Institutional short seller has a period of 1 year to buy back the shares.

However, the maximum number of share they can short sell is 10% of issued share.

Which in the case of Armada shall be around 500M shares.

Yesterday itself, the number of short sell shares is 116M... and the day after the loan secured... the short shell share is over 100M as well.

And, i heard that the short seller also short sell at the time of last quarterly results announcement but failed.

I think that very soon, the short seller cannot short sell anymore as it will hit the 500M shares.

And, that is the time, Armada will fly and the short seller has to buy back to minimize the loss.

To those who posted negative comments on Armada mainly high debt on Armada - Yes, Armada has high debt, that is why you can still buy in very low price, rm 0.22 now. Otherwise, it was about 80 cents about 1 year ago. The current price already over-price in all the negative parts.

The important thing is Armada is on the right path for recovery.
1. Secured the loan for extending payment to 2 - 5 years.
2. Start to secure more contract which will contribute to revenue and profit later.
3. Ananda Krishnan is the boss of Armada.
4. EPF keeps buying Armada.
5. Cold eye bought 30M shares.

This is ridiculous.

After awarded contract, IB gives lower TP for Armada.

Might well not to secure contract.

yup... buy more... just top up 50,000 shares.

According to Bumi Armada annual report, Cold eye (Fong Siling) owns 30M share, being the top 30 shareholders.

Agree. Big shark is collecting... very obvious

4pm coming... IDSS seller will start buying soon.....

Congratulations to everyone who holds Dayang.

Well done!

I wonder who queue sell 2M shares at 1.40 and 1.41 to prevent Dayang from going up.

Stock being cursed by IBs - Dayang

Go check every quarter results in past 5 years, you will find out all quarters got profit...

If you believe that next quarter results will be good, it is the golden opportunity to accumulate now.

Once the good results published, the downgrades by IB can't stand by its own

Naim

1. Own 2500 acre land worth rm 0.83 per share. The value was calculated based on book value, rm4 per square feet. Not yet adjusted to new appreciated value.

2. Own 26% dayang that worth naim rm 0.60 per share.

We have not added in the value of its construction sector and property development sector which they have Pan Borneo highway project, NAIM already worth 0.83+0.60 = rm 1.43.

You tell me what is its value after add in the value of construction sector ?

Agree with you, Pang72.

Share price for EPS 8 cents per quarter shall be at least rm 2.00++.

Simply because PE 10, it's TP rm 3.20 based on 4 quarters EPS 4x8cents

How to judge if a stock price is expensive or cheap?

When Sapura dropped 70% from rm 4.85 to rm 1.46, can we says its cheap because of 70% drop ? You should know the answer as today Sapura share price is only 0.34

And, When Dayang up 200%, can we say its expensive?

Always use PE to judge if it is expensive or cheap... PE 10 is one of the guidance that used by most of Sifus including Warren Buffet, Cold Eye, etc.

Oil & Gas stocks theme play now.

You might notice some of the loss making oil & gas companies already retreat to its origin after profit taking.

A lot of investors also sold Sapura after their latest quarterly result which shown huge operating expenses. And, what stock they will buy?

However, there is a few profitable oil & gas companies still very hot and trying to move high, amongst them including Dayang, Naim, Penergy, Carimin.

Oil & Gas stocks theme play now.

You might notice some of the loss making oil & gas companies already retreat to its origin after profit taking.

A lot of investors also sold Sapura after their latest quarterly result which shown huge operating expenses. And, what stock they will buy?

However, there is a few profitable oil & gas companies still very hot and trying to move high, amongst them including Dayang, Naim, Penergy, Carimin.

Good morning, everyone.

I think the best way is 3 IB, KYY, retailers like you and me start buying Dayang to push the price higher on Monday.

That will be win win win situation. If the price is pushed to 1.80 and above, everybody win, nobody lose.

3 IB happy, KYY happy, retailers happy.

With the EPS, 4,5,10 cents, Dayang price at 1.80 above is sustainable.

No matter it is IB issued article to collect at low price, or KYY collect at low price. It will eventually go up based on its intrinsic value, PE 10, rm 2.40

Don't look at the price movement, it could be very manipulative. Please look at company value.

Tired of reading the comments about IB and KYY. Confusing...

We are investing in Stock market.

I will only look at the company only, Dayang.

EPS 4,5,10 cents. Next quarter assuming 5 cents (conservative)

Total EPS is 24 cents. My TP is PE 10 and Dayang share TP rm 2.40

Don't confuse yourself and Don't focus on IB or KYY.

