Posted by rchi > 2023-08-24 17:55 | Report Abuse

come come,make your offer for mbmr's perodua stake

Posted by rchi > 2023-08-24 17:58 | Report Abuse

umw nta is rm3.73 n sime offered rm5,how much will sime offer for nta rm 5.32 of mbmr ?

Posted by Mc_Wei > 2023-08-24 18:05 | Report Abuse

PNB own 10%, UMW own 38%. These two combine not enough to get 50%. Still need MBMR's share. The rest own by Japanese.

Posted by cheeseburger > 2023-08-24 18:26 | Report Abuse

the offer shall not below rm7.13 to MBMR.

Posted by rchi > 2023-08-24 18:42 | Report Abuse

https://www.orientaldaily.com.my/news/business/2023/08/24/591371

Posted by rchi > 2023-08-24 18:43 | Report Abuse

PMX's madani govt knows how to unlock value n create wealth .Bravo.

Posted by planta2 > 2023-08-24 21:13 | Report Abuse

Part of perodua success is due to umw. Without umw can perodua still be so competitive?

Posted by Hush77 > 2023-08-24 22:18 | Report Abuse

Mbmr is super undervalued and good dividend..
The key if sime darby wants to takeover perodua is actually mbmr stake in perodua..
So that stake is valuable...

Posted by MichelleNg > 2023-08-24 22:26 | Report Abuse

Tomorrow rm5?

Posted by DividendGuy67 > 2023-08-24 22:27 | Report Abuse

4.07 close. 4.5 intraday high. Nice. Net cash grows. Super high dividend yield. Excellent business. Look forward to selling a little bit each time on strength.

Posted by cheeseburger > 2023-08-24 23:29 | Report Abuse

all this a good news to automotive industry. Perodua is very strong local player will contribute positively to Sime balance sheet.

Posted by cheeseburger > 2023-08-24 23:31 | Report Abuse

you hold share in mbmr, indirectly you hold share in perodua.

Posted by JackTan1217 > 2023-08-25 01:52 | Report Abuse

Potential candidates for take over offer also?

Posted by ChloeTai > 2023-08-25 06:04 | Report Abuse

Dear anyone MBMR investor, can anyone please explain to me why you all are chasing after MBMR (I know it is 20% of Perodua).

Posted by ChloeTai > 2023-08-25 06:28 | Report Abuse

UMW has 38% stake in Perodua. UMW is taken over by SIME. That is all I know.

Posted by SincereStock > 2023-08-25 08:52 | Report Abuse

@chloetai the answer to your question is just right above your question

Posted by SincereStock > 2023-08-25 09:08 | Report Abuse

low volume at low price, ada orang sengaja press down the price

Posted by cheeseburger > 2023-08-25 09:40 | Report Abuse

let it press, there are more ppl waiting to buy.

Posted by 1lottrade > 2023-08-25 09:58 | Report Abuse

The 20% in Perodua worth alot of money. Sime needs the 20% to form majority and make Perodua its subsidiary before it can proceed to list it. Question now is need to wait for how long for Sime to make an offer. Can take months or few years. Need to settle UMW's debt first.

Posted by cheeseburger > 2023-08-25 10:02 | Report Abuse

it will not few years. Just few months. If you are Sime you have transact that much of money you wont wait that long also. UMW business is huge profitable, Toyota and Perodua already capture over 50% of car market.

Posted by rchi > 2023-08-25 10:19 | Report Abuse

Lets go 4.5 first

Posted by rchi > 2023-08-25 10:22 | Report Abuse

no. of shares outstanding
umw 1168 mil vs mbmr 391 mil
Nta umw 3.73 vs mbmr 5.32

Holding of perodua umw 38% vs mbmr 20 %

Posted by rchi > 2023-08-25 10:22 | Report Abuse

mbmr is 3 times more easy to push up than umw

Posted by rchi > 2023-08-25 10:34 | Report Abuse

To merge perodua with its other auto biz sime needs the remaining perodua sholders to agree.Lets see what sime offer to mbmr and the japs.

Mc_Wei

PNB own 10%, UMW own 38%. These two combine not enough to get 50%. Still need MBMR's share. The rest own by Japanese.

Posted by rchi > 2023-08-25 10:35 | Report Abuse

Sime's offer has to be attractive to entice.

Posted by rchi > 2023-08-25 10:39 | Report Abuse

Sime may form a co n inject all auto bz into it,as well as its perodua stake.They may offer shares in this co to remaining perodua sholders for their stake.Then mbmr will have a listed co with perodua n other sime auto bz.

