PBB NP 1.52B....up 33% QoQ and 15% YoY

MBB NP 2.39B....up 55% QoQ and 16% YoY




https://www.theedgemarkets.com/article/analysts-raise-maybank-earnings-forecasts-after-its-1q-net-profit-beat-expectations


Analysts raise Maybank earnings forecasts after its 1Q net profit beat expectations

PBB beat MBB QR?

Really?

HLB TP 9.40

Affin Hwang TP 10.30

Kenanga TP 10.75

https://www.theedgemarkets.com/article/analysts-raise-maybank-earnings-forecasts-after-its-1q-net-profit-beat-expectations

@bimzy....TP means target price.

Target price is just what they think the fair value of the stock....and it's normally for 12 months period.

....but in stock market, nobody can correctly predict the future price....it may reach or even above that or it may also not reach.

Wow....Kenanga gives TP RM10.75

Very good.

https://www.freemalaysiatoday.com/category/nation/2021/05/27/another-26-5mil-doses-of-pfizer-vaccine-arriving-from-july-says-khairy/

PUTRAJAYA: Malaysia will receive 25.6 million doses of the Pfizer-BioNTech vaccine in the third quarter of this year, National Covid-19 Immunisation Programme coordinating minister Khairy Jamaluddin said today.

“This will see the total dose of Pfizer vaccine procured by the government increase to 44.8 million or sufficient for 70% of the total population,” he said

Posted by ilovesoya > May 27, 2021 7:20 PM | Report Abuse

@stkoay MSCI rebalancing

____________________________________________________________________

Yes, like what happened on 30-11-2020, six months ago.

Thanks for info.

Tomorrow opens at 8.00....my guess.

Today....many stocks trade extraordinarily (very big volume) during pre closing....CIMB, GENM, Genting, PBB.....

not only MBB...but don't know why.

So, this stock, you don't buy to sell

you buy to keep to take dividend only

better profit, you get higher dividend.....haha...lol

15 million shares done at single price during pre closing....who sold and who bought?

Today closing 8.45 to 8.50.

MBB 1q21 EPS 20.96 sen

....up 55% QoQ

Beat my expectation of eps 16-18 sen.....:)

MBB 1Q21 EPS 20.96 sen

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3160585

1Q21....EPS 20.96 Sen

Up 15% YoY

Many seasoned uncles and aunties cabut liao, I guess :p

With so many negatives, also no discount for choysun.
When the positives come in, tickets will be sold at a very high premium....so better buy now even no cheap tickets :)

Very good.

These 2 days, it didn't mirror gloves movement....I guess probably most weak hands have been shaken off already.

Very Good.

@MoneyMakers....yes I guess the weak hands have probably been shaken off.

Very Good afternoon :)

https://www.theedgemarkets.com/article/mr-diy-likely-replace-supermax-klci-component-stock-next-review-say-analysts

https://www.theedgemarkets.com/article/mr-diy-likely-replace-supermax-klci-component-stock-next-review-say-analysts

https://www.theedgemarkets.com/article/target-150000-vaccine-injections-daily-take-june-says-deputy-minister

SHAH ALAM (May 24): The government is confident of achieving the target of 150,000 vaccine injections per day by June when a bigger supply of vaccines is received that month.

He said while 1,400 PPV are expected to be opened across the country, so far less than 30% of the PPV are operating due to low supply of vaccines.

“We will reach the climax of the vaccination exercise when the whole supply of vaccines is received around June and July, following which we will open more PPV,” he added.

https://www.theedgemarkets.com/article/mah-sing-healthcare-gets-business-licence-targets-first-glove-shipment-may-or-june

The company has received an export licence from the Malaysian Rubber Board, as well as two Food and Drug Administration (FDA) Establishment Licences for Polymer Nitrile Patient Examination Glove and Latex Patient Examination Glove from the US FDA, which enable Mah Sing Healthcare to export its gloves to the US.

“It is also progressing well in obtaining FDA 510(k) Premarket Notification and the Conformitè Europëenne (CE) Marking for exports to the US and European markets respectively.

https://www.freemalaysiatoday.com/category/nation/2021/05/23/8-2mil-sinovac-doses-to-be-supplied-in-june-says-ismail-sabri/

PETALING JAYA: A total of 8.2 million doses of the Sinovac vaccine will be supplied by the end of June to expedite Phase 3 of the National Covid-19 Immunisation Programme.

