DRB have breaches support level of 1.70....better cut lost on CW or else will depleted more heavily...no sign of rebounds since 1 week ago...

agreed with gemma!

this is the culprit behind sharp fall

http:// www.bursamalaysia.com/corporate/media-centre/media-releases/5189

looking into today volume its retailer on contra period clearing their position....

panic seller today.....c33 is at discounted & now considered low...ha ha ha

https://www.carlist.my/news/geely-borui-updated-2017-could-go-sale-14-july/46227/

Watch out for banking & healthcare stocks

Tech stock is the US is declining almost 5% since June..most of it switches to banking & financial stocks which saw a huge leap in buying interests.With 2nd half approaching tech stocks company will released their company results which analyst anticipated will move into bull directions.....

Last minute volume buildup.....

i foresee that after the FED meeting interest will be increased and bond buying purchased will eventually deteriorated. QE will be come to an end...inflation rising...equities market is coming into more volatility ahead in this coming quarter..

looks like someone is controlling the whole event in the world...News deceptive divertion to acknowledge current situation in the market..

Regional markets uncertainties popping out...North Korea inflaming nuclear threat..Qatar dismissed in Arab Gulf as being accused of supporting terrorist.Turkey sending more military troops to Qatar to overcome threat in the region...

they are really ripping apart many people since the announcement appeared weeks ago..Heart must be patience & mind need to look far beyond anything...

tomorrow green day

waiting for next engulfing bullish signal...

syndicate is collecting heavily...seems that new is +ve before moving north!

stochRSI appeared to be oversold....

emotion management.....buy in dips

EPF own majority of mbsb shares....syndicate is clearing all those contra players...

Geely's Volvo to go all electric with new models from 2019

http://www.investing.com/news/technology-news/geely's-volvo-to-go-all-electric-with-new-models-from-2019-502047

china & hong kong rebound...DRB wil follow soon..

DRB is coming....today will break 1.80

Most banking stock in US is gaining momentum after FED approval on shares buy back..Warren buffet emerged largest shareholding after acquiring massive share in BOA...Bull is charging ahead!!

Most banking stock in US is gaining momentum after FED approval on shares buy back..Warren buffet emerged largest shareholding after acquiring massive share in BOA...Bull is charging ahead!!

Bro wies I think you should look into the bigger picture...Geely is coming from China to put a strong presence in thr ASEAN market..It is not about SUV or SEDAN...Its about market penetration.Geely is not eyeing on Msia market as a whole...Geely is interested in using DRB as a platform to export its product tax free...Back in China tax is massive..By coming into Msia cost is much more cheaper as existing technology & productline is ready to be market.

POS MSIA gain 0.15 today.....like i mentioned spill over effect from JAck MA shares acquisition in Lazada...DRB is owning POS MSIA....the rest you can concluded by itself

Banking stocks leaps into a huge gain in recent trading session on DJIA...With merger to materialised within 6 months of stipulated time frame & BNM liberalisation before 2020 MBSB will easily climb towards RM4.00...The first fully islamic banking in the country.

Ready for next phase.....oil rebounded with crude up 1.21% & brent 1.18%...DRB the next catalyst stock....

http://www.thestar.com.my/business/business-news/2017/06/29/the-ringgit-is-easily-asia-strongest-currency/

Regional & europe bounce from recent sell off.....

ready for another wave...

T4 today for volume on 19.6.2017...not much today

there are buying at average 1.78 today

agreed..there are digesting slowly to shake all of the contra player out...

Biz kalau tiap2 tahun rugi kasi jual la...ada org mau beli bayar cash sama kasi settle semua hutang kreditors ini meniaga byk pandai...sebelum ini rugi biz lain punya untung kasi cover sama dia....ini maciam bole mati ohh...sikalang...mlm tido sulah x pening mah...bole fokus kasi profit biz yg ada untung mah...haiya

Need to remember DRB is not owning solely on PROTON...DRB stands for Diversified Resources Bhd meaning it have POS Bank Muamalat etc...fundamentally proton is now a JV entity with new technology from geely infused into DRB...risk is minimal as both both party rely on each other...apart from it DRB will propel more progression in terms of revenue as proton in not the only core business DRB rely on...DRB is eyeing more into ASEAN market with the e-COMMERCE platform thru POS Malaysia

Mad rush tomorrow morning...dow & nasdaq rebound....panic buy

Those who is thinking of buying cheap its far way behind now....

3rd wave is gonna be above 1.90 in weeks to come...With alibaba owning mostly major share of lazada to cater the 600 million asean market imagine what will DRB intrinsic value will be..DRB owms POS Malaysia....upon disposal of proton from its unit with inception of geely DRB will return on black & ride on huge revenue from its POS unit as the next e-commerce upon completion of DFTZ...

I think sitia missed the boat...all of the nonsense appearing as though you are like analysist...cmmon bro...IB have put a TP of above RM2...Geely is not stupid as u think...they are eyeing on the ASEAN market shares which back in China....export of passenger car is highly taxable.With the inclusion of geely into DRB they are tapping into an unprecedented huge market in coming years...Get your fact right dude!!

my invest dont day dream la....most people are now on hari raya holiday & announcement have already surface...yesterday surged have been factored in.Price will dive back 0.15..period!!

this is how those sharreholders & syndicate moves...when earning deteriorated with insufficient profit margin these are some of the options utilized to entice public to enter current price...

need to wait for the next QR to see price appreaciation again..but it all depends on company earning & revenue couples with good news..

total share issued 2,247,184,057 PP 31,460,576.70 is 0.01400 %....share diluted upon PP..A discount of 5.2% from average 5 day VWAP=0.1477....

going to head south china seas soon....Again every time when PP is announced day after its price will end up on new consolidating value....

clearly its a manipulation from the syndicate to push more upwards prior to the signing of agreement on july onwards...

is it coming this time or only floor show again?

trade with cautious dear friends

pound sank Friday as U.K. PM Theresa May's Conservatives lost their overall majority in the general election.
That left the situation of a hung parliament, with a coalition needed to form a government.
Sterling was off 1.13% at $1.2685 at 03:15 ET. The pound was off 1.95% against the euro at €1.1331.
The result of the election left May's future up in the air, but she said she would not stand down.
May had called the snap election in a bid to secure a ""strong and stable leadership"" heading into Brexit talks.
That left the specter of Britain calling for a delay in Brexit talks as negotiations proceed to form a U.K. government.
May had called for a so-called ""hard Brexit"" but the new government may have to soften its stance.
Elsewhere, the dollar index moved back above 97 after sacked FBI chief James Comey's testimony.
Comey accused the Trump administration of lying about the FBI and himself.
But he did not accuse Trump of ordering him to drop a probe into Russian links in presidential race.
The euro dipped below $1.12 after losing ground after the ECB policy meeting.
The ECB left policy on hold but removed a reference to the possibility of further rate cuts in its guidance.
More tellingly, ECB chief Mario Draghi said there was no discussion of tapering.
The dollar also firmed against theyen moving back above the 110 mark.