Posted by IBanker > 2017-03-06 20:03 | Report Abuse

Good prospect company. RM1 short-medium term.

Posted by Kahkahtu > 2017-03-07 12:58 | Report Abuse

TP 0.60..sapu

Posted by investor8888 > 2017-03-07 13:06 | Report Abuse

hope this week can touch 0.50

Posted by kentrade888 > 2017-03-08 10:06 | Report Abuse

D&O [7204] - A wise move into automotive LED


Recently we witnessed the bull run of JHM and IQGROUP. JHM went up from RM1.40 to RM2.00 (+42%) in just 3 months; IQGROUP, one of our T&G stocks, up from RM2.22 to RM3.00 (+35%) in just 3 months as well. If you ask me, I would think that LED industry could be the next big thing since many of the traditional lighting are slowly being replaced by LED. According to LEDinside report, the LED industry is expected to expand on a CAGR of 15% from US$2.93bil to US5.2bil in 2020. Hence, for those who are looking for long-term investment, LED industry is definitely one of the safest bet amid the uncertainties the world is experiencing.

D&O Green Technologies (or simply D&O) operates primarily in semiconductor industry providing services of OEM, ODM and OBM in automotive, general lighting, backlight unit and sensor applications. Majority of its customers are located in the Asian markets, making up more than 65% of its total revenue, where 20% of its revenue is coming from the European customers, and on top of that, we could observe that the U.S. customers are doubling from mere 5% to almost 10% of its revenue in its latest quarterly report.

In terms of sales, 70% come from the automotive segment, 29% from general lighting and 1% from backlight units for televisions. In the recent years, D&O's key earning contributor, Dominant Opto Technologies, has emerged as a renowned automotive lighting supplier in major European and American countries. D&O manufactures LEDs for automotive dashboard backlight, electric windows, signal lights on car gear sticks, exterior automotive signal lights, stop lights and may venture into developing headlights in the future. According to PublicInvest Research, D&O has about 10% market share in the automotive interior lighting segment and its LED can be found in major car brands such as Volkswagen, Mercedes-Benz, Hyundai, Kia and Chinese car makers.

In the current LED market, it is dominated by international players such as Osram and Lumileds and majority of the headlight manufacturers are using these large brands, but D&O on the other hand, is actively pursuing the market shares in the taillight sector that is less competitive. As revealed in D&O's latest company direction, the management has pointed out that they are shifting their focus away from the highly competitive and volatile non-automotive segment and drilling their attention into the higher margin automotive segment.

As we could see here, the profit margin for D&O is fairly low even coming back from three consecutive years of losses. The profit margin has gotten slightly better (which is still pretty low IMO) only in 2015 when they begin to concentrate in the automotive segment.



Although profit margin remains low, what we could see here is that the PBT has increased year-on-year since 2013 and the most recent annual report has shown that the PBT in 2015 was more than double the previous year.




Even in its latest quarterly report, it was reported that although the revenue was lower due to their deliberate shift in business direction, the gross margin rose to 23% in 3Q16 (3Q15: 20%), bolstered by a favourable change in sales mix and a strengthening US Dollar against the Malaysia Ringgit. Speaking of the exchange rate, I am pretty sure that many of you here are aware of the depreciation of our local currency recently. As a net beneficiary of the strong US Dollar, it is believed that D&O may achieve an even better revenue in the near future since Malaysia Ringgit is forecasted to remain volatile and weak this year.




In terms of its financial position, D&O has turned from a net debt position into a cash-rich company after the disposal of 10% stake in Dominant Opto Technologies to Epistar, one of the world’s largest LED makers. Epistar is Taiwan's leading LED manufacturer and this partnership has so far brought in more sales and orders to D&O due to Epistar's prestigious status in the LED industry.


D&O broke above the resistance of RM0.41 with high volume to close up 3.5 cts @ RM0.435 on 3/3/2017. DMI & Stochastic are bullish. MACD is touching the Golden Gross.

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

Alamak, Buying like no tomorrow 0.530 .
Fund are really happy to buy up on D&O now.

Posted by VenFx > 2017-03-08 12:38 | Report Abuse

Not all ,,, my Rooster EGg only warming up now.

