prudentinvestor

prudentinvestor | Joined since 2013-05-10

Investing Experience -
Risk Profile -

Followers

9

Following

0

Blog Posts

0

Threads

4,480

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,480
Past 30 days
81
Past 7 days
11
Today
0

User Comments
Stock

2023-05-08 14:21 | Report Abuse

With over 3.8 billion Maybank shares, ASB's total dividend receipts from Maybank alone should amount to over RM2.2 billion per year. This should constitute around 20% of ASB's yearly income. Not a small amount.

Stock

2023-05-08 10:19 | Report Abuse

With earnings per share at around 65 sen and dividend at 40 sen for the past two years, RHB Bank shoud be trading at RM6.50. Anything less is illogical.

Stock

2023-05-07 19:35 | Report Abuse

The US stock markets won't react so positively to an impending default. The possibility of a default is actually very small.

Stock

2023-05-07 16:35 | Report Abuse

Friday's huge spike in Dow, S&P500 and Nasdaq suggests that a settlement may have been reached.

Stock

2023-05-07 16:29 | Report Abuse

Investors who had bought RHB Bank at over RM6 a share about a year ago and did not average down still lose money even if the total dividends received/pending (65 sen a share in total) are included. Looks like RM6 is still elusive. Hopefully this is achievable by the month's end.

Stock

2023-05-06 21:10 | Report Abuse

Companies with high debts would be badly hit.

Stock

2023-05-06 20:58 | Report Abuse

DBS is a very well managed bank. I remember when it was still listed on KLSE 40 years ago, its share price was only about RM11 a share.

Stock

2023-05-06 20:50 | Report Abuse

Keck Seng keeps most of its RM1 billion cash in US and Singapore Dollars. Any drop in the Ringgit against the US and Sing Dollas would also benefit the company.

Stock

2023-05-05 19:35 | Report Abuse

Jangan usik dia anak Saturn. Dia masih berupaya mematuk awak. Masih kena berhati-hati.

Stock

2023-05-05 19:30 | Report Abuse

For a cash rich company like Keck Seng, interest rate rises should benefit it tremendously. With a cash pile of RM1 billion, each percentage rise in interest rate should bring in an additinal pretax profit of RM10 million to the company. However, the perfomance of Keck Seng shares doesn't seem to indicate that it has benefitted anything at all from the rate rises.

Stock

2023-05-05 16:20 | Report Abuse

"PN have 126 numbers"
Just like you claimed repeatedly over a month ago that Maybank would become Signature Bank, Public Bank would become First Republic Bank and CIMB Bank would become Credit Suisse, nobody believes it.

Stock

2023-05-05 15:58 | Report Abuse

Just look at the total buy and sell order quantities, we can guess that retail participation is negligible. The big boys are buying and selling among themselves.

Stock

2023-05-05 15:16 | Report Abuse

Over the past three to four years, I had only recommended bank stocks to those who sought advice on investments in the local stock market. I am also waiting for opportunities to reduce my holdings in some other not so prospective counters and switch to Maybank and RHB Bank.

Stock

2023-05-05 14:27 | Report Abuse

Go to the i3investor forum for Genting, some jokers have recommended to sell bank stocks and buy Genting.

Stock

2023-05-05 11:48 | Report Abuse

Trying to cross the RM9 hurdle. Shouldn't have any problem overcoming this resistance.

Stock

2023-05-05 10:14 | Report Abuse

Tak boleh naik, kurang tongkat ali.

Stock

2023-05-05 09:58 | Report Abuse

Had recommended a relative to buy Maybank about two years ago and she invested over RM60,000 at just under RM8.00 a share. Now including the dividends she received her capital gain is over 22% in two years. Had she kept her money in the bank, she would have earned just 7% in these two years.

Stock

2023-05-05 09:05 | Report Abuse

"Everybody knows. It's no secret"
Every Maybank shareholder and every person who post comments on this forum know. Many of those who don't own Maybank shares may not know. Most of those who don't own any shares don't know.

Stock

2023-05-04 20:07 | Report Abuse

If more and more people know the true value of Maybank, its share price would go up. Hurrah!

