Jordy, LPI price unchanged at 12.50, not 10.50

you dont scare TopGunn

Today closed is RM12.50; no worry, this count is quit stable..i just burgain it's will surge (10% b4 ex-D) like last yr..nvm i'll still holding it. cos the fundamental is good ma..

i have no doubt about that

just wondering did anybody buy MAYBANK and keep it as dividend counter as well?

MAYBANK dividends record back in 2007



current price is 12.20
lowest was around 10.50 (back in august07)

Haha, what a boo-boo. What was I thinking to have typed 10 instead of 12.
My apologies
Today first half was not bad too, at RM12.40.
Maybe we can see a U-turn towards the end?

They paid 2 times? I think something is wrong with your numbers.
This is what I got:

Interim 21-Feb-07 40 sen
Final 29-Aug-07 40 sen

Only 2 payouts for FY07, how come you got 4 payouts there?

Maybank's record is usually 2 payouts per annum, so at current price, the yield is not attractive.
LPI same price, but the current FD+SD already equal Maybank's whole year of dividends.
This is not a good choice

This post has been edited by Jordy: Jan 18 2008, 02:05 PM

oh really...i got the info from starbiz, hmmm...



This post has been edited by panasonic88: Jan 18 2008, 02:26 PM

pana,
u should evaluate Maybank before u keep PBBank. Both are in the same industry.
Let's do some homework this weekend which bank has the better profit margin, PER, ROE.

Another point to take account for is the loan quality they gave out, or NPL issue.
Better loan quality will lead one bank to survive through the bad times. Locally, Pbbank is the best in term of level of NPL until now since 1997 crisis. Not meant Pbbank is better buy or not good than others. Judge your own based on data and fundamental issues.

This post has been edited by cherroy: Jan 18 2008, 02:46 PM

Talking about Pbbank, they do have large exposure to Car HP loans now a day. And the market value for cars tend to drop faster than loan outstanding, the risk is still there, but would not think it is going to be a problem like Sub Prime issue cos car loans are of shorter period .

This post has been edited by SKY 1809: Jan 20 2008, 01:54 PM

Where can I check out the history of Dividend Payout?

TQ.

from thestar online
go to business section

PROPOSED BONUS ISSUE

MALAYAN BANKING BERHAD ("MAYBANK" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF UP TO 987,277,005 NEW ORDINARY SHARES OF RM1.00 EACH IN
MAYBANK ("MAYBANK SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF
ONE (1) NEW MAYBANK SHARE FOR EVERY FOUR (4) EXISTING MAYBANK SHARES HELD
("PROPOSED BONUS ISSUE")

We refer to the announcement made on 3 January 2008 in relation to the Proposed
Bonus Issue.

On behalf of the Board of Directors of Maybank, Aseambankers Malaysia Berhad is
pleased to announce that Bursa Malaysia Securities Berhad has via its letter
dated 9 January 2008, approved the listing and quotation of up to 987,277,005
new Maybank Shares to be issued pursuant to the Proposed Bonus Issue.

The Proposed Bonus Issue is now subject to the approval of the shareholders of
Maybank at an extraordinary general meeting to be convened on 23 January 2008.

This announcement is dated 21 January 2008.


21/01/2008 06:02 PM


Ref Code: 20080121GA05296

**Should be good news for MayBank share holders right, why the share price drop today?

or which is better buy? Maybank or LPI?

Bonus issue does not actually add any value to the share other than to make it more cheaper because of extra shares. Share prices will be adjusted lower according to the additional shares added to the market. So by right, the share should not increase or decrease based on this news.

here is the info i got from Inter-Pacific Research:




*based on closing price as at 4th Jan 2008

i found one stock which is high dividend yield but price is affordable!

today closing price is RM 1.02
DY % = 12.7%
Dividend (Interim + Final) = 13 sens
Counter name = YiLai



high DY% isn't

This post has been edited by panasonic88: Jan 21 2008, 08:32 PM

Public Bank posts RM2.1bil profit

By YEOW POOI LING

KUALA LUMPUR: Public Bank Bhd posted a 23% jump in net profit to RM2.1bil for the year ended Dec 31, 2007 (FY07), thanks to higher net interest and financing income as well as other operating income and lower loan loss provisions.

Earnings per share improved to 63.3 sen from 52.1 sen in FY06 while net return on equity rose to 26.3% from 21.9% previously.

