prudentinvestor

prudentinvestor | Joined since 2013-05-10

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Stock

2023-02-28 16:54 | Report Abuse

Maybank investors would get their final dividend entitlements earlier this year, the earliest in more than 10 years. Over the past 11 years, Maybank normally paid final dividend entitlements in June or July of the year but this year, we are going to get our final dividend next month.

Stock

2023-02-28 12:22 | Report Abuse

I am already very satisfied with last year's total dividend of 58 sen a share which translates into a yield of 6.6%. Doubt the EPF could pay more than 5.5% dividend for 2022.

Stock

2023-02-28 11:12 | Report Abuse

Vote pn and if pas is in control, Genting may have to close shop.

Stock

2023-02-28 10:35 | Report Abuse

There are small investors who are willing to sell Keck Seng shares at a meagre price of RM3.57 a share. It just shows their complete lack of confidence in the company. Incidentally, Keck Seng's net cash and its investments in listed companies are already worth over RM3.80 a share.

Stock

2023-02-28 10:02 | Report Abuse

RHB Bank should be re-rated. It should trade at a PE of at least 10 or around RM6.50 a share instead of a PE of under 9. Maybank and Public Bank trade at a PE of around 13. RHB Bank seems to have been neglected by investors.

Stock

2023-02-28 09:32 | Report Abuse

"When will see see RM9?"
@Pinky, this round of dividend payment doesn't involve the issue of drp shares. Hence there is no need to keep Maybank shares low. I am quite confident that you would see RM9 before it trades ex-dividend.

Stock

2023-02-27 22:20 | Report Abuse

@Amazonboy, DBS trades at over SGD34 a share while UOB trades at almost SGD30, more than 10 times Maybank's share price. However, Maybank has a dividend yield which is almost 50% higher than the yields of both DBS and UOB. Given a choice, I would still choose Maybank.

Stock

2023-02-27 16:39 | Report Abuse

EPF sold about 19.50 million RHB Bank shares over the last two weeks, more than the amount of drp shares it could be allocated.

Stock

2023-02-27 15:51 | Report Abuse

We have to thank EPF for keeping RHB Bank's share price depressed over the past few weeks so that small investors are able to buy RHB at below RM5.60 a share.

Stock

2023-02-27 15:07 | Report Abuse

drp only benefits institutions holding millions, tens of millions or even hundreds of millions of Maybank shares. For small investors like us, making RM50 from the drs is also a problem.

Stock

2023-02-27 14:35 | Report Abuse

Fire sale price, just buy. Won't lose money.

Stock

2023-02-27 12:45 | Report Abuse

Oh dear, what kind of mathematics is this? The largest percentage drop possible is 100% if its nta dropped from RM2.79 to RM0.00

Stock

2023-02-26 15:49 | Report Abuse

Very thinly traded everyday and very often it is not traded at all. This counter should have been taken private a long time ago.

Stock

2023-02-26 15:38 | Report Abuse

With Maybank, small investors can more or less predict how much it would earn and how much dividend it would declare. It is so predictable and consistent.

Stock

2023-02-25 23:03 | Report Abuse

I have no illusion about Keck Seng. That is why I used the word "should", I didn't use "will" or "would".

Stock

2023-02-25 22:52 | Report Abuse

Maybank's shares are tightly held by institutions. Those holding above 100,000 shares account for over 98% of Maybank total issued shares.

Stock

2023-02-25 22:31 | Report Abuse

Keck Seng has been paying 10 to 11 sen a share dividend for over 10 years but stopped paying any dividend in 2020 and 2021. Since it has made record profits in 2022, the company should declare a bumper dividend to compensate loyal investors.

Stock

2023-02-24 21:39 | Report Abuse

Excluding extraordinary gains, Keck Seng's earnings last year at over RM200 million or 56.65 sen a share was a record high. However record earnings is unlikely to translate into record dividend. I am expecting a final dividend of 6 sen a share. Anything extra is a bonus.

Stock

2023-02-24 16:43 | Report Abuse

Two investment banks having two vastly different opinions on Petronas Chem, one called for a sell with a TP of RM6.54, the other called for a hold with a TP of RM8.18. Investors are confused. Now toss a coin, head follow RHB-OSK, tail follow HLG.

Stock

2023-02-24 16:18 | Report Abuse

Oh boy, do you actually believe what you have written?

Stock

2023-02-24 11:48 | Report Abuse

Ambank's net profit for the latest quarter jumped by 12% from a year earlier. Let's assume that RHB Bank didn't perform as well as Ambank and its earnings in the latest quarter improved by only 6% from a year earlier to 16.5 sen a share, taking full year earnings to 63 sen a share and assuming also final dividend is maintained at 25 sen a share. At RM5.48, RHB is trading at a PE of less than 9 and a dividend yield of well over 7.

Stock

2023-02-24 10:17 | Report Abuse

Looks like today's fall is going to be more than yesterday's 40 sen drop. A few days ago, someone posted a comment on the i3investor for Maybank, ranting that Petronas Chemicals earned more than Maybank but hasn't been given the same valuation as Maybank. Investors now know why.

Stock

2023-02-23 16:22 | Report Abuse

Someone posted a comment on this forum several weeks ago arguing that Petronas Chemicals should be given the same or higher valuation than Maybank since its earnings exceeded that of Maybank. Today we know why. As far as consistency is concerned, Maybank is peerless.

Stock

2023-02-23 12:31 | Report Abuse

Ignoring dividends, RHB bank's 52 week low is RM5.42 (it was RM5.43 less than an hour ago) and 52 week high is RM6.31. Buying RHB bank at this level can't be very wrong.

