Posted by Jeffreyteck > 2020-08-28 18:11 | Report Abuse

TP remains 6.50 in anticipation of next Q poor results.

Posted by henry992 > 2020-08-28 18:40 | Report Abuse

Maybank shld be downgraded to Sell for not giving dividend.

Posted by AllYouCanBuy > 2020-08-28 21:13 | Report Abuse

No dividend is temporary. It ensures more liquidity to the banks. I see that as a wise move. Look afar. When the table turns you will be rewarded. If you can't visualise it, don't bother buying.

Posted by tkl88 > 2020-08-29 07:56 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 percent) !‬

Posted by tkl88 > 2020-08-29 10:05 | Report Abuse

Dow Jones closed at=> 28,653.87 (+161.60) (+0.57 %) !

Posted by Zuliana > 2020-08-29 11:13 | Report Abuse

Maybank
Wow
Wow, cannnttteeekkk!
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %)

Posted by Zuliana > 2020-08-29 12:02 | Report Abuse

Keep it up
Super good
Look at the chart...
Good

Posted by abcd123 > 2020-08-29 13:52 | Report Abuse

what is signal of not dividend declaration ? Thank you

Posted by gkyt88 > 2020-08-29 14:05 | Report Abuse

less profit

Posted by abcd123 > 2020-08-29 14:30 | Report Abuse

Thank you gkyt88 could it be cash flow issue ?

Posted by Zuliana > 2020-08-29 15:03 | Report Abuse

Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %)
Maybank super good

Posted by stkoay > 2020-08-29 18:58 | Report Abuse

Luckily all banks decided not to declare interim dividend, if not, might be asked to do more charity......


https://www.malaymail.com/news/malaysia/2020/08/29/why-extend-rmco-but-not-loan-moratorium-guan-eng-proposes-another-rm45b-in/1898378

Posted by Panorama1 > 2020-08-29 20:54 | Report Abuse

Although we do not receive dividend this quarter, it is prudent management for banks (Maybank & PBB) to conserve cash and capital buffer during this unprecedented pandemic period as future outlook still remains highly uncertain. It is important for banks to have adequate capital buffer. Even MAS Singapore restricted their banks dividend payout to mitigate against any unfavourable and unforesee economic developments in 2020 & 2021. Overpayment of dividend and not maintaining sufficient cash reserve will not protect PLCs during economic upheaval eg. Aviation sector. Also, overpayment of dividend not via increased earnings will not be sustainable going forward as the resultant capital loss due to share price reduction will outweigh the meagre dividends received by minority shareholders. Maybank also had the unfortunate Hyflux Singapore and Genting Hong Kong huge loan position too.

Posted by Loh Kok Wai W > 2020-08-29 21:48 | Report Abuse

blue chips change to potato chips !

Posted by Mabel > 2020-08-29 23:12 | Report Abuse

Potato chips still good...

Can't go wrong with the mother of all bank mah...

Hopefully we will be rewarded with special dividend end of this year...

Meow

Posted by DickyMe > 2020-08-29 23:16 | Report Abuse

Special dividend like minyak cap kapak for headache caused by falling price?

Posted by DickyMe > 2020-08-29 23:18 | Report Abuse

With extension of border closing and MCO, Pengkhianat Malaysia PM) already killed the economy.

Posted by DickyMe > 2020-08-29 23:19 | Report Abuse

RM 6 cumming soon!

Posted by DickyMe > 2020-08-29 23:20 | Report Abuse

Call warrants used to make money from fools.

Posted by icecool > 2020-08-29 23:53 | Report Abuse

hohoho

Posted by kfbusjd > 2020-08-30 08:51 | Report Abuse

this stock will never go below 7 because epf and kwap keep collecting it at rm7 level

Posted by freddiehero > 2020-08-30 09:16 | Report Abuse

how come can not drop below 7.. I wait many many years lo.. for this tiger le

Posted by freddiehero > 2020-08-30 09:26 | Report Abuse

will crisis klse coming next?

Posted by stockraider > 2020-08-30 11:12 | Report Abuse

Just buy lah..!

Posted by frankml > 2020-08-30 12:55 | Report Abuse

Volume 15.7M at 7.45 on Aug 28. Past 4 days volume has been increasing.

Posted by frankml > 2020-08-30 12:57 | Report Abuse

https://klse.i3investor.com/mqtrader/sf/analysis/fa/1155, maybank is undervalued. Good time to buy blue chips.

Posted by HamsterHuat > 2020-08-30 15:23 | Report Abuse

@stkoay...FAKE reporting...
HL give dividend lo.

