prudentinvestor

prudentinvestor | Joined since 2013-05-10

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Stock

2023-04-14 15:29 | Report Abuse

From a low of 66 sen a share to a high of RM1.18, that is a gain of over 75% in just 5 weeks. This is spectacular by any standard. Smart investors (speculators?) should know what is the best thing to do.

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2023-04-14 15:07 | Report Abuse

A gem which remains in the hands of over conservative people may eventually turn into a stone.

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2023-04-14 14:57 | Report Abuse

Someone here had bragged about his success in investments in Genting, raking in over 25% profit a year when no one can verify his claim. What I wrote about Maybank are all facts readily available on the internet. Let's compare Maybank and Genting's share prices at the beginning of 2020 and see what counter has performed much better.

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2023-04-14 11:27 | Report Abuse

Several months ago, Maybank reached a high of almost RM8.90 while Genting was hovering at around RM5.10. Maybank is trading at around RM8.70 today. Including the 30 sen a share dividend just received, Maybank's
actual price should be RM9 a share for a gain of 1% over its peak price several months ago. Including the 9 sen a share dividend, Genting's price should be RM4.78 for a decline of about 6%. It is obvious to everyone which counter has performed better.

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2023-04-14 09:13 | Report Abuse

Failed to break RM0.80 yesterday. Hope it succeeds in doing so today.

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2023-04-14 08:58 | Report Abuse

@linges, Dow Jones did well last night. May not be able to get the price you want today

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2023-04-13 17:22 | Report Abuse

Now it must drop to RM5.40 and below before it is worthwhile to buy back RHB Bank.

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2023-04-13 16:57 | Report Abuse

Just wonder what RHB Bank's opening price would be tomorrow morning. Not likely to drop by more than 25 sen from today's closing price. Hopefully investors with the patience and confidence in RHB Bank would be rewarded!

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2023-04-13 11:58 | Report Abuse

Likely to rise above RM0.80 before end of the day.

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2023-04-13 11:51 | Report Abuse

If the company makes better use of its RM1 billion cash instead of keeping it in US$ and Sing$ deposits, Keck Seng shares will not only fly but shoot through the roof.

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2023-04-13 11:28 | Report Abuse

Managed to buy some at around RM5,50 a share a few weeks ago. Won't bother to sell unless it goes to at least RM6. Not easy for it to gain 10% unlike some cheap counters. EcoWorld was trading at RM0.65 a share 4 weeks ago but is now trading at RM0.78, a gain of almost 20%.

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2023-04-12 21:33 | Report Abuse

My main purpose of investing in RHB Bank and Maybank is to benefit from their generous dividend payouts. Capital gain is not my primary aim as my investments in these two counters are long term. Would only consider selling if the capital gains outstrip the dividends.

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2023-04-12 20:49 | Report Abuse

Anything that goes up for no apparent reason would come down eventually. Be prepared for that eventuality.

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2023-04-12 17:11 | Report Abuse

'Aiyoyo @Prudentinv why need withdraw money from bank - gov guarantee ma
When bank crisis hit, deposits safe - only shareholder immediately wiped out"
@FearMongers, the government would only safeguard the interests of poor indirect bank shareholders like ASB unit holders, Kumpulan Wang Pesaraan and LTAT members, not rich people like you.


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2023-04-12 17:00 | Report Abuse

Someone here must have taken excessive doggie food which causes him to claim that Maybank would collapse.

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2023-04-12 16:17 | Report Abuse

"This is fact - ur opinion isnt fact/reality (ownself deluded)"
@MoneyMakers, this is the opinion of Malaysia's Warren Buffet, I laughed so loud that my dog also started to bark.

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2023-04-12 16:08 | Report Abuse

Someone could be accumulating MRCB. It used to take several weeks to rebound from 30 sen level over the past year but over the past 5 to 6 weeks, it only took several days to rebound. This could be a good sign.

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2023-04-12 15:37 | Report Abuse

@MoneyMakers, bank shareholders are much safer than Genting shareholders. Just accept this reality. Don't delude yourself.

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2023-04-12 15:15 | Report Abuse

"Most MY ignorant like u - ofcos dunno how toxic banks right now"
So you have withdrawn all your money from the banks and put all into Genting. Don't cry father cry mother should PN win the next GE and decide to close down Genting.

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2023-04-12 15:08 | Report Abuse

35 sen barrier is a tough nut to crack but once broken, confidence would likely build up.

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2023-04-12 15:03 | Report Abuse

If you ask 33 million Malaysians between Maybank and Genting, which company would more likely face collapse, all would say Genting except some jokers here.

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2023-04-12 14:54 | Report Abuse

Maybank closed at RM8.69 on the final day of trading before it went ex dividend on 13 March. It has climbed back to RM8.70 now. RHB Bank's performance after adjustment for dividend should be quite similar to Maybank.

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2023-04-12 14:37 | Report Abuse

"My portfolio growth last yr alone much more than 25%"
@MoneyMakers, that's is what you claim. Nobody can verify it. 99% of investors are unable to achieve a 15% gain in a year but 100% of Maybank investors would achieve over 25% gain in three years if they have not sold their shares.

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2023-04-12 11:59 | Report Abuse

Bought Maybank at an average price of RM8.30 in early 2020. Received dividends amounting to RM2.13 per share to date. Not many counters would give you such kind of returns.

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2023-04-12 11:52 | Report Abuse

Satisfied with Maybank's performance since early 2020. Now with Covid19 taking a back seat, hope Maybank could perform much better during the next three years.

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2023-04-12 11:13 | Report Abuse

Attempting to break the 35 sen resistance over the past few days but without success. Looks like this barrier is a tough nut to crack.

