Just do nothing...

ic.. thanks htt

MBB just done with a private placement... raising RM3b+... for what purpose? I think the Basel III things are bullshit... Got prawn? Lobster or rotten crab?

EPS will be diluted

If they can use that proceed wisely e.g buying the Thai bank at reasonable price, I don't see short term dilution shall weigh in. Think we have to watch the development of the posible acquisition, CIMB & OCBC might not like the idea of letting MBB bought that cheap...

Maybank sells 9% stake of PT Bank International Indonesia

Malayan Banking Bhd sold a 9% stake in PT Bank International Indonesia Tbk (BII) to a third party under the sell-down requirement set by Otoritas Jasa Keuangan (OJK) of Indonesia.

Maybank said on Thursday the disposal of 5.06 million shares resulted in the free float increasing from 2.7% to 11.7%.

"The disposal was completed on June 19, 2013. The group has also entered into a commercial arrangement where the economic exposure resulting from the disposal is being retained. Hence, the disposal will not result in any material financial impact to the group," it said.

Maybank added the mandatory sell down requirements seek to achieve a 20% public float in BII.

"Maybank is applying for an extension to comply with the sell down requirement to OJK in respect of the remaining 8.3% stake in BII," it added.

Interim cash dividend in respect of the financial year ending 31 December 2013 of 22.5 sen per ordinary share of RM1.00 each in Maybank

EX-date 24/09/2013
Entitlement date 26/09/2013
Payment date 25/10/2013

Maybank...no ppl interested here?

very expensive la, about RM10 per share weh... 1k shares of a board lot is already 10k...

Hello, now u can buy in lots of 100 shares lar

And yielding 5%, now bad wat?

some people still love to buy 1000 shares

It's all relative

if penny stocks of course u buy loads

if big price stocks u buy little lots

when u talk dividends, u always see % mar...

ya i know, but buying 100 shares, probably i'll lose more in terms of brokerage fee la... must gain a lot from capital appreciate to cover the minimum brokerage fee... dividend yield aside, I don't really see point of buying 100 shares, except for those really humongous ones like bat,nestle,dutch lady and etc.

Brokerage is ALSO RELATIVE lar

u buy XX lot of 100 shares for RM10,000, brokerage RMX
u buy X lot of of 1,000 shares for RM10,000, brokerage ALSO RMX

No difference okay...

That's what I was trying to say...see VALUE, not no. of shares/lots...

This post has been edited by Pink Spider: Sep 25 2013, 04:59 PM

Okay, I understand

I think I’m not clear enough on what I’m trying to say.

Let’s say you set to sell after certain % appreciation.

You buy,

A share - RM0.10 x 100 shares = RM10
- Brokerage fee at least RM8, stamp duty RM1, clearing fee negligible.
- So total about RM19 spent for 100 A shares.

Say, you sell the share at RM0.20 (100% capital appreciation).
Brokerage fee at least RM8, stamp duty RM1, clearing fee negligible.

So you get back = RM11 for the sell. Paid RM19, get back RM11 = still at loss of 8 bucks.

Make no sense to buy 100 shares here isn’t it? It would be different if you are buying 100 BAT shares. Brokerage fee applicable to this 100 Bat shares for me is 0.42%, and it would make difference already.

I get what you mean, and I know this is too extreme, but this is what I’m trying to say only.

Let us end the argument here by:

Big price shares = u buy 100 share lot also worthwhile
Small price shares = u buy 100 share lot not worthwhile

Ok?

Back to the original question:

Maybank share is RM10
U buy 3 lots of 100 shares already RM3,000
Assuming min. brokerage of 0.42% like in ur case, it's already RM12.60, above min. of RM8 already, so it's worthwhile. Why need to stretch until 1,000 shares lot size?

S&P rates Maybank’s HK$1.5bil debt notes ‘A-’

Standard & Poor's Ratings Services has assigned its "A-" long-term foreign currency issue rating to Maybank’s HK$1.55bil floating-rate senior unsecured notes.

It said it was also assigning its “cnAA” long-term Greater China regional scale rating to the notes.

“The issue will be a drawdown under the bank's US$5bil multi-currency medium-term notes programme. The three-year notes will constitute direct, unconditional, unsubordinated, and unsecured obligations of Maybank.

“They will rank equal with the bank's other unsecured and unsubordinated obligations, and without any preference among themselves," S&P said.

Sorry, I just double checked, my rate is either 8 or 0.01%, my bad. So its still not so worthwhile for me.

And on top of that, if you sell at small capital appreciation, 100 shares won't give you much of profits. That's what I'm trying to emphasise. No feel. But I know percentage wise, is the same isn't it.