We are retailers, small potatoes comparing to IB, KYY.

There is no point talking about kyy or ib anymore, we shall look at the company fundamental, study its financial report and future prospects.

Then we shall have our own TP... Not kyy tp, not IB tp.

Hi KYY, Tan KW, JJchan,

Would it be possible the 3 IB short selling Dayang ?

They didn't buy Dayang and when Dayang went up so much, they took advantage by short selling it and buy back at low price later?

I understand that the short selling will be suspended if the share price drops 15 percent. Last Tuesday, the reference share price was 1.62 and dropped to close at 1.38... coincidentally, the 24 cents dropped is exactly 15% of 1.62

Bank Negara Malaysia limited the max short selling share is 10% of company total number of shares. With the last 5 days transacted volume and assuming 30% were short selling, after my calculations, they should have finished use up the max 10%, and not able to short sell anymore.

Ron90.

When Carimin dropping... did you see KYY issued any article?

The answer is "NO"

Have you ever thought who is the seller these few days since Monday ?

With so many millions shares sold down, it cannot be only you and me, or only retailers.

So, who is it ?

IB? KYY?

Cannot be KYY. He is still promoting Dayang everyday. At his age of 86, and a rich man. People very very rich do care on their reputation, rather than money. He won't sell down while promoting it.

IB is the culprit.

And, why IB sold down ? 2 possibilities.

1. IB took profit. Since Monday, already 3.5 days, about 300 millions shares changed hand. They should have almost finished selling their shares. This will be the case similar to KWAP selling Dayang last time. Once they finished selling, Dayang will sky rocketed.

2. IB sold down to buy cheap. Yes, they sold at high price 1.50-1.75 and collecting at current level 1.38-1.45

Either 1 or 2. I strongly believe Dayang will go up soon.

It is my 2 cents only.

GrowingRich, agree with you.

Crude oil price continuous going up, US WTI crude oil price just break USD 60 per barrel, and Brent crude oil is now USD 68.5 per barrel

All oil and gas stock will benefited today.

I strongly believe oil price will continuous going up...

Just 8 hours ago... Morgan Stanley posted an article with the title "Trump's sanctions and OPEC supply cuts are about to push oil price higher.

Key point including,
1. Oil market will soon swing into under supply, supporting Brent crude above USD 75

HuatRex, I am just sharing my knowledge with you.

I am a old folk with 30 years experience in stock market.

You do not need to buy. But i hope that you can gain something from my article.

Cool eye always says 'Don't always look at the share price, but company fundamental and value. Share price can be volatile as it is easy to manipulate. However, no matter how, after some time, the share price will move towards closed to company INTRINSIC value.

And the Dayang intrinsic value is rm 2.40 to rm 3.40 now.

Investing in Dayang share, is like doing business with a group of strangers including KYY. With Dayang PE around 5 now. That means every ringgit you invest, you will get full return in 5 years, i.e. double up . Not easy to find a company with 100% return in 5 years.

If Cool eye + KYY fight with IB... Dayang will go up...

RUG is actually come from cool eye's book.

He said that he will buy any stock that fulfilled RUG, and he may be buying Dayang now.

Why we should invest in DAYANG stock? Because it is RUG.

(R) Recovery - Oil & Gas stock recovery.
(U) Undervalued - Its TP shall be rm 2.40 to rm 3.40
(G) Growth - Its passed 3 consecutive months EPS 4, 5 and 10 cents.

Not easy to find a stock which fulfilled RUG.

Paperlane,

I think that if OTB selling, he won't inform everyone la.

It shall be fake... anyone can type Mr.Ooi.

One might says that the EPS of 4,5,10 cents is passed record and doubt if Dayang earning is sustainable. Please read the below


Extracted from Dayang Q4,2018 financial report

Barring any unforeseen circumstances, we are optimistic that the strong earnings trend will be sustainable, premised on our fairly sizable order book of RM3 billion to last us at least until 2023. Notwithstanding the volatility in oil price, we remain upbeat on the company’s future prospects as Dayang has emerged stronger after going through one of the most challenging period over the past few years. We are confident that our balance sheet will continue to be strengthened as the impressive financial performance in 2018 has clearly demonstrated.


Extracted from KYY new article

However, all the 3 financial institutions, including Mr Ooi Teik Bee and I agree that Dayang’s profit for 2019 should be better than 2018.


