A google on Kazariah Energy, Daya MOu company in kazasthan did not yield any results apart from kazariah empire.Kazariah is not just Daya's MOU company. It used to be the name of an old empire during the medieval ages covering central asia & eastern europe , between the Black Sea & Caspian sea,now kazasthan. As a note, I think Russia is currently one of the largest old producer(NG?,etc)which will soon be overtaken by US.if US become the largest oil producer, through their massive shale deposits, will the US market crash in the near future, NO! What i mean is, daya' days are coming!!
daya has tendered RM2 billion project in Malaysia and the director said is likely to be awarded in 2 months time. if this really come true, TP of 0.56 has to be re-rated again.
Kuala Lumpur 14 hearing) Daya Group Limited (DAYA, 0091, trade services group) is one of Bursa Malaysia stocks beyond the big city last year, the company's share price soared 116%.
The company now has orders for up to 15 billion ringgit, and may get more contracts and earnings record.
The company had obtained a charter from Norway two major contracts last year, and this year's expected earnings of these contracts can be achieved.
Based on consensus estimates, Daya Group as at December 31, 2013 fiscal year, the net profit expected to climb to 29 million ringgit (up 44%), 14 years of the fiscal year amounted to 43 million ringgit (up 47%), and 15 In the fiscal year amounted to 49 million ringgit (up 15%), which is the company owned 1.5 billion in orders from the ever-expanding fleet.
In the past 10 years, Daya Group has been focused on the oil and gas downstream business, to enter the field of offshore construction achievements until 2013.
Dayak offshore construction was established in 2012, Siem Daya 1 and Siem Daya 2 crane arrival, Daya Group is an inflection point.
Since last August 16 by Technip's Daya Group received a seven-year lease contract to provide a subsea construction vessels. The project will operate from 2014 100-175 days per year is estimated to be 200 million 50 million 40 million ringgit and 400 million ringgit worth.
Daya Group on September 3 last year, and then get another three-year contract from Technip hand, is estimated to be worth 100 million ringgit and 100 million 76 million ringgit.
The group at ending September 30 last year, nine-month results in its turnover up 110% to $ 300 million 73 million ringgit, while net profit rose 26.74% to are quite 18,900,000 ringgit.
However, Siem Daya 1 and Siem Daya 2 crane has been put into production, contributed by the first quarter of this year from the North Sea (North Sea) business for the company.
CIMB Group estimates Reach Energy Co., turnover should make to further enhance the Group's revenue Dayak, who has made an initial investment, the acquisition of assets overseas oil and gas industry.
Reach Energy Once approved for listing, it will become Malaysia's first four special purpose acquisition company.
Daya Group's earnings record breaking records, with 15 billion ringgit orders, have the potential to get a contract with the Norwegian national oil and Reach Energy listed but the company's catalyst.
Risks faced by the company is unable to fulfill its contract and supplementary orders, as well as the regional seas conventions in Malaysia face a fierce competition.
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kondohon,this kind of situation happend during private placement....market capitalization is small for Daya...we have to careful..if nt we will caught in the nett....
the private placement will going on till daya reach certain market capitalization...so the price adjustment b there... no problem in selling and accumulating... just sell half of my shares...the price surely come down to 0.38-0.39..so accumulate there...
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....
Kondohon
106 posts
Posted by Kondohon > 2014-01-13 20:55 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1505745