Posted by CharlesT > 2018-09-20 11:25 | Report Abuse

Or else after Ex date price will be adjusted to Rm1.10+ with 1.2OR

Posted by Vict > 2018-09-20 11:38 | Report Abuse

Amanahraya and PNB should buy more and more shares at such low price. Maybe, explore ways to privatise it now or later... Crazily undervalued now

Posted by Yael Jasper > 2018-09-20 11:40 | Report Abuse

Good profit, able to buy more nasi lemak already hehehe

Posted by CharlesT > 2018-09-20 11:50 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5915825
MNRB HOLDINGS BERHAD

EX-date 28 Sep 2018
Entitlement description RENOUNCEABLE RIGHTS ISSUE OF 447,445,870 NEW MNRB SHARES ON THE BASIS OF 7 RIGHTS SHARES FOR EVERY 5 EXISTING MNRB SHARES HELD BY OUR ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 2 OCTOBER 2018 AT AN ISSUE PRICE OF RM0.90 PER RIGHTS SHARE

Posted by Vict > 2018-09-20 12:02 | Report Abuse

Good to subscribe then... Rebound after the right issue... Maybank, is a good example

Posted by Vict > 2018-09-20 12:15 | Report Abuse

Those who have no money to subscribe , they can sell their rights.. for example, allianz, those who buy and subscribe, gained a lot last time. A great opportunity

Posted by firehawk > 2018-09-20 14:12 | Report Abuse

Grand offer again ... cheapest entry price lelong .....

Posted by jordanmaggie61 > 2018-09-20 14:17 | Report Abuse

Nice ! Start taking profit, thanks.

Posted by jordanmaggie61 > 2018-09-20 14:48 | Report Abuse

Good job ! keep rising....

Posted by firehawk > 2018-09-20 14:53 | Report Abuse

take profit?

Posted by nuke > 2018-09-20 15:54 | Report Abuse

Investors, please look up KLScreener headlines dated 23 Jul 2018 by Calvin for analysis.

Posted by nuke > 2018-09-20 15:58 | Report Abuse

"MANAGEMENT EXPENSES IS A WHOPPING RM315 MILLIONS

WOW!! THIS IS MORE THAN SAPNRG BOSS TOOK AT RM72 MILLIONS WHICH EPF PROTESTED!!!

6) RM315 MILLIONS IS MORE THAN THE REAL ESTATE ASSETS OF MNRB AT RM200 MILLLIONS.

AND ALMOST THE AMOUNT OF MNRB DEBTS AT RM320 MILLIONS"

Posted by nuke > 2018-09-20 16:01 | Report Abuse

Calvin adds:

"THIS IS A BIG BIG RED FLAG!!!

7) LOOK CAREFULLY ITS RECEIVABLES

Loans and receivables : Quoted From Annual Report 2017. Rm1,934,933,000 (2017) 2,060,905,000(2016)

Ha! This is the reason why no dividend,.

After One Year Receivables still about Rm2 BILLIONS?

By 1 year some should be classified as Bad Debts already!!"

Posted by TheContrarian > 2018-09-20 16:18 | Report Abuse

Note19(d) provides breakdown of the RM1.9 billion classified as Loans and Receivables where RM1.8 billion are fixed deposits placed with various banks. In the new accounting standards, fixed deposits exceeding 3 months are classified as Loans and Receivables. It's not possible for fixed deposits to turn into bad debts.

Posted by nuke > 2018-09-20 16:33 | Report Abuse

Thanks for your inputs, Victor and Contrarian.

Posted by nuke > 2018-09-20 16:33 | Report Abuse

:)

Posted by Cipta > 2018-09-20 16:57 | Report Abuse

The management is exploring the cancellation of par value by Bursa.

Posted by CharlesT > 2018-09-20 17:32 | Report Abuse

I doubt so...likely to see more selling pressure as some may not want to go thru the rights issues

Posted by shareinvestor88 > 2018-09-20 17:40 | Report Abuse

Sell n Run.... will go down more

Posted by TheContrarian > 2018-09-20 19:26 | Report Abuse

5% voted against the rights issue. These 5% shareholders might dump their shares.

