Posted by Ncm88 > 2019-08-23 20:13 | Report Abuse

May end up like bjtoto

Posted by chanph > 2019-08-23 20:17 | Report Abuse

Trump dropped another 75 billion tariff, market straight down, really siao kar

Posted by investortrader88 > 2019-08-23 20:20 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/08/23/proton-drives-drb-hicom-growth

Posted by Yi Heng > 2019-08-23 20:23 | Report Abuse

want panic sell on monday fast fast sell lo, i want buy low

Posted by investortrader88 > 2019-08-23 20:26 | Report Abuse

https://www.theedgemarkets.com/article/high-proton-sales-drive-drbhicom-profitable-path-three-consecutive-quarters

Posted by birkincollector > 2019-08-23 20:26 | Report Abuse

Up alot already surely will have selling pressure but not serious i guess

Posted by Ahead1268 > 2019-08-23 20:31 | Report Abuse

Bojed. Happy for you and all the very best.

Posted by Yi Heng > 2019-08-23 20:32 | Report Abuse

10-15 sen drop ok la

Posted by Ahead1268 > 2019-08-23 20:33 | Report Abuse

Increase revenue with shrinking PAT not a good sign.

Posted by Ncm88 > 2019-08-23 20:33 | Report Abuse

Dont forget upcoming disposal 750m to malakoff, may drop around 20 sen due to short selling and ikan bilis selling, but i believe the banks and chinamen will be happy to collect , going forqard to future X50 and more models

Posted by Ncm88 > 2019-08-23 20:34 | Report Abuse

Ahead158 i suspect was due to Raya discounts etc. If u notice every Q1 will be slightly weaker to other Qs.

Posted by Midnite > 2019-08-23 20:38 | Report Abuse

https://www.klsescreener.com/v2/news/view/571096

Posted by Yi Heng > 2019-08-23 20:38 | Report Abuse

not every company will release media release news, drbhcom look like very serious on his business already

Posted by Yi Heng > 2019-08-23 20:41 | Report Abuse

2.5 two weeks can done lo haha

Posted by Ahead1268 > 2019-08-23 20:43 | Report Abuse

After reading the news. DRB HICOM 66% revenue come from automotive shall list automotive as stand along entiry to prevail true value. The rest sector may drag down this heavy weight counter. MBMR base is so slim it just take few days to gap up.

Posted by Yi Heng > 2019-08-23 20:49 | Report Abuse

ncm88 what mean disposal to malakoff?

Posted by Ncm88 > 2019-08-23 20:51 | Report Abuse

https://www.theedgemarkets.com/article/drbhicom-aims-complete-alam-flora-divestment-end2019

Posted by Yi Heng > 2019-08-23 20:57 | Report Abuse

means drb will get back 944.61 mil in eend of year?

Posted by VivaVivo2017 > 2019-08-23 21:01 | Report Abuse

First of all, one cannot compare the profit for this quarter with last quarter because, last quarter's result was boosted by the property division that had recognised RM 175 million revenue that delivered RM 134 million profit or 76% margin !! One can see that this is an unrealistic profit level and is unlikely to be repeated.

In fact, we should be comforted that Proton's revival has confirmed that DRB has finally turned around.

Further good news is as follows:-

(a) there is a total of RM 1.4 billion of armoured vehicles (44 units) that has to be delivered by end of this year. Which means to say next 2 quarters will see at least a RM 700 m revenue per quarter compared with only RM 355 m this quarter; (https://www.theedgemarkets.com/article/drbhicom-gains-traction)

(b) If POS is successful in getting an increase in tariff, from current RM 0.60/stamp to RM 1.00/stamp which is the lowest increase since 1957, and assuming that mail volume continues to drop by 10%, POS in 2019, its profit will increase by RM 30 million per quarter, which is enough to offset RM 15 million loss suffered in the latest quarter. Note that the last tariff adjustment was almost 10 years ago; POS delivered 655 million mails in 2018

(c) Composites Technology Research Malaysia Sdn Bhd (CTRM), has an order book of RM8.3 billion, which should be a good buffer; CTRM is involved in the aerospace and composite industries; (https://www.theedgemarkets.com/article/drbhicom-gains-traction)

(d) There is a book gain of RM 849 million from the sale of RM 1.9 billion land in Johor that is supposed to be completed this year.
(https://www.thestar.com.my/business/business-news/2018/03/09/drbhicom-to-buy-land-in-rm19bil-deal)

Lastly, the Automotive division contributes 65% of revenue and 74% margins to DRB and it is the division that is growing, so DRB is indeed on the right track.

Posted by Ahead1268 > 2019-08-23 21:02 | Report Abuse

The transaction is expected to give rise to an estimated net gain on disposal of RM735.4 million.

Posted by Ktb33 > 2019-08-23 21:24 | Report Abuse

Drbhcom Monday Open gap down 2.90 , close 2.83 , 2 month time will touch 2.50 n sleeping that 2.30 to 2.60 until further notice

Posted by Ktb33 > 2019-08-23 21:27 | Report Abuse

Q by Q eps drop like hell, SELL

Posted by bojed > 2019-08-23 21:30 | Report Abuse

Wow Vivavivo thanks for the write up!

