Posted by i3i2i1 > 2015-04-22 10:40 | Report Abuse

resistance 2.3 cant break?

Posted by i3i2i1 > 2015-04-22 13:25 | Report Abuse

like!

Posted by i3i2i1 > 2015-04-22 15:15 | Report Abuse

but from the price actions, the risk getting higher but price is not.. im worried

Posted by Invest123 > 2015-04-22 15:41 | Report Abuse

No risk at all if you think long term

Posted by newbird82 > 2015-04-22 15:57 | Report Abuse

Steady...green for so long times already. Good future!

Posted by kakashii > 2015-04-22 17:57 | Report Abuse

Merger in 2 years time

Although the potential merger between Malaysia Building Society Bhd (MBSB) and Bank Islam Malaysia Bhd remains market talk, MBSB recently confirmed that a merger with an Islamic financial institution is still on the cards, within this year or next.

Local media reported that MBSB president and chief executive officer Ahmad Zaini Othman reiterated the group’s aspiration to be an Islamic financial institution and with that, the need for it to merge with an Islamic financial entity.

This aspiration is renewed, as the three-way mega merger with CIMB Group Holdings Bhd and RHB Capital Bhd that would have seen MBSB acquired by the two banks’ Islamic banking operations fell through.

However, Zaini noted that MBSB is not actively in talks with any financial institutions on any merger or acquisition at the moment, according to The Edge Financial Daily.

“This kind of thing requires a little bit more study and analysis. But it doesn’t mean that we need to talk to financial institutions to be able to go into that kind of platform.

“We are looking and studying the basis first and get our shareholders to basically think through and they will evaluate and say which is the best decision and we will take it from there,” he told reporters last week after MBSB held its annual general meeting.

He said the critical work was in closing the gap in the operations to be in line with the authorities and the regulatory framework of the central bank.

“Right now MBSB is not governed by the central bank, and for the last two years we have put in place policies, procedures and requirements to be more like a bank so that when we do it becomes easier,” he said of MBSB’s effort to get recognition as a financial institution.

Any form of corporate exercise involving financial institutions, Zaini said, must get the blessing of Bank Negara Malaysia.

“But this is something in the future, we don’t know yet and it’s really up to the shareholders to push and talk to the relevant authorities.”

In February, The Star reported that the idea of a merger between both lenders was mooted at the shareholder level of both companies, namely the Employees Provident Fund (EPF) and Lembaga Tabung Haji (LTH), according to sources.

“A common factor the two companies have is Samsudin Osman, who is chairman of EPF and BIMB Holdings Bhd – Bank Islam’s listed parent company. BIMB wholly owns Bank Islam, which is its main income generator,” it had reported.

“Because of their common chairman, the two parties have a close relationship,” said sources.

Zaini had also said in an interview with StarBizWeek that for the company to get out of its status as a non-banking institution and to work towards a financial institution platform, it needs to seriously look into a corporate exercise in the very near future.

Zaini had said that it would have to be a marriage between retail and corporate, given that he felt MBSB can contribute more on the latter.

On the other hand, Bank Islam’s managing director Zukri Samat said last year that the bank was open to merger and acquisition candidates that can complement its strengths in consumer banking.

Zaini noted that MBSB has the capabilities to be granted its own banking licence, but this may take a longer journey for it to grow organically into a full-fledged bank.

“But as far as management is concerned, we are looking to strengthen our business model, our readiness and closing of the gaps,” he said last week.

The conversion of MBSB into an Islamic financial institution falls within a five-year plan which was drafted by the company years ago. It recently reactivated this aim after the mega merger fell through.

Meanwhile, MBSB is hoping to see loan growth of 8 per cent this year compared with 3 per cent last year, attributed to the “distraction” caused by the mega merger as the company was unable to implement certain strategies

Posted by Invest123 > 2015-04-22 20:15 | Report Abuse

Good!

Posted by bing > 2015-04-22 22:10 | Report Abuse

sure up lah!!! NOTHING CAN MADE IT DOWN!!!

Posted by i3i2i1 > 2015-04-23 06:50 | Report Abuse

i took half profit.. waiting for clear or to keep some for drp. weekly chart is OK but daily chart in higher risk already

Posted by RedEagle > 2015-04-23 08:00 | Report Abuse

come here and buy

Posted by Invest123 > 2015-04-23 10:49 | Report Abuse

Selling volume is big, who r selling? Why?

Posted by Novice_Investor > 2015-04-23 11:25 | Report Abuse

Is a good timing to buy in now with the price 2.30 ?

Posted by Invest123 > 2015-04-23 12:43 | Report Abuse

Upside 22 sen, why dropped?

