Posted by fishbone > 2013-08-15 22:47 | Report Abuse

C Choo, what i meant is for long term investment. As the share price has gone up by 10% within a short time, it may retrace in the short term. You may wait for it to retrace before going in.
The company is due for its financial result end of august. If the results are good, it will continue to go up. I think there may be limited downside risk in the short term because the share price is supported by the dividend

Posted by renacheah > 2013-08-16 16:26 | Report Abuse

Would anyone know when is MNRB distributing their dividends and how much?

Posted by gark > 2013-08-19 11:11 | Report Abuse

Dividend distribute after AGM, will announce by end of this month. Proposed 32 cents less tax.

Posted by gark > 2013-08-19 11:36 | Report Abuse

Currently MNRB has NET cash & investment for sale (mostly bonds) (after minus debt) at ~ RM 5/share. At current prices the business entity of MNRB is being sold for free.

Posted by gark > 2013-08-19 11:40 | Report Abuse

Those that is hoping for a fantastic Quarter might be disappointing. Although the insurance business remains robust, it might have to mark to market its large investment holdings in MGS bonds, so the next earning from investment will likely be flat or only slightly positive.

Posted by Superb99 > 2013-08-20 08:42 | Report Abuse

gark, any idea why its shareholder, amanahraya keep dumping the share like nobody's business?

Posted by caca3109 > 2013-08-20 09:34 | Report Abuse

gark,any idea, ASM&ASB selling shares at no prices after market.

Posted by cherry tomato > 2013-08-20 09:54 | Report Abuse

wah drop 10 cents
Alamak

Posted by hng33 > 2013-08-20 14:37 | Report Abuse

Ok, Bought MNRB at 3.60

Posted by hng33 > 2013-08-20 15:39 | Report Abuse

final dividend 32sen should be announcing soon, yield at 8.88% is ' Huat Huat Huat'

Posted by prudentinvestor > 2013-08-20 15:54 | Report Abuse

Should make some money once the final dividend of 32 sen gross is officially announced.

Posted by Caiyi Choo > 2013-08-20 17:32 | Report Abuse

Wow hng33 u good i boiught at 3.66

Posted by hng33 > 2013-08-20 17:37 | Report Abuse

Caiyi Choo

Bought at 3.60, and final dividend 32sen yield at 8.88% is ' Huat Huat Huat' :)

Posted by Caiyi Choo > 2013-08-21 08:48 | Report Abuse

U huat hng33 me less lor

Posted by hng33 > 2013-08-21 09:45 | Report Abuse

Sold at 3.65, taking contra profit first, will buyback later if on weakness again

Posted by hng33 > 2013-08-21 15:01 | Report Abuse

I'm swap MNRB to RCE capital at 27.5sen, for its upcoming 1.5sen TE, yield at 5.45 % nett, comparable with MNRB 8.88% gross yield or 6.66% net yield; 1% lower yield.

Posted by prudentinvestor > 2013-08-21 20:06 | Report Abuse

MNRB shares should go up higher than its recent peak (RM 3.86) once the final gross dividend of 32 sen per share is announced next week, provided its latest earnings are in line with market expectations.

Posted by Caiyi Choo > 2013-08-21 20:56 | Report Abuse

I also aim rce cap but .275 no concidence to go in any opinion

Posted by Superb99 > 2013-08-21 22:07 | Report Abuse

hng33, why u drop 6.66% and take up 5.45%, any reason?

Posted by hng33 > 2013-08-21 22:50 | Report Abuse

Superb99

I'm bit afraid of MNRB very fluctuation earning, the quarter result may even record loss if claim spike....

RCE although record two consecutive loss due to provision for impairment assets to comply more stringent BNM guidance, but the provision has all take into account, the next quarter will turnaround into positive earning.

The absolute value is much lower at 27.5sen vs. MNRB RM 3.63, the movement of minimum 0.5sen already enough to make profit.

Posted by Superb99 > 2013-08-22 05:08 | Report Abuse

ic ur point, thanks

Posted by Caiyi Choo > 2013-08-22 09:14 | Report Abuse

Hng 33 ..get your point ..my mnrb still high to break even

Posted by hng33 > 2013-08-22 17:22 | Report Abuse

Bought back MNRB at 3.52-3.55

Posted by Caiyi Choo > 2013-08-22 23:49 | Report Abuse

Just bought 3.50 infact 3.66 for averaging . Will anounce dividen?

Posted by AK $$ > 2013-08-23 11:22 | Report Abuse

This stock has lost steam by the looks of it...

Posted by cherry tomato > 2013-08-23 13:46 | Report Abuse

Caiyi Choo:Dividend already announce few month ago. Nothing bit.

Posted by cherry tomato > 2013-08-23 13:49 | Report Abuse

Now already in down trend mode. By though that not harm hold for long long long time, then prepared to stuck in this just for the dividend sick. Then u will loss the other opportunities to earn other better stock.
Furthermore the result are deteriorating. BLOOD will be see again.

Posted by cherry tomato > 2013-08-23 14:44 | Report Abuse

for those wanna to buy MNRB might as well buy Daiman. As Daiman also declared dividend soon, as it have potential of uptrend.

Posted by Caiyi Choo > 2013-08-23 18:41 | Report Abuse

Willl check daiman ..cherry tomato thks for advice..yea i tot go hold this for long term n divden

Posted by Caiyi Choo > 2013-08-23 18:43 | Report Abuse

Daiman ..what bezt price to go in ..when exdate or annouce ..later Nnoics price will up wor.adv cherry tomato?

