@pineapple123....i said citylink...Not skynet.. lol... Skynet and POS are sama kaki. You walk into their office, you can feel their working efficiency. Online retail will definitely grow in near future.
POS is very accessible. Which is why a lot local online retailers using POS. But if everytime I need to go to POS office to collect my stuff, then is not call door to door delivery. Anyway, that is POS. regardless of what they are still the biggest in Malaysia.They will do well and continue to contribute to DRB. Just that it would not able to replace Proton's revenue.

@The One.... the best is to sell both Proton and lotus away...But with current situation, I expect them to sell Lotus to PSA and sell 51% of Proton to Geely. That would be great. Money from Lotus and Proton could lower down debts. Geely is best for Proton as they would bring in the technology to make it better. More over, proton would able to go into the China market which is huge. Their BYD car manufacturer has been doing as well as Tesla. The quality and feel is amazingly good. So China technology is actually comparable to any country. For the PSA (Peugeot & Citroen) wont able to survive in Asia. Their parts are way too expensive. No resale value.

Regarding their big vendors issue. They will have no say on this. I would say this deal has become public issue. Any failure to get this deal done, it would be over for Proton and also GE14.

@Calvin... the Ecommerce thing already happening for long time. Dont you ever heard about Tabao? Skynet is part of the clearing agent. Yes, moving forward it would be all e-commerce business. Retail will go through a tough period. So POS definitely would benefit from it. But how much can it contribute to DRB? Plus there always other rivals like Skynet, Gdex, Citylink, SF, etc. POS has bad reputation due to their bad service. Try use Citylink. They are much more efficient.

@traderman...thanks for it....Due to your comment, it went back to RM1.45...Please comment more on the downside please. lol

Shell would need to keep making profit consistently then the share price would jump. Monitor on oil price would give you a better idea whether they going to make profit or not.

Anyone knows regarding the buyout? Is there anyway the management could forced us to sell at low price to them?

Funny that so many come to this stock when they are not interested. Fact is that the stock bounced back 7-8sen within 2 days. That is good return.

They have RM3B projects which is the highest among the small cap construction companies. The only concern would be cash flow. If they able to find funding for all the projects, they will come back strongly.

I just wonder if poilam knows when is end of Q3?

Agreement can be done by 31.3.. but restucturing, redesign all the cars and market it will takes time. We may only see a turn around in a year time.

@yongch.... DRB main revenue is from their automotive which include proton. That is also why they have been bleeding too. Till they can get Proton back on track, DRB will continue to bleed. To finalize the deal, even with FSP, it will takes a long time. Till then continue to bleed.

Wow. Market up 10 points. Drb falling.. great

@eric lim.. have to agree with u. Bezza is very ugly..hahaha

Worldwide stock rally. Hopefully drb would reach new high tmr

Ok. Where is rm4.40. Even after discount rm4 also not even near.

@darklord... please respect. ...still got time for it to happen...now is 3.40pm. 1 hour to believe poilam

Hahaha. looks like RM4.40 gone liao. Same goes to Poilam with his insider.. She posted just 2 post. 1 of the so called predicted shell price is "Let's see"..

They already almost back to yesterday price. Growing strong too. Welldone lads.

@poilam... you sure your insider new rm4.40 still valid? Lol

We actually made the mistake. Insider has been selling the share way before the announcement. So when the announcement made, only small tetailers panic to sell. Now they slowly buy back for hefty profit.

wow.. good 1 for those who hold or buy this morning.

well. doesnt seem it would follow petron path.

technical rebound... dont expect big rebound.

@joyceln...praying table.. :D....... anyway, they already got Rm800 projects. I guess that is the big projects the CEO was talking about. Fact that he didnt highlight the deal that people could easily ignore it.

@wcteng91... it could...a few years back when i check at their quarterly report, it was all red. That was the rm5 time. Oil n gas is recovering. Unless oil price crash again, oil & gas counter will gain. Petron already up to rm6+. Shell should be close by. Maybe rm4+ atleast. This profit is huge. It will serve them well going into next quarter. People would gain confidence in the share.

@MrPauper... they managed to get rm800M+ projects in 2 months time. But never mention what projects only.

Dont overjoyed by this. All eyes on Trump tonight. If he did something stupid. Then all hell will break lose. Then all these result would means nothing. DRB has done well last quarter even without the disposal. Bringing down the losses is fantastic. They need to unlock more assets. Pos malaysia shall continue to shine. Hopefully a better direction in near future.

