Choong Wc's comment on BAUTO. All Comments

Choong Wc
Mazda 3 sold here is CBU?
Like · 1 week · translate
cheng
q4fy25 in 2 weeks time. Another 20M range qtr performance until new models launch.
1 Like · 1 week · translate
Choong Wc
Mazda 3 1.5 upgrade indeed a good buy. With low specs price and upgraded accessory is really worth
Like · 1 week · translate
cheng
Just chill, collect dividend and keep tab on the progress of the new models. Hope to see recovery making progress second half of next year
2 Like · 1 week · translate
KW Chin
Last quarter's no. Of Mazda sold is a lot?
If its same as Q3, then profit will be about same as Q3.
2 Like · 1 week · translate
Melvin My
CX 60 RM199k ada market?
Like · 1 week · translate
Choong Wc
Should got if the specs is similar to singapore. If lesser accessories or lower specs then demand will be lower
Like · 1 week · translate
Yike
so hard break serringit
Like · 1 week · translate
Harith Naim
CBU Japan + RWD. Definitely an option to those considering Harrier 2.0 which can be seen plenty on the road.
Like · 1 week · translate
Choong Wc
Just heard from dealer not sure how reliable, higher power engine most likely available at cx80 only. Cx60 is 2.5 na and maybe 2.5 phev at later. This make sense because 3.3 inline six road tax is super expensive. Since cx60 is CBU maybe higher power engine can be import for customer who don't mind paying more on road tax and higher price.
Show more
1 Like · 1 week · translate
KW Chin
Bauto's NTA=0.558, means its total assets worth 0.558 per share?
Like · 1 week · translate
Choong Wc
Yes bro
Like · 1 week · translate
ting pang eng
Genting’s NTA= RM8.3 , share price <RM3. Buy based on NTA !?
Like · 1 week · translate
Yike
mai Mai Mai serringit offers gawai
Like · 1 week · translate
Choong Wc
Next week is the 4th quarter result. Looking at the price movement these few days most likely profit will be lowest compared to the 1st 3
Like · 1 week · translate
Yike
finally below serringit..
cheap2 collect
Like · 1 week · translate
Choong Wc
Penny stock liao. Haizzz. Seems like in many countries Mazda has started revising pricing to existing models by lowering the price and giving more features and accessories to their cars. Hope Mazda malaysia will follow soon in cx5, cx 8 and others besides mazda 3
Show more
Like · 1 week · translate
Michael Saw
Margin to squeeze + revenue fall, you know the outcome wont be good. Expecting dividend yield to drop as well.
Like · 1 week · translate
Choong Wc
Mazda has been lowering the price between 10k to 30k for their cars in other countries. If here highest cx5 2.5t can lower to 160k then is really a good buy. Even current models has shown some ageing but aesthically still look good compared to a more generic design of chinese brand. With the right pricing consumers willing to tolerate on aged design even I may consider taking a unit cx5 2.5 if pricing is right
Show more
2 Like · 1 week · translate
Yike
Mazda AGM got free snack or drink?
Like · 1 week · translate
Choong Wc
Wait till 4th quarter announcement 1st brother
Like · 1 week · translate
SHARE ACCOUNT
looks bad is it...if profit another 20mil, the respon are gonna fast
Like · 1 week · translate
赶羚羊草枝摆
most likely revenue shrinking and profit less than 20m
Like · 1 week · translate
KC Chiok
confirmed based on SIME report, automotive and gov data tell all
Like · 1 week · translate
Elton Chan
Look forward. Share is reflecting future. Cx60, 1.5l mazda3, deepal. 2nd half of the year would be interesting
2 Like · 1 week · translate
Choong Wc
No other option just wait whether new models and price cut able to capture the interest of new buyers
1 Like · 1 week · translate
Choong Wc
Cx60 has officially on sale. Seems like the 2.5NA engine has almost the same hp as the crv ehev but definitely the fc will be slightly higher. At least is not underpowered for this size.
Like · 1 week · translate
cheng
Thanks, Choong. Keep the models coming and looking forward to 2nd half of next year.