»Loan demand remains strong, driven by consumer financing like hire purchase, mortgage, personal financing and SMEs« DATUK SERI TAY AH LEK
The board has proposed a final dividend of 40 sen per share and a special dividend of 10 sen. Together with the interim dividend of 25 sen paid in August last year, the total dividend for FY07 amounted to 75 sen a share.

In the fourth quarter ended Dec 31, 2007, net profit surged 30% to RM580mil from RM445mil in the previous corresponding period. It was also 7% higher than the net profit of RM543.6mil reported in the preceding quarter.

In FY07, net interest income increased 13% and Islamic banking income, 12%. Cost-to-income ratio remained low at 33.1% compared with the industry average of 44%.

Total assets rose 18% to RM174.2bil as of end-2007, or three times the group's asset size of RM61.9bil in 2002.

Total loans grew 20% to RM101.4bil, with the bulk of lending for the purchase of property and vehicles as well as to businesses. Public Bank's share of the loan market rose to 14% as at November 2007 from 13.2% as at end-2006.

Customer deposits expanded 24% to RM138.8bil as at the end of last year, with its market share at 14.3% as at November 2007.

The bank's net non-performing loan (NPL) ratio improved to 1.2% in FY07 from 1.6% a year earlier. Loan loss coverage stood at 119%, the highest in the country's banking industry.

After deducting the proposed final and special dividends, the risk-weighted capital ratio remains strong at 12.4%.

The group's unit trust management subsidiary grew total fund assets by 75% to RM28.4bil, with a market share of 40% compared with 27.6% in the beginning of 2006.

Managing director Datuk Seri Tay Ah Lek said the bank anticipated a 15% growth in loans and about 18% to 20% for deposits.

He said net NPLs were likely to fall below 1% this year due to fewer NPLs, low unemployment and stable interest rates.

"Loan demand remains strong, driven by consumer financing like hire purchase, mortgage, personal financing and SMEs (small and medium enterprises)," he told reporters after announcing the results yesterday.

This year's prospects remain positive given the resilience of the domestic economy buoyed by a large current account surplus, ample liquidity and a strengthening ringgit.

Tay said the Government's targeted 6% gross domestic product growth would be supported by domestic demand, the salary increase for civil servants, withdrawal from the Employees Provident Fund to pay housing loans, public spending under the Ninth Malaysia Plan, the various economic corridors and intra-regional trade.

Inflationary pressure was mainly cost-push while demand was not excessive, he said, adding that the stronger local currency would moderate the pressure.

The group intends to enhance long-term fee-based revenue by expanding on its fund management, bancasurrance and wealth management services.

Its 10-year regional alliance with ING/Asia Pacific Ltd for bancasurrance distribution took effect from Jan 1 and is expected to boost fee-based commission income in the mid- to longer term.

Public Bank expects overseas contribution to increase to 20% in the next one to three years from 15% currently. The bulk of the profits in FY07 came from Hong Kong and Cambodia.

Tay said the group planned to open more branches, with two each in Hong Kong, Cambodia and Laos, and one in Vietnam.

OSK Investment Bank analyst Chan Ken Yew said Public Bank's results were within expectation but added that the higher dividend was "a sweet surprise."

He said the present consensus net profit of RM2.3bil was likely to be revised upwards.

"The group should be able to achieve the targeted loans growth as its operations in Hong Kong and Cambodia are doing very well," Chan added.

Source:
Public Bank Posts 2.1Bil Profit

This post has been edited by warbamboo: Jan 22 2008, 08:46 AM

Yilai has high DY, but you sure it isn't just a one time thingy?
Another counter that could be a new high DY counter is ZHULIAN.
It is cash rich at RM126 million, and proposed a dividend of 13.5 sen.
At current price of RM1.09, the DY is around 12.4.

It is a MLM company, which has been a household name over at the north and south.
So, they should be able to sustain the high DY.
Might be the next AMWAY too

i got a noob question on dividends.

Let's say a dividend will be paid/declare tomorrow.

I buy the shares today, will i be still be entitled to dividends payments? I mean full dividend or proportionate according to time period u hold the shares in that year?

For eg:
Hold shares for a year: 20 sens * 365/365days
hold shares for 10 days only: 20 sens * 10/365days

You will entiltle dividend as long as you hold/buy before ex-Date. Pls take note that the share price will be adjusted after the ex-Date.
Example - PBBank RM11.30 (before ex-date) dividend 0.20
Next market day, price will adjusted to RM11.10 and you will received you cheque on 0.20 dividend.