PROPEL GLOBAL BERHAD

KLSE (MYR): PGB (0091)

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Last Price

0.115

Today's Change

-0.005 (4.17%)

Day's Change

0.115 - 0.115

Trading Volume

22,600


30 people like this.

9,727 comment(s). Last comment by micheal42 2024-07-17 21:52

Steven Tan

393 posts

Posted by Steven Tan > 2014-08-26 18:12 | Report Abuse

Kns... can not comprehend at all why such good counter could drop like shit lo..

Posted by GoGoBenalec > 2014-08-26 18:23 | Report Abuse

Panic

Posted by Edmund investor > 2014-08-26 18:47 | Report Abuse

Investment bank from both RHB & Public set tp price at 0.43 & 0.48,.everyone rushing to buy including me. Now they downgrade the price after a cash calls by daya as a result of deluting share value & most investors including me is cashing out. This game actually manipulated by investment banker. They sold before news out & we are the one stuck with it.

Steven Tan

393 posts

Posted by Steven Tan > 2014-08-26 19:22 | Report Abuse

Yet Nan Yang today stil selling TP at 0.34.

ngsh92

39 posts

Posted by ngsh92 > 2014-08-26 21:01 | Report Abuse

Zero hope oready.. still can going further south.. until it flat lerr.. then only can think about it.. always remember, bank and stock don't love u but only ur money. Be real and dont stuck here..

pandarian

131 posts

Posted by pandarian > 2014-08-26 21:30 | Report Abuse

Dont be panic as overall market is in red.. hold on dont panic as this is the trick of big fish to eat up all small fish at discounted price...TP at least 0.40 is achievable

bluechip

338 posts

Posted by bluechip > 2014-08-26 22:28 | Report Abuse

ya agree with pandarian....i still holding 150lots....we can't speculate till quarterly report is out...

wildkid

190 posts

Posted by wildkid > 2014-08-27 07:28 | Report Abuse

anyone can explain on right issue? how much the right issue price for 1 unit??

zaini014

42 posts

Posted by zaini014 > 2014-08-27 07:48 | Report Abuse

pandarian in super long term that might be true

currently price is adjusting to reflect the right issue. same like we companies announced dividend. im just hoping quarter result will at least boost this counter for a while since they still hold shares in Reach. Hopefully.

Also i notice if Reach share move up, so will this counter.

speakup

27,014 posts

Posted by speakup > 2014-08-27 07:53 | Report Abuse

the Rights price was not announced yet.

speakup

27,014 posts

Posted by speakup > 2014-08-27 07:54 | Report Abuse

as the Rights already announced, just set aside a bit of money to subscribe the Rights.

wildkid

190 posts

Posted by wildkid > 2014-08-27 08:31 | Report Abuse

i plan to subscribe the right to leverage down the price which i hold...

Posted by Tan Yew Keong > 2014-08-27 09:56 | Report Abuse

how to subscribe?

madcow

526 posts

Posted by madcow > 2014-08-27 10:01 | Report Abuse

keeping the price at 0.30 will be good for the right issue price oso, no need to fork out more money

Posted by RichTrader999 > 2014-08-27 10:41 | Report Abuse

buy buy buy

Posted by vettel2020 > 2014-08-27 11:37 | Report Abuse

0.29 :), what is the TP of dropping

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 12:01 | Report Abuse

Wah why daya takde daya. Bad management?

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-27 12:52 | Report Abuse

GOOD NEWS!!

greenday

210 posts

Posted by greenday > 2014-08-27 12:56 | Report Abuse

Basic earnings per share - 0.34

newbird01

248 posts

Posted by newbird01 > 2014-08-27 13:31 | Report Abuse

good news....!!!!!

Steven Tan

393 posts

Posted by Steven Tan > 2014-08-27 13:44 | Report Abuse

But not moving one..

tlbeng

905 posts

Posted by tlbeng > 2014-08-27 13:50 | Report Abuse

it's release after 12.30, sure no movement la, let's see what happen after 2.30

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 13:57 | Report Abuse

Good news? Last time basic earnings per share 0.58, 0.96.......now only 0.34 zzzzz but luckily strong support at 0.295

speakup

27,014 posts

Posted by speakup > 2014-08-27 14:25 | Report Abuse

q-o-q is good. y-o-y is not so good.

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 14:26 | Report Abuse

Not going to hold for long term so y-o-y not important, only q-o-q. Forumers here were quite pessimistic about Daya's fundamentals before Financial Report was released. Hope people are more confident now.

