Posted by OMGGGG > 2017-05-19 16:33 | Report Abuse

actually who is selling ?

Posted by john > 2017-05-19 16:33 | Report Abuse

https://www.nst.com.my/business/2017/05/240059/drb-hicom-discuss-geely-psa-proton-sale-friday

they only discuss today. the result will not be public today i think. unless u are the sub share holder. n u also got insider news.

Posted by ktlum84 > 2017-05-19 16:34 | Report Abuse

LTH need money for election, so they cash out... LOL

Posted by titus > 2017-05-19 16:35 | Report Abuse

it will be informed next month for the outcome

Posted by fl888 > 2017-05-19 16:41 | Report Abuse

surely, by now the FSP price is open and discussed, should leak out after 5.00pm...

Posted by Buy1sell2 > 2017-05-19 16:54 | Report Abuse

Buy proton..

https://www.carlist.my/news/drb-hicom-autofest-2017-best-offers-10-brands/45588/

Posted by Weng San > 2017-05-19 16:58 | Report Abuse

zzzzz

Posted by limch > 2017-05-19 17:08 | Report Abuse

Vehicle sales fall 20% in April, cautious outlook for May
Read more at http://www.thestar.com.my/business/business-news/2017/05/19/vehicle-sales-fall-20pct-in-april-cautious-outlook-for-may/#rdekwe3zpVeGjDYx.99

Posted by ttluck > 2017-05-19 17:16 | Report Abuse

i think drb up midway only....election coming....need push higher to raise more funds....macam ini x cukup makan la....

Posted by pang72 > 2017-05-19 17:48 | Report Abuse

Today almost all GLC shooting up This will pay to next week

Posted by pang72 > 2017-05-19 17:48 | Report Abuse

Proton stake sale must settle before election

Posted by Buy1sell2 > 2017-05-19 18:25 | Report Abuse

Actually we should have touch $2 if LTH didn't sell. DRBHCOM selling Proton is something good for DRBHCom as a company to increase their value. So it is a very strategic move. LTH should benefit by not selling and let the price increase naturally to its full potential i.e $3 before selling. Right now it is a bit premature to sell.

Posted by fl888 > 2017-05-19 18:49 | Report Abuse

LTH needs cash now, have to sell DRB as got profit due to their average price bought is below rm1.44

Posted by happy888 > 2017-05-19 18:55 | Report Abuse

LTH consider very good. Not like anzo... once selling pressure come u see the whole counter fall

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

Aiyoyo...bad news coming!!!mrcb right issued...next will b "bodoh sage"...jialat liao still got 10% sticker!!!right issued @1.30...:(all are on PM table waiting for approval....:(hope for the best lo!!!

Posted by Huat168 > 2017-05-19 19:59 | Report Abuse

Of course thhe sales of cars is not that good, otherwise why drb want to sell some stake and seek for new partner?

Posted by The One • > 2017-05-19 20:01 | Report Abuse

What kind of comment was this? Do you think LTH is stupid? Has been disposing early before DRB fly? Hmm..

ktlum84: LTH need money for election, so they cash out... LOL

Posted by ivankvs > 2017-05-19 20:09 | Report Abuse

.

Posted by limch > 2017-05-19 20:50 | Report Abuse

Even new partner come in how fast can Proton car sales shoot up? 1 month, 1 year or 3 years?

Posted by Huat168 > May 19, 2017 07:59 PM | Report Abuse
Of course thhe sales of cars is not that good, otherwise why drb want to sell some stake and seek for new partner?

Posted by Huat168 > 2017-05-19 20:57 | Report Abuse

In short, reduce the loss cntribution from proton and get some resources from selling stake. Drb actually perform quite okay just drag by proton. Long term, with new partner, it might turn the remaining proton stake with profit or better prospect, who know?

Posted by CUTLOSS > 2017-05-19 21:49 | Report Abuse

Why no FSP or Geely news? Monday must cut?

Posted by TrippleZ > 2017-05-19 21:57 | Report Abuse

Meeting is to say hello how are you only. Nothing discuss.

Posted by Buy1sell2 > 2017-05-19 23:30 | Report Abuse

Relax...discussion is still in progress...for the week.

http://www.theedgemarkets.com/content/evening-5-tabung-haji-trims-drbhicom-stake-1

Posted by Buy1sell2 > 2017-05-19 23:34 | Report Abuse

Why so kancheong....the down is because LTH is trimming its stake. So it is not because the meeting is no good. I am confident the outcome will be positive. That is why a lot of interest seen these few days picking up the stocks. LTH is the only factor the stock is not able to rise. I hope they stop selling and continue to support DRBHCOM next week to higher levels.

Posted by calvintaneng > 2017-05-19 23:52 | Report Abuse

Latest good news

Modenas resume full bike production in Gurun

New models above Rm5,000 will be launched!

See

Last budget speech Pm Najib already raised Bike loan limit above the Rm5,000 limit.

What for?

For DRB of course!!

