MNRB HOLDINGS BHD

KLSE (MYR): MNRB (6459)

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Last Price

2.20

Today's Change

-0.04 (1.79%)

Day's Change

2.19 - 2.24

Trading Volume

317,200


9 people like this.

3,936 comment(s). Last comment by StarOfTheBull 6 days ago

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-03-05 13:41 | Report Abuse

Added at 0.975 this morning.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-03-05 14:20 | Report Abuse

Really 67 company

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-05 16:51 | Report Abuse

go down 80sen better , I need more down to average my cost haha,
I just kidding

Ron90

4,118 posts

Posted by Ron90 > 2019-03-05 20:34 | Report Abuse

sell and move to Bunga Raya..cost almost the same ma.. the diff is, this one, downtrend and no potential in sight, the other one, uptrend and clear business model. Already sold-off everything last week. Maybe will look into this counter again, price below 95c kot.

Good123

26,432 posts

Posted by Good123 > 2019-03-06 09:40 | Report Abuse

recovering now after short selling had stopped, :)

hng33

20,488 posts

Posted by hng33 > 2019-03-06 10:29 | Report Abuse

sold back MNRB at 1.03

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-06 11:24 | Report Abuse

Posted by hng33 > Mar 4, 2019 03:33 PM | Report Abuse

bought back MNRB at 1.00




Posted by hng33 > Mar 6, 2019 10:29 AM | Report Abuse

sold back MNRB at 1.03




bought RM 1.00 .... sold RM 1.03 .... profit 3 cents

buying transaction fee is 0.4% ....so RM1.00 x 0.4% = 4 cents
selling transaction fee is 0.4% ...so RM1.03 x 0.4% = 4.1 cents

total transaction fee are 8.1 cents vs profit 3 cents




Hng33 moron are loss 5.1 cents !!!!


but he call it CUT WIN ...


kah kah kah kah ... idiot !!!

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-03-06 13:12 | Report Abuse

0.4% on RM1 is 0.4 sen not 4 sen.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-06 22:15 | Report Abuse

Waaaaaaaaa


Ya lorrrr

0.4 cents only ...
Total 0.8 cents



Profit 2.2 cents

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-06 22:18 | Report Abuse

Example buying RM1000 .... Transaction fee is 4 ringgit ..


Ada minimum charge per transaction kah ?

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-06 23:06 | Report Abuse

Buying @ 1.0



Day Average Price Units Brokerage Fee Clearing Fee Duty Stamp GST Total
5 $1.000 1000 $12.00 $0.3 $1.00 $0.74 $1,014.04
Total Cost $1,014.04

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-06 23:07 | Report Abuse

Selling @ 1.03



Avg. Price Units Brokerage Fee Clearing Fee Duty Stamp GST Total
$1.030 1000 $12.00 $0.31 $2.00 $0.74 $1,014.95
Profit / Loss $1,014.95

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-06 23:09 | Report Abuse

Net profit RM 0.91 !!!!!!


Kaw kaw punya ... Untung 9 kupang !!!!



Kah kah kah

Posted by williamyong8822 > 2019-03-07 07:09 | Report Abuse

according to cold eyes , the evaluation of the financials of an insurance company are based on trust.in other words , if you doubt the integrity of the top management ,stay away.

YKLIEW

157 posts

Posted by YKLIEW > 2019-03-10 17:13 | Report Abuse

Wahhh retarded imbecile KAQ4458 knows how to count meh?

Only knows how to count pennies!

Wakaka

YKLIEW

157 posts

Posted by YKLIEW > 2019-03-10 17:26 | Report Abuse

Hahahaha

Just heard that imbecile KAQ4458 is the product of a poor condom R & D.

KAKAKAH

No wonder he's a poor retarded imbecile.

I believe many are equally elated to know the origin of this bad mouthed, lunatic nincompoop and hope that you will try to understand him

Sob.. sob..

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-03-15 16:31 | Report Abuse

Go, go, go MNRB.

