DATASONIC GROUP BERHAD

KLSE (MYR): DSONIC (5216)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.40

Today's Change

+0.005 (1.27%)

Day's Change

0.385 - 0.405

Trading Volume

8,976,400


74 people like this.

64,262 comment(s). Last comment by 1pingpong 8 hours ago

dex

493 posts

Posted by dex > 2020-08-28 11:06 | Report Abuse

haha IRIS just like potato la. Dont compare with Dsonic.

nokia8250

352 posts

Posted by nokia8250 > 2020-08-28 11:29 | Report Abuse

Geez, Ikad project is postpone until further notice. LOL. Hancur liow la Dsonic.

SunTzu888

102 posts

Posted by SunTzu888 > 2020-08-28 12:16 | Report Abuse

ikad should be out latest by 2nd week of September 2020.

soonli

129 posts

Posted by soonli > 2020-08-28 13:02 | Report Abuse

hi Suntzu888, may i know any news saying that?

chengyee

670 posts

Posted by chengyee > 2020-08-28 13:37 | Report Abuse

Benben said I-kad very soon last month. Maybe today..

Vxturbo

397 posts

Posted by Vxturbo > 2020-08-28 13:39 | Report Abuse

Chengyee won the ikad

chengyee

670 posts

Posted by chengyee > 2020-08-28 13:41 | Report Abuse

And Dsonic lost all contracts

Posted by wallstreetrookie > 2020-08-28 14:22 | Report Abuse

I meant to say MyEG has better fundamentals and IRIS has better growth potential. Typo also need to nit pick. Dsonic isn't bad but why pick Dsonic when you have better options>

Posted by wallstreetrookie > 2020-08-28 14:27 | Report Abuse

but i wish the best for everyone here. I confirm Dsonic will not perform and has already lost the bid for the contract. Will enter by then

Posted by wallstreetrookie > 2020-08-28 14:35 | Report Abuse

Chengyee probably knows as well. But no one can state their sources or else they will be investigated by MACC/SC

SunTzu888

102 posts

Posted by SunTzu888 > 2020-08-28 15:00 | Report Abuse

IRIS has better growth potential??!!!!!!!!

LOLLLLLL, Yes, i agreed with that idea. Because a company from loss making to turn into profit making, the % of increase is bigger than a profit making company to make more profit.

LOLLLLLL. Sorry "i cannot". I feel silly when i say that.

Posted by wallstreetrookie > 2020-08-28 15:09 | Report Abuse

you are just another sour grape because you didn't follow what i said to buy myeg and trade iris short time. Now disappointed is it

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-08-28 15:10 | Report Abuse

result out today, thats why ppls sell.

Posted by wallstreetrookie > 2020-08-28 15:13 | Report Abuse

dont fall in love with a stock

wilson

181 posts

Posted by wilson > 2020-08-28 15:46 | Report Abuse

expected this QR gonna be bad, during MCO period, no ppl been renewing passport and IC

New994

367 posts

Posted by New994 > 2020-08-28 15:48 | Report Abuse

Will the boss release the contract awarded and release the not so good QR togther?

nokia8250

352 posts

Posted by nokia8250 > 2020-08-28 16:00 | Report Abuse

Release the contract awarded? Got contract only can release ma. No contract, what to release?

SunTzu888

102 posts

Posted by SunTzu888 > 2020-08-28 16:17 | Report Abuse

New994

Mark my word, latest by the week after next week.

nokia8250

352 posts

Posted by nokia8250 > 2020-08-28 16:21 | Report Abuse

SunTzu888 : Mark my word, latest by the week after next week.

Is a bet worthy statement? Can I bet another cup of tea on that?

New994

367 posts

Posted by New994 > 2020-08-28 16:33 | Report Abuse

hahaha, i will just sit tight and wait the official announcement. Just a small fish believe in this company fundamental and technology

Posted by Iamnotasifu > 2020-08-28 17:37 | Report Abuse

qr 4.7m profit... expected ...but the future is bright

SunTzu888

102 posts

Posted by SunTzu888 > 2020-08-28 17:47 | Report Abuse

nokia, yes, please.

Posted by Grayson Lee > 2020-08-28 17:48 | Report Abuse

still making money ok la
in CBB we trust

SunTzu888

102 posts

Posted by SunTzu888 > 2020-08-28 17:52 | Report Abuse

look at iris's results.

I'm curious if the management of IRIS can't even manage the Company operation. how can they manage such a massive project, namely, NIISe which involves national security matters.Loss Making again.

Posted by Iamnotasifu > 2020-08-28 21:37 | Report Abuse

someone said Iris has a better fundamental than Dsonic... biggest joke in this year Lul

Posted by alexlee06037 > 2020-08-29 08:15 | Report Abuse

Compare with iris dsonic consider good.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-08-29 12:42 | Report Abuse

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

Posted by kobethebeagle > 2020-08-29 17:06 | Report Abuse

Brief analysis on Datasonic QR:
- This quarter result dropped due to less profit from passport sector during MCO.
-The worse might be over, as total lockdown is over. However, the best is yet to come, giving that oversea travels are still banned.
-Will the result of next quarter be worse than this? I don't think it will as the worse period is over, so coming quarters things will only get better.
- So will the price drop further? Based on my experience, stock price is always forward looking, the current price is already reflecting current QR, so the next movement will be the forecast for the next QR.

