Posted by 007007 > 2021-11-25 08:54 | Report Abuse

Sour grapes @gemfinder already ran away.

Posted by troy88 > 2021-11-25 09:18 | Report Abuse

Closed for one month and yet can still make good profits. The growth of this company is proven!

Posted by troy88 > 2021-11-25 09:44 | Report Abuse

Feel sorry for the panic sellers who got scared off by some silly naysayer comments past few months..

Posted by 007007 > 2021-11-25 10:02 | Report Abuse

That's why always becareful not to be cheated by sour grapes commentators.....they just want you to join them in their sour grapes club.

Posted by Swimmer > 2021-11-25 10:07 | Report Abuse

To all panic sellers, anything below 6 just close eyes & buy. Don't even think just buy only. Tis is a double digit counter.

Posted by TedTock > 2021-11-25 10:08 | Report Abuse

Yep, buy and hold. RM5+++ will be gone soon in my opinion

Posted by denniszzbl > 2021-11-25 10:11 | Report Abuse

TP RM8.50

Posted by troy88 > 2021-11-25 10:14 | Report Abuse

To naysayers, you don't know the profit results so don't simply shout bad result! Admin please take action on these jokers! Really sorry for those who cut lost and lost money.

Posted by TedTock > 2021-11-25 10:38 | Report Abuse

From The Edge - just for reading

KUALA LUMPUR (Nov 24): D&O Green Technologies Bhd's net profit increased 26% to RM18.6 million for the third quarter ended Sept 30, 2021 (3QFY21), from RM14.73 million a year earlier, on strong demand for automotive LED.

Revenue increased 10% to RM174.57 million from RM158.86 million, the group's bourse filing showed.

The group said that while its factory was shut down for 24 days, from July 8 to July 18 and Aug 9 to Aug 23, to curb the spread of Covid-19, it still managed to record revenue growth, supported by strong growth in global automotive LED demand and progressive commercialisation of new business wins.

Its performance was also supported by better cost management and production efficiency improvements, which were partly offset by higher administrative expenses incurred in the implementation of Covid-19 preventive measures.

D&O said it also benefitted from the reversal of the over provision of 2020 income tax expense during the quarter.

For the cumulative three quarters ended Sept 30, 2021, D&O's net profit surged 272% to RM71.89 million, from RM19.33 million a year ago, while revenue jumped 61% to RM588.87 million from RM366.21 million.

Looking ahead, the group expects a strong sequential rebound in sales revenue and profit in the last quarter of FY21, adding that its 90% subsidiary Dominant Opto Technologies Sdn Bhd's expanded capacity has been fully booked for the quarter.

"All employees have completed two doses of vaccination under the MITI PIKAS programme. On Nov 11, 2021, Dominant kicked off the booster vaccination programme (third dose).

"The completion of the vaccination programme, coupled with robust internal Covid-19 preventive measures in place, is expected to substantially reduce the risk of further production disruption," it said.

D&O's share price fell six sen or 1.01% to RM5.87, giving the group a market capitalisation of RM7 billion.

Posted by Swimmer > 2021-11-25 10:39 | Report Abuse

15mill is still a record profit considering the closed of business due to MCO.

Posted by troy88 > 2021-11-25 10:43 | Report Abuse

If the company is doomed because of one month closure due to MCO then all businesses should just close shop for good and sell nasi lemak on the roadside. Really silly those naysayers.

Posted by 007007 > 2021-11-25 12:01 | Report Abuse

Early next year likely a bonus issue for loyal shareholders.....

Posted by slts > 2021-11-25 16:05 | Report Abuse

PE 70x, IBs wan to unload their shares

Posted by newbie2828 > 2021-11-25 20:05 | Report Abuse

pe70 if high why not buy gloves at pe 2-4

Posted by 007007 > 2021-11-25 21:53 | Report Abuse

You can buy Supermax at PE of 1 only. Or buy AYS at PE of 2 only.

Posted by Cakes Moon > 2021-11-26 12:51 | Report Abuse

Suddenly crash.

Posted by Swimmer > 2021-11-26 14:24 | Report Abuse

Chance to top up

Posted by Cakes Moon > 2021-11-26 15:14 | Report Abuse

Very volatile counter, prove that buy low sell high actually works.
Wait to enter at RM5.55.

Posted by I3deletemycomment > 2021-11-26 15:15 | Report Abuse

Even pe 1 or pe 100 the same
Taiko Andy come all company kaput
Limit down like ata
No top or good company can run away from Taiko andy.
Malaysia become his playing ground.
More to come ,wont end tg,super,darby,ata.

Posted by 007007 > 2021-11-27 11:28 | Report Abuse

https://www.bloomberg.com/news/articles/2021-11-26/tesla-china-plant-nearing-capacity-spurs-188-million-upgrade?srnd=premium-asia

Posted by 007007 > 2021-11-28 08:12 | Report Abuse

https://www.reuters.com/technology/xiaomi-open-car-plant-beijing-with-annual-output-300000-vehicles-beijing-govt-2021-11-27/

Posted by Sami_Value > 2021-11-29 11:27 | Report Abuse

last week shake out strong

Posted by denniszzbl > 2021-11-30 10:30 | Report Abuse

drop?

