Posted by investortrader88 > 2021-09-04 17:48 | Report Abuse

The stock market is a device for transferring money from the impatient to the patient. - Warren Buffett

Posted by Bgt 9963 > 2021-09-04 17:54 |

Post removed.Why?

Posted by Najib Zamry > 2021-09-04 22:29 | Report Abuse

I bought some last Friday. Deeply undervalued and expect at least make 10% profit in two weeks time.

Posted by EugeneL > 2021-09-05 01:30 | Report Abuse

How to register for the AGM? I tried to search on BoardRoom but in vail

Posted by Bgt 9963 > 2021-09-05 10:05 | Report Abuse

Safe stock...!

Posted by Jnlee > 2021-09-05 10:43 | Report Abuse

4c on the way

Posted by stockraider > 2021-09-05 10:54 | Report Abuse

Interesting 4 sen dividend coming ?

Posted by Derrick Gan > 2021-09-05 11:49 | Report Abuse

4c dividend will approve on 23Sept 2021 annual general meeting. Wait for announcement!

Posted by EugeneL > 2021-09-05 18:47 | Report Abuse

I saw on klse screener, isn't it 3 cent?

Posted by chkhooju > 2021-09-05 20:53 | Report Abuse

4 cents.

Posted by Najib Zamry > 2021-09-06 12:17 | Report Abuse

ex date for 4 sen per share dividend should be end of SEPT 2021.
Have patience and you will reap return within two weeks.

Posted by stockraider > 2021-09-06 12:18 | Report Abuse

The date no come out yet mah!

Posted by Najib Zamry > Sep 6, 2021 12:17 PM | Report Abuse

ex date for 4 sen per share dividend should be end of SEPT 2021.
Have patience and you will reap return within two weeks.

Posted by Najib Zamry > 2021-09-06 15:23 | Report Abuse

it will announce in AGM on 23rd Sept ......steady steady

Posted by sangkancil > 2021-09-10 23:31 | Report Abuse

not bad...potential

Posted by Moratorium > 2021-09-14 09:39 | Report Abuse

No movement here... Buyer don't want to buy, Seller don't want to sell. Think it's going to be quiet for some time

Posted by Bgt 9963 > 2021-09-14 10:00 | Report Abuse

Sleeping stock...

Posted by Johnzhang > 2021-09-14 19:18 | Report Abuse

Market sentiment is damn poor .

Posted by TheContrarian > 2021-09-16 19:58 | Report Abuse

Apparently there has been short selling of MNRB shares.

Posted by Johnzhang > 2021-09-17 12:10 | Report Abuse

Quite obvious someone is cornering this stock ?

Posted by stockraider > 2021-09-17 12:16 | Report Abuse

Just collect loh....no worry mah!

Posted by ooihk899 > 2021-09-17 12:24 | Report Abuse

Please talk with facts not fart. Total RSS volume is only 20600 shares. How to corner? ASM n PNB control 54% of shares.

Posted by stockraider > 2021-09-17 12:29 | Report Abuse

The point is down mah!

It does not matter RSS selling or normal selling loh!

The strategy is to collect when there is deep undervalue mah!

4 sen dividend coming mah!

Easier to corner loh...54% under PNB would not sell that cheap mah!


Posted by ooihk899 > Sep 17, 2021 12:24 PM | Report Abuse

Please talk with facts not fart. Total RSS volume is only 20600 shares. How to corner? ASM n PNB control 54% of shares.

Posted by Johnzhang > 2021-09-17 12:35 | Report Abuse

In today's market which is lacking of buying interest is easy to corner a stock to achieve one's objective. Cornering a stock doesn't necessarily mean selling short .

Posted by Bgt 9963 > 2021-09-17 13:16 | Report Abuse

Collecting mode....

Posted by All_in_2021 > 2021-09-22 19:20 | Report Abuse

What is the prospect of reinsurance industry? Is it more ppl will buy insurance due to covid and life is so unpredictable?

