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

joel

4,580 posts

Posted by joel > 2014-03-16 08:39 | Report Abuse

why some OG campanies giv Share Split or Bonus Issue?

Bcos wanna to make their share to more enhance the liquidity and marketability.


Like :
1. DAYANG
2. YINSON ( will share split soon, rite ? )
3. Uzma ( will share split soon, rite ? )
4. Deleum ( will bonus issue & share split soon, rite ? )
5. Dsonic ( but not OG campany la )

selamba

478 posts

Posted by selamba > 2014-03-17 09:26 | Report Abuse

so far so good to buy brooo

Heilong

38 posts

Posted by Heilong > 2014-03-17 10:41 | Report Abuse

150bn or 15bn ?

Posted by smallvestor > 2014-03-17 11:07 | Report Abuse

The Edge thinks it is still a good buy.

Bobby31

585 posts

Posted by Bobby31 > 2014-03-17 12:51 | Report Abuse

this is deffinately a good to buy

selamba

478 posts

Posted by selamba > 2014-03-17 12:55 | Report Abuse

offer sale this counter

Joel

4,580 posts

Posted by Joel > 2014-03-17 14:11 | Report Abuse

correct la rm150bn OG contracts / capex still not award yet.

Total is RM3000 亿 OG capex = RM300bn OG capex.

Now already Half of it is awarded.

Posted by John_Revolver > 2014-03-17 14:23 | Report Abuse

Beware the Ides of March!

morivae

443 posts

Posted by morivae > 2014-03-17 15:46 | Report Abuse

Hmm....since haven't finish collecting? They should accumulated a lot at this current price.... Once consolidation is done, then only can see the uptrend....

Posted by winston_nct > 2014-03-17 20:42 | Report Abuse

what happen last quarter loss?

tlbeng

905 posts

Posted by tlbeng > 2014-03-18 00:59 | Report Abuse

last quarter cost overrun in O&G sector which caused the annual profit from Gain to Lose. Should be a one time issue. IMO, i think this stock will need around 2Q to restore to 40cents and above, losing money at the beginning for business expanding isn't really a bad thing.

Joel

4,580 posts

Posted by Joel > 2014-03-18 21:58 | Report Abuse

yes, agreed with tlbeng.
I really dunno why panic selling in Daya.
I keep 50 lots at rm0.40.
My remisier adviced me to told. Dun sell when panic selling are happening.
That is not the way to invest in stock market.

member41

3,718 posts

Posted by member41 > 2014-03-18 22:38 | Report Abuse

The Board of Directors of DMB wishes to announce that the Company and Daya Offshore Construction Sdn Bhd (“DOC”), a wholly owned subsidiary of the Company, have been named as defendants in a civil suit filed by Mark Leonard Midgley (British Passport No.: 500539048) (“Plaintiff”), the former Chief Executive Officer and Director of DOC, in the High Court of Malaya at Kuala Lumpur.

The Company had been notified by their lawyers on 18 March 2014 of the said lawyers’ receipt in the evening of 17 March 2014, of a letter dated 17 March 2014 from Messrs. Trevor George Partnership, the Plaintiff’s lawyers, together with a copy of the sealed Writ of Summons and Statement of Claim also dated 17 March 2014 (“the Suit”).

In the Suit, the Plaintiff is claiming that the Company had allegedly breached a Shareholders Agreement dated 30 April 2013 (“Shareholders Agreement”) in relation to DOC and the Plaintiff is claiming for inter alia a Declaration to that effect, valuation of the shares in DOC, damages and an injunction to restrain breach or further breach of the Shareholders Agreement.

The Company and DOC denies the allegations and have instructed solicitors to vigorously challenge and defend the Suit.

At this juncture, the Company is unable to determine if the claim has any reasonably foreseeable materially adverse financial and operational impact on the Company. The Company is seeking legal advice from its solicitors and will make the necessary announcements as and when there are material developments in this case.

