Besides know to shout other bodoh, Joetay dont know to explain how MNRB's financial difficult can harm our banking system. Also he dont know to explain why cds fraud. He only know google and read the surface. And he link Leh bro to MNRB as the role example. Do you know MNRB playing cds? May be syndicate knows more insider info?
RI of RM400mil by MNRB was due to recapitalisation exercise of MNRB Holdings Berhad, according to PNB chairmen during the press today. MNRB will be performing well moving ahead.
the problems with mnrb are many additional shares from the right issues recently... many desperate shareholders just sell regardless of market price :)
This is a very good and strong company I also sapu recently For future I look good on this and pos
This company is very profit insurance . I still hold from 90sen . Pos office will slowly slowly sapu. For me pos better than bank and Telco. As I said many times. Banks got hundreds Telco got thousands Malaysia Pos office only one . Only one very hard to down examples I recently shoot tenaga and kianjoo Because their business not easy to takeovers So I sapu share is sapu very exclusive and special Example favco also my target Toglove next. Bank Islam and this also
Before the rights issues, the shares trading at roughly RM1.80 to RM2.20 per share. If you take part in the company proposal of 5 for 7 rights shares. no need to use calculator, everybody that bought because of the company's proposal of 5 for 7 all lost money. for example, if you buy 5 for rm1.80 + 7 for rm0.9 the total cost is RM15,300 for a total of 12,000 shares. You still lost about 40 cents per shares or rm400 per lot if you follow the company's 5 for 7 proposal. I really have to admire those who still praise the company after the company keep asking you to do the losing money thing. I don't know whether you are being stupid or being idododota...
Many investors are looking at the stock, they are waiting to buy at bottom... The selling recently is due to fund manager's re allocation which is over now. Fundamentally the stock is so strong. MNRB is performing well according to the PNB CEO.. Accumulating all the time...
For those who believes MNRB is a good company, please think deeply why right issue when the company is sitting on cash pile. Current MNRB valuation may be cheap but good is not an appropriate description.
In order to meet BNM's new requirement, the RI of RM400mil by MNRB was due to recapitalisation exercise of MNRB Holdings Berhad, according to PNB chairmen during the press today. MNRB will be performing well moving ahead.
Next year there will be huge expansion of medical insurance business sponsored/paid by the government for those people who couldn't afford to buy such policies. Guess which insurance company will benefit from this? On top of that the income tax rate of reinsurance business has been slashed from 24% to 8% effective from 2019.
Period ending Dec 2009 Loan and receivables 15,004 Period ending Marc 2010 Loans and receivables 1,024,849 !!!!! Period ending March 2018 Loans and receivables ("LAR") - 1,937,263 Period ending June 2018 LAR classification vanishes. Now appears as Financial assets ..in govt securities etc I did not look any further into how it was distributed and the rest of it. How much of this is marked to market I certainly dont know.So one had better review its NAB.
This thing is a farce. Someone came to power in 2009 .... appears to have pillaged PNB companies.
Dear vespa, before June 2018 loans were given to 1MDB, thus classified as Loans & Receivables. At end of June 2018 these loans were successfully recovered during various raids conducted and these cash that were recovered were then placed with new Pakatan Harapan government as government securities in the form of interest bearing bonds.:-D
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 9548 views | 8 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Cipta
1,039 posts
Posted by Cipta > 2018-12-21 13:41 | Report Abuse
Besides know to shout other bodoh, Joetay dont know to explain how MNRB's financial difficult can harm our banking system. Also he dont know to explain why cds fraud. He only know google and read the surface.
And he link Leh bro to MNRB as the role example. Do you know MNRB playing cds? May be syndicate knows more insider info?