DAYANG ENTERPRISE HOLDINGS BHD

KLSE (MYR): DAYANG (5141)

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Last Price

2.20

Today's Change

+0.01 (0.46%)

Day's Change

2.16 - 2.24

Trading Volume

2,651,100


27 people like this.

37,411 comment(s). Last comment by DreamSorcerer 2 weeks ago

BaconGuest

675 posts

Posted by BaconGuest > 2020-04-13 10:28 | Report Abuse

kyy really irrelevant nowadays no wonder big loser in stock markets henguyuan jaks now dayang

IronShirt

3,178 posts

Posted by IronShirt > 2020-04-13 11:13 | Report Abuse

Last call to switch Horse to Jaks-----Everybody here are Fair weather Investor, no yKK's Flag they all cabut via the back door

Posted by edwardchow > 2020-04-13 11:13 | Report Abuse

Some big shot made funny comments, may cause alot panic selling, then these guys can collect at lower price

uncle ykk

575 posts

Posted by uncle ykk > 2020-04-13 11:29 | Report Abuse

Go go go Dayang. No more big seller like Tan Sri

TOP WIN

299 posts

Posted by TOP WIN > 2020-04-13 11:30 | Report Abuse

Based on price chart (Kyy 老师讲的话 )

The above Dayang price chart shows that it has dropped from Rm 2.95 to the lowest of 76 sen and rebounded quite rapidly. Unfortunately, it has been dropping in the last few days which indicates that the trend reversal is not sustainable. If you just based on price chart, it is not safe to buy Dayang at this price level.

Based on fundamentals

Let us examine the basic fundamentals concerning Dayang’s business. Due to the shutdown of all the major cities around the world, air flights, railways and motor vehicles movement are restricted. As a result, the demand for oil will be greatly reduced. Petronas has already announced that the company has shut down a few of its oil rigs which will affect Dayang’s future revenue and profit.

As you know, all the major cities are shutdown, more people are using face masks when they go out and people are practising social distancing seriously. I believe Covid 19 pandemic will be over in a few months. Until all the people are free to move about, the demand for oil will remained bleak.

I have sold all my shares even at a loss. I will only start buying Dayang again when its price chart is showing a definite up trend and the oil price recovers to a more reasonable level so that Petronas will increase its operation

benyeoh59

32 posts

Posted by benyeoh59 > 2020-04-13 11:37 | Report Abuse

Ya, Kyy irrelevant, price holding

Mabel

24,171 posts

Posted by Mabel > 2020-04-13 11:57 | Report Abuse

Yawn.....

How come no one took my baits?

Let's hope that will happens before my hairs turns from Blonde to White...

Meow..

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:02 | Report Abuse

jump jump jump jump jump uppppppp

karen koh

990 posts

Posted by karen koh > 2020-04-13 12:06 | Report Abuse

Mabel u are a joker

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:14 | Report Abuse

jump jump jump jump ....up.....up...up....

Mabel

24,171 posts

Posted by Mabel > 2020-04-13 12:15 | Report Abuse

Meow Karen :)

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:15 | Report Abuse

lai lai lai place your chip ??? big or small....

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:19 | Report Abuse

dayang are you ready ....pecah bumbung 1.50

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:20 | Report Abuse

dayang are you ready ....pecah bumbung 1.50 SAPU SAPU SAPU

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:23 | Report Abuse

you will follow me .....

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 12:28 | Report Abuse

la ta li la tam pung ---> big

uncle ykk

575 posts

Posted by uncle ykk > 2020-04-13 12:28 | Report Abuse

Pecah bumbung pecah langit

Kancil4848

132 posts

Posted by Kancil4848 > 2020-04-13 13:04 | Report Abuse

Golden finger left the scene
Slowly volume and desires gone
Hint is given at Glove Mart
Move on Or left behind

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 13:59 | Report Abuse

Give me IIIII

Booyeah

365 posts

Posted by Booyeah > 2020-04-13 14:01 | Report Abuse

news out. sell

KWAP

109 posts

Posted by KWAP > 2020-04-13 14:08 | Report Abuse

40 sen buy back.

