Posted by Hooi369 > 2020-05-21 16:21 | Report Abuse

people talking about BLR might further drop...

Posted by intern > 2020-05-21 18:58 | Report Abuse

This QR is Jan-Mar, which accounts only first phase of MCO. The impact of MCO will probably be shown in the next QR.

Posted by aliyusof > 2020-05-21 19:45 | Report Abuse

Agreed with Intern. Our MCO started on 18 March.

Posted by smallbird9 > 2020-05-21 22:27 | Report Abuse

Nah not me say but Maybank own self...
Maybank warns of margin compression, more bad loans

Posted by smallbird9 > 2020-05-21 22:29 | Report Abuse

https://www.theedgemarkets.com/article/maybank-1q-net-profit-rm205b-revenue-climbs-rm1322b

Posted by smallbird9 > 2020-05-21 22:31 | Report Abuse

The worse is yet to come

Posted by masterus > 2020-05-22 06:16 | Report Abuse

Australian coal exporters are facing the risk of tougher restrictions selling into China as government authorities in Beijing direct state-owned power plants to purchase domestic product instead.

The move threatens to add to escalating tensions between Australia and its largest trading partner and follows new customs reforms that analysts fear could lead China to delay cargoes of Australia's most lucrative export, iron ore.

Posted by smallbird9 > 2020-05-23 08:00 | Report Abuse

Analysts cut Maybank’s earnings projection by as much as 25%
https://www.theedgemarkets.com/article/analysts-slash-maybanks-earnings-projection-much-25

Posted by smallbird9 > 2020-05-23 08:02 | Report Abuse

Maybank start to go Holland...RIP

Posted by Shashe > 2020-05-23 09:34 | Report Abuse

@smallbird9
We cannot just judge from what Analyst Tan said. Pls also read what Keith Wee said.

Posted by masterus > 2020-05-23 11:17 | Report Abuse

US Senate passes bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges

The US Senate passed a bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges, as tensions between US and China flared up once again. The bill seeking to delist Chinese companies was introduced by John Kennedy, a Republican, and Chris Van Hollen, a Democrat. Signalling bipartisan support, the Senate passed the bill unanimously. It would also require companies to certify that they’re not under the control of a foreign government. Shares of Chinese e-commerce giant Alibaba saw its US-listed shares fall more than 2% after the development.

Posted by RainT > 2020-05-23 17:24 | Report Abuse

MAYBANK

no need think so much

when have mega sales, buy

if not keep it inside fridge

Posted by numberone > 2020-05-23 19:16 | Report Abuse

Haha the comment here is damn hilarious, all these investors wanted to buy MBB at low price, but not gonna happen. Maybank will not happen, and survive many crisis with stronger financial reserves. Ignore those morons here

Posted by i3 newbie > 2020-05-23 20:27 | Report Abuse

MBB fair value please hehe

Posted by dragon12345 > 2020-05-23 20:28 | Report Abuse

https://www.enanyang.my/news/20200522/马银行-br赚幅萎缩砍财测/

Posted by dragon12345 > 2020-05-23 20:29 | Report Abuse

https://youtu.be/t6a2n7G8eMk

Posted by dragon12345 > 2020-05-23 20:32 | Report Abuse

Affin Hwang Investment Bank Bhd analyst Tan Ei Leen has lowered Maybank’s FY20 net profit forecast by a whopping 25% to account for a larger degree of net interest margin (NIM) compression in 2020 of 24 basis points (bps).

This took into account the impact of the RM1 billion “modification loss” arising from the hire purchase portfolio and higher net credit cost of 80bps to 89bps in 2020 to 2021, versus 52bps to 55bps previously, on additional provisions for "forward-looking assumptions" of weaker macroeconomic variables, Tan said in a note to investors today.

She has projected Maybank’s net profit at RM4.88 billion in FY20, and RM6.17 billion in FY21, on revenue of RM22.72 billion and RM24.12 billion respectively.

