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

Posted by 129055444514385 > 2019-04-24 10:36 | Report Abuse

very clear dividend policy too


ENTITLEMENT NEWS
COMPANY NAME MNRB HOLDINGS BERHAD
STOCK CODE/SHORT NAME MNRB/6459
ANNOUNCEMENT DATE 30 May 2008
SUBJECT Dividend Policy Announcement

REMARKS
The Board of Directors of MNRB Holdings Berhad ("MNRB") is pleased to inform that MNRB has adopted a dividend policy as follows: "The Company will pay the Shareholders a consistent gross yearly dividend of between 40% to 75% of its net profit for that financial year subject to various factors including availability of cash reserves, maintaining acceptable level of gearing, return on equity and retained earnings, and other requirement to retain cash for future expansion and/or investments." This announcement is dated 30 May 2008

unorthodox

180 posts

Posted by unorthodox > 2019-04-24 10:39 | Report Abuse

@129xxxxxx385, you try too hard promoting this stock! Hehehehe

Posted by Marcus Chang > 2019-04-24 11:28 | Report Abuse

already few years no dividend, this round AGM, need to bomb management, n ask them resign n take responsibility on bad performance.

Posted by 129055444514385 > 2019-04-24 15:10 | Report Abuse

grab earlier before halal funds masuk sapu bersih haha

Posted by 129055444514385 > 2019-04-24 15:11 | Report Abuse

RM1.04 sungguh murah.... harga akan naik selepas Q4 results keluar bulan depan .... haha

Posted by 129055444514385 > 2019-04-24 15:12 | Report Abuse

this stock is also very suitable for foreign halal funds especially from the middle east.... :)

Posted by 129055444514385 > 2019-04-24 15:14 | Report Abuse

Once institutional funds e.g. EPF, KWAP, etc masuk dan beli from the open market.... naik terus... pending analyst buy call after Q4 results .... sabar jer

Posted by 129055444514385 > 2019-04-24 15:15 | Report Abuse

MNRB is a hidden gem like takaful bhd

Posted by 129055444514385 > 2019-04-24 15:20 | Report Abuse

Q4 results in 2017 & 2018 were very profitable.... dont sell... wait till Q4 results dah keluar in May 2019 :)

Financial Year: 31-Mar-2018('000)
30-May-2018 31-Mar-2018 636,706 37,036 29,406 29,406 4.62% 1.92% 9.20 0.00 4.7900 -18.82% 15.62%
28-Feb-2018 31-Dec-2017 580,140 57,315 36,224 36,224 6.24% 2.40% 11.30 0.00 4.7300 74.83% 396.83%
27-Nov-2017 30-Sep-2017 651,418 27,568 20,719 20,719 3.18% 1.40% 6.50 0.00 4.6400 -58.92% 176.29%
23-Aug-2017 30-Jun-2017 605,574 66,842 50,439 50,439 8.33% 3.44% 15.80 0.00 4.5900 98.31% 62.99%

Financial Year: 31-Mar-2017('000)
30-May-2017 31-Mar-2017 713,492 35,831 25,434 25,434 3.56% 2.22% 9.90 0.00 4.4400 248.84% 801.43%
27-Feb-2017 31-Dec-2016 594,728 15,518 7,291 7,291 1.23% 0.71% 3.10 0.00 4.3200 -2.77% 1,609.52%
23-Nov-2016 30-Sep-2016 617,844 11,569 7,499 7,499 1.21% 0.54% 3.50 0.00 6.5100 -75.77% 110.33%
24-Aug-2016 30-Jun-2016 605,732 36,009 30,946 30,946 5.11% 2.26% 14.50 0.00 6.4100 953.45% -18.64%

value_invest

1,152 posts

Posted by value_invest > 2019-04-26 09:18 | Report Abuse

MNRB's financial & fundamental and the operation have improved substantially with RI and capitalization last year, expecting better financial ahead.

Malaysia takaful business is still has great potential by looking at Takaful's great QR result and takaful stock hit RM6+ today..

MNRB is lagging and deeply undervalued, it will be catching up very soon, expecting good result ahead. Good time to accumulate....

leek

3,617 posts

Posted by leek > 2019-04-29 16:41 | Report Abuse

HARI RAYA COMING... BUY PNB COUNTERS FOR FREE DUIT RAYA!!! =D

firehawk

4,782 posts

Posted by firehawk > 2019-05-03 16:02 | Report Abuse

u all didn't buy ah? want to become penny stock loh!

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-10 15:01 | Report Abuse

Bought at 97 sen.

firehawk

4,782 posts

Posted by firehawk > 2019-05-12 05:57 | Report Abuse

If price drifts lower, can just delete the post stating buy-in at higher price and replace with a new posting buy-in at lowest price.

Ron90

4,118 posts

Posted by Ron90 > 2019-05-12 06:08 | Report Abuse

this guy must have been caught big time at MNRB counter, that's why promoting like no tomorrow and spreading fake info

chkhooju

1,706 posts

Posted by chkhooju > 2019-05-12 10:47 | Report Abuse

Luckily I immediately disposed off everything when right issue was announced. Managed to get off the bus at 2.19. Lost six cents per share.

chkhooju

1,706 posts

Posted by chkhooju > 2019-05-12 10:48 | Report Abuse

I, for one never like right issue.

