Yamaha Vietnam not easy to turaround in short term.
Other than Honda as biggest competitor, Vietnam local electric vehicle producer，Vinfast gaining momentum by capturing more than 100K unit market share vs Yamaha 470K unit sold in 2020.

HLINd profit now is nearly fully depends on Malaysia Motorcycle sales.
Investing agenda now is with
1. Undervalued
2. Dividend play.

For growth prospect, need see how HLIND play the magic .

Papayashot @ it was a fund raising exercise back to 2010. Something like right issue. Check 2010 bursa announcement or click on klse screener, capital change Tab

If ur aim is dividend, dun convert as PA js entitled 20% more dividend than ordinary share. If not mistaken, no deadline for conversion.

Thks Sardin

50M profit for the quarter. Seems market rumours on production disruption is valid. Management also highlighted production disruption due to global supply chain is a concern.
I went for market visit days ago. About 40% of outlet have Yamaha ready stock now.
1. Production bqck to normal or company enlarged production capacity ?
2. The long waiting period is due to production disruption or over demand ?
3. Current ready stock and shorten waiting period is due to capacity expansion or demand softeness ?
4. Some customer swirched to Honda to avoid long waiting Q previously

On Vietnam, current quarter sales output is comparable to previous Q1 ( yoy ), just the profit was lower. We dunno y yamaha so successful previously but suddenly sank recently. Only what we know is Honda too dominant on most market.

For immediate future, Yamaha will still be underperforming in Vietnam. Just hope that situatuon will overturn in 6 to 12 months time under new CEO from india.

Moving forward, key things to expect from HLIND
1. Continue strengthen Malaysia Yamaha market.
2. Cost cutting measure on malaysia operation to boost profit ( we have seen good progress now )
3. Fjrther discontinue loss making unit.
4. Increase dividend payout ratio on big cash.

# i missed the agm. Can anyone pls provide input on agm details. Thks

I email Yamaha as shareholder and they reply me as customer. Below are the reply :

Dear Customer,



Thank you for contacting Hong Leong Yamaha Motor Sdn. Bhd.



Our customer demand are higher than our expectation.



The manufacturing team are working their best to meet these demands and our production is also depending on the supplies from all of our authorized vendor.



The average waiting time could be up to 2 or 3 month, differs by the location as well as the customer waiting list for each shop. You probably could also check on the customer waiting list with a respective shop.





We appreciate and thank you for your interest towards Yamaha Product Range.

Thank you for your understanding.

复管期大反弹 摩托销量激增45% | https://www.klsescreener.com/v2/news/view/729817

Here is the link. But only hardcopy newspaper show the figure

I read from hardcopy, can't get the link

Expected profit level around 70M+ EPS more than 22 cents dividend should be able maintain 17 cents. With such QR, price will easily back to 8.++ Level

Nanyang Siang Pau 20:/9
July Motorcycle sales 58K unit +5.5% yoy
August 51K unit . Almost same last year.

A robust quarter for coming QR !!

If 100% dividend payout, PE will easily shoot to 20 with DY 5%, same like carlsberg heim

I just called Hong Leong Yamaha.
The answer provided to me is :
1. Production is normal, no disruption, with over time working.
2. Demand is good after MCO.

https://www.motorcyclesdata.com/2020/07/25/malaysia-motorcycles/

Finally I found out that the data in this link are not so accurate .
Data between two link not matched.

Thks x3mg33.

https://www.themalaysianinsight.com/s/248165

From the link, we see very strong motorcycle sales in January February, but hit in March due to MCO.

May have seen recovery , and further increment in June.

I m still looking at July data, but same as u, find no where.

Will update again once I have the data on long waiting period.

I have ask around the consumer market and few motorcycle shop ( small shop ) this few days. I was told there is long waiting period to get new Yamaha stock.
1. Is there over demand in the market for Yamaha new bike ?
( On revenge purchase after MCO )
2. Is there any disruption on Yamaha production line ?

