Posted by sudahkena > 2016-03-30 13:05 | Report Abuse

lucky me only 8k

Posted by KG1967 > 2016-03-31 11:29 | Report Abuse

today up for what?

Posted by sudahkena > 2016-03-31 11:41 | Report Abuse

geli2 ???

Posted by ktlum84 > 2016-03-31 18:36 | Report Abuse

Today up to please you all lo... :)

Posted by ktlum84 > 2016-03-31 21:45 | Report Abuse

Anyone know when is the AGM ?

Posted by cyeec2000 > 2016-04-01 07:50 | Report Abuse

Haven't announced yet

Posted by supermax123 > 2016-04-08 15:26 | Report Abuse

already got big shark buying in

Posted by cyeec2000 > 2016-04-08 17:13 | Report Abuse

Today volume was not too happy high

Posted by CUTLOST > 2016-04-10 21:13 | Report Abuse

Money machine in the making

Posted by oasischeah > 2016-04-11 12:09 | Report Abuse

If MBSB will cancel the rights issue, the shares will be reactived. Please think of other channels to strenghten your company. The CEO should have brighter ideas with the team of smart people in management.

Posted by ACELEE > 2016-04-12 15:06 | Report Abuse

Nope Oasischeah,等就是等他的right issue.No rights issue there will be no selling pressure thus no Kangtao.However,I am not eyeing to buy its rights shares (I am not the shareholders at the moment) but under my watchlist

Posted by cyeec2000 > 2016-04-12 15:17 | Report Abuse

I think if they rush to convert to full fledge Islamic bank,the capital will be issue..there is make sense for right issue..

Posted by ktlum84 > 2016-04-12 23:14 | Report Abuse

Market condition is harsh now, even those it successfully converted to a bank but it doesn't mean its can become a profitable firm suddenly...

Posted by cyeec2000 > 2016-04-13 08:20 | Report Abuse

Definitely is better than now, some of the service they cannot provide now, the funding cost is highier due to no current account service..the Islamic bank future will be brighter provided their management is good

Posted by ktlum84 > 2016-04-13 15:39 | Report Abuse

Not too positive even when it becomes a bank, as malaysia has plenty of Islamic bank. The most concern is how the management strategy in the long run to outride other competitors and make the company profitable.

Posted by ktlum84 > 2016-04-13 22:15 | Report Abuse

Someone silently accumulated share at Rm1.37...

Posted by supermax123 > 2016-04-14 08:50 | Report Abuse

Big fund buying...no lie

Posted by Junichiro > 2016-04-14 09:32 | Report Abuse

Its merger with CIMB RHB failed because if MBSB were to used BNM guidelines for NPL, it is worth far less than the owners sought. It has asset quality problems.
The economic cake is smaller now n banks are very competitive. Once the bank has little or no loan growth, they will retrench the staff to cut cost.The question the customers ask is: "is yr offer cheaper than other banks" and not whether you practise ethical banking.
The moment you walk into a conventional bank with Islamic window, the staff will just sign u up for Islamic banking just to fill the target. It has nothing to do with ethical banking.

Posted by oasischeah > 2016-04-19 20:16 | Report Abuse

If MBSB will cancel the rights issue, the shares will be reactived. Please think of other channels to strenghten your company. The CEO should have brighter ideas with the team of smart people in management.

Posted by ktlum84 > 2016-04-20 19:54 | Report Abuse

Impossible.....

Posted by cyeec2000 > 2016-04-20 21:31 | Report Abuse

EPF and second largest shareholder agree to subscribe..

Posted by ktlum84 > 2016-04-20 22:56 | Report Abuse

whether or not, you also need to subscribe or else you share price will be diluted!!

Posted by cyeec2000 > 2016-04-21 09:05 | Report Abuse

Yup,I will subscribe..

Posted by uginefacebook > 2016-04-21 21:02 | Report Abuse

What is 2 calls right issue? Can give some examples in calculation?

Posted by Icon8888 > 2016-04-21 23:32 | Report Abuse

This stock is for 2017

The company has already said they will only turn around by then

Now too early to enter

Posted by hian949372 > 2016-04-22 10:17 | Report Abuse

DEAR FELLOWS,
can anyone explain what is the 2 calls right issue?

currently i had 50,000 mbsb share in my hand and i buy average price of rm 1.519.
What will happen to my share?

can anyone please help me. is the 2 calls right issue very big impact to my share i holding?
pls anyone

Posted by hian949372 > 2016-04-22 12:16 | Report Abuse

what will happen to my mbsb share price?

Posted by cyeec2000 > 2016-04-22 14:31 | Report Abuse

1st called is the shareholder need to pay the cashes for right issues, 2nd called is part of the right issues will be funded from retained earning. The right issue price will be announced after EGM.

Posted by cyeec2000 > 2016-04-22 14:44 | Report Abuse

The price of right issue will be RM0.53- RM0.82, depending the scenario.

Posted by Prcmenon Menon > 2016-04-22 17:33 | Report Abuse

hian - since you hold 50K shares @RM1.519 total cost 76K.