Posted by i3i2i1 > 2015-04-23 14:15 | Report Abuse

those dont trust drp lo and those dont want being taxed for the div, selling today or tomorrow

Posted by i3i2i1 > 2015-04-23 17:04 | Report Abuse

seems like need to keep in fridge for next 3 months. next meeting or evaluation

Posted by Woody > 2015-04-23 20:27 | Report Abuse

Oh that's bad..I shud he bgt armada :-(

Posted by i3i2i1 > 2015-04-24 08:59 | Report Abuse

TGIF, last day to accumulate? show day?

Posted by i3i2i1 > 2015-04-24 09:23 | Report Abuse

sell more than buys

Posted by i3i2i1 > 2015-04-24 10:14 | Report Abuse

bye MBSB.. i come back after DRP and sell down, if any... or any news from BIMB merging

Posted by Invest123 > 2015-04-24 14:54 | Report Abuse

Sold mine too. Bye

Posted by i3i2i1 > 2015-04-24 15:00 | Report Abuse

Invest123, mind to share your reasons? any intention to come back? see Karex, after split/bonus, red red 7 days

Posted by zombie20 > 2015-04-24 16:37 | Report Abuse

last day today....hope for the best..........$$$$$$$$

Posted by Woody > 2015-04-24 16:57 | Report Abuse

Take dividends first, To keep or sell, decide later

Posted by bluefun > 2015-04-24 20:15 | Report Abuse

12 cents dividend in pocket, after ex-date for dividend, share price will be adjust to 2.17,

At the same time it mean the share price got big potential to moving up kekeke

up or down let market decide, dividend in pocket, woohoo :)

Posted by samer > 2015-04-24 20:19 | Report Abuse

Ex-date 27/4, I am going to sell it next monday

Posted by kl_82 > 2015-04-24 20:26 | Report Abuse

Ya, just follow. People sell, you also sell.
Let others collect.

Posted by beso > 2015-04-24 21:23 | Report Abuse

drp share at what price？anyone can share？

Posted by newbird82 > 2015-04-24 21:48 | Report Abuse

Just Keep! I can't see the reason why want to let go such good counter=)

Posted by Invest123 > 2015-04-25 00:04 | Report Abuse

i3i2i1 So much selling esp yesterday and I was very disappointed. Today just afraid it'd be like yesterday and worse after the ex date. I don't want my money got tied up for long and I suspect the market in coming days won't be that good. So, that's it and confident to get back my money soon.

Posted by Woody > 2015-04-25 23:08 | Report Abuse

If more and more people selling, thus price will drop...I will buy..wakaka

Posted by iTelex6 > 2015-04-26 15:07 | Report Abuse

Pxs will go up to encourage taking up drp.

Posted by i3i2i1 > 2015-04-26 23:37 | Report Abuse

up to you to decide, from the software i use, the risk is too high. market too high liao... if break down, mbsb price might be press down due to drp discounts too

Posted by i3i2i1 > 2015-04-27 09:09 | Report Abuse

good morning investors, lets see today's directions

Posted by smartly > 2015-04-27 09:58 | Report Abuse

holland.

Posted by i3i2i1 > 2015-04-27 10:06 | Report Abuse

as expected, not much ppl like div+drp, i wait at 2.04 (expect it might go below drp price)

Posted by smartly > 2015-04-27 10:13 | Report Abuse

take cash instead.

Posted by jepun_77 > 2015-04-27 10:28 | Report Abuse

1st day after adjustment..normal la drop a bit..then bounce back..

Posted by kimhaolian > 2015-04-27 10:49 | Report Abuse

When to submit application for drp or take dividend?

Posted by fortunebullz > 2015-04-27 11:25 | Report Abuse

Ex date! Opportunity to buy!

Posted by Fong Kh > 2015-04-27 11:27 | Report Abuse

no more

Posted by i3i2i1 > 2015-04-27 11:36 | Report Abuse

so fast?

Posted by me12mo > 2015-04-27 11:41 | Report Abuse

why price going down?

Posted by RedEagle > 2015-04-28 08:24 | Report Abuse

close to DRP price?

Posted by i3i2i1 > 2015-04-28 08:58 | Report Abuse

wait some more!

Posted by risktaker > 2015-04-28 12:54 | Report Abuse

What's the drp price. Interesting stock.

Posted by Invest123 > 2015-04-28 16:46 | Report Abuse

Below 2

Posted by AlexanderJin > 2015-04-28 16:57 | Report Abuse

1.91 drp price

Posted by risktaker > 2015-04-28 17:05 | Report Abuse

Thanks Invest123 and Alexander Jin.
Market doesn't look good. ASEAN Summit
over. Price may come down further??

Posted by i3i2i1 > 2015-04-28 17:20 | Report Abuse

i bought around current price few months back, but now very fast.. touching back the price i make 1st entering...

Posted by risktaker > 2015-04-28 17:27 | Report Abuse

Don't lose heart. Many people will sell
after dividend. Question is how low will
it go before bounce back.