sell hibiscs and buy drbhcom ..... crazy ah ? hibiscs is comfirmed to trend up, no body know how high it can go. Just ride on it lah. Drbhcom , in my opinion, is sideway, at best.

Buy DRBHCOM and hold is still OK, BUT Don't buy DRBHCOM-C23 , it is worthless.

if you do not know warrants intimately, don't touch, mostly they are worthless.

well, it is "in-the-money" , just not -ve premium, that "bloody sucker" used ratio 1 to calculate premium instead of ratio 2.5

C28 having minus premium??? look at the ratio. The -ve premium displayed is an error. On purpose or not, YOU decide for yourself.

federal reserve bank raised interest rate by 25 points, i think more challenging time ahead, this is just the beginning.

what show ? what show ??

The outlook for DRB-Hicom remained challenging given the tough operating environment of lower sales of motor vehicles amid stiff competition as well as weak consumer demand.
“However, the group is looking at a turnaround plan for Proton, which involves a RM1.5bil soft loan from the Government that is geared towards helping Proton in its turnaround efforts, as well as to expand into domestic and international markets and to identify a strategic partner by the first quarter of 2017.” Despite being positive on news of a potential tie-up with a foreign partner, it expected the overall weakness in the automotive segment and the prevailing fragile consumer sentiment to dampen DRB-Hicom’s subsequent quarterly performances, as well as trading sentiment.

watch out !!!, too positive and it is not reasonable.

the best strategy is to make money right away, why need to wait ?

at the end of the day, it is about financial power, one party want to push it down, it is so obvious.

YOu people are just like investment banks , some for , some against.

one party want to push up price, another party want to push down.

smartly, fyi, every term sheet is unique.

OFFICIAL ANNOUNCEMENT : We wish to announce that the DRBHCOMC19 expired at 5.00 p.m. on 30 Nov 2016 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount = 8.19 sen per warrant.

KUALA LUMPUR: Public Investment Bank Research (PIVB) has upgraded DRB-Hicom to Outperform as it expects recent new models launched by Proton will help improve its performance for the automotive division in the 2HFY17.

It said on Wednesday Proton had launched four new models since August to October 2016 would help improve its performance for the automotive division in the 2HFY17, hence it maintained its earnings forecast. It has a 12-month target price of RM1.31, which is 33.7% above the last traded price of 98 sen.

well, smartly, today is the day where they need to compile the necessary reports and get signatures of approval. The official announcement of the cash settlement amount will be this evening.

What wrong with expiry date for warrant? , it is like a cut loss or take profit mechanism without affecting the pressure of selling part. I will get back 8.192 sen per warrant.

I bought 15,000 DRBHCOM-C19 @ 11 sen and another 30,000 DRBHCOM-C19 @ 10 sen on Friday, Nov 25 were a mistake as well. But I blamed no one.

confession: I bought 10,000 shares @ 1.08 ...... it was a mistake.

Average of VWAP of last 5 trading days prior to the expiry date.

nov 23(day#1) nov 24(day#2) nov 25(day#3) nov 28(day#4) nov 29(day#5) the cash settlement amount is 8.192 sen per C19 warrant.

smartly, according to time sheet, today is the last day(day #5) the VWAP will be used for computation of cash settlement.

1.1373 (NOV 23)
1.123 (NOV 24)
1.1166 (NOV 25)
1.0324 (NOV 28)
1.0003 (NOV) 29
1.08192 (AVERAGE)

kayyong, flyingkite never read the term sheet C19. C20 is based on closing price. So, kayyong, YOU get a little bit more back because C19 is using VWAP.

Flyingkite, YOU're right about C20, but not C19. Tomorrow's tradings will not be taken into considerations for C19 and C20.

For those who are holding C19, the settlement price is 8.192 sen per warrant, official announcement will only be released tommorrow evening.

rm20 + gst

flyingkite, i am sure you do, please share it with us.

c19 still OK , 23 NOV (VWAP= RM1.1373), 24 nov(VWAP= RM1.1230) + 3 more days to go.

C20 DIE LIOW!!!

wow!! MACQURIE PLAYS VERY DIRTY. 24 NOV (1.10) = EXERCISE PRICE, PAY NOTHING !!!

that's right, smartly, tomorrow, the expected settlement price will be more solid, hard for mm to manipulate.

smartly, agree with you, 11 sen and below can buy.

cheap .... value for money, good choice for tough time like now.

smartly, c19 is more difficult to manipulate than c20, by noon tomorrow, i can more or less know what price to offer for c19, if successful, i will just wait for a cheque.

do you know , the best timing to buy c19 is tomorrow afternoon ?

for c20, it is RM1.12 (23 NOV) ..... as stated in TERM SHEET, not based on VWAP.

smartly, it is RM1.1373 (23 NOV) + 4 more days to go.

so, i think for c19, settlement price is above 10 sen.

c19 is based on VWAP which is > 1.137 yesterday, at this moment , today's VWAP is RM1.1213

manipulations ? .... just complain it to aduan@bursamalaysia.com

tough time ahead, people buying proton to control their expenses, cheap cars in demand.

Cheap cars impact will be less. Everyone needs transport, so, can't afford expensive car, just get a proton car.

Synergy Goldtree is RA's white knight ?

no brainer, unless you are trader, the best time to buy is now, wait until the price touch 40 sen first ?

For mid term (12 to 24 months) , this is a great stock to invest, sure huat one. For how long, how long can syndicate depressed the price this low.

another new project worth RM32 millions.

Investment bankers are not stupid, share price will come down during expiry/valuation period of a structured warrant.

bullish, new day high this afternoon.