MBSB BERHAD

KLSE (MYR): MBSB (1171)

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Last Price

0.74

Today's Change

+0.025 (3.50%)

Day's Change

0.72 - 0.74

Trading Volume

7,267,500


30 people like this.

22,722 comment(s). Last comment by RInvest 10 hours ago

Cockcroach

638 posts

Posted by Cockcroach > 2024-07-27 08:30 | Report Abuse

Totally agree.

ybss99

78 posts

Posted by ybss99 > 2024-07-27 15:11 | Report Abuse

Busuk itu sebab kau punya lancau x cuci berpuluh tahun

speakup

27,217 posts

Posted by speakup > 2024-07-27 16:13 | Report Abuse

X payah mencarut lah

ocbc

1,203 posts

Posted by ocbc > 2024-07-28 21:18 | Report Abuse

Here is a list of banks found in Kuala Kangsar :
Maybank
CIMB Bank
Public Bank
Hong Leong Bank
RHB Bank
Bank Islam

M55555

1,108 posts

Posted by M55555 > 2024-07-29 11:47 | Report Abuse

@ Calvintaneng , what you wrote below shown what character of a person you are . Stop wasting promoting any counter. Dulu kuat promoto 5G ,(netx and etc.) I guess must have lost badly and jealous of profitable counters and now betting on plantation??

+++++++
calvintaneng

This Mbsb now

M = mesti
B = busuk
S = sampai
B = bankrupt

Stay safe in 🌴🌴🌴

https://www.nst.com.my/news/crime-courts/2024/07/1081341/10-charged-over-fraudulent-withdrawals-rm242mil-bank-customers

1288Go

198 posts

Posted by 1288Go > 2024-07-29 15:18 | Report Abuse

Ayoh this fella again Calvin teng...
Hmmm

Posted by MohamedAqil > 2024-07-29 15:47 | Report Abuse

Org telah ditangkap dan ditahan. Skrg MBSB perlu berjanji utk mengelakkan perkara tersebut berlaku lagi ...

Posted by ShareFortuneTeller > 2024-07-29 20:57 | Report Abuse

24 million, i think still a penny sum to cause injury to a Bank. Still lucky the Bank had done their jobs catch the theft earlier and not sweep under the carpet (AmBank - iMDDB scandal, the Bank still exists) and also not to remember MBSB has just transformed into Bank, a transitional period - now different management under the supervision of BNM.

ocbc

1,203 posts

Posted by ocbc > 2024-07-31 16:21 | Report Abuse

Just got the bank license , cost of capital lower , so profit margin higher to be reflected in FY2024/25 , get it cheap while still can. Cheers !

Posted by MohamedAqil > 2024-07-31 17:28 | Report Abuse

Itu tunjuk Malaysia memang Boleh , ShareFortuneTeller 😆

1288Go

198 posts

Posted by 1288Go > 2024-08-02 18:25 | Report Abuse

Woi 😱 lu olang cakap cakap Satu linggit Mari Mari cepat!
Sudah lambat. Tak Mari...
Bila arh 🤔...

Raul

255 posts

Posted by Raul > 2024-08-03 12:15 | Report Abuse

Laaa below 80sen..
Ingat sudah RM2..
LOL

1288Go

198 posts

Posted by 1288Go > 2024-08-03 19:56 | Report Abuse

Enjoy weekend Raul
Hahaha 🤣. Thank you.
Dah bawah 80c...Haiz..
Ingat bolih beli simpan simpan

Posted by Keqing Tan > 2024-08-05 09:06 | Report Abuse

what happen to mbsb?

Kenken3

3 posts

Posted by Kenken3 > 2024-08-05 09:19 | Report Abuse

More like what happen to MY market

Posted by Keqing Tan > 2024-08-05 09:31 | Report Abuse

ya everything red exclude US might decrease their opr? any happen cause MY market red?

Posted by Loy Loy Cheong > 2024-08-05 09:31 | Report Abuse

Now you will have to trade looking at the macro situation around the world and not just the individual stock fundamental. Middle East is on the blink of a full scale war with Israel, DJ, Nasdaq & S&P all long over due for a correction of at least 30%, oil price is behaving erractically and not a good sign, world is ditching USD by forming BRICS and the list go on....those holding on please do not ask people to buy just because you are holding....

