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

soon9913

2,708 posts

Posted by soon9913 > 2018-07-20 22:40 | Report Abuse

Rm1.5 could be a fair price

soon9913

2,708 posts

Posted by soon9913 > 2018-07-20 22:42 | Report Abuse

If good stock why no dividends although the eps showing good?

zoliza

2 posts

Posted by zoliza > 2018-07-21 14:14 | Report Abuse

it will go below 2.00

Posted by shareinvestor88 > 2018-07-22 23:48 | Report Abuse

Sell , RI on the way
TP 1.00

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-07-23 15:26 | Report Abuse

MNRB (at RM2.04 as at 4.44pm) is now trading at a very low PER of 4.8 times (based on last 4 quarters' EPS of 42.8 sen). Its PBR is also undemanding at 0.4 time. BAsed on such attractive valuation, MNRB is a good stock for long-term investment.

http://nexttrade.blogspot.com/

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-23 21:52 |

Post removed.Why?

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-07-24 09:07 | Report Abuse

undervalued..

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-07-24 09:48 | Report Abuse

waiting to collect more

tnang

683 posts

Posted by tnang > 2018-07-24 10:01 | Report Abuse

i cut loss, drop below support line, may go down to 172

TheContrarian

9,089 posts

Posted by TheContrarian > 2018-07-24 10:49 | Report Abuse

Contra players cut loss today.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-07-24 10:50 | Report Abuse

Collecting...

tnang

683 posts

Posted by tnang > 2018-07-24 10:56 | Report Abuse

below support line , becareful

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-07-24 11:49 | Report Abuse

collected 1.94

joetay

3,737 posts

Posted by joetay > 2018-07-24 11:51 |

Post removed.Why?

joetay

3,737 posts

Posted by joetay > 2018-07-24 12:04 | Report Abuse

waiting to see if mnrb will be issuing statement later in the afternoon.

joetay

3,737 posts

Posted by joetay > 2018-07-24 12:56 |

Post removed.Why?

tnang

683 posts

Posted by tnang > 2018-07-24 13:39 | Report Abuse

this aricle more Impact

soon9913

2,708 posts

Posted by soon9913 > 2018-07-24 17:18 | Report Abuse

aiyo.... no dividend, reduce in revenue, asking for money (right issus), investors got eye to see wht is happening one..

really dont understand Why insurance company could stop paying dividend for so many years yet still asking for money!? what is the mgt doing?

soon9913

2,708 posts

Posted by soon9913 > 2018-07-24 17:20 | Report Abuse

anyone thinks this stock is under value and good at number, please answer my question above pls...!! few years dividend already in their pocket also not enough!

Ron90

4,054 posts

Posted by Ron90 > 2018-07-24 20:12 | Report Abuse

big company but for many days got NO transaction at all !!.. should get an award, the most sleeping counter at KLSE :-)

TheContrarian

9,089 posts

Posted by TheContrarian > 2018-07-24 21:24 | Report Abuse

MNRB is a national strategic company established by the government via Permodalan Nasional Bhd (PNB) with the purpose of keeping back a part of the re-insurance premium which previously entirely flows abroad to the bigger foreign insurance companies. This saves our country previous foreign exchange. Local general insurance companies are required to cede at least 20% of their businesses to MNRB.

joetay

3,737 posts

Posted by joetay > 2018-07-24 21:40 |

Post removed.Why?

Parkson18

167 posts

Posted by Parkson18 > 2018-07-25 06:35 | Report Abuse

1.96 no dividend RI coming where got cheap? Only mata buta joetay say cheap.

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-25 10:34 | Report Abuse

Parkson18

1.96 no dividend RI coming where got cheap? Only mata buta joetay say cheap.
25/07/2018 06:35


Parkson18 has the most intelligent comment today!!


Listen. Don't go cry father cry mother.

They say if the horse is dead the best thing to do is to dismount

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-07-25 10:56 | Report Abuse

collecting

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-25 10:56 | Report Abuse

Bought, collecting...

joetay

3,737 posts

Posted by joetay > 2018-07-25 11:01 |

Post removed.Why?

wonder

114 posts

Posted by wonder > 2018-07-25 11:48 | Report Abuse

Cheap

tnang

683 posts

Posted by tnang > 2018-07-25 11:49 | Report Abuse

1.72 support line.

Posted by AlphaBetaGamma > 2018-07-25 12:26 | Report Abuse

RM1.90 collected, next wait@RM1.8, 1.7,1.6,1.5. Nice, let's see how low it can go. This is one counter I'm not afraid to average down. Still no news on the rights issue means still got time to allocate funds for rights subscription.

joetay

3,737 posts

Posted by joetay > 2018-07-25 12:28 |

Post removed.Why?

sostupid

447 posts

Posted by sostupid > 2018-07-25 12:59 | Report Abuse

You think who got all the shares to throw out and you think who must pay the most money if the rights shares are announced. Keep quiet and wait for even lower price. If they push the price lower they get to pay less especially when you have 42% of shares in the company.

sostupid

447 posts

Posted by sostupid > 2018-07-25 13:02 | Report Abuse

You don't have to give out bad news to bodek them. They will surely push down the price by hook or by crook or by their own stupidity. Just be patient, don't go catch the knives,....for everyone's sake, don't be so stingy since it is in everyone's favor (whether you are pnb or asb or ccd or ...) for the share price of this stock to drop.

sostupid

447 posts

Posted by sostupid > 2018-07-25 13:03 | Report Abuse

Maybe the eagle is working for pnb or asb or ccd or ...you never know!

joetay

3,737 posts

Posted by joetay > 2018-07-25 13:46 |

Post removed.Why?

