DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.11

Today's Change

-0.02 (1.77%)

Day's Change

1.11 - 1.13

Trading Volume

1,927,700


28 people like this.

25,331 comment(s). Last comment by WiraBoleh 2 hours ago

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 10:54 | Report Abuse

Wahaha!

Calvin is happy to buy more!

pang123

782 posts

Posted by pang123 > 2017-03-06 10:54 | Report Abuse

@Woo John.. At the end of the process bidding, there is only 1 winner. So the share price of both Geely and PSA would be affected too. If the company got fundamental, they won't afraid of their share price being affected by this minor hiccup. Their concern would be getting the best deal out this. PSA looks to have a higher chance. Doing business with Chinese is never easy. They maybe cash rich, but they are way harder to negotiate.

Woo John

552 posts

Posted by Woo John > 2017-03-06 10:54 | Report Abuse

let's put it simple, when drb submitted and received the loan last year the condition were already agreed that proton needs to sell certain percent. now they dun hv choice, either PSA or Geely which ever offer better terms. there is no need to panic sell. opportunity to accumulate now

pang123

782 posts

Posted by pang123 > 2017-03-06 11:00 | Report Abuse

I totally agree with you @Woo John. They must get the deal done. So you need to have enough holding power on this. The decision maybe continue to drag. Rumours would continue to fly around. Till certainty return, I cant see share price on uptrend.

LOO99

1,631 posts

Posted by LOO99 > 2017-03-06 11:04 | Report Abuse

Those bought 1.31...1.32 can sell all or some now for a good lunch n dinner today...ha3

Woo John

552 posts

Posted by Woo John > 2017-03-06 11:05 | Report Abuse

wait la, lobster on the way...........

LOO99

1,631 posts

Posted by LOO99 > 2017-03-06 11:12 | Report Abuse

Going to be dramatic ending just like jaks...drop 30% n recover in 2 days. Btw I sold all Jaks 1.26 this mrng..

anonboy

491 posts

Posted by anonboy > 2017-03-06 11:42 | Report Abuse

Drb is at the end of the rope, so i think they will start negotiating with Geely again soon and end up with a happy ending.

Woo John

552 posts

Posted by Woo John > 2017-03-06 11:50 | Report Abuse

see.... the dumping slowing to stop, time to move upward.....

anonboy

491 posts

Posted by anonboy > 2017-03-06 11:54 | Report Abuse

Remember Greece? The country was at the end of the rope, but it was rescued anyway. Being at the end of the rope often means the situation cannot be worse.

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 12:04 | Report Abuse

Hahaha!

DRB IS NO GREECE LAH

I THINK THE NET NET ASSETS OF POS/DRB PROPERTIES ARE WORTH RM10 BILLIONS TO RM20 BILLIONS.CAN WITSTAND ANY LOSSES FROM PROTON FOR THE NEXT 20 YEARS

ANOTHER MONOPOLY IS POS

CAN RAISE STAMP FEES LIKE MYEG

ALSO MONOPOLY IN PUSPAKOM. CAN MAKE COMPULSORY YEARLY INSPECTION FOR 21.25 MILLION CARS IN MALAYSIA. CAN ALSO RAISE FEE TO RM120 PER CAR LIKE MYEG.

SURE GUARANTEE TO MAKE MONIES LAH

Erie

497 posts

Posted by Erie > 2017-03-06 12:07 | Report Abuse

Ppl think drb=proton only..hehe

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 12:13 | Report Abuse

Bei tahan leow!

Calvin added more again!

RojakInvestor

1,234 posts

Posted by RojakInvestor > 2017-03-06 12:19 | Report Abuse

peeps i would see see n wait if there is any more concrete news before buying more. at 1.36 to me its not cheap enuf. i bot at rm1 before and at rm1.2 ++ but this is just me.

drb has a bad perception now thats why its being sold down. just be careful and be logical n be smart and not just listen to so-called other jokers in here. they may even have or not have any hidden agendas.

be warned. its only your money to lose.

Woo John

552 posts

Posted by Woo John > 2017-03-06 12:19 | Report Abuse

RALLY upwards????

joetosh

191 posts

Posted by joetosh > 2017-03-06 12:39 | Report Abuse

collect at 1.33... expecting to collect this price next week... but arrive earlier... if today close with white candle... hahaha...

Bullhunter

1,194 posts

Posted by Bullhunter > 2017-03-06 12:42 | Report Abuse

@Rojakinvestor, well said and good advice. DRB looks like heading back to 1.10. Foreign partners do not need proton but proton desperately needs them

anonboy

491 posts

Posted by anonboy > 2017-03-06 12:52 | Report Abuse

Buying a small amount for speculation may be good.

pang123

782 posts

Posted by pang123 > 2017-03-06 13:35 | Report Abuse

Don't have a good feel on this. Especially when so many hard sell on this. Usually when this happen, the share price tends to drop all the sudden. Well, shall stay on the sideline to wait for latest news on it. Till further clarification, price will not up.

cherry88

986 posts

Posted by cherry88 > 2017-03-06 13:35 | Report Abuse

Calvin, you can buy more at 1.25 level....I will be there to wait for you in the train

goldenluck16

1,955 posts

Posted by goldenluck16 > 2017-03-06 13:55 | Report Abuse

I will buy at 1.30

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 14:17 | Report Abuse

I AM. H. A.P. P. Y.

