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Automotive Sector Update by Kenanga Research - Maintain Outper | Rakuten Trade Ideas 🎯

Automotive Sector Update by Kenanga Research - Maintain Outperform

April automotive total industry volume was lower due to Hari Raya period shutdown annual routine maintenance.

Bookings remain strong with backlog of 275,000 units and new car models launch to drive demand earnings visibility.

Top picks:-
Both have attractive dividend yields of about 7%
MBMR (5983) Target price RM4.60
BAUTO (5248) Target price RM2.90

肯纳格(Kenanga)研究部给予汽车行业更新 — 维持跑赢大市

由于开斋节期间停工进行年度例行维护,4月份汽车总销量(TIV) 较低。

订单仍然强劲以及积压了27.5万辆,新车型的推出也推动了需求的盈利可见性。

以下是首选股:-
两家公司的股息收益率都在7%左右,颇具吸引力
MBM资源有限公司 (MBMR, 5983) 目标价为4.60令吉
柏马汽车 (BAUTO, 5248) 目标价为2.90令吉