Highlights
KLSE : MAYBANK       MALAYAN BANKING BHD
Last Price Today's Change   Day's Range   Trading Volume
7.84   -0.01 (0.13%)  7.84 - 7.89  2,821,500
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Overview

Avg Volume (4 weeks):7,232,580
4 Weeks Range:7.63 - 8.01
52 Weeks Range:7.50 - 9.20
Average Price Target:8.34
Price Target Upside/Downside:+0.50
View Price Target Detail

Headlines

Latest Headlines
25/11/2016  油气贷款亏损拨备为隐忧.马银行3年前景看淡
25/11/2016  PublicInvest Research Headlines - 25 Nov 2016
25/11/2016  Malayan Banking - In line, with lower impairment
25/11/2016  Mplus Market Pulse - 25 Nov 2016
25/11/2016  Malayan Banking Berhad - Towards a Subdued 2016
17/11/2016  PublicInvest Research Headlines - 17 Nov 2016
08/11/2016  信贷成本有望回拨.资产素质转弱.马银行第三季盈利料改善
01/11/2016  Banking - BNM Stats (Sep 2016) – Still Weakening
01/11/2016  Banking - Sep Stats – Loan growth deceleration halted
26/10/2016  印尼业绩改善.马银行财测不变
25/10/2016  Malayan Banking - Maybank Indonesia: Improved Margins but Loans Weaker
06/10/2016  Banking - Same Old Same Old
04/10/2016  Banking - Aug Stats – Loan growth moderates further
04/10/2016  Banking - BNM Stats (Aug 2016) – Leading Indicators Shows Improvement
02/10/2016  马银行会跌破7.50令吉?
29/09/2016  [转贴] 大众银行超越马银行,马银行是否大势已去? - 第一天
15/09/2016  PublicInvest Research Headlines - 15 Sep 2016
06/09/2016  MQ Research: CIMB upgraded to Outperform, Public Bank remains top pick
06/09/2016  MAYBANK – Fundamental Analysis (5 Sep 2016) - L. C. Chong
05/09/2016  PublicInvest Research Headlines - 5 Sep 2016
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  11 people like this.
 
kianno if down some more, I want to cut loss
24/11/2016 13:42
CUTLOST Enjoy the ride..afternoon Uptrending
24/11/2016 14:29
kianno buy at 7.67 to average
24/11/2016 15:26
smalltimer KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a stronger set of earnings in the third quarter ended Sept 30, 2016 at RM1.79bil – an improvement from the preceding two quarters.
http://www.thestar.com.my/business/business-news/2016/11/24/maybank-posts-improved-q3-earnings-of-rm1pt79b/
24/11/2016 15:39
omnigunk EPS up, definitely share price will go up!
24/11/2016 16:18
gusheng all sifu here. with this result, will it fly back to 8.0?
24/11/2016 16:37
smartly patient.
24/11/2016 16:37
The One • Quite difficult bcoz of the weak market sentiments and depreciating Ringgit. Many companies may face problems in which financial institutions will be negatively affected. Next year may be worse due to increase in costs and weaker spendings. Just my 2 cents plus GST (by the way may also increase another 2% next year). Also watch out for FED interest hike.. hmm
24/11/2016 16:43
Daz Ng market ald price in the fed hike. 25 basis point is nothing la. Donld Trmp is going to print money like nobody business and weaken the dollar so that US goods can export. Bull run is coming and our market will follow once foreign fund profile adjustment/relocation is done.
24/11/2016 16:48
gusheng @the one sifu, which mean , good result also wont help much?
24/11/2016 16:56
Bennychua Currency is the killer now.
24/11/2016 17:31
The One • Also EPF and other big funds most prolly will sell when the price go up.. hmm
24/11/2016 18:34
lck1300 EPF no support what good news also no use~
24/11/2016 19:40
The One • Agreed.. also just sharing..

http://www.theedgemarkets.com/my/article/maybanks-3q-profit-falls-lowers-loan-growth-outlook
24/11/2016 20:24
Short Good showing.

The biggest hit on a bank the impairment loss is now contained and fully provided by Maybank.

All impairment from O&G would have been identified and provided for by this QR.

