MBSB BERHAD

KLSE (MYR): MBSB (1171)

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Last Price

0.725

Today's Change

0.00 (0.00%)

Day's Change

0.725 - 0.73

Trading Volume

3,204,400


29 people like this.

22,677 comment(s). Last comment by -

kl_guy

1,604 posts

Posted by kl_guy > 2022-12-09 20:06 | Report Abuse

next resistance at 65sen. lets see .

Posted by Loy Loy Cheong > 2022-12-10 13:22 | Report Abuse

The macro economy will of course lift the share price nevertheless, but the fact remains that this counter is behind all other financials and trading way below it's NAPS, is the management going to be sleeping on this? Change or simple fired the useless appointment holders to save cost since things are more or less on auto pilot

Posted by Loy Loy Cheong > 2022-12-10 13:24 | Report Abuse

Earnings per qtr...1st 3.25sen, 2nd 1.98sen, 3rd 0.82sen...4qtr ?sen...so does that mean we can expect at least 3 to 5sen dividend declaration after 4th qtr earnings announcement on Feb 2023?

Posted by Loy Loy Cheong > 2022-12-10 14:11 | Report Abuse

If full year earnings is projected to be about 7sens, I would expect at least 4sen to be given and the rest for reinvestment or use it as shares buy back to prop up the share price....price should be trading at least 90sen to RM1.00 with NAPS at RM1.20 if assets rise next year...the NAPS would have gone up to about RM1.30 or more

Posted by Loy Loy Cheong > 2022-12-10 14:17 | Report Abuse

What is the point for it to be listed if share price is so low? Might as well dispose all assets and return money to investor as in that way they can get back more than RM1.00 for every share they owned. Pity those hold this counter for the last 5 years....still seeing their money stuck there

Posted by MohamedAqil > 2022-12-12 11:05 | Report Abuse

Tak perlu risau sangat selagi harga yg dibeli adalah rendah dan boleh memegangnya utk jangka masa panjang

Posted by MohamedAqil > 2022-12-14 15:53 | Report Abuse

Rasa MBSB boleh naik ke 65 sen hujung bulan ni

Posted by JAJJInvestment > 2022-12-17 02:59 | Report Abuse

We hold MBSB more than 6 years average cost RM 0.80. all views valid but one major problem we found EPF holding too big block is the culprit. If EPF cannot push MBSB up. It is better to let go. All started with share holder not management.

kl_guy

1,604 posts

Posted by kl_guy > 2022-12-17 14:37 | Report Abuse

bila mbsb dgn midf akan bergabung ? When can complete?

Posted by Loy Loy Cheong > 2022-12-25 21:46 | Report Abuse

The price in 2017 was above RM1.20, it is not just bad but very bad to get your money stuck since 2017 and till date still not making profit all this years.

chokra

75 posts

Posted by chokra > 2022-12-25 23:24 | Report Abuse

Loy Loy Cheong, I fully agree with you on this. Yes, MBSB's current share price is only 50% of what it was 5 years ago. Shareholders (large and small) should be very disappointed with the performance of MBSB. Yes, EPF's huge stake plus its top 10 shareholders makes it a very illiquid stock. Maybe its warrant stocks is also a big factor, the warrant issuers might be a big culprit in suppressing the stock price too. I just do not know how long more before MBSB is valued higher. MBSB never seems to be in the radar of big fund managers despite it becoming a fully fledged Islamic Bank. If the merger with MIDF goes through and the price still remains in the doldrums, then it will be a disaster for us shareholders. I consider it just bad luck to hold a stock with so much potentials but market forces just will not allow the stock price to appreciate.

Posted by Loy Loy Cheong > 2022-12-26 23:16 | Report Abuse

yes, very disappointed indeed especially for long term supporters whom are not even rewarded after all this years of giving their support to MBSB. I see this as a results of poor management, I have in the past dealt with some top management level people over some businesses and I was surprised with the people in that level with very poor business sense, they are marely there to take salary without much contribution to the company. The company have no problem, it is the people managing MBSB that ought to be sacked for not making returns for investors despite taking huge salaries and bonuses.

chokra

75 posts

Posted by chokra > 2022-12-27 11:55 | Report Abuse

Loy Loy Cheong, we can only pray that good sense will prevail and EPF realise this bunch of Top Level Managers in MBSB (including the Directors) will lead MBSB nowhere. EPF is also losing 50% of their money in MBSB since 2017. Perhaps EPF can bring in some good people from CIMB, RHB and Public Bank to manage MBSB. After all EPF is a substantial shareholder in these aforementioned banks.

