DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

1.01

Today's Change

+0.01 (1.00%)

Day's Change

1.00 - 1.01

Trading Volume

268,000


28 people like this.

25,625 comment(s). Last comment by abc333 22 hours ago

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-09-13 10:32 | Report Abuse

Good potential stock, bought it !!!

wms

8 posts

Posted by wms > 2018-09-13 10:58 | Report Abuse

come on drb show us your power!!!.....why so slow...your x70 using diesel ka???

wms

8 posts

Posted by wms > 2018-09-13 11:45 | Report Abuse

yesss.....cominggg

Posted by jordanmaggie61 > 2018-09-13 14:15 | Report Abuse

Nice ! Start taking profit, thanks.

abc333

1,538 posts

Posted by abc333 > 2018-09-13 14:19 | Report Abuse

agent proton ask me to buy more DRB, booking is impressive. Price gona reveal on 19th , its only 89.9K! buy drb now and get 1 free X70 next month. buy while RHB keep pressing, cant press too long, this X70 is turbo! 2.75!

Lkl888

363 posts

Posted by Lkl888 > 2018-09-13 14:47 | Report Abuse

C48 is clearly out of money. Last trading day is 18-9-18. Hard luck. C47 can poh bcoz MM is MCQ.

nakata

308 posts

Posted by nakata > 2018-09-13 16:17 | Report Abuse

Just curious, why no one mentioned on C60 ?

qqq3

13,202 posts

Posted by qqq3 > 2018-09-13 16:20 | Report Abuse

X70....to change Proton image...

I am buying

nakata

308 posts

Posted by nakata > 2018-09-13 16:39 | Report Abuse

I see, thanks Doraemon !

Cxg888

131 posts

Posted by Cxg888 > 2018-09-13 17:14 | Report Abuse

Tomorrow drb mum fight

Cxg888

131 posts

Posted by Cxg888 > 2018-09-13 23:03 | Report Abuse

Tomorrow can follow drb fight haha

abc333

1,538 posts

Posted by abc333 > 2018-09-14 09:42 | Report Abuse

RHB press down for you to collect. next week fly high after C48 expired.

abc333

1,538 posts

Posted by abc333 > 2018-09-14 14:20 | Report Abuse

5000 booking in a week!!! without concerning the price! it will be 2.2+ very soon.

xiaoqing88

504 posts

Posted by xiaoqing88 > 2018-09-14 14:42 | Report Abuse

get ready..the news havent spread..its coming and coming..vroom vroom

Lkl888

363 posts

Posted by Lkl888 > 2018-09-14 15:41 | Report Abuse

Showtime of Proton X70 in the respective 3S/4S showrooms on 19 Sept.2018

abc333

1,538 posts

Posted by abc333 > 2018-09-14 15:57 | Report Abuse

C64 will hit 0.3

Posted by umadewi7878 > 2018-09-14 16:01 | Report Abuse

buy...buy....

abc333

1,538 posts

Posted by abc333 > 2018-09-14 16:34 | Report Abuse

volume so low....

Mytrd

617 posts

Posted by Mytrd > 2018-09-18 11:24 | Report Abuse

bought some @ 2.090 & 2.080.

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-18 12:28 | Report Abuse

We are waiting for two numbers:
1. The latest booking of x70
2. The price of x70
I believe they will announce very soon on or before 19 Sept (public preview)
This will bring drb to sky rocket. All IMHO. Trade with your own D&D.

Ivan89

1,479 posts

Posted by Ivan89 > 2018-09-19 09:52 | Report Abuse

Any news? Today is 19/9

Lbkwee

12 posts

Posted by Lbkwee > 2018-09-19 10:45 | Report Abuse

Below 2.10 can start collecting, good price to invest.

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-19 10:46 | Report Abuse

Still pending. Just position ourself n fastern seatbelts.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-19 11:50 | Report Abuse

Lets make it happen, keep on buying ! Slowly but surely yeah

nakata

308 posts

Posted by nakata > 2018-09-19 12:30 | Report Abuse

Today suppose have preview in showroom ?

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-19 14:03 | Report Abuse

That what they tolld us on 7 sept. I also book but the branch mgr said they yet to received email or instructions from HQ. It should be coming pretty soon.

nakata

308 posts

Posted by nakata > 2018-09-19 16:47 | Report Abuse

Oh, it doesn't look good to miss the promise, was thought they are in good planning to launch this product

yongch

1,104 posts

Posted by yongch > 2018-09-19 19:18 | Report Abuse

Bad news! Perodua SUV will b announce soon!!!cheaper n more SOLID engine than Boyu....5000 prebooking?but now sudden stop n all eyes waiting for Perodua!!!!tp1.90!!!!

qqq3

13,202 posts

Posted by qqq3 > 2018-09-19 19:31 | Report Abuse

ed by yongch > Sep 19, 2018 07:18 PM | Report Abuse

Bad news! Perodua SUV will b announce soon!!!cheaper n more SOLID engine than Boyu....5000 prebooking?but now sudden stop n all eyes waiting for Perodua!!!!tp1.90!!!!
===========

I was thinking of buying more DRB today......maybe I should on first.

Cxg888

131 posts

Posted by Cxg888 > 2018-09-19 20:55 | Report Abuse

Tomorrow drb frly tp 2.24

Posted by firewall9301 > 2018-09-20 01:17 | Report Abuse

Geeley/proton..SUV 1,800 cc with turbo. Good choice.

