Shariah Setting
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Posts: 111
Joined: Dec 2011
Female, MYS
13 Apr 2014, 09:02 AMPost #1
Public Invest Research keeps Outperform call on DRB-Hicom

KUALA LUMPUR: Public Invest Research said with DRB-Hicom’s (DRB) share price hovering near its 52-week low, it believes the current price offers an attractive entry level for long-term value investors.

“While we recognise the valid concerns over Proton’s performance weighing down DRB-Hicom, we believe it has unjustifiably overshadowed the value of group’s other businesses,” it said on Thursday.

Public Invest Research pointed out the other businesses range from integrated logistics (KLAS, Konsortium Logistik & POS Malaysia) to Islamic banking (Bank Muamalat) to defence and concession businesses (Deftech, Alam Flora & Puspakom) as well as its valuable land banks and properties.

“We maintain our Outperform call on DRB-Hicom with a lower target price of RM3.40 (previously RM3.53) after factoring in POS Malaysia market valuation and a slower-than-expected turnaround in Proton’s performance,” it said.
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Posts: 3
Joined: Aug 2014
Male, MYS
21 Jul 2015, 07:52 PMPost #2
DRB-Hicom, are you hitting the floor, because of Proton, or because of Najib? This share, could easily go on an upswing...... actually it should..... let's hope Najib approves the billion Proton needs for research work, then it will go on an up swing.....
Of couse, 100 Million will go for provincial cost.
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Posts: 741
Joined: Dec 2016
Male, MYS
02 Apr 2017, 04:21 PMPost #3

ONLINE coaching - Group Premium Student Mahersaham

Lisa Leong
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Posts: 1
Joined: Jan 2018
Female, MYS
09 Jan 2018, 02:49 PMPost #4

still can buy


yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry