DANA - Dana Gas

 Home | New Investors | company results | Companies | UAE Brokers | Stock Forum | Latest posts | UAE news

Forum Topics
Recent News
Comments
Financial Reports
Contact and Links
          

Java support must be enabled in order to display FnCharts.
You can download Java from http://www.java.com

Share prices in AED | Chart help
Interactive Stock Charts provided by WD SOFTWARE

Share price 15 Apr 2009 0.94 dhs
Price/earnings (annualised)
Latest report DANA 2008 FY report
Stock market Abu Dhabi Securities Exchange
Founding date 20 Nov 2005 Listing date 20 Nov 2005
Auditor Ernst & Young
Chairman of DANA Mr Hamid Dhiya Jafar
CEO of DANA Rashid Saif Al Jarwan (General Manager)
Foreign ownership limit Maximum 49%
Total shares outstanding 5,910,000,000
Market capitalisation (AED) 5,555,400,000
Par value 1 Dh per share
Dividends for 2013 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for DANA orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
DANA reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
DANA 2008 FY 01 Feb 2009 120m 0.02 0.02 0.55 27.1 0.5 1.7% 10.5%
DANA 2008 Q4 01 Feb 2009 35.0m 0.01 0.02 0.55 23.2 0.5 2.0% 14.7%
DANA 2008 Q3 15 Nov 2008 26.0m 0.00 0.02 0.72 40.9 0.6 1.4% 8.1%
DANA 2008 Q2 14 Aug 2008 34.0m 0.01 0.02 1.70 75.0 1.4 1.9% 11.0%
DANA 2008 Q1 15 May 2008 25.0m 0.00 0.02 2.03 121.8 1.7 1.4% 9.2%
DANA 2007 FY 31 Jan 2008 111m 0.02 0.02 2.30 124.3 1.9 1.6% 10.7%
DANA 2007 Q4 31 Jan 2008 39.0m 0.01 0.03 2.30 88.5 1.9 2.2% 12.3%
DANA 2007 Q3 14 Nov 2007 22.0m 0.00 0.01 2.18 148.6 1.9 1.3% 8.0%
DANA 2007 Q2 15 Aug 2007 29.0m 0.00 0.02 1.66 85.9 1.5 1.7% 12.0%
DANA 2007 Q1 15 May 2007 21.0m 0.00 0.01 1.41 100.7 1.2 1.2% 10.4%
DANA 2006 FY 30 Jan 2007 0.81bn 0.14 0.14 1.46 10.6 1.3 11.9%  
DANA 2005 FY 0.65bn              
Share price 15 Apr 2009 0.94 dhs
Price/earnings (annualised)
Latest report DANA 2008 FY report
Stock market Abu Dhabi Securities Exchange
Founding date 20 Nov 2005 Listing date 20 Nov 2005
Auditor Ernst & Young
Chairman of DANA Mr Hamid Dhiya Jafar
CEO of DANA Rashid Saif Al Jarwan (General Manager)
Foreign ownership limit Maximum 49%
Total shares outstanding 5,910,000,000
Market capitalisation (AED) 5,555,400,000
Par value 1 Dh per share
Dividends for 2013 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for DANA orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
DANA reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
DANA 2008 FY 01 Feb 2009 120m 0.02 0.02 0.55 27.1 0.5 1.7% 10.5%
DANA 2008 Q4 01 Feb 2009 35.0m 0.01 0.02 0.55 23.2 0.5 2.0% 14.7%
DANA 2008 Q3 15 Nov 2008 26.0m 0.00 0.02 0.72 40.9 0.6 1.4% 8.1%
DANA 2008 Q2 14 Aug 2008 34.0m 0.01 0.02 1.70 75.0 1.4 1.9% 11.0%
DANA 2008 Q1 15 May 2008 25.0m 0.00 0.02 2.03 121.8 1.7 1.4% 9.2%
DANA 2007 FY 31 Jan 2008 111m 0.02 0.02 2.30 124.3 1.9 1.6% 10.7%
DANA 2007 Q4 31 Jan 2008 39.0m 0.01 0.03 2.30 88.5 1.9 2.2% 12.3%
DANA 2007 Q3 14 Nov 2007 22.0m 0.00 0.01 2.18 148.6 1.9 1.3% 8.0%
DANA 2007 Q2 15 Aug 2007 29.0m 0.00 0.02 1.66 85.9 1.5 1.7% 12.0%
DANA 2007 Q1 15 May 2007 21.0m 0.00 0.01 1.41 100.7 1.2 1.2% 10.4%
DANA 2006 FY 30 Jan 2007 0.81bn 0.14 0.14 1.46 10.6 1.3 11.9%  
DANA 2005 FY 0.65bn              

