DAYANG ENTERPRISE HOLDINGS BHD

KLSE (MYR): DAYANG (5141)

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Last Price

2.55

Today's Change

-0.06 (2.30%)

Day's Change

2.52 - 2.61

Trading Volume

5,135,700


27 people like this.

37,365 comment(s). Last comment by cheap1 15 hours ago

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-11-08 01:31 | Report Abuse

walaoweyyhhh

VenFx

14,784 posts

Posted by VenFx > 2021-11-08 12:34 | Report Abuse

Selling pressure is loosing gas ... lets see can touch $1.05 not ?

swimvshark

147 posts

Posted by swimvshark > 2021-11-08 14:30 | Report Abuse

i think dont think so much. today see counter seem want to park 990 995, just follow the flow. unlesss vol increase can attract more people. no vol dont play

VenFx

14,784 posts

Posted by VenFx > 2021-11-09 13:27 | Report Abuse

Yaa, better dive more
I like it that way

Posted by Dingdongbell > 2021-11-15 23:15 | Report Abuse

Collect Dividends 1.5 ex on nov25. Keep better

UnicornP

2,748 posts

Posted by UnicornP > 2021-11-17 10:29 | Report Abuse

Quite hard to buy Dayang.

Vicky

1,196 posts

Posted by Vicky > 2021-11-18 20:43 | Report Abuse

dayang show them what you can do...0.925 too cheap to buy

RCZ2020

771 posts

Posted by RCZ2020 > 2021-11-23 12:52 | Report Abuse

Dayang what the hell is happening? Bloody bad

RCZ2020

771 posts

Posted by RCZ2020 > 2021-11-23 18:14 | Report Abuse

It will shoot up soon

benyeoh59

32 posts

Posted by benyeoh59 > 2021-11-24 17:07 | Report Abuse

Ya, too much short sellers

RCZ2020

771 posts

Posted by RCZ2020 > 2021-11-25 09:43 | Report Abuse

Dividend day. No movement

Posted by valueplayer > 2021-11-25 21:53 |

Post removed.Why?

RCZ2020

771 posts

Posted by RCZ2020 > 2021-11-28 18:24 | Report Abuse

Hope will pick uptrend soon

Windy1974

724 posts

Posted by Windy1974 > 2021-11-29 11:01 | Report Abuse

Windy1974 Promotion time since JAKS is so boring. KLSE is dead and i expect this situation to persist into 2022. With the revision in stamp duty, pump and dump syndicates will face harder chance to cari makan. Cos creating volumes will cost them dearly unlike previous. Personally, i am glad. Cos it means less speculation and more investment. Do go and listen to grand pine Tan KW. He is a very good, conscious guru. I understand he is not Malaysian? So sad we need a non Malaysian to teach us about share investment.
I bought into Dayang today and added more on Hibiscus. Both O&G counters. I am in O&G so i know a recovery is imminent. Hibiscus turnaround in profit will be significant from 2022 first quarter and Dayang would see recovery by 2nd Q 2022 latest. I don't foresee Dayang could scale new heights in profit of 2019 but we started at a low base with 0.83 and a market cap less than RM1B. The added bonus for Dayang in 2022 onwards is the demise of Serba. Only 3 companies could fill the vacuum left behind when Serba goes bust. Dayang, Petra and Sapura. I bet Dayang gonna get the biggest share of it. Of course, we are not talking about RM7.7B orders. But addition of RM100-200M contract a year possible.
In no mood to write further. Happy investing
29/11/2021 10:57 AM

nashvz

263 posts

Posted by nashvz > 2021-11-30 10:18 | Report Abuse

dayang is very cheap. even the warrant C19 looks very bargain

nashvz

263 posts

Posted by nashvz > 2021-12-01 09:18 | Report Abuse

despite new variant, oil price will rise rapidly.

buy cheap oil stock while still cheap :) oil expected to rise towards $125 next few months!

Dayang is huge bargain at the moment

https://oilprice.com/Energy/Energy-General/Oil-Prices-Projected-To-Hit-125-In-2022.html

RCZ2020

771 posts

Posted by RCZ2020 > 2021-12-03 20:50 | Report Abuse

Brent oil doing good. Maintaining above 70 pb. O&G should be doing good soon

Chung

527 posts

Posted by Chung > 2021-12-11 17:27 | Report Abuse

If Sarawak election win by GPS , Dayang may benefit from here back to RM1.00 soon

RCZ2020

771 posts

Posted by RCZ2020 > 2021-12-19 19:12 | Report Abuse

Chung, Sarawak election GPS won with super majority. What's next?

Posted by bullmarket1628 > 2021-12-23 05:40 |

Post removed.Why?

