@choysun....yes, agree....it's due to high covid and the political uncertainties....at current price it's attractive to buy and hold for 1-2 year.

I am slowly, cautiously buying :)

TOP GAINERS S&P

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Posted by tollebunsmith > Jul 20, 2021 9:34 AM | Report Abuse

Zackmeiser : if vague, i can also do better than Warren Bufe, last year I say bought at 699 sold at 8.55 made 2 million, now low i buy.

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Haha....100% agree with you.

@choysun.
Noted. Thanks.

@choysun....what's your short term target for this stock?

https://www.malaymail.com/news/malaysia/2021/07/18/pm-malaysia-sets-new-target-of-fully-vaccinating-100pc-of-adult-population/1990875

“Almost all states will achieve a vaccination rate of more than 50 per cent by the end of August. All states will record a vaccination rate exceeding 70 per cent in September,” he said.

https://www.thestar.com.my/news/nation/2021/07/18/pm-govt-orders-over-76-million-doses-aims-to-vaccinate-500000-people-a-day

The Prime Minister said that the government is now aiming for 500,000 daily vaccinations to ensure that 100% of all adults in Malaysia would have received two doses by October of this year.

"Initially, 80% of the Malaysian population was supposed to receive complete doses by the first quarter of 2022. This was then expedited to December 2021.

"Now, with more new Covid-19 variants which are more ferocious and a sudden surge in positive cases, the target of the vaccination programme has been expedited further,” said Muhyiddin.

Wah choysun is so young....not a senior citizen yet....so late only got first dose :p

Karma, I guess.

Posted by choysun > Jul 16, 2021 10:33 PM | Report Abuse

@Sharefisher shareinvestor88 long time no show dy. Don't know what happen to him/her

______________________________________________________________________

Heard shareinvestor88 got Covid category 5.

https://www.theedgemarkets.com/article/jpmorgan-profit-surges-investment-banking-boost

Luckily he is the opposition...

https://www.malaymail.com/news/malaysia/2021/07/11/guan-eng-govt-must-instruct-banking-industry-to-waive-principal-interest-du/1988956

Luckily he is the opposition....

https://www.malaymail.com/news/malaysia/2021/07/11/guan-eng-govt-must-instruct-banking-industry-to-waive-principal-interest-du/1988956

https://www.thestar.com.my/news/nation/2021/07/09/covid-19-focus-is-on-ensuring-death-hospitalisation-rates-drop-says-kj

He cited the example of the United Kingdom which has instead switched its focus to mitigating the situation despite experiencing a high number of daily cases after recently easing Covid-19 prevention measures.

“The UK right now is facing more than 30,000 cases a day because of the Delta variant and because they have started to open up. You can see that stadiums are full for the Euro 2021 football competition and they are not wearing masks.

https://klse.i3investor.com/insider/substantialShareholder/1155/05-Jul-2021/519437_1603701783.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/06-Jul-2021/519561_651816125.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/07-Jul-2021/519659_2907333850.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/09-Jul-2021/519811_260090330.jsp

Nice.....

Today, up till now, the numbawan perform better than the numbatu...

....may be tolle need to consider to convert all his numbatu to numbawan :)

Yes....correct :)

Posted by staypositive > Jul 8, 2021 5:00 PM | Report Abuse

Not too bad despite all the negative sentiments

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This is why smart investor says this is the stock you can sleep peacefully owning...........:)

For some market watchers, like BlackRock's co-chief investment officer of fundamental equities Nigel Bolton, any pull-backs would be buying opportunities, though.

"We see really strong earnings growth, not just for this year, not just the bounce back, but actually going forward into 2022 and also, at a slower pace, into 2023 as well," BlackRock's Bolton said by phone. "So all of those factors are the reasons why you are still looking at a bull market and we will have wobbles on the way."

https://www.nst.com.my/business/2021/07/705044/investors-dont-see-end-record-breaking-equity-rally-just-yet

https://www.nst.com.my/business/2021/07/705044/investors-dont-see-end-record-breaking-equity-rally-just-yet

For some market watchers, like BlackRock's co-chief investment officer of fundamental equities Nigel Bolton, any pull-backs would be buying opportunities, though.

