Posted by newbie2019 > 2021-05-12 19:54 | Report Abuse

i would like to know tho this is my 2nd or 3rd time getting DRP…. holding 3,500 shares

Posted by newbie2019 > 2021-05-12 19:54 | Report Abuse

lol… long time no see Maybank chat room oledi

Posted by FlyingElephant > 2021-05-12 19:55 | Report Abuse

With Public bank doing well in Q1, the rest should follow suit...Buy all the banks in Malaysia namely maybank, CIMB and Hong Leong

Posted by getingreal > 2021-05-12 20:07 | Report Abuse

Sharez , you are correct.

Posted by steadylahbro > 2021-05-12 20:25 | Report Abuse

@sharez I believe it is so:

1. You get 4000*(0.385 - 0.210) = RM700
+
2. 111 units of shares

Besides part 1, your calculations shld be correct from my POV

Posted by stkoay > 2021-05-12 21:35 | Report Abuse

@sharez.....you get RM700 plus 111 shares

or

RM1540 all in cash

Posted by stkoay > 2021-05-12 21:38 | Report Abuse

1265 shares for drp portion is no small potatoes ya :)

Posted by mf > 2021-05-13 05:14 | Report Abuse

Dow Jones 33,587.66 -681.50 1.99%
Nasdaq 13,031.68 -357.745 2.67%

Posted by stkoay > 2021-05-13 12:52 | Report Abuse

https://klse.i3investor.com/blogs/rakuten/2021-04-12-story-h1563424697-Malayan_Banking_Bhd_Innovating_its_roadmap_for_growth.jsp

MAYBANK is our Top Pick for the banking sector for its most favourable risk-to reward with the highest dividend yield in the industry plus solid ROE prospects. MAYBANK hosted a briefing to share its 5-year plan and strategies to achieve planned targets by 2025. Fundamentally, these targets include: (i) sustainable ROEs of 13-15%; (ii) CIR (cost to income ratio) of less than 45%; and (iii) EPS of above 100.0 sen (accounting for future dividend reinvestments).

Buy with a TP of RM10.60 or a PBV of 1.37x derived from a higher applied ROE of 11% (which is below management’s 5-year target of 13-15%.

Posted by stkoay > 2021-05-13 12:55 | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/2021-05-06-story-h1564318364-Maybank_has_made_provisions_for_variables_like_MCO_3_0.jsp

KUALA LUMPUR (May 6): While the imposition of the latest movement control order (MCO 3.0) will impact both the loan growth as well as asset quality of the bank, Malayan Banking Bhd (Maybank) says it has already “factored in” the impact as the banking group is anticipating an uneven recovery during the pandemic.

Farid highlighted that Maybank has made a whopping non-performing loan provision of RM4.6 billion in 2020 which has also taken into account the likelihood of impairment this year.

Posted by stkoay > 2021-05-13 13:02 | Report Abuse

https://klse.i3investor.com/servlets/ptres/59261.jsp

MAYBANK is our Top Pick for the banking sector for its most favourable risk-to- reward with the highest dividend yield in the industry paired by solid ROE prospects. Its market leading position in loans and deposits should prove beneficial in an economic recovery phase while its CASA-to-deposit ratio of c.40% would ease access to funds.

Maintain OP with a higher TP of RM10.60 (from RM8.65) as we input higher ROE to our GGM- derived PBV.

Posted by supersinginvestor > 2021-05-13 14:26 | Report Abuse

Yes maybank is great...very good prospects..sure going up alot...buy for long term gains n good dividends

Posted by Bgt 9963 > 2021-05-14 08:46 |

Post removed.Why?

Posted by stkoay > 2021-05-14 12:28 | Report Abuse

Financial index up 1.87% in US last night....top gainer.

Posted by AllYouCanBuy > 2021-05-14 12:32 | Report Abuse

Hi all, if I have 50000 shares, if I want to take up DRP, must I take all? 21sen *50000 for the 7.55 DRP.

Can I take partially?

Posted by getingreal > 2021-05-14 12:40 | Report Abuse

AllyouCanBuy, the Answer is you can take 1,390 shares or any number less than that. Its up to you. When you receive your letter to apply for DRP shares you will fill in how many shares you want up to the max shown. Very simple process.

Posted by AllYouCanBuy > 2021-05-14 13:05 | Report Abuse

Thanks @getingreal!!

Posted by stkoay > 2021-05-14 13:21 | Report Abuse

Wow....Trending Now - Hot Stocks Today

Maybank at 4th position.....investors interest is gaining momentum....very good :)

Posted by stkoay > 2021-05-14 13:47 | Report Abuse

Rakuten ....TP....10.60

Kenanga.....TP....10.60

AmInvest....TP....10.10

All IB covering the stock gave BUY rating, no hold, no sell.

Posted by fightingdragons > 2021-05-14 15:56 | Report Abuse

Finally announced ex-date. Welcome to bank rally next week! Gloves likely to fall.

Posted by Brucehwang > 2021-05-14 17:44 | Report Abuse

When is ex-date?

Posted by AllYouCanBuy > 2021-05-14 19:15 | Report Abuse

Ex-date is 28th May.

