I still cannot figure-out how TP can reach 2.00-3.00 yet....During the biggest Bank merger in 2015 (failed) MBSB was traded at peak 1.55....Epf was trying to inject mbsb into the merger without mbsb books been check (sound ridiculous but malaysia boleh ) Based on 2Q16 results profit is down 26% yoy so adjusted price should be 0.81 cents.....I think that is reason why sell off yesterday and today Unless Datuk Chua got some inside info, i think 0.80 is still reasonable given reduced opr ( noted home sales is not going up so soon )
Huge potential when they transform to full Islamic bank ..... EPF Shariah Fund have only Bank Islam, Bank Muamalat and MBSB in the banking universe to position.
Sound interesting 3 Islamic Bank....Let them confirmed combined first, then talk....Indonesia always feel Malaysia wants to steal their market shares......actually Indo..is hostile to us, they will kick up alot dust for small matter......People told me it is bcoz our police and immigration always pick on Indonesians
I have been in and out of MBSB for many years. I do not take their right issues. I believe in the potential , Islamic license, better profit, growth etc. This is long long term. For now, it is correction. Big Boys will buy later. I do not see their support today.
Actually, yesterday high close is a trap. For those owners of 70 to 80 sens is ok. For 90 sen buyers, no profits, no big dinners tonight. Big Boys are gone as predicted. Do not say bad words.
no more show today.... already up 20sen from 70sen to 90sen..... sure need do the correction...... tomorrow maybe can go back 90sen above....depend on today closing....... if today U-turn back to green then tomorrow continue break RM1..... good luck and hope every one earn money :)
Icon8 i dont think anyone can answer you that unless they have insider information. One thing I realized in stock trading in Malaysia... urrmm is more to speculative in nature and like what jjchan others say as well. big boys dictate the pricing based on their agenda at hand. Unlike NYSE and LSE which I do play as well. They are more logical like what you are thinking. NYSE and LSE is fun in terms of you can analyze and decide. Malaysia lol.. nuts.. for example i got burnt with vivocom abit. despite all their projects, the stock dive...zzzz
Yes..I think 1.10 (year end) more reasonable....2.0-3.0 after they combined all 3 Banks and with some serious Hype, it can go much further Up then again you need a very long neck
tomyanggong, side bet? lol.. i think will close green. they are forcing those small fish to sell at lower price today. I hope im right... if not well no dinner tonight.. for one day.. can puasa still..haha
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
erkongseng
3,192 posts
Posted by erkongseng > 2016-08-09 10:16 | Report Abuse
mbsb 0.89 buy back