DAYANG ENTERPRISE HOLDINGS BHD

KLSE (MYR): DAYANG (5141)

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Last Price

2.18

Today's Change

+0.05 (2.35%)

Day's Change

2.13 - 2.25

Trading Volume

2,267,700


27 people like this.

37,410 comment(s). Last comment by 8u29song 1 week ago

Fattymin

245 posts

Posted by Fattymin > 2020-06-03 16:40 | Report Abuse

when the qr out?

CLTAN91

102 posts

Posted by CLTAN91 > 2020-06-03 16:50 | Report Abuse

Ya lor. When QR out leh?

khuen

231 posts

Posted by khuen > 2020-06-03 17:02 | Report Abuse

Supposed to be out on last month of May, but due to MCO can be extended a month, so this month of June will out.

CLTAN91

102 posts

Posted by CLTAN91 > 2020-06-03 17:04 | Report Abuse

Khuenz thanks for the info, I wait until neck long long ady hehe

khuen

231 posts

Posted by khuen > 2020-06-03 17:14 | Report Abuse

no problem, in the meantime, u can read the dayang annual report first which just published.

CLTAN91

102 posts

Posted by CLTAN91 > 2020-06-03 17:24 | Report Abuse

I did, but eventually gave up on too many papers haha

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-06-04 10:58 | Report Abuse

Buy 1.31 got chance untung besar..don't rush, I predict close 1.29/1.30

Mabel

24,087 posts

Posted by Mabel > 2020-06-04 12:37 | Report Abuse

How to buy Dayang

Stupid Maybank Trading Platform down the whole day..

Haiyaa.....

leongoh10

13 posts

Posted by leongoh10 > 2020-06-04 12:44 | Report Abuse

Whats the tp for this counter?

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-06-04 15:36 | Report Abuse

8.00

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 15:59 | Report Abuse

ada peluang untuk naik? :)

Analysts Increase Oil Price Forecast
by Andreas Exarheas|Rigzone Staff|Wednesday, June 03, 2020


Analysts Increase Oil Price Forecast
Analysts at Fitch Solutions Country Risk and Industry Research have increased their forecast for the price of Brent crude oil in 2020.
Analysts at Fitch Solutions Country Risk and Industry Research (Fitch Solutions) have increased their forecast for the price of Brent crude oil in 2020, a new report by the company has revealed.

The analysts now expect Brent to average $40 per barrel this year, compared to their previous 2020 forecast of $33 per barrel. Fitch Solutions analysts also see Brent rising further to $49 per barrel in 2021, according to the company’s latest report. This marks a $7 per barrel increased compared to their previous projection of $42 per barrel for next year.

Looking further ahead, Fitch Solutions analysts now anticipate that Brent will increase to $55 per barrel in 2022, $60 per barrel in 2023 and $63 per barrel in 2024.

The Bloomberg Consensus for Brent, which was also highlighted in the report and which Fitch Solutions is a contributor to, sees Brent averaging $39 per barrel this year, $50 per barrel in 2021, $55 per barrel in 2022, $60 per barrel in 2023 and $64 per barrel in 2024.

“Compliance with the OPEC+ production cut deal has outpaced our expectations, while demand appears to have passed its nadir,” the Fitch Solutions analysts stated in the report, which was sent to Rigzone on June 1.

“Continued production restraint by OPEC+, steep declines in non-OPEC supply and rising oil demand will support further price strength over the second half of 2020 and 2021,” the analysts added.

“However, bloated crude and product inventories, the unwinding of the cut deal and the long road to economic recovery will somewhat cap the upside,” the analysts continued.

Last month, the U.S. Energy Information Administration raised its average Brent spot price forecast to $34.13 in 2020 and $47.81 in 2021. The EIA previously expected Brent spot prices to average $33.04 in 2020 and $45.62 in 2021.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 16:08 | Report Abuse

good for reduction in production, ribut taufan dah mau melanda :)

“With the significant pullback in U.S. shale and onshore production, hurricanes will have a more substantial impact on oil and natural gas prices because we are going to feel Gulf of Mexico production shut-ins more acutely,” said Phil Flynn, senior market analyst at The Price Futures Group, in a note.

