DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.10

Today's Change

-0.03 (2.65%)

Day's Change

1.09 - 1.13

Trading Volume

4,119,800


28 people like this.

25,330 comment(s). Last comment by hw0706 15 hours ago

fl888

7,661 posts

Posted by fl888 > 2017-07-14 11:33 | Report Abuse

Macquarie will withdraw all buyers for all CWs and square off their accounts at profit...

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-14 12:02 | Report Abuse

Very correct

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2017-07-14 14:46 | Report Abuse

arios amigos guys....DRB will only resume forward after Q2 resluts annoucement.From here then we can conclude exactly the latest revenue & profit derived after GEELY participation..

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2017-07-14 15:20 | Report Abuse

Support line is broken again today....next will be 1.60...

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2017-07-14 15:45 | Report Abuse

although GEELY now own volvo its 2 different scenerio..Volvo is a success for many years with its presence as a safety & reliable tech car.Proton on the other hands is a domestic used which brings lots of problem for many years.With the entrance of GEELY in Msia market its kind of sceptical for our people as the BRANDS itself is still very new in the market.It will however boost the consumer confident but it will take time..There is no quick fix

calvintaneng

56,172 posts

Posted by calvintaneng > 2017-07-14 16:08 | Report Abuse

If you read carefully GEELY MIGHT EVEN BYPASS PROTON for these reasons

1. GEELY'S SUV AND VOLVO ARE ALREADY A SUCCESS IN CHINA. SO PROTON IS NOT NEEDED AS A BRAND NOW.

GEELY'S LYNK 01 AND SUV COULD BE REBADGED AS PROTON. THAT WAS HOW SUZUKI ERTIGA WAS REBADGED AS PROTON ERTIGA.

2. ANOTHER REASON IS CHINA CANNOT EXPORT TO MORE THAN 84 NATIONS. AND ALSO ASEAN 10 WHICH HAS TARIFF.

BY PRODUCING CARS IN MALAYSIA BEING A NEUTRAL AND ALSO PART OF ASEAN TEN NATIONS ALL THE BARRIERS ARE NOW REMOVED.

SO GEELY CAN EXPAND THROUGH TG MALIM FACTORY AND EXPORT FREELY WORLDWIDE WITHOUT RESTRICTION.

GEELY ALSO GOT LOTUS AND FERRAGIA FOR BOTH SUBMARINE AND AIR PLANE TECH KNOWLEDGE.

SO LEARN TO HAVE AN OVERALL VIEW.

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2017-07-14 16:43 | Report Abuse

aiyoh calvin laupan...the current price speaks for it self lahhh.1.1 billion grant is to overhaul the entire biz module in proton...it take time to materialise...Just like a sick and ailing person...need to prescribe medication until it is fully recover to deem fit & healthy...

Posted by Han Hsiang > 2017-07-14 16:55 | Report Abuse

This stock is not doing well and will continue to drop until 1.5 for this upcoming 2 month . Warrant holder should be careful . Bursa is not doing good as well

Posted by Han Hsiang > 2017-07-14 17:00 | Report Abuse

The geely announcement is a positive news. However, it take time until we can the result on the share price.For now, stay away and don touch the stock

WarrBuff

148 posts

Posted by WarrBuff > 2017-07-14 17:48 | Report Abuse

Nice to read the comments here. Good brainstorming.. Cool and calm with ideas and opinions from all parties on the direction of this counter without any harsh personal critism and insults

takashi86

747 posts

Posted by takashi86 > 2017-07-14 19:56 | Report Abuse

August coming soon...
I think for june financial will be in deep red, as proton 49.9% been sold in huge lost if compare to the acquisation price, even Lotus also needs to write off loan tat drb given in previous years.

Bear in mind, public listed account nid to follow rules...Pos share wont help even abit, as no nid to revalue stated by SC as no major changes in the share now.

After this qr, might sink more, but bright day will come, maybe after October...

Still, drb is goreng stock, until the fundamental is changing, and share price more stabilize then can slowly b a blue chip, how long?

