Posted by ang > 2021-09-02 11:02 | Report Abuse

asean no 1 bank

Posted by stkoay > 2021-09-02 11:52 | Report Abuse

Haha....typical pre DRP price fixing "road block" :)

Posted by stkoay > 2021-09-02 11:57 | Report Abuse

DRP price and ex date will probably be announced tomorrow, 5 trading days from announcement of 2Q21 report....

Posted by tollebunsmith > 2021-09-02 12:03 | Report Abuse

stkoay : u are very smart, u are my role model..... when i get fedup with PBB, i will sell it off and join ur MBB . If i have 10% of what u have, i already very happy,

Posted by tollebunsmith > 2021-09-02 12:08 | Report Abuse

Stkoay: i have discovered manually changing my average price One question: the drip price will be listed as RM0.00. This no problem. When u get the cash portion of dividend, and u buy more shares, do u adjust the average price manually ( to reflect actual scenario as it should be RM0 as we didnt pump in new money. DO u adjust it or is is it better to leave the average price alone?
Just want sifu opinion.

Posted by stkoay > 2021-09-02 12:16 | Report Abuse

@tolle...I am lazy to manually calculate my average cost ....but just accept what the system show after the inclusion of DRP shares as my average cost...and the cash dividend as my net dividend, which should be around 3-4% of my cost...which is also quite close to current ASM dividend...so the DRP is my bonus on top of ASM dividend ....haha :)

Posted by stkoay > 2021-09-02 12:26 | Report Abuse

MBB gives a yield of 3-4% cash dividend and 3-4% DRP shares....

....but ASM now only gives 4% dividend..

....though ASM is fixed price, therefore no risk ...but also no price appreciation.

...but MBB at current level...is only trading at about 11 times PE....got very good potential for capital appreciation.

Posted by stkoay > 2021-09-02 12:43 | Report Abuse

https://www.theedgemarkets.com/article/analysts-maintain-overweight-calls-banking-sector-they-foresee-improving-outlook-govt-eases

RHB Investment Bank Research’s analysts Liew Wai Hoong and Fiona maintained an "overweight" call on the banking sector, with their top picks being Malayan Banking Bhd (Maybank) (TP [target price]: RM10.30), CIMB Group Holdings Bhd (TP: RM5.70) and AMMB Holdings Bhd (TP: RM3.50).

AmInvestment Bank Research’s analyst Kelvin Ong also maintained an "overweight" stance on the banking sector with his top buys on RHB Bank Bhd (TP: RM6.80), Maybank (TP: RM9.90) and CIMB (TP: RM5.80).

Posted by tollebunsmith > 2021-09-02 14:54 | Report Abuse

stkoay: u are absolutely correct, regarding asm & MBB, i am thinking seriously of dumping asm, but it was very hard to get when i bought it.. even now ocasionally only can get big tickets.. even now. I think that is because the old timers hold tight tight and they are not keen on share market. Some of my friends see it as fixed deposit and seldom sold and they dont play shares, but they have some props ( prop price is stagnant for many yrs already).

Posted by supersinginvestor > 2021-09-02 15:09 | Report Abuse

Maybank is great. Buy n hold n keep long long term...

Posted by stkoay > 2021-09-02 16:22 | Report Abuse

@tolle...now that BN is back (ASM is their baby) and economy and market is expected to do better, may be can expect better dividend from ASM from next year onwards....I still keep about 40-45%.

Posted by tollebunsmith > 2021-09-02 16:46 | Report Abuse

MBB 8.25 expected .....

Posted by tollebunsmith > 2021-09-02 16:47 | Report Abuse

embargo opening price 8.25

Posted by stkoay > 2021-09-02 16:48 | Report Abuse

I Q at 8.28

Posted by tollebunsmith > 2021-09-02 16:49 | Report Abuse

now 8.26

Posted by stkoay > 2021-09-02 16:51 | Report Abuse

Haha....save some nasi lemak money....1 sen :p

Posted by stkoay > 2021-09-02 16:52 | Report Abuse

Tomorrow is DRP price is fixed...then it will probably rebound.

Posted by staypositive > 2021-09-02 16:53 | Report Abuse

Haha ur 1sen can buy so many nasi lemak...

Posted by tollebunsmith > 2021-09-02 16:54 | Report Abuse

stkoay : thanks for you opinion... u sound right on ASM... diversity.

Looks like ur prediction n MBB fund managers trying to lower the 5 day av price is correct.. price dop also u win cos drip gets lowered and u profit more.... and also u bought most at low prices... good decision on ur part.