Posted by VenFx > 2017-03-08 12:39 | Report Abuse

COMel still worth to pay attention, as Icon8888 bro said result expected to be very good.

Posted by BBYFH > 2017-03-08 14:36 | Report Abuse

gogogogo ....

Posted by carmenong76 > 2017-03-08 16:27 | Report Abuse

now still able to buy in since shoot up 0.55 cent?

Posted by Alley83 > 2017-03-08 19:47 | Report Abuse

Still can enter now? Or wait till contra player out?

Posted by runnerman > 2017-03-08 19:55 | Report Abuse

Esok 0.6.....rm 1 coming

Posted by 368244 > 2017-03-09 08:34 | Report Abuse

wauuu

Posted by Alfred Aun > 2017-03-09 10:11 | Report Abuse

WOW! Get UMA already ...

Posted by Ng Kiat Siong > 2017-03-10 09:17 | Report Abuse

Reply to query from Bursa Malaysia Securities Berhad dated 9 March 2017

D & O GREEN TECHNOLOGIES BERHAD (“D&O” OR “THE COMPANY”)

- UNUSUAL MARKET ACTIVITY



The Board of Directors of the Company would like to respond to query raised by Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the Unusual Market Activity after making due enquiry with the directors and major shareholder of the Company.



Bursa Securities had requested the Company to respond to the following queries in accordance with Paragraph 9.11 of the Main Market Listing Requirements of Bursa Securities (“Bursa Securities LR”):-



1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions.

There has been no corporate developments relating to the Group’s business and affairs that have not been previously announced that may account for the trading activity.

However, it should be noted that the entire semiconductor industry is undergoing a consolidation process globally and as such, there are several parties who have approached the Company expressing interest. The Company is always open to opportunities to participate in the industry’s rationalisation, but at this present point in time, there is only preliminary discussions and there is no certainty at this stage of the discussions that will lead to signing of any definitive agreement.

In the event that there is any firm development, the Company shall make an immediate announcement to the public.

2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR.

We believe that there has been a surge in interest by investors after the release of the Company’s fourth quarter results ended 31 December 2016 on 22 February 2017.

In this report, the Company announced higher sales and profits due to a change in its business focus. The Company has shifted its focus from the highly competitive, volatile consumer electronic and general lighting segments as elaborated in note B2 of the fourth quarterly results as announced on 22 February 2017.

This change in business focus, coupled with the burgeoning global automotive industry as stated in note B3 of the fourth quarterly results announcement could account for the trading activities of the Company.

The increase in investors’ interest may also arise from an analyst report on the Company by Public Investment Bank dated 6 March 2017.

3. Whether you are aware of any other possible explanation to account for the trading activity.

The Company is not aware of any other possible explanation to account for the trading activity.

4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.

Yes, the Company is in compliance with the Bursa Securities LR.



This announcement is dated 9 March 2017

Posted by investor8888 > 2017-03-10 09:53 | Report Abuse

hope can touch 0.60 today.

Posted by LilyLL > 2017-03-10 11:37 | Report Abuse

I just bought D&O 0.575 hope before closing touch 0.600

Posted by LilyLL > 2017-03-10 12:08 | Report Abuse

Just break 0.600 higher tp0.615 lah

Posted by investor8888 > 2017-03-10 12:22 | Report Abuse

yes. alr touch 0.60. gong xi to LilyLL.

Posted by investor8888 > 2017-03-10 12:23 | Report Abuse

wait n c second half show.

Posted by Newnew123 > 2017-03-10 13:11 | Report Abuse

Rm 1

Posted by Alley83 > 2017-03-13 17:55 | Report Abuse

Good correction.. looking forward 0.65

Posted by fattchoy168 > 2017-03-14 11:26 | Report Abuse

really can looking forward 0.65? now already at 0.57. How ar???

Posted by Alley83 > 2017-03-14 11:50 | Report Abuse

Continue top up or cut lost

Posted by calvinteo > 2017-03-14 12:40 | Report Abuse

Imho likely due to broker firm imposed price restriction on this counter...

Us rate announcement soon and consolidation now. Shld accumulate .......

Invest and or trade at yr own risk!

Posted by fattchoy168 > 2017-03-14 13:41 | Report Abuse

what is the TP? Still 1.00 achievable??

