Highlights
KLSE: MBMR (5983)       MBM RESOURCES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.92   +0.01 (0.34%)  2.90 - 2.99  583,600
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

Price Chart

Loading chart.. please wait.
View Technical Stock Chart @ MQ Trader system
Analyze this stock with MQ Trader system
  leno likes this.
 
fishchu now oil prices so cheap...don't know effect myvi sales ?
25/03/2020 2:19 AM
GLNT no money to buy big cars, get affordable cars like Perodua lah
25/03/2020 7:51 AM
GLNT Maintain BUY recommendation on MBM Resources (MBMR) with lower TP of RM4.80 (from RM5.50), based on 15% discount (from 10%) to SOP of RM5.65. MBMR is our top pick for the sector, as the group has a strong balance sheet with net cash position of RM227.8m (58sen/share) to ride through a downturn in the industry. We expect the group to leverage onto the sustaining Perodua sales (driven by facelift Bezza and new D55L Kembara in 2020). Furthermore, Hirotako is expected to provide for Proton’s CKD program (for X50) in 2H20. We expect another 7-10sen final dividend (on top of distributed 13sen interim dividend), making full year dividend of 20-23sen for 2019. We expect similar 20sen and 22sen dividend for 2020 and 2021, yielding attractively at 7.9% and 8.7% respectively.
25/03/2020 8:11 AM
Richard Lee one month lockdown how can you go out buy car?
25/03/2020 2:58 PM
GLNT Ya, that's why value will be zero. Please sell all and keep your cash in bank. Way safer. End of the world is coming.
25/03/2020 4:04 PM
hairy mahathir say covid19 no working need save money don't waste money buy luxury product
06/04/2020 3:26 PM
dex Hard to predict. Price uncertain. Covid 19 + oil price = economy getting worst.
10/04/2020 5:34 PM
RainT all sector also bad

dont have crisis

then how to buy at bargain?
11/04/2020 3:01 PM
yfchong See........lah later
11/04/2020 5:11 PM
TonsilBasher Anybody wanna buy Myvi? haha
21/04/2020 10:39 PM
SuperPanda bought 2.85 for future profit, this is IB and funds preferred stock during good times, buy now sure wont losing money
29/04/2020 11:55 AM
Agjl MCO will be slowly released in stages. Time to accumulate auto stocks. In time like this, Proton and perodua will be the main vehicles that is affordable in the market. Some will switch from big and medium to small economical cars
30/04/2020 10:32 AM
steelman good dividend paying stock
04/05/2020 9:00 AM
Value888 Perodua loses out to Proton in design & value. Proton sells much more.
05/05/2020 11:22 AM
nicedurians perodua is targeting mass market. proton is targeting middle income
08/05/2020 10:01 AM
Dakewlest No final dividend like last year?
08/05/2020 11:11 PM
BATFLY Opr rate cut should be able to push car sales up. But why no movement in the counter with solid fundamental? Sorry i am new to share trading..
10/05/2020 8:42 PM
uptrending Big ticket item spending, people are very cautious. Now with Covid-19 no sight of effective treatment and vaccines, economy will be bad or deteriorate for the next 1 year, at least. No one except those in the government services, is sure of job security.

So, car sales should be down..
12/05/2020 10:44 AM
uptrending " 3月销量只卖了8601辆perodua。。第一季的perodua销量按年下挫25.85%,volkswagen 42%,volvo 14%"

Copy and paste the comment from Bursa Screener
12/05/2020 10:48 AM
uptrending March 2020 sold 8601 perodua
1Q sales down by 25.85 % YOY

English translation
12/05/2020 10:50 AM
uptrending 2Q sales down by how many %? 50?
12/05/2020 10:51 AM
uptrending April sales maybe ZERO.

