Posted by InvestorKING > 2019-03-16 17:09 | Report Abuse

Buy Armada and knm more now and onwards, the goreng group is targeting Armada and knm now, besides sapura, perdana, penergy, dayang, alam all these already goreng up by other operators previously, reliable source



Friday Armada down is because of bumi Armada operator keep absorbing shorties shares, goreng group not yet start

But goreng group already started knm already.

Target for knm short run is 0.20, and armada is 0.25 - 0.30

Posted by Chew Richard > 2019-03-16 20:08 | Report Abuse

Perdana's public floating share was just 202 million shares, but more than 339 million shares were traded on March 14, followed by the next days' 183 million shares. Do anybody know what does it mean?

Posted by beinvested > 2019-03-16 22:17 | Report Abuse

Actually 1 million shares on the table can be end up with a total of 10 million shares traded. This is because the shares have changed hands between 10 men.

Perdana's shares held by Dayang (60%) were pledged to the bank, according to the List of 30 major shareholders (as at 31 Mar 2018). This is an important point. When the market value of the pledged securities have increased to RM0.60 from RM0.30 , the bank can extend further credit facilities to Dayang for the purpose of business expansion. Most likely the bank only can accept public listed companies' shares as the collateral and in this case is Perdana, its subsidiary unit controlled by majority shareholdings.

Borrowers would be able to request for further credit facilities if they can provide the current market value of the pledged securities. So, Perdana's CMV has to be maintained or appreciated in order for Dayang to achieve the plan which will be beneficial for Perdana also because internally Dayang can provide advances for Perdana to grow further. When Perdana continue to grow, the value of Dayang will grow also.

Posted by Chew Richard > 2019-03-16 22:59 | Report Abuse

Thank you so much for the clarification. Beinvested.

Posted by Scorse > 2019-03-17 11:39 | Report Abuse

Another reason to hold this stock!

Posted by alex88812 > 2019-03-17 12:49 | Report Abuse

gg... chase high... bought at high price.. >0.52...

Posted by Scorse > 2019-03-17 13:42 | Report Abuse

alex88812 gg... chase high... bought at high price.. >0.52...
17/03/2019 12:49
......................................................................

See tomorrow first.

Posted by InvestorKING > 2019-03-17 15:05 | Report Abuse

Buy Armada and knm more now and onwards, the goreng group is targeting Armada and knm now, besides sapura, perdana, penergy, dayang, alam all these already goreng up by other operators previously, reliable source



Friday Armada down is because of bumi Armada operator keep absorbing shorties shares, goreng group not yet start

But goreng group already started knm already.

Target for knm short run is 0.20, and armada is 0.25 - 0.30

Posted by beachboy > 2019-03-17 16:53 | Report Abuse

If Dayang TP can be rm4, how much perdana worth?

Posted by BOOON > 2019-03-17 17:04 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6097045

Posted by BOOON > 2019-03-17 17:13 | Report Abuse

the above announcement maybe can explain why the directors have been disposing their shares in order to meet public shareholding spread requirement ????

Posted by beinvested > 2019-03-17 19:04 | Report Abuse

The List Requirement was fulfilled. The public must have certain percentage of the issued shares. The holding company and other owners directly or indirectly must have to relinquish some shares whether through the open market or otherwise. Hence, the existence of Perdana listed in the KLSE is already established.

It is not necessary a cheap sale event. The company may use this event to achieve the purpose of reflecting the minimum value of Perdana. Is was not "goreng-goreng" and now it had went until RM0.54 but the argument can be some investors were very interested in Perdana because the NTA and the potential are visible.

Why and when the director/party had exceeded the allowed share holdings that now have to unload is basically immaterial.

There are many public listed companies have not even one subsidiary/unit that are also listed in the Bursa. They have various type of businesses in their subsidiary companies but all of them are classified as Sdn. Bhd. type. Remember, Sdn Bhd companies' shares can not be traded in the stock exchanges. Unlike Dayang. Dayang being the holding company(7108), controlling numerous subsidiary companies, can fetch the good value because its subsidiary companies are contributing the combined EPS say 40 sen a year, so Dayang can attract the price of RM4.00 a share.

But the question is whether Perdana is one of the contributors in the combined EPS.

Going forward, common sense will prevail that, Dayang is surely very serious in making sure that Perdana (its publicly listed unit) no more a loser anymore longer. To Dayang, Perdana should not be undervalued, like dirt RM0.30 only. Almost no one can afford to see that its investment is suspended by Bursa and especially affecting the part of the collateral pledged to the Bank.

But Perdana being Perdana Petrolium Bhd, is an O & G company, will have bright potential in the time of oil boom, will attract very good attention from the investors.

