DAYANG ENTERPRISE HOLDINGS BHD

KLSE (MYR): DAYANG (5141)

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Last Price

2.11

Today's Change

-0.07 (3.21%)

Day's Change

2.10 - 2.22

Trading Volume

10,268,300


27 people like this.

37,412 comment(s). Last comment by DreamSorcerer 1 day ago

Posted by bullmarket1628 > 2021-05-10 17:27 | Report Abuse

Like that tommorrow Dayang going to limit already liao lah !

Huat ah, Heng ah, Ong ah !

nashvz

263 posts

Posted by nashvz > 2021-05-12 09:58 | Report Abuse

dayang very cheap. other oil counters are rising

sheep

3,851 posts

Posted by sheep > 2021-05-14 10:58 | Report Abuse

Aiyoh, oil price continue it’s bear run !
Brent closed at $66.69 ‪-- 0.36 -- 0.54%‬

‪Gone ah, Die ah, Run ah !‬
wakakaka

nashvz

263 posts

Posted by nashvz > 2021-05-18 05:39 | Report Abuse

oil now ticking up again, testing $70 !

Yippy68

1,690 posts

Posted by Yippy68 > 2021-05-18 05:56 | Report Abuse

playing with Dayang, cheap buy, go up sell. you can not predict chun chun oil price.

Posted by bullmarket1628 > 2021-05-18 05:59 |

Post removed.Why?

VenFx

14,784 posts

Posted by VenFx > 2021-05-18 15:58 | Report Abuse

Many veteran players in here.

Good sign

Jack888

865 posts

Posted by Jack888 > 2021-05-18 15:58 | Report Abuse

Uptrend...just follow buy... buy.

Jack888

865 posts

Posted by Jack888 > 2021-05-19 09:32 | Report Abuse

Buy more when price drop back to 1.39 - 1.40

VenFx

14,784 posts

Posted by VenFx > 2021-05-19 23:06 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/2021-05-17-story-h1565093025-Dayang_Enterprise_Holdings_Improvements_Expected_From_2Q21.jsp
Dayang Enterprise Holdings - Improvements Expected From 2Q21
Author: HLInvest | Publish date: Mon, 17 May 2021, 8:50 AM

gogogogo

964 posts

Posted by gogogogo > 2021-05-21 12:00 | Report Abuse

Queue at 1.2

Posted by bullmarket1628 > 2021-05-22 04:07 |

Post removed.Why?

Posted by bullmarket1628 > 2021-05-22 09:22 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-05-22 10:02 |

Post removed.Why?

Posted by bullmarket1628 > 2021-05-24 14:42 |

Post removed.Why?

Posted by idiotinvestor > 2021-05-24 17:14 | Report Abuse

QR booommmmmmmmmmmm hahahahaha

gohkimhock

3,129 posts

Posted by gohkimhock > 2021-05-24 17:20 | Report Abuse

Now you know why i always say high commodity prices might not translate into profit for downstream players. The only guarantee is you extract the commodity and become the wholesaler yourself.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-05-24 20:55 | Report Abuse

Tomoro limit down rip..

Ron90

4,124 posts

Posted by Ron90 > 2021-05-25 00:07 | Report Abuse

this result is for the 1st QR of 2021 where oil price was already above $50 for the whole 3 months..sad.

