BERMAZ AUTO BERHAD

KLSE (MYR): BAUTO (5248)

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Last Price

2.62

Today's Change

+0.04 (1.55%)

Day's Change

2.58 - 2.62

Trading Volume

4,255,500


14 people like this.

4,675 comment(s). Last comment by SinGor 2 days ago

healme

292 posts

Posted by healme > 2014-01-20 09:49 | Report Abuse

there i told you...1.81...near to 1.83 la....

silver

142 posts

Posted by silver > 2014-01-20 12:01 | Report Abuse

Sellers outnumbered buyers 1M to 400k. It will gradually Decline towards mid week amid Shares Over-Bought last thursday.

healme

292 posts

Posted by healme > 2014-01-20 12:17 | Report Abuse

up up up and away....

Invest123

1,597 posts

Posted by Invest123 > 2014-01-20 12:51 | Report Abuse

Up .........................................

skyhawk

4,453 posts

Posted by skyhawk > 2014-01-20 13:15 | Report Abuse

Invest123...agreed with you.From now on more upwards price action is expected...Cheers !!!

Richmond

72 posts

Posted by Richmond > 2014-01-20 13:54 | Report Abuse

At market circumstances now, current price will be tough to hold.

Most will feel it by mid week.....we'll see how it will fare by mid week then.

silver

142 posts

Posted by silver > 2014-01-20 14:03 | Report Abuse

Fully understand Richmond. No Fundamentals means No gain.

Simply Basic Principle. To achieve high yield or return, one has to prove with Earnings Record.

silver

142 posts

Posted by silver > 2014-01-20 14:05 | Report Abuse

Mid week target @1.72-1.75

healme

292 posts

Posted by healme > 2014-01-20 14:08 | Report Abuse

Hold On...by Wilson Philips...http://www.youtube.com/watch?v=uIbXvaE39wM

healme

292 posts

Posted by healme > 2014-01-20 14:10 | Report Abuse

You heard the song?..."...Hold On For One More Dayyyyy..." hehe

Invest123

1,597 posts

Posted by Invest123 > 2014-01-20 15:29 | Report Abuse

Above 1.90 soon

skyhawk

4,453 posts

Posted by skyhawk > 2014-01-20 16:07 | Report Abuse

Huat arr!!! lai lai lai!!!....touch 1.90 now.

Posted by zackmuain > 2014-01-20 16:11 | Report Abuse

NAIK LAGI......

Invest123

1,597 posts

Posted by Invest123 > 2014-01-20 16:12 | Report Abuse

Heading for 2 lah.

skyhawk

4,453 posts

Posted by skyhawk > 2014-01-20 16:14 | Report Abuse

MY 1st TP...2.00
2nd TP...2.10

Cheers !!!

healme

292 posts

Posted by healme > 2014-01-20 16:24 | Report Abuse

i think somebody had missed the 1.75 target....

healme

292 posts

Posted by healme > 2014-01-20 16:31 | Report Abuse

zackmuain, u dulu ada nissan march turbo ka?....lajukan? macam bjauto...yes

skyhawk

4,453 posts

Posted by skyhawk > 2014-01-20 16:41 | Report Abuse

hahaha!!!

healme

292 posts

Posted by healme > 2014-01-20 17:25 | Report Abuse

well...1.83...as mentioned earlier...huhu

silver

142 posts

Posted by silver > 2014-01-20 20:30 | Report Abuse

The Present hike is increasingly Unsustainable. The higher it climbs, the harder it falls.......

Nothing thrives without solid fundamentals. @1.72-1.75 is still the target price...by mid week !!

Do Not be overly confident......Good Luck

silver

142 posts

Posted by silver > 2014-01-20 20:59 | Report Abuse

Here are additional factors: triple/disposal via interest/ ESOS announced days ago.
781, 000 shares +1, 222, 000 shares +120, 000 shares mean more Shares are being issued and Diluting the existing free market.

If 781, 000 shares accounted for 3 cents, then 1, 222, 000 +120, 000 accounted for how much ?
....0.06 cents ??

From the short history, the charted graph shows the trend will be snapped
Tuesday (tomorrow)......what do you say....sustainable?

......tomorrow will prove too hard to sustain.
......tomorrow will prove too tough to contain........

Paul Tan

146 posts

Posted by Paul Tan > 2014-01-20 23:57 | Report Abuse

nap coverage - http://paultan.org/tags/nap-2014/

Richmond

72 posts

Posted by Richmond > 2014-01-21 08:58 | Report Abuse

Somehow something tells me that something is still missing..........

Could it be the Earnings Report ???

silver

142 posts

Posted by silver > 2014-01-21 09:07 | Report Abuse

Guess what ? You are right !! ......Q4 Earnings Report is coming !!

rocky49

66 posts

Posted by rocky49 > 2014-01-21 09:19 | Report Abuse

Its now very close to Average Target Price call by Kenanga's Price Target of 1.92

I guess its probably reached its peak, over-bought and over-priced now.

Not much room to move from here once ceiling breached.
Just my 2 cents

silver

142 posts

Posted by silver > 2014-01-21 09:28 | Report Abuse

I fully concur to your statement as I foresee Selling Pressure coming once 1.90 is breached.

