A RM2.9 billion gain on disposal of Miami property works out to a gain of over 70sen a share. I thought Genting would rise by at least 20 to 30 sen a share this morning.

AnInvest's target price for Maybank is RM9.80, not RM8.43. Otherwise it should be a hold call, not a buy call.

CPO price has dropped from over RM6,000 a ton a year ago to just over RM3,500 today. Profit will suffer big drops.

Bank counters are supposed to be the safest investments on Bursa. They really are.

Quickly grab whatever is available before the fire sale is over.

These days, it is even a big problem for MRCB to breach the 35 sen resistance level and stay above that level for a few days.

If the company decides to compensate investors for the loss of dividends in 2020 and 2021 and declares a 26 sen a share final dividend, then it is worthwhile to buy at this price.

Looks like DRP subscription price is going to be less than RM5. It was RM4.97 last time.

Should buy more if you have the money.

@MoneyMakers
@Prudentinv Got old saying - ‘high interest rate good 4 banks until they’re not’
Bank Negara raises OPR in a measured manner, 4 times over the past year and by only 25 basis points each time, unlike in some countries where interest rates could be increased by 10% to defend their currencies and to fight hyper inflation.

"Go learn higher level economics & will understand how high interest rates destroy/collapse bank"
Rate increases are likely to come to an end before the end of this year. Probably another two increases at the very most. How would these result in bank failures/collapse?

@MoneyMakers
"wont save u when bank crisis hit (high interest rate = bad 4 banks)"
Banks are benefiting from higher interest rates. DBS Bank has seen its profits surge from higher interest rates. Wonder where you studied economics.
"Wait & see lo if bank collapse this yr - very high risk"
Don't worry about bank collapse. Genting has a much, much higher chance of collapsing.
https://www.reuters.com/business/finance/singapore-bank-dbs-q4-profit-soars-68-flags-robust-outlook-2023-02-12/

Harimau is a wild beast but this one is domesticated. This Harimau gives us money twice a year and is the darling of many people.

@MoneyMakers
"Gdluck lo hodl banks"
I don't invest in Maybank and then pray that luck would be with me. I have 100% faith in my investment. You should pray that PN doesn't win the next GE, meaning your investment is risky. Don't worry about bank failures in Malaysia, let alone Maybank failure. It is a figment of your imagination. Instead worry about Genting, worry when it can earn over 70 sen a share and pays 60 sen a share in dividend yearly.

I bought Maybank at around RM8.50 a share and Genting at RM5.15 just over 3 years ago. To date, Maybank has already paid me RM1.77 a share in dividends and another 30 sen would be paid tomorrow. I disposed of Genting over a year ago for a small loss and switched to Maybank. I don't know how much Genting has rewarded its shareholders but it should be less than 25% of what Maybank pays its shareholders. It should be very obvious to everyone which counter is a better investment.

@MoneyMakers
"Aiyoyo bank negara force merger means bank fail lo"
No bank had failed. It is your warped opinion. Name me one bank in which the shareholders lost all their investments. In fact smaller bank shareholders had been offered prices higher than their banks' net book values.
With political uncertainty and PN gaining support, the riskiest time is to own a casino counter. Banks are very, very unlikely to fail in this country but casinos/gaming outlets can be closed anytime.

MRCB has performed very badly for over 2 years. Its share price has never closed above 40 sen for over a year, its worst performance in over 30 years. Hope it can do better in the coming months.

Trading at a PE of less than 10 and a dividend yield of almost 6%, Eco World Dev is not a bad company to invest in.

@MoneyMakers
"@Prudentinv MY got many failed bank in 1997 crisis - merged under MBB/PBB/CIMB"
There was no bank failure per se in Malaysia during the 1997 financial crisis. After the crisis, Bank Negara directed big banks like MBB to take over/merge with smaller banks so that the merged banks were stronger and more efficient and hence more competitive.
"Coming bank crisis - gov takeover everything like in US/Switz (shareholder 100% loss)"
I won't say it would never happen but is highly unlikely. Do you think the government would allow ASB to lose all its money? You are highly imaginative.

"@Prudentinv No use see history
Credit Suisse (170 yrs) / SVB (40 yrs) / silvergate bank (30 yrs) / signature bank (20 yrs) - all sudden collapse no warning (shareholder 100% loss)
Switz gov even bypass ‘shareholder vote’ - forcesell credit suisse"
@MoneyMakers, I asked you if there was any collapse of Malaysian banks which resulted in shareholders losing all their money in the past 40 years. Why did you keeping harping about foreign banks? Don't avoid my question.