Posted by bullmarket1628 > 2021-12-24 07:08 |

Post removed.Why?

Posted by bullmarket1628 > 2021-12-28 06:13 |

Post removed.Why?

RCZ2020

771 posts

Posted by RCZ2020 > 2021-12-30 17:16 | Report Abuse

Going to be good. Hold

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-02 20:28 | Report Abuse

Looking at the oil price dayang will move up to RM1 soon

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-02 20:29 | Report Abuse

Will hold until RM1.50. Coming soon

liykkle

7 posts

Posted by liykkle > 2022-01-03 15:40 | Report Abuse

It's awake

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-03 20:31 | Report Abuse

O&G counters to consider. Will move up soon

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-03 20:33 | Report Abuse

Wll dayang move above RM1?

nashvz

263 posts

Posted by nashvz > 2022-01-04 04:56 | Report Abuse

been buying warrant C19 on Dayang. its way cheap and if oil price continue to rise (and so does dayang share price), then this warrant can be several bag in the money.

Posted by bullmarket1628 > 2022-01-04 06:35 |

Post removed.Why?

nashvz

263 posts

Posted by nashvz > 2022-01-04 09:46 | Report Abuse

not easy to buy warrant c19 with dayang. cheap one slowly being bought up

Chung

527 posts

Posted by Chung > 2022-01-04 14:35 | Report Abuse

nashvz You buy Call warrant C19.... next time you want to sell... No buyer... you cry lah...Dont play with call warrant...

param1

782 posts

Posted by param1 > 2022-01-04 15:55 | Report Abuse

alamak up a few cents all excited aleady ka

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-04 16:57 | Report Abuse

Don't touch call warrant. If expires you get nothing. I lost big money in call warrant. Please don't touch

swimvshark

147 posts

Posted by swimvshark > 2022-01-04 20:55 | Report Abuse

nashvz already bought but he need people buy from him. so he come here spread some news lo. normally people wont throw money into sea. usually cold stock not much people dare to buy, hope some water fish buy from you

Posted by bullmarket1628 > 2022-01-05 06:15 |

Post removed.Why?

Posted by bullmarket1628 > 2022-01-05 06:52 | Report Abuse

Oil ends up at $80/bbl as OPEC+ sticks with Feb output hike
https://www.reuters.com/markets/commodities/oil-prices-steady-ahead-opec-output-policy-meeting-2022-01-04/
By Arathy Somasekhar 6.35am 5-1-2022

* Brent almost back to Nov levels before first Omicron reports OPEC+ decision reflects easing concern of oil surplus
* U.S. State Department says Iran talks show modest progress
* POLL-U.S. crude stockpiles seen lower for sixth straight week
* Coming Up: Weekly API inventory data due at 2130 GMT

Jan 4 (Reuters) - Global benchmark Brent crudejumped on Tuesday to $80 a barrel, its highest since November, as OPEC+ agreed to stick with its planned increase for February based on indications that the Omicron coronavirus variant would have only a mild impact on demand.

Brent futures settled up $1.02, or 1.3%, at $80 a barrel, almost back to the level they were at on Nov. 26 when reports of the new variant first appeared, sparking a more than 10% decline in prices on that day.
U.S. West Texas Intermediate (WTI) crude rose 91 cents, or 1.2%, to $76.99.

"The oil market is bullish today as a result of optimism sourced from today's monthly OPEC+ meeting, which is helping oil prices trade higher," said Rystad Energy's head of oil markets, Bjornar Tonhaugen.
OPEC+, comprising of the Organization of the Petroleum Exporting Countries and allies, agreed to stick to its planned increase of 400,000 barrels per day (bpd) in oil output in February.
Its decision reflects easing concerns over a big surplus in the first quarter, as well as a wish to provide consistent guidance to the market. Crude stockpiles in the United States, the world's top consumer, were forecast to have dropped for a sixth consecutive week, analysts polled by Reuters estimated ahead of weekly industry data due at 4:30 p.m. EST (2130 GMT), followed by the government's report on Wednesday.
The White House welcomed the decision by OPEC+ to continue increases in production which will help facilitate economic recovery, a spokesperson said.
"It appears that the market is making the bet that Omicron is the beginning of the end of COVID-19," said Scott Shelton, an energy specialist at United ICAP.
In Britain, people being hospitalised with COVID-19 were generally showing less severe symptoms than previously.
While in France, the finance minister said some sectors were being disrupted by the surge of the fast-spreading Omicron variant, but there was no risk of it "paralysing" the economy and stuck to a forecast of 4% GDP growth in 2022.
Global manufacturing activity remained strong in December, suggesting Omicron's impact on output had been subdued.
However, analysts warned OPEC+ may have to change tack if tension between the West and Russia over Ukraine flares up and hits fuel supplies, or if Iran's nuclear talks with major powers make progress, which would lead to an end to oil sanctions on Tehran.
"We think these two events represent major wildcards that could quickly alter the price trajectory and test OPEC's rapid response mechanism," RBC analysts said in a note.
The U.S. State Department said talks with Iran have shown modest progress and that United States hopes to build on that this week.
Libyan output is likely to be about 500,000-600,000 bpd lower in the coming weeks, more than offseting the planned monthly increase in OPEC+ production, chief commodities economist at Capital Economics Caroline Bain said.

