Posted by healme > 2016-03-31 08:41 | Report Abuse

if u know wat i mean...hahahaa

Posted by nudsladoraka > 2016-03-31 10:44 | Report Abuse

@healme any chance going down below 2.10 ???

Posted by healme > 2016-03-31 11:41 | Report Abuse

not sure...might be stagnant 2.12....2.13

Posted by travoltakeong > 2016-03-31 12:02 | Report Abuse

Ask EPF and Amanah Saham if the price will go below 2.10.... :-)

Posted by kenz > 2016-03-31 14:52 | Report Abuse

engine starts...vroooom

Posted by nudsladoraka > 2016-03-31 16:04 | Report Abuse

can reach 2.20 today????

Posted by healme > 2016-04-01 10:04 | Report Abuse

TODAY IS THE DAY!!...I am not talking about april fool arr....

Posted by healme > 2016-04-01 10:04 | Report Abuse

2.20....

Posted by projecti2016 > 2016-04-02 12:07 | Report Abuse

2.20 absent

Posted by tklim > 2016-04-02 22:30 | Report Abuse

must break 2.27 maaa...then fly to 4.50 maaaaa....ha...ha...ha

Posted by projecti2016 > 2016-04-04 09:24 | Report Abuse

Steady at 2.13-2.18

Posted by nudsladoraka > 2016-04-04 09:57 | Report Abuse

Buy at support level (S3) .....may be happen this week

Posted by healme > 2016-04-04 10:57 | Report Abuse

tklim....make it fly....ill be happy maaaa....hahahaha

Posted by healme > 2016-04-04 17:26 | Report Abuse

not my day today lah

Posted by Chong 113 > 2016-04-06 15:11 | Report Abuse

The new CX-3 & Mazda 3 are really looks Elegant and Attractive.. already saw quite a lot of units on the road..
But unfortunately in this slump market, Banks were set their high standard on the loan approval and the forex exchange factors... affect the all motor sales...!!
But I very confident on Mazda.. Once economy recover, the sales must be doing Excellent.... Of course the Share Price Too.....!!!

Posted by travoltakeong > 2016-04-06 19:15 | Report Abuse

EPF acquired....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5050857

Posted by salman > 2016-04-06 20:47 | Report Abuse

another rebound soon?

Posted by travoltakeong > 2016-04-07 17:52 | Report Abuse

EPF on buying spree...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5052101

Posted by NVRALSR232 > 2016-04-07 18:17 | Report Abuse

Epf acquired but still dropped a cent.

Posted by healme > 2016-04-08 03:37 | Report Abuse

people are not buying now

Posted by travoltakeong > 2016-04-08 12:32 | Report Abuse

http://klse.i3investor.com/blogs/kltrader/94424.jsp


Initiating coverage with Outperform; price target of RM2.59
MER initiates coverage on Berjaya Auto, the sole distributor of Mazda cars in Malaysia and the Philippines, with an Outperform rating and a price-earnings ratio (PER) - derived target price (TP) of RM2.59, implying c.22% upside. In Malaysia, checks with other auto-players, dealers and bankers reaffirmed MER’s view that 2016’s total industry volume (TIV) will likely decline YoY, or be flat at best. Nonetheless, Mazda’s new launches and competitive pricing via Completely Knocked Down (CKD) units will likely see further market share gain (c.2% currently), driving an earnings per share (EPS) compound annual growth rate (CAGR) of c.13% over FY16-18E. At the current level, MER thinks Berjaya Auto looks attractive, with dividend yields of 4.6%/5.1% for FY16E/FY17E providing downside protection.

Posted by travoltakeong > 2016-04-08 21:32 | Report Abuse

EPF Buy when people are not buying........follow lah....I think EPF is piling up its syariah compliant portfolio by acquiring BJ Auto shares.....check it out...

Posted by salman > 2016-04-13 10:35 | Report Abuse

now 2.19

Posted by salman > 2016-04-13 14:39 | Report Abuse

any good news?

Posted by salman > 2016-04-13 15:42 | Report Abuse

2.21

Posted by kenz > 2016-04-13 15:54 | Report Abuse

mazda mazda mazda mazda mazda

Posted by Christine Lee > 2016-04-13 16:48 | Report Abuse

bro is it safe to enter now? advice advice

Posted by travoltakeong > 2016-04-13 17:05 | Report Abuse

follow epf lah.....

Posted by Christine Lee > 2016-04-13 17:09 | Report Abuse

not a bad idea...haha

Posted by travoltakeong > 2016-04-13 17:36 | Report Abuse

http://klse.i3investor.com/blogs/PublicInvest/94726.jsp


Berjaya Auto - Management Buyout
Author: PublicInvest | Publish date: Wed, 13 Apr 2016, 10:03 AM

Berjaya Group Bhd (BGroup), a substantial shareholder of Berjaya Auto (BAuto), announced that it had entered into a MoU with key management of BAuto (BAuto Management) on the proposed disposal-cum-injection of up to an aggregate of 31.88% equity interest in BAuto into a special purpose vehicle (SPV) for a total consideration of RM766.75m or at RM2.10 per BAuto share. Essentially, it is a management buyout and we view this positively as it would dilute BGroup’s interest in BAuto and also suggest higher dividend payout by BAuto in the future. Our Outperform call on BAuto is maintained at a target price of RM2.58 pegged to 13x FY17F.

