next year, you will never afford to own MBSBIBM at 1.28.....mind my word especially that young boy YING CHAI> put another bet of 50,000 if you dare again. you have lose to me once.
very funny one i find, when the share got good news they want it to go down, when no news they want it to go up.. if u find the share is no good then don't buy, don't disturb other. if u find is good then just keep..
Yippy68, is the banking license in hand now? the answer is not yet. Everything is still in progress and the uncertatinty is there. Who knows maybe AFB dun want to sell in the last minute? Approval obtained from BNM doesnt meant anything ok. Dun mislead others....Please be more ethical.....Share price show down trend this is fact. Even 2 so called good news released but still unable to move the price up. Please face the reality.......
thurston, how low? 1.25, 1.20, 1.15 or 1.05. You keep on saying to collect now. Bear in mind, low can be lower, small shareholders will get stuck with your statement. If i buy now at 1.28, one week later drop to 1.25 and 2 weeks later drop to 1.20. Lets see who is beneficted?Buy this share when everything is confirm and finalised. 1.28 is very high price and the real value of this stock only worth 1.05. Bear in mind, the managment have to fork up billions of ringgit to buy the system, open new branches, ATM machine and etc. Where to get the money? The investment gonna take how many years? Please be more realistic, all these are initial outlay cost. 1 ATM machine cost RM80K , try to ask youself how many ATM machine MBSB gonna buy?
2. Online banking system, worth millions of ringgit ok. How to recover within short period of time.
3. Opening new branches, the renovation and set up cost is easily RM800K for 1 branch. Try to calculate how much money gonna pump in?
4.Training cost, how many courses have to arrange for their staff?
Dun mislead others, buy now i pay the premium price for a dream. (night mare prehaps) I comment so much as i dun want small shareholders stuck their money or lose money in this counter.
Think carefully, why 2 goods news unable to boost the price up? The share price low can be lower. i remain my TP for MBSB @ RM1.05.......Take it or leave it....
I think BB will start to collect @ 1.05, definitely not now. Some even said thet the called off merger of RHB and AmBank will be a good news to MBSB. The share price movement today speak a thousand words....Koyak means koyak. RM1.05 is the maximum value for MBSB based on current scenario. Banking license doesnt meant anything. The ability to implement the plan and execute the plan is the key element.....I give you 10 banking license but you cant perform or takes years to perform is equivalent to ZERO.....
If i am syndicate, i wil keep spreading the news and ask ppl to sapu now. Then i will buy back later at lower price....haha....Kantoilah thurston......
yingchai, everyone has his/her own price that he/she thinks it is worth to buy.
Your TP 1.05 is a bit low i think.
To me, 1.28 now is reasonable price before signing with AFB. I think it won't go down to 1.05 unless the deal is cancelled. However, if the deal is on, it will fly .... i believe a banking license really worth a lot.
Agree with you that MBSB needs to invest a lot if got banking license. To me, invest and expanding is a good thing for future revenue and profit.
Agree with yingchai with next year the cost for bank is quite high. If this year impairment finish, next year still got the cost for the bank. So the EPS could be same with this year.
But very funny with your word with "Who knows maybe AFB dun want to sell in the last minute? " Do you think before u speak?
Not possible that 2 good news released but price stangnat at 1.27 or even lower than 1.33(when they announced the application submitted to BNM in June). But now is possible. G-Boy please face the reality and fact. BB left this counter d. They will definitely come back to this counter but not now....1.05 is the right price to enter. Mark my words.....
Yippy68, please check my history, i said merger failed i didnt said BNM wont approve the deal ok.....Merger and BNM approval is 2 different things...May i know how old are you Yippy68? U talked like secondary school boys...
Still long way to go for MBSB for the merger. The BNM approval just a starting journey for MBSB to talk for the next stage. Anything can happned now ok....
Fellow i3s, not easy to get banking licensing u know....why argue about MBSB prospects just because the price didn't move much? Be rational people. Need time to feed-on MBSB.
The approval just only. Need time to digest lah.
MBSB able to support around 1.25 abv is good and it keeps the punters far far away.
I cannot agree more....childishness and personal attacks will not lead one anywhere. We all trade at our own risk. There are long and short term investors here, hence there is no reason why one gets hammered for investing in a portfolio he or she believes.
Previously range bound between 1.20 to 1.25...Now range bound between 1.26 to 1.30 okay ma..my two cents opinion..Banking stock slow moving not like ACE stocks..that we have to endure if want to invest in MBSB.
The approval was given by MOF, basically the PM. Now waiting for the definitive agreement to be signed, hopefully by this week. There is no playing a fool here. Once inked, MBSB will become the 2nd largest Islamic bank in the country, after BIMB. Take note.
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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....
RedEagle
3,194 posts
Posted by RedEagle > 2017-08-23 08:37 | Report Abuse
Panic sell today? Why?