Highlights

Stock Price Target

 
Search
Recent Price Targets: [Sign In or Register (FREE) to view]
 
KLSE: DRBHCOM       DRB-HICOM BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.80 2.39     +0.59 (32.78%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
30/11/2018 1.85 2.40 +0.55 (29.73%) BUY PUBLIC BANK Price Target News
30/11/2018 1.85 2.00 +0.15 (8.11%) HOLD KENANGA Price Target News
30/11/2018 1.85 2.80 +0.95 (51.35%) BUY HLG Price Target News
30/11/2018 1.85 1.99 +0.14 (7.57%) HOLD AmInvest Price Target News
17/10/2018 1.95 2.80 +0.85 (43.59%) BUY HLG Price Target News
12/10/2018 1.91 2.80 +0.89 (46.60%) BUY HLG Price Target News
12/10/2018 1.91 1.99 +0.08 (4.19%) HOLD AmInvest Price Target News
05/10/2018 2.10 2.80 +0.70 (33.33%) BUY HLG Price Target News
03/10/2018 2.15 1.99 -0.16 (7.44%) HOLD AmInvest Price Target News
01/10/2018 2.18 2.80 +0.62 (28.44%) BUY HLG Price Target News
29/08/2018 2.18 2.40 +0.22 (10.09%) BUY PUBLIC BANK Price Target News
29/08/2018 2.18 2.35 +0.17 (7.80%) HOLD KENANGA Price Target News
29/08/2018 2.18 2.80 +0.62 (28.44%) BUY HLG Price Target News
29/08/2018 2.18 1.99 -0.19 (8.72%) HOLD AmInvest Price Target News
20/08/2018 2.49 2.55 +0.06 (2.41%) BUY Rakuten Price Target News
20/08/2018 2.49 2.62 +0.13 (5.22%) BUY HLG Price Target News
20/08/2018 2.49 1.99 -0.50 (20.08%) HOLD AmInvest Price Target News
02/08/2018 2.32 2.40 +0.08 (3.45%) BUY PUBLIC BANK Price Target News
02/08/2018 2.32 2.62 +0.30 (12.93%) BUY HLG Price Target News
02/08/2018 2.32 1.99 -0.33 (14.22%) HOLD AmInvest Price Target News
20/07/2018 2.21 1.99 -0.22 (9.95%) HOLD AmInvest Price Target News


Price Target Research Article/News (past 6 months)
30/11/2018  PUBLIC BANK DRB-Hicom - Narrower Losses
30/11/2018  KENANGA DRB-HICOM - 1H19 Deemed In Line
30/11/2018  HLG DRB-HICOM - 2Q19 turned to core profit on GST zerorisation
30/11/2018  AmInvest DRB Hicom- Difficult days before X70
17/10/2018  HLG Automotive - Sep: Down Due to SST Reintroduction
12/10/2018  HLG DRB-Hicom - A preview to X70, the game changer
12/10/2018  AmInvest DRB Hicom - A glance of the X70 at last
05/10/2018  HLG DRB-HICOM - DRB Interested in New National Car
03/10/2018  AmInvest DRB-Hicom - Taking stock of the X70
01/10/2018  HLG DRB-HICOM - Proton En-route With More Models
29/08/2018  PUBLIC BANK DRB-Hicom - Dragged By Automotive & Services
29/08/2018  KENANGA DRB-HICOM - 1Q19 In Line
29/08/2018  HLG DRB-HICOM - 1Q19 Loss But Sequential Recovery Expected
29/08/2018  AmInvest DRB-Hicom - Auto losses continue on poor Proton showing
20/08/2018  Rakuten DRB-HICOM - Proton moving into China
20/08/2018  HLG DRB-HICOM - En-route Into China
20/08/2018  AmInvest DRB-Hicom - Looking east for Proton
02/08/2018  PUBLIC BANK DRB-Hicom - Proposed Disposal of Alam Flora
02/08/2018  HLG DRB-HICOM - Proposed Disposal of Alam Flora
02/08/2018  AmInvest DRB-Hicom - To sell Alam Flora to Malakoff
20/07/2018  AmInvest DRB-Hicom - Building a new Proton on Boyue



  23 people like this.
 
