Lost underwear liao, shy to admit haha......LOL
Karma......karma........

.....for dividend investor, it's slow collection time....
....get high dividend for these 2 years....and hope to see some paper capital gain in future.

Yes, good buy for long term.
....management has guided that spending will be high on IT spending in their M25+ plan....
....ROE will be around 10.5 to 11% in 2023 & 2024.....will only improve in 2025....

Posted by stkoay > 24 seconds ago | Report Abuse

.....put into this quarter......(smart accounting I guess)

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.........states election coming.....

https://www.freemalaysiatoday.com/category/nation/2023/05/24/only-banks-have-gained-from-opr-hikes-says-guan-eng/

.....put into this quarter......(smart accounting I guess)

......higher provisioning for the recently concluded collective agreement....

https://www.nst.com.my/business/2023/05/912822/maybank-net-profit-q1-rose-107pc-rm227bil?utm_source=nst&utm_medium=mostpoplatest

The bank's overhead cost was higher at RM3.05 billion compared with RM2.73 billion a year earlier as a result of an increase in personnel cost owing to higher provisioning for the recently concluded collective agreement and information technology (IT), marketing and revenue-related expenses.

EPS 18.79 sen, close to my forecast of 19 sen.
Some analyst have been expecting higher NIM compression due to competition for FD rates.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3354172

Posted by PityMe > 5 hours ago | Report Abuse

Maybank also bank why RM 8.61 rock solid?

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Karma at work on troll who used to spread fear in Maybank forum.

1.90 broken, so next support will be 1.80....
..hope no exceptional item in QR .....if got, I think 1.80 also cannot hold.

58 sen equal 6.75%.....quiet attractive liao....hmmm....

......down 20 sen equal yield up 0.15%.....haha :)

1Q report will probably be out on Wednesday 24th May.
......will wait for report to see if this is a good entry ....no hurry and no need to try to figure out why the selling....
....as dividend investor, fundamental (company's profit) matters....not price traded in market.

Agree with @linges on why we love :)

Today not as strong as yesterday :(

@linges, yes, just compile your cost and cash dividend received.....let DRP shares add to your total shares without cost.....easier like that :)

Hope it's about 19 sen EPS, then good chance it will trade above my M agical number :)

Look at the gloves stocks today......IB downgrade them, they up kaw kaw
This stock IB call buy but won't move....this is stock market...haha

Wow....today so strong....no red :p

The stock closed 2021 at 8.30
....closed 2022 at 8.70
....price closed higher by 40 sen during the year....plus dividend for the year at 58 sen....
....total gain for 2022 was 98 sen....versus close of 8.30....meaning the stock registered a gain of 11.8% for the year.

KLCI was trading in the range of about 1600 to 1800 in 2013.
Today, it's about 1400.
....meaning the market dropped 200 points, you still made reasonable returns if you have invested in Maybank :)

Received DRP 4 times.....number of shares 26 (factored in to my total shares without cost)
total shares bought from market thus was 524 cost at 4346.

Number of shares 550
Cost of shares 4346
Cash dividend received 506

(digits adjusted accordingly for all, to not show the actual value)

8.70 multiply by number of shares, plus total cash dividend received, divide by my total cost.

Correct......something bad is coming....and insiders sell first.

,,,,just like Ambank before they announce their 1MBD compensation....

....may be got exceptional item and big loss in the coming quarter report...
.....and insiders are selling first....

If you are targeting 58 sen for this year, I think you will probably get a bonus :)

Now, 8.80 is very special for me...
....cos at 8.80, my total return (on paper) will touch the M agical number :p

I bought first batch from March to early May 2021 at average 8.32.
2nd batch on November n December 2021 at average 8.02
...then a little in June and September 2022 at 8.61 and 8.93.

.....now still holding recent cash dividend waiting for good entry point....

1.95....very good price.
.....can do.....all in.....top up.......AGAIN

I started accumulating from March 2021.
My current average cost is 7.896, after factoring in DRP shares.
At 8.70, my total return (unrealized plus cash dividend) is 21.8%

....that is over just a 2 years duration....and the overall market is down during this period.

Stage 2 loans on the verge of default declined, reflecting improving asset quality, as borrowers transitioned out of repayment assistance programmes — BNM governor

Stage 2 loans on the verge of default declined, reflecting improving asset quality, as borrowers transitioned out of repayment assistance programmes — BNM governor

https://www.theedgemarkets.com/node/666714

Stage 2 loans on the verge of default declined, reflecting improving asset quality, as borrowers transitioned out of repayment assistance programmes — BNM governor

May be :p

2.00 support broken, very weak indicator.....

CIMB now has very high foreign holding, while Maybank got much lower...
so, when market in uptrend, CIMB will go up more.....
....during downtrend, Maybank will be more stable due to lower foreign holding and support from ASB.....and also EPF.

In 2020, I bought CIMB, no Maybank....
In 2021 I reduced CIMB, accummulate Maybank.
Now, I hold a lot of Maybank while keeping some CIMB as souvenirs :)

Yes, I came across one many many years ago in one of the super penny stock....MP Corp if am not mistaken..... (recommended by calvintaneng) ....this "shooter" can write long long very detail story to promote the stock.
The stock dropped to below 10 sen and got delisted already.
calvintaneng lost his underwear in this stock....haha.

@linges, yes agree. I normally would wait for good entry point to do DIY DRP :)

When EPF pays you dividend, do you take it out?
The money stays in their portfolio.
ASB pays dividend in units which is reinvested automatically.
.....some investors might withdraw these units, but looking at their fund size each year, most of these units stay.....

Yes agree, there's less upside potential compared to higher beta stock....it's for putting big amount for steady return with lower risk....esp Maybank where it's the biggest holding of ASM and ASB.

Yes choysun has a diversified portfolio which includes many banks.....he is more heavy in Genting, he said.

Lately, he must be feeling very stressful seeing Maybank investors getting richer....haha...LOL

@prudentinvestor, I doubt that "someone" even have any Genting, he is just a non investor spending his free time trolling in forum, trying to irritate rich investors....haha.

https://www.thestar.com.my/business/business-news/2023/05/09/market-to-gain-from--epfs-domestic-proposal

Wow, very good homework done.
....this is what I call smart investor :)