Posted by kcfan > 2012-03-22 20:41 | Report Abuse

MBSB: Poised for a technical rebound
 After hitting 52-wk high at RM2.49 on 1 mar, MBSB’s prices corrected
to as low as RM2.20 on 20 Mar before ending 3sen higher at RM2.24
yesterday. MBSB is likely to gain further traction towards RM2.49 if
immediate resistances at 30-d SMA (RM2.29) and mid Bollinger band
(RM2.32) are broken. Strong supports are RM2.16 (61.8% FR) and
RM2.05 (50% FR). Cut loss below RM2.05.
 For cheaper exposure, investors can consider MBSB-WA (expiry in
May 2016), which is only trading at a slight premium of 1.3% against
its mother shares with gearing of 1.76.

Posted by kcfan > 2012-03-26 18:35 | Report Abuse

Fair Value: RM2.50; MBS MK

Personal finance to remain key growth driver. Strict credit processes and continuous efforts to recover legacy NPL. Fair value at RM2.50, assuming 8x FY13 EPS.

Source: HwangDBS Research 26 March 2012

Posted by kcfan > 2012-03-26 22:49 | Report Abuse

放贷架构健全‧专注4大策略‧马屋业盈利料续双位数成长
热股评析 2012-03-26 19:15
（吉隆坡26日讯）马屋业（MBSB，1171，主板金融组）今年首2个月共借出20亿令吉私人贷款，表现领先管理层全年80亿至90亿令吉放贷预期，分析员普遍对该公司积极拓展态度表示赞许，预见业务持续壮大，保住双位数核心盈利成长应不成问题。

Posted by kcfan > 2012-03-26 23:08 | Report Abuse

MBSB to boost Islamic financing segment
 Malaysia Building Society Bhd (MBSB), a financial service provider
targets between RM8b to RM9b in its total financing disbursements
for its Islamic personal financing (PF-i) this year. (Malaysian Reserve)

Posted by Mohd Shuk > 2012-03-28 02:04 | Report Abuse

TERBAIK!!!

Posted by Investwise > 2012-03-28 10:32 | Report Abuse

How come mbsb keep dropping?

Posted by stockist83 > 2012-03-28 18:20 | Report Abuse

It will continue to be under pressure till 13 april, when the warrant expire.

Posted by kcfan > 2012-03-30 20:53 | Report Abuse

The Malaysia Building Society Bhd (MBSB) aims to disburse some RM500 million in loans through its newly launched "MBSB My First Home Scheme" campaign this year.

Read more: MBSB to disburse RM500m via new scheme http://www.btimes.com.my/Current_News/BTIMES/articles/20120330184504/Article/index_html#ixzz1qbWDd4zC

Posted by kcfan > 2012-04-03 07:51 | Report Abuse

went up +0.10 and closed RM2.28. looking forward to a stronger with 1st target RM2.30 and then RM2.36 before reaching RM2.40.

Posted by Waily > 2012-04-03 13:25 | Report Abuse

My TP is RM2.4

Posted by yewkhian > 2012-04-03 23:41 | Report Abuse

Warily: any support for ur TP RM 4 ? Thanks

Posted by kcfan > 2012-04-05 23:05 | Report Abuse

吉隆坡5日讯）马建屋（MBSB，1171，主板金融股）冀望，其2012年的贷款成长将达到15%至20%，这比银行业者平均的高单位数成长预测还高。

马建屋首席执行员拿督阿末再尼奥斯曼表示，该公司原先有意将贷款成长的目标设得更高，但基于目前的经济状况，才将目标定为15%至20%，而该目标仍高于同业。「虽然只有15%至20%的增长，但该增长的数额乃相等于30亿令吉，属健康的成长。」阿末再尼奥斯曼是在股东常年大会后，向记者发表以上看法。

阿末再尼奥斯曼也指出，该公司将持续关注零售业务的发展，并计划在今年内开设10家分行和10家办公室。马建屋预计，每家分行所需的开设成本仅为60万至70万令吉。「开设分行的费用并不会太高，因为只是涉及基本的配备而已。」

Posted by kcfan > 2012-04-06 08:01 | Report Abuse

TALK OF MERGER WITH RHB: MBSB boss has no comments, prefers to focus on lender’s plans and prospects

Read more: RHB merger talk: MBSB says 'leave matters to shareholders' http://www.btimes.com.my/Current_News/BTIMES/articles/MBSB05/Article/index_html#ixzz1rDJbQZlO