The oil & gas sector handled by the ceo's son is bleeding. The CEO still desperately trying to make it a success by highlighting they got RM100m + projects from Oil n Gas. The fact that they included in the 2 jack up boats order which is from a wholly company owned by the ceo. If it didnt work out, just write it off as bad debts? They trying desperately to go into oil & gas when everyone got burned badly. Now is a matter whether they have enough cash to cover up for the losses and loans.

I m not surprised by it because the disposal of crowin should give them enough profit. But the performance from Proton sales is encouraging despite launching 4 new models. The expenses wasnt as high as what being said.

Back into profit. Now all eyes on FSP. Good profit though to looks forward.

Well we need to see whether they have sufficient money to cover up the losses. Also where does the bad debts come from. Would there be more? This is crucial for Sendai to bounce back. but not in the short time. They didnt bother to talk about what are the coming projects they are tendering nor those RM800m projects already won. That is not so good.

looks to have bottom out. But depends on the market performance now. As of their project, RM3B looks very healthy indeed. RM700m in 2 months, that is great. But the losses really too much to take. How many years do they need to earn back this. The CEO should justify this. The investment in Oil & Gas continue to bleed.

Good result coming.

oh gosh. looks like its going to be race to sell now. Some event put as low as 0.45.... god bless you all.

@calvintaneng... come on.. dont act this way when some really hit hard by this. Let's move on.

@calvin882.. it depends. Malaysia has under go some correction. But not US market. Nobody can predict what policy will be implemented. It could start another rally. It could crash the market. Wait till tmr.

@calvin882... this is due to Trump policy tonight. If he made some amazing policy which trigger some countries, it may create a domino effect and crash the market which already on a high

Good luck to those who still holding. Hopefully u still can minimize any losses. I expect they going to open at 0.575. Sigh.

Totally ridiculous. How can they suddenly incurred so much lost? Lower revenue too. They have secured rm3B projects. So where are those projects?

Proton sales has done well especially on persona and the new saga for month of november and dec. With money from the divestment of crown holdings and higher revenue/profits from POS with higher share holdings, i m expecting a positive quarterly report. Unless they suffered some big impairment.

Bad result? Falling back

Nope. I doubt people selling to drag down the price to buy. They has been falling from 77sen to now 58.5sen. Way to much for that. I suspect is the Trump policy would affect middleast. Sendai business mostly based in MENA. They are very weak locally.

Moneyface88... where you get the 30M?

Certainly this is the challenging part. Catching a FALLING KNIFE!! Still believed they have done 1 of the best quarter. And maybe some projects annoucement..

really not sure what is happening. Really bad quarterly report? They already done with impairment. they already achieved record sales. Means they should be having a good quarter. But why is this happening?

Anyone can share what is happening!??

Wow. Keeps dropping.. is it really got issue with their quarterly report? Anyone got any news to share? Looks very attractive now

@davidI.. if compared to previous quarter or a year ago, it should do much better. Last quarter revenue dropped below rm400m. Last year they made negative profits. With record outstanding order by end of last year, no more impairment, i expect they do atleast rm400-600m revenue with profit of 5-10%. The ceo has mention they concentrate on improving profit margin in 2016. And also 1st 3 months of 2017 do expect a few big projects announcement too. A lot expect they achieved rm2B order in 2016. It didnt. So it should flow to 2017 due to late announcement in the award

But market still under selling pressure. All stocks need some good news to go up. Or else all will on selling mode

Selling assets would unlock DRB potential. Selling proton would certainly unlock their NTA Rm3.1. It would be better than making losses every quarter. See NTA dropping everytime.

Drb will return to profit. The divestment on the corwin holdings and the higher profit from POS malaysia should help to give them a nice profit.

Hahaha. Shall pray hard for some great result today or tomorrow.

@Fyda74.. they got 1.8 B projects last year. Doesnt mean it will be RM2B revenue. From the previous few quarters, revenue is around rm400m per quarter. Need a big push to reach rm2B. If they can start this year with a bang, there is chance of that happening

Guys... beware... as much as i m confident that the coming quarterly report would be better than the last, the 1 I fear the most is the Trump policy which is on Tuesday night. If US market came falling, not sure sendai good quarterly report would be sufficient to uphold the market sentiment. Unless they have some big announcement.