DRBHCOM (1619) - TIME FOR BOOST DRB HI-COM VERY HIGH!!!

Tags



WANT TO BE A SPARTAN? 
Click here https://www.telegram.me/kimstock for more details. 
 
------------------------------------------------------------------------------
DATE: 10 NOVEMBER 2017
 
STOCK: DRBHCOM [RM1.78]
TARGET PRICE:  1st - RM1.78 (hit) / 2nd - RM1.90 & RM2.20 (MT)
 
This stock 2nd called by Kim again at same level on previous month (1.70 - 1.72). Kim also mentioned RM1.75 & 1.78 on his 1st target price. The share has been surged till RM1.82. Kim also released his call in SGT (Spartan Group Channel) on call warrant. His picked DRBHCOM-C37 0.05 - 0.055 cts yesterday. Kindly check on this screenshot Kim's channel as below :
 
------------------------------------------------------------------------------
THE PROFILE
------------------------------------------------------------------------------
 

 
DRB-HICOM Berhad (“DRB-HICOM” or the “Group”) is one of the nation’s largest and most diverse conglomerates. We are mainly involved in the Automotive, Services & Education and Property, Asset & Construction sector. The Group has recently seen a revitalisation of its businesses, through the creation of new revenue streams and the injection of new lines of businesses through the execution of strategic moves aimed at increasing growth and profitability.
 
Arising from a merger between Heavy Industries Corporation of Malaysia Berhad (HICOM) and Diversified Resources Berhad (DRB) in 2000, DRB-HICOM has been actively expanding its portfolio in creating end-to-end value chains for its key businesses. It has also embarked on a rationalisation strategy to dispose of non-core assets, thus implementing a leaner and more efficient developmental resources management plan.
 
The Group has more than 80 operating companies within its stable and a workforce of some 60,000 employees. With a diverse range of operations that are nevertheless interlinked to create synergy, DRB-HICOM has built a strong foundation with great potential for the future. We will strive to remain resolute in being one of the nation’s largest and most diversified conglomerates and stay resilient in facing future challenges.
 
The Group’s Automotive arm can be considered one of the most comprehensive automotive businesses in the country. We also own national icons such as PROTON Holdings Berhad (PROTON), Motosikal dan Enjin Nasional Sdn. Bhd. (MODENAS) as well as Composites Technology Research Malaysia Sdn. Bhd. (CTRM), which plays a vital role in the global supply chain of aviation parts.
 
Within its Services & Education sector, the Group holds government and local authority concessions through Pos Malaysia Berhad (Pos Malaysia), Alam Flora Sdn. Bhd. (Alam Flora) and Pusat Pemeriksaan Kenderaan Berkomputer Sdn. Bhd. (PUSPAKOM). We expanded into the education sector through DRB-HICOM University of Automotive Malaysia (DRB-HICOM U), which was elevated to a full-fledged university status just 5 years after its initial inception as International College of Automotive (ICAM).
 
In the Property, Asset & Construction sector, we are the developers of the prestigious Glenmarie brand, which is synonymous with luxury and quality in residential, industrial, commercial and hospitality projects nationwide. In addition to that we have also developed Proton City, a township with industrial, commercial and residential activities spread over 4000 acres.
 
------------------------------------------------------------------------------
THE KEYNOTE
------------------------------------------------------------------------------
 
DRBHCOM -  The local automotive industry needs to proactively look at the strategic partnership between DRB-Hicom Bhdand China’s Geely Holding Group Co Ltd Ain the ownership of Proton Holdings Bhd to revive exports of national cars, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said. He said major automotive players in the country should learn how China’s automotive industry grew rapidly to become one of the top five global carmakers besides Japan, South Korea, India and the United States.
 
