MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

10.50

Today's Change

-0.16 (1.50%)

Day's Change

10.50 - 10.68

Trading Volume

9,355,500


38 people like this.

23,285 comment(s). Last comment by Reggie 8 hours ago

masterus

3,593 posts

Posted by masterus > 2017-08-31 20:56 | Report Abuse

ENVIRONMENT & HEALTH HONG KONG
Another tropical cyclone brewing in S.China Sea to bring more wet weather to Hong Kong this weekend
31 August 2017 13:05 Karen Cheung2 min read
FBTwitterFlattrRedditDonate
Another tropical cyclone may bring more unstable weather to Hong Kong over the weekend, just a week after two back-to-back storms caused strong winds, flooding, and transport havoc across the city.

hstha

3,324 posts

Posted by hstha > 2017-08-31 22:13 | Report Abuse

Wow, oil is so bullish today!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-31 23:08 | Report Abuse

hengyuan petronm early up 10cent

Red_Apollo

125 posts

Posted by Red_Apollo > 2017-09-01 17:45 | Report Abuse

Revenue drop and profit QOQ why say good?
http://klse.i3investor.com/servlets/stk/fin/1155.jsp

Explode

1,171 posts

Posted by Explode > 2017-09-01 17:48 | Report Abuse

Everywhere can see idiot red apollo keep commenting rubbish

hstha

3,324 posts

Posted by shortinvestor77 > 2017-09-02 11:51 | Report Abuse

MBB will climb above RM10 while KLSE will climb above 1780.

masterus

3,593 posts

Posted by masterus > 2017-09-02 14:49 | Report Abuse

THE EXPRESS TRIBUNE > BUSINESS
US dollar losing its lustre


NEW YORK: In times of uncertainty or crisis, investors typically take refuge in safe options like the Swiss franc, gold or the US dollar, but under President Donald Trump the greenback has lost its lustre, especially to the euro. After this week’s North Korean missile launch over Japan raised fears it could trigger a major conflict, the single European currency rose above the symbolic threshold of $1.2 for the first time since January 2015. “The dollar and US Treasuries are typically safe haven assets. But no one really wants to own the dollar right now,” said Brad Bechtel, head of foreign exchange trading at Jefferies. US monetary policy also plays a role in the dollar’s relative value as do comments – or the absence thereof – from central bankers.

joetay

3,737 posts

Posted by joetay > 2017-09-02 20:59 | Report Abuse

@goldentriangle,

u shld be asking if klci can climb above 1800, not above 1780.

Posted by shortinvestor77 > 2017-09-03 23:54 | Report Abuse

Yes. SE Asia is a booming zone. We will see lot of investors to come.
http://klse.i3investor.com/blogs/kianweiaritcles/131424.jsp

Beza

1,847 posts

Posted by Beza > 2017-09-05 10:52 | Report Abuse

FORECAST

We are maintaining our FY17 and FY18 forecast.
VALUATION AND RECOMMENDATION

We are pleased to see the Group's operation continues to improve, especially with the strong growth in NII. While asset quality remains our concern, it is allayed by the fact that we believe that it is well contained. We believe that with the operation improving further in Indonesia, there is still some potential upside to the stock. As such, we are maintaining our BUY call with unchanged TP of RM10.30, based on PB multiple of 1.4x. Although, the expected total returns is slightly below our threshold of +15%, we are making an exception as in our opinion, the Group's earnings recovery have not been fully priced in. Additionally, a dividend yield of +5.8% should limit any potential downside.

Source: MIDF Research - 5 Sept 2017

Posted by shortinvestor77 > 2017-09-05 20:45 | Report Abuse

KUALA LUMPUR: The local banking sector is expected to see its earnings grow 10.6 per cent this year, according to Affin Hwang Capital.

This will ease to a more modest 38 per cent next year before slightly rising 4.1 per cent in 2019, the firm said in a report today.

