12 Sept u will know

Below 8.70 now.. Damn Trump..

Yes u should, but don't just buy blindly.

My view earlier.. Now Fed has cut 25 bps.

He is playing a dangerous game..

I think he want to push Fed into a corner and force them to cut more interest rates, which is now a possibility as early as next month.

This post has been edited by Cubalagi: Aug 3 2019, 12:12 PM

RM1.6b worst case for total write off.

https://www.thestar.com.my/business/busines...nk-shares-down/

Yes I think about that as the have provided for RM300+ million last year.

I think priced in already. Maybank has dropped a lot si ce last year high of RM10+..

Wah.. Hit RM8. 60. Now hv to get ready ammo to top up.

Hong Leong IB now sees a potential 25 bps cut by BNM in November.

https://www.theedgemarkets.com/article/hlib...west-march-2011

This post has been edited by Cubalagi: Aug 5 2019, 05:41 PM

Closed at RM8. 58...

Wow... Sudah touch 8.50 today..

GDP still looking solid.. So I don't think there will be a BNM OPR cut next month.

https://www.thestar.com.my/business/busines...ace-of-49-in-q2

Buy... 😅

Haha.. Well done.. I think..or hope...😅

Im on holidays.. But next week if it stays this low I will sapu... Can't tahan already..

If drop to 8 cancel order to 7.50.

I'm looking out today for Maybank 1H/2Q results. Let's see iif the results are as bad as the price action indicates. Also inter divvy...$$$.

Financial results for 2Q should be out this afternoon. Good, bad or worse? Stock price indicate market expect bad as price has continued to decline. Analyst will be studying. We can also study..

It will also be the time they announce the interim dividends. Last year was 25 sen.

Not mentioned, but divvy announcement full details not out yet.

Results within my expectation. Better results than 1Q even with BNM cut in May. 1H19 earnings down 3.8% compared to 1H18. That's not bad. They dropped their 2019 ROE target to 10-10.5% vs earlier target of 11% on lower interest rate n slowing economic growth.

Topped up today at 8.55..

This post has been edited by Cubalagi: Aug 29 2019, 02:42 PM

If it's still below ur average price and u still have room for it in ur portfolio.. why not?

On interest rate, it depends on the economy and for us most important is BNM rate. I think BNM will stay put next month.

My view: no rate cut in September by BNM, but possible rate cut in November depending on US Fed. If Fed is very aggressive with a 50 bps cut or more, then BNM will be under pressure to cut rate.

I'm expecting MYR to rebound this month (no rate cut by BNM n cut by Fed will do that)..

This post has been edited by Cubalagi: Sep 1 2019, 03:42 PM