DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.37

Today's Change

-0.05 (3.52%)

Day's Change

1.36 - 1.41

Trading Volume

6,921,900

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

1.37

Avg Target Price

1.77

Upside/Downside

+0.40 (29.20%)

Price Call

0

SELL

8

HOLD

9

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
28 people like this. Showing 50 of 25,278 comments

Good123

KUALA LUMPUR: Foreign investors continued their trend of net buying on Bursa Malaysia, with an inflow of RM400.7 million, marking the third consecutive week of net purchases, said MIDF Research.

2024-02-13 10:00

Good123

Up 3sen. 1.37, 1.4++ anytime :)

2024-02-13 10:16

Good123

Buy rate 89%@RM1.37 now

2024-02-13 10:17

Good123

Who will be buying? China funds? :)

2024-02-13 10:18

Good123

Good also, geely or its founder holds 10% stake in drb like in mercedes. Can ask for a seat in the board of directors

2024-02-13 10:44

Good123

Better to acquire quietly like geely did to Mercedes

2024-02-13 10:45

Good123

Drb is cheap, PE is below 10, net assets per share rm3.91

2024-02-13 10:46

Good123

DRB-HICOM Berhad is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. Wikipedia
Subsidiaries: Proton Holdings, Puspakom, Edaran Otomobil Nasional, Pos Malaysia, More
Stock price: DRBHCOM (KLSE) RM 1.36 +0.02 (+1.49%)
13 Feb, 11:38 am MYT - Disclaimer
Parent organization: Etika Strategi Sdn. Bhd.
Headquarters: Shah Alam
Founder: Yahaya Ahmad
Founded: 2000
ISIN: MYL1619OO005
Number of employees: Approx. 47,000

2024-02-13 12:39

Good123

Shareholder Yield for DRBHCOM is ‎10.4%‏ and above peers

2024-02-13 14:04

Good123

52 week high was rm1.77 :)

2024-02-13 14:33

Good123

Up 3 sen dah. Esok another few cents, 1.4++ ;)

2024-02-13 14:35

Good123

Bank Muamalat Malaysia Berhad
https://www.muamalat.com.my/investor-relations
Bank Muamalat Malaysia Berhad – Shareholders
WebJan 24, 2024 · The shareholders comprise DRB-HICOM, which holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares. DRB-HICOM Berhad is …

2024-02-13 15:03

Good123

Bank Muamalat Malaysia has the potential for growth and success, given its focus on Islamic banking. With the increasing demand for Sharia-compliant financial services, the bank can capitalize on this niche market. Continuous innovation, customer-centric strategies, and adapting to industry trends will be crucial for unlocking its full potential in the evolving financial landscape.

2024-02-13 15:26

Good123

Proton + muamalat bank----> cool

2024-02-13 15:53

Good123

Restart?

Khazanah Nasional Bhd plans to divest its entire 30% stake in Bank Muamalat Malaysia Bhd in the proposed merger between the lender and Malaysia Building Society Bhd (MBSB), sources say.

2024-02-13 15:57

Good123

Ipo for bank muamalat, spin off from drb hicom. Baik jugak

2024-02-13 15:57

Good123

Up 3 sen.. Esok up 3 sen again = 1.40 dah

2024-02-13 16:46

Good123

Geely has been expanding its presence globally, acquiring brands like Volvo and investing in new technologies. While it may face competition, its strategic moves suggest potential for further growth in the global automotive market. Keep an eye on developments in the industry

2024-02-13 16:48

Good123

DRB-HICOM is a Malaysian conglomerate that operates in various sectors, such as aerospace, defence, automotive, banking, postal, and services¹. The company's share price has been on an upward trend since the beginning of 2024, reaching a 52-week high of RM 2.80 on February 13, 2024². Some of the factors that may contribute to the company's performance include:

- The successful completion of the sale of its 49% stake in Proton Holdings to China's Geely Automobile Holdings, which resulted in a net gain of RM 1.1 billion for the company³.
- The strong demand for its defence products, especially the AV8 Gempita armoured vehicles, which have been delivered to the Malaysian Army and exported to several countries in the Middle East and Africa⁴.
- The expansion of its postal and logistics business, which has benefited from the growth of e-commerce and the digital economy in Malaysia and the region⁵.

