BERMAZ AUTO BERHAD

KLSE (MYR): BAUTO (5248)

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Last Price

1.60

Today's Change

+0.03 (1.91%)

Day's Change

1.55 - 1.61

Trading Volume

2,892,400


17 people like this.

4,979 comment(s). Last comment by tan1828 2 days ago

cwc1981

1,487 posts

Posted by cwc1981 > 2 weeks ago | Report Abuse

Looks like lots of comrade here agree this counter is for long term. Hope retailer see this short term gain is quite not possible during these difficult period

Amazonboy

826 posts

Posted by Amazonboy > 2 weeks ago | Report Abuse

Luckily not stuck here...good luck...Lol

Posted by weixuan0325 > 2 weeks ago | Report Abuse

Big shark dumping shares...didn't expect it will be so intense...

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

Mazda = Muzieum
When np drop kaw kaw , do u think u can still get huge dividend , if yes then they are eat old rice !

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

Hold longer loss bigger !

Amazonboy

826 posts

Posted by Amazonboy > 2 weeks ago | Report Abuse

Epf never sell no need to panic...but wll take time..

Posted by weixuan0325 > 2 weeks ago | Report Abuse

EPF and PNB is still sleeping...let's wait and see is there any disposal of shares announcement in the coming days by major shareholder...

iscmob

88 posts

Posted by iscmob > 2 weeks ago | Report Abuse

BTW, eMas7 is fully imported and not assembled locally.

M55555

1,109 posts

Posted by M55555 > 2 weeks ago | Report Abuse

So many EVs brands ... i already lost count. Macam smartphones. Why? , must be good profit. Tax exempted also selling over 100k .. kaya laaaa , no wonder non stop launching . No need road tax lagi

ICE Vehicle pay tax but still can sell below 100k

https://www.mgtc.gov.my/2024/11/malaysia-announces-tax-incentives-for-electric-vehicles/

StarOfTheBull

8,067 posts

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Dropping like this it could be back to RM1.50 as three years ago.

Posted by Azam Sahlan > 2 weeks ago | Report Abuse

bought at 1.67. Hope will get nice dividends above 6% yearly from this RM1.67.

When the price get to maybe RM2.50 in 4 or 5 years can sell with good profit :)

cwc1981

1,487 posts

Posted by cwc1981 > 2 weeks ago | Report Abuse

The bosses are buying. Hope they have counter measures to overcome the current issue in the local automotive storm. But this storm by Chinese cars is really no joke

tan1828

3 posts

Posted by tan1828 > 2 weeks ago | Report Abuse

Dropped more than 8% today

Max2838

514 posts

Posted by Max2838 > 2 weeks ago | Report Abuse

In short....Malaysia's vehicle market is expected to be cautious in 2024 and 2025 due to factors such as: 
- Malaysian automakers' earnings dipping in 2024
- Higher costs
- "Aggressive" Chinese OEMs
- Excise duty and high value items tax
- Sales tax exemptions for locally assembled completely knocked down EVs
- RON95 subsidy cuts for 15% of income earners, raising cost of living concerns. Fuel prices could spike
- MRT3 , LRT3 means less use of cars...

Bermaz needs to rebrand itself , perhaps an assembler of China OEMs?
The risk of Mazda Co. following the path of Nissan on a merger to survive?

cwc1981

1,487 posts

Posted by cwc1981 > 2 weeks ago | Report Abuse

Bermaz has 11percent stake in EPMB which assemble vehicle for Haval but they are not the distributor. ChangAn already have factory in Thailand definitely will come here next year just do not know whether ChangAn be here on it own or appoint distributor

mf

29,421 posts

Posted by mf > 1 week ago | Report Abuse

Name
Last
Chg.
Chg. %
Vol.
Time
Bitcoin
101,312.5 -5,171.8 -4.86% 162.72K
15:08:34

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

No sign of recovery

SinGor

4,966 posts

Posted by SinGor > 1 week ago | Report Abuse

donT confused Mazda and Proton Saga.....Mazda, Mercedes, Lexus are for Rich people ( only design matter
money no problem ) People become rich when economy Climbs.....In Malaysia CEO dont drive Axia to work

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Can elaborate a bit bro?

iscmob

88 posts

Posted by iscmob > 1 week ago | Report Abuse

The hike of Ron95 has a long term implication for electrification. Consider it. Besides, the press did echo this recently.

iscmob

88 posts

Posted by iscmob > 1 week ago | Report Abuse

EPF bought half a million units yesterday ...

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Until the sales improve, the price will continue in depress

iscmob

88 posts

Posted by iscmob > 1 week ago | Report Abuse

i hope it bottoms up soon and also hope xpeng sales hit 900 by next Apr.

