Destini Berhad (KLSE:DESTINI) - Stock Price, News & Analysis

DESTINI Stock Overview

Destini Berhad, an investment holding company, provides engineering solutions worldwide.

DESTINI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings have grown 22.3% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (MYR150M)

Destini Berhad Competitors

DKLS Industries Berhad

KLSE:DKLS

RM175.2m

White Horse Berhad

KLSE:WTHORSE

RM179.7m

Inch Kenneth Kajang Rubber

KLSE:INCKEN

RM159.0m

MyTech Group Berhad

KLSE:MYTECH

RM123.1m

Price History & Performance

Summary of all time highs, changes and price drops for Destini Berhad
Historical stock prices
Current Share Price	RM0.03
52 Week High	RM0.13
52 Week Low	RM0.025
Beta	1.2
1 Month Change	-14.29%
3 Month Change	-72.73%
1 Year Change	-62.50%
3 Year Change	-87.50%
5 Year Change	-90.48%
Change since IPO	-97.50%

Investors Don't See Light At End Of Destini Berhad's (KLSE:DESTINI) Tunnel And Push Stock Down 27%

Mar 25

Lacklustre Performance Is Driving Destini Berhad's (KLSE:DESTINI) 57% Price Drop

Feb 09

Recent updates

Investors Don't See Light At End Of Destini Berhad's (KLSE:DESTINI) Tunnel And Push Stock Down 27%

Mar 25

Lacklustre Performance Is Driving Destini Berhad's (KLSE:DESTINI) 57% Price Drop

Feb 09

Downgrade: What You Need To Know About The Latest Destini Berhad (KLSE:DESTINI) Forecasts

Apr 03

Did The Underlying Business Drive Destini Berhad's (KLSE:DESTINI) Lovely 338% Share Price Gain?

Mar 16

Here's Why Destini Berhad (KLSE:DESTINI) Can Afford Some Debt

Jan 26

Is Destini Berhad's (KLSE:DESTINI) Shareholder Ownership Skewed Towards Insiders?

Dec 22

Analysts Just Shaved Their Destini Berhad (KLSE:DESTINI) Forecasts Dramatically

Dec 01

A Look At The Fair Value Of Destini Berhad (KLSE:DESTINI)

Nov 30

Shareholder Returns

	DESTINI	MY Aerospace & Defense	MY Market
7D	-14.3%	2.7%	-1.2%
1Y	-62.5%	12.7%	9.7%

Return vs Industry: DESTINI underperformed the MY Aerospace & Defense industry which returned 12.7% over the past year.

Return vs Market: DESTINI underperformed the MY Market which returned 9.7% over the past year.

Price Volatility

Is DESTINI's price volatile compared to industry and market?
DESTINI volatility
DESTINI Average Weekly Movement	26.1%
Aerospace & Defense Industry Average Movement	7.7%
Market Average Movement	5.1%
10% most volatile stocks in MY Market	10.8%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: DESTINI's share price has been volatile over the past 3 months.

Volatility Over Time: DESTINI's weekly volatility has increased from 16% to 26% over the past year.

About the Company

Founded	Employees	CEO	Website
1991	466	Fahredza Muhamad	www.destinigroup.com

Destini Berhad, an investment holding company, provides engineering solutions worldwide. The company’s Maintenance, repair, overhaul and training segment offers maintenance, repair, and overhaul services for aviation, automobile, and safety and tabular handling equipment; and safety equipment training. Its Marine construction segment engages in the shipbuilding; and restoration and maintenance of vessels.

Destini Berhad Fundamentals Summary

How do Destini Berhad's earnings and revenue compare to its market cap?
DESTINI fundamental statistics
Market cap	RM149.72m
Earnings (TTM)	-RM16.19m
Revenue (TTM)	RM107.43m

1.4x

P/S Ratio

-9.2x

P/E Ratio

Is DESTINI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DESTINI income statement (TTM)
Revenue	RM107.43m
Cost of Revenue	RM65.38m
Gross Profit	RM42.05m
Other Expenses	RM58.25m
Earnings	-RM16.19m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0032
Gross Margin	39.14%
Net Profit Margin	-15.07%
Debt/Equity Ratio	10.5%

How did DESTINI perform over the long term?

See historical performance and comparison

DESTINI Stock Overview

Rewards

Risk Analysis

Destini Berhad Competitors

KLSE:DKLS

RM175.2m

KLSE:WTHORSE

RM179.7m

KLSE:INCKEN

RM159.0m

KLSE:MYTECH

RM123.1m

Price History & Performance

Recent News & Updates

New major risk - Shareholder dilution

Investors Don't See Light At End Of Destini Berhad's (KLSE:DESTINI) Tunnel And Push Stock Down 27%

Destini Berhad Announces the Resignation of Tan Sri Datuk Azhar Bin Azizan @ Harun as Independent and Non-Executive Chairman, Effective on March 11, 2024

Full year 2023 earnings released: RM0.01 loss per share (vs RM0.018 loss in FY 2022)

Destini Berhad Announces Cessation of Ahmad Suhaimi Bin Endut as Non Independent and Non Executive Member of Risk Committee

