Keep in mind, Proton is improving, next year we have 2 new model from Geely , X80 sedan and X90 MPV will boost proton to next level. agree the fair value in 2022 should be 2 and much more than 2 in future.
no matter how good is proton biz, it wil hardly bring the same result to DRB. bcz 1st DRB only hold half of the shares, and 2nd, DRB holding loss maker POS. so watever profit from proton will be jz enough to offset the loss from POS.
If we take last 2 quarters results as a guide, the EPS for half year is RM0.1622. If we annualize this will give RM0.3244. Take a low PE Ration of 12, the share price will be RM3.89. We discount 20% will give RM3.11. Share price have a chance to double from todays opening of RM1.43.
Proton said the year-to-date (YTD) sales have eclipsed its full-year sales in 2021 by 10.4%, with YTD export sales climbing 66.6% to 5,028 units, from 3,018.
This comes on the back of 11,316 units delivered in November, despite the company having to grapple with temporary supply issues that led to a month-on-month decrease of 13.1% from October 2022.
Chris, I am not expert. pls refer your remiser . I do holding this stock, my average is 1.4. for me, DRB is a mid term stock. will not sell any units below 1.7
HOT: "Proton will bring in Geely vehicles in the near future (but) if we can assemble the vehicles in Malaysia, maybe it will help us to offer EVs (at a) lower cost," he said at a press conference after officiating at the Bangi Golf Resort EV Charging Station launching ceremony and the handing over of the EV charging system public distribution licence by the Energy Commission here on Wednesday.
"Proton will bring in Geely vehicles in the near future (but) if we can assemble the vehicles in Malaysia, maybe it will help us to offer EVs (at a) lower cost," he said at a press conference after officiating at the Bangi Golf Resort EV Charging Station launching ceremony and the handing over of the EV charging system public distribution licence by the Energy Commission here on Wednesday. 被部长点名搞EV。如果有政府和geely做后台。proton不发都难。
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Yu_and_Mee
3,441 posts
Posted by Yu_and_Mee > 2022-09-08 11:20 | Report Abuse
8.00 by next year