Noted, thanks for sharing, sifu tolle.

sifu tolle....let's say...

....you put 10k into MBB

...and another 10k into another stock with lower dividend of aroud 3.5%

....and after that, the market is going nowhere and stays like that...says for 3 years...

....at the end of 3 years, your MBB would have given you 2100 dividend...while your other stock only gives you about 1050 dividend..

...that means you get less 50% returns by owning lower yields stock

...am I right, sifu? :p

When the market is going nowhere, high yielding dividend stock is a safer bet.

Retain BUY and GGM-TP of RM9.40, based on 1.22x FY22 P/B with assumptions of 9.4% ROE, 8.2% COE, and 3.0% LTG. This is broadly in line with its 5-year mean of 1.19x but ahead of sector’s 0.87x. The premium is warranted considering its regional exposure and leadership position. Also, it offers superior dividend yield of c.7% (3ppt higher vs peers). Besides, it is one of the least affected bank by “Makmur Tax” and its lower foreign shareholding vs larger banks, makes it less susceptible to sell-off.

Source: Hong Leong Investment Bank Research - 2 Nov 2021

https://klse.i3investor.com/servlets/ptres/61106.jsp

https://www.cnbc.com/2021/11/05/pfizer-says-its-covid-pill-with-hiv-drug-cuts-the-risk-of-hospitalization-or-death-by-89percent.html


The pandemic will probably be over soon.

On March 6th 2020, before the announcement of the first MCO, this stock closed at 8.50.

For a few years prior to that, the stock was trading in a range of around 8.50 to 11.00.

Current price, trading at a PE of 12 time, price to book value of 1.1 times, yielding a dividend of 6-8%....is SUPER CHEAP.

@choysun....yes sure HUAT....you.

...me have yet to add this one :(

Matched some at 8.00 :)

Haha....I also wait till neck long long liao...

@choysun...queued before market open at 8.00....till now also not match yet :(

@choysun....drag down by financial....tomorrow I am hunting at MBB :)

Posted by emsvsi > Nov 4, 2021 6:51 PM | Report Abuse

This is called quiet before the storm....go back a year and see the low volumes and what happened...so many years in the market also dunno ka uncle

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Uncle, you mean fundamentally last year when there's no vaccine and new cases were still high with no recovery in sight...is the same as now with opening news.....haha...LOL

Volume traded has been very low since the price peak on 18-10-21....for a sustained uptrend, volume needs to be much higher than the current 2 to 4 million shares :(

@jeff noted.

@JJFin...yes let's see...happy holiday.

This calvintaneng ....I already KO him in 2014...

....he came to KSL forum asked us to sell at below 2.00...and buy his penny stock at around 50-60 sen....

....after few months...KSL reached a high of 4.90 ( I sold at 4.50 )...his penny stock dropped to 10 sen then PN17.....haha...really laugh die me....still so thick face skin....dare to tok kok some more....haha LOL

@bobvic96....haha...not that I queue big....it's because dividend seekers are kiam siap and wanted to buy cheap a few sen....I queue 7.98 n 7.99 early in the morning...and I only added queue at 8.00 during pre close at 4.45 :)

7.99 not match....8.00 also not match :(

It appears that a strong 4QCY21 is on track, as we had expected from the loosening of movement controls and with interstate travel spurring consumption. The initiatives from the Budget 2022are mostly positive for the banking sector as various measures have been proposed to increase household income with jobs creation and more cash assistances. Businesses (mainly SMEs) will benefit with enhanced micro-lending facilities while receiving incentives for hiring employees from targeted groups. However, the one-off Prosperity Tax will hurt CY22Eearnings, by 5-14% within our coverage buthas a marginal impact to our TPs (refer to overleaf for further details).


