Just read the analysis from Maybank. Bermaz has sell back Kia inventory back to Kia Malaysia at RM60 million at a small losses. At least this exercise will free up some cash from the inventory but I think is not consider as income.

No wonder BYD said harsh conditions. MITI said only allow to sell 10k unit locally the rest need to export. If this is the case is a favorable conditions dor Bermaz since Xpeng, Deepal is just doing contract installation not building own factory. Some more if the can sell 5k unit per year is consider big achievement. Bermaz you better speed up

Dare not to be too optimistic on Bermaz given the past 2 years performanced very badly. Some more the new models acceptance is also not known given the current high fuel cost and Bermaz doesnt has actual hybrid model in their line up. Unless the 3rd generation cx5 pricing very attractive to buyer if not don't see any selling advantage because 2.5l engine and 6 speed auto is not new tech and high fuel consumption like cx8

Anyhow is quite exciting Bermaz finally bring in the inline 6 cx60 in full specs and with 2 attractive interior color to choose. At OTR 253k is quite reasonable for the this real BMW x1 and GLA contender. Maybe I can consider one unit too. Hahaha. The price is really attractive with the specs. Much better than the current NA cx60

Most likely will stick with Bermaz at least for now. Due to uncertainty in Malaysia Auto policy. Maybe tomorrow wake up policy say local partnership is mandatory. But I do agreed with Elton statement, Bermaz really lacking compare to others.

Debt reduced. Cash reserve go up. At least fundamentally still sound. Hope the 3rd generation cx5 able to generate good sales like the outgoing cx5. I believe the 3.3T cx60 will also get good response given is European setup with Japanese pricing. A 2022 recond nx350 also cost the same as the 3.3T cx60 at 250k

Cx5 yes but I doubt XPeng. Since launched last year I never see XPeng total sales surpass 200 units per month. Cx5 with the right specs and price I believe it will able to compete with CRV since now the overall size has increased tremendously.

CIMB mentioned Bermaz still has 2350 units backlog 55percent is Mazda 3 1.5. interesting to see how many order able to generate by new cx5 and 3.3T cx60. If the response is good, then Bermaz is at least able to maintain or get better in these 2 years