Posted by almaine > 2015-09-25 19:06 | Report Abuse

Thanks for the explanation!! i have 3000 mbb shares only. what is your advise? to take the div or reinvest?

Posted by hng33 > 2015-09-25 19:10 | Report Abuse

ec1705

Hahaha, still wait for clown loser cck8999cck8999 to sing his sin ka lan song, fear if cannot release his desperate, may get mentally illness, lol.

Posted by Patrick Ling > 2015-09-25 20:01 | Report Abuse

Reinvest-lah for long term sake and let the magic of compounding work for you. There is no cheaper way to grow your money than this. If given the choice, I would gladly give up my cash payment portion for it.

Posted by hng33 > 2015-09-25 20:28 | Report Abuse

almaine

Since you have 3000 share, based on dividend 24 sen, your cash payout is RM 720. But if opt for share reinvest at RM 7.50, the 20sen out of 24 sen is applicable to share reinvest and other 4 sen is still cash payment to avoid odd lot. Therefore, you will get cash RM 120 and 80 new Maybank share, resultant, your total holding in Maybank will be 3080 share and cash RM 120.

As the reinvest share is new issue share by Maybank, there is no transaction cost involve, therefore it's worth to entitle albeit just 80 new share but you carry it at merely RM 7.50 cost, it can at least average down a little on your holding cost if your exititng 3000 share bought at higher than these share reinvest discount RM7.50.

As for my preference, I will opt certain portion of my current stake for share reinvest at discount 7.50, and will take profit for remaining if share surge higher. This is solely due to my investment strategy to actively trade share instead of holding for longer term. Of course, again, this is free market, the decision is on your own dicretion.

Posted by coolwind123 > 2015-09-25 20:56 | Report Abuse

Thanks hng33 for your clear explanation.

May I know how do we apply for this plan? Fill the reinvestment plan form and submit to our remiscer? Or just deal directly with Maybank?

Posted by hng33 > 2015-09-25 21:25 | Report Abuse

Coolwind123

You just ask your investment bank to fill up form for you, it's the service you deserve from them.

Posted by Stockwatch > 2015-09-25 21:32 | Report Abuse

Think you need to pay RM10.00 stamp duty if you exercise the share reinvestment plan.

Posted by Patrick Ling > 2015-09-25 21:52 | Report Abuse

Tricor will send the DRF to you. Fill it up, go to P.O, buy a setem hasil, stick it on the form and send by pos laju using the envelope enclosed asap. Make sure you don't miss the deadline.

Posted by Lcube > 2015-09-26 00:02 | Report Abuse

Datasonic
You can try midvalley money changer website with a more closer to real market retail exchange rate with their update timing as well

Posted by tt101 > 2015-09-26 09:25 | Report Abuse

Share reinvestment price last round was RM8-70 compared to this round at RM7-50, see how important the average transacted price in this past few market days.

The impact of press down the price will lower down the share holding cost.

Before 12 Oct, the big boss will sweep back all the disposed portion and might holding more if the price is at attractive level.

Posted by smartly > 2015-09-26 20:46 | Report Abuse

monday huat liao

Posted by smartly > 2015-09-28 11:20 | Report Abuse

no steam !

Posted by Havefun > 2015-09-28 12:08 | Report Abuse

Hopefully the dividend support the price a bit

Posted by hng33 > 2015-09-28 12:39 | Report Abuse

Maybank's DRP of RM7.50 at 9.5% discount

KUALA LUMPUR: Maybank Investment Bank Research said Malayan Banking Bhd (Maybank) 11th dividend reinvestment plan (DRP) of RM7.50 is a 9.5% discount to the ex-dividend volume weighted average market price (VWAMP) of RM8.29.

The ex-date for the DRP has been determined to be Oct 8 and the entitlement date is Oct 12.

“The discount of 9.5% compares against the average discount of 5.3% over the past five DRPs and is the third largest since Maybank started its DRP programme,” Maybank Research said on Monday.

The research house said assuming a reinvestment rate of 85%, which was the average over the past five DRPs, it estimates a 2.1% FY15 earnings per share dilution from this interim DPS, taking the full year dilution to about 4%, in line with the historical average.

“With a reinvestment rate of 85%, the group’s fully loaded CET1 ratio would be about 10.96% after this DRP, and 9.93% at the bank level. Separately, Maybank’s foreign shareholding stood at 19.33% on Sept 18, down 3.2 percentage points year-to-date. This compares against a peak of 25.99% in May 2013 and a trough of 10.29% in April 2009,” it added.

Maybank is down 3 sen at RM8.38 in late Monday morning trade.

Posted by mudwyx > 2015-09-28 15:49 | Report Abuse

How to opt for DRP? How to apply? Thanks.

Posted by Patrick Ling > 2015-09-28 18:50 | Report Abuse

Tricor will send DRF to all maybank unitholders. Fill up the form, buy a setem hasi and stick it ib the form n send it asap before the stipulated deadline.

