DGSB – currently RM0.085, wave 1 was due to Insas purchased

Why we choose DGSB

DGSB has story, now in chapter 1 only , more chapters coming soon- "While DGSB’s financial footing seems unsound, it is interesting that Datuk Tan Seng Chuan — the founder and executive vice-chairman of Inari Amertron Bhd, an electronics manufacturer and semiconductor packaging company — was recently appointed an executive director. Tan is also an executive director of Insas. " From the edge Malaysia

DGSB has similar pricing, liquidity and volatility to early PUC. Now Puc currently is market favorite

DGSB still in wave1, where PUC already in wave4 . The DGSB price standing on support line and the resistance is at the level that higher than you can imagine.

http://klse.i3investor.com/blogs/rainbow/141840.jsp

investgo where is Sara?

I am always here :)

hairi Sara what is ur tp? Tks

I've mentioned many many times already, my TP is 0.145 (Since 0.035), anything above 0.15 play at your own risk!

Yes moneypedia, soon you all will realize how true I am!

Are you ready for the Christmas present from DGSB?

jincheah sara ! miss u here...haha

I've told you all I wont leave here until I reach my target price! Just back from my sweet holidays!

Good Morning all :)

DGSB (Not Rated). DGSB’s share price rallied 0.5 sen (6.3%) yesterday to finish at the day’s high of RM0.085. Previously on a sideways trend for more than a year, the share price finally kicked-off an uptrend earlier this month after its share price broke out at RM0.075 on explosive trading volumes. The share price subsequently reached a recent high of RM0.10 before experiencing profit-taking activities over the recent two weeks. Nevertheless, DGSB now appears poised to resume its uptrend. Key SMAs are still fanning outwards while the momentum indicators remain in a bullish state. From here, expect a retest of the RM0.10 (R1) highs. Once taken out, the next resistance to watch is located further up at RM0.12 (R2). As for the downside, we see support levels present at the RM0.075-RM0.08 (S1) confluence although a break below would cause the share price to capitulate to RM0.05 (S2).

Mr. Yong Sun Mah is Member-Development Board at Imperial College London.

He is on the Board of Directors at Diversified Gateway Solutions Bhd., Omesti Bhd., Rev Asia Bhd., Celcom Axiata Bhd. and Cuscapi Consulting Services Sdn. Bhd. Mr. Mah was previously employed as Non-Executive Director by Prosten Health Holdings Ltd.

Graduating with a BSc (Eng) in Computing Science from Imperial College London, Yong Sun subsequently joined global management and technology consulting firm Accenture, where he served for 25 years until 2009.

He was a partner in Accenture for 12 years and held many leadership roles including change management competency group lead for Asia, communications and high technology lead for Thailand, Malaysia, Philippines and Indonesia and the communications sector for Greater China. He has extensive experience in the media and communication industries, strategic information planning, complex systems implementation and business operations.

AGENDA 4(a)
RE-ELECTION OF DIRECTOR – MR LAU CHI CHIANG
Mr Lau Chi Chiang, an Executive Director of the Company, had prior to the Meeting given notice that he did not wish to seek for re-election as Director of the Company and hence, he shall accordingly retire as Director of the Company upon conclusion of the Meeting.
The proposed Ordinary Resolution 3 on Mr Lau Chi Chiang’s re-election pursuant to Article 111 of the Company’s Articles of Association had been withdrawn.
No matter was raised by the shareholders of the Company on this agenda.

AGENDA 4(b)
RE-ELECTION OF DIRECTOR – MR MAH YONG SUN
The re-election of Mr Mah Yong Sun as a Director of the Company pursuant to Article 111 of the Company’s Articles of Association was approved by the shareholders.
No matter was raised by the shareholders of the Company on this agenda.

RX350 I feel lucky to sell the rest of my favourite counters, if I hold until now, more to lose..........

Just stay in DGSB will be good enough, forget about other counters for the time being, cheers

prc4wifefe used to own 300,000 @ 0.035...now top-up to 1,000,000 @ 0.08~0.09 range...Dato'....in ur hands now

You should have added 1000k @ 0.035 :)

pazzoll Sara, Thanks for the update. ...cheers

CHEERS

moneypedia welcome ,yeah thank 2 u to rx350, sara, mancing coz bring ma confidence in few cents stocks.

