Posted by Khairi Mohamad > 2017-03-22 12:28 | Report Abuse

good time to buy. but no money. sigh.

Posted by LOO99 > 2017-03-22 13:53 | Report Abuse

Buy2..for next week/mounth meletup...hopefully like iwc...kps..

Posted by Mohd Fahmi Bin Jaes > 2017-03-22 14:03 |

Post removed.Why?

Posted by 1star > 2017-03-22 14:04 | Report Abuse

Dnex secured Monopoly ePermit for all import vehicles and heavy machinery

http://www.miti.gov.my/index.php/pages/view/4047

Posted by helloworld123 > 2017-03-22 15:07 | Report Abuse

the eCommerce thing is just a dream. Better pray hard for fsp.

Posted by LOO99 > 2017-03-22 15:09 | Report Abuse

Buy dnex too..make money

Posted by calvintaneng > 2017-03-22 15:10 | Report Abuse

Just wait lah.
Last time during water theme play Calvin called for a buy on Jaks at 40 cts. Others were looking at other companies. In the end Jaks jumped up 200%

So just wait and see. The day is not done. And JackMa still around

Posted by takashi86 > 2017-03-22 16:51 | Report Abuse

Huh? Burst d? How? Announcement made d?

Posted by pineapple123 > 2017-03-22 17:04 | Report Abuse

Calvintaneg, not to offend u, can u pls QUOTE about DRBH only here? Congrtas on your past successeful trade with other stock, i think we are more concern with DRBH for now.

I seriously feel DrBh is about proton disposal & sourcing for partnership. Lets not focus on others!

Jack Ma will hv nothing to do with Proton ok

Posted by calvintaneng > 2017-03-22 17:09 | Report Abuse

Wait a little while more and see whether Jackma got anything for Pos and Drb with regard to ECommerce?

As for Proton it will be the next on the agenda with Psa and Geely.

Today Pm Najib proposed 20 billion over expenditure for Malaysia. Anything in store for Drb defense tech?

All these and more as we await good news

Posted by SALAM > 2017-03-22 17:15 | Report Abuse

Selling Proton on e-market soon..

Posted by takashi86 > 2017-03-22 18:17 | Report Abuse

Saw it, alipay work vf cimb n maybank...sienz loooor...but muamalat oso too small...n cimb is jibjib brother mar.

http://www.nst.com.my/news/2017/03/223395/jack-ma-digital-free-trade-zone-proof-govts-and-businesses-can-work-together

Posted by david6055my > 2017-03-22 18:35 | Report Abuse

"The initial phase will be rolled out before the end of 2017 by Alibaba, Cainiao, Lazada and POS Malaysia, leading to the formal launch of Alibaba's facility at the end of 2019."

http://news.ecommercemilo.com/2017/03/official-details-of-digital-free-trade-zone.html

Posted by calvintaneng > 2017-03-22 19:05 |

Post removed.Why?

Posted by martinbartesque > 2017-03-22 19:19 | Report Abuse

formal launch of Alibaba's facility at the end of 2019. I don't think it will push the share price of DRB in short term.

Posted by pradeep > 2017-03-22 19:23 | Report Abuse

Calvin to your opinion what will be the fair value of DRB

Posted by calvintaneng > 2017-03-22 19:30 | Report Abuse

Posted by pradeep > Mar 22, 2017 07:23 PM | Report Abuse

Calvin to your opinion what will be the fair value of DRB

To use Ben Graham simple yardstick by NTA

Ben Graham advocate a discount of 30% to NTA as a margin of safety

So latest NAV is Rm3.29. After deducting 30% discount the safe price would be Rm2.30

So I think the fair value for DRB is Rm2.30. This is a simplistic way of valuing which cannot be applied to hubline.

Reason is this

DRB Assets (NTA) are backed by High Value Real Estates whereas hubline NAV consists of rotten ships of little value.

