BERMAZ AUTO BERHAD
KLSE (MYR): BAUTO (5248)
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Last Price
2.51
Today's Change
+0.01 (0.40%)
Day's Change
2.51 - 2.54
Trading Volume
1,947,500
Overview
Market Cap
2,940 Million
NOSH
1,171 Million
Avg Volume (4 weeks)
3,396,144
4 Weeks Range
2.43 - 2.60
4 Weeks Price Volatility (%)
47.06%
52 Weeks Range
1.96 - 2.60
52 Weeks Price Volatility (%)
85.94%
Previous Close
2.50
Open
2.52
Bid
2.51 x 104,100
Ask
2.53 x 1,668,400
Day's Range
2.51 - 2.54
Trading Volume
1,947,500
Financial Highlight
Latest Quarter | Ann. Date
30-Apr-2024 [#4] | 11-Jun-2024
Next QR | Est. Ann. Date
31-Jul-2024 | 12-Sep-2024
T4Q P/E | EY
8.37 | 11.94%
T4Q DY | Payout %
10.32% | 86.44%
T4Q NAPS | P/NAPS
0.70 | 3.58
T4Q NP Margin | ROE
9.61% | 42.75%
Market Buzz
2024-06-28
2024-06-27
2024-06-26
2024-06-26
2024-06-25
2024-06-25
2024-06-25
2024-06-24
2024-06-24
2024-06-24
News and Blogs
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: AUTOMOTIVE
Subsector: AUTOMOTIVE
Description:
Berjaya Auto Berhad (BAuto) is an investment holding company. The Company, through its subsidiaries, is engaged in distribution of Mazda vehicles in Malaysia and the Philippines. BAuto's geographical segments include Malaysia and the Philippines. Its core businesses include the provision of after sales services for Mazda vehicles, and distribution and retailing of Mazda vehicles. In the Philippines, the distribution of Mazda vehicles and spare parts is undertaken by its subsidiary, Berjaya Auto Philippines Inc (BAP), through appointed dealers. Its subsidiaries also include Bermaz Motor Sdn Bhd and Bermaz Motor Trading Sdn Bhd (collectively Bermaz), which are involved in the distribution and retailing of new and used Mazda vehicles and the provision of after-sales services for Mazda vehicles. Bermaz operates over six 3S (sales, spare parts and after-sales services) and approximately three 2S (spare parts and after-sales services) centers, and a Body and Paint Repair center.
Discussions
14 people like this. Showing 50 of 4,660 comments
https://www.dsf.my/2024/05/xpeng-g6-electric-suv-launch-in-august-with-rm180k-possible-price/
A good replacement to go EV....
1 month ago
I am think of Buying a small EV to Buy "mixed Rice" or Kopitiam morning visit----Spending RM100,000 is too
much ( over kill )
1 month ago
Perodua EV cheaper. Not more than RM100k and not less than RM50k. So far Perodua model quite reliable.
1 month ago
This counter is like that I'm used to it already...If share price rises maximum 5 cent won't go more than that but once in a blue moon only and might drop back the other day...anyhow the share price will recover back but takes time...
1 month ago
The fundamental of this company is very robust considered as one of the resilient stock better than invest in FD...
1 month ago
neohts:
> The total number of shares is 86,800, hardly 0.0074%, and the amount in question is RM26k. The management is doing this to create a sense of ownership among a select group of employees, I suppose.
1 month ago
Dear investor -
Yesterday, I took a position in BAUTO, as it looked undervalued. However, upon closer examination, I found its revenue to have gone up by over 50% in a year. Anyone here knows why the sales shot up last year?
Also, Income from Continuing Operations appears to be significantly higher than Cash Flow from Operations. This suggests that a significant part of the company’s earnings might be based on accruals rather than actual cash flows.
I wish to take a stronger position in BAUTO, but the above gives me a pause. What am I missing? Any insight would be much appreciated. Thanks. :-)
1 month ago
Yes, the high car sales in Malaysia in 2023 compared to 2022 can be attributed significantly to the exemption of the Government's Sales and Services Tax (SST) on cars. The SST exemption was a policy introduced to stimulate the automotive industry, especially in the wake of the economic challenges posed by the COVID-19 pandemic. This tax incentive effectively reduced the cost of purchasing a vehicle, making it more attractive for consumers to buy cars.
Here are some key points that explain this trend:
SST Exemption Policy: The Malaysian government reintroduced the SST exemption for cars as a measure to boost the automotive sector. This exemption effectively reduced the overall price of new cars, encouraging more people to make purchases.
Economic Recovery: As the economy started to recover from the impacts of the pandemic, consumer confidence improved, and people were more willing to spend on big-ticket items like cars.
Pent-Up Demand: There was a significant pent-up demand from consumers who delayed their car purchases during the pandemic years. With the SST exemption and improved economic conditions, many chose to buy cars in 2023.
Automotive Industry Support: The government and automotive industry stakeholders, including car manufacturers and dealers, actively promoted the benefits of the SST exemption, further driving sales.
Overall, the combination of the SST exemption, economic recovery, and pent-up demand played a crucial role in driving the unusually high car sales in Malaysia in 2023 compared to 2022.
