Posted by JJFinn > 2023-10-04 15:44 | Report Abuse

Hi everyone, been a long absence from MBB forum... today nibble a bit @8.73..treat it as DRP..

Posted by prudentinvestor > 2023-10-04 16:15 | Report Abuse

Total dividend for FY2023 is likely to be at least 60sen a share. At RM8.70, Maybank's dividend yield is almost 6.9%. Really attractive as a dividend play.

Posted by smartly > 2023-10-04 16:19 | Report Abuse

bought 8.70 (DRP)

Posted by JJFinn > 2023-10-04 16:53 | Report Abuse

good catch

Posted by smartly > 2023-10-04 17:21 | Report Abuse

no good catch or bad catch one. the key point is 'just catch' 😋

Posted by linges > 2023-10-04 19:12 | Report Abuse

All who used dividend for DIY DRP, at whatever price are the WINNERS 😎

Posted by IGfusion > 2023-10-05 02:00 | Report Abuse

What is DIY DRP?

Posted by linges > 2023-10-05 04:27 | Report Abuse

@IGfusion
DIY DRP - use cash dividend received fr Maybank stock, to buy Maybank units from open market.

Sometimes Maybank gives DRP (Dividend Reinvestment Plan) option, to reinvest automatically all dividend into new Maybank units.

Whenever Maybank don’t provide DRP option, we opted to DIY DRP.

Most Maybank HODL reinvest all their dividends, to grow long term wealth and benefits from compounding units.

Posted by smartly > 2023-10-05 15:00 | Report Abuse

just whack. don't care. next dividend is around Mar2024 probably around 30sen

Posted by smartly > 2023-10-05 15:11 | Report Abuse

it is for long term and better than FD rate

Posted by 1invest1 > 2023-10-06 00:23 | Report Abuse

@stkoay,
mbb rose highest % this year among banks.

https://theedgemalaysia.com/node/685057

Posted by 1invest1 > 2023-10-06 00:27 | Report Abuse

With highest increase % in price among banks.
Some more, highest div among banks,
Walau Wei, double rewards.
Congrats to all maybankers who bought beginning of year.

Posted by i3lurker > 2023-10-06 03:22 | Report Abuse

When Indonesia economy booms, Maybank share price can more than double.

Indonesia: A Diverse and Growing Economy
Indonesia is the largest economy in Southeast Asia and the 16th largest in the world by nominal GDP.

Indonesia recently became the 10th-largest manufacturing nation in the world. Its large manufacturing sector accounts for almost a quarter of the nation's total GDP and employs over a fifth of Indonesia's working age population (around 25 million workers). Put into perspective, Indonesia's manufacturing sector is now larger than the manufacturing sectors of the United Kingdom, Russia and Mexico.

Maybank Indonesia has 356 branches including Syariah branches spread across Indonesia.

Posted by AqsadMohamad > 2023-10-06 10:32 | Report Abuse

rebound hari ni, bagus 😀

Posted by stkoay > 2023-10-06 12:58 | Report Abuse

@1invest1, Thanks.

....but I don't quite agree how analyst consider the price to be all time high by factoring in the dividend amount....if calculate this way, then can say current price is 20 or 30 with all the so many years' dividend added on.
...to me, at 8.76.....YTD only upped 6 sen :)

Posted by stkoay > 2023-10-06 12:58 | Report Abuse

I started buying in March 2021.
At 8.76, my total gain is 26.3% (Total cash dividend plus unrealized capital gain)

Posted by yewnamhung > 2023-10-06 14:36 | Report Abuse

Big Volume today ???

Posted by stockraider > 2023-10-07 10:31 | Report Abuse

Still a worthwhile investment at this price of Rm 8.77 mah!

Just think lah.....u get a dividend yield of 7.4% which is top highly attractive mah, where can find leh ?

Posted by jeffchan1901 > 2023-10-07 13:59 | Report Abuse

@stockraider what about YTLPower @ 8.96%? :-p

I agree that Harimau is a good investment at the moment based on the price 8.77.

Posted by MrFox > 2023-10-07 14:02 | Report Abuse

certainly YTLPoweris a goooooood stoclk! buy n keep!

Posted by i3lurker > 2023-10-07 14:08 |

Post removed.Why?

Posted by jeffchan1901 > 2023-10-08 06:42 | Report Abuse

Does not matter. both industry also good at the moment. Banking and RE. enjoying high returns both above 7% now is all that matters. no one can foresee the future, maybe in future RE take over by some other self renewable energy technology, maybe traditional banking services like OTC may be obsolete in future, who knows? we can only predict the now and invest in the now. no right no wrong. no need for worry if one is confident in investing for own future.

Posted by stockraider > 2023-10-08 11:13 | Report Abuse

Can buy maybank div yield of above 7% pa

Posted by linges > 2023-10-10 11:18 | Report Abuse

jeng2 😎

Posted by stkoay > 2023-10-10 16:51 | Report Abuse

Congratulation @linges on all your DIY DRPs :)

Posted by Kicapmanis > 2023-10-10 21:51 | Report Abuse

Wow..epf dumping 10-11 mils on early oct both cimb and maybk

Posted by stkoay > 2023-10-12 12:36 | Report Abuse

8.97 ......so cheap, still 21 sen below recent close of 9.18 on 6th Sept.... :p

Posted by stkoay > 2023-10-12 12:40 | Report Abuse

Posted by 1invest1 > 6 days ago | Report Abuse

With highest increase % in price among banks.
Some more, highest div among banks,
Walau Wei, double rewards.
Congrats to all maybankers who bought beginning of year.