Posted by Keqing Tan > 2024-08-05 09:34 | Report Abuse

no wonder but anyway everyone juz make ur own decisions don follow anyone... risk are on your own

Posted by MohamedAqil > 2024-08-05 19:51 | Report Abuse

Besok naik atau jatuh ... ? Masuk semula jika jatuh ke harga kurang drpda 70 sen

HugoUPUPUP

114 posts

Posted by HugoUPUPUP > 2024-08-05 20:52 | Report Abuse

WTF, all stock drop like shit

Bulat

578 posts

Posted by Bulat > 2024-08-07 08:32 | Report Abuse

Telah pijak ekor Yippy hahaha

Posted by MohamedAqil > 2024-08-08 09:53 | Report Abuse

Dah naik balik. Nampknya boleh kutip sikit sebelum ia picah 80 sen semula

speakup

27,217 posts

Posted by speakup > 2024-08-09 07:52 | Report Abuse

50sen, i sell everything, all in Mbsb

speakup

27,217 posts

Posted by speakup > 2024-08-09 10:15 | Report Abuse

This stock is Terrible Undervalued

JMpower

100 posts

Posted by JMpower > 2024-08-09 11:23 | Report Abuse

Undervalue banking stock
You won’t get a banking stock this price level
RM 2.50 in 24 months

HugoUPUPUP

114 posts

Posted by HugoUPUPUP > 2024-08-09 20:51 | Report Abuse

Aug 30 will announce 2nd quarter? 24.2 millions rugi will count include ?

JMpower

100 posts

Posted by JMpower > 2024-08-11 16:37 | Report Abuse

There are 10 banks in Malaysia
Only MBSB below rm 1
Dividends for 2023 is 3.5 sen
Most probably 4- 5 sen for 2024

JMpower

100 posts

Posted by JMpower > 2024-08-11 16:49 | Report Abuse

MBSB is banking stock and involving billions in business . Management got aspiration to lift up their business and profit.

JMpower

100 posts

Posted by JMpower > 2024-08-11 17:38 | Report Abuse

No need to worry
EPF and PNB holding 70%

JMpower

100 posts

Posted by JMpower > 2024-08-11 21:04 | Report Abuse

Price to book value 0.68
Under value growing company and 30% minimum dividend policy

speakup

27,217 posts

Posted by speakup > 2024-08-12 07:49 | Report Abuse

this massive undervalued stock

Posted by MohamedAqil > 2024-08-12 10:15 | Report Abuse

MBSB menawarkan lebih banyak perkhidmatan kpda syarikat pembinaan 🙂

1288Go

198 posts

Posted by 1288Go > 2024-08-12 13:35 | Report Abuse

Bintai Kinden defaulted on 100m loan from MBSB?
MBSB has been giving loans to some parties that has defaulted. Quality of loans not too good from these defaults.

speakup

27,217 posts

Posted by speakup > 2024-08-14 13:25 | Report Abuse

Please provide some prove instead of cakap cakap kosong

M55555

1,108 posts

Posted by M55555 > 2024-08-14 16:14 | Report Abuse

0.50 tak mahu, 0.60 tak mahu, 0.70 tak mahu, 0.80 tak mahu, 0.90 tak mahu , last week kasi satu chance lagi 0.73 still tak mahu.. No need to talk bad , and stop looking at the counter. Now already back to 0.81 ....Buat apa sakit hati . Even if someday turun balik , then still want lower.

Posted by MohamedAqil > 2024-08-14 16:54 | Report Abuse

Bagus, naik ke 8x sen semula

kllee

178 posts

Posted by kllee > 2024-08-14 18:08 | Report Abuse

0.85 coming

Bursino

319 posts

Posted by Bursino > 2024-08-14 21:05 | Report Abuse

Cumming

speakup

27,217 posts

Posted by speakup > 2024-08-14 21:24 | Report Abuse

rm1 orgasm

Yippy68

1,700 posts

Posted by Yippy68 > 2024-08-15 04:26 | Report Abuse

@M55555, well said. those are the born losers. dare not buy when price is cheap, just let them be rotten.