DRBHCOM -  DRB-Hicom Bhd rose 2.27% in active trade after Hong Leong IB Research said the recent conclusion of FSP agreement with Geely as Proton Holding Bhd’s new strategic partner (and disposal of Lotus) coupled with the appointment of Li Chunrong as Proton’s new CEO (a veteran in the automotive industry with 30 years of experience working with major international brands), marked a significant milestone for DRBHCOM for its earnings turnaround. The research house said that moreover, the successful injection of KLAS into Pos Malaysia Bhd (POS)  has seen DRB-Hicom Bhd consolidating POS positive earnings.
 
DRBHCOM -  The Minority Shareholder Watchdog Group (MSWG) is hoping that the government will finally end extending financial assistance to ailing national carmaker Proton Holdings Bhd. MSWG said this follows the change in Proton's ownership, with the carmaker now under full commercial control of two private entities: DRB-Hicom Bhd and China-based Zhejiang Geely Holding Group Co Ltd.
 
DRBHCOM -  Tie-up with India’s BAL another step in regaining lost ground. Collaborations are the way of the future. Manufacturers are increasingly going into partnerships to share resources and enter new markets to expand their reach. And after being in the doldrums for some years, Motosikal Dan Enjin Nasional Sdn Bhd (Modenas), a unit of DRB-Hicom Bhd, has also opted to work with others as it revs up for a second ride.
 
DRBHCOM -  The significant management changes  by Proton is a turning point in the national car manufacturer’s long-term quest to emerge as a successful international brand. Dr Li Chunrong, who takes over as chief executive officer (CEO) of Proton Holdings Bhd’s manufacturing arm, comes armed with global automotive credentials that make him to be the best man for the job to turn around Proton and penetrate ASEAN in a big way.
 
DRBHCOM -  Will allow Govco to register private caveats on all the landed properties in the asset pool and will further ensure that there will be no encumbrance in transferring the asset pool to Govco in the event of an asset exchange.
 
 
DRBHCOM -  Proton Holdings Bhd's manufacturing unit has received its research and development (R&D) reimbursement grant of RM1.1bil, which is the latest positive news for the loss-making national car maker. DRB-Hicom said Perusahaan Otomobil Nasional Sdn Bhd (PONSB) had received the reimbursement grant for the R&D activities in line with the government's policies.
 
 
DRBHCOM -  Proton Holdings Bhd targets to be profitable by 2020 following its tie-up with Zhejiang Geely Holding Group and there are plans for the latter to introduce its Euro 6 engines.
 
 
DRBHCOM -  Has completed its proposed divestment of 547 million shares or 49.9% stake in Proton Holdings Bhd to Zhejiang Geely Group Holding Co for a sum of RM460.3mil.
 
 
DRBHCOM -  DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd confirmed today that Dr Li Chunrong will be the new CEO of Perusahaan Otomobil Nasional Sdn Bhd (PONSB).
 
 
DRBHCOM -  National carmaker may be profitable in 3 to 5 years. Li Chunrong, the newly appointed chief executive officer (CEO) of Proton manufacturing arm Perusahaan Otomobil Nasional Sdn Bhd (PONSB), will unveil a transformative plan encompassing eight topics to improve the operations of the company. Among the eight topics are product planning, modification, procurement and quality improvement, with a core focus on customer satisfaction.
 
 
DRBHCOM - India’s Bajaj Auto Ltd (BAL), the world’s third largest motorcycle manufacturer, is keen to make Malaysia its manufacturing base as they seek to make inroads into the Asean market.
 
------------------------------------------------------------------------------
WHAT IS KIM'S STOCKWATCH VIEW?
------------------------------------------------------------------------------
"Now this is a real movement just started with big annoucment in the corner. Good Luck!" - Kim Spartan
 
------------------------------------------------------------------------------
WHAT IS HAPPENING IN KIM'S STOCKWATCH ROOM?
------------------------------------------------------------------------------
 
 
 
 
Regards,
Kim Stockwatch
Telegram : https://www.telegram.me/kimstock   (Real live time trading)
Or Join Elite Spartan Group Traders (SGT)



  
 http://klse.i3investor.com/blogs/spartan/137754.jsp