Posted by MRapolo > 2016-11-16 12:10 | Report Abuse

Forwardmind, buy 7.70 sell 7.78!!! How much you earn?

Posted by Forwardmind > 2016-11-16 12:13 | Report Abuse

MRapolo, I never count.. as I'll buy & sold 4 lot each time.

Posted by MRapolo > 2016-11-16 12:16 | Report Abuse

Do you know how much your broker house charge you every time you buy /sell?

Posted by lck1300 > 2016-11-16 12:46 | Report Abuse

EPF did all this shit , when all up EPF dump , when all down EPF also dump , thats why KLSE cannot up to 17XX

Posted by beso > 2016-11-16 13:32 | Report Abuse

will drop even more later

Posted by PlsGiveBonus > 2016-11-16 13:58 | Report Abuse

Everyday con people
This is worse than PPBank

Posted by lck1300 > 2016-11-16 14:37 | Report Abuse

haha , foreign fund disposed local fund also help disposed , when high abit local fund dispose to push down , how Ffund dare come in to catch knife ? stay forever 16XX or lower if they keep doing that ......

Posted by smartly > 2016-11-16 17:06 | Report Abuse

good to accumulate more... :)

Posted by Bennychua > 2016-11-16 22:46 | Report Abuse

http://www.klsescreener.com/v2/news/view/154715

Posted by Bennychua > 2016-11-16 22:47 | Report Abuse

U guys think is good news for maybank.or not?

Posted by hipster > 2016-11-17 12:35 | Report Abuse

the pattern is clear: $drop > ppl buy > $up > epf sell > $drop > ppl buy > $up > epf sell
and this will continue until epf unload the amount of shares they desire.
everyone should stop buying this counter even if the price is cheap, don't get played like a fool. and epf is the mother of all evil, sigh.

Posted by lck1300 > 2016-11-17 12:44 | Report Abuse

EPF should help push KLCI up to 1800 then disposed all high to Foreign fund , like that is earn moeny for country and rakyat , but EPF is doing backward , create low price for foreign fund to buy, when up ,EPF disposed with F.Fund together ..... make KLCI laosai ..........

Posted by smalltimer > 2016-11-17 12:49 | Report Abuse

bumper dividend?

Posted by Junichiro > 2016-11-17 14:29 | Report Abuse

I agree with u. If u observe, EPF is buying n selling Maybank. They are trading to make $$$.

Posted by thinkndo > 2016-11-18 12:10 | Report Abuse

Do not fall into the game trap. Be cautious and always believe to what you see and what you think. Market performance may not need to be trusted fully. Could be just an illusion, may always show to you something which sound irrational. Gameplay is not always fair and transculent. That's the fact. Good luck guys!

Posted by skay > 2016-11-22 16:40 | Report Abuse

Bennychua, sounds like good news to me. Selling the stake will generate cashflow and improve quarter results. Especially when it is a non-performing investment.

Posted by mushimushi > 2016-11-22 17:27 | Report Abuse

Maybank 3rd quarter is coming in the next 5-10 days. very very nervous, kekeke. Big small gamble again.

Posted by lck1300 > 2016-11-22 19:14 | Report Abuse

sell visa so much cash in pocket , lol ~

Posted by Forwardmind > 2016-11-23 11:16 | Report Abuse

Beware of coming FED interest hike in US

Posted by Xiao Mi > 2016-11-23 11:51 | Report Abuse

When is the decision of US interest rate will be announced?

Posted by Zea XG > 2016-11-23 11:56 | Report Abuse

December 14 or 15. 90% chance of rate hike of 25bps

http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

Posted by Qogir > 2016-11-23 12:45 | Report Abuse

Yeah results out soon and also next quarter dividend time , stay tune

Posted by kianno > 2016-11-23 15:04 | Report Abuse

bought at 7.66.

Posted by mushimushi > 2016-11-23 17:18 | Report Abuse

3rd quarter tomorrow or Friday.

Posted by The One • > 2016-11-23 21:41 | Report Abuse

Those that play warrants.. monitor closely and take xtra care ya.. coz at this juncture.. all are worth not even toilet papers. Gudluck !!

Posted by chamlo > 2016-11-24 13:01 | Report Abuse

Profit drop 5%.
http://www.malaysiastock.biz/Latest-Announcement.aspx

Posted by CK Tan > 2016-11-24 13:06 | Report Abuse

Good or bad news ??

Posted by voon1900 > 2016-11-24 13:11 | Report Abuse

bad news...sell dwn to 7.00...one weeks later wil become 6.00

Posted by beso > 2016-11-24 13:25 | Report Abuse

sure drop one

Posted by kianno > 2016-11-24 13:42 | Report Abuse

if down some more, I want to cut loss

Posted by CUTLOST > 2016-11-24 14:29 | Report Abuse

Enjoy the ride..afternoon Uptrending

Posted by kianno > 2016-11-24 15:26 | Report Abuse

buy at 7.67 to average

Posted by smalltimer > 2016-11-24 15:39 | Report Abuse

KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a stronger set of earnings in the third quarter ended Sept 30, 2016 at RM1.79bil – an improvement from the preceding two quarters.
http://www.thestar.com.my/business/business-news/2016/11/24/maybank-posts-improved-q3-earnings-of-rm1pt79b/

Posted by omnigunk > 2016-11-24 16:18 | Report Abuse

EPS up, definitely share price will go up!

Posted by gusheng > 2016-11-24 16:37 | Report Abuse

all sifu here. with this result, will it fly back to 8.0?

