DESTINI BERHAD

KLSE (MYR): DESTINI (7212)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.335 - 0.34

Trading Volume

96,100


11 people like this.

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

Posted by Smart_invest > 2018-05-17 11:36 | Report Abuse

still good chance upward? i think it atleast worth 35cts...but now like no energy and no movement

ohbeeyee

131 posts

Posted by ohbeeyee > 2018-05-17 13:50 | Report Abuse

New defence minister from PH, this comp. main business is aircraft maintenance from RMAF , what is the long-term prospects ?
Is IB so kind hearted to inform us its oversold or mayb want to clear some stk for client ?

ohbeeyee

131 posts

Posted by ohbeeyee > 2018-05-17 13:51 | Report Abuse

could be just a v. short-term rebound only,

ohbeeyee

131 posts

Posted by ohbeeyee > 2018-05-17 13:55 | Report Abuse

oversold, can keep oversold for some time, not a golden rule, it will rebound one,smart guy

Sanofi

577 posts

Posted by Sanofi > 2018-05-17 14:31 | Report Abuse

Destini is a one-stop engineering solutions provider with diverse interest in the aviation, marine, land transport as well as O&G sectors. With a core business in ensuring safety and survival equipment efficiency in these industries, the Group excels in being one of the leading maintenance, repair and overhaul (MRO) service provider in the regions. To date , Destini has expanded its geographical footprint over the Asian, Australian, Middle East and European regions

Sanofi

577 posts

Posted by Sanofi > 2018-05-17 14:31 | Report Abuse

Destini’s core business of maintenance, repair and overhaul (MRO) safety and survival equipment for the Royal Malaysian Arm Force (RMAF) is defensive and has high barrier of entry and its orderbook of ~RM930m could provide earnings visibility for FY18-19. With the group’s proven expertise and experience as well as good track record and competitive pricing, we see there are good chances of success in new helicopter supply, vessel construction orders and rail related contracts. Many of the existing and new contracts will also provide MRO service opportunities.

Sanofi

577 posts

Posted by Sanofi > 2018-05-17 16:12 | Report Abuse

Puncit!

HowAh

963 posts

Posted by HowAh > 2018-05-18 00:32 | Report Abuse

Every time got write up about this stock it goes down further .... Why is that? Hmmmm

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 10:17 | Report Abuse

just let it down.. let clear the contra kaki first and wait for the share buyback next 2 weeks.

lssy

23 posts

Posted by lssy > 2018-05-18 10:32 | Report Abuse

too bad for now

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-05-18 10:32 | Report Abuse

10 sen can buy!!! Ha..ha..ha...

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 10:43 | Report Abuse

Now depend on you already@Rozabil, when and how much you want to push up?

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 11:08 | Report Abuse

Push up to entice investors

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 11:31 | Report Abuse

TP 50cent

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 14:34 | Report Abuse

Rozabil! You didn't support for today meh?

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 14:40 | Report Abuse

look like today buang case!

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 15:29 | Report Abuse

Toll counters buang case too!

ZEPAN

606 posts

Posted by ZEPAN > 2018-05-18 17:13 | Report Abuse

No much hope for this counter, lack support lah

Sanofi

577 posts

Posted by Sanofi > 2018-05-18 20:45 | Report Abuse

yala, Rozabil la, tak mau support!

Bull333

112 posts

Posted by Bull333 > 2018-05-19 21:23 | Report Abuse

pumping another 100k it will fly soon string FA counter

kevinchong

646 posts

Posted by kevinchong > 2018-05-20 10:27 | Report Abuse

Tomorrow will reach .0.260 first

ohbeeyee

131 posts

Posted by ohbeeyee > 2018-05-20 10:35 | Report Abuse

this Rozabil, Perlis UMNO treasurer,do business the UMNO way, it was easy then, will Destini survive long in today's radically changed scenario ? Does he have the deep pockets to pump up ?? The banks could be more worried than him....

Sanofi

577 posts

Posted by Sanofi > 2018-05-21 21:59 | Report Abuse

if i dont believe then ?

Sanofi

577 posts

Posted by Sanofi > 2018-05-21 23:39 | Report Abuse

Rozabil why you didn't trust your company? I just scare you privatise it only!

st0ckraider

3,637 posts

Posted by st0ckraider > 2018-05-22 09:44 | Report Abuse

rozail, destini sink like mad. u get what u wish

Hope88

324 posts

Posted by Hope88 > 2018-05-22 10:04 | Report Abuse

feel sad to it drop so much

st0ckraider

3,637 posts

Posted by st0ckraider > 2018-05-22 10:33 | Report Abuse

ya u the most brilliant for buying destini hahahaha

Sanofi

577 posts

Posted by Sanofi > 2018-05-22 11:48 | Report Abuse

Foreign fund offload heavily in bursa Malaysia!

kevinchong

646 posts

Posted by kevinchong > 2018-05-22 15:51 | Report Abuse

Buy in 300lot 220 yeah

Hope88

324 posts

Posted by Hope88 > 2018-05-22 19:40 | Report Abuse

kevinchong why confident about this company?

kevinchong

646 posts

Posted by kevinchong > 2018-05-22 20:40 | Report Abuse

This company no only have project at Malaysia,still have 60% at oversea project, price should at 0.350 . Already oversell ,wait n see

Tp one 0.245 tp two 0.290 tp three 0.350

kevinchong

646 posts

Posted by kevinchong > 2018-05-22 20:42 | Report Abuse

Just only drop tp ,no be back 0.800 tp

Hope88

324 posts

Posted by Hope88 > 2018-05-22 20:48 | Report Abuse

hope you are right Mr. kevinchong
we are in same boat now

kevinchong

646 posts

Posted by kevinchong > 2018-05-22 20:58 | Report Abuse

KUALA LUMPUR (May 22): Destini Bhd, an integrated engineering solutions provider, has clinched a two-year oil and gas contract to provide a tubular running services in Pakistan, worth US$8 million or RM31.76 million.