1288Go

198 posts

Posted by 1288Go > 2024-08-15 18:46 | Report Abuse

Hi speakup,
About Bintai Kinden, it's in the NEWS AND BLOGS MBSB..
klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-08-01-story-h-155229857-Bintai_Kinden_Receives_Nod_for_Restructuring_of_Banking_Facilities

1288Go

198 posts

Posted by 1288Go > 2024-08-15 18:47 | Report Abuse

MBSB should do well..but they also must do quality loans.
Too much bad quality loans will affect their bottom lines

Bulat

578 posts

Posted by Bulat > 2024-08-16 10:55 | Report Abuse

Rm 3 will coming soon

Posted by MohamedAqil > 2024-08-16 10:57 | Report Abuse

90 sen semasa kptusan q2 keluar

1288Go

198 posts

Posted by 1288Go > 2024-08-16 16:46 | Report Abuse

Syok man Bulat Bulat...
Whoa, Rm3....😲😀..
Bila Bulat..
I dah beli. Tunggu saja..Pun dapat dividend2...👍💪

1288Go

198 posts

Posted by 1288Go > 2024-08-16 16:49 | Report Abuse

Yippy68, you are correct...
One wrong loan, 200m habis, Nanti write off. They have to lend cautiously or else shareholders loose out..
MBSB have to be very careful..
Maybe they should have a external lending committee to checks and balances..
Top CEO and below can make mistakes!!

Cockcroach

638 posts

Posted by Cockcroach > 2024-08-17 21:16 | Report Abuse

MBSB — a growing bank with an appetite for M&A
By theedgemalaysia.com / theedgemalaysia.com
17 Aug 2024, 12:16 pm

KUALA LUMPUR (Aug 17): MBSB Bhd’s (KL:MBSB) merger with Malaysian Industrial Development Finance Bhd just over 10 months ago helped solidify its position as the country’s second-largest stand-alone Islamic bank by assets after Bank Islam Malaysia Bhd (KL:BIMB).

Yet, it remains a relatively small player in a highly competitive and crowded market, where net profit margins have been on the decline — a fact that is not lost on its key shareholders. MBSB is 57.45% owned by the Employees Provident Fund (EPF), and 12.78% owned by Permodalan Nasional Bhd (PNB).

In an exclusive interview, MBSB chairman Datuk Wan Kamaruzaman Wan Ahmad reveals that the shareholders aim to have the group undertake further mergers and acquisitions (M&A) down the road. He does not discount the possibility of it happening within the three-year time frame (2024 to 2026) of MBSB’s strategic business plan.

The plan, code-named Flight26, is ultimately aimed at having the group reach a return on equity (ROE) of 8% by end-2026, from 2.9% last year, on a business-as-usual basis.

“The shareholders are ambitious. I think they still want us to grow,” Wan Kamaruzaman says during The Edge’s interview with him and the bank’s top management — group chief executive officer Mohamed Rafe Mohamed Haneef and group chief financial officer Shahnaz Farouque Jammal Ahmad — recently.

In the meantime, though, MBSB’s unwavering focus is on executing the Flight26 strategy, a key element of which involves the bank chasing Casa (current account and savings accounts) deposits to reduce its high cost of funds.

Ever since last year, MBSB has been making big changes to its management, injecting new blood to start afresh.

In the interview, the group’s top officials talk about their transformation plans and what they need to do to meet the 8% ROE target. They also address the issue of fraudulent deposit withdrawals in Kota Kinabalu amounting to RM24.2 million in June, which they say will not have a significant financial impact on the group.

Get the full story in this week’s issue of The Edge Malaysia.

Read also:
Mohamed Rafe appointed MBSB Bank CEO, confirms The Edge report

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Cockcroach

638 posts

Posted by Cockcroach > 2024-08-18 19:02 | Report Abuse

Buy more

bowman

2,602 posts

Posted by bowman > 2024-08-19 10:27 | Report Abuse

The fact that its major shareholder is the EPF says volumes of its capability as a financial institution. You have seen its dividends the past year which gives about 10%. You have seen it taken the MIDF under its wings. You have seen it rising from 0.58 to current 0.83 levels. Today, it is testing the 0.84 ceiling and momentum is strong with buyers in control. Breaking this will mean the resumption of its up trend, with next level being 0.90

Bursino

319 posts

Posted by Bursino > 2024-08-19 11:56 | Report Abuse

Don't feel despair. Darling Maybank up 20 sen. Maybank is 12.5x more expensive than MBSB. For the same amount of funds, MBSB up 4 sen is equals to sum total of 50 sen.

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