Choong Wc's comment on BAUTO

Choong Wc

Not sure Skylar. Just saw news mentioning this special dividend is most likely from associate Mazda Malaysia. If this true then this special dividend is from dividend income from there so is not distribute from bermaz earnings or their bank balance

1 Like · 3 weeks · translate

Skylar

Great news @Cwc, thanks sharing

1 Like · 3 weeks · translate

Choong Wc

Yes indeed is a good news because if bermaz coming earnings is still on par like in the 1st quarter most likely there will be another special dividend in the 4th quarter

1 Like · 3 weeks · translate

Richard KH Wong

special dividend 0.07.

Like · 2 weeks · translate

Wayne

Wow attractive dividend

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赶羚羊草枝摆

wondering will this special dividend affect share price? and will second interim dividend be announced by this month once qr released...

1 Like · 2 weeks · translate

Choong Wc

Mmm seems this special dividend doesn't attract much interest. As for 2nd quarter dividend, I believe still got just how much only

Like · 2 weeks · translate

Choong Wc

Next week will know for 2nd quarter dividend

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赶羚羊草枝摆

since share price has been falling for months I guess retailer and funds are cautious about coming qr and afraid of dividend trap...

Like · 2 weeks · translate

Choong Wc

Not sure. But if the new cx60, cx80, CX5MS and Kia Sportage sell well then I believe bermaz able to maintain their commendable earning and distribute good dividend. Just that the share do not know why remain unpopular or dislike until skidded 25percent from their all time in just 3 months plus

Like · 2 weeks · translate

Choong Wc

Mmm seems like only nanyang press reported BAuto going to distribute special dividend. Strange

Like · 2 weeks · translate

Choong Wc

Bermaz recorded 119 unit of sales for XPeng G6 in Oct. This should contribute about 21mil revenue. If the sales almost similar to 1st quarter then we can see another dividend distribution for next week 2nd quarter result announcement

2 Like · 2 weeks · translate

KW Chin

Once ex-sate dividend 7sen, price may go below 2.00?

Like · 2 weeks · translate

Choong Wc

No idea but the share been sold down since the 1st quarter result announcement

Like · 2 weeks · translate

Choong Wc

Seems like the special dividend fail to attract interest. Selldown still persist. Really koyak. NExt week 2nd quarter announcement really dare not put much hope will push up the share price looking at the lack of interest for the 7 cents special dividend

2 Like · 2 weeks · translate

Elton Chan

Then drop somemore. Cant wait to collect more ticket. Good dividend stock.

1 Like · 2 weeks · translate

Choong Wc

Yup now is a good entry point for newcomers

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Elton Chan

Nope. I am existing shareholder. Waiting for better entry price ~

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Choong Wc

Nice.

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Choong Wc

Mmm still no price announcement for new cx60. Hopefully around 250k

Like · 2 weeks · translate

Choong Wc

Again falling before QR. History repeat itself. Haizzz

Like · 1 week · translate

KW Chin

B4 QR & Dividend announcement, oledi drop.

Like · 1 week · translate

Leong Kah Seng

It's been quite sometimes, a large fund perhaps has been dumping. The selling pressure very strong, what's more selling at losing

Like · 1 week · translate

Choong Wc

No idea but so far the holding for 2 largest shareholder EPF and the boss itself still maintain the same number of share

1 Like · 1 week · translate

Leong Kah Seng

Probably not the substantial shareholder, any possibility for foreign funds? Observing the volume and price, the stock price rises but vol low, when price drops, vol big. And the txn of dumping usually up to few hundred thousands up to million tickets.

1 Like · 1 week · translate

Skylar

I think if you are confident with the company & management, its good we average down the price of our position now, considering nett cash company & increase brand to their portfolio

1 Like · 1 week · translate

KW Chin

Next Tuesday Ex-Date 7 sen. Means its price will be below 2.00

Like · 1 week · translate

Choong Wc

Hi @KS Leong. The top 5 largest shareholders hold combine 52%. The fifth largest is a foreign holding. Any of these 5 dispose any share require to announce in Bursa. The 6th substantial shareholder is our own KWAP they have around 4%. If they are the one who sell need not make any announcement because holding is less than 5%. Not sure they are the one who is selling. Based on 4 % they hold about 48 mil unit

