Posted by Balian de Ibelin > 2024-08-23 15:24 | Report Abuse

dun be greedy
Never join any social media investment group

Posted by KClow > 2024-08-23 15:45 | Report Abuse

I have been here since 2013
I3 can ban me for all i care
But when i see something suspiciuos i got to.inform
😁

Posted by stkoay > 2024-08-23 17:02 | Report Abuse

Harimau kuat pagi,
Petang, sotong lebih hebat :)

Have a great stress free weekend...
...next week is dividend info week...
Cheers......

Posted by MinisoPenguin > 2024-08-23 19:59 | Report Abuse

Aiyah looks like I bought too expensive at 10.58. Should wait today 10.44 only buy.

Posted by stkoay > 2024-08-23 22:14 | Report Abuse

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.

“The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”

However, he did note the progress on inflation and said the Fed can now turn its focus equally to other side of its dual mandate, namely to make sure the economy stays around full employment.

“Inflation has declined significantly. The labor market is no longer overheated, and conditions are now less tight than those that prevailed before the pandemic,” Powell said. “Supply constraints have normalized. And the balance of the risks to our two mandates has changed.”

Posted by stkoay > 2024-08-23 22:18 | Report Abuse

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

Posted by Ny036 > 2024-08-23 22:59 | Report Abuse

Rate cut positive n good for maybank?

Posted by stkoay > 2 months ago | Report Abuse

"The long wait is over," said Ryan Detrick, chief market strategist at Carson Group in Omaha, Nebraska. "This was the dovish shift that market participants have been waiting for."

"The Fed is clearly turning to the dovish camp and Powell has made it crystal clear that September will be the start of multiple rate cuts coming the remainder of this year,"

"Financials are at an all-time high, with a huge surge from regional banks,"

Markets are betting the Fed's policy rate will be in the 3.00%-3.25% range by the end of 2025, more than two percentage points below where it is now.

Posted by stkoay > 2 months ago | Report Abuse

US treasuries yield have dropped below 4% for 2yr , 5yr and 10yr.

Posted by stkoay > 2 months ago | Report Abuse

The big question now is.

Will foreign fund come in big?

If they do, then FF favorite - Top Large Cap Blue Chip - should perform very well.

Posted by jeffchan1901 > 2 months ago | Report Abuse

By right when Rate cuts, Equity market should go up. In this case Fed Reserve cut rates, US markets should go up. BUT.. unemployment rate higher than expected (to be exact higher by 818K in Q1, 2024 revised figures). So hot money has no choice but to flow elsewhere. In this case back to Treasury Bonds OR... other markets for opportunity. In Asia, Malaysia seems like a no brainer for cherry pickings at the moment. So, foreign funds will compete with local GL funds for stocks if and when they do decide to come to this part of Asia. They will be volatility ahead as GL funds (like ASN, KWSP) will try and make a quick buck from these inflow of hot money by selling to them and buying back when they leave - profits of course translating to higher dividend for fund members. For retail billis, it's best not to time the market and day trade as they may be caught high and dry. Long play is the current theme. The Fed Reserve rate cuts are but a temporary reprieve from looming recession. When the inflation rate reaches too high for them, they might most probably increase the rates again (thereby increasing debts by even more) or print money increasing inflation rates even more. In my opinion, whatever the outcome, it's KLCI investors are the winners regardless whether Retail investors or Fund traders. US's 'forever war' strategy to shore up their economy will sooner or later fail as they now try to shift to Asia targeting China using NATO proxy by their plans to set up NATO office in Japan in the near future. For those Bilis here still playing the US markets and indirectly depending on the SWIFT payment system, once Malaysia officially joins BRICS and Malaysia being sanctioned more in future, your US investments are a very high risks. So do your own research and be wise by reading more on geopolitics as it will affect investors in Malaysia. Peace

Posted by jeffchan1901 > 2 months ago | Report Abuse

@stkoay bro do you know when is Harimau announcing the QR and dividend rate? I believe Friday evenings after market close as usual?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

nothing will happen. USD die ..........whole world confirmed die.

As of January 2024, foreign countries held a total of eight trillion U.S. dollars in U.S. treasury securities, with China holding 797.7 billion U.S. dollars1. China has steadily accumulated U.S. Treasury securities over the last few decades, owning roughly 10% of the U.S. national debt

having said that Powell only cuts rates if recession.
50% of US citizens feel they are in recession due to high debt levels.

