INGENIEUR GUDANG BERHAD

KLSE (MYR): INGENIEU (5178)

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Last Price

0.04

Today's Change

-0.005 (11.11%)

Day's Change

0.04 - 0.045

Trading Volume

2,616,000


3 people like this.

2,670 comment(s). Last comment by MarioBros 4 days ago

Posted by TillyLovers > 2019-12-13 18:02 | Report Abuse

Just saw insider news, the directors started disposing shares at RM0.075. Do they give an opportunity to the market investing in the company?

B4b4

7,592 posts

Posted by B4b4 > 2019-12-13 18:18 | Report Abuse

No worries TillyLovers, the previous directors Mr Lee and Dato Liang are off board now, whereas the new directors are Mr Woon and Mr Khoo, both from Dynaciate Engineering Sdn Bhd.

Qbb99

238 posts

Posted by Qbb99 > 2019-12-14 10:21 | Report Abuse

New directors on board and new business segment ie Construction and Engineering works. This is going to be interesting.

B4b4

7,592 posts

Posted by B4b4 > 2019-12-14 12:23 | Report Abuse

Dynacia is shifting business from steel manufacturing to Construction and Engineering works.

Posted by kenneth_lbw > 2019-12-15 19:39 | Report Abuse

yes, b4b4 u r right, i am buy and wait the next 2 qr result.

zhm540

2,488 posts

Posted by zhm540 > 2019-12-16 12:16 | Report Abuse

I know the new director as I have helped them to secure the job before.. but the environment is tough at the moment. Will stay low for now until new projects coming in.

oskchoon

3,186 posts

Posted by oskchoon > 2019-12-16 13:13 | Report Abuse

Yes, it will consolidated for a while until next QR result, it should be positive, once the Penang land deal is done , even better ...

B4b4

7,592 posts

Posted by B4b4 > 2019-12-16 18:18 | Report Abuse

An excellent company, Dynaciate Engineering Sdn Bhd has 17 years experience in Construction and Engineering works since 2002. This new tai Ko will bring the stock to new high.

oskchoon

3,186 posts

Posted by oskchoon > 2019-12-17 19:23 | Report Abuse

Presently at 0.075 closing price, it is a very good buy, problem is no seller willing to sell at 0.075

B4b4

7,592 posts

Posted by B4b4 > 2019-12-18 06:49 | Report Abuse

Bandar Malaysia Project is on. From Sg Besi KL to JB and into Singapore, the soon HSR will be on too. Dynacia main business is around that region. Hopefully, this company will benefit from spillover effects.

Qbb99

238 posts

Posted by Qbb99 > 2019-12-18 09:36 | Report Abuse

Wow, so many buyers at 7.5s ie 36.6m queue to buy against 8.0s selling only 1.67m. Lets hope for 10s soon

oskchoon

3,186 posts

Posted by oskchoon > 2019-12-20 10:53 | Report Abuse

I regret to inform you that someone is trying to dispose with alot of Dynacia shares, pls be careful, never catch the falling knife...

Posted by TillyLovers > 2019-12-20 12:12 | Report Abuse

Hihi, oskchoon. What price can enter for the counter?

oskchoon

3,186 posts

Posted by oskchoon > 2019-12-20 15:20 | Report Abuse

It will keep on falling until positive QR report is confirmed and director stop selling...

Posted by 靓女 phoon phoon > 2020-01-03 10:20 | Report Abuse

GREAT NEWS GUYS, JUST FOR SHARING AND NO OFFEND, TODAY ARBB 7181 AND AGESON 7145 ALSO SUDDEN SHOOT UP PRICE, INVEST NOW CAUSE ARBB BIG PROJECT GONNA ANNOUNCE WITHIN 10 DAYS! CHEERS GUYS

Posted by 靓女 phoon phoon > 2020-01-03 10:20 | Report Abuse

SHARING IS CARING

zhm540

2,488 posts

Posted by zhm540 > 2020-01-07 09:03 | Report Abuse

the new shareholders are pushing the old guards out...so be careful as the price might drop further.. at least for next few months.

cashflow

3,642 posts

Posted by cashflow > 2020-01-07 16:33 | Report Abuse

Technical quite low. After Q4 report, I believe it will bounce back because Dyna already bagged key contracts

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-08 19:45 | Report Abuse

Yes, 0.07 is a good buy based on profit in 2020, once the Penang land deal is done, the share price will jump, finger crossed...