Posted by staypositive > 2021-09-02 16:56 | Report Abuse

EPF and Maybank also pakat pakat one lar they dispose more so that drip vwap price lower, then they can opt for more shares to cover the sold off shares. We just rilek jer

Posted by tollebunsmith > 2021-09-02 16:56 | Report Abuse

songlap bank ambank 3.24 +4.5% and it will take few years to cover the bil dollar loss saman smh

Posted by stkoay > 2021-09-02 16:57 | Report Abuse

Thanks tolle.....staypositive...cheers :)

Posted by stkoay > 2021-09-02 17:03 | Report Abuse

Ambank...I cut loss at 3.13 on 17-3-21....and 2.96 on 2-4-21...

My average price 3.30 :(

I switched to MBB....at current price, make about 40 sen (inclusive of previous dividend)

Posted by okooi32 > 2021-09-02 18:47 | Report Abuse

This counter is for long term collection......only can make profit with its dividend loh

Posted by okooi32 > 2021-09-02 18:48 | Report Abuse

Got extra money than make collection loh

Posted by bullmarket1628 > 2021-09-02 21:55 | Report Abuse

政局稳定 信心增加 1年半后外资首次钱入马股
* 2021年9月02日

https://www.google.com/amp/s/www.chinapress.com.my/20210902/%25E6%2594%25BF%25E5%25B1%2580%25E7%25A8%25B3%25E5%25AE%259A-%25E4%25BF%25A1%25E5%25BF%2583%25E5%25A2%259E%25E5%258A%25A0-1%25E5%25B9%25B4%25E5%258D%258A%25E5%2590%258E%25E5%25A4%2596%25E8%25B5%2584%25E9%25A6%2596%25E6%25AC%25A1%25E9%2592%25B1%25E5%2585%25A5%25E9%25A9%25AC%25E8%2582%25A1/amp/

Posted by tenti > 2021-09-03 15:10 | Report Abuse

bull

Posted by stkoay > 2021-09-03 18:06 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3190131

Posted by tollebunsmith > 2021-09-03 19:35 | Report Abuse

stkoay: u are fast, you re now my source of MBB info. i give you that credit.
Does it mean the DRP price has been determined?

Posted by stkoay > 2021-09-03 20:36 | Report Abuse

@tolle...based on past record, Bursa only takes 1 to 2 days to give approval. When they apply, I guess DRP price has most likely already been determined.
Announcement of ex date will most likely after obtaining approval from Bursa....probably Tuesday......look at today's trading, there was no "road block".....likely up next week if market is positive.
Cheers....

Posted by tollebunsmith > 2021-09-04 07:42 | Report Abuse

Stkoay ..Thanks for the valuable insight.

Posted by bullmarket1628 > 2021-09-04 10:47 | Report Abuse

Langkawi To Welcome Local Tourists As ‘Pilot Project’ Starting 16 September
Published 2 days ago September 2, 2021

worldofbuzz.com/langkawi-to-welcome-local-tourists-as-pilot-project-starting-16-september/

Posted by bullmarket1628 > 2021-09-04 10:47 | Report Abuse

The government has agreed to open the tourism sector in several destinations under the ‘travel bubble‘ programme based on a list of conditions.
As reported by Utusan Malaysia, Prime Minister Datuk Seri Ismail Sabri Yaakob said, for a start, Langkawi Island was chosen as a pilot project to be reopened to local tourists on Malaysia Day, 16 September.
“We are pleased to inform that through the meeting, we agreed to open the tourism sector in several destinations under the “travel bubble” programme based on the conditions set. For a start, Langkawi Island has been selected as a pilot project to reopen to local tourists starting 16 September,” he said.
He added that it would not be long before other tourist destinations will also be a part of this project.

“Other tourist destinations will be allowed to operate when the locality vaccination rate reaches 80%,” he said.

Posted by stkoay > 2021-09-04 12:33 | Report Abuse

@tolle...over here you are the pioneer/sifu...we still need to learn from you.
What I shared is just 2 sen from my observation.
...and I observed from the previous DRP...the closing price on ex date was the same as the closing price on announcement date....meaning during the period, the share price gained 39 sen.

Posted by jeffchan1901 > 2021-09-05 09:21 | Report Abuse

hi stkoay, I noticed that you are investing quite heavily into MBB, maybe only MBB. just wondering but are you planning to diversify to other stocks to spread the risk?

Posted by Bgt 9963 > 2021-09-05 10:02 | Report Abuse

Coming..

Posted by stkoay > 2021-09-05 12:57 | Report Abuse

hi jeffchan, last year I bought into Mahsing (average 0.65), CIMB (average 3.49), Genting (average 3.80) and RHB (average 4.52).

