Posted by Cakes Moon > 2019-11-29 15:07 | Report Abuse

Wah... Malaysia drop more than Singapore today. The situation at bursa is even worst than in Hang Seng.

Posted by RainT > 2019-11-29 17:03 | Report Abuse

this all drop is thanks to PH governemnt

Posted by skybursa > 2019-11-29 17:30 | Report Abuse

Hurry drop to 7,90. I'm waiting to buy 15,000 shares. Hopefully can get this price before 2019 end.

Posted by e1zzz > 2019-11-29 17:48 | Report Abuse

shit PH.. well done

Posted by Jaya > 2019-11-29 19:53 | Report Abuse

Skybursa
Wishfull thinking brother

Posted by Cakes Moon > 2019-11-29 21:41 | Report Abuse

Klci fall from 1850 to 1560, maybank drop from RM11 to RM8.50 since May 2018.
Bursa seems experiencing even worst selling pressure as compared to Hang Seng, so stop pointing finger to external factors while should start to look at our domestic issues.

Posted by Jaya > 2019-11-30 00:17 | Report Abuse

Cakes Moon
Maybank maintain dividend same level I am more than happy as I have been a long term holder
Don’t want drp, cash dividend only so those who want to reinvest can make their own minds up
8.53 too low for drp now, 9.25 drp ok

Posted by WarrenPuffet > 2019-12-02 08:56 | Report Abuse

Simple understanding based on so many things happening around the world, you can't deny it does indirectly affected the market here. The workforce, those businesses and etc. Even the company I work on and my siblings workplace are seriously affected and we know how serious it is. Next year will be a bad recession year due to what happens this year. So you guys should know what to do.

Posted by Jeffreyteck > 2019-12-02 11:22 | Report Abuse

Foreign selling swelled to RM761.2m last week, says MIDF Research.... Believe price will go lower to below 8.

Posted by prudentinvestor > 2019-12-03 16:00 | Report Abuse

Maybank is likely the company with the highest dividend yield listed on Bursa Malaysia, more than double the 12 month fixed deposit rate most banks are paying.

Posted by Cakes Moon > 2019-12-03 16:35 | Report Abuse

You are absolutely right. This is better than buying amanah saham which only payout 5.5% dividend recently. I will keep buy Maybank to generate annuity payment.

Posted by bluechip > 2019-12-03 16:53 | Report Abuse

Just bought 10lots just for dividen income

Posted by prudentinvestor > 2019-12-03 17:05 | Report Abuse

For those who are already retired, it is safe to withdraw a portion of their EPF fund, say around 10% to invest in Maybank shares. Maybank has dropped to attractive levels.

Posted by masterus > 2019-12-04 12:49 | Report Abuse

NST Leader: Appreciating ringgit
DECEMBER 4, 2019 @ 12:06AM

The market may dictate, but the nation must decide. With or without a ringgit peg. If we have to do it, we should go ahead. - FILE PIC
THE market is saying something about the ringgit. Whether it is right or wrong is up for discussion (expect some economists to disagree with this). When this Leader went to press, the ringgit was trading at 4.17 to the United States dollar.

Is this a fair value of the country’s currency? Free marketeers will be offended by this question. To them, no one will know this except the market. True, there is a market out there — nebulous though it is — but it isn’t as free as we like to think it is.

Posted by masterus > 2019-12-04 12:50 | Report Abuse

Human and institutional manipulation is possible. Want examples? Currency speculation and financial meltdowns are glaring examples. We dare say this: the greedy and powerful were behind them.

We should not be too quick to assign inevitability to the decisions of the market. Plus, Cambridge University economist Ha-Joon Chang tells us what makes the market “free” is, if at all it is so, a political decision. He is right.

The government is always involved in the market. Here and everywhere else. So are free marketeers! Adam Smith is wrong: the invisible hand isn’t invisible at all. But this is a discussion for another time.

Posted by masterus > 2019-12-04 12:50 | Report Abuse

What causes the ringgit to be where it is? There are many factors, but first let’s settle the fair value question. Notwithstanding views to the contrary, we think there is one. So does the chief economist at Bank Islam, Dr Mohd Afzanizam Abdul Rashid, who has been keeping tabs on the ringgit. He says the ringgit has averaged 3.59 to the US dollar since July 2015 when Malaysia unpegged the currency.

To Afzanizam, the ringgit’s fair value should range between 3.80 and 3.90 to the US dollar. Close to the homegrown solution of pegging the ringgit at 3.80 to the US dollar.

