No major changes in tax.....no new prosperity tax......capital gain tax for unlisted shares from 2024 under study.....cheers......next week, banks shares probably trade up.

No major changes in tax.....no new prosperity tax......capital gain tax for unlisted shares from 2024 under study.....cheers......next week, banks shares probably trade up.

Aiyoyo....like that also can ah ??????

....but i am no trader, i hold high dividend stock for its yield....for long term fixed income...

@ATK, yes I noticed that too.....may be for DBS case, the good had already been priced in before the result....as the stock was at that time trading near its 52 week high.

Banks results should be good.....out after budget on monday is better....no need let ppl politicise by asking for moratorium n prosperity tax...........

@ATK......maybank results will be out today or monday......safe to bet on result boh? :p

Posted by AngTayKor > 52 minutes ago | Report Abuse
Is the stock market a bull market or bear market now???

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Posted by DestinyL > 27 minutes ago | Report Abuse
ATK, you can also see his posts in MyEG, suddenly short sell, suddenly strong buy. After strong buy them jialat. Maybe he has changed stance since

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Cakap tak serupa bikin........Sifu ATK, your Genting comrade ah ????

Ya loh.....should have listened to Sifu ATK....regret liao now :(

@choysun....hope you are correct....hope tomorrow got fly to the moon so that I can take quick profit.....popi.....popi....

Proven that Sifu ATK is the real sifu....

QoQ -231.79%
YoY -29.98%

Waloa eh, I also kena conned today :(

Wow.....tomorrow die liao

Just a small fly....... starting to take tuition lessons from Sifu Ang Tay Kor......

4.6+ is still good price la......was struggling to break 4.50 during the past 4 to 5 months....

Long time no visit.....and so much had happened.

Haha..... :p

Wow.....another BIG buy from ASB on 13-2-23......
ASB Boleh !
https://klse.i3investor.com/web/insider/detail/SBSH_557556_3445351644

The stock is trading at 1.1x FY23F P/BV vs. the 5-year historical average P/BV of 1.3x with an attractive dividend yield of 7.3%.
Source: AmInvest Research - 15 Feb 2023


7.3% yield for FY23F?
Is Am Research targeting a dividend of 63/64 sen for 2023?

While EPF has been BOLEH all this while....jia yu !!

Kali ini, ASB BOLEH ! .....bought kaw kaw on 8-2-23
https://klse.i3investor.com/web/insider/detail/SBSH_557319_406378204

Kenanga’s top stock picks are Malayan Banking Bhd (Maybank), with a target price (TP) of RM10.40, for its persistently high dividend cushion and leading market share, CIMB Group Holdings Bhd (TP: RM6.40) for its resilient non-interest income stream performance, and Alliance Bank Malaysia Bhd (TP: RM4.20) for its strength in the small and medium enterprise space.

https://www.theedgemarkets.com/node/653819

https://www.theedgemarkets.com/node/653819

https://www.theedgemarkets.com/node/653819

No wonder, last week dropped on Thursday & Friday.

https://www.theedgemarkets.com/node/653446

KUALA LUMPUR (Jan 30): Malayan Banking Bhd (Maybank) said its investment in Adani Enterprises’ secondary share offering were “client subscriptions” and, as such, there won’t be any financial impact to the banking group.

“We are aware of the media reports and we do not respond to speculation. However, we would like to clarify that there is no financial impact to Maybank as the subscription to Adani Enterprises were client subscriptions and fully funded by client funds,” it said in an emailed response to questions from The Edge,

“Due to client confidentiality, we are unable to provide details,” it added.

Maybank’s clarification came after various media reported last week that Maybank Securities was allocated a stake in Adani Enterprises’ US$2.5 billion (RM10.6 billion) secondary share offering.

https://www.thestar.com.my/business/business-news/2023/01/30/maybank-says-no-financial-impact-from-subscription-to-adani039s-share-offering

"We would like to clarify that there is no financial impact to Maybank as the subscription to Adani Enterprises were client subscriptions and fully-funded by client funds," Maybank told Reuters in an emailed statement.

...but I opted to take full DRIP to average down cost.....holding MBB is a long long term investment for its consistent dividend, not for short term capital appreciation....
....so, make sure this is the right stock for you before buying...

