Posted by jeffchan1901 > 2024-04-16 16:21 | Report Abuse

In the chinese word, 'Danger' it comprises of 2 words - Threat and Opportunity. Also buying good stocks at a good price is like a game where you slowly, slowly catch the monkey. Not too fast (early), and patience is needed (wait for good price) otherwise monkey escapes you (gone opportunity). ;-)

Posted by linges > 2024-04-16 16:29 | Report Abuse

Agree..its rare opportunity to see Maybank free-fall..

Last was during Covid..RM7.50..tapi not dare to buy..only after breaks RM8.00 resistant, starts to buy..

This time if fall below RM9.50 very good..if below RM9.00 is bargain..if below RM8.50 all-in..

Posted by prudentinvestor > 2024-04-16 16:47 | Report Abuse

Disposed of some early this morning. Would buy back after a 30 to 40 sen drop. A 1k gain is good enough.

Posted by jeffchan1901 > 2024-04-16 16:54 | Report Abuse

@linges It wont drop so low. the pattern shows strong resistance at 9.55, I parked at 9.50 bcos it was the x-date price - trying my luck to pick up dead chicken la

Posted by Pinky > 2024-04-16 16:55 | Report Abuse

Today is selling across the market

But the drop in % is not really that severe

Steady la

Posted by linges > 2024-04-16 16:58 | Report Abuse

@jeffchan1901..Agree..me too plan to park some bullet at 9.50..
Last bought @ 9.57 in Mac…

Posted by Steven Chan > 2024-04-16 17:28 | Report Abuse

Next week below 9.00

Posted by newbie2019 > 2024-04-16 20:50 | Report Abuse

it will side way for a while looks like it

Posted by mf > 2024-04-16 21:32 | Report Abuse

The Israeli war cabinet is set to meet again on Tuesday, according to Reuters. The prime minister’s office and foreign ministry did not immediately respond to a CNBC request for comment.

Speaking after the cabinet’s Monday gathering, an Israeli official said the country’s decision-makers believe it is important for any potential response to closely follow the attack, and that such a gesture would be coordinated with Washington, NBC News reports.

Posted by jeffchan1901 > 2024-04-16 23:03 | Report Abuse

@linges you to start queuing your orders now if you plan to buy at 9.50 as by the time it breaks thru 9.55 no more chance as big boys queue up way way before hand. I always do this queuing ip early, that's how I manage to pick up some good stocks at very low price e.g. MAHB at 5.50, YTLP at 0.67, etc. Some calculated luck too as if you dabble in stocks long enough you know the big boys how they will trick the anchovies. I have paid my share of fees from learning it the hard way. That's why I would rather stop day trading to make small gains but rather buy and keep.. less stress la.. planning to build up my stock and EPF portfolio and hopefully give me a double digit pension when I am sixty

Posted by linges > 2024-04-17 02:37 | Report Abuse

@jeffchan1901 congrates on MAHB and YTLP.
yeah RM9.50 would be strong support to break. Even if foreign fund starts to dump Tiger, local institutions will absorb first, like what happen to Tenaga yesterday.

In middle east conflict, both countries are very cautious in their next plan of action. Thus, may de-escalate soon.

Posted by jeffchan1901 > 2024-04-17 08:15 | Report Abuse

@linges not too sure. US seems a likely beneficiary in this war as well. Makes the world reserve currency very much in demand and yes continue to support the petro Dollar. Until and unless, BRICS trading using local currencies is a confirmed and permanent trading option for the world outside the influences of US, the US would still want to continue the war as long as possible resulting in their increase spending and boosting their GDP in the process and delaying a possible recession. so far only China, Russia and India started trading in local currencies. I believe Malaysia and Singapore is interested as well but no official mention or stance in this matter. Look at Ukraine, more than a year and US seems to wash their hands off the issue. EU fighting among themselves to see who will fund the ongoing war. the only winner? Gold

Posted by speakup > 2024-04-17 08:17 | Report Abuse

US is evil empire! they sell weapons to other ppl to war!

Posted by speakup > 2024-04-17 08:19 | Report Abuse

https://themalaysianreserve.com/2024/04/16/one-in-two-malaysians-fear-job-loss-says-new-survey/
recession coming?

Posted by Steven Chan > 2024-04-17 08:56 | Report Abuse

When the whole world is tumbling down who wants to buy stocks?

Posted by jeffchan1901 > 2024-04-17 10:36 | Report Abuse

@linges, it's 9.56... going to test the 9.55 barrier soon!

Posted by jeffchan1901 > 2024-04-17 10:38 | Report Abuse

the people who will buy stocks are those who keep commenting here I guess

Posted by jeffchan1901 > 2024-04-17 11:16 | Report Abuse

Looking at the sell down from 10.30am and the huge volume, this is real sell off and not a fake bear. l would hasten to add, that if anyone wants to buy more then park lower price as it will continue to fall. US market will open ard 3pm-4pm, that will be another round of sell off by foreign funds. IMO dont make the mistake of being greedy and catch the falling knife. Be patient Tiger brothers.

Posted by linges > 2024-04-17 12:22 | Report Abuse

@jeffchan1901…Yesterday US market was mixed with more reds. Today pre-market very small greens.

