Posted by apolloang > 2021-03-19 22:06 | Report Abuse

uncle u should let us know when it was trading at between 0.95-1.05 and not now

Posted by arv18 > 2021-03-19 22:56 | Report Abuse

Can't believe he is reduced (humbled) to behaving like a penny stock trader. Holding a stock for 4-7 days? Buy 1 mil shares @ 1.15 sell @ 1.40?

Nothing wrong of course, but this is used to be chump change for him. What happened? Something has cracked in his head?

Is he really broke now?

______________ ______________
Tobby Hihihaha! Even Grandpa Koon biggest defractors are praising and singing to his tune! Like i said, plenty of anchovies in i3! Anyway, MNRB is a good stock! But after risen almost double, you know i know, he already bought MNRB weeks ago!
19/03/2021 10:50 PM

Posted by apolloang > 2021-03-19 23:13 | Report Abuse

nope because in his mind,time not on his side and he can't hold for long term

Posted by TheGardener > 2021-03-19 23:15 | Report Abuse

Im very sorry about my late inform. Please forgive me. Just share with you why I sell, its because I find out bond price is crush in foreign country! Beside that, Im on profit side. On other hand, I always believe no one can sell on the top.

Posted by bobochacha > 2021-03-20 01:14 | Report Abuse

uncle koon come in already... better run

Posted by bobochacha > 2021-03-20 01:15 | Report Abuse

soon or later , all the under 10 PE stock will be underrated according to uncle Koon theory

Posted by bobochacha > 2021-03-20 01:16 | Report Abuse

whatever he buy, if u have already u may sell. if you dont have better dont chase

Posted by bobochacha > 2021-03-20 01:17 | Report Abuse

now he is issuing at least 1 or 2 stock per week.. shopping spree perhaps

Posted by apolloang > 2021-03-20 01:45 | Report Abuse

uncle sold his dominant and kps already? hehe

Posted by Lukey_Greek > 2021-03-20 04:14 | Report Abuse

Biggest shareholders ASB & PNB is selling big after the price up to 30% to 40% in 2 weeks to 1.30 to 1.40 to realise good profit.

After uncle Khoon gang bought so much only they know they bump into a hard wall. Very slim chance for them to win. Better stay away.

Posted by gohku > 2021-03-20 10:01 | Report Abuse

I think can buy some because good earnings and dividend coming.

Posted by spyking > 2021-03-20 10:03 | Report Abuse

Ikan bilis please buy buy buy. Uncle sold his kps and dominant. Soon he will offload to you

Posted by Johnzhang > 2021-03-20 10:39 | Report Abuse

PNB + ASB sold a total of 11.1 mil share on the 1st 3 days of this week consecutively;
On 15/3. 1.59 mil share
On 16/3. 3.62 mil share
On 17/3. 5.91 mil share.
Judging by the incrementsl Volume of disposal in from 15/3 tob17/3 , I suspect large amount of share ( may be another 10-12 mil shares) may have bbeen disposed on 18/3 (Thursday) and 19/3 (Friday). If my guess is somewhat correct, total disposal on this week would be well over 20 mil shares!
MNRB share price closed at $1.27 last Friday (12/3). It closed at $1.42 this Friday (19/3). It is clear that the huge disposal has even resulted its share price to go up by about 12%! KYY only came out to say something on NNRB this Friday afternoon. Food for thought!

Posted by Bgt 9963 > 2021-03-20 10:46 |

Post removed.Why?

Posted by Johnzhang > 2021-03-20 11:05 | Report Abuse

Is PNB and ASB thinking MNRB is now over- valued and hence selling down?
Is an Insurance company of PE 5-6 and hold the sole reinsurance license and in a growing Takaful insurance segment overvalued at this price ?
If nos are the answers, we must think rationally what drive the action of PNB/ASB (especially it have resulted share price increase)?
Who are the buyers ? Traders and speculators ? I doubt so.
Is PNB and ASB who collectively hold about 57% in MNRB paring down to provide liquidity and efficiency for foreign and local institutions' to buy in? Is PNB and ASB action is trying to get fair valuation for MNRB share price ? We must know that institution investors don't buy illiquid stock ( lack of free-float) and too tightly held stock until the controlling shareholders pare down. I remember PNB has said not too long ago that it is not their investment bstrategy to have management control in the companies they invested and therefore intend to pare down in companies which they have high stakes.
Food for thought!