Posted by kcfan > 2012-04-07 00:04 | Report Abuse

Malaysia Building Society Bhd has stayed away from fresh market talk about a merger with banking group RHB Capital Bhd. "I have no comments. It is best to leave matters at shareholders' level," said MBSB president and CEO Datuk Ahmad Zaini Othman. Speculation is rife that the Employees Provident Fund, which owns 65.5% of MBSB, is mulling to merge the company with RHB Capital. The EPF owns 44.8% in RHB Capital and is still awaiting approval from the central bank to buy OSK Group's investment banking business. (Business Times)

Posted by kcfan > 2012-04-07 00:06 | Report Abuse

Malaysia Building Society Bhd (MBSB) is trimming its loan growth target to between 15% and 20% this year amidst "domestic operating parameters", said its CEO Datuk Ahmad Zaini Othman. The company earlier set its loan growth target in the range of 20% to 25%. Despite the downward revision, the company's loan growth is still higher than the industry average of below 9% to 10%, said Zaini. Zaini noted that MBSB would focus on personal finance, which will form a large bulk of its retail operation. (Financial Daily)

Posted by kcfan > 2012-04-07 23:14 | Report Abuse

MBSB going to give 7% dividend....heard wil hv MOU wit MARA ths comg April....any comment

Posted by kcfan > 2012-04-07 23:31 | Report Abuse

国内贸易、合作社及消费事务部长宣布：人民银行（BANK RAKYAT）去年净赚20亿令吉，比上一年增加49.5%，派发20%股息。
人民银行不是上市公司，与股市无关。因此，这则新闻相信不会引起投资者的注意，也没有几个人有兴趣阅读。
但是，别的人可以不读，马建屋的股东以及想知道马建屋前景的投资者，却不可不读，因为这是从另一个角度预测马建屋前途的重要资料。
马建屋和人民银行有两个共同点：
第一点，这两个金融机构都不是由国家银行监管。马建屋是由财政部，而人民银行由于是合作社银行，所以，是归国内贸易，合作社及消费人事务部管辖。
该银行的业绩，是由国内贸易、合作社及消费人事务部长拿督斯里依斯迈沙比里公布，原因在此。
第二点，两者都是依靠大量借钱给公务员而取得庞大的盈利。贷给公务员的款额，在两金融机构的总放贷中，占很高的比例。
人民银行的全名为马来西亚人民合作社银行（Bank Kerjasama Rakyat Malaysia），创于1954年，拥有92万4921名个人及1637名合作社股东，个人股东都是合作社社员和公务员。
借款公务员安全放贷
该银行的放贷中，约85%是借给公务员，总额近400亿令吉，该银行去年所取得的20亿令吉净利，主要是来自公务员贷款。
这十多年来，该银行靠借款给公务员，盈利年年上升。
该银行是通过合作社总机构（ANGKASA），直接从公务员的薪金中，按月扣除还款额。
换句话说，先扣除摊还给该银行的款项后，才发薪给公务员。因此，借款给公务员，坏账极低，是最安全的放贷。
马建屋其实在2003年已取得合作社总机构的批准，可以直接从公务员薪金中扣除贷款，但初期并不积极去做，直到3年前，才大力发展这方面的业务，一方面简化放贷手续，一方面降低利息，与人民银行火并，全力以赴，欲分享公务员贷款这块肥肉，结果取得突破，使该公司起死回生。
该公司去年原本计划贷出50亿令吉给公务员，结果超额完成任务，共贷出66亿令吉。
今年该公司乘胜追击，计划贷给公务员80亿令吉，但在今年首两个月已经贷出20亿令吉，今年贷给公务员的款额可能又创纪录。但跟人民银行的400亿令吉相比，仍是小巫见大巫。
该公司到去年杪的178亿令吉总放贷中，贷给公务员的款额约占90亿令吉或50%，今年可能更高。
贷款给公务员的数额大增，使该公司的净利直线上升，由前年的1亿4600万涨至去年的3亿2543万令吉，每股净利由20.85仙增至32.43仙（根据该公司账目）。股息由9仙增至去年的12仙。
投资者不了解市场潜能
要知道马建屋的前途如何，只要看人民银行10年来的盈利表现，就可窥见一斑，因为马建屋所走的，显然就是人民银行的路线。
许多投资者对马建屋作了错误的判断，就因为他们对人民银行缺乏认识，不了解公务员贷款这个市场的潜能有多大。
马建屋实际上是人民银行的缩影，如果目前积极贷款给公务员的策略持续，可能发展成为第二个人民银行。

