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.

22,742 comment(s). Last comment by Yippy68 11 hours ago

setia2u

971 posts

Posted by setia2u > 2016-07-27 10:06 | Report Abuse

Haha ... I better sell now, people curi-curi jual already ...

Fly888888

443 posts

Posted by Fly888888 > 2016-07-27 13:13 | Report Abuse

mandi , mandi ...

Woo John

552 posts

Posted by Woo John > 2016-07-27 16:43 | Report Abuse

RUN.........

setia2u

971 posts

Posted by setia2u > 2016-07-27 21:01 | Report Abuse

Come Friday, 29th July the real selling pressure will emerge! Below 70.0 sen?

Posted by buddyinvest > 2016-07-27 21:14 | Report Abuse

Que buy 0.50

chsquare

29 posts

Posted by chsquare > 2016-07-27 22:15 | Report Abuse

i bought OR, should i flee now?:(

firehawk

4,783 posts

Posted by firehawk > 2016-07-28 09:40 | Report Abuse

u still hold OR?

smartly

6,442 posts

Posted by smartly > 2016-07-28 09:49 | Report Abuse

if mbsb settle at 71c, i think still got profit for those subscribed OR. tomorrow can start selling for some small profit.
those got 'access' can reap more profit.

chsquare

29 posts

Posted by chsquare > 2016-07-28 09:54 | Report Abuse

yes i still hold T.T waiting for a miracle or just cut loss..

Loy Loy

396 posts

Posted by Loy Loy > 2016-07-28 09:56 | Report Abuse

tomorrow there might be a scramble to sell MBSB, not every OR subscriber will be able to reap in the profit....however it is a good time to sit on the fence to look out for cheap scoop.

hng33

20,530 posts

Posted by hng33 > 2016-07-28 09:58 | Report Abuse

wowwww.....just received call from investment bank told alrdy get more than my initial expected excess lot.......

hng33

20,530 posts

Posted by hng33 > 2016-07-28 09:59 | Report Abuse

anyone here apply excess lot?????

murali

5,723 posts

Posted by murali > 2016-07-28 10:01 | Report Abuse

More than 20% ah?

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:02 | Report Abuse

hahahhaa, with excess lot, my average cost on MBSB now less than 68sen alrdy.

Loy Loy

396 posts

Posted by Loy Loy > 2016-07-28 10:02 | Report Abuse

more getting excess lot meaning more selling for quick profits.....there will be some that will sell first and buy back at lower price hence putting intensity into the selling....how low will it go?

murali

5,723 posts

Posted by murali > 2016-07-28 10:02 | Report Abuse

Others pls update yr result on excess application tmr.TQ

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:02 | Report Abuse

Yes, excess rate is more than 23+%

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:04 | Report Abuse

Investment bank allow to sell first before official listing tomorrow

murali

5,723 posts

Posted by murali > 2016-07-28 10:11 | Report Abuse

Posted by hng33 > Jul 26, 2016 03:54 PM | Report Abuse

I still awaiting reply from investment about my excess application status.....my ratio on application is (55 right: 10 excess). i think need to wait till tomorrow for them to get back to me.

Posted by hng33 > Jul 28, 2016 10:02 AM | Report Abuse

hahahhaa, with excess lot, my average cost on MBSB now less than 68sen alrdy.

Posted by hng33 > Jul 28, 2016 10:02 AM | Report Abuse

Yes, excess rate is more than 23+%

Dude, I couldnt get yr average cost RM0.68 leh...

Yr cost of 55 Rights @RM0.115+RM0.59= RM0.705 = 38.775
Even all yr 10 Excess got 100% @ RM0.59= 5.90
Average 44.675 / 65= 0.687...

But u only get 23%+...

Correct me if I am wrong...

murali

5,723 posts

Posted by murali > 2016-07-28 10:12 | Report Abuse

U earlier mentioned that u bought back OR at RM0.115 before market closed on last trading day....

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:16 | Report Abuse

My cost on OR is 9.3sen, as i sold average 11.7+sen sen first and bought back 11.5sen at last minute in the last day of trading, so, exclude intraday profit and account only initial cost

murali

5,723 posts

Posted by murali > 2016-07-28 10:16 | Report Abuse

Hmmm..................anyway we shall wait for other to update on their excess results...good luck to u all

murali

5,723 posts

Posted by murali > 2016-07-28 10:19 | Report Abuse

If what u said is true, yr cost of new shares is 0.093 (after contra profit on yr trades etc)+ 0.59=0.683

Then yr 27% excess granted only managed to help u to reduce yr average cost to RM0.68...by 0.003?

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:24 | Report Abuse

Yes, other should update their excess status here, so that next time, adopt strategy to further improve success rate better.

I just wonder if any here adopt like bought 6,000 lot of MBSB, but sell 5,000 lot, just retain 1,000 lot MBSB before ex-right, then bought back additions OR from open market 5,000 lot on top of entitlement of 1.000 OR + apply excess lot 5,000 lots. These strategy is to retain minimum lot to qualify as priority group in order to entitle maximum excess lot.

Then, what will be success rate !!??

murali

5,723 posts

Posted by murali > 2016-07-28 10:25 | Report Abuse

MBSB mother is 0.705 n yr margin of safety is only 0.025, after all the troublesome and healthy discussion with me here...

I decided not to subscribe any OR. Instead i bought mother at RM0.71-0.72 n sold for 0.06-0.07 cents gain.

Now u know the reason.

