Posted by richardng > 2015-02-13 13:22 | Report Abuse

a lot banker stanby to cook

Posted by Rauffan Raulla > 2015-02-13 15:38 | Report Abuse

3:30pm edy hohoho

Posted by Iron Hide > 2015-02-13 16:40 | Report Abuse

hmm ... where are all the big sharks? not eating up daya?

Posted by aiman168 > 2015-02-13 16:44 | Report Abuse

orang sudah mau cuti lor...

Posted by Iron Hide > 2015-02-13 16:48 | Report Abuse

big sharks went to mitra and perisai, apparently.
Daya they sorta say tunggu dulu laa....

Posted by Winner2020 > 2015-02-13 17:43 | Report Abuse

Big shark come diam diam de....you all bising bising, who dare come....

Posted by mikeann > 2015-02-13 20:42 | Report Abuse

This is a very strange oil & gas counter. All other counters up except this . WHY ?

Posted by skyu > 2015-02-13 21:01 | Report Abuse

dont worry, first grade sampah, ICON can rise kaw kaw, this second tier sampah, DAYA, can rise mild mild too.

Posted by Jason Lim > 2015-02-13 22:15 | Report Abuse

problem is got proposal for RI.... if someone knows what the RI price is, then easier to know pushing or not? If RI 0.10, tak payah goreng liau. Anyone knows who their Banker is? only banker will know the RI cos they have to underwrite the risk...

Posted by Jason Lim > 2015-02-13 22:23 | Report Abuse

mkt float 57%, quite heavy. 3Q results good. 4Q delay liau or about to come out.

Posted by Jason Lim > 2015-02-13 22:28 | Report Abuse

I think it got something to do with Mazlin stepping down..

Posted by Jason Lim > 2015-02-13 22:30 | Report Abuse

KUALA LUMPUR: Datuk Kamaluddin Abdullah and Datuk Mazlin Md Junid have emerged as substantial shareholders of Perduren Bhd, filings with the exchange yesterday showed, following their takeover offer of the property investment company last Monday.

Kamaluddin, son of former prime minister Tun Abdullah Ahmad Badawi and a substantial shareholder of Scomi Group Bhd ( Financial Dashboard), now holds a 9.26% direct stake or 12.5 million shares in Perduren, with an indirect 33.06% stake. Mazlin, former president and chief executive officer of Daya Materials Bhd ( Financial Dashboard), meanwhile, has an indirect 21.79% stake in the company.

Perduren on Dec 8 announced it had received a notice of unconditional mandatory takeover offer from Kamaluddin and Mazlin to acquire all the remaining shares in Perduren not already held by them and persons acting in concert with them for a cash offer price of RM1.60 per offer share.On Dec 8, Kamaluddin, Siva Kumar M Jeyapalan, Trillion Icon Sdn Bhd, Amira Properties Sdn Bhd, Paling Terbilang Sdn Bhd, Intelek Kuasa Sdn Bhd, Mizreen Capital Sdn Bhd and Accentvest Sdn Bhd had entered into eight separate share purchase agreements with majority shareholder TS Law Group Sdn Bhd to acquire 69.3% of Perduren.



This article first appeared in The Edge Financial Daily, on December 19, 2014.

Posted by mikeann > 2015-02-13 22:58 | Report Abuse

Don't forget the private placement just recently was at 16.5 sen. I think the RI should be around this price

Likely this counter will be the last to shoot up soon after all O&G counters are already up.

Posted by Jason Lim > 2015-02-14 17:56 | Report Abuse

This is difficult to say as the Co. proposals had been approved since Dec'14. They are exercising/paying up for SD1 & SD2 already. They just holding the RI cos there is a possible non effect to the mkt price (not interesting price) to the RI. The Rights Issue could be at rm0.10, and 2R + 1Free Warrant for every one share held wld = (rm0.16 x 2) + (R0.10 x 2) = 0.52 less FW0.04 (estimate low) = rm0.48/4 = rm0.12 cost per share after exercise. Someone was right about Daya coming down to 0.11 cents.
This is the worst scenario that could happen.

Posted by Jason Lim > 2015-02-14 18:02 | Report Abuse

otherwise.... better scenario... they cld goreng till around 0.30. = (0.30 x 2) = (rm0.10 x 2) = 0.80 less FW0.08 (low estimate) = 0.72/4 = 0.18 cost per share after exercise. But then, the Co./Directors already collected lots & lots at 0.16 which they could still throw after exercise plus throw the warrants.

Posted by Jason Lim > 2015-02-14 18:07 | Report Abuse

Therefore... to make things simple... when they goreng... take profit b4 exercise... If they don't goreng, the company/directors have to exercise the Rights, which means fork out much more money to exercise and only get break-even play. Good Luck

Posted by Jason Lim > 2015-02-14 18:22 | Report Abuse

Does the above make sense to you guys? correct me if I am wrong, cos company things we may never know which choice they choose to play...... End FEB is coming and Financial results should be out or world oil creeping up and hope they take opportunity to goreng and exercise RI at right time for the good of ALL including the Company. They can drag till Mid year but then they have to pay SD1 & SD2 b4 delivery in July/Aug'15?

