Posted by Informationprovider > 2020-09-18 16:23 | Report Abuse

Danco (5276) - The Dance You Shouldn’t miss

Trading Board: Main

Status: Syariah

Sector: Industrial Products/Services

Target Price: RM 0.65 (Short term) 0.80 (Mid term) RM 1 (Long term)

Company Background

Dancomech Holdings Bhd is engaged in trading and distribution of PCE and Measurement Instruments. The Company offer its products to palm oil and oleochemicals, oil & gas and petrochemical, and water treatment & sewerage industries.

Reasons to look at DANCO

1. Danco is trading at PE 10-12 and giving a good dividend yield of about 3% which is above Fixed Deposit now.

2. Danco has very steady performance for the past few years without dropping into negative earnings.

3. Danco has more than 20 years experience in the valves, instrumentation and automation industries, Dancomech has successfully managed to meet the demands of some major end users, contractors and OEMs particularly within the Oil & Gas, Petrochemical, Palm Oil, Water and General Industry.

4. A net cash company With RM40mil in net cash.

5. Danco acquired MTL which was sealed in early August and this will be contributing to the profits of the Dancomech group.
The full impact of this will be reflected in the coming quarter and the quarters ahead.

6. MTL also gives Dancomech the opportunity to move into new business areas such as air conditioning, automotive and furniture component businesses and enables some cross-selling of products between both groups

7. Danco will continue to hunt for new businesses within existing segments.

8.Danco said it’s business is back to normal post-MCO.

9. Danco does not really have a direct competitor as it dabbles in so many different types of industries.

10. Recently Danco won a project at Singapore worth RM 36.5 million which will contribute positively.

Conclusion

Danco is definitely worth a look if you are looking at a big potential GEM of a stock because of it’s strong financial and also the latest acquisition of MTL Group which has no COMPETTITOR and most importantly this will boost their financial in the future.

Disclaimer:

Author is just sharing his/her opinion. It’s neither a buy/sell call. Seek your dealer/remisier for more information.

Posted by hornbill > 2020-09-18 16:44 | Report Abuse

CPO price hit RM3000 par more benefit to Danco.

Posted by Nathan27 > 2020-09-18 17:39 | Report Abuse

Good closing today... Monday got show.....

Posted by FundaStronk > 2020-09-21 16:22 | Report Abuse

the price is only down due to Yayasan keep dumping, otherwise it would have hit informationprovider's TP already hahahah

Posted by foreverchung > 2020-09-21 17:09 | Report Abuse

Bright outlook, looking forward to see their QR and how MTL integrates into DANCO.

Posted by Superb99 > 2020-09-22 15:34 | Report Abuse

0.54 only, keeps dropping

Posted by Thengkc > 2020-09-22 15:49 | Report Abuse

Rip,good fundamental company but no one want to goreng it :(

Posted by goldeneye > 2020-09-22 16:40 | Report Abuse

good price to accumulate. be patience...:)

Posted by LeftHand_of_God > 2020-09-23 11:36 | Report Abuse

yup, just wait and see, it all slowly come back to fundamental and normalize

only the yayasan group become huge party pooper

Posted by bearcomebullgone > 2020-09-24 15:43 | Report Abuse

hahaha sohei ni yayasan guru tp jual stock bgus

jual 300ribu tapi rugi 16juta buduhhhh

lariii rugi semua guru buduh

Posted by bearcomebullgone > 2020-09-24 15:49 | Report Abuse

mana smua guru itu? tidoooor kee

Posted by Superb99 > 2020-09-24 16:04 | Report Abuse

Gg.com, may drop below 50 cents

Posted by bearcomebullgone > 2020-09-25 12:29 | Report Abuse

klu drop 50 cents itu diskaun besar hahaha hanya yg toyol mau jual ni kaunter

earning dia up up up, da lagi kontrak besar bt kali pertamax

hya sstngh parti yg toyol jual bg rugi je

Posted by LeftHand_of_God > 2020-09-29 14:19 | Report Abuse

Can we get ~40m revenue with ~5m profit this coming quarter?