"Once bank crisis start, gov immediately takeover (delisted) - shareholder total loss
Basically 100% loss within days - somemore without warning (nobody know bank trouble until too late)"
@MoneyMakers, Can you give one example of bank failures which occurred in Malaysia over the past 40 years and which resulted in shareholders losing all their money?

"...if you believe, it's 165,121.50 haha :p"
@stkoay, your investments in Maybank alone is already worth over RM4.6 million. That is a very substantial amount of investment. Wah, orang kaya!

Many investors have already priced in a 25 basis point rate hike. Should this expectation materialize, the market shouldn't be adversely affected. No rate hike would be good for the market.

Doesn't seem like Fed would raise interest rates tonight. Hopefully more upside tomorrow.

IBs issue price calls based on fundamentals but very often some counters shoot up not because of fundamentals but speculative play.

Maybank doing well today. Best performing bank stock today certainly goes to Maybank. More good news ahead.

Small shareholders should make some noise occasionally, otherwise major shareholders might think that we are happy with the way they manage the company.

Those who had bought at below 70 sen just two weeks ago are now laughing to the banks. Those who had bought over the past few trading sessions, thinking it may go up further better tread cautiously.

Since Keck Seng is so cash rich, it should distribute all it earns as dividend.

Glove investors should pray hard for another more serious pandemic to strike. Otherwise no more hope.

Those who are scared of bank failures should withdraw all their money from the banks and keep cash at home. I have full faith in our local banks.

With Maybank, it is safe to average down. Buy whenever it drops by say 3 to 5%. Of course one has to have deep pockets.

SINGAPORE, Feb 13 (Reuters) - DBS Group (DBSM.SI), which has seen its net interest margins hit highs for the decade on rising interest rates, expects rates to moderate, its chief executive said, as Southeast Asia's largest bank by assets reported record quarterly and full-year profit.

Singapore lenders, like global peers, are benefiting from higher interest rates, but analysts said that as the cycle peaks and economic growth falters, rising bank profits could be curbed.
DBS has reported record earnings due to rising interest rates.

Financial turmoil in the US and Europe offers a rare opportunity to long term investors here to buy Maybank shares at cheap prices. Don't miss the opportunity.

Only affects the small banks. It is their own making.

US bank trouble not over yet. You may have to wait for much longer time.

No need one month to reach RM1. If syndicates want to play, today can reach already.

You kata tak pasti saya kata tak mungkin. Yang jual Maybank kebelakangan ini adalah kebanyakan dana asing.

RHB Bank's performance should improve once the DRP subscription price is confirmed and the dates for dividend entitlements are announced.

Alamak! Genting isn't doing well today. It must be because 007 is not around to support the counter.

Genting hasn't followed other blue chip counters to trend slightly up this morning. Genting promoters must be very disappointed.

Pure speculation. Better not to follow. Small investors might get their hands burned.

I have lost faith in this company. Hope the major shareholders can take Keck Seng private at a reasonable price (over RM6 a share) soonest possible.

"I hv collected enough Genting Berhad shares."
James_Bond, should continue to accumulate until you become a substantial shareholder. I am sure it is not beyond your capability.

RWG boy, daddy had reminded you not to forget to take your medication two days ago, have you forgotten daddy's reminder?

@PM WA, very enlightening explanation. Someone who keeps spewing out rubbish on this forum should read this comment.

Check the fear and greed index of CNN Business, investors are in the grip of extreme fear. Soon Warren Buffet would spring into action.

"Enjoy the feast all!"
@NatsukoMishima, Maybank investors have been enjoying their feast since 2020 with the RM1,770 safely in their pockets. They will have more feasts next weekend.

"Pbb fair value around rm 2.5 - 3.50 only !"
@NatsukoMishima, that is your opinion, few many people would agree with you. You should immediately short Pbb shares. Have you done this already?

Despite the country being seriously hit by Covid19, Maybank continued to pay irresistible dividends in 2020, 2021 and 2022. Total dividends paid during the three years amounted to RM1.77 a share. Another 30 sen a share is pending next week. Only a handful of counters can match Maybank's generosity.

"pbb will be credit suise"
@RWG, don't waste time posting something that even you yourself don't believe would happen. Just tell us the probability of this happening.