Posted by Alvin Yoong > 2018-01-24 11:43 | Report Abuse

MBSB qr report is on end of feb.Why everyone said is on 30 Jan?

Posted by Ooddd > 2018-01-24 11:48 | Report Abuse

Don't care...Hold until grandson come out..

Posted by wusuki > 2018-01-24 12:10 | Report Abuse

i just curious ，why they wan to press down price ？ let the price up is disadvantage to them？

Posted by benson85 > 2018-01-24 12:27 | Report Abuse

alvin, please read bursa news, mbsb already annouced it will out on 30th January 2018

Posted by JT90 > 2018-01-24 12:49 | Report Abuse

Bank Negara announce monetary policy statement tomorrow. Mostly likely increase the interest rate which could bring the finance stock rally tomorrow, esp those strong in fundamental

Posted by Dartmaster > 2018-01-24 12:49 | Report Abuse

warrant expiring soon thats why.. Feb will definitely rebound all the way up to 1.4..

Posted by huatcoffee4896 > 2018-01-24 12:53 | Report Abuse

waiting feb flyflyfly

Posted by Dartmaster > 2018-01-24 12:57 | Report Abuse

end of feb....

Posted by meistsk3134 > 2018-01-24 12:57 | Report Abuse

Lol hold till grandson grab your fortune not your

Posted by meistsk3134 > 2018-01-24 12:58 | Report Abuse

News say march result.. pending so long

Posted by Alvin Yoong > 2018-01-24 14:21 | Report Abuse

ok noted.

Posted by haron89 > 2018-01-24 17:55 | Report Abuse

https://www.bharian.com.my/bisnes/pasaran/2018/01/379836/bnm-mungkin-naik-kadar-faedah-esok-bloomberg

Posted by tcs888 > 2018-01-24 17:59 | Report Abuse

Meistsk .. what news ? The qr will be announced in 30th Jan... Is announced... Why keep changing?

Posted by ChampionCw > 2018-01-24 18:17 | Report Abuse

ChampionCw IT WAS THE YEAR 2005 AND EPF/ KWAP AND KHAZANAH DID A MAJOR RESTRUCTURING ON RHB CAP TRADING AT 65 SEN THEN. (READ BELOW)THE REST IS HISTORY.

NOW EPF ON MBSB DEJA VU ???

EXTRAPOLATE RHB CAP ON MBSB YEAR 2005 ON YEAR 2018


EPF strengthens position in RHB
BUSINESS NEWS
Tuesday, 13 Sep 2005

12:00 AM MYT
by c.s. tan

SHARES of RHB Bhd and its warrants were actively traded and their prices advanced yesterday in anticipation of a merger of its subsidiary, RHB Bank, and another bank.

RHB Bhd’s share price rose 5.5 sen to 65 sen while RHB-WB went up 1 sen to 10.5 sen. RHB-WB was the second most actively-traded stock, with 17.6 million shares changing hands.

Investors seem convinced that Employees Provident Fund (EPF), a major shareholder, exercises greater influence in the affairs of RHB Bhd now and would quickly make a case for a corporate exercise to resolve the company's huge debts.

Utama Banking Group Bhd (UBG) has been identified as RHB Bhd's controlling shareholder since it bought a major stake in the latter company from Tan Sri Rashid Hussain in 2003. A capital restructuring exercise could, however, reduce UBG's stake in RHB Bhd.

image: https://www.thestar.com.my/business/business-news/2005/09/13/epf-stren...


RHB Capital announced yesterday Bank Negara has approved its proposed formation of an executive committee or exco that will assume the role of CEO of the company pending the appointment of a CEO.

The exco, which will oversee the day-to-day operations and management aspects of RHB Capital, will comprise Vaseehar Hassan Abdul Razack and Johari Abdul Muid. Both are non-independent, non-executive directors of the company, RHB Capital told Bursa Malaysia.

Vaseehar is a nominee of UBG while Johari is the EPF’s chief investment officer (equity).

Earlier, Datuk Seri Sulaiman Abdul Rahman Taib was RHB Capital’s executive chairman but his application for re-appointment did not receive Bank Negara's approval.

