Posted by Abudance > 2013-09-03 16:16 | Report Abuse

Skyu, cost of petrol goes up ... All consumer goods goes up! Many will default. As it is, have u noticed that your tenaga bill also has this dubious extra charges? 60 % plus of our Malaysians are into credit card debt. No money.. Possibly more crimes.
On top of this, August - October usually stock market usually slow
To top the cherry on the cake ... Potential Syria war. Egypt civil unrest and brazil also!
So hang in to money till after October ... U get cheap sales. Where there are crisis .. There are opportunities

Posted by skyu > 2013-09-03 17:09 | Report Abuse

But, mbsb is different from commercial bank, which they auto deduct from wages from government servant. Yes, inflation sure up. That is the wonder in stock market, when everyone fear, you need to have the courage.

Posted by skyu > 2013-09-03 17:15 | Report Abuse

I am not sure what is the rational price of mbsb. But, i am sure there are few good things and advantage of mbsb. 1. Our nation has the highest number of government servant. 2. Housing price and car price eat up most of the disposable income, thus, the easiest way to get more cash is from loan. 3. With epf cash assets up to 100 billion, we will not know how they will get around with mbsb, since they are major shareholdr.

Posted by AlexisAAX > 2013-09-03 17:46 | Report Abuse

Dear skyu, after the FSA (financial services act) kicked off early july, this act has overcome the BAFIA which controlled by BNM for all financial institutions in Malaysia. Therefore, once the FSA in, mbsb and all cooperative is tight up with this act and compulsary to follow BNM guidelines. For personal loan, mbsb has to go through CTOS and CCRIS to evaluate the customer, and fyi most all governmnt servant has a bad credit record. Previously, mbsb didnt look at outside commiment, as long still have extra blance in payslip not exceed 80% pay they will approve the loan. And now is very tough for mbsb. From 10 cases submitted only 1 approved. And the 1 approved may less than 20k loan. Next week will have their board meeting, and lets see whats new product to cater the market. If they open their personal loan to the mass market/private sector they really have to deal with non performing loan and high jobless rate which is not good or them.

Posted by skyu > 2013-09-03 19:16 | Report Abuse

Ok, alexis. Seems like u are one of the mbsb insider? Kidding. Thanks for the info and knowledge.

Posted by heeroo > 2013-09-03 22:12 | Report Abuse

Now tenure 10yrs.. maybe can revise to 15yrs.. BNM yoyo.

Posted by skyu > 2013-09-04 14:46 | Report Abuse

Seems like it is in a downtrend, next support at 2.56.

Posted by Abudance > 2013-09-04 20:18 | Report Abuse

Waiting to buy also... Hopefully can get about rm2

Posted by heeroo > 2013-09-04 22:54 | Report Abuse

Why rm2?? So bad mbsb? Company losses? No dividend? Banking sector bearish? Bad Management team? Billion revenue drop to million? Operating expenses high jump?

Posted by heeroo > 2013-09-04 23:00 | Report Abuse

Everybody are not happy when mbsb share prices hit RM3.23? Why coz NPL increase from 6 months to 3 months? Why rm2? Base on what formula?

Posted by null > 2013-09-04 23:28 | Report Abuse

Interim Dividend?

Posted by Zhiyi Seng > 2013-09-04 23:28 | Report Abuse

epf wont let mbsb drop until that level

Posted by skyu > 2013-09-05 10:08 | Report Abuse

Malaysia market, everything is possible. Even 1.50 is possible.

Posted by skyu > 2013-09-05 10:09 | Report Abuse

Banking, especially the small scale like mbsb indeed in bearish mode since bnm implement many new rules.

Posted by Kutty123 > 2013-09-05 11:06 | Report Abuse

better drop to 1.5, let me buy mah..good luck

Posted by chinjh89 > 2013-09-05 11:52 | Report Abuse

waiting interim dividend.....

Posted by mm310 > 2013-09-05 11:56 | Report Abuse

when is the interim div?

Posted by skyu > 2013-09-05 12:33 | Report Abuse

Since when they announce div? Last q results on july.

Posted by mmtalents > 2013-09-05 12:48 | Report Abuse

wont have much dividend from mbsb in future, they could introduce reinvest scheme as they need to boost up their capital as required by the FSA.

Posted by skyu > 2013-09-05 14:36 | Report Abuse

finished story for mbsb. was monitoring to get a good entry point, but, i think it will stagnant between 2.5 to 2.75. so, still downtrend to go.

i will divert my attention to other sector.