Can anyone closed to the market can provide this answer ?
My sampling size is small, so I not so sure of the response I get.

For furniture, electrical shop, I was told the demand is very encouraging, out of their expectation ( post MCO ) as revenge buying really happened. Another reason of huge jump in furniture and electrical product demand is due to cash grant from government.

If the cash grant and revenge purchase do really happen, next QR will be very good !!
For production disruption, I think that the chance is quite slim.
But anyhow, still need to find out the answer

Share price completely manipulated.
Press down, side way, move up ...

Deliberate dumping is over. Slowly back to its value ^

On company boardroom change and Hume Roofing Product discontinuation, here are some CLUES on future corporate direction :

1. Dato Jim Khor, previously HL Yamaha MD, now become Hlind MD.
2. Discontinuation on Hume Roofing product .

Seems HLIND will solely focus on Yamaha ONLY in very short future.

Industrial product run by Hume Cemboard and Hume Roofing Product. Hume Roofing Product now ceased operation. What about Hume Cemboard ?

Very likely will be stopped also, or to be sold to Hume Industries under QLC corporate exercise. Just wait patiently if this happened. If eventually sold, this will be a boost to company cash position.
With money losing business unit being sold / stopped, future dividend payout will be increased accordingly.

Dato Jim Khor , a key person on HL Yamaha Malaysia, now Hlind Group MD, a huge signal that group will be fully focus on Yamaha, and HLIND shall change its name to Hong Leong Yamaha Malaysia Bhd soon.

By the time come, HLIND will be valued as a consumer company with simple product, HOPEFULLY with PE more than 10, rather than a conglomerate with diversified business division, where such company always valued at a huge discount due to difficulty to value each business unit.

12.50, nothing to lose, no way to fail, buy before cry @..@

Back to par value in panic market without hand of intervention. It is hard to say how much its valuation in forum. Goreng up and goreng down always happen.

Miaw Miaw ....

Picked up some dead chicken ^_^

Slow fire cook the frog. Yummy !!
Don't get me wrong, the frog is Yummy, not Aji ^_^

Allianz, top 40 most profitable company in Bursa with profit 492M for 2019.
Market capitalisation wise, it rank 57th. ( Today's Starbiz page 19, Allianz rank 88, however this does not include Allianz PA )

The King Returns ...

Wow wow 13.98

一路绝尘，不再回头

Price drop is good for accumulator. Price up is good for existing holder

Dead cat bounce . Miaw miaw ooooo

Demand for motorcycle or car, sometimes relate to demographic segmentation.

Few years ago, Yamaha market share 40% vs Honda 24%, and now 36% vs 31%. This is alarming signal though Yamaha Malaysia recorded historical high profit in Malaysia operation.

Ajinomoto, sedap sedapnya. Tambah sesedu lagi, lagi enak rasanya. Aji, Yummy ! Ajinomoto, Yummy Yummy !!

Dividend declared on 31 Dec 2019, yesterday declared the dividend date. This is typical Allianz way .

Dividend 0.65 ex date 24 Jan payment date 14 Feb. Angpao mari and rose money

Wow wow the dumping is over ?!

Wow wow 16.10 yummy yummy

https://www.thestar.com.my/business/business-news/2020/01/07/allianz039s-rally-halts-after-downgrade

Mahbank downgrade. Chance to those miss the boat

16.42 Allianz, Allianzzz , AllianzzzzZZZZZZ

Pagi pagi bukak screen TV,
Allianz sudah di tahap tinggi.
16.72 tu tinggi ke x tinggi ?
Rasa rasa masih boleh lah beli !!
Beli beli jangan x beli.
Kalau beli lu tak akan rugi.
Kalau x beli ?
Nanti lagi naik, sampai u jatuh gigi !!

Wow Wow Meow Meow ？！ Allianz ? ALPO ? Friskies ? Yummy , YummyYummy !!