feb2021 sales 706units
march 2021 madza 1218units
kia19,peugeot 0
april2021 sales madza 1603 kia＆peugeot 0sales
may2021 madza 1362 kia ＆peugeot remain 0
jun2021madza 60， kia ＆peugeot remain 0（dont know why, seen like no updated)
july2021 mazda 200,kia 0& peugeot 0（dont know why coz i saw few unit on road ad）
august 2021mazda 703,kia ＆ peugeout remain 0（not sure why no update）

I personally view on BAUTO as dividend play cum part of recovery theme stock. This is because based on its financially past 5yrs track records, BAUTO sounds fundamentally solid with ROE > 20%, DP > 85% & DY > 4.5%. Off course in this latest Q, the revenue dropped significantly was impacted by lock down due to its showrooms were not allowed to operate for two months since June. Since BAUTO’s ~90% of sales are generated from its business segment of sales of motor vehicles, thus such a drop is on par.

As in a filing of recent quarter report, it mentioned that “The shutdown affected not only the automotive companies but also the entire automotive ecosystem nationwide.” BAuto also said the outlook for the automotive industry remains volatile and uncertain, despite the gradual reopening of the economy. Although the business recovery would not be so drastic, yet its recent acquisition of Berjaya Auto Alliance & Dinamikjaya Motors would bring the new growth catalysis for its business to distribute & provide services for car brands of Peugeot & KIA. In my perspective, it’s indeed a positive outlook for BAUTO.

With current financial ratios, BAUTO fully fulfil 冷眼前辈《终极方案》的守富PRC & 退休 Retirement Score 选股策略。I manage to spot out all these thru the learning from Employee Investor (EI) program & ValueFarm (VF) program。 Meanwhile, I may leisurely follow up different companies QR update, fact findings and future growth thru VF Apps. Personally feel fruitful learning & equipped myself in the path of towards value investor. 大家不妨一起学习价值投资。^_^

http://www.grandpine.com/valuefarm/ref/129/
https://www.grandpine.com/ei/ref/129/

#valueinvesting#valuefarm#employeeinvestor
Disclaimer. This posting is for sharing and not a buy or sell call. 以上纯属个人分享，没有任何买卖建议哦！