Posted by stkoay > 2022-12-24 15:09 | Report Abuse

A few IBs also have a target price of above 10.00

RHB-OSK 10.20
KENANGA 10.40
CGS-CIMB 10.30

Posted by Zhuge_Liang > 2022-12-25 12:58 | Report Abuse

A few IBs also have a target price of above 10.00
RHB-OSK 10.20
KENANGA 10.40
CGS-CIMB 10.30
----------------
I think my investment skill is good to win in this stock.
Most of bank stocks will perform well in 2023 in a high interest rate regime.
Karma will apply to hater only.

Posted by stkoay > 2022-12-25 13:03 | Report Abuse

I accumulated 550k shares since March 2021, average price 7.896 (after drp shares)
....is that a good investment decision ? :p

Merry Christmas & Happy Prosperous New Year to all Maybank shareholders....

Posted by stkoay > 2022-12-25 13:06 | Report Abuse

.....have pocketed 342k from 4 dividends since then.

Posted by Zhuge_Liang > 2022-12-25 14:05 |

Post removed.Why?

Posted by sorrynaiklorry > 2022-12-27 16:21 | Report Abuse

@stkoay How come so little? 4 dividends should be around 500+k isn't it?

Posted by stkoay > 2022-12-27 17:06 | Report Abuse

I started accumulating since March 21....the first dividend was at lower quantity than 2nd....and 2nd lower than 3rd....I last reached my current volume on September 22.
...these are switching from my fixed income fund ASM
...will continue to switch if/when price is attractive :)

Posted by sorrynaiklorry > 2022-12-27 18:05 | Report Abuse

oh... my bad... i thought lumpsum.

Posted by sorrynaiklorry > 2022-12-27 18:30 | Report Abuse

Buying mbb 90k monthly until I stop having income. All eggs in one basket. Not sure wise or not. Refuse to invest in properties.

Posted by stkoay > 2022-12-27 20:20 | Report Abuse

Wow....true blue MBB shareholder....another rich uncle or successful young man? :p
....you will definitely have a golden retirement .
Congratulation @sorrynaiklorry.

Posted by jeffchan1901 > 2022-12-28 00:03 | Report Abuse

@stkoay nice accumulation to 4M. really loyal investor. btw did you needed to pay tax on the dividends alone?

Posted by nhbeen > 2022-12-28 06:03 | Report Abuse

We do not need to declare our dividend income in our tax submission like previous years. It is a single tier reporting system now and we are not entitle to claim tax credit from Income Tax Dept depending on our tax regime. Also the dividend we received is net dividend after tax. But it is good to keep a record of the dividends we received just in case we need to make huge purchases in the future.

Posted by nhbeen > 2022-12-28 06:05 | Report Abuse

Huge purchases I mean something like car, house, etc. In case Income Tax Dept request us to substantiate the source of our income on this purchase. Hope my explanation is correct.

Posted by prudentinvestor > 2022-12-28 09:10 | Report Abuse

Wow! A lot of investors are buying Maybank shares in the tens of thousands. Soon ASB would lose its control over Maybank.

Posted by speakup > 2022-12-28 09:41 | Report Abuse

rich ppl buy maybank, hlbank
average ppl buy cimb, rhb
poor ppl buy mbsb

Posted by stkoay > 2022-12-28 12:03 | Report Abuse

@jeffchan1901...nhbeen explanation is correct, dividend, as of now, is tax free.

Maybank is a low beta stock,a very suitable investment to park your retirement fund with an attractive yield of 6 to 7 %.

Many people I know do have (at least) some in their portfolio.

Posted by 4dking777 > 2022-12-28 12:08 | Report Abuse

many millionaire here.... maybank make alot of ppl rich

Posted by LeonardLiong > 2022-12-28 15:55 | Report Abuse

Make ppl have a good retirement fund is more accurate

Posted by TomYam > 2022-12-29 10:50 | Report Abuse

Inflation bite seen less painful in 2023; 50 bps OPR hike still likely - The Edge Markets http://www.theedgemarkets.com/node/649787#.

