DANCOMECH HOLDINGS BERHAD
KLSE (MYR): DANCO (5276)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.445
Today's Change
0.00 (0.00%)
Day's Change
0.445 - 0.45
Trading Volume
134,600
Profile
DANCOMECH HOLDINGS BERHAD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT
Index Group: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: No No
IDSS Flag: No No
Description
Dancomech Holdings Bhd is engaged in trading and distribution of PCE and Measurement Instruments. The Company offer its products to palm oil and oleochemicals, oil & gas and petrochemical, and water treatment & sewerage industries.
Address
Discussions
4 people like this. Showing 50 of 2,497 comments
roger3210, very soon this junk will reach to RM1.00.
There is not much undervalue counter in the market d.
For your own pride / ego, you can continue to call it junk.
But for your own pocket, you better buy some before it take off, because DANCO is deeply undervalue, its market cap only RM219mil, and it has at least RM110mil cash in bank account. Moreover, it is a profitable company, with physical asset such as plant & factory, machinery & equipment.
Under the MADANI government, Malaysia stock market sure will reach to a new high very soon. So DANCO definitely will go up one, if not this month, then it will be next month, or September'24.
2024-07-23 12:49
@roger3210, then you share with me which counter you think have bright future and upside?
2024-07-24 11:22
August will be the month for DANCO to outperform.
DANCO have chance to hit RM0.55.
2024-07-29 00:41
Dividend Yield is higher when share price drop.
Hopefully its profit can perform better (QoQ increase, YoY increase)
2024-08-02 13:37
becoz it is a rubbish company, profit margin keep on dropping to new low :D
2024-08-02 16:06
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.
2024-08-07 16:27
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....
2024-08-09 11:14
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.
2024-08-23 09:55
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-21 16:35:00
EMA 5
5 Mins
SELL
2024-11-21 16:35:00
ADX
5 Mins
SELL
2024-11-21 16:35:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-11-21 16:35:00
TURTLE SYSTEM 55
5 Mins
SELL
2024-11-21 16:30:00
EMA 5
30 Mins
SELL
Apps
Top Articles
1
2
Good Articles to Share
3
4
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
5
AmInvest Research Reports
6
7
save malaysia!
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Albukhary
https://www.youtube.com/watch?v=eE0wk1re0kQ
2024-07-23 10:55