DANCOMECH HOLDINGS BERHAD

KLSE (MYR): DANCO (5276)

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Last Price

0.45

Today's Change

0.00 (0.00%)

Day's Change

0.44 - 0.45

Trading Volume

149,700


4 people like this.

2,494 comment(s). Last comment by OptionOracle 3 weeks ago

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-08-29 16:23 | Report Abuse

duitKWSPkita thank you EPF syariah to acquire big in DANCO....

Anakku

1,696 posts

Posted by Anakku > 2016-08-29 16:26 | Report Abuse

Now winning

Anakku

1,696 posts

Posted by Anakku > 2016-08-29 16:26 | Report Abuse

Last week play Acc CU from 60-125sen

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-08-29 16:27 | Report Abuse

wao Anakku...so pandai ar???? wat to play tomorrow??? I bear my own risk.... jz introduce handsome stock for me....

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-08-29 16:30 | Report Abuse

Anakku..................

DANCO also not bad... but need to keep....

Anakku

1,696 posts

Posted by Anakku > 2016-08-29 16:31 | Report Abuse

Not goreng counter? Normally I play contra

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-08-29 16:33 | Report Abuse

No....

eagle100

1,606 posts

Posted by eagle100 > 2016-08-29 16:48 | Report Abuse

wah, good leh Duit punya pencen fund help2 sing up Danco. hahaha
Too bad belum masuk lagi. Tot Sept 1 baru start engine.

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-08-29 17:02 | Report Abuse

hahahahaha

slow slow come lo no rush.... keep long long....

U don't come and sing up the counter.. later I splash and slash U.....kakakaka

Myeye

1,373 posts

Posted by Myeye > 2016-08-30 09:31 | Report Abuse

on board ~

VerySUI

37 posts

Posted by VerySUI > 2016-08-30 14:40 | Report Abuse

what happen??

Pavillion

3,100 posts

Posted by Pavillion > 2016-08-30 14:48 | Report Abuse

Look like control distribution sudah habis.

BigSaver

15 posts

Posted by BigSaver > 2016-08-30 14:52 | Report Abuse

Control distribution sudah habis? meaning wat?

Russell

241 posts

Posted by Russell > 2016-08-30 15:26 | Report Abuse

QR good, price drop, depends if you're an investor or trader

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-01 16:25 | Report Abuse

Very interesting to watch...don't tell me with so many q buy cannot makan seller for so long...unless they keep feeding.. endless..

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-09-01 16:31 | Report Abuse

Until today I still think and guess this counter not bad.....
see right see left cant see why this counter is bad... so it's not bad

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-01 16:49 | Report Abuse

Very good operator but I smell the track... 8.59 park the bus there 2000 q buy and never change except adding it in small number, continuously keep adding sell in 100 and 200....throughout the day for the past 2-3days, very clean sheet!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-09-01 16:51 | Report Abuse

Pavillion...pls enlighten us more...

we need ur view badly.....thanks

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-06 16:14 | Report Abuse

Duit I don't know for sure :). Watching and learning...cause I think I am too late for this.....was busy...under my radar, miss this one. Certainly this been cornered....been steady for sometime.

god2077

136 posts

Posted by god2077 > 2016-09-07 09:44 | Report Abuse

Haha u din buy but u keep monitor it

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-07 09:47 | Report Abuse

Too much profit too take already. Maybe another round.

god2077

136 posts

Posted by god2077 > 2016-09-07 09:49 | Report Abuse

Pro !!

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-07 10:05 | Report Abuse

Within short period of time.

Russell

241 posts

Posted by Russell > 2016-09-07 10:52 | Report Abuse

Pavillion why don't buy now? Any views?

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-07 11:35 | Report Abuse

I'm no expert kikiki.

Don't you think the q buy weird? If so many q from different buyer...surely they will jump and makan seller...long time ago!

When you monitor closely...8.59 they bring the "bus and park" at q buy.....some 2000 and leave it there for whole day....at same time feeding buyer with 100,200 each time slowly thru out the day.

When this kind of pattern happen at lower price or at consolidation stages then we call it accumulation but at higher stages we call it distribution.

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-07 11:40 | Report Abuse

I think it cornered. ...cause at same time not really big seller

Russell

241 posts

Posted by Russell > 2016-09-07 14:21 | Report Abuse

i agree with u Pavillion..they parking the buy q...looking at the past few weeks its steady buying...But now im not sure we are at accumulation or distribution stage

Russell

241 posts

Posted by Russell > 2016-09-08 10:59 | Report Abuse

director disposed...hmm...1.30 seems like a tough resistant to break

nooramir

37 posts

Posted by nooramir > 2016-09-08 11:44 | Report Abuse

Don't think the director is a substantial shareholder

chong932

48 posts

Posted by chong932 > 2016-09-08 18:23 | Report Abuse

I am observing this share everyday. For the past few days, the selling rate is more than 50%. It means the owners who park at the q to buy was absorbing the selling pressure. Today, they let go and surprised no free fall. The volume was not huge today. The final hour, the share price was back to unchange, RM 1.30. Final minute, about 500,000 units were bought at RM1.30. Lowest RM1.26. I think it has yet to reach distribution stage. I guess the owners may want to hold the price in order to keep the reputation of the company. They may want to dispose some of their shares but at the same time I guess they still want to hold the price. They want to give confidence to buyers to keep the shares for longer term. I do not think they will let it fall freely. The number of share issued were not huge. It is not so difficult to control the share price. I may sound silly but I could not find a good reason why the share prices were performing such way since it was listed. Just my personal view with no solid support evidence.

