Posted by George Ngc > 2 months ago | Report Abuse

one thing i dont understand about this MNBR cash in bank... why only have 127 millions of cash in bank since this company every years make 100 millions abouve profit ? this latest financial year make 428 millions of profit ... Where this profit money go ? why no increase in cash in bank since got huge profit ???

1 second ago

Posted by danchong > 2 months ago | Report Abuse

According to the last QR, Financial and other assets RM11,412,544.

Posted by George Ngc > 2 months ago | Report Abuse

asset RM11,412,544 is 11.4 millions ?

Posted by George Ngc > 2 months ago | Report Abuse

Normally a company make huge profit you can see the company cash in bank increased a lot... look at Harta, Supermax, Kossan, MPI all make huge money with. 1000 millions of cash in Bank..... just dont understand this company profit goes where ....

Posted by danchong > 2 months ago | Report Abuse

sorry it is RM11,412,544,000.00

Posted by George Ngc > 2 months ago | Report Abuse

#danchong Thanks for your useful infor

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

@George Ngc cause MNRB is an insurance company and insurance co re-invest their profits into equities and fixed income assets. This is also the reason why Warren Buffett loves the insurance industry so much. Almost unlimited supply of money from life and motor insurance and then funnel all the profits and investment returns into buying up more assets.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

You cannot analyze an insurance company by using the valuation model for consumer discretionary and healthcare companies. It's apple and oranges dude

Posted by ykloh > 2 months ago | Report Abuse

The next surge will follow the declaration of a good final dividend. Expecting about 20 sens.

Posted by danchong > 2 months ago | Report Abuse

Strangely, We don't see any IBs' report this round.

Posted by mystery > 1 month ago | Report Abuse

Maybe IBs didnt see the chance that MRBB can post impressive results in next quarter results.

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Lol cause they release the earnings note to their internal clients bro. MNRB usually issues dividend in the first quarter of any fiscal year.

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

The selloff for the past few days was caused by AmanahRaya Trustee taking profits after 150% gain

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

All AmanahRaya Trustee related stocks dropping at the same time. Petra Energy, Apollo, Gamuda, MNRB and Naim

Posted by George Ngc > 1 month ago | Report Abuse

MNRN took Panadol already... the heat gone no more fever ( Hot Stock ) already.... Back to normal life trading volume drop , Supply more than demand....drop drop drop continue drop for 6 days.... So dont compared with others insurance stock price Takaful, LPI, Allianz .......

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

I know this guy Chung. Guy living in Kuchai Lama with over 35 years of investing experience. He is good so I believe him

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Can you explain why you think that the profit is not sustainable? Because from what I can gather, the company can keep the momentum going for their non-life business

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Obviously I respect Chung's opinion but I think it is a bit unfair to compare this company with a completely fraudulent company like Serba Dinamik.

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

You were right about Top Glove losing market share to China and Serba Dinamik being a complete fraud but wrong on Dayang's impairment losses in 2022, Alam/Perdana Petroleum back in 2013 as well as Genetec. So will you be right this time on MNRB?

Posted by KeepLearning > 1 month ago | Report Abuse

cheapest insurance stock
PE 4-5
Keep buy

Posted by speakup > 1 month ago | Report Abuse

Cheapest bank is Mbsb Bank
Keep buy

Posted by MalaysiaEquityGuide > 1 month ago | Report Abuse

https://youtu.be/Tx3xLTmxU1s

banking sector small comparison i did, please see the youtube video on this, I will do more so please subscribe

Posted by troy88 > 1 month ago | Report Abuse

Oversold recently. Should resume uptrend again soon..

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Haha it’s ok la brother

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Sell off begins

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Retail investor all sold already is it? There is literally no volume

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

lol I thought y’all said wanna hold long term? All scared and sold already lmao

Posted by Slc1 > 1 month ago | Report Abuse

I still dumb dumb hold. 🤪

Posted by KeepLearning > 1 month ago | Report Abuse

undervalue
PE 4
Keep Buy

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Chung's comment on Lagenda
Chung
"買Lagenda的股票有風臉嗎？我覺的有一定的風臉就像玩三張,你拿了一張K牌，笫二張牌拿了一張3点牌，笫三張牌是一張3邊的牌，如果3邊牌是6点或是七点你就嬴錢,不然,一个不好運是8点那你就輸完"
English Translation: s buying Lagenda's stock risky? I think there's definitely some risk. It's like playing a three-card game. You draw a King for the first card, a 3 for the second card, and a card with three edges for the third. If the card with three edges is a 6 or a 7, you win money. Otherwise, if you're unlucky and get an 8, you lose everything."

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Lagenda now up 6%

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Guy has no idea what he is yapping about. Lost all credibility and respect from his 30 years of investing experience

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

gambling addict 100%. Zero deep dive analysis from his bearish commentary. Using gambling analogy (using card game as an example LOL) to describe holding a stock.

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

As for me, I am short term bearish on MNRB, but long term bullish on this company. I am not buying but I am not selling this stock either

Posted by Learner68 > 1 month ago | Report Abuse

I personally find Bernama post explained pretty well on their recent result. https://www.bernama.com/en/news.php?id=2295520

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

You know what Chung? At least I enjoy watching people make money. And I own stocks that I talk about on public forums. You, on the other hand, enjoy watching other's misery and downfall

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Asked you why you think the profit is not sustainable. And you keep harping on things only gamblers would say.

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

This time you are completely wrong. Disagree with everything you wrote

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Ahaha

Posted by soon9913 > 1 month ago | Report Abuse

Downtrend...

Posted by katara > 1 month ago | Report Abuse

buy mnrb n manulfe

Posted by speakup > 1 month ago | Report Abuse

Aduh catch falling knife

Posted by katara > 1 month ago | Report Abuse

jealous 😁

Posted by StartOfTheBull > 1 month ago | Report Abuse

Inpatient people selling that is why MNRB and Manulife cannot move up for the time being.

Posted by katara > 1 month ago | Report Abuse

hlfg also cheap

Posted by Moratorium > 1 month ago | Report Abuse

Technical: Check
Fundamental: Check

Time to move before dividend announcement...

Posted by KeepLearning > 1 week ago | Report Abuse

undervalue

Posted by GLNT > 4 days ago | Report Abuse

Please sell more. Time to load up.

Posted by Steven James > 1 day ago | Report Abuse

Hopeless management, till now still no dividend.

Posted by GLNT > 1 day ago | Report Abuse

Dividends are usually announced end of Sept every year lah. Why should it be different this year? Check history lah..yawn..