Thanks 1invest1.....we are sharing and learning together :)

https://www.theedgemarkets.com/article/banks-have-submitted-counter-proposal-govts-interest-waiver-plan-say-sources

KUALA LUMPUR (Oct 8): Banks have come up with a counter proposal to the government's interest waiver plan, and some banking sources say it has been submitted to the authorities.

However, bankers were tight-lipped when asked what the counter proposal entails. Most just referred The Edge to the Association of Banks (ABM) on the matter.

This is an “interesting” development, a banking analyst said on learning about the banks coming up with a counter proposal, adding this shows that banks are looking for middle ground.

https://www.theedgemarkets.com/article/banks-have-submitted-counter-proposal-govts-interest-waiver-plan-say-sources

KUALA LUMPUR (Oct 8): Banks have come up with a counter proposal to the government's interest waiver plan, and some banking sources say it has been submitted to the authorities.

However, bankers were tight-lipped when asked what the counter proposal entails. Most just referred The Edge to the Association of Banks (ABM) on the matter.

This is an “interesting” development, a banking analyst said on learning about the banks coming up with a counter proposal, adding this shows that banks are looking for middle ground.

...and I observed that there were very minimal retail selling....may be investors who bought MBB are mainly for keep.

Sifu tolle : I guess ASB is converting some of their DRP shares into cash dividend...they have been selling lately but EPF have been buying....may be it's normal for them to take some profit to pay dividend to their unit holders.

Wow...just came back from marketing...have just locked in...

...I guess the Mara boys must have done with their selling during the past few days....haha...good if correct :)

Volume higher than PBB and CIMB...not usual...

...either is Mara boys selling to funds...or Funds passing from right hand to left hand....haha :)

My investing style is simple...I am a value investor...I buy good stocks which I consider cheap and keep for some time...low PE...low PB...and high dividend yield.
I don't chase momentum...and I don't buy hot stocks....example...I don't touch gloves when many are buying during the recent run.

I was holding only about 100+K shares in LKT...already the top shareholders...bcos it was a very small paid up company :p

sifu tolle : like I said above...nothing to shout about...it was just plain luck....

....I believe in these things...like people say No.1 is your life, No.2 is luck and No.3 is fungsui.....

...but one also need to work hard...do home work on the stock before you buy :)

On 2nd September 1998, when dsai was sacked, index was at 268 points...MBB and Tenaga were at RM2+...... :p

Haha...sifu tolle....nothing to should about....just plain lucky...made some money during the AFC and the dot com run....I was the No.30 shareholder in LKT...bought at average about 2....the stock hit a high of 12.50 in early 2000, but i was greedy and don't know how to sell bcos everyday up by a ringgit...only managed to take some profit.

....then made another round during the sub prime in 2007/8 period....sold all my holding in November 2014...when index was at around 1700+ to 1800.....switch all to ASM in 2015...when 1MDB issue surfaced...units were available then....

....then came Covid 19, I switch out from ASM from April last year....initially bought CIMB at around 3.50....then added Mashing ...RHB....and Genting....

....made some money from these purchase....and topped up MBB since March this year...my initially average was 8.33...then dropped to 8.11 after previous DRP...then topped up again recently...my current average is 8.15...but will drop to 8.01 at the end of this month after DRP is in.

Ha..ha...Warren will pay u USD 1 mil just to share a table with u.

....I like this quote

Posted by AllYouCanBuy > Oct 7, 2021 9:00 AM | Report Abuse

@OnTime 10.65 will be end of 2023.


_________________________________________________________________________

My bet, end of 2023 will be RM12.....EPS 85 sen at 14 times PE

sifu tolle : will put the cash dividend back to work this end of month...and next batch in November...hope still cheap by then :p

Wow...fatt tatt lor.....hope you chun ya :)

Wow.....

Wow....

Sifu tolle : noted, we see next year :)

sifu tolle : duration 1 year till 31-10-22.....inclusive dividend (total gain).....I bet MBB !!

Today, Singapore and Indonesia up 1.5%....Thailand also decent gain....

@choysun....I also queued at 4.80 :p

https://klse.i3investor.com/servlets/ptres/60926.jsp

Retain our OVERWEIGHT stance on the sector with our top BUYs on RHB Bank (fair value RM6.80/share), Maybank (FV RM9.90/share) and CIMB Group (FV RM5.80/share). We favour banks with expected improvement in regional performance from the gradual economic recovery and banks with undemanding valuations. The US Treasury yields have recently continued to rise with 9 members of the FOMC in favour of an earlier rate hike in 2022 in the recent Fed meeting as compared to 7 earlier. Pressure for rate hikes is expected to also spill over to emerging markets, including Malaysia.