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-20 07:06 | Report Abuse

For those still amature in automotive, for your info Geely owns Volvo cars and Daimler which means indirectly owning Mercedes Benz. Geely's development head by ex volvo chief designer. Proton clearly said that they are not fighting with Perodua instead more on attacking Honda.

Posted by EngineeringProfit > 2018-09-20 07:24 | Report Abuse

3.00

Ivan89

1,479 posts

Posted by Ivan89 > 2018-09-20 08:46 | Report Abuse

http://www.enanyang.my/news/20180919/宝腾开放预订-反应热到爆-6千订单竞购x70/

Posted by EngineeringProfit > 2018-09-20 09:27 | Report Abuse

HUAT ARRR

paktua73

18,357 posts

Posted by paktua73 > 2018-09-20 09:29 | Report Abuse

manage sold all at 2.15
lock all profit
wait at lower to re-enter

tut tut

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-20 09:41 | Report Abuse

This run up might continue. We are also waiting for analyst upgrades once they announce the new booking numbers and rhe affordable pricing. All IMHO and invest with your own D&D

Posted by Wong Jason > 2018-09-20 13:21 | Report Abuse

早上起的,中午没了。这种走势难看死了!

Posted by jordanmaggie61 > 2018-09-20 14:49 | Report Abuse

Good profit, able to buy more nasi lemak already hehehe

Posted by voyager86 > 2018-09-20 15:21 | Report Abuse

Keep collect drb and wait for x70 announcement!

Cxg888

131 posts

Posted by Cxg888 > 2018-09-21 15:38 | Report Abuse

Drb eveday drop red color €

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-24 14:07 | Report Abuse

“With proven technology and European-like features, their models have been a hit in China; and it’s no surprise why the model will be a hit here as well,” he said, adding that the X70 could also pave the way for future Proton models.

Another analyst said having a rebadged vehicle would also bode well for Proton, especially for parent company DRB-Hicom Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

, which has a 50.1% stake in the national carmaker.

“By having a rebadged vehicle, Proton will no longer have to incur huge development costs in developing new models, as the cost will be incurred mostly by Geely. This will definitely help boost the national carmaker’s bottom line.

“Building a model from the ground up is more expensive and if it doesn’t do well, you will struggle to recoup your development cost.”

Building a brand new model could cost north of RM700mil for Proton – but less than half of that when collaborating with a partner, he said.

Reducing costs will certainly benefit DRB-Hicom
image: https://cdn.thestar.com.my/Themes/img/chart.png

, which is eager to turn around Proton.

Last month, DRB-Hicom announced that it is expected to make a gain of RM735.4mil from its proposed sale of Alam Flora Sdn Bhd to Malakoff Corp Bhd’s unit.

DRB-Hicom said part of the proceeds from the proposed disposal would be used to repay its borrowings, as well as help turn around Proton.

For its first quarter ended June 30, 2018, DRB-Hicom suffered a net loss of RM66.60mil compared with a net loss of RM182.79mil in the previous corresponding period. Revenue dipped to RM2.65bil from RM3.13bil a year earlier.

The company said its earnings were affected largely due to lower sales of vehicles by Proton and certain other automotive companies.

In its notes accompanying its first-quarter results, DRB-Hicom, nevertheless, said it is optimistic about the prospects for its current financial year.

“The group’s automotive sector is expected to pick up momentum with the impending Proton SUV to be launched by the end of 2018. New product launches from other marques, as well as promotional activities, will act as catalysts to drive the sales volume further,” it said.


Read more at https://www.thestar.com.my/business/business-news/2018/09/24/a-gamechanger-model-for-proton/#rD0J3x7ujcbtI0jr.99

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-24 14:07 | Report Abuse

The news coverage start coming. GLTA

Posted by imsuperman > 2018-09-25 12:06 | Report Abuse

Proton has begun previewing its first-ever SUV – the X70 – to the public, with the first in a series of events taking place in Petaling Jaya from September 19-23. At the preview, customers, C-level executives as well as potential corporate buyers were invited to get up close and personal with the model.

“Since bookings were opened on September 8, the response from our customers have been overwhelming. The Proton X70 scales new heights for the company with its modern and sophisticated design so we are organising previews to allow customers to get a closer look to understand the level of engineering and feel the premium materials we have used in this SUV,” said Abdul Rashid Musa, CEO of Proton Edar.

“It goes without saying Proton is very excited about our new model and we hope, after the preview, customers will feel the same way too,” he added.

Read More
https://paultan.org/2018/09/25/proton-x70-previews-start-with-first-stop-in-petaling-jaya/

Cxg888

131 posts

Posted by Cxg888 > 2018-09-25 23:00 | Report Abuse

吉利许可3款车将挂宝腾标 - http://www.sinchew.com.my/node/1797009/吉利许可3款车将挂宝腾标 (Share from StockHunter)

Cxg888

131 posts

Posted by Cxg888 > 2018-09-25 23:05 | Report Abuse

Tomorrow is show time rocket

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-26 08:20 | Report Abuse

Manage to xlate above article. What a good news for proton n DRB.....ready to rumbles....

Sam Sol

19 posts

Posted by Sam Sol > 2018-09-26 08:23 | Report Abuse

https://www.carlist.my/news/geely-s-first-ever-mpv-teased-stylish-mpvs-get/52710/

The SUV is very nice. just 4 cm shorten then estima but 10cm wider and few cm lowered. That make this MPV really stunning looks.

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