The National Hurricane Center is tracking Tropical Storm Cristobal, which may move further into the Gulf of Mexico later this week, potentially threatening energy production in the region.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 19:05 | Report Abuse

this is one of the oil stocks that could surprise us. On 6 Mar 2020, dayang closed at RM2.16 and WTI oil price was USD45+ per barrel. Now, WTI oil is USD39+ per barrel and dayang is still about RM1.3+.

Thus, pay attention to this stock :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 19:15 | Report Abuse

Buying and selling by directors in 2020.... takda transaksi selepas april 21, 2020

DATUK HASMI BIN HASNAN 21-Apr-2020 Disposed 12,700 1.200 View Detail
DATUK LING SUK KIONG 11-Mar-2020 Acquired 1,000,000 1.440 View Detail
DATUK LING SUK KIONG 11-Mar-2020 Acquired 200,000 1.410 View Detail
JOE LING SIEW LOUNG @ LIN SHOU LONG 11-Mar-2020 Acquired 1,000,000 1.440 View Detail
JOE LING SIEW LOUNG @ LIN SHOU LONG 11-Mar-2020 Acquired 200,000 1.410 View Detail
DATO' TENGKU YUSOF BIN TENGKU AHMAD SHAHRUDDIN 14-Jan-2020 Disposed 9,878,182 255.000 View Detail
DATUK LING SUK KIONG 14-Jan-2020 Disposed 6,121,818 2.550 View Detail
MR JOE LING SIEW LOUNG @ LIN SHOU LONG 14-Jan-2020 Disposed 6,121,818 2.550 View Detail
MADAM EMILY HII SAN SAN 03-Jan-2020 Acquired 11,200 -

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 19:53 | Report Abuse

Recent research reports from reputable banks, etc - pujian yang tak terhingga diberikan kepada Dayang.... Semoga mendapat durian runtuh tak lama lagi. :)

Price Target Research Article/News (past 6 months)
24/02/2020 PUBLIC BANK Dayang Enterprise Holdings - Strong Ending
24/02/2020 MIDF Dayang Enterprise Holdings Berhad - Improved Offshore Margin Boosted Earnings
24/02/2020 KENANGA Dayang Enterprise Holdings - Posts Record Profit in FY19
24/02/2020 HLG Dayang Enterprise Holdings - A Record Showing

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 20:23 | Report Abuse

Today, WTI price is around USD39+ but dayang share price was low at RM1.32 like on March 9, 2020 when the WTI price was RM34.36. As such, dayang should move up when spotted by people, etc soon.

:)

Date Share Price WTI Price
(RM) (USD/Barrel)


2.3.2020 2.23 47.18
3.3.2020 2.11 46.78
4.3.2020 2.23 45.9
5.3.2020 2.16 41.28


8.3.2020 1.52 31.13
9.3.2020 1.32 34.36
10.3.2020 1.33 32.98

I believe that oil stocks will become the hot rotational play when the WTI oil price per barrel hit USD40 which is pretty near now. The price could easily move up when mco is lifted country by country and also huriccane is coming soon, oil production facilities especially in USA will be affected, production is forecast to drop and also OPEC and Russia agreement to reduce oil production would also help to boost oil price.

Sediakan payung sebelum hujan.


After covid pandemic ends, glove stocks will cool down, healthcare stocks will cool down.............. economy accelerates, planes take off, factories increase production, etc........ demand for oil will be further boosted.

Oil price will rebound pretty soon, oil stocks are going to fly soon

Fingers crossed!

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 20:54 | Report Abuse

Strongly agreed especially the rising oil price close to USD40 per barrel before the MCO lockdown. Also, the Founder of Dayang is very capable and many years of experiences in this industry. Period.

