BERMAZ AUTO BERHAD

KLSE (MYR): BAUTO (5248)

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Last Price

2.53

Today's Change

-0.01 (0.39%)

Day's Change

2.52 - 2.60

Trading Volume

7,560,200

Changes
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Discussions
13 people like this. Showing 50 of 4,646 comments

EngineeringProfit

YOu're so right

3 weeks ago

weixuan0325

Everytime hit 2.47 pancit haha...anyhow still a resilient stock

3 weeks ago

cwc1981

So many quarterly results got good surprise. Hope mazda next month also same

3 weeks ago

MalaysiaEquityGuide

https://www.youtube.com/watch?v=zenNKbnf4dU

Please subscribers our chanel we will share more detinf in comming weeks.

3 weeks ago

MalaysiaEquityGuide

Genting Bhd Technical and Fundamental analysis good video

https://youtu.be/CJfHNjr3wUQ

3 weeks ago

Max2838

Watch Bermaz Auto Philippines performance on sales of Mazda cars for FY24…
…..a 100% increase yoy

3 weeks ago

cwc1981

Wow

3 weeks ago

neohts

EPF continue disposal at big volume ? WHY ?
Better wait and see first.

3 weeks ago

cwc1981

Car sales increase by 21% last month

3 weeks ago

cwc1981

Should benefit bauto

3 weeks ago

neohts

https://www.thestar.com.my/news/nation/2024/05/21/perodua-unveils-new-ev-prototype-at-malaysia-autoshow-2024

Perodua unveils its EV prototype at Malaysia Autoshow 2024.

SERDANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is making significant strides towards introducing its inaugural electric vehicle (EV) model with the unveiling of its first working prototype, the MyVI Conversion.

President and CEO Datuk Seri Zainal Abidin Ahmad said the company is confident that it will be able to roll out its first EV model by the end of next year.

"We try to do it by the end of 2025, as the development is maybe less than three years.

"What I can say here is that the price will not be more than RM100,000 and no less than RM50,000.

3 weeks ago

Max2838

https://www.reuters.com/business/autos-transportation/volkswagen-xpeng-ink-deal-develop-two-b-class-battery-evs-2024-02-29/

Bermaz Auto Bhd (BAuto) awarded the distributorship and rights for the sale of spare parts and provision of after-sales services of China’s XPeng smart electric vehicles (EVs) in Malaysia....

https://www.freemalaysiatoday.com/category/business/2024/03/15/bermaz-auto-gets-buy-call-after-xpeng-deal/

Expect more options and more new car launches in 2H2024

3 weeks ago

Waller

Look forward to Bauto declaring dividends in July 🤗

2 weeks ago

cwc1981

No need wait till July. Mid June will know

2 weeks ago

SinGor

I am think of Buying a small EV to Buy "mixed Rice" or Kopitiam morning visit----Spending RM100,000 is too
much ( over kill )

2 weeks ago

neohts

Perodua EV cheaper. Not more than RM100k and not less than RM50k. So far Perodua model quite reliable.

2 weeks ago

Max2838

golden cross 20 days x 50 days....better days ahead?

2 weeks ago

cwc1981

Up never see 5 cents but can drop 5 cents

2 weeks ago

weixuan0325

This counter is like that I'm used to it already...If share price rises maximum 5 cent won't go more than that but once in a blue moon only and might drop back the other day...anyhow the share price will recover back but takes time...

2 weeks ago

cwc1981

OK bro just feel haizzz

2 weeks ago

weixuan0325

The fundamental of this company is very robust considered as one of the resilient stock better than invest in FD...

2 weeks ago

Thirai Thiraviam

neohts:
> The total number of shares is 86,800, hardly 0.0074%, and the amount in question is RM26k. The management is doing this to create a sense of ownership among a select group of employees, I suppose.

1 week ago

Thirai Thiraviam

Dear investor -

Yesterday, I took a position in BAUTO, as it looked undervalued. However, upon closer examination, I found its revenue to have gone up by over 50% in a year. Anyone here knows why the sales shot up last year?

Also, Income from Continuing Operations appears to be significantly higher than Cash Flow from Operations. This suggests that a significant part of the company’s earnings might be based on accruals rather than actual cash flows.

I wish to take a stronger position in BAUTO, but the above gives me a pause. What am I missing? Any insight would be much appreciated. Thanks. :-)

1 week ago

Max2838

Yes, the high car sales in Malaysia in 2023 compared to 2022 can be attributed significantly to the exemption of the Government's Sales and Services Tax (SST) on cars. The SST exemption was a policy introduced to stimulate the automotive industry, especially in the wake of the economic challenges posed by the COVID-19 pandemic. This tax incentive effectively reduced the cost of purchasing a vehicle, making it more attractive for consumers to buy cars.

Here are some key points that explain this trend:

SST Exemption Policy: The Malaysian government reintroduced the SST exemption for cars as a measure to boost the automotive sector. This exemption effectively reduced the overall price of new cars, encouraging more people to make purchases.

Economic Recovery: As the economy started to recover from the impacts of the pandemic, consumer confidence improved, and people were more willing to spend on big-ticket items like cars.

Pent-Up Demand: There was a significant pent-up demand from consumers who delayed their car purchases during the pandemic years. With the SST exemption and improved economic conditions, many chose to buy cars in 2023.

