Posted by keithtrade > 2021-01-27 13:57 | Report Abuse

A real bargain at current price!

Posted by keithtrade > 2021-01-27 13:58 | Report Abuse

PE 9.5 and a Yield 6.9% what more could you ask for.

Posted by Woodswater > 2021-02-03 14:03 | Report Abuse

https://paultan.org/2021/02/03/peroduas-2021-sales-target-set-at-240k-9-up-from-2020-sales-aims-to-purchase-rm6-5b-of-local-parts/

Posted by minajesty > 2021-02-12 04:17 | Report Abuse

Perodua should get into the EV industry. Its the future. Imagine them making affordable EV cars, definitely sales can go global!

Posted by flippiwippi > 2021-02-13 12:51 | Report Abuse

I would agree with that. I think at one point, they will pivot to EV instead of just EEV. Just need our gov to wake up and embrace EV

Posted by minajesty > 2021-02-13 13:43 | Report Abuse

@flippiwippi Their "at one point" is probably too late already. GM is spending billions in R&D to come up with EV cars. Apple is in talks to make EV cars. Many companies have already began production of EV cars. Perodua? By the time they come up with an EV car, the industry is prolly dominated already. Whats the point then?

Posted by minajesty > 2021-02-13 13:45 | Report Abuse

Someone needs to call up their Investor Relation and ask them to do something. Malaysian companies always lack innovation. Cant come up with new things at all.

Posted by woodtiger > 2021-02-19 16:57 | Report Abuse

new suv open for booking estimate price frm rm 62k , right pricing


https://paultan.org/2021/02/19/official-2021-perodua-d55l-suv-open-for-booking-1-0t-cvt-asa-3-0-lka-acc-3-variants-from-rm62-5k/?utm_source=featuredpostsdesktop-official-2021-perodua-d55l-suv-open-for-booking-1-0t-cvt-asa-3-0-lka-acc-3-variants-from-rm62-5k&utm_medium=internallinks&utm_campaign=internallinks

Posted by PGOne (Pure Goreng One) > 2021-02-20 02:05 | Report Abuse

I sold all my perodua shares after seeing msian will be driving tesla/apple/samsung ev car in future

Posted by OperationMoneyball > 2021-02-23 14:53 | Report Abuse

Quite a jump, something brewing?

Posted by kens88 > 2021-02-24 11:50 | Report Abuse

They don't have to be pioneer. Once eV mature, they could buy an eV platform without spending billions of rnd. And then sell at competitive price like now.

Perodua didn't invent the car. But the roads full of myvi. So not necessarily they need to be the first in eV as well

Posted by keithtrade > 2021-02-24 18:34 | Report Abuse

I agree 100%

Correct strategy for company of that size

Posted by flippiwippi > 2021-02-24 22:26 | Report Abuse

Ditanya mengenai pembangunan kereta elektrik (EV), Zainal Abidin berkata, Perodua akan melihat objektifnya dari segi alam sekitar atau teknologi terlebih dahulu berdasarkan perkembangan sektor automotif negara.

Beliau menjelaskan, perkara itu akan dibincangkan dengan kerajaan memandangkan ia memerlukan ekosistem khusus serta hala tuju yang betul

https://www.hmetro.com.my/node/677871/amp

Posted by huat8787 > 2021-02-25 19:25 | Report Abuse

Good

Posted by Bamboo Green > 2021-02-25 19:30 | Report Abuse

Good results

Posted by Bamboo Green > 2021-02-25 19:36 | Report Abuse

On the way back to RM4

Posted by megatti_maf > 2021-02-25 20:12 | Report Abuse

to the moon!

Posted by OperationMoneyball > 2021-02-25 21:02 | Report Abuse

Gonna be super day tomorrow

Posted by OperationMoneyball > 2021-02-26 09:38 | Report Abuse

looks like catapulting at the moment to gly high later

Posted by andr > 2021-02-26 10:37 | Report Abuse

BBB

Posted by davidong > 2021-03-02 09:21 | Report Abuse

moving up?

