Just done meeting. For shareholders that demand increase salary for its workers, etc. let the management does it works. If salary of all the workers increase substantially (over the market many folds), it will eat into their profit margin. That time you will complain why maybank earns so less, why EPS so low, dividend so less, etc. On one hand, you want their workers to have high salary, and on the other hand, you want maybank to earn lots of money so you can have lots of dividend. It is hard to achieve it…

If keep on dropping, operator also need to cut loss?

@tksw, your slogan of “Up hill no leg, down hill no break” really is funny🤣

@Cslee1215, Hahaha, give tiger plush toy as well.

@Cslee1215, Yes, I have read about it.

Up or down, let’s guess 😆

@Cslee1215, for the meeting, there is no need to apply via online, right? I just need to show up on 25th Thursday at MITEC. Am I right?

@tksw, the operator still seems like got little money left 😆

@Littleprince, it takes time to build. And if the pricing is right, why not purchase a ready commercial bank? It saves time, and you can also calculate your budget. Just like why you buy a ready made house by developer instead of building your own house.

@tksw, you looking to buy back at what price point? 0.42? 0.40?

Operator can’t makan anymore for now. 0.43 and 0.435 still got a lot of lots to be cleared.

Is Perodua going to launch new model this month?

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

Break RM 9.55 support. Next support RM 9.50.

Still got Dnex, right?

Nowadays IPO you know I know. Just look at our recent LD companies, it consists of what kind of stock?

@Mini Bull, thanks for your info.

Very strong foundation at the 4.29 and 4.30. Very stable.

@Mini Bull, if break 0.36, where is the next support? 0.32?

@Mini Bull 0.36 can support? If can’t support, really really waterfall to the bottom? Hahaha

@Mini Bull, break 0.39, waterfall coming soon. Prepare to see how low it goes?

@Mini Bull, 0.39 support quite strong I feel. If lose 0.39 support then prepare to see how low it goes.

@Contrarian, ahh yes. Missed out that one. Most bank will pay dividend twice a year. I bought after the ex date. So I thought they did not pay dividend. My bad.

Why all you guys fighting? I am curious actually. Ooihk and Sardin means no harm in this forum. They are just sharing their view. If those that think the share price is cheap now, can purchase via open market, until you feel it’s too expensive. No need to provoke here and there. And for those that feel the share price is expensive, can observe for the time being. I am also looking for point of entry as well.

@Mini Bull, I think so as well. I am aiming for 0.35.

If Scicom and Nvidia team up, Limit up? Hahaha.

@Hush77, so fast takeover offer "akan datang"? I still haven't eat enough the dividend... Unless the takeover offer is very attractive. What is your forecast for the "takeover offer"? RM 5.50?

@Mini Bull, if break 0.39 support, how low will it go? What is your expected figure?

@Contrarian, In 2023, they did not give any dividend. I sold most of its shares because they did not give any dividend. If they give some dividend yield of around 4 to 5%, I would have still keep all of their shares.

@Amazonboy, of course can go up. You know the title “King of the Road in Malaysia” belongs to which brand or not. Hahaha. Awaiting for the next dividend from MBMR.

Hmmm, I will avoid this counter then. The volume is too less as well as the dividend.

RM 0.40 collected.

Contrarian, what is your TP for Sg Bagan? I am still evaluating the risk-reward for Sg Bagan.

How high will SBagan goes up? RM 23 not possible… Or RM 4.24 is the limit for this share?

Today closing of SBagan is RM 4.24. Still far apart from the RM 10. See how SBagan performs tomorrow.

The new CEO has a bachelor of arts in engineering and a masters in engineering from the University of Cambridge, UK so I presume he should be okay. Engineering and automotive should be related directly or indirectly with each other.

Dropping because of new CEO?

Hopefully the dividend of RHB can maintain (RM 0.40) then it is worth to collect.

SCICOM engine is starting?

We shall see how long the share price will stay below RM 1.10.

Another steel company to be listed...

"The company subsequently decided to stop all shipments both in and outside Japan, though they have resumed in Indonesia and Malaysia after the countries' government regulators approved continued sales" by Kyodo News. Perodua production will continue as expected. Those that sell cheap that day really feel regretted I assume.

Hush77 Good decision to accumulate. I would also accumulate as well if I have the fund.

What comes to consumers mind when purchasing Perodua is affordable, and also the fuel consumption. I don't think Perodua will close shop due to this news affecting Daihatsu. Same goes for Toyota/Daihatsu. Toyota is the largest market cap in Japan, if they close shop, the whole of Japan will be affected. Not only Toyota is the largest market cap in Japan, they are also the largest car manufacturer in the world. The effects on Daihatsu/Japan will be temporarily as they are resolving this issue right now. Even there is halt of production in Perodua, the demand will outstrip the supply in short/medium term. When that happens, I think everyone will know what will happen as in economic principles. In my personal view, MBMR fundamental is still intact as they are also selling other brands as well such as Volvo, VW, and others. Not only that, they are in other businesses as well such as manufacturing of wheels, etc. I believe it is a bad idea to rush to sell its shares now due to this news. I think MBMR is still undervalued at this moment, and I won't hesitate to collect more when I have available fund.

MBMR fundamentally is still intact. They have plenty of cash flow and are earning money. The Daihatsu effect is temporary as most car manufacturers have scandals. If you don’t believe me, you can google it. In my opinion, consumers don’t have many choices for cars under RM 50k. What you pay is what you get. You can’t expect a Axia to perform like a Volvo in term of safety rating, etc as it is technically not possible. Hence, I believe MBMR will bounce back up due to its attractive dividend and also the possibility of take over.