"We see really strong earnings growth, not just for this year, not just the bounce back, but actually going forward into 2022 and also, at a slower pace, into 2023 as well," BlackRock's Bolton said by phone. "So all of those factors are the reasons why you are still looking at a bull market and we will have wobbles on the way."

https://www.thestar.com.my/news/nation/2021/07/03/khairy-malaysia-to-receive-12-million-covid-19-vaccine-doses-in-july

https://www.thestar.com.my/news/nation/2021/07/03/five-states-to-transition-to-phase-two-of-nrp-from-july-5-says-ismail-sabri

Plenty of vaccine coming....more states opening up...

.....good for recovery play....

PUTRAJAYA: The National Security Council has agreed to allow individual states to transition into the next phase of the National Recovery Plan (NRP) once they meet their respective threshold indicators for each of the phases.

The matter was announced during a joint press conference between Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob and Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today.

https://www.nst.com.my/news/government-public-policy/2021/07/704780/no-more-blanket-phase-1-all-states

https://www.nst.com.my/news/government-public-policy/2021/07/704780/no-more-blanket-phase-1-all-states

PUTRAJAYA: The National Security Council has agreed to allow individual states to transition into the next phase of the National Recovery Plan (NRP) once they meet their respective threshold indicators for each of the phases.

The matter was announced during a joint press conference between Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob and Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today.

https://www.thestar.com.my/business/business-news/2021/07/03/opt-in-moratorium-more-manageable-for-banks


He points out that banks will still be able to recognise interest income, despite the payment deferments.

“The concern is, however, on the liquidity of banks as cash flow may be affected.

“However, we understand that Bank Negara will provide liquidity support.


______________________________________________________________________

Cut SRR instead of OPR....haha :)

Source : KENANGA
Stock : MAYBANK Price Target : 10.75 | Price Call : BUY
Last Price : 8.12 | Upside/Downside : +2.63 (32.39%)

Henceforth, our top pick for 3QCY21 is MAYBANK (OP; TP: RM10.75) as its industry-leading dividend yield (7-8%) and dividend-to-ROE would provide sizeable buffers for investors seeking a long-term play amidst ongoing macroeconomic uncertainties. Additionally, its GIL ratio is still fairly within the industry average of c.2.2% which indicates the bank has sound asset quality measures despite being the market leader (c.30% financing share) between the 10 banks within our coverage.

https://klse.i3investor.com/servlets/ptres/60102.jsp

Industry-leading dividend yield (7-8%)

Source: Kenanga Research - 1 Jul 2021

Haha....100 % agree.

Source : HLG
Stock : MAYBANK Price Target : 9.40 | Price Call : BUY
Last Price : 8.11 | Upside/Downside : +1.29 (15.91%)

Source : HLG
Stock : PBBANK Price Target : 4.50 | Price Call : BUY
Last Price : 4.12 | Upside/Downside : +0.38 (9.22%)

@choysun....with Rakuten, your shares are parked in nominee account...why not go open your personal CDS account....can "feel more secure" with your shares in own CDS account...haha:)......also dividend payment will be faster.

Retain our OVERWEIGHT stance on the sector with our top BUYs on RHB Bank (fair value RM6.90/share), Maybank (FV RM10.40/share) and CIMB Group (RM5.60/share). We favour banks with expected improvement in regional performance from the gradual economic recovery and banks with undemanding valuations.

Source: AmInvest Research - 1 Jul 2021

Retain our OVERWEIGHT stance on the sector with our top BUYs on RHB Bank (fair value RM6.90/share), Maybank (FV RM10.40/share) and CIMB Group (RM5.60/share). We favour banks with expected improvement in regional performance from the gradual economic recovery and banks with undemanding valuations.

Source: AmInvest Research - 1 Jul 2021

Retain our OVERWEIGHT stance on the sector with our top BUYs on RHB Bank (fair value RM6.90/share), Maybank (FV RM10.40/share) and CIMB Group (RM5.60/share). We favour banks with expected improvement in regional performance from the gradual economic recovery and banks with undemanding valuations.
Source: AmInvest Research - 1 Jul 2021

We orate buying-on-weakness and highlight MAYBANK (OP; TP: RM10.65) as our favourite pick in the sector. Its industry-leading dividend yield (7-8%) and dividend-to-ROE provide sizeable buffers for investors seeking a long-term play amidst ongoing macroeconomic uncertainties. Additionally, its GIL ratio is still fairly within the industry average of c.2.2% which indicates the bank has sound asset quality measures despite being the market leader (c.30% financing share) between the 10 banks within our coverage. Further, its high fixed-rate loan mix (c.28%) is offset by its high CASA-to-deposit ratio (c. 40%) to cushion OPR fluctuations in the near-term.

