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

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-25 17:05 | Report Abuse

Those heroes who enter this morning are caught with their pants down.

IronShirt

3,178 posts

Posted by IronShirt > 2017-05-25 17:05 | Report Abuse

Perkasa said even Umno and Communist China cannot mixed. How can LTH keep DRB?

Posted by newbiehk2014 > 2017-05-25 17:29 | Report Abuse

got good report?

Posted by newbiehk2014 > 2017-05-25 17:30 | Report Abuse

TP given by HLG so high

Subaru

16 posts

Posted by Subaru > 2017-05-25 17:31 | Report Abuse

So the quarter report out??

Posted by stockkking > 2017-05-25 17:36 | Report Abuse

reports start coming out
reports tp also dancing around

ivankvs

517 posts

Posted by ivankvs > 2017-05-25 17:41 | Report Abuse

Good or bad?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5439141

DRB-HICOM wishes to inform that its subsidiary company, Motosikal Dan Enjin Nasional Sdn Bhd (“Modenas”), in the ordinary course of business entered into RRPT with Kawasaki Heavy Industries
Ltd (“KHI”) --> RM 76 mil

ivankvs

517 posts

Posted by ivankvs > 2017-05-25 17:41 | Report Abuse

LTH finally holding share less than 5%. . hoseh?

hklcheng

1,317 posts

Posted by hklcheng > 2017-05-25 18:41 | Report Abuse

what about tomoro?...any tips?...sifu

ppginvest

1,591 posts

Posted by ppginvest > 2017-05-25 18:48 | Report Abuse

Yes, hoseh datang loh

@ivankvs LTH finally holding share less than 5%. . hoseh?
25/05/2017 17:41

7skies

375 posts

Posted by 7skies > 2017-05-25 19:01 | Report Abuse

The Star 25.05.2017

Hong Leong Investment Bank (HLIB) Research said Proton was valued at RM1.5bil and Lotus at RM560mil.

Proton and Geely will jointly establish a 10-year plan for Proton to reclaim its top position in Malaysia and become third largest OEM in ASEAN in terms of market share.

“Positive on the deal, as DRB-Hicom will get RM560m cash (from disposal of Lotus) and Proton’s non-core assets and investments which include Shah Alam land and Proton City.

“Furthermore, the emergence of Geely as JV in Proton, partially reduce burden on DRB, while DRB can re-focus its resources into other strategic businesses.


“We maintain BUY recommendation with higher Target Price of RM2.58 (from RM2.22) based on 20% discount to sum-of-parts,” it said.



Read more at http://www.thestar.com.my/business/business-news/2017/05/25/drb-hicom-climbs-with-geely-as-partner-for-proton/#BDEdFqQ72GdLkbhh.99

ppginvest

1,591 posts

Posted by ppginvest > 2017-05-25 19:16 | Report Abuse

Bagus, TP raised up to 2.58

calvintaneng

56,189 posts

Posted by calvintaneng > 2017-05-25 19:29 | Report Abuse

THUMBS UP TO ALL FELLOW INVESTORS OF DRB-HICOM!!

You have come so far with us.

To Calvin DRB's journey just begin from here

The CORE VALUE STRATEGIC COMPANIES OF DRB IS NOT PROTON.

THESE ARE THE CORE STRATEGIC ASSETS OF DRB

1) POS (Pos of Malaysia will be like Alibaba of China and Amazon of USA)

2) PUSPAKOM (A Cash Cow like MyEG)

3) BANK MAUMALAT (Rise of a Malaysia as An Islamic Financial Center)
Bank Maumalat's future is secured as Arabs are pivoting to Malaysia

Proton is only the icing. Lotus will bring in Lots of profits from China through Geely.

ALL HAPPY NOW

MANY HAPPY RETURNS

CALVIN SAY BIG THANK YOU TO ALL FOR KEEPING FAITH

YOU ALL ARE ULTIMATE WINNERS!!!

LOO99

1,631 posts

Posted by LOO99 > 2017-05-25 19:30 | Report Abuse

All the empty can so noisy today as if they celebrate that they are winning some money today...lol

Posted by Kiran Kumar Muniandy > 2017-05-25 19:40 | Report Abuse

HI everyone, I'm holding small small shares in drb-hicom. Is it ok for me to wait for the price reach RM 2 before I sell. I'm new to stock market ur guidance will be helpful. Tq

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-25 19:55 | Report Abuse

@Loo99 haha tin kosong...
Last time u at AA forum quite quiet but now also known joke, arh..?

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-25 19:55 | Report Abuse

@kitan k mu welcome!

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-25 19:59 | Report Abuse

@Jjchan halal pulak... Hahaha

JJchan Maybe Drb is no longer "halal"----LTH got to dispose All DRB----those holding drb got to check---
25/05/2017 16:48

takashi86

747 posts

Posted by takashi86 > 2017-05-25 20:00 | Report Abuse

May i ask why Lotus will bring much profit from China?

takashi86

747 posts

Posted by takashi86 > 2017-05-25 20:01 | Report Abuse

From calvin:

Proton is only the icing. Lotus will bring in Lots of profits from China through Geely.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-25 20:02 | Report Abuse

Lkh holding less than 5% is good:
1) if one day lkh think drb halal again they will back buy
2) reduce kacau
3) mean public, fund manager or big shark holding more
4) maybe they also want all of us die.... ;(

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-25 20:15 | Report Abuse

I heard so many ppl critique why mof and gov sell proton and lotus but nobody will say lucky proton got lotus, if no arh... Who's want? Volkswagen? Suzuki? Mitsubishi? Huhu

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-05-25 20:16 | Report Abuse

MyStock118
Meet Li Shufu, the man who dared buy Proton
http://www.mystock118.com/?p=182482/

chanph

727 posts

Posted by chanph > 2017-05-25 21:15 | Report Abuse

Another question is, which parties kept on collecting the share with large queue...

titus

4,159 posts

Posted by titus > 2017-05-25 21:38 | Report Abuse

LTH sell until ceased to be a substantial shareholder. If epf is the 1 buying, we ate truly screwed. Sell low & buy bk high?? Jiak lat.

chanph

727 posts

Posted by chanph > 2017-05-25 21:49 | Report Abuse

Lth selling maybe due to adjust its balance portfolio. Dont think drb will just die off like that, maybe tomorrow break new high, who knows...

richkid

8,140 posts

Posted by richkid > 2017-05-25 22:46 | Report Abuse

LTH lost money in other stocks. They have to sell in DRBHCom to realized their profit. As long as LTH is still inside, the selling will continue and prices cannot move up.

