Posted by iswara > 2017-06-27 21:17 | Report Abuse

Proton has about 240 vendors, with almost 50,000 employees in its direct supply chain
not Proton has 50,000 emplyees.

Posted by rr88 > 2017-06-27 21:20 | Report Abuse

BN will push fr 1.80 to 2.80 for the election fund

Posted by chkhooju > 2017-06-27 21:28 | Report Abuse

Hello friend, if you know so much there's no reason for you to be here.

Posted by iswara > 2017-06-27 21:41 | Report Abuse

promote

Posted by ryong92 > 2017-06-27 22:09 | Report Abuse

Don chase. Wait next week. People will sell on news.

Posted by Effendy Tay > 2017-06-28 07:18 | Report Abuse

An auspicious day to celebrate Hari Raya Aidil fitri, soon egm cum agm to announce for initiative executions. Best of luck to all.

Posted by rr88 > 2017-06-28 08:03 | Report Abuse

Sell on news does not work bcause rm1.1 bil payment to proton is unexpected

Posted by happyinvest88 > 2017-06-28 08:22 | Report Abuse

EPF will pump and dump to dispose their stakes today, close neutral

Posted by lwyy60 > 2017-06-28 08:31 | Report Abuse

Good morning all, if it break 1.86 today and it will ve a good sign. Good luck all venture with Drb and Geely as a whole.

Posted by AAAinvestor > 2017-06-28 08:37 | Report Abuse

CIMB research house has increase the target price to RM2.35 from Rm2.25 previous target.

Posted by happyinvest88 > 2017-06-28 08:40 | Report Abuse

Sell on news, good bye

Posted by AAAinvestor > 2017-06-28 08:49 | Report Abuse

Can see this happen a lot in trading world. I guess the share price will volatile this few trading days and end with uptrend. For those who have holding power please hold tight. Someone are waiting to collect at cheap price. Happy Trading!

Posted by michaelwong > 2017-06-28 08:52 | Report Abuse

In whatever manner is a good signed for drb in the coming future with the participation ofGeely 49 % stake into drb . Today many are disposing and it takes time to stabilise the price which many are still unclear about 1.1 billions cash injection have been factor in to drb to offset its financial position with indebtness

Posted by fl888 > 2017-06-28 08:54 | Report Abuse

beware of impairment provision for qtr June which are known to EPF <LTH and insiders...

Posted by balvin71 > 2017-06-28 08:56 | Report Abuse

EPF was buying at 1.76~1.78. Support is here. Till month end will have selling pressure due to warrants expiring. July will up.

Posted by fl888 > 2017-06-28 09:08 | Report Abuse

CWs are not reacting, so Macquarie knows something badd..

Posted by learnNgain > 2017-06-28 09:17 | Report Abuse

the last trading day for DRBHCOM32 is one week before the maturity day right?

Posted by 7skies > 2017-06-28 09:32 | Report Abuse

share open 5sen gap-up...surely2 it will move upwards ltr.. rite? close +ve oso hapy oredi lorr

Posted by AAAinvestor > 2017-06-28 09:32 | Report Abuse

Hi learnNgain,
Check out the link below and play around this web page, this can help you trade in warrants.
https://www.malaysiawarrants.com.my/tools?sp=dwterms&ric=DRBM_tg.KL

Posted by learnNgain > 2017-06-28 09:37 | Report Abuse

thank you AAAinvestor

Posted by yongch > 2017-06-28 09:51 | Report Abuse

Oops...today no rocket woh!!!limit up now...kikiki...those big players start selling now...warrant expiry 30jun?????kkikiki....epf stop buying lo.....no choice got to wait next month 2.0 lo...

Posted by si3nz > 2017-06-28 09:57 | Report Abuse

still raya la...playing firecracker 1st..later only play rocket

Posted by Effendy Tay > 2017-06-28 11:57 | Report Abuse

Keep for medium to long term like fix deposit

Posted by Lkl888 > 2017-06-28 12:05 | Report Abuse

CIMB Equities Reseach retains its add call for DRB with a slightly higher $2.35 target price. Hold tight now

Posted by Effendy Tay > 2017-06-28 12:16 | Report Abuse

Drbhikom C28.low 10.5 hi 0.33cts.for four weeks trading swing from 15cts to 30.5cts ,mostly that kept for long term from the price of 15cts make a profit 100% .average closing one week b4expiry within 28-30.5cts..fair trade finally before closing date on 30th June

Posted by happyinvest88 > 2017-06-28 14:24 | Report Abuse

sell.

Posted by si3nz > 2017-06-28 14:37 | Report Abuse

wait 4 pm some fireworks

Posted by Unfair > 2017-06-28 14:40 | Report Abuse

QR no need to see? Why?

Posted by happyinvest88 > 2017-06-28 14:49 | Report Abuse

quick run

Posted by Unfair > 2017-06-28 14:55 | Report Abuse

In school, life everything need answer why not in i3? I3 must be banned.

Unfair QR no need to see? Why?
28/06/2017 14:40

Posted by Unfair > 2017-06-28 15:00 | Report Abuse

If HLG, CIMB(or Bursa) think only DRB worth listing why list so many stocks that make us headache?