Posted by Sybastan > 2019-03-15 18:17 | Report Abuse

Grossly undervalued vs Takaful

Posted by 129055444514385 > 2019-03-19 10:09 | Report Abuse

those who subscribed to its right issues last year are still making losses............. as a national reinsurance company, the share price should rebound in stages................... mnrb should start paying dividend like last time.... :)

Posted by 129055444514385 > 2019-03-19 10:10 | Report Abuse

Investors are waiting for dividend like last time :)

18-Sep-2018 28-Sep-2018 RIGHTS_ISSUE Rights Issue 7 : 5 Dividend Detail
24-Oct-2016 03-Nov-2016 BONUS_ISSUE Bonus Issue 1 : 2 Dividend Detail
26-Aug-2014 26-Sep-2014 DIVIDEND First and Final Dividend 16.5% Dividend Detail
02-Sep-2013 26-Sep-2013 DIVIDEND First and Final Dividend 32% Dividend Detail
30-Aug-2012 02-Oct-2012 DIVIDEND First and Final Dividend 17% Dividend Detail
25-Aug-2011 30-Sep-2011 DIVIDEND First and Final Dividend 20% Dividend Detail
21-Nov-2008 05-Dec-2008 DIVIDEND Interim Dividend 10% Dividend Detail
29-Jul-2008 08-Sep-2008 DIVIDEND Final Dividend 15% Dividend Detail
18-Feb-2008 11-Mar-2008 DIVIDEND Second interim dividend 5% Dividend Detail
19-Nov-2007 06-Dec-2007 DIVIDEND Interim Dividend 20% Dividend Detail
10-Jul-2007 16-Aug-2007 DIVIDEND Final Dividend 26% Dividend Detail
13-Feb-2007 14-Mar-2007 DIVIDEND Second interim dividend 5% Dividend Detail
20-Nov-2006 06-Dec-2006 DIVIDEND Interim Dividend 15% Dividend Detail
07-Jul-2006 14-Aug-2006 DIVIDEND Final Dividend 20% Dividend Detail
20-Feb-2006 14-Mar-2006 DIVIDEND Second interim dividend 10% Dividend Detail
18-Nov-2005 06-Dec-2005 DIVIDEND Interim Dividend 10% Dividend Detail
11-Jul-2005 12-Aug-2005 DIVIDEND Final Dividend 10% Dividend Detail
22-Feb-2005 14-Mar-2005 DIVIDEND Second interim dividend 10% Dividend Detail
09-Nov-2004 07-Dec-2004 DIVIDEND Interim Dividend 10% Dividend Detail
05-Jul-2004 03-Aug-2004 DIVIDEND Final Dividend 10% Dividend Detail
26-Feb-2004 12-Mar-2004 DIVIDEND Second interim dividend 10% Dividend Detail
20-Nov-2003 10-Dec-2003 DIVIDEND Interim Dividend 10% Dividend Detail
14-Jul-2003 01-Aug-2003 DIVIDEND Final Dividend 15% Dividend Detail
22-Nov-2002 11-Dec-2002 DIVIDEND Interim Dividend 10% Dividend Detail
21-Aug-2002 20-Sep-2002 DIVIDEND Final Dividend 12% Dividend Detail

Posted by 129055444514385 > 2019-03-19 10:11 | Report Abuse

mnrb should start declaring dividend even though single digit unlike more than 10% in the past

solaris80

261 posts

Posted by solaris80 > 2019-04-03 01:22 | Report Abuse

Buy now

Posted by Marcus Chang > 2019-04-03 15:10 | Report Abuse

I am collecting from 0.98 until 1.03....

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-04-03 17:03 | Report Abuse

Lowest price I bought recently was 0.975. MNRB finally moving.

sostupid

447 posts

Posted by sostupid > 2019-04-03 17:04 | Report Abuse

I bought the stock and hold for 10 years and take a difficult decision to buy its right shares, after all that I did, I still lost 50% of my cost compared with the market price of rm1.05 right now. Is this my fault or is this MNRB's fault or is this PNB's fault. can anyone tell me?

