Posted by roger3210 > 1 month ago | Report Abuse

it cant even perform when the market is good, so the only way for it to go is.. DOWN. so many other better options than this junk

Posted by roger3210 > 1 month ago | Report Abuse

You see it deeply value but market see it the opposite way, it could mean something rotten behind the scene which u r not aware of. the profit margin of the company has been dropping drastically, which means you need higher revenue in order to sustain a higher bottom line, unfortunately Danco is not a growing sector, in fact it is a saturated sector, lots of competitors around, so Danco is definitely not a good choice, but junk instead

Posted by OptionOracle > 1 month ago | Report Abuse

roger3210 will get cooked when Danco shoots up

Posted by roger3210 > 1 month ago | Report Abuse

continue ur dream

Posted by roger3210 > 1 month ago | Report Abuse

be careful, insider is disposing this junk to naive retailer like u non stop

Posted by cbkia4896 > 1 month ago | Report Abuse

I'm backkkk

Posted by cbkia4896 > 1 month ago | Report Abuse

Let's gooooo

Posted by roger3210 > 1 month ago | Report Abuse

turning red soon

Posted by Albukhary > 1 month ago | Report Abuse

@roger3210, then you share with me which counter you think have bright future and upside?

Posted by roger3210 > 1 month ago | Report Abuse

simply pick one of those in play stocks from property / constrution leaders also can get 1 better than this junk

Posted by roger3210 > 1 month ago | Report Abuse

get ready, selling down kao kao soon, avalanche coming :D

Posted by roger3210 > 1 month ago | Report Abuse

danco blood bath today

Posted by OptionOracle > 4 weeks ago | Report Abuse

Blood bath ??! Your eyes got karma, roger3210 😂

Posted by Albukhary > 3 weeks ago | Report Abuse

August will be the month for DANCO to outperform.
DANCO have chance to hit RM0.55.

Posted by roger3210 > 3 weeks ago | Report Abuse

haha, danco junk not even up 1 bid despite index up so much ! other stocks flying to the roof.

Posted by cbkia4896 > 3 weeks ago | Report Abuse

come in sit sit before QR

Posted by cbkia4896 > 3 weeks ago | Report Abuse

added

Posted by OptionOracle > 3 weeks ago | Report Abuse

Next dividend will come. Brace for it

Posted by arztronaut > 3 weeks ago | Report Abuse

When annoucne dividend?

Posted by roger3210 > 3 weeks ago | Report Abuse

gg ing, market soar so much danco red, market drop danco also red :D this is how junk stock behave

Posted by OptionOracle > 3 weeks ago | Report Abuse

Market is red today la. Your eyes really have karma, roger3210

Posted by roger3210 > 3 weeks ago | Report Abuse

bro, what i mean is danco is a junk, market up it drop, market drop it drop further.

Posted by Albukhary > 3 weeks ago | Report Abuse

Dividend Yield is higher when share price drop.
Hopefully its profit can perform better (QoQ increase, YoY increase)

Posted by hh488 > 3 weeks ago | Report Abuse

Wah, 45 now. What happened?

Posted by roger3210 > 3 weeks ago | Report Abuse

becoz it is a rubbish company, profit margin keep on dropping to new low :D

Posted by cbkia4896 > 2 weeks ago | Report Abuse

MOREEEEE

Posted by cbkia4896 > 2 weeks ago | Report Abuse

GIVE ME MOREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Posted by OptionOracle > 2 weeks ago | Report Abuse

oucheee, really hurt today ..

Posted by cbkia4896 > 2 weeks ago | Report Abuse

MOREEEEEEEE

Posted by OptionOracle > 2 weeks ago | Report Abuse

The most recent balance sheet that Danco had liabilities of RM55.2m falling due within a year, and liabilities of RM14.9m due beyond that. Offsetting this, it had RM111.1m in cash and RM53.1m in receivables that were due within 12 months. So it actually has RM94.1m more liquid assets than total liabilities.

Posted by cbkia4896 > 2 weeks ago | Report Abuse

Haven't average down yet... Already up. Down sikit please pick me up

Posted by cbkia4896 > 2 weeks ago | Report Abuse

DOWN MOREEEE

Posted by OptionOracle > 2 weeks ago | Report Abuse

You wanna pick up at 40 cents, cbkia4896 ? 😏

Posted by satha44 > 2 weeks ago | Report Abuse

B4 price can go up....sellers keep appearing....con stock forever...
Doing well....well managed..all seems OK.....but when it comes to share price...forever the same style....sell sell sell.....thats all its good for....

Posted by OptionOracle > 2 weeks ago | Report Abuse

We have another roger3210 here 😆

Posted by stockjobBB > 2 days ago | Report Abuse

stock up month

Posted by Albukhary > 2 days ago | Report Abuse

Danco result is not bad.

Posted by OptionOracle > 2 days ago | Report Abuse

Yup, it is better than last quarter and the same quarter last year 🙆

Posted by Damn > 1 day ago | Report Abuse

Danco still Danco....the share price always so boring...

Posted by foreverchung > 1 day ago | Report Abuse

Looks to be on track for the E&E department. While overall result its not bad but its not too good either. The fluctuations within the trading department are already priced in by the market. Growth remains to be seen whether E&E and metal stamping will cater for a sustained growth.

My overall rating for this result is 7/10; the lack of 3 its being the revenue growth is not guaranteed to be sustained, the growth in revenue and profit are attributable mainly to the trading department, which is again priced in.

While the 7 is for its sustained dividend payout, no decline of revenue seen in its main departments for now, healthy loan repayments and great inflow of cash + controlled outflow of cash.

We shall see what does the management decide to do with the next phase of acquisition. Looking forward to the next level of acquisition as DANCO remains nett cash, the extra cash can and should be used to generate more income rather than 69mil in FD.