@Aaa123 you are also not in the list, does it affect you? btw newbies should consider Serbadk, SCIB, KPower, etc currently hot stocks at the moment.

@tollebunsmith agreed with you but unfortuately I don't have fresh funds as in between jobs at the moment and my other funds locked in long term funds (ASN) and insurance.

Btw, noticed your brokerage is 1.2% which broker are you using? I am using MIB and at 1.0% brokerage only

@stkoay just lucky to grab. took a hit on Tenaga for liquidating at a loss but no regrets as the potential price upswing will negate the losses. just unfortunately couldn't buy more

@tollebunsmith sifu, dont ask him go Tenaga la.. dun want to see him there as well la :-) Ask him to go Serbadk or SCIB or AirAsia or something

yeah so what? I already mentioned that it will go down a bit more before picking up. foreign funds start trading at 3.00-4.00pm. This morning trade is local fund.

Analysts stay bullish on banks

Analyst Reports Tuesday, 02 Nov 2021 8:51 AM MYT

KUALA LUMPUR: Cukai Makmur notwithstanding, analysts remain bullish on the banking sector as September banking system data continues to point towards an economic recovery.

In a note, Maybank Investment Bank Research said it remains positive on banks as the pace of contraction in working capital loan applications is slowing and looks set to turn the corner.

"With the gradual opening up of the economy, we expect loan growth to strengthen in the coming months and maintain our industry loan growth forecast of 3.8% (annualized 3.4% end-Sep 2021)," it said.

It added that the one-off Cukai Makmur is expected to dampen banks' earnings in FY22 but a possible offset could be lower-than-expected provisions.

Meanwhile, RHB Research said the healthy uptick in system loans in September, which offsets the month-on-month contraction in August, points to a sequentially stronger loan growth for 3Q21, albeit modest.

It said net interest margin will likely be stable given the still-healthy CASA growth and unchanged policy rate while asset quality will remain steady due to the various relief assistance provided by banks.

"Banks remain the best proxy for the economic recovery and rate hike cycle, while the impact of the National People’s Wellbeing and Economic Recovery (Pemulih) moratorium is expected to be manageable, given the very targeted scope," said RHB, which maintained its "overweight" call.

The research firm noted that system loans in September rebounded 1% m-o-m, helped by the phased relaxation of lockdown measures.

The rebound was led by working capital loans, mortgages and loans for purchase of securities.

Reflecting the pick-up in economic activities, lending to the non-household segment rose 1.5% MoM, outpacing the 1.0% MoM increase in household loans, added the brokerage.

System loan applications on a three-month moving average basis was up 2.6% m-o-m after falling 6% m-o-m in August.

Applications from the household segment increased 5.2% m-o-m, while demand from the business segment dipped a modest 0.8% m-o-m.

On a monthly basis, the growth in loan applications was sustained at 12% m-o-m, boosted mainly by the household segment.

In other September data, system deposits grew 1.4% m-o-m although current account savings account (Casa) growth momentum continued to moderate to 11.3% year-on-year.

System GILs declined 5.1% m-o-m mainly due to a sharp drop in working capital GILs while construciton and auto GILs fells m-o-m. The system GIL ratio ticked down to 1.57%.

SME financing grew 0.6% m-o-m in August with a broad-based improvement across manufacturing, wholesale and retail and construction being the key drivers.

https://www.thestar.com.my/business/business-news/2021/11/02/analysts-stay-bullish-on-banks

Actually after asking my remisier to look at my portfolio, he did suggested perhaps to pair down Tenaga for MBB as the latter DY is 13.04% while Tenaga is 8.28% atm. also Tenaga might be ignored by fund managers atm due to ESG and 5 years is a long time to expect Tenaga to resolve its coal issue. so yeah, a no brainer on this one

@AllYCB to share with you, I initially bought PBB at RM14.96 (or RM2.992/unit for perspective) in June 2020, I topped up more PBB till it's RM3.593/unit and again till RM3.796/unit. Since it's long term for me, i dun mind topping up even if it increases my average price as long as it's below the market rate.

Currently my portfolio holdings are MBB:PBB:Tenaga = 56%:13%:31% after pairing down Tenaga for MBB yesterday

it will also depend on your investment objective

@AllYCB if buying the stocks increase your average price a,little above but below RM8.00 but you know that come dividend time it shoots to Rm8.30, will you buy?

@Tothe moon now is 1 lot is 100 units, we don't say 1 lot 1000 units for sometime d

https://www.klsescreener.com/v2/news/view/903115

interesting read

@AllYCB yes it would as Dollar Cost Average applies. depends whether you are optimistic or pessimistic investor if u wonder to buy or not

@stkoay that clown better comment in his own Singapore market instead of being white noise here

haha.. matched all 102 lots at 7.99

my remisier says a good chance will drop a little tomorrow before picking up the next couple of days.. leaving it parked at 7.99

i think 7.99 can get. funds throwing

i parked at 7.99

just put in order for another 102 lots.. after rebalance some from Tenaga

hehe... lepas big shark minum teh pagi dulu ke?

josephn: Don't be so happy first, usually 9am -10am is ikan bilis trading time, big shark operate 10am onwards, great force selling pressure coming

*NEWSFLASH* Somewhere in the north Atlantic ocean.. large ships can be spotted circling dangerously close to the Bermuda Triangle... attempts to contact the ships captain remain futile. we urge the public to remain calm and drink Kool Aid. we will keep you posted of any new developments. Stay tuned

@tollebunsmith : I checked last night around 2.00am and it was not in yet (woke up to feed hungry baby la) and I guess as much that it will only be updated early morning by brokers as you rightly pointed out. More to satisfy my curiosity than anything else. Glad to note that qty shares added but not affecting the average cost price in portfolio. will top up more when the opportunity arises and right price comes before next dividend comes next year. meanwhile parked some spare funds in IGBREIT while waiting

thanks linges

@stkoay Thanks bro, yes I got the cash this morning but thought the shares will also same day/time. I'll keep a look out for it.

