Note that MBB is also thinking of a further extension of time beyond the new deadline of June 30 ,2011 alredi.
This is a smart move to generate more gains from the booming economy!
MayBank shareholder Group
MayBank shareholder Group
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Dec 10 2010, 05:19 PM
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#1
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Senior Member
4,514 posts Joined: Apr 2010 |
Note that MBB is also thinking of a further extension of time beyond the new deadline of June 30 ,2011 alredi.
This is a smart move to generate more gains from the booming economy! |
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Oct 12 2011, 10:57 AM
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#2
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4,514 posts Joined: Apr 2010 |
Not likely to get it with gomen funds nibbling at the counter. More upside potential than downside risk.
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Dec 28 2011, 10:42 AM
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#3
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4,514 posts Joined: Apr 2010 |
Hopefully Kim Eng can provide more upside to this counter.
Finance counters not the flavour during global crisis. |
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Oct 4 2013, 11:43 AM
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#4
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4,514 posts Joined: Apr 2010 |
DRP at RM9.20 is worth it, though the quantum is not much.
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Dec 17 2014, 02:49 PM
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#5
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4,514 posts Joined: Apr 2010 |
Other than the potential default of the 1MDB loan, basically MBB is financially sound.
Gone are the days where the cronies get access to loans which will not be repayable. The banking sector are all closely monitored by Bank Negara now as we cannot afford a systemic meltdown in the banking sector. |
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Dec 17 2014, 03:22 PM
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#6
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4,514 posts Joined: Apr 2010 |
QUOTE(gark @ Dec 17 2014, 03:02 PM) 1MDB loan is explicitly guaranteed by Govt of Malaysia.. so if it really default (Ie. Government of Malaysia can't pay it's loan), we got bigger problems to worry about than Maybank's share performance. Yeah. But by classifying as NPL in the interim will have a direct hit in the bottom line. The gomen is only coming in as a last resort after procedural claims have been exhausted.MBB is down due to its massive rights offer (~RM 300 mil) for it's Indonesia banking arm, which some worry it might cut or reduce dividend payment. With its Dividend Reinvestment Scheme, doubt many ppl will opt for cash since the shares are offered at discount to market price and I consider it as another golden investment opportunity where the DRS were priced at close to RM10. I thought the worst is over in Indonesia. |
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