Chin Boon Long(or Chan Swee Ying) buy R1 can control back HM?

No answer meaning nobody own or busy selling R1 today?

limch

Now OR change to R1 is it? Long time no traded or own Right Issue share; can some1 clarify?

Now OR change to R1 is it? Long time no traded or own Right Issue share; can some1 clarify?

Civil servants pay rise 8% in Dec so some of them will smoke Dunhill more?

Genuine Chain Ltd still have > 58 million JTiasa how many shares can you/i3 members absorb?

speakup

Hands up who panic sell <1.40 ?

1 hour ago

Agree. No need to post in stocks you don't like or don't have. Every stocks have their owner not necessarily agree with you. Example is Kossan because foreign funds now are chasing back glove stocks even no Covid-19.

findfreedom

Natsuko, u always sabo people that is why u think Joyvest is sabotaging. lol

16 hours ago

Fly to RM 3 in 2025?

Tok Mat apologises for smoking in prohibited area, prepares to pay fine
Tok Mat a smoker how to ban smoking completely?
https://www.malaymail.com/news/malaysia/2024/12/18/tok-mat-apologises-for-smoking-in-prohibited-area-prepares-to-pay-fine/160305

Cabinet set to decide on KL-Singapore HSR revival by end Dec or early Jan, says Loke
https://www.malaymail.com/news/malaysia/2024/12/18/cabinet-set-to-decide-on-kl-singapore-hsr-revival-by-end-dec-or-early-jan-says-loke/160275

Nvidia in Malaysia is NationGate? Why some said JCY?

APB 35 sen because GT paper loss still very big although almost 1 year bought GT.

NationGate RM 2.59 why Skygate only 87 sen?

Skygate new name why cannot fly to sky?

RM 3 can come? 35 sen left.

Globetronics, InvestPenang to explore partnership for Penang Silicon Design initiative
https://theedgemalaysia.com/node/737136

UEM Sunrise poised to emerge as property dark horse in 2025 — Maybank IB
https://theedgemalaysia.com/node/737078

TH Plant estates mostly in Terengganu where now heavy flooded. Next QR very bad or not good to take advantage of high CPO price?

EPF bought Mega First recently why not YTL Power?

EPS 12 sen latest QR let we all buy cheap. WCT got airport job so that more tourists can visit Malaysia and contribute to grow our economy.

YTL donate RM 5 million to government so next QR profit less another RM 5 million?

Is it because local institution buying because IBs' give high TP? Foreign funds selling why promoters hiding?

GSX1111
why suddenly the SS not there anymore ? what is the unwinded SS position now ?

2023 GT RM 1.5 in Dec? 2024 75 sen(50% discount from 2023) Dec can get?

2024-12-02

Insider

TAN SRI SIR DR. JEFFREY CHEAH FOOK LING KBE AO (a substantial shareholder) disposed 50,000,000 shares on 28-Nov-2024.

2024-12-02

Insider

SUNGEI WAY CORPORATION SDN BHD (a substantial shareholder) disposed 50,000,000 shares on 28-Nov-2024.

2024-12-02

Insider

MADAM SARENA CHEAH YEAN TIH (a substantial shareholder) disposed 50,000,000 shares on 28-Nov-2024.

2024-12-03

Blog

Jeffrey Cheah, Private Vehicle Offload 100 Mil Shares in Sunway for RM485 Mil

Ananda Krishnan, Tun Daim Zainuddin among very rich people died in 2024 so TS Jeffrey Cheah think he better take it easy and sell?

TP RM 2.45(by Kenanga) is most recent IB TP but RM 2.45 is lowest, can it be achieved?

Bermaz Auto - Bags Distributorship for Deepal
Date:
2024-11-26
Firm:
KENANGA
Stock:
BAUTO
Price Target:
2.45
Price Call:
BUY
Last Price:
2.09
Upside/Downside:
+0.36 (17.22%)
BAUTO has been awarded the distributorship of Deepal EV vehicles in Malaysia. Deepal will take over the vacated Peugeot showroom in Glenmarie, Shah Alam. The first model to be introduce by 1QCY25 will be the Deepal S05 (compact SUV, RM100k to RM150k) and Deepal S07 (mid-size SUV, RM150k to RM200k), both expected to be competitively priced against BYD Dolphin and BYD Atto 3. The sales volumes will be insignificant during our forecast period. Hence, we maintain our forecasts, TP of RM2.45 and OUTPERFORM call.

Deepal EV distributorship. BAUTO has been awarded the distributorship, sale of spare parts and provision of after-sales services of Deepal brand electric vehicles (EVs) in Malaysia by Chongqing Changan Automobile Co. Ltd., China. Changan Automobile is one of the four major Chinese automobile groups in China, with 40 years of car manufacturing experience, and has 13 manufacturing bases and 34 vehicle and new powertrain plants worldwide.