Posted by calvintaneng > 2017-03-22 19:46 | Report Abuse

See the report from Singapore

http://www.channelnewsasia.com/news/business/international/alibaba-to-set-up-logistics-hub-in-malaysia-s-new-digital-free/3616222.html

Posted by Erie > 2017-03-22 21:00 | Report Abuse

Owh shit..geely has withdrawn to bid proton..now only PSA left..hopefully management wont screw this one

Posted by gcke > 2017-03-22 21:25 | Report Abuse

Confirmed Geely withdrew from bid for Proton.Read http://www.scmp.com/business/china-business/article/2081190/geely-withdraws-proton-bid

Posted by hooi > 2017-03-22 21:34 | Report Abuse

No one want proton, the only left psa also no fun to bid anymore. Game over,

Posted by Pavillion > 2017-03-22 21:44 | Report Abuse

https://paultan.org/2017/03/22/geely-pulls-out-of-its-bid-for-a-partnership-with-proton/

Posted by LOO99 > 2017-03-22 22:10 | Report Abuse

Good..line clear. It hard to make business with some china company..They treat you as a beggar n follow their term. There are a few china companies listed with klse now become toxic penny stock becauce of scandals n poor governance..

Posted by wan161 > 2017-03-22 22:36 | Report Abuse

proton conti car

Posted by pineapple123 > 2017-03-22 22:54 | Report Abuse

one thing for sure DRBH in Proton= need partnership.

like it or not, a deal is surely done.

Posted by Berkat > 2017-03-22 23:01 | Report Abuse

PSA also better...

one thing for sure...whe mahu up up up laaaa

Posted by Berkat > 2017-03-22 23:01 | Report Abuse

when

Posted by helloworld123 > 2017-03-22 23:24 | Report Abuse

At least those simpletons at proton don't have to do anymore due diligence btw the 2 foreign partners! But it is possible proton will screw it up in the end.

Posted by tecpower > 2017-03-22 23:45 | Report Abuse

Run away

Posted by culbertlim > 2017-03-22 23:52 | Report Abuse

stulid stock go buy palette

Posted by calvintaneng > 2017-03-23 00:38 | Report Abuse

Don't be swayed by rumors.
Last time media reported that Saudi withdrew from Petronas Rapid jv.
Then Aramco pumped in Us$7 Billions for jv in RAPID.

So just hold tight and wait for Management full disclosure by Mid 2017.

See

NOW POS IS CONFIRMED TO JOIN THE DIGITAL FREE TRADE ZONE

SO LOOK AT THE POSITIVE SIDE!

Posted by ArsenalBoyz > 2017-03-23 08:05 | Report Abuse

http://www.pressreader.com/india/the-hindu-business-line/20170310/282381219346121

Dongfeng is one of the major shareholders of PSA.

Posted by ArsenalBoyz > 2017-03-23 08:11 | Report Abuse

with psa proton gets a global giant, 3rd largest car producer with a major shareholder also from China, better than just a china partner alone. I suspect geely could be pulling out to save face as they probably know deal with PSA almost done. Well we will know if that correct or not very soon.

Posted by calvintaneng > 2017-03-23 08:15 | Report Abuse

Yes Dongfeng is bigger than Geely in China

See

https://en.wikipedia.org/wiki/Dongfeng_Motor

Posted by calvintaneng > 2017-03-23 08:29 | Report Abuse

http://www.thisismoney.co.uk/money/cars/article-4285614/Why-does-PSA-Group-want-buy-Vauxhall.html

Posted by ArsenalBoyz > 2017-03-23 08:32 | Report Abuse

Where did you see that? PSA has turnaround from losing money 4 years ago to profit of RM1.7 billion euro end of 2016.

Posted by Woo John > 2017-03-23 08:58 | Report Abuse

maybe not as manufacturing sector most crucial are economical scale of productions. the Tj Malim plant under utilization now will be put to great use if the plan with PSA does go ahead. great potential indeed.

Posted by helloworld123 > 2017-03-23 09:05 | Report Abuse

if sell majority then there is good hope, otherwise proton will always be a sinkhole.

Posted by Michael Wong Yew Kong > 2017-03-23 09:07 | Report Abuse

The management of the proton board is a piece of shit.

Posted by limch > 2017-03-23 09:07 | Report Abuse

Pity those thinking DRB is E-commerce or Pos only.

Posted by traderman > 2017-03-23 09:08 | Report Abuse

i thought 1 expert said drb gonna limit up when jack ma arrive ?

Posted by traderman > 2017-03-23 09:09 | Report Abuse

limch Pity those thinking DRB is E-commerce or Pos only.
----------------------------------------------
should be Pity those conned by calvintaneng thinking DRB is E-commerce or Pos only.