Posted by Johnzhang > 2021-09-24 13:15 | Report Abuse

The reinsurance market is huge . The domestic and international insurance companies assign a portion of the premium and risk to reinsurers like MNRB. It’s up to MNRB whether to underwrite based on risk assessment. MNRB’s own Takaful general and life insurance are growing..

Posted by firehawk > 2021-09-27 10:31 | Report Abuse

announced 4 sen div... can breach 1.30?

Posted by sangkancil > 2021-09-27 18:48 | Report Abuse

i was unable to register for The AGM, any take away message from AGM?

Posted by Superb99 > 2021-10-08 05:31 | Report Abuse

Good result and dividend yield but price is flat only

Posted by Superb99 > 2021-10-08 05:32 | Report Abuse

No tycoo goreng it...too bad

Posted by sangkancil > 2021-10-11 20:09 | Report Abuse

undervalue ..just be patience.

Posted by goody99 > 2021-10-14 22:37 | Report Abuse

for an insurance company, the problem is usually the motor claims. Do insurance companies benefited from lockdown as there are less motor theft? Could someone in the general insurance industry please enlighten us?

Posted by sangkancil > 2021-10-17 15:32 | Report Abuse

MNRB’S TOPLINE IMPROVED BY 25%
1 Sep 2021
Kuala Lumpur, 1 September 2021 – MNRB Holdings Berhad (MNRB) has announced its financial results for the first quarter ended 30 June 2021 (Q1 FY2022). Despite the challenges imposed by the ongoing resurgence of COVID-19 cases and the reinstatement of Movement Control Order (MCO), the Group delivered a 34.9% increase in its Gross Written Premiums and Takaful Contributions to RM675.4 million as compared to RM500.8 million recorded in the same period last year. MNRB’s Group Net Profit however, declined slightly by 8.3% to RM46.6 million from RM50.8 million recorded in the corresponding quarter last year.

Commenting on the performance of MNRB Group for the period under review, Zaharudin Daud, President & Group Chief Executive Officer of MNRB said, “The impact arising from the COVID-19 pandemic including the emergence of the new Variants of Concern (VOC) will continue to cause challenges to our operating landscape. Despite this, our operating subsidiaries continued to persevere and focused on operational resiliency and as a result, contributed to the growth in our Gross Premiums and Takaful Contributions”.

Malaysian Re continues its overseas expansion

Malaysian Reinsurance Berhad (Malaysian Re), the Group’s reinsurance subsidiary, registered a 30.1% increase in Gross Premiums to RM421.0 million as compared to RM323.7 million registered in the same period last year. This was primarily driven by growth from the overseas business segment. Its Net Profit registered lower by 32.4% to RM23.8 million against RM35.2 million in Q1 FY2021, mainly due to lower net investment income attributed to the weakened equity market.

Zaharudin further added, “Malaysian Re continued to demonstrate solid growth trajectory by recording its highest first quarter premium of RM421.0 million. As we advance further in FY2022, we shall capitalise on opportunities to grow our business in the overseas markets as their businesses re-open after positive progress in containing the pandemic”.

Higher Gross Contributions for Takaful IKHLAS General

The Group’s general takaful arm, Takaful Ikhlas General Berhad (Takaful IKHLAS General)’s Gross Contributions grew 23.0% to RM94.0 million in Q1 FY2022 from RM76.4 million in Q1 FY2021, mainly contributed by growth in the Agency and Bancatakaful channels. Its Net Profit however, declined by 18.3% to RM5.8 million from RM7.1 million recorded in the same period last year mainly due to lower net investment income and higher acquisition expenses.

Takaful IKHLAS Family charting growth in Q1 FY2022

Q1 FY2022 saw the Group’s family takaful business recorded substantial improvements in its performance. Takaful Ikhlas Family Berhad (Takaful IKHLAS Family)’s Gross Contributions increased by 58.6% to RM161.9 million from RM102.1 million recorded in Q1 FY2021, which was largely contributed by recovery in the credit-related business from its Bancatakaful channel. New Business for Takaful IKHLAS Family, as measured by Annual Contribution Equivalent, rose by 97.8% to RM18.4 million from RM9.3 million in Q1 FY2021. Its Net Profit grew substantially by 411.5% to RM13.3 million from RM2.6 million in Q1 FY2021 which came on the back of higher wakalah fee due to growth in Gross Contributions.

