MBSB BERHAD

KLSE (MYR): MBSB (1171)

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Last Price

0.725

Today's Change

+0.01 (1.40%)

Day's Change

0.71 - 0.725

Trading Volume

4,669,800


30 people like this.

22,743 comment(s). Last comment by speakup 4 hours ago

Bino Caka

109 posts

Posted by Bino Caka > 2016-07-01 15:51 | Report Abuse

damn syok to see CMY keep sapuing...luckily i sapu quite alot last 3 days..will subscribe the rights and try over subscribe also...hopefully all kena...

Johnnys

759 posts

Posted by Johnnys > 2016-07-01 15:56 | Report Abuse

after CMY sapu... normally will drop 30% as refer to past exp.

Bino Caka

109 posts

Posted by Bino Caka > 2016-07-01 16:02 | Report Abuse

lol...you are wrong if you think like that...CMY is long term investor...the previous drop is not caused by him...if you are long term investor, dont worries, we are sit on same boat with EPF, CMY...surely MBSB will turnaround and make great profit soon....they have invested ton of money, our money just so small compare to CMY...no worries la...buy at current price, downside is limited..
how low it can go? 0.5 ? maybe la..then 20% drop lor...
how high it can go next time? 1? 1.5? 2? or 3? see how high the sky la...

think logically pls...if you dont buy at such low, you will lose next time.

remember..always buy low sell high... not buy high sell low!!!!!!!!!
if a company is good, when the price is low, we should see an opportunity, dont scare here and that...

Force

1,418 posts

Posted by Force > 2016-07-01 16:08 | Report Abuse

What is cmy?

xncziyi44

124 posts

Posted by xncziyi44 > 2016-07-01 16:20 | Report Abuse

cmy chua ma yu a major shareholder >6%.

cutie

1,690 posts

Posted by cutie > 2016-07-01 16:26 | Report Abuse

going crazy already...can chase or not?

babu

326 posts

Posted by babu > 2016-07-01 16:27 | Report Abuse

sorry re-posting as all garbled up :
@ BinoCaka, take with a pinch of salt your so called "insider news" ....... CMY is already a substantial shareholder and if he is buying, he will have to declare. So far, nothing ! Furthermore, we can see who is who in term of long-term investor by looking at the recent 50,168,876 new MBSB Shares pursuant to the Dividend Reinvestment Plan. EPF had announced on 17 June that it acquired another 48,205,975 shares as a result of accepting the Dividend Reinvestment out of the total issued and allotted 50,168,876 new MBSB Shares pursuant to the Dividend Reinvestment Plan (“New MBSB Shares”) but CMY's camp is all quiet i.e. he took cash dividend ..... therefor unlike EPF, CMY not likely the big gobbler of OR or mother share (your leaky "insider news") : I could be wrong though !

hng33

20,530 posts

Posted by hng33 > 2016-07-01 16:29 | Report Abuse

Wowwwwww. MBSB and OR continue strength.....congratulate to those still holding, you all deserve it :D)

Force

1,418 posts

Posted by Force > 2016-07-01 16:32 | Report Abuse

Wah....

cutie

1,690 posts

Posted by cutie > 2016-07-01 16:33 | Report Abuse

almost 50 percent profit

hng33

20,530 posts

Posted by hng33 > 2016-07-01 16:35 | Report Abuse

cutie

Well done!!

Woody

746 posts

Posted by Woody > 2016-07-01 16:39 | Report Abuse

Me not selling, still keeping..too cheap to sell

murali

5,723 posts

Posted by murali > 2016-07-01 16:39 | Report Abuse

EPF shall give Green Pao next 2 weeks..hope can buy Seacucumber to eat

Bino Caka

109 posts

Posted by Bino Caka > 2016-07-01 16:46 | Report Abuse

dont sell...yea, too cheap too sell...at least will rise back to 0.9-1.2 in the short term..just go subsribe it.!

murali

5,723 posts

Posted by murali > 2016-07-01 16:48 | Report Abuse

Kk123 dont forget to buy....

babu

326 posts

Posted by babu > 2016-07-01 16:49 | Report Abuse

@murali, as the dust begin to settle over the OR trading window , it looks like you are the champion in following EPF's backside all the way ........... well done and well deserved profits for you !

murali

5,723 posts

Posted by murali > 2016-07-01 16:51 | Report Abuse

Posted by babu > Jul 1, 2016 04:49 PM | Report Abuse

@murali, as the dust begin to settle over the OR trading window , it looks like you are the champion in following EPF's backside all the way ........... well done and well deserved profits for you !

