very sorry to say, running the company like a bumi entity is not helping but ruining the company, there is a serious rebranding need to change the image of the bank, pick the best people to run the bank and not some choosen ones that were there just to act like a sitting duck
well, if there will be an imaginary Final dividend like you said, the share price will be 68sen after the payout, and all is back to the square one....just look at how the share price perform....its a shame
Looking at the history of dividend payment - this is confirm a dividend bearing stock - relative to its price - above 5% easily As for capital gains - that's yet to be seen
Even dividend announcement cannot hype up this useless counter really says something, if you observed the millions of share queuing to sell are always the big shares holder vs the buy which are all small retail investors makes you wonder why are all big shares holders selling?
Giving good dividend also not happy ? Collect MBSB only if it is for long term and for dividend. It is not for goreng just because it is the cheapest Bank counter . Her market cap are now range 6 billion almost similar to those of BIMB, Affin, ABMB.. So the current share price it is what it is . But in future earning grow prospect , that's what most investors look for here, it may lift the market cap .
Bought at Low price with dividends is never a wrong decision. From the trading transactions, it seems that a big hand is pressing down the share price even with good results and dividends given. From this scenario, it warrants me never invest especially in ' call warrants' issued by Banks/broking house for Banks counter involved.
so what for the dividend announcement, the counter continue to sell down this morning, I still don't get it that some can still say it is good to sell down for them to buy, it can never be good for shares trading when a counter is down and continue to slide like MBSB....
I've been a long term collector of MBSB, dividends has been pretty awesome. Current q3 earnings are good as well.
Epf probably rebalancing portfolio given > 50% ownership. Plus midf long term impact still wait and see, although q3 earnings is a right direction since no news of them selling anything.
Epf probably lowering exposure to the glut in condos and property right now and associated loans.
Those who holds for the long game .. at current price .. is a steal .. Frankly apple to apple (Affin, BIMB and MBSB) , looking at the annual reports - again personally I feel MBSB is a steal ... this is not a buy call .. do own research please
Should I agree to those who keep condemning MBSB is so bad. My cost on MBSB is around 60 cents, but just within 4 years. 21,22,23 and 24, I received a total of 17.75 cents in dividend, so it is 4.4 cents per year, as my cost is 60 cents, my yield is around 7.33%, can I say it is very bad.
@speakup, glad to have you in the same boat. I trust EPF. I am confident that they will make MBSB Bank shine and bright. my dream target > RM 1.6 0 or even on par with BIMB. please hold.
I bought in year 2020 at price of RM0.84 then average down to RM0.5778 during covid 19 years, it has been a frustrating journey for I am expecting “this banking” stock will rebound soon but the progress is slow and uncertain. I have been expecting EPF as major shareholder will create more values for this company but nothing visible yet. Anyway I will continue to hold on until it is above RM1 or return its glory days as dividend stock with return better than EPF returns. Keeping my finger crossed and continue to exercise my patience
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....
Loy Loy Cheong
396 posts
Posted by Loy Loy Cheong > 1 month ago | Report Abuse
very sorry to say, running the company like a bumi entity is not helping but ruining the company, there is a serious rebranding need to change the image of the bank, pick the best people to run the bank and not some choosen ones that were there just to act like a sitting duck