Posted by Enemiemannan > 2019-08-02 10:59 | Report Abuse

4 years oredi..still same

Posted by DickyMe > 2019-08-02 11:01 | Report Abuse

What you expect when idiots hold high post just for the pay cheque and glamour.

Posted by Tuck Chiew Soo > 2019-08-02 15:39 | Report Abuse

Next time reject these animals

Posted by Enemiemannan > 2019-08-06 11:52 | Report Abuse

Drving Mercedez, Bentley..Sitting First Class when company perform like shit

Posted by Wow123 > 2019-08-06 23:24 | Report Abuse

Normal this chicken Joker

Posted by Yang Addison > 2019-08-26 22:14 | Report Abuse

how good？

Posted by 120453 > 2019-08-26 22:17 | Report Abuse

Finally turned around after so many years....
Can finally see the silver lining....

Posted by 120453 > 2019-08-26 22:17 | Report Abuse

Well done Doh Brothers!

Posted by Yang Addison > 2019-08-27 12:15 | Report Abuse

price still die die。哈哈哈哈

Posted by shareall > 2019-08-28 13:53 | Report Abuse

Ada untung tapi share tarak naik...

Posted by Lucky DBE > 2019-08-28 14:43 | Report Abuse

Just be patient... on track now the business

Posted by bestoobest > 2019-09-15 20:00 | Report Abuse

why the big volume

Posted by pamie > 2019-09-19 09:46 | Report Abuse

Price stagnant for so looong. Weird

Posted by 986303654745014 > 2019-09-19 10:27 | Report Abuse

Counter close,why?

Posted by Yang Addison > 2019-09-24 12:39 | Report Abuse

when@sani wahi

Posted by Yang Addison > 2019-10-03 00:34 | Report Abuse

9点股票
卖旗下6公司51%股权给创办人陈氏家族 杜家带领DBE转型为发展商公司

➖ @klsestockmarket2 ➖
any announcement？

Posted by Sani Wahi > 2019-10-03 14:20 | Report Abuse

https://www.theedgemarkets.com/article/dbe-gurney-group-md-buy-controlling-stake-six-units

Posted by Yang Addison > 2019-10-03 21:01 | Report Abuse

bad news？

Posted by klm80 > 2019-10-09 16:18 | Report Abuse

stagnant for how long .....

Posted by constantine007 > 2019-10-11 04:30 | Report Abuse

no more hope i guess

Posted by Yang Addison > 2019-10-15 12:37 | Report Abuse

yalor no action after announcement

Posted by Yang Addison > 2019-10-16 12:40 | Report Abuse

no more show

Posted by klm80 > 2019-10-23 10:47 | Report Abuse

wake up wake up....

Posted by 120453 > 2019-10-31 10:34 | Report Abuse

Coming

Posted by constantine007 > 2019-11-05 20:06 | Report Abuse

haiyaa...what happen to DBE...

Posted by Yang Addison > 2019-11-07 22:51 | Report Abuse

die lo？

Posted by rhinos > 2019-11-08 22:03 | Report Abuse

Longtime sleep

Posted by klm80 > 2019-11-11 10:29 | Report Abuse

Halo Halo.. anybody home..

Posted by NSKNSKNSK > 2019-11-15 20:11 | Report Abuse

Hi all, DBE quarter report expected next week out. I top up another RM 0.03 x 1000 lot few days ago. All the best and good luck !

Posted by Daily8 > 2019-11-17 15:20 | Report Abuse

NSK, why so fast top up? Profit from the construction is only 2020 n 2021. I don't see any significant.

Posted by Lucky DBE > 2019-11-19 13:34 | Report Abuse

At least dbe now heading to profitable company.. and.... the % value of company is high....

Posted by NSKNSKNSK > 2019-11-19 19:43 | Report Abuse

-A+A
KUALA LUMPUR (Oct 2): Datuk Ding Seng Huat, the group managing director (MD) of D.B.E. Gurney Resources Bhd, is buying a 51% controlling stake in six wholly-owned subsidiaries of DBE for a combined RM32.58 million cash.

The units are D.B.E. Poultry Sdn Bhd, D.B.E. Breeding Sdn Bhd, D.B.E. Hatchery Sdn Bhd, D.B.E. Marketing Sdn Bhd, D.B.E. Food Processing Industries Sdn Bhd and D.B.E. Gurney Chicken Sdn Bhd.

The RM32.58 million consideration comprises a disposal consideration of RM10.2 million and settlement of RM22.38 million owing from DBE Poultry to DBE. DBE said the group is expected to record a proforma gain of RM457,070, arising from the proposed disposal.

