DPS RESOURCES BHD

KLSE (MYR): DPS (7198)

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Last Price

0.52

Today's Change

0.00 (0.00%)

Day's Change

0.52 - 0.525

Trading Volume

879,200


24 people like this.

20,422 comment(s). Last comment by LY Hoh 1 month ago

IronShirt

3,178 posts

Posted by IronShirt > 2016-12-07 21:52 | Report Abuse

I was in a case before that Federal Court accept High Court's award and no further appeal
can be initiated

JJchan

7,182 posts

Posted by JJchan > 2016-12-07 21:58 | Report Abuse

You cannot reassessment a "reassessment" unless there is wrong doing----by who? The Judge

JJchan

7,182 posts

Posted by JJchan > 2016-12-07 22:42 | Report Abuse

And furthermore, if Federal Court rejected Dps application --it also means MSIQ cannot appeal
to Federal Court for the same matter if MSIQ refused to accept High Court reassessment on 23 Jan 2017

Hein

926 posts

Posted by Hein > 2016-12-08 10:49 | Report Abuse

TQVM! Hopefully our long wait is worth.

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-12-08 10:59 | Report Abuse

up 0.01 cts later drop another 0.01 cts

JJchan

7,182 posts

Posted by JJchan > 2016-12-08 11:31 | Report Abuse

A big fish is controlling the price everyday----let him push down the price and i will sapu when the time comes-----

mango2

159 posts

Posted by mango2 > 2016-12-10 15:46 | Report Abuse

This legal tussel is not going to end so soon.

1) If on 17-1-2017 DPS application for appeal is allowed, then the appeal is proceeded to the 2nd stage, which is the appeal proper stage at Federal court, which may take at least another 6 months (and the High court reassessment is to be postponed again pending decision of this appeal proper)

2) If on 17-1-2017 DPS application for appeal is rejected, then the appeal at Federal court is finished and the matter is moved to High court for reassessment, which is fixed for case management on 23-1-2017 only (not hearing or decision). This reassessment at High court will take at least another 6 months also, decision of which, is APPEALABLE ! (never ending story)

3) On 17-1-2017 federal court might not deliver the decision for the DPS application for appeal and the matter is further delay !

In any event, do not expect decision for the appeal proper at Federal court or the High court reassessment to be given at least until end 2017. Long way to go brothers !

winfai

132 posts

Posted by winfai > 2016-12-10 23:22 | Report Abuse

Judge in court has kpi to complete case within 6 months. However, federal court case ia not complicated because the appeal is solely on payment of quantam. Do not buy dps solely on court case.

shareking1

822 posts

Posted by shareking1 > 2016-12-11 11:47 | Report Abuse

Mango2, don't worry, I will buy in this share since what u comment before and now are unbelievable.

mango2

159 posts

Posted by mango2 > 2016-12-11 14:06 | Report Abuse

shareking1, wish u luck and hope u have good patience also.

JJchan

7,182 posts

Posted by JJchan > 2016-12-12 16:19 | Report Abuse

mango2 is wrong on "another 6 months" bcoz he never appear before a reassessment court
before.....both side cannot insert "New Claims" on reassessment....all itemise claims must
be from the "original claims"........High Court judge will go over each Claim item and both side
lawyer will do a presentation on each item.....High Court judge will accept or "reduce each
individual claim amount or delete the item.....It might take 2 or 3 court days only......
If MISQ refused to accept the amount, they have to appeal to Federal Court only (already
exhausted All High Court appeal ).....Dps is doing a checkmate now (appeal first)

Hein

926 posts

Posted by Hein > 2016-12-13 00:15 | Report Abuse

I have no idea with court procedure. Anyway, thank you all your 无私的见解。

mango2

159 posts

Posted by mango2 > 2016-12-13 01:09 | Report Abuse

JJchan, after half a year, u are still as confused as before on court procedure !
Why the attention on the High Court reassessment when the matter is now at Federal Court appeal ?
If u are still not aware, pls be infm that the High Court re-assessment will only proceed if DPS lose her appeal at Federal Court. If DPS win the Federal Court appeal, then the High Court reassessment will be closed. Are u proposing that DPS is going to lose in the Federal Court appeal ?

Even in the event that DPS lose in the Federal Court and the matter is proceeded to High Court for reassessment, minimum 6 months time is required for this reassessment as there will be case managements, hearings, calling of witnesses, submissions and decision, in between which may interpesed with the usual court adjournments !

Pls lah JJchan, don't act like an expert on court procedure when u are not !

shareking1

822 posts

Posted by shareking1 > 2016-12-13 07:16 | Report Abuse

Mango2, last time u confused people court case losing , now still confusing people . I chosen to belief JJchan and would no belief a lie people like you.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-12-13 07:59 | Report Abuse

This company never pay dividends at all, even it finally get it's insurance claim, then u guys dream of its family type management will distribute out money to reward minor shareholders? Just as like air Asia Tony will do??

Hein

926 posts

Posted by Hein > 2016-12-14 10:03 | Report Abuse

I am first person to invest today. 40100 unit keep as saving.

ruffer

160 posts

Posted by ruffer > 2016-12-14 11:04 | Report Abuse

Like KFM in making.

VCBL

119 posts

Posted by VCBL > 2016-12-14 15:03 | Report Abuse

Don't waste time with this counter

Hein

926 posts

Posted by Hein > 2016-12-16 19:03 | Report Abuse

Mango2, if what you say is correct. Then really have to wait another year. And, if dps proposal is simply proposal..wow, I might lose patient.

