http://announcements.bursamalaysia.com/EDM...9A?OpenDocument
DRB-HICOM Berhad ‘s Revenue surged to a 10-year high at RM6.31billion, see the attachment in the url above.
DRB-HICOM Berhad ‘s , Revenue surged to a 10-year hi
|
|
 Jul 20 2010, 08:42 PM, updated 16y ago
Show posts by this member only | Post
#1
|
 
Senior Member
1,404 posts Joined: Jun 2005  
|
|
Quote|
|
|
|
|
Aug 13 2010, 07:56 PM
Show posts by this member only | Post
#2
|
Junior Member
433 posts Joined: Jul 2007
|
DRB just announced in the BURSA malaysia website that they signed MOU with Volkswagon that they will be building CKD cars for them ^^
|
|
|
Aug 13 2010, 08:01 PM
Show posts by this member only | Post
#3
|
Senior Member
2,516 posts Joined: Feb 2007 From: Uarla Umpur 
|
QUOTE(PureGeek @ Aug 13 2010, 07:56 PM) DRB just announced in the BURSA malaysia website that they signed MOU with Volkswagon that they will be building CKD cars for them ^^ the VW will be sold in SEA market ?  hope got quality else.. sales will be shit and price will drop... im guessing its a good "buy" ??? |
|
|
Aug 13 2010, 08:09 PM
Show posts by this member only | Post
#4
|
|
Junior Member
433 posts Joined: Jul 2007
|
dude do some research u will know DRB Hicom currently assembles AUDI OOOO cars, and they are doing fine (means quality good)
Added on August 13, 2010, 8:10 pm^^ This post has been edited by PureGeek: Aug 13 2010, 08:10 PM |
|
|
Aug 13 2010, 09:50 PM
Show posts by this member only | Post
#5
|
Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
|
Why epf keep dumping drb?
|
|
|
Aug 13 2010, 11:03 PM
Show posts by this member only | Post
#6
|
|
Junior Member
433 posts Joined: Jul 2007
|
new user, are u first timer in market?, when epf dispose means some other sharks are buying....
EPF queue sell- Shark buy-up- |
|
|
|
|
|
Aug 14 2010, 11:06 AM
Show posts by this member only | Post
#7
|
|
Newbie
1 posts Joined: Aug 2010
|
previous surge also on the rumour.....N finaly it is true........it will be just minor surge.......
|
|
|
Aug 14 2010, 11:09 AM
Show posts by this member only | Post
#8
|
|
Junior Member
433 posts Joined: Jul 2007
|
the stock can reach RM 3 once they start production for ASEAN market CKD VW... if u have money, put in DRB ^^
|
|
|
Aug 14 2010, 07:24 PM
Show posts by this member only | Post
#9
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(PureGeek @ Aug 14 2010, 11:09 AM) the stock can reach RM 3 once they start production for ASEAN market CKD VW... if u have money, put in DRB ^^ Thank youI had park to sell at 1.20 for months... miss once but never hit. May be now I need to pull out and park to sell at 1.40. This post has been edited by rosdi1: Aug 14 2010, 07:51 PM |
|
|
Aug 14 2010, 11:35 PM
|
|
Junior Member
433 posts Joined: Jul 2007
|
HOT NEWS just posted 1 hour ago!
http://www.bernama.com.my/bernama/v5/newsindex.php?id=521283 DRB HICOM may be VW's export base for the entire ASEAN REGION!!! "...to make the DRB-Hicom production plant here its export base for the Asean region." |
|
|
Aug 15 2010, 06:43 AM
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
I have a feeling it's going to stay low for the next few months, wait n see.
|
|
|
Aug 15 2010, 10:29 AM
|
|
Junior Member
433 posts Joined: Jul 2007
|
QUOTE(Polaris @ Aug 15 2010, 06:43 AM) I have a feeling it's going to stay low for the next few months, wait n see. I hope so too !!  time for accumulate, i hold too little need to buy more |
|
|
Aug 15 2010, 11:00 AM
|
Senior Member
732 posts Joined: May 2008
|
so..with the news on monday maybe long white candle might appear in the chart
This post has been edited by imax80: Aug 15 2010, 11:01 AM |
|
|
|
|
|
Aug 15 2010, 01:17 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(imax80 @ Aug 15 2010, 11:00 AM) so..with the news on monday maybe long white candle might appear in the chart I hope so...I like to see 5 to 10% gap and another 10% white/green candle in the first hour so that it can hit my 1.40 selling price. good luck RGDS |
|
|
Aug 15 2010, 08:13 PM
|
Senior Member
3,887 posts Joined: Jun 2008
|
Does it mean they had under-perform for the last 10 years?
Not surprising for crony company... |
|
|
Dec 6 2010, 04:54 PM
|
|
Junior Member
218 posts Joined: Oct 2008
|
Drb hicom today top volume
want to joint venture wit big motor tycoon from europe? |
|
|
Dec 8 2010, 05:23 AM
|
|
Junior Member
80 posts Joined: Apr 2008
|
Dali said possible privatization above RM2....
http://malaysiafinance.blogspot.com/2010/1...-drb-hicom.html |
|
|
Dec 8 2010, 10:45 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005 
|
start to fly ... manage to buy some at 1.26 hehe ...
|
|
|
Dec 8 2010, 03:47 PM
|
|
Senior Member
1,116 posts Joined: Aug 2006 From: SP,KL
|
jz bought at 1.61
target price will be at 2.5 or 2,.6 |
|
|
Dec 8 2010, 03:56 PM
|
Senior Member
630 posts Joined: Oct 2010
|
Beware, this is a crony company...Election is coming so up up up goreng....After gain better run else kena trap and wait for another election!
|
|
|
Dec 9 2010, 06:54 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
QUOTE(ChinHong86 @ Dec 8 2010, 03:47 PM) jz bought at 1.61 based on?target price will be at 2.5 or 2,.6 QUOTE(escargo75 @ Dec 8 2010, 03:56 PM) Beware, this is a crony company...Election is coming so up up up goreng....After gain better run else kena trap and wait for another election! lol |
|
|
Dec 9 2010, 10:11 AM
|
|
Junior Member
86 posts Joined: Sep 2007
|
|
|
|
Dec 9 2010, 05:44 PM
|
|
Junior Member
132 posts Joined: Feb 2009
|
QUOTE(viruscai @ Dec 9 2010, 11:11 AM) another same report.http://www.themalaysianinsider.com/busines...m-buyout-paper/ |
|
|
Dec 9 2010, 06:04 PM
|
Senior Member
3,037 posts Joined: Jun 2007
|
DRB announced it is not aware of any proposals.
"We refer to the letter dated 9 December 2010 from Bursa Malaysia Berhad with regard to the above article appeared in the New Straits Times, Business Times, Cover Page on Thursday, 9 December 2010, in particular to the following sentences : (i) “Tan Sri Syed Mokhtar Al Bukhary is believed to be considering taking auto and banking group DRB-HICOM private….” (ii) “There has been speculation that Syed Mokhtar could offer anywhere between RM2.20 and RM2.70 for the DRB-HICOM shares he does not own” DRB-HICOM wishes to state that the Company is not aware of such proposal nor have we received any notice whatsoever to that effect from our holding company, Etika Strategi Sdn Bhd. This announcement is dated 9 December 2010." Probably why the price went down 2nd session today. |
|
|
Dec 9 2010, 08:14 PM
|
Senior Member
1,069 posts Joined: Nov 2008 From: Kuala Lumpur
|
seems like it going down tomorrow. better cut loss and buy back at 1.4 maybe
|
|
|
Dec 9 2010, 08:25 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Yea... It might drop tomorrow. But from the strong quarterly financial reports, this company is indeed a good investment. Whether the company would be privatised or not, the share price may still go up to RM2. It's just a matter of time. The automotive industry seems to be robust for next year too with all the new models and hybrid cars coming out. But if North and South Korea have war or Europe is facing another financial crisis, then maybe all shares would drop.
|
|
|
Dec 9 2010, 09:40 PM
|
|
Junior Member
218 posts Joined: Oct 2008
|
Of course it deny la. Otherwise privatisition will need to pay higher price!
|
|
|
Dec 9 2010, 10:38 PM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
QUOTE(satellitegadget @ Dec 9 2010, 09:40 PM) Of course it deny la. Otherwise privatisition will need to pay higher price! Haih, crony co. always have drama dept. |
|
|
Dec 10 2010, 10:29 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
The price is surging again.
^^ |
|
|
Dec 10 2010, 11:39 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
Thank the gods I did not sell!!
(this is an atheist speaking) |
|
|
Dec 10 2010, 05:32 PM
|
|
Senior Member
1,116 posts Joined: Aug 2006 From: SP,KL
|
hicom performing well today....
syed mokhtar had denied the offer oredi... but still, their performance this year is better.. will hold on cz it is undervalued |
|
|
Dec 10 2010, 06:16 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(ChinHong86 @ Dec 10 2010, 05:32 PM) hicom performing well today.... Yes. This company is undervalued. Even if there is no privatisation, the share price would still go up. It is just a matter of time only. But I think so far, only the company claimed that they have not received any offer from Tan Sri. I think the Tan Sri has not denied the offer yet. Please correct me if I am wrong.syed mokhtar had denied the offer oredi... but still, their performance this year is better.. will hold on cz it is undervalued |
|
|
Dec 10 2010, 07:04 PM
|
|
Junior Member
65 posts Joined: Jul 2010
|
So what if not privatising, it still goes up further today, yr high 1.85, so what!
DRB anytime will listed the muamalat bank, it is becoming bigger. |
|
|
Dec 11 2010, 02:06 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
Is the Hwang Vickers estimation overblown?
I can't find the full text in the news. |
|
|
Dec 11 2010, 03:27 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
http://bursapricetarget.blogspot.com/
http://politemarket.blogspot.com/2010/12/d...alue-rm355.html I manage to find these two links which claim that Hwang DBS Vickers Research estimated the target price of RM3.55. I am not sure how true and reliable this estimation is. |
|
|
Dec 11 2010, 11:17 AM
|
|
Junior Member
433 posts Joined: Jul 2007
|
QUOTE(PureGeek @ Aug 14 2010,11:09 AM) the stock can reach RM 3 once they start production for ASEAN market CKD VW... if u have money, put in DRB ^^ Aug 14 2010, dun say unker didnt share with you ya !by the way DRB-HICOM set to seal deal with VW DRB-HICOM Bhd is scheduled to sign a definitive agreement on December 21 with Volkswagen AG, Europe's largest carmaker, to assemble VW cars in Malaysia. The cars will be assembled in Pekan, Pahang, for local and Southeast Asian markets. "Tentatively, it is scheduled for December 21 with the signing ceremony being held either in the KLCC area or at DRB-HICOM's (1619) operational headquarters in Glenmarie, Shah Alam," said the source. It is understood that DRB-HICOM's top officials from its automotive divisions are currently abroad for the final leg of negotiations with VW. In August, DRB-HICOM signed a memorandum of understanding with Germany's VW to assemble and manufacture Volkswagen vehicles in Malaysia. An agreement with VW will help boost business and raise its profile among investors further. Although a big chunk of income comes from stable businesses like Islamic banking, insurance and power plant maintenance and plans to expand its property unit, its share price is still well below its net asset value of over RM2. DRB-HICOM shares closed 9 per cent higher at RM1.80 yesterday. In August, it was reported that minority shareholders voiced their displeasure at the company's annual general meeting over the undervalued shares. As a result, the company said it plans to beef up investor relations (IR) activity. "I do understand the anxiety of the shareholders and the public ... the current share price does not reflect the actual value of the company, which is actually worth more," group managing director Datuk Seri Mohd Khamil Jamil reportedly said after the AGM. Yesterday, HwangDBS initiated coverage on DRB-HICOM with a RM3.55 target price. The research house said DRB-HICOM is the cheapest conglomerate in the country with a net gearing of 0.3 times. "With efforts to be more investor-friendly now, we expect a significant re-rating from its bargain basement valuation of 5.5 times 2012 financial year's earnings per share," Hwang said in the report. The research house added that a key catalyst for DRB-HICOM is the conversion of a letter of intent from the Ministry of Defence for 257 AV 8x8 armoured wheeled vehicles, worth about RM8 billion. Source: http://www.btimes.com.my/Current_News/BTIM...icle/index_html |
|
|
Dec 11 2010, 07:00 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Wow... It seems like this counter price would continue to surge on Monday and hopefully, reach RM2!
^^ |
|
|
Dec 13 2010, 10:42 AM
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore 
|
im gonna enter at 1.8x soon... any thought?
|
|
|
Dec 13 2010, 11:09 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(shanelai @ Dec 13 2010, 10:42 AM) im gonna enter at 1.8x soon... any thought? yes, now is 1.82 ... can queue at 1.8 d |
|
|
Dec 13 2010, 11:27 AM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
lol.. already in at 1.83.. zzzz
Added on December 13, 2010, 12:03 pmsomething wrong with this counter huh? privatise news coming? This post has been edited by shanelai: Dec 13 2010, 12:03 PM |
|
|
Dec 13 2010, 07:22 PM
|
|
Junior Member
65 posts Joined: Jul 2010
|
Will it reach to RM2.00 tomorrow?with all the good news coming one by one
|
|
|
Dec 14 2010, 02:37 AM
|
|
Senior Member
1,116 posts Joined: Aug 2006 From: SP,KL
|
still waiting it to break rm2
|
|
|
Dec 14 2010, 05:09 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(shanelai @ Dec 13 2010, 10:42 AM) im gonna enter at 1.8x soon... any thought? Hmm... RM1.8X is still okay. Because there is rumour claiming that privatisation would be made between RM2.20 and RM2.70. So, we are still not sure at what actual price, the privatisation would be made (if the news is real). Hopefully it could break RM2 soon.^^ |
|
|
Dec 14 2010, 08:53 AM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
QUOTE(t5t @ Dec 14 2010, 05:09 AM) Hmm... RM1.8X is still okay. Because there is rumour claiming that privatisation would be made between RM2.20 and RM2.70. So, we are still not sure at what actual price, the privatisation would be made (if the news is real). Hopefully it could break RM2 soon. entered at 1.9. sky high price. lol^^ |
|
|
Dec 14 2010, 03:41 PM
|
Senior Member
415 posts Joined: Jan 2003 From: Petaling Jaya 
|
Bank Muamalat first-half net profit jumps 53pc
Published: 2010/12/14 BANK Muamalat Malaysia Bhd's net profit for the first six months ended September 30 this year jumped 53 per cent to RM71.9 million. Group pre-tax profit breached the RM100 million mark to RM102.1 million, 60 per cent higher than a year ago. Bank Muamalat, in a statement yesterday, attributed the better results to steady and broad-based performance including significantly reduced provisions for impaired assets. The bank's total assets grew by 8.3 per cent to RM16 billion. The asset expansion was driven by the 10.7 per cent increase in financing, attributed to steady credit appetite from both the consumer and wholesale businesses, it said. Meanwhile, in a separate statement, Bank Muamalat said it had not considered any strategic partnership nor entered into the open bid for Pos Malaysia Bhd. It was responding to a report published by an investment research company. DRB-HICOM Bhd holds a 70 per cent stake in Bank Muamalat and the remaining is held by Khazanah Nasional Bhd. Read more: Bank Muamalat first-half net profit jumps 53pc http://www.btimes.com.my/Current_News/BTIM.../#ixzz184NmkIbF Added on December 14, 2010, 3:43 pmLooks like good news is all around for DRB. The lower price in KLSE today has not reflected the group actual business confidence. Wonder why? This post has been edited by dchk: Dec 14 2010, 03:43 PM |
|
|
Dec 14 2010, 04:40 PM
|
Junior Member
118 posts Joined: Nov 2007
|
i already sold at 1.7x....
|
|
|
Dec 14 2010, 05:42 PM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
1 day grow 20c. take 3 more days to breakeven.... lol
|
|
|
Dec 15 2010, 07:22 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Hmm... It seems a lot of trading around RM1.8X. I guess it might take some time to reach RM2.
|
|
|
Dec 15 2010, 11:32 AM
|
|
Junior Member
130 posts Joined: Apr 2009
|
drop again today~ wonder when oni up
|
|
|
Dec 15 2010, 02:56 PM
|
|
Senior Member
1,116 posts Joined: Aug 2006 From: SP,KL
|
1619 DRBHCOM DRB-HICOM BHD
MOU with KAMAZ Group DRB-HICOM Berhad signs Memorandum of Understanding ("MOU") with KAMAZ Group Attach is the press release in relation to the MOU. This announcement is dated 15 December 2010. You are advised to read the full contents of the announcement or attachment at http://www.bursamalaysia.com. 15/12/2010 12:38 PM http://announcements.bursamalaysia.com/EDM...1B?OpenDocument This post has been edited by ChinHong86: Dec 15 2010, 02:57 PM |
|
|
Dec 15 2010, 05:03 PM
|
|
Junior Member
253 posts Joined: Dec 2010
|
hopefully my DRBHCOM-CC will back to 0.44.... bleeding in warrant now...
|
|
|
Dec 15 2010, 05:25 PM
|
|
Junior Member
118 posts Joined: Nov 2007
|
mother droping, warrant harder to move up...
|
|
|
Dec 16 2010, 12:55 AM
|
|
Junior Member
130 posts Joined: Apr 2009
|
Hope it increase tomolo...
|
|
|
Dec 16 2010, 12:57 AM
|
Senior Member
1,332 posts Joined: Nov 2005
|
i want to go in, but not sure maybe the price is too high now?
|
|
|
Dec 16 2010, 01:13 AM
|
|
Junior Member
118 posts Joined: Nov 2007
|
i hope it drop again tmr, so that i can buy back b4 it reach 2.00
|
|
|
Dec 16 2010, 04:37 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Yea. I also hope it drops, then I can buy more.
^^ |
|
|
Dec 16 2010, 09:22 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
drop to 1.81 ... can start to go in.
|
|
|
Dec 16 2010, 10:17 AM
|
Junior Member
450 posts Joined: Jul 2005
|
i think now is the good price to enter since today drop a bit
it might make a correction |
|
|
Dec 16 2010, 10:20 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
klse drop 8.0++ ...
|
|
|
Dec 16 2010, 10:52 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Yea. KLSE drops alot today (below 1500 points). It's time to go in. Lol.
^^ |
|
|
Dec 16 2010, 03:41 PM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
I wonder if it'll drop to 1.60 by tomorrow, then I'll buy more.
|
|
|
Dec 16 2010, 04:19 PM
|
|
Senior Member
1,332 posts Joined: Nov 2005
|
QUOTE(Polaris @ Dec 16 2010, 03:41 PM) I wonder if it'll drop to 1.60 by tomorrow, then I'll buy more. Hope got cheap sell on black friday  |
|
|
Dec 17 2010, 09:54 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Polaris @ Dec 16 2010, 03:41 PM) I wonder if it'll drop to 1.60 by tomorrow, then I'll buy more. QUOTE(popcorn513 @ Dec 16 2010, 04:19 PM) Hope got cheap sell on black friday Haha... Today seems to be a good good day! KLSE is going up. DRBHCOM is also surging! Buy rate is quite high for this counter. I doubt it will drop today. I hope it would reach RM2 soon (maybe next week? Lol.)^^ |
|
|
Dec 17 2010, 10:27 AM
|
Senior Member
712 posts Joined: Sep 2010
|
QUOTE(t5t @ Dec 17 2010, 09:54 AM) Haha... Today seems to be a good good day! KLSE is going up. DRBHCOM is also surging! Buy rate is quite high for this counter. I doubt it will drop today. I hope it would reach RM2 soon (maybe next week? Lol.) We should aim higher... TP at least 2.5x ^^  ps. I am still holding tight my shares |
|
|
Dec 17 2010, 10:50 AM
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
In : 1.76
Out : 1.80 In profit. Will re-enter once it drop at 1.75 level |
|
|
Dec 17 2010, 11:07 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Many people are selling at RM1.80 and RM1.82. It's kinda scary!
|
|
|
Dec 17 2010, 11:20 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(t5t @ Dec 17 2010, 11:07 AM) Many people are selling at RM1.80 and RM1.82. It's kinda scary! normal. Buy/Sell - no more news to push up now. Wait until the dusts settled..  |
|
|
Dec 17 2010, 11:52 AM
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(zamans98 @ Dec 17 2010, 10:50 AM) In : 1.76 1.80 - 1.76 - 0.42 (assume) - clearing - stamp fees = ??Out : 1.80 In profit. Will re-enter once it drop at 1.75 level got good profit meh? |
|
|
Dec 17 2010, 12:29 PM
|
|
Junior Member
130 posts Joined: Apr 2009
|
expecting how long to reach your TP? just wanna know your opinion
 |
|
|
Dec 17 2010, 01:17 PM
|
Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
|
QUOTE(cypher @ Dec 17 2010, 11:52 AM) 1.80 - 1.76 - 0.42 (assume) - clearing - stamp fees = ?? two hours with little efforts, will u ignore it? if the timing was right no capital also can earn money in bursa..... of course not 1000 or 2000 qty loh..... unbelievable ? believe it !!got good profit meh?  |
|
|
Dec 17 2010, 01:22 PM
|
Senior Member
4,966 posts Joined: Nov 2008
|
QUOTE(cwhong @ Dec 17 2010, 01:17 PM) two hours with little efforts, will u ignore it? if the timing was right no capital also can earn money in bursa..... of course not 1000 or 2000 qty loh..... unbelievable ? believe it !! today got 1.76 meh ? |
|
|
Dec 17 2010, 02:26 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(cypher @ Dec 17 2010, 11:52 AM) 1.80 - 1.76 - 0.42 (assume) - clearing - stamp fees = ?? Got, for me as long little profit sell la. got good profit meh? I'm small traders. 3,500 shares and the best thing - Where got use my money... QUOTE(GregPG01 @ Dec 17 2010, 01:22 PM) today got 1.76 meh ? Yesterday @ 4.45am. Today sell. Contra |
|
|
Dec 17 2010, 02:36 PM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(zamans98 @ Dec 17 2010, 02:26 PM) Got, for me as long little profit sell la. approx profit = RM 68.68I'm small traders. 3,500 shares and the best thing - Where got use my money... Yesterday @ 4.45am. Today sell. Contra maybe i more greedy... XD my profit at least i need RM 150++ nett, like my previous trade, i think got RM 350+ profit, so if i buy DRB at any price now...i still got 300+ to standby for cut lose... XD but for ur case, use RM 6K+ and to get return of RM 60+ ?? i wont go for it..coz so far max i buy contra in DRB is 2000 share only.. This post has been edited by cypher: Dec 17 2010, 02:41 PM |
|
|
Dec 17 2010, 03:02 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(cypher @ Dec 17 2010, 02:36 PM) approx profit = RM 68.68 Bro, maybe i more greedy... XD my profit at least i need RM 150++ nett, like my previous trade, i think got RM 350+ profit, so if i buy DRB at any price now...i still got 300+ to standby for cut lose... XD but for ur case, use RM 6K+ and to get return of RM 60+ ?? i wont go for it..coz so far max i buy contra in DRB is 2000 share only.. 1. Where got I use 6000MYR? Which part of contra trade you don't understand? 2. Every1 have different risk appetite. 3. Don't be greedy |
|
|
Dec 17 2010, 03:04 PM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(zamans98 @ Dec 17 2010, 03:02 PM) Bro, oh ya hor..haha..sorry...1. Where got I use 6000MYR? Which part of contra trade you don't understand? 2. Every1 have different risk appetite. 3. Don't be greedy just my personal preference for this risk..is very high for me... |
|
|
Dec 17 2010, 03:39 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
DRB Down... back to 1.76
|
|
|
Dec 17 2010, 04:09 PM
|
|
Junior Member
130 posts Joined: Apr 2009
|
wonder by next week will it increase back..
|
|
|
Dec 17 2010, 07:21 PM
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
cheong so much already. may take some time to consolidate.
 |
|
|
Dec 17 2010, 09:30 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
The closing price for today is RM1.78. I hope it would go up next week. But it seems like many people are selling at RM1.80 and above. So, maybe it would stay around RM1.80 for some time?
