the price range has widened, looking a bit rubbish. if can stay above 2.46 - 2.50 then have chance. imo will hv to clear the noise till window dressing at year end. if u like the risk of drb, hope u all jumped on the bitcoin/litecoin/peercoin revolution

If the volume is low and the price moves up (in nearly all cases) this has to be a false picture. The low volume is caused by the professional money refusing to participate in the up move, usually because the market is weak. The price is moving up, but it does not have the support of those traders that matter. This is a feature of a bear market – UP MOVES ON LOW VOLUME

EXCEPTION TO THE RULE
If there is a low volume (UP DAY) on the very first day of a break-out from a genuine accumulation area, the result is often a rapid one day UP MOVE on low volume.

This is NOT a sign of weakness. The wide spread up and out, on the first day from a genuine accumulation area, on low volume is caused by SHORTAGE OF STOCK.

Most of the supply has been removed by the professional buying at these levels. This LOW VOLUME UP MOVE out of an accumulation area is therefore an indication of STRENGTH.

mus also beware that focus is flowing back to the western markets.. im expecting an upward wedge to form before the up leg can continue.. a lot of testing first.. volume is not there, for proper up trend

interesting that warrant CT was well suuported at 3 sen very early on today

hopefully im wrong but i think can only do 2.70 max if we break 2.55

only if there has been genuine accumulation post ge13 will we seen a rebound, pray for volume spike around 2.50+.. otherwise Lawrence kwan is right and this is a trap.. which would explain the lack of interest (volume) the past weeks, always worth watching what they do with the warrants at this time. superstitious indicator or possible up leg

lawrence, i too hv heard similar opinion about our market, n frm what little i read , i would agree, but on the other hand, after watching the market now for 3 years solid, no day job. there have been too many great counters to either invest or trade, ie. BIMB, DKSH, etc, then all the BN hanky panky play such as proton, and of course the gorengs like aglobal, harvest etc etc.. in fact too many profitable events to mention.. you jus got to be very agile and always liquid. personally, as a means to establish education n health fund for my child, klse is a better option than day job that would have me.

looks like on way down to 2.34 for this week, which would resume the down trend set from the hi @3.14 . to me this can be further accumulation and recoil b4 some major news or side ways for weeks to come

hope no one buy yet.. i said in post b4.. to look see only how price plays at the bottom of channel.. for fellow warrant players, drb warrants no so hot, will take good news catalyst to bounce enough.. but if warrants go down toooo low, then sure must take the risk.

if a hammer doesnt form, from a possible drop of 15sen, then wait till 2.20, if reverse @ 2.35, then mayb can hammer today.. drb-cu about to mati so unlikely they buy up.

what now? too damn exciting this counter!!

must observe if base is intact at 2.40+ if it fails to bounce from 2.42,3,4 then sure to go down to test 2.35 & below. my experience with this counter is to ONLY play the swing.. NEVER chase DRB (post proton) IF NOT IN POSITION FROM THE VERY BOTTOM, STAY AWAY .. my suspicion is that its setting up for a short burst up between now and new year & CNY.

drb is performing within expectation.. imo its looking very good n juicy. still in its 2 year price channel, positive news flow etc.. and when there is warrant expiring, the price like to stay down.. like i mention above, wait for the 2.40 range, ideally 2.20 but thats wishful thinking.. drb is consistent punters play thing... also volume is looking very interesting.

yes yes, mus not b greedy

looking very good, hope it can go back to 1.80 for year end window dressing

buy should only be at 2.20-5 and 2.40 ONLY if external forces improve.. currently drb is performing as normal with in price range.. wait for klse sell down to end b4 buy

1Q profit plunges 68.5% yoy to rm10.3m.. there u go

they got to pay for their bloody war somehow

speculating that rm2.50 - 40 soon come, a bottom of 2 & below very possible on relatively thin, heavily manipulated volume, catalysts: downgrade effect not over, war, macro financial issues, seasonal effect.. wait and enjoy the next round up

hope ppl took my advise to sell at peak, i know said around rm3, and the peak was that day. my buy n sell of this counter is usually governed by the warrant action, sure sound crazy, but the strategy works sweet on drb.. sold that day warrants n mother, now may begin collecting, queue very low, and wait see if price falls to u, if it does, then worry cos the down may not be over, so queue very small amounts till you CANT NOT GET THE PRICE U WANT, then you know that we hit bottom. remember, if easy to buy.. then worry, if can not buy easily, then learn that you must feel for bottom and had the balls to collect, cos sure it will go up. supply and demand is king.

around 3.00.. a higher target price can only be on major catalyst.. like tan sri to buy MAS

dont hold this boy, mus sell at peak, if only interested to trade.. investing is different story.. CU my baby of the week

if 2.60 is current base, that is

any surge in volume today can take it up to next level

looking bagus now, positive news in btimes from Malaysia Automotive Institute. fingers x

typo.. supply is very thin.

I think it will stay within the up trend price channel / range which began from low in may 2012. i believe it will re test 2.78 and beyond. already supply in very thin..

always play down when c warrant expire.. normal lah, now 39 day stoch looking good, better move cos i collecting CU now