@bkokyew...cukai makmur is only additional 9%...

...next year with opening, bank profit should improves..and MBB has substantial business overseas (which is not subject to C M)

...last year (2020), profit was the most impacted due to provision for moratorium, MBB still paid 52 sen dividend.

Haha....

Yes...if you withdraw all but leave behind RM10 to maintain the account, they will still pay dividend on their dividend payout date..

ASM...1st April

ASM2...1st Sept

ASM3...1st Oct

@jeffchan...for ASM, you don't need for them to pay dividend before you can withdraw, it's calculated monthly....if you withdraw now, dividend will be calculated till November...withdraw at the begining of the month to maximise....

Wee maintained "overweight" on the sector and opined that the recent weakness in banks’ share prices following a knee-jerk reaction to the Cukai Makmur presents an “excellent opportunity” for investors to position for the economic recovery story of banks which remains intact.

“Our positive view on the sector is premised on: a) attractive valuations of -1SD to historical price to book (P/B) mean, b) potential NIM upside surprise given early stages of interest rate upcycle, c) continued credit cost improvement well into 2023, and d) attractive 2022/23 sector average dividend yields of 5%,” he said.

https://www.theedgemarkets.com/article/banking-sector-earnings-recovery-underway-credit-cost-continues-improve-well-2023-says-uob

https://www.theedgemarkets.com/article/maybanks-farid-edge-brc-outstanding-ceo-value-creator-2021

Nice to know our investment is in good hands :)

@jeffchan1901....yes my 40% fixed income includes EPF but not property.

...the vacant property I have now is my previous residence...I have moved to a new place few years back...and waiting for a good time to sell it off....it's situated in a makan angin area, almost zero commercial activities, so it's quite difficult to rent...

...yes, MBB investors are mostly long term dividend seekers...all same same ....haha :)

Oh Yes, investment definitely needs to be spread out...my stocks portfolio only made up 60% of my investment...the other 40% is in fixed price ASM (earning a low returns of only 4%)...a very old uncle conservative portfolio....haha :p

Aiyo SSP888, new cases news already out during lunch break...haha :p

Agree with sifu tolle that people in different age group, different risk tolerance level can have different portfolio...there is no right or wrong.

Mine is heavy on low beta, high dividend stock ie MBB.

As a value investor, I sold off all my stocks in 2014, when the index was trading around 1800+ points.

I came back last year to buy CIMB, Mahsing, RHB and late last year added Genting...(looking for capital gain)

This year, I took profit on some after they rebounded and switched to MBB (looking for dividend).

Now, I am heavy on MBB with some CIMB, RHB and small number of Genting.

I do not have PBB.

I choose MBB over PBB because it is trading at lower PE and lower P/B and yields higher dividend (again there is no right or wrong...up to individual preference)

As a long term value investor, I feel MBB offers very good dividend yield and decent capital appreciation prospect with their M25 plan

https://www.theedgemarkets.com/article/maybank-says-fiveyear-strategy-m25-anchored-three-priorities

Sorry sifu tolle, today I will be quite busy...will log in again may be in the evening or tonight...you have a nice day...hope the market also :)

Wow...what a great effort for sharing experiences and honest investment strategy.....

...I always take note of what sifu tolle shares...very sincere, unbiased and not promoting any particular stocks....unlike some "insecure" ppl who gives stock opinion based on what they own....haha :)

Thanks sifu tolle.

calvinbulldung "sailang" MPCOPR with his underwear in 2014, after that the price dropped to below 10 sen.....haha...laugh die me.

Posted by calvintaneng > Oct 19, 2014 11:10 PM | Report Abuse

Haha!

Fearful of MP Corp shares?

Calvin is completely fearless!!

IF YOU KNOW THERE IS NOTHING TO FEAR!







Posted by calvintaneng > Oct 28, 2014 5:23 PM | Report Abuse

I bought from 43 to 49 cents. I am still very confident

After all, not every day blue chips companies would be trading at such attractive valuations and yields coupled with potential economy recovery in sight for 2022.

