Posted by VTrade > 2021-02-15 18:36 | Report Abuse

Everyone so happy

Posted by YDPChairman > 2021-02-22 15:34 | Report Abuse

I think Q3 will be strong. Looking at Div of 1.5c for whole year. Those who bought at 28 to 30 should do well. This is a very boring stock ,not going to make you rich quick but will not cause major upset. 40c is a real possibility if shipping remains a big issue. Cheap China import a thing of the past. Local market exceptional with the rural motorcycle owners doing their bike and helmet s make over . Go check out the price of the small cans , they cost twice as much as the large cans . Anchor has a lion share of this segment.

Posted by SpicyMcDeluxe > 2021-02-22 16:27 | Report Abuse

kekw

Posted by Papayashot > 2021-02-22 16:30 | Report Abuse

Hi YDPChairman, from my research amongst those DIY shop retailers, most of them said that more peoples like Samurai Brand. DPI is an established and old brand.. What's your thought abt samurai?

Posted by YDPChairman > 2021-02-22 16:31 | Report Abuse

Very fierce buying today . I sold 80% took my 20% profit. Another post covid holiday

Posted by issajoke > 2021-02-22 20:12 | Report Abuse

Samurai Brand gt better quality but low volume , 2 1/2 can of Anchor equal to 1 Samurai, Samurai is more expensive bcs they gt variety of colours but who really cares that much since most paint are primary on basic colour like black, white or blue color.

Posted by char1234 > 2021-02-22 22:13 | Report Abuse

we are here Becoz their products sell n they make profit...

Posted by char1234 > 2021-02-22 22:13 | Report Abuse

that's good enough

Posted by YDPChairman > 2021-02-23 02:46 | Report Abuse

Hi Papayashot , Samurai understands the consumers better than DPI whereas DPI is probably a better manufacturer. Sexy vs steady. Samurai is double the size of DPI but overtime, DPI will catch up.

Posted by Papayashot > 2021-02-23 08:26 | Report Abuse

Samurai is popular amongst Malay and DPI is popular amongst Chinese, based on what I know. Some expert users said samurai is just "branding", and DPI outperforms Samurai in quality. Probably Samurai quite aggresive in online marketing, as compared to DPI as DPI just started market their products online. Those oldies might aware on the existence of DPI, but not those youngsters.

But, Peter Chai is a very experienced guy in paint industry. Hopefully he knows ways to address the challenges ahead. And, the new factory is under tender process, construction work not started yet right?

Anyway, what is the email address of their Investor Relation? Can't find from their website le...

Posted by Papayashot > 2021-02-23 08:28 | Report Abuse

And, DPI is doing private labelling for certain brands. In Malaysia, are you guys aware on the brand that DPI do private labeling?

Posted by Papayashot > 2021-02-25 14:57 | Report Abuse

issajoke, I think samurai price almost same as DPI? But of coz for 2k paint, the price is higher la.. But so far DPI did not produce 2k paint

Posted by YDPChairman > 2021-02-25 16:31 | Report Abuse

Papayashot phase 1 of factory expansion should be ready year end to produce clean aerosol products . This will give DPI another market segment such as household sprays .
Samurai has fancy looking packaging will appeal to young people. Dpi has pretty strong R&D producing matching colours for popular brands of motorcycles.
Both will benefit from the new normal, namely reduced chinese competition.
Those looking for quick money should buy furniture, disc drive and glove manufacturers.
This alongside with NTPM are one of the most boring stocks in town.

Posted by Papayashot > 2021-02-25 16:35 | Report Abuse

Hi YDPChairman, factory expansion ready for Phase 1?

I tot they only tender the project? Pls correct me if I am mistaken. True, but the emergence of samurai paint should not be overlooked. Young ppl is our next generation and it is important to win their hearts.. Unless DPI got some secret weapon where Samurai does not have.

Posted by YDPChairman > 2021-02-25 17:31 | Report Abuse

Papayashot think building done. Not sure about equipment. Tough to get anything out , shipping and what have you.

I am satisfied with my 20% margin cabut for the third time. Will come back when it is back to 30.

