DPS RESOURCES BHD

KLSE (MYR): DPS (7198)

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Last Price

0.52

Today's Change

-0.015 (2.80%)

Day's Change

0.525 - 0.535

Trading Volume

1,377,800


24 people like this.

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

Hein

926 posts

Posted by Hein > 2017-08-03 10:11 | Report Abuse

Kk 7198, my opinion is hold. If you got extra bullet can consider to buy more if price 0.08. I sold dps because it can not break 0.12. Now, I still collecting. Tq for your good comment also!

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-03 10:24 | Report Abuse

hahaha..."hold" take majority... :-D up up up...dps... :-D :-D :-D

yingchai

428 posts

Posted by yingchai > 2017-08-03 11:59 | Report Abuse

The price is going to move down further and it will takes years to wake up i think. The insurance claim (MSIG) is towards the tail end, which will get the final judgement by early next year. The HSBC Takaful case just started and will takes approximately 3 to 4 years.....The property can start to contribute to the company on early next year. So conclusion is to wait and see and sapu by end of the year or when the price touch 0.075 or 0.08. The money you stuck with DPS can go for other better alternative. Now is not advisable to sapu, wait and see 1st......Hoepfully this stock wont fall under the category of PN17. Frankly speaking, the managament of this company is not really good at managing business. High risk to invest now.....Come back to this counter early next year. This year sure no show d.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-03 13:18 | Report Abuse

downtrend retracement extension maybe go down near 0.06, hope it won't happen...up up up...dps... :-D :-D :-D

shareking1

822 posts

Posted by shareking1 > 2017-08-03 14:08 | Report Abuse

Yingchai, don't worrry when price down to 0.08 , I will collect it.

yingchai

428 posts

Posted by yingchai > 2017-08-03 14:47 | Report Abuse

high possibility will drop below 0.80. Beware my frens.....

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-03 14:52 | Report Abuse

amithaba...hope it no happen...up up up...dps... :-D :-D :-D

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-08-03 15:39 | Report Abuse

Baru tahu ke????

shareking1

822 posts

Posted by shareking1 > 2017-08-03 16:11 | Report Abuse

If below 0.80, then all people here will laugh until no tooth.

shareking1

822 posts

Posted by shareking1 > 2017-08-03 16:12 | Report Abuse

Bruce, why u pray if the price below 0.80?

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-03 17:03 | Report Abuse

shareking, if price below 0.80 i pray god because fulfill my wishes... :-D up up up...dps... :-D :-D :-D

Hein

926 posts

Posted by Hein > 2017-08-03 18:00 | Report Abuse

kk7198, I not sold at 0.11. Sold at 0.10 and 0.105. But, I only unload 30%. I also afraid suddenly surge up.
Yingchai, unless coming result very bad. Otherwise, it will no go to 0.075. And, will not years to bounce back to 0.10. It take only one year. Will not go to pn17. Ai... for those stuck one, pls hold till early next year. Now, only God know if price can boost in this year.

Hein

926 posts

Posted by Hein > 2017-08-03 18:02 | Report Abuse

Actually, most of good counters are high side. Very dangerous to trade. Dps still consider safe.

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-08-03 18:45 | Report Abuse

Wat so great abt SI fatt? Still zzzz with the mansagement

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-03 23:04 | Report Abuse

haha...kk7198, actually price 0.80 is bring up by shareking1, he ask "why u pary if the price below 0.80" i just answer his question only... :-D up up up...dps... :-D :-D ;-D

patwen88

11 posts

Posted by patwen88 > 2017-08-04 08:19 | Report Abuse

Wow! If not PN17, this counter should be super undervalue among the other listed companies. Don't fall into yingchai's trap.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-04 09:25 | Report Abuse

Kk7198, u r right, makd this forum more fun... :-D up up up...dps... :-D :-D :-D

moguiyu

155 posts

Posted by moguiyu > 2017-08-04 09:46 | Report Abuse

just swallow 0.085 300 lot.......but not me...ha!

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-04 15:02 | Report Abuse

don't go down pls...up up up...dps... :-D :-D :-D

Diven Teh

3,892 posts

Posted by Diven Teh > 2017-08-04 20:00 | Report Abuse

what a lousy management.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-05 17:11 | Report Abuse

next week ga yau! ga yau! ga yau! up up up...dps... :-D :-D :-D

Teh Diven

4,155 posts

Posted by Teh Diven > 2017-08-07 16:42 | Report Abuse

Delisted soon

yingchai

428 posts

Posted by yingchai > 2017-08-07 17:05 | Report Abuse

Based on the current price movement, after the anouncement of quarter result; the price should drop further to 0.075....Better sell now and go for other counter.

