The 2-for-5 bonus issue has no impact on our earnings forecasts. Our EPS forecasts and target price are unchanged for now pending completion of the corporate exercise. However, the bonus issue would enhance BAuto’s shares trading liquidity and improve its perceived affordability.
waww.. i dont know what happen? any news??look like big shark buying after O&G fallen a bit. i miss the chance to sell on high. tomorrow need to watch it closely.
yesterday closed, i see big shark buy 400 lot @ 16:50, that why price spike to 4.20.. (mybe big shark read my comment now.. hihi). nothing to worry, bjauto still have more catalyst (CX3, mazda6 ckd)
Mazda 2015 Mar selling result in Malaysia : 1503 units Mazda 2015 Apr selling result in Malaysia : 705 units Mazda 2015 Feb,Mar,Apr total selling result in Malaysia : 3202 units ---Q4(this FY) Mazda 2014 Feb,Mar,Apr total selling result in Malaysia : 2642 units ---Q4(last FY)
Mazda 2014 Nov,Dec and 2015 Jan total selling result in Malaysia : 2511 units ---Q3(this FY)
The big man trying drove down the price to buy back in more cheaply before the bonus share issue. Now small players are panicking. But share price will rebound. Trend is upwards. Analysts all raising target price. Maybank has raised to RM5.00. That is a conservative estimate. Can make good money from current share price. Big man definitely going to make money from this.
i agree with @TheKingFish. they sold on high but waiting at low. people panic selling, plus report of sales car drop too much. but compare to mac, huge drop due to people buying before GST. and i sure that sales on may onward will improved due to mazda3 ckd start selling on the end of april.
EPF won't cabut this share. Fundamentally undervalued and will be heading upwards again very shortly. Look at the rating for BJAUTO from S&P. On a scale of 1 to 5 they are rating it 1 for momentum. The most positive valuation. This is a number that professional traders will look at. Except to see a rebound shortly.
EPF has been actively acquiring BJAUTO shares since 20.05.2015 (after the approval of bonus issues). On 20.05.2015, they held 40,922,600 shares and on 29.05.2015 their holding increased to 44,104,000.
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....
blackdove
334 posts
Posted by blackdove > 2015-04-29 09:31 | Report Abuse
What will be the APR selling result?