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

ivankvs

517 posts

Posted by ivankvs > 2017-05-19 14:33 | Report Abuse

.

pang72

50,456 posts

Posted by pang72 > 2017-05-19 14:35 | Report Abuse

LTH don't know how to invest in share...
They are playing share

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 14:40 | Report Abuse

LTH really just got too much money...so they can buy and sell what they like. Why they sell you have to follow sell? We buy because we know the value of DRBHCOM after proton sale will shoot up like rocket.

runnerman

678 posts

Posted by runnerman > 2017-05-19 14:44 | Report Abuse

Good news coming......just wait

Posted by helloworld123 > 2017-05-19 14:47 | Report Abuse

maybe some news is leaking out from the meeting? price keeps going up!

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 14:50 | Report Abuse

Yes...I am really gambling on that good news....just wait...monday limit up....

titus

4,159 posts

Posted by titus > 2017-05-19 14:52 | Report Abuse

price up?...how come my screen show me price down......
I cash out all.....sayonara. hope to come bk here soon. All continue to huat ya :)

pang72

50,456 posts

Posted by pang72 > 2017-05-19 14:56 | Report Abuse

Wait...

KiasiPu

359 posts

Posted by KiasiPu > 2017-05-19 14:59 | Report Abuse

Najib pusing again?

OMGGGG

29 posts

Posted by OMGGGG > 2017-05-19 15:02 | Report Abuse

perhaps someone want to collect ?

8085208

241 posts

Posted by 8085208 > 2017-05-19 15:04 | Report Abuse

cheap!!!

mfmqqq

211 posts

Posted by mfmqqq > 2017-05-19 15:04 | Report Abuse

hold tp1.77...cautious

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:09 | Report Abuse

Buy cheap now.

ahlairich

85 posts

Posted by ahlairich > 2017-05-19 15:12 | Report Abuse

@titus what say you. share your opinion saja :P

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:12 | Report Abuse

They sell we buy. TP $3

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:13 | Report Abuse

Collect back...hahahahha...monday limit up...hahahahha

fl888

7,662 posts

Posted by fl888 > 2017-05-19 15:13 | Report Abuse

LTH selling at 1.74 when CIMB recommends fair value RM2.29,,,,LTH have excess bank balance why sell so cheap ... do not make cow sense at all

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:14 | Report Abuse

lower the price for us to buy cheap.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:14 | Report Abuse

Wait for the good news....

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:16 | Report Abuse

Where got sense? Just want short term profit. What to do? If they are so smart they should wait for the big prize...$3 baru sell.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:18 | Report Abuse

DRBHCOM will want to sell PROTON and this weekend we will know the answers.....be prepared.

paktua73

18,441 posts

Posted by paktua73 > 2017-05-19 15:18 | Report Abuse

Q abit at 1.72 ha ha oldman nyayuk one dare to dive in deep rarely ocean ha ha lai lai

cn21

491 posts

Posted by cn21 > 2017-05-19 15:18 | Report Abuse

Tabung haji sell as they know there is NO deal for FSP....

PM still want local control in proton... political reason...
DRB wish to keep existing vendors... as they are also the key vendors for Proton...
Proton want to keep their staff.... No retrenchment!!

You think any foreign partner will agree???

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:18 | Report Abuse

Once the newspaper come out with headlines PROTON JUAL....then drbhcom will go $3

pang72

50,456 posts

Posted by pang72 > 2017-05-19 15:18 | Report Abuse

1.77 stagnent

pang72

50,456 posts

Posted by pang72 > 2017-05-19 15:18 | Report Abuse

Time to move up!

pang72

50,456 posts

Posted by pang72 > 2017-05-19 15:20 | Report Abuse

While Proton has previously maintained that majority stake would remain with it, a recent news report in Bloomberg revealed that up to 51% stake of the national carmaker would be sold to a foreign party.

The proposed disposal has gained much interest, placing the stock among top active counters

rr88

6,532 posts

Posted by rr88 > 2017-05-19 15:20 | Report Abuse

same old trick. a stockist got hammered by tabung haji yesterday. so in order to get out at 1.76 he needs to push it to 1.84. got it? don't be fooled.

pang72

50,456 posts

Posted by pang72 > 2017-05-19 15:20 | Report Abuse

52% stake sell

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:21 | Report Abuse

Agree...time to move up. Less resistant. LTH kept selling down while people kept buying nonstop.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-19 15:21 | Report Abuse

Hahaha too hot, cooling down. I try to sell my loser counter buy the winner!

