Posted by Junhong Leong > 2018-09-15 00:16 | Report Abuse

I like joker ^^

Posted by Fenda Mus > 2018-09-16 00:05 | Report Abuse

muahahahaha

Posted by GoldenHarvest1 > 2018-09-16 21:59 | Report Abuse

Good upside

Posted by Hello > 2018-09-18 11:15 | Report Abuse

A successful pump and dump from 0.245 to 0.365 lol

Posted by Hello > 2018-09-18 11:15 | Report Abuse

Now will pump again

Posted by ZEPAN > 2018-09-19 18:38 | Report Abuse

Tomorrow we will see further rises and hopefully reaches 40 cents soon. Good luck to all.

Posted by Lbkwee > 2018-09-21 10:01 | Report Abuse

Up also no significant volume. Might as well take 15% profit and buy back later. Friday maybe profit taking!

Posted by Junhong Leong > 2018-09-21 11:29 | Report Abuse

If with significant volume the price should shoot up dy:)

Posted by Junhong Leong > 2018-10-01 13:56 | Report Abuse

Y need so much comment? Peace and tranquillity

Posted by Stock_god > 2018-10-15 17:51 | Report Abuse

Lol once dow Jones sink another thousand destini will Go 0.15

Posted by Lbkwee > 2018-10-16 09:55 | Report Abuse

Can buy @24sen keep one month or up 5 sen, then sell. Make 20% good enough .

Posted by Rio2814 > 2018-10-21 12:30 | Report Abuse

Stay away from all UMNO link company. Look at dsonic, MYEG, Gkent, Gamuda....wait until all counter stabilised.

Posted by Jaden > 2018-10-25 13:07 | Report Abuse

Price very cheap ma can lo..

Posted by John1234 > 2018-11-05 17:25 | Report Abuse

Yes, it has dropped to an attractive level. As at last quarter's report, its NTA per share was much higher at 45.05 sen. I believe a lot of bad news could have been priced in. Bought some for the next upswing.

Some of the speculative counters like Prestariang Berhad, Datasonic, My Eg Services, etc have rebounded. See if this counter will benefit from any spill-over play.

Posted by John1234 > 2018-11-07 17:08 | Report Abuse

Closed at 25 sen today. Up in small steps, with slight increase of trading vol. No clear signs of mass distribution yet.

Looks good on chart. Got to see if the 25 sen price hurdle can be cleared convincingly tomorrow.

Posted by John1234 > 2018-11-08 17:20 | Report Abuse

Closed at 24.5 sen, amidst some profit taking activities. Nothing to really shout about until 25 sen hurdle is cleared beyond any doubt.

Posted by Jaden > 2018-11-09 11:24 | Report Abuse

New government no give contract lo..

Posted by thegoldeneyes007 > 2018-11-09 11:48 | Report Abuse

I see something on Destini..its brewing.. maintain current price .. we will see something.. hopefully support by good news. Watch!!

Posted by Junhong Leong > 2018-11-09 23:34 | Report Abuse

Hope market good then it should bounce b

Posted by Jaden > 2018-11-12 12:13 | Report Abuse

Will masuk below 20 cts onli..

Posted by Junhong Leong > 2018-11-13 10:13 | Report Abuse

Then u have to sell be4 too late..

Posted by Jaden > 2018-11-14 14:05 | Report Abuse

Yes sold out long time ago..

Posted by Junhong Leong > 2018-11-14 16:59 | Report Abuse

Well done

Posted by Junhong Leong > 2018-11-17 00:52 | Report Abuse

Ya so naive n think too much

Posted by Jaden > 2018-11-21 10:28 | Report Abuse

Buy until you pomchet.. will try my luck @ 15 cents onli.. hehe

Posted by ZEPAN > 2018-11-30 15:14 | Report Abuse

now below 20 cents, very bad for many kakis.

Posted by nickleeson > 2018-11-30 19:52 | Report Abuse

die sell now before reach zero

Posted by `Sincere_Analyst` (user id, kenlee is FAKE) > 2018-11-30 22:34 | Report Abuse

Lol 0.1 coming

Posted by ZEPAN > 2018-12-01 01:27 | Report Abuse

Rodzali Expected.no project.no contract. No money.
30/11/2018 16:52

Expect it to go further down?

