MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

8.60

Today's Change

+0.04 (0.47%)

Day's Change

8.55 - 8.61

Trading Volume

4,508,500


31 people like this.

19,322 comment(s). Last comment by looiting 2 hours ago

kyliew

431 posts

Posted by kyliew > 3 days ago | Report Abuse

Real gross domestic product (GDP) decreased at an annual rate of 1.5 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 2021.
...
Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter 2022.
Q1 2022 (2nd) -1.5%
Q4 2021 (3rd) +6.9%

Q2 2022 will be likely negative growth.....lets wait for the announcement in 1st week of July. By then we are in the technical recession. Heloo and welcome year 2008/09

looiting

325 posts

Posted by looiting > 3 days ago | Report Abuse

Harimau masih KUAT

Posted by prudentinvestor > 2 days ago | Report Abuse

KY, I do know that many American banks are now trading at single digit PEs and I don't know the real reason. Apart from bank stocks, American shares are still very, very expensive. Dow, Nasdaq and S&P component counters are trading at an average PE of 45 to 50, even after numerous recent sharp falls. The subprime crisis of the US triggered the 2007-2008 world financial crisis. Citibank shares nose dived by over 95% and would be bankrupt without rescue. Bank of America also plunged by around 90%. It could this reason that caused investors to stay away from bank stocks. There is no reason why Maybank should mirror the performance of US bank stocks. When the US market broke record after record especially during Trump's presidency, our market didn't follow. Even if the US market drops by 50% from its recent peak, it is still trading at a PE of over 25.

Posted by PunTatBerSiul > 2 days ago | Report Abuse

RM 5.80 is not negligible.

nhbeen

94 posts

Posted by nhbeen > 2 days ago | Report Abuse

@Cslee1215: Have I offended you? Why you are so rude in your message? Totally abusive and show no respect for others. Although it is an open dialogue, but be careful of the words you chosed and used on others.

kyliew

431 posts

Posted by kyliew > 2 days ago | Report Abuse

Slowly drop... Until no one realise it

kyliew

431 posts

Posted by kyliew > 2 days ago | Report Abuse

Next month will touch below RM8

Posted by TradeMeSideways > 2 days ago | Report Abuse

Good buy? or Good bye?

kyliew

431 posts

Posted by kyliew > 2 days ago | Report Abuse

Cash out and keep it for the next round of global recession similar like 2008. Gonna buy at the bottom price.

kyliew

431 posts

Posted by kyliew > 2 days ago | Report Abuse

From peak RM9.10 to current RM8.50, slow slow move down....slow slow suddenly drop until pants down to below RM8.

LossAversion

1,574 posts

Posted by LossAversion > 2 days ago | Report Abuse

TP first, and wait at 7.80 to collect again.

Posted by Maverickeking > 2 days ago | Report Abuse

Good bye n bye bye love like the song

Posted by PunTatBerSiul > 2 days ago | Report Abuse

Posted by prudentinvestor > 1 day ago | Report Abuse
"When is RM5.80 coming? You have been talking about Maybank falling to RM5.80 for more than a year and I can't wait for too long."
=========================
I don't think it has been a year. Please check your fact.
The stock is not waiting for you either.

Posted by prudentinvestor > 1 day ago | Report Abuse

"I don't think it has been a year. Please check your fact."
Did you check your fact when you claimed that Maybank would drop to RM5.80 soon? I am waiting for the stock to drop to RM5.80.

Cslee1215

224 posts

Posted by Cslee1215 > 1 day ago | Report Abuse

Next round inflation in July… do we expect another round of interest rate rise in this year?

Posted by PunTatBerSiul > 1 day ago | Report Abuse

LOL! If i know the exact date and time, I would be a trillionaire and be invested in all markets. Don't answer like a childish person Mr. Prunefaceinvestor

Posted by prudentinvestor > 1 day ago | Report Abuse

So you were just making a wild guess, plucking something from the air. I was only giving something you deserve.

