i had bought maybank share today.Just join Maybank group

Actually in my mind PBB is the best,but however the price also best
so after few weeks consideration,decide to buy maybank

Any one maybank share holder here??

reason to choice:
1.Giant in Malaysia
2.maybank2u is convenient to use
3.goverment link

poor things:
1.recently just spent few billion in acquisitions
2.dividend might be reduce


Any one have maybank in ur portfolio??

reason to choice:
1.Giant in Malaysia (See comments below)
2.maybank2u is convenient to use (lol, does Maybank earns from M2u?)
3.goverment link (Govern not stable la)


Giant in Malaysia, but a small ant in South East Asia.

Singapore bank can easily eat Maybank.

Maybank is over rated company, and actually not doing well in customer service. Public Bank rule in that.

Say's who M2U is easy to use? Ur statement is bias. M2U sucks, always hang, slow response time and cannot "erect" when required. LOL

Other banks are coming up with better Online Banking. CIMB is way better from M2U, in term of speed plus user friendly too. Hong Leong Online is better in term of security.

Maybank now is fundamentally okay but not as strong as 2 years back. Blindfolded new boss is starting to bring "down" Maybank? U be the judge.

Conclusion : To buy share just because of those 2 weak points are not worthy.

This post has been edited by zamans98: Jun 2 2008, 07:59 PM

strong support rm7.00..i will go in when 7.00 or below

hehhe, I'm with you..

Rm6.00 is a better/safer bid i hope, if judging based on valuation. I would expect the PE to be around 7.2 to be in the safe zone for buying in. In anticipating a lower dividend and longer time of recovery due to excessive of spending.

Unless Maybank "buys" another overprice company, i doubt that it will drop any lower than RM7. Bear in mind, Maybank is still has considerable funds.

7.35 close today..haha..nearly my TG..

After tmr,we never know what happen..petro 2.70 now..Inflation stay HIGH..

[quote=zamans98,Jun 2 2008, 08:56 PM]
reason to choice:
1.Giant in Malaysia (See comments below)
2.maybank2u is convenient to use (lol, does Maybank earns from M2u?)
3.goverment link (Govern not stable la)
Giant in Malaysia, but a small ant in South East Asia.

Singapore bank can easily eat Maybank.

How can singapore easily eat maybank??? It is 60% more own by PNB, AMAHAH RAYA and EPF. With freefloat about 30 over percent. The recent aquisition of BII will enhance EPS of maybank about 10 sen. Aquisition of MCB (pakistan) will enhance EPS for another 5 sen. So it is a short term pain (low dividend yield) long term gain (increase of EPS).

Don you know now Amanah raya and EPF are starting to accumulate maybank ranging from RM 8.00 to RM 7.00. i strongly think the support IS AT RM 7.00


SO IT IS TIME TO BUY NOW

---

Added on July 24, 2008, 8:25 pmMaybank today close at RM 7.60

This tiger will roar soon!!!



This post has been edited by darkknight81: Jul 24 2008, 08:25 PM

i bought this Tiger too early at higher price..... : (

http://biz.thestar.com.my/news/story.asp?f...09&sec=business

Any comment on this stock?

This post has been edited by darkknight81: Aug 27 2008, 08:18 PM

Since the aquisition of BII is confirmed cancelled. Maybe can look into this stock again

The Tiger is sick at the moment after eating wrong/rotten 'meat' (Acqusition BII) causing severe diarhoe that lose 480 millions. So after massive diarhoe, now lembik lembik already.

Just joking.

I sold off mine at RM 8.00 where i bought at RM 7.30. bUT I MISSED THE DIVIDEND 20 SEN

The final dividend just announced, still cum mah, only ex after next month.

No more bullets oredy ... All used up for YTL power

Maybank weighs, KLCI eyes 1,000
By JOSEPH CHIN


KUALA LUMPUR:Maybank fell as much as 4.73% in early trade on Wednesday, weighing down the market while the KL Composite Index approached the 1,000-level as investors were still concerned about its acquisition of Bank Internasional Indonesia (BII).

At 9.30am, the KL Composite Index was down 8.70 points to 1,003.67. Turnover was 50.39 million shares valued at RM89mil. There were 60 gainers, 121 losers and 67 counters unchanged.

