Posted by investortrader88 > 2021-11-02 09:04 | Report Abuse

Yesterday bought some tickets at RM 8.00.good luck guys.

Posted by jeffchan1901 > 2021-11-02 09:07 | Report Abuse

Actually after asking my remisier to look at my portfolio, he did suggested perhaps to pair down Tenaga for MBB as the latter DY is 13.04% while Tenaga is 8.28% atm. also Tenaga might be ignored by fund managers atm due to ESG and 5 years is a long time to expect Tenaga to resolve its coal issue. so yeah, a no brainer on this one

Posted by jeffchan1901 > 2021-11-02 09:12 | Report Abuse

Analysts stay bullish on banks

Analyst Reports Tuesday, 02 Nov 2021 8:51 AM MYT

KUALA LUMPUR: Cukai Makmur notwithstanding, analysts remain bullish on the banking sector as September banking system data continues to point towards an economic recovery.

In a note, Maybank Investment Bank Research said it remains positive on banks as the pace of contraction in working capital loan applications is slowing and looks set to turn the corner.

"With the gradual opening up of the economy, we expect loan growth to strengthen in the coming months and maintain our industry loan growth forecast of 3.8% (annualized 3.4% end-Sep 2021)," it said.

It added that the one-off Cukai Makmur is expected to dampen banks' earnings in FY22 but a possible offset could be lower-than-expected provisions.

Meanwhile, RHB Research said the healthy uptick in system loans in September, which offsets the month-on-month contraction in August, points to a sequentially stronger loan growth for 3Q21, albeit modest.

It said net interest margin will likely be stable given the still-healthy CASA growth and unchanged policy rate while asset quality will remain steady due to the various relief assistance provided by banks.

"Banks remain the best proxy for the economic recovery and rate hike cycle, while the impact of the National People’s Wellbeing and Economic Recovery (Pemulih) moratorium is expected to be manageable, given the very targeted scope," said RHB, which maintained its "overweight" call.

The research firm noted that system loans in September rebounded 1% m-o-m, helped by the phased relaxation of lockdown measures.

The rebound was led by working capital loans, mortgages and loans for purchase of securities.

Reflecting the pick-up in economic activities, lending to the non-household segment rose 1.5% MoM, outpacing the 1.0% MoM increase in household loans, added the brokerage.

System loan applications on a three-month moving average basis was up 2.6% m-o-m after falling 6% m-o-m in August.

Applications from the household segment increased 5.2% m-o-m, while demand from the business segment dipped a modest 0.8% m-o-m.

On a monthly basis, the growth in loan applications was sustained at 12% m-o-m, boosted mainly by the household segment.

In other September data, system deposits grew 1.4% m-o-m although current account savings account (Casa) growth momentum continued to moderate to 11.3% year-on-year.

System GILs declined 5.1% m-o-m mainly due to a sharp drop in working capital GILs while construciton and auto GILs fells m-o-m. The system GIL ratio ticked down to 1.57%.

SME financing grew 0.6% m-o-m in August with a broad-based improvement across manufacturing, wholesale and retail and construction being the key drivers.

https://www.thestar.com.my/business/business-news/2021/11/02/analysts-stay-bullish-on-banks

Posted by Bgt 9963 > 2021-11-02 09:26 | Report Abuse

Over sold yesterday !

Posted by jeffchan1901 > 2021-11-02 09:58 | Report Abuse

yeah so what? I already mentioned that it will go down a bit more before picking up. foreign funds start trading at 3.00-4.00pm. This morning trade is local fund.

Posted by tollebunsmith > 2021-11-02 10:09 | Report Abuse

supersinginvestor : if u are so smart; show what u got after all this years... nothing much,, right,,, liar supersinginvestor said he ta fei kei everyday and wanted to leave MBBforum, but still here. SO dont believe him...
supersinginvestor , go away and ta fei kei...


supersinginvestor, gpo away to Tenaga forum.. why are u here then?

Posted by tollebunsmith > 2021-11-02 10:09 | Report Abuse

supersinginvestor : is a dickless liar

Posted by tollebunsmith > 2021-11-02 10:10 | Report Abuse

the reason supersinginvestor because he loves maybank and cant afford it. lol

Posted by tollebunsmith > 2021-11-02 10:51 | Report Abuse

know why?? because he waste money asking people to help him taa fei kei..... everyday

Posted by jeffchan1901 > 2021-11-02 11:14 | Report Abuse

@tollebunsmith sifu, dont ask him go Tenaga la.. dun want to see him there as well la :-) Ask him to go Serbadk or SCIB or AirAsia or something

Posted by stkoay > 2021-11-02 11:59 | Report Abuse

Posted by supersinginvestor > Nov 1, 2021 2:07 PM | Report Abuse

Little people plz understand
Pbbank is here cos of the gormen doing good..
All that good has to be paid for..
Gst cant now cos election soon..
Other taxes r worse...
This is best...markets should be going up..
But as u know little people r fools...
The smart buy now..

