Baymax's comment on MAYBANK. All Comments
Baymax
23 Like · Reply
DRP option for electable portion dividend of RM0.21 is online already. You may check your email or go online at Boardroom website, select corporate exercise and choose your reinvestment option.

Exercise price is RM7.55 which in my opinion is awesome.

A charges of RM13 payable online is applicable.

The newly allotted shares and balance of unelected portion will be payable to u in cash by transferring into ur bank account on 28/6/2021.

Closing date for DRP is 16/6/2021.

If you choose not to exercise this option, u can just ignore it and all portion of dividend RM0.385 will be payable to u in cash.

Stay safe & may the Tiger will bull run up to the Top. Awaiting the next awesome dividend payout.
Report
Show more
3 years · edited · translate ·
Fortune Family Office
Yaya... fast fast click
1 Like · 3 years · translate
Fortune Family Office
Give you a like ;)
1 Like · 3 years · translate
Benjamin Ang
can pinjam ask ask, if maximum reinvest share is odd like 23units, how to sell in later time?
Like · 3 years · translate
Baymax
@Benjamin Ang ,I recommend not to opt for odd unit as it is non sellable in the market. Choose with options of 100units. If not enough, I advise u to opt for cash instead. Hope this answer your query.
2 Like · 3 years · translate
Benjamin Ang
@Baymax thanks baymax for the suggestion, I read some articles also suggest that if the lot is not many better cash out as the gain is not significant.
Like · 3 years · translate
Choy Sun
But why not keep odd units for later? You'll still get divvy. Furthermore, there will be future DRP. You can accumulate until units of 100. Unless you don't intend to invest in Maybank further.
Like · 3 years · translate
Fortune Family Office
odd lot won't harm you la.. no hurry to sell or buy, the fees are costly anyways. Just let it be, next drp any extra becomes nice whole meowing lot ;)
1 Like · 3 years · translate
Fortune Family Office
Not really... I almost never buy/sell my current odd lots ;) But I do queue to buy/sell at a larger spread which would profit when matched (^.^)/$$$
2 Like · 3 years · translate
Tim Lee Donghye
My drp entitled to 2221 units. I just apply for 2200 units. The odd lots exchange for cash. Simple
Like · 3 years · translate
Fortune Family Office
Ah... Meow standardised all drp because reinvest at lower price (^.^)
Like · 3 years · translate
Lalabubu Lim
waiting for 6.99 this year.
Like · 3 years · translate
Fortune Family Office
waa.... 8~8.50 ma...
Like · 3 years · translate
Lalabubu Lim
march hit 8.50 you didnt take profit meh ??
Like · 3 years · translate
Fortune Family Office
got... dividend and capital gains, both got
Like · 3 years · translate
Fortune Family Office
Haiz.... already said lor...
Like · 3 years · translate
Baymax
Example, although on previous QR3 Y2020 u buy @ 8.20, u will not lose now because the dividend yield is already 0.52. Bank always pay good dividend. Put it as your life savings. Year 2022 will be an amazing year. Cheers.
1 Like · 3 years · translate
Lalabubu Lim
banks are down sizing employees
if banks doing good why cut staff cut gaji ??
better run now while you still can
1 Like · 3 years · translate
金融科技
爽歪歪。。。。。。。。
Like · 3 years · translate
Fortune Family Office
huat huat... sad huat, cheap shares only deliver end of June :(((
Like · 3 years · translate
Lalabubu Lim
Inflation is a challenge for banks. Banks make money by selling loans, and if inflation is high then real interest might be extremely low, and even negative thus hurting earnings growth.
Like · 3 years · translate
Fortune Family Office
Hm?... not other way round? inflation puts pressure to raise interest rate, so bank better margin
1 Like · 3 years · translate
Lalabubu Lim
hmm will see few months late
Like · 3 years · translate
Lalabubu Lim
pay cut edi
inflation starting
raise intersts rate i dont think so gua..
Like · 3 years · translate
Baymax
It is economy trend. Now interest rate is being suppressed to assist the affected one during this pandemic. Believe next year interest rate will goes up to par with the inflation rate. If interest rate dont goes up by then, the country economy will be unsustainable. And eventually with current vaccination speed, if by October ‘21 we can achieved immunity herds, year 2022 will be a giant leap in economy. Bank will be the most profitable then. Cheers, your money, your call.
Show more
Like · 3 years · translate
Lalabubu Lim
malaysia economy is always unstable matcha. you didnt know ??
Like · 3 years · translate
Lalabubu Lim
now gov going to attack bank edi.
Like · 3 years · translate
Tim Lee Donghye
So many negative perception & yet you still here. Wonder why?
Like · 3 years · translate
Lalabubu Lim
here's a senario
retail suffer gov suggest borrow loan
to survive. next retail increase price consumers not happy spend less. in the end what do you think ?? big drama coming soon.
