Wanna take a wild guess how much MBM Resources earn for 4Q2019? MBM earned RM55.8mil in 3Q when Perodua car sales reached 57k. How much will MBM earn during 4Q2019 when Perodua car sales recorded 61.5k sales? More than RM60mil likely?
RainT go for BAUTO if you are expecting a steady dividend gain. Go for mbmr if you are looking for growth, because: 1) mbmr is currently holding 20% shares in perodua, and mbmr subsidiary is holding another 5% in perodua 2) perodua performance will directly affect mbmr performance because mbmr holds distributorship of perodua in malaysia 3) Perodua upcoming new product would be SUV, releasing in second half of 2020 4) With the comparatively cheap pricing of SUV, together with the growing demand and favouritism on SUV, perodua is expecting a huge order and accordingly a high profit gain
Disclaimer: just my personal view based on research done, not suggesting you to buy any of the two.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gemfinder
6,880 posts
Posted by gemfinder > 2020-01-03 12:33 | Report Abuse
no 5 no sell