Posted by ImFromTheFuture > 2020-04-20 21:58 | Report Abuse

so you guys are on the same side. chill

Posted by Godofgambler > 2020-04-21 01:54 | Report Abuse

Sorry ammar i read too fast..
Drb got Honda and Proton...both doing good...
Honda going to launch alot new models this year

Posted by ImFromTheFuture > 2020-04-21 15:28 | Report Abuse

woah discount price today

Posted by Stockhunter88 > 2020-04-21 15:30 | Report Abuse

Almost everything is in the disounted price today, maybe tomorrow too

Posted by ImFromTheFuture > 2020-04-21 15:32 | Report Abuse

a second chance for people who missed the boat I suppose

Posted by char1234 > 2020-04-22 06:55 | Report Abuse

cars ....will people be spending on this during uncertain time ??

Posted by RedEagle > 2020-04-22 07:10 | Report Abuse

"Harga minyak jatuh ke negatif!" "Habis lah!"

Rileks, harga minyak mentah sedunia memang jatuh teruk, tapi yang jatuh 306% jadi $-37.63 setong tu cuma harga bagi "West Texas Intermediate" (WTI) keluaran US.

Untuk minyak Brent (keluaran Shell UK), harga masih positif, dalam $25. Harga minyak "Tapis" keluaran Malaysia pun masih $28, jatuh 1.7% je.

Minyak mentah ni macam kurma juga. Lain tempat lain keluaran, walaupun semua dikenali sebagai kurma. Ajwa tu keluaran Madinah, Deglet Noor Algeria, Medjool dari Morocco. Kualiti pun lain-lain.

Minyak mentah pula, selain WTI dan Brent, ada juga ESPO (Rusia), Urals (Rusia), Maya (Mexico), Minas (Indonesia) dan macam-macam lagi. Keluaran Malaysia selain "Tapis" ada juga "Bintulu Condensate", "Miri" dan lain-lain. Kualiti berbeza-beza ikut kandungan sulfur ("sweet" atau "sour") dan graviti ("heavy" atau "light").

Minyak WTI ni "sweet" dan "light", ramai suka beli, sebab tu harganya dijadikan "benchmark" dan dilaporkan dalam berita setiap hari bersama-sama Brent. Tapi harga WTI tak mewakili semua minyak yang ada di pasaran.

Yang lebih penting, kita kena faham minyak mentah ni didagang pakai "futures" atau kontrak ke hadapan. Katakan kau nak stok minyak pada Mei 2020, kau kena order semasa April.

Minyak mentah ni pembeli dia adalah syarikat-syarikat pemprosesan minyak. Diorang tak beli on the spot tapi beli in advance pakai "futures" supaya boleh manage risiko perubahan harga.

Yang jadi negatif ni adalah kontrak untuk penghantaran Mei. WTI ni bersifat "physical delivery", kau order untuk Mei, minyak tu secara fizikal sampai kat kau selaku pemegang kontrak Mei.

Gila apa, time-time ni siapa nak pakai minyak. Stok minyak masih berlambak sebab hampir satu dunia masih dalam lockdown. Kereta tak leh jalan, kapal terbang tak leh terbang, nak buat masak pun tak boleh walaupun "sweet" konon.

Jadi, disebabkan kontrak untuk Mei 2020 akan expire pada esok waktu tempatan US (21 April 2020), orang just lepaskan kontrak tu tak kisah apa harga. Better rugi duit kontrak dari minyak tu hantar kat kilang kau. Sebab tu harga jatuh ke negatif.

Kalau Brent tak jadi macam tu sebab dia boleh "roll over", tak nak kontrak Mei boleh jual ganti dengan kontrak Jun. Sebab tu tak ada masalah yang sama.

Tapi harga kontrak WTI untuk Jun sebenarnya masih OK, masih di paras $20, dan akan naik selepas itu sebab minggu lepas negara OPEC (yang diketuai Saudi) dan bukan OPEC (seperti Rusia dan US) dah capai persetujuan potong bekalan sebanyak 9.7 juta tong sehari (10% daripada jumlah keluaran dunia) untuk bulan Mei dan Jun.

Harga minyak ditentukan oleh supply dan demand, kalau harga jatuh sebab demand jatuh, maka negara-negara pengeluar minyak volunteer untuk cut supply supaya naikkan harga balik.

Tapi apa pun, berita minyak negatif ni adalah good reminder bahawa "the era of oil is coming to an end".

Dan untuk tahun-tahun akan datang, "cheap oil" akan jadi "new normal".

Akan ada banyak syarikat-syarikat minyak kecil yang lingkup setahun dua ni dan dibeli oleh syarikat-syarikat besar.