Like · 3 years · translate
Lalabubu Lim
suggest landloard delay increase rentals when economy open back can ?? so retails can relax abit.
Like · 3 years · translate
Lalabubu Lim
luka belum sembuh landlord cucuk luka lagi. semua mati nanti.
Like · 3 years · translate
Tim Lee Donghye
I don't understand much malay language
Like · 3 years · translate
Lalabubu Lim
wound havn't heal landlord poke the wound again.
Like · 3 years · translate
Fortune Family Office
I on owner side ;) can't afford, shift out. Now lotz people offer buy my properties :P
Like · 3 years · translate
Lalabubu Lim
only if location is good. the bad ones 3 years + still not uet get rentals. good luck fortune cat. keep on buying everyday ...
Like · 3 years · translate
Fortune Family Office
more and more $$$ in circulation already ;)
Like · 3 years · translate
Fortune Family Office
No la... those are money matket instrument. They're kinda steady oo... epf also does that, like >50% (^.^)
Like · 3 years · translate
Tim Lee Donghye
My dad said bond are safe investment. My grandfather also invested in Korean bonds market.
Like · 3 years · translate
Fortune Family Office
@tim lee, which side of korea important... north and south
Like · 3 years · translate
金融科技
我回家告诉我妈妈，，你欺负我
Like · 3 years · translate
Fortune Family Office
@ss tan, lolol.... and hi... morning
Like · 3 years · translate
Fortune Family Office
@ss tan, my serba thread... alot opinion, go look
Like · 3 years · translate
金融科技
屎吧名字不吉利。。。。。。
Like · 3 years · translate
Tim Lee Donghye
South Korea Market. I never visit North before
Like · 3 years · translate
Fortune Family Office
@tim lee, haha.. jk jk only la.. where got want north... yea, your there then samsung control alotz
Like · 3 years · translate
Baymax
Target TP8.9 by many IB.. hope the Tiger will roar to the top. Blue chips counter will be the trend now. Investors now will start to go for profitable company, with good dividend and in addition to that, a lot of counters out there now with very low PE and will be on IB radars for the next trend.
Show more
Like · 3 years · translate
Fortune Family Office
Yep... tiger is our benchmark :) mainly going to be just steady... But, pressure on interest rate rise would help all banks :)
Like · 3 years · translate
Baymax
QR is coming, dividend is coming… accumulates…
Like · 3 years · translate
Baymax
TP8.30 ……….. 8.50……..8.75………8.99……..9.06
2 Like · 3 years · translate
Baymax
Tommorow will see continue uptrend with next immediate resistant of 8.40 and 8.60
With this week a lot of bank giving out QR result, expecting hefty profit and declare dividends to the investors.
2 Like · 3 years · translate
Baymax
Marvelous 28 cents dividend payout…. Gogogogo up up up
Like · 3 years · translate
Edmund M
Full cash dividend & no drp this time
Like · 3 years · translate
Baymax
Next TP 8.50
Like · 3 years · translate
Baymax
DRP is applicable for this round dividend. Very good.. continue to accumulate Maybank shares
Like · 3 years · translate
Tim Lee Donghye
장기 투자를 위해 유지
Like · 3 years · translate
金融科技
两百张老虎。。。。等下去看车
Like · 3 years · translate
Calvin Wai
So DRP is applicable for the upcoming 21 cents div? I’m ready !
Like · 3 years · translate
Baymax
Calvin, its 28cents dividend.
14cents can opt for DRP
14cents is compulsory cash payout
Like · 3 years · translate
Alvin Au
when is the exdate?
Like · 3 years · translate
Teck Poh Lai
Hi all, am newbie and a question to the DRIP. Last DRIP was RM7.55, so does it mean we are getting the stock price at RM7.55 and it will average down my current holding stock price say at RM9? or it's just increase the number of my stocks only?
Show more
Like · 3 years · translate
Cw Lim
wont average down the cost， just increase the holding
1 Like · 3 years · translate
Choy Sun
I don't think DRP at 7.55. Surely higher right? Wait for announcement la :p
Like · 3 years · translate
Min Kuan Lau
Confirm...is dividen is 0.28 sen reported in the edge... Ex date wait for official but likely december not now....
Like · 3 years · translate
Cw Lim
normally September confirm and pay out October la, wont wait till December
Like · 3 years · translate
Baymax
The 14 cents which can be opt for DRP, it is suggested that if you hold more than 10k unit of MBB shares only you might consider to utilize the DRP option. If not better off take cash as we dont want to have a DRP shares of less than 100unit as it is usually difficult to sell next time.
Looking at the play, this round DRP might be price at region of 7.80
Still maintained 1st TP at 9. Next year to 10.
Just my 2cents opinion.
Show more
2 Like · 3 years · translate
Nathan Tan
baymax would like to ask for your advise, if let's say I'm a long term holder isn't that DRP wouldn't be an issue cause I'm not selling so soon? newbie seek for advise here..
Like · 3 years · translate
c ng
Having Odd Lots After DRP

