MBSB BERHAD

KLSE (MYR): MBSB (1171)

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Last Price

0.72

Today's Change

-0.005 (0.69%)

Day's Change

0.715 - 0.725

Trading Volume

2,300,600


30 people like this.

22,746 comment(s). Last comment by Yippy68 1 day ago

RedEagle

3,194 posts

Posted by RedEagle > 2014-04-21 08:27 | Report Abuse

Become Bank? Merger? Loan Growth KPI? Share Price?

bowman

2,602 posts

Posted by bowman > 2014-04-21 09:45 | Report Abuse

haha.. wait and see. charts looking good. once good news released at agm, you can laugh all da way to the bank.

ksng0307

1,038 posts

Posted by ksng0307 > 2014-04-21 10:13 | Report Abuse

u can start laughing now, i am confident of MBSB

bowman

2,602 posts

Posted by bowman > 2014-04-21 10:18 | Report Abuse

So am I

sethoylo

146 posts

Posted by sethoylo > 2014-04-21 20:55 | Report Abuse

please shot higher!

2767max

189 posts

Posted by 2767max > 2014-04-21 22:28 | Report Abuse

tomorrow agm,the mangement please announces good news which we are long time waiting.

Posted by golden_horse > 2014-04-21 23:30 | Report Abuse

this stock seem wake up already...hopefully more good news come out and make it fly higher

Posted by TonsilBasher > 2014-04-22 07:15 | Report Abuse

anyody going to agm to makan makan?hhehehe

RedEagle

3,194 posts

Posted by RedEagle > 2014-04-22 08:07 | Report Abuse

hope get good news

2767max

189 posts

Posted by 2767max > 2014-04-22 12:11 | Report Abuse

Any members here attending the AGM now ? please made a live report of any good news announce...LOL

member41

3,718 posts

Posted by member41 > 2014-04-22 13:34 | Report Abuse

Is creeping up slowly... hope move up more after AGM and div approved etc

koyak71

752 posts

Posted by koyak71 > 2014-04-22 15:04 | Report Abuse

mayb dunt have good news....gostan balik nih

2767max

189 posts

Posted by 2767max > 2014-04-22 16:06 | Report Abuse

Tokyo roadshow asking the Japanese fund to invest ? than should be good if the japanese fund buy some % of this company.

ksng0307

1,038 posts

Posted by ksng0307 > 2014-04-22 16:39 | Report Abuse

anybody went to the AGM, any good news from the board?

RedEagle

3,194 posts

Posted by RedEagle > 2014-04-22 18:49 | Report Abuse

signal for buy or sell now? Quarter report coming..

bjax22

44 posts

Posted by bjax22 > 2014-04-22 20:19 | Report Abuse

Dividend @ $0.05; DRP @ $2.03

ban3n3

3 posts

Posted by ban3n3 > 2014-04-22 21:23 | Report Abuse

Hi all,

I'm newbie to stock. Currently i'm having 500 shares of MBSB.
With dividend of rm0.05. I will be entitled to rm25.

If i take DRP,i will get around 12 number of shares. Eventually my total MBSB share number will be 512, which is odd lot. Meaning, i can't sell them in future.

Anyone faced this before? Any advice or suggestion on this? Or just ignore the DRP plan. ><

member41

3,718 posts

Posted by member41 > 2014-04-22 22:01 | Report Abuse

I think u can sell the 12 share but my broker told me u will get lower price for the odd lot. Can ask yr broker.

2767max

189 posts

Posted by 2767max > 2014-04-22 22:46 | Report Abuse

i think u better take the cash,cuz 12 units not able to sell at the market price n maybe not enough to cover the selling charges.

RedEagle

3,194 posts

Posted by RedEagle > 2014-04-22 22:54 | Report Abuse

DRP 2.03? Like ESOS.price 2.01 & 2.15..

2767max

189 posts

Posted by 2767max > 2014-04-22 22:54 | Report Abuse

to be a full fledged bank in 2 years,will this be the factor to push the price up trend ? i dont think so cuz it still too far way.

Alas Long

41 posts

Posted by Alas Long > 2014-04-22 22:58 | Report Abuse

2767, high possible after next 2 quarter if the corporate loan run well.

xncziyi44

124 posts

Posted by xncziyi44 > 2014-04-23 01:14 | Report Abuse

quite a riskfree co.esp. the personal finance business.also the core equity cap ratio has improved significantly after the rights issue.financially sounder n more in line on with other banks ratio.more prudent n transparent,auger well for the futiure growth n propects.

2767max

189 posts

Posted by 2767max > 2014-04-23 11:34 | Report Abuse

what is the purpose of Tokyo roadshow ? think of it,i think the possibility is to bring in japanese fund,according to the news,the japanese was quite interested with the roadshow.If not mistaken,in M'sia for the banking sector, individual investor is not allow to hold more than 10% and institutional investor is not allow to hold more than 40% ,correct me if i m wrong.Thus,EPF need to reduce their holding in MBSB in order to get banking licence from BNM,so they may bring in japanese fund,if this is true,the share price of MBSB will have a bright future.By bring in Japanese fund also can help to improve MBSB operational standards,this will be one stone two birds strategy.

iafx

4,632 posts

Posted by iafx > 2014-04-23 11:42 | Report Abuse

already 80% ready now but remaining 20% est to take 2 years, ada logic ke? it seems that the mgmt. is NOT expect any change, everything remains status quo unless EPF say so.

ksng0307

1,038 posts

Posted by ksng0307 > 2014-04-23 12:27 | Report Abuse

after AGM, after dividend declaration, still no movement, apa ni....