Posted by davidong > 2021-03-02 09:37 | Report Abuse

turbo charge pls

Posted by woodtiger > 2021-03-02 15:46 | Report Abuse

information sharing

rocky / raise = ativa is the no.2 top selling car in japan 2020.

very strong presence in japan . believe will do well in malaysia , lot of surprise expected frm his car


https://car-mo.jp/mag/category/news/market/202012/

Posted by woodtiger > 2021-03-02 15:49 | Report Abuse

japanses wording , may use google setting to translate

Posted by Bamboo Green > 2021-03-03 23:30 | Report Abuse

Thanks for sharing woodtiger.

By the way, I know someone carries the same name as yours, he plays golf...... lol

Posted by Bamboo Green > 2021-03-03 23:31 | Report Abuse

Seem like EPF buy & sell everywhere & all the time

Posted by OperationMoneyball > 2021-03-04 09:27 | Report Abuse

liking the performance. Daily increment of 2-3 sen. Building up to 11 march?

Posted by flippiwippi > 2021-03-04 09:48 | Report Abuse

Maybe investors are excited about the Ativa launching last night.

Posted by keithtrade > 2021-03-05 12:23 | Report Abuse

Yes assuming no Covid cases in the factories this should be over Rm 4.00 within 6 months from now.

Posted by Woodswater > 2021-03-06 10:09 | Report Abuse

https://www.sinchew.com.my/content/content_2437547.html

TP RM 10
Wakakakaka

Posted by mita29 > 2021-03-10 16:06 | Report Abuse

Positives: Net Cash, Low PE, Ativa, Uptrend chart, Recovery Theme, High div yield, High NTA, etc

Negative: Brand

Posted by keithtrade > 2021-03-10 19:56 | Report Abuse

Biggest Market Share in Malaysia

Posted by keithtrade > 2021-03-10 19:59 | Report Abuse

41.6% of total car sales in Malaysia for 2020 is quite an achievement.

Posted by whycanot > 2021-03-11 09:28 | Report Abuse

i thought PECCA biggest customer is proton and perodua, why pecca price going so high, but mbmr is not really moving ??? huh ???

Posted by ValueInvesting > 2021-03-11 14:49 | Report Abuse

MBMR is the perfect share to buy for a value investor as it has:-

1. Consistent and strong earnings for the past decades even during the challenging year 2020;
2. 22.6% holding in Perodua which has been the Malaysian market leader for a decade now and there is little to no risk of it being overtaken by its competitors especially in the RM20k-70k market segment. High sales volume also equate to recurrent income stream from auto servicing and accessories sales (Proton-Geely has potential but it still can't even get the most basic things such as spare parts, after sales and car production in order. Anyway the X70/X50 SUVs are in a different market segment from Perodua and do not take away Perodua sales) Must also be noted that after Toyota had fully acquired Daihatsu in Japan, this has allowed Daihatsu, and indirectly Perodua, access to Toyota's latest techs including their class leading hybrid tech and upcoming EV tech. The DNGA platform (which is developed by Daihatsu on top of the TNGA platform) used in the Toyota Raize, Daihatsu Rocky and now Perodua Ativa siblings is a great example of this mutually beneficial synergistic relationship. The future of Perodua is bright!;
3. 51% holding in Autoliv Hirotako which is the Malaysian market leader in manufacturing safety restraint systems (seat belts, airbags and steering wheels);
4. Not to be overlooked, it also owns Daihatsu distributorship which mainly sells commercial vehicles, and Federal Auto Holding Bhd, which is one of the most established Volvo and Volkswagen dealerships in Malaysia. These are profitable subsidiaries which provides a diversified income stream to MBMR; and
5. P.E. ratio of 8x (lowest among UMW (16.2x), Bauto (13.4x) and loss making TCHONG & DRBHICOM), Net cash position of 66.2sen/share and a competent management team that has implemented a 60% dividend payout policy.

