Posted by AlexanderJin > 2015-02-16 15:09 | Report Abuse

too many sellers, must close at 2.30 today

Posted by bluefun > 2015-02-16 15:11 | Report Abuse

at least 2.30 by today, add oil MBSB :)

Posted by Joel > 2015-02-16 15:11 | Report Abuse

ALREADY RM2.27/ 2.28.

Posted by Joel > 2015-02-16 15:12 | Report Abuse

说不定剂入TOP 10 GAINER ！

Posted by nich0las > 2015-02-16 15:13 | Report Abuse

2.27/2.28，早知道进多20张。

Posted by kakashii > 2015-02-16 15:13 | Report Abuse

What happen when there is no longer resistance? Watch....:)

Posted by nich0las > 2015-02-16 15:13 | Report Abuse

错，错。是20lot，2张。

Posted by cipapo > 2015-02-16 15:15 | Report Abuse

today closing above 2.30....where to find...such good dividend..

Posted by The One > 2015-02-16 15:17 | Report Abuse

Mbsb's nice results and twin dividends started to appear in online business news.. :)

Posted by jolie2 > 2015-02-16 15:20 | Report Abuse

MBSB = MEMANG BAGUS , SANGAT BAGUS

Posted by cipapo > 2015-02-16 15:21 | Report Abuse

http://www.theedgemarkets.com/my/article/mbsbs-4q-net-profit-194-rm39307-million-full-years-rm102-billion

MBSB's 4Q net profit up 194% to RM393.07 million; full year's at RM1.02 billion

KUALA LUMPUR (Feb 16): Malaysia Building Society Bhd (MBSB) ( Financial Dashboard)'s net profit for the fourth quarter ended Dec 31, 2014 (4QFY14) rose 194 per cent to RM393.07 million from RM133.55 million on lower impairments for loans, advances and financing.

Quarterly revenue was RM594.33 million, 17.54% lower compared to RM720.74 million in 4QFY13, MBSB (fundamental: 1.2; valuation: 2.4) told Bursa Malaysia today.

Earnings per share (EPS) rose to 14.56 sen a share against 7.66 sen a share last year.

The group has proposed a total dividend of 12 sen a share comprising of a single-tier final dividend of 10 sen per share and special dividend of 2 sen per share for FY14.

The final dividend and special dividends are subject to shareholders' approval at the forthcoming 45th Annual General Meeting (AGM).

For the full year, MBSB's net profit climbed to RM1.02 billion, 70% higher versus RM597.57 million a year ago. Revenue expanded to RM2.61 billion, up 2.76% from RM2.54 billion last year.

EPS for the full year strengthened to 39.15 sen from 37.07 sen a share a year earlier.

In a statement to the local bourse, MBSB said it achieved an exceptional profit after tax of RM1 billion due to deferred tax assets recognition of RM366 million.

MBSB's president and CEO Datuk Ahmad Zaini Othman said, “The company had secured another set of sturdy results for financial year 2014 that had actually surpassed the RM1.1 billion mark in profit before tax and adjustments."

"Due to this exceptional performance, the Board had decided to accelerate the adoption of higher standards on the impairment of its financing assets. These impairments were mainly made for our mortgage financing portfolio," he added.

The group’s net Non Performing Loans (NPL) (3-months’ classification) ratio showed an improved 4.1% as at Dec 31 last year from 5.4% as at Dec 31, 2013.

Ahmad Zaini said this was another important progress as beginning January 2014, MBSB had already moved towards the industry’s NPL classification of three months in arrears from the previous six months in arrears.

“The Board intends to continue with the adoption of these higher standards over the next two years to close the gap in line with best banking practices,” he commented.

The net loan, advances and financing as at Dec 31 last year stood at RM31 billion or 2.43% higher compared to RM30.3 billion in FY13.

On this Ahmad Zaini said: “The group revenue remained to be contributed mainly by the retail financing portfolio but the expansion in corporate financing continued to provide us with the desired asset growth.”