Like · 1 week · translate
KW Chin
If new models coming... Now can start accumulate some
1 Like · 1 week · translate
Elton Chan
Like · 1 week · translate
KW Chin
Wah, 5 yrs warranty, 5 yrs maintenance. Such good deal.
3 Like · 1 week · translate
Choong Wc
This is one of the selling point for mazda buyer. 5 years peace of mind. Hope Bermaz will soon bring in more new models and trim price for older models to boost up the sales and profits.
Like · 1 week · translate
cheng
Happenings at Mazda globally - Mazda’s CEO promises five new products by 2028, including hybrids and electric models. https://www.carscoops.com/2025/02/mazda-sketches-hint-at-future-suv-offering/
Like · 5 days · translate
Choong Wc
after seeing more details on the cx60 2.5NA for sale, feel a bit eager to buy one unit because the specs and the price actually quite competitive against Honda CRV ehev and Omoda C9. With 200kotr for cx60, Omoda C9 definitely out off consideration due to the strange interior and exterior looks of C9
Show more
Like · 5 days · translate
cw yeo
I guess can get good response from the market
Like · 5 days · translate
Yike
Monday can big reborn no worry
Like · 5 days · translate
Choong Wc
cx60 2.5NA at 200k at least we can assume future incoming models will also be price competitively. Mazda cars will able to compete with the more budget friendly chinese cars
Like · 5 days · translate
Harith Naim
The earliest delivery is in Sept. Positive outcome can only be seen after the next 2Q?
Like · 5 days · translate
Yike
Mazda logo likes attack of titans still got market
Like · 5 days · translate
Choong Wc
Should be Harith because the delivery only in Sept. I believe this 2.5NA cx60 should sell quite well because is should drive like Honda crv ehev given the numbers almost similar. Many ppl in opinion should bring in the 3.3 and 3.3D engine but if Bermaz really bring in maybe It won't sell too well like the cx5 majority still go for 2.0 NA because is more economical to maintain. Maybe for hard-core mazda fans prefer 3.3 engine. Also 3.3 engine is a triple whammy for car owner given the higher road tax, insurance and fuel cost. In my opinion the next best option will be the 2.5 pHev variant. Hope Bermaz will bring in next.
Show more
Like · 5 days · translate
cheng
Should not expect V-shape recovery for BAuto. It should be L-shape which probably will start 2nd half of next year. One qtr at a time and stretching over 2 to 5 years perhaps :)
Like · 5 days · translate
Choong Wc
Yup Cheng. Share price should be remain low. Just hope profit can go up and dividend as well. Next see whether Bermaz will bring in ez6 and ez6e. If yes believe these 2 models should sell well too. Especially the ez6e that is a range extender ev SUV
Show more
Like · 5 days · translate
cheng
That's right, Choong. The key point is Mazda car's roadmap - new model cycle (every 4 to 5 years) and facelift cycle (every 2 to 3 years) for the segment that BAuto is selling. As long as the roadmap is clear and executed according to plan, BAuto will do well given higher margins for Mazda cars compared to other brands that it is distributing. That's just my opinions and could be wrong.
Show more
Like · 5 days · translate
Choong Wc
Let this time be a valuable lesson for Bermaz. Overly optimistic and underestimate competitors. Over optimistic is on their own judgements assuming market will accept the pricier Kia Sportage and depends only on overdue cx5 as a volume contributors and profit generator. Underestimate is on chinese brands market acceptance and pricing driven car buyers. Anyhow believe Bermaz will able to recovered given their size in the market is not big and mazda cars is known for it built quality and reliability
Show more
Like · 5 days · translate
Elton Chan
Never chase high. And now is the right price to enter
Like · 5 days · translate
Yike
below serringit buy a Mazda worth
Like · 5 days · translate
cheng
That's right, Elton Chan :) just need to keep monitoring the Mazda models availability. It's cyclical as long as there is visibility of new models and facelift model within the cycle. Any delay which is out of the life cycle by Mazda will hit BAuto's top line and bottom line.