Just bought Liihen at 3.61

Posted by Papayashot > 2021-02-25 18:23 | Report Abuse

Hi YDPChairman, the building is done? May I know where u get this info?

Posted by jun1920 > 2021-02-26 10:53 | Report Abuse

will only consider selling this gem if it reaches 0.50 in short term, otherwise will hold good investment

Posted by YDPChairman > 2021-02-26 16:58 | Report Abuse

Not sure what's going on here. Very high turnover as a percentage of free float. It's like 10 to 20% free float traded last few days . At this rate stock can be cornered . Punters in late can get hit. Trade with caution once hit 40c

Posted by issajoke > 2021-02-27 14:56 | Report Abuse

The construction haven't even start yet lol, they are still in tender process as they expected this QR they will finally get a main con to start working on the building

Posted by issajoke > 2021-02-27 14:59 | Report Abuse

They announced their IPO fund will be fully used by 2023/2024, currently only thing they did is some marketing expenses and upgrade on their original machines

Posted by issajoke > 2021-02-27 15:08 | Report Abuse

the Group anticipates to commence the tender process to appoint a contractor within
the third quarter of 2020. The construction of the New Building is expected to take approximately
18 months. The commissioning of the new machinery and its subsequent trial runs will take a few
more months thereafter.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=104682&name=EA_GA_ATTACHMENTS

Posted by Jolly > 2021-02-27 23:10 | Report Abuse

So , is it good to continue hold the shares ?

Posted by jun1920 > 2021-03-01 10:35 | Report Abuse

yes of course, why not good to hold such good stock

Posted by VTrade > 2021-03-02 17:10 | Report Abuse

Up so many , sayang... no money invest.. aiya...

Posted by YDPChairman > 2021-03-04 11:50 | Report Abuse

Stock probably cornered turnover last 7 days nearly 2x the free float. Anything can happen now. Can be 1 unless the controlling shareholders upload

Posted by VTrade > 2021-03-04 16:12 | Report Abuse

How to check turnover and free float?

Posted by peterlaumy > 2021-03-06 14:25 | Report Abuse

I think it profit mainly due to the low oil price during covid-19, competition not only from small player in Malaysia but also from Thailand & China, the company Malaysia market share is year on year decrease. Furthermore, no point to build a new factory while you still have spare capacity. Is over price with 30x PE.

Posted by Papayashot > 2021-03-11 12:45 | Report Abuse

HI Peter, how you know DPI still have spare capacity?

Posted by peterlaumy > 2021-03-12 13:36 | Report Abuse

Hi papayashot, you may compare it turnover you, now much increase in turnover, if they have full capacity, just after listing they will start expansion plan. If you compare 2020 oil price

Posted by VTrade > 2021-03-16 13:09 | Report Abuse

Later got live talk 4pm

Posted by SpicyMcDeluxe > 2021-03-18 14:26 | Report Abuse

kekw

Posted by YDPChairman > 2021-03-19 16:39 | Report Abuse

I am back in the game for the 5th time started from 16 , then 20, 26, 30 now 40. The only stock which I have never lost money but if I had stayed put, up 150% . No idea about capacity. Only thing I know company has remained profitable . If annual profit is 12m , PE is still under 20, not too bad

Posted by Sipektuaki > 2021-03-19 16:54 | Report Abuse

Lalala ready to fly

Posted by YDPChairman > 2021-03-20 09:55 | Report Abuse

Just realised independent directors increased their shareholding. No one taking profit. They know something we don't.

Posted by tws13282 > 2021-03-20 15:11 | Report Abuse

pust to RM1.03 to convert to main market

Posted by peterlaumy > 2021-03-20 16:29 | Report Abuse

小心不要成了韭菜

Posted by issajoke > 2021-03-21 21:20 | Report Abuse

The management speak clearly that they do not have any interest in the moment to convert to main market as they are focusing in on businesses development. For the moment the company is still heading to a good direction:

- They started their construction this month on their new factory.
- The management mentioned they been buying lots of raw material during low prices in MCO
period, they are confident that the rise of oil price will only have little effect on them.
- No bonus issue as they see no benefit for the development of company, they will continue
providing dividend as usual.
- Mentioned that they are still actively searching for M&A and have several potential choices but
due to restriction in travelling to other country, they will have to wait

Posted by tws13282 > 2021-03-22 17:58 | Report Abuse

arnt qr suppose to be out on today?

