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Malaysia's Biggest Investment Forum
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« on: February 02, 2012, 04:55:48 PM » |
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cwarrant
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« Reply #1 on: February 02, 2012, 05:15:05 PM » |
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sirr
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« Reply #2 on: February 02, 2012, 05:17:04 PM » |
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will hit RM3.50 at least in next two weeks...
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Kaya99
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« Reply #4 on: February 02, 2012, 06:48:10 PM » |
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will hit RM3.50 at least in next two weeks...
chun boh ?!  |
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Kaya99
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« Reply #6 on: February 02, 2012, 10:00:42 PM » |
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Rise from RM2.20 to RM2.90 in few days..., still less than half the tp of RM4.60..., should up further...   so fcking high target |
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LengLeng_
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« Reply #8 on: February 02, 2012, 10:09:35 PM » |
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Strong break out shown by chart..., probably re-rating by institutional player on going... Drb is in overbought position Anytime soon bye Beware  |
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gainoncelosstwice
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« Reply #9 on: February 02, 2012, 10:11:11 PM » |
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Drb is in overbought position Anytime soon bye Beware big NO.. go study TWS after takeover of Bernas in 2009. Shot from RM2.70 to RM11. |
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cwarrant
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« Reply #10 on: February 02, 2012, 10:12:55 PM » |
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Drb is in overbought position Anytime soon bye Beware Heavy volume should be due to collection by institutional players..., probably re-rated to above 4.00 as suggested by CIMB tp = 4.60... |
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cwarrant
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« Reply #11 on: February 02, 2012, 10:14:29 PM » |
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LengLeng_
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« Reply #12 on: February 02, 2012, 10:14:43 PM » |
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Heavy volume should be due to collection by institutional players..., probably re-rated to above 4.00 as suggested by CIMB tp = 4.60... Sharks unloading ady |
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cwarrant
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« Reply #13 on: February 02, 2012, 10:17:41 PM » |
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cwarrant
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« Reply #14 on: February 03, 2012, 08:29:17 AM » |
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LengLeng_
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« Reply #15 on: February 03, 2012, 08:38:47 AM » |
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cwarrant
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« Reply #16 on: February 03, 2012, 08:59:19 AM » |
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pasa
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« Reply #17 on: February 03, 2012, 09:01:22 AM » |
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cwarrant
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« Reply #18 on: February 03, 2012, 09:04:38 AM » |
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RM3.00 cuming... |
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cwarrant
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« Reply #19 on: February 03, 2012, 09:44:11 AM » |
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Next round soon... |
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bursaninja
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« Reply #20 on: February 03, 2012, 09:49:11 AM » |
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Better clear who have the CW... goin to relax nxt week  |
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LengLeng_
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« Reply #21 on: February 03, 2012, 09:52:37 AM » |
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Next round soon... down down ady expectred push up early mornign to trap u! |
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aziz8421
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« Reply #22 on: February 03, 2012, 10:00:21 AM » |
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those who want to sell please sell...i want to buy.hahahahha
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gainoncelosstwice
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« Reply #23 on: February 03, 2012, 10:04:30 AM » |
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DRB is testing ur patient.. no worries
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king
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« Reply #24 on: February 03, 2012, 10:08:46 AM » |
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TIME TO SELL ?
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Malaysia's Biggest Investment Forum
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« Reply #24 on: February 03, 2012, 10:08:46 AM » |
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bursaninja
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« Reply #25 on: February 03, 2012, 10:35:06 AM » |
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For CI and CJ... buyer less than seller  |
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khamal59
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« Reply #26 on: February 03, 2012, 10:37:56 AM » |
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cwarrant
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« Reply #27 on: February 03, 2012, 10:38:25 AM » |
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At the present price..., it is not even half of the journey to tp above 4.00... |
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bursaninja
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« Reply #28 on: February 03, 2012, 10:40:38 AM » |
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expiry date end of this month.... depend on the mother... if RM3 then CI shud around 23 sen |
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cwarrant
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« Reply #29 on: February 03, 2012, 10:50:43 AM » |
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DRB moving... |
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markov
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« Reply #31 on: February 03, 2012, 11:09:12 AM » |
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unbelievable la DRB.. everyday GREENNNNNNN
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cwarrant
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« Reply #32 on: February 03, 2012, 11:15:17 AM » |
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Marching towards 3.00.... |
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bursaninja
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« Reply #33 on: February 03, 2012, 11:26:13 AM » |
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beware of Friday and long weekend trap |
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sirr
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« Reply #35 on: February 03, 2012, 12:43:18 PM » |
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COngrats to those who bought on correction this morning.. steady. hahaha! TP 4.60!!!!! |
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aziz8421
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« Reply #36 on: February 03, 2012, 12:54:02 PM » |
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yeah... :handshake:we will never back off before it reach above 3.00.hahahah. after lunch another round to end this week on Green Mode.
