The Board of Directors of MBSB has recommended a Single-Tier Final Dividend of 3.5 sen per Ordinary Share for the financial year ended 31 December 2023 ("Proposed Dividend").
Based on the total number of ordinary shares issued of 8,222,312,432 as at 31 December 2023, the Proposed Dividend payable would be approximately RM287.78 million. The Proposed Dividend will be fully paid in cash. The approval for the Proposed Dividend will be sought at the upcoming Annual General Meeting.
The Book Closure date in respect of the Proposed Dividend will be announced after the Annual General Meeting.
I knew, MBSB is another lucky star in my life. bigger than Bplant and Tenaga, For those who refuse to believe, sorry guys .we only can say good luck brother.
@hugo, yes I bought a lot. Long term player will always the last to laugh and happily walking to MBS BANK BHD. The word eventually must always keep in our mind. Thank to @Engineeringprofit, when your condemned MBSB so hard, price dropped and I quietly sapu. haha
Many people seem to forget that this has moved into the big leagues of banking institutions from its last life as a cooperative and development financing institution. If dividends are acceptable as evidence of good management, then this one, at 10%, is an unpolished jewel. Looking at its charts, it has been steadily climbing from 0.60s to 0.80s now, with bulk of buying at the lower end of the rise because the investors would have heard of where it is heading. How high can it go? Take all the banking institutions and average the ratio profitability and dividends and you can roughly figure out.
If you miss the train below 1.00 you'll cry for your life time........You can hear the whistle blow a hundred miles & wait for another decade to buy below one
Look at the recent appointments to understand the market confidence. One from EPF, one from CIMB, and so forth. It is headed by people of experience leading top banks and EPF. This should be a good start for MBSB to shed its image as a building cooperative and play with the big boys. At this price, it's a good deal
there are another 20 days plus for AGM , and even if the price goes up by 1-2 sen everyday , by the time of AGM , the price will already touch RM1 , after AGM , it will shoot up easily
If you miss the train below 1.00 you'll cry for your life time........You can hear the whistle blow a hundred miles & wait for another decade to buy below one
Traditionally well known for its good rates on home financing, now with bank status, it will have bigger pie to choose from. If it maintains the standards it has set for home financing, then there is much potential in its stock going about RM1 - all the other banks are above this already.
If you miss the train below 1.00 you'll cry for your life time........You can hear the whistle blow a hundred miles & wait for another decade to buy below one
If you miss the train below 1.00 you'll cry for your life time........You can hear the whistle blow a hundred miles & wait for another decade to buy below one
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....
Iamchops548
37 posts
Posted by Iamchops548 > 2024-05-16 17:49 | Report Abuse
Friday is a classic slow day