usually YTL purposely act slowly on their actual intention. we do not need to rush in.

i think the drp price will be higher than previous 9.2.. fyi, maybank lately no more offer new esos to their staff already. and the last esos given to their staff is at 9.65. i think the price wont go too much variant on 9.65

tanah nair, please find a evidence before you post here, if your news is so true, the volume wont be less than 100000shares trade. this more like an adjustment for future right issue. but i agree sell is a short term strategies.

sure selling, because they wan tot get cheaper drp, have to suffer for another 2 weeks.

the price target setup in here really funny... all security firm said buy buy buy, but the market is drop on everyday.

new share rm310m issued to ytl holding, and the rm500mil still not confirm yet

mbb CEO already told u 2014 year ROE is 15%, now u afraid pula... dont you think best in SEA is good things to u? u want further heigh? then u have to consider rbs, citibank, and all thus oversea bank lo

hold la, already close to bottom, when right issue, make sure u subscribe

guess who can get 80 sen the most?

if after ex, the price is at 87sen, and the price firm for 10 days average. the issue price to be 80sen. that tan sri already said he can get $310m, (it is more than 33% of the whole share issue by ytlreit.)

i have done a very brief calculation:


initial return:
price:0.89
dps: 7.9144 (=1.978sen*4)
d.yield: 8.892

after issued rm810m new share:
price:0.89
dps:4.709
D.yield: 5.291

if $790m used for pay dept,
dept interest save: $35m
$35m/2billion total shares = $0.0169/share

new return after paid dept:
price:0.89
dps:6.399
D.yield: 7.189


if you want 8% gross dividend on 6.399 dps, your price should rm0.800..

x date 5th mar

thanks jpleow

here is what i referred, i notice maybank actually hit 2014 target somehow, but if u all read the latest accounts book i notice a -1bil in cash flows.. not sure what happend.. it is a huge money lost that we should understand :

http://klse.i3investor.com/servlets/ptres/20989.jsp

Dividends. We expect a final net DPS of 28.5 sen (4Q12: 28.5 sen net), bringing the full-year net DPS to 51 sen (FY12: net DPS of 52.5 sen). This assumes a net payout ratio of 70%, which is likely to be on the
conservative side given that Maybank has been paying out 74-80% of its earnings in the last four financial years/period.

if u want to invest in maybank, u need to always accumulate from their DRP. thus hold the share for few years will found the maybank dividend is actually increased. the dividend lesser might due to the share quantity increased on previous DRP. by right the dividend is more than expected. you can refer to RHB lately research, their estimation only around 28.5 sen

27 Feb 2014 GMT
u can always check from the dowjones news calender