Posted by tollebunsmith > 2021-09-23 15:37 | Report Abuse

STkoay sifu: tomolo I will analyse MBB & PBB with friday closing price, if u checkback, we were sopose to analyse & compare both the banks price performance after ex dates.. so i will post it here after Friday closing... for learning purposes.

Posted by tollebunsmith > 2021-09-23 15:39 | Report Abuse

I use RM100k on both stocks at that point in time, and see how it has performed after ex dates.

Posted by stkoay > 2021-09-23 15:42 | Report Abuse

tolle sifu : very nice of you...thanks for the effort and sharing...

Posted by stkoay > 2021-09-23 15:50 | Report Abuse

So interesting to visit gloves forum....some hard core can still shout ....huat ah.....haha...laugh die me :p

Posted by linges > 2021-09-23 16:09 | Report Abuse

glove forum is kopitiam ready..ha ha

Posted by linges > 2021-09-23 16:10 | Report Abuse

Buy buy buy
Sell sell sell

Posted by stkoay > 2021-09-23 16:27 | Report Abuse

Today...both buyers and sellers show off only...no action ...haha :p

Posted by tollebunsmith > 2021-09-23 16:38 | Report Abuse

:)

Posted by stkoay > 2021-09-23 16:51 | Report Abuse

8.15 nice :)

Posted by junkit > 2021-09-23 16:56 | Report Abuse

马股中的高股息股 - MAYBANK：
https://youtu.be/Ff64GfK6E1w

Posted by stkoay > 2021-09-23 17:26 | Report Abuse

https://www.theedgemarkets.com/article/maybank-uob-jointly-underwrite-rm2-billion-islamic-facility-malayan-cement

Posted by OnTime > 2021-09-23 17:30 | Report Abuse

sui

Posted by calvintaneng > 2021-09-23 20:36 | Report Abuse

S&P says downside risks are on the rise for Malaysian banks

https://klse.i3investor.com/blogs/savemalaysia/2021-09-23-story-h1571702686-S_P_says_downside_risks_are_on_the_rise_for_Malaysian_banks.jsp

Posted by stkoay > 2021-09-23 21:13 | Report Abuse

https://www.theedgemarkets.com/article/fitch-affirms-maybanks-longterm-idr-bbb-outlook-stable

KUALA LUMPUR (Sept 23): Fitch Ratings has affirmed Malayan Banking Bhd’s (Maybank) long-term issuer default ratings (IDR) at BBB+ and its viability ratings at bbb+, with a stable outlook.

“The affirmation of Maybank's ratings reflects the strength of its stand-alone credit profile, which drives its IDR. The Viability Rating is underpinned by Maybank's market-leading franchise in Malaysia, consistent business execution and stable financial performance.

The agency said it also revised the outlook on asset quality and on earnings and profitability to stable from negative, as it sees tail risks of more severe scenarios have abated, and there is adequate headroom within the current scores to withstand the deterioration it expects from lingering economic challenges.

It added that Maybank's government-linked shareholders have also demonstrated their willingness over the years to reinvest dividends and support the bank's capitalisation, should it become necessary.

Posted by calvintaneng > 2021-09-23 21:18 | Report Abuse

S&P says downside risks are on the rise for Malaysian banks

KUALA LUMPUR (Sept 23): Noting that the downside systemic risks for Malaysian banks are on the rise, S&P Global Ratings today affirmed its A- long-term and A-2 short-term issuer credit ratings on CIMB Bank Bhd, Malayan Banking Bhd and Public Bank Bhd.

The rating agency also affirmed its BBB+ long-term and A-2 short-term issuer credit rating on AmBank (M) Bhd and RHB Bank Bhd.

“The outlook on all the five Malaysian banks is negative,” S&P said in a statement.

“In our view, downside systemic risks for Malaysian banks are on the rise. We consider that the economic risk trend for Malaysia has turned negative,” it said.

S&P said Malaysian banks are also facing rising risk in the competitive environment due to negative government intervention.

“We now see a one-in-three possibility that Malaysian banks could underperform our base-case asset quality expectations in the next 12-24 months.

“The protracted lockdown, rampant pandemic waves, repeated moratoriums on loan repayment, and ongoing political uncertainties in Malaysia have increased the downside risk to the recovery of the country's banking system.

