Posted by roblzc333 > 3 days ago | Report Abuse

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

Posted by stkoay > 3 days ago | Report Abuse

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

Posted by Tedinvestor > 3 days ago | Report Abuse

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

Posted by Mabel > 3 days ago | Report Abuse

Meow Meow Meow

Posted by bullrun168 > 3 days 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 > 3 days ago | Report Abuse

Announced 29 sen dividend😍

Posted by morningsunshine > 3 days ago | Report Abuse

Any reinvestment plan ? Last annual meeting already approved DRP.

Posted by jeffchan1901 > 3 days 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 > 3 days ago | Report Abuse

Conratulations guys!

Posted by newbie2019 > 3 days ago | Report Abuse

1 sen short lol

Posted by morningsunshine > 3 days ago | Report Abuse

Too bad no DRP

Posted by KingKKK > 3 days ago | Report Abuse

MAYBANK: Technical Outlook Suggest Target Of RM11.50, Is The All Time High Within Reach? (Uptrend Stock) - KingKKK

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-08-28-story-h-153210828-MAYBANK_Technical_Outlook_Suggest_Target_Of_RM11_50_Is_The_All_Time_Hig

Posted by stkoay > 3 days ago | Report Abuse

QR within expectation.
...will probably be "market perform" ....if bull run for banks continue with fund flow...should perform well in medium term.

Posted by Mabel > 3 days ago | Report Abuse

Meow Meow Meow

Thank you Tiger!

Well done Team!

Posted by Steven Chan > 3 days ago | Report Abuse

PBb have record quarterly profits. All banks record profits

Posted by Mabel > 3 days ago | Report Abuse

Well done PBB..

Yesterday was Bank Islam, Maybank just released their Result

MAYBANK 2nd Quarter 2024

1. Maybank 2nd Quarter 2024 net profit increased 8.2% to RM2.53 billion. This is due to lower provisions and tax expenses.
2. According to its filing with Bursa, Maybank maintains its target to achieve return-on-equity (ROE) of 11% for FY2024.
3. The company announced a dividend of 29 sen per share similar to the level announced last year.

Next is CIMB

Yum Yum

Posted by Tedinvestor > 3 days ago | Report Abuse

Profit increased but dividend remains the same

Posted by newbie2019 > 3 days ago | Report Abuse

ya lo, but ok la for the time being lo

Posted by Jason Lee Chinhan > 3 days ago | Report Abuse

CIMB is the champion 💪

Posted by Tedinvestor > 2 days ago | Report Abuse

CIMB indeed the best performing bank stock. I bought Maybank and RHB but missed cimb.

Posted by Mytime > 2 days ago | Report Abuse

If you are using moomoo trading app, you know for the past few days foreign funds had been selling Maybank and Cimb. Funds are following into Public & RHB.

Posted by Loh Kok Wai W > 2 days ago | Report Abuse

One day show.....Big shark sell n run...holiday visit Thailand enjoy...hahaha..

Posted by willsmith > 2 days ago | Report Abuse

@Mytime how can you tell from that app? which part?

Posted by Income > 2 days ago | Report Abuse

😜 you listen to myTime. Where can you get that data from mumu?

Posted by speakup > 2 days ago | Report Abuse

maybank ada tiger show: https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-08-29-story-h-153174311-Sexual_harassment_incident_that_sparks_picketing_at_Maybank_branches_na

Posted by Steven Chan > 2 days ago | Report Abuse

Tiger show from Bangkok

Posted by moneyontheway > 1 day ago | Report Abuse

@steven, ever attended one such Tiger show???

Posted by stkoay > 1 day ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/08/1098702/banking-sector-soared-while-tech-disappointed-2q-earnings-tally

According to the firm, Maybank, RHB Bank, AmBank, and Public Bank exceeded expectations.
"Following our recent upgrade of bank earnings across the board, there could be upside potential to our KLCI earnings forecasts," it said in a research note today.

CIMB Securities maintained the end-2024 KLCI target of 1,728 points, based on a target price-to-earnings ratio (P/E) of 16 times, which is one standard deviation above its five-year mean P/E.

"We will be reviewing our KLCI valuation model post-results season to reflect the higher bank earnings, which will likely be positive for overall earnings growth," it said.

Posted by prudentinvestor > 1 day ago | Report Abuse

Maybank rebounds fast. It dipped below RM10.60 at one stage. Should close above RM10.70 today.

Posted by Income > 1 day ago | Report Abuse

Heaven

Posted by zying > 1 day ago | Report Abuse

Last min Pumppp, Selamat Hari Kebangsaan, Merdeka! Merdeka! Merdeka!

Posted by Income > 1 day ago | Report Abuse

I don't support Harimau Bank because of sexual harassment GATAL kes ongoing since 2021 !!



Sexual harassment incident that sparks picketing at Maybank branches nationwide can be ‘a racial time bomb’
Author: savemalaysia | Publish date: Thu, 29 Aug 2024, 10:00 PM

AN industrial discord is brewing between the National Union of Bank Employees (NUBE) and the Malayan Banking Bhd (Maybank) management with widespread “spirited picketing” having been staged at numerous branches of the bank nationwide after office hours (6pm to 7pm) since Monday (Aug 26).

Although there were numerous issues raised by the bank’s NUBE-affiliated staff, the key trigger is believed to be that of a female staff from the Maybank Bercham branch in Ipoh who was allegedly bullied, intimidated and ultimately suspended on Aug 20 for having reported incidents of sexual harassment against her.

Posted by speakup > 1 day ago | Report Abuse

amboi banyak staff gatal gatal kat maybank

Posted by Income > 1 day ago | Report Abuse

Maybank staff s not happy. You think in the long run maybank will outperform Public Bk, CIMB or RHB ker?

Posted by speakup > 1 day ago | Report Abuse

https://focusmalaysia.my/maybanks-attempt-to-misdirect-and-manipulate-workers-and-shareholders/

Posted by Mabel > 1 day ago | Report Abuse

Diversifying across several banks is a smart approach, especially when focusing on dividend yields. This strategy can help spread risk and take advantage of the strengths of different institutions. Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024 for most):

*Revenue*

Maybank: MYR 14.92 billion
CIMB: MYR 5.6 billion
BIMB: MYR 590.2 million

*Earnings (Net Profit)*

Maybank: MYR 5.02 billion
CIMB: MYR 1.96 billion
BIMB: MYR 137.2 million

*Dividend*

Maybank: 29 sen per share
CIMB: 27 sen per share
BIMB: 4.22 sen per share

Happy Merdeka Every One!

Meow Meow Meow

Posted by gooman > 1 day ago | Report Abuse

Crypto Owners More Likely to Have Psychopathic Traits, Study Says

High levels of ‘dark’ personality traits seen in crypto fans
‘Call us whatever you want. We’re leading,’ says one trader
https://www.bloomberg.com/news/articles/2024-08-30/crypto-owners-more-likely-to-have-psychopathic-traits-study-says

Posted by stkoay > 21 hours ago | Report Abuse

https://theedgemalaysia.com/node/725074

(Aug 31): Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the US Federal Reserve (Fed) looks set to embark on monetary easing.

Exchange-rate watchers see likely further weakness in the greenback giving emerging-market currencies more wind in their sails. With foreign currency holdings at banks in Malaysia and Indonesia near a record according to data compiled by Bloomberg, more support is seen coming when exporters convert their dollars into local currencies.

Southeast Asia is “undervalued, under-invested and under-researched, which means a lot of alpha”, said John Foo, the founder of Valverde Investment Partners Pte Ltd. It’s “at a new beginning as global allocators position back in the region”, he added.