as expected the provision would be lower for every quarter and by year end, their quarterly profit would go back to normalcy. Next year, expect some writebacks, which will increase their profit some more. expect gap up tomorrow.
Need to be fair to MBSB mgmt/CEO. Merger is like married. You cant really force the girl to marry you. However with new major shareholder (CMY) involvement, hope the merger is on..
Thank you, luckyG, i added at 1.29, is that what you sold? Result show mbsb is moving in the right track, evem without bank license, mbsb will still get back to his glory days
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....
dxmovie
85 posts
Posted by dxmovie > 2017-05-24 19:51 | Report Abuse
Merger is next!