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Overview
Financial Highlight
HeadlinesBusiness Background MBM Resources Bhd is a Malaysian company which is in the business of motor trading and manufacturing of auto parts. It has Motor trading, Auto parts manufacturing, Property development and Others segments. Motor trading segment covers marketing and distribution of motor vehicles, spare parts and provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration and harshness products and provision of tyre assembly services. Property segment includes development of menara MBMR and Others segment encompass investment holding, corporate headquarter and dormant companies. Motor trading segment generates most of the revenues for the company.
  SincereStock it is no brainer to enter right after the latest QR announcement while the price hasn't start moving up that time because price moving up is imminent without any other influences 21/03/2022 1:09 PM SincereStock @valuewood11, drop no need reason punya, every fundamental good company also can drop, that's why need lock profit from time to time, reenter only if dropped to certain point 30/03/2022 6:45 PM  cn21 current sales tax (SST) exemption for new vehicles is extended until June 30, 2022. Thereafter, TIV will be reduced... 04/04/2022 4:16 PM  faridfet you are right cn21, prospects continued strong demand for vehicles supported by favorable interest rates & continuation of sales tax exemption until 30 June 2022 plus with the weakening of the JPY currency will benefit MBMR which company have some imported content exposure to the Yen, but its model are highly localised in general. However, MBMR still could benefit from the strengthening of the ringgit, through their equity stakes as the automaker would enjoy lower landed costs in ringgit terms. The demand for Perodua cars also remains healthy with most of its models having longer than a two-month waiting period. Perodua said this is a good sign of their sales. Not to mentioned, Perodua is aiming to revamp its dealership network by double the numbers of its 3S (sales, services, and spare parts) outlets within this 4 years. This should further strengthen Perodua’s after-sales service and branding. So just relax and stay the sweet journey of MBMR for this 2022, atleast enjoy the next quarter report because SST exemption has been extended until 30 June 2022. 04/04/2022 11:12 PM faridfet News on 5th April 2022: Perodua registered sales of 61,624 vehicles in the first quarter of the year, a 6.4% jump from 57,909 vehicles in the same period in 2021. Sales in March alone jumped 9.5% year-on-year to 26.759 vehicles compared with February 2022. According to Perodua president and CEO Datuk Zainal Abidin Ahmad, the auto company was able to work with its suppliers and dealers to less the impact of Covid-19 and component supply issues. Our focus is now to expedite the vehicles delivery to our customers before the sales tax exemption deadline ends on 30 June 2022. Perodua also echoes MAA’s (Malaysia Automotive Association) request to further extend the sales tax exemption as factors such as the global semiconductor supply disruption and Covid-19 cases are still impacting the industry. He added that the government's sales tax exemption helped to keep demand high and sustain the industry. Moving forward, Zainal said the second quarter of 2022 will be the highlight of the automotive industry as brands will deliver as many vehicles as possible within the three-month period. We do not foresee other factors such as the conflict between Russia and Ukraine to have a major impact on Perodua’s production moving forward. https://www.thestar.com.my/business/business-news/2022/04/05/perodua-sales-rise-64-to-61624-units-in-1q0392022 05/04/2022 11:47 AM faridfet MBMR will skyrocket until 30 June 2022. Still have a lot of time. Cheers mate. 05/04/2022 11:49 AM faridfet -EPF acquired 200,000 MBMR shares on 31-Mar-2022. -EPF acquired 147,600 MBMR shares on 31-Mar-2022. -EPF acquired 146,000 MBMR shares on 30-Mar-2022. -EPF acquired 143,600 MBMR shares on 29-Mar-2022. huat ah 888! 