MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

6.19

Today's Change

0.00 (0.00%)

Day's Change

6.18 - 6.19

Trading Volume

53,400


3 people like this.

2,416 comment(s). Last comment by keonkx 1 month ago

steelman

158 posts

Posted by steelman > 2020-05-04 09:00 | Report Abuse

good dividend paying stock

Value888

623 posts

Posted by Value888 > 2020-05-05 11:22 | Report Abuse

Perodua loses out to Proton in design & value. Proton sells much more.

Posted by nicedurians > 2020-05-08 10:01 | Report Abuse

perodua is targeting mass market. proton is targeting middle income

Dakewlest

1,758 posts

Posted by Dakewlest > 2020-05-08 23:11 | Report Abuse

No final dividend like last year?

BATFLY

722 posts

Posted by BATFLY > 2020-05-10 20:42 | Report Abuse

Opr rate cut should be able to push car sales up. But why no movement in the counter with solid fundamental? Sorry i am new to share trading..

uptrending

1,852 posts

Posted by uptrending > 2020-05-12 10:44 | Report Abuse

Big ticket item spending, people are very cautious. Now with Covid-19 no sight of effective treatment and vaccines, economy will be bad or deteriorate for the next 1 year, at least. No one except those in the government services, is sure of job security.

So, car sales should be down..

uptrending

1,852 posts

Posted by uptrending > 2020-05-12 10:48 | Report Abuse

" 3月销量只卖了8601辆perodua。。第一季的perodua销量按年下挫25.85%,volkswagen 42%,volvo 14%"

Copy and paste the comment from Bursa Screener

uptrending

1,852 posts

Posted by uptrending > 2020-05-12 10:50 | Report Abuse

March 2020 sold 8601 perodua
1Q sales down by 25.85 % YOY

English translation

uptrending

1,852 posts

Posted by uptrending > 2020-05-12 10:51 | Report Abuse

2Q sales down by how many %? 50?

uptrending

1,852 posts

Posted by uptrending > 2020-05-12 10:55 | Report Abuse

April sales maybe ZERO.

Read the below analyst report :

"No sales recorded for April 2020 as MCO was extended to 3rd May 2020. All the marques’ showrooms, vehicle productions and deliveries are temporarily closed, halted and delayed for the period of 18th March till 3rd May 2020.."

Value888

623 posts

Posted by Value888 > 2020-05-15 15:11 | Report Abuse

Wah DRB Hicom very cheap now. Dont buy then rugi loh.

waikee

63 posts

Posted by waikee > 2020-05-19 10:09 | Report Abuse

dealer friend say bank now stop make loan for secondhand car

waikee

63 posts

Posted by waikee > 2020-05-19 10:09 | Report Abuse

how about new car loan ?

Value888

623 posts

Posted by Value888 > 2020-05-20 12:18 | Report Abuse

Read Proton's latest X70 got respiratory health feature.

roshazli

153 posts

Posted by roshazli > 2020-05-20 16:13 | Report Abuse

Corona Menyebar, Penjualan Mobil
Pelaku industri otomotif kini sedang berupaya keras bertahan dalam besarnya tekanan ekonomi yang terjadi pada beberapa bulan belakang. Seperti apa geliat industri otomotif yang harus terrem sementara di tengah pandemic?
https://www.youtube.com/watch?v=ijv_CIw92Ck

roshazli

153 posts

Posted by roshazli > 2020-05-20 16:14 | Report Abuse

Corona Menyebar, Penjualan Pelaku industri otomotif kini sedang berupaya keras bertahan dalam besarnya tekanan ekonomi yang terjadi pada beberapa bulan belakang. Seperti apa geliat industri otomotif yang harus terrem sementara di tengah pandemic?
https://www.youtube.com/watch?v=ijv_CIw92Ck

Posted by Teo Cher Ming > 2020-05-20 17:54 | Report Abuse

9sen final dividend cantik

GLNT

566 posts

Posted by GLNT > 2020-05-20 19:11 | Report Abuse

plus share buyback proposal. should have done this years ago lah..

GLNT

566 posts

Posted by GLNT > 2020-05-20 20:10 | Report Abuse

roshazli, this is cnbc indonesia, not related to Malaysia, thank you.

Value888

623 posts

Posted by Value888 > 2020-05-21 14:01 | Report Abuse

Shit. Profits dropped 45%.

ykloh

518 posts

Posted by ykloh > 2020-05-21 19:24 | Report Abuse

coming quarter will be worse.

Posted by Sebastian Power > 2020-05-21 20:31 | Report Abuse

this type of covid new world order no choice lo. I think This price will back to two year ago about 2.3-2.5

GLNT

566 posts

Posted by GLNT > 2020-05-21 21:35 | Report Abuse

Priced in already la. already knew results gonna be shit since two months ago.