CALVIN TAN IS EXTREMELY HAPPY TO BUY MORE DRB-HICOM SHARES ON WEAKNESS TODAY.

YAHOO!!!!!!!!!!

anonboy

491 posts

Posted by anonboy > 2017-03-06 14:25 | Report Abuse

Most people who wanted to sell the stock have finished selling it.

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 14:27 | Report Abuse

Last time when Drb was 92 cts to 94 cts people say they wait for Drb at 80 cts

What sayeth Calvin?

Calvin telleth thee not to time the market.

Just load up while cheap.

Stay the course.

Fix your vision!

Target price unchanged at Rm2.80

Don't be surprised!

After Drb crossed Rm3.00 Uncle Kyy and his Stockmummy will come out to buy and chase Drb kaw kaw over Rm3.00!

pineapple123

2,472 posts

Posted by pineapple123 > 2017-03-06 14:42 | Report Abuse

calvintaneng, now dropping oh

imlearning

869 posts

Posted by imlearning > 2017-03-06 14:55 | Report Abuse

ya dropping

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 14:58 | Report Abuse

Operasi tong sampah now on!

pineapple123

2,472 posts

Posted by pineapple123 > 2017-03-06 15:03 | Report Abuse

buang ke ?

Posted by helloworld123 > 2017-03-06 15:13 | Report Abuse

All red. Run!

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 15:14 | Report Abuse

Where got drop further?

Tong
Tong
Tong!

My tong still not yet full leh?

Contender

523 posts

Posted by Contender > 2017-03-06 15:16 | Report Abuse

stabilising at 135 to 136....

The One •

2,949 posts

Posted by The One • > 2017-03-06 15:39 | Report Abuse

DRB has fallen when KLSE has been supa green since last Friday till today. What a wrong timing to go down.. and buyers are very passive too. Trading at less than 1/3 of its NTA currently.. hmm. DRB's spokeperson also an idiot.. till now.. still zero statement from DRB.. what a joke.

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 15:44 | Report Abuse

Insiders do wayang maybe?

Who knows they are loading up?

Last time when bj corp dropped to 10 cts and whole world condemned him he quietly scoop up.

Same for Tn logis. Insiders loaded up quietly

Posted by helloworld123 > 2017-03-06 16:00 | Report Abuse

FSP will not want to be just a passive investor, period!

skybursa

1,480 posts

Posted by skybursa > 2017-03-06 16:00 | Report Abuse

No hope. Sell sell.

smartly

6,431 posts

Posted by smartly > 2017-03-06 16:01 | Report Abuse

stay out first

smartly

6,431 posts

Posted by smartly > 2017-03-06 16:01 | Report Abuse

think tmr can buy 1.30.

skybursa

1,480 posts

Posted by skybursa > 2017-03-06 16:01 | Report Abuse

Below 1.2 very soon

firehawk

4,782 posts

Posted by firehawk > 2017-03-06 16:16 | Report Abuse

this make me recall RAPID ... at the beginning Petronas want to hold 51%, let Aramco buy 49%, Aramco wanted to pull out .... then, the King come, after diplomatic negotiation, become 50%,50%! no one dominant!

but is this good for decision making? when there are disputes, no one can get >50% support, so the disputes drag on .... good for corporate?

LOO99

1,631 posts

Posted by LOO99 > 2017-03-06 16:16 | Report Abuse

Now outsiders n insiders combine buying...meletup soon

imlearning

869 posts

Posted by imlearning > 2017-03-06 16:20 | Report Abuse

ok la, please keep dropping, i want to collect

pang123

782 posts

Posted by pang123 > 2017-03-06 16:57 | Report Abuse

Funny thing.. @Calvin, who keeps on telling people he is collecting and yet his tong not full. Based on today volume, it would have filled your whole house.

calvintaneng

56,197 posts

Posted by calvintaneng > 2017-03-06 16:58 | Report Abuse

YAHOOO!!!!

SO HAPPY NOW!!

The One •

2,949 posts

Posted by The One • > 2017-03-06 17:00 | Report Abuse

6k lots sell queue at 1.36 all gobbled up before closing.. hmm??

Lk036

929 posts

Posted by Lk036 > 2017-03-06 17:06 | Report Abuse

The one, saw post (deleted)n mention some gd announcement soon. Can share?

joetosh

191 posts

Posted by joetosh > 2017-03-06 17:07 | Report Abuse

open 1.33... close 1.36... x sabar tunggu esok... but nobody know what will happen tomorrow

pang123

782 posts

Posted by pang123 > 2017-03-06 17:10 | Report Abuse

@LK036.... a lot of rumours going around. Even if just rumours, people will come and say later sure got announcement. So everyone would be expecting announcement and buy more. If today no announcement, selling pressure persist.

The One •

2,949 posts

Posted by The One • > 2017-03-06 17:20 | Report Abuse

Lk036.. me just can say.. Me got tis feelin' a material announcement may be revealed quite very soon.. ;)

takashi86

747 posts

Posted by takashi86 > 2017-03-06 17:22 | Report Abuse

Droppoed less than 5cents, good holding grd.

goldenluck16

1,955 posts

Posted by goldenluck16 > 2017-03-06 17:24 | Report Abuse

Short sellers got short changed today.

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