Posted by wynwyn > 2022-05-06 12:18 | Report Abuse

Thank you for the 5.80 calls...stock price goes up as the frequency of the calls increases....keep at it please!

Posted by Maverickeking > 2022-05-06 12:54 | Report Abuse

https://str.sg/wXmR

Posted by CurryBento > 2022-05-06 13:49 | Report Abuse

OVERWEIGHT, Top Picks: Hong Leong Bank, Malayan Banking and AMMB. Loan growth momentum resumed in March after slowing down in February. System loans ticked up by 0.6% MoM (YoY: +4.6%). Demand for financing was strong as applications, on a 3-month moving average (3MA) basis, increased by 2.9% MoM. Asset quality remained resilient despite hefty impairments in the wholesale, retail, and restaurants & hotels sector. We maintain our system loans growth forecast at 5.2% for 2022, premised on the reopening of borders and pick-up in economic activity.


Encouraging system loan growth. Mar 2022 loan growth was driven by loans to the household (+0.5% MoM, +4.9% YoY) and manufacturing (+1.8% MoM, +9.7% YoY) sectors. These were slightly offset by decreases in loans to the mining & quarrying (-9.5% MoM, -12.8% YoY) and agriculture (-2.1% MoM, -4.9% YoY) sectors. By purpose, small increments were recorded across the board, except for loans for construction purposes, which dropped by 0.8% MoM (YoY: -5.9%).


Loan applications at record levels. System loan applications reached a new high of MYR98.6bn in Mar 2022 vs MYR94.2bn in Mar 2021, leading to a 2.9% MoM increase on a 3MA basis. In particular, applications from both households and non-households grew 5.9% and 1.3%. YoY, system applications were up 8.4%, also on a 3MA basis. Based on trends from previous years, we infer that the strong monthly performance could be attributed to seasonality, among other factors.


System deposits increased 0.3% MoM (YoY: +7.2%), driven by growth in savings deposits (+0.8% MoM, +7.5% YoY). However, demand deposits contracted by 0.3% MoM (YoY: +5.9%), bringing CASA growth to +0.1% MoM (YoY: +6.4%). As at Mar 2022, system CASA ratio stood at 42.1% (Feb 2022: 42.2%), while system LDR was at 86.5% (Feb 2022: 86.3%).


Asset quality still robust. In Mar 2022, system GIL ratio stood at 1.54% (Feb 2022: 1.53%). Specifically, lumpy impairments were seen in the wholesale, retail, restaurants & hotels sector (+7.5% MoM, +15.7% YoY). However, a lower LLC ratio of 115.7% (Feb 2022: 123.1%) was recorded on the back of lower provisions. This marks the first time since Sep 2021 that LLC was below 120%. For Jan-Mar 2022, system GILs rose 7.9% YTD on the sharp 2.6x increase in mining & quarrying impairments that lifted the sector NPL ratio to 15.6% (Dec 2021: 3.69%). We believe the higher mining & quarrying GILs were mainly from the oil & gas exposures.
Small & medium enterprises (SME) loans grew 1.2% MoM, led by notable increases in loans to the wholesale, retail, restaurants & hotels (+1.2%) and construction (+3.1%) sectors. YoY, SME loans advanced 6.2%, with large contributions from the transportation (+26.9%) and manufacturing (+9.9%) sectors.

Posted by omakase > 2022-05-06 20:34 | Report Abuse

federal reserves rise interest rate benefit bank

Posted by omakase > 2022-05-06 20:34 | Report Abuse

maybank on the way up to 10 ringgit above

Posted by prudentinvestor > 2022-05-06 22:11 | Report Abuse

Sharp drops on Wall Street will eventually adversely affect local sentiment. We can't be immune to drastic falls elsewhere especially the US though our stock market is trading at a PE ratio 1/3 of US stocks.

Posted by DickyMe > 2022-05-07 13:08 |

Post removed.Why?

Posted by jeffchan1901 > 2022-05-08 02:39 | Report Abuse

liar

Posted by DickyMe > 2022-05-08 11:09 |

Post removed.Why?

Posted by masterus > 2022-05-08 13:20 | Report Abuse

NOPEC: America's Last Stand Against OPEC’s Drift To The East
By Simon Watkins - May 07, 2022, 6:00 PM CDT
U.S. Senate Judicial Committee passed the NOPEC bill on Thursday.
Washington ups the ante on former Middle East allies.
The NOPEC bill could have serious consequences for OPEC as a whole, and for Saudi Arabia in specific.

Posted by masterus > 2022-05-08 13:20 | Report Abuse

Us want sanction OPEC

Posted by masterus > 2022-05-08 13:36 | Report Abuse

OPEC comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.

Posted by prudentinvestor > 2022-05-08 16:45 | Report Abuse

A snake oil seller has been trying hard to sell his unreliable product at RM5.80 a bottle. Don't be deceived by him.

Posted by DickyMe > 2022-05-08 20:26 |

Post removed.Why?

