MBSB upcoming Q2 result to be release on 8-8-16, will record undiluted share earning, therefore, EPS is alike double increase profit if based on current open market price which alrdy account for full diluted 1 for 1 right share volume.
These Q result will be awaited next 'catalyst' to lock profit on strength
fundamentally... very good buy..very good value at 0.71.. the right issue cash make up almost 0.40cents of the current price of 0.71cents... amanzing!!!!
MBSB is in the right directiron by cleaning the book now in order to bright it to the banking stardard by providing more loan provision over 2016 and 2017.. This will pave the way for future merge or becoming a bank.. At this current price and the direction of MBSB, it seem a good MID TERM investment...
There is likely for another BR cut. Bank also likely to see reduction in the earning for near future. Property and Automotive sections are also slow down. It is difficult to generate good income hence good profit. There is also worry of NPL increase due to economy slow down.
We wish to inform that Malaysia Building Society Berhad ("MBSB") has scheduled to release its' financial results for the second quarter ended 30th June 2016 on Monday, 8th August 2016 in accordance with Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Dun raise your hope that the quarter results will be flowery at current economy situation since beginning of the year 2016. The share price will likely be under pressure after the release.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
PenguinDad
1,729 posts
Posted by PenguinDad > 2016-07-29 11:44 | Report Abuse
Forgotten by CMY!