SinGor

4,966 posts

Posted by SinGor > 1 week ago | Report Abuse

bauto management brings in Top end of Madza Brand Or Chinese EV ( maximise profit ) When petrol no longer
Sell, there is always EV Brand---Most important Economy must keep growing

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Seems like this bermaz is in deep trouble looking at the rate it drop. Everyone who still holding and cutting lost is suffering with heavy losses including myself. Haizzz

Posted by weixuan0325 > 1 week ago | Report Abuse

Big shark still not yet finish unloading...if can't manage to cut loss in time better don't do anything just let it be...

Posted by weixuan0325 > 1 week ago | Report Abuse

Got rebound also "dead cat rebound" their tactic to lure retailers in...don't catch falling knife share price might sink deeper to 1.20...

Amazonboy

826 posts

Posted by Amazonboy > 1 week ago | Report Abuse

Bursa is like a casino...u place your bet@ the wrong place & time u lose...

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Everyone is losing money with Bermaz because EPF is the 2nd largest shareholder with almost 14%. Really hope the bosses has remedies to stop the sliding and regain the shareholder confidence

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Already lost 26% from the all time high

Posted by weixuan0325 > 1 week ago | Report Abuse

EPF doesn't care because they use our money to invest...Sbb from directors won' help much as the volume is just minimal...

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

True

Tanleechoo

460 posts

Posted by Tanleechoo > 1 week ago | Report Abuse

All Japanese cars will be affected by entry of china cars ..

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Hi weixuan0325. The share bought by the directors doesn't consider as share buyback for BAuto as the share is bought under Dynamic Milestone is a holding company co owner by few directors. So it doesn't involve any money from BAuto the share are bought with directors own money through this holding company.

onekeyman

43 posts

Posted by onekeyman > 1 week ago | Report Abuse

any insider here? this company still ok?

Posted by value_seeker > 1 week ago | Report Abuse

Most likely will drop until oversold. But what is the oversold point? That is of interest to value investor.

dawchok

628 posts

Posted by dawchok > 1 week ago | Report Abuse

Poor latest quarter earnings and worst still it was magnified by the wrong pessimistic note in the report. Double down lol

Posted by garydonald21 > 1 week ago | Report Abuse

The most important point is where is the stopping point of the falling trend. I guess EPF also catch the wrong ball at the wrong field like myself, I though yesterday will be the rebound point so I decided to buy in, like what EPF did they buy in 500k, I buy in 5k,hahahhah who know this morning when I look at US market. Aiyo. Hope 1.55 is their lowest

Posted by weixuan0325 > 1 week ago | Report Abuse

Yes I know I mean shares acquired by the 3 directors...I should use "acquired" instead of sbb my bad...

Cheers

153 posts

Posted by Cheers > 1 week ago | Report Abuse

EPF buy more the stock will drop more don't follow epf

Greg14

28 posts

Posted by Greg14 > 1 week ago | Report Abuse

Same I bought in some at 1.6+, but still keep some cash in hand, speculating when lowest point/acceptable price enter again further pull down buying price haha

pujut

154 posts

Posted by pujut > 1 week ago | Report Abuse

Bilalah mau jatuh sampai rm1 ni lambatnya nak tambah lagi ni

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Never expect the drop can be this bad. If this drop prolong slowly will go Sime and others auto related counter maybe with an exception of MBMR because producing for perodua which is shielded from the blood bath

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Those outsource EPF fund manager really daring aquire when price dropped 25%. Not their money so aggressive also no problem. Haha

Greg14

28 posts

Posted by Greg14 > 1 week ago | Report Abuse

year end and new outlook for private vehicle next year with petrol subsidy removal and EV rising popularity bah.. really have to hold and see, cut loss that boat had sailed away for me, now is only average down price for longer term holding/value only

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Greg14 I admire your spirit but seeing the price keep sliding is very painful like what I'm enduring now. Don't know when can see the light. Anyhow good luck to everyone

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

Hi guys the above article may worth reading. As this new tax system on the 1st of January 2025, CKD price may go up to 20%. Let assuming the price Omoda C9 currently sold at 188k with 20% increase the price will go up to 228k. Again let assume the new cx60 CBU is price at between 250k to 260k for 2.5cc PHEV, which one will you all pick? Maybe this can be one of the advantage for small auto player like Bermaz. Do fund manager also see this?

cwc1981

1,487 posts

Posted by cwc1981 > 1 week ago | Report Abuse

The price range for new cx60 is assumption that mazda dealer expect. It doesn't come from my imagination. Haha don't scold me ya

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