Posted by fl888 > 2017-06-23 14:55 | Report Abuse

Buy on rumors, sell on confirmed news will affect DRB , north or south ??

Posted by takashi86 > 2017-06-23 15:36 | Report Abuse

Dun think too much, as 4 days holidays coming, just sit b and relax, wait for all those "professional" IBsss to release their reports and comments...

I think HLIB will be the very first to release report, as they r giving the highest TP in the market now...

Posted by ivankvs > 2017-06-23 15:37 | Report Abuse

1) DRB return Gov RM 300mil + preference dividend certificate RM50mil
2) Upon payment RM300mil above; DRB still owe Gov RM 1.2bil

3) Gov – RM1 .1 bil Reimbursement Grant to Proton
a) Settle in full its Syndicated Loan facility RM525 + 8.3mil
b) Pay to DRB RM566.7 mil

--> what will DRB do with cash RM 566.7 mil from Proton?

Posted by Awet91 > 2017-06-23 16:12 | Report Abuse

Wednesday fly fly?

Posted by vegebotak > 2017-06-23 16:15 | Report Abuse

drop la.....crashed lo.......stil fly.....

Posted by Nikmon > 2017-06-23 16:15 | Report Abuse

Not open until next wednesday, the timing of signing is not good,

Posted by balvin71 > 2017-06-23 16:20 | Report Abuse

With the deal DRB will also be getting prime Batu 3 land, Glenmarie casting plant land and also Tg Malim/Proton City land. How much is this worth?

Posted by Grow1 > 2017-06-23 16:25 | Report Abuse

The Edge quoted market consensus
Target price = 2 25 (0.45 upside...26%)

Posted by Grow1 > 2017-06-23 16:28 | Report Abuse

www.theedgemarkets.com/video-feeds/fridaytakeaway

Posted by JJchan > 2017-06-23 16:50 | Report Abuse

read lastest biz focus about proton/geely......the author(s) doesn't get it correctly bcoz he doesn't
know manufacturing / production ( but he is quite close).....Gov. has loan proton 15billions over
10 years period and what do we get???? SUV monthly Sales in Malaysia is only 2000++( proton
turn around Plan is 200,000 units per month ( supply More than Demand)

Anyway, Drb is officially a goreng stock so it doesn't matter what is real or Not

Posted by JJchan > 2017-06-23 17:03 | Report Abuse

sorry it should be 200,000 suv per year.....this is what i heard some analyst said during press conference

Posted by chamlo > 2017-06-23 17:11 | Report Abuse

What Geely interested in DRB is Lotus. They will manufacture Lotus in China. How abt Proton car? Dump like rubbish?

Posted by JJchan > 2017-06-23 17:24 | Report Abuse

Geely just want Lotus Design Team( not manufacturing) to improve Geely products to compete
with Korea and Japan in international market.....as for proton---hahahaha ( cannot said bad
things about junk anyway)

Posted by JJchan > 2017-06-23 17:30 | Report Abuse

someone in this blog suggest name change to "potong" or "potong stim"
what about "Waja Potong Stim"

Posted by qwerty > 2017-06-23 17:35 | Report Abuse

Cannot write off Proton too early.

Posted by qwerty > 2017-06-23 17:36 | Report Abuse

Paymasters knows best what it takes to do biz professionally.

Posted by Effendy Tay > 2017-06-23 17:39 | Report Abuse

Rome was not build in a day. Lesson of the past is careful approach for future progressive development. As business management, I'd you have not experienced failure, it's assumed inexperienced management for future development. Geely going to be firmed to orientate no hanky panky unlike the past l
Political intervention sitting on the laurel at the expense of investors funding. A good lesson indeed. Once beaten twice shy third time never dare to simply try

Posted by qwerty > 2017-06-23 17:40 | Report Abuse

Proton has a bright future with Geely, climbing up slowly, making ends meet and thence plan for the rout.

Posted by yongch > 2017-06-23 17:42 | Report Abuse

Hahaha....pm announced proton sign married certificate wz cinapek...but cinapek dump old fashion model to proton so continues used factory in tg malim!this old fashion model oledy many yr in china cny115k...so now buang sampah to msia shd b selling below rm50k...tp2.0!!!kikiki....

