1) For Year 2014 Consumers Are Turning To Cheaper Cars Because of Higher Cost of living due to many price increases like petrol, sugar, electricity, gst, toll & assessment rates. As such both Proton & Perodua will benefit for being "bread & butter" cars.
2) EPMB Will Benefit BECAUSE EPMB Supplies Automotive Parts To Both Proton & Perodua Cars. Expect revenue & profit to rise.
3) Perodua Is Doing Strong Promotion For Its Small MPV Called Perodua Alza. Expect Sales To Excel Due To Its Cheaper Price Against All Competition. So EPMB Should Excel also.
4) Other EPMB Intrinsic Values Are - High NTA of over RM2.00. Low P/E & Give Consistent Dividends 3 Times A Year!
Going Forward, EPMB Is Doing Even Better In Bad Times.
Sales of No-Frills Car Is Surging Through All Europe. Dacia the cheapest car - sales surged 21.1% in Europe due to recession and hard times. If you cannot afford a luxury car in hard times you can still buy a cheap no-frill car in travelling from Point A to point B. This is the new trend in economic downturn.
I think Perodua & Proton - shunned by the wealthy in better times will be embraced once again in bad times for economic reason. As bread and butter cars - their sales might even go up. So EPMB should do well.
EXTRA GOOD NEWS FOR EPMB THAT ANALYSTS OVERLOOKED!
The recent NAP Announcement That Malaysia will increase production of 650,000 cars to over 1 million units like Thailand & Indonesia by Year 2020 - both for domestic car sales & export will greatly benefit EPMB.
Because EPMB IS THE NUMBER SUPPLIER OF NEW CAR PARTS TO PERODUA, PROTON, TOYOTA, HONDA & OTHER CAR MANUFACTURERS IN MALAYSIA.
Will the DOWS drop of 320 pts trigger cheap sales here ? Main reason bing a drop in China export index first time in the 13th year and its listed cos in us stock market having accounting problems involved with major accounting firms that had been suspended pending appeal in court . Hope it has been factored in the last Friday closing prices or else the consequences will be far reaching and difficult to fathom.
Major plastic use for epmb pp+tarc20%.......not pe.......New perodua car launching viva.....Permintex sdn bhd got it........proton xxx delloyd bhd got it.......
Even I wont put a single cents in epmb at this very moment......b frankly at the end of the day encik hamidon still the only Mxxxy Man that I respect in Malaysia automotive industry. .. god bless epmb
ken: i did bought EPMB thanks to Calvin Tan .. also Mulpha...... where ever Calvin Tan goes - not all, but some I found interesting .. AyamTua is there... must go where Calvin goes
MASTELL accurate by Calvin Tan Mulpha accurate by Calvin Tan Opcom accurate by Calvin Tan
Most loved by all? PMCORP ... also by calvin tan !
SHAH ALAM: EP Manufacturing Bhd (EPMB), a tier-1 automotive systems and components manufacturer, has secured a contract to supply automotive components to Honda Malaysia Sdn Bhd (HMSB).
EPMB has invested up to RM27 million in new plant and equipment.
In a statement today, executive chairman Hamidon Abdullah said EPMB is pleased to have expanded its customer base, to include HMSB.
"HMSB is one of the top five automakers in Malaysia and a strong brand in the global automotive industry.
"This new contract is a testament to EPMB’s capability as a tier-1 automotive component supplier," he added.
Meanwhile, the new relationship between EPMB and HMSB is a good platform for the Group to showcase its expertise.
The statement said that EPMB was looking forward to working with new automakers, as the automotive industry sees an emergence of new players and models, due to stiffer competition from market liberalisation which will drive car prices down.-- Bernama
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Triple Ace
9 posts
Posted by Triple Ace > 2012-10-11 12:24 | Report Abuse
Hi All,
Any news for this counter?
look like very slow moving