Latest news with #DayangEnterpriseHoldingsBhd
The Star
03-06-2025
- Business
- The Star
Dayang poised to reap profit margin from new AWB purchase
PETALING JAYA: Dayang Enterprise Holdings Bhd could reap a profit margin of about one-fifth from the purchase of a new accommodation work boat (AWB). As for daily charter rate, the group's management anticipates it be around RM80,000. Dayang intends to acquire a new 60-tonne AWB with a capacity of 239 passengers at about RM130mil to replace an ageing vessel. The boat will be constructed by Shin Yang Group Bhd with completion targeted by the third quarter of financial year 2027 (3Q27). ]The acquisition will be financed through a 60:40 equity-to-debt ratio. 'Management anticipates a daily charter rate of circa RM80,000 and expects a 22% profit margin from the AWB. 'With full utilisation projected for 2028, we see the vessel acquisition as a strategic move to enhance Dayang's competitiveness in tender bids and optimise operational efficiency,' Phillip Capital Research said in a report. Despite a bad monsoon in the 1Q25, the research firm expects vessel utilisation rate to improve in the 2Q25 with Dayang's fleet operating at full capacity. Meanwhile subsidiary Perdana Petroleum Bhd 's fleet has been operating at 80% since April this year. According to the research firm, Dayang's current order book stood at RM5.1bil (versus RM5.2bil in 4Q24), and revenue recognition is expected to accelerate in the coming quarters following the completion of the maintenance, construction, and modification contract transition phase in March. 'We expect Dayang's strong order book will keep the group busy over the next four years until 2029. 'The RM3bil worth of offshore platform decommissioning tender – covering 31 platforms across Sabah, Sarawak, and Peninsular Malaysia over three years – is currently under commercial evaluation. 'We gathered that Sapura Energy Bhd is one of the bidders for the Sabah and Peninsular Malaysia areas.' The research firm said Dayang's management noted that the decommissioning contract allows for operational flexibility. Given its strong local presence, Dayang is well-positioned to secure the Sarawak package, it added. Trading ideas: Alliance, LSH, LYC, 7-Eleven, RHB, Master Tec, Mah Sing, CIMB, Capital A, SKP, Yinson, Berjaya, BAT, Bintulu, Bank Islam
The Star
22-05-2025
- Business
- The Star
Dayang's 1Q showing declines
Dayang reported a net profit of RM12.31mil for its first quarter. PETALING JAYA: Dayang Enterprise Holdings Bhd has secured a work order for the provision of a landing craft tank from PETRONAS Carigali Sdn Bhd. In a filing with Bursa Malaysia, the oil and gas company said the contract is based on work orders issued by PETRONAS Carigali throughout the contract duration, which is approximately 256 days and with an option to extend up to 60 days. Separately, Dayang reported a net profit of RM12.31mil for its first quarter ended March 31, 2025, down from RM27.91mil in the previous corresponding quarter. Revenue dropped to RM153.82mil from RM247.12mil. Dayang said the lower revenue was mainly attributable to a lower vessel utilisation rate of 26% as compared to 48% in the previous corresponding quarter.
Yahoo
20-04-2025
- Business
- Yahoo
Institutional investors own a significant stake of 31% in Dayang Enterprise Holdings Bhd (KLSE:DAYANG)
Significantly high institutional ownership implies Dayang Enterprise Holdings Bhd's stock price is sensitive to their trading actions 52% of the business is held by the top 7 shareholders Insider ownership in Dayang Enterprise Holdings Bhd is 16% AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To get a sense of who is truly in control of Dayang Enterprise Holdings Bhd (KLSE:DAYANG), it is important to understand the ownership structure of the business. With 31% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. Let's take a closer look to see what the different types of shareholders can tell us about Dayang Enterprise Holdings Bhd. View our latest analysis for Dayang Enterprise Holdings Bhd Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Dayang Enterprise Holdings Bhd. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Dayang Enterprise Holdings Bhd's historic earnings and revenue below, but keep in mind there's always more to the story. Dayang Enterprise Holdings Bhd is not owned by hedge funds. The company's largest shareholder is Naim Holdings Berhad, with ownership of 24%. With 9.1% and 6.0% of the shares outstanding respectively, Suk Ling and Employees Provident Fund of Malaysia are the second and third largest shareholders. Suk Ling, who is the second-largest shareholder, also happens to hold the title of Senior Key Executive. In addition, we found that Yusof Bin Ahmad Shahruddin, the CEO has 3.1% of the shares allocated to their name. We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems insiders own a significant proportion of Dayang Enterprise Holdings Bhd. Insiders have a RM306m stake in this RM1.9b business. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling. With a 28% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Dayang Enterprise Holdings Bhd. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that public companies hold 24% of the Dayang Enterprise Holdings Bhd shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. It's always worth thinking about the different groups who own shares in a company. But to understand Dayang Enterprise Holdings Bhd better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Dayang Enterprise Holdings Bhd you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Yahoo
02-04-2025
- Business
- Yahoo
Investors Shouldn't Overlook Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Impressive Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. And in light of that, the trends we're seeing at Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) look very promising so lets take a look. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Dayang Enterprise Holdings Bhd, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.22 = RM485m ÷ (RM2.7b - RM486m) (Based on the trailing twelve months to December 2024). So, Dayang Enterprise Holdings Bhd has an ROCE of 22%. That's a fantastic return and not only that, it outpaces the average of 13% earned by companies in a similar industry. View our latest analysis for Dayang Enterprise Holdings Bhd Above you can see how the current ROCE for Dayang Enterprise Holdings Bhd compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Dayang Enterprise Holdings Bhd . Dayang Enterprise Holdings Bhd's ROCE growth is quite impressive. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 47% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward. To bring it all together, Dayang Enterprise Holdings Bhd has done well to increase the returns it's generating from its capital employed. And investors seem to expect more of this going forward, since the stock has rewarded shareholders with a 58% return over the last five years. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. On a final note, we've found 2 warning signs for Dayang Enterprise Holdings Bhd that we think you should be aware of. Dayang Enterprise Holdings Bhd is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17-03-2025
- Business
- Yahoo
Dayang Enterprise Holdings Bhd (KLSE:DAYANG) shareholders have earned a 30% CAGR over the last three years
Dayang Enterprise Holdings Bhd (KLSE:DAYANG) shareholders might be concerned after seeing the share price drop 19% in the last month. But that shouldn't obscure the pleasing returns achieved by shareholders over the last three years. After all, the share price is up a market-beating 99% in that time. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. See our latest analysis for Dayang Enterprise Holdings Bhd There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Dayang Enterprise Holdings Bhd became profitable within the last three years. That would generally be considered a positive, so we'd expect the share price to be up. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that Dayang Enterprise Holdings Bhd has improved its bottom line over the last three years, but what does the future have in store? Take a more thorough look at Dayang Enterprise Holdings Bhd's financial health with this free report on its balance sheet. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Dayang Enterprise Holdings Bhd the TSR over the last 3 years was 120%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence! We regret to report that Dayang Enterprise Holdings Bhd shareholders are down 21% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 0.1%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Longer term investors wouldn't be so upset, since they would have made 16%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 2 warning signs for Dayang Enterprise Holdings Bhd you should be aware of, and 1 of them is significant. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
