DESTINI BERHAD

KLSE (MYR): DESTINI (7212)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.345

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


11 people like this.

6,794 comment(s). Last comment by Trader9 1 week ago

lboonk79

486 posts

Posted by lboonk79 > 2014-05-30 13:54 | Report Abuse

is coming! Watch

lboonk79

486 posts

Posted by lboonk79 > 2014-05-30 14:08 | Report Abuse

no watch, buy!!!!!!!

livermore

270 posts

Posted by livermore > 2014-06-04 12:49 | Report Abuse

Please goreng now

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-06-04 15:12 | Report Abuse

World cup is coming, market is so quiet. Destini wont goreng now.

livermore

270 posts

Posted by livermore > 2014-06-04 15:14 | Report Abuse

Dang... have to wait for world cup to be first...

BumbleBee

602 posts

Posted by BumbleBee > 2014-06-04 15:41 | Report Abuse

Yes, that is correct. Want to know more when the stock market take at break? Read at http://shareinvestormalaysia.com/stock-market-takes-a-break-malaysia/

lboonk79

486 posts

Posted by lboonk79 > 2014-06-05 15:48 | Report Abuse

start goreng already!!!!!!!!!!!!!

Posted by ikanbilis1983 > 2014-06-08 00:36 | Report Abuse

I feel n good smell at destini...

Posted by bocca ngilerrr > 2014-06-08 09:05 | Report Abuse

next week look uptrend ..they hv bought at 0.655

Tripaka

2,959 posts

Posted by Tripaka > 2014-06-09 10:27 | Report Abuse

good counter...... on the move...beginning

livermore

270 posts

Posted by livermore > 2014-06-09 16:24 | Report Abuse

more to come?

Posted by SDK250671 > 2014-06-09 19:37 | Report Abuse

Stagnant f

Posted by SDK250671 > 2014-06-09 19:37 | Report Abuse

Stagnant for so long

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-06-09 19:49 | Report Abuse

damn it destini-wa 0.375, lose chance to join in this time. I was late to join at 0.330. Now have to change my plan to queue destini-wa at 0.335.

investaiko

201 posts

Posted by investaiko > 2014-06-09 23:24 | Report Abuse

just bought destini-wa 0.350 today.....:)......will move higher tomorrow

Posted by Pinnacle88 > 2014-06-10 21:13 | Report Abuse

Destini- more to come despite placement share price keep rising. Agm soon. Latest news to acquire remaining portion of vanguard equity.

Ecofirst- bonus warrant approved. Awaiting agm n egm this month. Price now highest since new CEO on board.

Silk- bye bye despite potential upward.

Econpile- new ipo.
Rumour cited prospectus out middle of this week,closing middle of next week n listg end of this month.
Likely ipo price at 54 sen.
Private placement portion more than 16x oversubscribed.
Only approx. 25% share float for listing.

Note: invest at your own risk.

livermore

270 posts

Posted by livermore > 2014-06-11 13:29 | Report Abuse

please up some more today

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-06-11 15:01 | Report Abuse

Destini-wa wait for me, please drop more. I come collect. TP 0.40

Posted by fairuzmohd > 2014-06-12 08:21 | Report Abuse

DESTINI can you break today...fly height.

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-06-12 15:19 | Report Abuse

Destini-wa drop more please! 0.345

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-06-12 15:35 | Report Abuse

Agreed with Tripaka.
Earn 1 round already.

Posted by kinkudes_hc > 2014-06-12 17:22 | Report Abuse

gapped down.... sigh~~~

Tigerbeer

390 posts

Posted by Tigerbeer > 2014-06-13 16:17 | Report Abuse

interested to know more this counter..

supargas

14 posts

Posted by supargas > 2014-06-13 16:31 | Report Abuse

They will announce big project by mid next month. Keep buy

Tripaka

2,959 posts

Posted by Tripaka > 2014-06-13 16:54 | Report Abuse

Next uptrend on the way.

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-06-13 20:58 | Report Abuse

Yes, this is a good counter. TP 0.70 in short.term is not a problem anymore. The son will soon reach to 0.40

supargas

14 posts

Posted by supargas > 2014-06-16 09:08 | Report Abuse

Assalammualaikum and good morning. Keep buying in this ctr.

supargas

14 posts

Posted by supargas > 2014-06-16 11:33 | Report Abuse

Start moving , AGM end of this month. Ada good news

supargas

14 posts

Posted by supargas > 2014-06-16 15:39 | Report Abuse

Don't miss the boat. Going to north

Ericster

16 posts

Posted by Ericster > 2014-06-16 16:05 | Report Abuse

Apa good news?

