"Taiko can survive in the bad market"
@pang72, filthy rich people can survive however bad a market is. He is still worth over US$1 billion. Those speculators who had used all their savings to gamble on tp can't survive.

I think it has to stay above RM3 for several weeks before one can say that its price has stabilized.

I don't think Maybank is content with being the #1 in Malaysia. UOB, the smallest of the three big Singapore banks, is still much bigger than Maybank.

Merging with another bank is not attractive enough. Better to be taken over by a bigger bank like Maybank.

Good earnings for the quarter ended 30/4. Another 2 sen a share dividend to be paid on 20/7.

@BILLC, this nut has been deliberately posting rubbish comments for several months now.

It was a tongue in cheek comment. You think a sensible person would come out with over RM10 million to invest in a counter whose future is in doubt?

Opportunity strikes but once. RHB Bank has gained little from its recent low, only 13 sen but CIMB has gone up by almost 50 sen.

Small investors have been taken for a ride. Maybank certainly won't do such kind of thing.

Better to wait for the dust to settle first.

What would you do if you don't trust Genting's management? Sell Genting shares, vote with your feet!

Abdullah RWG, I prefer Michael Jackson's Billy Jean and Beat It.

RHB Bank wins hands down for being the worst performing bank counter over the last few days.

By any measure, banks are the safest counters to invest in but many small investors still prefer to put their money in speculative stocks.

Has already gained by 9% from its recent lows just over two weeks ago. Those who had picked up at RM4.85 and below have already made some decent profit.

"Queue buy at 3.06. I dare you all,shorties to dump Hapseng shares below 3.06."
@007, you have started collecting Hap Seng more than two months ago when it was trading at over RM4.80. Must have collected several million Hap Seng shares by now.

In this type of market condition, I consider a few hundred Ringgit of profit as satisfactory.

Very disappointing performance for the past two years. Unlikely to climb back to 40sen again this year.

Since you are a long term investor and you only want dividend, it is the right time to buy Maybank (dividend yield 6.7%) and RHB Bank (dividend yield 7.4%).

"i hope to join your all in the million$$ club"
Now US$1 = RM4.64, Sing$1 = RM3.46. A lot of rich investors here.

Downtrend continues. Surprisingly HSBC still has a buy call for TG with a tp of RM1.35. Follow HSBC and you would most likely head straight to Holland.

Assuming that this year's earnings per share remains stagnant at 65 sen and dividend stays at 40 sen a share, RHB Bank is then trading at a PE of 8.23 and a dividend yield of 7.48. You can't find another counter listed on Bursa with such a low PE and high dividend yield.

Major shareholders just let its share price drop to the abyss, Should come forward to support it.

Pity those small punters who get caught at over RM1.20, now riding on a tiger and find it difficult to get down. 骑虎难下. Blame only yourselves.

If your sole purpose of buying share is to get dividends, buy RHB Bank.

https://klse.i3investor.com/web/blog/detail/savemalaysia/2023-06-19-story-h-267693923-Govt_cuts_stamp_duty_for_share_trading_and_expedites_IPO_process_to_rev
Stamp duty on share trading reverts back to 0.1% again.

Wow! Investors have returned to sapu CIMB shares.

Welcome back our beloved court jester. Clap clap clap.

Recommended by someone to buy this counter some ten years ago at around RM2. Missed the opportunity to make some money. Should it drop to RM2 again (though I think is very unlikely) would definitely buy without hesitation.

Continue to accumulate. Forbes could not have ranked RHB Bank as the 6th strongest company in Malaysia for no reason.

Counters that went up for no reason last Friday, like Genting, Maxis, P Metal, PetDag etc have now all fallen back.

If not because of the coming state elections, I would start to accumulate very slowly. It has fallen way too much.

"Makan duit but bring prosperity to people
Tak makan duit but bring poverty
Only 2 choice
Which leader u want lei?"
@kebling98, tell this to Lee Kuan Yew, he would immediately wake up from his grave to tell you the answer.

At over RM7 billion, its total borrowings would frighten most investors off. Even after deducting its total cash holdings, its borrowings still exceed RM4 billion. But RM3.25 is really attractive.

Carrot sudah kurang, Rabbit tengah cari carrot.

Special issue at RM9.14 a share but market price is only RM9.09. Tenaga employees should immediately buy Tenaga shares from the open market as the company has to support Tenaga and keeps its price at above RM9.14. Otherwise there would be no takers.

@Go lucky Happy, Hap Seng is certainly on my radar screen right now but would still monitor the counter for a while.

The more racial and religious issues Pass stokes up, the more Ringgit would fall, impacting badly the people they are trying to woo.

@hng33, see, you have done the right thing. Buying opportunity arises again if it drops to around 75 sen.

Yes, yes, yes. That is its rightful position, at above RM5.70 a share.

This year's highest price was around RM7.40 recorded at end of Jan. Its fall has been too drastic and too fast. I really don't know what has happened to the once high flying company.

"the bank promoter "马屁精" enjoys ranking his favorite "mentors," which is why I thought you might be similar to him.. sama sama bank supporter mah."
Mike, please don't make any assumptions. Whenever I promoted Maybank, I always gave reasons why I thought it was a good buy. Eight Malaysian companies, including Maybank and three other local banks have been ranked among the world's 2,000 stromgest companies this year by Forbes. Maybank led the local list. Maybank and three other banks must have been included for some reasons.

Volume goes up but price doesn't. This is not very promising!

I don't think anyone has the ability to badmouth Maybank and cause a significant drop in its share price. Maybank 是真金不怕红卢火.

My advice is you shouldn't trust a court jester. Not likely to move above 90 sen in the near term.

It has dropped from over RM4.70 at the beginning of May to below RM4.10 a few days ago. Naturally ripe time for a rebound.

@hng33, you bought ecoworld at 73-74 sen and sold at 82.5 sen in one week. Your net gain is over 10% in one week. This is fantastic achievement.

"Ok..ok. Good that you have clarified."
Mike, please trawl through my comment history, just name me one comment that makes you think that I have regarded someone as my sifu.

"If so, this comment is only directed towards your "sifus", kueh chap, and 馬屁精"
Hei Mike, I have no sifus on this forum but you have many, including court jester RWG.

"Lai lai... buy GenB"
@Michael_chan2022, you often call on others to buy GenB and would occasionally belittle bank stocks. The last time you advocated a buy on GenB and a sell on banks at the same time was about a month ago. Maybank was trading at RM8.69 then and Genting at RM4,60. Maybank closed at RM8.62 today for a drop of less than 1% over the past month. GenB closed at RM4.15 today. What say you now Mike?