Datuk Ling Suk Kiong, aged 71, male, is the founder of Dayang Group of Companies. He established Dayang Enterprise Sdn Bhd in 1980. He was appointed Executive Deputy Chairman of Dayang Enterprise Holdings Bhd on 29 February 2008. He has been instrumental in the growth and development of the Group. He brings with him more than thirty (30) years of experience in the Oil and Gas Industry and is mainly responsible for the overall strategic business direction of the Group.

Datuk Ling was appointed as a Non-Independent Non- Executive Director of Perdana Petroleum Berhad on 12 December 2012 and on 24 August 2015, he assumed the position of Executive Chairman. He is also a director in several private limited companies in Malaysia.

He was awarded the Sarawak State Entrepreneur Of The Year Award 2009 in Kuching representing the Sarawak Chinese Chamber of Commerce and Industry category.

Datuk Ling was conferred the "Outstanding Entrepreneurship Award" for Outstanding and Exemplary Achievements in Entrepreneurship on 13 April 2014 at the Asia Pacific Entrepreneurship Awards 2014 held in Brunei Darusalam.

On 13th September 2014, Datuk Ling was conferred the award of Panglima Gemilang Bintang Kenyalang (P.G.B.K) which carries the title "DATUK" by Tuan Yang Terutama Yang Di-Pertua Negeri Sarawak Tun Pehin Sri Haji Abdul Taib Mahmud in conjunction with His Excellenc's 78th Birthday.



Dayang's Profit Growth Prospect - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Tue, 10 Mar 2020, 6:29 PM

I have extracted and summarised the company’s announcements as follows:

Dayang’s ability to win two I-HUC contracts in December 2019 from Petronas Carigali reaffirmed the trust, confidence and support of our esteemed clients, especially Petronas. In early Feb 2020, we added on another contract by CARIGALI-PTTEPI Operating Company Sdn. Bhd. for the provision of modification works for Block B-17 & C-19 and B-17-01 for a period of three years with two years extension option.



Both these replenishments of new contracts have increased our order book to an estimated RM4.5 billion to last us until 2023. This will positively enhance our prospects and earnings visibility over the next three years. We remain upbeat on the company’s future prospects as Dayang will leverage on its strong execution track record to ride on the ramp-up in business activities.



After the completion of the group-wide debt restructuring, Dayang is now ready to embark on long-term growth plans to further maximise shareholder value given our more efficient capital structure. We are confident that our strong cash flow generation and healthier balance sheet will propel us to greater heights going forward and we should therefore be able to reward our faithful shareholders who have remained

steadfast with us throughout this journey.



The Board remains committed in ensuring the Group continues to excel and to deliver yet another distinctive set of good result in the company’s business.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 20:59 | Report Abuse

A very strong team at Dayang. Bagus!

Board of Directors


Name Designation

Datuk Hasmi Bin Hasnan Executive Chairman
Ali Bin Adai Independent Non-Executive Director
Datuk Ling Suk Kiong Executive Deputy Chairman
Tengku Dato' Yusof bin Tengku Ahmad Shahruddin Managing Director
Joe Ling Siew Loung @ Lin Shou Long Deputy Managing Director
Jeanita Anak Gamang Executive Director
Wong Ping Eng Non-Independent Non-Executive Director
Gordon Kab @ Gudan Bin Kab Independent Non-Executive Director
Koh Ek Chong Independent Non-Executive Director
Azlan Shah Bin Jaffril Independent Non-Executive Director


https://www.desb.net/bod.php

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 21:36 | Report Abuse

Strong rebound is approaching, hold your breath :)

KUALA LUMPUR (June 4): As Brent crude oil touched US$40 a barrel this week for the first time since March, Maybank Kim Eng is projecting the price to hover around this level for the rest of the year.