Posted by masterus > 2019-12-04 12:51 | Report Abuse

So what determines the value of the ringgit? Simply put, whatever happens within and without. Crude oil prices and the US-China trade war are two external determinants. Consider the trade war. According to Afzanizam, there has been a rise in risk aversion among investors since the trade spat began between the world’s two largest economies.

The effect: rush to buy “safe haven” currencies, such as the US dollar, Swiss franc, Japanese yen and euro. The result: a weakening of the ringgit. Unfortunately, this is one lever Malaysia can’t pull or push. It must look at what is within its control. Like cost of living issues.

Posted by masterus > 2019-12-04 12:51 | Report Abuse

Take the case of agriculture products. From the farm gate to fork, there are far too many players, especially the middlemen, who make agricultural product prices prohibitive. Business malpractices, such as hoarding, price manipulation and cartels, make the bad situation worse.

Carmelo De Ferlito of the Institute for Democracy and Economic Affairs says Malaysia can do a number of things that may cause the appreciation of the ringgit. Admitting the possibility of pure speculation in the ringgit, he says currency transactions are largely influenced by the “mood” created by economic fundamentals and other factors.

The market may dictate, but the nation must decide. With or without a ringgit peg. If we have to do it, we should go ahead.

© 2019. NEW STRAITS TIMES PRESS (M) BERHAD (4485-H).
ALL RIGHTS RESERVED.

Posted by Cakes Moon > 2019-12-04 18:09 | Report Abuse

Bila mau naik?

Posted by lim7722 > 2019-12-05 10:58 | Report Abuse

the epf buy buy sell sell

Posted by zhen wei & JP > 2019-12-05 12:35 | Report Abuse

Loan defaulters to rise april 2020.

Posted by skybursa > 2019-12-05 18:13 | Report Abuse

Still waiting for a good bargain.

Posted by KP_RECT > 2019-12-06 18:17 | Report Abuse

will this double top break 8.38 ?

Posted by ahbah > 2019-12-06 21:20 | Report Abuse

Retain NEUTRAL. Although the growth outlook for banks is modest, we draw comfort from the sector’s inexpensive valuations as it trading near -2SD to its 5-year average P/B. Those that favour exposure to this sector have to be selective.

We like banks that give above average dividend yields (Maybank; TP: RM9.50), still eking out healthy growth (RHB; TP: RM6.45 & BIMB; TP: RM5.00), and saw its valuations got bashed down to below -2SD and trough level (Alliance; TP: RM3.30).

Maybank; TP: RM9.50),

Source: Hong Leong Investment Bank Research - 6 Dec 2019

Posted by ahbah > 2019-12-07 10:27 | Report Abuse

Maybank in very chip mode ... time to buy n keep for prosperity !

Guaranti winner !

Posted by ahbah > 2019-12-07 10:32 | Report Abuse

Maybank’s 3Q19 net profit nudged up 3% QoQ (within expectations) on the back of wider NIM, better NOII, and lower effective tax rate. However, these positives were offset by higher loan loss allowances. Besides, lending growth tapered and asset quality weakened a little.

Overall, our forecasts were left unchanged. We still believe that the stock’s risk-reward profile is skewed to the upside, premised on being: (i) a prime candidate for rotational yield play and (ii) less susceptible to foreign equity sell-off.

Hence, retain BUY and GGM-TP of RM9.50, based on 1.30x 2020 P/B.

Source: Hong Leong Investment Bank Research - 5 Dec 2019

Posted by ahbah > 2019-12-07 10:49 | Report Abuse

“Outstanding loans from the banking system have registered a more moderate expansion. As at end September 2019, the annual growth in outstanding loans from the banking system moderated to 3.8 per cent from 5.6 per cent in 2018 and 4.1 per cent in 2017.

“The moderation in credit growth reflects both structural and cyclical trends,” BNM said.

Posted by RainT > 2019-12-07 14:29 | Report Abuse

wah

Posted by RainT > 2019-12-07 14:33 | Report Abuse

@prudentinvestor

dont mislead those uncles aunties retiree la

keep money in EPF only get dividend declare but the capital is protected

if u invest in MAYBANK, if market crash, MAYBANK will big drop, that time capital also loss and need wait long time to recover back (how long or short is we dont know)

Posted by RainT > 2019-12-07 14:34 | Report Abuse

try see back last time economy crash , MAYBANK share price is big drop

only very few companies can maintain share price during share market crash

Posted by RainT > 2019-12-07 14:39 | Report Abuse

this all bad performance in KLSE index and Msia share market

thanks to PH government

not clear /incompetent economy policy
focus on the wrong thing : fly car, jawi education, fight in party meeting
cancel major pojects
failed public relation : keep on announce to external how bad is Msia finance, high debt, huge debt
keep on blame old BN, cannot take action to rectify
keep on U turn policy
many promise, no action
and many more...

