BERMAZ AUTO BERHAD

KLSE (MYR): BAUTO (5248)

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Last Price

2.04

Today's Change

+0.01 (0.49%)

Day's Change

2.01 - 2.07

Trading Volume

3,631,200


15 people like this.

4,828 comment(s). Last comment by cwc1981 20 hours ago

SinGor

4,931 posts

Posted by SinGor > 2020-04-28 15:41 | Report Abuse

https://www.theedgemarkets.com/article/sc-and-bursa-extend-temporary-short-selling-suspension-amid-covid19-volatility#.XqfDYJooJLs.facebook

I think No Short selling til 30June is to protect Airasia and Sapnrg. However Bauto will also benefit alot too

RainT

8,448 posts

Posted by RainT > 2020-05-03 18:33 | Report Abuse

If BAUTO short sell then good

lets it fall , I want buy at low price

RainT

8,448 posts

Posted by RainT > 2020-05-03 18:34 | Report Abuse

for premium car buyers , if they prefer quality and style over price, no matter how also, these premium car buyers will still buy MAZDA

RainT

8,448 posts

Posted by RainT > 2020-05-03 18:35 | Report Abuse

Last week EPF & KWAP buy in total 4,059k shares

amytrojan

178 posts

Posted by amytrojan > 2020-05-08 08:51 | Report Abuse

Nicely up o kikikiki

Posted by VietnamCoffee126 > 2020-05-19 11:34 | Report Abuse

Fake up lah
This year where got people buy cars ??

Posted by VietnamCoffee126 > 2020-05-19 11:35 | Report Abuse

Tp 0.50

RainT

8,448 posts

Posted by RainT > 2020-05-19 11:47 | Report Abuse

wait bad quarter result coming soon

amytrojan

178 posts

Posted by amytrojan > 2020-05-19 15:20 | Report Abuse

I bought one mazda cx5 o.... it rises up...i so happy o

sparkrider

221 posts

Posted by sparkrider > 2020-05-19 16:01 | Report Abuse

Back to rm2?

roshazli

153 posts

Posted by roshazli > 2020-05-20 16:15 | Report Abuse

Corona Menyebar, Penjualan Pelaku industri otomotif kini sedang berupaya keras bertahan dalam besarnya tekanan ekonomi yang terjadi pada beberapa bulan belakang. Seperti apa geliat industri otomotif yang harus terrem sementara di tengah pandemic?
https://www.youtube.com/watch?v=ijv_CIw92Ck

amytrojan

178 posts

Posted by amytrojan > 2020-05-21 16:16 | Report Abuse

roshazli u not understand bauto leh. Their target customers are not poor ones..economy down these groups of potential customers can still have the means to spend leh

RainT

8,448 posts

Posted by RainT > 2020-05-23 17:47 | Report Abuse

yup lo

MAZDA is buy by mid income people

so many will defer to buy MAZDA, unless if have special discount and again if have this will eat away BAUTO margin

addy

90 posts

Posted by addy > 2020-05-24 15:08 | Report Abuse

my friend working in hong leong bank told me now hong leong bank give car loan ,installment rm1000 per month bank account saving must have cash money 24k for instalment 2years money in 2 year bank to give lending...tightening lending...many bank loan margin give 70% max loans.
example : your bank account saving in year 2018 have 24k until now still have 24k ,bank give lending...if year 2018 bank saving have 10k 2019 year have 15k now have years 2020 have saving 24k bank will rejected loan...

spectre007

1,410 posts

Posted by spectre007 > 2020-06-05 11:52 | Report Abuse

https://www.klsescreener.com/v2/news/view/685125

The construction, property, as well as automotive industries would also be given priority considering their importance in building consumer and investors confidence to get the economy back on track.

spectre007

1,410 posts

Posted by spectre007 > 2020-06-05 11:53 | Report Abuse

Stimulus

memorylane

249 posts

Posted by memorylane > 2020-06-05 15:49 | Report Abuse

exemption of 50% duty for import car and 100% for local car.... no wonder skyrocketed today....

Posted by tradetoinvest > 2020-06-05 15:50 | Report Abuse

too late if you know the news now. hehe..

memorylane

249 posts

Posted by memorylane > 2020-06-05 15:52 | Report Abuse

1.40 still consider cheap for me, if you look at the 10-years price chart... 50% exemption is a lottttttt....

mason

161 posts

Posted by mason > 2020-06-05 16:16 | Report Abuse

no wonder la, so fast up so much, miss the top up more opportunity...haha...nvm enjoy the ride.

cherry88

986 posts

Posted by cherry88 > 2020-06-05 16:22 | Report Abuse

Still relatively cheap given its net cash and pay dividend quarterly

RainT

8,448 posts

Posted by RainT > 2020-06-05 16:22 | Report Abuse

NOW i know why this BAUTO shoot up

have import duty exemption for import car until end of year

RainT

8,448 posts

Posted by RainT > 2020-06-05 16:23 | Report Abuse

in morning,i crack my head

why BAUTO wake up frm sleep, mana tau

afternoon have good news about auto

RainT

8,448 posts

Posted by RainT > 2020-06-05 16:24 | Report Abuse

so morning people who buy BAUTO and push up the price, how they know will have good news in afternoon?

they have cyrstal ball ah ?

memorylane

249 posts

Posted by memorylane > 2020-06-05 16:25 | Report Abuse

i guess the news leaked out from government people to the market already in the morning...

soon9913

2,820 posts

Posted by soon9913 > 2020-06-05 16:25 | Report Abuse

https://www.wapcar.my/news/malaysians-pay-over-rm-10-billion-in-car-taxes-every-year-how-did-we-end-up-like-this-1185

refer to this link, all Japanese car manufacturer also pay 0% import duty

soon9913

2,820 posts

Posted by soon9913 > 2020-06-05 16:26 | Report Abuse

it means no impact to the selling price?

