Posted by ganesh1696 > 2023-02-23 17:25 | Report Abuse

maybank's earnings date ?

Posted by Cslee1215 > 2023-02-23 18:28 | Report Abuse

@ganesh1696, u mean next QR est announcement date? Should be tomorrow or …

Posted by Jaya > 2023-02-24 00:54 | Report Abuse

Last day to buy tomorrow & put in drawer
Now cheap sale

Posted by stkoay > 2023-02-24 18:17 | Report Abuse

Additional 5B for ASM to top up their investment......

Posted by stkoay > 2023-02-24 18:18 | Report Abuse

....and limit up for ASB shareholders....

Posted by Cslee1215 > 2023-02-24 19:42 | Report Abuse

Budget 2023: Bankrupts with debts less than RM50,000 could be freed from bankruptcy status by March 1.

Posted by Cslee1215 > 2023-02-24 20:49 | Report Abuse

Good start for those who had learn from thier mistakes before. Hope we have more billionaires from these 130k ppl.

Posted by Income > 2023-02-24 20:49 | Report Abuse

No good for banks which gave loans

Posted by Cslee1215 > 1 hour ago | Report Abuse

Budget 2023: Bankrupts with debts less than RM50,000 could be freed from bankruptcy status by March 1.

Posted by Cslee1215 > 2023-02-24 20:57 | Report Abuse

@Income, well hope they learn from thier financial mistakes, and contribute to entire financial system.

Posted by stkoay > 2023-02-24 21:01 | Report Abuse

The amount is very small versus the total industry, while this is a negative but it's minimal for the total industry.

Posted by stkoay > 2023-02-24 21:02 | Report Abuse

https://www.theedgemarkets.com/node/656718

KUALA LUMPUR (Feb 24): The absence of a prosperity tax in the revised Budget 2023 is deemed a ‘huge relief’ for the corporate sector, says Bursa Malaysia chairman Tan Sri Abdul Wahid Omar.

Abdul Wahid opined that another round of prosperity tax could have potentially shaved off 5%-6% of 2023 earnings for KLCI constituents.

“Without prosperity tax being imposed, analysts have a consensus forecast EPS [earnings per share] growth rate of 20.1% for 2023 compared to -1.3% for 2022. This augurs well for the capital market,” he said in a statement on Friday (Feb 24).

Posted by stkoay > 2023-02-25 13:07 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/02/25/pnb-plans-to-increase-asms-fund-size-by-rm5bil

THE Amanah Saham Malaysia (ASM) fund size will be increased by RM5bil in line with the unity government’s commitment to ensure the equality of multiracial society, according to Permodalan Nasional Bhd (PNB).

Besides that, the total individual investment limit of Amanah Saham Bumiputra (ASB) and Amanah Saham Bumiputra 2 (ASB2) will be increased to RM300,000 from RM200,000 previously.

“This announcement is in line with PNB’s efforts to continue to encourage the culture of saving and investment among Malaysians.

Posted by stkoay > 2023-02-25 13:08 | Report Abuse

Maybank is the top holding of both ASB and ASM.

Posted by prudentinvestor > 2023-02-25 22:52 | Report Abuse

Maybank's shares are tightly held by institutions. Those holding above 100,000 shares account for over 98% of Maybank total issued shares.

Posted by stockraider > 2023-02-26 15:29 | Report Abuse

Maybank good investment loh!

Dividend yield more than 6% pa mah!

Posted by prudentinvestor > 2023-02-26 15:38 | Report Abuse

With Maybank, small investors can more or less predict how much it would earn and how much dividend it would declare. It is so predictable and consistent.

Posted by Ahboy96 > 2023-02-27 13:59 | Report Abuse

30sen dividend... nice

Posted by Tedinvestor > 2023-02-27 14:22 | Report Abuse

30 cents OK. Acceptable

Posted by Pinky > 2023-02-27 14:26 | Report Abuse

No surprises, "safe" set of numbers

Posted by stkoay > 2023-02-27 14:37 | Report Abuse

30 sen cash, no dilution of EPS and major shareholders no need to off load DRP shares in open market.....and if they don't need so much cash from dividend, will use the proceed to buy from open market.......overall slight positive.

Posted by stkoay > 2023-02-27 14:48 | Report Abuse

Maybank is putting 3.6B CASH into the pockets of shareholders.....

Posted by Tedinvestor > 2023-02-27 14:52 | Report Abuse

This time no drp?

Posted by prudentinvestor > 2023-02-27 15:07 | Report Abuse

drp only benefits institutions holding millions, tens of millions or even hundreds of millions of Maybank shares. For small investors like us, making RM50 from the drs is also a problem.

Posted by stkoay > 2023-02-27 15:30 | Report Abuse

@Tedinvestor....yes it's 30 sen cash, no drp.

