Wow volume up 300%, parcel selling price up 100%, petrol price which is their cost down 50%...next quarter result must be through the roof sky high!

Ya but wondering who is buying all those shares from EPF...

Rain should be sustainable after MCO as people still cautious about going to cinemas to watch movies.

Director bought today.

Goldgent yes that is always the risk of selling but after years of trading experience we would know that no counters can continuously go up in straight line. Definitely the risk are getting higher vs the rewards of how much more potential upside at least in the short term. Medium and long term looks OK as long as demand for gloves are sustainable due to Covid 19.

Yes that is how the big boys make money by causing big fluctuations up and down and repeat...

Just need to be cautious in case that happens when profit taking will take place.

All it needs is one research report saying healthcare and gloves stocks have gone up too fast and furious recently for these counters to see a big correction...

Oil drop so much should be positive for Pos...

This type of stock looks like potential multi bagger if demand sustainable.

Wah another new substantial shareholder...

Ruberrex has high nitrile gloves mix and Nitrile gloves has the highest profit margin compared to others ie Latex gloves and Nitrile gloves are also used in cleanroom environment. I know cause I used to do business analysis working for gloves company. With increased demand for gloves this could be a good counter for capital appreciation in the near to mid term.

Zhulian earnings in USD while cost in MYR and USD rates so strong now...

They got e-commerce sales and a lot of pent up demand for clothes shopping with the upcoming Raya festive season.

Healthcare and infrastructure to benefit
TheStar Sat, Mar 28, 2020 09:10am - 1 day ago
While all eyes have been on the glove manufacturers, little attention has been given to the makers of health equipment and products, which in all honesty, have seen a similar rise in their demand.

“For example, companies like Nova Wellness Group Bhd and APEX HEALTHCARE BHD which sells supplements like Vitamin C, sanitizers and face masks, the demand for these products have also been through the roof, ” says one analyst.

Meanwhile equipment providers such as UWC Holdings Bhd and Supercomnet Technologies Bhd supplies devices and components for Covid-19 testing.

Earlier this week, hospital furniture manufacturer and provider LKL International Bhd saw its share price double in one week, as investors anticipated further contract wins for the company.

On March 25, LKL was awarded a contract for the supply of personal protective equipment to public hospitals in Sarawak for RM6.57mil.

Besides LKL, the other supplier of hospital equiment is BCM Alliance Bhd.

Listed hospital operators include IHH HEALTHCARE BHD and KPJ Healthcare Bhd.

UWC supplies devices and components for Covid 19 testings? In an article in the Star newspaper today.

Now not only Fidelity buying but company buy back shares also.

What happened to Uzma?

Wah director also buying must be something good coming.

New machines, better technology, better productivity and efficiencies which translates to lower cost and higher profit margin...would.mean explosive growth to the share price!

Looking at the warrants movements looks like preparing for a big upwards momentum soon...

Wah director bought so many million shares these few days.

Wah success!

Below is the extract of the new contract wins from the quarterly reports which should contribute positively to earnings and net assets moving forward:
A13. MATERIAL EVENTS DURING THE REPORTING DATE
On 25 September 2018, the Company announced the following:
(i) Deleum Primera Sdn. Bhd. (“DPSB”), a 60% owned subsidiary of the Group, has been
awarded with two (2) new contracts by Petronas Carigali Sdn. Bhd. under the Integrated
Corrosion Solution segment which comprised: -
(a) Provision of Alternative Blasting and Painting (Package B: SpongeJet, Vapor and Other
Methods) for a contract period of three (3) years with one (1) year extension option; and
(b) Provision of Riser Corrosion Prevention System and Maintenance (Package B: Sabah
Asset and Package C – Peninsular Malaysia Asset) for a contract period of three (3)
years with one (1) year extension option.
(ii) Deleum Oilfield Services Sdn. Bhd. (“DOSSB”), a wholly-owned subsidiary of the Group,
has been awarded with a new contract by Sarawak Shell Berhad (“SSB”) and Sabah Shell
Petroleum Company Limited (“SSPC”) under the Oilfield Services segment on the Provision
of Slickline Equipment and Services for a contract period of three (3) years with one (1)
extension option of two (2) years.
On 27 December 2018, the Company announced that DOSSB has been awarded with a new
contract by ExxonMobil Exploration and Production Malaysia Inc. under the Oilfield Segment on the
Provision of Slickline Equipment and Services for a contract period of three (3) years with one
extension option of one (1) year.
The above mentioned contracts will have no effect on the issued share capital of the Company and
is expected to contribute positively towards the earnings and net assets of the Group going forward.
A14. MATERIAL EVENTS SUBSEQUENT TO THE END OF THE REPORTING DATE
On 15 January 2019, the Company announced that DOSSB, a wholly-owned subsidiary of the
Group, had received a Letter of Award for the Provision of Slickline Equipment and Services for
Petronas Carigali Sdn. Bhd. under the Oilfield Services segment for a contract period of three (3)
years.
The contract will have no effect on the issued share capital of the Company and is expected to
contribute positively towards the earnings and net assets of the Group going forward.
Save as disclosed as above, there was no other item, transaction or event of a material and unusual
nature which had arisen since 31 December 2018 to 18 February 2019 (being the latest practicable
date) which would substantially affect the financial results of the Group.