Posted by stkoay > 2022-12-31 00:02 | Report Abuse

Total return for 2022 - 11.8% (including dividend)

Yat Yat Fatt.

Hope more Fatt to come in 2023.

Happy Prosperous New Year to all.
Cheers.......

Posted by speakup > 2022-12-31 13:17 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2022/12/30/data-leak-claim-involving-maybank-astro-and-ec-being-probed-says-fahmi/

ADUH!

Posted by stkoay > 2022-12-31 14:38 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2022/12/30/1-8mil-maybank-account-numbers-in-data-leak-are-fake-says-minister/

PETALING JAYA: The 1.8 million Maybank account numbers which were said to have been part of an alleged data breach are fake, according to the communications and digital minister.

Fahmi Fadzil was referring to claims of a data leak involving nearly 13 million Malaysians from databases belonging to Maybank, Astro and the Election Commission (EC).

The claim was made by Twitter user “Pendakwah Teknologi” yesterday.

“Initial investigations show that the Maybank account numbers are fake and do not exist, and no transactions can be done through them,” he said in a statement.

“The investigation also showed that the alleged data leak is in reference to an incident that took place in 2018.

Posted by stkoay > 2022-12-31 15:46 | Report Abuse

https://www.malaymail.com/news/money/2022/12/31/maybank-confirms-claim-of-data-breach-at-bank-untrue/47845

KUALA LUMPUR, Dec 31 — Malayan Banking Bhd (Maybank) has confirmed that allegations regarding a purported customer data leak by a third party are false.

In a statement today, the bank reassured its customers that their data remains secure and private and that no customer data has been compromised.

“Maybank will continue to prioritise its cyber security and data protection measures as customer data protection is of utmost importance to the bank,” it said.

The statement said an investigation was conducted by the bank.

Posted by LeonardLiong > 2023-01-03 11:15 | Report Abuse

Stabilized at RM8.68 there for the fist trading day of 2023. Nice

Posted by prudentinvestor > 2023-01-04 15:21 | Report Abuse

Maybank was trading at around RM8.30 this time last year. Its share price has appreciated 40 sen over the past year. Total dividend paid last year was 58 sen a share. There is thus a total capital gain of 98 sen or 12% return.

Posted by prudentinvestor > 2023-01-05 11:38 | Report Abuse

2022 year end rally didn't materialize. Hopefully there is one before Chinese New Year which would propel Maybank's share price beyond RM9.

Posted by prudentinvestor > 2023-01-10 12:07 | Report Abuse

RM8.83 now, another 2% to RM9. Hope this could be achieved by next Friday.

Posted by LeonardLiong > 2023-01-10 15:16 | Report Abuse

RM8.88 before CNY. Hehe

Posted by Steven Chan > 2023-01-11 10:08 | Report Abuse

Fatt Fatt to all stocks

Posted by hunterz86 > 2023-01-11 10:16 | Report Abuse

RM9 before cny

Posted by skybursa > 2023-01-12 07:30 | Report Abuse

There will be a Chinese New Year rally.

Posted by Seowwynn > 2023-01-13 22:31 | Report Abuse

Holding banking stocks is the way to go for long term. Capital appreciation & high dividend yield. Peace of mind also.

Posted by moneycome123456 > 2023-01-16 08:20 | Report Abuse

Tiger wan to fly higher, catch it

Posted by Sugan21 > 2023-01-16 10:45 | Report Abuse

lol

Posted by Income > 2023-01-16 13:41 | Report Abuse

It’s a cat, not a Harimau? Haha

Posted by Income > 2023-01-16 13:42 | Report Abuse

Harimau kuat. But this cat is Lembik?

Posted by Game0ver > 2023-01-17 08:42 | Report Abuse

The game is over. 8.50 is coming

Posted by Sugan21 > 2023-01-17 09:05 | Report Abuse

lol

Posted by LeonardLiong > 2023-01-17 10:30 | Report Abuse

Operators will push up to Rm8.88 for CNY on purpose ; D

Posted by derricksyl > 2023-01-18 09:18 | Report Abuse

Upcoming Dividend announcement will be Mar/Apr .....

