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

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-21 21:03 | Report Abuse

2mrw is 22nd August 2014...memorable day^^

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-21 21:08 | Report Abuse

Quarter results expecting no good, run before release

Posted by Edmund investor > 2014-08-21 21:57 | Report Abuse

Results should good. No worry

s12456

297 posts

Posted by s12456 > 2014-08-22 07:28 | Report Abuse

Daya follow trend

speakup

27,014 posts

Posted by speakup > 2014-08-22 07:41 | Report Abuse

Dato Mazlin just appointed Executive Director of Reach Energy. Now we know why he selling Daya.

abuiqbal

15 posts

Posted by abuiqbal > 2014-08-22 08:11 | Report Abuse

Daya apa cerita

madcow

526 posts

Posted by madcow > 2014-08-22 09:11 | Report Abuse

Reach's management also all from Daya, and he suppose to be the unhappy party in Daya but not joined Reach pulak ? Really cannot see what their game here

abuiqbal

15 posts

Posted by abuiqbal > 2014-08-22 09:35 | Report Abuse

Ada chance nak berdaya naik ke masa terdekat ni

zaini014

42 posts

Posted by zaini014 > 2014-08-22 09:41 | Report Abuse

daya's fundamental sucks. if reach go up, so will daya.

mwong3

221 posts

Posted by mwong3 > 2014-08-22 11:41 | Report Abuse

Big MAN collecting the stock at 0.305 to 0.310.... looking at the big picture it is consolidation for next move... force selling is over and now is the time to buy buy and buy...I was in 200 lots on 0.310. will collecting more and throw it to me if you don't want !!!

sn2k

13 posts

Posted by sn2k > 2014-08-22 11:42 | Report Abuse

Analysts say q2 result shud b in black, better than q1?

mwong3

221 posts

Posted by mwong3 > 2014-08-22 11:59 | Report Abuse

when the results will out ?

sn2k

13 posts

Posted by sn2k > 2014-08-22 12:31 | Report Abuse

Normally before end of the month. That is by next week.

Posted by Kai Shien Ks > 2014-08-22 13:31 | Report Abuse

Daya suspended? hmmmm

bursa1818

77 posts

Posted by bursa1818 > 2014-08-22 13:32 | Report Abuse

Why

yipgusing

483 posts

Posted by yipgusing > 2014-08-22 13:47 | Report Abuse

good news la .. what else ... hahaha

pengwin

1,707 posts

Posted by pengwin > 2014-08-22 13:52 | Report Abuse

???? suspended?

wanshare

196 posts

Posted by wanshare > 2014-08-22 14:10 | Report Abuse

New chairman/president appointed? Guessing only.

kt99

404 posts

Posted by kt99 > 2014-08-22 14:16 | Report Abuse

Wish can push up lo

speakup

27,014 posts

Posted by speakup > 2014-08-22 14:19 | Report Abuse

suspended either good news or bad news.
maybe suspended for new contract?
maybe suspended for results?
maybe suspended for dato Mazlin resigning?

Posted by want2invest > 2014-08-22 14:21 | Report Abuse

The Company is expected to undertake a very substantial acquisition as well as fund raising exercise to part finance the said acquisition.



Pursuant to Paragraph 3.1(a) of Practice Note 2 of the Listing Requirements, the Company has requested for a suspension in the trading of its shares from 2:30 p.m. on 22 August 2014.

Posted by smallvestor > 2014-08-22 14:24 | Report Abuse

According to KLSE announcement, "The Company is expected to undertake a very substantial acquisition as well as fund raising exercise to part finance the said acquisition". So quite good news but downside may have to ask you for money so there may be a sell down. So Buy and keep long long or Sell and Run quick quick!!!!

Posted by Cool Edison > 2014-08-22 14:34 | Report Abuse

will it affected REACH ?

speakup

27,014 posts

Posted by speakup > 2014-08-22 14:38 | Report Abuse

fund raising = rights issue?

speakup

27,014 posts

Posted by speakup > 2014-08-22 14:40 | Report Abuse

no effect to Reach

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-08-22 14:43 | Report Abuse

what's happening?