CHEERS

prc4wifefe Nov 29, 2017 09:37 AM | Report Abuse

ktsk88 Any comments from Sarainvestment/RX350?............why still no further announcement from DGSB.

Be patient, the quarterly results just out, I am sure the announcement will be coming soon.

Insas will definitely introduce their board of director into DGSB, guess who will be the next CEO of DGSB? Cheers

AIYA!!!!!!!!!!! JUST NAME @SaraInvesment as CEO/COO....tomorrow share price roket fuel to limit up....kekekekeke

: )

“Something must be brewing in order for Tan to come into DGSB,” comments a market watcher. =====> :)

Insas was a shareholder of Inari Ametron even before the latter’s listing in July 2011, and was a 44% shareholder before the IPO.

Meanwhile, Thong has 25.05% equity interest in Insas while his brother Datuk Thong Kok Yoon has 11.19%.

For its year ended June 30, Insas registered a net profit of RM180.89 million on revenue of RM347.94 million. In the year under review, the company had an earnings per share of 27.28 sen. Its net assets per share for the quarter ended June 30 stood at RM2.34, which was considerably higher than its share price of 93 sen last Thursday.

As at June 30, Insas had deposits with licensed banks amounting to RM461.09 million, and cash and bank balances of RM117.29 million. It had short-term debt commitments of RM288.59 million and long-term borrowings of RM21.87 million. Retained earnings stood at RM733.94 million.

Over the past year, Insas’ shares have gained more than 34%, and at its close last Thursday, the company had a market capitalisation of RM616.6 million.

Thong is a low-key businessman and did not want to be quoted for this article. Nevertheless, excitement about whatever he is planning has sent Insas’ stock up.

Through Insas and directly, Thong is the largest shareholder of Inari Amertron with 20.34% equity interest.

Tan’s move into DGSB in an executive position surprised many as the company had a small market capitalisation of RM115.2 million at its close of 8.5 sen last Thursday. In contrast, Inari Amertron, which ended trading last Thursday at RM2.85, had a market capitalisation of RM5.79 billion.

For its year ended June 30, Inari Ametron registered a net profit of RM227.85 million on revenue of RM1.18 billion. Its stock has gained almost 75% year to date.

“Something must be brewing in order for Tan to come into DGSB,” comments a market watcher.

Generating interest

Earlier this month, Insas surfaced in Diversified Gateway Solutions Bhd (DGSB) with a 19.91% stake or 270 million shares, which it had acquired from Omesti for RM12.82 million. This means Insas now has a more direct shareholding as opposed to through its 11.3% stake in Omesti.

Omesti is now left with a 22.06% stake or 299.16 million shares in DGSB. It also has a 57.99% stake in another listed company, Microlink Solutions Bhd, and 13.26% equity interest in construction outfit Ho Hup Construction Co Bhd.

While DGSB is in the red, the other two are profitable entities. Ho Hup registered a net profit of RM23.22 million on revenue of RM68.99 million in its half year ended June 30 while Microlink made a net profit of RM4.79 million on revenue of RM58.02 million for its year ended June 30.

Nevertheless, it is not known what is being planned for DGSB, whose core business is computer hardware. For its first quarter ended June 30, the company suffered a net loss of RM173,000 on revenue of RM15.02 million.

While DGSB’s financial footing seems unsound, it is interesting that Datuk Tan Seng Chuan — the founder and executive vice-chairman of Inari Amertron Bhd, an electronics manufacturer and semiconductor packaging company — was recently appointed an executive director.

Tan is also an executive director of Insas.

The company’s top three largest shareholders are Datuk Mah Siew Kok with 19.06% equity interest or 81.13 million shares, Monteiro Gerard Clair with 17.84% or 76.89 million shares and Datuk Seri Thong Kok Khee, who, via his flagship Insas Bhd, holds an 11.3% stake or 48.66 million shares.

