Posted by masterus > 2020-04-27 10:26 | Report Abuse

By Geoff Earle, Deputy U.s. Political Editor For Dailymail.com
21:21 24 Apr 2020, updated 16:00 26 Apr 2020

Posted by EDINVESTOR > 2020-04-27 13:21 | Report Abuse

Lending loans to American is high risks for china. They may someday refused to pay at all. China bashing will not stop .

Posted by apple168 > 2020-04-27 13:24 | Report Abuse

https://www.straitstimes.com/business/banking/stancharts-troubled-loans-top-854m-to-problem-companies-including-hin-leong

Posted by Jeffreyteck > 2020-04-27 13:40 | Report Abuse

Entering 5L regime:
Lower share price.
Lower deposit rates.
Lower epf returns.
Lower growth.
Lower exchange rate.
Few may have turned into N, negative.

Posted by Junichiro > 2020-04-27 15:02 | Report Abuse

Posted by Jeffreyteck > Apr 27, 2020 1:40 PM | Report Abuse

Entering 5L regime:
Lower share price.
Lower deposit rates.
Lower epf returns.
Lower growth.
Lower exchange rate.
Few may have turned into N, negative.

This is the post-Covid world. We must learn to live with it.

Posted by smallbird9 > 2020-04-27 16:54 | Report Abuse

Better run loh all banks worldwide losing money due to virus mah

Posted by smallbird9 > 2020-04-27 16:55 | Report Abuse

Most banks cancelled dividends or slash dividends...habis loh kaputt! See latest NAB australia also half their dividend lol

Posted by smallbird9 > 2020-04-27 16:58 | Report Abuse

Unemployment rising to historic high so sure banks' Non Performing Loans NPL going to rise due to many ppl jobless can't pay loans ..defaults etc kaputt again die loh

Posted by EDINVESTOR > 2020-04-27 17:22 | Report Abuse

Run to where? So chicken than put money & earn 2.5% interest in bank hahaha! The best time to buy is during bear market. Unless you don't have spare cash to invest. Buy & keep for longterm. Cowards don't makes money.

Posted by stocksyndicate > 2020-04-27 17:27 | Report Abuse

Bank not safe than I suggest you hide your money under your mattress. But beware of termites.

Posted by Wayne1234 > 2020-04-27 18:09 | Report Abuse

Being fearful at moment like this is normal. But look at every post crisis, the economy recovers and go much higher than before.

Posted by RedEagle > 2020-04-27 21:04 |

Post removed.Why?

Posted by Jaya > 2020-04-28 08:01 | Report Abuse

Banks fall today

Posted by smallbird9 > 2020-04-28 08:08 | Report Abuse

Some sohhai think banks sure safe? All banks suffer profit margin compression, increasing NPL and risks of more defaults. These are already enough to send banking stocks downward. Go google around the web also u can see that more & more banks have cut their dividends payout while some have cancelled dividend altogether.

Posted by Jaya > 2020-04-28 08:48 | Report Abuse

Check out hsbc results
600m npl reserve already made

Posted by leslieroycarter > 2020-04-28 11:47 | Report Abuse

Until MCO ended no way to recover

Posted by Jaya > 2020-04-28 15:56 | Report Abuse

Sorry not 600m but 3b npl reserve

Posted by stocksyndicate > 2020-04-29 06:30 | Report Abuse

Smallbird9 withdraw all your money from your bank account if bank I'd not safe to you. What & where is consider safe for you? Put your money under your mattress suggest.

Posted by masterus > 2020-04-29 06:45 | Report Abuse

Select Language​▼
MALAYSIACORPORATE
TOP STORIES
Highlight
BNM expected to cut OPR by another 75 basis points — CGS-CIMB
Lai Ying Yi
/
theedgemarkets.com

April 23, 2020 11:40 am +08



-A+A
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said today it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

CGS-CIMB economists Michelle Chia and Lim Yee Ping wrote in a note that the nation’s monetary policy is likely to become more accommodative and CGS-CIMB expects BNM to reduce the OPR by 50bps this May, followed by a further 25bps cut in the second half of 2020.