No more major impairments, results will be uptrend from now on.
24/11/2016 20:35
Short As the group has proactively restructured and rescheduled borrowers' facilities in 1HFY16, the group continues to monitor the impaired status of these loans with the intention of recognising some recoveries in 2HFY16," the bank said.

Not just contained and fully provided by Maybank, in fact, it has the ^^^ intention of recognising some recoveries in 2HFY16," the bank said.
25/11/2016 07:35
Short The key highlight for 3Q16 was the normalisation of the LLP from RM800mil to RM1bil (US$180mil to RM224mil) in 1Q-2Q16 to RM370mil (US$83mil) in 3Q16.


KUALA LUMPUR: CIMB Equities Research is retaining an Add for Malayan Banking Bhd (Maybank) based on an earnings recovery, regionalisation and expansion and tagged a target price of RM9.20.

The research house said on Friday that Maybank, Southeast Asia’s fourth largest bank by assets, would benefit from a recovery in earnings contribution from Indonesia and also the ongoing regionalisation of its operations. Another factor would be the regional expansion of its insurance and Islamic banking businesses.

“We view the drop in 3Q16 loan loss provision (LLP) positively and the management is guiding for a further reduction in LLP in 4Q16. The downside risks to our target price include a spike-up in credit costs and wider-than-expected margin erosion,” it said.

CIMB Research pointed out although the 9M16 net profit only accounted for 68% of its full-year forecast, it regards the results as in line on anticipation of stronger 4Q16 earnings from an expected one-off gain from the sale of shares in Visa Inc and lower provisioning.

“Based on the same reasoning, the results would have been above market expectations at 73.2% of consensus,” it said.

The key highlight for 3Q16 was the normalisation of the LLP from RM800mil to RM1bil (US$180mil to RM224mil) in 1Q-2Q16 to RM370mil (US$83mil) in 3Q16.

“We are also encouraged that the net interest margin only dipped by one basis point on-quarter to 2.22% in 3Q16 despite a rate cut in July 2016, thanks to the bank’s active asset-liability management to limit the margin compression. However, 3Q16 net profit fell 5.4% on-year due to stalled loan growth and lower foreign exchange income (from higher base last year).

CIMB Research pointed out that after a rise in the preceding three quarters, Maybank’s gross impaired loan (GIL) ratio fell from 2.34% in June 2016 to 2.22% in September 2016 while loan loss coverage strengthened from 70.5% to 74.8% over the same period.

“The positive take from the conference call was the management’s guidance for an even lower credit cost in 4Q16 (vs. 3Q16). On the flip side, we are negative on the management’s downward revision of its targets for FY16 – from 11%-12% to 10.5-11% for return on equity and from 8-9% to 2-3% for overall loan growth.

“We cut FY16-18F EPS forecasts by 2%-13% as (1) we lower projected FY17-18 loan growth from 9%-10% to about 3% on the assumption that FY17-18 loan growth would be close to the management’s target for 2016, and (2) raise the assumed share base from 9.8 billion shares to 10.2 billion shares for FY16-18F to factor in the new shares issued under the dividend reinvestment plan.