Source: Kenanga Research - 1 Jul 2021

Nobody ask you to buy or sell anything.
Just to clarify that the dividend of 33 sen declared in previous September was before bonus issue.....
....and just to compare the expected dividend comes this September....
....this is just sharing info....what's wrong with that....

Corrupt lap dog....lan si lan yong....see his face feel like slapping him.

https://www.theedgemarkets.com/article/mah-sing-records-rm6505m-sales-5m21-meeting-40-annual-target

Selling at 8.11 was well absorbed....

....more than 3 million shares done during pre closing.

Yes. Looking at recent trading pattern ( past few weeks) MBB looks more stable.

4 weeks range 8.12 to 8.30

PBB 4 weeks range 4.10 to 4.27

“That said, we don't foresee a substantial jump in the moratorium take-up rate from the current 15%. That's because of the additional interest burden that will be accrued for moratorium borrowers and still healthy balance sheets for most household and corporate borrowers in Malaysia,” it said.

S&P base case suggests most weak credits are already covered by the ongoing targeted assistance programs.

“Strong capital positions, sound liquidity conditions, and prudent risk management practices of local banks still anchor our current credit assessment of Malaysian banks.

Haha....last Sept was before bonus issue

Based on 33 sen...after BI then should be 6.6 sen.

In Sept MBB will probably be giving above 25 sen.

RM4 gets 6.6

RM8 gets 25

Which is better :p

CIMB up
RHB up
MBB flat
This one down :(

Cut grant meant for TAR UC....but increase allocation for MARA....

Atuk's lap dog.

All closed flat is GOOD.

If up, then the corrupt people will pressure the goverment to use our money to make him popular....see his face ...feel like slapping him.

PETALING JAYA: The latest loan moratorium under the RM150bil Pemulih package will not be interest free, but it would help borrowers by deferring the repayment to a later date.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday the banks will, however, waive the compounded interest or the interest charged on interest accrued during the six-month moratorium period, as well as any penalty charges.

The method of repayment, including on interest charges, is “between the borrowers and the banks”.

“You will have to discuss this with your respective banks.


“I don’t know the answer, but the interest charges will differ from bank to bank and from product to product.

https://klse.i3investor.com/blogs/hleresearch/2021-06-29-story-h1567089079-Banking_Wider_coverage_for_loan_moratorium.jsp

Retain OVERWEIGHT. We see negligible price reaction on the above development. Recall, back in late Mar-20 and early May-20, when BNM announced the automatic 6- mth loan moratorium and banks agreed to waive the additional hire purchase interest charge on borrowers (upon request by the MoF), on both occasions the KL Finance Index continued to trade sideways.

For large-sized banks, we like Maybank (TP: RM9.40) for its strong dividend yield offering, and Public Bank (TP: RM4.50) for its defensive qualities, over CIMB (TP: RM4.60). For mid -sized banks, RHB (TP: RM6.85) is favoured more than AMMB (TP: RM2.85) as the former has a higher CET1 ratio & also, larger FVOCI reserve to buffer against potential yield curve volatility.

https://klse.i3investor.com/blogs/AmInvestResearch/2021-06-29-story-h1567089053-BANKING_Automatic_moratorium_approvals_for_all_opt_in_individual_loan_b.jsp

We maintain our OVERWEIGHT stance on the sector with top picks of CIMB (fair value RM5.60), RHB Bank (FV RM6.90) and Maybank (FV RM10.40). We like CIMB, RHB and Maybank due to the expected improvement in core operating income coming from the gradual improvement in regional operations performance, progressive improvement in underlying NIMs and provisions for loan losses. Earnings of these banks are also expected to benefit from the improved performance of their Singapore operations which in 2020 were affected by provisions (overlays and specific provisions).

https://klse.i3investor.com/blogs/kenangaresearch/2021-06-29-story-h1567089109-Banking_Moratorium_Returns.jsp

For those who have to stay invested, we recommend accumulating MAYBANK (OP; TP: RM10.65) as its strong dividend yield potential (7-8%) will continue to provide cushion to investors seeking a long-term position. Additionally, despite being the leader in loans market share, it commands a fair GIL ratio of c.2% (within industry average). To us, this indicates that its books are well guarded with tight asset quality checks.