Affin Hwang Capital said favourable domestic demographic trends (driving consumption and housing needs), ample infrastructure projects in the pipeline and accommodative monetary policy are supportive reasons for the growth in earnings.

“The sector’s overall valuation in 2017 still appears attractive at a 1.35 times price to book value multiple (on a forward basis) against the past 10-year average of 1.6x and the past five-year average of 1.5x,” it added.

Key risks for the sector include new bad loan formation, net interest margin compression, higher funding costs, weaker loan growth and much higher provisions on FRS 9 (financial reporting standards) adoption.

Affin Hwang Capital’s top picks are AMMB Holdings Bhd, Public bank Bhd and Malayan Banking Bhd.

The firm upgraded its rating on AMMB from “hold” to “buy” with a price target of RM5.20 (based on 0.9x P/BV on calendar year 2018). “We believe the recent selling of the stock is unjustified (currently trading at 0.77x P/BV versus the sector at 1.35x), subsequent to the aborted merger plan with RHB Bank Bhd,” it added.

Posted by diehardunited > 2017-09-10 18:37 | Report Abuse

I'd rather bet into this stock. Giant in the making! Get ready for the LIMIT UP SOON!
http://klse.i3investor.com/m/blog/warrenbuffet/131824.jsp

hstha

3,324 posts

Posted by hstha > 2017-09-10 22:23 | Report Abuse

China's money rates fall, thanks to few signs of liquidity stress
https://www.reuters.com/article/china-bonds/chinas-money-rates-fall-thanks-to-few-signs-of-liquidity-stress-idUSL4N1LP32M

hstha

3,324 posts

Posted by hstha > 2017-09-10 22:28 | Report Abuse

Ringgit uptrend expected to continue till year-end http://m.thesundaily.my/node/480651

hstha

3,324 posts

Posted by hstha > 2017-09-11 20:07 | Report Abuse

Foreign buying of Malaysian equity jumped to RM362.6 million last week, says MIDF Research http://www.theedgemarkets.com/article/foreign-buying-malaysian-equity-jumped-rm3626-million-last-week-says-midf-research

masterus

3,593 posts

Posted by masterus > 2017-09-12 10:59 | Report Abuse

image: http://www.thestar.com.my/~/media/online/2016/12/19/02/14/ringgit-dec15.ashx/?w=620&h=413&crop=1&hash=E7F62D61716F93AE1B19E58FB7073315790FFC9B


KUALA LUMPUR: AmInvestment Research is maintaining its positive view on the ringgit due to six factors which include the stronger economic growth, healthy inflow of foreign funds into the equities market and easing inflation pressure.

It said on Tuesday its positive outlook was firstly, the better-than-expected 1Q and 2Q GDP growth of 5.5% and 5.8%.

The higher GDP growth has prompted it to revise upwards its full year 2017 GDP to between 5.7% and 5.9% supported by strong exports and complement with domestic activities;

Secondly, it also noted the healthy inflow of funds into the equity market with net inflow year-to-date around RM10.7bil after registering net outflow for three consecutive years while foreign holdings in Malaysian Government Securities (MGS) at 40.32% which is equivalent to RM150.9bil.

Thirdly, it expects inflation pressure to ease in 2H2017 to average around 3.0%-3.3% from 4.1% in 1H2017 bringing the full year average to around 3.5%-3.7% as a result of lower cost push pressures with a more stable fuel price.

Fourthly, the research house envisages the current negative real returns could potentially fade away with the Overnight Policy Rate expected to stay unchanged at 3% as inflation pressure eases.

“Still we maintain a 45% chance for a rate hike by 25bps in 4Q2017 should demand pull inflation picks up strongly while supporting GDP,” it said.

Fifthly, the onshore sentiments on the ringgit has improved supported with strong external reserves which has surpassed the US$100bil mark, now is at US$100.5bil.

As for the sixth factor, it expects the continued weakening pressure on the US dollar index (DXY) index due to the ongoing sentiments in the US. We expect the DXY index to be around 90-91 in 2017.