^^" |
|
|
Dec 18 2010, 12:24 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(t5t @ Dec 17 2010, 09:30 PM) The closing price for today is RM1.78. I hope it would go up next week. But it seems like many people are selling at RM1.80 and above. So, maybe it would stay around RM1.80 for some time? Malaysia market like that one la. Once up so much, it will take a rest at certain point, before thinking where to go. Up to you, once in profit, grab it.^^" |
|
|
Dec 18 2010, 05:55 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
Added on December 18, 2010, 6:14 pm QUOTE(zamans98 @ Dec 18 2010, 12:24 AM) Malaysia market like that one la. Once up so much, it will take a rest at certain point, before thinking where to go. Up to you, once in profit, grab it. I plan to re-enter at around 1.65. I am thinking if its price didn't move up in coming days, it may enter a coma state for a while. Since traders now are all looking for fast goreng stocks one after another.  This post has been edited by yok70: Dec 18 2010, 06:15 PM |
|
|
Dec 18 2010, 07:16 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(yok70 @ Dec 18 2010, 05:55 PM) Added on December 18, 2010, 6:14 pm I plan to re-enter at around 1.65. I am thinking if its price didn't move up in coming days, it may enter a coma state for a while. Since traders now are all looking for fast goreng stocks one after another. ^^" |
|
|
Dec 19 2010, 12:48 AM
|
|
Junior Member
118 posts Joined: Nov 2007
|
hehe, i'm waiting for the price to go down...
so that we can get cheap stock... |
|
|
Dec 19 2010, 02:13 AM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(yok70 @ Dec 18 2010, 05:55 PM) Added on December 18, 2010, 6:14 pm I plan to re-enter at around 1.65. I am thinking if its price didn't move up in coming days, it may enter a coma state for a while. Since traders now are all looking for fast goreng stocks one after another.  |
|
|
Dec 19 2010, 08:28 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Haha... I have the feeling this counter price is not going to move alot already. Maybe gonna stay at coma state for quite some time. If you guys want cheap stocks, you might as well go and look at other counters like KNM or TA or GAMUDA, etc. I think these counters will be hot for these coming few days.
^^ |
|
|
Dec 19 2010, 01:27 PM
|
|
Senior Member
1,116 posts Joined: Aug 2006 From: SP,KL
|
nw waiting it to go dwn again
i released it at 1.8x lol |
|
|
Dec 19 2010, 04:35 PM
|
|
Junior Member
42 posts Joined: Nov 2010
|
I first entered about 3 months ago at RM1.04, then again at RM1.13. wanted to average up when it was RM1.28 that level just a month ago but was cash was tied up elsewhere.
DRB's still very cheap, despite it being at RM1.80 now. P/E ratio (valuation) is a mere 6 times if i remember it correctly. another stock that i had bought heavy into was KUCHAI Development. P/E ratio is 2.6 time only. and it has gone up from 90sen 2 months ago, to RM1.75 high recently. any questions please PM me instead as i dont check back very often. |
|
|
Dec 19 2010, 09:15 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(RedJacket @ Dec 19 2010, 04:35 PM) I first entered about 3 months ago at RM1.04, then again at RM1.13. wanted to average up when it was RM1.28 that level just a month ago but was cash was tied up elsewhere. Hmm... It seems like you always buy those low P/E ratio counters. Good job!DRB's still very cheap, despite it being at RM1.80 now. P/E ratio (valuation) is a mere 6 times if i remember it correctly. another stock that i had bought heavy into was KUCHAI Development. P/E ratio is 2.6 time only. and it has gone up from 90sen 2 months ago, to RM1.75 high recently. any questions please PM me instead as i dont check back very often. ^^ |
|
|
Dec 19 2010, 10:15 PM
|
|
Senior Member
1,332 posts Joined: Nov 2005
|
QUOTE(kianopy @ Dec 19 2010, 12:48 AM) hehe, i'm waiting for the price to go down... whats you target entry price?so that we can get cheap stock... I target 1.5 |
|
|
Dec 20 2010, 12:36 AM
|
|
Junior Member
65 posts Joined: Jul 2010
|
the value of DRB actually still not fully unlocked yet. If it start selling some stakes in its muamalat bank, it will shoot up very high. Being first Islamic Bank to listed in Malaysia is a great achievement
|
|
|
Dec 20 2010, 08:41 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(paperplaneinc @ Dec 20 2010, 12:36 AM) the value of DRB actually still not fully unlocked yet. If it start selling some stakes in its muamalat bank, it will shoot up very high. Being first Islamic Bank to listed in Malaysia is a great achievement Bos, are you delirious? BIMB - bank islam is listed, how can Muamalat be the first islamic bank listed?  |
|
|
Dec 20 2010, 04:38 PM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
Woohoo, jump up 15 sen today, it never retraced back to 1.6x
|
|
|
Dec 20 2010, 07:49 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Polaris @ Dec 20 2010, 04:38 PM) Woohoo, jump up 15 sen today, it never retraced back to 1.6x Yalo... I sold all in early morning at RM1.80. So heartache now... The highest price for today is RM1.94. Sigh...^^" This post has been edited by t5t: Dec 20 2010, 07:49 PM |
|
|
Dec 20 2010, 07:53 PM
|
|
Senior Member
2,216 posts Joined: Nov 2007 From: Cheras, KL.
|
maybank all day cost me troubles no drb fun for me.
 |
|
|
Dec 20 2010, 07:55 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Eng_Tat @ Dec 20 2010, 07:53 PM) maybank all day cost me troubles no drb fun for me. Why? Maybank only falls 1 sen today. |
|
|
Dec 20 2010, 07:55 PM
|
|
Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
|
QUOTE(Eng_Tat @ Dec 20 2010, 07:53 PM) maybank all day cost me troubles no drb fun for me. oh dear, is that bad meh? since everyone was complaining HL and maybank cannot login...... osk and apex seems ok.... |
|
|
Dec 20 2010, 10:17 PM
|
|
Senior Member
2,216 posts Joined: Nov 2007 From: Cheras, KL.
|
QUOTE(t5t @ Dec 20 2010, 07:55 PM) Why? Maybank only falls 1 sen today. its not about the maybank share, its the trading platform  |
|
|
Dec 21 2010, 07:47 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Anyone has any idea why DRBHCOM suddenly shoots up again? And from the announcements made, the Employee Provident Fund Board is disposing of their shares at around RM1.8X to RM1.9X, I assume.
|
|
|
Dec 21 2010, 07:58 PM
|
Senior Member
1,020 posts Joined: Jan 2007 From: Penang
|
EPF disposing meaning some big sharks are collecting dude. And btw its far from its TP.
|
|
|
Dec 21 2010, 08:00 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(free_enuf @ Dec 21 2010, 07:58 PM) EPF disposing meaning some big sharks are collecting dude. And btw its far from its TP. Oh okay... So, does it mean safe to enter now? |
|
|
Dec 21 2010, 09:12 PM
|
|
Junior Member
218 posts Joined: Oct 2008
|
Yes pls enter now, will unload at 2.000
gogogo |
|
|
Dec 22 2010, 12:19 AM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(free_enuf @ Dec 21 2010, 07:58 PM) EPF disposing meaning some big sharks are collecting dude. And btw its far from its TP. how u sure is big sharks is collecting?? |
|
|
Dec 22 2010, 04:28 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Hm... I still feel it is quite unsafe to enter now... If it drops, then only I would buy...
^^ |
|
|
Dec 22 2010, 09:33 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
start to drop ... 1.93 now ... yesterday reach 1.99 but fail to breach thru 2.0
|
|
|
Dec 22 2010, 10:05 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Yea... It needs those big sharks to pump up the price...
^^" |
|
|
Dec 22 2010, 10:54 AM
|
|
Senior Member
1,332 posts Joined: Nov 2005
|
finally I go and bought at 1.92 after saw VW signs CKD agreement with DRB-Hicom
|
|
|
Dec 22 2010, 11:10 AM
|
|
Junior Member
96 posts Joined: Apr 2010
|
QUOTE(popcorn513 @ Dec 22 2010, 11:54 AM) finally I go and bought at 1.92 after saw VW signs CKD agreement with DRB-Hicom Too late, news already out and sell on news |
|
|
Dec 22 2010, 12:21 PM
|
|
Junior Member
218 posts Joined: Oct 2008
|
Good!
Collecting now for privatization goreng...  |
|
|
Dec 22 2010, 02:34 PM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(Zico @ Dec 22 2010, 11:10 AM) Too late, news already out and sell on news no, some 'expert' said TP is 3.5  |
|
|
Dec 22 2010, 02:34 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Hmm... It is still undervalued... So, it should be safe to buy now... It's just a matter of time to shoot up again...
^^ Added on December 22, 2010, 2:37 pmDRBHCOM - DRB-Hicom rated new 'buy' Stock Name: DRBHCOM Company Name: DRB-HICOM BHD Research House: HWANGDBS DRB-Hicom Bhd, an auto and financial services group, gained 2.4 per cent to RM1.69. DRB-Hicom was rated new "buy" at HwangDBS Vickers Research Sdn Bhd, which said in a report today the company is a "strong proxy to the consumption story." The brokerage has a share-price estimate of RM3.55 for the stock. -- Bloomberg This post has been edited by t5t: Dec 22 2010, 02:37 PM |
|
|
Dec 22 2010, 03:41 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Down to 1.88.. Still time to buy arr>?
|
|
|
Dec 22 2010, 07:50 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(zamans98 @ Dec 22 2010, 03:41 PM) Down to 1.88.. Still time to buy arr>? Closed at RM1.91. Hmm... Not sure though...^^" |
|
|
Dec 22 2010, 08:04 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
wait at 1.70.
 |
|
|
Dec 22 2010, 08:55 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(yok70 @ Dec 22 2010, 08:04 PM) wait at 1.70. Are you sure it will go down till RM1.70? I doubt so...^^" |
|
|
Dec 22 2010, 11:02 PM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(t5t @ Dec 22 2010, 08:55 PM) Are you sure it will go down till RM1.70? I doubt so... i wait at 1.68 maybe?... ^^" |
|
|
Dec 23 2010, 06:51 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
QUOTE(t5t @ Dec 22 2010, 02:34 PM) "strong proxy to the consumption story." Tautology may refer to:Tautology (rhetoric), using different words to say the same thing even if the repetition does not provide clarity. Tautology (logic), a technical notion in formal logic, universal unconditioned truth, always valid. |
|
|
Dec 23 2010, 07:27 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(cypher @ Dec 22 2010, 11:02 PM) i wait at 1.68 maybe?... Wah! So low? Lol... I hope it goes up and never comes down!!!^^" |
|
|
Dec 23 2010, 08:47 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(t5t @ Dec 23 2010, 07:27 AM) Wah! So low? Lol... I hope it goes up and never comes down!!! How is that logic? Everything goes up must come down one. ^^" |
|
|
Dec 23 2010, 10:13 AM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
share are all depends on goreng in malaysia stock. Even the potential undervalue also may not mark to market if no one is goreng it.
|
|
|
Dec 23 2010, 11:26 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(zamans98 @ Dec 23 2010, 08:47 AM) How is that logic? Everything goes up must come down one. in reality go down is easier then go up |
|
|
Dec 23 2010, 01:25 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Lol... Just hope it stays around the current price than goes down!!! Or it is even better to hope for people to "goreng" it again... Lol!
|
|
|
Dec 23 2010, 01:39 PM
|
|
Newbie
3 posts Joined: Nov 2010
|
Hi all
Anyone has any idea when the Ministry of Defense contract will be awarded? Last I read Letter of Intent.. and that was way back in April 10. This was mentioned in the HwangDSB very optimistic target price report |
|
|
Dec 23 2010, 03:46 PM
|
|
Senior Member
1,332 posts Joined: Nov 2005
|
this stock stay strong, won;t drop crazy i think
|
|
|
Dec 23 2010, 04:07 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(popcorn513 @ Dec 23 2010, 03:46 PM) this stock stay strong, won;t drop crazy i think 1.88 /1.89 now.  |
|
|
Dec 23 2010, 04:50 PM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
QUOTE(zamans98 @ Dec 23 2010, 04:07 PM) 1.88 /1.89 now. u seems happy when it drop??  bcoz u din hold any share in this counter |
|
|
Dec 23 2010, 06:05 PM
|
Senior Member
1,933 posts Joined: Mar 2006 From: ~Universe~
|
QUOTE(shanelai @ Dec 23 2010, 04:50 PM) u seems happy when it drop?? he wans it to drop badly, so he can enter... haha bcoz u din hold any share in this counter |
|
|
Dec 23 2010, 06:21 PM
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(yiivei @ Dec 23 2010, 06:05 PM) he wans it to drop badly, so he can enter... haha Still waiting to buy back lower, rm 1.50 if possible. |
|
|
Dec 23 2010, 10:19 PM
|
|
Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
|
QUOTE(SKY 1809 @ Dec 23 2010, 06:21 PM) Still waiting to buy back lower, rm 1.50 if possible. In dream. |
|
|
Dec 24 2010, 07:07 AM
|
|
Junior Member
42 posts Joined: Nov 2010
|
go and goreng AIRASIA instead lah.. yesterday share price drop something like 17 sen.. now RM2.55 or something.. can think about buying.. they looking to get listed in Philipines..
current P/E valuation is at 14x like that.. forward P/E (2011) is about 8 x so still worth accumulating |
|
|
Dec 24 2010, 10:38 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
DRBHCOM is active again! RM1.94 highest price so far till 10.30am... Still have plenty of time to increase! Airasia is quite a good bargain... But DRBHCOM is still below P/E 8 for the coming up final financial report! Still can goreng abit! Haha...
|
|
|
Dec 28 2010, 09:01 AM
|
|
Senior Member
415 posts Joined: Jan 2003 From: Petaling Jaya
|
DRB-Hicom May Rise;Insurance Units Shr Sale Report
-------------------------------------------------------------------------------- 0047 GMT [Dow Jones] Malaysian conglomerate DRB-Hicom (1619.KU) may rise to test the psychological MYR2.00 level, says a local brokerage dealer, after The Edge Financial daily reported earlier, citing unnamed sources, that the company is exploring the possibility of divesting its interests in insurers Uni.Asia Life Assurance and Uni.Asia General, in which it owns a 51% and 34.7% stake, respectively. "The stakes sale will likely be viewed positively as it will allow DRB to focus on its core auto business," says the dealer; he believes that proceeds from the sale will also come in handy for the company's capex plans. The stock closes down 0.5% at MYR1.92. |
|
|
Dec 28 2010, 09:33 AM
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(dchk @ Dec 28 2010, 09:01 AM) DRB-Hicom May Rise;Insurance Units Shr Sale Report Kinda in a dilemma for DRB.. Because the price now is quite high (In my opinion). -------------------------------------------------------------------------------- 0047 GMT [Dow Jones] Malaysian conglomerate DRB-Hicom (1619.KU) may rise to test the psychological MYR2.00 level, says a local brokerage dealer, after The Edge Financial daily reported earlier, citing unnamed sources, that the company is exploring the possibility of divesting its interests in insurers Uni.Asia Life Assurance and Uni.Asia General, in which it owns a 51% and 34.7% stake, respectively. "The stakes sale will likely be viewed positively as it will allow DRB to focus on its core auto business," says the dealer; he believes that proceeds from the sale will also come in handy for the company's capex plans. The stock closes down 0.5% at MYR1.92. Although it had been in a trend of consistent growth starting the end of may this year.. Just wondering if this trend will still be able to continue for another half year or not.. |
|
|
Dec 28 2010, 10:28 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Yea... The price is too high to buy now I feel... I think it would fluctuate in between RM1.8X and RM1.9X...
|
|
|
Dec 28 2010, 11:18 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(t5t @ Dec 28 2010, 11:28 AM) Yea... The price is too high to buy now I feel... I think it would fluctuate in between RM1.8X and RM1.9X... Price high yes but the P/E ratio still low and can it be another Hap Seng? Rise rise rise....? Don't forget just signed RM1billion contract with VW |
|
|
Dec 28 2010, 11:27 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(escargo75 @ Dec 28 2010, 11:18 AM) Price high yes but the P/E ratio still low and can it be another Hap Seng? Rise rise rise....? Don't forget just signed RM1billion contract with VWAnyhow, for the past 5-6 days, it had been trading sideways (Maybe I am wrong to say this?).. Dunno which is the next trend. The VW contract had been announced few days ago, but since then, still not much movement after that. Maybe some big gunners are on leave having vacation.. Need them to come back and spark fire.. |
|
|
Dec 28 2010, 11:32 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(Bonescythe @ Dec 28 2010, 12:27 PM) Hap Seng is construction line.. Their contract more terror.. Bigger effects. Haha. Is it Hup Seng that rise from 2 something to 6 something?? Anyhow, for the past 5-6 days, it had been trading sideways (Maybe I am wrong to say this?).. Dunno which is the next trend. The VW contract had been announced few days ago, but since then, still not much movement after that. Maybe some big gunners are on leave having vacation.. Need them to come back and spark fire.. Yeah why ar after sign big contract but no movement at all? Really the big player still on holiday ar? |
|
|
Dec 28 2010, 11:36 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(escargo75 @ Dec 28 2010, 11:32 AM) Is it Hup Seng that rise from 2 something to 6 something?? That is why i am wondering also.. either they are trading quietly, gathering most of their power at low, and goreng-ing it with their remaining (whatever amount they allocated for goreng). Yeah why ar after sign big contract but no movement at all? Really the big player still on holiday ar?or They are having fun outstation, overseas.. And when they come back, boom boom boom.. or I am just plain BS here? |
|
|
Dec 28 2010, 11:59 AM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
dont surge pls.. let it down further and i will collect it before it surge.. haha
|
|
|
Dec 28 2010, 01:29 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
In yesterday at 1.92
Out today at 1.96, yes, day high. Can get 1 barrel of KFC Guess I was lucky. |
|
|
Dec 28 2010, 01:45 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(zamans98 @ Dec 28 2010, 02:29 PM) In yesterday at 1.92 Aiyo cukup makan ke? I want to eat abalone better than kfc hehehe..... Out today at 1.96, yes, day high. Can get 1 barrel of KFC Guess I was lucky.  |
|
|
Dec 28 2010, 01:47 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(zamans98 @ Dec 28 2010, 01:29 PM) In yesterday at 1.92 In and out - fixed cost + bla bla bla cost.. Still can get KFC 1 barrel, ok la..Out today at 1.96, yes, day high. Can get 1 barrel of KFC Guess I was lucky. |
|
|
Dec 28 2010, 02:11 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(Bonescythe @ Dec 28 2010, 01:47 PM) In and out - fixed cost + bla bla bla cost.. Still can get KFC 1 barrel, ok la.. yeah man. I Q early in d morning at 1.96. All 1.96 Q was cleared and was heading to 1.97, suddenly now back to 1.92. Looks like got hope to re-enter at 1.88-1.90. |
|
|
Dec 28 2010, 02:22 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(zamans98 @ Dec 28 2010, 03:11 PM) yeah man. I Q early in d morning at 1.96. All 1.96 Q was cleared and was heading to 1.97, suddenly Why not you go in again at 1.92 and out again and again and again? Then you will have enuf kfc to eat hahaha! Damn I go in at 1.95 cannot play the game that you played... now back to 1.92. Looks like got hope to re-enter at 1.88-1.90. |
|
|
Dec 28 2010, 02:38 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(escargo75 @ Dec 28 2010, 02:22 PM) Why not you go in again at 1.92 and out again and again and again? Then you will have enuf kfc to eat hahaha! Damn I go in at 1.95 cannot play the game that you played... Go out at 1.99 laHahaha |
|
|
Dec 28 2010, 03:28 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(escargo75 @ Dec 28 2010, 02:22 PM) Why not you go in again at 1.92 and out again and again and again? Then you will have enuf kfc to eat hahaha! Damn I go in at 1.95 cannot play the game that you played... They called it luck. Bear in mind, my losses previously on other KURAP counter can buy brand new Myvi SE. |
|
|
Dec 28 2010, 04:11 PM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
QUOTE(zamans98 @ Dec 28 2010, 03:28 PM) They called it luck. Serious? How much network you set aside for your share trading? 1M?Bear in mind, my losses previously on other KURAP counter can buy brand new Myvi SE. |
|
|
Dec 28 2010, 11:47 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(shanelai @ Dec 28 2010, 04:11 PM) Serious? How much network you set aside for your share trading? 1M? The losses? Serious. LCL (the worst of all), SCAMMY, LIONKURAP, SHAAG and IPO China based company. [see - all penny stocks.]Cover a bit by TIME, IRIS. |
|
|
Dec 29 2010, 03:35 PM
|
|
Senior Member
415 posts Joined: Jan 2003 From: Petaling Jaya
|
Finally let go at 1.95. I hope everyone else makes gets to sell it higher in the coming weeks.
|
|
|
Jan 3 2011, 03:16 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(dchk @ Dec 29 2010, 03:35 PM) Finally let go at 1.95. I hope everyone else makes gets to sell it higher in the coming weeks. Dam... flying high, shot to 2.07 now.. hitting 2.10 |
|
|
Jan 3 2011, 03:25 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
OMG... What's happening? Why suddenly shoot up again? lol...
|
|
|
Jan 3 2011, 03:26 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(t5t @ Jan 3 2011, 03:25 PM) OMG... What's happening? Why suddenly shoot up again? lol... Investor back to action again.. Looks like a set up to jack prices up.. ? Dunno... Just my 2 cents..But fly very fast.. I am looking at it when it fly up.. My heart also fly |
|
|
Jan 3 2011, 03:28 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Lol... Then, is it wise to buy the shares now?
|
|
|
Jan 3 2011, 03:30 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(t5t @ Jan 3 2011, 03:28 PM) Lol... Then, is it wise to buy the shares now? No comment.. But it looks like breaking to 2.10, and going further upAdded on January 3, 2011, 3:31 pm QUOTE(Bonescythe @ Jan 3 2011, 03:30 PM) No comment.. But it looks like breaking to 2.10, and going further up They are throwing right now.. Going down againThis post has been edited by Bonescythe: Jan 3 2011, 03:31 PM |
|
|
Jan 3 2011, 03:33 PM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
Omai, is this a new consensus?
