Posted by sammj101286 > 2019-09-21 08:45 | Report Abuse

Wait until kingdom come.. Hehehe

Posted by Aisah AB > 2019-09-21 09:32 | Report Abuse

accumulate now

Posted by sammj101286 > 2019-09-21 10:30 | Report Abuse

Yippy68.. Your feedback is positive. If QR is good.. It will move up. Kingdom will come hopefully.

Posted by banking88 > 2019-09-21 13:33 | Report Abuse

most of the branches looked good and new but the staffs are more than the customers.hardly any walk-in customers.need a very long time unless you have a high level of patience

Posted by AllanTingAS > 2019-09-21 22:06 | Report Abuse

You are correct. It super slow on their service as i am regulary to visit the bank. Need to wait up to 40minutes even with 1 customer. but nowaday, their strategy change as they no longer offer highest FD rate.

Posted by goh188 > 2019-09-21 22:50 | Report Abuse

Rule #1 is avoid all bumi run companies. Rule #2 is not to forget rule #1 even how tempting all the figures and charts appear to be. I ain't racist but am a wealth protectors. Name me a successful bumi export company listed on bursa without some kind of 'help' from the govt.

Posted by mala173318 > 2019-09-23 12:57 | Report Abuse

New baby or old baby it will go low and low

Posted by Daily8 > 2019-09-23 17:23 | Report Abuse

I recalled the first time I went for their AGM. It was last quarter kind. Some of the audience were asking the Chairman some questions.

One Malay man came and asked the Chairman a few questions and his questions were concrete and it was a financial statement report related. He asked all good questions but was gaslighted by the old Chairman. I feel this isn't right.

Posted by Victor Yong > 2019-09-24 10:04 | Report Abuse

EPF controls mbsb with more than 60% shareholdings. Pretty safe , this stock

Posted by Victor Yong > 2019-09-24 10:04 | Report Abuse

Potential for merger with rhb in future, both controlled by epf

Posted by Victor Yong > 2019-09-24 10:06 | Report Abuse

Also potential for disposal by EPF, epf is just an institutional funds especially for Malaysian employees

Posted by sasword > 2019-09-24 10:52 |

Post removed.Why?

Posted by Victor Yong > 2019-09-24 10:56 | Report Abuse

Last 2 years, 5 Sen dividend, based on 85sen now, dividend yield is about 5.9% close to 6%+ given by EPF

Posted by Victor Yong > 2019-09-24 10:58 | Report Abuse

Maybe, EPF will raise the dividend of mbsb next year to match its dividend to EPF account holders :)

Posted by Victor Yong > 2019-09-24 11:15 | Report Abuse

Dividend ex date is June yearly. Now already September, if just 5 Sen as usual, dividend yield is more than 6%+ already. Don't miss the boat now

Posted by AllanTingAS > 2019-09-24 20:55 | Report Abuse

Waiting opportunity to entry!

Posted by Godofgambler > 2019-09-25 08:04 | Report Abuse

Mbsb is at super low....
Once become full retail bank...
Price maybe like cimb? Rhb bank?

Posted by Victor Yong > 2019-09-25 09:33 | Report Abuse

After becoming a 100% shariah compliant bank, I think the valuation of mbsb should be close to bimb :)



BIMB Financial Information
Market Capital (RM) 7.057b
Number of Share 1.764b
EPS (cent)* 42.95
P/E Ratio 9.31
ROE (%) 13.26
Dividend (cent)^ 15.500
Dividend Yield (%) 3.88
Dividend Policy (%) 50
NTA (RM) 3.240

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2018-12-31.

KUALA LUMPUR (June 11): Malaysia Building Society Bhd (MBSB) is undertaking an internal restructuring that will result in its wholly-owned banking subsidiary — MBSB Bank Bhd, formerly known as Asian Finance Bank Bhd — being the group's holding company within the next two years.

Its president and chief executive officer Datuk Seri Ahmad Zaini Othman (pictured) told reporters today that for that to happen, MBSB still has to convert its conventional assets worth about RM1 billion to Islamic assets, which make up about 10% to 12% of its asset portfolio.

"Under our business plan, Bank Negara [Malaysia] gives us about three years to collapse all the conventional assets," said Ahmad Zaini. MBSB Bank obtained its banking licence to undertake Islamic banking in April last year.


Once the group completes this internal restructuring, Ahmad Zaini said MBSB Bank will then have a full shariah-compliant certification or endorsement.

"This [will then also] open up a lot more opportunities for us, once it is a shariah-compliant stock, it is easier to attract more investors and investments," he said after the group's annual general meeting here today.