Throughout the investing journey, there are some people who do not recommend us to apply for the DRP. One reason is that we will end up having odd lots after DRP is executed. Odd lots are referring to the lots that are not in a hundred share units, eg. 56 units.
In Bursa Malaysia, the share transactions are usually in lots, where one lot is equivalent to 100 units share. If we purchase shares in less than 100 units, for instance, 56 units, then we call that an odd lot.
Show more
Like · 3 years · translate
Shahrul Sahir
shouldn't be an issue. just choose the no of units under DRP to make up the good units.
Like · 3 years · translate
ysyschong
DRP is a better option as normally 10% cheaper vs ex price. We can always opt to buy odd lot to mark up 100 share. No big deal.
Like · 3 years · translate
Choy Sun
Guys, don't need to worry about odd lots if you are investing for long term la. You can level off the odd lots when you intend to sell later. E.g. When odd lots is 56, just opt for 44 units at the next DRP lo. :p
Show more
1 Like · 3 years · translate
Tim Lee Donghye
My previous DRP was allotted 2,256 shares. My mom told me to select 2,200. We can decide on the numbers
Like · 3 years · translate
Baymax
Nathan, I think most of the above explanations is good enough for you to decide. Holding long terms would mean anything longer than a year. No matter what choice u make, Maybank has never fail me since holding from yr 2020 till now.
But of course capital appreciation will be a bit slow compare to CIMB. Each have its pro and con. Conclusion is buying bank stocks is not for speculative, its a long term investment.
Happy Investing.
Show more
1 Like · 3 years · translate
Baymax
As predicted, the DRP confirmed at RM7.80 for the 14 cents dividend.
Ex-date will be 22/9/2021 and option to respond for DRP will end on 11/10/2021.
You will be able to see the option form on 27/9/2021 at Boardroom Share Registrar and will be able to subcribe it online.
Balance 14cents will be paid in cash on 21/10/2021.
Show more
2 Like · 3 years · translate
Baymax
Will start engine TP to 8.69 before the ex-date on 22/09/2021.
Like · 3 years · translate
c ng
Baymax fingers cross........
Like · 3 years · translate
Min Kuan Lau
Bay max... I hope sooon 8.69....but....it will not...
Like · 3 years · translate
金融科技
投资一间公司，要长期思维，，和公司共同成长。。
Like · 3 years · translate
Baymax
Unexpected news on the MoF instructing banks to work on interest payment exemption for recipients of loan moratorium for 3 months till end of December 2021 will have minimal impact to bank as bankers now is very strict and not everyone is entitled for the current moratorium like before.

No buy sell call, just my humble 2cents opinion.
Show more
Like · 3 years · translate
4 B
Baymax, I thought this round of moratorium is “ once apply, must approve” kinda of thing. No question ask. No need supporting docs
Like · 3 years · translate
Baymax
this will only involve moratorium recipients in the B50 segment, which is the bottom 50% of all Malaysians in terms of income classification. The planned exemption from interest payments will be applicable for a period of three months in the fourth quarter of this year, so from October to December 2021.
Show more
Like · 3 years · translate
Tiu Kok Fai
Don't forget that the populist interest-free loan extension was first proposed by dap party politician nobita lim，teach him something about at the next general election.
1 Like · 3 years · translate
Baymax
DRP option is already available on Boardroom Share Registrar website. Remember for those who choose the DRP option, make sure log in online and do it before 11/10/2021. A fee of RM13 is applicable and can be paid online via FPX online. DRP price is RM7.80
Show more
Like · 3 years · translate
Baymax
Maybank TP still above 9.
Like · 3 years · translate
Baymax
Dividend bank in today.. Having my big meal today :) DRP shares will be listed tomorrow. Hoping for more to come. The Tiger is worth more than this.. lets roar..
Like · 3 years · translate
Baymax
Expected next QR will be out on 26/11/2021. Will start to pick up momentum very soon. Tiger is awaken
Like · 3 years · translate