DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.13

Today's Change

-0.04 (3.42%)

Day's Change

1.12 - 1.18

Trading Volume

3,851,600


28 people like this.

25,327 comment(s). Last comment by WiraBoleh 4 days ago

Posted by BULL1000BEAR1000 > 2018-05-23 18:54 | Report Abuse

buyyyyyyyyyyyyyyyyyyyyyyyy moreeeeeeeeeeeeeeeeeeeeeeeeeee

Posted by Chen Yang Wong > 2018-05-23 19:48 | Report Abuse

How much foreseen to up by 2molo?

Lkl888

363 posts

Posted by Lkl888 > 2018-05-23 20:23 | Report Abuse

TDM says no buy back of Proton. That means Geely-Proton deal still on. Proton SUV will definitely be available in the 4th quarter 2018. Bright future for Proton. More 3S/4S dealers coming to sell SUV.

Striker90

2,617 posts

Posted by Striker90 > 2018-05-23 20:40 | Report Abuse

Easy story, everythg is fine, fundamental super strong, new CEO new Car! Only uncertain thg(new gov decision on proton now aldy clear), tats why market react good todau

Striker90

2,617 posts

Posted by Striker90 > 2018-05-23 20:41 | Report Abuse

Continue up, at least another 10% tmr when the news come out tmr

curious2

1,812 posts

Posted by curious2 > 2018-05-23 21:22 | Report Abuse

Govn(more money?) no buy Proton so we retailers must buy?

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-23 22:53 | Report Abuse

http://www.klsescreener.com/v2/news/view/382501/no-plans-for-govt-to-buy-back-proton-stake-from-geely-says-dr-m

so this is the (good) news boost up DRB today (some said tomorrow will drop back 1.70, or even can down to 1.00)

derrtan

1,796 posts

Posted by derrtan > 2018-05-23 23:19 | Report Abuse

May i know why is the surge today?

Posted by birkincollector > 2018-05-23 23:28 | Report Abuse

Also may because all auto counters announced good results, from UMW, TCHONG to MBMR?

gsi723

903 posts

Posted by gsi723 > 2018-05-23 23:31 | Report Abuse

coz Tun said let Geely & DRB to run their biz... no interference... so, mkt take it as very positive in a very negative day

gsi723

903 posts

Posted by gsi723 > 2018-05-23 23:34 | Report Abuse

no point for govt to buy back.. too much debt now... proton need technological partner, no way it can go into electric car by itself without govt pour in another few billions to R&D... and that's people money

qqq3

13,202 posts

Posted by qqq3 > 2018-05-23 23:43 | Report Abuse

Mahathir back

soon it becomes fashionable to drive Proton....again.

No interference from the government.

Mahathir has given the green light for the share to recover.

Striker90

2,617 posts

Posted by Striker90 > 2018-05-24 00:07 | Report Abuse

Ppl tend to forgot what make it surge back to Jan, recent drop purely due to uncertain political issue which now been purely resolved!

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 08:16 | Report Abuse

re-posting early this Jan 2018 news, great plan can start with Tun M's agreed without interfearance!

Posted by 陳彥霆 > Jan 3, 2018 03:55 PM | Report Abuse

2018 is an exciting year for Malaysia's car industry
Read more at https://www.thestar.com.my/business/business-news/2018/01/01/exciting-...

PETALING JAYA: The year 2018 is shaping up to be an exciting one for the car industry as global manufacturers rev up their operations in Malaysia to capture bigger slices of a growing market.

Towards this end, automotive industry executives are expecting further consolidation in the industry.

“There will be more corporate exercises to consolidate the assembly segment of the automotive industry. This is to bring down the cost further,” said an executive.

All eyes will be on Proton Holdings Bhd as the national car company plots its return to the top with Chinese strategic partner Zhejiang Geely Holding Group Co Ltd in the driving seat.


But despite losing the bid for Proton, it is believed that PSA has not given up on its ambition to sell more cars to the region’s burgeoning middle class.

PSA, the maker of Peugeot, DS and Citroen cars, is seeking to revive slumping sales in China and South-East Asia this year after a sharp decline in 2017.

