So sad :(

Don't sail away, come back please.

At 30/70, brother jeffchan is very cash rich, plenty of bullets to top up when there's sharp correction. A very safe investment strategy.
Investor who has this kind of discipline and patience will most likely not loose money in the market.
You are probably the "1" out of "10"
Congratulation for being in the 10% club.

A few stocks surged, while some dropped....banks stocks didn't move much....

Yes, Monday back to normal.
You will benefit only if you Q to sell during pre close for stocks that surge during that period, if you didn't sell, then it's only see song song for one day only :)

Yes, no major move today despite QWD, pre close volume was even lower than 31-5-23.
.....I guess it will trade in tight range in near future....typical of dividend stock.

@jeffchan1901, EPF voluntory contribution has increased to 100k per annum effective 1-6-23

....but I still prefer to park here, but still need to maintain 60/40.
....cannot sailang all in this harimau :p

Another opportunity to collect at 4.8+ ??

Wow.....RHB has shareholders who are very knowledgeable .....
....come buy Maybank.....is now giving less DRP and also the discount rate is very much lower than RHB and CIMB.... :)

....I have all 3...but different amount :)

Closing gave few sen discount to buy tomorrow :p

Wow...up 4.6%
Is it because the "all in" cut loss already ?

Wah, meow you want RM7 ah...
...RM8, i already will top up kaw kaw :)

This was my No.1 buy in 2020....sold 80% in late 2021 at around 5 and switched to Maybank at about 8
....will now try to buy back the 80%....not swiching from Maybank....will use fund from my fixed income investment....the yield now from this octopus should be higher than my fixed income

@speakup, that time when I bought, the sentiment was very weak and institutional selling was heavy, so, I was waiting to see if it goes lower to slowly accummulate.
...but now that market sentiment has improve a little, i will buy irrespective of price at current level, after it has stabilized for a while.....anything below 5.30 is still considered cheap for investment....and not for trading...haha...just my 2 sen :)

Prove you have the numbers and they give their support...
....like in politics...haha.

After seeing al the 1Q report and how the stocks performed, I think institution funds want to see the "numbers" and not how good a company perceived to be...
...that's my 2 sen view.

newbie2019....4.11 in again or wait 4.00 ? :)

Yes, BIMB is big bargain now....but somtimes, good are not cheap and cheap is no good...haha.

Today, I see less selling pressure on stocks that were sold down recently.
Is the selling almost done??

Not say buy after seeing price up ya :)

Posted by stkoay > 1 week ago | Report Abuse

Bought some at 4.82....some Q still pending 😊


Posted by stkoay > 6 days ago | Report Abuse

4.80 also matched.....completed 1st batch....

@choysun, still i feel beaten down banks looks sweeter....
....I bought octopus 4.81 on Friday, rebound few percent liao :p

@choysun, when you do, inform ya....I will follow you :)

Posted by Michael_chan2022 > 1 month ago | Report Abuse

Sell banking stocks ...public bank TP : rm 3
Lai lai... buy GenB

_____________________________________________________________________________

Is it healthy to promote one stock by condemning other stock ??

When you see people with one post making fun of other stock for closing red, you will think that this guy opened account just to irritate other people....

@DestinyL, his first post upon joining i3 is to make fun Maybank closed red for that day.
What is the logic of commending Maybank closed red in Genting forum??

Wow...bought one batch only at average 4.81....the boat sailed away liao, no wait for me to collect 2nd, 3rd batch :(

Who disturb who first ??
haha......lol

Posted by Michael_chan2022 > 2022-01-13 07:20 | Report Abuse

I also make money trading Genting...better than M.bank so far. This is the 3rd round picking up at 4.48. As economy is recovering I will not be selling...cheers!

_____________________________________________________________________

2nd post.......

Posted by Michael_chan2022 > 2022-01-12 17:27 | Report Abuse

wow! Green...Maybank is red...red today


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First post after joining i3

Lai lai buy GenB....non investor, seasonal cheer leader also making come back liao....

