Result came out, this Q's EPS is -0.03sen (a slight loss). Its PBT is ~RM1.1mil, but the tax expense is as high as ~RM2mil, resulting the Profit After Tax (PAT) turned to red at ~-RM0.88mil... I wonder why the tax rate is so high for this Q ? Anyway, the long term loan has reduced siginificantly in this Q, and we should see significant reduction in finance cost in Q4.
You are giant of man to hold the share for so long. Your persistence is admirable . I appreciate your guts. Never give up attitude is remarkable . With such a loss how can you laugh and be positive Mr.Maximun 1234. I want to be like you : BRAVE.
Daya is a good share. The quarter loss is due to high tax implementation. With gst relief next year on shipping and oil platform, daya can save even more.
Old Nathan is gone for good because he failed in offshore investment. Luckily they sold the offshore maintenance unit fast enough. I have 30 years in marine sectors I understand the risk of investing in this type of company. You required a lot of fund to maintain the unit and the salaries of the employee. Most of the work done on the unit required manual skilled workforce and can not replaced by automation as in factories. The return payment is slow and usually dragged to a year or more. Let see the next quarter result. If they make money, price can go 0.15 or more and if they failed then it will maintain at 0.065 - 0.07. so sapu at 0.065 if it drop.
Faizs hope you're correct. Who knows what will happen. They say it is political counter. It has to go up they say before election. This is what I heard. If info is valid it is by CNY. Price ?????!?
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Posted by Jayanavan > 2017-11-21 23:40 | Report Abuse
Finally Daya on.move. Tomorrow it is going to climb higher . D day for everyone.