Taken from the Sun paper today:

Quote

Analyst noted that on the assumption that Govco converts the entire 1.25B RCCPS and dividend declared of Rm 574M into new 2.1B Proton's shares, DRB-Hicom's stake in the national carmaker is expected to be diluted from 100% to 20.72%.

PublicInvest Research in a note yesterday said it was positive on the proposed DCCPS issuance as it will help to regularize the loss-making company's cash flow and accelerate its turnaround plans.

The proposed issuance will reduce the parent company DRB-Hicom's net gearing to 0.58 this year from 0.88 times.

The research house maintained its "outperform" call on DRB-Hicom with an unchanged (sum-of-the-parts) SOTP target price of RM 1.26

Unquote

In long term view, would be good for investors to hold. short term selling pressure is only from traders who went in yesterday or are caught at high price. price support at 97.5 and 98 is very crucial

looks good in chart

From the Sun paper today:

Quote

RAYA International hopeful of turnaround

"we look forward to profitability this year with the commencement of oil trading business"

the new business is expected to contribute 25% or more to the company's bottom line in the future/ "the margin for this business is steady and it goes on high volume"

At EGM, Raya international also obtained green light from its shareholders for the proposed special bumiputra issue of up to 12.5% of its issued and paid up capital representing up to 20.5 million new shares to bumiputra investors to be recognized by MITI

Unquote

my opinion selldown friday and today is those shareholders who do not agree with the diversification of business and would like to exit company. in longer term view, this diversification seems to have more positive impact to company

good reply to UMA, high possibility deal is nearly go thru, may continue today

retracement after UMA, we see how it go

Recent quarter results show improvement..should be good sentiment for future

Good result, recent quarter profit and half yearly profit increased by 240%

Yep tomorrow its possible buyer to overrun seller since the OR is relatively cheap compared to its mother and this might entice those who are wanting to subscribe the rights issue to buy into OR

We will see how it goes tomorrow

Inix OR is currently trading at discount compared to mother share..mother is trading at 13c while the OR is at 1c. Right issue subscription is 10c, therefore example if you buy INIX-OR at 1c and subscribe rights issue, you will get mother shares plus free warrants..

So theoretically, the reason why this happen is maybe many investors do not want to subscribe to the right issue,hence many sellers than buyers emerge

INIX-OR will only be trading for another 2 days, should there be long term investors who evaluate that this right issue is a good deal for investment, we would see the price of INIX-OR rising within the last 2 days where there will be more buyers than sellers

ya agreed OR around 9-10c should be rebound before close

no problem @ Oldmann

@ cm..khazanah holds 20.7%..khazanah also owned AEMULUS and look what happened to the counter after listing?

its just a matter of time before this counter flies high..need to get rid of contra and short term holders first

this week..potential..since already long after contra period..wait and see

patience..after kill all contra then only may fly again

very potential to fly high ..just follow mother

rebound after t4

lion waking up

CAP-Wa quite dangerous because too penny..mother share more stable

today T4 since first day spike..we see how today

18c support..now forming triple bottom pattern..already hit 18c two times in past few weeks

if u ask me..yes got hope to bounce if stay above 18

based on market positive sentiment can continue to jalan today

30c coming potentially

today T4

ya lor..after contra over can fly

maybe time to wake up from sleep this counter!

lion sleeps tonight (lion king song)..tomorrow wakeup and roar..haha

125,000 small amount only..does not affect market sentiment

the loss is in the past..investors buy counter for future prospect not because of past history

if not private placement will not subscribe at 20c @ 10 million unit

with products finished and researched, future prospect is looking very bright for this company..might even be next ifcams..

whoever sell below 20 sure got ppl sapu

announcement says private funder will takeup 10M shares at 20c..which means its good because the stock usually trade below 10c last time

this shows future positive outlook for this company as someone willing to invest RM 2 million to takeup..

normal la no free lunch..always hv trap one whether uptrend or downtrend..

not a dream but depending on the strength of potential investor..if the new investor is established and strong, this counter will easily above 10c

potential new investor bail out..similar to perwaja trend

someone keep selling 6.5..no patience..

just now talk only 5.5..now sudah 7

this counter later 15c baru wana buy..aiya..i sapu now first la

whether success or not, is another story..share must pushup first mah regardless success or not, must try first only will know..

if share price never push, very lower confidence that new investor will join..

agree with investor99 if let in new investor at very cheap price they will get lot of equity..so need to push share up first prior to boost new investor confidence mah

buy on dip

yday T4 but didnt go down..today can continue go up lor

invest for future..not short term profit..this counter can buy if drop back

gogo..next target 25

sudah bangun tido..31c coming

Buy buy,worst day was over yesterday..luckily i got some at 65.5

Waiting for more action!

Yday T4 alot of buyers at 65.5c..means got ppl collect

The time when people are most scared is when the action will happen..we will see

Good comment siva..we see how it goes today

Expecting further rebound as it has been oversold

Today T3 since news out and price manage to climb up

Small volume indicate reduce in number of sellers..so tomorrow will see more action for this counter

Yes,seller out already and now people are buying

Good recovery sign for this stock..expect stronger momentum tomorrow

Nearly run out of sellers,bull race soon on company future prospect from the cash gained from sales

Collection at 68-685..

We gona see some action soon

not gamble, as i said u think anyone will be stupid to just sell company without future plan?

of course short term ppl can sell down..but dont forget this company gain from the sales, the cash in hand is good for them to proceed with their business plan

today and tmro maybe get rid of the short term ppl who will cutloss, ppl who will hold long term will collect

happy trading!