|
| |
Overview
Financial Highlight
Headlines
Business Background Bermaz Auto Bhd along with its subsidiaries is engaged in the distribution and retailing of Mazda vehicles as well as providing after-sales services for Mazda vehicles in Malaysia and Philippines.
  JJchan For me Bauto operation is NO different from a Car repair shop under a Big Tree except Bauto got a Show Room to sell new Madza----No asset to impair during Bad Times like Now, no manufacturing Plant to close Down--- Same technician can be used to repair Different Car Model ( nothing special, my Car mechanic can do this job 50years ago ) In a Nut shell, More Car Model is Better than One Model--------Nothing to Loose ( except pride if model failed to gain popularity---always got option to dump it ( cost no more than 5mil ) 19/06/2021 10:47 AM  DannyArcher JJchan, if I am not mistaken, they are entering a JV with KIA to assemble cars for KIA for SEA region. This is a game changer, question is, will they succeed in changing the minds of Aseans? I think hard... with Thailand and Indonesia being 2 of the biggest car market and Singapore as the most lucrative.... all 3 have 101% faith in Japanese cars. BAuto is not going to sell KIA until they are able to change the mentality of the people in this region. This is a mentality problem, not an economic problem. 19/06/2021 2:39 PM  RJ87 Look danny, u hv any problem if Bauto a found to make some small profit even by selling or fixing bicycle? For some reason, u made KIA JV as game changer as if KIA don't do well, it would significantly affect Mazda's and BAuto's performance. That's where u are wrong. The focus is Mazda sales and profit are getting strong and stronger. And now, they are trying to make even more money by selling KIA. It's not a question if KIA would be as good as Mazda..Say if selling Mazda alone puts BAuto at RM2. And with KIA 25% as good as Mazda, that would put Bauto at RM2.50. Anything from KIA is a BONUS, not a game changer like you say. U get that right? 19/06/2021 3:47 PM RJ87 Besides, MCO doesn't really affect BAuto's sale. If u take selling guitar for example. Say average sales is 8K a month. MCO two months. By the follow month where MCO is lifted, the sales becomes 24K a month. Those who hv a capability(bank reduce interest) and set their mind to buy Mazda, will do it anyway. Just a matter of sooner or later. MCO only affects F&B. Cos, if ppl don't buy ur nasi lemak or go out buy ur beer, they would be eating maggi mee and drinking milo at home. U can't delay ur 60 days of nasi lemak and 8 weekend of beer to eat and drink them one shot right 19/06/2021 4:10 PM JJchan JV with KIA assemble for SEA but they plan to used Kedah DRB plant (no need to invest plant and machinery )---KIA supply the parts and DRB assembled. So what is BAUTO part in the JV deal----Marketing ( very small financial outlay ) Get Order then assembled ( no ex-stock, no cost over-run )----I think BAUTO get a very Good Deal just sitting on its Reputation----Sometimes you See Huge GoodWill in Company asset Book and you are wondering where they Got it from. Bauto will show you how they get it from. 19/06/2021 4:23 PM Masterinvestor With good management like Bermaz, I am sure Kia will go back to its past glory years in Malaysia, and their success would allow them to acquire even more brands 19/06/2021 10:44 PM JJchan This Qr dividend yield is 2.195%----Even higher than my favourite stock, BAT at 1.44% 20/06/2021 9:06 AM JJchan My First impression is Kia a very good deal But after thinking for a while, peugeot long term contribution is very impressive---Peugeot actually owns Brand like Jeep, Alfa Romeo, Maseratti, Lancia and Chrysler. Although most of these Brand has local franchise holder but they may end like Berjaya selling off franchise Rights Due to Low profit contribution ( massive shift to EV may the cause ) ----Unlike Perodua, Bauto donT need to sell 200,000 per month, just 200 and charge lucrative spare parts and maintenance fees. 20/06/2021 9:27 AM RJ87 I'm thinking what's the research house strategy to write on BAuto QR this time. It's either within expectation, full MCO impacts earning or prospect so so. Especially from Kenanga and CIMB. C12 and C16 expiring. Next is C15 and C18 from Ambank and CIMB again. Either they gonna write that themselves or via proxy research house. If earnings maintained, price should go above pre-covid price of RM2.60. Just a matter of time. 20/06/2021 3:06 PM milosh as predicted: https://miloshtrading.blogspot.com/2021/06/bermaz-profits-going-up.html 21/06/2021 10:18 AM RJ87 https://www.theedgemarkets.com/article/analysts-upgrade-calls-and-tps-bauto Should hv rerate to pre-covid price. 