MALAYAN BANKING BHD

KLSE (MYR): MAYBANK (1155)

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Last Price

10.12

Today's Change

+0.02 (0.20%)

Day's Change

10.08 - 10.14

Trading Volume

5,658,900

Major Holders Breakdown
Current Holdings

Name

No. of Shares

Percentage

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

Historical Transactions
From To Type No. of Shares Min Price Max Price
Discussions
38 people like this. Showing 50 of 22,901 comments

pang72

Tiger bank $10.10 lo

2 weeks ago

stkoay

Foreign fund holding is still low at 19.69% versus the peak in 2013 25.64%

2 weeks ago

stkoay

If foreign holding returns to 25+% , I think RM12 is a possibility.

2 weeks ago

pang72

New madani government leads the country, $12 is possible..
Old corruption government leads the country, $7 is possible
We are in the right path to $12 or higher because our economy is expanding

2 weeks ago

stkoay

Top 2 sui sui

2 weeks ago

pang72

MAYBANK] Change In Substantial Shareholder's Shareholding - AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA on 04-Jul-2024
Stock
[MAYBANK]: MALAYAN BANKING BHD
Announcement Date
04-Jul-2024
Director's Particular:
Name
AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Details of Changes:
Currency
-
Date of Change Type Number of Shares
02-Jul-2024 Acquired 25,000,000
Registered Name
AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Nature of Interest
Direct Interest
Nature Interest
Direct Interest
Shares
ORDINARY SHARES
Reason
PURCHASE OF SHARES
Total no of securities after change:
Direct (units)
3,748,349,593
Direct (%)
31.06
Indirect (units)
0
Indirect (%)
0.00
Total (units)
3,748,349,593
Total (%)
31.06
Date of Notice
02-Jul-2024

2 weeks ago

pang72

Amanah raya bought 25mils MBB...
Sudah gilar wei..

2 weeks ago

Balian de Ibelin

on track to RM20.00 per share

2 weeks ago

pang72

Correct! $20 mari...

2 weeks ago

pang72

Amanah bought 25mils shares in a go...
It cost 250mils ringgit...
We can see national team continuing support local market in full swing

2 weeks ago

DickyMe

RM 6.65 coming soon.

2 weeks ago

nab8080

Day dream?

2 weeks ago

DickyMe

Everything began from dream, even the underwear which you wear!

2 weeks ago

SeekUndervalued

RM 6.65? How you came up with that figure? RM 6.65 after bonus issue ke?

2 weeks ago

pang72

I think bonus maybe another option 1 for 1...
Long time didn't see cheap price Maybank

2 weeks ago

jeffchan1901

Wah.. very good. I stopped monitoring and suddenly Harimau closed at 10.10.. Wonder if the goodie bag in September like Xmas coming early. So glad I sold off my ASM and bought Harimau earlier this year. Congrats to all Tiger lovers.. our conviction finally paid off.. niceee

2 weeks ago

NickelLee

Post removed.Why?

2 weeks ago

stkoay

https://theedgemalaysia.com/node/718275

CGS has adjusted its forecasts, raising projected dividends per share by approximately 16.6% to 62 sen-67 sen for FY2024-FY2026, and increasing its dividend discount model-based target price from RM10.60 to RM11.20 for Maybank.

2 weeks ago

zzprozaz

Post removed.Why?

2 weeks ago

stkoay

https://www.freemalaysiatoday.com/category/business/2024/07/10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes/

Mapletree Pan Asia Commercial Trust and DBS Group Holdings Ltd were among the biggest gainers on the gauge.

Shares of major banks have risen to record highs in recent weeks amid optimism over dividend payouts as higher interest rates help profitability. Local firms are expected to start reporting second quarter results starting end of July.

2 weeks ago

jeffchan1901

Wow.. Harimau seems to be holding steady above the RM10 mark. Guess market anticipating the bank to meet its goals

1 week ago

stkoay

https://theedgemalaysia.com/node/718568

"People are warming up to Malaysia and asking where they should invest," he added.

Malaysia, which had fallen off the radar for many foreign investors, is now attracting attention once again.

"Foreign investors are taking baby steps and putting money in," he said, although the foreign ownership level remains at only 19%, not yet peaking at the 35% to 40% levels.

Rajiv said JPMorgan’s upgrade reflects a combination of economic growth, effective policy implementation and improving governance, making Malaysia a more promising investment destination.

1 week ago

jeffchan1901

I believe the Saudi's decision to not renew the 50 year Petro Dollar agreement and Malaysia's intention to join BRICS nation and hence less affected by the USD is a contributory effect to Malaysia prospects as well. Among other things, the unstable geopolitical scene has somewhat benefited Malaysia in the semiconductor field and the current reforms a move in the right sector. Another plus point is that the KLCI is in low 1600 points, still room to improve to at least mid 1600 mark. As long as no more huge financial scandals, unforeseen calamities and no sudden economic policies to shake up the market, I think the only way for the market is upwards.