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-13 13:25 | Report Abuse

Added at 0.95 this morning.

solaris80

261 posts

Posted by solaris80 > 2019-05-16 15:47 | Report Abuse

Keep in the watchlist..turnaround company

Good123

26,432 posts

Posted by Good123 > 2019-05-16 16:21 | Report Abuse

“A showcase of all PNB’s strategic companies also allows the public to see the strength of the companies that they invest in through their unit trust holdings with Amanah Saham Nasional Bhd, such as Amanah Saham Bumiputera and Amanah Saham Malaysia,” he said during his opening speech.

“We hope that through this effort, unitholders and the society at large will gain [from an] enhanced awareness of the correlation between risks and returns.”

MSAM 2019’s corporate partners are Malayan Banking Bhd, Sime Darby Plantation Bhd, S P Setia Bhd and UMW Holdings Bhd in the “Rakan Premier” category.

Sime Darby Bhd, Projek Lintasan Kota Holdings Sdn Bhd, MNRB Holdings Bhd, Takaful Ikhlas Bhd, MIDF Bhd, Sime Darby Property Bhd, Perodua and Heitech Padu Bhd are partners in the “Rakan Utama” category, while Duopharma Biotech Bhd, Velesto Energy Bhd and CCM Bhd in the “Rakan” category.

First held in 2000 by PNB, the annual MSAM has attracted 3.8 million visitors to date.

Good123

26,432 posts

Posted by Good123 > 2019-05-16 16:23 | Report Abuse

replay haha

MNRB Holdings crossed the RM0.955 level in its latest session. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM1.08. Meanwhile, it may continue moving sideways if it falls back below the RM0.955 mark in the near term. In this case, the immediate support is anticipated at RM0.90, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM0.955

Target: RM1.08 (time frame: 3-6 weeks)

Exit: RM0.90

Source: AmInvest Research - 14 Jan 2019

Good123

26,432 posts

Posted by Good123 > 2019-05-16 16:26 | Report Abuse

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.

Good123

26,432 posts

Posted by Good123 > 2019-05-16 16:27 | Report Abuse

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 > 2019-05-17 08:48 | Report Abuse

Mnrb, dark horse this year... mega projects revival... insurance is a must... insurance companies will use mnrb for reinsurance purposes... cannot telan semua Risiko haha

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-17 10:01 | Report Abuse

Last Budget it was announced that income tax rate for reinsurance business be reduced from 24% to 8% effective from 2019. This ought to be reflected in the coming QR.

Posted by 129055444514385 > 2019-05-17 11:09 | Report Abuse

Higher than rm1 after the quarterly result is out later this month :)

Posted by 129055444514385 > 2019-05-17 11:11 | Report Abuse

Greatly undervalued

4 Weeks Range: 0.95 - 1.05
52 Weeks Range: 0.845 - 2.57
Average Price Target: 4.44
Price Target Upside/Downside: +3.475

Posted by 129055444514385 > 2019-05-17 11:12 | Report Abuse

Bonus issue this year ? :)

Announcement Date Subject Type
18/09/2018 Rights Issue RIGHTS ISSUE
24/10/2016 Bonus Issue BONUS ISSUE

Posted by 129055444514385 > 2019-05-17 12:22 | Report Abuse

70%+ OF MNRB IS OWNED BY INSTITUTIONAL FUNDS :)

PNB:
No of Shares Held After Changes:
Direct : 100,556,000 shares (13.1090%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 100,556,000 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
Submitted By:
02/11/2018 07:00 AM

YAYASAN PELABURAN BUMIPUTRA:
No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 100,556,000 shares (13.1090%)
Total : 100,556,000 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
Submitted By:
02/11/2018 07:00 AM

AMANAH SAHAM BUMIPUTRA:
No of Shares Held After Changes:
Direct : 334,215,100 shares (43.5710%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 334,215,100 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
Submitted By:
02/11/2018 07:00 AM

solaris80

261 posts

Posted by solaris80 > 2019-05-17 15:50 | Report Abuse

good to hold for next two quarters

Posted by 129055444514385 > 2019-05-21 16:23 | Report Abuse

expecting a big jump in profit to be reported for the Q4 this month..grab some :)

Thursday, 28 Feb 2019

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

Posted by 129055444514385 > 2019-05-21 16:24 | Report Abuse

Oversold.... reinsurance is liked a monopoly biz for MNRB :)

