MBSB (1171) - Technical Indicators

to say those whom have invested in MBSB is deeply disappointed is an understatement. having a set of good cards but poor player, (the management) who do not know how to play the cards to its full potential is.....MBSB has been around and rotten for too long.

1 month ago

Raul

Another significant disposed by EPF.
Current shareholding reduce to 56.96%
Any reason behind this move?

1 month ago

all analyst is running down MBSB and all are talking down the share price, and the problem is, MBSB has not even come out to issue any statement to debunk all this, meaning they are quietly accepting this.....that's why I always said MBSB management doesn't seem to be working...all napping in the office waiting for fat pay end of every month. They are like what....the 2nd biggest Islamic bank in terms of asset? something like this and they are happy that they are just worth 74sen? I agree with Chokra, just delist and return the fair value of RM1.20 to the minority share holders.....

1 month ago

Another day of selling...the chart is pathetic

4 weeks ago

ShareFortuneTeller

Of course they accept it. why ??? - think about call warrants issuer....

4 weeks ago

Could it be turning into another BIMB kind of stock?

4 weeks ago

xiaoeh

Posted by bowman > 15 minutes ago | Report Abuse
Could it be turning into another BIMB kind of stock?

ever since MBSB turning into bank entity
anything can happen
it is the matter of WHEN...it will happen

4 weeks ago

Then time to let go. If it didnt strive to be a bank, maybe it should just remain a cooperative money-lender

3 weeks ago

lassy

Because of the NEGATIVE sentiments surrounding MBSB investor only can buy it at 74sen today or 70 sen after the coming QR result but if it can manage to improve A BIT of it bottom line then the shares price will move up to around RM1.I remember PNB sold MNRB until it hit 80 sen also because of negative sentiments and pls look at the price NOW @ RM2.20 MBSB shares are not like SD or Sapura where there is MISLEADING financial statements.

3 weeks ago

ShareFortuneTeller

Betul. But first of all get rid of all the call warrants first to avoid conflict of interests.

3 weeks ago

ShareFortuneTeller

Will the Bankers/Brokers would push up the price if they are involved in the call warrants issuers.

3 weeks ago

M55555

Yeah .... especially itu Kenanga... continuously giving low low target but keep issuing high high call warrant... like MBSB-CW71 . Cakap tak serupa bikin , and this is not first their first high CW vs target price

+++++
ShareFortuneTeller

Betul. But first of all get rid of all the call warrants first to avoid conflict of interests.

3 weeks ago

This counter is not just down, it is melting....

3 weeks ago

What the f is happening?

3 weeks ago

Firefighter

its coming... prepare for falling knife ;)

3 weeks ago

xcu843

This was old news. How come you still comment here? What is your motif?

3 weeks ago

About time MBSB CEO address this continuous slide downwards of its share price. Seven years ago, the share price of MBSB was double what it is presently. Chua MA Yu bought a substantial stake and many of us bought too thinking that the man with the Midas touch could help steer MBSB to greater heights. In the late 80s, the share price of MBSB was above Rm4.00 per share. This is to remind the current CEO of MBSB about its historical price. Perhaps in the next AGM, we should ask him to speak on its share price. A bank share price should not languish at 0.72 sen. This is ridiculous. Wonder what EPF & PNB think about it.

2 weeks ago

Yippy68

very cheap now.

2 weeks ago

alenac

Becareful buying CMY picks on the favourite, some connected to scams.
chokra
About time MBSB CEO address this continuous slide downwards of its share price. Seven years ago, the share price of MBSB was double what it is presently. Chua MA Yu bought a substantial stake and many of us bought too thinking that the man with the Midas touch could help steer MBSB to greater heights. In the late 80s, the share price of MBSB was above Rm4.00 per share. This is to remind the current CEO of MBSB about its historical price. Perhaps in the next AGM, we should ask him to speak on its share price. A bank share price should not languish at 0.72 sen. This is ridiculous. Wonder what EPF & PNB think about it.

