Roger? Who is this guy who got so much attention and "fun" ? Hope he is doing well too. Profit taking at 0.50 (Good start for Monday)... and still keep some looking for 0.55.
It's our fault. Simple as that. He obviously gave us a big clue by commenting on counters that will rise. He previously commented on KPS long before it shot up. Then it did. He commented on ANEKA long before it shot up. Then it did. Now DANCO showing signs, maybe it will, maybe it won't. But he definitely gave us hints already, just that we did not all in because we scared.
Oh there we have our favorite clown is back! Crash? By that time we already done TP and ready to buy back in la clown. Never heard of TP meh? Oh, true also. Clowns never do because they only know how to make us laugh.
Meanwhile, QR coming soon. So let's put our hands together to welcome the QR analyst of the year Roger3210 to give his utmost pessimistic QR prediction of -2000% YoY and QoQ hence leading to the crash of 2024 ending in 25sen DANCO.
someone is accumulating strongly. could it be related to Datacenter. As it is, Danco is fundamentally strong, lots of cash & very profitable. Its engineering jobs are highly specialised.
As per the great messiah, it will be - Worst quarter ever - KLCI better than DANCO - Oversea business deteriorate by 467mil - Crashing and has been crashing since 2022 - EV is lousy business - O&G better
Today the weather is good for messiah to come out!
Let's prepare some key points: - KLCI drop - Bad QR - Crash - Insider throw - Trust me mark my words - Overseas business bad - PH win - Dollar weaken - Indonesia moving capital
While waiting for lordmessiah, let me share a little from the AGM today that is ACTUALLY useful rather than 'DANCO is trash' 'O&G is better' 'I have decided to go hide until DANCO is red'.
Do bear in mind that this is not the exact wordings of the meeting, but carries similar if not exact quotes. I was in attendance of the AGM. The response was shared either via Mr. Aik Swee Tong, Mr. Aik Cwo Shing, or Mr. Tang Yuen Kin in no particular order or order of appearances by the board members. Please excuse my mistake if I have attributed the response to the wrong board members.
- Directors point out that currently MTL is undergoing double shift as a temporary measure to meet demands.
- New machineries and equipment are being brought in to resolve longer term target of meeting demands.
- Directors are expecting the year and subsequent year to be good, with HVAC demands are raising, but anticipates do not go as high as during the post-covid moments percentage of jump.
- JusEV has been contributing sales and revenue to the company, but it is still not significant enough for the group as it almost completes its maiden year, but still within allocated expectations or budgeting.
- Mergers and acquisitions are one of the non-organic growth opportunities to the company, making up the 2 pronged approach to expand the company's business. But the M&A would not be done hastily, whereby there will be a focus on presence of capable team in place, correct pricing as well as a good complement to the existing business line. Acquisitions would not take place as 'just because'.
- In regards to the UTC's business line getting involved with Data Centres, DANCO does not have any active contracts with related entities and business lines. Although DANCO would pursue related aspects and open to explore opportunities where applicable. This was a response to question regards UTC/DANCO's involvement in Data Center spaces.
- Indonesia market would be explored further either through the existing partners or to set-up an office on site to explore further opportunities. As Indonesia is the second target for exploration after Malaysia. This is response to the question of whether Indonesia's capital relocation would be seen as an opportunity point for DANCO.
tq foreverchung. didnt get to join agm as i just realised i haven't registered myself for the agm. thanks for the answer on data center. appreciate it alot
tq foreverchung. didnt get to join agm as i just realised i haven't registered myself for the agm. thanks for the answer on data center. appreciate it alot
Thank you bearcomebullgone. But its 'We expected so much from you', instead of 'for'. And please refrain from copying in future to prevent unwanted allegations. Thanks again bearcomebullgone.
Meanwhile, I think it is naive to not TP when high and reenter again when low. This quarter is expected not to have dividends in. So why not take the dividend yourselves and reenter when suitable? Indeed not a strong QR considering that revenue dropped marginally. But didn't that got mentioned in QR about MTL's expectation? Well, citing the board, I will retain cautiously optimistic.
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....
lcng123
1,126 posts
Posted by lcng123 > 2024-05-13 14:56 | Report Abuse
roger, I will start accumulate Insas soon.