Posted by shlyw > 2020-11-24 14:36 | Report Abuse

QUALITY (7544)Rumors will be take over.

Posted by Ronaldh > 2020-11-24 20:46 | Report Abuse

waiting for panic again....

Posted by Aaron_tan > 2020-11-24 20:49 |

Post removed.Why?

Posted by growth_investor > 2020-11-24 22:13 | Report Abuse

"The Group is expected to continue to benefit from a recovery in the global automotive industry. To cope with
the strong demand growth, management has brought forward its capacity expansion plan since June 2020.
Based on the order book, we expect the fourth quarter results to be stronger than the current quarter. We also
expect the full year results in 2020 to be ahead of 2019 despite a weak first half."

Expect this company to perform better in the long run!

Posted by Aaron_tan > 2020-11-25 09:20 | Report Abuse

Strong throw as per my prediction

Posted by shlyw > 2020-11-25 09:37 | Report Abuse

D&O
1.490
-0.03 (-2%)
Interim Dividend
D&O GREEN TECHNOLOGIES BERHAD

Entitlement subject Interim Dividend
Entitlement description
Interim Dividend of 0.65 sen per share in respect of the financial year ending 31 December 2020
Ex-Date 09 Dec 2020
Entitlement date 10 Dec 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2020


Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
D&O GREEN TECHNOLOGIES BERHAD

Financial Year End 31 Dec 2020
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Sep 2020
The figures have not been audited
Attachments
Notes_To_The_Interim_Financial_Report_Q3_2020.pdf
116.4 kBQuarter_Result_Q3 2020.pdf
40.1 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
158,858
125,749
366,209
353,840
2 Profit/(loss) before tax
20,030
11,708
26,504
28,110
3 Profit/(loss) for the period
16,434
10,042
21,593
23,537
4 Profit/(loss) attributable to ordinary equity holders of the parent
14,731
9,014
19,332
21,019
5 Basic earnings/(loss) per share (Subunit)
1.30
0.81
1.71
1.73
6 Proposed/Declared dividend per share (Subunit)
0.65
0.50
0.65
1.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3347
0.3178

Posted by Swimmer > 2020-11-25 09:49 | Report Abuse

D&O will continue to grow. New TP 2.00

Posted by kentrade888 > 2020-11-25 10:04 | Report Abuse

There is a good chance to be the next PENTA.

Posted by kentrade888 > 2020-11-25 10:29 | Report Abuse

D&O Green Technologies - Defying the Odds
Date: 25/11/2020

Source : KENANGA
Stock : D&O Price Target : 2.00 | Price Call : BUY
Last Price : 1.49 | Upside/Downside : +0.51 (34.23%)

Back

Upgrade TP to RM2.00 (32% upside). D&O delivered an alltime high quarterly earnings as 3QFY20 PATAMI came in at RM14.7m (+63.4% YoY), bringing 9MFY20 core PATAMI to RM19.3m (-8% YoY). While only representing 57%/60% of our/consensus estimates, we deem it to be in line as we expect back-to-back record earnings in the subsequent 4Q. D&O is experiencing pent-up demand from China car sales as well as strong orders from Europe. We raise FY20E/21E earnings by 10%/19% to account for more design wins coupled with the gradual adoption of its smart RGB which is more lucrative than the standard RGB. Maintain OUTPERFORM with a higher Target Price of RM2.00.

Within expectations. D&O delivered an all-time high earnings as 3QFY20 PATAMI came in at RM14.7m (+63.4% YoY), bringing 9MFY20 PATAMI to RM19.3m (-8% YoY). While only representing 57%/60% of our/consensus estimates, we deem it to be in line as we expect its record breaking feat to continue in the upcoming 4Q.

