Posted by stockkking > 2017-06-22 12:20 | Report Abuse

the dance is back
bum ciak ciak
bum ciak ciak
bum

Posted by si3nz > 2017-06-22 12:27 | Report Abuse

sign woohoo

Posted by 888 piggybank > 2017-06-22 12:30 | Report Abuse

According to my remiser, suspension 2days is also considered trading day. Meaning if you bought yestday T, T1 n T2 is not replaced . You have only T3 to trade.The trading house is RHB. Anyone can clarify?

Posted by ivankvs > 2017-06-22 14:19 | Report Abuse

.

Posted by lirhahs199 > 2017-06-22 15:00 | Report Abuse

Why so takut nowadays everybody takut

Posted by yongch > 2017-06-22 15:21 | Report Abuse

Hahaha...from high debts hopeless donkey soon become"cash"rich plus govt fresh billions funds plus going selling bank share plus many big land selling.....wahahaha!!!!Ini kali la!!!kikiki....all ikan bilis hold tight tight buy more lo!!!!ini kali lo!!!!tp2.0 above for sure!!!

Posted by si3nz > 2017-06-22 15:30 | Report Abuse

signed...is a good sign tmr

Posted by Lkl888 > 2017-06-22 15:38 | Report Abuse

Tomorrow is a full trading day. T1 T2 are counted for DRB. So Wednesday 28/6/17 will be T3 if you bought DRB on Wed. 21/6/17.

Posted by si3nz > 2017-06-22 15:50 | Report Abuse

bought anytime also confirm profit don worry

Posted by richard ng > 2017-06-22 16:46 | Report Abuse

dream is always dream,when you woke up everything will be changed!and the fact is always cruel!

Posted by 888 piggybank > 2017-06-22 17:00 | Report Abuse

Thank you Lkl888, appreciate your feedback ! Hope Wednesday can Huat!!!

Posted by Lkl888 > 2017-06-22 17:37 | Report Abuse

Malaysiakini: Geely's SUV will move Proton to top gear ! Proton SUV will be available by second quarter of 2018.

Posted by balvin71 > 2017-06-22 17:40 | Report Abuse

Someone whatsapp to me....going to show the new SUV tomorrow.....Must be after sign the definitive agreement than show the car....hopefully can launch this year, than 50.1% can earn profit too. Long term, this stock can go to RM3.00......with shah alam factory land bank, tg malim land bank, glenmarie land bank, all can monetize in the long term.

Posted by LOO99 > 2017-06-22 17:43 | Report Abuse

Big money coming

Posted by 8wpwtmt8 > 2017-06-22 18:37 | Report Abuse

DRB-HICOM BERHAD ("DRB-HICOM") PROPOSED ISSUANCE BY PROTON HOLDINGS BERHAD, A WHOLLY-OWNED SUBSIDIARY OF DRB-HICOM, OF UP TO 250 MILLION NEW REDEEMABLE CONVERTIBLE CUMULATIVE PREFERENCE SHARES OF RM0.01 EACH TO GOVCO HOLDINGS BERHAD ("PROPOSED RCCPS ISSUANCE")

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5469233

Means what?

Posted by Lkl888 > 2017-06-22 18:58 | Report Abuse

It represents the payment of Rm250millions to Proton as mentioned by MITI lately.

Posted by balvin71 > 2017-06-22 19:00 | Report Abuse

Govco gave the money bit by bit. I guess the last payment, which was pending announcement of FSP, has now been given. So fully issued.

Posted by abc333 > 2017-06-22 22:01 | Report Abuse

30 reporter from china had check in , Najib will attend , sholud be good agreement to DRB.

Posted by takashi86 > 2017-06-22 22:20 | Report Abuse

Rm1.1 billion grant will release once agreement signed...

Now the only issue is the terms vf geely, hope is good...RM600 million to get geely old model SUV is too much...hope drb is smart enough to get at least RM250-300 million cash from geely...

DRB used almost rm3 billion to take over proton and accumulated lost till now...

Posted by Eric Lim > 2017-06-22 23:31 | Report Abuse

If they value the SUV at 600m then it would be the 2nd most idiotic act by the management after the selling of MV Agusta for 1 Euro.

Posted by Kai Siang > 2017-06-22 23:40 | Report Abuse

when the stock reopen

Posted by rr88 > 2017-06-23 00:34 | Report Abuse

Rm1.1 bil cash by gomen at one go, not to mention the billions coming from geely. Drb balance sheet will surely turn super green prior to election. Huge gap up at open and continue to break rm2.00. Looks like drb is their pick for election fund vehicle.

Posted by fl888 > 2017-06-23 01:41 | Report Abuse

Has the current price of DRB factored in all these .?

Posted by WarrBuff > 2017-06-23 07:41 | Report Abuse

http://www.theedgemarkets.com/article/drbhicom-buys-part-protons-rccps-gets-rm11b-rd-reimbursement

Posted by drangonball > 2017-06-23 08:38 | Report Abuse

today drb no transaction?

Posted by fl888 > 2017-06-23 08:46 | Report Abuse

Once S & P signed , completion dates of certain condition will be very complicated and take time and sometimes non fulfillment can create tension etc,,,,,

Posted by henry888 > 2017-06-23 09:41 | Report Abuse

Don't know when resumption of trading?

Posted by stockkking > 2017-06-23 09:46 | Report Abuse

let the dance begin
ciak ciak ciak
bum
bum bum

Posted by dangerousmind > 2017-06-23 09:54 | Report Abuse

KUALA LUMPUR- Prime Minister Najib Razak witnesses signing of Definitive Agreement between DRB-Hicom Berhad and Zhejiang Geely Holdings Group at Grand Ballroom, Grand Hyatt Hotel at 0930 (0130 GMT)

Posted by 7skies > 2017-06-23 09:57 | Report Abuse

Yes Yes Yes! TP2.20 wednesday!

