"Still many people thinking it is undervalued. Funny."
RM4.30 is about the right price. eps is about 38 sen last year. Better to invest in banks. RHB Bank earned 64.6 sen last year and paid 40 sen dividends in total.

Maybank's total profit has improved over the past 10 years but its eps has stagnated due to increases in its total issued capital. Its eps was 65,08 sen in 2011, 75.79 sen in 2013, 72.04 sen in 2015, 73.45 sen in 2019, 69.66 sen in 2021 and 68.8 sen last year. Its paid up capital was RM7.5 billion in 2011, increasing to RM12 billion today.

From a low of RM8.82 to a high of RM9.78, rising almost non stop. Time to take a breath.

I certainly won't go to such an extent to work out how much I make from my investments in Maybank for the past three years to the nearest sen and my annual % return to two decimal places.

If you want the chance to collect Genting at fire sale price, you must pray hard for PN to score landslide victories in Selangor, N. Sembilan and Penang.

Lost plenty of money in 2020 and 2021. Very inconsistent earnings for the past 10 years. Don't think I would ever invest in such kind of counter. Surprisingly, it could still command such a high price.

I am happy with the amount of dividends Maybank is paying every year, which translates into a yield of over 6.6%. Anything more is a bonus.

Becoming active again but no price break through. Same old same old but hope I am wrong this time.

Even the Ringgit has been performing badly. Now US$1 = RM4.52, Sing$1 = RM3.37. So demoralising.

"suitable for long term?"
Better to buy Maybank for long term.

Wow! Trading at a PE of 30 and a dividend yield of 1%. I wonder how it could be accorded such a high valuation. Why not buy RHB Bank, another fellow GLC which trades at a PE of 8.5 and a dividend yield of over 7%.

If you want to have a return of 10% or more then you must trade this counter. Buy on weakness. Those who had bought Maybank when it dipped below RM8.30 would have a gross gain of over 5% by now. I would certainly sell some when it goes above RM9.

Whoever has the numbers please pass them to me. I want to get it rich this weekend.

RWG is very farsighted. He has predicted the collapse of many Malaysian banks. We should take his words.

It should be good for Malaysia. He would be able to attract a lot of investments from Afghanistan, Yemen, Palestine, Syria, Iraq, Sudan etc and make Malaysia great again.

"Mbb share RM 8.69 can buy or not?"
Of course can buy but must hold for at least two years. Don't blame me if you lose money.

Never expect Tenaga to be so strong the past few trading sessions.

Already used the dividend to pay credit cards and utility bills. hahaha

Better to directly own RHB Bank. Some companies don't bother to pay good dividends after receiving windfalls from their investments.

Madani is only a political slogan. Did the Bersih, Cekap, Amanah campaign launched in 1982 achieve anything?

There must be reasons for its sudden surge and high trading volumes today. Could it be due to huge spike in earnings? Receipt of ICPT payments from government? Tariff increases?

RHB Bank is now trading at a PE of 8.5 and a dividend yield of 7.3%.

Except for an anomaly two days ago, Tenaga has been a star performer on Bursa for the last two weeks. Those who bought at under RM8.90 last week are now laughing to the banks.

Considering that its earnings for the last two years was almost 65 sen a share and dividend per share was 40 sen, it should have fared much better.

Surprisingly, RHB's share price hasn't been doing well for the past one year.

I make investments based on a company's fundamentals, not on beautiful charts. Bankrupt companies also can have good charts.

It was trading at above RM5.70 at the beginning of the year. Easily the worst performing bank counter this year.

Foreigners own 30.8% of CIMB Bank. Could they be the sellers?
https://www.cimb.com/en/investor-relations/shareholding-information.html

Better privatize this company and concentrate on casinos. It is a win win solution.

Fast recovery. No more below RM9.

It has been quite stable over the past one and a half years, staying at above RM5 for most of the time. Good opportunity for long term investors to accumulate.

Unlikely to hold above RM5. Kapal mungkin sudah bocor sedikit.

Some people appear to know quarterly results earlier than others and take early action!

When RWG writes, everyone laughs.

Tenaga dipped to RM7.89 a share in October last year and went up to RM10 in mid February. I don't think many bought at below RM8 due to fear of recession, high coal and natural gas prices then and rising interest rates. Just to let you guys know, Tenaga's total borrowings today exceed RM60 billion.

RM5.50? Pray hard for another much severe pandemic to strike.

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-05-10-story-h-271389841-Stocks_stumble_in_jittery_mood_ahead_of_US_inflation

All banks drop today but tiger performs much better than other banks.

Wow! Drifting towards RM5. Definitely a good long term buy at RM5 and below.

Quite a bad fall today. Hopefully can hold above RM9.

Why invest in counters that give you sleepless nights? I have gradually switched to bank counters, mainly RHB Bank and Maybank over the past three years and am not worried about price fluctuations.

Indeed. If you are expecting a counter that would more or less guarantee you a dividend payment of not less than 55 sen a share yearly, Maybank is the counter.

You are only consoling yourself. You didn't expect Genting to report losses for the final quarter last year did you?

Someone on this forum had recommended investors to sell Public Bank and buy Genting. Public Bank has gone up but Genting has come down. One can be sure that Public Bank would turn in a first quarterly earnings per share of at least 8 to 9 sen but can't be sure how much Genting would make.

Its first quarter results are due to be released within the next three weeks. Investors are expecting better results.

Sold all my CIMB one and a half years ago for a very small profit. Bought at just over RM5 a share in early 2020 and didn't average down. Switched to Maybank and RHB Bank to enjoy better dividend yields.

I thought of buying back what I had sold earlier once it dipped below RM8.60 but eventually decided to jump in when it fell below RM8.90 quite a few days ago. Looks like it is on uptrend again.

Maybank still received over RM1.9 billion in dividends for financial year ending 31 Dec 2022 after excluding its cash entitlement which was reinvested into securities. At RM8.75 a share, this amount could buy 217 million Maybank shares or 1.8% of its paid up capital. Considering that over 98.5% of Maybank shares are in the hands of those holding over 100,000 shares who are mosty long term investors and are unwilling to part with their shares. Should ASB use the dividend received to buy Maybank shares, there could be a sharp rebound. It is anybody's guess how high Maybank could go.

Local bank sentiment had already been affected when the crisis struck about one and a half months ago. Several weeks prior to the crisis, Maybank was trading at around RM8.75 and RHB Bank at RM5.75. Maybank dipped to RM8.26 and RHB Bank to RM5.45 during the crisis. Now most US banks have recovered, though not fully from the losses. Maybank has fully recovered (more than fully recovered if we include the 30 sen final dividend). RHB Bank still has 20 sen to go.

Maybank's paid up capital is already over RM12 billion consisting of over 12 billion shares. Perhaps taking note of this fact, the management has decided to do away with the DRP this time. lol