Posted by calvintaneng > 2017-05-19 23:53 | Report Abuse

See

http://www.thestar.com.my/business/business-news/2017/05/19/modenas-to-restore-gurun-plants-full-production-capacity/

Posted by mancingbursa > 2017-05-20 01:08 | Report Abuse

Finally u appear! 兵不厌诈。。!

Posted by HYG > 2017-05-20 01:13 | Report Abuse

Can see DRB meet RM2 by next week?

Posted by darrenloo > 2017-05-20 01:19 | Report Abuse

the longer the wait for the announcement the better. got time to 'goreng' the stock

Posted by darrenloo > 2017-05-20 01:23 | Report Abuse

Proton is losing lots of money in its current position. the FSP is an excellent solution for Proton. some kind of deal has to be done for Proton's survival. DRB is therefore a stock to watch

Posted by rch311 > 2017-05-20 06:52 | Report Abuse

When the grandmaster come to surface to congratulate Calvin. I'm almost certain already. (ade yang tak faham faham lagi ke?) As an intern, I'm glad to know some skillful peoples here. Calvin and including you mancingbursa . Lol

Posted by Buy1sell2 > 2017-05-20 07:25 | Report Abuse

I think DRB-HICOM meeting is like an just a formal interview for the successful bidder. The meeting is just to sort out the details and the nitty gritty of cooperations. Once this is sorted out, the good news will come and DRB-HICOM will break $2 and continue to reach $3. Hold tight.


DRB-HICOM Berhad (DRB-HICOM), as 100% owner of PROTON Holdings (PROTON), believes that PROTON can be a more successful carmaker once a foreign strategic partner (FSP) is on-board.

The entry of a FSP will enable PROTON to revitalize itself through access to new platforms, powertrains and technologies which will further improve PROTON’s range of products and its quality.

This revitalization of PROTON’s market share underlines DRB-HICOM’s intent to keep the brand as a player in the automotive market. PROTON has been in the market since the mid-1980s, and it has some brand equity in the domestic market, despite past and current challenges.

DRB-HICOM remains committed to revive PROTON’s fortunes, and finding the right FSP is critical to that goal. History has shown that collaborations between a smaller carmaker and a larger carmaker can revive the former’s fortunes. DRB-HICOM is confident that with the right FSP, PROTON will enhance its brand equity can again be a successful carmaker as it was in the 1980s and 1990s.

THE RIGHT FIT FOR PROTON

In finding the right FSP for PROTON, DRB-HICOM will evaluate three key criteria, which are strategic, operational and cultural fit.

A strategic fit will enable both parties to derive tangible benefits from the range of technology and products available, which will complement each other’s needs in their own markets.

This strategic fit will also ensure that PROTON can achieve economies of scale from its domestic operations. In evaluating the potential partners, DRB-HICOM will insist that the PROTON badge and its technology will be expanded into ASEAN markets first and global arena subsequently.

An operational fit with the FSP ensures that both PROTON and the partner will complement each other’s strengths.
The structures that exist within each company must be able to blend well so as to achieve seamless operation at PROTON and the partner themselves.

As in any collaboration, a cultural fit will ensure a successful union. This “chemistry” between the two parties will be critical in pushing PROTON forward while enhancing the FSP’s own operations vis-à-vis their short and long-term plans.

These criteria are aimed at ensuring that both parties will be able to achieve each other’s strategic targets as quickly as possible and with minimum interruptions to business operations.

With a close fit that matches the items listed, DRB-HICOM is confident the venture will be beneficial to all parties.

PROTON WILL BENEFIT THE FSP TOO

Contrary to common belief, PROTON too has plenty to offer to the eventual FSP.

First, they will have at their disposal PROTON’s own range of affordable cars, such as Persona, Saga, Preve and Iriz.

These cars are manufactured to high production standards and meet global safety standards. Any carmaker that is on board with PROTON will be able to find a range of cars to offer specific markets across the globe.

Secondly, one of the immediate advantages available to any carmaker partnering with PROTON is the ability to immediately increase their production capacity through PROTON’s Tanjung Malim Plant in PROTON City.

The plant has a low utilization rate presently, and optimising the use of the modern facility will also benefit the local workforce. This means Malaysians can benefit from increased employment opportunities with full capacity utilisation at the plant.

Finally, PROTON has its own in-house research and development team, as well as the lightweight platform technology of Lotus Cars UK. The combined engineering capabilities of PROTON and the legendary Lotus Cars offers a FSP enhancements to their current capabilities, which will enable them to enhance their existing R&D capabilities.

PROTON IS A NATIONAL CARMAKER

It is important to point out that DRB-HICOM’s search for a FSP for PROTON is a critical exercise to ensure the sustainability of the national carmaker.

As a local company, DRB-HICOM is proud to be the owner of the first national and ASEAN’s only car manufacturer.

We have stated before that we will maintain a significant equity in PROTON, and this has not changed. The FSP search is not about shirking our national responsibility but about enhancing PROTON as a bona-fide carmaker, and eventually putting them, and Malaysia, on the global map.

