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2024-02-01 08:53 | Report Abuse
Baik bagi proton :)
www.finance.yahoo.com/news/toyota-group-plant-raided-test-073726548.html
2024-02-01 08:52 | Report Abuse
Kalau guna nominees, tak tahulah ;)
@WiraBoleh
Berapa saham Proton dan DRB Li Shufu pegang?
16 hours ago
2024-02-01 08:51 | Report Abuse
Toyota down, good4drb kan? Hehehe
Yahoo
Associated Press Finance
Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing
YURI KAGEYAMA
Tue, January 30, 2024 at 3:37 PM GMT+8·3 min read
In this article:
Toyota Chairman Akio Toyoda bows during a news conference in Nagoya, central Japan, Tuesday, Jan. 30, 2024. Hours after Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker sticks to “making good cars.” (Kyodo News via AP)
Japanese transport officials walk towards a Toyota Industries Corp. factory for inspections in Hekinan, central Japan, Tuesday, Jan. 30, 2024. Japanese transport officials raided the factory of the Toyota group company on Tuesday to investigate cheating on engine testing as its chairman vowed to ensure it is "making good cars." (Kyodo News via AP)
FILE - This photo shows a logo of Toyota Motor Corp. at a dealer on May 11, 2022, in Tokyo. Japanese transport officials raided a factory of a Toyota group company on Tuesday, Jan. 30, 2024, to investigate cheating on engine testing as its chairman vowed to ensure it is "making good cars." (AP Photo/Eugene Hoshiko, File)
Toyota Chairman Akio Toyoda speaks during a news conference in Nagoya, central Japan, Tuesday, Jan. 30, 2024. Hours after Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker sticks to “making good cars.” (Kyodo News via AP)
4 / 4
Japan Toyota
Toyota Chairman Akio Toyoda speaks during a news conference in Nagoya, central Japan, Tuesday, Jan. 30, 2024. Hours after Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker sticks to “making good cars.” (Kyodo News via AP)ASSOCIATED PRESSMore
TOKYO (AP) — Japanese transport officials raided a Toyota-affiliated plant Tuesday after the company admitted to cheating on engine testing, as Toyota Motor Corp. reported it sold over 11 million vehicles in 2023 to retain its status as the world’s top car manufacturer.
Hours after the probe began at Toyota Industries Corp.'s plant in Hekinan, Aichi Prefecture, central Japan, Toyota Chair Akio Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker's group companies stick to “making good cars.”
“My job is to steer the way for where the overall group should go,” Toyoda said.
He apologized, bowing deeply, and stressed the group vision was rooted in the Toyoda founding family’s ideas of empowering the “genba,” or the workers on the plant floor, “to make good cars that lead to people’s happiness.”
The testing scandal comes at a time of otherwise stellar performance for Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models. Its group global vehicle sales for 2023 were a record 11.22 million vehicles, up 7% from the previous year and topping Volkswagen AG of Germany’s global sales of 9.2 million vehicles.
Toyoda spoke in a news conference that was livestreamed from a memorial hall in Nagoya that serves as a museum for the founding family. Sakichi Toyoda invented the automated weaving loom. His son Kiichiro Toyoda, Akio’s grandfather, founded Toyota Motor Corp.
2024-01-31 15:03 | Report Abuse
Better to focus on shares above 50sen & profitable like dxn.
Avoid penny stocks below 10sen ;)
2024-01-31 14:23 | Report Abuse
Semoga is akan berlaku untuk drb jugak :)
International investments and holdings
Li Shufu, the founder and chairman of Geely, acquired a 9.69% stake of Mercedes-Benz Group in February 2018, making it the company's largest single shareholder.
2024-01-31 09:02 | Report Abuse
Save Print Back
1619 DRBHCOM DRB-HICOM BHD
OTHERS
OTHERS
JOINT VENTURE AGREEMENT BETWEEN DRB-HICOM BERHAD AND ZHEJIANG GEELY HOLDING
GROUP CO., LTD. TO JOINTLY DEVELOP AUTOMOTIVE HIGH-TECH VALLEY IN TANJONG
MALIM, PERAK
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
11/12/2023 07:00 AM
Ref Code: 202312113000084
2024-01-31 09:00 | Report Abuse
KUALA LUMPUR: Investors should remain steadfast in seeking fundamentally sound stocks despite the recent turmoil in the small-cap market, according to RHB Research.
