Came down quite a fair bit in recent mths, quite tempted to buy some.
Any opinions from the experts here? 😎
Any opinions from the experts here? 😎
Last:21.75     
  +0.39
2% rise
news today on their acquisition 
gd luck dyodd
  +0.392% rise
news today on their acquisition 
gd luck dyodd
ozone2002 ( Date: 22-Jun-2021 15:18) Posted:
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Buying into this is effectively buying into Southeast Asia' s growth given that they are invested in all the region leading players.
yes , I think ave. price last 4-5yrs would be abt $35-$37.  Main biz fr the top conglomerate in Indonesia.  Good auto & industrial presence in Sg, Vn , Th , My .  Very prudent & experience mgnt past 20yrs with little scandal . Latest board member , Tan Yen Yen is a current board member of OCBC , was former regional MD/VP of HP , former SVP of Oracle  and present president of Vodaphone .  Couple w past track record , its should be matter of when  the price will be back > $32 with  3-5% div . almost w/o fail past 10years.  Not sure why many still chase the banks or reits that having so little capital upside ???   
honesty ( Date: 22-Jun-2021 15:35) Posted:
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used to trade above 40/- potentially a good stock with twice yearly dividend, 75% recovery of economy will undoubtedly push it back to above 40/-
 
 
ozone2002 ( Date: 22-Jun-2021 15:18) Posted:
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Last:21.44     
  +0.11
technically looking good for an entry after recent price fall
gd luck dyodd
  +0.11technically looking good for an entry after recent price fall
gd luck dyodd
yes but very very small exposure ( Mercedes , Mazda cars & Fuso commercial vehicles  ) ie. < 0.5% rev and considered negligeable in recent annual report 
des_khor ( Date: 08-May-2021 09:33) Posted:
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This one got selling car in Myanmar or not ?
more specifically and importantly is the huge exposure to Indonesia ( > 70-80% profit ) . Indonesia is the next hottest large growth country after China and India . Was told by some sr mgnt that Astra is the largest / strongest conglomerate of Indonesia ( like the Samsung to Korea )   
This stock is an easy proxy for investors who want exposure to the SEA market
why got so many sellers at $22-23 ( unless for trading intend ) ?    Based on historical price action of this counter , it will get back to $30-40 range next 6-12/18 months if overall market did not crash   
elisa28 ( Date: 28-Apr-2021 14:47) Posted:
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Waiting for all sellers to finished selling than uptrend, target price 24 dollars and above.
Sorry, the YouTube clip was deleted immediately once a copyright claim was lodged. In my less than 1 cent opinion, this is another public-listed company that does not need publicity for interested investors.
Very helpful, thanks for sharing!
whenissued ( Date: 27-Apr-2021 13:28) Posted:
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For those who missed this year's (2021) online web-based Annual General Meeting, here is the YouTube link:
https://youtu.be/cQEFIVOKHuQ
Enjoy!
Buy long, more than 4% div.
Jardine Cycle & Carriage
 
On March 19, Jardine Cycle & Carriage Group managing director Benjamin Birks acquired 25,000 shares of the company for a consideration of S$569,250 at S$22.77 per share.
 
The following session saw group finance director, Stephen Gore also acquiring 25,000 shares at an average price of S$22.79 per share.
 
After joining Jardine Matheson in 2000, Mr Birks has held senior positions within the retail, automotive, business outsourcing and technology businesses of the Jardine Matheson Group.
 
Prior to his current appointment, he was CEO of Jardine International Motors, Zung Fu Group and Jardine Pacific between 2012 and 2019. Mr Gore joined the Jardine Matheson Group in 2017 as CFO, Jardine Pacific and Jardine Motors Group.
 
He was previously managing director, head of Mergers & Acquisitions and Financial Sponsors Group, APAC at Bank of America Merrill Lynch from 2012 to 2017.
 
Prior to that, he was managing director, head of Mergers & Acquisitions and Corporate Finance, Asia (ex-Australia, ex-Japan) at UBS AG' s Investment Bank Division.
 
On Feb 26, Jardine Cycle & Carriage Group reported its FY20 (ended Dec 31) results. During the March 1 results briefing, Mr Birks acknowledged that the uncertain operating environment seen in FY20 remains with challenging trading conditions, adding that the group remains confident about the long-term economic prospects for South-east Asia, and will remain focused on delivering its strategic objectives.
 
While Astra' s contribution to Jardine Cycle & Carriage' s FY20 underlying profit declined 57 per cent year on year to US$309 million, its other strategic interests segment declined 5 per cent year on year to US$120 million.
thx Bro for your selfless posting  
Joelton ( Date: 18-Mar-2021 09:25) Posted:
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Jardine Cycle & Carriage makes buyout offer for Cycle & Carriage Bintang
JARDINE Cycle & Carriage has made an unconditional voluntary buyout offer of Bursa-listed Cycle & Carriage Bintang (CCB), a Mercedes-Benz dealer with a network of 12 outlets in Malaysia.
 
The company listed in Singapore stated in a regulatory filing to the Singapore Exchange on Wednesday that it holds 59.1 per cent of the issued share capital of CCB, and is offering to acquire the stakes that it does not own at RM 2.40 (S$0.78) a share or RM 98.9 million in total if there is full acceptance.
 
The March 16 closing price of CCB, retails vehicles and provides after-sales services in Malaysia, was RM1.68.
 
The acquisition will be funded through internal resources and/or external borrowings, and is not expected to have a material impact on the Jardine Cycle & Carriage Group' s net tangible assets or earnings per share.