Posted by kcfan > 2012-04-08 22:45 | Report Abuse

马建屋（MBSB，1171，主板金融股）计划以逾2亿令吉，脱售位于柔佛和双溪毛糯两块地段。
马建屋总执行长拿督阿莫再尼奥曼表示：“我们欲脱售两块位于柔佛和双溪毛糯的地段。目前，我们正与收购者商谈脱售细节，脱售计划仍有待取得法律事务方面的核准

Posted by stockist83 > 2012-04-12 18:44 | Report Abuse

tomorrow is the D-day......

Posted by Mohd Shuk > 2012-04-12 18:51 | Report Abuse

DownTrend La

Posted by Investwise > 2012-04-12 20:52 | Report Abuse

Why it will downtrend?

Posted by Mohd Shuk > 2012-04-12 21:01 | Report Abuse

Investwise I dun knw bro, but i dun like MBSB's current chart! Its dropping since last week, have to wait la until it U-turn Again to uptrend!

Posted by kcfan > 2012-04-14 09:22 | Report Abuse

Malaysia Building Society Bhd (MBSB) plans to open 10 more sales and service centre (SSC) to expand its branch network.

The group recently opened two SSCs in Puchong and Shah Alam, Selangor, bringing the total number of SSCs nationwide to 35. MBSB also has nine representative offices.

"The opening of the two SSCs demonstrates the group's ongoing commitment to increasing its visibility and strengthening its position in the central region, particularly in Selangor," said chairman Tan Sri Abdul Halim Ali in a statement.

Posted by kcfan > 2012-04-15 00:04 | Report Abuse

马建屋（MBSB，1171，主板金融股）日线趋势于4于13日间显现着一段反弹趋势后，闭市时收2.17令吉，按日起4仙或1.88%。它于昨日高开后开始反弹了。
短期间该股料会沿着近期趋势间于2.18-2.33仙间爬升。

Posted by hornetsjet > 2012-04-16 21:08 | Report Abuse

kcfan, u bought a lot MBSB shares?

Posted by yazid7655 > 2012-04-17 16:16 | Report Abuse

MBSB ok ke??

Posted by kcfan > 2012-04-17 21:17 | Report Abuse

下修贷款成长‧马屋业财测不变
热股评析 2012-04-17 19:04
（吉隆坡17日讯）马屋业（MBSB，1171，主板金融组）基于市况和国内营运因素，下调贷款成长目标令分析员意外，惟因分析员早前的贷款成长目标和管理层不相上下，维持净利预测。
售地库料释放逾2亿
此外，该公司预见，脱售双溪毛糯和柔佛地段释放超过2亿令吉。该公司也计划在今年开设更多服务中心，每家成本为70万令吉，同时将专注更多收费收入。
马屋业下修贷款成长目标，从20至25%降低15至20%，惟不预见国家银行“负责任借贷”条例的影响大，主要是该公司已依净收入评估个人财务情况，同时预见公务员的调薪对个人融资业务影响正面。
基于国行早前重申需解决家债问题，兴业质疑，该公司下修贷款预测可能因管理层和国行洽谈后的结果。
无论如何，因兴业早预见该公司今年总贷款成长17%，相等于总贷款和净贷款成长分别达31亿令吉和29亿令吉，符合管理层目标，维持2012至2014财政年净利预测，各为4亿零120万令吉、4亿4千700万令吉和4亿7千970万令吉。
另外，根据双溪毛糯和柔佛地段净账面值9千300万令吉，这项脱售预计带来超过1亿令吉的一次性收益，若该公司的派息率达30%，这将带来额外1%的净回酬。
至于新分行的投资，兴业预见，这将向经常费用施压，但管理层预计，今年成本对收入比由去年21%提高到25%，兴业则预见，成本对收入比走高到23.7%。
兴业予马屋业“符合大市”评级，同时保持目标价2令吉46仙。（星洲日报／财经）

Posted by yazid7655 > 2012-04-18 08:34 | Report Abuse

hurm.....

Posted by yazid7655 > 2012-05-03 12:59 | Report Abuse

MBSB vs BIMB... who will win this challenge??

