Posted by Stock beginner > 2023-04-08 00:09 | Report Abuse

I think that still subject to the contract.
Maybe there might be some additional clause like maximum 80% of current balance of account 2 instead of forecasting future contribution.
With your point, I am thinking of the old trick. What if that fellow apply to multiple bank at the same time

Posted by M55555 > 2023-04-08 00:19 | Report Abuse

https://www.theedgemarkets.com/node/661790

Eligible members of the Employees Provident Fund (EPF) who are aged 40 and above may apply for personal financing from banking institutions using their Account 2 balance as support for their loans

Posted by speakup > 2023-04-10 07:43 | Report Abuse

https://klse.i3investor.com/web/news/detail/249927
this good news should've brought mbsb to the 80sen levels if not because of market not so good

Posted by alenac > 2023-04-10 12:08 | Report Abuse

International banking crisis fear still influences market direction. Also, DOW's future points south throughout the year. and financial experts and the world bank also agree that a recession is imminent in 2023.
https://klse.i3investor.com/web/news/detail/249927
this good news should've brought mbsb to the 80sen levels if not because of market not so good

4 hours ago

Posted by speakup > 2023-04-12 21:08 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/04/12/mbsb-bank-to-offer-customised-financing-to-mrt-corp039s-contractors-vendors

Posted by ismetulamraja > 2023-04-13 11:07 | Report Abuse

https://www.theedgemarkets.com/node/662996

Posted by speakup > 2023-04-14 19:04 | Report Abuse

https://www.theedgemarkets.com/node/663429
Monday limit up?

Posted by chowwei > 2023-04-14 20:10 | Report Abuse

Let Pray For Monday Limit Up

Posted by speakup > 2023-04-15 08:42 | Report Abuse

Long ago, MIDF was listed in bursa, it was taken private around rm2.50

Posted by chokra > 2023-04-15 17:12 | Report Abuse

Guys, a little bit of facts for all of us to ponder now that MBSB has made the announcement that their merger with MIDF will proceed. The EPF controls 65.872%, then comes shareholders having shares ranging from 100,001 to 358,574,189 shares which makes up 24.678%. A third big group of shareholders having shares ranging from above 10,000 to 100,000 shares owns 107,066,652 shares or 7.892%. You can see the above 3 groups own 98.441% of MBSB shares. My advice is do not sell your shares cheaply to market manipulators who might influence the price of MBSB in the coming weeks. The free float of MBSB shares is so little in the open, I am sure EPF and the top 30 shareholders will hold on tight to their shares, we should have the holding power too. The Nett Asset Value currently is more than its current market price. Stay long to benefit from this merger. I think the folks from MIDF can bring good quality management skills to a sleepy MBSB Team.

Posted by speakup > 2023-04-15 21:58 | Report Abuse

So which sor chai was selling below 60¢?

Posted by chowwei > 2023-04-16 01:32 | Report Abuse

Monday Continue 3 Days Limit Up Until Kena UMA

Posted by M55555 > 2023-04-16 23:43 | Report Abuse

Why Why.. must make this news on Friday!!! Not Monday.. Only Monday we receive DIV payment . Now cannot top already.. now have to chase high....................
++++++++++
speakup

https://www.theedgemarkets.com/node/663429
Monday limit up?

2 days ago

Posted by speakup > 2023-04-17 09:10 | Report Abuse

No more chance buy <60¢

Posted by Leesa688 > 2023-04-17 09:19 | Report Abuse

Yay finally a bumper dividend

Posted by speakup > 2023-04-17 09:28 | Report Abuse

Nampak mcm banyak sell on news

Posted by chokra > 2023-04-17 09:45 | Report Abuse

Crazy to sell without knowing the actual terms of the merger plus the NAV of the merged entities. At least wait for official announcements of the merger terms. Remember MBSB before merger was like a kampong financial mini market. Now with merger with a much more sophisticated MIDF group, MBSB can move up the ladder as an urban financial supermarket with a full range of financial products. Only time will tell whether MBSB will use this "golden" opportunity to play a bigger role in competition with the big boys. Too early to sell.

Posted by alenac > 2023-04-17 10:18 | Report Abuse

MBSB now offered all types of services once merged with MIDF. Only lacking good & experienced senior management. Hope EPF takes note that they need to add value to the merged entity operations. Social services for the last 3 years of covid have certainly weakened its financials, now is the time to buck up. What is certainly needed is to double or tripe the share price of the enlarged MBSB.

Posted by Squirtle > 2023-04-17 10:44 | Report Abuse

Mbsb where find money
Is it will right issue again
Hehehe

Posted by Stock beginner > 2023-04-17 11:58 | Report Abuse

most likely will purchase with share swap. If they plan cash purchase, we wont get so big dividends this year

Posted by chkhooju > 2023-04-17 12:09 | Report Abuse

The capitalization of MBSB will not be enlarged. The deal will be done via share swap. MIDF will then hold about 20% of MBSB whereas the latter's stake will be reduced to less than 48%>

Posted by TonsilBasher > 2023-04-17 12:26 | Report Abuse

the best way to earn money is to buy when the company not in good shape but have bright outlook. You wont earn much by buying mature company like Hong Leong, Public bank etc. You get the best shot by buying this sort of company

Posted by kwteoh > 2023-04-17 13:34 | Report Abuse

If by share swap, what is the impact to the ESP? negatively or positively be affected? Also take into consideration of the contribution of MIDF earning.

