Posted by LeftHand_of_God > 2020-09-02 15:11 | Report Abuse

parking here first time based on my sifu recommendation, nice to meet u all

Posted by foreverchung > 2020-09-03 15:11 | Report Abuse

Nett cash company again? (Y)

Posted by tssl74 > 2020-09-04 14:58 | Report Abuse

wow....what is happening? Going up!

Posted by hornbill > 2020-09-04 16:38 | Report Abuse

buy now before regret.

Posted by LiimInvest > 2020-09-04 16:42 | Report Abuse

Dancomech Positive Catalyst

1) New Acquisition will contribute 3-5mil in next 1-3 yrs

2) Good Dividend > 3%++

3) Trade @ Cheap valuation X PE12 should Trade @ XPE 18-20

4)Management desire to growth the company -Expected CAGR 20% in Next 3yrs (revenue growth Triple from rm80mil to me 240mil) This will easily raise its profitabilty to above rm 25m in next 3yrs

5)Continue look for M&A

6) Nett Cash Company rm64mil

7)Recession proof business model
Over pass 30yrs

8)Successfully capture more market share for overseas market -

9. Very successful acquisition of mtl with pe 6x earnings accretive bearing in opportunity cost of its cash is only 2% pa.

10. There is cross selling of danco n mtl business that will enhance the group.
Beside mtl which is involve with air conditioning components, automotive and furniture components manufacturing about 2 year earlier danco had acquired a pump manufacturing that had contributed to danco.

11. Danco also had acquired a material handling business this prove the m&a prowess of expanding thru acquisition beside successful steady organic growth its core valve business.

12. The new structure of danco group will have 4 segment .
Namely:
1.core valve n spare parts business
2. Pump manufacturing business.
3. Material handling engineering business.
4. Manufacturing business of hvac, tools and dies.

13.Major shareholders Hold 72%++
Top 30% hold 85.7% market float ard 15% only. It likely there will be corporate exercise in the form of bonus to raise its market liquidity in line with its profitably expansion.

14.Currently danco is the market leader in the valve business and its gross profit margin is quite attractive at average 40%.
The company distributor reputable brands for principals beside market its own brand build up over the years.
Currently its own brand comprises 50% of the valve sell.

15. Technical chart n momentum appear its share price has start breaking out to a higher level moving forward.
FY20 X PE 15 = TP 0.75
FY20 X PE 18 = TP 0.90

Posted by LiimInvest > 2020-09-04 16:43 | Report Abuse

Dancomech正极催化剂

1）新收购将在未来1-3年内贡献3-5百万

2）红利> 3％++

3）以便宜的价格进行交易X PE12应该以XPE 18-20进行交易

4）管理层希望公司成长-预计未来3年的复合年增长率为20％（收入增长三倍，从8000万令吉增至2.4亿我）这将很容易在未来3年将其盈利能力提高至2500万令吉以上

5）继续寻找并购

6）净现金公司6400万令吉

7）经济衰退证明
超过30年

8）成功占领海外市场的更多份额-

9.非常成功地收购mtl，其pe的现金机会成本仅为pe的6倍，因此增值率仅为2％。

10.交叉销售danco n mtl业务将增强集团实力。
除了涉及空调部件的MTL之外，大约两年前danco还收购了为Danco做出贡献的泵业制造。

11. Danco还收购了物料处理业务，这证明了在成功实现其核心阀门业务稳步有机增长的同时，通过并购扩大并购实力。

12. danco集团的新结构将分为四个部分。
即：
1.核心阀n备件业务
2.泵制造业务。
3.物料搬运工程业务。
4.暖通空调，工具和模具的制造业务。

13，大股东持股72％++
前30％持有85.7％的市场流通量，而仅持有15％的市场。 公司可能会采取奖金形式的公司活动，以根据其有利可图的扩张来提高其市场流动性。

14.目前，danco是阀门业务的市场领导者，其毛利率平均为40％，颇具吸引力。
多年来，公司不仅为自己的品牌建立市场，还为校长分配了知名品牌。
目前，自有品牌占阀门销售量的50％。

15.技术图表势头强劲，其股价已开始突破更高的水平。
FY20 X PE 15 = TP 0.75
FY20 X PE 18 = TP 0.90

Posted by tssl74 > 2020-09-04 16:47 | Report Abuse

"LiimInvest"
Thanks for the update!
At least ONE counter is GREEN for today.