Posted by smallbird9 > 2020-04-29 07:31 | Report Abuse

For sure BNM will continue with more OPR cuts to shore up the economy and SMEs. Do u know what OPR reduction means to all banks in Malaysia? That means banks will earn a lot less on interests income. That is just one reason why banks will suffer more.

How about Non Performing Loans (NPL), personal or business mortgage/loan defaults, bank industry's profit margin compression? To add matters worse, banks could reduce dividends or cancelled all dividends to preserve their capitals. Do u not know in Europe they passed the law to forbid banks to give out dividends? In Australia, NAB also does the same. U think Maybank the highest capped listed company in Bursa will not mitigate their own risks which are obvious already? Think carefully.

Posted by smallbird9 > 2020-04-29 07:32 | Report Abuse

stocksyndicate, do u understand any of the above?

Posted by masterus > 2020-04-29 13:24 | Report Abuse

Wti crude oil : $13.63/barrel
Brent crude oil: $21.08/barrel

Posted by masterus > 2020-04-29 20:47 | Report Abuse

Foreign Central Banks Sell $109 Billion of Treasuries in March
By Emily Barrett
April 2, 2020, 4:48 PM EDT
Custody holdings at Fed post largest monthly drop on record
Decline comes as Fed rolls out repo facility to ease pressure

Posted by masterus > 2020-04-29 20:49 | Report Abuse

Money Is Still Pouring Out Of Emerging Markets, Except For China

China’s counterparts — Brazil, Russia, India, South Africa and even Mexico — have not lured investors in, even on the lows.

There will always be investors looking for deals in emerging markets in the middle of a sell-off and a crisis — buy low, sell high, afterall — but judging by fund flow data, the big money is willing to wait this one out.

China’s equity market raked in almost $10 billion of net fund inflows since the beginning of March 2020, according to fund flow data provider EPFR Global in Cambridge, Massachusetts. They are the only stand out.

Posted by smallbird9 > 2020-04-30 14:35 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/04/30/completed-and-unsold-properties-hit-rm415bil

See the above. Completed and unsold properties hitting RM 41.5 billions! No joke! So Maybank being the largest bank in Malaysia...for sure it has large exposure to the local housing market in loans...be it loans to developers or buyers. That should point to Non Performing Loans are rising among Malaysian banks.

Posted by skybursa > 2020-04-30 17:25 | Report Abuse

Looks like someone keep posting negative news about MAYBANK. Wish to buy at cheaper price? Probably I think

Posted by Plantermen > 2020-04-30 23:51 | Report Abuse

Banks big u turn on automatic loan deferment moratorium {bad for people but good for their bottom line}

Posted by mf > 2020-05-01 18:35 | Report Abuse

RON 95, RON 97, diesel prices remain unchanged

Posted by hck1981 > 2020-05-02 00:50 | Report Abuse

now all people need to pay back the CAR LOAN as from BNM....Thus MAYBANK have largest car loan...so it will give back more income or profit back to MAYBANK....target price rm8.00....

Posted by Tedinvestor > 2020-05-02 09:34 | Report Abuse

Now is time to buy & keep for 2 years. You won't regret. Is the biggest bank in Malaysia and offered the highest dividend among local banks. The share price are less volatile because many local institutions and government funds support the index by buying MAYBANK shares.

Posted by Jeffreyteck > 2020-05-02 13:37 | Report Abuse

Bank N clears air over HP loans.... highly paid people are rarely understand those poors' situations. Prefer unmerged banking institution those days. Merged creates higher income discrepancies with lesser jobs opportunities including number of ceos, and less options for consumers.

Posted by i3 newbie > 2020-05-02 15:08 | Report Abuse

now moratorium u turn will charge profit or interest
sure can pay dividend lol

Posted by stockraider > 2020-05-02 18:59 | Report Abuse

U understand this scenario for the bank loh...!!

Suppose u borrow a conventional loan from the bank for Rm 500k at 4% pa for 30 years. Your instalment is rm 3100 per month and your current outstanding is Rm 300k.

Suppose the bank give u 6 months morotarium u no need service your loan instalment of rm 3100 u will conserve cash of roughly rm 18.6k but then your outstanding loan would have grown to rm 306k bcos of not paying your instalment, after 6 months u continue service your loan again at rm 3100 per month and u will take about slightly about 6 months longer to completely payoff your loan loh...!!