Posted by prudentinvestor > 2023-01-18 10:55 | Report Abuse

The company would inform the quantum of dividend to be paid when it announces its final quarter results towards the end of next month. Official announcement will come in early March and dividend payment should be made by mid April. My guess is the amount of dividend would not be less than 30 sen a share.

Posted by i3gambler > 2023-01-18 16:54 | Report Abuse

The Dividend Yield of Maybank should be calculated from the cash dividend only.
The portion that eligible for DRIP actually is not dividend, but kind of Right Issue.

For the last 2 dividend payment, the Cash and Drip dividend are 0.225+0.075 and 0.210+0.07,
Most people just conveniently said the Dividend Yield = (0.3+0.28) / 8.80 = 6.6%,
For me, I take only the Cash Dividend for Calculation, DY = (0.225+0.21) / 8.80 = 4.9%,

My way of calculation, show that Maybank DY has increase tremendously,
Therefore, I have recently bought Maybank.

Posted by prudentinvestor > 2023-01-18 21:46 | Report Abuse

In a rights issue, an investor has to come out with his own money to subscribe for the rights shares but here you are getting the shares for free, absolutely free.

Posted by stkoay > 2023-01-18 23:33 | Report Abuse

Haha......some people don't know that you can choose to take cash in full if you don't want the DRP shares.

.....and if your holding is high where the DRP shares is higher than one lot, you can sell after price gone ex and make about 3 to 4% that comes with the DRP discount.

Posted by nhbeen > 2023-01-19 04:26 | Report Abuse

I agreed with @prudentinvstor and @stkoay. One can opt in for DRP shares or cash. As such, the dividend portion for DRP must be included in the dividend yield calculation. Also share price offered under DRP is a discounted price and the potential to make additional capital gain is possibly there.

Posted by i3gambler > 2023-01-19 09:22 | Report Abuse

Haha....you people really think that I do not know I could opt for cash instead of DRIP?

Let say Maybank announce RM1.00 interim and final RM1.00 dividend for this calendar year 2023,
and say 100% eligible for DRIP at issue price RM5.00,

According to your understanding, the DY = 2.00/8.80 = 22.7%,
But for my calculation, this year DY = 0/8.80 = 0%.

Now, say I have 12,000 units Maybank or in percentage = 12,000 / 11,885,000,000 = 0.0001%,
My entitlement = 12000*2.00/5.00 = 4800 units, or 40%,
As there is huge discount, almost everyone would opt for DRIP,
Meaning everyone get extra 40% units, and my ownership in maybank is still = 0.0001%,

So what actually do I get?

Posted by i3gambler > 2023-01-19 09:39 | Report Abuse

We look at DY because we want to know the company is in good health or not?
We want to know if the company are able and ready to pay out cash to shareholders?

But in the above example, we do not receive Cash and the company do not pay out Cash.
May be I have mistaken, I should have said DRIP is kind of mini bonus issue.

Posted by prudentinvestor > 2023-01-19 10:28 | Report Abuse

"So what actually do I get?"
Oh dear, you get 4,800 units of Maybank shares which you can dispose of to get cash. Which university did you graduate and what did you study?

Posted by i3gambler > 2023-01-19 11:36 | Report Abuse

Come on,
You have now 16800 units, but still the same 0.00010% ownership,
You sell off the 4800 units, your ownership become 0.00007%,
So you are actually disposing part of your ownership for cash.
Is this called dividend?
To me, dividend is the cash that I receive from the company, without reducing / affecting my ownership.

Posted by prudentinvestor > 2023-01-19 12:44 | Report Abuse

"You sell off the 4800 units, your ownership become 0.00007%,"
Lad. you are very confused. assuming you sold your 4,800 Maybank shares at RM8.80 a share, you would be RM42,240 richer than before. If you sell and others don't of course your ownership would drop.