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From 22/6, six companies have been removed from the Mid 70 Index, namely Berjaya Corp Bhd, Hibiscus Petroleum Bhd, Pavilion REIT, Pos Malaysia Bhd, UMW Holdings Bhd as well as TM.
FTSE Russell and Bursa Malaysia also announced new additions to the Bursa Malaysia Hijra Shariah Index, namely DiGi.com Bhd, MY E.G. Services Bhd and Supermax Corp Bhd.
“As a result, AirAsia Group Bhd, S P Setia Bhd and UMW Holdings will be deleted from the FTSE Bursa Malaysia Hijrah Shariah Index,” it added.
If u are talking about fresh grad looking for job and get new cars, forget about it. If u are talking about current employment and getting new car, forget about it too. Both scenario wouldnt help the automotive industry.
Almost mco time, no ppl buy car, bcoz of restriction, perodua show latest sales volume recovery, i dont think this penjana no effect of stimulate sales. Sure will rebound. Pity u all, no talk about this counter before, suddenly join this discussion, planning to buy at lower? Wait long long.
Why when ppl comment, give opinion, the other party will accuse ppl try to buy at low price etc. This is a very immature. We are here to discuss, debate, brainstorm.
Everyone know mco car sales drop and next QR would be bad, everyone know that, the price already reflected that..car sales will eventually go up b4 end year. Stock market is 6 to 9 mth ahead of economy so it definitely go up n up.. Hav to think like an investor, value investing instead of speculator
Sales definitely going up, there are many ppl already making money in the stock market, they will invest in property later and many will replace their old car also, just as I did in 2001 after the market crash in 2000
For local car is 100% sales tax waive, for imported car is 50% sales tax waive, then the sales tax is normally around 9-10% of the car price. So if for Toyota just few thousand only, for Perodua maybe also few thousands.
The fund manager will start to remove UMW from the investment plan, because of the announcement of removal from Mid70 Index and FTSE Bursa Malaysia Hijrah Shariah Index. This will cause the indirect sell.
No worry, the portion of shariah fund manager so little, retailers sure happy to sapu. U if not sapu, really no chance, and i told u already, its a matter of time, umw back mid cap. Its market cap already exceed others in mid cap.
For local car is 100% sales tax waive, for imported car is 50% sales tax waive, then the sales tax is normally around 9-10% of the car price. So if for Toyota just few thousand only, for Perodua maybe also few thousands.
Yes, even more than 2018 no gst time, u made a good point here. Perodua sales increase, umw earns more.
Actually your hardworking till like that, u actually want buy at what price? If 2.10, is impossible, if 2.65 the time u want it drop more, also impossible, if 2.89, also, i dont know why u so rigid, u can change ur entry point based on market reaction.
I start collecting at Rm2 What to worry? I believe car sectors will come back in half year. More promo n low interest this year. I will buy another car for sure.
I give suggestion : COASTAL and MHB. COASTAL financial healthy and PBR low. MHB last QR got some profit. MHB major shareholder is MISC. Two of this is oil counter. You can refer to 3 year chart. Now is the time to go in. No call buy and sell. Just my opinion.