1 month ago
On ESOS shrs for employees...
perhaps BAuto can look into rewarding more ESOS for employees based on merit rating on performance. Like for Bermaz Philippines CEO & team that has performed extremely well in FY24 vs FY23. As todate 9 mths FY24, Bermaz Philippines has already exceeded the 12 mths FY23's revenue by some rm50 M. So, we can some expect some 60% increase in revenue contribution from Bermaz Philippines for FY24. Such CEO & team should be rewarded exemplarily....
https://www.autodeal.com.ph/articles/car-features/mazda-leads-in-after-sales-service-satisfaction-2023-can-2024-surpass
1 month ago
In the first quarter of 2024, the GDP of the Philippines grew by 5.7% compared to the same period in the previous year. This growth was driven primarily by the financial and insurance activities sector, which grew by 10%, as well as the wholesale and retail trade, and the repair of motor vehicles and motorcycles sector, which expanded by 6.4%. The manufacturing sector also contributed with a growth of 4.5%.
We also have growth in Malaysia....more in traffic jams...
1 month ago
Malaysia TIV (Total Industry Vehicles)
2023 (Feb-Apr) =190,244 vehicles
2024 (Feb-Apr) =193,333 vehicle
In Malaysia, number of cars sold in 4QFY24 are about the same as 4QFY23.
Likely similar revenue for BAuto of about RM 1B. for 4QFY24.
3 weeks ago
Am quite worried about this year revenue/profit. I went to check figures from data.gov.my , sales of Mazda all models are plunging this year. From June-2023 till now, already can see the downtrend in revenue and profit, each quarter lower and lower.
3 weeks ago
Proton Edar Sdn Bhd chief executive officer Roslan Abdullah said May saw a return to positive growth as TIV increased both year-on-year and month-on-month basis, reflecting the resilience of the local automotive industry.
“With the cumulative TIV until May already making up 44.6 per cent of Malaysia Automotive Association (MAA)’s full-year projection of 740,000 units, we believe there is still room for growth in the local automotive industry,” he opined.
3 weeks ago
Malaysia’s TIV, which is estimated to have grown by 20.7% to about 70,000 units in May, and rose by 8.8% to 330,236 units year-to-date.
Proton has announced its car sales have gone up by 14% in May.
No news yet from Mazda, Perodua, Toyota, etc......
3 weeks ago
Tan Teng Boo @CapitalDynamics is optimistic on China, on EVs, on autonomous driving and on XPeng EV G6....
XPeng G6 to be launched soon.
BAuto is now on autonomous driving with one foot on the Forward gear (XPeng & Kia EVs) and another foot on the Reverse gear (Mazda SUVs).....
https://youtube.com/clip/UgkxVuCpjVSkBcItQI48vyIMD4qYsOvJxEwC?si=vnBHRf3Q-ksGQU14
2 weeks ago
Manila and Bangkok traffic Jam remain the same even petrol price is much higher than KL---Maybe some knee
jerk effect but those that can afford Mazda are quite rich to start with---maybe Axia demand might drop
2 weeks ago
according to management, last year, Big rush to beat SST---inflated revenue & profit
2 weeks ago
Fabien _the efficient capital allocator
This is my dividend staples. 13% yield based on cost price.
2 weeks ago
even yoy decrease -10% it's still considered an outstanding quarter result...
2 weeks ago
BAuto results better than expected….
Gross Profits FY24 vs FY23….
Malaysia +30M or up 9%
Philippines +30M or up 97%
Associates(Inokom) +11M up 28%
Overall Net Profits +50.5 M or up 15%
Dividend per year at 26 sen is better than last year 22 sen
Let it ride….FY25 will be electrifying as fuel price n inflation heats up….
2 weeks ago
BAuto FY25 drivers....
√ Philippine car sales
√ Kia Electrics
√ XPeng Electrics
√ Mazda Hybrids
Positive Economic transformation starts in Malaysia....
√ Diesel n Petrol price increase Jun 2024- June 2025
√ Consumption, car sales, traffic jams, parking rates, etc. will also increase....
2 weeks ago
Fabien _the efficient capital allocator
Targeted fuel subsidies may drive demand for affordable EVs, potentially increasing hybrid and EV adoption in Malaysia. Xpeng G6 to be launched in August.
2 weeks ago
A lot of people still have no confidence in EV car in Malaysia. Charging may be a big issues. Peruduo also coming up with local EV car which is a lot cheaper. It will take a least 3 years to get people confident
2 weeks ago
Malaysia has aimed for EVs to account for 15% of the total industry volume (TIV) by 2030 and 80% by 2050.
Very unlikely can achieve such targets, probably only 15%.....
Consumers have given up on EVs in USA.....only in California
https://www.youtube.com/watch?v=OprBrJ2qrnM
2 weeks ago
Madza CX30 has a very interesting Drive system. A combination of EV and rotary engin
( petrol ) that generate Electricity to charge EV Drive section---Rotary Drive in 70's
are used to Drive Madza Rally Car
1 week ago
Bermaz can also initiate an EV production plant of XPeng G6 EVs for exports to US , EU n Asia?
https://www.reuters.com/markets/chinese-companies-seek-assurances-malaysia-avoiding-us-tariffs-ft-reports-2024-06-25/
4 days ago
China can help Malaysia with EV plants startups…
When it comes to Malaysia's transportation sector, electrification is no doubt the most viable way to decarbonise and help the country achieve its net zero goals by 2050. This will be especially impactful with the electrification of fleet vehicles as well as public transportation.
XPeng can also be an investor in Bermaz, just as VW invests in Rivian….
https://www.cnbc.com/2024/06/25/volkswagen-rivian-stake.html
4 days ago
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