prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2023-04-12 17:00 | Report Abuse

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

Stock

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.

Stock

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.

Stock

2023-04-12 15:37 | Report Abuse

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

Stock

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So you have withdrawn all your money from the banks and put all into Genting.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.

Stock

2023-04-12 15:08 | Report Abuse

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

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

2023-04-12 10:52 | Report Abuse

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

Stock

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.

Stock

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

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

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.

Stock

2023-04-06 22:51 | Report Abuse

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

Stock

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.

Stock

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.

Stock

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.

Stock

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?

Stock

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.

Stock

2023-04-03 21:45 | Report Abuse

Maybank's recent low was RM8.26 and to go up to RM9 it would have to rise by 74 sen or almost 9%. This is quite a big climb for Maybank and it happens only once a year or even longer. I would definitely take profit if this materializes.

Stock

2023-04-03 10:03 | Report Abuse

CannonTan, don't waste time on oil palm counters. Sell all your oil palm stocks and switch to bank counters like Maybank and RHB Bank which would offer much better dividend yields in the long run.

Stock

2023-04-01 12:06 | Report Abuse

Waiting for an opportunity to sell half of my MRCB investments and switch to bank counters to get better dividends. Hope don't have to wait for too long.

Stock

2023-03-31 23:16 | Report Abuse

CannonTan at it again. Palm oil price has tumbled by over 40% since last year. Better sell all your plantation counters and switch to safer investments like Maybank , RHB Bank, CIMB bank.

Stock

2023-03-31 23:12 | Report Abuse

CannonTan, palm oil price has already dropped by more the 40% from its peak last year. No plantation company can match the consistency of Maybank in rewarding its shareholders with bumper dividends, which averaged 55 sen a year for more than 10 years., giving a dividend yield of over 6%.

Stock

2023-03-31 22:58 | Report Abuse

BigCannonTan, Maybank has been rewarding its shareholders consistently with bumper dividends of around 55 sen a year for over ten years. Tell me one plantation company that can come near to Maybank's feat. Check RHB Bank's earnings for the past 13 years and then come back to me and tell me which plantation company has such kind of earnings.

Stock

2023-03-31 16:56 | Report Abuse

Don't have to worry too much about what EPF does. It buys and sells its portfolio throughout the year, often for no apparent reason. Worry about RHB Bank's earnings and the quantum of dividends it pays.

Stock

2023-03-31 14:49 | Report Abuse

Never fall in love with glove counters now. Got profit just take!

Stock

2023-03-31 11:02 | Report Abuse

Hope it builds a base at the 34 to 35 sen level before moving upwards and not drop back to 30 sen again, otherwise confidence that has slowly built up over the last few days would dissipate.

Stock

2023-03-31 10:36 | Report Abuse

At the company's AGM every year, the management would seek shareholders' mandate for proposed share buy back by the company but they take no action after that. Don't know why they want to waste time on this.

News & Blogs

2023-03-30 20:48 | Report Abuse

At almost 98, he should spend the remaining part of his life begging for forgiveness from God instead of sowing the seeds of racial discord.

Stock

2023-03-30 17:27 | Report Abuse

Keck Seng normally announces timelines for final dividend payment in the first week of April. Should the directors decide to compensate investors for the loss of dividends for years 2020 and 2021, there is still hope that its share price may recover.

Stock

2023-03-30 16:56 | Report Abuse

You won't be able to find more than 5 counters listed on Bursa Malaysia which are trading at PEs of less than 9 and dividend yields of 7.5%.

Stock

2023-03-30 16:11 | Report Abuse

@myloh123, worried that RHB Bank might fail like SVB and Credit Suisse? Don't scare yourself. EPF is selling but other institutions are buying, that's why RHB didn't drop much.