This is because there is still a lot of supply, albeit demand having started to improve from May onwards, its oil and gas analyst Liaw Thong Jung said.

At the time of writing, Brent crude oil futures were trading at US$39.41, a significant recovery after having crashed to an 18-year low in April.

Speaking at Maybank Kim Eng's Invest Asean 2020 virtual conference today, Liaw also painted a scenario whereby major oil producers including Saudi Arabia and Russia, have taken the incentive to keep oil prices at US$40 and below, to prevent US shale oil from staging a big comeback.

“That is a psychological point for the oil price market to balance up over the next few years,” he said.

Going forward, Liaw holds the view that oil prices would only go above $US40 in 2021, as oil demand normalises when disruption eases and supply continues to fall, as OPEC+ policy improves.

In terms of preferred O&G counters, Liaw said investors should focus on oil companies with strong balance sheets and minimal orderbook disruption, as well as those with deep-pockets, which will enable them to capitalise on merger and acquisitions opportunities.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 21:45 | Report Abuse

Bagus!


DAYANG Financial Information
Market Capital (RM) 1.401b
Number of Share 1.061b
EPS (cent)* 22.26
P/E Ratio 5.93
ROE (%) 16.37
Profit Margin (%) 22.6
5y CAGR - Revenue (%) 3.6
5y CAGR - PAT (%) 5.9
NTA (RM) 1.360
P/B Ratio 0.97

misk_72

152 posts

Posted by misk_72 > 2020-06-04 21:48 | Report Abuse

Anyone there any suggestion to buy dayang tomorrow & sell when possible with profit

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 22:09 | Report Abuse

masih relevan kini. bagus!

Dayang Enterprise Holdings may soon moves beyond the resistance level RM1.37. With RSI above 50% threshold level, coupled with rising volume, we foresee that there could be a technical breakout soon. If this happens, the next short-term target prices will be RM1.50 followed by RM1.60. In this case, the downside support is marked at RM1.26, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM1.37

Target: RM1.50, RM1.60 (time frame: 2-4 weeks)

Exit: RM1.26

Source: AmInvest Research - 6 May 2020

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 22:15 | Report Abuse

another positive factor regarding dayang, dayang shares from tabung haji cluster were not sold off by urusharta sdn bhd.... unlike mct, bhic, etc etc which were dumped by urusharta,

This could be due to the extreme undervaluation of dayang shares that caused urusharta's unwillingness to dump or wanted to hold for the long run. :)


Stock [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD
Announcement Date 17-Feb-2020
Substantial Shareholder's Particular:
Name URUSHARTA JAMAAH SDN BHD
Details of Changes:
Currency -
Date of Change Type Number of Shares
12-Feb-2020 Transferred 84,004,360
Registered Name Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (1)
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Transfer of Ordinary Shares by the registered holder to Citigroup Nominees (Tempatan) Sdn Bhd who is the custodian and fund administrator for Urusharta Jamaah Sdn Bhd's ("UJ") equity portfolio holdings. UJ is the beneficial owner of the said ordinary shares.
Total no of securities after change
Direct (units) 84,004,360
Direct (%) 7.92
Indirect (units) 0
Indirect (%) 0.00
Total (units) 84,004,360
Total (%) 7.92
Date of Notice 14-Feb-2020

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-04 22:20 | Report Abuse

closing prices from RM1.26 to RM1.46. average price~ RM1.36 from May 8 to June 4. closed at 1.32 today. 6sen from the lowest price and 12 sen from the highest price from may 8 to june 4. quite moderate (tak melampau), belum ada major rebound macam banking, glove, etc yet. sigh!

