MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

10.60

Today's Change

-0.04 (0.38%)

Day's Change

10.60 - 10.72

Trading Volume

23,154,900


38 people like this.

23,253 comment(s). Last comment by prudentinvestor 10 hours ago

stkoay

6,380 posts

Posted by stkoay > 1 week ago | Report Abuse

Tomorrow, last day to get 29 sen Cash Back Coupon.

Can break 11 ??

Posted by prudentinvestor > 1 week ago | Report Abuse

Amanah Saham Bumiputra has disposed of over 400 million Maybank shares over the past three years, reducing its stake in Maybank from 34.79% three years ago to 30.45% today. Surprisingly, Maybank's share price went up from RM8 a share to RM10.90 today.

stkoay

6,380 posts

Posted by stkoay > 1 week ago | Report Abuse

Where is the Dow Jones index reporter ??

Only report when DJ drops sharply ??

Must be a super "no have"

stkoay

6,380 posts

Posted by stkoay > 1 week ago | Report Abuse

This selective reporting DJ index reporter only knows 2 English words....

ie. run & sell

wakaka.......

Posted by prudentinvestor > 1 week ago | Report Abuse

We don't need this person to do superfluous things here. 多此一举!

pang72

50,844 posts

Posted by pang72 > 1 week ago | Report Abuse

Today pbb ex 10c dividend but up 7c now.. To 4.77
Tmr tiger ex 29c dividend... So shot up 20c in the morning?
Let's see rrrr

Posted by prudentinvestor > 1 week ago | Report Abuse

Already sold some at RM11.02. Bought in early 2020, still about 20% higher than the lowest level that year but am already very satisfied with the returns.

Posted by GreatDreamer > 1 week ago | Report Abuse

Still have room to move up further though valuation on high side. As MBB earning is not peaking any time soon , still a good target for FF. MBB can still reduce strong loan grow to increase profit margin NIM.

xiaochen

523 posts

Posted by xiaochen > 1 week ago | Report Abuse

Go go tiger, keep going.

Posted by Tedinvestor > 1 week ago | Report Abuse

Target price should be 12. Foreign funds are taking profits recently

pang72

50,844 posts

Posted by pang72 > 1 week ago | Report Abuse

Tmr, the tiger show begins at 900am..
Dont miss ANYMORE:)

Posted by Tedinvestor > 1 week ago | Report Abuse

Tomorrow ex date

Posted by prudentinvestor > 1 week ago | Report Abuse

The last time Maybank traded ex dividend, it took only one week for its share price to claw back to its pre ex dividend price. It would be much more difficult this time as Maybank's share price has gone up quite substantially over the past one year.

jeffchan1901

1,402 posts

Posted by jeffchan1901 > 1 week ago | Report Abuse

Tradingview TP @11.18
BUY (11), HOLD (7), SELL (1)
https://www.tradingview.com/chart/?symbol=MYX%3AMAYBANK

jeffchan1901

1,402 posts

Posted by jeffchan1901 > 1 week ago | Report Abuse

haha, Harimau do well, our infinitely expert friend @speakup disappears from this forum and currently sharing some love in newly minted IPO - 99 Speedmart. seems our learned friend has a vast knowledge and very experience - sorta like 'jack of all trades and master of none'. Also that Plantation Sifu also seemed to disappear and will only reappear when plantation crops do badly and will come round once again to plant some harvest at non related Banking stocks. seems i3 a lot of poor Sifu who willing to share their financial wisdom but do they actually make any money that's the real question.

stkoay

6,380 posts

Posted by stkoay > 1 week ago | Report Abuse

https://theedgemalaysia.com/node/726313

KUALA LUMPUR (Sept 11): Malayan Banking Bhd (KL:MAYBANK) said on Wednesday that it has invested in Funding Societies — the fintech company that operates a digital funding and debt investment platform for small businesses.

“In conjunction with this investment, Maybank will explore collaborative synergies with Funding Societies to promote inclusivity and bridge funding gaps within the communities it serves,” Maybank said in a statement.

stkoay

6,380 posts

Posted by stkoay > 1 week ago | Report Abuse

Most banks gave back yesterday's gain, Harimau up the least yesterday and today up a little more :)

stkoay

6,380 posts

Posted by stkoay > 1 week ago | Report Abuse

Some experienced "real" profit taking while some are being totally controlled and played played :p

newbie2019

1,814 posts

Posted by newbie2019 > 1 week ago | Report Abuse

hrm

Mabel

23,858 posts

Posted by Mabel > 1 week ago | Report Abuse

Technical Analysis:

Support: RM9.800

Resistance: RM10.800

With a trading volume of 6.5M and a turnover of 69.76M, the market shows active trading and high participation.

Mabel

23,858 posts

Posted by Mabel > 1 week ago | Report Abuse

Impressive Financial Results: Since the release of the FY2024 financial report on August 28, the stock price has been on the rise. The company’s net operating income reached RM7.58 billion, a year-on-year increase of 19.2%, primarily driven by a substantial increase in non-interest income to RM2.7 billion, an impressive year-on-year growth of 79.2%. The surge in financial markets business earnings and the turnaround in insurance business profitability drove the revenue spike.

