Posted by donald770 > 2024-08-17 15:35 | Report Abuse

Commendable q result!!!

Posted by danchong > 2024-08-19 10:40 | Report Abuse

Market doesn't seem to like the QR.

Posted by danchong > 2024-08-19 10:55 | Report Abuse

Investment income on financial assets is 109mil. Investment income on financial assets only 96mil.

Posted by skc761103 > 2024-08-21 09:17 | Report Abuse

mnrb will eventually spike to myr3 after those call warrant expire

Posted by Moratorium > 2024-08-21 11:49 | Report Abuse

Wah, that's like next year...
I sit quietly and wait for my dividend then. Meantime, hope they can push it to 2.0 for me to collect more

Posted by Moratorium > 2024-09-13 10:32 | Report Abuse

Inverse H&S and dividend soon to be announced! Huat ar!!

Posted by Jack888 > 2024-09-18 16:41 | Report Abuse

Can buy more now...accumulate...is going to uptrend soon.

Posted by Save > 2 months ago | Report Abuse

How much is expected Dividend to be announced?

Posted by XinXin Chan > 2 months ago | Report Abuse

Dividend will be announced today?

Posted by Save > 2 months ago | Report Abuse

probably tomorrow AGM

Posted by TheContrarian > 2 months ago | Report Abuse

10 sen dividend.

Posted by Knownfact > 2 months ago | Report Abuse

A big letdown, right? Why are they holding so much shareholders money?

Posted by Moratorium > 2 months ago | Report Abuse

Well, it's more than a 200% increase from last year's dividend.
I'm not complaining as long as they hold shareholders money to earn more profits and divs for next year...

Posted by Save > 2 months ago | Report Abuse

More than expectation. I thought 8 sen only

Posted by Supernoob > 2 months ago | Report Abuse

10 cent is very decent ! sometime mgmt hands r tied...they cannot suka suka payout..any dividend need approval from BNM.

Posted by Save > 2 months ago | Report Abuse

As Insurance company mainly keep bonds for their investment, bond price appreciation will be good when US economy slow down and cut rate.
https://www.ram.com.my/pressrelease/?prviewid=6736

Posted by hw0706 > 2 months ago | Report Abuse

MNRB Holdings Berhad is currently trading at around MYR 2.22 as of October 2024, after seeing significant growth over the past year. Its stock price has surged by over 130% in the last 12 months. The stock's current price-to-earnings (P/E) ratio is quite low at about 4.02, suggesting that the stock could be undervalued compared to its earnings potential, especially given its strong earnings growth and profitability​.

Additionally, with a price-to-book ratio of 0.54 and a return on equity of 15.5%, the stock seems attractively priced relative to its assets. Analysts estimate a potential upside of over 20%, with a price target of MYR 2.70​.

If you are considering this stock, its valuation metrics and growth potential suggest it may be undervalued, making it an interesting option for investors looking for growth in the Malaysian market.

Posted by Dehcomic01 > 2 months ago | Report Abuse

MNRB – bigger does not mean better

Bursa MNRB is a leading provider of reinsurance and retakaful as well as takaful. You would have thought that with a captive reinsurnance market and being a poineer in the takaful sector, the Group would be a roaring success.

While MNRB had been able to grow its revenue at 5.2% over the past decade, PAT only grew at about half the rate. When I compared MNRB's performance with those of the other Bursa insurance companies, I found that it is at best just below the panel average.

There was a run up in its share price a couple of months ago following a very good first quarter result. Unfortunately this was not sustained in the second quarter. So the company is still trading signficantly below its book value.

MNRB's problems are more about poor operating fundamentals – profitability, underwriting performance, and investment. If these could be improved we will have fantastic performance. So maybe the market waiting for this to happen before any re-rating.
https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol227-Invest-04Oct.pdf

Posted by GLNT > 2 months ago | Report Abuse

This article originated from Feb 2024, causing share price to plunge this week. What a joke. Since Feb 2024, its following few quarters had been nothing short of breathtaking. Who is this joker who recycled this outdated article just to drive down the share price?

Posted by Knownfact > 2 months ago | Report Abuse

If you’re poor in management,how do you explain you can chalk up EPS of 57.59 sens & gather 11B in financial assets
Why you need to find reasons to justify an underrating of the stock?

Posted by StarOfTheBull > 2 months ago | Report Abuse

Selling down because of ex div 10c. Recovery should be on the way in couple of weeks.

Posted by Moratorium > 2 months ago | Report Abuse

Just be patient and wait until results are announced in Nov...
If we can get another good quarter in Nov, all hell is going to break loose here

Posted by StarOfTheBull > 2 months ago | Report Abuse

Mnrb share price is now at par with Manulife. LOL

Posted by KeepLearning > 1 month ago | Report Abuse

Collection Time

Posted by StarOfTheBull > 1 month ago | Report Abuse

Same price with Manulife again.

Posted by danchong > 1 month ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3493763

Posted by Najib Zamry > 1 month ago | Report Abuse

Very good result. Eps 11 x4 =44 sen Pe 5 Rm2.20 Pe 10 Rm4.40

Posted by StarOfTheBull > 1 month ago | Report Abuse

Tomorrow 10c dividend into bank account. Hoping for another dividend in near future.

Posted by GLNT > 1 month ago | Report Abuse

How many more fantastic quarters does it take to wake up sleepy Malaysian investors and brokers? Ridiculous PE 4x for insurance companies? Share price should double or triple to catch up with other insurance companies. Malaysian market is just ridiculous.

Posted by Moratorium > 1 month ago | Report Abuse

GLNT, just be patient.
The call warrant sellers are suppressing the price of this counter. Over time, it's true value will emerge.
Cheers and enjoy the ride!!

Posted by troy88 > 1 month ago | Report Abuse

Great result. Well done

Posted by StarOfTheBull > 1 month ago | Report Abuse

2% tax on dividend has positive effect on sales of takaful insurance policy.

Posted by moven00 > 1 month ago | Report Abuse

When they start to put a TP it’s likely the Fund want to distribute to retailers. Nothing to shout about as dividend already ex. What else somemore for the next 1-3 months that can push the price higher? Moreover Maybank IB cap it at RM2.70. You want to talk about PE, you go and check Allianz PE. Forever single digit PE. MNRB price already run up quite a lot. Not really worth a risk to take at least for me.

Posted by ykloh > 1 month ago | Report Abuse

MNRB had a fantastic Q4 FY24. Dont expect this to repeat.

Posted by GLNT > 1 month ago | Report Abuse

moven00, Allianz PE is misleading as it has preferred stock which is almost as big as its common stock, thus PE should double. Study more

Posted by StarOfTheBull > 1 month ago | Report Abuse

Over the same period, the number of registered takaful agents rose 37% to 108,158, from 78,979, with greater industry participation and collective efforts. This was reflected by a higher penetration rate, reaching 20% from 15% in 2015, coming from an enlarged base of family takaful certificates at 6.6 million, up 44% from 4.6 million, with annualised contribution exceeding RM8.97 billion.
https://theedgemalaysia.com/node/733255

Posted by moven00 > 3 weeks ago | Report Abuse

GLNT, thanks for highlighting this to me. Appreciate.

Posted by Rambutan9 > 1 week ago | Report Abuse

Change of CEO,why? Hope the new CEO will bring MNRB to new height and declare higher dividend for the shareholders.

Posted by StarOfTheBull > 2 days ago | Report Abuse

Slow response.