Light crude oil rebounded, rising US$2.66 to US$93.80 per barrel.

Asian markets fared better after a firmer close on Wall Street on some hope for a lifeline for AIG. South Korea’s Kospi jumped 48.1 points or 3.47% to 1,435.85, Japan’s Nikkei 225 rose 255.85 points or 2.2% to 11,865.57, Singapore’s Straits Times Index added 1.17% to 2,490.23 but Shanghai’s A Share Index eased 0.5% to 2,075.25.

On the market outlook, HwangDBS Vickers Research said Asian markets should show some relief rebound following the overnight rise on Wall Street.

“This comes even though the U.S. Federal Open Market Committee decided to leave the benchmark federal funds rate unchanged at its scheduled meeting last night.

“Nonetheless, investors will likely remain cautious ahead, watching out for the possibility of more victims in the ongoing financial crisis following the Lehman Brothers collapse,” it said.

While the research house was expecting some improvement in market sentiment at Bursa Malaysia, it said the immediate upside potential for the KLCI was expected to be capped at a technical resistance level of 1,020 due to the light buying interest.

On Tuesday, Maybank’s hopes to acquire BII were revived after Indonesia’s financial regulator Bapepam said it might extend the timeframe for Maybank to sell down its BII stake after a proposed acquisition.

Malaysia’s largest bank by assets also said Bank Negara had reinstated its approval for the acquisition following the latest development.

A local research house said while it was pleased that the deal would go ahead, the flip-flops in the past two months underscore the high policy risks of operating in Indonesia.

Furthermore, the potential BII loss might be an earnings overhang in the next few years, it added.

Maybank fell as much as 35 sen to RM7.05. It saw 1.36 million shares transacted.

Batu Kawan and KLK fell 30 sen each to RM6.80 and RM9.60 while IOI Corp lost 12 sen to RM3.92 and Kulim 10 sen lower to RM5.20 and Kulim-WB 12 sen to RM3.

BCHB eased 20 sen to RM7.65 and Genting slipped 14 sen to RM4.78 and Tenaga 10 sen to RM6.40.

However, Tong Herr added 52 sen to RM2.80 while Parkson added 10 sen to RM4.18 and AFG six sen to RM2.70 while Public Bank rose five sen to RM9.85.

Now Maybank is given green light by BNM to acquire BII which lead to its share price plummet.

Really 'pening', first not approved, now approve. This acquisition saga really amazing, high price of acquisition then hit a snag on Indo authority side, then BNM not approving, now BNM approving again, what next?

Ya, BII is proceeding with the two conditions stated.

http://www.theedgedaily.com/cms/content.js...195fc0-34aa0050

Taking into consideration of current political uncertainties, this counter still have way to go down...

I suspect this acquisition have got to do with Amirsham resignation. He is going to resign and he need cash for his retirement life... Know what i mean right ?

MBB confirm its acquisition to BII at discounted price. Any comment ?

I have been evaluating this counter but found that the fundamental and growth is not stable, at least comparing to Public Bank. But it is very attractive that previous price was above RM10 before the announcement of the acquisition. Do you think MBB will get benefit in the long run from BII in Indo which is the biggest Muslim community, where MBB may expand its Islamic Banking business there.

From my study, I think the resonable price is way below RM5 or even RM4. But this "Superstar" counter is so popular and welcomed by many people and hence the market price will never go less to my expectation. EPS is quite close to PBB at RM0.60, whereas the price is RM10 (PBB) to RM6.90 (MBB).

I am feeling bit itchy to grab a little some. However, I know this move is close to gambling when the reason of my buying is merely taking advantage of its popularity and wishing someone will buy at higher price from me.

What if I stock in t RM6.80 ?

Looking forward to learning from all sifus here.

First you must know your goal to buy this stock. Is it for long term holding ( 3 - 5 years or even more) or short tem trading. What is your target price to sell? What is the price you feel comfortable to buy?



This post has been edited by darkknight81: Oct 2 2008, 09:34 AM

Darkknight81, my strategy is only long term investement, if possible I will keep forever if a counter can generate handsome return or capital gain each year until the market price exeeding its value. So I think only those strong fundamental corps are worth to hold. However, I find those strong as steel corps like PBB, BAT, Dutch Lady, F & N, Nestle....are too expensive to me. I do not have enough bullet at this moment But I don't want to miss this golden opportunity when I can buy cheap stocks.