2024-02-14 08:44

Good123

Bank Muamalat is an Islamic bank in Malaysia that is 70%-owned by DRB-Hicom, a Malaysian conglomerate that operates in various sectors¹. DRB-Hicom acquired its stake in Bank Muamalat from Bukhary Capital, a company controlled by Tan Sri Syed Mokhtar Albukhary, in 2008². Bank Negara Malaysia, the central bank, approved the acquisition on condition that DRB-Hicom would eventually pare down its stake to at least 40%².

However, DRB-Hicom has not been able to find a suitable buyer or partner for Bank Muamalat, despite having talks with several local and foreign financial institutions over the years². The latest attempt was with Bahrain-based Al-Baraka Banking Group in 2010, but the deal did not materialize². DRB-Hicom has also considered listing Bank Muamalat on the stock exchange as a way to reduce its stake, but there has been no progress on this front either¹.

According to sources, Syed Mokhtar has no plan to exit the banking business and still intends to trim his stake in Bank Muamalat through a listing in the next two years or so¹. However, the banking industry is facing increasing challenges and competition, especially in the Islamic segment, which may affect Bank Muamalat's performance and valuation². Therefore, it is uncertain when and how DRB-Hicom will be able to divest its stake in Bank Muamalat. 🤔

2024-02-14 08:46

Good123

Buyers are accumulating drb shares in stages. A big wave is otw ;)

2024-02-14 08:54

Good123

IPO bagi bank muamalat ataupun jualkan kpd pihak lain.. wait n see

2024-02-14 09:35

Good123

tunggu berita terbaru, bank muamalat, harga boleh terbang jugak :)

2024-02-14 09:52

Good123

harga dah bottom out, tunggu ia melambung je kini

2024-02-14 09:53

Good123

mereka yg tak sabar, jualkan kpd mereka yg kaya tunai dan sanggup menunggu dan ada masa

2024-02-14 09:54

Good123

banyak perkara -harga boleh terbang... buyer for pos, bank muamalat/ipo jugak

2024-02-14 09:56

Good123

Buy rate 85%

2024-02-14 10:30

Good123

epf HOLDS ~10%. stay calm yah

2024-02-14 10:39

WiraBoleh

Keputusan q4 pasti cemerlang punya DRB ni

2024-02-16 15:41

WiraBoleh

RM1.50 apabila q4 keluar 😃

2024-02-21 15:38

Good123

terbaik/.. dah kata beli semasa 1.3+ hehe

2 months ago

WiraBoleh

besok keluar kptsan q4 rasanya

2 months ago

WiraBoleh

kptsan q4 kurang baik ...tapi, Fy2024 lebih cemerlang drpd Fy2023 secara keseluruhan

2 months ago

warent

buy for tvs, ie timing, value, story

2 months ago

WiraBoleh

Ape maksud tvs, warent?

2 months ago

garychee8

something is brewing in DRB???

1 month ago

warent

TIMING, VALUE, STORIES

1 month ago

WiraBoleh

I see. Tk, warent 🙂

1 month ago

abc333

LU once IPO bank come true

1 month ago

Good123

Cronyism abolished hehe

Starting September, DRB-Hicom unit, PUSPAKOM, will operate alongside other licensed vehicle inspection service providers, ending its three decade monopoly. This is part of the Transport Ministry's efforts to reduce monopolies and introduce healthy competition. Daniel Fernandez, Managing Editor of dsf.my explains the impact of these developments.

1 month ago

Good123

Greatly undervalued... Market cap only rm10mil+ few million RMs could wrest of control over mlabs n kick the hidden hand gang out kidding

1 month ago

WiraBoleh

Nampaknya ia boleh pecah RM1.50 minggu ni

1 month ago

WiraBoleh

...jatuh lepas cuti Raya 😅

1 month ago

WiraBoleh

National carmaker PROTON closed March and the first quarter of 2024 in a positive fashion with strong sales for its domestic and export markets. With 12,666 sales (domestic and export) reported,total sales for the quarter totalled 39,150 units with export sales currently 63% higher than last year.

1 month ago

BENNY313

QR out….Net Profit 1.48M…tomorrow fly?

22 hours ago

UncleFollower

This counter gives you easy money within a very narrow range. You just have to trade it. Why you may ask that this keep repeating, why the free money. Because it's a multi-year wash and accumulate operation to ultimate privatise the counter. There's no money there for most investors as one would have already sold too many times

4 hours ago

bullrun2025

Uncle, can u brief further, i totally dont understand

20 minutes ago

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