$AMBANK (1015.MY)$



The number of dividends is actually not important, the most important thing is to have a high dividend yield. It would be even better if the dividend can grow every year, that would be more attractive. However, if a company can distribute dividends every quarter, it at least proves that their cash flow is very robust, and they can use a sum of money every 3 months to distribute dividends. Some dividend-collecting investors like to receive dividends every quarter, and they favor such stocks.
It is also common for many large blue chip companies to distribute dividends twice a year, such as PBBANK, MAYBANK, IOICORP, KLK, PPB, SIME, CIMB, and TOPGLOV, etc. And as you can see, the dividend yield of large blue chip stocks is mostly below 3%...

$MAYBANK (1155.MY)$
$AMBANK (1015.MY)$
Hot stocks: Ma banks testing RM11.10 above.



Maybank (1155, main board financial stock) closed at 10.68 ringgit, up 26.0 sen or 2.59% daily.
Its stock price was sideways after breaking through the flag pattern, reaching a 52-week high.
Its daily relative strength index (RSI) indicator is at a level of 70.09.
Its stock price may experience resistance levels at 11.00-11.10 Malaysian Ringgit in the short term. Its support levels are at 10.60-10.70 Malaysian Ringgit.

$MAYBANK (1155.MY)$
In the second quarter, the domestic gross domestic product (GDP) achieved a better-than-expected growth rate of 5.9%, and investors entered the market with this favorable factor. The performance of banking stocks, which reflect economic growth indicators, is expected to improve accordingly. Market expectations are that the economy will grow well, and the performance of banks in terms of fee income and loan growth is also relatively ideal.
Based on the core role that banks play in the economy, investing in bank stocks is seen as a strategic measure.

$AMBANK (1015.MY)$
In the face of market turmoil, defense comes first
Bank stocks have become a safe haven


In the volatile global market situation, analysts believe that the Malaysian economy is relatively stable, and it is expected that foreign capital will continue to flow into the Malaysian stock market, especially the banking sector.Bank stocksThe banking sector, with its stable income and defensive nature, is considered a safe haven for foreign investors. Therefore, bank ratings have been upgraded from 'neutral' to 'shareholding'.
According to analysts at Xingye Research, the market will continue to be volatile in the next period due to events such as the US presidential election and the Federal Reserve's interest rate cut cycle.
In such times, analysts see bank stocks as defensive and a safe haven for investors.
Local banks have stable income as a support. Moreover, banks are optimistic about the future outlook. When this fact is proven, foreign institutional investors are expected to further increase their investments and profits.
"Local banks have stable income as a support. Moreover, banks are optimistic about the future outlook. When this fact is proven, foreign institutional investors are expected to further increase their investments and profits."
Industrial research pointed out that foreign institutional investors are already net buyers in the Malaysian stock market, with a net purchase of about 0.8666 billion US dollars of Malaysian stocks (about 3.7666 billion ringgit) so far this year.
Analysts expect that with the rebound in net interest income (NII), stable net interest margin (NIM), and continued loan expansion, the banking industry will achieve a net profit growth of about 6% in the fiscal years 2024 to 2026.
After the net interest margin of the banking industry decreased by 24 basis points annually last year, it will tend to stabilize this year. As the banking industry's business environment improves...

🩻🩻🩻🩻🩻
$99SMART (5326.MY)$

According to the Forbes real-time billionaire list,Li LianghuaNet assets amount to $2.8 billion, ranking 1198th on the global rich list and 7th on the Malaysia list.

$99SMART (5326.MY)$
According to Forbes' instant billionaire list,Li Lianghuawith a net worth of $2.8 billion, ranks 1198th in the global billionaire list and 7th on the Malaysian list, second only to Tan Sri Jeffrey Cheah, the founder and chairman of Sunway Group (SUNWAY, 5211, Main Board Industrial), whose fortune is $3 billion (about RM 13 billion).


