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KLSE: MBSB       MALAYSIA BUILDING SOCIETY BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.845 1.22     +0.375 (44.38%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
01/07/2019 0.91 1.15 +0.24 (26.37%) BUY KENANGA Price Target News
21/05/2019 0.935 1.31 +0.375 (40.11%) BUY Rakuten Price Target News
16/05/2019 0.945 1.25 +0.305 (32.28%) BUY MIDF Price Target News
16/05/2019 0.95 1.15 +0.20 (21.05%) BUY KENANGA Price Target News
16/05/2019 0.945 1.15 +0.205 (21.69%) BUY AmInvest Price Target News
02/05/2019 0.995 1.15 +0.155 (15.58%) BUY KENANGA Price Target News
01/03/2019 1.02 1.23 +0.21 (20.59%) BUY MIDF Price Target News
01/03/2019 1.02 1.15 +0.13 (12.75%) BUY KENANGA Price Target News
01/03/2019 1.02 1.24 +0.22 (21.57%) BUY AmInvest Price Target News


Price Target Research Article/News (past 6 months)
01/07/2019  KENANGA Banking - BNM Stats. (May 2019): Same Old, Same Old
21/05/2019  Rakuten Malaysia Building Society - Transition to full-fledged Islamic bank
16/05/2019  MIDF Malaysia Building Society Bhd - Operationally Within Expectations
16/05/2019  KENANGA Malaysia Building Society - Let Down by Higher Impairments
16/05/2019  AmInvest Malaysia Building Society - Provisions likely to improve in quarters ahead
02/05/2019  KENANGA Banking - BNM Stats: (Mar 19) – Approvals Rebounding
01/03/2019  MIDF Malaysia Building Society Bhd - Lower Provisions Led Growth
01/03/2019  KENANGA Malaysia Building Society - Underpinned by Lower Impairments
01/03/2019  AmInvest Malaysia Building Society - Earnings lifted by lower provisions



  25 people like this.
 
129055444514385 :p

MBSB Bank to take loyal customers globetrotting through The Journey ...
https://www.malaymail.com/news/life/2019/08/06/mbsb-bank-to.../1778103
Aug 6, 2019 - PETALING JAYA, Aug 6 — MBSB Bank is set to reward their ... and at the same time engage potential customers,” he said in a press release.
15/08/2019 9:43 AM
129055444514385 MBSB, it is a target till now because people do not think EPF will like to control MBSB 4ever

banking – potential mega merger of cimb, rhb cap and mbsb
www.bursamarketplace.com/mkt/.../ch=research&pg=research&ac=53832&bb=35006
Jul 11, 2014 - for the valuation of RHB Cap and MBSB (target companies). Based on our ... Table 1: Summary of the details for potential mega merger. CIMB.
MBSB Bank to take loyal customers globetrotting through The Journey ...
https://www.malaymail.com/news/life/2019/08/06/mbsb-bank-to.../1778103
Aug 6, 2019 - PETALING JAYA, Aug 6 — MBSB Bank is set to reward their ... and at the same time engage potential customers,” he said in a press release.
MBSB to be acquisition target if it courts another M&A | Borneo Post ...
https://www.theborneopost.com › Business
Apr 18, 2015 - MBSB to be acquisition target if it courts another M&A ... “On the flipside, they could also be potential partners (including foreign players whose ...
MBSB to reduce NPL below 3% this year - The Malaysian Reserve
https://themalaysianreserve.com/2017/03/31/mbsb-to-reduce-npl-below-3-this-year/
Mar 31, 2017 - Malaysia Building Society Bhd (MBSB) aims to reduce its overall net ... “Our target is definitely reduced to near zero. ... there likely be a merger potential between MBSB and Bank Islam Malaysia Bhd. “I cannot comment.
MBSB (1171) - Potential M&A target and stock rallies. - Malaysia's ...
www.investlah.com › Malaysia's Biggest Investment Forum › Bursa Malaysia › Equities
MBSB (1171) - Potential M&A target and stock rallies. « on: April 12, 2010, 10:34:54 AM ». MBSB (1171) is the next rally. For analysis, please visit ...
15/08/2019 9:46 AM
RedEagle Buy today? Sell tomorrow?
15/08/2019 10:27 AM
RedEagle We wish to inform that Malaysia Building Society Berhad ("MBSB") has scheduled to release its' financial results for the second quarter ended 30 June 2019 on Thursday, 15 August 2019 in accordance with Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 31 July 2019.
15/08/2019 11:22 AM
JQ Good buy now ?
15/08/2019 12:06 PM
RedEagle Reference is made to the announcements dated 31 July 2019.

