Posted by James > 2021-03-11 20:20 | Report Abuse

Wah, more good news. Seems like Bauto really going to ramp up the capability and be number one non national car by volume in Malaysia soon

Posted by RJ87 > 2021-03-11 22:09 | Report Abuse

When call warrant C12 was launch that time. Kenanga give a TP RM1.7.
Now, below expectation and consensus and TP RM1.3

Why not just say...C12 strike value is RM1.37. It better not stay above 1.40.

https://klse.i3investor.com/servlets/ptres/59039.jsp

Posted by RJ87 > 2021-03-11 22:12 | Report Abuse

U guy wait for CIMB version.

They hv 4 call warrants. C13, C16 and C18. =D

Posted by johotin88 > 2021-03-11 22:13 | Report Abuse

Kenanga has a sell call. So it's time to buy.

Posted by James > 2021-03-11 22:19 | Report Abuse

Warrants volume not high bro. Cannot use warrants to justify the pricing. Banks won’t lose much with warrants. They got many more profitable ones.

Posted by Masterinvestor > 2021-03-11 22:27 | Report Abuse

^ that's not exactly true. Trading volume of warrants not high, but the outstanding warrants volume is large. They will have gain more by pressing down the share price below strike price.

But what RJ87 mentioned is true. I have seen this phenomenon across many different stocks, where the research reports are tied to warrants expiration

Posted by James > 2021-03-11 22:46 | Report Abuse

The banks or institutions issued so much of warrants. If every warrants also they tried to pressed down, I don’t think they will survive. So what is your thought? Continue the ride to RM2? Lol

Posted by Johnlee85 > 2021-03-11 23:18 | Report Abuse

Agree with James, but if retail investors continue to buy strongly they definitely can't press it down. Definitely gonna continue the ride to RM2 :)

But I don't deny the fact that issuing Banks do press down prices. They usually do it close to expiration date. The RSS for Bermaz is also quite high, close to 4 million shares

Posted by PinchofSalt > 2021-03-11 23:50 | Report Abuse

Just hold and collect buy while you can, the ride to RM 2 is definitely arriving this year.

Posted by RJ87 > 2021-03-12 00:15 | Report Abuse

James, it a zero sum game.

If someone were to make money, someone has to lose money.

Now, and if u hv few legal tricks up ur sleeve to tilt thing in ur favor, u will do all u can.

Posted by RJ87 > 2021-03-12 00:20 | Report Abuse

While the volume is big, they know their effort is gonna be futile. They just sit and wait.

They will wait when volume die down and do a sudden short. When price drop enough to make ppl believe party is over. The selldown will continue.

But if supporter just queue at 1.45 as support in large quantity. It will cost these manipulator to think twice to short if the exposure is big enough.

Posted by Johnlee85 > 2021-03-12 00:39 | Report Abuse

Agree with RJ87. They have been doing that almost daily in the past 2 weeks, placing a huge volume to create a large drop in the share price at 4.50PM.

I am just going to accumulate as much as I can for now :)

Posted by RJ87 > 2021-03-12 08:52 | Report Abuse

James is from team mana? Cimb? Hahhaha

Posted by RJ87 > 2021-03-12 08:53 | Report Abuse

Yet to return to precovid price. Increased marque and market share. Low overhead.

Posted by TalkC > 2021-03-12 09:08 | Report Abuse

buy buy buy. RM 2 otw. haha

Posted by Johnlee85 > 2021-03-12 10:06 | Report Abuse

https://www.wapcar.my/news/aminvest-bermaz-to-conclude-kia-deal-by-april-2021-24884

Posted by TalkC > 2021-03-12 10:46 | Report Abuse

yes, someone trying to put a fake queue 1.44. no ppl want to sell. lol

Posted by TalkC > 2021-03-12 10:52 | Report Abuse

1.45 also a fake block to cheat ppl. zzz

Posted by Johnlee85 > 2021-03-12 11:29 | Report Abuse

This has been happening everyday haha. Especially since warrant expiration coming up

Posted by TalkC > 2021-03-12 12:21 | Report Abuse

yeah, let it be as the buying pressure so huge.. Might break the yesterday 1.48 resistance too

Posted by TalkC > 2021-03-12 16:51 | Report Abuse

2m shares roadblock @ RM1.45 lol

Posted by Johnlee85 > 2021-03-12 17:57 | Report Abuse

I have also been collecting too hehe

Posted by Masterinvestor > 2021-03-12 17:58 | Report Abuse

2m shares roadblock @ RM1.45 lol -> super clear manipulation man. Been happening everyday at 4.45pm

Posted by mike > 2021-03-12 23:18 | Report Abuse

Bermaz Auto Bhd's net profit in its third quarter ended Jan 31, 2021 (3QFY21) rose 21.85% to RM33.08 million from RM27.15 million a year ago on higher local sales of vehicles, the company said today.

Posted by RJ87 > 2021-03-15 09:04 | Report Abuse

I guess it’s buy on rumours. Sell on news.

Posted by RJ87 > 2021-03-15 09:17 | Report Abuse

Fuiyo...TP Pre-COVID price RM2.10.

Bermaz Auto Berhad (BAUTO MK): MKE reiterates our positive outlook on BAuto post meeting. It has a strong chance to take on and develop a 3rd non-competing franchise without compromising much of its existing ops - Mazda & Peugeot. The potential effect from this is huge. The ROIC could match its Mazda ops, if executed well. Profits could double and valuations halved. Crystallising this prospect is a major catalyst, which the market has yet to fully appreciate. Our MYR2.10 TP is pegged to 16x FY22 PER (mean valuation). BUY

Posted by RJ87 > 2021-03-15 10:41 | Report Abuse

Dunno who go set huge sell queue at 1.45.