This announcement is dated 18 March 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1569641

morivae

443 posts

Posted by morivae > 2014-03-19 13:00 | Report Abuse

Damn, so many roadblock from 0.33-0.35......

kengfp

484 posts

Posted by kengfp > 2014-03-19 14:05 | Report Abuse

morivae....slowly go steady, everyday half cent up is enough. If my insider info is accurate, the share price will be back to 0.4x very soon. cheers and happy trading. :)

Bobby31

585 posts

Posted by Bobby31 > 2014-03-19 14:26 | Report Abuse

dun worry life without roadblock is boring >>>>when have fun if one party only having fun boring sotonglah

morivae

443 posts

Posted by morivae > 2014-03-19 15:03 | Report Abuse

Haha, just got impatient when looking at dsonic and HLcap can grow so fast....jealousy strike!

daryltkt

675 posts

Posted by daryltkt > 2014-03-19 16:28 | Report Abuse

Morivae-be patient and you will reap the rewards.I bought Datasonic when it was 0.29 and held on.I am also holding on to Daya and wait.I am sure Daya will fly.

Bobby31

585 posts

Posted by Bobby31 > 2014-03-19 16:31 | Report Abuse

daya when it get hot ....it wil not only fly it will karmasutra You up

Posted by workworkwork > 2014-03-19 17:42 | Report Abuse

Legal case....

neemdom

178 posts

Posted by neemdom > 2014-03-19 19:02 | Report Abuse

only those losing money talk with confident for their counter,hoping it will go upo

daryltkt

675 posts

Posted by daryltkt > 2014-03-19 19:25 | Report Abuse

Neemdom-i bought this counter when it was stuck at 0.20 and I am sure candlepower also bought at that price.at that time I was already very confident of Daya and hold until now.its not those who are losing money hopes for it to go up.when the price drops,one can always average down.

neemdom

178 posts

Posted by neemdom > 2014-03-19 22:06 | Report Abuse

not bad more than 50% gain in a year

hksoon

181 posts

Posted by hksoon > 2014-03-19 22:16 | Report Abuse

What is the entry point for DAYA ?

daryltkt

675 posts

Posted by daryltkt > 2014-03-19 22:30 | Report Abuse

At current price one can enter but this depend on one's own knowledge rgd Daya and also the confidence level.If not confidence then do not enter as it might take a fee months of holding.

tlbeng

905 posts

Posted by tlbeng > 2014-03-20 00:26 | Report Abuse

http://finance.zacks.com/lawsuits-affect-stock-prices-10130.html

try get some at 0.32~0.325 if possible. part of Daya's contract are sub from Sapura Kencana, which the vice president is this guy --> http://www.sapurakencana.com/page/bod_view/7/15

Daya is like a small fish getting his food from SKPetro this big fish.

And also, if you check the share holding info, some of the investment fund company entered at the price of 0.38, that's why I'm confident that this stock will eventually go back to 40cents :)

cmlooi

465 posts

Posted by cmlooi > 2014-03-20 19:31 | Report Abuse

Definitely not a good time to enter.

wildkid

190 posts

Posted by wildkid > 2014-03-20 22:18 | Report Abuse

Why?

balvin71

1,154 posts

Posted by balvin71 > 2014-03-21 08:08 | Report Abuse

Just read the announcement of the lawsuit. Does anyone know what is the upper limit of the award if the case does not go in their favour? Normally, Mat Salleh won't sue unless they know their case is strong or they can 'pusing' into their favour.

Posted by Insider61 > 2014-03-21 22:03 | Report Abuse

Wonder who will run the show for daya offshore after the CEO court case. Norway one of the highest cost in world.
2 vessels will sink daya completely.

Posted by Insider61 > 2014-03-21 22:08 | Report Abuse

Daya only good in goreng story. Look at the world report everyone is having tough times & banks force sell the OSV vessells. Daya is buying vesells! What is so good about daya ? Directors only goreng share.

