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Are Investors Undervaluing DRB-HICOM Berhad (KLSE:DRBHCOM) By 37%?
Analysts Remain Positive on DRB-Hicom's Outlook Despite Proton's Sales Challenge
KUALA LUMPUR (June 14): Analysts remain upbeat on the outlook of DRB-Hicom (KL:DRBHCOM), despite its 51%-owned national automaker Proton Holdings Bhd anticipating flattish vehicle sales amid increasing market competition.
Proton Sales up 14% M-o-m to 12,522 Units in May, Saga Remains Top Exported Model
KUALA LUMPUR (June 6): Proton Holdings Bhd, in which DRB-Hicom Bhd (KL:DRBHCOM) owns a 50.1% stake, saw its vehicle sales rise 13.6% month-on-month (m-o-m) to 12,522 units in May, thanks to improved export market sales.
Here's What We Like About DRB-HICOM Berhad's (KLSE:DRBHCOM) Upcoming Dividend
Malaysia Closing Bell on 24 May | SIME Was the Top Gainer of FBM KLCI
SIME was the top gainer, rising 2.08 percent to close at RM 2.950. The top loser was PETDAG, losing 2.55 percent to end at RM 19.900.
DRB-Hicom's Profit Drops in Q1; Shares Fall 4%
DRB-Hicom (KLSE:DRBHCOM) booked a profit attributable to the owners of 91.5 million ringgit in the first quarter, down from 107.9 million ringgit a year ago. Earnings per share dropped to 0.0473 ringg
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