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-25 14:40 | Report Abuse

You will lose lest if you take heed to warning

Last time I warned wahahaha in Tekseng to sell it above Rm1.00 but he kept opposing me. Today Tekseng crashed by 72% to only 28 sen & wahahaha disappeared.

Read this


https://www.nst.com.my/business/2018/07/392611/dr-m-whistleblowers-will-be-protected-retaliation

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-25 14:52 | Report Abuse

One more VERY IMPORTANT FACTOR YOU ALL MUST KNOW

ASB (AMANAH SAHAM BUMI) GIVES A YEARLY PAYOUT OF DIVIDEND FROM 8% to10% TO ALL MALAY BUMIPUTRA AS WELL AS NATIVE BUMIPUTRA (CHRISTIAN & NATIVES) OF SABAH & SARAWAK

NOW ASB NEED LOTS OF MONIES FROM HIGH DIVIDEND SHARES TO PAY DIVIDENDS

SO NOW THAT MNRB IS NO LONGER ABLE TO GIVE HIGH DIVIDEND ASB WILL SELL & LOOK FOR OTHER BETTER DIVIDEND SHARES

THIS WAS WHAT HAPPENED TO PM CORP LAST TIME

WHEN PM CORP GAVE NO DIVIDEND ASB STARTED SELLING. AND THEN PNB TOOK OVER ASB SHARES. LATER PNB ALSO SOLD ALL PM CORP SHARES TO MUI BHD AROUND 13 SEN to 14 SEN. THEY CUT LOSS (THEIR COST WAS ABOUT 50 SEN)


SO NOW MNRB ASK ASB TO PAY MONEY TO SUBSCRIBE RIGHTS ISSUE?

NOW WHERE TO FIND SO MUCH MONEY TO PAY FOR MNRB RI SHARES AND ALSO TAKE CARE OF AS BUMI PEOPLE?

HA!

THE SOLUTION IS THIS

ASB CAN FIRST SELL OFF MNRB SHARES FOR CASH.

THEN ONLY SUBSCRIBE?

SO HOLD YOU BULLETS.

WANT TO BUY?

BETTER NOT.

THEN GO BUY WHAT?

THESE ONES LAH

1) EKSONS (STRONG SBB) GOT 93 SEN CASH FOR SBB & ALSO DIVIDEND

2) COMPLETE LOGISTIC - THIS ONE COMPLETELY LOGICAL

3) ECS ICT (THIS IS EXTRAORDINARY CHAMPION STOCK)

4) WTK (WAH TELAH KAYA) SO CHEAP!!

5) ??? OK LET ME THINK FIRST


GOOD LUCK

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-25 15:21 | Report Abuse

@ calvintaneng
calvintaneng Sifu Why you no recommend another two Gold land ---- Bjland and PSIPTEK

Bjland now only 26sen and boss bot in in high price
PSIPTEK best of the best in Construction why because PSIPTEK is very cheap lol only 14.5sen
PSIPTEK results ok still acceptable nta as below :

NTA (RM)
: 0.560
Par Value (RM)
: 0.100

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-25 17:10 | Report Abuse

Ivan9511

i have Bj Land shares but not psiptek.
Bj Land Assets are Rock Solid. i not sure about psiptek. Psiptek into construction. With BN acc frozen i heard many contractors and construction company insolvent. Since we don't know who will kena better wait and see

I know of one Listed Company going to default on loan payment. And one contractor got his JCB repossed by bank due to bad debt

So take care

joetay

3,737 posts

Posted by joetay > 2018-07-25 17:13 |

Post removed.Why?

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-25 17:19 | Report Abuse

Aiyoyo baby joejoe still here cry father cry mother?

No use loh!

Better follow people to switch to other better stocks.

Other better stocks?

Yes.

1. WTK has upstream downstream business in logging to plywood. So very good now as price is cheap

2. ??? More to come? Hmmmm?
So many good stocks. Why stay in a landmine?

joetay

3,737 posts

Posted by joetay > 2018-07-25 17:21 |

Post removed.Why?

Parkson18

167 posts

Posted by Parkson18 > 2018-07-25 17:21 | Report Abuse

Today market not bad why MNRB still down?

calvintaneng

55,146 posts

Posted by calvintaneng > 2018-07-25 17:21 | Report Abuse

Talk about mine?

Ohoh!

MNRB

Mining
Newbie
Robbing
Bodoh?

joetay

3,737 posts

Posted by joetay > 2018-07-25 17:26 |

Post removed.Why?

wonder

114 posts

Posted by wonder > 2018-07-25 23:04 | Report Abuse

Calvin your analysis on pnb/amanah plan for mnrb is totally subpar. What makes u think that pnb will let go of its 50% controlling stake via open market, right issue at this scale is peanut to them and not to forget the bod shd be appointed by amamah/pnb which means pnb is consulted for this move

wonder

114 posts

Posted by wonder > 2018-07-25 23:06 | Report Abuse

Disclaimer, i am also holding ecs but at the same time i do think that mnrb is cheap at 40% of its nta as an islamic insurance company

TheContrarian

9,089 posts

Posted by TheContrarian > 2018-07-25 23:42 | Report Abuse

MNRB is not an insurance or takaful company, it is a "reinsurance and re-t akaful" company. People don't buy insurance or Islamic insurance from MNRB. It is insurance and takaful companies that buy insurance from MNRB. Insurance and takaful companies buy insurance from MNRB to minimise risk from going insolvent from unexpected large claims. In return of premiums received from insurance and takaful companies, MNRB bears a proportion of any claims. MNRB is the only local reinsurance and re-takaful company, its competitors are foreign reinsurance companies.

joetay

3,737 posts

Posted by joetay > 2018-07-25 23:47 |

Post removed.Why?

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