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MayBank shareholder Group
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nexona88
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Jan 8 2015, 05:46 PM
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QUOTE(gark @ Jan 8 2015, 05:31 PM) Maybank's RM 5.5 billion loan, which has recently been 'extended' and failed to pay by 1MDB is guaranteed by Abu Dhabi Government & Usaha Tegas Sdn Bhd. Since it is a government backed loan, and also backed by Ananda Krisnan's holding company, the chance of default and non payment is very slim. So I would not think any of these news is detrimental to Maybank's P/L. http://www.theedgemarkets.com/en/article/c...b-loan-impairedhttp://www.theedgemarkets.com/en/article/s...-stain-malaysiaBut it does give our government a bad reputation...  and u can see the new CEO of doing some "damage control" by doing some "marketing".. hint: The Star & NST biz section
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gark
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Jan 8 2015, 05:50 PM
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QUOTE(felixmask @ Jan 8 2015, 05:45 PM) When you have money can talk loud and guarantee someone like 1MDB the question willing to pay someone debts asap? When no money to talk loud ; you think can stand like Gang Leader ? all the konco konco will run away when Leader doesnt have money. Haha Usaha Tegas is the holding company of Maxis Bhd, Astro Bhd, Armada Bhd and others unlisted entity. If dare run away, will get sued and all the holding shares lelong off to pay the loan...  So dont think they will dare to run... but maybe will delay payment and extend and extend and extend until 1MDB can pay off... but mean time keep servicing interest. This post has been edited by gark: Jan 8 2015, 05:53 PM
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felixmask
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Jan 8 2015, 06:24 PM
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QUOTE(gark @ Jan 8 2015, 05:50 PM) Haha Usaha Tegas is the holding company of Maxis Bhd, Astro Bhd, Armada Bhd and others unlisted entity. If dare run away, will get sued and all the holding shares lelong off to pay the loan...  So dont think they will dare to run... but maybe will delay payment and extend and extend and extend until 1MDB can pay off... but mean time keep servicing interest.  i wonder AK got keep cash in the company..else he need to sell his MAXIS BAD new for me  MAXIS Auction....or 1MDB acution asset 1st
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Oracles99
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Jan 8 2015, 08:02 PM
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Nothing will happen, I believe.
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AVFAN
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Jan 9 2015, 10:45 AM
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maybank definitely spooked by this 1mbd thingy. other banks seem to be infected too!
there is also the bigger question of low oil price - how much is maybank and other banks' exposure to o&g cos. like armada, skpetro, icon? oil price likely to stay at 50-55 for a year or 2... what damage to these banks?
hope to get some comments, any link to read, thanks.
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elea88
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Jan 9 2015, 11:09 AM
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QUOTE(AVFAN @ Jan 9 2015, 10:45 AM) maybank definitely spooked by this 1mbd thingy. other banks seem to be infected too! there is also the bigger question of low oil price - how much is maybank and other banks' exposure to o&g cos. like armada, skpetro, icon? oil price likely to stay at 50-55 for a year or 2... what damage to these banks? hope to get some comments, any link to read, thanks. I collected Maybank today 8.50. I still hv 10 lot at 9.40
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AVFAN
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Jan 9 2015, 11:19 AM
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QUOTE(elea88 @ Jan 9 2015, 11:09 AM) I collected Maybank today 8.50. I still hv 10 lot at 9.40  8.50 still looks risky to me given the current volatility and 1mdb fire and ice out there. 9.40 - must hv bot long time ago as recent high was only 9.20.
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elea88
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Jan 9 2015, 11:24 AM
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QUOTE(AVFAN @ Jan 9 2015, 11:19 AM) 8.50 still looks risky to me given the current volatility and 1mdb fire and ice out there. 9.40 - must hv bot long time ago as recent high was only 9.20. haha i bought on 16 October. On my BIRTHDAY. present for myself!!!! and see.. lost 1k just like that!
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ahwai
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Jan 9 2015, 12:10 PM
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QUOTE(elea88 @ Jan 9 2015, 11:24 AM) haha i bought on 16 October. On my BIRTHDAY. present for myself!!!! and see.. lost 1k just like that! haha me too but you buy so many at one shot
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wil-i-am
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Jan 9 2015, 01:32 PM
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QUOTE(elea88 @ Jan 9 2015, 11:24 AM) haha i bought on 16 October. On my BIRTHDAY. present for myself!!!! and see.. lost 1k just like that! Alredy earned 0.04 now
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river.sand
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Jan 9 2015, 02:16 PM
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QUOTE(AVFAN @ Jan 9 2015, 10:45 AM) maybank definitely spooked by this 1mbd thingy. other banks seem to be infected too! there is also the bigger question of low oil price - how much is maybank and other banks' exposure to o&g cos. like armada, skpetro, icon? oil price likely to stay at 50-55 for a year or 2... what damage to these banks? hope to get some comments, any link to read, thanks. Kenanga's ANALyst report... Attached thumbnail(s)
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AVFAN
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Jan 9 2015, 02:33 PM
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QUOTE(river.sand @ Jan 9 2015, 02:16 PM) Kenanga's ANALyst report... thanks for info. will defintely watch cimb and ambank besides maybank!
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felixmask
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Jan 9 2015, 02:35 PM
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From Madagscar research on Malayan Banking Bhd - Impact of 1MDB exposure Attached File(s)
MAYBANK_CIMB_20150107.pdf ( 430.11k )
Number of downloads: 29
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AVFAN
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Jan 9 2015, 02:42 PM
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QUOTE(felixmask @ Jan 9 2015, 02:35 PM) From Madagscar research on Malayan Banking Bhd - Impact of 1MDB exposure thanks. this one... usual gomen spokesman tune - "all is good, no worries".
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SUSPink Spider
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Jan 9 2015, 03:30 PM
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QUOTE(felixmask @ Jan 9 2015, 02:35 PM) From Madagscar research on Malayan Banking Bhd - Impact of 1MDB exposure Madagascar gang bring ppl go Holland wan wor
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gark
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Jan 9 2015, 07:03 PM
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QUOTE(Pink Spider @ Jan 9 2015, 03:30 PM) Madagascar gang bring ppl go Holland wan wor  Then why u buy madagascar counter... hovid?
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tehoice
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Jan 9 2015, 07:17 PM
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QUOTE(gark @ Jan 9 2015, 07:03 PM) Then why u buy madagascar counter... hovid?  cos want free holland holiday trip mah
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SUSPink Spider
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Jan 10 2015, 11:14 AM
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QUOTE(gark @ Jan 9 2015, 07:03 PM) Then why u buy madagascar counter... hovid?  I stopped reading Madagascar ANALisis for some time already
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Bonescythe
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Jan 10 2015, 12:14 PM
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QUOTE(river.sand @ Jan 9 2015, 02:16 PM) Kenanga's ANALyst report... China man really china man.. both pbb and hlbb also so little exposure. but quek leng chan did a wrong move.. he never borrow money out to oil n gas conpany, but he buy lots of oil n gas shares. haha
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wil-i-am
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Jan 10 2015, 06:30 PM
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Tis week, Maybank drop 0.51 (5.6%) to 8.61
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