RHBOSK IB target price 3.05 .. I hold. Car/SUV/EV.. Vehicles are like smartphone. People like to upgrade when their currency older units giving problem , glitch and outdated. It is a lifestyle.
i do not take too much concern of which side have more lines up/volume . Many times it went the wrong direction, that's why we are still here still punting . Still hope to have good coming in DEC.. So i will still hold
No sell call from any IB. And buy call more than hold too. Probably overall market sentiment after effect of US action. I still holding some spare for coming DIV ( hopefully there will be next month and could give a boost)
Checked the JPJ new car registration if not mistaken mazda sales dropped another 25percenr compared to 1st quarter. Really sad place bet on the wrong counter
Overall Malaysia Car sales drop? Bermaz not just selling Mazda. They sell Xpeng , Kia , and also pre-owned Madza , Kia ,Xpeng after sales services and spare parts too. They are selling Mazda in Philippine too , not just in Malaysia
Agreed bro. Just that don't see much upward potential for this. With sales getting lesser and this reflected in more than 25% dropped in stock price from the high of Rm2.67 in 3 months times
We are not in position to commend its future prospect ..But hope they have plan ahead such as investment into EPMB . Car are like Smartphone. You need change and buy a new one when it get old. RM5000 to RM8000 smartphone (consumer willing to spend , every year , near model ) , Washing machine RM12000++ marketable.... Car business ? I think is sustainable if WELL MANAGED. Not many counter giving high dividend over 8% , but again cannot commend if this will continue sustainable or not.
Honda, Toyota are giving huge discount for their cars. Don't just look at dividend. It can be a deadly trap. If sales keep going down, dividend will also shrink. Same case like BAT.
Yup Mazda always give the impression that they're slightly different from others Japanese marque. That's y their cars is above average. But unfortunately the recent cheaper and more fancy china car has affected the mainstream brand quite badly.
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cwc1981
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Posted by cwc1981 > 4 weeks ago | Report Abuse
Saw many Xpeng already on the road looks good