Ambank...I cut loss at 3.13 on 17-3-21....and 2.96 on 2-4-21...

My average price 3.30 :(

I switched to MBB....at current price, make about 40 sen (inclusive of previous dividend)

Thanks tolle.....staypositive...cheers :)

Tomorrow is DRP price is fixed...then it will probably rebound.

Haha....save some nasi lemak money....1 sen :p

I Q at 8.28

@tolle...now that BN is back (ASM is their baby) and economy and market is expected to do better, may be can expect better dividend from ASM from next year onwards....I still keep about 40-45%.

https://www.theedgemarkets.com/article/analysts-maintain-overweight-calls-banking-sector-they-foresee-improving-outlook-govt-eases

RHB Investment Bank Research’s analysts Liew Wai Hoong and Fiona maintained an "overweight" call on the banking sector, with their top picks being Malayan Banking Bhd (Maybank) (TP [target price]: RM10.30), CIMB Group Holdings Bhd (TP: RM5.70) and AMMB Holdings Bhd (TP: RM3.50).

AmInvestment Bank Research’s analyst Kelvin Ong also maintained an "overweight" stance on the banking sector with his top buys on RHB Bank Bhd (TP: RM6.80), Maybank (TP: RM9.90) and CIMB (TP: RM5.80).

MBB gives a yield of 3-4% cash dividend and 3-4% DRP shares....

....but ASM now only gives 4% dividend..

....though ASM is fixed price, therefore no risk ...but also no price appreciation.

...but MBB at current level...is only trading at about 11 times PE....got very good potential for capital appreciation.

@tolle...I am lazy to manually calculate my average cost ....but just accept what the system show after the inclusion of DRP shares as my average cost...and the cash dividend as my net dividend, which should be around 3-4% of my cost...which is also quite close to current ASM dividend...so the DRP is my bonus on top of ASM dividend ....haha :)

DRP price and ex date will probably be announced tomorrow, 5 trading days from announcement of 2Q21 report....

Haha....typical pre DRP price fixing "road block" :)

Haha...revise up 8.32 during pre closing...matched at 8.30...saved 2 sen :p

@tolle...not additional fund from ASM...but proceeds from sales of other counters...need to put back to work :)

...not bcos of too greedy...haha.

Cheers :)

@tolle..noted, thanks.

If my 8.30 is not matched by late afternoon, will revise up the price...need to use up my allocation by tomorrow....cos I think the announcement date and DRP pricing can be any day from this Friday.

Current trading is typical pre DRP trading....funds converting some of their DRP shares into cash dividend while keeping the bench mark price low.

Bought 8.36....8.35.....8.32.....another q at 8.30

Kenanga Target Price MBB 10.65 PBB 3.90

HLB Target Price MBB 9.40 PBB 4.50

AmInvest Target Price MBB 9.90 PBB 4.40

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3188713

EPS 10.80 sen

Dividend 10.44 sen

Will probably trade like this for another 2 more days...

All my Q not match :(

@tolle yes...5m n 15m

Add another Q at 8.37

Yes, please sell..to make my Q at 8.36 8.35 more easy to match...when matched, will say thank you

Posted by tollebunsmith > Aug 30, 2021 3:04 PM | Report Abuse

DBS Research has revised downwards its US dollar-to-ringgit exchange rate forecast to the 4.20 to 4.40 range.

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This report is out dated...17-8-21....before the change of PM...

....is now being viral...most likely by the machai of the pg guy....LOL

@Cslee1215...nobody knows...I am just guessing...by how these stocks traded this morning.

@JJFin....if need to buy..can q a few sen below 8.40

After digesting the reports of MBB, RHB and PBB....it seems investors are doing some switching today.

Wow...the last 2 digits of MBB vs PBB...widen to 31 sen :)

Hi, not free to lock in during the weekend...missed all the action by tolle.
Luckily didn't post anything, if not, tolle will say I jaga this forum 24/7....haha :p

What's the story today? This one up, the number two down.

@tolle please highlight....

Posted by tollebunsmith > Aug 28, 2021 1:49 PM | Report Abuse

staypositive: i dont own as much as stkoay laa, he is concentrated in MBB wo, mine is only a small potion of MBB and some in PBB and some in lain-lain wo.. i can never beat him..., so of course he is the shark here, i am just a small fry

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Haha....just now said...vulture.....now delete liao...say small fry :p

Got MBB, CIMB and a little RHB but NO PBB :p

@tolle....ASM 1 2 & 3....sold half only...diversify mah :)

MBB 6 mths EPS 38 sen...Dividend 28 sen....Net Asset RM7.2016...share price 8.37

PBB 6 mths EPS 15 sen...Dividend 7.5 sen...Net Asset RM2.4361...share price 4.18

Tenaga 6 mths EPS 30 sen...dividend 22 sen....Share price 10.38

MBB 6 mths EPS 37 sen...dividend 28 sen....Share price 8.37

This numbawan stock is a SUPER BARGAIN !

@staypositive....we are only baby ikan billis ...haha :p

Posted by Sharefisher > Aug 28, 2021 7:37 AM | Report Abuse

Big pullback next week? I don't think so. Let see.

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I quite agree
From my observation, I think the trading is being controlled by some big players, quite well supported....but it also didn't managed to attract much retail buying during the current market run up.

Posted by newbie2019 > Aug 27, 2021 9:48 PM | Report Abuse

@stkoay… been MBB members since 20 years ago (I mean I have Maybank acc lol)….. but only bought MBB stocks 2 years back

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So newbie should be at least in the thirties....not too new anymore ya.....haha :p

MBB is now my biggest and long term hold....a "NO SELL" stock :)

@newbie2019....Welcome to join MBB club :)

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

For those who are interested....not asking to buy MBB ya.

MBB has got lower foreign share holding than the hot horse....if the fund flow continue ...it will fly :)

@DestinyL....waiting with open arms to welcome you VIP investor to our MBB club :)

@choysun....aiyo you read all meh? not pick and choose ah? haha :)

Today's trading is "DPR price fixing exercise" .....lol

Based on today's closing and if it hovers around this level for the next 3 days.....I bet the DRP will be fixed at around 7.75

DRP price will probably be announced on 3-9-21...

...got another 3 more days to collect around current price.

...historically, after announcement of DRP price, it was traded higher.

MBB NAPS RM7.2016

PBB NAPS RM2.4361

MBB 6 mths EPS 38 sen...Dividend 28 sen....share price 8.44

PBB 6 mths EPS 15 sen...Dividend 7.5 sen...share price 4.16

Zafrul is good for bank stock.

Posted by tollebunsmith > Aug 27, 2021 12:14 PM | Report Abuse

zafrul is the banker in charge of finance? confirmed or not?

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https://www.thestar.com.my/business/business-news/2021/06/05/why-use-a-sledgehammer-to-crack-a-nut

https://klse.i3investor.com/servlets/ptres/60558.jsp

Maintain OUTPERFORM and TP of RM10.65. Our TP is based on an unchanged FY22E GGM-derived PBV of 1.37x (1SD above 5-year mean). We continue to position MAYBANK with its most favourable risk-to-reward profile coupled with the highest dividend yield (6-8%) in the industry paired by solid ROE prospects. Its market leading position in loans and deposits should prove beneficial in an economic recovery phase while its CASA levels would ease access to funds.

@choysun...with the "unknown" of the Delta, I think this recovery stock is safer play than Genting.

I have taken some profit on Genting and switched to this stock.

Just my 2 sen :)

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

MBB 6 mths EPS 37 sen...dividend 28 sen....Share price 8.45

This numbawan stock is a SUPER BARGAIN !