Hibiscus start moving up...

Good news, Morgan Stanley upgraded Malaysia stock to equal weight this morning.

Remember, don't queue, straight away buy... only half cent different

This round will shoot very high... as all weak holders have been cleared in last few days....

Latuk, up already, quickly buy.....

HK up 650 pts (2.5%)
Japan up 220 pts (1 %)
China up 30 pts (1.15%)
Thailand up 2%

Market sentiment become much better now.....

latuk, hibiscus price not up yet, that gives us an opportunity to buy low.

Understand you sold today... suggest you to buy small quantity now to avoid regret later....

US invites China to discuss on trade war.

All world market rebound, HK up 600++ points, more than 2 %.

Right time to buy good fundamental with reasonable price. Just top up more.

latuk, i will average down if drop.

One shall not focus on the share price but value of the company.

So many good news for MBSB
1. Dividend 5 cents
2. Good Q4 2017 financial results
3. 2017 profit double up
4. Bank license obtained.
5. Interest rate up 0.25%

So, got chance limit up on Friday?

Myeye, any update on voting results?

Anyone in EGM today?

Please update the vote results once available.

Government sectors including DRBHicom, FGV, MRCB all shoot up.

I think this could be goreng before general election.

MBSB also government sector, shooting up very soon...

Syndicate eating up 0.045 again... will this time real or still fake goreng?

this counter really funny
i wonder what is the intention of big boy syndicate

really don't understand

What happens to this counter, Netx?

Today top volume again but price not moving...

Today market sentiment not so good.

A bit retreat from yesterday up is reasonable.

Whether 1 day show or not? Let's see afternoon movement.

MBSB fundamental still good, with the new Islamic banking license, investors will be rewarded in near future, just need to be patience.

thank you for sharing, Red Eager.

US federal reserve up interest rate 0.25%, this is the reason of all banking stock up today including MBSB.

Malaysia likely to follow US to increase interest rate soon. This will benefit all the banking stock.

Closing above 1.10 today is possible.

Good sign.

Stand firm at 0.045 vs 0.05

It will be better with numbers of share transaction at 0.05

Jackpotjill, you are right, right hand to left hand, unless it can stand firm at the price of 0.045 vs 0.05 or above...

Netx top volumn today.

Good sign.

Hope it is not only top volumn, but also top gainer in percentage.

Guys, I could have an answer of why MBSB keeps dropping...

Call warrant issuers wanted the price to be low so that they can have huge profit ... if the share price lower than call warrant exercise price at the time the call warrant expires... the call warrant issuer can have tens of millions of profit...

What's happening on mbsb stock?
After announced acquiring AFB to obtain Islamic banking license, almost everyday dropping

Agree with Chokra, instead of selling to syndicate, I actually topped up 10-20 lots everyday.

Syndicate very clever, purposely to push down the price and set a road block, so that all weak holders and contra kaki sell to them.

I think syndicate will goreng up very soon...within next few days...

MIDF New target price 1.50

Kenanga target price 1.45

Hopefully afternoon will up further

MIDF New target price 1.50

Kenanga target price 1.45

Hopefully afternoon will up further

Tomorrow might limit up 30%...From 1.11 all the way to 1.44

High chance

It is a good news.

MBSB will get its Islamic bank license soon. Tomorrow share price will gap up.

MBSB issues share at 1.10 means bottom price and strong support at this level.

Supermx2, you are really good, you can predict the share price correctly... how do you do that? please share.

what will be the next? up or down ?

Karhonghit, my 6th sense - Syndicate is collecting before shooting new high.

Vivoviva,

Thank you for sharing the news...

I believe Airasia is warming up now before rally........

Vivoviva,

11am passed, nothing happens?

vivoviva,

When Aussie fund buy, it will not just up for few cents only. i think at least 50 cents to 100 cents.

Looks like Tony strong promote to foreign funds works now...

It will be great if Airasia closes at 3.46 today.

free 12 cents dividend!

