picked up from the quarterly result?

Yes

okay, noted mr wil

good idea to pick up some up now? huhuhuhuhu

Went down due to ex-dividend only.

Wah.. Maybank closed RM7.50 yesterday. So low!

If u are not worried of catching a falling knife, now is a good chance to buy. If u have the holding power, that is.

Furthermore, never assume that it's too big to fail.

I q at RM7.50 but didnt get done.

Maybank is too big to fail. Coz if it goes, I think the country goes.

Received dividend reinvestment form. Should I reinvest or not do anything with the form at this current situation?

Thanks

if you wanna purchase at even lower than the vwap price.

Maybank seems rebounce this morning, KLCI also in uptreand

Reinvestment price per unit was RM7.20 IIRC. Not sure if the stock value will dip below this. Personally I hope it doesn't because I'm sitting on an average cost of RM8.25 per unit.

If the reinvestment is not having odd lot, one of alternative is getting the reinvestment share at RM7.25 and sell off at current market price at Rm7.6x, you instantly earn extra Rm0.40 per share, compared to all cash dividend.

er i think not 0.40, cos u will forfeit your dividend of 0.20, n top up 7.25 to get the share.

so actual profit should be 0.20 if sell at 7.6x. correct me if wrong

You use the DRIP portion of dividend to buy share at RM7.25, and sell off at RM7.65, you gain RM0.40 per share.

How much the DRIP is irrelevant how much gain per share.

Went to Souled Out Bangsar South for meeting ytday
After meeting, deliver DRP for Maybank on behalf of fren at Vertical Biz Suite
Surprised to saw a lot of white envelopes bearing Maybank inside the transparent big box
I presume a lot of shareholders decided to choose DRP instead of cash in view of the present multi low share price

why the price keeps dropping???

regret buying at RM8....

shit stock. bought 2 yrs ago with rm9. something wrong with the company

Banks that have exposure to O&G generally are more and less being hit with a higher bad debt provision, including some overseas banks.

Share price may still be under pressure for sometimes until there is light in the tunnel about provision stablising aka earning figure become more stablise.

They have just paid interim Dividend of RM0.20 on 25/10 via Cash or DRP
Thus, your weighted average cost shld have decrease