Owning MBB is a no brainer, but young people prefer more excitement from high beta stocks compared to this old man stock.
I prefer a safer stock to park my retirement fund, slow never mind, most important is it is safer.
....Warran Buffett said ....rule No. 1 of investing....Don't loose money :)

@jeffchan1901, my average cost is 7.896 (inclusive brokerage) after factoring DRP shares at zero cost.

@newbie2019, no la 37.28% only over 3 years.

I started buying in March 2021 and continue to accumulate till November 2021, after that only nibbling a few and DIY DRP.
My total cost now is 4346 (front few digits :p) and cash dividend received plus market price add up 5966.

@newbie2019, I bought in 2020 at average 3.50....after that it dropped below 3, scare to buy more :p
....sold all in July 2021 at average 4.91 and switched to Tigers at about 8.00

@Cslee1215, total volume traded on 29th was 25.8m and price up 2 sen...
....EPF 24m shares must probably be including off market deal...
...big institution willing to buy big at current level from EPF, can be considered a good thing :)

Wow....newbie2019's other heavy weight super fly today, up 20 sen, congrats ya.

https://klse.i3investor.com/web/insider/detail/SBSH_580356_2312272388

EPF net bought on 28th, QR day :)

@newbie2019, congrats
good buy and good decision to accumulate for long term.

https://klse.i3investor.com/web/insider/detail/SBSH_580362_2289143008

28th, after QR report.....

Posted by newbie2019 > 2 days ago | Report Abuse

buy 9.45 next Mon

_____________________________________________________________

Managed to buy 9.45 or 9.42 ? :)

@jeffchan1901, I was hoping for 32 sen :p
....but 31 is still good....

....With management giving encouraging guidance for 2024, management overlay remained at 1.7b and CET-1 at solid 15.3%.....I guess we can expect a higher dividend for coming years....
.....Cheers !

3.8m shares done at one price 4.30 during pre close.

linges & DianaOoi most welcome, good sharing for all Tigers to Huat together.

Yes, Maybank pays higher yield than EPF!
My Maybank dividend will be used to DIY DRP instead of topping up EPF.

Based on last 10 years results, current EPS of 77.55 sen is the highest.

Looking at the latest few quarters after the new CEO took over, Maybank is now a Growth Stock...revenue is up, profit is up and dividend is also up :)

@linges, that was historical numbers, analyst normally calculate fair value based on projected forward PE.

In 2022, management gave a KPI ROE of 10.5 to 11% when NTA was 7.13
For full year 2023, company achieved a EPS of 77.55 sen, which is 10.8% ROE.

This year, management KPI ROE is 11% based on latest NTA of 7.84.
If management achieved KPI (which they normally do), EPS will be 86 sen
...at 12x PE, fair value will be 10.32.....
...and if they maintain 77% payout for cash dividend, then DPS will be 66 sen.

https://theedgemalaysia.com/node/703134

"This includes stepping up coordination with government-linked companies and government-linked investment companies to encourage them to repatriate foreign investment income and convert that income into ringgit more consistently, playing their roles to support the ringgit amidst challenging global environment," BNM noted.

When GLC repatriate foreign investment income back to Malaysia, what do you think they will probably buy ??

...huat ah :)

https://theedgemalaysia.com/node/703134

"This includes stepping up coordination with government-linked companies and government-linked investment companies to encourage them to repatriate foreign investment income and convert that income into ringgit more consistently, playing their roles to support the ringgit amidst challenging global environment," BNM noted.

@pang72.....Tiger dividend 170 ringgit nia :p

There are pump to dump....
There are also dump to accumulate....
So, you need to do home work to see which is which....haha....

Price at current level, funds are sitting on profits.
Funds do not net buy without selling, if they do that then price will move up in a straight line and they will be buying very expensive.
Selling at these level will bring profits and at the same time bring down the price for a better/lower entry level later.
So, in short, they trade even if they are accumulating...
EPF now also do that intra day....

pang72 untung.
I rugi 1 sen liao :p

Big play on blue chips by BIG funds today.
Time will tell what all this play is about.

Happy weekend, big dividend coming.

speakup sold at 6.24 after recovering from a wash down to 6.02 one morning...
....now, another wash down, midday 6.35 is still higher than 6.24 haha...
....even with occasional wash down it still is getting higher :)

....the wash down is the play play by BIG funds :p

@pang72....I guess you made a good move.