m_aloha

607 posts

Posted by m_aloha > 2021-05-25 01:31 | Report Abuse

Our financial performance in the first quarter of 2021 was weaker as expected, due to the seasonal monsoon
weather and the recent reinstatement of the Movement Control Order (“MCO”) and Conditional Movement
Control Order (“CMCO”) in various states. These have resulted in lesser activities for the Maintenance,
Construction and Modifications Contract (MCM) and Topside Maintenance Services works under the Pan
Hook-up and Commissioning Contract (Pan HUC). Concurrently, strict adherence to the standard operating
procedures of COVID-19 has also resulted in higher operating costs.
In tandem with lower work orders, vessel utilisation was recorded at lower rate of 20% during the period
under review compared to 55% in the first quarter of 2020. The relatively low vessel utilisation is partly due
to lagged effects of oil majors’ capex reduction in addition to the adverse monsoon weather.
For topside maintenance and offshore activities, we expected to pick up gradually, due to the current
improvement in crude oil prices which are estimated at level of USD60-65 per barrel barring unforeseen
circumstances. Furthermore, we still have call-out contracts estimated at RM2.5 billion which we project that
our vessel utilisation rate to improve, as more vessels are earmarked for our offshore maintenance and hookup commissioning contracts with various oil majors where activities are predicted to be ramping higher.
Total gross proceeds of RM132,342,850.53 were raised from placing
out 96,480,900 shares at placement price of RM1.3717 per share.

PP at 1.3717, anything below this just grab and wait for turnaround

nashvz

263 posts

Posted by nashvz > 2021-05-25 05:54 | Report Abuse

that was historical report that why sp still low. nevertheless, oil price in Q2 is way higher than Q1. going forward Dayang performance will be much better.

Posted by bullmarket1628 > 2021-05-25 07:13 |

Post removed.Why?

MF0001

932 posts

Posted by MF0001 > 2021-05-25 09:56 | Report Abuse

UNKER DAYANG

WAN TO SLEEP SLEEP

STILL HIBERNATING KAH

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by bullmarket1628 > 2021-05-25 13:52 | Report Abuse

Dayang prospects to recover with rising crude oil prices

https://www.thestar.com.my/business/business-news/2021/05/25/dayang-prospects-to-recover-with-rising-crude-oil-prices

* ANALYST REPORTS
* Tuesday, 25 May 2021 
9:02 AM MYT

KUALA LUMPUR: Coming off deep losses in the first quarter of the year, Dayang Enterprise Holdings Bhd
's activity levels are expected to rebound on the back of a recovery in crude oil prices.
According to Kenanga Research, the 1QFY21 core net loss of RM34.5mil was broadly within expectations against its full-year forecast of RM87.6mil and consensus' 2021 projection of RM113mil, as 1Q is seasonally the weakest quarter....

Posted by bullmarket1628 > 2021-05-28 06:00 |

Post removed.Why?

nashvz

263 posts

Posted by nashvz > 2021-05-31 09:15 | Report Abuse

while many are afraid, oil price up again. now at $69, soon topping to $70

Baby Shark

5,931 posts

Posted by Baby Shark > 2021-05-31 10:12 | Report Abuse

Hahaha.. got 1 day sure below 0.90

Posted by bullmarket1628 > 2021-05-31 14:28 |

Post removed.Why?

Posted by bullmarket1628 > 2021-05-31 16:00 |

Post removed.Why?

Posted by bullmarket1628 > 2021-06-01 09:18 |

Post removed.Why?

Posted by bullmarket1628 > 2021-06-01 09:53 |

Post removed.Why?

Posted by Totalpackage > 2021-06-01 22:46 | Report Abuse

$71 alreadyyyyy. Rocketing!!!

Posted by bullmarket1628 > 2021-06-02 09:12 |

Post removed.Why?

Posted by bullmarket1628 > 2021-06-02 16:33 |

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Posted by wallstreetrookie > 2021-06-02 19:13 | Report Abuse

Decarbonization is the future. Rapid declines in carbon emission would reward oil producers that are trying to lead the transition by adopting renewable energy.

Posted by bullmarket1628 > 2021-06-03 06:51 |

Post removed.Why?

Yippy68

1,690 posts

Posted by Yippy68 > 2021-06-03 08:12 | Report Abuse

so good, my way still work, Dayang, below 1.40 buy, sell later, may be 1.50 or more. haha

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-03 08:35 |

Post removed.Why?

Yippy68

1,690 posts

Posted by Yippy68 > 2021-06-03 09:42 | Report Abuse

waiting at 1.50, will let go , oil price can not predict. tomorrow another day.

