DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.03

Today's Change

-0.02 (1.90%)

Day's Change

1.03 - 1.05

Trading Volume

569,100


28 people like this.

25,540 comment(s). Last comment by Good123 2 days ago

soonli

129 posts

Posted by soonli > 2020-07-21 22:26 | Report Abuse

Step by step. 2.00 first before talking too far.....

Eric Lim

508 posts

Posted by Eric Lim > 2020-07-22 15:30 | Report Abuse

TP 2.50 when X50 is annouced

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-07-22 17:47 | Report Abuse

X50 going to be super hot...

soonli

129 posts

Posted by soonli > 2020-07-22 20:56 | Report Abuse

Q2 result no need to show superb but better than Q1 is good enough cause Q2 being affected the most due to MCO. Can expect automotive section being hit the most in Q2 but cover by POS section.

Anyway expecting strong rebound in Q3 and Q4 due the reopening of business and news launching of X50.

If the share price can sustain at least 1.80 after Q2 results then the price will be heading to the north in Q3 onwards, by the time 2.50 shouldnt be any issue.

Looking forward on July sales data about automotive sector then will have more clues.

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-07-24 20:05 | Report Abuse

X50 X50 X50

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-07-25 06:54 | Report Abuse

X50 x50 x50

MaBadri

945 posts

Posted by MaBadri > 2020-07-25 13:14 | Report Abuse

masa dah tiba

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-07-25 19:57 | Report Abuse

Masa dah sampai....
Itu dia... Hemmmmsemmmmmm

smallkid91

518 posts

Posted by smallkid91 > 2020-07-27 01:16 | Report Abuse

Dont mean to be negative but remember to take next year into account.
Goodluck my fellow drbhicom-ians

soonli

129 posts

Posted by soonli > 2020-07-28 10:55 | Report Abuse

testing resistance 2.02 soon........

Posted by Itikipedia > 2020-07-28 12:50 | Report Abuse

X50 launch October

rbzhg88

42 posts

Posted by rbzhg88 > 2020-07-28 15:01 | Report Abuse

Started booking on August

dmksn

686 posts

Posted by dmksn > 2020-07-28 15:46 | Report Abuse

DRB will trigger superbull anytime once able sustain 1.98, 2.00 just a peanut wall :)

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-07-28 15:56 | Report Abuse

News out..
TP2.40
Then 3.00

snowy1

45 posts

Posted by snowy1 > 2020-07-28 20:33 | Report Abuse

What news Godofgambler?

smallkid91

518 posts

Posted by smallkid91 > 2020-07-29 16:25 | Report Abuse

@snowy1 news from nissan motors got la haha.

Protons July august sales definitely will look good.

But i think folks are balancing those with next years sales data prediction when the tax exemption are taken off.

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-03 14:01 | Report Abuse

X50 Coming

thesigncom

474 posts

Posted by thesigncom > 2020-08-03 15:10 | Report Abuse

rumour mill says Q2 2020 results almost on par with Q2 2019 despite tough quarter

soonli

129 posts

Posted by soonli > 2020-08-03 20:22 | Report Abuse

Lol rumous again , how reliable on the rumours ? Anyway I hope it's true :)

pradeep

1,324 posts

Posted by pradeep > 2020-08-04 00:18 | Report Abuse

KUALA LUMPUR (Aug 3): DRB-Hicom Bhd’s 50.1%-owned unit Proton Holdings Bhd has announced a campaign that provides fresh graduates an opportunity to own their first car with low hire purchase loan rates.

In a statement today, Proton said the campaign, launched by its unit Proton Commerce Sdn Bhd, only requires a letter of employment or a month’s salary slip in order to qualify for a loan, making it “very accessible”.

“Starting at just 2.98% the rate offered by Proton Commerce is currently one of the lowest in the segment. Basic requirements for a customer include being a graduate (minimum qualification diploma), aged 18-30 years and having a job with a minimum salary of RM1500.

“The offer will run until Dec 31, coinciding with the sales tax holiday currently being enjoyed by all Proton cars. The campaign is designed to help address the issues of mobility for those entering the job market,” it added.

According to Proton, a key deterrent for this segment of buyers has often been the ability to obtain a hire purchase loan without having the proof of income for three months, which is a common requirement for such loans.

Proton Commerce chief executive officer Mooi Fi Phang said the national carmaker is confident that this package will assist fresh graduates to own a car, as monthly repayments start from as low as RM239 per month.

The hire purchase industry, she said, is projected to experience a surge in the near future, as a result of recent reduction in the reduction of the Overnight Policy Rate and the exemption of sales tax for passenger vehicles.

“Therefore, in addition to the Fresh Graduate Campaign package, Proton Commerce also announced that as of July 7, it has reduced the overall offering interest rates to as low as 2.22%, based on customer creditability and margin of finance.

