MBSB BERHAD

KLSE (MYR): MBSB (1171)

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Last Price

0.74

Today's Change

-0.005 (0.67%)

Day's Change

0.735 - 0.75

Trading Volume

19,851,100


30 people like this.

22,714 comment(s). Last comment by ShareFortuneTeller 5 hours ago

TheContrarian

9,507 posts

Posted by TheContrarian > 4 weeks ago | Report Abuse

Posted by chokra > 1 month ago | Report Abuse

I am so tired of holding MBSB. have been holding it for at least 8 years. Nothing MBSB does can influence its share price. Perhaps Kenanga Investment Bank is right. MBSB is overvalued even at today's price. Regret buying it. This is the worse bank share in KLSE.

speakup

27,157 posts

Posted by speakup > 4 weeks ago | Report Abuse

@chokra what is your entry price 8 years ago?

chokra

75 posts

Posted by chokra > 4 weeks ago | Report Abuse

About Rm 1.10. Speakup.

bowman

2,602 posts

Posted by bowman > 3 weeks ago | Report Abuse

This is definitely the worst performing stock in the financial sector. There is no beneficial investor relations, let alone any interest to lift itself to new heights. Its prices tracks reflects how responsible or the lack of to its shareholders. There is no interest nor courage to move beyond a cooperative's image now that it also owns the MIDF.

chokra

75 posts

Posted by chokra > 3 weeks ago | Report Abuse

Bowman, from my observations the management of MBSB is similar to GLCs. None of the top guns in MBSB concern about creating value for shareholders. They just earn fat wages, after all their appointments in GLC/EPF companies is through some strange selections by their masters. They don't even have a conscious that they are letting down all their shareholders.

chokra

75 posts

Posted by chokra > 3 weeks ago | Report Abuse

I meant conscience and not conscious.

M55555

1,105 posts

Posted by M55555 > 3 weeks ago | Report Abuse

They are working very hard.. to meet Flight 26.....
Need some faith... company that like to issue MOUs
Yesterday MOU with Curlec . Other MOUs from previous years, MRT Corp, Celcom, PR1MA, Uitm......

StarOfTheBull

8,045 posts

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

In term of share price, this is the worst performance bank so far.

RInvest

55 posts

Posted by RInvest > 2 weeks ago | Report Abuse

Good Q report - not bad

StarOfTheBull

8,045 posts

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Revenue and profit fast catching up with Affin Bank.
At this price the potential is very good 👍.

vitac

525 posts

Posted by vitac > 2 weeks ago | Report Abuse

Cannot compare profit with affin as the outstanding shares for mbsb is many times more than affin

TheContrarian

9,507 posts

Posted by TheContrarian > 2 weeks ago | Report Abuse

6Posted by TheContrarian > 1 week ago | Report Abuse

MBSB has a very huge shares in issue of 8.222 billion.

MBSB needs RM1.6444 billion net profits for EPS of 20 sen while Affin needs RM480 million (not billion) net profits for EPS of 20 sen.

TheContrarian

9,507 posts

Posted by TheContrarian > 2 weeks ago | Report Abuse

Why Affin can hit EPS of 20 sen by just achieving RM480 million? Because Affin shares in issue only around 2.4 billion. If a person still no understand there's no point investing in the share market.

bowman

2,602 posts

Posted by bowman > 2 weeks ago | Report Abuse

Let's see if this profitability nonsense put it where it should be - languishing in the mid 0.70 is shameful for a bank with such huge business base. Either the BOD dont know banking business or dont care two hoots for investor relations!

Posted by Chok Sharon > 2 weeks ago | Report Abuse

why certainly drop?

Posted by Loy Loy Cheong > 2 weeks ago | Report Abuse

Someone is pressing down the price due to call warrant maturing on 29/11 @70sen....

Posted by Chok Sharon > 2 weeks ago | Report Abuse

oic

Posted by Chok Sharon > 2 weeks ago | Report Abuse

thanks

Posted by Bankanalyst > 2 weeks ago | Report Abuse

MBSB’s key issue is CASA!

Posted by Bankanalyst > 2 weeks ago | Report Abuse

They have a significantly over reliance on FD to fund their loan book. The bank shd strategise on how to capture low cost deposits. Offering 2.8% current account rates is not desperate move.

Posted by Bankanalyst > 2 weeks ago | Report Abuse

They have a significantly over reliance on FD to fund their loan book. The bank shd strategise on how to capture low cost deposits. Offering 2.8% for current account is not strategic.

Posted by 641003025255 > 1 week ago | Report Abuse

cut loss

Posted by Loy Loy Cheong > 1 week ago | Report Abuse

Despite good quarter results, the selling continue, when will EPF stop selling?

Yippy68

1,697 posts

Posted by Yippy68 > 6 days ago | Report Abuse

EPF kindly keep selling till MBSB drop to 59 cents, I will sapu , my limit is 2000 lots.

Yippy68

1,697 posts

Posted by Yippy68 > 6 days ago | Report Abuse

more condemn, it will be better chance for me. hahahaha

speakup

27,157 posts

Posted by speakup > 6 days ago | Report Abuse

mbsb got problem. their dividend seem like announce at random. no fixed time per year.

speakup

27,157 posts

Posted by speakup > 4 days ago | Report Abuse

Mbsb just announced good interim dividend.

