Posted by alvin5588 > 2020-05-27 12:02 | Report Abuse

Rebound soon..

Posted by LoansDefaults67 > 2020-05-27 16:07 | Report Abuse

Maybank sure go Holland lo...kaputt start eh

Posted by DickyMe > 2020-05-27 16:33 | Report Abuse

Maybank cannot afford to give dividend because many loan defaults or non performing loans.
Where to get money to pay dividend when debtors are not paying the interest/profit on loans?

Posted by zerocool7199 > 2020-05-27 19:30 | Report Abuse

A lot of cheap and good opportunity stock to grab right now why choose banking stock??waste your bullet

Posted by stockraider > 2020-05-27 19:30 | Report Abuse

They give mostly maybank share as dividend in specie mah...!!

Every year like that mah, sure can afford to pay loh...!!

Posted by DickyMe > May 27, 2020 4:33 PM | Report Abuse

Maybank cannot afford to give dividend because many loan defaults or non performing loans.
Where to get money to pay dividend when debtors are not paying the interest/profit on loans?

Posted by smallbird9 > 2020-05-27 21:43 | Report Abuse

Banks are very calculative. With all SME and corporations suffer losses, banks will not give out dividends during recession. Maybank is no different

Posted by Stockhunter88 > 2020-05-27 22:07 | Report Abuse

every corporate are calculative, they are not running charity. Back to Maybank, they have very wide spectrum of customer in their portfolio; and SME is only a fraction of them. If Maybank is hitting hard by covid, i am pretty sure all other banks in Malaysia are equally same if not worse.

Posted by i3 newbie > 2020-05-27 22:18 | Report Abuse

seems like no bank spare from covid
https://klse.i3investor.com/blogs/savemalaysia/2020-05-23-story-h1507806732-Banks_earnings_show_real_economy.jsp

Posted by smallbird9 > 2020-05-27 22:56 | Report Abuse

In fact most banks margins are hit by covid but being the largest bank will definitely be dragged down far worse than its peers. Expect the unexpected coming..maybe a surprising big fall in profits or even losses in next quarter

Posted by stockraider > 2020-05-27 23:05 | Report Abuse

Remember the largest bank normally will fare the best compare to the rest mah....!!

Posted by smallbird9 > May 27, 2020 10:56 PM | Report Abuse

In fact most banks margins are hit by covid but being the largest bank will definitely be dragged down far worse than its peers. Expect the unexpected coming..maybe a surprising big fall in profits or even losses in next quarter

Posted by mf > 2020-05-28 08:05 | Report Abuse

Covid-19 Deaths Reach 100,000 in the U.S.

Posted by samheong78 > 2020-05-28 10:29 | Report Abuse

Hi harold8990,
if invest in Maybank 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...

Do we need to pay tax on the above dividend income?

Posted by samheong78 > 2020-05-28 10:55 | Report Abuse

I look at the entitlement history and notice -->Single-tier interim cash dividend RM0.25 (with Dividend Re-Investment Plan)
Can anyone explain what is the above means? Does it means Maybank giving RM0.25 dividend or giving us some share quantity that equivalent to RM0.25?

Posted by harold8990 > 2020-05-28 14:12 | Report Abuse

Samheong78, from what i know, we dont have to pay tax for that..unlike REITs then we need to pay tax on the dividend which will be cut straightaway from the dividend before it is credited to you..Dividend Reinvestment plan means you have the option of allocating an approved portion of your dividend to buy Maybank shares at a discounted price, with an approved limit given by the house..this means that your average price for maybank shares will become lower and lower the longer you keep your shares.

Posted by WinnerWay > 2020-05-28 16:58 | Report Abuse

samheong78, for REIT if there is no tax on the income if more than 90% of its income is distributed out to its shareholder which means that the tax obligation now is on the shareholder. And for the dividend you earn from those listed companies, you don't have to pay anymore tax as they already taxed before the dividend is distributed to your account. There is no double taxation in Malaysia, either tax upfront or later.

Posted by samheong78 > 2020-05-28 17:04 | Report Abuse

Thank you so much to both harold8990 and WinnerWay

Posted by NewbiesJC > 2020-05-28 19:12 | Report Abuse

The 25 cents split into 2 portion, ie cash dividend and option to reinvest. You can refer to their announcement.

For DRP, refer to https://www.maybank.com/iwov-resources/corporate/document/my/en/pdf/Maybank_DRP_General_FAQ.pdf

Posted by Newbaby1412 > 2020-05-28 19:18 | Report Abuse

Anyone know when will declare dividen ?

Posted by skybursa > 2020-05-28 19:43 | Report Abuse

Reinvest is a bad option. With expanding shares means the future earnings per share will drop.

Posted by skybursa > 2020-05-28 19:45 | Report Abuse

Public Bank & Hong Leong Bank a better bet compared to Maybank. Just sold off all my holding.

Posted by masterus > 2020-05-29 06:57 | Report Abuse

HONG KONG: A national security law proposed by China could imperil Hong Kong’s status as one of the world’s best places to do business.