“These factors have also reduced the headroom in our ratings on Malaysian banks,” it added.

Meanwhile, the rating agency also forecast the Malaysian banking industry's nonperforming loan (NPL) ratio to reach 3% to 4% and credit costs to stay at 55-60 basis points (bps) annually over 2021 and 2022, before recovering gradually.

It expects the country's gross domestic product (GDP) to grow by 6% in 2022, and the unemployment rate to improve to 4.4%.

According to S&P, Malaysian banks are facing Covid-19 related credit challenges from a position of strength compared with most of their ASEAN peers.

The Malaysian banking sector's NPL ratio and credit costs were at historical lows of 1.5% and 8bps, respectively, prior to 2020, and banks in general have a good earnings buffer to absorb an unexpected rise in credit costs, it noted.

“We also see an increased risk of negative government intervention in the Malaysian banking industry.

“The risk is reflected in the repeated government intervention in relief measures given out by domestic banks such as the recent announcement to waive off fourth-quarter interest for B50 (bottom 50% of individual borrowers by income) customers,” said the rating agency.

Such interventions, it said, could recur given the ongoing political instability, and impede the banking sector's ability to operate commercially.

“Other examples of past government interventions include the two rounds of extensive, six-month automatically approved moratorium programmes for all retail and small and midsize enterprise customers (combined 75% of commercial banking system loans).

“These have hurt banks' profitability even as they battled asset quality stress during the current credit downturn. Those interventions could also encourage some borrowers to be less disciplined in their repayment behaviour,” it added.

Noting that the Malaysian banking industry's profitability was much weaker in 2020, S&P said this is likely to remain under heavy pressure during 2021 due to the interest waiver schemes and still elevated credit costs.

Meanwhile, the agency anticipates that the industry will maintain a healthy level of local currency deposits over the next 12-24 months, underpinned by dominant retail presence and strong consumer confidence, and Malaysia's high savings rate of about 30% of GDP.



https://www.theedgemarkets.com/article/sp-says-downside-risks-are-rise-malaysian-banks

Posted by calvintaneng > 2021-09-23 21:18 | Report Abuse

Read again

“The outlook on all the five Malaysian banks is negative,” S&P said in a statement.

“In our view, downside systemic risks for Malaysian banks are on the rise. We consider that the economic risk trend for Malaysia has turned negative,” it said.

S&P said Malaysian banks are also facing rising risk in the competitive environment due to negative government intervention.

Posted by learningdaily > 2021-09-24 10:02 | Report Abuse

8.07 now, good time to collect some?

Posted by Cslee1215 > 2021-09-24 10:35 | Report Abuse

Tunggu apa lagi, time to collect lor

Posted by supersinginvestor > 2021-09-24 11:07 | Report Abuse

Calvintaneng@conman@jualikanbusuk salesman
The price aldy factored in the banks la. Thats why banks so cheap...
Only way for banks is upwards...

Posted by stkoay > 2021-09-24 11:44 | Report Abuse

It is good that S&P is fxxking the government, telling them mai luan luan lai.....if not, populist politicians will continue to make banks as Santa Claus.
As a long term investor, short term price fluctuations is not a concern, whether it's 7,8 or 9, long term investors don't sell, they buy for keep to collect dividend.

Now that S&P is telling fxxking politicians that banks do not belong to their fathers....our future dividend will likely be less affected.

Posted by JJFinn > 2021-09-24 11:50 | Report Abuse

Agreed... as the politician will definitely think twice before any further action because it will affect foreign investors in the country....

Posted by OnTime > 2021-09-24 12:37 | Report Abuse

Zafrul is dumb.

Posted by Cslee1215 > 2021-09-24 13:19 | Report Abuse

Have to thanks politician this time. If not u dont get to buy mbb

Posted by tollebunsmith > 2021-09-24 16:09 | Report Abuse

stkoay: this is the only country where the majority fears the minority and loses to them too... even after 60 years. Funny how stupit the majority are that they cant even start their freight company? That how useless they are, cos their own people wont use their lousy services... a gov where they are in power also screw themselves up. lousy to the max. Their people can never do anything right,

But this is ur oppurtunity to add more at a lower price. So having unsed cash was useful afterall.
My next buy budget is only in January ( major) or partial with MBB cash div reinvested back into MBB.