Ken Tang coming soon.
04/12/2018 04:37
snowy2 https://www.klsescreener.com/v2/news/view/464864
04/12/2018 08:38
5354_ 4820 car sales in Nov'18 big qty? Market shares 10.2% a lot?
04/12/2018 09:56
5354_ How much is Proton yearly sales qty must target to break even after Geely takeover?
04/12/2018 09:58
Cxg888 Proton records improved sales in November of 4,820 cars - http://www.thestar.com.my/business/business-news/2018/12/04/proton-records-improved-sales-in-november-of-4820-cars/ (Share from StockHunter)
04/12/2018 10:00
Cxg888 Follow push up drb^=^
04/12/2018 22:00
BULL1000BEAR1000 Still being cheated. Cheating yourself as well?
05/12/2018 10:44
Cxg888 C movie
05/12/2018 13:10
kingJ X70 should be very sellable in Thailand and Indonesia also, shoudl keep production line running in full capacity
05/12/2018 18:50
sasword 第3国产车∼∼∼1MDB的新名。
07/12/2018 10:28
ciaksai Sell la. Will revisit 90 sen-RM 1 again?
07/12/2018 17:22
balvin71 Many say X70 very good car etc. but am sure many have not driven the car. I have driven the car in China and am not impressed. Felt the car handling not as nice as current Proton models with LOTUS ride and handling, at speeds of 100km/hr got wind noise and didn't find it very comfortable inside the car, maybe my size too big. I am amazed that many have booked the car without test driving or even knowing the price. Success or not, will depend on the selling price and if Proton improved the ride and handling and improve the wind noise. I think RM80k~110k can sell, more than that, customer got other choices. Let's wait for the launch, than can say if share price can go up or down.
07/12/2018 17:42
Cxg888 Next week come back again tp 196
07/12/2018 18:08
Cxg888 Waiting x70 power show
07/12/2018 18:08
BULL1000BEAR1000 Policies to protect national car makes all car market die
10/12/2018 16:57
Cxg888 Tomorrow green color stating...
10/12/2018 22:36
mr yong more you short drbhicom , more laosai , more money you can make...
11/12/2018 16:44
Cxg888 Tomorrow again green color tp 189
11/12/2018 22:53
hwtham X70 no official lauching today?
12/12/2018 20:20
Ah_Ling https://www.facebook.com/ProtonCarsOfficial/videos/593320571101030/UzpfSTEzOTkxMTAyMzU6MTAyMTM2MDc4NTk1NzYzNDg/
12/12/2018 20:59
hwtham Thank you Ling. Never expected that the event starts at night time. The top model has the most advanced safety features in its class...Impressed.
12/12/2018 22:56
abang_misai I will get one.
12/12/2018 23:13
Cxg888 【视频】宝腾X70售价公布了! - http://www.enanyang.my/news/20181212/【视频】宝腾x70售价公布了/ (Share from StockHunter)
12/12/2018 23:35
Kim http://www.theedgemarkets.com/article/tun-m-hopes-protongeely-collaboration-will-produce-truly-malaysian-car?type=malaysia
13/12/2018 00:06
BULL1000BEAR1000 Let's see how many ppl will buy and drive X70 on the road
13/12/2018 08:38
BULL1000BEAR1000 Malaysia economy is good and stable
13/12/2018 08:39
Nicholasming91 You sound like a chinaman
13/12/2018 08:51
yongch Today visited proton showroom@cheras ape pun taktau...better sell lo!!!
13/12/2018 11:21
joan123 Kim, today hicom share drop, not as what we expect
13/12/2018 12:10
abcdefg yongch

don't understand y u seems 2 hate proton so much, kept singing down, yet kept coming over here... can tell me what u 1???

just curious, I don't have any drb shares...
13/12/2018 12:13
kieus7663 Yah... I guess yongch being burned by DRB Hicom badly... revenge needed..
13/12/2018 12:40
Kim joan123 Kim, today hicom share drop, not as what we expect

13/12/2018 12:10

Yeap, something is not right now. I think IB will come upgrade or downgrade the tp later or drb mgmt will come out to clear the reason why share price slump.. if they unaware it..price will start rebound back. Hope the best for them..
13/12/2018 13:06
I3investor3 Post removed. Why?
13/12/2018 13:06
BULL1000BEAR1000 I am a Chinaman. Support Huawei say no to Apple
13/12/2018 13:08
abcdefg U can only get below 1.00 if Geely sold off proton.. now proton is improving, it just need time.. but car mkt are saturated.. not so good oso.. unless Geely change protn into electric.. n sell more 2 other countries.. don't expect 2 much n oso don't waste your time waiting below 1.00
13/12/2018 14:06
dusti Something is drastically wrong?
13/12/2018 15:58
commonsense Investors need to be patient with the Proton turnaround plans. To get a better picture of whether the turnaround plan is working or not, you have to wait until the 4Q19 result is out first ( May 19). This is because it will be the first full quarter result of Proton post launching of the X70.

To say management has failed in the turnaround plan now is really not fair. You need to give them time to show the result first.