Destini said the contract was awarded by Lyallpur Oil Tool Pvt Ltd (LOT) to its wholly-owned Destini Oil Services Sdn Bhd. Spanning from July 1, 2018 to June 30, 2020, Destini said the contract comes with a one-year extension option.

This award, Destini said, is one stone for Destini to build its oil and gas presence in the Middle East, which is also in line with the group’s aim for geographical expansion and an increase in contribution from its commercial businesses.

In accordance with the contract award, Destini said it will provide specialised oilfield equipment and experienced expatriate personnel for LOT to execute tubular running services.

LOT has interests in downhole drilling and completion products. It also provides oil and gas services in the Middle East and North Africa region.

“The board of directors of Destini, after having considered all aspects of the letter of award, is of opinion that it is in the best interest of Destini,” the company said in a separate filing with Bursa Malaysia today.

Destini said crude oil prices have been on the rising trend since the start of the year, ranging from US$63 per barrel to US$75 per barrel.

“The market is optimistic that oil price could potentially shoot above US$80 per barrel, which could make the sector positive again,” it added.

Destini is listed on the Main Market and it is controlled by president and group chief executive officer Datuk Rozabil Abdul Rahman, who is linked to UMNO.

Destini shares have suffered from the selling pressure since the market resumed trading after the 14th general election. Its share price has almost halved from 43 sen on May 8 and closed at 22.5 sen today, for a market capitalisation of RM259.93 million.

Sanofi

577 posts

Posted by Sanofi > 2018-05-22 21:20 | Report Abuse

Good job! Rozabil

Sanofi

577 posts

Posted by Sanofi > 2018-05-22 21:21 | Report Abuse

Actually Tp can go up to 40cent

kevinchong

646 posts

Posted by kevinchong > 2018-05-22 21:27 | Report Abuse

0.350 already no bad de

Hope88

324 posts

Posted by Hope88 > 2018-05-22 21:52 | Report Abuse

hope 22cts is a bottom

Sanofi

577 posts

Posted by Sanofi > 2018-05-22 21:53 | Report Abuse

This company acquired a lot of foreign companies last year, which are involve in military training and services, that why last year, net profit down. some more the company still has almost 1 billion project on hand, and they yet to realize any profit from the 3 vessels.

Pavillion

3,100 posts

Posted by Pavillion > 2018-05-22 23:12 | Report Abuse

Unnecessary risk for MOF/ Armed forces for having 17% equity. Will they reviews it.

kevinchong

646 posts

Posted by kevinchong > 2018-05-23 00:43 | Report Abuse

(吉隆坡22日讯)DESTINI(DESTINI,7212,主板贸服股)宣布,获得巴基斯坦公司Lyallpur Oil Tool公司(简称LOT)颁发价值800万美元(约3176万令吉),与钻井相关的下套管服务合约。

该公司今日向交易所报备,是通过独立子公司——Destini Oil服务私人有限公司获得该合约;将提供相关器材的专才,和有经验的专才给LOT,以在巴基斯坦进行下套管服务,为期2年。

该合约还有1年延长的选择权。

LOT是钻井公司,主要业务在中东和北非国家。

DESTINI总裁兼总执行长拿督罗查比阿都拉曼通过文告指出,这是该公司进军中东重要的踏板,也符合其地理扩张和提升商务业务贡献的目标。

“一旦该合约开始,将会对公司作出正面贡献。”

他相信,油价若高过每桶80美元,将对整个油气领域有利

Posted by thunderbird > 2018-05-23 10:28 | Report Abuse

obviously 22cts is not bottom, bottom could be 20cts or below 20cts

Sanofi

577 posts

Posted by Sanofi > 2018-05-23 10:41 | Report Abuse

Foreign funds selling!

Sanofi

577 posts

Posted by Sanofi > 2018-05-23 11:06 | Report Abuse

not only this counter, you can check with others as well all in red!

Posted by mahathir mohamad > 2018-05-23 12:13 | Report Abuse

someone will take this company soon. buy buy buy

Posted by mahathir mohamad > 2018-05-23 12:15 | Report Abuse

buy buy buy

Sanofi

577 posts

Posted by Sanofi > 2018-05-23 12:39 | Report Abuse

this is what i scare, price too low for privatization!

Sanofi

577 posts

Posted by Sanofi > 2018-05-23 12:40 | Report Abuse

if they offer you 25cent, would you accept ?

Posted by mahathir mohamad > 2018-05-23 12:52 | Report Abuse

im not like stockalliance shouting buy buy, and then silent after he sell when his follower enter.

Posted by thunderbird > 2018-05-23 13:50 | Report Abuse

stockalliance is stupid, i agreed

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