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-08 19:46 | Report Abuse

Hopefully Dynacia will be a cash rich company and hopefully will pay dividends....

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-10 15:06 | Report Abuse

Dynacia share price jump from 0.07 to 0.08 now

zhm540

2,488 posts

Posted by zhm540 > 2020-01-10 22:17 | Report Abuse

be careful. the high volume is due to the current shareholders disposing their shares as per the agreement with Tatt Giap owner.. until the old guards are out, no new business will be coming.

colosh

7 posts

Posted by colosh > 2020-01-13 09:14 | Report Abuse

www.dynaciategroup.com.my

mikeann

829 posts

Posted by mikeann > 2020-01-14 18:15 | Report Abuse

Stock grossly oversold and at multi year low with negligible downside.

Rebound imminent. Immediate resistance at 0.085.

spider68

460 posts

Posted by spider68 > 2020-01-15 16:46 | Report Abuse

Why Annual Report 2019 not out? Why 2019 no AGM?

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 13:46 | Report Abuse

If their QR is negative, they will try to delay it until last minute at end of the month of January..

cashflow

3,642 posts

Posted by cashflow > 2020-01-16 14:41 | Report Abuse

So long in the fridge. No hot news yet? Director not competent, go sell curry puff la. Need to learn how to goreng

cashflow

3,642 posts

Posted by cashflow > 2020-01-17 09:13 | Report Abuse

Sleeping beauty, no power yet.

Posted by 靓女 phoon phoon > 2020-01-17 09:26 | Report Abuse

Insider news :YES CONFIRM- ECRL (mentakab to Maran) will drop in to Ageson7145 new subsidiari, it a joint venture company. clean all the shares now before its too late guys! cheers

peterchua

41 posts

Posted by peterchua > 2020-01-24 12:00 | Report Abuse

The board has done a good job by develeraging the debt. From a high RM40mil++ of debt post takeover, now they have reduced to RM13mil and would be reduced further by RM8mil, to a manageable RM5mil, having obtained the approval for disposal of their warehouse in Penang.

Believe that the RM8mil loan from Public Bank, charged to the warehouse might be hurdle for them to secure construction jobs. Contracts, especially big ones, require financial commitment, through Bank Guarantee, Performance Bond to execute. Hence, they have to resort to encashment of ICPS through conversion to ordinary shares and private placement. However at the current share price, private placement might not be the best option.

Dynaciate's subsidiary (DSPI) lack of track record in construction, might also explain on the dearth of incoming contract, but having secured few contracts through RRPTs and 2 contracts on their own, might open up their chances of getting construction jobs in FY2020. They may do JV with their major shareholder, DESB to bid for projects or going through the M&A route. Having obtained the approval for continuation of RRPTs, they might secure projects from their controlling shareholder, DESB as soon as they received the disposal proceed. In the circular prior to EGM, DESB indicated RM200mil worth of job, which only RM62mil+ realized until now. That is a lot of potential.

At 7 cent, it is worth a look for the potential of turnaround from the past trading business losses. Some may not be comfortable with market dealer manipulating this company share price, but when fundamentals prevails, the price might move upwards. Until it secure new contract, price may be languishing at current level.

My past experience with IRCB (now become Comfort Glove), is that you need to be patient. It may take 3 years or more, but when you have bought at RM0.30 and dispose all at RM1.20, it is worth for the waiting.

Newbiesky

792 posts

Posted by Newbiesky > 2020-01-28 15:48 | Report Abuse

yeah, new shareholder, any idea on that?

