Posted by Max2838 > 2 months 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 > 2 months 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 > 2 months 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 > 2 months ago | Report Abuse

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

Posted by JackTan1217 > 2 months ago | Report Abuse

Management give bad outlook... Time to run

Posted by serbatipu > 2 months ago | Report Abuse

Looks like dividends 11.75 not that attractive

Posted by cwc1981 > 2 months ago | Report Abuse

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

Posted by cwc1981 > 2 months ago | Report Abuse

The management also give pessimistic opinion

Posted by neohts > 2 months 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 > 2 months ago | Report Abuse

no second hand value

Posted by Max2838 > 2 months 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 > 2 months ago | Report Abuse

Kemon bauto, should your true potential

Posted by limch > 2 months ago | Report Abuse

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

Posted by SinGor > 2 months ago | Report Abuse

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

Posted by Waller > 2 months ago | Report Abuse

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

Posted by SinGor > 2 months 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 > 2 months 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 > 2 months 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 > 2 months ago | Report Abuse

Sell, cannot jalan punya

Posted by Hatiharihari > 2 months 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 > 1 month ago | Report Abuse

Don't miss out the special dividend 😉

Posted by SinGor > 1 month ago | Report Abuse

Tabung Haji silently bought 5%,

Posted by serbatipu > 1 month ago | Report Abuse

Cannot break one la

Posted by weixuan0325 > 1 month 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 month 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 month ago | Report Abuse

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

Posted by SinGor > 1 month 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 month 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 month 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 month 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 month ago | Report Abuse

Hitting 52-weeks high price today 🔥🔥

Posted by SinGor > 1 month 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 > 1 month 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 > 1 month 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 > 1 month ago | Report Abuse

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

Posted by Waller > 1 month ago | Report Abuse

One good news, we will receive a dividend from Bauto next Friday 😋

Posted by neohts > 1 month ago | Report Abuse

Later Price drop more than Dividend.

Posted by Waller > 1 month ago | Report Abuse

Logo changed 😆

https://www.motor1.com/news/728034/mazda-new-logo-design/

Posted by Hatiharihari > 1 month ago | Report Abuse

Not that nice ... I like the old logo

Posted by neohts > 4 weeks ago | Report Abuse

https://theedgemalaysia.com/node/721544

Proton eyes end-2024 release of its first EV model

Proton and Perodua also coming up with EV model less than RM100K. affordable price.

Posted by SinGor > 3 weeks ago | Report Abuse

USA cutting Rate in Sept is Good for Car Industries in Malaysia---Bank Negara Cannot raise Rate any time soon

Posted by geary > 3 weeks ago | Report Abuse

BAUTO Monthly Pivot Points Momentum!
S1: 2.30(Added... Average Cost: @2.00).
PIVOT: 2.45.
R1: 2.58.
Disclaimer: Hold/Trade at your own Risk.
DY/BY Portfolio.

Posted by Hatiharihari > 3 weeks ago | Report Abuse

Mazda Motor Corporation announced its first quarter financial and sales results, reporting global sales of 309,000 vehicles during the period 1 April to 30 June 2024, at the same level as the last fiscal year

https://www.insidemazda.co.uk/2024/08/07/mazda-reports-strong-sales-growth-in-q1/

Posted by iscmob > 2 weeks ago | Report Abuse

Xpeng coming
https://paultan.org/2024/08/12/xpeng-g6-malaysia-estimated-pricing-rm175k-for-standard-rm195k-for-long-range-launch-end-august/

Posted by Hatiharihari > 2 weeks ago | Report Abuse

It's more expensive than BYD ..

Posted by SinGor > 1 week ago | Report Abuse

stronger ringgit, Cheaper spare parts from Japan and Korea ( even China---some Madza parts are from China)

Posted by neohts > 1 week ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/08/22/vehicle-sales-expected-to-be-lower-in-second-half-of-this-year

Posted by Waller > 4 days ago | Report Abuse

Bermaz Auto introduces XPeng G6 and the price range is at around RM165,000 to RM185,000 — the same price bracket as the BYD Atto 3 and Tesla Model Y.

https://theedgemalaysia.com/node/724445

Posted by iscmob > 3 days ago | Report Abuse

Review of XPeng G6:
https://youtu.be/P7H4illtmhI

Posted by Hatiharihari > 1 day ago | Report Abuse

This Xpeng G6 will surely boost Bauto's FY2025 revenue