Sonnykwaeh

770 posts

Posted by Sonnykwaeh > 2020-04-13 14:08 | Report Abuse

crazy

Sonnykwaeh

770 posts

Posted by Sonnykwaeh > 2020-04-13 14:27 | Report Abuse

GOOD news oil & Gas counter .mexico confirm cut down production latest news .one hour ago oil price UP 8-10%

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-04-13 14:45 | Report Abuse

Aiya..can buy d

foo

168 posts

Posted by foo > 2020-04-13 15:14 | Report Abuse

Which companies on Bursa have high cash and low debt
KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days.
The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn.
Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink.
Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities.
Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies.
Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion.
Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data.
It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap.
A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development.
Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements.
On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers.
Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd.
As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers.
There are also lesser-known small-cap companies that are cash-rich with sturdy past operations.
As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown.
The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-04-13 15:17 | Report Abuse

1.23 I want buy.. hahaha

paktua73

18,338 posts

Posted by paktua73 > 2020-04-13 15:21 | Report Abuse

paktua estimated today red wave will try to break 1.20 if got enough power..

let kira-kira..

today red wave base on =1.30
support standard phase = s1= 1.20
1-1.30-200/20/100=1.20


tut tut
let see..

CITADEL

1,867 posts

Posted by CITADEL > 2020-04-13 15:21 | Report Abuse

boom!! mari mari !!!

investopology

1,979 posts

Posted by investopology > 2020-04-13 15:22 | Report Abuse

yes... good luck for those who still put on hope on this dayang.

uncle ykk

575 posts

Posted by uncle ykk > 2020-04-13 15:23 | Report Abuse

Go go go

Sonnykwaeh

770 posts

Posted by Sonnykwaeh > 2020-04-13 15:27 | Report Abuse

SELL DAYANG AND GO INTO PRESBHD sure win money

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 15:28 | Report Abuse

dayang ................sapu...sapu...sapu

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 15:30 | Report Abuse

operation pecah bumbung start....

investopology

1,979 posts

Posted by investopology > 2020-04-13 15:31 | Report Abuse

stingray.. dun misleading ppl here. are you stuck at very high price is it? uncle koon already sold... wont be good now.

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 15:31 | Report Abuse

dayang go go go

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 15:35 | Report Abuse

jangan tunggu lama-lama, US oil emergency button trigger.... Uptrend confirmed..

IronShirt

3,178 posts

Posted by IronShirt > 2020-04-13 15:37 | Report Abuse

take taxi --lah, horse already dead

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 15:40 | Report Abuse

You will love me ,hate me and follow me .

Stingray_ea see thru market maker heart, sit on their head & remove their oxygen...

Stingray_ea act above and far beyond Super Trader. Free tips for all i3 user.

pm me for special request ...

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-04-13 15:44 | Report Abuse

To all I3 buyer;
https://www.youtube.com/watch?v=BA7fdSkp8ds

paktua73

18,338 posts

Posted by paktua73 > 2020-04-13 15:49 | Report Abuse

prof gila dr paktua love kira kria

let kira-kira..

today red wave base on =1.30
psychology support = 1.22
1-1.30-160/20/100=1.22
if break 1.22 say hai hai below 1.18


tut tut
let see..

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-04-13 15:52 | Report Abuse

Dis best chance kaya raya.. takut don't buy la.

Sonnykwaeh

770 posts

Posted by Sonnykwaeh > 2020-04-13 15:52 | Report Abuse

polis block MCO

bojed

5,064 posts

Posted by bojed > 2020-04-13 16:03 | Report Abuse

Paktua: tak payah kira-kira. Kita duduk goyang kaki saja.

Kaunter merah tapi on paper hijau hahahaha

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-04-13 16:06 | Report Abuse

Evendoor big oil producer cut output.. Still no demand during worldwide Mco.. Expected brent crude usd25 wti usd18

paktua73

18,338 posts

Posted by paktua73 > 2020-04-13 16:10 | Report Abuse

hahaha agree bojed..

paktua nak bagi sycho skit..
bagi kacau minda..
alaa keliru or still focus..
paktua rasa..payah nak break 1.20
base on momentum today..
estimated close at 1.25

base on 1.25 tomorrow will
psycho pattern wave +-/60
1.23-1.28
theee thee..


tut tut
jiwaaaa kacauuuu

mamatede

3,950 posts

Posted by mamatede > 2020-04-13 16:10 | Report Abuse

who going to collect this trash. in the near 10 years, what growth prospect they have? Still provide manpower and construction services to Petronas and other client? Oil and gas is dying, yet this company cant event innovate, probably venture to downstream refinery, or even tech...

LeslieGoh

1,410 posts

Posted by LeslieGoh > 2020-04-13 16:11 | Report Abuse

Don't say KYY didn't mention prior to he gradually disposal/ sold out...

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-13 16:13 | Report Abuse

what is dayang? dayang is a glorified employment agency.................

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-04-13 16:14 | Report Abuse

Very happy dapat many at 1.23.. will continue add..

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