The DXY is an index (or measure) of the value of the dollar relative to a basket of foreign currencies.

“From our estimates, it shows more room for the ringgit to strengthen. Our fair value for the ringgit is around 3.95 against the US$. However, our year-end target for ringgit is 4.12 while our full year average is 4.31.to 4.33,” it said.

Read more at http://www.thestar.com.my/business/business-news/2017/09/12/aminvestment-research-positive-on-ringgit/#EkGfT9D409C5XpSc.99

apanama

3,796 posts

Posted by apanama > 2017-09-13 20:13 | Report Abuse

Just be careful for POST DIVIDEND...'Accounting treatment'..'Accounting Massaging'..:)..Take care and all the best...well done for those who brave enough to buy Maybank at RM 9.40++ and Maybank C-31..at RM 0.10...:)..

masterus

3,593 posts

Posted by masterus > 2017-09-13 23:42 | Report Abuse

KUALA LUMPUR: The ringgit is expected to continue to strengthen against the US dollar, with an economist predicting it may even hit RM4 to a US dollar at the end of the year.
The optimism is based on the good growth in trade and the gross domestic product (GDP). The economy achieved a 5.8% growth in April-June.
The Malaysian Reserve quoted Sunway University Business School economics Professor Dr Yeah Kim Leng as saying: “The ringgit has been trading higher these days due to the above-expectations performance of Malaysia’s economy, including the growth in trade and GDP.
“Since we have already reached RM4.19 in early September, I would say that it is possible for the ringgit to reach around RM4.10 to RM4 in December.”

masterus

3,593 posts

Posted by masterus > 2017-09-14 07:08 | Report Abuse

Brent upward to $55 and above.

masterus

3,593 posts

Posted by masterus > 2017-09-14 07:20 | Report Abuse

China Prepares Sale of $2 Billion in U.S.-Dollar Bonds



The government is preparing to sell $2 billion in bonds this month, and investment banks are pitching for a role in the deal, according to bankers in Hong Kong.

While the planned sale isn't large and is mostly symbolic, it would be China's biggest-ever U.S.-dollar bond sale and its first since October 2004, when the country raised a total of about $1.7 billion from selling dollar- and euro-denominated bonds that matured in five and 10 years.

China's Ministry of Finance didn't immediately respond to requests for comment.

China has about $200 million in outstanding U.S.-dollar sovereign-debt issues that it is scheduled to pay off in 2027 and 2096, and those bonds yield about 3.3% and 4% respectively, according to research firm CreditSights. The country issued several global bonds in the 1990s, including a 100-year $100 million bond in 1996 with a 9% coupon.

Posted by LogicTrading > 2017-09-14 14:24 | Report Abuse

Switching my all portfolio to Petronm....................could get better return

Stock: [PETRONM]: PETRON MSIA REFINING& MKTG BHD
Aug 1, 2017 10:50 AM | Report Abuse

Petronm is poised to surge much stronger later with the cup handle formation and limited sellers.

But what I like most are :
1. Strong and consistent FCF
2. Debt running down fast
3. Business growing with good marketing strategy
4. Proven quality management (vs HY's yet to be tested)
5. Dividend payout (HY not paying)
6. Earnings consistently being strengthened
7. Backed by established industry leader in Philippines
8. Forward P/E of at least 10x

apprentice

789 posts

Posted by apprentice > 2017-09-14 17:13 | Report Abuse

Eh, why post under Maybank? Where the logic? Go post in Petronm.

