Posted by Lee_CK > 2020-08-12 19:01 | Report Abuse

You will receive the shares by 14 August 2020.

Posted by Nkk1370 > 2020-08-13 07:10 | Report Abuse

Those opted for DRP must be rich. Why do they want to sell below 0.56?

Posted by alexsee > 2020-08-13 09:58 | Report Abuse

sold some of 0.515 at 0.58, see can buy back at 0.52 or not.. seems a little hard.. strong buyers, macam mau strong rebound je..

Posted by Lee_CK > 2020-08-13 11:12 | Report Abuse

PublicInvest Research just incormed their customers to join the MBSB counter. In fact, other banks' counters also showed positive sign.

The bank sector from USA and Taiwan also become higher as per talk shows from the two countries. The investor shifted their funding to the bank sector. Bank sector is going to become the last pusher to push the index to the highest.

Posted by CatchThe Bull > 2020-08-13 11:17 | Report Abuse

I opted for DRP @0.56, even market price lowest @0.515 on 5/8. No one can predict the share price movement. When you expect it will drop more, it can be strong rebound. Bank sectors will be strong player next year maybe, who know? Happy investing :)

Posted by Lee_CK > 2020-08-13 21:15 | Report Abuse

https://www.sinchew.com.my/content/content_2324424.html

Posted by Lee_CK > 2020-08-14 15:18 | Report Abuse

BNM to transfer small debt resolution scheme function to AKPK

KUALA LUMPUR (Aug 14): Bank Negara Malaysia (BNM) will transfer its small debt resolution scheme (SDRS) function to the Credit Management Counselling Agency to enable the central bank’s agency to provide more efficient and holistic debt restructuring and advisory services to small and medium enterprises (SMEs) that have loans with multiple banks.

https://www.theedgemarkets.com/article/bnm-transfer-small-debt-resolution-scheme-function-akpk

Posted by Lee_CK > 2020-08-15 10:37 | Report Abuse

Possible for further recovery for MBSB, says PublicInvest Research
August 13, 2020 08:32 am
KUALA LUMPUR (Aug 13): PublicInvest Research said Malaysia Building Society Bhd (MBSB) is attempting to put a halt to its prior downtrend.

In a trading ideas note today, the research house said improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term.

“Should resistance level of 61 sen be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of 67.5 sen.
https://www.theedgemarkets.com/article/possible-further-recovery-mbsb-says-publicinvest-research

Posted by Jerichomy > 2020-08-18 14:20 |

Post removed.Why?

Posted by Jerichomy > 2020-08-19 06:51 |

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Posted by Jerichomy > 2020-08-19 17:17 |

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Posted by CUTLOST > 2020-08-21 16:29 | Report Abuse

Look stable at 54cts

Posted by RedEagle > 2020-08-23 13:33 | Report Abuse

Jack Ma once said, 'When Selling to close friends and family, no matter how much you're selling to them, they will always feel you're earning their money, no matter how cheap you sell to them, they still wouldn't appreciate it.'
There will always be people who do not care about your Costs, Time, Effort, they rather let other people cheat them, allowing others to earn, then supporting someone they know. Cause in their heart, they will always be thinking, 'How much did he earn from me?' instead of "How much did he SAVE/MAKE for me?"This is a classic example of a poor person's mentality!

Jack Ma on Sales: 'When doing Sales, the first people who will trust you will be Strangers, Friends will be shielding against you, fair-weather friends will distance from you. Family will look down upon you.'

The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realised: Everyone else is present except the Strangers.

Posted by Sailangking > 2020-08-23 20:44 | Report Abuse

who still holding?

Posted by Jerichomy > 2020-08-23 21:33 |

Post removed.Why?

Posted by RedEagle > 2020-08-26 15:05 | Report Abuse

QR today? tomorrow? Friday?

Posted by RedEagle > 2020-08-26 17:17 | Report Abuse

-33mill, -12mill
Ermm..

Posted by Clint > 2020-08-26 18:26 | Report Abuse

there is a one-off Modification Loss of RM512.61 mil

Posted by NoHopeMedia > 2020-08-26 18:38 | Report Abuse

Wow! This share i buy few years back and i choose it because 65% belong to EPF. But every year the price drop and drop, every quarter it mention merger , merger, then every divided also DRP and DRP.... Luckily i sold it when it above RM1 with hug loss. Moral of the story - never trust EPF owe company

Posted by Jeffreyteck > 2020-08-26 20:46 | Report Abuse

MBSB remains in the red for second consecutive quarter.... well done bod and management when other banks remain profit making. No wonder hlb and pbb are traded at a premium price, no basis of comparison other than goreng.

