Posted by Vess88 > 2020-03-06 21:08 | Report Abuse

Some still stubborn saying not dividend trap? Look at the period of downtrend and dividend yield... Still need data to back?

Posted by RainT > 2020-03-09 14:42 | Report Abuse

mega sales today

Posted by babyqueen > 2020-03-10 22:02 | Report Abuse

Time to accumulate

Posted by SinGor > 2020-03-11 10:24 | Report Abuse

last Qr revenue drops bcos cannot sell new Model (1 month) due pricing problem. This coming
Qr results should be very good compare to last Qr (QoQ). Maybe matching 700mil

Posted by SinGor > 2020-03-11 10:47 | Report Abuse

Epf and Ceo buying so many shares

Posted by SinGor > 2020-03-11 10:51 | Report Abuse

Qr. result out 13/3 (Friday). I hope immediately jumps back to 2.2 then 2.65 (kenanga )

Posted by RainT > 2020-03-11 17:52 | Report Abuse

queue at RM1.55 today also kena matched

Posted by RainT > 2020-03-12 11:46 | Report Abuse

Again mega sales day

Posted by Lee6565 > 2020-03-12 12:30 | Report Abuse

drop like no tomorrow..

Posted by choong18 > 2020-03-12 12:34 | Report Abuse

margin call. Drop non stop regardless of FA

Posted by paperplane > 2020-03-14 23:58 | Report Abuse

jjchan, your logic totally wrong. Oil at 30, not inflation, deflation ok!

Posted by observatory > 2020-03-15 17:32 | Report Abuse

If the oil price stays low, it will function a one-off tax cut for importing countries. It shall benefit oil importers like India. India Reserve Bank can cut rates with less worry about inflation.

But low oil price is a double-edged sword for Malaysia. Although the government saves from reduced petrol subsidy, its oil revenue from tax and Petronas dividend declines faster. Lower USD revenue from oil export will weaken MYR. The weak MYR, if persistent, can cause higher inflation due to rising import costs. It also constraints BNM's ability to cut OPR further to stimulate the local economy.

The more expensive Yen is not good for BAuto. However given the stock price has dropped so much, may be the worst-case have already been priced in? The historical dividend yield is 14%. Even if the dividend is cut by half in the coming 12 months, forward DY is still 7%. Can we assume that as long as the economy doesn't get into a recession, BAuto will be able to stay profitable and continue distributing dividends?

Posted by observatory > 2020-03-15 21:37 | Report Abuse

Yes, deflation is not only bad but much worse than inflation in my view. While inflation might be bad for consumers, businesses can usually pass on the rising cost to customers. With deflation the economy might just get sucked into a downward spiral, where consumers don't spend --> business contracts --> workers retrenched --> consumers have no income to spend ...

But I don't think deflation is a worry for Malaysia. Although the official inflation rate has been low for several quarters, I don't think it will turn into deflation. Afterall we keep hearing people complaining about the rising cost of living.

Posted by SinGor > 2020-03-16 10:08 | Report Abuse

Rich people are rich people. Recession (6months) has no effect on their spending (maybe 10 less)
Madza is targeted at Upper middle Class.

Posted by SinGor > 2020-03-16 10:43 | Report Abuse

https://finance.yahoo.com/news/federal-reserve-cuts-rates-to-zero-restarts-quantitative-easing-qe-210001968.html

Fed cuts to Zero......Bank Negara how???? Car Loan + HOuse loan will drop soon

Posted by RJ87 > 2020-03-16 16:17 | Report Abuse

U see the BOD...each throw 2-3mil to sapu...F*cking rich...

Posted by observatory > 2020-03-17 18:23 | Report Abuse

BAuto doesn't delay its financial results announcement. Its quarter ends on Jan31. That's why it releases in March instead of Feb. Anyway the result is weak, and this is the quarter after its pricing issue has been resolved, but before being hit by Covid-19. Expect worse results in Jun.

Posted by RainT > 2020-03-17 20:25 | Report Abuse

omg

think this recent quarter release is the good result

but end up bad result

not yet take in Covid 19 already bad, if take in Covid 19 will be more worse

Posted by RainT > 2020-03-17 20:28 | Report Abuse

anybody buying or holding ?

what is reason buy/hold?

i found that the expectation of good result is vanish with this bad quarter result release

Posted by RainT > 2020-03-17 20:28 | Report Abuse

profit margin also drop

Posted by James Ng > 2020-03-18 07:30 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-03-18-story-h1484897510.jsp
[转贴] [BERMAZ AUTO BHD：QoQ税前盈利增加，主要是由于销售组合的改变（更多高价值车型）] - James的股票投资James Share Investing

Posted by Vess88 > 2020-03-18 09:59 | Report Abuse

If they can maintain their dividend payout this counter shall be fine... like the joker upstairs mentioned before... with data... then only you know whether is dividend trap or not... am i right? Joker catch the bear...lol....

Posted by RainT > 2020-03-18 15:39 | Report Abuse

this can average down or not ??

Posted by observatory > 2020-03-18 20:25 | Report Abuse

Average down is a risky psychology. Better to treat each new buy and sell decisions on individual basis. Forget about past sunk cost.