I'm glad I didn't take profit in the past 2+ weeks Let's se how it behaves at this new price level. |
|
|
Jan 3 2011, 03:35 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(Polaris @ Jan 3 2011, 03:33 PM) Omai, is this a new consensus? I think the big guns are playing on mothershare price, then releasing all the warrants to gain more profit?I'm glad I didn't take profit in the past 2+ weeks Let's se how it behaves at this new price level. Dunno |
|
|
Jan 3 2011, 04:59 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
whoa... best price movement in months!
|
|
|
Jan 3 2011, 05:01 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(zamans98 @ Jan 3 2011, 04:59 PM) whoa... best price movement in months! Incredible!! |
|
|
Jan 3 2011, 05:04 PM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
and i sold mine ar 2.13 ... XD
|
|
|
Jan 3 2011, 05:42 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
OMG!!! I sold all 2 weeks ago at RM1.94... Ahhh.... Haha... Really unpredictable...
|
|
|
Jan 3 2011, 06:00 PM
|
|
Senior Member
1,933 posts Joined: Mar 2006 From: ~Universe~
|
QUOTE(t5t @ Jan 3 2011, 05:42 PM) OMG!!! I sold all 2 weeks ago at RM1.94... Ahhh.... Haha... Really unpredictable... As long as profit ba... u neva noe when will the price goes up or down... If you think this co. got underlying potential, u might as well buy back.. haha |
|
|
Jan 3 2011, 06:22 PM
|
|
Senior Member
1,332 posts Joined: Nov 2005
|
QUOTE(t5t @ Jan 3 2011, 05:42 PM) OMG!!! I sold all 2 weeks ago at RM1.94... Ahhh.... Haha... Really unpredictable... i sold at 1.95, why today 4PM surge so much? |
|
|
Jan 3 2011, 07:08 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(popcorn513 @ Jan 3 2011, 06:22 PM) i sold at 1.95, why today 4PM surge so much? Hahaha.. So that is the result of it.. This post has been edited by Bonescythe: Jan 3 2011, 07:09 PM |
|
|
Jan 3 2011, 10:48 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
If you look at how Hap Seng rise from 2++ to 7++ in such a short time and still going up everything is BOLEH! Looking at how bullish the automotive market with many new models launching, I am going to wait a little longer. Who knows it can go up to 3++?
|
|
|
Jan 3 2011, 11:06 PM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(escargo75 @ Jan 3 2011, 10:48 PM) If you look at how Hap Seng rise from 2++ to 7++ in such a short time and still going up everything is BOLEH! Looking at how bullish the automotive market with many new models launching, I am going to wait a little longer. Who knows it can go up to 3++? hap seng? the biscuit one? where can compare one...biscuit can finish in a second...but construction wont finish in a second... XD |
|
|
Jan 3 2011, 11:11 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(escargo75 @ Jan 3 2011, 10:48 PM) If you look at how Hap Seng rise from 2++ to 7++ in such a short time and still going up everything is BOLEH! Looking at how bullish the automotive market with many new models launching, I am going to wait a little longer. Who knows it can go up to 3++? I wonder when that fairy tales end |
|
|
Jan 3 2011, 11:16 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(cypher @ Jan 4 2011, 12:06 AM) hap seng? the biscuit one? where can compare one... Hello Hap Seng not biscuit company la LOL! Go check it out at BURSA their biz...biscuit can finish in a second...but construction wont finish in a second... XD |
|
|
Jan 3 2011, 11:32 PM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
QUOTE(escargo75 @ Jan 3 2011, 11:16 PM) Hello Hap Seng not biscuit company la LOL! Go check it out at BURSA their biz... i duno...thats why asking...lol... oh ya..that one is HUP SENG... LOL |
|
|
Jan 4 2011, 03:32 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
What's the P/E for hicom now?
QUOTE(escargo75 @ Jan 3 2011, 10:48 PM) If you look at how Hap Seng rise from 2++ to 7++ in such a short time and still going up everything is BOLEH! Looking at how bullish the automotive market with many new models launching, I am going to wait a little longer. Who knows it can go up to 3++? OMFGWhoever went in can go vacation the entire year liao. |
|
|
Jan 17 2011, 05:05 PM
|
|
Junior Member
218 posts Joined: Oct 2008
|
Ok time to collect for privatization goreng again
big angpow of the yr coming |
|
|
Jan 18 2011, 01:49 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
It is falling... Anyone knows the reason? Profit-taking?
|
|
|
Jan 20 2011, 10:06 AM
|
|
Junior Member
20 posts Joined: Jan 2011
|
QUOTE(t5t @ Jan 18 2011, 01:49 AM) It is falling... Anyone knows the reason? Profit-taking? I believe that is the reason. The company has good fundamentals and of course "connected". Im gonna hold mine for a while for a rebound. If it drops further and I have bullet, might reload more. |
|
|
Jan 20 2011, 12:45 PM
|
|
Junior Member
118 posts Joined: Nov 2007
|
falling means it time to reload...
|
|
|
Jan 26 2011, 11:11 AM
|
Senior Member
593 posts Joined: Feb 2009
|
DRB HICOM broke the support line at 1.89
Now at 1.88 Watchout |
|
|
Jan 26 2011, 11:15 AM
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(edwin32us @ Jan 26 2011, 11:11 AM) DRB HICOM broke the support line at 1.89 Time to collect at 1.80?Now at 1.88 Watchout |
|
|
Jan 26 2011, 11:22 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
I will collect it when it drop till 1.40-1.50 my TP. Then reload a lot and after CNY, see how it flies.....
Still very undervalue company... |
|
|
Jan 26 2011, 11:34 AM
|
|
Senior Member
2,508 posts Joined: Jun 2009
|
I guess anything below RM1.50 is a good buy for this stock considering its upcoming prospect which will reflect on it's coming years earning. Stay tune as this stock has been lagging behind for past 10 years without any pushing and this is like a blinfolded bull waiting to rush out.
|
|
|
Jan 26 2011, 12:34 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
Dun think it will go so far down after that darling Dali's report, and especially not in the near future.
|
|
|
Jan 26 2011, 12:51 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(escargo75 @ Jan 26 2011, 11:22 AM) I will collect it when it drop till 1.40-1.50 my TP. Then reload a lot and after CNY, see how it flies..... hard to go down that much gua...however, i also hope it happens. Still very undervalue company... |
|
|
Jan 26 2011, 12:54 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(yok70 @ Jan 26 2011, 12:51 PM) hard to go down that much gua...however, i also hope it happens. Anything can happen here.... Suddenly can tumbang tower... |
|
|
Jan 27 2011, 10:14 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Haha... I doubt it will fall till RM1.40 and RM1.50... I think it will fall till RM1.7X at most... Maybe I will be wrong...
^^" |
|
|
Jan 27 2011, 10:15 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(t5t @ Jan 27 2011, 10:14 AM) Haha... I doubt it will fall till RM1.40 and RM1.50... I think it will fall till RM1.7X at most... Maybe I will be wrong... I don't think it will fall now.. ^^" Things are so green now in the market... Almost everything is greenish |
|
|
Jan 27 2011, 11:01 AM
|
|
Senior Member
593 posts Joined: Feb 2009
|
QUOTE(Bonescythe @ Jan 27 2011, 10:15 AM) I don't think it will fall now.. Just set a nice entry price around RM2 ( Above downtrend line) just to confirm bullish round again.Things are so green now in the market... Almost everything is greenish |
|
|
Jan 28 2011, 09:20 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Bonescythe @ Jan 27 2011, 10:15 AM) I don't think it will fall now.. Lol... It's red again today...Things are so green now in the market... Almost everything is greenish Sigh... Bloody Friday!!! |
|
|
Apr 7 2011, 05:18 PM
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
Why none update this thread? Been with this counter since 1.9X all the way up till now. Best thing is whether it can get POS or not? (Due announced coming Tuesday).
|
|
|
Apr 7 2011, 05:42 PM
|
Senior Member
5,587 posts Joined: May 2007 From: KL 
|
QUOTE(Icehart @ Apr 7 2011, 05:18 PM) Why none update this thread? Been with this counter since 1.9X all the way up till now. Best thing is whether it can get POS or not? (Due announced coming Tuesday). reviving DRB  their chances of getting is high, as they seem to have the requirements. |
|
|
Apr 7 2011, 09:16 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(Icehart @ Apr 7 2011, 05:18 PM) Why none update this thread? Been with this counter since 1.9X all the way up till now. Best thing is whether it can get POS or not? (Due announced coming Tuesday). HwangDBS's TP of 3.80 doesn't include the winning of POS. Meaning, if it won the POS....then wow, don't know how high the TP would go.... |
|
|
Apr 7 2011, 09:19 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(sharesa @ Apr 7 2011, 05:42 PM) reviving DRB their chances of getting is high, as they seem to have the requirements. QUOTE(yok70 @ Apr 7 2011, 09:16 PM) HwangDBS's TP of 3.80 doesn't include the winning of POS. Meaning, if it won the POS....then wow, don't know how high the TP would go.... Let's just wait. |
|
|
Apr 7 2011, 09:20 PM
|
|
Senior Member
712 posts Joined: Sep 2010
|
QUOTE(yok70 @ Apr 7 2011, 09:16 PM) HwangDBS's TP of 3.80 doesn't include the winning of POS. Meaning, if it won the POS....then wow, don't know how high the TP would go.... Then you should jump into the ship now before it transform to a bigger ship.. |
|
|
Apr 7 2011, 09:27 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(tanch78 @ Apr 7 2011, 09:20 PM) Then you should jump into the ship now before it transform to a bigger ship.. transform into an UFO and fly high-high. |
|
|
Apr 7 2011, 10:01 PM
|
|
Junior Member
72 posts Joined: Feb 2011
|
so far, i earn the most from DRB! mother shares and warrants are delicious!
|
|
|
Apr 7 2011, 11:14 PM
|
Senior Member
1,516 posts Joined: May 2006
|
To the DRB supporters here, do you have any TP? I am eye-ing for at least 3.00... my ABP is around 2.0x
What about you guys? Mind ot share? |
|
|
Apr 7 2011, 11:48 PM
|
|
Senior Member
712 posts Joined: Sep 2010
|
QUOTE(Larrylow @ Apr 7 2011, 11:14 PM) To the DRB supporters here, do you have any TP? I am eye-ing for at least 3.00... my ABP is around 2.0x I cannot decide what is my TP. @ 3.50 or perhaps I should follow Sharesa's RM4. MY ABP is 1.6x (accumulated since 1.3x last Dec)What about you guys? Mind ot share? |
|
|
Apr 8 2011, 12:03 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Not in position to share, because I divorced DRB prematurely
Divorced DRB at 2.1x |
|
|
Apr 8 2011, 12:08 AM
|
Senior Member
641 posts Joined: Jun 2009
|
now still a good time accumulate little by little because when the price is going down, the vol is low. i think is a healthy correction
|
|
|
Apr 8 2011, 07:59 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
I'm collecting more if it's dropping today.
|
|
|
Apr 8 2011, 11:10 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(Icehart @ Apr 8 2011, 07:59 AM) I'm collecting more if it's dropping today. Collected and loaded more in the region of 2.44 - 2.46. |
|
|
Apr 8 2011, 11:31 AM
|
|
Senior Member
1,109 posts Joined: Mar 2007
|
My ABP - RM2.20
|
|
|
Apr 8 2011, 11:51 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(yok70 @ Apr 7 2011, 09:16 PM) HwangDBS's TP of 3.80 doesn't include the winning of POS. Meaning, if it won the POS....then wow, don't know how high the TP would go.... base on your experience, how accurate are those TP ?but no doubt drb should be like gamuda ... haha |
|
|
Apr 10 2011, 03:44 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
Hoping for a good start tomorrow. However, be prepared to take profit if there's a down trend.
|
|
|
Apr 10 2011, 08:08 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(clsiluf @ Apr 8 2011, 11:51 AM) base on your experience, how accurate are those TP ? Well, for a 7 billion project, is it a good force for TP RM3.5x..but no doubt drb should be like gamuda ... haha |
|
|
Apr 11 2011, 12:36 AM
|
|
Junior Member
72 posts Joined: Feb 2011
|
QUOTE(Bonescythe @ Apr 10 2011, 08:08 PM) Well, for a 7 billion project, is it a good force for TP RM3.5x.. any ideas when it will be announced, the 7 billion project? |
|
|
Apr 11 2011, 12:46 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(v33n @ Apr 11 2011, 12:36 AM) any ideas when it will be announced, the 7 billion project? Already announced since last year if I am not wrong.They got a 7 billion project in building 120+ Armored Wheel Vehicle from government. |
|
|
Apr 11 2011, 08:42 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(v33n @ Apr 11 2011, 12:36 AM) any ideas when it will be announced, the 7 billion project? However the project will have no financial impact for the current financial year. |
|
|
Apr 11 2011, 10:04 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(Bonescythe @ Apr 11 2011, 12:46 AM) Already announced since last year if I am not wrong. actually for this armored car project, hwangdbs already raise the tp to 3.8They got a 7 billion project in building 120+ Armored Wheel Vehicle from government. |
|
|
Apr 11 2011, 12:01 PM
|
|
Senior Member
2,526 posts Joined: Feb 2011
|
now dropped to 2.3x, good time to enter?
|
|
|
Apr 11 2011, 12:05 PM
|
Junior Member
359 posts Joined: Feb 2010
|
bleeding = =
jz enter plan to hold till next quater |
|
|
Apr 11 2011, 12:07 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(justanovice @ Apr 11 2011, 12:01 PM) now dropped to 2.3x, good time to enter? Wait for 2.2x bro.. |
|
|
Apr 11 2011, 12:19 PM
|
|
Senior Member
712 posts Joined: Sep 2010
|
QUOTE(justanovice @ Apr 11 2011, 12:01 PM) now dropped to 2.3x, good time to enter? IMO, DRB is a good fundamental company, okay to enter now as long as you hold for long term (> 1 year). Buying for goreng then I've no idea. |
|
|
Apr 11 2011, 12:36 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(tanch78 @ Apr 11 2011, 12:19 PM) IMO, DRB is a good fundamental company, okay to enter now as long as you hold for long term (> 1 year). Buying for goreng then I've no idea. Yeap.. Just hold and hold and hold.. Caused remember, that 7 billion project is no play play..7 billion = 70 x 100 million. Other small kuchi rat counter awarded with a few hundred million also breaking forward like crazy man.. What more about this? 70 times of 100 million.. Hahaha This post has been edited by Bonescythe: Apr 11 2011, 12:36 PM |
|
|
Apr 11 2011, 02:18 PM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(justanovice @ Apr 11 2011, 12:01 PM) now dropped to 2.3x, good time to enter? drb is umno companyif bn fail to win 2/3 in this saturday .... then monday can see a drop and that time only good to collect. |
|
|
Apr 11 2011, 02:35 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(clsiluf @ Apr 11 2011, 02:18 PM) drb is umno company Haha... If win 2/3, then you can't get cheap price but to watch it surges...if bn fail to win 2/3 in this saturday .... then monday can see a drop and that time only good to collect. |
|
|
Apr 11 2011, 09:36 PM
|
|
Senior Member
641 posts Joined: Jun 2009
|
that's mean hold and wait first?
my buying price is $2.1x, very scare lar |
|
|
Apr 11 2011, 09:56 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(IGax2000 @ Apr 11 2011, 09:36 PM) that's mean hold and wait first? Mine at 1.90~2.00my buying price is $2.1x, very scare lar |
|
|
Apr 11 2011, 11:33 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
for long term no problem la , 70bil is a lot ....
|
|
|
Apr 12 2011, 01:12 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(qingweibuaya @ Apr 11 2011, 11:33 PM) for long term no problem la , 70bil is a lot .... who got 70 (seventy billion)??  |
|
|
Apr 12 2011, 01:31 AM
|
|
Senior Member
2,118 posts Joined: Jan 2003 From: Malaysia
|
wait 1.9x la... XD
|
|
|
Apr 12 2011, 10:28 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(t5t @ Apr 11 2011, 02:35 PM) Haha... If win 2/3, then you can't get cheap price but to watch it surges... My price is 1.94 |
|
|
Apr 12 2011, 11:31 AM
|
Senior Member
695 posts Joined: Dec 2007
|
Will DRB get the POS bid? lets hope so!
|
|
|
Apr 12 2011, 07:32 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
DRB down amid talk of bagging 32% of Pos Malaysia
Written by Financial Daily Tuesday, 12 April 2011 12:30 KUALA LUMPUR: Diversified group DRB Hicom Bhd shares slipped 19 sen or 7.7% to end trading at RM2.27 yesterday, with some 21 million shares changing hands. The sharp fall in the company’s shares yesterday came amid speculation it had won the bid to buy a 32% stake in Pos Malaysia Bhd from state-controlled investment arm Khazanah Nasional Bhd. The announcement is expected today at the Invest Malaysia 2011 forum. The reason for the downward spiral in the company’s shares is unknown. Other than the reported bid for Pos, in March this year DRB had announced winning a RM7.55 billion defence contract to design, develop, manufacture, commission, supply and deliver 257 armoured wheeled vehicles to the government over a seven-year period. For the nine months ended December 2010, DRB posted a net profit of RM400.07 million or 20.69 sen a share, on the back of RM4.81 billion in revenue. DRB is 55.92% controlled by low-key businessman Tan Sri Syed Mokhtar Al-Bukhary. This article appeared in The Edge Financial Daily, April 12, 2011 |
|
|
Apr 12 2011, 08:26 PM
|
|
Senior Member
641 posts Joined: Jun 2009
|
the fire spread nearer & nearer to my avp, canot tahan
 , sold mine at $1.30 Ciao~ |
|
|
Apr 12 2011, 11:34 PM
|
|
Junior Member
72 posts Joined: Feb 2011
|
The reason for the downward spiral in the company’s shares is unknown.
|
|
|
Apr 13 2011, 08:21 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(IGax2000 @ Apr 12 2011, 08:26 PM) the fire spread nearer & nearer to my avp, canot tahan 1.30 ? , sold mine at $1.30 Ciao~ |
|
|
Apr 13 2011, 08:57 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
Can stay sideline and buy back lower when market is more stable later.
|
|
|
Apr 13 2011, 09:15 AM
|
|
Senior Member
641 posts Joined: Jun 2009
|
hehe, it's $2.30
|
|
|
Apr 14 2011, 03:15 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
wats u guy's TP ??
|
|
|
Apr 14 2011, 04:33 PM
|
|
Senior Member
1,516 posts Joined: May 2006
|
QUOTE(qingweibuaya @ Apr 14 2011, 03:15 PM) wats u guy's TP ?? TP 3.5, ABP 2.04.... such a pain watching my profit shrinking each day |
|
|
Apr 14 2011, 08:03 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
me now having loss .....
my tp 3.0 b4 dec |
|
|
Apr 14 2011, 09:29 PM
|
|
Junior Member
15 posts Joined: Mar 2011
|
emm currently its still cannot break 2.5 above...
|
|
|
Apr 14 2011, 10:40 PM
|
|
Junior Member
123 posts Joined: Jan 2011
|
lol hv to wait till pos announcement? I m waiting for its warrant...
|
|
|
Apr 14 2011, 11:34 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(kudakencang @ Apr 14 2011, 09:29 PM) emm currently its still cannot break 2.5 above... why ?? alot ppl queing to sell below 2.5 ? |
|
|
Apr 14 2011, 11:48 PM
|
Senior Member
739 posts Joined: Jan 2009
|
QUOTE(wsrulez @ Apr 14 2011, 10:40 PM) lol hv to wait till pos announcement? I m waiting for its warrant... do u mean call-warrant? |
|
|
Apr 18 2011, 06:58 AM
|
|
Senior Member
712 posts Joined: Sep 2010
|
QUOTE(omg528 @ Apr 14 2011, 11:48 PM) do u mean call-warrant? I really hope DRB win the POS bid. |
|
|
Apr 18 2011, 08:23 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(tanch78 @ Apr 18 2011, 06:58 AM) I really hope DRB win the POS bid. When will the POS-bid result be out? |
|
|
Apr 18 2011, 09:25 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
Should be soon..
|
|
|
Apr 18 2011, 01:41 PM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
if drb really get pos, may be sell pressure is higher then buy
|
|
|
Apr 18 2011, 03:18 PM
|
|
Senior Member
883 posts Joined: Sep 2009
|
wouldnt it be transferring of companies only if drb get POS?
|
|
|
Apr 18 2011, 09:05 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
DRB holders,
do you remember that before DRB declared the 7b armor vehicle deal? The share price was manipulated down to 1.7+, then after gotten the deal, the price crept up till 2.50. Well, this time could it be the same? Before declaring Pos deal (if won bid), the manipulators push it down kaw-kaw, then later after announcement, creep up again? Anyway, I bought it again today. |
|
|
Apr 18 2011, 10:18 PM
|
|
Senior Member
641 posts Joined: Jun 2009
|
tomolo will have discount since DJ is red
|
|
|
Apr 18 2011, 10:32 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(IGax2000 @ Apr 18 2011, 10:18 PM) tomolo will have discount since DJ is red nice to accumulate |
|
|
Apr 19 2011, 08:42 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(sharesa @ Apr 18 2011, 09:05 PM) DRB holders, the 1.7+ is due to libya crisis and libya is 1 of the world oil exporter ...do you remember that before DRB declared the 7b armor vehicle deal? The share price was manipulated down to 1.7+, then after gotten the deal, the price crept up till 2.50. Well, this time could it be the same? Before declaring Pos deal (if won bid), the manipulators push it down kaw-kaw, then later after announcement, creep up again? Anyway, I bought it again today. when in war, everyone will panic sell ... |
|
|
Apr 19 2011, 12:51 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(clsiluf @ Apr 19 2011, 08:42 AM) the 1.7+ is due to libya crisis and libya is 1 of the world oil exporter ... Yeah and not to forget that during the same time there's earthquake in Japan and the worrying nuclear problems. It's like adding salt to injury. This time I don't think there will be another accumulation stage for the big fishes, at least not until POS stake is announced.when in war, everyone will panic sell ... |
|
|
Apr 19 2011, 08:03 PM
|
|
Junior Member
433 posts Joined: Jul 2007
|
loss on income for DRB Hicom...
sell now buy cheaper later?Local authorities to take over Alam Flora’s cleaning work By K.ASHRAF KAMMED ashkam@thestar.com.my THE cleaning work that has been carried out by Alam Flora Sdn Bhd will now be taken over by the nine local authorities in Selan-gor. Mentri Besar Tan Sri Khalid Ibrahim said the state government had decided that Alam Flora would only be in charge of garbage collection, while local authorities would do the cleaning work. The local authorities will now clean drains, fields and roads, said Khalid after the Selangor state monthly meeting yesterday. He said this was important because local authorities had been receiving many complaints on cleanliness. Reducing the load: From now onwards Alam Flora’s sole focus will be on garbage collection in Selangor. Khalid said the state government was planning to spend about RM200mil for cleaning work. “The local authorities will have their own workers and if need be they will give out contracts for cleaning projects,” he said. Khalid said the decision was not due to Alam Flora’s failure to deliver, but he felt that they could not handle everything by themselves. “If they only focus on garbage collection then it will be easier for us to know what their job specialisation is,” he said. Khalid said Alam Flora’s role as coordinators by using contractors must be reduced and they had to be directly involved with the tasks given. “About 10 years ago, all these tasks were done by the local authorities. Now we are reverting to the old way. Alam Flora’s initial role was only to deal with garbage collection and disposal,” he said. http://thestar.com.my/metro/story.asp?file...772&sec=central |
|
|
Apr 19 2011, 08:17 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
Alam Flora is under DRB ???
