CIMB (1023): Substantial Holder Shares Transactions

https://theedgemalaysia.com/node/710031
Corruption money flow out to South Sudan

0 seconds ago

1 week ago

*Roots of Wealth, Leaves of Green*

In the fertile soil of time, we sow our seeds, Investments planted, dreams taking root, Beneath the sun’s watchful gaze, they feed, as seasons turn, our fortunes take flight.

*The Sapling of Risk*: Like a young tree reaching for the sky, We risk our capital, hope in our eyes, Branches of stocks, bonds, and ventures high, Weathering storms, seeking growth that flies.

*The Canopy of Patience*: Patience, our sturdy trunk, stands tall, As years stretch wide, our portfolios grow, Compound interest whispers secrets to all, A forest of wealth, where wisdom flows.

*The Leaves of Diversification*: Each leaf a company, a sector, a chance, Dancing in harmony, they catch the light, Tech, energy, healthcare—a vibrant dance, Diversify well, and your future takes flight.

*The Seasons of Volatility*: Autumn leaves fall, markets ebb and flow, Fear and greed sway our hearts’ compass, yet resilience blooms, like spring’s first glow, Hold steady, my friend, through every impasse.

*The Harvest of Wisdom*: As trees mature, so do we, my dear, Lessons etched in rings, stories untold, Prune away excess, embrace what’s clear, Harvest wisdom’s fruit, a legacy to hold.

*The Forest of Legacy*: And when our days wane, like golden leaves, Our legacy remains—an orchard of grace, Investments and trees, intertwined beliefs, For wealth grows not just in numbers but space.

So let us tend our portfolios and plant our trees, for in their growth, we find life’s symphony, Roots of wealth, leaves of green, dancing free, Investment and nature—a harmonious melody.

1 week ago

* Significant ASEAN regional exposure
* Stakes in Touch n Go and Principal Asset Management

Please welcome me to the club, just bought in today.😋

1 week ago

Welcome to the Club

1 week ago

I am also in the process of balancing MBB & CIMB :p

1 week ago

https://www.theedgesingapore.com/capital/results/dbs-hits-milestone-100-billion-cap-record-1qfy2024-fed-stance

DBS Group Holdings has hit the milestone market cap of $100 billion after its share price gained this morning following yet another record net profit of $2.96 billion for the 1QFY2024 ended March 31, 15% higher y-o-y and 24% higher q-o-q.

The 1QFY2024 net profit is also well above a Bloomberg poll of $2.465 billion for the first quarter. While the year is still young, DBS may well meet and possibly beat FY2023's record-breaking $10 billion.

As at 9.16am, DBS shares changed hands at $35.92, up 3.01%, valuing the company at $102 billion.

1 week ago

yielder

is DBS safe to invest? most of the reits listed there is not performing. they may drag the banks down

1 day ago

Jakarta. The Economic Research and Community Institute (LPEM) of the Faculty of Economics and Business (FEB) at the University of Indonesia (UI) has forecasted that economic growth for the first quarter of 2024 will range between 5.12 percent and 5.17 percent.

"In the first quarter of 2024, GDP is estimated to grow between 5.12 percent and 5.17 percent, and between 5 percent and 5.1 percent for the entire year, driven by domestic consumption and investment realization," said Teuku Riefky, a macroeconomics and financial market economist at LPEM FEB UI, in the Indonesia Economic Outlook Macro Analysis Series Quarter II 2024 report received on Sunday.

Despite a robust first-quarter investment, totaling Rp 401.5 trillion, a 22.1 percent year-on-year (yoy) increase, the trade balance experienced a decline. The trade surplus fell to $7.34 billion in the first quarter of 2024, a 39.4 percent decrease from the same period last year.

Meanwhile, the 2024 elections, accompanied by several long holiday periods, have the potential to boost overall consumption. Furthermore, the seasonal celebration of Ramadan could further drive economic growth.

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"On the other hand, investment realization far exceeding the target reflects investors' confidence in Indonesia's current economic prospects," explained Riefky.

Finance Minister Sri Mulyani Indrawati predicted that economic growth in the first quarter of 2024 would reach 5.17 percent. The performance of economic growth in the first quarter of 2024 is still supported by household consumption.

However, it is hampered by the performance of exports and imports, which often face contractions due to the impact of global economic turmoil.

Sri Mulyani stated that with good performance from consumers, manufacturing, foreign direct investment (FDI), and the Purchasing Managers' Index (PMI), the prediction for the first quarter of 2024 will see growth at 5.17 percent.

"In January-March 2024, we estimate that it will still remain above 5 percent. However, we are cautious about the turbulence occurring in the global economy," said Sri Mulyani.

0 seconds ago

yielder is DBS safe to invest? most of the reits listed there is not performing. they may drag the banks down
05/05/2024 2:21 PM

Why not?

