Do u know this guy has been promoting this counter for n years ? What target price how much ? I also can say la . When the share drops , den he will say target price more den 1. After 2 years reach 1.50 why not possible . I also can say AirAsia target price 5 . You won't know whether it will happen or not . No analysis ,no justification . Purely full of craps
Look at newbee.. why not you intro some of your stocks? Or you just keep on surveying without purchasing for years?or can't make up your mind with ur deep analysis?
thenewbee... no one on earth can predict the stock market. Even they do, you think they will share it with you. Everyone has their way of expressing themselves. No need to be so harsh. Btw, if i were you, i focus on my studies first lol. Unless you are born with a silver spoon then good for you. Otherwise, your eduation is the key out of proverty not share market. In fact share market dragged people down most of the time. Being a college student, i doubt you have any insider information. I was wondering what you can contribute besides condemning others.
so thenewbee.. the engage your wonderful assessment on shares.. my take on MBSB right now is this...
The MACD is on the positive region. If there is a breakout at 0.92 resistance level, I believe there would be an another higher high upward trend is confirm with the subsequent resistance of 0.95.
Current immediate support is 0.825 with lower subsequent support of 0.77.
This is based on techincal analysis using metastock..
There is nothing wrong to start investing as a student, even a high school student can invest in stocks as long as u are willing to put effort to learn about investment. Aceso at least u are showing something , showing ur skill to prove something , see the stone , what else does he know except promoting the counter with his own tp. This guy is exactly like those who just ask whether they can buy this or that stock or not . Like anakku if u heard of this guy before . Come on , as an investor , at least tell us why the price will go up to that level la.
That's why before saying ppl full of craps.. look into mirror first and have a good look at urself . wanting to know some info but not asking for it nicely. who wanna share info with this newbee? Anything wrong he will blame ur ancestors. I wonder with this kind of attitude how to play share market.
Well, Well everyone have the right to comment but does you all know that ones need to have gut and capital and knowledge of FA and TA. Does ask me what is FA or Ta and if you do not know please do comment other. just be clever and not to be too clever.
A REVIEW AND UPDATING ====================== SEEMS ITS SHARE PRICE HAD BOTTOMED AND CONSOLIDATED WELL . STARTING ITS PRICE UPTREND BASED ON SEVERAL CATALYSTS INCLUDING :- 1) ITS IMPAIRMENT PROGRAMME WHICH HAD REDUCED ITS PROFITS IS NOW ALREADY WELL KNOWN IN THE MARKET AND ITS IMPACT HAD BY NOW ALREADY FACTORED INTO ITS PRICE 2) INVESTORS NOW REALISED THAT ITS PROFITABILITY( ALTHO REDUCED BY ITS IMPAIRMENT) HAD ALREADY TURNED AROUND WITH ITS 2Q PROFITS OF 63M MUCH HIGHER THAN ITS PRECEDING 1Q OF 35M. LIKELY TO SEE INCREASING SEQUENTIAL PROFITS FOR ITS 3Q AND 4Q 3) IN 2013 IT ANNOUNCED ITS 3Q RESULTS ON 22ND OCTOBER AND DECLARED A 5 SEN INTERIM DIVIDEND. AS AT 30/6/2016 ITS BALANCE SHEET CONFIRMED ITS RETAINED EARNINGS OF RM602M. IT CAN AGAIN ANNOUNCE ITS 3Q RESULTS NEXT MONTH AND EASILY DECLARE AN INTERIM DIVIDEND( SINCE ITS RETAINED PROFITS IS HUGE). THIS WILL THEN BE VERY POSITIVE NEWS
MBSB consolidate its financial position (kitchen sinking exercise) with a aim to improve its debt to equity ratio. KWSP has the biggest block of shareholding in MBSB. Chua the master trader together with other GLic has sink in their funds & money into MBSB rights call cum bonus
It's in their interest that MBSB regain thier profitability ( this can only confirmed when the latest Qtr result is released ) the turnaround has gather pace with the completion of the cash (rights call ) . now the final part is their performance.
KWSP has indicated in the past that MBSB will be sold or merge with other Banking consortium ( in-line with BNM policy direction ) at the right price. KWSP has put in alot of their funds and they are not letting MBSB go on a song.
RHB -MBSB merger failed to take off because of regulatory issue on MBSB operations. Looking at islamic banks side of it ( MBSB ) is getting a far share of suitors. this is how i view MBSB personally
RHB -MBSB merger failed to take off because of asset quality issues. If MBSB followed the guidelines of BNM as regards NPL, then it is not worth the price it intended to sell to RHB. It would have a large asset impairment. Hence they called a rights issue now to remedy this.
ITS IMPAIRMENT PROGRAMME IS NOW WELL KNOWN FACT ACCEPTED BY INVESTORS THAT IT A TEMPORARY NECESSITY BUT WILL BECOME A LONGER TERM POSITIVE AS IT WILL ENHANCE ITS ASSET QUALITY AND STRENGTHEN ITS FUNDAMENTALS
MBSB CAN ALWAYS OPT TO OBTAIN ITS OWN ISLAMIC BANKING LICENCE. RAISING ITS ASSET QUALITY STANDARD IS THE RIGHT STEP IN THIS DIRECTION
MBSB STILL REMAINS GOOD FINANCIAL ARMS COMPARES TO MAYBANK , CIMB AND RHB WHERE THEY ARE CLOSING SOME OF THEIR BRANCHES. OTHERS BANK SHOULD LOOK INTO HOW MBSB DOING THEIR BUSINESS. THEY ARE NOT BANK WHY THEY CAN DO BUSINESS LIKE LOANS AND ETC... THAT'S THE KEY. MBSB HAVE MINIMAL RISKS OF MAKING LOSS COMPARE TO OTHER BANKS PUT THAT IN MIND. GOOD LUCK.
BIG COST ADVANTAGES WHEN BECOME A LICENSED ISLAMIC OR COMMERCIAL BANK AS IT WILL THEN BE ABLE TO ACCESS MUCH CHEAPER FUNDS FROM THE INTERBANK MARKETS. ITS PROFITABILITY WILL THEN INCREASE DUE TO LOWER COSTS AND THEREFORE BIGGER SPREADS Eg. Look at Bank Islam (share price is now 4.03)
Jonathan keung, u r right big volume park to sell today. Unlikely to have such a big buyer but tml hope will have less seller then mbsb will hit 0.9x and above
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....
stonenut2
838 posts
Posted by stonenut2 > 2016-09-03 09:04 | Report Abuse
Sure will fly. Retouch 1.40 region...
Don't believe? Wait for it to touch there...
insider news.... explosive mode soon...