DAIMAN DEVELOPMENT BHD

KLSE (MYR): DAIMAN (5355)

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Last Price

2.99

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Financial
Market Cap

Market Cap

628 Million

NOSH

210 Million

Latest Quarter

Latest Quarter

31-Dec-2018 [#2]

Announcement Date

27-Feb-2019

Next Quarter

31-Mar-2019

Est. Ann. Date

24-May-2019

Est. Ann. Due Date

30-May-2019

QoQ | YoY

10.10% | -86.37%

T4Q Result

Revenue | NP to SH

148,179.000 | 19,777.000

RPS | P/RPS

70.50 Cent | 4.24

EPS | P/E | EY

9.41 Cent | 31.78 | 3.15%

DPS | DY | Payout %

5.01 Cent | 1.68% | 53.24%

NAPS | P/NAPS

5.66 | 0.53

QoQ | YoY

-42.56% | -36.5%

NP Margin | ROE

13.35% | 1.66%

F.Y. | Ann. Date

31-Dec-2018 | 27-Feb-2019

Latest Audited Result

Latest Audited Result

30-Jun-2018

Announcement Date

21-Sep-2018

Next Audited Result

30-Jun-2019

Est. Ann. Date

21-Sep-2019

Est. Ann. Due Date

27-Dec-2019

Annual (Unaudited)

Revenue | NP to SH

171,895.000 | 41,072.000

RPS | P/RPS

81.78 Cent | 3.66

EPS | P/E | EY

19.54 Cent | 15.30 | 6.54%

DPS | DY | Payout %

5.01 Cent | 1.68% | 25.63%

NAPS | P/NAPS

5.63 | 0.53

YoY

73.26%

NP Margin | ROE

23.89% | 3.47%

F.Y. | Ann. Date

30-Jun-2018 | 23-Aug-2018

Annualized Result

Revenue | NP to SH

144,396.000 | 8,824.000

RPS | P/RPS

68.70 Cent | 4.35

EPS | P/E | EY

4.20 Cent | 71.22 | 1.40%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

5.05% | -82.84%

NP Margin | ROE

6.11% | 0.74%

F.Y. | Ann. Date

31-Dec-2018 | 27-Feb-2019

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 1 / 4 25.00% 1 / 8 12.50%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Adjusted EPS Growth 1 / 4 25.00% 1 / 8 12.50%
Total Dividend Years 1 / 4 25.00% 2 / 8 25.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 0.42% 0.54%
Average Net Profit Margin 14.05% 15.71%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 0 / 5 0.00% 0 / 10 0.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 2 / 5 40.00% 2 / 10 20.00%
Continuous Quarters Of Adjusted EPS Growth 2 / 5 40.00% 2 / 10 20.00%
Total Dividend Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Dividend 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 5 0.00% 0 / 10 0.00%
Average ROE 3.07% 3.78%
Average Net Profit Margin 20.21% 24.09%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 148,179 144,396 171,895 161,701 171,902
NP to SH 19,777 8,824 41,072 39,123 34,519
Dividend 10,528 0 10,528 17,387 12,001
Adjusted EPS 9.41 4.20 19.54 18.61 16.42
Adjusted DPS 5.01 0.00 5.01 8.27 5.71

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 10.24% -8.56% -24.73% 2.19% -10.03%
NP to Owner 10.10% -86.37% -82.84% -53.24% -63.68%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00%
Adjusted EPS 10.10% -86.37% -82.84% -53.24% -63.68%
Adjusted DPS 0.00% 0.00% 0.00% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue -13.80% -13.80% -8.36% -16.00% -16.00% -10.70% -4.14% 0.00% 6.30%
NP to Owner -51.85% -42.71% -49.45% -78.52% -74.44% -77.45% 73.26% 18.98% 4.98%
Dividend 0.00% -12.27% -39.45% 0.00% 0.00% 0.00% -9.09% -12.27% -39.45%
Adjusted EPS -51.85% -42.71% -49.45% -78.52% -74.44% -77.45% 73.26% 18.98% 4.98%
Adjusted DPS 0.00% -12.27% -39.45% 0.00% 0.00% 0.00% -9.09% -12.27% -39.45%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
1 person likes this. Showing 50 of 419 comments

dompeilee

Oops...175,300 shares decided to run LOL

2018-08-28 09:58

jordanmaggie61

Yahoooo ! Good profit tho, can spend more already kikiki

2018-08-28 10:03

apolloang

bursa tipu.....8.30am cannot key in this stock at limit up to buy......start the quote at 8.35am.key in at 8.30am kena rejected.if wanna down sure get lo,if later wanna up cannot key in

2018-08-28 11:04

Lim Tek Wai

Time to collect profit, hehehe thanksss

2018-08-28 11:13

callmeSugarDaddy

limit up woh.....

