BERMAZ AUTO BERHAD

KLSE (MYR): BAUTO (5248)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.37

Today's Change

-0.04 (1.66%)

Day's Change

2.35 - 2.41

Trading Volume

2,290,000


13 people like this.

4,558 comment(s). Last comment by neohts 2 days ago

Posted by Fabien _the efficient capital allocator > 2023-09-15 17:37 | Report Abuse

There were 71,745 vehicles sold in Malaysia in August this year, 13% more than the 63,676 units sold in July, driven by improved supply chain issues and National Day promotional campaigns by some car companies.

According to the Malaysian Automotive Association (MAA), the number of vehicles sold in August this year is also 6% more than the 67,609 it reported a year ago.

SinGor

4,652 posts

Posted by SinGor > 2023-09-15 18:57 | Report Abuse

next Qr TP by loser TA will be RM5 ( just trying to out do MayBank )

RJ87

5,095 posts

Posted by RJ87 > 2023-09-16 19:31 | Report Abuse

Strong buy with Max RM4.14 from Maybank.

IMO, PE 15 on 25sen = RM3.75.
Until then, hold tight tight collect dividend.
Even at RM3, estimated full year dividend at 16sen(4sen average). 5.3% DY still beats all FD out there.

https://www.tradingview.com/chart/fMeFdbHY/?symbol=MYX%3ABAUTO

Posted by Fabien _the efficient capital allocator > 2023-09-17 10:44 | Report Abuse

FY24 projected EPS (sen)

MBB - 33
HL - 30.1
KN - 24.5
MIDF - 27.8
PB - 18.4
RHB - 29
TA - 24.5

SinGor

4,652 posts

Posted by SinGor > 2023-09-19 18:24 | Report Abuse

First i say Tp 3.0 ....now with EPF buying 3 mil shares every other Day and if accumulate Back to previous 16--17%
we have a strong chance of Hitting MBB's TP RM4.0

Hoot9e

229 posts

Posted by Hoot9e > 2023-09-20 11:55 | Report Abuse

EPF buying is good news?

Posted by weixuan0325 > 2023-09-22 13:12 | Report Abuse

As usual EPF keep on buying and disposing...

Posted by Azam Sahlan > 2023-09-22 21:25 | Report Abuse

is that technical shooting star for 20th & 21st Sept? (newbie in Technical)

Posted by weixuan0325 > 2023-09-25 12:13 | Report Abuse

everyday open high low close...

Posted by Fabien _the efficient capital allocator > 2023-09-26 20:41 | Report Abuse

Yen sinks to 10-month-low after BOJ stresses need to keep easy policy. Positive for BAUTO

RJ87

5,095 posts

Posted by RJ87 > 2023-09-26 20:53 | Report Abuse

10 million share traded. If these donkey don’t sell, will be Rm3 already.

Posted by weixuan0325 > 2023-09-26 21:19 | Report Abuse

Such a big volume I guess you know who these donkey are...

Waller

98 posts

Posted by Waller > 2023-09-27 14:05 | Report Abuse

wow, substantial shareholders started throwing...Should TP some?

troy88

2,550 posts

Posted by troy88 > 2023-09-29 11:15 | Report Abuse

One of the resilient stocks in a bearish market..

Waller

98 posts

Posted by Waller > 2023-10-02 14:53 | Report Abuse

Quite strong, Bauto was able to hit new high despite substantial shareholder sold

Posted by AlphaInvestor > 2023-10-03 11:50 | Report Abuse

Strong dividend yield about 6%

SinGor

4,652 posts

Posted by SinGor > 2023-10-05 18:32 | Report Abuse

I think EPF wants to Gain back 16-17% holdings by "Eating" Prudential Holdings around 5%---Going to be Long
Nite till December

Realrich

1,255 posts

Posted by Realrich > 2023-10-06 14:20 | Report Abuse

Next week budget announcement no more petrol subsidy many people will go to EV car so maybe affect mazda car selling. The following quarter sale will reduce

Waller

98 posts

Posted by Waller > 2023-10-09 10:58 | Report Abuse

If no more subsidy for petrol especially RON95, then inflation will rise ..

gohkimhock

2,941 posts

Posted by gohkimhock > 2023-10-10 14:26 | Report Abuse

@Realrich Here is another noob. EV here, EV there. But can you list down the charging locations in every state? You think it is like charging your mobile phone? There are less than 5k EV car owners in Malaysia and they can tell you their headache should you know one of them..

gohkimhock

2,941 posts

Posted by gohkimhock > 2023-10-10 14:27 | Report Abuse

Petrol subsidy will continue, because the Malays are the majority using it right now.

speakup

25,013 posts

Posted by speakup > 2023-10-10 16:23 | Report Abuse

Pmx going to announce Ron95 rm3. Get ready to sell your car swap to motobike

Posted by weixuan0325 > 2023-10-12 11:33 | Report Abuse

Strong resistance around 2.52...if it breaks through engine will start again...