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-12-16 22:44 | Report Abuse

52 Weeks Range: 0.075 - 0.145 (history)

deibccl

4 posts

Posted by deibccl > 2016-12-17 15:11 | Report Abuse

In fact, the price was falling from 0.145 to 0.075 over the year.

jayalbert

1,574 posts

Posted by jayalbert > 2016-12-17 20:03 | Report Abuse

It's bottoming out already, the only way is up after this, waiting for the rite moment only

deibccl

4 posts

Posted by deibccl > 2016-12-18 01:23 | Report Abuse

I don't think so. Anyway, let the time tell the truth.

jayalbert

1,574 posts

Posted by jayalbert > 2016-12-18 21:25 | Report Abuse

When I say the rite moment, i meant to say the impetus or something that will trigger the price to move, ie absolute news that insurance claims will b disbursed to DPS, hence increasing DPS' cash position for kicking off 2017 projects

Orson Chin

2,079 posts

Posted by Orson Chin > 2016-12-20 09:41 | Report Abuse

Drop to 0.70 edy

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-12-20 10:40 | Report Abuse

5c will coming soon.

jayalbert

1,574 posts

Posted by jayalbert > 2016-12-20 10:44 | Report Abuse

i'll pick up a truck load of DPS shares if it goes down to 5 c

ruffer

160 posts

Posted by ruffer > 2016-12-20 11:24 | Report Abuse

Can start to queue already and join the 5 cents . I am also waiting...

shareking1

822 posts

Posted by shareking1 > 2016-12-20 11:54 | Report Abuse

Orson chin , I think cannot up to 0.70, if up to 0.50 already good.

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-12-20 14:36 | Report Abuse

ZZZZZZZZZZZZZZZZZZZZZZZZ

Hein

926 posts

Posted by Hein > 2016-12-29 14:57 | Report Abuse

Count down.

Orson Chin

2,079 posts

Posted by Orson Chin > 2016-12-29 23:26 | Report Abuse

Count down for ? New year ?

abc333

1,534 posts

Posted by abc333 > 2016-12-30 13:22 | Report Abuse

can damp fire cricket explode b4 CNY?

Orson Chin

2,079 posts

Posted by Orson Chin > 2016-12-30 18:28 | Report Abuse

No news for claim edy

Teh Diven

4,155 posts

Posted by Teh Diven > 2016-12-30 19:36 | Report Abuse

Claim? Don't worry will postpone again

mikeann

830 posts

Posted by mikeann > 2017-01-10 00:41 | Report Abuse

Dps starting to wake up. Buying at 0.08 now. Moving up, First resistance at 0.09

ceres22

895 posts

Posted by ceres22 > 2017-01-10 15:46 | Report Abuse

next week court case, hopefully there is stg diferent than the word delay again.....

Hein

926 posts

Posted by Hein > 2017-01-10 17:28 | Report Abuse

Ceres22, I think no any surprise. If no delay. What will going for next after successful in application. I just keep collect at 0.075. Treat as a new investment.

Hein

926 posts

Posted by Hein > 2017-01-10 17:29 | Report Abuse

Prepare wait for one year

ceres22

895 posts

Posted by ceres22 > 2017-01-10 18:07 | Report Abuse

fingers cross hein !

ge9215895

496 posts

Posted by ge9215895 > 2017-01-10 18:34 | Report Abuse

Collect low and wait for it to wake up.

Hein

926 posts

Posted by Hein > 2017-01-10 19:15 | Report Abuse

I finger cross till no finger liao. Hand Like Doremon ale. Hence, the price at bottom, 0.075. Can collect and keep. If even no movement at all, sell at 0.08 loh.

ceres22

895 posts

Posted by ceres22 > 2017-01-10 19:59 | Report Abuse

Hein, totally understand, we r one of the bunch who invested much2 earlier, i stil believe this sleeping giant will wake up somehow...as long we dont need this $$ for surviving, guess is worth little wait....

otai7111

300 posts

Posted by otai7111 > 2017-01-11 09:28 | Report Abuse

wake up....

ge9215895

496 posts

Posted by ge9215895 > 2017-01-11 09:37 | Report Abuse

Looks like no chance for 0.075 anymore Hein

JJchan

7,182 posts

Posted by JJchan > 2017-01-11 09:59 | Report Abuse

"ditelan mati emak, diluah mati bapa" This is the judgement for MSIG in Federal Court ( the case
is about quantum payment, not about right or wrong..............)

mikeann

830 posts

Posted by mikeann > 2017-01-11 10:34 | Report Abuse

DPS Uptrend. Next resistance 0.10.
Better to buying consider DPS -WB. Next resistance 0.06

Hein

926 posts

Posted by Hein > 2017-01-11 11:35 | Report Abuse

Yes, ceres22, all like become old friend, haha.
Ge9215895, you are right. Hard to get 0.075 now. Luckily I did success top up a bit in Dec, and last two days at price 0.075.
JJchan, Bahasa so good. Mean eat and not eat also die? Haha
Let us see the show together.

ge9215895

496 posts

Posted by ge9215895 > 2017-01-11 12:28 | Report Abuse

Let's see what happened next :)

JJchan

7,182 posts

Posted by JJchan > 2017-01-11 17:16 | Report Abuse

6.5M is a "Big" volume for dps.....most of the loose holders at 0.07/0.075/0.08 already let Go
today.....so 0.085 is a support---If no 0.085 selling in next 2 days---0.090 is very possible

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