05/04/2022 8:19 PM faridfet Good news for MBMR 11 April 2022: Malaysia's wholesale, retail trade sales up 8.5% to RM117.2bil in Feb 2022 Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM). Vehicles sector had expanded by 12.5 per cent or RM1.4 billion to RM12.5 billion in February 2022, attributed to sales of vehicles parts and accessories which increased 27 per cent to RM3.5 billion. The expansion was also supported by the growth in maintenance and repair of vehicles (+27.3 per cent), sales of vehicles (+3.3 per cent), as well as sales, maintenance and repair of motorcycles (+5.1 per cent). https://www.thestar.com.my/business/business-news/2022/04/11/malaysia039s-wholesale-retail-trade-sale-up-85-to-rm1172bil-in-feb-2022 12/04/2022 12:29 PM faridfet News on 13 April 2022: Perodua’s sales increased to 26,759 units in March 2022, 54% higher than the 17,421 units registered in the previous month February 2022. In the first quarter of 2022, Perodua sold 61,624 units, 6% higher than the 57,909 units registered in the same period of 2021. As a result, Perodua had achieved 25% of its sales target for the year of 247,800 units. Its top-selling models in the first quarter of the year were the recently face-lifted Myvi, followed by the Axia and Bezza. The group was pleased with the improved sales registered by Perodua in March 2022. 13/04/2022 11:50 AM faridfet News on 22 April 2022: Vehicles sales up 12.7% to 73,222 units in March 2022 Source: https://www.thestar.com.my/business/business-news/2022/04/22/vehicle-sales-up-127-to-73222-units-in-march#openShareModal General sentiment on MBMR’s sector is nice…. 23/04/2022 8:40 AM All_in_2021 What's the prospect after SST exemption ends? that will be the questions. No doubt business will be good until June. 24/04/2022 1:11 PM faridfet Mr All_in_2021. Malaysian Automotive Association (MAA) said the government is now considering to extend the sales and service tax (SST) exemption after 30 June 2022. MAA has made an appeal letter to request for the extension from the Ministry of Finance, which will be sent after the AGM :) 24/04/2022 2:28 PM SincereStock sold all of my remaining MBMR, QR expectation isn't good by comparing to QR of the same industry 25/05/2022 9:14 AM SincereStock quite impressed and unexpected to be honest. but some of the EPS come from land disposal gain 26/05/2022 12:31 PM keithtrade Another 6 sen, with such a low PE, high dividend, no debt, full order book, this share is a bargain at current price. 05/06/2022 1:42 AM jackjason every quarter the most profit contribution is from associate company. can see the profit but cant touch it unless dividend issue . 05/06/2022 4:51 PM investortrader88 https://www.theedgemarkets.com/article/mbm-resources-declares-special-dividend-after-2q-profit-jumps-over-fourfold 25/08/2022 8:19 PM keithtrade Lovely, another special dividend. Still undervalued at current share price. 25/08/2022 9:28 PM bowman First level of support, 3.22. If this is breached, 3.05. Watch for the 3.20 level - this is the golden fibo level which if broken, will signify a sell-out by the corporates. Sellers are dominating over the last four weeks. 06/01/2023 9:25 AM investortrader88 investortrader88 Just noticed my queue buy matched RM 3.15.good luck guys 2021-09-21 14:32 :):);) 21/02/2023 9:56 AM investortrader88 https://www.thestar.com.my/business/business-news/2023/02/21/mbm-4q-revenue-climbs-165-to-rm651mil 21/02/2023 11:37 AM pang72 https://www.sinchew.com.my/20230221/%e9%a9%ac%e8%82%a1%ef%bc%88%e7%bd%91%e7%bb%9c%e7%89%88%ef%bc%89-28/ MBMR!! 21/02/2023 12:38 PM skyinvestor total 7 analysts call to Buy this stock but this video calling to sell, worth watching imo https://youtu.be/OfrhtW04TrI 27/02/2023 10:36 AM planta2 Sell call? Everyone knows after ex date the stock will normalised. But to fall to below rm3.30, I’m skeptical. After all, perodua having strong order log and I’m waiting their EV coming into market 27/02/2023 1:15 PM skyinvestor found the analysis to be interesting, anyway time shall tell which one will play out 27/02/2023 2:51 PM Invest_888 MBMR promising dividends sharing with investors and affordable cars' price and saving fuel capability make it as best car stock. 06/03/2023 11:01 AM Paul Tan New Perodua Axia https://paultan.org/2023/02/14/2023-perodua-axia-d74a-launched-1-0l-d-cvt-dnga-larger-body-g-x-se-av-variants-fr-rm38-6k/ 07/03/2023 4:11 PM  |
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