Posted by pzul > 2014-03-24 19:20 | Report Abuse

ok..ok.. wait n see..the challenge is to close at 0.345.. guys whats the TP? have any idea?

Posted by Hairol Azhar > 2014-03-24 20:35 | Report Abuse

Yeah Lorr!!! What is their TP?

Posted by leslieroycarter > 2014-03-24 21:15 | Report Abuse

lai liao.....n ho she liao !

Posted by tlbeng > 2014-03-24 21:16 | Report Abuse

TP should be at least 38.5 cents since some of the investment fund company entered at that price.

Posted by pzul > 2014-03-24 23:38 | Report Abuse

my TP 0.36 at the moment.. hope can achieve end this month..

Posted by John_Revolver > 2014-03-25 03:26 | Report Abuse

SMART Trader

Daya – O& G Target Analysis

Current Price - 0.335
Correction Target Price - 0.315
Long Term target - 0.595

Daya is one of the cheapest counter linked with O&G which has met the correction target of 0.315. In the Long term it is still in uptrend with Mid Term target price at 0.595. Currently the volume is picking up indicating syndicate is in play for this counter.
Can accumulate between 0.315 to 0.335. Currently trading at 200 days MA, next resistance is at 0.475
With the momentum of the CI and other O&G counters this counter is considered laggard and should play catch-up soon.

Posted by Joel > 2014-03-25 10:22 | Report Abuse

Good posted , John_Revolver !!!

Posted by morivae > 2014-03-25 11:37 | Report Abuse

TP: 0.345 by end month, too much roadblock ahead...Daya need some positive news to spur up the investor interest....

Posted by MERAHMILANO > 2014-03-25 12:15 | Report Abuse

Bro,Daya ni bukan ke ade beli aset Sumatec ke??ad sape2 tau?huhuhu..ke ade link JV bisnes ngn Sumatec?

Posted by FullTime > 2014-03-25 14:12 | Report Abuse

WHEN RIGHT ISSUE ?

Posted by tlbeng > 2014-03-25 16:29 | Report Abuse

based on the trading record, 3,000,000 units @ 0.33 gone within 10s. It's safe to assume that there're at least 2 person collecting at that price. (the 0.33 asking price was already there for half an hour, someone just collect all of them at that price). Stay tune :)

Posted by pzul > 2014-03-25 18:03 | Report Abuse

maybe baton passing.. hope the baton can reach 0.36..

Posted by sosfinance > 2014-03-26 08:43 | Report Abuse

Just read the Public Investment report and Starbiz article published in this forum. I am new to Daya, saw the chart, up and down like a mountain. Can anyone who know this stock well clarify:

(a) The two OSCVs, have they fully paid? Are they raising money now for the purchase? How can they deploy the ship in Feb when they haven't fully paid for it? What is the range of PAT margin for this biz? Is Daya new to this biz or hv experience running this OSCVs? During the first 10yrs, the company will need to amortise the OSCV, say, 10%, this will be RM95m. What is the % of loan? Say it is 70%, loan will be RM650m x 8% = RM53m p.a., What about operating cost over revenue? With such high operating cost, on depreciation + interest, what kind of profit margin like.

(b) Daya has RM1.5bil order book, what type of margin and how long? Is this the first time they have such a high order book. The company market cap is small, do they need to raise money to complete such huge order?

© with such are super OUTLOOK, why Public Investment only project it to be 47sen, actually upside is not a lot.

Posted by wanshare > 2014-03-26 11:59 | Report Abuse

@sosfinance. You have a lot of questions. If you really want answers and interested to trade in this counter you should access the co. Website.

Posted by kengfp > 2014-03-26 12:02 | Report Abuse

if my chart reading is correct....Daya might shoot up soon. MACD, RSI and KD indicators are looking good. :)

Posted by pzul > 2014-03-26 12:24 | Report Abuse

Yes..my chart also got signal.. this investment.. sory to say i just got 9% per year return from bank.. this much better.. cannot get more than 10% in 1 year? My tp is 0.365 before march next year..is it not realistic?

Posted by tlbeng > 2014-03-26 13:09 | Report Abuse

@sosfinance
a) they're currently renting the vessel, they don't own the vessel
b) should be around 10 years, couldn't remember that much, they're sub-ing the contract from SKPetro
c) That's just the short-term goal for Daya, they're still bidding for other project. I believe Public Investment will readjust their TP on this once Daya's Q1/Q2 financial report is out, as it will show how Daya execute their O&G project.

Posted by Joel > 2014-03-26 13:19 | Report Abuse

Daya is good to invest too in OG business!!!

Posted by KIMI06 > 2014-03-26 14:32 | Report Abuse

daya...good...hahhahah

Posted by morivae > 2014-03-26 18:11 | Report Abuse

I had a Question which I found after going through all the company announcement but still can't find my answer to it.

1)DOC which is the subsidiary that clinched the technip contract, when did Mark Midgley(ex-CEO of DOC) left the company?
2)Mark midgley which owned 20% of DOC, had he been fire on any reasons?
3)How come Daya had not make announcement regarding the departure of one of the key personal of its subsidiary which going to contribute more than 50% of the company profits?

Posted by Tuakong61 > 2014-03-26 19:39 | Report Abuse

For daya board very simple small O&G contract announced to the world. Major impact to financial will keep quiet. Like @morivae comment Why no announcement?

Posted by Tuakong61 > 2014-03-26 19:43 | Report Abuse

Daya executive members are share manipulator. The trading volume is on their hands. Just observed the trading pattern at the last minute push up the price.

