DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.02

Today's Change

-0.01 (0.97%)

Day's Change

1.00 - 1.03

Trading Volume

1,736,400


28 people like this.

25,540 comment(s). Last comment by Good123 3 days ago

Posted by commonsense > 2018-12-15 06:54 | Report Abuse

Hi joan123,

True on the export potential. Maybe Malaysia was never a main target for Geely just a testing ground and a platform for their Asean ambition.

Hi balvin71,

Thanks for the update on the tanjung malim factory. Do you know why the delay? Is it physical structural delay or just strategic delays? From my understanding they are still negotiating with some of the local autoparts suppliers on the costing. For example, they are still negotiating with MBMR on the per unit price to supply alloy wheels for the X70. Not sure for other suppliers. So the production might need to wait until they get all the auto component supply ready first.

Posted by commonsense > 2018-12-15 17:45 | Report Abuse

Hi balvin71,

Apparently based on the original plan, the production plant in Tanjung Malim was initially set to be completed in by early Feb 19 (as per what you had highlighted). But production will only start in September 19.

https://paultan.org/2018/10/10/proton-invests-rm1-2-billion-for-production-of-new-x70-and-next-gen-models/

But then on 21st Nov the deputy CEO of Proton, mentioned during the KL International Auto Conference that the plant will only be completed in 4Q19 (calendar year). Not sure if production can start straight away or it will also be by another 6 months to 1H20.

https://www.thestar.com.my/business/business-news/2018/11/22/proton-to-complete-plant-expansion-next-year/

Regard

jolow

652 posts

Posted by jolow > 2018-12-15 22:32 | Report Abuse

This counter only worth 80 cents

Kim

4,343 posts

Posted by Kim > 2018-12-15 22:40 | Report Abuse

EPF already knew the news. They collected the cheap sales edi.. see on nextweek. =)

pang72

51,503 posts

Posted by pang72 > 2018-12-16 08:35 | Report Abuse

Doing so many advertisement and then priced at rm99k.
Who want to buy expensive proton.
DRB can put into freezer for another 10 years.

cheeyong

460 posts

Posted by cheeyong > 2018-12-16 08:56 | Report Abuse

At this price, buy toyota innova better, bigger space than x70..

signalmw

3,314 posts

Posted by signalmw > 2018-12-16 19:57 | Report Abuse

1.5 in

Posted by BULL1000BEAR1000 > 2018-12-17 00:40 | Report Abuse

This generation is not stupid

pang72

51,503 posts

Posted by pang72 > 2018-12-17 00:46 | Report Abuse

Wait for produa SUV...cheaper price...
Drb bye bye

Posted by BULL1000BEAR1000 > 2018-12-17 12:19 | Report Abuse

Genius. Let's buy minion size car for 70k and Proton for over 100k. Very very clever.

Pang

269 posts

Posted by Pang > 2018-12-17 22:02 | Report Abuse

X70 a good buy. Technology from China with Proton logo

jolow

652 posts

Posted by jolow > 2018-12-17 22:09 | Report Abuse

Too expensive for a china car.
Won’t sell good. Sure down the share price.

Pang

269 posts

Posted by Pang > 2018-12-17 22:16 | Report Abuse

Kampung mentality.

Posted by BULL1000BEAR1000 > 2018-12-18 11:50 | Report Abuse

Kena tipu

aajjvb

35 posts

Posted by aajjvb > 2018-12-18 16:04 | Report Abuse

Is LBTH paring down their stakes?

antidebt

453 posts

Posted by antidebt > 2018-12-20 22:20 | Report Abuse

X70 Sudah Masuk longkang

Posted by Nicholasming91 > 2018-12-24 09:20 | Report Abuse

Quite tempting price

Pang

269 posts

Posted by Pang > 2018-12-27 10:26 | Report Abuse

q for test drive is long especially holiday

Haw Liao

1,152 posts

Posted by Haw Liao > 2018-12-28 05:25 | Report Abuse

invest money in asb better...

hng33

20,491 posts

Posted by hng33 > 2018-12-28 12:13 | Report Abuse

bought DRB at 1.68

Posted by FullTimeTrader > 2018-12-31 09:54 | Report Abuse

https://klse.i3investor.com/servlets/fdnews/246452.jsp.
It's amazing but only if u know how to do some simple calculation.

