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2018-01-06 14:52 | Report Abuse
Momentum EGM & Last Quarter Result..Dividend.. Election..
. 1.35....1.45....1.55... 1.80
2018-01-06 10:41 | Report Abuse
1998, 2008, 2018... Dun forget.. Lock profit if reach personal target..
2017-12-14 17:01 | Report Abuse
Dealers say equities linked to local funds are poised for active buying
PETALING JAYA: Some large caps on Bursa Malaysia are poised for active buying this week as major funds such as Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF) head closer to their book closures, dealers said.
“As much as it is really old news, this phenomenon still holds, especially considering that PNB will be closing its books on Dec 15,” pointed out a fund manager.
PNB related stocks that are likely to see some active buying this week include Malayan Banking Bhd , the three Sime Darby stocks, SP Setia Bhd and UMW Holdings Bhd .
In the case of Chemical Company of Malaysia Bhd, a dealer pointed out that he was not expecting much upside this week, considering the stock was up close to 100% year-to-date.
In the case of Sime Darby Bhd , which split itself into three separate listed companies on Nov 30, the combined market capitalisation of these three companies was less than what Sime Darby Bhd was on Sept 30.
Bloomberg data showed that Sime Darby’s market cap on Sept 30, the end of its first quarter for financial year 2018, stood at RM61.35bil, versus the current combined value of its three listed entities at RM60.8bil.
The share prices of Sime Darby Plantations and Sime Darby Property fell on the first four days after their listing. Both have chartered 13% and 30% increase in share prices respectively and are still off their listing prices.
As for Sime Darby, it went as high as RM2.30 after the demerger on the account of a 17 sen dividend that went ex on Dec 4. It come down to RM2.12 yesterday.
UMW Holdings Bhd, which went through a demerger exercise in July this year with UMW Oil and Gas Corp Bhd , saw its sales improving since the launch of four facelift models and new variants in September – Vios, Fortuner, Hilux, and Innova.
Its subsidiary, UMW Toyota Motor Sdn Bhd, is working on a network reform programme to strengthen its retail operations.
According to MIDF Research report, UMW’s growth catalysts include the reversal of prior years’ market share loss, monetisation of its 711-acre Serendah land, as well as the quadrupling of mechanical and engineering segment earnings.
Meanwhile, another group of companies likely to benefit from a year end market boost are stocks aligned to the EPF.
They include Tenaga Nasional Bhd , RHB Bank Bhd, Malaysian Resources Corp Bhd (MRCB), Malaysia Building Society Bhd (MBSB) and CIMB Group Holdings Bhd .
2017-12-06 18:44 | Report Abuse
0.02---0.025 for 1 year?
2017-12-05 22:42 | Report Abuse
Value of this counter now 0.005..QR good?! Peanut QR profit
2017-11-23 19:07 | Report Abuse
If removed impairment, profit will be higher @makesomemoney..impairment is reduce the profit.. Ermm..
2017-11-20 19:23 | Report Abuse
Decide on 24th wanna to buy or not..scary sell on news..
2017-11-15 11:44 | Report Abuse
Gain more than 10%.. Thanks all.. Anak Emak thanks..
2017-11-07 10:07 | Report Abuse
Arabian still sleep..wait for 3.30-4.45pm..
2017-11-06 21:13 | Report Abuse
Q buy at what price tomorrow? Plan to topup some more..
2017-11-06 20:40 | Report Abuse
@Netx...simply or cin cai TP..1.35, 1.45, 1.55~~~~~~~2.00
2017-11-06 20:34 | Report Abuse
Management will think ~~~ business strategy
We as minority will think~~~ price of shares and dividend..
2017-11-06 20:30 | Report Abuse
Please contact Qatarian, Saudian, Arabian to swap and buy at open market..still cheaper now mbsb shares price..
2017-11-06 18:55 | Report Abuse
On Aug 18, MBSB received notification from Bank Negara Malaysia that the finance minister had granted approval for its proposed acquisition of a 100% interest in AFB pursuant to the Islamic Financial Services Act 2013.
A merger of the two entities would create the country’s second-largest stand-alone Islamic bank with total assets of RM47.81 billion, after Bank Islam Malaysia Bhd.
The proposed acquisition of AFB is MBSB’s third attempt to acquire an Islamic banking unit, which is in line with its goal to become a full-fledged Islamic bank as opposed to its current status as a non-bank lender.
Its two previous failed attempts to acquire Bank Mualamat Malaysia Bhd and the Islamic banking units of CIMB Group Holdings Bhd and RHB Capital Bhd were reportedly due to disagreement over pricing valuation.
Once merged, the entity will be one of only three listed syariah-compliant companies in the financial services sector, with the other two being BIMB Holdings Bhd and Syarikat Takaful Malaysia Bhd.
The Edge Malaysia weekly in its June 12 issue cited sources as saying that the proposed merger involves MBSB buying AFB’s assets and liabilities in a deal that values the latter at a price-to-book value of between 1.2 times and 1.5 times. The total consideration is about RM650 million, with more than half of that comprising a cash portion.
The weekly’s Sept 4 issue reported MBSB president and chief executive officer Datuk Seri Ahmad Zaini Othman as saying that the non-bank lender has taken steps to convert its conventional loans to Islamic.
He shared that as at June 30, only about 15% of MBSB’s RM36.06 billion gross financing/loan book was conventional. They comprised mortgages and corporate loans. The group’s personal financing business, which makes up about 63% of its financing book, is 100% Islamic.
The Employees Provident Fund is the largest shareholder of MBSB with a 65.6% stake. Last Friday, MBSB shares rose one sen or 0.91% to RM1.11, with a market capitalisation of RM6.5 billion.
2017-11-06 18:52 | Report Abuse
KUALA LUMPUR: Non-bank lender Malaysia Building Society Bhd (MBSB) is expected to ink a sales and purchase agreement on its proposed merger with Asian Finance Bank Bhd (AFB) today, according to sources.
“The two parties are also understood to be meeting analysts today as well,” said one source.
Stock: [MBSB]: MBSB BERHAD
2018-01-06 17:17 | Report Abuse
All good thing start from 23/1-30/1 @ orange88..