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

thirdeye

64 posts

Posted by thirdeye > 2017-04-10 14:19 | Report Abuse

ESTIMATED TIME FRAME FOR COMPLETION
Barring any unforeseen circumstances and subject to receipt of all relevant approvals, our Board expects
the Proposals to be completed in the 2nd quarter of 2017. The tentative timetable in relation to the
implementation of the Proposals is set out below:
Date Events
2 May 2017 EGM
Early May 2017 Announcement of the Entitlement Date for the Proposed Share Split and
Proposed Free Warrants Issue
Mid-May 2017 Listing of and quotation for the Subdivided Shares on the Main Market of
Bursa Securities
End May 2017 Admission to the Official List of Bursa Securities and listing of quotation for
the Warants on the Main Market of Bursa Securities

thirdeye

64 posts

Posted by thirdeye > 2017-04-10 14:19 | Report Abuse

Coming ...

blgband

62 posts

Posted by blgband > 2017-04-12 21:24 | Report Abuse

since sound so good, why the share price doesnt reflected??

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-12 21:51 | Report Abuse

already up 100% since ipo last year, and big kaki seems like selling,so beware,after split sure kena

thirdeye

64 posts

Posted by thirdeye > 2017-04-19 07:58 | Report Abuse

That's not the highest, only higher and higher.....

Posted by saikuro525 > 2017-04-27 14:33 | Report Abuse

up up up! up more before EGM

Posted by ExLaSalle84 > 2017-04-27 20:47 | Report Abuse

Harap besok Danco dpt buat new high lagi!Minggu depan pemegang saham Danco dpt COMBO....dividen (1.5 sen),share split dan free warrant!

setia2u

971 posts

Posted by setia2u > 2017-04-27 21:33 | Report Abuse

I bought too early, exactly one month ago (see my earlier post)... haha...luckily earlier than never ...now 1.62, well above my cost, more to come with EGM on 02/05, Ex dividend on 03/05 then Ex date for splitting and free warrant. Exercise price of warrant is only 30.0 sen.... beautiful!

mamatede

3,950 posts

Posted by mamatede > 2017-04-27 21:45 | Report Abuse

told u long long time ago this is a good buy

Posted by ExLaSalle84 > 2017-04-28 16:26 | Report Abuse

RM1.69!!!!!!

Posted by ExLaSalle84 > 2017-04-28 17:00 | Report Abuse

RM1.71 new high!

setia2u

971 posts

Posted by setia2u > 2017-05-02 08:51 | Report Abuse

Yes, jump start opening! TP RM1.80 soon.

Posted by bursahunter > 2017-05-02 15:10 | Report Abuse

stupid public bank ask ppl sell such good stock

hopper66

80 posts

Posted by hopper66 > 2017-05-02 19:54 | Report Abuse

What new from the EGM today ?

mamatede

3,950 posts

Posted by mamatede > 2017-05-02 22:20 | Report Abuse

All resolution passed. Means Sub division will be announce soon. ! I gonna take profit on this counter also, reached my tp de.

thirdeye

64 posts

Posted by thirdeye > 2017-05-03 10:07 | Report Abuse

Date Events
2 May 2017 EGM
Early May 2017 Announcement of the Entitlement Date for the Proposed Share Split and
Proposed Free Warrants Issue
Mid-May 2017 Listing of and quotation for the Subdivided Shares on the Main Market of
Bursa Securities
End May 2017 Admission to the Official List of Bursa Securities and listing of quotation for
the Warants on the Main Market of Bursa Securities

cnyang

92 posts

Posted by cnyang > 2017-05-03 10:31 | Report Abuse

public bank asked people to take profit so that they can pick up at cheaper price now that everything regarding spliting of shares were approved .. haha.

sunday

20 posts

Posted by sunday > 2017-05-03 20:05 | Report Abuse

Subdivision & Free warrants
Ex date: 16/5/2017
Entitlement date: 18/5/2017

Posted by ExLaSalle84 > 2017-05-08 10:53 | Report Abuse

Minggu ini mungkin harga Danco bergerak!

r3490

119 posts

Posted by r3490 > 2017-05-08 16:28 | Report Abuse

why keep dropping?

god2077

136 posts

Posted by god2077 > 2017-05-09 17:17 | Report Abuse

why keep up

Posted by Fortuneball > 2017-05-09 23:27 | Report Abuse

CBL

mamatede

3,950 posts

Posted by mamatede > 2017-05-11 10:27 | Report Abuse

congrats to all, the price will rally until ex.

Posted by BeTaWorkstation > 2017-05-11 12:10 | Report Abuse

Yes, as I said always read the chart

setia2u

971 posts

Posted by setia2u > 2017-05-11 14:47 | Report Abuse

Finally almost to my TP RM1.80, time to let go, let's others to carry on with the profits, Bye bye to DANCO, thank you very much.

ruslimz

1,609 posts

Posted by ruslimz > 2017-05-11 17:24 | Report Abuse

Pity.....early thank you.....should have wait for free warrants.......