Details of the SPV. BAuto management will inject up to 114.5m shares amounting to RM240.5m at RM2.10 per BAuto share, translating to 10% equity in BAuto into a SPV. In return, the SPV will issue 240.5m new shares at RM1.00 par value to BAuto management, which represents a 66.7%-stake in the SPV. In addition, Berjaya Group will dispose its entire 21.9% stake in BAuto (250.6m shares) for RM526.3m or at RM2.10 per BAuto shares to the SPV. This proposed disposal will be satisfied via the issuance of 120.25m shares at RM1.00 par value, representing 33.3% stake in the SPV. The balance of RM406.01m will be satisfied in cash. Hence the SPV is expected to finance the cash consideration with bank borrowings. Upon completion, the SPV will own up to 31.9%-stake in BAuto.
Our take. We view this positively as we expect BAuto to distribute a higher dividend payout to its shareholders to help the SPV to repay the debt, amounting to RM406.0m. Currently, we assume a 40% payout ratio for FY16F and FY17F, which translates to a DPS of 7.1sen and 7.9sen for the respective years or a decent dividend yield of about 3.5%. We maintain our Outperform call at target price of RM2.58 pegged to 13x FY17F. We like BAuto for its asset light business model, sustainable profit margin, and attractive dividend payout.
Source: PublicInvest Research - 13 Apr 2016

Posted by projecti2016 > 2016-04-13 20:50 | Report Abuse

queued to sell at 2.19 but when saw the news and volume, cancelled. Now 2.23 :)

Posted by salman > 2016-04-14 10:38 | Report Abuse

high 2.31, then down back to 2.22 in 2 hours

Posted by healme > 2016-04-14 11:33 | Report Abuse

2.25 meh...come..come

Posted by salman > 2016-04-14 14:48 | Report Abuse

now 2.17

Posted by wlh626 > 2016-04-14 14:58 | Report Abuse

what does this mean it is possible for BAuto to raise its dividend payout ratio from an estd. 50% presently to possibly as high as 70% to help defray the acquisition cost? Why would BAuto distribute a higher dividend payout to its shareholders to help the SPV to repay the debt? May someone explain?

Posted by travoltakeong > 2016-04-15 09:49 | Report Abuse

hold...leave it to the operator and watch...

Posted by projecti2016 > 2016-04-15 14:40 | Report Abuse

+1 hold. finally got show.

Posted by silentsunami > 2016-04-15 15:41 | Report Abuse

I think the purpose of the SPV is to hand more control to the BAuto Management instead of BCorp/BGroup, so in order to repay the debt raised by the SPV, higher dividend is expected for share holder the SPV to repay the debt. This will also benefit the small fish like us, sitting there and waiting for high dividend payout.

Posted by travoltakeong > 2016-04-16 10:05 | Report Abuse

BJ Auto already tested 2.31......To test 2.60 and above ...leave it to the operator....and watch..


Resistance Level (R3) = 2.2933
Resistance Level (R2) = 2.2667
Resistance Level (R1) = 2.2233

Pivot Point = 2.1967

Support Level (S1) = 2.1533
Support Level (S2) = 2.1267
Support Level (S3) = 2.0833

Posted by Smart Investor > 2016-04-16 13:13 | Report Abuse

Soon or later will fly! Zoom zoom! :)

Posted by healme > 2016-04-17 15:12 | Report Abuse

miss the boat...but the hovercraft is coming this monday

Posted by travoltakeong > 2016-04-18 10:31 | Report Abuse

BUY ...anything below 2.17......Good Luck....

Posted by healme > 2016-04-18 23:15 | Report Abuse

buy now...sell 2.33

Posted by travoltakeong > 2016-04-19 09:41 | Report Abuse

Why sell at 2.33?......No confident of out perform stock?...see how the operator play....Just watch....

Posted by projecti2016 > 2016-04-19 21:40 | Report Abuse

sell 2.30

Posted by travoltakeong > 2016-04-20 09:31 | Report Abuse

let's do an assessment on the operator......can BJ Auto close at least 2.26 today?...then we judge and make decision......

Posted by healme > 2016-04-20 11:11 | Report Abuse

travoltakeong...cant watch all the time...pls highlight when time to attack

Posted by projecti2016 > 2016-04-20 21:50 | Report Abuse

closed 2.19

Posted by healme > 2016-04-21 16:24 | Report Abuse

2.25 now...ada chan

Posted by travoltakeong > 2016-04-22 15:21 | Report Abuse

MER reiterates outperform call on Berjaya Auto

http://klse.i3investor.com/blogs/kltrader/95155.jsp