DPS RESOURCES BHD

KLSE (MYR): DPS (7198)

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Last Price

0.53

Today's Change

+0.01 (1.92%)

Day's Change

0.52 - 0.525

Trading Volume

731,700


24 people like this.

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

persie

1,412 posts

Posted by persie > 2017-01-20 10:08 | Report Abuse

May be the case is dragged for a longer time.

ceres22

895 posts

Posted by ceres22 > 2017-01-20 11:29 | Report Abuse

TY828, cant go in to the link....

yingchai

428 posts

Posted by yingchai > 2017-01-20 11:31 | Report Abuse

ceres22, you open through your PC.

ceres22

895 posts

Posted by ceres22 > 2017-01-20 11:33 | Report Abuse

yingchai, yes i tried but got error message....what does it say? 23/1/2017 case closed?

yingchai

428 posts

Posted by yingchai > 2017-01-20 11:36 | Report Abuse

Good news, court case for reassesment is closed for 23/01/2017. Meaning to say that DPS won at Federal court??. That is why no need to go back for reassesment??Hooray. DPS Up Up Up...........

ceres22

895 posts

Posted by ceres22 > 2017-01-20 11:38 | Report Abuse

if really closed, indeed very good news but why insider who attended the court didnt goreng?....can anyone here open the link without error?

wh1881

430 posts

Posted by wh1881 > 2017-01-20 11:39 | Report Abuse

yes i can

ceres22

895 posts

Posted by ceres22 > 2017-01-20 11:39 | Report Abuse

actually closing the case 23/1/2017 doesnt make much sense, then when to announce the payment to dps.......

ceres22

895 posts

Posted by ceres22 > 2017-01-20 11:41 | Report Abuse

ok jst managed to open it.....so are we heading for another delay?

yingchai

428 posts

Posted by yingchai > 2017-01-20 11:42 | Report Abuse

erm.....maybe they going to make announcement soon.??DPS Limit up as per what JJchan said.....

ceres22

895 posts

Posted by ceres22 > 2017-01-20 11:43 | Report Abuse

JJ chan, how do we intrepet this scenario here?

yingchai

428 posts

Posted by yingchai > 2017-01-20 11:53 | Report Abuse

no wonder last few days the trading volume so high...... Yesterday increase to 0.085 somemore. so i think the outcome should be quite bright for DPS. Am i right JJchan?

JJchan

7,182 posts

Posted by JJchan > 2017-01-20 12:08 | Report Abuse

I am also scratching my Head (anyway thanks for the guy who update us)
The only thing I can think Off is Dps and Hong Leong has agreed to a private settlement therefore
High Court reassessment filed is closed
We surely need a Update from DPS----keep your eyes peeped on Dps shares movement-----
syndicate could be getting in Quitely (I don't trust Peter )

JJchan

7,182 posts

Posted by JJchan > 2017-01-20 12:10 | Report Abuse

At current price Dps is just peanuts to syndicate ( Matang can do 300m a day)

Hein

926 posts

Posted by Hein > 2017-01-20 12:12 | Report Abuse

Base on link share by ty828, case no.: 22NCVC-1488-12/2012. File closed 23rd Jan 2017.9:00am. At tingkat 3, sayap , kompleks mahkamah.taksiran ganti rugi (pk) (156)

wh1881

430 posts

Posted by wh1881 > 2017-01-20 12:15 | Report Abuse

anyone know about DPS Malacca project status since now a lot of chinese coming in to invest?

JJchan

7,182 posts

Posted by JJchan > 2017-01-20 12:24 | Report Abuse

File closed 23 Jan 2017....If really there is a settlement, Dps MUST have received a Offer from HongLeong before Federal Court Case 17 Jan17......Offer must be a" Irrevocable Offer" to
settled or else why Closed File-----Said again Must be Updated by Dps.........

Hein

926 posts

Posted by Hein > 2017-01-20 12:45 | Report Abuse

Now, both parties discussing how to goreng it till one ringgit. Then Hong leong can cover its lost. 无间道thinking.

ceres22

895 posts

Posted by ceres22 > 2017-01-20 13:13 | Report Abuse

Ok in summary, this could be the good news as the case is finally closed after 2 years of dragging ! now jst matter of days we will know the actual compensation.....

ceres22

895 posts

Posted by ceres22 > 2017-01-20 13:15 | Report Abuse

i also noticed n the link that MSIG DID NOT APPOINT any lawyer in the assessment hearing, so def they have discussed the settlement.....now jst wait for the good news !

mango2

159 posts

Posted by mango2 > 2017-01-20 13:27 | Report Abuse

Words from Shah Alam high court was that the reassessment on 23/1/17 is still on, the Status File Closed only indicate that the original main file has been closed previously. If still have doubt, u may call up the Shah Alam court.
http://efiling.kehakiman.gov.my/eFiling/WebRequestEntry?PAGE=999998&PARAM_WS_NAME=SEARCHWS&STR_CASE_NO=1488-12/2012&STR_COURT_LOC_ID=136f5545-8aae-4440-ad1a-46c61fac1999

Also u may call the Federal Court to check if u have any doubt that Federal Court rejected the DPS leave application.

