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

0.00 - 0.00

Trading Volume

0


24 people like this.

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

yingchai

428 posts

Posted by yingchai > 2017-05-08 15:01 | Report Abuse

still keep 100k queuing at 0.105. Hopefully can sell it away. I think the case gonna drag for few more months......

yingchai

428 posts

Posted by yingchai > 2017-05-08 15:04 | Report Abuse

shareking, so gonna wait for few rounds of PK, each PK takes easily 1 month. So gonna wait for 3 to 4 months la.....haiz....

shareking1

822 posts

Posted by shareking1 > 2017-05-08 15:28 | Report Abuse

How u know will drag for few months? if tomorrow they came out with final result , then u confirm regrets.

winfai

132 posts

Posted by winfai > 2017-05-08 16:04 | Report Abuse

Tomorrow sure no final decision. It is PK on front of judge, if lucky can proceed next stage which is B for bicara. I dun think HL MSIG wil resolve this case outside court, this matter had been draging ao long because of them, they wanna pay less and in quantam which dps dun intend to.

yingchai

428 posts

Posted by yingchai > 2017-05-08 16:18 | Report Abuse

I think tml is merely a case managment. If PK infront of judge; the remark would be" Tafsiran Ganti Rugi Di depan Hakim. so 1st stage is PK followed by 2nd stage which is Taksiran Ganti Rugi Di depan Hakim, then 3rd stage is Bicara then 4th stage is to deliver the verdict. So all in all, the whole process is going to take extra 5-6 months time.

yingchai

428 posts

Posted by yingchai > 2017-05-08 16:19 | Report Abuse

look at the buy queue at 0.10 can tell you the answer for tml. By the way, can anyone volunteer him/herself to attend the hearing tml and update the latest development to this forum???

Jerry Yip

2,218 posts

Posted by Jerry Yip > 2017-05-08 16:20 | Report Abuse

Steady dps....ready to up

Hein

926 posts

Posted by Hein > 2017-05-08 20:53 | Report Abuse

I did some short trade before. Earn some kopi duit. I holding a lot. Will decide to unload some and invest to other counters that already move. Then come back buy more if price lower.

Hein

926 posts

Posted by Hein > 2017-05-08 20:56 | Report Abuse

I not pick where to stand. Just I holding too many lot. Do your own decision.

mango2

159 posts

Posted by mango2 > 2017-05-08 22:41 | Report Abuse

Actually tmr PK is not in front of the Judge, but in front of Penolong Kanan Pendaftar (or Senior Assistant Registrar aka SAR).
In the e-Filing site - Venue - Shah Alam Mahkamah Tinggi Sivil - By Group - Penolong Kanan Pendaftar : u will find Puan Wan Azira Binti Wan Khairilanwar in the list.
http://efiling.kehakiman.gov.my/eFiling/

yingchai

428 posts

Posted by yingchai > 2017-05-09 08:34 | Report Abuse

Today is very crucial to all the DPS supporters. If there is no new date given, then the price going to shoot up......Keep a closer look at this forum and waiting for new development....

shareking1

822 posts

Posted by shareking1 > 2017-05-09 08:34 | Report Abuse

Anybody else want to vote? Teh got 4 vote, fl888 got 2 vote.

fl888

7,745 posts

Posted by fl888 > 2017-05-09 08:38 | Report Abuse

Hope closed case today ??? anybody going there as postpone should have received letter or informed by both parties.....

fl888

7,745 posts

Posted by fl888 > 2017-05-09 08:39 | Report Abuse

buying support looks goody///

Jerry Yip

2,218 posts

Posted by Jerry Yip > 2017-05-09 08:41 | Report Abuse

Looking good

winfai

132 posts

Posted by winfai > 2017-05-09 09:18 | Report Abuse

Another pk

yingchai

428 posts

Posted by yingchai > 2017-05-09 09:26 | Report Abuse

i think panic selling gonna start soon.

yingchai

428 posts

Posted by yingchai > 2017-05-09 09:32 | Report Abuse

I wonder why a simple court case can drag until so long......

fl888

7,745 posts

Posted by fl888 > 2017-05-09 10:33 | Report Abuse

This case has been written off by DPS, so if get zero do not affect the price but if win and got good qtr result, fly,,,,

Hein

926 posts

Posted by Hein > 2017-05-09 12:35 | Report Abuse

Wow, seem got selling pressure. No choice, dps business always not good in early year. May be this coming quarter good? Becky of exchange rate?

mango2

159 posts

Posted by mango2 > 2017-05-09 13:43 | Report Abuse

Just as i said, the reassessment will take at least 6 months. Now by July (6 mth time) still in pk stage. Wonder what JJchan has to say to that ? Have not seen him in i3 lately.

mango2

159 posts

Posted by mango2 > 2017-05-09 14:00 | Report Abuse

Next PK is in front of Puan Nur Hidayah Binti Abd Mutalib, also an Penolong Kanan Pendaftar.
If there is a need for a PK before the judge, then the whole matter will drag further. Wouldn't be surprised if the reassessment is finished by year end or even next year !

mango2

159 posts

Posted by mango2 > 2017-05-09 14:02 | Report Abuse

yingchai, the former champion of "court case ending soon" here, after took profit at 0.11, now want to buy back low. So he suddenly "wise up" to the court proceedings and now advocates "court case dragging, not end so soon", even ask ppl to cut loss (after he took profit) !

In due course, he will become "dumb" again and sing "court case ending soon", after he buy back low. Anyone want to sell cheap to him ?

