https://www.thestar.com.my/business/business-news/2023/01/30/maybank-says-no-financial-impact-from-subscription-to-adani039s-share-offering

"We would like to clarify that there is no financial impact to Maybank as the subscription to Adani Enterprises were client subscriptions and fully-funded by client funds," Maybank told Reuters in an emailed statement.

...but I opted to take full DRIP to average down cost.....holding MBB is a long long term investment for its consistent dividend, not for short term capital appreciation....
....so, make sure this is the right stock for you before buying...

.....for high beta, go buy penny stocks or gloves.....stay away from this No.1 blue chips.

.....and I also have the option of taking 580 in cash to yield a return of 7.34% while my cost remained the same and a tiny % dilution vs the increased numbers of company shares.

I used to take full DRIP, to average down my cost (which is now at 7.896) and use the cash portion to calculate my dividend yield.

.....meaning, if say, the company declares 58 sen, comprising 50 sen cash and 8 sen DRIP ....then my net dividend will be 500 divide by 7896 = 6.33%....and my cost of shares is reduced by 8 sen to become 7.816 after dividend.....
....and if next year the company declares the same, then my net yield will be 6.39% due to lower cost of shares......

Yes, Pinky is correct on the tiny % of dilution and a good option/method of calculating dividend yield.

Haha non investor with 2 posts teaching smart investor what to invest....
...LOL !

Fatt fatt....
...no fatt fatt fatt
...nevertheless, it's still a good, prosperous numbers :)

Happy Prosperous New Year to all Maybank shareholders.

Cheers.........................

Haha......some people don't know that you can choose to take cash in full if you don't want the DRP shares.

.....and if your holding is high where the DRP shares is higher than one lot, you can sell after price gone ex and make about 3 to 4% that comes with the DRP discount.

@1invest1.......same same to you.

Happy Prosperous New Year to all.

https://www.malaymail.com/news/money/2022/12/31/maybank-confirms-claim-of-data-breach-at-bank-untrue/47845

KUALA LUMPUR, Dec 31 — Malayan Banking Bhd (Maybank) has confirmed that allegations regarding a purported customer data leak by a third party are false.

In a statement today, the bank reassured its customers that their data remains secure and private and that no customer data has been compromised.

“Maybank will continue to prioritise its cyber security and data protection measures as customer data protection is of utmost importance to the bank,” it said.

The statement said an investigation was conducted by the bank.

https://www.freemalaysiatoday.com/category/nation/2022/12/30/1-8mil-maybank-account-numbers-in-data-leak-are-fake-says-minister/

PETALING JAYA: The 1.8 million Maybank account numbers which were said to have been part of an alleged data breach are fake, according to the communications and digital minister.

Fahmi Fadzil was referring to claims of a data leak involving nearly 13 million Malaysians from databases belonging to Maybank, Astro and the Election Commission (EC).

The claim was made by Twitter user “Pendakwah Teknologi” yesterday.

“Initial investigations show that the Maybank account numbers are fake and do not exist, and no transactions can be done through them,” he said in a statement.

“The investigation also showed that the alleged data leak is in reference to an incident that took place in 2018.

Total return for 2022 - 11.8% (including dividend)

Yat Yat Fatt.

Hope more Fatt to come in 2023.

Happy Prosperous New Year to all.
Cheers.......

@jeffchan1901...nhbeen explanation is correct, dividend, as of now, is tax free.

Maybank is a low beta stock,a very suitable investment to park your retirement fund with an attractive yield of 6 to 7 %.

Many people I know do have (at least) some in their portfolio.

Wow....true blue MBB shareholder....another rich uncle or successful young man? :p
....you will definitely have a golden retirement .
Congratulation @sorrynaiklorry.

I started accumulating since March 21....the first dividend was at lower quantity than 2nd....and 2nd lower than 3rd....I last reached my current volume on September 22.
...these are switching from my fixed income fund ASM
...will continue to switch if/when price is attractive :)

@choysun....Rakuten says buy what stocks? :p

.....have pocketed 342k from 4 dividends since then.

I accumulated 550k shares since March 2021, average price 7.896 (after drp shares)
....is that a good investment decision ? :p

Merry Christmas & Happy Prosperous New Year to all Maybank shareholders....

