Tuesday, February 8, 2011

Malayan Banking Berhad


This bank has returned back on it's track record, overall i like it since the valuation wise appeared attractive to me, plus they always reward shareholder a steady dividend every year except during heavy impairment loss in 2009. Though, i'm still not convince with their acquisition of Bank in Pakistan, but i really like BII and the latest acquisition, Kim Eng. I think i should have some exposure in Indonesia through Maybank. At home, Maybank posted a solid earning with domestic saving grew at healthy rate and its Islamic Banking division also shows a good progress.

I qued at 8.82. Amen


Update- Bought Maybank RM8.82.


No comments:

Post a Comment