KWAP may continue to sell Dayang due to Dayang as a group is considered technically insolvent as such KWAP no longer has a strong mandate to invest in Dayang
Whn its subsidiary Perdana defaulted on one of its loans it has triggered a cross default on all its loans and made all of them due for repayment immediately thus making it together wit Dayang group technically insolvent
Pathetic fallacy
OrlanoOIL just speak the true...
Thanks for the article above to serve as a remind or alert .
2019-02-24 14:52
Eps=17c. Tgt= 1.70 @ pe=10. Now only 79.5c, not cheap???? Sailang buy. Hopefully not limit up so we have chance to buy. Very goog company to invest for 1- 2 years.
2019-02-24 15:21
OK OK
If you guys so afraid then Go
BUY PANTECH
PANTECH HAS A VERY VERY CLEAN BALANCE SHEET
AND ROCK SOLID TOO
Dayang got one source of Income by OGSE
PANTECH GOT 3 SOURCES!!!
1) PANTECH SELLS PIPES & FITTINGS TO DAYANG
Provision of Maintenance Services (From Dayang Company Website)http://www.desb.net/provision.php
Dayang’s subsidiary, Dayang Enterprise Sdn Bhd (DESB) undertakes the overall provision of maintenance services, which focuses on the following areas:
Maintenance of Topside structure
Maintenance of pipes and valves and
Electrical and instrumentation
The maintenance services are provided either on a routine or scheduled basis or during a breakdown or emergency, in which case maintenance works are undertaken due to fault or failure.
(((Maintenance of pipes and valves and)))
2) After Crude Oil is extracted they are Piped Into RAPID Refinery for Processing
SO THIS IS THE 2ND TIME THEY USE PANTECH PIPES & VALVES
3) AFTER CRUDE OIL IS PROCESSED THEY WILL THEN PIPED IT INTO DIALOG'S STORAGE TANK AND LATER PIPED DIRECTLY INTO RAPID CHEMICAL INDUATRIAL HUB
SO AT ALL LEVELS OF EXPLORATION, EXTRACTION, PRODUCTION, REFINING & DISTRIBUTING PANTECH PIPES & VALVES WILL BE IN USE
PANTECH (OR ALL TECH) THAT'S IT!!!
2019-02-24 17:12
Tmr not only local O&G sector moves up, global stock market will be supported with outcome of US-China meeting over the weekend
2019-02-24 18:47
Last time Dayang got Perdana share at x price...after perdana share price fall Dayang declared dividend specie 0.302:1...banyak sakit hati...if the insolvency is true...then abit worry nia...
2019-02-24 19:19
Exit strategy
KYY only needed abt 75m to kao tim KWAP
But bear in mind no institutional funds can buy Dayang in its current technically insolvent state jz like KWAP
So exit maybe a problem
May hv to hold long term
Pathetic fallacy
2019-02-25 09:51
Personally, I will give short term target to RM1.50 us segment industry strong recovery trend, the revenue growth will increase further along with the recent contract awarded.
2019-02-25 10:36
no need to say this wtf that wtf, each institution has their own investment plan, kwap sell & buy every day every min, very normal
you posted this blog at this time, ppl know u r sour grape, u missed the boat
2019-02-25 13:00
KYY's tis venture spend 80m?
Rest by bui ber ehh
Bear in mind no institutional funds can buy Dayang in its current technically insolvent state jz like KWAP
Exit plan ..
Pathetic fallacy
2019-02-25 18:49
Especially RI on d way
Whr Perdana is heading can use Alam Maritime as a guide
Pathetic fallacy
2019-02-25 18:58
U cannot say KWAP no longer has a strong mandate to invest in Dayang is not right
Gonna move on
Take care
Pathetic fallacy
2019-02-25 19:56
OrlandoOIL
Bal 83,765,066
5 more days to go..
2019-02-24 13:00