Posted by Fabien _the efficient capital allocator > 2024-08-19 14:53 | Report Abuse

Attractive interest rate differential and strong economic growth. Huge buying by foreign funds.

Posted by Bursino > 2024-08-19 15:00 | Report Abuse

Correct. Why let the bank use our money and give us a miserable 2.8 per annum with lots of conditions attched. Buy bank shares with good 6% dividends onwards - flexi, summore can dispose anytime. Lucky can get untung when share price naik.

Posted by Value Investor Coo1eo > 2024-08-19 15:10 | Report Abuse

Guys - for those who are here for 6% divvy (vs 2.8 for FD) there is no reason to celebrate...unless you sell (take profit).
take profit, then you do not get 6% anymore.

Posted by pang72 > 2024-08-19 15:21 | Report Abuse

Why can't celebrate for 6% dividend yield?
6% is cast for us buy low..

Whatever price going up is bonus mah!
So, we are happy

Posted by mf > 2024-08-19 15:26 | Report Abuse

sell

Posted by SamanthaNg > 2024-08-19 15:50 | Report Abuse

Bang Bang Bank 🔥🔥

Posted by stkoay > 2024-08-19 16:09 | Report Abuse

Those who intend to sell must make sure you HAVE the stock before you can sell

Posted by stkoay > 2024-08-19 16:10 | Report Abuse

If don't have, just sit and watch the rich getting richer.

Posted by pang72 > 2024-08-19 16:15 | Report Abuse

Stkoay,
I GIVE YOU A LIKE!!

Posted by stkoay > 2024-08-19 16:32 | Report Abuse

Thank you my buddy pang72 :)

Posted by jeffchan1901 > 2024-08-19 17:59 | Report Abuse

wow what happened?? harimau up 34 sens to 10.60. any idea?

Posted by stkoay > 2024-08-19 18:11 | Report Abuse

It's....

Gaya.......Mutu......Keunggulan

Posted by stkoay > 2024-08-19 18:11 | Report Abuse

Meow Meow Meow

Posted by jeffchan1901 > 2024-08-19 19:43 | Report Abuse

Wow, Majority of Bank stocks jumped up today. Harimau up at 3.3%, Sotong up 4.1% while PBB up 5.8% and RHB up 3.1%. Main street expecting very positive QR reporting by Banks this month?

Posted by stkoay > 2024-08-19 22:53 | Report Abuse

Yes, MBB needs to report a good QR, if only so so, then I think it will drop from here.
So so QR with PE 13+ times is quite expensive.

Drop back to about 10 for bargain hunter to get on board may not be a bad thing :)

Posted by Ayong21 > 2024-08-20 01:51 | Report Abuse

RM 20 incoming. Time to up car to the moon gogoogo.

Posted by jeffchan1901 > 2024-08-20 03:35 | Report Abuse

I hardly believe it will reach 20 anytime soon. I remember reading somewhere TP was ard 11.5

Posted by jeffchan1901 > 2024-08-20 03:45 | Report Abuse

I believe that the recent positive GDP reading showed that the economy is at a better than expected level. With production increase in the countrt means more consumption of its product - an indication of a healthy consumption by the population together with recent lower unemployment, all roads points to a stable economy. Banks will benefit as they benefit from sustain funds at stable rates. With local funds like EPF shifting to 'Buy Malaysia ' it's a win for all of us local retail investors as well.

Note to self: luckily didn't listen to pundits who ask us to buy Plantation or Tech stocks oh

Posted by newbie2019 > 2024-08-20 06:11 | Report Abuse

10.6! all time high!
Let’s sell some at 11.0 and 12.0 (only if it can goes this high in short time lol)

Posted by nhbeen > 2024-08-20 08:58 | Report Abuse

@jeffchan1901. I believe the upcoming Maybank quarterly result announcement should be positive judging from the performaces of other banks that have announced their report cards. Hopefully the upcoming dividend not dissappointing as well.

Posted by samadk > 2024-08-20 11:47 | Report Abuse

when is the announcement date?

Posted by jeff7777 > 2024-08-20 13:44 | Report Abuse

Earning report on 28 Aug

Posted by mf > 2024-08-20 14:31 | Report Abuse

sell

Posted by Cslee1215 > 2024-08-20 14:36 | Report Abuse

Institutions expecting good earning this coming quarter. Get ready to catch low hangin meat.

Posted by newbie2019 > 2024-08-20 18:19 | Report Abuse

que to sell at 11.00, 11.50 and 12.00 😝

Posted by Balian de Ibelin > 2024-08-20 18:22 | Report Abuse

so you sell it at more than 50% discount to forward market price of RM24.00?

Thanks man😁

Posted by newbie2019 > 2024-08-20 22:11 | Report Abuse

too chim

Posted by Ahboy96 > 2024-08-21 08:19 | Report Abuse

not going to sell... continue to buy in after dividend issue

Posted by Mabel > 2024-08-21 10:27 | Report Abuse

Maybank is a gems...

