https://www.nst.com.my/business/2021/09/727736/banks-wont-be-seriously-impacted

Based on our calculations, the interest foregone for three months is less than 2.0 per cent of earnings. Even if we assume a higher loan moratorium take-up rate by the B50 segment, the maximum impact is more than 7.0 per cent," said Hong Leong Investment Bank Bhd (HLIB) analyst Chan Jit Hoong.

Chan said the damage would still lesser compare to the first automatic loan moratorium last year, while banks' financial year 2021 (FY21) profit base could be larger mainly due to lower provisioning levels.

CGS-CIMB Research analyst Winson Ng estimated the impact from the interest exemption would be about RM1.42 billion, which could be regarded as a one-off item.

"This would lower banks' net profits by 5.0 per cent. However, the impact would be smallest for Malayan Banking Bhd (Maybank) at 3.9 per cent as only 61 per cent of its loans are in Malaysia."

https://klse.i3investor.com/servlets/ptres/60808.jsp

Negative development but not likely to have significant impact to banks. Based on our calculations, the interest foregone for 3 months is <2% of earnings. Even if we assume a higher loan moratorium take-up rate by the B50 segment, maximum impact is <7%. From our analysis, Affin and BIMB would lose most while Maybank and CIMB are the least affected.

https://klse.i3investor.com/servlets/ptres/60808.jsp

Negative development but not likely to have significant impact to banks. Based on our calculations, the interest foregone for 3 months is <2% of earnings. Even if we assume a higher loan moratorium take-up rate by the B50 segment, maximum impact is <7%. From our analysis, Affin and BIMB would lose most while Maybank and CIMB are the least affected.

Discount I am waiting for :p

@choysun....opportunity comes....In US tonight, Las Vegas Sand and Wynn Resorts drop 8+ %.

tolle: I read comment from EPF....they say they are realigning their portfolio to maximize returns for their members...

....and from their report to Bursa....EPF have net sold PBB of 318M shares from November 2020 to September 2021.

@tolle....PBB got more retail shareholders....while MBB shares are mostly in the hands of PNB, ASB, EPF and old uncles and aunties....thus less knee jerk reaction....haha :p

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3192688

DRP fixed at 4.29

When the goverment is weak, bow to the demand from the other side and made VERY IRRESPONSIBLE decision.

Buying has been quite good lately, and from report, selling was mainly from EPF, PNB and ASB....if not, price would have been much higher.

I guess they are converting some of their DRP into cash to pay dividend to unit holders....when they are done with, price should be much higher.

sifu tolle...only can tell after a few days....haha :)

When the goverment is weak, bow to the demand from the other side and made VERY IRRESPONSIBLE decision....luckily not too many retail players own MBB, I guess.

When the goverment is weak, bow to the demand from the other side and made VERY IRRESPONSIBLE decision....

You are most welcome tolle sifu.

CIMB has launched one new Stock Linked Investment.

Stock : Maybank
Fixed Tenure :12 months
Coupon : 6%
Minimum investment : 50k
Offering Date 14-9-21 and 15-9-21

Knock Out : 105%
Knock In : 85%

This group is the targeted assistance provided to B40 who applied last year....small amount I guess.

https://www.freemalaysiatoday.com/category/nation/2021/09/13/equal-funds-but-only-for-mps-in-reform-pact/

The government will also attempt to negotiate with banks for an interest exemption for the bottom 50% of income earners who took the loan moratorium from October to December last year.

@jeffchan....for simple calculation, if your current average price is 8.00....after DRP, your average price should be 7.86 (8.00 minus 14 sen)...but since you are getting the DPR at a 3% discount....so your average price will become 7.859

https://www.nst.com.my/business/2021/09/726785/malaysias-largest-banks-unlikely-see-rising-npls-despite-shrinking-asset

KUALA LUMPUR: The six largest Malaysian banks' non-performing loans (NPLs) will unlikely increase sharply despite the expected deterioration in banks' asset quality, according to Moody's.

In a report today, the credit rating agency said most of the repayment assistance scheme's applicants could have sufficient financial capacity to repay their debt when the programme ended.

"We expect most of the loans under repayment assistance will remain performing when the six-month measure expires,"it said.

"At AMMB Holdings Bhd, Malayan Banking Bhd and RHB Bank Bhd, households whose income are at the top 20 per cent of the population account for more than half of retail loans under the scheme."

https://klse.i3investor.com/insider/substantialShareholder/1155/18-Sep-2020/498601_1091646408.jsp

1.58B shares......MBB on September 2020


https://klse.i3investor.com/insider/substantialShareholder/1155/09-Sep-2021/524131_1391203546.jsp


1.65B shares......MBB on September 2021....latest.

tolle : just to share EPF holding of one of your holding - PBB

https://klse.i3investor.com/insider/substantialShareholder/1295/03-Dec-2020/503959_967251515.jsp

16.3% or 3.163B shares on November 2020


https://klse.i3investor.com/insider/substantialShareholder/1295/10-Sep-2021/524160_1854670288.jsp

14 66% or 2.845B shares ...latest


.....meaning they NET SOLD PBB 318M shares during this period.

