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Overview
Financial Highlight
HeadlinesBusiness Background Malayan Banking Bhd is a financial-services group with a mostly regional presence in the Association of Southeast Asian Nations. Maybank provides a comprehensive range of financial services under three key reporting segments, including community financial services, global banking, and insurance. The majority of its profit activities are in consumer, corporate, investment, transaction, retail, and business banking for mostly small and midsize enterprises. Much of Maybank’s business model is leveraged to distribute banking products to its key target market of Islamic clients.
  alfred Sadly, these workers do not qualify for the targeted moratorium and are likely to default on their loans unless the government has a change of heart and hears their plea for help.He also said the targeted moratorium by banks is not enough to help many of those who are suffering. The Ministry of Finance (MoF) and banks must stop giving the excuse that the current targeted moratorium, which comes with a slew of conditions, is adequate, claiming there isn’t any need to reinstate the blanket moratorium which expired at end-September, 17/10/2020 4:47 PM JK22 what will happen after the end of the further reinstate blanket loan moratorium . Problem will not solve. We need to create job and economy. Previous 6 months loan moratorium , when the saving went ? Boost online shopping and stock market. Nobody like to pay debt. It should not be a blanket but selective. Bank must help those in need ( similar like what Sosco /SIP did on wage subsidies , GKP for petty trader ) but not a blanket loan moratorium. BUT THE PROBLEM is bank only friend to those who has money . No money you are off their list 17/10/2020 5:36 PM stocktrade101 borrowers will still have to pay back their loans. there is no free lunch. 17/10/2020 7:25 PM PH_better MOH wants tighter conditional MCO as cases continue to rise https://www.malaysiakini.com/news/547081 18/10/2020 8:19 PM masterus Long bets on Taiwan dollar, South Korean won hit over 2½-year high Taiwan's dollar, Asia's best performer so far this year as demand for laptops and other gadgets among people working from home during the Covid-19 pandemic spurs the tech-heavy economy, saw bullish bets jump to their highest since January 2018. South Korea's won has been propped up by rising exports while the central bank has kept its policy rate at a historic low and reiterated an accommodative monetary stance. 20/10/2020 9:44 AM  Mabel No 2 is still good..let's see how it goes.. Maybank is still a good dividend counter Meow 21/10/2020 1:08 AM masterus CFETS RMB Index CFETS RMB Index mainly refers to CFETS (China Foreign Exchange Trade System) currency basket, including CNY versus FX currency pair listed on CFETS. The sample currency weights are calculated by international trade weight with adjustments of re-export trade factors. The sample currency value refers to the daily CNY Central Parity Rate and CNY reference rate. The baseline date is 31th Dec 2014. The baseline index value is 100 points. The index is calculated by the geometric mean method. 21/10/2020 7:37 AM masterus http://www.chinamoney.com.cn/english/svcnrl/20191231/1496897.html#:~:text=CFETS%20RMB%20Index,of%20re%2Dexport%20trade%20factors. 21/10/2020 7:38 AM  Alfonso US storm is simply too strong, no country in the world can withhold, even the great China. 21/10/2020 10:08 AM masterus October 21, 2020 11:26 am by Hudson Lockett in Hong Kong China’s renminbi has hit its strongest level in more than two years, fuelling expectations Beijing will move to arrest the appreciation in the currency prompted by the country's robust recovery from the coronavirus crisis. The renminbi gained as much as 0.5 per cent to Rmb6.64 against the dollar in trade within mainland China on Wednesday, marking its highest level in relation to the buck since July 2018. The onshore exchange rate has gained 4.7 per cent this year, while the less-regulated offshore renminbi rate is up 4.9 per cent. 22/10/2020 6:56 AM masterus China GDP: economy grew by 4.9 per cent in third quarter of 2020 China’s growth picks up from 3.2 per cent in the second quarter and a contraction of 6.8 per cent in the first quarter of 2020 Industrial production and retail sales grew by 6.9 per cent and 3.3 per cent respectively from a year earlier as investment turned positive for the first time this year Topic | China GDP Orange Wang Orange Wang Published: 10:00am, 19 Oct, 2020 Updated: 7:42pm, 19 Oct, 2020 22/10/2020 7:12 AM Keyman188 What happening today !!!...... Why Bluechip become RedChip....kekeke...... Why Bluechip become Blue-Shit......kekeke...... Time to wake up lorr.... No more traditional bluechip liao...... No matter local or foreign institutions....all swift their funds to more defensive stocks not affected by pandemic & political uncertainty... Wake up lorrr............ 22/10/2020 10:59 AM Keyman188 别人笑我太疯癫 我笑他人看不出穿 People laugh at me too crazy I laugh at others can’t see thoroughly kekeke...kekeke...kekeke... 22/10/2020 11:29 AM investortrader88 noticed my queue buy matched at RM 7.09.second batch top up.if drop will top up some more.good counter for div.will hold together with my glove counters supermx & top glove .good luck everyone . 