You're right abc333. OMV tax will narrow CKD and CBU price tag. Toyota and Honda will become more expensive

The perodua margin is much lesser. All these while CKD cars take advantage on assembly car locally and pay tax according to the manufacturing cost and not on the showroom price

Yes it will affect Perodua and Proton as well. But perodua is mainly on entry and affordable segment the affect maybe lesser compare to foreign CKD car

Big bosses holding already exceeded 15%. While EPF selling.

https://paultan.org/2024/11/14/kia-ev3-to-be-launched-in-asia-pacific-markets-in-2025/

BYD Atto 3 currently sold around 1k unit per month. If KIA EV3 maybe to snatched 400 unit per month consider very good liao

Next year should have improvement with cx60,cx80, deepal ev and Kia EV3 coming. KIA EV3 is expected to price closely to current best selling EV BYD atto3. KiA EV3 definitely looks better than Atto 3.

And chinese cars

New OMV excise tax doesn't not favor foreign CKD cars. Particularly Toyota and Honda

Don't worry with new OMV excise tax coming Proton will have advantages against the chinese cars

With OMV excise tax come in force Proton suddenly see itself become competitive against the chinese cars because it is a local car. Not so good news for Toyota and Honda

Hi Greg14. Good observation actually in August till October the sales for cx30 and cx5 is 40:60

Agreed weixuan0325. CX30, CX 5 and Sportage will continue to battle within the highly competitive mid range SuV segment. But with new OMV tax starting 1st January it will bring the price narrower for Honda CRV, Omoda C9, BMW x series and VW Tiguan. With this price different most likely people will choose the fully imported Mazda CX60 over the rest. Bermaz is just a small player, I don't know what is the combine sales for those CRV and etc but if Mazda manage to sell 6k unit for cx 60 annually, 10k of CX 5 as what happened now, 4k unit of cx30 and maybe 1.5k unit of xpeng and plus 1k unit of all the kia vehicles. I believe with 22k unit of sales annually Bermaz should able to go back to 2023 record profit

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

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?

https://paultan.org/2024/12/19/omv-excise-duty-revisions-to-take-effect-soon-ckd-car-prices-in-malaysia-to-go-up-by-8-to-20-in-2025/?fbclid=IwZXh0bgNhZW0CMTEAAR0AWd78esJG5EZeFvZHG2xjjt7D1YdYhJp7aMG7IyqAcjclj42rJ2e62KM_aem_-yr6PJNHmvQcV-gMi2a62w

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

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

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

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.

True

Already lost 26% from the all time high

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

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

Until the sales improve, the price will continue in depress

Can elaborate a bit bro?

With weakening of RM against USD and SGD ytl should be doing fine

No sign of recovery

YTL already make announcement on MACC clearance should ok right?

Time to limit up

Is about time

Hurray

Yes finally

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

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

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

Indeed no mercy in money market. Everyone panic to cut lost

The damaged is already done. Just see how the Bermaz bosses do going forward

No idea what brand is it but gave 10 year contract to EPMB factory

https://paultan.org/2024/12/16/baic-x55-bj40-plus-to-begin-ckd-assembly-1q-2025/

Mazda actually produce good car just that their renew the products in snail pace and bumped into the wave of chinese cars. But believe in longer term Bermaz able to recover with new cars from Mazda. Just hope this day come sooner

Looking at the current performance of Bermaz, there is little chances of the share price to go up. Maybe if the bosses of Bermaz able to secure dsitributorship for value packed chinese vehicle then can provide catalyst for the share price to recover. If wait mazda and kia maybe need to wait a significant period of time before the share price go up

Small consolation. Bermaz has 11% stake in EPMB

https://paultan.org/2024/12/16/gwm-haval-h6-hev-reaches-1000-unit-ckd-milestone/

Dunno when stop bleeding

Almost forgot tomorrow is ex date for 7 cents

Doesn't see any chance of share price going up in near term. Still a buy?

As for the last 2 quarter performance, can expect a stagnant profit similar to 2nd quarter or maybe slight improvement due to seasonal sales. So maybe for those who trust in Bermaz need to bite the bullet for this FY24/25 as significant improvement only come in FY25/26

Frankly speaking the current quarter performance is a good indicator that show Bermaz rock bottom performance and the wave of chinese car and current car market appetite for gadgets packed car but once everything been normalise and wave is receded bermaz should see improvement in profit. Even Proton CEO mentioned there are too many chinese car here and he forsee some maybe out of existence in 2 or 3 years time.

Agreed bro. Current Bermaz poor performance is due chinese cars and ageing of its own models. But believe going forward should be better for Bermaz as new model coming in next year. Mazda car is somehow on its own league. Believe potential owner doesn't mind to pay slight premium for Mazda qualities and Kodo design philosophy.