Posted by 692718720 > 2018-12-28 00:19 | Report Abuse

l2earn... can not see le

Posted by 790930 > 2018-12-28 00:19 |

Post removed.Why?

Posted by mala173318 > 2018-12-28 21:47 | Report Abuse

next year 0.80

Posted by mala173318 > 2018-12-28 21:52 | Report Abuse

unitil end of 2019

Posted by Myeye > 2018-12-31 10:18 | Report Abuse

~.~

Posted by jaycol > 2019-01-04 10:58 | Report Abuse

this counter when can rocket ? holding since rm1.10..

Posted by Happy Investing > 2019-01-04 15:51 | Report Abuse

mine was 1.2, need to be patient

Posted by Dinasour > 2019-01-10 17:12 | Report Abuse

what is the impact to MBSB from the merger between MDIF and Al-Rajhi Bank?

Posted by mala173318 > 2019-01-12 07:52 | Report Abuse

up down everyday same pattern .within 0.95 to 0.97 range no power to break 1

Posted by factorrumour > 2019-01-12 16:31 | Report Abuse

up down but at least never go further down anymore, could be collection period for big players, so far it has been very quiet and no news development, lets just wait for the quarter results and see how's their progress in islamic banking.

Posted by Nicholasming91 > 2019-01-15 06:42 | Report Abuse

How u knw making money ? Every QR unstable

Posted by Nicholasming91 > 2019-01-15 19:11 | Report Abuse

I want to buy but i see QR quite unstable.. good company tho

Posted by spygame007 > 2019-01-15 22:08 | Report Abuse

every quarter like tat, price rally go up before QR release, then price press down again after QR!

Posted by Madd > 2019-01-15 22:08 |

Post removed.Why?

Posted by meistsk3134 > 2019-01-16 09:47 | Report Abuse

positive mind investor die fast
shark mjnd better

Posted by Myeye > 2019-01-17 09:14 | Report Abuse

~.~

Posted by Yippy68 > 2019-01-17 13:07 | Report Abuse

BIMB, now 3.75...when first listed drop to 90sen.

Posted by monkeyinvestor > 2019-01-19 18:47 | Report Abuse

time has came to fly!

Posted by snwong13 > 2019-01-19 21:45 | Report Abuse

.
Be Prepared!
Moving into FULL FLEDGED Bank!

Posted by snwong13 > 2019-01-19 21:50 | Report Abuse

.
..And possible Merger!

https://www.thestar.com.my/business/business-news/2019/01/17/consolidation-of-banks-may-gain-traction-this-year/

Posted by snwong13 > 2019-01-19 21:53 | Report Abuse

...

"the attractive valuations of MBSB Bank Bhd and AMMB Holdings Bhd that made both appealing acquisition targets;"

"As for MBSB, it said, the group was on track with its business plan to launch retail banking services, and this could be accelerated by way of further consolidation with other banks. In this instance, it said, RHB Bank would likely be the candidate, given both the banks’ common shareholder."

Posted by char1234 > 2019-01-20 18:43 | Report Abuse

its a good bank.But no one goreng it.Very long term,can keep.This bank

Posted by char1234 > 2019-01-20 18:44 | Report Abuse

will be taken over by other banks who gila revenue

Posted by Yippy68 > 2019-01-21 00:05 | Report Abuse

hold or add...The management has put up big afford to convert to Bank, you should enjoy the fruit if you have confident and patient to wait for another 12 months. mean times collect 5 to 7 % dividend.

Posted by Myeye > 2019-01-21 09:24 | Report Abuse

The everlasting patience will be rewarded sooner or later ~.~

Posted by Raul > 2019-01-22 09:40 | Report Abuse

I dont think MBSB will go for another merger exercise. They have spent a lot to realize these M&A to get the banking license. MBSB already is the second largest stand alone islamic bank and anytime can tapau bank islam to become the number 1. Why should they go for another M&A? Unless the instruction come from BNM

Posted by mala173318 > 2019-01-22 16:38 | Report Abuse

lagi 3 tahun bawah rm1

Posted by Dinasour > 2019-01-23 16:56 | Report Abuse

rubbish counter, not work at all

Posted by smallplayernia > 2019-01-23 19:59 | Report Abuse

hopefully we can see share price stay above 1 ringgit

Posted by Cityman > 2019-01-23 20:03 | Report Abuse

I am starting to believe the sceptics. Will take a break.

Posted by ManyPattern > 2019-01-24 16:57 | Report Abuse

So many counter at the lower price reborn 10~30% , but this mbsb still sleeping...Up and down and down

Posted by Ron90 > 2019-01-25 02:23 | Report Abuse

good company buy heavily invested by government fund..so act like government GLC ler.. no ummph. and who dare to speculate this stock?..without speculation, cannot make handsome money in share trading.... no volatility, no fun, ..wait for dividend only ler.

