Last year (Financial year 2013) was a bad year for Daya, as they have overspent due to their fast expansion into the O&G sector. No surprise then last year no dividend. With Reach IPO listing, which Daya has 1.7% stake, a special dividend is possible in the future. Tunnnngggggguuuuuuu!!!!
wait for : 1) money refunded from Reach IPO application. Some will invest indirectly in Daya 2) Reach IPO listing on Aug 15. Reach up, Daya up 3) Quarterly results after mid Aug. Good results, Daya up
Reach Public portion oversubscribed 50 times! Reach Bumi portion oversubscribed 34 times! As expected, IMPOSSIBLE to get! When u get your money refunded, buy DAYA to ride on Reach!
MARKET UPDATE The FBM KLCI might continue to downtrend today, tracking the weak performance on Wall Street yesterday. Market sentiment was soured by concerns about the Ukraine crisis and uncertainty over its potential effect on the global economy. At the market close, the US stock market ended in the red, as investors moved out of riskier assets and into gold and US Treasuries. Other markets in Asia and Europe also ended mostly on a weak note. Performance-wise, the Dow Jones Industrial Average eased 75.07 points, or 0.5%, to 16,368.27 (lowest close since April 25), the S&P 500 lost 10.67 points, or 0.6%, to 1,909.57 and the Nasdaq Composite gave away 20.08 points, or 0.5%, at 4,334.97. Despite the geopolitical tensions, the economic news released was encouraging with the number of people who applied for unemployment benefits fell below 300,000 for the second time in three weeks. The flight-to-safety trades pushed up prices of Treasury and gold with the yield on a 10-year Treasury note fell to the lowest level in more than a year, at 2.42%, and gold hovered above USD1,300 for the second session in a row.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 492 views | 3 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 12609 views | 11 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
dragonfruits
1,285 posts
Posted by dragonfruits > 2014-08-06 20:09 | Report Abuse
Any good news?