.....for high beta, go buy penny stocks or gloves.....stay away from this No.1 blue chips.

.....and I also have the option of taking 580 in cash to yield a return of 7.34% while my cost remained the same and a tiny % dilution vs the increased numbers of company shares.

I used to take full DRIP, to average down my cost (which is now at 7.896) and use the cash portion to calculate my dividend yield.

.....meaning, if say, the company declares 58 sen, comprising 50 sen cash and 8 sen DRIP ....then my net dividend will be 500 divide by 7896 = 6.33%....and my cost of shares is reduced by 8 sen to become 7.816 after dividend.....
....and if next year the company declares the same, then my net yield will be 6.39% due to lower cost of shares......

Yes, Pinky is correct on the tiny % of dilution and a good option/method of calculating dividend yield.

Haha non investor with 2 posts teaching smart investor what to invest....
...LOL !

Fatt fatt....
...no fatt fatt fatt
...nevertheless, it's still a good, prosperous numbers :)

Happy Prosperous New Year to all Maybank shareholders.

Cheers.........................

Haha......some people don't know that you can choose to take cash in full if you don't want the DRP shares.

.....and if your holding is high where the DRP shares is higher than one lot, you can sell after price gone ex and make about 3 to 4% that comes with the DRP discount.

@1invest1.......same same to you.

Happy Prosperous New Year to all.

https://www.malaymail.com/news/money/2022/12/31/maybank-confirms-claim-of-data-breach-at-bank-untrue/47845

KUALA LUMPUR, Dec 31 — Malayan Banking Bhd (Maybank) has confirmed that allegations regarding a purported customer data leak by a third party are false.

In a statement today, the bank reassured its customers that their data remains secure and private and that no customer data has been compromised.

“Maybank will continue to prioritise its cyber security and data protection measures as customer data protection is of utmost importance to the bank,” it said.

The statement said an investigation was conducted by the bank.

https://www.freemalaysiatoday.com/category/nation/2022/12/30/1-8mil-maybank-account-numbers-in-data-leak-are-fake-says-minister/

PETALING JAYA: The 1.8 million Maybank account numbers which were said to have been part of an alleged data breach are fake, according to the communications and digital minister.

Fahmi Fadzil was referring to claims of a data leak involving nearly 13 million Malaysians from databases belonging to Maybank, Astro and the Election Commission (EC).

The claim was made by Twitter user “Pendakwah Teknologi” yesterday.

“Initial investigations show that the Maybank account numbers are fake and do not exist, and no transactions can be done through them,” he said in a statement.

“The investigation also showed that the alleged data leak is in reference to an incident that took place in 2018.

Total return for 2022 - 11.8% (including dividend)

Yat Yat Fatt.

Hope more Fatt to come in 2023.

Happy Prosperous New Year to all.
Cheers.......

@jeffchan1901...nhbeen explanation is correct, dividend, as of now, is tax free.

Maybank is a low beta stock,a very suitable investment to park your retirement fund with an attractive yield of 6 to 7 %.

Many people I know do have (at least) some in their portfolio.

Wow....true blue MBB shareholder....another rich uncle or successful young man? :p
....you will definitely have a golden retirement .
Congratulation @sorrynaiklorry.

I started accumulating since March 21....the first dividend was at lower quantity than 2nd....and 2nd lower than 3rd....I last reached my current volume on September 22.
...these are switching from my fixed income fund ASM
...will continue to switch if/when price is attractive :)

@choysun....Rakuten says buy what stocks? :p

.....have pocketed 342k from 4 dividends since then.

I accumulated 550k shares since March 2021, average price 7.896 (after drp shares)
....is that a good investment decision ? :p

Merry Christmas & Happy Prosperous New Year to all Maybank shareholders....

A few IBs also have a target price of above 10.00

RHB-OSK 10.20
KENANGA 10.40
CGS-CIMB 10.30

Haha......10.00 target price may be can ....by 2H2023 :)

Not true.
I use a Samsung S20 and I use both CIMB Clicks & CIMB OCTO apps.

Merry Christmas & Happy Prosperous New Year to everyone.
Cheers.........

@1invest1....Merry Christmas to you.

5 more trading days to go.....YTD still red :(