Posted by M55555 > 1 month ago | Report Abuse

Yeah .... especially itu Kenanga... continuously giving low low target but keep issuing high high call warrant... like MBSB-CW71 . Cakap tak serupa bikin , and this is not first their first high CW vs target price

+++++
ShareFortuneTeller

Betul. But first of all get rid of all the call warrants first to avoid conflict of interests.

Posted by Loy Loy Cheong > 1 month ago | Report Abuse

This counter is not just down, it is melting....

Posted by Loy Loy Cheong > 1 month ago | Report Abuse

What the f is happening?

Posted by Firefighter > 1 month ago | Report Abuse

its coming... prepare for falling knife ;)

Posted by xcu843 > 1 month ago | Report Abuse

This was old news. How come you still comment here? What is your motif?

Posted by chokra > 1 month ago | Report Abuse

About time MBSB CEO address this continuous slide downwards of its share price. Seven years ago, the share price of MBSB was double what it is presently. Chua MA Yu bought a substantial stake and many of us bought too thinking that the man with the Midas touch could help steer MBSB to greater heights. In the late 80s, the share price of MBSB was above Rm4.00 per share. This is to remind the current CEO of MBSB about its historical price. Perhaps in the next AGM, we should ask him to speak on its share price. A bank share price should not languish at 0.72 sen. This is ridiculous. Wonder what EPF & PNB think about it.

Posted by Yippy68 > 1 month ago | Report Abuse

very cheap now.

Posted by alenac > 1 month ago | Report Abuse

Becareful buying CMY picks on the favourite, some connected to scams.
chokra
About time MBSB CEO address this continuous slide downwards of its share price. Seven years ago, the share price of MBSB was double what it is presently. Chua MA Yu bought a substantial stake and many of us bought too thinking that the man with the Midas touch could help steer MBSB to greater heights. In the late 80s, the share price of MBSB was above Rm4.00 per share. This is to remind the current CEO of MBSB about its historical price. Perhaps in the next AGM, we should ask him to speak on its share price. A bank share price should not languish at 0.72 sen. This is ridiculous. Wonder what EPF & PNB think about it.

11 hours ago

Posted by chokra > 1 month ago | Report Abuse

I have been pondering for a long time. Did I buy into a good bank 8 years ago and at the right price. We always feel Bank's are licensed Alongs that will reap you good returns through the years if you hold on to the shares. For me, MBSB can be considered as an investment failure for me. I ask myself, is it all my fault? The banking business is not some mini market or DIY outlet, there are only a limited number of licences issued and you can count the local Banks within your 10 fingers. Yet MBSB performs so badly in share price. Is it using its reserve capital to pay out as dividends. No it is not. Then why the share price is 50% off its price 8 years ago. Can it be because the employees and managers are of the worst quality? Can some other forum members enlighten us on this crappy MBSB Bank. How can EPF and PNB who are the two majority shareholders accept such poor performances from this bank.

Posted by TheContrarian > 1 month ago | Report Abuse

MBSB has a very huge shares in issue of 8.222 billion.

Posted by xiaoeh > 1 month ago | Report Abuse

Is MBSB your cup of tea TheContrarian sifu?

Posted by TheContrarian > 1 month ago | Report Abuse

@xiaoeh, no, very long time ago I made a over 40% gain on MBSB, bought around 69 sen, sold above RM1. Never buy back. I prefer Affin today.

Posted by chokra > 1 month ago | Report Abuse

I beg to differTheContrarian from your assumptions. Just look at the top 30 shareholders, the top 5 holds more than 70 % of its shares. EPF & PNB itself holds 70% of MBSB. So to suggest that other parties can suppress its share price, I don't think so even if you include Call Warrant operators. MBSB's major problem is EPF/PNB somehow not concern about its share price. It is like as though they have a future plan for MBSB that we are not anticipating. Why keep MBSB's price rock bottom?

Posted by TheContrarian > 1 month ago | Report Abuse

What assumption did I make?

Posted by TheContrarian > 1 month ago | Report Abuse

Posted by chokra > 1 month ago | Report Abuse

I am so tired of holding MBSB. have been holding it for at least 8 years. Nothing MBSB does can influence its share price. Perhaps Kenanga Investment Bank is right. MBSB is overvalued even at today's price. Regret buying it. This is the worse bank share in KLSE.

Posted by speakup > 1 month ago | Report Abuse

@chokra what is your entry price 8 years ago?

Posted by chokra > 1 month ago | Report Abuse

About Rm 1.10. Speakup.

Posted by bowman > 1 month ago | Report Abuse

This is definitely the worst performing stock in the financial sector. There is no beneficial investor relations, let alone any interest to lift itself to new heights. Its prices tracks reflects how responsible or the lack of to its shareholders. There is no interest nor courage to move beyond a cooperative's image now that it also owns the MIDF.

Posted by chokra > 1 month ago | Report Abuse

Bowman, from my observations the management of MBSB is similar to GLCs. None of the top guns in MBSB concern about creating value for shareholders. They just earn fat wages, after all their appointments in GLC/EPF companies is through some strange selections by their masters. They don't even have a conscious that they are letting down all their shareholders.

Posted by chokra > 1 month ago | Report Abuse

I meant conscience and not conscious.