While he is not Omesti’s largest shareholder, Thong and his diversified holding company, Insas, have been generating considerable interest lately.

Insas’ businesses include stockbroking under M&A Securities Sdn Bhd, property development under Insas Properties Sdn Bhd, car rental under Insas Pacific Rent-A-Car Sdn Bhd, a 43% stake in the Melium group — a fashion retailer with brands such as Etienne Aigner, Hugo Boss, Christian Lacroix, Cole Haan, Ermenegildo Zegna, Furla, Mauboussin and Stuart Weitzman — and a controlling stake in Dome Café, among others. Yet another business is moneylending and project financing under Insas Credit & Leasing Sdn Bhd.

There are also a number of listed companies under Omesti and Insas, some of which have seen interesting movements and changes.

For its first three months ended June 30, the company suffered a net loss of RM460,000 on revenue of RM89.19 million. In the previous corresponding period, the net loss was RM3.57 million on revenue of RM94.96 million.

Omesti highlights in its notes accompanying its financial statements that it had turned around from a loss before tax of RM3.9 million in the previous corresponding quarter to a profit before tax of RM2.42 million in the quarter under review “mainly due to the higher gross profit margin recorded by the Business Performance Services segment”.

As at June 30, Omesti had cash and bank balances of RM56.5 million while on the other side of the balance sheet, it had short-term debt commitments of RM92.8 million and long-term borrowings of RM14.88 million.

“The [placement] exercise is not to raise funds but more to bring in a strategic shareholder or partner. It has not been firmed up yet,” a banker involved in the deal says.

For illustrative purposes, a placement of 43 million shares at 50 sen apiece could bring in about RM21.5 million for Omesti, and give the new shareholder just over 9% equity interest, that is if the entire 10% placement is taken up by the same individual.

Undertaking share placements is not something new for Omesti. In mid-July last year, the company issued 38.98 million shares at 50 sen apiece, raising RM19.49 million. The exercise was completed on Aug 24 last year. The bulk of the proceeds from the placement was used to repay bank borrowings, as working capital for general business purposes and for capital expenditure.

Nevertheless, for “interesting” shareholders to bite, there must be something in Omesti.

THIS has been a busy month for Omesti Bhd. Just last week, the software and application developer announced a 10% private placement to third-party investors, and market talk has it that the potential shareholders being approached are “interesting”.

Sources familiar with the matter tell The Edge that several potential shareholders have already been met and the interest they are showing is encouraging. In line with the rumours, Omesti’s stock gained 11 sen or 23% to hit a six-month high of 58 sen last Thursday before shedding 3.5 sen to end trading at 54.5 sen.

Overall, Omesti shares have performed well, gaining 22% year to date.

http://www.theedgemarkets.com/article/omesti-insas-gaining-traction

sailang dgsb.com I ALL IN......@2,500,000 unit

I like your name very much :)

sarachy_investor i still hold it, hope it can fly higher

Cheers

prc4wifefe datuk thong alr buy...he no play games

Yes, he is a real investor

prc4wifefe insas already say their readon buying into dgsb is for dftz

:)

Accumulate as much as you can now, forget about others counter, cheers

Yes, indeed.. I have been accumulating only this stock since it wans GN3 last year.

Great, i manage to grap some @ 0.03 before they released from GN3, that was a great chance indeed

moneypedia nice sara, yeah all must learn bout patience....

Cheers

zhm540 Thank you SaraInvestment, with 7 mill shares in my pocket, I have been patient enough since the price was 2.5s!

you probably bought 0.025 during their GN3 last year?

RX350 Cheers Sara!!!!!!!!!

Cheers

I've told u guys i'll be staying here until it reach my target price, cheers

ktsk88 Any comments from Sarainvestment/RX350?............why still no further announcement from DGSB.

Be patient, the quarterly results just out, I am sure the announcement will be coming soon.