Posted by alex > 2020-08-26 21:16 | Report Abuse

cold eye said.. if the company keep earning profit.. then don't sell.. so he will sell tomorrow after 2 quarters red red result..

Posted by Good123 > 2020-08-27 00:13 | Report Abuse



Its group president and chief executive officer Datuk Seri Ahmad Zaini Othman said "we hope to start seeing the unwinding of these modification losses sometime next year."

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) group recorded a modification loss of RM512.61mil for the second quarter ended June 30,2020 due to the moratorium granted to the customers.

Its group president and chief executive officer Datuk Seri Ahmad Zaini Othman “it is a significant amount due to the sizeable portfolio contracted at fixed rate financing”.

“However, we hope to start seeing the unwinding of these modification losses sometime next year, ” he said in a statement to Bursa Malaysia on Wednesday.

MBSB registered a net loss of RM12.51mil in 2Q20, an improvement of RM60.74 million or 82.92% from 1Q20 net loss of RM73.25mil, signalling a marked recovery from the previous quarter.

Its group revenue increased by 19.5% to RM886.35mil from RM741.41 million in 1Q20 which was largely due to gain from sale of financial investments in 2Q20.

“On a year-on-year (y-o-y) basis, revenue grew by 17.03% in 2Q20 compared to 2Q19.

“The group’s net income climbed to RM529.67mil which is 46.09% or RM167.10 million (q-o-q) increase from RM362.57mil in 1Q20.

“Net income is also higher compared to RM336.31mil that was registered for the same period last year following gains from sale of financial investments, ” it said.

On MBSB’s group deposits, Ahmad Zaini said corporate and retail deposit dipped as a result of the reduction in Overnight Policy Rate (OPR) four times this year.

MBSB group’s total deposit was at RM33.99bil, down by 6.18% decrease from 1Q20’s at RM36.23bil.

Cost to income ratio (CIR) stood at 19.72% in 2Q20, which is 10.56% lower (q-o-q) from 30.28% in 1Q20.

“This drop was due to lower expenses as the operation was affected during the Movement Control Order as well as higher net income for the current quarter, ” it said. Its CIR (y-o-y), fell by 11.60% from 31.32% in 2Q19.

Net profit margin rose marginally by 0.85% to 3.50% in 2Q20 compared to 2.65% in 1Q20.

Gross impaired financing (GIF) is recorded at 6.08%, a 0.57% (q-o-q) decline from 5.51% in 1Q20 and 0.43% (y-o-y) decline from 5.65% in 2Q19.

Net Impaired Financing stood at 2.64% in 2Q20, a decline of 0.32% (q-o-q) compared to 2.32% in 1Q20. The ratio declined (y-o-y) by 0.26% from 2.38% in 2Q19.

“The group’s allowance for impairment improved and recorded writeback of RM53.87mil in 2Q20. The writeback was due to improvement in expected credit loss (ECL) as a result of active collections to regularise payment arrears during the quarter.

“In 1Q20 and 2Q19, allowance for impairment recorded charges of RM291.78mil and RM92.42mil respectively, ” MBSB said.

Posted by alex > 2020-08-27 11:18 | Report Abuse

wow..still strong support at 0.54.. epf doesn't want it fall ah?

Posted by victorlok99 > 2020-08-27 17:47 | Report Abuse

superbull, if there were a rate cut in Sept, would it affect MBSB price?

Posted by Needmoney > 2020-08-28 07:16 | Report Abuse

0.57. I already profit loh.

Posted by Siau Siau Boon Seng > 2020-08-28 12:16 | Report Abuse

Only small fish are eating, it will be 0.54/0.535 soon

Posted by Needmoney > 2020-08-28 17:28 | Report Abuse

0.58 naik naik naik.

Posted by Sailangking > 2020-08-29 12:47 | Report Abuse

tp 0.65.....gogoo

Posted by Jeffreyteck > 2020-09-01 09:34 | Report Abuse

Mbsb is leading as when other banks still making profit, it already in red for 2 consecutive quarters. Our EPF, poor returns next year.

Posted by Jeffreyteck > 2020-09-03 08:31 | Report Abuse

Forecast:
... most likely no dividend for 2020 as it is a vision difficult to materialize.
... believe Q3 and Q4 will continue to incur losses but will not affect management and bod remuneration unless its remuneration committee benchmark their performance against other banks performance which is very unlikely.
... price may push up if there is any news on merger or active trading.