2018-08-28 11:27

Hoi App

Later cancel privatisation plan.
All gg.com ?

2018-08-28 11:54

dompeilee

Lim Tek Wai & jordanmaggie61 = members of the KUKU nuts club lol

2018-08-28 14:58

dompeilee

Those who bought between May & Nov '14 all cannot make $ despite takeover lol

2018-08-28 20:21

Jon Choivo

Average down yo hahaha.

But probably should take up the offer, too low. Around Rm4.5 to 5 is fine.



Posted by dompeilee > Aug 28, 2018 08:21 PM | Report Abuse

Those who bought between May & Nov '14 all cannot make $ despite takeover lol

2018-08-28 20:28

lizi

like every week buy lottery, hoping one day will hit jackpot....after few years really kena, it may not be jackpot but consolidation prize....


dompeilee Those who bought between May & Nov '14 all cannot make $ despite takeover lol
28/08/2018 20:21

2018-08-28 21:19

Fabien Extraordinaire

price 2.82
offer 3.00

arbitrage play?

2018-08-28 21:22

5354

At least Daiman boss is good to privatise at 38% premium how abt other listed ctrs?

Posted by dompeilee > Aug 28, 2018 08:21 PM | Report Abuse
Those who bought between May & Nov '14 all cannot make $ despite takeover lol

2018-08-29 04:18

TheContrarian

Usually the more thinly traded, the higher the premium. For heavy volume counters, there's hardly any premium like in TA Enterprise.

2018-08-29 04:47

iphone4

Asset backing is RM5+ and taking it private at RM3.00 is already at a big discount. Plus in the revaluation of its land bank property , the Offeror made a big killing.

2018-08-29 11:26

value_man

Arbitrage Play:
Offer Price: RM3.00
Dividend: RM0.05
Current Price: RM2.82
Profit: 3.05-2.82 = 0.23
Yield: 0.23/2.82 = 8.2%

2018-08-29 15:26

hoplanner

Iphone4, Stock mrkt eat people, by big shareholders. See what happened to Hunza some yrs ago, now MWE. Soon Insa

2018-08-29 19:45

apolloang

soon ken not insas cos u mention daiman and hunza,both of them in property sector same like ken,insas not a property stock

2018-08-29 21:18

enid888

Pls read the following report from Public Investment bank dated 17/6/2014 to see what is the real net book value of Daiman. Public investment Bank gave a fair value of RM7.79 per share. You compare the offer price of RM3.00 to RM7.79 per share and see how much the offerors are going to make.

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=53009&bb=34262

2018-08-29 21:47

apolloang

that time public also wrote about SAB

2018-08-29 21:51

enid888

The following is the extract from the Public Investment Bank report on Daiman. See for yourself, how much the investment community has overlooked Daiman.

" Huge potential value to be unlocked.

The group owns about 2,965 acres landbank in Johor spanning across Kota Tinggi (2,645 acres), Tebrau (118 acres), Plentong (158.3 acres) and Senai (43.9 acres).

The most interesting part is its 103.7-acre golf course land in Plentong, which sits on commercial land status with a book value of RM7.20 psf. Management has indicated there is a plan for redevelopment but will only start looking into it after the completion of the JV project as it wants to see an increase in traffic volume and business activities from the mixed development. Based on the transacted price with the JV partners, the land is now worth around RM140 psf.

In Kota Tinggi, it has about 2,458 acres, which has been approved for mixed development, is sitting on book value of RM2 psf. Based on the market value of RM10-RM15 psf, we believe it is worth at least RM1bn.

All-in, we think its land bank and properties in Johor stand at market value of not less than RM2.5bn, which is a far cry as compared to its current market capitalization of RM598m."

2018-08-29 22:00

enid888

Yes, apolloang, Public also wrote about SAB during that time.

2018-08-29 22:02

enid888

I would like to suggest to KYY, quietly accumulate the shares of a good undervalued target property counter, make a general offer to privatise the target company at an appropriate time. He may make a few hundred percents in a few months time.
After that, he can either choose to sell the properties away piece by piece or even relist the company with the lands and investment properties revaluated to market prices.

2018-08-29 22:39

prudentinvestor

The relevant authorities must not approve this privatisation exercise as it will result in our country losing hundreds of millions to foreigners.

2018-08-30 09:30

RVI123

For a general offer, the authority shld requires the assets of the company to be revalued so that it will be fair and transparent to all the shareholders (both substantial and minorities).

2018-08-30 12:08

Jeffreyteck

Our authority only bother about its bottom line, high trading volume is good.

