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KLSE: MAYBANK       MALAYAN BANKING BHD
Last Price Avg Target Price   Upside/Downside Price Call
9.85 9.50     -0.35 (3.55%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
05/09/2017 9.52 9.50 -0.02 (0.21%) HOLD UOBKayHian Price Target News
05/09/2017 9.52 10.30 +0.78 (8.19%) BUY MIDF Price Target News
05/09/2017 9.52 9.50 -0.02 (0.21%) HOLD KENANGA Price Target News
05/09/2017 9.52 10.50 +0.98 (10.29%) BUY Affin Hwang Capital Price Target News
03/08/2017 9.65 9.20 -0.45 (4.66%) HOLD MACQUARIE GROUP Price Target News
01/08/2017 9.57 9.90 +0.33 (3.45%) BUY HLG Price Target News
28/07/2017 9.64 10.30 +0.66 (6.85%) BUY MIDF Price Target News
26/05/2017 9.37 9.50 +0.13 (1.39%) HOLD UOBKayHian Price Target News
26/05/2017 9.37 10.30 +0.93 (9.93%) BUY MIDF Price Target News
26/05/2017 9.37 9.50 +0.13 (1.39%) HOLD KENANGA Price Target News
26/05/2017 9.37 9.20 -0.17 (1.81%) HOLD AMMB Price Target News
26/05/2017 9.37 10.50 +1.13 (12.06%) BUY Affin Hwang Capital Price Target News
05/05/2017 9.17 9.45 +0.28 (3.05%) BUY HLG Price Target News
02/05/2017 9.56 9.80 +0.24 (2.51%) BUY MIDF Price Target News
02/05/2017 9.56 9.17 -0.39 (4.08%) SELL KENANGA Price Target News
17/04/2017 8.95 8.00 -0.95 (10.61%) HOLD ALLIANCE Price Target News


Price Target Research Article/News (past 6 months)
05/09/2017  UOBKayHian Malayan Banking: 2Q17: Provisions Remain Elevated
05/09/2017  MIDF Maybank - Led By Strong NII Momentum And Lower Provisions
05/09/2017  KENANGA Malayan Banking Berhad - Boosted by Lower Impairments
05/09/2017  Affin Hwang Capital Maybank (BUY, Maintain) - Lower Credit Cost, Absence of Large Impairment
03/08/2017  MACQUARIE GROUP MQ Research - Malaysian Banking Sector Report
01/08/2017  HLG Banking - Jun Stats – Loan Growth Rebounded
28/07/2017  MIDF Maybank - Well Contained Funding Cost
26/05/2017  UOBKayHian Malayan Banking:1Q17: Lower Provision Offsets Weak Non-Interest Income Trends
26/05/2017  MIDF Maybank - Solidly On The Rebound Road
26/05/2017  KENANGA Malayan Banking Berhad - On Track But Vigilant Ahead
26/05/2017  AMMB Malayan Banking - Further upticks in GIL ratio
26/05/2017  Affin Hwang Capital Maybank (BUY, maintain) - Lower allowances a boost to 1Q17
05/05/2017  HLG Malayan Banking - Termination of WOM Finance disposal
02/05/2017  MIDF Maybank - Solid NII Growth Bringing Good Start In Indonesia
02/05/2017  KENANGA Malayan Banking Berhad - Maybank Indonesia: A Slow Start
17/04/2017  ALLIANCE MALAYAN BANKING - Rumoured spinoff of Etiqa



  13 people like this.
 
hstha Traders see next Fed rate hike in mid-2018
https://www.reuters.com/article/us-usa-fed-futures/traders-see-next-fed-rate-hike-in-mid-2018-idUSKCN1BC50W
02/09/2017 00:48
shortinvestor77 MBB will climb above RM10 while KLSE will climb above 1780.
02/09/2017 11:51
masterus THE EXPRESS TRIBUNE > BUSINESS
US dollar losing its lustre


