Gentlemen, new faces means new bloods as the old tatgiap management team are more interested in getting the fat salary as Directors instead of rewarding the share holders by making profit and distribute dividends ,now you see , the share price is stabilized at 9.5 sens which is a good sign where as other listed company shares are like roller coaster due to speculative nature.
Based on circular on the proposed variation, they mentioned on additional 4 LOA, on top of 6 LOA that have been awarded to DSPI. This has brought the contract value to RM85 million from RM77 million, previously. The shareholder has also indicated more subcontracting works to be awarded to DSPI in immediate future, indicating that they are building DSPI capacities and capability to tender more jobs in future.
The management is also proactive in bringing down the borrowings, as observed from the balance sheet, to allow them to gear up for future job. Strong balance sheet would give confidence to client for awarding jobs, as seen in Kerjaya Prospek. Being in oil & gas downstream construction, is a plus point for Dynciate, as the nature of job is niche and only competent contractor would be selected.
Gentlemen, these are positive news for Dynacia and being a Bursa listed company, more Oil & Gas contracts will be awarded to them in the near future and as can be seen by the share price of Kerjaya Prospek from a low of 65 sens at 2014 to a high of RM 1.90 at 2018 with non stop yearly dividends pay out. This good things will happen to Dynacia provided the market is convinced Dynacia management is working towards a better future to rewards the company share holders.
The insider park queue at 0.09 to swallow panic retailers before he push up prices. They also feel the greed to collect around 9 cents. For those have the heart and patience, need to simply wait until the big push
PlsHelpMe, it’s ok la. Just need to wait longer. Will it never go back beyond 0.1, I’d doubt it. am sure it will someday. Let’s see if EGM sets the motion
Q3's report in May should see a drastic difference in revenue and profits...It will be Dynaciate's performance, Tatgiap is history....first few QRs should impress investors....like Hengyuan when they took over Shell.
Gentlemen, pls be reminded on last year 9th of November 2018, Dynaciate Engineering bought 22 millions share of Tatgiap Grp (12.95 %) at 31 sens per shares in order to take over the company and proposed to change the name to presently Dynacia Grp and also planned to inject the Dynaciate Grp assets into the new company (back door listing). Now everybody have the chance to buy it around 9 - 9.5 sens which is very cheap compare to the price that Dynaciate Engineering initially bought at 31 sens last year at a premium of 70 % to the present share price , is that a wonderful news for the market retailers or public to buy it at a big discount !!!!!
Gentlemen, pls note that the total shares of Dynacia now stand at 410 millions shares compares to the total shares of previous Tatgiap of 170 millions shares before issued ICPS / warrants for fund raising exercise (40 millions cash). It only means that around 240 millions new shares were already converted from the ICPS / warrants which itself are more than the initial issue of 170 millions. This is evidence of confident which so many conversions were carried out even though they can wait until the year 2023 but the buyers of ICPS / Warrants holders decided to convert now in order to make more profit or increase their stock holdings of Dynacia, it is for what purpose , your can only guess..................until the truth comes out soon................
tampoi... agree with u... could be different party or same party.. just to create volume.. left hand to right hand.. broker fee is nothing for them.. or maybe.. something big coming up and somebody smell it earlier and taking advantage of the low price..
i think some of old tatgiap share owners do that...sell the share at lowest price to push down the price..you know "if i lose, you ahould lose too" hahaha
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....
oskchoon
3,186 posts
Posted by oskchoon > 2019-03-12 09:32 | Report Abuse
Gentlemen, new faces means new bloods as the old tatgiap management team are more interested in getting the fat salary as Directors instead of rewarding the share holders by making profit and distribute dividends ,now you see , the share price is stabilized at 9.5 sens which is a good sign where as other listed company shares are like roller coaster due to speculative nature.