@Ipalani49 I downloaded the Maybank document from their website but it doesn't really say when, that is why I asked - and yes I did try and google for that info this morning before asking.

@tollebunsmith : thank you bro for that helpful and useful answer. This is my first DRIP so not sure how this works.

when will the DRIP shares be credited into our trade account since the Dividend paid out today?

possible... last year was 58 sens... 60 would be possible

....digesting...and....processing....

Good question. To understand whether investors value the counter or not, a good indication would be to see the amount of premium they are willing to pay compared to the NTA.

NTA for PBB and MBB is 2.44 (sell price RM4.20) and 7.20 (RM8.30) respectively while NTA for RHB and CIMB is 6.86 (RM5.75) and 5.84 (RM5.15) respectively.

other non tangible reasons are perceive management of the bank. if the bank is well managed and potential for growth, investors will be willing to pay.

Tenaga also involve in EV opportunities

https://paultan.org/2021/09/28/dhl-tenaga-nasional-partnership-set-to-introduce-pure-ev-delivery-vans-60-kw-fast-chargers-by-1h-2022/

Live Now. Invest Malaysia. Finance Minister again stress Tenaga involvement in the 5G set up in the coming months.

https://www.youtube.com/watch?v=C4W3m5PaZIo

whoever says strong stocks like Tenaga that drop price is gone case is clearly a newbie. The price will pick up again come dividend time. if you compared recent dividend of RM0.22 which is the same as the dividend for 2020. For the whole FY 2020, total dividend is RM0.80. Tenaga shareholders are expecting to receive another RM0.58 come end-March 2022.

so for those still sitting on the fence. don't lose out as 5 months is not that long in the future. decide on your own.

Let's not forget that BNM has in the past regularly stress test the banking system to see ability to withstand challenges. so Malaysian banks are well managed to say the least. so no worries investing in Malaysian banks.

on the other hand, our political circus is a different story la

Let's not forget that BNM has in the past regularly stress test the banking system to see ability to withstand challenges. so Malaysian banks are well managed to say the least. so no worries investing in Malaysian banks.

on the other hand, our political circus is a different story la

yeh, manage to sell off my bursa at breakeven. now waiting for funds to clear and buy more before price shoots up further

wow MBB and PBB really performing. meanwhile, where's that naysayer saying MBB and PBB is underweight? disappeared like a thief in the night. lousy prediction. simply talk 3, talk 4 only. better don't quit his day job.

wow MBB and PBB really performing. meanwhile, where's that naysayer saying MBB and PBB is underweight? disappeared like a thief in the night. lousy prediction. simply talk 3, talk 4 only. better don't quit his day job.

no wonder EPF throwing Tenaga like no tomorrow

guess who's no. 1
https://www.fsmone.com.my/funds/research/article-details/239461/10-malaysia-dividend-stocks-to-build-recurring-income?src=funds

ya, @wallstreetrookie unsolicited comments are a joke really. commenting without basis and against general consensus would be unwise. today's PBB and MBB price says otherwise.

ya, @wallstreetrookie unsolicited comments are a joke really. commenting without basis and against general consensus would be unwise. today's PBB and MBB price says otherwise.

@stkoay Yes I believe they are rebalancing their portfolio too. As rightly pointed out by you, value wise MBB is the clear winner in the longer term while Tenaga with the current LHDN, Coal Price and ESG hanging over their heads seem to make it relatively unattractive compared to MBB.

@stkoay Yes I also noticed that trend. Big volume queue and then suddenly disappear before 12.30pm break and/or also 4.45pm final break. I always thought they were a ploy by big fund managers to give artificial perception of strong support fighting for shares at said prices. so small retailers also queue for the price. and when these big boys suddenly pull out, the orders will be bought / sold by smaller retailers trapped at that price. thats one reason why shares prices have been back and forth for some counters including Tenaga. hence as you rightly noted, not a single trade done by big volume buy/sell orders. I could be wrong on my observation too. what do you think?

thanks @stkoay for sharing your past investing.. definitely right time at the right place. btw am curious but how do you see the low retail selling? by their trade volume?

@Bababa8888 register at this site if you want to convert some dividend into DRP shares

https://investor.boardroomlimited.com/

@Bababa8888 pay to your bank account

you guys noticed that EPF has been buying PBB continuously for the past week? 24M in 5 days

@ToThe Moon in MIB theres a menu for odd lots

@Ipalani49 thank you for confirming that.

guys, if i have odd lots from DRP and after a few years all odd lots from DRP then total to 100, will this automatically become 1 board lot (100) and be sold normally?