Notice the morotarium is to help u to conserve cash of rm 18.6k and not complete interest waiver for u mah...!!

So the same should applies to hire purchase loan & islamic loan, u must be responsible to payback the bank with cost but without penalty for the extension of loan repayment loh.

U cannot say u do not want to bear the interest cost and the bank cannot charge u penalty interest for delay payment mah...!!
So long as the bank did not charge u higher rate, u should be responsible to pay the bank at the existing interest rates loh...!!

Remember there is no free lunch mah....the bank just help u to conserve cash during the difficult period and help u to tide over....but u must do your part & start paying up after the morotarium

Posted by i3 newbie > 2020-05-02 21:57 | Report Abuse

newbie just worry if many dont conserve cash but put to stock market instead,
then now bank u turn want to charge profit ...

can see from bursa statistic:

https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_trading_participation_investor_2020-02-29.pdf
https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_trading_participation_investor_2020-03-31.pdf

any insight?

Posted by skybursa > 2020-05-02 22:09 | Report Abuse

The interest is only a kacang putih of the loan. Don't borrow if you unable to paid back. Nobody force you to borrow. Buy cash or dont buy anything at all. Shame la

Posted by stockraider > 2020-05-02 22:31 | Report Abuse

Don be sohai mah, the cash you conserve thru loan deferment is for your business operations and for your emergency reserve, do not over invest in stock market mah.....!!

Posted by i3 newbie > May 2, 2020 9:57 PM | Report Abuse

newbie just worry if many dont conserve cash but put to stock market instead,
then now bank u turn want to charge profit ...

can see from bursa statistic:

https://www.bursamalaysia.com/misc/missftp/securities/securities_equit...
https://www.bursamalaysia.com/misc/missftp/securities/securities_equit...

any insight?



Posted by skybursa > May 2, 2020 10:09 PM | Report Abuse

The interest is only a kacang putih of the loan. Don't borrow if you unable to paid back. Nobody force you to borrow. Buy cash or dont buy anything at all. Shame la

Posted by Jeffreyteck > 2020-05-02 23:40 | Report Abuse

It will be the greatest joke if those not affected yet banks waived their hp interest etc. Laughing all the ways as $ did not go those who need the most.

Posted by newbie8080 > 2020-05-03 11:21 | Report Abuse

With interest rate getting lower, Banking stocks are no longer attractive and their net interest margin gets lower and lower.

Next month BNM will be announcing their interest rates movement.
Stay tune.

Posted by stocksyndicate > 2020-05-03 17:53 | Report Abuse

Conserve cash to put into stock market? Those are ikan bilis characters. If you have problems paying your bank loan, don't invest. It means those who grumbling about paying interests sound like beggars. You pay what you borrowed.

Posted by stocksyndicate > 2020-05-03 17:54 | Report Abuse

Even in opr drop to Zero, bank still make money by lending. Don't be stupid

Posted by Lucky81 > 2020-05-03 18:00 | Report Abuse

can sleep well when stock depreciatiate and no money to pay loan? Angan angan mat jenin.

Posted by Lucky81 > 2020-05-03 18:01 | Report Abuse

call akpk before putting money in bursa.

Posted by Lucky81 > 2020-05-03 18:01 | Report Abuse

kikiki

Posted by i3 newbie > 2020-05-03 21:44 | Report Abuse

wow newbie found a sibling here hehe ..
wolf of wall street lol
there got a chinese proverb saying like this
ten thousand decayed bones are the foundation of one general's great success

Posted by funkyway > 2020-05-04 09:39 | Report Abuse

just bought more maybank. lets go!

Posted by funkyway > 2020-05-04 09:43 | Report Abuse

malaysia blue chip very strong. wont drop much. my remisier said

Posted by Smarti3 > 2020-05-04 12:16 | Report Abuse

Time to invest Maybank share?

Posted by Stockhunter88 > 2020-05-04 12:30 | Report Abuse

This 1 behind got pnb.. How to drop?

Posted by leslieroycarter > 2020-05-04 13:06 | Report Abuse

PNB also got no use . Not yet off the beaten track .

Posted by Kennylo25 > 2020-05-04 14:20 | Report Abuse

May I know maybank still have dividend and which month?