Posted by Yippy68 > 2019-05-16 05:37 | Report Abuse

5 sen dividend / 0.90 you get 5.55%
5 sen dividend / 0.70 you get 7.14 %
5 sen dividend /0.50 you get 10 % ,.FYI, Bank FD now drop to 3.6 %

dividend pay out , scheduled next month, everyone kindly pray hard for it to drop to 30 sen before ex, ,.but make sure you do have MBSB share in hand to sell. sound like a joke, hahaha

Posted by DollyLucky > 2019-05-16 06:21 | Report Abuse

Snafu bank

Posted by Jeffreyteck > 2019-05-16 07:05 | Report Abuse

Still supported strongly?

Posted by optimusprime88 > 2019-05-16 07:40 | Report Abuse

this bank used to "cuci duit" for government lah.

dont compare this lousy bank with maybank, Bimb, Rhb. EPF their investment teams are suck.

They all eat shit for damn long time

Posted by optimusprime88 > 2019-05-16 07:40 | Report Abuse

more downside, PE x 10 equal to 70 sen la

fxxk MBSB management

Posted by optimusprime88 > 2019-05-16 09:19 | Report Abuse

fair value 70sen la

Posted by optimusprime88 > 2019-05-16 09:23 | Report Abuse

PE more than 14 now
fair PE for small cap bank is below 10

at this level damn expensive!

fxxk MBSB management

Posted by 129055444514385 > 2019-05-16 11:59 | Report Abuse

Announcement on dividend, either this month or next month.... hopefully bonus share will also be given haha


25-Jun-2018 05-Jul-2018 DIVIDEND Final Dividend (with Dividend Re-Investment Plan) RM 0.05 Dividend Detail
12-May-2017 24-May-2017 DIVIDEND Final Dividend RM 0.03 Dividend Detail
09-Jun-2016 21-Jun-2016 RIGHTS_ISSUE Rights Issue 1 : 1 Dividend Detail
05-May-2016 17-May-2016 DIVIDEND Final Dividend RM 0.0300 Dividend Detail
15-Apr-2015 27-Apr-2015 DIVIDEND Final Dividend RM 0.1 Dividend Detail
15-Apr-2015 27-Apr-2015 DIVIDEND Special Dividend RM 0.02 Dividend Detail
22-Apr-2014 06-May-2014 DIVIDEND Final Dividend RM 0.05 Dividend Detail
10-Dec-2013 23-Dec-2013 RIGHTS_ISSUE Rights Issue 1 : 2 Dividend Detail
22-Oct-2013 01-Nov-2013 DIVIDEND Interim Dividend 5% Dividend Detail
17-Apr-2013 14-May-2013 DIVIDEND Final Dividend 9% Dividend Detail
17-Apr-2013 14-May-2013 DIVIDEND Special Dividend 18% Dividend Detail
30-Aug-2012 19-Sep-2012 DIVIDEND Interim Dividend 6% Dividend Detail
13-Mar-2012 12-Apr-2012 DIVIDEND Final Dividend 7% Dividend Detail
02-Aug-2011 15-Aug-2011 DIVIDEND Interim Dividend 5% Dividend Detail
21-Apr-2011 04-May-2011 RIGHTS_ISSUE Rights Issue 5 : 7 Dividend Detail
08-Mar-2011 05-Apr-2011 DIVIDEND First and Final Dividend 9% Dividend Detail
06-Apr-2010 04-May-2010 DIVIDEND First and Final Dividend 4% Dividend Detail
06-Apr-2009 04-May-2009 DIVIDEND First and Final Dividend 3% Dividend Detail
12-May-2008 03-Jun-2008 DIVIDEND First and Final Dividend 4% Dividend Detail
23-May-2007 14-Jun-2007 DIVIDEND First and Final Dividend 3% Dividend Detail
02-May-2006 24-May-2006 DIVIDEND First and Final Dividend 2.5% Dividend Detail
06-May-2005 02-Jun-2005 DIVIDEND First and Final Dividend 2% Dividend Detail
26-Aug-1999 14-Oct-1999 DIVIDEND Interim Dividend 1.5% Dividend Detail

Posted by 129055444514385 > 2019-05-16 12:02 | Report Abuse

if dividend is 5sen like last year to be announced this or next month, the net purchase share price is even lower than 52-week low after GE14.......... grab some while others are fearful haha