DBS Group Holdings Ltd (SGX: D05) showcases robust Q1 FY2024 performance, with a 15% YoY surge in net profit, hinting at surpassing FY2023's S$10 billion profit milestone.

17 hours ago

An interim dividend of 54 cents has been declared.

1 week ago

vinvin

Why Singapore share? Too expensive with the exchange rate!

1 week ago

yielder

the issue is most of the government linked companies are not doing well, and these banks are highly exposed to Reit. if any serious downturn, there may be large defaults

0 seconds ago

Who cares about fundamentals in a Bull market?

2024-01-26 16:19

REITs borrow money from banks and sometimes by going direct to capital markets

High finance costs eat into their NPI, but they are still making money i.e. profitable

No problem to banks, unless you start seeing REITs getting worryingly low occupancy rates and tenancy retention. Not seeing that yet.

1 week ago

for all market trends ,whether bullish or bearish ,they are determined by underlying fundamentals, and intrinsic values.

1 week ago

U never heard of the saying "A rising tide raises all boats"?

0 seconds ago

a tsunami can sink all all boats, especially those with weak fundamentals

1 week ago

troy88

Congrats to holders. RM7+ coming!

1 week ago

if CIMB is "weak fundamental", many can go into longkang d hahahahaha

1 week ago

Nobody say cimb poor fundamentals. Read the thread properly

1 week ago

Getting volatile leh, till don't know what price to Q.... :p

0 seconds ago

https://www.freemalaysiatoday.com/category/nation/2024/05/07/stop-dealing-with-israel-friendly-firms-bds-msia-urges-govt/

2024-01-29 17:22

price consolidates, and will test new high.

2024-02-05 09:19

The Real Trick To Investing Is — Patience.
You need patience to see the stock go to the bottom.
And you need patience to see the stock go to the top.
And you also need patience to see the stock to skyrocket.
And then you also need patience to see your compound dividends coming in every single month or quarterly.

Charlie Munger once said, “The big money doesn’t come from the trading every single day, but from patience of wait-and-do-nothing.”

So, if you want to make big money with patience…

Warren Meow

2024-02-07 06:11

https://focusmalaysia.my/engage-launches-freedom-fund-2-0-to-crowdfund-for-clare-rewcastle-brown-gerakbudaya-and-vinlee-press/
pls donate

5 days ago

Jakarta. Indonesia's wealthiest conglomerate, Prajogo Pangestu, has secured the 25th position on Forbes' Real-Time Billionaires List, according to the latest update released Monday.

Prajogo's net worth now stands at US$ 62.8 billion or Rp 1,009 trillion, marking a significant increase from the $5.3 billion recorded in 2023.

The surge in Pangestu's wealth corresponds with the rise in stock prices of his companies, including petrochemical and energy company Barito Pacific (BRPT), its mining unit Petrindo Jaya Kreasi (CUAN), and geothermal company Barito Renewables Energy.

While Barito Renewables Energy and Barito Pacific experienced a decline in net profit in the first quarter of 2024, Petrindo Jaya recorded a surge in net profit by 380.83 percent to $30.17 million.

BREN, a subsidiary company, is leading the pack with the largest market capitalization on the Indonesia Stock Exchange (IDX), valued at Rp 1,291 trillion. BREN shares closed at Rp 9,650 at the end of trading on Friday, showing an increase of 26.97 percent year-to-date (ytd) in 2024.

In addition to Prajogo, the top five richest individuals in Indonesia include Low Tuck Kwong, R. Budi Hartono, Michael Hartono, and Sri Prakash Lohia with net worths of $26.2 billion, $23.8 billion, $22.9 billion, and $8.4 billion respectively.

Through the Barito group, Prajogo Pangestu manages businesses covering various sectors, from the timber industry to petrochemicals. Prajogo's career began as a minibus driver before joining the Djajanti Group in 1969, where he managed forest concession rights in Central Kalimantan.

Leveraging his experience in the timber industry, Prajogo established his own business in the late 1980s by founding CV Pacific Lumber Coy, which later evolved into Barito Pacific Timber.

In 2007, Barito Pacific diversified into the petrochemical sector by acquiring Chandra Asri Pacific (TPIA), becoming Indonesia's largest petrochemical producer.

Additionally, Prajogo expanded his business portfolio to include the coal industry through Petrindo Jaya Kreasi, which went public (IPO) in 2023.

Prajogo Pangestu also assumed control of Petrosea (PTRO) after Petrindo Jaya Kreasi, through its subsidiary, Kreasi Jasa Persada (KJP), acquired 34 percent of PTRO shares previously owned by Caraka Reksa Optima (CRO), a company owned by conglomerate Robert Nitiyudo Wachjo.

2 days ago

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

1 week ago

i m having a more optimistic view then above, Indonesia bussiness are robust,
A UP SWING CYCYE is now in the making,following Indian and vietnam for examplem ,malaysian companies should take advantage in Indonesin.

1 day ago