As a responsible shareholder, as part of the evaluation, DRB-HICOM shall also assess the intention of the potential partners in utilizing the current “home-grown” vendor network.

This is a very significant element in our evaluation, as DRB-HICOM who also own subsidiaries serving PROTON as vendors, would avoid for these “home-grown” network to be diluted substantially.

Posted by Buy1sell2 > 2017-05-20 07:35 | Report Abuse

Come on babe...TP $2.25.......wowoow

CIMB Research, in a report last week, put a target price of RM2.25 on DRB-Hicom on the belief the group’s new paint shop will lead to a higher production of Volkswagen cars. The research outfit noted its valuation takes into account a higher appreciation of DRB-Hicom’s defence contract business, which has a RM7.55 billion contract from the government to supply 257 armoured-wheeled vehicles.

http://www.ideas.org.my/drb-hicom-shares-rise-proton-decision-nears/

Posted by Buy1sell2 > 2017-05-20 07:41 | Report Abuse

Geely ialah perusahaan automotif swasta pertama dan terbesar di China yang berpusat di Taizhou, Zhejiang. Syarikat itu membuat kejutan pada 2009 dengan membeli Volvo daripada Ford Motors pada harga AS$1.3 bilion.

Kereta Geely dikatakan menjadi jenama kereta terlaris di China beberapa tahun kebelakangan ini, selepas menjadi pemilik kenderaan Sweden itu. Pada 2016, jumlah pengeluaran kereta Geely dan Volvo mencecah 1 juta unit.

PSA Group pula ialah syarikat Perancis yang merupakan pemilik Peugeot, Citroen, DS dan terbaharu – Opel serta Vauxhall.

Posted by Buy1sell2 > 2017-05-20 07:43 | Report Abuse

Next week TP $2. Hold tight.

Posted by swchin22 > 2017-05-20 09:23 | Report Abuse

Buy low and sell higher..... be patient....

Posted by Eric Lim > 2017-05-20 10:01 | Report Abuse

TP 3.50

Posted by Chinaboleh > 2017-05-20 10:07 | Report Abuse

QR not out so pay dividend behind recent jump?

Posted by ttluck > 2017-05-20 10:21 | Report Abuse

my personal TP 2.8...then can rest....

Posted by Alex > 2017-05-20 10:39 | Report Abuse

careful....confirmation bias. for trader....u should set cut loss...and enter only when the market moves in ur favorites.

Posted by Nelson Yoong > 2017-05-20 11:10 | Report Abuse

That Y PROTON need FSP for future!!!

Posted by Lk036 > 2017-05-20 11:11 | Report Abuse

Will Drb wait another 3 to 5 year proton plant will worth only their land, licence, few building beam, building roofing as the technology or machinery is obsolete or become old technology.

Posted by takashi86 > 2017-05-20 13:12 | Report Abuse

人生几何，if only drb keep holding proton, drb will keep bleeding and even goes PN14 no doubt.

But if look at the big picture n whole situation, 30k ppl direct under proton, around 200k ppl rely on drb to survive, do u really think governent will let it goes bankcrupt like tat?

Is too simple to think tat way, n worst outcome tat BN want to c...look at MAS, like it or not, after 2 deadly accidents, Mas still operate...not due to nation ego, is due to vote, election n BN creditbilty to their supporters.

Posted by paktua73 > 2017-05-20 13:13 | Report Abuse

oldman q buy 1,68 ha ha ha pick time lai lai oldman dare dive opposite direction ha ha oldman nyanyuk man know some ha ha

Posted by takashi86 > 2017-05-20 13:14 | Report Abuse

For FSP, their really doin a very great job in keeping the secret...i wont be surprise if eventually not PSA or Geely got it instead of other brands.

Posted by ivankvs > 2017-05-20 14:40 | Report Abuse

I do agree with takashi86 comments. more or less it is due to coming voters for BN. However, why DRB wants to privatise Proton at RM 5.50 / share where at one time Proton only traded at RM 1/share? To this certain extend, I believe DRB bought over Proton mainly due to the Proton land banks.

What do u guys thing?

Posted by mancingbursa > 2017-05-20 14:42 | Report Abuse

Y u delete ur comments?

rch311 When the grandmaster come to surface to congratulate Calvin. I'm almost certain already. (ade yang tak faham faham lagi ke?) As an intern, I'm glad to know some skillful peoples here. Calvin and including you mancingbursa . Lol
20/05/2017 06:52

Posted by CUTLOSS > 2017-05-20 15:51 | Report Abuse

QR last day? Why if good?
https://klse.i3investor.com/servlets/stk/1619.jsp

Posted by mancingbursa > 2017-05-20 19:10 | Report Abuse

Really? Milky boy.....wait and see!

Posted by mancingbursa > 2017-05-20 20:12 | Report Abuse

Fibonacci :
23.3%-1.11
38.2%-1.23
50%-1.32
61.8%-1.42
70.7%-1.49
78.6%-1.55
100%-1.72
127.2%-1.94 target !!