MAYBANK(OP; TP: RM10.55) is our Top Pick for dividend safety (6-7% yield)


Source: Kenanga Research - 1 Nov 2021


https://klse.i3investor.com/servlets/ptres/61102.jsp

tomorrow there will be a Bbb123....haha :p

Why up so much....myself and choysun still waiting 4.80

sifu tolle...I suspect you were answering to singh investor 2.0

...haha :p

Trending Now - Hot Stocks Today
Rank Company Score
1 MAYBANK 1000
2 SERBADK 896
3 PBBANK 844
4 TOPGLOV 669
5 SCIB 625
6 TENAGA 607
7 SUPERMX 591
8 BURSA 574
9 GENTING 543
10 DNEX 508
Last updated: Nov 2, 2:56 PM

Wow....numbawan hot stock for today..

sifu tolle....agree and it's a good strategy...but need to have extra fund

Maybank’s Indo unit posted 4-fold QoQ increase in earnings, thanks to positive Jaws (from stronger total income) and lower loan loss provision. Also, NIM has widened sequentially. However, loans growth remained weak and NPL ratio has continued to climb higher. That said, results were in line and thus, our forecasts were unchanged. We still like Maybank for its regional exposure and leadership position. Furthermore, it offers superior dividend yield. Besides, it is one of the least affected bank by “Makmur Tax” and its lower foreign shareholding level vs larger banks, makes it less susceptible to sell-off. Maintain BUY and GGM-TP of RM9.40, based on 1.22x FY22 P/B.

Source: Hong Leong Investment Bank Research - 2 Nov 2021

https://klse.i3investor.com/servlets/ptres/61106.jsp

Now, new tricks....crate new account...haha...laugh die me

Yes sifu tolle...when we have the mental case superSinghInvestor coming here again n again after saying he won't be back.

@jeffchan1901....agree...buy at 8...lock in your safe...every year get 6-8% dividend....will never loose money.

Management has a guidance of "more than 100 sen earning per share earning" in their 5 years plan.

https://www.theedgemarkets.com/article/maybank-set-fiveyear-plan-achieve-1315-roe


Maybank president and chief executive officer Datuk Abdul Farid Alias said the group has set its desired long-term outcomes by 2025, including an aspirational return on equity (ROE) of between 13% and 15%, a cost-to-income ratio of below 45%, earnings per share (EPS) of more than 100 sen and delivering a dividend payout ratio of between 40% and 60% on a net cash basis.

pang72.....am queuing 7.99 n 7.98....

....congratulation to jeffchan and those who bought yesterday...good decision!

Confirmed ! an insecure mental case !

Haha....superSinghinvestor asked to be friend...then deleted his post

Go find someone who is like you !

Sorry Singh investor...we cannot be friend..because we are of different standard....and different category.

Posted by supersinginvestor > Nov 1, 2021 2:07 PM | Report Abuse

Little people plz understand
Pbbank is here cos of the gormen doing good..
All that good has to be paid for..
Gst cant now cos election soon..
Other taxes r worse...
This is best...markets should be going up..
But as u know little people r fools...
The smart buy now..

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Sifu tolle,
He owns a very little numbatu PBB...being an insecure mental case...he feels threaten by this numbawan MBB....so, must come here to talk 3 talk 4 talk kok......

....laugh die me....LOL

Wow....choysun.....my bullets are ready...

choysun....when 4.80 ?

Posted by apple168 > Oct 31, 2021 6:07 PM | Report Abuse

Estimates Maybank to drop at least 10%!

Come....come...come....the one who predicted a 10% drop, come to confirm your status as THE BIG CLOWN of i3

Good decision.

I also queue 20% of my available fund at 7.99....if cannot get by pre close, will adjust up 8.00 :)

KUALA LUMPUR (Nov 1): CGS-CIMB research estimated that "Cukai Makmur" will lower banks’ total net profit for financial year 2022 (FY22) by 9%, with AMMB Holdings Bhd appearing to be the hardest hit.

In his view, Malayan Banking Bhd (Maybank) will be the least affected as he estimated a 7% negative impact on the projected FY22 net profit for the bank.

He assumed that 39% of Maybank's FY22 pre-tax profit will be generated from the overseas market and hence not affected by Cukai Makmur.

However, he maintained his "overweight" call on banks given the potential rerating catalyst from his projected core net profit growth of 7.3% for FY22.