Having said that, I think that currently MBMR is more suited for long term investing and not short term goreng. Unless the Perodua Ativa gets record breaking sales these coming months (which it might, still has potential), I don't think MBMR will move up much in the next few quarters. The global automotive chip shortage issue will limit the production of Perodua, Volvo and VW cars in the short term, which in turn directly limits the profits of MBMR. Nevertheless, based on Hong Leong's analyst report, MBMR's management remains confident that Perodua will be able to overcome this issue and still hit its target of 240k sales for 2021, and the management of Perodua has a long track record of hitting or surpassing its sales target.

As a long term investor, the fact that no big kaki come goreng this share means I have more time to accumulate funds to buy more of MBMR while enjoying around 5% dividend yield per annum (much higher than any fixed income asset can offer right now).

Posted by keithtrade > 2021-03-12 15:41 | Report Abuse

Very good analysis above, Thanks.

Also went ex dividend yesterday so thats 6 sen more to add so share price in real terms still on the up.

Posted by RaksasaKambing > 2021-03-12 21:14 | Report Abuse

bought some MBMR a few weeks ago, looking to top up if the price is right. unrealized value

Posted by keonkx123 > 2021-03-31 10:12 | Report Abuse

Please let me sell all at rm4

Posted by Bamboo Green > 2021-03-31 23:46 | Report Abuse

Good quality comment by ValueInvesting, thumbs up!

Posted by Kengor > 2021-04-01 09:48 | Report Abuse

anyone using rakuten? haven't receive dividend....

Posted by RaksasaKambing > 2021-04-01 17:37 | Report Abuse

@Kengor Yeah mine also not in yet. Wait a while longer I guess.

In the meantime guys, some news: https://paultan.org/2021/04/01/perodua-q1-2021-sales-increase-29-to-almost-58k-4345-units-of-the-ativa-delivered-in-less-than-a-month/

Good news for MBMR

Posted by ValueInvesting > 2021-04-01 17:55 | Report Abuse

I am using Hong Leong E-Broking and have received my dividend payment on 30th March 2021.

Indeed the Q1 sales figures reported by Perodua is truly incredible and with 14,574 bookings for the Ativa to-date, MBMR is basically guaranteed to do well for the whole financial year! Only regret now is not buying more lah. Tomorrow should be a super green day for MBMR!

Posted by woodtiger > 2021-04-01 17:58 | Report Abuse

as forecast doing well

https://www.theedgemarkets.com/node/561467


still holding

Posted by Stock Kingdom > 2021-04-01 23:16 | Report Abuse

Good counter, worth to compared this way

downside = limited, less than 10%
Upside = potential 20% if market revalue it to RM4

Posted by RaksasaKambing > 2021-04-02 06:47 | Report Abuse

@Valueinvesting They are churning out about 4,000 Ativa a month, at this rate by end of June there will be more on the road than X50 although it had a four month start. That's before we even talk about after-sales service. I decided to take profit on DRB and buy more MBMR--besides capital gains you also have steady dividends.

Another interesting counter to watch is Bermaz Auto. They did a good job with Mazda marque and now just secured Kia. Kia had been horribly managed by Naza up to this, really spoil the brand. Good cars, excellent value and suitable for Malaysian tastes but their after-sale service was horrible. Got potential there.

Posted by keithtrade > 2021-04-02 09:10 | Report Abuse

MBMR is a buy at current price with PE of 8.2 and yield of 6.5% there is great potential

Posted by keonkx123 > 2021-04-02 09:36 | Report Abuse

All the good news but this counter not moving an inch.. i wonder why haiz. I have been holding it

Posted by keonkx123 > 2021-04-02 09:37 | Report Abuse

and averaging down down it since mco 1.0

Posted by keonkx123 > 2021-04-02 12:05 | Report Abuse

I guess i know why this counter isnt moving. About 70% of the shares are held by institutional

Posted by keonkx123 > 2021-04-02 12:05 | Report Abuse

And private companies, general public only have access to 20% of the shares...