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-04-03 19:27 | Report Abuse

Why for ten years you didn't sell? I never hold shares that long, the longest 3 years.

value_invest

1,152 posts

Posted by value_invest > 2019-04-15 09:22 | Report Abuse

MNRB is deeply under value as compare to Takaful which have been running up to RM5.25. Good time to accumulate more ..

Posted by 129055444514385 > 2019-04-23 16:56 | Report Abuse

with all the mega projects are returning one by one, grab some mnrb, reinsurance biz will pick up haha

Posted by 129055444514385 > 2019-04-23 16:58 | Report Abuse

time to buy..... mega projects need insurance, insurance companies will reinsure via mnrb in malaysia particularly as the national reinsurance company in malaysia


Recent Prices
Date Open Range Close Change Volume
22/04/2019 1.02 1.02 - 1.05 1.05 +0.03 (2.94%) 409,900
19/04/2019 1.02 1.01 - 1.02 1.02 +0.01 (0.99%) 147,000
18/04/2019 1.01 1.00 - 1.01 1.01 0.00 (0.00%) 660,600
17/04/2019 1.04 1.01 - 1.04 1.01 -0.03 (2.88%) 512,800
16/04/2019 1.04 1.02 - 1.04 1.04 +0.01 (0.97%) 300,600
15/04/2019 1.05 1.03 - 1.05 1.03 -0.01 (0.96%) 483,700
12/04/2019 1.04 1.04 - 1.06 1.04 -0.01 (0.95%) 305,500
11/04/2019 1.06 1.03 - 1.06 1.05 -0.01 (0.94%) 417,700
10/04/2019 1.05 1.05 - 1.08 1.06 0.00 (0.00%) 920,700
09/04/2019 1.07 1.05 - 1.09 1.06 +0.01 (0.95%) 1,430,000
08/04/2019 1.06 1.03 - 1.08 1.05 -0.01 (0.94%) 582,200
05/04/2019 1.08 1.06 - 1.08 1.06 -0.01 (0.93%) 210,300
04/04/2019 1.05 1.05 - 1.09 1.07 +0.02 (1.90%) 1,347,100
03/04/2019 1.03 1.02 - 1.06 1.05 +0.02 (1.94%) 984,700
02/04/2019 1.03 1.02 - 1.03 1.03 0.00 (0.00%) 764,400
01/04/2019 1.03 1.01 - 1.04 1.03 0.00 (0.00%) 504,800
29/03/2019 1.02 1.02 - 1.05 1.03 +0.01 (0.98%) 789,600
28/03/2019 1.00 0.995 - 1.02 1.02 +0.01 (0.99%) 844,500
27/03/2019 1.01 1.00 - 1.01 1.01 0.00 (0.00%) 384,900
26/03/2019 1.01 1.00 - 1.02 1.01 0.00 (0.00%) 492,300

Posted by 129055444514385 > 2019-04-23 17:02 | Report Abuse

The share price will recover with the announcement of its latest quarterly results soon....

MNRB Financial Information
Market Capital (RM)
: 790.06m
Number of Share
: 767.05m
EPS (cent)
: 8.46 *
P/E Ratio
: 12.17
ROE (%)
: 3.01
Dividend (cent)
: 0.000
Dividend Yield (%)
: 0.00
Dividend Policy (%)
: 40 Details
NTA (RM)
: 2.810
Par Value (RM)
: 1.000

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.



I want to see who dares to shortsell the shares again.

Bursa suspends MNRB's prop trading, short selling as price falls on weak results
Ahmad Naqib Idris
/
theedgemarkets.com

March 01, 2019 15:29 pm +08



-A+A
KUALA LUMPUR (March 1): Bursa Malaysia today suspended the proprietary day trading (PDT) and intraday short selling (IDSS) of MNRB Holdings Bhd's shares, as the counter breached its price limit after dropping as much as 21 sen or 16.9% to touch an intraday-low of RM1.03.

In a filing, Bursa Malaysia said the PDT and IDSS activities for the general reinsurer has been suspended for the rest of the day as the counter has dropped more than 15 sen or 15% from its reference price.