Meanwhile, deposits fell 2.35% or RM661.8 million as at Dec 31 last year from the preceding 2013 level of RM28.2 billion. This was expected due to the heightened competitive rates towards the end of the year.

"Fundamentally, the group is in a strengthened financial footing with key financial ratios remaining amongst the best in the industry," he explained.

"Our cost-to-income ratio is at 22.4%, Return-on-Assets at 2.78% and Return-on-Equity at 29.56% while the industry average is at 46.8%, 1.20% and 13.80% respectively," he added.

Commenting on the mega bank merger which was fell through due to "unfavorable economic conditions", Ahmad Zaini said the management's time and efforts had substantially been spent on the merger negotiations, yet were able to stay on track to achieve the group's improved corporate results.

"We have always taken cognizant of the need to persist with the company’s business plans so as not to be derailed in the event of such outcome,” he added.

On prospects, Ahmad Zaini remained optimistic despite the forthcoming economic and industry challenges.

"MBSB had already begun implementing key plans to take advantage of certain sectors that are not heavily impacted by these economic changes.

"There are still a lot of potential untapped especially when we had recently started on new corporate financing facilities late last year.

"As for the retail market, customer retention strategy remained a major factor in retaining the existing retail portfolio. The industry can only expect a marginal growth this year unless we see significant improvements in the economic landscape," he said.

Posted by cipapo > 2015-02-16 15:22 | Report Abuse

buy and keep for long term...this is an undervalued DIAMOND!!

Posted by nich0las > 2015-02-16 15:32 | Report Abuse

mbsb still cant fly yet. waiting passenger.

Posted by HowIn > 2015-02-16 15:34 | Report Abuse

no more power move forward..

Posted by Joel > 2015-02-16 15:35 | Report Abuse

买来收住没有坏处的。

Posted by jepun_77 > 2015-02-16 15:37 | Report Abuse

Sudah beli below 2.10..why nee to run? Huhuu

Posted by cipapo > 2015-02-16 15:38 | Report Abuse

safe investment...another buying opportunity...sell to me...quick...I will keep buying muahhaha

Posted by WONG > 2015-02-16 15:48 | Report Abuse

when we can get dividend?
can somebody tell me?

Posted by paperplane > 2015-02-16 15:52 | Report Abuse

wow, so many ppl waiting to buy, so bullish

Posted by Fong Kh > 2015-02-16 15:57 | Report Abuse

2.13+0.12 = 2.25

Posted by Fong Kh > 2015-02-16 15:58 | Report Abuse

who bought at 2.13 actually get 5.6% dvd yld

Posted by Stan Lee > 2015-02-16 15:59 | Report Abuse

Did any 1 know how come profit after taxation is greater than before tax
? Tq

Posted by jepun_77 > 2015-02-16 15:59 | Report Abuse

today ppl buying..tomorrow after they read newspaper..those late comer..will definitely buy..hihiii

Posted by The One > 2015-02-16 16:00 | Report Abuse

Volume quite high after break.. need to clear contra traders and profit takers towards the end. Ya.. expect tomorrow volume higher when news passed on.. and new TPs from research houses..

Posted by Alas Long > 2015-02-16 16:01 | Report Abuse

Guys, pls be rational. pls read this clause carefully. "In a statement to the local bourse, MBSB said it achieved an exceptional profit after tax of RM1 billion due to deferred tax assets recognition of RM366 million. "

Posted by cipapo > 2015-02-16 16:01 | Report Abuse

ALL IN!!!

Posted by paperplane > 2015-02-16 16:02 | Report Abuse

buy WB,cheaper

Posted by Joel > 2015-02-16 16:09 | Report Abuse

先买MBSB！

华文报明天才会刊登消息的。

到时候将会吸引更多投资者买入MBSB。

Posted by Alas Long > 2015-02-16 16:13 | Report Abuse

the high eps of 14sen is due to deferred tax and accounting treatment. never simply believe on the surface . Pls read between the line. Dividend 12 sen is just so so only. Profit remain the same and actually the eps is slightly decrease after factor in the dividend reinvest plan. Overall is just okay but share price of MBSB still may raise in short term if gt people"goreng " it, after one month will drop back if anything remain the same.

