Posted by losing > 2015-05-12 14:33 | Report Abuse

EPF IS HOLDING MORE THAN 60%. WHO ELSE CAN PUSH THE PRICE DROPPED TO SUCH LEVEL?

Posted by RedEagle > 2015-05-12 18:38 | Report Abuse

bleeding ahh..

Posted by Prcmenon Menon > 2015-05-12 19:13 | Report Abuse

No more sense to opt for DRP...better receive dividend and let EPF end up holding nearly 70%. If possible hold on to shares ....management is on the right track ....good longterm.

Posted by AJinvestor > 2015-05-13 13:59 | Report Abuse

price hiking today...good sign?

Posted by AlexanderJin > 2015-05-13 14:29 | Report Abuse

http://www.bfm.my/breakfast-grille-dato-zaini-mbsb.html

Posted by losing > 2015-05-13 16:03 | Report Abuse

I speculate EPF is pushing share price down as they holding more than 60% based on data as at 31 Dec 2014. This is to make the Dividend Reinvestment Scheme more attractive and investors have no choice but to opt Dividend Reinvestment Scheme and EPF will be taking dividend otherwise EPF shareholding may increase from 64% to >75%. What is point getting share? Is it real return? Lets all investors work together for this round to opt for dividend. If we opt dividend, share price will return to normal because market thinking we will opt share instead cash.

Posted by Prcmenon Menon > 2015-05-13 17:41 | Report Abuse

Price has gone down to the DRP price of 1.91 and is no more attractive to take up DRP. better take dividend...this is what EPF will also do looks like since it makes no sense otherwise. Price will start adjusting once the DRP ex date and market conditions improve. There is always possibility of a merger on this counter.

Posted by losing > 2015-05-14 10:56 | Report Abuse

If all of us choose dividend, the price will adjust back to RM2.20. Price move to DRP rate... Good to see everyone now can see the rationale.

Posted by drkervokian > 2015-05-14 17:15 | Report Abuse

Darn weird logic la you guys.either way the price will go down la. It needs to be averaged out.

Posted by AlexanderJin > 2015-05-15 00:07 | Report Abuse

MBSB has no toxic loans: CEO http://www.thestar.com.my/Business/Business-News/2015/05/14/MBSB-has-no-toxic-loans-says-ceo/?style=biz

Posted by AlexanderJin > 2015-05-15 00:12 | Report Abuse

In fact, MBSB is the 2nd cheapest bank based on price-to-book only after Affin Holdings.

Posted by AlexanderJin > 2015-05-15 00:12 | Report Abuse

This CEO is doing something at least. Better than many other CEOs whom just stay behind the closed door when companies are doing badly.

Posted by cyeec2000 > 2015-05-15 08:40 | Report Abuse

Actually the management is better than cimb

Posted by kakashii > 2015-05-15 12:07 | Report Abuse

I am selling all my mbsb....no more merge with Bank Islam...plan to buy Kuwait Finance instead. Disappointed :(

Posted by keesh1970 > 2015-05-17 12:34 | Report Abuse

this counter from chart analysis was under down trend.

Posted by truthseeker1 > 2015-05-17 12:36 | Report Abuse

Drop worse than 12 sen dividend given. Why?

Posted by paulthesotong > 2015-05-17 12:38 | Report Abuse

Woh! Expectation RI of Rm 3Biillion on the card. U think our EPF as cash cow, now Mbsb then Rhb.

Posted by socaisocai > 2015-05-18 10:26 | Report Abuse

right issue again to get money from shareholder..want to become islamic bank so aggressively!

Posted by Icon8888 > 2015-05-18 10:54 | Report Abuse

Silly company, keep giving dividend, yet keep asking for money from shareholders

Posted by socaisocai > May 18, 2015 10:26 AM | Report Abuse

right issue again to get money from shareholder..want to become islamic bank so aggressively!

Posted by AlexanderJin > 2015-05-18 11:05 | Report Abuse

i think maybe they need the money to acquire KFH.

Posted by Jeremy Loi Fuang Suu > 2015-05-18 11:29 | Report Abuse

but after 2 years.. not a good sign when strong buying support but price remain.. Dy vs Right Issue + 2 years holding opportunity cost. Really need patience.

Posted by losing > 2015-05-18 14:07 | Report Abuse

where got rights issue?

Posted by AlexanderJin > 2015-05-18 14:32 | Report Abuse

I heard from BFM this morning. Planning for.

Posted by Prcmenon Menon > 2015-05-18 18:51 | Report Abuse

This week's Edge quotes the CEO of MBSB saying that they plan to raise RM3bln through a rights issue which is expected to be announce sometime middle of this year. The proceeds are towards business expansion through a Merger and Acquisition exercise. They are not interested in KFH but an Islamic commercial Bank like Bank Islam which is still in their radar. It was also mentioned that the major shareholders could be in discussion.

Posted by enumaelish > 2015-05-19 10:17 | Report Abuse

this ceo has been barking for few years about becoming full fledge bank.previously say 2016 become full bank...now say wan become islamic bank by 2020.i wonder if he still around by tat time mayb jum ship to mas airline n if he still around am sure he will say full fledge bank by 2030!

