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2023-05-10 16:17 | Report Abuse
In 2020, I bought CIMB, no Maybank....
In 2021 I reduced CIMB, accummulate Maybank.
Now, I hold a lot of Maybank while keeping some CIMB as souvenirs :)
2023-05-10 15:27 | Report Abuse
Yes, I came across one many many years ago in one of the super penny stock....MP Corp if am not mistaken..... (recommended by calvintaneng) ....this "shooter" can write long long very detail story to promote the stock.
The stock dropped to below 10 sen and got delisted already.
calvintaneng lost his underwear in this stock....haha.
2023-05-10 15:16 | Report Abuse
@linges, yes agree. I normally would wait for good entry point to do DIY DRP :)
2023-05-10 12:07 | Report Abuse
When EPF pays you dividend, do you take it out?
The money stays in their portfolio.
ASB pays dividend in units which is reinvested automatically.
.....some investors might withdraw these units, but looking at their fund size each year, most of these units stay.....
2023-05-10 11:48 | Report Abuse
Yes agree, there's less upside potential compared to higher beta stock....it's for putting big amount for steady return with lower risk....esp Maybank where it's the biggest holding of ASM and ASB.
2023-05-09 23:15 | Report Abuse
Yes choysun has a diversified portfolio which includes many banks.....he is more heavy in Genting, he said.
2023-05-09 22:28 | Report Abuse
Lately, he must be feeling very stressful seeing Maybank investors getting richer....haha...LOL
2023-05-09 22:23 | Report Abuse
@prudentinvestor, I doubt that "someone" even have any Genting, he is just a non investor spending his free time trolling in forum, trying to irritate rich investors....haha.
2023-05-08 19:29 | Report Abuse
Wow, very good homework done.
....this is what I call smart investor :)
2023-05-08 14:49 | Report Abuse
@prudentinvestor, if they use the 2.2B to do DIY DRP.....how much Maybank shares can they buy?? :p
2023-05-08 12:05 | Report Abuse
ASB has pocketed 1.14b CASH DIVIDEND recently......
2023-05-08 12:00 | Report Abuse
May be should also ask PNB to increase domestic investment :)
2023-05-08 11:56 | Report Abuse
https://www.theedgemarkets.com/node/665915
PM wants EPF to raise domestic investment level to 70% this year, from 64% in 2022
2023-05-07 19:34 | Report Abuse
Now, when people talk about coming recession, you BUY.
2023-05-07 19:33 | Report Abuse
Warren Buffett on Saturday boiled down value investing, the strategy that has helped him amass his wealth, in one sentence.
2023-05-07 19:32 | Report Abuse
“What gives you opportunities is other people doing dumb things,”
2023-05-05 22:49 | Report Abuse
Google figure shows DBS is trading at 10 times PE...so, it's quite attractive.
It's dividend yield of 4.8% is lower than MBB though.
I only invest in Malaysian Stocks so no need to factor in currency fluctuation....easier to manage.
2023-05-05 22:07 | Report Abuse
https://klse.i3investor.com/web/pricetarget/research/67156
On Bank Islam, we have lowered our FV to RM2.30/share from RM2.80/share after factoring in higher credit cost assumptions of 35bps/30bps for FY23F/24F from 20bps previously.
Source: AmInvest Research - 5 May 2023
2023-05-05 18:13 | Report Abuse
This year dividend also came in earlier than last year.
2023-05-05 18:12 | Report Abuse
Door gift in today......so many shareholders attended....this company is now very efficient.
2023-05-05 18:03 | Report Abuse
Looking at DBS 1Q report, this one probably also benefit from high interest rate in Singapore.
2023-05-05 16:54 | Report Abuse
....slow like a tortoise...haha
....but steady.
....at 4 week high.
.....1Q will be out on 24th May, if it's good..then will probably break 9
2023-05-05 16:52 | Report Abuse
Wow....up 10, long time no see such BIG up..
....congrats to those who bought recently....
2023-05-05 12:59 | Report Abuse
Posted by speakup > 16 hours ago | Report Abuse
Everybody knows. It's no secret
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Some "little non investor" who only knows gaming stock, refused to know.....haha
2023-05-05 12:57 | Report Abuse
@prudentinvestor, wise recommendation.
2023-05-05 12:53 | Report Abuse
Posted by kyliew > 2022-09-23 12:05 | Report Abuse
Malaysia: Beyond Repair Or Salvation – OpEd
https://www.eurasiareview.com/12112021-malaysia-beyond-repair-or-salvation-oped/
2023-05-05 12:51 | Report Abuse
Posted by kyliew > 2022-09-22 09:29 | Report Abuse
2023 will be challenging for all countries, says Tengku Zafrul
https://www.freemalaysiatoday.com/category/nation/2022/09/21/2023-will-be-challenging-for-all-countries-says-tengku-zafrul/
FedEx CEO says he expects the economy to enter a 'worldwide recession'
https://www.youtube.com/watch?v=d8ykfpGooc4
Citi CEO Says US Will Have Difficulty Avoiding Recession
https://www.youtube.com/watch?v=cSUFXni1K8U
Elon Musk Says a US Recession Is More Likely Than Not
https://www.youtube.com/watch?v=gk-e6ybJ76I
2023-05-05 12:50 | Report Abuse
Posted by kyliew > 2022-09-30 23:52 | Report Abuse
The Great Financial Crisis 2.0 Has Started
173,719 views Sep 30, 2022
ClearValue Tax
1.53M subscribers
https://www.youtube.com/watch?v=1cPD_eU5GCo&t=29s
2023-05-05 12:49 | Report Abuse
Posted by kyliew > 2022-10-13 23:52 | Report Abuse
Be prepared for long stock market downturn, say expertshttps://www.freemalaysiatoday.com/category/highlight/2022/06/22/be-prepared-for-long-stock-market-downturn-say-experts/
2023-05-03 17:01 | Report Abuse
Source: AmInvest Research - 3 May 2023
2023-05-03 17:01 | Report Abuse
Source: AmInvest Research - 3 May 2023
2023-05-03 17:01 | Report Abuse
April foreign selling slowed down. Amid tapering concerns of another global financial crisis triggered by sharp US Federal Reserve interest rate hikes, net foreign outflows dropped 81% MoM from RM1.3bil in March to RM251mil in April, which was largely offset by local institutions’ net buying of RM213mil (Exhibit 6-8). Most of the April foreign net selling pressure was in banks with the rest in technology, healthcare and REITS, involving CIMB Bank, RHB Bank, Public Bank, Tenaga, Top Glove and Inari Amertron.
