"yah, thats why next 3 years maybank is going to go lower at least 10%-20%" @rottenegg454, no one believes in what you wrote. This is only possible if our economy shrinks by 10-20% over the next 3 years.
"when i buy small at 7.50, 8.00, it keeps going up, when i buy big at 8.86 it immediately u-turn and crash" You wrote that you bought Maybank at RM 8.82 a share, not RM8.86 a share. It has only dropped by 8 sen a share and you claimed Maybank has crashed. Dropping to RM7 a share in a matter of days can be considered a crash. Almost 100% of Maybank investors over the past 3 years have made money.
Investors are giving Maybank a higher valuation than Petronas Chem for some reasons. Maybank's earnings over the past 12/13 years has been very consistent, averaging around 70 sen a share. Dividend per share has never dipped below 50 sen, averaging about 56 sen a share. PChem earned only 20 sen share in 2020 and 35 sen in 2019. Its eps exceeded 90 sen in 2021 and I expect it to exceed 90 sen again in 2022, all because of high oil prices. DPS for 2019 was 18 sen and for 2020 was 12 sen. Just can't compare with Maybank.
"maybank share keeps dropping i told you so...." @goldenegg454, you claimed to have bought Maybank less than three weeks ago at RM8.82. Knowing that it would drop, why did you buy Maybank? You buy a counter when you have the confidence that it is moving up or is about to declare a fat dividend, not when it is about to drop. How to make money this way?
@MG9231, by sacking/suspending his opponents, Zahid has actually shot himself in the foot. Anwar has also given the Opposition an additional political fodder to capitalize on. PN has been playing the racial and religious cards prior to the recent GE and they would continue to do so, to the detriment of the nation. I hope you are right. I have no intention to spoil your feast. Enjoy yourself.
Probably investors are disappointed with the directors for not being proactive enough over the years or the directors just want to keep the price low so that when they decide to privatize Keck Seng one day, they can offer small investors at RM4 a share.
Put it bluntly, DRP issues are only tailored for big investors like ASB, EPF, PNB etc who hold tens of millions of shares. Small investors who have only a couple of thousand shares are unable to benefit anything.
@speakup, the value of Keck Seng shares I hold is 10 times your recommended allocation. I hope it can go up but I have no much faith in it. Too bad I didn't dispose of the shares 8 or 9 years ago when it almost touched RM8.
Tenaga has made really impressive gains over the past 6 months, rising over RM1.50 a share or almost 20% from its lows in July last year. Naysayers who had predicted that it would drop to RM4.50 a share are now keeping their mouth shut.
RHB Bank's 2022 earnings should exceed 60 sen a share again. With an interim dividend of 15 sen a share, the same as last year, I expect the final dividend to be maintained at 25 sen a share also. It shouldn't be trading at a PE of less than 10. A PE of 12 to 13 should be more reasonable.
@goldenegg454, why did you buy Maybank in the first place knowing that it will keep dropping? I bought some Maybank shares at an average price of RM8.30 a share. Over the past three years, I have received dividends amounting to 177 sen a share, translating into an annual dividend yield of over 7%. There is also a capital gain of around 5%. This is very different from what you claimed.
As at beginning of November last year, Keck Seng's total foreign exchange gains on its holdings in US and Singapore dollars was more than RM50 million. I am quite doubtful if it has pared down on its US and Sing dollar holdings.
"The only difference is you now have 16800*6.29. So where is the dividend?" I have received dividends amounting to RM1770 since the beginning of 2020. I bought my Maybank shares at an average of RM8.30 a share. Maybank's share price didn't drop to RM6.53 a share.
"Then why did you say "would be RM42,240 richer than before"?" Do you understand the meaning of the word "assuming"? Do you now still insist that Maybank's dividend yield is not 6.6% but 4.9% or even 0% if all dividend could be converted to shares?
Boy, once a dividend amounting to RM1 is declared, Maybank's share price will no longer stay at RM8.80 a share. No matter what kind of warped logic you may come out with, Maybank's dividend yield stays at 6.6% and not 4.9% or 0% as you claimed.
"You sell off the 4800 units, your ownership become 0.00007%," Lad. you are very confused. assuming you sold your 4,800 Maybank shares at RM8.80 a share, you would be RM42,240 richer than before. If you sell and others don't of course your ownership would drop.
The company would inform the quantum of dividend to be paid when it announces its final quarter results towards the end of next month. Official announcement will come in early March and dividend payment should be made by mid April. My guess is the amount of dividend would not be less than 30 sen a share.
Naysayer very quick to jump up from sleep to condemn MRCB and other people again. Poor guy must have bought MRCB several years ago at over RM1 a share and now seizing every opportunity to run down MRCB and those who write positively about MRCB.
Maybank was trading at around RM8.30 this time last year. Its share price has appreciated 40 sen over the past year. Total dividend paid last year was 58 sen a share. There is thus a total capital gain of 98 sen or 12% return.