Highlights
KLSE: CIMB (1023)       CIMB GROUP HOLDINGS BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
4.00   -0.04 (0.99%)  3.98 - 4.08  6,169,400
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Overview

Market Cap: 39,692 Million
NOSH: 9,923 Million
Avg Volume (4 weeks):16,179,050
4 Weeks Range:3.82 - 4.38
4 Weeks Price Volatility (%):
32.14%
52 Weeks Range:2.90 - 5.15
52 Weeks Price Volatility (%):
48.89%
Average Price Target: 3.46
Price Target Upside/Downside: -0.54

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  27-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  28-Feb-2021
T4Q P/E | EY: 21.71  |  4.61%
T4Q DY | Payout %: 2.98%  |  64.62%
T4Q NAPS | P/NAPS: 5.5499  |  0.72
T4Q NP Margin | ROE: 10.10%  |  3.32%

Headlines

Date Subject
13-Jan-2021 TNG电子钱包获准售基金
04-Jan-2021 Trading Stocks - CIMB
04-Jan-2021 顶级手套跌出三甲 银行稳住江山
14-Dec-2020 Banking - Rainbow after the storm
10-Dec-2020 Stocks on Radar - CIMB Group (1023)
10-Dec-2020 Stocks On Radar - CIMB Group (1023)
08-Dec-2020 CIMB to stop lending for new thermal coal mines, coal-fired power plants
07-Dec-2020 [转贴] 5分钟看懂CIMB(1023) 2020年 Q3季报 季报马拉松第六集-业绩最烂的银行股? ~ 第一天
02-Dec-2020 3QCY20 Results Review - The View Looks Better Ahead
01-Dec-2020 Banking - Looking beyond the dark clouds
01-Dec-2020 Strategy - Malaysia: A cautious end to a roller-coaster year
30-Nov-2020 CIMB - Really Deep Provisions
30-Nov-2020 CIMB Group Holdings - Continued Asset Impairment Woes
30-Nov-2020 CIMB Group - Missing expectations
30-Nov-2020 CIMB Group - Further provisions for non-Malaysia markets in 3Q20
30-Nov-2020 CIMB Group - Another Lacklustre Quarter Driven by Elevated Provisions
30-Nov-2020 Mplus Market Pulse - 30 Nov 2020
30-Nov-2020 CIMB Group Holdings Berhad - Cleaning Up
23-Nov-2020 CIMB introduces expanded targeted payment assistance for B40, micro enterprises
16-Nov-2020 CIMB Group - Poor Indo performance

Business Background

CIMB Group Holdings Bhd is a full-service bank based primarily in Malaysia and other Association of Southeast Asian Nations. The bank’s offerings include consumer banking, commercial banking, investment banking, Islamic banking, and asset management products and services. Most of the bank’s income is derived from net interest income. The vast majority of the bank’s earning assets are in loans, advances, and financing, while its portfolio of financial investments constitutes the next largest portion. The bank’s strategy emphasizes cost control and digital banking.
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  16 people like this.
 
752_michael_chan Shorties must have influenced many investors to sell their shares.... We need positive and forward looking investors to be in this forum, not those pessimistic, everyday thinking sky is going to fall.
19/01/2021 7:43 AM
Thom1965 Yes..need more positive input here
19/01/2021 7:47 AM
WaterBlower Bang. Is not about positive and negative. Some people just telling real current situation. Not always pump in positive input eventhough is a lie