Posted by gcke > 2017-06-23 18:02 | Report Abuse

Updated news: http://www.themalaymailonline.com/money/article/after-buying-proton-stake-chinese-billionaire-says-lotus-car-may-be-produce

Posted by Huat168 > 2017-06-23 18:32 | Report Abuse

Last time geely buy Volvo, how is the Volvo now? It turn into profit.
Again, geely now buy proton, people suspect also. Few years later you will see the result.

Posted by LOO99 > 2017-06-23 18:39 | Report Abuse

If ploton rugi...geely also tanggug rugi 49.99%..untung lugi sama bagi lor..

Posted by Huat168 > 2017-06-23 18:48 | Report Abuse

At least drb now try hard to turn around proton. It is better than do nothing and remain huge loss as the past. It is just whether investor agree a bright future for proton or not. Some more, proton is just part of drb. The loss from proton will reduce in near time to drb. The effect of reducing loss in proton is higher than the numbering. For example, company A loss 10m, company B profit 6m. Both company A and B is control under mother company C. So, company result will be loss 6m. It looks not good as huge loss making. However, if sell 50% company A to other, even with same bad result, mean loss 5m then, company B profit 6m. The result for company C is profit 1m. It look much better right?
In addition, company B = drb other business except proton, is getting better like posted etc as mention by Calvin and others.
Company A = proton which may have some ++gain or less loss after partner with geely.
And, drb receive some cash from the selling and grant.

It worth a bet on it to put money here right?

Posted by Huat168 > 2017-06-23 18:50 | Report Abuse

Like posted*= POS

Posted by LOO99 > 2017-06-23 18:56 | Report Abuse

When u have optny to make money, take it! But never fall in love with a stock..Run faster if it turn against you

Posted by Huat168 > 2017-06-23 18:57 | Report Abuse

Loo99, yes. So do you think geely boss don't have plan to turn proton to profit or try to reduce the loss impact from it? He will need to answer to geely share holders as well. If he no care about proton and remain it in huge loss, both parties will suffer it. How many loss here in proton, geely have to use same amount of money just to get it balance as 0. Otherwise a same amount profit will shown on geely balance sheet, if don't have proton loss contribution.

Posted by LOO99 > 2017-06-23 19:13 | Report Abuse

Yes exactly..agree mr. Huat168

Posted by yongch > 2017-06-23 19:13 | Report Abuse

So what will b the next????DRBhcom will host EGM soon lo....aiyoo far lo...shah alam glenmarie ...hope next week tp2.0 will wash hand sailang lo!!!kikiki...

Posted by Lkl888 > 2017-06-23 21:29 | Report Abuse

EPF bought more DRB shares > 5.11%. Bright futures for DRB and Proton@Geely

Posted by michaelwong > 2017-06-23 21:39 | Report Abuse

Suspended with goods reasons pending announcements and should be a good sign for the stock price to move forward when market reopen so those who bought earlier at cheaper price should be comfortable

Posted by lwyy60 > 2017-06-24 01:52 | Report Abuse

Lolz, argue more wont do any good, if open above rm1.86 wil be too great, as it will b good bottomline for drb. A great company need good CEO. Who is Geely CEO? He is amazing people. Read through his portfolio and u will be amaze. My work company before that was 100% state own company and loss million through out the years and guess what? it turn out just like drb n geely. Now my work company hv gaining revenue yearly after joint venture with jerman corp and more than 100m. Good luck all.

Posted by aa88 > 2017-06-24 08:15 | Report Abuse

this good deal? only 170 million cash other take 260 million China Boyue stake only....

Posted by poorkid > 2017-06-24 09:22 | Report Abuse

I am poor. What models Geely produce cheaper than Axia?

Posted by poorkid > 2017-06-24 09:23 | Report Abuse

Talk no use. Proton car sales already jump? Coming QR sure make profit?

