BETAMEK BERHAD

KLSE (MYR): BETA (0263)

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Last Price

0.39

Today's Change

0.00 (0.00%)

Day's Change

0.385 - 0.39

Trading Volume

57,000

Overview

Market Cap

176 Million

NOSH

450 Million

Avg Volume (4 weeks)

905,627

4 Weeks Range

0.365 - 0.43

4 Weeks Price Volatility (%)

38.46%

52 Weeks Range

0.31 - 0.57

52 Weeks Price Volatility (%)

30.77%

Previous Close

0.39

Open

0.385

Bid

0.385 x 486,500

Ask

0.39 x 52,400

Day's Range

0.385 - 0.39

Trading Volume

57,000

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#3] | 24-Jan-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 25-May-2024

T4Q P/E | EY

8.27 | 12.09%

T4Q DY | Payout %

7.69% | 63.64%

T4Q NAPS | P/NAPS

0.33 | 1.18

T4Q NP Margin | ROE

9.56% | 14.28%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: AUTO PARTS

Subsector: AUTO PARTS

Description:

Betamek Berhad is a Malaysia-based investment holding company. The Company operates through its subsidiary, Betamek Electronics (M) Sdn. Bhd. Betamek Electronics (M) Sdn. Bhd. is engaged in providing full-service electronics manufacturing services, including designing, development, manufacturing, and marketing of electronic products and components for the automotive and consumer markets. The Company operates through two segments: Vehicle audio and visual products, and Vehicle accessories. The vehicle audio and visual products segment is engaged in designing and manufacturing vehicle audio products and components comprising car infotainment systems and audio video accessories. The vehicle accessories segment is involved in designing and manufacturing vehicle accessories, such as air conditioning control panels, universal serial bus (USB) chargers, mirror switches, switch clusters, and power sockets.

Discussions
2 people like this. Showing 50 of 1,055 comments

45AMG

volume still low, still under radar.. need volume to push

2023-05-19 14:50

cK1973

have to sustain at 47 and move above 50...
market still very weak....

2023-05-22 13:47

cK1973

hope to c a good QR result ....

2023-05-22 13:47

cK1973

good news coming or bad news?
price didn't move much....

2023-05-23 09:32

cK1973

stagnant ???
let's c what happen in coming days

2023-05-23 16:21

cK1973

no one want to play ka....
kesian ....

2023-05-24 16:46

tnang

very good QR, will move up.

2023-05-26 09:13

jasonwong92

Yes hopefully

2023-05-26 13:18

cK1973

akamai good QR but price still stagnant....
apa macam ni?

2023-05-26 13:47

tnang

kena tanya Tun? jangan gaduh, focus goreng beta.

2023-05-26 15:08

cK1973

very tricky this counter...
no longer follow trend or perhaps trend has changed???
Let's re-study this counter....

2023-05-27 10:06

jasonwong92

Despite good QR still keep dropping lol

2023-05-29 20:46

cK1973

small/penny counters r like that...
good or lousy QR, doesn't matter much...
whether operators wanna goreng or not only ma....

2023-06-11 11:49

cK1973

stagnant already.....
apa macam ni????

2023-06-13 13:52

BursaKakis

Betamek partners with China-based company to venture into Asean auto industry
https://theedgemalaysia.com/node/671285

2023-06-15 14:58

FinanceInRealLife

Post removed.Why?

2023-06-22 18:49

Stocker

gogogo

2023-06-27 09:31

cK1973

under value ma...
but better go to other counter la....
cosmos, anyone?

2023-07-01 15:13

willee2

will hover 450 to 500

2023-07-17 22:57

dompeilee

Re-purchased Betamek @ 47.88c average after 1st round(buy 55c,SELL 57.5c) last year.

2023-07-21 17:48

speakup

Tun M counter. If PN kalah, sure Betamek drop big

2023-07-21 19:39

speakup

Tak percaya? Go here, see Mahathir name: https://www.betamek.com.my/page/

2023-07-22 11:29

AlanKLNg28

Limit up!

2023-07-24 14:29

dompeilee

dompeilee

Re-purchased Betamek @ 47.88c average after 1st round(buy 55c,SELL 57.5c) last year.

2 days ago

😎☝🍻

2023-07-24 14:52

m3379

🚀 🚀

2023-07-24 16:08

speakup

dompeilee a fan of Tun M?

2023-07-24 21:27

AlanKLNg28

Really such a hopeless counter. Got contract and give dividends still down!

2023-07-27 10:20

PennyStock123

Despite good QR still keep dropping.....

2023-08-01 16:46

Gggggg

Look into larger graph

Technically forming smthing..