Posted by Swimmer > 2021-11-30 19:11 | Report Abuse

dennis, drop what??

Posted by 007007 > 2021-12-01 06:53 | Report Abuse

https://www.cnbc.com/2021/11/30/auto-executives-say-more-than-half-of-us-car-sales-will-be-evs-by-2030-kpmg-survey-shows.html

Posted by gladiator > 2021-12-02 15:40 | Report Abuse

Next collapse is D&O PE=69 extreme high is a time bomb. OSRAM Licht AG a German company doing led for EV forward PE=24 only. Current PE not available because still suffer loss. What makes D&O led so special that it can compete with German Osram led that it deserve high PE of 70?

Posted by Cakes Moon > 2021-12-02 20:48 | Report Abuse

Keep drop, unable to break RM6 decisively.
Weak.
Better sell first & buy back 1 year later.

Posted by 007007 > 2021-12-03 16:24 | Report Abuse

Whether certain companies deserve high or low PE ratios is up to the market to determine, not up to anyone of us to decide.

Posted by newbie8080 > 2021-12-06 10:20 | Report Abuse

@007007

Agreed.

Invest based on fundamentals and based on your own ideal PE.
At PE=50 can be high to certain people, but it can be low for others.

However, IB has their own set of PE for each industry the cover, can make use as reference only.

Posted by Cakes Moon > 2021-12-06 10:55 | Report Abuse

Tech stocks already habis cerita?
All drop this year.
Last year up too much, this year somebody need to pay for the bills on luxury confominium.

Posted by 007007 > 2021-12-06 12:45 | Report Abuse

This stock is meant to be invested for many years, not just for this year.

Posted by TedTock > 2021-12-06 14:45 | Report Abuse

The drop is not a D&O problem, it’s a bursa problem

Posted by treasurehunt > 2021-12-06 14:49 | Report Abuse

Bursa Technology mania is gone with the forced labour issue.

Posted by Cakes Moon > 2021-12-14 11:47 | Report Abuse

Consolidating.

Posted by Dragon88 > 2021-12-14 12:22 | Report Abuse

some price correction but the uptrend is still intact, no need to worry

Posted by 007007 > 2021-12-14 12:26 | Report Abuse

Fund manager collecting.....

Posted by wallstreetrookie > 2021-12-14 14:29 | Report Abuse

soaring dollar and surging food and fuel prices.

The new variant poses a dilemma for some central banks: Should they simply wait to see its impact, or act pre-emptively?

Major central banks spent much of the year telling investors that the surge in consumer prices would prove temporary. They have dialed back those claims in recent weeks as inflation soared ever higher. Global supply-chain bottlenecks, one cause of higher prices, are now expected to persist through at least the first half of 2022.

“I think there is a concern that inflation isn’t coming back down as quickly as people had felt and central banks need to react,” said Iain Stealey, a portfolio manager with J.P. Morgan Asset Management.

WSJ | Markets

Posted by calvintaneng > 2021-12-15 13:38 |

Post removed.Why?

Posted by calvintaneng > 2021-12-15 13:46 | Report Abuse

Pang72

Your Gpacket crashed 95% from Rm1.60 to 7 sen
Mmag also crashed over 90%
Your genetec crashed from Rm50 to Rm36

Now you still want to chase hot air balloon?

Posted by ahbah > 2021-12-18 16:18 | Report Abuse

" this is a too high risk mkt now = only < 3% of all stocks on klse r uptrending "

only < 3% of all stocks on klse r uptrending vs 97% down trending.

Like that, banyak susah to make moni lah. I better hang out my white flag

n get out from the mkt n cry over my mkt loss like a small kid even u

laugh at me !!!

Posted by ahbah > 2021-12-18 16:29 | Report Abuse

" The general mkt on KLSE was weak n scary. "

Why like that ?

Foreigners n local institutions are also selling out from the weak n

scari mkt. Why ?

Posted by NatsukoMishima > 2021-12-21 08:26 | Report Abuse

Shares of electric vehicle companies tumbled Monday following the apparent failure of President Joe Biden’s “Build Back Better” plan that includes significant incentives for the growing sector.

Posted by 007007 > 2021-12-24 11:48 | Report Abuse

https://www.cnbc.com/2021/12/23/huawei-joins-chinas-electric-car-race-in-competition-with-tesla.html

Posted by 007007 > 2021-12-24 11:53 | Report Abuse

Huawei will speed up autonomous driving in EVs.

Posted by newbie2y > 2022-01-03 11:03 | Report Abuse

wow first day of the year jiu lai le..!!

Posted by troy88 > 2022-01-03 11:09 | Report Abuse

Always comes back as said many times

Posted by amateurJR > 2022-01-03 11:11 | Report Abuse

haha calvin might strike this yr, This yr might be a good year for plantation

Posted by 007007 > 2022-01-03 21:39 | Report Abuse

https://www.cnbc.com/2022/01/02/tesla-tsla-q4-2021-vehicle-delivery-and-production-numbers.html

Posted by gemfinder > 2022-01-04 11:30 | Report Abuse

tech tech!!!

Posted by 007007 > 2022-01-06 16:07 | Report Abuse

@gemfinder.....D&O is more of an automotive stock than a tech stock. The bulk of their market is the automotive LED industry. Not really tech.