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-05 16:38 | Report Abuse

""The gov't is giving 100 pct tax exemption on sales of locally assembled passenger cars, 50 pct for imported passenger cars from June 15 to Dec 31, 2020"""

This is driving today surged----Madza Up----BAUTO reaches RM3

Sami_Value

430 posts

Posted by Sami_Value > 2020-06-05 16:39 | Report Abuse

it will be short live.....with jobs at risk, who dare to commit new loans

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-05 16:56 | Report Abuse

Next week Bauto will replace Glove Counters as Top goreng Stock

memorylane

249 posts

Posted by memorylane > 2020-06-05 16:57 | Report Abuse

soon9913, import tax and sale tax are different thing....

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-05 17:05 | Report Abuse

look at the after hours Que Sell, all disappear. Someone desperately block Buying (prevent price
from chasing further upwards, ppl with deep pocket )

ImCK

3,300 posts

Posted by ImCK > 2020-06-05 17:07 | Report Abuse

sure many people will buy car soon car loan low interest rate + sales tax this is good oppurnity rush to buy favourite car !!!! and berjaya auto is the 1st choice !!!!

soon9913

2,820 posts

Posted by soon9913 > 2020-06-05 17:19 | Report Abuse

memorylane, thanks. I got the wrong info

mason

161 posts

Posted by mason > 2020-06-05 17:32 | Report Abuse

In this world, no need crystal ball to be rich, you can be rich by having friends that got the news before it official release or friends punya friend also can... it is always like that. leak information is everywhere. try to monitor each of every company quarter results 3days before it release you will realize.

howgan

241 posts

Posted by howgan > 2020-06-05 17:35 | Report Abuse

Removing the 10% sales tax would not impact on car price so much. This policy DRBHICOM and UMW may take a bit advantage.

RainT

8,448 posts

Posted by RainT > 2020-06-05 18:24 | Report Abuse

@mason

wah,how many ikan bilis can have that kind of lubang lubang to know the news woh

all is big IBs or related government body only have

we are always left in the dark lo

RainT

8,448 posts

Posted by RainT > 2020-06-05 18:25 | Report Abuse

@imck

no more BERJAYA AUTO

The name has been changed to BERMAZ AUTO since ages ago, when Vincent Tan sell off last time

now is BERMAZ AUTO

mason

161 posts

Posted by mason > 2020-06-05 18:40 | Report Abuse

@RainT

So ikan bilis like us only can hope to buy low and wait lo...

If we cannot swim faster than the sharks then what ikan bilis can do is swim behind them lo...

no choice... the game is like that.

mason

161 posts

Posted by mason > 2020-06-05 18:47 | Report Abuse

@RainT

I also shock to see this drastic up and miss the boat but i decide to add more shares even after it up >10% today. As long term it will be slowly grow.

The price movement will repeat what happen during the 2018 6% GST waiver.

JJchan

7,182 posts

Posted by JJchan > 2020-06-05 19:57 | Report Abuse

It is very obvious 100% tax exemption for local Cars are to jack-up Proton profit margin bcos
Proton import most of their New Model parts(X 70) from China. (almost 100% Bumi Vendors) Also to please Umno Pahang, 50% import duties Cut will benefit Mercedes Pekan, Pahang.

Somehow Lucky Bauto Madza caught most of silver/Gold Coins too. With such a Good Dividend
payout policy, most IB will Not mind 2 months MCO losses----It will cover back by year-end.

Just look at EPF buyings, 2 weeks ago I thought EPF purchasing manager has too much Whiskey
somehow he already Knew what is going to happen.

paperplane

21,667 posts

Posted by paperplane > 2020-06-05 21:02 | Report Abuse

Next week limit up!

paperplane

21,667 posts

Posted by paperplane > 2020-06-05 21:03 | Report Abuse

Best div paying car stocks in Bursa

ImCK

3,300 posts

Posted by ImCK > 2020-06-05 23:44 | Report Abuse

down jone rise 1000 point next week this stock should be goreng up back to original value

sparkrider

221 posts

Posted by sparkrider > 2020-06-05 23:59 | Report Abuse

Will up until end of the year? Everyday up 1 sen?

paperplane

21,667 posts

Posted by paperplane > 2020-06-06 15:47 | Report Abuse

1.80 is my tp now

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-06-08 10:31 | Report Abuse

1 of the best dividend counter out there.. My place for fd

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-08 10:42 | Report Abuse

"monetary" missed the boat---hehehe..... Old Inventories cannot do anything. CBU taxes (50% decrease) and Sales Tax (10% decrease)are included in "New Car Sales"
SST is taxes you paid to Custom at Port ( no refund in current exception )
If you want New Madza, you need to want wait atleast 40days ( very little production during MCO)
Maybe 3 shifts production in June onwards, ppl Q.ing to Buy like last GST to SST----4months wait
perodua

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-08 10:47 | Report Abuse

PPL will be Booking til 31Dec, 2020 but BAUTO production got to Run till June 2021 to fulfill Orders
Big Big leg up for Bauto revenue......Look at Perodua Sales in May, almost return back to 90%----even before Tax Exception!!!!!!

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-08 10:51 | Report Abuse

Year-End Bauto may have special Dividend of 10%

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