WANT TO BE A SPARTAN? 

DATE: 12 NOVEMBER 2018

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THE STOCK : DRBHCOM

DRB-HICOM BHD

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My 3 Keys are : 

1.DRB’s CTRM interested in new national car. 

According to Entrepreneur Development Minister Mohd Redzuan Yusof, the government is currently short-listing two to three partners to participate in Malaysia’s new national car project. The potential partners include CTRM (96.9% owned by DRB) and Silterra (owned by Khazanah).

2. New national car project. 

The first model is targeted to roll-out before 2020, with the prototype of the model to ready by early 2019. The project would be fully funded by the private sector with the help of several government ministries. The car is touted to be semi-autonomous, targeting global market (not only Malaysia) and cater to the demand from young people. The project would use the latest “disruptive” technology and not follow conventional car manufacturing methods.

3. Proton mulls starting CKD ops in Egypt. 

Proton Holdings Bhd said it and its partner in Egypt, Alpha Group Ezz Elarab, are considering various strategies including starting completely knocked-down (CKD) operations there to tackle the gradual reduction in import tax for European cars, which would lead to lower prices and consumers shifting their purchase preferences to such cars.

KIM'S TP AS STOCKCODE BELOW :

TP1 :RM2.25

TP2 :RM2.50

TP3 : RM3.00 - RM3.30 ( 2019 if deals on '3rd National Car" project )

DRBHCOM-C56 : On target short-term for TP1

DRBHCOM-C60 : On target short-term for TP2