Recent Prices
Date Open Range Close Change Volume
03/06/2020 1.41 1.30 - 1.44 1.36 0.00 (0.00%) 35,188,800
02/06/2020 1.29 1.29 - 1.36 1.36 +0.09 (7.09%) 30,951,300
01/06/2020 1.31 1.26 - 1.32 1.27 -0.01 (0.78%) 16,770,100
29/05/2020 1.27 1.25 - 1.32 1.28 +0.02 (1.59%) 7,234,300
28/05/2020 1.26 1.21 - 1.29 1.26 0.00 (0.00%) 9,757,500
27/05/2020 1.35 1.26 - 1.37 1.26 -0.05 (3.82%) 20,592,000
22/05/2020 1.39 1.30 - 1.40 1.31 -0.08 (5.76%) 15,907,200
21/05/2020 1.43 1.38 - 1.45 1.39 -0.02 (1.42%) 17,706,500
20/05/2020 1.39 1.36 - 1.45 1.41 +0.02 (1.44%) 11,493,300
19/05/2020 1.52 1.39 - 1.55 1.39 -0.07 (4.79%) 37,590,000
18/05/2020 1.43 1.42 - 1.49 1.46 +0.10 (7.35%) 54,605,700
15/05/2020 1.34 1.30 - 1.40 1.36 +0.06 (4.62%) 44,512,500
14/05/2020 1.30 1.26 - 1.31 1.30 -0.02 (1.52%) 7,945,100
13/05/2020 1.34 1.29 - 1.35 1.32 -0.03 (2.22%) 12,614,000
12/05/2020 1.37 1.33 - 1.38 1.35 -0.01 (0.74%) 8,815,100
08/05/2020 1.37 1.35 - 1.40 1.36 +0.01 (0.74%) 9,444,000

DreamHunter

10,922 posts

Posted by DreamHunter > 2020-06-05 00:47 | Report Abuse

yo yo season again

Depeche

4,451 posts

Posted by Depeche > 2020-06-05 04:27 | Report Abuse

The buzzword now is Gloves.

joyvest

10,499 posts

Posted by joyvest > 2020-06-05 05:57 | Report Abuse

All the hot money in glove

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 07:54 | Report Abuse

virus pandemic will end. Now, oil price is recovering speedily. :)

Global benchmark Brent hit a three-month high today on reports suggesting that OPEC+ is moving towards an agreement to extend production cuts.

He pointed out that Brent has now doubled in price from its lows in April.

The OPEC and allies are expected to meet tomorrow.

The ringgit was traded higher against a basket of benchmark currencies.

It rose against the Singapore dollar to 3.0480/0537 from 3.0503/0547 and was higher against the Japanese yen at 3.9149/9224 from 3.9686/9736.

The local note advanced against the British pound to 5.3638/3743 from 5.3715/3787 and improved against the euro to 4.7769/7856 from 4.7790/7859 at the close yesterday.

@joyvest All the hot money in glove

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-06-05 07:56 | Report Abuse

Dis Brent kena USD43 baru can move la..

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 07:58 | Report Abuse

It was over now when the Brent has now doubled in price from its lows in April. Oil price is Uptrend again.


Dayang: the worst is over
By
Koon yew Yin 8 March 2020

Practically all the listed shares including Dayang are affected by our recent political upheaval and the Coronavirus outbreak in Wuhan. No investors dare to boast that their holdings are not affected.



As you know, Dayang has gone up from 50 sen to a high of Rm 2.94 within 13 months and during this period I have posted many buy recommendations. Only fools did not follow my recommendation to buy Dayang.


Due to our political upheaval and Coronavirus outbreak Dayang price crashed. I am not ashamed to admit that I too have margin call and I sold some at prices above my cost. I believe the worst is over.


Dayang: the worst is over
By
Koon yew Yin 8 March 2020

Practically all the listed shares including Dayang are affected by our recent political upheaval and the Coronavirus outbreak in Wuhan. No investors dare to boast that their holdings are not affected.



As you know, Dayang has gone up from 50 sen to a high of Rm 2.94 within 13 months and during this period I have posted many buy recommendations. Only fools did not follow my recommendation to buy Dayang.


