MNRB HOLDINGS BHD

KLSE (MYR): MNRB (6459)

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Last Price

2.15

Today's Change

-0.01 (0.46%)

Day's Change

2.11 - 2.16

Trading Volume

269,600


9 people like this.

3,938 comment(s). Last comment by StarOfTheBull 2 days ago

Posted by bhullar_1972 > 2020-08-24 11:52 | Report Abuse

end of this week will announce quarterly result and hopefully the final dividend payout for last year.

tumbler

492 posts

Posted by tumbler > 2020-08-26 10:34 | Report Abuse

I saw the annual report directors , all their face like sleepy lazy faces. Look like all uncompetent , EVEN THOUGH NOT QUALIFY TO BECOME OFFICE BOY , WHY ARE THE PNB EMPLOY THEM TO MAKAN GAJI BUTA.

tumbler

492 posts

Posted by tumbler > 2020-08-26 10:35 | Report Abuse

See the performance of shares , low pe , underprice also management dont care. As long as PNB kasih MAKAN GAJI BUTA

tumbler

492 posts

Posted by tumbler > 2020-08-26 10:38 | Report Abuse

WHY our malaysia culture like that , engage people not base on talent but base on KAKI BODEK. REALLY SAD ON PNB. HOPELESS PNB

Posted by bhullar_1972 > 2020-08-26 17:39 | Report Abuse

results good but no dividend announcement...maybe after AGM?

5354_

4,834 posts

Posted by 5354_ > 2020-08-26 20:38 | Report Abuse

Last year 2.5 sen got follow 50-75% dividend policy?

pchong I had written an inquiries mail to the company and their reply regarding the dividend payout policy was up to 75% profit after tax. That mean MNRB might paying 50-75% profit for dividend this year. Let took medium range of this year dividend 16cents x 65%=10.4 cents. Dividend yield 12.5% based on current price. So, the conclusion is the stock price still have plenty of room to up ,reasonably TARGET price is RM2.05.
22/08/2020 9:42 AM

solaris80

261 posts

Posted by solaris80 > 2020-08-26 20:57 | Report Abuse

Dividend will be declared subjected to BNM approval. MNRB will submit the dividend proposal after the annual report. It is in the process, should be able to announce before the AGM next month.

sostupid

447 posts

Posted by sostupid > 2020-08-26 21:34 | Report Abuse

does the company got shares buyback policy or not?

smartag

182 posts

Posted by smartag > 2020-08-26 22:53 | Report Abuse

Gap open above 0.90tmrw

hng33

20,505 posts

Posted by hng33 > 2020-08-28 10:47 | Report Abuse

bought MNRB at 89-89.5sen

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-28 18:22 | Report Abuse

Took some profit at 0.925.

smartag

182 posts

Posted by smartag > 2020-08-28 19:54 | Report Abuse

Back to 1.0 soon, profit improved.

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-28 22:16 | Report Abuse

If touch 1.00 I will sell more.

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-29 18:23 | Report Abuse

I bought so damn cheap from as low as 69.5 sen. Buy low sell high.

Moratorium

215 posts

Posted by Moratorium > 2020-08-30 17:31 | Report Abuse

Anyone attending the virtual AGM? Can nominee account also signup via the Boardroom website?

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-08-31 14:12 | Report Abuse

This QR QoQ up 33%, YoY up 34%

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 14:27 | Report Abuse

Net profit less than 10% from revenue also consider good profit?

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 14:27 | Report Abuse

Most lousy flight insurance also earn more

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 14:40 | Report Abuse

Try go pos office request for their motorbike insurance see available or not

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-08-31 15:35 | Report Abuse

Hustle@ profit 8.9% good la

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 18:43 | Report Abuse

Don't miss understand not hard feeling bro. As public investor just highlight portfolio weakness.

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 18:44 | Report Abuse

Less profit margin if have dividend still acceptable else why not invest at higher profit margin portfolio.

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 18:45 | Report Abuse

At least will have better appreciation

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 18:50 | Report Abuse

Profit margin lower sometimes is cause by high director fee or high operating cost

Hustle

3,615 posts

Posted by Hustle > 2020-08-31 18:51 | Report Abuse

As small investor we must count in this factor since we don't get monthly salary or benefit from the company

solaris80

261 posts

Posted by solaris80 > 2020-08-31 22:44 | Report Abuse

Hustle want to buy more and cheap

ykloh

518 posts

Posted by ykloh > 2020-09-01 00:16 | Report Abuse

MNRB share price should increase substantially if it starts paying decent dividend.

