It's now so scary....the Parliament case....admitted for just a few days, passed away.

https://www.malaymail.com/news/malaysia/2021/08/10/in-penang-most-food-outlets-still-not-open-for-dine-ins/1996647

Unlike before, people are now very cautious.
Hope this will help to bring down the new cases faster.

https://www.thestar.com.my/business/business-news/2021/08/09/maybank-ib-wins-euromoney-awards039-best-investment-bank-for-sixth-time

US banks are sharply higher tonight.

It's not the BN MPs, it's the Kluster Mahkamah.

Posted by tollebunsmith > Aug 6, 2021 12:54 PM | Report Abuse

dont sapu, cos if it goes to 7.80 , then sapu .. this is just appetizer price.. if no big drop, well keep the cash for other oppurtunities.

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I think this is a better strategy, no need to top up for few sen drop....especially when there's so much uncertainties

@tolle, I queued at 8.00 ...then decided to cancel cos waiting for BN MPs announcement ...then went out to attend to some thing...checked later, it was already at 7.98/99....now I think I will wait to see afternoon how...haha..

...I bought some at 8.00 on Wednesday.

Got Olympics GOLD...for this round..haha :)

tolle used to say the last 2 digits (sen) for MBB and PBB is always the same...BUT NOW PBB LOWER by 8 sen already haha....so good for MBB :)

Confirmed nothing is brewing :(

Why so quiet here this morning.

Who sapu one wave this morning till 8.11?

https://klse.i3investor.com/insider/substantialShareholder/1155/04-Aug-2021/521732_2551486756.jsp

When foreign fund sold last Friday, EPF bought 2.78M shares.

@tolle...noted. Thanks.

Queued some at 8.00 and 7.98

If 4.60 support is broken, then I think it's safer to switch to other recovery play :(

Posted by stkoay > Aug 3, 2021 3:41 PM | Report Abuse X

Now, looking at the quantity queued to sell, it seems the foreign fund is on leave today....or may be busy watching Olympics...haha :)

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But if you look at PBB, it seems they are working hard over there...haha:)

@kamirise....if you do home work and read their next 5 years plan...this stock at current price is an under value gems .

Now, looking at the quantity queued to sell, it seems the foreign fund is on leave today....or may be busy watching Olympics...haha :)

Nothing is brewing, same trading pattern, up one day and down a few.

To prevent lost opportunity, thought of switching to recovery play...

https://www.theedgemarkets.com/article/maybank-foreign-shareholding-falls-lowest-over-four-years

Today, Hong Leong Investment Bank Bhd (HLIB) analyst Chan Jit Hoong wrote in a note that in HLIB’s opinion, Maybank’s risk-reward profile is skewed to the upside, premised on Maybank being a prime candidate for rotational recovery play among the FBM KLCI's 30 constituents and the notion that Maybank is "less susceptible to foreign equity sell-off".

Ng said foreign investors' net selling flow rose 292% to RM580 million worth of equities last week, their highest weekly net sale value year to date.

"They were net sellers of the financial services and consumer product sectors,” she said.

She said today foreign investors’ top three net sell stocks last week were Public Bank Bhd, Maybank and CIMB Group Holdings Bhd.

Today, there are many ikan bilis taking small small bite :)

....it's a good sign, I guess...

@tolle thanks for the valuable advice, appreciate much.

I will slowly accumulate 7.95 and below....quite confident the return will be good over the long term..
...this will be my next ASM...will not be selling even it's 9 or 10....bcos if cash out then cannot find better alternative to park for fixed income/dividend.

....But this stock is still holding up quite well if you compare its' one month movement against similar stocks is US....like Las Vegas Sands and Wynn Resorts..which have dropped more.

@newbie2019....comparing MBB and Genting at current price :

Genting is attractive because it has corrected a lot.

MBB is safer due to the "unknown" of Delta variant.

If I need to top up now....I prefer MBB.

...just my 2 sen :)

https://www.malaysianow.com/opinion/2021/08/02/what-did-we-just-see-at-dataran/

MPs behaving worse than primary school boys, hope of getting the covid cases down, susah lah, especially the Delta....

...guess need to keep my share in the fridge already :(

@staypositive....not low acctually, this is inclusive of DRP...but it's still positive taking cash dividend into account :)

Now, if buy...means it's averaging down....I thought of buying after ex divvy, but I don't like to average up...so I waited :)

@tolle...my average is 8.11, still got 34% cash vs holding...what do you think is the good price to start buying again :)

https://www.freemalaysiatoday.com/category/nation/2021/08/01/were-on-track-to-have-50-adults-vaccinated-fully-by-aug-31-says-khairy/


“I have already announced that on National Day on Aug 31, 50% of the adult population will be fully vaccinated.

“That is our new target,” he told reporters after visiting the mobile vaccination centre for the Orang Asli community at Kampung Batu Peti here today.