Posted by BeTaWorkstation > 2017-05-11 20:59 | Report Abuse

Yes more to come

Posted by ExLaSalle84 > 2017-05-12 17:13 | Report Abuse

Hope next week before ex RM 1.90!

thesteward

6,781 posts

Posted by thesteward > 2017-05-14 16:13 | Report Abuse

:-)

Jas Ng

15 posts

Posted by Jas Ng > 2017-05-16 09:43 | Report Abuse

Morning all sifu! Would like to find out. If my bro bought at 1.83 , what would be his cost now ? Thks for advice.

ruslimz

1,609 posts

Posted by ruslimz > 2017-05-16 12:14 | Report Abuse

if bought at 1.83 ,your cost for mother shares is 71 sen and warrants is at 41 sen. Meaning if you sell mother shares at 71 sen and to be listed warrants at 41 sen, you will get back your capital of 1.83.

r3490

119 posts

Posted by r3490 > 2017-05-16 13:00 | Report Abuse

ruslimz fyki that works only if a) the Warrant is valued at 0.41 but it is not. It is fixed at 0.30 which means an effective fall in the share price today from 1.83 (yesterday's close) to 1.76 at cp 0f 0.73.

r3490

119 posts

Posted by r3490 > 2017-05-16 13:02 | Report Abuse

2nd point is that this whole scheme looks to me to be a complete con job. How can the Warrant be "free" if it is included in the price adjustment made. Effectively, all they have done, is carved up the share into three parts, 2 mother shares and 1 warrant, and made a downward price adjustment accordingly.

r3490

119 posts

Posted by r3490 > 2017-05-16 13:05 | Report Abuse

Indeed the price which shows in white as being on a par with yesterday's close is in fact 0.71 (with a cp at time of writing of 0.73). This means that the entire exercise is an utter con job when one considers that the value of the exercise now is (0.71 x 2) + 0.30 = 1.72 a decline of some 6% on yesterdays closing price.

r3490

119 posts

Posted by r3490 > 2017-05-16 13:05 | Report Abuse

Congratulations Danco management, you win the prize for the biggest con job pulled this year. Free warrant my ass, it's priced at a premium.

r3490

119 posts

Posted by r3490 > 2017-05-16 13:18 | Report Abuse

of course they will fall back on the fact that this is all based on historical prices not the vwap in the 5 days preceding the announcement not the X date hahaha good job con men at Danco.

hallelujah

167 posts

Posted by hallelujah > 2017-05-16 13:40 | Report Abuse

ADUIII... KNOW DY STILL WANT BUY MEH??? APA LAHHH. HAHAHAHA. SO FUNNY

god2077

136 posts

Posted by god2077 > 2017-05-16 15:51 | Report Abuse

0.3 is exercise price. not warrant value.

r3490

119 posts

Posted by r3490 > 2017-05-16 16:02 | Report Abuse

those who bought mother before 26/4 will sell because to them, it's free money at any price

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-05-16 16:09 | Report Abuse

how do you know the warrant price is 30sen??
as far as i know the conversion price is 30sen, thus the warrant will be price at 41sen..

never in history before and after ex-date, the value is reduced..

god2077

136 posts

Posted by god2077 > 2017-05-16 16:23 | Report Abuse

not all people will sell.. some hold for long term

Posted by BeTaWorkstation > 2017-05-17 19:27 | Report Abuse

As per what I said before more upside awaiting...whether con or not that's subjective as a traders we only need to monitor to buy on supply sell on demand.

CharlesT

14,883 posts

Posted by CharlesT > 2017-05-17 19:30 | Report Abuse

30 top shareholders hold 90%+..how to fall?

Posted by Briankit > 2017-05-18 12:59 | Report Abuse

good job Danco.. cheers

Posted by blackwhite90 > 2017-05-18 15:53 | Report Abuse

when warrant can be trade?

Posted by saikuro525 > 2017-05-19 09:13 | Report Abuse

Have not received the bonus, anyone?

Hein

926 posts

Posted by Hein > 2017-05-19 09:15 | Report Abuse

Anyone can tell why warrant still not in the market.tw

Posted by saikuro525 > 2017-05-19 09:23 | Report Abuse

Not only the warrant, even split shares not credited yet

god2077

136 posts

Posted by god2077 > 2017-05-19 09:33 | Report Abuse

i got the share split in my account. You may call to your own dealer

Posted by saikuro525 > 2017-05-19 09:47 | Report Abuse

@god2077 when did u received ur share split? mine is direct cds so not sure who to contact

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