Master，can you explain further

Banker Target price

RHB RM 3.45
CIMB RM 3.3
MAYBANK RM 3.55
KENANGA RM 2.9
BIMB RM 2.8
HLB RM 2.6
AMBANK RM 2.63
PBB RM 2.42
UOB RM 2.3
AFFIN RM 2.09

good chance for accumulate lo

update

Mazda PH 2023
Q2- 387 units
Q3- 350 units
Q4- 482 units

Mazda MY 2023
Feb # 1,994 units
Mar # 2,212 units
Apr # 1,413 units

KIA MY + Peugeot MY
2023Q4
# Minimum Forecast#1,000-1,200 units

2023Q4 MY brands+ PH Mazda
Forecast 6,619-6,819 units

Previous QR
3 MY brands+ PH Mazda
2022Q3/ 5796 units

Estimate 2023Q4

Bauto MY sales?
Revenue:
RM1.005B -1.015B
PBT:
RM 95M- RM 100.5M

BautoPH(60.39%)?
Revenue:
RM 64M- RM 67M
PBT:
RM 13.5M- RM 14.5M
Bauto Gain
RM 8.15M - Rm 8.75M


Subsidiary
MMSB（30%）
PBT
RM 50M - RM 55M
BAUTO gain
RM 15M - RM 16.5M

INOKOM （29%）
PBT
RM 9M - RM 10M
BAUTO gain
RM 2.6 - RM 2.9M

Total PBT
Scenario A
RM 95M + RM 8.15M +
RM 15M + RM 2.6M
=RM 120.75M

Scenario B
RM 100.5M +RM 8.75M
+RM 16.5+RM 2.9M
=RM 128.65

Income Tax Expenses: 25K +-
Finance cost: 2.7K +-

Profit after Tax
Scenario:A RM 93.05M
Scenario:B RM 100.95M

Estimation exclude Foreign currency translation and other investment income .

Mazda PH 2023
Q2- 387 units
Q3- 350 units
Q4- 482 units

Mazda MY 2023
Feb # 1,994 units
Mar # 2,212 units
Apr # Minimum Forecast #1,200 units

KIA MY + Peugeot MY
2023Q4
# Minimum Forecast#1,000-1,200 units

2023Q4 MY brands+ PH Mazda
Forecast 6,406-6,606 units

Previous QR
3 MY brands+ PH Mazda
2022Q3/ 5796 units