Again, my emphasis is on good quality companies backed by earnings instead of those solely based on “promised prospects”. For a fundamentalist investor, such market is the best time to capitalise on the opportunities.

Timing the market is also another area where many retail investors try to do but fail miserably.

It is very difficult to catch the bottom even if one is a world class economist.

Warren Buffet once said: “The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.”

So leave the market timing endeavours to the fund managers and professional traders, focus on playing to your advantage as a retail investor; which is to buy and hold good quality companies while letting time to work for you.

https://www.thestar.com.my/business/business-news/2021/12/11/time-horizon-and-market-cycles

I shifted about 50% of my previous fixed income (ASM) to MBB (that's how it's heavy) haha.

I went in to CIMB, Mahsing and RHB last year...but have taken profit and switched to MBB this year cos I feel they have reached their fair value...so now, go for dividend instead of capital appreciation.

I still have some CIMB, RHB and Genting...no more Mahsing.

@choysun....cheers...

I am heavy on MBB :p

Yes UOADev previous divvy were quiet high...but latest Q report, profit is quiet low...don't know if future divvy can be sustained...EPF is still buying after Q report.

With higher stamp duty, I think there will be less trading activities...

...I guess "fund stock" high dividend play should have more potential.

@choysun...you play recovery...got touch gloves meh? :p

@choysun...look at the score on "hot stock today"....

....so low, all retail players run liao :p

calvintaneng already bankrupt in 2014 from his sailang investment in MPCORP...

...now no money, no underwear...pity him la, let him have some fun taking kok lo....

Thanks for sharing, sifu tolle.

All the "sentiment news" whether positive or negative, have already been priced in...how this stock will perform...will be on it's fundamental post opening....investors will want to see its' future P&L.

@jeffchan1901....I also noticed some unusual activities for the past many weeks....but it is not for sharing in this forum...

...let investor do their own home work and come to their own conclusion.

...I know sifu tolle must also have noticed...that's why I said he must be smiling quietly :)

For the last few days, EPF has been buying banks and selling Tenaga.

@choysun....retail interest has been very low lately...

...it seems only "fund stock" are the only one holding firmer lately..due to local fund support.

...this stock used to attract more retail.

https://klse.i3investor.com/insider/substantialShareholder/5347/09-Dec-2021/530810_406527717.jsp

EPF sold 5.5M shares on 6-12-21, when the stock closed at 9.02

My sifu tolle so quiet....must be smiling quietly :)

Higher stamp duty next year might result less "buy sell buy sell" activities....

...and might benefit "buy keep" stock.

https://www.nst.com.my/business/2021/12/752877/investors-likely-ignore-bursa-malaysias-stamp-duty-hike-will-bank-attractive

@jeffchan1901...nonsense bcos is PBB fanboys...bought some already, then feel very insecure, so need to jaga this super N0.1 24/7

....haha :)

Correction....at current price, can expect a yield of about 6 to 8%

2021 interim 28 sen

2020 total 52 sen

2019 total 64 sen

2018 total 57 sen

Wow...up 1.8%....so much....my 4.40 gone liao :(

Wow...US uptrend is stable....very firm.

Yes choysun...banks closed strong during pre close....may be due to santa claus window dressing...haha :p

Wow...US up 400+...

....tomorrow SKYROCKET ??

Amen

Brother Jaya26....sing deleted his post....but the one I copied and pasted, he cannot delete....haha

....I know he will delete, so I quickly copy and paste....haha.

@SSP888....why you posted so many posts...but your cumulative total posts remain so low? :p

@staypositive....cheers...let's see if there will be any santa claus window dressing :)

Yes, comparing the 2, MBB dividend is more consistent and earnings are more stable/predictable.

@shareinvestor88.....3.50 when can get?

Financial up more than 2% in US market :)

@risekita8 Definitely !

I am monitoring my bigger one ....MBB

:)

....BUT i have not top up this one yet :(

...haha

@choysun...yes DOW up 600 :)

EPF pays 5-6% dividend....

....MBB at current price yields 7%

....in theory, EPF can park all fund here and no need to do anything...earn 1+% yearly.