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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


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DANA latest news (links open in new window)Top

News Item

Laptops for Dh960, Dh1 auctions on smartphones Emirates 24/7 adgets and cell phones exhibited in GITEX Shopper Spring 2014 in the DWTC, Dubai. April 24,2014 photo by Ahmad Ardit. As evening falls on the Gitex Shopper and crowds begin to swell into the Dubai World Trade Centre conventional centre, retailers have ... More ...


News Item

MIDEAST STOCKS-Abu Dhabi's Dana Gas may gain on new Egypt deal Reuters Africa DUBAI Oct 1 ( Reuters ) - Energy firm Dana Gas may support Abu Dhabi's bourse on Wednesday after signing a deal with Egypt that will help it to recover most of the $280 million it is owed by the Cairo government. Political turmoil and violence since the 2011 ... and more » More ...


News Item

MIDEAST STOCKS - Factors to watch - October 1 Reuters UK Reuters has not verified the press reports and does not vouch of their accuracy. INTERNATIONAL/REGIONAL. * GLOBAL MARKETS-Asian ... Dana Gas signs deal to recover $280 mln owed by Egypt. * Etihad Rail set to launch next phase of UAE railway ... and more » More ...


News Item

Emirates 24/7 Microsoft gives peek at coming Windows 10 software Emirates 24/7 Microsoft offered its first glimpse of its Windows 10 software that it hopes delivers a winning formula for powering tablets and smartphones, along with laptops and desktop computers. The US software colossus focused on its core business market while ... More ...


News Item

The National IEA official says region lacks solar conviction The National Sunshine, the Middle East's other abundant natural resource, could make the region a world leader in solar power by mid-century, but there is currently a lack of political will to achieve even its medium-term goals, the head of renewable energy at the ... and more » More ...


News Item

Dana Gas reaches deal with Egypt to recover millions in back payments The National Dana Gas has struck a deal with Egypt's government that it expects will help it recover hundreds of millions of US dollars in back payments for gas and related products which it has been owed since the Arab Spring turmoil in 2011. However, the ... and more » More ...


News Item

Dana Gas in deal to recover $280m owed by Egypt Emirates 24/7 Dana Gas in deal to recover $280m owed by Egypt. By. Reuters . Published Tuesday, September 30, 2014. Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the government for exploration and ... and more » More ...


News Item

Amanat to launch $374m Dubai flotation in Oct Emirates 24/7 Reuters . Published Tuesday, September 30, 2014. UAE-based Amanat Holdings, a healthcare and education start-up, will launch a Dh1.375 billion ($374 million) share sale in Dubai next month, the latest firm to seek to capitalise on a recovery of investor ... and more » More ...


News Item

Gulf loan pricing bites bank margins Emirates 24/7 The competition has shrunk the average margin over the London interbank offered rate on a loan in the six-nation Gulf Cooperation Council to 164.12 basis points so far this year, from 211.49 bps last year, according to Thomson Reuters LPC data. and more » More ...


News Item

Etihad Rail set to launch next phase of UAE network Emirates 24/7 Etihad Rail set to launch next phase of UAE network. By. Reuters . Published Tuesday, September 30, 2014. UAE railway developer Etihad Rail is set to secure government funding and award contracts to build the second phase of its $11 billion national rail network, its acting chief executive officer said on Tuesday. We're ready to award it. ... Dana Gas in deal to recover $280m owed by Egypt. Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the ... and more » More ...


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

DANA opinion, news, reports, researchTop


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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

Laptops for Dh960, Dh1 auctions on smartphones Emirates 24/7 adgets and cell phones exhibited in GITEX Shopper Spring 2014 in the DWTC, Dubai. April 24,2014 photo by Ahmad Ardit. As evening falls on the Gitex Shopper and crowds begin to swell into the Dubai World Trade Centre conventional centre, retailers have ... More ...


News Item

MIDEAST STOCKS-Abu Dhabi's Dana Gas may gain on new Egypt deal Reuters Africa DUBAI Oct 1 ( Reuters ) - Energy firm Dana Gas may support Abu Dhabi's bourse on Wednesday after signing a deal with Egypt that will help it to recover most of the $280 million it is owed by the Cairo government. Political turmoil and violence since the 2011 ... and more » More ...


News Item

MIDEAST STOCKS - Factors to watch - October 1 Reuters UK Reuters has not verified the press reports and does not vouch of their accuracy. INTERNATIONAL/REGIONAL. * GLOBAL MARKETS-Asian ... Dana Gas signs deal to recover $280 mln owed by Egypt. * Etihad Rail set to launch next phase of UAE railway ... and more » More ...


News Item

Emirates 24/7 Microsoft gives peek at coming Windows 10 software Emirates 24/7 Microsoft offered its first glimpse of its Windows 10 software that it hopes delivers a winning formula for powering tablets and smartphones, along with laptops and desktop computers. The US software colossus focused on its core business market while ... More ...


News Item

The National IEA official says region lacks solar conviction The National Sunshine, the Middle East's other abundant natural resource, could make the region a world leader in solar power by mid-century, but there is currently a lack of political will to achieve even its medium-term goals, the head of renewable energy at the ... and more » More ...


News Item

Dana Gas reaches deal with Egypt to recover millions in back payments The National Dana Gas has struck a deal with Egypt's government that it expects will help it recover hundreds of millions of US dollars in back payments for gas and related products which it has been owed since the Arab Spring turmoil in 2011. However, the ... and more » More ...


News Item

Dana Gas in deal to recover $280m owed by Egypt Emirates 24/7 Dana Gas in deal to recover $280m owed by Egypt. By. Reuters . Published Tuesday, September 30, 2014. Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the government for exploration and ... and more » More ...


News Item

Amanat to launch $374m Dubai flotation in Oct Emirates 24/7 Reuters . Published Tuesday, September 30, 2014. UAE-based Amanat Holdings, a healthcare and education start-up, will launch a Dh1.375 billion ($374 million) share sale in Dubai next month, the latest firm to seek to capitalise on a recovery of investor ... and more » More ...


News Item

Gulf loan pricing bites bank margins Emirates 24/7 The competition has shrunk the average margin over the London interbank offered rate on a loan in the six-nation Gulf Cooperation Council to 164.12 basis points so far this year, from 211.49 bps last year, according to Thomson Reuters LPC data. and more » More ...


News Item

Etihad Rail set to launch next phase of UAE network Emirates 24/7 Etihad Rail set to launch next phase of UAE network. By. Reuters . Published Tuesday, September 30, 2014. UAE railway developer Etihad Rail is set to secure government funding and award contracts to build the second phase of its $11 billion national rail network, its acting chief executive officer said on Tuesday. We're ready to award it. ... Dana Gas in deal to recover $280m owed by Egypt. Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the ... 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.

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This page last updated 26-Nov-2009. Company information last updated 16 Oct 2008. E & OE.