The proposed disposal is deemed a related party transaction as Ding is the group MD and shareholder of DBE, with a 4.89% stake as at April 1, 2019.

In a bourse filing today, DBE said the board, however, has been notified of Ding's intention to relinquish his position as the group
MD upon completion of the proposed disposal to focus his efforts on managing the business activities of the six companies, moving forward.

The group has today entered into a conditional share sale agreement (SSA) with Ding for the proposed disposal.

Under the SSA, Ding has granted a put option to DBE to sell all or part of the remaining 49% stake in the six companies at a total exercise price of up to RM9.8 million. DBE has also granted a call option to Ding to acquire all or part of the option shares at the exercise price.

"If the put option and/or call option are fully exercised, DBE will no longer be involved in poultry-related businesses," DBE said.

Upon completion of the proposed disposal, the six companies will cease to be DBE’s subsidiaries and will become 49%-owned associates.

The six companies are currently dormant and were previously involved in poultry-related businesses which includes poultry breeding, hatchery, processing and sale of chickens and other food stuff, trading of related poultry farm products and operation of food and beverage outlets. As at Dec 31, 2018, the companies were in net liability position, solely due to impairment of its receivables from DBE Poultry of RM13.32 million provided during the year.

DBE intends to use RM22,000 or 67.53% of the RM32.58 million proceeds received from the proposed disposal for property development activities, and RM10,000 or 30.68% for working capital.

Meanwhile, revenue from its poultry segment has decreased in the past five years and the group has continued to record losses for the past 10 years except for the financial year ended Dec 31, 2016 (FY16), DBE noted.

In contrast to the poultry segment, the property development segment has been the sole profit contributor to the group, contributing a pre-tax profit of RM4.52 million for FY18 and RM4.39 million for the six months ended June 30, 2019.

Thus, the offer by Ding to acquire a stake in the poultry business of DBE is seen as an opportunity for the group to exit from its loss-making poultry business, stemming further potential losses to the group, as well as to refocus its resources to expand its property development business, DBE said.

Nevertheless, the proposed disposal is subject to approvals from shareholders at an extraordinary general meeting to be convened.

AmInvestment Bank Bhd has been appointed as the principal adviser for the proposed exercise, which is expected to be completed by the fourth quarter of the year.

DBE shares closed unchanged at 3 sen today with 100,000 shares done, bringing a market capitalisation of RM80.35 million.


https://www.theedgemarkets.com/article/dbe-gurney-group-md-buy-controlling-stake-six-units

Posted by Simon_khoo > 2019-11-25 17:56 | Report Abuse

Fantastic quarterly results!

Posted by Simon_khoo > 2019-11-25 17:57 | Report Abuse

Effective today, DBE is no longer related to poultry biz, it’s the cheapest property development company!

Huat ar!

Posted by Simon_khoo > 2019-11-25 18:03 | Report Abuse

EPS @ 0.17c, annualized PE < 5.
Tomorrow sure pecut!

Posted by Simon_khoo > 2019-11-25 18:06 | Report Abuse

PBT 6.001m
PAT 4.637m

Posted by Simon_khoo > 2019-11-25 18:18 | Report Abuse

Mr Satha, where are you

Posted by Lucky DBE > 2019-11-25 20:07 | Report Abuse

Yey

Posted by Simon_khoo > 2019-11-25 20:14 | Report Abuse

0.06 tomorrow

Posted by Wow123 > 2019-11-26 09:15 | Report Abuse

good result Q3

Posted by Wow123 > 2019-11-26 10:16 | Report Abuse

20sen up

Posted by Lucky DBE > 2019-11-26 19:18 | Report Abuse

Climb slowly..... till the top...

Posted by prc4wifefe > 2019-11-27 03:39 | Report Abuse

satha did u live to see this day??? your belived dbe made profit finally

Posted by Simon_khoo > 2019-11-27 09:21 | Report Abuse

This stock will only move after changing name...

Posted by prc4wifefe > 2019-11-27 14:09 | Report Abuse

R.I.P. Satha

Posted by willc48 > 2019-11-27 14:38 | Report Abuse

as long still deeply runs by family, screw up

Posted by Simon_khoo > 2019-11-27 15:08 | Report Abuse

Already changed ownership

Posted by Simon_khoo > 2019-11-27 15:09 | Report Abuse

That’s why turned around

Posted by Lucky DBE > 2019-11-27 17:59 | Report Abuse

That right....dex!!! If u dont have something nice to say just dont say it ok....

Posted by prc4wifefe > 2019-11-27 18:18 | Report Abuse

change name to SetiAwan