Highlights
KLSE: DANCO (5276)       DANCOMECH HOLDINGS BERHAD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.45   +0.01 (2.27%)  0.43 - 0.45  696,400
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Overview

Market Cap: 199 Million
NOSH: 443 Million
Avg Volume (4 weeks):3,408,120
4 Weeks Range:0.425 - 0.485
4 Weeks Price Volatility (%):
41.67%
52 Weeks Range:0.36 - 0.485
52 Weeks Price Volatility (%):
72.00%
Average Price Target: 0.43
Price Target Upside/Downside: -0.02

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  27-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  24-May-2023
T4Q P/E | EY: 10.94  |  9.14%
T4Q DY | Payout %: 4.36%  |  47.65%
T4Q NAPS | P/NAPS: 0.45  |  1.00
T4Q NP Margin | ROE: 9.02%  |  9.14%

Headlines

Date Subject
14-Mar-2023 Stock on Radar - Dancomech Holdings
28-Feb-2023 Dancomech Holdings Berhad - A Record Full Year 2022
28-Feb-2023 Dancomech Holdings Berhad - A Record Full Year 2022
12-Jan-2023 Technical Buy - DANCO (5276)
13-Dec-2022 Dancomech Holdings Berhad - Better 2023’s Earnings Outlook
24-Nov-2022 Dancomech Holdings Berhad - Beats Expectation
30-Sep-2022 Dancomech Holdings Berhad - Metal Stamping Division - The Next Engine of Growth
12-Sep-2022 Dancomech Holdings Berhad - Uninspiring Outlook

Business 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.
Analyze this stock with MQ Trader system

  4 people like this.
 
thesteward This co pandamic endemic time also give divvy. Pretty decent management . Not bad this co
07/03/2023 1:21 PM
thesteward Making decent profit n making profit even during pandemic endemic . I haven’t seen a negative quarter unless I miss it .
07/03/2023 1:24 PM
wakarimas hopefully this round is real up up up
07/03/2023 1:58 PM
foreverchung With the market chasing every likeable opportunity, they will ignore counters like DANCO. So people that have been having a taste of fast profit will never come to a counter like this. Blue chips on the other hand have similar characteristics with DANCO but they are well known.

Many forgot that business is fundamentally real growth and real profit.

Let's wait and see.
07/03/2023 2:47 PM
Icon 888 Gem attack
07/03/2023 3:19 PM
cbkia4896 terbang worrrr, huge volume b4 closing
07/03/2023 4:58 PM
tigerroar38 Danco will fly high! Catch the rocket
07/03/2023 6:15 PM
stockraider Coming, coming , coming loh!
07/03/2023 8:02 PM
foreverchung While its good for you guys to be excited that DANCO is getting attention, would love to remind you guys that as fast as DANCO may go up, same can be other way round. Let DANCO do its thing and we shall reap the rewards when the time comes. No need to FOMO, just do your research accordingly.

Again, for those who are seeking fast riches everyday rocket / fly, DANCO is NOT FOR YOU.
07/03/2023 8:42 PM
cbkia4896 See rocket. Ride rocket. Here we gooo
08/03/2023 8:27 AM
cbkia4896 masuk sikit 470 seems ok altho market red and bearish
08/03/2023 9:10 AM
cbkia4896 cmon cleared 470 sell queue now time to pushhhh
08/03/2023 3:05 PM
foreverchung Looks like cbkia4896 is new to DANCO and does not understand that DANCO does not behave in such a way. On the other hand, we are grateful that DANCO is not experiencing a large sell down to TP as usual. It won't 'fly' as what one would hope so without a large volume buy in.

08/03/2023 3:47 PM
cbkia4896 Slow slow up few ticks I also ok. Asal up and green good good
08/03/2023 4:00 PM
cbkia4896 in bursa anything can happen,
i buy sikit only,
planning to buy more if drop on ex date
or sell if somehow still push
09/03/2023 8:53 AM
cbkia4896 Cantik
09/03/2023 1:17 PM
cbkia4896 bought sikit this morning... ishhh x2
10/03/2023 2:39 PM
foreverchung Just be patient, if you wish to buy in, buy in slowly across the board. There will be plenty of opportunity. Remember what I said, this counter is never a flying stock.
10/03/2023 3:07 PM
cbkia4896 many supporter, kasi terbanggg on red
13/03/2023 11:46 AM
UnicornP Underperformed in this rebound market.
15/03/2023 11:16 AM
foreverchung Same as observed across all the counters almost, except for IPO, the rest only rebounded a little. Signaling confidence in the market is preliminary only at best.

