Posted by latlut > 2018-01-30 17:55 | Report Abuse

congrats all. is a good result.

Posted by BC1010 > 2018-01-30 17:56 | Report Abuse

@moonhead, if you have a chance to know some baby shark, you will know. Mutual consent may be a little harsh, I shall put it "Green Light"

Posted by Ooddd > 2018-01-30 17:57 | Report Abuse

This result during lao sai period is good...then, what make you think this is fair?

Posted by jepun_77 > 2018-01-30 17:57 | Report Abuse

Good results..more to come

Posted by Alvin Yoong > 2018-01-30 18:15 | Report Abuse

Walao report sibeh good!! Who throw today lugi loh.

Posted by Yu_and_Mee > 2018-01-30 18:15 | Report Abuse

mind to ask gurus over here, how far MBSB's stock price can go after become bank? Like MBB? PBB? CIMB? RHB?

Posted by RedEagle > 2018-01-30 18:24 | Report Abuse

Glory Mbsb

Posted by YouBuyIBuy > 2018-01-30 18:27 | Report Abuse

My
Bank
Sure
Bang

Mbsb!

Posted by vv2017 > 2018-01-30 18:44 | Report Abuse

Wow! Lets FLY coming Friday!

Posted by YouBuyIBuy > 2018-01-30 18:56 | Report Abuse

Qr out after 5pm , so Friday only will up , maybe limit up woohoo

Posted by jepun_77 > 2018-01-30 19:13 | Report Abuse

Dividend also good 5%..last yr just 3%

Posted by Qwertyuiop > 2018-01-30 19:23 | Report Abuse

@papaya, not after, it is before. They were flushing weak holders out by creating an illusion indicating that the report will be bad before it is released.

Posted by thurston > 2018-01-30 19:27 | Report Abuse

So many good news for MBSB
1. Dividend 5 cents
2. Good Q4 2017 financial results
3. 2017 profit double up
4. Bank license obtained.
5. Interest rate up 0.25%

So, got chance limit up on Friday?

Posted by Jon Choivo > 2018-01-30 19:31 | Report Abuse

All already priced in.

Most of the loan is fixed rate, so no gain there.


thurston So many good news for MBSB
1. Dividend 5 cents
2. Good Q4 2017 financial results
3. 2017 profit double up
4. Bank license obtained.
5. Interest rate up 0.25%

So, got chance limit up on Friday?

Posted by maxlee0508 > 2018-01-30 19:42 | Report Abuse

Hiiiiii all sifu here.... may i know how to get my dividend.... im newbie.... didnt get dividend b4....hehe...

Posted by james86 > 2018-01-30 19:51 | Report Abuse

wait after agm lol, hehehe

Posted by james86 > 2018-01-30 19:51 | Report Abuse

Fri confirm limit up :)

Posted by RedEagle > 2018-01-30 19:58 | Report Abuse

2 days enough to digest the announcement report, analyst report, revise target price, future prospect being Bank, etc.. Hope friday 1.45.. Kikikih

Posted by james86 > 2018-01-30 20:21 | Report Abuse

Rm2 is my target for mbsb ;)

Posted by samchua1001 > 2018-01-30 20:37 | Report Abuse

hope friday up enough

Posted by samchua1001 > 2018-01-30 20:56 | Report Abuse

anyone hv read the financial report pls share here

Posted by Hoe Weng > 2018-01-30 21:14 | Report Abuse

https://klse.i3investor.com/m/blog/MBSB_finance/145945.jsp

Posted by Hoe Weng > 2018-01-30 21:15 | Report Abuse

https://klse.i3investor.com/m/blog/MBSB_finance/145946.jsp

Posted by Yu_and_Mee > 2018-01-30 21:18 | Report Abuse

Impossible to limit up this Friday. Completely, totally, certainly IMPOSSIBLE LIMIT UP.
If UP 0.10 at closing already consider very great.

Posted by Orange88 > 2018-01-30 21:26 | Report Abuse

Will meet with resistance at 1.2 1.22 1.25 agaib haha. Somebody very evil blocking this stock

Posted by azlan88 > 2018-01-30 21:30 | Report Abuse

haha. At last, their provision is almost over. Based on MBSB's CEO statement, they will be on clean slate starting 2018 onwards. Guess that MBSB would be posting at least RM150 million net profit per quarter, with potential additional profit from writeback and disposal of NPL and conventional loan asset.