Posted by M55555 > 1 month ago | Report Abuse

They are working very hard.. to meet Flight 26.....
Need some faith... company that like to issue MOUs
Yesterday MOU with Curlec . Other MOUs from previous years, MRT Corp, Celcom, PR1MA, Uitm......

Posted by StarOfTheBull > 1 month ago | Report Abuse

In term of share price, this is the worst performance bank so far.

Posted by RInvest > 1 month ago | Report Abuse

Good Q report - not bad

Posted by StarOfTheBull > 4 weeks ago | Report Abuse

Revenue and profit fast catching up with Affin Bank.
At this price the potential is very good 👍.

Posted by vitac > 4 weeks ago | Report Abuse

Cannot compare profit with affin as the outstanding shares for mbsb is many times more than affin

Posted by TheContrarian > 4 weeks ago | Report Abuse

6Posted by TheContrarian > 1 week ago | Report Abuse

MBSB has a very huge shares in issue of 8.222 billion.

MBSB needs RM1.6444 billion net profits for EPS of 20 sen while Affin needs RM480 million (not billion) net profits for EPS of 20 sen.

Posted by TheContrarian > 4 weeks ago | Report Abuse

Why Affin can hit EPS of 20 sen by just achieving RM480 million? Because Affin shares in issue only around 2.4 billion. If a person still no understand there's no point investing in the share market.

Posted by bowman > 4 weeks ago | Report Abuse

Let's see if this profitability nonsense put it where it should be - languishing in the mid 0.70 is shameful for a bank with such huge business base. Either the BOD dont know banking business or dont care two hoots for investor relations!

Posted by Chok Sharon > 4 weeks ago | Report Abuse

why certainly drop?

Posted by Loy Loy Cheong > 4 weeks ago | Report Abuse

Someone is pressing down the price due to call warrant maturing on 29/11 @70sen....

Posted by Chok Sharon > 4 weeks ago | Report Abuse

oic

Posted by Chok Sharon > 4 weeks ago | Report Abuse

thanks

Posted by Bankanalyst > 4 weeks ago | Report Abuse

MBSB’s key issue is CASA!

Posted by Bankanalyst > 4 weeks ago | Report Abuse

They have a significantly over reliance on FD to fund their loan book. The bank shd strategise on how to capture low cost deposits. Offering 2.8% current account rates is not desperate move.

Posted by Bankanalyst > 4 weeks ago | Report Abuse

They have a significantly over reliance on FD to fund their loan book. The bank shd strategise on how to capture low cost deposits. Offering 2.8% for current account is not strategic.

Posted by 641003025255 > 3 weeks ago | Report Abuse

cut loss

Posted by Loy Loy Cheong > 2 weeks ago | Report Abuse

Despite good quarter results, the selling continue, when will EPF stop selling?

Posted by Yippy68 > 2 weeks ago | Report Abuse

EPF kindly keep selling till MBSB drop to 59 cents, I will sapu , my limit is 2000 lots.

Posted by Yippy68 > 2 weeks ago | Report Abuse

more condemn, it will be better chance for me. hahahaha

Posted by speakup > 2 weeks ago | Report Abuse

mbsb got problem. their dividend seem like announce at random. no fixed time per year.

Posted by speakup > 2 weeks ago | Report Abuse

Mbsb just announced good interim dividend.

Posted by M55555 > 2 weeks ago | Report Abuse

Ah.... senyap-senyap... jangan fikir tak berubi.

Posted by Cockcroach > 2 weeks ago | Report Abuse

Yahoo. 2.75c interim

Posted by Cockcroach > 2 weeks ago | Report Abuse

End of year bonus

Posted by Loy Loy Cheong > 2 weeks ago | Report Abuse

MBSB interim dividend of 2.75sen is less then 3% of the current stock price which is nothing to shout about, and mind you, they have a record for not giving FY dividend after the interim dividend, so.....MBSB, can you promise a FY dividend after the next quarter results?

Posted by Loy Loy Cheong > 2 weeks ago | Report Abuse

and with the price stuck at current level when the other banks have move up to record level after covid, the price will be lower after dividend payout....how MBSB is going to attract investors to buy its shares when price remain either stagnant or down? Poor management team even after new top designated post were change and things still remain slow moving. Just like the Malaysia ringgit, it is slowing dying since 30 years ago....MBSB is just like that

Posted by Loy Loy Cheong > 2 weeks ago | Report Abuse

very sorry to say, running the company like a bumi entity is not helping but ruining the company, there is a serious rebranding need to change the image of the bank, pick the best people to run the bank and not some choosen ones that were there just to act like a sitting duck

Posted by ks55 > 2 weeks ago | Report Abuse

MBSB gives you 2.75 sen Interim Dividend in Dec.
Will give another 3.25 sen Final Dividend in Hun 2025.

To get 6 sen on 75 sen gives you DY at 8%. Better than EPF..........

Posted by Loy Loy Cheong > 2 weeks ago | Report Abuse

well, if there will be an imaginary Final dividend like you said, the share price will be 68sen after the payout, and all is back to the square one....just look at how the share price perform....its a shame

Posted by RInvest > 2 weeks ago | Report Abuse

Looking at the history of dividend payment - this is confirm a dividend bearing stock - relative to its price - above 5% easily
As for capital gains - that's yet to be seen