Simple13 Trading IdeaCurrent Price: RM 6.44
I foresee a potential price correction for this stock based on two strong technical indicators, despite its low PE ratio (below 10).
Key Observations
Inverse Pin Bar with High Volume:
The inverse pin bar candle on the daily chart, coupled with high volume, indicates signific
Next report date
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Report period
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EPS estimate
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Revenue estimate
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0.85 MYR
332.99 M MYR
2.49 B MYR
162.89 M
About MBM RESOURCES BHD
Sector
Industry
CEO
Rizal Muhammad Zin
Website
Headquarters
Kuala Lumpur
Founded
1993
ISIN
MYL5983OO001
FIGI
BBG000DRJF83
MBM Resources Bhd. is an investment holding company, which engages in the marketing and distribution of automobiles and automotive parts. It operates through the following segments: Motor Trading, Auto Parts Manufacturing, and All Others. The Motor Trading segment deals with the marketing and distribution of motor vehicles, spare parts, and provides related services. The Auto Parts Manufacturing segment focuses on manufacturing automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provides tire assembly services. The All Others segment includes investment holding, corporate headquarters, and dormant companies. The company was founded on December 17, 1993 and is headquartered in Kuala Lumpur, Malaysia.
No news here
Looks like there's nothing to report right now
MBMR GOING FOR MARK UP
In the background of plummeting KLCI (Bursa Index), this stock rising above
Classic Type 1 Re-Accmulation
Price succesfully overcome the suply on 5/8/24 (red arrow)
-Wyckoffian call it 'COMPOSITE OPERATOR ROTATION'
Plus, with the 'Spring' !
I put my trust on the setup
position as attach
MLong

MBMR Already Break Resistance MBMR TF Daily
Nice to view already break resistance
Got cup and handle pattern
Wait until rebound back
No need FOMO
Follow the trend
#MFM.TRADER
#TAYOR
MLong

MBMR ready to take off?Bismillahirrahmanirrahiim
Based on my technical point of view, i see that MBMR is ready to bullish.
1. Bullish divergence
2. Break descending triangle
3. Uptrend on weekly still intact
MLong

MBMR - Pre Consolidation BreakutNO INVESTMENT ADVICE IS PROVIDED
DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical ch
MLong

MLong

MBRM - with higher dividend and Net margin compare to ...Buy on after pull back
Support: 3.00
Next Resistance : 3.50+
Long term resistance : 3.85+
(Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell. Please message me for the further detail trading plan)
MLong

MShort

See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MBMR is 5.53 MYR — it has decreased by −0.18% in the past 24 hours. Watch MBM RESOURCES BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange MBM RESOURCES BHD stocks are traded under the ticker MBMR.
MBMR stock has risen by 2.41% compared to the previous week, the month change is a 1.47% rise, over the last year MBM RESOURCES BHD has showed a 12.40% increase.
We've gathered analysts' opinions on MBM RESOURCES BHD future price: according to them, MBMR price has a max estimate of 7.40 MYR and a min estimate of 5.14 MYR. Watch MBMR chart and read a more detailed MBM RESOURCES BHD stock forecast: see what analysts think of MBM RESOURCES BHD and suggest that you do with its stocks.
MBMR reached its all-time high on Dec 4, 2024 with the price of 6.84 MYR, and its all-time low was 1.23 MYR and was reached on Oct 29, 2008. View more price dynamics on MBMR chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MBMR stock is 0.91% volatile and has beta coefficient of 1.01. Track MBM RESOURCES BHD stock price on the chart and check out the list of the most volatile stocks — is MBM RESOURCES BHD there?
Today MBM RESOURCES BHD has the market capitalization of 2.16 B, it has increased by 4.63% over the last week.
Yes, you can track MBM RESOURCES BHD financials in yearly and quarterly reports right on TradingView.
MBM RESOURCES BHD is going to release the next earnings report on May 22, 2025. Keep track of upcoming events with our Earnings Calendar.
MBMR net income for the last quarter is 97.72 M MYR, while the quarter before that showed 87.38 M MYR of net income which accounts for 11.83% change. Track more MBM RESOURCES BHD financial stats to get the full picture.
MBM RESOURCES BHD dividend yield was 2.25% in 2024, and payout ratio reached 16.32%. The year before the numbers were 6.37% and 31.86% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MBM RESOURCES BHD EBITDA is 35.60 M MYR, and current EBITDA margin is 1.43%. See more stats in MBM RESOURCES BHD financial statements.
Like other stocks, MBMR shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MBM RESOURCES BHD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MBM RESOURCES BHD technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MBM RESOURCES BHD stock shows the buy signal. See more of MBM RESOURCES BHD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.