博士讲鸟话-share->MBSB

7:31pm, 12 Jul - Cheng;Fong Yu: Keep an eye on MBSB
7:31pm, 12 Jul - Cheng;Fong Yu: Now still very cheap
7:31pm, 12 Jul - ‪+84 122 873 8284‬: Win n loss...really mean so much? ? Take it easy bro.....do what d things u think is the best for you. Each of individual is unique. ...nothing is a must for u or others to follow. Enjoy n pls....don keep argue where it really annoying
7:31pm, 12 Jul - ‪+84 122 873 8284‬: Enjoy all
7:31pm, 12 Jul - ‪+84 122 873 8284‬: Have a nice weekend
7:32pm, 12 Jul - ‪+84 122 873 8284‬: MBSB....I no confidence on tis company lr
7:32pm, 12 Jul - ‪+84 122 873 8284‬: Especially d management
7:32pm, 12 Jul - ‪+84 122 873 8284‬: Sucks
7:32pm, 12 Jul - Goh Kian Sian: Goreng stock as well
7:32pm, 12 Jul - ‪+84 122 873 8284‬: Hehe...my feeling nia....as my sis use to be the stuff inside
7:33pm, 12 Jul - Goh Kian Sian: Btw, my apologize  if i hurt someone .
7:51pm, 12 Jul - Cheng;Fong Yu: Well say 
8:08pm, 12 Jul - Cheng;Fong Yu: MBSB - Malay company. Management sure suck. Business module no competition. All gov staffs get loan from them. MBSB 收入稳稳来.
8:08pm, 12 Jul - Goh Kian Sian: Hmm...worth to buy?
8:08pm, 12 Jul - Goh Kian Sian: Like no stable
8:09pm, 12 Jul - Cheng;Fong Yu: EPS - 23 ROE-18 DY 8%
8:12pm, 12 Jul - Cheng;Fong Yu: 一、Merger真的能通过吗？
当然，如果三家金融股大整合，是不太可能的。
可是如果只是Islamic banking整合的话，其实容易很多。
因为Islamic Banking分别占CIMB整体业务的9.8%，和RHBCAP的10.2%。
整合规模只有10分之1而已。酱紫的整合方式，结果会完全不一样。
剩下的就只有整合的条件而已。个人相信会是如此的结果：
1. MBSB发行新股给CIMB和RHBCAP，CIMB崛起成为MBSB大股东。以及；
2. CIMB发行新股给RHBCAP，RHBCAP崛起成为CIMB的substantial shareholder。

二、MBSB的潜在价值
目前MBSB的总盈利为600 million左右。
CIMB Islamic + RHB Islamic的Income = RM2.1 billion
扣除25% taxation（假设而已） = RM1.5 billion
因此，MBSB的新盈利为RM2.1 billion

RM2.1 billion的盈利，
PE 10就是RM21 billion market cap，
PE 15就是RM31.5 billion market cap。
目前MBSB的market cap连RM7 billion都不到。
RM7 billion market cap vs RM21 billion/RM31.5 billion market cap，是不是抵到烂？
开玩笑，何止开一番。 

现在问题是MBSB需要发行多少的新股而已。
不过既然有90天的时间慢慢讨论，我认为这对持票定力强的散户来讲，依然是一场99%胜率的交易。

这也促成了我无论任何价格都要抢到MBSB的票的理由。
8:13pm, 12 Jul - Cheng;Fong Yu: Copy from internet
8:14pm, 12 Jul - Cheng;Fong Yu: Leng Yan also strongly recommend on it in previous open talk
8:15pm, 12 Jul - ‪+84 122 873 8284‬: Wow
8:15pm, 12 Jul - ‪+84 122 873 8284‬: MBSB? ?
8:24pm, 12 Jul - Cheng;Fong Yu: Ya
8:24pm, 12 Jul - Cheng;Fong Yu: My funds stuck at inari ca
8:24pm, 12 Jul - Cheng;Fong Yu: Once break even I will buy MBSB
8:25pm, 12 Jul - Cheng;Fong Yu: Inari ca... I semakin confident it will climb up after Friday close market
8:25pm, 12 Jul - Cheng;Fong Yu: It normal dy
8:26pm, 12 Jul - Cheng;Fong Yu: Every 4 cents inari mother rise son will be (4 cents/4) 1 cent up.
8:28pm, 12 Jul - Cheng;Fong Yu: Now inari 3.31... If next week 3.50 son will be added (0.20/4=5cents) become 0.215+0.05=0.265... hopefully
8:59pm, 12 Jul - Cheng;Fong Yu: BENEFITS OF AN EFFECTIVE PROGRAM
HEALTH