He also estimated banks’ loan loss provisioning for the third quarter (3QFY21) increased quarter-on-quarter but declined year-on-year (y-o-y), which was positive for banks’ y-o-y net profit growth in 3QFY21.

https://klse.i3investor.com/servlets/ptres/61102.jsp

The initiatives from the Budget 2022are mostly positive for the banking sector as various measures have been proposed to increase household income with jobs creation and more cash assistances. Businesses (mainly SMEs) will benefit with enhanced micro-lending facilities while receiving incentives for hiring employees from targeted groups. However, the one-off Prosperity Tax will hurt CY22Eearnings, by 5-14% within our coverage buthas a marginal impact to our TPs (refer to overleaf for further details). That said, there should still be an overall improvement from CY21 amidst better loans performance, asset quality and lower net impairments. However, the uncertainties behind NIMs leave us cautious as its correction could be quicker-than-expected. MAYBANK(OP; TP: RM10.55) is our Top Pick for dividend safety (6-7% yield) and RHBBANK (OP; TP: RM6.10) as a tactical pick for its potential participation in the digital banking space.

Source: Kenanga Research - 1 Nov 2021

Dividend versus Capital appreciation.

Dividend is determined by the fundamental of the company.

Capital appreciation is determined by market forces/trend.

I prefer low beta high dividend stocks because when the market is down and (if) it stays down for many many years I still get my dividend if the fundamental of the company is intact.

Fundamentals for banks are improving....market trend no body knows ( like my sifu tolle said...if you know, Warrent Buffet will pay you USD1m to have lunch with you).

If you own Maybank and you compound the dividend yields of 7-8% over many years it's still a VERY ATTRACTIVE INVESTMENT RETURNS.

My 2 sen for the day.

https://www.malaymail.com/news/money/2021/11/01/aminvestment-rates-malaysias-banking-sector-overweight-as-loan-growth-picks/2017520

On the average impact to banks from the one-off imposition of “Cukai Makmur” (Prosperity Act) as announced in Budget 2022, the research firm said as it is only a one-time tax rate hike and it expects investors to eventually turn their attention to the improving fundamentals of banks (recovery plays) which will benefit from a stronger economic growth.

“We continue to see prospects of improving total income supported by a pick-up in loans growth and potential interest rate hikes benefiting banks’ net interest margins.

“Additionally, banks’ asset quality is anticipated to improve ahead, hence, requiring lower provisions,” it added.

We retain our overweight stance on the sector with our top buys on RHB Bank with a fair value (FV) of RM6.80 per share, Maybank (FV RM9.90/share) and CIMB Group (FV RM5.80/share).

https://klse.i3investor.com/insider/substantialShareholder/1155/26-Oct-2021/527583_327504461.jsp

EPF has already sapu 12 million shares at RM8.20 on 21-10-21.

sifu tolle, this is a high dividend yielding stock....those who own this stock are mostly long term...and institution...so, I do not foresee much panic selling....some knee jerk reaction yes....

...at current price, the yield is 7-8%.....if the price drop some more resulting higher yield....I bet the EPF will be so happy to sapu kuat kuat.

sifu tolle...i think buy shares worth RM10k also tak boleh for this monkey.....haha

This rotten apple has been talking kok in Genting forum from RM3+ ....then disappeared into thin air....laugh die me.

Posted by apple168 > Oct 31, 2021 6:07 PM | Report Abuse

Estimates Maybank to drop at least 10%!

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come back tomorrow after market closed to confirm what a joker you are.

@tolle....you are correct on the above...

...I have just checked, price on 23-9-21 was 8.15, then it dropped to 8.01 on 5-10-21...

...so, may be some funds have sold some on the above news...

...so if this is correct, then it has partially been priced in.

Welcome SureHuat

Posted by jianwei90 > Oct 30, 2021 12:13 AM | Report Abuse
2?
hi stkkoay, but the upcoming dividend is for FY2021 right, hence there will not be any impact since the new tax rate of 33% is for FY2022?

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I think I got it wrong....assessment year 2022 means 2021 profit.....

...so still got 2 quarters to report...it's better than 2022 profit I guess bcos current year profit is still affected by moratorium while next year profit is expected to be better.