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 MayBank shareholder Group

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FutureBuilder
post Jul 26 2019, 01:39 PM

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Is there anyone here building passive income through Maybank dividend using dollar cost averaging method? Mind sharing your strategy? biggrin.gif
FutureBuilder
post Aug 1 2019, 08:49 AM

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QUOTE(Cubalagi @ Jul 26 2019, 02:16 PM)
By DCA, I assume u mean buying a fixed amount in a fixed schedule (monthly, quarterly etc), irrespective of valuations and market conditions?

Then no, I don't do that. Not for single stocks..I actually think it's dangerous. Even for blue chip stocks like Maybank.
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Thanks sharing. Maybe i would try accumulate dividend stocks.
FutureBuilder
post Aug 1 2019, 08:50 AM

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QUOTE(Jordy @ Jul 26 2019, 04:55 PM)
BNM doesn't necessarily have to follow Fed's moves. We have our own domestic consumption rate, household debt levels, unemployment rates and inflationary pressure, etc as our own economic markers. But as what Cherroy has mentioned above, liquidity in the market could increase due to the lowered cost of borrowing. This could have a little pressure on our margin.
It is not cost effective to do DCA for stocks due to the high cost of investment, unless you can DCA with a big amount every month. We have the minimum brokerage fee to consider, so lets say you DCA monthly with RM500, even a RM10 minimum brokerage fee of RM10 will cost you 2% upfront on your investment. So one will need a higher DCA amount monthly to reduce the cost of investment.
True, long term wise Maybank is still a safe play, and its yield at current price is one of the highest. If it could maintain its payout rate as the year before, then the price could see a rebound from current level due to increased confidence. Management wise, I still prefer Maybank.
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You're right. Thanks sharing too. biggrin.gif
FutureBuilder
post Aug 1 2019, 12:40 PM

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QUOTE(Cubalagi @ Aug 1 2019, 11:19 AM)
Yes u should, but don't just buy blindly.
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Appreciate your reminder. Thanks. tongue.gif
FutureBuilder
post Aug 29 2019, 01:26 PM

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Yeah, maintain 25 cents dividend. Got DRP offered this time?
FutureBuilder
post Aug 29 2019, 08:18 PM

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Junior Member
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Joined: Jun 2019
QUOTE(Cubalagi @ Aug 29 2019, 02:42 PM)
Not mentioned, but divvy announcement full details not out yet.

Results within my expectation. Better results than 1Q even with BNM cut in May. 1H19 earnings down 3.8% compared to 1H18. That's not bad. They dropped their 2019 ROE target to 10-10.5% vs earlier target of 11% on lower interest rate n slowing economic growth.

Topped up today at 8.55..
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Yeah, good entry price and decent dividend while waiting for capital gain. biggrin.gif

 

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