YoY, revenue for 9MFY20 inched 3.5% higher to RM366.8m despite being plagued by the movement control order (MCO). This was possible due to new business wins (thanks to improved customer’s acceptance of the group’s product) as well as a surge in demand from existing customers. This led to a PATAMI of RM19.3m, narrowing the YoY gap to 8%. QoQ, 3QFY20 revenue jumped 78.2% as PATAMI came in at RM14.7m (vs. RM0.7m in 2Q) as the group is back to full operations.

Back-to-back record earnings incoming. Going into 4QFY20, we expect the group to continue the QoQ growth trend. Essentially, we are forecasting a 7.7% YoY growth for FY20E PATAMI, despite the global pandemic. The group is experiencing a surge in orders from China automotive market with robust demand extending the car sales trajectory on a 7-month growth streak, with Oct recording 9.3% growth YoY. Electric vehicle sales in China grew at a faster pace of 104% YoY in Oct.

LED per vehicle is expected to increase as car makers emphasize more on electric vehicles and driverless vehicles. As one of the pioneers of smart RGB, D&O is well positioned to reap the benefits as car makers adopt such technology. Smart RGB allows for local dimming, resulting in better contrast, and lower power consumption which is a vital utility attribute for electric vehicles to extend their driving range.

Raise FY20E and FY21E core PATAMIs to RM37.6m and RM63.8m, respectively. We expect another record quarter in the subsequent 4Q and a 70% growth in FY21.

Maintain OUTPERFORM with a higher Target Price of RM2.00 (previously RM1.20) based on higher 35x FY21E PER (previously 25.3x), at +1.5SD to its 3-year mean to reflect improving prospects ahead. Being a renowned brand name in full range automotive LED, we believe D&O is a prime proxy to the potential boom in the automotive market.

Risks to our call include: (i) disruption of components supply, (ii) replacement/obsolescence of LED technology, (iii) adverse currency fluctuations, and (iv) adverse foreign labour policy.

Source: Kenanga Research - 25 Nov 2020

Posted by kentrade888 > 2020-11-25 11:04 | Report Abuse

IQGROUP (5107)QR is about to be announced and can continue to be collected now.

Posted by lee9fold > 2020-11-25 11:11 | Report Abuse

Aaron_tan Strong throw as per my prediction
25/11/2020 9:20 AM

u noob?

Posted by Swimmer > 2020-11-25 12:36 | Report Abuse

Aaron_tan Strong throw as per my prediction. Again u sold to cheaply @156

Strong throw gave an opportunity to buy some more.

Posted by Aaron_tan > 2020-11-25 13:14 | Report Abuse

heard budget will be rejected ... klse kaboom

Posted by insider10 > 2020-11-25 15:08 | Report Abuse

DOGT is better than Greatech(Lordstown). They've secured TESLA!

Posted by lee9fold > 2020-11-25 21:49 | Report Abuse

Aaron_tan heard budget will be rejected ... klse kaboom
25/11/2020 1:14 PM

u noob?

Posted by kangedd > 2020-11-26 16:47 | Report Abuse

TESLA TESLA TESLA !!!!

Posted by Aaron_tan > 2020-11-26 17:07 | Report Abuse

Tesco got lar, tesla your head

Posted by ramunia > 2020-11-26 19:30 | Report Abuse

Aaron, feel regrets selling to early. Rm1. 80 is the next station..

Posted by Aaron_tan > 2020-11-26 20:39 | Report Abuse

Not much meat for me even 2.0

Posted by Macampro > 2020-11-26 23:07 | Report Abuse

Because you are buying hundred lots only. Try thousand lots or even more and you will see the different.

Posted by DatoKembara > 2020-11-26 23:37 | Report Abuse

I heard, this counter will LIMIT UP soon

Posted by azmiw3 > 2020-11-27 00:21 | Report Abuse

tp 2.0 easy looking at the uptrend chart.

Posted by Swimmer > 2020-11-27 01:10 | Report Abuse

Aaron_tan u don't get much meat bcos u buy high & sell higher. After u sold u buy in again.. Even if its $20 u still won't get much meat.