Posted by tollebunsmith > 2021-09-24 16:15 | Report Abuse

a short true story: I was at the clinic a few months back to collect my meds. While waiting , a lady walkedin and asked who was the doctor on duty (after hours). WHen the nurse/clerk told her the name ( who was same race with her), she just walked off.

I wont bet with u, cos u will guess their origin right.

Not that there arent any, but few.

One of the great guys was a friend who slugger beer... maybe beer makes u smart perhaps?

Deswai talibon dont drink but screw their own 10yr olds...

Posted by jeffchan1901 > 2021-09-24 16:30 | Report Abuse

@tollebunsmith mid sharing how may lots of MBB you have? did you invest in others as well?

Posted by stkoay > 2021-09-24 17:12 | Report Abuse

Sifu tolle....haha :p

Posted by tollebunsmith > 2021-09-24 17:27 | Report Abuse

jeffchan1901 : i dont own as many as stkoay's MBB just a small fraction of what sifu stkoay holds)
I own MBB & PBB as anchor shares... 80% are invested in them. The other 20% is play money, invested in sure shot shares like FPI ( for short term only, u can read my prediction before price break) nd i usualy sell afetr 10-20% as i cant tahan losses.
Partially in other instruments like ASM, as i fear, fixed deposit, non-tradable non bursa dividend shares (4.5-8%), and a very smal percentage in US of late ( not significant).


I believe in diversity as I had lost 80% of my saving when i was made some bad decisions in my middle age. I have now gained all I lost and more.

I do not speculate or aim for big gains. ( example MBB 8.25 already achieved my target price for this yr.

I would sincerely advice you NOT to follow my style nor stkoay style as u know ur own limitation and commitments.

If u are young or middle aged or retired, different style is required. No one size fits all.

Anyway stkoay is my sifu , and if i can own as many shares as he does, i would have my dream shareholdings.

Posted by tollebunsmith > 2021-09-24 17:30 | Report Abuse

I am accumulating reits too and i do intend to park 10-20%

Posted by tollebunsmith > 2021-09-24 17:39 | Report Abuse

Just sharing.. I do not intend to overtake anyone here.. I am just a small investor... remember there is always a Warren Buffet in front of everyone...

And obviously i do dollar cost averaging, modified to buy more when i feel is cheaper and buy less when higher and not buy at all if i feel it is too expensive ( proof being .. MBB price highs and lows for 52 weeks". This proves that we cant buy at the lowest nor sell at the highest (with reference to relation to dividend yield).

With ny averages and diversity , in case market tanks and recession hits, i can sleep wll and live normal.

Just remember , if market can shoot up, real probability of it going the the other extreme end. Not saying it will be the case, but buying insurance.

Unless ur are so rich , u dont care or Najeeb/songlap ready people. LOL

Posted by stkoay > 2021-09-24 17:41 | Report Abuse

Wow...sifu tolle has a wide exposure to different kind of investment...very diversified, very good.

....reading sifu tolle sharing, i think he must be a very seasoned/pioneer investor.....

....and not selfish to share...

....I enjoying reading what he has to share....appreciate.

Posted by jeffchan1901 > 2021-09-24 17:44 | Report Abuse

@tollebunsmith thanks for sharing Sifu:) .. I just bought another 60 lots MBB at closing. so my portfolio more even out... I have Tenaga, MBB, PBB and Bursa for equities. so this will be most ir less my portfolio moving forward. Used to buy GenM and Genting but sold all as they are speculative. btw, I ain't young semi retired at moment. I am a small player unlike Stkoay and yourself. I have ASM too which is around 25% of portfolio

Posted by jeffchan1901 > 2021-09-24 17:48 | Report Abuse

@stkoay, I agree, sifu tolley is kind to share. I think it's good to share and grow together in these time of uncertainty

Posted by Cslee1215 > 2021-09-24 19:33 | Report Abuse

Sifu tolle, always my role model. Btw what is songlap?

Posted by chiahs > 2021-09-24 20:16 | Report Abuse

monday start DRP online....

