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MBMR is trading around RM 4.60–4.70 with weak momentum and bearish analyst sentiment. Recent earnings declined due to lower vehicle sales and margin pressure. Analysts maintain a “Sell” rating despite a small potential upside. Without strong catalysts, short-term outlook remains cautious, with downside risk if auto sales don’t recover.
SmallmidCapxx….mbm i haven’t buy yet, as for Sime , will keep and trade certain portion…..
Total Volume for cars sales for June dropped quite heavy and so for Perodua …..
The cut of interest rate hopefully will help to push up the buying rate for the rest of the year……