DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.13

Today's Change

+0.03 (2.73%)

Day's Change

1.09 - 1.13

Trading Volume

977,500


28 people like this.

25,330 comment(s). Last comment by hw0706 21 hours ago

OMGGGG

29 posts

Posted by OMGGGG > 2017-06-06 14:36 | Report Abuse

Mr.Google can clear all your doubts .

Lkl888

363 posts

Posted by Lkl888 > 2017-06-06 15:05 | Report Abuse

Late comers or those who chase after Cs will lose money when the expiry date of Cs is drawing near. The Issuers employ special officers to monitor/ control the prices of Cs wrt mother shares. E.g. Macquarie Capital Securities just listed DRB C36 on 31/5/17 with a conversion price of 1.90 & conversion ratio of 2:1. The high conversion price is to their advantage. The maturity date is 29/12/17. When C36 is near expiry date, the issuer will try hard to block the share price of DRB at 1.90. If successful, the issuer dun have to pay the C36 holders any money. C24 is a good example of how the issuer block DRB at 1.60. At the beginning of listing no one own the Cs. The issuer can put 5000 at 16 and sell 5000 at 16.5. The average closing prices of Cs are also to the advatage of issuers. The average price of daily trading is not counted. Only the last done price is taken into account. That is why the closing price of DRB suddenly dropped by the issuer

ahlairich

85 posts

Posted by ahlairich > 2017-06-06 15:30 | Report Abuse

thank you Lkl888

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-06-06 15:50 | Report Abuse

MACD convergence!

Explode

1,171 posts

Posted by Explode > 2017-06-06 16:08 | Report Abuse

flushing contra players before next wave

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-06-06 16:11 | Report Abuse

Klse great bullish but drb aisklim at side road?

dusti

2,404 posts

Posted by dusti > 2017-06-06 16:19 | Report Abuse

Likely close @ 1.80+

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-06-06 16:22 | Report Abuse

Run run run!

calvintaneng

56,182 posts

Posted by calvintaneng > 2017-06-06 16:33 | Report Abuse

VERY GOOD NEWS

JEFF BEZOS OF AMAZON HAS OVERTAKEN BOTH WARREN BUFFET AND BILL GATES TO BE THE WORLD'S RICHEST MAN ON EARTH.

ALL BY THE POWER OF ECOMMERCE

SO YOU BETTER LOAD UP MORE DRB SHARES ON WEAKNESS NOW!!

DRB THROUGH POS WILL BE THE CHAMPION ECOMMERCE STOCK IN MALAYSIA!!

HIP HIP HOORAY

titus

4,159 posts

Posted by titus > 2017-06-06 16:43 | Report Abuse

not sure is today market sentiment has anything to do with fgv. PM never failed to surprise us. It was 1st BM, then now is fgv. dunno will next will be drb & pos or not....sweat....

paktua73

18,512 posts

Posted by paktua73 > 2017-06-06 16:46 |

Post removed.Why?

WarrBuff

148 posts

Posted by WarrBuff > 2017-06-06 16:55 | Report Abuse

Old man managed to collect at 1.74?

paktua73

18,512 posts

Posted by paktua73 > 2017-06-06 16:59 |

Post removed.Why?

titus

4,159 posts

Posted by titus > 2017-06-06 17:11 | Report Abuse

now the next, is the detail of geely-proton tied up. If later announcement say that geely contribution is in kind such as pump in 1 or 2 car design into proton, then really jiak lat. In kind contribution can be a very inflated number. Really one surprises after another.

Lkl888

363 posts

Posted by Lkl888 > 2017-06-06 17:17 | Report Abuse

Titus if DRB reach to 2.50, all CWs will explode to record high !!! All CWs holders will receive Giant Green Pau for Hari Raya!!!

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-06-06 18:09 | Report Abuse

It's possible a big angpow from pm, even felda settlers already announced big angpow, big fat green packet to cheers

Lkl888

363 posts

Posted by Lkl888 > 2017-06-06 18:35 | Report Abuse

GREED VS FEAR

lhcjames

58 posts

Posted by lhcjames > 2017-06-06 19:40 | Report Abuse

No risk no fun

Lkl888

363 posts

Posted by Lkl888 > 2017-06-06 20:00 | Report Abuse

Today Starbiz : Affin Hwang Capital Research believes the Malaysian stock market is still in its early stage rally and it remains positive with a new FBM KLCI target of 1,813 by end-2017. Hence recent talk of profit taking is positive, in their view, as it makes the uptrend more sustainable.

balvin71

1,153 posts

Posted by balvin71 > 2017-06-06 21:39 | Report Abuse

The Proton deal with Geely will go thru. Good for both buyer & seller.

Geely getting Tg Malim plant, shares of Proton & Lotus very cheap. Only 170 million + give platform of cars that has been fully paid for.

DRB getting prized Proton land & don't need to make future investment in R&D. Plus potential share of future profits via higher utilization of Tg Malim plant.