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-16 18:40 | Report Abuse

Integrated Engineering Solutions Provider With A Promising ‘Destini’
A year since its upliftment from PN17 status, Destini has transformed into an integrated
engineering solutions provider, which would see its newly acquired oil & gas tubular
handling services business contributing approximately 40% to its earnings. A potential
key catalyst would be securing a RM1b 5-year aviation maintenance, repair and
overhaul (MRO) JV contract, which could raise our SOTP target price to RM1.17-1.28
(from the current RM0.87). We initiate with BUY and a target price of RM0.87, derived
from 8-15x 2015F PE for Destini’s various business divisions and a 10% discount to our
SOTP valuation.
INVESTMENT HIGHLIGHTS
 An emerging integrated engineering solutions provider. Destini had undergone
a series of acquisitions that has transformed the company from a pure aviation MRO
service provider into an integrated engineering solutions provider focusing on the
aviation, marine (Vanguard Composite Engineering Pte Ltd (Vanguard) and Techno
Fibre Corp (TFC)) and O&G (Samudra) industries.
 Excitement in all three business segments. We are excited over the prospects of
all of Destini’s three business divisions, following management’s decision to venture
into the non-government sector. Destini’s aviation division is backed by a strong
orderbook of RM251m, which could generate RM50m-55m to bottom line over the
next three years. A potential re-rating catalyst for Destini would be securing a RM1b
5-year MRO JV contract from the Middle East that could boost earnings by RM22m-
30m p.a. and raise our SOTP target price to RM1.17-1.28. For the marine division,
the key excitement would be the company’s strategy to shift its focus to the
manufacturing of O&G lifeboats and the potential tie-up with industry leaders. For
the O&G division, the orderbook of RM750m underpins our projected 3-year
earnings CAGR of 62%.
 FY14-15 PATAMI growth of 440% and 59% respectively. We forecasts earnings
to leap four-fold in FY14 underpinned by a) 9-month contribution from its recently
acquired Samudra Oil Tubular Handling Services business; b) full-year earnings
contribution from TFC (vs a 3-month contribution in FY13) and c) full earnings
contribution from Vanguard (vs 51% stake in Vanguard in FY13). For FY15, our
projected earnings growth of 59% took into account full-year contribution from
Samudra Oil and the respective earnings growth of 10-64% from the marine and
aviation MRO businesses respectively. Our forecasts thus imply a 3-year PATAMI
CAGR of 108%.
 Initiate coverage with BUY and SOTP target price of RM0.87, derived from: a)
15x 2015F PE on the aviation MRO segment, b) 15x 2015F PE for O&G segment, c)
10x 2015F PE on the Others segment, and d) 10% discount to our SOTP valuation
of RM0.97

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-16 18:41 | Report Abuse

An emerging integrated engineering solutions provider. Destini’s business
expansion plan has transformed the company from a pure aviation MRO service
provider, into an integrated engineering solutions provider focusing on the aviation,
marine and O&G industry. Despite the diversified industries involved, Destini’s
businesses remain focused on the distribution and provision of safety and survival
equipment/services. We opine that Destini’s growth strategy that has thus far
focused on brownfield acquisitions had allowed the company to grow at a faster
pace.

supargas

14 posts

Posted by supargas > 2014-06-16 20:38 | Report Abuse

Thanks Johnny cash

kelvinongbk

1,078 posts

Posted by kelvinongbk > 2014-06-17 08:37 | Report Abuse

this two days...some big player is trying to limit the upward trend by putting huge selling road block..guess they are trying to accumulate more shares..

keepcoming

154 posts

Posted by keepcoming > 2014-06-18 10:50 | Report Abuse

this stock is coming

supargas

14 posts

Posted by supargas > 2014-06-18 11:57 | Report Abuse

Don't miss the boat. I am still accumulate this ctr

Tripaka

2,959 posts

Posted by Tripaka > 2014-06-18 13:35 | Report Abuse

Good counter.,....

Posted by optimusx8888 > 2014-06-18 13:36 | Report Abuse

technically the sky is the limit. pinjam from otb famous quote!

kelvinongbk

1,078 posts

Posted by kelvinongbk > 2014-06-18 13:37 | Report Abuse

will be RM1 in the coming weeks..

Posted by optimusx8888 > 2014-06-18 18:06 | Report Abuse

who got buy ? i said the sky is the limit mah, sell all your encorp-wa, L&G, PJD-wc and everything your sifu (u know who) recommended and buy this rocket stock.

Posted by labursaham > 2014-06-18 20:40 | Report Abuse

Material announcements in the pipeline.

Posted by optimusx8888 > 2014-06-18 20:41 | Report Abuse

George solos take up the placement.

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-06-18 20:50 | Report Abuse

optimusx8888 , it is better Both Najib and mahatir taking up the PP ,HIHIHI

Posted by Pinnacle88 > 2014-06-18 21:57 | Report Abuse

My 3rd target price at 70 sen hit today.

Looking forward at 80 sen before agm.

oil n gas contribute positively n likely book value more than rm 700m...

note: invest at yr own risk.

iwtbsi

58 posts

Posted by iwtbsi > 2014-06-19 08:24 | Report Abuse

the pe now is 50+, is it worth to buy? What is the prospect?

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-19 10:00 | Report Abuse

Destini (DSTN MK)
Technical BUY with +20.8% potential return
Last price : RM0.72
Target Price : RM0.805, RM0.87
Support : RM0.685
Stop-loss: RM0.655
BUY with a target price of RM0.87 with stop
loss placed at below RM0.655. Share price has
been advancing along the steeper trendline in
the past 10 weeks. Yesterday’s breakout
above our initial target and the previous high of
RM0.705 should instill a more bullish bias as
the renewed buying interest is likely to spur
further upside. A bullish crossover in both the
MACD and Stochastics suggests rising
momentum which should drive share price
higher along the upward sloping 10-day and
21-day SMA lines. Moving forward, we expect
the uptrend to resume, given the new up-leg
being established. We peg our medium-term
upside target at the 1.61x Fibonacci extension
target of RM0.87.

Posted by screwdriver > 2014-06-19 17:28 | Report Abuse

http://youtu.be/8g_n1cQlVTo?t=46s
destini fits into one of the lines in the song perfectly xD

Posted by labursaham > 2014-06-19 22:32 | Report Abuse

Optimusx8888 Sure when there are people like you that talk crap without adding value. Why is it I'm not surprise?

Posted by diegocosta > 2014-06-19 22:33 | Report Abuse

optimusx guided me to holland :(

Posted by optimusx8888 > 2014-06-19 22:36 |

Post removed.Why?

Post a Comment
Market Buzz