Posted by NKN1 > 2012-05-08 12:24 | Report Abuse

Not MBSB vs BIMB. MBSB+BIMB sounds better

Posted by kcfan > 2012-05-11 22:59 | Report Abuse

MBSB Group recorded a pre-tax profit of RM110 million for the first quarter of 2012, an increase of 21 per cent compared
to RM91 million in the corresponding period in 2011 and nine per cent over the pre-tax profit of RM101 million for the third quarter of 2011.

This higher pre-tax profit, which contributed to net earnings per share of 6.53 sen and an annualised return on equity of 27 per cent, is mainly due to higher net income from Islamic banking operations via personal financing, and these were partially set off by higher operating expenses returning from higher business volume and higher loan loss impairment due to larger loan base, it said in a statement today.

"Amidst the challenging business environment, MBSB's first quarter results have shown a modest growth rate brought about principally by continued support from our retail customers besides a better net interest margin contribution from
the corporate business," chief executive officer Datuk Ahmad Zaini Othman said in the statement.

He added that the personal financing portfolio continued to grow by 27 per cent in the first quarter. However, asset growth was largely contributed by the retail business especially Personal Financing-i, he said, adding the first quarter saw a slight decrease in margins as a result of lowering of the Group's financing rates.

He said as at March 31 this year, net loan advances and financing stood at RM17.6 billion, a 16 per cent increase compared to RM15.2 billion as at Dec 31 last year.

He also said that the Group continues to receive support from its key retail market, government servants who have been attracted to new packages launched early this year which offer lower financing rates and higher disbursement payouts.

"Income from corporate business has also shown a slight improvement due to an increase in loan disbursements for property development financing," he said.

The Group has also embarked on a new product, Auto Finance, which is currently being offered only in the Klang Valley.

Ahmad Zaini said deposits from customers stood at RM15.2 billion as at March 31 this year, up 12 per cent from RM13.5 billion on Dec 31 last year. -- Bernama

Posted by kcfan > 2012-05-14 21:44 | Report Abuse

馬屋業（MBSB，1171，主板金融組）首季淨利按季挫5.3%至7千940萬令吉，分析員認為其貸款或資產素質健全，非利息收入下挫是暫時的，未來幾季與現財政年淨利展望更佳，多維持淨利預測不變。
貸款或資產素質健全
分析員說，首季業績堪稱強勁成長，非利息收入挫跌屬暫時，主要是受促銷配套衝擊，預測未來幾季貸款成長改善與淨利息賺益增長，有助淨利獲改善。
大馬研究、MIDF研究、興業研究對其淨利預測不變，只有肯納格研究認為淨賺益受壓縮和低於預期利息收入對財測呈風險，因而調低今、明兩財政年淨利預測13%至17%，分別為3億7千600萬令吉與4億5千700萬令吉；該行也預測其收費收入削減3%至11%。
馬屋業首季淨利按年增長16.3%，整體貸款按季揚13.9%，比去年第四季的按季揚0.3%顯著改善；個人貸款為主要驅動力，按季成長27.6%（上季按季揚10.4%），預測2012財政年常年化貸款成長111%，高於預期的20.0%。個人貸款首季也佔總貸款的54.8%，第四季為49.0%。
淨利息賺益按季揚30%至4.26%，高於現財政年預測的4%，前季為3.95%,主要是個人貸款貢獻甚著。非利息收入則按季挫6.7%至2千800萬令吉。超過75%個人貸款業務，來自同儕銀行貸款的再融資計劃。其抵押貸款只按季揚0.2%，企業貸款按季增長1.8%是發放作為產業發展融資，也開始在巴生河流域涉汽車貸款。
總貸款註銷按季稍微改善0.3%至31億2千900萬令吉，註銷率由上季17.6%改善至15.4%。首季新註銷貸款達1億5千零400萬令吉，舊抵押組合的註銷貸款拖欠比率改善，貸款虧損覆蓋也強化至85.1%，上季83.5%。
存款對貸款比按季改善12.1%，貸款對存款比稍微高至133.9%。

Posted by anwkentucky > 2012-05-17 02:34 | Report Abuse

always love big company with high ROE & profit margin :)

Posted by kcfan > 2012-06-01 21:49 | Report Abuse

Malaysia Building Society Bhd (MBSB) signed a debt settlement agreement for RM120m with Twin Pavilion Development Sdn Bhd to revive and complete the partially completed Pantai Plaza project in Bangsar.

