DANCOMECH HOLDINGS BERHAD

KLSE (MYR): DANCO (5276)

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Last Price

0.405

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.405

Trading Volume

73,300

IPO Info
Offer Period

Opening

2016-06-23

Closing

2016-06-23

Time Table

Allotment Date

2016-07-20

Listing Date

2016-07-21

Price

Issue Price

0.75

Units

149,000,000

Share Capital

0.000

No of Shares

Public Issue

24,000,000

Offer for Sale

16,000,000

Private Placement

11,370,000 (part of Offer for Sale)

Issuing House

MIH - 577

ISIN Code

MYL5276OO000

Prospectus:

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (A) PUBLIC ISSUE OF 24,000,000 NEW ORDINARY SHARES OF RM0.40 EACH (SHARES) IN THE FOLLOWING MANNER:(I) 7,500,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE PUBLIC; (II) 2,503,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; (III) 13,997,000 NEW SHARES AVAILABLE FOR APPLICATION BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND (B) OFFER FOR SALE OF 16,000,000 EXISTING SHARES IN THE FOLLOWING MANNER: (I) UP TO 4,630,000 EXISTING SHARES BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND (II) 11,370,000 EXISTING SHARES BY WAY OF PLACEMENT TO SELECTED INVESTORS; AT AN ISSUE/OFFER PRICE OF RM0.75 PER SHARE, PAYABLE IN FULL UPON APPLICATION

Dancomech - Page 263 to page 389.pdf

Dancomech - Page 123 to Page 262.pdf

Dancomech - Cover to Page 122.pdf

Dancomech - Notice of Electronic Prospectus.pdf

Discussions
4 people like this. Showing 50 of 1,630 comments

roger3210

Good luck foreverchung, top 30 with huge loss in Danco.

1 month ago

chkhooju

I agree with @foreverchung... That guy is very sick. He requires psychiatric treatment. He has been saying KPS will plunge to below 50¢ since three years ago. As you can see KPS to-date is still trading at 72.5¢, excluding all the dividends paid. Last year alone it paid 9¢. Another 2.5¢ has been declared, exdate 1..23.

1 month ago

chkhooju

Exdate 1.6.23, 2.5¢. Expect more to come from KPS. With its hugh cash reserves I'm hoping for another round of special dividend.

1 month ago

roger3210

0.43 sell down soon :D

1 month ago

roger3210

market up 11pts and danco almost break 0.43 support. What else u waiting for ? The collapse is imminent !

1 month ago

roger3210

it has never close below 0.43 since after 14/3, below this will be disastrous ! Fasten your seatbelt and ride this all the way down to 30c

1 month ago

roger3210

DJIA drop 600pts ! Danco gonna break below super important support 0.43 tomorrow, at least 30-50% drop in these 2 months ! SELL ON MAY AND GO AWAY!! For those still holding, u better do NOW before too late.

1 month ago

DickyMe

600 is nothing to be alarmed but 6000 is the need to be on guard.

1 month ago

roger3210

run for u life !! 0.43 finally BROKEN ! The drop will be very fast

1 month ago

roger3210

yes !! 0.42 broken also !!

1 month ago

roger3210

avalanche kick off !!! RED ALERT, AVALANCHE, london bridge is collapsing now ! RUN !!!!

1 month ago

scaniaz

haaa..now baru confirm kita boleh chowww...run for your life guys!! :))

1 month ago

roger3210

already alert u guys way earlier when it was 0.46 ! Sell on may has just kicked off, today just the beginning of collapse for most stocks. Danco probably gonna drop 30-50% judge by the selling pressure which likely to see danco below 30c by july

1 month ago

foreverchung

OH NO! DANCO drop -3%! It's crashing down!

GTRONIC drop -6%! ATECH drop -3%! MRDIY drop -4%! Alot of counter in Bursa crashing down! RUN! Ditch Bursa Malaysia and go FD cuz OPR raised by 0.25%!

Pffttt come on la, drop another -10% thanks.

1 month ago

foreverchung

First time buy DANCO follow uncle roger upcar, shame on me. But as a holder of DANCO for years, I never slept worried.

