DESTINI BERHAD

KLSE (MYR): DESTINI (7212)

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Last Price

0.245

Today's Change

+0.035 (16.67%)

Day's Change

0.215 - 0.25

Trading Volume

3,674,100


11 people like this.

6,815 comment(s). Last comment by whistlebower99 1 month ago

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 10:13 | Report Abuse

1 mth ? it has been 2 years since 2014 ..not 1 month ..

Contender

523 posts

Posted by Contender > 2016-08-24 10:27 | Report Abuse

24 August another 15,790,932 warrants converted ..... from Bursa announcement

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 10:53 | Report Abuse

15m conversion to ordinary share has been performed..but no announcement for substantial shareholder made ..seems weird..normal people will not convert warrant to share

Contender

523 posts

Posted by Contender > 2016-08-24 11:03 | Report Abuse

Doing some reading, from 3 Aug - 24 Aug a total of 26,730,832 warrants have been converted ... you can read from Bursa Malaysia.

Something is brewing ....

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 11:08 | Report Abuse

I know that ..that is why I bought in at 0.825 ..warrant conversion has been made rapidly since early June

Pavillion

3,100 posts

Posted by Pavillion > 2016-08-24 11:10 | Report Abuse

Imho I think this good stock that why I bought in the first place but for time being...look like it going down first.

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 11:12 | Report Abuse

I just curious why Freddy thrown it substantially at 0.62 if he really can make more..confusing..bursa report is incorrect ,, it is off market instead of open market transaction ..

Contender

523 posts

Posted by Contender > 2016-08-24 11:51 | Report Abuse

Why Freddy sells out ? Only new shareholder can bring in the govt contracts, it is already a GLC with MOF as shareholder, I just did some reading on Bursa announcement

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 12:00 | Report Abuse

new shareholder..I wonder who he is ..MOF has been a shareholder with 24% since 2015 July..If wat you said is true..Freddy is just a follower who needs to follow the instruction to do " when buy- when sell" ..he has no right to hold when he was instructed by "them aka the hidden hand of MOF "even he knows the price will go up ? am my right, contender?

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 12:04 | Report Abuse

honestly, selling at 0.62 doesn't give freddy lim really good return after parking his money two years since 2014 ..his cost that time will be more or less 0.55-0.65 two years back . you check it again .. there is no reason for him to agree earning low margin of profit unless he needs to FOLLOW the instruction/game plan ..correct me if I am wrong ..

Contender

523 posts

Posted by Contender > 2016-08-24 12:08 | Report Abuse

I have no answer, only assuming that is the probable reason.

Maybe others here can share their views ?

1901

532 posts

Posted by 1901 > 2016-08-24 12:52 | Report Abuse

most of the time... directors provide the liquidity, the grease!

Contender

523 posts

Posted by Contender > 2016-08-24 13:14 | Report Abuse

1901@ I think you have a point there .... then good time to BUY now. Healthy correction to 77.5 ....

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-24 17:22 | Report Abuse

omg. closed 0.77..

Contender

523 posts

Posted by Contender > 2016-08-24 17:29 | Report Abuse

Strong run up to 82.5 ... healthy correction to low of 75.5 and close at 77 sen, consolidate for 90 sen push

King Musang

1,077 posts

Posted by King Musang > 2016-08-25 01:00 | Report Abuse

Going back to 0.58 soon...balik rumah

Contender

523 posts

Posted by Contender > 2016-08-25 09:34 | Report Abuse

Not so soon yet .... coming back again

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-25 10:19 | Report Abuse

I average down at 0.77

Contender

523 posts

Posted by Contender > 2016-08-25 11:48 | Report Abuse

smart move to average at 0.77 ..... good for you. The next run up have to close above 85 sen

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-25 11:49 | Report Abuse

yaya .hopefully it will able to make it very soon.

Contender

523 posts

Posted by Contender > 2016-08-26 16:56 | Report Abuse

Another 3,373,800 warrants converted as per today's announcement at Bursa

Contender

523 posts

Posted by Contender > 2016-08-29 14:51 | Report Abuse

why so quiet here ? Any news or updates ?