Posted by PunTatBerSiul > 1 day ago | Report Abuse

Whatever you make of it is your ignorance and let you be ignorant.
The fact remains, RM 5.80 is coming soon!

kyliew

431 posts

Posted by kyliew > 1 day ago | Report Abuse

Global market sentiment is bad US Fed has no choice but to increase rate dramatically a system engineered for a recession to solve the problem

Cslee1215

224 posts

Posted by Cslee1215 > 1 day ago | Report Abuse

prudentinvestor pls beware of replying to ppl from tanjung rambutan. They try to lure you to thier room which is 580. Dont fall into tanjung rambutan. :p

Posted by WinBigOrLoseAll > 1 day ago | Report Abuse

epf lelong, want cash don't want share, buy before the lelong ends

Posted by Sunshine88 > 1 day ago | Report Abuse

Even it drop to RM 5.80 . At that time we may be in a severe recession. You dare not to buy also.

StingRay

3,660 posts

Posted by StingRay > 1 day ago | Report Abuse

It is not impossible to drop to RM5.80. But the probability would be very slim. Unless we go through another severe global recession, it would not happen.

Posted by prudentinvestor > 1 day ago | Report Abuse

PunTatBerSiul, when you post something which has no basis whatsoever and only an ignorant person would be taken in, be prepared for unkind retorts. At least an unkind retort is much better than suspension.

Posted by AqsadMohamad > 1 day ago | Report Abuse

Kelakar. Maybank tak mungkin jatuh kepada harga RM5.80. Jika begitu, ia akan menunjukkan ekonomi Malaysia yang sangat buruk....

Posted by Value Investor Coo1eo > 1 day ago | Report Abuse

people who say RM5.80 are the ones who are frustrated that they didnt buy when it was cheap. this kind of people we call sour grapes. i feel sorry for them.

Posted by Stormkking > 1 day ago | Report Abuse

5.80 is just another 3.00 down from current level. It's realistic.

Posted by Stormkking > 1 day ago | Report Abuse

I bought it at 5.00

Posted by PunTatBerSiul > 1 day ago | Report Abuse

People have been spewing abuse and hurtful comments at me but I am not bothered. My comments are in i3 history for you to refer for comparison.

Whatever label or name calling only shows how small minded they are.
It is best to ignore them and keep sounding opinion in an open forum.
Therefore, RM 5.80 is coming soon!

Hemsley

186 posts

Posted by Hemsley > 1 day ago | Report Abuse

RM8 also wait until my neck broken d. RM5.80, July 2122? Actually, RM20 also not far in future based on the same concept. In other words, this kind of predictions are meaningless. No need to waste more time to respond to the RM5.80. Or, just treat it as an entertainment.

Posted by prudentinvestor > 1 day ago | Report Abuse

"5.80 is just another 3.00 down from current level. It's realistic."
It is not realistic because you were only making a wild guess. Maybank needs to drop about 33% from today's level to reach RM5.80. Assuming all the other component counters of KLCI also drop by the same margin (some with high PEs like IHH and P Metal may drop more), the KLCI should drop to around 950 points. Over 90% of the counters listed on Bursa would fall much more seriously than Maybank. Only a very severe recession would result in such a situation. We will be in deep trouble.

Cslee1215

224 posts

Posted by Cslee1215 > 1 day ago | Report Abuse

Stormkking, Rm0.58 coming soon.

kyliew

431 posts

Posted by kyliew > 1 day ago | Report Abuse

Below RM8.00 next month after US Fed is confirming the technical recession data...

kyliew

431 posts

Posted by kyliew > 1 day ago | Report Abuse

Then slowly to RM7 and eventually RM6 (crisis next year)

kyliew

431 posts

Posted by kyliew > 1 day ago | Report Abuse

Bottom Price During Crisis

1997 Asian Financial Crisis - RM1.80++
2008 Global Financial Crisis - RM3.80++
2023 xx Crisis - RM5.80++??????????

Posted by prudentinvestor > 22 hours ago | Report Abuse

In the extremely unlikely event that Maybank drops to RM5.80, most of the other counters listed on Bursa will fall by much larger margins. Badly managed counters like Cypark may fall by over 90%.