In a note, the investment bank said while the small-mid cap space is often preferred for its higher growth prospects, a balanced pick, combined with value-focusing and growth-focused stocks is appropriate in the current environment.
As such, it emphasised that a focus on earnings quality, margins preservation, cash flow, and yield generation is paramount, especially on the backdrop of tense geopolitical conflict, cost escalations, and demand uncertainty.
2024-01-31 08:59 | Report Abuse
KUALA LUMPUR: Investors should remain steadfast in seeking fundamentally sound stocks despite the recent turmoil in the small-cap market, according to RHB Research.
In a note, the investment bank said while the small-mid cap space is often preferred for its higher growth prospects, a balanced pick, combined with value-focusing and growth-focused stocks is appropriate in the current environment.
As such, it emphasised that a focus on earnings quality, margins preservation, cash flow, and yield generation is paramount, especially on the backdrop of tense geopolitical conflict, cost escalations, and demand uncertainty.
2024-01-31 08:59 | Report Abuse
KUALA LUMPUR: Investors should remain steadfast in seeking fundamentally sound stocks despite the recent turmoil in the small-cap market, according to RHB Research.
In a note, the investment bank said while the small-mid cap space is often preferred for its higher growth prospects, a balanced pick, combined with value-focusing and growth-focused stocks is appropriate in the current environment.
As such, it emphasised that a focus on earnings quality, margins preservation, cash flow, and yield generation is paramount, especially on the backdrop of tense geopolitical conflict, cost escalations, and demand uncertainty.
2024-01-31 08:49 | Report Abuse
Better for geely to hold a stake in drb and ask for a seat in the board like with Mercedes
2024-01-31 08:41 | Report Abuse
Geely or its founder could acquire ~10% of drb shares like they did to Mercedes shares previously hehehe
2024-01-31 08:27 | Report Abuse
The partnership with Geely has positioned Proton to potentially expand its market presence beyond Malaysia. Geely's global experience and resources can help Proton explore new markets, access advanced automotive technologies, and adapt to international standards. However, successful penetration into new countries depends on various factors, including market demand, regulatory requirements, competition, and effective marketing strategies. The collaboration with Geely provides Proton with a better chance of expanding its footprint globally, but success will rely on navigating the complexities of each target market.
2024-01-31 08:26 | Report Abuse
Geely's involvement in Proton's business has contributed to its profitability through various means. Geely brought in expertise, technology, and investment to enhance Proton's product offerings and operational efficiency. This collaboration allowed Proton to benefit from Geely's experience in designing and manufacturing vehicles, leading to improved quality and competitiveness in the market. Additionally, joint ventures and shared resources facilitated cost savings and economies of scale, further contributing to Proton's financial success.
2024-01-31 08:25 | Report Abuse
DRB-Hicom Berhad is a Malaysian conglomerate involved in various industries, including automotive, services, and property. Geely, on the other hand, is a Chinese automotive company. In 2017, Geely acquired a 49.9% stake in Proton, a Malaysian automotive company owned by DRB-Hicom. This partnership has allowed for technology sharing and collaboration in the automotive sector.
2024-01-31 08:06 | Report Abuse
Worst case, government confiscates and become a GLC. Hehehe
KUALA LUMPUR: Avillion Bhd continues to operate its business as usual after the company and its subsidiaries were listed as part of the assets former finance minister Tun Daim Zainuddin failed to declare to the Malaysian Anti-Corruption Commission (MACC).
Avillion and its 23 subsidiaries were among the 71 assets listed in the MACC’s charge sheet against Tun Daim.
In a filing with Bursa Malaysia, the integrated travel and hotel group said: “Avillion and its subsidiaries are governed by and in compliance with Bursa Malaysia’s Listing Requirements, Rules and Guidelines.”
2024-01-31 08:02 | Report Abuse
The performance of DRB-HICOM Berhad, as a parent company of Proton, is often influenced by Proton's success. If Proton continues to thrive, it can positively impact DRB-HICOM's financial standing.
2024-01-31 08:01 | Report Abuse
Buy :)
Proton cars are gaining popularity for several reasons. They offer a good balance of affordability and quality, with improved design and technology. Proton has also focused on safety features, attracting consumers who prioritize security. Additionally, strategic partnerships and advancements in manufacturing have contributed to the positive perception of Proton as a rising star in the automotive industry.