Stock

2023-05-03 23:04 | Report Abuse

@ATK, typical kiasu fellow. You can claim to have posted some time ago that you usually trade abt 1.5m to 3m GenB shares but that is of no consequence. What is important is your reply a week ago to my comment which I now again repost it verbatim below.
"Many also claimed abt their auto lowering average prices, their 90m fund size etc which we all know these are fakes. If they want to publicly disgrace themselves then let them be. Up to people to decide who is talking kok and who is not. I know I bought 1m shares at 2.97 and further scaled up position on that Nov 2020 rally. I trade this stock in millions of shares. The fake ones always like to falsely accuse me a fake trader. I posted my real trading records a few times here as proof Im not talking kok here."
"Im sure there are some here bought at rm8.00. Sad but thats the reality of the inherently risky stock market. Defence is more important than offense. Not much choice now but to hold long term, let the Taurx success play out fully. Im confident price can go above rm10 eventually."

Where is your " I usually trade abt 1.5m to 3m GenB shares" in the above comment?

Stock

2023-05-03 22:08 | Report Abuse

You claimed to trade Genting shares in the millions. I didn't say it was 9.9 million shares but asked if it was 9.9 million. Anything wrong with such kind of suggestion? Did you pass your primary school mathematics? Let me educate you here, millions can be anything from 1,000,001 to 9,999,999.

Stock

2023-05-03 21:17 | Report Abuse

Even with a 0.25% hike in OPR, the Ringgit still lost ground against the US Dollar, Euro and British Pound and gained a little against the Australian and Sing Dollars. Our currency is too weak.

Stock

2023-05-03 21:03 | Report Abuse

"You were wrong to put in the 9.9m shares figure when I already said before I usually trade 1.5m to 3m shares."
@ATK, you claimed to trade Genting shares in the millions and I asked you if it was 9.9 million. Didn't you see the question mark after 9.9 million? Don't put words into my mouth.

Stock

2023-05-03 20:49 | Report Abuse

"FYI Justborn already admitted he did not have those over RM90m cash. Argue with me over this for what?"
Whether he admitted to having this over RM90 million fund or not makes no difference to me. I have already written several times that if you think anything posted here is credible, then every other thing is credible. Did you not understand what I wrote? Who started this argument? Let's be honest.

Stock

2023-05-03 20:08 | Report Abuse

It seems ATK can't be wrong, only others are wrong.

Stock

2023-05-03 19:55 | Report Abuse

@ATK
"lol 2.5b… Destiny rich o"
He has already replaced LKT to become GenB 's new MD. Must address him as MD henceforth.
9 hours ago
What's wrong with the above post of mine? What's wrong with someone who claimed that he had a RM90 million fund to invest in Genting? People who live in glass houses should not throw stones. As I had written earlier, if you think anything posted here is credible, then every other thing is credible. Didn't you see the question mark after 9.9 million? Don't put words into my mouth.

Stock

2023-05-03 18:09 | Report Abuse

@ATK
"2m is not plural in millions?"
So is 9.9 million. It is millions.
"I usually trade abt 1.5m to 3m GenB shares"
Even 3m GenB shares would cost a vast amount of money. Which one did you mean? Hourly, daily, weekly, monthly, yearly?
"This 9.9m shares figure is what you are falsely accusing me."
It is you who is wrongly accusing me. One lesson learned here is don't stick your neck out and get chopped.

Stock

2023-05-03 16:43 | Report Abuse

@stkoay, the most important thing is both of us have full faith in Maybank.

Stock

2023-05-03 16:39 | Report Abuse

"Many also claimed abt their auto lowering average prices, their 90m fund size etc which we all know these are fakes. If they want to publicly disgrace themselves then let them be. Up to people to decide who is talking kok and who is not. I know I bought 1m shares at 2.97 and further scaled up position on that Nov 2020 rally. I trade this stock in millions of shares. The fake ones always like to falsely accuse me a fake trader. I posted my real trading records a few times here as proof Im not talking kok here."

"Im sure there are some here bought at rm8.00. Sad but thats the reality of the inherently risky stock market. Defence is more important than offense. Not much choice now but to hold long term, let the Taurx success play out fully. Im confident price can go above rm10 eventually."
@ATK, the above was a comment you posted a week ago and I now repost it here verbatim for you to read again. You claimed to trade Genting in millions of shares. Did you say you only traded once in such a huge quantity? Aren't 9.9 million shares also considered as millions of shares? Where have I wrongly accused you? Where have I put words into your mouth?
"You still believe he really has over RM90m cash"
Didn't understand the message I was trying to convey.

Stock

2023-05-03 15:59 | Report Abuse

@stkoay, I was trying to be conservative. One should not write off the possibility of a recession in the later part of the year. I am happy if earnings per share could improve to 72 to 75 sen a share this year.

