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 1 hour ago

Posted by Fabien Extraordinaire > 2018-03-22 21:35 | Report Abuse

GE is getting nearer. Less than a week before Parlimen dissolved. Last chance bonus for Maybankers...
BN need them votes.

tcs888

194 posts

Posted by tcs888 > 2018-03-22 22:29 | Report Abuse

so u mean,,, right before election share will go to peak?

goaty91

23 posts

Posted by goaty91 > 2018-03-22 23:09 | Report Abuse

apprentice, thanks for your information...

apprentice

789 posts

Posted by apprentice > 2018-03-22 23:14 | Report Abuse

Last GE 13, it went down prior to election, foreign investors sold down. Gap up AFTER BN won.

Don't know what it will be like this time around.

masterus

3,593 posts

Posted by masterus > 2018-03-24 17:54 | Report Abuse

Currencies vulnerable to trade war are hkd,nzd,aud,usd,cad,try,cny,

masterus

3,593 posts

Posted by masterus > 2018-03-24 17:56 | Report Abuse

Safe haven are eur,jpy,chf,gold

FullTime

1,074 posts

Posted by FullTime > 2018-03-26 10:32 | Report Abuse

America and China, the world's two largest economies, may soon be in a trade war.
Leaders from the two nations have announced tariffs on each other. But the real fear among businesses, investors and lawmakers: Escalation.

This could just be the beginning -- "the first of many" trade actions, as President Trump put it Thursday.

masterus

3,593 posts

Posted by masterus > 2018-03-27 10:58 | Report Abuse

After the election, myr may uptrend to 3.50 against USD.

RedEagle

3,194 posts

Posted by RedEagle > 2018-03-27 20:23 | Report Abuse

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Posted by Michael Wong Yew Kong > 2018-03-28 09:22 | Report Abuse

Maybank almost everyday got additional listing.

goaty91

23 posts

Posted by goaty91 > 2018-03-29 23:22 | Report Abuse

mbb oways have huge block in the begining of trade...is tat a gud sign??

tcs888

194 posts

Posted by tcs888 > 2018-03-30 18:25 | Report Abuse

11 is coming ^^

kenny_G

24 posts

Posted by kenny_G > 2018-04-01 11:56 | Report Abuse

Go o go go !!

Save

849 posts

Posted by Save > 2018-04-02 10:29 | Report Abuse

Unbelievable. Someone sapu my C34 that queue sell at 0.525 at slight premium! Thank you.

tomblack

148 posts

Posted by tomblack > 2018-04-03 09:34 | Report Abuse

Kesm has been oversold. CIMB's top pick. Buy the stock.

LimKT

482 posts

Posted by LimKT > 2018-04-03 09:40 | Report Abuse

really powerful

LimKT

482 posts

Posted by LimKT > 2018-04-03 09:49 | Report Abuse

Hold on if rebound really powerful

Posted by jordanmaggie61 > 2018-04-03 10:11 | Report Abuse

best invested

masterus

3,593 posts

Posted by masterus > 2018-04-13 10:42 | Report Abuse

A Hong Kong Dollar at the Weak End Is No Reason to Panic

The HKMA's job is to be passive as long as the currency is within the peg.
By Shuli Ren
April 12, 2018, 1:24 PM GMT+8

Photographer: PashaIgnatov/Getty Images
It's time to face facts. Interest-rate arbitrage no longer works -- the Hong Kong dollar is being driven more by money flows from China.

The city's currency fell to HK$7.85 per dollar on Thursday -- the weak end of its permitted band for the first time since the range was imposed in 2005. The Hong Kong Monetary Authority said it stands ready to fulfill any requests from banks to buy at that level.

masterus

3,593 posts

Posted by masterus > 2018-04-13 10:50 | Report Abuse

TRADE TENSIONS
Southeast Asia feared next on list for US trade sanctions
Thailand's exchange rate policy comes under Washington scrutiny
HIROSHI KOTANI, Nikkei staff writer
April 09, 2018 20:14 JST

Trade tensions with the U.S. will hurt Thai exports that are crucial for its economic growth. (Photo by Keiichiro Aasahara)
BANGKOK -- The U.S. administration of President Donald Trump could aim its protectionist measures at Southeast Asian countries, with Thailand likely the first target, an analyst said.

Thailand could find itself on a watchlist of countries the U.S. Treasury closely monitors for foreign-exchange intervention. The treasury is expected to issue a biannual report that analyzes the currency policies of trade partners this month and in October.

In the last report, five countries including Japan, China and South Korea remained on the watchlist, as they were in the previous report. In addition, Malaysia and Vietnam are also running large trade surpluses against the U.S., making them also likely targets.

gooman

774 posts

Posted by gooman > 2018-04-13 15:50 | Report Abuse

Kesm is a good buy. 20 percent upside potential. US semiconductor index has been very bullish recently.

Posted by jordanmaggie61 > 2018-04-13 16:01 | Report Abuse

Fake news.

masterus

3,593 posts

Posted by masterus > 2018-04-16 17:43 | Report Abuse

Could the Fed Set Off a Debt Bomb?
According to the Institute of International Finance, global debt reached a record $237 trillion in 2017 -- more than 327 percent of global GDP. Since 2007, when borrowing levels were a key factor in the financial crisis, debt has increased by $68 trillion, or more than 50 percent of global GDP.

Posted by snowball001 > 2018-04-18 15:28 | Report Abuse

Kesm is a good buy. 20% upside potential, its
outlook is very good.