Posted by newbie2013 > 2014-08-22 14:43 | Report Abuse

daya suspended??? anyone has any update??

spy008

177 posts

Posted by spy008 > 2014-08-22 15:01 | Report Abuse

Based on RHB RESEARCH - Date: 03/03/2014
"Daya Materials - FY13 Dragged Down By One-Off Event"


Making amends by 2Q14. 1Q14 will not see significant improvements from 4Q13, but we expect the situation to turnaround by 2Q14. Both DAYA’s vessels – Siam Daya 1 (SD1) and Siem Daya 2 (SD2) – have been deployed to the North Sea and will contribute throughout the entire 2Q14. This has been taken into account in our FY14/15 forecasts. We understand from management that it is also in talks with Technip Norge for the charter of a third similar vessel.

tlbeng

905 posts

Posted by tlbeng > 2014-08-22 15:41 | Report Abuse

probably getting a SD3

Newbie79

152 posts

Posted by Newbie79 > 2014-08-22 16:08 | Report Abuse

will go up soon if its really happened on the 2Q14....next week masuk 0.40

陈冠江

46 posts

Posted by 陈冠江 > 2014-08-22 16:09 | Report Abuse

newbie79 i hope so~

omgboy

60 posts

Posted by omgboy > 2014-08-22 16:17 | Report Abuse

suspend buat apeeeeeeeee ni

陈冠江

46 posts

Posted by 陈冠江 > 2014-08-22 16:19 | Report Abuse

acquisition fund raising

Newbie79

152 posts

Posted by Newbie79 > 2014-08-22 16:34 | Report Abuse

fingers cross...n hope for the best...

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-08-22 16:45 | Report Abuse

Modayno chance buy lower?

madcow

526 posts

Posted by madcow > 2014-08-22 16:47 | Report Abuse

kasi terbang daya share price after this

Posted by Edmund investor > 2014-08-22 18:05 | Report Abuse

Good business needs funding. Good news needs higher target price. Tp 1.00

FX Lee

5,194 posts

Posted by FX Lee > 2014-08-22 18:08 | Report Abuse

冷眼 分享 - 知彼知己 百战不殆

要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。

http://tw.gigacircle.com/1722914-1


....

madcow

526 posts

Posted by madcow > 2014-08-22 18:21 | Report Abuse

so now we know what is their game, lower the price for right issue
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1718229

FX Lee

5,194 posts

Posted by FX Lee > 2014-08-22 18:21 | Report Abuse

DAYA MATERIALS BERHAD (“DMB” OR “COMPANY”)

(I) PROPOSED ACQUISITION OF “SIEM DAYA 1”
(II) PROPOSED ACQUISITION OF “SIEM DAYA 2”
(III) PROPOSED PLACEMENT
(IV) PROPOSED RIGHTS ISSUE
(V) PROPOSED BONDS ISSUE
(VI) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

FX Lee

5,194 posts

Posted by FX Lee > 2014-08-22 18:22 | Report Abuse

On behalf of the Board of Directors of DMB (“Board”), Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that DMB had on 22 August 2014 entered into two (2) memoranda of agreement with Siem Offshore Rederi AS (“SORA”) for DMB or its nominee company to acquire the following vessels:

a Dynamic Positioning Class 2 (“DP2”) offshore subsea construction vessel known as “Siem Daya 1” for a cash consideration of USD140.0 million (equivalent to approximately RM444.1 million); and



a second DP2 offshore subsea construction vessel known as “Siem Daya 2” for a cash consideration of USD140.0 million (equivalent to approximately RM444.1 million) and an additional USD2.3 million (equivalent to approximately RM7.3 million) for a 50 metric tonnes active heave compensation 3,000 metres crane.


DMB had also agreed with SORA vide a letter dated 22 August 2014 in relation to the additional terms for the purchase of the said vessels.


In addition, on behalf of the Board, HLIB wishes to announce that DMB is undertaking the following proposals:


placement of up to 25% of the issued and paid-up share capital of the Company;



renounceable rights issue of new ordinary shares of RM0.10 each in DMB (“DMB Shares”) together with free detachable warrants to raise gross proceeds of up to RM230,000,000 before the exercise of warrants;



issuance of seven (7)-year redeemable convertible secured bonds of up to RM120,000,000 nominal value; and



increase in the authorised share capital of DMB from RM200,000,000 comprising 2,000,000,000 DMB Shares to RM500,000,000 comprising 5,000,000,000 DMB Shares and the subsequent amendments to the Company’s Memorandum and Articles of Association.

Posted by Edmund investor > 2014-08-22 18:50 | Report Abuse

The rights cost 10 cent only?

Posted by patrickkang > 2014-08-22 18:55 | Report Abuse

I'm is new guy....can u all tell me the right issue is good or not good..

Posted by Edmund investor > 2014-08-22 19:03 | Report Abuse

1 for 1 at 0.10 or 1.5 for 1 at 0.10?

wanshare

196 posts

Posted by wanshare > 2014-08-22 19:13 | Report Abuse

The rights price has not been determined yet. It will most probably be announced much later.

黄睦焜

91 posts

Posted by 黄睦焜 > 2014-08-22 20:02 | Report Abuse

It will go up ? good news for the company ?

Posted by Edmund investor > 2014-08-22 20:14 | Report Abuse

If the right issue is cheap than is good news otherwise investor will not subscribe. But warrant seems attractive & acquisition also good news

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