Richardlee After ur research 30 posts with ur algorithm, how? Today up or down??

@angelol u when there with ur girl girls friend or ur man?? :)

angelol Actually, I saw Icon in Hengyuan forum, just dont understand why investo dont dare to head to head with icon in Hengyuan. Hide here being unknown for what? very girlish la, be a man. Oh ya you are a girl. Very annoying, like those vietnamese girl keep on ask me buy beer.
05/10/2017 20:28

@bwc tonight 8pm i waiting u at stulang kfc. I wear Adidas white shirt

Aiyoyo dun spam like that leh... Short and dynamic when comment
@#$$__&&-+ !!

Can buy ah??

Taiko richardlee, no bcos the fb boring and not friendly using. The most u r not there ma.....
Today big picture Oil prices fall for third straight session, settling at $49.98, after big rise in US crude exports - http://cnbc.com/id/104750560

Placed q 0.045, huhu...

Not just prata and sky just lah.... Just joking

Starbucks, kfc, or i recommend stulang laut at jb kfc- our sultan one just seaside or stulang mee rebus- power!!

Richardlee good , congrats
I started posting in other stock forum already. Learning more investment, i still newbie. :-
Bwc if u really the southern guy pm me and we come out and share experience. I sincerely invite...

@poppy yes, my fault but the management never get wrong, the public always right but the most the cycle.
Lost few hundred is ok but very good lesson to me. Thank you

.

:)

Moon cake and watch cloudy sky?

Haha same same friend @im67 :D

But i know bwc learn very very hard bout stock. Butterfly, triangle, support and resistant and macd.

Hm.... Im johorean but if someday i meet him... I will blanja him plain roti with sky juice. :)

Normally he hope to comment at the la.s...s......t..t.t..t..... One before 5pm and after that he reach home he wil count the post we comment and use their big picture and crystal ball calculator to tut tut tut and predict tomolo movement. He try to dive inside the AA and have big ego try to beat AA and all of us include Icon8888.

Jesse Livermore said "don't argue with the tape" Sometime i also very very stupid argue the tape when they move opposite. The human weakness....

Aiya i do some research already. 5pm richardlee go back to home. Depend on traffic richardlee will reached home around 1830-1900 or some time makan outside and late to comments loh...

Saturday less comments but if he cannot tahan we talk talk here than start copy and paste. Same on Sunday. But i know bwc was a guy not auntie bcos no need to masak mask for famili or may single. Bwc usually less active outdoor or midnight life....

Oh.... I know, i know. When icon888 ask ppl to buy @1.80 bwc and 67lee didn't follow. Bwc keep said do ur own research, big pix, and crystal ball bounce. Then they finally top up at 3.21 2nd last new high ma..... Then hor drop loh !

I think richardlee modem 256mb punya

@elbrutus ya, good song. Let it be, let it be....
Lalala

Tq, profit 25.42%
Sell-ed....... Wa hahahaha

Ya ya ya baru ada connection. Ini kali lah....
Good good gogogo.....

Bwc and richardlee
Ppl all here laugh ur big picture and crystal ball, u never received??
Ur internet connection 512md??

Bwc ur internet faster than Australia??
Australia Has Slower Internet Than Kenya, Russia and Hungary https://www.bloomberg.com/news/articles/2017-10-03/digital-doom-threatens-australia-where-internet-speeds-lag-kenya

@supermx honda, what honda? Honda kapcai.....

No risk no good return. Haha
Sayang broker fee.... Wait till it gap down, i sell

Big picture, Singapore rain...

http://english.astroawani.com/business-news/mahb-wooing-five-airlines-fly-klia-156739

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Sdg to rm
3.1099
Keep eye to big picture , big bo*b and big bot

http://english.astroawani.com/business-news/proton-restructuring-can-revive-asean-car-project-156777

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@richardlee woodlands ☁ ☁ ☁
Do ur place ☔ ☔ ☔?

Tap... Tap... Tap...
Tambah makan or... Potong leher??

Oh... Rotard trump fighting with rocket kim.
Ballistic bomb haven't reached but the aura of f**k words fly every inside the supported forum....

Hahahaha, angelol, angelol

If geely cannot successful turning proton upside down, then china henry ford li shufu fame are just another pariah businessman?? Are u fortunate teller?? Now i q 0.05....