LimKL1

298 posts

Posted by LimKL1 > 2018-04-18 17:05 | Report Abuse

谢天谢地

ariffazil

13 posts

Posted by ariffazil > 2018-04-18 18:39 | Report Abuse

When is the dividend?

Save

849 posts

Posted by Save > 2018-04-19 00:08 | Report Abuse

Climax plus dividend is on the way.....
http://www.theedgemarkets.com/article/maybank-prepares-spin-and-list-insurance-unit-—-sources

Data5000

388 posts

Posted by Data5000 > 2018-04-22 21:24 | Report Abuse

10.00 soon

tomwah

1,599 posts

Posted by tomwah > 2018-04-24 14:47 | Report Abuse

waiting for 9-5

Bull

145 posts

Posted by Bull > 2018-04-26 23:03 | Report Abuse

Please dont trust the above report that i post.. tak boleh pakai wan

adamdacutie

1,455 posts

Posted by adamdacutie > 2018-04-27 10:04 | Report Abuse

U post then u say dun trust , is either u re stpd or trying ur best to be

Posted by bursainvest12 > 2018-04-27 10:09 | Report Abuse

last year final dividend entitlement date announced on 20 April. Today is already 27 april and is late.I guess end today should be confirming the dividend ex-date.

matg

997 posts

Posted by matg > 2018-04-27 21:41 |

Post removed.Why?

gankc2011

103 posts

Posted by gankc2011 > 2018-05-04 09:44 | Report Abuse

Maybe today will be final dividend annoucement of 32 cents.

Posted by Allow1978 > 2018-05-04 10:40 | Report Abuse

Posted by gankc2011 > May 4, 2018 09:44 AM | Report Abuse
Maybe today will be final dividend annoucement of 32 cents.

Wa how you know? we been waiting till neck long long

tomwah

1,599 posts

Posted by tomwah > 2018-05-04 13:54 | Report Abuse

after 9.5 will be good day

gankc2011

103 posts

Posted by gankc2011 > 2018-05-04 14:11 | Report Abuse

AGM already over and final dividend should be approved. Don't know what's the delay was all about. Recently, there was news they want to list Etiqa. If that was true, they would want to annouce Etiqa shares entitlement to Maybank shareholders and final dividend simultaneously.

wynwyn

136 posts

Posted by wynwyn > 2018-05-04 14:59 | Report Abuse

Hi sifus... Has dividends been announced yet? How much ah?

gankc2011

103 posts

Posted by gankc2011 > 2018-05-04 15:45 | Report Abuse

Patience! It will be annouced in due time like what i had mentioned above.

Posted by Mary Tan Ling > 2018-05-04 18:10 | Report Abuse

@gankc2011 "announce Etiqa shares entitlement to Maybank shareholders" means what arh?

gankc2011

103 posts

Posted by gankc2011 > 2018-05-04 20:52 | Report Abuse

Mary Tan Ling, it was my assumption only. Recently it was mentioned in the news that Maybank plans to list Etiqa Insurance and also because of the delayed annoucement of the 32 cents final dividend, I think behind the scene something must be going on. That was my 2 cents only

change1

27 posts

Posted by change1 > 2018-05-04 20:59 | Report Abuse

After 509 is 2 days holiday.

Posted by tomwah > May 4, 2018 01:54 PM | Report Abuse
after 9.5 will be good day

gankc2011

103 posts

Posted by gankc2011 > 2018-05-04 21:09 | Report Abuse

Maybank to Spin Off Insurance Arm Etiqa?
Author: kltrader | Publish date: Thu, 19 Apr 2018, 09:23 AM

Malaysia’s largest bank, Malayan Banking (Maybank), is preparing to spin off and list its insurance unit on Bursa, according to sources with knowledge on the matter. Their insurance arm Etiqa is estimated to be worth at least USD1 bil, and could help Maybank unlock value and get it higher valuations (The Edge Markets, 18 Apr).

Etiqa and the Spin Off
Etiqa provides life and general insurance, and family and general takaful insurance products. It reported a rise in profit before tax of 18.5% to RM1 bil last year. The company operates in Malaysia, Singapore, Philippines and Indonesia. In March, Etiqa said it maintained its top position with 11.8% market share in Malaysia’s general insurance and general takaful segment.

According to the article on The Edge Markets released just last night (18 Apr), Etiqa is estimated to be worth at least USD1 bil, and if listed would have a market value larger than its peer Syarikat Takaful Malaysia, which is currently valued at USD700 mil.

Further in the article, as part of the transaction, Maybank’s investors are expected to receive shares in the insurance company in proportion to their existing shareholding in Maybank, the sources said, adding that here will be no new money expected to be raised in Etiqa’s listing. However, the sources added that the exact structure of the transaction has not been finalized. The spin off could be an advantage to Maybank as it can reduce the capital requirements, and could help Maybank unlock value and get it higher valuations.

Source: Macquarie Research - 19 Apr 2018

Posted by Mary Tan Ling > 2018-05-04 22:25 | Report Abuse

@gankc2011, hey, many thanks for yr explanations :)

tomwah

1,599 posts

Posted by tomwah > 2018-05-08 10:37 | Report Abuse

buy ,,buy before .9/5

somersby

1,881 posts

Posted by somersby > 2018-05-08 19:21 | Report Abuse

Bn Pn17, thursday open market delisted

SIBUK

266 posts

Posted by SIBUK > 2018-05-10 17:46 | Report Abuse

Ady delisted

SIBUK

266 posts

Posted by SIBUK > 2018-05-10 17:46 | Report Abuse

Hahaha tepat sekali teka

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