11 hours ago

2 weeks ago

I have been pondering for a long time. Did I buy into a good bank 8 years ago and at the right price. We always feel Bank's are licensed Alongs that will reap you good returns through the years if you hold on to the shares. For me, MBSB can be considered as an investment failure for me. I ask myself, is it all my fault? The banking business is not some mini market or DIY outlet, there are only a limited number of licences issued and you can count the local Banks within your 10 fingers. Yet MBSB performs so badly in share price. Is it using its reserve capital to pay out as dividends. No it is not. Then why the share price is 50% off its price 8 years ago. Can it be because the employees and managers are of the worst quality? Can some other forum members enlighten us on this crappy MBSB Bank. How can EPF and PNB who are the two majority shareholders accept such poor performances from this bank.

2 weeks ago

MBSB has a very huge shares in issue of 8.222 billion.

2 weeks ago

xiaoeh

Is MBSB your cup of tea TheContrarian sifu?

2 weeks ago

@xiaoeh, no, very long time ago I made a over 40% gain on MBSB, bought around 69 sen, sold above RM1. Never buy back. I prefer Affin today.

2 weeks ago

I beg to differTheContrarian from your assumptions. Just look at the top 30 shareholders, the top 5 holds more than 70 % of its shares. EPF & PNB itself holds 70% of MBSB. So to suggest that other parties can suppress its share price, I don't think so even if you include Call Warrant operators. MBSB's major problem is EPF/PNB somehow not concern about its share price. It is like as though they have a future plan for MBSB that we are not anticipating. Why keep MBSB's price rock bottom?

2 weeks ago

What assumption did I make?

2 weeks ago

Posted by chokra > 1 month ago | Report Abuse

I am so tired of holding MBSB. have been holding it for at least 8 years. Nothing MBSB does can influence its share price. Perhaps Kenanga Investment Bank is right. MBSB is overvalued even at today's price. Regret buying it. This is the worse bank share in KLSE.

2 weeks ago

speakup

@chokra what is your entry price 8 years ago?

2 weeks ago

About Rm 1.10. Speakup.

2 weeks ago

This is definitely the worst performing stock in the financial sector. There is no beneficial investor relations, let alone any interest to lift itself to new heights. Its prices tracks reflects how responsible or the lack of to its shareholders. There is no interest nor courage to move beyond a cooperative's image now that it also owns the MIDF.

2 weeks ago

Bowman, from my observations the management of MBSB is similar to GLCs. None of the top guns in MBSB concern about creating value for shareholders. They just earn fat wages, after all their appointments in GLC/EPF companies is through some strange selections by their masters. They don't even have a conscious that they are letting down all their shareholders.

2 weeks ago

I meant conscience and not conscious.

2 weeks ago

M55555

They are working very hard.. to meet Flight 26.....
Need some faith... company that like to issue MOUs
Yesterday MOU with Curlec . Other MOUs from previous years, MRT Corp, Celcom, PR1MA, Uitm......

1 week ago

StarOfTheBull

In term of share price, this is the worst performance bank so far.

1 week ago

RInvest

Good Q report - not bad

1 week ago

StarOfTheBull

Revenue and profit fast catching up with Affin Bank.
At this price the potential is very good 👍.

1 week ago

vitac

Cannot compare profit with affin as the outstanding shares for mbsb is many times more than affin

1 week ago

6Posted by TheContrarian > 1 week ago | Report Abuse

MBSB has a very huge shares in issue of 8.222 billion.

MBSB needs RM1.6444 billion net profits for EPS of 20 sen while Affin needs RM480 million (not billion) net profits for EPS of 20 sen.

1 week ago

Why Affin can hit EPS of 20 sen by just achieving RM480 million? Because Affin shares in issue only around 2.4 billion. If a person still no understand there's no point investing in the share market.

1 week ago

Let's see if this profitability nonsense put it where it should be - languishing in the mid 0.70 is shameful for a bank with such huge business base. Either the BOD dont know banking business or dont care two hoots for investor relations!

1 week ago

Chok Sharon

why certainly drop?

1 week ago