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 MayBank shareholder Group

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moosset
post Apr 8 2020, 02:40 PM

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QUOTE(cherroy @ Apr 8 2020, 02:32 PM)
Whether adjust the opening price or not, actually it does not matter.

SGX doesn't adopt price adjustment, but market will automatically adjust itself.
Today 8.00 cum dividend 40 cents.
Then next day ex-div time, buyer mostly may Q at 7.60 only, and likehood to start trade at 7.60.

Market will adjust itself whether there is opening price adjustment or not.

Then how the share price 7.60 up or down forwards, it depends on market movement.
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ooohhhh ..... I didnt' know SGX doesn't do this. shocking.gif

I'm surprised that the SGX market is so efficient.
moosset
post Apr 8 2020, 02:58 PM

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I'm looking at their dividend history. Why is there a FP2011 instead of the normal FY every year?

https://www.maybank.com/en/investor-relatio...nd-history.page?
moosset
post Apr 8 2020, 04:40 PM

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QUOTE(cherroy @ Apr 8 2020, 03:15 PM)

An undervalued stock can remain undervalued forever, due to stringy management that doesn't reward their shareholders (may be except Berkshire which is niche or out of ordinary).
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actually, how does the share buyback work?
If a company declares share buyback, the share price will go up, but how does it benefit shareholders if you don't sell your shares?

and for how long will the price stay at that price during a share buyback?

QUOTE(cherroy @ Apr 8 2020, 03:15 PM)
Just like during kids time, parent tell me to keep my saved money in joint saving passbook, but I can only see the passbook figure grew, but I never have the passbook nor can access it.  laugh.gif
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QUOTE(zstan @ Apr 8 2020, 04:18 PM)
good point. i've yet to see where all my angpau money went. My degree fees perhaps.
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It could be worse! The savings could be recycled as angpao money to you every year. tongue.gif
moosset
post Apr 9 2020, 07:38 PM

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QUOTE(zstan @ Apr 9 2020, 04:54 PM)
7.9. minus 39 cents. 7.51. Will it maintain or drop or increase? hmm.gif
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so tomorrow can queue at RM7.51 and it will rise, just in time to catch some profit?
moosset
post Apr 10 2020, 03:13 PM

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QUOTE(zstan @ Apr 10 2020, 09:01 AM)
7.45 now faster buy tongue.gif
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later MCO extended, moratorium extend, BNM cut rates, maybe can reach RM7. tongue.gif
moosset
post Apr 10 2020, 03:25 PM

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QUOTE(Yggdrasil @ Apr 10 2020, 10:37 AM)
Benefits of buybacks? If the management feels they need money in future or their share is overvalued, they can sell back to the open market and get back money.
Let's say Sunway's share price is RM1.50 and the management feels it's undervalued so they purchase 1,000,000 @ RM1.50 paying RM1,500,000.
Few years later when economy improves, share price goes up to RM1.80. The management then sells 1,000,000 @ RM1.80 receiving RM1,800,000.
By doing this, Sunway gains RM300,000.

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but how long does the buyback last?

say they buyback Sunway, but how long does the price stay high? and if you don't sell, how do you make profit from this buyback?
moosset
post Apr 26 2020, 03:28 PM

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QUOTE(nexona88 @ Apr 26 2020, 10:15 AM)
Some mentioned about 50pts rate cut by BNM at next meeting 🤔
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when is the next meeting?
moosset
post Apr 26 2020, 05:15 PM

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QUOTE(Cubalagi @ Apr 26 2020, 03:34 PM)
is that in the evening, after trading hours?
moosset
post May 6 2020, 10:04 AM

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prices didn't drop after OPR cut. sad.gif
moosset
post May 6 2020, 10:24 AM

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QUOTE(cucubud @ May 6 2020, 10:15 AM)
Disappointed on the missed opportunity?
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there was no opportunity to be missed. Was hoping to buy at RM 7 or less. sad.gif

but it seems the market has already priced in 50bps OPR cut.
moosset
post May 6 2020, 10:51 AM

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QUOTE(adele123 @ May 6 2020, 10:38 AM)
where were you during March? biggrin.gif

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only bought some in march around RM 7.40 ....... but didn't buy much.

Prices also didn't drop to RM7. sad.gif
moosset
post May 6 2020, 03:28 PM

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QUOTE(Jordy @ May 6 2020, 12:13 PM)
Still can buy back at around RM7.40, why do you need RM7 so badly? If you are a long term investor with confidence in MBB, RM7 or RM7.40 also will be the same.
My average cost is still RM8.50, even if MBB pays 47 cents in dividend for FY20 (my projection), I would still yield 5.5% (2% higher than inflation projection).
Your cost of RM7.40 would still be yielding 6.35%, so why worry?
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no particular reason, simply a price I'm willing to pay.

I've hold MBB for years. With the last minor purchase, my average price is around RM 8.50. Want to bring down my average price more.
OPR was the ray of hope that I had but didn't have any effect.

QUOTE(Cubalagi @ May 6 2020, 02:35 PM)
I saw dividend already in my bank account. What u guys do with the Maybank dividend? Spend, keep in savings account, invest more shares?
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of course reinvest lo ....
moosset
post May 6 2020, 09:24 PM

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wait, 1 lot means 1000 shares or 100 shares?

I think it's 100 shares but other ppl may think differently.
moosset
post May 6 2020, 09:24 PM

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QUOTE(!@#$%^ @ May 6 2020, 05:21 PM)
with his networth, what is rm8? haha
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he travels so much.. really jealous! sad.gif
moosset
post May 14 2020, 01:56 PM

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QUOTE(ozak @ May 14 2020, 11:13 AM)
How many time peryrs Maybank give out Div?

I received another div 6th may?
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2 times a year...
moosset
post May 14 2020, 03:26 PM

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QUOTE(ozak @ May 14 2020, 02:57 PM)
But April payout already ?
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yes... next is Sep / Oct, assuming they still pay dividend ....
moosset
post May 14 2020, 04:36 PM

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QUOTE(ozak @ May 14 2020, 03:54 PM)
sorry, I mean April I got a div.

Than 6th May, I got a div.

Next is Sep/oct?

That is 3x peryrs?
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Dividend payment was in May!! Not in April
moosset
post May 21 2020, 03:54 PM

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QUOTE(zstan @ May 21 2020, 02:52 PM)
already spent it loll
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on iPhone SE 2.0?
moosset
post Jun 3 2020, 04:53 PM

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QUOTE(zstan @ Jun 3 2020, 04:15 PM)
Planning to keep Maybank shares forever lol. Unless shit happens
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if that happened, Malaysia GG liao
moosset
post Jun 3 2020, 07:10 PM

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QUOTE(oks911 @ Jun 3 2020, 06:23 PM)
wow... maybank hebat today.. i hope tomorrow another rise! go go RM9
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hahahahahaha........ sure! Let's all pray that it will go to RM9. laugh.gif

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