So I go lower to Maybank, Genting, IOI, YTL Corp....But I am not comfortable with MBB performance. Shall I give priority to other counter like Genting, IOI and YTL ? I need your advice on Maybank before I decide my next step.

There are not much stock which can hold for long term in our KLSE. My view is stock at currently level are still expensive. If you really want to hold a good business which is selling at a discount . I can say it is still not the time yet. For me, YTL power are still ok as from my other topic as i think windfall tax will have a harder and more direct impact on YTL power compare to current financial credit crisis from US. That y i dare to buy last few months. Recently just recived the bonus share from ytl power


Besides, you can consider JTINTER , if you are a dividend stock player. Currently it was steady at RM 4.30

This post has been edited by darkknight81: Oct 2 2008, 01:53 PM

Jtinter been staying within RM4 plus for years which I think it is not growing, also I think most smokers prefer European products and I anti smoking. Most importantly I am convinced that people are quiting smoking habit from time to time especially in developed countries and Europe. That is why most cigerate companies focusing their sales in Asia.

I agree with you that most stocks are still expensive, but do you think the price can drop further ? As many investors and fund managers out there are hunting for good and healthy counters which are very limited here, due to low supply I doubt it would drop to a bargain point.

To me I think the stock price now is 30% off from market price, which is still far from what I look for at 50%.

This post has been edited by rayloo: Oct 2 2008, 03:52 PM

Jtinter is not a growth stock. It is an income stock which generously giving out dividend. Which means the earnings they pay back to the share holder. Where as growth stock they will reinvest the earnings for the futures growth/expansion. I also din smoke but we cannot stop ppl from smoking EITHER... you don buy JTinter does not mean that ppl will stop smoking either.

You invest by buying good business on a price that suit your own appetite. If the price does not meet your target you can wait and be patience. Thats what we call value investing.

Can anybody tell me that Maybank is valuable to buy?

Actually the valuation is very low at around 1.6 (price/NBV). But market worry about the 'contribution' they are going to receive from recent acquisition. Their foundation remain strong and should be good buy at RM6 region. And hopefully they are not going to repeat another BII

if you're long term investor.., you will not go wrong purchasing this stock..

intermediate target from CIMB - 8.16

I'm also planning to enter a few unit, for longterm.

maybank have been good in the past for it's dividend.. on par with Digi's..

maybe this year not a maybank year's judged from all the bad news..

but next year.. it will bounce back..

Just want to share, but I find the earning growth for Maybank is only 4.4% while Public Bank is 18.7%
Long term wise Maybank is not my choice, but maybe you could consider by taking advantage of the market sentiment which resulted the price decline to RM6.60.

See PBB price still stiff as rock at RM10.

Just my humble opinion.

But it worth to note that Maybank is the largest bank in Malaysia. The current turnmoil that they have with BII has rendered the stock cheaper.

My opinion, also find the biggest tree to rest.. So buy, but at what price you have to ask the sifus.

Maybank is the largest in Malaysia, but comparing to the world ? Or maybe Asia ? Or maybe South East Asia.....it is still little that needs protection within our territory. Don't forget the globalisation we are in now. What I see BII in Indonesia is the huge potencial Islamic Banking business. If well managed strategy who knows MBB will become.

Just my 2 cents...

This post has been edited by rayloo: Oct 5 2008, 05:14 PM

I think more people are interested in Maybank because of short to mid term speculation/trading purposes due to the share plummet after recent acquistion saga.

For really long term investors, normally people will take into consideration that company is taking care shareholders benefits as much as possible while provide good return to the shareholders. But recent acquisiton saga didn't show they are fully taking care of shareholders benefits by buying at 2x higher than market price. My opinion only.

i wonder how can it reached 8.16 at current market... 5 years target price ? How can you say next year it will bouce back? Any reason behind?

Being the biggest doesn't guarantee you anything, but government's bail out when failed.

The valuation is consider cheap by KLSE standard, but based on the earning, you might be surprise that MBB is trading almost like DBS, UOB or OCBC in SGX. Not forgetting it is not as solid as them. I felt being oppressed as minority shareholder in their recent acquisition as well, don't think any bank will value BII in the way MBB value it, I really hope I am wrong on this.