Posted by Moratorium > 2023-04-17 13:59 | Report Abuse

Depends on how many shares are placed out to acquire MIDF. As of now, I believe not much information on this available

Posted by chkhooju > 2023-04-17 14:36 | Report Abuse

20% of what KWSP owning now.

Posted by speakup > 2023-04-17 21:35 | Report Abuse

MBSB hebattttt!!!

Posted by speakup > 2023-04-18 07:47 | Report Abuse

no lah, mbsb cannot be #1 islamic bank in malaysia. that title will always to go Bimb by virtue of its name.
mbsb is a small bank now, hopefully grow to mid tier like ambank etc

Posted by Orson Chin > 2023-04-18 12:42 | Report Abuse

Epf will reduce % of share , others units trust will come in soon ….

Posted by Squirtle > 2023-04-18 15:34 | Report Abuse

Got ppl is say will is rights issue
No good wor

Posted by BobAxelrod33 > 2023-04-18 15:36 | Report Abuse

Dun be silly, why do they need to do RI??? It's a shares swap for MIDF......unless you know something we don't?

MBSB NOSH already 7+ Billions....lu tau tak??

Posted by M55555 > 2023-04-18 20:16 | Report Abuse

Ini bukan penny goreng doing no biz counter . Cannot any how consolidate , then RI and no eye see.

Posted by BobAxelrod > 2023-04-19 11:57 |

Post removed.Why?

Posted by chkhooju > 2023-04-19 12:54 | Report Abuse

You should thank God that you have never come across a lot more of such stuff. Hence, I won't object to their preferences to sometimes writing in Malay instead.

Posted by wongcheehui83 > 2023-04-21 15:48 | Report Abuse

wait me get dividen from uems and its up to mine desire level, sell all and i come accumulate mbsb

Posted by wongcheehui83 > 2023-04-25 13:02 | Report Abuse

rebound now

Posted by chkhooju > 2023-04-25 14:33 | Report Abuse

Collect more. Stay tight. Keep MBSB firmly for future gains. Very soon the sixty level will be out of reach.

Posted by abcb > 2023-04-26 15:11 | Report Abuse

Expecting coming quarter report much better than previous year

Posted by speakup > 2023-05-01 12:13 | Report Abuse

Definitely

Posted by wongcheehui83 > 2023-05-02 23:39 | Report Abuse

if property not burst then is ok. otherwise...

Posted by DickyMe > 2023-05-03 00:38 | Report Abuse

Property market already stagnant.
Waiting for banks to go broke due to bad debts from housing loan.

Posted by mf > 2023-05-03 05:20 | Report Abuse

Dow Jones

Dow Jones Industrial Average

33,684.53

-367.17

1.07%

Nasdaq

NASDAQ Composite

12,080.50

-132.09

1.08%

Posted by wongcheehui83 > 2023-05-03 22:56 | Report Abuse

Friday will up

Posted by alenac > 2023-05-04 00:03 | Report Abuse

Looks like US depositors do not trust US regional banks anymore.
The number of failing lenders in the US may snowball as about 190 regional banks are seeing their uninsured depositors continue to withdraw savings. If the classic run on the lenders goes on unabated, the overall US financial system could run into bigger trouble, which may send shockwaves across global markets.

If the US Federal Reserve maintains its course of reining in inflation by raising the federal funds rates further this year, more mid-size US banks could go under water and be forced to declare insolvency, because American depositors will withdraw their savings from the regional banks in order to get higher rates elsewhere. This will put a lot more stress on those banks.
https://www.globaltimes.cn/page/202305/1290082.shtml

Posted by speakup > 2023-05-04 08:35 | Report Abuse

Previous low before dividend was 58¢

Posted by speakup > 2023-05-04 09:09 | Report Abuse

Merging with midf is a huge catalyst

Posted by stockraider > 2023-05-04 09:24 | Report Abuse

Banking stock will fly with higher interest increase of 0.25% pa loh!

Posted by wisdomtot > 2023-05-04 09:58 | Report Abuse

On another note, if interest rate increases above equilibrium, it means structure is broken. Costlier to do biz, means less biz expansion, less biz means less loan disbursement.. it means harder to achieve growth, as it may be offset by NPL also due to increasing rates. Let market forces decide where is the equilibrium.

Posted by stockraider > 2023-05-04 10:42 | Report Abuse

High Inflation is here mah!
Better than to fight it by increase interest than to do nothing loh!
If we do nothing ....the samething mentioned below wil eventually still happen mah!

Yes...if we increase interest rates earlier....it will benefit the banks in terms of better profit mah.....but fighting high inflation is a very important process loh!

Lu tau boh ?

Posted by wisdomtot > 37 minutes ago | Report Abuse

On another note, if interest rate increases above equilibrium, it means structure is broken. Costlier to do biz, means less biz expansion, less biz means less loan disbursement.. it means harder to achieve growth, as it may be offset by NPL also due to increasing rates. Let market forces decide where is the equilibrium.

Posted by Stock beginner > 2023-05-05 08:42 | Report Abuse

At least US banking have some sort of PIDM for small depositor. China is even risky https://www.bbc.com/zhongwen/simp/chinese-news-62120040

The reason of raising interest is to encourage consumer to spend less and force the demand become lesser. With lesser demand, business have to lower their price to get more sales.
If let market decide, business will raise price and worker will ask for higher salary and the cycle keep going until our RM become duit banana

Posted by Squirtle > 2023-05-05 16:34 | Report Abuse

Nobody is knowing
Like Dnex fight w China boss
Make Dnex boss resign
price drop 33% keongkannn