Posted by kk123 > 2016-06-16 18:03 | Report Abuse

The 1mdb issue still not yet resolve..
It could cost billions..if the claim by ipic materialised..
Ipic claiming usd 6 billion ..!

Posted by linges > 2016-06-16 18:39 | Report Abuse

The Star News 16June -
"A technical chartist said the KLCI had broken down technically and the immediate support was the 1,600 level. Adding to the worry was the weakening broader market and the ringgit which was hit by the decline in crude oil prices."

Trade with caution guys..good luck :)

Posted by linges > 2016-06-16 18:45 | Report Abuse

Maybank is KLCI heavyweight...it may trigger panic selling if 1,600 level broken..
for whoever plan to avg down (including myself)..get ur entry point right..

Posted by _OptimusPrime_ > 2016-06-16 18:47 | Report Abuse

from the chart maybank may reach 7.60 soon. how soon i donno. once its below 8,00 it became a very strong resistance.

Posted by The One ⇨ > 2016-06-16 20:03 | Report Abuse

Wondering how much money actually lost or paper loss when so many counters bleed. No support that can be depended upon.. not even technical rebounce.. bad times indeed.. hmm. So.. this is how.. a soon to be.. market crash starting to feel like..

Posted by kinfatt999 > 2016-06-16 20:33 | Report Abuse

brexit make people around the world scare

Posted by sell > 2016-06-16 20:43 | Report Abuse

So many good stocks drop like shit why Maybank still above RM 8? RM 7 safer.

Posted by kinfatt999 > 2016-06-16 20:47 | Report Abuse

buy below 7 or 7.50 is safe zone

Posted by hohoho > 2016-06-16 21:35 | Report Abuse

yes, buy below RM7.00

Posted by kinfatt999 > 2016-06-16 21:38 | Report Abuse

die, us market everyday drop drop drop, tomoroww malaysian also drop

Posted by proprop88 > 2016-06-16 21:40 | Report Abuse

buy la...slowly..accumulate

Posted by kinfatt999 > 2016-06-16 21:44 | Report Abuse

buy below 7.80 is more safe, still can wait

Posted by kinfatt999 > 2016-06-16 21:50 | Report Abuse

the brexit so powerful, make the world afraid

Posted by _OptimusPrime_ > 2016-06-16 21:54 | Report Abuse

Now n then they will find a ghost story to scare you and buy cheap from you.

Posted by chpu2001 > 2016-06-16 22:02 | Report Abuse

ya buy at rm 7.5 safer, not sure how far they wanted to sell down maybank.

Posted by goodwork > 2016-06-16 22:07 | Report Abuse

go for 7.0 or below for added margin of safety.

Posted by kinfatt999 > 2016-06-16 22:12 | Report Abuse

looks reccession d

Posted by kinfatt999 > 2016-06-16 22:13 | Report Abuse

next week is good time to buy

Posted by JoshuaMS7 > 2016-06-16 22:50 | Report Abuse

Ya reccession coming!!

Posted by mamatede > 2016-06-16 23:08 | Report Abuse

maybank is financing 1MDB...

Posted by kinfatt999 > 2016-06-17 06:54 | Report Abuse

1mdb is really hai c lang

Posted by LuoLi > 2016-06-17 09:06 | Report Abuse

maybank will be supported by epf above 8. it will be back to 9 once the foreign selling subsides.

Posted by mrrightm > 2016-06-17 09:38 | Report Abuse

https://tel egram.me/Ctianfreeupdate

Posted by richboy > 2016-06-17 12:03 | Report Abuse

Compare to both Maybank & Ambank...Ambank rebound power is stronger! Luckily put the eggs to different baskets......

Posted by Mylo Chear > 2016-06-17 12:56 | Report Abuse

@hng33 happy u r back.....

Posted by The One ⇨ > 2016-06-17 13:41 | Report Abuse

Err.. richboy.. Maybank is like a fat cow.. easily ran down the hills.. but very slow to walk back up.. at times even slipped.. lol

Posted by JuniorInvestor > 2016-06-17 16:07 | Report Abuse

@The One any factors caused Maybank rebound strength lower than am bank？

Posted by The One ⇨ > 2016-06-17 16:18 | Report Abuse

Maybank normally has been well supported by EPF but unfortunately EPF has not been in a good mood lately and lost its strength to slice thru resistances as before (not sure why even considering this is Maybank.. the pride bank of Malaysia). Also.. C17 is expiring in a month.. so (hint) RHB will do its best with whatever means to curb any advances toward 8.2 to ensure its C17 value is toilet paper. Just my 2 cents laa..

Posted by LuoLi > 2016-06-17 16:19 | Report Abuse

maybank lai liao!

