SELLING DRB C30 INTO STRENGTH AND BUYING MRCB WARRANT B ON WEAKNESS

November 12, 2017 By Calvin Tan Smart Investment

Dear Fellow Investors,

I bought DRB at 92 and DRB C30 at 12 sen.
Drb gave me more than 100% profit while DRB C30 did better at 200% gain.

So i am happy to sell my last DRB C30 into strength.

And I bought MRCB Wb at 35.5 sen on weakness.

Why sell Drb C30 and buy MRCB Wb?

ANSWER:

1. ALL THE GOOD NEWS FOR DRB ALREADY OUT.

2) 90% OR MORE OF THE PEOPLE ARE AWARE OF DRB.

3) MANY RESEARCH HOUSES HAVE ALSO TURNED BULLISH. SO THIS IS THE TIME TO SELL INTO STRENGTH.

4)  ALL THE BAD NEWS FROM RIGHTS ISSUE  HAVE CAUSED A SELL DOWN IN MRCB

5)  MANY ARE STILL SKEPTICAL. MAJORITY STILL SKEPTICAL AND STAY AWAY.

6) NO RESEARCH HOUSES HAVE COME OUT TO RERATE MRCB YET. KAF HAS ONLY A NEUTRAL POSITION.

7) AND MAJORITY OF THE MARKET IS STILL BEARISH ON MRCB.  NO FOREIGN FUNDS ARE BUYING.

8) BUT GOVT HAS BOUGHT 173 MILLION MRCB SHARES THROUGH BANK RAKYAT. EPF & TABUNG HAJI  EXERCISED ALL RI SHARES ALOTTED.

9) DIRECTORS/INSIDERS HAVE TAKEN UP RI SHARES.

10) RIGHTS ISSUE OVERSUBSCRIBED BY 7.3%

11) ALSO ALL THE GOOD NEWS YET TO COME FOR MRCB UNLIKE DRB

12) IN 2018 BUDGET SPEECH PM NAJIB SINGLED OUT THE SCRAPPING OF EDL TOLL TO SAVE MRCB JUST LIKE HE DID FOR PROTON OF DRB

SO THIS IS THE TIME TO BUY MORE MRCB MOTHER AND WARRANT.

GOOD LUCK

I bought DRB C30 at12 Sen. Took profit after price surged 200% to 36 sen.  All the positive factors have boosted DRB share prices. ALL THE BULLISH FORECASTS ALREADY OUT BY IB AND RESEARCH HOUSES LIKE RHB-OSK, CIMB & HONG LEONG SECURITY. AND THE MAJORITY 90% OF MR MARKET NOW BULLISH I THINK THE UPSIDE FOR DRB C30 TO GO UP FROM 36 SEN TO RM1.08 FOR ANOTHER 200% RISE FROM HERE IS DIFFICULT.

SO I AM SELLING IT IN EXCHANGE FOR MRCB WARRANT B

I HAVE A TARGET PRICE FOR MRCB WARRANT B AT RM1.00 WHEN MRCB MOTHER SHARE REACHES RM1.80 WHICH IS HIGHLY POSSIBLE

PLEASE BUY AND HOLD TIGHT UNTIL ALL THE GOOD NEWS UNFOLD ONE BY ONE FOR MRCB IN COMING DAYS, WEEKS AND MONTHS TILL GE14  ELECTION WHICH MUST BE CALLED BY AUGUST 2018 – ONLY LESS THAN 10 MONTHS MORE

 

REGARDING “THE STORY OF BJ CORP” IT IS STILL UNDER CONSTRUCTION. THERE ARE MORE THAN 10 PERSONS INVOLVED, SPANNING A 20 YEAR PERIOD,  AND ALSO MANY LESSONS. PLEASE BEAR WITH CALVIN

 

THANK YOU

WARMEST REGARDS

Calvin Tan

Jurong West, Singapore

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