There is a chance that MBSB will hit 70sen next Monday if financial play keep up in this week and next.

once 62sen is cleared, it should advance to 65sen surely. By October when Msia reached 80% immunity level, we can expect it to be well over 70sen. keep it for long term and you will be rewarded hansomely.

Trading suspension on MBSB?

https://www.straitstimes.com/asia/se-asia/top-bersatu-leaders-seen-arriving-for-meeting-amid-malaysias-political-crisis

Singapore ST already reporting.

MBSB take over by another more established bank should be a win win solution for both EPF and its investors. To remain as it is now, it is neither here nor there as current management are a brunch of wasted life which just take salary and good as doing nothing

Another day of seeing other financials charging up while MBSB is being sold down, what is the rational ?

The provisions reported of the last few years are the necessary steps to take for MBSB to become a full fledged bank, it is not exactly losses. Despite the provisions made, MBSB has never fail to pay dividends on an average of 5sen every year, even on a bad year like 2020, while some bank have not been giving dividend, MBSB still managed to give 2sen. On paper, MBSB is a fantastic company but lack the flair, can said to be too conservative therefore unable to attract investors attention and hence the low traded volume. MBSB has to make themselves more VISIBLE...like creating some good news and vibes to stir up the game....unfortunately the Management are all sleeping and not working to whip up their share price. Sacked the Management and bring in fresh blood to run the company is what EPF should do.

KLCI is 11pts up as I am writing, and yet MBSB is struggling to even or down. Are the MBSB big share holder watching this? Useless Management has any clue to arrest the situation?

Who in MBSB is the smart Alex that proposes DRP? That have cause the market to drop confidence, proposing DRP @56s in a market that is under pressure is a perfect antidote for killing oneself , that's why I kept saying the MBSB Management need to be sacked. Useless prick.

All financials are up, MBSB is the only odd one that goes down, what's wrong?

Regret investing in MBSB

Hopeless counter, only come down but never go up.

Opted for cash.

MBSB at the price of just 50% of its NTA and still profitable is simply just too cheap beyond anyone's comprehension. EPF is literally the owner holding 70% of the shares and nobody can create any interest in this counter if EPF is not willing to move the shares up, but it move it up means EPF will have to buy more and that's not feasible. The only way is to create take over by any of the banks where EPF has a majority stake, in this way, it would be a win win situation for both the majority stake holders and the retail investors. I will not be surprised if an announcement will be made someday.

MBSB might be a potential take over target.

@Samchan, should have dividend if you sell today, but best confirm with your trading agent before executing your order

MBSB is very successful in making people dump their shares and don't want to buy their stock, it is either down or stagnant when other banks are having a run on their prices. Always hopeful but hopeless

Today price is already Ex-div ....just hold. Another 2 weeks vaccination will reach 10% of the mass population, should see dip in the covid numbers, couple with the world news that covid will be an endemic which the world must accept its co-existence, the economy will open up gradually and market will reverse trend.

Give dividend is like no give, WTF

Yes, indeed, the key is to be patient, I am too impatient, my bad.

MTF share, every day drop....people drop 2sen MBSB drop 2% .....hopeless

Hard to think MBSB will fall below DRP price for the market will, and should be able to adjust itself. With 2 qtr of continuous profit, once better news are out for covid 19 recovery, it should go up like the rest of the market but may not reflect it's TRUE price. If 2021 can achieve 5 to 6sen profit, the share price should be around at least 80sen to RM1. I will hold it for recovery.

My bad for giving you all the wrong leads, Slts and Yippy68 is correct, you can either get cash or DRP. I just check with my broking agent and confirmed it.

@Yippy, I really hope you are right, I also rather take cash.

you will have to play their game, retailers buy only to keep at least until the new listing are disperse in the market for 1 to 2 month if want to make some money. But again it depends on how much institutional have collected and whether they want to drive up the price. MBSB at PB 0.5 and PE 10X is indeed a good counter. Too bad it cannot attract volume.

Can this attract institutional investors is yet to be seen

The 2sen dividend is not meaningful. Shares are priced at 0.61 (based on 0.63 with 2 sen dividend) and new listing at 0.56 which is about 8% discount from base price. Allotment is 10% if I am not wrong....so if you have 1M shares, you will be allow to subscribe to 100k shares@0.56...
Think the price will be play up the coming 2 weeks.