Posted by bbbbbb > 2020-09-03 17:40 | Report Abuse

who is the boss??? EPF, who is EPF??? you scare EPF or support EPF. then you will know how to buy ???

Posted by bbbbbb > 2020-09-03 17:43 | Report Abuse

i take all my fd change to this , ########share 6%. yes i still loss money, But wait.......... why still put money at FD? how much % can get per year??? See next years who will win???

Posted by Jerichomy > 2020-09-03 18:58 |

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Posted by Jerichomy > 2020-09-03 18:58 |

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Posted by Jerichomy > 2020-09-03 19:47 |

Post removed.Why?

Posted by Jerichomy > 2020-09-04 22:34 |

Post removed.Why?

Posted by Jerichomy > 2020-09-04 22:35 |

Post removed.Why?

Posted by spchia > 2020-09-06 20:48 | Report Abuse

All banking industry will be up after September. no worry

Posted by Raul > 2020-09-08 11:14 | Report Abuse

Rumours has it ceo contract will be extended to another 2 years. Not sure if good or bad news.

Posted by WTF69 > 2020-09-08 12:26 | Report Abuse

这只股票五年来只跌不涨，不只是亏了钱，还赔上了宝贵的时间!套路很深!

Posted by monopoly > 2020-09-11 10:11 | Report Abuse

when the name will change?

Posted by Arnold76 > 2020-09-13 22:35 | Report Abuse

Collect a lot, will collect more it is drop below 0.50

Posted by chokra > 2020-09-14 10:47 | Report Abuse

The EPF should consider removing the current CEO and his team of senior management people. He and his team has been given ample opportunities and time to build a viable bank and yet whatever they implemented has never caught the eyes of influential investors who can give the share price a boost. Even it's shares in exchange for dividends cannot entice us to take it. Only the EPF took that option for years and in the process lost more and more EPF members hard earned subscriptions to the EPF. In my opinion, the CEO and his team of people are out of depth. They cannot bring value to MBSB at all. EPF need to be ruthless and do the right thing. MBSB as an Islamic Bank right now is a joke. I hope members here will pressure the EPF into doing the right thing instead of meaningless write-ups about MBSB that cannot get us out of this mountain of rubbish in MBSB.

Posted by Gala Kat > 2020-09-14 15:18 | Report Abuse

Board of incompetent a**holes ..

Posted by ykloh > 2020-09-14 15:20 | Report Abuse

Also a need to trim the large board of directors.

Posted by plaxo 88 > 2020-09-15 10:09 | Report Abuse

And also an over bloated incompetent senior management team that needs to be fired!!

Posted by Dingdongbell > 2020-09-18 21:03 | Report Abuse

Smart people will resign on his own accord rather than being fired. Step down and give way to a more capable intelligent management

Posted by Raul > 2020-09-22 10:12 | Report Abuse

Should push EPF to replace the senior management. All of them have been given ample time.
We cant progress

Posted by Good123 > 2020-09-24 10:40 | Report Abuse

EPF 65% stake Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

MALAYSIA BUILDING SOCIETY BERHAD

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARDAddressTINGKAT 19
BANGUNAN KWSP
JALAN RAJA LAUT
KUALA LUMPUR
50350 Wilayah Persekutuan
Malaysia.Company No.EPF ACT 1991Nationality/Country of incorporationMalaysiaDescriptions (Class)ORDINARY SHARES

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest113 Aug 2020

231,917,661

AcquiredDirect InterestName of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHDAddress of registered holderLEVEL 42, MENARA CITIBANK 165 JALAN AMPANG 50450 KUALA LUMPURDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredShares derived from Dividend Reinvestment PlanNature of interestDirect InterestDirect (units)4,561,047,343Direct (%)65.388Indirect/deemed interest (units)Indirect/deemed interest (%)Total no of securities after change4,561,047,343Date of notice14 Aug 2020Date notice received by Listed Issuer18 Aug 2020


Remarks :Notice of Change in the Interest of Substantial Shareholder (Section 138) was received on 18 August 2020.


Announcement Info

Company NameMALAYSIA BUILDING SOCIETY BERHADStock NameMBSBDate Announced18 Aug 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-18082020-00053

Posted by Good123 > 2020-09-24 11:00 | Report Abuse

MBSB Bank Berhad, a full-fledged Islamic Bank was incorporated on 28 November 2005 is a wholly owned subsidiary of Malaysia Building Society Berhad. ... AFB undertook a rebranding exercise and on 2 April 2018 it changed its name to MBSB Bank Berhad.



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