Posted by stkoay > 2022-08-24 16:57 | Report Abuse

@Cslee...you mean strong support?

Posted by stkoay > 2022-08-24 16:58 | Report Abuse

Looked like from left hand to right hand....

Posted by Cslee1215 > 2022-08-24 16:59 | Report Abuse

Oh yeah, 8.80 is my target that why i seeing it as resistance

Posted by stkoay > 2022-08-24 17:03 | Report Abuse

Big volume, but price didn't move.....or is it epf was dumping to ff?

Posted by Cslee1215 > 2022-08-24 17:06 | Report Abuse

Let see tomorrow show

Posted by stkoay > 2022-08-25 12:44 | Report Abuse

1st interim dividend 28 sen

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3286182

Posted by Pinky > 2022-08-25 12:47 | Report Abuse

Wow revenue and profit drop

Posted by stkoay > 2022-08-25 12:49 | Report Abuse

21 sen cash plus 7 sen DRP

Posted by DianaOo1 > 2022-08-25 12:59 | Report Abuse

@sifu stkoay, tqvm for the link! :)

Posted by choysun > 2022-08-25 13:07 | Report Abuse

Thank you dividend :)

Posted by kl_guy > 2022-08-25 13:36 | Report Abuse

nice dividen .

Posted by staypositive > 2022-08-25 14:52 | Report Abuse

stkoay - Super fast info =) tq

Posted by stkoay > 2022-08-25 14:55 | Report Abuse

https://www.theedgemarkets.com/article/maybank-2q-net-profit-down-54-despite-higher-net-interest-income-declares-28-sen-dividend
he bank declared a first interim dividend of 28 sen per share, to be paid no later than in three months. It is to be accompanied by an applicable dividend reinvestment plan — whereby seven sen can be elected to be reinvested in new shares.

The banking giant's net interest income grew 16.5% to RM3.52 billion in 2QFY22 from RM3.01 billion a year ago. This helped lift its net operating income to RM6.83 billion from RM6.17 billion.

Notably, Maybank's other operating income shrank substantially to RM366.9 million in the quarter under review from RM1.15 billion a year ago as a result of unrealised mark-to-market loss of RM781 million. It was a mark-to-market gain of RM990.9 million a year ago.

Posted by stkoay > 2022-08-25 14:56 | Report Abuse

Profit lower due to mark to market unrealised loss

Posted by stkoay > 2022-08-25 15:00 | Report Abuse

Announcement of ex date and DRP price fixing will probably on 2-9-22

Posted by Cslee1215 > 2022-08-25 15:37 | Report Abuse

Very generous despite drop in profit. No wonder tiger got strong support.

Posted by stkoay > 2022-08-25 17:34 | Report Abuse

Can expect this year's dividend to at least match last year's, from historical data, 2nd interim dividend had never been lower than 1st interim.

Posted by stkoay > 2022-08-25 17:38 | Report Abuse

58 sen versus current price of 8.84 equal to a yield of 6.56%......very attractive for long term hold.

Posted by stkoay > 2022-08-25 17:42 | Report Abuse

DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE FIRST INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2022 ("23RD DRP")

On behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad wishes to announce that Bank Negara Malaysia has granted its approval for Maybank to increase its share capital through the issuance of up to 138.0 million new ordinary shares in Maybank pursuant to the 23rd DRP.

This announcement is dated 25 August 2022.

Posted by stkoay > 2022-08-25 17:44 | Report Abuse

This tiger has been very efficient lately, can expect the dividend to be in around mid October.

Posted by prudentinvestor > 2022-08-25 17:47 | Report Abuse

Instead of keeping your money in banks (and you risk losing it through scams), why not invest in Maybank? So simple and yet so safe!

Posted by stkoay > 2022-08-25 17:48 | Report Abuse

14th October, I guess.

Posted by stkoay > 2022-08-25 17:52 | Report Abuse

Bank only give you about 3% and "capital guaranteed" meaning no capital appreciation....haha

This tiger gives more than 6.5% plus chances of capital appreciation :)

Posted by Cslee1215 > 2022-08-25 18:21 | Report Abuse

Start planning october holiday guys.

Posted by stkoay > 2022-08-25 19:30 | Report Abuse

KUALA LUMPUR (Aug 25): Malayan Banking Bhd (Maybank)’s nearly 60% increase in allowances for impairment losses on loans in the second quarter could just be a one-off event, said its newly appointed group president and chief executive officer Datuk Khairussaleh Ramli.

Khairussaleh explained that the spike in loan loss provision is a pre-emptive measure in anticipation of weaker external environment outlook in the second half of the year.

“This is a pre-emptive provision, and it is supposed to be one-off, particularly affecting segments of oil and gas as well as hospitality,” said Khairussaleh in his first media briefing on quarterly results since his return to Maybank in May.