_________________________________________________________________________


Sifu tolle,
He owns a very little numbatu PBB...being an insecure mental case...he feels threaten by this numbawan MBB....so, must come here to talk 3 talk 4 talk kok......

....laugh die me....LOL

Posted by stkoay > 2021-11-02 12:07 | Report Abuse

Sorry Singh investor...we cannot be friend..because we are of different standard....and different category.

Posted by stkoay > 2021-11-02 12:08 | Report Abuse

Go find someone who is like you !

Posted by skybursa > 2021-11-02 12:10 | Report Abuse

For those who received 0.665 cents dividend this year already enough to offset any losses. And this one off taxes won't have much affect on the long-term.

Posted by SailangBilis > 2021-11-02 12:13 | Report Abuse

Sailang one lot at 7.99, can get onot, XD.

Posted by stkoay > 2021-11-02 12:21 | Report Abuse

Haha....superSinghinvestor asked to be friend...then deleted his post

Posted by stkoay > 2021-11-02 12:21 | Report Abuse

Confirmed ! an insecure mental case !

Posted by stkoay > 2021-11-02 12:29 | Report Abuse

pang72.....am queuing 7.99 n 7.98....

....congratulation to jeffchan and those who bought yesterday...good decision!

Posted by Aaa123 > 2021-11-02 12:51 | Report Abuse

hello all, May i know if digital bank project start next year, is it a negative news for Maybank

Posted by jeffchan1901 > 2021-11-02 12:53 | Report Abuse

@stkoay just lucky to grab. took a hit on Tenaga for liquidating at a loss but no regrets as the potential price upswing will negate the losses. just unfortunately couldn't buy more

Posted by tollebunsmith > 2021-11-02 14:38 | Report Abuse

stkoay : lol.. this world is getting nuttier

Posted by stkoay > 2021-11-02 14:41 | Report Abuse

@jeffchan1901....agree...buy at 8...lock in your safe...every year get 6-8% dividend....will never loose money.

Management has a guidance of "more than 100 sen earning per share earning" in their 5 years plan.

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


Maybank president and chief executive officer Datuk Abdul Farid Alias said the group has set its desired long-term outcomes by 2025, including an aspirational return on equity (ROE) of between 13% and 15%, a cost-to-income ratio of below 45%, earnings per share (EPS) of more than 100 sen and delivering a dividend payout ratio of between 40% and 60% on a net cash basis.

Posted by stkoay > 2021-11-02 14:43 | Report Abuse

Yes sifu tolle...when we have the mental case superSinghInvestor coming here again n again after saying he won't be back.

Posted by tollebunsmith > 2021-11-02 14:45 | Report Abuse

yes sifu stkoay. that sing lies non stop.

Posted by stkoay > 2021-11-02 14:47 | Report Abuse

Now, new tricks....crate new account...haha...laugh die me

Posted by tollebunsmith > 2021-11-02 15:03 | Report Abuse

jeffchan1901: just sharing my concept of switching counters.

I always use clean money (fresh cash or reserved moneyiemergency fund. and replace it within a period by selling off my unwanted shares.

I seldom switch instantly counter A with counter B cos of this extra charge/overhead issue

When I buy Buy counter A share: 1.2% in overheads.
When I buy Sell counter A share: 1.2% in overheads.
When I buy Buy counter B share: 1.2% in overheads.

So this extra 3.6% is extra expense of owning this B share ( in MBB case is about 24 sen just to break even.

As price drop occurs, it effects both shares.

I prefer to buy B share if i see an oppurtunity immediatly , and hold A share for a while for it to bounce back like 1-2% and sell it at a better price to replace my reserve money.

This only applies to big volume purchases but is negligible if shares are about 1-2k.

Just my 2 sen view from the point of view of a small time investor.

Any differing opinion is much appreciated.


I

Posted by stkoay > 2021-11-02 15:21 | Report Abuse

Maybank’s Indo unit posted 4-fold QoQ increase in earnings, thanks to positive Jaws (from stronger total income) and lower loan loss provision. Also, NIM has widened sequentially. However, loans growth remained weak and NPL ratio has continued to climb higher. That said, results were in line and thus, our forecasts were unchanged. We still like Maybank for its regional exposure and leadership position. Furthermore, it offers superior dividend yield. Besides, it is one of the least affected bank by “Makmur Tax” and its lower foreign shareholding level vs larger banks, makes it less susceptible to sell-off. Maintain BUY and GGM-TP of RM9.40, based on 1.22x FY22 P/B.