Should you tell a person who just recently lost their loved one that it is a good news where they deserves to die and you deserves better one?
19/01/2021 8:35 AM
apple168 OPR cut to be announced today! Good Luck!
19/01/2021 8:55 AM
Bgt 9963 CIMB...good luck...!
19/01/2021 8:55 AM
752_michael_chan Chiong ar..
19/01/2021 9:19 AM
crystalyc hi erm may i know what is OPR
19/01/2021 9:47 AM
WaterBlower Crystalyc OPR is Overnight Policy Rate which is the bank interest rate set by Bank Negara
OPR will directly affect the bank saving deposit rates and also the lending rates
19/01/2021 11:27 AM
Gunplakk On the contrary we need to make the sky fall so that we can profit from it... If it does not fall, how can I make a good spread? So it's not about spreading fake news and pushing it down... It's telling the situation as it is and for me, I really hope it drops. So that I can capitalize on it. So I will focus on the negative news. And the fact is that in the near term the sentiment is bad. Npl, moritorium, opr cuts and CIMB will have a poor q4 results... All these will push the share price down... So 350 to 380 is not impossible... Those looking to buy.... Think twice... There is more down pressure for now... The vaccine is already priced in. No more vaccine rally. Window dressing over. So sideline and hope for prices to drop. Gibbab!!!!!
19/01/2021 11:36 AM
JBond007 @Gunplakk....Skyfall? No lah, I think you watch too much of my James Bond 007 movie.
19/01/2021 12:55 PM
99newbie collecting
19/01/2021 2:51 PM
stkoay @JBond007.....Gunplakk sold already...now hoping to get back cheap...haha.
19/01/2021 4:18 PM
Gunplakk Yup I sold when it was 469 recently.... Been collecting since 415...but I want more at cheaper price!!! Only way we can make more is for it to drop. I hope opr don't get cut.. my FD all badly impacted. I set my next purchase price is 380 which I think is possible. The signs are not good for banking for now and now peninsula fully mco... So see la tomorrow. Maybe will drop
19/01/2021 9:49 PM
Riaz1954 There is no justification to drop OPR just yet given that CV rescue package has just been agreed. From pure economics point of OPR is not a precise tool, people impacted can be mor W targeted for help like moratorium on loans and direct help with salaries etc...OPR csn be used after the i pact of latest injection can be assessed. That’s my pennies worth. Let’s see tomorrow!
19/01/2021 11:46 PM
MoneyAndHoney Good Lord!
20/01/2021 6:50 AM
MoneyAndHoney Mashallah!
20/01/2021 6:50 AM
MoneyAndHoney All Malaysian states (except Sarawak) under MCO from Friday

https://www.channelnewsasia.com/news/asia/malaysia-covid-19-mco-all-states-except-sarawak-jan-22-feb-4-13993694
20/01/2021 6:50 AM
MoneyAndHoney Oh dear
20/01/2021 6:50 AM
zerocool7199 https://www.theedgemarkets.com/article/economists-expect-bnm-maintain-opr-tomorrow-after-fiscal-resources-deployed
20/01/2021 8:35 AM
Bgt 9963 Good morning...CIMB...!
20/01/2021 8:48 AM
752_michael_chan Hold on tight

https://www.zaobao.com.sg/zfinance/news/story20210120-1117693?xtor=CS2-20
20/01/2021 9:29 AM
Goldgent GREEN, GREEN, GREEN
20/01/2021 9:47 AM
WaterBlower Bang u kata turun....sekalang naik o....
20/01/2021 10:09 AM
maxx papa The Edge forecast BNM will announce no OPR change. Maybank 0.8%, why CIMB drop?
20/01/2021 10:24 AM
aliyusof No panic lah, this mco 2 is much lesser impact to mco 1 as all operations of most business continue this round.
20/01/2021 12:51 PM
apple168 Short9e!
20/01/2021 3:08 PM
chanjinone https://www.theedgemarkets.com/article/bank-negara-malaysia-keeps-overnight-policy-rate-175
20/01/2021 3:32 PM
kevinobc https://www.thestar.com.my/business/business-news/2021/01/20/bank-negara-maintains-opr-at-175
20/01/2021 3:37 PM
meadow1628 Wednesday, 20 Jan 2021 3:08 PM MYT
https://www.thestar.com.my/business/business-news/2021/01/20/bank-negara-maintains-opr-at-175

KUALA LUMPUR: Bank Negara Malaysia’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) unchanged at 1.75% during its meeting on Wednesday.
It said in a statement for Malaysia, the resurgence in Covid-19 cases and the introduction of targeted containment measures had affected the recovery momentum in the fourth quarter of 2020.
“As a result, growth for 2020 is expected to be near the lower end of the earlier forecasted range.
“For 2021, while near-term growth will be affected by the re-introduction of stricter containment measures, the impact will be less severe than that experienced in 2020, ” it said.
However, Bank Negara said the growth trajectory was projected to improve from the second quarter onwards.
20/01/2021 3:37 PM
kevinobc https://www.thestar.com.my/business/business-news/2021/01/20/bank-negara-maintains-opr-at-175
20/01/2021 3:37 PM
WaterBlower OPR maintain. Bank shoots up
20/01/2021 3:38 PM
WaterBlower Buy!!! All in now is the chance to push the price together
20/01/2021 3:39 PM
fisherman11 Last OPR cut on 7th July 2020, few days before that, the peak price was at 4.125. On 3rd Nov 2020, OPR continues maintain for 2nd time, the price climbed towards 4.75, also boosted because of vaccine news. So by right, today maintain, cimb should climb back to 4.7 in anticipation of vaccine and as well as this MCO being "effective".
20/01/2021 3:59 PM
stkoay No OPR cut....Riaz1954 was spot on....salute and respect
20/01/2021 4:07 PM
onthewaytoforbes time for CIMB bullish again
20/01/2021 4:20 PM
zerocool7199 Yeah...gogogo
20/01/2021 4:31 PM
stkoay https://www.theedgemarkets.com/article/maybank-kim-eng-positive-fundamentals-malaysian-equity-market

