Posted by birkincollector > 2019-11-22 17:07 | Report Abuse

Not bad closed at 2.49!

Posted by andrew95 > 2019-11-22 20:42 | Report Abuse

yeah. sudden push at last minute

Posted by birkincollector > 2019-11-23 13:08 | Report Abuse

Pos starts to move up too. Next week ahould be good

Posted by Daily8 > 2019-11-24 17:07 | Report Abuse

result not yet out ah

Posted by birkincollector > 2019-11-25 16:59 | Report Abuse

Intersting. Someone push up to 2.49 at closing

Posted by Jerry Tan > 2019-11-25 17:28 | Report Abuse

Epf buy back

Posted by andrew95 > 2019-11-25 18:08 | Report Abuse

magical push at last min. hope tmr break above 2.5!

Posted by Kim > 2019-11-25 19:21 | Report Abuse

Tmr is the best day accumulate more.

Posted by birkincollector > 2019-11-27 15:57 | Report Abuse

damn hope not a boom results...zzz

Posted by onecall > 2019-11-28 09:15 | Report Abuse

Most likely a boom...

Posted by andrew95 > 2019-11-28 09:54 | Report Abuse

keep pressing down. is it significant bomb or just wanted to wash short term player

Posted by birkincollector > 2019-11-28 09:56 | Report Abuse

but EPF buying...zzz

Posted by Secret > 2019-11-28 09:57 | Report Abuse

Let move down to 2.2!!!

Posted by andrew95 > 2019-11-28 09:58 | Report Abuse

maybe EPF analyst wrong? now see whether u dare hold till QR or not. go big or go home

Posted by michaelwong > 2019-11-28 10:02 | Report Abuse

Could be the coming financial results in the red territory . Just strong good sales of proton under geely alone is insufficient to offset others lost making business conglomerate in drb . The recent one off gained is from disposal of non core performing entity . Should take more years to achieve full recovery .

Posted by birkincollector > 2019-11-28 10:05 | Report Abuse

u mean pos? it not enough to pull drbhcom in red....dunno about the others

Posted by andrew95 > 2019-11-28 10:09 | Report Abuse

the main revenue generated was from automobile. it shud can offset the loss making from POS

Posted by dmksn > 2019-11-28 10:10 | Report Abuse

Hahaha, press down before QR. Those operator just want to scare you and take your cheap ticket. Hold tight guys, don't be panic if you believe in drb power and fundamental.

Posted by dmksn > 2019-11-28 10:12 | Report Abuse

In opposite, POS came out with red QR but operator is pushed up the price just to create optimize signal to trap ikan bili.

Posted by andrew95 > 2019-11-28 10:15 | Report Abuse

yeahh. i believed strong automobile sector for Drb. even if QR nt so interesting. the price wont down much since it has been dropping for few days straight.

Posted by dmksn > 2019-11-28 10:17 | Report Abuse

Volume came in and support the price now. Either close flat or up/down 1-2 bid.

Posted by andrew95 > 2019-11-28 10:18 | Report Abuse

i just hope gt pull up and close with hammer. tats enough haha

Posted by birkincollector > 2019-11-28 10:55 | Report Abuse

Investment Highlights

October 2019 TIV was up 24% MoM and 14% YoY to 53.9K units. We believe that the higher sales volume in October this year was due to a longer working month and year-end promotional campaigns. Cumulatively, 10M19 TIV was down 1% to 496.9K units from 502.1K units in 10M18.

We note the following for major car marques’ October sales figures:

1) Perodua registered a total sales volume of 22.8K units (+34% MoM, +17% YoY). The Aruz SUV continued its strong position as the most popular SUV in Malaysia with 2.2K units sold for the month. YTD for 10M19, 24.4K units of the Aruz have been sold, ahead of its nearest competitor the Proton X70 at 22.2K units sold. In 10M19, 201.6K units of Perodua have been sold and it is well on track to achieve its full-year 2019 sales target of 235.0K units.

2) Proton delivered 9.5K units (+9% MoM, +87% YoY) in October, including 1.7K units sold for the X70. The total 10M19 sales for Proton stood at 79.4K units, recording a YoY growth of 61%. Proton maintained its position as runner-up in terms of YTD market share at 16.0%, ahead of Honda’s 14.4%. A total of 4.3K units of Proton Saga were sold in October, while for the 10M19 total units sold were 30.3K units (+26% YoY). Additionally, four new 3S/4S outlets has been added to the dealer network in October. Proton now has 108 3S/4S outlets.

3) Honda sold a decent 6.4K units (+11% MoM, -12% YoY). YTD, Honda sold a total of 87.1K units compared to 75.0K units in 10M18. Honda’s YTD market share of 14.9% anchored its position in the third place behind national carmakers Proton and Perodua. The 10th-generation Honda Civic 2019 facelift is currently open for bookings nationwide with a tentative launch in 4QCY2019. It will be priced from RM108.2K to RM128.7K.

4) Toyota sold 6.5K units (+23% MoM, +36% YoY) in October. The UMWH management highlighted that Toyota’s top three best-selling models for the month is the volume-driven Vios, Hilux and Yaris, comprising of circa 72% of total sales. We continue to be apprehensive on Toyota’s outlook in CY2020 due to our expectations of lower new launches next year while we anticipate competition to heighten in the passenger vehicle space with the expected launch of the all-new Nissan N18 Almera and the Honda City 2020. It is important to note that these two models serve as direct competitors to the Toyota Vios.

