2017-02-13

DRBHCOM (1619) DRB-HICOM BHD - PROTON GEELY CHINA IS HERE. ========

DRBhicom Highlights

Latest News :

1. Our government ready to let go Proton - Kerajaan tidak mempunyai sebarang masalah atau isu berhubung tindakan DRB-Hicom Bhd melepaskan 51 peratus kepentingannya dalam Proton Holdings Bhd (Proton) sejajar usaha mendapatkan rakan kongsi strategik asing (FSP) bagi pengeluar kereta nasional berkenaan. 10 Feb 2017

http://www.sinarharian.com.my/nasional/jual-kepentingan-proton-kerajaan-tiada-masalah-1.626077

2. China is buying malaysia business - China’s Geely Automobile Holdings has emerged the clear leader ahead of France’s Renault and Peugeot parent PSA in the queue of suitors for Malaysia’s Proton carmaker. 12 Feb 2017

http://www.scmp.com/week-asia/business/article/2069928/proton-saga-why-would-malaysia-sell-its-symbol-dignity-china

3. Potential Turnaround play - "In DRB’s results for FY16 ended March 31, the firm posted a net loss of RM991.9mil. Its automotive segment booked almost RM1bil operating losses. Excluding its automotive’s RM1bil loss, DRB-Hicom should have made a RM370.5mil profit."

4. Positive catalyst - A NEW technical partner for Proton Holdings Bhd could be a catalyst for DrbHicom. For one thing, it would reduce the impact of Proton’s losses on DRB-Hicom. At the current share price of RM1.26 apiece, DRB-Hicom is valued at a price-to-book value (P/BV) of 0.41 times, lower than the automotive sector’s at 0.7 times P/BV. 11 Feb 2017

http://www.thestar.com.my/business/business-news/2017/02/11/can-proton-do-it-this-time/#zWuYCJBehAzQeJwc.99

5. Deadline for Proposals - The prospective strategic partner for national car manufacturer, Proton Holdings Bhd (Proton), will be made known after Feb 15, says Second Finance Minister Datuk Seri Johari Abdul Ghani.

http://www.nst.com.my/news/2017/02/211815/protons-strategic-partner-be-finalised-after-wednesday-says-johari

Some reasons to put in Watchlist :

1. Technical chart healthy - A strong rally with low volume pull back to RM1.26 which is a previous resistance turn into support now.

Refer https://klse.i3investor.com/blogs/amresearch/115454.jsp

2. Fundamental - Turnaround play + high NTA , no solid eps for sure.

3. General Election 14 - U know what i mean. Theme play bro.

4. Lets Party With China - ANYTHING DEAL WITH CHINA IS BULLISH.

Pos - JV with Alibaba CHINA


Yongtai - Melaka project with CHINA

Shell - bought by CHINA company.

Scomien - CHINA company is buying.

DRBHicom - Proton's strategic partnership Geely CHINA.

Main Question is . . .

China JV with Pos, China buys Proton,

Why not DRBhicom ?

DRBHCOM (1619) DRB-HICOM BHD - PROTON GEELY CHINA IS HERE. ========
http://klse.i3investor.com/blogs/chinatheme/115655.jsp

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