Posted by geniusraider > 2022-05-09 11:37 | Report Abuse

5.80 coming all mampus

Posted by prudentinvestor > 2022-05-09 12:43 | Report Abuse

Even when KLCI dropped below 1,200 points two years ago, Maybank held steady at above RM7.

Posted by DickyMe > 2022-05-09 14:40 |

Post removed.Why?

Posted by sreemani1316 > 2022-05-09 16:03 | Report Abuse

Giving same remark every time without any basis... Such a nuisance

Posted by CurryBento > 2022-05-09 17:01 | Report Abuse

Dicky Me spammer ? hahaha

Posted by prudentinvestor > 2022-05-09 17:16 | Report Abuse

Sometimes you can glean some information about a person's character from his choice of a pseudonym. hahahahaha

Posted by Runnerup > 2022-05-10 09:38 | Report Abuse

“fearful when others are greedy, and greedy when others are fearful.”

Posted by prudentinvestor > 2022-05-11 12:41 | Report Abuse

Maybank moving north again. Could it be an indication that the quarterly results to be announced later this month would be better than expected?

Posted by wynwyn > 2022-05-11 12:42 | Report Abuse

Please continue that 5.80 calls...see you when MBB is 10!

Posted by stkoay > 2022-05-11 15:18 | Report Abuse

https://www.theedgemarkets.com/article/bnm-raises-opr-2-record-low-175

Posted by Cecil_The_Fool > 2022-05-11 16:02 | Report Abuse

More RM 5.80 coming soon , RM 9.00 + RM 5.80 = RM14.80

Posted by stkoay > 2022-05-11 16:05 | Report Abuse

How the share price will move is anyone guess...but better dividend is almost a certainty.

Posted by Maverickeking > 2022-05-11 16:05 | Report Abuse

Tiger roaring all banks roaring because of BNM increase of interest rates

Posted by DickyMe > 2022-05-11 16:39 |

Post removed.Why?

Posted by EAGLE > 2022-05-11 16:44 | Report Abuse

Interest rate hike by bnm. Wang besar.

Posted by Excel Properties > 2022-05-11 18:01 | Report Abuse

Maybank bisness very good. Hiring many people. The tellers all I see always senyum besar

Posted by prudentinvestor > 2022-05-11 20:08 | Report Abuse

"RM 5.80 coming soon"
You have been saying this for several months now but Maybank keeps going up. Post something more interesting.

Posted by DickyMe > 2022-05-11 22:54 |

Post removed.Why?

Posted by lomas > 2022-05-12 06:13 | Report Abuse

RM5.80? I don't get it. Did you mean RM8.50?

Posted by xxxx > 2022-05-12 07:51 | Report Abuse

Even 8.50 is ridiculously low. Perhaps 9.80.

Posted by derricksyl > 2022-05-12 09:08 | Report Abuse

Will up to 9.50 ....

Posted by Stockgeek > 2022-05-12 09:16 | Report Abuse

rm10 coming soon.

Posted by prudentinvestor > 2022-05-12 09:23 | Report Abuse

"RM 5.80 will be coming soon."
Maybank has gone up by more than RM1 over the past three months, including the 30 sen a share final dividend. Don't you think it is a tight slap on your face?

Posted by yewnamhung > 2022-05-12 09:42 | Report Abuse

Any bonus issue news 1 + 1 ?

Posted by wynwyn > 2022-05-12 11:03 | Report Abuse

He is blessing MBB everytime he says 5.80...please keep it up...hope he up his frequency! Up up and the way, May!

Posted by jeffchan1901 > 2022-05-12 12:34 | Report Abuse

any simpleton doing or saying the same thing over and over again and expecting a different result is a Fool

Posted by Jaya > 2022-05-12 14:53 | Report Abuse

Base rate increase more hardship for people
Be careful

Posted by Jaya > 2022-05-12 14:54 | Report Abuse

Npl will increase

Posted by Jaya > 2022-05-12 14:55 | Report Abuse

Maybank should be vigilant & prudent like public bank

Posted by raiderking > 2022-05-13 09:25 | Report Abuse

Those banks with billions of unsecured loans will be hit.

Posted by DickyMe > 2022-05-13 10:48 |

Post removed.Why?

Posted by LossAversion > 2022-05-13 11:11 | Report Abuse

@DickyMe, I think perhaps you should use S$ instead of RM in front of 5.80??!!!

Posted by cwc1981 > 2022-05-13 18:38 | Report Abuse

If really drop to RM5.80, many stock to choose lo

Posted by prudentinvestor > 2022-05-13 20:28 | Report Abuse

"RM 5.80 will be coming soon."
This is almost a 40% drop from its present level. When this happens, the value of the shares you hold will drop by more than 80%.

Posted by jeffchan1901 > 2022-05-13 20:55 | Report Abuse

I think what that 'prick' (opss... I meant Dick, ehh...nvm) is saying is, Bonus Issue coming.

Posted by stockraider > 2022-05-14 09:47 | Report Abuse

Very safe mah!