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:27 | Report Abuse

troublesome !!?? to get 12 month FD return 3.5% in less a month!!??

value_invest

1,138 posts

Posted by value_invest > 2016-07-28 10:28 | Report Abuse

people start selling today....

murali

5,723 posts

Posted by murali > 2016-07-28 10:28 | Report Abuse

But u can earn more if u do it my way.....10% in 2 weeks time...dont have to buy stamp hasil,courier etc

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:29 | Report Abuse

As told earlier, MBSB next quarter result to be release 8 Ag will give 'GOOD' but 'MISLEADING' earning.....MBSB will record profit without take into account dilution share volume, but share price in the open market alrdy diluted.....

therefore will give 'fake impression' to market that MBSB EPS is alike double surge in EPS as market alrdy price in MBSB base on 1 for 1 right share dilution but upcoming EPS still record result based on last 3 month undiluted share base volume

In short, these fake impression of MBSB earning may mislead market or thought MBSB EPS is good compared to current market share price.....it may prompt market to react POSITIVELY...then, perhaps it only ripe time to take profit for right share subscriber.

I target for at least 10% return or about 75sen, to meet my desire return :D)

murali

5,723 posts

Posted by murali > 2016-07-28 10:29 | Report Abuse

6-7 cents in 2 weeks...while yr 2.5 cents may not even sustain comes tmr...

value_invest

1,138 posts

Posted by value_invest > 2016-07-28 10:29 | Report Abuse

I was told by my banker that there is possibility the listing date being delay, e.g TSRCAP few month back... RIGHT ISSUE listing date dely.. possible?

wesleykoon

107 posts

Posted by wesleykoon > 2016-07-28 10:29 | Report Abuse

hng33, you expecting a good result for next week? I got no idea how they going to push the price up..

murali

5,723 posts

Posted by murali > 2016-07-28 10:30 | Report Abuse

So at least can say that I am not negative minded etc..I am realistic and it's proven too

murali

5,723 posts

Posted by murali > 2016-07-28 10:32 | Report Abuse

Having said so it's just individual short term trading method..my long term outlook on MBSB is positive...but will be happier if can buy lower

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:32 | Report Abuse

wesleykoon

Yup, i expect share price to rebound next few day once right share listing tomorrow, and the D-day will be coming 8-8-16, the Q result release as it will give 'GOOD' but 'MISLEADING' earning.....MBSB will record profit without take into account dilution share volume, but share price in the open market alrdy diluted.....impression is alike 'double profit EPS'

cyeec2000

994 posts

Posted by cyeec2000 > 2016-07-28 10:35 | Report Abuse

I think in short term, their profit is needed to be used to write off impairment loan..its not likely the EPS will shoot up..

cyeec2000

994 posts

Posted by cyeec2000 > 2016-07-28 10:35 | Report Abuse

In next quarter

murali

5,723 posts

Posted by murali > 2016-07-28 10:40 | Report Abuse

If u hentam 55OR + 55 Excess (instead of 10 only) then can see more meat lah.....I thought u would really hentam excess kuat kuat as it's free n u r believed demand is not good..what a waste 27% is damn good

value_invest

1,138 posts

Posted by value_invest > 2016-07-28 10:40 | Report Abuse

By looking at the data, there are not HUGE over supply shares, those who can profit by selling at the current price of 0.70, eg who bought OR. ONLY those got the EXCESS at 0.59 can make profit.. EXECESS available on RM100mil shares... NOT A BIG concern,,,

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:42 | Report Abuse

Its prove that excess lot is viable strategy to lower cost, increase margin with minimum risk + it also prove that sell ahead while share on strength at 78-79sen to lock profit last 2 week ago is viable strategy rather than those so-call negative minded tag 'peanut' or 'regret' which prove is nuisance

value_invest

1,138 posts

Posted by value_invest > 2016-07-28 10:42 | Report Abuse

Market can easily absorb the 100 mil excess shares.. not a big concern,,,

wesleykoon

107 posts

Posted by wesleykoon > 2016-07-28 10:44 | Report Abuse

hng33, Today also keep dropping, not sure tomorrow will continue to drop or not = =

hng33

20,530 posts

Posted by hng33 > 2016-07-28 10:48 | Report Abuse

wesleykoon

Its normal, due to supply vs demand....Share price is dynamic, the supply is increase by 100% due to right share. It will take few day to stabilize. Once share price hit hard rock bottom, it will stabilize, then awaiting for catalyst to rebound. Quarter result release on 8-8-16 will be awaited catalyst

hng33

20,530 posts

Posted by hng33 > 2016-07-28 11:45 | Report Abuse

I expect MBSB should have floor strong support at 70sen after right listing.

cyeec2000

994 posts

Posted by cyeec2000 > 2016-07-28 13:18 | Report Abuse

Right share is going to be listed on tomorrow,is not after next month quarter results..Investment decision will be made based on facts not the speculative.

value_invest

1,138 posts

Posted by value_invest > 2016-07-28 14:15 | Report Abuse

confirmed Listing tomorrow... selling pressure coming this afternoon...

setia2u

971 posts

Posted by setia2u > 2016-07-28 14:52 | Report Abuse

Haha.... I got good amount of excess, my average cost now only 66.3 sen, beautiful.

hng33

20,530 posts

Posted by hng33 > 2016-07-28 14:58 | Report Abuse

setia2u

Well done!!

setia2u

971 posts

Posted by setia2u > 2016-07-28 15:19 | Report Abuse

Thanks hng33.

setia2u

971 posts

Posted by setia2u > 2016-07-28 15:20 | Report Abuse

Will use the refund money to buy more if the price attractive enough.

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