Posted by RedEagle > 2018-01-30 21:54 | Report Abuse

Current account, ATM machine, internet banking, credit card, debit card, forex, also potential additional revenue

Posted by wusuki > 2018-01-30 21:57 | Report Abuse

hope Mac quarie will not press down the price as last week (EGM 21 jan 2018)

Posted by RedEagle > 2018-01-30 21:58 | Report Abuse

A very potential counter which can give u at least of 10% ROI in a month of period timeframe. This counter is MBSB, which just published it's latest 4th quarter report of 2017 on 30 January 2018. The financial report was consider expected and satisfied, which is good enough to be a good catalyst to push the price to RM1.26 and above after 2 weeks of accumulation by "someone".

Based on the technical chart, we foresee the price of this counter was on an uptrend and pending for an ascending breakout at RM1.26. Some even saw it as cup and handle chart pattern breakout. The Money Flow Index and Relative Strength Index was showing an uptrend as well since December 2017 when the price was at RM1.01-RM1.04.

Anyhow, congratulations to those strong holders who did not flush out due to the poor market sentiment today and too bad for those weak holders, it's your time to buy back but not to chase high. To maximize profit, you may consider leveraging your investment by using call warrant.



Disclaimer: Not a buy or sell call, it is just for educational purpose. Buy or sell at your own risk.

@ nice hoe weng

Posted by RedEagle > 2018-01-30 22:01 | Report Abuse

The Group registered revenue of RM3.26 billion for FYE17 and RM818.27 million for 4Q17 which are consistent with RM3.27 billion (FYE16) and RM816.87 million (3Q17). The revenue is generated from the Total Assets of RM44.81 billion as at 31 December 2017, a 3.56% growth or RM1.54 billion from RM43.27 billion as at 31 December 2016. The rise in Total Assets is contributed by the higher investments in liquefiable assets.



The Group reported its Profit After Tax (PAT) of RM417.13 million for the full Financial Year Ended 31 December 2017, a significant increase of 107.1% or RM215.71 million from RM201.41 million posted in the previous Financial Year Ended 31 December 2016 (“FYE 2016”). On a quarterly basis, PAT has also trended upwards by 23.08% or RM23.25 million from RM100.74 million posted in the last quarter (3Q17). Meanwhile, Profit Before Tax (PBT) of RM550.73 million (FYE17) showed major improvement of 62.74% or RM212.31 million PRESS RELEASE KENYATAAN AKHBAR For Immediate Release 30 JANUARY 2018 2 compared to RM338.42 million (FYE16). Compared to a PBT of RM130.04 million (3Q17), the amount of RM178.30 million (4Q17) is an increase of RM48.26 million or 37.11%. The substantial increase in profits is mainly attributed by the lower cost of funds and lower allowances for the impairment losses on financing, loans and advances.



On the results’ announcement, Datuk Seri Ahmad Zaini Othman, MBSB’s President and Chief Executive Officer commented, “With the ending of the impairment program in 4 th quarter of 2017, we have achieved what we had planned when it was first initiated in the 4 th quarter of 2014. Our 4Q17 and FYE 2017 results were partly attributed by strengthened collection efforts which in turn have reduced the impairment allowance for the year.”



The Group’s gross financing and loans contracted slightly by 3.07% y-o-y from RM35.28 billion (FYE16) to RM34.20 billion (FYE17). This is due to the reclassification of selected impaired retail financing and loans to Financial Assets Held-for-Sale and which sale is expected to be completed in the first quarter of this year. Nevertheless, Gross Corporate Financing and Property Financing have recorded notable annualized growths of 10.01% and 16.29% respectively. On the latter, Datuk Seri Ahmad Zaini added, “We remained to be selective in growing our financing assets but certain corporate segments have continued to be viable and we have managed to secure substantial financing stock moving into the new year from these segments”.



The Group also grew its Deposits from Customers by RM2.14 billion from RM30.61 billion as at 31 December 2016 to RM32.76 billion as at 31 December 2017. However, on a quarterly basis, it recorded a small drop of 1.17% or RM387 million from 3Q17 to RM33.14 billion (3Q17).



Asset quality as measured by the Net Impaired Financing/Loans (NIFL) ratio stood at 2.11% (FYE17), which is an improvement of 0.76 percentage points from 2.87% (FYE16) and 1.05 percentage points from 3.16% (3Q17). The Gross Impaired Financing/loans Coverage stood at 139.52% (FYE17), a remarkable progress from 109.24% (FYE16) and 109.82% (3Q17). On these observations Datuk Seri Ahmad Zaini commented, “It has to be highlighted that despite spending significant time and efforts to ensure the corporate exercise with Asian Finance Bank reaches a positive conclusion, we did not compromise on our 2017 deliverables. Collection and recovery efforts persisted throughout the year to ensure the resultant entity post-merger is premised on solid and healthy assets. This is key in bringing ourselves closer to a comparable position with the industry impairment ratios”.



