MNRB HOLDINGS BHD

KLSE (MYR): MNRB (6459)

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Last Price

2.13

Today's Change

+0.01 (0.47%)

Day's Change

2.10 - 2.13

Trading Volume

509,600


9 people like this.

3,899 comment(s). Last comment by GLNT 2 days ago

loyalok

161 posts

Posted by loyalok > 2015-08-02 17:06 | Report Abuse

The chance to announce bonus issue is possible as NTA is >6

Icon8888

18,658 posts

Posted by Icon8888 > 2015-08-02 17:46 | Report Abuse

Maybe a rights + bonus

A rights is not necessarily a bad thing. Money used to invest in profitable business, which in turn will generate more dividend.

I keep my mind open

Wikiileaks

262 posts

Posted by Wikiileaks > 2015-08-03 01:13 | Report Abuse

Don't be stupid! R8ght nvr good th8ng!

Posted by littleduck > 2015-08-03 08:45 | Report Abuse

The share price has spoken the truth. The combined ratio > 100%, the claims always higher than written premium. The core business is not making money. All depends on the investment income and whereby the under writing loss has eaten up the investment profit. How do u justify it is a profit making business?

Posted by littleduck > 2015-08-03 08:47 | Report Abuse

Look at the latest annual report, new subsidary Amcash 1 and Amcash 2 sound fishsy to me.

Posted by Kian Leong Lim > 2015-08-13 08:14 | Report Abuse

You are the corner stone of Malaysia's insurance industry, you shouldn't let your share price goes up and down like this, always following other people, keeping yourself behind other insurance companies, this is bad for company reputation. Increase your reputation, show some leadership and entrepreneur quality, this is good for future business prospects.

Posted by Kian Leong Lim > 2015-08-21 10:08 | Report Abuse

On your annual report of 2015, it shows:
On page 112, Net profit for group for the year: RM 139 million
On page 112, Dividend for shareholders for the year: RM 35 million
On page 153-154, Directors remuneration wages and bonuses (for 12 directors): RM 9.181 million
On page 153, wages and salaries for the year for employees: RM 88 million
This company is surely making 12 people very rich every year. By comparison, % goes to dividends for shareholders=35/139=25% or % goes to 12 directors=9.2/139=6.6% or % goes to employees=88/139=63%.
On page 239, total number of shareholders 5652. This shows that 5652 people get a share of 25% of the net profit while 12 people gets 6.6% of which one executive director gets between 2~2.5 million shown on page 155.

The 12 people that makes RM9.181, how much time they have met for the year, they only met for 10 board meetings for the year shown on page 52.

Posted by Kian Leong Lim > 2015-08-21 10:15 | Report Abuse

This is a crazy world, what for 5652 people want to invest in a company that pays 12 people that meet only 10 times a year for RM9.18 million when they all the 5652 of them only gets to share the RM 35 million only! When you determine whether a company is of value to investors or not, you have to see whether the directors and the shareholders are treated fairly or not. This is first investment rule of all people.

Cipta

1,038 posts

Posted by Cipta > 2015-08-25 18:05 | Report Abuse

Well said Kian Leong!

cheoky

2,823 posts

Posted by cheoky > 2015-08-27 00:04 | Report Abuse

wrote to the chairman asking for dividend. Interest of stakeholders must align

kahhoeng

3,926 posts

Posted by kahhoeng > 2015-09-01 09:32 | Report Abuse

cheoky, good luck with that. I was wrote them TWICE about MAS crash impact on MNRB, guess what, no reply!

flyflyfly

42 posts

Posted by flyflyfly > 2015-09-02 16:01 | Report Abuse

we want dividend!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

loyalok

161 posts

Posted by loyalok > 2015-09-04 17:14 | Report Abuse

suppose has announcement about dividend but till now still haven't !

Posted by skywarrior > 2015-09-04 22:41 | Report Abuse

there is no divident for this year

loyalok

161 posts

Posted by loyalok > 2015-09-07 13:50 | Report Abuse

true ?it will loss trustee stock status !!

kahhoeng

3,926 posts

Posted by kahhoeng > 2015-09-07 21:53 | Report Abuse

loyalok, the no dividend announcement can only be found in annual report, which is why you haven't seen any announcement. Only when there is a dividend will there be an announcement. Of course, if MNRB board of directors really care about small fishes like us, they could have put a note to its quarter report announcement.

Posted by prudentinvestor > 2015-10-15 17:59 | Report Abuse

High time for this counter to go up. PE is only around 5.

Posted by littleduck > 2015-10-20 12:04 | Report Abuse

how to go up whereby all facts shows negative.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-24 11:00 | Report Abuse

Excellent idea, actually

Posted by littleduck > 2015-11-09 16:59 | Report Abuse

OMG...someone just bought a block of 233 lots.

Posted by prudentinvestor > 2015-11-11 12:33 | Report Abuse

MNRB's net earnings per share ranged from a low of 22.6 sen to a high of 73.2 sen over the past 6 years, with an average of 51.4 sen. In its latest quarter, its earnings per share has already reached 18 sen. Its share price dropped because it failed to declare any dividend for its financial year ended 31/03/2015, not because of poor earnings. ASB and PNB together control nearly 60 % of MNRB.

