Goreng again on someone interested its asset management, same old story and always quote name not to be mentioned, that is reporter ethic. Wanna trap minority investors? Avg down at 1.50.
Newbie here. I find Affin is the cheapest bank But result very goid6 And I am using axa insurance Feel Affin most value is Affin hwang and axa. I feel banking sector not good woloulnt affect Affin much As I feel Affin very good at investment sector Now many people like to investment So I decided buy Affin than Cimb now 1.40 so worth lol
How can they cut the dividend after announcing it? What are the rules to a listed company about dividend and should the dividend cut be approved by shareholders or Bursa? If this is the trend going forward then it will be a nightmare to investors
this stock is slow, but almost impossible to lose money at this level 11/01/2019 12:51 PM
==> she already cut loss and lose money! ----------------------------------------------------------------------------------------
Icon8888 Every laggard will have its day 18/01/2019 11:14 AM
==> she didn't wait for the day come! ---------------------------------------------------------------------------------------- Icon8888 My cost 223 28/04/2019 8:16 AM
Icon8888 Safe to buy
Upside don't know how much but downside limited 26/04/2019 11:00 PM
==> Safe to buy!!!
--------------------------------------------------------------------------------------- Icon8888 No run
Dumb dumb hold 13/11/2019 7:56 PM
==> she run already and ask her followers Dumb Dumb hold! -----------------------------------------------------------------------------------------
She never tell her followers she cut loss, just don't care!
The Board of Directors of MBSB has recommended a Single-Tier Final Dividend of 3.0 sen net per Ordinary Share for the financial year ended 31 December 2019 ("Proposed Dividend").
Based on the total number of ordinary shares issued of 6,713,401,615 as at 31 December 2019, the Proposed Dividend payable would be approximately RM201.4 million.
The Board of Directors has determined that the option to reinvest via the Dividend Reinvestment Plan ("DRP") shall apply to the entire portion of the Proposed Dividend. The approval for the Proposed Dividend will be sought at the coming Annual General Meeting.
Under DRP, shareholders will have the following options in respect of the electable portion:-
(a) elect to exercise the option and thereby reinvest the entire electable portion (or a part thereof) at the issue price of the new MBSB shares ("DRP Price") and to receive cash for the remaining portion of the dividend (in the event that only part of the electable portion is reinvested); or
(b) elect not to exercise the option to reinvest and thereby receive their entire dividend entitlement wholly in cash.
There will be no brokerage fees and other related transaction costs payable by shareholders on the new MBSB shares allotted pursuant to the DRP.
The Books Closure date in respect of the Proposed Dividend will be announced after the Annual General Meeting.
2 sen difference. To highly paid management is nothing, to minority LT investors, that not even can cover capital loss but is better than nothing. To bursa, would like to see stern actions on listed companies, in particular massive written of bad debts, disclosure of debtors aging, one big lump sum sudden impairment, etc.
Affin Bank Bhd is expected to be the hardest hit by moratorium, because its proportion of HP loans is the highest among local banks, at 23.2%, followed by Public Bank Bhd with 14.5% and AMMB Holdings Bhd (AmBank) with 14.2%.
Hardest hit does not mean profit affected mah...!!
The moratorium in fact reduce the impact of NPL, giving more time for the debtors to recover and organize loan repayment mah...!!
Posted by buffet3333 > May 23, 2020 12:35 AM | Report Abuse
Affin Bank Bhd is expected to be the hardest hit by moratorium, because its proportion of HP loans is the highest among local banks, at 23.2%, followed by Public Bank Bhd with 14.5% and AMMB Holdings Bhd (AmBank) with 14.2%.
Decide after announce Q2 then wait until Q3, buyback after Q4.. 2020 will be losses to all banking and financial institutions. Monatorium Impairment comminggg..
Banking industry outlook is negative.... 1. Lost of 6 months interest income 2. lower BLR 3. Potentially higher NPL... 4. overall real economy is extremely BAD..
ank stocks are safe, but u must consider the timing too ..... that is holding cost .... surely u want yr money can work as efficient as it can ...... don't be too self ego, below is a good example!
------------------------------------------------------------------------------ Icon8888 I am in
this stock is slow, but almost impossible to lose money at this level 11/01/2019 12:51 PM
==> on that day, the price was 2.22 and she said impossible to lose money at that level ! ----------------------------------------------------------------------------------------
Icon8888 Every laggard will have its day 18/01/2019 11:14 AM
==> she didn't wait for the day comes, bcos she cut loss already ! ----------------------------------------------------------------------------------------
Icon8888 My cost 223 28/04/2019 8:16 AM
Icon8888 Safe to buy
Upside don't know how much but downside limited 26/04/2019 11:00 PM
==> Safe to buy @2.19 !!!
--------------------------------------------------------------------------------------- Icon8888 No run
Dumb dumb hold 13/11/2019 7:56 PM
==> she run already and asked her followers Dumb Dumb hold! ==> she never told her followers she had already cut loss, just don't care!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jeffreyteck
4,247 posts
Posted by Jeffreyteck > 2020-02-14 23:24 | Report Abuse
Goreng again on someone interested its asset management, same old story and always quote name not to be mentioned, that is reporter ethic. Wanna trap minority investors? Avg down at 1.50.