Posted by nhbeen > 2023-12-21 14:03 | Report Abuse

8.90 is so near to its latest ex price exercise of 8.89 if not mistaken.

Posted by prudentinvestor > 2023-12-21 16:04 | Report Abuse

The lower the better so that I can buy more.

Posted by stkoay > 2023-12-21 18:17 | Report Abuse

Bond yield down, FD rates down....
....this one, price down to give you higher yield...
....will put fresh fund to work, after monitoring another 1 to 2 weeks.

Posted by DividendGuy67 > 2023-12-21 21:23 | Report Abuse

We can only dream to accumulate at 8.8. Go to sleep early, hope our dreams come true. Sweet dreams!

Posted by M55555 > 2023-12-21 22:42 | Report Abuse

8.90 collect a bit, then wait if got chance 8.80 collect a bit, 8.70 collect a bit and so on.. Still have 2 months chance. Then wait for Feb or March good new for DIV.

Posted by i3lurker > 2023-12-22 08:52 | Report Abuse

EPF sold it down to show investment profits inside 2023 accounts 🤣

Posted by stkoay > 2023-12-22 11:21 | Report Abuse

Yes, guess they are accumulating realized profit for their coming dividend declaration/payment.

....end of next week should be a good time to add :)

Posted by nhbeen > 2023-12-22 13:02 | Report Abuse

@stokay: You are right. Looking at the large volume shares disposed by those Organization, it is clear that they are selling to lock in profits for dividend distribution. After all this exercise finishes, Maybank’s share price should gradually moving northward again.

Posted by Kicapmanis > 2023-12-22 14:05 | Report Abuse

They still not finished selling? Today seems like low action

Posted by Mabel > 2023-12-22 16:28 | Report Abuse

ASB holds 9.5% of the total shares of Maybank and CIMB as of 30 June 2023 respectively. This makes ASB the second largest shareholder of Maybank after Permodalan Nasional Berhad (PNB), which holds 48.6%. The total number of shares of Maybank and CIMB as of 30 June 2023 are 10,770,000,000 and 855,000,000 respectively.

Yesterday the Death Cross appeared at the MACD chart which signal massive selling (ASB and EPF) to lock profits to pay Dividends to their respective shareholders. This represents a good opportunity for Mabel to accumulate these two gems (South East Asia 4th and 5th Largest Bank)

Today Mabel Managed to accumulate Maybank at RM 8.880 and CIMB at RM 5.77 and RM 5.76..

Thank you for selling..

To Our Success!

Meow

Posted by stkoay > 2023-12-22 16:32 | Report Abuse

@nhbeen, same thinking here :)

Posted by Amazonboy > 2023-12-22 23:19 | Report Abuse

Smoke on the water.. come Feb. Juicy divvy cmg...Lol

Posted by Mabel > 2023-12-24 21:37 | Report Abuse

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

Posted by investingiscommonsen > 2023-12-26 15:34 | Report Abuse

below is my analysis of Maybank, Feel free to give comments.
https://klse.i3investor.com/web/blog/detail/investmentknowledge/2023-12-26-story-h-211538632-Maybank_OPR_hikes_benefits_only_banks_says_Guan_Eng_This_is_an_invalid_

Regards,
Lim Khai Woon

Posted by DividendVen > 2023-12-27 16:48 | Report Abuse

dividend over 6 %, chance to collect?

Posted by Pinky > 2023-12-29 10:17 | Report Abuse

Yes window dressing start?

Posted by stkoay > 2023-12-29 11:16 | Report Abuse

I guess today is probably the best day to buy "EPF tekan discount"
With FF starting to buy lately, big blue should be good next year.
....waiting to add some towards the close for the day (year) if it stays TEKAN

Posted by stkoay > 2023-12-29 11:19 | Report Abuse

It seems local BIG institutions are "mandated" to "keep" the uptrend for next year :)

Posted by stkoay > 2023-12-29 11:20 | Report Abuse

.....thus the "tekan" of BIG blues since 21-12-23....

Posted by TillyLovers > 2023-12-29 12:52 | Report Abuse

Will Maybank break RM9 today as window dressing?

Posted by prudentinvestor > 2023-12-29 15:06 | Report Abuse

Even if it doesn't break RM9 today, it would rise above RM9 again soon as the dateline for the announcement of its final quarterly results and final dividend approaches.

