DUTALAND BHD

KLSE (MYR): DUTALND (3948)

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Last Price

0.295

Today's Change

0.00 (0.00%)

Day's Change

0.295 - 0.295

Trading Volume

30,000


4 people like this.

7,432 comment(s). Last comment by ocbc 13 hours ago

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-07 10:46 | Report Abuse

no money to eat rice people, 48.5cts also sell

mentos512

287 posts

Posted by mentos512 > 2017-04-07 11:08 | Report Abuse

Duta Yap bot another 4M shares

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-07 14:53 | Report Abuse

buta yap bought 4mil,who sell to him? calvin ar?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-07 14:59 | Report Abuse

another no money eat rice person sell at 48cts 500 share only= RM 240 to eat nasi lemak....haha

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-07 15:18 | Report Abuse

really lim peh thiam liao lah where are u lim pei tiam? buy tiok this stock really lim peh thiam....haha

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-07 15:32 | Report Abuse

Can anyone here explain how come Dutaland has not triggered any offer? Since the owners just already breached 50% of ownership.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-07 15:38 | Report Abuse

maybe buta yap buy his wife sell....haha

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-07 15:40 | Report Abuse

buta yap buy who sell? who purposely push it down?

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-08 13:00 | Report Abuse

Can anyone with accounting knowledge help explain my question?

calvintaneng

56,707 posts

Posted by calvintaneng > 2017-04-08 13:13 | Report Abuse

Cockroach,

In UK context MGO is triggered when someone with voting rights own more than 33% of a company share. But not for Malaysia. In Malaysia MGO is only triggered when someone owns 90% of a share.

Last time about 10 years ago the Indonesia Boss of Harrison wanted to take it private for a very unfair price of Rm1.30.

One Peter guy from USA kept buying Harrison shares until he got more than 10% shares of Harrison to prevent Harrison from being taken private.

Later Harrison shot up more than 200% to cross Rm3.00

So Duta Yap can only trigger MGO when he got 90% of Dutaland shares.

And for now since Dutaland is still dirt cheap he is gobbling up quietly.

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-08 13:26 | Report Abuse

Thanks for explaining Calvin. If in this case, a tad bit long way more to go.
Below 50 is good price to collect as what he is doing now.
My friend has 3 thousand lots in this company for 6 years ( in the top 30 shareholder list )and is waiting for the takeover day but do not know when though!!

traderman

7,854 posts

Posted by traderman > 2017-04-08 13:34 | Report Abuse

Lol this is how Calvin invest stock. Buy and pray ...lol

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-08 13:39 | Report Abuse

One more question Calvin, look at Mieco.
The dato Sri ah chai offered a takeover price at 1.00 when he bought the mieco shares breached 50%. ( happened last year)
So, why Duta is different? Something we miss?

chinaman

3,302 posts

Posted by chinaman > 2017-04-08 14:06 | Report Abuse

On 15 August 2016, the Malaysian Minister of Finance (MOF) revoked the Malaysian Code on Take-Overs and Mergers 2010 (Old Code). In its place is the Malaysian Code on Take-Overs and Mergers 2016 (New Code). Contemporaneous with this replacement, the Securities Commission Malaysia (SC) has also issued the Rules on Take-Overs, Mergers and Compulsory Acquisition 2016 (Rules).

The changes introduced by the Rules reflect the SC’s desire to move towards a proportionate regulatory regime. On the one hand, changes have been made to facilitate take-overs, such as the abolishment of the requirement for an offeror and persons acting in concert (PACs) to hold more than 50% of the voting shares of the offeree before undertaking a take-over by way of a scheme. However, the changes also provide a higher degree of protection to offeree shareholders in the form of enhanced disclosure requirements and the enhanced role and obligation of independent advisers.

The Rules also provide guidance in areas that were previously subject to scrutiny and led to confusion amongst the offeror, offeree and their respective advisers. These changes are welcomed and has brought Malaysia’s take-over regime closer to other mature jurisdictions such as the United Kingdom and Hong Kong.

chinaman

3,302 posts

Posted by chinaman > 2017-04-08 14:13 | Report Abuse

In short, Duta Yap can call mgo at any time if he wish, 50% voting right requirement is abolished.

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-08 14:16 | Report Abuse

Chinaman, perhaps this will happen after the company exercise of reducing its par value and to strike-off its debts

Somewhere in near future

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-08 14:19 | Report Abuse

Within 1 -2 years.
So in the mean time , i collect and keep in feeezer

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-09 19:45 | Report Abuse

they know many people still stuck so they purposely no wanna MGO yet, even if they seek to takeover this company and looking at the coward dato, I think it will offer to buyout all the remaining shares at 50cts only.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-09 19:46 | Report Abuse

this kinda coward boss sure no give high premium

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-09 19:49 | Report Abuse

must tell calvin to be like kyy ask bank for margin so buyout all at 60cts since it's so undervalue.only at 60cts the whole company is worth less than 510mil still make quite a tidy sum considering the assets is worth 900mil and borrowing is only 2 mil

Cockcroach

629 posts

Posted by Cockcroach > 2017-04-10 10:06 | Report Abuse

Haha...good idea Ang

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-10 10:33 | Report Abuse

dato buta yap stock wanna up 1 cts also like wanna die

calvintaneng

56,707 posts

Posted by calvintaneng > 2017-04-10 11:23 | Report Abuse

Duta Yap is mighty sleek.
He wants to collect all Dutaland shares very very quietly while it is still dirt cheap.