Posted by PHBNsameshit > 2019-01-25 10:27 | Report Abuse

rubbish counter..

Posted by 129055444514385 > 2019-01-25 11:17 | Report Abuse

one of the most undervalued finance stocks :) dividen cantik, keuntungan makin naik, EPF sapu syer dan tak jual balik, dll



Tuesday, 13 Nov 2018

6:04PM MBSB Nine-month net profit 524.443 million (increased 78.90%)


Friday, 17 Aug 2018

6:58PM MBSB 1H net profit 402.479 million (increased 109.18%)


Thursday, 9 Aug 2018

5:55PM MBSB EMPLOYEES PROVIDENT FUND BOARD (190,396,027 units Acquired)


Monday, 6 Aug 2018

5:29PM MBSB DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

5:28PM MBSB ABDUL HALIM BIN ALI (11,699 units Acquired)


Monday, 30 Jul 2018

5:40PM MBSB 1H net profit 402.479 million (increased 109.18%)


Tuesday, 26 Jun 2018

1:36PM MBSB MBSB - Notice of Book Closure


Monday, 25 Jun 2018

6:17PM MBSB Single-Tier Final Dividend 5.0 sen


Monday, 28 May 2018

1:00PM MBSB 1Q net profit 316.793 million (increased 212.65%)


Friday, 2 Mar 2018

6:44PM MBSB PROPOSED MERGER


Tuesday, 30 Jan 2018

5:27PM MBSB OTHERS

5:26PM MBSB Financial year end net profit 417.126 million (increased 107.10%)

Posted by 129055444514385 > 2019-01-25 11:19 | Report Abuse

semua indicators , molek betul :) belilah sebelum terlambat


Key Statistics
P/E Ratio 9.15

Shares Outstanding 6.39B
Price to Book Ratio 0.8765
Price to Sales Ratio 4.1444
1 Year Return -15.49%
30 Day Avg Volume 2,377,760
EPS 0.11
Dividend 5.08%
Last Dividend Reported 0.05
Earnings Announcement for Period Ending Q3/2018:01/30/2019

Posted by nathank > 2019-01-25 11:19 |

Post removed.Why?

Posted by 129055444514385 > 2019-01-25 11:22 | Report Abuse

EPF sudah beli tapi tak jual balik juga :)

EMPLOYEES PROVIDENT FUND BOARD 06-Aug-2018 Acquired 190,396,027

EMPLOYEES PROVIDENT FUND BOARD 23-Jun-2017 Acquired 98,747,770

Posted by 129055444514385 > 2019-01-25 11:26 | Report Abuse

Look at the indicators, HIGH PROFIT MARGIN, LOW GEARING + STRONG CASH FLOW FROM OPERATIONS TO SUPPORT INVESTMENT.... Salute!

Income Statement - Q3 2018 (Millions MYR)
Revenue 342.0
Net Income 122.0
Profit Margin 35.66%

Balance Sheet - Q3 2018 (Billions MYR)
Total Assets 46.0
Total Liabilities 39.0
Debt to Assets 13.37%

cash flow - Q3 2018 (Millions MYR)
Operating 2,565.1
Investing -745.4
Financing -22.9

(Source: Bloomberg)

Posted by 129055444514385 > 2019-01-25 11:29 | Report Abuse

Strong growth in profitability non-stop, solid dividend for shareholders, potential for M&A, etc.... Terbaik!

Tuesday, 13 Nov 2018

6:04PM MBSB Nine-month net profit 524.443 million (increased 78.90%)


Friday, 17 Aug 2018

6:58PM MBSB 1H net profit 402.479 million (increased 109.18%)



Monday, 30 Jul 2018

5:40PM MBSB 1H net profit 402.479 million (increased 109.18%)


Monday, 25 Jun 2018

6:17PM MBSB Single-Tier Final Dividend 5.0 sen


Monday, 28 May 2018

1:00PM MBSB 1Q net profit 316.793 million (increased 212.65%)



Friday, 2 Mar 2018

6:44PM MBSB PROPOSED MERGER



5:26PM MBSB Financial year end net profit 417.126 million (increased 107.10%)


Wednesday, 24 Jan 2018

12:36PM MBSB PROPOSED MERGER

Posted by 129055444514385 > 2019-01-25 11:33 | Report Abuse

Low risk, potential for substantial gain too :)

52 Weeks Range: 0.89 - 1.31
52 Weeks Price Volatility (%):
26.19%
Average Price Target: 1.34
Price Target Upside/Downside: +0.34