Tan noted that Maybank’s management is undertaking a more conservative provisioning stance, and has set a net credit cost (NCC) guidance of 75bps to 100bps for 2020 while expecting NCC to stay elevated in 2021.

With the group’s dividend expected to come down come down by between 4% and 5.7% in 2020 to 2021, she said there could be risks of downward selling pressure on the stock. The upside risk include lower credit default risks.

Tan has maintained a 'sell’ rating with a lower target price (TP) of RM5.80, based on a P/BV (price-to-book value) target of 0.77 times with a 2021 BVPS (Book value per share) of RM7.51.

Posted by harold8990 > 2020-05-24 20:31 | Report Abuse

1997-1998 crisis, 2007-2008 crisis...maybank dividend stayed the same..and now 2020-2021 crisis..those who are selling please sell more to keep price down because im collecting

Posted by harold8990 > 2020-05-24 20:37 | Report Abuse

Slowly collect to 100lots and averaging around rm6.5...rm650000 capital then yearly 57-60 cents dividend amounting to 57k - 60k a year..divide by 12 get around 5k a month doing nothing...

Posted by Shashe > 2020-05-24 22:20 | Report Abuse

@harold8990
I agreed. Maybank dividend never disappoint me. I’m also collecting slowly.

Posted by harold8990 > 2020-05-24 23:36 | Report Abuse

Yeappp..once all big caps start to pick up slowly its too late to buy in

Posted by Goodprofit > 2020-05-24 23:38 | Report Abuse

I am waiting for big drop RM3.5 soon

Posted by aliyusof > 2020-05-25 09:13 | Report Abuse

Never read Affin Hwang analyst reports. Their TP always very low but never accurate all the times.

Posted by gohku > 2020-05-25 11:14 | Report Abuse

Need to think carefully Affin bank already very undervalue with its NTA of rm 4.70, dividend yield 5% pa and PE 6x, very unlikely can drop to Rm 0.75.

At this price valuation very undemanding and attractive.

Posted by MrLonely > 2020-05-25 15:52 | Report Abuse

Scary years ahead

Posted by masterus > 2020-05-25 22:37 | Report Abuse

Hong Kong police fired tear gas and water cannon to disperse thousands of people who rallied on Sunday to protest against Beijing's plan to impose a new national security law on the semi-autonomous city.

In a return of the unrest that roiled Hong Kong last year, crowds thronged the Causeway Bay shopping area in defiance of curbs imposed to contain the coronavirus. Chants of "Hong Kong independence, the only way out" echoed through the streets.

Posted by smallbird9 > 2020-05-25 22:41 | Report Abuse

Don't be so optimistic that banks are sure win or profits guaranteed. This pandemic may cause banks to post huge losses and dividend payouts not sustainable

Posted by smallbird9 > 2020-05-25 22:43 | Report Abuse

Non performing loans and defaults are already at an alarming rates. Just look at the business situation out there on the streets u can guess it

Posted by DickyMe > 2020-05-25 22:44 | Report Abuse

Just wait for SUB-PRIME CRISIS.

Posted by RedEagle > 2020-05-26 10:26 | Report Abuse

Decide after announce Q2 then wait until Q3, buyback after Q4.. 2020 will be losses to all banking and financial institutions. Monatorium Impairment comminggg..

Posted by stockraider > 2020-05-26 11:26 |

Post removed.Why?

Posted by stockraider > 2020-05-26 11:35 | Report Abuse

Looking at the bank model....as a bank shareholders, u r safe and very happy loh...!!

Everybody work hard paying for the bank loan 1st mah...!!

After your hardwork u really still cannot pay...the bank sell your assets mah..!!

But after selling your assets, they still go after u for any shortfall loh...!!

U still need to repay the lower balance shortfall with higher interest rates by instalment bcos it is unsecured loan loh...!!

U like this type of business or not leh ??

Warren buffet like this very much mah...!!

