DRB-HICOM BHD

KLSE (MYR): DRBHCOM (1619)

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Last Price

0.95

Today's Change

0.00 (0.00%)

Day's Change

0.945 - 0.965

Trading Volume

79,200


28 people like this.

25,688 comment(s). Last comment by Good123 12 hours ago

WiraBoleh

195 posts

Posted by WiraBoleh > 2024-01-31 16:08 | Report Abuse

Berapa saham Proton dan DRB Li Shufu pegang?

Good123

28,067 posts

Posted by Good123 > 2024-02-01 08:51 | Report Abuse

Toyota down, good4drb kan? Hehehe

Yahoo

Associated Press Finance
Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing
YURI KAGEYAMA
Tue, January 30, 2024 at 3:37 PM GMT+8·3 min read
In this article:
Toyota Chairman Akio Toyoda bows during a news conference in Nagoya, central Japan, Tuesday, Jan. 30, 2024. Hours after Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker sticks to “making good cars.” (Kyodo News via AP)
Japanese transport officials walk towards a Toyota Industries Corp. factory for inspections in Hekinan, central Japan, Tuesday, Jan. 30, 2024. Japanese transport officials raided the factory of the Toyota group company on Tuesday to investigate cheating on engine testing as its chairman vowed to ensure it is "making good cars." (Kyodo News via AP)
FILE - This photo shows a logo of Toyota Motor Corp. at a dealer on May 11, 2022, in Tokyo. Japanese transport officials raided a factory of a Toyota group company on Tuesday, Jan. 30, 2024, to investigate cheating on engine testing as its chairman vowed to ensure it is "making good cars." (AP Photo/Eugene Hoshiko, File)
Toyota Chairman Akio Toyoda speaks during a news conference in Nagoya, central Japan, Tuesday, Jan. 30, 2024. Hours after Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker sticks to “making good cars.” (Kyodo News via AP)
4 / 4
Japan Toyota
Toyota Chairman Akio Toyoda speaks during a news conference in Nagoya, central Japan, Tuesday, Jan. 30, 2024. Hours after Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker sticks to “making good cars.” (Kyodo News via AP)ASSOCIATED PRESSMore
TOKYO (AP) — Japanese transport officials raided a Toyota-affiliated plant Tuesday after the company admitted to cheating on engine testing, as Toyota Motor Corp. reported it sold over 11 million vehicles in 2023 to retain its status as the world’s top car manufacturer.

Hours after the probe began at Toyota Industries Corp.'s plant in Hekinan, Aichi Prefecture, central Japan, Toyota Chair Akio Toyoda vowed to steer the company out of scandal and ensure the Japanese automaker's group companies stick to “making good cars.”

“My job is to steer the way for where the overall group should go,” Toyoda said.

He apologized, bowing deeply, and stressed the group vision was rooted in the Toyoda founding family’s ideas of empowering the “genba,” or the workers on the plant floor, “to make good cars that lead to people’s happiness.”

The testing scandal comes at a time of otherwise stellar performance for Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models. Its group global vehicle sales for 2023 were a record 11.22 million vehicles, up 7% from the previous year and topping Volkswagen AG of Germany’s global sales of 9.2 million vehicles.

Toyoda spoke in a news conference that was livestreamed from a memorial hall in Nagoya that serves as a museum for the founding family. Sakichi Toyoda invented the automated weaving loom. His son Kiichiro Toyoda, Akio’s grandfather, founded Toyota Motor Corp.

Good123

28,067 posts

Posted by Good123 > 2024-02-01 08:52 | Report Abuse

Kalau guna nominees, tak tahulah ;)

@WiraBoleh

Berapa saham Proton dan DRB Li Shufu pegang?

16 hours ago

abc333

1,547 posts

Posted by abc333 > 2024-02-01 19:09 | Report Abuse

As for Proton, its Geely-based models, equipped with advanced features and competitive pricing, are expected to excel in the market,” it said.

Moreover, HLIB said Proton's planned launches of the highly sought-after X50 and X70 facelift models in 2024, along with the newly launched S70 that had garnered strong interest (set to deliver in 2024), are poised to further strengthen its market position

abc333

1,547 posts

Posted by abc333 > 2024-02-01 19:11 | Report Abuse

The land in Tebrau value RM 1,649,669,000 in 2020 . How much will it worth after HSR ?RTS? Rs- SEZ?