Posted by bearcomebullgone > 2020-09-30 13:30 | Report Abuse

mmg blh laa...... sifu chung sy tgk pn sapot counter ini kan???? ini mmg besss...

credits... sifu foreverchung byk best yg tunjuk ajar... tqtq

4q seblm MTL (2019):
revenue: 81.597m
PAT: 15.014m
EPS: 4.7sen

4q selpas MTL (2019):
revenue: 81.597m + (93.588m/70%=65.512m) = 147.109m
PAT: 15.014m + (4.972m/70%=3.48m) = 18.494m
EPS: 5.8sen

PE 13= 0.75sen/syer
PE 15= 0.87sen/syer
PE 17= 0.99sen/syer

4q selpas MTL (2019) + kontrak edaran (55%, margin=12%, 3.02sgd)
revenue: 81.597m + (93.588m/70%=65.512m) + (36.272m/55%= 19.95m) = 167.059m
PAT: 15.014m + (4.972m/70%=3.48m) + (36.272m /12% = 4.353m / 55% = 2.394m) = 22.38m
EPS: 7sen

PE 13= 0.91rm/syer
PE 15= 1.05rm/syer
PE 17= 1.19rm/syer

jd???? ini klu business dia ni sama... apakata klu business dia naik??? harga selamat pun kat 75% dr assumption ako... x kontrak = 0.65rm/syer... kontrak = 0.785rm/syer...

q3 bkn 16m, jadi 20m???

counter ini elok tgk,, pakai 23m invest beli syarikat untung 5m setahun... blik investment dalam 5 tahun...

Posted by hornbill > 2020-10-12 12:17 | Report Abuse

Who can hold the stock now is bearing the fruit

Posted by Superb99 > 2020-10-12 12:40 | Report Abuse

Dun be too happy, let it break 0.635 first, this counter tried few times b4 to break 0.635 but failed...hopefully this round really got musang king

Posted by bearcomebullgone > 2020-10-12 13:22 | Report Abuse

blm lg... ni bru start sikit... ni blm msk itu MTL & projek earnings lg.... tahan lg...

Posted by Esperian > 2020-10-12 14:21 | Report Abuse

Ppl who simply sell this stock regret soon... nid money nid to sell oso sell higher price

Posted by Superb99 > 2020-10-12 14:57 | Report Abuse

Again, hit 0.635 then people dump again

Posted by hornbill > 2020-10-12 15:21 | Report Abuse

Look at the volume this time not main main.

Posted by investortrader88 > 2020-10-12 15:48 | Report Abuse

fly higher !

Posted by bearcomebullgone > 2020-10-12 16:08 | Report Abuse

ah chung ini pwr laaaa kuat gillaaaaa....

credits... sifu foreverchung byk best yg tunjuk ajar... tqtq

4q seblm MTL (2019):
revenue: 81.597m
PAT: 15.014m
EPS: 4.7sen

4q selpas MTL (2019):
revenue: 81.597m + (93.588m/70%=65.512m) = 147.109m
PAT: 15.014m + (4.972m/70%=3.48m) = 18.494m
EPS: 5.8sen

PE 13= 0.75sen/syer
PE 15= 0.87sen/syer
PE 17= 0.99sen/syer

4q selpas MTL (2019) + kontrak edaran (55%, margin=12%, 3.02sgd)
revenue: 81.597m + (93.588m/70%=65.512m) + (36.272m/55%= 19.95m) = 167.059m
PAT: 15.014m + (4.972m/70%=3.48m) + (36.272m /12% = 4.353m / 55% = 2.394m) = 22.38m
EPS: 7sen

PE 13= 0.91rm/syer
PE 15= 1.05rm/syer
PE 17= 1.19rm/syer

jd???? ini klu business dia ni sama... apakata klu business dia naik??? harga selamat pun kat 75% dr assumption ako... x kontrak = 0.65rm/syer... kontrak = 0.785rm/syer...

q3 bkn 16m, jadi 20m???

counter ini elok tgk,, pakai 23m invest beli syarikat untung 5m setahun... blik investment dalam 5 tahun...

