Posted by Max2838 > 1 month ago | Report Abuse

In the first quarter of 2024, the GDP of the Philippines grew by 5.7% compared to the same period in the previous year. This growth was driven primarily by the financial and insurance activities sector, which grew by 10%, as well as the wholesale and retail trade, and the repair of motor vehicles and motorcycles sector, which expanded by 6.4%. The manufacturing sector also contributed with a growth of 4.5%.

We also have growth in Malaysia....more in traffic jams...

Posted by Waller > 1 month ago | Report Abuse

What is Paramon, neohts? new pokemon? 😆

Posted by Max2838 > 1 month ago | Report Abuse

Malaysia TIV (Total Industry Vehicles)
2023 (Feb-Apr) =190,244 vehicles
2024 (Feb-Apr) =193,333 vehicle
In Malaysia, number of cars sold in 4QFY24 are about the same as 4QFY23.
Likely similar revenue for BAuto of about RM 1B. for 4QFY24.

Posted by chemistry > 1 month ago | Report Abuse

Am quite worried about this year revenue/profit. I went to check figures from data.gov.my , sales of Mazda all models are plunging this year. From June-2023 till now, already can see the downtrend in revenue and profit, each quarter lower and lower.

Posted by SinGor > 1 month ago | Report Abuse

I think Qr results Out next week----let the numbers speak

Posted by Max2838 > 1 month ago | Report Abuse

Proton Edar Sdn Bhd chief executive officer Roslan Abdullah said May saw a return to positive growth as TIV increased both year-on-year and month-on-month basis, reflecting the resilience of the local automotive industry.

“With the cumulative TIV until May already making up 44.6 per cent of Malaysia Automotive Association (MAA)’s full-year projection of 740,000 units, we believe there is still room for growth in the local automotive industry,” he opined.

Posted by Max2838 > 1 month ago | Report Abuse

Malaysia’s TIV, which is estimated to have grown by 20.7% to about 70,000 units in May, and rose by 8.8% to 330,236 units year-to-date.

Proton has announced its car sales have gone up by 14% in May.
No news yet from Mazda, Perodua, Toyota, etc......

Posted by MalaysiaEquityGuide > 1 month ago | Report Abuse

https://www.youtube.com/watch?v=j_VcSpyFyzg

Posted by Max2838 > 1 month ago | Report Abuse

Tan Teng Boo @CapitalDynamics is optimistic on China, on EVs, on autonomous driving and on XPeng EV G6....
XPeng G6 to be launched soon.
BAuto is now on autonomous driving with one foot on the Forward gear (XPeng & Kia EVs) and another foot on the Reverse gear (Mazda SUVs).....

https://youtube.com/clip/UgkxVuCpjVSkBcItQI48vyIMD4qYsOvJxEwC?si=vnBHRf3Q-ksGQU14

Posted by SinGor > 1 month ago | Report Abuse

Manila and Bangkok traffic Jam remain the same even petrol price is much higher than KL---Maybe some knee
jerk effect but those that can afford Mazda are quite rich to start with---maybe Axia demand might drop

Posted by SinGor > 1 month ago | Report Abuse

11.75 sen Dividend this Qr

Posted by SinGor > 1 month ago | Report Abuse

according to management, last year, Big rush to beat SST---inflated revenue & profit

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

This is my dividend staples. 13% yield based on cost price.

Posted by weixuan0325 > 1 month ago | Report Abuse

even yoy decrease -10% it's still considered an outstanding quarter result...

Posted by weixuan0325 > 1 month ago | Report Abuse

qoq increase +27% all time high PAT and revenue for year 2024...

Posted by Max2838 > 1 month ago | Report Abuse

BAuto results better than expected….
Gross Profits FY24 vs FY23….
Malaysia +30M or up 9%
Philippines +30M or up 97%
Associates(Inokom) +11M up 28%

Overall Net Profits +50.5 M or up 15%
Dividend per year at 26 sen is better than last year 22 sen

Let it ride….FY25 will be electrifying as fuel price n inflation heats up….

Posted by Max2838 > 1 month ago | Report Abuse

BAuto FY25 drivers....
√ Philippine car sales
√ Kia Electrics
√ XPeng Electrics
√ Mazda Hybrids

Positive Economic transformation starts in Malaysia....
√ Diesel n Petrol price increase Jun 2024- June 2025
√ Consumption, car sales, traffic jams, parking rates, etc. will also increase....

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

Targeted fuel subsidies may drive demand for affordable EVs, potentially increasing hybrid and EV adoption in Malaysia. Xpeng G6 to be launched in August.

Posted by Waller > 1 month ago | Report Abuse

Nice, Bauto hits all time high today 🔥
https://theedgemalaysia.com/node/715122

Posted by JackTan1217 > 1 month ago | Report Abuse

Management give bad outlook... Time to run

Posted by serbatipu > 1 month ago | Report Abuse

Looks like dividends 11.75 not that attractive

Posted by cwc1981 > 1 month ago | Report Abuse

Not dividend not attractive. Ppl worry competition and high fuel price

Posted by cwc1981 > 1 month ago | Report Abuse

The management also give pessimistic opinion

Posted by neohts > 1 month ago | Report Abuse

A lot of people still have no confidence in EV car in Malaysia. Charging may be a big issues. Peruduo also coming up with local EV car which is a lot cheaper. It will take a least 3 years to get people confident

Posted by chopstick > 1 month ago | Report Abuse

no second hand value

Posted by Max2838 > 1 month ago | Report Abuse

Malaysia has aimed for EVs to account for 15% of the total industry volume (TIV) by 2030 and 80% by 2050.
Very unlikely can achieve such targets, probably only 15%.....
Consumers have given up on EVs in USA.....only in California
https://www.youtube.com/watch?v=OprBrJ2qrnM

Posted by diuleiloumei > 1 month ago | Report Abuse

Kemon bauto, should your true potential

Posted by limch > 1 month ago | Report Abuse

High fuel(diesel) price means less car sales in future?

