Mind to explain or where I should refer this information.

Now I understand the issue right had no meaning as it do not generate any profit to share holder. Check my calculation below

Main share    4.20 1000 4200
Issue Right    2.74 450 1233
After Pro-rate 3.75 1450 5433

That reminds of a local story of a Chinese family.

Those days when a Chinese has 4 children, commonly when the children grow and they would contribute partly back and support the family in return .

But today or in future , mostly changed. My brother in law has to send the children to U. Still finance them with cars when they come out to work. Contribute a lot when they buy houses. And now still giving out when they have grand children.

So right issue is something a burden ( like having more children ), but the earnings of parents ( or Maybank) remains almost the same. Maybank still has to look after the cashflow of their Indo banks , right. Mostly outflows than inflows.

More of a liability than asset .

Correct me if I am wrong.

Guys, any idea why I haven't received the subscription form until now? I hold a direct account, so the form should be posted to me.

Hmm..3.82..52 weeks low at 3.7...good buy or not ? can it double in 2 years ?

If send by Emails, do not need postman, maybe postmaster.

Still can sell without form, just call your stock broker.

I have 2000 units of Maybank, so by right I am entitled for the 900 units right offer...can I contact my trader to buy the 900 at 2.74 and sell at the market rate ? I don't mind not averaging down my purchase price cause I am keeping this for the long term and I should be able to earn about 1k from the rights offer.

May I know what is this Maybank-OR . Am I suppose to use this counter instead for the 900 rights offer?

http://www.theedgemalaysia.com/business-ne...arly-trade.html

dun know wat u all talking bout just play stock not long ago
but i wanted to know that is that this OR have limited period?

Maybank-OR is the rights that are traded in the open market. If you were holding maybank shares prior to this, you would have the rights to buy the rights issue. If you did't want to buy the rights issue, you can try to sell your rights issue on the open market. The selling/trading of the rights issue is the Maybank-OR.
Yup. 1 week trading period. Those that hold maybank shares and have the rights to buy the rights issue would have 3 choices:
1) Take up the rights
2) Sell the rights in the open market (that means sell the Maybank-OR on the open market)
3) Don't take up the rights (which is NOT recommended!)

Edit : @htt - wah! You also wake up so early aaa..... me sooooo sleepy..... 

Will place the queue to sell the 900 units at the Maybank-OR to lock it down...

Ex-date of right issue is 31 March...

1k purchased long time back and another 1k was purchased on 30-Mar-2009. Should be entitled right ?

Am I the only one who haven't received subcription form until now? 

Hi. i bought 2 units of Maybank-OR last week and it stop trading today. Can anyone enlighten me if i can still convert these 2 units to the Maybank share ? When is the last day for me to convert these ? Thank you

ok, their report is out... when will they going to pay interim?
wait so long oledi

Maybank's impairment write off is estimated to be about 700m to 800m in this Q. NPL provision could be also higher depending on the economy.

Maybank also has  hgher borrowings ( higher interest expense compared to before )

And their foreign banks do not contribute much to their profits.

Next Q results could be ugly.

Correct me if i am wrong.

So, how long need to wait ? Another Q (3months) ?

The rumour is about BNM wants to change the Maybank director board, something to do with BII acquisition? Previously BNM did block the deal, but eventually went through.

Don't know how true it is.

Any idea whether it is good or bad ?

  hehehehe

I don't think there will be too many SELL calls, mainly because it is just a one-off thing. Granted the value has dropped but there is still value in the group. As long as they can prove to their investors that the BII acquisition added some future value to the group.

Money raised from the right issues won't affect profit or loss.

Just money raised could potential save some interest incurred on borrowing side.

No one is paying attention to the Bad loans ?

Other Banks are reporting some dropping on bad loans, Maybank is reporting much more.

Maybe its size justifies more bad loans