“This means customers would directly benefit as their lower monthly repayment would enable them to use the savings on essentials, and conserve some funds for emergencies,” she added.

dmksn

686 posts

Posted by dmksn > 2020-08-04 15:38 | Report Abuse

Ready go !

soonli

129 posts

Posted by soonli > 2020-08-04 18:35 | Report Abuse

As expected, huge rebound in June subsequent follow by july sales. And believe august/sept even more when x50 launched. Seat belt hold tight, drb is going to North with high speed soon.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-08-05 08:35 | Report Abuse

Announced good sales then follow by poorer results.

soonli

129 posts

Posted by soonli > 2020-08-05 13:36 | Report Abuse

poorer Q2 results is expected due to MCO, so thats not surprised. But Q3 and Q4 will be strongly rebound. Just hold till year end at least you will get reward.

smallkid91

518 posts

Posted by smallkid91 > 2020-08-06 10:55 | Report Abuse

Lol soonli.. next year sales estimates are bad though. I think hold until november need to eject d. :P

dmksn

686 posts

Posted by dmksn > 2020-08-06 11:38 | Report Abuse

rarely people will hold after qr unless they got fantastic entry price during march'20, but from the trend now its likely to go 2.1x.

snowy1

45 posts

Posted by snowy1 > 2020-08-07 13:50 | Report Abuse

https://www.klsescreener.com/v2/news/view/711635
Positive rating, news just released after market break.

Nancy Boon

183 posts

Posted by Nancy Boon > 2020-08-13 01:27 | Report Abuse

read always says good but until today still waiting.....sleeping counter. I been holding this share since 2017 until today 2020 ....Any advise please sell or keep thanks.

Nancy Boon

183 posts

Posted by Nancy Boon > 2020-08-21 10:49 | Report Abuse

today move 2.04 how high will it move......? waited...so long

RG1972

178 posts

Posted by RG1972 > 2020-08-21 12:25 | Report Abuse

Average TP is $2.5, so just wait. It will be here. Anyone know when the dividen issue?

yongch

1,104 posts

Posted by yongch > 2020-08-21 14:43 | Report Abuse

Dividend issued on 18/8/20.
Normally dividend out prices down but this times so different must b something good news going to announce,tp 2.50!!!!

howgan

241 posts

Posted by howgan > 2020-08-21 14:50 | Report Abuse

Bollinger band touch upper line indicate possible breakout and price move forward to RM2.15

snowy1

45 posts

Posted by snowy1 > 2020-08-21 23:00 | Report Abuse

https://www.klsescreener.com/v2/news/view/716191
Proton enters Kenya market. Hopefully this will open the doors to massive african continent. Looking forward to upward trend on Monday. Happy weekend all.

smallkid91

518 posts

Posted by smallkid91 > 2020-08-22 02:33 | Report Abuse

@nancyboon lol why did you buy into drbhicom in the first place? (Just curious)

DreamKaiser

1,314 posts

Posted by DreamKaiser > 2020-08-22 02:37 | Report Abuse

volume so small

DreamKaiser

1,314 posts

Posted by DreamKaiser > 2020-08-22 02:38 | Report Abuse

like this how to play

DreamKaiser

1,314 posts

Posted by DreamKaiser > 2020-08-22 02:38 | Report Abuse

susah sikit la

howgan

241 posts

Posted by howgan > 2020-08-23 12:16 | Report Abuse

More good news released, X50 nearly to launch,Technical analysis MACD hit golden cross seem price continue push up from RM1.78

willc48

722 posts

Posted by willc48 > 2020-08-23 20:12 | Report Abuse

again DRB Hicom is saved by the chinese just like when it first started then snatched away as though as Mahathir's brain child. However, I doubt Hicom financial numbers. Other models except X70 & X50 are not good.

Nancy Boon

183 posts

Posted by Nancy Boon > 2020-08-24 14:56 | Report Abuse

smallkid91 friends say good so buy lor.... ha ha real good ...... jialak ...keep until 2020 price come back but one day show then ....nothing happen wait again...

Nancy Boon

183 posts

Posted by Nancy Boon > 2020-08-25 13:13 | Report Abuse

boring counter.....

smallkid91

518 posts

Posted by smallkid91 > 2020-08-26 05:27 | Report Abuse

Your expectations are too high..
Its been quite a rally for many of us from 1.65->2 ...

5c0160

1,763 posts

Posted by 5c0160 > 2020-08-26 20:34 | Report Abuse

pos QR in red confirm drb QR also not good.

Posted by PahlawanKobid2020 > 2020-08-28 01:06 | Report Abuse

tomorrow got show ?

jibbie

762 posts

Posted by jibbie > 2020-08-28 17:23 | Report Abuse

next q better results

5c0160

1,763 posts

Posted by 5c0160 > 2020-08-28 18:15 | Report Abuse

370 million losses.

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