DPS RESOURCES BHD

KLSE (MYR): DPS (7198)

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Last Price

0.525

Today's Change

-0.005 (0.94%)

Day's Change

0.52 - 0.53

Trading Volume

1,085,500


24 people like this.

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

klsestock

46 posts

Posted by klsestock > 2019-11-22 12:20 | Report Abuse

DPS=Dump Poor Stock

Teh Diven

4,155 posts

Posted by Teh Diven > 2019-11-22 13:13 | Report Abuse

No wonderlah

SinGor

4,902 posts

Posted by SinGor > 2019-11-22 13:16 | Report Abuse

as jj said, dps low cost housing is very profitable compare to other developers. Reason is dps makes roof truss, doors, door frame, window frame, kitchen cabinet, Table &Chairs & Bed. Combine these
house items, it is almost 40-45% cost of low cost.
But major dps earnings come Export market(furniture) which Peter said in 2Qr. losses due to Big
Boys throwing export price to gain market share

Peter2357

597 posts

Posted by Peter2357 > 2019-11-22 14:26 | Report Abuse

its property development making money lah

ceres22

895 posts

Posted by ceres22 > 2019-11-22 14:30 | Report Abuse

Jialat la like that...looks like will drag forever till cows come home...

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-22 15:08 | Report Abuse

never see klsestock before. why so excited??? Must be a regular with a "Different ID"....very normal here

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-22 15:23 | Report Abuse

klsestock another Teh Tarik.......Dps warong Teh....no action

BILLC

2,043 posts

Posted by BILLC > 2019-11-22 15:55 |

Post removed.Why?

fl888

7,722 posts

Posted by fl888 > 2019-11-22 19:50 | Report Abuse

Dead Peter Skeleton

investdps

45 posts

Posted by investdps > 2019-11-22 21:25 | Report Abuse

we all ask for it !!! With all these bad comments, my deep pockets friends already shy away. They commented when all investors are pessimistic, don't hope for price surge. Instead of buying Dps, they bought iwcity today---- Monday rocket.

investdps

45 posts

Posted by investdps > 2019-11-22 21:26 | Report Abuse

Kk, be careful, someone may be implanted destroyer in this group

investdps

45 posts

Posted by investdps > 2019-11-22 21:27 | Report Abuse

Next week is crucial as qr out. Hopefully, Sui sui

investdps

45 posts

Posted by investdps > 2019-11-22 21:28 | Report Abuse

When MSIG in , price will hit 31.5 sen.

p2t2b2

12 posts

Posted by p2t2b2 > 2019-11-22 21:41 | Report Abuse

Any time frame the MSIG will be in ?

Teh Diven

4,155 posts

Posted by Teh Diven > 2019-11-22 22:54 | Report Abuse

Right here waiting

persie

1,412 posts

Posted by persie > 2019-11-23 09:09 | Report Abuse

If qr is good enough, it is too late to buy at 6c or otherwise...

Peter2357

597 posts

Posted by Peter2357 > 2019-11-23 13:09 | Report Abuse

Got HOPE

Peter2357

597 posts

Posted by Peter2357 > 2019-11-23 13:12 | Report Abuse

Buy 6cts ,sell 9 cts,make profit 50%

fl888

7,722 posts

Posted by fl888 > 2019-11-23 13:54 | Report Abuse

The Fire Claim Amount has been duly written off in their Balance Sheet since 2013, I think ...so this Judgement Sum of RM19 million ++..or the arbitrated Sum will be treated as an extraordinary bonus income ....just cannot understand ....why DPS with NTA of 19cts and with added property development projects is still languishing at around 6 cts for the past few years...hoping some Investment Analyst will write in media like NST, the Edge ....to expose this undervalued DPS ...as 6 to 10 cts seller queues can be gobbled up easily by many minority investors like me, KK ,Investdps, ....and of course Janetchen

fl888

7,722 posts

Posted by fl888 > 2019-11-23 13:56 | Report Abuse

For now buy 7198 & 8917 4d...?

ceres22

895 posts

Posted by ceres22 > 2019-11-23 15:10 | Report Abuse

JJ, could it be DPS already 'ultilise the 19 mil' already deposited into their lawyer's account and this is why they alway find ways to postpone the court case?

Hein

926 posts

Posted by Hein > 2019-11-23 15:42 | Report Abuse

If the money already used by dps, it must show in the company account.

Peter2357

597 posts

Posted by Peter2357 > 2019-11-23 16:16 | Report Abuse

and it owns a number of hugh industrial properties which are undervalued in its book.

Peter2357

597 posts

Posted by Peter2357 > 2019-11-23 16:31 | Report Abuse

RM19M is kept in ESCROW under the lawyer ac ,pending outcome of court case.
( lawyer acts as stakeholder)

fl888

7,722 posts

Posted by fl888 > 2019-11-23 16:42 | Report Abuse

Wonder which lawyer is keeping RM19 million, DPS or MSIG or third party ? ...hope the lawyer did not committ CBT with RM19....then recovery of RM19 will drag longer or if can not recover , how ,,?