Why rely on others when u can help yourself?

yingchai

428 posts

Posted by yingchai > 2017-01-20 14:20 | Report Abuse

What is the Shah Alam high court number? Wanna call to find out! How can they simply update the file status as "File Closed"when there are not!!!! I still believe the good news is coming.

wh1881

430 posts

Posted by wh1881 > 2017-01-20 14:26 | Report Abuse

yingchai, try this and let us know the status. 03-55103543

persie

1,412 posts

Posted by persie > 2017-01-20 14:31 | Report Abuse

My friend, don't give any hope for the case you know nothing. If the dps got good news, insiders already goreng this stock few days ago. That's why retailers always lost their money in stocks bcoz they only play when news is out. When news is out, it is too late to you to play. Many trapped in stock like DGSB at 0.055,they chase when news out, see what dgsb price now.

wh1881

430 posts

Posted by wh1881 > 2017-01-20 14:32 | Report Abuse

actually whatever it is, at this price nothing much to lose... patience will get the reward eventually :)

persie

1,412 posts

Posted by persie > 2017-01-20 14:38 | Report Abuse

0.07-0.08 is very good defence

wh1881

430 posts

Posted by wh1881 > 2017-01-20 15:14 | Report Abuse

if DPS still have a lot of export furniture business, then its Q2 result should be good since MYR weaken so much over the past quarter...

yingchai

428 posts

Posted by yingchai > 2017-01-20 15:43 | Report Abuse

I think have to wait for at least few months for the assessment by High Court.

wh1881

430 posts

Posted by wh1881 > 2017-01-20 15:44 | Report Abuse

so yingchai you have called them up?

yingchai

428 posts

Posted by yingchai > 2017-01-20 15:49 | Report Abuse

called 5 times. nobody pick up the call.

wh1881

430 posts

Posted by wh1881 > 2017-01-20 15:50 | Report Abuse

ok... but thanks for trying

yingchai

428 posts

Posted by yingchai > 2017-01-20 15:55 | Report Abuse

haha...you are most welcome. I think lots of DPS investors will lose patience. Now hv to wait for the company announcement from Bursa Malaysia.

IronShirt

3,178 posts

Posted by IronShirt > 2017-01-20 16:08 | Report Abuse

Normal Nobody picked up the phone,,,,,,it is abnormal if someOne answer you,,,,,,"Judge Mango speaking "

TY828

70 posts

Posted by TY828 > 2017-01-20 16:29 | Report Abuse

Just called. 23Jan is file management. High court appoint another judge to reassessment. Few more months to go.

IronShirt

3,178 posts

Posted by IronShirt > 2017-01-20 16:35 | Report Abuse

Insider goreng when they don't have enough shares and no creditable news,,,,,my calculation over
6months period,,,, buying is close to 65millions and never return back to the system,,,,,,main reason
price cannot drop below 0.07 for months

yingchai

428 posts

Posted by yingchai > 2017-01-20 17:41 | Report Abuse

The reassessment gonna takes approximately 6 months to go. If MSIG still not happy with the reassessed sum, can they appeal it (reassessed sum) again???I prefer to go for out of court settlement. RM9.5Million (half of the claim sum) or RM14.25Million also ok.... I have been holding the shares since April last year and i think gonna hold for 1 more year......Alamak. ....

Can someone advise me what should i do?

Hein

926 posts

Posted by Hein > 2017-01-20 18:01 | Report Abuse

Yingchai, where you get answer reassessment take 6 months? Understanding from JJ is about few days.

JJchan

7,182 posts

Posted by JJchan > 2017-01-20 20:21 | Report Abuse

I think yingchai is talking about Q-ing time....assigned judge has on-going / pre-scheduled cases..
Let get Dps official announcement First!!!!!!!!!

Hein

926 posts

Posted by Hein > 2017-01-20 20:59 | Report Abuse

Yes, just waiting official announcement. Yingcai, last year April till now, still not one year time. I hold since 2015 leh.

noah

408 posts

Posted by noah > 2017-01-21 01:24 | Report Abuse

frankly speaking, i like their website.
http://www.dps.com.my/
very very epic.
hardly see this kind of website for a listed company.

yingchai

428 posts

Posted by yingchai > 2017-01-23 09:48 | Report Abuse

Wah early in the mornning so highvolume d....

shareking1

822 posts

Posted by shareking1 > 2017-01-23 10:27 | Report Abuse

6 Feb 2017 taksiran gantirugi

Hein

926 posts

Posted by Hein > 2017-01-23 10:47 | Report Abuse

Very short wait. Huat ah!

shareking1

822 posts

Posted by shareking1 > 2017-01-23 11:52 | Report Abuse

Yup , short wait , gong xi fa cai.

janetchen

232 posts

Posted by janetchen > 2017-01-23 11:59 | Report Abuse

shareking1 where u get the info?real?

fl888

7,746 posts

Posted by fl888 > 2017-01-23 12:14 | Report Abuse

how much will DPS get on 06-02-2017, hopefully more than 50%...

mango2

159 posts

Posted by mango2 > 2017-01-23 12:46 | Report Abuse

DPS will get nothing, only a new date.

mango2

159 posts

Posted by mango2 > 2017-01-23 12:46 | Report Abuse

Where is the smart alec JJchan who said reassessment take only a few days?

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