If only C23 not expiring in 5 working days and not issued by MQ.. hmm

As expected..

http://www.thestar.com.my/business/business-news/2017/02/20/chinas-geely-to-bid-for-proton-soon---sources/

Good performance today. DRB closed up 7 sen with a positive Buy Rate of 66%. All contrarians/profit takings were well absorbed with the buy queue at the 1.38 closing price still intact. Tomorrow.. sunny !!!

.. :D

OMP.. me opine C30 is the best due to its low EV and long maturity date near end of the year..

Yess.. juz 1 more big block left !!

Possible M&A for Bank Muamalat? Nice.

"DRB-Hicom Bhd is most likely to sell a controlling stake in Proton Holdings Bhd to French auto giant PSA Group, which produces Peugeot cars, according to sources"

"Geely Automobile Holdings Ltd, the other contender to buy a 51% stake in Proton, may be offered a proposal to take over Lotus from Proton"

So.. potential to have 2 FSPs instead of just 1.. superb indeed.

Calvin.. my advise.. no need to promote or write so much. People already know that once the FSP is completed.. DRB will shine again.. as its subsidiaries are many and various. DRB is not Proton as some people confused. Also the soon to be announced QR will also affect the trend.. up/down depending on the results whether better/worse than previous QR.. pending the FSP process. Cheers.

With regard to the "LOTUS" name.. yes I agree.. its an established and prestige name to be had under Lotus Cars which is owned by DRB through its subsidiary Proton.

To reduce the risk.. if interrested in warrants.. try to buy only those that mature after June 2017..

Also me opine bcoz C22 matured today.. hence any uptrend effort will be capped.. normal laa

Looks like the buy interests on DRB are building up. Lets hope the persistent sellers are absorbed and the uptrend still intact. Cheers.

Whatever it is.. I think the blockages and pushdown this week were mainly bcoz of C22 expiring tomorrow. Me did mentioned earlier that we may have to wait till beginning of next month for the uptrend to continue bcoz C23 is maturing end of tis month (issued by the notorious MQ). The FSP deal is still on.. as planned.. but not quicker as rumoured. Just that I still feel the words used in the recent statement by DRB were quite lifeless (by an idiot). Gudluck all.

C22 matured tomorrow. Hopefully after that the suppression is reduced. Again.. idiot statement by DRB. Its price will continue to bleed with no real support.. what a pity. If I'm the boss.. I already boot the spokeperson.

OMP.. why you say chase? Tomorrow trend up??

This kind of news will surely bring down DRB. Who is the stupid idiot who gave such a "negative sounded" statement.. hmm??

http://www.theedgemarkets.com/my/article/drb-hicom-has-yet-select-foreign-strategic-partner-proton

.. and me dont understand what is the meaning of this "we will however endeavour to complete (the search) as early as possible". I thought it was mentioned earlier.. today is the deadline??

.. why GLC companies always have idiot spokeperson like this huh? Why cant just say "We confirmed have received (the number of bids) and we are scrutinizing them and will announce our decision soonest". Thats all.. we dont have to know all the technical and flowery words etc.

Kaput laa DRB like this.. tomorrow onwards.. :(

Yup.. looks like MMs and Kenanga are pressuring down to create panic sell and the latter to lower the avg value of C22'.. sheesh..

We all know that the FP will eventually be announced. Its just a matter of timing. Therefore.. yer all monitor closely and by then should know what to do.. gudluck!!

Yes.. agreed and C30 too with EV at 1.10 and a long way to maturity on 30/11/17 (289days).

Today.. very persistent blockage at 1.35.. hmm

Heavy accumulation observed with a positive Buy Rate of 67%..

Prolly the SP maybe announced very soon... :)

.. :D

C22 expring this week.. blockages.. hmm

Good performance with high volume today. DRB ended at its highest today up 7 sen with a positive Buy Rate of 62% and the buy queue at 1.33 still intact. TA wise.. expect more uptrend tomorrow onwards.. hmm

Most prolly the warrant issuers (C22/C23) are doing their best effort to block the advance.. hope they failed.. hmm

Proton has 7.9 bil tax credits:

http://www.theedgemarkets.com/my/article/proton-attractive-acquisition-target

Thanks for sharing..

TA wise.. for today.. DRB must break the persistent 1.34 blockage.. then it shall fly further !!

Well said. Some people never buy bcoz always expecting a counter's price shall drop to a very low level before considering.. hmm.. opportunity cost.

I think DRB already did the analysis or assessments and the SP could be announced sooner than anticipated. Also I'm quite sure DRB will let go 51%.. if not why the need of government's approval, right. Also.. be ready for DRB to request for a suspension in trading for a material announcement.. soon.. hmm

Thanks for sharing opinions..

"In DRB’s results for FY16 ended March 31, the firm posted a net loss of RM991.9mil. Its automotive segment booked almost RM1bil operating losses. Excluding its automotive’s RM1bil loss, DRB-Hicom should have made a RM370.5mil profit."

Just imagine if DRB managed to "solve" its Proton's predicaments. This has been what the recent news are all about.. the "change".. hmm

RojakInvestor.. yes me concur. And thats why its the most favourite for the punters..

Yes.. and so unfortunate coz C22 was issued by Kenanga and C23 by MacQuarie. They are well known to be very notorious especially MQ.. hmm.. gudluck to these warrant holders..

Pity to those that bought C22/C23 recently. C22 is going down coz maturing next week while C23 (expiring end of tis month) is currently worth a toilet paper coz mom stays below 1.3. And yes.. the issuers are laughing..

Not roadblock but suddenly big support (more than 20k lots) at 1.26.. but very passive and just accumulate.. and DRB ended 3 sen in red. No idea what the MMs are doing.. hmm??

Really cant believe DRB went against the KLSE green wave today. What a con job.. hmm??

Sad day indeed for DRB. KLSE nicely green but looks like DRB kept being pushed into the red zone causing buyers to stay very passive. Me opine most prolly due to C22 and C23 maturing in a week and 2 weeks. Unethical but normal in our bourse.

DRB mentioned it will continue to maintain a signicant stake in Proton.. not majority. Please read the news again ya..

Me noticed C28 was pushed down in the last min by 1 lot. Compared to all warrants with more than a month expiry.. now its the lowest premium.. 10% only.. with the lowest EP (1.05) and expiry end of June 2017.. hmm

Why selling? Good news are churning out quite frequently recently and more soon.. hmm??

DRB is trading at a price of only one third (1/3) of it NTA. Why so low? If half of NTA also should have been about 1.6 by now.. hmm??

Just within a month.. Geely has soared from below 8 to above 10.. wow!!

Wondering why huge blockage at 1.29 today.. hmm??

So.. looks like its a done deal then..

Based on warrants with expiry more than 1 month.. C28 (6 months) is with lowest premium (11.4%) and lowest EP (1.05).

Will this affect Geely? Hmm..

http://www.thestar.com.my/business/business-news/2017/02/07/volvos-main-factory-hit-by-violent-fire/

Today the buying spree was very high. Me opine it was not fake.. just that the contrarians and profit takers are hampering the advance.. hence the blockages.. hmm