Posted by bursagod > 2020-11-27 09:29 |

Post removed.Why?

Posted by shlyw > 2020-11-27 11:57 | Report Abuse

Some people want to wait for the cheaper price to buy, but the price goes up.

Posted by Aaron_tan > 2020-11-27 13:19 | Report Abuse

Beware of sudden sell
Down

Posted by lee9fold > 2020-11-27 13:46 | Report Abuse

Aaron_tan Beware of sudden sell
Down

u noob?

Posted by Anisdesanika > 2020-11-27 13:50 | Report Abuse

uptrend.

Posted by ruby20 > 2020-11-27 14:36 | Report Abuse

there's free online investor briefing next wednesday 4pm. Everyone here should register

Posted by ruby20 > 2020-11-27 14:45 |

Post removed.Why?

Posted by kentrade888 > 2020-11-27 15:10 | Report Abuse

believe it will rise for a while. .

Posted by Swimmer > 2020-11-27 15:57 | Report Abuse

Stay low profile guys. Let tis uptrend continue. Current price uptrend is for latest performance. At this moment company is trying to cope with overwhelming orders. With year end window dressing + access orders, let us hope for a fantastic CNY. Just pray hard there is no infection experienced like gloves.

Posted by Tkeng > 2020-11-28 13:26 | Report Abuse

Shhhhhhh. lol.

Posted by kentrade888 > 2020-11-30 10:56 |

Post removed.Why?

Posted by Aaron_tan > 2020-12-01 10:48 | Report Abuse

sell d&o and join my vivo ... 2.0 this friday

Posted by Juejue > 2020-12-01 13:19 | Report Abuse

d

Posted by Seberi > 2020-12-01 16:48 | Report Abuse

this afternoon, after a short drop it went up again!

Posted by hambasaham > 2020-12-01 19:14 | Report Abuse

Mantap.

Posted by Swimmer > 2020-12-01 19:59 | Report Abuse

That has been the pattern for a couple of weeks. Drop & bounce back up higher & repeat.

Posted by Swimmer > 2020-12-01 20:01 | Report Abuse

Will TP250 b angan-angan?

Posted by Swimmer > 2020-12-01 20:02 | Report Abuse

*anggan-anggan

Posted by hambasaham > 2020-12-02 12:51 | Report Abuse

Bukan anggan anggan. TP3.00 tahun depan.

Posted by hambasaham > 2020-12-02 18:24 | Report Abuse

Hahaha, banyak benda u tak tahu...

Posted by Swimmer > 2020-12-02 20:01 | Report Abuse

hambasaham, TP3 memang mantap.
LC LAU, simply comment fake news. Only noise coming out from your mouth & spewing smelly saliva.

Posted by downupdownup > 2020-12-02 22:09 | Report Abuse

IMO deals with tesla will be short-lived.
sure, if it is true then they can make money for the time being.

but tesla's vision is to push down their costs, and elon musk has a reputation for vertical integration. sooner or later they'll make their LEDs themselves. not that hard for them to do, and they have been moving more items in-house. other car manufacturers will follow suit to lower their costs so they can compete in prices.

very dark future for these automotive vendors.

Posted by thinking > 2020-12-03 11:48 | Report Abuse

amazing run...capacity addition to drive future growth

Posted by Tkeng > 2020-12-03 22:50 | Report Abuse

Between now and qr4... tp is dynamic... Can change anytime... Volume remains same since 1.10... No idea what can happen.

Posted by InvestorwithIQ > 2020-12-06 22:53 | Report Abuse

"Denmark agrees deal to have 775,000 electric cars by 2030"

https://www.investing.com/news/technology-news/denmark-agrees-deal-to-have-775000-electric-cars-by-2030-2362213

Posted by New994 > 2020-12-07 09:22 | Report Abuse

laosaiiii

Posted by Flyinghorse > 2020-12-07 09:23 | Report Abuse

Drops like a stone