Woulda, coulda, shoulda..

Tomorrow is BNM MPC meeting, some analysts are expecting another 0.25 interest rate cut.

kutip more

Buy Buy Buy mode on?

added never ending political turmoil to the mix

Ling term wise maybank is solid. High net profit and good dividend.

Well it's top bank in Malaysia..
In term of customers & assets...
So it's kinda hard to goes bust (but never say never. Endless possibilities yo)

Actually hl bank and pbb perhaps a good time to accumulate some too? Hit their 1 year low

Another 25 bps cut

https://www.thestar.com.my/business/busines...-by-25bps-to-25

Hopefully this is the last this year.

Huhuhuhu..
Another rate cut soooooo soon....
Damn.. I think something really cooking...
Normally BNM won't cut like this so near...

Cut already , I think
https://www.bnm.gov.my/index.php?ch=en_pres...ac=5007&lang=en

Yes.i know...

Really surprised me actually..
BNM normally don't do like this..
Thus my speculation something big is cooking....
Would bust anytime soon 😋

that's because you don't get political crisis and a pandemic happening both together on top of a shitty economy for the past 2 years

too bad no more bullet to buy Maybank shares if it drops to 8.15 levels like yesterday

can we expect it to drop below RM8 if global correction comes again?

triple deadly mixture

expect another sales for Maybank

i doubt it. when it dropped to 8.14 yesterday confirm KWSP sapu damn a lot a lot of shares.

next week or so we shall know if EPF sapu-ed or not..
from the bursa announcement

Am i missing out something? why are the local bank stocks going up?

Aren't they suppose to go down in proportionate to BNM 25bps OPR cut and US Fed emergency 50bps cut?

This is very unusual to me @_@

+1

Lately with so little foreign fund participation, bursa movement has been really weird.

I just hope it return to some fundamental logic soon.

Even with a possible 100m impairment it is still moving up.

When the rate goes down. The deposit rate also go down. Dont think bank get affected.

On the other hand, people who love savings now find that savings is not good cause lower deposit interest rate, hence decided to take out money and buy shares... buy what type of shares? Typical average joe will buy bank shares...