Posted by NoPlayBall > 2018-03-07 06:43 | Report Abuse
Always a convincing read, but is it any surprise, DBE's directors are buying into their dying company ? can always use as a pump n dump operations later.
Caveat emptor , let the buyer beware ! greed of easy money in stock market , is often the cause of much misery , as often people only see what they want to see.
Prudent investors should just avoid such high risk, gamble companies as DGB, DGSB, DBE.
The long term future/viability of DBE, to go into its own fast food business, is very much in doubt.
Invest based on fundamentals of solid earnings companies is a surer bet.
Posted by calvintaneng > 2018-03-07 09:15 | Report Abuse
Good morning
BILLC,
DGSB SHARE HOLDERS AND INSIDERS HAVE DUMPED THEIR HOLDINGS AND RAN FOR THEIR LIVES. YET DGSB COULD STILL GO UP?
LAST TIME MEGAN MEDIA WAS TOUTED AS A GREAT STOCK AND JUMPED TO I THINK RM2.00
DIRECTORS AND INSIDERS SOLD ALL. LATER IT WAS DISCOVERED THAT ALL THE ASSETS WERE FICTITIOUS. RECEIVABLES WERE COOKED UP. EVEN THE FACTORY THEY BOUGHT WERE NON EXISTENCE. MEGAN MEDIA LATER GONE BANKRUPT.
I CANNOT SEE BUT IF SO GOOD INSIDERS WOULD NOT HAVE DUMPED AND RUN
Posted by calvintaneng > 2018-03-07 09:17 | Report Abuse
YES NOPLAYBALL
YOU ARE CORRECT. BETTER BUY WELL PROVEN SHARES WITH SOLID GROWTH STORY.
DBE COULD BE ANOTHER PUMP AND DUMP NOW ENGINEERED BY INSIDERS. SO ALL MUST BE VERY CAREFUL.
SINCE INSIDERS ARE STILL HOLDING FROM 3.5 SEN TO 7 SEN COST I THINK THE DANGER IS LESS.
BUT BETTER GO FOR A SOLID GROWTH STOCK LIKE TA.
Posted by calvintaneng > 2018-03-07 14:48 | Report Abuse
AGAIN DBE HAS REAL BUSINESS SINCE ITS ONE YEAR REVENUE WAS RM111 MILLIONS
ONLY PROBLEM WAS ITS LOSSES DUE TO
CHICKEN BEING A PRICE CONTROLLED ITEM.
AND ITS COST ESCALATE DUE TO WEAK RINGGIT AS FEED STOCKS ARE IMPORTED IN HIGH FOREIGN EXCHANGE
SO THERE IS A REASON FOR LOSSES.
NOW WITH STRONG RINGGIT IMPORTS WILL REVERSE AND BE CHEAPER. SO SHOULD BE BETTER FOR DBE
AND DBE SCRAPPED SUPPLY CONTRACT WITH QSR DUE TO LOW MARGINS ALSO GOOD.
NOW CAN GO FOR HIGHER VALUE SALES THROUGH HARUMI
OF COURSE LIKE ALL OTHER NEW BUSINESSES THERE IS ALWAYS A RISK.
NOW INSIDERS HOLDING COST IS 7 SEN TO 3 SEN. SO IF INSIDERS ARE STILL BUYING DBE HAS A 50/50% CHANCE. MUCH BETTER THAN PUMP AND DUMP STOCKS HIGHLY INFLATED WITH NO FUNDAMENTAL AT ALL
Posted by prc4wifefe > 2018-03-09 09:15 | Report Abuse
DGSB bough by Insas...So Insas lost their mind!!!!
Posted by sandrakkc > 2018-03-09 15:34 | Report Abuse
Calvin, how much you think DBE could go up to with the property development business?
No result.
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Posted by king36 > 2018-03-06 05:19 | Report Abuse
V Good.
Thank you Calvin.