MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

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Last Price

4.48

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

1,751 Million

NOSH

391 Million

Avg Volume (4 weeks)

646,366

4 Weeks Range

4.39 - 4.66

4 Weeks Price Volatility (%)

96.14%

52 Weeks Range

3.24 - 4.66

52 Weeks Price Volatility (%)

96.14%

Previous Close

4.48

Open

0.00

Bid

4.60 x 2,500

Ask

4.40 x 400

Day's Range

0.00 - 0.00

Trading Volume

0

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#4] | 28-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 25-May-2024

T4Q P/E | EY

5.24 | 19.10%

T4Q DY | Payout %

8.71% | 45.58%

T4Q NAPS | P/NAPS

5.45 | 0.82

T4Q NP Margin | ROE

15.38% | 15.70%

Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: AUTOMOTIVE

Subsector: AUTOMOTIVE

Description:

MBM Resources Bhd is a Malaysian company which is in the business of motor trading and manufacturing of auto parts. It has Motor trading, Auto parts manufacturing, Property development and Others segments. Motor trading segment covers marketing and distribution of motor vehicles, spare parts and provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration and harshness products and provision of tyre assembly services. Property segment includes development of menara MBMR and Others segment encompass investment holding, corporate headquarter and dormant companies. Motor trading segment generates most of the revenues for the company.

Discussions
2 people like this. Showing 50 of 2,354 comments

abc333

told you those panic sell will regret.

2 months ago

GLNT

Malaysia's turn to resume once govt gives the green light? Haha

2 months ago

Ayong21

Wow, seems nobody cares about the safety issue. It's true that for perodua, price and fuel savy come first, safety is last and doesn't matter at all. Guess it's time to open margin and all in now, if not there is no chance to up car anymore.

2 months ago

super911

It's not the cars that are having problem, just the test not done according to standard. So I think Perodua business will continue as usual.

2 months ago

sooncy8

没有事情了。

2 months ago

SeekUndervalued

"The company subsequently decided to stop all shipments both in and outside Japan, though they have resumed in Indonesia and Malaysia after the countries' government regulators approved continued sales" by Kyodo News. Perodua production will continue as expected. Those that sell cheap that day really feel regretted I assume.

2 months ago

GLNT

fcwong, if you wait until the issue is settled, share is already breaching new highs.

2 months ago

Paul Tan

still dropping 🤷🏻‍♂️

1 month ago

SeekUndervalued

Dropping because of new CEO?

1 month ago

WannaBeTechAnalyst

I think the dropping because the new appointed CEO has lesser experience in automotive business as compared to previous CEO which has vast experience in automotive background; or maybe the new CEO news bring back out the Q3 report gains boosted by land sale which happened in Nov'23; maybe no-fact checker just panic sell.

https://theedgemalaysia.com/node/695764

1 month ago

Hush77

business as usual. the previous CEO already inform few months back that he is leaving.
New CEO has experience in M&A. So he might be able to unlock value of this hidden gem..

1 month ago

SeekUndervalued

The new CEO has a bachelor of arts in engineering and a masters in engineering from the University of Cambridge, UK so I presume he should be okay. Engineering and automotive should be related directly or indirectly with each other.

1 month ago

WannaBeTechAnalyst

Anyway it could be profit taking for swing trader but the drop is minor. Managed to exit before the panic kicks in and accumulate back at RM4.16 seeing the sellers are losing momentum but.. I could be wrong then buys more at lower price ~

1 month ago

GLNT

EPF blocking again? Yawn....

1 month ago

Amazonboy

Sugar in d engine...can go up...Lol

1 month ago

SeekUndervalued

@Amazonboy, of course can go up. You know the title “King of the Road in Malaysia” belongs to which brand or not. Hahaha. Awaiting for the next dividend from MBMR.

1 month ago

Hush77

Maybe takeover offer "akan datang"

1 month ago

DividendGuy67

MBMR closed 4.30. +2.38%. Thanks to MBMR, TENAGA, MAYBANK and 24 other green stocks offsetting 11 red stocks, my portfolio made new all time high again today!

1 month ago

SeekUndervalued

@Hush77, so fast takeover offer "akan datang"? I still haven't eat enough the dividend... Unless the takeover offer is very attractive. What is your forecast for the "takeover offer"? RM 5.50?