This post has been edited by htt: Oct 6 2008, 01:36 PM

laugh all you can.. ..

but... people tend to forget....! when market recover.. when maybank report their Q4 earning.., price will move again..!

then.. when institutional fund comes back.., they will 1st look through stocks that historically performs well.! and maybank is one of them.!

history never lie..! strategist and investor also based on historical statistic to make their investment decision..

when time come.. we can re-visit this thread back..

No, we are not laughing on it, nothing to laugh on. The major concern about is, it is not taking care of shareholders benefit by expensive acquisition. Sellers (Temasek) even get give you discount after first deal collapse due to BNM refusal sum up it. FYI, it is acquiring 2x more expensive than market price.

Maybank for the last 5 years did perform below par compared to market average or indices.

The data obtained is after adjusted bonus and dividend, data obtained through N2N
When market low time 2002 (Sars broke out)

Maybank was 4.00-4.20, now 6.50
Pbbank was 2.00-2.20, now 9.80.
IOI was 0.85-0.90, now 3.90
Genting was 2.20-2.30, now 5.30
BAT was 19-20, now 40
Tanjong 5.90-6.00, now 13.30

Infact, when KLCI was at historical high of 1,5xx time, Maybank is one of major laggard in the index which hinder the index to register higher level.

Investors particular instituitional invest in a particular a stock because of its future earning looks good and promising. History is past, it never dictate how a stock performs in the future. Fundamental can be changing overtimes depended on economy situation.

Don't mean Maybank is good or not good in the future. What important for stock price is the future earning of the company. If Maybank can show it, then surely its share will rise. But, just recent acquisition saga did raise a lot of concern.

Just my 2 cents.

This post has been edited by cherroy: Oct 6 2008, 06:03 PM

Last time it use to be in one of my favourite list.... After looking more thoroughly, it is not so good indeed....Yes it looks good from outside....

Like what cherroy said... shareholder benefit is one of the priority when you choosing a stock....
You must remember when you buy in maybank you are just a small ant.....If the major shareholder does not take care of your benefit... basically you cannot do anything... what you can do is sell off the stock maybe to show your distress....Don be too optimistic in stock market...Think of all the bad side of the stock before taking care of the good one.....Basically is the person who is too optimistic will end up loosing all their money in stock market.... Once they realise it will be too late already...

Mind you ppl who invest are looking for that company futures... not the past... the past already past ok...

IF we can buy stock base on past performance it is damn easy everybody can get rich already.... Thats y in stock market there are ppl who always loosing money as they have this type of mindset....

This post has been edited by darkknight81: Oct 6 2008, 07:48 PM

But not without some plus for the new CEO, I can see Telekom customer service improve under his leadership (although still far from satisfying). If he can do the same to MBB, they might still have chances. Given current price (MBB drop from approx. 10 to 6.55, while PBB stay still at approx. 10), there might be some upside, just the way they treat their minority share holder irked...

I got some funny feeling on this counter, the share price before the acquisition is around RM8.20 (approx), now 6.30, dividend 0.20, total number of share = 4.9b (approx). Then the market value lost is 4.9b*(8.20-6.30+0.20) = RM8.33b. This amount seems near to provide 100% loss for the BII purchase (Lousy it might be, but don't think it not even worth a dime ). Is market over reacted? Of course this excluded the recent KLSE plunge... Just some hypothesis only.

And latest news, they might get another discount on purchase (from other parties), maybe another RM200+m, think the sellers are so eager to offload this hot potato...

This post has been edited by htt: Oct 7 2008, 03:04 PM

well said darkknight..

agree that we should look into future plan also..


This Wahid always carry good track record to wherever he go. Good reputation, good for maybank. Whatever he do know, maybe he try to do firefighting (i.e to minimize losses for a decision that was made before he's on board)..

And from news so far, it is clear that Temasek is pushing maybank to get this deal go through..., and i'm quite surprised that maybank choose to accept the rebate offered.. !