Waller

98 posts

Posted by Waller > 2023-10-12 17:08 | Report Abuse

If break through, we can look forward it to hit RM3

Paul Tan

146 posts

Posted by Paul Tan > 2023-10-13 16:30 | Report Abuse

will cars be affected by the Cukai Barang Bernilai Tinggi?

RJ87

5,095 posts

Posted by RJ87 > 2023-10-14 19:32 | Report Abuse

While tabling the Budget 2024 in the parliament today, 13 October, Anwar, who is also the Finance Minister, said the new tax will be imposed on certain high-value items, such as jewellery and watches.

Waller

98 posts

Posted by Waller > 2023-10-16 14:11 | Report Abuse

Will affected... because SST increases from 5% to 8%

Paul Tan

146 posts

Posted by Paul Tan > 2023-10-19 09:20 | Report Abuse

sst for car remain at 10%

Posted by weixuan0325 > 2023-10-22 12:06 | Report Abuse

how you guys doing still holding?

RJ87

5,095 posts

Posted by RJ87 > 2023-10-24 09:49 | Report Abuse

Yep…holding until RM3.3

Posted by weixuan0325 > 2023-10-24 11:29 | Report Abuse

@RJ87 glad to hear that...

Dehcomic01

298 posts

Posted by Dehcomic01 > 2023-10-27 09:14 | Report Abuse

The chart (https://i.postimg.cc/c4JN3Hgm/Bermaz-auto.png) shows the ROE of the dozen Bursa auto-related companies. You can see that Bermaz Auto (BAUTO) stood out well above the pack.
But there is a difference between a good company (strong fundamentals) and a good investment (one that can enable you to make money).
From a fundamental investment perspective, a good investment is one which is trading below its intrinsic value.
Well, I have not carried out an intrinsic valuation of BAUTO yet. But looking at the PE and PBV trends can give you some insights whether it is worth the trouble. You can see that the multiples today are actually near the historical lows while the ROE is near the historical highs. An investment worth a detailed look?
For more insights into the Bursa auto sector go to “Are there opportunities in the Bursa auto sector?” at my blog.

Paul Tan

146 posts

Posted by Paul Tan > 2023-10-31 12:46 | Report Abuse

Mazda CX-8 production ending in Japan in Dec 2023 – Malaysia CKD not affected, will continue until 2026

https://paultan.org/2023/10/31/mazda-cx-8-production-to-end-in-japan-in-december/

troy88

2,550 posts

Posted by troy88 > 2023-11-01 10:35 | Report Abuse

Very steady and resilient despite poor market sentiment..

Posted by weixuan0325 > 2023-11-01 13:21 | Report Abuse

this morning got a little momentum break through 2.52 hopefully not half day show only...

Posted by weixuan0325 > 2023-11-02 11:55 | Report Abuse

what is going on to this counter suddenly waterfall...

RJ87

5,095 posts

Posted by RJ87 > 2023-11-02 12:22 | Report Abuse

Every now and then, there is a syndicate doing this kinda selldown.
17 July once, 12 Sept once, and now. Too many chartist want quick money.

Since it's easier to manipulate the chart considering it's easier to just say "downtrend!" or "Support Broken!" than doing value studies that this is a good company with good governance. Last quarter proved without SST, sales is still going strong.

Last time also got such selldown, RM2.25 to RM2 bounce straight back to RM2.5
But after each long gap down usually followed by stronger uptrend. This time drop to RM2.4 and bounce RM2.8 next stop? Classic shake weak holder move.





RJ87

5,095 posts

Posted by RJ87 > 2023-11-02 12:29 | Report Abuse

I tracked the trade. I think the fella short sell around 300-500K shares to create panic. He probably closed his short position. Total trade is 3million, don't know how many shares he collected on discount.

See, short position makes 1-2%, collect extra 0.5-1m shares on discount. By the time back RM2.5. 4-5% profit for 1 day work also not too bad. Range bounded stocks like bauto offers such opportunity.

RJ87

5,095 posts

Posted by RJ87 > 2023-11-07 09:25 | Report Abuse

Weak holder gone…next stop Rm2.8?

Paul Tan

146 posts

Posted by Paul Tan > 2023-11-07 12:31 | Report Abuse

cx-5 facelift finally coming

https://paultan.org/2023/11/07/2024-mazda-cx-5-facelift-spied-in-malaysia/

Posted by weixuan0325 > 2023-11-07 12:48 | Report Abuse

recover back after a big drop on last Thursday...I guess it will go sideway for a while until next qr announce...

Posted by Hatiharihari > 2023-11-10 14:21 | Report Abuse

Biar saja selagi mereka tak buat shorting

RJ87

5,095 posts

Posted by RJ87 > 2023-11-17 15:46 | Report Abuse

Mazda’s TIV rose to 1,753 units (25.8% MoM, 72% YoY), implying another strong achievement in Oct 2023. Sales volume growth will continue to be supported by updated model offerings and healthy booking rates for the CX5 and CX30 models.

Post a Comment