So yeah, you definitely should run! Especially roger3210, after you do your good deed warn others to run, you should get as FAR away from DANCO as possible. Go play elsewhere lmao. Pathetic.

1 month ago

roger3210

so sorry u r losing money now in DANCO :D

1 month ago

roger3210

Even break 200ma support, overall trend has turn BEARISH ! RUN RUN RUN or have ur portfolio sink 30-50% in next 2months !!!!

1 month ago

5612

hey Roger so which counter will rise?

1 month ago

SmallSexyPig

up and down stock's share price may go but here's some facts:

1. DANCO have always posted profits
2. Dividends given have always been maintained / grown
3. Annual Revenue YoY has grown
4. Annual Profit YoY has grown (except 2nd year listed)
5. Business is growing and expanding into new areas
6. No major shareholders are selling
7. 2020, 2021 & 2022 were challenging years and record profits/revenues were posted. Even if 2023 has a reduction long term projections indicate that things will bounce back when economic conditions normalise (which they undoubtedly will)
8. AR2023 indicates 2023 will be a satisfactory year. Meaning business as normal.

IMO, DANCO remains unappreciated and undervalued in terms of long term prospects.

1 month ago

roger3210

below 40c next week, below 30c end of july

4 weeks ago

roger3210

market green danco red, n QR is coming, what does that mean. The hint is very obvious now.

3 weeks ago

roger3210

omg, 40c now !!

3 weeks ago

roger3210

0.395 !! finally 0.40broken, remember what i said last week, below 40c very soon and below 30c by end of july/august ?

3 weeks ago

patrick5612

are you collecting?

3 weeks ago

roger3210

i wait below 30c :D

3 weeks ago

patrick5612

Good better than invest pn17 right

3 weeks ago

Albukhary

wow.. roger3210 is god prediction

3 weeks ago

roger3210

big fund is selling danco aggressively ! run for your life !

3 weeks ago

patrick5612

roger knock knock

3 weeks ago

loneranger

Cepat, cepat 0.30, I want to collect more. Hahaha.

3 weeks ago

patrick5612

I jual kebun beli

3 weeks ago

roger3210

lol loneranger, deep inside i know u r shivering holding danco at high cost

3 weeks ago

roger3210

it will go below 40c again very very soon ! run for your life !

3 weeks ago

cbkia4896

go go go

3 weeks ago

patrick5612

so quiet

2 weeks ago

roger3210

breaking 40c support very soon, so many stocks rebound today and danco still very weak, this is a very bad sign

2 weeks ago

foreverchung

Just like what Roger3210 said in KPS, would collapse. I hope KPS faster collapse to 0.85, so his accuracy can be reflected in DANCO.

DANCO can collapse to 0.6, thanks uncle Roger lmao.

Yes yes run for your life. Operator coming for you. Bad market. Insider dumping. Interest rate high. DANCO got gas coming out from their ass.

2 weeks ago

foreverchung

Meanwhile, I'm just gonna aim for my top 30 shareholder name in AR. See you there.

2 weeks ago

garychee8

No need to get riled up by the asshole..we continue to invest and hv faith in Danco..for current price the yield is about 5% , much better than FD

1 week ago

roger3210

run for your life ! going to sell down below 40c right after QR out end of today !

1 week ago

roger3210

sell down after AGM today :D

1 week ago

roger3210

ur nightmare is coming, no good news from AGM. GG !

1 week ago

roger3210

omg, Danco revenue and profit drop so much compare to last Q ! monday straight collapse below 40c, much more to drop in coming days

1 week ago

patrick5612

still profit woo!!

1 week ago

loneranger

Time to fly. Fasten your seat belt.

1 week ago

roger3210

profit much lower than last Q, that is a bad sign :D fasten your seat belt, it is going to collapse once break below 40c on monday

1 week ago

SmallSexyPig

oh look, best Q1 the company ever posted. Get out of town Roger, your goose is cooked. you're done son.

5 days ago

SmallSexyPig

only reason DANCO is down is due to macro head winds affecting Bursa in general. you could piss in the dark at the moment and find a stock that's depreciating

5 days ago

roger3210

be careful, sinking below 40c soon , once close below 40c it will collapse very fast

5 days ago

cbkia4896

sink ah, i buy more lo

4 days ago

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