Source: Hong Leong Investment Bank Research - 2 Nov 2021

https://klse.i3investor.com/servlets/ptres/61106.jsp

Posted by stkoay > 2021-11-02 15:22 | Report Abuse

sifu tolle....agree and it's a good strategy...but need to have extra fund

Posted by stkoay > 2021-11-02 15:26 | Report Abuse

Trending Now - Hot Stocks Today
Rank Company Score
1 MAYBANK 1000
2 SERBADK 896
3 PBBANK 844
4 TOPGLOV 669
5 SCIB 625
6 TENAGA 607
7 SUPERMX 591
8 BURSA 574
9 GENTING 543
10 DNEX 508
Last updated: Nov 2, 2:56 PM

Wow....numbawan hot stock for today..

Posted by Aaa123 > 2021-11-02 15:57 | Report Abuse

Guys, i am new here. Possible to provide your opinions, what will be the affect for Maybank, if Digital Bank launch next year? Because Maybank is not in the list

Posted by jeffchan1901 > 2021-11-02 16:42 | Report Abuse

@tollebunsmith agreed with you but unfortuately I don't have fresh funds as in between jobs at the moment and my other funds locked in long term funds (ASN) and insurance.

Btw, noticed your brokerage is 1.2% which broker are you using? I am using MIB and at 1.0% brokerage only

Posted by jeffchan1901 > 2021-11-02 16:48 | Report Abuse

@Aaa123 you are also not in the list, does it affect you? btw newbies should consider Serbadk, SCIB, KPower, etc currently hot stocks at the moment.

Posted by tollebunsmith > 2021-11-02 16:52 | Report Abuse

Aaa123 L Pls google Digital Bank Hong Kong. As everybody here can only forward an opinion and not facts, You would have to determine whst make an entity "digital" and the services offered and the infrastructure required and foundation to be laid. And it all translates into expenditure where the return are unsure. Might well be your benefit if u studied what was and is the "digital banks" and success or failure of it in Hong Kong.

Spoon fed answers and short answers may not be what u should targeting as it will not suit ur purpose.

Once u have the basic understanding and past implementation, ur questions would solicit a mre in depth views and opinion.

If u father have a short and more realistic point for investment, u would be much better off with a List of Approved Financial Advisers would be more helpful.

Posted by tollebunsmith > 2021-11-02 16:53 | Report Abuse

Aaa123: hope u take it positively and welcome to share opinions and views to share to better ourselves.

Posted by jeffchan1901 > 2021-11-02 16:54 | Report Abuse

@tollebunsmith, Aaa123 is most prolly a troll created to plant doubts judging by his questions which are the same. best to ignore him. prolly Supersing alter-ego

Posted by jeffchan1901 > 2021-11-02 16:57 | Report Abuse

@stkoay congrats.. 4.50.55pm and 4.51.03 had 7779lots sold. MBB will pick up soon judging by the constant badgering for past few days. so my remisier was right

Posted by tollebunsmith > 2021-11-02 17:01 | Report Abuse

jeffchan1901 : RHB with margin.

I see u have fixed price fund, just like me and sifu stkoay.

Welcome to the club.

Posted by Aaa123 > 2021-11-02 17:03 | Report Abuse

@tollebunsmith Thx for your suggestion

Posted by Aaa123 > 2021-11-02 17:05 | Report Abuse

jeffchan1901 this guy is like a dog barking here haha. You could ignore my question, if you like. But please stop barking everywhere

Posted by stkoay > 2021-11-02 17:06 | Report Abuse

sifu tolle...I suspect you were answering to singh investor 2.0

...haha :p

Posted by tollebunsmith > 2021-11-02 17:26 | Report Abuse

hahhhaaa yes u are right sifu stkoay.. that nut is using a troll nick... just realised,, thansk for the head up/// next time i will be careful with the mad sing

Posted by jeffchan1901 > 2021-11-02 17:29 | Report Abuse

@Aaa123 at least I am not attention seeker who has Daddy issues craving for fatherly love like you.

Posted by stkoay > 2021-11-02 17:42 | Report Abuse

tomorrow there will be a Bbb123....haha :p

Posted by stkoay > 2021-11-02 17:48 | Report Abuse

It appears that a strong 4QCY21 is on track, as we had expected from the loosening of movement controls and with interstate travel spurring consumption. The initiatives from the Budget 2022are mostly positive for the banking sector as various measures have been proposed to increase household income with jobs creation and more cash assistances. Businesses (mainly SMEs) will benefit with enhanced micro-lending facilities while receiving incentives for hiring employees from targeted groups. However, the one-off Prosperity Tax will hurt CY22Eearnings, by 5-14% within our coverage buthas a marginal impact to our TPs (refer to overleaf for further details).