Posted by TillyLovers > 2023-12-29 19:25 | Report Abuse

When is the dateline for the announcement?

Posted by DividendVen > 2023-12-31 15:48 | Report Abuse

ohh sad, window undressing :(

Posted by Income > 2023-12-31 16:17 | Report Abuse

Rimau ini masih gah kah…
Can still Buy???

Posted by stockraider > 2024-01-01 12:10 | Report Abuse

Investing in maybank is a no brainer at Rm 8.90, your div yield exceed 7% pa loh!

Posted by Pinky > 2024-01-01 14:34 | Report Abuse

Last Friday I also topped up both Maybank and UTDPLT

Both super divvy machines

Posted by DatoShare > 2024-01-02 14:59 | Report Abuse

Current CEO not doing a good job, accountant just like what he did for RHB. Only know how to cut cost. Show some growth la!

Posted by Tanleechoo > 2024-01-02 22:34 | Report Abuse

Under his leadership, do RHB doing well ? Anyone can share ..

Posted by DividendGuy67 > 2024-01-02 23:13 | Report Abuse

Today I topped up at 8.88 and 8.85.

Posted by TillyLovers > 2024-01-03 19:47 | Report Abuse

KWSP dipose Maybank continuosly

Posted by M55555 > 2024-01-03 21:28 | Report Abuse

Ya. the problem is price tak turun much. Many still scoping it up every single cent drop.

Posted by nhbeen > 2024-01-03 21:28 | Report Abuse

Probably EPF also lock in profit so that it can declare promising dividend by the end of next month.

Posted by Pinky > 2024-01-04 10:33 | Report Abuse

Sudah mau retest 9.00

Posted by prudentinvestor > 2024-01-04 12:33 | Report Abuse

Have totally no regret putting some money into Maybank almost 4 years ago though apart from the dividends, my capital gain is less than 10%.

Posted by Pinky > 2024-01-04 13:30 | Report Abuse

With a stock that regularly pays 6-7% dividends, you should be happy that share price remain around there

Posted by M55555 > 2024-01-04 16:39 | Report Abuse

Ini hari Kucing very garang . Very good.

Posted by stkoay > 2024-01-04 17:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/04/standard-chartered-sees-ringgit-outperforming-039on-relative-basis039-in-2024

KUALA LUMPUR: The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered (StanChart).

Posted by DividendGuy67 > 2024-01-04 19:42 | Report Abuse

MAYBANK 9.03 close, +1.57%. Together with 27 other green stocks offsetting 11 red stocks, my portfolio made new all time high again today! Thank-you MAYBANK!

Posted by DividendGuy67 > 2024-01-04 21:00 | Report Abuse

Price and dividend yield are never constant in the stock market.
With MAYBANK, this is a stock that should be bought/added when its price is low.
A low price has 2 benefits - first, the LT dividend yield is higher when price is low. Second, a low price also gives good chance for price gains too.

For example.
Scenario 1 - Average Buy Price = 8.8. DPS say 57 sen. DY = 6.48%.
Scenario 2 - Average Buy Price = 9.4. DPS same at 57 sen. DY = 6.06%.

Let say in 5 years time, price rise to RM10.
Scenario 1 - Price gain = 10 / 8.8 = 13.6% which if annualized over 5 years = 2.58% per annum gains.
So, Total returns = DY + Price gains = 6.48% + 2.58% = 9.07%.

Whereas Scenario 2 Price Gain = (10 / 9.4)^(1/5) = 1.25%.
So, Total Returns = 6.06% + 1.25% = 7.31%.

Now, 7.31% per annum, over 5 years is not a bad return.
But if you can buy when price is lower, even if just by a little bit lower (like difference between 9.4 vs 8.8), then, your per annum returns over 5 years is nicer like 9.07%.

So, the key is to buy good earnings and good dividend stocks over the next 5, 10, 20 years when its price is depressed. That helps to juice up your yearly long term returns.

