prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2024-04-27 15:20 | Report Abuse

Strong volume is normally associated with sharp price rise but we have seen strong volumes on quite a number of occasions without noticeable price increases over the past few months. Maybe the big boys haven't accumulated enough. Be patient, haha.

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2024-04-27 14:41 | Report Abuse

China's economy is about as big as the US's economy. Seizing China's foreign exchange reserves will also hurt the US badly as China has the ability to fight back on many fronts. Mindful of this eventuality, China has already reduced its US dollar holdings by about $400 billion over the past 6 to 7 years and increased its holdings in gold and other currencies. Anyway, there is absolutely no reason for the US to do such thing even if China were to attack Taiwan one day because it is basically an internal affair.

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2024-04-27 12:35 | Report Abuse

Some beggars have been caught with over RM10k in their pockets, some have been observed to dine in restaurants.

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2024-04-26 14:57 | Report Abuse

DickyMee is worth nothing, same as the person who fries it.

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2024-04-25 21:41 | Report Abuse

@i3gambler, you must have failed your SPM mathematics badly. After being allocated drp shares, you also choose to sell those shares. Suppose the amount of dividend that you can use to subscribe for drp share is RM4880, you would be allocated 1000 new RHB Bank shares which are worth RM5510 today. Can you re calculate RHB Bank's dividend yield?

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2024-04-25 21:12 | Report Abuse

@DickyMee, as long as it can pay me 40 sen dividend every year, I don't mind it becoming another SAPNRG. How much is a plate of DickyMee today?

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2024-04-24 21:13 | Report Abuse

Tenaga's unprecedented rise of around 30% since the beginning of August last year has been largely due to EPF's relentless buying. EPF's holdings in Tenaga has increased by 200,000,000 shares over this period, from about 855 million shares to over 1.065 billion. Any one knows why EPF is buying so aggressively?

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2024-04-24 12:18 | Report Abuse

The take up rate last DRP was only just over 80%. Unfortunately, we can't apply more than what has been allocated to us.

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2024-04-23 15:43 | Report Abuse

No clear laws in the country to look after the interests of small investors, so major shareholders just use the loopholes to take advantage of small investors. Should they want to take the company private, maybe they would just offer something slightly better than the prevailing market price instead of taking into account the company's actual worth.

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2024-04-23 14:58 | Report Abuse

Net cash per share is over RM1.80 but small investors are so frustrated with the management that they are willing to sell at below RM1.20 a share.

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2024-04-23 10:51 | Report Abuse

@Tedinvestor, can you list down the comments that Maybank promoters wrote about RHB that you think are despicable? The fact remains, 95% of RHB Bank shares are held by those holding more than 100,000 shares, those holding less than 10,000 shares only control 2% of RHB Bank's paid up capital. The big boys will determine how much RHB Bank is worth, we small investors are just followers. Whatever small investors write will have no effect on RHB Bank's share performance.

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2024-04-23 09:52 | Report Abuse

Pretty solid after it traded ex dividend. Hope it could keep up the momentum.

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2024-04-22 20:33 | Report Abuse

CIMB bank fluctuated between a low of RM4.80 to a high of RM6.77 over the past one year. At RM6.62, it is not far from its 52 week high. Those who had bought at around RM5 have a capital gain of over 30% and over 35% if you include the dividends. RHB Bank investors have a total total gain of less than 10%.

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2024-04-22 17:35 | Report Abuse

It will fly only when a new management takes over, unrelated to the Ho family.

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2024-04-22 11:08 | Report Abuse

I remember during the 90s, foreigners owned about 40% of CIMB bank. It dipped below RM1 during the Asian financial crisis of 1997/98. Sell when it has been pushed up too far. Above RM7 better sell all.

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2024-04-22 10:05 | Report Abuse

@speakup, I have become slightly smarter after learning the hard ways over the years but the smartest person here is undoubtedly stkoay. 🀣🀣

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2024-04-21 16:41 | Report Abuse

Below RM9.20 looks attractive, below RM9.00 no need to hesitate.

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2024-04-21 16:38 | Report Abuse

Bukan main contra, ada saham jual, kalau jatuh teruk beli balik.

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2024-04-21 16:35 | Report Abuse

CIMB Bank's foreign shareholding is the highest among local banks, at 31.4% as at 31 Dec 2023.

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2024-04-20 21:45 | Report Abuse

I also sold some of my Maybank holdings. At this time of uncertainty in the Middle East, a bird in hand is worth several in the bush. Also, high interest rates in the US may stay much longer than expected.

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2024-04-20 21:07 | Report Abuse

Judging from past records, CSC Steel should announce the timelines next week for its final dividend payment amounting to 9.4 sen a share. This should support its share price.

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2024-04-20 17:42 | Report Abuse

"You want fast money: ytlpower"
Won't be so greedy as to buy a counter that has shot up by 4 times over the past one year.