“I think banks are safe,” said Pathmakanthan, noting that no worries are needed about the fundamentals of the banks.

He said the banks have no balance sheet issue, as they have not only built up a “very strong” capital base, but they are also not short of liquidity.

“So far the news for the banking sector has been still quite good,” he said.

Citing the latest data from November, he noted that the gross impaired loans for the banking system is 1.5%, compared with the Bank Negara Malaysia’s (BNM) stress test, which was 3% by the end of 2020.

Thus, this means that impaired loans are tracking well below BNM's expectations.
20/01/2021 5:06 PM
Tedinvestor Bank are best recovery stock.
20/01/2021 5:39 PM
Riaz54 Malaysian banks compared to their Western and developed markets are well capitalised and are generally more conservative in their investments. Western banks have rallied strongly even with rising bad debts. CIMB were unfortunate to have been hit by exposure to 2 large O&G companies in Singapore who defaulted. CIMB had significant exposure resulting in bad debt provision with little prospect for recovery. The worst is over in that respect and if anything the conservative provisioning of bad debt provision could see some reduction going forward. Time for share price to rally to 4.75-5.10 range and perhaps beyond once vaccine is distributed.
20/01/2021 9:58 PM
RiverOfSilver According to Malaysian Rubber Glove Manufacturers Association (MARGMA), global glove demand is about 330 billion pieces per year & estimated to grow at 10% annually
20/01/2021 10:33 PM
RiverOfSilver For 2021 global glove demand is expected to grow to 396 billion pieces versus the total production capacity of Malaysian glove factories of 280 billion pieces
20/01/2021 10:34 PM
RiverOfSilver While for 2022 global glove demand is expected to expand further to 475 billion pieces against the projected total production capacity of Malaysian glove factories of 363 billion pieces
20/01/2021 10:34 PM
RiverOfSilver Today, the demand for rubber gloves is so overwhelming that major rubber glove manufacturers have an order waiting list of more than 12 months
20/01/2021 10:35 PM
RiverOfSilver While also, a research analyst from a local IB has also written that covid-19 vaccine deployment could in fact add another further new demand source of 18 billion pieces per year, assuming that 60% of the world's 7.5 billion people gets their vaccine in two doses annually
20/01/2021 10:35 PM
Business101 Post removed. Why?
20/01/2021 10:48 PM
Gunplakk Good to see no opr cuts but the gain is only marginal at best.. so there is hope that by friday we can see another sell down. I hope we get a 10% correction before the recovery comes into effect... Same for SGx... I hope Dow will crash.... Then I can buy more sg banks as well.

Aiyoh... Gibbabla gloves... It's dead. Don't touch top glove above 5-6... Go below that maybe can consider. Right now all over valued. It's hay days are over.
20/01/2021 11:57 PM
Bearrider covid case rise , tomorrow MCO start again!, everyone takecare ......
21/01/2021 10:22 AM
kinuxian Israel 33.93 doses administered per 100 person. If estimate based on at the bumped up rate 10 doses for last 7 days, they shall reach above 80 doses / 100 person by end of Feb. And we shall see the vaccine effect slowly over the time and clearer picture by end of March. Vaccine need about 1 month to take its course.

WHO still uncertain about the percentage required for herd immunity. Media mentioned earlier the estimation in earlier days around 60-70 till now 85+% as reported here. https://www.nytimes.com/2020/12/24/health/herd-immunity-covid-coronavirus.html
21/01/2021 10:56 AM
apple168 downtrend confirmed... Short9e...
21/01/2021 11:49 AM
Riaz1954 The current MCO is unlike the first one..70% activities are continuing and businesses have adapted generally. All sectors use bank to function, so impact will be minimal. Large loan write off after market correction particular in the oil sector have happened, oil price has recovered last March from negative to almost 57 USD a barrel...looking ahead banks will recover...in particular CIMB
21/01/2021 1:44 PM


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