【MAYBANK 1155 交流专区】马银行

renwee510

如果跌破7.50的话，7块钱应该有看头

西甲霸王

老虎变病虎

stereo

原帖由 西甲霸王 于 6-5-2008 09:12 AM 发表
老虎变病虎

是病猫才对

西甲霸王

真的庆幸早卖了老虎，本来还担心会错过它的涨潮，时时刻刻在盯着它的股价。想趁低吸购的，现在看来这是无底洞呀，也终于明白为何之前那么多票丢出来了。。。。我们散户真可悲啊，什么事都是最后才知道。。。

Mr.Business

新闻。

Tuesday May 6, 2008
Can Wahid take Maybank to new heights?
Comment by YAP LENG KUEN

In a fast moving environment, what does Maybank have to offer to justify itself as a leader? Datuk Seri Abdul Wahid Omar has barely stepped in as president and CEO and Maybank has already acquired three banks. Industry experts and rivals are now waiting with bated breath to see what new manoeuvres are in store.

IMAGINE a conversation between Datuk Seri Abdul Wahid Omar, newly-appointed president and CEO of Malayan Banking Bhd (Maybank), and Datuk Nazir Razak, group chief executive of Bumiputra-Commerce Holdings Bhd (BCHB).

The fast-moving Nazir would have mentioned to Wahid that Maybank, being so large and so successful, would be harder to move than CIMB Bank, the banking arm of BCHB. CIMB Bank has literally come up from “ground zero” although it belongs to a group with a strong investment bank.

Wahid, cool as ever, would have probably smiled and thought: “Just watch me.”

Within 1½ months, Maybank has acquired three banks although, on an official basis, Wahid stepped in just a few days ago. Execution of the deals now sits squarely on his shoulders and the first deal with Bank Internasional Indonesia had met the wrath of investors who deemed it too expensive.

People at Maybank worked through the weekend to prepare for yesterday’s press conference. Wahid is himself said to be working late into the night, having sent e-mail to staff to greet them on his first day of work.

He is also said to be moving fast. Some reportedly “got a shock” at the pace. In line with his mandate to re-invent and re-energise the bank, more shocks could be in the offing.

In just days, he has been noticed as being thorough, asking a lot of questions. Prudence seems to be among his top priorities. At one moment during yesterday’s press conference, he even sounded like former president/CEO Datuk Amirsham A. Aziz when he kept talking about Tier 1 capital and capital ratios!

Not to be left behind, Nazir also announced his plan to set up more representative offices in the region. This may not be much at the moment but it is a stepping stone to bigger ambitions, for example, in Shanghai.

It is a sign of the times. Banks, in a liberalised environment, are going on a regional expansion spree. Besides that, industry watchers are also agog at how Wahid and Nazir, both in their mid-40s, are challenging each other to stay ahead.

Can Wahid give Nazir a run for his money? Probably. By taking over the largest bank in the country, Wahid has to, first of all, prove his mettle. In the near future, people will be watching for bold and right steps that would revitalise the giant banking group. His resolve in dealing with staff and directors remains to be tested.

All eyes will be on what he did previously as CEO of Telekom Malaysia Bhd where he was faced with legacy infrastructure and cultural issues. He had changed senior management and made tough decisions such as embarking on a voluntary separation scheme to eke out some growth and dynamism at the lumbering giant.

“Ultimately, it is returns to shareholders,” Wahid said yesterday. “We are keen to expand but we must never lose our focus on domestic operations. Top on my agenda is to further strengthen our domestic base.”

He sees similarities in banking and the telecoms industry. It is the focus on customers and responding to their ever-changing needs.

Service quality is probably one of the first things Wahid will enhance. People walking into the refurbished CIMB Bank outlets tell of faster service.

Maybank has invested heavily in automation. Its online banking at Maybank2U is vibrant and popular. As a further improvement, people may expect swifter service at physical locations.

Fundamentally, Maybank is doing well but to change direction still takes time. CIMB hogs the limelight for being able to effect changes fast but the man who has been able to steer his bank in the right direction and speed appears to be Tan Sri Teh Hong Piow of Public Bank Bhd.