Good luck
13/12/2018 16:07
abcdefg could b bec ppl disappointed with d price quoted.. will all take up their orders or not, booking fees ony 100, economy downturn.. ppl might choose 2 let go...
13/12/2018 16:57
yongch Most of pre order will cancell swift to perodua suv coming in feb 19....very disappointed price ,No new look,basically made in china!!!Tun M yesterday oledy said he rather look forward to wait for new fully made msia car!!!!get prepare tmrw definitely dropping ...this just begin ...Big adjustment will come soon!!!
13/12/2018 19:09
commonsense Hi abc,

Agree with you that the public might perceived that the price as a bit high for a Proton brand. And the % of conversion from booking to firm orders might be effected.

On the other hand, i think most people had already expected that on average, it would cost higher than RM100k mainly due to the comparable (if not higher) specs of X70 vs other SUV (not an expert but this is what i got from reading the car reviews).

Need to wait for updates from the management to see how many firm booking did the X70 will actually get. Or we can wait for MAA's January car sales numbers to see how many X70 was sold.

Hope they will do well. Good luck to DRB shareholders.
13/12/2018 19:17
abcdefg What happen 2 proton now is not bec old horse going 2 make new car.. it's bec of mkt saturation... b4 he even started, I can assure u it will b another failure for decades like previous proton...

I can also assure u that old horse new pet car will not b able to compete with proton geely made... v don't need 2 have 100% lousy M'sia made car...
13/12/2018 22:35
Ah_Ling I think the pricing not meet our expectation is due to our tax structure... 
The price in Langkawi is what we expecting..... 

Peninsular Malaysia
STD 2WD : RM 99,800
EXE 2WD : RM 109,800
EXE AWD : RM 115,800
Pre 2WD : RM 123,800

Langkawi
STD 2WD : RM 85,047
EXE 2WD : RM 94,154
EXE AWD : RM 99,049
Pre 2WD : RM 107,146

Diff
STD 2WD :RM 14,753 (17%)
EXE 2WD :RM 15,646 (17%)
EXE AWD :RM 16,751 (17%)
Pre 2WD :RM 16,654 (16%)
14/12/2018 09:48
yongch Big players starting throwing out all this company rubbish share...Today will b also red ending!!!Due to early buyer though committed 70-80k but now 100k disc 200!!!most peoples will cancelled booking!!!tp1.0 or below....kikiki...time to buy back share...shiok!
14/12/2018 12:03
abcdefg since u think this is rubbish then stay away lor.. y waste so much time here? Most of Burse shares drop 50% n more, compare 2 them, DRB is much better liao... even though it is in down trend.. don't buy 1st wait 4 d rite timing 2 enter...
14/12/2018 12:34
balvin71 Economy slow, bank strict in lending, will effect car sales. For DRB, 3rd national car, X70 pricing, future support by government. Wait for it.
14/12/2018 13:22
commonsense Hi Ah ling,

The high price is also because the current offer is still for CBU model. When Proton decides to manufacture it in Malaysia (expected in 2H19), then the price should go down a bit. Not sure by how much though.

However, this still depends on the demand of the X70. If demand is tepid, i don't think DRB and Geely would want to fork out too much capital to build up a new production line for X70. Geely especially given that their cash investment in Proton is still small at the moment. The RM460mil paid for 49% of Proton was via RM170mil cash and RM290mil transfer of SUV platform.

What do you think? Will they still proceed to come up with the CKD version if sales of CBU are below expectation?
14/12/2018 22:26
joan123 The CKD version is not only for local, but for oversea market as well
14/12/2018 23:26
balvin71 They are building a new factory for the CKD in Tg Malim. Initially suppose to be ready by Feb, postpone to April and now heard the first roll out would be in Jue 2019.

If CKD version lower price, I would wait for the CKD version. This is the first right hand drive made in China using a left hand drive production line. Not sure how it effects quality.

Also, 1st batch 2018 car launch at the end of the year. Many will wait for 2019 for better resale value later on.

I think the sales will pick up later on. There might be many like me, who don't but the first batch and will wait for a 2019 year make....since it is already at the end of the year.
14/12/2018 23:36
commonsense 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.
15/12/2018 06:54
commonsense 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
15/12/2018 17:45


291  383  448  780 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PWORTH 0.055+0.005 
 ARMADA 0.175-0.005 
 VC 0.085-0.01 
 HUBLINE 0.040.00 
 HSI-H4O 0.335+0.07 
 SANICHI 0.080.00 
 TIGER 0.08-0.005 
 DBE 0.030.00 
 PERMAJU 0.355-0.03 
 MYEG 0.91-0.015 
Partners & Brokers