Agree with Chan SauWei statement

"Air Asia is a bit special,
u think it will drop, it up at the end
U think it will up, it drop kasi u tengoh"

Newbie1111,

Just to share my observation, AirAsia share price dropped after ex date for previous dividend is due to EPF selling AirAsia, took profit.

This round could be different.

My 6th sense ... AirAsia share will continue up after ex date of dividend...

Today is T+4 from that day big volume down. Syndicate will only goreng tomorrow.

Tomorrow will gap up in the opening.

PetronM up 27 cents.

HengYuan is still sleeping... only up 7 cents.

Yes, after coming 12 cents dividend, there should be at least 2 rounds of dividend...

a. 2017 financial year final dividend...
b. AAC sales dividend...

Airasia will become King of Dividend stock in 2017

Crack Spread = Selling price - cost of crude oil per barrel

One should understand that crack spread for every quarter is different. If the crude oil price uptrend = crack spread bigger
If the crude oil price down trend = crack spread smaller

Refinery industry, every year sure have some quarter bigger crack spread (like Q1) and some quarter smaller crack spread (like Q2)

We shall look at whole year results, rather than every single quarter.

The most important thing I want to highlight here is even will smaller crack spread in Q2, HengYuan still can have EPS 28 cents, this is fantastic.

For year 2017, Q1 EPS 96 cents,Q2 EPS 28 cents.

Scenario 1, If Q3 and Q4 EPS 0 (which is unlikely) Then PE is less than 7 now.

Scenario 2, If Q3 and Q4 EPS only 28 cents (which is unlikely as crude oil uptrend now) Then PE is 5

Scenario 3, If Q3 and Q4 EPS 60 cents (if big crack spread), then PE is 3.3

Even worst case scenario 1, PE is less than 7 now. So, what are you worrying about?

The results is expected.

Do you know why the profit margin is low in Q2, 2017?

http://m.nasdaq.com/markets/crude-oil.aspx?timeframe=18m

The crude oil price chart above from 1 Apr (USD 53) to 30 June (USD 44) 2017 will self explain.

That means, during Q2, Hengyuan bought crude oil at high price. After process, it takes several weeks and sold at low price.

I think that HengYuan having EPS 28 cents is considered doing good for this Q2 which crude oil price in downtrend.

We also can see that crude oil is in uptrend for Q3 now. So, can expect good Q3 results as hengyuan buy crude oil in low price. And after process can sell high price due to crude oil price uptrend.

You could base on the chart to understand why Q1 results is superb..

Last year Q2 results was published on 25 August.

Hope this year too

kimhaolian, agree with you - Petro consumption shall be more or less the same for all vehicles - If Petdag and Petronm down, then Shell shall be up... simple logic

Somemore, Hariraya long holidays was fall in Q2... 25 June... so petrol consumption shall be higher for 2017 Q2

Petronm share price slowly recovering.....

Hope HengYuan follows...

Anyone knows when Q2 financial results release?

yingchai, everyone has his/her own price that he/she thinks it is worth to buy.

Your TP 1.05 is a bit low i think.

To me, 1.28 now is reasonable price before signing with AFB. I think it won't go down to 1.05 unless the deal is cancelled. However, if the deal is on, it will fly .... i believe a banking license really worth a lot.

Agree with you that MBSB needs to invest a lot if got banking license. To me, invest and expanding is a good thing for future revenue and profit.

Syndicate is pressing down and collecting the MBSB shares now.

According to article, although MBSB has not signed agreement with AFB, everything is already in plan.

6 months ago, BNM has no objection on the merger and ask MBSB to start negotiating with AFB.

Recently, MBSB seeks BNM approval and obtained it.

AFB whose Major share holder in Qatar also wants to exit from AFB because of their country situation.

Of course, I am not saying the merger is confirmed or 100% done deal. But it is now in great progress... Signing soon.

If i am syndicate, i will start collecting... how to collect, has to press down the price ...

Just my 2 cents, take your own risk.