500plus

37 posts

Posted by 500plus > 2014-03-22 16:01 | Report Abuse

The expatriate CEO of daya offshore construction is suing his own company for breach of shareholder's agreement. I am scratching my head. I am afraid this Mark Midgley guy is a goner. He can leave the company as far as I am concerned. What is important is the contract from Technip stays and Dato Mahzlin will laugh all the way to the bank with his fistful of norwegian krone. Yes, the price is depressed but it is caused by the big fish trying to shake out the small fries. Believe me, the Norway sovereign fund will be accumulating at this price. The quarterly loss will be an one off event. The order book from Technip stays, brah! My personal TP RM 0.60.

Posted by valueinvestor > 2014-03-23 15:26 | Report Abuse

http://klse.i3investor.com/servlets/ptres/21892.jsp
The company failed to deliver good result last year after having impressed so many research houses and minority shareholders. Now the company might not have good Qtr 1 result in 2014 as per the research report.
So, can its entire FY2014 result be better than 2012 result (RM20mil net profit) when the counter was trading mostly around 20 sen with that kind earning?
If there are uncertainties or difficulties to predict its future profitability, why not switch to companies with clearer earning visibility?
If it has to undertake the massive fund raising exercise to raise RM950 mil, it may also mean that its EPS may go down. So, can the 2014 EPS justify the price to move higher? Aren't there better O&G counters in Bursa?
I would not invest hard earned money in companies with plenty of uncertainties. Just my 2 sens though

selamba

478 posts

Posted by selamba > 2014-03-23 17:04 | Report Abuse

MURAH2 BELI LAGI BRO

klugman

600 posts

Posted by klugman > 2014-03-24 00:24 | Report Abuse

selamba, murah tetapi boleh lagi murah

Posted by kongfeifan86 > 2014-03-24 11:10 | Report Abuse

can enter?

Kukuman

2,118 posts

Posted by Kukuman > 2014-03-24 11:12 | Report Abuse

what answer u want?

pzul

1,451 posts

Posted by pzul > 2014-03-24 12:01 | Report Abuse

daya in future? please advice..

13132323

112 posts

Posted by 13132323 > 2014-03-24 14:20 | Report Abuse

Buy or throw ?

pzul

1,451 posts

Posted by pzul > 2014-03-24 15:07 | Report Abuse

I plan want to buy.. but nit sure yet.. any advise? I donr mind negatif or positif..thanks..

Joel

4,580 posts

Posted by Joel > 2014-03-24 15:15 | Report Abuse

the current price may enter.

Posted by smartklseguru > 2014-03-24 15:15 | Report Abuse

Price already stablized base on chart. It will cover the gap 0.385-0.405 and next target will be much higher than expected.

kengfp

484 posts

Posted by kengfp > 2014-03-24 15:37 | Report Abuse

power up~~~

pzul

1,451 posts

Posted by pzul > 2014-03-24 15:39 | Report Abuse

I appriciate the advise.. im looking the potential counter.. hope not for goreng2..

pzul

1,451 posts

Posted by pzul > 2014-03-24 15:52 | Report Abuse

Wah.. impresive.. just got 0.33..

Joel

4,580 posts

Posted by Joel > 2014-03-24 15:58 | Report Abuse

Daya is up!!
may be like Insas one day.

morivae

443 posts

Posted by morivae > 2014-03-24 15:59 | Report Abuse

Daya is clearing off the roadblock bit by bit, strong support around 0.32 - 0.325. 0.355 by end of the month is achievable.

KIMI06

206 posts

Posted by KIMI06 > 2014-03-24 16:57 | Report Abuse

terbaiikkkkk....

morivae

443 posts

Posted by morivae > 2014-03-24 17:38 | Report Abuse

Let's see if tmr the uptrend going to continue as technically most of the time the it would drop back due to minor profit taking activities for this counter...otherwise expect some run-up...

KIMI06

206 posts

Posted by KIMI06 > 2014-03-24 18:13 | Report Abuse

chart looks already change to up trend....wait n see

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