The company had recently appointed a new head for its Asian operations and announced that a joint venture in Vietnam had begun producing Peugeot SUVs targeting the domestic market.

Malaysia, however, remains the biggest market for the European brands in the region, with Naza Group the sole distributor of Peugeot and Citroen cars in country.

The group has an assembly plant in Gurun, Kedah that produces Peugeot and Kia cars.

PSA’s plans to boost sales across the region could benefit Naza’s plant as it would improve utilisation rate and bring down cost. Naza’s plant has the capacity to produce 50,000 units a year

Naza aimed to sell 1,800 units of Peugeot cars in 2017, a modest target compared with the total industry volume of 590,000 cars.

“We expect a mild recovery in the sector going forward, supported by improve consumer sentiment and the launch of new models,” Public Investment Bank said in a strategy report.

The Malaysian Automotive Association is projecting new car sales in 2018 to grow to 619,000.

Malaysia is the third largest automotive market in the region, behind leaders Indonesia and Thailand.

The new car market in the Asean region was estimated at three million units a year with Japanese brands dominating the market.

Geely’s substantial stake in Proton provides the Chinese carmaker with a springboard into the Asean car market.

The immediate priority for the group, however, is to win back its lost market share at home.

Despite several new offerings in 2017, Proton had struggled to break the 70,000 units mark, while sales at Daihatsu Motor Company backed rival brand Perodua topped 200,000 units.

Honda stood at number two with an estimated 100,000 cars sold in 2017.

Analysts said 2018 would be a watershed year for Proton.

A big part of the deal with Geely involved the rights for Proton to use the Chinese firm’s best selling model – the Boyue sports utility vehicle (SUV) to penetrate the regional market.

The Chinese firm says it plans to use Proton’s huge, but massively under-utilised car plant in Tanjung Malim, Perak as a manufacturing hub for right-hand drive market in South-East Asia.

The new Proton SUV, based on the Boyue, is expected to be rolled out from the factory later this year with an eye for the Asean market.

The Proton factory in Tanjung Malim has a capacity to produce a million cars a year.

A total of 3.16 million new motor vehicles were sold in Asean countries in 2016 and the figure is likely to grow by at least 5% in 2017. Steady economic growth is expected to sustain strong demand for new cars across the region in 2018.

This is good news for Proton and its partner Geely, but expect other big manufacturers not to give up their market shares so easily.

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 08:22 | Report Abuse

Let watch Li shufu dream and showcase how excited of Automobile could be, Proton will shine in SEA!We will see series of Proton car starts with SUV boyue

https://www.reuters.com/article/us-daimler-geely-shell-insight/how-geelys-li-shufu-spent-months-stealthily-building-a-9-billion-stake-in-daimler-idUSKCN1GD5ST

xiaoqing88

504 posts

Posted by xiaoqing88 > 2018-05-24 08:37 | Report Abuse

are you guys really to fly to the north? first tp rm2.30, 2nd tp rm2.46! huat!

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 08:45 | Report Abuse

ready!

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 08:49 | Report Abuse

xiaoqing88, if wanna play CW, which one better? C47, C48?

oldchinaman, where are you? can you repeat your legendary?

"Stock: [MRCB]: MALAYSIAN RESOURCES CORP BHD
Jan 17, 2018 12:33 AM | Report Abuse
i m the oldchinaman from DRB forum, i bought 1.2m drbc37 @ 6.2c on 9 nov 17 and sold @ 30c on 3.jan 18. make 283k (380%) . "

xiaoqing88

504 posts

Posted by xiaoqing88 > 2018-05-24 08:59 | Report Abuse

prefer C48..but please take note that cw is very high risk tool..