Posted by Juelchong > 2019-03-17 21:59 | Report Abuse

Tp 0.600

Posted by beachboy > 2019-03-17 23:15 | Report Abuse

Good explanation. That's the reason why director need to dispose their share due to the requirements from bursa. Let's see how it move on tomorrow

Posted by Scorse > 2019-03-18 09:07 | Report Abuse

Fly!

Posted by KCinvest > 2019-03-18 10:05 | Report Abuse

Going back to original price.. hmmmm

Posted by musangking998 > 2019-03-18 11:08 | Report Abuse

No power ady???

Posted by Goldensnow > 2019-03-18 11:11 | Report Abuse

Power OTW

Posted by nabilhebat > 2019-03-18 11:15 | Report Abuse

patience is virtue.. no reason to be panic

Posted by Depeche > 2019-03-18 12:42 | Report Abuse

This week may close above 0.50...let's see

Posted by Ziko Ro > 2019-03-18 12:46 | Report Abuse

Battery weak no power. Need more good news to wake up!!

Posted by eddi1230 > 2019-03-18 13:02 | Report Abuse

come on lets power it up 99

Posted by KCinvest > 2019-03-18 14:38 | Report Abuse

0.40! coming soon!

Posted by kamdalf > 2019-03-18 14:40 | Report Abuse

cepat lari, collapse

Posted by Ziko Ro > 2019-03-18 15:04 | Report Abuse

Power rangers !!

Posted by ariffjay > 2019-03-18 15:05 | Report Abuse

Invest Malaysia tomorrow will boost this counter.

Posted by sooaria > 2019-03-18 15:07 | Report Abuse

not much hope

Posted by Ziko Ro > 2019-03-18 15:12 | Report Abuse

Shadow from dayang !!

Posted by nabilhebat > 2019-03-18 15:17 | Report Abuse

too many impatient intradays in this counter

Posted by Goldensnow > 2019-03-18 15:36 | Report Abuse

Good time to enter

Posted by Bullish > 2019-03-18 15:38 | Report Abuse

Switch to seacera

Posted by musangking998 > 2019-03-18 15:39 | Report Abuse

Correction only???

Posted by kentyap11 > 2019-03-18 16:00 | Report Abuse

come on . waiting u at 0.40.

Posted by chia88 > 2019-03-18 16:17 | Report Abuse

Tomorrow drop again

Posted by sufian572 > 2019-03-18 16:18 | Report Abuse

told ya last week
should dump all your share and monitor back this week.
look still weaken.lets hope tomorrow got something

Posted by fobozkc > 2019-03-18 16:29 | Report Abuse

Faster Sell finish before back to 0.4 .

Posted by Wondering > 2019-03-18 17:01 | Report Abuse

Waiting at 0.30

Posted by Ziko Ro > 2019-03-18 17:04 | Report Abuse

Going to the nest if oil prices fall.

Posted by Scorse > 2019-03-18 17:05 | Report Abuse

Following Dayang hahah

Posted by Goldensnow > 2019-03-18 17:05 | Report Abuse

All green signs tomorrow. Gluck to all

Posted by Ziko Ro > 2019-03-18 17:30 | Report Abuse

I dont think perdana will move forward unless dayang have good momentum to go up.

Posted by ramada > 2019-03-18 19:01 | Report Abuse

TP should be RM0.40. Too heat few days ago.

Posted by Maynot > 2019-03-18 19:55 | Report Abuse

Game over. Stop telling yourself lies that this will go up back to >50 cent. You are just dreaming. It might maintain above 40 cent but 50 cent will just be a dream for now. Goreng session over

Posted by Maynot > 2019-03-18 19:57 | Report Abuse

Dont believe in uncle koon dayang RM4 tp. Everyone knows he is con man. He himself even start selling when dayang not even reach rm2 yet.

Posted by KML889 > 2019-03-18 20:59 | Report Abuse

Check this out guys. Dayang, Naim & PPB running the same trend after 2.30pm. It's more obvious for PPB as if a deliberate push down on share price. Any one??

Posted by KML889 > 2019-03-18 21:02 | Report Abuse

Some guy from Dayang said another contract abt to be awarded soon if not tomorrow

Posted by Goldensnow > 2019-03-19 08:57 | Report Abuse

who is that some guy??

Posted by alex88812 > 2019-03-19 09:16 | Report Abuse

gg... loss more than 20%... hold or cut??

Posted by newbe > 2019-03-19 09:16 | Report Abuse

drop more drop more.....

Posted by izzademir > 2019-03-19 09:20 | Report Abuse

alex hold... 20% too much loss..