lol... sorry for laughing....I mean for those who buying bank shares - please understand the banking industry in Malaysia how it work. Based on my experience, Malaysia banking is too huge... or too big... or in other word too competitive. This is why over the last 20 years... a lot of smaller bank can't survive and need merger and being take over. even like MBSB after merger...soon or later he need to merger again...it just matter of time... this is why I brought this shares... and by this value,... is worth...if u dare to hold for another 5 - 7 years.... look at the banking shares...which 1 is lower than RM2.00???
Let don't be too optimistic on TP. Rm1.6 is ok but not rm4. MBSB has some advantage over other banks but at the same time also has a lot of disadvantages..example weak management, staff knowhow, backward systems..etc etc. They need a lot of time to clean up and improve.. 2 to 3 years maybe too short for them... they are not cimb or citi type of ppl.. move much much slower than you think.
Better EPF hires Ken to help mbsb to grow since he knows everthing than epf/kwsp. Ken also helps maybank..rhb..ambank..etc since epf also subtantial shareholder for these bank. Fyi epf own mbsb by 64%..lol
CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH NUZUL AL-QURAN 07 Jun 2017 Bursa Malaysia Berhad and its subsidiaries will be closed on Monday, 12th June 2017, in conjunction with Nuzul Al-Quran.
Bursa Malaysia and its subsidiaries will resume operations on Tuesday, 13th June 2017.
As I said merger is already in the bag. 21st is the submission deadline and not official announcement. It will go up next week maybe to 1.45 but if you wanna reap more profit wait till Aug or sep when bnm make announcement...cheers
If merger is on, Force will bang his head hard against the wall, as he has missed the sailing boat. Even merger is not on, good to buy it as the dividend paid out yearly is all right. Force, beli lah besok, jangan tunggu tunggu. Jangan marah, kawan, gurau saja...ha ha
Slow n steady. Big guys accumulating slowly and not alarming the market, so, 1 cent per day up is clever way....Force, what u waiting for for, beli lah, nanti kesal. Ha ha.
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....
Force
1,418 posts
Posted by Force > 2017-06-09 09:57 | Report Abuse
Too risky now... I wait for merger news out... recently price slowly down ....