Price at current level, funds are sitting on profits.
Funds do not net buy without selling, if they do that then price will move up in a straight line and they will be buying very expensive.
Selling at these level will bring profits and at the same time bring down the price for a better/lower entry level later.
So, in short, they trade even if they are accumulating...
EPF now also do that intra day....

pang72 untung.
I rugi 1 sen liao :p

Big play on blue chips by BIG funds today.
Time will tell what all this play is about.

Happy weekend, big dividend coming.

speakup sold at 6.24 after recovering from a wash down to 6.02 one morning...
....now, another wash down, midday 6.35 is still higher than 6.24 haha...
....even with occasional wash down it still is getting higher :)

....the wash down is the play play by BIG funds :p

@pang72....I guess you made a good move.

@vinvin..... "typical start of bull run"
....that's my guess....my 2 sen only :p

Nibbled this one a few at 6.35 :)

@pang72....one of your previous darling....haha

Tomorrow some will trade sui sui .....while some will probably laosai....

This one QR sui sui but forum very quiet.
The one which QR dropped 71% QoQ, the forum very noisy....haha :p

@nhbeen, welcome..always good sharing by Tigers in this forum :)

Oops sorry, ex date is 13th, 14th is entitlement....see wrongly...haha.
Payment date 26th is correct

25.5 sen...
Huat ah......

Ex date 14th
Payment 26th March

Month end, portfolio realignment by big institution funds.

Big big volume of 11.2m done during pre close at 9.53 😏

Welcome....TLC

Wow...big volume 18m shares of 4.40 done at pre close.

Ex date will be 14 days from announcement....will probably receive payment by late March.

That was the "standard" statement.
Based on the last few, announcement on x n payment date will be made within these 1 to 2 days.....problaby by this evening 29th.

The Board of Directors has declared a single-tier second interim cash dividend in respect of the current financial year
ended 31 December 2023 of 31.0 sen per ordinary share, amounting to dividend payable of RM3,740,755,180 (based
on 12,066,952,192 ordinary shares issued as at 28 February 2024).
Pursuant to Section 8.26 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the single-tier
second interim cash dividend will be paid no later than three (3) months from the date of declaration.
The book closure date will be announced by the Bank at a later date.

Shareholders who hold a lot of shares will profit if there's DRP.....but it dilutes future EPS.
I still prefer all cash.

@newbie2019......announced already....all cash dividend of 31 sen

EPS 19.8

DPS 31

PETALING JAYA: Malaysia is in a sweet spot to enter a prolonged bull market, says prominent fund manager Tan Teng Boo.

According to the founder and owner of icapital.biz Bhd, the benchmark FBM KLCI could potentially rise to 2,500 – 3,000 points in the next three to five years, citing it is a “realistic target”.

Speaking at a media briefing on the market outlook yesterday, Tan said his optimism over Malaysian equities was premised on the country’s strengthening economic fundamentals and political stability.

“Now is the time to buy Malaysian stocks. We are looking at the beginning of a major bull market,” Tan said.

“Our market is cheap and our currency is cheap,” he added, noting that he expects a greater inflow of foreign funds to the Malaysian equity market in the coming days to further lift the FBM KLCI.

PETALING JAYA: Malaysia is in a sweet spot to enter a prolonged bull market, says prominent fund manager Tan Teng Boo.

According to the founder and owner of icapital.biz Bhd, the benchmark FBM KLCI could potentially rise to 2,500 – 3,000 points in the next three to five years, citing it is a “realistic target”.

Speaking at a media briefing on the market outlook yesterday, Tan said his optimism over Malaysian equities was premised on the country’s strengthening economic fundamentals and political stability.

“Now is the time to buy Malaysian stocks. We are looking at the beginning of a major bull market,” Tan said.

“Our market is cheap and our currency is cheap,” he added, noting that he expects a greater inflow of foreign funds to the Malaysian equity market in the coming days to further lift the FBM KLCI.

