MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

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Last Price

6.60

Today's Change

+0.01 (0.15%)

Day's Change

6.54 - 6.64

Trading Volume

204,800


3 people like this.

2,418 comment(s). Last comment by dawchok 2 days ago

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2014-08-11 18:45 | Report Abuse

Another PROTON ???
After that takeover by GOV again ? LOL !!

1901

532 posts

Posted by 1901 > 2014-08-11 19:17 | Report Abuse

time for cheaper perodua soon....

yfchong

5,883 posts

Posted by yfchong > 2014-08-12 10:00 | Report Abuse

good good, let's stabalize

yipgusing

483 posts

Posted by yipgusing > 2014-08-12 10:07 | Report Abuse

keep dropping ... sigh

yfchong

5,883 posts

Posted by yfchong > 2014-08-12 10:17 | Report Abuse

come back when RSI is at bay...,

yfchong

5,883 posts

Posted by yfchong > 2014-08-12 11:55 | Report Abuse

really water fall.,

yfchong

5,883 posts

Posted by yfchong > 2014-08-12 13:33 | Report Abuse

apa sudah jadi....., iveco tak bagus ke ??.

nich0las

2,787 posts

Posted by nich0las > 2014-08-12 14:04 | Report Abuse

Wah! bought 500unit from 3.10 drop till 2.78? =.=''

beso

2,137 posts

Posted by beso > 2014-08-12 14:54 | Report Abuse

gst is coming so auto stock will be weak,hopeless

yfchong

5,883 posts

Posted by yfchong > 2014-08-12 15:34 | Report Abuse

reshuffling ke something tragic is happening......., better stay out and watch fr side line

yfchong

5,883 posts

Posted by yfchong > 2014-08-12 16:18 | Report Abuse

take panadol also no help.........,

nich0las

2,787 posts

Posted by nich0las > 2014-08-12 16:21 | Report Abuse

gst is next year 01mei right? Perodua kilang terbakar kot? haha.

Joel

4,580 posts

Posted by Joel > 2014-08-12 20:54 | Report Abuse

kawan, 1 st April 2015 implementation.

yipgusing

483 posts

Posted by yipgusing > 2014-08-12 21:59 | Report Abuse

most probably the coming result wil be bad ..

Posted by Ooi Chee Meng > 2014-08-13 07:48 | Report Abuse

i believe also the upcoming result is worst than expected..internal sell early..

yfchong

5,883 posts

Posted by yfchong > 2014-08-13 07:51 | Report Abuse

sell what say first....................,

yipgusing

483 posts

Posted by yipgusing > 2014-08-13 17:47 | Report Abuse

play meh this EPF .. sell n buy back ...

rlch

4,142 posts

Posted by rlch > 2014-08-18 21:00 | Report Abuse

Malaysian like to buy new cars every year. When can MBM reach RM3 again?

Posted by Value Investor > 2014-08-19 21:06 | Report Abuse

MBM missed the alloy wheel supply for Perodua Axia due to delays in manufacturing... http://www.theedgemalaysia.com/business-news/303365-amresearch-downgrades-mbm-resources-to-hold-cuts-fair-value-to-rm3.html

yipgusing

483 posts

Posted by yipgusing > 2014-08-20 13:48 | Report Abuse

We maintained Overweight on the Sector with BUYs on MBM (TP: RM4.00), DRB (TP: RM3.00) and UMW (RM12.55 – under review).

Source:Hong Leong Investment Bank Research - 20 Aug 2014

yipgusing

483 posts

Posted by yipgusing > 2014-08-20 14:29 | Report Abuse

Value Investor , Why u never include those +ve comment ?? hahahaha ....
Positives –
1)Cheap valuations.
2)Expansion into vehicle assembly to complete its strategy of becoming an integrated automotive player.
3)Strong sales of Perodua and VW.
4)Weakening Yen against RM.

rlch

4,142 posts

Posted by rlch > 2014-08-21 22:54 | Report Abuse

http://www.therakyatpost.com/business/2014/08/19/30000-sales-target-perodua-axia/
Interim dividend increase to 4sen from 3sen last year.

rlch

4,142 posts

Posted by rlch > 2014-09-01 21:56 | Report Abuse

Tomorrow last day to buy for dividend. Car sales should remain strong for both Perodua and Proton due to new models launched.

rlch

4,142 posts

Posted by rlch > 2014-09-03 21:36 | Report Abuse

Latest TP RM3.90. Buy for 40% upside.

annsmith

239 posts

Posted by annsmith > 2014-09-04 23:29 | Report Abuse

haha this share is similiar to KPJ...when KPJ expand businesses need more capex... then investor said return slow and share price slipped below RM3...after 2 months it back to 3.900.... lol ....MBMR new plants are ready to generate production that will contribute income... share 390mil compared to KPJ 1bil.... dividend more than KPJ...what next? accumulate at low? jump in when IB recommend to sell... sell when they recommend buy call....choice yours.. :) have a nice day

annsmith

239 posts

Posted by annsmith > 2014-09-04 23:32 | Report Abuse

Saw Perodua AXIA at paultan... its a sellable car.... demand will surpass viva...just my 2 cents.... i will load more MBMR-WA.. :)

nich0las

2,787 posts

Posted by nich0las > 2014-09-15 20:53 | Report Abuse

Today Axia is coming on TV3 lor, when will fly?