Posted by Tuakong61 > 2014-03-26 19:46 | Report Abuse

Browse thru the details of the financial reporting for the past 2 years, profit mainly not from O&G but from others TS division. It looks to me the numbers been massaged to suit outsiders.

Posted by Tuakong61 > 2014-03-26 19:55 | Report Abuse

Selling DAYA is the right choice. From the forum u can feel lots of management problem. Court case keeps pop out. Projek cost over run. Projek delay more than 7 months in sungai besi. Daya only want to make share duit.

Posted by tra14 > 2014-03-26 20:49 | Report Abuse

Morivae, let me share my knowledge.
1) Mark left the co somewhere in Jan/Feb
2) Reason, he signed the the deal with SBM Offshore without board approval
3) This part, i dunno. Previously, the co also sacked Ceo fr TS division - if u remember the IOI mall issue. Didnt make announcement either.
Additional info
- Mark was replaced by an Aussie guy who do not have share in DOC
- 1Q result gonna be VERY VERY bad due to both vessels not charter out
- Internal/mgmt issue - too risky to invest in this co

Posted by morivae > 2014-03-26 21:59 | Report Abuse

I saw the latest announcement about the legal case then only I notice Mark no more with the company, now DOC was handled by James Klopper whom are promoted from COO position. I'm just worried that with Mark leaving the company would have bring some effect to the company, but atless with James still stay on to grow the company which is some consolation to the company.

Hopefully the company would still able to squeeze more O&G contract from Technip since James was part of the parties that nego for the contract

Posted by tra14 > 2014-03-26 22:41 | Report Abuse

forget this stk...move on to others..i.e Alam - trading at cheapest single PE of 9x

Posted by Tuakong61 > 2014-03-27 14:48 | Report Abuse

Reviewed the past Public IB report back in oct 2013 claim that SD1 chartered out October/November 2013. Questions why chartered out still losing money? Looks like DAYA has big hole to cover.

Posted by dinos > 2014-03-27 15:05 | Report Abuse

i think this counter doing bungee jumping at least to 0.15 - 0.18 soon ??? only climbing back which no one knows

Posted by morivae > 2014-03-27 15:31 | Report Abuse

SD1 is chartered out for October - November(one month) only to Allsea, and then only it would start the long term contract with Technip on April 2014. So in between there's a gap of 4month (November - February) which SD1 would remained un-utilized and not generating extra income for the company

Posted by Tuakong61 > 2014-03-27 21:48 | Report Abuse

SD2 sleeping?
Heheh good biz operandi work 1 month REST for 3 months. Good luck to Daya shareholders.

Posted by Tuakong61 > 2014-03-27 21:54 | Report Abuse

Cost is running n hurting.
I guess for such vessel mooring cost, staff cost , leasing charge is very heavy. Better sell first before price to drop further.

Posted by 31153115 > 2014-03-27 21:57 | Report Abuse

fund raising very soon guys!!!!

Posted by pzul > 2014-03-27 22:34 | Report Abuse

A lot information guys.. thank you.. very useful to make decision..

Posted by SJaladdin > 2014-03-28 11:00 | Report Abuse

run!big volume throw @ 0.315!

Posted by cipapo > 2014-03-28 11:14 | Report Abuse

sudah bungkus

Posted by SJaladdin > 2014-03-28 11:52 | Report Abuse

bungkus lagi, tambah telur

Posted by cipapo > 2014-03-28 12:12 | Report Abuse

sudah basi ni.....siapa beli..semua trap..

Posted by SJaladdin > 2014-03-28 12:14 | Report Abuse

run before it too late.. later become ikan bilis

Posted by shpok4574 > 2014-03-28 14:48 | Report Abuse

Any target price if further downwards

Posted by cipapo > 2014-03-28 14:53 | Report Abuse

target price will be revised..looking at the situation now already ended Q1...most likely posting another loss...and shares will go below 0.30

Posted by shpok4574 > 2014-03-28 14:59 | Report Abuse

any technical rebound?

Posted by ryan7642 > 2014-03-28 15:00 | Report Abuse

wow good point to enter again yea buy in 0.31^^

Posted by cipapo > 2014-03-28 15:00 | Report Abuse

technical rebound should be below 0.30...because it has been hovering around 0.325 and 0.320...not a good sign..

Posted by shpok4574 > 2014-03-28 15:04 | Report Abuse

depends on the big boys now

Posted by ryan7642 > 2014-03-28 15:19 | Report Abuse

who know will sudden shoot up 0.34 again:)

Posted by shpok4574 > 2014-03-28 15:21 | Report Abuse

so far distance to shoot up 0.34. many blocks

Posted by ryan7642 > 2014-03-28 15:43 | Report Abuse

erm hard to say lo last wk i notice also feel like kinda impossible who know it shoot up 0.34 n i was shock cos let go at 0.33 lolll@@ anyway now grap back at lower price so shd be fine for me:)

Posted by tlbeng > 2014-03-28 23:22 | Report Abuse

lol someone just goreng @0.315 then others kena panic attack and follow the wave to sell, those who disposed @0.310 is either ikan bilis got scared off or big shark :D

Posted by ryan7642 > 2014-03-29 09:55 | Report Abuse

next wk TP 0.34 again^^ so far wat i can see Daya trending is ard 0.305-0.345 (trend haven change much yet) so dont get scare by the shark who goreng down 0.305-0.31 n up to 0.32 so suggestion just buy watever below 0.32!!