Posted by issajoke > 2021-03-22 23:53 | Report Abuse

Reference is made to the news article titled "’Nice, little, solid' DPI Holdings looking to get bigger" appearing in The Edge dated 22 March 2021.

 

The Board of Directors of DPIH ("The Board") wishes to clarify that DPIH is exploring on the possibility of potential joint ventures and/or mergers and acquisitions in overseas markets.

 

The Board will release the necessary announcements in a timely manner to Bursa Malaysia Securities Berhad (“Bursa Securities”) should there be any material information in relation to the new venture and/or mergers and acquisitions which falls under the ACE Market Listing Requirements of Bursa Securities. The Board will also seek the necessary shareholders' approval, if required, once the merger and acquisitions is confirmed by the Company.

 

This announcement is dated 22 March 2021.

Posted by YDPChairman > 2021-03-24 13:33 | Report Abuse

Earning on track based if price at 40c , forward PE 15 . As long as earning holds , forward div around 1.2 to 1.5c or 3 to 4%

Posted by issajoke > 2021-03-24 20:46 | Report Abuse

DPIH had been steadily adding 3-5mil free cash flow for the last few qr, if they could still keep it up in the future, they will have totally no problem in JV/Acquisition/Expanding since they could technically fund their whole operation without getting a single penny from the bank and still giving dividend. If this is not a good business, i don't know what is.

Posted by noelchia92 > 2021-03-29 11:07 |

Post removed.Why?

Posted by VTrade > 2021-03-30 12:58 | Report Abuse

Good time

Posted by VTrade > 2021-03-31 01:16 | Report Abuse

No debt yet cash rich

Posted by wangwang > 2021-04-01 12:02 | Report Abuse

still can buy or not? tp?

Posted by HeLLo Cannot (=^x^=) > 2021-04-01 12:29 | Report Abuse

Keep going, nice nice

Posted by SpicyMcDeluxe > 2021-04-01 12:37 | Report Abuse

kekw

Posted by TripleH > 2021-04-01 15:43 | Report Abuse

looking at this pace, someone is accumulating tickets, I dare dare target 0.7

Posted by dawchok > 2021-04-02 17:08 | Report Abuse

Joined the wagon at 465 today. Cheer !!!

Posted by issajoke > 2021-04-02 20:09 | Report Abuse

Venture into Australia
“Over the past 30 years, we have been exporting our products to other countries such as Japan and Indonesia. But to us, that’s not enough. We need to expand our product portfolio and we need to have a direct presence in the foreign markets,” he stresses, adding that DPI is looking to acquire an aerosol product maker in Australia.

“We have been talking with them for a couple of years, but nothing has materialised, partly due to the pandemic. Hopefully, when travel restrictions are lifted, I can finalise the last few conditions with them. Ideally, we hope to team up with them, but we intend to get a 75% stake,” Chai says. He adds that DPI wishes to complete the acquisition of the Australian company, which has an annual revenue of A$6 million to A$7 million (about RM20 million), sometime this year.

“What we like about this company is that their profit margin is quite good. We hope to manufacture their products in Malaysia, and sell (them) through their sales and distribution networks. By doing that, we could help them save some operation and labour costs and improve their margins further.

Venture into Japan
In May, DPI will also be setting up a JV company in Japan, in which it will own an 80% stake. The remaining 20% of DPI Japan will be held by its Japanese partner, which has 38 years of experience in the aerosol industry.

“Our plan is to use the JV company as a vehicle to acquire some companies and businesses in Japan. For now, we are eyeing small- and medium-sized, family-owned aerosol companies, which have their own niche and speciality products,” Chai says.

https://www.theedgemarkets.com/article/nice-little-solid-dpi-holdings-looking-get-bigger