Can Proton do it this time?
AUTO
Saturday, 11 Feb 2017

by intan farhana zainul




image: http://www.thestar.com.my/business/business-news/2017/02/11/can-proton-do-it-this-time/~/media/c4c6bbaefabd41dba45a9c1cba769a46.ashx


All eyes are on who national carmaker will select as its strategic partner

A NEW technical partner for Proton Holdings Bhd could be a catalyst for DRB-Hicom Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

. For one thing, it would reduce the impact of Proton’s losses on DRB-Hicom.

For another, it will immediately increase Proton’s underutilised assembly plant in Tanjung Malim.

In addition, a collaboration with a new partner could open a new opportunity for the group to expand into Asean markets - which will mean better sales for the national car manufacturer.

These are among the factors for the potential upside of DRB-Hicom stock, which has been trading at a discount to its asset value for years, with investors shying away from the stock on issues such as Proton’s financial struggles.

At the current share price of RM1.26 apiece, DRB-Hicom is valued at a price-to-book value (P/BV) of 0.41 times, lower than the automotive sector’s at 0.7 times P/BV.

Despite seemingly cheap valuations for a company with strategic assets in automotive and logistics services, it is worth noting that DRB-Hicom is a loss-making one.

For the first half of its financial year ending March 31, 2017, the company’s net losses widened to RM478.9mil from RM15.8mil a year earlier.

Revenue during the period fell by a billion ringgit to RM5bil due to lower vehicle sales.

Nonetheless, five out of six analysts surveyed by Bloomberg have a “buy” call on DRB-Hicom, with a consensus target price of RM1.49.

International marques

Apart from Proton, DRB-Hicom also assemble international marques such as Honda, Toyota and Volkswagen.

DRB-Hicom had announced earlier that it aims to reduce its dependence on the automotive segment, which is vulnerable to economic cycles, and that it wants to raise revenue contributions from logistics.

Presently, the automotive and property businesses contributed 81% to the group’s total annual revenue, while the remaining 19% is from its services segment that include logistics and financial services.

In DRB-Hicom’s results for FY16 ended March 31, the firm posted a net loss of RM991.9mil from RM300.2mil in FY15.

During the period, its automotive segment booked almost RM1bil operating losses.

Excluding its automotive’s RM1bil loss, DRB-Hicom should have made a RM370.5mil profit.

With local car sales on the downtrend and the continuous effort to liberalise the automotive segment, the national carmaker has no choice but to buck up.

More sales

The biggest question is can the new partnership turn around Proton, which has been suffering from declining sales, losing market share and is in dire need of a partner with the technical expertise to make it more competitive.

In 2016, Proton sales dropped by 30% to 72,290 cars from 102,174 units in 2015, and lost its market position to Honda.

“What Proton needs is a foreign strategic partner that can help Proton with a new model development, technology transfer, management of development costs, implementation of a more cost effective manufacturing processes, penetration of new markets and revitalise the Proton brand,” RHB Research analyst Alexander Chia says.

He says a typical car manufacturer would have an average product life cycle of about six years.

“Proton’s products typically have an extended life cycle due to a lack of economies of scale where it takes a longer time to sell the requisite number of units to adequately amortise development costs.

“Towards the latter part of this extended life cycle, Protons’ products have become increasingly uncompetitive as they get left behind by newer competing products.

“They need wholesale improvement in manufacturing scale to remain competitive in a demanding market,” Chia says.

For Proton to break even, he says the firm needs to produce at least 100,000 - 120,000 cars per year.

Proton has already been exporting its cars to Brunei, Australia and Chile, but not in a big way.

Another analyst says that the development cost for a new model such as Proton Iriz cost about RM500mil and that it needs to sell at least 200,000 units within five years with the development cost per unit at around RM3,000.

Note that Proton is currently in the midst of finalising a technical partner that could be in the form of China-based Geely or PSA Group of France.

The requirement to collaborate with a well known strategic partner was imposed upon Proton as part of the conditions issued by the Government for its approval of an RM1.5bil soft loan to Proton, in which a bulk of the money would be used to pay its vendors.

Asean market

Aside from fulfilling the condition, DRB-Hicom wants a collaborator that can provide a strategic, operational and cultural fit to the national carmaker.
also ensure that Proto

Li Chunrong named CEO of Proton manufacturing arm
Samantha Ho
/
theedgemarkets.com

September 29, 2017 12:58 pm MYT

-A+A
SHAH ALAM (Sept 29): After much speculation, DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd confirmed today that Dr Li Chunrong will be the new CEO of Perusahaan Otomobil Nasional Sdn Bhd (PONSB).

