Engine starting already for "feel good" ??

Index linked stocks to shoot up to break 1600 points ??

"feel good" coming soon.......

https://www.thestar.com.my/news/nation/2022/08/26/budget-2023-expected-to-be-tabled-on-oct-7

https://www.theedgemarkets.com/article/analysts-still-maybank-despite-preemptive-provisions-2q

KUALA LUMPUR (Aug 25): Malayan Banking Bhd (Maybank)’s nearly 60% increase in allowances for impairment losses on loans in the second quarter could just be a one-off event, said its newly appointed group president and chief executive officer Datuk Khairussaleh Ramli.

Khairussaleh explained that the spike in loan loss provision is a pre-emptive measure in anticipation of weaker external environment outlook in the second half of the year.

“This is a pre-emptive provision, and it is supposed to be one-off, particularly affecting segments of oil and gas as well as hospitality,” said Khairussaleh in his first media briefing on quarterly results since his return to Maybank in May.

Bank only give you about 3% and "capital guaranteed" meaning no capital appreciation....haha

This tiger gives more than 6.5% plus chances of capital appreciation :)

14th October, I guess.

This tiger has been very efficient lately, can expect the dividend to be in around mid October.

DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE FIRST INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2022 ("23RD DRP")

On behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad wishes to announce that Bank Negara Malaysia has granted its approval for Maybank to increase its share capital through the issuance of up to 138.0 million new ordinary shares in Maybank pursuant to the 23rd DRP.

This announcement is dated 25 August 2022.

58 sen versus current price of 8.84 equal to a yield of 6.56%......very attractive for long term hold.

Can expect this year's dividend to at least match last year's, from historical data, 2nd interim dividend had never been lower than 1st interim.

Announcement of ex date and DRP price fixing will probably on 2-9-22

Profit lower due to mark to market unrealised loss

https://www.theedgemarkets.com/article/maybank-2q-net-profit-down-54-despite-higher-net-interest-income-declares-28-sen-dividend
he bank declared a first interim dividend of 28 sen per share, to be paid no later than in three months. It is to be accompanied by an applicable dividend reinvestment plan — whereby seven sen can be elected to be reinvested in new shares.

The banking giant's net interest income grew 16.5% to RM3.52 billion in 2QFY22 from RM3.01 billion a year ago. This helped lift its net operating income to RM6.83 billion from RM6.17 billion.

Notably, Maybank's other operating income shrank substantially to RM366.9 million in the quarter under review from RM1.15 billion a year ago as a result of unrealised mark-to-market loss of RM781 million. It was a mark-to-market gain of RM990.9 million a year ago.

21 sen cash plus 7 sen DRP

1st interim dividend 28 sen

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3286182

Big volume, but price didn't move.....or is it epf was dumping to ff?

Looked like from left hand to right hand....

@Cslee...you mean strong support?

8.81 minus 28 sen.....paying net 8.53 ONLY

Will jump in if dividend is maintained at last year level

Good price to top up?
.....tomorrow afternoon decide :)

epf showed their hands while playing show hand with ff.....
.....and ff.....put them in their pockets.....haha

...exceptionally quiet....because most traders have given up already :p

epf killing 2 birds with 1 stone...
....preventing market from going up (now)
...accumulating bullets for "feel good" project

The gloves supporters bolat liao :p

Yes choysun.....we have strong hands and strong heart :)

I think that is true.....many supporters have given up :p

Up day also so quiet....haha :p

@choysun....yeah ASB and some big funds are accumulating Tiger but EPF is accumulating bullets (I suspect it's for their "feel good" project prior to GE 15).....so for the time being, it's tug of war at Tiger....but should easily break 9 after 2Q22......
.....Hope also Genting will start to roar :)

Horseh liao, US market sharply higher :p

2Q22 report and dividend announcement will be on 25-8-22.
If report is good and dividend rate is maintained, I think it will trade above 9.

One blue chip was trading around RM11 prior to GE14.

Hmmm......got "feel good"....
....so buy the "big" blue chip :)

https://www.thestar.com.my/news/nation/2022/08/06/bn-supreme-council-meeting-expected-to-be-held-on-aug-15
The official said all indications pointed to the polls to be held after the Budget 2023 was tabled at the Dewan Rakyat in October.

It is understood that the many initiatives from the Budget would serve as a "feel good" factor and the Barisan wanted to capture the sentiments of the electorate.

Will there be "feel good"

https://www.thestar.com.my/news/nation/2022/08/06/ismail-sabri-unfazed-by-perikatan039s-talk-of-withdrawal

“What’s important is that we must be ready regardless of the situation,” he said.

He added that the election was definitely on, with only the date yet to be set.

nice....8.90

https://www.cnbc.com/2022/08/04/dbs-second-quarter-profit-tops-estimates-as-banks-benefit-from-rising-interest-rates.html

Singapore’s DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia’s largest lender gains from sharply higher interest rates.

Finally, closed at fatt fatt fatt.....ha..ha... :)

Tonight no new breaking news?
US market continue to trade sharply higher, no mental masterbation for the non investor...haha

https://www.theedgemarkets.com/article/maybank-indonesia-1h-profit-rises-30-663-bil-rupiah-higher-loan-demand-economic-improvement

KUALA LUMPUR (July 29): Maybank Group's PT Bank Maybank Indonesia reported a 30% increase in profit after tax and minority interests (PATAMI) of 663 billion rupiah (about RM198.57 million) for the first half of the year ended June 30 (1HFY22) from 510 billion rupiah in the previous year, as loan demand grew while the economy improved.

Go see how the US market is trading....

Ha..ha....this poor clown is working very hard, thinking he can "talk down" the wealth of the rich....so naive.....LOL

Go see how the US market is trading....

Ha..ha....this poor clown is working very hard, thinking he can "talk down" the wealth of the rich....so naive.....LOL

.......after that will be 9.18......9.28..........9.38 :p

KUALA LUMPUR (July 27): CIMB Group Holdings Bhd’s 92.5%-owned PT CIMB Niaga Tbk announced its unaudited consolidated net profit for the first half ended June 30, 2022 (1H22), leaped 20.4% to 2.57 trillion Indonesian rupiah (about RM763.68 million), up from 2.13 trillion Indonesian rupiah a year ago.

According to its financial statement filed with Bursa Malaysia on Wednesday (July 27), CIMB Niaga’s earnings per share for 1H22 was 101.65 Indonesian rupiah against the previous year's 85.54 Indonesian rupiah.

It paid a total dividend of 2.35 trillion Indonesian rupiah in 1H22, twice the amount compared with 1.1 trillion Indonesian rupiah in 1H21.

https://www.theedgemarkets.com/article/cimb-niagas-1h22-consolidated-net-profit-204-yoy