See Hng33...where got backfire....

babu

326 posts

Posted by babu > 2016-07-01 16:52 | Report Abuse

wow ! 11 sens is where the big guys are shedding blood !

murali

5,723 posts

Posted by murali > 2016-07-01 16:52 | Report Abuse

Babu TQ. Come come sit on the same boat...sing or sink with EPF....

nocindycat

492 posts

Posted by nocindycat > 2016-07-01 16:53 | Report Abuse

prepare to lose big money!

nocindycat

492 posts

Posted by nocindycat > 2016-07-01 16:54 | Report Abuse

look at the number of shares queue for mbsb-or! holy sheet

murali

5,723 posts

Posted by murali > 2016-07-01 16:57 | Report Abuse

lol..if wanna sell why only q to sell at last minute? Kena Along force sell ah?

Johnnys

759 posts

Posted by Johnnys > 2016-07-01 16:58 | Report Abuse

I sold OR and bought Mother, don't want because of 3 cents and lock my $$ for 1 month.

babu

326 posts

Posted by babu > 2016-07-01 16:58 | Report Abuse

@murali you see the 11 sens macham unlimited endless supply on Sellers' side 76,000,000 shares waiting for any willing buyer to pick !!! I think you enjoy you boat ride, I sure get sea sick with this rickety boat and so rough seas lately ! Good luck and stay alive :)

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-01 17:02 | Report Abuse

fund manager or epf push up price is it, cause want to push OR is it, so now RI is oversub is it ?
so like this situation next week either up otherwise drop like no tomorrow if today is a trap ?
someone expert can comment ?

murali

5,723 posts

Posted by murali > 2016-07-01 17:05 | Report Abuse

Maybe CMY last minute cannot get financing from Ah Long and have to sell his OR leh...

Johnnys

759 posts

Posted by Johnnys > 2016-07-01 17:07 | Report Abuse

If CMY cannot get financing, that mean margin call is coming soon.

hng33

20,530 posts

Posted by hng33 > 2016-07-01 17:07 | Report Abuse

With so much desperate seller at 11sen in the last min, imply many seller want to cash out instead of opt to subscribe at 59sen..........it prompted portfolio to buyback all earlier sold at 9.5sen and 12sen....reap small contra gain, but bought back all OR.......and opt for double up to oversubscribe......

Remark: excess subscribe if entitle will be based on pro-rated basis...therefore, need to bought all volume back in order to entitle MAXIMUM oversubscribe portion at 'free cost'..........

Bino Caka

109 posts

Posted by Bino Caka > 2016-07-01 17:08 | Report Abuse

they put so much OR is selling queue just to scare off you guys...so that you guys wont subscribe the share, and they can over subscribe it with cost 59 sen only..
dont be naive, just subscribe all la..
next week wont drop like no tmr la..if drop below 0.59, no body going to subscribe the rights by 13th July...then MBSB company wont receive any money...so my guess is they will push higher next week to attract you guys subscribe more..

Bino Caka

109 posts

Posted by Bino Caka > 2016-07-01 17:10 | Report Abuse

CMY will borrow along mer? lol...silly statement..CMY is damn rich, why need to borrow along =.= where got so rich along...

murali

5,723 posts

Posted by murali > 2016-07-01 17:10 | Report Abuse

Hng33 u may not get any excess as u dont hold any mother before Ex Date..u only bought OR from the market. MBSB could be different from Bstead. Let's see...

murali

5,723 posts

Posted by murali > 2016-07-01 17:11 | Report Abuse

Posted by Bino Caka > Jul 1, 2016 05:10 PM | Report Abuse

CMY will borrow along mer? lol...silly statement..CMY is damn rich, why need to borrow along =.= where got so rich along...

Relax lah...just to make some jokes with u all..enjoy yr weekend

hng33

20,530 posts

Posted by hng33 > 2016-07-01 17:22 | Report Abuse

murali

hahaha, it just a BIG JOKE to said different stock have different condition on excess right application.....lollll....HERE ARE CONDITION to entitle excess application.....my condition is on (iv).........clear..........

