1.03 now... go go go

TP1: 1.25

TP2: 1.40

TP3: 1.66

See chart at http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=1171

MBSB, see you at 1.25 soon. 

Comments on coming dividend of MBSB share : Entitlement date of 3 cts per share is on 26/5/2017; Payment is on 22/6/2017. So I may start to sell part of my MBSB shares AFTER 26/5/2017 if the current share price  which is RM 1.32 on 17/5/2017 stable around RM 1.32 . Any comments. A.david

Before becoming an Islamic banking group in 2017, MBSB was mainly a property financier. This changed with the acquisition of Asian Finance Bank in 2017 as this propelled MBSB into Malaysia’s second-largest standalone Islamic Bank.

But as can be seen from the return charts, this also resulted in reducing its returns from both the ROE and ROA perspective.

Of course this was the combination of lower bottom line with more assets and equity. The point is that if you were a shareholder prior to the transformation, you got lower returns. This is not exactly exciting news for MBSB shareholders.

RM 24.4 million scandal?  ...