i had bought maybank share today.Just join Maybank group

Actually in my mind PBB is the best,but however the price also best
so after few weeks consideration,decide to buy maybank

Any one maybank share holder here??

reason to choice:
1.Giant in Malaysia
2.maybank2u is convenient to use
3.goverment link

poor things:
1.recently just spent few billion in acquisitions
2.dividend might be reduce


Any one have maybank in ur portfolio??

reason to choice:
1.Giant in Malaysia (See comments below)
2.maybank2u is convenient to use (lol, does Maybank earns from M2u?)
3.goverment link (Govern not stable la)


Giant in Malaysia, but a small ant in South East Asia.

Singapore bank can easily eat Maybank.

Maybank is over rated company, and actually not doing well in customer service. Public Bank rule in that.

Say's who M2U is easy to use? Ur statement is bias. M2U sucks, always hang, slow response time and cannot "erect" when required. LOL

Other banks are coming up with better Online Banking. CIMB is way better from M2U, in term of speed plus user friendly too. Hong Leong Online is better in term of security.

Maybank now is fundamentally okay but not as strong as 2 years back. Blindfolded new boss is starting to bring "down" Maybank? U be the judge.

Conclusion : To buy share just because of those 2 weak points are not worthy.

This post has been edited by zamans98: Jun 2 2008, 07:59 PM

strong support rm7.00..i will go in when 7.00 or below

hehhe, I'm with you..

Rm6.00 is a better/safer bid i hope, if judging based on valuation. I would expect the PE to be around 7.2 to be in the safe zone for buying in. In anticipating a lower dividend and longer time of recovery due to excessive of spending.

Unless Maybank "buys" another overprice company, i doubt that it will drop any lower than RM7. Bear in mind, Maybank is still has considerable funds.

7.35 close today..haha..nearly my TG..

After tmr,we never know what happen..petro 2.70 now..Inflation stay HIGH..

[quote=zamans98,Jun 2 2008, 08:56 PM]
reason to choice:
1.Giant in Malaysia (See comments below)
2.maybank2u is convenient to use (lol, does Maybank earns from M2u?)
3.goverment link (Govern not stable la)
Giant in Malaysia, but a small ant in South East Asia.

Singapore bank can easily eat Maybank.

How can singapore easily eat maybank??? It is 60% more own by PNB, AMAHAH RAYA and EPF. With freefloat about 30 over percent. The recent aquisition of BII will enhance EPS of maybank about 10 sen. Aquisition of MCB (pakistan) will enhance EPS for another 5 sen. So it is a short term pain (low dividend yield) long term gain (increase of EPS).

Don you know now Amanah raya and EPF are starting to accumulate maybank ranging from RM 8.00 to RM 7.00. i strongly think the support IS AT RM 7.00


SO IT IS TIME TO BUY NOW

---

Added on July 24, 2008, 8:25 pmMaybank today close at RM 7.60

This tiger will roar soon!!!



This post has been edited by darkknight81: Jul 24 2008, 08:25 PM

i bought this Tiger too early at higher price..... : (

http://biz.thestar.com.my/news/story.asp?f...09&sec=business

Any comment on this stock?

This post has been edited by darkknight81: Aug 27 2008, 08:18 PM

Since the aquisition of BII is confirmed cancelled. Maybe can look into this stock again

The Tiger is sick at the moment after eating wrong/rotten 'meat' (Acqusition BII) causing severe diarhoe that lose 480 millions. So after massive diarhoe, now lembik lembik already.

Just joking.

I sold off mine at RM 8.00 where i bought at RM 7.30. bUT I MISSED THE DIVIDEND 20 SEN

The final dividend just announced, still cum mah, only ex after next month.

No more bullets oredy ... All used up for YTL power

Maybank weighs, KLCI eyes 1,000
By JOSEPH CHIN


KUALA LUMPUR:Maybank fell as much as 4.73% in early trade on Wednesday, weighing down the market while the KL Composite Index approached the 1,000-level as investors were still concerned about its acquisition of Bank Internasional Indonesia (BII).