Secret

875 posts

Posted by Secret > 2017-05-19 15:22 | Report Abuse

Bought a little c26 at 0.235

ahlairich

85 posts

Posted by ahlairich > 2017-05-19 15:23 | Report Abuse

Apa le

May 19, 2017 14:05 pm MYT



KUALA UMPUR (May 19): Lembaga Tabung Haji has been progressively paring down its stake in business tycoon Tan Sri Syed Mokhtar Al-Bukhari’s DRB-Hicom Bhd following the proposed stake disposal in Proton Holdings Bhd to a foreign partner.

The pilgrims’ fund disposed 4.38 million shares on May 17 bringing its direct interest in DRB-Hicom to 5.3%, a filing in Bursa Malaysia showed today.

According to DRB-Hicom’s Annual Report 2016, Lembaga Tabung Haji owned 91.4 million shares or 4.73% stake as at June 30, 2016.

However, it began acquiring more shares starting March 6 this year before hitting its highest level of interest in DRB-Hicom at 5.69% on April 26 but then went on to dispose shares.

The group’s wholly-owned Proton is on the lookout for a foreign strategic partner to ensure its sustainability where parties comprising Chinese automaker Geely Automobile Holdings Ltd, and French companies PSA Group and Renault SA have shown interest.

While Proton has previously maintained that majority stake would remain with it, a recent news report in Bloomberg revealed that up to 51% stake of the national carmaker’s would be sold to a foreign party.

The proposed disposal has gained much interest, placing the stock among top active counters.

At 12.30pm, its share price rose nine sen or 5.29% to RM1.79 with 20.2 million shares transacted for a market capitalisation of RM3.48 billion. Year-to-date, the counter has increased 55.65%.

cn21

491 posts

Posted by cn21 > 2017-05-19 15:24 | Report Abuse

Once the newspaper come out with headlines PROTON JUAL....then drbhcom will go $3

you think tabung haji dont know that???

Why are they selling?? common sense, right?

Dont forget tabung haji also government linked....they know what is it going on.....

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:24 | Report Abuse

Yeah...trying to spoil the party....we will not give up...lets push it and make them regret selling.

ivankvs

517 posts

Posted by ivankvs > 2017-05-19 15:26 | Report Abuse

.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:26 | Report Abuse

We have to push hard and enjoy the party...and pop champagne. Proton jual kita riang...

Posted by helloworld123 > 2017-05-19 15:27 | Report Abuse

if LTH "knows" there is no fsp sale, they would have dispose off ALL their holding, wouldn't you think so?

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:27 | Report Abuse

proton proton lelong lelong....jual jual beli blibli....jangan tak beli nanti rugi...push above $1.80

mysaham

304 posts

Posted by mysaham > 2017-05-19 15:27 | Report Abuse

miss the boat. try to buy cheap. spread all the bad news.
just hold. up & down at this time is normal. few more weeks..

rr88

6,532 posts

Posted by rr88 > 2017-05-19 15:30 | Report Abuse

technically speaking, inverted hammer forming. trend reversal to the downside. target 1.55 - 1.60 puasa time.

Posted by Dalim Hossain > 2017-05-19 15:31 | Report Abuse

LTH keep disposing the share...if is good news will LTH keep dispose the share? Think about it

ahlairich

85 posts

Posted by ahlairich > 2017-05-19 15:32 | Report Abuse

LTH still have 102,887,900 shares as of now. @helloworld123 is that what you mean they only trying to create "fake" bad sentiment of them ?

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-19 15:33 | Report Abuse

Miracle...magic...coming....if meeting successful....proton sold...then the hammer will change shape....to be a bullish uptrend arrow.

fl888

7,662 posts

Posted by fl888 > 2017-05-19 15:34 | Report Abuse

LTH needs mon ey to compensate losses in TH Heavy for the Haj expenses..

joetosh

191 posts

Posted by joetosh > 2017-05-19 15:35 | Report Abuse

take out my capital... let the profit run... no pening2...

happy888

518 posts

Posted by happy888 > 2017-05-19 15:36 | Report Abuse

careful. might be bad news coming. Sell down very heavy

confuse

570 posts

Posted by confuse > 2017-05-19 15:36 | Report Abuse

Someone here said TP RM 2.5 why not LTH buy more? Very confusing. Don't tell me LTH no RM 100 million cash to buy.

pang72

50,456 posts

Posted by pang72 > 2017-05-19 15:39 | Report Abuse

LTH always goreng stock

pang72

50,456 posts

Posted by pang72 > 2017-05-19 15:39 | Report Abuse

Don't follow LTH

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