If you hold till the thick cloud dispersed, you will eventually see a full moon. i have been holding a huge amount for two years,...Thank you the late CEO,, those who have curse you owl you an apology.
Another islamic bank, BIMB, listed 2006, lowest in year 2009-,78 sen 2012, gone up to 2,00, just in 6 years 2013, shot to 4.50, just in 7 years, MBSB may not even need 6 years to hit 2.00 , just be patience ..
Find me another penny stock that has half a billion profit for 1Q. Market punters doesn't know stock valuation, they rather punt on company like loss making AirAsia then a bank like MBSB...strange....MBSB is trading at 0.5 PB, which is at a 50% discount and pay dividend yearly but nobody's interested...
Kenanga really shot themselves by recommended HOLD for MBSB but price target of 61sen. The person and their publishing authority ought to be fired by giving such contradicting statement. What really shock me is how did they arrive at the valuation? They are absolutely without credibility.
Top 25 shareholders own 72.46% of Malaysia Building Society Berhad
Employees Provident Fund of Malaysia 65.87% Tadhamon Capital B.S.C. 1.44% The Vanguard Group, Inc. 0.9% Hong Leong Asset Management Bhd 0.78% Siling Fong 0.62% DBS Group Holdings Limited, Asset Management Arm 0.5% Dimensional Fund Advisors L.P. 0.38% BNY Mellon Asset Management 0.28% B-OK Sdn Bhd 0.26% Credit Suisse, Investment Banking and Securities Investments 0.24% Teng Kuang Heng 0.16% AMMB Holdings Bhd, Asset Management Arm 0.15% Universal-Investment-Gesellschaft mbH 0.11% Poseidon Sdn Bhd 0.1% Kim Heung Tan 0.1% Kok Thye Tee 0.1% LKK Realty Sdn. Bhd. 0.099% RHB Asset Management Sdn Bhd 0.089% Public Mutual Berhad 0.089% BlackRock, Inc. 0.086% State Street Global Advisors, Inc. 0.031% Northern Trust Global Investments 0.019% Teachers Insurance and Annuity Association of America - College Retirement Equities Fund 0.019% Acadian Asset Management LLC 0.01% Ahmad bin Othman 0.0083
The best scenario is MBSB to be a takeover target, the NTA is already RM1.22 and with the premium added in, it will cost at least 1.50 or more. Just watch, to goreng the counter, EPF will induce other GLC bank to takeover at some point. If gov allow China Tech company to come in Msia banking sector, there will be a lot of companies waiting to takeover.
MBSB is the cheapest bank and lot of room to increase further. Best to continue to collect monthly. By year end , if the MCO improves further, it should return to RM1. Anyway this is my 2 sen opinion. Have a great day ahead.
keeninvestor not so fast we have to understand their corporate structure but at the present price ok reasonable let us see what happens when the bank is officially open
MBSB is forever leading the drop....I have been investing in CIMB for past 10 years and has been gaining good returns. I switched to MBSB this year due to the low PB value and constant dividends over the years, but unfortunately the price do not reflect the value of the stock...no point waiting and waiting while the lousy Management ain't doing anything to improve the price. With right time, I will switch back to either CIMB or MB....this is a lousy lousy counter.
Taking social service to the next level, while telling the banks to exempt interest, the politicians are happily collecting their fat cheques every month.
Loy Loy Cheong Politicians are treating banks as if it is own by their father, this country is doom with such politicians....really hopeless. 14/09/2021 3:19 PM
Those politicians are good at killing their own economy rather then to grow it. The B50 is at this situation due to their failed policy in controlling the covid. They need to restart the economy so that the people can earn money to put food on the table and pay their bills, not giving endless handouts or getting the banks to absorb their debts....really a silly thing...
Is it still worth investing despite its dropping in share price? is this just temporary? Newbie here... need some advices from all the sifus...Thank you so much.
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....
nextan
713 posts
Posted by nextan > 2021-08-25 21:17 | Report Abuse
No 2.00 no sell