Lacklustre Performance Is Driving Destini Berhad's (KLSE:DESTINI) 57% Price Drop

Recent updates

New major risk - Shareholder dilution

Investors Don't See Light At End Of Destini Berhad's (KLSE:DESTINI) Tunnel And Push Stock Down 27%

Destini Berhad Announces the Resignation of Tan Sri Datuk Azhar Bin Azizan @ Harun as Independent and Non-Executive Chairman, Effective on March 11, 2024

Full year 2023 earnings released: RM0.01 loss per share (vs RM0.018 loss in FY 2022)

Destini Berhad Announces Cessation of Ahmad Suhaimi Bin Endut as Non Independent and Non Executive Member of Risk Committee

Lacklustre Performance Is Driving Destini Berhad's (KLSE:DESTINI) 57% Price Drop

New major risk - Share price stability

Third quarter 2023 earnings released: RM0.004 loss per share (vs RM0.001 loss in 3Q 2022)

Destini Berhad Appoints Farah Nadia Binti Fazaruddin as Independent and Non Executive Director

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 loss in 2Q 2022)

Destini Berhad Announces Cessation of Dato' Mohd Zahir Bin Zahur Hussain as Member of Risk Committee

Is Destini Berhad (KLSE:DESTINI) Using Too Much Debt?

Destini Berhad Announces Redesignation of Dato' Abd Aziz Bin Haji Sheikh Fadzir to Non-Independent Director from Independent Director

Destini Berhad Appoints Abd Aziz Bin Haji Sheikh Fadzir as Independent and Non Executive Director

High number of new and inexperienced directors

Destini Berhad Announces Cessation of Nurwahida Binti Mohd Yaakub as Independent and Non Executive Chairman of Risk Committee

There's No Escaping Destini Berhad's (KLSE:DESTINI) Muted Revenues

Destini Berhad Announces Cessation of Suzana Binti Sulaiman @ Mohd Suleiman as Non Independent and Non Executive Member of Risk Committee

First quarter 2023 earnings released: RM0.004 loss per share (vs RM0 in 1Q 2022)

High number of new directors

Destini Berhad Appointssyed Jabed Islam as Independent and Non Executive Director

Is Destini Berhad (KLSE:DESTINI) Using Debt Sensibly?

Full year 2022 earnings released: RM0.019 loss per share (vs RM0.002 profit in FY 2021)

Destini Berhad Announces the Resignation of Puan Norzilah Binti Mohammed as Executive Director

Destini Berhad Announces Retirement of Encik Muhayuddin Bin Musa as Group Chief Executive Officer, Effective December 18, 2022

Third quarter 2022 earnings released: RM0.001 loss per share (vs RM0 in 3Q 2021)

Avia Technique Ltd acquired 45% stake in Destini Avia Technique Sdn. Bhd from Destini Berhad (KLSE:DESTINI) for MYR2.9 million.

Destini Berhad Appoints Nurwahida Binti Mohd Yaakub as Independent and Non Executive Member of Nomination and Remuneration Committee

Destini Berhad Announces Resignation of Che Sulaiman Bin Shapie as Non-Independent and Non Executive Director

Destini Berhad (KLSE:DESTINI) Is Carrying A Fair Bit Of Debt

Second quarter 2022 earnings released: RM0.001 loss per share (vs RM0.001 profit in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Is Destini Berhad (KLSE:DESTINI) Using Too Much Debt?

Destini Berhad, Annual General Meeting, Jun 21, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

A Look At The Fair Value Of Destini Berhad (KLSE:DESTINI)

Independent & Non-Executive Chairman Rodzali Bin Daud has left the company

Destini Berhad has completed a Follow-on Equity Offering in the amount of MYR 51.846736 million.

Second quarter 2021 earnings released: EPS RM0.001 (vs RM0.013 loss in 2Q 2020)

Destini Berhad Announces the Status of the Winding Up Petition Presented by TCR Solution Sdn Bhd or the Petitioner

A Look At The Intrinsic Value Of Destini Berhad (KLSE:DESTINI)

First quarter 2021 earnings released: EPS RM0.001 (vs RM0.01 loss in 1Q 2020)

Upgrade: The Latest Revenue Forecasts For Destini Berhad (KLSE:DESTINI)

Destini Berhad (KLSE:DESTINI) Is Making Moderate Use Of Debt

Downgrade: What You Need To Know About The Latest Destini Berhad (KLSE:DESTINI) Forecasts

Executive Director has left the company

Non Independent & Non Executive Director has left the company

Destini Berhad Reports Impairment of Goodwill and Assets for the Fourth Quarter Ended December 31, 2020

Full year 2020 earnings released: RM0.14 loss per share (vs RM0.21 loss in FY 2019)

Did The Underlying Business Drive Destini Berhad's (KLSE:DESTINI) Lovely 338% Share Price Gain?

Destini Berhad Enters into Joint Venture Agreement with Keretapi Tanah Melayu Berhad

Here's Why Destini Berhad (KLSE:DESTINI) Can Afford Some Debt

Is Destini Berhad's (KLSE:DESTINI) Shareholder Ownership Skewed Towards Insiders?

Analysts Just Shaved Their Destini Berhad (KLSE:DESTINI) Forecasts Dramatically

A Look At The Fair Value Of Destini Berhad (KLSE:DESTINI)

New 90-day low: RM0.20

Shareholder Returns

Price Volatility

About the Company