Due to our political upheaval and Coronavirus outbreak Dayang price crashed. I am not ashamed to admit that I too have margin call and I sold some at prices above my cost. I believe the worst is over.

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-06-05 08:11 | Report Abuse

Last time Dayang champion.. now nombo 1,253 one whole KLSE

Alfonso

3,116 posts

Posted by Alfonso > 2020-06-05 08:12 | Report Abuse

brent + WTI pls move on lah wei

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 08:39 | Report Abuse

:)

Striking a bullish note, however, Russia's Energy Minister said the oil market in July could face a shortage of 3-5 million bpd, Interfax news agency reported. - Reuters

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 08:44 | Report Abuse

Oil is essential :)


Oil has long been the engine of the world's economy, and even today—as the search for alternative energy sources gains ground—life without crude oil is hard to imagine. Carbon-based fuels are used in heavy and light manufacturing, in the production process (chemicals, textiles, detergents, and medicines), and in every sector of our transportation industries.

Posted by Siau Siau Boon Seng > 2020-06-05 08:47 | Report Abuse

传将施压他国严格执行·沙俄同意延长减产一个月 | https://www.klsescreener.com/v2/news/view/685069

Posted by Siau Siau Boon Seng > 2020-06-05 08:51 | Report Abuse

昨天谈判。在减产应该今天会起42块美金。

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 09:02 | Report Abuse

Brent crude oil prices have averaged US$41per barrel while the current spot price has recovered to US$39 per barrel from the year-low of US$14 on April 22.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 09:08 | Report Abuse

~70% of Dayang’s revenue came from maintenance


Business Segment
Current quarter ended 31 December 2019
Revenue
Investment Holding
RM'000
Offshore TMS
RM'000
239,510
-
239,510
125,349
(498) - (498)
648 - 648
125,499
Marine Charter
RM'000
45,510
47,813 93,323
24,212
(9,642)
(4,523) (14,165)
375 - 375
10,422
Equipment Rental
RM'000
4,744 4,744
1,819
-
-
-
2 - 2
1,821
Total RM'000
285,020
53,607 338,627
149,876
(19,083) (10,073) (29,156)
1,117 - 1,117
121,837
Adjustments RM'000
-
(53,607) (53,607)
(10,360)
-
8,243 8,243
-
-
-
(2,117)
Consolidated RM'000
285,020
-
285,020
139,516
(19,083) (1,830) (20,913)
1,117 - 1,117
119,720
(42,506)
77,214

Posted by Siau Siau Boon Seng > 2020-06-05 09:17 | Report Abuse

请问这个是业绩报告吗?

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 09:23 | Report Abuse

In QR for Q4,2019.

@06/2020 9:08 AM

Siau Siau Boon Seng 请问这个是业绩报告吗?

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 09:35 | Report Abuse

Among o&g stocks, dayang is more steady . Best option for waiting for oil rebound or rotational play from glove to healthcare to banking then finally oil pulak

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 09:38 | Report Abuse

Predicting dayang price will be between 1.5 to 2 when oil price is between usd40-50 which is near :)

All the best

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 09:52 | Report Abuse

Investment banks Beli, bagaimana dengan anda pulak? :) Artikel April ini Dah using tapi kini Brent price Dah double sekarang , Bulan Jun ini :)

Dayang: Investment Banks buying aggressively
Koon Yew Yin Koon Yew Yin
2 months ago


Koon Yew Yin 3 April 2020

Yesterday the price shot up 20 sen from Rm 1.15 to close at Rm 1.35, with 64.8 million shares traded. As you know, the daily trading hours are from 9 am to 12.30 and from 2.30 to 5 pm, a total of 6 hours. If you divide 64.8 by 6 = 10.08 million shares traded in 1 hour. In the last couple of weeks, several tens of million shares were traded daily.

Only Investment Banks have so much money to buy so aggressively. Moreover, you cannot see any Investment Bank publish buy recommendation. They are happily buying and thousands of small of small ikan bilis are selling to cut loss.

