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

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snake_eye
post Aug 15 2012, 02:02 PM

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QUOTE(crashbandicoot @ Aug 15 2012, 01:27 PM)
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
*
any proof?
snake_eye
post Aug 16 2012, 02:28 PM

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QUOTE(crashbandicoot @ Aug 16 2012, 10:23 AM)
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.
*
Do u know when is their 1Q FY2012/2013 result?
Any dividen will be given?


Added on August 17, 2012, 11:46 amThank you crashbandicoot. its up already. bought it at 2.55..
i think investors are now waiting DRB financial result and their good news.

This post has been edited by snake_eye: Aug 17 2012, 11:46 AM
snake_eye
post Aug 28 2012, 12:02 AM

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today financial year statement release..
is it a good sign?even revenue is high but the profit is too low compare last year..
no dividen was announced..
snake_eye
post Aug 28 2012, 05:52 PM

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but the dividen for previous quarter FY is not announce yet..
snake_eye
post Aug 29 2012, 01:34 AM

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just nice..mostly invesment bank target are >RM3.50..
no worry to hold this counter..
snake_eye
post Sep 12 2012, 10:22 PM

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EPF buying a lot this counter this month..any positiv news for this bajet??

?????????

 

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