Hopefully good things

2023-08-04 12:02

Gggggg

When good qr, good company mx

Look into technical aspect during trading

2023-08-04 16:17

Gggggg

Possible cup?

2023-08-10 22:16

PennyStock123

wow!!....moving orady

2023-08-24 15:51

kl_guy

if perodua merge with sime ....mbmr volume will increase ...beta will also benefit . look like beta future eps will increase.

2023-08-24 21:50

speakup

Sime may have their own vendors, may ask Perodua to switch to theirs

2023-08-24 22:03

apalahaha67

Haha... These heavenly analysts so wrong about beta. Sell off la when you still can. Will drop drop drop.

2023-09-13 10:01

Vicky

Fully gap down besok. MoU Singapore kena terminate !

2023-09-13 21:11

tnang

Beta uptrend form, good signal to enter

1 month ago

slts

Tis penny stock got good fa

1 month ago

haziqaz

Mirzan MD Betamex Bhd disiasat SPRM isu Tun M arah Petronas ‘bailout’ Konsortium Perkapalan Bhd

https://www.thecorporatessecret.com/blog/2024/01/18/mirzan-pengerusi-betamex-bhd-disiasat-sprm-isu-tun-m-arah-petronas-bailout-konsortium-perkapalan-bhd/

1 month ago

speakup

isnin betemek ni limit down?

1 month ago

slts

Limit up up all the way

1 month ago

Medusa

Runnnnnnnnnnnnnnnnnnnnnnnnnn

Cuci duit buy shares

Kikiki…

1 month ago

EatCoconutCanWin

Limit down for sure

1 month ago

EatCoconutCanWin

5years jailed confirm. Anak ayam betui

1 month ago

Believe3222

need papa help again

1 month ago

Starship2

72 % owned by Iskandar Hldgs ..which in turn is about 72 % owned by Mirzam Mahathir based on online data

1 month ago

Starship2

Looks like he is also the CEO of the company

1 month ago

hhhiii123

I am thinking to buy, i better avoid it, later kena forfeit by MACC lol

1 month ago

Medusa

Limit Up or Limit Down?

Kikiki…

PETALING JAYA: Mirzan Mahathir, the eldest son of former Prime Minister Dr Mahathir Mohamad, has been in the news for all the wrong reasons recently.

However, his company Betamek Bhd has brought him some cheer after its net profit surged 205% to RM5.05 million in its third quarter ended Dec 31, 2023 (Q3 FY2024) from RM1.66 million a year ago.

For the nine-month period to Dec 31, 2023, net profit increased 46.88% to RM15.51 million from RM10.56 million a year ago, while revenue rose to RM166 million from RM149.76 million in the comparative period.

The two-fold jump in quarterly profit was on the back of “strong demand” for its automotive electronics products and components from main customer Perusahaan Otomobil Kedua Sdn Bhd (Perodua), it said in a statement yesterday.


The electronics manufacturing services (EMS) provider’s quarterly revenue rose 8.2% to RM59.22 million from RM54.73 million a year earlier on higher revenue contribution from both the vehicle audio and video (AV) products and vehicle accessories segments.

Betamek declared a second interim single-tier dividend of 2 sen per share for the financial year ending March 31, 2024, to be paid on Feb 23.

Mirzan, 65, has a 72% deemed interest in the company via Iskandar Holdings Sdn Bhd, an investment holding company.

Betamek was established some 33 years ago through its wholly-owned subsidiary Betamek Electronics (M) Sdn Bhd. In the early 1990s, Mirzan became a major shareholder of the company.

Its No. 1 customer Perodua was founded in 1993 as the second national car maker, a project inspired by Mahathir as part of his grand strategy to speed up Malaysia’s industrialisation.

MACC probe

On Jan 18, the Malaysian Anti-Corruption Commission (MACC) confirmed Mirzan had been given 30 days to declare all his assets, both in the country or abroad.

The MACC said the order was an extension to an investigation being carried out in relation to information contained in the Panama Papers.

The anti-graft agency said it was also looking at Mirzan’s business activities related to sales and purchases of government-linked companies.

The next day, Betamek said it continues to operate its business “as usual” despite its managing director (Mirzan) being called by the MACC to assist with a probe.

“We wish to announce that the said investigation is unrelated to Betamek.

“As such, Betamek operates its business as usual without any interruption on our production and delivery of products to our customers,” the company said in a filing with Bursa Malaysia.

The company was listed on the ACE Market on Oct 26, 2022, at an IPO price of 50 sen. Its shares closed at 41 sen yesterday, valuing the company at RM184.5 million.

1 month ago

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