@SDNBHD, you didn't read my earlier comments? MNRB is not for speculators or contra players! If you are a long term investor, just buy and keep! You don't need to monitor the share price every day! Hehehe
When evaluating the share investment, it is the expected or actual PERCENTAGE return that counts, not ABSOLUTE return. What I can disclose is that I have substantial number of shares owned in MNRB, bought at price range of 0.980 to 1.000.
SDNBHD unorthodox : ok bro, may i know how many lots u have bought in mnrb? just sharing bro. 17/09/2019 10:27 AM
No one really knows when is the coming dividend! Realistically and historically speaking, it could be announced in the next QR in November 2019. Meanwhile, it seems that someone with deep pocket is slowly accumulating MNRB shares! We need to be patient with this investment!
Change in Board of director, Remuneration committee, Nomination committee, Risk committee and Audit committee...
Why change? What the pre-right issue directors and committee did wrong??? Any similar mistake did like FELDA, LTAT? Why a "asset rich" and "profitable" company hungry for cash? Any right issue subscriber can tell?
Why change? I am glad that there are changes to Management/BOD structure! Change for the better!
Cipta Change in Board of director, Remuneration committee, Nomination committee, Risk committee and Audit committee...
Why change? What the pre-right issue directors and committee did wrong??? Any similar mistake did like FELDA, LTAT? Why a "asset rich" and "profitable" company hungry for cash? Any right issue subscriber can tell? 03/10/2019 7:29 PM
Change... because take turns to withdraw remuneration but dividend has yet to be seen. Change is also the easiest management job. Eg. Bank Pertanian changed to Agro Bank, BSN changed its branch signboard those day, etc. Div.... Outstanding loans is just too huge, only beautiful nta.
Great news!!! Buy and keep MNRB shares! This is interim dividend and expected final dividend after 4Q2020 results! Moving forward, MNRB share price should break 1.500 in foreseeable future!
MNRB is not a counter for short term punters, taking profit between 5 to 20% gain. Present scene in the insurance environment seems to be intact and healthy, thus insurance companies should do fairly well. One can understand the sentiment against 'dividend reinvestment plan', it is like another round of rights issue at a discount price of RM1.01 but one must realise that you cannot buy at this price with additional money of your own. It only means if you were to reinvest the dividend, your dividend will be given 10% extra, meaning getting extra rm0.0025, and total dividend will be rm0.0275. The share dilution is limited by the dividend and at rm0.00275, how many shares can you buy? It is not as drastic as it seems.
It is "offer" last day. buy today and can entitle the Dividend Reinvestment Plan of RM1.01 share per share. Assume you buy today at RM1.15 and assume it adjust toward RM1.12 tomorrow. You may sell the shares (not all please....only dividend amount you entitle divided by RM1.01) at RM1.12 and company will "return" you the share. The arbitrage profit here is RM1.12 - RM1.01 per share...
still a lousy price even with good result. sell and dont waste ur time. many other good counter. just admit u have invested a wrong counter. sell n move on.
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....
SDNBHD
89 posts
Posted by SDNBHD > 2019-09-12 13:22 | Report Abuse
oi come out talk abit la unorthodox