They got new contracts announced recently but did not mention the value.

Tickets selling out fast!

Yeah very likely looking at how it is going!

There you go...all the way.

Wait for sellers to finish first...

Maybe no show also...stuck at limit up.

Got chance limit up but not sure if fake que though.

Yeah profit margin also increase due to synergy with Perdana ie lower vessel costs therefore can expect huge profits in the coming quarters!

If KWP know next quarter big loss, they should sell after this quarter results released for a better price. Why want to press down the price just 2 days before the quarterly earnings released? Does not make sense right.

Yeah it's not just the results...the future prospects look good for Dayang as well and external factors such as oil price as Dow Jones rallying. All in all, it's a perfect combination for a massive price rally for Dayang! Hopefully this could be the next multi bagger!

Those weak sellers would have already sold when price was pressed down before quarter results released therefore great upside potential.

Or it could be good sign as would allow certain parties to collect more before the results and after release results goreng up!

Wah with this kind of increase in quarterly earnings 3 tines in a row, this price is just too cheap too ignore. Better than buying those stocks with losses but goreng until so high. The company comments on performance and prospects moving forward also very positive.

The below statement would seem positive from Dayang's perspective:
We are cautiously optimistic of our vessel chartering business, thanks to the high number of
vessels that have been earmarked for Dayang’s offshore maintenance and the maintenance,
construction and modifications contracts with various oil majors where activities have been
going full steam ahead.

The below on from Perdana quarterly report on prospects:
Our chartering activities continued to sustain robust activity level during the fourth quarter of
2018 as vessel utilisation continued to improve amidst strengthening demand for our vessels,
particularly from our major shareholder, Dayang Group.
Vessel utilisation improved to 73% in the fourth quarter, which is a major improvement
compared to the low utilisation of 27% in the first quarter of 2018 and a utilisation of 51% for
the same quarter a year ago. This has resulted in the highest quarterly revenue since 2015 which
will serve as a key milestone for us to attain better profitability and a faster turnaround going
forward.
We are cautiously optimistic of our vessel chartering business, thanks to the high number of
vessels that have been earmarked for Dayang’s offshore maintenance and the maintenance,
construction and modifications contracts with various oil majors where activities have been
going full steam ahead. In addition, we strive to maximize our vessel utilisation by exploring all
available opportunities not just within the country but also abroad.

In July 2018, the Group has received approval from the Corporate Debt Restructuring Committee
(CDRC) of Bank Negara Malaysia for our application for assistance to mediate between the
group and its creditors. The Group is now focusing on finalising its proposed debt restructuring
scheme which together with a comprehensive corporate exercise to be undertaken, will now be
fast-tracked to be completed within the next 12 months.
The Board will remain vigilant and continue to exercise due care and prudence in the running
and administration of the company’s business.

Noted that for the last 4 years in a row revenue is always the highest for the year in Q4. Hopefully the same trend this time and leading to highest EPS!

Interesting...VS dropped to a price that is almost similar to SKpres.

The son movement does not seem to suggest that the mother price has much more upside...if not the son will gap up already...

Wah director buying a lotleh...

Muda and Orna still got dividends declared not yet ex date...still making profits but being sold down like loss making businesses.

Muda and Orna still got dividends declared not yet ex date...still making profits but being sold down like loss making businesses.

Net cash is 43% of the company share price...if continue to drop will start to get interesting...

Thanks BornToSpeculate...so you dont think can buy those construction stocks bashed down badly these few days? Any value buys emerging from the limit downs?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5790393
The 80% includes both direct and indirect shareholding as per the above link. Does the minimum shareholder spread also take into consideration the indirect shareholding?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5790393
Refer to the above link for shareholdings.

Agree ShareRich...collectively Tan Kay Hock and his wife hold more than 80% including both direct and indirect interest.
If I were them and if I know how much this company is really worth as the owners/directors, would just buy up all the remaining shares at this discounted price of 2 limit downs in 2 days. After all, this Company has net cash of RM 80+ cents and orderbook of RM 5+bil...