Blog: DRB Versus MRCB - The Two Top Beneficiaries of 2017 BUDGET (2 RESERVOIRS Of Wealth) Calvin Tan

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9 comment(s). Last comment by calvintaneng 2016-10-26 23:11

chowsingchi

1,798 posts

Posted by chowsingchi > 2016-10-25 23:12 | Report Abuse

well interesting knowledge on drb tho

Ikaztahkik

131 posts

Posted by Ikaztahkik > 2016-10-25 23:15 | Report Abuse

good job calvin..

SALAM

1,025 posts

Posted by SALAM > 2016-10-26 08:50 | Report Abuse

Excellent sharing by Calvin. ..Critical-Analytical-Connective & Imaginative mind..From Balkans to rubbish = big money generators for DRB in the years ahead...

Ammar Roshidy

284 posts

Posted by Ammar Roshidy > 2016-10-26 09:05 | Report Abuse

Good job Calvin, actually its all there that is the reason I have been holding its shares for so long. But I feel, even before the budget its value has been below expectations.With the right management is should fly to RM5 range. One more point, just before elections it will become a penny stock.

choop818

689 posts

Posted by choop818 > 2016-10-26 13:03 | Report Abuse

Good effort Calvin. The `right management' are the keys to DRB's success. Until then, there are better opportunities elsewhere.

Beza

1,847 posts

Posted by Beza > 2016-10-26 14:19 | Report Abuse

Huge debt company.

calvintaneng

53,283 posts

Posted by calvintaneng > 2016-10-26 14:26 | Report Abuse

Don't worry about DRB debt. One POS asset if disposed can settle more than half of DRB debts.

AND DRB's NTA IS OVER RM3.00 - A VERY BIG MARGIN OF SAFETY. IT HAS VALUABLE LANDBANKS EVERYWHERE IN PRIME PRIME PLACES!

If all assets are Sold minus debt DRB SHOULD BE WORTH MORE THAN RM3.00

So just buy while it's cheap!

KLCI King

3,220 posts

Posted by KLCI King > 2016-10-26 23:04 | Report Abuse

So, calvin, you sold off your Bina Puri & Masteel? After shouting so hard to ask people buy at mostly current price.

Now jump to other stocks?

calvintaneng

53,283 posts

Posted by calvintaneng > 2016-10-26 23:11 | Report Abuse

Posted by KLCI King > Oct 26, 2016 11:04 PM | Report Abuse

So, calvin, you sold off your Bina Puri & Masteel? After shouting so hard to ask people buy at mostly current price.

Now jump to other stocks?

Calvin replies,

For Masteel I sold it at Rm1.04. It went up from over 30 cts. So already up 200%!

For BPuri I bought at average cost 44.5 cts. So I look forward to at least 100% gain at 90 cts!

BPuri = Bull Powering

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