MNRB HOLDINGS BHD

KLSE (MYR): MNRB (6459)

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Last Price

2.20

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

3,936 comment(s). Last comment by StarOfTheBull 1 week ago

Posted by why_no_dividend > 2018-10-07 12:25 | Report Abuse

Dividend when ? How much? Red chip is it?

cheoky

2,823 posts

Posted by cheoky > 2018-10-07 18:51 | Report Abuse

market cap 836mil or 351mil oh??

cheoky

2,823 posts

Posted by cheoky > 2018-10-07 18:53 | Report Abuse

vs nta rm1400mil.

Ron90

4,118 posts

Posted by Ron90 > 2018-10-08 08:33 | Report Abuse

as the only takaful reinsurance company, the more takaful insurance generated by other insurance companies, the more la this mnrb got in premium. Only sad thing, price drop like hell..huhu.

Cipta

1,046 posts

Posted by Cipta > 2018-10-08 10:40 | Report Abuse

Insurance co sell high risk deal to reinsurance. Safe bet will also keep by insurance co themselves.

Posted by kruxyz chi > 2018-10-09 12:44 | Report Abuse

value trap?

value_invest

1,152 posts

Posted by value_invest > 2018-10-09 15:38 | Report Abuse

It is a very good value stock to buy at this market.. GOOD dividend moving forward....

value_invest

1,152 posts

Posted by value_invest > 2018-10-09 15:42 | Report Abuse

Recession proof stock.... It is very rare u can buy the stock at this level,,, The Whole RI is to meet the new regulatory requirements... ACCUMULATING>>>

Cipta

1,046 posts

Posted by Cipta > 2018-10-09 16:36 | Report Abuse

Ask The Value investors who said the same 5 years ago do they feel con by this RI

Cipta

1,046 posts

Posted by Cipta > 2018-10-09 16:54 | Report Abuse

Ask those Value Investors who said the same 5 years ago: what is their return for being royal over 5 years. do they feel con by the RI?

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-10-09 17:07 | Report Abuse

Cipta, you been holding for five years?

firehawk

4,782 posts

Posted by firehawk > 2018-10-09 22:13 | Report Abuse

actually no need to hold any share, from the chart is alrdy know, those hold for 5years, 4, 3, 2,1 year ...... all are in loss now (some could be in significant loss) :-(

apolloang

18,163 posts

Posted by apolloang > 2018-10-09 22:15 | Report Abuse

sp setia rights 2.65 now only 2.42.mbsb another glc stock below 1.00,why mnrb no follow?

Cipta

1,046 posts

Posted by Cipta > 2018-10-09 23:11 | Report Abuse

Contrarian, someone pretending he is value investor said it is a value buy and fat dividend is coming, it is good stock, bla bla bla.. One of the indicator of whether a stock value buy or value trap is look its return over 5 years like what we see in unit trust portfolio. Only mid to long term investor mind whether the management of a company really appreciate loyalty of the share holders or not. Those short term players/shark just want to goreng n sell his share to naive investor or trying to gain the gap of up down of price.

Ron90

4,118 posts

Posted by Ron90 > 2018-10-10 00:45 | Report Abuse

are u saying that all previous RI gave negative return to investors??...better on fact than based it on wild assumption.

CharlesT

14,945 posts

Posted by CharlesT > 2024-03-24 02:25 | Report Abuse

MBSB rights issue at 0.59 in 2016, highest touched Rm1.30+ n now RM1.00

apolloang

18,163 posts

Posted by apolloang > 2018-10-10 08:56 | Report Abuse

mbsb when rights issue listed is below 0.70cts then slowly picking up

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 09:20 | Report Abuse

Yeap. Those who went thru the rights issue made money

Posted by Nicholasming91 > 2018-10-10 09:33 | Report Abuse

It will go to 2.00

Cipta

1,046 posts

Posted by Cipta > 2018-10-10 09:56 | Report Abuse

MBSB RI price in 2016 is RM1.00. after 2 years plus, it is RM1.00. In between you got Rm0.08 cents.

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 09:58 | Report Abuse

Rm0.59 coz the co paid 0.41 fm their reserves

Cipta

1,046 posts

Posted by Cipta > 2018-10-10 10:27 | Report Abuse

Yes I know but you can not say the RI price is Rm0.59 because you entitled a 41 cents "bonus issue" . Look, it is before Companies Act 2016 cancel the par value so the RI price must not below RM1.00 of its par value. If the par value still presence, MNRB RI must not lower than RM1.00.

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 10:36 | Report Abuse

Not interested to argue with u on this. The fact is u paid RN0.59 for the rights issues and price since then went to as high as Rm1.30+ n now is ard Rm1.00..

So whoever went thru the rights issue made good profit

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 10:39 | Report Abuse

Cipta MBSB RI price in 2016 is RM1.00. after 2 years plus, it is RM1.00. In between you got Rm0.08 cents.
10/10/2018 09:56

Yr above statement leaves a wrong impression that those went thru the rights issues only made RM0.08 cents (div?) for holding MBSB 2 years+

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 10:40 | Report Abuse

In actual fact, they made ard 40%+ to 90%+ if they bought OR and subscribed so

Beza

1,847 posts

Posted by Beza > 2018-10-10 11:20 | Report Abuse

Don't argue, it will eventually go down to 0.90 so that no money made. Now it is 1.05./1.06.

