Posted by trader4567 > 2017-05-26 16:10 | Report Abuse

one week tracking the price than understood the stability ......??????

Posted by moneyface25 > 2017-05-29 10:58 | Report Abuse

i think this counter are quite reliable, all drop till father and mother cry but still can stand

Posted by SALAM > 2017-05-31 11:44 | Report Abuse

For this company, rely on transformation play by new owners...Good potential

Posted by trader4567 > 2017-06-13 15:17 | Report Abuse

denko no very much movement pass one week ????

Posted by moneyface25 > 2017-06-14 11:32 | Report Abuse

yesterday move up

Posted by air01557 > 2017-06-14 16:45 | Report Abuse

A loss making counter being manipulated by syndicates

Posted by michaelwong > 2017-06-14 17:16 | Report Abuse

Syndicate's are watching and Keep spying which counter recently had gone up powerful enuf to attract investors into the den . Company lost profits got nothing to do with them. Importantly they must make profits first . Investors are more concerned about their investment profits rather than the underlying fundermals of the companies

Posted by skng1717 > 2017-06-15 16:43 | Report Abuse

new business will injected soon.

Posted by SALAM > 2017-06-15 17:24 | Report Abuse

looks like ! and also cornered shares, easier to play up

Posted by aaron2014 > 2017-06-19 17:12 | Report Abuse

Good counter, renounce tml

Posted by moneyface25 > 2017-06-20 08:28 | Report Abuse

overall market drop yesterday

Posted by moneyface25 > 2017-06-20 11:42 | Report Abuse

why drop again?

Posted by moneyface25 > 2017-06-20 13:57 | Report Abuse

better renounce, frustrated counter, no bonus, no dividend , poor financial result

Posted by successor26 > 2017-06-20 14:03 | Report Abuse

The business development director leaving the company. Share price will drop further due to some major changes in the company. Wait for announcement from the new owner soon !

Posted by moneyface25 > 2017-06-20 14:13 | Report Abuse

this counter fair value only 0.38-0.50, very obviously wanna grab money from market, recently price up are being manipulated

Posted by Duitlai > 2017-07-06 15:37 | Report Abuse

Denko warm up again

Posted by moneyface25 > 2017-07-06 16:09 | Report Abuse

where got?

Posted by ZIHENG > 2017-08-23 14:53 | Report Abuse

@successor26, business director is not the key person, it is good news she leave.

Posted by ZIHENG > 2017-08-23 15:01 | Report Abuse

@moneyface25, yes, even employees also few years no bonus.

Posted by bpt1 > 2017-08-23 17:59 | Report Abuse

The Foo family bought out Denko's shareholders via reverse takeover and injected two major profit making companies ATA, an assembly manufacturer and Jabco, which specialises in air filter. Combined these two operations would provide substantial profits to the Group as they together with existing subsidiary Winsheng, an injection moulding company are part of Dyson Malaysia supply chain.

ATA is one of Dyson biggest prime contractors which makes various vacuum cleaner models at their plant in Senai, Johor. The other prime contractors listed in Bursa are VS Industry and SKP which also draw most of their profits from Dyson. Jabco at the moment is Dyson sole air filter supplier.

As an indication to future profitability of Denko when once all these 3 companies consolidate their earnings under the Group, VS and SKP would provide a fair measure. Take note that both VS and SKP net profits are in excess of RM100 million each with PE 21 and PE 17 times respectively on the back of 2.8 billion (VS) and 1.8 billion (SKP) turnover.

Also consider this fact. Denko total number of shares is only 104 million. This counter is definitely way under its intrinsic value.

Posted by bpt1 > 2017-08-23 18:06 | Report Abuse

As michaelwong posted on 14/6, syndicates may be suppressing its price at the moment or perhaps we may have to wait for Denko to reveal its full potential profitability before the price start to move upward.

Posted by ZIHENG > 2017-08-24 09:09 | Report Abuse

bpt1, Foo is using his personal name bought Denko's shares, is he promise he will inject two profit companies to Denko? And i don't think these two companies is fully owned by him.

Posted by ZIHENG > 2017-08-24 09:12 | Report Abuse

If i have two very profitable companies, why i want to inject to another company and share profit with public? Unless i have a very good reason and benefit to do so.

Posted by successor26 > 2017-08-24 12:33 | Report Abuse

There is no official announcement that Mr Foo have injected other two companies into Denko.
Mr Foo will not make such a wrong move to merge a successful companies with an unprofitable company.

This clearly shows speculators gang up to drive the share price to go up.

I hope public will not get cheated by this gimmicks.

Posted by ZIHENG > 2017-08-24 13:31 | Report Abuse

Few years ago, when Dato Ong family take over Denko, public also expect that Ong will inject in their profitable family companies, but finally nothing happen. To inject another profitable company, they should do some corporate activities, either right issue or private placement, all need ask $$ with public. Otherwise, don't think they will pump in for free......

Posted by adamant > 2017-08-24 14:26 | Report Abuse

question to all the sifu. why nobody throwing away this stock despite the so "sucky" QR? Why syndicate choose one such as this? And at such a high price. Be reminded that this stock is mind boggling. It has shot from 60 cents all the way up to RM1.3.

P.S Not that i support denko. Its just that i seriously dun get it. Please enlighten this poor soul.