MBB 6 mths EPS 38 sen...Dividend 28 sen....Net Asset RM7.2016...share price 8.29

PBB 6 mths EPS 15 sen...Dividend 7.5 sen...Net Asset RM2.4361...share price 4.10

Tenaga 6 mths EPS 30 sen...dividend 22 sen....Share price 10.30

MBB 6 mths EPS 37 sen...dividend 28 sen....Share price 8.29

This numbawan stock is a SUPER BARGAIN !

1inges : I top up from 8.36 to 8.27....you are smarter than me...must call you...my sifu....haha....cheers...happy weekend.

Wow...sell queue 1.2m at 8.29 kena sapu...nice

We don't know what will be on 21-9-21....how to predict opening... haha...

My prediction on closing was based on the price movement during DRP 20....from announcement date till ex date, the price increase by 39 sen, which is the full dividend amount.

For those who want to buy, I guess it's better to buy now than after X dividend.

Closing price on ex date 8.28....my bet.

Come, come place your bet...see who got it correct :)

tolle: how do you know how much I own....I own only 428 shares...haha :p

As i have said earlier, over here, you are the pioneer and the sifu....I listen and follow what you share to make decision :)

tolle: I think so also....pakat pakat to ensure low DRP price...because they know management very kiamsiap, gives low discount so they ensure that they get best price...

Acutually, discount for DRP can go up to 10%....

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3191679

PNB disposed 2.855M shares on 7-9-21, the last day of DRP price fixing.

@tolle...during songlap king time.....KLCI hit all time high 1800+ leh......haha.

tolle, is your name Yong Siew Yoon?

Saw this name on MBB top 30 shareholders.

Haha....staypositive, you start accumulate now, when you retire, you also, will be very rich...cheers :)

Wow...my estimate is the closest :p

Got RM1846 discount....can buy nasi lemak for many months....haha.

@tolle....actually for normal investors like us, lower discount and higher price is better (it doesn't make a lot of difference to us)....because if too high a discount, there will be more profit taking by funds like EPF and PNB...resulting more selling pressure.... to us, how the share perform make more difference than the discount.

@choysun.....my guess +/- 7.70.....about 30 sen (3-4%) discount from ex price

tolle : welcome...used up my allocation, bought last batch at 8.27 just now.

Yes, during DRP 20, announcement of price and ex date is next day after Bursa approval...and price fixing is till the day of announcement of Bursa approval...if same, means till today.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3156798

(announcement on 12 may, price fixing till 11 may)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3190821

https://www.theedgemarkets.com/article/banking-stocks-rally-how-much-higher-would-it-climb

https://www.theedgemarkets.com/article/maybank-foreign-shareholding-rebounds-after-falling-lowest-over-four-years

KUALA LUMPUR (Sept 7): Malayan Banking Bhd's (Maybank) foreign shareholding rebounded to 16.28% as at Aug 27, 2021 after foreign investors appeared to have accumulated more Maybank shares in the two weeks since Aug 13, 2021, according to the latest updates on Maybank’s website.

CIMB also.... is about to announce it's DRP price...same same also down today.

tolle...not I jaga here....but the big boys jaga MBB DRP price fixing till the very last day....today should get approval from Bursa...they are still pushing down...haha.

I still got allocation for 10...will buy during pre closing.

Haha...tolle...15k if buy MBB...it's kacang putih only...2 lots also not enough....

Juliana, betul. Beli yang untung and ada beri dividend memang lebih safe dari yang rugi dan tak ada dividend dan tak tahu bila boleh pulih untung...haha :)

https://www.malaymail.com/news/money/2021/09/06/local-equity-market-records-first-monthly-foreign-net-inflow-in-over-two-ye/2003279

KUALA LUMPUR, Sept 6 — Total monthly foreign net inflow reached RM1.1 billion in August this year, the first monthly foreign net inflow after 25 consecutive months of foreign net outflow, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.

Haha.....all MBB Club members also very rich leh....this stock is not for trader to play play...but long term investor to buy and keep :)

@jeff....yes Tenaga is also a good stock to keep....try to get some at 9.9+ on 24-8-21 but my Q didn't matched....gave up after it broke 10 the next day :(

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

https://klse.i3investor.com/servlets/ptres/59261.jsp

hi jeffchan, last year I bought into Mahsing (average 0.65), CIMB (average 3.49), Genting (average 3.80) and RHB (average 4.52).

I started buying MBB only March this year after most stocks that I follow have rebounded sharply...and I only find value in MBB then, which is low beta, stable and gives one of highest dividend yield.

Recently, I have taken profit on some of the stocks I bought last year and switch the proceed to add MBB.

If you do home work and read their 5 years plan (Target to achieve EPS of more than 100 sen), MBB not only provide a good steady stream of dividend but also very good potential of high capital appreciation in the next few years.

As a long term value investor, MBB is now my No.1 holding.

@tolle...over here you are the pioneer/sifu...we still need to learn from you.
What I shared is just 2 sen from my observation.
...and I observed from the previous DRP...the closing price on ex date was the same as the closing price on announcement date....meaning during the period, the share price gained 39 sen.

@tolle...based on past record, Bursa only takes 1 to 2 days to give approval. When they apply, I guess DRP price has most likely already been determined.
Announcement of ex date will most likely after obtaining approval from Bursa....probably Tuesday......look at today's trading, there was no "road block".....likely up next week if market is positive.
Cheers....

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3190131

Haha.... :p