Hang in tight.
15/03/2023 11:54 AM
cbkia4896 dividend in liao rite? cant see yet on me
17/03/2023 9:05 AM
foreverchung Entitlement date is not payment date ya. Payment date is on the 31st March 2023. You should look into strengthening these details.
17/03/2023 12:46 PM
loneranger My cost is 0.465. Hopefully, the price will go back to 0.465 soon. Otherwise, the dividend can't cover my cost...
18/03/2023 7:44 AM
UnicornP loneranger, now your new cost is 0.45. You are already gaining 0.005.
19/03/2023 1:48 PM
cbkia4896 up up up
20/03/2023 9:12 AM
UnicornP New high liao
20/03/2023 10:17 AM
Stocker gogogo newhigh will?
20/03/2023 11:38 AM
cbkia4896 darling woken up again, time to fly up, short tp 510, tp2 590 gooooo
20/03/2023 2:30 PM
cbkia4896 haiz pancit pula
20/03/2023 3:15 PM
foreverchung Already say many times but don’t believe me, still wanna fly. Oh well, all the best!

Once again, DANCO is not a fly counter. Avoid if you want fly counter.
20/03/2023 4:25 PM
cbkia4896 no no, need positive xia, say up up fly fly stock baru can rise.... FLYYYYYYYYY
21/03/2023 3:57 PM
loneranger Yes, yes, up to the sky. Sky is the limit. Haha.
21/03/2023 5:15 PM
loneranger Any clue for Danco target price?
21/03/2023 5:16 PM
valueinvestor79 Target price : 60sen , EPS : 6 Sen, conservative P/E : 10. need to wait until next one or two quarters to rationalize on the target price for 2023
22/03/2023 12:18 PM
foreverchung I bet many those flew never felt fly these few days. Keep it up :)

Meanwhile @valueinvestor79, I would take that as a fair input without taking into potential new acquisitions on the way, as well as absence of convertibles such as warrants. Next quarter should start to take into consideration of new manufacturing plant for MTL.

I would collect more when the price is low. Considering the exciting prospect of acquisition, I would hedge my holdings for another 3 years at least.
22/03/2023 4:48 PM
roger3210 global recession is on the way, you may be over optimistic
22/03/2023 4:56 PM
loneranger roger3210, please let me know when it is the time to take profit ya. Haha.
22/03/2023 5:49 PM
roger3210 too late, the peak is over.
22/03/2023 6:01 PM
foreverchung Oh we have the infamous pessimist dropping by, enjoy your stay over at this page @roger3210.

At the mean time, I don't disagree that valueinvestor79 is positive, but do take note that he/she indicated that it takes 1-2 quarters which isn't impossible. DANCO isn't identified as defensive for no reason. Global recession may be coming and there will be negative impacts no doubt, but money has to go somewhere. DANCO has never made a loss until now and have been improving towards good management.

So, even if recession hits and DANCO drops, its just another chance to collect. Well unless of course you are well known to only hold goreng stocks then too bad.
22/03/2023 6:21 PM
foreverchung @loneranger We have told you early before this, this is not the counter that you want to come and fly with. :) So either you can take roger3210's pessimistic view and leave right now and go another counter, or stop thinking about short term gains and hold.

Don't come here asking for TP's feeling insecure, depending your hard earned money on other people's view.

Thank you.

Whereas for roger3210, I wonder apart from consistent pessimism, is there anything concrete that you can contribute to a counter's discussion? Either you don't own the counter but coming over to diss, or you have something concrete that you can share for discussion.

Others are negative which is fine, but man your energy is another whole new level.
22/03/2023 6:26 PM
Income Roger roger… skinnier every day?
22/03/2023 7:20 PM
loneranger Wow, the share price is like a roller coaster this morning...
23/03/2023 10:03 AM
amateurJR haha here comes joker roger3210. really long time no see him d
23/03/2023 3:39 PM
roger3210 roller coaster this morning... because operator is busy offloading to those day dreamer
23/03/2023 4:14 PM
foreverchung @roger3210 If you talk nonsense and negative attributes with no constructive feedbacks / useful comment about DANCO I can still accept.

But operators? Serious? 20k lot and today 6k lot. Damn can we please have a bigger operator? Cuz this operator if is operating here then its damn noob 1 day busy hoohaa only earn 10k. I day and night also pray got operator come DANCO, dump 10% also nvm as long as volume high like 100k lot everyday. Operator pft.

Go back to hibernate la lmao.
24/03/2023 5:17 PM
roger3210 operator slowly offloading, u will see massive sell down with high volume sooner or later. Smart operator always distribute slowly so that more ikan bilis will by their ticket at high price, when important support broken, thats where those ikan bilis busy cutting losses.
27/03/2023 2:45 PM
foreverchung Wow you are right roger3210, operator offloading massive volume break support, DANCO is doomed. This operator is smart. Now you can get out of this counter and out of this forum to where you can find somewhere else to earn money thank you.

Tired of looking at non-constructive posts like yours. Operator / Father / Mother etc.
27/03/2023 4:25 PM
roger3210 omg, important support gonna break soon !! run for your life before massive sell down coming !
28/03/2023 9:02 AM
foreverchung roger3210

omg, important support gonna break soon !! run for your life before massive sell down coming !

@roger3210 lol even operator also beh tahan you have to go against you.

Inb4 - Operator just baiting all to buy by shoring up price trap all retailer small fish later will dump faster run. PFT.
28/03/2023 3:30 PM


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