Posted by Johnzhang > 2021-03-20 11:08 | Report Abuse

I am not encourage anybody to buy or sell. Just sharing my thoughts and hope it invoke some deeper thinking as I see a lot of irrational and unjustified comments in this forum.

Posted by Bgt 9963 > 2021-03-20 11:37 |

Post removed.Why?

Posted by investor1458 > 2021-03-20 12:50 | Report Abuse

Johnzhang, what are you trying to tell Us ?

Posted by Bgt 9963 > 2021-03-20 13:15 | Report Abuse

kulk kulk....!

Posted by stockraider > 2021-03-20 18:06 | Report Abuse

Haiyah forget it lah, what price uncle kyy bought mah...!!

Ask yourself at this price MNRB has sufficient margin of safety for u to profit or not mah ?

MNRB already reported strong 4 quarterly latest profit mah...!!

Thus Raider highly agree MNRB is highly undervalue mah...!!

U think uncle KOON want to sell like a cheapskate at current price to u meh ?

Based on General Raider analysis that usually from past historical records & behavior uncle koon, wants to make 100% on its share investment, that means TP rm 1.80 mah!!

Even Tp Rm 1.80 MNRB still very cheap mah...!!

Have confidence lah....just join the party early loh...!!

Posted by stockraider > 2021-03-20 18:17 | Report Abuse

Think carefully lah....mnrb rights issue 90 sen....now above Rm 1.40 PNB want to sell some lock in some...to hedge their bets mah...!!

It is bcos of PNB selling, KYY & gangs can collect MNRB at reasonable undervalue price with very good profit potential margin mah....!!

Thus MNRB still got big opportunity,to go up further loh, U think PNB do not realise MNRB is highly undervalue meh ??
Of course they also know mah, they just happy that Uncle Koon had the joined the party by invitation or just by gate crash mah...!!

It is likely the PNB sells will eventually stop, thus the price rise of MNRB is likely be sustainable loh!!

Just follow uncle Koon to the party lah...!!

Posted by stockraider > 2021-03-20 18:25 | Report Abuse

Below info are likely intelligent reasons why PNB sold some MNRB loh!!

By getting more liquidity & participations MNRB can be well accepted & share price will move up much stronger mah...!!

Posted by Johnzhang > Mar 20, 2021 11:05 AM | Report Abuse

Is PNB and ASB thinking MNRB is now over- valued and hence selling down?
Is an Insurance company of PE 5-6 and hold the sole reinsurance license and in a growing Takaful insurance segment overvalued at this price ?
If nos are the answers, we must think rationally what drive the action of PNB/ASB (especially it have resulted share price increase)?

Who are the buyers ? Traders and speculators ?

Is PNB and ASB who collectively hold about 57% in MNRB paring down to provide liquidity and efficiency for foreign and local institutions' to buy in?

Is PNB and ASB action is trying to get fair valuation for MNRB share price ?

We must know that institution investors don't buy illiquid stock ( lack of free-float) and too tightly held stock until the controlling shareholders pare down.

I remember PNB has said not too long ago that it is not their investment bestrategy to have management control in the companies they invested and therefore intend to pare down in companies which they have high stakes.

Food for thought!

Posted by stockraider > 2021-03-20 18:36 | Report Abuse

lu pakai otak & think lah...!!

Raider is always against KYY mah....then why raider support this KYY recommendations leh ??

Bcos this is a very good profit recommendations....Raider would not be honest if do not support this MNRB investment at current attractive price loh...!!

Jokes aside lah....be honest & truthful with ourselves when we want to make monies mah!!!!


Posted by arv18 > Mar 20, 2021 6:28 PM | Report Abuse

how much did you sell you back-side to kyy for "stockraider"?

you should stick to promoting the DEAD stock Insas

famous for your lousy stock picks.

you & kyy two sides of the same rusty coin.

