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 MayBank shareholder Group

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cklimm
post Dec 22 2020, 06:05 PM

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Mind you guys that the DRP subscription needs RM10 hasil stamp ya
HumbleBF
post Dec 22 2020, 07:49 PM

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QUOTE(cklimm @ Dec 22 2020, 06:05 PM)
Mind you guys that the DRP subscription needs RM10 hasil stamp ya
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Yeah, I'm entitled for too less..guess I'll skip this round....
donhay
post Dec 22 2020, 08:41 PM

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I got mine : Maximum number of new Maybank Shares available for Reinvestment Option is 189

worth the hassle? or spend on NY and CNY ? tongue.gif
AthrunIJ
post Dec 22 2020, 08:46 PM

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Wait. Even if I do it DRP electronically. I still need to mail it with the Rm10 stamp?
Pewufod
post Dec 22 2020, 08:47 PM

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QUOTE(AthrunIJ @ Dec 22 2020, 08:46 PM)
Wait. Even if I do it DRP electronically. I still need to mail it with the Rm10 stamp?
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nope
but you will have to pay RM10 + RM3 handling fee via tiihonline
k8zw3ll
post Dec 22 2020, 08:58 PM

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the Malaysian Revenue Stamp can be purchased at any Post Office ?
HumbleBF
post Dec 22 2020, 09:17 PM

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QUOTE(donhay @ Dec 22 2020, 08:41 PM)
I got mine : Maximum number of new Maybank Shares available for Reinvestment Option is 189

worth the hassle? or spend on NY and CNY ? tongue.gif
*
Huh got hassle? I don't think is much of a hassle...if I'm entitled as much as you I probably go 100
AthrunIJ
post Dec 22 2020, 09:48 PM

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QUOTE(Pewufod @ Dec 22 2020, 08:47 PM)
nope
but you will have to pay RM10 + RM3 handling fee via tiihonline
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Oh. Thanks for the info. 👍👍
joeblow
post Dec 22 2020, 11:27 PM

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QUOTE(HereToLearn @ Dec 22 2020, 04:45 PM)
About 10% discount from current price. I will take it
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I will wait until 3rd Jan to see the price then decide. Online application should be instant right? The rm10 + rm3 rip off though... 😂
SUSMasterConfucion
post Dec 23 2020, 08:52 AM

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Is it worth to join the dividend reinvestment plan?
tehoice
post Dec 23 2020, 09:52 AM

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QUOTE(cklimm @ Dec 22 2020, 06:05 PM)
Mind you guys that the DRP subscription needs RM10 hasil stamp ya
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nominal 10 bucks nia. damn cheap ady....

imagine if you buy the shares (at market price instead of this discounted price at 7.68 per share).

plus your brokerage fee, clearing fee, stampduty. i bet this is also surely more than RM10.
tehoice
post Dec 23 2020, 09:54 AM

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QUOTE(donhay @ Dec 22 2020, 08:41 PM)
I got mine : Maximum number of new Maybank Shares available for Reinvestment Option is 189

worth the hassle? or spend on NY and CNY ? tongue.gif
*
wow, you have quite a bit of MBB shares there.

if me, i will definitely go ahead.

get the 189 shares at discount then dispose it at market rate later.

so you get your cash (supposedly divi) plus premium from the arbitrage from the subscribed shares.

so you got more angpao to spend on your CNY biggrin.gif
tehoice
post Dec 23 2020, 09:56 AM

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QUOTE(HumbleBF @ Dec 22 2020, 09:17 PM)
Huh got hassle? I don't think is much of a hassle...if I'm entitled as much as you I probably go 100
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if you're a long term investor, i'm talking about 10-20 years. then you should take every of your chance to get all the entitlement, in few years time, you will have quite a substantial number of shares and in value too.
HereToLearn
post Dec 23 2020, 12:12 PM

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user posted image

Boys, if KLFI closes above the 15000 support line with green. Then, it is time to chase for the 5th wave

Again, I would recommend buying the laggards that havent reach pre-covid price for maximum upside with minimum risk.

This post has been edited by HereToLearn: Dec 23 2020, 12:15 PM
HereToLearn
post Dec 23 2020, 03:16 PM

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I hope you boys entered finance counters yesterday, Wave 5 incoming. Pick you horses (finance counters).

Next KLFI resistance 17000.
Possible upside = 17000/15000 = 13%

This post has been edited by HereToLearn: Dec 23 2020, 03:37 PM
joeblow
post Dec 23 2020, 04:14 PM

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QUOTE(HereToLearn @ Dec 23 2020, 03:16 PM)
I hope you boys entered finance counters yesterday, Wave 5 incoming. Pick you horses (finance counters).

Next KLFI resistance 17000.
Possible upside = 17000/15000 = 13%
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I still haven't sold mine. Please let me know in advance when to sell. Thank you. BTW you know Lion Industries and why it gone up so much these few days?
HereToLearn
post Dec 23 2020, 04:27 PM

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QUOTE(joeblow @ Dec 23 2020, 04:14 PM)
I still haven't sold mine. Please let me know in advance when to sell. Thank you. BTW you know Lion Industries and why it gone up so much these few days?
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Steel industry rally, but like OnG rally last time, some rallied, some didnt. Inconsistent across the counters in the same industry.

For Lion, to me, it is too damn high already, can wait for pullback to enter if you want to enter later, and the counter have a lot of -ve eps. I dont like.

For me personally, I rather trade the counters that I am comfortable holding if things turn sour.

This post has been edited by HereToLearn: Dec 23 2020, 04:30 PM
WHITE APPLE
post Dec 23 2020, 04:47 PM

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QUOTE(HereToLearn @ Dec 23 2020, 12:12 PM)
user posted image

Boys, if KLFI closes above the 15000 support line with green. Then, it is time to chase for the 5th wave

Again, I would recommend buying the laggards that havent reach pre-covid price for maximum upside with minimum risk.
*
mind sharing whats in your radar?
HereToLearn
post Dec 23 2020, 04:59 PM

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QUOTE(WHITE APPLE @ Dec 23 2020, 04:47 PM)
mind sharing whats in your radar?
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The ones that havent reach back pre-covid price thumbsup.gif

Boys, whatever you do, dont chase if TOO high, just queue low and buy. Next year outlook for banks for be bright.

This post has been edited by HereToLearn: Dec 23 2020, 05:43 PM
greyPJ
post Dec 23 2020, 05:00 PM

artificially stupid
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QUOTE(WHITE APPLE @ Dec 23 2020, 04:47 PM)
mind sharing whats in your radar?
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cimb

23% to precovid price.

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