prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2023-03-14 10:20 | Report Abuse

"klci collapse soon"
@RWG, to me it means falling by over 5% in a single day. KLCI has already fallen by over 450 points since early 2018. It won't happen, it is just your wishful thinking.

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2023-03-14 10:05 | Report Abuse

"Genting highlands is good land, too"
Good land where almost every one comes back poorer. Are you joking?

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2023-03-14 10:03 | Report Abuse

"Melting down of the banking stocks.."
5 years ago Maybank was trading at over RM9 a share and Genting at over RM8. Over the past 5 years, Maybank has dropped just RM1 compared to Genting's drop of RM4. Maybank has consistently paid an average yearly dividend of 55 sen a share over the past 5 years. Which counter has suffered a melt down

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2023-03-13 16:27 | Report Abuse

DRP subscription price not confirmed yet, that is why RHB Bank not yet ready to move northwards.

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2023-03-13 16:07 | Report Abuse

@nicholas99, how much has Maybank dropped so far today?

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2023-03-13 15:59 | Report Abuse

"maybank also turun.. scary"
Not sure if you have any Maybank shares.

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2023-03-13 15:56 | Report Abuse

"Last time jp morgan is 600billion."
May be 30 years ago, it is US$3.77 trillion today. Silicon Valley Bank has US$213 billion.
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/largest-50-us-banks-by-assets-q3-2022-73408267

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2023-03-13 15:43 | Report Abuse

Silicon Valley Bank and Signature Bank are small banks in the US. They don't even rank among the top 15 banks. They aren't JP Morgan Chase or Bank of America and their effect on Malaysia would be negligible I think.

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2023-03-13 14:55 | Report Abuse

"svb so big also can collapse, maybank anytime also same as svb"
Maybank has been paying yearly dividends in excess of 50 sen a share for over 12 years. Bank failures elsewhere don't mean that local banks would be affected. You really lack economic knowledge.

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2023-03-13 12:28 | Report Abuse

You are so rich, I don't even have RM10,000 in the banks!

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2023-03-13 11:28 | Report Abuse

Totally no sign that rich people are withdrawing money from the banks as claimed by someone as is evidenced by the performance of bank counters this morning.

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2023-03-13 10:34 | Report Abuse

"Financial disaster is coming"
Better withdraw all your money from the banks and keep cash at home.

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2023-03-13 10:22 | Report Abuse

Genting promoters have gone into hiding, nursing their wounds perhaps. Bank promoters are still in high spirits.

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2023-03-13 09:50 | Report Abuse

Wow! Maybank is still up 4 sen despite failures of two US banks. As it always does on the day when it trades ex-dividend, trending upwards.

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2023-03-11 22:31 | Report Abuse

"Those are the bank promoters..trying to promote banking stocks.. bringing many to Holland"
@Michael_chan2022, five years ago Maybank was trading at over RM9 a share and Genting at over RM8 a share. What is Genting's share price today? Maybank pays over 55 sen in dividend each year, how much dividend does Genting pay?

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2023-03-11 17:30 | Report Abuse

Those who bought Maybank shares are investors, not gamblers. Buyers of Dnex shares are gamblers and they will lose their pants.

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2023-03-11 16:30 | Report Abuse

Imagine if you had bought Maybank in late Oct 2020 at around RM7 and kept until today, how much do you think you have already made?

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2023-03-11 15:38 | Report Abuse

@NatsukoMishima, when Lehman Brothers filed for bankruptcy in 2008, it had more than US$600 billion in assets, probably equivalent to US$1 trillion today.
https://edition.cnn.com/2023/03/10/investing/svb-banking-crisis-what-next/index.html

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2023-03-11 12:00 | Report Abuse

Don't worry too much. Lockdown during the pandemic was much, much worse but Maybank continued to perform reasonably well.

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2023-03-11 11:55 | Report Abuse

I thought you just bought RHB Bank and now you want to sell it? If RHB Bank ever drops below RM5.50 again due to the collapse of Silicon Valley Bank, I would commit another RM10 to 15k to buy the counter.

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2023-03-10 14:53 | Report Abuse

It is slow to react to good news but reacts immediately to bad news. Small investors have no confidence in this company. Sad!

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2023-03-10 14:47 | Report Abuse

Sometimes when an opportunity arises, it is better to seize the opportunity and benefit from it. Excluding dividends, RHB Bank went up to as high as RM6.31 over the past 12 months. I would certainly sell some RHB shares should it rise to RM6.30 again before it trades ex-dividend.

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2023-03-10 12:39 | Report Abuse

@pang72, if I buy 10,000 RHB Bank shares at RM5.67, my brokerage, stamp duties and clearing charges are as follows :---
Brokerage = RM56.70
Stamp duty = RM85.50
Clearing fees = RM17.01
Total charges = RM159.21
If I manage to sell at RN5.72 in the afternoon, total transaction costs would come up to around RM320. Still make RM180, not too bad but unlikely to be repeated everyday.

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2023-03-10 10:36 | Report Abuse

From RM5.12 a month ago to RM4.58 today, that is quite a big drop. Genting promoters should come out strongly to defend their darling.

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2023-03-10 10:13 | Report Abuse

After spending a record $17 billion on shares of Tesla in 2022, individual investors added another $13.6 billion to their total in just the first two months of this year, the Wall Street Journal reported Friday, citing data from Vanda Research.6 days ago
I would say the US market is irrational.