Household Debt Ticks Up to $17.80 Trillion in Second Quarter; Mortgage Originations Remain Low  
Total household debt rose by $109 billion to reach $17.80 trillion, according to the latest Quarterly Report on Household Debt and Credit. Mortgage balances were up $77 billion to reach $12.52 trillion, while auto loans increased by $10 billion to reach $1.63 trillion and credit card balances increased by $27 billion to reach $1.14 trillion. The volume of mortgage originations remained low, primarily due to subdued refinancing activity. Homeowners continued to increase balances on home equity lines of credit (HELOC) as an alternative way to extract home equity; HELOC limits rose by $3 billion, marking the ninth consecutive quarterly increase.  Aggregate delinquency rates remained unchanged from the previous quarter, with 3.2 percent of outstanding debt in some stage of delinquency.

70% of China household wealth are locked into real estate for the next 70 years.
China households have no money to spend.

Posted by stkoay > 2 months ago | Report Abuse

@jeffchan1901 bro I am not too sure about when QR will be out for MBB.
Last year was on last day but last Q was on 24th May. For MBB it can be early or last day, unlike CIMB it's always on last day evening.
MBB is always at mid day break.

Posted by stkoay > 2 months ago | Report Abuse

Based on 1Q result, I think dividend should be about 30 sen.

Posted by stkoay > 2 months ago | Report Abuse

There is no pre close report on MBB, unlike CIMB where they usually have pre close briefying for analyst about 1 mth before QR.

RHB OSK reported on CIMB....expecting mid-high single digit growth YOY .

Posted by jeffchan1901 > 2 months ago | Report Abuse

Yes, I am also cautiously optimistic that 30 sen would be the dividend too. According to records the last time they announced on 1 sept 2023 and the year before that 5 sept 2022 and in 2021 it was 8 sept 2021. it could be any day of the week. hard to gauge.

Posted by newbie2019 > 2 months ago | Report Abuse

anything higher than 30 sen brings smiles

Posted by stkoay > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/724165

“The sectors that recorded the highest net foreign inflow were financial services (RM1.3 billion), utilities (RM118.9 million), and telecommunication and media (RM54.8 million), while the sectors with the highest net foreign outflows were technology (-RM140.2 million), consumer products and services (-RM50.2 million), and property (-RM25.9 million),” MIDF said.

For financial services, foreign investors’ top buys were Public Bank Bhd (KL:PBBANK), Malayan Banking Bhd (KL:MAYBANK) and CIMB Group Holdings Bhd (KL:CIMB).

Posted by KClow > 2 months ago | Report Abuse

🤣talk so much oso kena red flag🤣
All crooks will be caught eventually. Scammers cant cheat for long

Posted by KClow > 2 months ago | Report Abuse

Report those who ask personal data to i3 admin immediately.
Proctect your frens and fellow forummers..
Sharing is caring😀

Posted by stkoay > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/724209

(Aug 26): Investors should pare their Chinese equity holdings and put their money in Indonesia and Malaysia, according to analysts at Nomura Holdings Inc.

They upgraded Malaysian and Indonesian stocks to 'overweight' from 'neutral', partly on their view that the two markets will benefit more from cuts to US interest rates, according to a note by strategists including Chetan Seth. The analysts cut their recommendations on MSCI China to 'neutral' from 'overweight'.

Investors have reason to take Nomura’s pick seriously. The bank’s strategists upgraded Taiwanese equities in December, and the benchmark Taiex Index is up around 25% this year. The wider MSCI Asia Pacific Index is up about 9.8% over the same period, while MSCI China has gained by 2.7%

Posted by pang72 > 2 months ago | Report Abuse

Today. Taiko shows power liao!!

Posted by stkoay > 2 months ago | Report Abuse

@pang72 Yes...FF favorite Top Large Cap blue chips.....
For financial services, foreign investors’ top buys were Public Bank Bhd (KL:PBBANK), Malayan Banking Bhd (KL:MAYBANK) and CIMB Group Holdings Bhd (KL:CIMB).

https://theedgemalaysia.com/node/724165

Posted by Cslee1215 > 2 months ago | Report Abuse

Who grab the low hangin meat? Congratulations.

Posted by zying > 2 months ago | Report Abuse

Harimau Kuat Kuat!!! Taniah!😎

Posted by stkoay > 2 months ago | Report Abuse

Wow.....10.70
...new closing high.....
Congratulations !

