Did you know that if you bought BAT in 2015 for its dividends and held it till today....you would have lost money big time?

Dividends @13.5sen, DRP @7.68. If share price can remain above RM8, DRP seems like a good deal

Last time, I would wait for a physical form to arrive from Tricor (the registrar handling Maybank corporate exercises such as dividends). But depending on your mail service, you may receive the form late and won't have time to post it back to Tricor.

Since last year, it's no longer necessary to wait for the physical form if you register for an account with Tricor. Link: https://tiih.online/
With this, you can fill out your DRP form and pay the RM10 online and it's done. Quite simple as I've done it last year with no hassle.

Warning: you will need to upload a copy of your IC to Tricor. So depending on comfortable you are with that, you may not want to register for it. Although for me, there has been no issue.

Or

Try CIMB. CIMB has a lot more upside before reaching pre-covid of RM5.2

pre covid price of Maybank?
Highest pre covid price was at about 8.75, yesterday was traded higher than this price.

Maybank just traded higher than precovid price, so can it go higher?
Elliot wave theory suggests so (we are still in the 3rd wave), and there are already a lot of KLCI banks that went up higher after breaking the pre-covid price e.g. PBB, HLB, MBB, RHB

Now, we all know that the only KLCI bank that has not break pre-covid price is CIMB.
Dont you want to place more bets on CIMB instead? When CIMB regains its highest pre-covid price of 5.33, it will bring you a return of 19.78% as of current price of 4.45.

XXXXXXXXXXXXXXX

If cimb hits rm5, can sell.
I wont sell an uptrend stock until the momentum is lost with confirmed downtrend pattern. Just keep holding all you banks until the finance index starts turning ugly

I think CIMB back to precovid is more likely. Also 22 to 24 is only 9% upside, compared to cimb to precovid is 20% upside. Better rewards there in CIMB.
Do you foresee another meltdown?
maybe when will IB start washing the weak holders.

I'm alrdy 35% profit on CIMB....but I don't feel the need to take profit..like where else to put my money? Glove?

Seeing the strong glove counters trending down, I'll probably pick some up

Still holding on to all my MBB bought last year, even before any Covid appear. Not going to sell it although my ABP is high at 9.08. I believe in the fundamentals and growth of Malaysia's biggest bank. Some may argue that MBB's assets are riskier, but I feel that for a bank that has been growing for the past 60 years since it was founded in 1960, they would have made provisions for the riskier assets.

I am just waiting to collect more dividends only as I foresee the dividends would return back to normal rate of at least 55 sen. That would still give me a 6% yield.

Erm, waiting profit taking/loss cutting to be done by weak holders

About 10% discount from current price. I will take it

I hope you boys entered finance counters yesterday, Wave 5 incoming. Pick you horses (finance counters).

Next KLFI resistance 17000.
Possible upside = 17000/15000 = 13%

I hope you boys entered finance counters yesterday, Wave 5 incoming. Pick you horses (finance counters).

Next KLFI resistance 17000.
Possible upside = 17000/15000 = 13%

This is my first time doing this, what number should I fill in "Number of new Maybank Shares that you elect to subscribe for under
the Reinvestment Option at RM7.680 per Maybank Share" ??

Thanks

Thanks. I plan to hold long term. Plan to subscribe 100 old school way with postage mail in

Then you better do it fast, since Christmas plus new year holidays. Just FYI, my broker recommended I take money. And from my past experience with CIMB DRP, actually now still at lost even though I plan to go long term too. Might as well take the dividend to buy when it goes below RM7.68 (assuming it does) and saves all the trouble of getting the stamp and mail in.... I used to go to my broker, pay them RM10 for them to mail in for me. LOL. Not sure if CIMB provides online, based on a bro here apparently different agency.

You did online submission or paper submission?