DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.03

Today's Change

0.00 (0.00%)

Day's Change

1.02 - 1.03

Trading Volume

1,187,400


28 people like this.

25,540 comment(s). Last comment by Boyour 4 hours ago

ks55_

569 posts

Posted by ks55_ > 2017-06-24 14:55 | Report Abuse

DRB is not only 1 ctr in Bursa and not cheap.

LOO99

1,631 posts

Posted by LOO99 > 2017-06-24 15:29 | Report Abuse

Buy proton because business potential n future expansion

LOO99

1,631 posts

Posted by LOO99 > 2017-06-24 17:24 | Report Abuse

If ploton model cannot sell..geely also suffer..drb must be so happy because now any losses will be share with geely.

sctan

468 posts

Posted by sctan > 2017-06-24 18:11 | Report Abuse

geely can bring in their own models to malaysia and asean under drb umbrella. so geely suffer?

LOO99

1,631 posts

Posted by LOO99 > 2017-06-24 18:24 | Report Abuse

Li su fu or Najib is not so stupid to jv stupid business...there are so many business ventures to do than to risk for stupid reason. Both of them either Li su Fu or najib hope this jv will benefit them. Li su fu busines n najib political survival will be at stake with this jv.

LOO99

1,631 posts

Posted by LOO99 > 2017-06-24 18:50 | Report Abuse

The reason ur give that this jv so bad to drb is so simple..even primry school children can understand the logic ur give..it could be right but of course in this venture there is the advantages n disavantages to be considered. Both team have been working out on this jv to be materialise for months or years..both sides had to consider everthing. They have their team of expert in finance n etc.. Investors more like to read or hear comments from Invesment Banks ..Fund Managers research on this matter. Some may neutral n some see this as good move n positive for DRB. And of course najib said this is the best action taken by the goverment.

Huat168

118 posts

Posted by Huat168 > 2017-06-24 18:57 | Report Abuse

Guhai, if you are the businessman, maybe you will do like what you said. Only short eyeing on the current benefit but not from the business future plan. You maybe can win once or twice, but it won't work as a long run. Others are not stupid also. When geely buy on Volvo, no people believe also this Lee shu fu can success. But what is latest performance for Volvo?

smartly

6,441 posts

Posted by smartly > 2017-06-24 19:25 | Report Abuse

next week limit up !!!

wongchin

1,006 posts

Posted by wongchin > 2017-06-24 20:11 | Report Abuse

Maybe limit down. Hehe

weiijiing

15 posts

Posted by weiijiing > 2017-06-24 21:00 | Report Abuse

EPF is accumulating. Perfect time to jump in. :D

OMGGGG

29 posts

Posted by OMGGGG > 2017-06-24 21:14 | Report Abuse

maybe sell on news

Posted by Suinuj90 > 2017-06-24 21:22 | Report Abuse

Geely share already up, should drb going up too?

balvin71

1,154 posts

Posted by balvin71 > 2017-06-24 22:08 | Report Abuse

Wednesday we will know...in the mean time Selamat Hari Raya & Happy Holidays everyone.

7skies

375 posts

Posted by 7skies > 2017-06-24 23:22 | Report Abuse

Selamat hari raya maaf zahir batin geng & happy holidays evry1!!!

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-06-25 05:02 | Report Abuse

Big angpow coming On the way make everyone happy to celebrate Raya.

ryong92

384 posts

Posted by ryong92 > 2017-06-25 07:37 | Report Abuse

Sell on news. Don see changes in coming quarter. May lock for a year

henry888

2,247 posts

Posted by henry888 > 2017-06-25 08:53 | Report Abuse

before news not goreng, afer news must goreng.

Posted by stockkking > 2017-06-25 09:07 | Report Abuse

Geely proton drb
All dancing together now
Bum bum ciak ciak
Bum Ciak ciak
Bum

newbie18

127 posts

Posted by newbie18 > 2017-06-25 10:52 | Report Abuse

EPF in out many times. This time sell and never look back? Even HLIB TP reduced.

weiijiing EPF is accumulating. Perfect time to jump in. :D
24/06/2017 21:00

Lkl888

363 posts

Posted by Lkl888 > 2017-06-25 16:03 | Report Abuse

GE14 coming as a cataltst to GLC stocks like DRB. Showtime on Wed. 28/6/17

Posted by cheshirecat > 2017-06-25 16:28 | Report Abuse

Hi guys! Let's tango together ! ! ! !

sitia

1,261 posts

Posted by sitia > 2017-06-25 19:27 | Report Abuse

Geely venturing into automobile with DRBH. What are the purposes as they have so many good brand cars in their hands. ?

I think they acquire DRBH shares are only means of LOTUS technology. PROTON brands is never in their mind. Proton is in the drain 10 years ago already lah. It is only Malaysian especially the rising low income group who can buy the cars as it's cheap compared to other cars.

How many people can buy Lotus cars in the market?

Overall, cannot expect DRBH price to go any higher after Raya. The news of signing the contract in between DRBH and Geely already factored into the share price.

Time to move onto another better counters.

Lkl888

363 posts

Posted by Lkl888 > 2017-06-25 19:38 | Report Abuse

Sour grapes lah!

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-06-25 19:57 | Report Abuse

everytime I only heard sour grapes, sweet oranges don't have ar? hahaha

Lkl888

363 posts

Posted by Lkl888 > 2017-06-25 20:21 | Report Abuse

Those who are holding DRB are equivalent to holding sweet oranges from China!