2024-01-31 07:59 | Report Abuse
Improving continuously:)
Quarterly rpt on consolidated results for the financial period ended 30 Nov 2023
DXN HOLDINGS BHD.
Financial Year End 29 Feb 2024
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Nov 2023
The figures have not been audited
Attachments
DXNH-Q3FY2024 Financial Result.pdf
741.5 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
30 Nov 2023
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Nov 2023
30 Nov 2022
30 Nov 2023
30 Nov 2022
$$'000
$$'000
$$'000
$$'000
1 Revenue
450,288
439,219
1,332,579
1,195,817
2 Profit/(loss) before tax
119,799
109,417
362,021
343,093
3 Profit/(loss) for the period
81,334
71,202
241,958
231,468
4 Profit/(loss) attributable to ordinary equity holders of the parent
78,359
67,279
231,976
220,229
5 Basic earnings/(loss) per share (Subunit)
1.57
1.39
4.69
4.56
6 Proposed/Declared dividend per share (Subunit)
0.90
0.00
2.60
0.00
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2600
0.2100
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence
Announcement Info
Company Name DXN HOLDINGS BHD.
Stock Name DXN
Date Announced 24 Jan 2024
Category Financial Results
Reference Number FRA-16052023-00021
2024-01-30 16:45 | Report Abuse
Banyak berita baik jugak
1619 DRBHCOM DRB-HICOM BHD
MEMORANDUM OF UNDERSTANDING
MEMORANDUM OF UNDERSTANDING
DRB-HICOM BERHAD ("DRB-HICOM" OR "THE COMPANY")- UPDATE ON THE STATUS OF
MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN DRB-HICOM AND KERAJAAN NEGERI PERAK
DARUL RIDZUAN ("KERAJAAN NEGERI")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
11/01/2024 07:00 AM
Ref Code: 202401113000083
2024-01-30 16:44 | Report Abuse
Kwsp pun pegang ~10%
<%-- for fixing scrollbar--%>
Save Print Back
1619 DRBHCOM DRB-HICOM BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower, No. 1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 10/01/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/01/2024 Transferred 93 -
2. 09/01/2024 Transferred 93 -
Circumstances by reason of which change has occurred:
Transfer of 93 ordinary shares from Citigroup Nominees (Tempatan) Sdn Bhd -
Emplys Prvnt FD BD(CGS CIMB-SBL) to Citigroup Nominees (Tempatan) Sdn Bhd -
Employees Provident Fund Board-IC.
Nature of Interest:
Direct Interest
Consideration:
No of Shares Held After Changes:
Direct : 183,606,797 shares (9.4970%)
Total : 183,606,797 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:
12/01/2024 07:00 AM
Ref Code: 202401123600080
#
2024-01-30 16:44 | Report Abuse
Kwsp pun pegang ~10%
<%-- for fixing scrollbar--%>
Save Print Back
1619 DRBHCOM DRB-HICOM BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower, No. 1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 10/01/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/01/2024 Transferred 93 -
2. 09/01/2024 Transferred 93 -
Circumstances by reason of which change has occurred:
Transfer of 93 ordinary shares from Citigroup Nominees (Tempatan) Sdn Bhd -
Emplys Prvnt FD BD(CGS CIMB-SBL) to Citigroup Nominees (Tempatan) Sdn Bhd -
Employees Provident Fund Board-IC.
Nature of Interest:
Direct Interest
Consideration:
No of Shares Held After Changes:
Direct : 183,606,797 shares (9.4970%)
Total : 183,606,797 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:
12/01/2024 07:00 AM
Ref Code: 202401123600080
2024-01-30 16:42 | Report Abuse
Net asset per syer~rm4. Berbaloi, value buy
2024-01-30 16:32 | Report Abuse
Pos, cari buyers kini kot? Lagipun kerugian pos semakin kurang. Buy sebelum naik balik
2024-01-30 16:31 | Report Abuse
More people would buy cheaper cars like proton. Cost of living up globally
2024-01-30 15:07 | Report Abuse
Maybank research, terindah
Briefing update
We believe that 4QFY24E earnings may improve in tandem with sales volume recovery in Peru and Bolivia. That said, our FY24E-FY26E earnings are trimmed by 3% to 4% given expectations for slower sales of its higher margin HDS category and slower sales growth in its ASEAN markets. Maintain BUY with a lower TP of MYR0.86, on unchanged 11x CY24E PER.
