Posted by heeroo > 2013-10-12 07:53 | Report Abuse

Wait for dividend 1st.. budget 2014 25/10..

Posted by Superb99 > 2013-10-12 08:52 | Report Abuse

the price so yoyo....higj 2.96 then dropped to 2.84...crazy
.

Posted by chang0509 > 2013-10-12 23:42 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/38449.jsp

Posted by member41 > 2013-10-13 21:17 | Report Abuse

Kenanga call 3.40???

Posted by heeroo > 2013-10-14 08:12 | Report Abuse

Gud morning.. hot stock now no 2.. why? Any good news?

Posted by Kutty123 > 2013-10-14 09:07 | Report Abuse

hopefully is good news instead of bad news

Posted by Kutty123 > 2013-10-14 10:28 | Report Abuse

price is ZzzzZZZzzz..but list as hot stock..

Posted by Funtrade > 2013-10-14 18:40 | Report Abuse

闲谈mbsb 《附加股=阴谋论（合拼）+转型=符合fsa条例…》
也意味着mbsb一步一步迈向100亿市值

（好久没闲谈mbsb）
原因
1）最令人瞩目的第三季报告还未出炉
2）国家银行打压个人贷款，贷款期限缩小至10年，mbsb的吸引力大不如前

但是在前两天mbsb提议附加股筹资14.7亿
10亿用来扩大业务范围，其余的用于购入金融商品以符合国家银行要求

～～～～～～～～～～～～～～～～～～～～～～～

看法1：（附加股是否意味着EPF开始为rhbcap和mbsb合拼铺路呢？）
在这次附加股当中，作为大股东的EPF 将会全额认购附加股，注资9.7亿
9.7亿可不是小数目，那意味着epf非常看好mbsb的未来
mbsb 目前市值50亿，持有64%mbsb的epf要私有化mbsb，基本上只需要18亿，
以目前看来，mbsb被私有化的机率非常低，合拼机率相对浓厚

早期rhbcap与osk 以及mestika 商谈收购合拼，所以rhbcap和mbsb的合拼迟迟没下落
目前rhbcap和osk及mestika的合拼已接近尾声
那是否意味着接下来，rhbcap 即将合拼mbsb呢？

～～～～～～～～～～～～～～～～～～～～～～～

看法2：为何是合拼而不是私有化呢？
**（fsa最新条例，限制投资机构不可持有一家银行股权超过50%）
epf持有64%mbsb，同时epf持有rhbcap 41%，诺要符合fsa，epf可要减持mbsb
osk持有rhbcap 9.89%，另个大股东（arab 银行）持有20%rhbcap
个人认为，epf高价合拼osk是为了降低rhbcap持股%，以为往后mbsb合拼铺路
诺epf有意把自己在rhbcap的持股%提高至50%，势必高价合拼mbsb
epf选择不多，（也只有一个方法：那就是合拼）
个人估计mbsb合拼市值：100亿，rhbcap合拼市值：200亿
那样一来，epf即将持有50%新的合拼公司
整体来说，合拼最大的受益对象是epf，除了能提高自己在rhbcap的持股%，也能使epf无需减持mbsb%，可说是一箭双雕

～～～～～～～～～～～～～～～～～～～～～～～

看法3：叙说2011年的附加股

mbsb附加股对mbsb投资者是好事或是坏事呢？
诺要了解这一切，就必须回到2011年2月14日
当天mbsb也曾经宣布附加股筹资5亿
2011年2月15日：mbsb股价为RM1.5
2011年5月3日，也就是附加股除权的前一天：mbsb股价为RM2.5
一共上涨了67%

这回附加股是否能和以往一样带动股价上涨？确实让人很期待

～～～～～～～～～～～～～～～～～～～～～～～

看法4：就算合拼不成功，mbsb迈向银行之路已成定局
目前mbsb的tier 1 capital ratio 7.7%，附加股后，tier 1 capital ratio 会调高11.1%（或更高）
接近basel 3所要求的minimum 15%，这也代表mbsb开始迈向转型成为银行之路
目前mbsb首次推出个人贷款予私人界，也开始扩大自家生意规模，也可抵消国家银行打击家债所带来的冲击

Posted by gsrajan > 2013-10-15 13:33 | Report Abuse

Can anyone translate the above text in English.