No one knows...dun time the market.

gcke

1,359 posts

Blks

20 posts

Posted by Blks > 2017-07-16 23:00 | Report Abuse

Bank Muamalat possible listing?

kuaTAKtahu

1,468 posts

Posted by kuaTAKtahu > 2017-07-17 09:39 | Report Abuse

SELL ... .SELL ... .SELL ... .

Posted by Han Hsiang > 2017-07-17 10:37 | Report Abuse

Drop summore ! Warrant drop even more !

tftey_

66 posts

Posted by tftey_ > 2017-07-17 10:57 | Report Abuse

MRT SBK start today. More people will use car?

Posted by Anak_Felda > 2017-07-17 11:55 | Report Abuse

2 seats(Tanjung Malim and Shah Alam) BN can support RM 1.5 Proton billion but not us 54 seats. You think us stupid must vote you?

Posted by Anak_Felda > 2017-07-17 12:24 | Report Abuse

We are too poor to buy new car no thanks to BN. Perhaps when Pakatan rule we can buy RM 10-20 K new car?

Posted by Anak_Felda > 2017-07-17 12:28 | Report Abuse

After next GE if you can buy cheap car you must thank us.

yongch

1,104 posts

Posted by yongch > 2017-07-17 14:47 | Report Abuse

Hahaha...expecting to drop more below 1.50!!!but will pick up as much possible....kikiki...tp2.0!!!

WarrBuff

148 posts

Posted by WarrBuff > 2017-07-17 15:20 | Report Abuse

Aiyo.... Last month I wait at 1.50, they uturn at 1.54.... now waiting at 1.60, looks like uturn at 1.63 edi. Grr

4444

1,800 posts

Posted by 4444 > 2017-07-17 21:55 | Report Abuse

Najib: MRT, LRT and monorail fares to be 50% off until Merdeka
Read more at http://www.thestar.com.my/news/nation/2017/07/17/najib-mrt-lrt-and-monorail-fares-to-be-50-pct-off-until-merdeka/#6OLfPEHup6kwk6Pj.99

4444

1,800 posts

Posted by 4444 > 2017-07-17 21:56 | Report Abuse

Who want to buy car when use LRT, MRT can save money?

balvin71

1,153 posts

Posted by balvin71 > 2017-07-18 08:16 | Report Abuse

DRB business is not only about cars.

7skies

375 posts

Posted by 7skies > 2017-07-18 08:52 | Report Abuse

EPF been collecting DRB past 4 weeks ! fr 5% to nearly 6% now. BUY !!!

Posted by Orang_Melaka > 2017-07-18 09:08 | Report Abuse

Already worse Proton car sales made even worse by discount LRT, MRT fare. Why buy car?

Posted by Muhammad Hanafi > 2017-07-18 10:46 | Report Abuse

agree, DRb is big conglomerate, not just selling cars

kuaTAKtahu

1,468 posts

Posted by kuaTAKtahu > 2017-07-18 12:12 | Report Abuse

Unless the company revalue the assets, else poor share. .Pls SELL

L0099

8 posts

Posted by L0099 > 2017-07-18 16:31 | Report Abuse

Heard Geely no money to pay Proton.

L0099

8 posts

Posted by L0099 > 2017-07-18 16:32 | Report Abuse

Borui car produced means got money?

balvin71

1,153 posts

Posted by balvin71 > 2017-07-19 09:12 | Report Abuse

L0099, where you heard the news Geely no money to pay Proton?

I got worried when I read your comment, so I called a friend who is with Proton Vendor Association, he said payment from Proton coming in. Where they got the funds?

Called another friend at Proton HQ, he said tomorrow got media from China coming to do interview at Proton....if no money or money not in, why they allow?

