DRBHCOM is being held tightly by other big institution. Not just LTH. So why worry? One man's meat is another man's poison. CIMB buy. HLIB buy is enough to keep DRBHCOMM above $2.

Top up later..if my kgroup go up today. Now some money went into Kgroup because news out they signed agreement with rapidcloud alibaba.

Cimb TP $2.25 hold. So stop worrying and be steady. Top up again at $1.68.

That is based on my own Kgroup observation. This stock is speculative and goreng stock.

I think will fly like netx....today might go 8 sen 9 sen...no problem.....tomorrow gap up above 10 sen

I lost a few K...hopefully can go above 10 sen now...can recover back my money hahaha

Don't miss it...this is one stock that climb above 11 sen and down back to 4 sen...now lowest should go up again...above 10 sen...

Today will limit up

Quickly buy before it fly above 10 sen like netx....alibaba coming

No wonder today suddenly got activities....suddenly up....I thought must be good news...hahahahah...now keep for long term maybe can reach 20 sen if alibaba comes in....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5432809

Good news!!!!!! Should fly again back to 10 sen.

Limit up.....should have sailang....damn

Time to pick some cheap stock for collection.

TP $2.10

Since the volume is moving today...and price slowly move...I gamble buy back a bit. If drop again after 24th then sayonara. Hope it will fly like netx to 10 sen and above.

I cut loss 8 sen now have to buy back at 5 sen for a 3 sen discount. Gamble a bit.

like netx will fly above 10 sen if deal is confirmed...only 2 days to go...buy early to avoid other early birds catch your worm...

Buy buy gamble. ....casino...anyway already stable...at this price...24th deadline....rapidcloud

Sources familiar with the matter said that DRB-Hicom is looking to sell a minority stake in Proton and a controlling stake in Lotus to Geely.

According to The Star, PSA Group prefers a controlling stake in Proton.

Both representatives from PSA and Geely declined to say anything.

DRB-Hicom has earlier mentioned that the search for Proton's foreign strategic partner is expected to be completed by the first half of 2017.

Earlier in March, DRB-Hicom released a statement saying that all bidders are still in the running to be selected as Proton's partner. "Our intent is to turn around the fortunes of PROTON. There are strengths and capabilities of the carmaker that, given a new proven partner that can offer technology, capabilities and new markets, will push PROTON as a brand to be reckoned with," DRB-Hicom Group Managing Director, Dato' Sri Syed Faisal Albar.

Engine start....soon.

Yes! buy early before the rocket start.

I think will go up soon. Cimb TP $2.25. Everything is pointing to an uptrend. Only a fool will sell now. We are near the good news...They have to announce very soon. Waiting patiently for it.

Betul ke naik? pure speculation. No news yet. Mahu masuk trap? Kgroup highly manipulated stock. Trade with caution. Good luck.

http://www.thestar.com.my/business/business-news/2017/05/19/modenas-to-restore-gurun-plants-full-production-capacity/

Don't speculate. Monday gap up then you know. DJIA Up 100+ point. Should be bullish day.

LTH taking profit before the deal which is a premature tactic. No patience to wait. Hoping that this news will cause the stock to go lower so that they can buy back cheaper. If I sell DRBHCOM at $1.80, definitely I will buy back at $1.70 for a 10 sen gain. But sometimes after selling, the stock shoot up above $1.80, then you might be telling yourself you should have not sold. Let us all see how the market move up after LTH sold...hope it will break $2 and let them regret selling too early.

We have a long bearish candle on Friday. It cover the whole of the white candle on Thursday. It means some big fund is taking profit ahead of the QR announcement. We need confirmation on Monday meaning if it still continue dropping below $5.52 then it a sell. Otherwise it may continue to go up again.

Market is bullish again with DJIA up another 100+ points.

Yeah...those who panic sell on Thursday at 14.5 sen when it dropped but it rebounded strongly back to 17 sen. It showed strong resiliency and support at 14.5 sen. Now it drop back to 15.5 sen. Time to accumulate again. Don't miss it.

Next week TP $2. Hold tight.

Geely ialah perusahaan automotif swasta pertama dan terbesar di China yang berpusat di Taizhou, Zhejiang. Syarikat itu membuat kejutan pada 2009 dengan membeli Volvo daripada Ford Motors pada harga AS$1.3 bilion.

Kereta Geely dikatakan menjadi jenama kereta terlaris di China beberapa tahun kebelakangan ini, selepas menjadi pemilik kenderaan Sweden itu. Pada 2016, jumlah pengeluaran kereta Geely dan Volvo mencecah 1 juta unit.

PSA Group pula ialah syarikat Perancis yang merupakan pemilik Peugeot, Citroen, DS dan terbaharu – Opel serta Vauxhall.

Come on babe...TP $2.25.......wowoow

CIMB Research, in a report last week, put a target price of RM2.25 on DRB-Hicom on the belief the group’s new paint shop will lead to a higher production of Volkswagen cars. The research outfit noted its valuation takes into account a higher appreciation of DRB-Hicom’s defence contract business, which has a RM7.55 billion contract from the government to supply 257 armoured-wheeled vehicles.

http://www.ideas.org.my/drb-hicom-shares-rise-proton-decision-nears/

I think DRB-HICOM meeting is like an just a formal interview for the successful bidder. The meeting is just to sort out the details and the nitty gritty of cooperations. Once this is sorted out, the good news will come and DRB-HICOM will break $2 and continue to reach $3. Hold tight.


DRB-HICOM Berhad (DRB-HICOM), as 100% owner of PROTON Holdings (PROTON), believes that PROTON can be a more successful carmaker once a foreign strategic partner (FSP) is on-board.