Hein

926 posts

Posted by Hein > 2017-08-07 17:42 | Report Abuse

0.075-0.08, interesting.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-07 22:13 | Report Abuse

don't go 0.075, tomorrow wake up up up...dps... :-D :-D :-D

Hein

926 posts

Posted by Hein > 2017-08-07 22:27 | Report Abuse

Kk7198, I start collect back at 0.085. Now, waiting for 0.08 and 0.075. Son, I bought bit expensive aii...average 0.05. You should add on.

shareking1

822 posts

Posted by shareking1 > 2017-08-08 08:47 | Report Abuse

Today got change to collect dps at 0.08 and wb at 0.04. Kikiki

shareking1

822 posts

Posted by shareking1 > 2017-08-08 12:15 | Report Abuse

Kk7198, don't wait , dps turn green when sea of red.

otai7111

300 posts

Posted by otai7111 > 2017-08-08 12:54 | Report Abuse

buy wb

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-08 16:34 | Report Abuse

ga yau! ga yau! ga yau! up up up...dps... :-D :-D :-D

Hein

926 posts

Posted by Hein > 2017-08-08 17:20 | Report Abuse

Kk7198, you see the dnex. Drop from high side. Now still many people buying at so call low price. A ot sifu bleeding. I also bleeding.Dps is consider safe. No point to sell at this price, but can invest at this price. Few more months to wait ONLY.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-09 15:24 | Report Abuse

ga yau! ga yau! ga yau! up up up...dps... :-D :-D :-D

JJchan

7,182 posts

Posted by JJchan > 2017-08-09 16:06 | Report Abuse

looking at 2017 annual report. Dps's profit is only 34K.....Got 1M cash and 38K borrowings
don't know what to say but No worry.....just wait for RM19M "judgement amount"

Hein

926 posts

Posted by Hein > 2017-08-09 17:55 | Report Abuse

Kk7198, thanks ur concern. I waiting it down lower. Not much hurt. Lol.

Hein

926 posts

Posted by Hein > 2017-08-09 17:57 | Report Abuse

Jjchan, do you think Peter manipulating the profit & loss.? Furniture revenue should make profit. Anyway, what you say is correct.

yingchai

428 posts

Posted by yingchai > 2017-08-10 09:06 | Report Abuse

haha....as expected, 0.75 is coming......

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 09:21 | Report Abuse

I don't have much confidence about P/L account but cash seems to be accumulating over several
years. I think Dps is fighting for 24m and not 19m (as judgement amount) That is why so
many case management sessions failed.

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 09:32 | Report Abuse

Maybe i should drop by Shanta wood factory and take a look----hahaha... Considering next
long term contract is HSBC Gold mine, I should take Peter out for a Cup of Cappuccino...
Dps biz is almost recession proof

yingchai

428 posts

Posted by yingchai > 2017-08-10 09:46 | Report Abuse

JJchan, bring Peter to eat chicken rice ball better. I think the quarter result confirm koyak. The case managment for HSBC started but it will takes 2 to 3 years for the decision.

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 10:46 | Report Abuse

Good idea....save some money first....see results first.....1Q17 results 99.99% bad for all furniture
industries bcoz demand for furniture is usually before Raya and CNY got long holidays plus
construction/renovation biz are all closed

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 10:49 | Report Abuse

The current housing trend is Big house moved into small house (cannot serve loan). Renovation
biz is growing but housing demand is slowing down (cannot get loan more than 500K)

yingchai

428 posts

Posted by yingchai > 2017-08-10 11:19 | Report Abuse

so i think DPS gonna suffer for new few quarters and they are really in need of insurance claim as their working capital. I just realized the director fees were so huge. few hundered k. I suggest we pass motion during their AGM to reduce the Directors Salaries by 50%. No logic that company only earn RM38K whereby the director earn few hundred K. it is unfair for small share holders like us. Peter and his son should answer this question.

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 11:53 | Report Abuse

let see 2Q17 result first......still 1M cash...In China and Taiwan, my friends factories always
make money in 2Q and 3Q.....I think no different in Malaysia

yingchai

428 posts

Posted by yingchai > 2017-08-10 12:00 | Report Abuse

1M how to fund the RM189MIllion project? haha....i think they gonna borrow money from bank to fund its project, by the time; dps will be in debt position again. Assuming, DPS take RM56Million from any bank, the interest rate for 1 year easily 5% which is equivalent to RM2.8Million to be reported as finance cost. How to make money? haha......

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 12:09 | Report Abuse

RM189m.....talk only.....Bank needs collateral.....even Najib man also cannot get loan nowadays...
But there are many, i really mean many mainland Chinese developers desperate for "safe project
outside China to recycle money out of China "

yingchai

428 posts

Posted by yingchai > 2017-08-10 12:27 | Report Abuse

mainland developers focus Yong Tai Berhad, KAJ, Iwcity, E & O. There is no chair for small developer like DPS to JV with them. haha....forget abt it man.

JJchan

7,182 posts

Posted by JJchan > 2017-08-10 12:37 | Report Abuse

If Dps can get back 24m, i will corner Dps

yingchai

428 posts

Posted by yingchai > 2017-08-10 12:43 | Report Abuse

i think at most RM15Mil. I dun think can get RM24Million. The share price gonna staganant or drop further at least few more months from now. haha......The next case management should be on October/November (based on my sixth sense).

shareking1

822 posts

Posted by shareking1 > 2017-08-10 14:50 | Report Abuse

Kk7198, I waiting to collect 0.08 very long time since yingchai asking people buy at price 0.095.

shareking1

822 posts

Posted by shareking1 > 2017-08-10 17:38 | Report Abuse

Kk7198, somebody give tips will up to 0.75 and expected . Now only 0.085 , better buy now .

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