@jeri ,yippy still alive bodoh people may live longer.
invested all my dividend in DRP, at 56 sen, sold all at 64 sen later. added some from holding, just bought back at 53,5 sen,
hold for a while, share like sea tide, go up , come down, go up again.. will sell again if price go above 65 sen, very bodoh way of making money but i enjoy it.
This counter cannot arouse the interest of retail investors plus MBSB management is bodoh and poor therefore price cannot go up. Like I always say, better to have a take over rather then to stay status quo and let those fat cat management sit there and take fat salary and bonus.
Hopefully this should see a reversal of MBSB shares to least show that the record profit after write backs are given back to share holders....Good move by the Management....If MBSB Management are reading this, there are a lot more that you can do to boost your share price, that would even be better then just giving dividends to your investors...hope you will do more in enhancing the share price.
That is what I always said, if AirAsia is priced more then MBSB even without giving dividend for the past 2 to 3 years, MBSB fair price should be 80sen to RM1 to reflect the company value and giving constant dividend even in the most difficult year in the midst of Covid 19 pandemic.....
The current asset value of MBSB is more than the stock market share price, by this reason alone, if a big conglomerate spot this value and for them to come into the financial businesses in Malaysia, MBSB could be a target for take over.....only a matter of time if price remain at the level which is more then 50% discount from its NTA, I think this is really crazy for a Financial institution to be value at the price.
Type Announcement Subject OTHERS Description MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "THE COMPANY")
PROPOSED SINGLE-TIER INTERIM CASH DIVIDEND FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2021 The Board of Directors of MBSB is pleased to announce that a Single-Tier Interim Cash Dividend ("Interim Cash Dividend") of 3.00 sen per share has been declared for the financial year ending 31 December 2021 to be payable on 12 January 2022 to shareholders whose names appear in the Records of Depositors at the closure of business on 31 December 2021.
Bank is sitting on a pile of money, MBSB have not spend a cent paying the last dividend, it was paid for by diluting your shares. So a 3 send dividend this time is fair because after the write back the money, it should be given back to the investors. Good moves by MBSB, Monday back to 60 sen
3Q losses are modification loss due to moratorium, so 4Q should be back in black and if more write back are in the line, we can then expect to see a overall earnings of 8 send per shares if not we will see at least 7 sen. So next year I would expect dividend of 3 to 5 sen, 5 will be on the high side.
Why some individual talking very bad of other investor. As we we know share market always up and down. This MBSB finance counter and getting good dividen no matter price is low or high. This may some individual investor lost lots of money on this counter thats why talking bad of this counter. Any stock purchase must be patient. People can't earn money in shoer term.
Slow accumulation, this counter will move up when EPF starts to accumulate only if profit increases quarter per quarter. Impatient people stay clear because this is not for a quick profit.
Yippy68 let him be, he is sick or loss money on MBSB. at this price, this is best to buy . you can not get this price again once MBSB bank listed
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....
Jerichomy
4,343 posts
Posted by Jerichomy > 2021-12-09 16:27 | Report Abuse
Hi