🩻🩻🩻🩻
It is worth noting thatLi LianghuaAs soon as he made the list, he surpassed the total executive director of IOI Properties Group (IOIPG, 5249, main board property), Li Yaosheng, and the chairman of Genting (GENTING, 3182, main board consumer), Tan Sri Lim Kok Thay.

🩻🩻🩻🩻🩻🩻🩻🩻🩻
$99SMART (5326.MY)$
The biggest chain supermarket in the country, 99 Speed Mart, made its debut on the main board of Bursa Malaysia. It's a big day!
This largest IPO in Malaysia in 7 years will make its debut with a valuation of up to MYR 13.9 billion, which is unprecedented and has attracted much attention from the market.
This figure not only demonstrates the company's strong capabilities, but also worth noting is the total market cap of its retail companies, including the 2.3 billion Malaysian ringgit of 7-Eleven Holdings, the 2.2 billion Malaysian ringgit of Padini Holdings, and the 1.9 billion Malaysian ringgit of Aeon Stores.
Although 99 Speed Mart's market cap has surpassed many small and medium-sized consumer stocks, it has not yet surpassed the leading position of home decor retailer Mr. DIY (MRDIY, 5296, main board consumer stock) that went public in October 2020.
As of the close of today's market, Mr. DIY's market cap is approximately 19.4 billion Malaysian ringgit.
99 Speed Mart is valued at 13.9 billion Malaysian ringgit, equivalent to the sum of the following companies:
7-Eleven Holdings (SEM, 5250): 2.3 billion Malaysian ringgit
Padini Holdings (PADINI, 7052): 2.2 billion Malaysian ringgit
Aeon Stores (AEON, 6599): 1.9 billion Malaysian ringgit
Jaya Grocer: 1.8 billion Malaysian ringgit
Village...

$AMBANK (1015.MY)$
The profit will increase by 6.1% next year.

With continuous credit growth of 5.5%, expanding net interest margin, and slightly lower credit costs (21 basis points), the core net profit will increase by 6.1% next year, and the average ROE of banks will increase to 10.5%.
In addition, analysts believe that considering the unused management coverage reserves of most banks, it is expected that they can be gradually rolled back, bringing unexpected joy to credit costs.

Dinghai Divine Needle.
$AMBANK (1015.MY)$
Banks continue to play the role of the Dinghai Divine Needle, and the Malaysian stock market rose by 1.25 points in half a day.
Three banks with high market cap are rising together. Among them, Maybank (1155, main board financial services group) rose 8 cents to close at RM10.80; Public Bank (1295, main board financial services group) rose 4 cents to RM4.79; CIMB (1023, main board financial services group) rose 6 cents to RM8.22.

$AMBANK (1015.MY)$
🚀🚀🚀
💍💍💍
The following are some key points that investors need to consider when investing in bank stocks.
- Price-to-earnings ratio (P/E): The P/E ratio is the ratio of a bank's stock price to its earnings. This ratio reflects how much capital investors are willing to pay for the bank's earnings. Comparing this ratio to the industry or traditional average level, a lower P/E ratio may indicate that the bank's stock price is undervalued, while a higher ratio may suggest it is overvalued.
However, due to the cyclical nature of the banking industry's profitability, relying solely on the P/E ratio may not fully reflect the overall value.
- Price-to-book ratio (P/B): The P/B ratio is the ratio of a bank's market value (stock price) to its book value (assets minus liabilities per share). This is the most common measure used to evaluate bank stocks. A P/B ratio below 1 indicates that the bank's trading value is below its net asset value, potentially indicating undervaluation.
On the other hand, a P/B ratio above 1 indicates that the stock price is relatively expensive. For high-quality bank stocks, some premium may be considered reasonable.
- Return on Equity (ROE). ROE measures a bank's profitability relative to its equity, reflecting how effectively the bank uses shareholder equity to generate profits. A higher ROE indicates more efficient management and better profitability. Comparing the ROE of different banks helps identify which bank achieves the highest return on its invested equity.
● Net Interest Margin (NIM). Net Interest Margin measures the profitability of banks...