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

pang72

50,392 posts

Posted by pang72 > 2018-08-01 22:27 | Report Abuse

Let's arm for 2.50 tomorrow....

pang72

50,392 posts

Posted by pang72 > 2018-08-01 22:38 | Report Abuse

Item 2 , 849mils gain will reflect to Q1 19 report.

pang72

50,392 posts

Posted by pang72 > 2018-08-01 22:39 | Report Abuse

Q119. EPs 42cents...
So, why drb still stay at 2.25

Should be minimum 3.5 now

Secret

875 posts

Posted by Secret > 2018-08-02 00:13 | Report Abuse

If c48 can reach 0.1 tomorrow, will be very nice already!

pang72

50,392 posts

Posted by pang72 > 2018-08-02 00:15 | Report Abuse

http://www.kwongwah.com.my/?p=553103
王毅访马吉利引关注 SUV助宝腾振雄风

Andy88

581 posts

Posted by Andy88 > 2018-08-02 07:50 | Report Abuse

Malakoff is a superstar for this coming 2 weeks!

Lkl888

363 posts

Posted by Lkl888 > 2018-08-02 08:20 | Report Abuse

TS Syed Mokhtar is the superstar who is a good friend of TDM.DRB & Malakoff all belong to him.

kevinobc

1,050 posts

Posted by kevinobc > 2018-08-02 09:15 | Report Abuse

PETALING JAYA: DRB-Hicom is expected to make a gain of RM735.4mil from its proposed sale of Alam Flora Sdn Bhd (AFSB) to Malakoff Corp Bhd’s unit.

In its filings with Bursa Malaysia, the diversified conglomerate said its wholly owned subsidiary - Hicom Holdings Bhd - had entered into a conditional share sale agreement with Tunas Pancar Sdn Bhd to dispose of its entire 97.37% stake, or 74 million shares, in AFSB for RM944.6mil cash.


AFSB is principally involved in the provision of integrated solid waste collection and public cleansing management services.

“The proposed disposal provides an opportunity for the DRB-Hicom group to unlock the value and monetise its investment in AFSB group at an attractive price,” the company said.



“Based on the disposal consideration, the proposed disposal will give rise to an estimated net gain of RM735.4mil,” it added.

DRB-Hicom said part of the proceeds from the proposed disposal would be used to repay its borrowings. This, it said, would enable the company to preserve its internally generated funds.

The group added that the proposed disposal would allow DRB-Hicom to partly use the proceeds for its 50.1%-subsidiary, Proton Holdings Bhd, which is currently undergoing a turnaround programme.

“This turnaround programme is underpinned by a 10-year business plan which involves quality improvement, cost optimisation and new model launches.

“The proceeds, if required by Proton, will be mainly used to part-finance the development cost for new models expected to be incurred within the next 12 months,” it said.

Read more at https://www.thestar.com.my/business/business-news/2018/08/02/drbhicom-to-gain-rm735mil-from-alam-flora-stake-sale/#UULtTq0PP5RO1r3L.99

Chk280900

46 posts

Posted by Chk280900 > 2018-08-02 09:17 | Report Abuse

Good stock keeping inside my safe deposit box until Chinese news years

Posted by crownford_bl > 2018-08-02 09:21 | Report Abuse

Congratulation Roger!. You have done a good job in Drbhcom. Still can go further? Please advise