5) Mazda’s sales normalized after hitting a multi-year low in September, registering a total of 1.0K units (+122% MoM, - 39% YoY) in October. We believe that the monthly sales volume would hover around this level for the upcoming months, with the recent launch of its CX-5 facelift and the all-new CX-8. Upcoming launches this year for Mazda include the CX- 30 (December) and possibly the CX-3 CBU. This will be supportive of Bermaz’s earnings in 2HFY20. The CX-5 is priced from RM134.0K to RM178.0K in five variants while the CX-8 is priced from RM176.0K to RM214.0K in four variants.

The approval rate for loans on passenger cars slipped to 63.3% in September, a decrease of 0.3% from August but was higher than the average rate of 59.6% in 2018.
We continue to be optimistic on the national car marques Proton and Perodua while we stay cautious on the foreign and premium car brands as consumers change their preferences towards cheaper and better value-for-money vehicles.

Our top picks are DRB-Hicom (FV: RM3.18) and MBM Resources (FV: RM5.54) as they ride on the strong sales of Proton and Perodua vehicles which command the bulk of the market share in terms of TIV sales.

Source: AmInvest Research - 28 Nov 2019

Posted by andrew95 > 2019-11-28 11:12 | Report Abuse

yeah. I saw it. hope AM invest is right

Posted by edison8404 > 2019-11-28 11:33 | Report Abuse

Anyone at the AGM???

Posted by andrew95 > 2019-11-28 11:35 | Report Abuse

today drb AGM?

Posted by edison8404 > 2019-11-28 11:35 | Report Abuse

is today right

Posted by edison8404 > 2019-11-28 11:37 | Report Abuse

no wor

Posted by andrew95 > 2019-11-28 11:37 | Report Abuse

i tot Drb AGM already happend. on sept

Posted by birkincollector > 2019-11-28 11:59 | Report Abuse

damn lower

Posted by edison8404 > 2019-11-28 12:01 | Report Abuse

yeah... in September... I m newbie

Posted by edison8404 > 2019-11-28 12:01 | Report Abuse

why it is keep falling? hmm....

Posted by Secret > 2019-11-28 12:05 | Report Abuse

Gameover!

Posted by dmksn > 2019-11-28 12:17 | Report Abuse

Epic failed operator, big panic bomb but explosion power like mosquito bite.

Posted by andrew95 > 2019-11-28 12:27 | Report Abuse

hahaha. purposely wash retailers who panic sell. highly close hammer!

Posted by Ncm88 > 2019-11-28 12:32 | Report Abuse

Gold in the making 300m PAT. Definitely close red today like 2 QRs ago at 1.9

Posted by birkincollector > 2019-11-28 12:43 | Report Abuse

300m? Tats too optimistic? Lol

Posted by andrew95 > 2019-11-28 17:48 | Report Abuse

QR nt out yet

Posted by andrew95 > 2019-11-28 17:58 | Report Abuse

QR up. Yoy improved a lot. but qoq drop a little bit. recent price drop i think price in already. tmr highly go higher

Posted by birkincollector > 2019-11-28 18:00 | Report Abuse

its stabil....so have to see how mr market react liao

Posted by andrew95 > 2019-11-28 18:25 | Report Abuse

yeah. bare in mind the disposal from alam flora nt yet cash in for this quarter. next quarter will earn big for Drb as pos will increase tariff also next month

Posted by investortrader88 > 2019-11-28 21:25 | Report Abuse

https://www.theedgemarkets.com/article/thanks-proton-drbhicom-reports-rm40m-quarterly-net-profit

Posted by Kim > 2019-11-28 21:58 | Report Abuse

Good report but pulled down below 2.4 not so good.. ding dong again below 2.55.. same thing. The problems most of the counters came out with good report all selldown nowdays trending. I think drb also part of it.

Posted by andrew95 > 2019-11-28 22:14 | Report Abuse

i think recent price plundge already price in the quarter result liao. drb FA still good. NAP soon hv announcement liao. drb highly get benefited

Posted by michaelwong > 2019-11-28 22:27 | Report Abuse

Long term company prospect is very promising and rewarding with its profits contribution subsidiary under geely turnaround and same time with landbanks as assited assets in support in return for profits advantages . It needs one or two qr to put drb into the black after years of huge net lost .

Posted by Kim > 2019-11-28 23:23 | Report Abuse

@andrew95 @michaelwong ..ya agreed.. if our index 1610 above and sustain now more confident..even report are superb nowdays still not promising to perform better.
I predict drb will continue plung 2.40 - 2.60 range this year. But profits still those holding below 2.40. Cheers and good luck for tmr!

Posted by InvestorVSTraders > 2019-11-29 09:06 | Report Abuse

30 sept 2019 = CASH AND SHORT TERM INVESTMENTS: increase to 5,530.44M from 3,275.89M, Total Assets : increase 43,943.85M from 42,168.81M.. Total Debt : decrease from 7,291.44M to 6,520.62M

Posted by andrew95 > 2019-11-29 09:27 | Report Abuse

but still price get press down...

Posted by dmksn > 2019-11-29 09:59 | Report Abuse

summoning paktua

Posted by birkincollector > 2019-11-29 10:10 | Report Abuse

pos make losses dragged down drbhcom but pos still maintain the price yet drbhcom sold down...zzz