|
|
|
Apr 19 2011, 09:01 PM
|
|
Junior Member
433 posts Joined: Jul 2007
|
QUOTE(qingweibuaya @ Apr 19 2011, 08:17 PM) Alam Flora is under DRB ??? yea, wholly owned |
|
|
Apr 19 2011, 09:07 PM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
i dont see this article gonna impact drb
|
|
|
Apr 20 2011, 07:32 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
hope this is good news
Wednesday, April 20, 2011, 05.53 AM DRB HICOM WINS POS STAKE Kuala Lumpur: Tan Sri Syed Mokhtar Al Bukhary's DRB-HICOM Bhd has won a bid to take over national postal company Pos Malaysia Bhd, people familiar with the matter said yesterday. Business Times understands that DRB-HICOM will sign an agreement with Khazanah Nasional Bhd early next week to buy the latter's Pos Malaysia stake. DRB-HICOM sees Pos Malaysia as a crucial fit to expand its Islamic banking operation, now parked under Bank Muamalat Malaysia Bhd. Khazanah, the government investment arm, currently holds 30 per cent of Bank Muamalat, while the remaining 70 per cent is owned by DRB-HICOM. It is understood that DRB-HICOM is buying Pos Malaysia from Khazanah for about RM3.60 a share. The latter currently owns 32.21 per cent of Pos Malaysia. The deal will value Khazanah's Pos Malaysia stake at about RM623 million. Last year, Khazanah had called an open bidding process for suitors of Pos Malaysia. |
|
|
Apr 20 2011, 08:37 AM
|
|
Junior Member
359 posts Joined: Feb 2010
|
hmmm dis few days market sentiments nt nice leh ...
|
|
|
Apr 20 2011, 08:41 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(sharesa @ Apr 20 2011, 07:32 AM) hope this is good news Hope this news pump DRB up later Wednesday, April 20, 2011, 05.53 AM DRB HICOM WINS POS STAKE Kuala Lumpur: Tan Sri Syed Mokhtar Al Bukhary's DRB-HICOM Bhd has won a bid to take over national postal company Pos Malaysia Bhd, people familiar with the matter said yesterday. Business Times understands that DRB-HICOM will sign an agreement with Khazanah Nasional Bhd early next week to buy the latter's Pos Malaysia stake. DRB-HICOM sees Pos Malaysia as a crucial fit to expand its Islamic banking operation, now parked under Bank Muamalat Malaysia Bhd. Khazanah, the government investment arm, currently holds 30 per cent of Bank Muamalat, while the remaining 70 per cent is owned by DRB-HICOM. It is understood that DRB-HICOM is buying Pos Malaysia from Khazanah for about RM3.60 a share. The latter currently owns 32.21 per cent of Pos Malaysia. The deal will value Khazanah's Pos Malaysia stake at about RM623 million. Last year, Khazanah had called an open bidding process for suitors of Pos Malaysia. |
|
|
Apr 20 2011, 08:53 AM
|
|
Senior Member
883 posts Joined: Sep 2009
|
which CW worth to jump in?
|
|
|
Apr 20 2011, 08:58 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(rainie1284 @ Apr 20 2011, 08:53 AM) which CW worth to jump in? CE. |
|
|
Apr 20 2011, 03:05 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
|
|
|
Apr 21 2011, 02:12 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
QUOTE However, he declined to narrow the identity of the "winner" but said the names would be submitted to the board later this month. Among the criteria set for the bidders are ability to provide good premium and unlock Pos Malaysia's values, he told reporters on the sidelines of Invest Malaysia 2011. News reports and research houses had suggested that the three shortlisted bidders were DRB-HICOM Bhd, NATIONWIDE EXPRESS COURIER SER []vices and a Amanah REIT-Malaysia Pacific Corp joint venture, with offers ranging between RM3.38 and RM4.62 per share. The other two bidders were Scomi Bhd and TRICUBES BHD If scomi and tricubes win, then pos malaysia will go down the drain |
|
|
Apr 21 2011, 09:15 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(Polaris @ Apr 21 2011, 02:12 AM) If scomi and tricubes win, then pos malaysia will go down the drain That tricubes is really funny, a PN17 bidding for POS Malaysia? If Khazanah really give POS to DRB, POS Malaysia will go down fast. |
|
|
Apr 21 2011, 02:09 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(Icehart @ Apr 21 2011, 09:15 AM) That tricubes is really funny, a PN17 bidding for POS Malaysia? If Khazanah really give POS to DRB, POS Malaysia will go down fast. why ??? do explain ??? DRB management not nice ??? newbie here |
|
|
Apr 21 2011, 08:53 PM
|
|
Senior Member
1,109 posts Joined: Mar 2007
|
QUOTE(qingweibuaya @ Apr 21 2011, 02:09 PM) why ??? do explain ??? DRB management not nice ??? newbie here PN17 is something like got Financial Irregularities...as a summary...a company that is Financially unstable |
|
|
Apr 22 2011, 06:18 PM
|
|
Senior Member
1,750 posts Joined: Jun 2005
|
|
|
|
Apr 22 2011, 08:35 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
IS THIS A GOOD NEWS?????
|
|
|
Apr 22 2011, 10:07 PM
|
|
Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
|
QUOTE(coconutzz @ Apr 21 2011, 08:53 PM) PN17 is something like got Financial Irregularities...as a summary...a company that is Financially unstable i dun get u DRB in pn17 meh? |
|
|
Apr 22 2011, 10:28 PM
|
|
Junior Member
72 posts Joined: Feb 2011
|
QUOTE(cwhong @ Apr 22 2011, 10:07 PM) i dun get u DRB in pn17 meh? saying about Tricubes PN17 company trying to bid |
|
|
Apr 23 2011, 08:43 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
hope DRB break a new high soon!
|
|
|
Apr 23 2011, 09:14 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(sharesa @ Apr 23 2011, 08:43 AM) hope DRB break a new high soon! well done Madam for introducing such a good stock.Congratulations. |
|
|
Apr 23 2011, 09:16 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
DRB win POS Malaysia, prepare for another rally.
|
|
|
Apr 23 2011, 09:18 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(SKY 1809 @ Apr 23 2011, 09:14 AM) well done Madam for introducing such a good stock. thanks.....but this stock needs patience to hold. Buy and keep in the store room.Congratulations. If many investors want to earn short-term, this is not the one. Like your picks too. Rebought Tambun for long-term. Added on April 23, 2011, 9:19 am QUOTE(Icehart @ Apr 23 2011, 09:16 AM) DRB win POS Malaysia, prepare for another rally. yay This post has been edited by sharesa: Apr 23 2011, 09:19 AM |
|
|
Apr 23 2011, 09:27 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(sharesa @ Apr 23 2011, 09:18 AM) thanks.....but this stock needs patience to hold. Buy and keep in the store room. Ya you are right, some of these stocks need long term thinking.If many investors want to earn short-term, this is not the one. Like your picks too. Rebought Tambun for long-term. Added on April 23, 2011, 9:19 am yay With Pos, I believe the fair value of DRB is worth rm 5 , in the long run. Having said that, many would ask me whether can it be achieved in 1 to 3 months time. I say it again, it is for long term. Good Luck This post has been edited by SKY 1809: Apr 23 2011, 09:28 AM |
|
|
Apr 23 2011, 09:52 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(SKY 1809 @ Apr 23 2011, 09:27 AM) Ya you are right, some of these stocks need long term thinking. agree With Pos, I believe the fair value of DRB is worth rm 5 , in the long run. Having said that, many would ask me whether can it be achieved in 1 to 3 months time. I say it again, it is for long term. Good Luck  |
|
|
Apr 23 2011, 10:00 AM
|
Senior Member
2,656 posts Joined: Nov 2004
|
But I don't see investment from DRB Hicom will have any synergy effect or any value added to POS, and vice versa to DRB Hicom..
Other than, we can expect higher net profit coming from this associates in the coming quarter. |
|
|
Apr 23 2011, 10:15 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(keith_hjinhoh @ Apr 23 2011, 10:00 AM) But I don't see investment from DRB Hicom will have any synergy effect or any value added to POS, and vice versa to DRB Hicom.. I presume you are holding POS.Other than, we can expect higher net profit coming from this associates in the coming quarter. if DRB inject in its Bank Muamalat, DRB's revenue will increase as that would be the core bank to do transactions. POS will increase its' efficiency in bank services because control would be easier under one company and cost can be reduced. It's win-win situation I believe. Also, DRB has a property arm and insurance to throw in. Property arm can develop landbanks of POS if approved. Insurance arm for DRB's automotive section and POS can benefit with some commission . There should be more synergies..... |
|
|
Apr 23 2011, 10:17 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
Anyway, DRB-Hicom getting POS is a good news. However, the question whether it will go up or not will depend on KLCI performance on Monday too. It's so fragile right now, any bad news will cause a spiral downward effect on share price.
|
|
|
Apr 23 2011, 10:23 AM
|
|
Senior Member
2,656 posts Joined: Nov 2004
|
QUOTE(sharesa @ Apr 23 2011, 10:15 AM) I presume you are holding POS. Nice Analysis. No, i'm not holding either of this two. if DRB inject in its Bank Muamalat, DRB's revenue will increase as that would be the core bank to do transactions. POS will increase its' efficiency in bank services because control would be easier under one company and cost can be reduced. It's win-win situation I believe. Also, DRB has a property arm and insurance to throw in. Property arm can develop landbanks of POS if approved. Insurance arm for DRB's automotive section and POS can benefit with some commission . There should be more synergies..... Perhaps I'm not familiar with DRB, the only things I know about it was automotive sector and used to operate airline business but sold for RM1 to Tony Fernandes. Now call Airasia. |
|
|
Apr 23 2011, 01:12 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(sharesa @ Apr 23 2011, 10:15 AM) I presume you are holding POS. POS is more like Super mini markets for DRB bank/ services.if DRB inject in its Bank Muamalat, DRB's revenue will increase as that would be the core bank to do transactions. POS will increase its' efficiency in bank services because control would be easier under one company and cost can be reduced. It's win-win situation I believe. Also, DRB has a property arm and insurance to throw in. Property arm can develop landbanks of POS if approved. Insurance arm for DRB's automotive section and POS can benefit with some commission . There should be more synergies..... Super in term of its mutliple products and wide circuits. Mini in term of low costs though small Post Offices That translates to very high profit margins for the group. They need aggressive management team though. This post has been edited by SKY 1809: Apr 23 2011, 01:13 PM |
|
|
Apr 24 2011, 12:56 AM
|
|
Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
|
will this affected the newly acquired POSB revenue? especially highlighted one.
from bursa (tricubes) 10. How will Tricubes generate revenue from this project? With the decline of physical mail traffic, there is substantial growth in digital mails. Our base service will be the email services at no cost to users while our revenue sources will come from the value-added services (VAS), which will be introduced in phases. They include: - Bill and notice presentment. This is expected to give the government savings on postal and printing costs of up to 50 per cent. - Job boards and online registration to government agencies that currently use e-forms. - Advertising revenue - Online marketplace |
|
|
Apr 24 2011, 01:29 AM
|
|
Junior Member
72 posts Joined: Feb 2011
|
A report from TheEdge
At Bursa Malaysia, stocks which could see trading activity are DRB-Hicom Bhd, Pos Malaysia Bhd, Iris Corp Bhd and Kuala Lumpur Kepong Bhd. Also in focus could be PPB Group Bhd, HPI Resources Bhd and Ranhill Bhd. Khazanah Nasional Bhd has divested its strategic 32.21% stake in Pos Malaysia to DRB-Hicom Bhd at RM3.60 per share or RM622.79 million, deemed a landmark divestment by the government’s investment arm of its entire stake in a major government-linked company. On Friday, Pos Malaysia’s share price closed two sen higher at RM3.37 with 595,000 shares done while DRB-Hicom fell two sen to RM2.30 with 2.32 million units transacted. Pos Malaysia said based on the audited results for the financial year ended Dec 31, 2010, its audited consolidated net profit was RM67.11 million and audited consolidated net assets RM828.59 million. |
|
|
Apr 25 2011, 11:28 AM
|
|
Junior Member
359 posts Joined: Feb 2010
|
with news of winning POS stake
drb-ce actually dropped !!! profit taking ??? |
|
|
Apr 25 2011, 11:32 AM
|
|
Senior Member
883 posts Joined: Sep 2009
|
QUOTE(qingweibuaya @ Apr 25 2011, 11:28 AM) with news of winning POS stake haven rally already profit taking.. perhaps 2nd session got actiondrb-ce actually dropped !!! profit taking ??? |
|
|
Apr 25 2011, 01:31 PM
|
|
Senior Member
1,750 posts Joined: Jun 2005
|
nothing suprise with today's performance
|
|
|
Apr 25 2011, 05:22 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Haha... Many people sold on good news...
I wonder when would the next rally would be... But I'll prepare bullets to fire if it continues to fall... |
|
|
Apr 25 2011, 05:23 PM
|
|
Senior Member
712 posts Joined: Sep 2010
|
I doubt it will fall till 2.0x level...
|
|
|
Apr 25 2011, 05:45 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
I just hope contra players stop touching this counter...
Sigh~ |
|
|
Apr 25 2011, 06:39 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
bad day for dis counter , and also for me ....
my portfolio only left dis .... |
|
|
May 25 2011, 01:52 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Observation
1) Trendline - Uptrend Bullish 2) Formed higher low- Bullish 3) MACD - Kissing and waiting for 4R1G. If tomorrow white candle then it is 4r1G 4) RSI - waiting for confirmation rebound above 50% 5) Sto -waiting Bullish crossover and wait to break above 50% 6) ADX - weak momentum and bearish 7) Candle Stick - bullish engulfing ( Bullish) Conclusion Could be a potential profit counter Entry Price 2.26 Resistance at 2.41 & 2.5 Support at 2.17 Source: http://edwinextremebullrun.blogspot.com/20...d-round-up.html Hope this counter will help us to gain some profit... ^^ |
|
|
May 25 2011, 08:39 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
POS MALAYSIA BHD [] posted net profit of RM38.26 million in the first quarter ended March 31, 2011, a significant increase from only RM1.62 million a year ago.
The postal services company said on Tuesday, May 24 the earnings growth was underpinned by the domestic tariff increase which came into effect on July 1, 2010. The group’s growth of almost 121% in profit from operations at RM50.86 million (2010: RM23.07 million) for the period ended March 31, 2011 was due to the tariff increase and benefits realised from transformation initiatives. “This is supported by revenue of RM304.5 million; a substantial increase of 31.8% from RM231.1 million in the preceding year,” it said. Its earnings per share were 7.12 sen versus 0.3 sen a year ago. Pos Malaysia also said its profit from operation of RM50.86 million, compared to the RM26 million recorded in 4Q2010. “An increase in profit by RM24.9 million or almost 96% was due to the increase in revenue by RM27.2 million,” it said. The group’s higher profit before taxation by RM38.7 million was due to higher operating profit but partially mitigated by the higher impairment provision of the investment in TRANSMILE GROUP BHD [] by RM3.4 million and lower other operating income of RM4.3 million. “In addition, during preceding quarter last year, the group provided one-off impairment provision relating to capital expenditure incurred for the postal counter system of RM22.3 million,” it said. |
|
|
May 25 2011, 08:44 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
DRBHCOM price no movement in the queue yet!
Maybe the investors are still sleeping? I hope POS profit would help DRBHCOM price to surge! |
|
|
May 25 2011, 09:39 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(t5t @ May 25 2011, 09:44 AM) DRBHCOM price no movement in the queue yet! Even though this is an UMNO counter, I believe this is really a sleeping giant. I will not be surprised this stock can go up to at least 4.00 but the only question is when? thinking real hard to collect this stock and keep long term since the price now is still low...Maybe the investors are still sleeping? I hope POS profit would help DRBHCOM price to surge! |
|
|
May 25 2011, 09:49 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
I am hoping the quarter report to be good!
|
|
|
Jun 21 2011, 10:33 AM
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
reviving this topic...
it is SO BORING these days for drbhcom. |
|
|
Jun 21 2011, 04:43 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(freddie @ Jun 21 2011, 10:33 AM) reviving this topic... Yes it is...it is SO BORING these days for drbhcom. It has been fluctuating around RM2.2+ for quite some time~ |
|
|
Jun 21 2011, 05:08 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(freddie @ Jun 21 2011, 10:33 AM) reviving this topic... yeah rite! Better than dropping like sh|t.. it is SO BORING these days for drbhcom.  |
|
|
Jun 22 2011, 09:39 AM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(t5t @ Jun 21 2011, 04:43 PM) Yes it is... isn't this good news? no? It has been fluctuating around RM2.2+ for quite some time~ |
|
|
Jun 22 2011, 11:46 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(yok70 @ Jun 22 2011, 09:39 AM) isn't this good news? no? Haha... Prefer it to fluctuate around RM2.5X... |
|
|
Jun 23 2011, 06:02 PM
|
Senior Member
2,520 posts Joined: Feb 2011
|
QUOTE(yok70 @ Jun 22 2011, 09:39 AM) isn't this good news? no? SWING up down up down ... warrant so many but no movement ... very wasted ... |
|
|
Jun 23 2011, 06:03 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
It's a sleeping giant, but once it awakes, there goes the top counter of the day.
|
|
|
Jun 23 2011, 10:12 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Icehart @ Jun 23 2011, 06:03 PM) It's a sleeping giant, but once it awakes, there goes the top counter of the day. Haha... I am waiting for it to wake up...But I don't think it will be tomorrow... DJI now super duper red... 3 digits red!!! |
|
|
Jun 23 2011, 10:26 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(t5t @ Jun 23 2011, 10:12 PM) Haha... I am waiting for it to wake up... Don't expect so soon, although I might be wrong.But I don't think it will be tomorrow... DJI now super duper red... 3 digits red!!! |
|
|
Jun 23 2011, 11:59 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Icehart @ Jun 23 2011, 10:26 PM) Don't expect so soon, although I might be wrong. I just hope it is before the next quarter results~ |
|
|
Jun 24 2011, 12:19 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(t5t @ Jun 23 2011, 11:59 PM) I just hope it is before the next quarter results~ How much you put in this counter and what's your abp? |
|
|
Jun 24 2011, 01:20 AM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(t5t @ Jun 23 2011, 10:12 PM) Haha... I am waiting for it to wake up... I believe it will wake up one day. look at its business model and growth potential, with such low PE for a midcap company. but, dunno what day lah. But I don't think it will be tomorrow... DJI now super duper red... 3 digits red!!! EPF has been buying quite a lot, that comfort me a lot.  This post has been edited by yok70: Jun 24 2011, 01:22 AM |
|
|
Jun 24 2011, 02:29 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Icehart @ Jun 24 2011, 12:19 AM) How much you put in this counter and what's your abp? RM2.2X are my ABP...QUOTE(yok70 @ Jun 24 2011, 01:20 AM) I believe it will wake up one day. look at its business model and growth potential, with such low PE for a midcap company. but, dunno what day lah. Yea... When I see the price falls, I buy more because EPF is acquiring, so I feel better... EPF has been buying quite a lot, that comfort me a lot. Lol... |
|
|
Jun 24 2011, 03:26 AM
|
Junior Member
244 posts Joined: Jan 2007
|
im always interested with this stock. looks promising, but somehow its always stagnant
|
|
|
Jun 24 2011, 04:11 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Up 5 cents now... Highest for today is RM2.26~
Hopefully it would continue the uptrend momentum! |
|
|
Jun 24 2011, 06:51 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
i am starting to accumulate DRBHCOM-CD hehe...
|
|
|
Jun 24 2011, 09:15 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(freddie @ Jun 24 2011, 06:51 PM) i am starting to accumulate DRBHCOM-CD hehe... Lol... I also got buy some of it~ |
|
|
Jun 30 2011, 12:02 AM
|
Junior Member
473 posts Joined: Feb 2009
|
QUOTE(t5t @ Jun 24 2011, 09:15 PM) Lol... I also got buy some of it~ What about DRBHICOM-CH? |
|
|
Jun 30 2011, 04:38 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(GearX_SaM @ Jun 30 2011, 12:02 AM) What about DRBHICOM-CH? Hmm... Didn't take notice of it...What's the premium and gearing now? |
|
|
Jun 30 2011, 09:43 AM
|
|
Senior Member
712 posts Joined: Sep 2010
|
DRB longterm supporter here!
