Posted by Jeffreyteck > 2019-09-01 08:34 | Report Abuse

No div is as good as no profit in ST as subsequent Q down may back to status quo or even worst. Amidst potential rate cut, global environment remains uncertain, outflows of foreign fund, domestic challenges, ST 75.

Posted by calvintaneng > 2019-09-01 09:53 | Report Abuse

Yes sammj

Focus pointed Mbsb Bank as the superior small growth bank that has moved to 1st position now, overtaking Public Bank at 3rd place

Islamic loan growth is over 10% compared to conventional loan growth at about 3%.
That means that Islamic banks like mbsb is growing 3 times faster than conventional banks

So we are right on target

As profits accelerate upward expect dividends payout to also increase from 6 % now to even better rates in years ahead

Mbsb Bank might well be a Cash pillar like mnrb and mni were in their haydays paying out superior dividends above 10% annually

Posted by calvintaneng > 2019-09-01 17:31 | Report Abuse

Focus my people I heard came out from the edge.

They get gathered the statistics but we have to do our own research

As for sumatech Calvin already gave warning as it is a trap or sudah trap for those who didn't listen

All along there were those who always oppose Calvin

They said, "When Calvin tells you to buy you must sell and run. And when Calvin tells you to sell you must do the opposite... You must buy instead."

This blind opposing behaviour have led them to buy Utusan and sold Uzma.

Utusan now bankrupt and closed shop

Posted by calvintaneng > 2019-09-01 20:10 | Report Abuse

Dragon,

I already stated the good points about Talam

1. At 4 sen Talam Boss bought lots of Talam at 9 sen by private deal with ijm and keuro so it is very good bargain value buy at 4 sen

2. Talam pp was taken up at 4.5 sen
So anything at 4 sen or 3.5 sen Talam is a bargain

3. Pp was used to complete Seroja Apt in Dengkil for outright sake by October 2019

4. After selling Seroja Apt Talam should continue to pare down debt and then become debt free

5. Finally when Talam declares a dividend market will sit up and chase Talam shares over 10 sen or more

So just continue to add Talam on weakness
I recently added Talam shares on weakness at 3.5 sen

For now I have discovered this great turnaround stock called Mbsb Bank

Last time in 1995/96 when Public Bank bought into greater China expansion market sold down public bank shares to a low of Rm5. 60 because they thought public bank got a bad deal by overpaying for China expansion

How wrong they were. Public Bank then surged 300% to over Rm20. 00

Now due to fear of high capex buying Asia finance Bank people also sold down mbsb to a low of 82 sen

I see great opportunity now in mbsb bank as it has gained an edge in securing low cost of capital for its operations

Low cost of goods or capital is paramount to success

Walmart succeeded by buying lower cost China goods to sell in Usa

IKEA designs and manufactures its products at lowest cost countries and sell them direct to consumers

Amazon, tabao, alibaba and lazada help people to bypass middlemen and buy direct from primary producers and save 30% to 80%

This stretagy of securing low cost and compete effective head on with competition successfully is the secret of success in all business Enterprize

That is why mbsb is now

Must
Buy
Sure
Buy

Posted by RedEagle > 2019-09-03 08:26 | Report Abuse

PBT 534m (6months 2018) vs 254m (6months2019).. 90sen or 80sen this week?

Posted by RedEagle > 2019-09-03 09:01 | Report Abuse

Limit Up or Down?

Posted by freddiehero > 2019-09-03 09:01 | Report Abuse

wah lau eh.. wan fly liao?

Posted by calvintaneng > 2019-09-03 09:40 | Report Abuse

This one can hold like holding public bank

Dividend last time for mbsb was as high as 10%

Now that Mbsb has been transformed to

Mbsb Bank

Expect dividend to go up back to 10%

In those good years of 2005/6

Both mni (Malaysia national insurance) & mnrb were giving 10% dividends

They were pillars for dividend loving shares of my Johor Sifu

Hopefully, this mbsb Bank will be a dividend pillar in our investments for years to come

Now already got 6%

So to go up another 4% to 10% should not be too difficult

Posted by Anon > 2019-09-03 10:27 | Report Abuse

eps 1.67. fair value for small cap should be pe x 10 equal to 70sen. At of this level the price still overvalued.