NEW YORK: In times of uncertainty or crisis, investors typically take refuge in safe options like the Swiss franc, gold or the US dollar, but under President Donald Trump the greenback has lost its lustre, especially to the euro. After this week’s North Korean missile launch over Japan raised fears it could trigger a major conflict, the single European currency rose above the symbolic threshold of $1.2 for the first time since January 2015. “The dollar and US Treasuries are typically safe haven assets. But no one really wants to own the dollar right now,” said Brad Bechtel, head of foreign exchange trading at Jefferies. US monetary policy also plays a role in the dollar’s relative value as do comments – or the absence thereof – from central bankers.
02/09/2017 14:49
goldentriangle shortinvestor77, are you sure MBB will climb above RM10 while KLSE will climb above 1780 ?
02/09/2017 18:49
joetay @goldentriangle,

u shld be asking if klci can climb above 1800, not above 1780.
02/09/2017 20:59
shortinvestor77 Yes. SE Asia is a booming zone. We will see lot of investors to come.
http://klse.i3investor.com/blogs/kianweiaritcles/131424.jsp
03/09/2017 23:54
Beza FORECAST

We are maintaining our FY17 and FY18 forecast.
VALUATION AND RECOMMENDATION

We are pleased to see the Group's operation continues to improve, especially with the strong growth in NII. While asset quality remains our concern, it is allayed by the fact that we believe that it is well contained. We believe that with the operation improving further in Indonesia, there is still some potential upside to the stock. As such, we are maintaining our BUY call with unchanged TP of RM10.30, based on PB multiple of 1.4x. Although, the expected total returns is slightly below our threshold of +15%, we are making an exception as in our opinion, the Group's earnings recovery have not been fully priced in. Additionally, a dividend yield of +5.8% should limit any potential downside.

Source: MIDF Research - 5 Sept 2017
05/09/2017 10:52
shortinvestor77 KUALA LUMPUR: The local banking sector is expected to see its earnings grow 10.6 per cent this year, according to Affin Hwang Capital.

This will ease to a more modest 38 per cent next year before slightly rising 4.1 per cent in 2019, the firm said in a report today.

Affin Hwang Capital said favourable domestic demographic trends (driving consumption and housing needs), ample infrastructure projects in the pipeline and accommodative monetary policy are supportive reasons for the growth in earnings.

“The sector’s overall valuation in 2017 still appears attractive at a 1.35 times price to book value multiple (on a forward basis) against the past 10-year average of 1.6x and the past five-year average of 1.5x,” it added.

Key risks for the sector include new bad loan formation, net interest margin compression, higher funding costs, weaker loan growth and much higher provisions on FRS 9 (financial reporting standards) adoption.

Affin Hwang Capital’s top picks are AMMB Holdings Bhd, Public bank Bhd and Malayan Banking Bhd.

The firm upgraded its rating on AMMB from “hold” to “buy” with a price target of RM5.20 (based on 0.9x P/BV on calendar year 2018). “We believe the recent selling of the stock is unjustified (currently trading at 0.77x P/BV versus the sector at 1.35x), subsequent to the aborted merger plan with RHB Bank Bhd,” it added.
05/09/2017 20:45
shortinvestor77 http://www.klsescreener.com/v2/news/view/276895
05/09/2017 20:56
diehardunited I'd rather bet into this stock. Giant in the making! Get ready for the LIMIT UP SOON!
http://klse.i3investor.com/m/blog/warrenbuffet/131824.jsp
10/09/2017 18:37
hstha China's money rates fall, thanks to few signs of liquidity stress
https://www.reuters.com/article/china-bonds/chinas-money-rates-fall-thanks-to-few-signs-of-liquidity-stress-idUSL4N1LP32M
10/09/2017 22:23
hstha Ringgit uptrend expected to continue till year-end http://m.thesundaily.my/node/480651
10/09/2017 22:28
hstha Foreign buying of Malaysian equity jumped to RM362.6 million last week, says MIDF Research http://www.theedgemarkets.com/article/foreign-buying-malaysian-equity-jumped-rm3626-million-last-week-says-midf-research
11/09/2017 20:07
masterus image: http://www.thestar.com.my/~/media/online/2016/12/19/02/14/ringgit-dec15.ashx/?w=620&h=413&crop=1&hash=E7F62D61716F93AE1B19E58FB7073315790FFC9B


KUALA LUMPUR: AmInvestment Research is maintaining its positive view on the ringgit due to six factors which include the stronger economic growth, healthy inflow of foreign funds into the equities market and easing inflation pressure.

It said on Tuesday its positive outlook was firstly, the better-than-expected 1Q and 2Q GDP growth of 5.5% and 5.8%.