"The PDT and IDSS activities will only be enabled the following trading day, Monday, March 4, 2019 at 8.30am," it said.

Advertisement

Yesterday, MNRB announced that it had incurred a net loss of RM12.5 million in its third quarter ended Dec 31, 2018, compared to net profit of RM36.22 million a year earlier, while revenue retreated 2.6% to RM565.85 million from RM581.41 million.

For the first nine months of its financial year, net profit declined 67% to RM35.47 million from RM107.38 million, while revenue fell 9.3% to RM1.67 billion from RM1.84 billion due to lower gross premiums and contributions from both its reinsurance and takaful subsidiaries.

The weaker yearly profit was because its reinsurance business registered a 91.9% fall in segment profit to RM6.1 million from RM75.2 million, due to higher claims arising from several large losses incurred during the period.

Its takaful business also saw profit retreating to RM29 million from RM31.9 million due to lower wakalah fee received from takaful funds, and its revenue was affected by the non-renewal of some unprofitable business.

The weaker performance in these two segments could not be offset by the higher earnings in its investment holding (which doubled to RM23.1 million from RM10.5 million) and retakaful (a profit of RM2.2 million versus a loss of RM1 million previously) businesses.

On prospects for the remainder of FY19, the group said it does not expect to outperform its previous financial year's results.

At its last traded price of RM1.04 today, down 20 sen or 16.13% from yesterday, the group has a market capitalisation of RM797.73 million.

Posted by 129055444514385 > 2019-04-23 17:09 | Report Abuse

BAGUS,... JUST ROLL IT OVER HAHA

OTHERS ISSUANCE OF RM320 MILLION SUBORDINATED SUKUK MURABAHAH PURSUANT TO THE SUKUK PROGRAMME OF UP TO RM320 MILLION IN NOMINAL VALUE FOR THE ISSUANCE OF SENIOR AND/OR SUBORDINATED SUKUK MURABAHAH ("SUKUK MURABAHAH PROGRAMME")

MNRB HOLDINGS BERHAD


Type Announcement
Subject OTHERS

Description ISSUANCE OF RM320 MILLION SUBORDINATED SUKUK MURABAHAH PURSUANT TO THE SUKUK PROGRAMME OF UP TO RM320 MILLION IN NOMINAL VALUE FOR THE ISSUANCE OF SENIOR AND/OR SUBORDINATED SUKUK MURABAHAH ("SUKUK MURABAHAH PROGRAMME")




We refer to the earlier announcement by MNRB Holdings Berhad (“MNRB”) dated 25 January 2019 in relation to the lodgement and setting up of the Sukuk Murabahah Programme to the Securities Commission of Malaysia (the “SC”). AmInvestment Bank Berhad as the appointed Principal Adviser / Lead Arranger / Lead Manager of the Sukuk Murabahah Programme wishes to announce on behalf of the Board of Directors of MNRB that MNRB has today made its first and full issuance of a RM320 million subordinated Sukuk Murabahah (“Subordinated Sukuk Murabahah”).



The key terms of the Subordinated Sukuk Murabahah are as summarized below:



a) Issue size : RM320 million in nominal value
b) Tenor : 10 years but non-callable for the first 5-years
c) Profit rate : 5.20% per annum
d) Utilisation of proceeds : To fully redeem the RM320 million revolving credit facility obtained from AmBank (M) Berhad





This announcement is dated 22 March 2019.








Announcement Info

Company Name MNRB HOLDINGS BERHAD
Stock Name MNRB
Date Announced 22 Mar 2019
Category General Announcement for PLC
Reference Number GA1-20032019-00098

Posted by 129055444514385 > 2019-04-23 17:11 | Report Abuse

Its Q4 results will be out on or before 31 may 2019.... hold your breath... it will rebound beyond your expectation :)

Posted by 129055444514385 > 2019-04-24 07:33 | Report Abuse

Mnrb will be liked anorthee Astro , rebound after Q4 results next month..., right issue done, Sukuk rollover no issue, dividend policy 40% of net profit after tax..... dividend is expected as right issue done, profitable and dividend was announced previously, after the right issue, everything is back to normal

