for exploration after Malaysia. This is response to the question of whether Indonesia's capital relocation would be seen as an opportunity point for DANCO.

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1 month ago | Report Abuse

Day 129487235, still waiting for the return of Messiah 🤣

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1 month ago | Report Abuse

Keeping the listing status means that minority shareholders are not necessarily forced into selling. Hence, still will see support across several psychological levels of 1.3 and its volume units.

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1 month ago | Report Abuse

Today the weather is good for messiah to come out!

Let's prepare some key points:
- KLCI drop
- Bad QR
- Crash
- Insider throw
- Trust me mark my words
- Overseas business bad
- PH win
- Dollar weaken
- Indonesia moving capital

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2 months ago | Report Abuse

As per the great messiah, it will be
- Worst quarter ever
- KLCI better than DANCO
- Oversea business deteriorate by 467mil
- Crashing and has been crashing since 2022
- EV is lousy business
- O&G better

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2 months ago | Report Abuse

Yes, this is the bursa way. Buy on rumor sell on news. Hence, its the early bird gets the worm.

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2 months ago | Report Abuse

Meanwhile, QR coming soon. So let's put our hands together to welcome the QR analyst of the year Roger3210 to give his utmost pessimistic QR prediction of -2000% YoY and QoQ hence leading to the crash of 2024 ending in 25sen DANCO.

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2 months ago | Report Abuse

Another great QR, YoY improved! And we shall see F&B be profitable should they continue this trend next cycle. Seems like the new franchise might be a timely addition too, little to no negative impact I presume.

Meanwhile, the lower QoQ is consistent with the cyclical demand of the FY. I wonder if they will expand their eye-care business in terms of hospitalized / in-out patient care like Optimax do? Anyone today attended the AGM and asked?

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2 months ago | Report Abuse

Another opportunistic stock under consumer goods! Would they benefit from the long term operation of EPF account 3, similar to stocks like BJF, PHKONG? Interested to find out!

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2 months ago | Report Abuse

Congratulations another milestone! Spritzer might just make it to the world stage in future!

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2 months ago | Report Abuse

Oh there we have our favorite clown is back! Crash? By that time we already done TP and ready to buy back in la clown. Never heard of TP meh? Oh, true also. Clowns never do because they only know how to make us laugh.

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2 months ago | Report Abuse

It's our fault. Simple as that. He obviously gave us a big clue by commenting on counters that will rise. He previously commented on KPS long before it shot up. Then it did. He commented on ANEKA long before it shot up. Then it did. Now DANCO showing signs, maybe it will, maybe it won't. But he definitely gave us hints already, just that we did not all in because we scared.

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2 months ago | Report Abuse

I have a theory, as to why he keep lamenting DANCO

I think he usually trade in China market, China green = Bad, Red = Good. That's why he's high AF.

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2 months ago | Report Abuse

Eh how come he no come comment today?

But today no one choi him lar cuz all TP here awhile go join glove frenzy while he still crying I think, our side here got tissue ah?

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2 months ago | Report Abuse

Today bought in some after TP, rinse and repeat, now I can go for another long walk

While laughing at the clown of course

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2 months ago | Report Abuse

See you next week roger3210, I even laughed 30 minutes earlier so you got extra 30 minutes to conjure up new excuse.

Oh wait, you've been reusing them since 2022 anyways.

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2 months ago | Report Abuse

AHAHAHAHAHAAHAHA LOL

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2 months ago | Report Abuse

That's a good question, if you are holding DANCO shares, I suggest that you add that into the questionnaire during coming AGM.

Otherwise, you can let me know, I can include that on behalf. But based on the guesses and referring to the recent QR, the MTL Engineering do provide ventilation related parts (HVAC), but whether it is supplied specifically to data center or not, this I am unable to give a certain answer.

My intrigue now falls more on JusEV's and UTC's development, if you are talking about data centers. This is because UTC is majority focused on electricals and not too much light has been shed on the business of UTC apart from JusEV which has more light. Hopefully during this AGM we can get some answers from the Directors on UTC's business operation and allow us to establish some form of association whether UTC will stand to benefit on data center developments in Malaysia (which according to NST/FMT, plenty of overseas do have potential investors coming in).

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2 months ago | Report Abuse

He already asked everyone to mark his words since 2023 and even earlier.

Say crash until today makin crash makin high. Did it crash? Didn't see anything happen.

All I kept seeing is false information, misleading points and trolling. If the admins wish to see more of these behaviors, by discreetly permitting these, then we can troll around without repercussions too. i3 can start to then rot like the rest.

At first I thought he might be legit but then no, by choice it seems like there's a troll. No objective and factual points, only crash here crash there, also can go bemoan and cry to admin report me. But its alright, I already file complaint. One step at a time towards IP ban.

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2 months ago | Report Abuse

Learner68

not bad today... keep it up!!! 0.55 probably a good short term target, of course who doesn't want positive surprise from their coming QR.

you just have to scroll up to see who doesnt want positive surprise from qr

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2024-04-09 15:15 | Report Abuse

congratulations! another tp milestones reached!

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2024-04-09 09:33 | Report Abuse

GUESS WHOS BACK!

THE MASTER OF DOGGO!

i have been here since the very beginning, tending to my doggo at home, my doggo sometimes is abit crazy, but after all my doggo is good watching the house for me while i am not around

anyways, back to danco, the economy has been on the brink of recession only to be stopped by stimulus, companies with nett cash / excellent gearing ratio will fare better compared to those with high borrowing and poor gearing

while other companies are shrinking due to higher borrowing costs, danco is out and about hunting for new acquisition; hopefully can finalize the deal with charging component maker and more importantly, the hEV charging component maker :)

i admit i might not know much about other companies, but with danco, i have been here long enough that i am striving to be a substantial shareholder

:) cheers to all investors here, danco might be lagging behind in share price, the management might be slightly old fashioned, but its track record will talk more than a doggo master ever will

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2024-04-01 17:13 |

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