We wish to inform that Malaysia Building Society Berhad ("MBSB") has changed the date to release its' financial results for the second quarter ended 30 June 2019 to Wednesday, 28 August 2019.

This announcement is dated 14 August 2019.
15/08/2019 4:59 PM
JQ Why ?
15/08/2019 5:52 PM
Yippy68 82.5 should be good to buy if you had sold your DRP share at 90 sen
16/08/2019 3:08 AM
RedEagle CMY not a director..No power to approve any proposal of the management(Board Meeting)..better CMY buy some shares from small company (sumatec, eah, puc)
16/08/2019 9:27 AM
JQ Trap at 90sen :(
17/08/2019 8:44 AM
dinasdimensi everybody is trapping here. waiting for the next Q report next week.
19/08/2019 11:19 AM
JQ If it can write back the expected credit loss, then net profit will jump
19/08/2019 12:13 PM
Good123 Just grab
19/08/2019 4:36 PM
Good123 Wait for Q2, write back lcl
19/08/2019 4:37 PM
Good123 Mbsb is an EPf punya bank.. 64%+ just add... surely target for takeover or acquisition. Epf tak kan mau control forever
19/08/2019 9:32 PM
Good123 Bimb might acquire or merge with mbsb to become a stronger Islamic bank... :)
19/08/2019 9:33 PM
Good123 Div yield 6%+ of mbsb fd rate around 3%
19/08/2019 9:34 PM
Good123 Buy more lah, takut apa... kwsp kawal dengan ketat
19/08/2019 9:35 PM
Good123 Will buy more with excess cash... epf jaga , peace
19/08/2019 10:08 PM
Good123 Mbsb can do takaful biz on her own or strategic alliance like cimb Islamic bank

KUALA LUMPUR: Takaful Ikhlas General Bhd and CIMB Islamic Bank Bhd are targeting to achieve RM168 million in gross contribution from their newly forged strategic bancatakaful partnership over the next five years.

The two groups, which launched the tie-up yesterday, expect the partnership to grow by 11% every year for the next five years. The share split agreement of the contribution, however, was not disclosed.

When asked about the ambitious target, CIMB Islamic chief executive officer (CEO) Rafe Haneef said he is confident the collaboration will achieve its goal, banking on CIMB Islamic’s strong existing customer base.

“We are not going to look at new bank customers, we already have our existing customer base. So we will grow the takaful business within the existing customer base.

“The existing businesses have already created the demand for the [new] products. So, in addition to the existing businesses, we will also grow the bank customers,” he told a media conference after the launch.

Rafe noted that CIMB Islamic currently has over a million existing policyholders for its bancatakaful products.

The partnership between Takaful Ikhlas, a wholly-owned unit of MNRB Holdings Bhd, and CIMB Islamic, the Islamic banking arm of CIMB Group Holdings Bhd, is aimed at providing general takaful products and solutions to the bank’s customers across retail, small and medium enterprises, as well as commercial segments.

Takaful Ikhlas will be the preferred general takaful provider to all CIMB Islamic customers. CIMB Islamic will leverage on Takaful Ikhlas’ offerings, including motor and home protection, as well as coverage for commercial subscribers such as fire, construction, workmen, equipment, marine and liability, to cater to customers’ demand for syariah-compliant takaful products.

Takaful Ikhlas will, in turn, leverage on CIMB Islamic’s distribution channels comprising the bank’s 250 branches nationwide, online platforms and call centres. In his speech at the launch, Takaful Ikhlas president and CEO Eddy Azly Abidin said the takaful provider is targeting a double-digit year-on-year growth in gross contribution for the current financial year ending March 31, 2020, as he observed a rising demand for takaful products in Malaysia.

“I can certainly attest that the demand for takaful products is growing and both organisations should work closer together to capitalise on this market’s potential. We want to be part of the growth and widen our reach.