2024-01-30 15:04 | Report Abuse
Ok ok beli drb.. Cantik.. Kerugian pos menurun... Mungkin pos akan dijualkan..
Beli, iya
2024-01-30 15:04 | Report Abuse
Ok ok beli drb.. Cantik.. Kerugian pos menurun... Mungkin pos akan dijualkan..
Beli, iya
2024-01-30 09:02 | Report Abuse
Just be patient & make money when the time comes
2024-01-30 09:01 | Report Abuse
53sen cleared. Hold your breath
2024-01-29 20:09 | Report Abuse
Closed at 53sen, up ~2% ... Not bad .just the start :p
2024-01-29 12:56 | Report Abuse
52.5-53sen, just the start ;)
2024-01-29 11:46 | Report Abuse
1/2 to 1sen untung, let small retailers dulu. Keep calm
2024-01-29 10:34 | Report Abuse
Reported on Nov 9, 2023. Would the real deal come this year? A million ringgit question ;)
KUALA LUMPUR: Shares in Hwa Tai Industries Bhd attracted investors' interest in early trade Thursday although the company has not made any major corporate announcements.
2024-01-29 10:00 | Report Abuse
Nov 9, 2023, 74sen. If takeover offer, price ~rm1 valued the company~rm75mil... So cheap compared to munchy valuation haha
2024-01-29 09:42 | Report Abuse
KUALA LUMPUR (Jan 29): Foreign investors returned as net buyers on Bursa Malaysia, contributing to a net foreign inflow of RM267.7 million last week after disposing of local equities worth RM66.3 million in the prior week during a shortened trading week in conjunction with the Thaipusam holiday on Thursday.
2024-01-29 09:41 | Report Abuse
KUALA LUMPUR (Jan 29): Foreign investors returned as net buyers on Bursa Malaysia, contributing to a net foreign inflow of RM267.7 million last week after disposing of local equities worth RM66.3 million in the prior week during a shortened trading week in conjunction with the Thaipusam holiday on Thursday.
2024-01-29 09:26 | Report Abuse
Undervalued. People tak notice pun. :)
2024-01-26 22:29 | Report Abuse
Short selling is a trading strategy that involves borrowing and selling shares of a company, hoping to buy them back at a lower price and profit from the difference. However, short selling can also create downward pressure on the stock market and destabilize the economy. China has taken various measures to limit or restrict short selling, especially during periods of market volatility. Some of these measures are:
- Banning intraday short selling: This means that traders who sell borrowed shares must wait until the next day to buy them back. This prevents traders from exploiting short-term price fluctuations and amplifying market swings¹².
- Tightening rules on securities lending: This means that brokerages have to cap the size of their securities lending businesses, which provide the shares for short selling. This reduces the supply and availability of shares for short selling²³.
- Investigating and punishing "malicious short-selling": This means that regulators monitor and crack down on any illegal or unethical practices of short selling, such as spreading false rumors, manipulating prices, or colluding with others. This deters traders from engaging in short selling that harms the market or other investors¹³.
- Supporting the "national team": This means that state-owned institutions or funds intervene in the market by buying shares of key companies or sectors. This boosts market confidence and counters the negative effects of short selling²³.
These are some of the ways that China fights short selling. However, these measures also have some drawbacks, such as limiting market efficiency, transparency, and liquidity, or creating moral hazard and distortion. Therefore, China faces a trade-off between stability and innovation in its stock market regulations.
Sumber:
(1) China clamps down on short selling | World Finance. https://www.worldfinance.com/strategy/government-policy/china-clamps-down-on-short-selling.
(2) China’s Biggest Brokerage Restricts Short Sales After Stock Rout - BNN .... #
2024-01-26 21:55 | Report Abuse
very low number of shares issued. A small market cap presently.. easy target for many purposes. :)
Stock: [DRBHCOM]: DRB-HICOM BHD
2024-02-01 08:53 | Report Abuse
Baik bagi proton :)
https://finance.yahoo.com/news/toyota-group-plant-raided-test-073726548.html