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-29 10:13 | Report Abuse

0.07 is a cheap for Credit Suisse to acquire to become major shareholder and rumours that new directors will be appointed soon to take control of Dynacia...

cashflow

3,642 posts

Posted by cashflow > 2020-01-30 15:18 | Report Abuse

Game on

zhm540

2,488 posts

Posted by zhm540 > 2020-01-30 15:30 | Report Abuse

be careful, the old guard has not yet finished selling their shares....

zhm540

2,488 posts

Posted by zhm540 > 2020-01-30 15:34 | Report Abuse

felixlcx oskchoon, the directors from which industry or anymore related news?? I thought Dynaciate will inject their business...

Dynaciate will inject their Dynaciate Engineering once the old guards are out....

cashflow

3,642 posts

Posted by cashflow > 2020-01-31 10:07 | Report Abuse

Directors preventing leakage below 7 cents. They want buy from retailers / public and then push up again

Posted by limitlesss > 2020-01-31 16:19 | Report Abuse

stupid stock...i will not touch this stock unless is 0.005
waste of time waiting for him to grow
Go bank put FD better, can earn more and faster than this lousy stock
useless director

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-31 17:13 | Report Abuse

Gentlemen, first ask yourself why CREDIT SUISSE is not selling only buying slowly at 0.07....

mikeann

829 posts

Posted by mikeann > 2020-01-31 17:28 | Report Abuse

When is the company Quarterly report out ?? Today or next month ??

Posted by TillyLovers > 2020-01-31 23:07 | Report Abuse

Hi, mikeann. The latest QR is released. It records a huge list.

peterchua

41 posts

Posted by peterchua > 2020-02-03 15:53 | Report Abuse

Huge chunk of receivables are from their current major shareholder, Dynaciate Engineering (DESB), and i guess it is back to back with payment from DESB clients. So it is pretty safe.

Thank you zhm540 for information. =)

cashflow

3,642 posts

Posted by cashflow > 2020-02-12 01:08 | Report Abuse

Keep it as fixed deposit.

Posted by Investor L > 2020-02-12 20:17 | Report Abuse

On behalf of the Board of Directors of DGB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Dynaciate SPI Sdn. Bhd. (“DSPI” or the “Purchaser”), a wholly-owned subsidiary of DGB, had on 12 February 2020, entered into conditional sale and purchase agreements (collectively known as the “SPAs” and each of them, a “SPA”) with the following parties:-



i) Dynaciate Engineering Sdn. Bhd. (“DESB”)



a) to acquire a piece of leasehold industrial land located in Johor Bahru, State of Johor together with a factory erected thereon (“Johor Premises”) for a cash consideration of RM16,000,000 (“Proposed Johor Premises Acquisition”); and



b) to acquire machineries and equipment for a cash consideration of RM1,786,431 (“Proposed M&E Acquisition”);



ii) Dynaciate (Kuantan) Sdn. Bhd. (“DKSB”)



a) to acquire a piece of leasehold industrial land located in Kuantan, State of Pahang together with a factory erected thereon (“Pahang Premises”) for a cash consideration of RM9,000,000 (“Proposed Pahang Premises Acquisition”).

Posted by Investor L > 2020-02-12 20:17 | Report Abuse

Wow... Boss start inject assets to Dynacia.

azlan88

509 posts

Posted by azlan88 > 2020-02-17 11:46 | Report Abuse

The only concern right now is their depleting order book. It is good to raise the question in AGM about directors effort to secure direct contract rather than relying on RPTs.

For the injection of asset i.e factories and machineries/equipments, they only need to redeem RM12.5Mil, with the balance RM14Mil can be set off against receivables.

Stupidass

13 posts

Posted by Stupidass > 2020-02-25 11:38 | Report Abuse

Cheap cheap

Stupidass

13 posts

Posted by Stupidass > 2020-02-28 11:41 | Report Abuse

从充满希望到失望,再来的绝望,还差俩步恐慌到最后的怀疑人生,就差不多了

cashflow

3,642 posts

Posted by cashflow > 2020-03-03 13:40 | Report Abuse

New government. More projects to come, up up

cashflow

3,642 posts

Posted by cashflow > 2020-03-09 23:52 | Report Abuse

Still down, hmm.

Stupidass

13 posts

Posted by Stupidass > 2020-03-10 12:14 | Report Abuse

Half cent everyday

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