Posted by chimchim > 2019-07-26 11:45 | Report Abuse

Maybank performance still consider ok if compare to other banks...however, the downgrade to 8.5 is going to happen sooner or later due to current economic turmoil

Posted by money game > 2019-07-26 12:04 | Report Abuse

after RM8.75 break, the next support should be RM8.68, the lowest after 509.. once this also break, then the next should be around RM8.50.

Posted by money game > 2019-07-26 12:06 | Report Abuse

if the price continue around the current price till dividend payout in mid September, say RM0.25, it will really go back to RM8.50

Posted by money game > 2019-07-26 12:09 | Report Abuse

the issue in finance sector now is there is no good news to push the price up, and due to bank Negara cut rate 0.25%, this will reflected in this quarter profit, therefore the market expected the next QR wont be a good result... that's why the price is dropping...

Posted by money game > 2019-07-26 12:17 | Report Abuse

actually not only Maybank is dropping, CIMB, RHB, Public and Hong Leong.. all these banks share price also dropping now ...

Posted by money game > 2019-07-26 12:30 | Report Abuse

the major share holders in maybank are EPF (12.5%), Amanahraya (34.6%), Permodalan National (7.6%), Yayasan Pelaburan bumipuetra, under PNB (7.6%)... all these government link companies already hold total 62% of maybank share.. therefore maybank will support by these companies and will not allowed it drop till too low... I only can not find out how much foreign fund in hold maybank share..

Posted by Richardlee2015 > 2019-07-26 13:17 | Report Abuse

You are right. I bought a lot of Maybank shares recently. The Maybank divided is more that 6%, better than the FD.

Posted by Keyman188 > 2019-07-26 16:07 | Report Abuse

Memang boring today...ding dong...ding dong....

Sudah stop bleeding @ 8.71....

Posted by lck1300 > 2019-07-26 16:37 | Report Abuse

got volume come in support everytime drop below 8.75 , when price hit 8.74 the volume will come in to eat up the price

Posted by magus > 2019-07-26 16:43 | Report Abuse

don't worry laah, even if buy at 8.80 but can get more than 55 sen annual dividend, the yield is more than 6%, better than FD, probably same like EPF but still get chance for capital appreciation.

Posted by gsi723 > 2019-07-26 23:12 | Report Abuse

slowly regular top up.... instead of put $ into maybank savings account/ FD... :)

Posted by wkl318 > 2019-07-27 00:09 | Report Abuse

My observation of each day's trade over many weeks is that there are too many impatient buyers and who appear to be novices as the price usually surge early morning are caused by these impatient buyers. But crumpled by late afternoon when we run out of such impatient novices. To make good money in stocks like maybank, you need to be very, very patient. Buy some when price falls in late afternoon. Then sell to the impatient novices in early morning the next day. It is a game worth considering. However if you don't wish to swing trade, then wait till the long term trend changes. Currently the trend is down, down, down. If you consider Maybank's dividend yield, the price should not go down. However, a stock's price is more sentiment driven than value driven as most people are emotionally driven. When a stock's price goes downwards, folks try to sell before others sell. And if price drops like a waterfall, folks get panic stricken and there is a rush for the exit ie exiting the stock. The emotion of fear is worse than the emotion of greed. Let us not be impatient and rush to buy just because the price had looked attractive today. Who knows, the price may get even more attractive the next few days. There is no rush to buy but just hang on to your money and buy later when buyers had disappeared. It is a risk of missing the boat, but maybe not that bad as you won't lose in a price recovery. The great investor George Soros advised that if you are sure the price is clearly moving up, then buy and pyramid up. No doubt if you are a bit late in buying near the low, at least you are on the winning bet when price is clearly moving upwards. Currently there are too many negative news on stocks like maybank, and my guess is unless positive news emerge, it may be prudent to wait it out for a good low to buy. It is just my opinion, take it or leave it.

Posted by HSC2014 > 2019-07-27 03:31 | Report Abuse

If I not mistaken it drop to RM5 10 years ago.
Not sure it will happen again or not in this round of downturn?

Posted by money game > 2019-07-27 08:31 | Report Abuse

I do agree with some of wkl318 points. one thing must be very sure in a share player mind set is what price you want to go in, and what level you want to go out, either losing money or earning money.. for a short tem player like those want o earn few cents then out, u must need to study what is the level you want to go in.. like now is RM8.73, u want to go in now? or u want to wait till one year lowest, RM8.68 to go in? or u want to really wait till RM8.50 to go in? u buy now, u get RM8.73, tomorrow maybe up to RM8.77, then u sell and make some money.. if drop to RM8.68, then no choice u need to keep, and hold, but u must have a target price to withdraw also, say RM8.65 u will cut lost.. there are many ikan bilis players play in this way... end up they lost a lot of money.. cos u will never know when is the good time to buy and sell.. and this is I think what is emotion of fear as what wkl318 said...for a middle term and long term player, they wont think to much.. for maybank this kind of stocks and fundamental strong, support by big government investment arm, RM8.73 is a good buy,, so they will buy and keep.. drop to RM8.50 also they will keep, cos they will expect in middle or long term this share will up back to RM10.00.. during holding time they will earn the dividend.. but the point here is you must have the holding power and willingly to hold for at least 2- 3 years..