Any increase in interest rates will be positive on banks’ interest income and margins.

@linges....all analyst do not expect impact from moratorium to be higher this year compared to last year.
Last year the dividend was 52 sen, so I am expecting this year to be higher than that, as interim was 28, I guess can expect final to be higher, which is the norm based on historical record, even last year.

Happy weekend and happy buying in 4th Q.

https://www.malaymail.com/news/malaysia/2021/10/03/malaysias-new-covid-19-cases-drop-to-9066-first-time-under-10000-in-nearly/2010367

Wow 9066

Sifu tolle : noted your opinion. Thanks.

Entry price at around 8 is always attractive...from it's historical chart, it seldom trades below 8, only during crisis and only for short duration, and also at 8, dividend yield will be about 7%.....I am still collecting slowly, am cautious on the volatile market....but end of the year usually are positive for market...especially blue chips due to window dressing.

Sifu tolle : PBB IB also likes MBB :)

https://klse.i3investor.com/blogs/PublicInvest/2021-10-01-story-h1591843323-Banking_Financial_Stability_Review_1H_2021.jsp


While we maintain our Neutral view on the sector, it continues to be with a positive bias given its lagging valuations relative to the broader market. For sector exposure, we like Alliance Bank and Maybank.

Source: PublicInvest Research - 1 Oct 2021

No last minute show :(

Sifu tolle....I normally withdraw fund fro ASM on the beginning of the month ( cos the dividend is monthly rest)....this morning thought of getting my next round bullets...but reconsider cos of the volatility....wait n see for another few days....if the volatility persist, then may be will only top up next month.

Yes sifu tolle.....plus dividend MBB is still ahead by 21 sen :p

https://klse.i3investor.com/servlets/ptres/60932.jsp

Kenanga top picks are MAYBANK (OP; TP: RM10.65 )and RHBBANK (OP; TP: RM6.15). Both stocks are excellent dividend yieldersoffering6-8% and 5-6%, respectively, where MAYBANK is seen to be the favourite for its market leading position in both loans and deposits which makes it poised to enjoy the full leg of the recovery.

https://www.malaymail.com/news/money/2021/10/01/banking-sector-outlook-seen-positive-on-expectation-of-profit-rebound/2009899

https://www.malaymail.com/news/money/2021/10/01/banking-sector-outlook-seen-positive-on-expectation-of-profit-rebound/2009899

agree with sifu tolle....buy when there's cheap sale....

Sifu tolle...any comment on the reason for the volatile and active trade this afternoon on blue chips....esp banks

https://www.malaymail.com/news/money/2021/09/29/malaysian-banks-well-capitalised-and-liquid-outlook-remains-stable-says-moo/2009405

The firm’s financial institutions group analyst Tengfu Li noted that the rating agency had changed Malaysian banks’ outlook to “stable” early this year from negative last year and thus far has retained the stance for several key reasons.

https://klse.i3investor.com/insider/substantialShareholder/1155/27-Sep-2021/525278_2067480081.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/28-Sep-2021/525348_188037527.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/29-Sep-2021/525417_2443555133.jsp

Yes....so I queue at 4.80 till match ya :p

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3195694

EPF bought 3.589M shares on ex dividend day....very good.

https://www.thestar.com.my/news/nation/2021/09/27/muhyiddin-interstate-travel-likely-to-be-allowed-during-first-half-of-october

Good for recovery sentiment....MBB is on the list of most analysts for recovery play in the 4th Q.

https://www.thestar.com.my/news/nation/2021/09/27/muhyiddin-interstate-travel-likely-to-be-allowed-during-first-half-of-october

Tomorrow open at 6

Choysun fatt tatt lo

They want to kongsi our good things....so we buy MBB to also kongsi their good thing....haha :)

sifu tolle....haha...true also

.....so while we can....buy now and more...MBB

....if not later say reserved for bumi only...bcos PNB ASB are major shareholders

DRP shares already in at Boardroom.

https://investor.boardroomlimited.com/

@jeffchan : no more at Tricor....it's now at Boardroom

Oh yes...total charges is RM13.....previously I posted RM7 is incorrect.

Sifu tolle : correct, the entry price made the difference.
If you use their 4 week low as the entry price, MBB is doing better.

( 4 week low : PBB 3.99.....MBB 8.05 )

https://www.thestar.com.my/business/business-news/2021/09/25/going-for-growth

Peer Comparison as at 15-9-21...of P/E, P/B and Yield

https://www.thestar.com.my/business/business-news/2021/09/25/going-for-growth

Peer Comparison as at 15-9-21...of P/E, P/B and Yield

https://www.thestar.com.my/business/business-news/2021/09/25/going-for-growth