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BAUTO (5248) : BERMAZ AUTO BERHAD
CNY2012
Member Star
Posts: 111
Joined: Dec 2011
Male, MYS
05 Dec 2013, 01:13 PMPost #1
AmResearch maintains Buy on Berjaya Auto

KUALA LUMPUR: AmResearch has initiated its coverage on Berjaya Auto with a Buy and a fair value of RM2.10 a share.

It said on Wednesday its high conviction Buy on BAuto was based on several factors which include a massive 68% earnings compounded annual growth rate over FY13-16F riding on a strategic transition to a completely knocked down business model.

Other factors included it being a key beneficiary of Malaysia’s soon-to-be announced EEV program, the best Malaysian proxy to high growth and underpenetrated auto markets within ASEAN and a capex-light, high growth business structure with a solid balance sheet - net cash of RM114mil post-IPO,” it said.

AmResearch said BAuto was an early cycle play into the expansion of Mazda’s ASEAN CKD operations - overseas production ratio is expected to grow to 50% by FY16F from 30% in FY12.

“Malaysia is earmarked as one of Mazda’s key production base with a recent RM100mil investment into manufacturing facilities kicking off production in May 2013.

“The transition from a high cost CBU-centric to a CKD-driven business model is key in driving a more efficient cost structure. Mazda TIV is expected to grow by 18%-33% over FY14-15F riding on new CKD launches,” it said.

AmResearch added BAuto is also a key proxy to Malaysia’s EEV program, riding on the global rollout of Mazda’s new generation fuel efficient SkyActiv-equipped models.

“The Philippines is another growth market where BAuto recently secured a Mazda distributorship.

“Given Philippines’ penetration rate of just 9 cars/1,000 population, BAuto Philippines is expected to grow at annual rate of 27% per annum, accounting for 7%-8% of group earnings,” it said
CNY2012
Member Star
Posts: 111
Joined: Dec 2011
Male, MYS
06 Mar 2014, 09:28 AMPost #2
RHB Research sees more upside for Berjaya Auto

KUALA LUMPUR: RHB Research is retaining its Buy call on Berjaya Auto with a new target price of RM2.20 from RM1.95 based on a FY15F 12.5 times price-to-earnings.

It said on Wednesday it came out from its recent corporate luncheon with Berjaya Auto feeling very positive on its prospects.

“We believe Berjaya Auto’s growth rate in the next few years will easily outstrip that of its peers as well as the broader market, helped by its compelling product range and increased localisation,” it said.
Brian9818
Member Star
Posts: 229
Joined: Sep 2012
Male, MYS
18 Sep 2014, 09:19 PMPost #3
RHB has given a new TP of $3.60. The trend seems quite strong.drool
tswong
Member Star
Posts: 1
Joined: Dec 2011
Male, MYS
03 Aug 2015, 08:06 PMPost #4
Is Bjauto paying 2 dividends for this quarter? I have receive only interim dividend but not the special dividend. Any one can update?
omightycap
Member Star
Posts: 63
Joined: Sep 2015
Male, MYS
11 Sep 2015, 02:01 PMPost #5
O'Mighty still likes BJAUTO

See our views @ https://www.facebook.com/omightycap/posts/525913060905699
Chenhg
Member Star
Posts: 4
Joined: Sep 2018
Male, MYS
14 Sep 2018, 12:30 AMPost #6

Good information share

YAPSS
Member Star
Posts: 202
Joined: Mar 2019
Male, MYS
27 Mar 2019, 05:20 PMPost #7

Day 24 of Fundamental Daily, YAPSS will be covering Bermaz Auto Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily #BermazAutoBerhad

Click the on the link below to find out more: https://www.youtube.com/watch?v=02cAN3jEr00

Yong Meng
Member Star
Posts: 44
Joined: Oct 2019
Male, MYS
21 Oct 2019, 09:42 AMPost #8

https://menginvestlife.blogspot.com/2019/09/015-bauto.html BAUTO

Yong Meng
Member Star
Posts: 44
Joined: Oct 2019
Male, MYS
21 Oct 2019, 09:45 AMPost #9

https://menginvestlife.blogspot.com/2019/09/015-bauto.html BAUTO

whytwocare
Member Star
Posts: 82
Joined: May 2018
Male, MYS
02 Feb 2020, 12:41 AMPost #10

Best dividend stock analysis: 

https://malaysiainvestment88.blogspot.com/2020/02/klse-best-dividend-stock-for-2020.html

sharemania
Member Star
Posts: 7
Joined: Jan 2020
Male, MYS
07 Mar 2020, 09:00 PMPost #11

Directos are selling for all kind of reason but they are buying for only one. agree ? Directors are selling for all kind of reason but they are buying for only one, agree ?

j3nin
Member Star
Posts: 2
Joined: Jun 2020
Male, MYS
23 Jun 2020, 02:02 PMPost #12

bautoWaiting for break-out... up or down still don't know... yeahyeahyeah

MarkHunter
Member Star
Posts: 9
Joined: May 2023
Male, MYS
27 Sep 2023, 12:39 PMPost #13

Is there a possibility that this stock will bounce back in the future?

i4value
Member Star
Posts: 498
Joined: Aug 2020
Male, MYS
27 Oct 2023, 09:10 AMPost #14

The chart below shows the ROE of the dozen Bursa auto-related companies. You can see that Bermaz Auto (BAUTO) stood out well above the pack.

But there is a difference between a good company (strong fundamentals) and a good investment (one that can enable you to make money).

From a fundamental investment perspective, a good investment is one which is trading below its intrinsic value.

Well, I have not carried out an intrinsic valuation of BAUTO yet. But looking at the PE and PBV trends can give you some insights whether it is worth the trouble. You can see that the multiples today are actually near the historical lows while the ROE is near the historical highs. An investment worth a detailed look?

For more insights into the Bursa auto sector go to “Are there opportunities in the Bursa auto sector?”

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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