Mabel

23,858 posts

Posted by Mabel > 1 week ago | Report Abuse

Strategic Investment: On September 11, MAYBANK announced a strategic investment in Funding Societies | Modalku (Funding Societies), *Southeast Asia’s largest unified digital financial platform for micro, small, and medium enterprises (MSMEs)*. This investment aims to explore synergies with Funding Societies to promote inclusivity and bridge the funding gap within its served communities.

Mabel

23,858 posts

Posted by Mabel > 1 week ago | Report Abuse

Currently, the company’s dividend yield stands at 5.57%, with semi-annual distributions. Historically, the company has consistently maintained stable dividend payments, demonstrating a commitment to returning value to shareholders. The latest announcement indicates that MAYBANK will go ex-dividend on September 11, 2024, with a dividend of RM0.29 per share. Stable shareholder returns can also boost investor sentiment, further driving the stock price upward.

JJPTR

132 posts

Posted by JJPTR > 1 week ago | Report Abuse

Morning up, afternoon down again?

ChloeTai

1,441 posts

Posted by ChloeTai > 1 week ago | Report Abuse

Ever since the 29 cents dividend, it could not cover the gap.

Mabel

23,858 posts

Posted by Mabel > 1 week ago | Report Abuse

It seems all Mabel's 3 Banks took a slight deep today...

So Far all 3 Banks are holding up steadily...

Mabel

23,858 posts

Posted by Mabel > 1 week ago | Report Abuse

Waiting for nice Dividend...

Yum Yum Yum

Income

10,982 posts

Posted by Income > 1 week ago | Report Abuse

The last S

Reggie

44 posts

Posted by Reggie > 1 week ago | Report Abuse

overpriced.

newbie2019

1,814 posts

Posted by newbie2019 > 1 week ago | Report Abuse

depends on ur position… if 5.5% interest is not attracting to you… then overpriced

nhbeen

195 posts

Posted by nhbeen > 1 week ago | Report Abuse

If one have an alternative investment product to deliver much higher return than 5.5%, then one could consider divest some Maybank holding to diversify/broaden the income streams. Else, reinvest the dividend received to enjoy the compounding effect for years to come.

LossAversion

1,710 posts

Posted by LossAversion > 1 week ago | Report Abuse

Well, to me Gas Malaysia's dividend yield of 6.2% is good enough although it is a boring stock. But that doesnt mean I would divest Maybank. Maybank is still a darling!

pang72

50,844 posts

Posted by pang72 > 3 days ago | Report Abuse

Sotong is almost breaking all time high...

Tiger shall start to roaring

pang72

50,844 posts

Posted by pang72 > 3 days ago | Report Abuse

$11 is a matter of time within this week

pang72

50,844 posts

Posted by pang72 > 3 days ago | Report Abuse

Let's make Tiger breaking $11 tmr..

Index will fly all time JUGA...

Mabel

23,858 posts

Posted by Mabel > 3 days ago | Report Abuse

Meow Meow Meow

Posted by Tedinvestor > 2 days ago | Report Abuse

Kinda disappointing compared to cimb

Posted by prudentinvestor > 2 days ago | Report Abuse

For the index to break all time high, Maybank needs to go up to at least RM13 and Public Bank to around RM6.

Mabel

23,858 posts

Posted by Mabel > 1 day ago | Report Abuse

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

Mabel

23,858 posts

Posted by Mabel > 1 day ago | Report Abuse

Look like Mabel's 3 Great Builders of Infrastructures, Properties and Data Centers; Gamuda, Sunway and Sime Darby Property are on it's way to hit all time high...

Soon Banks will be joining soon..

bullrun168

462 posts

Posted by bullrun168 > 16 hours ago | Report Abuse

King In China For High-Speed Rail Investment Discussion: Reuters
https://www.businesstoday.com.my/2024/09/20/king-in-china-for-high-speed-rail-investment-discussion-reuters/

Posted by Steven Chan > 15 hours ago | Report Abuse

Ringgit at record high 4.18 against us$. Banks go fatt fatt fatt

Posted by prudentinvestor > 14 hours ago | Report Abuse

Not record high yet, highest in around 30 months lah. Ringgit rose to less than RM3 to a US$ over 30 years ago. That was the record high.

stkoay

6,380 posts

Posted by stkoay > 13 hours ago | Report Abuse

Topped up this one at 10.64....
close....in the red 4 sen :(

stkoay

6,380 posts

Posted by stkoay > 13 hours ago | Report Abuse

On April 19th onwards, switched some of this to sotong...
...today, start to slowly switch back :p

stkoay

6,380 posts

Posted by stkoay > 13 hours ago | Report Abuse

Sotong upped RM2
this one up RM1.....since then

pang72

50,844 posts

Posted by pang72 > 13 hours ago | Report Abuse

Tiger a bit weak recently but I believe Tiger will catch up.
Overall, banking performance is great

Posted by prudentinvestor > 13 hours ago | Report Abuse

CIMB Bank has probably completed its full course but Maybank is likely 75% through.

pang72

50,844 posts

Posted by pang72 > 11 hours ago | Report Abuse

I think banking still hv many many full course to complete..
Perhaps, it is appetizer only

Posted by prudentinvestor > 10 hours ago | Report Abuse

Of the 30 KLCI component counters, bank counters trade at the lowest PEs. If bank counters could trade at PEs of above 15, then the recent bank rally still has some way to go.

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