Show more
2 Like · 5 days · translate
Melvin My
An article cited: 要说展台C位,非EZ-60莫属。这车火到什么程度?上海车展亮相后,光是小订订单就突破了2.6万辆!小编现场瞄了眼用户画像,76%是25-40岁的年轻人,超7成来自一二线城市,妥妥的都市新贵座驾
2 Like · 4 days · translate
Choong Wc
ByD got USD 25 billion debts? So much vehicle sold still got so much debts
Like · 4 days · translate
KC Chiok
price war came with consequence
Like · 4 days · translate
Peng Zhong Wong
it is the problem of overcapacity, got news said they keep make car and dump to dealer even sales not good

factory got fix cost, if make less car, may be hard to cover cost
Like · 4 days · translate
SHARE ACCOUNT
80sen is the fair price..might get below that before up again
1 Like · 4 days · translate
Yike
tauke when released flying car...everyone can fly sure high market
Like · 4 days · translate
cheng
zero mileage car practices for EV cars in China, peng zhong wong.
Like · 4 days · translate
Choong Wc
Bermaz management really made a fatal mistakes for this FY. Should have anticipate competitions earlier instead of being too optimistic on forecast sales for FY24/25.
1 Like · 4 days · translate
Choong Wc
looking at today trend it seems like more and more ppl are cutting lost in Bermaz. maybe one of them is EPF itself. See whether got any shareholding changes announcement coming out. we as a minority shareholders just brace and prepare for the worst
Show more
Like · 3 days · translate
KC Chiok
Certain funds selling, such volume cannot be due to small investors
Like · 3 days · translate
Choong Wc
Yes KC, as Bermaz got removed from various indexes lately many funds will have to dispose as maybe the funds only allowed to invest in certain companies that is in indexes categories
1 Like · 3 days · translate
KC Chiok
True enough
Like · 3 days · translate
KW Chin
QR negative profit.
Like · 3 days · translate
Melvin My
KW, this is guessing or insider info?
Like · 3 days · translate
KW Chin
This PE, is already low, buy buy buy.
1 Like · 3 days · translate
Choong Wc
Interesting explanation how BYD operation being run
Like · 3 days · translate
cheng
will the results be released this week or next week?
Like · Yesterday · translate
Choong Wc
Suppose is today. Just estimation
Like · Yesterday · translate
cheng
Thanks, Choong. 15M to 20M qr?
Like · Yesterday · translate
Choong Wc
I wish I know my friend. But if the profit close to 3rd quarter is a good achievement but I doubt
Like · Yesterday · translate
赶羚羊草枝摆
I guess less than 15m maybe single digit
1 Like · Yesterday · translate
Melvin My
血的教训…一切跟berjaya搭边的
1 Like · Yesterday · translate
cheng
21M :) keep it steady until new models.
1 Like · Yesterday · translate
Choong Wc
Luckily is not as bad. Hopefully next year will be better because got contribution from cx60. Hope bermaz will slash prices for Mazda 3 and cx5 to boost up revenue
2 Like · Yesterday · translate
cheng
2nd half of next year which will be FY27, Choong. Importantly is the availability of new Mazda models every 4 to 5 years and facelift models every 3 year. FY26 should continue to see 20M range qr and hopefully beginning to see uptick towards end of FY26.
Show more
2 Like · Yesterday · translate
Harith Naim
Time to slowly add!!
Like · Yesterday · translate
william Ng
Time to run away tomorrow
Like · Yesterday · translate
Choong Wc
If the profit stay in the region of 20 mil plus plus then should be ok while waiting all the outdated models to be replace. High anticipation on cx60, cx80, ez6 and ez6e.
