Posted by Fundamental123 > 2021-03-10 15:02 | Report Abuse

Looks MNRB will hit RM2.00 on its EPS and outlook in short term of 6-month period as US market is stable and vaccination will be effective .

In June 2021, we will target glove share hopefully they remain weak in the next 3 months.

Good luck !

Posted by BigPortfolio > 2021-03-10 15:10 | Report Abuse

DONT SELL UR TICKETS AT 1.30!!! IMMEDIATE TP 1.500 THEN 2.500! GOOD DIV POLICY ANNOUNCE SOON

Posted by Johnzhang > 2021-03-10 15:47 | Report Abuse

Yes! MNRB should worth at least half of Takaful!
Therefore ,. TP$2.50 is not too much to ask for.

Posted by BigPortfolio > 2021-03-10 15:50 | Report Abuse

if you willing to wait, i can guarantee you 2.00 no issue. source is confirmed! good luck.

Posted by hopetobecorrect > 2021-03-10 16:04 | Report Abuse

@BigPortfolio, "sure betul" your info...............................

Posted by bhullar_1972 > 2021-03-10 18:05 | Report Abuse

Today MNRB traded at highest volume in history. Maybe some big fund is buying?.

Posted by Moratorium > 2021-03-10 21:00 | Report Abuse

TheContrarian Sold my balance at 1.30, I am out. Good luck to the rest of you.

Bye TheContrarion, all the best of luck to you...

Posted by TheContrarian > 2021-03-11 10:26 | Report Abuse

Thanks, I bought into Pensonic at 0.62 and OSK at 0.89 yesterday.

Posted by Johnzhang > 2021-03-11 17:12 | Report Abuse

TheContrarian, after you selling down MNRB for OSK, MNRB drop and OSK up. You have golden fingers?

Posted by TheContrarian > 2021-03-11 20:40 | Report Abuse

Eh, OSK is now relatively cheap compared to other counters. I merely took profits on MNRB as you know I bought it cheap when no one wanted to buy. As as contrarian I buy undervalued shares at a time when no one is interested and when later it moves up after attracting interest I merely take profits and look for other undervalued laggards. This is my investing style.

Posted by smartag > 2021-03-11 20:52 | Report Abuse

Good strategy, anyway price will keep moving up as profit surge.

Posted by hopetobecorrect > 2021-03-12 09:52 | Report Abuse

TheContrarian, perfect timing., by switching earn 10%

Posted by Superb99 > 2021-03-12 17:00 | Report Abuse

not bad, closed in green...hope the new ceo will give consistent nice dividend

Posted by Johnzhang > 2021-03-15 10:19 | Report Abuse

Yes! It’s charging ahead !

Posted by Superb99 > 2021-03-16 19:54 | Report Abuse

Gg again today, hopefully it won't go below 1.33

Posted by Moratorium > 2021-03-17 09:09 | Report Abuse

Why so active today? 10 cents dividend?

Posted by Johnzhang > 2021-03-17 09:30 | Report Abuse

Yes! MNRB touched $1.46! Very bullish.

Posted by Johnzhang > 2021-03-17 09:41 | Report Abuse

Takaful is $5. If MNRB is half of Takaful, it is $2.50.

Posted by Hush77 > 2021-03-17 09:41 | Report Abuse

its still cheap.. PE ratio around 6X.. recently the profit has increased...
and big shareholder is PNB.. which is very good shareholder

Posted by CharlesT > 2021-03-17 11:15 | Report Abuse

Johnzhang Takaful is $5. If MNRB is half of Takaful, it is $2.50.
17/03/2021 9:41 AM

Why apply Half leh?

Posted by Fundamental123 > 2021-03-17 11:42 | Report Abuse

Other than good stock- MNRB, we target Willoglen ( AI system) with good profit and dividend as well.

Posted by VincentTang > 2021-03-17 11:53 | Report Abuse

Buy more MNRB. Target price 3.62.

Posted by ooihk899 > 2021-03-17 13:09 | Report Abuse

VincentTang, how do you derived the TP price of 3.62?

Posted by Johnzhang > 2021-03-17 13:55 | Report Abuse

CharlesT, just simply bbased on EPS and Dividend yield. MNRB EPS is about half of Takaful. I also expect full year dividend for FY ending 31 March 2021 to be about half of Takaful too. That's my basis for my 1st level TP. In a few years down the road MNRB can potentially be as good as Takaful if they continue to achieve high growth in the untapped takaful insurance market. The government policy is supportive of this market.
Perhaps MNRB should be closer to Takaful price if you consider the higher NTA per share compared to Takaful.