52 Weeks Range: 0.89 - 1.25

Posted by 129055444514385 > 2019-05-16 12:07 | Report Abuse

target prices by analysts still positive :)

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
16/05/2019 0.945 1.25 +0.305 (32.28%) BUY MIDF
16/05/2019 0.95 1.15 +0.20 (21.05%) BUY KENANGA
16/05/2019 0.945 1.15 +0.205 (21.69%) BUY AmInvest

Posted by 129055444514385 > 2019-05-16 12:09 | Report Abuse

EPF is still holding 63%+ of mbsb tightly since 2018.... :)

[MBSB] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD on 09-Aug-2018
Stock [MBSB]: MALAYSIA BUILDING SOCIETY BHD
Announcement Date 09-Aug-2018
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD
Details of Changes:
Currency -
Date of Change Type Number of Shares
06-Aug-2018 Acquired 190,396,027
Registered Name CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares ORDINARY SHARES
Reason Shares derived from Dividend Reinvestment Plan
Total no of securities after change
Direct (units) 4,074,474,995
Direct (%) 63.77
Indirect (units) 0
Indirect (%) 0.00
Total (units) 4,074,474,995
Total (%) 63.77
Date of Notice 07-Aug-2018

Posted by 129055444514385 > 2019-05-16 12:11 | Report Abuse

another major shareholder is still holding about 9% of mbsb tightly since 2016... takut apamu :)

[MBSB] Change In Substantial Shareholder's Shareholding - TAN SRI DATO' CHUA MA YU on 01-Aug-2016
Stock [MBSB]: MALAYSIA BUILDING SOCIETY BHD
Announcement Date 01-Aug-2016
Substantial Shareholder's Particular:
Name TAN SRI DATO' CHUA MA YU
Details of Changes:
Currency Malaysian Ringgit (MYR)
Date of Change Type Number of Shares
27-Jul-2016 Acquired 347,965,000
Description Rights subscription
Nature of Interest Direct Interest : 111,672,450 Indirect Interest : 236,292,550
Shares ORDINARY SHARES OF RM1.00 EACH
Reason Subscription of Rights Issue.
Total no of securities after change
Direct (units) 218,344,900
Direct (%) 3.77
Indirect (units) 301,518,750
Indirect (%) 5.20
Total (units) 519,863,650
Total (%) 8.97
Date of Notice 01-Aug-2016

Posted by 129055444514385 > 2019-05-16 12:24 | Report Abuse

ECL is just a provision, it is adjusted based on the economic factors :)

Comparing ECL of 1Q19 and 4Q18, the increase in ECL was mainly due to:

The Group cost to income ratio for 1Q19 of 26.3% slightly improved compared to 26.7% (1Q18) and slightly regressed compared to 25.2% (4Q18). Nevertheless, the ratio remains well below the industry's average of 48.6%.
higher ECL charge for Corporate customers in stage 1 and stage 2.
The Group profit before tax for 1Q19 decreased by 71.7% and 27.0% compared to 1Q18 and 4Q18 respectively. The decrease was mainly due to higher ECL in the current quarter.
Comparing ECL of 1Q19 and 1Q18, the increase in ECL was due to 1Q18 recorded writeback as a result of staging improvement from stage 2 to stage 1.
unfavourable forecast of forward looking macroeconomic factor applied to household sector portfolio which increased lifetime ECL for stage 2 impairment. higher non-performing financing from household sector portfolio which increased ECL for stage 3 impairment.

Posted by 129055444514385 > 2019-05-16 12:28 | Report Abuse

right issue in 2016 also RM1 per share, tau gak? murah lagi sekarang :)

Rights Issue on 09-Jun-2016
Stock [MBSB]: MALAYSIA BUILDING SOCIETY BHD
Announcement Date 09-Jun-2016
Financial Year 31-Dec-2016
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 2,899,387,079 NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "COMPANY") ("MBSB SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING MBSB SHARE HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 24 JUNE 2016 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.59 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.41 IS TO BE CAPITALISED FROM MBSB'S SHARE PREMIUM ACCOUNT ("RIGHTS ISSUE")
Amount 1 : 1
Ex Date 21-Jun-2016
Entitlement Date 24-Jun-2016

Posted by apolloang > 2019-05-16 12:31 | Report Abuse

0.59cts only rights issue in 2016

Posted by westworld44 > 2019-05-16 13:08 | Report Abuse

@optimusprime88 go f××k yourself. hahahahaha

Posted by Good123 > 2019-05-16 14:04 | Report Abuse

epf 63%+ , chua about 9%, who dares to short mbsb shares? :)

