MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

9.80

Today's Change

-0.04 (0.41%)

Day's Change

9.76 - 9.87

Trading Volume

7,482,500


38 people like this.

22,702 comment(s). Last comment by jeffchan1901 32 minutes ago

Posted by Steven Chan > 3 weeks ago | Report Abuse

When the whole world is tumbling down who wants to buy stocks?

jeffchan1901

1,329 posts

Posted by jeffchan1901 > 3 weeks ago | Report Abuse

@linges, it's 9.56... going to test the 9.55 barrier soon!

jeffchan1901

1,329 posts

Posted by jeffchan1901 > 3 weeks ago | Report Abuse

the people who will buy stocks are those who keep commenting here I guess

jeffchan1901

1,329 posts

Posted by jeffchan1901 > 3 weeks ago | Report Abuse

Looking at the sell down from 10.30am and the huge volume, this is real sell off and not a fake bear. l would hasten to add, that if anyone wants to buy more then park lower price as it will continue to fall. US market will open ard 3pm-4pm, that will be another round of sell off by foreign funds. IMO dont make the mistake of being greedy and catch the falling knife. Be patient Tiger brothers.

linges

2,689 posts

Posted by linges > 3 weeks ago | Report Abuse

@jeffchan1901…Yesterday US market was mixed with more reds. Today pre-market very small greens.

Yes, Tiger sell-off not obvious yet, compared to sotong and tenaga, which starter yesterday and continuing today.

I prefer to see how strong is RM9.50 support.

Posted by SeekUndervalued > 3 weeks ago | Report Abuse

Break RM 9.55 support. Next support RM 9.50.

Posted by Steven Chan > 3 weeks ago | Report Abuse

Dipping to end the cycle. Better wait for start of new cycle

Posted by SeekUndervalued > 3 weeks ago | Report Abuse

Wow. Fund came in to buy at 2:44pm?

linges

2,689 posts

Posted by linges > 3 weeks ago | Report Abuse

How far local institutions could absorb? Very interesting, lets wait for closing today.
If green local fund menang, if red foreign fund menang.

jeffchan1901

1,329 posts

Posted by jeffchan1901 > 2 weeks ago | Report Abuse

Looks like no chicken dinner tonight. The defense was strong. Anyway am parking at 9.50 anyway for a month.

newbie2019

1,698 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

local fund no problem buy all foreign holdings of maybank i think

newbie2019

1,698 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

tutup pintu…. main sendiri

Posted by LadyRepins > 2 weeks ago | Report Abuse

Hard luck everyone! Tiger survives 9.50 support for today. It's a pretty deep trough to next level, I spy and parking some ammo for 9.10/9.20 and even lower to 8.90 if the sellers are determined.

Tiger is in many local institution wallet, they will sapu more than sellers can dish out...

linges

2,689 posts

Posted by linges > 2 weeks ago | Report Abuse

Ha ha..Tiger come back so fast…

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

What is "tutup pintu.... main sendiri" ?
....main dengan bf atau gf lebih syiok kan?

linges

2,689 posts

Posted by linges > 2 weeks ago | Report Abuse

why Bursa companies need 2-months to announce financial statement, while most of other countries need only less than a month?
Anyone know the reason.

ccpool

321 posts

Posted by ccpool > 2 weeks ago | Report Abuse

10.32

jeffchan1901

1,329 posts

Posted by jeffchan1901 > 2 weeks ago | Report Abuse

@linges cause Malaysia Boleh

Pinky

3,227 posts

Posted by Pinky > 2 weeks ago | Report Abuse

Because Malaysia have CNY on February.

Accountants and auditors only want to start OT-ing closing accounts and start audit after enjoy CNY.

#BudayaKita

newbie2019

1,698 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

lol stkoay…. shiok kan?

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

haha......main dengan bf atau gf, tentu lebih syiok daripada main sendiri....lol :p

Posted by prudentinvestor > 2 weeks ago | Report Abuse

The risk of war between Iran and Israel has never been this high before. Dow Futures are down about 450 points and Nikkei 225 is down over 1,300 points. South Korea and Taiwan are down over 3%. I suppose many investors are now seeking refuge in Maybank.

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

Yes, yes, high dividend stock is the best place to be during turbulent time while waiting for the dust to settle......

derricksyl

505 posts

Posted by derricksyl > 2 weeks ago | Report Abuse

dun miss the boat .....

Cslee1215

428 posts

Posted by Cslee1215 > 2 weeks ago | Report Abuse

18 sellers @9.74 😂

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

Malaysian heavyweight esp banks trade very calm.....

