The question here can Dayang sustain at current price when Perdana limit down on Monday. Or will it be at higher price for Dayang. Interesting to see as I believe those selling Perdana will buy Dayang to average down...

Will dilute Dayang shareholding in Perdana. Good for Dayang. Less stake is better as OSV biz still struggle.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5635537

Not sure mredzuan. Perhaps by this week 15th Dec. Need to wait announcement anytime soon.

Dayang Shareholders
Naim 29.06%
Ling family 25.25%
Tengku Yusof 7.52%
KWAP 11.58%
Above shareholders holding 73.41%
Balance in the market not much. Time to fly after disposing 37.8% Perdana.

Completed. Next announcement relist of Perdana. Banyak lambat. Sudah pokai lol. Get it done faster la. Dayang drifting lower and lower. Haizzzz....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5632993

Looks like real reversal soon. Good trade today with nice finishing candle.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5614521

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5614521

http://www.theedgemarkets.com/article/oil-price-recovery-and-lower-net-impairment-lifts-petronas-3q-net-profit-635

Back to darling of bursa soon as what used to be.

Ini kaunter for real banyak cilaka la. Berapa low mau pergi. Where's the bottom? 30 cents? 20 cents? Or 10 cents? Aiyooo...

212M revenue profit like that only. Disappointed but no choice other than hold for next year. Cut loss now too painful.

18.5M loss by Perdana. I think Dayang back to profit this coming qr release schedule this Thursday or Friday. I'm expecting at least 35M to 40 M lol.

https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Could-Double-If-Middle-East-Conflict-Escalates.html

Good QR result perhaps. Moving forward Dayang seriously in much better position after disposing 37.5% Perdana stake. Less burden or drag down by Perdana.

Yeah confused. For me will hold and fight. If after ex date price drop so much will buy more to double position. Apa nak jadi, jadi la. It's only a shit of paper loss. Dayang will be in much better positions after offloading 37.5% Perdana. Back to their prime time and darling of Bursa.

Price will back up once Dayang QR is out end of this month. Without impairment hope for stong profit. 60 Million maybe...

This is why selling pressure piling up.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5595245

That's interesting Orlando.Really hope to happen that way. Big rewards ahead.

Just sold all today from 0.30 to 0.475 for other opportunities. Thank you Reach. Will come back if there's pullback which I think unlikely.. Anyway uptrend looking solid and good. Good luck all.

I have to agreed with you chung but run up before ex date still highly possible to compensate after ex date price. 4 trading days to go. Tomorrow T4. Good luck all.

Sold few weeks ago with loss 7k and swap with others. Now fully recover that loss and want to buy back tomorrow. Hope paid off.

I see. Noted.

Anyone can confirm as as it's clearly stated entitled Shareholder shall receive 0.302 Perdana shares for each Day any Share held as at 5 p.m. on the entitlement date. Here the ex date 14 Nov. Base on my understanding I have to hold on the 14 up to 5pm for the dividend. Correct?

No. Must hold up to 5pm on the 14th Nov.

Let's hope Dayang move to RM 1.25 to RM 1.35 range before ex date. Most likely we can.

Strange...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5590325

Security transfer 16 Nov..

Panic buy....

Buy. Good results...

Brent finally break 60 pb. Huat la monday onwards...

Interesting to see Reach reaction today since Brent closed at new high 59.47 pb. .

The more they delayed dividend in specie, more suffering shareholders will be. Sort it out quick please. Supposed before September month end and now about to enter November already. Weird if bursa having trouble to determine Perdana pps valuation.. Come on Dayang....

before ex date and still holding. Already called them this morning. Thanks.

Apa news ysy99999?

Ok thanks guys

Anyone receive the dividend? Suppose paid out 6 oct but till now I didn't receive it...

I lovehits, I would say your comments above really good. Yes keep for long term.

Brent above usd 58 pb. Good for reach.

Dayang - Waiting for the Better
Author: HLInvest Publish date: Tue, 10 Oct 2017, 10:29 AM
Close
Highlights
As expected, the company was awarded with Maintenance, Construction & Modification (MCM) Package A from Petronas Carigali on 20th Sept 2017. Contract duration would be for a firm 5 years (Sept 2017- to Sept 2022) with 1 year optional extension.
However, the contract value was not announced as the details of the work scope for the contract is dependent on the final work orders issued (which may vary dependent on market conditions) during the contract period.
Our channel checks and our back-of-the-envelope calculation shows that the portion that Dayang had secured is in the excess of circa RM1bn or higher, which represents a significant boost to its current orderbook of circa RM3bn.
The proposed dividend-in-specie in form of Perdana shares has been approved by shareholders in EGM held on 9th Aug 2017. Completion of the exercise has been postponed from its original target of early Sept 2017 as per circular, as Bursa Malaysia is still determining the pricing of Perdana shares upon share distribution.
We believe that the pricing process is trickier for Perdana as its last traded price was at RM1.55/share, which was way back in 2014. It is understood that the deal would be completed before end of 2017 and it is expected to give Dayang’s shareholders a decent yield from the distribution.
Based on our valuation of RM0.31/share for Perdana, the yield would be at 13% based on latest Dayang share price. We opine that the final value of Perdana share price would be significantly higher due to its steep discount to last traded price and improvement in vessel utilisation.
Overall, 2018 will be a better year for Dayang group as HUC work orders is expected to pick up, backed by RM3bn orderbook.
In addition, we also expect Perdana’s vessel utilisation to improve on the back of higher activities especially in the maintenance segment.
Forecasts
Unchanged.
Risks
Fluctuation in oil price.
Rating
BUY ↔

Completion of incoming corporate exercise represents a catalyst for the company with high dividend yield expected to be generated from distribution of dividend-in-specie. Medium term outlook is positive for the group riding on incoming contracts to be dished out in the sector.
Valuation
We maintain Buy with unchanged TP of RM1.20 based on SoP.

Once Brent above usd 60, then oil related counters will recover as well and dayang will be the main candidate to recover. It's about holding power right now. Dayang made a mistake on Perdana and now they trying to fix the problem. That's why we able to buy Dayang at current lower price.

Yeah disappointed. Big Sell off. Keep dropping, support pun sudah langgar.

@BN_Menang, please refer to press released earlier on which stated MCM awards value RM6 Billion and divided into 6 companies. Anyway if I not mistaken Packaged A that they bagged from Petronas Carigali is the biggest. Correct me if I'm wrong for better knowledge. Tks.

Finally. Monday fly... why no amount of contract stated....

Public Invest TP of RM 0.92 per shares of Perdana...

http://m.thesundaily.my/node/486917