“Our takaful businesses remained resilient and carried out relentless efforts including launches and campaigns of new products, such as our new Cancer Rider. At the same time, we also observed a higher participation in our products as we see that Malaysians are more aware of the importance of getting takaful protection amidst the current uncertain environment,” said Zaharudin.



Outlook for FY2022

Commenting on the outlook for MNRB Group, Zaharudin said, “The Group is cognizant of the risk from the Delta variant which may potentially hinder the economic recovery globally. Nevertheless, we remain hopeful with the National Recovery Plan adopted by the Government as well as the speed of our country’s vaccination rate in driving the country’s economic recovery. In view of this development, MNRB Group continues to strengthen our businesses and prepare for the expected economic recovery to ensure we emerge stronger collectively in FY2022 while continuing to carefully mitigate the setbacks from the ongoing COVID-19 pandemic”.

MNRB has recently announced the payment of a final single-tier dividend of 4.0 sen per share for its financial year ended 31 March 2021, amounting to approximately RM31.3 million, which is subject to shareholders approval at the forthcoming Annual General Meeting.

Posted by sangkancil > 2021-10-17 15:56 | Report Abuse

Institutional fund , UNIT , value in USD -1000

2021-09-29 NP DFAE - Dimensional Emerging Core Equity Market ETF 400 0
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - World ex U.S. Targeted Value Portfolio Institutional Class 102,843 31
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - Emerging Markets Sustainability Core 1 Portfolio Institutional Class 49,400 15
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - Emerging Markets Social Core Equity Portfolio Shares 139,467 43
2021-09-24 NP DFCEX - Emerging Markets Core Equity Portfolio - Institutional Class 3,293,154 1,008
2021-09-24 NP Dfa Investment Trust Co - The Emerging Markets Small Cap Series 1,247,988 382
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - World ex U.S. Core Equity Portfolio Institutional Class Shares 182,774 56
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - T.A. World ex U.S. Core Equity Portfolio - Institutional Class 70,000 21
2021-09-24 NP Dimensional Emerging Markets Value Fund - Dimensional Emerging Markets Value Fund [click for advisory] 1,983,779 607
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - Emerging Markets Targeted Value Portfolio Institutional Class 50,800 16
2021-08-26 NP JOHN HANCOCK VARIABLE INSURANCE TRUST - Emerging Markets Value Trust Series I 36,891 11
2021-07-26 NP AVEM - Avantis Emerging Markets Equity ETF 10,700 3

Posted by chkhooju > 2021-10-17 17:49 | Report Abuse

A few good sentences describing the deep values of the stock will do. Why waste so much time and effort writing grandmother's story? Very boring indeed.

Posted by stockraider > 2021-10-17 17:50 | Report Abuse

Just collect loh!

Posted by Johnzhang > 2021-11-01 13:04 | Report Abuse

Cukai Makmur will only marginally affect Mnrb. The business is basically split into 3 subsidiary companies ie Reinsurance,. takakul general and takaful family. The 3 subsidiary companies collectively contribute exceeding $100 mil profit. Only Reinsurance will exceed $100 mil PBT when it performs well . The other 2 units shall earn less than $100 mil each in 2021 and will not be affected.

Posted by Johnzhang > 2021-11-01 13:50 | Report Abuse

National Budget Office director Datuk Johan Mahmood Merican said the government is committed to ensuring that the utilisation of Cukai Makmur was transparently disclosed given that it is intended as a one-off tax to help support some of the increased requirements of COVID-19 health crisis.

"Our tax system is actually based on the company level. We do not look at the groups of companies as they will be taxed at an individual company level. In terms of utilisation, by law, all taxes go into a consolidated fund," he said on the BFM Radio’s Breakfast Grille programme today.

