Posted by abdulrahim > 2014-05-05 13:04 | Report Abuse

reversal up hehehe

Posted by kiter > 2014-05-05 13:05 | Report Abuse

Can buy now 0.345 support line. Just break up last week .go for short term player but not contra .

Posted by Lucky88 > 2014-05-05 14:42 | Report Abuse

0.340 is coming....

Posted by Lucky88 > 2014-05-05 15:29 | Report Abuse

Ukrainian war is started everybody panic..

Posted by klse007 > 2014-05-05 15:46 | Report Abuse

Gradient line.......trenddown....

Posted by bkwoh > 2014-05-05 16:18 | Report Abuse

http://www.bbc.com/news/world-europe-27280814

Posted by Jonathan Boudville > 2014-05-05 16:53 | Report Abuse

thanks to the 257k @0.345 last call. Price close unchanged

Posted by abdulrahim > 2014-05-05 17:00 | Report Abuse

time to fly. watch the show,

Posted by satumalaysia > 2014-05-05 18:26 | Report Abuse

predict drop to 0.25 next week...be careful...

Posted by beeair2013 > 2014-05-05 18:31 | Report Abuse

Beware of those stocks covered by RHB……………...

Posted by klse007 > 2014-05-05 20:00 | Report Abuse

ya...bear market and go down very shortly due to market tight cash flow....

Posted by Roseflower > 2014-05-06 07:39 | Report Abuse

negativity all over the world....daya takda upaya!

Posted by sleepybryan > 2014-05-06 08:27 | Report Abuse

i wonder why people bother posting negativty when they dont even hold any position, must be sour grapes i guess

Posted by xxxx > 2014-05-06 08:41 | Report Abuse

No, kaypoh.

Posted by davidheng126 > 2014-05-06 10:37 | Report Abuse

Any Opinion for DAYA now? It seems like will be going down further??

Posted by conair99 > 2014-05-06 15:29 | Report Abuse

why sell??while daya is perform soon...

Posted by Hussin Che Aman > 2014-05-06 15:40 | Report Abuse

daya ada harapan ke

Posted by abdulrahim > 2014-05-06 15:40 | Report Abuse

not for contra.

Posted by oily gassy > 2014-05-06 16:05 | Report Abuse

First quarter profit might not be good,however second quarter onwards profit is expected to he good and recurring in nature due to ling term charter agreement with Technip for Siem Daya 1 & 2.If Siem Daya 3 charter materialises than will be much better.These vessels are actually not owned by Daya and therefore margin of profit might be low.Daya is in the process to raise funds to purchase these vessels.Once that happens better profit margin is for sure

Posted by conair99 > 2014-05-06 16:34 | Report Abuse

kekeke agree with you oily gassy~~mid term not prob!!

Posted by abdulrahim > 2014-05-06 17:10 | Report Abuse

long term. then good. got monthly salary then top up slowly.

Posted by Yi Jing Tan > 2014-05-06 20:48 | Report Abuse

Definitely will keep for long term:)

Posted by Eastern_Tea > 2014-05-07 07:33 | Report Abuse

Just wonder why trading volume so huge but the price move very slow? Any idea?
Btw, really love this counter so much...

Posted by smartklseguru > 2014-05-07 10:20 | Report Abuse

Is there a possibility of merger or takeover?

Posted by morivae > 2014-05-07 13:26 | Report Abuse

Not good for short term unless there's some new project secured or any good news that might stirred up the interest but mid to long term bright prospect as oily gassy mentioned. Ready to top-up when the price bottom again

Posted by dr_jogho > 2014-05-07 14:03 | Report Abuse

just last Monday huge volume.. when we recall last weeks for mid term daya is good

Posted by morivae > 2014-05-07 15:32 | Report Abuse

Consider collect again if the price is around 0.315-0.33, consolidate while anticipating for the rally. I'm buying in into this counter and currently it's 25% of my total portfolio.

Posted by softbread > 2014-05-07 18:14 | Report Abuse

does anyone know what is daya being sued?
will it affect the price ?

Posted by zzzzz > 2014-05-07 18:50 | Report Abuse

went up for a day only.....

Posted by Jonathan Boudville > 2014-05-08 11:03 | Report Abuse

yeeah..got to go for long on this.

Posted by olehlehshare > 2014-05-08 11:18 | Report Abuse

what do you think about the quarter report result?

Posted by zKingDB > 2014-05-08 11:53 | Report Abuse

within expectation.... slow positive growth expected. =)

Posted by Jonathan Boudville > 2014-05-08 12:04 | Report Abuse

They've been making losses due to existing projects in progress during the year. That's normal for a construction company. You can't expect a large profit margin for construction companies. Their recent reverse takeover bit, if approve will help them with the CAPEX while they have a large chunk of cash in their bank. RM 68 Mil. The directors have some shares in the company as well. What's the worst case scenario that this company to go bust?

1. They really screw up by inflating profits like the Transmile Scandal years ago which I think is very minimal because Ernst & Young has signed the report and it has been issued at bursa's website on 30 April 2014. Ernst & Young has a good reputation in the industry and very unlikely they would any any crap going on. Being an Auditor with one of the big 4's before, they are really strict when it comes to issues like this- The board has to clear all issues or else we are not going to sign it and if it passes the dateline, we'll be sounding Bursa

2. Even if the stock market crashes, the company still has to proceed on with their projects in the pipeline.

So if you want to go in for this stock, it better be long or go over to genting and have a game of roulette. You'd earn more there than here.