Posted by observatory > 2020-03-18 20:28 | Report Abuse

Having said that, I myself cannot avoid such psychology. What I do is to compile a total paper profit/ loss on each stock based on current price. Looking at number, I will know average down does not reduce any paper loss.

Posted by RainT > 2020-03-19 21:00 | Report Abuse

buy more

Posted by shpg22 > 2020-03-21 09:40 | Report Abuse

Even before the outbreak, it is estimated that 40% of the SME businesses just managed to get by. With the MCO and eventual slowdown, at least half of this businesses is expected to close down and a million employees will be jobless. The effect on Malaysia economy will be widespread coupled with low tourism income and extreme low oil price. Ringgit is expected to be further weaken to 1 USD - 5 MYR.

Import of CKD parts & CBU will be more expensive, low buying power from consumer and prolong pandemic, BAUTO will sink further.

Posted by RainT > 2020-03-22 23:23 | Report Abuse

now almost all biz also look bad in certain aspect

so up to us to find out which worth to invest

Posted by shpg22 > 2020-03-23 11:27 | Report Abuse

Automobile and property is definitely not on the list of priority

Posted by mrlimitdown > 2020-03-25 20:56 | Report Abuse

no job how to buy car
retrenchment start.

Posted by mason > 2020-04-01 10:39 | Report Abuse

i am also waiting but it seems keep going and dont wait me...lol

Posted by wesley_gold > 2020-04-09 15:13 | Report Abuse

automobile will be one of the most impacted now...

Posted by RainT > 2020-04-11 14:52 | Report Abuse

all sector also impacted

just which one is big and small impact only

Posted by SinGor > 2020-04-14 17:10 | Report Abuse

only bangla and Indo impacted. General Manager still draw same salary. Rich Towkay is in
same financial position. Maybe Change Mercedes / 700series BMW to Madza

Posted by Joe Hary > 2020-04-17 11:45 | Report Abuse

TP 1..RM1.50

Posted by JJchan > 2020-04-17 16:04 | Report Abuse

CEO bought everyday at 1.70--1.77 before Q results. I think he expects price 2.0++

Posted by sparkrider > 2020-04-17 22:42 | Report Abuse

What is TP2 ?

Posted by JJchan > 2020-04-18 14:14 | Report Abuse

If there is a Rally next week, i think Bau can gain 25cents next week bcos the liquidity is drying-up.
Everyday EPF and KWSP are buying up to 2mil shares while the total Volume done for the day is only 4mil

Posted by patrick8 > 2020-04-20 17:21 | Report Abuse

Mazda model sales Oct'19 to Dec'19 - 2705 units (1.7% of national sales)
Mazda model sales Jan'20 to Feb'20 - 2202 units (2.7% of national sales)

No figures yet on March'20 sales. I would expect it to be impacted from the MCO as well as April's.
However, one can see that Bermaz managed to increase their sales quantum by 1% due to introduction of new models and local funds are buying up this share.
Please make your own due diligence on this counter.

Posted by JJchan > 2020-04-20 19:07 | Report Abuse

Breathing space for some. Despite the “restricted operations” accorded to some sectors, the impact of the MCO still remains widespread. Within our coverage, sectors that are allowed to resume operations under strict guidelines include:

Aerospace: DRB via CTRM and UMW via UMW Aerospace.
Automotive: Limited to exports of CBU (Mazda; BAuto) and equipment and components (Pecca).
Machines & equipment: This seems rather broad but could likely encompass tech related companies (names like UWC and Vitrox have been operating at sub optimal levels since MCO day-1) and EMS (understand that VSI will soon recommence limited operations).
Construction: Listed contactors do not fall under the G1-G2 category (paid up capital <RM25k) which has been allowed to operate. Buildings with IBS score of >70 can recommence works; positive for IBS players like Kimlun. Jobs that are >90% complete can also proceed, offering a mild reprieve to contractor’s orderbook execution.
Services related to science, professional and technical: O&G is one of the 4 areas that falls under this category but no further details provided.
Shops involved in hardware, E&E and optical: Think FocusP.
Others: Social health services, barber shops and full-service laundry.

Posted by JJchan > 2020-04-20 19:08 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/2020-04-20-story-h1506045462-Economics_Strategy_On_to_Round_3.jsp

Posted by Joe Hary > 2020-04-21 10:13 | Report Abuse

sparkrider...TP 2: RM 1.75

Posted by amytrojan > 2020-04-22 11:25 | Report Abuse

Here we go again o

Posted by amytrojan > 2020-04-22 11:25 | Report Abuse

Luv mazda 3 fine line hehe

Posted by amytrojan > 2020-04-23 10:51 | Report Abuse

I buy another mazda car lo hehe

Posted by amytrojan > 2020-04-25 22:00 | Report Abuse

Oil so cheap..buy a Mazda enjoy rides kikikiki

Posted by sparkrider > 2020-04-27 18:42 | Report Abuse

EPF and big player keep buying...will it fly to moon?

Posted by Stockhunter88 > 2020-04-27 18:47 | Report Abuse

Automotive is 1 of the sector that yet to recover from covid, so the potential is high.

Posted by Stockhunter88 > 2020-04-27 18:47 | Report Abuse

Plus there are rumours says opr might drop which will benefit automotive

Posted by amytrojan > 2020-04-28 14:56 | Report Abuse

Sing when we're winning kikikiki