Posted by teknikal > 2023-10-26 10:36 | Report Abuse

Long term still uptrend with price above moving average 200.

Near term rangebound with support at 8.75 and resistance 9.05

Posted by Tedinvestor > 2023-10-26 17:34 | Report Abuse

My average entry now is 7.86. Just dividend alone, received each years I'm already very satisfied.

Posted by stkoay > 2023-10-26 19:46 | Report Abuse

Congratulations.
MBB pays one of the highest yield among banks.
PBB pays one of the lowest yield among banks.

At current price, historical is 6.55% for MBB, 4.32% for PBB.

Posted by Winnies > 2023-10-26 21:46 | Report Abuse

Is MBB is worth to buy now or should I wait.

Posted by derricksyl > 2023-10-27 09:12 | Report Abuse

Strong stand at 9.00

Posted by derricksyl > 2023-10-27 09:16 | Report Abuse

Retail investors keep for dividend

Posted by LeonardLiong > 2023-10-27 10:33 | Report Abuse

Can keep it for dividend as well as capital appreciation

Posted by stockraider > 2023-10-27 11:18 | Report Abuse

Veli veli big wins coming mah!

Posted by BullOfWallSt > 2023-10-27 15:41 | Report Abuse

wait drop or buy now?

Posted by Kicapmanis > 2023-10-30 00:01 | Report Abuse

Swedish central bank goes under few days back. I dont really know how its gonna give effect to Malaysian banks but im kind of sure we'll feel the effect sooner . Might see another dip in banking sector as early as next year? Who knows

Posted by AqsadMohamad > 2023-10-30 10:20 | Report Abuse

Of course tunggu ia jatuh baru masuk jika belum ada saham ni @BullOfWallSt

Posted by prudentinvestor > 2023-10-30 11:48 | Report Abuse

Maybank and CIMB bank have been doing extremely well over the past few weeks. Hope they continue to perform well.

Posted by TiGongPoPiPopi > 2023-10-31 11:03 |

Post removed.Why?

Posted by jeffchan1901 > 2023-11-03 19:47 | Report Abuse

Good news in horizon, after move to ESG building, more investor will come in

https://theedgemalaysia.com/node/687411

Posted by Mabel > 2023-11-06 10:03 |

Post removed.Why?

Posted by Mabel > 2023-11-06 10:03 |

Post removed.Why?

Posted by jeffchan1901 > 2023-11-06 11:17 | Report Abuse

Revving up Maybank’s sustainability commitments
TheEdge Mon, Nov 06, 2023 10:00am - 1 hour

The progress made in just two years since Maybank unveiled its four headline sustainability commitments has seen the group revising two of the targets upwards - Maybank Chief Sustainability Officer, Shahril Azuar Jimin

By 2025, it aims to mobilise RM80 billion (up from RM50 billion) in sustainable finance and improve the lives of two million (up from one million) households in ASEAN.

Maybank Chief Sustainability Officer Shahril Azuar Jimin says the group has surpassed the halfway mark for these two commitments and the yearly targets for the remaining commitments, namely achieving a carbon-neutral position of its own emissions by 2030 and net-zero carbon equivalent position by 2050, and achieving one million hours per annum on sustainability and delivering 1,000 significant Sustainable Development Goal outcomes by 2025.

According to Shahril, the group has to date mobilised some RM49 billion in sustainable finance enabled by the rollout of the Sustainable Finance Framework (SPF), the first bank in Malaysia to do so. The SPF, which supports greater development of green, social and sustainable products, has elevated the group’s ability to mobilise sustainable finance, he says.

In 2022, more than 90% of non-retail mobilisation was contributed by home markets, says Shahril, adding that 39% of the loan proceeds went towards the development of green buildings (representing a 15% increase from 2021) and 39% to affordable services and infrastructure.

“In 2022, retail mobilisation across home markets increased by 17% from 2021. Thematically, over 50% of sustainable finance was mobilised through the provision of affordable essential services and infrastructure. Roughly 30% was mobilised towards financing clean transportation, while energy efficiency, including financing of green indexed property units and green mortgages, contributed 16%,” he adds.

The lives of more than 1.05 million households across ASEAN have improved as a result of the group’s financial inclusion initiatives, zakat, micro-insurance offerings and community flagship programmes, says Shahril.

On the group’s decarbonisation journey, he says that Maybank has reduced operational emissions by 48.5% against the 2019 baseline thanks to its energy efficiency projects, Malaysia renewable energy certificates and carbon credits.

Maybank’s Sustainability journey thus far:

A point of pride for Maybank is that it is the first bank in the country (and one of the first in ASEAN) to establish a financed emissions baseline, which sets out the starting point for the group to chart its progress towards decarbonisation. Maybank was recently recognised in TIME magazine’s World’s Best Companies 2023 listing, ranked 374th for Sustainability, the only company in Malaysia to receive this accolade.

As for the fourth sustainability commitment, Maybank has achieved more than 580,000 sustainability hours, with 62% directly related to sustainability initiatives.