In terms of market capitalisation, Public Bank is already top and that speaks volumes for his work. To make the Maybank stock more appealing, Wahid certainly has a big task ahead.

http://biz.thestar.com.my/news/s ... 38&sec=business

Mr.Business

新闻。

Tuesday May 6, 2008
More regional M&As may be in store
News analysis
By ELAINE ANG

MALAYAN Banking Bhd's (Maybank) spate of bank acquisitions recently could help spur more regional merger and acquisition (M&A) activities among domestic industry players.

Bumiputra-Commerce Holdings Bhd (BCHB) is said to be eyeing Thailand, Vietnam and India to expand further regionally while RHB Capital Bhd has also stated its intentions to go regional.

There could even be another acquisition in the pipeline for Maybank especially in Thailand.

“It is possible that the bigger players will move more quickly now if they are looking for acquisitions in the Asian region as valuations are not cheap. There are also fewer banks left to acquire.

“However, our banks could also be thinking twice before rushing into any acquisitions if valuations are high especially after the negative feedback Maybank received,” an analyst said.

The local banking industry, especially the bigger boys, has always set its sights on expanding regionally and things seem to have heated up.

“It looks like the foreign flavour is the 'in' thing for the banking industry now,” another analyst said.

Barely five months into the year, Maybank has announced the acquisition of stakes in three banks – An Binh Bank in Vietnam, PT Bank Internasional Indonesia and MCB Bank Ltd in Pakistan.

BCHB has also been pretty active in the M&A scene this year with the announcement that it would acquire a 19.99% stake in China's Bank of Yingkou in March.

Other players such as AMMB Holdings Bhd, Affin Holdings Bhd and Alliance Financial Group Bhd have also struck up strategic alliances with foreign players.

However, despite their aggressive ventures overseas, the domestic market remains the bread and butter for Malaysian banks.

For financial year 2007, overseas operations accounted for only 14.7% of Maybank's pre-tax profit (22% if the recent acquisitions are taken into consideration), 19% for BCHB and 14.5% for Public Bank Bhd (PBB).

Maybank president and chief executive officer Datuk Seri Abdul Wahid Omar has said the group planned to revitalise its Malaysian franchise going forward thus attesting to the importance of the domestic market to the group.

A banking analyst said it is possible for banks to still do well in the domestic market as long as they are run efficiently and effectively, provide great service and customise their products according to consumer needs.

“This is what PBB has been doing.

“The smaller local banks will also have to strengthen their domestic operations, for example, improve asset quality and return on equity before they can look at M&As in emerging markets overseas for higher growth,” he added.

Venturing overseas and acquiring banks may look very glamorous but it could turn out to be an expensive exercise laden with risks. Nevertheless, most analysts concur that it seems to be the way forward for Malaysian banks for business growth.

http://biz.thestar.com.my/news/s ... 72&sec=business

我不难过

一大堆8块多投机的这轮烧到手了。别乱抛售，收多几个月才看吧。
fibonacci的算法果然有根据，7.50这样的resistance都算的算很准了。

Mr.Business

原帖由 JeanGrey 于 5-5-2008 06:08 PM 发表
那么你觉得老虎银行的总裁，对他的结婚对象了解够了吗？

我担心他同时娶这么多太太。会应付不来。而且给了这么高的价钱，对小股东合理吗？

Mr.Business

新闻。

Comment:
Let’s give Maybank a chance to prove itself
       
Published: 2008/05/06

FOR a bank that has stayed prudent for so many years, Malayan Banking Bhd's sudden acquired taste for aggressive transactions may not go down well with investors.

The top lender, long criticised as being slow to expand abroad, has made three major purchases in just two months.

The breakneck speed at which it committed RM11.5 billion for the three banks in Vietnam, Indonesia and Pakistan in a series of almost back-to-back announcements is dizzying. More so at a time when most economies in the world are staring a slowdown in the face.

"Yes, they need to expand. But at what cost and at what stage of the economic cycle? It's not like they are scooping up bargains at the bottom of a deep recession where asset values will shoot up as growth recover. Shares in general have rallied quite a bit already," said a fund manager.

Most of the Maybank deals are not cheap.

The lender's shares have slid 11 per cent since late March, when it said it would control Bank Internasional Indonesia (BII) in the most expensive banking transaction ever in that country.

