MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

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Last Price

5.25

Today's Change

-0.03 (0.57%)

Day's Change

5.24 - 5.35

Trading Volume

97,500


3 people like this.

2,398 comment(s). Last comment by SeekUndervalued 5 days ago

klee

3,114 posts

Posted by klee > 2023-11-28 10:23 | Report Abuse

hoot9e

klee

3,114 posts

Posted by klee > 2023-11-28 10:56 | Report Abuse

mbmr is at all time high,something is brewing....may involve sime again

Posted by Penang_lang > 2023-12-08 10:43 | Report Abuse

YDPA complain about road congestion how can MBMR solve it?

planta2

55 posts

Posted by planta2 > 2023-12-08 15:17 | Report Abuse

Dividend ex date 13sen. But not dropping below 13sen today. Very strong

cheeseburger

2,787 posts

Posted by cheeseburger > 2023-12-08 15:31 | Report Abuse

@pang72 asking all people to scrap their 10yr car and buy new Perodua? :D...pls, be realistic on current Malaysian dilemma

Posted by keithtrade > 2023-12-09 18:25 | Report Abuse

MBMR is like Santa 🎅

hw0706

771 posts

Posted by hw0706 > 2023-12-10 07:09 | Report Abuse

In term of outlook of the economy is bad. MBMR always trade at discount. So becareful. High already.

Hush77

1,258 posts

Posted by Hush77 > 2023-12-11 18:41 | Report Abuse

it hasnt reach full potential, for an EPS of 70 sen counter , shld be trading much higher.
the dividend yield is high as the share price is still cheap
perodua car sales is still at highest and the stake in perodua is an added bonus...
it might be worth more than its current value.

planta2

55 posts

Posted by planta2 > 2023-12-11 22:25 | Report Abuse

Going to reach previous high at rm4.5. Hoot9e

klee

3,114 posts

Posted by klee > 2023-12-13 20:36 | Report Abuse

Last bonus issue was 11 years ago.Nta now RM 5.33 latest Qr 27 sen.Go figure.

klee

3,114 posts

Posted by klee > 2023-12-13 20:38 | Report Abuse

Time this cash cow gets its recognition.

klee

3,114 posts

Posted by klee > 2023-12-13 20:41 | Report Abuse

Epf selling all absorbed by AIA n Public islamic fund.Nice.

ks5S

4,601 posts

Posted by ks5S > 2023-12-14 09:24 | Report Abuse

Sime will offer to MBMR soon. This allow them IPO perodua to have capital for EV project. Future growth is bright.

ks5S

4,601 posts

Posted by ks5S > 2023-12-14 09:25 | Report Abuse

next year is year of the dragon. MBMR will turn into fierce dragon

Income

10,599 posts

Posted by Income > 2023-12-18 09:34 | Report Abuse

•Murder charge for senior cop in hit-and-run case

Income

10,599 posts

Posted by Income > 2023-12-18 11:05 | Report Abuse

Kenapa said Rm5.50, worth more buying for keeping

Income

10,599 posts

Posted by Income > 2023-12-18 11:09 | Report Abuse

Bro Pang, I really like your write up here. Keep it up 👍

Hush77

1,258 posts

Posted by Hush77 > 2023-12-20 14:43 | Report Abuse

Yes , eps of 75 sen..dividend yield around 13%... its a solid company...

Max2838

478 posts

Posted by Max2838 > 2023-12-21 08:34 | Report Abuse

If Japan halt sales of Daihatsu & Toyota small cars, will Malaysia do the same?

abc333

1,507 posts

Posted by abc333 > 2023-12-21 09:09 | Report Abuse

those panic sell will regret later , p2 always ignore the problem

abc333

1,507 posts

Posted by abc333 > 2023-12-21 09:11 | Report Abuse

ppl buy P2 because of $$ , safety is not their concern.

planta2

55 posts

Posted by planta2 > 2023-12-21 09:12 | Report Abuse

Buy on the dip!

Hush77

1,258 posts

Posted by Hush77 > 2023-12-21 09:14 | Report Abuse

Thats in japan not msia...for certain models in japan.

