DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.41

Today's Change

+0.01 (0.71%)

Day's Change

1.40 - 1.42

Trading Volume

1,244,900


28 people like this.

25,259 comment(s). Last comment by WiraBoleh 9 hours ago

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

Proton sold 12,882 units in January, best start to year since 2013
By Bernama / Bernama
05 Feb 2024, 05:13 pm

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

Analyst Consensus
Consensus Target PriceRM1.81
DifferenceRM0.48
Potential Gain/Loss (%)36.28%
Consensus Date06 Sep 2023
Outperform

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Etika Strategi Sdn Bhd 55.92 1,081.06 0.00 378.10 31-Mar-2022 Other Substantial/Declarable
Employees Provident Fund Board 9.98 192.97 -1.55 61.21 13-Jul-2023 Other Substantial/Declarable
Lembaga Tabung Haji 3.53 68.23 14.64 23.86 31-Mar-2022 Other Substantial/Declarable
Eastspring Investments Berhad 2.95 56.99 4.83 19.93 31-Mar-2022 Other Substantial/Declarable
The Vanguard Group, Inc. 1.52 29.46 3.16 10.31 31-Mar-2022 Other Substantial/Declarable
CIMB Bank Berhad 0.75 14.40 -3.77 5.04 31-Mar-2022 Other Substantial/Declarable
Dimensional Fund Advisors, L.P. 0.72 13.92 -7.22 4.87 31-Mar-2022 Other Substantial/Declarable
Vanguard Emerging Markets Stock Index Fund (US) 0.63 12.10 0.00 3.47 30-Jun-2023 MF
Tai Tak Estates Sdn. Bhd. 0.57 10.95 0.00 3.83 31-Mar-2022 Other Substantial/Declarable
Vanguard Total International Stock Index Fund 0.56 10.77 0.00 3.09 30-Jun-2023 MF

@WiraBoleh

Berapa saham drb Syed Mokhtar pegang?

12 hours ago

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

Usah miss the boat. Hehe

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

Up 2sen already.

Posted by TheNormieTrader > 2 weeks ago | Report Abuse

support at 1.300 , if break support then it go lower down

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

bagus... uptrend OTW.. majoriti rakyat cuma mampu beli kereta proton :)

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

bos geely ataupun geely harus acquire a stake in DRB macam kat mercedes :) wait n see

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

kwsp ~10% stake dalam drb.. mantap
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

Good123

23,436 posts

Posted by Good123 > 2 weeks ago | Report Abuse

kwsp punya stake ~10% dalam drb boleh dijualkan semua kpd geely :)

WiraBoleh

128 posts

Posted by WiraBoleh > 2 weeks ago | Report Abuse

@Good123. Tk, brother

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Malaysia-based conglomerate DRB-Hicom and Chinese automaker Zhejiang Geely Holding Group Co., Ltd. (Geely) have signed a joint venture agreement to develop the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak in Malaysia.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Geely is a Chinese automotive company, while DRB-HICOM is a Malaysian conglomerate with interests in various sectors, including automotive. Geely acquired a significant stake in Proton, a Malaysian automaker owned by DRB-HICOM, forming a partnership to enhance Proton's capabilities and expand its market presence. This collaboration has led to the introduction of new models and technology sharing between the companies.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

DRB-HICOM is a Malaysian conglomerate with diverse business interests, including automotive, services, and property. Geely's partnership with DRB-HICOM, particularly in the automotive sector, provides strategic opportunities for both companies. The collaboration allows Geely to access the Malaysian market and leverage Proton's existing infrastructure, while DRB-HICOM benefits from Geely's expertise, technology, and global automotive insights. This partnership is aimed at strengthening Proton's position in the automotive industry and fostering mutual growth and development.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Proton, as a Malaysian automotive manufacturer, has shown significant potential in recent years. Its partnership with Geely has brought about advancements in technology, design, and market reach. The collaboration aims to enhance Proton's competitiveness, not only in Malaysia but also in the global automotive market.Proton's potential lies in leveraging Geely's expertise, accessing new markets, and introducing innovative models. Continuous investment in research and development, coupled with strategic partnerships, positions Proton to tap into the growing demand for sustainable and technologically advanced vehicles. Monitoring industry trends and consumer preferences will be crucial for realizing and maximizing Proton's potential.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

KUALA LUMPUR: Foreign investors continued their trend of net buying on Bursa Malaysia, with an inflow of RM400.7 million, marking the third consecutive week of net purchases, said MIDF Research.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Up 3sen. 1.37, 1.4++ anytime :)

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Buy rate 89%@RM1.37 now

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Who will be buying? China funds? :)

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Good also, geely or its founder holds 10% stake in drb like in mercedes. Can ask for a seat in the board of directors

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Better to acquire quietly like geely did to Mercedes

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Drb is cheap, PE is below 10, net assets per share rm3.91