Read the below analyst report :

"No sales recorded for April 2020 as MCO was extended to 3rd May 2020. All the marques’ showrooms, vehicle productions and deliveries are temporarily closed, halted and delayed for the period of 18th March till 3rd May 2020.."
12/05/2020 10:55 AM
Value888 Wah DRB Hicom very cheap now. Dont buy then rugi loh.
15/05/2020 3:11 PM
waikee dealer friend say bank now stop make loan for secondhand car
19/05/2020 10:09 AM
waikee how about new car loan ?
19/05/2020 10:09 AM
GLNT https://www.theedgemarkets.com/article/perodua-restarts-operations-nationwide-after-mco-closure
19/05/2020 10:31 PM
Value888 Read Proton's latest X70 got respiratory health feature.
20/05/2020 12:18 PM
roshazli Corona Menyebar, Penjualan Mobil
Pelaku industri otomotif kini sedang berupaya keras bertahan dalam besarnya tekanan ekonomi yang terjadi pada beberapa bulan belakang. Seperti apa geliat industri otomotif yang harus terrem sementara di tengah pandemic?
https://www.youtube.com/watch?v=ijv_CIw92Ck
20/05/2020 4:13 PM
roshazli Corona Menyebar, Penjualan Pelaku industri otomotif kini sedang berupaya keras bertahan dalam besarnya tekanan ekonomi yang terjadi pada beberapa bulan belakang. Seperti apa geliat industri otomotif yang harus terrem sementara di tengah pandemic?
https://www.youtube.com/watch?v=ijv_CIw92Ck
20/05/2020 4:14 PM
Teo Cher Ming 9sen final dividend cantik
20/05/2020 5:54 PM
GLNT plus share buyback proposal. should have done this years ago lah..
20/05/2020 7:11 PM
GLNT roshazli, this is cnbc indonesia, not related to Malaysia, thank you.
20/05/2020 8:10 PM
Value888 Shit. Profits dropped 45%.
21/05/2020 2:01 PM
ykloh coming quarter will be worse.
21/05/2020 7:24 PM
Sebastian Power this type of covid new world order no choice lo. I think This price will back to two year ago about 2.3-2.5
21/05/2020 8:31 PM
GLNT Priced in already la. already knew results gonna be shit since two months ago.
21/05/2020 9:35 PM
Dakewlest At least announced 9 sen final dividend. Good.
21/05/2020 11:47 PM
SuperPanda this stock is not a quick rich counter but worth your money to hold
22/05/2020 7:16 AM
SuperPanda buy more when market is bleed
22/05/2020 7:17 AM
sell Apr'20 car sales down 99% good news?
22/05/2020 11:41 AM
GLNT Stock market moves ahead of economy lah. April 99% down is already known since like....1.5 months ago. If you don't know market moves ahead of economy, better stay away from stocks.
23/05/2020 1:00 AM
Stockwiser https://m.facebook.com/story.php?story_fbid=3065612603552236&id=144505178996341
23/05/2020 5:18 PM
Stockwiser Do u think still got many people willing to buy car?
23/05/2020 5:19 PM
shareinvestor88 no money to buy. Better sell this stock TP 1.50
24/05/2020 12:44 AM
addy my friend working in hong leong bank told me now hong leong bank give car loan ,installment rm1000 per month bank account saving must have cash money 24k for instalment 2years money in 2 year bank to give lending...tightening lending...many bank loan margin give 70% max loans.
example : your bank account saving in year 2018 have 24k until now still have 24k ,bank give lending...if year 2018 bank saving have 10k 2019 year have 15k now have years 2020 have saving 24k bank will rejected loan...
24/05/2020 3:09 PM
addy bank stop make home loan and car loan those have work permit singapore
24/05/2020 3:12 PM
addy many customer cannot reach bank term condition to take loan in cmco
24/05/2020 3:19 PM
MrRightTiming GLNT Stock market moves ahead of economy lah. April 99% down is already known since like....1.5 months ago. If you don't know market moves ahead of economy, better stay away from stocks.

Haha..well said!
28/05/2020 2:31 AM
Jack888 uptrend....buy !
28/05/2020 8:57 AM
investortrader88 just bought at RM 2.90 just now.keep.good luck guys !
28/05/2020 3:59 PM