Posted by pputeh > 2013-10-15 19:53 | Report Abuse

Thanks, I too need the translation to follow

Posted by jcck79 > 2013-10-15 22:42 | Report Abuse

The chinese text in summary said MBSB is a good buy ...... my wife translate .... given the potential of merging with RHB ... strong takeholder (EPF) and if everything goes well transformation to bank successful the rewards is huge. Summary of the text.

Posted by gsrajan > 2013-10-16 04:06 | Report Abuse

Jcck79 thank you and your wife for the translation.

Posted by solarcell > 2013-10-16 06:30 | Report Abuse

google translate, but i do check a bit

Posted by solarcell > 2013-10-16 06:37 | Report Abuse

( Long time no chat mbsb)
Reason
1 ) The most remarkable third quarter report has not been released
2 ) National Bank to suppress personal loans , loan term reduced to 10 years , mbsb NOT attractive as before

But two days ago mbsb proposed additional financing 1,470,000,000 shares
1 billion to expand the scope of business , and the rest is used to purchase financial products to meet the requirements of the National Bank

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

View 1: ( Does that mean EPF additional shares began rhbcap and mbsb merged paving it ? )
In this additional shares which , as the major shareholder EPF will subscribe for additional shares in full , inject 970 million
970 million is not a small number, that means epf very optimistic about the future of mbsb
mbsb current market value of 5 billion , holds 64% mbsb of epf be privatized mbsb, basically only need 1.8 billion ,
In the current view , mbsb very low probability of being privatized , merged relatively strong probability

Early rhbcap acquisition talks with osk and mestika merged , so rhbcap and mbsb 's whereabouts still have not merged
Currently the merging of rhbcap, osk and mestika nearing completion
Does that mean then , rhbcap going to merge with mbsb ?

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

View 2 : Why is merged instead of privatizing it ?
** (Fsa latest regulations restrict investment institutions may not hold more than 50% equity interest in a bank )
epf holds a 64% mbsb, while epf holds rhbcap 41%, promise to comply with fsa, epf happen underweight mbsb
osk holds rhbcap 9.89%, another large shareholder (arab bank ) holds 20% rhbcap
Personal opinion , epf expensive merged osk holdings in order to reduce rhbcap % , that pave the way for future mbsb merged
Snow epf intention to put my holdings in rhbcap % to 50% , is bound to high-priced merged mbsb
epf select few ( and only one way : that is merged )
Personal estimate mbsb merged Market Cap: 10,000,000,000 , rhbcap merged Market Cap: 20,000,000,000
That way , epf will hold 50% of the new merged company
Overall, the greatest benefit from merged object is epf, in addition to improve their holdings in rhbcap % , but also make epf no reduction mbsb%, can be said to be double-edged sword

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

View 3: Narrative 2011 additional shares

mbsb additional shares for investors is a good thing or a bad thing mbsb it ?
To understand all this promise , we must go back to February 14, 2011
Day mbsb additional equity financing has also been announced that 500 million
February 15, 2011 : mbsb price of RM1.5
May 3, 2011 , that is, the day before the ex- rights issue : mbsb price of RM2.5
A total of up 67%

This time whether additional shares rose as ever driven ? People are really looking forward to

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

View 4 : Even merged unsuccessful , mbsb towards the bank of the road is a foregone conclusion
Currently mbsb 's tier 1 capital ratio 7.7%, after the additional shares , tier 1 capital ratio will increase by 11.1% ( or higher )
Close basel 3 required minimum 15%, which also represents a move towards transformation into a bank mbsb the road
Currently mbsb debuted personal loans to the private sector , have begun to expand their own business scale, it can be offset against the National Bank of the impact of household debt

Posted by Kutty123 > 2013-10-17 17:12 | Report Abuse

good news, but price never raise..

Posted by jcck79 > 2013-10-17 17:59 | Report Abuse

Price will start rally once the right date announced who don't want buy good stock below market price ? i believe the current drop is just a gimmick for big player to accumulate more.

Posted by stockguru > 2013-10-18 06:12 | Report Abuse

thank you for ur translation

Posted by Kutty123 > 2013-10-18 15:41 | Report Abuse

wah, price kept pressing down...

Posted by nicole76 > 2013-10-18 16:19 | Report Abuse

Don't expect any rise until Jan 2014. the trend will either go down further or stagnant until then...

Posted by jcck79 > 2013-10-19 03:17 | Report Abuse

Accumulate more the more the better ....