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2023-03-10 10:01 | Report Abuse

I look for safe stocks with PEs of not more than 15 and yields of over 6%. Few counters listed on Bursa meet my requirements.

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2023-03-09 20:19 | Report Abuse

My investments in RHB Bank and Maybank make up over 50% of my total investments in Bursa with investments in RHB Bank nearly 10% more than investments in Maybank. No intention of selling any of them in the near future.

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2023-03-09 19:59 | Report Abuse

Lowest a week ago was only 30.5 sen. White candle stick in four out of past five days.

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2023-03-09 18:06 | Report Abuse

"OPR maintained @2.75 by BNM...tomorrow should be + for banking ctrs"
But bad for Malaysian Ringgit. It has been dropping against other currencies especially the US and Sing Dollars. Now 1 Sing Dollar = RM3.34 and 1 US$ = RM4.52

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2023-03-09 16:33 | Report Abuse

Hari Raya Puasa is coming and dividend from Maybank isn't sufficient to pay ASB unit holders so it has to raise some money to make unit holders happy.

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2023-03-09 16:08 | Report Abuse

Should have committed fresh money rather than switching counters. Both are good banks.

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2023-03-09 16:03 | Report Abuse

Wow! MRCB springs into life again. Hope the trend continues. Cheers

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2023-03-08 17:07 | Report Abuse

Still remember property developer Tropicana also bought over 10 million TG shares during those glove crazy days?
https://www.theedgemarkets.com/article/tropicana-buys-rm7847m-worth-top-glove-shares

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2023-03-08 15:21 | Report Abuse

From over RM9 to RM0.60 in just two and a half years. This happening to a company which was expected to dethrone Maybank to become the company with the largest market capitalization listed on Bursa is really shocking.

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2023-03-08 12:36 | Report Abuse

Dropping towards 60 sen. Would likely dip below this level again.

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2023-03-08 11:51 | Report Abuse

Why are funds not buying a bank counter with a PE of less than 9 and a dividend yield of over 7? This seems unusual.

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2023-03-08 10:54 | Report Abuse

It shows investors have no confidence in this company. Major shareholders have to do something more proactive like making better use of its vast cash reserve, paying better dividends......

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2023-03-07 12:13 | Report Abuse

Keck Seng didn't pay any dividend in 2020 and 2021 amounting to a total of 20 sen. This year's dividend should include the dividends it conveniently failed to pay, making a total of 30 sen I suppose.

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2023-03-07 11:31 | Report Abuse

DickeyMe, don't write anything that even you yourself don't believe would happen.

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2023-03-07 10:36 | Report Abuse

Maybank RM5.80 tak mari, Tenaga RM4.50 juga tak mari. Macam mana gua dapat percaya lu?

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2023-03-07 10:30 | Report Abuse

If the amount of interest to be waived in order to help B40 borrowers is kept below 1% of its earnings for the year, Maybank's share price shouldn't be adversely affected. Poor ASB unit holders also need dividend payout from Maybank. So Maybank investors can rest assured that the help to be extended to B40 group is unlikely to seriously affect its bottom line.

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2023-03-06 22:33 | Report Abuse

@neohts, if the majority of the people want to vote them in what can you do? Just be prepared for the worst

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2023-03-06 14:43 | Report Abuse

Peluang beli RM8.50 selepas ex-dividend. Sekarang susah sikit.

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2023-03-06 12:45 | Report Abuse

Buy now at RM8.68 and collect your 30 sen dividend on the 24 March. You actually pay only RM8.38 a share, being its 52 week low.

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2023-03-03 15:14 | Report Abuse

"起码 它不会 PN17"
@chowwei,除非有人监守自盗,但非常非常不可能发生。还有政府会100%支持。

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2023-03-03 11:58 | Report Abuse

"Better buy TSH, THPLANT, BPLANT OR JTIASA
ALL THESE EARNING LOTS OF $$$
WILL GIVE YOU GOOD DIVIDENDS"
@calvintaneng, can't trust you cannontan, last year you advised investors to sell bank stocks, claiming NPLs would increase. Banks have continued to do well and paid handsome dividends since.

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2023-03-02 21:31 | Report Abuse

"2021-11-25 14:45 |
GLC link company hantu pon takut....all big loss making"
This guy (or gal?) who has the habit of rubbishing the comments/recommendations of others, including buy calls from investment bankers had posted a comment on Nov 25, 2021 claiming all GLC linked companies were losing big money. I have investments in Maybank, RHB Bank and Tenaga and have received satisfactory returns. He had slandered all GLC companies.
2022-10-17 15:20
"Aha...expert all hilang, diving to the deep blue sea....hopefully nobody kena their rubbish grandfather story"
On Oct 17, 2022 he posted the above comment on the i3investor forum for UEMS. UEMS closed at 19 sen on that day. It then went up to 30 sen on 29/11. It closed today at 25 sen, way above his forecast. What is your comment on this lad?

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2023-03-02 12:20 | Report Abuse

"Treasury shares value is RM1.4B+ (ard 200m shares+ RM6+ average price)...."
@CharlesT, company should have used this amount to pay off current and non-current liabilities like loans and borrowings, trade and other payables, deferred tax liabilities etc and the company would be totally debt free.

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2023-03-02 10:21 | Report Abuse

Steadily going up but more room for gains before it trades ex-dividend.

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2023-03-02 09:17 | Report Abuse

lawlence86 is the brainiest here. He is even much better than all the analysts of every single investment bank combined. He is even fit to be Bank Negara governor and chart our economic policies. What do you all think guys?