Yes, Tiger sell-off not obvious yet, compared to sotong and tenaga, which starter yesterday and continuing today.

I prefer to see how strong is RM9.50 support.

Posted by Steven Chan > 2024-04-17 13:11 | Report Abuse

Dipping to end the cycle. Better wait for start of new cycle

Posted by linges > 2024-04-17 15:06 | Report Abuse

How far local institutions could absorb? Very interesting, lets wait for closing today.
If green local fund menang, if red foreign fund menang.

Posted by jeffchan1901 > 2024-04-17 18:50 | Report Abuse

Looks like no chicken dinner tonight. The defense was strong. Anyway am parking at 9.50 anyway for a month.

Posted by newbie2019 > 2024-04-17 19:48 | Report Abuse

local fund no problem buy all foreign holdings of maybank i think

Posted by newbie2019 > 2024-04-17 19:49 | Report Abuse

tutup pintu…. main sendiri

Posted by LadyRepins > 2024-04-17 19:52 | Report Abuse

Hard luck everyone! Tiger survives 9.50 support for today. It's a pretty deep trough to next level, I spy and parking some ammo for 9.10/9.20 and even lower to 8.90 if the sellers are determined.

Tiger is in many local institution wallet, they will sapu more than sellers can dish out...

Posted by linges > 2024-04-18 11:36 | Report Abuse

Ha ha..Tiger come back so fast…

Posted by stkoay > 2024-04-18 11:40 | Report Abuse

What is "tutup pintu.... main sendiri" ?
....main dengan bf atau gf lebih syiok kan?

Posted by linges > 2024-04-18 14:43 | Report Abuse

why Bursa companies need 2-months to announce financial statement, while most of other countries need only less than a month?
Anyone know the reason.

Posted by ccpool > 2024-04-18 16:17 | Report Abuse

10.32

Posted by jeffchan1901 > 2024-04-18 18:58 | Report Abuse

@linges cause Malaysia Boleh

Posted by Pinky > 2024-04-18 21:35 | Report Abuse

Because Malaysia have CNY on February.

Accountants and auditors only want to start OT-ing closing accounts and start audit after enjoy CNY.

#BudayaKita

Posted by newbie2019 > 2024-04-18 21:49 | Report Abuse

lol stkoay…. shiok kan?

Posted by stkoay > 2024-04-18 22:38 | Report Abuse

haha......main dengan bf atau gf, tentu lebih syiok daripada main sendiri....lol :p

Posted by prudentinvestor > 2024-04-19 10:49 | Report Abuse

The risk of war between Iran and Israel has never been this high before. Dow Futures are down about 450 points and Nikkei 225 is down over 1,300 points. South Korea and Taiwan are down over 3%. I suppose many investors are now seeking refuge in Maybank.

Posted by stkoay > 2024-04-19 12:08 | Report Abuse

Yes, yes, high dividend stock is the best place to be during turbulent time while waiting for the dust to settle......

Posted by derricksyl > 2024-04-19 13:22 | Report Abuse

dun miss the boat .....

Posted by Cslee1215 > 2024-04-19 13:50 | Report Abuse

18 sellers @9.74 😂

Posted by stkoay > 2024-04-19 14:41 | Report Abuse

Malaysian heavyweight esp banks trade very calm.....

Posted by stkoay > 2024-04-19 14:43 | Report Abuse

Maybank encountered some pressure/selling this morning when news broke out, now it has stabilized....but no reason for buyers to bid higher, i guess

Posted by stkoay > 2024-04-19 14:45 | Report Abuse

If stay at around 9.70/71 for rest of day, then it should be considered good.

Posted by stkoay > 2024-04-19 17:00 | Report Abuse

Q to buy 9.66 in the afternoon but canceled during pre close....missed the boat at 9.65 alamak!

Posted by skybursa > 2024-04-19 17:43 | Report Abuse

ALREADY dump all at 9.70. I bet all my chips in RHB. Maybank no longer looks attractive.

Posted by skybursa > 2024-04-19 17:44 | Report Abuse

Today volume looks so fake. Seems like big boys using maybank to support the index

Posted by linges > 2024-04-19 18:57 | Report Abuse

Thanks for replies to my question..yeah we take 2-months..because we can, ha ha..

Posted by stkoay > 2024-04-19 19:41 | Report Abuse

Yes RHB "looks" very attractive....but it has look so for the past 1 to 2 years ....and it remains looking so.....haha
I am also quite tempted by its looks.....but till now it's not moving yet :p

Posted by Steven Chan > 2024-04-20 16:30 | Report Abuse

@skybursa I though every one waiting for 10.00.why dumped all now?

Posted by prudentinvestor > 2024-04-20 21:45 | Report Abuse

I also sold some of my Maybank holdings. At this time of uncertainty in the Middle East, a bird in hand is worth several in the bush. Also, high interest rates in the US may stay much longer than expected.

Posted by speakup > 2024-04-21 08:29 | Report Abuse

smart guy!

Posted by Mytime > 2024-04-21 08:47 | Report Abuse

What lack behind might become active someday. We just need to be patience. I might move my funds back to maybank again if the price looks cheap

Posted by prudentinvestor > 2024-04-21 16:41 | Report Abuse

Below RM9.20 looks attractive, below RM9.00 no need to hesitate.