Posted by DickyMe > 2020-05-26 11:52 | Report Abuse

Very simple man example based on per customer.

The bank deals with hundreds of thousands if not million.
Calculate the amount of loan outstanding and no guarantee of being fully paid.

It is LA LA land example that those who borrow will abide the rules and be on time with their repayment. If only everyone has integrity, responsibility and honesty, there will be few need for LOANS.

Posted by stockraider > 2020-05-26 11:58 | Report Abuse

Still aggregration of loans of many will give quite a close representative position of soundness mah...!!

Posted by stockraider > 2020-05-26 12:04 | Report Abuse

Instead of buying into genting and airasia where there have no income visibility during MCO....or buying into GLOVES where they is rapid runup in share price...it is much better buying into banks loh...!!

The valuation of bank is reasonably cheap loh...!!

REMEMBER THE BANK WILL STILL START to CHARGE U INTEREST WHILE U R CLOSE , ON HOLIDAY OR SLEEPING....INCOME ARE MAKE NON STOP By the bank MAH...!!

Posted by MrLonely > 2020-05-26 12:39 | Report Abuse

Get pass this year only decide too risky
Anythime could go 3.90

Posted by RedEagle > 2020-05-26 12:44 | Report Abuse

6 months impairment morotorium and lesser cashflow opportunity to generate income for Bank, will impact banking sector profit in 2020..

Posted by MrLonely > 2020-05-26 13:13 | Report Abuse

60% unemployment

Posted by MrLonely > 2020-05-26 16:47 | Report Abuse

Will there be 2nd wave covid19 ??

Posted by stkoay > 2020-05-26 17:30 | Report Abuse

60% unemployment?

No wonder you are lonely...who wants to be with someone who think silly and talk nonsense.

Haha.

Posted by MrLonely > 2020-05-26 18:06 | Report Abuse

2nd wave incoming

Posted by stkoay > 2020-05-26 18:12 | Report Abuse

https://www.theedgemarkets.com/article/shares-reach-10week-high-sp-500-eyeing-3000

LONDON/SYDNEY (May 26): World shares forged ahead on Tuesday and commodity markets drove higher as well, as investors disregarded Sino-US tensions to focus on more stimulus in China and a re-opening world economy.

Britain's FTSE and Japan's Nikkei led their regions with 2.2% gains, while US S&P 500 futures cleared the 3,000 level for the first time since early March, when the economic impact of the coronavirus was just becoming clear.

Europe's early spurt saw the STOXX 600 score a near 11-week high. Travel and leisure stocks jumped almost 6% after Spain had said quarantine-free tourism would resume next month.


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Haha.....lonely, silly, nonsense.

Posted by MrLonely > 2020-05-26 21:29 | Report Abuse

Fake up then big drop later

Posted by stkoay > 2020-05-26 22:27 | Report Abuse

Hahaha.....so surprised there are indeed people with such mentality.......hahaha.....

Posted by harold8990 > 2020-05-27 07:40 | Report Abuse

One of the reasons i invested in Maybank is because it is the “face” of Malaysia gov especially in SEA...usually, gov will do their best and at whatever cost to make the face of the country to look good for foreign investors to come in..

Posted by MrLonely > 2020-05-27 09:30 | Report Abuse

Philippine & vietnam better
Malaysia 15 years later maybe

Posted by MrLonely > 2020-05-27 09:31 | Report Abuse

Fix the education system
Especially the orang asli area kids

Posted by aliyusof > 2020-05-27 10:42 | Report Abuse

MAS is also face of Malaysia in the world. See how may rounds of mismanagement and bailouts done so far. The DNA of MAS will never change and it will go down again this time.

Posted by harold8990 > 2020-05-27 10:59 | Report Abuse

comparing Maybank vs MAS.......aha...i think there is a LOT of difference there...hehe....from QR to management.....and also dividend.

Posted by aliyusof > 2020-05-27 11:59 | Report Abuse

Maybank surely 100% better than rubbish MAS