Posted by Rambutan9 > 2021-11-01 21:07 | Report Abuse

Johnzhang's comments are always a pleasure to read as they are food for thought.

Posted by Johnzhang > 2021-11-02 09:13 | Report Abuse

Yesterday's statistics

FBMKLCI: 1,530.92 (-31.39)
Bursa Trade Statistics:
Local Institutions (45.5%): -RM329.3m
Local Retail (31.3%): +RM314.3m
Foreign (23.2%): +RM15.0m

From the trades , Foreigners are not worried by the cukai Makmur, local institutions are! Mind boggling!

Posted by sangkancil > 2021-11-06 23:06 | Report Abuse

MNRB HOLDINGS BERHAD(KLSE : MNRB) added to S&P Global BMI Index

Posted by Johnzhang > 2021-11-07 20:55 | Report Abuse

@Rambutan9, thanks for the compliment.

Posted by Johnzhang > 2021-11-08 10:20 | Report Abuse

KUALA LUMPUR (Nov 8): Foreign buying of Malaysian equities extended for the fifth week and jumped to RM67.94 million last week from RM1.44 million the prior week.

In its weekly fund flow report on Monday (Nov 8), the MIDF Research team said as the market reopened last Monday, local institutions and retailers were net sellers and net buyers respectively, amounting to RM329.7 million and RM314.3 million.

“Meanwhile, foreign investors were net buyers to the tune of RM14.97 million despite sentiment turning negative following the announcement of the one-off “Cukai Makmur”

Posted by Johnzhang > 2021-11-08 10:28 | Report Abuse

Seem to me that foreign investors have better understanding to what extent Cukai markur has on corporate profitability than the local institutions. Local analysts from various IBs painted the picture so negatively and with so much exaggeration. They are the real problems to our capital market.

Posted by sangkancil > 2021-11-14 21:16 | Report Abuse

SSPN -i : takaful ilkhlas family

Posted by sangkancil > 2021-11-14 21:18 | Report Abuse

KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) today unveiled a new product under its National Education Savings Scheme (SSPN).

Known as Simpan SSPN Plus, it is an improved and new look of its existing (SSPN)-i Plus.

PTPTN chief executive Ahmad Dasuki Abdul Majid said the Simpan SSPN Plus offers more options to the depositors through its strategic partnership with three takaful operating companies namely Hong Leong MSIG Takaful Bhd, Great Eastern Takaful Bhd, and Takaful Ikhlas Family Bhd.

"Simpan SSPN Plus is a competitive and unique product that combines savings for education with the benefits of takaful protection, which is indeed the best among other education savings plans that are available on the market

Posted by sangkancil > 2021-11-14 21:23 | Report Abuse

She noted that SSPN deposits rose to a record-high of RM1.99 billion last year -- an increase of RM623.82 million or 45.6 per cent from RM1.37 billion in 2019 -- bringing the total amount of SSPN deposits to RM7.88 billion as at Dec 31, 2020.
Noraini also added that 436,101 new SSPN accounts were opened in 2020, bringing the total number of accounts to 4.82 million since it was established.

Posted by All_in_2021 > 2021-11-24 13:15 | Report Abuse

this share so little volume

Posted by sangkancil > 2021-11-30 18:14 | Report Abuse

PE < 5 , main shareholder :PNB

Posted by Johnzhang > 2021-11-30 19:46 | Report Abuse

KUALA LUMPUR, Nov 30 -- MNRB Holdings Bhd's net profit eased to RM38.83 million in the second quarter ended Sept 30, 2021 (Q2 FY2021) from RM42.36 million in the same period last year.

Revenue, however, rose to RM730.04 million versus RM706.81 million previously, it said in a filing with Bursa Malaysia.

PBT is $47 mil same as last year.. But higher tax this qtr has resulted lower NPAT. EPS 5 sen.
Surprisingly, difficult operating environment during 3 Q didn’t affect performance.