Posted by cherry tomato > 2013-08-24 11:09 | Report Abuse

actually even for long term i will not suggest to buy MNRB. ie if u buy now because of the dividend yield, later on the share price down like skyrocket due to weak company profit, then the current price that u in will be loss even u cover dividend net 0.24 cents.

As now the KPS EGM already on, the after disposal special dividend of 0.235 cents vs current price 1.88 are far better then MNRB dividend 0.24 vs current price of 3.55

Therefore buying MNRB will bring u to loss making in later part. And stuck in this share for long long long period. Where u lost opportunity time to buy other potential stock.

Posted by hng33 > 2013-08-26 15:03 | Report Abuse

cherry tomato

I think with 32 sen dividend or more than attractive 9% yield, MNRB share price should react positively once these 32sen dividend is declare by these week.

Posted by cherry tomato > 2013-08-26 15:40 | Report Abuse

my opinion is with this kind of market uncertainty, most people will rather reserve cash for better stock rather than go for high dividend yield but stuck the cash in it in. As u can see even it announced on 30 Aug (which is usual date). But the entitlement will be said Oct (assume AGM on end of Sept).
During this period more bargain on better capital gain stock. Unless B4 the entitlement date the share price is drop dramatically otherwise who wanna to stuck in this high price stock.

Posted by hng33 > 2013-08-26 19:31 | Report Abuse

Apart from surplus in underwriting, MNRB also derive substantial income from stock investment. Its Q2 result will be from 1 Apr- 30 Jun, KLCI index increase from 1667 to 1773, an increase of 106 point.

Posted by hng33 > 2013-08-26 19:37 | Report Abuse

cherry tomato

Its a risk management to include some high yield or low beta stock in portfolio to act as buffer to cushion those with relatively higher risk but have more high growth potential, high beta or theme derive stock.

Posted by cherry tomato > 2013-08-27 10:16 | Report Abuse

hng33:Q2 result is from 1 July to 30 Sept.

Posted by hng33 > 2013-08-27 11:22 | Report Abuse

Bought more MNRB at 3.39

cherry tomato, sorry, i am referring to upcoming Q1 result to release by these week

Posted by hng33 > 2013-08-27 15:36 | Report Abuse

Bought maximum MNRB at 3.38

Index seem find good support at 1700 now, time to pare down loss

Posted by Superb99 > 2013-08-27 23:05 | Report Abuse

dun play play....us drop 100 pts now

Posted by Superb99 > 2013-08-28 06:32 | Report Abuse

dj down by 170 pts...now is the time to test the holding power....looking at the overall mkt condition now, 1700 for klci is still considered high...if u got money...can try to average ur price by averaging it for every drop of 50 pts

Posted by cherry tomato > 2013-08-28 07:23 | Report Abuse

wait till drop till friday only buy. that time may 3.00

Posted by hng33 > 2013-08-28 10:06 | Report Abuse

MNRB 32sen dividend already give rise to about 10% dividend yield based on current share price already. Downside very limited.

Posted by cherry tomato > 2013-08-28 10:25 | Report Abuse

in this bear market taken over bull. I only can said whatever dividend also useless.
People only concern if I bot now, do I have opportunity to sell off later.
Furthermore it insurance business not doing well, it will affect their financial position.

Even giant like Maybank also wanna to sell off their insurance business.

Posted by Abudance > 2013-08-28 10:31 | Report Abuse

Yes. Carlsbergs declared 5% dividend ...YET dropped rm1000 already! Another eg don't hold for dividend

Posted by cherry tomato > 2013-08-28 10:45 | Report Abuse

Daiman yesterday just declared dividend 12% less 25% tax = 0.09.
Dividend yield is 3.55% today also drop like HELL.

In this bear position, no dividend yield will prevent share price from dropping.

If u hold for dividend yield u will miss out a lot opportunity for u to earn >10% gain in later stage.

Posted by cherry tomato > 2013-08-28 10:50 | Report Abuse

Presbhd also declared 3 cents interim dividend yesterday.
But share price also plumge like HELL.

hng33 don't waste your capital just because tiny dividend yield. U will stuck in later part.

MNRB actual price is far below RM3.00

Posted by hng33 > 2013-08-28 11:18 | Report Abuse

cherry tomato

Lets wait and see.

Posted by cherry tomato > 2013-08-28 11:31 | Report Abuse

hng33 no need to wait and see. I been monitor this stock for 4 months.
From not yet inform got dividend to announce dividend. This Friday declaration is just an formality only.
Once I hit top price, it will drop dramatically. and take 2-3 months to up a bit.

Posted by hng33 > 2013-08-28 11:41 | Report Abuse

cherry tomato

I don't think there is neutral or nil effect once dividend is declare. We should wait and see the effect of dividend to the share price once it is declare.

Posted by cherry tomato > 2013-08-28 12:08 | Report Abuse

hng33 u just look at Kseng even already announce this year going to declared 0.96 cents dividend progressively the share price also drop like hell. not to said MNRB only net 0.24 which is 7.22% vs Kseng 17.7% (0.96/5.40).

Don't keep flow back to ur fundamental in this bear market.
No analysis or fundamental are useful in this bear market.

People just need CASH to survive.