Posted by vijay99 > 2023-07-18 10:26 | Report Abuse

my guess will be there will be a windfall final dividend

Posted by pang72 > 2023-07-18 11:52 | Report Abuse

Offer 96.52c? I can't understand..

MBSB 79c now

Posted by ramunia > 2023-07-18 12:43 | Report Abuse

rm 1 , should not be a problem

Posted by alenac > 2023-07-18 13:47 | Report Abuse

A share of MBSB is issued at 96.52 sen to all holders of MIDF shares for the takeover. This is based on the valuation that is acceptable to both parties. It can be the market value if the price hit 96.52 sen later.
pang72
Offer 96.52c? I can't understand..

MBSB 79c now

1 hour ago

Posted by XenDee > 2023-07-18 14:38 | Report Abuse

berat gajah ni susah mau terbang

Posted by Yippy68 > 2023-07-18 22:47 | Report Abuse

just took off, is still climbing, targeted attitude 20000ft (RM2.00) haha

Posted by speakup > 2023-07-19 11:14 | Report Abuse

1st stop rm1
Those want to turun at 1st stop can.
The rest can stay on for 2nd stop 3rd stop ....

Posted by Ntpboon > 2023-07-20 14:35 | Report Abuse

看来不想当神仙了!🤣

Posted by kl_guy > 2023-07-20 15:24 | Report Abuse

sudah 1 minggu non stop naik ....rm1 coming for sure.

Posted by psyduck1085 > 2023-07-20 15:34 | Report Abuse

ini kali lar.....

Posted by pang72 > 2023-07-20 18:09 | Report Abuse

Thanks alenac for clarification :)

Posted by speakup > 2023-07-20 21:24 | Report Abuse

sour grapes lagi 🍇

Posted by Diamond7 > 2023-07-21 07:58 | Report Abuse

Vow! 82 cents!
Second largest Islamic bank..

Please give us more n more dividend!

Posted by alenac > 2023-07-21 10:20 | Report Abuse

Did you read properly it is not cash but the issue of new shares to shareholders of MIDF.
wallstreetrookieNEW
It's not even a merger. It is a cash-only acquisition. RM1.01 billion
MBSB is spending 1 billion Ringgit Malaysia to acquire a dying business. Malaysia is in a technical recession and thus the investment banking/debt capital markets will experience further downside.

Why is the market still pumping MBSB shares when it is a 'cash-only acquistion' which means the company would have to use cash reserve or issue more bonds to pay back the premium.

13 hours ago

Posted by wallstreetrookieNEW > 2023-07-21 20:10 | Report Abuse

Yes, I am so dumb. I thought it's cash-only deal. Deleted comment

Posted by henry888 > 2023-07-22 07:34 | Report Abuse

Sure they would push to at least 96.52 cents and acquisitions sure would go through as EPF is holding more than 50% of the shares. There is no any other reasons minorities would reject the deal as their share value would increase. This is my opinions.

Posted by speakup > 2023-07-22 11:37 | Report Abuse

@henry888 is right

Posted by kyliew > 2023-07-23 19:57 | Report Abuse

Tis stock was long over due to have such surge... Year 2020-2023 was sleeping while other banking stocks alrdy back to pre-covid level

Posted by alenac > 2023-07-24 09:58 | Report Abuse

Well, I would expect EPF & other shareholders to have a strategic plan to improve the performance of MBSB if they are to create value for the company and at the same time collect more shares of MBSB.
henry888
Sure they would push to at least 96.52 cents and acquisitions sure would go through as EPF is holding more than 50% of the shares. There is no any other reasons minorities would reject the deal as their share value would increase. This is my opinions.

Posted by 641003025255 > 2023-07-24 10:07 | Report Abuse

Soon will closed RM0.80 offer, next stop will RM0.90

Posted by myinvestor > 2023-07-24 10:25 | Report Abuse

Offer 96.52c? I can't understand..

MBSB 79c now

Existing shares 7.2b after issuing new shares of 1.05b the total shares 8.25b. Exist market cap 5.8b +new injected capital 1.0b total new cap=6.85b. Roughly 6.85b/8.2b shares=82cts/share.

Posted by vijay99 > 2023-07-24 14:03 | Report Abuse

u measure a company based on customer service ? try call maxis bimb affin and if go by your logic, all company are useless and only good custimer service company is good.

Posted by vijay99 > 2023-07-24 14:08 | Report Abuse

everyone no need to see EPS , P/E ratio etc anymore....just call customer service , if anyone pick the call within few seconds thats a good company and lets put all our money in it.

Posted by YelnatS > 2023-07-24 14:12 | Report Abuse

vijay99 u need to see his nick, it's JJPTR. U will know what I'm saying if u heard what is JJPTR before.

