@Mabel, if one is holding Dayang, should he dispose and switch to Serba? what is your advice.. how should we look at Dayang.. understand its business is oil rig maintenance and should not be affected by oil price, but the share price seems to be correlated with the oil price.. Appreciate your thoughts.. as small investors tend to panic sell when they see the price drop.. how we avoid this..
So this morning I monitored both of my sons doing their homework and after that we watched some back-to-back movies together without me having the slightest concern on what might happen to my portfolio today.
Opened my stock app for the first time today roughly 5 minutes ago and nothing much happened.
If I was an active day trader constantly feeling all jittery and itchy by the slightest movement in the market, I can kiss my happiness and serenity goodbye.
paktua stand speak warriors spirit more n more.. let hear it..
remember.. when you fear for most.. when you courage gone for most.. you will die more faster then hit by illness,outbreaks.. you will lose before fight..
if you surrender only hear rumours spread before enemy's arrived.. then.. you're real STUPID than other stupidity..
paktua share some.. too all dayang believer.. let hear it..
if you influence by rumours.. and let other to influence your judgment.. means.. you're WEAK!! you deserve to LOSE!!!
remember.. to defeat great warriors.. must separate him from his alliance.. creat fear among them.. let confused be their judged.. later doubts will surrounded them.. their will weak to fight no matter how good their are.. thats we call psychological warfare..
Not many people are willing to play the waiting game, because everybody wants to make quick money the quickest they can and so do I hahaha. 2 weeks is long enough for some.
One year ago, KAB was hovering between 0.08 and 0.1. Today, it's priced at 0.84 per piece, and they're eyeing a move to the mainboard as well!
let hear it.. more n more until all of you wake up..
remember.. to defeat great warriors.. must separate him from his alliance.. creat fear among them.. let confused be their judged.. later doubts will surrounded them.. their will weak to fight no matter how good their are.. thats we call psychological warfare..
wah break 15m ready.. its simple to know who play t-2 vol speak ist self.. break 15m rally chance.. but not strong enough.. will be close 1.25.. mybe...
@bojed Not many people are willing to play the waiting game, because everybody wants to make quick money the quickest they can and so do I hahaha. 2 weeks is long enough for some.
One year ago, KAB was hovering between 0.08 and 0.1. Today, it's priced at 0.84 per piece, and they're eyeing a move to the mainboard as well! 15/04/2020 4:01 PM
es karen who sold at 1.24,1.25 now regret laa.. need patient..at least couple weeks.. oil will stand solid after this month.. and we will know exactly direction oil price wll stand..
@Rainbow0721 @Mabel, if one is holding Dayang, should he dispose and switch to Serba? what is your advice..
how should we look at Dayang.. understand its business is oil rig maintenance and should not be affected by oil price, but the share price seems to be correlated with the oil price..
Appreciate your thoughts.. as small investors tend to panic sell when they see the price drop.. how we avoid this.. 15/04/2020 3:45 PM
Why settle for one when you can have two?
I'm holding both Battleships. Dayang is my latest collection of 16 Battleships that cover the entire Oil & Gas Supply Chain: Upstream, Middle Stream and Downstream. Serba and Dayang are few of my selection for Downstream Business Segment.
Dayang, I just started collecting about a month ago while I have been collecting Serba before the Bonus and Right Issues. Today I bought another two batches of Serba (my 18th and 19th collection) after they announced a Mega Contract in UAE.
Serba Dinamik Holdings Bhd has bagged a US$1.78 billion (RM7.71 billion) contract for the engineering, procurement and construction of an innovation hub, academic campus, related facilities and information technology (IT) infrastructure in Abu Dhabi, United Arab Emirates. The scale of this project is more than 2x Serba's annual revenue.
Dayang is another good and healthy company. In addition, the Government just announced they are allowing O&G service providers to operate. Do bear in mind Petronas is a Non-OPEC member and it has no obligation to reduce the output of oil unless voluntarily and they have no obligation to reduce the output at the same percentage. Even if they did that's just about 20% before the demand picks up again. Dayang already have an Order Book of RM 4.5 Billion for scheduled maintenance at Invoicing rate of 300M per qtr or 1.2 Billion per annum. Even you reduce that by 20% (following OPEC oil output cut), you will end up with 1 Billion revenue for 2020. 2021 would be business as usual. RM 1 Billion revenue for 2020
In the worst case, even shutting down & re-start up of rigs will require more intense services from Dayang....there would be so much of complication requiring Dayang services during this period.
When you buy this type of stock you need to give a window of 6-12 month. Anything less is a bonus.
Another consideration is unlike my Upstream collections like Hibiscus, Velesto, Sapnrg, Scomies and Reach, Serba and Dayang are not subjected to oil fluctuations as the producers still require continuous maintenance.
Please visit Serbank Forum, as I have shared a lot of material why I chose Serba Dinamik and likewise, here in this Forum why I choose Dayang. Both of them completed my selection of Battleships that cover the entire Oil & Gas Supply Chain.
for investor who wish to sell dayang & buy serba is better to own this 2 stock & keep.both stocks or profitable co & good management.i bought dayang 2 weeks ago & serba i bought last year before bonus & right issue.both dayang & serba my tp is RM 3. this afternoon i bought drb hicom as i believe after this covid market will slowly recover & drb will go.up at least RM 2.40..as for dayang will will top up if drop below RM 0.90.market will recover. need to be patient.
