@jojo69, I have been reading all the comment past 6 months from karadis & sujibaby whole night too, i learned from karadis's comments about the reasonable way to analysis. i want to thanks karadis & sujibaby for alarming what they saw on past few months and sharing their view.

i have learned from karadis how BI & warrant will going to benefits management and trap retail investors.
and as an investor we should keep monitoring closely did the managements really done what they said? or they just brush investor off like children? (share buy back)

i have learned from sujibaby that we also need to keep monitoring closely the company performance by segment,

i was lost 10% on powerroot when they come out with a very good QR after MCO 1.0 and the management telling all the shareholder that the company are benefited from pandemic by selling Instant Coffee to oversea and they are very optimistic on the incoming quarter.

end up those optimistic earnings is only sustain temporary for 1 QR, then the profitability and share price keep dropping like falling knife. even the core business is also shrinking , fortunately i do strictly executed my trading plan to cut loss in 10% and never average down or look back, (the share price is dropped from RM2.4 to RM1.3 afterward)
i noticed this company got little bit common in power root case(just little bit only). the sudden good QR attract many investors but the sudden profit is no sustainable.

if karim keep continue buy stock from market ,then karim + 2nd largest shareholder might reach the vote percentage for remove KPMG.
maybe this is why him is buying and seem so relax in last week zoom meeting.

how remain shareholder decide? comply or fight?
if they successful remove KPMG, KPMG will lost market reputation
if BOD accept the offer and sign the audit report when the big4 refuse to sign, how market will think about BOD?
now SC & bursa is involving and all eye on this case, what will they do?

this is really better then TVB drama

windy1974, that is many sign before this scandal happen, only hard working & smart investor will be able to found these sign before other does, this is good case study for how to protect your investments.
thanks!

ya, this tricor system really waste time, at least show the issue notice on the main page or send email to participants, so we no need keep waiting & refresh page for join AGM.
just called then only know got issue, no even saw 1 notice or email to inform us about this problem.

@Zackmeiser :if anyone can come out with fundamental ratios and earnings.

This is my valuation for maybank

2009 = i take the price & valuation on 16/3/2009, represent the worst valuation ratio of maybank can go within US Subprime mortgage crisis.

2018 = i take the price & valuation on 24/10/2018,represent the highest valuation ratio of maybank can go after US Subprime mortgage crisis.

2021 = the current valuation.


2009 2018 2021

NTA 4.44 6.76 7.51
DIV 0.2 0.55 0.52
price 3.6 10.8 8.55
P/B 0.81 1.60 1.14
D/Y 5.6% 5.1% 6.1%

Non-Performing Loans 3.60% 2.11% 2.02%
Net Interest Margin 2.50% 2.36% 2.15%
CET 1 8.13% 14.19% 14.73%
Loan Growth 16.40% 4.0% 4.0%
OPR Rate 2% 3.25% 1.75%


if you compare the History P/B 0.81~1.60, we are on 1.14 now, which is still below 50% of history P/B (the median P/B is 1.20）,the share price now is still consider safe.

although the Net interest margin is getting lower, but the CET 1 and Non-Performing Loans ratio is getting really good.

from the fundamental side, Maybank deserve little bit higher P/B just because better capital adequacy & dividend yield.(although the current mainstream valuation style is future earning)

And i expecting maybank can get higher P/B when finance news headline start showing "Economy reopen" > "Inflation" > "market expect centre bank move up interest rate"

1) when we all get vaccinated, banking stock outlook is become better when economy reopen

2) then the market is expecting big inflation will going to happen after we get vaccinated. inflation is good news for bank.

3) The US 10 year treasury yield is keep going up and now stand above 1.5%. （now US banking stock share price is already keep going up)

this 2,3 event will make market start to “expect" and guessing when the FED will going move up the interest rate, (when the FED move up rate , all the remain countries include malaysia will follow to move up interest rate),

move up interest rate = banking stock get better profit
move down interest rate = banking stock missing profit

market "expect" center bank move up interest rate = banking stock price goes up.

but i don't need FED really move up interest rate , i just need "market expectation" to push up the banking stock outlook for me.

even i miss all my anticipation , and this is just my imagination :D,
consider i entry the stock when P/B 1.14 & DY 6%，i have nothing to lose if nothing happen. （actually my average cost is around RM7.50)

sorry for my bad english, and this is my first time to invest banking stock, my plan might be totally wrong for how to invest in banking stock, please correct me if i am wrong.

stockraider,
when i investing in a company, i must find out the weakness of this company, the more you understand this company , the more hidden weakness in this company you will discover.

insas is typical value trap stock, that is many smart investor in our market, the true hidden gem will not stay undervalue for more then 5 years. that's a reason why some stock keep stay "undervalue" for long time.

please stop spamming your insas message to other stock page, today is sunday, go get some rest.

wooddragon - i agree with you,
this company keep buying loss making companies like SYF, OMESTI & DGSB,
dispose singapore car rental business and selling the profit making company inari share？
then raise up a right issue for pay debt even they have RM 400m~500m cash on hand?

the yearly revenue is around 211M , but the receivable is 64M.

maybe the 5 year average 8.8 p/e explained investor concern.

i3lurker,

Bro, what i mean is i pity for those "small retail investor" only, not the big fish.
they maybe just housewife without invest knowledge and no idea how deep in this water.

we all know how dangerous when you ask some one without stock market experience to play margin.

please do not make fun of the one who loss money today in this stock.

i believe recently many small retail investor use margin to buy this stock, they are suffering huge loss. (worst case is the loss amount is beyond their capability)

if you are new in stock market, please remember this stock and today case.

1) trust no one in stock market. especial the one who ask you buy.
2) you need learn risk management before involving margin trade.

popo92 , how do you know the result is not very good before QR out.

內容空洞，有講等於沒有講。