yesterday foreign investors net sold off RM377 million shares, that's why KLSE dropped 12 points..

yesterday foreign investors net sold off RM377 million shares, that's why KLSE dropped 12 points..

basically you are right.. and in fact there is no right no wrong too... if you think this is the lowest and buy, then price may drop much lower... but if you think price can go lower and wait, but the price may go up and you miss the boat... this is why so many ikan bilis get caught... in share market, only the big players will manipulate the price... they are the one who decide the price up or down, ignoring the fundamental and technical... therefore many ikan bilis kena burn bcos we cant even know what is the price will go to... but for mid term or long term players, it wont consider much what is the lowest, cos you never know what is the lowest, so just buy and keep till the TP that you want to sell..

mobidick.. what is the best price do you think should enter?

Eddie, that's the reason why the whole world share market down today..

fundamentalist, for mid term, say less than 2 years, it is not so difficult for CIMB to go back to RM6.00.. that's why I think the price now is a good buy... of cos the price may still further drop due to other factors like US-China trade wall etc.. but once all these factors gone, the price will be up back,,, the fundamental for CIMB is still very strong..

fundamentalist, if for mid or long term, I will said any price below RM5.20 is a good buy.. CIMB support level is RM5.00 - RM5.05, now actually is testing the support level, if break will go till RM4.80.. around 25 cents from now..

Hong Leong from RM20.06 highest in May drop till 17.68... Maybank from RM9.10 till RM8.67, PBB from RM23.86 till RM21.76... and CIMB from RM5.45 till now RM5.06

now actually is to wait for QR result.. but due to BNM cut rates, therefore investors suspect the profit in banking line will drop, that's why all the banks share drop like shit..

Hong Leong from RM20.06 highest in May drop till 17.68... Maybank from RM9.10 till RM8.67, PBB from RM23.86 till RM21.76... and CIMB from RM5.45 till now RM5.06

now actually is to wait for QR result.. but due to BNM cut rates, therefore investors suspect the profit in banking line will drop, that's why all the banks share drop like shit..

Anything price less than RM5.20 is good buy for CIMB.. of cos you can wait till RM4.80 or RM5.00 if you want... if you can catch the boat..

armadasaxon.. it is ok the definition of collapse is different... hahahaha... peace..

if US cut rates 0.5%, the market will shoot up tomorrow.. if only 0.25, it is expected... if no cut rate, then market will drop further..

if only 0.25% then it is expected.. if no cut rate.. then the market will drop further.

if US cut rate 0.5%, the market will shoot up tomorrow..

armadas axon... belum collapse lagi... ini baru small drop.. just continue drop... for me collapse is the price drop 30% then only can consider..just like in april 2018 from highest 7.02 dropped till 4.98 in july... now the price almost there already.. therefore technically RM5.00 - RM5.05 should be a very strong support... kalau break then continue drop till RM4.80 for next support. waiting to see whether US will cut rates or not in next 2 days..

This is answer why the market dropped from highest 1896 on 26/4/2018 to 1642 today

22 April foreign investors withdraw RM45 million and index composite drop 5 points.. just imagine foreign investors withdraw RM12 billion since last year...

Patient_invest, I don't think PPB is over-rated, but I believe it is the max this share can go.. It license wont be withdraw just because he is Chinese.. Malaysia still not this kind of country which will seize all Chinese property and business.. both BN or PH government still need Chinese big businessman to help to boost Malaysia economy.. for PPB case, public will more concern post Tan sri Tay era, is it still can growth fast?

undi, what r u trying to say here?

Masterus, why u always put HK news in this forum, is it anything to do with Maybank share price?

lck1300, I do agreed with you that maybank is not so bad, and the yield is above 6%.. that's why I bought it..

so for equity, normally it is in short term and middle term, once the make money they will withdraw and search for new opportunities to invest.. and now these kind of fund targeted India.. therefore india received the most foreign fund in this year, and Malaysia is the worst cos the fund withdraw out from here.. that's why BSKL is dropping lower than 1700

Patient_invest, there are few different fund that we must understand.. first is investment fund, which is invest in share or bond market, this is what you says is equity... one is so called foreign direct fund, which is the fund pump for business, like those mnc pump in money to set up a company, like you said BHP set an office in mid valley, or nestle pump in more fund to expand their Milo plant in negeri Sembilan, this fund is long term fund, it wont withdraw so easily,, another fund is what is you said like china + Malaysia gov set up company to build infrastructure, normally is borrow money from banks and pump in the fund to build infrastructure...

nevertheless, I still think foreign investors will come back to push up the price, it is only waiting the right signal for them to come in, and that's why I still put hope in maybank to go back to RM10.00

sctan has his point there, and this is why Vietnam and Indonesia also catching up...

BSKL is the worst performer in market within the region and this is how the foreign investor react to the fundamental in malaysia

due to all these factors, it answered why India received so much fund but Malaysia continue outflow foreign fund...

the foreign funds is dependent on a few factors, among others (i) the attractiveness of the market (valuation-wise); (ii) the country’s weightage on the largely followed country indices (eg MSCI Malaysia and the KLCI) or regional indices (eg MSCI Emerging Market and MSCI Asia Pacific Ex-Japan), and (iii) mandates of the funds (eg score on corporate governance, fund themes, stock and country exposure).

