Current trend seems it not going down anymore. Good profit and stable government

the time i started into shares, all sifus advised newbies should not look at bank industry yet cos pandemic, everyday looking at RM7 and below,
not dare to touch cos still new n learning.. then vaccine news came out, no more chance.. sigh..

Banks are long term holdings because of stable dividends not buying based on speculative and growth

If you can you buy lower than average price why bother go listen to those so called sifus and learn

lucky me.. I bought Maybank last Nov @ 7.0 and still holding now.

I bought MBB for long term and dividend but doesn't matter to me.
Right now, it is dropping so you may consider.

bcos i was still new and learning, not really understand yet..

yield should be around 10% ehhhh. naisu.

best to learn more yourself first by using the internet. don't listen to those retarded self proclaimed guru/sifu.

is it worth the DRP at 7.80?

Depending on the current share price and dividend received, it may be that the "benefits" are not high to do the DRP. Or indeed the cost may be larger compared to if you just buy the share as normal.

The cost of doing DRP is rm13. I think my paper gain from doing DRP is only rm20 ish. Nett gain around rm7 to8. This number based on last friday closing price of rm8.10. If anything lesser... buying the new shares on own is cheaper

Buying new shares will be rm8 for me via hlebroking.

But this really depends on the persons's holdings quantity. If i have more shares, the answer would have been a good yes. Because the cost is still fixed to rn13

Im using rakuten trade, and on maybank website the DRP price is RM7.80 per unit but when i re-calculate back in Rakutan trade the price is RM8.00.... anyone know whats is the reason? Apparently Rakutan does not charge admin fees for corporate action.... so im wondering what r the fees involved?

My best guess is that your drp electable portion of the dividend is not sufficient for flat number of shares and it got rounded down, eg RM80 dividend/RM7.80 = 10.25... shares, round down to 10 shares
You will receive the remainder in cash

u r spot on ! thanks

Hi guys, newbie here. Wana ask, for DRP in Rakuten, I heard that there are no charges is it?

Yeap

may i know what do you mean by "the cost of doing DRP is rm13"? is it the charges of applying DRP?

stamp duty + tax bah......
i think so....

RM10.00 - Stamp Duty
RM3.00 - Service Charge (when you subscribe and pay online via share registrar).

Nice to be shareholder with all of you.

i see.. I'm using Rakuten Trade, which got no charges on that. Dont know there are charges, lol..

Friendly reminder: today last day to opt in for the DRP ya guys.