Dunno what happen to this stock.. price keep on pressing down. I doubt is big fish as there is no change in shareholder announcement. Does it mean small share holders who dump the share?

Almost all banks except Maybank report improved quarter report. If opr rate is the culprit why other banks can cope with that?

Any sifu can advise?

Hi, Maybank such a big lender lends ~1.6B to Hyflux. Hyflux cannot pay back. Takkan Maybank so generous and let the money lost like that right? It is ridiculous to see that Maybank did not do anything? Any taiko can advise on the bank lending policy to company? Curios to know ler...

walao, what happend to MAGNI today??

private placement at RM 2.18 / share. Now already below RM 2.18. So strange.....

what happen to this counter lately? Keep dropping?

Not sure whether directors are stupid.

The market is punishing magni for not doing well on 2018. I believe those technical analysts are dumping the share for their so-called "technical" reasons, i.e.. break below SMA lines, Macd line etc..

There might be many reasons why the big directors are buying the share. But, considering their buying volume and effort in purchasing the shares almost every day when magni hits rm4 to rm5, they might know something that we never know. They are not independent directors, but the managing director and founder of magni. They know the inside out of magni. Remember, they are holding millions of magni shares and I am very sure they would not let magni fail. Plus, magni is a very good company and I do see any reason why we should dump this share.

Today KLCI up, MAGNI down again....... I really dunno why. This counter that bad meh??
Its drop is too steep.. I could not do anything at all.

However, I still keep.

To chesslim:
chesslim Magni price down but without volume, mean why, you know i know.

Can you advise on what you meant by your previous comment?

what happened to this counter lately? It has been sold down consistently these few days. USD dropping, I know. But other export counters like WELLCAL and many others stand still.. How come MAGNI drop like hell??

Maybank declares DRP again. Guys, is it worth to take it? The DRP last time at rm8.35 has taken the investor to hell!!

Any advise?

Yes, DRP = dividend reinvestment plans.

I am wondering why Maybank got so many impairment cmp to Public Bank. PBBank always show good result even in this economic situation. But what happen to Maybank? Revenue is increasing, but, thanks to impairment, profit reduces.. sigh...

Maybank simply borrow money is it??

Any ideas, tai koh tai jeh??

Now maybank got 10 bil share. Thanks to the DRP for keep on diluting our share!! If they declare DRP again this quarter, please take cash then.

Guys, I am pity on those who took DRP at RM 8.35 previously. Their dividents are all tied up in the stock.

Better take cash what. Otherwise, DRP will only dilute our share only. No point taking DRP!!

Pls correct me if I am wrong

thanks for comment. So, the bank could not get back its money borrowed? It seems weird rite if a big bank does not have any way to solve this bad debt?

in fact, if a company (e.g. swiber) winding-up, why bank has to declare impairment? In fact what is impairment? How bank deals with this situation of winding-up? It is quite ridiculous once winding-up, they no need to pay back rite? The bank is not stupid what...

can anyone pls clarify?

What is NPL?

May I know y maybank impairment loss is so high? Is it happen for other banks? Is it bcoz the credibility of most of d maybank big customer is not good? Tats y kena keluarkan more allowance for impairment loss?

Then those people taking DRP this round is really rigid lo??

The DRP is RM 8.35. So weird to see it drops below RM8.35 now ler..

Ya, maybank is a long term stock. Buy and keep.

The individual allowance is abt 500mil. Does it means maybank expects 500 mil is burnt in the worst case scenario??

Cypark involves in kepong WTE project bidding.
Wondering who will win the project.

Anyone knows when bidding result will out?

Anyone can advise what is "more allowance allocated for Individual Allowance (IA)' published in maybank quarter report?

This is the main reason y d profit turns down last quarter.