You really need to get your head check if you look at 36 month's price chart and decide to buy....worst if you look at 5 year price chart...those bought 5 years ago have probably jump from building...haha

Like I said, stock fundamentals are all BS, those have no holding power will be squeeze until they are selling at rock bottom price before it goes up again...advise you better don't buy this counter if you want fast buck.

MBSB well done, more then 2% down as of now compared to the rest of the financials which down less then 1%

MBSB has to ask themselves what have they done to give investors the advantage in holding their investment? Apart from the dividends, those whom have hold the shares long term for 5 yrs sees their investments losses even after factoring the dividends....politics

This shit counter always lead in the drop and lag in the rise, in the last few days after the interest free moratorium announcement, it has gone down 5%+ while others are like 2%....

All private entities including banks in Malaysia should be free from any politics control and remain private for any foreign investors to feel confident of investing in Malaysia. By their way of managing this country, it is no surprise that investors choose not to park their money here, they will simply make quick money and pull out without any long term strategy of investing here. Think!

Selling down like a piece of shit...

One of the poorest performing financial despite record last quarterly profit from write backs. Gone case counter.

Those politicians are good at killing their own economy rather then to grow it. The B50 is at this situation due to their failed policy in controlling the covid. They need to restart the economy so that the people can earn money to put food on the table and pay their bills, not giving endless handouts or getting the banks to absorb their debts....really a silly thing...

MBSB is forever leading the drop....I have been investing in CIMB for past 10 years and has been gaining good returns. I switched to MBSB this year due to the low PB value and constant dividends over the years, but unfortunately the price do not reflect the value of the stock...no point waiting and waiting while the lousy Management ain't doing anything to improve the price. With right time, I will switch back to either CIMB or MB....this is a lousy lousy counter.

Politicians are treating banks as if it is own by their father, this country is doom with such politicians....really hopeless.

The best scenario is MBSB to be a takeover target, the NTA is already RM1.22 and with the premium added in, it will cost at least 1.50 or more. Just watch, to goreng the counter, EPF will induce other GLC bank to takeover at some point. If gov allow China Tech company to come in Msia banking sector, there will be a lot of companies waiting to takeover.

https://www.youtube.com/watch?v=VgVcYqocIXk

Kenanga really shot themselves by recommended HOLD for MBSB but price target of 61sen. The person and their publishing authority ought to be fired by giving such contradicting statement. What really shock me is how did they arrive at the valuation? They are absolutely without credibility.

Find me another penny stock that has half a billion profit for 1Q. Market punters doesn't know stock valuation, they rather punt on company like loss making AirAsia then a bank like MBSB...strange....MBSB is trading at 0.5 PB, which is at a 50% discount and pay dividend yearly but nobody's interested...

Based on the profit of 2Q, the price should be about RM1.00 to RM1.05 to reflect the price /earnings. Tomorrow will surely gap up with buying in anticipation of special dividend. Will be holding out long term to enjoy the dividends yearly. No RM1.10 no sell....

Hanging at the tail when financials charge up, leading the drop when financials are inching up.

KLCI +13pts and MBSB in negative territory, phui!

There is a chance that MBSB will hit 70sen next Monday if financial play keep up in this week and next.

once 62sen is cleared, it should advance to 65sen surely. By October when Msia reached 80% immunity level, we can expect it to be well over 70sen. keep it for long term and you will be rewarded hansomely.

Trading suspension on MBSB?

https://www.straitstimes.com/asia/se-asia/top-bersatu-leaders-seen-arriving-for-meeting-amid-malaysias-political-crisis

Singapore ST already reporting.

MBSB take over by another more established bank should be a win win solution for both EPF and its investors. To remain as it is now, it is neither here nor there as current management are a brunch of wasted life which just take salary and good as doing nothing

Another day of seeing other financials charging up while MBSB is being sold down, what is the rational ?

The provisions reported of the last few years are the necessary steps to take for MBSB to become a full fledged bank, it is not exactly losses. Despite the provisions made, MBSB has never fail to pay dividends on an average of 5sen every year, even on a bad year like 2020, while some bank have not been giving dividend, MBSB still managed to give 2sen. On paper, MBSB is a fantastic company but lack the flair, can said to be too conservative therefore unable to attract investors attention and hence the low traded volume. MBSB has to make themselves more VISIBLE...like creating some good news and vibes to stir up the game....unfortunately the Management are all sleeping and not working to whip up their share price. Sacked the Management and bring in fresh blood to run the company is what EPF should do.

