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.
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>>>
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) :-(
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.
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.
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
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.
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.
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, 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?
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>>>>
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....
why_no_dividend
164 posts
Posted by why_no_dividend > 2018-10-07 12:25 | Report Abuse
Dividend when ? How much? Red chip is it?