Jerry Yip

2,218 posts

Posted by Jerry Yip > 2017-05-09 16:53 | Report Abuse

Joke of the day panic selling

shareking1

822 posts

Posted by shareking1 > 2017-05-11 08:49 | Report Abuse

Today will start panic selling.

charlie chia

2,151 posts

Posted by charlie chia > 2017-05-11 15:49 | Report Abuse

Any updates on the Court Case

shareking1

822 posts

Posted by shareking1 > 2017-05-11 15:57 | Report Abuse

Start selling at price 0.095.

Hein

926 posts

Posted by Hein > 2017-05-11 16:01 | Report Abuse

Luckily unloaded some at 0.10. Move to other counters first. Price may close at 0.10.

shareking1

822 posts

Posted by shareking1 > 2017-05-11 16:13 | Report Abuse

Waiting mango2 selling down .

Hein

926 posts

Posted by Hein > 2017-05-11 19:36 | Report Abuse

Good closing

fl888

7,745 posts

Posted by fl888 > 2017-05-12 01:58 | Report Abuse

Any updates with DPS current furniture and property development businesses in view of the China companies involvement in Melaka infrastructure etc,,,,,

fl888

7,745 posts

Posted by fl888 > 2017-05-12 02:04 | Report Abuse

Want to collect now at this price, just have a hunch it will move anytime especially with the imminent Court Case conclusion within this year..

fl888

7,745 posts

Posted by fl888 > 2017-05-12 08:29 | Report Abuse

DPS has become a Do Play Safe counter and has been too steady at this price too long and have to wake up once KLSE informed of directors dealing in securities...Just collected 400,000 this week..

shareking1

822 posts

Posted by shareking1 > 2017-05-12 10:20 | Report Abuse

Fl888, u mean dps director collecting the share?

Hein

926 posts

Posted by Hein > 2017-05-12 11:15 | Report Abuse

Coming Qr will affect price movement. Surprise one, price will over 0.12. Break even., price 0.11.
Losing money, 0.095. Will not much different. Remember, donkey will reach destination one day.

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-05-12 15:49 | Report Abuse

Slow slow zzzzz

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-05-12 16:27 | Report Abuse

Time to abort the ship

ec9118

100 posts

Posted by ec9118 > 2017-05-13 23:52 | Report Abuse

Director, still collecting, before the. Claims, q1 result should be good, up!

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-05-14 21:40 | Report Abuse

Melaka gateway

otai7111

300 posts

Posted by otai7111 > 2017-05-15 12:35 | Report Abuse

follow buy at 10...

volks2

1,116 posts

Posted by volks2 > 2017-05-16 08:38 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5348953

why there is no announcement after Feb 2017? I afraid after reassessment, the claim is less than RM10M

yingchai

428 posts

Posted by yingchai > 2017-05-17 16:36 | Report Abuse

Good News, Good News, Good News,

Mr. Mea Fatt Leong in the house as the new independent director to DPS.
Something good is coming to DPS. Try to google and you guys will know who is Mr. Mea Fatt Leong. DPS got hope d....Hold it tight. Quarter result should be very impressive......

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-05-17 22:19 | Report Abuse

Normal accountant is it

yingchai

428 posts

Posted by yingchai > 2017-05-18 08:46 | Report Abuse

Teh Diven, Mr. Mea Fatt Leong is a corporate magician.Partner of a famous audit/accounting firm. Well connected with other all the big shot businessman. I think Peter Sow is planning something big. Or else, he wont spend the money to invite Mr. Mea to sit on board....

Hein

926 posts

Posted by Hein > 2017-05-18 09:23 | Report Abuse

Agree, yngchai. But this coming quarter 50-50. I already let go some and invest to other. Now make money, will buy more if dps price drop.

otai7111

300 posts

Posted by otai7111 > 2017-05-18 11:48 | Report Abuse

slowly buy at 10

yingchai

428 posts

Posted by yingchai > 2017-05-18 12:40 | Report Abuse

The price of DPS moved from 0.08 to 0.10 after the announcement of 3rd quarter result. The coming 4th quarter will be a better one in view of:
1. Finance Cost going to reduce significantly in view of settlement of long term liabilities (Term loan) and without reliance of Bank Overdraft Facility.(Long term liabilities was zero as per 3rd quarter result and no utilization of Bank Overdaft Facility.
2. DPS has successfully turn-around in view of its performing property division.
3. CCC had been obtained for its Seri Tanjong Minyak Project somewhere in Jun 2016.
4. The commencement of Krubong Project which started since August 2016. (heard from my frens that the Krubong Project was fully sold).
5.Their newly JV project going to kick off soon with the targeted profit of RM7.08Million for next 5 years.
6.The Seri Tanjung Minyak project is a freehold development project which is highly demanded in Malacca. The development project next to the proposed development project achieved fully sold record by another property developer.
7. The NAB is RM0.20 which is greater than the current share price of RM0.10.
8. The insurance claim of RM24Million( to me, if got half of the amount @ RM12Million considered very good)
9. The appointment of Mr. Mea Fatt Leong to the board ( white knight to DPS).
Hold it tight or buy more at 0.10....
GO GO GO DPS...
GO GO GO DPS...

Posted by Johnny2888 > 2017-05-18 13:40 | Report Abuse

Ying Chai, thank you for the lmpressive comment. Cheer for DPS

otai7111

300 posts

Posted by otai7111 > 2017-05-18 14:23 | Report Abuse

tq yingchai for the comment.
hold tide friends.

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