Hi all, I am new to stock trading. May I ask if it is advisable to invest in mbsb? I plan to invest rm30k. Appreciate the advice and thanks in advance!
Yes, if you refer to the PB, it is under value by about 35%, but it is traded at this price because PE is poor for this counter compared to the other banks. MBSB in my opinion has the poorest management amount banks and it is the main reason why it is constantly under perform. If you have holding power, just hold for its dividend until the management can turn it around and expand their profits, but it usually disappoints.
I am always consistent in criticizing MBSB management, I am always clear headed for my investments. If you are aware of the news lately, external market is turning cautious.
Good morning, there are still sensible discussions among forumers here. Let's keep it healthy. MBSB is different from other banks. The largest shareholders are EPF & PNB, which are GLCs. GLCs are hybrid companies that may prioritize social services instead of profits. So many times they failed to reach targeted profits. The impact of government intervention in MBSB.
Private entities should never be use as a subsidizing enterprise, the banks should work for investors and social subsidy should be the responsibilities of the gov. Gov intervention will leave a bad taste on the investors.
Say what you want to say but that is the reality. Just look at how screwed up government-owned entities like TH, Felda, LTAT, KWAP, and so on. Loy Loy Cheong Private entities should never be use as a subsidizing enterprise, the banks should work for investors and social subsidy should be the responsibilities of the gov. Gov intervention will leave a bad taste on the investors.
Before becoming an Islamic banking group in 2017, MBSB was mainly a property financier. This changed with the acquisition of Asian Finance Bank in 2017 as this propelled MBSB into Malaysia’s second-largest standalone Islamic Bank.
But as can be seen from the return charts, this also resulted in reducing its returns from both the ROE and ROA perspective. https://i.postimg.cc/7PJKkHq1/Chart-2.png Of course this was the combination of lower bottom line with more assets and equity. The point is that if you were a shareholder prior to the transformation, you got lower returns. This is not exactly exciting news. https://www.youtube.com/watch?v=oSrMmIKXv50
Before becoming an Islamic banking group in 2017, MBSB was mainly a property financier. This changed with the acquisition of Asian Finance Bank in 2017 as this propelled MBSB into Malaysia’s second-largest standalone Islamic Bank.
But as can be seen from the return charts, this also resulted in reducing its returns from both the ROE and ROA perspective. https://i.postimg.cc/7PJKkHq1/Chart-2.png Of course this was the combination of lower bottom line with more assets and equity. The point is that if you were a shareholder prior to the transformation, you got lower returns. This is not exactly exciting news. https://www.youtube.com/watch?v=oSrMmIKXv50
definitely there going to be dividend announced...last year profit after tax 460 million also give 8.5 sen , this year profit 490million plus , sure will give at least 8 sen
but this year got extra 1billion plus share due to PNB , so the cake has to be cut more portions this year...so if proportionate the profit against the increased number of shares , get 8 sen is consider good enough..but it may be between 5-8 sen maybe
Foreign investors continued to sell down Bursa Msia, fundamentally Bursa Msia should be able to absorb the current selling by some institutional buying, but if confident were shaken, retailers join in the movement, you could see FTSE Bursa correcting down to 1500 level. And like I say, others world major market is behaving very erratically, better watch on the side line, my humble advice.
Those who think it looks familiar it is actually not an illusion as most of us have seen it before and that time our number one man said nothing to worry about and the number two man also said no worry as Malaysia is different from Thailand or South Korea but when George Soros hit the panic button most of the Asian Dragons crashed like paper tiger and to add salt to the wound the number one man was fighting with number two man that time and this time the same history still repeated itself so those foreign hedge funds must be amazed by the fighting spirit of our senior ministers 😁
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....
ks55
3,614 posts
Posted by ks55 > 2024-03-16 23:06 | Report Abuse
I am not selling MBSB unless it reach 90 sen. What is that to sell if my cost is less than 50 sen ?