yeah, finally pass the 9.00 mark. some clown was mentioning will drop 5.80... wait until neck long still cannot see

@choysun not sure bro, with the latest EPF special withdrawal, anything is possible. next is the impeding GE that one also will disrupt the whole market as well where traders will 'wait and see'

@BobAxelrod, the difference is 'Intention'. The state of mind will dictate which has been committed.

Second time testing the 9.00 mark. hopefully can close above today

@angelwing I'd change the value to '0.00' as the units should be added FOC, so the overall average stock price should fall

@ccpool on trusting IB's reports 100%, this one I learned from my remisier, he takes analysts report with a pinch of salt - even from his own firm. guess this as they say comes from experience.

@stkoay I was asking if you manage to resolve your CIMB wrong price stated in the portfolio. Anyway I manage to resolve my price error as my remisier confirms the price in the portfolio can be changed manually. The system this time around automatically stated the market price at issued date at 8.83 but this can be changed to 0.00 to reflect the lower average stock price

@LossAversion the AGM was held last week on the 14 April and is already over.

https://www.maybank.com/en/investor-relations/reporting-events/presentations.page?

@stkoay bro, I noticed the first time they didn't increase only this time around. So for CIMB did you request for a correction from anyone or just leave it?

@dickson2u normally first dividend for FY is announced in September (usually first 2 weeks). only 2020 was delayed to December.

sometimes dont believe what analysts say. who know what hidden agenda they have

Hhmm... I might be wrong, the DRP actually increases the average stock price in your portfolio. The DRP shares are added into your portfolio at the opening price (/ last closing price ) of the day the shares are issued. I didnt notice this during the last DRP exercise. Anyone can confirm the average stock price will increase (assuming your portfolio share price is way lower than the market price of course).

meaning small profit la

my cut loss is 5%. luckily I manage to sold off all my stocks and made pocket money for nasi lemak

Report for what? waste of time. better get ready to recover whatever is left when trading ever resumes. treat as a bad taste in the mouth. that's my 2 sens asvice

ok thanks for clarifying this

I have no doubt that PBB is very safe as a bank since it is conservative (too damn conservative until dividend so little if you ask me). My question then is why need to raise more cash when raising cash in capital market is not cheap nor free. Since they do not have any material liability that I can think so, my guess is could they be raising cash for possible expansion plans in near future? anyone share the same thoughts?

exactly my thoughts

I managed to pick up some at 1.75 and regretted not having the opportunity to pick up more when it dipped further. so far happy with the +6.29% appreciation on price. hope it will dip below 1.80 for me to pick up more

@choysun biasalaaa......layan saja ... when you are bored like me, go visit Serbadak site... very entertaining... helps to pass time..

btw, very happy with my Magnum, seems like price going up every other day. bought a few lots at 1.75 for sh*t and giggles.... now at 1.86 (+6.29%).. check it out

All companies owe money at some point in course of doing business, buying fixed assets, shop lots, cars for director, investments, etc. normal la. Assuming otherwise it's like saying no one growing up owes any money to any bank

Excellent..... 1 more week for the dividend and DRP shares .. 14 April.

wow, you must hold a lot of PBB to still be able to average down like that. that's great.

@Sharefisher my PBB cost is also slightly below 3.80 and still holding on the small quantity and wont sell as the huge margin allows me to sleep soundly at night. it wont be easy to get back below 4.00 let alone 3.80 as market now sees the potential of stock to go as high as 4.80 (current TP). If I have stocks with huge surplus margin / paper gain, i'll just sit back and enjoy the ride. realising and locking in profits and then the stress of looking out for more bargains in future is tedious in my opinion (unless one does not intent to buy this stock again). for me, I would rather 'trade' and lock in profits on stocks that dont usually give out dividends (e.g. Greatec) and hold on tight to the lower priced stocks that I intend to keep and that give out high dividend which will translate to better DY if you know what I mean. like the recent 2021 dividend from MBB is 7.22% return as my stock price is very low. but then again, everyone's idea of investing is different, no right no wrong. just sharing my thoughts on this bro

@Cslee1215

https://www.thestar.com.my/news/nation/2022/04/01/long-queues-form-outside-epf-offices-for-withdrawals-applications?fbclid=IwAR25ENC95Ww2MqUVTqwt-tqOf9G2xWbG90xkohSg1l9i0Iq23hbswRHMu5Y

@choysun ever considered Magnum over GenT / GenM as alternative Gaming stock? good defensive stock and high dividend stock too

@stkoay wow, Maxis, lowest price reached today 3.89, worth checking out? also managed to sell down half of my IGBReit to rebalance my portfolio

the info can be found at Bursa website on SS. currently retailers not allowed SS

@investmalaysia618 me too, had traded in both before. for now keeping an eye out for Greatech again but hope to get below rm4, the other is Inari which is the fan favourite. others in my sights are also Atech. but all too high atm if u ask me.

you might also want to look at IGBReit... and see who's buying them. not only EPF buy their management is mopping up the shares.. so it is worth taking a look before next QR which should be +ve

@geniusraider that strategy may differ for everyone and i have my fair share of being burned. guess experience is not cheap. whatever the strategy, best advice i can share is to always keep aside some spare cash in your trading account to grab fire sale stocks and to be on the look out for opportunity. to be honest I am currently also eyeing opportunity to go into 1 or 2 tech stocks when it goes down lower again. future opportunities for a slice of the PV and EV business is indeed seductive

@stkoay 4 sen since last year, which is bad. I noticed that PNB does not give priority to non ASB funds and dividend always lower than ASB. maybe this is my cue to liquidate my ASM funds (perhaps sell to my sibling) and focus on equities or even plow to EPF for higher returns