Following this in early August, RHB Bhd’s share price surged on expectation that EPF would execute a capital revamp. He is now a non-executive director.

With the setting up of the exco and Johari's position in it, this is the first time that EPF will have a direct role in supervising the day-to-day operations at RHB Capital.

Before this, EPF’s position in the group was already enhanced when the pension fund's CEO, Datuk Azlan Zainol, was appointed chairman of RHB Bank.

Bankers believe that considering the major exercise to be executed in the RHB group, both Azlan and Johari will be playing a much needed role there to bring back some of the value of its investment in RHB Bhd.

RHB Bhd needs to reduce its debts. Its latest results showed it incurred interest expenses of RM95.5mil in the six months ended June 30, 2005. This could mean that its annual interest expenses could amount to more than RM190mil.

The company had borrowings of RM1.9bil and irredeemable convertible loan stocks of RM1.1bil. These form a total interest-incurring debt of RM3bil.

In addition, RHB Bank has debts of RM1.4bil in the form of irredeemable non-cumulative preference shares (INCPS) that were issued to Danamodal and now held by Bank Negara. These INCPS are said to carry a high interest cost and, therefore, the RHB group wants to buy back and cancel the INCPS.

In total, the RHB group has debts of more than RM4bil that need to be repaid or restructured.

image: https://www.thestar.com.my/business/business-news/2005/09/13/epf-stren...


Bankers said they understand its institutional shareholders – EPF and Kumpulan Wang Amanah Pencen (KWAP) – are keen to quickly resolve the debt issue. Such resolution would place RHB Bhd on a stronger financial footing and perhaps improve its value.

RHB Bhd's share price traded around RM7 each in the mid-1990s. The stock closed at 65 sen yesterday as investors priced it after adjusting for its large debts.

A re-capitalisation exercise in RHB Bhd would require an injection of fresh capital. Both EPF and KWAP, being pension funds, have deep pockets to put in more capital.

UBG may find it relatively more difficult to inject more capital funds into RHB Bhd. If it does not subscribe to certain forms of rights issue that may be required, its stake in RHB Bhd would be diluted to a reduced amount.

In addition, there was market talk of the possibility of a merger between RHB Bank and BCB
image: https://cdn.thestar.com.my/Themes/img/chart.png

. However, bankers said it is more likely that RHB put its own house in better order first and build more value into the group before a bank merger might be considered.

A capital-restructuring exercise in the RHB group is likely to involve reducing the levels of control. Hence, substantial shareholders may move their shareholdings in RHB Bhd and RHB Bank to RHB Capital, the bankers
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Posted by Ooddd > 2018-01-24 19:28 | Report Abuse

@championCW...May I know what is the message on your post? In short, good or gone?

Posted by Ooddd > 2018-01-24 19:30 | Report Abuse

@tcs888, I thought qr report out by end of this month? There is changes? I don't see any news on the change

Posted by kimbok > 2018-01-24 20:15 | Report Abuse

End of March is merger, 30 jan is q results

Posted by Orange88 > 2018-01-24 20:16 | Report Abuse

Excellent research champ. Well done

Posted by Orange88 > 2018-01-24 20:19 | Report Abuse

Oodd, what the boy has digged up is this Epf has reengineered rhbcap from 55 sen in 2005 to a peak of RM 9 for RHB Bank. Today it is over RM 5 still ten times the price before then.

Posted by Orange88 > 2018-01-24 20:21 | Report Abuse

The same will happen to MBSB likewise a new entity n new name just like RHB Cap 13 years ago. People we are witnessing history repeating itself.

Posted by Orange88 > 2018-01-24 20:22 | Report Abuse

MBSB or whatever it will be called, will stay above RM 2 after these corp exercise

Posted by Orange88 > 2018-01-24 20:23 | Report Abuse

Above RM 2 dont ask for much. Buy n keep the CWs for maximum gain

Posted by Orange88 > 2018-01-24 20:27 | Report Abuse

Institutions pushed down price of MBSB for months even down to 85 sen for what ?

