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KLSE: MBMR       MBM RESOURCES BHD
Last Price Avg Target Price   Upside/Downside Price Call
2.27 2.43     +0.16 (7.05%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
23/02/2018 2.20 2.85 +0.65 (29.55%) BUY KENANGA Price Target News
23/02/2018 2.20 2.68 +0.48 (21.82%) BUY HLG Price Target News
13/02/2018 2.30 2.68 +0.38 (16.52%) BUY HLG Price Target News
13/02/2018 2.30 2.20 -0.10 (4.35%) HOLD AMMB Price Target News
23/11/2017 2.11 2.45 +0.34 (16.11%) BUY MIDF Price Target News
23/11/2017 2.11 2.20 +0.09 (4.27%) HOLD KENANGA Price Target News
23/11/2017 2.11 2.54 +0.43 (20.38%) BUY HLG Price Target News
23/11/2017 2.11 2.10 -0.01 (0.47%) HOLD Affin Hwang Capital Price Target News
16/11/2017 2.16 2.45 +0.29 (13.43%) BUY MIDF Price Target News


Price Target Research Article/News (past 6 months)
23/02/2018  KENANGA MBM Resources Bhd - FY17 Above Expectations
23/02/2018  HLG MBM Resources - FY17: Above Expectation
13/02/2018  HLG MBM Resources - Acquisition of Remaining 22% Stake in OMI
13/02/2018  AMMB MBM Resources - Consolidating ownership of OMI
23/11/2017  MIDF MBM Resources - Inflection Point Came Earlier Than Expected
23/11/2017  KENANGA MBM Resources Bhd - Broadly Within Expectation
23/11/2017  HLG MBM Resources - 3Q17 in Line
23/11/2017  Affin Hwang Capital MBM Resources - 3QFY17: Within Expectations
16/11/2017  MIDF MBM - Deep Value Play



  leno likes this.
 
newrookie Wa will expired at 26-5-2017. MBMR quarter result normally will come out between 18-5-2017 to 22-5-2017. If MBMR result is profit then the Warrant got chance to increase but if not prepare for the worst..
13/05/2017 22:02
newrookie I bought Wa 0.07 but sold at 0.05. Yes I am loss but at least the balance of my money still has in my pocket. Then I can make profit with other stocks..
13/05/2017 22:04
MrPauper Even if the result is good, will the share price limit up to put the WA into money?
13/05/2017 22:29
MrPauper Or will the management be so generous to buy back all the WA with an inflated price just to release all the speculators from losses?
13/05/2017 22:31
MrPauper Or will operator make 1 final push to maximise their losses or minimise their losses?
13/05/2017 22:32
MrPauper *maximise profits
13/05/2017 22:32
MrPauper Sometimes, losing one third is better than losing everything. As long as you preserve your capital, you have a chance to make it big with other stock
13/05/2017 22:34
MrPauper Just that so not speculate on other counter with the remaining balance. Invest in fundamental stock
13/05/2017 22:35
newrookie MrPauper.. Yes indeed. You are right. Do not expect this Warrant will be as same as Notion Wa or Seacera Wa. Take your money as soon as possible. Then make money at other counter..
13/05/2017 22:40
shafiqhairudin Tq so much. Tp i take my own risk waiting until 26th.. but if reach 0.06 i will let go
15/05/2017 13:18
newrookie shafiqhairudin... I will pray for you, to all MBMR Warrant & especially to MBMR operator to have kindness to increase the WA to 10 cents for the last time. Then we all pray for MBMR company to get very very high profit this year..
15/05/2017 14:08
newrookie To the MBMR operator if you have kindness heart, please don't be very very cruel like IVORY-WA operator..
15/05/2017 14:11
newrookie Its rise up again from 0.01 to 0.02. Still got hope plus QR not release yet.
15/05/2017 14:40
shafiqhairudin Thank you everyone.. let go already
15/05/2017 17:32
Fahed Aswad Someone pushing the price down. the pressure can see.. highest was 0.035 for mbmr wa. didn't get to sell it zzzzzz
16/05/2017 11:17
Tong Mun Hoe OPPORTUNITY , QUICK
19/05/2017 16:10
newrookie May I know when the date of QR will be release?
20/05/2017 00:26
yipgusing oh shit ... not even half cent the warrant ...#@$!#@
22/05/2017 11:35
gks3318 No hope already ...
22/05/2017 22:13
yipgusing at least not a -ve financial result ..
25/05/2017 00:05
yfchong bro yip... buy... when rsi low
30/07/2017 09:43
Jolin Lai Chi Pet drop more, i buy more. I see many Bezza on the street nowdays...........some more a new model will come out to replace Myvi soon
23/08/2017 12:14
dompeilee Bought some MBMR @ 2.05...Gonna b sizzling hot soon !: https://www.youtube.com/watch?v=Gf1a2qJM1Cs
16/10/2017 16:04
Bullhunter no volume!
06/11/2017 16:06
Diet Pang I see expect 2 flat...
06/11/2017 16:48
Leow Jia Le new myvi launching soon, good chance for mbmr !
07/11/2017 16:52
Lau333 Launching is set on 16 Nov 2017. Will have a better feel of the market response towards the new Myvi.
11/11/2017 12:33
Lau333 1500 units in two days!
The target is average 6000 cars monthly in the first 3 months. That's is nearly a third of monthly volume of ~17/18k.

