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2022-09-20 17:09 | Report Abuse
SUPERBULL RUN AFTER GE15 only if there is a stable goverment.......
2022-09-20 12:41 | Report Abuse
@AqsadMohamah......fundamentally YES.
.....but price in the market is always influence by sentiment....in stock market, short term is a voting machine, long term it will be a weighing machine.
.....if you are a long term player, buy when the stock is reasonably priced regardless of market sentiment....cos nobody can successfully time the market (entry level)
....this strategy is especially true if you are buying a high dividend stock......meaning even market falls, you still get your attractive yield while waiting for market to recover.
2022-09-20 12:18 | Report Abuse
....and if management is successful in achieving their M25 target of earning above 100 sen per share....then a low PE of 13 times means the price is RM13.00 :)
2022-09-20 12:12 | Report Abuse
With price trading at just 1.2 times book value, 13 times price to earning and a high dividend yield of about 7%.......those who buy will definitely get richer over the long term.....
.....non investor who busy busy trolling....busy busy monitoring the wealth of Tiger investors will definitely get plenty of time to stressed out.....haha...LOL
2022-09-20 11:40 | Report Abuse
Wow....nice, 5.50 again....investors will definitely get richer over the long term....
.....non investor busy busy trolling...busy busy monitoring the wealth of investors must be very stressed out.....haha....LOL
2022-09-19 22:30 | Report Abuse
https://klse.i3investor.com/blogs/rakuten/2021-04-12-story-h1563424697-Malayan_Banking_Bhd_Innovating_its_roadmap_for_growth.jsp
Buy with a TP of RM10.60 or a PBV of 1.37x derived from a higher applied ROE of 11% (which is below management’s 5-year target of 13-15%.
MAYBANK is our Top Pick for the banking sector for its most favourable risk-to reward with the highest dividend yield in the industry plus solid ROE prospects. MAYBANK hosted a briefing to share its 5-year plan and strategies to achieve planned targets by 2025. Fundamentally, these targets include: (i) sustainable ROEs of 13-15%; (ii) CIR (cost to income ratio) of less than 45%; and (iii) EPS of above 100.0 sen (accounting for future dividend reinvestments). Management also aspires to position the group as a regional ESG leader by driving sustainable financing up to RM50bn in 2025, and to be carbon neutral by 2030.
2022-09-19 22:26 | Report Abuse
Info for those who have fund to invest (not for pokkai non investor)
https://klse.i3investor.com/servlets/ptres/59261.jsp
MAYBANK has laid out a five-year plan (2025) to drive sustainable ROE, CIR, and EPS above 100.0 sen.
2022-09-19 22:09 | Report Abuse
Even if Maybank is RM5, it will also not benefit pokkai non investor....LOL
2022-09-19 22:08 | Report Abuse
Financial is green in US tonight :)
2022-09-19 15:15 | Report Abuse
Those who have bought prior to 10th April 2020, till today, they have received 149 sen plus 28 sen coming in next month....so, total dividend since then is 177 sen :)
2022-09-19 12:46 | Report Abuse
At today's price, the dividend yield has risen to 6.74% (based on 58 sen)
....next year with no more cukai makmur, if can get 60 sen, then the yield will be 6.97....ASB also cannot give this high :)
2022-09-18 12:49 | Report Abuse
KUALA LUMPUR, Sept 18 — Former finance minister Lim Guan Eng has called on the government to protect the people and not banks’ profits.
The DAP lawmaker said the government should instead demand that banks share their “good fortune” following the rise in the overnight policy rate (OPR).
https://www.malaymail.com/news/malaysia/2022/09/18/protect-people-not-banks-guan-eng-tells-putrajaya/28767
2022-09-16 10:34 | Report Abuse
In US, financial was also the only green last night.
Bank of America and Wells Fargo closed up 1.8%
2022-09-16 10:32 | Report Abuse
https://www.cnbc.com/2022/09/15/european-markets-open-to-close-data-news-and-earnings.html
European markets saw choppy trade Thursday, although banking stocks maintained strong gains.
Banking stocks, however, added 1.71% following a Morgan Stanley analyst note upgrading the banking sector. The euro zone bank index hit its highest level since June 10, Reuters reported.