Please let us know where you heard the news. Thank you.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 09:48 | Report Abuse

Make up the story to buy lower price and sell off when good news announced, that is the name of the game

7skies

375 posts

Posted by 7skies > 2017-07-19 09:50 | Report Abuse

DRB moving today. BUY! before it runnn

Alex Foo

12,593 posts

Posted by Alex Foo > 2017-07-19 09:51 | Report Abuse

engine start

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 09:53 | Report Abuse

Those who sold yesterday and few days ago still not too late to buy back, Iwcity moving back, Johan, soon all GLC behave the same Monday onwards?

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 10:33 | Report Abuse

No money to pay is good for those who buy have profit sell for profit

calvintaneng

56,172 posts

Posted by calvintaneng > 2017-07-19 10:42 | Report Abuse

V good!

Super rebounding time!!

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 10:48 | Report Abuse

Today closing 1.80-1.82,all warrant appreciate more than 30%

Denmark

48 posts

Posted by Denmark > 2017-07-19 11:31 | Report Abuse

Look at what DRB group consist of and now drag down from cars/ even get great help. DRB is a goldmine

kuaTAKtahu

1,468 posts

Posted by kuaTAKtahu > 2017-07-19 11:46 | Report Abuse

Good buy - ahead funds from China . .

kuaTAKtahu

1,468 posts

Posted by kuaTAKtahu > 2017-07-19 11:47 | Report Abuse

DRB-Hicom (Neutral, TP: RM1.82): Unit launches paint shop in Pekan. DRB-Hicom, through wholly owned subsidiary Hicom Automotive Manufacturers (M) SB, has launched an RM230m high tech paint shop in Pekan, Pahang. The conglomerate said this was part of the company’s efforts to strengthen its foothold as one of the preferred automotive assemblers in the region. DRB-Hicom said the newly-launched facility would allow it to double its production capacity to 50,000 units annually. This is because the paint shop can operate round the clock due to its cutting-edge technology that requires little human intervention. (StarBiz)

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 11:47 | Report Abuse

Sell when good news buy on bad news you can be the winner.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 11:51 | Report Abuse

We have been fooled most of the time not always this time

takashi86

747 posts

Posted by takashi86 > 2017-07-19 13:29 | Report Abuse

August is quite critical month, june report gonna release...and many CWss gonna expired.

Just be careful.

takashi86

747 posts

Posted by takashi86 > 2017-07-19 13:31 | Report Abuse

If government funds can keep on sapu then might be okay...but look b to past 3 years, i think oni 1 time cw expired can sustain, all the time drop so much.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2017-07-19 14:17 | Report Abuse

Govt exhausted with cash, need to review so many GLC and become bankrupt sooner or later. Fgv, mrcb, iris corporation, MAS plus need lots of money to pay for the election.

WarrBuff

148 posts

Posted by WarrBuff > 2017-07-19 14:56 | Report Abuse

For now, all we can do is speculate, but I will keep holding coz I believe that there's a reason why the definitive agreement which was supposed to be signed in July was pulled back to be signed in June. Reason being (I'm speculating) that since it's done in Q2, the proceeds from the sale of 49.9% Proton and 100% of lotus (51% Geely/ 49%SM) will be revenue for Q2. Hence, absorbing the losses significantly for Q2. As for Q3 onwards, half of the loss making proton and 100% lotus has got nothing to do with DRB. Therefore losses from proton (if any) should be insignificant. Gov grant reimbursement of RM1.1B also not taken into consideration yet. Even if it's released in portions, will be enough to hold profits for at least 2Qtrs for proton. For the next 1year, proton will not be a burden to DRB. After that will depend on Geely

kuaTAKtahu

1,468 posts

Posted by kuaTAKtahu > 2017-07-19 15:54 | Report Abuse

SELL .. ..SELL .. ..SELL .. ..

Posted by AAAinvestor > 2017-07-19 16:57 | Report Abuse

Hi WarrBuff, good speculating....I have same thought as you. hold on tight. :)

WarrBuff

148 posts

Posted by WarrBuff > 2017-07-19 18:02 | Report Abuse

@AAAinvestor thanks for the reassurance. Good luck. Let's make some money

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