M55555

1,098 posts

Posted by M55555 > 2022-12-30 10:05 | Report Abuse

Today last day of trading for 2022. Ini MBSB belum bagi apa-apa for 2022 ?

eklim65

176 posts

Posted by eklim65 > 2022-12-30 10:21 | Report Abuse

No dividend as well in 2022... Very saddddddddddddddddd....

Yippy68

1,690 posts

Posted by Yippy68 > 2022-12-31 07:51 | Report Abuse

wait for fourth quarter result, may be 24 Feb 23

alenac

2,655 posts

Posted by alenac > 2023-01-11 15:33 | Report Abuse

Yeah hopeful at least 4% divi?
Yippy68
wait for fourth quarter result, may be 24 Feb 23

Posted by undercutter > 2023-01-16 15:00 | Report Abuse

waiting for dividend.........

kllee

178 posts

Posted by kllee > 2023-01-16 18:26 | Report Abuse

Poor management if compare to other bank . They need 3rd party professional marketing strategy to explore more .
My 2 cent . still cheaper than Omega egg .

chokra

75 posts

Posted by chokra > 2023-01-16 19:10 | Report Abuse

Perhaps EPF after this merger with MIDF should dispose off a big potion of its holdings in MBSB to other banking parties so that MBSB can move in a different direction. This current Board cannot bring value to MBSB. Let there be fresh blood with a different approach. This is my hope.

alenac

2,655 posts

Posted by alenac > 2023-01-17 09:32 | Report Abuse

The problem is that the quality of clients is not on par with top banks in the country. So margin and risk exposures are high. Probably need to inject proactively new managerial staff & revamp the business focussing on high-value services.
Chokra
Perhaps EPF after this merger with MIDF should dispose off a big potion of its holdings in MBSB to other banking parties so that MBSB can move in a different direction. This current Board cannot bring value to MBSB. Let there be fresh blood with a different approach. This is my hope.

Posted by Michaelphlee > 2023-01-19 09:47 | Report Abuse

The deadline 5.1.2023 already passed. Why no announcement about the MIDF deal?

Posted by Loy Loy Cheong > 2023-01-20 10:36 | Report Abuse

Just 1 deal to make on MIDF takes 6 months and then another 6 months extension for negotiation just prove that Management is useless, more ever now is the deadline on announcement still no sound no picture. This Management team is a joke to their investors.

Posted by Loy Loy Cheong > 2023-01-20 10:38 | Report Abuse

The trading pattern is always the same...spike for 1 day and then 1 month of selling off....

Leesa688

25 posts

Posted by Leesa688 > 2023-01-20 15:14 | Report Abuse

Still no dividends for 1 year for a profit making bank. What is EPF doing?

Posted by Loy Loy Cheong > 2023-01-20 16:22 | Report Abuse

What value have they bring to the investors? No capital price appreciation, poor return of dividend...nothing. If that's the case, must well close shop and sell all assets, at least investors will take back RM1.20/share

chokra

75 posts

Posted by chokra > 2023-01-21 16:42 | Report Abuse

Loy Loy Cheong, you are absolutely right in your arguments. The fault lies with the EPF, their entire 68% in MBSB got devalued by 50% and they are not alarmed by the root cause. The root cause is an incompetent foolish management team in MBSB. If this happens in America, activists investors will pressure the CEO and his team to leave or they will try to take over and perhaps asset strip the company and return the money to investors. What is the use of running a bank with Rm58 billion capital if they have donkeys running it. They bought over Asian Finance Bank years ago to become a full fledge Islamic Bank but price of shares still deteriorated to 50 odd sen. I don't know why EPF seems to do nothing about the donkeys running this bank. As a shareholder, I am very frustrated.