If I were them - I would choose to loose out the 400++mill deposit put rather than lost the other 90% more (total 4.6billion) on this deal...

let's just hope.. maybank can quickly capitalize this purchase and go on re-branding exercise soon after dust settled.

mind you - with BII wide network of branches across vast Indonesia.. and with millions of legal + illegal indon here in our shores.., maybank might just creating a great expansion plan here..

even here in malaysia - you can't deny that maybank provide the best Internet banking experience so far.

hate it all you want.., me too (for the matter of fact).. I do chaste them for all kind of charges they put on us in doing our transaction online or over the counter.. , but they got the upper hand - the service efficiency and the most list of online payee for paying your bill.

imagine maybank expanding this online service to across indonesia..

HAHA Are you serious? No way they are the best. Even Public Bank's Online banking is already 2 times better without the lag. Maybanks online was one of the first to start and get the ball rolling but they have not improved on their original interface or even tried to increased their bandwidth to cope with new customers.

To be fair, I think their internet banking still best in the country, due to:
1. Large number of user, almost all my friends have one, nowadays we online transfer whatever amount we due to each others (dinner, stocks, something even ang pao...).
2. Wide range of payee.

PBB is fast but there is nothing much you can do on their IB, even CIMB fare better than them (I have all 3 IB accounts to make such comments ).

MBB is lousy (especially customer service), but their network is what others cannot match at the moment, if they can utilize them in the correct way it should be, there is no way they will land themselves in current stage. I think what we can seen cannot be unseen by the management, and hope they don't repeat the BII saga anymore (what was done was done, small shareholder like me might be stupid, but institution shareholder might not be). But PNB & EPF is buying from open market recently... fishy...

We think we have no choice but hold on to what we have at the moment to weather through the storm... There might be right issue coming on the way (that's the better way... better shore up capital before too late, MBB is not PBB, which will shine in recession). Good luck to all fellow shareholders.

Maybank will rebound.....don't worry....because i bought it at higher price....it must go up!!! I hope ( )

Maybank price continuously to drop since tis morning. Hmm.........don know whether it can support at RM6.

Short term yes

Today blood bath, STI lost 5% liao, MBB still small case... 20 cents dividend in pocket liao, at least.

lowest today - 5.90..

and more to come..! looking at current bloodbath in the market!

red through out the globe!

with Indonesia hit circuitt breaker..! when will come our time?