This modus operandi is directly opposite of KKY who wants every body to know about highly overvalued Jaks to sell to sorchai later after goreng up to the most dangerous level for dumping.

So just buy every month a little Dutaland and hold tightly!

Happy is he who can invest longer term.

Yahoo!

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-10 14:23 | Report Abuse

hold 10 years?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-10 14:26 | Report Abuse

buta yap not sleek but instead is a crooked man dare not let small retails to make a bit also. if he wanna buyout the company I think he will buy at max is 50cts

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-10 14:56 | Report Abuse

this buta land trap people already, buta yap says u people no see he won't push it up....haha

calvintaneng

56,707 posts

Posted by calvintaneng > 2017-04-10 15:11 | Report Abuse

Wahaha!

History repeated here


Last time Calvin called for a buy on Malton at 30 sen

People complained and complained that Malton Boss paid themselves millions but gave peanuts to shareholders. Then?

Then one day Pavilion was ready. Malton jumped past 70 cts & Calvin made 100% and more.


Calvin bought Jaks at 40 cts on Dec 16 2014 & then?

Then people said Jaks is having useless management. Why Jaks got so many projects but price never moved? Useless management?


Then?

Then Jaks jumped to Rm1.20 (Up 200%)


So Now is the time to load up more Dutaland shares!!!

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-10 15:12 | Report Abuse

the more people buy the more it will sleep, hopefully people sell all to buta yap then it will push otherwise happy sleeping

tah16600

2,646 posts

Posted by tah16600 > 2017-04-10 22:27 | Report Abuse

Dato Yap now filthy rich. He aldy hone his son to take over his empires. So he buy slow2 mah!. No patient better avoid

Posted by khatulistiwa1234 > 2017-04-11 07:54 | Report Abuse

MAXIMISE YOUR PATIENT , SOONEST achieve 0.80 , they way DUTA YAP dance is TANGO dance , is a ART WAR , action in any moment , straight away to object foreseen .

Posted by khatulistiwa1234 > 2017-04-11 07:55 | Report Abuse

CRAZY DARK HORSE .

tah16600

2,646 posts

Posted by tah16600 > 2017-04-11 09:43 | Report Abuse

Going to gallop to sky very soon

WilburR2

871 posts

Posted by WilburR2 > 2017-04-11 09:45 | Report Abuse

still sleeping

mentos512

287 posts

Posted by mentos512 > 2017-04-11 09:57 | Report Abuse

zzz mode

tah16600

2,646 posts

Posted by tah16600 > 2017-04-11 10:08 | Report Abuse

I am monitoring like a hawk. aldy accumulated some n will hentam kuat2 when the missile start to launch

mentos512

287 posts

Posted by mentos512 > 2017-04-11 10:16 | Report Abuse

apollo ang is right that that buta yap is a crooked and sibeh kedekut dato.

tah16600

2,646 posts

Posted by tah16600 > 2017-04-11 10:24 | Report Abuse

Don't worried lah this time going to give u very big Angpow soon

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-11 11:18 | Report Abuse

nobody sell it won't go up for sure

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-11 11:19 | Report Abuse

this kinda person can call dato......call him nenek lah

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-11 11:19 | Report Abuse

even lousy menang can move, this buta land still sleeping

traderman

7,854 posts

Posted by traderman > 2017-04-11 17:47 | Report Abuse

calvintaneng Wahaha!

History repeated here


Last time Calvin called for a buy on Malton at 30 sen

People complained and complained that Malton Boss paid themselves millions but gave peanuts to shareholders. Then?

Then one day Pavilion was ready. Malton jumped past 70 cts & Calvin made 100% and more.


Calvin bought Jaks at 40 cts on Dec 16 2014 & then?

Then people said Jaks is having useless management. Why Jaks got so many projects but price never moved? Useless management?


Then?

Then Jaks jumped to Rm1.20 (Up 200%)


So Now is the time to load up more Dutaland shares!!!

---------------------------------
i call to buy ifca at 7 cent. the rest is history.

Glaceau

176 posts

Posted by Glaceau > 2017-04-11 23:04 | Report Abuse

The Yap family has surpassed 50% mark. They just won't stop acquiring

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-12 10:50 | Report Abuse

who's the seller? why everyday so many sellers?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-12 16:04 | Report Abuse

to those who no money to eat rice don't simply throw at 48cts, no money to eat can ask calvin for some just don't throw at 48cts

mentos512

287 posts

Posted by mentos512 > 2017-04-12 16:09 | Report Abuse

duta yap..deal close range 48-48.5 only

tah16600

2,646 posts

Posted by tah16600 > 2017-04-12 21:04 | Report Abuse

Duta Yap will make the retail players until tak bolih tahan waiting then sell to him cheap2 then only the shares up. up. up.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-12 21:53 | Report Abuse

I wait trachoma 6 years until bangrupt, I wait SAAG 6 years until bangrupt

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-04-12 22:03 | Report Abuse

Good patient there Apollo. Keep it up

tah16600

2,646 posts

Posted by tah16600 > 2017-04-12 22:33 | Report Abuse

So sad to hear, but u are not alone many investors kena kaw2 . For Dutaland u no need to worry, very solid ctr. Duta Yap need to push in order to further collect. I think he want to take private. Deem interest more than 50%. Accomplice holding unknown.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-13 16:29 | Report Abuse

who's the bugger no money eat rice, 300 share purposely throw at 47.5cts? RM 142.5 that fella also no money to eat, ask from calvin lah

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