Khairy also said the government was finalising the guidelines to relax SOPs for fully vaccinated individuals.

An announcement on this would be made by Prime Minister Muhyiddin Yassin soon, he added.

https://www.freemalaysiatoday.com/category/nation/2021/08/01/were-on-track-to-have-50-adults-vaccinated-fully-by-aug-31-says-khairy/

“I have already announced that on National Day on Aug 31, 50% of the adult population will be fully vaccinated.

“That is our new target,” he told reporters after visiting the mobile vaccination centre for the Orang Asli community at Kampung Batu Peti here today.

Khairy also said the government was finalising the guidelines to relax SOPs for fully vaccinated individuals.

An announcement on this would be made by Prime Minister Muhyiddin Yassin soon, he added.

6,154,700 shares done at 8.01 during pre closing.

My Q at 8.00 :)

Next week may be can get a few sen lower :p

I queued 5% of my allocation at 8.00 ....on hurry :)

Wanted to buy at 8.04 yesterday, but you said it's FOMO :)
...so I queued at 8.01/02....didn't matched....

....now again waiting at that range....probably will queue in the afternoon :)

Parliament covid positive...haha

https://www.malaysianow.com/news/2021/07/29/parliament-quarantined-mps-barred-from-leaving-after-covid-cases-reported/

Thanks for sharing tolle.

Thanks tolle.

Yesterday waited till 4.30pm, then missed the boat at 8.01/02....guess need to buy some at 8.04 .

My MBB : PBB ratio is 10 : 0

Haha...it's because ....

PE ratio : MBB 13 vs PBB 15

Dividend yeild : MBB 6.2 vs PBB 3.2

Price to NAPS : MBB 1.12 times vs PBB 1.70 times

So, at current price, MBB has better value than PBB.

As a value investor, my choice is obvious :)

RHB today up with volume higher than usual....

I will wait until 4.30pm to decide if I should buy at 8.01/02

Why?
Today the Mara boys on leave?...no queue to sell.

Wow....Congratulations !!

@newbie2019.....lagi kurang berapa untuk jadi 100?

Despite the overall market weakness, Genting is holding firm....might suggest this is the current bottom....after the consolidation, will probably move much higher.

https://edition.cnn.com/interactive/2020/health/coronavirus-maps-and-cases/

Malaysia cases per 100K is still much lower than US and UK....why their stock market can still perform so well?

https://www.klsescreener.com/v2/news/view/857847

1. Laggard play
It screened stocks under its coverage with ‘add’ call, and whose share prices are 20% below pre-Covid levels.

“We are of the view that some of these stocks that were impacted by Covid-19 could re-rate after the economy has reopened, supported by an earnings recovery story driven by pent-up demand, resolution of labour shortage issue and improved economies of scale,” it said.

Of 20 identified companies within this category, its stock picks relative to target price upside are: HSS Engineers Bhd (TP: 89 sen), Genting Plantations Bhd (TP: RM10.40), Genting Bhd (TP: RM6.90).

Recovery plays
These are companies under its ‘add’ call with the highest potential earnings recovery on an absolute basis in 2022 compared with 2021 levels — including those recovering from losses.

“The top five stocks that fit the screening of our definition of growth stocks and offer highest upside to our target prices are Genting (TP: RM6.90).

https://www.freemalaysiatoday.com/category/opinion/2021/07/24/welcome-change-in-tone-on-covid-19-policy/

Firstly, there is a very sensible signal from finance minister Tengku Zafrul Aziz that, subject to approval from experts, the number of daily new cases may no longer be used as the primary guide for the NRP and may be replaced by severity indicators and deaths.

Economic recovery can follow quickly from a new scenario for the management of the health challenges and we should all welcome the changes in tone that we have seen on this over the last few days.

@tolle....yes , the fixed price fund once sold cannot buy back...but 4% for savvy investor like us is too low....so I have withdrawn 60% and switched to MBB...(that's how the quite large holding..hehe)

I managed to buy AS1M a lot during the launch and in 2014, when the 1MDB issue surfaced....there were people pulling out then.

@tolle....looking at historical profit and dividend of banks esp. MBB, I think investing in banks is better than reits over the long term...just my 2 sen :)

EVEN IF stuck here forever...is also NOT BAD...at current price, dividend yield will be about 7-8 %.......I am shifting my ASM fund to buy buy buy this.
(ASM is now paying only 4 %....as it is a capital guarantee ...there will also be no capital appreciation).....Maybank may have potential to break 9 or 10 in future.

Sure huat kao kao compared to ASM.

Noted tolle...thanks.

Today only managed to get 25%....that's one queue out of four, will continue to slowly accumulate next week....will use up this fund, proceed from sales of other stock.
After this, then will wait for 7.80...7.60.

Cheers...happy weekend.

Bought some at 8.02....still pending queue at 8.02....8.01....and 8.00