PROPEL GLOBAL BERHAD

KLSE (MYR): PGB (0091)

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Last Price

0.11

Today's Change

+0.005 (4.76%)

Day's Change

0.105 - 0.11

Trading Volume

25,000


30 people like this.

9,727 comment(s). Last comment by micheal42 2024-07-17 21:52

Newbie79

152 posts

Posted by Newbie79 > 2014-08-08 14:52 | Report Abuse

hopefully Monday back to 0.330...

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-08 15:39 | Report Abuse

RESULT OUT FOR ONLINE APPLICANT..50 LOTS REJECTED,NOT EVEN 1 SUCCEED..FXXXX

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-08 15:39 | Report Abuse

WHAT I MEAN WAS REACH ENERGY IPO

Posted by BullsComing > 2014-08-08 16:04 | Report Abuse

sbm's arbitrator bla bla then dvl's arbitrator bla bla!! litigation long way to go.... this is long fight for valid MOA.. kikiki.. but reach ipo is at the front of our eye!! oversubribe!!

Ring

6,522 posts

Posted by Ring > 2014-08-08 16:32 | Report Abuse

SINGAPORE: Oil prices rose in Asia Friday after US President Barack Obama said he had authorised air strikes against Sunni extremist militants in key crude producer Iraq.

US benchmark West Texas Intermediate for September delivery rose 71 cents to US$98.05 while Brent for September gained 96 cents to US$106.40 in afternoon trade.

speakup

27,205 posts

Posted by speakup > 2014-08-08 16:48 | Report Abuse

IVAN didn't get Reach IPO shares nevermind. Today got chance buy Daya cheap for exposure to Reach.
Dont buy Reach when list cos it will open very high, at least 90sen. Safter to buy Daya at their price only 45sen (compared to IPO 75sen)

speakup

27,205 posts

Posted by speakup > 2014-08-08 16:55 | Report Abuse

4 more trading days to buy Daya before Reach listing next Friday.

Lester

244 posts

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

next week is the time to fly d

Posted by BullsComing > 2014-08-08 18:41 | Report Abuse

hold the front line @31. monday U.S attackk, we launch daya missile at the same time.

mjtung88

94 posts

Posted by mjtung88 > 2014-08-09 10:53 | Report Abuse

TP ?

Posted by traderkental > 2014-08-09 11:06 | Report Abuse

Tp 0.4

kakisaham

7,263 posts

Posted by kakisaham > 2014-08-09 11:24 | Report Abuse

daya-no daya

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-09 11:26 | Report Abuse

Hmmm, current price a bit expensive

kakisaham

7,263 posts

Posted by kakisaham > 2014-08-09 11:30 | Report Abuse

Keep DBE and Luster...sure got frofit soon

tlbeng

905 posts

Posted by tlbeng > 2014-08-09 12:45 | Report Abuse

yesterday dow jone index up, monday let's see daya fly?

sasopi87

641 posts

Posted by sasopi87 > 2014-08-09 20:45 | Report Abuse

Last month, Daya Materials Bhd acquired 3.1 million shares of one sen each in Reach Energy Bhd for RM1.39 million or 45 sen a share, together with 133.3 million redeemable convertible preference shares of one sen each worth RM599,998, from Midvest Asia Sdn Bhd. The share purchase comes with an equal amount of warrants. Daya Materials, said the acquisition will increase its equity holdings in Reach Energy to 1.74%. The exercise price of the warrants has been set at 75 sen.....

REACH ENERGY IPO UP, DAYA ALSO UP NEXT FRIDAY......!!!

speakup

27,205 posts

Posted by speakup > 2014-08-09 22:59 | Report Abuse

Daya has 22.2 million Reach shares (costing 45sen only) + 22.2 million Reach warrants (free warrants).

Tuakong61

25 posts

Posted by Tuakong61 > 2014-08-10 12:36 | Report Abuse

What is so great about reach investment? Daya were to make 12,000,000.00 from investment ; which translate into 0.009 sen a share!!

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-10 13:03 | Report Abuse

World war getting serious..monday market further crash?

Posted by Chin Hong Choy > 2014-08-10 14:58 | Report Abuse

i'll felt there is something going wrong in the deal of buying the third vessel.

speakup

27,205 posts

Posted by speakup > 2014-08-10 16:18 | Report Abuse

Tuakong61, if u do the math. If Reach open at 90sen and the warrants open at 25sen, Daya paper gain will be a staggering rm15 million (not rm12 million).

speakup

27,205 posts

Posted by speakup > 2014-08-10 16:19 | Report Abuse

That why if u missed Reach Energy IPO shares, u still got a 2nd chance in Daya. Of course if u wait too long and miss Daya too, then sorry lar no more chance already.

speakup

27,205 posts

Posted by speakup > 2014-08-10 16:22 | Report Abuse

Tuakong61, if Daya makes rm15mil from Reach, EPS from Reach Investment will be 1+ sen/share. Do the math.