Posted by Superb99 > 2020-10-12 16:23 | Report Abuse

This WC recommended this stock, scare later collapse

Posted by amateurJR > 2020-10-12 16:30 | Report Abuse

LOL another TSH stock. Betul betul sohai this fella.

Posted by amateurJR > 2020-10-12 16:31 | Report Abuse

But it is a good investment when the price was at 0.3-0.45.

Posted by Superb99 > 2020-10-12 16:39 | Report Abuse

Took profit...bye

Posted by bearcomebullgone > 2020-10-12 17:12 | Report Abuse

hehehe klu yg dah take profit tu xyalah dtg mnyalak hahahaha.. dah ambik pastu byeee jgn dtg kacau kacau mcm CMCO ni lg ~ byeee

Posted by hornbill > 2020-10-12 17:12 | Report Abuse

Break 67sen today.

Posted by Fklim888 > 2020-10-12 21:24 | Report Abuse

Shark aiming....something brewing kuat ?

Posted by FundaStronk > 2020-10-12 22:30 | Report Abuse

this one fundastronk

Posted by LiimInvest > 2020-10-12 23:50 | Report Abuse

Technical Buy : DANCO (5276) - http://klse.i3investor.com/m/blog/PublicInvest/2020-10-12-story-h1534587911-Technical_Buy_DANCO_5276.jsp (Share from StockHunter)

Posted by Fklim888 > 2020-10-13 08:20 | Report Abuse

Liiminvest....great sharing thanks a lot.
Today break again 0.635 fly high toward 0.70

Posted by bearcomebullgone > 2020-10-13 09:22 | Report Abuse

hahaha apa niii??? jomnterry salin funda analysis sifu chung kee?? hahahahahha

Posted by LeftHand_of_God > 2020-10-13 12:34 | Report Abuse

Please give me a big big gap to top up later thanks.

Posted by Doushan > 2020-10-13 19:29 | Report Abuse

Guys Just chill la, if you been trading long enough you'll know the stock market rarely goes up in a straight line;
It already broke the recent resistant of 0.6 so just chill next level of resistant is 0.68

Posted by dchin472 > 2020-10-14 18:36 | Report Abuse

tp is around rm1.10 it’s a very value company，and they keep improving themselves

Posted by LeftHand_of_God > 2020-10-15 23:03 | Report Abuse

Yayasan, don't be scared loh, no people dump 100 lot one, wanna dump dump 15k lot. Don't kecut bola.

Posted by LeftHand_of_God > 2020-10-15 23:04 | Report Abuse

@dchin472, you think fly kite meh RM1.1, US presidential election incoming, all run.

Posted by 5877max > 2020-10-16 23:24 |

Post removed.Why?

Posted by Esperian > 2020-10-19 10:41 | Report Abuse

All d way to 90s soon

Posted by hornbill > 2020-10-19 13:46 | Report Abuse

Short term will break 70 cent

Posted by FundaStronk > 2020-10-21 19:15 | Report Abuse

wtf where did that jom and terry get DANCO supply HARTA and TOPGLOV?? wtf fake news? where is the source? wtf? report 9 them to MCMC

Posted by lks1118 > 2020-10-21 20:26 | Report Abuse

Dancomech video : https://youtu.be/BqAoYiVc0ko

Posted by hornbill > 2020-10-26 20:49 | Report Abuse

CPO price hit rm3000

Posted by bearcomebullgone > 2020-10-27 17:53 | Report Abuse

klu itu kawan DANCO = BOILERMECH.... u gais tgk la sendiri hahaha.. hang tu blh naik 0.74 takde news apa apa... apa lg ini ada profit besar... hahaha... tqtq

Posted by foreverchung > 2020-10-30 12:05 | Report Abuse

Are you ready?

Posted by keychain > 2020-11-03 11:06 | Report Abuse

lks, if bonus issues can fly to sky?

Posted by RainT > 2020-11-06 11:00 | Report Abuse

just listed only

share price not high n high

company profit not impressive

bonus issue for what....

Posted by KopiDuit > 2020-11-11 11:08 | Report Abuse

Most counters up up these few days. Danco = Drunko ,still sleeping ?