Today it managed to reach 2.30 briefly.. not bad.. up 6 sen. But then dropped back to 2.26. Hope it can close at 2.28 or above today.

Turtle counter.. should be around 2.25 by now.

Good.. announced, finally. Thks for sharing..

Noo idea. Not moving is acceptable provided the price remains good but the worry is, its hovering near the 52 wks low.. that's the problem and frustration.. even with good results, high NTA and good prospects.

The "good" quarterly result is already a week old.. but the price still stagnant.. blocked and pushed down towards 52 wks low everytime the it try to go up. But.. there's still hope in this counter, ya? Hmm..

The problem is our bourse has been tarnished and controlled by syndicates. Bursa is hopeless (will only UMA.. thats about it.. and the replies always the same) in pinning these activites. Rumours spread are very powerful.

The show is over and many got stucked. Gudluck everyone!

Gorenged by syndicates laa.. gudluck everyone n hope you make huge profits.. :)

800 lots new format but at old price.. not at the new very low price as of current..

Denver.. this is what hng33 said.. "depending on your investment horizon, if you able to pick up stock order and intend to keep these stock more than 6 month, then DRB should be able to offer reasonable good return more than 10% at least + enjoy its final dividend of 4.5sen in the interim."

I had hold 800 lots of this "hopeless" counter for more than 8 months. What do you think my return??? My intention giving my views here is just for people to take extra caution in trading in this counter. Pls understand.

Exactly. Thats why the counter is stagnant and keeps going south bcoz most traders or investors are either have lost patience and sold or waiting to leave the boat. Unless exist some sort of catalyst to make this counter rise and gain more pshycological faith from the investors, whatever good news or positive results will not help. Good luck then.

PS: See those shares that went up 33% to more than 200% in a short period just based on rumours and also ignored stupid UMAs (people are laughing with joys in the forum on these counters). Then think.. why people want to trade in this Drbhcom n got money stucked for a long time just waiting to escape or cut-loss???

Me concur with some of the remarks here. This is basically a "hopeless" counter. Even with good news and "possible dividends, the price keeps going south. Syed is debt-ridden n tight-lipped himself thus he also useless. The only way is to get syndicates to intervene.. if not the counter will remain low in volume and targeting 52 wks low everytime. More n more investors are leaving the counter also add to the selling pressure. Just my 2 cents.

Something is really not right.. dropped so much. May drop further tomorrow onwards.. trade with care !!!

And the price went south.. hmm?

Such a big conglomerate with diversity of businesses, low P/E (7.7 only), consistent dividends, high TPs (average above 3.1), and the price now is only 2.21 (hardly passed a year low) even with tremendous jump in profit? What happened? Where are the true big investors? Do we need syndicates to help? Hmm.. a food for thought.

This kind of news that keeps the price downward:-

http://www.theedgemalaysia.com/business-news/305331-vegoils-palm-drops-to-5-12-yr-low-biggest-monthly-loss-since-sept-2012.html

Do not just ignore the facts. Gudluck everyone.

The price traced back to 4.22. As I said, do monitor and do your best to analyze and decide. Do not just buy or sell blatantly and then blame on the counter. Gudluck everyone.

Based on the chart, the price may trace back. Do monitor then decide on the best time to get on the boat. This is not a penny stock. No contra.. must have the ability to hold. No need to complain on the counter.. fruitless effort.

Yes.. noticed that. Even with profit up more than 900% and rated outperform, the price only up 6 sen or +3% from near 52 weeks' low. If penny stock, sure +30% or limit up ady..

Now.. thats a "gem" indeed. Also.. Drb's profit up ten fold? Wow!!!

@2.08 should be a strong support price as per chart..

But why hold to this turtlish moving downward counter. In bursa nowadays, the trend.. its better to trade in penny counters e.g. Sumatec, Pdz, Marco, Glotec, Ifca, Takaso, Sanichi to name a few. Then only you can make a lot of money. Eventho everyone know these counters are purely driven by syndicates, Bursa allow it.. and feels proud because of the high volumes recorded. What a joke our bourse!!!

Of course.. can. But this counter price must be penny stock first.. haha.

Sayed Motar must be scratching his head now.. hahaha.. what a funny looking fella now.. lol :D

This counter has been dropping continuously without stop.. wow !!! Looks like insider news got out. Most prolly very bad financial results to be announced !!! Pity to d shareholders.. R.I.P. ya..