Posted by Darren Chin > 2014-09-17 09:24 | Report Abuse

the wind or kick is not yet come. Monitor the volume.....

rlch

4,142 posts

Posted by rlch > 2014-09-19 16:07 | Report Abuse

Booking a lot of Axia(13500 compare to Iriz?). Why no one interested in MBM?

hng33

20,463 posts

Posted by hng33 > 2014-09-22 16:00 | Report Abuse

Perodua Axia or PCC?

https://my.news.yahoo.com/axia-pcc-043758799.html

rlch

4,142 posts

Posted by rlch > 2014-10-07 19:35 | Report Abuse

Petrol increase 20sen buy cheap and fuel efficient car like Axia can save money.

rlch

4,142 posts

Posted by rlch > 2014-10-19 15:44 | Report Abuse

Why latest TP RM4(RM1.21 upside or 43%) by HLG is rated only a hold. Should be buy instead.
http://klse.i3investor.com/servlets/ptres/25758.jsp

Hustle

3,615 posts

Posted by Hustle > 2014-10-28 13:27 | Report Abuse

That's means that HLFG also lose his balls to said buy lol

yfchong

5,883 posts

Posted by yfchong > 2014-10-28 14:35 | Report Abuse

simple sahaja, if fung long mutual funds holds plentiful u know lah immediate trigger buy

rlch

4,142 posts

Posted by rlch > 2014-11-19 21:51 | Report Abuse

MBM Resources - Stronger ahead. TP RM3.50. Buy.
http://klse.i3investor.com/blogs/kltrader/64392.jsp

Posted by klsebursamalaysia > 2014-12-03 00:07 | Report Abuse

EPF keep sell.

jonatlau79

419 posts

Posted by jonatlau79 > 2014-12-14 09:40 | Report Abuse

RM2.50 Strong Support ....

rlch

4,142 posts

Posted by rlch > 2014-12-14 13:07 | Report Abuse

Latest TP RM4.80(MIDF, Edge 15th Dec). Buy.
Axia strong sales and yen collapse is positive for Perodua's earnings.
Now trading at 6 times FY15 PER and DY 4.3%, on 20% payout ratio.

LuvLuv

165 posts

Posted by LuvLuv > 2014-12-14 16:22 | Report Abuse

Dear Friends

I do not know whether this round correction can be the start of the next "super bear" however I am still cautiously optimistic looking forward a KLCI to reach 2000 by next year.The reason is pretty easy,can we see a super bear before a super bull in our previous history?the second is that we could will only see economic burst when oil price is high but do we ever seen an econ downturn when oil price remain low?it is a still no,thus I am encouraging a friends around me to keep on investing and stay positive.I and my team still holding significant stakes (5-13% of paid up) in few of the entities in Bursa and we walk the talk.(Zelan,AWC,Fututec,Gadang,MRCB WA ,BIMB WA,Sona).

Back to MBMR,from my observation most public had quietly forgotten about MBMR after its strong growth past 3 years.However,the recent homework that I am done on MBMR has again spark my eye especially news flow that came out at Nov 19-20,2014 which contains a very positive catalyst for MBMR.Recently MBMR CEO has disclosed its big plan for alloy wheel which I see it can booster.Moreover,the encouraging sales for AXIA will makes MBMR visibility for the next one year is relatively clear.

I do not hold any yet for MBMR but I am focusing on its warrant as we deemed that its restructuring plan for Alloy Wheel will add a fast growth driver for the next 1.5 years.Cheers.I and my team valued MBMR can find its level at RM 3.3-3.5 by next Sept 2015 and giving 15% for its 2.5 years warrant.Cheers

rlch

4,142 posts

Posted by rlch > 2014-12-18 08:46 | Report Abuse

Axia bookings-62,000.
http://www.nst.com.my/node/63504

rlch

4,142 posts

Posted by rlch > 2014-12-22 21:37 | Report Abuse

Automotive sector top picks by HLG and MIDF with TP RM4 and RM4.80.
http://klse.i3investor.com/servlets/ptg/5983.jsp

rlch

4,142 posts

Posted by rlch > 2014-12-25 10:33 | Report Abuse

Proton, Perodua to command 52% market share next year - MAI
http://www.theedgemarkets.com/my/article/proton-perodua-command-52-market-share-next-year-mai

rlch

4,142 posts

Posted by rlch > 2015-01-02 12:27 | Report Abuse

Look like coming today. Now new year if people want to buy most likely they will choose Axia owned by MBM.

LuvLuv

165 posts

Posted by LuvLuv > 2015-01-03 12:25 | Report Abuse

Dear Members

The TP of RM 4-4.80 will be an addition to me as I am looking forward RM 3.3-RM 3.5 within a period of one year (till Dec 2015) and I am putting a 15% premium on its warrant as I stated in the above.Can it be reach?we wait and see and hoping all of us will be benefited from the counter.Cheers.

yipgusing

483 posts

Posted by yipgusing > 2015-01-04 20:35 | Report Abuse

my warrant was trapped in 0.9++ ... sigh ..

LuvLuv

165 posts

Posted by LuvLuv > 2015-01-05 08:26 | Report Abuse

Water will finds its level.No worry,MBMR's AXIA sales is encouraging and turning around of Alloy Wheel is imminent.We wait and see.Hope All of us will get some fish in MBMR WA.Cheers.

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