Posted by BULL1000BEAR1000 > 2019-01-03 12:58 | Report Abuse

Perodua Aruz arrived

Posted by dayTrader188 > 2019-01-03 21:24 | Report Abuse

"The inventory of Geely’s best-selling compact crossover SUV, Boyue, has risen to over three months, while that of its luxury brand Lynk & Co has reached more than a month, Morgan Stanley said in its report."


Read more at https://www.thestar.com.my/business/business-news/2019/01/03/more-than-us$1bil-wiped-off-china-car-titan-geely/#LxWLSS3x7JlyBCIk.99

kieus7663

98 posts

Posted by kieus7663 > 2019-01-03 22:17 | Report Abuse

For HATERS ... pls join this group!
https://www.facebook.com/groups/2037636193146427/?ref=bookmarks

please see how many ppls keep complaint and eager to receive their new car for Chinese new year..

SejukSaam

133 posts

Posted by SejukSaam > 2019-01-07 22:46 |

Post removed.Why?

hng33

20,491 posts

Posted by hng33 > 2019-01-08 15:52 | Report Abuse

sold back DRB at 1.79-1.80

Striker90

2,617 posts

Posted by Striker90 > 2019-01-09 12:28 | Report Abuse

Strongly suggest you all to follow Proton x70 community group in Fb to see how excited and respond of getting their new car, check YouTube on car review, and see the 4s branches everyday full of ppl test driving the car

Striker90

2,617 posts

Posted by Striker90 > 2019-01-09 12:29 | Report Abuse

Ride on the bull, market revive although we don’t know for how long, but once the China us trade deal settle, real show is coming

Striker90

2,617 posts

Posted by Striker90 > 2019-01-09 12:30 | Report Abuse

Btw hng sifu, why selling ? Maybe ur cost lower at 1.7?

Posted by BULL1000BEAR1000 > 2019-01-09 14:42 | Report Abuse

Sifu you sifu me

Striker90

2,617 posts

Posted by Striker90 > 2019-01-09 19:27 | Report Abuse

No argument, follow the facts

kevinobc

1,091 posts

Posted by kevinobc > 2019-01-10 11:48 | Report Abuse

EPF is coming

yongch

1,104 posts

Posted by yongch > 2019-01-15 20:59 | Report Abuse

Tonite perodua New suv out for test drive plus free buffet makan...shiok ah!!!!proton jialat lo!!!!tp1.0!!!

MainBesar

969 posts

Posted by MainBesar > 2019-01-16 08:40 | Report Abuse

New produa well below x70 guo... kikiki

4444

1,800 posts

Posted by 4444 > 2019-01-16 09:22 | Report Abuse

Aruz RM 72.9K better sell.

4444

1,800 posts

Posted by 4444 > 2019-01-16 09:23 | Report Abuse

New car project different from Proton: no bailouts, says minister
https://www.freemalaysiatoday.com/category/nation/2019/01/16/new-car-project-different-from-proton-no-bail-outs-says-minister/

4444

1,800 posts

Posted by 4444 > 2019-01-16 09:29 | Report Abuse

Proton to close shop since govn no bailout?

MainBesar

969 posts

Posted by MainBesar > 2019-01-16 11:33 | Report Abuse

Big papa geely laaa bro...

Infiltrader

1,463 posts

Posted by Infiltrader > 2019-01-17 20:58 | Report Abuse

Proton Holdings Bhd's indirect wholly-owned subsidiary Proton Automobiles China Ltd (PACL) has been slapped with a civil suit in China's Guangdong High People’s Court by a former Chinese partner, claiming RMB860.61 million (RM522.91 million).

PACL and another unit Perusahaan Otomobil Nasional Sdn Bhd (PONSB) were named as defendants in the civil complaint served by Goldstar Heavy Industrial Co Ltd. The two companies have to appear in court on July 9.

Posted by Laikhengsoon > 2019-01-17 21:40 | Report Abuse

Tomorrow enter

Posted by Laikhengsoon > 2019-01-17 21:41 | Report Abuse

At lower price

Posted by FullTimeTrader > 2019-01-17 21:49 | Report Abuse

No wonder price could not goes up despite a lot of good news

freddiehero

16,722 posts

Posted by freddiehero > 2019-01-18 08:06 | Report Abuse

wah still cant break 1.95?

YongKhai

48 posts

Posted by YongKhai > 2019-01-18 09:14 | Report Abuse

subsi kena lawsuit in China, RM 520M. IDSS opportunity?

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