MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

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Last Price

4.84

Today's Change

-0.03 (0.62%)

Day's Change

4.83 - 4.88

Trading Volume

125,300


3 people like this.

2,381 comment(s). Last comment by Income 1 week ago

Hafid

1,130 posts

Posted by Hafid > 2020-02-27 10:04 | Report Abuse

result no good.

Dakewlest

1,747 posts

Posted by Dakewlest > 2020-02-27 10:13 | Report Abuse

TP Maybank RM6.35

Dakewlest

1,747 posts

Posted by Dakewlest > 2020-02-27 14:12 | Report Abuse

TP AmInvestment RM5.54

Happykoo

119 posts

Posted by Happykoo > 2020-02-28 17:56 | Report Abuse

What happen...?? Drop much

yongch

1,104 posts

Posted by yongch > 2020-03-01 21:37 | Report Abuse

All FM kaki force SELL tmrw,TP2.0!!!!

Greedis

24 posts

Posted by Greedis > 2020-03-03 16:48 | Report Abuse

why suddenly drop so much?

Hafid

1,130 posts

Posted by Hafid > 2020-03-04 05:08 | Report Abuse

Dow crash. Small cap also crash

Posted by charliecharlie > 2020-03-04 10:45 | Report Abuse

good crash. Pickup summore this morning.. Average cost now still high at 3.66++

Dakewlest

1,747 posts

Posted by Dakewlest > 2020-03-04 11:58 | Report Abuse

Is there chances for final dividend in April 2020?

GLNT

545 posts

Posted by GLNT > 2020-03-04 14:21 | Report Abuse

There will be. if not, the recent dividend will be called final dividend. As it is, it's only 2nd interim dividend.

Greedis

24 posts

Posted by Greedis > 2020-03-04 22:56 | Report Abuse

sHOULD I SELL OR HOLD

Posted by charliecharlie > 2020-03-05 03:00 | Report Abuse

just sell if unwilling to invest...go and speculate like a day trader. :) I;'m sure u will earn more (or lose more)

GLNT

545 posts

Posted by GLNT > 2020-03-05 09:27 | Report Abuse

Please sell please sell. Thanks!

Posted by keithtrade > 2020-03-06 09:24 | Report Abuse

What a bargain with a PE of 6 and projected yield of 7% at this price

keonkx123

186 posts

Posted by keonkx123 > 2020-03-10 10:30 | Report Abuse

I am abit confused. This counter hold substantial share in Perodua, which takes up 40% of the car retail market in malaysia. Where is the drop coming from? Purely market sentiment?

GLNT

545 posts

Posted by GLNT > 2020-03-10 11:38 | Report Abuse

Big boys selling, including EPF. Let all who wanna exit just exit fully till no sellers. Better to purge all weak holders fast. I'm happy to get 7% dividend with PE 6x and net cash of 230mil.

Greedis

24 posts

Posted by Greedis > 2020-03-10 11:42 | Report Abuse

Yes. i agreed with keon. Why there is dropping so much in such short time where the predictic is good

Posted by JHMoneyMatters > 2020-03-10 15:10 | Report Abuse

I just bought some @ 3.01 this morning, now already 3.10 with dividen.

GLNT

545 posts

Posted by GLNT > 2020-03-10 15:13 | Report Abuse

For those who want to sell, please sell now, once and for all, since the world is going to end.

adhas43

23 posts

Posted by adhas43 > 2020-03-10 17:14 | Report Abuse

Company with good fundamentals no need to worry much . Just keep it as investment with reasonably good returns .

keonkx123

186 posts

Posted by keonkx123 > 2020-03-11 02:25 | Report Abuse

Ya, i have done thorough research on this company and see a bright future for this counter. So i am gonna sleep tight and wait for the rollout of perodua suv with a very affordable price.

Do note that despite selling of some shares of epf, epf is still a substantial shareholder of 8% in this counter.

Icon8888

18,658 posts

Posted by Icon8888 > 2020-03-11 06:17 | Report Abuse

Meaning EPF still have 8% more to sell

GLNT

545 posts

Posted by GLNT > 2020-03-11 08:57 | Report Abuse

Yes, just hoping EPF will sell everything and get out of the way.

Posted by keithtrade > 2020-03-11 16:21 | Report Abuse

Yes EPF are often good at selling low and buying high!