Posted by Good123 > 2019-05-16 14:06 | Report Abuse

mbsb is 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 Good123 > 2019-05-16 14:10 | Report Abuse

Press Releases

24 April 2019

MBSB Bank launches PrimeWin RM1,000,000 CASA-i Campaign

19 July 2018

LPPSA and MBSB Bank MoU signing ceremony on the joint financing scheme for first home buyers

20 June 2018

MBSB Bank Berhad Contributes RM1,000,000 to Tabung Harapan Malaysia

19 May 2018

MBSB Bank Ramadhan Cheer at Rumah Pengasih Warga Perihatin (RPWP)

28 April 2018

MBSB Bank Obtained Treasury System From FIS Asia Pacific

17 April 2018

Signing Ceremony Between MBSB Bank and Cagamas SRP

2 April 2018

Asian Finance Bank Transforms to MBSB Bank

Posted by optimusprime88 > 2019-05-16 14:10 | Report Abuse

sohai, u mind sick ah?

i know u hold ton of lots in the counter

pls no hard selling la

this kind of result still consider good?

dont trap people la

Posted by optimusprime88 > 2019-05-16 14:11 | Report Abuse

5 sen dividend of course every one happy

but i do believe only sohai will buy at this level to chase for 5 sen dividend

Posted by optimusprime88 > 2019-05-16 14:12 | Report Abuse

PEx 10 fair value equal to 70 sens

wat kind of black heart u have to trap people to buy now for that u can offload your share to others?

fxxk u!

Posted by Good123 > 2019-05-16 14:13 | 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

Posted by Good123 > 2019-05-16 14:14 | Report Abuse

:)

Company Profile
MBSB History in Brief
The origin of Malaysia Building Society Berhad (MBSB) can be traced back to the Federal and Colonial Building Society Limited incorporated in 1950. In 1956, it changed its name to Malaya Borneo Building Society Limited (MBBS), with the Malaysian government as its major shareholder.

MBBS was then listed on the Stock Exchange of Malaya and Singapore in August 1963. The company became an incorporation in Malaysia under the Companies Act 1965 on 17 March 1970, before it was listed on the Kuala Lumpur Stock Exchange now Bursa Malaysia on 14 March 1972. The Employees Provident Fund (EPF) is currently the holding entity of MBSB.

MBSB Corporate Highlights
MBSB has been granted with an exemption under Section 7(4) of the Borrowing Companies Act 1969 (BCA).
As a result of the change from BCA to Finance Companies Act (FCA), all references to borrowing business and borrowing company were to be construed respectively as finance business and finance company.
The FCA was later repealed by Banking and Financial Institutions Act 1989 (BAFIA)
The BAFIA has been repealed and replaced with FSA 2013
On 6 November 2017, MBSB entered into the 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 23rd 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 MBSB on 7 February 2018.

Posted by optimusprime88 > 2019-05-16 14:15 | Report Abuse

this lousy bank damn seldom go above rm1

if luckily go beyond rm1 also it wouldn't sustain long.

if u IB target price to trade, then i believe u already go to Holland very long long time ago

first day in share market ah? IB target price also can follow?

Posted by optimusprime88 > 2019-05-16 14:17 | Report Abuse

with this kind of bad sentiment market n such damn bad result, u still asking people to buy at this level??

what kind of black heart u have?

fxxk u!

Posted by optimusprime88 > 2019-05-16 14:18 | Report Abuse

market sentiment bad
bad result

no positive news (dividend consider good news???)

fxxk la u!