Good123

26,432 posts

Posted by Good123 > 2019-04-24 08:17 | Report Abuse

agreed to grab some , after Q4 results next month, very likely to rise crazily :)

PRICE IS VERY CHEAP
Date Close Volume
23/04/2019 1.02 402,200
22/04/2019 1.05 409,900
19/04/2019 1.02 147,000
18/04/2019 1.01 660,600
17/04/2019 1.01 512,800
16/04/2019 1.04 300,600
15/04/2019 1.03 483,700
12/04/2019 1.04 305,500
11/04/2019 1.05 417,700
10/04/2019 1.06 920,700
09/04/2019 1.06 1,430,000
08/04/2019 1.05 582,200
05/04/2019 1.06 210,300
04/04/2019 1.07 1,347,100
03/04/2019 1.05 984,700
02/04/2019 1.03 764,400
01/04/2019 1.03 504,800
29/03/2019 1.03 789,600
28/03/2019 1.02 844,500
27/03/2019 1.01 384,900

Good123

26,432 posts

Posted by Good123 > 2019-04-24 08:20 | Report Abuse

agreed... dividend policy will be back probably as soon as this year :) right issue & sukuk rollover all done successfully already.

24-Oct-2016 03-Nov-2016 BONUS_ISSUE Bonus Issue 1 : 2 Dividend Detail
26-Aug-2014 26-Sep-2014 DIVIDEND First and Final Dividend 16.5% Dividend Detail
02-Sep-2013 26-Sep-2013 DIVIDEND First and Final Dividend 32% Dividend Detail
30-Aug-2012 02-Oct-2012 DIVIDEND First and Final Dividend 17% Dividend Detail
25-Aug-2011 30-Sep-2011 DIVIDEND First and Final Dividend 20% Dividend Detail
21-Nov-2008 05-Dec-2008 DIVIDEND Interim Dividend 10% Dividend Detail
29-Jul-2008 08-Sep-2008 DIVIDEND Final Dividend 15% Dividend Detail
18-Feb-2008 11-Mar-2008 DIVIDEND Second interim dividend 5% Dividend Detail
19-Nov-2007 06-Dec-2007 DIVIDEND Interim Dividend 20% Dividend Detail
10-Jul-2007 16-Aug-2007 DIVIDEND Final Dividend 26% Dividend Detail
13-Feb-2007 14-Mar-2007 DIVIDEND Second interim dividend 5% Dividend Detail
20-Nov-2006 06-Dec-2006 DIVIDEND Interim Dividend 15% Dividend Detail
07-Jul-2006 14-Aug-2006 DIVIDEND Final Dividend 20% Dividend Detail
20-Feb-2006 14-Mar-2006 DIVIDEND Second interim dividend 10% Dividend Detail
18-Nov-2005 06-Dec-2005 DIVIDEND Interim Dividend 10% Dividend Detail
11-Jul-2005 12-Aug-2005 DIVIDEND Final Dividend 10% Dividend Detail
22-Feb-2005 14-Mar-2005 DIVIDEND Second interim dividend 10%

Good123

26,432 posts

Posted by Good123 > 2019-04-24 08:23 | Report Abuse

supported by high net assets per share too, rm2.8+

MNRB Financial Information
Market Capital (RM) 782.39m
Number of Share 767.05m
EPS (cent)* 8.46
P/E Ratio 12.06
ROE (%) 3.01
Dividend (cent)^ 0.000
Dividend Yield (%) 0.00
Dividend Policy (%) 40
NTA (RM) 2.810

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Good123

26,432 posts

Posted by Good123 > 2019-04-24 08:25 | Report Abuse

high dividend policy 40% of net profit after tax will return... a profitable company, right issue & sukuk rollover done... no capital issue anymore

