Posted by Superb99 > 2014-08-08 16:32 | Report Abuse

price keeps dropping...

Posted by kahhoeng > 2014-08-20 13:43 | Report Abuse

Hmm... luckily I bought some at 4.50 and 4.54, hope to see 5, will I?

Posted by Ironbull > 2014-08-22 22:38 | Report Abuse

Today bought some MNRB.

Posted by Superb99 > 2014-08-27 09:08 | Report Abuse

Any news for its quarterly result??

Posted by Proffesional_loser > 2014-08-27 11:14 | Report Abuse

RM154 millions profit last year compared to RM114 millions profit 2 years ago. Profit increases but pay less dividends?? What is wrong?

Posted by littleduck > 2014-08-27 12:54 | Report Abuse

huge loss ahead!

Posted by Chua Yoke Lian > 2014-08-27 16:43 | Report Abuse

i also worry about huge loss ahead

Posted by kahhoeng > 2014-08-27 22:50 | Report Abuse

quarter report will be out the latest Friday, we shall know...

Posted by cfoong > 2014-08-27 23:11 | Report Abuse

As far as it is still low in his evaluation, it will be worth to hold on.. It is usual for the insurance bisnes for having inconsistency of profit over the period of times.. let look at Berkshire's Geico...it is same...because it depends on the compensation payout...

Posted by Superb99 > 2014-08-28 09:19 | Report Abuse

should pay more dividend if the profit is good...

Posted by kahhoeng > 2014-08-28 18:35 | Report Abuse

Excellent 1st quarter result of over 42 mil profit, 19.8 cents per share

Posted by changbl > 2014-08-28 18:51 | Report Abuse

YIPEEEEE!!!!!!!!!!! MNRB will fly to the MOON!!!!!!!!!!!!!!!!

Posted by MsPaulineChai > 2014-08-28 19:33 | Report Abuse

Darn ! At this rate of celebration, I doubt leno will ever want to come out from the jail. She still laughing guling-guling on the cell floor.

Posted by cfoong > 2014-08-29 08:06 | Report Abuse

Remember tht time it reported good profit in 2013..its shares prices went up only from 3.62 to 3.74....and soon retreat to 3.50/3.55 before going up again...and gradually reaching 4.60++ now.. I saw MNRB ... the image which is similar to PGas or Pet Dagangan...which the prices stagnant at 7.00 and 9.90 for quite some times...at one level but it will be moving up finally... Patience... esp MNRB is undervalued...from its NAV and PE.. altough div yield this years reducing substantially..

Posted by Ironbull > 2014-08-29 21:57 | Report Abuse

Hi, cfoong, wow...you must be a sifu...Pet Dagangan ...was 7 something previous years ago(2008)...now 20...

Posted by cfoong > 2014-09-03 08:09 | Report Abuse

Ironbull, we are jus learning and sharing... this is human's life. No "si fu " la... :)

Posted by kahhoeng > 2014-09-03 10:30 | Report Abuse

Hi, any of you attending AGM on Sep 18? Could you ask why the dividend is lowered to less than 40% of net profit?

Posted by littleduck > 2014-09-03 10:42 | Report Abuse

Read the annual report....reduce is because RBC framework by BNM.

Posted by kahhoeng > 2014-09-03 11:43 | Report Abuse

thanks, will read that again, guess not paying enough attention...

Posted by FX Lee > 2014-09-03 22:59 | Report Abuse

accending trangle....... may trigger break out above RM 4.90

Posted by alpacino > 2014-09-12 13:55 | Report Abuse

Hope roll out green carpet soon to RM5.

Posted by kt888 88 > 2014-09-18 20:43 | Report Abuse

Kuala Lumpur, 18 September 2014 – The MNRB Group recorded a RM88 million increase in revenue to RM2.4 billion for the financial year ended 31 March 2014 (FY2014) in comparison to the revenue of RM2.3 billion recorded previously.

Encik Sharkawi Alis, Chairman of MNRB said, “The improvement in the Group’s revenue was a result of the increase in gross premiums and contributions by our subsidiaries, mainly, Malaysian Reinsurance Berhad (Malaysian Re) and Takaful Ikhlas Berhad (Takaful IKHLAS) respectively”.

The Group registered gross premiums and contributions amounting to RM2.2 billion for FY2014 representing an increase of RM66.4 million as compared to RM2.1 billion in the preceding year. The Group’s total investment income amounted to RM174.2 million in FY2014, a 14.7% or RM22.3 million increase over the RM151.9 million recorded previously.

“The Group also registered an increase of 38.5% in net profit to RM156 million in FY2014 from RM112.7 million in FY2013 due to the higher underwriting surplus of Malaysian Re. For the financial year under review, the Group’s earnings per share increased by 20.3 sen to 73.2 sen as compared to 52.9 sen previously”, added Encik Sharkawi.

Meanwhile, the Group’s reinsurance arm, Malaysian Re, registered total gross premiums of RM1.34 billion, representing a RM65.8 million increase in comparison to the RM1.28 billion registered in FY2013. For the financial year under review, Malaysian Re registered a profit before tax of RM213.1 million, a 28.7% or RM47.5 million increase as compared to the profit before tax of RM165.6 million registered in the preceding year. The growth was due to improved underwriting results as well as higher investment income. As a result, the overall profit after tax of Malaysian Re stood at RM160.7 million in FY2014 as compared to RM124 million previously.

