I bought it at 0.814, and I not dare to buy some more. In terms of fundamental, MBSB's revenue has been increased over the years but their net profit wasn't really stable, net losses in some quarter. It was mainly due to poor assets quality, which in layman terms, bad loan. They have one of the highest non-performing loan rate in the industry and that was the reason central bank didn't approve their request to be full-fledged bank. On the other hand, it was very hard for them to compete with tho big banks. Without much economic of scale, they can't accord to give lower pricing to their customer and subsequently lose market share. Therefore, what they can do is take up the poor quality customers, business is business. Im holding the shares, hoping they can solve their problem with AFB, maybe in longterm.
Epf will take care their very own mbsb..failure give them very bad reputation as the care taker of the biggest malaysian fund. That y they are very careful in negotation with others companies...just wait n c. Mbsb may become the biggest islamic bank in malaysia or even in the world...
Posted by WiseVictor > Aug 3, 2016 10:23 AM | Report Abuse X those who wish to play short term, 0.8 to 0.9 target selling price mid/long term can wait for 1 above
Posted by WiseVictor > Aug 5, 2016 04:32 PM | Report Abuse X 0.85 reach my short term target price, I'm selling to free up capital. For those going for long term can try aim for 1 above =)
Look back at this counter after few months, it has reach my target even though i sold long time ago. Just a warm reminder, please look out after RM1. Current boost is mainly caused by goreng type investor.
I do not like to participant in this forum chat but everytime when I am holding some gem and when it start to fly, I actually enjoy looking at how people troll around the thread. See how people say it will "drop like rocket", or "last kick before drop kaw kaw, must sell". Maybe to some amateur who started in this will got "affected" by those words. But my tips of advice, believe in yourself. Make a good risk reward calculation and Yes, it will fly and it MIGHT drop too, but if everything is within your plan, nothing is there to worry or to affect on your trading.- psychology trading.
As for MBSB, it is definitely a very potential stock, like someone said, it has bad loan but it has good potential profit down the road too. For those who buy for the idea that MBSB is gonna be the next islamic bank, then hold tight of your money. From the price now at 1.03, the next immediately ceiling at 1.07 which is very minor. Remember that, RM1.00 is the psychology barrier too, and now it has broken the barrier. The limit is the sky now. Looking at resistance at 1.07 > 1.12 > 1.18. You can decide how to play. Set a stop loss... cheers !
YES,even safe for those buying 1.05.Just take the journey with the price uptrend.From the Technical Price Charts,the breakout of the price had happened.Expected the uptick in price to be sustained.he counter is now very bullish.
May be there will be insider news will follow after a few days rally...same as Airasia. Sometimes before news come out...the rally already run for sometime.
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....
PlsGiveBonus
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Posted by PlsGiveBonus > 2017-01-11 18:36 | Report Abuse
Come on 1.04 this week