Posted by heeroo > 2013-10-19 07:12 | Report Abuse

Hope can get dividend... waiting for announcement 22/10

Posted by jcck79 > 2013-10-19 10:28 | Report Abuse

dividend is another thing i really hope they will merge with RHB or transform to a bank ..... by then my investment now will turn into gold egg =P

Posted by alexisvics > 2013-10-19 13:57 | Report Abuse

Down trend ever since hit around RM 3 last month.

Posted by Kutty123 > 2013-10-21 16:26 | Report Abuse

buy now since still look like bear

Posted by heeroo > 2013-10-21 22:43 | Report Abuse

22/10 announcement..

Posted by member41 > 2013-10-21 22:46 | Report Abuse

I guess got few sen dividend coming soon based on past trend.

Posted by lloydlim > 2013-10-21 22:55 | Report Abuse

Quick quick drop to 2.70, I'm waiting so long le.....

Posted by tigerroar > 2013-10-21 22:59 | Report Abuse

Announcing dividend soon so don't think it'd drop below 270

Posted by Jerry > 2013-10-21 23:56 | Report Abuse

coming Quarter report is expected not as good as previous quarters.

Posted by member41 > 2013-10-22 14:52 | Report Abuse

what time result out? After market close?

Posted by heeroo > 2013-10-22 18:45 | Report Abuse

7.15p.m will announce..

Posted by lmseng > 2013-10-22 19:11 | Report Abuse

the result is out- another beautiful set of financial. Congrats!

Posted by pputeh > 2013-10-22 19:45 | Report Abuse

Declared 5 sen dividend. Also good. Now wait for rights issue. Wonder if should go all the way or bail when price goes up to ab 2.95

Posted by heeroo > 2013-10-22 19:48 | Report Abuse

Good.. kpi achieve..

Posted by null > 2013-10-22 19:52 | Report Abuse

result is not good, profit down so much compare last quarter, haiz, tomorrow sure drop,

Posted by chang0509 > 2013-10-22 19:58 | Report Abuse

Not necessary. If compare to last year corresponding quarter, the profit increases.

Posted by don85 > 2013-10-22 20:37 | Report Abuse

If for long term invest, can i buy in now?

Posted by Kutty123 > 2013-10-22 20:41 | Report Abuse

good buy

Posted by heeroo > 2013-10-22 20:57 | Report Abuse

Product development will create a good products i think.. fast and efficient management.. thats why result ended sep come out already.. good..

Posted by mmtalents > 2013-10-22 20:58 | Report Abuse

@null, u know how to read finance report or not???!!!

Posted by jcck79 > 2013-10-22 21:44 | Report Abuse

expect the prize to rally until the 5th of November =P my prediction is good hahaha ....

Posted by null > 2013-10-22 21:56 | Report Abuse

hey mmtalents, if you compare last year result, this quarter is up, but when you compare last quarter you will know their profit drop drasticly @@

Posted by heeroo > 2013-10-22 22:04 | Report Abuse

EPS this quarter compare to last quarter up or down?

Posted by null > 2013-10-22 22:04 | Report Abuse

See below, you will know what i said, profit drop 20% compare with last quarter(2013-06-30). Last 2 quarter profit is break 200m, this quarter down to 196m.

F.Y Quarter Revenue PBT Profit EPS
2013-12-31 2013-09-30 644,033 196,235 132,721 7.64
2013-12-31 2013-06-30 614,298 247,589 165,155 9.78
2013-12-31 2013-03-31 562,475 237,110 166,144 13.08
2012-12-31 2012-12-31 487,525 245,747 183,606 15.11
2012-12-31 2012-09-30 520,680 177,381 89,977 7.40

Posted by null > 2013-10-22 22:07 | Report Abuse

EPS also drop from 9.78(last quarter) to 7.64 (this quarter).

Posted by null > 2013-10-22 22:08 | Report Abuse

If new product come out, it will be good la, if not better buy AEONCR better~

Posted by heeroo > 2013-10-22 22:11 | Report Abuse

Maybe impact from change in adoption from NPL 6months to 3months? Or accounting treatment on impairment allowance? Revenue still good kan Null?

Posted by heeroo > 2013-10-22 22:13 | Report Abuse

AEONCR why better? Achieve higher KPi?

Posted by Bryan Ng > 2013-10-23 08:32 | Report Abuse

Dividen....

Posted by member41 > 2013-10-23 09:07 | Report Abuse

Up a bit today... see how mr market respond.