Posted by poorkid > 2017-06-24 09:25 | Report Abuse

Why loss RM 328.451 million everyone blind?
30-May-2017 31-Mar-2017 3,481,596 -255,628 -262,267 -328,451 -7.53% -5.41% -16.99 0.00 3.1400 -193.05% 58.46%
https://klse.i3investor.com/servlets/stk/fin/1619.jsp

Posted by lwyy60 > 2017-06-24 09:40 | Report Abuse

Geely will assist in > , cash injection 170m, management expertise, SUV boyue 290m, proton rnd as global centrel execllence, future models, MANUFACTURING HUB for Geely RHD models, local vendors on GLOBAL SHARED PURCHASING SYSTEM, ASSEMBLY of Volvo cars, LATEST TECH N RND PROGRAMS & operation Relocation to Te Malim. Yeah Geely bring nth to Proton? Lolz. U will see how BIG invester react to drb in coming months.

Posted by henry888 > 2017-06-24 10:25 | Report Abuse

Do you mean Geely don't care and foresee the loss in Malaysia and making profit in China. And they don't mind to share the losses with proton?

Posted by pakatan_harapan2 > 2017-06-24 10:32 | Report Abuse

Might be just show off from our PM Dr M is bad so agree to whatever deal China Geely might come?

Posted by nasaie24 > 2017-06-24 10:35 | Report Abuse

Boyue is not old model, 2016. Current honda jazz being sold in malaysia is 2014. Boyue is the highest selling suv in china

Posted by limch > 2017-06-24 10:44 | Report Abuse

Now DRB is selling cars in M'sia not China. How is M'sia current reception towards Boyue ?

Posted by LOO99 > 2017-06-24 10:45 | Report Abuse

Geely target market malysia..south east asia..china and...next

Posted by nasaie24 > 2017-06-24 10:49 | Report Abuse

If the car is really good, like boyue, even bad perception cannot affect sales

Posted by lwyy60 > 2017-06-24 11:00 | Report Abuse

China alone were already huge market for geely, geely intention are not for this, proton should do this many years ago, atlast. Congrat all for holding this. Buying into proton like buying into geely. Good luck all.

Posted by vegebotak > 2017-06-24 11:09 | Report Abuse

maybe we see this time GEELY benefit the most, but dun forget about the future and prospect they will bring to PROTON.

Most important is , DRBHICOM will benefit the most by some 1 ( GEELY) will bare with them this liability ( current ) and some 1 will bring them profit in the future. Some more government also will pay 1.1B to Proton for new R&D.

The best thing is , DRB can get all the lands and buildings from Proton asset. What i want to say is DRBHICOM will benefit the most, secondly Geely and Government the 3rd 1.

Posted by LOO99 > 2017-06-24 11:10 | Report Abuse

If geely making more profit jv with proton..even better. If geely doesnt gain any profit ..very bad for geely n proton. But even if proton geely jv dont make profit at the begining...also good for drb because geely share almost half proton's loss

Posted by LOO99 > 2017-06-24 11:24 | Report Abuse

Those who buy drb at low price...80 cents to 1.70 no harm to hold on. Let c what coming ahead...going north or south. Small fluctuation is just normal. 1 thing for sure is we never fall in love with a stock

Posted by Huat168 > 2017-06-24 12:51 | Report Abuse

Proton become debt free when geely come. The joint 1st priority is to stop loss, then only further take care of future plan. It is all stated in their announcement. You now talk about how many years later for the electrical car etc, how popular is it now in whole market, some more in ASEAN? They have plan for it, success or not no people know. But with government support, technical or R&D support, geely a team of experience management, fund, etc, it worth a bet. Even in very near term can't make into profit, but reduce loss, and even can share with geely. In high chances, it will only become better. Even Worst case, still in huge loss, but with debt free, save interest etc, release the value of assets like land value etc, and most important thing - share with geely. It looks good to drb.

Posted by ks55_ > 2017-06-24 13:45 | Report Abuse

Why must Geely buy loss making Proton? No other place to park their money?

Posted by TrippleZ > 2017-06-24 14:17 | Report Abuse

Of course Geely got their own reason to invest in proton. You do not need to know why.

Posted by ks55_ > 2017-06-24 14:54 | Report Abuse

If don't know how to buy DRB?

TrippleZ Of course Geely got their own reason to invest in proton. You do not need to know why.
24/06/2017 14:17