Posted by anghui > 2013-08-01 12:54 | Report Abuse

At par today I think.

Posted by ImmortalBull > 2013-08-01 19:20 | Report Abuse

Shoot up around closing. Tomorrow more to come !

Posted by lbhock123 > 2013-08-01 21:51 | Report Abuse

i guess too much pressure to choose the best candidate..or interphearance from major shareholder

Posted by Abudance > 2013-08-02 06:16 | Report Abuse

Apprentice, maybank is a "government" bank so it need not look for customers. If cimb of any other bank was given as second choice for civil servants, I would bet its world rating would go down. IT is do basic and first time they are upgrading since inception.

Posted by anghui > 2013-08-02 08:57 | Report Abuse

Friday !!!
A bearish or bullish market today ?
Going up further today I guess.

Posted by yewliong > 2013-08-02 15:00 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/08/02/Maybank-to-announce-new-group-president-and-CEO.aspx

Posted by pathew > 2013-08-02 15:36 | Report Abuse

announce CEO then drop??

Posted by Grandma > 2013-08-02 23:51 | Report Abuse

Grandma see no wow factor in Farid. No excitement here.

Posted by Gjoey > 2013-08-03 01:40 | Report Abuse

Well said grandma. They need Zafrul then tony as deputy?
Haha

Posted by anbz > 2013-08-03 01:41 | Report Abuse

why is it maybank is pricier so much compared to cimb..can anyone explain? overbought theory?

Posted by Grandma > 2013-08-03 10:55 | Report Abuse

Young man Apprentice, 100 days is too long.

Posted by Abudance > 2013-08-03 18:43 | Report Abuse

Apprentice, am not govt servant. Was an ex-bsnker. Farid said that he is juz going to execute what's planned for till 2015. Doesn't look like he is game changer. General all ehy stocks downtrend cos of Fitch negative downgrade of Malaysia. BN also had asked all banks to meet Basel 111 and CAR. Better it readjust now so that banking sector doesn't get into trouble.
If you want to know good service and game changer... Go to cimb and see their staff and customer service staff help you!
Apprentice, this is a form to share so we will all be able to help one another. No need to insult grandma and Anbz even though he seems to promote to buy a particular stock!

Posted by Abudance > 2013-08-03 22:48 | Report Abuse

Yes, I bought MBB some 2 years ago when it was rm8.90 and it took a long long time for it to move that I sold it cos so much talk abt USA crash and GE election date that kept postponing.... Many expecting after GE stocks down. Aiyoh... It sent up instead! I switched to mbsb for growth Stock. Yes, I know the reinvestment program as I received them before :)
Since it dropped a lot, was considering it.
Juz concern if suddenly I bought in and the people that bought 2 mil in block eill start up & down play ... As u know ... Timing is of the essence in the market with all right situations.
Thanks for sharing. Very helpful as I haven't been watching MBB for a long time.
I bought cimb also and sold. Never bought again cos not as good dividend.

Posted by Abudance > 2013-08-03 22:49 | Report Abuse

Thanks, apprentice for sharing. I'm sure others benefitted also! :). Vtw, m not offended. For grandma maybe :).

Posted by bsngpg > 2013-08-04 09:43 | Report Abuse

Hi Apprentice :
1) I like your comments and thank you for your contribution to investing community.
2) “Quote from SinChew, 2012-07-17 19:09, 大馬研究披露，馬銀行曾經暗示，一旦全面採取108條文，派息率將從75至80%大幅降至40至60%。”
I cannot find an official announcement thus far from MBB on formal Policy on DPO. So I assume it varies depending on macro and micro environment.
3) I agreed with your view that services from MBB are good but is still far away from PBB and behind CIMB. If the mktg is a real fare and equal, it has no way to complete with PBB.
4) In my view, CIMB is more efficient than MBB judging from its products, e-banking, counter services and also the name of non-pure “Ali” in the senior management team i.e relatively more meritocracy. I started to keep CIMB beginning in 2009 till today with ave cost RM6.1. It has been allocated to my third son’s education fund who is at 7 now.
5) I also agreed that MBB is a counter can be kept for very long term. I always asked my conservative friends to invest in MBB(~RM8 at that time, 2010-2011) via a small story: “ Hi buddies, there is a corner shop office for sale at RM800K. MBB wants to have a long term lease on that shop with 6-8% annum rental. Do you interested to buy? The immediate response was “YES” and would commit a loan to buy the shop. Then I asked them just go to KLSE buying MBB at ~RM8(at that time). And now the one who believed my story always called me expressing his appreciation.”
Thanks

Posted by bsngpg > 2013-08-04 12:19 | Report Abuse

Hi Apprentice :
In my 20 yrs experience in KLSE, I made very good return on div counters such as Zhulian, MBB, LPI, CIMB, Tanjung to name a few but losing all earning while punting penny stocks occasionally such as Scomi, Latexx, Olympia, AKN, Matseel. So I strongly disagree for ordinary investors to punt on any penny stock. Thing will become worst if they made some profit in their early punting which will push them to gambling rather than investing. Once tasting blood, it is very difficult to withdraw yourself and end out paying with blood. I would like to quote a line from an article from i3investor which I read yesterday “第四步，百万富翁并不是因为投资高风险的股票而致富的，他们大多数只投资一般的绩优股，慢，但是低风险地敛财。” Hopefully you can read Mandarin.
Thanks.