Posted by calvintaneng > 2017-03-23 09:13 | Report Abuse

Opportunity to buy on weakness!

Why Drb is good

1. Pos already on Digital Ecommerce Platform.

2. Proton sales are attractive because Malaysia is the only car manufacturing in Asean. Thailand and Indonesia are mere assemblers. As such only Malaysia offers a low cost manufacturing base to 600 million consumers in Asean 10. Malaysia is the gateway tarrif free to enter these high growth nations.

3. Proton already got 1,272 acres of ready factory lands with all infrar in place. So their is less cost of expenditure. And local supporting industries with years of skill set acquired for 3 decades.

4. Govt rm28 billion defense expenditure another avenue to pump monies in drb defense tech companies.

5. Sale of Corwin Rm500 million asset in Spore is the precedent to unlocking more asset value for Drb. Drb still got 9 pieces of goldmine lands for disposal.

6. Sale of Proton Ertiga is brisk. And motor vehicle sales expected to increase this year.

7. Being GE14 Election Year expect more goodies for Glc linked stocks like Drb

Posted by calvintaneng > 2017-03-23 09:37 | Report Abuse

Great news!

Pos gain will benefit Drb the most.

Posted by pradeep > 2017-03-23 09:46 | Report Abuse

calvin i agree we have to be patient definately by end of March/April, 2017 we will enter into a new horizon for DRB to my view it is an undervalue stock.

Posted by nekosan > 2017-03-23 10:29 | Report Abuse

(March 22): It has been confirmed that China’s Geely Automobile Holdings has withdrawn its bid to buy a controlling stake in Malaysian carmaker Proton.

According to South China Morning Post (SCMP), Geely’s president, An Conghui, did not elaborate on the reasons for the decision to withdraw the bid, but Li Shufu, its chairman, had said in an interview with Bloomberg earlier this month that the Malaysian company kept changing its mind.

On March 3, Li told Bloomberg: “They keep changing, today it’s this, tomorrow it’s that. They haven’t decided what they want.”

Geely, the owner of the Swedish Volvo brand, earlier on Wednesday reported better-than-expected earnings for 2016, as net profit surged by 126 per cent to 5.1 billion yuan (US$739 million).

It had been considered the favourite to acquire a controlling stake in Proton, Malaysia’s largest carmaker which also owns the Lotus sports car marque, though Europe’s second-largest carmaker Groupe PSA, which owns the Citroen, Peugeot, and DS brands, was also in the running, SCMP reported.

The successful bidder would get access to Proton’s Tanjung Malim assembly plant, which has an annual production capacity of 150,000 vehicles.

The owner of Proton would also qualify to ship vehicles tax-free among the 10 member countries of the Association of Southeast Asian Nations (ASEAN).

Geely’s main aim was to expand its footprint into Southeast Asia, said Robin Zhu, a Hong Kong-based auto analyst at Sanford C. Bernstein, when the news of Geely’s withdrawal of interest in Proton broke. Last month it announced a 2017 sales target of 1 million vehicles, an increase of 34 per cent from last year. It has been actively seeking overseas acquisitions, Hong Kong-based executive director Lawrence Ang told SCMP earlier this month.

Proton is looking for a strategic foreign partner as part of conditions it agreed to when it received a loan of RM1.5 billion from the Malaysian government last year.

The firm, once one of the Malaysia’s flagship companies, has been struggling with losing market share in Malaysia while failing to compete overseas, SCMP reported.

Posted by LOO99 > 2017-03-23 10:31 | Report Abuse

Patient...meletup sooner than expected

Posted by LOO99 > 2017-03-23 10:33 | Report Abuse

Geely ...good ridden

Posted by balvin71 > 2017-03-23 11:12 | Report Abuse

Hope won't happen like last time between Proton & VW. Sticking point was VW must use "Approved Bumiputra Vendor" aka kronies rather than buying the best quality/price from the around the world. Deal fell apart at the very last minute.

Posted by newbb > 2017-03-23 12:24 | Report Abuse

geely windrawn its bidding is a big problem. now proton will not have bargain power to nego with PSA. will this eventually lead to no FSP secured?