“This partnership will be built on both organisations’ shared commitment and ambition to drive greater takaful penetration rate,” he added.
19/08/2019 10:47 PM
williamtkb Waiting epf selling only the price will move sky high.
20/08/2019 7:07 AM
JQ Possible go back to rm 1.00 ?
20/08/2019 7:53 AM
129055444514385 EPF wants more and more of MBSB shares instead of cash dividend... haha

1171 MBSB MALAYSIA BUILDING SOCIETY BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
TINGKAT 19 BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR Wilayah
Persekutuan Malaysia
Descriptions (Class and Nominal Value):
Ordinary Share
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment.To read the entire contents of the announcement or attachment,please
access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 25/07/2019
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 24/07/2019 Acquired 254,654,687 -
Circumstances by reason of which change has occurred:
Shares Derived from Dividend Reinvestment Plan
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 4,329,129,682 shares (64.4800%)
Total : 4,329,129,682 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

01/08/2019 07:00 AM


Ref Code: 201908013600209
20/08/2019 9:10 AM
129055444514385 EPF wants more and more of MBSB shares instead of cash dividend... haha

1171 MBSB MALAYSIA BUILDING SOCIETY BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
TINGKAT 19 BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR Wilayah
Persekutuan Malaysia
Descriptions (Class and Nominal Value):
Ordinary Share
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment.To read the entire contents of the announcement or attachment,please
access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 25/07/2019
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 24/07/2019 Acquired 254,654,687 -
Circumstances by reason of which change has occurred:
Shares Derived from Dividend Reinvestment Plan
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 4,329,129,682 shares (64.4800%)
Total : 4,329,129,682 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

01/08/2019 07:00 AM


Ref Code: 201908013600209
20/08/2019 9:11 AM
129055444514385 Epf might privatize it and sell it later . Wait n see
20/08/2019 9:18 AM
129055444514385 Very undervalued.. waiting for action by epf
20/08/2019 9:18 AM
129055444514385 MBSB is the only local bank controlled by epf with 64%+ shareholding... peace of mind
20/08/2019 9:30 AM
129055444514385 MBSB is expected to generate the highest for minority shareholders
20/08/2019 9:31 AM
129055444514385 MBSB with epf as the controlling and largest shareholder will uphold the highest standard of corporate governance not involving related parties unlike genm and others
20/08/2019 9:32 AM
129055444514385 Epf pays its stakeholders 6%+ dividend yearly, surely epf will try to maximize return unlike family controlled biz
20/08/2019 9:34 AM
129055444514385 Target price by analysts always above rm1.

Date Open Price Target Price Upside/Downside Price Call Source News
01/07/2019 0.91 1.15 +0.24 (26.37%) BUY KENANGA Price Target News
21/05/2019 0.935 1.31 +0.375 (40.11%) BUY Rakuten Price Target News
16/05/2019 0.945 1.25 +0.305 (32.28%) BUY MIDF Price Target News
16/05/2019 0.95 1.15 +0.20 (21.05%) BUY KENANGA Price Target News
16/05/2019 0.945 1.15 +0.205 (21.69%) BUY AmInvest Price Target News
02/05/2019 0.995 1.15 +0.155 (15.58%) BUY KENANGA Price Target News
01/03/2019 1.02 1.23 +0.21 (20.59%) BUY MIDF Price Target News
01/03/2019 1.02 1.15 +0.13 (12.75%) BUY KENANGA Price Target News
01/03/2019 1.02 1.24 +0.22 (21.57%) BUY AmInvest Price Target News
20/08/2019 9:36 AM
129055444514385 This is a listed bank without the involvement of family members..mainly run professionally to the highest standard
20/08/2019 9:37 AM
129055444514385 An excellent stock for retirees and investors run and controlled by epf
20/08/2019 9:38 AM
JQ But why keep dropping?
20/08/2019 9:40 AM
129055444514385 An islamic bank controlled by EPF to conquer the market... few years later, mbsb could overtake BIMB as the largest islamic bank too with a cash rich controlling shareholder like EPF.

Company Profile


Introduction

MBSB Bank Berhad formerly known as Asian Finance Bank Berhad (AFB) has been granted a license by Bank Negara Malaysia to undertake Islamic Banking business. MBSB Bank is regulated and supervised by Bank Negara Malaysia under the Islamic Financial Services Act, 2013.


Organization

MBSB Bank Berhad, a full-fledged Islamic Bank was incorporated on 28 November 2005 is a wholly owned subsidiary of Malaysia Building Society Berhad.

On 6 November 2017, MBSB entered into a Share & Purchase Agreement with the shareholders of Asian Finance Bank Berhad (“AFB/Vendors”) for the proposed acquisition by MBSB of the entire equity interest in AFB for an aggregate purchase consideration of RM644,952,807.66 to be satisfied by way of cash amounting to RM396,894,036.26 and the issuance of 225,507,974 Consideration Shares at an issue price of RM1.10 per Consideration Share (“the Acquisition”).

