RedEagle

RedEagle | Joined since 2014-04-16

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Stock

2018-01-31 10:33 | Report Abuse

Down buy high sell moderate juz hold

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2018-01-31 10:24 | Report Abuse

Sama sama huat..together we rise..1.45...1.55...2.00.. Dun fight2 argue

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2018-01-30 23:24 | Report Abuse

Epf? They dun acquired and dispose?

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2018-01-30 22:53 | Report Abuse

Mode: Buying/Selling/Monitor?

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2018-01-30 22:27 | Report Abuse

Orange88 mbsb need you..please comeback..

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2018-01-30 22:01 | Report Abuse

The Group registered revenue of RM3.26 billion for FYE17 and RM818.27 million for 4Q17 which are consistent with RM3.27 billion (FYE16) and RM816.87 million (3Q17). The revenue is generated from the Total Assets of RM44.81 billion as at 31 December 2017, a 3.56% growth or RM1.54 billion from RM43.27 billion as at 31 December 2016. The rise in Total Assets is contributed by the higher investments in liquefiable assets.



The Group reported its Profit After Tax (PAT) of RM417.13 million for the full Financial Year Ended 31 December 2017, a significant increase of 107.1% or RM215.71 million from RM201.41 million posted in the previous Financial Year Ended 31 December 2016 (“FYE 2016”). On a quarterly basis, PAT has also trended upwards by 23.08% or RM23.25 million from RM100.74 million posted in the last quarter (3Q17). Meanwhile, Profit Before Tax (PBT) of RM550.73 million (FYE17) showed major improvement of 62.74% or RM212.31 million PRESS RELEASE KENYATAAN AKHBAR For Immediate Release 30 JANUARY 2018 2 compared to RM338.42 million (FYE16). Compared to a PBT of RM130.04 million (3Q17), the amount of RM178.30 million (4Q17) is an increase of RM48.26 million or 37.11%. The substantial increase in profits is mainly attributed by the lower cost of funds and lower allowances for the impairment losses on financing, loans and advances.



On the results’ announcement, Datuk Seri Ahmad Zaini Othman, MBSB’s President and Chief Executive Officer commented, “With the ending of the impairment program in 4 th quarter of 2017, we have achieved what we had planned when it was first initiated in the 4 th quarter of 2014. Our 4Q17 and FYE 2017 results were partly attributed by strengthened collection efforts which in turn have reduced the impairment allowance for the year.”



The Group’s gross financing and loans contracted slightly by 3.07% y-o-y from RM35.28 billion (FYE16) to RM34.20 billion (FYE17). This is due to the reclassification of selected impaired retail financing and loans to Financial Assets Held-for-Sale and which sale is expected to be completed in the first quarter of this year. Nevertheless, Gross Corporate Financing and Property Financing have recorded notable annualized growths of 10.01% and 16.29% respectively. On the latter, Datuk Seri Ahmad Zaini added, “We remained to be selective in growing our financing assets but certain corporate segments have continued to be viable and we have managed to secure substantial financing stock moving into the new year from these segments”.



The Group also grew its Deposits from Customers by RM2.14 billion from RM30.61 billion as at 31 December 2016 to RM32.76 billion as at 31 December 2017. However, on a quarterly basis, it recorded a small drop of 1.17% or RM387 million from 3Q17 to RM33.14 billion (3Q17).



Asset quality as measured by the Net Impaired Financing/Loans (NIFL) ratio stood at 2.11% (FYE17), which is an improvement of 0.76 percentage points from 2.87% (FYE16) and 1.05 percentage points from 3.16% (3Q17). The Gross Impaired Financing/loans Coverage stood at 139.52% (FYE17), a remarkable progress from 109.24% (FYE16) and 109.82% (3Q17). On these observations Datuk Seri Ahmad Zaini commented, “It has to be highlighted that despite spending significant time and efforts to ensure the corporate exercise with Asian Finance Bank reaches a positive conclusion, we did not compromise on our 2017 deliverables. Collection and recovery efforts persisted throughout the year to ensure the resultant entity post-merger is premised on solid and healthy assets. This is key in bringing ourselves closer to a comparable position with the industry impairment ratios”.



