Congratulations for having made millions but hoping that TNB would drop to RM4.50 is just a dream, and probably a wet one.

Instead of waiting for RM4.50 to grow your money, why not grow your money immediately by shorting Tenaga if you are so sure that it would drop to RM4.50? Noise from empty barrels are disturbing the peace.

KY, I do know that many American banks are now trading at single digit PEs and I don't know the real reason. Apart from bank stocks, American shares are still very, very expensive. Dow, Nasdaq and S&P component counters are trading at an average PE of 45 to 50, even after numerous recent sharp falls. The subprime crisis of the US triggered the 2007-2008 world financial crisis. Citibank shares nose dived by over 95% and would be bankrupt without rescue. Bank of America also plunged by around 90%. It could this reason that caused investors to stay away from bank stocks. There is no reason why Maybank should mirror the performance of US bank stocks. When the US market broke record after record especially during Trump's presidency, our market didn't follow. Even if the US market drops by 50% from its recent peak, it is still trading at a PE of over 25.

@ccpool, treat the recommendations of the IBs as a guide only, not as a Holy Bible. I was only reminding some charlatans.

KY, there is a golden opportunity for you to make money, lots of money. Since you are so sure that Maybank would drop to RM4, and you may still give it a miss, why don't you short Maybank now? Short 1 million shares and when it drops to RM4, you stand to make over a cool RM4.5 million.

That's what empty vessels are good at, conning unsuspicious, naive investors.

NoUnderstand@empty vessel, so investment banks do not need to spend money on economists/stock analysts to carry out rigorous research work. Just employ an empty vessel.

When is RM5.80 coming? You have been talking about Maybank falling to RM5.80 for more than a year and I can't wait for too long.

@NoUnderstand, economists/stock analysts of investment banks have to do rigorous research to arrive at their TPs for TNB but you just plucked it from the air. People on this forum know who is being dumb. Empty vessels always make a lot of noise.

"All in" KY, there is no possibility of Maybank dropping to RM4 even if recession were to hit hard. However, Cypark may fall to 4 sen in a severe recession.

@Dumbass No Understand, if you are right, then the economists/stock analysts of the eight investment banks who had recommended a "buy" for Tenaga are wrong. Is this believable? Go and take up a crash course in English, Ok.

@KY, if you are so sure that Maybank, the most rock solid stock listed on Bursa Malaysia and the barometer of the health of the country's economy would drop to RM4, you shouldn't be buying any new shares and should dispose of all the shares you are holding today. Many other counters would fall by over 90% and Cypark may drop to under 5 sen. Why are you still recommending others to buy Cypark?

US bank stocks dropped to lower levels in March/April 2020 due to Covid19 than today. Maybank held steady at above RM7 then. Hoping that Maybank may drop below RM4 is just crazy. Only a very severe recession, with unemployment reaching 20% and KLCI falling to 600 points and the Dow at 7,000 points will result in Maybank falling to historical lows.

Lost almost RM9 billion last year, owes RM10 billion, NTA almost zero and a PN17 company, far too risky to bet on this counter. Not worth the risk.

Genting has fallen to attractive price again. It used to trade at RM8 to RM9 several years ago. It could be trading at RM8 to RM9 again in several years.

"RM 4.50 coming soon....Dicky's prognosis."
DickDick is back after a two week holiday. Already making two predictions within two hours that Tenaga would fall to RM4.50. Do not hijack this forum. You may be granted holidays again.

@NoUnderstand, you mentioned twice that BMIB has a "buy" call for Sapura at RM1.50. I suppose you really believe that Sapura would really rebound to RM1.50 from just 4.5 sen. Meanwhile, 8 investment banks had recommended a "buy" for TNB with TPs ranging from RM10.43 to RM13.60 but you keep insisting that it would soon drop to RM4.50 a share. Do you Understand their English by the way?

Don't beat around the bush. Which of the past 12 years did TNB register a loss? Is selling TNB and buying into banks recommended by you still valid? The probability of Sapura Energy being suspended and delisted is 1,000 times higher than TNB dropping to RM4.50.

"WS down again, expect for the worst, it's just the beginning.."
Wall Street performance has a short impact only on the local stock market. WS stocks are trading at an average PE of almost 50 even after the recent sharp falls. Bursa Malaysia counters are trading at an average PE of around 15.

@NoUnderstand, on the forum for Maybank investors, you keep repeating that Maybank would soon drop to RM5.60 but on this forum, you advised investors to sell Tenaga and buy into bank stocks. Where is your stand? How could people trust you?

Tell me why TNB still made almost RM900 million in the first quarter even after coal, oil and gas have spiked to new highs? Do you just want to deliberately spite people?

Even after winning a RM2.7 billion contract failed to trigger a speculative play. Sapura is sick to the core. Should avoid this counter completely.