Posted by stkoay > 2021-09-24 20:35 | Report Abuse

@jeffchan1901 we cannot consider ourselves as big or small player....I like and agree with what tolle said...there's always a Warrent Buffet in front of everyone.
In the forum, all are equal, and we are here to share and learn from each other.

Cheers and happy weekend to everyone.

Posted by staypositive > 2021-09-24 21:07 | Report Abuse

Sifu Tolle and StKoay are my idols =D Always shared great info and updates! I believe everyone needs to own a portion of bank shares to mitigate risk, at least you can sleep well everyday.

Posted by jeffchan1901 > 2021-09-24 22:48 | Report Abuse

@stkoay thanks for sharing your thoughts as well. cheers

Posted by linges > 2021-09-25 02:20 | Report Abuse

@jeffchan1901..nice portfolio, equities ASM :) happy weekend all

Posted by linges > 2021-09-25 02:20 | Report Abuse

@jeffchan1901..nice portfolio, equities ASM :) happy weekend all

Posted by Alan Teh > 2021-09-25 09:57 | Report Abuse

Thank you all for sharing. I have learn new things from here.

Posted by stkoay > 2021-09-25 13:14 | Report Abuse

Peer Comparison as at 15-9-21...of P/E, P/B and Yield

https://www.thestar.com.my/business/business-news/2021/09/25/going-for-growth

Posted by nhbeen > 2021-09-27 08:48 | Report Abuse

Those who have account with Rakuten Trade can start subscribing to Maybank DRP share entitlement.

Posted by tollebunsmith > 2021-09-27 08:48 | Report Abuse

Based on these two comments:

Sep 23, 2021 3:39 PM | Report Abuse
I use RM100k on both stocks at that point in time, and see how it has performed after ex dates.

Sep 23, 2021 3:37 PM | Report Abuse
STkoay sifu: tomolo I will analyse MBB & PBB with Friday closing price, if u checkback, we were sopose to analyse & compare both the banks price performance after ex dates.. so i will post it here after Friday closing... for learning purposes.

On Friday's close of MBB 8.10 and PBB 4.04 & assumed buy on Sep 23 2021 @ MBB 8.17/PBB 3.94

ex&div RM100k market val
8.38 102,570
4.12 106,218

PBB is leading by RM3,648 or 3.65%

Do note that entry price is very significant and hence may not follow this result at other entry prices.

Different buy price, different outcome.

This is only a test case study.
Your views may differ.
Pls correct me if i made any error ( overheads not inculded )

Posted by tollebunsmith > 2021-09-27 08:49 | Report Abuse

i tried to look for the original vonversation.. but i cant find it.

Posted by bgbk3010 > 2021-09-27 12:06 | Report Abuse

Maybank DRP at rm7.80 worth it?

Posted by stkoay > 2021-09-27 12:11 | Report Abuse

Sifu tolle : correct, the entry price made the difference.
If you use their 4 week low as the entry price, MBB is doing better.

( 4 week low : PBB 3.99.....MBB 8.05 )

Posted by jeffchan1901 > 2021-09-27 14:32 | Report Abuse

@bgbk3010 https://dividendmagic.com.my/dividend-reinvestment-plan-drip-work-malaysia/

'... Maybank Dividend Reinvestment Plan

Maybank is one of the few companies in Malaysia and in my portfolio that consistently offers dividend reinvestment plans every year.

I’ve been opting to go for their DRP and receiving discounted stocks instead of receiving dividends in cash. Of course, you should do this only when the math makes sense.

It is simple math. You compare the issuing price to the share price today and deduct the cost of applying for the DRP – RM10 setem hasil and a RM3 handling fee for an online application.

DRPs don’t make sense when the share price has of the company has been dropping for the few months preceding the DRP. I’ll be using Maybank as an example and continue to update this article as I opt for dividend reinvestments.
..."

Posted by jeffchan1901 > 2021-09-27 14:38 | Report Abuse

The form for DRP is out at Maybank website. if we do accept DRP via web, any idea how soon we can do so and is it via Tricor?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3195418

Posted by stkoay > 2021-09-27 14:42 | Report Abuse

Oh yes...total charges is RM13.....previously I posted RM7 is incorrect.