Hmm, it went up when Drb announce the soft loan is in .
Then the moment gomen said it will not take over Proton, went back down again.
So, next step is partnership with foreign. Personally I rather Syed M just sell off Proton, be rid of it.

Rchi, Drb QR report you also know mah. -790 mil loss leh.
After QR out lowest it went was 78 cents. After this RM1.5 bil loan in, ok up, but not sure goreng how long and how high.
Lacks the momentum of previous round where it went to RM1.18.

Other than that, people dont have so much funds, AA is moving, DRB not, so...

Bro rchi's chef like to scare off the ikan bilis. Some more today is T3 for those who bought when it start up

Lewis, c36,c37 just issued today, how JN88 going to sailang them yesterday?
LOL

Cwingz, you have more bullets, good lah. Yesterday already I sold half Drb c19, add in AA warrant. The mums still ada

Lim, c37 is new warrant, tomm only issue. So tomm only see c36,c37 price. But I think most would have limited bullets left

Both c36 and c37 exercise price is high , 2.45 and 2.85

Tony Fernandez, Datuk Kamaluddin

Posted by InvestInvestInvest > Jun 9, 2016 04:47 PM | Report Abuse

anyone know who are the major shareholder of airasia?

Pos Msia drop to 2.67. It drop also could be why Drb cannot up

You much faster than me cwingz,haha. I just only sold some Drb mum to top up AA.

What goreng? Goreng ikan, goreng ayam, goreng steak.. hehe

AA having turbulance for a while it seems. Cwingz have chance to top up
Drb, the proton start stop, 30km/hr at the moment. Wait Syed M send his Indah Water come clear the clogs first

ini hari Ah Seng cuti kah? makan dumpling?

Come on Drb, faster move

Post removed.Why?

I have both, mum & son. Sold half of mum, the other half didnt match.The last round when POS Msia went up, Drb went up to RM1.18, hence y I queue sell higher. Proton news bigger than POS shares news.

c19 cost price a bit high, see how tomm, sell at mum price below RM1 is loss. But buy little only compared to other forumers here.

Posted by Pristine68 > Jun 8, 2016 05:02 PM | Report Abuse

eagle100, unless you are pretty sure tomorrow the mum price will go up or you can withstand the loss, that's OK. If I were you, I would have sell it already as when mum is 0.985, the fair bid price (c19) now should be ~0.12, at 0.13 is a premium already.

Drb mum buy queue more than sell queue. Tomm see how, doesnt look like sell down yet. If they sell down, terus drop 10c liao

It does look like someone still collecting, at 0.995, 1.0 for Drb mum

Belum 4 pm move liao c19

I took partial profit of mum at RM1.01

Cwingz, AA i havent sell, still holding till at least RM2.80.
AA you sell liao, which one cut lost?
Drb this round should be gain, contra gain. Lost is those of us bought above 1.30 last yr.

Cwingz, bro duit got insider info lah, thats why.

Go AA....reach TP2.80 faster, hehe
Go Drb, you make lose $ earlier, now help par down losses.

Someone collecting at RM1.0, the mother

Depends on the ratio. C19 ratio lowest, 1:1
That's why it move up so fast follow mother share

See here for list of DRB warrants
https://www.malaysiawarrants.com.my/tools?sp=dwsearch

Drb mum 1.20 ah? Wah, like that I go change my sell queue.

One thing abt AA lah, Tony really dare go all out take risk. Own risk
Many airlines bangkruot after plane crash. Tony make it fly high again

Drb is GLC, crony. Syed M yamcha here, yamcha there kau tim the deal

Bro duit no need apologise. Everyone responsible for own trade.
Why you so fast delete, havent read yet also

Flyingkite, dint think duit takking abt Drb. He actually recommended Drb last year,but whatever deal it was didnt go thru, so after that sell.
Btw, I also holding Drb, average down aome, cut loss some. But sakit hati to sell all, lose a lot.

Guess as much the 790 mil QR lossess too high, fishy. Like they purposely make loss high2 so can get rid of Proton.. Some more sake of asset in Spore cancel after soft lian announce.
Drb not only Proton, the other subsidiaries doing ok.

Drb up cos the RM1.5 bil soft loan in liao, in the shape of preference share. After a certain time, if not improve, MOF takeover 79% of Proton.
Means, bail out right?

The Government will inject up to RM1.25bil into Proton Holdings Bhd (PHB) by subscribing to new redeemable convertible cumulative preference shares (RCCPS) in the carmaker, which may make it Proton’s controlling shareholder again if it chooses to fully convert the RCCPS.

In a filing with Bursa Malaysia on Monday, DRB-Hicom said its unit PHB had entered into a conditional agreement with Minister of Finance Inc’s 99.9% owned Govco Holdings Bhd for Govco’s proposed subscription of 1.25 billion new RCCPS comprising par value of 1 sen each and premium of 99 sen each at an issue price of RM1.