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2024-04-20 17:38 | Report Abuse

"RHB is not for you."
My investment in RHB Bank is several times my investments in Maybank. Will certainly reduce my holdings and switch to Maybank or CIMB if RHB goes up by 10 to 15% while Maybank and CIMB remain at the present level.

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2024-04-19 21:31 | Report Abuse

I got much better returns from my investments in Maybank for the past one year.

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2024-04-19 16:37 | Report Abuse

Not easy to make money from investments in RHB Bank. I bought some at RM5.63 a share about 10 weeks ago. At RM5.50 a share now and including the dividend, I only have a gain of around 1.35% in 10 weeks.

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2024-04-19 15:17 | Report Abuse

Israel can count on US help, even direct military involvement. Iran has to be on its own.

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2024-04-19 12:33 | Report Abuse

Market is very volatile right now. This morning Dow Futures nose dived almost 500 points and Nikkei 225 by over 1,400 points at one point because of fear of war between Iran and Israel. Trade cautiously mates.

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2024-04-19 11:52 | Report Abuse

Those who didn't buy Genting when it dipped below RM3 in 2020 might have the opportunity this time. ζœ‰ε±ζœΊζ‰ζœ‰ζœΊδΌšγ€‚

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2024-04-19 10:49 | Report Abuse

The risk of war between Iran and Israel has never been this high before. Dow Futures are down about 450 points and Nikkei 225 is down over 1,300 points. South Korea and Taiwan are down over 3%. I suppose many investors are now seeking refuge in Maybank.

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2024-04-18 16:58 | Report Abuse

Many people already know that Keck Seng has a lot of valuable land in JB but are unwilling to invest in the company because of its management.

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2024-04-18 12:27 | Report Abuse

Buy bank counters if you want to sleep well.

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2024-04-18 09:57 | Report Abuse

Maybank took less than three weeks to scale back to the same level just before it went ex dividend. RHB Bank may take three months to achieve this.

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2024-04-17 16:14 | Report Abuse

Should trade in the range RM5.45 to RM5.50 tomorrow. Anything better is a great achievement.

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2024-04-16 16:47 | Report Abuse

Disposed of some early this morning. Would buy back after a 30 to 40 sen drop. A 1k gain is good enough.

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2024-04-16 10:04 | Report Abuse

Maybank is holding up very well today but wonder if it could hold at this level should the situation in the Middle East worsen.

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2024-04-16 09:57 | Report Abuse

Don't buy any stocks now. Better to wait until the situation in the Middle East is clearer. Should a war between Israel and Iran break out, Genting would surely dip below RM4.

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2024-04-15 21:22 | Report Abuse

Already lost over 10% in one month and LKT still refuses to lend support. Does this signal more bad news are coming?

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2024-04-15 21:02 | Report Abuse

Unlikely to reach RM5.80 within the next two days before it trades ex dividend.

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2024-04-15 21:00 | Report Abuse

Apollo's share price shot up by over RM2 after it announced a second interim dividend of 50sen a share. Keck Seng can easily afford to pay a final dividend of over 50 sen a share but its directors chosen not to.

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2024-04-12 16:55 | Report Abuse

Ex dividend next Monday. Hope it can stay above 80 sen.

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2024-04-12 14:48 | Report Abuse

Those who had heeded Maybank IB's advice and bought Genting about 5 weeks ago have all landed in Holland.

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2024-04-12 11:41 | Report Abuse

Now highest in 52 weeks but still a long way to catch up with CIMB which was at about the same level as RHB just 5 months ago.

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2024-04-12 11:21 | Report Abuse

Some people are always obsequious to Western people, wagging their tails whenever they see them. They should read this article by Jeffrey Sachs, a world renowned US professor.
https://johnmenadue.com/chinas-economic-success-in-face-of-growing-u-s-eu-protectionism/

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2024-04-09 09:59 | Report Abuse

Buy while it is still low.

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2024-04-08 09:58 | Report Abuse

Earnings have increased by over 150% over the past 10 years but dividend has increased by just 50%. This has disappointed many small investors.

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2024-04-08 09:09 | Report Abuse

I have been using a Huawei phone for over 6 years without a single problem. This DickDickMEE views China made products with a jaundiced eye.

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2024-04-08 09:05 | Report Abuse

Now if we have a dog which happens to be travelling in a Boeing plane and its door suddenly drops off. How would this dog feel?

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2024-04-05 21:40 | Report Abuse

Nothing so special about its special dividend. I thought it is 50 sen a share.

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2024-04-05 20:58 | Report Abuse

"Majority of Chinese products are cheap and shitty. It is designed such a way based on repeatable business."
Wow! We have a parrot here parroting Western propaganda. Why does the US ban China's access to many advanced technologies? The simple reason is it is afraid of China 's rise which threatens its dominance and hence has to make life difficult for China.

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2024-04-05 12:32 | Report Abuse

You are living in an ivory tower DickyMee. Why does the US impose tariffs on goods from China? Why is it so difficult to export rice to Japan? India does the same thing to certain imports from other countries. Why only blame your own country?