sctanif these company cannot pay back the loan, wat happen to banks?
mushimushiThose are ranking by total assets. You can't compare to singapore inflated asset price lah, kecik-kecik punya island, property valuation over the roof. Singapore's economy soon to collapse. Maybank's asset values only so little compare's to singapore DBS? U belive Da' BS? lol. There's so many sohai in this country, like the EPF fund managers, keep selling cheap to kawan-kawan, draining people's epf savings. Also sohai like segitiga emas keep talking down maybank.
Also sohai, talking up public bank which assets only half of maybank's. Maybank price should 2x current price.
Amit Khindriya@ Mushimushi i am not sure how you measure the size of a bank if not be asset or market cap. even if you consider revenue or profit, Maybank is not the BIGGEST in ASEAN - so you fact is not correct.
While i have full confidence in corp Malaysia and Maybank in particular, I will not pass sweeping statement about something that I have not facts about.
Your statements about Singapore and DBS again shows that you do not speak with facts. "Singapore economy soon to collapse"
DBS reported net profit of $4.36B from total income of $11B vs Maybank's net profit of RM6.96B from total operating income of RM26.3B in 2016. Which is bigger? FYI now $1 = RM3
I am beginning to wonder who is the real Sohai here?
About Public Bank vs Maybank Public Bank's NIM = 54.5% , NPL <2% and Cost to Income is much better than Maybank. It's more efficient and has been consistent in past 50yrs --- this is what made it attractive to investors to chase the price up and keep it up!
Public Bank RoE of 15.8%, it implies that Public Bank generates around MYR15.80 on every MYR100 of shareholder capital invested in the bank. While Maybank’s RoE is at 9.8% only.
Go and understand these important facts and figures first before you blabber here and condemn people.
mushimushiAnother sohai, Google lah Asean largest bank. They are ranked by total assets. I was pointing out the inflated assets values of properties located in Singapore in particular. I am basically disputing the asset values holding by DBS, I even question DBS book keeping.
How many DBS branches available in Malaysia? All Singapore's bank assets mostly located in Singapore alone, they hardly ventures outside. On the other hand, Maybank footprint is all over the globe.
I guess you are one of the sohai keeping talking up public bank. Public bank's value is so inflated. Seriously who buy who die. I traveled many places, I can't find public bank overseas branches lor. Cannot find any!!! Or maybe they only have ONE branch per country, which located in jungle area..i don't know. Only org asli go open bank account with them. kaakakaka
mushimushifast fast enter before rise higher and no turning back RM 11 is 1st milestone, then RM 15
WCapitalLargest Southeast Asian banks by total assets Information from Forbes as of 2016
Rank Bank name Country Total assets (US$ 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.