GST theme...just buy and keep. If they announce the deal with Mof controlled Rofarez solutions...the price will go up very fast just like Trive...I forsee this will fly faster than Trive because DBG is less heavy....less stock in circulation. So it is more dynamic.
for trading only if buy warrants at 2 cts sure sell at 2.5cts.par value reduction coming but the good news is there is no share consolidation.think like PUC should have a tech rebound
Watch out for DBG. Now lying low...but once the restructuring is completed will fly like Trive. Now still not the time...accumulation phase only. Buy at your own risk. Par value reduction from 10 sen to 4 sen. 6 sen shaved off to repay debts. But now currently trading at 5.5 sen. Very near to the 4 sen par value. Should be well supported. But please play with your own extra pocket money. Don't blame others if lose.
Accumulating...quietly. No need to say how many lots. When the time comes...when it fly like trive ..then can harvest lah. Now just planting seeds...cheap seeds. Later sell durian musang king. Buy when cheap...sell when high. Thats normally how we should play. But risk is still risk. No risk then go put into FDs.
2 sen can...grab DGB-wa...around 1.5 - 2 sen is very good buy. Hard to get 1 sen lah...you think they are stupid?? DGB still a multinational company. Where can get that cheap? Collect lah.
Already rock bottom. Collection now before it fly. The DGB-wa is already untraded. No point selling. Already rock bottom. Only those Desperado will sell now. Just keep it locked. The EGM coming early July. Once the good news confirmed, the stock will rise.
DGB Asia Berhad is a group of companies principally involved in providing innovative and comprehensive AIDC solutions, software and engineering services to various industries. AIDC refers to methods of identifying objects, collecting data about them, and entering that data directly into computer systems using a microprocessor controlled device. Our integrated AIDC solution suite is able to complement, extend the useful life and enhance the value of ERP systems and accounting softwares, as well as to provide seamless technical interface to AIDC technologies. Our products and services are currently provided to customers in the hospitality and consumer services as well as other business verticals in the supply chain industry.
The history of the business of our Group can be traced back to 1993 when our founder, Mr. Seah Liang Chiang founded the integrated AIDC solutions business under Digital in Singapore. Digital was set-up to distribute AIDC products. Mr. Seah has been in the AIDC industry for over 19 years and in the IT industry for over 21 years. He noted that business processes of various industries in the ASEAN region were heavily dependent upon manual data collection system which cannot produce critical data on time and which are laborious and as such prone to errors. With his business knowledge in this industry, he envisioned the promising prospects for the AIDC solutions business in the region to increase the efficiency of organisations.
The current operation in Singapore functions as our Group’s operational hub to secure projects that involve regional roll-outs in the ASEAN region. In addition, the targeted markets for our expansion will depend on and coincide with the movement of our customers which would allow us to penetrate into new markets with secure customers in hand and thus minimise the risks of uncertainty. Our Group aims to be the leading integrated AIDC solutions provider in the ASEAN region, establishing ourselves in the local market initially, using Malaysia and Singapore as the platform for future growth and expansion in the region, and other foreign markets.
RM 6 million dollar company is a multi national company ? Most US companies in Malaysia has a revenue of at least USD 360 million per year. Any lousy multi national company can do that.
@Huatrex They wanted to shave 6 sen from 10 sen par value to 4 sen. I think they will not let it drop below 4 sen. EGM coming 1st July. Lets monitor this closely. Before EGM, I think syndicate will push it higher. Put this in your radar. Only 2 more weeks to see results. I think they want to push it down to collect at the cheapest. They are going to repay their debts. So the goreng will start like Trive when their balance sheet is clean. If they announce the Rofaz deal, maybe that is the time it will fly.
The higher the risk the higher the gain. Super risky. But I bet this company will rebound strongly and will get super gain for those who trust and have confidence in it. Might be flying again soon.
I have a feeling it will go up soon after all the contra players finished selling...someone will push it up again like what happened to mexter yesterday. Watch out...penny stock theme playing again. DGB and DGB-WA is rock bottom and easier to play. The stock is undergoing restructuring and pending some good news. So it is worth to buy now when others are fearful.
This DGB was issued at 50 sen during IPO back in 2009 and it is now at 4.5 sen in 2016 !!! A whopping 45.5 sen discount!!! Grab it before it go! I believe what goes down must come up. Be ready to grab!!!!!!!
Automated identification and data capture solutions provider DGB Asia Bhd will enter into a joint venture (JV) with Rofarez Solutions Sdn Bhd (RSSB), a Ministry of Finance (MoF) linked company, to expand into the cloud-based business.
In a statement, DGB said the JV entails the distribution, implementation and service of cloud-based business solution products that provide integration on the software environment for businesses with proprietary development engines. DGB said the product will provide platforms to design and build solutions that are directly assimilated onto the cloud operating infrastructure.
DGB said RSSB will be responsible for product development, while DGB will undertake the JV company’s management and product distribution. The JV will also involve the development, distribution, implementation and service of the business solutions across Malaysia and Southeast Asia. The venture is expected to increase DGB’s earnings in the coming financial year.
The MoF is a substantial shareholder of RSSB.
This article first appeared in The Edge Financial Daily, on April 14, 2015.
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Write a comment..now they switch to TRIVE...