Posted by Good123 > 2019-05-16 14:22 | Report Abuse

ECL ini cuma jangkaan, ia sentiasa berubah setiap masa :)
MBSB ACHIEVED PROFIT BEFORE TAX (PBT) OF RM115.86 MILLION
FOR FIRST QUARTER 2019
Kuala Lumpur, 15 May 2019– MBSB Group today announced its financial results for the first
three (3) months ended 31 March 2019 (1Q19).
 Revenue of RM784.04 million increased by 4.49% from RM750.35 million quarter on
quarter (“q-o-q”)
 Total assets grew by 2.12% y-o-y and 4.41% q-o-q to RM47.43 billion
 Deposits increased by 5.82% to RM34.70 billion compared to RM32.79 q-o-q
 Net Operating Income increased by 9.39% q-o-q and 5.54% y-o-y to RM268.88 million
from RM245.81 million and RM254.77 million
 Profit Before Tax (PBT) recorded at RM115.86 million declined 26.96% from
RM158.62 million q-o-q
 Gross loans and financing of RM35.44 billion is consistent with RM35.17 billion q-o-q
 Gross impaired loans, financing and advances coverage ratio improved to 114.47%
compared to 106.03% q-o-q
MBSB’s revenue grew by 4.49 % to RM784.04 million (1Q19) compared to RM750.35 million
recorded in 4Q18. This is mainly contributed by financing and investment in financial
instruments from Islamic banking operations. Profit Before Tax (PBT) saw a 26.96% decline to RM115.86 million (1Q19) compared to
RM158.62 million (4Q18) and 71.68% compared to RM409.16 million (1Q18). Correspondingly,
the group’s Profit After Tax (PAT) declined by 28.93% to RM83.83 million compared to
RM117.96 million (4Q18) and 73.53% compared to RM316.79 million (1Q18) due to higher
expected credit losses (ECL).
On the group’s performance, Group President and Chief Executive Officer, Datuk Seri Ahmad
Zaini Othman commented, “Despite the on-going challenges including the impact of higher
expected credit losses, we are registering stable growths in revenue, net operating income and
still maintained a cost to income ratio of 26.34% which is below the industry average."
Net income is recorded at RM365.03million (1Q19) an improvement by 11.12% from
RM328.51 million (4Q18) and 5.01% from RM347.63 million (1Q18). Group Deposits stood at
RM34.70 billion (1Q19), a 5.82% growth compared to RM32.79 billion recorded in 4Q18. Capital
position remains strong as CET-1 Capital Ratio stood at 20.95% as at 31 March 2019, standing
well above Bank Negara Malaysia’s prescribed ratio of 7.0%. Liquidity coverage ratio (“LCR”)
stood at 228.18% (1Q19) from 210.33% (4Q18).
Gross loans and financing is recorded at RM35.44 billion, consistent with RM35.17 billion
recorded in 4Q18. Total assets grew by 2.12% to RM47.43 billion compared to RM46.45 billion
(1Q18) and by 4.41% compared to RM45.43 billion (4Q18), contributed from investments in
financial instruments portfolio under Global Markets Division.
Business expansions in the corporate segment continued to improve the asset composition ratio
between retail and Corporate to 74:26 compared to 75:25 (4Q18), progressively moving towards
the Group’s target of 60:40 by year 2020. Return on Assets (ROA) recorded at 0.72% (1Q19) declined compared to 1.42% recorded in
4Q18 and 2.78% (1Q18). Return on Equity (ROE) trended downwards at 4.28% compared to
8.62% (4Q18) and 17.29% (1Q18). Net Profit Margin (“NPM”) stood at 3.01% (1Q19), consistent
with 3.06% (4Q18) and 3.05% (1Q18)
Cost to income ratio (“CIR”) improved to 26.34% (1Q19) compared to 26.71%(1Q18) but slightly
regressed compared to 25.17% (4Q18). Nevertheless, the CIR remains well below the
industry’s average of 48.6%.
On this, Datuk Seri Ahmad Zaini said “The rise in cost is expected as we have been developing
and integrating our banking platform for the first few months of the year, enabling us to provide
enhanced products and services and staying competitive in the industry. However, we managed
to keep our CIR below 30%”
Net impaired financing ratio (“NIFR”) stood at 2.11% (1Q19) an improvement compared to
2.39% (4Q18) but regressed compared to 1.82% (1Q18). The improvement is due to lower
gross impaired financing. Gross impaired loans, financing and advances coverage ratio is
recorded at 114.47% (1Q19), from 106.03% (4Q18), providing sufficient provision for impaired
financing.
On 2019 outlook, Datuk Seri Ahmad Zaini said “While the Malaysian economic condition
remains challenging, we will remain focused in expanding our banking capabilities. With this, the
bank’s technology transformation shall continue to be in the centre stage. On another front, we
also aim in increasing our fee income based activities to make up 35% of its income by end of
2020.”

