You are right EPF should sell MBSB to a more aggressive entity and remain as a passive investor. Loy Loy Cheong
Referring to the youtube video on whether if MBSB is a good investment, the negatives aspect that were brought up can all attributes to the poor or bad management on the company. I have been right all along that the management team are a brunch of wasted fellas which ought to be sacked.
Mbsb is the lame duck of the finance sector because of its management & lack of direction. The board and management operates just like a government run department. dont expect more just 9 to 5 job
Q1 FY22. Published accounts show EPS to be 3.25 sens . But nett Profit RM58,205k, No of shares issued 7,171,000k, EPS should only be 0.812 sens. Glaring and disgraceful mistake. Incompetent people running the company.
Ok mah! MBSB make 3 sen for the latest qtr mah! Annualized EPS is 12 sen loh! Considering share price is around 60 sen....thus we are talking about PE 5x loh! Or earning yield of 20% pa loh!
Thanks for the info loh! It look like MBSB wrongly reported its eps 3 sen for the latest qtr... it should be eps 1 sen mah! Thus should avoid mbsb & switch to affin bank loh!
If the earning report has such a glaring mistake, why didn't they make any announcements? The results has been published for more then a couple of weeks already.
MBSB back to it's old self, when everyone is up yesterday, she was down, and when everyone is down, she goes down further...when it is at 64sen should have just sell and go away
MBSB a tough coconut . No interest whether up or down. neither here or there. Need a tiger shark to play up and create some corporate takeover exercise
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....
Nkk1370
277 posts
Posted by Nkk1370 > 2022-05-11 12:00 | Report Abuse
Coming June, another round of dividend???