Extracted from Hong Leong IB article

Current orderbook stands at RM2.9bn including pan Malaysia maintenance, construction and modification (PM-MCM) contracts from different PSCs (production sharing contracts). Apart from existing contracts, Dayang is expected to receive additional lump sum work orders from clients. We understand there are also some VOs that have been carried out last year. All the VO costs have been recognised last year and its profits will be booked in 1HFY19, pending client approval,"


So, what is the conclusion? It is obviously that Dayang 2019 financial results shall be better than 2018.

And, could we expect good results in 1Q 2019 which is to be disclosed in merely 2 months later?

If 1Q 2019 EPS=5 cents (conservative), then PE=10, TP = rm 2.40
If 1Q 2019 EPS=10 cents (very likely), then PE=10, TP = rm 2.90
If 1Q 2019 EPS=15 cents (probably), then PE=10, TP= rm 3.40

Again, it is just my 2 cents.
And, buy at your own risk.

If anyone agree on my opinion posted above, please reply 'Agree, thurston'

One thing I shall share my opinion here,

1. If a no fundamental stock were goreng till high price, everyone shall be taking profit, as eventually it will drop back to its intrinsic value, which is the price before goreng.

2. However, DAYANG is very much different. DAYANG is a good fundamental stock with strong earning 4,5,10 cents in continuous 3 quarters.

3. IB said that it has gone up 200% yesterday. The reason that it has gone up 200% is because its price was extremely low (undervalue) at 60 cents while the company was making loss few years back. And it is moving up towards its intrinsic value now after 3 consecutive improved quarterly results of EPS 4,5 and 10 cents.

4. What is its intrinsic value ? Almost all Sifu in the world like Warren Buffet, Cool eye or KYY use PE=10 for intrinsic value, which means DAYANG intrinsic value shall be rm 2.40 (If the next quarter result EPS is 5 cents).

5. You may check Dayang share price in 2014, the year which it has similar EPS now. Its share price was rm 3.80.

It is just my 2 cents, buy at your own risk.

Dayang is a stock with fundamental and good earning.

Low PE.

Always ask yourself what is intrinsic value for Dayang.

Quarterly earnings 4 cents, 5 cents and 10 cents.

Assuming next quarter only 5 cents EPS. Total EPS is 24 cents per year.

Reasonable price and INTRINSIC VALUE shall be rm 2.40, based on PE 10.

Naim will be shooting up very soon.

Last minutes to buy before it is too late...

Got strong earning and NTA

Who is the stupid guy to queue sell 1M share at 0.555 ? that block the up trend of T7

Joe Beng, I think that it is reasonable to have correction from 1.44 from 1.29 as some investor took profit or syndicate flushed out the weak holders.

The important things are,
1. Continuous 3 improved quarterly results.
2. PE super low. Huge going up profit margin.
3. I think this share can hit rm 2.40 easily... being 50% discount of Target price

And, point no.6 .... Naim NTA is rm 4.71

Reasons I bought Naim yesterday.

1. Continuous 3 improved quarterly results from EPS 3 cents, 12 cents to recently 17 cents.

2. Super low PE now. PE = 2.68 (Current price rm1.29 divided by 12 cents x 4 quarters).

3. Target price = rm 4.80 if PE=10

4. Naim owns 26% Dayang share which recently going up a lot due to super good financial results, EPS 12 cents latest quarter.

5. Naim shall be one of the construction company to be benefited from Pan Borneo highway development.

Just bought Dayang because of the followings,

a. Last 3 quarters EPS is 2 cents, 5 cents and 10 cents (latest). Financial results continuously improving.

b. Low PE=5 now, if we take 5 cents per quarter EPS. One year shall be 20 cents EPS. TP for PE10 shall be rm2.00. Current price is just half of it, big space to increase.

c. KWAP was holding merely 34M shares in end of Monday, before that they sold around 20M share a day. And, by now, they should have just finished selling all their Dayang share.

https://www.thesundaily.my/business/sapura-energy-omv-ink-strategic-partnership-ID476831

http://www.theborneopost.com/2019/02/01/sapura-energy-wins-apac-company-of-the-year-award/

https://www.nst.com.my/business/2019/02/456476/sapuras-weak-shares-temporary-will-rebound-fundamentals-strong

Approved on joint venture with OMV

Congratulations to all

Approved on joint venture with OMV.

Congratulations to all

Anyone attending the EGM please update the approval status for joint venture with OMV

No worry, investment bank won't sell Sapura at below 30 cents, their cost

Hopefully, they will goreng up before selling.

AAX moves up slowly, today may close at 0.24, everyday goes up 0.5 cent