Posted by money game > 2019-07-27 09:16 | Report Abuse

HSC2014, ten years ago in march 2009 Maybank did drop till RM3.50, but that time is the whole world economic recessions, and if not mistaken there was something big issue happened start from year 2008.. so it is global issue, not particular maybank issue.. therefore I think base on current scenario Maybank wont drop so low.. if really break RM8.68, next should be around RM8.50.. that's also don't know it will really can drop too far.. unless it is adjusted after dividend ex-date.

Posted by wotvr > 2019-07-27 10:40 | Report Abuse

Maybank's assets are now much stronger than 10 years ago. I don't think it can drop below RM 8. It's NTA is RM 6.70 and the share price is supported by a high dividend yield. Able to sustain that dividend through the share reinvestment plan so actual payout for dividend is not that high.

Posted by money game > 2019-07-27 15:29 | Report Abuse

yes, basically maybank now is much stronger and stabile compared with 10 years ago.. thanks to bank Negara as well to ensure Malaysia finance sectors strengthen the banking policies...

Posted by money game > 2019-07-27 15:30 | Report Abuse

unless Donald trumph send army attacked Iran... if not I don't think maybank share will drop lower than RM8.00

Posted by money game > 2019-07-27 15:43 | Report Abuse

I wonder those people bought at RM3.50 don't know they are still holding the shares till now? if yes, the share is as good as free.. the dividend from 2008 till 2019 already more than RM3.50.. now it is like you never put any money in maybank, but every year maybank still give you around RM550 a year..

Posted by Keyman188 > 2019-07-27 17:45 | Report Abuse

Slowly & steadily down down down...

Long waiting......

Posted by apprentice > 2019-07-27 19:17 | Report Abuse

money game, 11 years ago MBB BOD bought BII (Bank Indonesia) shares at inflated price, causing MBB price to drop from above 10 to 3.XX. The US financial crisis did play its part in the rapid decline as well.


The whole BOD were removed and the purchase price was revised downwards but by then MBB has dropped to below RM4. To increase its cashflow, MBB called for rights issue at 3.74 in Apr 2009.

Bpught some at that time and must say best investment ever made.

Posted by apprentice > 2019-07-27 19:44 | Report Abuse

GLCs collectively holds about 62% while foreign holding is around 18%. So MBB cant move without the GLCs pushing it up.

Due to high dividend pay out and attractive DRP, it makes no sense for long term investors for MBB price to increase. Lower price means more shares to subscribe under DRP.

Many small investors have asked for the DRP to be discontinued. Np one will listen. Small investors have no voice in the business world.

Posted by enigmatic [Breaker of Speculative Investing] > 2019-07-28 01:43 | Report Abuse

Time to grab some Maybank shares before the September dividend

Posted by money game > 2019-07-28 15:13 | Report Abuse

maybank share price at this moment cant really move high it is due to 62% of it holding by local GLCs.. these GLCs buy and sell to each other, just like government left hand sell to government right hand.. it wont really push up the price... the price only can push up once the foreign fund come in back to local market..

Posted by money game > 2019-07-28 15:17 | Report Abuse

foreign fund started to withdraw from local market since 509 and that's also the price from peak RM11.00 drop till today level.. if needed the price up back to RM10.00 foreign fund play a very big role and need to increase from now 18% till 20% - 25%...

Posted by money game > 2019-07-28 15:19 | Report Abuse

I optimistic that the price will back to RM10.00.. once foreign fund decided back to Malaysia bluechip like maybank should be their priority choice.. that's why I said you need to be patient if buying maybank for investment..

Posted by money game > 2019-07-28 15:20 | Report Abuse

but I don't think maybank can up till like hong leong and public bank level.. max should b RM11.00

Posted by patient_invest > 2019-07-29 09:50 | Report Abuse

money game, do you know why Foreign funds are pulling out? I think Malaysia should do well in long term, they shouldn't pull out at this time?

Posted by money game > 2019-07-29 10:21 | Report Abuse

YTD foreign fund already withdraw RM4.3 billion, last year same period of time was RM7.3 billion.. this is mainly due to foreign investor don't really look good about Malaysia economic in future.. PH government so far din really have a clearer plan for pushing economic flow... therefore foreign fund more prefer market like India, Korea even Vietnam and Thailand whereby they can see bright future..