Posted by stockraider > 2021-03-20 18:38 | Report Abuse

This is a very good observation & conclusion loh!!

It is a goldmine profit making opportunity coming mah!!

Posted by Johnzhang > Mar 20, 2021 10:39 AM | Report Abuse

PNB + ASB sold a total of 11.1 mil share on the 1st 3 days of this week consecutively;
On 15/3. 1.59 mil share
On 16/3. 3.62 mil share
On 17/3. 5.91 mil share.
Judging by the incrementsl Volume of disposal in from 15/3 tob17/3 , I suspect large amount of share ( may be another 10-12 mil shares) may have bbeen disposed on 18/3 (Thursday) and 19/3 (Friday). If my guess is somewhat correct, total disposal on this week would be well over 20 mil shares!
MNRB share price closed at $1.27 last Friday (12/3). It closed at $1.42 this Friday (19/3). It is clear that the huge disposal has even resulted its share price to go up by about 12%! KYY only came out to say something on NNRB this Friday afternoon. Food for thought!

Posted by Moratorium > 2021-03-20 21:19 | Report Abuse

RM1.42 for a company that is holding a monopoly in reinsurance in Malaysia.
Please sell/ buy at your own risk

Posted by Bgt 9963 > 2021-03-20 21:21 |

Post removed.Why?

Posted by ooihk899 > 2021-03-20 21:47 | Report Abuse

Moratorium, MNRB do not have the monopoly in reinsurance in Malaysia. This sector was open up several years ago.
I think this company can be consider undervalue due to its more consistent earning now and NAPS of 3.28.

Posted by positiontrader > 2021-03-21 01:04 | Report Abuse

KYY average cost is around 85sen
The last price is 1.42sen i.e. up 70%

Most likely you can only get in at not less than 1.42
Buying is easier; but selling with a good reward could be tough at this price, unless the syndicate had cornered the stock

Posted by Johnzhang > 2021-03-21 12:54 | Report Abuse

@ooihk899, the reinsurance segment is still controlled. As far as I learned from a very senior executive in the industry, local insurance company are required to cede a portion of the insurance risk to MNRB . Only in circumstance where MNRB has exhausted the capability to take more , local insurance companies can then reinsure with other external parties.

Posted by Johnzhang > 2021-03-21 12:58 | Report Abuse

@positiontrader, did KYY petsonally told you his average cost is $0.85? or it is your guess?

Posted by stockraider > 2021-03-21 13:01 | Report Abuse

Rubbish lah....physically impossible to get average cost of 85 sen loh!

Raider so panlai average cost already Rm 1.10 mah....most likely kyy average cost around the same mah...!!


Posted by positiontrader > Mar 21, 2021 1:04 AM | Report Abuse

KYY average cost is around 85sen
The last price is 1.42sen i.e. up 70%

Most likely you can only get in at not less than 1.42
Buying is easier; but selling with a good reward could be tough at this price, unless the syndicate had cornered the stock

Posted by Moratorium > 2021-03-21 13:21 | Report Abuse

Johnzhang @ooihk899, the reinsurance segment is still controlled. As far as I learned from a very senior executive in the industry, local insurance company are required to cede a portion of the insurance risk to MNRB . Only in circumstance where MNRB has exhausted the capability to take more , local insurance companies can then reinsure with other external parties.

Thank you for replying, Johnzhang

Posted by stockraider > 2021-03-21 13:29 | Report Abuse

Mnrb already prepare for freeing up the monopoly of Reinsurance many years ago loh...!!

Thats why u can see Mnrb is in the takaful business competing directly with Mkt leader like Syarikat takaful & etiqa mah...!!

MNRB even get to set up new takaful reinsurance loh!!

The extension of convention reinsurance monopoly is just an added bonus for MNRB loh!


Posted by Moratorium > Mar 21, 2021 1:21 PM | Report Abuse

Johnzhang @ooihk899, the reinsurance segment is still controlled. As far as I learned from a very senior executive in the industry, local insurance company are required to cede a portion of the insurance risk to MNRB . Only in circumstance where MNRB has exhausted the capability to take more , local insurance companies can then reinsure with other external parties.