Posted by zamsaham > 2015-09-29 01:22 | Report Abuse

murah DRP

0.24c per share, option to purchase mother stock at 7.50

Posted by cck8999cck8999 > 2015-09-29 09:09 |

Post removed.Why?

Posted by hng33 > 2015-09-29 09:20 | Report Abuse

hahaha, clown cck8999cck8999 final dare to turn out, play clown trick again.

Posted by hng33 > 2015-09-29 09:21 | Report Abuse

Lets opt for dividend reinvest and entitle greatest discount Maybank at RM 7.50

Posted by hng33 > 2015-09-29 09:22 | Report Abuse

No surprise, latter these clown cck8999cck8999 will backfire once Maybank reverse trend, hahaha

Posted by ks55 > 2015-09-29 09:23 | Report Abuse

DRP is some what like rights issue with a small discount.
Again DRP give rise to odd lots, and exert pressure on the existing share price just like rights issue.

Also have to take note how do those big share holders react when they participate in DRP.
You may not want to sell, but others may think differently.

Posted by cck8999cck8999 > 2015-09-29 09:57 | Report Abuse

hng33 make so much noise in tis forum ,unfortunely he is loser not winner.MAYBANK trade 8.32 now.

Posted by john1 > 2015-09-29 09:58 | Report Abuse

First we meet in 8.00

Posted by hng33 > 2015-09-29 09:58 | Report Abuse

Bought more Maybank at 8.31

Posted by ckk2266 > 2015-09-29 09:58 | Report Abuse

Bought some @ 8.31

Posted by cck8999cck8999 > 2015-09-29 09:59 | Report Abuse

hng33 还自已为是專家，，(傻佬)。

Posted by hng33 > 2015-09-29 10:01 | Report Abuse

hahaha, cck8999cck8999, you are the loser and typical clown know only play trick in zoo, you will be backfire by your ignorance, lol

Posted by cck8999cck8999 > 2015-09-29 10:01 | Report Abuse

bought more at 8.31.

Posted by hng33 > 2015-09-29 10:05 | Report Abuse

EPF is accumulating, but ASB is disposing

Posted by cck8999cck8999 > 2015-09-29 10:11 |

Post removed.Why?

Posted by hng33 > 2015-09-29 10:12 | Report Abuse

hahaha, now clown cck8999cck8999 also follow, what a twisting liar

Posted by huat888 > 2015-09-29 10:27 | Report Abuse

hng33. Believe u r here with good faith to share yr trading. Wondering why some are making so much noise with ridiculous remarks???

Posted by fzank > 2015-09-29 10:32 | Report Abuse

hehehe .... bought meibank 8.32 lol

Posted by fzank > 2015-09-29 10:34 | Report Abuse

lol ... also beli pmbank 4.50 ....

Posted by fzank > 2015-09-29 10:36 | Report Abuse

hehehe chum-lee bought see-imb 4.53

Posted by hng33 > 2015-09-29 10:46 | Report Abuse

huat888

I sharing my trading here, buy and sell, hold, reap profit, cut loss, all posted here in forum as it is free market, everyone have right to buy, sell, comment, nothing to hide, nothing to twist, but market up and down and is affected by both external and internal market sentiment and is beyond our control. However, but if someone loser want to keep curses others due to own failure, then it only show these loser is desperate and victim of backfire

Posted by tt101 > 2015-09-29 10:50 | Report Abuse

Yummy yummy

Posted by fzank > 2015-09-29 10:51 | Report Abuse

bought meibank 8.31 ... buy also chrissie chau's poster HK30 ... lol ... online of course hehehe

Posted by huat888 > 2015-09-29 10:52 | Report Abuse

hng33

Agreed. Those days, really enjoy yr and few others postings and sharing in wealth-trade.blogspot.my. Sad to say, it is now history.

Posted by fzank > 2015-09-29 10:55 | Report Abuse

lol ... meibank share price ... fast & furious .. hehehe

Posted by hng33 > 2015-09-29 10:56 | Report Abuse

huat888

Yup, long term yet to update in wealth-trade.blogspot.my partly because already active in these forum.

Posted by hng33 > 2015-09-29 12:14 | Report Abuse

Using margin line, increase further stake in Maybank at 8.31-8.32

Posted by parker > 2015-09-29 12:27 | Report Abuse

good price to buy now?

Posted by hng33 > 2015-09-29 16:25 | Report Abuse

Hope can reverse trend now :D)

Posted by ec1705 > 2015-09-29 16:36 | Report Abuse

high frequency in action..

Posted by hng33 > 2015-09-29 16:36 | Report Abuse

Yessssssss

Posted by hng33 > 2015-09-29 16:43 | Report Abuse

hahahaha

Posted by ec1705 > 2015-09-29 16:48 | Report Abuse

hng33, my cost same as yours... hopefully remain above water by end of day

Posted by ec1705 > 2015-09-29 16:49 | Report Abuse

but will go for dividend reinvestment... also avoiding odd lots