2018-08-31 11:29

Richest

RM 4

2018-09-14 14:27

Richest

RM 4

2018-09-14 14:28

Jon Choivo

Don't sell loh, below 90% cannot CA.

2018-11-01 21:01

calvintaneng

Properties held by
Daiman Development Berhad
PTD 49317 - 49682*
PTD 56436 - 56459
PTD 62111 - 62113
PTD 62361 - 62369
Taman Johor Jaya, Mukim of Plentong
District of Johor Bahru, Johor Darul Ta’zim
32 lots of residential
land for development
12 lots of vacant land
- Freehold 1.05 acres

Rm19,000

Attention Sifu Jon Choivo

Note:

Daiman has 44 lots of lands in Tmn Johor Jaya.
Total 1.05 acres (all freehold)

Book Value (Refer to latest annual report

is only Rm19,000

So to get price psf

1.05 x 43,560 sf ft = 45,738 sq ft

Now for Rm psf

Rm19,000 divides by 45,738 = 41.59 sen

to round it up

42 sen psf

What is the curent asking price for land in Tmn Johor Jaya?

Refer to propertyguru

Jalan Teratai 33 Tmn Johor Jaya land adverised for sale at Rm100 psf

See

https://www.propertyguru.com.my/property-listing/johor-jaya-teratai-for-sale-by-ck-lau-27536054?ref=ls%7C%7C4%7C3

2018-11-06 23:00

calvintaneng

Daiman = Diamond

Others are

TA ENTERPRIZE
INSAS
EKSONS
GUH
ECS ICT
MPHBCAP
TALAM
KWANTAS
JTIASA
HARNLERN
CSCSTEEL

SO MANY GOOD STOCKS GOING CHEAP

2018-11-07 22:14

Syndicates

be aware, offer price cum dividend should be 3.05. 3.00 is after ex-dividend price.

2018-11-15 22:23

dompeilee

I struck quite a few takeover plays during the last 5 yrs, including MISC, HL Cap, KHSB, Samudera, Ptg Tin, KAF, Hunzpty and this year, Daiman & SPB =)

2018-11-17 11:57

nkpi3

The Offer Price of RM3 is at a whopping 55.75% discount to its RNAV of RM6.78! The independent adviser, Mercury Securities, says it is reasonable to accept the offer in view of the historical share price of Daiman. For long term investor, who has stayed with the shares for its value, I would say it is grossly unfair and unreasonable to accept the offer. Will Mercury Securities or anyone willing to sell off their own real estate/ properties at 55.75% discount? Yes, Daiman is indeed a property company owning real estate, not a tech company with very little asset backing.

2018-11-20 17:12

Angel of KLSE 大马股仙

If i keep holding the shares, when to receive RM3?

2018-12-04 21:51

Angel of KLSE 大马股仙

My remisier say RM3 offer not yet confirm

2018-12-05 08:42

Angel of KLSE 大马股仙

Anybody knows?

2018-12-05 08:43

k3nthiew

They need to get approval from shareholders on today agm, once egm done, you will get your money likely in another 3 months time

2018-12-10 10:47

k3nthiew

Btw, anyone at egm today?

2018-12-10 10:47

yeow53

Is the proposed general offer approved at the egm?

2018-12-19 11:06

calvintaneng

Merry Christmas

Daiman is diamond in value

2018-12-25 21:31

lextcs

once again the minority shareholders are short changed....santa came not to give but to rob

2018-12-26 09:21

pucho

Why are people still trading this stock?

2019-02-21 11:03

azera

Share privatise already?

2021-08-07 10:08

TheContrarian

Long time privatised already.

2021-08-07 11:32

calvintaneng

Yes done long ago

Now Daiman got lands for sale by tender

As for next possible candidates for privatisation:

See

Eksons
Mphbcap
Bplant
Tsh Plant
Fgv
Nylex
WTK
Thplant
Others

2021-08-07 11:50

ongtnl

why no movement? can buy boh this counter?

2023-05-23 23:12

TheContrarian

Cannot buy anymore.

2023-05-24 18:36

calvintaneng

calvintaneng

Yes done long ago

Now Daiman got lands for sale by tender

As for next possible candidates for privatisation:

See

Eksons
Mphbcap
Bplant
Tsh Plant
Fgv
Nylex
WTK
Thplant
Others

2021-08-07 11:50


BPLANT CHUN CHUN BEING TAKEN OVER BY KLK FOR RM1.55

2023-09-21 23:05

calvintaneng

After Bplant taken private 🏆
Mphbcap taken 🏆

Now listen

All must have Tsh Resources in his or her portfolio

2024-07-06 12:17

speakup

U want to know which next to be taken private? It's........FGV!

2024-07-06 15:46

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