Good123

28,067 posts

Posted by Good123 > 2024-02-02 08:59 | Report Abuse

Ok ok uptrend balik hehehe

*UOBKH Retail Market Monitor*
*2 February 2024*

FBMKLCI: 1,512.98 (+0.23)
Support: 1,500, 1,470
Resistance: 1,528, 1,570

*Bursa Top Gainers:*
TENAGA (+2.3%), CDB (+1.4%), PETDAG (+0.85%)

*Bursa Top Losers:*
MRDIY (-2.8%), YTLPOWR (-2.1%), YTL (-2.1%)

*Bursa Trade Statistics*
Local Institutions (39.7%): -RM175.1m
Local Retail (18.6%): +RM9.1m
Foreign (41.7%): +RM166.0m

*Global Equity Indexes*
MSCI Asia : 166.13 (-0.38, -0.23%)
NASDAQ : 15,361.64 (+197.63, +1.30%)
S&P500 : 4,906.19 (+60.54, +1.25%)
DJIA : 38,519.84 (+369.54, +0.97%)

USD/MYR : 4.7225 (-0.0077)
SGD/MYR : 3.5341 (+0.0031)

Crude Oil : $74.31 (-3.56)
Gold : $2,055.92 (+17.79)

U.S. stocks were higher after the close on Thursday, as gains in the Utilities, Consumer Services and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.97% to hit a new all-time high, while the S&P 500 index gained 1.25%, and the NASDAQ Composite index added 1.30%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2235 to 677 and 63 ended unchanged; on the Nasdaq Stock Exchange, 2107 rose and 1290 declined, while 132 ended unchanged. (Source: Investing.com)


*Stocks To Watch:*

1) *CEKD* (KLSE: 0238)
Technical BUY with +27.0% potential return
* Last: RM0.50 TP: RM0.595, RM0.635 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) *MHB* (KLSE: 5186)
Technical BUY on breakout (RM0.505) with +16.8% potential return
* Last: RM0.485 TP: RM0.555, RM0.59 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) *DPS* (KLSE: 7198)
Technical BUY with +25.0% potential return
* Last: RM0.50 TP: RM0.58, RM0.625 SL: RM0.43
* Timeframe: 2 weeks to 2 months
* Shariah: YES

#$$$$$$

Good123

28,067 posts

Posted by Good123 > 2024-02-02 09:04 | Report Abuse

Bagus, baik, terindah :)

Proton EV out in 2025, says HLIB Research. TANJUNG MALIM: Proton's management has revealed that a new EV (electric vehicle) model would be launched as early as 2025, according to a Hong Leong Investment Bank (HLIB) Research report on Wednesday.

Good123

28,067 posts

Posted by Good123 > 2024-02-02 09:06 | Report Abuse

What is the range of the Proton electric car?

The batteries are 100 X 31 Ahr Cells, 370 volts. The EMAS can accelerate to 60 mph in 14 seconds and a maximum speed of 105 mph. Its full range is 350 miles and CO 2 emissions of 60 g/km.

$$$$$

Good123

28,067 posts

Posted by Good123 > 2024-02-02 09:10 | Report Abuse

MITI and the government wants a low priced Proton electric car for the mass market soon.

Good123

28,067 posts

Posted by Good123 > 2024-02-02 09:12 | Report Abuse

Proton’s electric vehicle (EV) is set to debut as early as 2025. This is according to Hong Leong Investment Bank (HLIB), which research note released yesterday maintained its ‘buy’ rating on DRB-Hicom’s stock.

“Management guided for the new Proton EV to be introduced as early as 2025.

Good123

28,067 posts

Posted by Good123 > 2024-02-02 09:15 | Report Abuse

EV plan on track

On a separate note, Wong said Proton’s electric vehicle (EV) implementation is on track with the first stage being the launch of its “smart” EV distribution in Malaysia and Asean by year end.

He noted that Proton is collaborating with Gentari Sdn Bhd for EV development, mobility and ecosystem of new energy.

“Furthermore, Proton is leveraging Geely’s knowledge and technology to develop its own EV range. Management has guided the new Proton EV model to be launched as early as 2025,” he added.

Wong also said Proton’s overall productivity and cost efficacy ratios have improved substantially over the years.

“We expect continuous improvement in product quality and cost efficiency as Proton consolidates its production to Tanjung Malim (from Shah Alam) by 2026 with investments into better equipped production plants, ” Wong concluded.

Good123

28,067 posts

Posted by Good123 > 2024-02-02 09:21 | Report Abuse

Ok ok.. Target RM2, RM1.80+

Ramai dah happy ;)

Hong Leong Investment Bank (HLIB) has remained positive on DRB-Hicom Bhd due to the continued growth momentum of its renowned entity Proton Holdings Bhd.

The decision took into consideration Proton’s sales target of 310,000 units in 2030 and 500,000 units in 2035, its improving customer experiences as well as commitment to introduce new attractive models with improved production and cost efficiencies.

The research outfit has retained its “buy” call on DRB-Hicom with an unchanged target price of RM2.

