Next dates to watch out for in terms of interest rates.

Fed FOMC Meeting : 30 Oct 19. Market expectation is still high that Fed will make another 25bp cut.

Followed by BNM last MPC meeting of the year on 5 Nov where BNM will decide to hold or cut the OPR.

Thanks for sharing.

Will be waiting for the news...

Looks like a Fed cut is coming. US market is now betting 91.4% of a Fed cut end of this month. N so far the Fed has not dissapointed the market.

Q then is will BNM follow on 5 Nov? Unfortunately in Malaysia we don't hv similar indicators like US. But today I see MY banks dropped n m-reits up.. Signs our market also thinks a cut is coming?

Fed has cut rate again as expected and they are expected to pause now.

Since my last post, Banks r up, bonds n reits down and MYR appear to strengthen. All pointing to no rate cut by BNM next week.

Maybank now 8.60..buy..😆

This post has been edited by Cubalagi: Oct 31 2019, 01:25 PM

waiting at RM 8.

Wah 8. If no cut next week, more likely to hit 9..haha..

Keep waiting...
Should buy batch by batch previously 👍

queue at 8.40. But no money to buyyyy TT

It's better to buy a bit first at current price, because it is very unlikely that the price could go down too low from this point. Even with a small cut in interest rate, the effect would be too minor to dent the price to drop more than 5%.
I am confident that Maybank would still be able to maintain its dividend rate at 0.55 for the coming year, thus supporting its price at current 8.60 - 8.80 level (6.40 - 6.25% yield).
The strong yield itself is already a very good reason to buy into Maybank.

As for the hope for Maybank to reach RM8, that is kind of a joke la unless one isn't really serious about investing into Maybank. Like another one guy in our forum who will only wait and wait for the price to hit his TP, it is just a wait while those who have entered would have been receiving dividends. Always remember that we can still average down when the opportunity arises, but once the boat leaves the harbour, no point to cry and complain that you should have bought earlier.

I have been averaging down a few batches but now my average cost is still 9.00, but I don't mind that much as I know I am still getting above 6% dividend.

I have been accumulating too. My average cost is a nice 8.88. So it's negative 3+%.

Im expecting final dividend in May next year to be at least 30 sen.

I started late in Maybank, having bought my first batch at 9.65. Still working to pare it down a little, perhaps after the BNM meeting is a good time to buy more.
I'm expecting to bring the average down to a more manageable average cost of around 8.8x before the end of 2019.

mine is 8.851 including all the fees.

Not inclusive of fees is about 8.90 here, oh well, seems like we are all on the same ship. The only upside is the dividend seems to be consistent

Well, if dividend same as ASB, I happy already. Capital upside is "bonus".

This post has been edited by Cubalagi: Nov 5 2019, 01:27 AM

what percentage of your investment that you're satisfied with this return rate?

Seems like u guys average entry cost almost similar with me.. around 8.xx too...

All bought batch by batch huh 😁🤑

I guess like many here too, my Maybank average price is now at 8.80, been buying batch by batch 6 months ago

Noob question here, but whats your minimum units purchased each transactions (to utilize the brokerage fee)? i suppose most of the people here uses Maybank Trade? (Or not)

Total portfolio including the cash portion.

Many said OPR maintain & cut only would happen in Q1 2020 😒