RHB analyst expects
.....NII likely to be stable QoQ... We expect 4Q23 NII to be relatively stable sequentially, with potential NIM pressure from higher funding cost cushioned by loan growth. 3Q23 loans grew 2% QoQ and 5% YoY, which was broad-based across both domestic and overseas markets, and Maybank had been optimistic that this trend can be sustained in 4Q23

.....… leaving non-II as the key driver of the operating income trend. We believe fee income could stay robust on healthy card- and loan-related fees. The overall non-II trend, however, would be driven by the non-fee component, ie treasury & markets, and, to a lesser extent, the performance of its insurance arm. The drop in Malaysian government bond yields QoQ could offer opportunities for it to realise profits and help lift overall non-II QoQ and YoY..

@newbie2019, welcome to Tiger Club :)
QR will be tomorrow 28th, lunch break, PC with analyst in the afternoon.

Yes, big local institution Funds, like EPF n ASB should buy more local shares.

https://theedgemalaysia.com/node/702577

Earlier BNM governor Datuk Abdul Rasheed Ghaffour said the ringgit is undervalued.

He said in a statement on Tuesday that the central bank has stepped up its engagements with government-linked investment companies, government-linked companies, corporations and investors to encourage continuous inflows to the foreign exchange market.

@calvintaneng, you knocked on the wrong door, this is a blue chip, not suitable for you.
Go back to your super penny stocks.
Remember your sailang ....(what name I don't remember) super penny stock in 2014?
What happened to the stock now?
Cannot find...haha...

Happy Weekend.
Hold Banks stocks can sleepy peacefully and stress free....no need to wonder why your stock suddenly dropped 2.41% when you expect it to fly......haha :)

All banks steady pun pi pi waiting for QR report.....so nice, unlike the one which kena dumped kaw kaw, dropped 2.41%, before QR is out :)

All banks steady pun pi pi waiting for QR report.....so nice, unlike the one which kena dumped kaw kaw before QR is out :)

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=144748&name=EA_GA_ATTACHMENTS

Smart rich investors who hold Banks shares are laughing all the way to the bank....
....hahahaha....

....sembilan setengah.....
....bila sepuluh ?

Wow....6.44....5 years high...
.....super steady pun pi pi :)

RHB targeted 31 sen dividend based on 78% payout....past few years payout had been above 80%, so there's a possibility of higher target of 31.....let's hope :)

Posted by linges > 3 hours ago | Report Abuse

Besides 7-8% dividend..this week achieved paper gain RM1/unit..yahoo !!

-------------------------------------------------------

Congratulations !!

Wow.....long time no hear....
...Happy Prosperous New Year to you @ linges

Wow....closed at 52wk high
....super steady pun pi pi :)

https://theedgemalaysia.com/node/701147

KUALA LUMPUR (Feb 16): The Malaysia banking sector is expected to remain positive as the price-to-earnings ratios (PER) are near pandemic lows, according to Maybank Investment Bank (Maybank IB)

In a note on Friday, the research house explained that banking stocks are currently valued at an average PER of 9.3x, close to the low levels of 8.3x seen during the pandemic in October 2020, which it believes is unjustified.

....steady.....pun pi pi :)

KUALA LUMPUR (Feb 13): Banking and financial services stocks were among the top gainers in early morning trade on Tuesday, with several stocks climbing to a new record high, marking a bullish start to the Lunar New Year of the Dragon.

The Bursa Malaysia Financial Services Index was up 175.65 points or 1.04%, reaching its nearly five-year high of 17,056 points — the last time it breached the 17,000 mark was in March 2019.

https://theedgemalaysia.com/node/700727

https://theedgemalaysia.com/node/700727

KUALA LUMPUR (Feb 13): Banking and financial services stocks were among the top gainers in early morning trade on Tuesday, with several stocks climbing to a new record high, marking a bullish start to the Lunar New Year of the Dragon.

The Bursa Malaysia Financial Services Index was up 175.65 points or 1.04%, reaching its nearly five-year high of 17,056 points — the last time it breached the 17,000 mark was in March 2019.

Wishing all A Happy Prosperous Blessed New Year.

Wishing all A Happy Prosperous Blessed New Year.

Wishing all A Happy Prosperous Blessed New Year.

Big CNY angpow :)

Above that, is bonus :)