Posted by bullmarket1628 > 2021-06-03 09:45 |

Post removed.Why?

Vorster89

165 posts

Posted by Vorster89 > 2021-06-03 15:35 | Report Abuse

Die la, bought at 1.48

Posted by bullmarket1628 > 2021-06-04 06:48 | Report Abuse

Wow, oil price continue to rise !
Brent closed at $71.41 ‪+0.06 +0.08%‬

Huat ah, Heng ah, Ong ah !‬

Posted by bullmarket1628 > 2021-06-05 07:08 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-05 08:41 |

Post removed.Why?

greedy44

735 posts

Posted by greedy44 > 2021-06-05 09:10 | Report Abuse

NEW YORK: Oil extended gains on Friday, with Brent topping US$72 a barrel for the first time since 2019, as OPEC+ supply discipline and recovering demand countered concerns about a patchy COVID-19 vaccination rollout around the globe.

The Organization of the Petroleum Exporting Countries and allies on Tuesday said they would stick to agreed supply restraints. A weekly supply report on Thursday showed U.S. crude inventories dropped more than expected last week.

Oil extended gains after U.S. figures showed nonfarm payrolls increased by 559,000 jobs last month. The U.S. dollar weakened after the report, making oil cheaper for holders of other currencies and lending support to oil prices.

Brent crude rose 58 cents, or 0.8%, to settle at $71.89 a barrel, after touching $72.17, its highest since May 2019.

U.S. West Texas Intermediate crude rose 81 cents, or 1.2%, to settle at $69.62. The session high was $69.76, its highest since October 2018.

Oil prices drifted higher after U.S. energy firms this week cut the number of oil and natural gas rigs operating, for the first time in six weeks, data from energy services firm Baker Hughes showed.

"After much dilly-dallying, Brent appears to have found a new home above $70," said Stephen Brennock of oil broker PVM. "Summer and the reopening of the global economy is bullish for oil demand in the second half of the year."

greedy44

735 posts

Posted by greedy44 > 2021-06-05 09:11 | Report Abuse

Brent rose about 3% on the week while U.S. crude notched gains of nearly 5%. It is the second week of gains for both contracts.

Also boosting oil this week was a slowdown in talks between the United States and Iran over Tehran's nuclear programme, which reduced expectations of a return of Iranian oil supply.

"Energy markets are locked in on Iran nuclear talks that should pick up next week," Edward Moya, senior market analyst at OANDA said.

"The fifth round of negotiations will heat up next week and that should keep oil prices supported as Tehran will stick to their red lines for restoring the nuclear deal."

Meanwhile, U.S. crude output is likely to grow more slowly than expected as shale producers have added only a limited number of extra rigs to boost production, opting to push for higher prices and profits instead.

While rising demand and the fast pace of vaccinations in countries such as the United States have boosted oil, a slower inoculation rollout and high infections in the likes of Brazil and India are hitting demand in high-growth oil markets.

"Not every country in the world is on a full recovery mode yet, but at the moment no hiccup seems able to reverse the bullish momentum ushered in by strong summer demand," Rystad Energy's oil markets analyst Louise Dickson said.

Posted by bullmarket1628 > 2021-06-05 11:04 |

Post removed.Why?

Posted by bullmarket1628 > 2021-06-05 11:05 | Report Abuse

RHB Retail Research give Armada a t.p of 0.51
AmInvestment Bank Research give Sapnrg a t.p of 0.29

Huat ah, Heng ah, Ong ah !

Posted by wallstreetrookie > 2021-06-08 09:00 | Report Abuse

Option traders bet on return of 100$ oil despite negative prices in March 2020

casion911

81 posts

Posted by casion911 > 2021-06-08 14:46 | Report Abuse

Buy buy buy and collect serbadk nowww. Its so cheap cheap cheap. Dont miss the flighttt when it shoots highhhh.

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