Macam dulu pasaran minyak dikuasai oleh "Seven Sisters" (BP, Shell, SoCal, Gulf Oil, Texaco, Exxon, Mobil), selepas kejatuhan harga minyak 1980-an tinggal jadi Four Sisters saja: SoCal, Gulf Oil dan Texaco bergabung jadi Chevron (pemilik Caltex), Exxon dan Mobil bergabung jadi ExxonMobil (pemilik Esso).

Dulu harga minyak mahal sebab minyak dulu scarce resources. US sampai nak berperang dengan Iraq untuk dapatkan stok minyak. Now korang bagi minyak free kat US pun belum tentu diorang nak. Lambakan minyak tu yang jadi harga negatif tu.

Sejak zaman Obama (2009-2017), US mula menghasilkan shale oil untuk ganti pergantungan kepada minyak petroleum, dan sekarang US adalah pengeluar minyak terbesar di dunia. Shale oil ni punya supply almost limitless, tak macam petroleum sekali gali habis. So basically harga minyak tak akan kembali ke zaman kegemilangannya lagi.

Sebab tu Saudi semua kena longgarkan cara hidup konservatif diorang untuk tarik pelaburan asing.

Brunei pun mula kena berfikir pasal "diversification" (pempelbagaian) ekonomi. "Oil is a curse". Kebergantungan kepada minyak bukan saja lambatkan negara jadi negara industri jadi negarta maju, malah ia akan menggugat kelangsungan hidup negara di zaman new normal.

Posted by ImFromTheFuture > 2020-04-22 08:29 | Report Abuse

i believe the negatives have been priced in at this price. to answer your question, in the near future we can expect car sales to drop, but share price wont drop alrdy

Posted by ImFromTheFuture > 2020-04-22 08:31 | Report Abuse

u can try estimating the eps of next quarter too, next quarter covers jan,feb,march, and proton made big sales on jan and feb, analyst says those sales are enough to cover march mco slowdown

Posted by Titus Kp > 2020-04-22 09:54 | Report Abuse

seems like not much interest in this stock

Posted by Reiko8 > 2020-04-22 10:16 | Report Abuse

Morning everyone .what is the price should.i buy?

Posted by ImFromTheFuture > 2020-04-22 10:20 | Report Abuse

hmm reiko that is ultimately up to you. but I suggest looking at the chart to determine ur entry point

Posted by ImFromTheFuture > 2020-04-22 15:01 | Report Abuse

discount is over. continuing uptrend :^)

Posted by SmoothDriving > 2020-04-22 23:39 | Report Abuse

Tomorrow sentiment expect to be good, DRB will continue uptrend 1.60.....2 is on the way

Posted by noobietrader69 > 2020-04-23 15:06 | Report Abuse

Hi all my fellow DRB-HICOM comrades,
We shall enjoy a 100-150% profit by Q2 2021, I can see the future

Posted by noobietrader69 > 2020-04-23 15:16 | Report Abuse

Current price 1.4x - Let's see whether what i said is correct.

Posted by kl_guy > 2020-04-23 20:01 | Report Abuse

Once MCO over, proton will launch it x50 model . estimate price will be rm75k - rm85k ,
might be lower with current economy buying power. question is when MCO be lifted ?

Posted by birkincollector > 2020-04-23 20:50 | Report Abuse

can launch wat ever model they want..but who will buy? the rich one not buying proton...the potential buyers now all rather keep money

Posted by balvin71 > 2020-04-24 08:32 | Report Abuse

MCO extended. Factories closed another 2 weeks. Possibly till Raya, which is the peak selling month for cars. Proton, Honda, Isuzu, DefTech, Pekan & other parts manufacturing, Education division, Property all shut. Only Pos Malaysia, Bank Muamalat & Puspakom will be in operation. Expected a loss making year.

Posted by investortrader88 > 2020-04-24 10:32 | Report Abuse

drb stand strong on red sea. :D)

Posted by kl_guy > 2020-05-01 10:33 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/01/proton-the-only-carmaker-to-post-q1-sales-growth

Posted by kl_guy > 2020-05-01 10:34 | Report Abuse

positive news on drbhcom. read above.

Posted by addy > 2020-05-02 13:12 | Report Abuse

engine made in china

Posted by mike168 > 2020-05-04 15:08 |

Post removed.Why?

Posted by mr91wa > 2020-05-05 10:57 | Report Abuse

5 May, Kenanga Research released an updated TP for DRBHCOM. (MP, TP 1.40)

Valuation basis: SoP Valuation (implying PER of 24x, on FY20E EPS)

The share price has surged 18% since our last OP call in strategy report dated 2nd April 2020. With the extension of MCO until May 12th, there were no sales recorded for April 2020, which could negatively impact its 1HCY2020 performance. Thus, we downgrade it to MP from OP with a lower TP of RM1.40 from RM1.90. Proton X70 CBU was rolled out on 12th December 2018, and the CKD version (RM4k-5k cheaper than CBU) was rolled out on 12th February 2020, in between the launching of face-lifted existing models’ variants.