MNRB Dividend History
FY Ex
Date Pay
Date Type Div
(Cent) Details
Mar14 26 Sep 2014 29 Oct 2014 First and Final 16.50 Malaysia Stock - Dividend
Mar13 26 Sep 2013 28 Oct 2013 First and Final 32.00 Malaysia Stock - Dividend
Mar12 02 Oct 2012 26 Oct 2012 First and Final 17.00 Malaysia Stock - Dividend
Mar11 30 Sep 2011 19 Oct 2011 First and Final 20.00 Malaysia Stock - Dividend

Good123

26,432 posts

Posted by Good123 > 2019-04-24 08:26 | Report Abuse

after a successful right issue, maybe, second bonus will come next too :)

MNRB Bonus/Right Issue History
Date Ex
Date Transfer
Date Type Ratio Details
18 Sep 2018 28 Sep 2018 02 Oct 2018 Rights Issue 7 : 5 Malaysia Stock - Bonus/Rights Issue
24 Oct 2016 03 Nov 2016 07 Nov 2016 Bonus Issue 1 : 2 Malaysia Stock - Bonus/Rights Issue

Good123

26,432 posts

Posted by Good123 > 2019-04-24 08:29 | Report Abuse

fully subscribed by giant without issue haha

MNRB Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
31 Oct 2018 Acquired
59,824,700 Permodalan Nasional Berhad
31 Oct 2018 Acquired
59,824,700 Yayasan Pelaburan Bumiputra
31 Oct 2018 Acquired
198,715,100 Amanahraya Trustees Berhad - Amanah Saham Bumiputera

Posted by 129055444514385 > 2019-04-24 08:45 | Report Abuse

i believe this stock has the potential to rebound strongly and be above 1.50 later this year ...fingers crossed

Posted by 129055444514385 > 2019-04-24 08:48 | Report Abuse

The only one in Malaysia :)

Business Background
MNRB Holdings Bhd is a reinsurance provider as per the retakaful and takaful system according to the sharia law. It provides reinsurance services in the areas of fire, marine, motor, miscellaneous, and family retakaful. The company is also engaged in investment holding business and mainly operates in Malaysia and United Arab Emirates.

Posted by 129055444514385 > 2019-04-24 08:52 | Report Abuse

while MNRB Holdings Bhd and Chemical Company of Malaysia Bhd (CCM) are performing better. It is coming :) With Zeti heading PNB, the only way for MNRB is to get better and better... fingers crossed

KUALA LUMPUR: Permodalan Nasional Bhd (PNB), which saw a 6.8% in asset under management (AUM) to RM295.2 billion as at Nov 30, 2018, recorded proforma net income of RM15.30 billion for the first 11 months of 2018.

PNB chairman Tan Sri Zeti Aziz said at a media briefing that the strategy forward is to embark on a more robust risk management and assess investments activities taken on a case-by-case basis against the backdrop of a challenging environment due to moderate gross domestic product growth both domestically and internationally.

She noted that it is crucial to have a diverse portfolio ranging from fixed income, equity, financial and real estate, to spread the investment risk.

“We are also looking at investments with recurring income,” she added.

On paring down stakes in strategic and core companies, Zeti said assessments will be made based on the outlook of the industry and the potential of these companies being restructured with organisational transformation.

She said divestments could potentially be made in parts rather than a blanket one.

https://www.thesundaily.my/business/pnb-s-aum-up-6-8-net-income-at-rm15-3b-for-first-11-months-AB298323

Posted by 129055444514385 > 2019-04-24 08:54 | Report Abuse

lowest price 84.5sen, highest price rm2.57, average price = rm1.71 :)

Market Cap: 782 Million
NOSH: 767 Million
Avg Volume (4 weeks): 620,160
4 Weeks Range: 0.995 - 1.09
4 Weeks Price Volatility (%):
93.58%
52 Weeks Range: 0.845 - 2.57
52 Weeks Price Volatility (%):
39.69%
Average Price Target: 4.44
Price Target Upside/Downside: +3.42

Posted by 129055444514385 > 2019-04-24 09:10 | Report Abuse

:)

