Posted by apprentice > 2018-03-01 11:35 | Report Abuse

Thanks Save. But cash settlement does not include date of expiry. So its, 10.18, 10.20, 10.26, 10.40 and 10.46. Cash settlement is 26.66 sen.

My average is 4.5 sen.

Posted by linges > 2018-03-01 11:39 | Report Abuse

26.66/4.5...almost 600%...superb..

Posted by tunkuismail > 2018-03-02 09:42 | Report Abuse

Maybank ni nak bagi dividen la

Posted by ironcrowz > 2018-03-02 12:59 | Report Abuse

Hi all, it's been pretty quiet here today, is C34 still worthy to buy at .44? Even at .44, mother at 10.5, C34 is still trading at discount of around 1%

Is all cw trading at discount a no brainer to buy?

Posted by skl6097 > 2018-03-02 14:13 | Report Abuse

hi ironcrowz,
C34 worth (RM10.46 - RM0.32 (div) - RM9.25 (ex-price) ) / 2.5 = RM0.356...
so now is RM0.435 still at premium...

Posted by ironcrowz > 2018-03-02 14:38 | Report Abuse

thx skl, sry i missed out the dividend, just started learning cw here haha..

Mother currently at 10.50, if premium 0.5%, c34 worth (1.005 x 10.50 - 9.25 - 0.32) / 2.5 = RM0.393
So better to buy again at RM0.40?

Posted by Fabien Extraordinaire > 2018-03-02 20:44 | Report Abuse

At current price, Maybank P/BV is 1.55 times, neither overly expensive or cheap, probably reasonable

Posted by apprentice > 2018-03-03 08:27 | Report Abuse

Is C34 still worth buying? Good question. We have to look at the movement of mother to determine if its worth buying at a price when punters would usually sell off the cw. A 32 sen dividend would reduce C34's worth by almost 13sen.

As we can see from the buy and sell queue, Amanah and EPF are buying and sell to each other and controlling the price. It may drop to 10.40 or even lower as the major shareholders would like to collect more shares from the DRIP. Once the DRIP price has been determined, price will move up sloooowly until Xdate. After Xdate price adjustment, it will rise about 10sen and will stay there for sometime.

Thats my experience with MBB and all the DRIPs I subscribed to, from the very first in 2010. Does not take into account the election 'factor'. So calculate the mother in June and see if its worth buying C34 now.

Posted by Save > 2018-03-05 00:50 | Report Abuse

My short term sell timing
(1) KLCI hit 1880 or above, or
(2) Maybank hit 10.70 or above, or
(3) Just before election announcement date or by 23-April (minor adjustment later), whichever is earlier
There is a need to monitor price action on 9-12th of March
Above is just my gut feeling, not much logic.....just to remind me to sell as always forgotten to sell when price is good. Any comment?

Posted by Jaya > 2018-03-05 04:50 | Report Abuse

Maybank has been a good share
Buy & keep, good returns every year
Under valued currently

Posted by apprentice > 2018-03-05 11:13 | Report Abuse

Save, when you say sell, are you referring to mother or cw?

Posted by ironcrowz > 2018-03-05 16:44 | Report Abuse

@apprentice i thought the 13sen reduction has already happened has it? When the dividend is announced on 28 Feb, C34 already dropped 10sen.

Btw how to view the buy and sell queue? From the trading platform? Mind to share what software u using? I haven gt a CDS a/c that's why...

Xdate price adjustment is on the mother? So u mean on Xdate, mother will down 32sen but back up 10sen and stabilises?

Posted by ironcrowz > 2018-03-05 16:46 | Report Abuse

@Save why not wait until election is over? If BN wins (which they usually do), will mother rises?

Posted by apprentice > 2018-03-05 17:29 | Report Abuse

iron, I trade online maybank2u, so I have access to all the info. I suggest you trade online as it is faster and much cheaper.

13sen discount may be factored into C34.

Mother will have 32sen deducted on Xdate, but will usually bounce back.

Posted by Vindy0512 > 2018-03-06 11:44 | Report Abuse

When is XDate?

Posted by Mojaco > 2018-03-06 11:54 | Report Abuse

unknown date

Posted by Save > 2018-03-06 14:12 | Report Abuse

@apprentice, my short term speculator sell timing is only applied to call warrants. I don't have mother but I think (3) announcement of election date also applied to mother as after government dissolve, there is period of uncertainty, foreign fund will exit.
As mother is good dividend stock, my long term view on Maybank is buy when KLCI below 1500 , sell when KLCI 1900 or above
@ironcrowz same reason explains why speculator need to sell when election announced. Mother will rise 1 day if BN wins, further rise will depends on (1) 2nd interest rate hike this year (2) MYR/USD and Oil price (3) Dow jones (4) Rationalisation of Maybank business by PNB..........
If Pakatan wins, short term volatile market may be seen
I don't want go further into politics here.....

Posted by kkteng70 > 2018-03-07 12:38 | Report Abuse

steady , no shaking at all.

Posted by Fabien Extraordinaire > 2018-03-07 13:12 | Report Abuse

Maybank is well supported.

Posted by marvin95 > 2018-03-08 15:18 | Report Abuse

If holding c34, just continue to hold until Xdate?

Posted by pysy82 > 2018-03-09 09:11 | Report Abuse

how about c38 ? any idea?

Posted by apprentice > 2018-03-09 16:26 | Report Abuse

I am not touching any MBB cw for now as I mentioned earlier, mother may drop to 10.40 and below.

Posted by calvintaneng > 2018-03-12 10:44 |

Post removed.Why?

Posted by pundekman > 2018-03-14 10:53 | Report Abuse

any news on the upcoming drp?