Posted by shortinvestor77 > 2017-09-14 17:16 | Report Abuse

Agree, Ilogical.

hstha

3,324 posts

Posted by hstha > 2017-09-14 23:39 | Report Abuse

Bitcoin exchange BTCChina to stop trading from 30 September
BTCChina says it would stop all trading from 30 September, setting off a further slide in the cryptocurrency value that left it over 30% away from the record highs it hit earlier
http://www.livemint.com/Industry/6ddQb8ZVHXbhmiPhQUlUcP/Bitcoin-exchange-BTCChina-to-stop-trading-from-30-September.html

hstha

3,324 posts

Posted by hstha > 2017-09-15 00:15 | Report Abuse

Wall St drops as CPI data boosts Dec rate hike odds | http://www.klsescreener.com/v2/news/view/280981

investmalysia

1,454 posts

Posted by investmalysia > 2017-09-15 11:39 | Report Abuse

does anyone know when is the ex date for div?

masterus

3,593 posts

Posted by masterus > 2017-09-15 11:52 | Report Abuse

North Korea fires second ballistic missile over Japan
50 minutes ago

People in Seoul watch a news report about the missile launch (15 Sept 2017)Image copyrightAFP
North Korea has fired a ballistic missile across Japan, its second such provocative move in weeks.
South Korea's military said the missile reached an estimated altitude of about 770km (478 miles) and travelled 3,700km before landing in the sea off Hokkaido.
Japan's PM Shinzo Abe said his country would "never tolerate" North Korea's dangerous actions.
"If North Korea continues to walk down this path, it has no bright future," he said in a statement.

Posted by tantan2017 > 2017-09-15 19:24 | Report Abuse

why can't find any details regarding the upcoming dividend? like the ex date & the DRP offer price. Anyone know?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-17 12:23 | Report Abuse

guy. election really will coming this year. wait tonight or tmrw news. either announce 2018 budget or election. so how your guy opinion. bursa will red during early election or rise?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-17 19:04 | Report Abuse

Haha stupid announcement. Damn

masterus

3,593 posts

Posted by masterus > 2017-09-18 10:03 | Report Abuse

Brent stay at $55 level and above.

masterus

3,593 posts

Posted by masterus > 2017-09-18 10:08 | Report Abuse

While there was relief the weekend passed with no new provocation by North Korea, Pyongyang's nuclear ambitions will be centre stage when US President Donald Trump addresses world leaders at the United Nations on Tuesday.

Some detail of Trump's tax plans may also emerge this week, while elections in Germany and New Zealand will add extra political uncertainty to the mix.

isandy

73 posts

Posted by isandy > 2017-09-18 15:21 | Report Abuse

what causes the sudden increase

smartly

6,431 posts

Posted by smartly > 2017-09-18 18:49 | Report Abuse

23sen dividend ex 29/9

wwwin

189 posts

Posted by wwwin > 2017-09-18 18:49 | Report Abuse

1155 MAYBANK MALAYAN BANKING BHD
Single-tier interim cash dividend RM0.23 (with Dividend Re-Investment Plan)

Entitlement Details:
Single-tier interim cash dividend in respect of the financial year ending31 December 2017 of RM0.23 per ordinary share of Maybank


Entitlement Type: Interim Dividend (with Dividend Re-Investment Plan)
Entitlement Date and Time: 03/10/2017 05:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2017
EX Date: 29/09/2017
To SCANS Date:
Payment Date: 01/11/2017
Interest Payment Period:
Rights Issue Price: 0.000
Trading of Rights Start On:
Trading of Rights End On:
Stock Par Value:

Share transfer book & register of members will be closed from 04/10/2017 to 04/10/2017 (both dates inclusive) for the purpose of determining the entitlements

A Depositor shall qualify for the entitlement in respect of:
- Securities transferred into the Depositor's Securities Account before 03/10/2017 04:00 PM in respect of ordinary transfers.
- Securities transferred into the Depositor's Securities Account before in respect of express transfers.
- Securities deposited into the Depositor's Securities Account before 29/09/2017 12:30 PM in respect of securities exempted from mandatory deposit.
- Securities not withdrawn from the Depositor's Securities Account as at .
- Securities bought on BMSB on a cum entitlement basis according to the Rules of the BMSB.

