what an embarrassment for IPO to tank like that on the 1st day

breakout buy signal ?

Prelude to good qtr result plus announcement of strategic partner ?

@yizzy ... DRBc22 expiring 17 Feb and DRDc23 expiring 28 Feb this month

riding on the tech stock run up perhaps or transfer to Main Board coming very soon ?

trying to shake out weak holders during the sell down and make them chase when it hit 0.60 ...

Looks like breakout buy signal was real ... haha I was right ..... lucky

so when analyst tell u to sell ... u BUY ??

Mohd Fahmu Bin Jaes only know how to spam every other counter with the word SELL ....

breakout buy signal .... ?

Breakout buy signal ... still cheap at 0.51 after all IPO price 0.50

Looks like heading back to IPO price ....

consolidation for the next wave up .....

Heard BFM Morning grill this morning with their Group CEO sounds convincing and good, macam boleh ... PE8x.

Just like weather outside .... heavy rain again, affecting the Hibiscus flower bloom again

Hibiscus flower is blooming again after heavy rain for the past few days ....

Panic buying for those who sold at 0.48 ? Brave souls who bought at 0.48 ... well done

Panic buy ?

Massive selling ...breach 0.50

Profit taking is healthy for the next leg up MYR0.60 and above ... technical chart looks healthy

Heavy rain ... can the flower continue to bloom or Boom ? Will the rain nurture the flower to blossom .... Hibiscus to Rafflesia ?

Hibiscus flower blooming nicely ....

I think Sumatec and Reach is much different, fundamental speaking Reach is way better than speculative Sumatec.

Logic will tell you Reach have yet to complete the show all together i.e acquisition placement, showing the results etc so long way more to go up .. unless oil price crash which is not likely

Bullish buy signal breakout ... ?

MBSB + AFB = new Islamic Bank in town in the making .... one of three stand alone listed Islamic Bank for Syariah Funds to invest in. BIMB, Bank Muamalat (via DRB-Hicom) and now potentially MBSB + AFB.

TP1.30

http://paultan.org/2017/01/05/proton-ertiga-1400-bookings-for-the-mpv-since-launch-no-plans-to-introduce-diesel-variant-here/

Not bad ... 1,400 bookings and 350 delivered to customers.

Malaysian Reserve today page 9 ... Proton recovers lost ground

http://www.thestar.com.my/business/business-news/2016/12/21/cimb-research-cautious-on-auto-sector-but-drb-hicom-top-pick/

CIMB Research Top Pick DRB-Hicom

After moratorium, from 2 Dec and 13 Dec Bursa announcement
owners have sold 13,100,000 shares in off market transaction

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5280605

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5287589

Good news or Bad news ? Cashing out ? New shareholders/funds ?

with all the great news also unable to move instead reverse ....

still a long way since Calvin issued BUY call at 1.40 !

But a good start for recovery ....

Wow, what a news for MQ Tech .... Robbie Hari Krishnan nephew of Ananda Krishnan joined as Executive Director.

How come share price haven't run ?? limit up ?

Tomorrow gap up .... 1.20 perhaps. Long overdue rebound by DRB ... just started the engine

Not that bad if you exclude RM130 mil - there is one off exceptional re-measurement loss RM130 mil because the stake in POS is being valued at cost RM3.26 where as current price is much higher at RM3.85

c21 exp 15 Dec ex 0.95

So never ending pressing down the price ??

How can like that one ?

http://paultan.org/2016/11/25/lotus-returns-to-profit-all-new-elise-to-arrive-in-2020/

Lotus returns to profit !! Good news for Proton !! which means good news for DRB Hicom

OUT OF SHARIAH LIST ..... means Shariah Funds will have to SELL OFF, with the recent spectacular rise in the share price, they would be more than happy to SELL

Mostly likely all the Shariah Funds is sitting on paper profit since share price has rallied to above 2.00 .... so now have to SELL OFF

Out of Syariah list means all Shariah Funds holding this stock MUST SELL if they are sitting on profit, if paper loss can hold for 6 mths.

such a pity for DRB Hicom shareholders ... so much of value destruction with the falling share price

Unbelievable ... drop to 112

MM is really ruthless ... press down to 114. No more call warrants for me ... ever

QR should be profitable .... consolidate POS results and huge jump in Proton Pesona, Saga sales

MYR weaken ... more local consumption, local cars Proton Saga Persona to do well

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5256129

Owners can start selling officially ...

DRB, Quarterly result small profit perhaps ? In view with the Proton Persona and Proton Saga runaway success ....

http://www.thestar.com.my/business/business-news/2016/11/08/potential-rerating-for-drbhicom/

Potential re-rating for DRB-Hicom

Could be purposely allow share price to fall to attractive level for Tabung Haji to enter at lower cost ... only way is UP from current price

YES QA approved

D-Day ... market need good news. QA goes through will help lift market sentiment.