Posted by HamsterHuat > 2020-08-31 00:58 | Report Abuse

i hate MayBank...no dividend

Posted by xxxx > 2020-08-31 03:30 | Report Abuse

Never in the last 10 yrs has Maybank not given a dividend in September.

Posted by xxxx > 2020-08-31 03:42 | Report Abuse

Don't buy Maybank until it goes below 7, 6.50 maybe. People buy Maybank because of its dividend payments. Without dividend wait below 7. Have patience, it will come to pass.

Posted by Snowthief > 2020-08-31 09:14 | Report Abuse

Last 10 yrs, Maybank never skipped dividend. --> Done.
Last 10 yrs, Maybank never dropped below 7. Possible? Ini kalilah!

Posted by HamsterHuat > 2020-08-31 10:05 | Report Abuse

wait until Maybank drop drop...i expect it to drop once Moratorium ended and Genting HK debts...

hahaha..that time...even rm5 possible
it will have knee jerk share drop...

Posted by zhen wei & JP > 2020-08-31 10:49 | Report Abuse

Merdeka ! Happy national day.

Posted by Up_again > 2020-08-31 10:50 | Report Abuse

Buy on the correction la guys. Nanti macam gloves, naysayers hari hari say drop, sudah correction drop tapi tak beli
Naik bising pula nak drop
Yes there is no dividend for now. But these provisions for souring loans can be credited as profit 6 months from now after the recovery process commenced.
Because the losses already recognized, even a recovery of 70 cents to a dollar is full profit.

Posted by JaBerry > 2020-09-01 10:27 | Report Abuse

True last over 10 years Maybank never skip dividen. This is 1st time and very sad

Posted by Endgame > 2020-09-01 11:12 | Report Abuse

Even give 1 sen also not afford? Look like the impact really unpredictable

Posted by masterus > 2020-09-01 11:16 | Report Abuse

Jack Ma's $30 billion Ant IPO could push tech fundraising to highest level since dot-com bubble's peak
Ben Winck
Aug. 31, 2020, 03:48 PM

Posted by masterus > 2020-09-01 11:17 | Report Abuse

Ant Group's upcoming IPO aims to raise a record $30 billion and could bring first-time tech fundraising to the highest level since 1999.
Should demand for the offering hold up, Ant's debut could bring global first-time stock sales to more than $57 billion, according to data collected by Bloomberg. The dot-com bubble's annual proceeds peaked at $62 billion.
The debut is the latest to enjoy surging investor demand for tech stocks. With concentration in giants like Apple and Microsoft reaching historic highs, traders have turned to the IPO market for cheaper entry into the tech sector.

Posted by Panorama1 > 2020-09-01 11:28 | Report Abuse

At this juncture, investment in banking shares will need to be based on medium to long term time horizon. Banks will still have high exposures to Zombies Companies upon the expiry of loan moratorium, struggling SMEs and “chunky” loans to Aviation, hospitality, leisure, entertainment, retail, construction, properties & O&G sectors, which will definitely require additional provisions in view of the protracted & on-going Covid pandemic.

Posted by Panorama1 > 2020-09-01 11:43 | Report Abuse

Another OPR cut likely in view of the lackluster economic environment and will also aid struggling businesses & propel a much quicker economic recovery.

Posted by Equityengineer > 2020-09-01 11:52 | Report Abuse

OPR cut will not impact much on their Net Interest somehow its will balance.Important is the loan repayment then increase performing loan.

Posted by Equityengineer > 2020-09-01 11:52 | Report Abuse

The price is still at high side, should retrace more.

Posted by Endgame > 2020-09-01 11:53 | Report Abuse

So... Mean bank stock... Runnnnnnn if u still hold it
And don't buy the falllllingggg knife!!

Posted by gungho92 > 2020-09-01 13:24 | Report Abuse

wait for it to hit below 7

Posted by Australianpharmacist > 2020-09-01 13:58 | Report Abuse

Im waiting at RM6.00 catch the panic sell wave

Posted by tradetoinvest > 2020-09-01 14:14 | Report Abuse

for those who really want to enter, 7.49-0.25=7.24. Now is the time to enter or average down before it go up soon.

Posted by Stockisnotfun > 2020-09-01 14:16 | Report Abuse

No thanks. Still have plenty room for dropping

Posted by Willy47 > 2020-09-01 14:22 | Report Abuse

I think to sell and cut loss or to buy more to average down depend on your investment horizon. Should be by next year dividends will go back to normal.

Posted by Endgame > 2020-09-01 14:53 | Report Abuse

Can see it keep moving down... Wait for price collapsed

Posted by Endgame > 2020-09-01 14:54 | Report Abuse

What happen to index if it drop to 6?