January electricity output increased by 4.3%. With hot weather in Febuary and March, results is expected to be in expansion yoy
http://www.theedgemarkets.com/article/malaysia-jan-2018-ipi-3-yoy-positive-growth-all-indices

@apprentice, my short term speculator sell timing is only applied to call warrants. I don't have mother but I think (3) announcement of election date also applied to mother as after government dissolve, there is period of uncertainty, foreign fund will exit.
As mother is good dividend stock, my long term view on Maybank is buy when KLCI below 1500 , sell when KLCI 1900 or above
@ironcrowz same reason explains why speculator need to sell when election announced. Mother will rise 1 day if BN wins, further rise will depends on (1) 2nd interest rate hike this year (2) MYR/USD and Oil price (3) Dow jones (4) Rationalisation of Maybank business by PNB..........
If Pakatan wins, short term volatile market may be seen
I don't want go further into politics here.....

My short term sell timing
(1) KLCI hit 1880 or above, or
(2) Maybank hit 10.70 or above, or
(3) Just before election announcement date or by 23-April (minor adjustment later), whichever is earlier
There is a need to monitor price action on 9-12th of March
Above is just my gut feeling, not much logic.....just to remind me to sell as always forgotten to sell when price is good. Any comment?

Anyone detected if funds are moving out from Annjoo, masteel & Ssteel and may be slowly collecting lionind? Why?

This morning price action reflect 0.21 dividend is within market expectation, not enough as a stimulus.
http://www.theedgemarkets.com/article/tenaga-buys-stake-renewable-energy-cos-774m-pounds

Congratulation to apprentice and others who hold C31 till maturity with 600% profit!
@apprentice, may I know how to calculate amount the banker pay you? Correct me if my calculation wrong as follows:
28/2-10.46
27/2-10.46
26/2-10.40
23/2-10.26
22/2-10.20
Average 5 days=10.356

C31=(10.356-9.5)/3=0.285
profit=0.285/0.04-100%=613%

Hi @ tcs888, since nobody comment, may I speculate (use your judgement) possible reasons
(1) CW drops as your suggestion of discount on near term dividend payout.
(2) CW drops can be also due to selling on good news/ into strength. In this case, it will rebound.
(3) Mother sustained because better future profit is bet by some funds while some funds sell into strength/sell on good news. In this case, price will be uptrend in near term
(4) Maybank and Tenaga are major representatives of Bursa Malaysia KLCI, sometimes they do national service. Mother sustained sometimes because Tenaga or others is not ready to support KLCI yet. when Tenaga or other up, then mother can rest...

Just to share from the chart, Mother was trading above mav50 for past 4 months. It need to return to 4 month uptrend channel which base is around 15.82, and top is around 16.55. After return to the base, speculatively it will meet Bollinger band top @15.88 (15.70+Dividend 0.21=15.91) . If it can stay @this level for 2 days, MACD will hook up and cross the signal line. Then 16.50 can be challenged in near term technically.

@linges, hit & run. Rating upgraded. Goreng on the way?
Any comment?
http://www.theedgemarkets.com/article/fitch-upgrades-tnb-sees-icpt-hurdle-ahead

Record dividend should be good to share price right? Anyone who knew accounting can help to analyse the full year results (13 months)?
http://www.theedgemarkets.com/article/tnb-declares-2141-sen-dividend

Tonight need to monitor Tenaga results. I bet C39 from 0.31 to 0.235....

@fattmoney Exactly, or else I wont be able to buy @.40 and below. However, I speculate that before dividend Mother may trade at @TP10.70 anytime soon. (10.70-0.32-9.25)/2.5=0.45 without premium. As I sold earlier @0.47 and buy back at 0.40, thus added margin of safety

Last buy back @ 0.38

Buy back more C34 @0.40.

Looking at the title, retailers may sell first once market open? Speculation again.
(http://www.theedgemarkets.com/article/maybank-4q-net-profit-rm213b-vs-rm236b-year-earlier
Maybank 4Q net profit at RM2.13b vs RM2.36b a year earlier)

Yes, good results. My speculation appears many errors. In the fourth quarter, net profit was RM2.13bil compared with the normalised net profit of RM1.74bil in 4QFY16 (after eliminating exceptional one-off proceeds from the sale of securities in 2016).
Read more at https://www.thestar.com.my/business/business-news/2018/02/28/maybank-reports-record-fy17-earnings-of-rm7pt52b-div-32-sen/

Buy back C34 @0.435 partially, bet on record dividend

Tuan Shahrizal, is this what you hint?
Q4 ROE =10.08-2.42-2.38-2.92=3.08
Q1 2.42% 16.73
Q2 2.38% 16.06
Q3 2.92% 19.86
Q4 3.08% 20.8-21.3
If 21sen, QoQ is +ve but YoY is -ve, it is a good results but not outstanding enough to break KLCI 1880!

Have to profit take 10% @0.47 to protect the capital

Yes. Just confirmed with investor relation, results will be out Wednesday midday. Speculating that it is a positive results, share price action may be today up, tomorrow profit taking, Wednesday-Friday up 3 days.. Target for KLCI 1880, all the best........

Additional information: C34 trading at a discount to mother because the market expect dividend will be announced later. Mother minor resistances @10.24, 10.28.
Price action of mother is above my expectation. MACD may hook up if able to close @10.24 or above. If MACD hook up, Mother may support KLCI in March.

