Posted by Eurus1973 > 2021-05-18 08:24 | Report Abuse

Support, I also collect,...

Posted by harold8990 > 2021-05-18 09:31 | Report Abuse

collection time

Posted by Moratorium > 2021-05-19 16:22 | Report Abuse

Finally my 1.12 is matched. TheContrarian, have u buy back?

Posted by TheContrarian > 2023-09-11 23:33 | Report Abuse

Not yet.

Posted by Eurus1973 > 2021-09-13 15:07 | Report Abuse

Aiyo everyday down, mati lah

Posted by Eurus1973 > 2021-05-24 23:31 | Report Abuse

Ini macam lah, cantik +0.06. Jangan besok jatuh balik ya “-“

Posted by chkhooju > 2021-05-27 22:13 | Report Abuse

At last, it has started to move. Moving northward.

Posted by Eurus1973 > 2021-05-27 23:09 | Report Abuse

Go go go ini kali lah

Posted by Moratorium > 2021-05-28 11:06 | Report Abuse

Creeping up slowly, please show a good QR this round and good div

Posted by Johnzhang > 2021-05-28 17:00 | Report Abuse

Good QR with good dividend will make a difference.
Good QR alone will not make any difference in a dying Malaysian stock market.

Posted by Moratorium > 2021-05-28 17:51 | Report Abuse

6 cents for March quarter. 24 cents for the year.
They usually announce dividends around July-Sep. Hence, let's pray for the best.
Meantime, pondering to collect more...

Posted by Johnzhang > 2021-05-29 13:28 | Report Abuse

Just imagine if they payout 50% as dividend, it will be 12sen. Less the 3 sen interim already paid in October last year , second interim/final will be 9 sen.

Posted by Moratorium > 2021-05-29 17:18 | Report Abuse

I'm fine with another 3 sen. Now with more business/policies, they need to set aside more reserves. Even with total 6 sen, that's 5% DY from Friday closing price

Posted by TheContrarian > 2021-05-29 19:01 | Report Abuse

Pensonic and Prolexus look promising.

Posted by Eurus1973 > 2021-05-29 19:54 | Report Abuse

Hopefully get support 1.20, gogogo

Posted by Eurus1973 > 2021-05-29 19:55 | Report Abuse

Insurance company benefit during MCO

Posted by Moratorium > 2021-05-30 16:52 | Report Abuse

Yes, for general insurance the premium and policy will need to be paid but with less claims arising from reduced operations. Not sure about life policies though, does life insurance cover deaths due to Covid?

Posted by abang_misai > 2021-05-30 16:54 | Report Abuse

Less car during Covid time, less accidents, less pay out for insurance claim, more profit

Posted by abang_misai > 2021-05-30 16:55 | Report Abuse

More people spend time at home during covid, fire incidents that hit residential drop dramatically. Less claim insurance means more profit for MNRB

Posted by Johnzhang > 2021-05-31 10:58 | Report Abuse

@moratorium, I think life policy pay the benefit to beneficiary upon death of the insured irrespective of the cause .

Posted by Johnzhang > 2021-05-31 10:59 | Report Abuse

Yes, MCO is good for insurance companies as claim ratio will fall and profit will up.

Posted by Moratorium > 2021-05-31 11:49 | Report Abuse

Johnzhang @moratorium, I think life policy pay the benefit to beneficiary upon death of the insured irrespective of the cause

Johnzhang, thanks for the clarification. Anyway, I think not a cause for alarm or will impact next Q profit much. MNRB going on an uptrend now, enjoying the ride...

Posted by Johnzhang > 2021-06-03 15:53 | Report Abuse

After MMC, this may be the next target for privatization by controlling shareholder. It’s very very cheap to privatize while the Malaysian stock market is dead now.

Posted by stockraider > 2021-06-03 16:06 | Report Abuse

MNRB do not insure or reinsure life policy mah!

Posted by Moratorium > May 30, 2021 4:52 PM | Report Abuse

Yes, for general insurance the premium and policy will need to be paid but with less claims arising from reduced operations. Not sure about life policies though, does life insurance cover deaths due to Covid?

Posted by Moratorium > 2021-06-03 16:19 | Report Abuse

Johnzhang After MMC, this may be the next target for privatization by controlling shareholder. It’s very very cheap to privatize while the Malaysian stock market is dead now.