Posted by Victor Yong > 2019-09-25 09:47 | Report Abuse

Mbsb should be above net asset per share like bimb . Be patient :)

Posted by Victor Yong > 2019-09-25 11:42 | Report Abuse

Possible for mbsb to be privatised by EPF and relist after getting the full shariah compliant banking license in 2 years? :)

Posted by William Ng > 2019-09-26 08:10 | Report Abuse

I see no big potential to grow...

Posted by lim7722 > 2019-09-26 13:08 | Report Abuse

suck

Posted by Jeffreyteck > 2019-09-30 08:50 | Report Abuse

Off market done at below 80. Looks like more downside risk.

Posted by Keeninvestor11 > 2019-09-30 10:00 | Report Abuse

i think it is still cheap for bank share at this price. just bought some at 0.83 to average down my cost. Hopefully my investment yield good profit in long run. Cheers guys.

Posted by firehawk > 2019-09-30 10:14 | Report Abuse

Jeffreyteck, how to check the off market trading?

Posted by meistsk3134 > 2019-09-30 10:47 | Report Abuse

trap in this stock few year.

Posted by meistsk3134 > 2019-09-30 10:55 | Report Abuse

since they already merge and in the way ready for new strategy. yet they earning growing abit slowly. give them time

Posted by sammj101286 > 2019-09-30 11:12 | Report Abuse

Even 0.74 sen is considered expensive lehp

Posted by Keeninvestor11 > 2019-09-30 11:25 | Report Abuse

i have invested this counter for 2 years plus. Collected 2 times dividend. If dont look at share price, the dividend yield is 5% plus. Better than fixed deposit. Anyway, this is my personal view only.

Posted by Jeffreyteck > 2019-09-30 14:09 | Report Abuse

Firehawk, it was reported in newspapers.

https://www.thestar.com.my/business/business-news/2019/09/27/mbsb-sees-46m-shares-crossed-at-sharp-discount

Posted by Anon > 2019-09-30 14:22 | Report Abuse

fair value for small cap bank PEx10 equal to 70sen.

Posted by firehawk > 2019-09-30 14:48 | Report Abuse

Jeffreyteck, Thanks!

Posted by Hustle > 2019-09-30 14:55 | Report Abuse

EPF members can summit the pink form if want discount price at nearest branch

Posted by AllanTingAS > 2019-09-30 22:08 | Report Abuse

Anon, very difficult to get 0.70! My enter target is below 0.80 after sold at 0.90

Posted by Anon > 2019-10-01 09:00 | Report Abuse

Why someone willing to sold his share below market price of more than 10%? I believe there must be something bad going to happen which only insider know what going to happen soon.
Look like price will futher dive down, how dive it can go? 73sen or below really no idea.

Posted by Hustle > 2019-10-01 11:16 | Report Abuse

Too much bumi lot loan unable to settle end up become the final property owner can see that from the nta.

Posted by Johnfatt > 2019-10-01 16:17 | Report Abuse

current FD interest only 3.15 if you put your money here you may get at least 5% yield and possible capital gain why not?

Posted by AllanTingAS > 2019-10-01 22:33 | Report Abuse

OK. Will keep monitoring. No harm to wait!

Posted by tomtom > 2019-10-02 09:59 | Report Abuse

No harm, but day day low.. EPF also not helping...

Posted by tomtom > 2019-10-02 12:00 | Report Abuse

yean, get 5% ? but It has already dropped more than 10%...and still keep on dropping .

Posted by AllanTingAS > 2019-10-02 21:59 | Report Abuse

Cause i sold half and waiting right point to enter.

Posted by Johnfatt > 2019-10-04 10:19 | Report Abuse

dumb dumb the price dropped because of DRP, you know what price ex- shareholder bought? If you enter at current price then forget about previous price, because calculation is done based on current price. Of course, my only concern is why there was hug block of shares transacted below market price recently.

Posted by Anon > 2019-10-04 14:36 | Report Abuse

Storm is coming

Posted by PenguinDad > 2019-10-05 07:59 | Report Abuse

if interest rate cut again then we should see 70sen

Posted by Yam13 > 2019-10-07 13:50 | Report Abuse

results this year will show MBSB as a true consumer banking giant in Malaysia.

Posted by Pradeep Kumar > 2019-10-07 20:23 | Report Abuse

Yam13 why you said this year will show MBSB will be a giant I am sure you got your reasons can you share with us.

Posted by mala173318 > 2019-10-08 07:40 | Report Abuse

Lousy stock for this year.wait for 70

Posted by Keeninvestor11 > 2019-10-09 14:48 | Report Abuse

just collected some at 0.82 , hopefully price can go back to RM 1 and above next year.

Posted by RedEagle > 2019-10-09 19:23 | Report Abuse

Buying momentum detected..

Posted by TheContrarian > 2019-10-09 23:57 | Report Abuse

I think 3 years ago I bought at 69 sen.