Posted by littleduck > 2015-11-11 18:09 | Report Abuse

fail company until proved by its price!

Posted by littleduck > 2015-11-11 18:22 | Report Abuse

Price is what you paid, value is what you get!

Posted by prudentinvestor > 2015-11-20 20:11 | Report Abuse

If the earnings per share is maintained at not much less than 18 sen, there is a high possibility that MNRB's price would move up quite substantially.

Posted by littleduck > 2015-11-26 18:08 | Report Abuse

Icon8888 is having a good day after seeing MNRB earning.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-11-26 18:11 | Report Abuse

oh dear... what happened ? Littlefuck, errr..typo.. I mean Littleduck u r so clever.....

Posted by littleduck > 2015-11-26 20:30 | Report Abuse

Icon8888...i am not trying to outsmart u but u r way too below par with ur judgement. Hope u did not all in and get called! May the best luck be with you...what you need now is one time!

Icon8888

18,658 posts

Posted by Icon8888 > 2015-11-26 20:31 | Report Abuse

Ok whatever

Posted by prudentinvestor > 2015-11-27 12:39 | Report Abuse

While some small investors might be a bit edgy about MNRB's latest performance and disposed of their shares, others were happily picking them up.

cheated

948 posts

Posted by cheated > 2015-11-28 02:19 | Report Abuse

Why Leno the cat cheat me? He once recommend MNRB highly.

Posted by prudentinvestor > 2015-11-30 10:22 | Report Abuse

Use someone's recommendation as a guide only. The decision to buy or not to buy is made by you, not by others.

CUTLOST

5,178 posts

Posted by CUTLOST > 2015-11-30 23:20 | Report Abuse

Time to buy and keep it

Nex0103

6 posts

Posted by Nex0103 > 2016-01-14 01:02 | Report Abuse

this share is worth to buy ;)

jtpc2006

984 posts

Posted by jtpc2006 > 2016-01-27 16:55 | Report Abuse

this is a gem, NTA over RM6 , current price RM3, have started buying..

jtpc2006

984 posts

Posted by jtpc2006 > 2016-01-28 09:37 | Report Abuse

buy for keeping, good times bad times, cannot go wrong

jtpc2006

984 posts

Posted by jtpc2006 > 2016-02-02 11:36 | Report Abuse

buy and keep collecting this jewel, NTA very high

jtpc2006

984 posts

Posted by jtpc2006 > 2016-02-04 13:39 | Report Abuse

buyers are lurking to snap and buy more

Posted by littleduck > 2016-02-25 18:05 | Report Abuse

gone case

Posted by prudentinvestor > 2016-02-26 10:29 | Report Abuse

I think MNRB has lost lots of money again in its latest quarter ended 31/12/2015. Should shun this counter completely. Better to switch to Maybank, CIMB or RHB.

limko1

283 posts

Posted by limko1 > 2016-02-26 10:37 | Report Abuse

MNRB cannot decide on its own the amount of dividend to pay, it has to obtain the approval of BNM.

jtpc2006

984 posts

Posted by jtpc2006 > 2016-02-26 11:43 | Report Abuse

NTA is more than twice the current prx, which counter can you find like this gem?

Posted by prudentinvestor > 2016-02-27 12:46 | Report Abuse

FACBIND's NTA is at least RM 2.50 and the counter is trading at only RM 1.04 and it has over RM 150 million net cash or RM 1.76 per share.

jtpc2006

984 posts

Posted by jtpc2006 > 2016-02-29 11:09 | Report Abuse

FACBIND may be cash rich, but sadly very little dividends every year. Company prefers to keep money in bank and poor ROA.

jtpc2006

984 posts

Posted by jtpc2006 > 2016-02-29 11:13 | Report Abuse

invest in MNRB

Posted by prudentinvestor > 2016-02-29 11:20 | Report Abuse

I disposed of MNRB several months ago at around RM 3.15 after a 10% loss, lucky to have sold.

Nex0103

6 posts

Posted by Nex0103 > 2016-03-14 23:38 | Report Abuse

Time to buy in more stocks

jtpc2006

984 posts

Posted by jtpc2006 > 2016-03-21 08:33 | Report Abuse

privatization or take over target will be very good!

stkong123

44 posts

Posted by stkong123 > 2016-04-23 20:07 | Report Abuse

dear folks/fellow investors.... re-insurers are accorded lousy valuation coz of too many calamities the past year or so ... just take a look at newly listed China-Re ..... better bet on life or general insurers ........ go for Prudential, AIA and Great Eastern instead

stkong123

44 posts

Posted by stkong123 > 2016-04-24 08:38 | Report Abuse

Foresee some restructuring exercise at mnrb soon... takaful ihklas .. general insurance arm to be detached and separately listed

Junichiro

2,052 posts

Posted by Junichiro > 2016-04-27 11:33 | Report Abuse

This is a thinly traded stock. It is for long term investors rather than traders.

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