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2023-04-12 10:52 | Report Abuse

Pay some money to the Registrar of Companies in Malaysia and you would get your query solved.

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2023-04-11 21:13 | Report Abuse

Better to take the 25 sen dividend unless it goes up to above RM6. Even without the 15 sen interim dividend, RHB Bank's dividend yield is already about 4.4%, better than more than 75% of other counters listed on Bursa.

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2023-04-11 20:57 | Report Abuse

Keck Seng sold its stake in Parkway Holdings to a Malaysian company called Integrated Healthcare Holdings Ltd, owned by the Malaysian government. India’s Fortis Healthcare Ltd. lost the tussle for control of Parkway Holdings.
https://www.theedgemarkets.com/article/keck-seng-unexpected-beneficiary-parkway-tussle

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2023-04-10 22:48 | Report Abuse

MRCB's earnings last year was the best in four years but its performance was the worst in four years.

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2023-04-10 14:21 | Report Abuse

@DickMe, did I say it was a feat? Read my comments, I have been dressing down the management in most of my comments. I bought Keck Seng shares likely in 1993 or 1994 at under RM3 a share. After two 1 for 2 bonus issues, my average price is now just RM1.20 a share. Keck Seng traded between a low of RM1.45 and high of RM4.73 in 1993/94. It could have gone up to over RM7 a share earlier before another bonus issue in the late 80s.

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2023-04-10 12:25 | Report Abuse

"Is this the same Prudentinvestor who promoted Serba last year???
@BobAxelrod33, I have stopped investing in speculative stocks for several years. Tell me the date and time that I had promoted Serba last year.

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2023-04-10 12:16 | Report Abuse

No bank failures as predicted by some nuts here. Banks, especially Maybank are doing well. In fact if we include the 30 sen a share dividend investors had just received, Maybank's share price today is almost RM9 a share, the highest in over a year.

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2023-04-09 23:17 | Report Abuse

Before a counter can continuously scale higher, it must have the fundamentals. Does TG have? If its price moves up due to pure speculative play, the mood can change suddenly.

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2023-04-09 16:53 | Report Abuse

MRCB only needs to go up by 6 sen to reach 40 sen but this is a 17.5% gain. For a heavy weight like Maybank to go up by 17.5%, it has to rise by RM1.51 a share, a much more difficult task to achieve.

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2023-04-09 16:41 | Report Abuse

I have been holding some Keck Seng shares for probably 30 years, bought before the 1 for 2 bonus in 1995. I have funny odd lots.

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2023-04-09 16:12 | Report Abuse

If Maybank scales to RM9 as someone has predicted (must happen before coming Friday), I will take profit and switch to RHB Bank provided it still stays below RM5.80 to enjoy the RM0.25 a share dividend.

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2023-04-08 10:58 | Report Abuse

Four more trading days before it goes ex dividend. Still cheap and I believe it still has some room ( 10 to 15 sen ) to move up.

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2023-04-07 22:54 | Report Abuse

You are right Dickyme. Shrewd people won't say that Maybank would drop to RM5.80 and Tenaga to RM4.50.

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2023-04-07 16:59 | Report Abuse

Selling Keck Seng at RM3.50 is just sheer craziness. Its cash and value of its share investments are already worth almost RM3.90 a share. Its other assets in Malaysia including thousands of acres of plantation land in Johor Bahru, property development land, golf club, factories, Menara Keck Seng, Regency Tower etc are worth RM4 to 5 billion, not including properties in the US, Canada and Singapore.

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2023-04-07 12:19 | Report Abuse

Just distribute 50 to 60% of the company's earnings to its shareholders as dividends, Keck Seng's share price would immediately spike. Allocate another RM10 million per year (less than the interest the company earns a year) to buy its own shares would energize Keck Seng further.

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2023-04-07 11:47 | Report Abuse

Actually, the downside risk of investing in MRCB is pretty limited now. It is trading quite near to its 30 year low now but potential for upside is huge. Before the 2018 GE, it was trading at over RM1 a share. Just before Covid19 struck, it was trading at well above 60 sen.

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2023-04-07 10:43 | Report Abuse

Hope it doesn't dip below yesterday's closing price of RM3.60. A dividend of 9 sen a share is too little to excite small investors.

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2023-04-07 10:02 | Report Abuse

Very difficult to get Keck Seng directors to pay higher dividends. With a cash pile of over RM 1 billion, money is what Keck Seng least needs. Yet for decades, its directors have been unwilling to share the spoils with small shareholders but would immediately reduce/cut completely dividend payment when it faces the slightest headwind.

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2023-04-06 22:51 | Report Abuse

It could open at RM4 tomorrow if it declares a final dividend of RM0.26 a share.

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2023-04-06 16:03 | Report Abuse

The last day to subscribe the DRP shares is 5pm, 3 May. The DRP shares are not open for subscription yet. I suppose it would be open for subscription only after the ex dividend date on the 14 April.

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2023-04-04 17:23 | Report Abuse

MRCB was trading at over RM0.60 a share at the beginning of 2020. I have the confidence that it would climb to this level before the end of next year. Just be patient.

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2023-04-04 17:20 | Report Abuse

Wow! 95,000 shares? Haha, that would be worth over RM500,000. I don't have so much la. I am only entitled to subscribe for a few hundred shares. Assuming RHB Bank drops to RM5.40 after ex, there is still some money to be made.

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2023-04-03 23:03 | Report Abuse

Last year, RHB Bank went up to RM6.30 a share before it traded ex-dividend. Could history be repeated this time?

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2023-04-03 21:53 | Report Abuse

RHB Bank investors will be receiving their final dividend one month earlier this year. With the subscription price for DRP shares now fixed, I expect RHB Bank to perform better in the coming days.