A few IBs also have a target price of above 10.00

RHB-OSK 10.20
KENANGA 10.40
CGS-CIMB 10.30

Haha......10.00 target price may be can ....by 2H2023 :)

Not true.
I use a Samsung S20 and I use both CIMB Clicks & CIMB OCTO apps.

Merry Christmas & Happy Prosperous New Year to everyone.
Cheers.........

@1invest1....Merry Christmas to you.

5 more trading days to go.....YTD still red :(

Santa no come.....but choysun lai liao.....

https://www.theedgemarkets.com/article/cimb-named-best-bond-house-southeast-asia-bags-seven-awards

8.85 - 8.95

Fan boy/girl said clueless invests in Banks stocks.....

.....but Banks share price outperformed most stocks in Bursa YTD.....

.....so, fan boys/girls always remained fan boys/girls.....haha..

https://www.theedgemarkets.com/article/public-bank-founder-teh-hong-piow-passes-away-aged-92

Despite having retired as its chairman at the end of 2018, the bank’s stakeholders, particularly minority investors, hold him in such high regard that, until today, his name continues to be synonymous with the bank. Immediately after relinquishing the chairman post, Teh was conferred the positions of chairman emeritus and adviser to the bank.

Teh held a 21.64% stake in Public Bank through his private investment vehicle Consolidated Teh Holdings Sdn Bhd, and also directly held 0.64% of the bank. Bloomberg listed his holdings in the bank as his biggest assets.

Foreign shareholdings at 18.26% as at 30th November 2022

Up 1.92% YTD

Highest since February 2020.

100% agree with Pinky......Maybank is for matured investors

.....not suitable for little fan boys/girls :)

Return of about 7% consistently every year, from its dividend, definitely beats most other investment.
Higher than ASM, EPF and most unit trust funds....and at current level, it's lower risk than many other stocks.

Sifu ATK , choysun is extending his year end vacation...long term investor like him, buy then sleep peacefully no need to monitor price movement :)

Today, after breaking news on China opening, Hang Seng index started falling and closed down 626 3% :p

Long time no visit here, was on vacation with choysun :p

Congratulation skybursa......
...typical Maybank shareholder.....rich uncles and aunties :)

EPF sold 11m shares last Thursday when the price closed up 36 sen at 5.87, who bought??
:p

Consolidating above 5.80, very good.
Most banks doing well in high volume today.
Fan club in the red.....haha.

https://www.theedgemarkets.com/article/cgscimb-expects-maybank-continue-positive-momentum-4q

CGS-CIMB reiterated its "add" call on Maybank, with an unchanged target price (TP) of RM10.30. This is premised on potential rerating catalysts from its expectations of strong loan growth in Indonesia of more than 10% in 2022, continuous expansion in the net interest margin amid the overnight policy rate upcycle, and recovery in non-interest income.

Meanwhile, Public Investment Bank Bhd (PIVB) said there was no repeat of 2QFY2022’s pre-emptive loan loss provisions when Maybank reported its 3Q results, an encouraging development considering the expectedly weaker macro environment going forward.

"Near-term challenges notwithstanding, we continue to like the group’s prospects, underpinned by its M25+ initiatives, and retain our ‘outperform’ call with an unchanged TP of RM9.70," it said in a note.

@Jaya....Yes
.....but doesn't matter, dividend stock is for long term for it's yield, price is for look see look see only :)

......hope more to come :)

So so only :p

Fatt Tatt loh........................

Stability.....prosperity.......stock rally......

....hohoho......santa claus is coming to town..

.....huat ah..........................

Umno Supreme Council will support a unity government that is not led by PN to ensure stability, prosperity, says Ahmad Maslan.

https://www.theedgemarkets.com/article/umno-supreme-council-will-support-unity-government-not-led-pn-ensure-stability-prosperity

https://www.theedgemarkets.com/article/maybanks-3q-profit-rises-285-rm217-bil-stronger-topline-growth-amid-improving-regional

Net profit 2.165B
Up 28.5 % YoY

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3308902

If investors got different views on whether market will go up or down depending on who is PM, then I guess market should be fairly stable irrespective of who wins :p