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

Maybank encountered some pressure/selling this morning when news broke out, now it has stabilized....but no reason for buyers to bid higher, i guess

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

If stay at around 9.70/71 for rest of day, then it should be considered good.

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

Q to buy 9.66 in the afternoon but canceled during pre close....missed the boat at 9.65 alamak!

skybursa

1,469 posts

Posted by skybursa > 2 weeks ago | Report Abuse

ALREADY dump all at 9.70. I bet all my chips in RHB. Maybank no longer looks attractive.

skybursa

1,469 posts

Posted by skybursa > 2 weeks ago | Report Abuse

Today volume looks so fake. Seems like big boys using maybank to support the index

linges

2,689 posts

Posted by linges > 2 weeks ago | Report Abuse

Thanks for replies to my question..yeah we take 2-months..because we can, ha ha..

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

Yes RHB "looks" very attractive....but it has look so for the past 1 to 2 years ....and it remains looking so.....haha
I am also quite tempted by its looks.....but till now it's not moving yet :p

Posted by Steven Chan > 2 weeks ago | Report Abuse

@skybursa I though every one waiting for 10.00.why dumped all now?

Posted by prudentinvestor > 2 weeks ago | Report Abuse

I also sold some of my Maybank holdings. At this time of uncertainty in the Middle East, a bird in hand is worth several in the bush. Also, high interest rates in the US may stay much longer than expected.

speakup

25,186 posts

Posted by speakup > 2 weeks ago | Report Abuse

smart guy!

Mytime

98 posts

Posted by Mytime > 2 weeks ago | Report Abuse

What lack behind might become active someday. We just need to be patience. I might move my funds back to maybank again if the price looks cheap

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Below RM9.20 looks attractive, below RM9.00 no need to hesitate.

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

After ex date, it traded in a narrow range of 9.52 to 9.75.
At 9.70 on Friday, it was near recent high, so am not surprised many took profits....esp during current weak market.
I am looking to slowly add starting around 9.50 level..
....short term might have pain, but confident long term gain :)

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

At 9.70, plus recent dividend it's above 10 ringgit.
I am also tempted to take profits....
....but for retirement fund, if you sell then where do you park?
....and for retirement fund, current price does not matter, what matters is the dividend yield and the forward fundamental of the company.....so no sell....will bargain at lower price :)

jeffchan1901

1,329 posts

Posted by jeffchan1901 > 2 weeks ago | Report Abuse

@stkoay Yeh same here. Not gonna sell even if hit rm10. As long as DY is above 6% - 6.5% I will continue to add till my threshold meets the income tax threshold for tax free income. Meanwhile my orders parked till Mid May at 9.50

linges

2,689 posts

Posted by linges > 2 weeks ago | Report Abuse

Selling Maybank? no no yet..

Top up more Maybank? yes, waiting for next price weakness..

Always proud to be Maybank HODL :)

Posted by prudentinvestor > 2 weeks ago | Report Abuse

@speakup, I have become slightly smarter after learning the hard ways over the years but the smartest person here is undoubtedly stkoay. 🤣🤣

Pinky

3,227 posts

Posted by Pinky > 2 weeks ago | Report Abuse

If u have better opportunities elsewhere - sell, if you wish

Sell to park in cash? Do it only if you think WW3 will break out tomorrow

Just my 1 sen.

OnionK1ng

85 posts

Posted by OnionK1ng > 2 weeks ago | Report Abuse

why park in cash? if ww3 broke out, cash = paper, stock market come crashing down, no matter what stocks

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

I am still learning from prudentinvestor :)

LossAversion

1,686 posts

Posted by LossAversion > 2 weeks ago | Report Abuse

Dont listen to predictions of WWIII. If they are so good in predictions, they would have made tons of $$$$ by now, and having no worries of what tomorrow will be.

ahbah

6,065 posts

Posted by ahbah > 2 weeks ago | Report Abuse

Just buy some gold as insurance against political uncertainties, please. Thanks. 😁😁😁

speakup

25,186 posts

Posted by speakup > 2 weeks ago | Report Abuse

PH pushing up CI for foreigners to sell cos Anwar want to bluff the world how great our Bursa is. LOL!
https://www.thestar.com.my/business/business-news/2024/04/22/foreign-outflow-on-bursa-malay

stkoay

5,902 posts

Posted by stkoay > 2 weeks ago | Report Abuse

11 sen to 52 week high...
....Harimau Kuat !!

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