Hush77

1,258 posts

Posted by Hush77 > 2023-12-21 09:23 | Report Abuse

Msia business as usual..
Japan is only for certain models in japan...not all models

Mc_Wei

178 posts

Posted by Mc_Wei > 2023-12-21 09:39 | Report Abuse

https://paultan.org/2023/12/20/perodua-toyota-daihatsu-safety-test-case/daihatsu-certification-irregularities-affected-models-list-1/

Axia, Aruz, Alza, Ativa, Myvi and Bezza affected as per Daihatsu's report.

abc333

1,507 posts

Posted by abc333 > 2023-12-21 09:44 | Report Abuse

TOKYO (Reuters) - Toyota Motor (NYSE:TM)'s shares fell more than 4% on Thursday after its small-car unit Daihatsu Motor said a day earlier it would halt shipments of all of its vehicles for an indefinite period due to the revelation of more safety-inspection irregularities.

Hush77

1,258 posts

Posted by Hush77 > 2023-12-21 10:03 | Report Abuse

In msia car is fine.. business as usual...
While in japan, which nothing to do with msia -apparently they use a different airbag model to test its car.. according to article even that airbag pass the test...
this shld be a non issue. .

Max2838

478 posts

Posted by Max2838 > 2023-12-21 11:19 | Report Abuse

WASHINGTON, Dec 20 (Reuters) - Toyota Motor (7203.T) said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed.

juon

269 posts

Posted by juon > 2023-12-21 11:21 | Report Abuse

boh chow CCCCCCCCCCCCCCCCC ArrrggggggggggggHHHHH

juon

269 posts

Posted by juon > 2023-12-21 11:22 | Report Abuse

yippie

GLNT

549 posts

Posted by GLNT > 2023-12-21 11:40 | Report Abuse

Max2838, Toyota la dude. Not Daihatsu models.

Hush77

1,258 posts

Posted by Hush77 > 2023-12-21 13:36 | Report Abuse

Some ppl want to buy cheap...
So maybe thats why they spread fake news...

HITnRUN

298 posts

Posted by HITnRUN > 2023-12-21 14:56 | Report Abuse

tomorrow will up back to 4.40

Posted by PureInvest > 2023-12-21 19:34 | Report Abuse

OSAKA -- Japanese carmaker Daihatsu Motor will begin negotiations with suppliers to compensate them for lost revenues due to its suspension of shipments after an independent panel found irregularities in its operations, Nikkei learned on Thursday.

The Toyota Motor subsidiary is Japan's top manufacturer of popular lightweight minicars, known as kei cars. Daihatsu also plans to halt production at its domestic plants by Dec. 26, and it is unclear when it will resume operations as normal.

The company outlined its compensation plans to its parts suppliers and others in its supply chain with which it has direct business relationships in an online meeting on Wednesday. The plan includes going through with the purchasing of parts already produced for Daihatsu, and financial compensation for revenues lost due to the production halt.

There are 423 companies that directly do business with Daihatsu, which it considers Tier 1 suppliers. The compensation amounts are being negotiated, and Daihatsu will also consider supporting Tier 2 and Tier 3 suppliers that are heavily reliant on it for sales. A Daihatsu representative said the company was "willing to consult [with these companies] as much as possible."

Daihatsu has plants in Osaka, Kyoto, Shiga, and Oita Prefectures. The company stopped shipping from all these plants from Wednesday, but it is still accepting parts from suppliers. At some plants, workers are continuing to assemble vehicles that are in the process of production. All domestic plants will stop manufacturing soon, but Daihatsu has not decided when it will halt overseas production.

Posted by PureInvest > 2023-12-21 19:37 | Report Abuse

IKEDA, Osaka Prefecture--Transport ministry officials searched the Daihatsu Motor Co. headquarters here on Dec. 21 following an admission of widespread falsification of vehicle safety tests at the automaker.

The Toyota Motor Corp. subsidiary could face penalties and recall orders depending on the findings of the investigation.

The government inspection comes a day after the company admitted to 174 cases of misconduct with safety tests for most vehicles currently in production as well as some discontinued models.

“The ultimate responsibility lies with the management,” said Daihatsu President Soichiro Okudaira at a news conference on Dec. 20, although he declined to step down immediately.

A third-party investigative team suggested that intense pressure placed on the company’s engineers to produce favorable results led to the test rigging.

“We should have been aware of what was going on,” said Toyota Vice President Hiroki Nakajima, who was also in attendance.

The ministry ordered Daihatsu on Dec. 20 to halt shipments of all vehicles until they are confirmed safe.

This includes 16 domestic models and seven overseas models manufactured by Daihatsu for other brands such as Toyota, Mazda Motor Corp. and Subaru Corp.

Ministry officials are inspecting all 28 models Daihatsu manufactures for the Japanese market for compliance with safety standards.

Okudaira said the company’s own inspections found no significant safety concerns with affected vehicles, suggesting that customers can continue driving them.

