Highlights

Bursa Master

Author: BURSAMASTER   |   Latest post: Wed, 30 Jun 2021, 10:13 PM

 

DRB & MCEHLDG : THESE TWO COMPANIES SHOULD CORRELATE WITH EACH OTHER IN THE AUTOMOTIVE THEME PLAY!!!

Author:   |    Publish date:


THESE TWO COMPANIES SHOULD CORRELATE WITH EACH

OTHER IN THE AUTOMOTIVE THEME PLAY!!!

 

THE TWO COMPANIES IN QUESTION ARE DRBHCOM &

MCEHLDG.

LATEST NEWS LINKS:

AmInvestment Research said in a report that the automotive sector’s total industry volume (TIV) is forecast to grow 12% year-on-year to 560,000 units in 2021, premised on projected economic growth of 6.5% to 7% in 2021.

 

PETALING JAYA: New vehicle sales are expected to pick up significantly next year due to economic recovery post-pandemic, improved consumer spending and new car model launches, according to research analysts.....for more Click the Link below.

 

https://www.klsescreener.com/v2/news/view/771497

 

 

Government extends SST exemption period to June 30, 2021 – 100% on new CKD cars, 50% for CBU

 

 / 10 comments

 

https://paultan.org/2020/12/29/government-malaysia-extends-sst-exemption-period-to-june-30-2021/

 

 

DRB-Hicom

 

 

 

 

 

BASIC INFORMATION ON DRBHICOM 
 
1.   NTA :  3.39- still  a huge discount to NTA 
 
2.   No of Shares issued :  1,933 million. 
 
3.   52-week High:2.43 
 
4.   Div. Yield : 0.93
 
Related Links:
 
1.  DRB-Hicom - Turning Around
Author: PublicInvest  Publish date:  Fri, 27 Nov 2020
 
2.   PETALING JAYA: DRB-Hicom Bhd is seeing improving prospects as the transformation of its automotive unit Proton Holdings Bhd gains momentum.
 
Working in the the conglomerate’s favour is also the recovery in the business of its 53.5%-owned postal delivery services unit, Pos Malaysia Bhd.
 
 
 
3.  KUALA LUMPUR (Dec 3): CGS-CIMB Securities Sdn Bhd has retained its "add" call on DRB-Hicom Bhd with an unchanged sum-of-parts-based target price (TP) of RM2.35.
4.  Latest QR
5.  HL INVEST TP : 2.45
 
6.   AMINVEST RESEARCH, TP: 2.49

 

 

 

MCE Holdings Berhad & subsidiaries

 

 

 

 

BASIC INFORMATION ON MCEHLDG 
 
1.   NTA :  1.6565- still at a discount to NTA 
 
2.   No of Shares issued :  48 million. One of the smallest in the whole BURSA MALAYSIA making it a "LIGHT" counter which can easily be manipulated. 
 
3.   52-week High : 1.88 in early NOVEMBER 2020 
 
4.   YoY profit growth 
       Latest QR profit is   two year high. 
 
About MCEHLDG 
 
 
The Group is mainly engaged in the manufacture, assembly and trading of automotive accessories. The Group's leading products include anti-theft and remote keyless entry systems; parking, anti-hijack, microwave motion and power window anti-pinch sensors; power window regulator systems of scissor, cable, single arm and double-rail types; power window, instrumental panel and other functional switches; motor-driven door and trunk lid actuators; ignition key set systems, and automotive lightings, among others.
 
http://www.multicode.com.my/

 

 

MCE Holdings Berhad (“MCE”) is pleased to announce that its wholly owned subsidiary, Multi-Code Electronics Industries (M) Berhad, had secured contracts to supply various mechanical parts for PERODUA new car models.

https://www.klsescreener.com/v2/announcements/view/3276901

 

 

https://multicode.com.my/customers/#!

 

LET’S SEE HOW THE SHARE PRICE MOVEMENT IN THE NEAR FUTURE FORBEARING ANY GOOD CORPORATE NEWS.

Disclaimer : The above opinion is never intended to be a BUY CALL whatsoever. I am sharing my observations ONLY based on fundamental; past history; current trading pattern; charts etc. Please make your own informed decision before buying this share or whatever share for that matter.

BURSAMASTER

 
 

 

 

Share this
Labels: DRBHCOM, MCEHLDG

Related Stocks

Chart Stock Name Last Change Volume 
DRBHCOM 1.68 +0.02 (1.20%) 1,185,800 
MCEHLDG 1.30 -0.03 (2.26%) 62,800 

  Be the first to like this.
 
tips888 EKOVEST 3 MONTH AGO 0.52 NOW 0.53 CAN BUY? I CANT FIND ANY CHEAP STOCK NOW. PLEASE GUIDE ME.
30/12/2020 10:53 AM
speakup but ekovest in march only 30sen wor
30/12/2020 3:28 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

326  542  516 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 EURO 0.87+0.155 
 TANCO 0.21+0.045 
 PUC 0.19+0.01 
 SOLUTN 0.89-0.01 
 KANGER 0.065+0.005 
 ASB 0.17+0.02 
 DNEX 0.74-0.01 
 SERBADK 0.41-0.005 
 HWATAI 1.15+0.08 
 HSI-CIK 0.21+0.02 
PARTNERS & BROKERS