Cipta

1,046 posts

Posted by Cipta > 2018-10-10 11:30 | Report Abuse

If one sold MBSB at the first day of listing of RI on 29 Jul 2016 at highest price at RM0.71 with the same entry cost of RM1.33 as above example. He make a loss of RM0.50.

Cipta

1,046 posts

Posted by Cipta > 2018-10-10 11:33 | Report Abuse

iF one own a MBSB before 14 Mar 2016, the opening share price on the announcement is RM1.33.
Let's say he subscribe the RI and paid only RM0.59. The total cost for two shares is RM1.92 or Rm0.96 per share. For today RM1.00 price, after two years, the paper gain is RM0.04 plus dividend of RM0.080. From June 2016 to Oct 2018, the ROI is 5.18% compound return.

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 11:36 | Report Abuse

Cipta iF one own a MBSB before 14 Mar 2016, the opening share price on the announcement is RM1.33.
Let's say he subscribe the RI and paid only RM0.59. The total cost for two shares is RM1.92 or Rm0.96 per share. For today RM1.00 price, after two years, the paper gain is RM0.04 plus dividend of RM0.080. From June 2016 to Oct 2018, the ROI is 5.18% compound return.
10/10/2018 11:33

It depends very much on the timing..if u bought MBSB at high price (say Rm2+) in 2015 u r still suffering huge paper loss now

Just like if u bought MNRB before ex 28 Sep yr cost is 1.17+ (assuming u subscribed the rights issues)

If u bought MNRB before they annouced the rights issues in July 2018 yr cost was RM1.70+

Whether u can make money or not depends on yr entry cost very much

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 11:37 | Report Abuse

My cost of MNRB is RM1.06 and its 10% discount if i bought just before ex 28 Sep...

Or 60%+ if i bought just before they annouced rights issues in July...

It's all maths calculations

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 11:39 | Report Abuse

The important thing is know the co n yr gameplan...try to buy at lowest and sell highest possible (lol..talk cock is easy)

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 11:42 | Report Abuse

My bet is simple...cost Rm1.06 and hold for 6M to 12M.

Cipta

1,046 posts

Posted by Cipta > 2018-10-10 12:20 | Report Abuse

CharlesT, from the MBSB experience, share price will drop lower than RI price for the 1st 6 months, why you buy MNRB before the listing of RI this round?

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 12:34 | Report Abuse

Mbsb never drop below the actual issue price of 0.59...OR was ard 0.10+ if i m not mistaken

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-10 12:37 | Report Abuse

Those bought mbsb or fm the mkt n susbcribed so had cost of ard 0 70+ only

Dont compare with those who bought b4 ex...their cost was much higher

Posted by shareinvestor88 > 2018-10-10 23:03 | Report Abuse

sell tp 50c

Posted by Nicholasming91 > 2018-10-11 09:29 | Report Abuse

Still standing strong

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-11 09:49 | Report Abuse

Very safe stock during this moment

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-11 09:50 | Report Abuse

Holding my position now. Wait for end Oct upon listing of 1.4 times new shares

Will buy if drops further

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-11 09:54 | Report Abuse

shareinvestor88 sell tp 50c
10/10/2018 23:03

Dont scare people lah...worst comes to worst 0.90+ I think...today well supported at Rm1.00

C how US mkt goes

hollandking

3,694 posts

Posted by hollandking > 2018-10-11 10:02 | Report Abuse

better looked at calvin's analysis

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-11 10:20 | Report Abuse

Calvin's analysis on MNRB tak boleh pakai langsung...worse than his analysis on MPCORP...

Posted by Nicholasming91 > 2018-10-11 10:21 | Report Abuse

Very stable.

value_invest

1,152 posts

Posted by value_invest > 2018-10-11 11:14 | Report Abuse

Very good stock to accumulate now.... Do your own research, u can see the value and good dividend moving forwards...

value_invest

1,152 posts

Posted by value_invest > 2018-10-11 11:17 | Report Abuse

Financial stocks are highly regulated by BNM,,, The RI is to meet the requirement by BNM, thereafter, u can see the profit coming in.... I can expect huge return for this entry price... ACCUMULATING>>>>

hollandking

3,694 posts

Posted by hollandking > 2018-10-11 14:17 | Report Abuse

nope, i've looked at his analysis

Posted by Nicholasming91 > 2018-10-11 15:06 | Report Abuse

Not scary lol wont happen this year

CharlesT

14,945 posts

Posted by CharlesT > 2018-10-11 15:16 | Report Abuse

hollandking nope, i've looked at his analysis

Firstly, dont know how he got the management expenses of RM315M...

Posted by Nicholasming91 > 2018-10-12 15:13 | Report Abuse

Good

alantan

59 posts

Posted by alantan > 2018-10-12 15:36 | Report Abuse

He's Dr.Neoh from Dynaquest?

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