MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

10.66

Today's Change

-0.04 (0.37%)

Day's Change

10.60 - 10.68

Trading Volume

8,842,600


38 people like this.

23,280 comment(s). Last comment by prudentinvestor 9 hours ago

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-04-17 22:14 | Report Abuse

2 coming

spectre007

1,408 posts

Posted by spectre007 > 2019-04-18 01:10 | Report Abuse

Nonetheless, we keep our earnings forecasts unchanged pending more developments and clarity from the situation. Based on a worst-case-scenario, the Public Utilities Board of Singapore will take over the loss-making Tuaspring Desalination Plant without any compensation for Tuaspring, said Affin Hwang Research.

sctan

468 posts

Posted by sctan > 2019-04-18 08:04 | Report Abuse

Hyflux loan is about S$720mil, or RM2.2b. It is about 1Q profit and one off case. But everyone talks like maybank going to bankrupt. For this type of giant stock, only crisis time for you to buy cheap.

JP1952

270 posts

Posted by JP1952 > 2019-04-18 08:05 | Report Abuse

Beware of the speculator! Price may push up this morning and throw back to the ikan bilis in the afternoon. Don't fall on trap, buy high and sell low.

Sifu Wang

114 posts

Posted by Sifu Wang > 2019-04-18 08:18 | Report Abuse

there is another timb bomb in september when malaysia bond are pulled out from international platform. dont invest all your money in, only inverst with the money that you are able to loss

Sifu Wang

114 posts

Posted by Sifu Wang > 2019-04-18 08:22 | Report Abuse

if your stocks drop half of the value, it will takes a very long time to recover the losses. people who put money into FD may have more money than you since their capital is still intact. my brother put all his montly salary into stocks. after 20 years, his epf money is more than the value of his stocks.

Sifu Wang

114 posts

Posted by Sifu Wang > 2019-04-18 08:26 | Report Abuse

from the comment many people keep maybank at 9.60. lets say maybank drop to 6.00. how long does it takes to back 9.60. maybe 10 years . imagine the 10 years money in FD or reits. the value is much more than buying stocks to keep

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 08:34 | Report Abuse

Just buy people, all panic sold yesterday
But cheap sale to top up
This share was oversold yesterday thru people panicking

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 08:35 | Report Abuse

Price good for drp

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 08:55 | Report Abuse

>icecool guys bank only get paid first if the loan is secure loan unsecured loan is burn, but hei no worries malaysian tax payers are ultra rich they will bail maybank out worst case.
@Heavenly PUNTER malaysia boleh !!!

Aiyo...why we want to bail out leh...is their credit risk mah...lucky is secured loan from maybank...but some problem still persists...enjoy the show...hehe

zhen wei & JP

1,173 posts

Posted by zhen wei & JP > 2019-04-18 09:09 | Report Abuse

X

RainT

8,448 posts

Posted by RainT > 2019-04-18 09:29 | Report Abuse

@sifu wang

that's is your brother problem, he need to find out why after 20 years the EPF still make more money than his stock investment
he should have stop invest in stock in the 5 years , not until 20 years its too late when come to

invest in stock among the main thing is you buy in at WHAT PRICE and what is the company GROWTH STORY /COMPETITIVE ADVANTAGE
If we cannot answer these 2 questions confidently , then better don't buy and invest


how to make profit in share invest and also in biz is we make a investment when nobody see the value or it is under value

example MAYBANK as Msia largest bank by assets and invest in it at low price and keep it until value emerge

example do biz offer products/services that other dont have , you will make big profit

RainT

8,448 posts

Posted by RainT > 2019-04-18 09:32 | Report Abuse

another important also is we need do homework and understand more the company we invest
understand the biz, why it success or fail

also don't invest all your money , especially emergency one , need keep some
yes, market will recover eventually , but if we don't have holding power , how to wait until market recover ? so need have holding power

I am sleep well in night , invest in MAYBANK , even it huge drop
because funds will support it, if MAYBANK share price huge drop until RM4 or below, our Msia economy is doom...…..

Posted by armadasaxon > 2019-04-18 09:42 | Report Abuse

Maybank Oct 2016 drop to rm7.
March 2017 back to rm9.

Posted by armadasaxon > 2019-04-18 09:42 | Report Abuse

Anyone knows the hyflux damage account for how many %?

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 09:43 | Report Abuse

Cheap sale 8.84 top up

JayC

1,302 posts

Posted by JayC > 2019-04-18 09:46 | Report Abuse

very strong rebound from 8.75.. i think we have found our support level

Posted by chard1010 > 2019-04-18 09:47 | Report Abuse

9:45am price from 8.80 to around 8.99, you dont buy, others buy.

Posted by armadasaxon > 2019-04-18 09:48 | Report Abuse

Sctan you are correct..the make it like the bank gonna die..

Posted by Lukesharewalker > 2019-04-18 09:52 | Report Abuse

2.2 billion write off will drive down the price...Maybe half the profits for 19

Posted by armadasaxon > 2019-04-18 09:56 | Report Abuse

Dec 2018 profit is 8.11b...so it's only a quater..

paperplane

21,644 posts

Posted by paperplane > 2019-04-18 09:57 | Report Abuse

see you at RM7, huge impairment coming

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 09:59 | Report Abuse

JayC
11c profit already

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 10:01 | Report Abuse

This share has been oversold thru panicking
Even w/off 2.2b still got good profit in the year
One off w/off not going to be 2.2b

smissions

87 posts

Posted by smissions > 2019-04-18 10:02 | Report Abuse

@RainT You think? the price dropped from Rm7 to Rm1.30 in 1998. Dropped from Rm9.30 to 3.50 in 2008. last year was 2018, this drop was expected. Global economy tanks about one every ten years. On the plus side, the cost of living is going to drop for a while.