Like · 1 week · translate

Leong Kah Seng

Substantial shareholders should make announcement if there is any changes on their holdings. Below the 5% threshold is not required to make announcement therefore we can't identify the selling force. But analysing the selling pressure, it should be crocodile selling instead of retailer. Simply check today's txn, few time hundred K dumping, hardly imaging retailers hold that much and keep dumping months ago

1 Like · 1 week · translate

Choong Wc

Hope the crocodiles achieved they objective. Current price is year low

Like · 1 week · translate

Leong Kah Seng

But selling at loss.. I even checked on the short selling list but bauto was just shorted with very minimum units. Just hope that they faster finished out their selling so the price could eventually go up gradually.

Like · 1 week · translate

Choong Wc

Yes I'm also wondering why sell at lost? Unless got many shorties.

1 Like · 1 week · translate

KW Chin

Today QR & Dividend?

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Skylar

I entered few @ 2.04, hope to have dividend declared

1 Like · 1 week · translate

Choong Wc

Should be today

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赶羚羊草枝摆

should have second interim dividend amount depending on qr...

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Choong Wc

Yup see the sales performance

1 Like · 1 week · translate

KW Chin

The price may go to 1.90 after that.

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KW Chin

24Q2 profit = 90.1M.

25Q2 can be higher meh?

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Choong Wc

No idea. Higher than 1st Q consider very good liao

2 Like · 1 week · translate

rw

很快1.8，派多股媳也没用

2 Like · 1 week · translate

Skylar

10centssssss

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赶羚羊草枝摆

完了完了完了芭比Q了

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KW Chin

Wait for 1.50.

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Choong Wc

Oh shit. No eye see

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rw

Malaysia 股市是业绩不好会起的hahahha

Like · 1 week · translate

赶羚羊草枝摆

这只股不管好坏要跌就是跌了的

1 Like · 1 week · translate

KW Chin

When a company declare dividends, actually how does the company pay the $ to share holders?

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Choong Wc

Tomorrow sure very sien

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赶羚羊草枝摆

become "long-term" shareholder already haha

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Choong Wc

No choice bro. Already know competitions is very fierce but didn't know is this bad. Hope the bosses got counter measures if not really. .......

1 Like · 1 week · translate

赶羚羊草枝摆

@KW Chin direct credit into registered bank account on payment date or issue cheque...

1 Like · 1 week · translate

Stupid 097

The management must be held responsible for this QR. Launching new model very slow. Example the CX-60 has been redesigned in other countries but it is not available in our country yet.

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Choong Wc

Looks like this financial.year has to bite the bullets. Hope Bermaz can go back to it glory with new cx60,cx80, xpeng, deepals07 and kia sportage.

1 Like · 1 week · translate

KW Chin

If today closing is still above 2.00, it means this QR already incorporated in the earlier drop.

1 Like · 1 week · translate

Melvin My

Congrats fellow now that we upgraded become long term investor :)

1 Like · 1 week · translate

Selina Lim

Now can start enter ?

2 Like · 1 week · translate

Skylar

Monday better

2 Like · 1 week · translate

Choong Wc

Long term survival maybe need to add chinese ICE vehicle in the product range. ChangAn maybe as now they are partner is EV vehicles

1 Like · 1 week · translate

Elton Chan

Maybe all throw again after EX, 17/12

1 Like · 1 week · translate

赶羚羊草枝摆

1.95 collect a little bit...

1 Like · 1 week · translate

Choong Wc

Looks like this is the rock bottom result for Bermaz. Hopefully my assumption is correct and 3rd quarter should produce better result due to seasonal and year end promo campaign.

1 Like · 1 week · translate

KW Chin

Hopefully. As yr end sales high.

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Choong Wc

Should be alright comrade. As Bermaz already have new cx60, sportage, and all new cx5 in 2026 revenue and profit should be back to glory in FY2025/26. Just that the current FY need to bite the bullets

Like · 1 week · translate

JACK ES

from 2023 to 2024 basically most of the quarter revenue in downtrend. good luck

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bill hwang

I agree,sell first and re-enter in 2026.

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Choong Wc

The coming last 2 quarter for Bermaz should be stagnant or slightly better than current result as the market already gone through the wave of cheap Chinese car and with the salary adjustment for civil servant, bermaz should also benefit because lots of ppl still prefer to buy mainstream and reputable brand like Mazda.

