Posted by Pinky > 2 months ago | Report Abuse

Sap Kow (ten ringgit in Cantonese)

Sap Sap Sui 😘

Posted by stkoay > 2 months ago | Report Abuse

I saw some shorts at 9.90/9.92 level.....now if these shortists cover their position, it's call "short covering" and will create more buying :)

Posted by stkoay > 2 months ago | Report Abuse

Cheong cheong kau kau 999

Everlasting in cantonese :p

Posted by stkoay > 2 months ago | Report Abuse

Our Harimau touched 10.00....
....and it's so quiet...
....meaning many left liao :p

Posted by Value Investor Coo1eo > 2 months ago | Report Abuse

RM12 is in the horizon

Posted by Pinky > 2 months ago | Report Abuse

@stkoay switched to CIMB? Also ok 😆

Posted by Reena3132 > 2 months ago | Report Abuse

hehe...entered at 7, 8 stop at 9. 😁 waiting Tiger to roar liao! Div 6~7%, cap gained 25%. return ~10% in the past 4 years! 🐯

Posted by stkoay > 2 months ago | Report Abuse

@Pinky, sure ok :)
CIMB positives are it is cheaper and higher growth potential from its' Indonesia exposure...
....negative is ...its' FF holding is much higher than MBB.

Posted by stkoay > 2 months ago | Report Abuse

Today kissed, tomorrow break :p

Posted by prudentinvestor > 2 months ago | Report Abuse

Closed at RM9.99, highest in 6 years. Maybank's rise has not ended yet.

Posted by stkoay > 2 months ago | Report Abuse

2 major catalysts :

1) GLIC are repatriating investment income back.
2) FF holding at 20.11%, are considered "under own"
(compared to 25.64% in May 2013)

Posted by stkoay > 2 months ago | Report Abuse

Total market FF ......
..... the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

Posted by Mabel > 2 months ago | Report Abuse

Today it touches RM 10 at 2.33...

Posted by stkoay > 2 months ago | Report Abuse

Strong buying at current price, very good sign.
Strong volume of 15.7m changed hand, much higher than 4wk avg vol of 11.8m

Posted by SeekUndervalued > 2 months ago | Report Abuse

I wonder how high will it go… RM 10.50 to RM 11 by the end of the year?

Posted by stkoay > 2 months ago | Report Abuse

https://www.nst.com.my/business/economy/2024/05/1053779/targeted-diesel-subsidy-strengthen-govt-fiscal-position-improve

"Diesel subsidy savings will be channelled into the cash payment programme and used to enhance the competitiveness of the education, health and infrastructure sectors," he said.

He added that credit rating agencies might re-evaluate Malaysia's rating outlook to positive if these economic reforms yield results.

"An improved credit rating could attract foreign investors, particularly in portfolio investments.

"This would increase foreign holdings in fixed-income instruments such as Malaysian Government Securities (MGS), Government Investment Issues (GII), and corporate bonds, potentially boosting the value of the ringgit," he said.

Posted by pang72 > 2 months ago | Report Abuse

Stkoay,
Why are you so active posting positive news?
Quiet investors are those holding big shares, instead..
Uncle hv not bought enough leh...

Posted by stkoay > 2 months ago | Report Abuse

https://www.nst.com.my/business/economy/2024/05/1054026/glc-glic-earnings-repatriation-call-lifts-pressure-ringgit

KUALA LUMPUR: The initiative to have government-linked companies (GLCs) and government-linked investment companies (GLICs) repatriate their earnings from abroad has been cited as a factor that has helped to lift pressure on the ringgit.

Earlier this year, the MOF appealed to GLCs and GLICs as well as exporters to repatriate their earnings from abroad and convert them into ringgit on a more consistent basis.

Private investment companies have also been urged to prioritise domestic investment and to delay new investments abroad to reduce pressure on the ringgit.

Posted by stkoay > 2 months ago | Report Abuse

@pang72....haha....it's bcos I am in the process of rebalancing my No.1 & No.2
...haha :p

Posted by stkoay > 2 months ago | Report Abuse

You see....I am very quiet at the No.2....
haha....

Posted by pang72 > 2 months ago | Report Abuse

OK! I got you..
I like your no 2 also..
It is actually much better growth...

Posted by stkoay > 2 months ago | Report Abuse

If market enter Bull Run, my bet is No.2 will perform better than No.1.
So must have both.
Previously I am heavy on No.1 and light on no.2
....so need to rebalance :)

Posted by Pinky > 2 months ago | Report Abuse

Macam hard to break to 10.02

Posted by nhbeen > 2 months ago | Report Abuse

Hardly breaking the 10 mark. Probably many are waiting for latest quarterly result expected to be released on 24th May.

Posted by newbie2019 > 2 months ago | Report Abuse

hair hari mau 10

Posted by stkoay > 1 month ago | Report Abuse

Seepuluh....tunggu esok petang :)

Posted by stkoay > 1 month ago | Report Abuse

Wow...27.7 juta saham termakan ASB

https://klse.i3investor.com/web/insider/detail/SBSH_586377_3002457527

Posted by stkoay > 1 month ago | Report Abuse

9 juta termakan EPF

https://klse.i3investor.com/web/insider/detail/SBSH_586376_3002457525

Posted by stkoay > 1 month ago | Report Abuse

KUALA LUMPUR (May 23): The trustees of Amanah Saham Bumiputera (ASB) bought a 0.23% stake in Malayan Banking Bhd (KL:MAYBANK) this week for RM276.48 million.