Libya's state oil firm said on Saturday oil output would be reduced by 200,000 bpd for a week due to maintenance on a main pipeline, adding to disruptions two weeks ago after militia blocked operations at the Sharara and Wafa oilfields.
However, Bain said Capital Economics remained of the view that as OPEC+ continues to raise production in the coming months and demand growth normalises, oil prices will come under downward pressure. Capital Economics' year end-2022 forecast for Brent crude is just $60 per barrel.

Davidl

1,804 posts

Posted by Davidl > 2022-01-05 11:23 | Report Abuse

Time to accumulate!

nashvz

263 posts

Posted by nashvz > 2022-01-06 04:26 | Report Abuse

its all about timing. now is time to buy, mother share and warrant. for warrant, the key is to buy the one that low price and will be about to be in the money. with rising dayang price, C19 will be in the money soon. choose your timing wisely as otherwise you will loose money in mother share and warrant

Posted by bullmarket1628 > 2022-01-07 06:56 |

Post removed.Why?

Posted by bullmarket1628 > 2022-01-07 07:42 | Report Abuse

Oil extends rally on Kazakhstan unrest and Libyan outages 6.35am 5-1-2022
By Jessica Resnick-ault

https://www.reuters.com/markets/europe/oil-falls-one-month-high-opec-supply-plans-us-fuel-inventory-surge-2022-01-06/
* Russia moves paratroopers into Kazakhstan to quell uprising
* Libyan oil output down to 729,000 bpd, NOC says
* Market shrugs off U.S. fuel stock surge, OPEC+ output hike

Posted by bullmarket1628 > 2022-01-07 07:43 | Report Abuse

NEW YORK, Jan 6 (Reuters) - Oil prices rose about 2% on Thursday, extending their new year's rally, on escalating unrest in OPEC+ oil producer Kazakhstan and supply outages in Libya.
Brent crude futures rose $1.19 cents, or 1.5%, to settle at $81.99 a barrel, after hitting their highest since late November. U.S. West Texas Intermediate (WTI) crude gained $1.61, or 2.1%, to $79.46. The contract touched a session high of $80.24.

Russia sent paratroopers into Kazakhstan to help quell a countrywide uprising after deadly violence spread across the tightly controlled former Soviet state.
There were no indications that oil production in Kazakhstan has been affected so far. The country produces about 1.6 million barrels of oil per day.
Meanwhile in Libya, oil output was at 729,000 barrels per day, the National Oil Corp said, down from a high of more than 1.3 million bpd last year, owing to maintenance and oilfield shutdowns.
Global benchmark Brent's six-month backwardation stood at about $4 a barrel, its widest since late November. Backwardation is a market structure where current prices trade at a premium to future prices and is usually a sign of a bullish market.
Prices have rallied since the start of the year despite OPEC+ sticking to an agreed output target rise and a surge in U.S. fuel stockpiles.
"OPEC production, while it did increase, disappointed the market - it is not going to be enough to keep up with demand," said Phil Flynn, an analyst at Price Futures Group in Chicago.
OPEC+, a group that includes members of the Organization of the Petroleum Exporting Countries, Russia and other producers, agreed on Tuesday to add another 400,000 bpd of supply in February, as it has done each month since August as it gradually relaxes 2020's cuts as demand recovers from the pandemic.
However, the increase in OPEC's output in December has again undershot the rise planned under the OPEC+ deal, a Reuters survey found on Thursday, highlighting capacity constraints.
JP Morgan forecast Brent to average at $88 a barrel in 2022, up from $70 last year.
"Our reference case now assumes the alliance will fully phase out the remaining 2.96 million bpd of oil production cuts by September 2022," the bank's analysts said in a note.
Government data on Wednesday showed that U.S. gasoline inventories surged by more than 10 million barrels last week, the biggest weekly build since April 2020, as supplies backed up at refineries because of reduced fuel demand.
Crude inventories in the United States, the world's top consumer, have fallen for six consecutive weeks by the end of the year to 417.9 million barrels, their lowest since September, the data showed.
U.S. crude futures suggest supplies will remain tight early in the new year. A barrel of oil for delivery in June is selling at a $4.10 premium to a barrel for delivery in December, the highest since Nov. 2, a signal of near-term rising demand.
Meanwhile, the world's top oil exporter, Saudi Arabia, cut the official selling price for all grades of crude it sells to Asia in February by at least $1 a barrel, three sources with knowledge of the matter said.