The Net Return on Average Equity has advanced to 6.02% (FYE17) from 3.48% (FYE16) and 5.69% (3Q17). Similarly, Net Return on Average Assets moved up to 0.95% (FYE17) from 0.48% (FYE16) and 0.89% (3Q17), an increase of 0.47 and 0.06 percentage points respectively. The Group’s Cost to Income ratio (CIR) slightly regressed to 22.62% (FYE17) from 20.82% (FYE16) and 21.93% (3Q17) due to the necessary merger expenses and the expansion of business products and segments. Nevertheless, MBSB’s CIR still remained below the industry average of 49.7%.



Commenting on the Group’s outlook, Datuk Seri Ahmad Zaini stated, “We are certainly excited with the prospects of the new platform upon completion of the merger exercise. While we shall remain committed to doing what has always been profitable, for example the affordable housing projects and the penetration in selected SME sectors but rolling out new products in the immediate years shall be a very positive development for the new entity. We intend to add value by establishing new delivery channels as this shall help to bring prospective customers on board.”

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2018-01-30 21:58 | Report Abuse

A very potential counter which can give u at least of 10% ROI in a month of period timeframe. This counter is MBSB, which just published it's latest 4th quarter report of 2017 on 30 January 2018. The financial report was consider expected and satisfied, which is good enough to be a good catalyst to push the price to RM1.26 and above after 2 weeks of accumulation by "someone".

Based on the technical chart, we foresee the price of this counter was on an uptrend and pending for an ascending breakout at RM1.26. Some even saw it as cup and handle chart pattern breakout. The Money Flow Index and Relative Strength Index was showing an uptrend as well since December 2017 when the price was at RM1.01-RM1.04.

Anyhow, congratulations to those strong holders who did not flush out due to the poor market sentiment today and too bad for those weak holders, it's your time to buy back but not to chase high. To maximize profit, you may consider leveraging your investment by using call warrant.



Disclaimer: Not a buy or sell call, it is just for educational purpose. Buy or sell at your own risk.

@ nice hoe weng

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2018-01-30 21:54 | Report Abuse

Current account, ATM machine, internet banking, credit card, debit card, forex, also potential additional revenue

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2018-01-30 19:58 | Report Abuse

2 days enough to digest the announcement report, analyst report, revise target price, future prospect being Bank, etc.. Hope friday 1.45.. Kikikih

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2018-01-30 18:24 | Report Abuse

Glory Mbsb

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2018-01-30 08:26 | Report Abuse

Glory Glory Mbsb

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2018-01-29 22:43 | Report Abuse

OTHERS Quarterly Financial Report pursuant to Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

MALAYSIA BUILDING SOCIETY BERHAD

Type Announcement
Subject OTHERS
Description Quarterly Financial Report pursuant to Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
We wish to inform that Malaysia Building Society Berhad ("MBSB") has scheduled to release its' financial results for the fourth quarter ended 31 December 2017 on Tuesday, 30 January 2018 in accordance with Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 16 January 2018.

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2018-01-29 22:14 | Report Abuse

Mode~ Buying today and tomorrow?

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2018-01-27 20:10 | Report Abuse

If get dividend 5% above consider good better best than last year only 3% dividend..hope profit double than last year too..

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2018-01-26 19:17 | Report Abuse

Monday mode buying

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2018-01-25 21:44 | Report Abuse

Fly on 2nd Feb?? 1.45, 1.55....2.00??
Hope Q4 result, quarter to quarter superb, Dividend must be better than last year juz only 3 sen..

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2018-01-25 16:00 | Report Abuse

1.45, 1.55......2.00

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2018-01-25 15:49 | Report Abuse

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 3.00 percent and 3.50 percent respectively.