As Sellers definitely over weigh buyers. I would stay @1.72-1.75 range.....

.....CORRECTION should kick in by mid week .......

silver

142 posts

Posted by silver > 2014-01-21 10:31 | Report Abuse

The pressure just started kicking in.....

silver

142 posts

Posted by silver > 2014-01-21 10:35 | Report Abuse

Take your profit and Runnnn.....................

calvintaneng

54,830 posts

Posted by calvintaneng > 2014-01-21 10:42 | Report Abuse

Yes. One day show. Time to take profit and run. To where? To these safer counters. Of course!

1) SILK HOLDINGS (Will Benefit from Population Boom of Greater Kajang)
2) EPMB (Will benefit from NAP - OEM for Perodua, Proton, Honda & Toyota)
3) RCECAP (Bad Times Pawn Shop & Ah Long proliferate. RCap is LEGALISED AH LONG)
4) MUI BERHAD (WIll benefit from VISIT MALAYSIA YEAR 2014)
5) CYMAO (All Furniture Counters Up - CYMAO's turn will come)
6) DUTALAND - High NTA
7) OPCOM (DEBT FREE Pays 8% Dividend. New 43 Mil order from TM)

All Are Recession Proof & Highly Defensive in nature!

Richmond

72 posts

Posted by Richmond > 2014-01-21 10:48 | Report Abuse

In order To take profit and run,...... You need the buyers. Where are all the buyers ???

silver

142 posts

Posted by silver > 2014-01-21 14:14 | Report Abuse

Not that there are no buyers. They are at ..............@1.72-1.75

As long as 1.80 level broken, those 1.7 ish range will be feasible.....

silver

142 posts

Posted by silver > 2014-01-22 08:01 | Report Abuse

Despite Kenanga's and subsequent mbb trading price call of 1.92, the key issue
Continue to plaque investors.........

Thus Mid Week Correction shall be continuous today.......

Richmond

72 posts

Posted by Richmond > 2014-01-22 08:52 | Report Abuse

Now that everyone has made their position clear, when can we expect Q4 Earnings Report ??

silver

142 posts

Posted by silver > 2014-01-22 09:06 | Report Abuse

Weak buying signals, Low buying interest determines the order of the day.

Chances are.....may see Low volume similar to yesterday's 500k only.......

Mid Week indicator range ....@1.72-1.75 ??

silver

142 posts

Posted by silver > 2014-01-22 11:00 | Report Abuse

Weak market outlook make investors nervous....Earnings Report expected to be out in the next few days.....
What's your say -above or Below analyst expectation........?

BJAUTO

32 posts

Posted by BJAUTO > 2014-01-22 11:05 | Report Abuse

Perhaps foreign fund managers have their own views and calculations or forecasts.

Richmond

72 posts

Posted by Richmond > 2014-01-22 11:28 | Report Abuse

Perhaps Thailand's Unrest calls for cautious foreign fund managers...hehe

Posted by nudsladoraka > 2014-01-22 13:52 | Report Abuse

Why AMMB always give high TP 2.15 compare to other invesment bank

silver

142 posts

Posted by silver > 2014-01-22 14:44 | Report Abuse

Because they are overly- confident....even before Q4 Earnings Report.

Should be available by CNY.

healme

292 posts

Posted by healme > 2014-01-22 16:05 | Report Abuse

well...I think Mazda Japan has an option to switch its newly Mazda assembly cars (for skyactiv technology) to Malaysia....its a positive approach...I hope

silver

142 posts

Posted by silver > 2014-01-22 17:01 | Report Abuse

I think it still lacks fundamentals....What foreign investors want are..... Earnings Report to exceed expectations !!

Until then its bubbling and quick profiteering.....No wonder Kenanga set its "Trading" target at 1.92...........

Posted by Bernard Tan > 2014-01-22 18:58 | Report Abuse

Q4 Earnings Report will be available before CNY?

silver

142 posts

Posted by silver > 2014-01-22 21:20 | Report Abuse

Ooops. Typo error....I meant Q3 results. Thanks for high lighting....

silver

142 posts

Posted by silver > 2014-01-22 21:26 | Report Abuse

And it may not be always nice...just be cautious

BJAUTO

32 posts

Posted by BJAUTO > 2014-01-22 22:04 | Report Abuse

Congratulations! Today's close at 1.86 is the highest since IPO.

silver

142 posts

Posted by silver > 2014-01-23 07:49 | Report Abuse

The closing price has reached uncharted territory. Whats ahead requires new fundamental market indicators......otherwise its just "Guessing"

silver

142 posts

Posted by silver > 2014-01-23 07:52 | Report Abuse

However I must admit that "guessings" game sometimes works as well. However, it could be "Fatal" when reality comes in opposite direction.....

Madam YS

6,888 posts

Posted by Madam YS > 2014-01-23 08:58 | Report Abuse

dah beli, jual, aku nak beli balik think twice
harga dah tinggi hehehe

silver

142 posts

Posted by silver > 2014-01-23 10:04 | Report Abuse

At 1.92 currently, there's not much room to go......

Madam YS

6,888 posts

Posted by Madam YS > 2014-01-23 10:11 | Report Abuse

tulah aku cakap
susah dah tinggi
hehehe
sila bagi flag

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