Posted by Nelson Lee > 2014-08-10 22:32 | Report Abuse

Why Daya move very slow ?

speakup

27,205 posts

Posted by speakup > 2014-08-11 07:51 | Report Abuse

If Reach open at 90sen, warrant at 25sen, Daya makes RM15mil which translates to 15M/1398M = EPS 1.08sen/share. Compare this with their recent best quarter was EPS 0.58sen (Q3 FY2013). So Reach alone is almost double their BEST quarter ever. And we haven't even count contribution from operating profit.

annoymous

21 posts

Posted by annoymous > 2014-08-11 09:35 | Report Abuse

WHY DAYA NO YET GIVE THE DIVIDEN??

bluechip

338 posts

Posted by bluechip > 2014-08-11 09:35 | Report Abuse

dono when flying high...hope after reach energy listed coming friday

Posted by Nelson Lee > 2014-08-11 11:07 | Report Abuse

Still slow up , I still buy at 0.315 today .i confuse this Friday Reach will listed , why Daya still cannot up?

Posted by Edmund investor > 2014-08-11 12:11 | Report Abuse

Why not just grab Reach instead if you so positive about Reach

Ring

6,522 posts

Posted by Ring > 2014-08-11 12:44 | Report Abuse

SINGAPORE: Oil prices rose in Asia Monday as dealers monitor sustained US air strikes on extremist militants in Iraq who are threatening the crude-rich Kurdish region, analysts said.

US benchmark West Texas Intermediate for September deliver rose 32 cents to US$97.97 while Brent crude for September gained 23 cents to US$105.25 in mid-morning trade.

Slnvestor

231 posts

Posted by Slnvestor > 2014-08-11 13:12 | Report Abuse

Once Reach Energy is listed, Daya Material shareholding will be diluted to 1.74% from 8% .

bluechip

338 posts

Posted by bluechip > 2014-08-11 13:16 | Report Abuse

Sinvestor: I didn't understand wat u re talking about...he sure re u it will be diluted..

Slnvestor

231 posts

Posted by Slnvestor > 2014-08-11 13:22 | Report Abuse

Hi Bluechip . This info is from "TheEdge Newspaper" .From " TheEdge" , it seem that daya will not be so attractive. Might climb up slowly compare to Reach Energy.

speakup

27,205 posts

Posted by speakup > 2014-08-11 15:20 | Report Abuse

Of course IF you can buy Reach at 75sen then that is better than buying Daya for indirect exposure to Reach.

But what are the chances Reach will open at 75sen or slightly above it considering that 98% of Reach shares are given to Institutions & high net worth individuals?

IF Reach opens at 90sen or even 95sen, do you dare chase? This is very high risk! It is safer to buy Daya as an indirect exposure to Reach.

speakup

27,205 posts

Posted by speakup > 2014-08-11 15:27 | Report Abuse

Reach is going to fly on listing day coz 98% of IPO shares given to institutions & high net worth individuals. Unless you have the IPO shares, buying Reach on listing day is high risk. We all wish we have Reach IPO shares but most of us dont.

speakup

27,205 posts

Posted by speakup > 2014-08-11 15:30 | Report Abuse

It is the same reasons investors buy OSK for indirect exposure to RHB, as OSK has about 10% stake in RHB at lower cost than current market price of RHB.

LiveStrong

103 posts

Posted by LiveStrong > 2014-08-11 18:54 | Report Abuse

speakup, you have a rather interesting support for Daya. How much Daya is worth in long term?

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-11 19:39 | Report Abuse

Daya is short term stock..next week can sell already

LiveStrong

103 posts

Posted by LiveStrong > 2014-08-11 20:28 | Report Abuse

dragonfruits, please substantiate your claim by some solid reasons, facts and numbers.

rlch

4,142 posts

Posted by rlch > 2014-08-11 20:53 | Report Abuse

Although avg TP by analysts are high for Daya, continuous selling by director Dato Mazlin is not a good sign. 1.7% ownership of Reach is nothing to shout about.
http://klse.i3investor.com/servlets/stk/annchdr/0091.jsp

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-11 21:01 | Report Abuse

Agree with Rlch

Posted by sleepybryan > 2014-08-11 21:28 | Report Abuse

the way i look at it is that there was heavy volume at 32-34, so it is very likely that the new players will continue to play up the stock, even with mazlin selling the price spike up then so i think it will continue doing so

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-11 21:31 | Report Abuse

Ya, maybe not so soon

Posted by sleepybryan > 2014-08-11 21:57 | Report Abuse

it will be soon the volume spike is out of ordinary

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-11 23:44 | Report Abuse

But why director kept selling the share?

Posted by khaleed1511 > 2014-08-12 02:23 | Report Abuse

they sell to collect profit but then they buy back.. thats common

speakup

27,205 posts

Posted by speakup > 2014-08-12 07:42 | Report Abuse

Sumatec CFO sold her shares around 30+ sen, many people got scared by the news and sold. Look what price Sumatec is at now..... 49sen!

speakup

27,205 posts

Posted by speakup > 2014-08-12 07:44 | Report Abuse

Sumatec CFO sold 20 million shares. What Mazlin is selling is small in comparison.

micheal42

174 posts

Posted by micheal42 > 2014-08-12 10:12 | Report Abuse

Mazlin selling to help create liquidity in the market . The Sumatec CFO also did the same with Sumatec. So Jangan risau lah. ( So don't fret ). The market is weak cos of the political crisis in Selangor. Raja Petra says that we don't have a PAKATAN government anymore. What we have is a Khalid Government. This is not right and is causing political instability. Political instability causes market instability lah.

What to do... we have greedy , power crazy nuts in the country and UMNO seems very good at making a mockery of democracy as we understand it.

speakup

27,205 posts

Posted by speakup > 2014-08-12 10:26 | Report Abuse

look like some fund collecting Daya slowly & quietly.

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