Posted by prc4wifefe > 2018-03-07 20:40 | Report Abuse

huhu...share buyback

Posted by prc4wifefe > 2018-03-07 20:41 | Report Abuse

100 shares...clap...clap

Posted by sedonaal > 2018-03-07 22:23 | Report Abuse

It’s not a buy back, on the contrary a capital reduction results in a dilution of your current shares for example 100 shares becomes 10

Posted by Dennis NP Lee > 2018-03-07 22:56 | Report Abuse

Conman counter !

Posted by sedonaal > 2018-03-07 23:22 | Report Abuse

It’s not the company, it’s the crooks in the management

Posted by sedonaal > 2018-03-07 23:25 | Report Abuse

Whatever regularisation plan the BOD comes up with will be beneficial to the principal shareholders and not the investing public

Posted by sedonaal > 2018-03-07 23:25 | Report Abuse

That’s why they are corporate crooks!!!!

Posted by prc4wifefe > 2018-03-08 08:38 | Report Abuse

mana itu capital reduction announcement??

Posted by sedonaal > 2018-03-08 16:19 | Report Abuse

Will be capital reduction + issuance of new shares for injection of new business

Posted by bpng0904 > 2018-03-08 18:09 | Report Abuse

Sedonaal, how can you be so sure that it is gonna be capital reduction + issuance of new shares for injection of new business?

Posted by sedonaal > 2018-03-08 19:06 | Report Abuse

How else to recover & get out of PN17

Posted by sedonaal > 2018-03-08 19:07 | Report Abuse

They have to dilute existing shareholders so new party coming in will end up with very substantial & meaningful controlling stake

Posted by sedonaal > 2018-03-08 19:14 | Report Abuse

Either that or calling up fresh cash through placement but won’t be considered regularisation plan, anyway who would want to take up placement shares in a almost bankrupt co., already more than 2B shares issued ifissue another 1B shares at 5s only 50m cash which doesn’t really improve the financial position much. Furthermore by issuing new shares the share price will drop further to account for the dilution effect of the enlarged share cap.

Posted by prc4wifefe > 2018-03-08 19:41 | Report Abuse

looks like u v concerned lo

Posted by sedonaal > 2018-03-08 20:48 | Report Abuse

My block stuck from 12s

Posted by sedonaal > 2018-03-08 20:49 | Report Abuse

Too late to sell, almost nothing left. Hoping for some rebound to 6s to unload

Posted by Behtahan > 2018-03-08 21:50 | Report Abuse

Look like 2 cent coming

Posted by bpng0904 > 2018-03-08 22:47 | Report Abuse

Sedonaal, don't get so angry, i believe a lot of ppl are just like you. There are many ways to get out of PN17, i did not study Daya financial statement in details, so i cant comment much on Daya. However, i know there is a company using "revaluation assets" technique to get out from PN17. The company has assets that do not get revalued every year, so when the company revalues its assets, it can book profit from land/building etc appreciation. These profits indirectly increase the shareholders' equity. If it can increase the shareholders' equity > 25% of initial capital, then it can get out of PN17 status. What you said I believe is the worst case scenario. If you are concern, probably you can take a look at Daya's AR or QR, and see what plan it can come up with. Let's hope for the best, plan for the worst.

Posted by sedonaal > 2018-03-08 23:54 | Report Abuse

They have been fiddling their books for years, they have hardly any assets to revalue ..... only items giving positives to their balance sheets are so called “receivables” which are actually a lot of nonsense, a lot of these will evaporate with time from impairments and LADs from delayed projects and reversal of unrealistic “bloated” claims against their clients

Posted by sedonaal > 2018-03-08 23:59 | Report Abuse

The clever ones bailed out early when the counter was trading in the “teens”, fools like us kept hanging-on hoping for a turnaround ..... wishful thinking :(

Posted by sedonaal > 2018-03-09 00:07 | Report Abuse

I was informed by “reliable” sources with close business dealings with their 51% owned subsidiary DCMT that the recent award of a private hospital project was a last ditch desperate effort to “cloud-cover” their impending PN17 problem. It was at an extremely low price compared to the next bidder and it is expected to be a very problematic project, just look at the details .... 104m value to be carried out over a 33 month duration! That’s only 3m a month, my grandmother sell more from her nonya kuih stall in SS2 wet market!

Posted by sedonaal > 2018-03-09 00:15 | Report Abuse

Take a detailed look at the people running the listed holding co. DMB, bunch of idiots. The same management style filters down to the heads of their subsidiaries, people with little or no experience in running these specific businesses for example the guy running the biggest revenue subsidiary is the elder brother of an ex-director who used to run their family’s spice powder business .... ridiculous and laughable

Posted by sedonaal > 2018-03-09 00:53 | Report Abuse

Look at their chemicals business, all thei top managers packed up & left on short notice following their exCEO who joined a competitor. The BOD doesn’t have a clue on how to retain talent & develop the business to a higher level, they are just crooks milking the co. of millions in salaries, bonuses &benefits despite losing more than 300m in the last 3 F/Y

Posted by Feizal Mazlan > 2018-03-09 11:27 | Report Abuse

Already touched 3 5 cent. 3 cent possible?