Good123

28,067 posts

Posted by Good123 > 2024-02-02 15:57 | Report Abuse

target RM2, retailers jual, kita kumpul hehehe

Good123

28,067 posts

Posted by Good123 > 2024-02-02 15:58 | Report Abuse

harga purata ~1.36 je hari ni... berani bila pihak lain takut, ya! :)

Good123

28,067 posts

Posted by Good123 > 2024-02-05 10:21 | Report Abuse

The Edge Malaysia
https://theedgemalaysia.com › node
DRB-Hicom, Geely form JV to develop Automotive Hi-Tech ...
11 Dec 2023 — DRB-Hicom Bhd has entered into an agreement to form a joint-venture (JV) company with China's auto giant Zhejiang Geely Holding Group Co Ltd ...

Good123

28,067 posts

Posted by Good123 > 2024-02-05 10:23 | Report Abuse

Syed Mokhtar weighs options for DRB-Hicom
Tycoon talking to banks about options including buyout of DRB-Hicom, say sources.

Good123

28,067 posts

Posted by Good123 > 2024-02-05 10:24 | Report Abuse

If drb is taken private, rm2 takda isu kot? :)

abc333

1,547 posts

Posted by abc333 > 2024-02-05 17:55 | Report Abuse

And the Defence Ministry 2024 budget of RM19.7 billion is much higher than Home Ministry’s one pegged at RM19.06 billion. Both allocations however surpassed last year’s one with Defence getting an increase of RM2 billion while Home got an extra RM1.1 billion.
Twelve new helicopters for RMAF, Major assets for the Army including 60 armoured infantry vehicles, 50 High Mobility Light Tactical Vehicle, 733 support vehicles; Refit for the two RMN submarines and the procurement of three LMS, procurement of seven twin-engine aircraft and five light helicopters for the police and new assets to boost the maritime security of the nation – 45 boats for the Army and nine new generation patrol boats and interceptors for the MMEA. An allocation of RM400 million to repair living quarters of the Armed Forces while another Rm40 million to repair the sewage system in military camps

WiraBoleh

195 posts

Posted by WiraBoleh > 2024-02-05 18:54 | Report Abuse

Berapa saham drb Syed Mokhtar pegang?

Good123

28,067 posts

Good123

28,067 posts

Posted by Good123 > 2024-02-05 21:26 | Report Abuse

Proton sold 12,882 units in January, best start to year since 2013
By Bernama / Bernama
05 Feb 2024, 05:13 pm

Good123

28,067 posts

Posted by Good123 > 2024-02-06 07:19 | Report Abuse

Analyst Consensus
Consensus Target PriceRM1.81
DifferenceRM0.48
Potential Gain/Loss (%)36.28%
Consensus Date06 Sep 2023
Outperform

Good123

28,067 posts

Posted by Good123 > 2024-02-06 07:21 | Report Abuse

TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Etika Strategi Sdn Bhd 55.92 1,081.06 0.00 378.10 31-Mar-2022 Other Substantial/Declarable
Employees Provident Fund Board 9.98 192.97 -1.55 61.21 13-Jul-2023 Other Substantial/Declarable
Lembaga Tabung Haji 3.53 68.23 14.64 23.86 31-Mar-2022 Other Substantial/Declarable
Eastspring Investments Berhad 2.95 56.99 4.83 19.93 31-Mar-2022 Other Substantial/Declarable
The Vanguard Group, Inc. 1.52 29.46 3.16 10.31 31-Mar-2022 Other Substantial/Declarable
CIMB Bank Berhad 0.75 14.40 -3.77 5.04 31-Mar-2022 Other Substantial/Declarable
Dimensional Fund Advisors, L.P. 0.72 13.92 -7.22 4.87 31-Mar-2022 Other Substantial/Declarable
Vanguard Emerging Markets Stock Index Fund (US) 0.63 12.10 0.00 3.47 30-Jun-2023 MF
Tai Tak Estates Sdn. Bhd. 0.57 10.95 0.00 3.83 31-Mar-2022 Other Substantial/Declarable
Vanguard Total International Stock Index Fund 0.56 10.77 0.00 3.09 30-Jun-2023 MF

@WiraBoleh

Berapa saham drb Syed Mokhtar pegang?

12 hours ago

Good123

28,067 posts

Posted by Good123 > 2024-02-06 11:19 | Report Abuse

Usah miss the boat. Hehe

Good123

28,067 posts

Posted by Good123 > 2024-02-06 14:01 | Report Abuse

Up 2sen already.