Posted by stkoay > 2023-02-27 15:34 | Report Abuse

No drp is good in the sense that there will be no increase in shares and no dilution of future EPS.
.....and I noticed that, previously, a major investor used to off load the drp shares for cash (resulting extra selling pressure)

Posted by stkoay > 2023-02-27 15:41 | Report Abuse

The Board of Directors has declared a single-tier second interim cash dividend in respect of the current financial year
ended 31 December 2022 of 30.0 sen single-tier dividend per ordinary share, amounting to dividend payable of
RM3,616,238,128 (based on 12,054,127,092 ordinary shares issued as at 31 December 2022).
Pursuant to Section 8.26 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the single-tier
second interim cash dividend will be paid no later than three (3) months from the date of declaration.
The book closure date will be announced by the Bank at a later date

Posted by stkoay > 2023-02-27 15:52 | Report Abuse

Targets 10.5%-11% ROE in FY2023
Going forward, Maybank said asset quality management will remain a priority for it this year, and that it is targeting a return on equity (ROE) of between 10.5% and 11% in FY2023 as its headline key performance indicator.

Posted by i3lurker > 2023-02-27 15:54 | Report Abuse

other smaller banks are borrowing money from Maybank
analysis of weaker smaller banks show that they are net interbank borrowers.

=> Maybank is still the King of the Jungle
Hurray !!!!

Posted by stkoay > 2023-02-27 15:54 | Report Abuse

Target an increase of about 10% ROE from current year........can expect dividend to be higher for FY2023 if payout % remained the same.

Posted by Tedinvestor > 2023-02-27 16:07 | Report Abuse

Without prosperity tax in 2023.

Posted by Pinky > 2023-02-27 16:08 | Report Abuse

When will see see RM9?

Posted by newbie2019 > 2023-02-27 18:26 | Report Abuse

yeah…. div coming, better than my other holding GentingB
thinking of buying more Maybank

Posted by stkoay > 2023-02-27 19:10 | Report Abuse

Welcome to the club, newbie2019.

Posted by stkoay > 2023-02-27 19:11 | Report Abuse

Yeah, this one got better visibility on earning n divvy, unlike your other holding, it's so unpredictable.....

Posted by Amazonboy > 2023-02-27 19:39 | Report Abuse

Profit is flat...dats why market reaction weak...fyi singapore banks are giving 40c div...the share price of tiger bank is deliberately pressed down to make the divvy yield look good...Lol

Posted by jeffchan1901 > 2023-02-27 20:14 | Report Abuse

https://www.theedgemarkets.com/node/656917

rm0.30 not bad

Posted by prudentinvestor > 2023-02-27 22:20 | Report Abuse

@Amazonboy, DBS trades at over SGD34 a share while UOB trades at almost SGD30, more than 10 times Maybank's share price. However, Maybank has a dividend yield which is almost 50% higher than the yields of both DBS and UOB. Given a choice, I would still choose Maybank.

Posted by choysun > 2023-02-27 23:30 | Report Abuse

@stkoay Ok la 30 sens divvy. Nice to hedge against inflation. But I'm still expecting good capital gain from "the other counter" :)

Posted by choysun > 2023-02-27 23:32 | Report Abuse

Wait for other anak Octo tomorrow :)

Posted by stkoay > 2023-02-28 00:33 | Report Abuse

@choysun.....ATK called the nicest guy in i3......and very diversify also i guess....own so many banks :)

Posted by stkoay > 2023-02-28 00:34 | Report Abuse

Hope you get good capital gain from the "other counter"
...cheers.

Posted by nelsonlimpy > 2023-02-28 06:07 | Report Abuse

dividend very consistent, good counter for stable dividend return

Posted by getingreal > 2023-02-28 09:11 | Report Abuse

30c is a disappointment with no DRP its works out to be less than last year. You need to consider inflation has eaten away at the Capital value. Dividend of 30c with DRP last year was a lot better.

Posted by prudentinvestor > 2023-02-28 09:32 | Report Abuse

"When will see see RM9?"
@Pinky, this round of dividend payment doesn't involve the issue of drp shares. Hence there is no need to keep Maybank shares low. I am quite confident that you would see RM9 before it trades ex-dividend.

Posted by Pinky > 2023-02-28 09:55 | Report Abuse

Don't satu kali hantam. Spread over several months

Posted by LeonardLiong > 2023-02-28 11:22 | Report Abuse

Excellent Q4 results Maybank had shown. Certainly will head towards Rm9

Posted by newbie2019 > 2023-02-28 11:40 | Report Abuse

buy buy buy up

Posted by stkoay > 2023-02-28 11:54 | Report Abuse

For the past 2 weeks, ASB has been buying....now that they will receive RM1.17B CASH from the dividend payment, I think they will continue to buy....

Posted by stkoay > 2023-02-28 11:59 | Report Abuse

With Management targeting a ROE of 10.5 to 11%, if dividend payout remain at current % of about 85%.....we can expect a dividend of 63/64 sen for FY2023.

Posted by prudentinvestor > 2023-02-28 12:22 | Report Abuse

I am already very satisfied with last year's total dividend of 58 sen a share which translates into a yield of 6.6%. Doubt the EPF could pay more than 5.5% dividend for 2022.