(i) firstly, to minimise the incidence of odd lots;

(ii) secondly, for allocation to the Entitled Shareholders who have applied for Excess Rights Shares, on a pro rata basis and in board lots, calculated based on their respective shareholdings as at the Entitlement Date;

(iii) thirdly, for allocation to the Entitled Shareholders who have applied for Excess Rights Shares, on a pro rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Shares application; and

(iv) finally, for allocation to the renouncee(s)/transferee(s) (if applicable) who have applied for Excess Rights Shares, on a pro rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Shares application.

murali

5,723 posts

Posted by murali > 2016-07-01 17:23 | Report Abuse

(ii) secondly, for allocation to the Entitled Shareholders who have applied for Excess Rights Shares, on a pro rata basis and in board lots, calculated based on their respective shareholdings as at the Entitlement Date;

They will go by this first ...from my past experience on those very laku right issues

beso

2,137 posts

Posted by beso > 2016-07-01 17:25 | Report Abuse

in case of RI nobody cares whether your OR is from open market or by entitlement so long as there is extra unsubscription applicants will get it by 1st come 1st serve basis

r°Moi

5,802 posts

Posted by r°Moi > 2016-07-01 17:25 | Report Abuse

Buy OR will get very little excess... leftover only

murali

5,723 posts

Posted by murali > 2016-07-01 17:25 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5124533

This could be the reason why u got all yr excess in Bstead..tak laku

murali

5,723 posts

Posted by murali > 2016-07-01 17:25 | Report Abuse

Gamuda-WE very laku u get zero excess...am I right?

murali

5,723 posts

Posted by murali > 2016-07-01 17:27 | Report Abuse

So whether can get excess or not in MBSB depends on it's laku or not

murali

5,723 posts

Posted by murali > 2016-07-01 17:28 | Report Abuse

Thats why i said different stock different scenario mah...am I lied?

murali

5,723 posts

Posted by murali > 2016-07-01 17:29 | Report Abuse

Posted by murali > Jul 1, 2016 05:10 PM | Report Abuse X

Hng33 u may not get any excess as u dont hold any mother before Ex Date..u only bought OR from the market. MBSB could be different from Bstead. Let's see...

beso

2,137 posts

Posted by beso > 2016-07-01 17:34 | Report Abuse

if market see the RI is good then very hard to get excess

Posted by powerrangerhuat > 2016-07-01 17:35 | Report Abuse

Murali is ri player, don pray pray hoh, hahaha

murali

5,723 posts

Posted by murali > 2016-07-01 17:37 | Report Abuse

lol...old bird hng33 bear in mind loh..dont get excited too fast...

murali

5,723 posts

Posted by murali > 2016-07-01 17:40 | Report Abuse

U are at No IV....cannot jump Q ah

(iv) finally, for allocation to the renouncee(s)/transferee(s) (if applicable) who have applied for Excess Rights Shares, on a pro rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Shares application.

Peter5151

245 posts

Posted by Peter5151 > 2016-07-01 17:42 | Report Abuse

Hng33, I think murali is right, purchase from open market normally will not get any excess.

murali

5,723 posts

Posted by murali > 2016-07-01 17:44 | Report Abuse

Now u see Hng33 backfired oredi...dont get too excited to attack me lah..check yr facts first...old also can make mistake mah

r°Moi

5,802 posts

Posted by r°Moi > 2016-07-01 17:46 | Report Abuse

Buy OR... hardly the targeted loyal shareholders to be rewarded ... will get excess from the leftover of the leftover only...

murali

5,723 posts

Posted by murali > 2016-07-01 17:50 | Report Abuse

If u apply excess trying to enjoy free OR (sort of) but end up getting nothing and yr money stuck there for weeks with no interest..while u may see mother goreng up during these few weeks...heart painful loh

Back to the very basic question..will MBSB rights laku or not?

Posted by amateur_888 > 2016-07-01 18:02 | Report Abuse

Was busy with work and forgot to sell my OR shares today.

1. What options do I have if i don't want to subscribe to mother shares?
2. If no option but to subscribe, can i use the generic bursa pdf form? I threw the hardcopy mailed form as i did not intend to subscribe earlier.

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