Quoted'According to managing director of Perodua Sales, Datuk Zahari Husin, bookings for the new Myvi have reached an all-time high, with 1,500 units recorded in just under two days."
https://paultan.org/2017/11/11/2018-perodua-myvi-1500-bookings-in-just-two-days/
12/11/2017 13:14
dompeilee I'm in PROFIT!!! :) https://www.youtube.com/watch?v=7dcX8Jxro80
13/11/2017 09:22
omightycap Do you think the latest Myvi will help improve MBMR ?
Take a look at our technical analysis recommendation on MBMR
https://omightycap.wordpress.com/2017/11/17/new-myvi-the-related-mbmr/
20/11/2017 12:25
Lau333 Quoted” Perodua’s order books for the new 2018 Perodua Myvi now has 15,500 names, almost two weeks into the launch of the third-generation hatchback. The figures, given by Perodua president and CEO Datuk Aminar Rashid Salleh this afternoon, are until yesterday. The company has delivered 1,900 units of the car so far.”
https://paultan.org/2017/11/29/perodua-myvi-bookings-reach-15500-units-1900-delivered-84-1-5l-variants-grey-most-popular/#comments

As of 24 Nov: 13,000 booking in 15 days -> Book Rate = 867 per day
As of 28 Nov: +2,500 booking in additional 4 days-> Book Rate = 625 per day

Look like booking slacks after initial burst. Assuming 625 per day booking, per month rate will be 18,800 or 11,200 delivery (assuming loan approval ratio of ratio of 60%). That’s nearly double the 6000 initial target.

Hopefully, the momentum can sustain....
29/11/2017 19:05
makubex718 2018 Perodua Myvi – orders hit 20,000, 4,500 delivered; 184,707 vehicles sold from Jan-Nov 2017, up 1.2%

https://paultan.org/2017/12/08/2018-perodua-myvi-orders-hit-20000-4500-delivered-184707-vehicles-sold-from-jan-nov-2017-up-1-2/
08/12/2017 11:58
bachalet https://www.thestar.com.my/business/business-news/2017/12/16/mbm-gaining-traction/
20/12/2017 05:02
bachalet Going through their 2016 annual report and notice that Perodua has no debt at all in their balance sheet. The value of mbmr stake in perodua itself is higher than its market cap.

Wondering why the other big automotive players are not looking to acquire the company given it is steeply undervalue? Can easily help them in providing the profit growth for the future..

Expect a better performance starting 4Q of 2017.
20/12/2017 09:19
wklee9113 Why DRB can increase so much and mbmr can't increase
02/01/2018 20:17
Lau333 Auto loan growth decreased by -1.0% YoY for Nov, which signals sluggish growth for TIV as confirmed by Paul Tan’s data for Nov +0.2% YoY and +4.6% MoM.
https://paultan.org/2017/12/18/november-2017-malaysia-vehicle-sales-up-4-6-from-oct-0-2-up-year-on-year-ytd-is-1-3-up-from-2016/

Even worse, auto loan application actually contracted which indicates the root of auto industry’s malaise may lie with the consumer demand (which is harder to solve) rather than just difficulty to get loan.

There are two catalyst for MBMR:- volume growth and shift towards higher margin product mix. Of course, now with additional factor of stronger Ringgit vs yen. So, a shift back to profit margin of ~5% together with stronger Ringgit will probably provide just enough fuel for price to rise to around RM2.35-RM2.55. To go beyond, probably need volume growth in 2018.
04/01/2018 21:52
ivan9511 this ine one of course is buy so cheap buy all in also can
sure good dividend good company
business is future good
14/02/2018 15:01
Lau333 Anticipating a cup and handle formation? Wait for the break of the flag pattern for a push to 2.70-2.80 (based on the height of the cup)…Results should be coming soon at max 9 days!
19/02/2018 21:50
nich0las QR PBT -202Mil
22/02/2018 18:40
Lau333 Result not satisfactory. Hit by impairment adjustments totaled to RM242.5 million for the quarter. Even core also not nice, an associate profit down 23.5%. JV reduced by 34.4%....
22/02/2018 18:43
yfchong pengsan liao....must read q ..... fr alloy wheels
22/02/2018 19:05
Mohd Fahmi Bin Jaes Limit down
22/02/2018 20:26
ivan9511 All go in con lori luar
Tomorroe all close yee no eye
No eye see
23/02/2018 01:57
yfchong sure.... goes rm 1...
23/02/2018 06:45
Lee Yih Yeong si liao
23/02/2018 07:53
yfchong suspend immediately....
23/02/2018 08:42
shareinvestor88 Massive losses . Sell TP 50c
23/02/2018 08:43
Lau333 MBMR is holding better than expected.
23/02/2018 09:37
yfchong still have 3 months epf sneeze..

epf sneeze...
pengsan
23/02/2018 10:31
Matthieu Seven seem like still solid like rock
23/02/2018 11:09


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