Posted by Jason Lim > 2015-02-14 18:24 | Report Abuse

The working capital is too much... can it be used to push/exercise the RI?

Posted by skyu > 2015-02-14 21:08 | Report Abuse

they should have not raise the right issue in forst place, since the cash required to purchase the vessels is not significant.

after rights, the value will be around 0.10. from now till the hype of right issue, the price will be depressed, as sumping process is happeinng now. so, play with all your bullets when this daya comes to 0.10 or 0.11. trsut me, this is how the fucccking shark play.

morale of the story, this blloddy shark love right issue instead of bank borrowing, we can play againts this odd by wait and play. sure win.

Posted by ssboy > 2015-02-15 09:43 | Report Abuse

u mean that after RI the price can be move up?

Posted by ssboy > 2015-02-15 13:32 | Report Abuse

Haha...jz prepare go holland if wait after RI...

Posted by wanshare > 2015-02-16 14:07 | Report Abuse

Big players have been playing this share between .15 and .165. Base on 20% discount the RI should be around .13

Posted by Rauffan Raulla > 2015-02-17 14:03 | Report Abuse

moving or not

Posted by ssboy > 2015-02-17 19:28 | Report Abuse

Rest 1st la...after CNY sure win...Gong Xi Fai Cai..

Posted by Jason Lim > 2015-02-18 10:30 | Report Abuse

they better push b4 RI. Looking at KNM & EcoWorld RI.... sure die if Daya RI is like that

Posted by ssboy > 2015-02-18 12:01 | Report Abuse

Of cause, pls wait.....

Posted by kk123 > 2015-02-22 15:31 | Report Abuse

Rights issue usually is very bad news as its asking money from shareholders
So in the short term this stock may drop further

Posted by goldeneyes007 > 2015-02-23 07:59 | Report Abuse

0.13 ...effect of RI.. hmmm...

Posted by stonenut > 2015-02-23 11:25 | Report Abuse

Cool down daya will fly when crude oil back to normal

Posted by armseven > 2015-02-23 12:16 | Report Abuse

Good day to all wise gentlemen...what do u all think about this stock? Any suggestion?

Posted by mikeann > 2015-02-23 16:00 | Report Abuse

DOWNTREND. Seems like making new low every week.

Posted by stonenut > 2015-02-23 18:43 | Report Abuse

I say just wait for Saudi

Posted by ssboy > 2015-02-23 18:57 | Report Abuse

Before RI sure will fly to push up the price ...

Posted by armseven > 2015-02-23 23:26 | Report Abuse

Will it still going down? Seem like stagnant for a while already...

Posted by IVAN2222 > 2015-02-24 15:09 | Report Abuse

daya got chance to fly up??haiz.....i was holding at 0.39

Posted by Te Yang > 2015-02-24 16:49 | Report Abuse

It is just matter of time for DAYA to fly high again....
The one with most patient wins....

Posted by Ah Ha > 2015-02-24 16:56 | Report Abuse

better sale.. with this market trend... PN17 soon...

Posted by Ah Ha > 2015-02-24 17:31 | Report Abuse

so high volumn but down to lowest... no future lah...

Posted by stonenut > 2015-02-24 18:06 | Report Abuse

Wont pn17... is just the crude oil now very low...
this apply to all oil and gas counters...
You will see daya at 0.30 very very soon.

Posted by ssboy > 2015-02-24 18:21 | Report Abuse

Ah ha,dont talking nonsense here...

Posted by sayakamiyuki > 2015-02-24 18:43 | Report Abuse

With oil price continue to drop. Dunno whether daya share price could drop below 0.10

Posted by mikeann > 2015-02-24 18:54 | Report Abuse

PUBLIC INVEST RESEARCH: DAYA TARGET PRICE 0.25

We thus maintain our Neutral call with a rerated TP of RM0.25 premised on our FY15F EPS of 2.5sen, pegged to a 10.0x PE. We have adjusted our earnings estimates to account for the higher costs going forward. Daya’s performance despite the re-rating, is supported by SD1 and SD2 tied to LT charters coupled with upside from its growing technical services and polymer divisions to meet our FY15F estimates.

Posted by stonenut > 2015-02-24 22:15 | Report Abuse

There will be a day..when daya in explosive mode!!!!!
Tp0.50 for Daya and tp1.20 perisai

Posted by wlun85 > 2015-02-24 23:19 | Report Abuse

@stonenut...since last yr u said daya will fly.. From 28cents until now 14.5cents... Any insider news?? Anything to share will us??

Posted by dragonfruits > 2015-02-24 23:24 | Report Abuse

Coz stonenut fell that crude might fly to 200 perbarrel

Posted by dragonfruits > 2015-02-24 23:25 | Report Abuse

Wait till oldzzz

Posted by ssboy > 2015-02-25 17:40 | Report Abuse

Dont worry this counter...jz timing only...

Posted by stonenut > 2015-02-25 22:06 | Report Abuse

Timing... latet fly cant catch up...

Posted by stonenut > 2015-02-26 11:00 | Report Abuse

Going to fly fly fly!!!!!

Posted by LYH78 > 2015-02-26 18:32 | Report Abuse

Daya lose 46.8 million this Q