2022-09-14 19:09 | Report Abuse
https://www.theedgemarkets.com/article/malaysia-likely-meet-annual-gdp-growth-77-%E2%80%94-jpmorgan
KUALA LUMPUR (Sept 14): JPMorgan is optimistic that Malaysia will be able to meet annual gross domestic product (GDP) growth of 7.7% in 2022, which is likely to be one of the highest in the region.
According to JPMorgan Malaysia chief executive officer Wong Hooi Ching, the country’s economy is resilient with a strong banking system, supportive government and prudent corporate citizens.
2022-09-14 19:06 | Report Abuse
2022-09-14 17:15 | Report Abuse
My latest top up was early by one week.....hmmm.....may add a little tomorrow.
2022-09-14 17:12 | Report Abuse
For long term dividend investor, price weakness equal higher dividend yield.
For short term trader, price weakness equal weak technical equal don't buy.
2022-09-14 15:22 | Report Abuse
Those buying at current rice, will be paying only about 8.60 (net of dividend 28 sen)
...with dividend at about 58 sen, net dividend yield will be about 6.7% for next year.
2022-09-13 19:01 | Report Abuse
Will know when Parliament is dissolved.
2022-09-13 19:00 | Report Abuse
Some fund accumulating bullets for "feel good" project ??
2022-09-13 18:57 | Report Abuse
https://www.theedgemarkets.com/article/bursa-net-foreign-inflow-malaysian-stocks-spiked-rm198-bil-august
On a YTD basis, Bursa said the financial sector continued to lead in terms of foreign inflow at RM5.2 billion.
Contrary to the positive foreign inflow, Bursa noted that local institutions resumed their selling with the net selling amount intensifying to RM2.4 billion in August from RM41 million in July.
It said local institutions — the only net sellers in August — reduced their position in the financial sector by RM1.68 billion. On a YTD basis, they net sold the financial sector by RM4.1 billion.
2022-09-13 17:03 | Report Abuse
Haha.....may be need to change name to TokKokKing......
2022-09-13 12:40 | Report Abuse
Cannot move elsewhere cos fell in love with one stock only.......haha :p
2022-09-09 23:11 | Report Abuse
Long term investors have sold liao ah?
Haha :p
2022-09-08 11:57 | Report Abuse
https://klse.i3investor.com/web/pricetarget/research/64717
Retain our OVERWEIGHT stance on the sector with top BUYs on RHB Bank (fair value RM7.40/share), CIMB Group (FV RM6.70/share) and Maybank (FV RM10.30/share). For large-cap banks, we continue to like Maybank as our top ESG pick for banks and its attractive FY23F dividend yield of 7.3%.
2022-09-04 14:01 | Report Abuse
https://www.theedgemarkets.com/article/traders-find-haven-global-stock-gloom-southeast-asia
SINGAPORE/HONG KONG (Sept 4): As global equities struggle after the Federal Reserve's (Fed) latest hawkish rhetoric, Southeast Asia's growth outlook is making the region an investor favourite.
Most of the region's biggest economies are expected to grow at least 5% this year, according to estimates compiled by Bloomberg, with the scrapping of pandemic-era restrictions offering a key boost.
Malaysia more than doubled its annual target for tourists following an uptick in recent months, while Thailand expects to reap in US$11 billion (RM49.33 billion) from a surge in foreign visitors in the second half.
The composition of Southeast Asia's equity benchmarks — low tech weighting and relatively high ratio of bank shares — is also favourable in a rising global interest-rate environment.
2022-09-04 13:58 | Report Abuse
https://www.theedgemarkets.com/article/traders-find-haven-global-stock-gloom-southeast-asia
SINGAPORE/HONG KONG (Sept 4): As global equities struggle after the Federal Reserve's (Fed) latest hawkish rhetoric, Southeast Asia's growth outlook is making the region an investor favourite.
Most of the region's biggest economies are expected to grow at least 5% this year, according to estimates compiled by Bloomberg, with the scrapping of pandemic-era restrictions offering a key boost.