@Christopher Toh, 'cheapest' Maybank call warrant is lowest premium C34, in money, reasonable maturity date, good ratio and good trading volume. Please notice that there are 2 call warrants, C31 and C32 going to mature in 5 working days starting tomorrow.
Lowest premium is because C34 already discount on maturity of 2 call warrants.
Disclamer: still owning C34

2.25 resistance was overcomed, next will be 2.45 resistance?

This settlement may have positive effect on Lionind Q4 results. Please correct if I am wrong.
https://klse.i3investor.com/blogs/nanyang_stock_expert/147432.jsp
https://klse.i3investor.com/servlets/ptres/43727.jsp

Old news: electricity output growth "remained unchanged" at 3.9%. Actually it is a drop from Nov 2017 as 2016 december base is lower. https://www.theedgemarkets.com/article/malaysia-dec-2017-ipi-manufacturing-electricity-output-growth

2016
JAN+7.7 FEB+10.5% MAR7.7% APR9.4% MAY+9.6% JUN+8.7% JUL+7.1% AUG+3.0% SEP+7.1% OCT+6.9% NOV+9.7% DEC+6.1%

2017
JAN+1.1 FEB+1.5% MAR-0.2% APR-1.5% MAY+2.5% JUN+2.1% JUL+7.9% AUG+3.0% SEP+2.2% OCT+4.6% NOV+3.9% DEC+3.9%

Tenaga need other stimulating news

@apprentice, SnP is depends on discipline and luck. I swap too fast to tenaga C39, ha ha. May I know based on your observation, is Maybank still in Wave 3?

Tenaga drop out from it's 3 month uptrend channel yesterday. However is yesterday price action a bullish Inverted Hammer candlestick testing sma 50 @15.50?
http://www.onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/InvertedHammer.html

Cannot tahan this afternoon re-entered 20% C34 @26.5. Waiting for tomorrow rebound

http://nexttrade.blogspot.my/2018/02/market-outlook-as-at-february-6-2018.html

@Sharon88, I believe bull run not over yet if DJ drop less than 10%. I just learn this a few days ago. https://en.wikipedia.org/wiki/Elliott_wave_principle. Maybank should be in Wave 4, Maybank Wave 5 should be in March. Stimulating package is out for 2nd liners and smallcap as follows although is not directly link to Maybank: http://www.theedgemarkets.com/article/najib-new-investors-msia-capital-markets-receive-6mth-waiver-trading-clearing-fees.
http://www.theedgemarkets.com/article/pm-najib-bursa-mid-small-cap-co-shares-stamp-duty-be-waived
Trade or invest at your own risk appetite.

So far TNB as a defensive stock performs better when crisis come....so far so good

@Sharon88, healthy correction as long as DJ drop less than 10% (about 8% now).

As Dow Jones corrected, can it climb back to uptrend channel today?

As Dow Jones corrected, wave 4 almost confirmed. Just wait for Wave 5, don't panic

Ha, @hit & run, we try to be Tukang Tilik with bullish bias. Technically neutral but looks perfect to go uptrend this week, may be tomorrow as these 2 days it tried to back to bottom of it's 3 month uptrend channel. First target is Bollinger band top at RM16 tomorrow. I don't think of early next week because any price up action will cause profit taking before holiday.

Heroes of this morning are F&N, Nestle, DLady, Heim.......

Thanks Maybank. Sold last batch C31@20.5 and swap to TNB C39

Today price action may tell us Maybank is still at Wave 3 or going to Wave 4 early.........

KLCI will drop initially , question is will Tenaga be hero today, being T+3 of CIMB and MiDF's hold call despite other IB's buy calls. Interesting to know............

Brave view to be shared. http://klse.i3investor.com/blogs/Tech_Watch/146210.jsp
http://www.enanyang.my/news/20180201/kwap农历新年和大选涨潮助攻-马股半年内冲上1950点/

Thanks for sharing. Brave view. KWAP CEO sharing same view with you. http://www.enanyang.my/news/20180201/kwap农历新年和大选涨潮助攻-马股半年内冲上1950点/

@hit & run, I was mistaken, bottom of uptrend channel is 15.80 not 15.72. Pivot point 15.73

Huge profit taking volume on mother, but still support to maintain pivot point price @10.10

@hit & run, In my opinion, TP for mother is 16.50 (current week)-16.90 (projected if full year results is good and extra divident) for February. Top of 3 month uptrend channel currently is about 16.50 if price can recover from 15.72 (lowest 15.54-a hammer?) today. If 16.50, C39=(1.01X16.50-14.60)/5=0.41, if 16.90, C39=(1.01X16.90-14.60)/5=0.49. What is your target price?

@linges, thanks. Over compliment, just learning to trade. However, FA is the most important, TA is timing only. There may be a last price surge for banks, hopefully before 6th February, or else banks need to settle down until end of February and let the QR judge them. Remember, C31 is due at the end of February

2nd liners seems attempt to recover and move up

Technically Tenaga is sitting on it's 3 month uptrend channel bottom support line @15.72

Hi, apprentice, price prediction is lucky only. I still have 20% of C34 and 10% of C31. Today is bottom fish day. (Can we speculate optimistic price action like this: Next Monday KLCI may challenge 1867, Tuesday profit taking, 2nd February challenge 1870, 5th February 1880--->CNY Ang Pau
26/01/2018 18:07)

Today speculation fail. Need to wait another month based on Kenaga, got caught! Hope 4 month QR is a magically U-turn. ( It is expected to release the 4-month period results by end-Feb after which it shall revert to new 12-month financial period for Jan-Dec 2018. http://klse.i3investor.com/blogs/kenangaresearch/145745.jsp)

Icapital on 26/1/18 issue a trading buy call for lionind, target 1.85