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waneja
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« Reply #37 on: February 03, 2012, 02:02:10 PM » |
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waneja
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« Reply #39 on: February 03, 2012, 03:35:36 PM » |
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aziz8421
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« Reply #40 on: February 03, 2012, 03:36:17 PM » |
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waneja
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« Reply #41 on: February 03, 2012, 03:45:59 PM » |
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go go..another 3.5 target..yeah yeah..tp 4.60 given by cimb..chaiyok2
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waneja
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« Reply #43 on: February 03, 2012, 03:56:19 PM » |
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drb hcom cf.....best premium...undervalued..huat2..
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aziz8421
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« Reply #44 on: February 03, 2012, 06:39:56 PM » |
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Selling Lotus a viable option: Mahathir
Tun Dr Mahathir Mohamad, Malaysia’s former prime minister, comments on Proton Holdings Bhd after billionaire Syed Mokhtar Al-Bukhary’s DRB-Hicom Holdings Bhd agreed to buy a controlling stake from the government.
Mahathir, who helped found Proton and remains an advisor, also comments on whether DRB should sell Proton’s U.K. sports- car arm Group Lotus International Ltd. The former premier made these comments in an interview in Kuala Lumpur yesterday.
On selling Lotus:
“It is a viable option and I think the new owners of Proton might consider that. But, Lotus is not just a sports-car company. It is an engineering and technology company. It’s selling engineering skills to China and helping people going into the industry.”
Whether Proton’s new controlling shareholder DRB-Hicom can make a difference:
“The man behind DRB-Hicom is a successful entrepreneur. He owns ports and businesses and took over DRB-Hicom from previous owner and has turned it around.
“DRB-Hicom was a great failure before. It lost a lot of money before he took it over and has turned it around. It’s a profitable company and many foreign automotive companies go to this company and want them to be partners. They assemble Mercedes-Benz cars, Volkswagens and Suzukis. They are financially strong. I am confident.
“Of course, they have a lot of borrowings. Nobody is rich with their own money. They are rich with money that they borrow.”
On whether Proton still needs a global strategic partner:
“If you go to Italy, small companies can design and build car, so you don’t need big companies to be with you. You can go direct to the very companies which the big companies use.
“We see big companies are more keen on swallowing us up. We feel we want to be independent. Therefore, we go to the small companies and we can now build and design cars of modern design by working through these small companies.”
On what’s needed to turnaround Proton’s fortunes:
“I think a good management. There is nothing wrong with Proton, but bad management has caused it to come down.
“There were times Proton was doing so well. It made so much money it managed to build huge facilities, including a big manufacturing center costing 1 billion ringgit. These were internally generated funds and not by borrowing from the banks or asking the government for money. It’s not usual for any car companies to be able to generate funds internally for expansion. So it’s not a failure.
“Today, it seems to be in a bad way. Of course, there were things done which should not have been done. For example, they allowed for the import of foreign cars, but these people under- declare and do all kinds of funny things. As a result, these foreign cars push out Proton from the market. So, we understand the problem. We have a chance to recover.”
Proton’s challenges:
“One time, we had a reserve of RM4 billion, which would able to finance the growth of the future. Unfortunately, due to things done by the wrong management we have lost the cash.
“In the automotive business you need a lot of money. Each model, just for the platform requires half a billion ringgit. We need that money. I hope the new investors will provide the money.”
On whether Malaysia really needs a national car:
“By itself, a national car is not a need. We could buy cheaper cars by importing them. An automotive industry generates a lot of engineering skills and it can give us a lot of the other businesses.
“Now we can manufacture components and produce a lot of other things. People who look at Proton may think of it as a failure, but we think it has helped Malaysia take many steps in the field of engineering.” -- Bloomberg
Read more: Selling Lotus a viable option: Mahathir
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aziz8421
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« Reply #45 on: February 03, 2012, 06:41:15 PM » |
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Tengku Mahaleel to make shock return to Proton
TENGKU Tan Sri Mahaleel Tengku Ariff is poised to make a shockreturn to Proton Holdings Bhd.
The blunt-speaking former Proton chief executive officer (CEO) will lead the national carmaker into a new era, probably as chairman of the company, in the coming months, replacing Datuk Seri Mohd Nadzmi Mohd Salleh, sources said.
“More or less, it’s almost a done deal,” said a source close to DRB-HICOM Bhd, the new controlling owner of Proton under a RM1.29 billion deal to buy Khazanah Nasional Bhd’s entire 42.7
per cent stake announced last month.