we don't know..

~~~~~~~~~~~~~~~~~~~~~~`

but today - news come -out, maybank buy another stake in BII.. making them holding total 70++ % of BII stocks.

is this good move or bad moves?

what's your take on this?

Wow seems Maybank really got chance to break the RM6. I tink for short term maybe not a good move as they will need to infuse more cash and somemore we are facing of uncertainties of politics, current market sentiment and global financial crises.

Just my opinion.

At current price maybe can buy in some for short term trading..

Just my two cents.

Today i just get board into Maybank board of shareholders . yeah
Hope will make good profits from it.
And bought some its warrants to make my profits higher.

yeah.. warrants is cheaper!

let's skin the fat cat..!

This tiger seems being beaten until cannot stand up at the moment ...

Maybe this morning haven't eaten "tiger" biscuits. haha..

---

Added on October 9, 2008, 8:34 pmBtw, recently PNB and EPF acquired quite alot of Maybank shares.
What their purpose?
To help to stabilise Maybank price (indirectly stabilise KLSE index) or something BIG will going on in couple of weeks/months?

This post has been edited by dreams_achiever: Oct 9 2008, 08:34 PM

will maybank break the RM5 level?

Hard to say, PBB also drop until 9.20 liao.

This tiger diarhea until no strength already

MBB +0.20 today when the rest not up, anybody know why?

Someone, VIP is going to give a speech next week. Every fund manager has to support a bit.

This post has been edited by SKY 1809: Oct 31 2008, 05:15 PM

Is it some kind of jokes?

OT a bit . By the way, is your offload ok today ?

Cut some mbb at 5.25

so is it good choice to step in Maybank share now? Feel want grab 1..:think:

Holy Crap Maybank went up 50cents! But I never buy any

dont worry now still early, when anual report comeout this years as it going to be ugly will drop somemore, and now everywhere in world also in recession will drop futher, to around 750 point, at klse

---

Added on November 3, 2008, 10:42 pmmost important is bullet($$) the rest isnt that important

This post has been edited by normanTE: Nov 3 2008, 10:42 PM

Really? Ok I will wait and see whether you are right

The new CEO start to do something liao, maybe that was welcome by institution shareholders.

5 bilion ringgit from our kazanah buying this undervalue stock

So far not seeing anything from valuecap, only PNB and EPF bought some... And that was not that much also

KNS, got raped by Maybank... lost f-ing 50% of its value so cheesed of with it ... now just take profit break even and get out.

I was actually planning to get these stocks when they were at RM5.... however, my application for a cash account has not gone through! And it is already 2 weeks.....

When is the annual report coming out?

Annual Report? Already out 2 months ago. You mean 1QFY09 result? That one haven't...

attractive counter with deep discount, but not triving well, at moment
guess what is next big thing in ten year?
ICBC

see downjone drop another 8% last week with this mean there 700 bailout plan not enough to correct the market
now us auto-maker in trouble,

buy ICBC is better grab some as china bank is drop more than 50%in this recession

---

Added on November 9, 2008, 9:11 pmmalaysia bank not in deep discount, except those in trouble like 1155.kl
singapore dbs -60% discount and ocbc also near50% discount
here public bank from pick only 30-35% discount le

This post has been edited by normanTE: Nov 9 2008, 09:11 PM

Maybank 1Q result out, operation deteriorate a bit, provide impairment loss for acquisition in Pakistan, big goodwill arise from BII saga, but still stable as NPL still well manage. Sometime I just wonder why they can manage their core business well but go aboard making all the lousy acquisition.

We may not know whether Maybank's share going up or coming down.

One thing that we can bet , they would lose on impairment costs on buying banks in overseas, unless they can see and smell gold in long term.


This post has been edited by SKY 1809: Nov 11 2008, 10:17 PM

i think maybank is pretty good for long term

I think so, needs to have lot of holding power.

Maybank net profit down 22%
http://www.themalaysianinsider.com/index.p...profit-22-lower

Prepare for roller coaster down ride tommorrow. DJ currently -200points.

Malaysia's top lender Maybank said Tuesday its first quarter profits fell 22 percent from the same period last year due to higher loan loss provisions and losses in an associated company.

http://news.my.msn.com/regional/article.as...umentid=1781027

Oh dear... that is after selling NPLs to SPV. If not... sighs !!!

Maybe a good bargain at 4+, providing the crazy shopping session is over...

ha that have to depend on donjone tonight, if they drop >5% that mean we will have a heavy loss following day, i trade both,

support PBB , PBB staff here

hmm lost another 20 cents

need more courage to buy maybank with this quarter loss 22% and deducted dividend ,
think can get at around 3.5 in next years 2nd quarter.
haha

It won't go that low! I think around 4.5 lah.

NAV around RM4.08 at the moment, if trading at RM3.50 only 85% of NAV, not likely, unless they really loss a lot of money. I target if price/ NAV hit 0.9.
Have to buy back those sold at RM5.25 first
Any idea Aseambanker cannot buy Maybank's share? I try lodge in order but kena reject leh...

Cash account can buy maybank shares. If u r using margin then cannot buy, this is their policy.

Weird, I don't have any margin leh... Thanks yeeeeko.

Are you using Maybank online ?

Yes. The order was sent by remiser to bursa, then suddenly ask me to contact dealer, too lazy to call

I mean did you use Maybank online ? If they, you're not allowed to buy Maybank share.

The account was with Maybank Securities at the first place, >8 years ago. You means cannot buy Maybank share using Maybank2u?

Yes. Pls refer to thread below.

http://forum.lowyat.net/topic/399536/+100

Maybank records Q109 net profit of RM572.2 million

Maybank records Q109 net profit of RM572.2 million; improves asset quality
Maybank Group today announced profit after tax and minority interest of RM572.2 million for the three months ended 30 September 2008. The results include a maiden profit contribution of RM23.1 million from its 20% associate company, MCB Bank Ltd, Pakistan.

Group profit before tax for the period was RM881.8 million compared with RM1.01 billion in the corresponding quarter.

The Group results translate into a net return on equity of 11.7% while earnings per share for the quarter stood at 11.72 sen.

URL: http://www.maybank2u.com.my/mbb_info/m2u/p...s/AU02-Newsroom

so the price for now is not recommendded to buy in? 3.5 seem abit too low..

Wow. 3.5 is very low leh.....

I just queued at 5.1..... hmmmm.... maybe I should queue lower.....

Price below RM 4.00 can be considered already i think Should give you some margin of safety