Posted by RedEagle > 2018-03-15 21:40 | Report Abuse

IPOH (March 15): The ringgit is expected to surge to 3.80 against the US dollar in the near term, Datuk Seri Najib Tun Razak said.

The Prime Minister said his optimism emanated from positive indicators like the nation's strong economic performance, as well as the country's export value of more than RM80 billion in the first quarter of this year.

"Our currency yesterday dropped slightly to 3.90 from 3.89 (against the US dollar). InsyaAllah, in the near term it may rise to 3.80.

“In terms of currency value, ours is among the best performing currencies as several months ago the ringgit had weakened to 4.49. But it will surge to 3.80 soon," he said when addressing the Prime Minister’s Budget 2018 with People-Civil Servants programme attended by over 5,000 people, here today.

This is the fourth edition of the programme in Najib’s quest to share the country's success stories and explain various government policies that had been and will be implemented.

Najib was greeted on arrival at the Allied Health Sciences College, Tanjung Rambutan near here by Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir and State Secretary Datuk Seri Abdul Puhat Mat Nayan.

The Prime Minister described the rating affirmation of three international bodies, namely Fitch, Moody’s and Standard & Poors on the government administrative capability recently as not an ordinary recognition.

He said the three international rating agencies had visited the country to carry out an in-depth study in terms of facts and figures before affirming Malaysia ratings at ‘A’.

"Our country ratings was affirmed at ‘A-’, Singapore may be higher but we are in Group A, (while) Italy at B, Greece was worse, Russian at B. So, if people said we will go bankrupt, it is just common sense that Group B will go bankrupt first. How can A go bankrupt before B.

“During the Asian Financial Crisis in 1997, our reserve was at US$20 billion, but the bankrupt story did not surface then. Now our country’s reserve stood at US$103 billion, a five-fold increase from before," he said.

He said the value of national loans against Gross Domestic Product also declined from 54 per cent to 50.8 per cent.

Posted by Steven Choo > 2018-03-16 09:22 | Report Abuse

what happen to mbb

Posted by Beza > 2018-03-16 10:59 | Report Abuse

Ringgit is weakening lah! RM3.9225 to 1 USD just know.

Posted by Er Xian > 2018-03-16 11:29 | Report Abuse

just bought some c38

Posted by Save > 2018-03-16 12:14 | Report Abuse

Apprentice is 'chun': I am not touching any MBB cw for now as I mentioned earlier, mother may drop to 10.40 and below.

C33 expired on 19/3, so 19/3 onwards only may rebound, speculatively

Posted by apprentice > 2018-03-16 12:51 | Report Abuse

yes, Save. For those holding c34, do not sell off as MBB will rebound.

Posted by share2014 > 2018-03-16 12:59 | Report Abuse

Hold on if rebound really powerful

Posted by GreatWarrants > 2018-03-16 16:43 | Report Abuse

Maybank C38 Long term Target 30sens
CIMB Market making to flush out weak holders

Posted by apprentice > 2018-03-16 18:38 | Report Abuse

The ratio of 2:1 makes c38 a high risk high reward cw.

Posted by masterus > 2018-03-16 19:05 |

Post removed.Why?

Posted by NoPlayBall > 2018-03-16 19:10 | Report Abuse

@masterus
So, what have you done to prepare for the dollar's coming collapse ?

Posted by feihong911 > 2018-03-17 12:29 | Report Abuse

GE will be called next week Maybank benificiary ?

Posted by ironcrowz > 2018-03-19 12:49 | Report Abuse

@GreatWarrants may i know how u found out CIMB is doing all the selling?

Posted by ironcrowz > 2018-03-19 15:51 | Report Abuse

@apprentice but i still feel C38 is expensive with premium at 7.36%

Posted by apprentice > 2018-03-20 19:04 | Report Abuse

C38, I like the time to expiry and the ratio. Any cw with less than 10% premium is worth a shot.

In at 12 and 12.5 sen this morning.

Posted by Er Xian > 2018-03-20 20:37 | Report Abuse

apprentice I in too early at 0.135 last Friday zzz

Posted by apprentice > 2018-03-21 05:59 | Report Abuse

Er Xian, 13.5 is not bad as it was 17sen last week. Put some money aside so that you can re enter should it drop next time.

Posted by apprentice > 2018-03-21 09:26 | Report Abuse

ironcrow, premium now is 3.9%, when I bought it was below 3%.

Posted by Er Xian > 2018-03-21 12:23 | Report Abuse

apprentice , should I sold before the ex date of dividend and bought back after adjustment of mother share? or keep holding

Posted by GreatWarrants > 2018-03-22 16:53 | Report Abuse

Maybank C38 is SUPER UNDERVALUED..
Should be above RM0.20 soon

Posted by apprentice > 2018-03-22 17:04 | Report Abuse

Er Xian, depend on your risk appetite. Happy with the profit, then sell. And your suggestion is good and safe.

Posted by calvintaneng > 2018-03-22 17:24 | Report Abuse

MAYBANK GOING UP DUE TO US INTEREST RATE RISING AND RISING.

GOOD!!

MAYBANK IS GOOD. BUT TA IS BETTER!!

Posted by apprentice > 2018-03-22 18:03 | Report Abuse

No need to shout here, calvin. Go shout in TA thread.

Posted by Mojaco > 2018-03-22 18:32 | Report Abuse

Tailong @apprentice sudah Mari.. haha

Posted by goaty91 > 2018-03-22 18:33 | Report Abuse

mother rising so much... but cw is slow even with low premium... anyone can enlighten me? thx

Posted by apprentice > 2018-03-22 21:32 | Report Abuse

lol, Mojaco, juz a Xiaolong.

goaty, be patient. People are discounting the 32 sen dividend, so it might be too expensive for many. Don't worry, tomorrow will move a bit more.