speakup

27,051 posts

Posted by speakup > 2023-01-24 16:20 | Report Abuse

Sell and swap to cimb & ambank lor

Raul

255 posts

Posted by Raul > 2023-01-25 09:55 | Report Abuse

So who is the next chairman?

speakup

27,051 posts

Posted by speakup > 2023-01-25 14:45 | Report Abuse

if u wan fast money, sell mbsb to swap to muhibah
easy fast money in muhibah cos boss Mac in CNY goreng mood

Posted by esreview > 2023-01-31 09:42 | Report Abuse

Recently (Nov 22) MBSB included in the shariah list. Lets hope for islamic fund to come in soon. Only 2 listed Islamic bank so far.

https://www.sc.com.my/development/icm/shariah-compliant-securities/list-of-shariah-compliant-securities

speakup

27,051 posts

Posted by speakup > 2023-01-31 09:53 | Report Abuse

i know. the other one is Bimb

M55555

1,098 posts

Posted by M55555 > 2023-01-31 11:21 | Report Abuse

Kasi DIV baru cakap. 2022 apa habuk pun tarak

speakup

27,051 posts

Posted by speakup > 2023-01-31 11:56 | Report Abuse

if u like dividend, swap to sunreit.
sunreit 5.8% dividend menanti u

J22

1 posts

Posted by J22 > 2023-01-31 20:24 | Report Abuse

Dividends RM'000
31 December 2021:
- single-tier interim dividend of 3.0 sen
per ordinary share on 7,171,483,803 ordinary shares
declared on 17 December 2021
and paid on 12 January 2022
**215,145
31 December 2020:
- single-tier final dividend of 2.0 sen
per ordinary share on 6,975,388,546 ordinary shares
declared on 23 April 2021
and paid on 30 July 2021
**139,508
**-------
**354,653
**=======

speakup

27,051 posts

Posted by speakup > 2023-02-01 22:34 | Report Abuse

Chua Ma Yu swapped mbsb for rhb & ambank

M55555

1,098 posts

Posted by M55555 > 2023-02-03 10:15 | Report Abuse

Ini apa bank merger cakap can complete 1Q2023. Calculator run out of battery ke?

Posted by Loy Loy Cheong > 2023-02-03 11:01 | Report Abuse

When will MBSB going back to sub 1.00 level? will it ever? Some one will have to go bang on their table and get management to wake up.

M55555

1,098 posts

Posted by M55555 > 2023-02-03 22:39 | Report Abuse

Today trading volume 4440400. A sign of good to come

chkhooju

1,706 posts

Posted by chkhooju > 2023-02-04 07:57 | Report Abuse

Moving like a tortoise.

speakup

27,051 posts

Posted by speakup > 2023-02-04 10:18 | Report Abuse

@M55555, the chinese say 4 is bad number. so 4440400 is not a good sign

speakup

27,051 posts

Posted by speakup > 2023-02-04 10:45 | Report Abuse

guys, which is the worse bank in malaysia? Bimb or Mbsb?

speakup

27,051 posts

Posted by speakup > 2023-02-04 22:55 | Report Abuse

Bimb & Mbsb racing to the Worst Bank In Malaysia Award 2023
who will win?

Income

12,457 posts

Posted by Income > 2023-02-04 23:20 | Report Abuse

Mbsb boleh

speakup

27,051 posts

Posted by speakup > 2023-02-07 07:48 | Report Abuse

Bimb & Mbsb racing to the Worst Bank In Malaysia Award 2023
who will win ?

M55555

1,098 posts

Posted by M55555 > 2023-02-07 12:16 | Report Abuse

Others top banks red red today. MBSB green ok.. Don't play play

ruslimz

1,609 posts

Posted by ruslimz > 2023-02-10 19:06 | Report Abuse

waiting for BNM approval....

ruslimz

1,609 posts

Posted by ruslimz > 2023-02-10 19:06 | Report Abuse

due any time...

speakup

27,051 posts

Posted by speakup > 2023-02-12 14:45 | Report Abuse

what approval?

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