Posted by tollebunsmith > 2021-06-15 14:59 | Report Abuse

the selling never stops.. the sell q seems endless

Posted by tollebunsmith > 2021-06-15 15:00 | Report Abuse

worst is PBB and MBB sen part is always the same.. like now both x.21 sen

Posted by tollebunsmith > 2021-06-15 15:01 | Report Abuse

then both moves up to x.24 sen.. then both drowns to x.20 then up again then down again both same numbers in sen

Posted by tollebunsmith > 2021-06-15 15:07 | Report Abuse

now both down to same x.20

Posted by 1invest1 > 2021-06-15 15:46 | Report Abuse

HSBC to close 13 branches by year-end, remains committed to M'sia

https://www.thestar.com.my/business/business-news/2021/06/15/hsbc-rema...

First, Citibank want to close certain consumer services.
Second, now HSBC wants to close 13 branches by 31 Dec
What's going on ?

Banking sector to face challenges as moratorium is putting stress & pressure on profit margins leading to lower profits. Consequently, lower profits means lower dividends and share prices of banks going forward.

Citibank & HSBC are big global giants in the banking & financial services industries.
They must know something before they arrive at these similar decisions.

Other dynamic companies & industries among the 1,000+ Public-listed companies in Bursa to choose fr to invest in that offer a greater growth path & profit.

Posted by Tedinvestor > 2021-06-15 17:45 | Report Abuse

China contributed 70% of HSBC earnings. They are concentrating on china market now. China is opening up it financial market for foreign competitors. Unlike Malaysia where too many red tapes for foreign investments

Posted by bobvic96 > 2021-06-15 18:17 | Report Abuse

"HSBC is now focusing in investing to transform for the future of banking via digital enablement and as part of this transformation, 13 of our bank branches will be closed on Dec 31, 2021," it said.

A much lower cost option than keeping branches open which mostly serves us better. However, there are times you do need to talk to a human face to face and not some automated query response that is little use.

Posted by tollebunsmith > 2021-06-16 10:05 | Report Abuse

anyway my charts says that anything under 8.26 is sentiment of fund managers are not positive for this stock.. only will buy after it breaches 8.26 with hig volume ( above 20 mil)

Posted by tollebunsmith > 2021-06-16 10:05 | Report Abuse

else it means the funds are moving out of MBB and beware if u buy now

Posted by tollebunsmith > 2021-06-16 10:06 | Report Abuse

disclaimer: i have vested intrest and the above are my opinion , not a buy or sell call

Posted by tollebunsmith > 2021-06-16 10:07 | Report Abuse

At these value (8.19) means it will go back to 8.00 level before we get the drips.. thats what i predict

Posted by tollebunsmith > 2021-06-16 10:36 | Report Abuse

dont worry.. there will be endless supply of shars at 8.20 throught the day.. as soon as they buy a few lots they will replace the sold shares with new shares and add it too... thats the disposal state

Posted by bobvic96 > 2021-06-16 10:47 | Report Abuse

tollebunsmith At these value (8.19) means it will go back to 8.00 level before we get the drips.. thats what i predict

Is this according to a chart or your gut feel?

Posted by tollebunsmith > 2021-06-16 11:12 | Report Abuse

i wait at RM8.00 within 45 days..

Posted by tollebunsmith > 2021-06-16 11:13 | Report Abuse

will swoop down and later go up and down so buyers and seller MUST hold...

Posted by tollebunsmith > 2021-06-16 11:13 | Report Abuse

See if it happens first before i will comment... if fail .. well it is free info.. who cares

Posted by skybursa > 2021-06-16 11:46 | Report Abuse

Young investors just buy & hold for long-term. Maybank offer potential wealth gains for your retirement. Uncle total holding already reach 164,400 units. Just keep applying for future dividend reinvestment plan. Stock market returns are much better than property investment.

Posted by 1invest1 > 2021-06-16 14:33 | Report Abuse

There is still a possibility of 1 last moratorium or OPR cut due to the severity of financial hardships faced by many individuals, families and companies. If this happens, profit margin compression occurs followed by declining dividends and bank share prices for a while. Perhaps, this is one of the possible reasons & factors for foreign banks to scale down its operations here.

Posted by DickyMe > 2021-06-16 14:43 | Report Abuse

Citibank left, HSBC is going soon.

Which bank next?

Posted by stkoay > 2021-06-16 15:25 | Report Abuse

https://www.theedgemarkets.com/article/malaysias-economic-health-gradually-recover-national-recovery-plan

When all is well, CGS-CIMB Securities Sdn Bhd expects investors to shift their portfolios in favour of recovery stocks (its key big-cap recovery picks are Maybank, Genting and Malaysia Airports) in the period leading to phase three of the recovery and Budget 2022.

Posted by tollebunsmith > 2021-06-16 16:28 | Report Abuse

can see MBB 8.17.. yes!!! break it .. nice

Posted by tollebunsmith > 2021-06-16 16:30 | Report Abuse

hopefully can see it close 8.14-8.15

Posted by tollebunsmith > 2021-06-16 16:31 | Report Abuse

tomolo lower// slowly so people wont feel upset...