Posted by hng33 > 2016-06-17 16:25 | Report Abuse

YESSSSSSSSSS

Posted by KedahMalay > 2016-06-17 16:31 | Report Abuse

coming

Posted by JoshuaMS7 > 2016-06-17 17:12 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5126801

Posted by richboy > 2016-06-17 18:57 | Report Abuse

The One..Good description of Maybank! lol..but this giant fat cow trying his best to climb up now..give him some time... :)

Posted by The One ⇨ > 2016-06-17 21:02 | Report Abuse

Yup richboy.. me believe Maybank's price should've been much higher than currently. Not sure why it has been pushed down quite severely.. but of course for obvious reasons laa. Not that its goin' to dwindle down anytime soon, right?

Posted by chpu2001 > 2016-06-18 00:03 | Report Abuse

buy buy buy,..................................don't buy will be too late to miss the giant fat cow. haha so fat how to climb ?

Posted by hng33 > 2016-06-18 10:36 | Report Abuse

> it is the largest bank by market cap (third largest stock and accounts for about 9% of the FBMKLCI) and has strong shareholders (Permodalan Nasional Bhd 44.7%, EPF 15.6%, Kwap 2.7% among others). These are strong shareholders which can withstand a major sell-off in the market.

> Its business model is resilient, with earnings largely from commercial banking and Malaysia-centric although it derives some earnings from its strong foothold in Singapore and Indonesia. We feel that it has a good balance of domestic earnings with touch of foreign flavour for diversification and growth.

> of attractive valuation currently – price to book (P/B) of 1.3 times (x) (FY16) which is way below its historical valuation of about 1.8x. In addition, it has a 2016 price earnings (PE) of 11.4x compared with the market, which has a 2016 PE of 14.8x. So it is not expensive compared to the market.

> it consistently has an attractive dividend yield, which is currently around 6.5%. If you buy Maybank shares low enough then there should be limited downside risk but get an attractive dividend of 6.5% per annum.

Compare this with investing money into one-year fixed deposit at the same bank which gives only about 4% per annum.

> We reckon Maybank would be among the first big cap stocks foreign funds would buy when they return to the local market. Any additional capital gains from investing in Maybank would be a bonus.

Posted by linges > 2016-06-18 14:43 | Report Abuse

@hng33..superb

with my current avg price..div yield is @ 6.5%..much higher than on-going 4.31% Maybank 12m eFD promo...actually i combined both..for a balance portfolio..

also dont forget, EPF and Amanah Saham also giving 6.x% div yield (hope it will continue like this....)

EPF u can add contribution (beside statutory contribution) using Self-Contribution option via M2U or CIMB online....without any extra charge..
Amanah Saham (non-bumi scheme)..its all depends luck,..u only can deposit wherever there is quota.

Just for weekend reading..happy weekend guys!

Posted by Janus Mun > 2016-06-18 20:52 | Report Abuse

agreed with hng33....which i still holding 574 lots of mb tht i didnt convert to cash....next div is in sept.....hehehehe.....

Posted by mujihero > 2016-06-19 00:17 | Report Abuse

Like cimb, is mbb going to distribute mbb indo shares to its shareholders

Posted by charliecharlie > 2016-06-19 01:31 | Report Abuse

heard this from kopitiam talks, " if Maybank falls, whole malaysia falls..bank note can be used as toilet roll" and somehow, for some reason, i believe the kopitiam talks...so, will top up continuously

Posted by kinfatt999 > 2016-06-19 11:06 | Report Abuse

dont beleive what u hear.anything can happen,u think malaysia is stable country??

Posted by kinfatt999 > 2016-06-19 11:07 | Report Abuse

now u see malaysian economy!!! all down, now u buy what sector stock also die

Posted by Sales > 2016-06-19 14:15 | Report Abuse

So you don't buy,keep your money in your pillow. If may bank no good, anywhere you put the same.

Posted by linges > 2016-06-19 14:29 | Report Abuse

if u dont like Maybank stock...u can choose Maybank FD 4.31% with 100% capital and PIDM protection...option always there...decision in hand dear kimfatt999!!

Posted by CUTLOST > 2016-06-19 14:38 | Report Abuse

anytime price hit below Rm8 just buy

Posted by kkgan > 2016-06-19 20:25 | Report Abuse

Maybank
52 weeks low 8.00
52 weeks high 9.34
Now 8.09

Posted by kinfatt999 > 2016-06-19 22:49 | Report Abuse

i prefer genting

Posted by proprop88 > 2016-06-20 07:59 | Report Abuse

Kinfatt999, if so many downside in malaysia and share market . What are you doing here in the first place ?

Posted by hng33 > 2016-06-20 09:01 | Report Abuse

YESSSSSSSSSSSSSSSSSSSSSS

Posted by hng33 > 2016-06-20 09:10 | Report Abuse

Sold back partial Maybank at 8.13-8.14, lock in contra profit, to swap back to skept