Registrar's Name and Contact:
Tricor Investor & Issuing House Services Sdn BhdUnit 32-01, Level 32, TowerA Vertical Business Suite, Avenue 3 Bangsar SouthNo. 8, Jalan Kerinchi59200Kuala LumpurTelephone number : 603 - 2783 9299Fax number: 603 - 2783 9222 Emailaddress: is.enquiry@my.tricorglobal.com


Remarks:
You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com

Posted by shortinvestor77 > 2017-09-18 21:24 | Report Abuse

Yamee!

Posted by Seng Thye Ng > 2017-09-20 09:15 | Report Abuse

steady counter.......rm10.00

masterus

3,593 posts

Posted by masterus > 2017-09-20 13:36 | Report Abuse

BRUSSELS (Alliance News) - The US dollar weakened against other major currencies in the Asian session on Wednesday.

The US dollar fell to a 9-day low of 1.2019 against the euro, from yesterday's closing value of 1.1994.

Against the pound, the yen and the Swiss franc, the greenback dropped to 1.3531, 111.45 abd 0.9604 from yesterday's closing quotes of 1.3511, 111.59 and 0.9626, respectively.

If the greenback extends its downtrend, it is likely to find support around 1.21 against the euro, 1.36 against the pound, 109.00 against the yen and 0.94 against the franc.

masterus

3,593 posts

Posted by masterus > 2017-09-20 13:41 | Report Abuse

Russian seaports
Published time: 19 Sep 2017 | 13:41 GMT
Novorossiysk commercial sea port © Vladimir Astapkovich
Sputnik /
Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website.

To protect the interests of stevedoring companies with foreign currency obligations, the government was instructed to set a transition period before switching to ruble settlements.

According to the head of Russian antitrust watchdog FAS Igor Artemyev, many services in Russian seaports are still priced in US dollars, even though such ports are state-owned.

The proposal to switch port tariffs to rubles was first proposed by the president a year and a half ago. The idea was not embraced by large transport companies, which would like to keep revenues in dollars and other foreign currencies because of fluctuations in the ruble.

Artemyev said the decision will force foreigners to buy Russian currency, which is good for the ruble.

In 2016, his agency filed several lawsuits against the largest Russian port group NMTP. According to FAS, the group of companies set tariffs for transshipment in dollars and raised tariffs from January 2015 "without objective grounds."

The watchdog ruled that NMTP abused its dominant position in the market and imposed a 9.74 billion rubles fine, or about $165 million at the current exchange rate. The decision was overturned by a court in Moscow in July this year.

tecpower

3,536 posts

Posted by tecpower > 2017-09-21 08:39 | Report Abuse

The market should rebound today as it was bearish for a few days. The Dow was up.

hstha

3,324 posts

Posted by hstha > 2017-09-21 09:18 | Report Abuse

After the FOMC meeting USDMYR has risen. It should be good for export oriented stocks

Posted by michael_jackson > 2017-09-21 17:54 | Report Abuse

laughing all the way to bank....my dividend coming very soon.....thank you maybank....

Posted by malaysiakuku > 2017-09-21 23:31 | Report Abuse

tak rugi kalau simpan kat saham maybank.... kalau simpan kat bank, kadar faedah tersangat rendah.........paling bagus, saham maybank semakin naik.....dapat dividen lagi....hebat!!!

hstha

3,324 posts

Posted by hstha > 2017-09-22 20:31 | Report Abuse

European shares steady before German vote as N.Korea tensions weigh | http://www.klsescreener.com/v2/news/view/284137

hstha

3,324 posts

Posted by hstha > 2017-09-22 20:34 | Report Abuse

German economy to grow robustly | http://www.klsescreener.com/v2/news/view/284095

masterus

3,593 posts

Posted by masterus > 2017-09-23 11:10 | Report Abuse

Brent climb to $56.86/barrel

goracle

14 posts

Posted by goracle > 2017-09-24 15:24 | Report Abuse

Sifus, is it always better to push share price up before div ex. date? Or is it better to push share price down cause of DRP? I always thought better to suppress share price before DRP ex date so that able to get more shares due to lower DRP share price?

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