@Mabel.. thanks for your reply.. i read your post in Serba that you attended its AGM before and the Director is very much on the ground..
How about Dayang? have you attended the AGM before? How is the management composition and their familiarity with the business?
I think Dayang is mainly reliant on Petronas contract? unlike Serba which is more diversified ..like today's news that it secured project in Abu Dhabi.. does that mean it is riskier for Dayang?
Hopefully it does not sound like stupid questions.. thanks Mabel in advance..
and also @paktua.. maybe i am new to the forum.. is paktua trying to convey the message to us to have confidence in Dayang and not affected by the short term volatility now?
My entry price was 2.48 back then.. and when it rebounded from the sharp fall.. i added again at 1.49.. and being new to investment .. i still trying to control from being emotionally affected too much by the fluctuation in share price..
My humble advice to all newbies, if you have invested your savings in Dayang ...please treat this investment as your Fixed deposit (FD) for the next 6 to 9 months (don't bother the trend)...Compared to bank FD of less than 4% max , u will...confirm earn more than 100% from Dayang in 6 months. Q1(May end) result will not be good if based on historical trend but don't be disappointed and sell... just hold till Q2 to seen the returns...In the past, I have kept my investment from end of 2018 (Dec) up till 2020...only sold before 2020 CNY and made 350% profit...just my 2 cents.
@mkme75.. do you hold Dayang as well? it is easier to realise profit if one entered at low price.. but for those who entered above 2 might be worrying if it can climb up to 3 again before all the pandemic and oil price plunge started =(
Anyway thanks for your advice and i will continue to hold Dayang..
@Rainbow0721 @Mabel, may i ask why you will hope for the price to drop to 60/70 cents to collect? what if it drop and never bounce back?
Shouldnt we hope for the price to rise so that we can take profit? 15/04/2020 8:12 PM
The main reasons why I put 60/70 as a Target Price is because many people keep saying that Dayang will drop at this level. You need to scroll up to understand this.
So I put this target in writing to see if Dayang can really hit this so call target price. So far Dayang has failed miserably.
Please spend time reading. There's lots of information in this forum already..
i don't believe in selling and buying back at low.. I have many times wasted my profit by selling low and to buy back at higher price... the up trend usually will be difficult to match the price we desire...my 2 cents.
Rainbow if u ask me... I will ignore everything if I treat this as my FD but it's a different senario if u depend on this money to survive... it's your call buddy..
Hi Mkme.. the money invested is excess cash ..so i have no urgent need to sell..just that fighting with the mental stress looking at the unrealised loss getting bigger and bigger since all these pandemic, oil price and political uncertainty started..
As a newbie to investment (just started last year Oct).. some of my experienced friend told me not to be panic when market is down.. so i keep reminding and need guidance from other experienced investors ..
@Rainbow0721.. this is frankly advice from old uncle.. better you take advice from @mkme75.. his view more relevant.. on behave your investment.. treat like your saving..put..set..forget.. remember.. many of us was have experience big lost on play trade.. paktua also.. only Spirit never surrender and believe on own move.. dare to absorb own actions.. move on face it all obstacles.. dare to cross ultra danger bridge.. walk with guts n lion heart trough the dark tunnel.. remember.. stock market id volatile world.. is no guarantee you will lose or earn 100%.. wisely move is.. buy on good fundamental stock.. good track on TA rally..like dayang, read all probability view if want more clear on FA dayang.. remember.. don't buy uptrend level.. just buy on correction at uptrend stock.. then you will be great traders(traders not investors)
so moral story.. are you need to hold when on big lose due buy on higher level? paktua glad to say YES!! dayang still undervalued.. just forget for now(if you use extra money,and don't have abilities to avrgedown) visit back after 3rd qr this year..
tut tut just share bangang opinion.. you money you decided.. be daring warriors or just a sheep..
This could either be the best advice ever or the worst advice ever hahahaha!
Tido tido. Tomorrow will be a new adventure. Up or down, don't fret too much. Take it easy. Many people lead miserable lives due to worrying too much for things they don't have any control over. It will cost your health dearly. Who wants to be a bed-ridden millionaire? I don't.
It's okay to feel sad once in a while, we're humans afterall, but don't turn it into the theme of your life.
Whatever tomorrow brings I'll be there with open arms and open eyes.
now is mega sell season..tomorrow will happen a bit correction wave.. as paktua always say.. s1 =1.20 s2 = 1.16 1st battles point is 1.20-1.18 2nd battles point is 1.15-1.05
tut tut never fear to reveal on own move.. you money you believe.. you decide what option you will taken..
The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen in 25 years and said no output cut could fully offset the near-term falls facing the market.
Brent crude fell $2.04, or 6.8%, to $27.59 a barrel, giving up an earlier gain.
U.S. West Texas Intermediate crude slid 45 cents, or 2.2%, to $19.67. Earlier in the session WTI dropped to its lowest level since Feb. 2002.
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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....
Mabel
24,087 posts
Posted by Mabel > 2020-04-15 15:29 | Report Abuse
Dayang up by 1%
Serba up by 13%
Life is so beautiful..
Meow Meow Meow