MBSB BERHAD

KLSE (MYR): MBSB (1171)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.735

Today's Change

0.00 (0.00%)

Day's Change

0.725 - 0.74

Trading Volume

2,025,300


30 people like this.

22,735 comment(s). Last comment by ks55 2 days ago

Posted by remomama1994 > 2020-03-13 09:30 | Report Abuse

Now i realise hw important fixed deposit is :(

Posted by NoHopeMedia > 2020-03-16 16:34 | Report Abuse

Investment seem is reduce our saving.
Should put in FD . At least got 3% , rather than lost 50-75% in a week.

Bulat

578 posts

Posted by Bulat > 2020-03-16 19:47 | Report Abuse

The investor should buy up with cash and should stop use magin account

RedEagle

3,194 posts

Posted by RedEagle > 2020-03-16 21:21 | Report Abuse

Gone retirement money

Posted by NoHopeMedia > 2020-03-18 21:27 | Report Abuse

How low is low for mbsb
From above 1, not left half of it
Never expect many people will retired poor in 2020

apanama

3,796 posts

Posted by apanama > 2020-03-18 23:12 | Report Abuse

dont worry too much..they will replay MERGER exercise for MBSB..then push MBSB share price..always think positive..:)

tew66666

289 posts

Posted by tew66666 > 2020-03-19 10:29 | Report Abuse

Tp 34 cent

Posted by NoHopeMedia > 2020-03-19 19:54 | Report Abuse

I think positive since i buy long time ago when it RM2, every year MERGE, then DISCONTINUE, merge and discontinue! Feel like getting cheat, so i sold it . We cannot being positive if most glc is cheating us especially the epf owned company

Posted by NoHopeMedia > 2020-03-19 19:56 | Report Abuse

Never believe that 65% EPF own company can drop from rm2 to 0.5?
I dont think is about covid, but the way our money being manage by this management must have problem

Ny036

717 posts

Posted by Ny036 > 2020-03-20 09:37 | Report Abuse

With current price of 0.5 what is the dividend yield?

Posted by liewwl2004 > 2020-03-20 15:11 | Report Abuse

May be no dividend as I don't recall any announcements. Pls.correct me if I'm mistsken

apanama

3,796 posts

Posted by apanama > 2020-03-20 15:49 | Report Abuse

Come on MBSB..go to 70sen..then people start chasing...:)

Investeye

2,347 posts

Posted by Investeye > 2020-03-24 14:58 | Report Abuse

Sh..other banks cut short the operating time but MBSB close almost 30% of its branches !
How the price can move up?
https://www.theedgemarkets.com/article/mbsb-bank-temporarily-close-15-branches-tomorrow

Orson Chin

2,085 posts

Posted by Orson Chin > 2020-03-25 01:24 | Report Abuse

Maybe is a good timing to control operating expenses....
force them doing online transfer. ...

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-03-25 19:49 | Report Abuse

Effected..delay payment program..

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-03 06:48 | Report Abuse

NEW YORK, April 2 (Reuters) - Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil.

Trump said he had spoken to Saudi Crown Prince Mohammed bin Salman, and expects Saudi Arabia and Russia to cut oil output by as much as 10 million to 15 million barrels, as the two countries signaled willingness to make a deal.

Trump did not specify barrels per day (bpd), though the market expresses demand and supply in those terms.

Such a sizeable deal, however, would likely require participation from other big producers outside of the OPEC cartel.

Saudi Arabia said it would call an emergency meeting of the Organization of the Petroleum Exporting Countries (OPEC), Saudi state media reported.

The Wall Street Journal reported that the kingdom would consider dropping output to roughly 9 million bpd, or about 3 million bpd less than what it planned on pumping in April.

Brent futures rose US$5.20, or 21.0%, to settle at US$29.94 a barrel, while US West Texas Intermediate (WTI) crude rose US$5.01, or 24.7%, to settle at US$25.32.

Despite the huge gains, oil prices have still lost more than half their value this year.

The market slumped in early March, when Saudi Arabia and Russia were unable to come to terms on a deal to curb production, and the Saudis boosted output to more than 12 million bpd and shipped discounted cargoes worldwide.