DANA opinion, news, reports, researchTop


Fatal error: Call to undefined function message_die() in /home/dubaisha/public_html/viewforum-sw.php on line 104

DANA latest news (links open in new window)Top

News Item

Kurdish oil minister expects deficit in Iraqi budget The National Proceeds from all the additional oil that the region produces will be used to clear the backlog of payments to international oil companies, which includes the UAE's Dana Gas and Taqa and $7 billion borrowed from neighbours and international institutions. More ...


News Item

Enoc to transfer 25 Sharjah service stations to Adnoc gulfnews.com Popular in Oil and Gas. 1. IMF tells GCC to cut spending. 2. Lower oil prices to boost trade, spending. 3. Brent falls below $60 for first time since 2009. 4. KRG failed to pay $100m, Dana Gas says. 5. Adnoc reduces UAE price of diesel per litre ... and more » More ...


News Item

Saudi Arabia to keep spending in 2015 budget gulfnews.com Riyadh: Saudi Arabia will continue spending on development projects and social benefits in its 2015 budget despite 'challenging” global economic conditions, Finance Minister Ibrahim Alassaf said on Wednesday, state news agency SPA reported. and more » More ...


News Item

The National Whether we like it or not, Big Brother is the new reality The National It can be somewhat uncomfortable knowing that every security camera you walk past is analysing your face to identify who you are, how old you are, where you work and what car you drive, among other bits of personal information. But it is a price many are ... More ...


News Item

Financial surpluses will protect UAE from oil plunge The National The UAE's huge financial surpluses and foreign currency reserves will protect the economy from external oil price shocks, the Minister of Economy said. He made the comments as the price of crude oil plunged below US$60 a barrel for the first time in five ... More ...


News Item

The National Lulu chain to invest $400m in Hyderabad mall and food processing units The National Abu Dhabi-based Lulu Group plans to invest about US$400 million in a new shopping mall and food processing units in India. It has earmarked 25 billion rupees for a fruit and vegetable processing unit, an integrated meat processing unit, and a shopping mall ... and more » More ...


News Item

The National Emirates adds new A380 route amid questions over jet's future The National The comments reflected an internal debate over the future of the world's largest airliner but was the first time Airbus has publicly contemplated winding down the project – one of several scenarios in a review first reported by Reuters . Others include slowing ... More ...


News Item

Action Group to build budget hotel on Dubai Healthcare City plot costing $15.7m The National Kuwait-based Action Group Holdings is spending US$15.7 million on a plot in Dubai Healthcare City to develop a budget hotel. The company's subsidiary, Action Hotels, will build and jointly own a 240-room, three-star Premier Inn hotel on the 26,312 square ... and more » More ...


News Item

Emirates 24/7 'Oil drop won't affect UAE govt spending' Emirates 24/7 Sultan bin Saeed Al Mansouri, UAE Minister of Economy, speaking on Tuesday at a conference in Dubai to announce the 'UAE Economic Outlook 2015.' (Supplied). The recent drop in oil prices will not impact the UAE government's spending as the country ... More ...


News Item

IMF tells GCC to cut spending gulfnews.com KRG failed to pay $100m, Dana Gas says. 2. Brent falls below $60 for first time since 2009. 3. Oil hits five-year low before rallying above $62. 4. UAE 'not panicking” as oil continues to slide. 5. Oil drop could curtail global energy investments ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

DANA opinion, news, reports, researchTop


Fatal error: Call to undefined function message_die() in /home/dubaisha/public_html/viewforum-sw.php on line 104
Dana Gas financial statements & accountsTop
PDF files (new window) 2004 2005 2006 2007 2008
DANA First Quarter     2006Q1 2007Q1 2008Q1
DANA Second Quarter     2006Q2 2007Q2 2008Q2
DANA Third Quarter     2006Q3 2007Q3  2008Q3
DANA Preliminary FY Report   2005PR 2006PR  2007PR  2008PR 
DANA Final Annual Report   2005FY 2006FY 2007FY

Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.