At 9.30am, the KL Composite Index was down 8.70 points to 1,003.67. Turnover was 50.39 million shares valued at RM89mil. There were 60 gainers, 121 losers and 67 counters unchanged.

Light crude oil rebounded, rising US$2.66 to US$93.80 per barrel.

Asian markets fared better after a firmer close on Wall Street on some hope for a lifeline for AIG. South Korea’s Kospi jumped 48.1 points or 3.47% to 1,435.85, Japan’s Nikkei 225 rose 255.85 points or 2.2% to 11,865.57, Singapore’s Straits Times Index added 1.17% to 2,490.23 but Shanghai’s A Share Index eased 0.5% to 2,075.25.

On the market outlook, HwangDBS Vickers Research said Asian markets should show some relief rebound following the overnight rise on Wall Street.

“This comes even though the U.S. Federal Open Market Committee decided to leave the benchmark federal funds rate unchanged at its scheduled meeting last night.

“Nonetheless, investors will likely remain cautious ahead, watching out for the possibility of more victims in the ongoing financial crisis following the Lehman Brothers collapse,” it said.

While the research house was expecting some improvement in market sentiment at Bursa Malaysia, it said the immediate upside potential for the KLCI was expected to be capped at a technical resistance level of 1,020 due to the light buying interest.

On Tuesday, Maybank’s hopes to acquire BII were revived after Indonesia’s financial regulator Bapepam said it might extend the timeframe for Maybank to sell down its BII stake after a proposed acquisition.

Malaysia’s largest bank by assets also said Bank Negara had reinstated its approval for the acquisition following the latest development.

A local research house said while it was pleased that the deal would go ahead, the flip-flops in the past two months underscore the high policy risks of operating in Indonesia.

Furthermore, the potential BII loss might be an earnings overhang in the next few years, it added.

Maybank fell as much as 35 sen to RM7.05. It saw 1.36 million shares transacted.

Batu Kawan and KLK fell 30 sen each to RM6.80 and RM9.60 while IOI Corp lost 12 sen to RM3.92 and Kulim 10 sen lower to RM5.20 and Kulim-WB 12 sen to RM3.

BCHB eased 20 sen to RM7.65 and Genting slipped 14 sen to RM4.78 and Tenaga 10 sen to RM6.40.

However, Tong Herr added 52 sen to RM2.80 while Parkson added 10 sen to RM4.18 and AFG six sen to RM2.70 while Public Bank rose five sen to RM9.85.

Now Maybank is given green light by BNM to acquire BII which lead to its share price plummet.

Really 'pening', first not approved, now approve. This acquisition saga really amazing, high price of acquisition then hit a snag on Indo authority side, then BNM not approving, now BNM approving again, what next?

Ya, BII is proceeding with the two conditions stated.

http://www.theedgedaily.com/cms/content.js...195fc0-34aa0050

Taking into consideration of current political uncertainties, this counter still have way to go down...

I suspect this acquisition have got to do with Amirsham resignation. He is going to resign and he need cash for his retirement life... Know what i mean right ?

MBB confirm its acquisition to BII at discounted price. Any comment ?

I have been evaluating this counter but found that the fundamental and growth is not stable, at least comparing to Public Bank. But it is very attractive that previous price was above RM10 before the announcement of the acquisition. Do you think MBB will get benefit in the long run from BII in Indo which is the biggest Muslim community, where MBB may expand its Islamic Banking business there.

From my study, I think the resonable price is way below RM5 or even RM4. But this "Superstar" counter is so popular and welcomed by many people and hence the market price will never go less to my expectation. EPS is quite close to PBB at RM0.60, whereas the price is RM10 (PBB) to RM6.90 (MBB).

I am feeling bit itchy to grab a little some. However, I know this move is close to gambling when the reason of my buying is merely taking advantage of its popularity and wishing someone will buy at higher price from me.

What if I stock in t RM6.80 ?

Looking forward to learning from all sifus here.