QUOTE(Malefic @ Dec 10 2010, 02:48 AM)
I am a new shareholder of Maybank.
Reasons why I bought:
1. Potential gain from BII:
Maybank's average investment cost in BII was Rp455.
BII's share price closed yesterday at Rp1010.
If Maybank floats 17.5% of BII at a very conservative Rp600 per share, it'll make a one-off gain of RM2 billion - a gain which could be used to pay special dividend or even acquire OSK, probably with spare change left.
2. Currently under-owned by foreign investors.
3. Largest market share in domestic deposits.
4. A laggard compared to CIMB and Public Bank
Want to write more but I'm tired and need to take a bath


support you.
reasons why i buy maybank ...
1) cause i am using maybank (house loan, car loan , savings account, current account, credit card) ?
2) cause its at discount compared to cimb , pbbank (yes, funds are buying the other 2 to add in their books for year end window dressing).
3) when they cannot push up pbbank and cimb anymore later for the index, they will need to come back into maybank ?
yeah, i dont understand why people afraid the BII free float thing. the sell should add an additional Rm0.2x one time gain to the book value.
so, mbb either move your ass up or go fall further so that more people can buy you cheaply.