“As a result, our dividend discount model-based target price falls from RM10 to RM9.20 despite the roll-over of the TP to end-2017,” it said.
25/11/2016 08:58
Short The feared O&G drag down is over. The worst is over for Maybank.
25/11/2016 09:26
Warn3r I also hope MBB can reach > RM 9 in a year's time and EPF don't be the stir sht stick that it has been.
25/11/2016 09:30
voon1900 c24
25/11/2016 15:24
MuttonCurry Welcome to the land of the waterfalls ... The rainy season is well and truly upon us :( ... sigh
28/11/2016 09:26
Michael Wong Yew Kong This current economic, better stay away from KLSE, keep cash. Our gov is not for the people but to in rich they inner circle and crony.
Our duty is to work and pay tax.
28/11/2016 09:35
Michael Wong Yew Kong more waterfall for ringgit and stock market.........more worst than 1997 & 2008.....Considering selling all stock and prepare for the worse.
28/11/2016 09:43
beso mesti boleh turun lagi
28/11/2016 09:46
MuttonCurry Today all the major SEA currencies strengthen against USD .. except bolehland .. why ar ? USD start weaken but no impact on MYR ?
28/11/2016 10:38
Michael Wong Yew Kong brace yourself my follower Malaysian. I predict more worse to come. Keep more cash for now. Im thinking existing my MBB & CIMB, even defend stock like Malakoff also die. non stop drop.
28/11/2016 11:26
Forwardmind Mine sold all at 7.8 , will wait for Dec after US FED rate announment. As now I concentre on export counter..
28/11/2016 17:33
Michael Wong Yew Kong Nice. gap up.
29/11/2016 16:06
lck1300 Very good !! No more short ?
Let see tomorrow how ....
29/11/2016 21:45
gozie Michael WONG....you sounded like the prophet of doom
30/11/2016 02:45
lck1300 shit la 7.90 liao , why drop ....
big player dump again ~
30/11/2016 10:40
Michael Wong Yew Kong If KLSC drop below 1600pt,i can smell the doom day is near.
1987 - Black Monday
1997 - Asia financial crisis
2007 - Lehman brother bankruptcy
2017 - ????
30/11/2016 16:08
lazycat 2017 - uranus collapse into earth
30/11/2016 16:11
nono118 does not look good
30/11/2016 16:30
Forwardmind Is usual the price play around 7.50 to 7.80
30/11/2016 17:33
Forwardmind For Epf to sell and earn profit
30/11/2016 17:34
taktaumacammana maybe EPF/some fund manager locked in profit to clear position?
30/11/2016 18:19
goldentriangle Oil Prices Spike As OPEC Reaches Deal On Production Cut
http://oilprice.com/Energy/Oil-Prices/Oil-Prices-Spike-As-OPEC-Reaches-Deal-On-Production-Cut.html

Wow, like that by end of December should break past $60 a barrel,
hope to see next year oil price will above $70 or $80 !
It's good for our economy and stock market !
01/12/2016 07:00
Sales Keep our fingers and toes crossed.
01/12/2016 08:38
zerocool7199 Crude oil up usd 4.++ pernight.ringgit no appreciate at all and opening market seems drop again?something unusual+this 2week weird movement.feeling something bad going to happen..
01/12/2016 09:00
Michael Wong Yew Kong MBB & CIMB has same pattern, Yesterday RHB jump 25 cent.
01/12/2016 09:04
UncleSam Maybank's nationwide issue.
https://vulcanpost.com/595792/maybank-malaysia-black-friday-debit-problem/
01/12/2016 12:34
Junichiro If KLSC drop below 1600pt,i can smell the doom day is near.
1987 - Black Monday
1997 - Asia financial crisis
2007 - Lehman brother bankruptcy
2017 - ????

During the last 1997 Asian crisis, it is the US that pulled the SEA countries out of the mud. Even with no capital controls, the Won, Bath etc rallied after Fed started lowering its interest rates.

1997 - foreigners exiting SEA stock markets
2017 - ? I guess - foreigners exiting SEA bond markets. Who is the saviour this time?
01/12/2016 15:27
cmLai 2017 Asian crisis
2017 - Donald Trump
02/12/2016 07:29
mushimushi Klse will rocket monday and multiple orgasm.
http://www.thestar.com.my/news/nation/2016/12/03/bank-negara-takes-steps-to-increase-demand-for-ringgit/

No wonder ringgit kept diving all these years. All the cb exporters holding profits in foreign currency....self inflicted wounds

Chinese saying, people cannot die without hantu. Meaning institutions jahat within the country played a big role crashing currency and stock market.

Bank negara kita pandai. Bank negara boleh!!!
03/12/2016 09:32
mushimushi Ringgit will rocket and have multiple multiple orgasm. Kakaka
03/12/2016 09:35
limkokthye 2017- nothing happen
05/12/2016 20:55
cmLai Foreign investors continue selling RM-220.1m Today
05/12/2016 21:24
Mohd Zubir Impending US rates hike. Hopefully dust will settle after that...
05/12/2016 21:25
Forwardmind Tomolo will fly high...
05/12/2016 21:47


 

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