Conclusion, the worse is over, but the best is yet to come.

Posted by alexlee06037 > 2020-08-30 14:27 | Report Abuse

Bossku and BN gonna be back. dsonic myeg rise back the 2.0. We shall see....

Posted by Iamnotasifu > 2020-08-30 16:16 | Report Abuse

@alexlee06037 Compare with iris dsonic consider good.
29/08/2020 8:15 AM

ya alex, iris is nothing compared to Dsonic but look at what this joker wallstreetdogs said ?He said IRIS has better fundamental by looking at the balance sheet lololol damn funny and stupid.

@wallstreetrookie lmao still dreaming of dsonic flying. Buy myeg and iris for better fundamentals. Do yall even look at the balance sheet
28/08/2020 8:30 AM

Riaz1954

1,331 posts

Posted by Riaz1954 > 2020-08-30 17:14 | Report Abuse

Dsonic as business is mush superior to Iris. However fundamentals is not driving the share price, more about speculation and hitting a jackpot irrespective of the companies capabilities and performance. There are many companies who restructured to lure retail investors only to be scammed! The company directors are playing their part, executive and non executive!

Posted by alexlee06037 > 2020-08-31 10:02 | Report Abuse

Say already bossku and BN come back we shall see 3.0.

Posted by wallstreetrookie > 2020-08-31 15:05 | Report Abuse

Dsonic sure drop tomorrow.

Posted by wallstreetrookie > 2020-08-31 15:05 | Report Abuse

Limit down

Posted by alexlee06037 > 2020-08-31 15:51 | Report Abuse

Dsonic maybe tomorrow will drop abit, but limit down? Haha you better worry your iris seem QR really lose alot.

Posted by alexlee06037 > 2020-08-31 16:01 | Report Abuse

Wallstreetrookie you really good in make people happy, iris good funtamental yes tmr limit up iris gogogo... Let me help you gogogo hahahahahaha.

Posted by Iamnotasifu > 2020-08-31 20:17 | Report Abuse

FYI, wallstreetrookie is just a poor student who does not know about Stock market and claiming that Iris has better fundamental than Dsonic LuL gg

EVO118

2,165 posts

Posted by EVO118 > 2020-08-31 22:23 | Report Abuse

Datasonic was one of the 101 direct negotiate deals. Guess who was the minister involved?

EVO118

2,165 posts

Posted by EVO118 > 2020-08-31 22:25 | Report Abuse

He was seen on Sarawak Report sporting a new Richard Mille watch!

lee9fold

4,730 posts

Posted by lee9fold > 2020-09-01 00:41 | Report Abuse

looks like operator pressing the price till the QR is announced, later on positive news like niis, ikad etc will be announced, combo with bonus issue, I believe that the price will breakout from the rectangular trading range very soon

Posted by alexlee06037 > 2020-09-01 01:13 | Report Abuse

Lee9 dsonic boss always like to doing that and now seem political more advantage dsonic myeg... Let see what will happen.

Posted by alexlee06037 > 2020-09-01 01:21 | Report Abuse

Wallstreetrookie you are right, iris have a good funtamental yes will limit up soon. Wow iris PE 817.00 wi limit up soon fast goreng all in

Posted by alexlee06037 > 2020-09-01 01:23 | Report Abuse

Wallstreetrookie gogogo iris gogog... Hahah

Redplanet

352 posts

Posted by Redplanet > 2020-09-01 08:59 | Report Abuse

1st project after parliament meeting ?

nokia8250

352 posts

Posted by nokia8250 > 2020-09-01 10:34 | Report Abuse

@Suntzu888 : Counting down ya. Today is day 1 of your " latest week after next week ". This week is next week. Which means, there is a possibility it is announced this week. If it isn't, then you until 11th Sept and I will get my cuppa.

New994

367 posts

Posted by New994 > 2020-09-01 12:50 | Report Abuse

hahaha lets watch this show tgt ahah

Posted by Basketball4Life > 2020-09-01 12:54 | Report Abuse

September dy...
Still no news....

nokia8250

352 posts

Posted by nokia8250 > 2020-09-01 14:06 | Report Abuse

Its ok, Suntzu say MARK HIS WORDS. Which we will give him fair chance to prove his words. He say latest week after this, means last date for announcement of project is 11th September. I would want his source to be real of course. Cause then I lose one cup of coffee but earn a few thousand. But if it doesn't happen, then he also susah because he used a heavy word " MARK MY WORDS ".

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-09-01 18:18 | Report Abuse

low is when we buy, continue collect until bonus coming

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-09-01 18:19 | Report Abuse

sapu warrant from .52 till .48, .continue queue .475 but yet to match

Post a Comment
Market Buzz