Posted by Prcmenon Menon > 2016-04-22 17:43 | Report Abuse

hian - Under the 1st call you will be eligible to subscribe for 42.5k shares at 0.82 payable in cash of 34.8K which bring your total shares to 92.5k cost RM110.8K. under the 2nd call MBSB will credit your 0.82sen with 0.18sen from its Share Premium account (no cash from you). The end result is you have 92.5K shares of RM1 each which cost RM110.8K or average price of RM1.20. The NTA of MBSB after the rights issue will be diluted to RM1.28 from the current RM1.71.
MBSB has stated in its prospectus that it will continue to make provision of 700mln for the next two years to bring its loan coverage ration to about 1.2% in line with the industry standards. Clearly the rights issue is attractive but the price is to treat it a long-term investment especially as it targets to become a stand alone Islamic Bank. I am in it for the long haul as well.

Posted by BoomBoomChak > 2016-04-24 05:34 | Report Abuse

Thanks Menon for the clear explanation.

Posted by plaxo 88 > 2016-04-25 09:57 | Report Abuse

Menon, can u pls illustrate how u arrived at 42.5k shares at .82cts. Thanks.

Posted by hian949372 > 2016-04-25 14:39 | Report Abuse

Prcmenon - mean i need standy by 34.8k to subscribe the share again. Correct? where can i go subscribe? ask my remiser or?

sorry i am newbie in this field. still learnin. please guide me

Posted by Prcmenon Menon > 2016-04-25 17:19 | Report Abuse

Plaxo - the 42,5K rights shares is based on the proposal documents which you should have received i.e. 17rights shares for 20. (your 50divide by 20 x 17 = 42.5.

Posted by Prcmenon Menon > 2016-04-25 17:31 | Report Abuse

Hian - Yes you have to pay RM34800 to take up the 42500 rights at 82sen each. May I ask you why is it you have not received the Circular from MBSB as yet, suggest you call themor talk to yourrRemisier. The notice for the EGM is also included in that Circular. The EGM is to be held on 5th May 2016 when the proposals will be up for Shareholders approval.Note that the final price for the rights issue will be subject to adjustment based on the price fixing after the EGM. The 0.82sen is a preliminary assessment based on current price of around RM1.35.
Looks like you need to contact your remisier for further details and try to attend the AGM/EGM. Hope this is helpful.

Posted by plaxo 88 > 2016-04-26 09:49 | Report Abuse

Hi Menon, thanks for the clarification......of great help!!

Posted by hian949372 > 2016-04-26 11:52 | Report Abuse

tq menon

Posted by hian949372 > 2016-04-27 16:14 | Report Abuse

this MBSB.. HAIZZZZ... y keep goin down?

Posted by beso > 2016-04-27 19:20 | Report Abuse

so tp will be rm0.82 after ex right issue

Posted by Angielim9955 > 2016-04-27 22:16 | Report Abuse

beso , I enter just now can I still entitle for sub right issue, when is the ex-date for eligible to sub right issue, Can tell me how to sub RI for mbsb please ?

Posted by beso > 2016-04-27 22:47 | Report Abuse

of course you can, buying b4 ex date will entitle to subscribe the right share, the proposed right issue will be completed in q3 as per announcement thus ex date will be fixed by company board after egm thereafter shareholders will receive option form via postal, you need to fill in the form together with full payment of entitled right plus stamp duty by banker cheque post to company share registry, job done.

Posted by ktlum84 > 2016-04-27 23:09 | Report Abuse

Seek for advice! Subscribe right issue better or accumulate after right issue done? Now market quite volatile and I afraid market crash in future cause still 3 months to go.

Posted by Angielim9955 > 2016-04-28 01:16 | Report Abuse

Thanks beso. Beso you buy a lot this counter . This counter currently seem downtrend . Do you have any suggestion. Do you think can back to 2?

Posted by Raymond Tiruchelvam > 2016-04-28 02:10 | Report Abuse

52 weeks range..... 1.26-2.11, so i guess its rock bottom now... time to invest? possible take-over target in near future....

Posted by CUTLOSS > 2016-04-28 03:09 | Report Abuse

No before RI completed. Sell abpve RM 1.40.

Posted by Angielim9955 > Apr 28, 2016 01:16 AM | Report Abuse
Thanks beso. Beso you buy a lot this counter . This counter currently seem downtrend . Do you have any suggestion. Do you think can back to 2?

Posted by beso > 2016-04-28 12:27 | Report Abuse

near term not possible to go back 2 once hit above 1.40 there will be too many sellers, b4 ex right share price should hoover around 1.30 to 1.45
i hold very little share only, for those who has bought in a lot earlier with high price no need to panic sell at loss may just take up the right issue say may be half more or less, let go the remaining option rights in open market so save some money in case it further drops in future can consider top up some again, just my 2cents.

Posted by Angielim9955 > 2016-04-29 00:39 | Report Abuse

beso & cutlost thanks your suggestions, very helpful,
AND beso , what is the price for right issue ?
1.00 or 85 sen ?

Posted by sell > 2016-04-29 09:22 | Report Abuse

Drop to RM 1.20 or lower is possible. If got gain better take than suffer loss.

Posted by hian949372 > 2016-04-29 13:15 | Report Abuse

dear expert.. should i hold this share.?. i am loosing a lot...