Posted by successor26 > 2017-08-28 08:38 | Report Abuse

Public is being misled by propaganda made by speculators! That is the reason no one is throwing away the stock.

It's better to be safe than sorry!

Posted by VenFx > 2017-09-04 16:10 | Report Abuse

Blog: TECH - ATE vs EMS(v.i.) 谁是2018年的下一场黑马 [EG 8907]
https://klse.i3investor.com/servlets/forum/600131409.jsp

Posted by VenFx > 2017-09-15 12:43 | Report Abuse

Calculation For EG's Fair Value Price,
已经完成我的模拟价格计算, (EG)
Should Worth :$1.27 ( Post R.i.)
（EG）合理价格是 : $1.27 (按照 “供股”后)

https://klse.i3investor.com/blogs/EG8907/131409.jsp

Posted by Joshk > 2017-10-20 16:42 | Report Abuse

On behalf of the Board of Directors of Denko, AmInvestment Bank Berhad wishes to announce that the Company has applied for suspension of trading in the securities of the Company, pending the release of a material announcement.

The request for suspension was made under Paragraph 3.1(a) of Practice Note 2 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).

Bursa Securities has approved the aforesaid application and trading in the securities of the Company has been suspended with immediate effect.

This announcement is dated 20 October 2017.

Posted by Money168 > 2017-10-21 10:07 | Report Abuse

suspension of trading but still haven't make related announcement? when will resume of trading? monday?

Posted by sticky > 2017-10-24 07:32 | Report Abuse

denko is black horse

Posted by Joshk > 2017-10-24 08:59 | Report Abuse

with the acquisition, Denko will now have 1.1 billion shares. At RM1.15, current price is slightly over valued.

Posted by bpt1 > 2017-10-24 08:59 | Report Abuse

ATA and Jabco operations will fully reflected once the proposal is carried out. Their prime contractor business with Dyson is comparable to VS and SKP. Dyson brand is wide accepted in Europe and US and command premium price which in turn unlike Japanese, Koreans and Chinese OEMs, their prime contractors enjoy extremely lucrative margins.

Posted by traderman > 2017-10-24 11:10 | Report Abuse

next tp 2 ?

Posted by bpt1 > 2017-10-24 11:36 | Report Abuse

Q2 Jul-Sep result will be nothing spectacular but better than Q1 due to some trading activities with ATA & Jabco, Q3 Oct-Dec Denko combined profits with IMS impaired provided proposal acted on time.

Q4 Jan-Mar, low business months in Dyson supply chain cycle but still higher than Q2 as IMS fully consolidated.

Next financial year will show full profitability. Profit will be > RM100 million at least unless they screw up Dyson business. You can confidently work on PE 20 times.

Posted by rr88 > 2017-10-24 13:49 | Report Abuse

Exuberantly overvalued. EPS = 70mil/1.13 bil = 6 cent.

Posted by rr88 > 2017-10-24 13:51 | Report Abuse

Plastic company PE < 20

Posted by Joshk > 2017-10-24 14:35 | Report Abuse

I wondered where the 1 billion new shares for the acquisition come from. Will it be fundraising from the public? The 1 billion new shares cannot be created from nothing. So, once the fund raising starts, I foresee the price will drop. Can anyone advise?

Posted by bpt1 > 2017-10-24 15:03 | Report Abuse

rr88 Exuberantly overvalued. EPS = 70mil/1.13 bil = 6 cent.

No, if your main customer is Dyson.

Posted by yingchai > 2017-10-24 17:58 | Report Abuse

Negative point:
-Earning Per Share only 6 cent (riding on RM70Mil/1.13bil)
-Will ask for more money from investors
-Have to keep for years only can enjoy the good profit.
-Fair price= RM1.3225 (15% premium @ RM1.15)

Why pay more @ above Rm1.50++????

Be patient and wait for it to drop. Target price =RM1.3225.....

Posted by mancingbursa > 2017-10-24 19:34 | Report Abuse

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=12640

Posted by Ivan89 > 2017-11-23 22:48 | Report Abuse

Any view on this stock?

Posted by Lappier811 > 2017-11-23 23:10 | Report Abuse

buy

Posted by Hawks > 2017-11-24 19:24 | Report Abuse

VS Industry and SKP Resources have taken off due to increased business from Dyson. Buying into Denko allows one to ride with ATA (once the acquisition by Denko is completed next year), one of the 3 major suppliers to Dyson along with VS and SKP

Posted by yingchai > 2017-11-27 15:30 | Report Abuse

still long way to go. The share sales agreement hv to seek for shareholder's approval in EGM. which will takes approximately 3 months... Too much uncertainty and better wait and see. The value buy is RM1.322....

Why pay more????

Posted by VenFx > 2017-12-02 09:46 | Report Abuse

I like yingchai's sharing here.
Very pro , and trust to be very fair without bias.
At present market pay slightly higher premium over the deal to be seal in due course.
I believe any above 1.53 will attract seller .

I'm collecting at low still, above 1.53 will sell.

Save my time a lot.

Posted by Lappier811 > 2017-12-05 17:14 | Report Abuse

worth to wait if your client is Dyson

Posted by VenFx > 2018-01-17 18:20 | Report Abuse

Dam good !

Posted by Lappier811 > 2018-01-17 18:34 | Report Abuse

hahaha.... durian still yet drop... more to come