Posted by ivankvs > 2017-06-23 10:31 | Report Abuse

.

Posted by yongch > 2017-06-23 10:33 | Report Abuse

Hahaha....TP2.0 ini kali lo!!!!!!PM attended all will b great "Green"after raya!!!!!heng ah!Ong AH!!Huat Ah!!!

Posted by limch > 2017-06-23 11:34 | Report Abuse

BM agreements also signed. What happen now?

Posted by limch > 2017-06-23 11:36 | Report Abuse

Why no price mentioned? I also want to buy your house. Can I bid at RM 1?
http://www.thestar.com.my/business/business-news/2017/06/23/drb-hicom-and-zhejiang-geely-ink-final-contract-for-proton-lotus/

Posted by Mugiwara > 2017-06-23 11:38 | Report Abuse

Why suspended...its same la before already confirmed deal...now just signed paper...lol... dont panic buy la its same before nothing to celebrate...already done since deal succesful... doesnt need to suspended.

Posted by limch > 2017-06-23 11:45 | Report Abuse

Geely people come to M'sia for tour. See see first what Proton can offer. Like we interested to buy a house must see first. If in the end don't buy possible?

Mugiwara Why suspended...its same la before already confirmed deal...now just signed paper...lol... dont panic buy la its same before nothing to celebrate...already done since deal succesful... doesnt need to suspended.
23/06/2017 11:38

Posted by limch > 2017-06-23 12:41 | Report Abuse

Why need 3 more months? Geely want to see DRB(Proton) Aug QR first?

Posted by 7skies > 2017-06-23 13:07 | Report Abuse

stil got naysayers tryin to paint doom n gloom despite many positives happnin to drb? cmon bros n sista..u missed da boat issit

Posted by TrippleZ > 2017-06-23 13:12 | Report Abuse

Price only went up around 25sen from recent selloff. The boat is still here for anyone interested to board. Happy holidays guys.

Posted by Effendy Tay > 2017-06-23 13:40 | Report Abuse

Remember how drb retrace when bail out is most important down to lowest 80cts that made everyone shiver for help, suddenly gov agreed to loan 1.5billion

Posted by Effendy Tay > 2017-06-23 13:51 | Report Abuse

That was the turning point rising above 1.35 followed with intention to seek partnership with foreign company experience with success that many have little confidence and unload whatever profit and cut losses. The second episode sent upper level between 1.65-1.85.many takes profit hoping to buy back below 1.45.Its like gaming baccarat winner takes all. Nevertheless episode three is a repeat of episode one, chase back across the breaking level of 1.85.That is normal behavior. Some comments badly hoping to buy cheaper, some give bombastic news join to profit while the long term player keep like fix deposit for long term maturity like planting the best musang king to harvest. All are right provided make good money off of the episodes.Best wishes Selamat menyambut idil fitri to all Muslim friends and family.

Posted by balvin71 > 2017-06-23 13:54 | Report Abuse

First sign heads of agreement, naysayers saying Geely will pull out, nothing concrete, deal is dead, etc., Now sign definitive agreement, say don't panic buy, news not important, why this, why that....never mind, you guy just sit and watch. At 1.80 I was still picking up, hoping on Wednesday will gap up. Among all the analyst target price, looks like Hong Leong got it right.

Posted by Huat168 > 2017-06-23 14:11 | Report Abuse

Jib also present during the signing of final agreement today. When trading resume, must have some good show, otherwise how to convince this stake selling is good as what he deem against mhatir? Kekekek

Posted by cinapeh > 2017-06-23 14:17 | Report Abuse

invest in shares are base on future growth,drbhcom no doubt is a good counter to buy,BUT epf cws issue house and syndicates control market

Posted by takashi86 > 2017-06-23 14:21 | Report Abuse

Here is the figure...dun fight...just argue, is a forum what~~

http://www.thestar.com.my/business/business-news/2017/06/23/drb-hicom-and-zhejiang-geely-ink-final-contract-for-proton-lotus/

Posted by takashi86 > 2017-06-23 14:22 | Report Abuse

Zhejiang Geely is buying the Proton stake for RM460.30mil, of which RM170mil is cash and the remaining RM290m will be in form of a transfer of the former's sports utility vehicle (SUV) platform Boyue for RM290mil.
Read more at http://www.thestar.com.my/business/business-news/2017/06/23/drb-hicom-and-zhejiang-geely-ink-final-contract-for-proton-lotus/#S8IZiC8XM0pkDhm6.99

As for the Lotus stake, Zhejiang Geely will be paying 100mil pound sterling (RM540mil) to Proton for the 51% stake.
Read more at http://www.thestar.com.my/business/business-news/2017/06/23/drb-hicom-and-zhejiang-geely-ink-final-contract-for-proton-lotus/#S8IZiC8XM0pkDhm6.99

Posted by takashi86 > 2017-06-23 14:30 | Report Abuse

Im quite speechless...mayb drb did checked tis forum, instead of not making sense of rm600 million SUV boyue injection, they adjusted to rm290 million now...

But cash still the same at rm170 million...aiya, at least got some1 share proton half loss is great sign...

Posted by limch > 2017-06-23 14:42 | Report Abuse

How much DRB pay for Proton? Selling at profit or loss?

Posted by cinapeh > 2017-06-23 14:45 | Report Abuse

drb loss billions

Posted by limch > 2017-06-23 14:55 | Report Abuse

Any downpayment paid by Geely? If later cancel purchase how?