Posted by commonsense > 2018-12-01 08:06 | Report Abuse

Was very surprised by the sudden drop of revenue from above RM100mil per quarter to only RM11mil. I am not sure if this will be permanent or just a one off very bad quarter.

From my understanding, they still have firm contracts in their books. Some of the contracts are listed below:

RM366mil for the helicopter contract to Malaysia Army.
RM 120mil for the remaining 2 patrol vessel to be deliver to Malaysia Maritime Enforcement
RM20mil decommissioning work from Petronas.
RM138mil MRO contract form Malaysia Defense.

That being said, most of these contracts are won before the general election. So i am not sure if the current government is reviewing them back or not. 80% of Destini order book are from the government.

Valuation wise, we need to wait to see the future PAT of the group first. I don't think past 12 months pat is reflective of the company current situation.

Company net asset is 44sens per share but if you exclude the RM206mil intangible the book value actually drops to only RM0.26/ share. Most of the remaining tangible assets is in trade receivables (RM515mil) which is most probably due from the govt. I think the govt would honor that, just it might take some time for them to pay. At 19 sens per share, the company is currently trading at only 0.7xBV.

Might be safer for those that are interested in the company to wait for next quarter result in order to see if the low revenue level is permanent or not.

For those that are already invested, you might need to be ready to face some volatility if you decide to still hold onto the stock.

Destini is not the only one facing uncertainties from govt contract (Prestaring, Dnex, Myeg, MRT and LRT players to name a few). But in the end, the govt has always been able to find a middle ground in its tough stance when renegotiating with businesses.

If you are looking for companies that are not exposed to govt contracts, i would recommend MBMR. The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.3x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5xBV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. Please go through analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analyse before making any decisions.

Good luck.

Posted by samyew1234 > 2018-12-03 09:24 | Report Abuse

gg

Posted by Jaden > 2018-12-03 09:37 | Report Abuse

Going to tutup kedai ?

Posted by Jaden > 2018-12-03 09:44 | Report Abuse

Will wait until 5 cents onli think.. hehe

Posted by foo99 > 2018-12-03 10:29 | Report Abuse

never touch GLC again, fgv, destini, dsonic, dnex all fall like waterfall.

Posted by warren buntut > 2018-12-03 10:48 | Report Abuse

buy lar 0.125. mega discount u still wait what

Posted by azharhassan78 > 2018-12-03 10:48 | Report Abuse

that's why I never hold any stock for a long time.just FIFO.in current situation play safe is better.this stock did show sign of crumble since last week.

Posted by stockholm999 > 2018-12-03 10:55 | Report Abuse

bought 100lot , 13 cen as support

Posted by Jaden > 2018-12-03 10:56 | Report Abuse

Simpan wang better..

Posted by foo99 > 2018-12-03 10:58 | Report Abuse

be careful oh, rozabil buy a lot of destini at high price.
today drop so much he might receive margin call

Posted by SK1200 > 2018-12-03 11:31 | Report Abuse

Huge collecting volume on 0.13...

Posted by Jaden > 2018-12-03 11:34 | Report Abuse

Buy until you pomchet..

Posted by modestos > 2018-12-03 11:56 | Report Abuse

already triggered margin call for rozabil. Flushing time. New heads coming in.

Posted by Muhammad Irfan Latif Saifi > 2018-12-03 11:58 | Report Abuse

Q at .125
.12
.115
.11
.10 hahaha
Ok or not?

Posted by Luke91 > 2018-12-03 12:10 | Report Abuse

wah drop so much, help pump back le, no moeny makan le

Posted by chukai24 > 2018-12-03 13:13 | Report Abuse

wait 0.12 enter

Posted by freddiehero > 2018-12-03 13:55 | Report Abuse

wil break 0.10 soon..

Posted by stockholm999 > 2018-12-03 15:28 | Report Abuse

i think wont drop liao. those investor finally read more detail about the quarter report liao.

Posted by sam118 > 2018-12-03 22:28 | Report Abuse

Margin call?

Posted by ZEPAN > 2018-12-04 04:23 | Report Abuse

Today bo lat again?

Posted by stockholm999 > 2018-12-04 09:10 | Report Abuse

so cheap still dontwant collect ah u guys? atleast buy 10 lot keep ma. only rm1350+ kopi lui