1 Like · 1 week · translate

HONG XIANG LING

yes，i will buy new car nextyear

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Choong Wc

Yup maybe you can observe 3rd quarter and 4th quarter result before investing

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Choong Wc

Since the announcement on the 12th December, almost all investment firm has been downgrading TP for Bermaz so maybe their advice is correct as going forward there are not much catalyst for the share price to appreciate as the balance quarterly result expected to be almost similar to current quarter. Unless anyone want to promote to long term shareholder like most of the comrades joke in this forum.

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Choong Wc

Mmm another red day. The cheap and features packed chinese car really created havoc for all the mainstream car manufacturers. Don't know who can stand in the end?

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KW Chin

Can que at 1.80

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Choong Wc

Don't forsee much chance for the share price to go up in near term. Still buy?

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赶羚羊草枝摆

tomorrow dividend ex date might continue dumping...leek grow tall already need to trim a little bit so just be patient...

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Remmy Jr

Tomorrow and Jan. 16 add up is 10 cent dividend minus today share price 1.90 . Means below 1.80 can consider buy in.

1 Like · 1 week · translate

Choong Wc

No idea where is the good entry point. Just small consolation EPMB melaka factory has assembled 1k unit of haval car. Bermaz has 11% stake

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Choong Wc

Panic selling?

Like · 6 days · translate

Choong Wc

Since announced of the 2nd quarter result last week, believe a lot of retailers investor got purged out with heavy losses. Really is a bad ending for year 2024

1 Like · 6 days · translate

Choong Wc

For those who intend to keep for long term maybe now is a good opportunity but for those who plan to gain short term profit better stay aside because there are no positive catalyst for the price to go up

1 Like · 6 days · translate

Choong Wc

The current situation with Bermaz is not an isolated case. Going forward auto makers and dealerships need to reinvent themselves to survive this auto industry turmoil

Like · 5 days · translate

Choong Wc

Lots of people still busy cut lost. Haizzz

Like · 4 days · translate

Selina Lim

Choong yala 。People still panic selling 。Bad experience for year 2024 。

2 Like · 4 days · translate

Choong Wc

Hi Selina. Not much of panic selling just that most likely lots of people already suffer heavy losses from Bermaz and now they have no faith that's why sell and cut lost

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Remmy Jr

Below 1.60 is possible today.

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Choong Wc

Now is like people rushing to cut lost

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Choong Wc

Those outsourced EPF fund manager really daring still acquired when the price dropped below 2

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Elton Chan

2 supposed is the strongest support. It was the price before covid and that time profit was about 40m per quarter same like recent qr.

Like · 4 days · translate

Choong Wc

https://paultan.org/2024/12/19/omv-excise-duty-revisions-to-take-effect-soon-ckd-car-prices-in-malaysia-to-go-up-by-8-to-20-in-2025/?fbclid=IwZXh0bgNhZW0CMTEAAR0AWd78esJG5EZeFvZHG2xjjt7D1YdYhJp7aMG7IyqAcjclj42rJ2e62KM_aem_-yr6PJNHmvQcV-gMi2a62w

1 Like · 4 days · translate

KW Chin

Mazda, KIA will increase price soon.

Like · 4 days · translate

Choong Wc

Hi guys the above article is worth reading. Is about new tax that will cause increased in CKD car price up to 20%. Could it be fund manager see this new tax can be an advantage to Bermaz? As they are going to CBU the new cx60 and cx80. As currently chinese cars are CKD so they are subjected to this new tax. Assuming Omoda C9 currently sold at 188k with 20% increase maybe go up to 228k. On the other hand mazda dealer expect cx60 CBU price maybe around 250k or 260k. Which one will you all choose?

Like · 4 days · translate

HONG XIANG LING

cx60 cx60 cx 60

1 Like · 4 days · translate

Choong Wc

Panlai HongXiangLing

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Choong Wc

https://paultan.org/2024/11/14/kia-ev3-to-be-launched-in-asia-pacific-markets-in-2025/

Like · 3 days · translate

Choong Wc

Bermaz product line will greatly improve in 2025. KIA EV3 is much better than current best selling BYD Atto3 and price expected closely matching Atto3