It had published in 2008 a policy to pay dividend of up to 75% of its annual profit but in the last 4 to 5 years it had only paid a single dividend of 2.5 sens last year, although it made profits every year.

The issue of dividend payment is not on the agenda for the forth coming AGM.

This is quite ridiculous and the company should be engaged on this issue.

solaris80

261 posts

Posted by solaris80 > 2020-09-01 10:24 | Report Abuse

As the dividend is still pending on the BNM's decision, as such, company will only publish it once the approval is granted. It will need to be approved by shareholders in the EGM. Just like last year, the dividend was approved during the EGM but not AGM

ykloh

518 posts

Posted by ykloh > 2020-09-01 15:41 | Report Abuse

Dividend paid by the holding co does not require BNM approval.

Dividend paid by the insurance subsidiaries may require approval which is procedural and no big issue.

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-09-01 18:15 | Report Abuse

Took some profit at 0.975 today.

smartag

182 posts

Posted by smartag > 2020-09-01 21:01 | Report Abuse

Buy more today, return RM1 soon.

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-09-01 21:15 | Report Abuse

Tomorrow hope to sell again. Got so much to sell.

liegelord

341 posts

Posted by liegelord > 2020-09-01 23:10 | Report Abuse

engine go go go!

smartag

182 posts

Posted by smartag > 2020-09-02 08:23 | Report Abuse

Don't sell, you'll regret later.

smartag

182 posts

Posted by smartag > 2020-09-02 09:52 | Report Abuse

Early stage of up trend now, don't sell.

hng33

20,505 posts

Posted by hng33 > 2020-09-02 10:00 | Report Abuse

sold MNRB at 1.03

lcs13579

106 posts

Posted by lcs13579 > 2020-09-02 11:01 | Report Abuse

Yes u r right Smartag do not sell now

Superb99

6,611 posts

Posted by Superb99 > 2020-09-02 14:32 | Report Abuse

Hold for mid term

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-09-02 17:59 | Report Abuse

Took some profit at 1.03 today.

solaris80

261 posts

Posted by solaris80 > 2020-09-02 19:04 | Report Abuse

Public Islamic Dividend Fund and CBNY fund managers already bought..It is time to shine!!

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-09-02 19:56 | Report Abuse

Tomorrow hope to sell again.

cherry88

986 posts

Posted by cherry88 > 2020-09-02 22:32 | Report Abuse

Hi guys n gals. There are some some excitement news going to announce soon. 1 of them you guys probably know was the possible of dividend announcement (either by cash or share). The board has announced / disclosed (but may not committed) to distribute at least 50~75% profit as dividend. Given its latest EPS of 16sen, with 60% pay-out, 10sen dividend is already on the card before AGM ! With this, we expect the share price will continue to trend higher toward RM1.50 or 6.7% dividend yield. It is still reasonable given many other traditional blue chips had declare lower or even no dividend.
Secondly and most importantly, the recent surge in the price could due to a possible securing a new insurance business, tie up with a financial institution in Malaysia. This will enhance its future profitability and sustainability of the dividend payment to shareholders. Being the country's biggest re-insurance company in Malaysia, I believe the new and additional business tie-up will augur well its future profitability.
Thirdly, I believe the recent change in Board member will also bring in more insurance business.
Valuation wise, this counter is still very undervalue given its low PE of 5x, with high asset backing of RM3 per share, plus the recent 7~10% sustainable dividend yield. If you guys still looking for counters (other than glove / healthcare or IT which surged strongly recently), MNRB could give you a better investment choice for you to sleep well at night.

Superb99

6,611 posts

Posted by Superb99 > 2020-09-03 12:35 | Report Abuse

Cherry, hope 1.5 will come true

Superb99

6,611 posts

Posted by Superb99 > 2020-09-03 12:36 | Report Abuse

If it announces privatisation, lagi syiok

Superb99

6,611 posts

Posted by Superb99 > 2020-09-03 16:58 | Report Abuse

Cheap sales, buy more below rm1

sostupid

447 posts

Posted by sostupid > 2020-09-03 17:16 | Report Abuse

This stock has underperformed for the last 10 years, stock price dropped below rights price, malu kita

Superb99

6,611 posts

Posted by Superb99 > 2020-09-04 00:11 | Report Abuse

This company earned so much but not paying good dividend

firehawk

4,783 posts

Posted by firehawk > 2020-09-04 01:07 | Report Abuse

enter distribution mode?

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-09-04 01:41 | Report Abuse

enter cherry picking mode.

Superb99

6,611 posts

Posted by Superb99 > 2020-09-04 09:34 | Report Abuse

good fundamental stock but people play it like penny stock....

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