Automotive Industry Support: The government and automotive industry stakeholders, including car manufacturers and dealers, actively promoted the benefits of the SST exemption, further driving sales.

Overall, the combination of the SST exemption, economic recovery, and pent-up demand played a crucial role in driving the unusually high car sales in Malaysia in 2023 compared to 2022.

1 week ago

Max2838

On ESOS shrs for employees...
perhaps BAuto can look into rewarding more ESOS for employees based on merit rating on performance. Like for Bermaz Philippines CEO & team that has performed extremely well in FY24 vs FY23. As todate 9 mths FY24, Bermaz Philippines has already exceeded the 12 mths FY23's revenue by some rm50 M. So, we can some expect some 60% increase in revenue contribution from Bermaz Philippines for FY24. Such CEO & team should be rewarded exemplarily....

https://www.autodeal.com.ph/articles/car-features/mazda-leads-in-after-sales-service-satisfaction-2023-can-2024-surpass

1 week ago

Max2838

In the first quarter of 2024, the GDP of the Philippines grew by 5.7% compared to the same period in the previous year. This growth was driven primarily by the financial and insurance activities sector, which grew by 10%, as well as the wholesale and retail trade, and the repair of motor vehicles and motorcycles sector, which expanded by 6.4%. The manufacturing sector also contributed with a growth of 4.5%.

We also have growth in Malaysia....more in traffic jams...

1 week ago

Waller

What is Paramon, neohts? new pokemon? 😆

1 week ago

Max2838

Malaysia TIV (Total Industry Vehicles)
2023 (Feb-Apr) =190,244 vehicles
2024 (Feb-Apr) =193,333 vehicle
In Malaysia, number of cars sold in 4QFY24 are about the same as 4QFY23.
Likely similar revenue for BAuto of about RM 1B. for 4QFY24.

1 week ago

chemistry

Am quite worried about this year revenue/profit. I went to check figures from data.gov.my , sales of Mazda all models are plunging this year. From June-2023 till now, already can see the downtrend in revenue and profit, each quarter lower and lower.

6 days ago

SinGor

I think Qr results Out next week----let the numbers speak

6 days ago

Max2838

Proton Edar Sdn Bhd chief executive officer Roslan Abdullah said May saw a return to positive growth as TIV increased both year-on-year and month-on-month basis, reflecting the resilience of the local automotive industry.

“With the cumulative TIV until May already making up 44.6 per cent of Malaysia Automotive Association (MAA)’s full-year projection of 740,000 units, we believe there is still room for growth in the local automotive industry,” he opined.

6 days ago

Max2838

Malaysia’s TIV, which is estimated to have grown by 20.7% to about 70,000 units in May, and rose by 8.8% to 330,236 units year-to-date.

Proton has announced its car sales have gone up by 14% in May.
No news yet from Mazda, Perodua, Toyota, etc......

3 days ago

Max2838

Tan Teng Boo @CapitalDynamics is optimistic on China, on EVs, on autonomous driving and on XPeng EV G6....
XPeng G6 to be launched soon.
BAuto is now on autonomous driving with one foot on the Forward gear (XPeng & Kia EVs) and another foot on the Reverse gear (Mazda SUVs).....

https://youtube.com/clip/UgkxVuCpjVSkBcItQI48vyIMD4qYsOvJxEwC?si=vnBHRf3Q-ksGQU14

3 days ago

SinGor

Manila and Bangkok traffic Jam remain the same even petrol price is much higher than KL---Maybe some knee
jerk effect but those that can afford Mazda are quite rich to start with---maybe Axia demand might drop

1 day ago

SinGor

11.75 sen Dividend this Qr

1 day ago

SinGor

according to management, last year, Big rush to beat SST---inflated revenue & profit

1 day ago

Fabien _the efficient capital allocator

This is my dividend staples. 13% yield based on cost price.

1 day ago

weixuan0325

even yoy decrease -10% it's still considered an outstanding quarter result...

1 day ago

weixuan0325

qoq increase +27% all time high PAT and revenue for year 2024...

1 day ago

Max2838

BAuto results better than expected….
Gross Profits FY24 vs FY23….
Malaysia +30M or up 9%
Philippines +30M or up 97%
Associates(Inokom) +11M up 28%

Overall Net Profits +50.5 M or up 15%
Dividend per year at 26 sen is better than last year 22 sen

Let it ride….FY25 will be electrifying as fuel price n inflation heats up….

1 day ago

Max2838

BAuto FY25 drivers....
√ Philippine car sales
√ Kia Electrics
√ XPeng Electrics
√ Mazda Hybrids

Positive Economic transformation starts in Malaysia....
√ Diesel n Petrol price increase Jun 2024- June 2025
√ Consumption, car sales, traffic jams, parking rates, etc. will also increase....

17 hours ago

Fabien _the efficient capital allocator

Targeted fuel subsidies may drive demand for affordable EVs, potentially increasing hybrid and EV adoption in Malaysia. Xpeng G6 to be launched in August.

15 hours ago

Waller

Nice, Bauto hits all time high today 🔥
https://theedgemalaysia.com/node/715122

10 hours ago

JackTan1217

Management give bad outlook... Time to run

7 hours ago

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