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 09:07 | Report Abuse

TQ, bought C48 some at 0.070

MoneyUp888

842 posts

Posted by MoneyUp888 > 2018-05-24 09:15 | Report Abuse

Buyers are hiding

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 09:24 | Report Abuse

bloody everywhere

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 09:25 | Report Abuse

index 1770 (-33pt)

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 09:30 | Report Abuse

bottom now? bought more in C48 0.055, hope good entry point

Posted by BULL1000BEAR1000 > 2018-05-24 09:35 | Report Abuse

0.055 is good

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 09:40 | Report Abuse

WHEN RED BUY,NOT GREEN BUY,NOW BAD TIMES,RED ONLY CAN CARI MAKAN......HAHAHA

yongch

1,104 posts

Posted by yongch > 2018-05-24 09:44 | Report Abuse

Yes...that shb b that way babies....drop drop drop...tp0.70!!!waiting waiting n waiting...kikiki...proton boleh ke?

qqq3

13,202 posts

Posted by qqq3 > 2018-05-24 09:57 | Report Abuse

bot yesterday at 1.78....have not sold.....was prepared to buy more if it goes below 1.78.

angwk

98 posts

Posted by angwk > 2018-05-24 09:58 | Report Abuse

We are relieved that no interference from Government, and Proton can now grow under leadership of Geely China, that’s great grow prospect for Proton. I am looking forward Proton to become one of the largest ASEAN car makers (Geely’s vision).

Next, Jack Ma will be visiting Malaysia soon to meet up with Tun Mahathir for deeper collaboration discussion and we can expect another round of boost of DRB Hicom by then.

Good prospects for DRB Hicom!

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 09:59 | Report Abuse

MONEY IN THE POCKET BOUGHT 1.82 SOLD AT 1.93....HEHE

Alex™

12,593 posts

Posted by Alex™ > 2018-05-24 10:01 | Report Abuse

Apu... Apollo bro.... I dunno that u like peanut haha

Posted by AlibabaChiam > 2018-05-24 10:03 | Report Abuse

This can buy...

Yunz

218 posts

Posted by Yunz > 2018-05-24 10:26 | Report Abuse

huhu.. 2nd round cash mari mari..

param54

632 posts

Posted by param54 > 2018-05-24 11:12 | Report Abuse

can break 2.00

Posted by 2018HengHeng > 2018-05-24 11:27 | Report Abuse

today able to close green ?

IronShirt

3,178 posts

Posted by IronShirt > 2018-05-24 11:48 | Report Abuse

yesterday contra buyers sell off first round (morning),,,,,,maybe another round selloff By Friday,,,,,,
too many fast moving News by PH

DO RE MI

236 posts

Posted by DO RE MI > 2018-05-24 11:53 | Report Abuse

epf bought recently, hopefully epf buy again today hehe

Posted by 2018HengHeng > 2018-05-24 12:03 | Report Abuse

Hope next week result is good, then can fly up up up!!

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2018-05-24 15:02 | Report Abuse

auto part tariff ..run...

bgt9963

572 posts

Posted by bgt9963 > 2018-05-24 15:04 | Report Abuse

another wave coming........

pretty_life

4,810 posts

Posted by pretty_life > 2018-05-24 15:51 | Report Abuse

Game over...

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 16:05 | Report Abuse

those who chase yesterday now licking their wounds,next week force selling

Alex™

12,593 posts

Posted by Alex™ > 2018-05-24 16:08 | Report Abuse

already tell ma, buy yesterday close, sell morning open, free money why dun take?

Alex™

12,593 posts

Posted by Alex™ > 2018-05-24 16:08 | Report Abuse

this kind of economy, got money take money...dun wait until it get reverse gear

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-24 16:59 | Report Abuse

1750 KLCI support level, let's see tomorrow DRB rebounds together with CI or not

pretty_life

4,810 posts

Posted by pretty_life > 2018-05-24 17:22 | Report Abuse

Don’t give hope lar...it will continue drop..don’t forget got short selling lor

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 17:25 | Report Abuse

alex,sat what 4d number going to open?

xiaoqing88

504 posts

Posted by xiaoqing88 > 2018-05-25 00:35 | Report Abuse

get ready for the rebound tmr :P

Alex™

12,593 posts

Posted by Alex™ > 2018-05-25 07:28 | Report Abuse

apollo bro, my dad more expert in magnum, he can see the code and predict what comes next. always hear him bao head bao tail.....

alex think 4d winning probability is too low! play stock better, as long as i got 51% winning rate, with proper risk management, i can continue to siphon money off other patsy

ppginvest

1,591 posts

Posted by ppginvest > 2018-05-25 08:19 | Report Abuse

if this one fails to rebound, go for KLCI Put Warrants :)

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