TP is 3.50 - 4.xx |
|
|
Jun 30 2011, 04:11 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
CIMB has a technical buy call on DRBHCOM today with target price from 3.61-3.80.
|
|
|
Jun 30 2011, 04:36 PM
|
|
Junior Member
473 posts Joined: Feb 2009
|
QUOTE(t5t @ Jun 30 2011, 04:38 AM) Hmm... Didn't take notice of it... Not really sure just saw it on newspaper 2 days agoWhat's the premium and gearing now? |
|
|
Jul 1 2011, 04:29 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(GearX_SaM @ Jun 30 2011, 04:36 PM) Not really sure just saw it on newspaper 2 days ago Haha...I just concentrate on CD and the mother shares~ Enough of warrants for now... Lol... |
|
|
Jul 1 2011, 05:23 PM
|
|
Junior Member
473 posts Joined: Feb 2009
|
QUOTE(t5t @ Jul 1 2011, 04:29 AM) Haha... Mother's share is increasing bit by by as expected I just concentrate on CD and the mother shares~ Enough of warrants for now... Lol... Still not really clear with warrants, what's the difference actually? Mind en light? |
|
|
Jul 1 2011, 05:37 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
satu batang on ce and 3 batang on mother share
@@ |
|
|
Jul 1 2011, 06:42 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(GearX_SaM @ Jul 1 2011, 05:23 PM) Mother's share is increasing bit by by as expected Hmm... Warrants are cheaper... Mother share is more expensive... Still not really clear with warrants, what's the difference actually? Mind en light? You can buy more lots for warrants than mother shares... However, warrants have expiry dates! So, becareful of the expiry date! And look out for the premium and gearing~ The lower, the better, I assume... This post has been edited by t5t: Jul 1 2011, 06:43 PM |
|
|
Jul 2 2011, 11:38 PM
|
|
Junior Member
473 posts Joined: Feb 2009
|
QUOTE(t5t @ Jul 1 2011, 06:42 PM) Hmm... Warrants are cheaper... Mother share is more expensive... What happen when it expire when I still holding it? Convert to mother shares? Like 3 warrant = 1 mother shares?You can buy more lots for warrants than mother shares... However, warrants have expiry dates! So, becareful of the expiry date! And look out for the premium and gearing~ The lower, the better, I assume... |
|
|
Jul 3 2011, 02:20 AM
|
|
Senior Member
593 posts Joined: Feb 2009
|
DRBHICOM seem to have BB SQUEEZE
Possible to breakout |
|
|
Jul 3 2011, 03:30 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(GearX_SaM @ Jul 2 2011, 11:38 PM) What happen when it expire when I still holding it? Convert to mother shares? Like 3 warrant = 1 mother shares? Depends on the type of warrants...For call warrants you can get back cash... But usually people buy to trade~ |
|
|
Jul 3 2011, 03:51 AM
|
Senior Member
2,972 posts Joined: Jul 2006 From: OSINT
|
Their customer is quite gooding ...
 |
|
|
Jul 3 2011, 04:28 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
QUOTE(Irzani @ Jul 3 2011, 03:51 AM) Their customer is quite gooding ... That's to be expected lol, which website is this from? |
|
|
Jul 3 2011, 04:39 AM
|
|
Senior Member
2,972 posts Joined: Jul 2006 From: OSINT
|
QUOTE(Polaris @ Jul 3 2011, 04:28 AM) That's to be expected lol, which website is this from? Capital IQ .. later I look into Thomson DataStream if got any extra gooding info .. its good to share data around |
|
|
Jul 4 2011, 01:23 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
it's quite boring holding DRBHCOM to see it only hit 2.30 for a little bit then dropped back to lower 2.2x.
|
|
|
Jul 4 2011, 03:12 PM
|
|
Junior Member
473 posts Joined: Feb 2009
|
What happen to HICOm today? Drop so many
|
|
|
Jul 4 2011, 03:16 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(freddie @ Jul 4 2011, 01:23 PM) it's quite boring holding DRBHCOM to see it only hit 2.30 for a little bit then dropped back to lower 2.2x. Hold and avg down TP 3.00 Maintain.. Year end |
|
|
Jul 4 2011, 06:13 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Today the counter is very disappointing~
Hope it would rebound soon and shoot up! Sleep for too long already... Haha... |
|
|
Jul 4 2011, 06:41 PM
|
|
Senior Member
2,972 posts Joined: Jul 2006 From: OSINT
|
 Better EPS in the future? |
|
|
Jul 4 2011, 09:10 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
the price make people holding warrant like me very gan jiong ar XD
|
|
|
Jul 4 2011, 09:17 PM
|
|
Senior Member
4,457 posts Joined: Jul 2005
|
QUOTE(qingweibuaya @ Jul 4 2011, 09:10 PM) the price make people holding warrant like me very gan jiong ar XD Bank warrant is not to hold 1 ... |
|
|
Jul 4 2011, 09:35 PM
|
|
Senior Member
1,516 posts Joined: May 2006
|
QUOTE(Irzani @ Jul 4 2011, 06:41 PM) Better EPS in the future? |
|
|
Jul 4 2011, 10:03 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(Ken @ Jul 4 2011, 09:17 PM) Bank warrant is not to hold 1 ... yea , big mistake of mine jz waiting for a good chance to throw , hopefully b4 nov , but only god know wats gonna happen by then |
|
|
Jul 4 2011, 11:15 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(qingweibuaya @ Jul 4 2011, 10:03 PM) yea , big mistake of mine Hmm... What warrants and when would it expire that you are holding? jz waiting for a good chance to throw , hopefully b4 nov , but only god know wats gonna happen by then What's your ABP? |
|
|
Jul 4 2011, 11:30 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(qingweibuaya @ Jul 4 2011, 10:03 PM) yea , big mistake of mine CD or CE? jz waiting for a good chance to throw , hopefully b4 nov , but only god know wats gonna happen by then |
|
|
Jul 4 2011, 11:47 PM
|
|
Senior Member
2,972 posts Joined: Jul 2006 From: OSINT
|
QUOTE(Larrylow @ Jul 4 2011, 09:35 PM) Hey bro, what kind of software are you using? I would like to have one, it looks so comprehensive, everything is there in a glance! IQCapital .. |
|
|
Jul 5 2011, 12:15 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(Ken @ Jul 4 2011, 09:17 PM) Bank warrant is not to hold 1 ... Then ? To eat? Lolz. Joking |
|
|
Jul 5 2011, 07:50 AM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(t5t @ Jul 4 2011, 11:15 PM) Hmm... What warrants and when would it expire that you are holding? cd , expire next year , abp 20 cent What's your ABP? most probably i nid to pay some tuition fee to the market shudn make such reckless & stupid decision in the future |
|
|
Jul 5 2011, 08:22 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(qingweibuaya @ Jul 5 2011, 07:50 AM) cd , expire next year , abp 20 cent Hmm... CD expires this December, right? most probably i nid to pay some tuition fee to the market shudn make such reckless & stupid decision in the future I think it will break 20 cents as long as DRBHCOM breaks RM2.50... Just hold it... Who knows you will make gain later~ Good luck!!! ^^ |
|
|
Jul 5 2011, 08:36 AM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(t5t @ Jul 5 2011, 08:22 AM) Hmm... CD expires this December, right? thx I think it will break 20 cents as long as DRBHCOM breaks RM2.50... Just hold it... Who knows you will make gain later~ Good luck!!! ^^ good luck to all drb share holders |
|
|
Jul 5 2011, 10:25 AM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
CD expires on 8-dec-2011. so before end of nov, drb better hikes up...
i have tons of CDs too from .16 to .19. |
|
|
Jul 5 2011, 01:38 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
DRB TARGET PRICE RAISED TO 3.95 from 3.80
Be patient guys, treat your DRB shares as FD at this point of time! DRB TARGET PRICE RAISED |
|
|
Jul 5 2011, 03:59 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(freddie @ Jul 5 2011, 10:25 AM) CD expires on 8-dec-2011. so before end of nov, drb better hikes up... Haha...i have tons of CDs too from .16 to .19. Can you anytime convert your call warrants to cash? Or must you wait till 8 december? |
|
|
Jul 5 2011, 04:23 PM
|
|
Senior Member
897 posts Joined: Sep 2008
|
QUOTE(t5t @ Jul 5 2011, 03:59 PM) Haha... Can convert to cash by selling it in the market lah. It's a European style warrant, so if u want to convert it to shares, have to wait until maturityCan you anytime convert your call warrants to cash? Or must you wait till 8 december? |
|
|
Jul 5 2011, 05:45 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(ciahcra @ Jul 5 2011, 04:23 PM) Can convert to cash by selling it in the market lah. It's a European style warrant, so if u want to convert it to shares, have to wait until maturity erm , call warrant cannot convert to share gua , it will gv u cash instead if u make profit |
|
|
Jul 5 2011, 06:45 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
it's cash-settled european style call warrant. cash only. no cards.
|
|
|
Jul 5 2011, 06:53 PM
|
Senior Member
786 posts Joined: May 2011
|
QUOTE(freddie @ Jul 5 2011, 06:45 PM) it's cash-settled european style call warrant. cash only. no cards. yo freddie, mind sharing me details of your DRBH warrants holding?...cheers. |
|
|
Jul 5 2011, 07:00 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
what about it that you wanna know? i am holding drbhcom-cd.
|
|
|
Jul 5 2011, 07:32 PM
|
|
Senior Member
786 posts Joined: May 2011
|
QUOTE(freddie @ Jul 5 2011, 07:00 PM) what about it that you wanna know? i am holding drbhcom-cd. entry price & length of holding & qty... if you don't mind.reason is planning to join the band wagon. |
|
|
Jul 6 2011, 07:20 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Short rebound for DRB-HICOM likely
DRB-HICOM Bhd’s price trend moved higher to close at RM2.24, giving a day-on-day gain of 4 sen, or 1.82 per cent. Chartwise, DRB-HICOM’s daily price trend fell from its recent high of RM2.30 on June 17 to its intra-day low of RM2.19 on July 4,giving a total loss of 11 sen, or 4.78 per cent. Its 60-minute price trend staged an overhead breakout of its short-term downtrend (B1:B2) yesterday and continued to stay above it. Its 60-minute fast MACD (moving average convergence divergence) continued to stay above its daily slow MACD yesterday. Both of its daily fast and slow MACDs continued to stay below their respective neutral reference lines. DRB-HICOM’s 60-minute price trend is likely to stage a short and brief follow-through rebound. Read more: Short rebound for DRB-HICOM likely http://www.btimes.com.my/Current_News/BTIM.../#ixzz1RHAYj4u6 May all of us together huat in this counter... ^^ |
|
|
Jul 6 2011, 10:19 AM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
QUOTE(nasT @ Jul 5 2011, 07:32 PM) entry price & length of holding & qty... if you don't mind. lemme dig my log book...reason is planning to join the band wagon. 25 may bought 49k @ 0.19 15 jun bought 20k @ 0.17 17 june bought 50k @ 0.165 24 june bought 20k @ 0.15 30 june bought 30k @ 0.16 total on hand 169k as for how long am i gonna hold... i dont know. definately before december will sell off. |
|
|
Jul 6 2011, 01:11 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(freddie @ Jul 6 2011, 11:19 AM) lemme dig my log book... hello are you this is DRB-HCOM?? Looks more like penny stock hahaha 25 may bought 49k @ 0.19 15 jun bought 20k @ 0.17 17 june bought 50k @ 0.165 24 june bought 20k @ 0.15 30 june bought 30k @ 0.16 total on hand 169k as for how long am i gonna hold... i dont know. definately before december will sell off. |
|
|
Jul 6 2011, 02:17 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
QUOTE(escargo75 @ Jul 6 2011, 01:11 PM) hello are you this is DRB-HCOM?? Looks more like penny stock hahaha we were talking about drbhcom-cd lah. |
|
|
Jul 7 2011, 12:00 AM
|
|
Senior Member
786 posts Joined: May 2011
|
QUOTE(freddie @ Jul 6 2011, 10:19 AM) lemme dig my log book... don't worry. I think you should do just fine. Just hope there is a year end rally. The company is a strong company anyway with earnings from new project yet to be factored in. 25 may bought 49k @ 0.19 15 jun bought 20k @ 0.17 17 june bought 50k @ 0.165 24 june bought 20k @ 0.15 30 june bought 30k @ 0.16 total on hand 169k as for how long am i gonna hold... i dont know. definately before december will sell off. frankly, i was contemplating the mother shares @ 70sen and drb-cb when it was 20 sen. but heck my $$ bearing was a bit off so looking back eyes spinning and saliva dropped till today. |
|
|
Jul 7 2011, 08:54 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Time for a run
|
|
|
Jul 7 2011, 08:59 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Bonescythe @ Jul 7 2011, 08:54 AM) Time for a run I hope you are right, Bone~ |
|
|
Jul 7 2011, 05:59 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
i have unloaded *ALL* drb-cd yesterday, at 0.165-0.170.
no regret, because i can buy back... this DRB is really a stone. kick it also wont move. |
|
|
Jul 7 2011, 06:04 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(freddie @ Jul 7 2011, 05:59 PM) i have unloaded *ALL* drb-cd yesterday, at 0.165-0.170. Cannot really say that.no regret, because i can buy back... this DRB is really a stone. kick it also wont move. It moved from below rm one to rm 2.3 ......and taking a pause. Check the history and u become wiser. Learn to live in harmony with the stock u buy or trade. This post has been edited by SKY 1809: Jul 7 2011, 06:15 PM |
|
|
Jul 7 2011, 06:29 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(Bonescythe @ Jul 7 2011, 08:54 AM) Time for a run its the share start to run or we gotta run ? |
|
|
Jul 7 2011, 07:03 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(freddie @ Jul 7 2011, 05:59 PM) i have unloaded *ALL* drb-cd yesterday, at 0.165-0.170. no regret, because i can buy back... this DRB is really a stone. kick it also wont move. QUOTE(SKY 1809 @ Jul 7 2011, 06:04 PM) Cannot really say that. LOL It moved from below rm one to rm 2.3 ......and taking a pause. Check the history and u become wiser. Learn to live in harmony with the stock u buy or trade. I believe it will run, so that's why I have not been selling my holdings @ 2.00, as I don't want to catch at a high price later.I am going to enter CD again, see how tomorrow. @ Sky, I think we both have been trading DRB since 1.00, quite a lot of memories with it |
|
|
Jul 7 2011, 07:32 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(sharesa @ Jul 7 2011, 07:03 PM) LOL Haha... You and Sky are DRB fans? I believe it will run, so that's why I have not been selling my holdings @ 2.00, as I don't want to catch at a high price later.I am going to enter CD again, see how tomorrow. @ Sky, I think we both have been trading DRB since 1.00, quite a lot of memories with it Lol... I hope all of us can huat again in this counter... ^^ |
|
|
Jul 7 2011, 07:41 PM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(t5t @ Jul 7 2011, 07:32 PM) Haha... You and Sky are DRB fans? Yup, need more patience, I don't want to sell it just because it is moving sideways.Lol... I hope all of us can huat again in this counter... ^^ Sapcres taught me a lesson, last year it was moving sideways for a long time(for months), so I sold half of them, it is 4.5 now. |
|
|
Jul 7 2011, 07:43 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(t5t @ Jul 7 2011, 07:32 PM) Haha... You and Sky are DRB fans? Well DRB sons did appreciate 100% 1 month or so after Japan nuclear crisis while many forumers did prefer to make more noises .Lol... I hope all of us can huat again in this counter... ^^ So better do some R & D to make some money ( instead of creating noise ) This post has been edited by SKY 1809: Jul 7 2011, 07:44 PM |
|
|
Jul 7 2011, 09:21 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(freddie @ Jul 7 2011, 05:59 PM) i have unloaded *ALL* drb-cd yesterday, at 0.165-0.170. Don't curse the share. Because it will curse you back another time..no regret, because i can buy back... this DRB is really a stone. kick it also wont move. 1st time - you curse it because falling, you cut. 2nd time - you curse it because he is flying, you did not ride on it.. Because 1st time, you curse it, so you don't like it anymore, and even tough going up, you also don't want to enter.. Lolz.. Just my stupid sharing. But quite make some sense to me at least Added on July 7, 2011, 9:23 pm QUOTE(qingweibuaya @ Jul 7 2011, 06:29 PM) its the share start to run or we gotta run ? Hmm.. Very deep question. Subjective as well. Hehehe I think, it is time for us to run in ? Hahaha.. Finger crossedThis post has been edited by Bonescythe: Jul 7 2011, 09:23 PM |
|
|
Jul 7 2011, 09:24 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Bonescythe @ Jul 7 2011, 09:21 PM) Don't curse the share. Because it will curse you back another time.. Brother Bone entering DRBHCOM?1st time - you curse it because falling, you cut. 2nd time - you curse it because he is flying, you did not ride on it.. Because 1st time, you curse it, so you don't like it anymore, and even tough going up, you also don't want to enter.. Lolz.. Just my stupid sharing. But quite make some sense to me at least Added on July 7, 2011, 9:23 pm Hmm.. Very deep question. Subjective as well. Hehehe I think, it is time for us to run in ? Hahaha.. Finger crossedOr already entered? |
|
|
Jul 7 2011, 09:52 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(t5t @ Jul 7 2011, 09:24 PM) Brother Bone entering DRBHCOM? Already sent a couples of F22 Raptor circulating the air space and monitoring closely on all movement.Or already entered? Not yet entered. But.. Planning to enter once consolidation is over I believe consolidation is on its final stages already, and we had come to a dead end of darkness soon, and brightness to prevail when the time cometh.Should be anytime from now Should be able to hear the engine roaring soonCheers |
|
|
Jul 7 2011, 10:55 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
Share investment is all about money.
Cursing the money and u would not get it. Have u heard of the Law of Attraction |
|
|
Jul 8 2011, 12:10 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(SKY 1809 @ Jul 7 2011, 10:55 PM) Share investment is all about money. Sure.. But make sure those that really need to be cursed, can be cursed.. Hahaha. Like Scomi!Cursing the money and u would not get it. Have u heard of the Law of Attraction Good fundamental, don't curse them |
|
|
Jul 8 2011, 08:53 AM
|
|
Senior Member
786 posts Joined: May 2011
|
being patience would have its reward...
|
|
|
Jul 8 2011, 08:56 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(Bonescythe @ Jul 8 2011, 12:10 AM) Sure.. But make sure those that really need to be cursed, can be cursed.. Hahaha. Like Scomi! Yea... What you say make sense...Good fundamental, don't curse them ^^ |
|
|
Jul 8 2011, 11:34 AM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
QUOTE(SKY 1809 @ Jul 7 2011, 06:04 PM) Cannot really say that. yup. i know that. but during good time i just gotta switch for a quicker ride before i come back to it again.It moved from below rm one to rm 2.3 ......and taking a pause. Check the history and u become wiser. Learn to live in harmony with the stock u buy or trade. i will definately buy back DRB! it's undervalued for sure. QUOTE(Bonescythe @ Jul 7 2011, 09:21 PM) Don't curse the share. Because it will curse you back another time.. haha. speak from experience uh? i think most of us experienced this.1st time - you curse it because falling, you cut. 2nd time - you curse it because he is flying, you did not ride on it.. Because 1st time, you curse it, so you don't like it anymore, and even tough going up, you also don't want to enter.. Lolz.. Just my stupid sharing. But quite make some sense to me at least with limited bullets, i have no choice but dispose DRB first and ride on a quicker ride before coming back to it. it's kinda like changing lanes in a slow moving traffic. just gotta be sure the lane i changed to, moves faster than the old one. |
|
|
Jul 8 2011, 12:39 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(freddie @ Jul 8 2011, 11:34 AM) yup. i know that. but during good time i just gotta switch for a quicker ride before i come back to it again. Fast or slow lanes are pretty ok to me.i will definately buy back DRB! it's undervalued for sure. haha. speak from experience uh? i think most of us experienced this. with limited bullets, i have no choice but dispose DRB first and ride on a quicker ride before coming back to it. it's kinda like changing lanes in a slow moving traffic. just gotta be sure the lane i changed to, moves faster than the old one. So long the stocks send me some signals before they travel up. Today 0129 and SBC went up without informing me. Most probably my fault too, yet to find a way to be on their ( harmony ) side. Just blow water if u do not understand what I say. This post has been edited by SKY 1809: Jul 8 2011, 12:40 PM |
|
|
Jul 8 2011, 05:42 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
blow water...
i noticed SCB because it was up early fast on top 20 list. 0129 i removed it from my fav list a while ago. Added on July 13, 2011, 11:03 ami am entering DRBHCOM-CE to punt on its "in the money" status and short expiry date! wish me luck. Added on July 15, 2011, 12:45 pmin and out and now in again for DRB-CE. This post has been edited by freddie: Jul 15 2011, 12:45 PM |
|
|
Jul 20 2011, 04:10 PM
|
|
Newbie
3 posts Joined: Jun 2011
|
can start accumulating?
|
|
|
Jul 21 2011, 11:52 AM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
for long term, ya. short term... nobody can tell.
|
|
|
Jul 25 2011, 05:18 PM
|
Junior Member
253 posts Joined: Dec 2004
|
what happen to this stock today? Why fall so rapidly at last minute????
|
|
|
Jul 25 2011, 05:21 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(skumara @ Jul 25 2011, 05:18 PM) what happen to this stock today? Why fall so rapidly at last minute???? i wud like to know too |
|
|
Jul 25 2011, 05:29 PM
|
|
Junior Member
98 posts Joined: Mar 2005
|
could it be technical error?
|
|
|
Jul 25 2011, 05:31 PM
|
|
Junior Member
253 posts Joined: Dec 2004
|
no. It could be major investor selling. The question is who is the investor? EPF??? Is it because election?
|
|
|
Jul 25 2011, 05:34 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
it is a sudden drop with a big gap or it slowly move till 1.95 by eating up all support level ???
i jz came back den nearly get scared till die when i saw dis ..... hellll |
|
|
Jul 25 2011, 05:35 PM
|
|
Senior Member
1,332 posts Joined: Nov 2005
|
another technical error in KLSE...?
|
|
|
Jul 25 2011, 05:36 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
today is the 1st day of VWAP for DRB-CE.
1st day avg = 2.1802 sigh... i have been screwed deeply by this. I have lots of DRB-CE waiting to exercise. |
|
|
Jul 25 2011, 05:39 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(freddie @ Jul 25 2011, 05:36 PM) today is the 1st day of VWAP for DRB-CE. when is the expiry date ???1st day avg = 2.1802 sigh... i have been screwed deeply by this. I have lots of DRB-CE waiting to exercise. i hv some cd too , summore in relative high price nid to be calm now .... |
|
|
Jul 25 2011, 05:39 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
CD should be safe.