Posted by KillBuffett > 2018-08-02 09:30 | Report Abuse

Morning session need to break RM 2.30, otherwise is just a short term happy

pang72

50,392 posts

Posted by pang72 > 2018-08-02 09:36 | Report Abuse

Huat kau kau lo

pang72

50,392 posts

Posted by pang72 > 2018-08-02 09:39 | Report Abuse

TP2.8

pang72

50,392 posts

Posted by pang72 > 2018-08-02 09:41 | Report Abuse

Each IB has upgraded DRB.
Good sign

pang72

50,392 posts

Posted by pang72 > 2018-08-02 09:42 | Report Abuse

After staying form above 2.3, my proton boyue will move to 2.8

Posted by KillBuffett > 2018-08-02 09:43 | Report Abuse

Still early hard to say....hopefully later can shoot more than RM2.30, seems someone is holding the price/

pang72

50,392 posts

Posted by pang72 > 2018-08-02 09:44 | Report Abuse

The dragon wake up after long rest..Under PH government

pang72

50,392 posts

Posted by pang72 > 2018-08-02 09:45 | Report Abuse

Coming quarter turns green...DRB will only above 3

Posted by KillBuffett > 2018-08-02 09:56 | Report Abuse

Em.....some1 try to push down,,,on the other hand some1 is pushing up.

pang72

50,392 posts

Posted by pang72 > 2018-08-02 10:03 | Report Abuse

Huat a!!@@@

pang72

50,392 posts

Posted by pang72 > 2018-08-02 10:03 | Report Abuse

Buying kick in!!

freddiehero

16,721 posts

Posted by freddiehero > 2018-08-02 10:29 | Report Abuse

wow

Posted by KillBuffett > 2018-08-02 10:31 | Report Abuse

close at 2.45< is possible

KhooTinHo

57 posts

Posted by KhooTinHo > 2018-08-02 10:37 | Report Abuse

C61 easy enter 0.12 exit 0.135

Posted by KillBuffett > 2018-08-02 10:41 | Report Abuse

C58 is good to, more volatile, can jump up quicker, I just dislike 58 (superstitious), C48 need to break 2.50 then will only fly high

pang72

50,392 posts

Posted by pang72 > 2018-08-02 10:50 | Report Abuse

Huat ah.....

pang72

50,392 posts

Posted by pang72 > 2018-08-02 10:59 | Report Abuse

2.8 coming

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-02 11:00 | Report Abuse

Good profit !

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:01 | Report Abuse

Huat till xiao at this down trending market...
I am please

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:18 | Report Abuse

Shot for 2.8

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:19 | Report Abuse

Proton Boyue launching ...3.5

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:34 | Report Abuse

Sapuuuuuuuuuing

myongcc5

708 posts

Posted by myongcc5 > 2018-08-02 11:34 | Report Abuse

One can expect a better cash flow n EPS in coming Q n Yrs

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:35 | Report Abuse

Huat.... kau. Kau

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:35 | Report Abuse

If you listen to my one man talk show....Yesterday....
Yu gain like ciao.....

myongcc5

708 posts

Posted by myongcc5 > 2018-08-02 11:36 | Report Abuse

Pang72, u r always early bird

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:37 | Report Abuse

Hello...
National car for Indonesia....
How huge is the market?

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:38 | Report Abuse

Myong...
I like quiet stock ...No man land

myongcc5

708 posts

Posted by myongcc5 > 2018-08-02 11:38 | Report Abuse

Great!

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:39 | Report Abuse

I call strong buy yesterday...
I sapu no tomorrow yesterday...


So, what you think ?

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:40 | Report Abuse

I help so many earn big money..
But, they still name me as conman...

Haha

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:40 | Report Abuse

I enjoy my trade as conman...Because I earn a lots

myongcc5

708 posts

Posted by myongcc5 > 2018-08-02 11:41 | Report Abuse

guess yr call is correct, in nut shell, 5 not an issue fr longer term if all goes well

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:41 | Report Abuse

TP2.8 when visit china

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:51 | Report Abuse

Alllllll. Dayyuyuu
.... High

noobbie

1,122 posts

Posted by noobbie > 2018-08-02 11:54 | Report Abuse

good job drb...sure can go higher

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:55 | Report Abuse

TM will bring a safety protector to ensure Geely can help Proton to glory again. Capture 80% of car market in Malaysia..

pang72

50,392 posts

Posted by pang72 > 2018-08-02 11:57 | Report Abuse

Drb can close eye hit 2.8...

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