The stock may be punished further when trading in Maybank shares resumes this morning after a third purchase was announced yesterday.

Although Pakistan's MCB Bank is of higher quality than BII, sceptics said the deal still looks pricey since Maybank is only buying a maximum of 20 per cent share and it has no management control in the lender.

However, OSK Research banking analyst Chan Ken Yew argued that the high price is justified considering MCB Bank's high return on equity (ROE) of 38 per cent.

"If Public Bank with 25 per cent ROE can trade at four times book value, then why is MCB Bank expensive at 5.1 times book?" he asked. But Chan was quick to add that the price may seem fair only from the pure financial standpoints. Country risk in Pakistan is obviously much higher than in Malaysia, he noted.

Maybank could have succumbed to peer pressure to expand abroad so urgently, as close rivals like Bumiputra-Commerce Holdings Bhd and Public Bank Bhd had already made moves successfully.

Maybank may also have been desperate to meet its own performance target as the 12 to 24 months deadline it had set for itself to find suitable overseas purchase drew closer.

But Maybank needs to be careful.

A fund manager pointed to the experience of HSBC Bank, which had made good calls for over a century by scooping up bargains during times of crisis.

"And then they decided that the US market was a 'must have' if HSBC were to grow, so they bought Household International in the US at a time when the housing market was booming," he said.

The global banking giant later paid a high price when the subprime crisis hit, making huge write-downs from the investment.

The HSBC example is definitely a drastic one, and with a small Malaysian market, Maybank has no choice but to expand overseas.

Even BCHB shares were punished when the group bought Bank Niaga in Indonesia, but the decision to expand was proven right a few years later. Thus, it is only fair that Maybank be given the chance to prove itself in executing the acquisition synergies.

Maybank may not be a good bargain hunter, but let's hope it will do better in execution to extract value that will justify the high prices.

http://www.btimes.com.my/Current ... /Article/index_html

renwee510

哈哈！和我一样庆幸！幸好早跑！
还是亏水钱跑，本来怕错过了，哪里知道越看越不对劲了

superchick

原帖由 renwee510 于 6-5-2008 09:40 AM 发表
哈哈！和我一样庆幸！幸好早跑！
还是亏水钱跑，本来怕错过了，哪里知道越看越不对劲了

幸灾乐祸了。

renwee510

为自己感到庆幸而已
今天从bursa看到最低还有7.50，还不够力？
手上有票的可能要趁低吸购了，不然不乐观。

西甲霸王

不用太急着收票啦， 等明朗化一些。 之前我也犯过average down 的太早，股价一路向南但已经没有子弹再买了。那时真的是住套房每天祈祷罢了。看到其他股要跑都没有机会上车了。先看定一点啦， 会不会跌到7块以下都没有人懂。。。

publicpang

不要以为7。50买到很爽。。。趁还有0。10赚。。。丢票吧。。。

ah-b

原帖由 renwee510 于 6-5-2008 09:40 AM 发表
哈哈！和我一样庆幸！幸好早跑！
还是亏水钱跑，本来怕错过了，哪里知道越看越不对劲了

你才亏水钱,我亏两百多都卖掉~
之前我都有说过这股不对路了,亏钱卖掉买别的股更好,
原来我的预感是对的~

prince

没什么注意mb，不过看来他是想跟大众对着干了，一下子收购了那么多银行，我看mb是欲速则不达，凶多吉少！！！

loong81

差点儿就被母老虎咬到

悶蛋

原帖由 ah-b 于 6-5-2008 03:13 PM 发表

你才亏水钱,我亏两百多都卖掉~
之前我都有说过这股不对路了,亏钱卖掉买别的股更好,
原来我的预感是对的~

就因为你卖出,我打算买进了

ah-b

原帖由 悶蛋 于 6-5-2008 03:54 PM 发表

就因为你卖出,我打算买进了  

我卖8.30,你买几多?

湖俊

原帖由 湖俊 于 6-5-2008 02:58 发表
fibonacci retracement:
8.42
8.00
7.50
7.30

够勇就排7.50

今天见证了这个分割，明天的情况还是可能在8.00 - 7.50区域徘徊。