Posted by John Lu > 2017-03-16 11:12 | Report Abuse

Go go go...hoseh

Posted by Alley83 > 2017-03-16 12:08 | Report Abuse

Collect profit

Posted by John Lu > 2017-03-16 14:06 | Report Abuse

Nobody follow me?

Posted by ATARAH > 2017-03-16 16:15 | Report Abuse

John
Just bought

Posted by ATARAH > 2017-03-16 16:15 | Report Abuse

I regret i did not come in earlier

Posted by ATARAH > 2017-03-16 16:22 | Report Abuse

D & O invest in Dominant in the key jewel that will propel it share very high
Dominant has others partner... more than car industry ..... led will be every where .....
This share has to keep term ....
Potential is explosive
Read website carefully especially who the partner in Dominant and What they say.
Almost every day up a few cents

Posted by Alley83 > 2017-03-16 17:16 | Report Abuse

I sold just now.. try to reenter on tomorrow morning

Posted by ATARAH > 2017-03-17 14:45 | Report Abuse

Ok very good already consolidated at 0.645 absorb profit taking ... now can bounce back

Posted by ATARAH > 2017-03-17 14:53 | Report Abuse

This counter more news to come... the top story is Mobileye ..... Notion V ... link to story...car no driver...coming soon in 2020.... link to future car.... in 2020 no driver .... libk to D&0 leds...
One of the shareholders in Dominant .... big company .... somene bought their shares for USD 300 millions... I remember the fact right .... big time coming .... D&0 will reveal the plan one at a time..... future LEDS lead to driveless car .... in 2020 .... 3 years form now...

One day they will buy Dominant which D&0 is major shareholders... what would be the offer price

Let how I see it only ... so read the website carefully and digest ....

I hesitated at 0.40 cents When I knew it.. then....

but ok with my small lots ...

Posted by calvinteo > 2017-03-17 16:10 | Report Abuse

Vroom.....

Posted by ATARAH > 2017-03-17 16:23 | Report Abuse

Rm0.80 first target by a research house. Then rest and digest like Dnex then after absorb profit taking ....up again....the way it move future big new coming

Posted by Alley83 > 2017-03-17 17:14 | Report Abuse

Wow

Posted by John Lu > 2017-03-17 17:20 | Report Abuse

Haha...breaking historical highest. Next week above rm1

Posted by VenFx > 2017-03-17 18:28 | Report Abuse

John Lu bro, 0.750 not enough untung kah ?

Posted by stockmanmy > 2017-03-17 18:33 | Report Abuse

ven

my wife sailang D & O

now very happy.

Posted by paperplane2016 > 2017-03-17 18:48 | Report Abuse

Walao. Theme is ready. Automatic car

Posted by VenFx > 2017-03-17 19:00 | Report Abuse

Manmy,
I feel happy to your wife investment chunchun call.
Hope to know how she has chosen the long sleeping counter like D&O, of course it's a super counter with bright future ahead.

I hope my Rooster EGg will perform like D.O.
Much more to learn from manmy wife.

Posted by stockmanmy > 2017-03-17 19:04 | Report Abuse

She does not sailang very often.

That is why it is so special.

She seldom venture out of Reits and super blue chips.

Posted by VenFx > 2017-03-17 19:06 | Report Abuse

Pls alert next time, if your wife got any counter to sailang again. :)

Posted by VenFx > 2017-03-17 19:09 | Report Abuse

Hope you will beat your wife record , manmy .

Posted by VenFx > 2017-03-17 19:09 | Report Abuse

You are the lucky man ...

Posted by stockmanmy > 2017-03-17 19:35 | Report Abuse

I wrote it here in the forum the day she sailang D & O.

did you see it?

I think she was influenced by the proton contractor.

Posted by Stock2017 > 2017-03-17 20:12 | Report Abuse

Be cautious, monday profit taking is expected as evidenced in today trading. A lot of sellers are waiting at 0.75.

Posted by LilyLL > 2017-03-17 22:37 | Report Abuse

Next week TP 0.80

Posted by Moon > 2017-03-17 23:38 | Report Abuse

Will price adjustment come since soaring rapidly ?