1 Like · Yesterday · translate
SHARE ACCOUNT
new fair value is 62sen...but i think tomorrow gonna up a bit
Like · 20 hours · translate
Yike
kasih limit down first
Like · 20 hours · translate
KC Chiok
if limit down, that will make things worse, a lot of small investors will freak out
Like · 20 hours · translate
Yike
half2 15c boleh bha.. I think no much bilis in bursa because of 97an story made bilis afraid jiaksai.. most asnb only
Like · 20 hours · translate
cheng
5% dy trending currently. will local funds/insti grab it given the low interest rates environment ahead? :)
Like · 8 hours · translate
Yike
pls limit down shows .. long time no see already
Like · 8 hours · translate
Alpha Beta Gamma
20% 股息,真的假的
Like · 8 hours · translate
KC Chiok
BBQ 了,业绩也是在预测中,短线玩家拿钱走人
Like · 8 hours · translate
Jaredgwee
Very cheap, but at this market conditions totally different from MCO covid time. Last time MCO ppl cut all spending so madza not selling well. Ppl to showroom compare CX5, CX60, CRV, J7,omoda C9 at the end 80% choose China car... Bermaz can u turn uptrend like before 2020-2024??
Show more
Like · 8 hours · translate
cheng
yes and no, alpha :) yes if you look at the total payout for FY25 (16.75 cents) and divided by the current market price. No if you look ahead as current profit trending is 20M range and it will probably stay around this range until the new models kicks in. Assuming it is min 22M per quarter estimate and that comes up to 88M profit per year. Dividend policy of 60% means 52.8M will be distributed to the shareholders. Divided by nosh that gives you a min 4.5 cents div per year estimate. At 0.85, we are talking about 5.3% dy which is pretty decent given the incoming low interest rates environment; better than FD and matching returns from bonds/funds excluding capital gains if you will. The latest numbers in the qr showing it is still net cash position of slightly more than 200M which means no concern with dividend payment in the future. just my personal opinions, could be wrong. hope it helps.
Show more
4 Like · 8 hours · translate
Choong Wc
Really disastrous day for Bermaz and minority shareholders like me.. huhuhu
Like · 2 hours · translate
cheng
Cannot imagine if there are shareholders holding tickets with price above 2.0.
Like · 1 hour · translate
Harith Naim
Hoping for a V shape recovery.
Like · 1 hour · translate
Elton Chan
Not so soon. Boss and epf not supporting at all. Probably wait till 0.75
Like · 1 hour · translate
Michael Saw
Still dreaming of past year div u r definity wrong
Like · 1 hour · translate
Choong Wc
This financial report bosses dare not commit which models will be selling well. Last year bodly mentioned 5k units of kia sportage for FY24/25. If Bermaz really want to compete with chinese brands sub 200k and c segments suv is the battle ground. Just wondering why mazda keep upgrading the specs in cx5 models in the rest of the countries but Bermaz here still no reaction? Especially in US, UK, Australia, Taiwan and even Japan itself all cx5 had been give specs upgrade and price reduction but not malaysia. Really wondering?
Show more
Like · 1 hour · translate
Michael Saw
Chong if really survey the market u will see the answer
Like · 1 hour · translate
cheng
Unlikely V-shape, Harith. BAuto missed the EV trends timeline, removed from MSCI small cap index, and lack of new models at the back of influx of China cars. It should be L-shape given it's clean balance sheet with net cash slightly over 200M and starting to see new models launching for sale / in the pipeline. Takes time for sales to pick up.
Show more
Like · 1 hour · translate
Michael Saw
This not cyclical business u have cash also no use. Business drop due to facing most strong competittor n rival in history
Like · 1 hour · translate
Choong Wc
What survey Michael?
Like · 1 hour · translate
Michael Saw
Eu n japan paky margin, china play quantity not care margin hehe.. business cannot sustain in long run unless they bring in more china competitive brands like xiao mi n huawei
Like · 1 hour · translate
Choong Wc
I do agreed with you Michael but Bermaz core brand is Mazda and japanese brand has long established in the automotive industry so is still important for Mazda or Bermaz malaysia to reinvent themselves to stay competitive. Not sure how chinese brand able to make profits but that is the question other auto maker has to figure it out.
Show more
Like · 1 hour · translate
Michael Saw
Margin drop from around 15% to around 7%..will revenue n margin continue drop next few quarters. Think 3 times if u want to keep
Like · 1 hour · translate
Malaysia 123
wait and see. wait china EV wars kill them selve. which one will be survive, whom will win and earn money afterward.
Like · 35 minutes · translate