Posted by calvintaneng > 2019-09-03 12:15 | Report Abuse

Warren Buffet said you should not just base valuation on past results

Like you don't look back at the rear view mirror when driving

You must look at future results

After mbsb turns into Mbsb Bank there will be a difference in earnings

Posted by Johnfatt > 2019-09-03 15:23 | Report Abuse

Anon you remind me of opimusprime88 -_-

Posted by calvintaneng > 2019-09-03 16:59 | Report Abuse

That was then. Mb society bhd

Now is now. Mbsb Bank

If you don't know the difference better go live in a cave

Posted by RedEagle > 2019-09-03 21:11 | Report Abuse

Failure Promoter..ermm

Posted by Bulat > 2019-09-03 22:20 | Report Abuse

Today just show a little

Posted by Bulat > 2019-09-03 22:20 | Report Abuse

Tmr show .....

Posted by 4444 > 2019-09-04 02:50 | Report Abuse

Agree. Sell is right.

Anon eps 1.67. fair value for small cap should be pe x 10 equal to 70sen. At of this level the price still overvalued.
03/09/2019 10:27 AM

Posted by calvintaneng > 2019-09-04 09:56 | Report Abuse

Good morning to a good new Dawn for Mbsb

Mbsb Bank gives out loans just like Rcecap and Aeon credit to B40.

Like Rcecap which give out consumer loans to Govt servants by salary deduction Mbsb also doing the same with secured personal loans

But Mbsb Bank has an advantage over Rcecap and Aeon credit because last time all 3 borrowed funds from Tier 1 Banks now Mbsb Bank has emerged as a full fledged deposit taking bank at lower interest cost

Other good factors are

1. Most B40 don't know how to invest in stock market. So most of cash will be kept in banks.
With promotion of lucky draws by mbsb bank now it has increased Bank deposits by Rm4 billions

2. And as most banks now unable to meet demands for loans in housing market Mbsb Bank has great room for growth with it's cash infusion from being a deposit taking banks

So on 2 fronts mbsb stands out 1. Increase in Fund Size

2. Wide customer base needing loans

So happy all

Posted by mala173318 > 2019-09-04 17:21 | Report Abuse

Profit also cannot go up

Posted by oskchoon > 2019-09-05 13:59 | Report Abuse

Good day Mr. Calvintan, sinch MBSB having cash of 2,444.52 mil,short term loan of 56.77 mil and long term loan is zero. Debt to cash is only 0.02 %, is all these figures from Stock Hunter is true for 30 June Report.
Any plan by MBSB to use this cash reserve for future plan.....

Posted by calvintaneng > 2019-09-05 14:03 | Report Abuse

Posted by oskchoon > Sep 5, 2019 1:59 PM | Report Abuse

Good day Mr. Calvintan, sinch MBSB having cash of 2,444.52 mil,short term loan of 56.77 mil and long term loan is zero. Debt to cash is only 0.02 %, is all these figures from Stock Hunter is true for 30 June Report.
Any plan by MBSB to use this cash reserve for future plan.....

IMMEDIATE PLAN IS TO REFURBISH ALL ASIAN FINANCE BANK BRANCHES INTO SPARKLINGLY NEW MBSB BANK TO TAKE ON ALL OTHER TIER 1 BANKS

Posted by oskchoon > 2019-09-05 14:34 | Report Abuse

Thank you Mr. Calvintan,do you foresee any future bonus issue from MBSB to reward loyal investors...

Posted by calvintaneng > 2019-09-05 15:13 | Report Abuse

Oskchoon

I looking forward to dividends from mbsb bank more than bonus

Bonus is like cutting the cake in smaller pieces whereas dividend is real cash that can be used

Posted by calvintaneng > 2019-09-05 15:39 | Report Abuse

Mbsb bank has business model like rcecap and aeoncredit

Lending to b40 at higher interest rates

BUT mbsb bank has an edge because capital cost of mbsb Bank is lower than rcecap and aeoncredit

Mbsb Bank receives cash deposit from Malaysian public whereas rcecap and aeon credit borrows from Tier 1 banks who receive deposits

So mbsb cuts out middlemen by acquiring a bank license

Posted by mala173318 > 2019-09-06 21:16 | Report Abuse

calvin then why the share cannot go up sleeping there and test lower and lower.hahaha for almost 2 years

Posted by JQ > 2019-09-06 23:19 | Report Abuse

Why can't perform? I think need cut loss ?