Posted by socaisocai > 2015-02-16 16:15 | Report Abuse

alas long, may i know what does it mean?

Posted by cipapo > 2015-02-16 16:15 | Report Abuse

mbsb customers are govt servants...so their non performing loans should be lower moving forward

Posted by i3i2i1 > 2015-02-16 16:26 | Report Abuse

http://www.bernama.com.my/bernama/v8/bu/newsbusiness.php?id=1109504

Posted by i3i2i1 > 2015-02-16 16:27 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/02/16/MBSB-earnings-cross-RM1b-in-FY14/?style=biz

Posted by firehawk > 2015-02-16 16:31 | Report Abuse

Q result also can't boost this dead meat ..gone ....

Posted by Fong Kh > 2015-02-16 16:32 | Report Abuse

EPS is high; almost beat CIMB. but the share price ...Zzzz

Posted by The One > 2015-02-16 16:39 | Report Abuse

Cant believe my eyes and donno what else to say.. frustrating indeed.. :(

Posted by Alas Long > 2015-02-16 16:47 | Report Abuse

socaisocai, profit before tax of 87million will produce 393million of net profit and eps 14sen compare to previous quarter 269million produce 192 and eps about 7sen ...do you c any login? look deeper into report you can found they profit a lot due to taxation issue- deferred tax.

Posted by Alas Long > 2015-02-16 16:50 | Report Abuse

but dont even ask me what is deferred tax, although I have accounting background and pass this topic with flying colour during the school day. It just something just make the account beautiful. no cash flow impact to company.

Posted by Fong Kh > 2015-02-16 16:52 | Report Abuse

learning from here http://www.investopedia.com/terms/d/deferredtaxasset.asp

Posted by AlexanderJin > 2015-02-16 16:54 | Report Abuse

600k shares bought at 4.50pm, could be a strong support from institutional fund...

Posted by cipapo > 2015-02-16 16:58 | Report Abuse

yeah yeah yeah...alas....when u missed the boat u sure have lotsa cock to talk..hahha

Posted by i3i2i1 > 2015-02-16 16:59 | Report Abuse

on 10th Oct 2014 49mil tranx, today only 8mil, last time drop a lot with 34mil. push up tomorrow?

Posted by Alas Long > 2015-02-16 17:01 | Report Abuse

If you look through the cash flow statement, you can found that the expenses was huge compare to few quarter report previously .MBSB was expand quite aggressively on their business for example exploring O&G, oil palm loan and open new branch. I think the management is walk their talk by the way. MBSB also put too much effort on negotiation about the merge. That why the profit before tax is 87 million only for this quarter. In my opinion, this is just so so result can hold but not all in or buy huge amount. Think properly before invest your hard earn money into any stock.

Posted by cipapo > 2015-02-16 17:02 | Report Abuse

today last chance to buy already

Posted by Fong Kh > 2015-02-16 17:02 | Report Abuse

45th AGM in April 2015? so late

Posted by Alas Long > 2015-02-16 17:07 | Report Abuse

cipapo, where gt miss the boat? the current still okay one. not like ifca which ald increase a lot.
I just dun want ur guys over optimistic only. read properly the quarter report. earn or loss money must be clear.

Posted by rlch > 2015-02-16 17:13 | Report Abuse

DY 5.33% still worth holding if not add more.

Posted by cipapo > 2015-02-16 17:15 | Report Abuse

alas...my bad...apologies...those who wanna sell pls go ahead sell ya....:)

Posted by paperplane > 2015-02-16 17:17 | Report Abuse

yup, still worth buying. Surprisingly no rally today. Think tomolo all fund mangers panic buy. Go on leave liao come back also continue panic buy

Posted by Prcmenon Menon > 2015-02-16 17:43 | Report Abuse

a good long term investment... also a prime target for take-over due to its market niche and better than industry average ratios.