Changan Automobile is currently constructing its first overseas production facility (costing about THB 8.8b) in Rayong, Thailand under Phase 1, with completion expected by early 2025 and will consist of painting, assembly, engine assembly, and battery assembly lines with a yearly production capacity of up to 100,000 vehicles For Phase 2, Changan Automobile plans to invest up to THB 20b for the establishment of a new energy vehicle production facility with a yearly production capacity of up to 200,000 vehicles, to cater for the ASEAN market region as well as for the right-hand drive global market.

Changan sold 250,832 vehicles (+4%) to mainland China customers as of October 2024 on which 85,272 units are new energy vehicles (NEV).

The sales were also boosted by the newly launched Deepal S05 SUV, selling over 10,000 units within the first 10 days of its release. The company has a number of self-owned brands, including Changan, Nevo, Deepal, and Avatr, as well as joint venture brands with Ford and Mazda. Aside from Malaysia, the Chinese carmaker also plans to sell right-hand-drive (RHD) vehicles to customers in Indonesia, Australia, New Zealand, South Africa, and the UK.

Impact on earnings. We estimate that the earnings impact of the latest development is negligible at <1%. The new distributorship requires minimum capex (probably less than RM2m), no volume commitment and will take over the showroom vacated by Peugeot in Glenmarie, Shah Alam. Its other brand, Xpeng is already occupying its other showroom next to Mazda Glenmarie. Given the crowded EV market with various new EV launches, we believe that at most it will only be able to sell at least 500 CBU units during the first year of operation. The models to be introduced (most likely by 1QCY25) will be the Deepal S05 (compact SUV, RM100k to RM150k) and Deepal S07 (mid-size SUV, RM150k to RM200k) are expected to be competitively priced against BYD Dolphin and BYD Atto 3.

Forecasts. Maintained as the sales volumes will be insignificant during our forecast period.

Valuations. We also maintain our TP at RM2.45 based on 10x CY25F PER, at a 1x multiple discounts to the sector's average forward PER of 11x to reflect higher earnings risk for mid-market auto players on subsidy rationalisation which will hurt their target customers, i.e. the middle-income group, the most. There is no adjustment to our TP based on ESG given a 3-star rating as appraised by us (see Page 4).

Investment case. We continue to like BAUTO for: (i) its strong near-term earnings visibility backed by an order backlog of 2k units for Mazda, and Kia vehicles, (ii) its premium mid-market Mazda brand that offers superior margins, and (iii) its attractive dividend yield of about 8%. The share price has declined 11% YTD, which we believe has been factored in with BAUTO now trading at 8.5x based on our FY25F EPS, which is cheap versus historical average of 11x and auto sector's average forward PER of 11x. Maintain OUTPERFORM.

Source: Kenanga Research - 26 Nov 2024

Maybe management know EPMB potential plus already low price so Bermaz bought?

Excess money placed in bank FD earn 2.7% in 1 year. So if can earn even few sen from stock trading is more than FD why not?

Bermaz has too much cash just like my other stock Kossan. If buy low and when above 60 sen make profit to sell like us stock traders why not?

SinGor

BAUTO bought 33mil EP Manufacturing at 0.60----what Bauto intention? To manufacture EV after acquired
some "night classes " from EP

15 hours ago

Even profit a lot, PE low how about dividend? Why no special dividend like many counters has declared?

Agree. Why main promoters keep hiding this as fact?

jjohnchew

Hoho some more ESOS is keep continuing to be EX at RM 0.56 …

21 minutes ago

If another 3 sen dividend after QR announced minimum 10 sen can get in Dec? If EPS 6 sen like last QR and payout 100% total dividend become 13 sen?

US will change President(government) soon how about Malaysia?

Drop because fear Pas will be next government so will close Genting casino?

APB shareholders please help or APB red again.

Jepun where are you? Go back to Japan is it? I have other counters to promote as well not only GT.

CPO rise further to almost RM 5K. I suggest pay dividend sooner than next year because individual earn >RM 100K in dividends will be taxed 2% starting 2025.

limch


CPO RM 4,891/tn. Special dividend 5-8 sen in Dec?

2 days ago

GT once i3 top trending stock now also no more. Meaning joyvest got followers who truly believe what she says here.

Maybe none in i3 chased? So many demoters here who dare to buy? Operator own buy-sell?

Posted by Apple2353 > 1 hour ago | Report Abuse

those who chased this morning all kena slaughtered

i3 nobody holding HM? Why become dead forum?

When can get? Even joyvest 40 sen no chance.

kjstk1234

aim for 245 😀

19 hours ago

williamh type how many here like him? Prefer BAT down not up?

Posted by williamh > 23 hours ago | Report Abuse

Including the coming dividen totally 44k into my ac,greedy when other scare due to the talking down

I own many counters. Yet new ED appointed why none highlighted? Meaning existing not good to arrest share price decline?

Net cash 57 sen latest QR. Special dividend 10-20 sen can pay next month?

Inari NAB RM 0.74 why RM 2.84?

GTB cash rich. Inari NAB also low why >RM 2.8?

kjstk1234 if you like GT better buy APB if 52-53 sen GT too expensive for you.

Who want to sell low? EPF, Tabung Haji no more here.

APB still down because not doing enough to prevent GT drop.