my remisier mentioned that at the moment bank stocks are the flavor of the day

@prudentinvestor Bloomberg forecast dividend of 8% and 9% for next year so yeah, its good

@sharefisher its okay, I am only one of the many who own the shares, i dont own the whole company. any who, my average cost for MBB and PBB is considered quite low. it can drop ex date and i can still sleep soundly. our MY banks are quite resilient. unless there is fraud or scandal, it is highly unlikely the bank will collapse. if the MY banking collapse especially the countries top 2 banks (by cap size) we all go holland also as EPF also got stake in them too

@wynwyn I agree with you, anyway we shouldn't throw mud at any counter or anyone. especially more so if we own them.. unless its Serbadak or Sumatec. #justsaying :-)

please

grow up

silly ass-hat supersingh, just bcos they kicked your ass in MBB for trolling is not my fault

for dividend, we need to x 5 to compare pre C19, so possibly 7 sens or 35 sens

@Sharefisher agree that finally PBB moving. I think everyone is bullish on high expectations on border reopening in March

just invest and dont be busy bee ya

@supersinginvestor what talking you? hantu your head. I also own PBB

as usual no one bother to read above posts. below was posted on 27 Dec 2021:


r8: https://www.bursamalaysia.com/market_information/announcements/company...

Finally close case. Bye

27/12/2021 6:17 PM

@MamakKutty: good, sentence all these fellas and throw away the key for deceiving the investing public. GG Serbak

https://www.klsescreener.com/v2/news/view/941633

actually, price fall so what? not like we are speculating or day trading this counter. of course would be nice to see it reach 8.50. as long as it doesn't change the fact that we will still be expecting 8.1% dividend this year, I don't mind

agreed with ya both

...slowly...slowly...catch the monkey...

@Maverickeking Did you really check the recent dividends? I owned both PBB and MBB, unfortunately PBB very prudent (read: selfish) with dividend - 2020 (0.13) and 2021-1st (0.075). Very far compared to MBB - average 0.50+. Luckily my portfolio is only limited to MBB:PBB 3:1. Still keeping PBB because my entry cost is very low @3.80 - post bonus issue. Otherwise I consolidate to MBB already. If 2021 is based on 2020 dividend for PBB, I only get 3.42% compared to MBB which I expect to get 8.1%

@stkoay thanks sifu. good to know. looking forward to DRP and hopefully top up ex-date with available funds. this will really be my retirement fund.

luckily I heed your advice and top up a huge chunk at 7.99 to lower down my average in Nov 2021.

only downside I foresee is that if the TP is a reality in the near future, this means that DRP offered will also be priced higher as well. so smart money says to grab and accumulate on the next dip when you can.

Ah no wonder, the article came up around noon. that could have been the push needed. Thanks for the info guys. think it will hit 8.50? Sifu stkoay, what is the price based on 7.9%? sorry as I dont have access to Bloomberg

wonder why the price suddenly rise so fast this morning, any ideas? someone forecast could hit 8.50. Might soon be a reality

https://www.bursamalaysia.com/market_information/announcements/company...

Finally agree to wind up. hopefully fast and don't have to stare at this counter for long in my portfolio. lesson learned. moving on. this is the last time invest in bumi companies. lousy business management, no sense of accountability

@sifu tollebunsmith right on... just follow the money

price go down, DRP shares cheaper. price go up, more dividend and comfortable margin ex date for me. win win situation.. relax

biasa la....

a long time ago, I foresee many will have suspended SD stocks in their portfolio like Sumatec. Nobody listen. now every day you open your app to trade you will see but cant touch the stocks. 4 years since Sumatec. how long SD? anyone want to guess?

@stkoay looks likely so.. that is one possible reason for the big boys driving the price upwards

@stkoay @choysun yes, looking at the daily raise in price,, perhaps a juicy dividend in the horizon?

@choysun yes, if they maintain means no more ambiguity nor a possible reduction. of course if they raise would be better for Tenaga. but maintaining is anytime better than a reduction as it will affect profitability. venturing more into solar & EV initiatives would also help the bottom line.

meanwhile I parked my orders at RM9.20 still waiting

Banking Sector Overweight

https://www.theedgemarkets.com/article/midf-bursa-snaps-fiveweek-selling-streak

https://www.klsescreener.com/v2/news/view/931833/govt-to-continue-with-current-electricity-tariff-effective-from-jan-1

All these articles are good for a laugh but no story beats the Arabian Nights story in terms of Cerita Dongeng. That one BossKu reigning juara 2020/2021

where's all the fan boyz jumping up and down shouting bumi this bumi that? suddenly all quiet. humble pie hard to swallow? still think its a good idea to have 51%? history have shown that there will be mismanagement when you give entitlement to undeserving people. as long as company is well managed and the returns are there, why bother whether you are white, black, yellow or brown. this is not the first and very sure wont be the last. LOL

lol... oh ye of little faith

Can Raja Bomoh help to locate?

SC cannot find??? got check satellite in space or not

where is that Mabel and her ships? Bermuda Triangle swallow the ships? Cat bit her tongue? No more Meow Meow Meow who's a strong supporter or Serbadak?

Where's the ex-Chairman who says shoplot auditor? Mana sudah lari?

Where's Belanghijau, strong supporter? hiding where?

yes sifu tolle, waiting to pump in more during next cycle cause my average is low, at worst will pump in at next ex-date

its DRP

there's a old Chinese saying that 'the more you explain, the more guilty you are'

I will revisit Tenaga later stage when it is less volatile. Also EPF divesting its Tenaga portfolio for more MBB must mean something too right?

I made the call after considering all negativity issues with Tenaga. also consistency of MBB dividend for past years

@choysun yes bro. I sold at 9.28 after it reach my cut loss point before it dropped further. my remisier agreed that MBB is a better defensive stock too

@stkoay Thank you to you too as reading your past posts and your sharing of thoughts gave me the nudge I needed to switch from Tenaga to Maybank. Yes, I took a big hit but thats Investment for you. you cut loss in one counter and switch to another. In no time, I will make back whatever the shortfall.

I agree with sifu stkoay. there is a famous saying that 'to succeed you must know the rules of life and playing it well' . Life itself is a gamble. example, why do some people like Uncle Lim can be so rich while others only talk and are jealous? I can share with you a story about my ex-boss who's related to Genting Uncle Lim family by marriage. He shared that when the government wanted to develop Genting Highlands no one wanted as many challenges and dangerous including communists, mine fields, very costly and yes, wild animals like tigers. Long story short, he took the challenge and develop it and are now reaping the fruits of labor. Same here, we can buy MBB when its on the dip or just observe in disbelieve about opportunity lost. forget about all the white noise here and there asking you to buy plantation and what not. at the end of the day, fortune favors the brave.

Carpe Diem!

@TreeTopView thanks I stand corrected, yes its every 3rd Friday. sorry for the typo

yes Zxvvbn is right

@lionel messi, its on every 4th friday of the last month of every quarter of the year. so its 4 times a year.

today is Quadruple Witching Day. Monday will open sharply down again. the last time it closed higher was June 18 (also the QWD).

hhmm... 10 secs before break, thousands of bids suddenly disappeared... nice bait