The higher GDP growth has prompted it to revise upwards its full year 2017 GDP to between 5.7% and 5.9% supported by strong exports and complement with domestic activities;

Secondly, it also noted the healthy inflow of funds into the equity market with net inflow year-to-date around RM10.7bil after registering net outflow for three consecutive years while foreign holdings in Malaysian Government Securities (MGS) at 40.32% which is equivalent to RM150.9bil.

Thirdly, it expects inflation pressure to ease in 2H2017 to average around 3.0%-3.3% from 4.1% in 1H2017 bringing the full year average to around 3.5%-3.7% as a result of lower cost push pressures with a more stable fuel price.

Fourthly, the research house envisages the current negative real returns could potentially fade away with the Overnight Policy Rate expected to stay unchanged at 3% as inflation pressure eases.

“Still we maintain a 45% chance for a rate hike by 25bps in 4Q2017 should demand pull inflation picks up strongly while supporting GDP,” it said.

Fifthly, the onshore sentiments on the ringgit has improved supported with strong external reserves which has surpassed the US$100bil mark, now is at US$100.5bil.

As for the sixth factor, it expects the continued weakening pressure on the US dollar index (DXY) index due to the ongoing sentiments in the US. We expect the DXY index to be around 90-91 in 2017.

The DXY is an index (or measure) of the value of the dollar relative to a basket of foreign currencies.

“From our estimates, it shows more room for the ringgit to strengthen. Our fair value for the ringgit is around 3.95 against the US$. However, our year-end target for ringgit is 4.12 while our full year average is 4.31.to 4.33,” it said.

Read more at http://www.thestar.com.my/business/business-news/2017/09/12/aminvestment-research-positive-on-ringgit/#EkGfT9D409C5XpSc.99
12/09/2017 10:59
apanama Just be careful for POST DIVIDEND...'Accounting treatment'..'Accounting Massaging'..:)..Take care and all the best...well done for those who brave enough to buy Maybank at RM 9.40++ and Maybank C-31..at RM 0.10...:)..
13/09/2017 20:13
masterus KUALA LUMPUR: The ringgit is expected to continue to strengthen against the US dollar, with an economist predicting it may even hit RM4 to a US dollar at the end of the year.
The optimism is based on the good growth in trade and the gross domestic product (GDP). The economy achieved a 5.8% growth in April-June.
The Malaysian Reserve quoted Sunway University Business School economics Professor Dr Yeah Kim Leng as saying: “The ringgit has been trading higher these days due to the above-expectations performance of Malaysia’s economy, including the growth in trade and GDP.
“Since we have already reached RM4.19 in early September, I would say that it is possible for the ringgit to reach around RM4.10 to RM4 in December.”
13/09/2017 23:42
masterus Brent upward to $55 and above.
14/09/2017 07:08
masterus China Prepares Sale of $2 Billion in U.S.-Dollar Bonds



The government is preparing to sell $2 billion in bonds this month, and investment banks are pitching for a role in the deal, according to bankers in Hong Kong.

While the planned sale isn't large and is mostly symbolic, it would be China's biggest-ever U.S.-dollar bond sale and its first since October 2004, when the country raised a total of about $1.7 billion from selling dollar- and euro-denominated bonds that matured in five and 10 years.

China's Ministry of Finance didn't immediately respond to requests for comment.

China has about $200 million in outstanding U.S.-dollar sovereign-debt issues that it is scheduled to pay off in 2027 and 2096, and those bonds yield about 3.3% and 4% respectively, according to research firm CreditSights. The country issued several global bonds in the 1990s, including a 100-year $100 million bond in 1996 with a 9% coupon.
14/09/2017 07:20
LogicTrading Switching my all portfolio to Petronm....................could get better return

Stock: [PETRONM]: PETRON MSIA REFINING& MKTG BHD
Aug 1, 2017 10:50 AM | Report Abuse

Petronm is poised to surge much stronger later with the cup handle formation and limited sellers.