Posted by crawler > 2013-08-04 12:39 | Report Abuse

well said

Posted by iafx > 2013-08-04 12:46 | Report Abuse

not all penny stocks r bad. juz to name a few; myeg, alam, muhibbah etc etc once a penny stock for quite some time, amprop, redtone, maa, adventa etc currently penny stocks some even PN17, but these r no ordinary one should u look into details; sooner or later will surge pass $1 and more.

ppl often put themselves in high risk for penny earning; invest 10K looking for 500 return; while risk 2500 in return. that's not wise at all but ppl tot they can win everyday :)

Posted by bsngpg > 2013-08-04 13:31 | Report Abuse

Hi iafx : You are right, not all penny stocks are bad. Big stocks grow from penny too. My favorite Zhulian was small when it was listed few yrs back and till today it is not big too. My point is that a lot of ordinary investors have no good access to information or even do not know how to find and read information. It is better for them to play safe on big counters with less fabulous return and less risk rather than wonderful return but big risk. I do not believe Warren Buffet invests in penny stocks, may be I am wrong. My believe is that when ordinary investors punted the right penny stock once, the return is huge and addictive which will potentially seduce them into a no return route – gambling. Just my 2 cents opinion. Thank you.

Posted by bsngpg > 2013-08-04 13:47 | Report Abuse

Honestly, I still have some penny stocks in jail for few years already, i.e. Notion and Masteel-W. Waiting for opportunity to rescue them. Ha, ha. Shame to me.

Posted by iafx > 2013-08-04 15:41 | Report Abuse

bro, nothing is to be shame about, didn't learn from lesson is. anyway, about stocks in jail for long time, try http://klse.i3investor.com/servlets/forum/600034210.jsp

Posted by bsngpg > 2013-08-04 17:23 | Report Abuse

Iafx : thank you. Lesson was learned but there are gambling bugs flowing in my blood, thus till today I do not make a good return from KLSE. Nevertheless I have a dream to make a good return one final day. 人生有梦才伟大. Life is interesting only with dream. Bye.

Posted by Abudance > 2013-08-04 18:59 | Report Abuse

Apprentice, so did u sell all your MBB and mbsb stocks cos of BN"s regulations? Thanks for sharing.

Posted by chengyee > 2013-08-04 19:46 | Report Abuse

Lol.. Cool husband.

Posted by Abudance > 2013-08-04 21:24 | Report Abuse

Ha10. Apprentice. "That woman" is the mother of your children and friend :). You must be a cool husband and father. Fun and thorough. In sure she loves you ... When she get big fat dividend cheque... I'm due you have happy noctunal time ha3. Best happy hour for you!

Posted by anbz > 2013-08-04 21:48 | Report Abuse

what...penny stock is discussed heavily here? hehe

Posted by yanierazali > 2013-08-05 10:13 | Report Abuse

Appointment of the new CEO not helping to push the share up.

Posted by anghui > 2013-08-06 14:53 | Report Abuse

Good time for us to garner MBB shares after 4 pm tomorrow. I expect there would be a drop as speculators are not willing to hold it till next week.

Posted by apprentice > 2013-08-06 14:55 | Report Abuse

My dear anghui, tomorrow market close at 12.30.

Posted by anghui > 2013-08-06 14:59 | Report Abuse

Oh .. thank you so much apprentice, then I shall get in to buy at noon ... ha ha..

Posted by sean > 2013-08-12 13:41 | Report Abuse

Up liao

Posted by vinvin > 2013-08-15 21:26 | Report Abuse

Price still looks cheap, active with good support, moved within few sen up n down.

Posted by vinvin > 2013-08-16 09:19 | Report Abuse

Morning session always heading south n hope will recover in the afternoon. Trade wisely n good luck.

Posted by ckwan > 2013-08-20 00:12 | Report Abuse

lackluster of late.

Posted by FrankyHot > 2013-08-20 11:42 | Report Abuse

drop a lot today

Posted by JTFX > 2013-08-20 11:46 | Report Abuse

financials bearing the brunt..getting hit....

Posted by 5percent > 2013-08-20 12:22 | Report Abuse

is time for REIT

Posted by Jerry > 2013-08-20 15:10 | Report Abuse

finally break rm10 lvl... wow

Posted by tigerroar > 2013-08-20 15:16 | Report Abuse

madness!!!

Posted by Abudance > 2013-08-20 15:21 | Report Abuse

Apprentice, time to buy more MBB for your darling wife? :).

Posted by sean > 2013-08-20 15:31 | Report Abuse

wah, buy maybank liao

Posted by skelict > 2013-08-20 15:38 | Report Abuse

finance sector in on mega sales.

Posted by lwalk > 2013-08-20 15:38 | Report Abuse

everybody cheong'ing maybank

Posted by choonhock > 2013-08-20 15:52 | Report Abuse

MEGA SALES!!! buy buy buy......

Posted by jackport > 2013-08-20 16:58 | Report Abuse

sales come early........

Posted by apprentice > 2013-08-20 17:02 | Report Abuse

Abundance,ya, good time to buy. Want to hear newboy Farid tomorrow. Hope he didn't wet his pants.

Posted by suezeyen > 2013-08-20 19:48 | Report Abuse

Could it be the best time to short future?

Posted by Winner > 2013-08-20 19:51 | Report Abuse

What a volume.....

Posted by suezeyen > 2013-08-20 20:02 | Report Abuse

Today the volume so big!

Posted by lching > 2013-08-20 20:40 | Report Abuse

really a bad sign.