Taka47 Not sure if u can compare myeg with dsonic . Both have different earning ratio. But this dsonic shouldn't just worth 0.525... Shud be rm1 instead. 19/11/2020 1:17 PM
Both also have pro and con. depends which you prefer.
Myeg break resistance 1.5 and towards another resistance 1.6. However, I believe DSONIC has more meat at this price, all of us also notice Chew Ben Ben transfers shares to his family members : In my opinion, there are 2 reasons : (1) Dump Shares in the market (2) Goreng Shares..... Due to his court case, it is still remain subjective. However, in forecasting, meat still more than lost....hold on if you are in this current entry price, time will reward you.
Bro I think u are thinking too much. U might have ur point. But I don't think this is pure goreng stock since fundamental strong. Not like other penny stock which needs goreng.
As at 31 October 2020, the Group has outstanding book order amounting to approximately RM503 million, which comprises of among others, the following projects:- (a) the supply of the Malaysian Passport Chips, Passport Booklet, Passport Data Page and other immigration related solutions to Jabatan Imigresen Malaysia; and (b) the supply of the Malaysian National Identification Cards (MyKad), consumables and other related solutions to Jabatan Pendaftaran Negara. As at the LPD, the Group has also participated in several tender projects among others as follows:- (a) Malaysia Foreign Worker project; (b) National Integrated Immigration System; (c) Foreign Visa System; and (d) Electronic Medical Records, (collectively referred to as the “Tendered Projects”) In the event that the Group did not receive the Tendered Projects, the Company envisages that the amount of proceeds under Note (b) will be utilised for other identified suitable business(es)/investment(s) for strategic acquisition(s)/collaborations in order to diversify its income base and generate long term revenue stream. The Group will make the necessary announcements in accordance with the Listing Requirements should such an opportunity arise.
Datasonic Group is principally involved in the provision of integrated ICT solutions including smart card personalisation, customisation of software and hardware solutions, project management, consultancy, R&D and technical consultancy services. As at 31 October 2020, the order book was in the vicinity of RM503 million. The challenges arising from the COVID-19 pandemic have disrupted the global economic stability and commercial environment, however it also offers new business opportunities in the areas of public security, public health, e-commerce and eGovernment services of which are the targeted industries for Datasonic Group. The success in securing any project from the new business opportunities will contribute positively to the financial performance of the Datasonic Group. The Group will continue to embark on their core competencies and strategies to deliver highest level of innovative system solutions and services at competitive costs as well as undertaking the necessary measures to continuously invest in research and development and human capital to improve the technical competencies in order to meet the requirement of projects to be tendered. This will allow the Group to provide integrated system and solutions to maximise the value and returns to its existing customers as well as generating sustainable return to the Group and its shareholders.
Now we know why the price was being kept down. Manipulation at its best. Very unprofessional Me Ben! In properly governed market this sort of thing would be investigated.
Yes.. if the pp is around this then no point pressing the price more as pp price always lower or else what's the point doing pp if the pp price is higher then current price
Placement price will be discounted by up 10%....so it will be less than current price to make it attractive.shareholder approval is needed...but guess who is majority shareholder! A crook
Also the pp is mainly to increase the chances of getting projects. NIIS or VLN.. duno understand why certain ppl is panic becoz of pp. If they really take time and read. they shouldn't.be as this is positive move from the management.
(Page 2) ..... the placement share will only be placed to independent 3rd-party Bumiputera investors. (Page 3) Among the projects available for tender, some of the projects require a higher percentage of Bumiputera shareholdings. Hence, as part of the Group’s business strategy, the Company seeks to increase its Bumiputera shareholdings to broaden the types of project available for the Group via issuance of new Datasonic Shares to third-party Bumiputera investors pursuant to the Proposed Private Placement. This move is expected to improve the Group’s competitiveness and allow the Group to participate in more projects which is expected to further strengthen its income stream Sound like some mega projects will be announced soon.
Sure I understand, playing with functioning of the stock market is very wrong. Placement is fine if it is for benefit of shareholders ...but not allowing the price to move up or down is against the principles of market conduct....especially when it done by interested parties who halogen to be management...!
Dsonic buying 0.515 and 520. dsonic and iris hold the price. i think once they push their say can easily 250-300% for current price. u top up first day whn price increase also no late
I would say top up after pp. Just 10%pp but the eps will still be diluted. See what's the actual price for pp. They say 0.5211 is just for illustration purpose. I guess should be around 0.47-0.52.. unless they decided to push the price up 0.58 and decide to put 0.52 for pp.
No exact date yet.they propose on August during the agm and just made the announcement yesterday. But I think very soon. Either this month or next month. But since it's to increase bumi shareholding. I'm guessing this might be the T&C for them to get contract for project or they have Ady gotten the project and this is the requirement from the Gov to increase bumi holding.. Like jabami bro here said. Could be mega project announcing soon. U can check the announcement. They are bidding 4 project right now. Niis is the biggest. If they got niis.. I think easily shoot up to rm1. Could be more than rm1..
But still everything I say here is purely on guessing basis. Just for sharing. No buy call bro... We ikam bilis can only manage our own risk and masuk by batches. Just make sure ur last batch is the lowest and biggest volume. Then ur risk is very low ady.
Taka47 But still everything I say here is purely on guessing basis. Just for sharing. No buy call bro... We ikam bilis can only manage our own risk and masuk by batches. Just make sure ur last batch is the lowest and biggest volume. Then ur risk is very low ady. 21/11/2020 8:46 PM
Uhm , yes and switch off back next year simple as that :)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Diamond7
2,333 posts
Posted by Diamond7 > 2020-11-19 13:48 | Report Abuse
Print our IC n passport
Izzit?