Malaysia more than doubled its annual target for tourists following an uptick in recent months, while Thailand expects to reap in US$11 billion (RM49.33 billion) from a surge in foreign visitors in the second half.
The composition of Southeast Asia's equity benchmarks — low tech weighting and relatively high ratio of bank shares — is also favourable in a rising global interest-rate environment.
2022-09-04 13:50 | Report Abuse
SINGAPORE/HONG KONG (Sept 4): As global equities struggle after the Federal Reserve's (Fed) latest hawkish rhetoric, Southeast Asia's growth outlook is making the region an investor favourite.
Most of the region's biggest economies are expected to grow at least 5% this year, according to estimates compiled by Bloomberg, with the scrapping of pandemic-era restrictions offering a key boost.
Malaysia more than doubled its annual target for tourists following an uptick in recent months, while Thailand expects to reap in US$11 billion (RM49.33 billion) from a surge in foreign visitors in the second half.
The composition of Southeast Asia's equity benchmarks — low tech weighting and relatively high ratio of bank shares — is also favourable in a rising global interest-rate environment.
2022-09-03 14:43 | Report Abuse
https://www.thestar.com.my/business/business-news/2022/09/03/man-group-asia-stocks-will-be-first-to-emerge-from-downturn
MAN Group Plc expects Asian stocks to outshine other regions next year as softer inflation and the end of an earnings downgrade cycle set the ground for an early rebound.
Within the region, the hedge fund giant is betting on defensive stocks in India and South-East Asia while cautioning that equities across northern Asia remain more vulnerable to trade headwinds and the economic slowdown in China.
“A lot of the problems the west is dealing with right now around speculative bubbles, over-stimulus, inflationary pressure and scarcity of labour – all these factors don’t exist in Asia,” said Andrew Swan, head of Asia ex-Japan equities at the Man GLG unit of the London-based asset manager.
“The foundations are much stronger now in Asia than in other markets.”
2022-09-03 13:16 | Report Abuse
Yes, more than 700 points swing.....very volatile
...so, like Kenanga IB says.....buy high dividend yield stock.
2022-09-02 11:45 | Report Abuse
@LeonardLiong......ASW is Amanah Saham Wawasan.......Many years ago they used to pay dividend above 6%....but last 2 years it was 4%, this year it's 3.75%....so. I am switching out from the fund to top up Maybank.
These fixed price funds from PNB hold a lot of Maybank.....if they hold 100% maybank then they can easily pay dividend above 6%....but they hold many other blue chips that are not performing well......so might as well I managed myself by switching to Maybank.
2022-09-01 12:39 | Report Abuse
https://www.theedgemarkets.com/article/analysts-expect-banking-stocks-remain-resilient-rising-interest-rate-environment
As such, Kenanga maintained its "overweight" call on the banking sector, with top picks leaning towards dividend counters to shelter against uncertainties — Malayan Banking Bhd (Maybank) and Affin Bank Bhd.
"In terms of top picks, we still like Maybank, which we highlight for its stellar dividend returns (7% to 8%) paired by its commendable asset quality readings in spite of being the leader in loans and deposits share," it said.
2022-09-01 12:37 | Report Abuse
8.88 is good, am withdrawing ASW to buy....already bought some at 8.93 n 8.94 this morning.....happy switching.....
2022-08-31 17:49 | Report Abuse
Now, it is still price fixing for DRP......institutions want cheap DRP.....sure will not let run yet.....no need to rush to buy.....can wait for good price.
2022-08-31 12:53 | Report Abuse
@choysun.....RHB and CIMB give higher discount (about 10%) for DRP also.....
.....Maybank cannot afford to do that.....if they give big discount, then ASB will give big sell to take profit...haha..
....so a little is good, no need too much......also it will dilute future earnings.
2022-08-31 12:28 | Report Abuse
The quietness in forums lately means people are now cash rich.......which is a good thing for the next uptrend.......most people like to chase high and sell when there are negative news ....haha :p
Stock: [MAYBANK]: MALAYAN BANKING BHD
2022-09-21 11:26 | Report Abuse
PNB's fixed income fund, ASM n ASW, should realign their portfolio by selling the low dividend paying stocks and buy more Maybank then they will be more able to pay better dividend.