1 month ago

Hush77

"Kenanga favours MBM Resources Bhd in the sector, with a TP of RM5.50, for its exposure to the economical Perodua brand and the stock’s 11% dividend yield. "

1 month ago

Paul Tan

case closed, affected model is granmax pasar malam pickup truck

perodua models not affected

https://paultan.org/2024/01/16/daihatsu-procedural-irregularities-rectification-order-issued-3-vehicle-type-approvals-revoked/

1 month ago

SeekUndervalued

Very strong foundation at the 4.29 and 4.30. Very stable.

1 month ago

Paul Tan

finally some movement today after barcoding for so long

1 month ago

QQQM99

Any good news coming?

1 month ago

Lyo82

No bad news is a good news.

1 month ago

Paul Tan

japan resume production liao https://www.daihatsu.com/news/2024/20240130-4.html

4 weeks ago

Diamond7

Trending up up again!

3 weeks ago

Paul Tan

its quarterly report month, people FOMOing hehe.

3 weeks ago

Hush77

it punch through upper resistance.... more to come...

3 weeks ago

Paul Tan

did we hit all time high briefly?

3 weeks ago

DividendGuy67

Yes it did. All time high. Looking good.

3 weeks ago

DividendGuy67

MBMR closed 4.66, making new All Time High again today.
Thanks to MBMR, MAYBANK, FPI and other stocks, my portfolio also made new all time high again today.
Thank-you Mr Market!

2 weeks ago

Paul Tan

price dropping, people scared to hold through earnings ah?

1 week ago

geary

MBMR...added average @4.00...rationally should be around #5.00/5.50.🤓

1 week ago

PureInvest

Just reported (according to MAA):

Jan'23 all new car sales - 50,168 units.
Jan'24 all new car sales - 65,499 units (Higher than Year'23 sale figures).
Feb'24 all new car sales - Expected to be lower due to shorter number of days & Chinese New Year).
Dec'23 all new car sales - 78,398 units (Generally, it is higher due to year-end sale promotions).

From the reported figures, companies should be reported to still continue to do well.

1 week ago

yilonma

Dividend announcement next week!
2022 - 28 cents @ RM2.80 average = ~10% pa
2023 - 66 cents @ RM3.60 average = ~18% pa

6 days ago

Paul Tan

when announcement

1 day ago

yilonma

Announcement is due 29 Feb if you search for MBMR https://klse.i3investor.com/web/financial/quarter/upcoming
But quite scary, seeing the number of people selling

18 hours ago

keithtrade

Some insiders got word result is disappointing maybe?

16 hours ago

alibiii

result good but no dividend

14 hours ago

PureInvest

MBMR's total EPS for year 2023 is 85.56 ct.
NTA is 5.45.
PE is 5.24.
Bauto's PE is 7.62.
DRBHCOM's PE is 23.57.

Looking at MBMR's non-declaration of dividend for 4th Qtr 2023 may be good in view of the followings:

1. To reflect the real intrinsic value of MBMR, the share price, even if taking Bauto's PE of 7.62, MBMR's share price should be (85.56 x 7.62 = RM6.51).

2. Even, if taking MBMR's PE of 6.5, its share price is (85.56 x 6.5 = RM5.56), which is the IB's Target Price projection of RM5.50 and also it is slightly higher than the NTA of RM5.45.

3. Looking at it, the non-declaration of a decent dividend for 4th Qtr 2023 may reveal many good stories ahead.

Well, we are investing in long term basis because all the business sectors in MBMR are showing excellent business performance and Perodua's cars/vehicles are still the king of the road in view of the followings:

1. SST of 8% will affect more on the higher end car/vehicle prices as SIME is going to announce increase in prices.

2. Perodua cars/vehicles are the best fuel consumption cars/vehicles and loved by Malaysians.

3. And so on.

12 hours ago

Dakewlest

Pure invest, Just curious, why no dividend is good?

10 hours ago

ChloeTai

Last time got special dividend of 20 sen. But on ex-date, the share price in adjusted down 20 sen and could not recover.

8 hours ago

PureInvest

Retained earning increase the Reserve & goes into the NTA and shall be reflected into the share price eventually.

That is my opinion.

32 minutes ago

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