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 DRB-HICOM Berhad ‘s , Revenue surged to a 10-year hi

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crashbandicoot
post Aug 15 2012, 01:27 PM

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Junior Member
273 posts

Joined: Jul 2006
From: Kuala Lumpur


Why buy?

Owns Glenmarie, and tonnes of land bank (including Proton's landbank currently)
Owns brands such as Honda, Lotus, Suzuki, Audi, Proton, Volkswagen, and currently is the biggest automotive manufacturer in Malaysia
One of the biggest defense contractors in Malaysia, with SAAB JV havent been announced yet
The cheapest priced, biggest conglomerate in Malaysia currently.
Have a lot of smart people working on their board of directors
Financials and books look great (don't ask me how i know)

Dividends expected to be announced this month (Aug 2012)

Current trading at prices lower than before Proton deal was completed (previous high of RM3.30, now trading at 2.55 ::: as at 15/8/2012)
P/E of below 4
crashbandicoot
post Aug 16 2012, 10:23 AM

Getting Started
**
Junior Member
273 posts

Joined: Jul 2006
From: Kuala Lumpur


Currently, selling Uni Asia is just side show, while they prep up for the biggest move, since DRB ate PROTON.

This time, to relocate assembly to Tanjung Malim plant (as evident in pumping RM1 billion to develop Proton City)
Then only can develop current landbank owned by Proton in Glenmarie. Estimated GDV should be more than RM10 billion.

 

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