Posted by Kutty123 > 2013-09-09 10:40 | Report Abuse

hopeless?

Posted by skyu > 2013-09-09 19:21 | Report Abuse

No kick at all. Index up 18 points, Mbsb is lagging far behind.

Posted by heeroo > 2013-09-09 21:30 | Report Abuse

EPF & PNB will start from behind.. dun miss a chance to buy @ 2.75-2.85.

Posted by Abudance > 2013-09-10 00:02 | Report Abuse

Likely drop more. Maybe 2,50?

Posted by Kutty123 > 2013-09-10 09:08 | Report Abuse

ada hope lagi for this stock?

Posted by heeroo > 2013-09-10 09:42 | Report Abuse

No hope to buy cheaper anymore..

Posted by Abudance > 2013-09-10 10:20 | Report Abuse

Sure have hope to buy lower .. After tapering announcement!

Posted by Kutty123 > 2013-09-10 17:34 | Report Abuse

us will print more $

Posted by member41 > 2013-09-10 17:36 | Report Abuse

Fed should taper and be done with it.. waiting is a drag

Posted by heeroo > 2013-09-10 20:19 | Report Abuse

PM Najib announce 160billion budget to improve railway until 2020.. MBSB..Gamuda..MMC..YTL will benefit from that announce??

Posted by mm310 > 2013-09-10 20:23 | Report Abuse

why mbsb will be benefited from the 160b budget announcement?

Posted by jepun_77 > 2013-09-11 09:13 | Report Abuse

see whether they gonna break 2.9 diz week....

Posted by margaret ko > 2013-09-12 17:53 | Report Abuse

cannot be

Posted by heeroo > 2013-09-12 18:50 | Report Abuse

Why cannot be? Next week 2.90

Posted by jepun_77 > 2013-09-13 16:31 | Report Abuse

got news @heeroo ????

Posted by Kutty123 > 2013-09-13 16:38 | Report Abuse

coming?

Posted by heeroo > 2013-09-13 18:22 | Report Abuse

Good news will coming juz wait.

Posted by apprentice > 2013-09-13 18:42 | Report Abuse

What good news? Najib has turned down request from Angkasa and Ceupacs to extend tenure to 15 yrs. Najib says policy stays, govt servants must live within budget.

Posted by heeroo > 2013-09-16 10:58 | Report Abuse

I heard management will announce good news.. juz wait.. recovery plan for Pfi.. still can monopoly market.. now price too far from TP.. good to buy since market was recovery..

Posted by heeroo > 2013-09-16 18:12 | Report Abuse

Go go mbsb.. back to $3 this week..

Posted by prc4wifefe > 2013-09-16 20:13 | Report Abuse

Got taper....bank hardest hit...difficult reach 2.9

Posted by heeroo > 2013-09-16 23:34 | Report Abuse

+ 0.06 to hit 2.90.. Last week close @ 2.84.. boleh kena.. :-)

Posted by Abudance > 2013-09-16 23:56 | Report Abuse

Heroo... U must be having A lot of mbsb shares to keep promoting it!

Posted by heeroo > 2013-09-17 00:35 | Report Abuse

4 years top 3 in finance sector for top growth profit.. so this company must stay above $3. Good track record for the past 4 years.. so share price must back to $3.. :-)

Posted by tjhldg > 2013-09-17 00:52 | Report Abuse

habis cerita

Posted by jepun_77 > 2013-09-17 09:49 | Report Abuse

hope to hear good news @ heeroo ..kasi kena!!

Posted by nicole76 > 2013-09-17 17:22 | Report Abuse

Looks like down trend going to hit 2.50 to 2.60 again....

Posted by skyu > 2013-09-17 19:12 | Report Abuse

Looks like quite stable at 2.80 to me instead.

Posted by alexisvics > 2013-09-17 21:04 | Report Abuse

Most of this company customers are governments servants. Loan are paid through auto salary deduction. So bad debts is never a problem.When loan tenure changed frm 20 years to 10 years does not mean that people stop to loan. So, if drop again, good chance to buy some more.

Posted by heeroo > 2013-09-17 21:26 | Report Abuse

Redemption also lower.. because customer can't easily overlap the loans.. so I think interest income still maintain.. hope management can open personal loan to DBKL.. Majlis.. Listed company in Main Board.. sure like hot goreng pisang.. NPL (secure back with guarantor for private sector)..