Posted by derricksyl > 2024-01-04 21:04 | Report Abuse

keep buy as much as u can ..... div announcement coming soon

Posted by DividendGuy67 > 2024-01-04 21:04 | Report Abuse

Hence, with good long term dividend yield stocks like MAYBANK, you must have courage to buy more when its price is lower. And diversify into as many stocks as you can but you have to watch your position sizing too. The biggest risk when buying what you think is good quality stocks is one day, that one "good" stock turns out to be a dud. Then, your courage to buy more at lower prices will kill you. Therefore, your only control is diversification and position sizing. The strategy is a simple one, but 99% of "investors" cannot execute consistently long term. They just don't have the discipline, the commitment and the belief to execute consistently over long term.

Posted by Smokey Investor > 2024-01-05 10:10 | Report Abuse

It's impossible to time perfect entry. Focus on good companies with strong corporate governance, excellent market diversification, and strong management. Think of Warren Buffet, think of value investing. Do the Dollar Averaging buy, and will accumulate a decent size over time.

Investing is long term and dollar averaging buying will works quite well. Not perfect but will serve the purpose.

Unless, you are trading then timing the market is important but hey, who can 100% predict the market? After all, Mr Market has his emotional commotion. lol

Posted by nhbeen > 2024-01-05 11:30 | Report Abuse

@SmokeyInvestor. You are absolutely right. Nobody can get the timing right. It is time consuming chasing and monitoring the right time to enter/exit the market.

Posted by stkoay > 2024-01-05 11:30 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2024/01/05/banking-sector-to-drive-fbm-klci-in-2024-say-experts/

PETALING JAYA: Analysts are upbeat about the market this year, and for most, the sector that will drive the FTSE Bursa Malaysia KLCI (FBM KLCI) above the 1,600-point psychological level is banking.

Banking institutions account for 20% of the index’s constituents, making it the “go to” sector for foreign funds looking to invest in the local market, according to the fintech trading platform Rakuten Trade.

Posted by DividendGuy67 > 2024-01-05 18:18 | Report Abuse

Perfect entry is unnecessary. Warren Buffett has the courage to buy when value is compelling. For MAYBANK, that's when price is lower and DY is higher.

Posted by DividendGuy67 > 2024-01-05 18:20 | Report Abuse

KLCI green again, and hopefully most investors sees record level profits. Thank-you MAYBANK for edging higher, together with 27 other green stocks to offset 6 red ones today to bring my portfolio to new all time high again today, after yesterday's all time high. This month, the portfolio has made 3 new highs. Thank you Mr Market.

Posted by speakup > 2024-01-06 10:25 | Report Abuse

all the big major banks have performed very well
only mbsb haven't move much cos maybe some ppl still dont see it as a bank macam dulu

Posted by Diamond7 > 2024-01-07 10:02 | Report Abuse

Hoping for good dividend to be announced end of February!

Posted by DividendGuy67 > 2024-01-07 12:02 | Report Abuse

If EPS is a record high, then, very good odds for DPS to follow.
9m/23 EPS = 57.75 sen
9m/22 EPS = 50.96 sen.
So, looks like almost certainty that FYE2023 EPS should beat FYE2022.
So, I'm expecting total DPS to exceed 59 sen this year, flooring at 30 sen this quarter.

A second view is if MAYBANK adopts 80% dividend payout, and if FYE2023 ends in 76 sen or higher, then expected DPS is 61 sen. They already paid 29 sen, leaving 32 sen to come. 32 sen is 2 sen higher than same time last year of 30 sen.

A third view is back in 2019, MAYBANK EPS was 73 sen only and they are generous to pay out 64 sen (more than 80% payout). If they make 64 sen, then, they can declare 35 sen for last quarter, based on 2019 practice.

In short, I would guess 80% chance, the DPS will come in between 30-35 sen, which should be higher than 29 sen declared last year.

It's about time.

Posted by DividendGuy67 > 2024-01-07 12:10 | Report Abuse

A fourth view is to compare the position 5 years ago, FYE2018 Actual vs FYE2023 Estimate.
FYE2018 NTA ~ 6.8.
FYE2023 NTA ~ 7.6.
NTA has grown by ~ 2% p.a. whereas their long term DPS growth ~ 1% p.a.
So, there's some room, to share more of their retained wealth over the past 5 years with shareholders via higher DPS.

I can accept 30 sen, but I'm cautiously hoping for more than 30 sen and nearer to 35 sen :-). Haha