Posted by alenac > 2023-07-24 14:30 | Report Abuse

I think he is rating a company like a brothel. If the madam customer service is shit, the whole outfit is slutty.
vijay99
everyone no need to see EPS , P/E ratio etc anymore....just call customer service , if anyone pick the call within few seconds thats a good company and lets put all our money in it.

16 minutes ago

Posted by vijay99 > 2023-07-24 19:02 | Report Abuse

@JJPTR ok so ?
Directly come here to say the shared are bad after that ?
My House toilet got stucked and i called a plumber , the plumber dint pick my call after thousand of times , the plumber using DIGI LINE ..please dont buy DIGI shares.kthxbye

Posted by kyliew > 2023-07-24 19:52 | Report Abuse

Way long-overdue for RM1.00 price level... Now only want to start goreng dah terlambat

Posted by gongxifatchai > 2023-07-25 08:52 | Report Abuse

Climb best

Posted by BobAxelrod > 2023-07-25 12:09 | Report Abuse

Above 80c still a trap......

Posted by speakup > 2023-07-25 12:40 | Report Abuse

It is sad that ppl who miss the boat become sour grapes and attack with all sorts of nonsense reasons, just to burst the bubble of those who bought.
Why lah? Why can't they just also buy and join in the joy?

Posted by xcu843 > 2023-07-25 12:49 | Report Abuse

Why having big drop? Any bad news?

Posted by chkhooju > 2023-07-25 13:05 | Report Abuse

Don't expect stocks to go up all the time. They need breathers occasionally to continue with their upward journey.

Posted by chkhooju > 2023-07-25 13:06 | Report Abuse

They need to rest too.

Posted by GoldenCoin23 > 2023-07-25 13:59 | Report Abuse

bgt more and keep...

Posted by ks5S > 2023-07-25 14:30 | Report Abuse

time to buy more and keep
pnb buy mbsb at 97 sen. I buy at 79 sen

Posted by Diamond7 > 2023-07-25 16:18 | Report Abuse

Maybank up
Public bank up
MBSB will oso move up!

Posted by Diamond7 > 2023-07-25 16:19 | Report Abuse

No stock will move up continuously.
Downward movement to wash away the margin traders ..
Soon will go up to new high!
Once the meeting is on!

Posted by gongxifatchai > 2023-07-25 19:43 | Report Abuse

I was sell all. No bonus, no div. This price not sell. When to sell. Hahaha. Basterd stock

Posted by speakup > 2023-07-26 13:14 | Report Abuse

Still way below the price PNB paid. So hold

Posted by opportunist88 > 2023-07-26 15:21 | Report Abuse

acquisition not grand !

"MBSB Finally Concludes Acquisition Of MIDF For RM1.01 Billion"

MBSB need issue 1.1 billion new shares to midf shareholders

Posted by opportunist88 > 2023-07-26 15:24 | Report Abuse

so there will be over 1billion new mbsb shares flooding, good or bad ?

Posted by speakup > 2023-07-26 16:31 | Report Abuse

Yes flood market provided PNB want to lose money

Posted by hhhiii123 > 2023-07-26 17:13 | Report Abuse

Waiting for dividend declared lol, this share worth hold until profit all gone, haha

Posted by ks5S > 2023-07-26 21:46 | Report Abuse

you sell I buy from u

Posted by alenac > 2023-07-27 10:48 | Report Abuse

Exactly, does not make sense for PNB to sell and lower the price of the MBSB shares resulting in unrealised losses.
speakup
Yes flood market provided PNB want to lose money

18 hours ago

Posted by M55555 > 2023-07-27 16:16 | Report Abuse

https://theedgemalaysia.com/node/676290

KUALA LUMPUR (July 27): Malaysia Building Society Bhd (MBSB) has received shareholders’ approval to buy Malaysian Industrial Development Finance Berhad (MIDF) from Permodalan Nasional Bhd (PNB) for RM1.01 billion that will be satisfied via the issuance of 1.05 billion MBSB shares at 96.52 sen per share.

Posted by Diamond7 > 2023-07-28 14:40 | Report Abuse

Currently 7.171 billion shares
Adding 1.05 billion shares from midf is insignificant!

No worries!

Now steady
Later groom...groo....oom!

Posted by Diamond7 > 2023-07-28 14:41 | Report Abuse

Sorry!
It's 1.01 billion

Posted by Diamond7 > 2023-07-28 16:19 | Report Abuse

Down so much!!!
Scary!

Posted by Bursino > 2023-07-28 16:49 | Report Abuse

No hurry no worry. Price up and down is normal. It is the dividends. Dividends are paid per unit share irrespective of the price the share (bought).