Posted by 129055444514385 > 2019-01-25 11:39 | Report Abuse

kenangan sedikit, MBSB is a bank now. :) mana ada bank punya PE ratio dibawah 10


Malaysia Building Society Bhd - Fledged Islamic Bank
Author: sectoranalyst | Publish date: Tue, 9 Oct 2018, 03:19 PM

INVESTMENT HIGHLIGHTS
Completion of AFB acquisition will form a base for the Group’s next stage of growth
Revamping its branch network and launching wider product offering by FY19
Transforming its assets and deposits mix
Strong capital position
Earnings forecasts maintained at this juncture
We maintain our BUY recommendation with an revised TP of RM1.25 (from RM1.54)
Transforming to a new entity. We visited the Group recently as we were interested to get details of its future plans following the completion of the acquisition of Asian Finance Bank (AFB) in 1QFY18. We summarised the key points of our discussion as follows:

The completion of the AFB acquisition will form a base for the Group to become a full fledge Islamic Bank.
FY18 and FY19 are years of which the Group will be building its foundation for its next stage.
Transforming its asset and deposit mix.
Strong capital position and does not require any rights issue at the moment.
Base had been set up. We believe that the Group have laid the foundation for its next stage of growth. More notably was the acquisition of AFB. We believe that the corporate exercise was to gain the banking license rather than to acquire asset size as AFB only had total asset worth RM2.6b as at 2QFY18. However, the banking license is essential for the Group to transform itself into a full fledge Islamic bank. Also, we believe that the small size of AFB gave the Group an advantage as it does not have to incur significant merger cost or manage integration issues. We understand that the Group had absorbed all of 100 AFB staff.

FY18 and FY19 can be considered foundation years. Whilst we believe that the merger with AFB provide for “easier” integration, it also meant that the Group would have to invest on physical and IT infrastructure as AFB did not have neither the branch network nor the IT platform that the Group could utilize. This had led to higher OPEX, where it went up by +28.7%yoy to RM201.8m in 1HFY18. The Group’s CI ratio in 1HFY18 also went up +30.4% from 21.4% for the same period last year. We expect that OPEX in 2HFY18 and FY19 to continue to be elevated. However, we opine that this is necessary investment such as online banking platform for the Group to be able to offer wider range of products.

More products to be launched in FY19. Following from the necessary investments, the Group will be launching more products especially to attract CASA accounts especially from the retail segment. We believe that this is essential as it would be able to less severe compression in NIM. We understand that current NIM is circa 3% and management expect to drop slightly below the 3% level. Presently, the bulk of its deposits are corporate fixed deposits. In contrast, retail deposits contribute circa 8% to total deposits. The drive to grow this segment will towards end of FY19.

Branch transformation and better retail offering. We note that the Group are in the midst of transforming its branch network. Its new branch model has been approved by the Management and will be transformed into 3 categories of branches, namely; Hub Branch, City Spoke and Digital Spoke. The target completion of this exercise will be 2QFY19. It is also working on corporate and retail internet banking focusing on cashless transactions aimed at enhancing the Group’s core banking products and services whilst creating new channels to increase its presence and reach. The target to roll out this initiative is by this year end.

Decelerating personal finance segment. We understand that the Group is planning to decelerate the loans growth of its personal finance (PF) segment. Although this is its strength (62.6% of total loans book as at 2QFY18), we view this positively as in our opinion the Group need to diversify its risk. While the risk for the PF segment is minimized given the repayments are through salary deduction, in the likelihood of stress to household borrowers, unsecured loans (such as PF and credit cards) will be the first for borrowers to be delinquent.

Posted by dinasdimensi > 2019-01-25 11:45 | Report Abuse

this year (2019) they are targeting a RM12.07 billion worth of financing ranging from consumer to wholesale. Really good counter as this year will be the full year of full banking license. With slightly behind bank islam with only different of RM12.6 billion in total asset and surpasses bank islam nett profit 456.1 with Mbsb 524.4, i think this bank have a bright future. Mbsb only hv 46 branches, bank islam at 147 branches. Cost of operation reduced and ultimately will increase profit. See how much BIMB share price compare to MBSB.

Posted by 129055444514385 > 2019-01-25 12:07 | Report Abuse

dividend yield 5%+, PE ratio less than 10, the only bank on bursa , my guess :)

Posted by 129055444514385 > 2019-01-25 12:16 | Report Abuse

MBSB as one of the smallest banks in malaysia, potential as target for banking M&As :)

Fresh push for banking M&As
M&A
Saturday, 15 Sep 2018

by gurmeet kaur and yvonne tan

Changes within the banking industry seem likely under new government

TWO decades since the 1997/98 Asian Financial Crisis (AFC), the regional banking landscape has changed much, especially in the last few years with the emergence of online and mobile banks, as well as peer-to-peer lending and payment practices.