Chung

527 posts

Posted by Chung > 2022-01-07 13:53 | Report Abuse

nashvz Everyday you park to sell at Dayang C-19 at 5 cents, Everyday in this forum you ask peoples buy Dayang-C19....Very smart....hahahaha

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-11 21:57 | Report Abuse

Why dayang not much movement?

Posted by bullmarket1628 > 2022-01-12 06:13 |

Post removed.Why?

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-12 19:42 | Report Abuse

Hope dayang will break 1.00 soon

RCZ2020

771 posts

Posted by RCZ2020 > 2022-01-12 19:43 | Report Abuse

Oil is doing good 84usd a barrel

Posted by bullmarket1628 > 2022-01-13 06:19 |

Post removed.Why?

Posted by bullmarket1628 > 2022-01-13 07:26 | Report Abuse

Oil rally to continue in 2022 as demand outstrips supply, analysts say
https://www.reuters.com/business/energy/oil-prices-could-hit-100-demand-outstrips-supply-analysts-say-2022-01-12/
By Bozorgmehr Sharafedin 6.00am 13-1-2022
* Oil prices rose 50% in 2021
* JPM expects oil prices to "overshoot" to $125 this year
* Some OPEC producers are struggling to raise supply
* OPEC doesn't want oil at $100 - Omani oil minister

Posted by bullmarket1628 > 2022-01-13 07:30 | Report Abuse

LONDON, Jan 12 (Reuters) - Oil prices that rallied 50% in 2021 will power further ahead this year, some analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude to $90 or even above $100 a barrel.
Though the Omicron coronavirus variant has pushed COVID-19 cases far above peaks hit last year, analysts say oil prices will be supported by the reluctance of many governments to restore the strict restrictions that hammered the global economy when the pandemic took hold in 2020.
Brent crude futures traded near $85 on Wednesday, hitting two-month highs.
"Assuming China doesn't suffer a sharp slowdown, that Omicron actually becomes Omi-gone, and with OPEC+’s ability to raise production clearly limited, I see no reason why Brent crude cannot move towards $100 in Q1, possibly sooner," said Jeffrey Halley, senior market analyst at OANDA.
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, are gradually relaxing the output cuts implemented when demand collapsed in 2020.
However, many smaller producers can't raise supply and others have been wary of pumping too much oil in case of renewed COVID-19 setbacks.

Morgan Stanley predicts that Brent crude will hit $90 a barrel in the third quarter of this year.
With the prospect of depleting crude inventories and low spare capacity by the second half of 2022, and limited investments in the oil and gas sector, the market will have little margin of safety, the bank said.
JPMorgan analysts said in a note on Wednesday that they could see oil prices rising by up to $30 after the Energy Information Administration (EIA) and Bloomberg lowered OPEC capacity estimates for 2022 by 0.8 million barrels per day (bpd) and 1.2 million bpd respectively.

However, the bank added that it also expects oil prices to "overshoot" to $125 a barrel this year, and $150 in 2023.
Rystad Energy's senior vice-president of analysis Claudio Galimberti said if OPEC was disciplined and wanted to keep the market tight, it could boost prices to $100.
However, he said he did not consider this a likely scenario and while oil could "momentarily" reach above $90 this year, downward pressure on prices would come from production increases in Canada, Norway, Brazil and Guyana.
Omani Oil Minister Mohammed Al Rumhi also said on Tuesday that the group doesn't want to see $100 barrels of oil.
"The world is not ready for that," Al Rumhi was quoted as saying by Bloomberg.
High oil prices, which also drive up gasoline and diesel prices, could keep inflation uncomfortably high well into 2022 amid snarled global supply chains, slowing the economic recovery from the pandemic in many countries.
Standard Chartered, meanwhile, has raised its 2022 Brent forecast by $8 to $75 a barrel and its 2023 Brent forecast by $17 to $77.
In a Reuters poll in late December, 35 economists and analysts forecast Brent would average $73.57 a barrel in 2022, about 2% lower than $75.33 consensus in November. The forecast shows the average price for the year, not the peak.
Brent prices have not touched $90 and $100 since 2014, when they were retreating from a high above $115 to as low as $57 by the end of the year.

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