mushimushifast fast enter before rise higher and no turning back RM 11 is 1st milestone, then RM 15
WCapitalLargest Southeast Asian banks by total assets Information from Forbes as of 2016
Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 322.8 2 OCBC Bank Singapore 275.1 3 United Overseas Bank Singapore 222.8 4 Maybank Malaysia 165.0 5 CIMB Malaysia 107.7 6 Public Bank Berhad Malaysia 95.4
DBS has branches and offices in China, Dubai, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Myanmar, Philippines, Taiwan, Thailand, Vietnam, United Kingdom and United States. It also owned Temasek Holdings (Private) 11.46% shares.
kudamudaso hard to break 9.00.... must be some big institution auto trade 9.00 as selling... hmmm...
BezaMBB is up mainly due to foreign buyers, increased to 17% plus from 15% plus. Foreign interest on Maybank has gained traction since early January, with foreign shareholding rising from 15.65% to 17.37% as of 17 March, the highest level in 9 months
Tch84Many people don't know about warrant. Maybank c24 is -2.56% premium mean that the selling price is far below the actual price. Meaning said is cheap sale.
kudamuda@Tch84, but this is European style cash settled call warrant, you can't exercise anytime.
Looking at the current px, cash settle value should be ( 9.00 - 8.00 ) / 2.5 = 40 sen.
But, let's consider the scenario below :
Let say Maybank declare 30 sen div before the ex-date of this call warrant.. Theoretically, assuming everything being equal, Maybank mother share will drop 30sen after ex-div. So, 9.00 become 8.70..
Cash settle price become ( 8.70 - 8.00 / 2.5 ) = 28 sen.
I guess this explain what @apprentice mentioned. Unless the market maker make adjustment to the ex-price of 8.00 for this call warrant in tandem with the dividend.. which most likely won't, the cash settle price would become much less, and the negative premium would be wiped out.
This could explain why nobody buy even it is "cheap sale" ? The only hope is mother share keep going up ... haha
Anyone have better insights? Not sure if above calculation is correct?
kudamuda@Beza, thanks for the insights on the foreign shareholding %.
Tch84This is a warrant calculator https://www.malaysiawarrants.com.my/tools?sp=dwcalculator&ric=MBBM_tw.KL
apprenticeCall warrant issuers will never adjust the exercise price. The higher the dividend, the lower the value of the CW. MBB has declared 32 sen dividend, pending approval during AGM in 2 weeks. So deduct 32 sen dividend, deduct 8.00 ex price, divide by 2.5, c24 is overpriced.
kudamudaThanks @apprenntice. That's what I thought.. unless share split, big special div... Unlikely the issuerer will adjust the exercise price. But, I did notice one of the GenM (or Genting .. can't recall ) call warrant adjust the ex price recently. Erhmm.. with this explanation.. tomorrow will see some big selling on C24 perhaps.. hehe
Liek LimHi, anybody can explain why PNB + Amanahraya acquired around 26m Maybank shares on 21-March but the trading volume of on that day was recorded lesser than that (around 20m shares) ?
apprenticekudamuda, I don't see reason for big selling of C24 as there is still about 3 months to go for C24, and MBB can still go up prior to xdate dividend. Yes, if there is any exercise on the mother, like bonus then the ex price will be adjusted.
apprenticeLike Lim, its date of change and not date acquired.
mushimushiMaybank up because maybank is so so so undervalue u people have no idea. Maybank is the largest bank in Asean. Believe me or not singapore total assets value is above both east/west malaysia combined. You can imagine how inflated singapore assets values are. A tiny island worth 10k times its true value.
WCapitalWhat i like about maybank is dividend, and what i like about PBBANK is the share price solid like Rock, you can see dividend/revenue and all the parameter keep increasing from time to time. Maybank main problem is the DRP dilute the EPS and Dividend. But it still a good stock to collect dividend.
shortinvestor77Due to DRP, MBB does not need to issue right issues at all but PBB had done it before.
apprenticeI have subscribed for the DRP from the very beginning and have no complains. I think its 13 now. Secretly I hope the price of MBB does not increase too much as it will reduce the number of shares allotted under DRP. But since we have no control over its rise, I chose to buy call warrants and profit from it. MBB and DRP are for long term investors. My DY is about 14% as I bought it cheap back in 2009.
goomaniSaham Fundamental + Technical Score http://www.isaham.my/rank/overall
leslieroycarteru can buy banking stocks after the crash....like the 10th years once . 68/78/88/98/2008/2018? 2017/2018 anytime may see the big tsunami coming ....so advised to reduce stock holding starting fr now....
shortinvestor77Those time no QEs (Printing money and use future money). Only after 2008, US started an extremely dirty game QE to rescue their economics. Other countries follow. Imagine the whole market is flooding with cash. This cash could make a down market up anytime. You sell, they buy like this month foreign buyers. So leslieroycarter pls sell all your shares and leave us alone.
mikeeone have to imagined that this USD$50 billion or at least initial $10 billion from all e-trades permits approvals generate from DFTZ/Alibaba when start in 2018 or early 2019 is COMPULSORY/MUST pass tru DNEX (4456) e-services software platform tat currently been authorized by Gov to integrates with most gov agencies to get each items/goods pass on from shippers to consumers. Just 1 segment from IT can rake up 1000% folds profits, haven't count others segments like O&G, Hydro Energy, Foreign Workers Permit, VEP and RFID profits.
go and read mind boggling good revelation about DNEX (4456) from Cruz...... https://klse.i3investor.com/blogs/kianweiaritcles/119083.jsp
Government Intermediaries. The country’s external trade has been expanding continuously over the last three decades. As such, the demand on government services also increases annually. To cope with business demands and constraints on government capacity expansion, the government outsources some of its functions, by privatising specific government functions, setting up or appointing a private and commercial entity to run the outsourced function. These entities are monopolistic outsourced service providers.
In the case of Customs, the online customs clearance activities have been outsourced to a company Dagang Net Sdn. Bhd. which is an e-commerce service provider. Dagang Net has performed over 275 million electronic transactions and RM1.8 billion worth of Customs duty payments and serves more than 5000 customers.
The customers base will definitely expand tremendously as the just newly launched DFTZ and Alibaba gigantic USD$50 billion digital economy trades will definitely benefits 100% DNEX (4456).