Posted by TheNormieTrader > 2024-02-06 14:09 | Report Abuse

support at 1.300 , if break support then it go lower down

Good123

28,067 posts

Posted by Good123 > 2024-02-07 09:32 | Report Abuse

bagus... uptrend OTW.. majoriti rakyat cuma mampu beli kereta proton :)

Good123

28,067 posts

Posted by Good123 > 2024-02-07 09:34 | Report Abuse

bos geely ataupun geely harus acquire a stake in DRB macam kat mercedes :) wait n see

Good123

28,067 posts

Posted by Good123 > 2024-02-07 09:44 | Report Abuse

kwsp ~10% stake dalam drb.. mantap
1619 DRBHCOM DRB-HICOM BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower, No. 1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 10/01/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/01/2024 Transferred 93 -
2. 09/01/2024 Transferred 93 -
Circumstances by reason of which change has occurred:
Transfer of 93 ordinary shares from Citigroup Nominees (Tempatan) Sdn Bhd -
Emplys Prvnt FD BD(CGS CIMB-SBL) to Citigroup Nominees (Tempatan) Sdn Bhd -
Employees Provident Fund Board-IC.
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 183,606,797 shares (9.4970%)
Total : 183,606,797 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

12/01/2024 07:00 AM


Ref Code: 202401123600080

Good123

28,067 posts

Posted by Good123 > 2024-02-07 09:45 | Report Abuse

kwsp punya stake ~10% dalam drb boleh dijualkan semua kpd geely :)

WiraBoleh

195 posts

Posted by WiraBoleh > 2024-02-07 12:21 | Report Abuse

@Good123. Tk, brother

Good123

28,067 posts

Posted by Good123 > 2024-02-13 09:16 | Report Abuse

Malaysia-based conglomerate DRB-Hicom and Chinese automaker Zhejiang Geely Holding Group Co., Ltd. (Geely) have signed a joint venture agreement to develop the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak in Malaysia.

Good123

28,067 posts

Posted by Good123 > 2024-02-13 09:19 | Report Abuse

Geely is a Chinese automotive company, while DRB-HICOM is a Malaysian conglomerate with interests in various sectors, including automotive. Geely acquired a significant stake in Proton, a Malaysian automaker owned by DRB-HICOM, forming a partnership to enhance Proton's capabilities and expand its market presence. This collaboration has led to the introduction of new models and technology sharing between the companies.

Good123

28,067 posts

Posted by Good123 > 2024-02-13 09:20 | Report Abuse

DRB-HICOM is a Malaysian conglomerate with diverse business interests, including automotive, services, and property. Geely's partnership with DRB-HICOM, particularly in the automotive sector, provides strategic opportunities for both companies. The collaboration allows Geely to access the Malaysian market and leverage Proton's existing infrastructure, while DRB-HICOM benefits from Geely's expertise, technology, and global automotive insights. This partnership is aimed at strengthening Proton's position in the automotive industry and fostering mutual growth and development.

Good123

28,067 posts

Posted by Good123 > 2024-02-13 09:23 | Report Abuse

Proton, as a Malaysian automotive manufacturer, has shown significant potential in recent years. Its partnership with Geely has brought about advancements in technology, design, and market reach. The collaboration aims to enhance Proton's competitiveness, not only in Malaysia but also in the global automotive market.Proton's potential lies in leveraging Geely's expertise, accessing new markets, and introducing innovative models. Continuous investment in research and development, coupled with strategic partnerships, positions Proton to tap into the growing demand for sustainable and technologically advanced vehicles. Monitoring industry trends and consumer preferences will be crucial for realizing and maximizing Proton's potential.

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:00 | Report Abuse

KUALA LUMPUR: Foreign investors continued their trend of net buying on Bursa Malaysia, with an inflow of RM400.7 million, marking the third consecutive week of net purchases, said MIDF Research.

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:16 | Report Abuse

Up 3sen. 1.37, 1.4++ anytime :)

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:17 | Report Abuse

Buy rate 89%@RM1.37 now

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:18 | Report Abuse

Who will be buying? China funds? :)

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:44 | Report Abuse

Good also, geely or its founder holds 10% stake in drb like in mercedes. Can ask for a seat in the board of directors

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:45 | Report Abuse

Better to acquire quietly like geely did to Mercedes

Good123

28,067 posts

Posted by Good123 > 2024-02-13 10:46 | Report Abuse

Drb is cheap, PE is below 10, net assets per share rm3.91

Good123

28,067 posts

Posted by Good123 > 2024-02-13 12:39 | Report Abuse

DRB-HICOM Berhad is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. Wikipedia
Subsidiaries: Proton Holdings, Puspakom, Edaran Otomobil Nasional, Pos Malaysia, More
Stock price: DRBHCOM (KLSE) RM 1.36 +0.02 (+1.49%)
13 Feb, 11:38 am MYT - Disclaimer
Parent organization: Etika Strategi Sdn. Bhd.
Headquarters: Shah Alam
Founder: Yahaya Ahmad
Founded: 2000
ISIN: MYL1619OO005
Number of employees: Approx. 47,000

Good123

28,067 posts

Posted by Good123 > 2024-02-13 14:04 | Report Abuse

Shareholder Yield for DRBHCOM is ‎10.4%‏ and above peers

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