Waiting for the quarterly result. Definitely the total revenue, gross profit and net profit for year 2014 will be better than year 2013. Buy and keep, be patience and steady :)
4 quarter result of revenue=680 million & net profit =210 million will be announce today evening. Dividend of 15(interim & final) & 20(special) cents on April. Cheer...........
could it be that insider traders already know that they will NOT be issuing any dividends? and that Q4 earnings are not terribly fantastic although the year's performance is pretty good?
Despite the dividend uncertainty, picking bottom at this price should be quite safe, only question is when is the rebound and the sustainability of the rally.
From the Additional Listing Announcement of Bursa Malaysia , MBSB start listing ESOS since September last year....Let's hope this exercise will end soon
2.7 million ESOS share listed on 23/1/14. Should have been taken all last Friday and Monday. If I am right, tomorrow will be a strong rebound with announcement of quarter result.
I made so much this January buying into Cimb, Benalec, FGV, and BIMB. Next week hopefully MBSB will breach 2.40 as quarter result will definitely reward special dividend like last year. Since EPF holding majority shares of MBSB, special dividend somewhat assured.
A good stock to buy. Our company's research (insider) shows that this stock is expected to reach at least RM 2.30 - RM 2.40 if willing to hold within a year with decent dividend is to be expected. However, at the moment, do not expect the stock to be acquired by other bank (to increase its value) or becoming a commercial bank anytime soon. For experience investment bankers like us, we buy and sell, sell to buy, to get profit. For small time or medium-term investors, better to buy this stock for long term value investing. Read: Warren Buffet. If need quick money based on speculating/praying/hoping, please avoid this stock as there's better stock available than this one. Personally, I felt MBSB tends to give out high dividend... and this makes the stock price go down a little... I would prefer no dividend this year for this bank to increase its reinvestment for long term... oh well... PS. I used to work as investment banker (before I start my own investment company) and used to work in some well-known (not in Malaysia la) investment company. Would like to help small time investors sometimes though so do check me out from time to time. Good luck in investing!
I think Mbsb mortgage profit margin is quite high compare to normal bank Hence, we may see it as a very attractive takeover target Now they can deal with another bank And looking at a 2 way merger between (Mbsb + a major bank) is more logical than a 3 way merger which complicates stuff (2 major bank +mbsb merge) - as minimal impact to the branch and staff Other banks shld start nego with Mbsb soon
Cimb + rhb doesn't make sense - as many will lose jobs and branch close down etc As lots of duplicates BUT : Maybe if cimb + Mbsb or rhb + Mbsb Maybe the deal will complete long time ago
Stan, you mean special dividend right? No, dividend is definite. Only special dividend not confirm but I am sure with result much better compare to last year, anything is possible.
just collect the expected dividend lo. Special dividend most likely no. If have, insiders would have swooped up the price. Look at it's price movements, you can tell la.
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....
Joel
4,580 posts
Posted by Joel > 2015-01-22 19:32 | Report Abuse
if like that, I rather not to receive dividen.
I hope MBSB will become a Commercial Bank one day
这会比起得到股息来得好!
有一天如果MBSB真的成为Commercial Bank的话,
股价至少值rm3.50以上。