Posted by Orange88 > 2018-01-24 20:28 | Report Abuse

Major assault upward. Think HLb, PBb n Rhb price melt up in the last 10 years Get the picture

Posted by 77huat77 > 2018-01-24 21:09 | Report Abuse

orange don't talk shit,at least 5

Posted by tony4771 > 2018-01-24 21:44 | Report Abuse

@Orange. Stock is dead... human is alive..... time is the factor...we need to maxi our profit once in 5 yrs.

Posted by meistsk3134 > 2018-01-24 21:50 | Report Abuse

Tcs go reas news lo. Mbsb have news

Posted by meistsk3134 > 2018-01-24 21:51 | Report Abuse

Install klse screener search mbsb there a news

Posted by ChampionCw > 2018-01-24 22:04 | Report Abuse

MBSB going to RM 5 in 5 years ? Sell your underwear and house and dog and jump in If still stuck how Silly jackass

Posted by Ooddd > 2018-01-24 22:32 | Report Abuse

Shit, I don't wear underwear.. so, can only sell house and dog..Ok, tomorrow all in...

Posted by tony4771 > 2018-01-24 22:37 | Report Abuse

@cham. how old r u? how many 5 yrs u still got? A Dog life only have 5x? yrs?

Posted by ChampionCw > 2018-01-24 22:50 | Report Abuse

Ah Tone Tone Tone Oh My English ! Dont speak in riddles. You're not from Special Needs School Are you ? Speech Speech

Posted by ChampionCw > 2018-01-24 22:50 | Report Abuse

so many Rocky Balboa here too many punches to the head or just born that way

Posted by Orange88 > 2018-01-24 22:59 | Report Abuse

Why so many newcomers who only emerged today preaching long term investment 5 years etc, etc

Posted by meistsk3134 > 2018-01-24 23:00 | Report Abuse

Since epf is big holder..it hardly to rising now due election. We can predict mbsbs after electio n later

Posted by Orange88 > 2018-01-24 23:00 | Report Abuse

These bloggers nowhere to be found when I called for MBSB meteoric surge 4 weeks ago

Posted by tony4771 > 2018-01-24 23:00 | Report Abuse

???? Remember. Do not ever fall in love with a stock unless you are 1 of the operater

Posted by Orange88 > 2018-01-24 23:02 | Report Abuse

Now they preaching RM 5 in 5 years. I say better buy amanah saham nasional AND BToto Jackpot forget MBSB kikekike

Posted by Orange88 > 2018-01-24 23:03 | Report Abuse

Amh shm nasional dividend 3% keep 30 years for long life, jackpot more likely for RM 5 MBSB

Posted by ChampionCw > 2018-01-24 23:05 | Report Abuse

ChampionCw Orange, you a stand up comedian now ? What your tips for whats left of January ?
24/01/2018 23:04

Posted by Orange88 > 2018-01-24 23:06 | Report Abuse

Rajin rajin scout my comments champion boy hahahaha

Posted by ChampionCw > 2018-01-24 23:06 | Report Abuse

yeah real funny Orange same to you

Posted by Orange88 > 2018-01-24 23:07 | Report Abuse

Reading You bloggers comments like plastic being blown by strong wind one minute hi ho up next minute be careful kikekike

Posted by ChampionCw > 2018-01-24 23:08 | Report Abuse

I agree Orange I can think of the Malay Proverb Hidup Segan, Mati Tak Mahum hahhahahaha

Posted by ChampionCw > 2018-01-24 23:15 | Report Abuse

Orange i think they are saying Champ and Orange the same person

Posted by Orange88 > 2018-01-24 23:33 | Report Abuse

No meitsk the future has to Be NOW beware wall street topping out too high none of us cats with 9 lives hahaha. Must push n promote now, not later otherwise...... No good

Posted by Orange88 > 2018-01-24 23:34 | Report Abuse

TONY, anwser is YES. We hav a group.

Posted by Orange88 > 2018-01-24 23:35 | Report Abuse

Operating since september from palette onwards

Posted by Orange88 > 2018-01-24 23:36 | Report Abuse

Ts wong just a gigg,book worm, no personality, brahmal an absent minded womanizer

Posted by Orange88 > 2018-01-24 23:37 | Report Abuse

Oodd. All in good boy