1 week ago

nhbeen

@jeffchan1901. Well analysed and said.

1 week ago

Mabel

https://theedgemalaysia.com/node/718568

Malaysia is starting to sail again…

KUALA LUMPUR (July 11): After almost six years of maintaining an "underweight" rating on Malaysia, JP Morgan has upgraded its stance on the country to "neutral", according to a recent CNBC interview with Rajiv Batra, its head of Asia-Pacific (ex-Japan/China) equity strategy.

The decision was driven by several key factors, including policy reforms, data-centred investments, and a significant infrastructure buildout.

Malaysia is recording a 4.2% gross domestic product (GDP) growth in the first quarter of this year, and earnings growth tracking around 10% to 11%.

Foreign money is coming back to Malaysia

Malaysia, which had fallen off the radar for many foreign investors, is now attracting attention once again. "We suffered (US$)7 billion outflows in Asean equities this year. Malaysia started with around (US$)150 (million) to (US$)160 million outflows in the first quarter but saw a return of (US$)200 million in the second quarter,"

The changing perception among international investors is evident, as Malaysia has seen foreign investors returning after initial outflows. Notably, year-to-date, the bellwether index FBMKLCI has gained 11%, while FBM70 is up 28%.

Meanwhile, the ringgit has strengthened more than 2% against the US dollar from its over two-decade low in February. "People are warming up to Malaysia and asking where they should invest.

One reason for this renewed interest is Malaysia’s potential as a technology hub. "Foreign money is starting to come back to Malaysia," noting the interest in sectors like chip packaging in Penang, data centres, electric vehicles (EVs), green energy and solar projects. Foreign investors are recognising the multiple themes and sectors that Malaysia has to offer.

Considering Malaysia’s substantial market capitalisation, comparable to Singapore, Indonesia and Thailand, it is becoming a more attractive destination for foreign investment. "Foreign investors are taking baby steps and putting money in," …although the foreign ownership level remains at only 19%, not yet peaking at the 35% to 40% levels.

JP Morgan’s upgrade reflects a combination of economic growth, effective policy implementation and improving governance, making Malaysia a more promising investment destination.

1 week ago

newbiedoobie

What's the best entry price? I don't hold any MBB shares yet so thinking of entering but 10 seems too high. Do y'all think there will be a correction soon?

1 week ago

SeekUndervalued

@newbiedoobie, there is no best entry price. There is no too high, there is always higher. There is no too low, there is always lower. Even there is correction, the price won’t drop too much as MBB will announce their next dividend soon.

1 week ago

Mytime

Above 10 carry high risks. PE trading among highest in the bank stocks.

1 week ago

bullrun168

Walaoeh, what happend ?
Super damn hot man Maybank today !
Now Maybank was traded at @RM10.18 (+0.14) (+1.4 %)
Heng ah, Ong ah, Huat ah !

1 week ago

stkoay

Closed at new High
....and volume traded 16m shares is 60% higher than 4 wk avg volume of 10m
....next wave up start already :)

1 week ago

jeffchan1901

@newbiedoobie

You need to understand first what sort of investor are you? Are you in it for the short term or are you into long play? Secondly you need to look at MBB past 10-year trend and see which is the highest price it ever achieve (RM11.08 in 7 May 2018) and research why during that period it was high. Will the reason causing it to increase to that high can ever repeat itself? Next look at the DY % - for me, as long as it is higher that and savings fund returns you can get, then it is a no brainer. You age will certainly be a consideration in this. If you are about to retire and want to build a sustainable, consistent return for your monthly expenses, then consider whether Harimau meet your needs, assuming an average annual dividend rate of RM0.60 sens per share, ceterus paribus, that would be your answer. Hope this gives you an idea on how to consider when to go in.

1 week ago

Mytime

Be patience, why jump aboard a over crowded ship? Ignore the upside. Nothing goes up forever. Retailer mindset is safe entry. Only investment funds are active buying at this price. Of course those who bought cheap encourage to enter now cause they have nothing to lose. But will they top up at this price????? I don't think so

1 week ago

Mytime

Maybank will drop the DRIP plan if the stock price is high because they knew the take up rate is low

1 week ago

Tedinvestor

I personally think now is not good entry price. Dividend rate already dropped below 6% at RM10 stock price. Dividend not as attractive as previously. Only those who bought at 7 to 8 are considered save buy. In fact Public Bank, Alliance and RHB bank valuation looks attractive compared to Maybank. Even cimb are cheaper

1 week ago

abcb

Before Pakatan Harapan, MAYBANK worth only 6.10,and now after Pakatan Harapan became Government, MAYBANK worth more than 10.00

1 week ago

Tedinvestor

MCO lockdown was the reasons behind the falls.