On the other hand there is no going concern issues with the company as they have a list of projects in the pipeline. All they need is cash. with 60 over mil, banks will be willing to loan them cash as their liquidity ratio is about 1.46 which is pretty much fair for this industry.

if you hold on to your position, companies like this will respond favorably to any catalyst and the chances of a rights issue is very high as the company can't pay much dividends owing to it's aggressive growth rate of 85% over a year

Well that's why I'm willing to hang on to this stock. My personal opinion

Cheers

Posted by morivae > 2014-05-08 15:50 | Report Abuse

@softbread: Daya is being sued by Mark Leonard Midgley(Ex-CEO of DOC), the reason he's being sacked due to unauthorized purchase of vessel from SBM offshore without consulting Daya management.

Posted by Jonathan Boudville > 2014-05-08 16:01 | Report Abuse

Which will materialise in what? 3 years? 5years? 10 years? I'm sure Daya has promessional indemnity insurance covered for this, if they do then the insurance company will handle it.
small matter no big deal, unless one of them is under investigation by MACC then i'd have second thoughts on the viability of the business

Posted by softbread > 2014-05-08 17:03 | Report Abuse

thanks for the info !! waiting for the bull to come !

Posted by Aliff Jaafar > 2014-05-09 07:20 | Report Abuse

Hope bull hit 0.350 heh

Posted by dr_jogho > 2014-05-09 09:19 | Report Abuse

when we saw the price target is so higher from now

Posted by dr_jogho > 2014-05-09 10:19 | Report Abuse

maybe today can touch rm0.35

Posted by kengfp > 2014-05-09 11:25 | Report Abuse

up 1 day down 1 day...yoyo macam, testing your patience.

Posted by zKingDB > 2014-05-09 15:40 | Report Abuse

Patient can last more 2-3 months only.....

Posted by Legend > 2014-05-11 00:31 | Report Abuse

hi everyone

Posted by dofazdu8 > 2014-05-12 13:07 | Report Abuse

Hi Legend

Posted by Ring > 2014-05-12 19:37 | Report Abuse

OTHERS DAYA MATERIALS BERHAD (“DMB” OR “COMPANY”) - PROPOSED DISPOSAL OF 2,400,000 ORDINARY SHARES OF RM1.00 EACH IN DAYA CMT SDN. BHD.(“DCMT”) (“SALE SHARES”) TO PERFECT PROPEL SDN. BHD. (“PURCHASER”) FOR A TOTAL CASH CONSIDERATION OF RM18,000,000.00 (“PROPOSED DISPOSAL”)

DAYA MATERIALS BERHAD

Type Announcement
Subject OTHERS
Description DAYA MATERIALS BERHAD (“DMB” OR “COMPANY”)
- PROPOSED DISPOSAL OF 2,400,000 ORDINARY SHARES OF RM1.00 EACH IN DAYA CMT SDN. BHD.(“DCMT”) (“SALE SHARES”) TO PERFECT PROPEL SDN. BHD. (“PURCHASER”) FOR A TOTAL CASH CONSIDERATION OF RM18,000,000.00 (“PROPOSED DISPOSAL”)


Reference is made to DMB’s announcements made on 28 April 2014, 5 May 2014 and 12 May 2014 (“Announcements”) in respect of the Proposed Disposal.
The Board of Directors of DMB wishes to inform that pursuant to Clause 4 and Schedule 2 of the Share Sale Agreement dated 28 April 2014 in respect of the Proposed Disposal (“SSA”), the Proposed Disposal is conditional among others, on the fulfilment by DMB of the following conditions:
1. the approval and consent of DCMT’s financiers to the transactions contemplated by the SSA having been obtained by DMB or by DCMT (as the case may be), if required under existing financing covenants already undertaken by DCMT; and
2. the completion of the internal restructuring by DMB in transferring the entire issued and paid up share capital in Daya Land & Development Sdn Bhd to DCMT so that Daya Land & Development Sdn Bhd becomes a wholly owned subsidiary of DCMT. For the avoidance of doubt, Daya Land & Development Sdn Bhd in turn has the following subsidiaries (which shall upon completion remain subsidiaries in the same percentages):
(a) Ultrafest Sdn Bhd – 100%;
(b) Semangat Global Sdn Bhd – 51%
(c) Zen Projects Sdn Bhd – 100%
(d) Terra Hill Development Sdn Bhd – 100%
by 12 May 2014.
The Board of Directors of DMB wishes to inform that the Purchaser and DMB have mutually agreed on even date to extend the period for the satisfaction of the abovementioned conditions precedent to 26 May 2014.
In this regard, save for the above, all other terms and conditions in the SSA remain unchanged.
This announcement is dated 12 May 2014.

Posted by Seek > 2014-05-12 21:27 | Report Abuse

Daya reach energy is approvedddd, prepared to load!!!!

Posted by ruslimz > 2014-05-12 22:29 | Report Abuse

aproroveddd ?????????? who approved ?????? not yet send to SC for appreoval lah.......

Posted by ayam_muda > 2014-05-13 09:08 | Report Abuse

Any idea when SC would approve that Reach Energy IPO ?

Posted by smartklseguru > 2014-05-13 11:36 | Report Abuse

Daya worths RM1?

Posted by ruslimz > 2014-05-13 11:37 | Report Abuse

correction.........RE just submitted the IPO to SC..listing may be september....

Posted by ruslimz > 2014-05-13 11:41 | Report Abuse

after listing daya own only 1.74% of RE.....