Date Open Range Close Change Volume
17/05/2019 0.96 0.96 - 0.97 0.965 0.00 (0.00%) 15,800
16/05/2019 0.96 0.955 - 0.965 0.965 0.00 (0.00%) 248,900
15/05/2019 0.96 0.96 - 0.965 0.965 +0.01 (1.05%) 107,000
14/05/2019 0.96 0.95 - 0.96 0.955 0.00 (0.00%) 105,300
13/05/2019 0.965 0.95 - 0.965 0.955 -0.015 (1.55%) 571,300
10/05/2019 0.965 0.965 - 0.98 0.97 0.00 (0.00%) 286,100
09/05/2019 0.98 0.96 - 0.98 0.97 -0.005 (0.51%) 720,100
08/05/2019 0.985 0.975 - 0.985 0.975 -0.015 (1.52%) 447,300
07/05/2019 1.00 0.975 - 1.00 0.99 -0.005 (0.50%) 965,300
06/05/2019 1.01 0.98 - 1.01 0.995 -0.015 (1.49%) 927,300
03/05/2019 1.02 1.00 - 1.03 1.01 -0.01 (0.98%) 1,167,400
02/05/2019 1.02 1.02 - 1.03 1.02 0.00 (0.00%) 146,000
30/04/2019 1.03 1.02 - 1.03 1.02 -0.01 (0.97%) 595,800
29/04/2019 1.03 1.02 - 1.03 1.03 0.00 (0.00%) 552,300
26/04/2019 1.03 1.03 - 1.04 1.03 0.00 (0.00%) 587,900
25/04/2019 1.03 1.03 - 1.04 1.03 -0.01 (0.96%) 434,200
24/04/2019 1.03 1.02 - 1.04 1.04 +0.02 (1.96%) 516,300
23/04/2019 1.03 1.02 - 1.03 1.02 -0.03 (2.86%) 402,200

Posted by 129055444514385 > 2019-05-21 16:29 | Report Abuse

Dividend will the norm again soon.... need to pay the institutional funds... haha




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 > 2019-05-23 11:08 | Report Abuse

expecting a big jump after reporting a profitable quarter this month...

Posted by 129055444514385 > 2019-05-23 11:11 | Report Abuse

Q4 to released this month.... if +, the share price will rise a lot :p

Q1 profit 28mil+
Q2 23mil+
Q3 -12mil+
Q4 ?




Financial Year: 31-Mar-2019
28-Feb-2019 31-Dec-2018 565,848 -23,458 -12,504 -12,504 -2.21% -1.12% -3.20 0.00 2.8100 -163.48% -134.52%
29-Nov-2018 30-Sep-2018 561,801 23,935 19,698 19,698 3.51% 1.20% 6.20 0.00 5.1400 -30.34% -4.93%
27-Aug-2018 30-Jun-2018 544,323 43,042 28,278 28,278 5.20% 1.75% 8.80 0.00 5.0600 -3.84% -43.94%

Posted by 129055444514385 > 2019-05-23 11:13 | Report Abuse

ECRL, Bandar Malaysia, HSR, other big infra projects involve insurance.... insurance companies will pass some risks to reinsurance company like MNRB ......... MNRB is a monopoly biz in malaysia

Posted by 129055444514385 > 2019-05-23 11:22 | Report Abuse

these 3 institutions controls 70%+ of mnrb,,, after right issue last year and the company is back to normal, expecting dividend payout this year as mnrb is already profitable and these funds need cash to pay their unitholders :)

YAYASAN PELABURAN BUMIPUTRA
AMANAH SAHAM BUMIPUTRA
PNB

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-28 18:11 | Report Abuse

QR out.

Posted by Marcus Chang > 2019-05-28 18:33 | Report Abuse

at last, start return to black

10bagger10

1,007 posts

Posted by 10bagger10 > 2019-05-28 18:37 | Report Abuse

Wow! Luckily i folo, thank you thecontrRian

10bagger10

1,007 posts

Posted by 10bagger10 > 2019-05-28 18:38 | Report Abuse

Rm3 possible?

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-28 18:54 | Report Abuse

RM3 not possible because the share capital has more than doubled after the recent rights issue. It will be a slow climb because market sentiment is presently weak unless they declare a dividend soon. Funds will then start buying. Anyway at below RM1 it is a buying opportunity if you have excess funds.

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-28 19:01 | Report Abuse

Latest quarter MNRB made EPS of 12.5 sen, full year 19.8 sen.

vespa

890 posts

Posted by vespa > 2019-05-28 19:58 | Report Abuse

just note guys it is based on the weighted average 487 mil shares.. in the new financial year 60 mil profit would be based on 767 mil about 8 sen .and if this continued it would be 32 sen annualised and that is not bad on any measure. counter is cheap.. as contrarian said it will be the div that would boost price

vespa

890 posts

Posted by vespa > 2019-05-28 20:01 | Report Abuse

cashflow a setback

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-28 20:38 | Report Abuse

It's hard to understand the cash flow statement as this is a specialised industry i.e re-insurance and re-takaful.

Posted by why_no_dividend > 2019-05-28 21:20 | Report Abuse

Still no dividend?

chkhooju

1,706 posts

Posted by chkhooju > 2019-05-28 22:21 | Report Abuse

Where got money to pay?

TheContrarian

9,483 posts

Posted by TheContrarian > 2019-05-28 23:15 | Report Abuse

Money is there and is substantially invested in government securities (bonds) to earn interest, value of investments which includes government securities shot up from RM6.3 billion to RM7.2 billion over the 12 months.

goody99

1,814 posts

Posted by goody99 > 2019-05-29 09:10 | Report Abuse

does anyone know why there is no dividend for years?

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