Posted by Tedinvestor > 2020-05-31 07:36 | Report Abuse

US Government are get a tastes of what's happening in Hongkong. Police there treat black men violently.

Posted by masterus > 2020-06-01 06:55 | Report Abuse

Live Updates
U.S. braces for a sixth night of mass protests as police become more aggressive

Posted by alvin5588 > 2020-06-01 10:27 | Report Abuse

https://focusmalaysia.my/mainstream/short-term-rates-to-remain-stable-on-bnms-operations-36/?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR3ZIuTEVHTTTh5XaLcIO5Do2ajnP4JFxlvD7cpGfsn4meKMacFScFGlRcg#Echobox=1590977994

Posted by masterus > 2020-06-01 13:59 | Report Abuse

Trump taken to underground bunker as protests grew outside White House: Reports
SAVANNAH BEHRMANN | USA TODAY | 2 hours ago

Posted by aliyusof > 2020-06-01 18:37 | Report Abuse

Scary cat

Posted by aliyusof > 2020-06-02 16:59 | Report Abuse

Maybank and also all other banking stock prices holding on quite well.

Posted by xctznmunhon > 2020-06-02 18:10 | Report Abuse

Should have bought early。

Posted by masterus > 2020-06-02 20:57 | Report Abuse

This Is What The Insurrection Act Of 1807 Is And How Trump Could Try To Use It

Posted by aliyusof > 2020-06-02 22:07 | Report Abuse

What Trump got to do with Maybank here?

Posted by xxxx > 2020-06-03 04:54 | Report Abuse

Trump=Idiot=Disrupter!

Posted by Hush77 > 2020-06-03 09:50 | Report Abuse

maybank the most undervalue bank

Posted by ashrelniko > 2020-06-03 13:18 | Report Abuse

skybursa, do other banks also continually issue more shares diluting their earnings per share?

Posted by Shashe > 2020-06-03 13:37 | Report Abuse

@masterus
Pls stop posting news that has nothing to do with maybank. You are posting too much. Pls go post at usa share market forum. Thank you!

Posted by stockraider > 2020-06-03 13:45 |

Post removed.Why?

Posted by Dcmh > 2020-06-03 13:47 | Report Abuse

PN & Bursa playing
retailer do not have so much money with 3 months MCO

Posted by pharker > 2020-06-03 15:38 | Report Abuse

Which commercial banks has the lowest HP car loan exposure..and least modification loss ?

Posted by gungho92 > 2020-06-03 15:39 | Report Abuse

wow ! someone must be thinking banking stocks are dirt cheap !

Posted by pewepw > 2020-06-03 15:57 | Report Abuse

something big is happening

Posted by aliyusof > 2020-06-03 16:40 | Report Abuse

All banking stocks moving up !!

Posted by pang72 > 2020-06-03 17:05 | Report Abuse

Buying bank better than gkove wow!!

Posted by pang72 > 2020-06-03 17:06 | Report Abuse

Bank want glove to drop....
Glove just drop...

Glove want bank to drop..

Bank would not drop.. Hihi

Posted by Stockhunter88 > 2020-06-03 17:18 | Report Abuse

Top glove say hello

Posted by newbie2019 > 2020-06-03 20:21 | Report Abuse

still below my average price....sigh....

Posted by Monica > 2020-06-03 23:08 | Report Abuse

huat ah!

Posted by Stockhunter88 > 2020-06-03 23:13 | Report Abuse

New place for shark to pledge as collateral... Hehe

Posted by Johnng8882020 > 2020-06-04 02:24 | Report Abuse

Funds change direction to banking from glove. Now is finance sector to huat liao.

Posted by tkl88 > 2020-06-04 06:55 | Report Abuse

Wow, Amazing !
Dow Jones closed at=> 26,269.89 (+527.24) (+2.05%) !
World economy reopen and now is the start of the world bullish market including Malaysia !

Huat ah ! Heng ah ! Ong ah !

Posted by DannyArcher > 2020-06-04 09:17 | Report Abuse

With HP loan deferred, and housing loands too, and soon many will default after the 6 months memorandum. The evaluation of banks are too crazy already. Wait till 30 June for short selling to be activated, then see how big shark eat ikan billis. Dont fall for it.

https://www.nst.com.my/business/2020/05/590048/four-banks-will-be-negative-due-highest-hp-loans-exposure

Posted by DannyArcher > 2020-06-04 09:22 | Report Abuse

Banks seek concessions to help ease hire purchase pain

"BANKS, expected to take a hit from not being able to impose additional charges for hire purchase (HP) instalments that are deferred over the six-month moratorium period, are in talks with Bank Negara Malaysia and the Ministry of Finance (MoF) on some options to help mitigate the impact, sources say."

https://www.theedgemarkets.com/article/banks-seek-concessions-help-ease-hire-purchase-pain

Big Sharks unloading overpriced stock to Ikan Billis, Becareful. Dont do stupid. Dont use margin to play. 30 June is when short selling comes back. Becareful and never ever ever use margin. Dont get trapped.