Chunrong, who recently joined Geely's senior management from Dongfeng Honda Engine Co Ltd, and was widely rumoured to be appointed for the post, will be responsible for Proton's entire operations involving production, manufacturing, operations, marketing, quality, research and development, and sales and marketing.

"My job is not to look at the past, but I will work day and night to make sure Proton is strongly successful," he said following his appointment at a media conference today.

Chunrong, who will be succeeding Datuk Ahmad Fuaad Kenali effective Oct 1, added he would prioritise customer satisfaction, as well as look into product planning, procurement and quality.

Meanwhile, Datuk Radzaif Mohamed will remain deputy CEO of PONSB.

"We are confident now that we have the right team to steer Proton," DRB's CEO Datuk Seri Syed Faisal Albar Syed Albar said at a media conference today.

Daniel Donghui Li, Geely's executive Vice President and chief financial officer, emphasised that the key for the company's success would be the products it offered.

Syed Faisal said the loss-making national carmaker may breakeven as early as 3 years from now, and turn profitable in five years' time.

"In 10 years, the aim is to make Proton the largest brand in Asia," he told reporters.

On the subject of future product launches, Syed Faisal said it would take time to convert Geely's models to right-hand drives.

"For the next fourteen months, there will be no new product launches, but we have to do something to improve customer satisfaction," Chunrong said.

Daniel reaffirmed Geely's support for Proton, saying it would offer Volvo's resources, as well as supply new engines to the Malaysian carmaker.

This will include engines that meet the Euro 6 emission standards, hybrid engines and pure electric engines, Daniel said.

Proton, which is currently using Euro 4 emission standard engines, would need these new engines in order to improve its exports across ASEAN, Syed Faisal added.

Proton Holdings Bhd saw the appointment of Daniel and Feng Qing Feng, Hong-Kong listed Geely Auto's group Vice President and chief technical officer, to its board, which would continue to be chaired by Syed Faisal. The board would also be joined by Shahrul Farez Hassan and Amalamathan Thomas, who are part of the senior management team at DRB-Hicom.

Farez is chief operating officer of properties, corporate planning, and strategy at DRB, while Thomas is group director of group financial services in the same company.

All five directors of Proton will also sit on the board of PONSB, and will be joined by Dr Nathan Yu Ning, Geely's Vice President of international business, and Winfried Vahland, former chairman and CEO of Skoda Auto.

Meanwhile, Proton Edar Sdn Bhd, the carmaker's Malaysian distribution unit, also saw the appointment of Farez, Thomas, Daniel and Yu.

The appointment of Li marks another stepping stone in the conclusion of plans to revive Proton, which DRB's CEO Datuk Seri Syed Faisal Albar Syed Albar said could be completed as early as end-2018.

Geely and DRB had in June this year signed a definite agreement that saw Geely buying a 49.9% stake in Proton, while DRB kept the controlling 50.1% stake.

Trader never scared. Q: 0.035

Can buy ar?

Lato seri lee,
I give u some good news to break your loneliness

Japan business mood hits decade-high, survey shows - https://www.cnbc.com/2017/10/01/japanese-big-manufacturers-mood-improves-in-q3-bojs-tankan-survey-shows.html

Singapore's Home Prices Rise for First Time in Four Years https://www.bloomberg.com/news/articles/2017-10-02/singapore-s-home-prices-rise-snapping-record-four-year-decline

India's Bajaj Auto mulls setting up regional hub in Malaysia | http://www.klsescreener.com/v2/news/view/287473

Hoho, Ben graham said the Mr market moved craziness. Not reflecting by reality

Richardlee, can buy ar??

http://english.astroawani.com/business-news/new-ceo-can-lead-protons-global-forays-mustapa-156673

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As William O'Neil said new team of management will make stock to higher, perhaps

Nanti AA plane kena habuk tak boleh landing... M9nday boleh bli kah??

I warned.... See bali island volcano
http://english.astroawani.com/malaysia-news/bali-bound-malaysian-aircraft-told-advise-passengers-contact-embassy-156581

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I dun like otang, anyway i only use real money.

Today ave volume by 20days (2.11m) now already surpass 0.36mil
Yest ave volume by 20days (2.14m) and accumulate by 2.355mil
Seem yest traders try to distribute the ticket for today. I guess later won't fly but i keep in hand lor...

But dun know fatty kim farting or not. Relax.... Relax.....
Worth to keep something for uptrend.

Sudah tambah makan... sikarang tunggu.
U olang sudah tambah kah? Kiki

If 4pm later can't get the tic, cancel...