Wah.. Maybank closed RM7.50 yesterday. So low!

I q at RM7.50 but didnt get done.

Maybank is too big to fail. Coz if it goes, I think the country goes.

Lowyat Stock Exchange so quiet nowadays.. Everyone give up on KLSE already?

I joined the Maybank Shareholder Group.. Entry point RM8. 94.

This post has been edited by Cubalagi: Jun 19 2019, 08:01 PM

During the Global Financial Crisis in 2009, it dropped below RM4. And if you bought it then, 10 years ago, you would have got more than RM5 in dividends, in addition to capital gain.

Tough luck for them if they buy at RM10. Someone even bought at RM10.80 last year. Right after GE.. But that's the stock market for u. Entry n exit points are the next most important thing after stock selection.

In my case, I exited completely KLSE stocks after GE. This year started go back into stocks. First into Reits early in year. When index fell to 1600 last month, that's a signal for me to look into blue chip dividend stocks.

Usually, before a Big Crash there will be a Big Melt Up. U don't want to be completely out of the market if that happens.

N true there are a lot of risks out there now. The danger of catching falling knife thing. That's why I buy the blue chips with good dividend yield like Tenaga n Maybank. N Im not all in yet. Im about 40% in equities now.The rest are in cash, bonds, gold and USD.

Anyway, today added more Maybank at RM8.94. Now we wait... 😅

This post has been edited by Cubalagi: Jun 22 2019, 01:29 AM

In my (not very long) investing experience, it' has been mostly in the woods! Clearings are very few and usually when it's all clear, probably time to look at taking profit!

This is esp true for Malaysian stock market. We are not like US stock market. US market, if u just buy SnP500 ETF n you sleep for 5 years, u would hv made decent money. (This is past record, which may or may not repeat in future). If u buy KLCI 5 years ago, u would not make money, n significant loss if u view in USD n inflation terms .

This post has been edited by Cubalagi: Jun 22 2019, 11:41 AM

Wah.. Maybank down to RM8.88 on Friday..

Good number for rebound.. . 😆

6.42% DY based on Friday closing price.

In fact, higher compared to Blue chip M REITS. Pavreit, Sunway reit only about 5% now.

Or profits maintain n stock price go up to RM12. U get 4+% as well 😆

This post has been edited by Cubalagi: Jul 1 2019, 12:14 PM

To be honest, me too.

I buy Maybank for income, big capital appreciation is bonus. It is not an exciting stock, but it's stable decently managed business and at below RM9, attractive proposition.

Average annual dividend last 5 years = 55 sen. Payout ratio is 70+%. So yes. I prefer Maybank to MReits atm (Reits hv generally gone up).

Can dividend fall? Of course possible. Big drop? I'm hoping not. Maybank performance is closely tied to the Malaysian n Asean economy performance. Are we going downhill further.. Maybe or maybe not. That's why it's good to stay diversified.

N like all big corporations Maybank will have room to do big costs cuts if things really go south.

Btw if Maybank profits drop significantly, those PNB fixed funds will suffer more than me...

And that is still with 55 Sen average dividends by Maybank.. 😆

ASB alone has 24% in Maybank.

US elections is in Nov 2020. Money put on FD till then?

Trump might still win then

How do u suggest to do batch by batch? Price triggers? or periodic? (weekly, monthly, quarterly?).

We can do a Ramjade experiment here.. 😆

If the price doesn't drop to those lower level, then u lose out by waiting out. Your money will just be in trust account earning peanuts. If the investment objective is to earn higher passive income then the objective is defeated.

For me, if I like the stock and like the price, I buy. I like the stock but don't like the price, I stay out.

Play around.. Got more chance to lose money.. 😆

Yes, no force to trade in Maybank at all. But if looking for dividends, can u suggest any other better Malaysian stock that has as good or div dividends income than Maybank and is more safe?

And actually, there is no force to trade stock market. Money can keep at UT or ASx.. Far less work n fear. UT if lose blame stupid fund manager. ASx if lose can blame stupid government. Stock market lose only get self to blame.

Maybank also offering e wallet now. OT But I don't get this e-wallet thing, I hv CC, DC n online banking. Wht should use e-wallet huh? Maybe I'm old.

If u want big price action then don't buy Maybank lar. 😂

RM8 baru 10% loss from current price. That's nothing..

Try..

RM7.50 (lowest 5 year price, in 2016)

Rm3. 44 (lowest 10 year price, during Global Financial crisis 2009)

RM1.50 (lowest ever, Asian Financial crisis in 1998).

Baru takut... 😅

But Maybank has always rebounded back to RM10+.. So far at least. N always resumed to pay good dividends, after short hiccup.

This post has been edited by Cubalagi: Jul 9 2019, 01:18 AM