Stock

2023-05-03 14:51 | Report Abuse

So slow? You dont understand DestinyL's joke? It was made in response to someone's claim of having over RM90m cash, bought many millions of GenB shares, selling for many weeks already and still claim to be selling while bad-mouthing this stock non-stop"
ATK, you are even slower. If you think anything posted here is credible, then every other thing is credible. How many times have you been conned by scammers? Don't forget that you also bragged to me that you trade Genting shares in the millions of shares (9.9 million shares each trade?) At least someone stated it was a fund of RM90 million which could belong to others.

Stock

2023-05-03 09:58 | Report Abuse

"lol 2.5b… Destiny rich o"
He has already replaced LKT to become GenB 's new MD. Must address him as MD henceforth.

Stock

2023-05-02 19:48 | Report Abuse

Like father like son, like grandfather like grandson.

Stock

2023-05-02 15:41 | Report Abuse

Has been giving small investors false hope for over one and a half years.

Stock

2023-05-02 14:37 | Report Abuse

MRCB should be trading at above 50 sen a share but investors are worried it may fall below 30 sen a share. All because EPF is not supporting it.

Stock

2023-05-02 12:15 | Report Abuse

Some of my Keck Seng shares were bought about 30 years ago. Can't wait for another 30 yeas unless old fox could tell me his secrets for longevity.

Stock

2023-05-02 08:46 | Report Abuse

RM8 a share would be the right price. Still 50% discount to its nta if all assets are revalued.

Stock

2023-05-01 23:08 | Report Abuse

The Dow, Nasdaq and S&P 500 indices have all recovered fully from the March lows after the failure of Silicon Valley Bank and Signature Bank.

Stock

2023-05-01 21:53 | Report Abuse

Don't worry about the headwinds. Boleh Tepat Boleh would just dream about M1.50 and the price would go up to his dreamt price.

Stock

2023-05-01 21:17 | Report Abuse

RHB Bank's earnings this year should improve slightly, reflecting a projected 4% economic growth and an absence of prosperity tax. Hopefully after the release of its first quarterly results, its share price would rise to above RM6.

Stock

2023-05-01 16:39 | Report Abuse

Without prosperity tax and a projected 4% growth in Malaysia's economy this year, Maybank's full year earnings should improve to at least 70 sen a share.

Stock

2023-05-01 16:27 | Report Abuse

"Woww another bank fail - seems like 1 collapse every month
Wonder which bank stock nxt go to 0"
@DayDreamers, after the collapse of Silicon Valley Bank and Signature Bank almost two months ago and First Republic Bank's share price nose dived from over $110 a share to about $13 a share in less than two weeks, its collapse is more or less anticipated. Nothing surprising. Certainly no banks in Malaysia, notably Maybank would collapse.

Stock

2023-04-28 15:52 | Report Abuse

Government should award it more contracts to benefit EPF's over 13 million members.

Stock

2023-04-27 21:51 | Report Abuse

Not easy to make money from DRP. Even if you own 100,000 shares, you are still unable to make more than 1k.

Stock

2023-04-27 16:47 | Report Abuse

I hope not but should it drop to RM0.28 again, I would top up a bit to bring down my average cost.

Stock

2023-04-27 16:11 | Report Abuse

RHB Bank has declared a final dvidend of RM0.25 per share. Out of this amount, investors can only use RM0.05 per share to subscribe for DRP shares at RM4.74 per share. The rest would be paid in cash to investos.

Stock

2023-04-27 15:16 | Report Abuse

Those who had bought at over RM1.10, thinking that it might go up to RM1.50 or even RM2.00 have now lost over 15% of their investments. Now don't know how long it would take to recover their money.

Stock

2023-04-27 11:43 | Report Abuse

RHB Bank's average earnings per share over the past 13 years was 58.4 sen but it has paid out less than half as dividends. It has the capacity to declare a one for one bonus issue.

Stock

2023-04-27 10:41 | Report Abuse

@DayDreamers
"@prudentinv since u very slow @ cannot see own ridiculous nonsense, i’ll xplain 1by1
U want me ask friends see how many think MY bank collapse - ofcos 0 lo
Same with western bank - absolutely 0 bank investor think their shares can become 0 (but thats what happen)
Just b’coz nobody think bank will collapse, u think wont happen meh
Now can see ur unbelievably ridiculous question/analogy mo aiyoyo"
The three Western banks which collapsed recently faced a myriad of problems. The reasons for their failure are readily available on the internet. Banks in Malaysia have non of these problems. Your argument is purely academic. The probability of a commercial airliner crashing down and kill you is likely one in tens of trillions. Based on your argument, this could still happen.