If u think the US and China fight will get worse soon then don't buy any stocks, banking stocks or otherwise. Buy bonds, gold or keep cash.

Trade war > global recession > falling loan growth > high default > interest rate cuts.. Bad for banks

Global financial crisis. Welll, we WERE affected. We had a recession. But many ppl didnt feel it because it was over very fast for us (thanks to China). But KLCI did drop like 40% from its highs.

Trump: US election is in Nov next year. He still got chance to win. If he losses, some of the Democrat candidates are also anti China. Perhaps more so.

Best place to be in a recession is Govt Bonds as Central Banks will cut rates. But as rates are already low, they will have to go to 0 or negative in some countries, n will also start QE.. Great for gold. For Gold I like Goldetf.

On the other hand, Xi and Trump could also be BFF again by end of this month. Many central banks have loose monetary policy now. And these could have postponed recession. Good for banks then.

Or maybe it's all just false hope?

This post has been edited by Cubalagi: Nov 8 2019, 02:40 PM

The thing is u don't know the future.. Could be next year, 2021, 2022...n you could miss out on a lot of good returns. That's investing for u.. Taking risk.

In the meantime, Maybank. Close up again! Nice. Rm9 coming..

Interest rate cuts

Welcome to the Club.. 😆

I use market timing strategy. It's not that impossible as ppl think, but requires guts n recognizing the possibility I could be wrong.

It's of course impossible to time perfectly, so usually a little bit early, occasionally a little bit late, but u don't want to be too early and definitely do not want to be the last.

This post has been edited by Cubalagi: Nov 13 2019, 01:27 AM

Rm7. 00 I will withdraw my epf n put in Maybank. RM4, I will refinance my house n put in Maybank.. 😆

Not the same problems. DB never really managed to recover from the Global Financial Crisis. Then it invested too much into Investment Banking and suffered greatly. US Fed Reserve had to bail them out! They would have been bankrupt then already.

After that, it was the zero-negative interest rates of Europe which makes it hard on their margins. So it continued decline.

I don't see the same scenario for Maybank.. But of course always be watchful.

This post has been edited by Cubalagi: Nov 18 2019, 04:43 PM

Good luck if can hit 8.40.

3Q results is pretty decent, better than 2Q which itself was better than that bad 1Q. I'm expecting an even better 4Q.

Compared to 2018, earnings have dropped, by about 2.8%. But stock price has dropped even more, 10+%. Buy.. 😆

This post has been edited by Cubalagi: Nov 28 2019, 03:49 PM

While I'm a Maybank investor, I have to say I disagree with this basis of investing in Maybank.

.
As long as you are aware that they are 2 different types of investments. ASM is a fund and the price is some more fixed at RM1.00, u just sleep and enjoy dividends.

MBB is a stock, and like all stocks, the price moves daily and changes even within the day (intraday). Be prepared for the volatility. Be sure to increase your knowledge of how stock investing works.

Wah Maybank drop a lot.. Beli lagi at 8.55.

Huh. Why?

Singaporean investors can easily buy Maybank from their brokers if they want to, even now.

This post has been edited by Cubalagi: Jan 8 2020, 07:11 PM

Not at any price of course. Those who bought near RM10 wouldn't be very happy investor.

Is 8.65 good to enter? Depends on who you ask. One sifu here will say waste of time n money..better fishes out there 😆 I see analysts estimates are between high of RM10. 30 to a low of RM8. 25, with the consensus at RM9.28. But some sifus here say don't ever listen to analysts.. 😆

Also BNM dependant too, if BNM cut interest rate at the MPC meeting this 24 Jan, that price may not hold. If they don't cut, it could probably go higher. (But price may start to move even before the decision) .

Ultimately depend on the economy. Maybank is a good barometer for the Malaysian and Asean economy. N LGE said 2020 will be better year. So believe or not?

So many 'depends"..

But for me, I hv been buying at this level. Expecting between 30-32 sen dividend coming into my bank account in early July.

This post has been edited by Cubalagi: Jan 13 2020, 02:15 PM

Maybank ex date for final dividends usually early June.

Wah.. BNM cuts OPR by another 25 bps. Damn.I was expecting a cut only later in the year..

I should think so..

You the type that never buy one lah.. 🤣