Posted by tollebunsmith > 2021-06-16 16:46 | Report Abuse

closing at 8.16 probably

Posted by tollebunsmith > 2021-06-16 16:52 | Report Abuse

not to worry will slowly go back to 8.00 and this price right now is to entice u people to get the drip.. so MBB dont have to fork out real cash... cos sent u all digital share const MBB next to nothing and it wont affect theircash flow.. smart buggers!

Posted by stocksyndicate > 2021-06-16 18:18 | Report Abuse

RUBBISH about another rate cut. Hahaha If maybank not good enough you then buy serbadk. RUBBISH FOR RUBBISH Hahaha

Posted by Cslee1215 > 2021-06-16 18:32 | Report Abuse

Still good money mah tollebun....drp only 7.55, even if drop to 7.8. Read the recovery plan, kita hanya perlu tahan until this October saja ma...

Posted by peter555 > 2021-06-16 20:12 | Report Abuse

hmm .. same thing happened to Tenaga. dropped late afternoon session yesterday and recovered back up today. hope its the same thing for Maybank tomorrow

Posted by Yogibear126 > 2021-06-16 22:11 | Report Abuse

Below 7.80 lah june till sept .. GG months

Posted by bobvic96 > 2021-06-16 22:25 | Report Abuse

Yogibear126 Below 7.80 lah june till sept .. GG months

Great time to stock up

Posted by tollebunsmith > 2021-06-17 07:38 | Report Abuse

ECONOMY
The Fed moves up its timeline for rate hikes as inflation rises
PUBLISHED WED, JUN 16 20212:00 PM EDTUPDATED 4 HOURS AGO

Posted by tollebunsmith > 2021-06-17 07:40 | Report Abuse

what does it mean? anyone got opinion on the effect to Malaysia and specifically to MBB & banks in general ) intrest rates hike)?

Posted by choysun > 2021-06-17 08:19 | Report Abuse

We are not govern by US Fed. But maybe affected by sentiments. Normally financial institutions share price will go up but rest go down. Short term, so catch the opportunity :p

Posted by bobvic96 > 2021-06-17 08:39 | Report Abuse

When the USA inflation rises, they raise the interest rate. The price of shares in the USA then drop (maybe because people borrow to buy shares?) which tends to have a knock on effect around the world.

Posted by tollebunsmith > 2021-06-17 09:01 | Report Abuse

see both MBB & PBB at x.23

Posted by tollebunsmith > 2021-06-17 09:03 | Report Abuse

Thanks for the enlightments guys... i learn a lot from choy & bob. Thanks

Posted by Yogibear126 > 2021-06-17 10:03 | Report Abuse

Waiting for best offer in town.

Posted by TomYam > 2021-06-17 12:09 | Report Abuse

When Fed raise interest rates, stock markets tend to fall bcuz:
1) companies need to pay more interest for loan whcih eat into profit.
2) higher discount rate will be used to calculate stock valuation.
3) people who borrow to buy stocks need to pay more interest

Posted by tollebunsmith > 2021-06-17 12:15 | Report Abuse

Bob choy tom: the aha moment.. so u three are saying this is actually good for banks ( ie more int means more profit).. right?// just want to confirm.

Posted by tollebunsmith > 2021-06-17 12:17 | Report Abuse

so that translates to TP by most IB about PBB & MBB are gong to be right...if RM5 & RM9 .. sure many here fatt tatt

Posted by tollebunsmith > 2021-06-17 12:20 | Report Abuse

Just my prediction .. today cocid will be below 5k.. just a gut feeling.. ( if u remove the factory cluster with 300 postive cases (not official source) .. probably fake news )

Posted by Gerrardo > 2021-06-17 12:41 | Report Abuse

MBB and PBB

Still good bank stocks

Posted by tollebunsmith > 2021-06-17 14:30 | Report Abuse

sorry , my covid prediction wrong... my apologies

5,738
Ithought it was going to be below 5k

Posted by tollebunsmith > 2021-06-17 14:38 | Report Abuse

an MBB going below 8.16.. it will go back to RM8 before u receive the drip shares

Posted by tollebunsmith > 2021-06-17 14:39 | Report Abuse

THis is due in part to the recent political xxxxxx a little time back.. funds seems to exit

Posted by tollebunsmith > 2021-06-17 14:41 | Report Abuse

expecting at least 8.14 closing

Posted by Yogibear126 > 2021-06-17 16:09 | Report Abuse

Look at london lock down 1 month again.
More drama coming soon.
Run run run

Posted by Cslee1215 > 2021-06-17 16:33 | Report Abuse

Run run run to mars? Buy buy buy, recovery plan already a good sign for finance sector

Posted by EEEEEEEEH > 2021-06-17 17:09 | Report Abuse

NO need to look at LONDON. Look inside your own pocket. If you are penniless then run away. Hahaha Hahaha

Posted by tollebunsmith > 2021-06-17 21:07 | Report Abuse

************************************************************************************
TOLLE PREDICTS MBB SHOULD FALL BY 20 SEN AFTER 29 Jun 2021
ie share should hover at 7.90 to 8.00 ... bash me if I am wrong
dont trust me.. jus my opinion
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