Next is to meet the loan provision ratio... MBSB is doing now Q to Q... In fact, most ppl is afraid and scare of the loan provision... Funny.. tat is so positive and in the right direction to meet banking standard..
0.79 is said to be a crucial resistance point. Let's see tomorrow. If it fails to break past, hopefully 0.76 will hold as support. Can wait next week. The more important thing is to build a solid base. So many new units from the rights issue that have to be digested by the market first.
No secret that EPF desire to make MBSB a proper bank and easiest route is to buy an existing bank. Also Hong Leong is selling off its insurance business
He bought in Feb'16 above RM 1. So merely avg down his buying cost.
Posted by TheContrarian > Aug 4, 2016 10:36 PM | Report Abuse Why Chua increase stake from 6% to over 9%? Lots of money because of enlarged share capital
Alrdy fully reinvested back in MBSB, as much as 85% of total capital in portfolio + capitalize again all margin line capital to leverage up power by another 120% , at average cost 76.7 sen yesterday. Now, only awaiting for D day on 8-8-16. Expect to rollover again entire capital in portfolio by at least another 10% growth increment.
Hahaha, I alrdy target mbsb since its OR listing last month ago, later subscribe it's right share + apply excess, till now. Mbsb proved many time as winning stock to portfolio, and through concentrating all capital and capitalize margin line capital to focus on theses winning stock alone, it allow entire total capital in portfolio to growth up significantly :D)
You should power up your portfolio with margin line capital, it can leverage up your entire capital by up to 150%. You only need to pay interest charge to investment bank if opt to pick up stock under margin line capital or alternative quick reap extra profit if opt to realize profit within contra period.
Retail investors have mis-percetion on the loan provision... Tat is good and positive for the company to pave for banking standard.. Along the way for loan provision, the stock will moving in the right direction. The stock will keep trending up along with the loan provision....
hng33.. My entire funds is in cash position for past years,,, now is slowly loading up for equity.. I m hunting for value stocks for portfolio.. Managing a pool of funds tat is not allow for margin... Should keep invested... It is true tat group of investors are start to participate in the mareket...
Retail investors have mis-percetion on the loan provision... Tat is good and positive for the company to pave for banking standard.. Along the way for loan provision, the stock will moving in the right direction. The stock will keep trending up along with the loan provision....
Hng.. u are right, u are smart and ahead of some funds buying into this... There are some funds waiting to buy into this as portfolio after the QR result... Funds need to justify for buying,,, so they are waiting the QR to justify their buy... I see more buying QR...
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....
hng33
20,530 posts
Posted by hng33 > 2016-08-04 16:27 | Report Abuse
Sailang back all capital and margin line to MBSB at 76.5-77sen