A lot of vultures is circling around MBSB ,now DUDOK DIAM DIAM waiting for the kill, if I am not mistaken the highly regarded striker CHUA MA YU accumulate this stock before .
I notice there is an estimated 8 million shares sold down at the last 5 mins of today's trading session, guess it should be the work of EPF. They are doing a lot of disservice to the share holders selling in this manner, why nobody care to question their intentions? I find it appalling that all is so quite about EPF selling such big time over MBSB
I parked a tiny volume buy at 0.755 around 11am but not match? I did not really notice the buy volume today , but was surprised with those the few million share changes around 4.45pm , did not include my buy queue...
PNB and EPF should stop torturing minority shareholders. Just privatise MBSB at a fair price so we can all exit from this dead counter. Companies list their shares for cheap funds but they also build value to reward their shareholders (including giving good dividends). As far as I can see, MBSB management cannot reward their minority shareholders with a fair price. So what is the point of listing MBSB? It is a bank, yet there is no premium attached to its banking licence. MBSB management, please privatise this rotten bank. Waste time listing it in KLSE.
Epf I think doing trading to make some money to pay the yearly epf dividends.. Yes, epf should gang should look to enhance value of mbsb.. Or else dunno what ix happening to this stock..
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.
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.....
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.
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.
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.
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.
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.
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?
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.
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.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Raul
255 posts
Posted by Raul > 1 month ago | Report Abuse
Aiyoyooo...baru mau sedar ka?
Kikiki