Greed will make people purposely ignore the fundamentals, "close one eye", take the risk and hope to make as much bucks as possible in a short time. Its human nature.. thats why sharks can prevail. Pity those that lost a lot of money instantly and also those that borrow from "alongs".

They also warned me on Sumatec, Pdz and Marco. But many of my friends ady laughed to the bank recently. Now wondering why the warnings? Was about to get on the boats..

Both my remisiers suggested to me to buy and hold. Why huh? I thought this is a no-hope counter!!!

Why? Insider info? Most probably weaker financials to be revealed soon?

DRB keeps dropping and UEMS made a 52 weeks low today.. what a pity. Maybe these hinted that UMNO is financially weakening?

Quite a drastic drop with volume before break. What gives?

wolf1.. I suggest you target below 2.10.. looks like possible.. everyday red.. don't get stucked. or buy penny counters.. can make mega bucks.

Another thing observed.. the counter keeps getting cheaper and cheaper albeit slowly. Thats why the volume remains low bcoz people are still waiting for the price to go lower. As chenkx said "everyday seems to be a better buy".

Yes.. it really tested my patience when my friends said to me "we told you already.. why so stubborn and stupid still holding that DRB counter". Feel that if you can..

PS: their profits were about 15-30% just for few weeks trading.. I dont blame them for saying those words..

Take xtra care ya.. very high P/E counter.. falling knife can occur anytime..

Not really.. "Ebola to sales contribution is negligible, leading to minimal earnings impact". Short term TP @3.80 prolly.. then buy and hold. Just my $0.02. Furthermore.. currently.. in our Bursa.. if you want to make profit.. trade in penny stocks and pray it will fly.. gudluck ya.

AlexCMS & hng33.. nice to both of you for the write-ups and promoting this company. However, the price is still on the downward trend and hovering around its 1 year low. Not sure whether this counter is good for investment nor have the patience to see its lacklustre performance. Sorry guys.. trading in Bursa is not what its used to be I opined.. no more based on fundamentals.

PS: my friends are laughing to the bank making tons of profit trading in penny stocks recently.

Just sharing.. http://www.theedgemalaysia.com/business-news/302766-technicals-palm-oil-to-fall-into-2094-2124-ringgit-range.html

Friday usually sell day.. wondering.. could it get lower?

AlexCMS.. nice write-up.. thanks.

jester.. just an example.. Skpetro.. one of those counters I've been monitoring and hold but sold @4.42 after div received.

Still goin' south.. ???

Noticed many loss making companies' prices are flying mostly based on rumours while fundamentally sound companies' prices are dropping. What's goin' on with our bursa?

Keep going south.. ???

Be careful peeps.. very high P/E.. palm-oil futures also dropped.. falling knife if support gone..

Actuall.. MINIMAL IMPACT?

CIMB Research said it believed that Ebola’s reappearance in African countries would have minimal impact on the demand for rubber gloves at this juncture as it spread only through bodily fluids and was still confined mainly to the African countries.

“Unlike SARS and H1N1 which are transmitted through droplets in the air, Ebola spreads only through bodily secretions.

“Hence, it will not spread as easily and demand growth will not be as strong as in 2009 to 2010 when demand growth for gloves was aided by a low base during the economic downturn in 2008,” CIMB Research added.

The research house believes that a material impact on demand would be seen following the depletion of inventories and a significant rise in the number of cases of Ebola across the globe.

While some glove companies have seen an increase in demand from the affected African countries, sales contribution from these countries was negligible, leading to minimal earnings impact, CIMB Research added.

MINIMAL IMPACT?

"CIMB Research said it believed that Ebola’s reappearance in African countries would have minimal impact on the demand for rubber gloves at this juncture as it spread only through bodily fluids and was still confined mainly to the African countries.

“Unlike SARS and H1N1 which are transmitted through droplets in the air, Ebola spreads only through bodily secretions.

“Hence, it will not spread as easily and demand growth will not be as strong as in 2009 to 2010 when demand growth for gloves was aided by a low base during the economic downturn in 2008,” CIMB Research added.

The research house believes that a material impact on demand would be seen following the depletion of inventories and a significant rise in the number of cases of Ebola across the globe.

While some glove companies have seen an increase in demand from the affected African countries, sales contribution from these countries was negligible, leading to minimal earnings impact, CIMB Research added."

P/E about 31.. very high indeed. High risk of of going south if no support.

Wow.. 1st time loss in 10 years. P/E also very high. Kaput?

Another buy call today from HLG with 3.00 TP. Hope to see upward trend continues albeit slowly..

If delisted.. finish.. kaput !!!

Thanks for sharing..