CE is gonna expire on 1/8. |
|
|
Jul 25 2011, 05:46 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(freddie @ Jul 25 2011, 05:39 PM) CD should be safe. CE is gonna expire on 1/8.  nid to see tomorrow opening price liao = = |
|
|
Jul 25 2011, 05:57 PM
|
|
Junior Member
276 posts Joined: Apr 2009
|
freddie, u are wrong.. OSK 's calculation is closing price... not VWAMP.. read their prospectus.. so they just have to manipulate closing
|
|
|
Jul 25 2011, 06:09 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(wombie @ Jul 25 2011, 05:57 PM) freddie, u are wrong.. OSK 's calculation is closing price... not VWAMP.. read their prospectus.. so they just have to manipulate closing We all know, only Bursa is keeping an eye closed.This post has been edited by SKY 1809: Jul 25 2011, 06:09 PM |
|
|
Jul 25 2011, 06:16 PM
|
|
Senior Member
4,457 posts Joined: Jul 2005
|
QUOTE(qingweibuaya @ Jul 25 2011, 05:34 PM) it is a sudden drop with a big gap or it slowly move till 1.95 by eating up all support level ??? total sell lot is 11k at 1.95 i jz came back den nearly get scared till die when i saw dis ..... hellll so all buy prices from 2.28 till 1.95 will be match ... i doubt got 11k buy queue ? |
|
|
Jul 25 2011, 06:18 PM
|
|
Junior Member
244 posts Joined: Jan 2007
|
QUOTE(wombie @ Jul 25 2011, 05:57 PM) freddie, u are wrong.. OSK 's calculation is closing price... not VWAMP.. read their prospectus.. so they just have to manipulate closing take a look at this. i think its based on 5 days vwaphttp://www.osk188.com/adminv2/UserFiles/OS...nal%20Terms.pdf |
|
|
Jul 25 2011, 06:23 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(admnovsk @ Jul 25 2011, 06:18 PM) take a look at this. i think its based on 5 days vwap Average of 5 days closing prices only, not throughout the days.http://www.osk188.com/adminv2/UserFiles/OS...nal%20Terms.pdf Correct me if I am wrong. |
|
|
Jul 25 2011, 06:23 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
it's 5 days vwap.
https://admin.osk188.com/adminv2/UserFiles/...20%28T53%29.pdf QUOTE Where the Settlement Price will be an amount in the Reference Currency that equals to the arithmetic mean of the closing price of the underlying securities on the Exchange for the five (5) schedule Valuation Dates, as determined by the Issuer and verified by the Calculation Agent, subject to adjustments in accordance with the Conditions and without regard to any subsequently published correction. AND where Valuation Date(s) means in relation to the exercise of SW on the Expiry Date, each of the five (5) schedule Market Days prior to and including the Market Day immediately before the Expiry Date, and subject to the following Market Disruption Event provisions: (a) If a Market Disruption Event occurs on any of the five (5) scheduled Market Days prior to and including the Market Day immediately before the Expiry Date, then the Valuation Date(s) shall include such number of succeeding Market Days where the Market Disruption Event does not occur, for up to the eighth (8th) Market Day from and including the Expiry Date (which shall be referred to as the “Last Valuation Date”), so that in no event shall there be less than five (5) closing prices, to determine the Settlement Price; or (b) If there are insufficient number of Market Days leading up to and including the Last Valuation Date that are not affected by the Market Disruption Event, such that there are less than five (5) Market Days to determine the five (5) closing prices, then: (i) firstly, the Issuer shall determine the closing price, at its absolute discretion and on the basis of the Issuer’s good faith estimate of such price that would have prevailed on the Last Valuation Date but for the Market Disruption Event, and (ii) secondly, the closing price on the Last Valuation Date as determined by the Issuer may be referenced more than once to ensure that there are five (5) closing prices (by the Last Valuation Date) to determine the Settlement Price. Added on July 25, 2011, 6:27 pm QUOTE(SKY 1809 @ Jul 25 2011, 06:23 PM) Average of 5 days closing prices only, not throughout the days. the only thing i am not sure now is... whether the 5 days vwap starts from today or tomorrow.Correct me if I am wrong. if it starts from today, then avg price is low. only 2.1804. if it starts from tomorrow, way better. eventhough there are 14k lots to factor in for profit taking but at least no worse than 2.18. Added on July 25, 2011, 6:29 pm QUOTE(Ken @ Jul 25 2011, 06:16 PM) total sell lot is 11k at 1.95 there were others queued from 2.27,2.26,2.25... all the way down.so all buy prices from 2.28 till 1.95 will be match ... i doubt got 11k buy queue ? all those people gotten their shares at 1.95. they are laughing to the bank. This post has been edited by freddie: Jul 25 2011, 06:29 PM |
|
|
Jul 25 2011, 06:50 PM
|
|
Junior Member
276 posts Joined: Apr 2009
|
FREDDIE, Where the Settlement Price will be an amount in the Reference Currency that equals to the
arithmetic mean of the closing price of the underlying securities on the Exchange for the five (5) schedule Valuation Dates ARITHMETIC MEAN MEANS ADD UP 5 DAYS CLOSING PRICE AND DIVIDE BY 5, IT DOESNT MATTER U TRADE AT WHAT PRICE IN THE MIDDLE... SO IT IS CLOSING PRICE... TODAY IS THE FIRST DAY.. osk is always closing price.. only cimb pays vwamp.. vwamp is more fair .. closing price can be manipulated... osk should be banned by bursa and sc la.. this is too much today is the first day, next monday 1st of august is expiry date... means trading stop at thursday... |
|
|
Jul 25 2011, 07:01 PM
|
Senior Member
6,583 posts Joined: Feb 2008
|
im still curious what happen to drb. EPF acquired 305,000 shares and it still drop?
could it be a bigger investor selling down? |
|
|
Jul 25 2011, 07:04 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
QUOTE(wombie @ Jul 25 2011, 06:50 PM) FREDDIE, Where the Settlement Price will be an amount in the Reference Currency that equals to the thanks for the clarification.arithmetic mean of the closing price of the underlying securities on the Exchange for the five (5) schedule Valuation Dates ARITHMETIC MEAN MEANS ADD UP 5 DAYS CLOSING PRICE AND DIVIDE BY 5, IT DOESNT MATTER U TRADE AT WHAT PRICE IN THE MIDDLE... SO IT IS CLOSING PRICE... TODAY IS THE FIRST DAY.. osk is always closing price.. only cimb pays vwamp.. vwamp is more fair .. closing price can be manipulated... osk should be banned by bursa and sc la.. this is too much today is the first day, next monday 1st of august is expiry date... means trading stop at thursday... i shall boycott osk. sigh... Added on July 25, 2011, 7:06 pmsince today is the 1st day of the 5-day... if i want the settlement price to be 2.25, the next 4 days need to close on 2.325!!! CRAP!! i might as well kiss my DRB-CE's asses good bye. This post has been edited by freddie: Jul 25 2011, 07:06 PM |
|
|
Jul 25 2011, 09:28 PM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
Wah this is unbelievable. Rarely see so blatant manipulation of closing prices.
For people trapped in the warrants, I think best is to buy up the cheaper mother share in last minute trading and ride it back to normal prices once the price fixing date is completed. Tomorrow morning might already be trading at normal prices for mother share because they only need to manipulate the closing prices. |
|
|
Jul 25 2011, 09:35 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(skiddtrader @ Jul 25 2011, 09:28 PM) Wah this is unbelievable. Rarely see so blatant manipulation of closing prices. There were about 50,000 ( 58,882 ) lots queue up to buy at rm 1.95 ( closing price ) For people trapped in the warrants, I think best is to buy up the cheaper mother share in last minute trading and ride it back to normal prices once the price fixing date is completed. Tomorrow morning might already be trading at normal prices for mother share because they only need to manipulate the closing prices.  This post has been edited by SKY 1809: Jul 25 2011, 09:39 PM |
|
|
Jul 25 2011, 10:32 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(manrecycle @ Jul 25 2011, 10:17 PM) You interested in this company annual report or research report done on this company? I have in print and digital format. PM or email me> man.recycle@yahoo.com why not share it here |
|
|
Jul 25 2011, 11:27 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(wombie @ Jul 25 2011, 06:50 PM) FREDDIE, Where the Settlement Price will be an amount in the Reference Currency that equals to the Thanks.arithmetic mean of the closing price of the underlying securities on the Exchange for the five (5) schedule Valuation Dates ARITHMETIC MEAN MEANS ADD UP 5 DAYS CLOSING PRICE AND DIVIDE BY 5, IT DOESNT MATTER U TRADE AT WHAT PRICE IN THE MIDDLE... SO IT IS CLOSING PRICE... TODAY IS THE FIRST DAY.. osk is always closing price.. only cimb pays vwamp.. vwamp is more fair .. closing price can be manipulated... osk should be banned by bursa and sc la.. this is too much today is the first day, next monday 1st of august is expiry date... means trading stop at thursday... Luckily my Affin CD is issues by CIMB. But CIMB could also suka suka downgrade a stock when they think their ( CIMB ) call warrants could shoot to the sky lo. |
|
|
Jul 26 2011, 12:27 AM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
According to my friend whose close friend working in osk. Osk issued internal memo and stated that was a "trading error" but not gonna do anything.
Osk is clearly manipulating the price. |
|
|
Jul 26 2011, 01:34 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(freddie @ Jul 26 2011, 12:27 AM) According to my friend whose close friend working in osk. Osk issued internal memo and stated that was a "trading error" but not gonna do anything. This is not the first time OSK has been manipulating its CW prices. If you study issues by OSK you will notice some manipulation is happening.Osk is clearly manipulating the price. |
|
|
Jul 26 2011, 02:14 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(Icehart @ Jul 26 2011, 01:34 AM) This is not the first time OSK has been manipulating its CW prices. If you study issues by OSK you will notice some manipulation is happening. Guys,Time to Boycott OSK . |
|
|
Jul 26 2011, 03:05 AM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
I'm boycotting Call warrants.
But definitely this OSK should be UMA for this blatant manipulation of prices. |
|
|
Jul 26 2011, 07:55 AM
|
|
Senior Member
2,526 posts Joined: Feb 2011
|
QUOTE(SKY 1809 @ Jul 26 2011, 02:14 AM) Guys, Sure will boycott any osk related warrants but i dont have acc with them so cant do anything. Time to Boycott OSK . What if the victims to write to bursa? Write letter to media? Will that help.. |
|
|
Jul 26 2011, 08:07 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(justanovice @ Jul 26 2011, 07:55 AM) Sure will boycott any osk related warrants but i dont have acc with them so cant do anything. This is a clear cut breaching of SC Security Acts.What if the victims to write to bursa? Write letter to media? Will that help.. I hope SC doe not close on both the eyes. And also detriments to the future development of the derivatives . This post has been edited by SKY 1809: Jul 26 2011, 08:31 AM |
|
|
Jul 26 2011, 09:16 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
err, can some1 please explain why the price jumped down yesterday to 1.95 from 2.30 and today ramp up again?
|
|
|
Jul 26 2011, 09:22 AM
|
Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
|
QUOTE(SKY 1809 @ Jul 26 2011, 02:14 AM) Guys, All major bloggers and most of the internet is saying to boycott OSK's CW unless they change to VWAP instead of average closing price. There are some people not happy with Kencana-CF as well...by OSK. Time to Boycott OSK .  Added on July 26, 2011, 9:23 am QUOTE(freddie @ Jul 26 2011, 12:27 AM) According to my friend whose close friend working in osk. Osk issued internal memo and stated that was a "trading error" but not gonna do anything. Trading error?? Like that excuse also can ah? Then there are people who queue at 1.95 before the sell order, how come they know about the trading order before it was 'errorly' traded? Osk is clearly manipulating the price. This post has been edited by gark: Jul 26 2011, 09:23 AM |
|
|
Jul 26 2011, 09:26 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(gark @ Jul 26 2011, 09:22 AM) All major bloggers and most of the internet is saying to boycott OSK's CW unless they change to VWAP instead of average closing price. There are some people not happy with Kencana-CF as well...by OSK. Thanks Gark for your lovely info.Added on July 26, 2011, 9:23 am Trading error?? Like that excuse also can ah? Then there are people who queue at 1.95 before the sell order, how come they know about the trading order before it was 'errorly' traded? |
|
|
Jul 26 2011, 09:30 AM
|
|
Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
|
QUOTE(SKY 1809 @ Jul 26 2011, 09:26 AM) Thanks Gark for your lovely info. Info not from me... here are one of the critics... Link |
|
|
Jul 26 2011, 09:41 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(gark @ Jul 26 2011, 09:30 AM) Bersihkan OSK. This post has been edited by SKY 1809: Jul 26 2011, 09:42 AM |
|
|
Jul 26 2011, 10:50 AM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
QUOTE(gark @ Jul 26 2011, 09:22 AM) Added on July 26, 2011, 9:23 am Trading error?? Like that excuse also can ah? Then there are people who queue at 1.95 before the sell order, how come they know about the trading order before it was 'errorly' traded? those who got matched at 1.95 were the buy queue from 2.27, 2.26, 2.25, 2.24.... all those people queued for 2.2x have gotten a good deal as they only pay 1.95. that's how stupid bursa's system work. |
|
|
Jul 26 2011, 01:08 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(freddie @ Jul 26 2011, 10:50 AM) there werent people queued at 1.95. those who got matched at 1.95 were the buy queue from 2.27, 2.26, 2.25, 2.24.... all those people queued for 2.2x have gotten a good deal as they only pay 1.95. that's how stupid bursa's system work. in fact i think this part of system is nice since it giv buyer a better price , bursa wan deal to be done , so its perfectly ok for them to do dis way |
|
|
Jul 26 2011, 01:15 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
it is now impossible for me to dump all the CE's at 0.115 now.
with 1.95 as the 1st day closing price... if next 4 days closing price is - 2.23, then CE is worth 0.112 a piece. - 2.24, then CE is worth 0.116 a piece. - 2.25, then CE is worth 0.120 a piece. - 2.26, then CE is worth 0.124 a piece. - 2.27, then CE is worth 0.128 a piece. - 2.28, then CE is worth 0.132 a piece. most likely OSK wouldnt dare to do a 1.95 again. i am pretty comfortable with 2.23. getting 0.112 cash per CE is not much different from selling in open market for 0.115 minus brokerages. so if it's 2.24, of course will be better than selling in open market for 0.115. as for 2.25, possible too. 2.26? uh... i need some luck. 2.27? i go buy 4D!!! 2.28? buy big sweep lor... oh well... Added on July 26, 2011, 1:17 pm QUOTE(qingweibuaya @ Jul 26 2011, 01:08 PM) in fact i think this part of system is nice since it giv buyer a better price , bursa wan deal to be done , so its perfectly ok for them to do dis waybursa should just let anyone who wanna wallop 30 bids up or down during REGULAR trading time and limit the numbers of up/down bids on pre-close period. well, that's my opinion. This post has been edited by freddie: Jul 26 2011, 01:17 PM |
|
|
Jul 26 2011, 01:25 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(freddie @ Jul 26 2011, 01:15 PM) it is now impossible for me to dump all the CE's at 0.115 now. Bursa spent about 50m or so to upgrade their softwares , as mentioned as their main concern is to cut down manipulation on the closing price.with 1.95 as the 1st day closing price... if next 4 days closing price is - 2.23, then CE is worth 0.112 a piece. - 2.24, then CE is worth 0.116 a piece. - 2.25, then CE is worth 0.120 a piece. - 2.26, then CE is worth 0.124 a piece. - 2.27, then CE is worth 0.128 a piece. - 2.28, then CE is worth 0.132 a piece. most likely OSK wouldnt dare to do a 1.95 again. i am pretty comfortable with 2.23. getting 0.112 cash per CE is not much different from selling in open market for 0.115 minus brokerages. so if it's 2.24, of course will be better than selling in open market for 0.115. as for 2.25, possible too. 2.26? uh... i need some luck. 2.27? i go buy 4D!!! 2.28? buy big sweep lor... oh well... Added on July 26, 2011, 1:17 pm the system is ok but not ok for the last 10 min. because pre-close price will determine the closing price. bursa should just let anyone who wanna wallop 30 bids up or down during REGULAR trading time and limit the numbers of up/down bids on pre-close period. well, that's my opinion. But now 33 bids manipulation is kinda totally out of the expectation Just like the bullet train crashed in China. This post has been edited by SKY 1809: Jul 26 2011, 01:25 PM |
|
|
Jul 26 2011, 01:35 PM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(freddie @ Jul 26 2011, 01:15 PM) the system is ok but not ok for the last 10 min. because pre-close price will determine the closing price. bursa should just let anyone who wanna wallop 30 bids up or down during REGULAR trading time and limit the numbers of up/down bids on pre-close period. well, that's my opinion. so if osk were to do dis again, is there any action can be taken by us ???? |
|
|
Jul 26 2011, 02:01 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(zamans98 @ Jul 26 2011, 09:16 AM) err, can some1 please explain why the price jumped down yesterday to 1.95 from 2.30 and today ramp up again? To manipulate the cash value of the expiring DRB-CE which was issued by OSK themselves. QUOTE(qingweibuaya @ Jul 26 2011, 01:35 PM) oh yeah , i din consider for the cw part You can write to Bursa but I doubt they will do anything. so if osk were to do dis again, is there any action can be taken by us ???? |
|
|
Jul 26 2011, 03:04 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
reply received from SC...
QUOTE Dear Mr. Chan, We refer to your email below and thank you for the information provided. Please be informed that we are currently reviewing the issues raised in your email below and would take such appropriate action should there be any breach of the securities laws. Meanwhile, should you have any queries in relation to the matter, please do not hesitate to contact us at 03-62048999. Thank you. Regards, Wan Normajidah Investor Affairs & Complaints Securities Commission Malaysia |
|
|
Jul 26 2011, 08:52 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Cronies replies is like this ?
|
|
|
Jul 26 2011, 09:13 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(Icehart @ Jul 26 2011, 02:01 PM) To manipulate the cash value of the expiring DRB-CE which was issued by OSK themselves. Thanks Icy.You can write to Bursa but I doubt they will do anything. Luckily MHB-CXXXX not like that one. |
|
|
Jul 26 2011, 11:10 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
edited
This post has been edited by Bonescythe: Jul 26 2011, 11:11 PM |
|
|
Jul 27 2011, 11:26 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
Trading Error or Manipulation on DRB ?
" I will swing towards it being an intent to manipulate because WHO IN THEIR RIGHT MIND WOULD PUT A 3m BUY ORDER or SELL ORDER ON DRB HICOM given the current normal daily trading volume of the stock WITH 15 MINUTES OF TRADING LEFT???? Maybe because the egg has now been splattered over everyone that the intent has to stop. If there was no outcry, maybe we will see even more of these "trading errors"." by DALI http://malaysiafinance.blogspot.com/2011/0...ion-on-drb.html THE POWER OF SOCIAL MEDIA This post has been edited by SKY 1809: Jul 27 2011, 11:51 AM |
|
|
Jul 27 2011, 07:45 PM
|
|
Senior Member
572 posts Joined: Sep 2007
|
Most losers are those who dun even understand the rules of the game. Losers dun even know how Trading at Last works. When they lose money they will blame everyone except themselves. |
|
|
Jul 28 2011, 03:08 AM
|
Junior Member
223 posts Joined: Aug 2007
|
QUOTE(Kinitos @ Jul 27 2011, 07:45 PM) Most losers are those who dun even understand the rules of the game. Losers dun even know how Trading at Last works. When they lose money they will blame everyone except themselves. What is the rules of the game? |
|
|
Jul 28 2011, 09:50 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(Kinitos @ Jul 27 2011, 07:45 PM) Most losers are those who dun even understand the rules of the game. Losers dun even know how Trading at Last works. When they lose money they will blame everyone except themselves. Why should we blame ourselves when there is a clear manipulation happening? |
|
|
Jul 28 2011, 11:17 PM
|
|
Senior Member
572 posts Joined: Sep 2007
|
It's Bursa computer that determine the closing price should be 1.95. If you think there is manipulation, proof it |
|
|
Jul 28 2011, 11:18 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(sstarlight @ Jul 28 2011, 03:08 AM) What is the rules of the game? There is no rules in the beginning... |
|
|
Jul 28 2011, 11:19 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(Kinitos @ Jul 28 2011, 11:17 PM) It's Bursa computer that determine the closing price should be 1.95. It becomes a mini Bersih 2.1 issue in the market. If you think there is manipulation, proof it |
|
|
Jul 29 2011, 12:49 AM
|
|
Senior Member
2,526 posts Joined: Feb 2011
|
QUOTE(Kinitos @ Jul 28 2011, 11:17 PM) It's Bursa computer that determine the closing price should be 1.95. it does not need any proof to prove some forumer like u r idiots. If you think there is manipulation, proof it i'm neutral (not holding DRB atm) but still behtahan idiot postings  |
|
|
Jul 29 2011, 02:36 AM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(Kinitos @ Jul 28 2011, 11:17 PM) It's Bursa computer that determine the closing price should be 1.95. If you can even get this SO SIMPLE logic SO WRONG from what you wrote there, i think there is no need to further discuss with you. I know EXACTLY how these trading platform works. I wrote some of those software before. So don't simply pretend to be master here. If you think there is manipulation, proof it This post has been edited by yok70: Jul 29 2011, 02:38 AM |
|
|
Jul 29 2011, 03:20 AM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
A closer look at the numbers involved, from another critic of this blatant manipulation slash 'error'
I don't think posting the whole content is fair to the writer so anyone who wants to read it all can visit the kicap QUOTE On 25/07/2011, 1.4 million of DRBHicom shares were sold at about RM0.30 below the market price. Error or manipulation? Point 1 The shares were sold by a bank-backed broker (The Edge). Client unknown. Selling were done at the last minutes during pre-closing. Point 2 Total quantity 1.4 million. Price at RM1.95, about RM0.30 below market price ... SNIP .... Point 10 How much saving of DRBHCOM-CE the Issuing House get, assuming all 90,000,000 shares are in the hands of public and not the Issuing House. RM0.15 ' RM0.12 X 90,000,000 = RM2.7 million ! ! ! ! ! ! ! ! ! ! If I am not mistaken, the maximum unit per order is 500,000. I'm not sure whether dealer doing for Institutional clients can have more than 500,000 per order. If it is 500,000, then the dealer needs to key-in at least 3 times for all the 1.4mil shares. Meaning if mistake or error, the dealer made at least 3 mistakes or errors. I'm not concern who is the broker who sell the shares, because institutional client normally have many accounts with many brokers. The main point is the shares were sold at RM0.30 below market price. Look at my long statement: Dealer keyed-in more than 3 times, at price of at least RM0.30 below the market price, at the last minutes during pre-closing, at a very huge quantity during a fairly quiet market, make a loss of only RM420,000 while the potential gain/saving by the Issuing House may be up to RM2.7 million, and it was a mistake. What do you think? |
|
|
Jul 29 2011, 09:20 AM
|
|
Senior Member
572 posts Joined: Sep 2007
|
QUOTE(sstarlight @ Jul 28 2011, 03:08 AM) What is the rules of the game? 95% lose money 5% make money == 95% is idiots(most likely high postcount/IQ), 5% is smart |
|
|
Jul 29 2011, 11:12 AM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(Kinitos @ Jul 29 2011, 09:20 AM) 95% lose money 5% make money == 95% is idiots(most likely high postcount/IQ), 5% is smart how come seldom see those 95% of ur kind ??? |
|
|
Jul 29 2011, 12:13 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
deleted
This post has been edited by SKY 1809: Jul 29 2011, 01:54 PM |
|
|
Jul 29 2011, 02:39 PM
|
|
Junior Member
223 posts Joined: Aug 2007
|
QUOTE(Bonescythe @ Jul 28 2011, 11:18 PM) There is no rules in the beginning... did u see the answer he gave? a troll. |
|
|
Jul 29 2011, 03:05 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(sstarlight @ Jul 29 2011, 02:39 PM) did u see the answer he gave? a troll. |
|
|
Jul 29 2011, 03:24 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(qingweibuaya @ Jul 29 2011, 11:12 AM) how come seldom see those 95% of ur kind ??? ...these people are still asleep....and when they sleep, they thought all others are sleeping too. |
|
|
Jul 30 2011, 10:01 PM
|
|
Senior Member
572 posts Joined: Sep 2007
|
QUOTE(yok70 @ Jul 29 2011, 02:36 AM) If you can even get this SO SIMPLE logic SO WRONG from what you wrote there, i think there is no need to further discuss with you. I know EXACTLY how these trading platform works. I wrote some of those software before. So don't simply pretend to be master here. Alright YOU admitted it.Let put this issues clearly for everyone in a way fair and favourable to YOU. YOU admitted that YOU wrote the shitty program and familiar with the shitty program that allow someone to out smart YOU. Bursa has use YOUR shitty program written by an idiot with half-past-six fact in good faith that ultimately someone smarter exploited to make money out of YOU. The facts remains that YOU unable to understand how that smart person can make such move based on the shitty program YOU wrote yourself. Whose fault is it now? YOU are accusing about thing that YOU had no proof or cannot proof. YOU are not sleeping. YOU are not dreaming. YOU are hallucinating that YOU lose money bcos someone is manipulating YOU YOU. YOU are hallucinating that YOU lose money bcos someone is controlling YOU YOU. YOU seriously need medical treatment to cure "lose money fatt lan jia" disease. |
|
|
Jul 31 2011, 09:21 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(Kinitos @ Jul 30 2011, 10:01 PM) Alright YOU admitted it. Would like you to know that our world still have good people with good heart. Not only losing money folks support losing money folks. I'm sure most of us here who feel angry on the price manipulation thing do not own any of the DRB warrant, same as myself. We are speaking it out because we look at our fellow investors as a whole family. We wish our family members being well and fairly treated by the authorities. Let put this issues clearly for everyone in a way fair and favourable to YOU. YOU admitted that YOU wrote the shitty program and familiar with the shitty program that allow someone to out smart YOU. Bursa has use YOUR shitty program written by an idiot with half-past-six fact in good faith that ultimately someone smarter exploited to make money out of YOU. The facts remains that YOU unable to understand how that smart person can make such move based on the shitty program YOU wrote yourself. Whose fault is it now? YOU are accusing about thing that YOU had no proof or cannot proof. YOU are not sleeping. YOU are not dreaming. YOU are hallucinating that YOU lose money bcos someone is manipulating YOU YOU. YOU are hallucinating that YOU lose money bcos someone is controlling YOU YOU. YOU seriously need medical treatment to cure "lose money fatt lan jia" disease. I feel sad for your situation. I hope you will find more happiness through a more open mind. You take care. |
|
|
Aug 1 2011, 06:11 PM
|
|
Senior Member
2,646 posts Joined: Jan 2003 From: 127.0.0.1
|
well, i myself is over with DRB-CE. i live another day to fight the battle.
