PROPEL GLOBAL BERHAD

KLSE (MYR): PGB (0091)

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Last Price

0.115

Today's Change

0.00 (0.00%)

Day's Change

0.115 - 0.12

Trading Volume

15,100


30 people like this.

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

newbie91

396 posts

Posted by newbie91 > 2013-11-22 20:42 | Report Abuse

The upside risk is unlimited with limited downside risk as the support is strong at 0.36

Posted by smartklseguru > 2013-11-23 10:40 | Report Abuse

I see something that most of sellers don't see. I dump all my life saving into this counter and soon I will walking into bank to claim for condominium prize reward.

newbie91

396 posts

Posted by newbie91 > 2013-11-23 19:43 | Report Abuse

Haha. R u kiddding me?

Master

203 posts

Posted by Master > 2013-11-23 19:56 | Report Abuse

Agreed with guru good counter. However it may need time at least 6 to 9 months to up....

newbie91

396 posts

Posted by newbie91 > 2013-11-23 20:44 | Report Abuse

Any one able to calculate the net profit for that 3 vessel in yr 2014?

newbie91

396 posts

Posted by newbie91 > 2013-11-25 09:37 | Report Abuse

all penny stock gone up. just daya still not yet wake up...

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-25 12:33 | Report Abuse

Told will side way a while to absorb fund

Jerry

1,895 posts

Posted by Jerry > 2013-11-25 12:36 | Report Abuse

haha i already said, this shark will collect @0.360-0.370 1 or half cent lower from the support. Sometime it seems like no support at all at 0.360... but actually it's fake. They supporting very welll at 0.360. unless when it break 0.355... so if it goes to 0.350... yu gotta careful. 0.355 is ok.

newbie91

396 posts

Posted by newbie91 > 2013-11-25 12:54 | Report Abuse

Wat is mean by absorb fund? Just watch only? Kevin u say tuesday is the time?

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-25 13:46 | Report Abuse

If tmr not push means need to wait a little bit longer those shark and buaya not collect enough yet

newbie91

396 posts

Posted by newbie91 > 2013-11-25 14:10 | Report Abuse

u mean those big players who can affect the price?? so collect a bit 1st or wait?

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-25 14:12 | Report Abuse

Oo I thought u already collect if you havent then collect some if already then wait until the signal

newbie91

396 posts

Posted by newbie91 > 2013-11-25 14:32 | Report Abuse

i collected ad... but at very high price.. now is still making loss. wait for signal... all right. thanks.

Posted by jennylee1382 > 2013-11-25 22:33 | Report Abuse

kevin khoo when is the time for buy in and with what px

Posted by candlepower > 2013-11-25 22:50 | Report Abuse

the most critical thing is issuance of convertible loan stock. if daya issues convertible loan stock ,clearing 40 cts will not be a problem.people keep on buying daya because of potentail profit from convertible loan stock. the more daya goes up , the more you make from convertible loan stock. daya will spiral upwards because of this. How are they going to raise US 180M cash , by march 2014. Only through convertible loan stock, apart from borrowings.Announcement should be made before end of this year . Keep your fingers crossed. that's why I am still holding my 70-80% holdings.

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-26 08:47 | Report Abuse

erm seems heavy buy volume today on que

newbie91

396 posts

Posted by newbie91 > 2013-11-26 09:08 | Report Abuse

candle power, u buy at how much?

newbie91

396 posts

Posted by newbie91 > 2013-11-26 09:08 | Report Abuse

kevin, today seem like still no the time...

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-26 09:11 | Report Abuse

0.355 buy some collect a bit ^^

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-26 09:11 | Report Abuse

I major my money on EAH first haha

newbie91

396 posts

Posted by newbie91 > 2013-11-26 09:31 | Report Abuse

daya still not the time...collect collect...

newbie91

396 posts

Posted by newbie91 > 2013-11-26 10:06 | Report Abuse

damn low volume of daya today... something weird... either side ways or something happen?

Posted by candlepower > 2013-11-26 16:32 | Report Abuse

I bought at average , i think less than 0.21.

Posted by candlepower > 2013-11-26 16:49 | Report Abuse

i have loaded on Nova but not on Pw, accumulated a bit only because of high price at 0.70(but cheap). if u believe in the future of BIM, BUY NOVA. IF U believe in value , & that prices will equilibrite to their fair value,buy PW.if you want to bet on O&G growth stock,which has taken a pause but still trending,& share with me the idea that they will issue convertible loan stock, buy daya. I just sold my ytlpower-w at 0.725 to swap to Pw. Pw no movement & ytlpower-w now 0.82 . i only have a very small holding there,so does not really matter. i try not to miss on daya, so holding till now.Hope successful.

Posted by candlepower > 2013-11-26 16:58 | Report Abuse

i asked my family members to buy at 0.25. But none of them believe me. they say too slow, others up 5-10 cts, but daya up only 1-2cts & most of the time doesn't move even though big volume, & large contracts.

newbie91

396 posts

Posted by newbie91 > 2013-11-26 18:20 | Report Abuse

how long u hold? candle power

Posted by candlepower > 2013-11-26 21:05 | Report Abuse

@newbie about 1 year when it was trading between 20-23, occasionally drop below 20 then.

newbie91

396 posts

Posted by newbie91 > 2013-11-26 21:29 | Report Abuse

How to ne so patient?