Posted by smartly > 2016-11-24 16:37 | Report Abuse

patient.

Posted by The One • > 2016-11-24 16:43 | Report Abuse

Quite difficult bcoz of the weak market sentiments and depreciating Ringgit. Many companies may face problems in which financial institutions will be negatively affected. Next year may be worse due to increase in costs and weaker spendings. Just my 2 cents plus GST (by the way may also increase another 2% next year). Also watch out for FED interest hike.. hmm

Posted by Daz Ng > 2016-11-24 16:48 | Report Abuse

market ald price in the fed hike. 25 basis point is nothing la. Donld Trmp is going to print money like nobody business and weaken the dollar so that US goods can export. Bull run is coming and our market will follow once foreign fund profile adjustment/relocation is done.

Posted by gusheng > 2016-11-24 16:56 | Report Abuse

@the one sifu, which mean , good result also wont help much?

Posted by Bennychua > 2016-11-24 17:31 | Report Abuse

Currency is the killer now.

Posted by The One • > 2016-11-24 18:34 | Report Abuse

Also EPF and other big funds most prolly will sell when the price go up.. hmm

Posted by lck1300 > 2016-11-24 19:40 | Report Abuse

EPF no support what good news also no use~

Posted by The One • > 2016-11-24 20:24 | Report Abuse

Agreed.. also just sharing..

http://www.theedgemarkets.com/my/article/maybanks-3q-profit-falls-lowers-loan-growth-outlook

Posted by Short > 2016-11-24 20:35 | Report Abuse

Good showing.

The biggest hit on a bank the impairment loss is now contained and fully provided by Maybank.

All impairment from O&G would have been identified and provided for by this QR.

No more major impairments, results will be uptrend from now on.

Posted by Short > 2016-11-25 07:35 | Report Abuse

As the group has proactively restructured and rescheduled borrowers' facilities in 1HFY16, the group continues to monitor the impaired status of these loans with the intention of recognising some recoveries in 2HFY16," the bank said.

Not just contained and fully provided by Maybank, in fact, it has the ^^^ intention of recognising some recoveries in 2HFY16," the bank said.

Posted by Short > 2016-11-25 08:58 | Report Abuse

The key highlight for 3Q16 was the normalisation of the LLP from RM800mil to RM1bil (US$180mil to RM224mil) in 1Q-2Q16 to RM370mil (US$83mil) in 3Q16.


KUALA LUMPUR: CIMB Equities Research is retaining an Add for Malayan Banking Bhd (Maybank) based on an earnings recovery, regionalisation and expansion and tagged a target price of RM9.20.

The research house said on Friday that Maybank, Southeast Asia’s fourth largest bank by assets, would benefit from a recovery in earnings contribution from Indonesia and also the ongoing regionalisation of its operations. Another factor would be the regional expansion of its insurance and Islamic banking businesses.

“We view the drop in 3Q16 loan loss provision (LLP) positively and the management is guiding for a further reduction in LLP in 4Q16. The downside risks to our target price include a spike-up in credit costs and wider-than-expected margin erosion,” it said.

CIMB Research pointed out although the 9M16 net profit only accounted for 68% of its full-year forecast, it regards the results as in line on anticipation of stronger 4Q16 earnings from an expected one-off gain from the sale of shares in Visa Inc and lower provisioning.

“Based on the same reasoning, the results would have been above market expectations at 73.2% of consensus,” it said.

The key highlight for 3Q16 was the normalisation of the LLP from RM800mil to RM1bil (US$180mil to RM224mil) in 1Q-2Q16 to RM370mil (US$83mil) in 3Q16.

“We are also encouraged that the net interest margin only dipped by one basis point on-quarter to 2.22% in 3Q16 despite a rate cut in July 2016, thanks to the bank’s active asset-liability management to limit the margin compression. However, 3Q16 net profit fell 5.4% on-year due to stalled loan growth and lower foreign exchange income (from higher base last year).

CIMB Research pointed out that after a rise in the preceding three quarters, Maybank’s gross impaired loan (GIL) ratio fell from 2.34% in June 2016 to 2.22% in September 2016 while loan loss coverage strengthened from 70.5% to 74.8% over the same period.

“The positive take from the conference call was the management’s guidance for an even lower credit cost in 4Q16 (vs. 3Q16). On the flip side, we are negative on the management’s downward revision of its targets for FY16 – from 11%-12% to 10.5-11% for return on equity and from 8-9% to 2-3% for overall loan growth.

“We cut FY16-18F EPS forecasts by 2%-13% as (1) we lower projected FY17-18 loan growth from 9%-10% to about 3% on the assumption that FY17-18 loan growth would be close to the management’s target for 2016, and (2) raise the assumed share base from 9.8 billion shares to 10.2 billion shares for FY16-18F to factor in the new shares issued under the dividend reinvestment plan.

“As a result, our dividend discount model-based target price falls from RM10 to RM9.20 despite the roll-over of the TP to end-2017,” it said.

Posted by Short > 2016-11-25 09:26 | Report Abuse

The feared O&G drag down is over. The worst is over for Maybank.

Posted by Warn3r > 2016-11-25 09:30 | Report Abuse

I also hope MBB can reach > RM 9 in a year's time and EPF don't be the stir sht stick that it has been.

Posted by voon1900 > 2016-11-25 15:24 | Report Abuse

c24

Posted by MuttonCurry > 2016-11-28 09:26 | Report Abuse

Welcome to the land of the waterfalls ... The rainy season is well and truly upon us :( ... sigh