KLCI is 11pts up as I am writing, and yet MBSB is struggling to even or down. Are the MBSB big share holder watching this? Useless Management has any clue to arrest the situation?

Who in MBSB is the smart Alex that proposes DRP? That have cause the market to drop confidence, proposing DRP @56s in a market that is under pressure is a perfect antidote for killing oneself , that's why I kept saying the MBSB Management need to be sacked. Useless prick.

All financials are up, MBSB is the only odd one that goes down, what's wrong?

Regret investing in MBSB

Hopeless counter, only come down but never go up.

Opted for cash.

MBSB at the price of just 50% of its NTA and still profitable is simply just too cheap beyond anyone's comprehension. EPF is literally the owner holding 70% of the shares and nobody can create any interest in this counter if EPF is not willing to move the shares up, but it move it up means EPF will have to buy more and that's not feasible. The only way is to create take over by any of the banks where EPF has a majority stake, in this way, it would be a win win situation for both the majority stake holders and the retail investors. I will not be surprised if an announcement will be made someday.

MBSB might be a potential take over target.

@Samchan, should have dividend if you sell today, but best confirm with your trading agent before executing your order

MBSB is very successful in making people dump their shares and don't want to buy their stock, it is either down or stagnant when other banks are having a run on their prices. Always hopeful but hopeless

Today price is already Ex-div ....just hold. Another 2 weeks vaccination will reach 10% of the mass population, should see dip in the covid numbers, couple with the world news that covid will be an endemic which the world must accept its co-existence, the economy will open up gradually and market will reverse trend.

Give dividend is like no give, WTF

Yes, indeed, the key is to be patient, I am too impatient, my bad.

MTF share, every day drop....people drop 2sen MBSB drop 2% .....hopeless

Hard to think MBSB will fall below DRP price for the market will, and should be able to adjust itself. With 2 qtr of continuous profit, once better news are out for covid 19 recovery, it should go up like the rest of the market but may not reflect it's TRUE price. If 2021 can achieve 5 to 6sen profit, the share price should be around at least 80sen to RM1. I will hold it for recovery.

My bad for giving you all the wrong leads, Slts and Yippy68 is correct, you can either get cash or DRP. I just check with my broking agent and confirmed it.

@Yippy, I really hope you are right, I also rather take cash.

you will have to play their game, retailers buy only to keep at least until the new listing are disperse in the market for 1 to 2 month if want to make some money. But again it depends on how much institutional have collected and whether they want to drive up the price. MBSB at PB 0.5 and PE 10X is indeed a good counter. Too bad it cannot attract volume.

Can this attract institutional investors is yet to be seen

The 2sen dividend is not meaningful. Shares are priced at 0.61 (based on 0.63 with 2 sen dividend) and new listing at 0.56 which is about 8% discount from base price. Allotment is 10% if I am not wrong....so if you have 1M shares, you will be allow to subscribe to 100k shares@0.56...
Think the price will be play up the coming 2 weeks.

If I am right, tomorrow is the AGM, price will rebound.

Got the picture now, the price was kept low deliberately for the DRP allotment shares. Will it return to mid or high 60+sen level after the DRP allotment confirmation?

The allotment to individual investor will be 10% of your holding shares at a discount of not more than 10% based on the average last 5 days closing price before the AGM? Is that correct? Appreciate anyone advise.

Nobody can guarantee the price will go up after DRP, and btw DRP can come in the form of selling you at 2sens lower or giving you shares equivalent to your dividend, if they choose to do it by issuing new subscriptions at a discount price, the current price is already at 50% discount so how are they going to price it? Unlike maybank, their price is high and a few ten's discount is substantial for investors to buy into their new shares issues. I hope I am wrong, but market is obviously not reacting to it favourably till now. MBSB has got to come out and do something to stabilise their shares. I rather they do share buy back is better.

Banks and financials are all up the last few days and yet MBSB struggling and cannot even maintain even.