22/10/2020 2:33 PM Morpheus61 RM 13 BILLION !!! The amount of money raised from issuing warrants. And that's only for roughly one and a half to 2 years(Most Recent). Amazing !!! https://imgur.com/4NvuO85 https://imgur.com/gXzGjDR https://imgur.com/rEjkKqU 22/10/2020 2:33 PM  apanama Dont buy maybank now. It will go down to RM 6.00. Or even worse to RM 4.40 23/10/2020 2:38 AM  NoNonsenseHere - For Top Glove's first best quarter, they did RM350 million. After that, Supermax announced their profit of RM400 million. RM 50 million more than TG. Now, Top Glove did RM1.3 billion which is more than 3 times their previous quarter. Next week, Supermax to announce the RM1 billion in profits. Supermax's profits will just keep increasing. The amount of US dollars and Canadian dollars they are earning is over the top. I know Maybank's last quarter was their weakest but they will stay weak for quarters to come. Banks cannot lend, houses cannot be built, hotels cannot be opened and airlines cannot fly. While Supermax's profits will just keep multiplying because glove supply will not meet demand in next three years. https://www.theedgemarkets.com/article/glove-supply-will-not-meet-demand-next-three-years-says-hartalega-executive-chairman 23/10/2020 1:27 PM xxxx Don't believe charlatans who give you TP this and TP that. If they are that good, they wouldn't and shouldn't be here. BS. 24/10/2020 7:09 AM tollebunsmith tp 2.2... just join the fun.. u dont need anything more than just ur fingers.... and we become financial analyst instantly 24/10/2020 8:41 AM tollebunsmith IF these people are so smart... the would be billion airs right now? wonder why they have to beg us for money to buy their stupid position 24/10/2020 8:42 AM Jeffreyteck Europe banks may continue to stop paying dividend. Will local banks follow similar trend? Ambitious low TP, quite unlikely unless sudden change on significant issues or natural disasters. Q3 Q4 Q1 results are expected to be poor yoy. Trading range 6.00_7.00. Volume will increase when price begins to drop. 25/10/2020 8:30 AM NoNonsenseHere Vaccines not working, hotels bankrupt, airlines bankrupt, construction companies bankrupt, travel agencies selling fish now, universities begging for students, banks cannot lend. Meanwhile the only stocks thriving on Bursa are Gloves with BILLIONS of ringgit of profits because of great companies like Supermax and Top Glove. Phenomenal. 25/10/2020 2:15 PM tkl88 Superb Good News ! Emergency plan was rejected ! Like that tommorrow KLSE & Maybank will spike up like mad already liao lah ! The Straits Times https://www.straitstimes.com/asia/se-asia/live-coverage-malaysia-to-decide-on-emergency-measures Live: Muhyiddin's emergency plan rejected by Malaysia's King Malaysia's King has rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. Follow the latest updates here. 6.40pm Malaysia King says no need at this time to declare emergency Malaysia’s king, Sultan Abdullah Ahmad Shah, on Sunday rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. The palace said the Malaysian government has managed the pandemic well and is capable of continuing to manage the crisis under PM Muhyiddin Yassin, reported Reuters. The king also reminded politicians to stop all politicking that could affect the stability of the country. 25/10/2020 10:22 PM Keyman188 Whoever chase in market today sure axe your neck after 15 min... Today very high possibility heading Black Candlestick Pattern.... 26/10/2020 8:53 AM aliyusof Nothing unsual on what happened yesterday. Back to status like before, with current PM even stronger as King warned other MP not to destabilze his present government and asking budget to be approved in a indirect way and giving him credit to covid 19 fight. Back to lousy comatose cabinet to improve economy. Economy will be going down and down. 26/10/2020 9:08 AM Alfonso 1st to comment in late evening of 27th October 2020, hopefully there are someone to comment as a closing for this beautiful evening. 27/10/2020 4:37 PM Jeffreyteck BN’s Padang Besar MP Zahidi Zainul Abidin should reflect on himself before saying that the current political crisis is due to the people who wrongly voted for Pakatan Harapan in the 2018 general election, PKR’s Ledang MP Syed Ibrahim Syed Noh (above) said..... lol. Quality of leaders partially reflected on the currency strength? That answer the quality as more people tolerate or acceptable to possible corruption. Tiger trading range 6.50_7.50 amid ongoing political stability issues. 27/10/2020 5:28 PM NoNonsenseHere - Local analysts won't write anything yet. Whenever a company like Supermax overperform, companies like The Star won't report it straight away. Because they want to buy it themselves. When a company like Harta underperform, The Star will write big news about Harta because they want to sell Hartalega. https://www.thestar.com.my/business/business-news/2020/10/27/hartalega039s-strong-earnings-boost-klci You see when Harta results came out, The Star straight away reported good news about them even though Harta's profits are terrible. When Supermax spectacular results released, they keep quiet. Because they need time to pick up Supermax. 27/10/2020 6:35 PM xing expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps) in the upcoming Monetary Policy Committee (MPC) meeting scheduled on Nov 3. 28/10/2020 11:35 AM masterus The Monetary Authority of Singapore's Central Digital Currency project code-named "Ubin" has completed its final phase. Ubin is a collaborative project with industry to explore the use of Blockchain and Distributed Ledger Technology for the clearing and settlement of payments and securities, using a digital version of the Singapore dollar. The project concluded with the key finding that an international settlement network, modelled after this payment network prototype, could enable faster and cheaper transactions compared to conventional cross-border payment channels, proving commercial potential. 28/10/2020 3:44 PM masterus Also in the process of development, the People's Bank of China's e-yuan has already been used for more than 1.1 billion yuan worth of transactions as part of a series of ongoing pilot programmes. The Digital Currency Electronic Payment would allow consumers and businesses to pay for goods with e-wallets rather than traditional banknotes. 28/10/2020 3:45 PM masterus Most recently, the European Central Bank had announced that it will start experimenting with a digital version of the euro, while holding a public consultation with targets to decide whether to launch a digital euro project towards mid-2021. ECB President Christine Lagarde was quoted saying: "The euro belongs to Europeans and we are its guardians. We should be prepared to issue a digital euro, should the need arise." 28/10/2020 3:46 PM  | |