Stock

2023-02-23 10:59 | Report Abuse

I hope Maybank could maintain its earnings at 2021 level after providing for 6% prosperity tax and pays at least 30 sen a share final dividend.

Stock

2023-02-22 17:12 | Report Abuse

@emsvsi, you mean skyrocket to RM12.88 so that retailer investors would start to jump in to buy Genting and push its price further to RM22.88?

Stock

2023-02-22 17:06 | Report Abuse

@sasword, don't bother to post any comments on the i3investor forums if you can't comply with the rules. I am surprised you have not been banned for life from the forums.

Stock

2023-02-22 16:17 | Report Abuse

"Waiting for 3.50"
@Goodprofit, be more realistic! Pray very hard for PN to win in Selangor.

Stock

2023-02-22 14:52 | Report Abuse

"actually u really trust their TP 100%?"
@happyking95, how to trust them 100% when their TPs differ widely. May be 50% but I would use their recommendations as a guide.

Stock

2023-02-22 12:17 | Report Abuse

They should have declared 50 sen a share final dividend instead of just 5 or 6 sen a share. Only people who are devoid of financial knowledge would keep so much money in the banks.

Stock

2023-02-22 10:58 | Report Abuse

@happyking85, several investment banks have recently come out with buy/hold calls on MRCB, RHB-OSK with a buy call with TP of 45 sen, Kenanga and HLG with hold calls with TPs of 34 sen and 37 sen respectively. Do you think these investments banks are out to deceive people to buy?

Stock

2023-02-22 10:31 | Report Abuse

The company has kept RM150 million cash in the bank for almost 10 years now and the management doesn't seem to know what to do with this vast amount of cash. Just declare a RM1 per share dividend. It is so simple.

News & Blogs

2023-02-21 20:22 | Report Abuse

He made such kind of statement to distract people from his wrong doings.

Stock

2023-02-21 20:08 | Report Abuse

I have no intention to keep Keck Seng any longer. Would consider selling when it reaches RM6 a share and call it a day when it reaches RM8.

Stock

2023-02-21 17:14 | Report Abuse

"2021-11-25 14:45 |
GLC link company hantu pon takut....all big loss making"
Claiming on 25-11-21 that all GLC linked companies were losing big money, lawrence86, you lack credibility. You have to explain why MRCB is not a good buy, just like RHB-OSK, Kenanga and HLG have given their reasons for their buy/hold calls on MRCB.

Stock

2023-02-21 17:00 | Report Abuse

@AqsadMohamad, tak perlu takut jikalau NPL naik. Top up saja setiap 6 bulan. Kita melabur saham Maybank untuk jangka masa panjang.

Stock

2023-02-21 13:10 | Report Abuse

Cepat's final quarterly earnings should be in the region of 2 to 3 sen a share, translating into full year earnings of around 13 to 14 sen a share. It is thus trading at a prospective PE of around 5.5

Stock

2023-02-20 21:42 | Report Abuse

MRCB has consistently paid dividend for the past seven years. Works out to a yield of around 3%. I have no complaint.

Stock

2023-02-20 16:02 | Report Abuse

"Cost as low as Rm1800 per ton due to Fertilizer price crashed by almost 80% & return of fruit hartesters"
@calvin, your assertion that fertilizer price has crashed by almost 80% is far from reality.
https://ycharts.com/indicators/fertilizers_index_world_bank

Stock

2023-02-20 15:40 | Report Abuse

You have to wait for CPO price to drop to RM2,000 a ton before you can see its price drop to 25 sen.

Stock

2023-02-20 15:16 | Report Abuse

Still prefer to buy bank stocks which consistently pay high dividends, rain or shine like Maybank.

Stock

2023-02-19 15:52 | Report Abuse

With EPF as its largest shareholder, MRCB will NEVER go bankrupt despite some naysayers regularly posting negative comments on this forum to scare away small investors.

Stock

2023-02-19 15:25 | Report Abuse

When investing in the stock market, extreme optimism or pessimism should be avoided. Extreme optimism or pessimism can result in irrationality. Prudence is the name of the game!!!

Stock

2023-02-19 11:46 | Report Abuse

No reason why EPF should sell RHB so aggressively. Preparing for withdrawals by distressed members again? I hope not!!!

Stock

2023-02-18 22:38 | Report Abuse

You have left out Facbind. It has a paid up capital of RM85 million, cash of RM151 million, practically debt free and available financial assets for sale at RM40 million. Closed at RM1.17 yesterday.

Stock

2023-02-17 23:15 | Report Abuse

Wow! Very aggressive selling by EPF, selling almost 14 million shares in just 5 trading days. No wonder RHB keeps dropping.

Stock

2023-02-17 17:18 | Report Abuse

2022-10-17 15:20
"Aha...expert all hilang, diving to the deep blue sea....hopefully nobody kena their rubbish grandfather story"
@lawrence 86, the above was what you posted on the i3investor forum for UEMS. UEMS closed at 19 sen on that day. It then went up to 30 sen on 29/11. It closed today at 25 sen, way above your forecast. What is your comment on this?

Stock

2023-02-17 12:14 | Report Abuse

Less than 140 million Keck Seng shares are in the hands of the public. The company only needs less than RM850 million to buy up all the public shareholding assuming it starts buying now and pays on average RM6 for the shares. So cheap to privatize Keck Seng.

Stock

2023-02-16 23:42 | Report Abuse

ASB buys and sells Maybank shares throughout the year. It has bought Maybank shares 6 times in a row over the past few weeks but prior to this, it sold Maybank shares 16 times in a row. You can hardly get any lead from ASB's sales and purchases.

Stock

2023-02-16 16:54 | Report Abuse

Do you think you have any chance of success?