Posted by Dexter150185 > 2017-05-25 22:51 | Report Abuse

Tomorrow gap up or next week only gap up ?

chanph

727 posts

Posted by chanph > 2017-05-25 22:51 | Report Abuse

True, selling will continue to some extend. Lth is currently placing money on MMCorp

ivankvs

517 posts

Posted by ivankvs > 2017-05-25 23:01 | Report Abuse

.

Posted by oldchinaman > 2017-05-25 23:37 | Report Abuse

another stupid ann. date of cessation: 24 may 2017. (No. of securities disposed :3,158,500 shares) 24.may, the trading was suspended KANDLBU

titus

4,159 posts

Posted by titus > 2017-05-26 08:21 | Report Abuse

gap up? I will still hold till QR. Today is last trading day of the week. Then next week 3 more days to release the QR. SInce stayed sideline, No harm of continue to do that for few more days. Also many call warrant will be in money if it goes above 1.70. Either QR bring it down or the bank so call manage the price.

Posted by James James > 2017-05-26 08:23 | Report Abuse

oldchinaman...he he he...pls speak accurate Hokkien slang...'Kangdinlaobu' he he he..

balvin71

1,153 posts

Posted by balvin71 > 2017-05-26 08:26 | Report Abuse

I am taking a long term view. Continue to buy on weakness. Without 100% of Proton being a drag on the group, I see brighter future. Once Qtr report out, might be another buying opportunity.

7skies

375 posts

Posted by 7skies > 2017-05-26 09:39 | Report Abuse

hmm..near future looks promising for Drb. BUY!!

Secret

875 posts

Posted by Secret > 2017-05-26 09:49 | Report Abuse

Why for the price C26 move down so much?

si3nz

685 posts

Posted by si3nz > 2017-05-26 09:52 | Report Abuse

just an advise...if u wish to buy, then just buy DRB32...in terms of value and volatilation

bebee

47 posts

Posted by bebee > 2017-05-26 10:04 | Report Abuse

齐齐追多多!

ivankvs

517 posts

Posted by ivankvs > 2017-05-26 10:04 | Report Abuse

.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-26 10:09 | Report Abuse

School holidays is around the corner. Suspect market will be weak this 2 weeks.

r3490

119 posts

Posted by r3490 > 2017-05-26 10:09 | Report Abuse

It's clear LTH operator want to take as much profit out as possible and then buy low. So will continue to sell slowly now for next few days/weeks until they can accumulate low again.
All warrants are now being culled as a result.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-26 10:14 | Report Abuse

C32 broken the 13.5 sen support today....flashing a sell. Next support 11.5 sen. See how strong and long can it hold the selling pressure???

rch311

60 posts

Posted by rch311 > 2017-05-26 10:20 | Report Abuse

Dr M "sailang" today. habis lah. going red today.

ahlairich

85 posts

Posted by ahlairich > 2017-05-26 10:22 | Report Abuse

wait after QR maybe ?

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-05-26 10:26 | Report Abuse

Bear trap. Many still buying with a false hope of a huge rebound...but I think sell on news better for now. Why? Because the volume is thin and the market overall is weak.

ahlairich

85 posts

Posted by ahlairich > 2017-05-26 10:27 | Report Abuse

Dun make Tun M angry liao ah. :P

r3490

119 posts

Posted by r3490 > 2017-05-26 10:31 | Report Abuse

It's a clever (some would say cynical) move not to have a fully binding and irrevocable agreement in place yet. What they have is a 'so-called' "binding" Head's of Agreement. I can't see that this has been picked up by anyone yet, but it is still subject to the necessary regulatory approvals and that must mean both in Malaysia and in China. In other words, there are still get out clauses built into the deal, should Geely find anything untoward in either their on-going due diligence or indeed the contractual terms in the final draft contract. Moreover, although Geely is technically a private company, the Chinese authorities will still hold sway and could have the final say in all of this, so there is a not insignificant political game still to play out (look what happened recently with the IWH so called done deal!). I think in the end, this Heads of Agreement is merely a fudge because they had to come up with something after the crunch meetings a week ago. There could be many delays now between now and the deal finally being ratified, all of which gives time to play this stock up and down and raise lot's more cash through the issuance of more CW's et al instruments. Add to the mix that the next QR is unlikely to be good and what you get is big institutions making big profits and ikan bilis getting made into sambal!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-26 10:32 | Report Abuse

another MOU lol

Kim Yeoh

131 posts

Posted by Kim Yeoh > 2017-05-26 10:50 | Report Abuse

消息时买进!消息证实卖出!这就是股市的不变法则!

dusti

2,404 posts

Posted by dusti > 2017-05-26 11:01 | Report Abuse

r3490 That's a good take of the situation. Was watching the buying trend yesterday afternoon; a certain buyer eating huge chunks systematically without letting price run away. T+4 squaring can cause price softening today. Don't fancy becoming sambal! Investors should read latest TP analyses of two investment houses. Good luck!

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