Posted by daRRenL > 2012-09-06 13:28 | Report Abuse

2 is too low my guess.
it will trade sideways until end of the week between 2.25 - 2.35.

Posted by usry > 2012-09-06 21:55 | Report Abuse

darrenL: may be your prediction is correct.. today it down to RM2.20 than up again to RM2.25
by the way will see it on Next monday..

Posted by kcfan > 2012-09-07 07:55 | Report Abuse

Target price of RM2.70 based on a targeted P/BV of 1.6x over FY13 BV of RM1.70. Our target price of RM2.70 implies 7.1x and 6.0x PER on FY12 EPS and FY13 EPS respectively. At the current level, the stock offers a potential capital upside of 21%. Together with an additional dividend yield of 2.5%, this will bring the potential total return to 23% over the next 12 months. The group's ROE of 28.1% remains one of the highest among financial stocks.

Posted by daRRenL > 2012-09-07 09:33 | Report Abuse

IMO this is a good time to collect. MBSB is currently undervalued at such current price. And a defensive stock such as this with the major shareholder EPF backing it up with islamic banking business now and then, i don't see how it could not keep growing to be a mature banking business entity.

Trade at your own risk. I am targeting to reap profits starting next week.

Posted by usry > 2012-09-11 09:31 | Report Abuse

Start from today there are should be no 'road block' for this stock to move north. we can see the performance of this stock & the accurate of prediction by local brokerage house.

Posted by ksng0307 > 2012-09-11 09:52 | Report Abuse

But why is it having net loss than net profit, can anybody pls advice

Posted by usry > 2012-09-11 11:03 | Report Abuse

market in bad mode..

Posted by daRRenL > 2012-09-11 11:04 | Report Abuse

index drop so much today...anticipating correction

Posted by daRRenL > 2012-09-12 15:19 | Report Abuse

slowing moving north now...dividend ex date in a week.
better start get in the car for those who don't wanna miss this ride.

Posted by kcfan > 2012-09-12 23:19 | Report Abuse

MBSB will spend RM100 million to upgrade its core banking system, in the next five years in succession, in order to narrow the gap with the banking industry between subsequent transformation into a bank opportunities.
Source :http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=23500:1&Itemid=198

Posted by usry > 2012-09-13 10:23 | Report Abuse

start moving north..

Posted by kcfan > 2012-09-13 13:31 | Report Abuse

Wooo not bad.Go further...

Posted by ksng0307 > 2012-09-13 15:48 | Report Abuse

miss the boat this time, shit

Posted by ksng0307 > 2012-09-13 15:49 | Report Abuse

kcfan, any counter worth to watch?

Posted by kcfan > 2012-09-13 21:18 | Report Abuse

ksng0307,do not divorced from fundamentals.If the stocks can meet the basic 6 standard fundamental requirement as below,why not invest a portion or collect more during weakness? Prefer to do your home work and let me know you found out the potential stocks.Thanks
1. cash on hand is strong enough to pay off all debts(Currently net cash).
2. high dividend that bond return.
3. diluted earnings per share
4. 20% or above shareholders' funds returns (ROE)
5. value per share (NTA) over stock
6. Low PE rate.

Posted by ksng0307 > 2012-09-13 22:23 | Report Abuse

yeah, i've been doing this all the while, analysing past 10 years performance, recently discover HSL fit into this category,but i m still not expert on the timing to go in, need to learn from u more, thanks, bro

Posted by kcfan > 2012-09-13 23:19 | Report Abuse

ksng0307.Yes,You dig the right stock as HSL.Strong fundamental base company.Collect some on Before and after dividend paid out as for today trade.Further more will collect OPCOM by tomorrow on dividend ex-date.

Posted by kcfan > 2012-09-13 23:27 | Report Abuse

The new CBS system will try to run in two months, to assist the company to enhance customer service, operational efficiency and operating conditions.
Allegedly, the new system will be an initial priority in the company's East Coast Branch launched overhead in the next five years, expected to reach 100 million ringgit.
The analyst pointed out that the company launched a new system to narrow the distance with other banks, I believe that this is just part of the long-term plan.
However, analysts warned that the company expand their business, enhance liquidity assets can not be ignored, In addition, the company is also required to apply for exemption to the National Bank, to continue operating the core business payroll deduction plan.

Posted by daRRenL > 2012-09-14 09:17 | Report Abuse

Up n away....

Posted by usry > 2012-09-14 14:53 | Report Abuse

move north,slow and steady..

Posted by usry > 2012-09-18 20:36 | Report Abuse

tomorrow ex date.. price will discount a least 6 cents..

Posted by diablo88 > 2012-09-19 10:46 | Report Abuse

heading back to 2.5

Posted by diablo88 > 2012-09-20 12:25 | Report Abuse

finally...

Posted by passerby > 2012-09-24 16:48 | Report Abuse

some weird volume on MBSB-CD

Posted by momochacha > 2012-09-24 16:55 | Report Abuse

symptom mother price going to breach current price :) and the CD is SURE WIN in-the-money :)

congrats for those who holding it lol

Posted by passerby > 2012-09-24 17:02 | Report Abuse

sound more like an insider move to me, they didn't go after the underlying but SW instead

Posted by kcfan > 2012-09-25 21:30 | Report Abuse

Retest it record high soon.Good sign

Posted by kcfan > 2012-09-26 20:28 | Report Abuse

Highlights / Stock Picks of the Day
Malaysia Building Society Berhad
Malaysia Building Society Berhad ("MBSB") has been trading on an
uptrend since March 2011, exhibiting clear cyclical patterns, which span
4-5 months each. After briefly returning to the trend line earlier this
month, the share price rebounded alongside the Stochastic and RSI
indicators that had emerged from oversold territories. The MACD has also
managed a signal line crossover, indicating that the momentum has
shifted from the sellers to the buyers. We reckon the third upward cycle is
already underway, and having closed above the 100-day SMA on
Tuesday, MBSB may look to test the July/Aug high of RM2.54.