Russell

241 posts

Posted by Russell > 2016-09-09 16:00 | Report Abuse

chong932...today volume is strangely small...what is your view?

probability

14,490 posts

Posted by probability > 2016-09-09 16:02 | Report Abuse

sell..and buy Unimech

probability

14,490 posts

Posted by probability > 2016-09-13 10:02 | Report Abuse

omg..still flying high..

chong932

48 posts

Posted by chong932 > 2016-09-15 22:56 | Report Abuse

Unimech is a good buy but the volume is too small and I am lack of patience to wait. However, when the time comes, they do not need a big volume to push it up. I like Danco cause the owners are very determined to hold the share price and we can sleep soundly even though during bad time.The market sentiment was not good for the past few days but the share price for Danco is still unchanged. Russell, when volume is small, it means the selling pressure is almost over. If the market sentiment is better, the next rally will be on, then we will see the volume. Cheers......

chong932

48 posts

Posted by chong932 > 2016-09-20 12:34 | Report Abuse

The next rally is coming soon........

Russell

241 posts

Posted by Russell > 2016-09-21 10:10 | Report Abuse

thanks chong932...u seem to be holding alot of danco shares

chong932

48 posts

Posted by chong932 > 2016-09-21 23:39 | Report Abuse

Russell, u r right. I have got some during the IPO and accumulated some more and hold til now. I like the owners of Danco who are really serious in holding the share price. Yayasan Islam Terengganu has sold 3,500.000 units on Sept 13. The share price was still closed at RM1.30 unchanged on Sept 13. Who is supporting it? Should be the owners of Danco. The best part in investing money in Danco is we will never worry about the share price will drop more than 2 cents ( The worst performance was on Aug 30th, dropped 2 cents ) When the selling pressure is over and the market sentiment is recovering, I am expecting the next rally anytime soon. Cheers................

Russell

241 posts

Posted by Russell > 2016-09-30 19:32 | Report Abuse

looking at the buy sell queue...might not rally so soon

chong932

48 posts

Posted by chong932 > 2016-10-03 16:03 | Report Abuse

Russell, you might be right. One thing for sure, the owners are supporting the share price at RM1.30. Owners are absorbing selling pressure at RM1.27, RM1.28 and RM1.29 for the past 2 weeks. Owners will start to push the price back to RM1.30 at 4.40pm. They do the same for the past 2 weeks. Last Friday, they were supporting it lowest at RM1.29. Probably, owners are comfortable at RM1.30 now. However, I still believe they will act soon.

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 16:21 | Report Abuse

yayasan fund is like big goreng.. so fast sell.

Russell

241 posts

Posted by Russell > 2016-10-18 09:47 | Report Abuse

chong you must be a man now

chong932

48 posts

Posted by chong932 > 2016-10-18 21:58 | Report Abuse

Russell, have you made some money? Finally..... after a long wait. Anyway, need to be very cautious and monitor closely. Based on my analysis, owners have accumulated quite a lot of shares while trying to support the share price in between RM1.28 to RM1.32 for the past few weeks. Based on the volume today that is actually not huge, I believe onwers are still holding quite a lot of shares. When the supply of share is less and the demand is greater, the share price will go up with just a small push by the owners. Owners may dispose some of their shares but I believe they will not let the share price plunge. Let's monitor the volume tomorrow.

Russell

241 posts

Posted by Russell > 2016-10-20 13:59 | Report Abuse

chong i have taken some profit and waiting for correction...i believe some distribution is happening now...yes i agree...the public spread is small hence the buy/sell queue can be misleading

chong932

48 posts

Posted by chong932 > 2016-10-21 22:06 | Report Abuse

The volume was big on Tuesday and Wednesday. Next Monday will be the last day for T+3. Guess it will stablize above RM1.30. Next week should be the time to accumulate. What do you think, Russell?

Russell

241 posts

Posted by Russell > 2016-10-25 15:15 | Report Abuse

chong today it seems to recover...1.3 should be support

chong932

48 posts

Posted by chong932 > 2016-10-25 21:26 | Report Abuse

Owners are still holding a lot. As expected, it rebounded today after the last day of T+3 yesterday. I do not know why I have no worry about this counter and totally trust that the share price will stay high before owners dispose their shares. Cheers.............

Witty

462 posts

Posted by Witty > 2016-10-27 18:37 | Report Abuse

Price stablize at 1.3 up down already.

chong932

48 posts

Posted by chong932 > 2016-11-01 21:30 | Report Abuse

Selling pressure is almost done! Awaiting the next bull !

chong932

48 posts

Posted by chong932 > 2016-11-02 22:50 | Report Abuse

Last hour selling pressure appeared, sold about 600,000 units. Owners were doing great in supporting the share price closed at RM1.30.

chong932

48 posts

Posted by chong932 > 2016-11-09 17:13 | Report Abuse

Wow, market carshed today but Danco still closed it at RM1.30.

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