“The proposed RCCPS issuance will enable PHB to regularise its cashflow and settle the long outstanding balance payable to the PHB group’s various local and international creditors, vendors and suppliers. This will also help rebuild the vendors/suppliers’ confidence in the PHB group,” DRB-Hicom said.

Last month DRB-Hicom announced net losses of RM991.90mil in the financial year ended March 31, 2016 (FY16), mainly due to the poor performance of PHB. The conglomerate said if Proton’s results were excluded, the group’s performance in FY16 was commendable.

“PHB group has been experiencing flagging vehicle sales in the recent years and this has affected PHB group’s cashflow position,” DRB-Hicom said in its announcement on Monday.

“PHB group plays a crucial role in the national automotive industry where there are about 12,000 workers directly under the PHB group while about 50,000 are employed under the various vendor companies. In cognisance of this, the Government agreed to subscribe to the PHB RCCPS to provide financial support to PHB.”

The Government had said in April that it would grant Proton a RM1.5bil soft loan, which wpuld come with several conditions attached to ensure the national carmaker is competitive.

In its latest announcement, DRB-Hicom noted that within one year from the date of the subscription agreement or such other date as the parties might mutually agree to extend, PHB would “use its best endeavour” to seek and identify a strategic and renowned partner who will assist in research and development to become a competitive player in automotive industry at the international level.

“Notwithstanding the aforesaid, in the event that PHB is not able to fulfil the aforesaid requirement after exercising its best efforts and endeavours, the parties shall mutually discuss for alternative solutions or options towards achieving similar objective,” it added.

On the assumption that PHB converts the entire 1.25 billion PHB RCCPS and the unpaid dividend declared for the PHB RCCPS of RM574mil into 2.1 million new PHB shares at the end of the tenure, DRB-Hicom’s shareholdings in PHB will be diluted from 100% to about 20.72%, while Govco will hold about 79.28% in PHB.

The conversion price of 87 sen per PHB share arising from the conversion ratio of 1 PHB RCCPS to 1.152 new PHB share was determined on a negotiated basis and after taking into expected required rate of returns to Govco.

The issued and paid-up share capital of Proton is currently RM550.21mil comprising 549.21 million shares and 1 million redeemable preference shares.

PHB will declare a cumulative dividend annually, with such dividend being 4.0% per annum on a cumulative basis. Another condition is that no dividend will be declared to PHB’s ordinary shareholders and other preference shareholders without Govco’s consent, and if any dividend is declared by PHB to its ordinary and other preference shareholders, then the dividends in respect of the PHB RCCPS will be paid in preference.

DRB-Hicom shares slid 4.5 sen to close at 86 sen on Monday, with 1.29 million shares traded.

http://www.thestar.com.my/business/business-news/2016/06/06/proton-to-issue-rm1bil-preference-shares-to-govt/http://www.thestar.com.my/business/business-news/2016/06/06/proton-to-issue-rm1bil-preference-shares-to-govt/

Looking at Bursa announcements, it looks like KYY dispose VS to buy FLBHD

dex, Monday is holiday in some states only, not Bursa

Actually Liihen is the other counter that is huating.
But I didnt dare add more since it's so high already. Today went down to RM3.10, then afternoon up to RM3.3 liao.

moneySifu, your rock bottom is how low?
Liihen price this year at low also is higher than last year's price before share split

Connie, hope your sis recovers soon, prayers with her.

Oldtown also sell Oldtown 3 in1, 2 in 1 coffee packs.

Connie, HQ thread for discussion on HSI, KLCI index warrants one. Mainly on HSI warrant. It will clutter this thread with all the nonsense we talk - like Ah Seng jatuh longkang, van jenazah, siren sound.

Coldrisk is back? You out of i3 some time leh
For HSI, we also hang out at the HQ thread since the warrant is expired, can chat2 there.

Sis connie, looking at AA flight, it still stopping to refuel. I havent embark this current flight, cos keep see it consolidate.

You think it will refuel until what level only flyyyy to next destination?

Yeah, some more tomm is ex date for dividend, though only 2 cents. Collect 2 cents first, then wait see where WCT go

flying kite, the One is saying Syed Mokhtar call on Tony F asking tips how Tony bring up AA share from 80 cents to RM2.40 now.

1 June ex date for 5 cent dividend. Lets see tomm if got many last minute buy for the dividend.

Oh, AA went back down to Rm2.41. Can go below 2.40 then I can in

I disembark plane earlier. Now waiting for AA to refuel before boarding again. Tony really know how to make news to up .

Only thing scared is if AA plane have another crash, then susah

Kua LimDun, due to share split
Before that there was warrants issue, 1:4

Dont sapu the AA yet lah, let it retrace first so I can buy, hehe

Wah, RM3 ah? RM2.15 I sold liao. Didnt expect it to go RM2 3

Pristine, how much you think KLCI will go up today?

when you buying in again hng?

Bro twobits, take into account Tony & partner buy back price is RM1.85, private placement. So, support should be at RM1.85. So far, it didnt go so low, RM1.90, there will be sharks to push it up.

Connie, AA QR just out. Very good results.
Plus today was dividend ex date. So, tomm should be up