Posted by henry142 > 2012-09-27 23:36 | Report Abuse

bought some msbs-wa for better return..

Posted by kcfan > 2012-09-29 08:21 | Report Abuse

In order to let more people have the ability to have the first houses, "My first houses planned monthly income of the applicant from the existing 3,000 ringgit to 5,000 ringgit.
It believe the group is well consolidated and expect the local civil service to maintain its stable employment status. All in all, the prospect for MBSB remains bright on Budget 2013.

Posted by jtpc2006 > 2012-10-01 09:31 | Report Abuse

mbsb will shoot up, more buyers because of the relaxed guidelines to include upto 5000 ringgit monthly income

Posted by stock5678 > 2012-10-01 10:00 | Report Abuse

Is MBSB the only panel bank for this? If not, then nothing special

Posted by kcfan > 2012-10-02 23:25 | Report Abuse

MBSB is aiming to disburse a total of RM8.0b of PF-I loans. The group adopted the tactical strategy of a zero-transfer promotion campaign in 1H12 in its efforts to grow its loans. In total, RM4.7b of PF-I loans were disbursed in the 2Q (vs. RM2.5b in the 1Q) with an aggregate total loan disbursement of RM7.2b in 1H12. Hence, we believe its balance sheet expansion story remains intact. Meanwhile, the group has a low 6.6% Core-Capital Ratio and Tier-1 Capital Ratio of 10.5% as at end-June. A new capital management plan is needed to continue to support the group's high balance sheet growth for 2013. The plan will likely include securitisation of loans, issuance of debts and also possible capital raising exercises. We think the exact route under such a plan will be unveiled by the management by the end of this year and should be EPS-accretive.
(See more details on Non-banking sector update as above).

Posted by chinwei86 > 2012-10-22 18:57 | Report Abuse

does MBSB will worth to buy for long o short term?

Posted by kcfan > 2012-10-23 22:59 | Report Abuse

5 November 2012 Financial announcement date.Let's wait and see..

Posted by kcfan > 2012-10-25 10:36 | Report Abuse

Gear up.

Posted by Ng MC Angie > 2012-10-25 11:36 | Report Abuse

Gear up but it's never up over the expected. Financial announcement improve can up trend d value of share?

Posted by chinwei86 > 2012-11-01 09:52 | Report Abuse

thanks kcfan ...shall wait & see on 5 Nov...

Posted by Ng MC Angie > 2012-11-01 10:33 | Report Abuse

Henry 142 ...Why warrant can get better return?

Posted by Mat Cendana > 2012-11-01 10:35 | Report Abuse

Warrants...due to their leverage. Percentage-wise, a trader will get significantly higher profits than the mother given the same capital amount. But it works the other way too when there's a fall.

Posted by Ng MC Angie > 2012-11-01 10:38 | Report Abuse

So for now, 3Q result is coming, warrant stil can go in fr ur opinion?

Posted by Alex Cwc > 2012-11-05 14:27 | Report Abuse

result disappointing

Posted by chinwei86 > 2012-11-05 16:33 | Report Abuse

wah, no wonder drop so much la...

Posted by Shanu N Apai > 2012-11-05 21:43 | Report Abuse

ROE 28.2% awesome guys, eps are great, PER also great a good co to invest

Posted by minitrader > 2012-11-05 22:30 | Report Abuse

dipped 5 sen or 2.1% 2.28 today. that's bad mannn...short term looks bearish. EPF major shareholder...previously this stock had been played up on rumours of taking private n bla bla bla...Rumour never came true.
Q3 results were impacted by higher allowance for impairment. In other words, higher loan loss provisioning. However, net NPL of 4.3% showed an improvement compared to 8.8% as at 31 Dec 2011.

Annualised Q3 EPS of 23 sen (first 9 mths EPS 17.5sen) translates to annualised PER of 9.9x FY12. Not really cheap though as MBSB used to trade at a discount to industry average. About fairly valued I should say.

Posted by Shanu N Apai > 2012-11-05 23:46 | Report Abuse

I would consider as good long term investment, for industry to maintain ROE above 20 % is my main criteria

Posted by minitrader > 2012-11-05 23:52 | Report Abuse

yeah... i would agree for long term holding

Posted by jtpc2006 > 2012-11-06 09:16 | Report Abuse

Malaysia Building Society Bhd (MBSB) expects its pre-tax profit to touch RM600 million this year, said its
President cum Chief Executive Officer, Datuk Ahmad Zaini Othman.

Posted by minitrader > 2012-11-06 09:21 | Report Abuse

yeah, I remember he made the same statement sometime in 1H

Posted by Mat Cendana > 2012-11-06 12:03 | Report Abuse

Its warrants aren't too hot with traders at the moment. But CG has decent volume, ex price at 2.30 and 29/3/13 selling at 0.06 now - not very exciting but looks reasonable. Not buying yet but will definitely follow the mother's movements.