MAYBANK(OP; TP: RM10.55) is our Top Pick for dividend safety (6-7% yield)


Source: Kenanga Research - 1 Nov 2021


https://klse.i3investor.com/servlets/ptres/61102.jsp

Posted by chowwei > 2021-11-02 18:15 | Report Abuse

MAYBANK / TP / 8.305 / 8.200 /
/ 7.805 / 7.050 /
/ 6.950 / Lap 9 E / 吹水 不必本 /

Posted by oskchoon > 2021-11-02 20:35 |

Post removed.Why?

Posted by Intrinsic99 > 2021-11-02 21:39 | Report Abuse

Why nowadays so many fxxker iddiots keep on spamming all the forum?

Why 3iii administrator never take action to suspend this fxxker iddiot account?



Posted by oskchoon > Nov 2, 2021 8:35 PM | Report Abuse 

This September quarter Hartalega EPS is only 27 sens and it is paying 35 sens dividend , did you find any tech company paying like this, only Glove counters dividend yields are the highest compared with other industries even better than banks, Plantation, Banks or tech companies.

Posted by jeffchan1901 > 2021-11-03 07:33 | Report Abuse

Banking - Improving Trends

Author: HLInvest | Publish date: Mon, 1 Nov 2021, 10:52 AM

Both system loans and deposits growth picked up momentum to 2.9% and 4.7% respectively. Similarly, leading indicators and asset quality have improved. As for NIM, we see it coming under slight pressure premised on brewing deposit rivalry and limited scope for further CASA expansion. Despite largely positive developments, we expect knee-jerk reaction to share prices, no thanks to ‘Cukai Makmur’. We advocate to accumulate on weakness, especially if the pull back is close to 10%. Keep OVERWEIGHT; BUY ratings include: Maybank, Public, RHB, and Affin.

Sep-21’s loans growth picked up momentum to 2.9% YoY (Aug: +2.5%), led by the business (Biz) segment, which strengthened to 2.3% (Aug: +0.8%); this was primarily buoyed by working capital financing (+3.8%). However, household (HH) lending stays tepid at 3.2% (Aug: +3.4%) due to weak auto (-0.6%) and personal loans (-0.5%). For now, overall system loans growth continues to trend beneath our +3.0-3.5% full-year FY21 estimates but we expect this to further gain traction at the later part of the year, given economic reopening.

Leading indicators improved. Loan applications expanded 12.5% MoM on the back of stronger HH credit appetite (+31.8%) but Biz remained sluggish (-9.6%). Similarly, loans approval saw an improvement of 13.7%; this was fuelled by accommodative HH (+30.9%) but again Biz was lacklustre (-0.1%).

Deposits growth also gathered steam to 4.7% YoY (Aug: +3.7%) as FD contraction has narrowed (-1.7% vs Aug: -2.8%) while other deposits grown faster (+5.4% vs Aug: +1.5%). Overall, Sep-21’s loan-to-deposit ratio remained flattish MoM at 87% (near to Feb-18’s peak of 89%). We understand there is brewing deposit rivalry in the market.

Asset quality seems to have mended as gross impaired loans (GIL) ratio decreased 10bp MoM to 1.57%; this was aided by Biz, which declined 26bp while HH nudged up 1bp. Regardless, we expect GIL ratio to rise but would not be overly worried as banks have already made heavy pre-emptive provisioning in FY20 and we reckon credit risk has been adequately priced in by the market, looking at the elevated NCC assumption utilized for FY21 by both us and consensus (above the normalized run-rate but below FY20’s level). Moreover, the Government and BNM will remain supportive in helping troubled borrowers, limiting a significant deterioration in GIL ratio.

Interest spread widened. Average lending rate expanded 5bp MoM while the 3-mth board fixed deposit rate ticked up 1bp. As consequence, the spread widened by 4bp. Nevertheless, we expect net interest margin (NIM) to be under slight pressure given brewing deposit rivalry and limited scope for further CASA expansion.

Maintain OVERWEIGHT. We expect knee-jerk reaction to share prices due to ‘Cukai Makmur’; we estimate sector earnings impact is -10%. However, it is a one-off event and more importantly, Covid-19 woes are seen to fizzle out in 2022 while the state of the economy and banking sector will only get better in time. Moreover, valuations are still undemanding and there is ample liquidity in the market. As such, we advocate to accumulate on weakness, especially if share prices pull back by c.10%, similar to our ‘Cukai Makmur’ profit impact calculation. BUY ratings include: Maybank (TP: RM9.40), Public Bank (TP: RM4.50), RHB (TP: RM6.85), and Affin (TP: RM2.15).

Source: Hong Leong Investment Bank Research - 1 Nov 2021

Posted by stkoay > 2021-11-03 16:53 | Report Abuse

7.99 not match....8.00 also not match :(

Posted by JJFinn > 2021-11-03 17:30 | Report Abuse

@stkoay : let see if friday can get :). Have a good rest day tomorrow....