lucky i go out at RM2.41.. if not i die.. don't know why this counter become so useless nowadays.. may be due to it CB nearly expired.(30 August 2012) or this company not in a profit..
BB Squueze with low volume and it's moving below 20 & 50MA. Stay away for now. It's next support is at 2.240. Stochastic over sold below 20% level. Just need to wait to see a good volume..........
This means MBSB is nearly bankrupt like MAS on 2006 ago.. mas sell their building than next quarter report they said they in profit..any advice from expert.?
Bro Alfred:thanks for ur view..will keep in mind.. i like this stock coz it list under finance counter and still cheap price.. and what i most consider is the finance counter is safe than other category.
Agree with you brother Usry. I think that based on good financial performance and reasonable valuation, MBSB is considered a good stock for medium-term investment.
may be today not a good day coz 'issuance house' need to fight to press the price for their sake. if they keep it 'free float' they will die.. so we watch for next week.
The stock's valuation still looks undemanding at 6.0x to its FY13 EPS of 38.1 sen against its banking peers of 11-13.0x. Its ROE of 28.1% remains one of the highest for financial stocks.
Valuation Maintaining target price at RM2.70 based on a targeted P/BV of 1.6x over its FY13 BV of RM1.70.
At current level, the stock offers a potential capital upside of 17%. Coupled with an additional dividend yield of 2.5%, this will bring the potential total return to approximately 20% over the next 12 months.
MBSB in 2012 fiscal secondary season performance is better than forecast, mainly loans growth of ultra-high, non-interest earning sites higher and the quality of the sound capital trend support, market predict its performance in the second half of the year will be a strong foundation support continued bright.
MBSB cc will expired on 10 Sept.. expected the price will 'press' again bay market maker.. nest week we wills see either this stock worth keep or not..
Group Prospect The continued growth in earnings in the 2nd quarter 2012 was attributed to the Group’s efforts to increase its loans in the retail segment. The Group has launched several new financial products going into the first half of 2012. The Group continues to give focus on fee-based income to further enhance profitability. New products and services to be offered will be supplemented by our continuous effort to further improve the customer service level. Barring any unforeseen circumstances, the Group expects to record satisfactory performance in 2012. Group targeted to be begin a full pure bank facility company early by next year.For me is a good news on group prospect aggressive outlook.
strong fundamental..this time drop because of expired MBSB CC on 10 sept and our market in recession period.. still have a confident to keep this stock..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
usry
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Posted by usry > 2012-08-15 15:16 | Report Abuse
Ayaa... down some more..die lor..