....lai lai lai buy GenB and sell banks

the seasonal cheer leader bolat cheer liao, so I help him mah....haha :p

haha.....@choysun, tiger remains my No.1
...now in the process of making octopus my No.2 :)

Lai lai buy GenB....
....and sell banks.......

https://klse.i3investor.com/web/pricetarget/research/67738

1Q23 results were in line. Of the eight banks under our coverage, results from seven banks were in line with our and consensus expectations. Only BIMB missed our and consensus estimates, as both NIM and financing growth disappointed.

Lai lai buy yummy delicious GenB.......

https://theedgemalaysia.com/node/670030

https://theedgemalaysia.com/node/670030

https://klse.i3investor.com/web/pricetarget/research/67700

Stock:
CIMB
Price Target:
6.00
Price Call:
BUY

https://www.nst.com.my/business/2023/06/917022/banks-have-sufficient-levers-sustain-earnings-and-dividend-growth-rhb

https://www.nst.com.my/business/2023/06/917022/banks-have-sufficient-levers-sustain-earnings-and-dividend-growth-rhb

Overall, RHB Research has maintained its "Overweight" call on the banking sector, with its top picks include Malayan Banking Bhd, Hong Leong Bank Bhd and CIMB Group Holdings Bhd.

https://www.nst.com.my/business/2023/06/917022/banks-have-sufficient-levers-sustain-earnings-and-dividend-growth-rhb

On Wall Street, all three main indexes ended higher, led by gains in financials, industrials, consumer discretionary, technology and healthcare stocks.

The Dow Jones Industrial Average rose 2.12% to 33,762.76, the S&P 500 gained 1.45% to 4,282.37 and the Nasdaq Composite added 1.07% to 13,240.77.

https://theedgemalaysia.com/node/669824

https://theedgemalaysia.com/node/669824

On Wall Street, all three main indexes ended higher, led by gains in financials, industrials, consumer discretionary, technology and healthcare stocks.

The Dow Jones Industrial Average rose 2.12% to 33,762.76, the S&P 500 gained 1.45% to 4,282.37 and the Nasdaq Composite added 1.07% to 13,240.77.

https://theedgemalaysia.com/node/669824

On Wall Street, all three main indexes ended higher, led by gains in financials, industrials, consumer discretionary, technology and healthcare stocks.

The Dow Jones Industrial Average rose 2.12% to 33,762.76, the S&P 500 gained 1.45% to 4,282.37 and the Nasdaq Composite added 1.07% to 13,240.77.

Focus switch back to Maybank :)

4.80 also matched.....completed 1st batch....

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2023-06-02-story-h-268825948-Strategy_KLCI_target_impacted_by_1Q2023_under_delivery

58% of the May foreign net selling pressure was in banks with the rest in consumer and industrial products/services, involving CIMB Bank, Public Bank, RHB Bank, Tenaga, Hartalega, Genting and Hong Leong Bank. However, foreigners were net buyers in Maybank, CelcomDigi, Malaysia Airports, MyEG, YTL Corp, IHH, and Telekom Malaysia

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2023-06-02-story-h-268825948-Strategy_KLCI_target_impacted_by_1Q2023_under_delivery

58% of the May foreign net selling pressure was in banks with the rest in consumer and industrial products/services, involving CIMB Bank, Public Bank, RHB Bank, Tenaga, Hartalega, Genting and Hong Leong Bank. However, foreigners were net buyers in Maybank, CelcomDigi, Malaysia Airports, MyEG, YTL Corp, IHH, and Telekom Malaysia

@unicornbird, PBB is a very well managed bank....and all the good things was priced in previously....and because it was so well managed, any futher improvement is not easy.
It used to deliver ROE at low teen while others was doing below 10.....so, I feel the others got more upside potential.....