Posted by Contender > 2017-02-27 10:02 | Report Abuse

win-win for both PSA and Geely

PSA gets Proton and Geely gets Lotus .... triple win for DRB-Hicom.

Posted by aa88 > 2017-02-27 10:49 | Report Abuse

results out ?/

Posted by CDYS > 2017-02-27 12:12 | Report Abuse

today up or down ?

Posted by calvintaneng > 2017-02-27 12:17 | Report Abuse

GO GO POWER RANGER!!

Posted by goldenluck16 > 2017-02-27 12:33 | Report Abuse

STRONG CLOSING

Posted by The One • > 2017-02-27 12:34 | Report Abuse

Profit takers well absorbed with positive Buy Rate. Looks like we may see more upside after break. 5k sell queue at 1.44 gobbled just like that b4 break.. wow !!

Posted by Berkat > 2017-02-27 12:36 | Report Abuse

gogogo

Posted by rchi > 2017-02-27 12:51 | Report Abuse

once break 1.53 rocket will be launched

Posted by rchi > 2017-02-27 12:52 | Report Abuse

cimb wanna goreng c26

Posted by rchi > 2017-02-27 12:53 | Report Abuse

remember how cimb goreng c19?wakaka

Posted by cheshirecat > 2017-02-27 12:56 | Report Abuse

Hi all the darling guys keep us update on TA . Thank q.

Posted by takashi86 > 2017-02-27 14:26 | Report Abuse

if proton took over lotus like 3-5 years b, i think is possible tat proton n lotus go separate way for FSP, but proton took over lotus way b to year 1996!

how much loan lotus took tat proton act as guarantor, the P&C info both parties sharing...so proton in such a condition, still willing to go thru all those time consuming process to settle all the internal issue b4 2 FSP to step in proton n lotus separately??

is like ppl wanna buy maybank but not maybank islamic...is not logical biz decision n method.

Posted by The One • > 2017-02-27 15:29 | Report Abuse

Its normal for traders to take profit and wait in the sideline b4 the QR is out. Also there are certain parties that wanna average down the price. MMs may stay passive and just absorbing.. due to the sell-offs. Lets see how it goes. Me opine this QR should be to be better than the previous one. Whatever it is.. DRB looks bright once the FSP or FSPs confirmation is announced. Just me 2 cents. Gudluck everyone.

Posted by pang123 > 2017-02-27 16:08 | Report Abuse

Drb will return to profit. The divestment on the corwin holdings and the higher profit from POS malaysia should help to give them a nice profit.

Posted by Bull13 > 2017-02-27 16:20 | Report Abuse

They will need to show a profit to be a good partner.

Posted by yongch > 2017-02-27 16:29 | Report Abuse

Minister oledy said "proton"sell to EU n lotus flower sell to china...all bcoz tj.M n shah alam n spore value land n pos share...if add mualat bznes....tp3.0!!!!but 2.0 sudah cukup for retirement Liao....Kikikiki.....ini kali lo!!!

Posted by CDYS > 2017-02-27 16:32 | Report Abuse

Today no show ?

Posted by pang123 > 2017-02-27 16:41 | Report Abuse

Selling assets would unlock DRB potential. Selling proton would certainly unlock their NTA Rm3.1. It would be better than making losses every quarter. See NTA dropping everytime.

Posted by pang123 > 2017-02-27 16:43 | Report Abuse

But market still under selling pressure. All stocks need some good news to go up. Or else all will on selling mode

Posted by oldchinaman > 2017-02-27 17:22 | Report Abuse

KANNNNN D L BU, they push down the closing price to lower C23 's settlement price

Posted by lowcharboa > 2017-02-27 17:25 | Report Abuse

oldman, don't kan kan kan kan kan,i m also a LOW BU

Posted by Berkat > 2017-02-27 18:10 | Report Abuse

our darling in 2017

Posted by 4086 > 2017-02-27 18:12 | Report Abuse

today no QR?

Posted by rchi > 2017-02-27 18:17 | Report Abuse

onmani,drbhcom is uptrending,any pullback is a buy.
further c26 expire in half a yr,n the conversion ratio is good.
this co has no choice as the govt RM1.5 bil loan specified they MUST appoint a fsp.
i m not worried as i m going to pick up..tks for concern..cheers.

Posted by The One • > 2017-02-27 20:21 | Report Abuse

4086.. nope.. today nil announcement by DRB in Bursa. So looks like tomorrow then.

Posted by Tham Leong > 2017-02-27 20:34 | Report Abuse

Correct 2 molo qr out ......fly

Posted by The One • > 2017-02-27 20:45 | Report Abuse

But tomorrow is also the maturity date for C23 issued by MQ.. hmm

Posted by char1234 > 2017-02-28 00:17 | Report Abuse

oh oh....time to buy again

Posted by char1234 > 2017-02-28 07:13 | Report Abuse

bad closing ....

Posted by kevinobc > 2017-02-28 10:14 | Report Abuse

KUALA LUMPUR: CIMB Equities Research is maintaining its Add call on DRB-Hicom, with an unchanged sum-of-parts based target price of RM1.69, which is 10% below its realised net asset value (RNAV).