For 2H20, Proton will launch Proton X50 (Geely Binyue). Proton recorded higher CY19 sales at 100,183 units (+56%) and is targeting stronger 2020 at 132k units (+32%), while Honda continued to record weak sales at 85,418 units (-17%) due to stiff competition from local carmakers. Nevertheless, with the MCO in effect and the ensuing economic contraction, Proton sales could be negatively affected and may not achieve its target.

Posted by Value888 > 2020-05-05 11:20 | Report Abuse

DRB will shine. Time is bad, people buy cheaper car like Proton.

Posted by Value888 > 2020-05-05 13:45 | Report Abuse

Interest will be reduced. The most sellable car in Malaysia, Proton, will fly.

Posted by Value888 > 2020-05-05 15:16 | Report Abuse

OPR cut to 2%!

Posted by Picanto > 2020-05-05 17:49 | Report Abuse

Cheap interest, bad economy, best time for Proton and the launch of x50 would be a game changer.

Posted by Value888 > 2020-05-06 12:07 | Report Abuse

X50 estimated when?

Posted by investortrader88 > 2020-05-08 20:29 | Report Abuse

Top 25 shareholders own 80.24% Drb- Hicom Berhsd

Etika Strategi Sdn. Bhd.

55.92%

Employees Provident Fund of Malaysia

8.92%

Lembaga Tabung Haji

2.59%

Eastspring Investments (Singapore) Limited

2.04%

Principal Asset Management Berhad

1.59%

The Vanguard Group, Inc.

1.35%

Dimensional Fund Advisors L.P.

1.3%

Kenanga Investors Berhad

0.63%

BlackRock, Inc.

0.58%

Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments

0.57%

Tai Tak Estates Sendirian Berhad

0.57%

Norges Bank Investment Management

0.57%

Teachers Insurance and Annuity Association of America - College Retirement Equities Fund

0.51%

State Street Global Advisors, Inc.

0.46%

Prudential plc, Asset Management Arm

0.43%

Bank Negara Malaysia National Trust Fund

0.4%

Citaria Sdn Bhd

0.36%

Grantham Mayo Van Otterloo & Co. LLC

0.34%

Kumpulan Wang Persaraan

0.3%

RHB Asset Management Sdn Bhd

0.24%

UOB-OSK Asset Management Sdn. Bhd.

0.22%

AXA Investment Managers S.A.

0.15%

Pacific Investment Management Company LLC

0.088%

First Trust Advisors L.P.

0.071%

Kenanga Islamic Investors Berhad

0.057%

Show less

Posted by Pradeep Kumar > 2020-05-13 14:50 | Report Abuse

Vert soon uptrend

Posted by Pradeep Kumar > 2020-05-13 15:26 | Report Abuse

It will be better then Perodua

Posted by Pradeep Kumar > 2020-05-13 15:27 | Report Abuse

Proton in terms of profit had improved

Posted by param54 > 2020-05-13 15:49 | Report Abuse

all runn

Posted by Value888 > 2020-05-14 11:15 | Report Abuse

collect more.

Posted by spchia > 2020-05-14 22:18 | Report Abuse

Is time to boom up

Posted by Value888 > 2020-05-15 11:56 | Report Abuse

Good chance to collect more. Low interest rate, good for Proton. Because of Covid, more people want to have personal car rather than expose to risk in public transport. DRB Hicome stock will fly.

Posted by pradeep > 2020-05-18 13:02 | Report Abuse

Once CMBO relaxed DRB will fly

Posted by pradeep > 2020-05-18 13:03 | Report Abuse

Under value stock

Posted by spchia > 2020-05-18 13:19 | Report Abuse

Agree.

Posted by Stockhunter88 > 2020-05-18 13:22 | Report Abuse

Drb and bauto.. Sure fly right after cmco..

Posted by Stockhunter88 > 2020-05-18 13:23 | Report Abuse

Low opr is always good factor for auto industry

Posted by param54 > 2020-05-19 09:37 | Report Abuse

still cannot breakout.foreign funds keeping selling

Posted by waikee > 2020-05-19 10:06 | Report Abuse

car dealer friend say bank now stop make loan for secondhand car

Posted by waikee > 2020-05-19 10:06 | Report Abuse

how about new car loan ?

Posted by Value888 > 2020-05-19 11:27 | Report Abuse

Yea, will fly. Pent up demand. Look at China, spike up. Proton will sell more, because more affordable & good design.

Posted by Smallretailer > 2020-05-19 11:31 | Report Abuse

Not only that. Pos will post higher earnings. Banks will recover. Project this counter will be boosted around august or november

Posted by pradeep > 2020-05-19 12:46 | Report Abuse

Smallretailer i agree with your opinion maybe something cooking

Posted by pradeep > 2020-05-19 12:47 | Report Abuse

Anyhow fundamental intact