Thank you for replying, Johnzhang

Posted by Bgt 9963 > 2021-03-21 13:29 |

Post removed.Why?

Posted by stockraider > 2021-03-21 16:10 | Report Abuse

Agree go for it when it is still cheap loh!

Posted by uncle ConYY > Mar 21, 2021 3:23 PM | Report Abuse

Tmr sialang. Target rm2.50. Prepare to fly to the moon

Posted by Bgt 9963 > 2021-03-21 16:28 |

Post removed.Why?

Posted by AlsvinChangan > 2021-03-21 16:58 | Report Abuse

MNRB become non shariah stock

all melayoo institution all selling?

Posted by Lukey_Greek > 2021-03-21 17:05 | Report Abuse

Retailers vs PNB. Who will be the winners?

GameStop has given you the answer.

Good luck guys!

Posted by qqq33333333 > 2021-03-21 17:09 | Report Abuse

there are giant international reinsurance companies in Malaysia. too bad they are not listed here.

Posted by qqq33333333 > 2021-03-21 17:09 | Report Abuse

fff

Posted by AlsvinChangan > 2021-03-21 17:11 | Report Abuse

More like KYY vs PNB

KYY 50million budget not enough absord the selling ask retailer help

After that backstab the retailers

Posted by qqq33333333 > 2021-03-21 17:12 | Report Abuse

core profits don't suddenly shoot up.... if it shows sudden increase in quarterly profits. these are not sustainable

Posted by qqq33333333 > 2021-03-21 17:13 | Report Abuse

too bad

Posted by AlsvinChangan > 2021-03-21 17:19 | Report Abuse

what KYY did not tell u

Reinsurance is most risky part

All insurance company to sell their most risky insurance business to MNRB
and keep less risky premium

another huge flood in Thailand will sink MNRB

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

@AlsvinChangan,. PNB selling down because MNRB is non Shariah compliance doesn't hold water at all! Firstly, MNRB is always not lin shariah compliance list published by Bursa,. now just today. Secondly, in PNB's portfolio there are other non Shariah stocks too. Thirdly, if shariah compliance is the issue, PNB/ASB shall dispose TOTALLY all MNRB shares . In that event, PNB/ASB will not sell in the open market but sell the whole lot to a buyer In order to get much much higher valuation. You may know when PNB sell the whole lot of CCM to KLK , they get about 3x higher price than the 6 months average traded share price . Mphbcap sold 49% of it's small insurance unit to Generali for about $350 mil based on over 3x book value . Book value for MBRB is about $3.50. How much do you think MNRB worth if PNB decide to sell the whole lot or substantially??
I decide to respond to you is to give other investors a fair and different perspective to analyse before making buy or sell decision.

Posted by Eurus1973 > 2021-03-21 21:19 | Report Abuse

Don’t need to care so much, high earning & high NTA, just invest...hoot9e

Posted by Michaelphlee > 2021-03-21 21:20 | Report Abuse

Pls read carefully. KYY disclose he holds shares in Dominan & KPS. He did not mention whether he holds any shares in MNRB. Don’t know why KYY want to do this.

Posted by Johnzhang > 2021-03-21 21:24 | Report Abuse

Also, AlsvinChangan claims that the reinsurance business is the most risky one . I don't think this is in anyway reflected in the financial results in the reinsurance segment of Mnrb since listing . The annual reports for many many years are available in Bursa website for your checking. Don't make statement that you can not defend !

Posted by i3lurker > 2021-03-21 21:38 |

Post removed.Why?

Posted by Eurus1973 > 2021-03-21 22:36 | Report Abuse

Conclusion: The PE of insurance companies comparison shows that MNRB is the cheapest in term on PE ratio. This is so ridiculous because MNRB has the monopoly of selling reinsurance and all the 21 insurance companies have to buy 10-25% of reinsurance from MNRB. In fact, MNRB with its inherent advantage, should deserve a much higher rating than any one of the leading insurance companies. Currently it is selling at the cheapest PE.