Posted by Prcmenon Menon > 2015-05-19 18:51 | Report Abuse

They had a RI in 2014 - 1 rights share for every 2 held @ RM1.64. Now talking about raising 3bln through RI again - maybe there is something brewing or maybe just talk only no action.

Posted by cyeec2000 > 2015-05-19 23:22 | Report Abuse

EPF is agree to RI again?Maybe not likely..

Posted by cooling > 2015-05-19 23:26 | Report Abuse

when they need money to acquire bank means share price will drop further

Posted by kquah3 > 2015-05-20 20:44 | Report Abuse

i cut loss due to not confident anymore in the management direction..

Posted by Vaylens Chong > 2015-05-20 20:46 | Report Abuse

Bad Counter!!!

Posted by cyeec2000 > 2015-05-21 08:27 | Report Abuse

Mbsb is SME,they need more time to growth.

Posted by AJinvestor > 2015-05-21 16:54 | Report Abuse

better luck next time!...

Posted by AlexanderJin > 2015-05-25 11:06 | Report Abuse

http://www.theedgemarkets.com/my/article/malaysia-building-raises-bar-loan-coverage-bank-license

Posted by SapuMalaysia > 2015-05-26 13:53 | Report Abuse

Free fall until want to sell my underwear now.

Posted by davidkkw79 > 2015-05-26 22:10 | Report Abuse

Mbsb drop so much is because if saying got related with 1MDB debt !

Posted by davidkkw79 > 2015-05-26 22:10 | Report Abuse

Run as fast as u can

Posted by babu > 2015-05-27 08:44 | Report Abuse

davidkkw79, please don't anyhow say ........ MBSB is not a commercial bank, how can it got related to 1MDB debt ???

Posted by Prcmenon Menon > 2015-05-27 18:40 | Report Abuse

Hold tight for long term ...they have been posting consistently good results except that now they have started increasing provisions to be in line with the banking industry. I guess they will still pay 10sen dividend on the way towards strengthening their balance sheet which will then see their prices taking off as they come closer towards clinching Islamic Bank status on their own or through merger.
Another possibility is for EPF to take it private say at 1.4 times book value before merging with say BIMB....any comments welcome.

Posted by MrNobody > 2015-05-27 18:42 | Report Abuse

dont make me didi laugh la.
this company long term? the long term is to be bailed out again by cimb or rhb that is epf related.

full of problem loans inside. time bomb ticking. tick tok tick tok.

very soon rm1.00

Posted by Prcmenon Menon > 2015-05-27 18:55 | Report Abuse

some people like to make comments based on emotion perhaps related to losses they suffered on this counter. I too am down 6 figures but I still have confidence and hold on, base my comments by reference to past six years results and the management drive towards the next target towards becoming intergrated with an Islamic Bank. Anyway each individual should make your own decision as there are always risks in investing in stocks.

Posted by RedEagle > 2015-05-28 11:35 | Report Abuse

good price now to buy

Posted by davidkkw79 > 2015-05-28 11:37 | Report Abuse

too much poison loan is hiding under carpet...

Posted by RedEagle > 2015-05-28 12:52 | Report Abuse

i thought revenue increase.. where to get analysist for poison loan?

Posted by AlexanderJin > 2015-05-28 15:18 | Report Abuse

Has anyone received dividend cash or dividend shares today?

Posted by beso > 2015-05-28 17:07 | Report Abuse

dividend in

Posted by beso > 2015-05-28 17:09 | Report Abuse

mbsb is sinking

Posted by oasischeah > 2015-05-28 17:19 | Report Abuse

What happen to this MBSB? RM1.81 is cheapest now. Foreign interest is keeping out of Malaysian market.

Posted by Prcmenon Menon > 2015-05-28 18:08 | Report Abuse

DRP total subscribed 121mln.shares against 170mln. on offer. Assuming EPF took up 64% full entitlement = 109mln. leaving only 12mln. taken up by others. I too opted for dividend in full.
At current price it is unlikely there will be call for rights issue which is more likely when price above 2.20. Note last rights issue was in end 2013 at 1.63. RI would normally be at 25 to 30%discount to market price. Also note they paid 33sen dividend prior to last rights issue. So I have to decided to hold while the weak sellers quit.

Posted by Stan Lee > 2015-05-29 10:14 | Report Abuse

epf got 1.7b stock,should cry die

Posted by Prcmenon Menon > 2015-05-30 21:14 | Report Abuse

NTA is RM1.78 and based on previous RI @ 1.63 I frankly think this stock has been hammered by the analysts trying to outdo each other and the public following like sheep. Look at bimb NTA is below RM2 and yet trading about RM4. Overall market sentiment is weak yet another reason for all stocks to be down. MBSB is bound to go up since next RI will have to be priced above RM1.63 after 25 to 30% discount to market price. Matter of time. Weak sellers should of course get out and I think most have alrready done so.