1 week ago

stkoay

https://theedgemalaysia.com/node/719313

It is estimated that the top six GLICs collectively manage close to RM1.9 trillion. Assuming 10% to 15% of this amount is invested in foreign equities, a 10% "clawback" of the foreign portion could bring approximately RM20 billion to RM30 billion back into the local market, Yee said.

1 week ago

stkoay

https://theedgemalaysia.com/node/719313

Rakuten equity research vice-president Thong Pak Leng named RHB Bank Bhd (KL:RHBBANK), Malayan Banking Bhd (KL:MAYBANK), CIMB Group Holdings Bhd (KL:CIMB) and Alliance Bank Malaysia Bhd (KL:ABMB) as its top picks in the banking sector for their solid dividend yields, and Hong Leong Bank Bhd (KL:HLBANK) and Public Bank Bhd (KL:PBBANK) for potential upsides.

“We continue to like the banks given their strong fundamentals, dividend yields and earnings growth. Loan growth this year is projected to be solid, within the 5.5%-6.0% range, while net interest margins will remain stable for the year, amid a more stable interest rate regime,” he said.

1 week ago

Tedinvestor

Don't trust investment bank. Currently I'm holding Maybank and RHB.

1 week ago

SeekUndervalued

@Tedinvestor, me too. Once Maybank announces its dividend, the share price will increase further.

6 days ago

Tedinvestor

Hopefully they make more profits in the coming quarter.

6 days ago

mf

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

5 days ago

i7investors

KUALA LUMPUR (July 19): Economists are mostly maintaining their 2024 economic growth forecast for Malaysia after the official advance estimate showed a faster than expected growth for the second quarter (2Q).

The Department of Statistics Malaysia reported on Friday that the gross domestic product (GDP) is estimated to have grown 5.8% in April to June compared to the same period last year, driven by consumer spending and exports.

This is the biggest rise in six quarters, and compares to the median 4.7% expansion predicted in a Bloomberg survey. In the first quarter, the economy grew 4.2% year-on-year.

UOB Global Economics & Markets Research, noting that the advance 2Q estimate surpassed its own projection of 4.6% for the quarter, said it will revisit its forecast for the full year when the final 2Q number is released on Aug 16.

"With average GDP growth of 5% in 1H2024 and a continuation of year-ago lower base of comparison in 2H2024, there is upside risk to our full-year GDP growth forecast of 4.6% for 2024 (BNM est: 4-5%, 2023: 3.6%)," it said in a note.

“The ongoing global tech upcycle, higher tourist arrivals and spending, continued investment flows and implementation of catalytic initiatives under the national master plans remain key growth catalysts amid lingering external uncertainties,” it added.

3 days ago

stkoay

https://www.nst.com.my/business/corporate/2024/07/1080092/bursa-hits-three-year-high-foreign-investors-return

The top three net buys by foreign investors were Malayan Banking Bhd, CIMB Group Holdings Bhd and Tenaga Nasional Bhd (TNB), while YTL Power International Bhd, RHB Bank Bhd and Hong Leong Bank Bhd were among the top three net sells by foreign investors.

Local institutional investors focused their net selling in the financial services and construction sectors, with Maybank, CIMB and TNB among their top sells.

1 day ago

stkoay

EPF took profit when FF bought....when market corrects, they will buy back at lower level...

....trading for profit and at the same time making the trade to be less volatile

1 day ago

sell

Bank worker union launches nationwide picket over alleged union-busting, fight for fair salaries
https://www.malaymail.com/news/malaysia/2024/07/22/bank-worker-union-launches-nationwide-picket-over-alleged-union-busting-fight-for-fair-salaries/144636

1 day ago

SeekUndervalued

How much dividend do you think they will announce next month? 30 cents, 31 cents, or 32 cents?

1 day ago

Ahboy96

40cents?

1 day ago

SeekUndervalued

Hahaha. 40 cents? If 40 cents, the share price will be at least RM 11 bro.

1 day ago

SeekUndervalued

Never ending picket. If you are the bank CEO, you will also feel headache. Hahaha. In my opinion, once you fulfil their requirements, next year they come again as they know you will fulfil their requirements. Then every year also picket, picket, and picket. If I am the CEO of the bank, I also headache. Might as well free the whole company to you. Hahahaha. Bank working environment already considered one of the best working environment in Malaysia. So many public holidays and also annual leaves, still not satisfied? If still not satisfied, just quit your job and look for others. Why waste time if you feel you can be appreciated and worth huge salary by others? The bank is not forcing you to work with them. This is open market, if you feel your work/task is worth more money and the boss can't offer such salary or benefits to you, just move on to other jobs.

1 day ago

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