T4 today coming for 5th june 2017...

0.40 next

breaking new resistance on forming new price....T1 tomorrow charging forward

tomorrow surely will plunge bottom...ready to buy low again...

T4 coming tomorrow...better take profit for those traders!!

Oil jumps on Mideast tensions, London attacks hurt sterling; stocks subdued,,,trade with cautious

With EPF emerged into more purchases from current holdings signify a very promising & unchartered boundry...

Ride on fellow friends and comrades...Next week is gonna be unstoppable...

I guess the price will appreciate more in tandem with the finalised agreement which will be sign by both party as agreed via earlier MOU..RM2 is possible considering proton is already free from continuous burden for DRB..Apart from that DRB is continuing to spearhead into more profit driven by other related company..The current price doesnt reflect the true intrinsic value.Time will tell until DRB will propel into new heights!!

hari Raya aidilfitri is coming.....will witness a new value for DRB...

most likely price will head towards RM2.00 before the definitive agreement signing...ride on DRB...DRB will propelled into a new frontier with its new flagship of strategic FSP...

no volume la bother....once QR released later then another price will trigger sell....expected to reach bottom soon

as expected...trading 0.07 to 0.075 now...its a downtrend signal...expected QR today released...be wary guys!!

Adam cutie no material development is the same as non MOU sealed..

Means nothing la bro....just like today i ciakap i mau kawin sama u....then hujung bulan i x jadi kahwin....duit hantaran khemah kad jemputan semua sudah tempah...you rasa apa sudah jadi?

Why SC could allowed such company to mislead the public with this announcement...earlier this month it released the same news but today it deny...

http://www.malaysiastock.biz/Company-Announcement.aspx?id=976036

Monday free fall....

http://www.malaysiastock.biz/Company-Announcement.aspx?id=976043

next week we are entering a slow market movement as fund managers will be away for long holiday..school holidays...trade cautiously...

i told you already...now 0.075....damn

looks at netx its now trading at 0.065...pump & dump...movement is all by news driven nothing valid...if you read carefully on the published news on BURSA on MNC you will understand why i will expect QR loss...all the best guys...Im out from MNC

seems that with the PP & QR expected to be announce later or by monday i assumed this time its loss

as predicted something is not right...

i dont feel good about this...seems that QR is losses...looking into dumping transactions its a definite loss..damn

expecting QR to released either today or tomorrow...seems like its like bleeding again....damn

http://www.thestar.com.my/news/world/2017/05/23/china-urges-north-korea-to-not-violate-un-resolutions-again/

Whoever party be it from geely or PSA will definetely conduct a due diligence on DRB offered pricing before entering conditional sales agreement.If the pricing is suitable then a decision between both party will sealed.Looking into DRB losses YOY basis & upcoming QR to be released expected DRB will incurred another hefty losses again.

Geely & PSA will not purchased DRB with hefty sums considering the staggering debt proton is accumulating..Its must be a competitive price witj fair value to its new share holders..

Its a 50 50 situation....if govt inject new fresh fund 0f 1.7 billion it will eventually set off its losses of 1.3 billion leaving nett profit of 400million...And its another new debt proton owing to govt...Now we have 2 probability

1.Upon fund inject into DRB govt will secured either both party geely or PSA to be strategic key partner for future developments

2.Issuance of New RI just like what MRCB did....& adjustment of share value with increased of new share issuance..

Prove to me which counter in bursa price of share will move upwards upon RI?calvin oh calvin....alahai

All of those public.funds is being duped into this worthless piece of junk shares...EPF is misleading our funds into this piece of disaster

All indicators be it on technical is already broken and exited from the bollinger bands support line...this RI is surely a trap

Those CW is nearing expiry date & mostly will be out of the money...in fact as at today it is worthless....

Just a recap...if a company is full of project but with huge debt & required funding RI is the only way out...In returns company shares will definetely increased upon raising RI...the only way to make the pricing attractive is to reduce downwards share value to its stake holders for them to fully subscribe...20% discount is a huge pricing compared to 5 days average price...Now how do those operator will inflates the price if no of shares is increased?There is no logic on price increased in near term....For those who buy CW...its better to cut loss tomorrow or never....This RI will make your days miserables..

Rumors is picking up that Trump might be ousted by the Republican on the dismissal of the CIA chief which leaked on many information during Trump pre campaign as POTUS..

http://www.cnbc.com/2017/05/17/investors-need-to-be-prepared-for-a-10-to-20-percent-correction-commentary.html

Brace for another major fall again tomorrow...europe & djia is now in a euphoria with index bleeding again!Is this another major correction....?Sell on May effect is likely to start now with bigger snowball effect...Damn i managed to cut loss too today...just cant believed how MRCB screwed all of the public money...

on hourly chart bollinger band shows that it have break it lower trend line....this is really bad...

bleeding...

The issue price for the rights issue and the exercise price for the warrants will be determined at a later date based on a discount of not less than 20% and a premium of not less than 20% to the theoretical ex-rights price respectively.

nigel that was before RI announcement...now after RI shares will be flooded with more selling pressures as pricing will be readjust to suit newly RI...all CW now are heavily bleeding...damn mrcb

Hopefully my view is wrong...most of the time RI will be a hindrance of price increased...damn..

OMG this dont look good...When RI is used it will enlarged its current total shares outstanding with increased no of shares..Price will deflated upon RI...die

coming now

Why price keep on falling?

With djia & other europe index trading at +ve sign ahead of Trump speeches...i guess tomorrow MRCB will ignite massive buying interest tomorrow...it is hovering just below the SMA line on the morning session but later managed to cross above SMA line..RSI is pointing upward directions with Elliot Wave forming the 5th wave on upward momentum....Trendline is still at the upperband on BB indicator!!

Most probably buying range between 70 to 85% transactions!!

Feel good factor..with trump pre speeches ahead all regional index is now +ve.AT timing on PP whichj is tomorrow will spark interest on heavy buying volume crossing above 1million mark.

its just peculiar why MRCB is not moving forward as job in hand is intact.with the status developer as TOD price is not moving forward as compared to Malton with no precise project in hand...