The global economy has strengthened further, with growth becoming more entrenched and synchronised across regions. Global trade continues to sustain strong growth performance. In the advanced economies, diminishing labour market slack and additional policy support will provide further impetus to growth. In Asia, growth is driven by sustained domestic activity and strong external demand. Globally, financial markets have remained stable. Global growth is projected to experience a faster expansion in 2018. In this environment, risks to the global growth outlook are more balanced, pointing towards continuity in the current phase of global economic expansion.

For the Malaysian economy, latest indicators reaffirm the strength in exports and domestic activity. Looking ahead, the strong growth momentum is expected to continue in 2018, sustained by the stronger global growth and positive spillovers from the external sector to the domestic economy. Domestic demand will remain the key driver of growth, underpinned by favourable income and labour market conditions. The outlook for investment activity is also positive, driven by new and on-going infrastructure projects and capital spending by both export- and domestic-oriented firms. The external sector will provide additional impetus to the economy. Overall, growth is expected to remain strong in 2018.

Headline inflation averaged at 3.7% in 2017. Inflation is expected to average lower in 2018, on expectations of a smaller effect from global cost factors. A stronger ringgit exchange rate compared to 2017 will mitigate import costs. Global energy and commodity prices are expected to trend higher in 2018. However, the trajectory of headline inflation will be dependent on future global oil prices which remain highly uncertain. Underlying inflation, as measured by core inflation, remains moderate.

The domestic financial markets have been resilient. The ringgit has strengthened to better reflect the economic fundamentals. Banking system liquidity remains sufficient with financial institutions continuing to operate with strong capital and liquidity buffers. The growth of financing to the private sector has been sustained and is supportive of economic activity.

With the economy firmly on a steady growth path, the MPC decided to normalise the degree of monetary accommodation. At the same time, the MPC recognises the need to pre-emptively ensure that the stance of monetary policy is appropriate to prevent the build-up of risks that could arise from interest rates being too low for a prolonged period of time. At the current level of the OPR, the stance of monetary policy remains accommodative. The MPC will continue to assess the balance of risks surrounding the outlook for domestic growth and inflation.

Bank Negara Malaysia
25 January 2018

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2018-01-23 19:23 | Report Abuse

1 day up 3 stagnant?

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2018-01-23 19:18 | Report Abuse

KUALA LUMPUR: Malaysia Building Society Bhd
(MBSB) is a step closer of becoming a full-fledged Islamic bank with the completion of its proposed merger with Asian Finance Bank Bhd (AFB) expected by end of March.

It’s president and chief executive Datuk Seri Ahmad Zaini Othman said more than three quarter of the integration process has been completed and expect the merger to be finalised by end-March.

The merger would result in MBSB becoming the financial holding company of AFB and a with a new name for the merged entity.

Ahmad Zaini said this after a press conference at he company’s EGM on Tuesday.

Under the merger exercise, MBSB would acquire AFB in a RM644.95mil deal that would give the non-bank lender a license to become a full fledged Islamic bank.

On another note, he added that post integration, there would not be any layoffs or any form of separation schemes such as VSS or MSS although there could be one or two changes at the management staff level.

As for expansion, Ahmad Zaini said MBSB was looking at maxismising it existing bank branches and possible relocation of some branches post merger.

At the moment it has 44 branches nationwide.

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2018-01-23 19:11 | Report Abuse

Momentum QR 30/1/17

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2018-01-23 11:46 | Report Abuse

Up Top Soon..kikiki

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2018-01-23 08:45 | Report Abuse

Any news from EGM breakfast

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2018-01-22 22:22 | Report Abuse

ALOR STAR: Bank Negara Malaysia (BNM) will soon introduce the MyDebit Corporate Card to reduce the usage of cash and cheques in commercial transactions.

BNM governor Tan Sri Muhammad Ibrahim said the card - which is a collaborative initiative with Payments Network Malaysia Sdn Bhd (PayNet) and local financial institutions - will allow corporate bodies and entrepreneurs to make payments to government agencies at selected bank branches without the use of cash or cheque.

"The (usage) of cheques as a payment method is still high.