Posted by foreverchung > 2020-09-04 17:31 | Report Abuse

LiimInvest, can see you have gone through EGM contents, kudos.

TP / PE wise, you should revise your EPS first, especially after acquisition.

Posted by Primeinvestor > 2020-09-04 17:33 | Report Abuse

contracts coming soon

Posted by LeftHand_of_God > 2020-09-04 17:57 | Report Abuse

primeinvestor yes or not ohhh where is ur source?

Posted by Superb99 > 2020-09-04 17:58 | Report Abuse

good company, meet my TA and FA

Posted by hornbill > 2020-09-04 22:12 | Report Abuse

Today volume is higher pass 1 year. Something must be coming.

Posted by witchjaz > 2020-09-05 12:08 | Report Abuse

Dancomech gears up for expansion
Saturday, 05 Sep 2020

https://www.thestar.com.my/business/business-news/2020/09/05/dancomech-gears-up-for-expansion

Posted by hornbill > 2020-09-05 19:57 | Report Abuse

Become hot stock liao.

Posted by Runneron > 2020-09-05 22:01 | Report Abuse

Yeahh..fly on monday

Posted by Runneron > 2020-09-05 22:06 | Report Abuse

Solid marubozu with volume + 52 weeks breakout + good news

Posted by zonedfler > 2020-09-06 11:14 | Report Abuse

Golden cross coming soon!!!

Posted by DreamGuardian > 2020-09-06 12:32 | Report Abuse

very good

Posted by DreamGuardian > 2020-09-06 12:33 | Report Abuse

sounds cool

Posted by DreamGuardian > 2020-09-06 12:33 | Report Abuse

got reasonable volume also

Posted by DreamGuardian > 2020-09-06 12:35 | Report Abuse

I'm adding it to my radar

Posted by lks1118 > 2020-09-07 10:48 | Report Abuse

Danco coming coming!
https://www.youtube.com/watch?v=BqAoYiVc0ko&t

Posted by Superb99 > 2020-09-07 11:37 | Report Abuse

Gg d...0.6

Posted by LeftHand_of_God > 2020-09-07 14:03 | Report Abuse

MTL acquired at PE6.8x without direct competitors? anyone has extra info on MTL? damn cheap lo like that

Posted by fullblack28 > 2020-09-07 17:30 | Report Abuse

Gem stock recommendation from sifu. Consistently climb ladder, unlike those goreng2 counters, sharks alot and everybody waiting to take profit in one or two days. Slowly but surely.... That was some detailed explanation from "LiimInvest". Thanks

Posted by hornbill > 2020-09-07 17:31 | Report Abuse

New contract won.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3086000

Posted by Lich > 2020-09-07 17:32 | Report Abuse

A good start...

The Board of Directors of Dancomech is pleased to announce that its 55.0%-owned subsidiary, Arah Edar (M) Sdn Bhd, has today accepted the Letter of Acceptance from SH Design & Build Pte Ltd for the design, supply, assembly (off-site) and delivery of the material handling equipment inclusive of site coordination, supervision on the installation works, testing and commissioning with complete hand over to Jurong Port Pte Ltd (Package 2) for a fixed priced lump sum contract value of Singapore Dollar Twelve Million Ten Thousand Nine Hundred and One (SGD12,010,901), excluding goods and services tax (“Sub-Contract”).