Posted by miker > 2018-03-09 11:31 | Report Abuse

0.01 cent also possible maaa

Posted by SIBUK > 2018-03-09 14:13 | Report Abuse

Anything is possible in boosa

Posted by sedonaal > 2018-03-10 08:52 | Report Abuse

Senior key management in their subsidiaries jumping into life-boats to avoid drowning with the ship, NT was forced to leave the BOD by LSF to make way for his nominee TS Lim to have a free-hand bcos of the mess created by the Thams

Posted by sedonaal > 2018-03-10 08:54 | Report Abuse

NT has been siphoning millions from the subsidiaries for years

Posted by Feizal Mazlan > 2018-03-12 13:38 | Report Abuse

Go go down to 3 cent...

Posted by sedonaal > 2018-03-12 16:49 | Report Abuse

Was told more “bad news” coming from their court cases

Posted by sedonaal > 2018-03-12 17:07 | Report Abuse

Impairments of approx 18m from court case for Q1 2018

Posted by Behtahan > 2018-03-12 17:34 | Report Abuse

sedonaal I was informed by “reliable” sources with close business dealings with their 51% owned subsidiary DCMT that the recent award of a private hospital project was a last ditch desperate effort to “cloud-cover” their impending PN17 problem. It was at an


Haha, l also informed by “reliable “ sources said their got big project not yet announcement....haha
Let see who sources more “reliable”........ fly to skyyyyyy

Posted by freddiehero > 2018-03-12 17:55 | Report Abuse

yeah.. lets fly without win

Posted by sedonaal > 2018-03-12 21:36 | Report Abuse

Fly high? Hahaha ..... more like diving downwards

Posted by sedonaal > 2018-03-12 21:40 | Report Abuse

As to the yet to announce “big project”, they are trying to land a high rise condo project in KL. Haven’t they realised that they are not into high rise construction after the disaster of the Central Residence project in KL where they were terminated for their inability to perform and the project was delayed more than a year when the contract was terminated!!!!

Posted by acw2368 > 2018-03-13 02:34 | Report Abuse

包揽1.04亿医院合约 达雅于低位蠢蠢欲动
经济新闻
12/03/201818:34

http://www.kwongwah.com.my/?p=482505

Posted by acw2368 > 2018-03-13 02:43 | Report Abuse

Sizing up DAYA MATERIALS BERHAD (0091.KL)’s Weekly Performance, Moving -22.22%

https://arcadiacaller.com/sizing-up-daya-materials-berhad-0091-kls-weekly-performance-moving-22-22/56922.html

Posted by Ivy Che > 2018-03-13 12:28 | Report Abuse

mean still can hold

Posted by prc4wifefe > 2018-03-13 15:47 | Report Abuse

sedonaal...tiap hari angst....just sell ur shares lah

Posted by sedonaal > 2018-03-13 22:35 | Report Abuse

NTA almost zero

Posted by sedonaal > 2018-03-14 10:41 | Report Abuse

Sell, sell, sell ....... ship sinking, prices will plunge to 2.5s

Posted by sedonaal > 2018-03-14 10:43 | Report Abuse

LSF (largest shareholder) will inject his submarine cable laying business but b4 it happens he will want Daya to drop more so more shares issued to him

Posted by sedonaal > 2018-03-14 10:51 | Report Abuse

Sell at 4s now buy back at 2.5s

Posted by Feizal Mazlan > 2018-03-14 11:55 | Report Abuse

Better buy after ex-date.

Posted by sedonaal > 2018-03-14 12:06 | Report Abuse

Looks weak, can’t seem to break out of the 3.5-4s limit ...... margin-call/force-selling will crash it to 2s

Posted by acw2368 > 2018-03-14 13:02 | Report Abuse

Trading vol for entire morning is only 1.7m which is relatively low, and this means many share holders decided to hold rather than sell. I would opt to hold and buy more to keep as I see potential revenue in the coming quarter results.

Posted by sedonaal > 2018-03-14 13:39 | Report Abuse

Q1 expected to be weak due toimpairments from court cases

Posted by freddiehero > 2018-03-14 18:00 | Report Abuse

revenue is real

Posted by sedonaal > 2018-03-14 23:55 | Report Abuse

Corp entities exist to make profits and add value to shareholders, both missing here

Posted by sedonaal > 2018-03-15 09:44 | Report Abuse

High volume on open, margin call