Posted by rchi > 2023-08-25 10:40 | Report Abuse

Without mbmr n other perodua stake holders agreement,the scheme cant proceed.Thus sime will have to make a very attractive offer .

Posted by rchi > 2023-08-25 10:43 | Report Abuse

As to how attractive,mbmr's nta of RM5.32 is a guide.

Posted by rchi > 2023-08-25 10:48 | Report Abuse

If sime succeeds,newco will likely be included in KLCI.

Posted by goldenhope > 2023-08-25 10:58 | Report Abuse

Remember 2018, UMW did offer to buyout MBMR at RM2.56

Posted by goldenhope > 2023-08-25 11:05 | Report Abuse

At the end of the fiscal year 2022, the net assets of Perusahaan Otomobil Kedua (Perodua) Sdn Bhd amounted to around RM5.72 billion.

Posted by rchi > 2023-08-25 11:06 | Report Abuse

toto jackpot is so impossible to kena,yet punters line up to buy..

Posted by rchi > 2023-08-25 11:09 | Report Abuse

rcecap nta 1.07,now trades at 2.34...hope that explains

Posted by SincereStock > 2023-08-25 11:31 | Report Abuse

@rchi what to do with rcecap? not even the same bidang, many other counters also traded above NTA

Posted by rchi > 2023-08-25 11:36 | Report Abuse

exactly,i mean perodua is worth much much more than 5.72 bil

goldenhope

At the end of the fiscal year 2022, the net assets of Perusahaan Otomobil Kedua (Perodua) Sdn Bhd amounted to around RM5.72 billion.

Posted by sasword > 2023-08-25 12:09 |

Post removed.Why?

Posted by cheeseburger > 2023-08-25 12:41 | Report Abuse

hold tight

Posted by James_Bond > 2023-08-25 15:04 | Report Abuse

Let’s push up Bros and sisters! Cheers!

Posted by probability > 2023-08-26 14:10 | Report Abuse

can someone do a very conservative valuation of MBMR purely based on FY2023 earnings of Perodua (at 20% stake) with the same PER valuation given to UMW by SIME?

i could not find out what exactly was Perodua's earnings for last year

https://www.statista.com/statistics/949523/perodua-profit/

https://theedgemalaysia.com/node/680129

It noted that the offer values UMW at 13.3 times financial year 2024 (FY2024) price-to-earnings ratio, which is at a slight premium to UMW’s five-year historical mean of 12.9 times and at 1.3 times FY2023’s book value.

Posted by probability > 2023-08-26 16:03 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/21/bmi-revises-upward-vehicle-sales-forecast-in-malaysia-for-2023

Posted by Hush77 > 2023-08-26 16:18 | Report Abuse

Can relax first..hold till its true value.
Meanwhile can take that good special dividend every year..
While wait for someone to GO or offer mbmr for its valuable 20% stake in perodua..
No hurry to sell or delist such an undervalue company like mbmr....

Posted by SincereStock > 2023-08-27 22:04 | Report Abuse

hit privatisation is the fastest and easiest way (no need to predict target price / peak) to make profit in stock market. there are plenty of other undervalue stock out there, why want to stick long to 1 stock? only hold when required

Posted by rohank71 > 2023-08-28 03:50 | Report Abuse

Too complicated to privatise. Major shareholder ie medbumi consist of mara and 6 families. Mara has only 30%. The 6 family happy with DV payout. So who want to privatise MBM unless from outside with HIGH premium so the 6 families can enjoy life.

Posted by rohank71 > 2023-08-28 03:52 | Report Abuse

That's why always undervalued. Logically it should be 6.00 now but with good DV payout it somewhat compensate the problem. Jewel is the 22% in P2 worth 2.5B.

Posted by rohank71 > 2023-08-28 03:54 | Report Abuse

So hold tight once sime done the deal with UMW, sime will need MBM to have control of P2.

Posted by planta2 > 2023-08-28 08:05 | Report Abuse

Our shares now very valuable. Don’t sell at undervalue price

Posted by James_Bond > 2023-08-28 09:29 | Report Abuse

I’m collecting… muhahaha…

Posted by James_Bond > 2023-08-28 09:36 | Report Abuse

MBMR NTA 5.32, net cash company (0.73 cash per share), ROE 11 coming with whopping dividend of 13%! Buy and hold at peace of mind! Cheers!

Posted by James_Bond > 2023-08-28 09:38 | Report Abuse

How to bring a country up and stand up high among all those developed nations? Easy, it starts from automotive manufacturing and moves to high tech industries! That’s what PM is planning and implementing now!

Posted by James_Bond > 2023-08-28 11:06 | Report Abuse

Come on sell to papa… haha…