Posted by money game > 2019-07-29 10:25 | Report Abuse

without foreign investors fund, you cant push up the price.. only base on local GLCs investment arm like EPF and Khazanah, how much it can grow? just like maybank share now... u want to push the market till 1700, or maybank till RM10, you need foreign fund to come in.. but now Malaysia market dun have the ummphhh that will let foreign fund to spot in.. all the government figures like inflation rate, cant attract the fund to be in... because government debt is too high..

Posted by money game > 2019-07-29 10:28 | Report Abuse

so those blue chip like maybank, u have to be patient to wait... it wont drop too low, but will have to wait the signal for the foreign investors to back to Malaysia market to push it up..

Posted by lck1300 > 2019-07-29 10:32 | Report Abuse

money game , you go to see nestle .......
so obvious local fund push untill sky high to support index

Posted by patient_invest > 2019-07-29 10:46 | Report Abuse

money game, i think Malaysia has much brighter future than Thailand & India. Both of these countries lack enough foreign investment. Malaysia benefit from high investment from China. Recently BHP setup HQ in mid valley. that will boost the commodity trading

Posted by sctan > 2019-07-29 10:52 | Report Abuse

India and Thailand have more population, their domestic market is much bigger, plus India has more talents than Malaysia, foreign investors will skip India market???

Posted by lck1300 > 2019-07-29 10:53 | Report Abuse

if want Maybank Share price move is very eazy , cancel the DRP from now on ...
just let people take the cash , and buy whatever on market price , you will see maybank become ppb or HLLB price level ......

Posted by armadasaxon > 2019-07-29 11:08 | Report Abuse

Dont forget next month ftse Russell..

Posted by ZeaXG > 2019-07-29 11:34 | Report Abuse

Feel like want to boughted some Maybank. Ok or not?

Posted by Hafid > 2019-07-29 11:41 | Report Abuse

i think the finetech is disturbing maybank. so the price will be down again.

Posted by money game > 2019-07-29 11:58 | Report Abuse

lck1300, nestle and maybank are different game to play.. it is different industry, and different fundamental.. nestle is a big global company, maybank is not that level yet... maybe only on regional... nestle is consumer product, maybank it finance sector.. so cant compared... just like dutch lady... last time was only RM10.00, but now already RM60++...

Posted by money game > 2019-07-29 12:00 | Report Abuse

Patient_invest, the point is big foreign investors see things not like how we see things.. maybe you are right to think that Malaysia has better future, but this is not what foreign investors thought...

Posted by money game > 2019-07-29 12:01 | Report Abuse

the foreign funds is dependent on a few factors, among others (i) the attractiveness of the market (valuation-wise); (ii) the country’s weightage on the largely followed country indices (eg MSCI Malaysia and the KLCI) or regional indices (eg MSCI Emerging Market and MSCI Asia Pacific Ex-Japan), and (iii) mandates of the funds (eg score on corporate governance, fund themes, stock and country exposure).

Posted by money game > 2019-07-29 12:02 | Report Abuse

due to all these factors, it answered why India received so much fund but Malaysia continue outflow foreign fund...

Posted by money game > 2019-07-29 12:03 | Report Abuse

BSKL is the worst performer in market within the region and this is how the foreign investor react to the fundamental in malaysia

Posted by apolloang > 2019-07-29 12:04 | Report Abuse

mana ada BSKL,sudah lama tukar ke nama BOOSA

Posted by money game > 2019-07-29 12:04 | Report Abuse

sctan has his point there, and this is why Vietnam and Indonesia also catching up...

Posted by money game > 2019-07-29 12:06 | Report Abuse

nevertheless, I still think foreign investors will come back to push up the price, it is only waiting the right signal for them to come in, and that's why I still put hope in maybank to go back to RM10.00

Posted by Keyman188 > 2019-07-29 12:12 | Report Abuse

Long waiting to see 8.50........

Posted by patient_invest > 2019-07-29 12:30 | Report Abuse

money game, if USA is going to build up India, so they can attack China's economy, then it makes sense for the funds to pump more money into India.
On the other hand, China needs Malaysia to secure it's straits of melaka oil passage. So Malaysia will do well from China injection. The problem is that China's fund probably not so active in equity, but more on infrastructure?
Please correct me if i'm wrong. thank you

Posted by lck1300 > 2019-07-29 15:06 | Report Abuse

go to compare maybank revenue and profit after tax with nestle , the only problem share price not moving is the Damned DRP system , pay them cash and let them buy what ever on market price , this is the way to let share price up ....
but this share compare to F.d , or other reits , is better then all of them , really cant complaint too much .....

Posted by patient_invest > 2019-07-29 15:19 | Report Abuse

Ick, for DRP system, how much is Maybank selling for the reinvested shares?