just a little update: http://www.theedgemalaysia.com/in-the-fina...nt-episode.html QUOTE Lessons from DRB-Hicom call warrant episode Holders of call warrants closely track the movements of the underlying stock prices, as the value of their instruments depends on the latter. It is little wonder then that there was much hue and cry when DRB-Hicom Bhd’s share price plunged 14% or 33 sen to RM1.95 in the final minutes of trading last Monday, just five days before the structured call warrants (DRB-CE) issued by OSK Investment Bank Bhd were due to expire. The derivatives expire today. The fact that the shares fell to RM1.95 on that day — coincidentally the strike price of the call warrants — naturally raised suspicions among investors, even if it was a trading error. Again coincidentally, there were barely two trading days before DRB-CE was suspended last Thursday (last trading on Wednesday, July 27). After all, if DRB-Hicom shares closed at or below RM1.95 five days before expiry, the European-style call warrants would have been rendered worthless on expiry, and the issuer would not need to cough up any money for cash settlements. Fortunately, DRB-Hicom shares rebounded and recouped all their losses the next day. On the final trading day, DRB-CE closed at 12 sen and the underlying share finished at RM2.24. But the episode was unusual enough to elicit a response from OSK Investment Bank. It issued a press release in response to The Edge Financial Daily article on the “trading error”, saying that it had absolutely nothing to do with the price decline. “We, the bank, would like to clarify that we were not involved nor did we have any prior knowledge as to the purported ‘trade error’ reported in the article.” OSK, however, said there might be a direct implication on the determination of that day’s price movement on the settlement price of the call warrants. Whether there were suspected trading irregularities, Bursa Malaysia said as a matter of policy, it does not comment on any of its investigative actions. In an email reply to The Edge Financial Daily, it said: “Bursa Malaysia takes the obligation to maintain market integrity as a priority and views any attempts to manipulate share trading seriously. Where there are instances of suspected market offences, the exchange will investigate and take the necessary action.” It is still unclear what happened in those final minutes of trading on July 25, but the episode does throw up a few lessons. For one, it highlights the riskiness of call warrants, which many investment banks have been busy issuing and are often snapped up by retail rather than institutional investors. The high gearing effect means investors can either gain a lot or lose it all. Second, the ending value of a call warrant despite its multi-month tenure, ultimately depends on the closing price of just five trading days in the case of DRB-Hicom. If the underlying stock price had fallen below the call warrant’s strike price for that five days, it would have rendered the warrants worthless. Third, this may encourage future investors to just sell their call warrants on the open market if they make a profit, rather than wait for expiry and settlement. Fourth, it highlights the need for the authorities to exercise greater vigilance on unusual share price movements, especially when a call warrant is due to expire. Finally, the issuer of call warrants also needs to take into account a stock’s longer-term prospects before issuing such instruments — or they risk being out of the pocket. In DRB-Hicom’s case, few would have foreseen just a few months ago that the low-profile diversified conglomerate would have emerged on institutional investors’ buy lists. DRB-Hicom started garnering attention after analysts started appreciating its undervalued assets and it later acquired a 32% equity stake in Pos Malaysia Bhd. Perhaps the most important lesson is that call warrants are a risky instrument for both the issuer and investors. This article appeared in The Edge Financial Daily, August 1, 2011. |
|
|
Aug 18 2011, 12:04 AM
|
|
Senior Member
2,526 posts Joined: Feb 2011
|
Hi guys, anyone received the annual report aldi? Proposed divvy 4 cents..
|
|
|
Aug 18 2011, 12:06 AM
|
Senior Member
1,653 posts Joined: Dec 2008 From: GUAM
|
QUOTE(justanovice @ Aug 18 2011, 12:04 AM) Hi guys, anyone received the annual report aldi? Proposed divvy 4 cents.. received. but the share price has been dropping since last few weeks =.= |
|
|
Aug 18 2011, 05:31 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
DRB good entry circa RM1.90.
|
|
|
Aug 18 2011, 11:02 AM
|
|
Junior Member
359 posts Joined: Feb 2010
|
QUOTE(zamans98 @ Aug 18 2011, 05:31 AM) DRB good entry circa RM1.90. = = hope it never fall to tat |
|
|
Aug 18 2011, 03:27 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(qingweibuaya @ Aug 18 2011, 11:02 AM) = = hope it never fall to tat If Euro zones cannot settle their debt, then below RM1.90 is possible! |
|
|
Aug 18 2011, 03:38 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(qingweibuaya @ Aug 18 2011, 11:02 AM) = = hope it never fall to tat Can, why not? Gold up, EURO Zone battling with bad debt.QUOTE(t5t @ Aug 18 2011, 03:27 PM) If Euro zones cannot settle their debt, then below RM1.90 is possible! True, its just a beginning. More to come. Calm before the storm.. |
|
|
Aug 18 2011, 10:46 PM
|
|
Senior Member
1,653 posts Joined: Dec 2008 From: GUAM
|
QUOTE(zamans98 @ Aug 18 2011, 03:38 PM) Can, why not? Gold up, EURO Zone battling with bad debt. we are already in the storm True, its just a beginning. More to come. Calm before the storm.. |
|
|
Aug 18 2011, 10:48 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
Tml shopping time for DRB...
^^ |
|
|
Aug 18 2011, 10:55 PM
|
|
Senior Member
1,653 posts Joined: Dec 2008 From: GUAM
|
QUOTE(t5t @ Aug 18 2011, 10:48 PM) Tml shopping time for DRB... go go go push it back !! ^^ |
|
|
Aug 19 2011, 01:00 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
yes, tomolo time to buy. i start Q at 1.91
|
|
|
Aug 19 2011, 09:25 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(zamans98 @ Aug 19 2011, 01:00 AM) yes, tomolo time to buy. i start Q at 1.91 Lol... RM1.91?Hmm... Maybe next Monday can kena... |
|
|
Aug 19 2011, 10:27 PM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(t5t @ Aug 19 2011, 09:25 AM) Lol... RM1.91? how about 1.70? Hmm... Maybe next Monday can kena... |
|
|
Aug 19 2011, 11:15 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
QUOTE(yok70 @ Aug 19 2011, 10:27 PM) how about 1.70? how about 1.50 ? |
|
|
Aug 20 2011, 12:20 AM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(yok70 @ Aug 19 2011, 10:27 PM) how about 1.70? QUOTE(GregPG01 @ Aug 19 2011, 11:15 PM) how about 1.50 ? Never kena~ ^^ |
|
|
Aug 20 2011, 01:27 AM
|
|
Senior Member
1,653 posts Joined: Dec 2008 From: GUAM
|
u guys are evil wei =.=
dun pray it drop till so low =.= |
|
|
Aug 20 2011, 03:55 AM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(maggi @ Aug 20 2011, 01:27 AM) u guys are evil wei =.= i had a lot of it in my profile, and i'll buy more if it dips lower.dun pray it drop till so low =.= don't worry, just leave it there for another year or so, i am looking at a 50% gain in 1 year time. |
|
|
Aug 21 2011, 07:07 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(yok70 @ Aug 20 2011, 03:55 AM) i had a lot of it in my profile, and i'll buy more if it dips lower. Wow... You seem to be very confident with the world economy...don't worry, just leave it there for another year or so, i am looking at a 50% gain in 1 year time. ^^" |
|
|
Aug 22 2011, 05:39 AM
|
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
QUOTE(t5t @ Aug 21 2011, 07:07 PM) Wow... You seem to be very confident with the world economy... In fact I am. I think this year's slowdown makes perfect sense to me, after last year's high gear recovering. Current problem is market panic. If the panic continuous for a long time, that may seriously hurt the recovering process and create another round of fear and downside. For instance, the recent US default fear was totally ruled by politicians. They exaggerated and utilized the fear for political reason. If they all really do good to the country, I believe this fear won't happened at all. And S&P would not have any chance to downgrade the rating for US. At Europe side, I actually think the rejection of Euro zone bond is a good thing for long term. It helps to push Euro zone to ACTUALLY SOLVE THEIR PROBLEM IN REALITY INSTEAD OF IN DREAM. And it will also help decrease the seriousness of stringing the debt issue to entire Euro zone countries. As on DRB itself, I really think it's still highly undervalue. It should be trading at 14x I think, for so many profitable(and some defensive) businesses in hand.^^" Just my view though. Judge your own. This post has been edited by yok70: Aug 22 2011, 05:42 AM |
|
|
Aug 22 2011, 03:46 PM
|
|
Senior Member
905 posts Joined: Sep 2010
|
QUOTE(yok70 @ Aug 22 2011, 05:39 AM) In fact I am. I think this year's slowdown makes perfect sense to me, after last year's high gear recovering. Current problem is market panic. If the panic continuous for a long time, that may seriously hurt the recovering process and create another round of fear and downside. For instance, the recent US default fear was totally ruled by politicians. They exaggerated and utilized the fear for political reason. If they all really do good to the country, I believe this fear won't happened at all. And S&P would not have any chance to downgrade the rating for US. At Europe side, I actually think the rejection of Euro zone bond is a good thing for long term. It helps to push Euro zone to ACTUALLY SOLVE THEIR PROBLEM IN REALITY INSTEAD OF IN DREAM. And it will also help decrease the seriousness of stringing the debt issue to entire Euro zone countries. As on DRB itself, I really think it's still highly undervalue. It should be trading at 14x I think, for so many profitable(and some defensive) businesses in hand. Haha... You have your point there...Just my view though. Judge your own. I just hope world market can go up soon and not keep falling... It's so scary... It's like no bottom price~ Lol... |
|
|
Aug 22 2011, 05:32 PM
|
|
Senior Member
4,457 posts Joined: Jul 2005
|
agree, people keep say buy at discounted price but the price you buy today could be the highest 2 days later ...
|
|
|
Sep 13 2011, 12:52 AM
|
|
Senior Member
753 posts Joined: Dec 2008
|
QUOTE(Kinitos @ Jul 30 2011, 10:01 PM) Alright YOU admitted it. Let put this issues clearly for everyone in a way fair and favourable to YOU. YOU admitted that YOU wrote the shitty program and familiar with the shitty program that allow someone to out smart YOU. Bursa has use YOUR shitty program written by an idiot with half-past-six fact in good faith that ultimately someone smarter exploited to make money out of YOU. The facts remains that YOU unable to understand how that smart person can make such move based on the shitty program YOU wrote yourself. Whose fault is it now? YOU are accusing about thing that YOU had no proof or cannot proof. YOU are not sleeping. YOU are not dreaming. YOU are hallucinating that YOU lose money bcos someone is manipulating YOU YOU. YOU are hallucinating that YOU lose money bcos someone is controlling YOU YOU. YOU seriously need medical treatment to cure "lose money fatt lan jia" disease. QUOTE(yok70 @ Jul 31 2011, 09:21 PM) Would like you to know that our world still have good people with good heart. Not only losing money folks support losing money folks. I'm sure most of us here who feel angry on the price manipulation thing do not own any of the DRB warrant, same as myself. We are speaking it out because we look at our fellow investors as a whole family. We wish our family members being well and fairly treated by the authorities. yok70 - just ignore the insecure nerd that's hiding behind his laptop. In real life, he's probably just a mediocre nobody that's trying to act big in the cyberworld. Really pathetic.I feel sad for your situation. I hope you will find more happiness through a more open mind. You take care. |
|
|
Sep 22 2011, 01:41 PM
|
|
Senior Member
1,820 posts Joined: Jan 2003 From: KL/Singapore
|
this coutner lao sai like mad today.... wonder how low will it be again.
|
|
|
Sep 22 2011, 02:28 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(shanelai @ Sep 22 2011, 01:41 PM) this coutner lao sai like mad today.... wonder how low will it be again. I'm guessing at 1.80 before the support come in. |
|
|
Sep 22 2011, 03:08 PM
|
|
Senior Member
2,526 posts Joined: Feb 2011
|
Pulling up again.. Support at 1.93-5?
|
|
|
Dec 7 2011, 12:41 AM
|
Junior Member
276 posts Joined: Mar 2008
|
看看晚上的夜报，多元重工业（DRBHcom，1619，主板工业产品股）竞购国家汽车控股（Proton，5304，主板消费产品股，简称普腾） ，每股6元。
我们终于知道，普腾这几天为甚么涨得这么厉害了。 我对普腾认识不多，印象仍停留在2000-2005年那时股价总是在10令吉左右，和另一间姐妹公司国产车经销(EON) 同属高价股。 现金储备高 两者另一个相同之处是双双坐拥许多现金，不同的是国产车经销十年来一直致力于把公司利益发放回给股东，数十令吉落至除牌前的2令吉，虽然小股东还是觉得拿少很多，但至少有拿到。 反观普腾，当初令由吸引到我差点买入的原因是其高现金储备。在那普腾的黄金十年里，全国的新车可以说是由普腾垄断。数一数亲朋戚友，十个有八个都曾拥有普腾轿车。 不过，这公司也真奇怪，钱是赚很多，却也很会找生意来亏，例如， 04年用7千万欧元买了间欧洲摩多公司(MV AUGUSTA) ，05年再以一欧元卖掉它。还有，其烧钱的莲花跑车公司，不知还会烧掉几多，让我迟迟不敢买它。 也因此，我们看到它的现金从04年的30亿令吉，逐年减少到05年尾20亿、06年7亿、07-10年的10亿令吉左右，始终无法恢复昔日风采。 股价扬近100% 唯一多年不变的是每逢有风声传出它将会有股权变动，其股价便应声而起，并购却一直无法落实，活跃一番，就沉寂下来。今年九月的业绩尤其令人担心，半年小赚2千万令吉(每股3.7仙) ，公司净现金萎缩至约4亿。股价也即时反映，跌至3令吉以下。 很可能，普腾会和国产车经销有第三个共同点，就是共事一主。 国产车经销最终被多元重工业私有化，而多元重工业向来有兴趣普腾股权，并购建议也此起彼落，不曾消歇。所以，这次并购消息再适时流出，让普腾来个绝地大反攻，股价短短几天就起了约100%。 不晓得交易所会否提出UMA(不寻常交易活动) 询问（编按：交易所周二已发出UMA），再效尤丰升一样，屡劝不停就来个指定交易，让炒家无法得逞。 不过，相信多元重工业要收购的风声走漏，应该会快马加鞭，迅速出价，以免股价被有心人越捧越高。 当心价高市危 但是，到底多元重工业要买多少股权，我们不清楚，万一它效法收购大马邮政（Pos，4634，主板贸服组）一样，只是买32%，不全面收购，那么要投机的股民可要吃亏了。 因此，如果真有并购的话，交易所应该严查内线交易，追查风声来源，尽其监督机构的责任。 无论如何，普腾股价立竿见影，其认购凭单更是大起逾100%，让听消息者蠢蠢欲动。只是，当股价站上6令吉，还有人趋之若鹜吗？ 到时，股民自我催眠的情形又会重演，买者认为6令吉比其净资产9.80令折价太多，尚有投资价值，忘记了月前它只有2令吉60仙，价高市危，自己小心啦！ 陈金阙 专业财务规划师 Added on December 7, 2011, 12:41 amProton, DRB-Hicom active, up amid speculation of corporate exercise KUALA LUMPUR (Dec 6): PROTON HOLDINGS BHD [] and DRB-HICOM BHD [] shares were actively traded on Tuesday amid speculation that that a corporate exercise is in the offing, with DRB-Hicom emerging as the likely suitor. At 9.10am, Proton was up 27 sen to RM4.77 with 3 million shares done while DRB-Hicom added 10 sen to RM2.30 with 4 million shares traded. The Edge FinancialDaily reported today that businessman Tan Sri Syed Mokhtar Albukhary was understood to be in negotiations with Maybank Investment Bank (Maybank IB) to craft a deal in his bid to take control of national automaker Proton. Added on December 7, 2011, 10:19 pmProton says unaware of any corporate proposals PETALING JAYA: The rally in the share price of national automaker Proton Holdings Bhd that started last Thursday came to a halt yesterday, as its top management clarified to Bursa Malaysia that it is not aware of any reason for the unusual market activity in its shares. The national automaker’s share price fell 19 sen or 4.22% to close at RM4.31 yesterday, after trading within a wide range of RM4 to RM4.94 throughout the day. The stock started its upward surge last Thursday after rumours re-emerged that its largest shareholder Khazanah Nasional Bhd was inviting parties to bid for part or all of its stake in the group. The sovereign wealth fund holds 234.73 million shares or 42.74% of Proton’s issued and paid-up capital. “The board of directors of Proton wishes to clarify that after making due inquiry with the board of directors and major shareholders, the company is not aware of any reason for the unusual market activity in the shares of the company recently, and further, that there is no material corporate development not previously disclosed,” the group said yesterday. Trading in the stock was halted for one hour, from 10.20am to 11.20am, for the announcement. The stock price surged by more than 45% in just four trading days from last Thursday to yesterday, as rumours of a potential sale, which periodically make the rounds, re-emerged. Quoting sources, The Edge weekly reported at the weekend that Khazanah has sent out feelers and approached several automotive industry players to ask them for business plans for Proton if they were keen to take up the investment fund’s stake in the group. According to the report, the automotive players approached include Sime Darby Bhd’s motor division, Hyundai Berjaya Sdn Bhd, UMW Holdings Bhd, the Naza Group and DRB-Hicom Bhd. However, only DRB-Hicom indicated any interest in acquiring the stake, the report said. DRB-Hicom has in the past tried to acquire a substantial stake in Proton. In 2009, the conglomerate submitted a bid to buy 32% of Proton, but the deal failed to materialise without any concrete reasons given. DRB-Hicom, which is 56% owned by tycoon Tan Sri Syed Mokhtar Al-Bukhary through his investment vehicle Etika Strategi Sdn Bhd, has recently stated that it will bank on mergers and acquisitions to fuel future growth. During a press conference after its AGM in September, DRB-Hicom managing director Datuk Seri Mohamed Khamil Jamil said the company embarked on a five-year business development plan in 2006 to stabilise, rationalise and grow the group’s businesses. These include the assembling and distribution of passenger cars and other automotive businesses, financial services through Bank Muamalat Malaysia Bhd, and snail mail services through its 32.2% stake in Pos Malaysia. He said DRB-Hicom will raise about RM1.7 billion for capital expenditure as the group enters the second phase of its development plan. This may include acquiring stakes or other corporate proposals, as the group seeks to expand its businesses through mergers and acquisitions. Added on December 8, 2011, 11:28 amGeneral Motors Co has begun talks with Proton Holdings Bhd, Malaysia’s biggest automaker, to form a manufacturing venture in the Southeast Asian country, according to two people familiar with the matter. The discussions revive negotiations that were scrapped in 2007, said the people, who asked not to be identified because the talks are confidential. The talks are preliminary and may not lead to an agreement, they said. For GM, an agreement would help the Detroit-based carmaker expand manufacturing of cars for Southeast Asia beyond Thailand, where the country is reeling from its worst floods in almost 70 years. A deal may allow Proton, which has held unsuccessful alliance talks with Volkswagen AG and Peugeot SA, to gain access to GM technology that could help the Malaysian carmaker boost sales overseas. Klaus-Peter Martin, a GM spokesman in Detroit, declined to comment. Izad Raya, head of group communications at Proton, which owns sports-car maker Lotus Group International Ltd, said the company doesn’t comment on speculation. GM isn’t interested in buying the controlling 43 per cent stake in Proton held by Malaysian sovereign wealth fund Khazanah Nasional Bhd, the people said. Proton shares jumped 45 per cent over two days on Dec 5 after the Edge reported the state-owned asset manager was preparing to auction its holdings. Auto and property group DRB-Hicom Bhd, Naza Group and Proton chairman Mohd Nadzmi Mohd Salleh submitted separate bids to Khazanah for Proton, Malaysia’s The New Straits Times newspaper reported this week, without saying where they obtained the information. -- Bloomberg Read more: GM said to revive talks with Proton http://www.btimes.com.my/Current_News/BTIM...l#ixzz1fu9s9vPZ Added on December 9, 2011, 12:35 amDRB-Hicom, SAAB ink strategic partnership in defence and aerospace Written by Syarina Hyzah Zakaria of theedgemalaysia.com Thursday, 08 December 2011 18:43 KUALA LUMPUR (Dec 8): DRB-HICOM BHD [] and SAAB AB of Sweden have signed an agreement to collaborate and supply Airborne Early Warning and Control System (AEWC) for the Royal Malaysian Air Force. In a statement Thursday, DRB-Hicom said the integration of SAAB's Eyerie Radar and the incorporation of the "Eye in the Sky" would provide significant data link to the Royal Malaysian Navy and Malaysian Maritime Enforcement Agency. The AEWC system will enable the government to enhance its airspace and maritime awareness, it said. “The ability to detect, track and monitor territorial and international domain in combating piracy, smuggling, illegal fishing and terrorism within and around Malaysian borders will also be enhanced. “The collaboration aims to strengthen current expertise in terms of competencies in project management, system engineering and supply chain management,” it said. DRB-Hicom said it would provide a significant local involvement in the entire project cycle, starting from production to testing and eventually to support AEWC operations. The company said the agreement was a major step taken towards upgrading Malaysia's defence aviation technologies and capabilities, specifically in areas of Aeronautics System Integration and Command & Control, it added. http://www.theedgemalaysia.com/business-ne...-aerospace.html Added on December 10, 2011, 12:25 amDRB-Hicom not eyeing Proton Written by Financial Daily Friday, 09 December 2011 12:20 KUALA LUMPUR: DRB-Hicom Bhd has denied a newspaper report that it is looking to secure a substantial stake in Proton Holdings Bhd, and would divest part of the stake to Volkswagen AG. “In this regard, we wish to inform Bursa Malaysia that the company is not aware of the source and the basis of the article,” it said in a filing with Bursa yesterday. This article appeared in The Edge Financial Daily, December 9, 2011. http://www.theedgemalaysia.com/in-the-fina...ing-proton.html This post has been edited by snowbreeze: Dec 10 2011, 12:25 AM |
|
|
Jan 31 2012, 02:51 PM
|
Junior Member
132 posts Joined: Oct 2011
|
RHB raise target price for DRB-Hicom to RM3.45. DRB-Hicom will do better with Proton?
http://klse.i3investor.com/servlets/stk/1619.jsp |
|
|
Feb 2 2012, 05:28 PM
|
|
Senior Member
1,653 posts Joined: Dec 2008 From: GUAM
|
want to ask share like DRB got many "children" is it a good thing to invest on this children company ?
