Q1 2011 results at 10 cents per share.
Annualised 2011 = 40 cents per share.
Today 12 May, trading at 1.54 which means PE = 3.8
For PE = 6, Price = 2.40
For PE = 8, Price = 3.20
MBSB has transformed itself following the business model of unlisted Bank Rakyat, making big bucks out of retail lending.
GROSSLY UNDERVALUED at this juncture !!!
Buy & hold.