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 MayBank shareholder Group

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HereToLearn
post Nov 30 2020, 09:27 PM

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QUOTE(hc7840 @ Nov 30 2020, 09:20 PM)
Because Maybank drop. Mood no good
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console.gif Sorry bro. I will talk to you next time when it rebounds.

We are in the recovery rotational play (you can see that the analysts are upgrading the TPs for the banking sector), should have no problem to go up, just need some time.
If you are in it for long term, you can take it as opportunity to buy more thumbsup.gif

I am expecting the TPs for banks counters will be raised a little by a little at least until end of 2021, because the projected FY2022 NP is even greater than projected FY2021 NP

This post has been edited by HereToLearn: Nov 30 2020, 09:31 PM
HereToLearn
post Nov 30 2020, 10:25 PM

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QUOTE(Cubalagi @ Nov 30 2020, 08:50 PM)
If EPF selling why RHB didn't drop?

My take is today is last day of Nov. Meaning it's Msci rebalancing day. Chances are some large ETFs are selling the large cap banks, PBB. Maybank, Cimb because of change to EM index. In other years, domestic insti will sapu, but maybe the recent strong price run up makes them reluctant to sapu. Also absence of short sell perhaps make the drop worse this year.

N This is short term effect only.
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Bro, you were right.

https://www.theedgemarkets.com/article/publ...hit-msci-review

AthrunIJ
post Dec 1 2020, 08:03 AM

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QUOTE(HereToLearn @ Nov 30 2020, 10:25 PM)
👀👀👀, more drop to be expected when epf dump more I suppose.

Let's wait? 🤤🤤
zstan
post Dec 1 2020, 09:07 AM

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QUOTE(AthrunIJ @ Dec 1 2020, 08:03 AM)
👀👀👀, more drop to be expected when epf dump more I suppose.

Let's wait? 🤤🤤
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flly back up liao lor
ozak
post Dec 1 2020, 09:24 AM

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Damn. If yesterday sapu and today can dump already. Profit.
AthrunIJ
post Dec 1 2020, 09:31 AM

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QUOTE(zstan @ Dec 1 2020, 09:07 AM)
flly back up liao lor
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😭😢😢
HereToLearn
post Dec 1 2020, 10:06 AM

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QUOTE(hc7840 @ Nov 30 2020, 09:20 PM)
Because Maybank drop. Mood no good
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V-shaped rebound for KL Finance Index drool.gif. Local Institutions are with this boat with us flex.gif
HereToLearn
post Dec 1 2020, 11:57 AM

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QUOTE(hc7840 @ Nov 30 2020, 09:20 PM)
Because Maybank drop. Mood no good
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Today rebound just erased the losses yesterday. I hope you are happy bro rclxm9.gif.

And really, dont have to worry, the local institutions are backing the finance index. Just pray you have the chance to get at dips if you havent have enough positions in the financial sector.

Standing firm in my belief to hold fundamentally good and cheap finance counters at least until end of 2021

This post has been edited by HereToLearn: Dec 1 2020, 12:08 PM
voyage23
post Dec 1 2020, 12:04 PM

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QUOTE(zstan @ Dec 1 2020, 09:07 AM)
flly back up liao lor
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Haha you only come out when banks come up 😂 anyway yay for banks holders!
zstan
post Dec 1 2020, 12:29 PM

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QUOTE(voyage23 @ Dec 1 2020, 12:04 PM)
Haha you only come out when banks come up 😂 anyway yay for banks holders!
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Because I'm an investor not a swing trader. laugh.gif

Up and down is part of parcel of investing
voyage23
post Dec 1 2020, 01:06 PM

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QUOTE(HereToLearn @ Dec 1 2020, 10:06 AM)
V-shaped rebound for KL Finance Index drool.gif. Local Institutions are with this boat with us flex.gif
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Your BIMB on steroids today!
HereToLearn
post Dec 1 2020, 01:19 PM

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QUOTE(voyage23 @ Dec 1 2020, 01:06 PM)
Your BIMB on steroids today!
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Thanks, just sharing another cheaper MBB alternative similar to MBB for those who have missed the MBB bull thumbsup.gif

BIMB is a cheaper alternative laggard because it is not a hot stock sweat.gif, but its fundamentals are on par with MBB flex.gif
HereToLearn
post Dec 1 2020, 01:22 PM

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QUOTE(voyage23 @ Dec 1 2020, 01:06 PM)
Your BIMB on steroids today!
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Just checked, where got on steroids. Same % increase as MBB only
ZeneticX
post Dec 1 2020, 01:53 PM

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anyone know how to register for Maybank's DRP (dividend reinvestment plan) ?

visited the website but don't seem to have any info for registering or opting in

https://www.maybank.com/en/investor-relatio...tment-plan.page?
Cubalagi
post Dec 1 2020, 02:52 PM

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QUOTE(ZeneticX @ Dec 1 2020, 01:53 PM)
anyone know how to register for Maybank's DRP (dividend reinvestment plan) ?

visited the website but don't seem to have any info for registering or opting in

https://www.maybank.com/en/investor-relatio...tment-plan.page?
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I don't think they have opened DRIP for this year. Didn't see anything so far.
ZeneticX
post Dec 1 2020, 02:53 PM

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QUOTE(Cubalagi @ Dec 1 2020, 02:52 PM)
I don't think they have opened DRIP for this year. Didn't see anything so far.
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opened last week

https://www.maybank.com/en/investor-relatio...urrent_DRP.page?
Cubalagi
post Dec 1 2020, 02:59 PM

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QUOTE(ZeneticX @ Dec 1 2020, 02:53 PM)
Ah.. I see, I missed that announcement. Still no details though. I guess just be on look out for it.

This post has been edited by Cubalagi: Dec 1 2020, 02:59 PM
voyage23
post Dec 1 2020, 04:20 PM

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QUOTE(HereToLearn @ Dec 1 2020, 01:22 PM)
Just checked, where got on steroids. Same % increase as MBB only
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Almost at 6% now! Charging ahead of the bigger banks
tehoice
post Dec 1 2020, 04:58 PM

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QUOTE(ZeneticX @ Dec 1 2020, 01:53 PM)
anyone know how to register for Maybank's DRP (dividend reinvestment plan) ?

visited the website but don't seem to have any info for registering or opting in

https://www.maybank.com/en/investor-relatio...tment-plan.page?
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they are getting the relevant approvals.
what is there to open or register?

you will get a form when they despatch the notice to you, believed that your max entitlement has already been pre-determined for you, or you can fill the alternative number you want (subject to not more than your max entitlement), maybe some would want some odd number to turn their odd lot into a board lot and receive balance in cash.

after you fill the form, buy a bankers' cheque or something equivalent for the amount of nominal stamp duty, hand it over to the share reg, they will do the rest.

then sit back and wait for your shares to be credited to your CDS account on the pre-determined day.
rocketm
post Dec 1 2020, 05:20 PM

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QUOTE(tehoice @ Dec 1 2020, 05:58 PM)
they are getting the relevant approvals.
what is there to open or register?

you will get a form when they despatch the notice to you, believed that your max entitlement has already been pre-determined for you, or you can fill the alternative number you want (subject to not more than your max entitlement), maybe some would want some odd number to turn their odd lot into a board lot and receive balance in cash.

after you fill the form, buy a bankers' cheque or something equivalent for the amount of nominal stamp duty, hand it over to the share reg, they will do the rest.

then sit back and wait for your shares to be credited to your CDS account on the pre-determined day.
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Is it an optional for the DRP? Best to get it or get cash dividend?

My brokerage account still have no news about it yet. I am using Rakuten.

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