@ choysun, @geniusraider I married late and am now in early 50s. took a break from working to focus on family and first child - 13 months baby boy due to difficulty in hiring reliable nanny. hopefully can go back to work for that last leg of the rat race before i kick the bucket :-)

sorry for the long rant. it's 3.00am and fatherhood keeping me up at night

My ex-banker brother told me to look at banks like Harimau (as an example of good businesses - he is a Warren Buffet fan too!) and I had then noticed Harimau dividend very stable over the last decade (usually around rm 0.5x) and have just started investing into Banking stocks in preparation of the improving C19 situation and eventual reopening of the economy - manage to bought my first PBB share at its lowest pre-Bonus issue price @ RM14.96 (or RM2.992 post BI price). Also I noticed that MBB is a very defensive stock with price stable at 7.95 - 8.05 during last year. of course sharing your thoughts on this stock helped sealed the deal for me - I invested a little at MBB at 8.08-8.10 and then dispose all my Tenaga portfolio and bid my time (waiting for 'fire sale' opportunity) before putting 'all in' into Harimau and managed to buy a lifetime opportunity at the brief time price at rm7.99 on 29 Nov 2021 (which was the lowest it ever got before it shot up and never reach that price again) dollar cost averaging my MBB portfolio - FYI I had parked my 7.99 order into queue for 30 days which was at the time priced around rm8.08 - 8.10. after around 1.5 weeks, my orders went thru. I was confident in our banking system and that price will go up as dividend announcement for Q4 will eventually come bringing good news for the country's biggest financial institution. usually before the price goes up prior to the quarterly reports, IBs will shake the durian tree to get stocks from weak retailers who will panic and sell. thats the time to mop up all the shares at the price you want. the rest as they say is history.

@stkoay am like you a little bit mature so yeah invest heavier on safe businesses like Harimau (if only can hari hari mau haha) and the other is PBB atm. My ratio in bank stocks as follows.... PBB:MBB is 20:80. My equity portfolio atm consists of approximately 70% in Bank stocks, 25% in other high yield stocks and remaining 5% standby cash for opportunity buys. I invested heavily in Bank stocks as it is recovery play and due to the defensive stocks as this will be my nest egg portfolio. the remaining 30% opportunity buys will be rotated depend on value stocks or dividend stocks at the time of buying opportunity.

I used to be heavy in Genting (approximately 50%) but sold all of my GenT (5.06) and GenM (3.07) stocks to lock in the profits during the high price volatility and have since diversify all my stock holdings from both shares last year and bought Harimau.

@stkoay Sifu, check out Warren Buffet's theory on investing and what he thinks on diversification. He advocates investing 75% portfolio on only 3 good businesses whilst his friend Charlie Munger says 6 good businesses. I can settle for 3 but so far I have only found 2 in my portfolio. Which do you agree and have you achieve your goal of achieving the total number?

https://www.youtube.com/watch?v=0-XKPoxAGlU

actually sifu already told us before how much he invested lor... he was joking when he said 5, it's actually only 4. ;-)

everyday also up down up down la, what's the big deal? normal cycle of equities market ma.... some day traders take profit while some lose and get burn. all part of the system. the trick is not to get too greedy and get your S burn lor. the fire dont care whether your S is Cina or not, all burn also, take for example Serbadak

@Thirai yes RHB was also a bargain then and I see you manage to get the recent high DY as well. sweet..

@Maverickeking bro, I must admit my shareholdings is little in PBB cause by the time i buy PBB, the price too high already, thats why I didnt top up anymore. FYI my ratio in bank stocks as follows.... PBB:MBB is 20:80, if you read MBB forum you would have a rough idea of how much I invested in MBB. My equity portfolio atm consists of approximately 70% in Bank stocks, 20% in REIT and 5% in Entertainment and 5% standby cash for fire sale stocks. I invested heavily in Bank stocks as it is recovery play and due to the defensive stocks as this will be my retirement funds and something to pass to my kid when I leave this world. For REIT property and Gaming entertainment is for higher risk and higher returns - the former can be affected by interest rate hikes and the latter due to sin tax and religious influence on political issue. I would however like to invest back Tenaga and Genting but not for the time being as my funds are working hard to recover back in REIT for steady DY. Genting has too many speculators and day traders and not for the weak hearted

@stkoay bro sifu, I knew u had a lot but no. 5? lol... like that win liao hehe

@sharefisher it's okay, its more a fact finding on investor behaviour when they are so defensive about their respective stock. you should see MBB forum, they share freely, dont mean anything really, I noticed that those who invested a lot usually steady and calm as investors. usually those who speculate and day trade will jump up and down

even if it shoots up to 10, I'll still hold it as my DY will be much much higher

3

Good morning peeps!... I am curious as whether the amount of investment in a stock will correlate to an investor being loyal to that stock. Could you share if your level of investment in MBB falls under which the following:

1. Below RM50K;
2. RM50K-RM100K;
3. RM100K-RMRM500K;
4.above RM500K.

Just curious and intended to be a fun fact discovery and nothing more.

Good morning peeps!... I am curious as whether the amount of investment in a stock will correlate to an investor being loyal to that stock. Could you share if your level of investment in PBB falls under which the following:

1. Below RM50K;
2. RM50K-RM100K;
3. RM100K-RMRM500K;
4.above RM500K.

Just curious and intended to be a fun fact discovery and nothing more.

A lot of the early investors for MBB here have entry price way below the 8.28, so it is not a problem

bro, that's excellent prediction. hopefully that is so but afraid as PNB invested a lot in Sapura as well.. so let's see

@stkoay, bro, ASM 1 is up for Divi declaration by 1 April 2022. what's the possible rate you expecting?

if multi-tiered and total EPF declared for year is 6%, you wont get 6% for sure especially if you have high savings