It said on Monday its Add call was supported by the imminent foreign strategic partner (FSP) for Proton Holdings Bhd (Proton) and better performance by DRB-Hicom’s services division.

StarBizWeek reported that French PSA Group (PSA) is likely to be chosen as the FSP for Proton as it presented the best proposal to rescue and expand Proton’s operations in Asean. PSA plans to raise Proton’s capacity from 150,000 units a year to between one million and two million units a year.

The report also said PSA proposed to consolidate Proton’s production by transferring the production lines in the Shah Alam plant to the underutilised Proton City plant in Tanjung Malim in order to gain better economies of scale and become more competitive.

PSA is said to be ready to finance the construction of the new plant in Tanjung Malim. According to the latest filling, PSA Group had net cash of €4.5bil as at December 2015.

StarBizWeek also reported that another contender for controlling stake in Proton, Geely
Automobile Holdings (Geely), was more interested in acquiring Lotus (British sports car manufacturer) than taking a stake in Proton.

CIMB Research also said it was not surprised that Geely is seeking to tap into Lotus’s engineering technology and experience in consulting and development for other global automakers.

“We think PSA would be a good fit for Proton given its strength in the sports utility vehicle (SUV) segment. The article mentioned that PSA intends to produce SUVs for the Asean market and Proton currently does not have exposure to SUV segment.

“We note that demand for SUVs in Malaysia is strong, given the popularity of SUV models such as Honda HR-V, CR-V and Mazda CX-5. PSA’s entry is likely to make its’ products more attractive due to competitive pricing, as there will not be any import duties on cars originating from Asean

“The article reported that PSA appears more interested in acquiring a controlling stake in Proton, while Geely prefers to acquire Lotus (instead of DRB’s entire stake in Proton).

“DRB stands to benefit from the proposed disposal or reduction in Proton stake, as it would no longer be required to consolidate Proton’s and Lotus’s losses in its group financial statements. Excluding Proton, we estimate that DRB would have reported RM467mil net profit in FY16, instead of RM992mil net loss,” said CIMB Research.


Read more at http://www.thestar.com.my/business/business-news/2017/02/20/cimb-research-retains-add-for-drb-hicom/#ZR4P8rdJmMcBFSOf.99

Posted by aa88 > 2017-02-28 10:17 | Report Abuse

results out? today last day liao

Posted by Bull13 > 2017-02-28 11:00 | Report Abuse

Possible profit + Dividend today

Posted by pang123 > 2017-02-28 11:34 | Report Abuse

Bad result? Falling back

Posted by HowAh > 2017-02-28 11:34 | Report Abuse

Omg sei jor market.... How ah?

Posted by pineapple123 > 2017-02-28 11:50 | Report Abuse

bare in mind today will be fgv and drbh.

Posted by Contender > 2017-02-28 11:55 | Report Abuse

Darkest before dawn ....

Posted by pang123 > 2017-02-28 12:07 | Report Abuse

Proton sales has done well especially on persona and the new saga for month of november and dec. With money from the divestment of crown holdings and higher revenue/profits from POS with higher share holdings, i m expecting a positive quarterly report. Unless they suffered some big impairment.

Posted by Contender > 2017-02-28 12:11 | Report Abuse

should be decent qtr results... after all now matchmaking final round already, have to look good for new expatriate spouse.

12.30pm release or 5.00pm release ??

Posted by MoneyUp888 > 2017-02-28 12:15 | Report Abuse

Hold tight regardless of result.

Posted by pineapple123 > 2017-02-28 12:40 | Report Abuse

can never NEVER kill the big bird hahaha

Posted by rchi > 2017-02-28 13:32 | Report Abuse

Fsp to be announced earliest end march or latest mid april.
Accumulate..

Posted by The One • > 2017-02-28 14:47 | Report Abuse

Some people still cautious or not confident that the FSP/FSPs will go thru. If not by now DRB should have so-called "rocketed". Also today is C23's (issued by the notorious MQ) maturity date.. hence the persistent blocks for the past few days. Hmm..

Posted by nekosan > 2017-02-28 15:01 | Report Abuse

Gambling time over!

DRB is a sell!

Anything above 1 just sell!

Posted by Beerbeer88 > 2017-02-28 15:09 | Report Abuse

DRBHICOM result will never be good. But outlook for how it's biz run will be the key. Get Proton issue settle, will be a big positive contributor.
After last QR on November the pricing is 0.90 compare to today just bout 3 months time. People appreciate DRB biz more the QR.

Posted by The One • > 2017-02-28 15:22 | Report Abuse

Nekosan.. what do you mean by "gambling"?

Posted by Eric Lim > 2017-02-28 15:24 | Report Abuse

Simply utter rubbish

Posted by calvintaneng > 2017-02-28 15:45 | Report Abuse

Don't worry guys

Nekosan has gambled and lost kaw kaw.

For DRB the Rock Solid News is coming soon

And for DRB the Best Is Yet To Come!

Posted by pang123 > 2017-02-28 15:52 | Report Abuse

Good result coming.

Posted by cinapeh > 2017-02-28 15:59 | Report Abuse

NO FXXK NO SON, i bought another 180k c26 @ 11c

Posted by cinapeh > 2017-02-28 16:02 | Report Abuse

total 850k average 8.5c