Maybank will report the next QR on the 28th of August. Time for benchmarking Maybank with Temasek Largest Banks

Singapore Banks’ Revenue:
DBS: Increased by 0.4% YoY to SGD 3,399 million
OCBC: Increased by 1.8% YoY to SGD 2,380 million
UOB: Decreased by 0.6% YoY to SGD 2,394 million

Dividends Declared by Singapore Banks for 1H 2024:
DBS:
1Q 2024: SGD 0.42 per share
2Q 2024: SGD 0.48 per share
Total for 1H 2024: SGD 0.90 per share.
OCBC: 1H 2024: SGD 0.40 per share.
UOB: 1H 2024: SGD 0.85 per share.

Expected Dividends by Malaysian Banks for 1H 2024:
Maybank:
First Interim Dividend: RM 0.29 per share in March 2024.
Second Interim Dividend: RM 0.31 per share in March 2024.
Total for 1H 2024: RM 0.60 per share.
CIMB:
Special Dividend: 7.00 sen per share declared in March 2024.
Second Interim Dividend: 18.50 sen per share declared in March 2024.
BIMB:
Second Interim Dividend: 4.22 sen per share declared in March 20245

It will be interesting to see how they compare when the results are announced next week.

To Our Success !

Meow

Posted by stkoay > 2024-08-21 19:48 | Report Abuse

Tomorrow down another 10 sen please

Posted by stkoay > 2024-08-22 12:14 | Report Abuse

My wish come true, so must add a little...

....another 10 sen, another little :)

Posted by skybursa > 2024-08-22 13:48 |

Post removed.Why?

Posted by stkoay > 2024-08-22 14:55 | Report Abuse

@skybursa how to scam ppl by making comments in forum?
If you read anything you don't like, just ignore.
This is a free forum, anyone can post anything, to me, as long as it's not fake news and it's not personal, I am alright.
Nobody is here to please anyone .

Posted by stkoay > 2024-08-22 14:58 | Report Abuse

...and by the way, I fear meeting ppl I don't know....esp ppl who track my investment/posting.

I value my privacy and security.

Posted by Ahboy96 > 2024-08-22 15:49 | Report Abuse

any special dividend since increase that much?

Posted by stkoay > 2024-08-22 15:53 | Report Abuse

No, dividend is based on profit and not on share price.
Dividend will likely be about 30 sen.

Posted by KClow > 2024-08-22 17:12 |

Post removed.Why?

Posted by stkoay > 2024-08-22 18:14 | Report Abuse

Some ppl, bcos they "no have", then they become hater of the rich.

Posted by stkoay > 2024-08-22 18:16 | Report Abuse

But I don't understand why he wants to reveal to other people that he is a "no have"

Posted by KClow > 2024-08-22 18:20 |

Post removed.Why?

Posted by stkoay > 2024-08-22 19:40 | Report Abuse

"no have" people is really stopit....when you want to attack ppl that you hate, at least say something which is more believable or more logical then it will not show the level of your stoopitdity

Posted by jeffchan1901 > 2024-08-23 03:03 | Report Abuse

@stkoay as mentioned before.. just ignore them.. let them sing until blue. We will just sit back and enjoy our pinacoladas. We get it is what's more important. Trolls are everywhere in cyber world.. keyboard warriors if you will

Posted by mf > 2024-08-23 06:03 | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,712.78

-177.72

0.43%

Nasdaq

NASDAQ Composite

17,619.35

-299.63

1.67%

Posted by stkoay > 2024-08-23 11:32 | Report Abuse

@jeffchan1901, agree and thanks for advice.

You are correct, we should ignore these trolls and not bring ourselves to their level.

Posted by Steven Chan > 2024-08-23 11:53 | Report Abuse

Best not to flex your wealth or humiliate others. Nobody is king only God is king

Posted by stkoay > 2024-08-23 12:17 | Report Abuse

Bullying and Harassment
I3investor does not tolerate bullying or harassment. We allow users to speak freely on matters and people of public interest, but take action on all reports of abusive behavior directed at private individuals. Repeatedly targeting other users with offensive comments or messages is a form of harassment.

Posted by stkoay > 2024-08-23 12:18 | Report Abuse

One of the reason for red flag 👆

Posted by stkoay > 2024-08-23 12:40 | Report Abuse

https://theedgemalaysia.com/node/723971

Aug 23): Equities in Indonesia and Malaysia are standing out as bright spots in Asia this month as global investors trim their exposure to almost every other market in the region.

India, which has been a darling of emerging-market investors in recent years, has seen an equity outflow of US$1.8 billion — the biggest in the region. Japan and Taiwan are next in terms of withdrawals.

“India is expensive, China’s economy is faltering, but Indonesia and Malaysia don’t have those problems,” said Nirgunan Tiruchelvam, an analyst at Aletheia Capital. “They may get even more attention in the coming quarters,” especially Malaysia, given the bets on its data centre boom, he said

Indonesia is benefiting from its fiscal discipline and economic growth, while Malaysia is riding the artificial-intelligence wave after wooing billions of dollars in data centre investments. The ringgit and the rupiah are the top performers against the dollar this month in a basket of 23 emerging-market currencies as overseas funds are boosting holdings of the nations’ bonds too.

Posted by KClow > 2024-08-23 15:21 | Report Abuse

I have written directy to i3 regarding a person asking for personal information of i3 individuals.
Personal info such as banks and how many shares they have..

Posted by KClow > 2024-08-23 15:23 | Report Abuse

What important to me is protecting all in this forum.
Never disclose ur details to anyone ever. ITS A PUBLIC FORUM