Posted by SinGor > 1 month ago | Report Abuse

Madza used RON 97---no subsidy at all but sales never drop post Covid

Posted by Waller > 1 month ago | Report Abuse

High fuel price means more EV car sales in future? 😁

Posted by SinGor > 1 month ago | Report Abuse

Madza CX30 has a very interesting Drive system. A combination of EV and rotary engin
( petrol ) that generate Electricity to charge EV Drive section---Rotary Drive in 70's
are used to Drive Madza Rally Car

Posted by Max2838 > 3 weeks ago | Report Abuse

Bermaz can also initiate an EV production plant of XPeng G6 EVs for exports to US , EU n Asia?

https://www.reuters.com/markets/chinese-companies-seek-assurances-malaysia-avoiding-us-tariffs-ft-reports-2024-06-25/

Posted by Max2838 > 3 weeks ago | Report Abuse

China can help Malaysia with EV plants startups…

When it comes to Malaysia's transportation sector, electrification is no doubt the most viable way to decarbonise and help the country achieve its net zero goals by 2050. This will be especially impactful with the electrification of fleet vehicles as well as public transportation.

XPeng can also be an investor in Bermaz, just as VW invests in Rivian….
https://www.cnbc.com/2024/06/25/volkswagen-rivian-stake.html

Posted by diuleiloumei > 3 weeks ago | Report Abuse

Sell, cannot jalan punya

Posted by Hatiharihari > 2 weeks ago | Report Abuse

BAUTO remains RHB’s top pick due to its approximately 9% dividend yield and resilient car sales compared to other marques

Posted by Waller > 2 weeks ago | Report Abuse

Don't miss out the special dividend 😉

Posted by SinGor > 2 weeks ago | Report Abuse

Tabung Haji silently bought 5%,

Posted by serbatipu > 1 week ago | Report Abuse

Cannot break one la

Posted by weixuan0325 > 1 week ago | Report Abuse

Tabung Haji is one of the substantial shareholder since years ago now they are acquiring more shares in this counter...

Posted by SinGor > 1 week ago | Report Abuse

weixuan0325
Tabung Haji is one of the substantial shareholder since years ago now they are acquiring more shares in this counter...
_______________________________

Dont give "Uncheck Info"---2023 Annual Report ---Tabung Haji is NOT listed even in TOP 30 shareholders
the lowest Top of TOP 30 shareholders is 6.7mil shares----How many shares are TBH holding today ( 59.7mil )

Posted by UncleFollower > 1 week ago | Report Abuse

How is BAuto doing so well? Amazing. No threats from Tesla and Proton EV?

Posted by SinGor > 1 week ago | Report Abuse

you never owned a Tesla so you donT know "Real EV Problem"---In China if a Tesla breaks down, Repair Cost
is most likely 50--60% Car cost----After 7years, No resell Value ( Myvi resell value after 7yrs is around 60% cost )

Posted by SinGor > 1 week ago | Report Abuse

you might ask sure or not 50--60% of repair cost for Tesla is Battery problem---I am very sure bcos EV is One Giant Battery, 90% problem is Battery problem ( cannot be repaired )

Posted by weixuan0325 > 1 week ago | Report Abuse

SinGor
Tabung Haji silently bought 5%,
_______________________________

Don't provide ''Misleading Info'' --- Tabung Haji already held 4.9% - 5.0% of shares since 2022...Perhaps I should say shareholder instead of substiantial shareholder? lol

Posted by SinGor > 1 week ago | Report Abuse

weixuan0325
SinGor
Tabung Haji silently bought 5%,
_______________________________

How TBH bought 5% of Bauto? 2021 Annual Report "No TBH holding"---AR 2023 "No TBH Holding"
So all 59mil shares are bought in 2024------How can TBH "made" management to hide shares holdings while
EPF holdings are all Listed in Annual Report????????????????????????????????????????????

Posted by Hatiharihari > 1 week ago | Report Abuse

Hitting 52-weeks high price today 🔥🔥

Posted by SinGor > 1 week ago | Report Abuse

look like TBH bought around 2.20--2.40--2.58 ( given THB spending capacity And EPF releasing slowly---both
GLC are locking into Bauto Dividend ) For TBH to make Good money, they have to push price beyond 3.50
to "sell for Cap gain" ( atleast 30% cap gain )

Posted by Waller > 6 days ago | Report Abuse

Go green, go EV
https://www.ledgerinsights.com/honda-mazda-nissan-complete-1st-phase-of-web3-global-battery-passport-mvp/

Posted by SinGor > 6 days ago | Report Abuse

Come Sept, foreign fund will flood Malaysia ( re-rated by JP Morgan )---Foreign Fund are no longer buying
Dow stocks Even Powell Drop interest Rate---2 reasons, One: USA, 35 Trillion Debt and BRICS New Currency

Posted by Hatiharihari > 4 hours ago | Report Abuse

MAA raises car sales forecast for 2024 following strong 1H volume. https://theedgemalaysia.com/node/719194