OMP.. why you always refer back to the past.. no more relevant. Its NTA is more than double the price. If it manage to sell some assets for profit.. why not.. all companies do that to get cash.. FSP for Proton is going to be announced soon.. M&A on Bank Mualamat is a possibility.. POS.. etc. Try to look on these rather than just look at the past. Remember.. DRB is not Proton. Proton is only a subsidiary of DRB. Calvin already did his best to study and list down all the potential improvements for DRB. Rgds.

Also.. bcoz of the non-stop sellings/profit takings.. MMs prolly decided to just accumulate till the sell-offs diminished..

Because it reported huge profit in the recent QR. Should've reported a loss.. then it can go up. See Axiata for example.. huge loss but non-stop 3 days going up.. lol.. hmm

Have yer all heard that DRB may actually has already determined the FSP for Proton. However, icertain big vendors (mostly owned by cronies) which supply parts (usually inferior in order to reap as much profit as possible) are against the disposal of the majority shares bcoz they afraid that they might be "removed". So.. lets see which will be chosen.. either the cronies or the betterment of Proton's quality. Stay tuned..

OMP.. me not chasing.. but holding.. eventho already nice paper gain.. since my own TP is not met yet..

Accumulation in progress..

Ahaa.. Geely confirmed?

http://www.nst.com.my/news/2017/03/216590/nazri-proton-failed-project-sale-equity-can-offset-losses#cxrecs_s

DRB.. come on.. just only 11 sen more to break the 52 wks high. Axiata with huge 300mil loss with very high P/E of 80 and bleak future also can be flying since yesterday like nobody business..

Persistent continuous sell-offs well absorbed today. DRB managed to close 3 sen higher with a positive Buy Rate of 59%. Tomorrow.. sunny.. :)

Why the non-stop sell-offs at 1.88? Hence hindering any advance.. hmm

Stupid analysis by PBB with TP never changed since DRB made consecutive losses months ago.. hmm

Persistent sell-offs.. MMs decided to stay passive and just accumulating. Prolly may trend up later once the sellings pressure essen.. hmm. Stay tuned.

Thanks rchi for you opinions. Its ripe time for DRB to shine again.. :)

Stellar profit.. while FSP next.. congrats everyone !! :D

QR just announced .. Woohoo!! :D

Very persistent blockage and huge sell-offs at 1.42 were well absorbed and DRB managed to close green today with a positive Buy Rate at 60%.

Yes.. trading day almost over. Hope for the best everyone.. :)

Me opine c30 is the best.. anyway.. all warrants will go up if mom trend up.. gudluck ya.. :)

Nekosan.. what do you mean by "gambling"?

Some people still cautious or not confident that the FSP/FSPs will go thru. If not by now DRB should have so-called "rocketed". Also today is C23's (issued by the notorious MQ) maturity date.. hence the persistent blocks for the past few days. Hmm..

But tomorrow is also the maturity date for C23 issued by MQ.. hmm

4086.. nope.. today nil announcement by DRB in Bursa. So looks like tomorrow then.

Its normal for traders to take profit and wait in the sideline b4 the QR is out. Also there are certain parties that wanna average down the price. MMs may stay passive and just absorbing.. due to the sell-offs. Lets see how it goes. Me opine this QR should be to be better than the previous one. Whatever it is.. DRB looks bright once the FSP or FSPs confirmation is announced. Just me 2 cents. Gudluck everyone.

Profit takers well absorbed with positive Buy Rate. Looks like we may see more upside after break. 5k sell queue at 1.44 gobbled just like that b4 break.. wow !!

OMP.. did DRB say majority or substantial? Look again ya..

Synergy..

http://www.theborneopost.com/2017/02/27/malaysia-can-become-asian-auto-rd-centre-analysts/

Agreed Ufthfj.. C30 looks the best among all the warrants.. and next is C28..

Me observed.. more than 13k sell queue at 1.41 on par closing price almost fully absorbed in the end.. even on weak (red) regional market sentiments.. hmm..

Hope the support at 1.79 is able to withstand the selldown.. hmm

1.79? Ouch!!

Cinapeh.. agreed. They can be worse than the syndicates bcoz they are very smart and have the means..

Jacklintan.. yes.. just imagine when DRB finally confirmed and announced the FSP or maybe 2 FSPs for Proton..

Also.. look at POS (32.21% owned by DRB) recent superb results..

I already mentioned earlier.. dont look at the past if not relevant anymore.. but some people still.. hmm.. donno what to say..

Cinapeh.. investment banks are licenced legal syndicates.. hmm

Also weak regional market sentiments.. all red.. many counters bleeding.. hmm..

Also as I mentioned before.. MQ is very notorious especially when the day's volume is low. QR? Me opine should be better than previously.

We all can deduce that DRB's future looks bright but wondering why certain parties prefer to hinder DRB from advancing further. Hmm..??

Well done POS..

http://www.theedgemarkets.com/my/article/pos-malaysias-3q-profit-55-thanks-popularity-online-business

Tomorrow another round.. EPF also selling.. somemore Friday (a.k.a. Sell Day).. be patience.. monitor and buy on weakness.. gudluck a!!

OMP.. that why I said "doing its best". Cheers.

The mom's price pushed down or hindered from going up so that C23's average value will be cheaper.. with the intention that by next Tuesday.. the C23 holders will be paid as low as possible after maturity.

Of course.. me just highlighting some confusions.. ;)

Big block at 1.44.. what gives??

POS currently 8 sen over 52 weeks high.. wow !! On DRB's side.. MQ prolly doing its best to average down the value of C23.. hmm..

Looks like blockages being put up for obvious reasons.. hmm

C30 at an attractive price now trading at lower premium (6.25%) than C28 (7.64%) and with much longer maturity date and low EV..

Nego n evaluations begin..

http://www.thestar.com.my/business/business-news/2017/02/22/psa-and-geely-said-to-have-submitted-bids-for-stake-in-proton/

Also.. try not too refer back to the past if no more relevant.. and try not to just pass negative judgements. E.g. EPF must only buy and cannot sell? EPF is run by human. If they wanna make some profit.. let them be.. bcoz the price is on the uptrend.. not bottoming.. and doesnt mean the counter is not good. Learn and study to look at the future on matters that are developing.. and DRB's future looks shiny indeed. Gudluck everyone.. :)

Those still holding mom or warrants.. congrats !!

Nice performance today and closing. As calvin said 'don't be itchy to take profit at this juncture or else you might regret later." :D

Instinct tells me.. some good new may be announced soon.

Tomorrow sunny.. cheers everyone !!

Not forgetting potential M&A for Bank Muamalat (DRB's 70% holding).

C30 should be ok.. low EV at 1.10 only and long maturity date till 30-11-17. Currently quite low premium too.