When this stock going to 5

The crash test ranked no 1 among SUV with BMW x1 at no 11.

X70**

Just attended x80 exclusive preview in penang. Actually i already know the x70 features but 2 things trigger me just now which i can't be find from the read. 1)Voice recognition feature being programs with 200 malaysia dialect. If u kadazan, iban, kedahan, kelantanes or hokkien all covered.
2) The acceleeation 0-100km/h is 10.5s

The DRB factory in Padang Meha doing CKD BMW, MAZDA and MINI keep expanding. Plus the new Geely's licencing will make DRB is one of the blue chips in asean.

Exactly

https://paultan.org/2018/09/28/proton-secures-license-to-produce-and-sell-three-geely-models-for-asean-boyue-sx11-suv-vf11-mpv/

Good after good news

Thanks nakata

Hey...what is the c64 n c58 means? Sharing is caring

Sorry i mean the MPV

https://www.carlist.my/news/geely-s-first-ever-mpv-teased-stylish-mpvs-get/52710/

The SUV is very nice. just 4 cm shorten then estima but 10cm wider and few cm lowered. That make this MPV really stunning looks.

Manage to xlate above article. What a good news for proton n DRB.....ready to rumbles....

The news coverage start coming. GLTA

“With proven technology and European-like features, their models have been a hit in China; and it’s no surprise why the model will be a hit here as well,” he said, adding that the X70 could also pave the way for future Proton models.

Another analyst said having a rebadged vehicle would also bode well for Proton, especially for parent company DRB-Hicom Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

, which has a 50.1% stake in the national carmaker.

“By having a rebadged vehicle, Proton will no longer have to incur huge development costs in developing new models, as the cost will be incurred mostly by Geely. This will definitely help boost the national carmaker’s bottom line.

“Building a model from the ground up is more expensive and if it doesn’t do well, you will struggle to recoup your development cost.”

Building a brand new model could cost north of RM700mil for Proton – but less than half of that when collaborating with a partner, he said.

Reducing costs will certainly benefit DRB-Hicom
image: https://cdn.thestar.com.my/Themes/img/chart.png

, which is eager to turn around Proton.

Last month, DRB-Hicom announced that it is expected to make a gain of RM735.4mil from its proposed sale of Alam Flora Sdn Bhd to Malakoff Corp Bhd’s unit.

DRB-Hicom said part of the proceeds from the proposed disposal would be used to repay its borrowings, as well as help turn around Proton.

For its first quarter ended June 30, 2018, DRB-Hicom suffered a net loss of RM66.60mil compared with a net loss of RM182.79mil in the previous corresponding period. Revenue dipped to RM2.65bil from RM3.13bil a year earlier.

The company said its earnings were affected largely due to lower sales of vehicles by Proton and certain other automotive companies.

In its notes accompanying its first-quarter results, DRB-Hicom, nevertheless, said it is optimistic about the prospects for its current financial year.

“The group’s automotive sector is expected to pick up momentum with the impending Proton SUV to be launched by the end of 2018. New product launches from other marques, as well as promotional activities, will act as catalysts to drive the sales volume further,” it said.


Read more at https://www.thestar.com.my/business/business-news/2018/09/24/a-gamechanger-model-for-proton/#rD0J3x7ujcbtI0jr.99

This run up might continue. We are also waiting for analyst upgrades once they announce the new booking numbers and rhe affordable pricing. All IMHO and invest with your own D&D

For those still amature in automotive, for your info Geely owns Volvo cars and Daimler which means indirectly owning Mercedes Benz. Geely's development head by ex volvo chief designer. Proton clearly said that they are not fighting with Perodua instead more on attacking Honda.

That what they tolld us on 7 sept. I also book but the branch mgr said they yet to received email or instructions from HQ. It should be coming pretty soon.

Still pending. Just position ourself n fastern seatbelts.

We are waiting for two numbers:
1. The latest booking of x70
2. The price of x70
I believe they will announce very soon on or before 19 Sept (public preview)
This will bring drb to sky rocket. All IMHO. Trade with your own D&D.