Mazlin still has a lot of shares in Daya. Big question is, is he still interested in Daya? If he is not, he will slowly dispose his holding. But if he is still interested, he will take up the Rights.
Daya - Disappointing Earnings Daya Materials (Daya) 1HFY14 revenue is within expectations, recording RM303.4m (+31.2% YTD YoY, +34.6% QoQ), but earnings was compressed to RM5.6m (-52.2% YTD YoY, +more than 100% QoQ) from prolonged higher operating expenses and set-up costs in the subsea business.
Frankly... its a bit hard now unless got ppl intentionally wana goreng... fundamentally price wwouldhave gone up aafter they announce their expansion plan n raising fund via market. ..caused it should have lifted confident level... but as they r already not performing so fundamental is not strong... who would wana risk? However petroleum related share mostly will lift in Nov n Dec... this is common according to people working in Petronas n Deleum. . They had annual meeting on company performance n the speaker told them so... i can't recall why. .but that is the fact. ..oh.. and also Ukraine war... does give an impact. ..sorry guy...if u r not contra.. then keep it. ..it will come back...
I am not sure about symphony, but personally If I have a pool of fund to put it between nexgram n Sypmphny, I will pick Nexgram, why? cause nexgram, Revenue and earning are consistently good... Symphny, they stop giving dividend in year 2010, revenue downtrend, earning some quarter good some is good.. that would give u an idea... O.O! Money hard to earn... dont take risk lo... else go genting better... haha...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
madcow
526 posts
Posted by madcow > 2014-08-28 09:30 | Report Abuse
Mazlin has resigned as non executive director as well, so will he take up the right issue ?