Imagine Maybank at Rm1.50, DY would be almost 40% a year :)

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 10:03 | Report Abuse

People sell I quietly collect

Posted by Lukesharewalker > 2019-04-18 10:06 | Report Abuse

Imagine Maybank at Rm1.50, DY would be almost 40% a year :

Lol. Previous year profit not a very good benchmark

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 10:06 | Report Abuse

Hey don’t push up too much, I want cheap drp

icedvestor

134 posts

Posted by icedvestor > 2019-04-18 10:09 | Report Abuse

haha if mentioned here, not really quiet. The irony. I'm joining you, collecting too

apolloang

18,163 posts

Posted by apolloang > 2019-04-18 10:09 | Report Abuse

blady tipu.economy so bad yet maybank market cap still almost 100 bil.should be between 6.00-7.00

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 10:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/09/04/limited-impact-on-maybank/

last year one

"Maybank recently unveiled that its exposure to Hyflux stood at S$658.6mil (RM1.95bil), which has been classified as impaired, as at end-June 2018."

MirageHotelPD

1,097 posts

Posted by MirageHotelPD > 2019-04-18 10:40 | Report Abuse

Hyflux exposure is over exaggerated. Total debt owing to Maybank is approx RM1.95bn. RM315m already written off in Q2 2018. Net current book debt remain RM1.63Bn. Target Maybank 2019 earning is Rm10.3Bn. That means RM1.63Bn is only about 15.8% target profit that may be set aside for Hyflux and this is one off. After that, Maybank will be back to normal. Total Market capitalisation of Maybank now slightly less than RM1000Bn, NTA RM6.812. PE 12. Impairment of 1.63Bn will reduce the 2019 target profit to RM8.67Bn. Assuming profit at 8.67Bn, earning per share will be RM0.79278. at current price of RM8.98. PE is only 11.32. Since Hyflux is one off, next year there will no more Hyflux impairment and profit will back on track. Then, PE is with potential to reduce to 10 only. I think it is real good bargain to consider.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 10:42 | Report Abuse

>paperplane...

yes...need to impairment...only 300+mil no need impair...see Hyflux can settle or not larh...im waiting for cheap sales...hehe

MirageHotelPD

1,097 posts

Posted by MirageHotelPD > 2019-04-18 10:43 | Report Abuse

There always an opportunity behind a disaster.Jaya, icedvestor, I think your decision and patient will be rewarded.

zerocool7199

1,236 posts

Posted by zerocool7199 > 2019-04-18 10:49 | Report Abuse

Klci almost trigger the panic selloff bell soon

MOBAjobg

327 posts

Posted by MOBAjobg > 2019-04-18 10:53 | Report Abuse

The current price of this share is still too high for prudent investors to buy so, am looking forward to a big drop in its fat price that will happen due to concerns of Malaysia inclusion into the FTSE Russell watch list.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 10:58 | Report Abuse

>Posted by MOBAjobg > Apr 18, 2019 10:53 AM | Report Abuse

The current price of this share is still too high for prudent investors to buy so, am looking forward to a big drop in its fat price that will happen due to concerns of Malaysia inclusion into the FTSE Russell watch list.

then need to wait Sept 2019 for the decision wor...our economy need to fix urgently...gov better focus on economy instead of watching stock market keep falling to get remove from list...

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 11:02 | Report Abuse

you know is going to get remove then better focus how to improve it to minimize the risk of getting remove rather than sit there watching its fall

Posted by factorrumour > 2019-04-18 11:02 | Report Abuse

could there be political influence behind all these? hmm...

icecool

4,948 posts

Posted by icecool > 2019-04-18 11:09 | Report Abuse

@Shinnzaii worst case i can see is rm 5.50 wont go below that

zerocool7199

1,236 posts

Posted by zerocool7199 > 2019-04-18 11:14 | Report Abuse

Our goverment tengah sleeping lagi?

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 11:29 | Report Abuse

Icecool
Afternoon brother

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 11:31 | Report Abuse

MirageHotelPD
Thanks for your nice comments
I have every faith in this share, it is a blip only
I think people over reacted

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 11:39 | Report Abuse

The government influenced majors like epf,amahraya,etc are the major cause of this price downtrend
Wait till they buy back again cheap and get drp also

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 11:45 | Report Abuse

People all they got to do is reduce the interim dividend to pay for the impairment.
I won’t mind as I am a long termer here and not worried

icecool

4,948 posts

Posted by icecool > 2019-04-18 11:46 | Report Abuse

@jaya morning !!!

Jaya

1,585 posts

Posted by Jaya > 2019-04-18 11:46 | Report Abuse

Watch epf,etc will step in and buy once the dust settles

Pewuf

172 posts

Posted by Pewuf > 2019-04-18 11:48 | Report Abuse

Jaya is obviously panicking

Posted by Value Investor Coo1eo > 2019-04-18 13:06 | Report Abuse

hope this low ball price will help to reduce the DRP price calculation which is due anytime now :)

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