i think the indo bank provides profit of 10-15% (forgot the exact figure). if cut holding to 50%, means 5-7.5% profit cut. not too serious it seems. please correct me if i was wrong.

I was wondering is maybank undervalue? being the largest bank in malaysia, nicely recovers from bad condition since 2 years ago, obvious improvement from customers' point of view of their banking systems and services, fundamentally solid and capable as the highest dividend payment in bank sector.....trading below P/BV of CIMB and Pbbank....
I like to buy stocks when nobody likes it, and when I think it's cheap. Just my view.

I am worse than you, bought it at 8.80.
Now every IBs paper asking retailers to sell bank stocks, so they listen and follow.
That's the story why maybank, cimb, rhbcap, hlbank....all price came down a lot.
But, smaller banks such as bimb, mbsb etc. are moving upwards. If bank sector will be a disaster in coming years, wondering how smaller banks can earn better profit while bigger banks losing profit. Hardly make sense to me, as we all know local market is not so big, there is not much growth space locally. While big banks got the ability to reach out to the region and tap in large market such as indonesia and thailand.
Anyway, we all should know IB papers are usually short sighted. They give TP for 3-6 months time, not even 1 year, although they claim they are 1 year. Just my view.

Cool! I want to see 9.00.

I've absolutely no idea if it could go up. Sorry. I just think it worth that much. But judge your own please.