"In 2016, 19 million cheques were used by business entities as payment methods to government agencies," Muhammad said in his speech at the opening of the Kedah Financial Carnival 2018 here on Friday. The event was launched by state Industry, Domestic Trade and Cooperatives committee chairman Datuk Dr Ku Abd Rahman Ku Ismail.

Muhammad, however, also pointed out that since the introduction of the 2011 Financial Sector Blueprint 2011-2020, the use of cheques fell by 42 per cent from 205 million to 120 million in 2017.

At the event, the BNM governor also announced the upcoming launch of a new awareness programme designed to allow easy access to the Central Credit Reference Information System (CCRIS) via an electronic platform (eCCRIS).

Muhammad said eCCRIS will provide finance officers with direct access to loan information through the Internet.

Apart from increasing efficiency, eCCRIS will also shorten the loan application review process at 11 financial institutions.

The three-day Kedah Financial Carnival 2018 at the TH Hotel and Convention Centre here sees the participation of 53 financial institutions, including banks, insurance companies and government agencies.

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2018-01-22 19:51 | Report Abuse

Indicator C's will shooting star due to mother rm1.45....1.55......2...

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2018-01-22 16:55 | Report Abuse

RM1.45....RM1.55...RM2....

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2018-01-21 18:34 | Report Abuse

U.S.A Gov shutdown effect Bursa Malaysia?

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2018-01-21 18:32 | Report Abuse

Buy on 22/1 sell 24/1 Buy 30/1 sell @ 2.00 above?

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2018-01-19 21:51 | Report Abuse

Buy 22/1 sell 24/1, Buy 29/1 sell 2/2?

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2018-01-09 22:15 | Report Abuse

Tomorrow which counter Orange88

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2018-01-08 09:48 | Report Abuse

Warrant...aummm..

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2018-01-07 20:03 | Report Abuse

Let them meet at Brickfield..tomorrow 3.30 pm pullback..going south..

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2018-01-07 14:11 | Report Abuse

15yrs old~~~89yrs old

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2018-01-07 09:57 | Report Abuse

Ini sulah jd mahkamah forum..

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2018-01-06 23:08 | Report Abuse

Fighting sign for pullback next week? Telenovela Cinema

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2018-01-06 22:40 | Report Abuse

Pullback?

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2018-01-06 22:29 | Report Abuse

Fighting to swap mbsb warrant? Or mother?

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2018-01-06 21:31 | Report Abuse

Orange88 rich person..kind person..thanks for the tips..

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2018-01-06 18:50 | Report Abuse

Donate to me 1 bezza

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2018-01-06 18:46 | Report Abuse

Hope pullback..

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2018-01-06 18:35 | Report Abuse

I trust you orange88..collect now and start sell on feb..lock profit and buy Bezza plus McD..

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2018-01-06 18:31 | Report Abuse

By feb i think going north all warrant.. I start selling because need money to buy Bezza..

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2018-01-06 18:29 | Report Abuse

Ok reading now again..kiki

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2018-01-06 18:23 | Report Abuse

Yes..Good news we start sell?

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2018-01-06 18:09 | Report Abuse

Market capital...
Total No of unit shares X current market price

Yield....
Price of dividend divide by current market price

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2018-01-06 18:05 | Report Abuse

No of units ordinary shares for HLCap?

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2018-01-06 17:47 | Report Abuse

GENERAL MEETINGS: Notice of Meeting

MALAYSIA BUILDING SOCIETY BERHAD

Type of Meeting Extraordinary General Meeting
Indicator Notice of Meeting
Description MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "COMPANY")

PROPOSED MERGER OF MBSB AND ASIAN FINANCE BANK BERHAD ("PROPOSED MERGER")
Date of Meeting 23 Jan 2018
Time 10:00 AM
Venue Grand Nexus, Level 3A, Connexion Conference & Event Centre @ Nexus, Bangsar South City, No. 7 Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia
Date of General Meeting Record of Depositors 15 Jan 2018

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2018-01-06 17:38 | Report Abuse

Sell on news..kikiki..