All Comments on DESTINI Reload

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Emily Ooh Chia Hua
2 Like · Reply
DON'T FALL INTO THE SCAMMER CON JOB. AFTER EVERSENDAI NOW PROMOTING HARD ON THIS STOCK
Ideal Art Living Solution
Who is she? what she doing now is giving us corporate access only and for us to make market decision. from wat i know this might be her job duty only...Now market bad and very volatile, She did made good calls like Atech, cloudpt which you dont see. Bad market cant really blame analyst
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1 Like · 18 hours · translate
Leo King
as i knew the article was published on april. look at the price on april compare to now. you should have gain i think.
1 Like · 16 hours · translate
Andrew H
1 Like · Reply
big big spike
Donovan Ting
1 Like · Reply
Destini has been awarded a tubular handling equipment and services contract from Hibiscus Oil & Gas Malaysia Ltd for operations in the PM3-CAA field, an operating oil and gas field in Vietnam-Malaysia
Leo King
ini kali lah. thought of add more around 0.3 but no chance.
1 Like · 20 hours · translate
Andrew H
1 Like · Reply
nice 3 consecutive profitable quarters
Leo King
1 Like · Reply
another good QR. skyrocket to destination
Andrew H
1 Like · Reply
wooo new shareholder
Andrew H
5 Like · Reply
wah this rhb analyst power
Andrew H
2 Like · Reply
looks like big profits soon
Gerbilg Rat
1 Like · Reply
Suddenly got report then shoot up…
Hong Chew Eu
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From Boom to Bleed: Can Destini Berhad Pull Off a Comeback?

Over the past six years, Destini Berhad’s positioning has evolved from branding itself as a “diversified engineering group” in 2019 to a “globally engaged engineering solutions provider” by 2024. However, its financial performance over this period has been far from inspiring.

In 2024, Destini’s annual revenue stood at just one-third of its 2019 level. It recorded a profit in only one of the past six years. These persistent losses were driven by a combination of structural dependencies, external industry challenges, and internal inefficiencies.

A key issue has been Destini’s historical reliance on government contracts, particularly in the defence and marine sectors - areas where contract flows have diminished in recent years.

Aggressive expansion in the previous decade left the Group with a high fixed cost base. The situation was further exacerbated by impairments on receivables, goodwill from past acquisitions, and obsolete inventories.

The various issues faced by Destini is reflected in its “Quicksand” position on the Fundamental Mapper.

Recognizing these weaknesses, Destini has begun pivoting toward more commercially driven and sustainable sectors, including renewable energy and rail mobility. While the turnaround is still a work in progress, the following will be key indicators of success:

• Consistent operating profits across core segments, without relying on asset revaluations or exceptional items.

• New contract wins in future-focused sectors like renewables and electric rail maintenance.

• Operational restructuring, including cost reductions, disposal of underperforming units, and a streamlined corporate structure.

• Improved financial discipline, evidenced by stronger operating cash flow, reduced debt levels, and less dependence on equity fundraising.
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