cos market see after CIMB-RHB-MBSB merger, Maybank no longer biggest?

But...from biz point of view...changing bank is a messy stuff...who cares if CRM is biggest? I got my favourite account manager...I won't bother to change

Telan Unker Piow?

Then who...telan all the small boys, like Affin, Alliance?

I probably will start buying @ RM6.50 (35% discount from high point seems reasonable). Meanwhile, sleep and collect dividend. 

Normally RM8 would be good enough. The way I calculate is this. Current div per share is about RM0.50 per share.

If buy at RM8, div yield will be 6.25% pa.

If buy at RM6.50, div yield will be 7.7%p.a.

Considering that this is a top grade company, 6.25% is really good. But this is a bear market; Maybank is expected to cut dividend payouts if its share price drop, paying considerably lower than RM0.50, if history is to repeat itself. Thus my RM6.50 price target is not that impossible.

Yeah.. I held this share since Jan 2008. I remember dividends for 2008 and 2009 as being on the low side.

Yeah, the good old times... 

I first bought some at RM10, i think. Then some at RM8, then last batch at RM4. My avg cost is now RM7. That's why I target lower than my avg cost 

the lowest is rm4...

Depend how many time you BUDGET want to average catching the falling knife.

Mine strategic lowest i put

1st catchment rm5.50 rm4k
2nd catchment rm4.50 rm5k

i hv limited bullet therefore i very carfull to shoot any MEGA SALE

alwasy depend individual, only scare not money to buy

You can jack up one OWN TP..didnt need follow me

Put own buying and reload TP

since the price is pretty low, you guys top up? pink spider?

Work in tiger bank the past 5.5 years...dont really have technical analysis to convince u. But the steady bull run was back in tan sri wahid days...sales department have been suffering frm lacklustre sales the past 3-4 years...

Just gut feeling frm ground and inside tiger bank observation...

Anyway heard rumours tiger lend provisionary lending to 1mdb for 6 billion... Anyone can dig if its true? If it is...then watch their share crumble in spectacular fashion end 2015 or early 2016....once shit hit the fans and they broke the camels back...

Anyway this thing is cyclical...im in mbb and heard a lot of complacency inside mbb top mgmt...

Heheh...i still remember back when i 1st entered tiger bnk the co was struggling circa 2008...

Permanent staff was not given any esos for years...share price was like rm4.xx issit?

They dont even hav budget to absorb contract staff into permanent all given extension...

Then wahid give a direction for a massive rebranding image..give mbb fresher look n aggresive advertising n corporate prog...

Within 1-2 yrs mbb was back on track...they start agreeing to union demand for 16% salary increase...most permanent staff star being given free esos to exercise regularly...

Back when i join sales department 4-5 years back...fuhh basic salary only 1.2k...but plus commission a good sales ppl under mbb rarely earn less than rm8-10k per mth....they approve credit cards easily...

Now? Hit 100% target also max commission 1800...basuc increase abit 1750-2150 range...loans approval rate drop 5-8% for personal loan n 25-30% for credit cards...npl creeping up...

A lot of talented sales ppl run to other place once commission scheme slashed 50-75%...

80-85% of their sales force unable to hit monthly sales target...

So i ve watched mbb grow frm stuggling phase until steady rise and getting wealthy...now they are back being complacent n in their comfort zone...

My 2 cents they will start being on a slow decline until nxt yr...the cycles seems to repeat itself...

mine CIMB banker resign too... 

mine condo fire blanket hv to get somebody to claw back. Bank turnaround too also huge.

are you holding any?

me loyal still holding