@vinvin..... "typical start of bull run"
....that's my guess....my 2 sen only :p

Nibbled this one a few at 6.35 :)

@pang72....one of your previous darling....haha

Tomorrow some will trade sui sui .....while some will probably laosai....

This one QR sui sui but forum very quiet.
The one which QR dropped 71% QoQ, the forum very noisy....haha :p

@nhbeen, welcome..always good sharing by Tigers in this forum :)

Oops sorry, ex date is 13th, 14th is entitlement....see wrongly...haha.
Payment date 26th is correct

25.5 sen...
Huat ah......

Ex date 14th
Payment 26th March

Month end, portfolio realignment by big institution funds.

Big big volume of 11.2m done during pre close at 9.53 😏

Welcome....TLC

Wow...big volume 18m shares of 4.40 done at pre close.

Ex date will be 14 days from announcement....will probably receive payment by late March.

That was the "standard" statement.
Based on the last few, announcement on x n payment date will be made within these 1 to 2 days.....problaby by this evening 29th.

The Board of Directors has declared a single-tier second interim cash dividend in respect of the current financial year
ended 31 December 2023 of 31.0 sen per ordinary share, amounting to dividend payable of RM3,740,755,180 (based
on 12,066,952,192 ordinary shares issued as at 28 February 2024).
Pursuant to Section 8.26 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the single-tier
second interim cash dividend will be paid no later than three (3) months from the date of declaration.
The book closure date will be announced by the Bank at a later date.

Shareholders who hold a lot of shares will profit if there's DRP.....but it dilutes future EPS.
I still prefer all cash.

@newbie2019......announced already....all cash dividend of 31 sen

EPS 19.8

DPS 31

PETALING JAYA: Malaysia is in a sweet spot to enter a prolonged bull market, says prominent fund manager Tan Teng Boo.

According to the founder and owner of icapital.biz Bhd, the benchmark FBM KLCI could potentially rise to 2,500 – 3,000 points in the next three to five years, citing it is a “realistic target”.

Speaking at a media briefing on the market outlook yesterday, Tan said his optimism over Malaysian equities was premised on the country’s strengthening economic fundamentals and political stability.

“Now is the time to buy Malaysian stocks. We are looking at the beginning of a major bull market,” Tan said.

“Our market is cheap and our currency is cheap,” he added, noting that he expects a greater inflow of foreign funds to the Malaysian equity market in the coming days to further lift the FBM KLCI.

PETALING JAYA: Malaysia is in a sweet spot to enter a prolonged bull market, says prominent fund manager Tan Teng Boo.

According to the founder and owner of icapital.biz Bhd, the benchmark FBM KLCI could potentially rise to 2,500 – 3,000 points in the next three to five years, citing it is a “realistic target”.

Speaking at a media briefing on the market outlook yesterday, Tan said his optimism over Malaysian equities was premised on the country’s strengthening economic fundamentals and political stability.

“Now is the time to buy Malaysian stocks. We are looking at the beginning of a major bull market,” Tan said.

“Our market is cheap and our currency is cheap,” he added, noting that he expects a greater inflow of foreign funds to the Malaysian equity market in the coming days to further lift the FBM KLCI.

RHB analyst expects
.....NII likely to be stable QoQ... We expect 4Q23 NII to be relatively stable sequentially, with potential NIM pressure from higher funding cost cushioned by loan growth. 3Q23 loans grew 2% QoQ and 5% YoY, which was broad-based across both domestic and overseas markets, and Maybank had been optimistic that this trend can be sustained in 4Q23

.....… leaving non-II as the key driver of the operating income trend. We believe fee income could stay robust on healthy card- and loan-related fees. The overall non-II trend, however, would be driven by the non-fee component, ie treasury & markets, and, to a lesser extent, the performance of its insurance arm. The drop in Malaysian government bond yields QoQ could offer opportunities for it to realise profits and help lift overall non-II QoQ and YoY..

@newbie2019, welcome to Tiger Club :)
QR will be tomorrow 28th, lunch break, PC with analyst in the afternoon.

Yes, big local institution Funds, like EPF n ASB should buy more local shares.