DANA latest news (links open in new window)Top

News Item

Kurdish oil minister expects deficit in Iraqi budget The National Proceeds from all the additional oil that the region produces will be used to clear the backlog of payments to international oil companies, which includes the UAE's Dana Gas and Taqa and $7 billion borrowed from neighbours and international institutions. More ...


News Item

Enoc to transfer 25 Sharjah service stations to Adnoc gulfnews.com Popular in Oil and Gas. 1. IMF tells GCC to cut spending. 2. Lower oil prices to boost trade, spending. 3. Brent falls below $60 for first time since 2009. 4. KRG failed to pay $100m, Dana Gas says. 5. Adnoc reduces UAE price of diesel per litre ... and more » More ...


News Item

Saudi Arabia to keep spending in 2015 budget gulfnews.com Riyadh: Saudi Arabia will continue spending on development projects and social benefits in its 2015 budget despite 'challenging” global economic conditions, Finance Minister Ibrahim Alassaf said on Wednesday, state news agency SPA reported. and more » More ...


News Item

The National Whether we like it or not, Big Brother is the new reality The National It can be somewhat uncomfortable knowing that every security camera you walk past is analysing your face to identify who you are, how old you are, where you work and what car you drive, among other bits of personal information. But it is a price many are ... More ...


News Item

Financial surpluses will protect UAE from oil plunge The National The UAE's huge financial surpluses and foreign currency reserves will protect the economy from external oil price shocks, the Minister of Economy said. He made the comments as the price of crude oil plunged below US$60 a barrel for the first time in five ... More ...


News Item

The National Lulu chain to invest $400m in Hyderabad mall and food processing units The National Abu Dhabi-based Lulu Group plans to invest about US$400 million in a new shopping mall and food processing units in India. It has earmarked 25 billion rupees for a fruit and vegetable processing unit, an integrated meat processing unit, and a shopping mall ... and more » More ...


News Item

The National Emirates adds new A380 route amid questions over jet's future The National The comments reflected an internal debate over the future of the world's largest airliner but was the first time Airbus has publicly contemplated winding down the project – one of several scenarios in a review first reported by Reuters . Others include slowing ... More ...


News Item

Action Group to build budget hotel on Dubai Healthcare City plot costing $15.7m The National Kuwait-based Action Group Holdings is spending US$15.7 million on a plot in Dubai Healthcare City to develop a budget hotel. The company's subsidiary, Action Hotels, will build and jointly own a 240-room, three-star Premier Inn hotel on the 26,312 square ... and more » More ...


News Item

Emirates 24/7 'Oil drop won't affect UAE govt spending' Emirates 24/7 Sultan bin Saeed Al Mansouri, UAE Minister of Economy, speaking on Tuesday at a conference in Dubai to announce the 'UAE Economic Outlook 2015.' (Supplied). The recent drop in oil prices will not impact the UAE government's spending as the country ... More ...


News Item

IMF tells GCC to cut spending gulfnews.com KRG failed to pay $100m, Dana Gas says. 2. Brent falls below $60 for first time since 2009. 3. Oil hits five-year low before rallying above $62. 4. UAE 'not panicking” as oil continues to slide. 5. Oil drop could curtail global energy investments ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

Dana Gas comments & notesTop

10 December 2006 comments

Dana Gas has or is trying to have a presence in several countries - UAE, Canada, Bahrain, Iran, Saudi Arabia, Pakistan, Egypt, and there is a tenuous connection to Iraq in there somewhere, possibly LNG terminals in Pakistan, Lebanon and Kuwait, and regional offices planned for Qatar, Bahrain, and Egypt. A short summary is here - Dana background.

Dana Gas (sometimes DanaGas but not Danan Gas) was established in 2005 to take advantage of oil and gas exploration and development opportunities in the Gulf, Middle East and MENA regions. Founders hold over 65% of DANA shares. They include a large number of the UAE, Gulf, and international banks, investment companies and individuals. The Government of Sharjah, the Bank of Sharjah, and Crescent Petroleum (not the same as CNGCL) own almost 33% of Dana Gas.