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-29 18:10 | Report Abuse

I still holding . today I bought another 20 lots at 0.76

goodluck999

1,210 posts

Posted by goodluck999 > 2016-08-29 18:11 | Report Abuse

not sure ..hopefully can come asap ..getting a bit worried d .

kentg03

971 posts

Posted by kentg03 > 2016-08-30 09:41 | Report Abuse

0.745, drop for so many days

Contender

523 posts

Posted by Contender > 2016-08-30 16:07 | Report Abuse

due for rebound ...

Contender

523 posts

Posted by Contender > 2016-08-30 16:25 | Report Abuse

and it did rebound ...

King Musang

1,077 posts

Posted by King Musang > 2016-08-31 12:09 | Report Abuse

Going back 0.58 soon yeahhh

Contender

523 posts

Posted by Contender > 2016-09-01 14:26 | Report Abuse

Another 6,265,933 warrants converted as per today's announcement at Bursa

so much money flow into company .... which is a positive sign

Contender

523 posts

Posted by Contender > 2016-09-02 11:22 | Report Abuse

consolidation over ... up trend now

Contender

523 posts

Posted by Contender > 2016-09-02 14:50 | Report Abuse

Show time ...

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-04 14:28 | Report Abuse

yeahhh..like I said.. finally uptrend again.

Contender

523 posts

Posted by Contender > 2016-09-05 15:38 | Report Abuse

Today's announcement from Bursa website shows another 4,156,766 warrants converted

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-06 12:07 | Report Abuse

With so many conversions...surely they will start selling to lock in profit.

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-06 16:24 | Report Abuse

they need two weeks to have the shares in their account to sell..so wat you think ?

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-06 18:51 | Report Abuse

Currently there are good spread between warrant and mother. They need 2wk to convert, .....if I we them .......I will sell to lock my profit.....cause normally......with this size of shares.....they go for thin margin.

And I think those who going to buy mother at higher price ....will hesitate.......kiasua......wiĺl not ..allowed people to make money. I think the co defending the price now.

For warrant to go up......I think they will leave it like that ......the reward...for risk.

Contender

523 posts

Posted by Contender > 2016-09-08 17:22 | Report Abuse

Today Bursa announcement another 4,514,400 warrants converted ...

Posted by Mohd Ridzwan Abdul Rashid > 2016-09-08 18:19 | Report Abuse

Agreed with pavillion

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-09 16:42 | Report Abuse

see or not?? those who have followed laughing to the bank today..

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-09 16:46 | Report Abuse

you need to know the rhythm ..if you could have known the way they play..you will not miss ..they have been waiting two years to do this ..I can confidently say they will make it up further.. just hole if you just buy in ..no worries.

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-09 16:49 | Report Abuse

hold'

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-09-13 10:42 | Report Abuse

My Destini U Turn to 60cts soon

Contender

523 posts

Posted by Contender > 2016-09-13 11:34 | Report Abuse

Kindly take note today is the last day trading of Destini- WA after which will be suspended, you will have to convert your holdings.

MTD Capital is bought the 31,000,000 shares ... from Bursa Announcement

henry9889

85 posts

Posted by henry9889 > 2016-09-14 16:05 | Report Abuse

positive momentum from the edge

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-14 17:33 | Report Abuse

those who followed are all fatty rich now .. I wonder anyone of you following my call ?

henry9889

85 posts

Posted by henry9889 > 2016-09-15 11:44 | Report Abuse

bought at 0.865, still the same now lol

nocindycat

492 posts

Posted by nocindycat > 2016-09-15 13:36 | Report Abuse

wow, RHB has a target price of RM1.18-1.48!!!!

goodluck999

1,210 posts

Posted by goodluck999 > 2016-09-15 19:04 | Report Abuse

henry9889.your average cost is higher..the capital protection is not too convincing..

Posted by sulong168 > 2016-09-15 19:09 | Report Abuse

I am out, sold @ 0.87 bot at 0.8 last week. Not too bad I think.

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