In Malaysia, the number of main or anchor banks has remained pretty much the same despite there having been calls for further consolidation within the industry by many quarters, partly due to increasing competition.

Singapore has three main local banks – Development Bank of Singapore (DBS), Oversea Chinese Banking Corp (OCBC) and United Overseas Bank (UOB).

In Malaysia, there are eight.

Both countries, although vastly different in market type, have almost similar-sized economies with Singapore’s gross domestic product (GDP) at US$323.9bil and Malaysia’s at US$314.5bil, based on latest figures available.

For now, opinions are mostly divided on whether there are too many banks in Malaysia.

Related story:

Public Bank among the most expensive in the region

Unlock exclusive insights, analyses, and curated news on the economy on The Star Online's Business section with Starbiz Premium.


Read more at https://www.thestar.com.my/business/business-news/2018/09/15/fresh-push-for-banking-mas/#4fzY6WbYrGsKM7K4.99

Posted by 129055444514385 > 2019-01-25 15:06 | Report Abuse

A totally new entity with a bank now :)


Company Profile

Introduction
MBSB Bank Berhad formerly known as Asian Finance Bank Berhad (AFB) has been granted a license by Bank Negara Malaysia to undertake Islamic Banking business. MBSB Bank is regulated and supervised by Bank Negara Malaysia under the Islamic Financial Services Act, 2013.


Organization
MBSB Bank Berhad, a full-fledged Islamic Bank was incorporated on 28 November 2005 is a wholly owned subsidiary of Malaysia Building Society Berhad.

On 6 November 2017, MBSB entered into a Share & Purchase Agreement with the shareholders of Asian Finance Bank Berhad (“AFB/Vendors”) for the proposed acquisition by MBSB of the entire equity interest in AFB for an aggregate purchase consideration of RM644,952,807.66 to be satisfied by way of cash amounting to RM396,894,036.26 and the issuance of 225,507,974 Consideration Shares at an issue price of RM1.10 per Consideration Share (“the Acquisition”).

The Acquisition was approved by the shareholders’ of MBSB on 23 January 2018. The shareholders also approved the transfer of Shariah Compliant Assets and Liabilities of MBSB to AFB via a Members’ Scheme of Arrangement.

Pursuant to the abovesaid approval and upon completion of the transfer of shares and the payment of the balance of the purchase consideration to the Vendors, AFB became a wholly owned subsidiary of Malaysia Building Society Berhad on 7 February 2018.

AFB undertook a rebranding exercise and on 2 April 2018 it changed its name to MBSB Bank Berhad.

Posted by factorrumour > 2019-01-25 15:07 | Report Abuse

wah, suddenly so many copy pasting long news, what is going to happen? lol

support needed at rm 1.00, if not then not good, challenge rm 1 so many times already but cannot stay above

Posted by 129055444514385 > 2019-01-25 15:28 | Report Abuse

rising.... price level and volume.... this is a hidden jewel :)

Posted by 129055444514385 > 2019-01-25 15:36 | Report Abuse

Solid multi-racial top management team too :)

Executives
NAME/TITLE
Dato Ahmad Zaini Bin Othman
President/CEO
Tang Yow Sai
Senior VP/CFO
Lim Seong Soon
Senior VP:Risk Mgmt/CRO
Board Members
NAME/COMPANY
Tan Sri Dato Abdul Halim Bin Ali
Ybhg Datuk Syed Zaid Bin Syed Jaffar Albar
MALAYSIAN SECURITIES COMMISSION
Aw Hong Boo
MRCB-QUILL REIT

Posted by 129055444514385 > 2019-01-25 16:30 | Report Abuse

:)

Important Announcement:

Malaysia Building Society Berhad (MBSB) is the financial holding company of MBSB Bank Berhad, formerly known as Asian Finance Bank Berhad. For more information on financial products and services offered by MBSB Bank, kindly visit the website at www.mbsbbank.com

Malaysia Building Society Berhad (MBSB) adalah syarikat induk kepada MBSB Bank Berhad, dahulu dikenali sebagai Asian Finance Bank Berhad. Untuk maklumat lanjut berkenaan produk dan perkhidmatan kewangan yang ditawarkan oleh MBSB Bank, sila layari laman web di www.mbsbbank.com

Posted by Yippy68 > 2019-01-26 02:00 | Report Abuse

Many said MBSB lousy bank, some may agreed, i do not know is it the same person who condemned BIMB 10 years ago at below 1.00 , after three years, 2013,, it hit RM4.00 , those who believed has the last laugh with 300% gain., i am holding big unit of MBSB at below 1.00 to wait for the same story to repeat. i enjoy 5 sen dividend and look forward for the big day even has to wait for three years Mr Coldeye holding 33.8 million MBSB. there must be a reason. just my opinion.