Tengku Mahaleel left Proton in September 2005 under controversial circumstances. The official statement then said that his contract was not renewed by the board of directors led
by then chairman Datuk Mohammed Azlan Hashim.
Tengku Mahaleel had been with the company for more than nine years.
Many believed that his “removal” was due to his criticisms and opinions on the national automotive industry, including the issue relating to approved permit (AP) to import vehicles,in an interview with a Chinese daily.
In the interview, he reportedly said that Malaysia was moving towards an automobile assembly direction, which differs entirely
from automotive manufacturing.
“Automobile assembly means you just need screw drivers, you don’t need die and mould and engine factory.
“If the government only needs the automobile assemblers, we can then grab a Mitsubishi car, fix it with a Proton emblem and say: ‘Nah, this a Proton car’,” he was quoted as saying.
Tengku Mahaleel joined the Proton group as vice chairman of strategy and operations in 1996.
In April 1997, he was appointed chief executive officer (CEO) of Perusahaan Otomobil Nasional Sdn Bhd and subsequently as group
CEO of Proton.
Prior to joining Proton, he was Mofaz group of companies vice-president, Nestle Malaysia’s independent non-executive director and New Toyo Group managing director.
Before 1995, Tengku Mahaleel worked with Shell Malaysia for nearly 20 years.
His last post with the oil and gas company was as marketing manager of Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd.
Read more: Tengku Mahaleel to make shock return to Proton
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cwarrant
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« Reply #47 on: February 05, 2012, 12:50:20 AM » |
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Selling Lotus alone may have recovered the investment amount paid for Proton..., DRB going to fly to the sky....  Dr M: Selling Lotus a viable optionTun Dr Mahathir Mohamad, Malaysia's former prime minister, comments on Proton Holdings Bhd after billionaire Syed Mokhtar Al-Bukhary's DRB-HICOM Holdings Bhd agreed to buy a controlling stake from the government. Mahathir, who helped found Proton and remains an adviser, also comments on whether DRB should sell Proton's UK sports-car arm Group Lotus International Ltd. The former premier made these comments in an interview in Kuala Lumpur yesterday. BLOOMBERG On selling Lotus "It is a viable option and I think the new owners of Proton might consider that. But, Lotus is not just a sports-car company. It is an engineering and technology company. It's selling engineering skills to China and helping people going into the industry." Whether Proton's new controlling shareholder DRB-HICOM can make a difference "The man behind DRB-HICOM is a successful entrepreneur. He owns ports and businesses and took over DRB-HICOM from previous owner and has turned it around. "DRB-HICOM was a great failure before. It lost a lot of money before he took it over and has turned it around. It's a profitable company and many foreign automotive companies go to this company and want them to be partners. They assemble Mercedes-Benz cars, Volkswagens and Suzukis. They are financially strong. I am confident. "Of course, they have a lot of borrowings. Nobody is rich with their own money. They are rich with money that they borrow." On whether Proton still needs a global strategic partner "If you go to Italy, small companies can design and build car, so you don't need big companies to be with you. You can go direct to the very companies which the big companies use. "We see big companies are more keen on swallowing us up. We feel we want to be independent. Therefore, we go to the small companies and we can now build and design cars of modern design by working through these small companies." On what's needed to turnaround Proton's fortunes "I think a good management. There is nothing wrong with Proton, but bad management has caused it to come down. "There were times Proton was doing so well. It made so much money it managed to build huge facilities, including a big manufacturing centre costing RM1 billion. These were internally generated funds and not by borrowing from the banks or asking the government for money. It's not usual for any car companies to be able to generate funds internally for expansion. So it's not a failure. "Today, it seems to be in a bad way. Of course, there were things done which should not have been done. For example, they allowed for the import of foreign cars, but these people under-declare and do all kinds of funny things. As a result, these foreign cars push out Proton from the market. So, we understand the problem. We have a chance to recover." Proton's challenges "One time, we had a reserve of RM4 billion, which would able to finance the growth of the future. Unfortunately, due to things done by the wrong management we have lost the cash. "In the automotive business you need a lot of money. Each model, just for the platform requires half a billion ringgit. We need that money. I hope the new investors will provide the money." On whether Malaysia really needs a national car "By itself, a national car is not a need. We could buy cheaper cars by importing them. An automotive industry generates a lot of engineering skills and it can give us a lot of the other businesses. "Now we can manufacture components and produce a lot of other things. People who look at Proton may think of it as a failure, but we think it has helped Malaysia take many steps in the field of engineering." |
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cheyhawlah
Regular Member
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Posts: 86
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« Reply #49 on: February 05, 2012, 06:54:22 PM » |
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Huat lah
Too bad sold 6 pcs at RM2, regret la
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Malaysia's Biggest Investment Forum
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