Takaful IKHLAS, MNRB’s takaful arm, recorded an increase of RM24 million in gross contributions to RM769.6 million for FY2014 from RM745.6 million previously. The net profit attributable to equity holders improved by 59.4% to RM16.1 million from RM10.1 million as a result of higher wakalah fees and surplus administration charges from takaful funds.

MNRB Retakaful Berhad (MRT), another subsidiary of MNRB, recorded an improvement in its results from a loss of RM12.9 million last year to a loss of RM1.2 million for FY2014.

Commenting on the Group’s prospects, Encik Sharkawi said, “The Board of Directors remains optimistic of the Group’s prospects for the new financial year. We will continue to focus our efforts and resources on exploring all opportunities and addressing all challenges. Moving forward, we will continue to assume a prudent and conservative approach in all that we undertake to ensure shareholder value creation remains our top priority”.

MNRB Holdings Berhad is an investment holding company. Amongst its wholly owned subsidiaries are Malaysian Reinsurance Berhad (Malaysian Re), Takaful Ikhlas Bhd. (Takaful IKHLAS), MNRB Retakaful Berhad (MRT) and Malaysian Re (Dubai) Ltd. (MRDL). MNRB is listed on the Main Market of the Bursa Malaysia Securities Berhad.

Posted by cfoong > 2014-09-19 10:44 | Report Abuse

Target back to NAV of approx 5.70... dah cukup la.. it is undervalued too much comparing to his peers..like Takaful, Alliance, Lonpac...

Posted by cfoong > 2014-10-02 13:36 | Report Abuse

haha... the best is ...it is less affected by the recent RON95 hike...

Posted by benjaminye > 2014-10-02 18:06 | Report Abuse

anybody knows their exposure in the MH17 & MH370?

Posted by KWTAN > 2014-10-07 11:45 | Report Abuse

top loser just now... what happened? got trashed?

Posted by ykloh > 2014-10-07 12:16 | Report Abuse

MNRB could have some exposure to the windstorm losses in Japan and elsewhere.

Posted by cfoong > 2014-10-07 15:04 | Report Abuse

haha... some joker sold a big junk of shares down all the way to 431...around 35,000u only... low BETA share is like tht... :)

Posted by KWTAN > 2014-10-10 09:28 | Report Abuse

omg.... saw no supporting at all ==

Posted by Heng611 > 2014-10-10 12:01 | Report Abuse

Go back to 3.80 soon

Posted by kahhoeng > 2014-10-14 13:48 | Report Abuse

Bought some @ 3.96

Posted by kahhoeng > 2014-10-21 18:58 | Report Abuse

They should have paid better dividend, hmm..., at least RM 0.25?

Posted by caiyidesign > 2014-10-30 23:02 | Report Abuse

price shoot up now

Posted by kahhoeng > 2014-10-31 20:21 | Report Abuse

move so slow

Posted by kahhoeng > 2014-11-05 19:25 | Report Abuse

any chance we get another dividend? Used to enjoy two dividends per year before financial crisis...

Posted by RJ > 2014-11-06 09:25 | Report Abuse

I doubt we'll get very much dividend this coming year. They said they need to shore up some cash to meet with some capital adequacy ratio or something of that sort.

Posted by kahhoeng > 2014-11-08 22:42 | Report Abuse

yes, still can't help but hope they would offer more dividends...

Posted by cfoong > 2014-11-21 23:55 | Report Abuse

This is one of the GLC whc still having such a low evaluation... let see wht his coming qtr result is good! (it shall be released next week)... continue~ holding on it... HOLD.

Posted by kahhoeng > 2014-11-27 20:30 | Report Abuse

good quarterly report, bad stock price performance, sigh... the board has to increase dividend

Posted by cfoong > 2014-11-28 08:46 | Report Abuse

I thk MNRB result is flat for this quarter... nothing to sound...le.. only his low evaluation remains intact..

Posted by rongzhou > 2014-11-30 20:39 | Report Abuse

MNRB still need some catalyst to make the price split...

Posted by Heng611 > 2014-12-01 15:03 | Report Abuse

This time RM3.6

Posted by kahhoeng > 2014-12-08 17:10 | Report Abuse

sold some MNRB today, sigh! need money to buy BJCorp and Puncak

Posted by kahhoeng > 2014-12-30 12:26 | Report Abuse

Does anyone has any idea how much MNRB will be affected by the flood?

Posted by cfoong > 2014-12-31 14:43 | Report Abuse

i clear all lo... with money channel to HK market... kikikikikikiki...

Posted by Cowboy > 2015-01-29 15:31 | Report Abuse

Easily 7 in the near future.

Posted by Cowboy > 2015-02-05 16:25 | Report Abuse

It will be a very long accumulation process, hard to get 10 lots a day. No one want to sell.

Posted by ykloh > 2015-02-22 00:42 | Report Abuse

Management expenses are not just about salaries. I think they also include commission which is about 5% - 10% of premium income, as well as such items like rent, travelling, administrative expenses and the like. Look further into the accounts you should normally find the details on salaries paid to employees.

Posted by prudentinvestor > 2015-02-26 23:09 | Report Abuse

I think the company is still reasonably sound. It lost money because it has made provision for losses incurred during the severe flood at the end of last year. The company may bounce back with a profit of over 30 sen per share in its final quarter, just like last year. You never know.

Posted by Nex0103 > 2015-04-22 21:27 | Report Abuse

This is a very promising company , Im sure it will go above 5.00 in short time !!!!