Since then, the coronavirus pandemic has severely cut fuel demand. US crude prices fell under US$20 per barrel a few times in recent days.

"The question will come down to, Will they be able to agree to something? It's taken a couple of weeks of Brent at US$25 and WTI at US$20 and it seems as if the Russians are more approachable than they were a month ago," said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut.

Brent soared as much as 47% during the session, its highest intraday percentage gain ever. WTI jumped as much as 35%, its second highest ever, after an intraday gain of 36% on March 19.

Oil prices pulled back from those highs as traders questioned whether Russia and Saudi Arabia could actually agree on such a big production cut.

A senior administration official told Reuters the United States does not know formal details of Saudi Arabian and Russian plans to reduce oil supply yet and will not ask US domestic oil producers to chip in with their own cuts.

"Despite today’s headlines, we remain skeptical that a deal to cut output will materialize," analysts at Capital Economics said, noting Saudi Arabia is unlikely to cut output unless Russia and possibly other non-OPEC producers, like the United States and Canada, join in a coordinated reduction.

With fuel demand expected to fall by 20% to 30% in coming months, pressure was building on oil producers to reach a deal, and Trump expressed growing frustration about the crude price and its effect on the energy industry.

Texas regulators are exploring the possibility of cutting production in that state, which produces more than 5 million bpd.

ngjheng

33 posts

Posted by ngjheng > 2020-04-03 15:19 | Report Abuse

Any dividend declared for this qtr ?

PN2020

247 posts

Posted by PN2020 > 2020-04-05 07:42 | Report Abuse

Useless banking counter

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-08 20:34 | Report Abuse

LONDON (Reuters) - Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have collapsed due to the coronavirus pandemic.

Thursday's videoconference meeting between the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia is expected to be more successful than their gathering in March, which ended in a failure to extend supply cuts and a price war between Saudi Arabia and Russia.

"The coming extraordinary producing-countries meeting is the only hope on the horizon for the market," said Bjornar Tonhaugen of Rystad Energy.

"Nobody wants to go short ahead of what could be a 'positive surprise' by OPEC++."

Brent crude (LCOc1) was down 9 cents, or 0.3%, at $31.78 by 0837 GMT after falling 3.6% on Tuesday. U.S. West Texas Intermediate (WTI) crude (CLc1) rose 94 cents to $24.87.

Crude has collapsed in 2020 because of a slide in demand due to the coronavirus outbreak and excess supply. Brent dropped to $21.65, its lowest since 2002, on March 30.

While OPEC sources have said a deal to cut production is conditional on the participation of the United States, doubts remain as to whether Washington will contribute.

The U.S. Department of Energy said on Tuesday U.S. output was already declining, without government action.

U.S. crude production is expected to slump by 470,000 bpd and and demand is set to drop by about 1.3 million bpd in 2020, the U.S. Energy Information Administration (EIA) said on Tuesday.

Before the OPEC and other producers' meeting, the latest round of U.S. oil inventory data will be in focus on Wednesday.

In a sign of excess supply, the American Petroleum Institute, an industry group, said U.S. crude inventories jumped by 11.9 million barrels. The government's supply report is due at 1430 GMT.

Bulat

578 posts

Posted by Bulat > 2020-04-09 16:43 | Report Abuse

Market sudah ok, price masih turun. Buy uplah, tak mahu jual murah kasi lain oranglah. Dividen sudah mahu sampai , bond sudah mahu keluar

Abraham

92 posts

Posted by Abraham > 2020-04-11 01:05 | Report Abuse

No dividend declared as I know.

Posted by Learner One > 2020-04-15 11:24 | Report Abuse

Really undervalued. Annouce dividend. Will up 5 cents easily.

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-15 22:35 | Report Abuse

All Bank In Malaysia will freeze Dividend? Reserve for cost of operation?

Posted by CatchThe Bull > 2020-04-17 11:56 | Report Abuse

MBSB will surely declare dividend, KWSP need money to pay for withdrawal from members.

Posted by Pradeep Kumar > 2020-04-18 13:09 | Report Abuse

Got money to declare duvidend

yfchong

5,974 posts

Posted by yfchong > 2020-04-18 13:24 | Report Abuse

Stimulus...