But what I like most are :
1. Strong and consistent FCF
2. Debt running down fast
3. Business growing with good marketing strategy
4. Proven quality management (vs HY's yet to be tested)
5. Dividend payout (HY not paying)
6. Earnings consistently being strengthened
7. Backed by established industry leader in Philippines
8. Forward P/E of at least 10x
14/09/2017 14:24
apprentice Eh, why post under Maybank? Where the logic? Go post in Petronm.
14/09/2017 17:13
shortinvestor77 Agree, Ilogical.
14/09/2017 17:16
hstha Bitcoin exchange BTCChina to stop trading from 30 September
BTCChina says it would stop all trading from 30 September, setting off a further slide in the cryptocurrency value that left it over 30% away from the record highs it hit earlier
http://www.livemint.com/Industry/6ddQb8ZVHXbhmiPhQUlUcP/Bitcoin-exchange-BTCChina-to-stop-trading-from-30-September.html
14/09/2017 23:39
hstha Wall St drops as CPI data boosts Dec rate hike odds | http://www.klsescreener.com/v2/news/view/280981
15/09/2017 00:15
investmalysia does anyone know when is the ex date for div?
15/09/2017 11:39
masterus North Korea fires second ballistic missile over Japan
50 minutes ago

People in Seoul watch a news report about the missile launch (15 Sept 2017)Image copyrightAFP
North Korea has fired a ballistic missile across Japan, its second such provocative move in weeks.
South Korea's military said the missile reached an estimated altitude of about 770km (478 miles) and travelled 3,700km before landing in the sea off Hokkaido.
Japan's PM Shinzo Abe said his country would "never tolerate" North Korea's dangerous actions.
"If North Korea continues to walk down this path, it has no bright future," he said in a statement.
15/09/2017 11:52
tantan2017 why can't find any details regarding the upcoming dividend? like the ex date & the DRP offer price. Anyone know?
15/09/2017 19:24
goldentriangle North Korea fires another missile, less than 2 weeks after nuclear bomb test

http://www.businessinsider.my/north-korea-fires-missile-near-pyongyang-south-korea-japan-2017-9/?r=US&IR=T
15/09/2017 20:42
meistsk3134 guy. election really will coming this year. wait tonight or tmrw news. either announce 2018 budget or election. so how your guy opinion. bursa will red during early election or rise?
17/09/2017 12:23
goldentriangle Mat Taib rejoins Umno
http://www.thestar.com.my/news/nation/2017/09/17/mat-taib-rejoins-umno/
17/09/2017 19:00
goldentriangle KUALA LUMPUR: Ex-Selangor mentri besar and former vice-president of Umno Tan Sri Muhammad Muhammad Taib has applied to rejoin Umno.

Announcing this at a media conference at Umno headquarters on Sunday, Datuk Seri Najib said:

“He realised that the Opposition struggle namely PKR is in vain and is against with his soul and because of that God has opened his heart to return to Umno.”

Muhammad Taib, who was present at the media conference, left Umno in 2013 to join PAS, and he later left PAS to join PKR in 2015.
17/09/2017 19:02
meistsk3134 Haha stupid announcement. Damn
17/09/2017 19:04
masterus Brent stay at $55 level and above.
18/09/2017 10:03
masterus While there was relief the weekend passed with no new provocation by North Korea, Pyongyang's nuclear ambitions will be centre stage when US President Donald Trump addresses world leaders at the United Nations on Tuesday.

Some detail of Trump's tax plans may also emerge this week, while elections in Germany and New Zealand will add extra political uncertainty to the mix.
18/09/2017 10:08
isandy what causes the sudden increase
18/09/2017 15:21
smartly 23sen dividend ex 29/9
18/09/2017 18:49
wwwin 1155 MAYBANK MALAYAN BANKING BHD
Single-tier interim cash dividend RM0.23 (with Dividend Re-Investment Plan)

Entitlement Details:
Single-tier interim cash dividend in respect of the financial year ending31 December 2017 of RM0.23 per ordinary share of Maybank


Entitlement Type: Interim Dividend (with Dividend Re-Investment Plan)
Entitlement Date and Time: 03/10/2017 05:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2017
EX Date: 29/09/2017
To SCANS Date:
Payment Date: 01/11/2017
Interest Payment Period:
Rights Issue Price: 0.000
Trading of Rights Start On:
Trading of Rights End On:
Stock Par Value:

Share transfer book & register of members will be closed from 04/10/2017 to 04/10/2017 (both dates inclusive) for the purpose of determining the entitlements

A Depositor shall qualify for the entitlement in respect of:
- Securities transferred into the Depositor's Securities Account before 03/10/2017 04:00 PM in respect of ordinary transfers.
- Securities transferred into the Depositor's Securities Account before in respect of express transfers.
- Securities deposited into the Depositor's Securities Account before 29/09/2017 12:30 PM in respect of securities exempted from mandatory deposit.
- Securities not withdrawn from the Depositor's Securities Account as at .
- Securities bought on BMSB on a cum entitlement basis according to the Rules of the BMSB.