Habis la, my MMC kena makan dy. Hahahaha
Don't touch my MNRB please

Posted by chkhooju > 2021-06-03 16:20 | Report Abuse

PNB does not work to privatize MNRB. They want to sell it, waiting for the right price.

Posted by Johnzhang > 2021-06-03 17:10 | Report Abuse

@chkhooju, it’s a lot of gain for PNB to first privatize it and subsequently divest whatever % to a foreign investor . To privatize the company when Malaysian stock market is dead like now is real cheap. Privatization may succeed at 0.8x book value . The subsequent divestment to a strategic foreign investor can fetch 2 to 3x book value. MPHB capital divest its small insurance unit to Generali at over 3x book value . Make sense ?

Posted by Bgt 9963 > 2021-06-03 17:11 |

Post removed.Why?

Posted by Johnzhang > 2021-06-03 17:13 | Report Abuse

MNRB is trading at PE 5x . Book value is $3.27 per share.

Posted by Eurus1973 > 2021-06-03 23:32 | Report Abuse

Hoot lah, apa tunggu... high NTA & profit

Posted by Bullbursa > 2021-06-04 09:25 | Report Abuse

Should worth above RM2.00

Posted by Johnzhang > 2021-06-04 09:32 | Report Abuse

At PE 15x the stock worth $3.60 which is 1.1x book value. Bear in mind , Takaful insurance is fast growing and MNRB is riding the growth . Price will surge when dividend yield improve further.

Posted by Moratorium > 2021-06-04 10:59 | Report Abuse

Wah what happened? MNRB also become privatisation target dy ar?

Posted by Eurus1973 > 2021-06-04 11:41 | Report Abuse

Hamtam loh, before it go limit up ...

Posted by Eurus1973 > 2021-06-04 11:47 | Report Abuse

Volume increase, hohoho

Posted by Johnzhang > 2021-06-04 13:12 | Report Abuse

Today’s price is still far far below its fair value !!

Posted by Johnzhang > 2021-06-04 13:27 | Report Abuse

In the past months, i may be overly enthusiastic in sharing my view on my favorite 3 M stocks - MMC, MNRB and MPHB . All of them are extremely undervalued by the market and now is the perfect market condition for controlling shareholders to privatize them . MMC has come to fruition finally. MNRB and MPHB will follow suits. Do your own fundamental study on them before investing.

Posted by caonima > 2021-06-04 15:16 |

Post removed.Why?

Posted by berational > 2021-06-04 15:35 | Report Abuse

today is a good day for MNRC. but i no guts to hold it longer, sell on 1.39 :) will buy again if it retrace again

Posted by scenery > 2021-06-04 17:09 |

Post removed.Why?

Posted by Petronas > 2021-06-06 08:43 | Report Abuse

Can Buy?

Posted by Johnzhang > 2021-06-06 09:53 | Report Abuse

@Petronas, I certainly think so. Don’t cry over spilled milk like many do at MMC forum. Few people interest to buy or add more to portfolio when MMC was trading at ridiculously low $0.80 to $1.20 for last 2 years ! Now , many think the takeover offer price of $2 is unfair .

Posted by Bullbursa > 2021-06-06 17:31 | Report Abuse

Super undervalue.

Posted by GTMS > 2021-06-08 07:58 | Report Abuse

PE 5-6 Price RM1.38 ... unless forward PE >7 otherwise dead horse..

Posted by Bgt 9963 > 2021-06-08 08:41 |

Post removed.Why?

Posted by Eurus1973 > 2021-06-09 10:12 | Report Abuse

Aiyo no power, only 1 day show

Posted by stockraider > 2021-06-09 11:21 | Report Abuse

This is another privatization stock...raider heard from a well informed sources

Posted by amateurJR > 2021-06-09 15:37 | Report Abuse

haha please dun spread fake rumours

Posted by Eurus1973 > 2021-06-09 15:38 | Report Abuse

Hopefully your info reliable... let’s wait durian jatuh

Posted by chkhooju > 2021-06-09 15:41 | Report Abuse

Not privatization. MNRB is for sale. PNB want to sell it, waiting for the right price to come by.