Hein

926 posts

Posted by Hein > 2019-11-23 18:17 | Report Abuse

JJ, the tanjung minyak project has start quite some time already...let see if got significant contribute to next week Qr. It is something wrong if still no sales.

JJchan

7,182 posts

Posted by JJchan > 2019-11-23 19:59 | Report Abuse

No more Talk. Good rest on Sunday. Next week prepare for 3Qr action

persie

1,412 posts

Posted by persie > 2019-11-24 09:50 | Report Abuse

Investdps, where is the announcement in klse ? I just wonder why where is the announcement when dps buying snc ? Is there no transparency in dps board ?

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-24 11:07 | Report Abuse

26 Sept 2014 awarded Shantawood 19,496,398 ( plus 5% calculated FROM 14 July 2011 )----have
bursa announcement. So the actual court case last only 3yrs 2mths then Judgement. MSIQ appeal to appeal courts and reassessment After 26/9/14---- drag until now.

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-24 11:14 | Report Abuse

each yr interest is 974,820.....3yrs is 2.924mil-----so on 26/9/14, DPS received 22,420398(plus)
Then every year if MSIQ don't deposit 19mil into Shantawood lawyer account ( interest added on )

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-24 11:28 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1111429

Morning do alot office works for lazy folks

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 11:50 | Report Abuse

don't know actual date Msiq deposit 22mil, after that Principal becomes compound interest at maybe 3.75%----Today for sure already passed 25mil

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 11:52 | Report Abuse

Dps worth 38mil( market cap) today but got 25mil CASH in Shantawood. no-wonder jj is so quiet

fl888

7,722 posts

Posted by fl888 > 2019-11-24 12:46 | Report Abuse

Reading Ironshirt. Extracts, Judgement is MSIG must pay 5% on RM19,+++ from 14fh July 2011 onwards. And ordered MSIG to deposit the RM19 million on14-9-2014 into escrow bank account earning FD interest.....so MSIG trying to reduced 5% quantum amount but the FD RM19 million remains....but eventually DPS still get the awarded arbitration sum but only how much........to become the Dragon Priceless Stock soon...

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 14:05 | Report Abuse

if you read the judgement extract, msiq cannot produce counter-quotation...how to reduce?
So msiq brings in experts to throw out Shantawood quotations but they already done that before
judgement day (reduce from 24m to 19m ). On the flip side, Shantawood could reinstate original 24m, who knows

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 14:44 | Report Abuse

after this reassessment, Shantawood can apply to High Court to unfreeze 19mil judgement( lawyer friend said), this is what jj said that Peter might quietly used 19mil to Buy snc factory. The monies is
in Shantawood account so DPS account will not register anything until Shantawood revert back the
money.

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 14:46 | Report Abuse

Then resell to another buyer for quick profit

Peter2357

597 posts

Posted by Peter2357 > 2019-11-24 15:16 | Report Abuse

Shantawood is a wholly owned subsidiary of DPS.

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 15:23 | Report Abuse

And DPS had deposited 50mil cash to Shantawood to develope Bukit Rambai excluding 25mil in escrow

SinGor

4,902 posts

Posted by SinGor > 2019-11-24 16:02 | Report Abuse

https://www.malaysiakini.com/news/501053

Taman Bukit Ramabai is not far for Tanjung Bruas

Teh Diven

4,155 posts

Posted by Teh Diven > 2019-11-24 18:29 | Report Abuse

Peter just don't care abt the price. He just focus on snc

fl888

7,722 posts

Posted by fl888 > 2019-11-25 08:34 | Report Abuse

DPS must become Democratically Punt Stock like HK...

tualp

452 posts

Posted by tualp > 2019-11-25 13:17 | Report Abuse

Buy now, coming quarter report profit approximately RM3.5Million....Sapu before too late.....

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-25 13:30 | Report Abuse

wah....new ID....maybe Peter's father-in-Law giving Tips.....5mil profit...i sai-lang

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-25 13:45 | Report Abuse

https://www.malaysiakini.com/news/501141

Furniture Biz Not dying but Dps export biz got no profit

ceres22

895 posts

Posted by ceres22 > 2019-11-25 15:10 | Report Abuse

tualp, where u get the info or u simply hentam the figure? not losing consider bonus for dps, lol

persie

1,412 posts

Posted by persie > 2019-11-25 15:24 | Report Abuse

Why always there buying 1 lot ? Better sapu all at 6.5c...

Teh Diven

4,155 posts

Posted by Teh Diven > 2019-11-25 16:04 | Report Abuse

Useless counter....

fl888

7,722 posts

Posted by fl888 > 2019-11-25 19:17 | Report Abuse

Should start a petition to wind up DPS and maybe we can get better return from our shares..since Peter is still sleeping on the job

fl888

7,722 posts

Posted by fl888 > 2019-11-25 20:58 | Report Abuse

Noted kk7198,,and ‘tks....think I should keep what I sow to reap a big harvest for CNY...

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