Registrar's Name and Contact:
Tricor Investor & Issuing House Services Sdn BhdUnit 32-01, Level 32, TowerA Vertical Business Suite, Avenue 3 Bangsar SouthNo. 8, Jalan Kerinchi59200Kuala LumpurTelephone number : 603 - 2783 9299Fax number: 603 - 2783 9222 Emailaddress: is.enquiry@my.tricorglobal.com


Remarks:
You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com
18/09/2017 18:49
18/09/2017 21:24
tecpower http://www.thestar.com.my/business/business-news/2017/09/18/bursa-malaysia-only-market-to-end-in-the-red/
18/09/2017 23:54
Seng Thye Ng steady counter.......rm10.00
20/09/2017 09:15
masterus BRUSSELS (Alliance News) - The US dollar weakened against other major currencies in the Asian session on Wednesday.

The US dollar fell to a 9-day low of 1.2019 against the euro, from yesterday's closing value of 1.1994.

Against the pound, the yen and the Swiss franc, the greenback dropped to 1.3531, 111.45 abd 0.9604 from yesterday's closing quotes of 1.3511, 111.59 and 0.9626, respectively.

If the greenback extends its downtrend, it is likely to find support around 1.21 against the euro, 1.36 against the pound, 109.00 against the yen and 0.94 against the franc.
20/09/2017 13:36
masterus Russian seaports
Published time: 19 Sep 2017 | 13:41 GMT
Novorossiysk commercial sea port © Vladimir Astapkovich
Sputnik /
Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website.

To protect the interests of stevedoring companies with foreign currency obligations, the government was instructed to set a transition period before switching to ruble settlements.

According to the head of Russian antitrust watchdog FAS Igor Artemyev, many services in Russian seaports are still priced in US dollars, even though such ports are state-owned.

The proposal to switch port tariffs to rubles was first proposed by the president a year and a half ago. The idea was not embraced by large transport companies, which would like to keep revenues in dollars and other foreign currencies because of fluctuations in the ruble.

Artemyev said the decision will force foreigners to buy Russian currency, which is good for the ruble.

In 2016, his agency filed several lawsuits against the largest Russian port group NMTP. According to FAS, the group of companies set tariffs for transshipment in dollars and raised tariffs from January 2015 "without objective grounds."

The watchdog ruled that NMTP abused its dominant position in the market and imposed a 9.74 billion rubles fine, or about $165 million at the current exchange rate. The decision was overturned by a court in Moscow in July this year.
20/09/2017 13:41
tecpower The market should rebound today as it was bearish for a few days. The Dow was up.
21/09/2017 08:39
hstha After the FOMC meeting USDMYR has risen. It should be good for export oriented stocks
21/09/2017 09:18
michael_jackson laughing all the way to bank....my dividend coming very soon.....thank you maybank....
21/09/2017 17:54
malaysiakuku tak rugi kalau simpan kat saham maybank.... kalau simpan kat bank, kadar faedah tersangat rendah.........paling bagus, saham maybank semakin naik.....dapat dividen lagi....hebat!!!
21/09/2017 23:31
hstha European shares steady before German vote as N.Korea tensions weigh | http://www.klsescreener.com/v2/news/view/284137
22/09/2017 20:31
hstha German economy to grow robustly | http://www.klsescreener.com/v2/news/view/284095
22/09/2017 20:34
masterus Brent climb to $56.86/barrel
23/09/2017 11:10
goracle Sifus, is it always better to push share price up before div ex. date? Or is it better to push share price down cause of DRP? I always thought better to suppress share price before DRP ex date so that able to get more shares due to lower DRP share price?
24/09/2017 15:24
tecpower MARKET BUZZ: Malaysia's Construction Stocks To Rise Pre-Election- Areca Capital
https://asia.nikkei.com/Markets/Nikkei-Markets/MARKET-BUZZ-Malaysia-s-Construction-Stocks-To-Rise-Pre-Election-Areca-Capital
24/09/2017 19:35


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