The EPF chairman reports to me every day. He didn't inform me that he has met a person called Under No Stand.

Who called on people to buy Tenaga? Did you check with the EPF chairman that they would drive Tenaga's share price all the way down to RM4.50?

NoUnderstand, before you post any comment, have the facts and figures ready so that you can defend yourself later. Otherwise you are only making yourself a fool here.

Little boy, then sell whatever assets you have and buy Sapura. You investment should increase by 30 times. Don't miss the golden opportunity.

NoUnderstand, that's right, sell all Tenaga shares now and buy Sapura. Sapura will spike to RM15.00 soon.

Economists/share analysts have to carry out lengthy research before recommending a "buy" or "sell' call for any counter. You just pluck the figure RM4.50 out of the air.

"Is time to shift to the banking stock at this present time."
You totally lack credibility. You have claimed again and again and again and again that Maybank would drop to RM 5.60 but now you are recommending a switch to bank stock. What is happening to you now? Is Maybank dropping to RM5.60 soon or is it going up to RM15.60?

Which of the past 12 years had TNB made a loss? Just answer my question. 12 local investment banks had "buy" calls for TNB, are you telling me that you know more than the economists/stock analysts of the IBs?

@NoUnderstand, with coal, oil and gas at multi year highs, TNB still managed to make almost RM900 million in the first quarter. Without compensation from the government, it could have lost RM900 million. Which year did TNB incur losses? Please answer my question.

"Coal price is at it's peak."
Makes no difference to them. They can increase the tariffs. If tariff increase is not approved, the government will compensate them.
"Even not at it's peak TNB have make losses."
Which year did TNB make losses? It made over RM3 billion last year and in 2020.

@NoUnderstand, in 2014/15, when the Dow was at around 16,000 to 17,000 points, the KLCI was hovering at about 1,600 to 1,700 points. The Dow then went on to smash records after records especially during Trump's presidency until it reached its peak sometime in early January this year. The KLCI wasn't inspired by Dow's phenomenal rise and remained lethargic throughout. Why would DJI sharp fall now have significant impact on the KLCI? When the Dow drops by 50%, we will also drop, but the fall will be much. much less severe.

Short 1 million Ecoworld shares now. If it drops to 30 sen, you get a Mercedes for free. Why are you still waiting?

@Don.t understand, "Prudent investor. I started from 0 till millions and all through borrowing from along. It will definitely drop, mark my word."
How am I going to verify that you started from 0 and made millions? Perhaps you started from millions and went down to 0.

@Understand, you don't understand anything, otherwise you would not keep repeating like a parrot that Maybank would drop to RM5.60. Maybank was trading at around RM8.30 just over four months ago. Including the 30sen dividend, it is up 8.68 - 8.30 + 30 or 68 sen or 8% when the KLCI has lost at least 6 to 7%.

@Understand, you don't understand anything, otherwise you won't keep saying that TNB would drop to RM4.50 and the Government won't compensate TNB for not being able to hike electricity tariffs due to the cost increase in energy generation. Go and do some research.

If Ecoworld can maintain its earnings in the final two quarters and declare another 2 sen as final dividend, it is trading at a prospective PE of around 10 and a dividend yield of almost 6%. What more do investors expect?

Maybank should go up to RM11 in the run up to the next GE. Buy before it is too late. Those who think that it will soon drop to RM5.70 or RM5.80 should short Maybank now if you have the gut to do so. Plenty of money to be made if it drops by another RM3

Wow! Market cap now less than RM2.5 billion, from a peak of around RM30 billion. Now a feather weight company. Wonder how many small investors have made money. Sometimes you really have to pay to learn. Ok if you can afford to pay.

Coal expensive can increase tariff. If tariff increase not approved Government will compensate. TNB is not a Santa Claus. It still made around 16sen a share in the latest quarter.

Sometimes some charlatans will pretend to be experts and make wild predictions. They will only take you to Holland.

I think EPF's 42% controlling stake in RHB Bank is way too high. It should pare down its stake to around 30%.

Will dispose of all my shares on 31 June., even if it reaches RM0.50

The US stock market is a hyper casino. Many big company stocks used to trade at PEs of several hundred. You won't find any such company here.

Lizardman, MRCB didn't lose RM9 billion, MRCB's NTA isn't almost 0, EPF is its largest shareholder and there is talk of EPF privatizing it. It is obvious which counter is better.

Forget about Sapura and move to other counters like MRCB. MRCB is majority owned by EPF and there is talk of privatization.

Ya, RM5 is coming on the 31 June 2022.

For a company that is seriously sick, even God can't bring it back to life. Let's forget this company.

The Ringgit has dropped sharply against the US and Sing Dollars over the last couple of months. Malaysia's misery is Keck Seng's boon.