Wow! UlarSawa the big python challenging the rest. Berapa lama boleh tahan?

Oh little boy, stop being self-righteous! Did I point a gun at potential MRCB investors and threaten to shoot if they refuse to invest in MRCB? Please give reasons why you think MRCB is a junk. Can you advise the EPF to get rid of this junk as soon as possible? You should also write to all the Investment Banks and tell them to stop issuing buy calls.

@lawrence86, those who had recommended MRCB a buy had already given their reasons. Can you give your reasons why we should avoid MRCB? We eagerly await your reply.

@UlarSawa the Python, last time sold expensive expensive at above RM7, now buy cheap cheap at 70 sen. Sold one last time can buy ten this time. Not bad.

This is what I call a person misusing his privilege.

"Haiyoh. Taikor weightage on klci is very small only lah. Nothing to talk about lah. Haiyoh. Correct?"
@Ularsawa, Top Glove's weightage in KLCI today is very small but it was over 6% two years ago. Remember it was the company with the second biggest market capitalization listed on Bursa after Maybank? Everyone thought it might overtake Maybank to become the company with the largest market capitalization listed on Bursa. You ought to be very excited then.

Top Glove never traded above RM30 a share before the 2 for 1 bonus. After the 2 for 1 bonus, the highest price reached was around RM9. So it has tumbled by over 90% from its peak. This is extremely bad for a KLCI Index component counter, maybe the worst in history.

At the peak of the pandemic and before any vaccine was made available, demand for gloves skyrocketed and prices jumped to the sky. Existing players expanded their capacities and new players jumped into the fray. As conditions began to improve with the roll out of vaccination, demand started to drop and glove price dropped. Whom to blame for the overcapacity and price slump now?

Hope it can go up to RM8.86 again by this weekend. Another 12sen to go.

"Malaysia's Kuala Lumpur Composite Index (KLCI) which have returned a measly 40% over the past 30 years,....."
Can't be just 40% return in 30 years. 400% is more likely.

@kyliew, below was what I read somewhere and I now post it verbatim for you to read.
"The American stock market currently appears to be overvalued by 40%. In other words, it would take a 29% drop to bring the market back to its long-run equilibrium level. At the last all-time high, on November 8, 2021, the market was 86.6% overvalued."

RHB isn't doing as well as Maybank lately likely because the big boys want to keep its share price low so that they can get more DRP shares.

I thought higher interest rates should benefit banks. It should touch RM9 instead.

Knowing the attitude and the mentality of its directors, investors will likely be paid an interim dividend of 4 sen again this year.

At RM8.60 a share, Maybank is trading close to its early 2020 levels. Investors who had bought Maybank then and remain invested until today had already received dividends totaling 149sen a share. Those who continued to buy as it dipped towards RM7 during the final quarter of 2020 would have made more.

MRCB has borrowings which exceed RM2 billion. Interest rates increases are bad for the company.

Can't go very wrong buying Maybank, especially during crisis time.

@alenac, I only trust something that has been reported to Bursa rather than something that I heard on the grapevine.

Maybank held up very well today despite catastrophic falls on Wall Street. The last time it traded ex-dividend on 16 March, its share price went up by 12 sen. Hopefully this feat is repeated on 19 Sept.

DBS share price is over $33.50 or almost RM110.00 a share, more than 10X Maybank.

"Going 8.50 then 5.80"
You were so optimistic of Public Bank, claiming that it would fly like SpaceX. Any reason why you particularly like Public Bank?

Brent crude has dropped from a peak of $129 a barrel in early March to around $90 today. It will continue its uptrend and Sapura will spike to RM1.00 soon.

Since the 18th of last month, ASB has already disposed of over 74 million Maybank shares (almost 2% of its total holdings) but its price keeps going up. This is a good sign.

Target price keeps being lowered! At 79 sen a share, it is already down by over 90% from its peak two years ago. A lot of wealth has been destroyed.

No limit up today, down 2 sen. Your forecast not accurate.

Tenaga's total borrowings exceed RM50 billion. Any hike in interest rate is a bane to the company, not a boon. No Heng, no Ong and no Huat. Too bad.

Not bad if we go to Holland together with EPF but I doubt you know why it dropped today.

No speculative play on MRCB for many months now. Its share price has stayed below 50 sen for over a year now. Hope MRCB could catch the attention of investors/speculators as the date for GE15 draws closer and closer.

Investors should receive the dividend payment before the end of October.

@kyliew, why invest in the US market when you can buy Maybank which offers dividend yields of over 6%?

Time to say bye bye to Serba. Salvage whatever you can and switch to other counters. Never fall in love with any counter.

No problem scaling to RM10.50 to RM11 should GE15 be held this year. Even at RM11 a share, its dividend yield is still over 5%.

I thought you were quite supportive of him.

"9.6 million shares done in single trade at 8.97 during pre close"
This has to be the work of institutions. Uptrend should be intact. Don't sell your Maybank for the time being.

The quarterly results for the past few quarters were released a few days before the month end. Don't know why the company waits until the last day this quarter. Is it because the results are not up to the mark?

Earnings this year shouldn't be less than 60sen a share. Assuming dividend per share remains the same as last year, then RHB is trading at a PE of less than 10 and a dividend yield of almost 7%. It should be trading at a more reasonable PE of above 12 or above RM7 a share.

Huge spike in earnings for the April to June quarter due to record palm oil price and weak Ringgit. Hopefully this can translate into a record interim dividend.

Despite Wall Street's sharp falls last Friday, many KLCI component counters, especially the GLCs have held up well. A number even register decent gains. This could be a sign that GE15 is imminent.

Maybank detractors who regularly post comments saying that it would soon drop to RM5.80 must be very disappointed. I hope they stop wasting their time.

Instead of keeping your money in banks (and you risk losing it through scams), why not invest in Maybank? So simple and yet so safe!

Oh gosh, this kind of pseudonym shouldn't be allowed.

RHB Bank has significantly increased its dividend payout from an average of 21 sen a share for the years 2017 to 2020 to 40 sen last year. This year's dividend payout should be maintained or even increased as its largest shareholder needs to replenish its coffers due to heavy withdrawals by its members. Fingers crossed.

Good time or bad time, Maybank has never let down its shareholders for more than a decade. It would continue to deliver.

Slowing climbing up the mountain to reach RM15 within 5 years, including dividends. It is unstoppable.

No jokers promoting grandfather stories here, only selfless, experienced investors giving valuable advice to new investors. They make their own decisions.

I am a bit worried about the Ringgit's depreciation against the US$ and a rising interest rate environment. Tenaga has over RM50 billion in outstanding loans, over RM8 billion is in US$. The Ringgit had dropped by 21 sen against the US$ from 31 March to 30 June. This translates into a foreign exchange loss of over RM400 million for the April to June quarter though this is partly compensated by the Ringgit's gain against the British Pound and the Japanese Yen.

Lucky to have sold some and switched to Maybank. Hopefully Maybank can declare a bumper dividend next Friday.

I predict Maybank to go up to more than RM15 in less than 5 years, including the dividends.

The economy grew by 8.9% during the April to June quarter. Like Ambank, Maybank should perform better this quarter than the previous quarter. Its share price has already reflected this.

Finally broke RM9 and en route to RM10 before the next GE. Hopefully RM9 now becomes the support level.