If I am right, tomorrow is the AGM, price will rebound.

Got the picture now, the price was kept low deliberately for the DRP allotment shares. Will it return to mid or high 60+sen level after the DRP allotment confirmation?

The allotment to individual investor will be 10% of your holding shares at a discount of not more than 10% based on the average last 5 days closing price before the AGM? Is that correct? Appreciate anyone advise.

Nobody can guarantee the price will go up after DRP, and btw DRP can come in the form of selling you at 2sens lower or giving you shares equivalent to your dividend, if they choose to do it by issuing new subscriptions at a discount price, the current price is already at 50% discount so how are they going to price it? Unlike maybank, their price is high and a few ten's discount is substantial for investors to buy into their new shares issues. I hope I am wrong, but market is obviously not reacting to it favourably till now. MBSB has got to come out and do something to stabilise their shares. I rather they do share buy back is better.

Banks and financials are all up the last few days and yet MBSB struggling and cannot even maintain even.

Just look at DRP, putting money in their own pocket instead of paying back to investors which has been holding the shares for 1 bad year.

A brunch of useless Management that know how to do nothing to enhance investors investment but paying themselves handsomely. Useless...

MBSB Management should sack themselves for the shares poor performance.

Based on fundamentals and it's current earnings, the fair value is about 80sen to me, however as economy improves and covid situation under control and life normalized, the share could go back to RM1 level. If you can hold for long term when they are a full fledged Islamic Bank, the share could be RM2.50 and above. Hold on and do not be too short sighted on profits.

估计那浑蛋害了很多人没赚会自动消失。真是过街老鼠人人喊打。

Looks supported at the moment, hope it can hold. Someone claim to have evidence that his insights are selling down is still in his lala land hallucinating.

Expecting the MOF to announce Moratorium of 3 months and freezing all repayments, will caused at least 1 Qtr bad result which I felt it will be regretful. Lockdown is really a bad idea as there's no guarantee that the covid numbers will be eliminated and it can still come back, but economic and jobs will definitely be affected, and future is uncertain. Nevertheless, just have to bite the bullet and average as it goes down.

I wonder what is the cause which makes the people sell MBSB today? I would advise people not to play contra on this counter and must be able to hold it for medium term for real application. Will we see another spike up buying at closing? let's hope so.

3 cheers for MBSB!!!

If closing price spike up, tomorrow is going to be crazy.

Are we going to see a spike up on the closing price?

Today top volume is 60sen, well done MBSB and the supporters, maybe a white knight will appear at the closing and it become green? like some fund mgr saving the market?....haha

@Jjkcl n lingch899, it is good to see that you all are supporting MBSB at this price and not heeding to the call to buy after some "Fund Mgr" sold it down...haha. The fact is this, 1) if the gov is not going for a full lockdown, price will stabilize, 2) Arrival of vaccine will spike the recovery, 3) AGM pass the distribution of dividend will add some advantage to the price, 4) Continuous improvement of qtr result will push it to 70sen level, 5) Speeding up on vaccination will escalate market recovery to push for 1700 pts in KLCI, so...it is all good things to come in the next few month, and not forgetting the world will be opening following the footsteps of USA, Europe, China and etc...I am quite convinced on the market moving forward.

So what's your fundamental Analysis of MBSB? I did not hear any fundamentals but your INSIGHTS...good luck and no thanks

Being defensive and giving excuses exposes your true intention and hidden agenda, l leave for other to judge you. Survey you? The writings are all over the wall by what you've posted. To be defensive is useless as people's judgement will be the ultimatum.

I make not excuses for people who talk down the market making everyone losing money so that they can pick up cheap, this people are like rat on the street where everybody like to stone. On the contrary, we should say and do things so that market can continue to grow and everyone is happy making money. What you do is a despicable act...I think most are clear to see your intentions.

No you said you have solid evidence that the price will PLUMMET, this is more serious than just saying fall back and it is outrightly indicating people to sell. This is call flipping plata. You also said someone Fund Manager will be selling the counter down, if this is not inducement to sell then you are insulting everyone understanding of the English language.

Yes, I still collect for long term as I have great confidence on MBSB, and there are many holding the share like me and EPF, you are the guy who is trying to stab others by inducing to sell in the already bad market, and that is a despicable act. Please get out of our uncaring face.