However, he reported possible safety issues with the air bags of two models: the Toyota Pixis Joy and the Daihatsu Cast.

The two models’ doors will automatically lock after their air bags inflate, potentially hindering rescue efforts of the vehicles' occupants.

Okudaira emphasized that the issue is unrelated to recent reports of falsified safety tests.

The ministry will determine whether the two models should be recalled.

Daihatsu has a 30 percent share of the domestic market for “kei” minivehicles, including popular models such as the Pixis Joy and Cast. The automaker sold 1.7 million vehicles worldwide in fiscal 2022.

(This article was compiled from reports by staff writers Kenta Nakamura and Kohei Kondo.)

planta2

55 posts

Posted by planta2 > 2023-12-22 01:15 | Report Abuse

I don’t understand why this shipment of vehicles halt could impact perodua. Isn’t all perodua cars are locally assembled? The only safety issue I could think of is the airbags only.
If daihatsu falsify their car safety for higher ncap rating, we have seen plenty of accident involving our myvi. If it was so unsafe, we definitely will know long time ago.
Market is overreacting. I opine that mbmr will shoot back up soon.
Continue buy the dip

ks5S

4,601 posts

Posted by ks5S > 2023-12-22 07:00 | Report Abuse

Thanks for the seller. I'm accumulating

Hush77

1,258 posts

Posted by Hush77 > 2023-12-22 08:49 | Report Abuse

Fake news , nothing related to perodua malaysia operation which is business as usual..

Posted by NorthernStar > 2023-12-22 08:58 | Report Abuse

News start in April 2023 and til now surface. Price like to go back to April pricing of RM3.10

Hush77

1,258 posts

Posted by Hush77 > 2023-12-22 09:57 | Report Abuse

Shld rebound back ....those who listen to fake news shld have sold yesterday , since it has nothing to do with perodua malaysia operations which is business as usual....
Fake news spreader are welcome to go to perodua showroom to view and order or buy perodua cars now - its business as usual..😀

Hush77

1,258 posts

Posted by Hush77 > 2023-12-22 10:01 | Report Abuse

Perodua has two manufacturing plants which are located in its 522-acre headquarters in Sungai Choh, Rawang. Located here are Perodua’s first facility – the Perodua Manufacturing Sdn Bhd (PMSB) plant and the second facility which officially opened in 2016 – the Perodua Global Manufacturing Sdn Bhd (PGMSB) plant. Both plants can produce up to 320,000 vehicles a year. Besides its vehicle manufacturing plants, Perodua also has two plants located in Sendayan TechValley near Seremban.

Mc_Wei

178 posts

Posted by Mc_Wei > 2023-12-22 10:04 | Report Abuse

https://www.daihatsu.com/company/know/04.html#:~:text=PMSB%20was%20Daihatsu%E2%80%99s%20first%20full%2Dscale%20overseas%20production%20business.
Daihatsu co-run Perodua. MBMR will only move if Perodua CEO issue statement they are not affected. So far he only said they are doing detailed assessment of the impact.

Hush77

1,258 posts

Posted by Hush77 > 2023-12-22 10:09 | Report Abuse

Meanwhile its business as usual.
It doesnt stop the business, sales office, msia manufacturing plant and its more than 50k workers from "moving"...haha

Paul Tan

146 posts

Posted by Paul Tan > 2023-12-22 11:53 | Report Abuse

buy the dip. market overreacting.

Hush77

1,258 posts

Posted by Hush77 > 2023-12-22 14:56 | Report Abuse

The most affordable vehicle with good quality which is made in malaysia is perodua...

Posted by SeekUndervalued > 2023-12-22 15:40 | Report Abuse

What comes to consumers mind when purchasing Perodua is affordable, and also the fuel consumption. I don't think Perodua will close shop due to this news affecting Daihatsu. Same goes for Toyota/Daihatsu. Toyota is the largest market cap in Japan, if they close shop, the whole of Japan will be affected. Not only Toyota is the largest market cap in Japan, they are also the largest car manufacturer in the world. The effects on Daihatsu/Japan will be temporarily as they are resolving this issue right now. Even there is halt of production in Perodua, the demand will outstrip the supply in short/medium term. When that happens, I think everyone will know what will happen as in economic principles. In my personal view, MBMR fundamental is still intact as they are also selling other brands as well such as Volvo, VW, and others. Not only that, they are in other businesses as well such as manufacturing of wheels, etc. I believe it is a bad idea to rush to sell its shares now due to this news. I think MBMR is still undervalued at this moment, and I won't hesitate to collect more when I have available fund.

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