Also, based on Proton Chairman speech, it is a done deal. Hold on tight till July. Enjoy the show

balvin71

1,153 posts

Posted by balvin71 > 2017-06-06 21:42 | Report Abuse

Lkl888, thanks for the explanation on warrants. Need to study more.

calvintaneng

56,182 posts

Posted by calvintaneng > 2017-06-06 22:02 | Report Abuse

Online sales in Malaysia to shoot up by 50 pct throughout Ramadan according to 11th Street

This is very good news for DRB/POS as 11th Street depends a lot on POS to deliver its goods

https://www.nst.com.my/node/246145

ivankvs

517 posts

Posted by ivankvs > 2017-06-06 23:24 | Report Abuse

Yeah

fl888

7,662 posts

Posted by fl888 > 2017-06-07 06:38 | Report Abuse

Hopefully nothing like FGV happens in DRB, so far no clarification on Focus article Proton-Geely, and signing ceremony on FSP only 23 days to July dateline and break RM2.00'.....

paktua73

18,512 posts

Posted by paktua73 > 2017-06-07 07:45 | Report Abuse

old man still have 35 lots here see can make money are not today

Lkl888

363 posts

Posted by Lkl888 > 2017-06-07 07:57 | Report Abuse

Profit taking is positive and the uptrend of DRB will be more sustainable.

learnNgain

136 posts

Posted by learnNgain > 2017-06-07 09:13 | Report Abuse

go go go

Lkl888

363 posts

Posted by Lkl888 > 2017-06-07 09:40 | Report Abuse

Healthy profit taking is welcome. Now DRB can move up easily. Have confidence in DRB. July is still far away

fl888

7,662 posts

Posted by fl888 > 2017-06-07 09:44 | Report Abuse

still got some contra profiteering but not much for those who bought at RM1.55=1.63

learnNgain

136 posts

Posted by learnNgain > 2017-06-07 09:48 | Report Abuse

anyone knows why C32 has lower volume than C33? c32 has higher % return and yet cheaper than c33, but why ppl still trade more c33 than c32?

NIBIRU_T

507 posts

Posted by NIBIRU_T > 2017-06-07 09:57 | Report Abuse

maturity date is 2 months longer than C32

Lkl888

363 posts

Posted by Lkl888 > 2017-06-07 10:01 | Report Abuse

Ask the issuer Macquarie Capital Securities. They are controlling the share prices of C32 and C33. C36 also controlled by the same issuer.

fl888

7,662 posts

Posted by fl888 > 2017-06-07 10:02 | Report Abuse

Buy CAP as good buy at 1 cts for spareparts to Proton JV...

dusti

2,404 posts

Posted by dusti > 2017-06-07 10:04 | Report Abuse

Uptrend remains intact. Should close at 1.86+

fl888

7,662 posts

Posted by fl888 > 2017-06-07 10:19 | Report Abuse

It is a criminal offence and CAP directors can be jailed in CHINA, if the directors want to go to Jail...sure issue FAs by 2-7-2017

hcl

5 posts

Posted by hcl > 2017-06-07 10:34 | Report Abuse

Now 1.76 1.77 still the right price to pick?

ivankvs

517 posts

Posted by ivankvs > 2017-06-07 11:03 | Report Abuse

.

dusti

2,404 posts

Posted by dusti > 2017-06-07 11:16 | Report Abuse

Time to BUY

Posted by Hartanah Penjawat Awam > 2017-06-07 11:20 | Report Abuse

vrommm.....

Lkl888

363 posts

Posted by Lkl888 > 2017-06-07 11:32 | Report Abuse

Selamat Hari Raya. DRB BOLEH!!!

ahlairich

85 posts

Posted by ahlairich > 2017-06-07 11:34 | Report Abuse

aiya c32 slow liao.

Lkl888

363 posts

Posted by Lkl888 > 2017-06-07 11:35 | Report Abuse

Very smart play by the big players. Give chance for ppl to profit take and come again in second wave

dusti

2,404 posts

Posted by dusti > 2017-06-07 12:27 | Report Abuse

If you need more excitement check out FGV!!!!!!!!

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-06-07 12:33 | Report Abuse

Drbhikom recover from flu just sick for a while only

mfbs

1,229 posts

Posted by mfbs > 2017-06-07 14:23 | Report Abuse

closing 1.82???

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-06-07 14:42 | Report Abuse

Everyone looking forward drb break all time high since 52weeks range. The fear of drb when it drop to its lowest 80cts .1.86 From 1.78,its just a kind of psychology effect as though from 80cts bottom. Get ready with loud bang should it breaks the psychological effects across the bridge. Cheers for drb soooon sooner or later

fl888

7,662 posts

Posted by fl888 > 2017-06-07 14:57 | Report Abuse

PublicBank Investment cannot breach TP RM1.82 ????? which they can sapu no problem anytime..

balvin71

1,153 posts

Posted by balvin71 > 2017-06-07 15:48 | Report Abuse

Consolidating at 1.75~1.80....taking a rest before running up again.

Posted by winmoney996 > 2017-06-07 16:19 | Report Abuse

Sell on news, strong resistance at 1.80...sell first... Then q at lower price

ivankvs

517 posts

Posted by ivankvs > 2017-06-07 16:27 | Report Abuse

Waiting > 1.82

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