Shahril sees the group as an enabler in the country’s sustainability journey, particularly with the government’s more recent introduction of several pivotal frameworks and documents to chart the nation’s energy transition and sustainability pathways.

“The National Energy Transition Roadmap and the government’s intention to increase the renewable energy target to 70% by 2050 and uplift renewable energy export ban are steps in the right direction. Maybank sees itself as an enabler in this space. We have identified the areas of focus, including transition finance, renewable energy, carbon credit producing projects and electric vehicles.”

“We see renewables as a top carbon abatement lever for ASEAN, while electric mobility is viewed as an investment opportunity through partnership with equipment manufacturers and developing a charging infrastructure,” he adds.

Maybank, he says, is not taking its foot off the gas when it comes to seeing its sustainability commitments come to fruition. The group plans to develop a science-based, net-zero pathway and strategy to guide its decarbonisation transition. It also plans to carry out strategic engagements with clients, government ministries and regulators in transitioning to a low-carbon economy, as well as craft new and innovative products and solutions to drive mobilisation in sustainable finance.

Posted by nhbeen > 2023-11-06 11:20 | Report Abuse

At 11.16am, Maybank's price moves back to its Sep 14 pre-ex price of 9.12. It takes about close to 2 months for Maybank to reach this 9.12. Awesome. Those investors who hold receives "free" money so called.

Posted by linges > 2023-11-07 12:45 | Report Abuse

Congrates to all Maybank kaki..

lambat kaya tapi tetap akan kaya 😎

Posted by stkoay > 2023-11-07 16:51 | Report Abuse

.....slow slow sure kaya :)

Posted by stkoay > 2023-11-07 16:52 | Report Abuse

....so quiet....
....harimau investors quietly adding, I guess :p

Posted by stkoay > 2023-11-07 19:37 | Report Abuse

https://theedgemalaysia.com/node/689178

Ahmad Maslan added that it is anticipated that total domestic investment will increase to RM700 billion by the end of 2023.

The Ministry of Finance further stated that the EPF is committed to prioritising domestic investments by allocating a significant portion of its annual funds to the local market, including investments in the form of money market funds at local banks.

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

RHB Investment Research Reports
Real Estate - Johor: The Malaysia-Singapore Interchange

rhbinvest
Publish date: Tue, 31 Oct 2023, 09:47 AM
Maintain OVERWEIGHT. We are upbeat on the outcome of the recent meeting between Malaysia and Singapore. Both governments have committed to accelerate the progress of the Johor-Singapore Special Economic Zone (SEZ), with further updates/details regarding tax incentives and cross-border electricity trading expected to be announced in the coming months. The leaders strongly emphasised the aim to smoother trips for people and transportation of goods. Companies that can potentially benefit significantly include UEM Sunrise, Sunway and AME Elite Consortium.

Posted by AqsadMohamad > 2023-11-08 14:17 | Report Abuse

Ade special dividen tak? 😁

Posted by stkoay > 2023-11-08 16:22 | Report Abuse

https://theedgemalaysia.com/node/689304
KUALA LUMPUR (Nov 8): Malayan Banking Bhd (Maybank) has expanded its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, amplifying the financial group’s capabilities and enhancing the ease and efficiency of financial transactions.

In a statement on Wednesday, Maybank said the initiative will benefit over eight million Maybank MAE mobile app users visiting China, as well as more than 700,000 Maybank QRPay merchants in Malaysia via transactions made by visitors from China.

Group chief executive officer of community financial services Datuk John Chong said Maybank’s cross-border initiative demonstrates its commitment to provide convenience to customers and aligns with the group’s strategic thrusts to strengthen its regional presence.

“Our entry into China offers an exceptional opportunity to access the dynamic and thriving Chinese market, further solidifying our international footprint.

Posted by derricksyl > 2023-11-09 10:16 | Report Abuse

coming announcement Q3 2023 will b end of November ….. Profit will hit higher than Q3 2022

Posted by Jaya > 2023-11-10 02:18 | Report Abuse

When is dividend payout

Posted by jeffchan1901 > 2023-11-10 11:14 | Report Abuse

@Jaya Based on past 5 years dividend next payout, if without DRIP as early as mid March till early May, if with DRIP is around as early as mid April to as late as mid June.

Posted by mf > 2023-11-10 11:30 | Report Abuse

Price Target

Ranhill Utilities - Everything Is Falling Into Place; Keep BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 1.09
Last Price : 0.955, Upside/Downside : +0.135(14.14%)

Posted by NatsukoMishima > 2023-11-13 08:59 | Report Abuse

Deposit Flight Hits all the banks soon , Banking Industry Is ‘Gradually Shrinking ! Bank stocks not a safe haven anymore ! SELL

Posted by prudentinvestor > 2023-11-14 10:50 | Report Abuse

Should withdraw all your money from the banks and keep it at home. It is much safer to keep cash at home.