I started buying MBB only March this year after most stocks that I follow have rebounded sharply...and I only find value in MBB then, which is low beta, stable and gives one of highest dividend yield.

Recently, I have taken profit on some of the stocks I bought last year and switch the proceed to add MBB.

If you do home work and read their 5 years plan (Target to achieve EPS of more than 100 sen), MBB not only provide a good steady stream of dividend but also very good potential of high capital appreciation in the next few years.

As a long term value investor, MBB is now my No.1 holding.

Posted by stkoay > 2021-09-05 13:02 | Report Abuse

https://www.theedgemarkets.com/article/maybank-set-fiveyear-plan-achieve-1315-roe

https://klse.i3investor.com/servlets/ptres/59261.jsp

Posted by jeffchan1901 > 2021-09-05 16:46 | Report Abuse

@stkoay thanks for sharing your thoughts on this. yes did notice MBB has been quite consistent and generous in its dividend compared to PBB which was known previously for its dividend. Guess things have change due to the perhaps overly conservative stance by PBB. MBB definitely one to look out for.

I have narrowed down by portfolio and re-balance to concentrate more banking and utilities like Tenaga. Like MBB, Tenaga dividend policy is also quite attractive too. I am bullish on their prospects given their aggressive approach to meet the ESG goals. currently I am 1:4 ratio of MBB:Tenaga. I am thinking of rebalancing further to 1:2 when opportunity arises.

Did you invest in Tenaga too?

Posted by intrigue83 > 2021-09-05 17:49 | Report Abuse

∆∆∆

Meaning for every 1 mbb u have, you have 4 Tenaga? Like this very rich leh. Haha.. i planning to accumulate up to 20000unit of mbb. Currently around 50% target done

Posted by stkoay > 2021-09-05 18:45 | Report Abuse

Haha.....all MBB Club members also very rich leh....this stock is not for trader to play play...but long term investor to buy and keep :)

@jeff....yes Tenaga is also a good stock to keep....try to get some at 9.9+ on 24-8-21 but my Q didn't matched....gave up after it broke 10 the next day :(

Posted by jeffchan1901 > 2021-09-05 22:21 | Report Abuse

@itrique83 me rich? not even close. not by stkoay's standards at least. far from it.

@stkoay i accumulated Tenaga to average down to 10.05. now toying with possibility of selling some lots to catch MBB after ex date and to pump up a little on Bursa.

FYI.. I looked up some counters that interests me as am now looking at more divi stocks and this is what I found...

Dividend Policy:

Airport N/A
Bursa 75%
CIMB 40%
GenM N/A
Genting N/A
Public Bank 30%
Maybank 40% - 60%
Tenaga 40% - 60%

Posted by stkoay > 2021-09-06 11:31 | Report Abuse

https://www.malaymail.com/news/money/2021/09/06/local-equity-market-records-first-monthly-foreign-net-inflow-in-over-two-ye/2003279

KUALA LUMPUR, Sept 6 — Total monthly foreign net inflow reached RM1.1 billion in August this year, the first monthly foreign net inflow after 25 consecutive months of foreign net outflow, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.

Posted by Juliana > 2021-09-06 18:44 | Report Abuse

Buy bank lagi safe.

Posted by stkoay > 2021-09-06 20:02 | Report Abuse

Juliana, betul. Beli yang untung and ada beri dividend memang lebih safe dari yang rugi dan tak ada dividend dan tak tahu bila boleh pulih untung...haha :)

Posted by Lee Chee Wai > 2021-09-06 21:30 | Report Abuse

Beli Bank Stock dan harap gain dari capital growth....hedge dengan dividen

Posted by Michael Kwok > 2021-09-06 22:31 | Report Abuse

Sell Bank.Last year and this year bank loss 50-80 billion in total due to moratorium.Due to different accounting standard it's not written.Buy Ark 46-50 cents.Potential new shareholder and new businesses.I predict will shot above rm 1 before Chinese New Year.

Posted by Michael Kwok > 2021-09-06 22:32 | Report Abuse

Buy Ark using rm 15k.

Posted by tollebunsmith > 2021-09-06 23:29 | Report Abuse

Michael Kwok : really? actually how confident are you?... cos if relly want to punt , must buy 1 mil shares.. about RM500k only... then can see money.. if not confident , or buy small-small... better dont waste time. Like buy big small only teenagers will buy RM2 big 2 small. But if got dream number , i hantam RM200 big RM200 small.. if strike also got meaning..
So how confident are u?

Posted by tollebunsmith > 2021-09-06 23:33 | Report Abuse

Buy legal and xxxx.... (i deleted the earlier xomment and modified the words cos i scare stkoay jaga this forum 24/7, and i might get into trouble for stating xxx with the real word)