DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.13

Today's Change

+0.03 (2.73%)

Day's Change

1.09 - 1.13

Trading Volume

1,236,900


28 people like this.

25,330 comment(s). Last comment by hw0706 1 day ago

Eric Lim

508 posts

Posted by Eric Lim > 2017-05-08 13:32 | Report Abuse

TP 2.50 end of june when FSP for Proton is announced

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-05-08 13:32 | Report Abuse

Expect good deal with proton after najib visit china??

cn21

491 posts

Posted by cn21 > 2017-05-08 13:35 | Report Abuse

Proton potential strategic partner make also face the problem of China’s new measures to control flight of capital.... Be careful.... DRB may become second IWCITY......

Posted by Nelson Yoong > 2017-05-08 13:44 | Report Abuse

Still got France!!!

chanph

727 posts

Posted by chanph > 2017-05-08 13:51 | Report Abuse

After got show?

cn21

491 posts

Posted by cn21 > 2017-05-08 14:19 | Report Abuse

Macroeconomic analyst Hoo Ke Ping believes this is a smokescreen statement, to lessen the impact of tumbling share prices for IWH-linked companies in the wake of the news.

China, he said, refused to give the green light for the project as it is no longer in a position to invest in Bandar Malaysia due to stringent capital controls. China's refusal to give the go-ahead was a major factor listed for problems with the sale, according to an internal Malaysian Finance Ministry document viewed by the Wall Street Journal.

"All these projects China committed to from 2015 until now was committed without fully understanding China's worsening financial conditions," Dr Hoo told Channel NewsAsia.

"(So now), Chinese projects, whether state owned enterprises or private, as long as they're not strategic, they're out. There must be a strategic meaning to China's geopolitical interests."

extract :http://www.channelnewsasia.com/news/business/capital-controls-high-speed-rail-behind-collapse-of-bandar-8823716

Thus..... Is PROTON strategic (China's geopolitical) to China Automotive maker????

cn21

491 posts

Posted by cn21 > 2017-05-08 14:22 | Report Abuse

Nelson: Proton have worked with Peugeot on Satria model..... DRB know very well France's car just NOT selling in Malaysia..... Additionally, French's car is not cheap...different market segment!...

Posted by Nelson Yoong > 2017-05-08 14:44 | Report Abuse

Chinese gov asking their automobile company to expand to other part of the world, so this once in a life time for geely to expand to ASEAN!!!

cn21

491 posts

Posted by cn21 > 2017-05-08 14:55 | Report Abuse

Unfortunately... Proton is only selling in Malaysia... Indonesia sales is negligible......And Malaysia sales is only less than 100k car per year..... Is it strategically significant to China auto maker??

cn21

491 posts

Posted by cn21 > 2017-05-08 14:56 | Report Abuse

To me.....most probably NO deal from both PSA and Geely.....

pineapple123

2,472 posts

Posted by pineapple123 > 2017-05-08 15:17 | Report Abuse

Geely out of d picture ord!
Already quit the bidding mah.
Ppl, wat u oll toking ler

pineapple123

2,472 posts

Posted by pineapple123 > 2017-05-08 15:18 | Report Abuse

Calvin always linked DRBH with Pos earning.
Lets talk about DRBH itself

Solo

244 posts

Posted by Solo > 2017-05-08 15:43 | Report Abuse

Proton die d ma..
No one cares.. Look at Honda and Pos earnings.

I guess, sufficient to cover the rest

goldenluck16

1,955 posts

Posted by goldenluck16 > 2017-05-08 16:11 | Report Abuse

New high..huat ar

hng33

20,187 posts

Posted by hng33 > 2017-05-08 16:12 | Report Abuse

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

kudamuda

293 posts

Posted by kudamuda > 2017-05-08 16:15 | Report Abuse

congratulations to 161932 holder... huat huat..

vinvin

4,479 posts

Posted by vinvin > 2017-05-08 16:24 | Report Abuse

Tq DRB, sold at 1.50 !!!

pineapple123

2,472 posts

Posted by pineapple123 > 2017-05-08 16:26 | Report Abuse

sold finally - cannot sentimental with DRBH

chanph

727 posts

Posted by chanph > 2017-05-08 16:28 | Report Abuse

Looks like show will go on...

kirawang

240 posts

Posted by kirawang > 2017-05-08 16:30 | Report Abuse

for those who have sold hope you enjoyed the journey and for those who bought welcome aboard kahkahkah

calvintaneng

56,190 posts

Posted by calvintaneng > 2017-05-08 16:31 | Report Abuse

Congratulation to all!

The journey just begin now!

Remember Calvin's Call to buy Jaks at 40 sen?

SEE:

Posted by calvintaneng > Dec 16, 2014 03:00 PM | Report Abuse X

Whoa!

Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!

So don't wait or else Jaks jump Jump JUMP Up And Away!


JAKS JUMPED TO RM1.20 (UP 200%)

So hold tight all your DRB shares!!

As long as POS still moving up to Rm10.00

DRB on Target to reach Rm2.80!!!!


YESSS!!!!


RM2.80!!!!


HOORAY!!!!


SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOP!!!

hng33

20,187 posts

Posted by hng33 > 2017-05-08 16:34 | Report Abuse

sold back DRB30 at 22.5sen, lock all profit first

dusti

2,404 posts

Posted by dusti > 2017-05-08 16:42 | Report Abuse

Can do 1.55 in closing minutes or need tomorrow?

takashi86

747 posts

Posted by takashi86 > 2017-05-08 16:43 | Report Abuse

Calvin...hope after ur comment wont drop again ya...ini kalilah...lol

pineapple123

2,472 posts

Posted by pineapple123 > 2017-05-08 16:55 | Report Abuse

ok lah Calvin lol, good job today

cherry88

986 posts

Posted by cherry88 > 2017-05-08 17:04 | Report Abuse

RM2.80 ? need to revalue all its properties first. I am happy with RM2.00

Posted by birkincollector > 2017-05-08 17:05 | Report Abuse

Election stocks

cherry88

986 posts

Posted by cherry88 > 2017-05-08 17:06 | Report Abuse

Once its properties been revalued, its market value could go to RM5.00. then I believe its share price will go RM2.50. At current lever, fair value is at RM2.00 given its historically NTA of RM3.30. Stay tide for RM2.00 for the time being

Posted by Saravmaniam > 2017-05-08 17:10 | Report Abuse

lock 1 profit for C26....hope its move on....

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-08 17:10 | Report Abuse

Younghorse congrats to you too....
Go go go....
Dun forget Wednesday PH....!

alibiii

151 posts

Posted by alibiii > 2017-05-08 17:28 | Report Abuse

frankly speaking although I don't like both C26 and C32 which happen to expire on the same day, C26 should be more valuable than C32 for lower premium and higher gearing. Well, market is irrational and many people dunno what the hell is call warrant before buying into.

rch311

60 posts

Posted by rch311 > 2017-05-08 17:42 | Report Abuse

just opened my phone. wow!!! $1.50 already. almost can't believe what I'm seeing.

Posted by david6055my > 2017-05-08 17:42 | Report Abuse

Happy day

aajjvb

35 posts

Posted by aajjvb > 2017-05-08 18:04 | Report Abuse

suddenly everyone is so polite to Calvin ;)

Erie

497 posts

Posted by Erie > 2017-05-08 18:19 | Report Abuse

Kacingggg now is 1.50 hope more to come..niceee

rch311

60 posts

Posted by rch311 > 2017-05-08 19:25 | Report Abuse

aajjvb. I like you being so direct. hahaha

rch311

60 posts

Posted by rch311 > 2017-05-08 19:29 | Report Abuse

some start selling already? as long as you feel comfortable and satisfied is great enough. congrats!!!

takashi86

747 posts

Posted by takashi86 > 2017-05-08 19:41 | Report Abuse

aajjvb~is human nature...drop, just critic...up, just compliment...u go casino win money, everything is pretty in ur eyes; u lose money, auntie beside u cough u oso tulan.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-08 20:26 | Report Abuse

I keep thinking why tis fellow get out so early! Do it got any clue or he know smtbi didn't? I spend few hour to read but find nothing, why....? Who's know why he doing that (throw their stock) ??

hng33 sold back DRB30 at 22.5sen, lock all profit first
08/05/2017 16:34

Bren21

182 posts

Posted by Bren21 > 2017-05-08 21:01 | Report Abuse

mancing ...this is how you play stocks..dont fall in love with them..always learn how to profit!! if not guess what... market will slaughter you if u dont know when is right...hope it make sense.

Surewin123

12,593 posts

Posted by Surewin123 > 2017-05-08 21:04 | Report Abuse

Hey DRB, it was enchanted to meet you~

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-08 23:37 | Report Abuse

Bred21 u mean makng love just on half way b4 ejaculate then stop, ?! That what i mean.. tq

rch311

60 posts

Posted by rch311 > 2017-05-09 00:40 | Report Abuse

@ mancingbursa. Strong will power is my answer. Being a good stock players not just about good in math calculation. Must also good in phycology war. Many peoples are good in calculation but how many can withstand stress and waiting.

rch311

60 posts

Posted by rch311 > 2017-05-09 00:43 | Report Abuse

if I'm not strong enough during that Geely's saga in Feb/March. I'm already thrown off from this bull.

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-05-09 01:16 | Report Abuse

Strong is not the right word. I would say you have good patient.

calvintaneng

56,190 posts

Posted by calvintaneng > 2017-05-09 07:34 | Report Abuse

Good morning to all,

DRB just started its upward surge by POS spectacular performance.

More upside all the way!

Matter of time all Funds will rerate DRB.


So hold tight for better times ahead!

rch311

60 posts

Posted by rch311 > 2017-05-09 07:51 | Report Abuse

@TrippleZ. Thanks. whatever as long ppl understand what I'm saying.

yming

58 posts

Posted by yming > 2017-05-09 07:54 | Report Abuse

Thank you Calvin for update DRB info.... Keep it up the good job..

rch311

60 posts

Posted by rch311 > 2017-05-09 08:05 | Report Abuse

Patience - I'm still practicing... here I'm not so worry. my other counter making me nuts!

kudamuda

293 posts

Posted by kudamuda > 2017-05-09 08:18 | Report Abuse

KUALA LUMPUR: CIMB Equities Research is maintaining its Add call for DRB-Hicom with a higher sum-of-parts based target price of RM2.25.

It said on Tuesday this was a 10% discount to the realised net asset value (RNAV) as it assigned higher valuations to the group’s defence and aviation (CTRM) divisions, as well as Pos Malaysia following the April surge in its share price.

“Our Add call is supported by the imminent foreign strategic partner (FSP) for Proton. Key downside risks are no FSP for Proton and deterioration in Proton’s earnings,” it said.

CIMB Research visited DRB-Hicom’s automotive assembly plants, automotive university and defence vehicle assembly plant in Pekan, Pahang at end-April 2017, together with 30 buy-side analysts and fund managers.
“The visit was an eye-opener, as we developed greater appreciation for DRB-Hicom’s automotive manufacturing and defence vehicle assembly capabilities, which contributed positive operating profit to the automotive division in FY16.

Read more at http://www.thestar.com.my/business/business-news/2017/05/09/cimb-research-retains-add-for-drb-hicom-with-higher-target-price/#4pcFlSmLoLD4sKQv.99

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