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

DRB-HICOM Berhad is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. Wikipedia
Subsidiaries: Proton Holdings, Puspakom, Edaran Otomobil Nasional, Pos Malaysia, More
Stock price: DRBHCOM (KLSE) RM 1.36 +0.02 (+1.49%)
13 Feb, 11:38 am MYT - Disclaimer
Parent organization: Etika Strategi Sdn. Bhd.
Headquarters: Shah Alam
Founder: Yahaya Ahmad
Founded: 2000
ISIN: MYL1619OO005
Number of employees: Approx. 47,000

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Shareholder Yield for DRBHCOM is ‎10.4%‏ and above peers

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

52 week high was rm1.77 :)

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Up 3 sen dah. Esok another few cents, 1.4++ ;)

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Bank Muamalat Malaysia Berhad
https://www.muamalat.com.my/investor-relations
Bank Muamalat Malaysia Berhad – Shareholders
WebJan 24, 2024 · The shareholders comprise DRB-HICOM, which holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares. DRB-HICOM Berhad is …

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Bank Muamalat Malaysia has the potential for growth and success, given its focus on Islamic banking. With the increasing demand for Sharia-compliant financial services, the bank can capitalize on this niche market. Continuous innovation, customer-centric strategies, and adapting to industry trends will be crucial for unlocking its full potential in the evolving financial landscape.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Proton + muamalat bank----> cool

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Restart?

Khazanah Nasional Bhd plans to divest its entire 30% stake in Bank Muamalat Malaysia Bhd in the proposed merger between the lender and Malaysia Building Society Bhd (MBSB), sources say.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Ipo for bank muamalat, spin off from drb hicom. Baik jugak

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Up 3 sen.. Esok up 3 sen again = 1.40 dah

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Geely has been expanding its presence globally, acquiring brands like Volvo and investing in new technologies. While it may face competition, its strategic moves suggest potential for further growth in the global automotive market. Keep an eye on developments in the industry

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

DRB-HICOM is a Malaysian conglomerate that operates in various sectors, such as aerospace, defence, automotive, banking, postal, and services¹. The company's share price has been on an upward trend since the beginning of 2024, reaching a 52-week high of RM 2.80 on February 13, 2024². Some of the factors that may contribute to the company's performance include:

- The successful completion of the sale of its 49% stake in Proton Holdings to China's Geely Automobile Holdings, which resulted in a net gain of RM 1.1 billion for the company³.
- The strong demand for its defence products, especially the AV8 Gempita armoured vehicles, which have been delivered to the Malaysian Army and exported to several countries in the Middle East and Africa⁴.
- The expansion of its postal and logistics business, which has benefited from the growth of e-commerce and the digital economy in Malaysia and the region⁵.

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Bank Muamalat is an Islamic bank in Malaysia that is 70%-owned by DRB-Hicom, a Malaysian conglomerate that operates in various sectors¹. DRB-Hicom acquired its stake in Bank Muamalat from Bukhary Capital, a company controlled by Tan Sri Syed Mokhtar Albukhary, in 2008². Bank Negara Malaysia, the central bank, approved the acquisition on condition that DRB-Hicom would eventually pare down its stake to at least 40%².

However, DRB-Hicom has not been able to find a suitable buyer or partner for Bank Muamalat, despite having talks with several local and foreign financial institutions over the years². The latest attempt was with Bahrain-based Al-Baraka Banking Group in 2010, but the deal did not materialize². DRB-Hicom has also considered listing Bank Muamalat on the stock exchange as a way to reduce its stake, but there has been no progress on this front either¹.

According to sources, Syed Mokhtar has no plan to exit the banking business and still intends to trim his stake in Bank Muamalat through a listing in the next two years or so¹. However, the banking industry is facing increasing challenges and competition, especially in the Islamic segment, which may affect Bank Muamalat's performance and valuation². Therefore, it is uncertain when and how DRB-Hicom will be able to divest its stake in Bank Muamalat. 🤔

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Buyers are accumulating drb shares in stages. A big wave is otw ;)

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

IPO bagi bank muamalat ataupun jualkan kpd pihak lain.. wait n see

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

tunggu berita terbaru, bank muamalat, harga boleh terbang jugak :)

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

harga dah bottom out, tunggu ia melambung je kini

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

mereka yg tak sabar, jualkan kpd mereka yg kaya tunai dan sanggup menunggu dan ada masa

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

banyak perkara -harga boleh terbang... buyer for pos, bank muamalat/ipo jugak

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

Buy rate 85%

Good123

23,436 posts

Posted by Good123 > 1 week ago | Report Abuse

epf HOLDS ~10%. stay calm yah

WiraBoleh

128 posts

Posted by WiraBoleh > 5 days ago | Report Abuse

Keputusan q4 pasti cemerlang punya DRB ni

WiraBoleh

128 posts

Posted by WiraBoleh > 9 hours ago | Report Abuse

RM1.50 apabila q4 keluar 😃

Post a Comment
Market Buzz