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 14:32 | Report Abuse

Got show? O:

greenday

210 posts

Posted by greenday > 2014-08-27 14:34 | Report Abuse

yoy 0.41. keep lar.. left another 3 months..

helmi3112

23 posts

Posted by helmi3112 > 2014-08-27 15:20 | Report Abuse

for those who cant wait and patient go find another stock. this stock is quite slow but it will rise soon.

bluechip

338 posts

Posted by bluechip > 2014-08-27 15:42 | Report Abuse

Daya can perform...but the problem is they are still newbie in OnG sector...they dont have enough experience n fund to operate this sector...as Daya finalizing to focus on OnG sector they sold all unwanted division...they invest in Reach around 10%...if Reach can find contracts and make profit it will boost daya performance...some more...Daya oso already began operation in North Sea...it all depends on time...still in zeroing agreements and acquisition..by next year Daya will full gear in production....

speakup

27,014 posts

Posted by speakup > 2014-08-27 15:54 | Report Abuse

bluechip, Daya's invest in Reach only 1.7% (not 10%).

bluechip

338 posts

Posted by bluechip > 2014-08-27 15:55 | Report Abuse

sorry 10million units

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 16:02 | Report Abuse

speakup, what do you think about Daya now.

speakup

27,014 posts

Posted by speakup > 2014-08-27 16:23 | Report Abuse

pengwin, after the Rights, Daya's gearing will be 1.1x, which is huge! the other question is can Nathan grow Daya without Mazlin? if not, the gearing will eventually kill the company.

hard to say for now, wait for a couple of quarters after the Rights, and see the performance, whether their O&G venture pays off or not.

speakup

27,014 posts

Posted by speakup > 2014-08-27 16:24 | Report Abuse

more or less, after the Rights, Daya is in a DO or DIE situation. Only time will tell.

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 16:25 | Report Abuse

Have to hold for years? O:

speakup

27,014 posts

Posted by speakup > 2014-08-27 16:28 | Report Abuse

Nobody knows. I don't know either.

bursa1818

77 posts

Posted by bursa1818 > 2014-08-27 16:30 | Report Abuse

Penat..ooo

newbird01

248 posts

Posted by newbird01 > 2014-08-27 16:39 | Report Abuse

look like no mather what good news also cant help daya for now...

pengwin

1,707 posts

Posted by pengwin > 2014-08-27 16:44 | Report Abuse

wtf, acquisition of vessels and right issue -> price decline. Good financial report -> price decline. Why nobody want to believe Daya? Or is it someone playing games?

newbird01

248 posts

Posted by newbird01 > 2014-08-27 17:00 | Report Abuse

tomorrow will be better...god bless us....

bursa1818

77 posts

Posted by bursa1818 > 2014-08-27 17:18 | Report Abuse

Play games lh...the best winner

黄睦焜

91 posts

Posted by 黄睦焜 > 2014-08-27 17:46 | Report Abuse

it should hold above 0.27. technically should rebound to 0.33...

lalahuhuki

109 posts

Posted by lalahuhuki > 2014-08-27 18:01 | Report Abuse

believe chart is better XD

Posted by sapumalaysia > 2014-08-27 22:03 | Report Abuse

Q/Q Performance
1) Polymer segment - Consistent revenue at 5.9mil
2)Oil&gas segment - up 25% to 96mil (north sea project)
3) Technical services - big up 50% to 71mil

Q/Q and Y-to-Date revenue & business showing good but profit drop due to high operating expenses and set up cost of subsea business.

RI for 2 vessels. Director resigned and joined Reach. Many uncertainties due to arbitration case

Good counter or Dead counter ?

Posted by Canlaughdie > 2014-08-27 22:05 | Report Abuse

Daya Material berhad actual name is Buaya Material berhad

speakup

27,014 posts

Posted by speakup > 2014-08-28 07:48 | Report Abuse

Nathan Tham background is a banker. Wonder whether he can grow Daya without his technical sidekick Mazlin. Remember it was Mazlin who pushed Daya into the O&G sector.

Steven Tan

393 posts

Posted by Steven Tan > 2014-08-28 08:40 | Report Abuse

If not moving today, lepas lo.... cabut...

madcow

526 posts

Posted by madcow > 2014-08-28 09:30 | Report Abuse

It will not move up, maybe maintain the low price so that force Mazlin not to sell all his shareholdings now ?

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