If foreign come sapu 300-400k shares again. The face of the person setting block is gonna turn pale. Worse if he short sell.

Retail investor that’s excited about KIA and Porsche are gonna hold.

Posted by Johnlee85 > 2021-03-15 12:37 | Report Abuse

It's okay gives me more opportunity to collect more :)

Posted by Masterinvestor > 2021-03-17 21:34 | Report Abuse

https://www.theedgemarkets.com/article/jardine-ccl-makes-fresh-takeover-bid-cycle-carriage-bintang-rm240-share

Posted by Masterinvestor > 2021-03-17 21:53 | Report Abuse

^carmakers undervalued too

Posted by Johnlee85 > 2021-03-19 17:16 | Report Abuse

Wow EPF acquired so many shares on the 16th March

Posted by Johnlee85 > 2021-03-20 21:45 | Report Abuse

I am almost certain Kia deal will be announced soon. My service centre told me today they got news that it is a done deal

Posted by RJ87 > 2021-03-22 10:02 | Report Abuse

CIMB bank block for C13 expiring on 31/3 at RM1.40. If it blow pass RM1.5 to RM1.6. should hv show starting april until mid may before another round of pressure to stop C12 and C16.

Posted by Masterinvestor > 2021-03-22 12:29 | Report Abuse

interesting that EPF dumped UMW last week and bought lots of Bermaz shares

Posted by Johnlee85 > 2021-03-22 21:46 | Report Abuse

https://careta.my/article/bermaz-akan-umum-ambil-alih-kia-dalam-masa-terdekat

Bermaz has contacted the Kia dealers and service centres

Posted by Masterinvestor > 2021-03-23 16:53 | Report Abuse

end day manipulation again today hahahaha

Posted by RJ87 > 2021-03-23 17:24 | Report Abuse

until 31 only. CIMB C13. RM1.4. They don't wanna pay. They will press it down to RM1.40

Next round will be june...then we hv show between April and May before another round of pressing.

Posted by Johnlee85 > 2021-03-23 17:29 | Report Abuse

I will rather burst their bubble starting tmr, rather than wait till April. Announcement of Kia imminent, so I am gonna start collecting

Posted by RJ87 > 2021-03-23 17:31 | Report Abuse

can la...we all queue gao gao lat at 1.44, 1.45...eat everything they throw...

then when they need to close their RSS position...we sell back to them at RM1.5 above

Posted by Johnlee85 > 2021-03-23 17:58 | Report Abuse

I have been doing that the past few days haha. Picked up ton of cheap shares below 1.45

Posted by RJ87 > 2021-03-24 13:10 | Report Abuse

problem is...RSS can throw few million shares at a time....

u got the pocket to eat few million shares? U see those market manipulator...they don't play against banks...They know they can't win. Rules made it in such a way.

They steer away from counters with Institution involved. In any game, we need to know the rules of the game and the players.

Institution play by different rules, manipulators play by different rules, and we retailer play by the most unfavorable rules.

Posted by PinchofSalt > 2021-03-24 16:28 | Report Abuse

Who cares them. Just buy and hold, TP RM 1.70 - RM 2.00 is gonna come soon.

Posted by Johnlee85 > 2021-03-24 16:34 | Report Abuse

It is okay give me more chance to collect more. Bermaz is having a huge recruitment drive on the 31st March for new workers, which must be for the kia operations.

Paul tan also spotted new peugeot malaysia cars, so signs that they are gonna get launched soon :)

Posted by Johnlee85 > 2021-03-25 12:20 | Report Abuse

Curious to see Jalil Rasheed's influence on the berjaya partnership with bermaz

Posted by Wbuffet88 > 2021-03-25 14:40 | Report Abuse

Wow RSS bought back almost 400k shares yesterday. Guess they are covering their shorts now. Don’t sell to them!

Posted by Masterinvestor > 2021-03-25 22:38 | Report Abuse

Mazda finally leapfrogged Nissan in car sales last month (Feb 2021)

https://paultan.org/2021/03/25/malaysian-vehicle-sales-data-for-feb-2021-by-brand-proton-up-by-96-honda-rebounds-with-a-201-jump/

Posted by yesAH > 2021-03-26 12:19 | Report Abuse

Mazda CX-5 sold out, currently with 2 months waiting list

https://www.wapcar.my/news/mazda-cx5-sold-out-currently-with-2-months-waiting-list-22704

Posted by Johnlee85 > 2021-03-26 17:20 | Report Abuse

Got news today that Bermaz is meeting Kia bosses today

Posted by yesAH > 2021-03-26 17:45 | Report Abuse

OLD NEWS November 03, 2020 17:00 pm

>>> Sime Darby Bhd says, however, that it is not vying for the distribution of Kia and Peugeot ...

https://www.theedgemarkets.com/article/peugeot-and-kia-franchises-could-help-put-bermaz-auto-big-league-observers-say

Posted by Johnlee85 > 2021-03-26 21:32 | Report Abuse

That's correct link here https://paultan.org/2021/03/25/malaysian-vehicle-sales-data-for-feb-2021-by-brand-proton-up-by-96-honda-rebounds-with-a-201-jump/

Azmin just announced a major luxury car maker to invest in Malaysia. Porsche? If they invest in Inokom plant bermaz will benefit