The Net Return on Average Equity has advanced to 6.02% (FYE17) from 3.48% (FYE16) and 5.69% (3Q17). Similarly, Net Return on Average Assets moved up to 0.95% (FYE17) from 0.48% (FYE16) and 0.89% (3Q17), an increase of 0.47 and 0.06 percentage points respectively. The Group’s Cost to Income ratio (CIR) slightly regressed to 22.62% (FYE17) from 20.82% (FYE16) and 21.93% (3Q17) due to the necessary merger expenses and the expansion of business products and segments. Nevertheless, MBSB’s CIR still remained below the industry average of 49.7%.



Commenting on the Group’s outlook, Datuk Seri Ahmad Zaini stated, “We are certainly excited with the prospects of the new platform upon completion of the merger exercise. While we shall remain committed to doing what has always been profitable, for example the affordable housing projects and the penetration in selected SME sectors but rolling out new products in the immediate years shall be a very positive development for the new entity. We intend to add value by establishing new delivery channels as this shall help to bring prospective customers on board.”

Posted by Orange88 > 2018-01-30 22:42 | Report Abuse

Everybody stop dreaming, despite the results, the only way stock can move significantly is the price for last month IS TO ASSASINATE the evil party road blocking it

Posted by Orange88 > 2018-01-30 22:43 | Report Abuse

Identify n assasinate

Posted by Orange88 > 2018-01-30 22:44 | Report Abuse

Somebody press down for long time already, decapitation is coming to you.

Posted by Orange88 > 2018-01-30 22:48 | Report Abuse

All the best red eagle n gang. Use your head, global market correcting significantly, all second liners dramatically lower in bursa this past 2 days

Posted by Orange88 > 2018-01-30 22:50 | Report Abuse

Steep cheap sale is coming, i hope MBSB buck the trend. Overall program buy at lower price because this will be a roller coaster opportunity

Posted by Orange88 > 2018-01-30 22:52 | Report Abuse

Do look at AAX 13, gkent CE, hgyuan cws, supermax cws, armada cws in this coming cheap sale

Posted by RedEagle > 2018-01-30 22:53 | Report Abuse

Mode: Buying/Selling/Monitor?

Posted by Orange88 > 2018-01-30 22:54 | Report Abuse

Mbsb is a great ship just that we have a villian onboard, mbsb is worth RM 2 but for that evil villian n global market storm heading our way.......

Posted by Orange88 > 2018-01-30 22:55 | Report Abuse

Remember the 2 deadweight yeah, villian m global market headwind

Posted by 张晋荣 > 2018-01-30 22:56 | Report Abuse

Mbsb-c8 will be give you 50-100% return min..

Posted by Orange88 > 2018-01-30 22:57 | Report Abuse

The villian sabotaged mbsb golden cross at RM 1.25 many times in january, if not wr could have made 300-500% gains like drbhicom cws n sime cw

Posted by Orange88 > 2018-01-30 23:00 | Report Abuse

Find n kill the villian only death penalty good enough for sabotaging 1.25 thrice over. Otherwise Cw 4, 6,8 will be worth 25 sen, 9 sen n 20 sen today at a mother price of RM 1.4

Posted by Orange88 > 2018-01-30 23:01 | Report Abuse

Death penalty.

Posted by Orange88 > 2018-01-30 23:01 | Report Abuse

Maquarie, epf and.......

Posted by Orange88 > 2018-01-30 23:03 | Report Abuse

Now an express train is coming our way being global market selldown n the cullling of bursa second liners.

Posted by Orange88 > 2018-01-30 23:03 | Report Abuse

And investors tied to the railway track. ktm traib coming your way

Posted by Orange88 > 2018-01-30 23:04 | Report Abuse

Evil begets evil.......

Posted by Orange88 > 2018-01-30 23:06 | Report Abuse

Red eagle i really dont know, perhaps price will jump up a bit before being brutally sold down when market re-opens.

Posted by Orange88 > 2018-01-30 23:07 | Report Abuse

Red eagle, i know that most second liners will be 15-30% lower over the next 10 tradibg days

Posted by Orange88 > 2018-01-30 23:07 | Report Abuse

Cheap sale coming