Posted by VivaVivo2017 > 2019-08-23 21:33 | Report Abuse

No problem

Posted by Samtuckfatt > 2019-08-23 21:36 | Report Abuse

Yup, thks VivaVivo on the write up to clear the cloud that cover the shine of DRB.

Posted by michaelwong > 2019-08-23 21:39 | Report Abuse

5 likes for Viva Vivo sharings . We cannot compare the previous qr results as the profits derived from one off disposal gains that contributed to qoq and yoy gains . Drb is on the right traction and platform to perform better in the next qr results.

Posted by bojed > 2019-08-23 21:40 | Report Abuse

I think it might drop a bit on Monday but won't take long to rebound.

Those who digest the whole book instead of just the QoQ might benefit the most.

All the best to all holders. May you be rewarded handsomely for your patience.

Posted by Yi Heng > 2019-08-23 21:41 | Report Abuse

ktb33 hard sell proton haha, thanks vivo

Posted by Ncm88 > 2019-08-23 21:51 | Report Abuse

ktb was here earlier but he sold early also la, not he want buy cheap also

Posted by kieus7663 > 2019-08-23 21:56 | Report Abuse

The result still very positive. For automotive from loss to earn $$.. Those panic seller pls run fast... Lolx.. The big fish might still push it up..

Posted by icecool > 2019-08-23 21:59 | Report Abuse

the qr clearly explained why epf was selling since friday aug 9, interesting.

Posted by Skng Keong > 2019-08-23 22:03 | Report Abuse

I m not worry about drop next week if I will sell others counters n buy DRB-HICOM more. I have confident..DRB-HICOM can do well in future..

Posted by andrew95 > 2019-08-23 22:04 | Report Abuse

drbhcom worth to invest. retailers owes analyse solely on figure but dn knw the high revenue was generated through disposal. come on. use your mindset and we all knw drbhcom is a legend that turns a making loss company to profitable company

Posted by michaelwong > 2019-08-23 22:08 | Report Abuse

Epf buy sell buy sell is their norm and routine behaviour . Despite with epf selling since August, share price of drb keep moving up handsomely which means investors have already discounted all along , selling and buying have no significant impact to the share price mah !

Posted by Yi Heng > 2019-08-23 22:27 | Report Abuse

buy drb better than genm la, scare what

Posted by KLSEBOTS > 2019-08-23 22:33 | Report Abuse

Epf sell coz got someone push drb up before qr, to make klse green. So epf sell it and push other bluechip up to ensure klse green. Epf is our saviour

Posted by KLSEBOTS > 2019-08-23 22:46 | Report Abuse

Infact the sales continually perform better and better. No loss as before. Wait for more geely car. Boost more sales and profit

Posted by kieus7663 > 2019-08-23 22:52 | Report Abuse

Seems like many pols pour cold water for drb.. Just wait and see.. Sometime earning not good, stock may still in GREEN.. for this case.. For those who contra might scared.. For those who see the potential, they won't panic.. Just like Geely bought over volvo, their share gain 100%.. This will happen for drb hicom..

Posted by Winmore88 > 2019-08-23 22:54 | Report Abuse

well done drb!! now is in the right track!!!!!!!!!!!! GOGOGOGOGO!!

Posted by Trouble Huat > 2019-08-23 22:59 | Report Abuse

sell on news

Posted by Skng Keong > 2019-08-23 23:14 | Report Abuse

Must buy on this NEWS. All this News already can feel is coming true for DRB-HICOM future....

Posted by Winmore88 > 2019-08-23 23:33 | Report Abuse

Monday open at rm3

Posted by Ncm88 > 2019-08-23 23:36 | Report Abuse

Hoseh... see whether big banker wants to give u chance to buy cheap or not...

Posted by Yi Heng > 2019-08-23 23:47 | Report Abuse

monday sure got cheap sale, plus US market today drop

Posted by ming > 2019-08-23 23:51 | Report Abuse

No need compare q-q or y-y la..
Obviously below expectation..

Posted by genesis8 > 2019-08-24 00:08 | Report Abuse

One cannot compare base on QoQ. Need to compare YoY. If YoY is + than is very good. Cannot expect every Q must go higher and higher. In this DRB QR is consider very good making money. No body earns the same amount every day.

Posted by MrRightTiming > 2019-08-24 01:18 | Report Abuse

I totally agree with those looking at the prospects of DRBHCOM rather than comparing the results. DRBHICOM is producing results that are long term worthy having 3 back to back positive quarterly earnings. Looking at the current revenue, it is clear that the automotive sector is going to be a very large contributor to the company and the price of DRBHCOM shouldn't settle any lower than RM3.

All the best for those holding the stock. Time to break the RM3 level!

Posted by supertrader888 > 2019-08-24 05:26 | Report Abuse

Monday definitely will open above rm3..is good result ！

Posted by candise8981 > 2019-08-24 07:21 | Report Abuse

The difference of traders n investors is one is short sightseing n one is long sightseeing,The truth I see now is proton getting improvement.

Posted by Stocker > 2019-08-24 08:49 | Report Abuse

Drb already up so much before QR foresee adjust soon