Posted by linges > 2023-11-14 14:53 | Report Abuse

@prudentinvestor..ha ha good one.

Wandering if all this fear-mongers in i3 investor holding any stock. They may lost their capital in hot stocks, and jealous with dividend players.

Posted by derricksyl > 2023-11-14 17:05 | Report Abuse

TP 9.50 on track .......

Posted by prudentinvestor > 2023-11-17 10:15 | Report Abuse

RM11 by end of 2025. Earnings per share should reach RM1 by then. Patience is the name of the game.

Posted by prudentinvestor > 2023-11-21 10:17 | Report Abuse

Those who had the gut to buy Maybank at around RM7 a share in early Nov 2020 by now should have a return of over 50%, including dividends.

Posted by i3lurker > 2023-11-21 10:26 | Report Abuse

Buy!!
Depending on Indonesian economic growth Maybank may double to above RM20.00 in less than 10 years time.

Posted by prudentinvestor > 2023-11-21 10:58 | Report Abuse

DBS is trading at Sing$32 or RM110 a share. Its market cap is $82.5 billion or RM286 billion, 2.6 times Maybank's market cap. Maybank has a lot of room for growth.

Posted by zhen wei & JP > 2023-11-22 09:47 | Report Abuse

Good day, QR today!

Posted by prudentinvestor > 2023-11-22 11:59 | Report Abuse

Not so early, possible on Friday but more likely next week.

Posted by smartly > 2023-11-22 13:10 | Report Abuse

eps 19.56. not bad

Posted by zying > 2023-11-22 14:30 | Report Abuse

Taniah Semua! Good earning!

Posted by stkoay > 2023-11-22 17:01 | Report Abuse

Result is good for dividend investor.
If EPS for 4Q is maintained at this level, full year EPS will be 77+ sen (versus last year 69 sen)
.....at 80% payout, can expect 2nd interim dividend payment of about 33 sen.

Posted by prudentinvestor > 2023-11-22 17:37 | Report Abuse

Maybank is a very dependable company. It had already increased its interim dividend payment by 1 sen a share to 29 sen. Even a one sen increase in the final dividend would bring total dividend payment for this year to 60 sen a share, giving a yield of 6.6%.

Posted by Pinky > 2023-11-22 17:52 | Report Abuse

Steady bom pi pi punya Tiger Bank

Posted by nhbeen > 2023-11-23 09:34 | Report Abuse

Let's hope it keeps up with the momentum and rewards its investors eventually.

Posted by sasword > 2023-11-23 17:26 |

Post removed.Why?

Posted by Kuli99 > 2023-11-23 19:55 | Report Abuse

Sorry I miss earlier discussion. Did mbb announced any dividend in latest quarter announcement?

Posted by stkoay > 2023-11-23 21:44 | Report Abuse

Projecting a 13.1% Qoq Growth in 4Q23 Net Profit
We are projecting a net profit of RM2.67bn for Maybank in 4Q23, representing a growth of 13.1% qoq (+23% yoy). We expect this to be achieved on the back of better contributions from its insurance business (compared to negative contributions in 3Q23 and 4Q22), stable credit costs, flattish or a marginal increase in net interest income, and low single-digit rise in overheads (the above are all qoq trends).

Guidance by Maybank for FY23F
During the conference call on 22 Nov 23, Maybank guid ed for the following for FY23F: 1) a c.25bp contraction in NIM, 2) a net credit charge-off rate of 30-35bp, and 3) ROE of 10.5- 11%.

Reiterate Add on Maybank
We reiterate our Add call on Maybank premised on the potential re-rating catalysts from the write-back of its management overlay and capital management initiatives, which could lead to an increase in dividend payout ratio and ROE. Potential downside risks would be a deterioration in loan growth and asset quality. We retain our FY23-25F EPS forecasts but raise our DDM-based target price (TP) from RM10.30 to RM10.60 (cost of equity: 10.1%; terminal growth rate: 4%) as we roll over our TP to end-CY24F.

Source: CGS-CIMB Research - 22 Nov 2023

https://klse.i3investor.com/web/pricetarget/research/69462

Posted by stkoay > 2023-11-23 21:47 | Report Abuse

Maintain OUTPERFORM and TP at RM9.95. Our TP is premised on a GGM-derived FY24F PBV of 1.34x (COE: 9.9%, TG: 3.5%, ROE: 12.0%). MAYBANK is expected to demonstrate operational resilience whilst sustaining its position as the leading bank in terms of market share. We believe MAYBANK’s ability to provide the most sustainable returns via its consistent market leading dividend yields (7%−8%) warrants further accumulation of its shares.

Source: Kenanga Research - 23 Nov 2023

https://klse.i3investor.com/web/pricetarget/research/69443

Posted by stkoay > 2023-11-23 21:50 | Report Abuse

Near-term challenges notwithstanding, we continue to like the Group’s prospects, underpinned by its M25+ initiatives. Our Outperform call and TP of RM9.70 are retained.

Source: PublicInvest Research - 23 Nov 2023