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2017-06-25 20:36 | Report Abuse

I think sitia missed the boat...all of the nonsense appearing as though you are like analysist...cmmon bro...IB have put a TP of above RM2...Geely is not stupid as u think...they are eyeing on the ASEAN market shares which back in China....export of passenger car is highly taxable.With the inclusion of geely into DRB they are tapping into an unprecedented huge market in coming years...Get your fact right dude!!

Posted by stayfocused > 2017-06-25 21:17 | Report Abuse

@Sitia before I jump to other counters, pls watch me walk to the bank this Wednesday =)

ryong92

384 posts

Posted by ryong92 > 2017-06-25 21:51 | Report Abuse

Set high tp and sell to u. Let u chase high. Set low to because they want to acquire

yongch

1,104 posts

Posted by yongch > 2017-06-25 22:14 | Report Abuse

Really make all laugh....from high debts till coming cash rich,more over big land in shah alam n waiting bank mualat to sell ...don u realized their offerings 4.5%per annum FD rate highest in market!!!means soon the big boss will sell off his half share following bnm last remider...tp2.0 is a minimum lo...kikiki...heng ah!Ong ah!!Huat ah!!!nin kali lo!!!kikiki...

iswara

896 posts

Posted by iswara > 2017-06-25 23:18 | Report Abuse

TP1 2.2 ~ 2.5

henry888

2,247 posts

Posted by henry888 > 2017-06-26 06:23 | Report Abuse

Is a big funny price will sell down as people want to sell already can sell at the range of 1.75 to 1.80.before the news. why have to wait for the confirmed signing of the definitive Agreement whilst taking the risks of the definitive Agreement not signed.

Lkl888

363 posts

Posted by Lkl888 > 2017-06-26 15:38 | Report Abuse

Proton will have zero debt with banks, saving substantial amount of money in interest. DRB is indirectly " bailed out " by the gov.@Geely

LOO99

1,631 posts

Posted by LOO99 > 2017-06-26 16:24 | Report Abuse

Electric vehicles is not cost effective..even developed countries cant afford it..

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-06-26 18:35 | Report Abuse

By then, petrol become cheaper back to old days a litre cost less than 1.30..hybrid battery tough to maintain and costly. There are pros and cons.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-06-26 18:37 | Report Abuse

Why sell at 1.82, it's been three times reaching 1.82highest 1.86 that mostly did not let go even if it touch 1.95

ivankvs

517 posts

Posted by ivankvs > 2017-06-26 18:52 | Report Abuse

Se

balvin71

1,154 posts

Posted by balvin71 > 2017-06-27 12:09 | Report Abuse

Market had taken in account the Geely Proton partnership and DRB shares was trading in the range of RM1.75~1.80. Market didn't take into account the RM1.1 billion R&D reimbursement. This is worth about 0.57 per share. To me the short term TP should now be a minimum of 2.32~2.37.

Should actually be higher as now with definitive agreement signed, removes all uncertainty and any discount put on the valuation due to the uncertainty.

Long term, this counter can go back to it's glory days.

FGV_

513 posts

Posted by FGV_ > 2017-06-27 14:37 | Report Abuse

Proton has about 240 vendors, with almost 50,000 employees in its direct supply chain.
Read more at http://www.thestar.com.my/business/business-news/2017/06/27/national-car-makers-shift-to-top-gear-for-smother-drive/#dhDrkEj2uTTPJsEt.99

FGV_

513 posts

Posted by FGV_ > 2017-06-27 14:39 | Report Abuse

50,000 employees how much is Proton payroll a year? Can cover by existing car sales?

Posted by leslieroycarter > 2017-06-27 14:54 | Report Abuse

No way....to make profit even with Geely new SUV successfully put in market. The outflow is too big but limited inflow...

Posted by leslieroycarter > 2017-06-27 14:59 | Report Abuse

50000* rm 3000= 150 mi per month
12 months = 1.8 Billion
How much sales to generate 1.8 B if without Gov subsidy?

FGV_

513 posts

Posted by FGV_ > 2017-06-27 15:02 | Report Abuse

Yet to include bank borrowing interest.

newbie5354

555 posts

Posted by newbie5354 > 2017-06-27 15:29 | Report Abuse

Is Boyue latest car launched by Proton? How many bookings so far?

Lkl888

363 posts

Posted by Lkl888 > 2017-06-27 16:07 | Report Abuse

Proton losses will be cut by 49.9% for DRB. All banks loans of Proton will be paid. Geely will have no worry of paying banks interests but will concentrate on turn-around plan of making money for Proton. The plan will be out soon by Geely. Geely had such experience of turning around Volvo before.

newbie5354

555 posts

Posted by newbie5354 > 2017-06-27 16:30 | Report Abuse

June QR will end in 3 days. Will coming QR make money?

fl888

7,747 posts

Posted by fl888 > 2017-06-27 18:29 | Report Abuse

Likely for QTR June,2017, hefty impairment provision for outdated stocks and machinery will be carried out , which will put DRB in hot soup , if not for the FSP signed before June 30 , 2017 to nullify the bad situation.....

ivankvs

517 posts

Posted by ivankvs > 2017-06-27 19:49 | Report Abuse

.

app

60 posts

Posted by app > 2017-06-27 20:08 | Report Abuse

Geely HK stock already flying from HK$11 to HK$16 in a month. Drb go go go

rr88

6,532 posts

Posted by rr88 > 2017-06-27 21:17 | Report Abuse

1.1 bil cash injection. That s a lot of $. No one anticipated this $. Gap up big time tomolo.

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