Assume that the principal co is strong ... |
|
|
Mar 13 2012, 01:27 AM
|
Senior Member
1,276 posts Joined: Mar 2005 From: PJ
|
Any old timers know what was DRB-HICOM IPO price? Parents have some from years back untouched but can't remember the price.. Lol
|
|
|
Mar 13 2012, 01:32 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(tineagle @ Mar 13 2012, 01:27 AM) Any old timers know what was DRB-HICOM IPO price? Parents have some from years back untouched but can't remember the price.. Lol I think it was RM 1.00 each. |
|
|
Mar 16 2012, 09:11 PM
|
|
Junior Member
196 posts Joined: Nov 2008
|
Nadzmi Salleh Leaves Proton
KUALA LUMPUR, March 16 (Bernama) -- Datuk Seri Mohd Nadzmi Mohd Salleh has resigned as Proton Holdings Bhd Chairman and Director with immediate effect. In a filing to Bursa Malaysia Friday, the national auto maker said his resignation was part of a term stipulated in the sales and purchase agreement (SSPA) between Khazanah Nasional Bhd and DRB-Hicom Bhd. "We wish to highlight that the resignation of Nadzmi as the chairman of the board of Proton and all other appointments by virtue of his position as director, is part of the terms of the SSPA," Proton said. Nadzmi, 57, nominated by Khazanah, was appointed Proton Chairman on Jan 1, 2009 and was also chairman of the boards of various subsidiaries within the Proton group of companies. He previously served the national car company as its Managing Director between 1993 and 1996. -- BERNAMA http://www.bernama.com/bernama/v6/newsbusiness.php?id=652813 DRBHICOM starting the show already? |
|
|
Mar 19 2012, 01:19 PM
|
Junior Member
488 posts Joined: May 2009 From: damansara
|
of vw comes in,difinitely drb do better for sure..but we do not know.
proton always uses power to lure those malays(sorry,no racial issue ya) but no quality.thats y chinese all move away from proton and say it cheap..hope drb ceo understand why ppl say proton cheap and correct the problem. |
|
|
Mar 21 2012, 11:31 PM
|
Newbie
4 posts Joined: Feb 2012 From: Puchong
|
when this drb want to finish correction? wait more than 1 month oledi. can finish oxygen like this.
|
|
|
Aug 15 2012, 01:27 PM
|
Junior Member
273 posts Joined: Jul 2006 From: Kuala Lumpur
|
Why buy?
Owns Glenmarie, and tonnes of land bank (including Proton's landbank currently) Owns brands such as Honda, Lotus, Suzuki, Audi, Proton, Volkswagen, and currently is the biggest automotive manufacturer in Malaysia One of the biggest defense contractors in Malaysia, with SAAB JV havent been announced yet The cheapest priced, biggest conglomerate in Malaysia currently. Have a lot of smart people working on their board of directors Financials and books look great (don't ask me how i know) Dividends expected to be announced this month (Aug 2012) Current trading at prices lower than before Proton deal was completed (previous high of RM3.30, now trading at 2.55 ::: as at 15/8/2012) P/E of below 4 |
|
|
Aug 15 2012, 02:02 PM
|
|
Junior Member
170 posts Joined: Apr 2011
|
QUOTE(crashbandicoot @ Aug 15 2012, 01:27 PM) Why buy? any proof?Owns Glenmarie, and tonnes of land bank (including Proton's landbank currently) Owns brands such as Honda, Lotus, Suzuki, Audi, Proton, Volkswagen, and currently is the biggest automotive manufacturer in Malaysia One of the biggest defense contractors in Malaysia, with SAAB JV havent been announced yet The cheapest priced, biggest conglomerate in Malaysia currently. Have a lot of smart people working on their board of directors Financials and books look great (don't ask me how i know) Dividends expected to be announced this month (Aug 2012) Current trading at prices lower than before Proton deal was completed (previous high of RM3.30, now trading at 2.55 ::: as at 15/8/2012) P/E of below 4 |
|
|
Aug 16 2012, 10:23 AM
|
|
Junior Member
273 posts Joined: Jul 2006 From: Kuala Lumpur
|
Currently, selling Uni Asia is just side show, while they prep up for the biggest move, since DRB ate PROTON.
This time, to relocate assembly to Tanjung Malim plant (as evident in pumping RM1 billion to develop Proton City) Then only can develop current landbank owned by Proton in Glenmarie. Estimated GDV should be more than RM10 billion. |
|
|
Aug 16 2012, 02:28 PM
|
|
Junior Member
170 posts Joined: Apr 2011
|
QUOTE(crashbandicoot @ Aug 16 2012, 10:23 AM) Currently, selling Uni Asia is just side show, while they prep up for the biggest move, since DRB ate PROTON. Do u know when is their 1Q FY2012/2013 result? This time, to relocate assembly to Tanjung Malim plant (as evident in pumping RM1 billion to develop Proton City) Then only can develop current landbank owned by Proton in Glenmarie. Estimated GDV should be more than RM10 billion. Any dividen will be given? Added on August 17, 2012, 11:46 amThank you crashbandicoot. its up already. bought it at 2.55.. i think investors are now waiting DRB financial result and their good news. This post has been edited by snake_eye: Aug 17 2012, 11:46 AM |
|
|
Aug 21 2012, 04:13 PM
|
All Stars
17,100 posts Joined: Mar 2005
|
last friday was a good trading day for DRB as the volume increased alot. hope there were large players entered into it. wednesday should be an interesting day for DRB.
|
|
|
Aug 21 2012, 10:13 PM
|
|
Junior Member
595 posts Joined: Oct 2011
|
(Reuters) - Volkswagen (VOWG_p.DE) labor representatives would not back any further acquisitions by the carmaker, especially of Malaysian firm Proton PROT.KL, the works council chief told a German newspaper.
Europe's largest carmaker is considering either a minority holding in Proton, the owner of UK sports-car manufacturer Lotus, or a controlling stake to tap demand in growing southeast Asian markets, sources told Reuters in July. VW, which surpassed Toyota (7203.T) last year to become the world's second-biggest car maker, has been scooping up brands including Scania (SCVb.ST), MAN (MANG.DE), Porsche (PSHG_p.DE) and Ducati in recent years as part of an effort to overtake General Motors (GM.N) at the top of the industry by 2018. "We already have 12 brands and we first have to stabilize the group," Bernd Osterloh told Handelsblatt in an interview to be published in the paper's Monday edition. "Even though further sales and production sites in south-east Asia are important, there is no support from the labor side for a purchase of Proton." (Reporting by Victoria Bryan; Editing by Susan Fenton) |
|
|
Aug 28 2012, 12:02 AM
|
|
Junior Member
170 posts Joined: Apr 2011
|
today financial year statement release..
is it a good sign?even revenue is high but the profit is too low compare last year.. no dividen was announced.. |
|
|
Aug 28 2012, 08:23 AM
|
Senior Member
2,020 posts Joined: Oct 2006
|
QUOTE(snake_eye @ Aug 28 2012, 12:02 AM) today financial year statement release.. no dividend ? That is bad news. is it a good sign?even revenue is high but the profit is too low compare last year.. no dividen was announced.. |
|
|
Aug 28 2012, 05:52 PM
|
|
Junior Member
170 posts Joined: Apr 2011
|
but the dividen for previous quarter FY is not announce yet..
|
|
|
Aug 28 2012, 08:21 PM
|
Junior Member
120 posts Joined: Aug 2010 From: Bangsar
|
4 cents dividend announced...
|
|
|
Aug 29 2012, 01:34 AM
|
|
Junior Member
170 posts Joined: Apr 2011
|
just nice..mostly invesment bank target are >RM3.50..
no worry to hold this counter.. |
|
|
Aug 29 2012, 08:40 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
It has been so quiet for too long. Thinly traded. Looks like a bloody fool side watching klse .... sigh
|
|
|
Aug 30 2012, 10:23 AM
|
Junior Member
201 posts Joined: Jul 2012
|
DRB spent too much money acquiring Proton , but this will be a very good long term investments , considering Proton have a lot of assets
|
|
|
Aug 30 2012, 11:47 AM
|
|
Senior Member
786 posts Joined: May 2011
|
QUOTE(5w4tch @ Aug 30 2012, 10:23 AM) DRB spent too much money acquiring Proton , but this will be a very good long term investments , considering Proton have a lot of assets but DRB got good amt of -ve goodwill too. They got more than what they paid. |
|
|
Aug 30 2012, 01:43 PM
|
|
Junior Member
201 posts Joined: Jul 2012
|
QUOTE(nasT @ Aug 30 2012, 11:47 AM) but DRB got good amt of -ve goodwill too. They got more than what they paid. Yep , I think they have big plans with Proton ( maybe use Proton infrastructure to assemble cars like VW & Lotus ? ) |
|
|
Sep 12 2012, 10:22 PM
|
|
Junior Member
170 posts Joined: Apr 2011
|
EPF buying a lot this counter this month..any positiv news for this bajet??
????????? |
|
|
Dec 29 2012, 01:06 AM
|
Senior Member
934 posts Joined: Sep 2005
|
Any news on drb? Volume increased these few days
|
|
|
Dec 29 2012, 10:38 PM
|
|
Senior Member
786 posts Joined: May 2011
|
next candidate for privatisation..?
|
|
|
Jan 7 2013, 09:49 PM
|
Junior Member
491 posts Joined: Jan 2005
|
I am skeptical of DRBhicom taking over of Proton. As for the intended cooperation with Honda, nothing concrete was announced at all. It's not the norm for Honda to work with other car manufacturer. Can't recall Honda ever worked with or transfer tech to any other car manufacturer globally. In terms of fuel efficient technology Honda is way ahead of other car manufacturer. Why should they transfer their tech to Proton? Previous experience with Mitsubishi, another Japanese brand for 30 years was not a lesson well learnt. For Drbhicom being an assembler is another ball game from being a quality manufacturer through Proton. For one public opinion of Proton is very low negativity. And to uplift this confidence needs tremendous effort including throwing freebies and years of warranty. Will Proton brand really worked first in the local market and then internationally or because of Proton, DRBhicom will eventually collapsed under the weight of the acquisition. Already RM1 bill of loans are due and payable in 2013. Firesale of DRBhicom non core businesses are ongoing to pay for the acquisition. The question is, is DRBHicom using its resources efficiently or is it using shareholders good money chasing after a bad investment forced into them by the Government.
|
|
|
Jan 8 2013, 12:10 AM
|
|
Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
|
QUOTE(alenac @ Jan 7 2013, 09:49 PM) I am skeptical of DRBhicom taking over of Proton. As for the intended cooperation with Honda, nothing concrete was announced at all. It's not the norm for Honda to work with other car manufacturer. Can't recall Honda ever worked with or transfer tech to any other car manufacturer globally. In terms of fuel efficient technology Honda is way ahead of other car manufacturer. Why should they transfer their tech to Proton? Previous experience with Mitsubishi, another Japanese brand for 30 years was not a lesson well learnt. For Drbhicom being an assembler is another ball game from being a quality manufacturer through Proton. For one public opinion of Proton is very low negativity. And to uplift this confidence needs tremendous effort including throwing freebies and years of warranty. Will Proton brand really worked first in the local market and then internationally or because of Proton, DRBhicom will eventually collapsed under the weight of the acquisition. Already RM1 bill of loans are due and payable in 2013. Firesale of DRBhicom non core businesses are ongoing to pay for the acquisition. The question is, is DRBHicom using its resources efficiently or is it using shareholders good money chasing after a bad investment forced into them by the Government. maybe should start looking at proton shah alam area land banks ..... the land around that area is huge with capital appreciation (in book) will help to clear some debts kua..... |
|
|
Jan 8 2013, 08:33 PM
|
|
Junior Member
491 posts Joined: Jan 2005
|
Agreed there are value to its land in Shah Alam, but it's used as a manufacturing plant at the moment. We are not talking about asset stripping of Proton but about it's viability and the ability of DRBhicom to transform Proton to an international brand without superior technology. Anyway, DRBhicom denied it will be shifting all manufacturing to Proton city.
http://biz.thestar.com.my/news/story.asp?f...28&sec=business |
|
|
Jan 8 2013, 10:18 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
tv7 news at 8pm today.
1. shah alam man plant will not be moved to tg malim. 2. coo stated to revamp lotus for positive return. 3. dr m was seen at guving good words to support drb and proton. 4. pm stated our klse ci will hit 1700 tis or next week. |
|
|
Jan 9 2013, 04:44 PM
|
|
Junior Member
491 posts Joined: Jan 2005
|
Yes, Proton still used all the land in Shah Alam, so it's locked for plant utilization. As to revamp of Lotus, this is not the first time, during the last CEO and before that there were several revamps all down the drain. Don't put your hope, all more talk no positive results. Every car launched you see the Oldman there but Proton cars just can't sell well. The reason is obvious. When you expounded "kulitfication" as life time philosophy and ignore meritocracy, what do you get? You produce in quantity but no quality. So the market is at all time high, take the opportunity if possible for trading buys(hit and Run) but not for long term in DRBhicom
Latest DRBhicom to be taken private and proposed Asian Car rebadged of VW model, and no mentioned of Proton. Dead and buried? http://www.theedgemalaysia.com/business-ne...ar-project.html This post has been edited by alenac: Jan 9 2013, 05:13 PM |
|
|
Jan 10 2013, 12:27 AM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
proton will not die off as it feeds over 400 vendors as i waz told by my professors. yes, it seems like a dying corporation in biz perspective but with that orang tua around who knows what will happen to proton? anyway i hope proton and drb live on for so many reasons .... even with the threat of afta i hope this local sucker can survive. but biz wise it looks absolutely future-less. lol
|
|
|
Jan 10 2013, 01:59 PM
|
|
Senior Member
1,132 posts Joined: Nov 2006
|
http://biz.thestar.com.my/news/story.asp?f...49&sec=business
KUALA LUMPUR: Shares of DRB-Hicom Bhd advanced on Thursday, underpinned by reports of a possible privatisation of the group with CIMB Equities Research expecting such a move would unlock immediate value. At 10am, it was up 10 sen to RM2.73 with 9.95 million shares done. Its call warrants, DRB-Hicom-CQ added 1.5 sen to 19 sen, and DRB-Hicom-CL 3.5 sen higher at 20 sen but DRB-Hicom-CR shed 0.5 sen to 19.5 sen. so... does it sound true? |
|
|
Jan 10 2013, 05:00 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
nope. things are not THAT rosy. proper investors would not get near the call warrants, altho i do sometimes speculate for not more than 1/2 hour. lol.
|
|
|
Jan 10 2013, 05:25 PM
|
|
Junior Member
26 posts Joined: Dec 2012
|
"However, Wong said at the stock's current price, DRB-Hicom is still a "severely-undervalued counter". This compares to its
latest reported net assets per share of RM3.27" quoted from theedge |
|
|
Jan 11 2013, 12:45 AM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
agree. nav > current price. please refer to table on first page of attachment.
Attached File(s) 
DRBHicom_CIMB.pdf ( 437.13k )
Number of downloads: 37 |
|
|
Jan 11 2013, 03:40 PM
|
|
Junior Member
491 posts Joined: Jan 2005
|
Please do not looked at NAV. There r many counters in KLSE which r below NAV. Looked at individual asset and what's management plans on the asset. Then looked at overall strength of the company.
Latest in the Star, CEO dismissed privatization plan. Latest: Proton seen losing market share to Toyota in 2013. http://www.theedgemalaysia.com/business-ne...-pressure-.html This post has been edited by alenac: Jan 15 2013, 11:17 PM |
|
|
Jan 15 2013, 11:55 PM
|
|
Junior Member
98 posts Joined: Dec 2012
|
Plzzz up up to 2.95. hopefully can get ang pow b4 cny..
|
|
|
Jan 16 2013, 12:15 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(mikehwy @ Jan 10 2013, 12:27 AM) proton will not die off as it feeds over 400 vendors as i waz told by my professors. yes, it seems like a dying corporation in biz perspective but with that orang tua around who knows what will happen to proton? anyway i hope proton and drb live on for so many reasons .... even with the threat of afta i hope this local sucker can survive. but biz wise it looks absolutely future-less. lol is that so? its business, and its a cut-throat situation. Your professor is so wrong, take a look at the auto industry in UK. To survive, one must branch out to other businesses. we are not doing a charity work here, its simply business. Proton MUST go. Enough said, and this PROTON is the reasons of us cannot afford a good quality car and changes in so many law just to protect the underperformed PROTON. And yea, before Saga, cars are cheap. Come Saga, we are doomed. |
|
|
Jan 16 2013, 06:40 PM
|
|
Junior Member
491 posts Joined: Jan 2005
|
DrbHicom CEO selling Optimism for Proton. All big feel good figures .......any substance?
http://www.thesundaily.my/news/589718 If we analysed the CEO optimistic production targets, he sounds more like producing rebadged VW than proton. If that is the case then turning the "Asian (VW) car" as mass market model may worked. If using VW outdated or previous generation technology may end in disappointment. "In reaching our 500,000 (annual) target, our emphasis will have to include the export market," its executive chairman Datuk Seri Mohd Khamil Jamil (pix) told reporters during DRB-Hicom Bhd media get-together and drive to Tanjung Piai, Johor over the weekend. The national car maker expects exports to account for 20% of the total production by then. No car assembler and manufacturer in Malaysia has ever exported up to 100000 units per annum. Perodua at around 10000 per annum at most. And to produce and sell locally 400000 units per year while the current market consumed only slightly more than 600000 units is rather ambitious. The Proton vehicles must cornered at least 50% to 60% market share 5 years later. Is the CEO a bullshitter? This post has been edited by alenac: Jan 16 2013, 10:42 PM |
|
|
Jan 16 2013, 10:52 PM
|
|
Junior Member
98 posts Joined: Dec 2012
|
QUOTE(alenac @ Jan 16 2013, 06:40 PM) DrbHicom CEO selling Optimism for Proton. All big feel good figures .......any substance? http://www.thesundaily.my/news/589718 If we analysed the CEO optimistic production targets, he sounds more like producing rebadged VW than proton. If that is the case then turning the "Asian (VW) car" as mass market model may worked. If using VW outdated or previous generation technology may end in disappointment. "In reaching our 500,000 (annual) target, our emphasis will have to include the export market," its executive chairman Datuk Seri Mohd Khamil Jamil (pix) told reporters during DRB-Hicom Bhd media get-together and drive to Tanjung Piai, Johor over the weekend. The national car maker expects exports to account for 20% of the total production by then. No car assembler and manufacturer in Malaysia has ever exported up to 100000 units per annum. Perodua at around 10000 per annum at most. And to produce and sell locally 400000 units per year while the current market consumed only slightly more than 600000 units is rather ambitious. The Proton vehicles must cornered at least 50% to 60% market share 5 years later. Is the CEO a bullshitter? |
|
|
Jan 17 2013, 12:22 PM
|
|
Junior Member
93 posts Joined: Aug 2010
|
- It is reported in the media today that DRB Hicom's (DRB) CEO Datuk Seri Mohd Khamil had hinted that the group would be active in corporate exercises this year as the group seeks to improve its bottom line and reduce gearing. Nonetheless, he stopped short of indicating which part of DRB's business would be involved. That aside, the group is targeting the divestment of its stake in UniAsia by 4Q2013. As far as the divestment of Bank Muamalat is concerned, there have been discussions with Affin Bank and there have also been interests from two more parties. - Looking at its businesses, we find that the group could unlock a sizeable value from its property division given the assets in hand. It has a remaining GDV of RM11bil with key assets coming from Glenmarie Heights (1,500 acres at GDV of RM8bil) in Iskandar Malaysia and also the Jalan Tun Razak (opposite IJN) development worth RM900mil accounting for 50% and 20% of its residential development market value. - We are not ruling out a possible spin-off of its property arm especially given the robust interest in Iskandar Malaysia currently. Recall there has been slew of land deals in Iskandar over the past few months involving Mah Sing and WCT and several high-net worth investors. In fact, Tan Sri Lim Kang Khoo's Iskandar Waterfront Holdings (IWH) has been in the news for a possible listing with an angle of second play into Iskandar Malaysia. - DRB's property division accounts for about 22% - including its investment properties and hotel and resorts - of our SOP value of RM10.7bil for DRB Hicom, albeit at a conservative average selling price assumption. - From a valuation standpoint, DRB is currently trading at an attractive CY13 PE of 9x versus its conglomerate peers of 17x. It is also trading at a steep discount of 37% to its SOP value. - We believe there will be strong interests for the stock in the near term given the expected strong newsflow with the general election around the corner. - We maintain our BUY rating on DRB Hicom at RM3.80/share. Source: AmeSecurities |
|
|
Jan 17 2013, 09:12 PM
|
|
Junior Member
491 posts Joined: Jan 2005
|
Whatever earned from Property and Military contracts to cross subsidy Proton ever hungry CAPEX. CAPEX could be around RM500 mill for each new model. CEO indicated probably 3 or 4 models within 5 years. That is provided the property can really sell for the next 3 years. Remember too, that not all DRB properties to be developed are in prime areas. In other words, the momentum of sales for each project vary, so too will the profit and cashflow. .
But for 2013, experts have forecast sluggish demands for property in Malaysia and consistent with the chinese Lunar year of the water snake, property sector will lag other sectors such as O&G , Transportation etc. Thus, consumers will not put their money in properties as much as previously. Moreover UBS Investment reported that 2013 property developers will focus more on affordable housing, meaning low profit housing projects DRBhicom gearing expected to further increased with 270 mill pound sterling to be fully released to support a turnover plan for Lotus. (at least RM1.4 billion) The loan to manufacture and sell at least 2000 cars per year. "On Lotus, he said Proton was currently talking to the consortium of bankers to release the remainder of the £270mil syndicated loan given to the UK-based carmaker." http://www.star-motoring.com/News/2013/Go-...roton-told.aspx Update: UBS on prospect In the Malaysian Property market. The research house pointed out that the high-end property sales in Malaysia were sluggish while the mid- to low-end markets (RM500,00 to RM1mil) sales proved resilient. Sales of high-end landed property and premium condominiums were weaker. “In our view, all the developers will be able to sustain sales momentum from 2012 into 2013 as they shift to more affordable housing units,” said UBS. http://biz.thestar.com.my/news/story.asp?f...65&sec=business Stalenews on additional income stream, probably assembly for VW cars. But no details of how much profit can be obtained from assembly. http://www.themalaysianinsider.com/busines...ival-says-dr-m/ This post has been edited by alenac: Feb 15 2013, 10:45 AM |
|
|
Jul 12 2013, 10:20 PM
|
Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
|
DRB-Hicom buys CTRM from Minister of Finance Inc for RM298m
DRB-Hicom Bhd is buying a controlling 96.87% stake in aerospace component manufacturer Composites Technology Research Malaysia Sdn Bhd (CTRM) from the Minister of Finance Inc (MOF) for RM298.26 million cash. In a statement to the exchange, DRB-Hicom said the proposed acquisition price comprises RM122.06 million for the stake and RM176.2 million worth of outstanding loan owed by CTRM to the Malaysian government. |
|
|
Aug 27 2013, 06:13 PM
|
|
Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
|
Final gross dividend of 0.5 sen per share, less taxation of 25% and
a tax exempt dividend of 4.0 sen per share EX-date 23/09/2013 Entitlement date 25/09/2013 Payment date 18/10/2013 |
|
|
Aug 27 2013, 08:49 PM
|
All Stars
17,875 posts Joined: Jan 2005
|
QUOTE(davinz18 @ Aug 27 2013, 06:13 PM) Final gross dividend of 0.5 sen per share, less taxation of 25% and Good dividend but too bad, timing not so good.a tax exempt dividend of 4.0 sen per share EX-date 23/09/2013 Entitlement date 25/09/2013 Payment date 18/10/2013 |
| Change to: |  0.2310sec
 1.05
 6 queries
 GZIP Disabled
Time is now: 21st December 2025 - 03:44 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.