@bibi1234, i dont have a really professional opinion on it.
I am afraid as this is something new to me as well, and nobody can say it is right ot wrong for doing so.
But what i can see is dayang should not being thrashed till today price, especially oil price is recovering. The price tend to jump after the announcement made, but being dragged back immediatedly and being pressed down further compare to before announcement. Which kind of indication for me that some party really interested in it and squeezing out small investors.

But look back at the fundamental, dividend of perdana actually didnt change anything to dayang business fundamental, if i confident to buy in before then why not now when being discounted more.

And with oil price recovering now, next year petronas capex should be improved. And petronas MCM contract awarded, petronas plan to have a P&A on most of it dead well. It kind of showing that there will be more and more chances for dayang to work on.

Another way of seeing it is also on GE14, sarawak people job rely quite a lot on OG industry. If the local company continue making losses and cutting people, can imagine how this reflect how bad BN ruling over sarawak.

Anyway, i am working in OG sector, so i didnt see dayang is really a thrash company that should be being dumped to this level.

My 2 cents though, maybe right maybe wrong. Plan to hold it long and see what next.

People always say, greed when people afraid. Haha, i dont think i am that good actually, just trying to hypno myself

last top up before ex-date.
lol, i a bit afraid to see tomorrow, especially portfolio will be blood red tomorrow.
Keep it for few month then only dare to open and see how it recover, lol

wah....0.825, hibiscus still got power left today

wao, all big fund block people from buying dayang.
Look at the queue. no chance for those want to get in last minute

Today volume seems less than last friday.

i bought before dividend announcement, already wet my hair so have to be on the side of buy before ex-date, haha.

So @OrlandoOIL, so what you think on the dayang's dividend?

http://www.chinapress.com.my/?p=1103467

85usd, seems not practical la, dont forget US shale oil havent start taking action yet.

look like will ding dong ding dong at current price for today.

Wow, hengyuan is flying today.
Crude oil up people claim it is benefited, crude oil down people also claim it is benefited, lol

lol, turn red in the green sea of OG counter again

when hibiscus and armada share price is higher than dayang

TP 1.03 really not a dream

Wow, early morning already 0.815.

Good one astalavista, what's your average, haha

Expect a breakeven with q2 or maybe slight increase compare q2

@yipman, the recent announcement on hibiscus stating that the production online percentage is lower compare to q2. So it kind of offset the increase in crude oil price

wow, close at 0.79. Unbelieveable.

private placement bro

the buyer looks serious this time, can hold a bit longer and see what they can push to

0.8 might not be a dream now

0.79, wow......

green green day for OG counter except......

the sudden fly looks like is the after effect from the coverage of media last few days ago.
It jump just like few month ago, where nanyang suddenly cover about hibisucs and jump from 0.4 to 0.45c.

Will need to see if hibiscus can maintain at this price.

@Moneynotenough, based on the announcement, 2q17 98% uptime.
So the production will be lower in 3q17, offset by increase in crude oil price. So this quarter earning should be break even only.

More interesting is on the gas injection system installation, which will boost the production a bit more.
Of course, there's sabah EOR the main catalyst.

wow, 0.77 new high this year eh

Anyway, the operator seems to like round figure, haha.
Always in 200, 300 /500 etc.

http://www.enanyang.my/news/20171110/%E8%BF%91%E6%9C%9F%E6%95%B2%E5%AE%9A%E4%B9%B0%E5%8D%96%E7%BB%86%E8%8A%82br-%E5%A4%A7%E7%BA%A2%E8%8A%B1%E7%9F%B3%E6%B2%B9%E5%AF%84%E6%9C%9B%E6%B2%99%E5%B7%B4%E8%B5%84%E4%BA%A7/

no wonder sudden jump again.

wow, down 20-30c everyday.
Look at the selling execution, hundred by hundred lots selling in less than a second make me believe there's somebody manipulating it.

Interesting, and let see how low it can go before ex-date.

The uncertainty of dayang is the one that drag the crowd from buying it. Everybody just wait and see how it perform after ex-date. No right or wrong for this decision depends on each person's interest.

But when i think back from fundamental side, did the perdana share dividend really affect the core business of dayang? Not really, it is more like splitting share, share price change but actually the profit (if any) still not going to change, so why i panic when the price now so low?

Especially the price being suppressed like crazy, the selling pressure is so high after the dividen ex-date announcement is made. Why crowd sell now but not soon after the decision made in AGM, which at that time the price is even higher now and crude oil price is lower. So my own believe is some party are doing some tricks behind, especially look at the trading case, always in few hundred lots of selling in single second which make me doubt even more.

Well just my 2cents, maybe right maybe wrong.
Dayang is my only OG counter in losses now, haha.
Topping up dont know how many time already, always go lower after thought it has been stabilized. lol

With higher crude oil now should be not that bad unless operation hiccups inside hibiscus

It already makes good profit last6 quarters. That was when when crude oil still cheap

@moneynotenough, reach being dragged back. still able to make profit.
Too high to enter now for me, just need wait and see if any chance to get in.

Reach seems like the main theme for goreng today.
Look at the volume,fast and furious.

Reach so strong this week.
All OG counter down, but it up. and constantly up at least 0.015 per day. lol, jealous

@moneynotenough, that one is kimanis oil from malaysia and nearby region.
Which is higher quality and less sour, that's the reason why the price is higher than brent.

Get lower and lower and it is like a good chance to topup

Dayang price seems being supressed. When the dividend announced, the price junp by 10%. But being dragged back on the same day and now the price is even lower than before it announce the dividend

wao, shark is so fierce on pushing down the price

Thanks chung. Does it means we should sell dayang on 14th if possible?

sell or hold? dayang confuse me like crazy

show start? huge buying suddenly

Haha, good one damienCYH.
I once thought of buying reach, but didnt at the end.
Regret now though, but that's life.

BA hard to move, the blocker been there for many month.
I bought BA first then hibiscus.
All O&G counter move but BA still ding dong ding dong till today, haha

http://dayang.listedcompany.com/news.html/id/609068

wah, crude oil up to zone of 62, hibiscus not moving? weird.
Look at reach, slowly slowly chase up liao

oo, battle start again. see either close 0.77 or 0.765.
But blocker looks serious today after lost yesterday

wao....it really happen, lol

haiz, back to opening price perhaps?

wow, cant even stand 2% increase after the divident announced.....

that road block, same tactic again eh

Wah, armada is the rising star for og counter today.
Hopefully not one day show again. up one day then down down down non-stop