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-27 09:13 | Report Abuse

On the move d...break yesterday high 0.365

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-27 09:18 | Report Abuse

If today stand on top 0.365

newbie91

396 posts

Posted by newbie91 > 2013-11-27 09:26 | Report Abuse

quite hard...drop bck again

sheep

3,850 posts

Posted by sheep > 2013-11-27 09:32 | Report Abuse

when rhb make coverage, time to sell

newbie91

396 posts

Posted by newbie91 > 2013-11-27 09:33 | Report Abuse

wat is mean by make coverage?

bull86

89 posts

Posted by bull86 > 2013-11-27 09:43 | Report Abuse

did you mean TP?

newbie91

396 posts

Posted by newbie91 > 2013-11-27 09:51 | Report Abuse

4 vessel in next year....impressive... try to look the latest analysis report by public bank

sheep

3,850 posts

Posted by sheep > 2013-11-27 10:09 | Report Abuse

Published: Thursday October 31, 2013 MYT 10:01:00 AM
Updated: Thursday October 31, 2013 MYT 10:02:42 AM
RHB Research initiates coverage on Daya, Buy call

KUALA LUMPUR: RHB Research has initiated coverage on Daya Materials with a Buy call and a fair value of 48 sen as the research house favours the group’s strong earnings growth and potential ownership of vessels to capture higher recurring earnings.

In a note on Thursday, it said despite a shift in focus to the O&G segment in 2007 from polymers and technical services, Daya has yet to receive the attention it deserves from the investment community.

“We believe this is due to the lack of a solid domestic track record. Locally, Daya has only been involved in the Tapis enhanced oil recovery (EOR) and Telok Gas Development projects,” it said.

RHB said a major milestone for Daya was when its subsidiary, Daya Offshore Construction (DOC), landed two long-term North Sea contracts from Technip totaling up to RM610mil in August this year.

“Management indicates that Daya intends to acquire stakes in the Siem Daya 1 (SD1) and Siem Daya 2 (SD2) offshore subsea construction vessels (OSCVs).

“If finalised, we are positive on the deal despite the group having to take on higher debt, as – assuming a 51% stake in a US$120mil vessel and 75% debt to total asset – we estimate Daya’s share of net profit at RM4.9mil per annum per vessel,” it said.

RHB said it expects expect Daya to achieve 65%, 27% and 6.8% earnings growth for financial years 2013, 2014 and 2015, mainly driven by its North Sea charter contract and higher orderbook recognition from offshore services.

Posted by candlepower > 2013-11-27 10:16 | Report Abuse

report from PBB new tp=0.45. Likely issue 100M convertible bonds/loan stock @1 for 1 or `1 for 2
at say 15-20 cts. Hold tight & wait for announcement. today volume & price picking up. if announcement is out & ex date is out, will spiral upwards.
http://klse.i3investor.com/servlets/ptres/19780.jsp

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-27 10:25 | Report Abuse

Is the time technical show gogogog

Posted by Eric Soh Siong > 2013-11-27 10:29 | Report Abuse

time begin

bull86

89 posts

Posted by bull86 > 2013-11-27 10:32 | Report Abuse

did i miss something..why suddenly fly?

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-27 10:34 | Report Abuse

Haha today public bank news help I think

Kevin Khoo

414 posts

Posted by Kevin Khoo > 2013-11-27 10:34 | Report Abuse

Confident coming back

Zeal Liew

40 posts

Posted by Zeal Liew > 2013-11-27 10:39 | Report Abuse

break the resistance 0.375(MA10),moving forward ^ uptrend as Public Bank IB research mention to TP:45 sen,good fundamental company and secure with many contract and new vessel opening

up_up_up

616 posts

Posted by up_up_up > 2013-11-27 10:45 | Report Abuse

This is company with good future, holding it with confidence.

tigerroar

542 posts

Posted by tigerroar > 2013-11-27 10:52 | Report Abuse

Yes, i have confidence in this counter too. Fasten your seatbelt!

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-11-27 12:02 | Report Abuse

strong rebound

Posted by candlepower > 2013-11-27 12:50 | Report Abuse

Apart from loan stock,charters & profits,another thing under the sleeve is Reach Energy listing. Being early investor hope to get say 1 for 20 rights issue to reach energy listing. that will also keep the momentum going.

Posted by bosstrader > 2013-11-27 13:20 | Report Abuse

why yesterday not up..haiizzsh..@#@@##%^^&

alex626my

20 posts

Posted by alex626my > 2013-11-27 13:32 | Report Abuse

win many loose some.....rule of the game..

newbie91

396 posts

Posted by newbie91 > 2013-11-27 13:39 | Report Abuse

candle power, convertible loan is issued to existing shareholder? i thought is issued to institutional investor.

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