Insas will definitely introduce their board of director into DGSB, guess who will be the next CEO of DGSB? Cheers

BUY BUY BUY

MORE TO COME

luigee So far all these reports in chinese is about jack ma la, DFTZ la, bla bla. Question is, how is dgsb going to benefit from all this? This is more like shark enticing retail investors to part with their savings so that they can start distributing. Who knows if Sarainvestment is a shark agent, saying announcement soon, but dunno when, maybe after the sharks have a good meal?

@.@

http://www.theedgemarkets.com/article/omesti-plans-private-placement-raise-rm257m

KUALA LUMPUR, October 18 (Bernama) - OMESTI (OMESTI, 9008, motherboard technology group) private placement of 10% stake, attracted a great deal of interest from several potential major shareholders, last week even pulled the stock price rose to a 6-month high of 58 cents.

The company placed 43 million new shares raised 21.5 million ringgit, a greater intention is to introduce strategic shareholders. It is reported that the company has met with several potential shareholders, they are "very interested in the equity."

The company lost 460,000 in the first quarter, with the three largest shareholders being Datong Mutongguo (19.06% shareholding), Monti Luo (17.84%) and Datuk Soup Guoguo, the latter being listed via INSAS (3379 , Board Financial Group) holds 11.3%.

Insas main businesses include M & A securities, industrial development, car rental and fashion retailing. Earlier, it also acquired a 19.91% stake in DGS (DGSB, 0131, GEM Technology Group) from Omesti for RM12.22 million and a 22.06 % Shareholding enhanced control.

Tang Guoji, who has always been a low profile, holds 25.05% of shares in Insas and 11.19% of his brother Tang Guoyun. The series of moves prompted Insas share price to rise 34% over the year.

英沙士主要业务包括M&A证券业务、产业发展、租车与时装零售等，早前亦以1282万令吉，从Omesti公司收购DGS公司（DGSB，0131，创业板科技组）19.91%股权，并以22.06%持股增强控制。

This is just the beginning, more to come!!!

I believe many of you here can see what's going on behind and expecting more juicy announcements to come out from Insas and DGSB. And if you think wise, you may see the bright side of how far DGSB can go further, unless if you really have no confidence to Insas.

DSD1166 sarainvestment, how high do you think DGSB will go in 3 months time

My short term target price is 0.145, whether it will reach to my target price in 2 months time is not just up to me to decide, we'll need time to prove, please buy at your own risk.

yong Sara:ur tp?

I am sorry, I've no tp for the time being because I decide to go for long term investment in this counter. We need times for Insas to transform DGSB which is good in networking and SAP fundamentals. cheers yong

Williamtaychunkit Kenapa ada INARI this Stock?
Dear bro and sis of DGSB ,this is only one reason - Because INSAS created INARI.
Dahulu, mana ada orang nak beli Inari dan simpan sebanyak shares yang boleh.Yang ada cuma INSAS big boss yang accumulated Inari shares.
Inari also not a making profit company before just like DGSB.
目前为止，相信大家都还没看得出DGSB, 就像之前几分钱的Inari 。

Williamtaychunkit we not need to play so hard in share market to buy and to sell every time/to trade everyday.
Some are loss money some are made profit.
It does not change ours life so much.
INSAS Technology boss NOT A TRADER, But they are INVESTOR.

Williamtaychunkit 大家就耐心等待Insas Technology 为DGSB铺路吧。


说得好，well said, cheers

ktsk88 sarainvestment, any further news? advice?

ktsk88, I still believe we need to be patient for the time being, just have a look at the KLCI and the performance of the others counters, I believe most of the counters are bad enough for the past few days. Cheers

stockintalk 有个奇怪的感觉，心中总觉得DGSB存有很大上涨空间。
可是又不能一一解释出来

我笑了 ：）

stockintalk DGSB如果这么快公布消息，大家岂不是没这么多时间去累积10cent以下的价位咯。要是我是Insas Technology 老板，同样也不会对外公布DGSB方针。

最便宜的马云概念股 - DGSB (0131)
The Cheapest Jack Ma Theme Stock - DGSB (0131)
DGSB - 数字经济开启发展大时代

我很长在想，以上这几位布落客专家真的太用心了

RX350 Cheers Sara, all the best.........

Cheers