Posted by Good123 > 2019-05-16 14:23 | Report Abuse

expected to rebound strongly by day-end. amin

Posted by mala173318 > 2019-05-16 14:40 | Report Abuse

wait another 5 year to reach rrm1 haha

Posted by Good123 > 2019-05-16 14:48 | Report Abuse

those who dont understand ECL which is just an expectation or provision that changes all the times will sell to those who knew what is ECL HAHA

Posted by Jeffreyteck > 2019-05-16 14:51 | Report Abuse

PE is double of Affin.

Posted by optimusprime88 > 2019-05-16 15:06 | Report Abuse

sohai give is some fxxkng reason why the price can recover soon?

any fxxking good news or just your own prediction??

haha haha haha

Posted by optimusprime88 > 2019-05-16 15:07 | Report Abuse

fair value PEx 10 equal to 70sen

Posted by Good123 > 2019-05-16 15:25 | Report Abuse

smaller banks like mbsb , affin potential targets for M&A. for mbsb even easier epf plus chua already hold 70%+

Posted by Good123 > 2019-05-16 15:26 | Report Abuse

nobody dares to short sell mbsb, epf and chua are cash rich ... siapa shortsell dia mati

Posted by Good123 > 2019-05-16 15:28 | Report Abuse

dividend for 2019 will be announced this month or next month... last year 5sen... now 94sen.... after receiving dividend, note purchase now is about 90sen only... value buy....

Posted by Good123 > 2019-05-16 15:29 | Report Abuse

ECL untuk banks, sentiasa up and down , next quarter pulak positive... haha

Posted by optimusprime88 > 2019-05-16 15:39 | Report Abuse

sohai good123, everyone la dividend will be given yearly so this is not a fresh good news for loyalty investors

U are asking people to chase for this level what kind of black heart u have

Posted by optimusprime88 > 2019-05-16 15:41 | Report Abuse

why not we wait for 85 sen n collect. by that level, dividend rate will be more attractive

We understand u hold ton of lots in this counter

Pls no hard sell

wakakakakaka

god bless u

btw, chart look damn bearish

Posted by 129055444514385 > 2019-05-16 15:41 | Report Abuse

one quarter fluctuation due to ECLyang sentiasa berubah means nothing... revenue and net operating income are growing continuously

MBSB ACHIEVED PROFIT BEFORE TAX (PBT) OF RM115.86 MILLION
FOR FIRST QUARTER 2019
Kuala Lumpur, 15 May 2019– MBSB Group today announced its financial results for the first
three (3) months ended 31 March 2019 (1Q19).
 Revenue of RM784.04 million increased by 4.49% from RM750.35 million quarter on
quarter (“q-o-q”)
 Total assets grew by 2.12% y-o-y and 4.41% q-o-q to RM47.43 billion
 Deposits increased by 5.82% to RM34.70 billion compared to RM32.79 q-o-q
 Net Operating Income increased by 9.39% q-o-q and 5.54% y-o-y to RM268.88 million
from RM245.81 million and RM254.77 million

Posted by Johnfatt > 2019-05-16 15:47 | Report Abuse

whatever it is, time will tell. End of the day, if you are not on board it is non of your business. maybe your life has nothing better to do, people here to exchange information not talking crab. Eventually you are just a poor boy who busy putting comments without buying.

Posted by laosai > 2019-05-16 16:04 | Report Abuse

If got RI again buy after RI cheaper.

Posted by laosai > 2019-05-16 16:12 | Report Abuse

Property market very bad how can MBSB be good?

Posted by DollyLucky > 2019-05-16 16:38 | Report Abuse

Still like in the milking period like an infant.

Posted by optimusprime88 > 2019-05-16 16:43 | Report Abuse

who care how many lots you bought sohai

but pls don't hard sell la

most of the retailers not like u as a damn mother fxxker now get stuck already

so pls keep your asshole mouth off la

no hardsell pls

wakakakakaka

Posted by Yeoh Andy > 2019-05-16 18:41 | Report Abuse

I hope to purchase below 0.90

Posted by Pradeep Kumar > 2019-05-16 23:11 | Report Abuse

Some parties here do not have manners. Feel very sad happen to be Malaysian. Guys nothing to worry. MBSB is a good fundamental stock.

Posted by klchai123 > 2019-05-17 07:35 | Report Abuse

I think we should share opinions in this forum for mutual benefits. There bound to be differences in opinions. No need to .....

Posted by Pradeep Kumar > 2019-05-17 09:35 | Report Abuse

Kichai123 I agree with you