Patient_invest, the point is big foreign investors see things not like how we see things.. maybe you are right to think that Malaysia has better future, but this is not what foreign investors thought...

lck1300, nestle and maybank are different game to play.. it is different industry, and different fundamental.. nestle is a big global company, maybank is not that level yet... maybe only on regional... nestle is consumer product, maybank it finance sector.. so cant compared... just like dutch lady... last time was only RM10.00, but now already RM60++...

so those blue chip like maybank, u have to be patient to wait... it wont drop too low, but will have to wait the signal for the foreign investors to back to Malaysia market to push it up..

without foreign investors fund, you cant push up the price.. only base on local GLCs investment arm like EPF and Khazanah, how much it can grow? just like maybank share now... u want to push the market till 1700, or maybank till RM10, you need foreign fund to come in.. but now Malaysia market dun have the ummphhh that will let foreign fund to spot in.. all the government figures like inflation rate, cant attract the fund to be in... because government debt is too high..

YTD foreign fund already withdraw RM4.3 billion, last year same period of time was RM7.3 billion.. this is mainly due to foreign investor don't really look good about Malaysia economic in future.. PH government so far din really have a clearer plan for pushing economic flow... therefore foreign fund more prefer market like India, Korea even Vietnam and Thailand whereby they can see bright future..

but I don't think maybank can up till like hong leong and public bank level.. max should b RM11.00

I optimistic that the price will back to RM10.00.. once foreign fund decided back to Malaysia bluechip like maybank should be their priority choice.. that's why I said you need to be patient if buying maybank for investment..

foreign fund started to withdraw from local market since 509 and that's also the price from peak RM11.00 drop till today level.. if needed the price up back to RM10.00 foreign fund play a very big role and need to increase from now 18% till 20% - 25%...

maybank share price at this moment cant really move high it is due to 62% of it holding by local GLCs.. these GLCs buy and sell to each other, just like government left hand sell to government right hand.. it wont really push up the price... the price only can push up once the foreign fund come in back to local market..

I wonder those people bought at RM3.50 don't know they are still holding the shares till now? if yes, the share is as good as free.. the dividend from 2008 till 2019 already more than RM3.50.. now it is like you never put any money in maybank, but every year maybank still give you around RM550 a year..

fundamentally, maybank is stronger than CIMB, but in term of price appreciation I think CIMB has better opportunity.. Maybank already RM8.73. I believe it can go up till RM10.00.. CIMB now is RM5.14, but I think can go back to RM8.00, if their 2023 plans is really works..

2hunt, RHB is another bank you can look into it.. but I will choose CIMB..

unless Donald trumph send army attacked Iran... if not I don't think maybank share will drop lower than RM8.00

yes, basically maybank now is much stronger and stabile compared with 10 years ago.. thanks to bank Negara as well to ensure Malaysia finance sectors strengthen the banking policies...

HSC2014, ten years ago in march 2009 Maybank did drop till RM3.50, but that time is the whole world economic recessions, and if not mistaken there was something big issue happened start from year 2008.. so it is global issue, not particular maybank issue.. therefore I think base on current scenario Maybank wont drop so low.. if really break RM8.68, next should be around RM8.50.. that's also don't know it will really can drop too far.. unless it is adjusted after dividend ex-date.

I do agree with some of wkl318 points. one thing must be very sure in a share player mind set is what price you want to go in, and what level you want to go out, either losing money or earning money.. for a short tem player like those want o earn few cents then out, u must need to study what is the level you want to go in.. like now is RM8.73, u want to go in now? or u want to wait till one year lowest, RM8.68 to go in? or u want to really wait till RM8.50 to go in? u buy now, u get RM8.73, tomorrow maybe up to RM8.77, then u sell and make some money.. if drop to RM8.68, then no choice u need to keep, and hold, but u must have a target price to withdraw also, say RM8.65 u will cut lost.. there are many ikan bilis players play in this way... end up they lost a lot of money.. cos u will never know when is the good time to buy and sell.. and this is I think what is emotion of fear as what wkl318 said...for a middle term and long term player, they wont think to much.. for maybank this kind of stocks and fundamental strong, support by big government investment arm, RM8.73 is a good buy,, so they will buy and keep.. drop to RM8.50 also they will keep, cos they will expect in middle or long term this share will up back to RM10.00.. during holding time they will earn the dividend.. but the point here is you must have the holding power and willingly to hold for at least 2- 3 years..

the major share holders in maybank are EPF (12.5%), Amanahraya (34.6%), Permodalan National (7.6%), Yayasan Pelaburan bumipuetra, under PNB (7.6%)... all these government link companies already hold total 62% of maybank share.. therefore maybank will support by these companies and will not allowed it drop till too low... I only can not find out how much foreign fund in hold maybank share..

actually not only Maybank is dropping, CIMB, RHB, Public and Hong Leong.. all these banks share price also dropping now ...

the issue in finance sector now is there is no good news to push the price up, and due to bank Negara cut rate 0.25%, this will reflected in this quarter profit, therefore the market expected the next QR wont be a good result... that's why the price is dropping...

if the price continue around the current price till dividend payout in mid September, say RM0.25, it will really go back to RM8.50