https://theedgemalaysia.com/node/675819

KUALA LUMPUR (July 24): Bursa Malaysia's key index rallied to close higher for a third straight session on Monday (July 24) on continuous foreign buying support mainly for banking stocks.

@linges....good to hear, hope you had a great time....Tiger welcomes you back with nice move :)

Today, is just warm up......much more to come.

Today, my 2 heavyweight tiger & sotong are kuat.
...the little people who spend his free time monitoring other people's wealth, must be very angry....haha.

Rich investor keep tiger in locker, no need to monitor, go for long holidays....Welcome back @linges.
....where did you go? come back today and so happybuying :)

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20230718.pdf?t=1689739161

Only one bank left in the list :p

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20230718.pdf?t=1689739161

Cannot find CIMB in the list.....if not mistaken, it was there few weeks ago when I last checked.

@cwc1981, if you are collecting, do you want it to be high?
....how the banks traded today, i read it as a good sign :)

For strong hands and those still with bullets....
.....huat time is coming......

The big boys start to warm up liao.....
.....hope there will be more warm up..... :)

Wow.....trader bought the wrong stock :p

Nice....most banks hold on to last week gain...
....unlike some which gave back almost all gains.....haha.

Nice......meow meow meow :)

The quantum of the dividend will be announced together with 2Q23 report at the end of August, probably around 25th.
The payment will probably on end September.
....previously used to be end October, but after change in CEO, it has been expedited...
....the latest was paid in March 23 instead of April.

The recent sell down of banks stocks was mainly sold by FF....not so much on MBB probably bcos of different investors .....MBB is for yield and more long term investors

@jeffchan1901....that article was on June trading.....if I have not mistaken, May was also the same.

stocks to me not sentimental... i invest to make money not to make love to my portfolio la

@jeffchan1901.....smart investor :)

BNM holds OPR....most banks closed green 😊

.....sotong remains so strong :p

BNM holds OPR....most banks closed green 😊

.....hopeful for 29-30 sen come this August.

.....only check on end February and end August to see how big "ang pow" our company is giving us :)

Maybank IB named Public Bank Bhd, Petronas Chemicals Group Bhd, CIMB Group Holdings Bhd, Tenaga Nasional Bhd and Hong Leong Bank Bhd as the top five stocks in Malaysia sold by foreign investors in June.

The market top buys were Malayan Banking Bhd, Gamuda Bhd, YTL Corp Bhd, Westports Holdings Bhd and Malaysia Airports Holdings Bhd

https://www.nst.com.my/business/2023/07/927526/foreign-investors-sell-rm135bil-malaysian-equities-june

https://www.nst.com.my/business/2023/07/927526/foreign-investors-sell-rm135bil-malaysian-equities-june

https://theedgemalaysia.com/node/672586

The research outfit’s top picks from the banking sector are RHB Bank Bhd (8.0% in FY2023) and Malayan Banking Bhd (7.1% in FY2023).

https://theedgemalaysia.com/node/672586

“In a lacklustre market with low trading volume, uncertainty prevails. However, dividend yield stocks shine as a promising avenue for investors seeking stable returns.

Meanwhile, the financial sector and the consumer sector, particularly banking stocks, presents an enticing opportunity with attractive dividend payouts.

https://theedgemalaysia.com/node/672586

“In a lacklustre market with low trading volume, uncertainty prevails. However, dividend yield stocks shine as a promising avenue for investors seeking stable returns.

Meanwhile, the financial sector and the consumer sector, particularly banking stocks, presents an enticing opportunity with attractive dividend payouts.

@jeffchan1901, RHB is cheap in term of valuation...but the stock hardly moves.
I bought it at 4.60 in September 2020, not much profit.
CIMB n Maybank would have been a better buy at that time.
May be it's because it's a mid cap, when institution buy, they gave priority to big cap like MBB and CIMB.

If you buy some other so call recovery stock....if you enter wrong time, you might suffer paper loss as high as RM1 at current price......

Since pandemic till now, at any time, any price you enter and hold till now, you still make good money....why Tiger investors not happy ?? :)

Share price move so strong probably because the "all in" cut loss liao haha :p

Today, Banks are Green Green.....color which is good for the eyes :)

......... old foggies here enjoying their yield and steady income stream, dont ask why they have what they have and what they did the things they do to enjoy where they are now.... peace

Very well said.

@prudentinvestor,

As @linges mentioned, most people started new by punting speculative high beta stocks.....
....and after got burnt a few times and as they get older, they will slowly switch to lower beta blue chips....
....that's where rich uncles and aunties park their money :)

Lai lai.......come sell banks

@prudentinvestor,

Posted by stkoay > 2 weeks ago | Report Abuse

Bought some at 4.82....some Q still pending 😊

Posted by stkoay > 2 weeks ago | Report Abuse

4.80 also matched.....completed 1st batch....

😉😉😉

Before the 1Q report came out, one expert said, banks are in dilemma, if economy is good profit growth is limited, if economy no good, profit will be affected....
....but after all companies reported, Banks results were the most impressive....haha :)

Before the 1Q report came out, one expert said, banks are in dilemma, if economy is good profit growth is limited, if economy no good, profit will be affected....
....but after all companies reported, Banks results were the most impressive....haha :)

Go slow slow, come back first........

@happybuying, yes, very good sharing over here.
....very few jokers will come.
...no joke for them to tell in this forum....haha.

@jeffchan1901, thanks for sharing.

Very well planed retirement, Very good financial management.

This is a good place for retirees to park their retirement fund...
....every year collect good profit twice to go jalan jalan makan makan....
....and the shares locked in locker, keep for anak anak & cucu cucu...
....stress free investmet.

@happybuying, Welcome......
...aahh...but this is Uncle & Auntie Club, you want to join ah?

Woi.....not so fast, come back first....

Yes I started buying at 3.50....and it dropped to below 3...
...waited for it to drop more but it stayed around 3 very briefly then rebounded....like now, it stayed at 4.80 only very briefly.

@1invest1, we are waiting for you to join to make it merrier :)

Stocks that surged during quadruple witching are for see song song nia...
....today's trading is the real deal :)

Probably because investors started happybuying :p

Some stocks that surged during pre closing on quadruple witching day like GentingB and Pmetal gave back about 80 to 90% of the gain :)

As @linges mentioned, most people started new by punting speculative high beta stocks.....
....and after got burnt a few times and as they get older, they will slowly switch to lower beta blue chips....
....that's where rich uncles and aunties park their money :)