However, foreigners were net buyers in Maybank, Hibiscus Petroleum, Malaysia Airports and Genting Malaysia (Exhibits 2-3).
2023-05-03 17:01 | Report Abuse
https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2023-05-03-story-h-271599215-Strategy_Milder_foreign_selling_pressure_in_April
April foreign selling slowed down. Amid tapering concerns of another global financial crisis triggered by sharp US Federal Reserve interest rate hikes, net foreign outflows dropped 81% MoM from RM1.3bil in March to RM251mil in April, which was largely offset by local institutions’ net buying of RM213mil (Exhibit 6-8). Most of the April foreign net selling pressure was in banks with the rest in technology, healthcare and REITS, involving CIMB Bank, RHB Bank, Public Bank, Tenaga, Top Glove and Inari Amertron.
However, foreigners were net buyers in Maybank, Hibiscus Petroleum, Malaysia Airports and Genting Malaysia (Exhibits 2-3).
2023-05-03 16:54 | Report Abuse
@prudentinvestor, Yes....Cheers....
Now, KLCI is at 14++............ when markets and economies stabilized, and KLCI trades at fair value of 16++ ..............Maybank at above 10 is quite achievable.....
2023-05-03 16:22 | Report Abuse
....and with the surprise OPR increase, ROE could be on the high side of target.....
....which is about 10% higher than last year....and if payout percentage ratio is maintained, then we can hope for a dividend of 62/64 sen....
2023-05-03 16:19 | Report Abuse
During AGM this morning, management also maintained....FY23 targets: i) ROE of 10.5-11%, ii) NIM compression of 5-8bps.....
....this is positive bcos CIMB has said NIM compression is higher than expected during the sell side briefying few days ago
2023-09-26 13:00 | Report Abuse
@prudentinvestor....I didn't say your prediction was wrong....what i was trying to imply was that with management highlighting what would have been....we can predict more accurately....
.....cheers :)
2023-05-03 15:04 | Report Abuse
PETALING JAYA: Bank Negara Malaysia has resumed monetary tightening after raising the overnight policy rate (OPR) by 25 basis points (bps) to 3% following its Monetary Policy Committee (MPC) meeting today.
The ceiling and floor rates of the corridor of the OPR are correspondingly increased to 3.25% and 2.75%, respectively, BNM said in a statement today.
1 day ago | Report Abuse
Posted by prudentinvestor > 1 day ago | Report Abuse
Without prosperity tax and a projected 4% growth in Malaysia's economy this year, Maybank's full year earnings should improve to at least 70 sen a share.
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Management highlighted in their AGM today that Net profit for FY2022 would have increased 12.9% instead of 1.7% YOY if there was no cukai makmur last year......do homework for this year projection :)
2023-05-02 13:41 | Report Abuse
I heard one uncle said one of the reason he chose PBB over MBB is because of poor customer service at MBB........
.....BUT survey results differ from his opinion.......
2023-05-02 17:24 | Report Abuse
https://www.freemalaysiatoday.com/category/business/2023/05/02/maybank-uob-and-stanchart-crowned-top-3-banks-in-malaysia/
PETALING JAYA: Forbes has partnered with market research firm Statista to collect customer feedback in order to uncover the world’s best banks in 2023.
According to the survey, Malayan Banking Bhd (Maybank) claimed the top spot for the best bank in Malaysia, followed by United Overseas Bank (UOB) and Standard Chartered in third place. Singaporean OCBC and New York-based Citibank claimed fourth and fifth place respectively.
Statista surveyed more than 48,000 customers in 14 languages and 32 countries for their opinions on their current and former banking relationships.
Banks were rated on customers’ general satisfaction (30% of the final score) and whether they would recommend the bank (30%).
The final 40% came from customer ratings in five key areas: trust, terms and conditions, digital services, customer services and financial advice.
2023-05-26 13:42 | Report Abuse
Public Mutual all funds totalled about 94b
.....Maybank, Islamic Wealth Management alone is 65b....and growing at 20 to 30% since launch in mid 2021....
2023-05-02 11:40 | Report Abuse
https://www.theedgemarkets.com/node/665245
KUALA LUMPUR (May 2): Maybank Islamic Bhd, which managed assets under management (AUM) of about RM65.2 billion for 60,000 clients under its Islamic Wealth Management (IWM) division as at February this year, aims to expand the client base to 100,000 in two years.
He said since its launch in June 2021, the IWM service had seen an encouraging growth of about 20% to 30% in AUM year-on-year, which typically includes deposits, investments and takaful.
Stock: [CIMB]: CIMB GROUP HOLDINGS BERHAD
2023-05-10 16:21 | Report Abuse
CIMB now has very high foreign holding, while Maybank got much lower...
so, when market in uptrend, CIMB will go up more.....
....during downtrend, Maybank will be more stable due to lower foreign holding and support from ASB.....and also EPF.