________________________________________________________________________

It's still so cheap after recent correction.....
....come, come, welcome to join the Club :)

Posted by speakup > 2023-10-12 21:45 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/10/12/opensys-gets-rm105mil-cheque-clearing-contract-from-maybank
OMG! who on earth still use cheque nowadays?

Posted by speakup > 2023-10-12 21:46 | Report Abuse

speakup haven't issued cheque for maybe 5 years d

Posted by linges > 2023-10-14 15:31 | Report Abuse

Thanks @stkoay :)
Same to you for succesfull DIY DRP.
Hope to break 9 next week..

Posted by AqsadMohamad > 2023-10-16 10:30 | Report Abuse

Minggu ni ada chance pecah RM9

Posted by hh488 > 2023-10-16 11:54 | Report Abuse

Why the last 2 dividend payments have no scrip dividend re-investment option?

Posted by stkoay > 2023-10-16 12:13 | Report Abuse

@linges, hopefully.
....but I think it's going to trade near 9 for a while...just like in August....
....hopefully will break new high going into year end........

Posted by jazmaster > 2023-10-17 10:46 | Report Abuse

wow, really break through rm9 this week

Posted by Cslee1215 > 2023-10-18 16:00 | Report Abuse

https://uk.sports.yahoo.com/news/chart-day-sign-feds-rate-222017211.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGLFiQS4VbStQtkWfUa-_ShMgmcVNqcK_KgdUssrql8dkylxfmnfyD7qmPgw7bFvr2mdFU6akaboG3Lj26FOdbumQJaPi5pZkC7XT4bNmhyHkfAepcJ6vAp0-vMlIzKJCd6-TfS7eyNS54NGm51NdhwWMr_0COXfbCg_-csgndyD

Posted by AqsadMohamad > 2023-10-20 10:35 | Report Abuse

Beli balik aset sendiri 😄

https://www.thestar.com.my/business/business-news/2023/10/19/maybank-to-acquire-20-of-mamg-from-pnb-for-rm7039mil

Posted by 1invest1 > 2023-10-20 14:40 | Report Abuse

@stkoay,
there's an anti-bank & anti-MBB fella in Genting Bhd forum who said,

your logic is correct, every investor should be buying up Maybank... why share price kena stuck at 9.. P/B ratio hanya 1.2

Can you clarify whether his statement of MBB P/B ratio only 1.2 is correct ?

Posted by stkoay > 2023-10-20 20:40 | Report Abuse

@1invest1, P/B 1.2 ......is lower than PBB but much higher than most other banks which trades below 1 times.
Even though MBB is a high yield low risk stock but not everyone will want to invest in a low beta stocks....different ppl has different investment mentality...that's why some profit n some loose money :)
...about that "non investor" .....I don't want to comment on him or have anything to do with him....I don't want to bring myself to his level.....that's why I don't visit Genting forum anymore.

Posted by 1invest1 > 2023-10-20 23:16 | Report Abuse

@stkoay, thank you.
You are definitely in a different league.
BGH; better, greater, higher.

Posted by jeffchan1901 > 2023-10-22 15:12 | Report Abuse

@stkoay haha.. no wonder your user ID so familiar. now you just confirmed my guess too. I used to also visit Genting forum back when i also invested in it. since i sold off all shareholdings in GenT and GenM and made a small profit, I am much happier investing in Harimau. My ex-banker brother who used to work in SG also advised me to invest in safe haven stocks like Banks especially Harimau being the largest and biggest bank by cap size. he told me no way Harimau will bankrupt. if that day happens, everyone in Malaysia will also Harakiri. he also said stocks like GenT and GenM are speculative stocks which I also agreed seeing the price yo-yo up and down. so far i am at peace with Harimau and dont bother to monitor daily now. so to other Harimau investors, just invest and be confident in your investment, no one should shake your beliefs and confidence too.

Posted by tand3 > 2023-10-22 16:41 | Report Abuse

Harimau = Hari Hari Mau.

Posted by stkoay > 2023-10-23 11:59 | Report Abuse

@1invest1.....haha....we are in the "investment league"
Investors who own MBB and who visit this forum are mostly nice people :)

Posted by stkoay > 2023-10-23 12:02 | Report Abuse

@jeffchan1901 .....I bought GentingB during pandemic at average about 3.50 and sold at 4.91 on 19-7-21.....switched to MBB at about 8.00.....
....so glad I did that...both trades also win win :)

Posted by stkoay > 2023-10-23 12:12 | Report Abuse

Dividend of MBB from this trade is 1.45, capital gain at today is 99 sen....total 2.44.....versus cost of 8.00.....total return is 30.5%.
GentingB today 4.03....a drop of 88 sen.

Posted by jazmaster > 2023-10-23 15:50 | Report Abuse

Good, b ack to 9. See if Maybank can sustain at the price or not ..

Posted by Sami_Value > 2023-10-23 17:18 | Report Abuse

wellcall still green 😆

Posted by linges > 2023-10-24 12:23 | Report Abuse

Maybank always makes every investor happy 😘

Posted by linges > 2023-10-24 12:28 | Report Abuse

For more adventurous, no harm trying hot stocks..with proper exit plan, to when lock profit or cut loss..

Posted by linges > 2023-10-24 12:47 | Report Abuse

Maybank no need to think of exit plan or whatsoever..
just top up when price low and do DRP..