The Sub-Contract forms part of the main contract for the construction, completion and maintenance of the Proposed Ready Mixed Concrete Ecosystem Project at Jurong Port, Singapore, in respect of which SH Design & Build Pte Ltd is the main contractor and the employer is Jurong Port Pte Ltd.

The Sub-Contract is to be completed by 26 January 2022.

Posted by foreverchung > 2020-09-08 00:04 | Report Abuse

Congratulations for those who bought, dividend is guaranteed.

Posted by lks1118 > 2020-09-08 00:45 | Report Abuse

Danco looks like got great potential.

https://www.youtube.com/watch?v=eE0wk1re0kQ

Posted by Runneron > 2020-09-08 08:38 | Report Abuse

https://www.theedgemarkets.com/article/dancomech-bags-rm365m-subcontract-singapores-jurong-port

Posted by DreamGuardian > 2020-09-08 10:03 | Report Abuse

holding steady

Posted by LeftHand_of_God > 2020-09-08 13:22 | Report Abuse

when retailer dominate market, ib no move, foreign dump, this is wat happens

Posted by hornbill > 2020-09-08 19:45 | Report Abuse

Today good buy opportunity

Posted by foreverchung > 2020-09-09 11:30 | Report Abuse

Holding power will be the key term this month :)

Posted by Superb99 > 2020-09-09 12:39 | Report Abuse

Good counter also kena dump

Posted by LeftHand_of_God > 2020-09-09 14:25 | Report Abuse

Dont worry first funda, follow ur name, danco is funda strong no wrong. After 1st contract win in 3 years time into SG (2 years after enter edaran) & bought MTL you not convinced with your own research?

I expect more good news to come..

Posted by fullblack28 > 2020-09-09 16:44 | Report Abuse

actually global market blood bath.... 9.9 sales... LOL

Posted by foreverchung > 2020-09-10 10:27 | Report Abuse

DELINK yourself from herd mentality. Remember what you did for your research and why you bought this counter.

What is the point buy high sell low, then rejoin again when there is a 'rebound' and ended up getting trapped again?

To all students / investors alike. Think like an investor, BRAVE THE STORM with your company, especially the ones that have rewarded you and not skimped on hardwork. This is applicable to all stocks.

If your passive income took a hit, paper loss is paper loss. Go do something about your active income, DISTRACT yourself from the market negativity. Remember your initial goals.

All the best in your journey to financial freedom.

Posted by fullblack28 > 2020-09-10 13:58 | Report Abuse

@foreverchung, understood, thank you for reassurance

Posted by Thengkc > 2020-09-11 03:05 | Report Abuse

Been dropping without big volume, is it a bad sign ?

Posted by FundaStronk > 2020-09-11 10:26 | Report Abuse

nah just above the yayasan dump only,good also i oso hope gt other bigger name investor buy this than the yayasan

Posted by lks1118 > 2020-09-12 17:51 | Report Abuse

Video on Danco in Chinese:- Undervalued

https://www.youtube.com/watch?v=eE0wk1re0kQ

Posted by lks1118 > 2020-09-12 17:52 | Report Abuse

VIdeo on Danco - English

https://www.youtube.com/watch?v=BqAoYiVc0ko&t

Posted by FundaStronk > 2020-09-15 10:46 | Report Abuse

choo choo maybe we can see corporate exercise split / bi soon :D

Posted by Superb99 > 2020-09-18 09:35 | Report Abuse

no more momentum

Posted by hornbill > 2020-09-18 12:50 | Report Abuse

Second wave coming.

Posted by Nathan27 > 2020-09-18 13:45 | Report Abuse

Looks good today....

Posted by Nathan27 > 2020-09-18 13:46 | Report Abuse

Stable and consistent buying with small volume , minimum selling and distribution ... looks like going higher...

Posted by Nathan27 > 2020-09-18 14:30 | Report Abuse

Wah makan all 58 during opening...

Posted by hornbill > 2020-09-18 15:43 | Report Abuse

Big buaya only will goreng once accumulate enough ticket.