Posted by TheContrarian > 2018-09-20 21:03 | Report Abuse

Yes, can sell the rights separately. Don't know why they are so desperate to sell.

Posted by TheContrarian > 2018-09-20 22:07 | Report Abuse

Probably margin call. Significant amount of shares were pledged and probably forced sold.

Posted by Cipta > 2018-09-20 23:40 | Report Abuse

If one short at RM1. 50 and cover his position at RM0. 90 in less than 30 days. Guess how well is the earnings and guess who is able to do that.

Posted by TheContrarian > 2018-09-21 00:03 | Report Abuse

If you short you have to buy back on the same day, otherwise you are penalize ten bids above last done price on T+3.

Posted by Cipta > 2018-09-21 06:30 | Report Abuse

It depends where you borrow the tickets from. In this case, you know where is the price heading to.

Posted by shareinvestor88 > 2018-09-21 09:23 | Report Abuse

Heading south ?

Posted by shareinvestor88 > 2018-09-21 09:36 | Report Abuse

Dear victor , meaning buy or sell ?

Posted by shareinvestor88 > 2018-09-21 09:39 | Report Abuse

As of now , u suggest keep or sell ?

Posted by shareinvestor88 > 2018-09-21 09:48 | Report Abuse

No dividend since 2014. even though profitable

Posted by jordanmaggie61 > 2018-09-21 09:50 | Report Abuse

Good news incoming, oh yeah !

Posted by Cipta > 2018-09-21 13:38 | Report Abuse

Now here got insider to push negative comments up and encourage retail to buy. Beware!!!

Posted by apolloang > 2018-09-21 20:17 | Report Abuse

now no money to pay ambank wait rights issue money for ambank repayment.what kinda company is this?

Posted by shareinvestor88 > 2018-09-21 21:58 | Report Abuse

apolloang , why need to pay

Posted by apolloang > 2018-09-21 23:29 | Report Abuse

http://www.theedgemarkets.com/article/mnrb-defers-repayment-rm320m-credit-facility
no 320 mil to pay ambank,so wait rights issue money to pay lo.what kinda company is this pocket kosong one ar?

Posted by davidkkw79 > 2018-09-21 23:34 | Report Abuse

The market now in Malaysia is lack of cash .....

Posted by apolloang > 2018-09-21 23:39 | Report Abuse

many no enough makan also ar,how to buy stocks? hahaha

Posted by hollandking > 2018-09-22 07:26 | Report Abuse

oklah, quickly raise money, quickly pay debt, is good to clear debt. U guys as shareholders meaning u r owners, u must pay your debt mah.

Posted by issac99289928 > 2018-09-22 07:33 | Report Abuse

http://www.theedgemarkets.com/article/mnrb-defers-repayment-rm320m-credit-facility

all the earnings and profits are fake?

Posted by issac99289928 > 2018-09-22 07:35 | Report Abuse

gap down next monday

Posted by chkhooju > 2018-09-22 08:29 | Report Abuse

Likely earnings inflated.

Posted by shareinvestor88 > 2018-09-22 08:42 | Report Abuse

Sell and run. Down next week. TP below 1

Posted by apolloang > 2018-09-22 10:46 | Report Abuse

bad news,mon gap down.rights issue at 90cts means wanna trap retailers.also bad is no free warrants

Posted by apolloang > 2018-09-22 10:49 | Report Abuse

this 320mil revolving credit news is bad news.i better skip this stock

Posted by shareinvestor88 > 2018-09-22 13:07 | Report Abuse

nothing to fear ?

Posted by shareinvestor88 > 2018-09-22 14:50 | Report Abuse

Why no dividend despite profit ?

Posted by apolloang > 2018-09-22 14:50 | Report Abuse

better skip this stock

Posted by smartag > 2018-09-22 16:19 | Report Abuse

I will buy below 1.40 for long term investment.

Posted by shareinvestor88 > 2018-09-23 09:02 | Report Abuse

below 1

Posted by Cipta > 2018-09-24 09:27 | Report Abuse

Sometimes you see gem in the stone, but the hill is controlled by warlord.

Posted by firehawk > 2018-09-24 10:12 | Report Abuse

Wah! very cheap again .... big discount offer again to buyers!