RedEagle

3,194 posts

Posted by RedEagle > 2014-04-23 12:34 | Report Abuse

japanes... where r u.. buy2.. bring back to $3..

wolf1

721 posts

Posted by wolf1 > 2014-04-23 15:46 | Report Abuse

buy warrant then....no need to worry this and that

member41

3,718 posts

Posted by member41 > 2014-04-23 23:24 | Report Abuse

We refer to letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 23 April 2014 (Reference number: MM-140423-37347) on the following highlighted statements mentioned in the the abovementioned article which was published on the Edge Financial Daily Page 6 on Wednesday, 23 April 2014:-
“MBSB says it is on right track to be a full-fledged bank.”
“… MBSB is capable of being a standalone bank without any mergers and acquisition…”
“… MBSB can be a stand alone full-fledged bank as it is already quite “clean and lean”, noting that a banking license is needed if the company wants to operate as a full-fledged bank.”
We do not deny the abovesaid statements mentioned in the article. The statements should be read together with the rest of the article which states that any move towards becoming a bank will require approval from the shareholders and the authorities.
We wish to inform that MBSB has been continuously raising its operational standards to close the gap between itself and that of a licensed financial institution. In this context, MBSB has already completed 80% of best industry practices and Bank Negara Malaysia (BNM) guidelines and will expect the balance 20% to be completed within the next 2 years.

As of todate, MBSB has yet to make an application to the authorities for a banking license.
This announcement is dated 23 April 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1602173

Posted by 782450raj > 2014-04-24 00:31 | Report Abuse

hai genius guys pls guide me

Posted by 782450raj > 2014-04-24 00:32 | Report Abuse

me too think it will be a bank

Posted by William Choong > 2014-04-24 11:54 | Report Abuse

What a huge potential of this company which reporting profit.

ksng0307

1,038 posts

Posted by ksng0307 > 2014-04-24 12:00 | Report Abuse

generally it doen't reflect on its price, one of the top rated company of 2013

Posted by William Choong > 2014-04-24 12:03 | Report Abuse

Agreed to you ksng0307, anyway we as investor must thinking long term.

jtpc2006

984 posts

Posted by jtpc2006 > 2014-04-24 12:23 | Report Abuse

it will be very soon rather than later, MBSB will declare its intentions for a banking license, then price will hike upwards....

kangkong

21 posts

Posted by kangkong > 2014-04-24 17:09 | Report Abuse

hopefully not taking too long time,cash kena ikat liao.

hornetsjet

340 posts

Posted by hornetsjet > 2014-04-24 17:25 | Report Abuse

MBSB is too new in the market, its very hard to compete with so many other banks. When people look at the company logo, they will thought its the bank for mortgage only.

AlexisAAX

60 posts

Posted by AlexisAAX > 2014-04-24 19:23 | Report Abuse

Mbsb has to improves their turnaround time for loan approval especially for mortgages.. By doing this then can compete with other banks.. Approval level must be at branch level.. Send the staff for training for credit etc..
They must be fully ready before applying banking license from bnm..
One day can become banks (more suitable if islamic bank).. And eat bank muamalat for instance to become a full fledge islamic bank.. Once have the can bring the investors from middle east to invest in mbsb..

2767max

189 posts

Posted by 2767max > 2014-04-24 22:42 | Report Abuse

they will bring in the japanese investor..if not the why they conducted Tokyo roadshow ?

sethoylo

146 posts

Posted by sethoylo > 2014-04-24 23:52 | Report Abuse

Buy it, keep it and forgot it... come back two year later prepare to get shock..

RedEagle

3,194 posts

Posted by RedEagle > 2014-04-25 08:48 | Report Abuse

wait for the 1st quarter result.. if good.. must push to 2.50

Posted by moneymatter > 2014-04-25 17:49 | Report Abuse

Waited so long and finally it raised but drop everything back in 1 day... @@

member41

3,718 posts

Posted by member41 > 2014-04-25 18:26 | Report Abuse

Ya this counter not for fast bucks. Let it work by itself. Don't stare at screen so often.

apprentice

789 posts

Posted by apprentice > 2014-04-25 18:55 | Report Abuse

MBSB full fledge bank in 2 years?
Hahaha. Good Luck, guys.
More like in 10 years, if ever.

smartcat

39 posts

Posted by smartcat > 2014-04-25 21:26 | Report Abuse

aiyo..drop already

leemenc

6 posts

Posted by leemenc > 2014-04-25 23:02 | Report Abuse

missed the dividend news, can anyone update ? TQ

member41

3,718 posts

Posted by member41 > 2014-04-25 23:03 | Report Abuse

Single-tier Final Dividend in respect of the financial year ended 31 December 2013 of 5.0 sen net per ordinary share of RM1.00 each in MBSB.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 6 May 2014 ]

2) The last date of lodgement : [ 8 May 2014 ]

3) Date Payable : [ 5 June 2014 ]

Remarks :- On 28 January 2014, the Board of Directors ("Board") of Malaysia Building Society Berhad ("MBSB") announced its consolidated results for the financial period ended 31 December 2013 wherein the Board proposed a Single-Tier final dividend in respect of the financial year ended 31 December 2013 of 5% per ordinary share of RM1.00 each in MBSB ("MBSB Share").

The Board had also determined that the option to reinvest via the Dividend Reinvestment Plan ("DRP") shall apply to the entire portion of the proposed Single-Tier Final Dividend of 5% for the financial year ended 31 December 2013.

The shareholders will have the following options in respect of the electable portion:-

(a) elect to exercise the option to reinvest 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.

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