The IPO came at the height of a frenzy of IPOs in the region and the Dana Gas IPO was one of the largest at 140 times oversubscribed with AED 280 billion being raised. At the time of subscription in September 2005, newspapers carried reports of chaos at banks in the UAE when they were swamped by investors, and having to lock them out. Flights from Saudi Arabia were fully booked for a month with investors wanting to subscribe. One of the attractions was the intention of offering a minimum allotment of 5000 shares per person for GCC and UAE nationals. In the end, that had to be reduced to about 1500 shares per investor.

Dana Gas owns two subsidiaries - Sajaa Gas Private Limited Company (SAJGAS) and United Gas Transmissions Company (UGTC) - and a 35% share of Crescent National Gas Corporation Ltd (CNGCL). All three companies are based in Sharjah. The remainder of CNGCL is owned by Crescent Petroleum.

CNGCL has a 25 year agreement with Iran's NIOC (National Iranian Oil Company) to buy natural gas off them and supply it via the Iran-UAE pipeline to the Hamriya Free Zone in Sharjah. The pipeline itself is a $1 billion or AED 3.57 billion project. In March 2006 there was a dispute over pricing - the Iranians claimed that the price originally agreed was too low. By May 2006 there was reportedly an agreement that gas would be flowing by the end of 2006. Well, unless the Iranians renege again...

  • 25 Nov 2006 - Dana Gas opens new office in Al Khobar, Saudi Arabia. No further information on possible projects.
  • 13 Nov 2006 - Dana Gas will buy Centurion Energy in Canada for AED 3.7 bn.
  • 30 Oct 2006 - Dana Gas signs an agreement with Single Buoy Moorings (SBM) from Holland to develop LNG terminals in the region, initially targetting Pakistan, Kuwait, Lebanon.
  • 02 Oct 2006 - Dana Gas forms Danagaz in Bahrain, ownership will be shared - DANA will have 66% and the Bahraini partners will have 34%. Danagaz's first project will be to build, own and operate the Gulf of Suez Gas Liquids Plant in Egypt.
  • 05 Aug 2006 - Emirates Today reports Dana Gas expected profit for 2006 of AED 228 million, and forecast to double by 2010 to AED 490 million. Revenues expected to grow from 57.3 m dhs in 2006 to 960m dhs in 2006 (presumably one of those numbers is a misprint) and 5.3 bn dhs in 2010.
  • 05 Aug 2006 - Emirates Today also reported that Dana Gas is likely to buy 51% of the Pakistani Sui Southern Gas Company in 2007.
  • 03 Jan 2006 - Dana Gas and Emarat sign AED 670 million joint gas project.
Contact details and investor informationTop
  • Dana Gas, PO Box 2011, Sharjah, UAE. Tel +971-6-5569444.
  • www.danagas.ae - DANA website home page.
  • mail@danagas.ae - Dana Gas email.
DANA - related external links (open in new window)Top
  • www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
  • www.adx.ae - ADX financial disclosures, news and information.

Disclaimer: ShareWadi.com and DubaiShareTalk.com provide UAE stockmarket related information, but do not offer investment advisory services, or brokerage services. Investing in shares is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold shares and/or other investments. Do not make investment decisions without due diligence and/or professional advice. In particular, do not assume anything you read on this site is correct or accurate. You should make your own investigations to determine if information is accurate and ultimately, you should accept that you and you alone are responsible for any investing decisions you make.

daily market reports | Calendar | Abu Dhabi Securities Exchange | Dubai Financial Market | ADSM DFM forms | Links | news & research | UAE IPO
RSS (daily market report) | DFM ADSM forum | FAQs | Dubai stock exchange | Contact Us | About Us | Terms of Service | Privacy Policy | Advertise

Copyright © ShareWadi.com 2005-2008. Any company names or product names used on this site, discussion forum, and/or communications from anyone associated with this website are the trademarks or registered trademarks of their respective holders.
This page last updated 26-Nov-2009. Company information last updated 16 Oct 2008. E & OE.