Remo

100 posts

Posted by Remo > 2020-04-21 10:50 | Report Abuse

Board the train at 0.61. Hope for the best :)

limitupupup

1,466 posts

Posted by limitupupup > 2020-04-21 22:47 | Report Abuse

welcome to Holland, one way ticket

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-21 23:22 | Report Abuse

Anak Emas EPF.. Golden Eggs

Posted by limsawkean1998 > 2020-04-23 16:42 | Report Abuse

I also new buy mbsb. Hopefully got good dividend.

Yippy68

1,698 posts

Posted by Yippy68 > 2020-04-24 00:09 | Report Abuse

good buy for newcomer, you are buying at very cheap price. 5 sen div will fetch 8.2%

bluebiznet

1,179 posts

Posted by bluebiznet > 2020-04-24 01:53 | Report Abuse

Everyone is so optimistic. All positive comments, time to run.

Remo

100 posts

Posted by Remo > 2020-04-24 10:29 | Report Abuse

Next week fly ;)

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-26 09:35 |

Post removed.Why?

Posted by Pradeep Kumar > 2020-04-27 17:18 | Report Abuse

Fundamentally strong only need to see how much dividend

Bulat

578 posts

Posted by Bulat > 2020-04-28 11:45 | Report Abuse

Ineed div. 10c

Posted by AllanTingAS > 2020-04-28 22:19 | Report Abuse

I still hold MBSB but 10 sen dividen is not possible. The most is 3.5% under current situation. Any announcement is a bonus!

Posted by liewwl2004 > 2020-04-29 12:06 | Report Abuse

Hi jack what does above article say?

Posted by CatchThe Bull > 2020-05-05 16:03 | Report Abuse

This year QR will be announced by this month or Jun?

lcs13579

106 posts

Posted by lcs13579 > 2020-05-05 18:45 | Report Abuse

Now Rm 0.64 can buy in better than put in bank or fixed deposit, dividend is good

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-06 18:37 | Report Abuse

The Board of Directors of MBSB has recommended a Single-Tier Final Dividend of 3.0 sen net per Ordinary Share for the financial year ended 31 December 2019 ("Proposed Dividend").

Based on the total number of ordinary shares issued of 6,713,401,615 as at 31 December 2019, the Proposed Dividend payable would be approximately RM201.4 million.

The Board of Directors has determined that the option to reinvest via the Dividend Reinvestment Plan ("DRP") shall apply to the entire portion of the Proposed Dividend. The approval for the Proposed Dividend will be sought at the coming Annual General Meeting.

Under DRP, shareholders will have the following options in respect of the electable portion:-

(a) elect to exercise the option and thereby reinvest the entire electable portion (or a part thereof) at the issue price of the new MBSB shares ("DRP Price") and to receive cash for the remaining portion of the dividend (in the event that only part of the electable portion is reinvested); or

(b) elect not to exercise the option to reinvest and thereby receive their entire dividend entitlement wholly in cash.

There will be no brokerage fees and other related transaction costs payable by shareholders on the new MBSB shares allotted pursuant to the DRP.

The Books Closure date in respect of the Proposed Dividend will be announced after the Annual General Meeting.

This announcement is dated 6 May 2020.

Posted by Kon Lim Chai > 2020-05-06 18:42 | Report Abuse

3 sen dividend announced

lcs13579

106 posts

Posted by lcs13579 > 2020-05-06 18:45 | Report Abuse

Can buy in now?

Bulat

578 posts

Posted by Bulat > 2020-05-06 18:53 | Report Abuse

Should be 5 cent

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-05-06 18:58 | Report Abuse

Just give interim dividend without the need of going for agm approval la, simple thing also don't know, how much can expect their performance then?

Bulat

578 posts

Posted by Bulat > 2020-05-06 19:27 | Report Abuse

Isu bonus. Kakau tidak lain orang gantian jawatan awak

meistsk3134

2,368 posts

Posted by meistsk3134 > 2020-05-06 19:38 | Report Abuse

haiz this stock killing me

meistsk3134

2,368 posts

Posted by meistsk3134 > 2020-05-06 19:39 | Report Abuse

give dividend share drop

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-06 21:17 | Report Abuse

DRP again

Post a Comment