According to a bourse filing on Thursday, Amanahraya Trustees bought the 27.76 million shares in Malaysia’s largest banking group by assets on May 20, when the bank closed at an all-time high of RM9.99.

The purchase increased the fund’s stake in the bank to 30.49% or 3.68 billion shares, from 30.26% previously.


Based on Bloomberg data, a 27.76 million share block was traded off-market on May 20 at RM9.96 apiece or a total of RM276.48 million. The price tag is a 0.3% discount to the RM9.99 close

Posted by stkoay > 1 month ago | Report Abuse

Wow.....EPS 20.63 sen

Posted by stkoay > 1 month ago | Report Abuse

QoQ up 4.2%

YoY up 9.85%

Posted by jooortp > 1 month ago | Report Abuse

strong!

Posted by GreatDreamer > 1 month ago | Report Abuse

MBB 1Q24 record strong loan grow at 11.2%. PBB 6.3%

Posted by xxxx > 1 month ago | Report Abuse

Don't you think that MBB should be giving quarterly dividends like some good companies on Bursa? What are the pros and cons? Long time since MBB given bonus.
How about this year?

Posted by Pinky > 1 month ago | Report Abuse

Bagus punya tigerbank!

Posted by stkoay > 1 month ago | Report Abuse

@Pinky saya rasa sotong akan lebih Bagus....tadi dapat sikit 6.83 & 6.81...purata 6.82

Posted by stkoay > 1 month ago | Report Abuse

Sotong punya NIM mungkin akan naik 5 bps....Harimau turun 19 bps.

Posted by Pinky > 1 month ago | Report Abuse

Harimau is safe choice
KLSE bellwether banking stock

Yes for growth, sotong better potential. I already stopped topping up tigerbank, just leaving it to run

My future top up buys will be on sotong+my all-time fav AmBank

Posted by stkoay > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/712953

KUALA LUMPUR (May 24): The Ministry of Finance (MOF) is serious about ensuring the success of economic reforms in Malaysia, aiming to overcome the middle-income trap and stimulate the economy.

The MOF said the Madani government’s pro-development policies and encouraging innovation had given new life to the national economy.

“The encouraging response from investors in the early stages of this policy reform proves that the Malaysian economy is on the right track to reap more wealth in the coming years,” the MOF said in a post on the X online platform.

n the post, the MOF also shared statistics of Malaysia’s market performance in the early stages of economic reform, which was one of the best in Asean as of May 20, 2024.

This included the performance of the stock index, which increased by 11.9%, the second best among the stock indices of Asean countries, indicating a sharp increase in the performance of the FBM KLCI, compared with -2.7% in 2023.

The MOF also stated that the compound annual growth rate of foreign direct investment was the best in four years at 22.4%, surpassing Singapore’s 17.7%.

In addition, Malaysia’s (company index) dividend yields of between 4% and 5% were the best in the region, apart from Singapore.

Posted by mesoan > 1 month ago | Report Abuse

Anyone knows if Maybank derived more and more percent of it's earning from Other op income?

Posted by MalaysiaEquityGuide > 1 month ago | Report Abuse

for SIME must watch
https://www.youtube.com/watch?v=XlZ5LIC0BWo&t=10s

Posted by auditorandconsultant > 1 month ago | Report Abuse

这个老虎，我只能说他的账目外表是很美

倘若你做一点MnA normalisation of profit and NWC, maybank 的业绩只是一般

OPBWCC and NCGFOA 也逊色于去年同季节


再看回 pnl 最大的是Other operating income

但是看清楚，却是paper gain arising from mtm accounting or fvtpl revaluation 懂金融会计准则的人，都会懂这些

倘若normalise 整个pnl 业绩真的只是一般

账目外表非常美丽哦，但是本质啊没什么进步

天啊，不知多少人会冲进去买

多言了

Posted by Pinky > 1 month ago | Report Abuse

Maybank has wholly-owned Etiqa

Insurance arm report better profits is good thing

Posted by stkoay > 1 month ago | Report Abuse

Analyst have raised TP.

TA from 9.90 to 10.80

RHB-OSK from 10.20 to 10.60

Kenanga maintained TP at 11.00

Posted by prudentinvestor > 1 month ago | Report Abuse

With improved earnings, investors can expect this year's total dividend would not be less than 60 sen a share.

Posted by stkoay > 1 month ago | Report Abuse

While PNB & ASB have been "changing hand" (50m shares in 2 days), EPF has been adding big these few days....
https://klse.i3investor.com/web/insider/detail/SBSH_586647_2292030829

Posted by turbochart > 1 month ago | Report Abuse

Talk A Talk B. Become Talk C+ock...wakakaka
The price now is 10!!...wakakakaaa😁

Posted by newbie2019 > 1 month ago | Report Abuse

let see whether it will come down to 9.8 or 9.6 for me to top up

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,539.46

-313.40

0.80%

Nasdaq

NASDAQ Composite

16,975.75

-44.12

0.25%

Posted by masterus > 1 month ago | Report Abuse

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
May 12, 2023
Posted by ASEAN Briefing