Posted by DickyMe10 > 2022-08-25 19:57 |

Post removed.Why?

Posted by Mabel > 2022-08-25 22:50 | Report Abuse

Yum Yum Yum so Yummy

The bank declared a first interim dividend of 28 sen per share. It is to be accompanied by an applicable dividend reinvestment plan — whereby seven sen can be elected to be reinvested in new shares.

https://www.theedgemarkets.com/article/maybank-2q-net-profit-down-54-despite-higher-net-interest-income-declares-28-sen-dividend

Meow Meow Meow

Posted by staypositive > 2022-08-26 01:55 | Report Abuse

Maybank or EPF both good haha but Maybank slightly higher yield

Posted by jeffchan1901 > 2022-08-26 02:14 | Report Abuse

28 sens... nice... same as last year H2 rate... Hahah... Hari, hari mau like that... just dont buy Serbadak... that one take you go Holland

Posted by Cslee1215 > 2022-08-26 09:31 | Report Abuse

New tp? Seem like 2nd half will tough.

Posted by LeonardLiong > 2022-08-26 10:08 | Report Abuse

Very good dividend. Let's Octoberfest

Posted by valueiseverything > 2022-08-26 10:14 | Report Abuse

Anything below 9 is a great bargain for long term.

Posted by stkoay > 2022-08-26 12:36 | Report Abuse

https://www.theedgemarkets.com/article/analysts-still-maybank-despite-preemptive-provisions-2q

Posted by prudentinvestor > 2022-08-26 17:06 | Report Abuse

Maybank detractors who regularly post comments saying that it would soon drop to RM5.80 must be very disappointed. I hope they stop wasting their time.

Posted by valueiseverything > 2022-08-29 09:37 | Report Abuse

They tot its a pump and dump stocks lolz. You don't wait for a cheap price when it comes to banking stocks. You buy and hope for stable dividends every year

Posted by Cslee1215 > 2022-08-29 10:37 | Report Abuse

These are alien from other dimension. Some called it day dreamer.

Posted by prudentinvestor > 2022-08-29 10:46 | Report Abuse

Despite Wall Street's sharp falls last Friday, many KLCI component counters, especially the GLCs have held up well. A number even register decent gains. This could be a sign that GE15 is imminent.

Posted by LeonardLiong > 2022-08-29 15:54 | Report Abuse

Hawkish speech from Powell last week at the Jackson Hole meeting. Seems like good news for banking sector~

Posted by stkoay > 2022-08-29 16:56 | Report Abuse

After the others have reported....it's confirmed......this is the DIVIDEND CHAMPION !

Posted by stkoay > 2022-08-29 17:01 | Report Abuse

RHB dividend should also be quite high if the 2nd interim can be maintained at last year level....

Posted by stkoay > 2022-08-29 17:04 | Report Abuse

But cannot compare......cos RHB is considered smaller bank (smaller cap)

Posted by Thaumoctopus > 2022-08-29 19:56 | Report Abuse

@valueiseverything yes, get them at cheap price and keep it for the dividend. Can even reduce the risk further by diversifying into other dividend stocks

Posted by stkoay > 2022-08-29 22:19 | Report Abuse

https://www.theedgemarkets.com/article/maybank-sees-asean-emerging-defensive-harbour-partially-decoupling-possible-us-recession

Posted by Cslee1215 > 2022-08-30 09:33 | Report Abuse

Asean outperform Eu.

Posted by Pinky > 2022-08-30 09:34 | Report Abuse

EPF dumped enuf d, start buying back!

Posted by stkoay > 2022-08-30 11:57 | Report Abuse

After 2Q22 report, RHB-OSK, KENANGA, HLG and AmInvest Investment Banks all gave HOLD call on Public Bank......
......These same IBs, all gave BUY call on Maybank :)

Posted by looiting > 2022-08-30 13:11 | Report Abuse

Banyak Bag Holders loh

Posted by moneyontheway > 2022-08-30 15:54 | Report Abuse

@jeffchan, has the dividend for ASW2020 been declared??

Posted by moneyontheway > 2022-08-30 15:57 | Report Abuse

@stkoay, how about the dividend for Hong leong bank is higher than Maybank??

Posted by stkoay > 2022-08-30 16:16 | Report Abuse

@money.....HLB full year 2022 dividend is only 55 sen....


https://www.theedgemarkets.com/article/hong-leong-bank-4q-net-profit-32-higher-net-income-lower-provisions

Hong Leong Bank declared a final dividend of 37 sen per share, bringing the full FY22 dividend to 55 sen per share, with a dividend payout ratio of 35%. This compares to the dividend of 35.22 sen per share for 4QFY21 and 50 sen per share for FY21.