Posted by zhen wei & JP > 2019-12-07 22:40 | Report Abuse

Next quarter real bad, profit decline . Retail segment breakeven FY19.
Q4 Real estate to decline 15%

Multimillionaire gone bust 2020.

Posted by moven00 > 2019-12-07 22:54 | Report Abuse

Bagus la...pls banyak2 bad news. Kita sedia beli kalau Rimau Malaya kuat Turun.

Posted by dragonslayer > 2019-12-08 23:09 | Report Abuse

Aiyo..when can start 858..868..878..888..898 again...very long oredy leh..one cylce ...now half done oredy..another half can start tomolo kah....looking at dji so green leh..pecah 28k again..bursa still very slow leh...aiyoyo...kikiki

Posted by xxxx > 2019-12-09 02:04 | Report Abuse

Up or down, I buy 5 lots weekly and wait for good times. Down more I buy more.

Posted by Jaya > 2019-12-09 04:42 | Report Abuse

Xxxx
I am with you brother

Posted by mikeymouse > 2019-12-09 09:35 | Report Abuse

Currently hold 10k units avg price at 8.61.
If drop to 8 I will sell all my other stocks to buy maybank.
If drop to 7 I will take personal loan to buy maybank.
If drop to 6 I will refinance my house to buy maybank.

Posted by ShareShaker > 2019-12-09 17:20 | Report Abuse

@RainT I thought jibby was the worst finance minister, obviously I was wrong......

Posted by Jaya > 2019-12-09 23:27 | Report Abuse

Mikeymouse
I also bought today 8.53

Posted by lim7722 > 2019-12-10 16:24 | Report Abuse

you guys expect PH to clean the shit within one term....too naive

Posted by masterus > 2019-12-10 18:53 | Report Abuse

Tuesday, December 10, 2019

KBank warns of baht volatility after sell-offs
National
Dec 09. 2019
Facebook TwitterBy The Nation3,458 Viewed
The baht faced sell-offs early in the week in line with falling safe-haven currencies and assets, triggered by stronger-than-expected Chinese PMI (purchase managers index) data.

The baht fell further later in the week to a one-month low of Bt30.38 to the US dollar, after the Bank of Thailand (BOT) signalled to closely monitor the baht's movement and warned that the Thai currency would likely be volatile and might not have one-sided gains as seen in the past months. In addition, the baht’s losses were also in line with net foreign selling orders of Thai stocks. During the week December 9-13, Kasikorn Research Centre (KBank) expects the baht to move within a range of Bt30.20-30.50 to the dollar.

Posted by zhen wei & JP > 2019-12-11 01:15 | Report Abuse

A boring Malaysia.

Posted by WarrenPuffet > 2019-12-11 08:53 | Report Abuse

Someone is trying to pull down the market for certain benefit purposes while there are some parties trying to hold and covering the market that is why it is still look stabilise yet on a slow down trend.
When they can't hold much longer.....the impact will be very much bigger and serious.

Posted by Xia YiDao > 2019-12-12 10:00 | Report Abuse

Sad, no money buy to lower average cost. I hold 20k Maybank @ 9.28 average. See you All said average cost so Low, I felt I totally Hopeless lol

Posted by Cakes Moon > 2019-12-12 10:27 | Report Abuse

Don't you worry too much, I will help to push Maybank share price back to RM9.30 for you.
:)

Posted by skybursa > 2019-12-12 14:52 | Report Abuse

Everyday around 8.50. No chance to buy below 8.00

Posted by icepumpkin > 2019-12-12 15:16 | Report Abuse

Everybody is trying to collect at 8.50. Below 8 is a wish list. happy holidays all.

Posted by Mary Tan Ling > 2019-12-12 18:45 | Report Abuse

@cakes moon i fatt tat loh u push to rm9.30 :)))

Posted by ahbah > 2019-12-13 10:20 | Report Abuse

•In terms of sector, we are OVERWEIGHT on banks, consumer, oil & gas

and utilities.

Our top picks are Maybank, Tenaga Nasional, RHB Bank,

Westports, Kossan, Serba Dinamik, DRB-Hicom, MMC Corp, MBM Resources

and Guan Chong.

Source: AmInvest Research - 12 Dec 2019

Posted by Jeffreyteck > 2019-12-13 10:46 | Report Abuse

Authorities are silent on foreign fund outflows but just highlight inflow of FDI.