The Acquisition was approved by the shareholders’ of MBSB on 23 January 2018. The shareholders also approved the transfer of Shariah Compliant Assets and Liabilities of MBSB to AFB via a Members’ Scheme of Arrangement.

Pursuant to the abovesaid approval and upon completion of the transfer of shares and the payment of the balance of the purchase consideration to the Vendors, AFB became a wholly owned subsidiary of Malaysia Building Society Berhad on 7 February 2018.

AFB undertook a rebranding exercise and on 2 April 2018 it changed its name to MBSB Bank Berhad.
20/08/2019 9:50 AM
129055444514385 Be patient, patience is a virtue :)

MBSB Bank Berhad formerly known as Asian Finance Bank Berhad (AFB) has been granted a license by Bank Negara Malaysia to undertake Islamic Banking business. MBSB Bank is regulated and supervised by Bank Negara Malaysia under the Islamic Financial Services Act, 2013.
20/08/2019 9:51 AM
129055444514385 probably, some cash hungry minority shareholders wanted to exit :)


JQ But why keep dropping?
20/08/2019 9:40 AM
20/08/2019 9:52 AM
129055444514385 MBSB is a cheaper option and low risk stock to capitalise on the local islamic banking industry as MBSB is controlled and run by EPF
20/08/2019 9:53 AM
129055444514385 expecting proposal from other parties making an offer to EPF for its stake in MBSB soon too :)
20/08/2019 9:55 AM
JQ Sell their drp ?
20/08/2019 9:55 AM
Good123 Yes, desperate for cash , sell lor


JQ Sell their drp ?
20/08/2019 10:21 AM
Good123 Mbsb has no succession Planning problem, anak tak minat, dll.. just hire the best to run it
20/08/2019 10:22 AM
Good123 Any sale of share is just among the minority shareholders, epf never sell , only increase its stake in mbsb :v
20/08/2019 10:24 AM
Good123 :)

KUALA LUMPUR: An affiliate of Fitch Ratings Inc has raised its 2019 real gross domestic product growth forecast for Malaysia to 4.6% from 4.2% previously, following the country’s strong economic performance in the first half of 2019 (1H19).

The revision was done by Fitch Solutions Macro Research (Fitch Solutions), a product of Fitch’s affiliate, Fitch Solutions Group Ltd.

The revision reflects the stronger-than-expected average growth rate of 4.7% year-on-year (y-o-y) in 1H19, as well as its view for private consumption to remain strong and for the deceleration in investment growth to bottom out, Fitch Solutions said in an Aug 16 report.

However, it expects net exports to drag on overall growth in 2H19 amid deteriorating external conditions due to the escalating US-China trade war, with exports likely to remain anaemic, while imports are expected to pick up along with investment.

“We expect private consumption to remain the main engine of growth and to continue benefiting from government policies that raise disposable income and purchasing power, such as the RM37 billion in tax refunds paid out in 2019, as well as the central bank’s decision to cut the policy rate by 25 basis points to 3% in May.

“Government spending, however, is likely to remain subdued for the rest of 2019. The factors that led to the sharp decline in government consumption growth in 2Q19 (second quarter of 2019) to 0.3% y-o-y from 6.3% y-o-y in 1Q19 are likely to remain in play. These include a smaller fiscal budget, continued focus on paying down public debt, and unfavourable base effects,” it said.

Its previous analysis had expected investment to prove less of a drag on growth over 2019, which it said appears to be playing out in 2Q19.

“We believe that investment is likely to bottom out over the course of 2H19, with work on the renegotiated RM44 billion East Coast Rail Link having restarted on July 24.

“Furthermore, there remains potential for manufacturers in Malaysia to benefit from the increasingly acrimonious US-China trade war in terms of companies relocating capacity to Malaysia, especially in the low to mid value-add segment,” it said, adding that the government also plans to woo more investments from China.

It also highlighted that goods exported to the US from Malaysia currently do not face additional tariffs as do Chinese goods and this should put Malaysia in good stead to attract companies targeting the American market.
20/08/2019 10:33 AM
Good123 Trust epf to do a good job
20/08/2019 2:16 PM
yfchong Now moving
21/08/2019 12:42 PM
mukhriz02023 Berapa harga musang king grade A sekilo?
21/08/2019 11:39 PM
JQ Can perform? Trap at .90
22/08/2019 12:03 AM
10155751748352084 good result
22/08/2019 3:28 PM
Ron90 result suppose to come out next week..maybe better. They have spent so much $$$ for promotion, here and there, everywhere..
22/08/2019 4:02 PM


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