21/06/2021 12:54 PM RJ87 kenanga TP 1.45 to save himself from paying too much for C12... Now waiting wat CIMB gonna say...=D 21/06/2021 2:16 PM  pinnaclegrade Latest Target Price by IB: 21-June-2021 Affin Hwang Capital - RM 2.08 (+40.4% upside) 21-June-2021 CGS-CIMB - RM 2 (+35.1%) 9-June-2021 Maybank - RM 2.25 (+55%) 21/06/2021 4:33 PM JJchan For next few Days if EPF started to Buy continuously, all the contra players will be pocketed by this whale Shark. Only EPF can Eat continuously without feeling Full 21/06/2021 6:35 PM Mason At last I saw >1.60, this is the time for BAUTO to go back to pre pandemic 1.80~2 range. I been waiting for so long. 22/06/2021 10:09 AM JJchan DonT discount BAuto maybe first to bring EV cars to Malaysia ( no Sale Tax ) Bauto option is bigger than most importer Peugeot, KIA and Madza 22/06/2021 5:49 PM Tradegentlemen Pinnaclegrade can I know from where you saw the IB price target from Cimb and Maybank ? 26/06/2021 9:24 PM  SinGor kwap got 2.2% and started buying now...so if kwap going to buy up to 5%...got to acquire 26--30 mil more shares. Might push price up to 2.00 15/07/2021 6:21 PM Johnlee85 https://autobuzz.my/2021/07/15/bermaz-auto-to-introduce-full-range-of-peugeot-suvs-kia-ev6/ 17/07/2021 5:42 AM wallstreetrookie The chip shortage is shaping up to be the dominant theme of yet another earnings season for the automotive industry. The current drought, which seems likely to last into next year, is a big management challenge and is leading to some unusual market share moves. At an industry level, though, it is also having beneficial side effects, as consumers pay up for the few vehicles available, often helped by easy credit terms. In particular, high prices are boosting the value of car makers’ banking operations, which are exposed to residual prices through the leasing business. The adjusted return on equity in Daimler’s big financing arm was a barnstorming 24% in the second quarter, up from 8.6% in the previous year Despite some dramatic numbers, investors have largely ignored the semiconductor problem, neither worrying much about the effect of lower-than-expected sales in what was supposed to be a recovery year, nor giving manufacturers much credit for today’s unusual levels of profitability. Daimler’s stock is up 23% this year, but it still trades at just six times earnings forecasts for this year and next—toward the bottom end of the historic range. This might be a bit cheap given Daimler’s plans to demerge its valuable heavy-truck business later this year. For the wider industry, though, discounting the current situation makes sense. WSJ 22/07/2021 10:12 AM The_JQuestion no joke trending up close at 1.60 will be the beauty of a strong rallly 22/07/2021 2:00 PM JJchan I think a Bauto Rally is Not bcos it is better than most Blue Chip but rather Malaysia Blue Chip is too Dull after being Dumped by foreign Fund---It so happen, Bauto got a "pair of very nice Legs" walking around 22/07/2021 9:37 PM sharvin5 But do you think Malaysia will allow imports of EV cars as oil and gas are the backbone of malaysian economy 22/07/2021 10:46 PM The_JQuestion YES because EV is not cheaper than O&G cars i think they are already in the progress of it its like 5 G , we have to keep track with the technology and to JAGA MUKA of the nation..we supply batt to USA but no EV in malaysia? also may be able to bring other EV project to malaysia and learn about EV hence improve our industrial production its not just about whether the car good or not it bring in economy factors too 23/07/2021 12:50 AM JJchan Malaysia is a signatory of environmental ( donT know what UN agency)---No import Tax for EV car 23/07/2021 9:15 AM  IronShirt https://www.theedgemarkets.com/article/govt-consider-giving-flexibility-companies-operate-full-capacity-if-employees-are-fully No more lockdown if 100% full vaccination for all workers 25/07/2021 5:51 PM UncleFollower This counter gave me enough to buy a few mazdas so ive no complaints lol 28/07/2021 3:07 PM RJ87 Interesting question is who is genetec customers? They are turning to black on EV part sales. I wonnder which CKD started EV car. 31/07/2021 12:12 PM  | |