PETALING JAYA: A total of 8.2 million doses of the Sinovac vaccine will be supplied by the end of June to expedite Phase 3 of the National Covid-19 Immunisation Programme.

https://www.freemalaysiatoday.com/category/nation/2021/05/23/8-2mil-sinovac-doses-to-be-supplied-in-june-says-ismail-sabri/

https://www.freemalaysiatoday.com/category/nation/2021/05/23/8-2mil-sinovac-doses-to-be-supplied-in-june-says-ismail-sabri/

PETALING JAYA: A total of 8.2 million doses of the Sinovac vaccine will be supplied by the end of June to expedite Phase 3 of the National Covid-19 Immunisation Programme.

Haha....

Top 4 gainers.....can the kok talkers please tell us why..... to keep us entertain.....

Wow....nice....

Yes this is a very well managed company.
Now, with additional contribution from gloves, there is a lot of value if you are a long term investor.
Not so suitable for short term traders.

But then again, telling that you sold yesterday after seeing the share price today....is like after the lottery has been drawn and the result announced then only you tell people what you bought and strike first prize....haha...LOL

@WenJun congratulation....you must be a godinvestor.

True blue Maybank share holders are long term investors who don't trade for profit or panic sell.

The smart investor who sold yesterday might have bought the wrong stock.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3156798

The DRP Statement and Notice of Election (including the Dividend Reinvestment Form) will be provided to all the entitled shareholders of Maybank (save for the foreign addressed shareholders of Maybank) on 2 June 2021 and the election period for the 20th DRP will close on 16 June 2021.

Barring any unforeseen circumstances, the new Maybank Shares arising from the 20th DRP will be listed on the Main Market of Bursa Securities on 29 June 2021.

This announcement is dated 12 May 2021.

newbie2019.....on 2nd June

Trading at 1.1 times book value....it is still very cheap for the biggest stock in Malaysia....and paying one of the highest dividend yield.

Unlike the competitor, one day pump up 12 sen, next day dump down 7 sen....haha.

Nice.
Slow and Steady.
This is how the Bluest of Blue Chips should be traded.

Covid new cases up....this one also UP.....why ah??

https://www.theedgemarkets.com/article/cgscimb-retains-add-call-maybank

KUALA LUMPUR (May 18): CGS-CIMB Securities has retained its "add" call on Malayan Banking Bhd (Maybank), premised on the potential rerating catalyst of a projected recovery in the bank’s core net profit growth in the financial year ending Dec 31, 2021 (FY21).

https://www.malaymail.com/news/money/2021/05/17/wall-st-weighed-down-by-inflation-jitters/1974880

“You’ll continue to see rotation (out of technology stocks) not only because of the outperformance of tech in the last year versus cyclicals, but the only way you can stay long equities and hedge against inflation is own more cyclicals – bank, energy.”

Maybank has made a whopping non-performing loan provision of RM4.6 billion in 2020.....which will be reversed back if NPL turned out to be lower.

https://www.theedgemarkets.com/article/maybank-has-made-provision-variables-mco-30%C2%A0

Farid highlighted that Maybank has made a whopping non-performing loan provision of RM4.6 billion in 2020 which has also taken into account the likelihood of impairment this year.

“Most of it is done on the basis of macroeconomic variables to prepare Maybank for the eventual possibilities that there will be impairment come 2021.

“That is why the level of provisions was heightened in 2020, compared with 2019,” he told reporters in a virtual briefing following its 61st annual general meeting (AGM) held earlier

“To some extent, if you've seen some of the banks in the US, especially, they have reversed some of the provisions in the fourth quarter, but we did not make such a reversal,” said Farid, explaining that the macroeconomic variables have to be sustainable before the bank shall make any reversal.

Thus, he mentioned that the most recent imposition of MCO 3.0 is consistent with what the bank has anticipated from last year.

Announcement of 1Q21 report, which is expected to be good QoQ, ahead of dividend ex date......very good timing :)

That was what the expert said....haha.

https://klse.i3investor.com/blogs/hleresearch/2021-04-01-story-h1543102582-Banking_More_Patience_Needed.jsp

For large-sized banks, we like Maybank (TP: RM9.20) over Public (TP: RM4.25) and CIMB (TP: RM4.50); Public’s valuation is rich, has high foreign shareholding level and low yield while CIMB is a riskier proposition given less solid asset quality.

EPS will probably about 16-18 sen.