Flintstones

1,762 posts

Posted by Flintstones > 2020-03-12 16:23 | Report Abuse

Icon stock going holland. In the long run, who’s right?

yongch

1,104 posts

Posted by yongch > 2020-03-12 17:09 | Report Abuse

Yes,will BUY back below 2.0!!!!TP1.70-1.90!!!

Happykoo

119 posts

Posted by Happykoo > 2020-03-12 20:45 | Report Abuse

OMG!!!continue drop tomorrow..

keonkx123

186 posts

Posted by keonkx123 > 2020-03-12 22:54 | Report Abuse

Drop till my eyes pain hahaha but nvm. Juz leave it there wait for it to rebound

GLNT

545 posts

Posted by GLNT > 2020-03-13 15:22 | Report Abuse

Hahaha. All the sellers please sell everything. EPF and big boys, all sell till there're no sellers. Thanks!!

GLNT

545 posts

Posted by GLNT > 2020-03-13 15:51 | Report Abuse

Let's have a 大洗牌,cleanse the counter of sellers. Thanks!

Happykoo

119 posts

Posted by Happykoo > 2020-03-18 16:12 | Report Abuse

Covid19 reach here? No body here? No comment??

laychee

1,743 posts

Posted by laychee > 2020-03-18 17:54 | Report Abuse

Although EPS still looks good, people now afraid of the coming recession... This recession may be the mother of all recessions.

Posted by charliecharlie > 2020-03-20 11:45 | Report Abuse

a lot of investor (well, at least those that I personally know...) are holding onto cash and waiting until 31 march for the next move..waiting to see how this MCO is going to affect the sentiments...and also, now not much movement in market, so, status quo for now.

GLNT

545 posts

Posted by GLNT > 2020-03-20 15:20 | Report Abuse

Sellers please sell more till nothing to sell!!!!

Posted by onlyhuat888 > 2020-03-22 17:11 | Report Abuse

cheap oil price ...nobody like peruduo every body want buy big CC car

Happykoo

119 posts

Posted by Happykoo > 2020-03-23 15:27 | Report Abuse

Holland stock.....1 month drop rm 1++ gosh....will continue drop... Tp rm 1.2

Picanto

74 posts

Posted by Picanto > 2020-03-24 17:43 | Report Abuse

Looks like 2.50 has a good support, EPF is buying as well

GLNT

545 posts

Posted by GLNT > 2020-03-24 21:22 | Report Abuse

Whole TIV down for Feb 2020 but Perodua keeps increasing. Continue gaining mkt share fr other brands

fishchu

64 posts

Posted by fishchu > 2020-03-25 02:19 | Report Abuse

now oil prices so cheap...don't know effect myvi sales ?

GLNT

545 posts

Posted by GLNT > 2020-03-25 07:51 | Report Abuse

no money to buy big cars, get affordable cars like Perodua lah

GLNT

545 posts

Posted by GLNT > 2020-03-25 08:11 | Report Abuse

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.

Posted by Richard Lee > 2020-03-25 14:58 | Report Abuse

one month lockdown how can you go out buy car?

GLNT

545 posts

Posted by GLNT > 2020-03-25 16:04 | Report Abuse

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.

hairy

59 posts

Posted by hairy > 2020-04-06 15:26 | Report Abuse

mahathir say covid19 no working need save money don't waste money buy luxury product

dex

493 posts

Posted by dex > 2020-04-10 17:34 | Report Abuse

Hard to predict. Price uncertain. Covid 19 + oil price = economy getting worst.

RainT

8,448 posts

Posted by RainT > 2020-04-11 15:01 | Report Abuse

all sector also bad

dont have crisis

then how to buy at bargain?

yfchong

5,743 posts

Posted by yfchong > 2020-04-11 17:11 | Report Abuse

See........lah later

Posted by TonsilBasher > 2020-04-21 22:39 | Report Abuse

Anybody wanna buy Myvi? haha

SuperPanda

11,413 posts

Posted by SuperPanda > 2020-04-29 11:55 | Report Abuse

bought 2.85 for future profit, this is IB and funds preferred stock during good times, buy now sure wont losing money

Agjl

5,528 posts

Posted by Agjl > 2020-04-30 10:32 | Report Abuse

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

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