What will be the fair value of the stock ? BIMB 4.46 now just listed as Islamic bank. No wonder cold eye collected MBSB he knows the value and we sold.

https://themalaysianreserve.com/2019/06/12/mbsb-to-become-islamic-banking-counter-within-2-years/

Triple H your comment is good and have to follow with fundamental

KUALA LUMPUR (Aug 3): DRB-Hicom Bhd’s 50.1%-owned unit Proton Holdings Bhd has announced a campaign that provides fresh graduates an opportunity to own their first car with low hire purchase loan rates.

In a statement today, Proton said the campaign, launched by its unit Proton Commerce Sdn Bhd, only requires a letter of employment or a month’s salary slip in order to qualify for a loan, making it “very accessible”.

“Starting at just 2.98% the rate offered by Proton Commerce is currently one of the lowest in the segment. Basic requirements for a customer include being a graduate (minimum qualification diploma), aged 18-30 years and having a job with a minimum salary of RM1500.

“The offer will run until Dec 31, coinciding with the sales tax holiday currently being enjoyed by all Proton cars. The campaign is designed to help address the issues of mobility for those entering the job market,” it added.

According to Proton, a key deterrent for this segment of buyers has often been the ability to obtain a hire purchase loan without having the proof of income for three months, which is a common requirement for such loans.

Proton Commerce chief executive officer Mooi Fi Phang said the national carmaker is confident that this package will assist fresh graduates to own a car, as monthly repayments start from as low as RM239 per month.

The hire purchase industry, she said, is projected to experience a surge in the near future, as a result of recent reduction in the reduction of the Overnight Policy Rate and the exemption of sales tax for passenger vehicles.

“Therefore, in addition to the Fresh Graduate Campaign package, Proton Commerce also announced that as of July 7, it has reduced the overall offering interest rates to as low as 2.22%, based on customer creditability and margin of finance.

“This means customers would directly benefit as their lower monthly repayment would enable them to use the savings on essentials, and conserve some funds for emergencies,” she added.

https://www.klsescreener.com/v2/news/view/703015

https://www.klsescreener.com/v2/news/view/703015

Good123 and others had already commented as regards to the value of MBSB.Nevertheless if MBSB bank is listed it will create value to our shares and further it cannot be less then the NTA price and further a premium will be added but as a shareholder of MBSB holding what do we get especially you are a loyal shareholder of MBSB. So far the management is silent and we should raise this issue in the interest of all parties. We should pray a win win situation should be offered to the present shareholder and especially many are corporate and Govt link companies. Any one of you can guide us as we are consider minority shareholders.

Jerichomy I think you are the smart guy among us. Now let us ask you a very simple question how do you value MBSB now and after listing of MBSB bank. We like to hear from you . Do not make any comment without facts.

This stock no goreng strictly fundamental

After force selling over new high

Jennychin that is CEO removed. Now who is the Big boss or CEO and the new big shareholder

Maybe i am wrong . Let see. Anyhow the quarter result should improve

Tomorrow AGM let us see.

the result will speak for itself, just be patient.

Perodua also cant beat .DRB shoot above 2.20

X50 if around 40000 will sell like hot cake.must book now

alexsee nothing mention only listing of the bank mention.

now the support level is 0.23. next will be 0.215. Tomorrow will have big vol and force selling..see how is the correction.overbought position

Tomorrow big vol due.

Support level ?

The IPO definitely will not be less then the Book value or NTA do you agree ?

group’s plan to list its wholly-owned banking unit — MBSB Bank — on Bursa Malaysia is still on track, said Ahmad Zaini.

“This will be done after we have transferred the converted assets to the bank and disposed of any remaining non-converted assets,” he said.

Presently, the bank has completed 12 phases of conversion, involving a value of over RM659 million or about 25%, since April 2, 2018.

The bank is expected to convert all its existing conventional assets to Islamic assets by 2021. As at March 31, 2020, MBSB has a gross balance of RM1.84 billion or net balance of RM1.08 billion of conventional loans.

I value about 1.60 very conservative figure. Do you agree ?

Read the statement by the CEO it is on track to be listed soon .

Ally what will be the value of MBSB when MBSB bank is listed and what will be the IPO price .In return those holding MBSB holding shares will they benefit especially EPF. Dont you think value will be created or in short can it go below the NTA price of NTA a very conservative calculation .Usually it will create value

lwyy60 I guess you had done your homework. You know the value of MBSB. Just be patient

leyy60. Cold eyes it may be at the cost of 1.30 and he is a very smart investor and not a single lot sold by cold eyes. Guess why.

Support level anybody knows ?

I believe the stock is undervalue

If Luckchem can go up because chemical supplier to Glove companies then what about our stock here?

I agree with you soonli. Now drop better

razorknight it is a matter of timing anyhow it is a fundamental stock.. it should be above 0.28 now at a discount

ong KawKaw i agree

The company got a lot of cash

what should be the target price after the announcement

This stock nothing less then 2.50 must have holding power

This is one of the cheapest fundamental stock in Bursa !!!! Last time RM 6.50 and now 2.13 .

This stock if you have holding power you will see the beauty of it and the fundamental are intact..

MaYun just be cool i guess you know the value of MBSB. So i will not comment further.

The value of the MBSB will be created when it goes for listing as a bank that time many institution once to take over

Iyin66 my view is first of all you are not given the DIP unless you got the shares before the exdate then only you grt DIP dhares

Possible for privatisation but at what price ??? IPO 6.50 or at NTA price Or at 3.50.anyhow privatise or not privatised does not matter the fundamental is itact

Jerichomy study the facts when reinvested for the shares it turn out to be more then 9 sen .it is your option

I see it will go to 2.50 and thereafter 3.00 + but must have holding power

I believe its fundamental are strong just in the logical terms and layman where IPO is 6.50 then why cannot buy

Vinext how to find out what happen at the AGM

Kenzo if you still dont understand please let me know and i will explained to you.

EPf will create value for the bank anyhow you must have holding power

Mbsb bank going for listing will benefit shareholders .The bank will become something like Bank Islam it looks like a corporate exercise

Bemillion,cicakman and RoboTop just call me tomorrow we study all the facts and help everyone here .Need team work i said earlier. Good night take rest first and hope for the best for the time being