The entry of a FSP will enable PROTON to revitalize itself through access to new platforms, powertrains and technologies which will further improve PROTON’s range of products and its quality.

This revitalization of PROTON’s market share underlines DRB-HICOM’s intent to keep the brand as a player in the automotive market. PROTON has been in the market since the mid-1980s, and it has some brand equity in the domestic market, despite past and current challenges.

DRB-HICOM remains committed to revive PROTON’s fortunes, and finding the right FSP is critical to that goal. History has shown that collaborations between a smaller carmaker and a larger carmaker can revive the former’s fortunes. DRB-HICOM is confident that with the right FSP, PROTON will enhance its brand equity can again be a successful carmaker as it was in the 1980s and 1990s.

THE RIGHT FIT FOR PROTON

In finding the right FSP for PROTON, DRB-HICOM will evaluate three key criteria, which are strategic, operational and cultural fit.

A strategic fit will enable both parties to derive tangible benefits from the range of technology and products available, which will complement each other’s needs in their own markets.

This strategic fit will also ensure that PROTON can achieve economies of scale from its domestic operations. In evaluating the potential partners, DRB-HICOM will insist that the PROTON badge and its technology will be expanded into ASEAN markets first and global arena subsequently.

An operational fit with the FSP ensures that both PROTON and the partner will complement each other’s strengths.
The structures that exist within each company must be able to blend well so as to achieve seamless operation at PROTON and the partner themselves.

As in any collaboration, a cultural fit will ensure a successful union. This “chemistry” between the two parties will be critical in pushing PROTON forward while enhancing the FSP’s own operations vis-à-vis their short and long-term plans.

These criteria are aimed at ensuring that both parties will be able to achieve each other’s strategic targets as quickly as possible and with minimum interruptions to business operations.

With a close fit that matches the items listed, DRB-HICOM is confident the venture will be beneficial to all parties.

PROTON WILL BENEFIT THE FSP TOO

Contrary to common belief, PROTON too has plenty to offer to the eventual FSP.

First, they will have at their disposal PROTON’s own range of affordable cars, such as Persona, Saga, Preve and Iriz.

These cars are manufactured to high production standards and meet global safety standards. Any carmaker that is on board with PROTON will be able to find a range of cars to offer specific markets across the globe.

Secondly, one of the immediate advantages available to any carmaker partnering with PROTON is the ability to immediately increase their production capacity through PROTON’s Tanjung Malim Plant in PROTON City.

The plant has a low utilization rate presently, and optimising the use of the modern facility will also benefit the local workforce. This means Malaysians can benefit from increased employment opportunities with full capacity utilisation at the plant.

Finally, PROTON has its own in-house research and development team, as well as the lightweight platform technology of Lotus Cars UK. The combined engineering capabilities of PROTON and the legendary Lotus Cars offers a FSP enhancements to their current capabilities, which will enable them to enhance their existing R&D capabilities.

PROTON IS A NATIONAL CARMAKER

It is important to point out that DRB-HICOM’s search for a FSP for PROTON is a critical exercise to ensure the sustainability of the national carmaker.

As a local company, DRB-HICOM is proud to be the owner of the first national and ASEAN’s only car manufacturer.

We have stated before that we will maintain a significant equity in PROTON, and this has not changed. The FSP search is not about shirking our national responsibility but about enhancing PROTON as a bona-fide carmaker, and eventually putting them, and Malaysia, on the global map.

As a responsible shareholder, as part of the evaluation, DRB-HICOM shall also assess the intention of the potential partners in utilizing the current “home-grown” vendor network.

This is a very significant element in our evaluation, as DRB-HICOM who also own subsidiaries serving PROTON as vendors, would avoid for these “home-grown” network to be diluted substantially.

Why so kancheong....the down is because LTH is trimming its stake. So it is not because the meeting is no good. I am confident the outcome will be positive. That is why a lot of interest seen these few days picking up the stocks. LTH is the only factor the stock is not able to rise. I hope they stop selling and continue to support DRBHCOM next week to higher levels.

Relax...discussion is still in progress...for the week.

http://www.theedgemarkets.com/content/evening-5-tabung-haji-trims-drbhicom-stake-1

Actually we should have touch $2 if LTH didn't sell. DRBHCOM selling Proton is something good for DRBHCom as a company to increase their value. So it is a very strategic move. LTH should benefit by not selling and let the price increase naturally to its full potential i.e $3 before selling. Right now it is a bit premature to sell.

Buy proton..

https://www.carlist.my/news/drb-hicom-autofest-2017-best-offers-10-brands/45588/

Don't worry. If proton sale is on, then the price will really fly no matter LTH sell or not. Because that would mean DRBHcom got plenty of cash and can buy back their own stock. Other than that can give good dividends to investors. So no need to be worried. Just wait for the deal to seal.

Miracle...magic...coming....if meeting successful....proton sold...then the hammer will change shape....to be a bullish uptrend arrow.

proton proton lelong lelong....jual jual beli blibli....jangan tak beli nanti rugi...push above $1.80

We have to push hard and enjoy the party...and pop champagne. Proton jual kita riang...

Yeah...trying to spoil the party....we will not give up...lets push it and make them regret selling.

Agree...time to move up. Less resistant. LTH kept selling down while people kept buying nonstop.

Once the newspaper come out with headlines PROTON JUAL....then drbhcom will go $3

DRBHCOM will want to sell PROTON and this weekend we will know the answers.....be prepared.

Where got sense? Just want short term profit. What to do? If they are so smart they should wait for the big prize...$3 baru sell.

Wait for the good news....

lower the price for us to buy cheap.

Collect back...hahahahha...monday limit up...hahahahha

They sell we buy. TP $3