Malaysian Re
From Wikipedia, the free encyclopedia
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Malaysian Reinsurance Berhad
Malaysian Re logo.png
Industry
Reinsurance
Retakaful
Founded 1973; 46 years ago
Headquarters Bangunan Malaysian Re
17 Lorong Dungun, Kuala Lumpur, Malaysia
Key people
Sharkawi Alis (Chairman)
Zainudin Ishak (President & CEO)
Revenue Decrease RM1,327 million (2017)[1]
Net income
Increase RM82 million (2017)[1]
Total assets Increase RM3,434 million (2017)[1]
Total equity Increase RM1,233 million (2017)[1]
Parent
MNRB Holdings Berhad (100%)[1]
Permodalan Nasional Berhad (Ultimate Parent)[1]
Subsidiaries
Labuan Re (20%)
Website www.malaysian-re.com.my
Malaysian Reinsurance Berhad (known as Malaysian Re) is a Malaysian reinsurance company. It is Malaysia's largest reinsurer, commanding more than 50% of reinsurance accepted premium in the country.[2] In the ASEAN market, Malaysian Re is currently the biggest national reinsurer in terms of market presence as well as gross premiums.[3] The company also has a strong market presence in Asia and the Middle East.

Malaysian Re is a wholly owned subsidiary of MNRB Holdings Berhad which is listed on the Main Market of Bursa Malaysia Securities Berhad. MNRB's other subsidiaries include Takaful Ikhlas and Malaysian Re (Dubai) Ltd which serves Malaysian Re's Middle East market.[4] MNRB is one of strategic companies under the portfolio of Malaysia's sovereign wealth fund, Permodalan Nasional Berhad (PNB).[4]

In 2015, Malaysian Re received approval from Bank Negara Malaysia to conduct family and general retakaful business.[5]

Malaysian Re's Insurer Financial Strength (IFS) Rating and outlook of 'A-/Stable' was affirmed by Fitch in Feb 2017.[6]

Posted by 129055444514385 > 2019-04-24 09:21 | Report Abuse

RM2.57 on 24 May 2018, now RM1.03 ? hahaha

Posted by 129055444514385 > 2019-04-24 09:25 | Report Abuse

Q4, mnrb will perform well like last year, profit is expected to rebound strongly.... wait till next month hahaha

Wednesday, 30 May 2018

5:44PM MNRB OTHERS

5:07PM MNRB Financial year end net profit 136.787 million (increased 92.20%)

Posted by 129055444514385 > 2019-04-24 09:27 | Report Abuse

The price was affected by Q3 results, next month, Q4 will be out.... surely it will rebound.... hold your breath...


Wednesday, 30 May 2018 (Last Year)

5:44PM MNRB OTHERS

5:07PM MNRB Financial year end net profit 136.787 million (increased 92.20%)


Thursday, 28 Feb 2019

6:11PM MNRB Nine-month net profit 35.472 million (decreased 66.97%)

value_invest

1,152 posts

Posted by value_invest > 2019-04-24 10:27 | Report Abuse

It is undervalue stock as compared to Takaful... The RI last year was BNM's requirement for MNRB to recapitalise its Life and General takaful business. Moving forwards, results will be improving..

Posted by 129055444514385 > 2019-04-24 10:35 | Report Abuse

Very undervalued compared to takaful.... it will be catching up fast after Q4 result is released next month... be patient :)


TAKAFUL Financial Information
Market Capital (RM)
: 4.622b
Number of Share
: 826.79m
EPS (cent)
: 35.67 *
P/E Ratio
: 15.67
ROE (%)
: 29.97
Dividend (cent)
: 15.000 ^
Dividend Yield (%)
: 2.68
Dividend Policy (%)
: 0
NTA (RM)
: 1.190
Par Value (RM)
: 0.200

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2018-12-31.

MNRB Financial Information
Market Capital (RM)
: 790.06m
Number of Share
: 767.05m
EPS (cent)
: 8.46 *
P/E Ratio
: 12.17
ROE (%)
: 3.01
Dividend (cent)
: 0.000
Dividend Yield (%)
: 0.00
Dividend Policy (%)
: 40 Details
NTA (RM)
: 2.810
Par Value (RM)
: 1.000

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

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