M55555

1,105 posts

Posted by M55555 > 3 days ago | Report Abuse

Ah.... senyap-senyap... jangan fikir tak berubi.

Cockcroach

638 posts

Posted by Cockcroach > 3 days ago | Report Abuse

Yahoo. 2.75c interim

Cockcroach

638 posts

Posted by Cockcroach > 3 days ago | Report Abuse

End of year bonus

Posted by Loy Loy Cheong > 3 days ago | Report Abuse

MBSB interim dividend of 2.75sen is less then 3% of the current stock price which is nothing to shout about, and mind you, they have a record for not giving FY dividend after the interim dividend, so.....MBSB, can you promise a FY dividend after the next quarter results?

Posted by Loy Loy Cheong > 3 days ago | Report Abuse

and with the price stuck at current level when the other banks have move up to record level after covid, the price will be lower after dividend payout....how MBSB is going to attract investors to buy its shares when price remain either stagnant or down? Poor management team even after new top designated post were change and things still remain slow moving. Just like the Malaysia ringgit, it is slowing dying since 30 years ago....MBSB is just like that

Posted by Loy Loy Cheong > 3 days ago | Report Abuse

very sorry to say, running the company like a bumi entity is not helping but ruining the company, there is a serious rebranding need to change the image of the bank, pick the best people to run the bank and not some choosen ones that were there just to act like a sitting duck

ks55

4,298 posts

Posted by ks55 > 3 days ago | Report Abuse

MBSB gives you 2.75 sen Interim Dividend in Dec.
Will give another 3.25 sen Final Dividend in Hun 2025.

To get 6 sen on 75 sen gives you DY at 8%. Better than EPF..........

Posted by Loy Loy Cheong > 3 days ago | Report Abuse

well, if there will be an imaginary Final dividend like you said, the share price will be 68sen after the payout, and all is back to the square one....just look at how the share price perform....its a shame

RInvest

55 posts

Posted by RInvest > 3 days ago | Report Abuse

Looking at the history of dividend payment - this is confirm a dividend bearing stock - relative to its price - above 5% easily
As for capital gains - that's yet to be seen

Posted by Loy Loy Cheong > 3 days ago | Report Abuse

Even dividend announcement cannot hype up this useless counter really says something, if you observed the millions of share queuing to sell are always the big shares holder vs the buy which are all small retail investors makes you wonder why are all big shares holders selling?

RInvest

55 posts

Posted by RInvest > 3 days ago | Report Abuse

https://theedgemalaysia.com/node/737348
@ks55 - supported by BIMB Securities - fingers crossed

M55555

1,105 posts

Posted by M55555 > 3 days ago | Report Abuse

Giving good dividend also not happy ? Collect MBSB only if it is for long term and for dividend. It is not for goreng just because it is the cheapest Bank counter . Her market cap are now range 6 billion almost similar to those of BIMB, Affin, ABMB.. So the current share price it is what it is . But in future earning grow prospect , that's what most investors look for here, it may lift the market cap .

Cockcroach

638 posts

Posted by Cockcroach > 3 days ago | Report Abuse

Just buy and keep. Better than putting in banks...as low interest rates are coming ...

HugoUPUPUP

114 posts

Posted by HugoUPUPUP > 2 days ago | Report Abuse

@speakup Because next year for 100k about will kena dividend tax, so they need early withdraw some cash.

Yippy68

1,697 posts

Posted by Yippy68 > 2 days ago | Report Abuse

not just listed companies, cash rich private companies directors will do the same to withdraw all the after tax profit ,
to avoid double taxation of 2% on dividend received.

Yippy68

1,697 posts

Posted by Yippy68 > 2 days ago | Report Abuse

EPF keep selling , why and to whom? Bank Negara rule, no individual or organization should hold more than 25% if wish to list any bank in Bursa. Is that the intention of EPF, am I right or or I am wrong , please advice me.

Yippy68

1,697 posts

Posted by Yippy68 > 2 days ago | Report Abuse

@cockcroach, you are wise to buy and keep. I did the same, some may call you DIE HARD, but only the die hard hit the jack pot EVENTUALLY.

Yippy68

1,697 posts

Posted by Yippy68 > 2 days ago | Report Abuse

@M55555 you are also very wise. the dividend i received for the pass ten years is huge and my cost is very low now, I sapu when price dip, only wise people can survived in BURSA. the sea with lot of sharks...hahahaha

speakup

27,157 posts

Posted by speakup > 2 days ago | Report Abuse

agree with https://theedgemalaysia.com/node/737348
hold for final dividend

Cockcroach

638 posts

Posted by Cockcroach > 2 days ago | Report Abuse

Yes Yippy68.
No complain with this counter . Its my FD

Posted by papakuching > 2 days ago | Report Abuse

With interim dividend of RM0.0275, buy now and your cost is less than RM0.72 by Christmas. Safe bet

RInvest

55 posts

Posted by RInvest > 1 day ago | Report Abuse

Get as low as possible ..

Posted by ShareFortuneTeller > 5 hours ago | Report Abuse

Bought at Low price with dividends is never a wrong decision. From the trading transactions, it seems that a big hand is pressing down the share price even with good results and dividends given. From this scenario, it warrants me never invest especially in ' call warrants' issued by Banks/broking house for Banks counter involved.

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