Neelofa

and may I know your entry cost

rm8 coming soon near u

anything can happen..

Endless Possibilities

u mean banks goes bust?

so your avg cost is 9.30 vs 8.29 currently .

paper loss of rm1.01/share currently

maybe could go even lower..

EPF also are selling big & same time buying small

8.50 vs 8.29

dead cat bounce?

closed @ 8.78 (+0.21)

local funds buying?

MALAYSIA’S largest banking group, Malayan Banking Bhd, is looking at listing its insurance and takaful arm under the Etiqa brand, say sources.

The catch is that Etiqa will have to maintain its earnings growth momentum next year, at a time when the market is slowing down and insurers are grappling with de-tariffication, which is eroding margins.

Nonetheless, Etiqa would be the single largest listed insurer worth at least RM10 billion if it can go public with its RM5.07 billion in net assets as at Sept 30. Currently, the largest listed insurance company on Bursa Malaysia is LPI Capital Bhd.

LPI leverages Public Bank Bhd’s network, much like Etiqa does Maybank’s.

Based on LPI’s valuation, Etiqa — with its wider offerings — could boast a market capitalisation anywhere upwards of RM12 billion, say sources.

Currently, LPI has the largest market capitalisation (RM3.89 billion), followed by Allianz Malaysia Bhd (RM1.99 billion) and Syarikat Takaful Malaysia (RM1.74 billion).

and u can see the new CEO of doing some "damage control" by doing some "marketing"..

hint: The Star & NST biz section

Final single-tier cash dividend of RM0.33 per ordinary share
EX-date 23/04/2015
Payment date 26/05/2015



This post has been edited by nexona88: Apr 13 2015, 04:56 PM

Maybank sells Papua New Guinea operations
http://www.thestar.com.my/Business/Busines...ions/?style=biz


lol didn't know Maybank have branch in PNG

Maybank to closed or relocated around 40 branches in next 2 years time.

Each branch closure will save the bank around rm2.5 mil depending on location.

The move is to have cost-to-income ratio to 30% by 2018 from 48% currently which is on par with Public Bank.

Staff won't be retrench because they would be redeploy to others department within the Maybank Group

~NST~

Malayan Banking Bhd (Maybank), saw its Indonesian outfit PT Bank Maybank Indonesia Tbk's net profit for the nine months ended Sept 30, 2015 (9MFY15) surge by 70.7% to Rp592 billion, from Rp347 billion in 9MFY14.

The strong performance was achieved on the back of improved net interest income (NII), better net interest margin (NIM), higher fee-based income, solid growth on liquidity — especially in current accounts, and outstanding achievement in syariah banking.

http://www.theedgemarkets.com/my/article/m...?type=Corporate

Malayan Banking Bhd (Maybank) has set up a US commercial paper (CP) programme of up to US$500mil (RM2.1bil) in nominal value.

The notes will be offered and sold in privately negotiated transactions exempt from the registration requirements of the US Securities Act of 1933 based on Section 3(a)(2) that provides such exemption for any security issued or guaranteed by a bank.

http://www.thestar.com.my/Business/Busines...amme/?style=biz

Final single-tier cash dividend of RM0.30 per ordinary share

EX-date 04 May 2016
Entitlement date 06 May 2016
Payment date 03 Jun 2016