Posted by Unfair > 2017-06-28 15:02 | Report Abuse

I want answer on QR.

Unfair QR no need to see? Why?
28/06/2017 14:40

Posted by kuaTAKtahu > 2017-06-28 15:04 | Report Abuse

How come some1 delete my comments?

Posted by kuaTAKtahu > 2017-06-28 15:04 | Report Abuse

Who can delete my comments posted in i3 last week? huhu . .

Posted by kuaTAKtahu > 2017-06-28 15:07 | Report Abuse

Maintain neutral with a target price of RM1.82: DRB-Hicom Bhd has announced that it received a letter from the finance ministry (MoF) for the approval of a research and development (R&D) reimbursement grant to Perusahaan Otomobil Nasional Sdn Bhd (PONSB), a wholly-owned subsidiary of Proton Holdings Bhd, amounting to RM1.1 billion. In a separate note, DRB-Hicom also announced the acquisition of the first tranche of redeemable convertible cumulative preference shares (RCCPS) issued by Proton from Govco Holdings Bhd amounting to RM300 million. We view the R&D grant approval positively as it helps Proton regularise its near-term cash flow, which should accelerate the turnaround plans.

We understand that the application for the reimbursement grant for the R&D in PONSB was made earlier in August 2011. Hence, there is no restriction imposed on PONSB with regard to the use of the grant, as the R&D expenditure has already been expended. The disbursement of the grant will only be made upon completion of the proposed foreign strategic partner’s (FSP) entrance into Proton.

Upon disbursement of the grant, Proton will use the proceeds to settle in full its syndicated loan facility of about RM525 million, together with accrued interests amounting to about RM8.3 million and to partly repay the amounts owed to DRB-Hicom using the remaining balance amounting to around RM566.7 million. As at March 2016, Proton had total borrowings of RM1.4 billon, most of which will be settled upon receiving the grant. We view this positively as this will significantly reduce the financial liabilities of Proton.

Recall that Govco injected RM1.25 billion into Proton through the issuance of RCCPS in June 2016. Subsequently, another RM250 million was issued to Govco, with the exercise completed just last week, making it a total of RM1.5 billion of RCCPS subscribed by Govco. Separately, however, DRB-Hicom has reached an agreement with MoF to purchase the first tranche of the RCCPS principal in Proton from Govco amounting to RM300 million, together with the preference dividend certificate amounting to RM50 million as at June 6, 2017.

In addition, we understand that DRB-Hicom also aims to repurchase the remaining principal tranches amounting to RM1.2 billon RCCPS from Govco. In consideration of this, DRB-Hicom will pledge certain identified assets at a value of RM1.2 billion. Govco is entitled to direct DRB-Hicom to liquidate the charged assets and to pay Govco with the proceeds, upon any non-redemption of the RCCPS as at June 6, 2031. We are neutral on this as we believe this is not likely to materially affect DRB-Hicom’s performance in the near term. — PublicInvest Research, June 23

Posted by Unfair > 2017-06-28 15:08 | Report Abuse

PublicInvest also no need see QR. Why?

Posted by Unfair > 2017-06-28 15:12 | Report Abuse

Why Geely want loss making Proton? Geely boss stupid?

Posted by Unfair > 2017-06-28 15:13 | Report Abuse

Future is still uncertain after Geely takeover. How many i3 members book Proton car since Geely announce takeover?

Posted by takashi86 > 2017-06-28 15:13 | Report Abuse

April-June qr should be in dark red...
Just curious tis year still got dividend?

From 6 cents dropped to 2 cents last year...

Posted by Unfair > 2017-06-28 15:18 | Report Abuse

Yes how much dividend will DRB pay?

Posted by si3nz > 2017-06-28 15:19 | Report Abuse

shooting star lai lioa

Posted by LOO99 > 2017-06-28 15:22 | Report Abuse

push up vs dumping..who will win??

Posted by si3nz > 2017-06-28 15:24 | Report Abuse

push up

Posted by kuaTAKtahu > 2017-06-28 15:55 | Report Abuse

Waiting to take > 1.80

Posted by Vivoforever > 2017-06-28 15:58 | Report Abuse

No potential stock. Najib oso don wan to look .

Posted by si3nz > 2017-06-28 16:01 | Report Abuse

he busy distributing ang pow la...maybe next week

Posted by si3nz > 2017-06-28 16:15 | Report Abuse

someone need to blow up 1.80 in order to cross border

Posted by yongch > 2017-06-28 16:42 | Report Abuse

aiyo....so much of unit waiting to sell sell sell....waha...who the hell 20mil waiting selling @1.82????how to climb up?kikiki....today n tmrw no show lo!!!!

Posted by Lkl888 > 2017-06-28 17:01 | Report Abuse

The road block of 1.80 may be manned by Macquarie as the closing price of DRB is still counted as part of average price for C28

Posted by michaelwong > 2017-06-28 17:09 | Report Abuse

2morrow likely back to square one .......not much impact on today . Got to watch out for Nasdaq index driving downhill that could affect more stocks prices to retreat backwards.