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5 comment(s). Last comment by The One • 2017-03-07 17:29
Posted by Bruce88 > 2017-03-01 09:10 | Report Abuse
DRB-Hicom boosted by sale of property, returns to the black
Posted by zaqwerty > 2017-03-01 09:53 | Report Abuse
Most important the owner now has indigestion makan too much. So expediture down and profit up.
Posted by calvintaneng > 2017-03-01 14:56 | Report Abuse
For every stock to rise above normal there must be a catalyst - some special fundamental forces that propel its revenue and profit.
For MyEG it was Gst collections.
For Jaks it was Langat 2
For Super Enterprize it was cheap oil which reduced the cost for plastic signage and the subsequent boom factor.
For Pohuat it was due to the windfall of strong USD translated to higher profit in ringgit
For Ajiya it was due to the demand for glass in Iskandar highrise condo.
So for DRB-Hicom it is the Govt Initiated GE14 award of massive goodies for DRB and other GLC linked stocks. DRB is just following Gkent and Gadang in the overall plan of BN.
And this catalyst will propel DRB upward for year 2017 and going into year 2018 till Election Day.
Posted by The One • > 2017-03-07 17:29 | Report Abuse
Thanks for sharing..
Today.. DRB back to green with buying interest growing. Hope for the best !!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,631 posts
Posted by calvintaneng > 2017-03-01 02:24 | Report Abuse
Coming Up Next After ECOMMERCE with Alibaba will be
PROTON JV WITH PEUGEOT & GEELY OF CHINA
PROTON JV WITH PEUGEOT WILL FULLY UTILIZE TANJUNG MALIM LAND FOR PRODUCTION BY PEUGEOT FOR EXPORT TO 10 ASEAN NATIONS
AND GEELY IS EYEING PROTON'S LOTUS TECHNOLOGY FOR A GEELY SPORT'S CAR FOR THE ONE BILLION STRONG CHINA MARKET
EITHER ONE OR BOTH WILL SPUR PROTON & PUT DRB INTO FOCUS
See the World's First Submarine Car by LOTUS
https://www.youtube.com/watch?v=uiXu7LwXRO8