hrmm prolly gonna wait till this counter's cheaper to invest...

Based on 10-year historical Price Earnings and Price to Book ratios, I would argue Maybank is already cheap.

owh not cheap for a starter like me wif not much extra to invest

I bought some today at 8.90

Price now is like half the price of a glass of Starbucks Frapucinno.. I'm sure can afford if u want. U get to own biggest Malaysian bank n No. 4 in Asean. .

Or u want to wait for price like mamak sirap ais? 😆

This post has been edited by Cubalagi: Jul 12 2019, 05:04 PM

You can never go wrong with Maybank or CIMB. I deal with many people age 18-23 and have to bank in money for them.

Based on statistics I will say that:
55% use Maybank
35% use CIMB
10% use others like Public bank, Hong Leong and Bank Islam

U know can buy 100 shares right??
No more minimum 1000 shares...

Why banking stocks are not going anywhere?

economy sluggish?

Ya economy, in particular:

1. Slow loan growth
- rakyat neck deep in hutang already. Can't borrow much more coz salary stagnate.
- PH gomen damn slow to move to pump economy with big projects. Talk cock on-stop.
- Property market slowdown
- external factors causing business uncertainty (trade war)

2 Net Interest Margin compression due to Bnm OPR cut in May. This is the spread between loan interest n deposit interest. Will need a few months to regularize, as old FD matures and replaced with lower interest FDs. Risk of another possible rate cut later this year if economy continue to be sluggish, causing another round of NIM compression.

3. Low growth of fee based income due to KLSE sad performance. Brokerage down, no big IPOs, no big sukuk issuance etc.

So not very exiting as it is...but things can turn around. If PH gomen gets their act together, if global economy stablize..etc.

Or it can get worse also.. The good thing here is that Maybank is pretty solid financial wise to sustain bad times.

This post has been edited by Cubalagi: Jul 14 2019, 01:21 PM

lool ada mamak sirap ais price even better..maybe its a good idea to buy a 100 each month..


thank god for that...ifnot i cannot afford it in a million years

I hope it falls below RM8.75 so can buy more

So what u waiting for...
Buy now 😁👍

Any stock u buy, u have to watch out for minimum brokerage.
Rather than 100 shares a month, maybe better 600 shares every 6 months.

Just enter maybank for dividend yield (replace FD) and maybe agm door gift lol

tht's a good idea..was enamoured by this notion tht a noob can start investing with like a minimum amount eg RM1000,but later i find out abt minimum brokerage =( need at least 8k to make good...

any idea how ot calc d yield vs investment?

Dividend last year / stock price

Maybank 2018 dividends : RM0. 57
Price: RM8.90 (lowest today morning session)

Dy: 6.4%

Of course, dividend this year is not yet known. No guarantee that it will be 57 sen.

But past 5 years their payout has always been above 50 sen with average of 55 Sen.

2018: 57 sen
2017: 55 sen
2016: 52 sen
2015: 54 sen
2014: 57 sen

This post has been edited by Cubalagi: Jul 15 2019, 02:26 PM

yay..more morivation to save n buy maybank stocks

as long as the dividend yield plus capital gain are better than amanah saham around 10%, then I'm happy.

No doubt it's one of the few stocks to collect especially when there is a crash.

Maybank is the biggest in Malaysia with some foreign exposure here & there..

So if the price do drop like unreasonable level.. time to collect them out 🎉💪