Hemsley

186 posts

Posted by Hemsley > 22 hours ago | Report Abuse

1997 - RM180.
1998 - RM2.65 Max (up ~50%)
2008 - RM3.80
2009 - RM6.97 Max (up ~80%)
2023 - RM5.80
2024 - Up 80% = RM10.44. Not bad. Hahaha.

kyliew

431 posts

Posted by kyliew > 21 hours ago | Report Abuse

Anyone here manage to buy CIMB at RM2.90 during Covid-19 crash in year 2020? That time the choice is between Maybank & CIMB, last2 i choose CIMB as Maybank didn't drop much...

kyliew

431 posts

Posted by kyliew > 21 hours ago | Report Abuse

1997 - RM180.
1998 - RM2.65 Max (up ~50%)
2008 - RM3.80
2009 - RM6.97 Max (up ~80%)
2023 - RM5.80
2024 - Up 80% = RM10.44. Not bad. Hahaha.

Great...waiting for the timing.

Anyhow be prepared for other stock markets like US or Singapore for "Plan B" as we dunno if Maybank (plus CIMB, & Public Bank) will drop little bit and a lot.

kyliew

431 posts

Posted by kyliew > 21 hours ago | Report Abuse

Elon Musk warns that recession is 'inevitable,' likely coming soon

Deutsche Bank, Citi See 50% Recession Chance as Rates Rise

Goldman Sachs says a recession is now twice as likely as its previous prediction

Posted by prudentinvestor > 21 hours ago | Report Abuse

Morgan Stanley has warned its clients that should the US plunge into a recession, stock markets could crash by another 20%. No reason for Maybank to drop 33% to RM5.80.

momo33

121 posts

Posted by momo33 > 21 hours ago | Report Abuse

the only way to bring down the high inflation is to increase interest rates and force a hopefully mild recession. lets see what happens this year and now can only speculate..

Posted by AqsadMohamad > 20 hours ago | Report Abuse

Nampaknya harga Maybank hari ini up closing. Bagus.

kyliew

431 posts

Posted by kyliew > 20 hours ago | Report Abuse

Mild recession? 20% crash only? Haha
Not to scare you all but the nightmare just started if u look at US Top 3 banking stock dropped > 20% since late of last year.

JP Morgan
Peak = $171.78 @ Oct 2021
Current = $113.92 (negative 33%)

Bank Of America
Peak = $49.18 @ Jan 2022
Current = $32.08 (negative 34%)

Wells Fargo
Peak = $58.31 @ Feb 2022
Current = $37.90 (negative 36%)

The same 3 companies, u look back their share patterns in year 2007/08.

Posted by PunTatBerSiul > 20 hours ago | Report Abuse

"AqsadMohamad

Nampaknya harga Maybank hari ini up closing. Bagus.

8 minutes ago"
=======================
Modus Operandi::

Friday pumping after hugging, cheek and hand kissing.

Cslee1215

224 posts

Posted by Cslee1215 > 18 hours ago | Report Abuse

Kyliew is like history teacher. Talk alot but dont know what is the solution.

Posted by prudentinvestor > 17 hours ago | Report Abuse

@KY "Mild recession? 20% crash only? Haha"
Did I write it would only crash by 20% or it would crash by another 20%? Read my post again. Which Malaysian bank stock dropped by over 90% during the world financial crisis of 2008/2009? Citibank fell by over 95%, Wells Fargo by over 90%. Sharp falls in the US banks you mentioned could be due to investors losing faith in the banks. Compare to the 2008/2009 lows, the Dow and the S&P are still more than 300% up, the Nasdaq is still 10 times higher. Why should Maybank mirror the performance of US banks?

looiting

325 posts

Posted by looiting > 2 hours ago | Report Abuse

Buy & HODL guys. This Harimau very strong..... National team support

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