To block its price from fallin' further.. hoping to make peeps think it has support..

Understood LOO99 but the problem is Its not everyday you're able to see KLSE trading over 1700 but when you're holding a counter that keeps going down or very stagnant.. me think it will eventually get into your nerves.. frustration.. ya?

Its not everyday you're able to see KLSE trading over 1700 but when you're holding a counter that keeps going down.. me think it will eventually get into your nerves.. frustration.. hmm

Looks like very tough to go up.. since everytime it will be pushed down back.. no matter the volume.. hmm.. maybe LOO99 is right.. wasting time here.. waiting for a ??? to fall into your lap.. lol

This counter is getting boring ya.. similar to Fgv.. after looking of other traders laughing at iwcity ekovest etc.. that easily went up so high. Here.. to move 1 sen also go blocked.. hmm

Buyers very passive and expiring warrants issuers hindering any advance.. so how to go up.. hmm.. boring ya.. come back next month then..

As the expiring warrants issuers.. of course they will do their best and use whatever means necessary to ensure the mom's price stay at the lowest average price as possible till the expiry date..

Massive persostent sell-offs today but somehow quite well absorbed with DRB closed unchanged. Tomorrow.. hmm.. hope for the best !!

ks55.. somehow I agrree with you. Based on the huge amount sold in the early trading.. looks like EPF's style of disposal. Currently big support at 1.37.. hopefully will move forward towards closing today..

Suddenly supports dissapearing.. what happened?

But FGV no volume ltoday.. with very miniscule supports. Brace for the inevitable.. hmm

Provided no sudden big sell-offs pushing the price back down.. hmm.. lets see..

Good performance today with very high volume and positive Buy Rate at 58% and managed to hit 1.90.. despite of very strong and very persistent resistance. Looks like FGV will close green up 3 to 4 sen today..

Buy Rate suddenly jumped from about 33% to 66% currently.. nice. But contrarians also very quick profit takings. MMs are smart tho.. they rather to just accumulate due to these sell-offs.. hmm. Hope can close at 1.40 today..

Good news?

The volume today is very small (about 10% of avg only). Its like waiting for a decision or something.. hmm

"the time is ripe now for Proton to seek a partner"

http://www.thestar.com.my/business/business-news/2017/03/08/proton-can-compete-internationally-with-foreign-strategic-partner/

Come on.. break all those set-up blockages !!

.. :)

PROPOSED DIVESTMENT OF 70% EQUITY INTEREST IN SCOTT & ENGLISH ELECTRONICS HOLDINGS SDN BHD BY HICOM HOLDINGS BERHAD

Thanks for sharing..

Today.. DRB back to green with buying interest growing. Hope for the best !!

DRB closed up 3 sen (positive Buy Rate of 50%) with buy queue at 1.39 still intact. Looks like tomorrow.. sunny.. and may hit 1.45 and over if 1.40 well absorbed !! :)

FGV closed up 4 sen (positive Buy Rate of 63%) with buy queue at 1.84 still intact. Tomorrow.. sunny !! :)

Why C30 was pushed down last minute? Lowest premium with longest expiry and low EV.. but now cannot buy.. haiyaa !!

1.39 also all gobbled up. Prolly got announcement.. hmm?

Very persistent blockage and even at times cutting small sell queue to hit buy queue so the price be lowered. Very obvious warrant issuers at work. If not today may reach 1.90 already (Buy Rate 62%).. hmm

And why LTH accumulate.. :)

Warrant issuers will give their best to hinder the advance and put up blockages. Hope they failed big time !!

Notice how many warrants expiring tis month? Very tough to pass thru the issuers. They are smart people and have the means to limit or push down the mom's price so the average value will be stagnant or lower.. hmm

Local funds accumulating.. for instance.. LTH.. very good. Me prefer LTH rather than EPF. Foreigners have been selling bcoz Li Shufu has been parading overseas stating that he’s planning to pull Geely out of a bid for Proton and blamed Proton's inefficiencies.. so as not to lose face. Whereas.. in actual fact.. his proposals may have been "dumped".. hmm

Lk036.. me just can say.. Me got tis feelin' a material announcement may be revealed quite very soon.. ;)

Sell queue at 1.80 all gobbled up before closing.. hmm??

6k lots sell queue at 1.36 all gobbled up before closing.. hmm??

DRB has fallen when KLSE has been supa green since last Friday till today. What a wrong timing to go down.. and buyers are very passive too. Trading at less than 1/3 of its NTA currently.. hmm. DRB's spokeperson also an idiot.. till now.. still zero statement from DRB.. what a joke.

Both FGV and DRB are being attacked since last Friday and today eventho KLSE supa green.. what a coincidence ya..

Concerted efforts by the soon to expire warrants issuers.. hmm

Me hv been reading and wondering on some peep's comments here.. why the so much hatred on Drb ??

Thanks for sharing opinions guys. Lets hope for the best ya. Happy weekend everyone..

Why cant Li Shufu said "he's planning"? Why not just say "he has decided"? Is this the way a so-called billionaire make a statement? If decided to cancel just say cancelled laa.. end of story.

Anyway.. A representative for PSA reiterated an earlier comment that the group was “willing to go further” with Proton. PSA CEO Carlos Tavares said last week that a decision on the Proton bid is expected in spring. Good.

As I mentioned earlier.. certain parties will likely use this period of uncertainty as opportunity to create panic.. while DRB is still analysing and negotiating on the terms..

Anyway.. to all.. be also careful of the news that came out.. they can be wrong i.e. fake too. Recently me loss some money in MQTECH when theEdge and theStar posted fake news.. and nil action taken by Bursa nor SC.. hmm

Warrant issuers will do their best to average down the value of their soon to mature warrants. Its a normal practice in any bourses. Also big boys normally dont interfere bcoz they can absorb at lower prices..

Those who can hold till after mid year at the least should be good.. but a no no for contrarians..

Lets hope DRB will come out wif a decision or good statement on Geely's matter and/or new FSP.. ASAP.. before traders panic become superior which normally will induce negative rumors etc. Gudluck ya.

As expected.. well.. Renault is the important one. Geely just want "LOTUS"..

http://www.thestar.com.my/business/business-news/2017/03/03/geely-mulls-pulling-out-from-bid-for-proton/

But certain parties will use this kind of news to create panic.. normal laa.. hmm

Me got tis feeling a material announcement will be revealed soon..

Rudy68.. usually when EPF selling.. the MMs prefer to just accumulate.. bcoz when EPF throw.. dont play play.. no matter whats the price. Its good too.. bcoz later when they satisfied and have accumulated enuf shares in hand.. then they prolly will push up the price..

Somehow I agree with what Hunter2016 remarks.. EPF has to get lost.. then only MMs will push up the price.. bcoz EPF is a deterence when the price is trending up.. and MMs usually will just accumulate.. (use FGV as a recent example).

Based on the sudden sell-off surge.. usually one culpirit.. EPF.. it has been their style. Remember when they disposed FGV last time like nobody business.. causing the price to drop to about 1.5 and caused people to panic sell too?

Wow.. SM.. the 10th richest in the country.. US$ 1.8 bil..

http://www.nst.com.my/news/2017/03/216719/latest-malaysias-top-10-richest-people-forbes-list

Today also I believe EPF is selling due to the persistent heavy sell-offs at 1.44/1.45. But me also noticed all being absorbed i.e. accumulated.. resulting in DRB ended.. unchanged. Me own short term TP is 1.65. Later maybe more based on my own judgement since I believe the FSP will materialise soon and M&A on Muamalat will eventually happen too.. and so on. Cheers.