This is a gem. I think management is bad at promoting and adding value to the shareholders. They should have aggressively bought the share when it was trending downwards especially when EPF was selling. Long term profit should be between RM180m-220m. That is an 18% ROE based on the current share price. This is the best way to put use of the high cash reserve. Last big project they did was really bad (alloy wheel). All the profit and cash flow for MBMR actually comes from their 22.6% in Perodua (basically not from management effort). Surprisingly, Tabung Haji is buying. Good for them. Buy a lot then put pressure on management to pay higher dividend of do a share buy back exercise. Every year they ask permission for buy backs but never once they act on it. Disappointing.
no bad news instate there are good news in upcoming qty result (i expect) , tabung haji and epf keep on added shareholding. from information i gather for the pass few month , perodua will only delivery car order in 2 mth times. there are achieve production capacity 99% .
just fasten seat belt and wait . i think worth the risk ...... i think ..
Perodua’s car sales hit a record 26,852 units in October, a new all-time high right after achieving its highest monthly sales record of 25,035 units in September.
National carmaker Perodua has recorded its highest ever monthly sales in its 26-year history with sales of 25,035 vehicles in September, a 10.8% increase from the 22,604 units it sold in August.
Together with the 23,203 units it reported in July, total sales in the third quarter of 2020 amounted to 70,842 units, up by 13,870 units (or 24.3%) from the corresponding Q3 in 2019.
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....
charliecharlie
386 posts
Posted by charliecharlie > 2020-10-15 11:01 | Report Abuse
https://paultan.org/2020/10/15/perodua-sells-25035-units-in-september-records-its-highest-ever-monthly-sales-in-its-26-year-history/?fbclid=IwAR3vZnJNUUStUmL0F0Zt6GzHNF9nwV78uBCZtliun6O_n37Pd_Qk4iUvO54
epf can dump all they want.