Posted by Fundamental123 > 2021-03-17 15:02 | Report Abuse

My 2-cents:

Theory on financial analysis is not good enough for MNRB ; we must look at practical buying support by traded volume and uptrend. Yes, there have been good uptrend for investment since two weeks ago.

What about Willowglen MSC ? It is even stronger pushing up as it has just been started to be pushed up by experienced significant players over it potential business ( AI system) , good dividend and better profit:). Previously, it had no trading volume .

My personal TP of Willowglen is RM0.75 in a year

Good luck !

Posted by Bgt 9963 > 2021-03-17 15:05 | Report Abuse

Just buy and hold...!

Posted by Johnzhang > 2021-03-17 15:24 | Report Abuse

Fundamental 123, good that you spotted Willowgen as a star. You must divert more resources to it .
However, My conviction is with MNRB.

Posted by Fundamental123 > 2021-03-17 15:47 | Report Abuse

Joghzhang, it is okay as long as we spread investments in good fundamental and potential stocks including MNRB.

Like Uzma ( different from other oil and gas counter, and suggest do not chase this stock at high prices and wait for correction) as well due to it has solar project awarded now that make big boys play different investment story.

Good luck !

Posted by billionn > 2021-03-17 16:50 | Report Abuse

Better cabut lor

Posted by smartag > 2021-03-17 17:36 | Report Abuse

Privatise?

Posted by John8882020 > 2021-03-17 22:58 | Report Abuse

PE6? How about PE 10? 2.20 is possible to achieve.

Posted by RiverOfSilver > 2021-03-17 23:41 | Report Abuse

whoa

Posted by RiverOfSilver > 2021-03-17 23:41 | Report Abuse

up 11 sen

Posted by RiverOfSilver > 2021-03-17 23:42 | Report Abuse

up 8.27%

Posted by RiverOfSilver > 2021-03-17 23:42 | Report Abuse

awesome

Posted by RiverOfSilver > 2021-03-17 23:42 | Report Abuse

superb

Posted by RiverOfSilver > 2021-03-17 23:42 | Report Abuse

well done

Posted by Superb99 > 2021-03-18 14:53 | Report Abuse

Dumped by operator now

Posted by hopetobecorrect > 2021-03-18 14:54 | Report Abuse

what happen.............................

Posted by Bgt 9963 > 2021-03-18 15:00 |

Post removed.Why?

Posted by hopetobecorrect > 2021-03-18 17:03 | Report Abuse

Johnzhang, looks like mnrb susah to go up. PNB also selling

Posted by Johnzhang > 2021-03-18 17:36 | Report Abuse

The uptrend can not be a straight line . I think some profit taking along the way is normal and healthy . I am not worried as I am prepared to ride with it.

Posted by Moratorium > 2021-03-18 18:48 | Report Abuse

Johnzhang: Let's ride it together... If it gets low enough, I'm sure TheContrarian is going to come back to support too

Posted by Johnzhang > 2021-03-18 20:41 | Report Abuse

Moratorium, TheContrarian may be looking for $0.90 as re -entry price. Hahaha......

Posted by smartag > 2021-03-18 20:43 | Report Abuse

Pnb & Amanah selling on 15 & 16, tmrw may be announce selling again on 17 & 18.

Posted by TheContrarian > 2021-03-18 21:19 | Report Abuse

Part of the proceeds from MNRB that I sold went into Borneo Oil at 0.035. Got really lucky to catch it at 0.035.

Posted by Bgt 9963 > 2021-03-18 21:24 |

Post removed.Why?

Posted by TheGardener > 2021-03-18 23:42 | Report Abuse

I still remember I make a strong buy statement on 25 Oct 2018 for MNRB. I buy all the way from top to low (RM0.46 / Mar 2020). No regret. Anyway, I have responsible to share my recent move for MNRB. I would like to inform all of you. I have been fully selloff my holding on recent hike. I strongly believe you are making nice profit if you follow me for MNRB.

Posted by Johnzhang > 2021-03-19 09:03 | Report Abuse

PNB and Amanah Saham disposing some share in MNRB may not be a bad thing. Let's also think what's the motive behind and for whose benefits?
Who is the buyers ? Not necessarily retail investors. Just to share what cross my mind.

Posted by hopetobecorrect > 2021-03-19 09:40 | Report Abuse

TheGardener, aiya only appeared after price drop., no steady