Posted by stkoay > 2 months ago | Report Abuse

Funds are waiting for QR, if it's good, I think it will fly :)

Posted by jeffchan1901 > 2 months ago | Report Abuse

Nice closing at 10.70, finally to the moon. Now ex date cannot get cheap d. All those want to collect dead chicken also no chance. Will we finally see it breaking 11.00?

Posted by Mabel > 2 months ago | Report Abuse

Let's hope for the best!

Today Tiger already hit's Historical high at RM 10.720

Meow Meow Meow

Posted by newbie2019 > 2 months ago | Report Abuse

up to 11.00 and minus 30 sen and fall down to 10.70 again… free div
niceeeeeee

Posted by Jason Lee Chinhan > 2 months ago | Report Abuse

10 cent also need so much effort to push not to say 30 cents 😂

Posted by newbie2019 > 2 months ago | Report Abuse

can one…. no worry

Posted by Ahboy96 > 2 months ago | Report Abuse

not dare to buy at this price... the highest in this few years... by the way... today announced dividend?

Posted by Balian de Ibelin > 2 months ago | Report Abuse

waiting is always a killer
suggest you wait until 20.00 before you buy.

Posted by bullrun168 > 2 months ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man Maybank today !
Now Maybank was traded at @RM10.84 (+0.14) (+1.31 %)
Heng ah, Ong ah, Huat ah !

Posted by newbie2019 > 2 months ago | Report Abuse

foreign funds buying
use MooMoo app to see the institutions buying… funds including from Korea

Posted by bullrun168 > 2 months ago | Report Abuse

Wow, Amazing !
Now Maybank was traded at @RM10.86 (+0.16) (+1.50 %)
Heng ah, Ong ah, Huat ah !

Posted by GreatDreamer > 2 months ago | Report Abuse

Can hit rm11 soon even if today maybank report a so so or within expectation 3q result . When RM depreciating, maybank div yield 7%, FF not buying. Now div yield 5.5% , FF keep buying bcos their return in USD. RM strengthing will benefit domestic activity & loan growth.

Posted by bullrun168 > 2 months ago | Report Abuse

Wow, Fantastics !
Now Maybank was traded at @RM10.92 (+0.22) (+2.10 %)
Heng ah, Ong ah, Huat ah !

Posted by bullrun168 > 2 months ago | Report Abuse

Wow, Fabulous !
Now Maybank was traded at @RM10.98 (+0.28) (+2.62 %)
Heng ah, Ong ah, Huat ah !

Posted by roblzc333 > 2 months ago | Report Abuse

Will break RM11.00 very soon ex-div date 14th Sept still got some time to top up

Posted by stkoay > 2 months ago | Report Abuse

Laughing till leg too weak to walk to the bank.
Hahaha.....
Congratulations......Cheers.

Posted by Tedinvestor > 2 months ago | Report Abuse

If the results positive, I think RM 11 is within reach

Posted by Mabel > 2 months ago | Report Abuse

Meow Meow Meow

Posted by bullrun168 > 2 months ago | Report Abuse

Wow, Awesome !
Now Maybank was traded at @RM11.00 (+0.30) (+2.81 %)
Heng ah, Ong ah, Huat ah !

Posted by cucubud > 2 months ago | Report Abuse

Announced 29 sen dividend😍

Posted by morningsunshine > 2 months ago | Report Abuse

Any reinvestment plan ? Last annual meeting already approved DRP.

Posted by jeffchan1901 > 2 months ago | Report Abuse

KUALA LUMPUR (Aug 28): Malayan Banking Bhd (KL:MAYBANK), Malaysia’s biggest bank by assets, said on Wednesday its net profit rose 8.2% year-on-year in the second quarter thanks to lower provisions and tax expenses.

Net profit for the three months ended June 30, 2024 (2QFY2024) was RM2.53 billion compared to RM2.34 billion over the same period a year earlier, Maybank said in an exchange filing. Net interest income slipped 0.6% year-on-year to RM3.19 billion.

Allowances for impairment losses on loans, advances, financing and other debts fell to RM381.28 million from RM561.68 million booked in 2QFY2023.

Maybank also reiterated its target to achieve return-on-equity of 11% for FY2024.

It also declared an interim cash dividend of 29 sen per share, amounting to a total distribution of RM3.5 billion, and to be paid at a date to be determined later.

Posted by zying > 2 months ago | Report Abuse

Conratulations guys!