Datuk Nor Azam bin M. Taib was appointed as the Acting Chief Executive Officer of Malaysia Building Society Berhad and its subsidiary companies including MBSB Bank Berhad ("MBSB Group") effective 15 August 2021.
Datuk Nor Azam bin M. Taib is appointed as Group Chief Executive Officer of MBSB Group with effect 1 July 2022.
It is now trading less then 0.5 of the book value...how low is it going to get before some wood head do something about it? Coldeye must have been swearing at the top of his lungs...
I have follow this counter for years and if you are holding this counter say since 2010 when you bought it at sub RM1.00....you are still not profitable despite so much time investing in it....
A merger of the two lenders would be complementary from a business standpoint, according to an analyst.
“MIDF has investment banking and asset management businesses, which MBSB does not, and its lending is mainly to SMEs [small and medium enterprises]. In contrast, MBSB is focused mainly on retail lending,” the analyst tells The Edge.
Merging with MBSB would enable MIDF, which does not have an Islamic banking licence, to widen its business scope.
If the merging of MBSB and MIDF is done through shares swap, then there's a purpose or a conspiracy theory to keep the share price of MBSB low to benefit the current holders of MIDF.
Other loss making company like Airxxxx are still forecasting not profitable for next few years but still trading higher then MBSB who is profitable is just beyond my understanding
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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....
AmirIffaan
294 posts
Posted by AmirIffaan > 2022-06-30 17:16 | Report Abuse
Pergerakan stabil pada hari terakhir suku kedua tahun ini