Posted by Godofgambler > 2019-09-07 14:23 | Report Abuse

This bank every year give dividen... Anytime will go up

Posted by calvintaneng > 2019-09-07 21:04 | Report Abuse

Mala
2 years ago mbsb only a society but now a Bank
So from here there is a change

Posted by Godofgambler > 2019-09-07 21:05 | Report Abuse

Dont worry la..coming years Rm1.50 possible

Posted by mala173318 > 2019-09-08 09:14 | Report Abuse

hahaha

Posted by freddiehero > 2019-09-08 11:18 | Report Abuse

wah lau eh.. so early wan fly liao?

Posted by Godofgambler > 2019-09-09 02:20 | Report Abuse

More institutions are buying into mbsb

Posted by Yam13 > 2019-09-12 17:16 | Report Abuse

Push this counter up tomorrow

Posted by Yam13 > 2019-09-13 15:47 | Report Abuse

Common let start pushing the counter higher. Too long not moving, potential to be a big surprise bank counter 2019

Posted by Yam13 > 2019-09-13 15:48 | Report Abuse

Now it is a full fledged bank - Start report...

Posted by 1957590940918706 > 2019-09-13 15:48 | Report Abuse

Slowly moving up

Posted by Yam13 > 2019-09-13 21:36 | Report Abuse

MBSB can be a rising star soon.. Full consumer/core banking functionality will only showcase the bank more. Look out for more outlets and online banking

Posted by sammj101286 > 2019-09-14 12:40 | Report Abuse

Yam13.. Right on! Number of shares floating around are limited.. Easier to push higher!! Don't sell if not 0.95+ sen lol

Posted by Yam13 > 2019-09-16 09:51 | Report Abuse

Tuesday stock index open , let all of us support this counter. Knock on impact if MBSB spent on Digital and IT, we all stand to gain

Posted by RainT > 2019-09-16 18:25 | Report Abuse

profit roller coaster

since 1 year share price stuck in same range

buy MBSB better i buy Hong leong bank, maybank, cimb bank , public bank

Posted by freddiehero > 2019-09-16 19:04 | Report Abuse

tis is good counter.. waiting miracle

Posted by mala173318 > 2019-09-16 22:07 | Report Abuse

well said raint.if we wait another year also same will be stuck here....share price should reflect how good is the .......

Posted by Anon > 2019-09-17 07:47 | Report Abuse

foresee to be another Maybank.

Posted by Godofgambler > 2019-09-17 09:21 | Report Abuse

Mbsb will be like Rhb bank one day

Posted by sammj101286 > 2019-09-17 11:06 | Report Abuse

Even half of Bimb will be GREAT!!! Similar

Posted by really88w > 2019-09-17 13:08 | Report Abuse

will fly later
letss see

Posted by Yam13 > 2019-09-17 20:34 | Report Abuse

agree. MBSB is the sleeping giant , hopefully the trend is positive with all the support

Posted by Daily8 > 2019-09-17 22:28 | Report Abuse

Which part is sleeping giant? One of the lousiest bank and slow like turtle kind of bank. Look at RHB, Affin, BIMB...all already cut MBSB.

Management need to change. No change and keep dragging only mean feeding the management and Directors all fat.

Posted by Daily8 > 2019-09-17 22:40 | Report Abuse

BIMB 3.95.
Affin 2.00
RHB 5.68

ehhhh, MBSB 0.855 Bank woh....less than 1.00??

How can?

Patutlah Fong Siling sell all.

Posted by Daily8 > 2019-09-17 22:46 | Report Abuse

Profit compared to last qr drop 54%. Which part is good?

Posted by magic01 > 2019-09-18 19:11 | Report Abuse

Its time to buy MBSB. Definitely will grow. Dont miss this opportunity.