Posted by mawilla4 > 2012-06-04 21:40 | Report Abuse

Good for long to medium term invest

Posted by lmf_hau > 2012-06-05 17:17 | Report Abuse

by tommorw ,, Europe or Entire Asia will drop madly again ,,

歐元區5月PMI跌至46 續收縮
16:56 pm
QuamNews

歐元區公佈5月份綜合採購經理指數(PMI)，數據顯示，歐元區PMI終值為46，創2009年6月以來最低，較市場預期及初值的45.9略升，但較4月份的46.7低。PMI低於50，顯示歐元區經濟活動處於收縮狀態。

Posted by Jonathan Keung > 2012-06-05 18:17 | Report Abuse

keep your fingers cross for the G7 meeting. result will out by tonight.

Posted by kcfan > 2012-06-05 21:51 | Report Abuse

maintaining our BUY call as we expect MBSB's sequential performance to be well supported by both its corporate and retail businesses, especially personal financing. Our FV is unchanged at RM2.70, pegged to 2.6x PBV, assuming a 4% growth rate, COE of 11% and ROE of 23.7%.

Posted by kcfan > 2012-06-08 22:42 | Report Abuse

growth stocks
in each of the past few years the results have good growth stocks, such as the the PADINI, MBSB, HARTA and CANONE.

Posted by kcfan > 2012-06-08 22:45 | Report Abuse

Cheap bank and financial
stocks than other large banks, companies, such as MBSB and Affin Bank.

Posted by kcfan > 2012-06-13 23:01 | Report Abuse

MBSB
1st target RM2.40
2nd target RM3.00
Cut loss below RM2.20
Buy on upward continuation above RM2.27

Posted by tansrihew > 2012-06-15 17:06 | Report Abuse

chong: under what circumstances a seller sells its shares at $2.46 when the market is at $2.36. This trend simlar to BIMB when it comes to closing.

Posted by kcfan > 2012-06-15 21:19 | Report Abuse

Appreciate who can share the request from Tansrihew ?

Posted by yazid7655 > 2012-06-18 17:01 | Report Abuse

agree with kcfan

Posted by kcfan > 2012-06-19 21:13 | Report Abuse

MBSB should resume its climb if it can close back above the Mar
high of RM2.42. A purchase can be made if that happens, with a
close below the recent low of RM2.27 as stop-loss. The price target
is RM3.00, with resistance also expected at RM2.80. The stock’s
failure to close above RM2.42 could lead to a return in selling, with
a close below RM2.27 as confirmation. Expect support at RM2.12
and RM2.00.

Posted by slts > 2012-06-20 19:01 | Report Abuse

tomorrow MBSB & W will take out their resistance
Q2 result to be announced in Jul
MBSB always move prior to quarterly result announcement
base on previous trend

Posted by kcfan > 2012-06-20 20:51 | Report Abuse

My 1st target Price RM2.80

Posted by kcfan > 2012-06-23 07:53 | Report Abuse

Current P/E Ratio (ttm) 6.4223
Estimated P/E (12/2012) 8.4116
Earnings Per Share (MYR) (ttm) 0.3628
Est. EPS (MYR) (12/2012) 0.2770
Est. PEG Ratio -
Market Cap (M MYR) 2,869.59
Shares Outstanding (M) 1,231.58
Enterprise Value (M MYR) (ttm) 4,510.28
Enterprise Value/EBITDA (ttm) 5.66
Price/Book (mrq) 2.3321
Price/Sale (ttm) 2.1223
Dividend Indicated Gross Yield 5.1502
Next Earnings Announcement 08/02/2012

Posted by slts > 2012-06-23 14:51 | Report Abuse

cheap stock PE 6x people dont
buy but expensive stock like
BIMB PE 16x they keep chasing higher

Posted by kcfan > 2012-06-26 23:07 | Report Abuse

MBSB is still aiming to disburse a total of RM8.0b of PF-I loans. 1Q's RM2.9b in loan disbursement already made up 36% of its full year target. Hence, we believe its balance sheet expansion story remains intact. The stock's valuation still looks ndemanding at 5.9x PER post-adjustment against its banking peers of 13.0x. It also offers a 2.5% net dividend yield. We maintain our target price at RM2.70 based on a targeted P/BV of 1.6x FY13 BV of RM1.70. Its ROE of 28.1% remains one of the highest for financial stocks.