Dakewlest

1,758 posts

Posted by Dakewlest > 2020-05-21 23:47 | Report Abuse

At least announced 9 sen final dividend. Good.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-22 07:16 | Report Abuse

this stock is not a quick rich counter but worth your money to hold

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-22 07:17 | Report Abuse

buy more when market is bleed

sell

2,456 posts

Posted by sell > 2020-05-22 11:41 | Report Abuse

Apr'20 car sales down 99% good news?

GLNT

566 posts

Posted by GLNT > 2020-05-23 01:00 | Report Abuse

Stock market moves ahead of economy lah. April 99% down is already known since like....1.5 months ago. If you don't know market moves ahead of economy, better stay away from stocks.

Stockwiser

263 posts

Posted by Stockwiser > 2020-05-23 17:19 | Report Abuse

Do u think still got many people willing to buy car?

Posted by shareinvestor88 > 2020-05-24 00:44 | Report Abuse

no money to buy. Better sell this stock TP 1.50

addy

90 posts

Posted by addy > 2020-05-24 15:09 | Report Abuse

my friend working in hong leong bank told me now hong leong bank give car loan ,installment rm1000 per month bank account saving must have cash money 24k for instalment 2years money in 2 year bank to give lending...tightening lending...many bank loan margin give 70% max loans.
example : your bank account saving in year 2018 have 24k until now still have 24k ,bank give lending...if year 2018 bank saving have 10k 2019 year have 15k now have years 2020 have saving 24k bank will rejected loan...

addy

90 posts

Posted by addy > 2020-05-24 15:12 | Report Abuse

bank stop make home loan and car loan those have work permit singapore

addy

90 posts

Posted by addy > 2020-05-24 15:19 | Report Abuse

many customer cannot reach bank term condition to take loan in cmco

Posted by MrRightTiming > 2020-05-28 02:31 | Report Abuse

GLNT Stock market moves ahead of economy lah. April 99% down is already known since like....1.5 months ago. If you don't know market moves ahead of economy, better stay away from stocks.

Haha..well said!

Jack888

865 posts

Posted by Jack888 > 2020-05-28 08:57 | Report Abuse

uptrend....buy !

Posted by investortrader88 > 2020-05-28 15:59 | Report Abuse

just bought at RM 2.90 just now.keep.good luck guys !

GLNT

566 posts

Posted by GLNT > 2020-06-02 15:06 | Report Abuse

Who buy cars at this period? Malaysians! Almost back to pre-MCO levels

Cropsickle

231 posts

Posted by Cropsickle > 2020-06-02 22:31 | Report Abuse

In Q1 2019, Perodua sold 60,700 units.
https://www.theedgemarkets.com/article/automotive-sectors-growth-seen-demand-new-suvs

In Q1 2020, Perodua sold 36,376 (Jan-Feb) + 8,601 (March) = 44,977 units
https://paultan.org/2020/03/24/malaysia-vehicle-sales-data-for-february-2020-by-brand/
https://www.theedgemarkets.com/article/perodua-registers-7886-cars-may-has-sold-52920-cars-ytd

The numbers are not bad considering the circumstances, but the Q1 QR will likely not be favorable and seeing that we are in June and only 8k units have been sold since April, the Q2 QR will not be...favorable.

I do feel that this counter will grow big in the future, but I don't know whether any increase in price now can be sustained over the next few months. Truthfully, I'd like it if it stays below 3.00 so I can come back after milking the health stocks, so that is my udang sebalik batu.

GLNT

566 posts

Posted by GLNT > 2020-06-02 22:34 | Report Abuse

Q1 quarter results already out

Cropsickle

231 posts

Posted by Cropsickle > 2020-06-02 22:46 | Report Abuse

@GLNT Ah, thanks for pointing out. I totally missed it.
I wonder how much the 26% reduction in unit sales contributed to the -33% QoQ.

GLNT

566 posts

Posted by GLNT > 2020-06-02 23:37 | Report Abuse

Lower revenue with fixed costs, automatically lower margins.

Posted by investortrader88 > 2020-06-03 09:35 | Report Abuse

klci bull run.huat ahhhhh !

Value888

623 posts

Posted by Value888 > 2020-06-05 08:43 | Report Abuse

QR so bad. Dropped 45%.

Posted by investortrader88 > 2020-06-05 12:06 | Report Abuse

huat aghhhhhhhhhhh. !

GLNT

566 posts

Posted by GLNT > 2020-06-05 14:21 | Report Abuse

Value888, market goes ahead of economy by 6 months. everybody knows 1q and 2q will be shit.

Hafid

1,135 posts

Posted by Hafid > 2020-06-05 16:37 | Report Abuse

100% tax free for local vehicle purchase asemble in malaysia

Hafid

1,135 posts

Posted by Hafid > 2020-06-05 16:38 | Report Abuse

100% tax exemption for the purchase of locally assembled cars beginning june until dec 31

Post a Comment
Market Buzz