I wish to point out that Public Invest published a buy recommendation which was carried by The Edge quote “Dayang Enterprise Holdings Bhd (Feb 5, M2.80)
Upgrade to trading buy with a target price of RM3.15: Dayang Enterprise Holdings Bhd is starting to make its presence felt internationally, clinching an umbrella contract in Thailand for the provision of modification works for Block B-17 & C-19 and Block B-17-01.” Unquote.

You can read the whole article which I posted a couple of days ago and you must not forget.

During that period, Investment Banks would encourage you to use more margin finance to buy more shares. Due to force sell, Bursa Malaysia has issued instruction to stop force selling.

You can see from the above price chart that the price has been going up higher and higher in the last few weeks. Based on the rapid rise in the last few weeks, the up-trend reversal is confirmed. Never sell an up-trending stock.

Don’t be so stupid to sell an up-trending stock and be cheated.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 10:20 | Report Abuse

Even subsidiary also up :) almost doubled from 10sen low during MCO , correct? :) Dayang to play catch up :)

PERDANA PETROLEUM BHD
Last Price Today's Change
0.19 +0.005 (2.70%)

Board: MAIN
Sector: Energy
Avg Volume (4 weeks): 62,346,823
4 Weeks Range: 0.16 - 0.23
52 Weeks Range: 0.10 - 0.555
Average Price Target: 0.48
Price Target Upside/Downside: +0.29

Mabel

24,087 posts

Posted by Mabel > 2020-06-05 11:10 | Report Abuse

Today my Maybank Platform is back on track

Since I have collected enough Serbadk, today, I decided to collect another 50 Lots of Dayang

What motivate me to top up Dayang?

It is because Serba and Dayang are the Top 2 best O&G in Malaysia.

Now these new batches are already set on auto cruises to RM 2.00

Let's see which Battleship will break RM 2 first...Serba? Dayang?

So 5 Meow for each 10 lots...

Meow Meow Meow Meow Meow

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 11:33 | Report Abuse

Ya lah, pakar analisis teknikal, dah makin hampir jadi kenyataan . Tahniah

达扬企业上挑RM1.50/敏源
Author: Tan KW | Publish date: Wed, 3 Jun 2020, 6:43 AM


多只重量级蓝筹股项扶持下,富时隆综指的交投走势继续往上冲升。

富时隆综指于6月2日闭市时以1507.69报收,按日再涨17.55点或1.18%。它的整日交投波幅介于29.57(1480.17-1509.24)点间。

富时隆综指30只成分股,于6月2日持续展现着一段技术反弹走势,上升股项为596只,而下跌股项为428只。

达扬企业(DAYANG,5141,主板能源股)于6月2日闭市时收1.36令吉,按日涨9仙或7.09%。

该股30分钟图表走势,于6月2日的交投走势突破顶头阻力线(B1:B2)。

达扬企业30分钟平滑异同移动均线指标(MACD),于6月2日的交投走势处于一个上升走势。

该股处于“0”支撑线上波动,达扬企业的后市交投走势,或会出现一段短线回试下限支持线的支撑(B1:B2)。

达扬企业的日线图表走势于回试后,或会显现一段反弹走势,或会挑战1.37至1.50令吉阻力水平。




免责声明:本文纯属技术面分析,仅供参考,并非推荐购买。投资前请咨询专业金融师。





https://www.enanyang.my/行家论股/达扬企业上挑rm150敏源

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 11:34 | Report Abuse

buy rate above 60% + syabas

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 11:34 | Report Abuse

weighted average price pulak 1.3384 sehingga sekarang. cantik

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 11:39 | Report Abuse

Kami tak bodoh, TK! :)


"Jangan jadi terlalu bodoh untuk menjualkan syer Yang sedang meningkat Dan ditipu" .

Don’t be so stupid to sell an up-trending stock and be cheated

Koon Yew Yin

3 April 2020

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