Be careful of the budget announcement this week where loan moratorium on banks revisited. Pray there's no moratorium, otherwise there will be a round of falls lead by MBSB as usual...
if the moratorium came through and share price drops , it will be tempting to go in again, although every instinct in me tells me to never touch this counter again.
TBH MBSB is cheap as a financial, and the dividends given is better than many stock which are way more expensive. It has a lot of potential to exploit for a higher price but poor management did not and do not know how realise it's full potential. It is not a nice feeling to see your investment in MBSB dwindling down while others are gaining ground back to pre pandemic days....I will agree with @audioconsultant, unless it drop below 60sen before I will start looking at this counter again...might not happen...but it all depends on the macro circumstances.....
many things can happen.. 2 proposals of merging like years back can trigger price >2.00. did you enjoy the profit that time. kindly let ppl do what they think is best, i think no one have taken any loan from you to allow you to call us BODOH,
Auto Cruise Management......dont take risk...no need innovation...no need any new initiatives...just keep going...day in day out ...another day another ringgit...no stress....dream job...I would like to work in MBSB Management Team
Lousy Gov, lousy management....the perfect recipe of a doom economy and stock market. Playing to lose with a hand of good cards....many should be used to this kind of scenario.
To be honest, MBSB, Affin, RHB, Ambank, Alliance bank.....Malaysia don't need so many small banks, merging MBSB with others is the best way to grow their business and share value...I still think MBSB will soon be a take over target...
Rebound on the card in Nov due to bank earnings reporting season, all should be reporting better numbers year on year....so good time to nibble at this price.
You can say MBSB is not a exciting stock, but you cannot say that it is a lousy stock as the numbers prove that it is not lousy....people buy it for their own reason, after all its their money, calling people bodoh for buying into this counter is really unjustified, only reflects poorly on yourself, perhaps time to take your medicine...:-D
Rce declares 7sen dividen and share price almost RM4. And they dont have banking license. MBSB should be ashamed of themselves. Woi epf, tidur lagi ka???!
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....
Loy Loy Cheong
368 posts
Posted by Loy Loy Cheong > 2021-10-25 16:16 | Report Abuse
Be careful of the budget announcement this week where loan moratorium on banks revisited. Pray there's no moratorium, otherwise there will be a round of falls lead by MBSB as usual...