I do not think Maybank would be spared as the financial sector will be adversely affected. The prices of other banks have also dropped.

maybe could go even lower..

EPF also are selling big & same time buying small

i'm not discounting this fact, am going to wait a while more before i enter again

yups, but isn't it for the short term?

What makes you think selling it of in late Nov?

Gut feeling

just stock up 1 lot today 8.5 using auto buy via maybank stock online... damn regret ..

8.50 vs 8.29

you got the trait of successful investor / trader .... got instinct maaa

u guys using auto buy via online ?

yesterday, some bot at 8.3x say regret becos it closed at 8.29, shud hv waited.

now, it is 8.42-8.43. maybe also regret, regret shud hv bot more at 8.3x.

only human...

Other than the potential default of the 1MDB loan, basically MBB is financially sound.

Gone are the days where the cronies get access to loans which will not be repayable.

The banking sector are all closely monitored by Bank Negara now as we cannot afford a systemic meltdown in the banking sector.

1MDB loan is explicitly guaranteed by Govt of Malaysia.. so if it really default (Ie. Government of Malaysia can't pay it's loan), we got bigger problems to worry about than Maybank's share performance.

MBB is down due to its massive rights offer (~RM 300 mil) for it's Indonesia banking arm, which some worry it might cut or reduce dividend payment.

This post has been edited by gark: Dec 17 2014, 03:04 PM

maybank now 8.45/8.46.

anyone regret buying yesterday?

Nope ..

Yeah. But by classifying as NPL in the interim will have a direct hit in the bottom line. The gomen is only coming in as a last resort after procedural claims have been exhausted.

With its Dividend Reinvestment Scheme, doubt many ppl will opt for cash since the shares are offered at discount to market price and I consider it as another golden investment opportunity where the DRS were priced at close to RM10.

I thought the worst is over in Indonesia.

Nope government acts as guarantor. If 1MDB cannot pay, the debt burden will be automatically transferred to GOM. If GOM cannot pay then it will default and have far reaching consequences, at that time RM will be like Rupiah.

DRS depends on the total of dividend per share declared, if they are short of cash, they can declare less DPS, hence less DRS too...

dead cat bounce?

confirm dead cat

maybank nice run after us rally last night.

8.5x is good, steady.


This post has been edited by AVFAN: Dec 18 2014, 10:42 AM