According to reports, BNM has queried external auditors on the treatment of the loan in the affected banks accounts. It is possible that they may be shown as NPL (non performing loan) but there will be no affect on the bottom line in the revenue accounts because it is collatterised against the power assets of 1MDB which has not depreciated in value. The lenders are expected to call on the guarantee by end February 15 which could lead to an agreement between Ananda and 1Mdb, thereby resulting in Ananda settling the loan. Even then the brighter prospects expected in price movement would be subdued until the loan settled.. patience will pay in the end.
MBSB has nothing to do with 1MDB...MBSB major exposure is on government staff taking housing or car loans...MBSB yet to become a commercial bank and if it does the market price will go up higher.....5 trading days to good quarter result...those who want to sell please do..i will buy more
No matter you all say what. The market will do the right things. I predict the price will move up. I might be wrong, can you please tell me why you think the price will drop till 2.00 jayawin?
let see after meeting tomorrow... not sure any leaks tomorrow after the meeting.... then we smile and laugh big big.. i hope too... still accumulating and standby cash, once confirm, load more :)
I asked him juz now related Mbsb's div for QR. remisier told me juz now not comfirm yet the news (35 cent ). wait for the coming news in this recent day.
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....
The One
2,949 posts
Posted by The One > 2015-02-05 15:11 | Report Abuse
Next week will be interesting..