Thxs mililia 4 sharing d info. Cd b useful 4 d ill-informed to make decisions. Have seen in other threads where forumers juz wrote loads of trash n hit at each other, esp when d prices didn't meet their expectations.
Well crude oil just slide down even more because OPEC refuse to cut supply. But the beauty of Daya is it is not subject to oil price. The reason for it was because they have secured 7 years contract for SD1 and SD2 and the chartered rate are mainly agreed with inflation rate adjustment annually. That said sentiment for all the O&G maybe affected. But it's an opportunity to collect if you have extra cash.
I don't think Daya will be affected much cause it has not recover at all from the previous sell down. But who knows? Too tired for Part 2, I shall reserve it to tomorrow or Sunday. Happy trading.
The management is supporting the price so that minority auntie & uncle will subscribe for the rights issues . But once the rights is listed & the stock price will fall below 0.10
I'm sure skybursa is a shareholders for Daya or someone who is very passionate about O&G based on his previous posting. I don't see how and why shareholders who will eventually subscribe/pay for the rights willing to dump the share all the way to RM0.10. You are paying for rights then you dump the share. What is the logic?
That said, any weakness in share price for Daya (if any) is not a surprise? Why? Because investors would cash out from mother share and buy the warrant to benefit from the leverage effect. Warrants are leveraging tools, so if investors believe in the fundamental of the company, especially in the long run should hold warrants. For Daya case, it is especially true because, to me, Daya fundamental is strong and share price at its trough. So imagine how much one can make if the mother's share price re-rate?
There had been too much court case haunting this counter, especially with the latest claim from SBM on the cancellation of the purchase deal. I think it's time to review whether should I hold on to this counter or just cut my 30% lost....
Those who think I'm wrong , can keep up buying if you want ignore a bear market which bashing oil& gas related stocks. No more money , go & borrow from ah long.
KUCHING: The recent conclusion of the Organisation of Petroleum-Exporting Countries (Opec) meeting yesterday without cutting production quotas has led analysts to anticipate the worst for crude oil prices this year as they predict a further slide until December.
Analyst Kannika Siamwalla from RHB-OSK’s regional division yesterday expected, at worse, another 10 to 15 per cent slide – which would drop prices to US$65 to US$70 per barrel until year end.
“Over the next 12 to 24 months however, we expect to see the range of crude oil prices rise to US$90 to US$100 per barrel, with the first quarter of 2015 (1Q15) being the lowest period,” the analyst added.
“We also anticipate crude oil prices to pick up again in 2H15.”
I HOLD FROM 0.39...TILL NOW THE PRICE 0.165...I FEEL THE DAXX FXXXXXX DECREASE...BUT I WISH THERE'S A MIRACLE SOON..DON'T WORRY..RAINBOW ARE EVERYWHERE!!
Reference is made to the announcement on 22 August 2014, 25 September 2014 and 1 October 2014 in relation to the Proposals (“Announcement”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement.
On behalf of the Board, HLIB wishes to announce that the Board had on 9 December 2014 fixed the issue price at RM0.165 per Placement Share. The issue price of RM0.165 per Placement Share represents a discount of approximately RM0.0170 or 9.34% to the 5-day VWAMP of DMB Shares, up to and including 8 December 2014 of RM0.1820 per DMB Share.
English Medium: to make d brain think properly.English medium shd be brought back. All subjects in english wt a compulsory pass in BM.DPM baffled why graduates can't spk english n talking of of so many blueprints n thinking of introducing 8-4pm to increase hrs in english subjects.Students may turn mad n may get confused.Why so stubborn bring english medium back.Now rich sent to private schools n others to vernacular schools (VS) double standard going on in d country...disgusting? There was talk of abolishing VS.If I am d minister i bring back english medium n do away wt VS to be fair to all.A student spends 11 yrs in sch n 3 yrs in college but cannot talk.Childs time,parents money n Govt funds into d drain its a shame of course! English speaking parents shd speak english to their kids.Vocabulary cannot be taught it comes by continuous talking.Selection of teachers for training shd select students who speak fluently in english not by skin colour.With all d support Govt gave d Mala...but d "end doesn't justify d means"...becoz no english so they r frustrated so jealousy sets in, which is natural. I give one example during my tenure I employed a few kampong mal....girls some after SPM while some from M...college dont know a word of english n d entire admin in english.After teaching them d work they become excellent, very good but english ruin their promotion n politicians r d culprits.If Eng... had been maintained Govt will hv less headache.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cbtan109
23 posts
Posted by cbtan109 > 2014-11-27 22:16 | Report Abuse
Thxs mililia 4 sharing d info. Cd b useful 4 d ill-informed to make decisions. Have seen in other threads where forumers juz wrote loads of trash n hit at each other, esp when d prices didn't meet their expectations.