Posted by supersinginvestor > 2021-05-14 20:26 | Report Abuse

Hi.
Just say someone has 278000 maybank shares..how.many.shares i can get from. Dividend reinvesent?
N how to choose that
.

Posted by stkoay > 2021-05-14 22:03 | Report Abuse

Your entitlement is 7732 shares and cash 48653.40....or any amount less than 7732 and balance in cash.

Posted by stkoay > 2021-05-14 22:05 | Report Abuse

After added 1.87% last night, US financial adds another 1+ % tonight :)

Posted by 24HoursProducing > 2021-05-15 02:28 | Report Abuse

8.21-0.385=7.825? With more shares will be issued at 7.55, share will drop further to 7.55 to 7.80 range?

Posted by 24HoursProducing > 2021-05-15 02:30 | Report Abuse

Any idea which price to go in after ex-date?

Posted by 24HoursProducing > 2021-05-15 02:35 | Report Abuse

Dividend can't lure me as I don't greed for it due to share price reflected lower with the portion of dividend on ex. But I'm interested to go in on ex at the nice reflected price.

Posted by stkoay > 2021-05-15 12:45 | Report Abuse

US Financial index added a total of 3.41% on Thursday and Friday.

Global Banking stocks are rallying...Malaysia has yet to follow.

Posted by AllYouCanBuy > 2021-05-15 13:27 | Report Abuse

Malaysia? Our banking stocks have been hibernating since January.

Posted by tollebunsmith > 2021-05-15 19:02 | Report Abuse

Before next Friday... MBB will announce it Qtr result... hopefully no dividend will be declared to keep the price low,

Posted by tollebunsmith > 2021-05-15 19:43 | Report Abuse

Revenue around 11 bil eps about 13-15 sen per share... keep ur hopes up and share price low (predicted for that qtr)

Posted by stkoay > 2021-05-15 20:48 | Report Abuse

EPS will probably about 16-18 sen.

Posted by Mabel > 2021-05-16 00:43 | Report Abuse

Mabel_ Meow Meow
15/05/2021 11:54 PM

Wah nice to see another Amoi with newid..only 4 following all Mabel counter..

So pussy...

Meow

Posted by unicornbird > 2021-05-16 12:07 | Report Abuse

meow

Posted by gohkimhock > 2021-05-16 12:57 | Report Abuse

pls stop spamming with the meows here.

Our banking sector is still very strong..

Posted by stkoay > 2021-05-16 13:53 | Report Abuse

Announcement of 1Q21 report, which is expected to be good QoQ, ahead of dividend ex date......very good timing :)

Posted by kfliau > 2021-05-16 17:38 | Report Abuse

Beware of npl spike due to mco 3.0

Posted by Value Investor Coo1eo > 2021-05-16 17:57 | Report Abuse

Markets crash tomorrow.....Malaysia is in the target list

Posted by stkoay > 2021-05-16 19:03 | Report Abuse

https://www.theedgemarkets.com/article/maybank-has-made-provision-variables-mco-30%C2%A0

Farid highlighted that Maybank has made a whopping non-performing loan provision of RM4.6 billion in 2020 which has also taken into account the likelihood of impairment this year.

“Most of it is done on the basis of macroeconomic variables to prepare Maybank for the eventual possibilities that there will be impairment come 2021.

“That is why the level of provisions was heightened in 2020, compared with 2019,” he told reporters in a virtual briefing following its 61st annual general meeting (AGM) held earlier

“To some extent, if you've seen some of the banks in the US, especially, they have reversed some of the provisions in the fourth quarter, but we did not make such a reversal,” said Farid, explaining that the macroeconomic variables have to be sustainable before the bank shall make any reversal.

Thus, he mentioned that the most recent imposition of MCO 3.0 is consistent with what the bank has anticipated from last year.

Posted by stkoay > 2021-05-16 19:08 | Report Abuse

Maybank has made a whopping non-performing loan provision of RM4.6 billion in 2020.....which will be reversed back if NPL turned out to be lower.

Posted by Reggie > 2021-05-17 08:09 | Report Abuse

How do we subscribe for maybank dividend re investment plans? Mind share some past information. I think 7.55 is .very attractive.

Posted by tollebunsmith > 2021-05-17 08:56 | Report Abuse

Yes!!! now the price can go up or down.. i am happy whichjever direction it goes!!! thank u for keeping the price low till DRIP price determined!! Thanks a lot fund managers!!

Posted by tollebunsmith > 2021-05-17 08:57 | Report Abuse

wow !! going to open at 8.28

Posted by tollebunsmith > 2021-05-17 08:59 | Report Abuse

that's 1% up!

Posted by tollebunsmith > 2021-05-17 09:04 | Report Abuse

But just remember "No Balls ZAM" will forever loose to Tay

Posted by tollebunsmith > 2021-05-17 09:04 | Report Abuse

IT is written in his genes

Posted by tollebunsmith > 2021-05-17 09:08 | Report Abuse

hahahaha PBB tay up .4% but MBB Zam only up 1%.... see i told u so!

Posted by Tedinvestor > 2021-05-17 09:10 | Report Abuse

Yes drp indeed very attractive. I think MAYBANK will send out DRP form to shareholders.

Posted by Bgt 9963 > 2021-05-17 09:10 |

Post removed.Why?