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Overview
Financial Highlight
HeadlinesBusiness 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.
  myrKing https://www.thestar.com.my/business/business-news/2019/01/22/cimb-research-retains-add-for-astro-tp-rm1pt75/ 22/01/2019 17:11  Jururawat CIMB Group Holdings Bhd is selling its indirect 51% equity interest in insurance broker CIMB Howden Insurance Brokers Sdn Bhd to its partner HBG Malaysia Sdn Bhd (Howden) for RM59.6 million. CIMB said the proposed divestment is in line with the group's aspirations to further streamline and focus on its core banking businesses. Upon completion of the proposed divestment, CIMB Howden will cease to be an associate of CIG. 24/01/2019 03:40 masterus LONDON BISCUITS BERHAD BONUS ISSUE OF UP TO 61,549,100 NEW ORDINARY SHARES IN LONDON BISCUITS BERHAD ("LBB") ("LBB SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 4 EXISTING LBB SHARES HELD AS AT 5.00 P.M. ON 23 JANUARY 2019 ("ENTITLEMENT DATE") ("BONUS ISSUE") Kindly be advised of the following : 1) The above Company’s securities will be traded and quoted “[EX-BONUS ISSUE]” as from: 18 Jan 2019 2) The last date of lodgment : 23 Jan 2019 3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:- a) Selling Broker to deduct <1/5>, of Selling Price against the Selling Client b) Buying Broker to deduct <20%>, of Purchase Price against the Buying Client c) Between Broker and Broker, the deduction of <1/5>, of the Transacted Price is applicable. 24/01/2019 13:51  mancingbursa https://www.bloomberg.com%2C%20www.bloomberg.com/research/stocks/private/snapshot.aspundefined Maybank... 24/01/2019 20:28 mancingbursa https://www.bloomberg.com%2C%20www.bloomberg.com/research/stocks/private/snapshot.aspundefined Maybank 24/01/2019 20:28 mancingbursa https://en.wikipedia.org/wiki/Maybank {Can search for others local bank too} 24/01/2019 20:30 mancingbursa Courtesy fr the edge CIMB Group Holdings Bhd (Jan 24, RM5.65) Maintain hold with an unchanged target price (TP) of RM6.10: After a meeting with management, we are of the view that CIMB Group Holdings Bhd’s fourth quarter of financial year 2018 (4QFY18) results may not be exciting due to weaker net interest income and non-interest income generation, although provisions are improving (credit cost ~50 basis points [bps]). -Meanwhile, 4QFY18 net interest margin (NIM) is expected to remain under pressure arising from weaknesses in Indonesia. We see a modest outlook for CIMB in FY19 estimate (FY19E) (core net profit growth +2.2% year-on-year [y-o-y]; core earnings per share -1.1% y-o-y), consistent with our macro view that confidence and business expectation remain cautious. Overall, the Malaysian operations will remain the key earnings driver of the group in FY19, but we do not discount the likelihood of rate hikes by the Bank of Indonesia, which is a dampener on CIMB Niaga’s short-term NIM. -We are projecting a 4QFY18 net profit of circa RM1.1 billion for CIMB, and a FY18 normalised net profit of circa RM4.6 billion, which is likely to fall within Affin’s and consensus estimates 26/01/2019 02:01 mancingbursa https://www.klsescreener.com/v2/news/view/484808 Sinchew report, the 5 Yrs planning and 28 Feb quarter report 26/01/2019 14:46 qps9999 gd profit la..as per trading volume buy ..it will move ahead on monday . Yesterday with MLR book my profit . Hit 1st tgt on same day..waiting fr monday Sun... 26/01/2019 18:12 LouiseS Last 5 years EPS on increasing trend, increased by 18.2% over last 5 years, PE ratio is 9.8, ROE 10%, and dividend yield 4.40% https://louisesinvesting.blogspot.com/2019/01/preliminary-screening-of-counters-with_56.html 27/01/2019 07:39 Jururawat KUALA LUMPUR: First-time house buyers are expected to enjoy 23 per cent less in monthly commitment compared to current financing schemes offered in the market with the official launch of Bank Negara Malaysia’s (BNM) Fund for Affordable Homes initiative today. Governor Datuk Nor Shamsiah Mohd Yunus said with a maximum 3.5 per cent financing rate per annum for houses priced up to RM150,000, the initiative had attract more than 1,037 individuals who signed up for its financial education requirement under the Credit Counselling and Debt Management Agency (AKPK) Read more at https://www.thestar.com.my/business/business-news/2019/01/29/lower-financing-rate-for-first-time-house-buyers/#5AguFrP8PHb41XyY.99 29/01/2019 15:21 Jururawat -A+A MANILA (Jan 29): CIMB opens in the Philippines as an all-digital bank, the first of its kind for the group as it looks to expand in Southeast Asia without bloating costs. * Philippines unit completes CIMB’s operating footprint in ASEAN, after opening in Vietnam in December, CEO for group ventures Effendy Shahul Hamid says * CIMB Bank Philippines aims to gain 100,000 customers in its first year by targeting “unmet needs” of digital-savvy market, CEO Vijay Manoharan says * Bank will operate an app, partner with convenience stores and digital payment platforms to reach customers nationwide * Bank will “go head-to-head with some of the largest institutions” by competing in a “very niche” part of the market, Hamid says * CIMB not looking at any M&As after scrapping plans to buy into Philippines’ Bank of Commerce in 2013 29/01/2019 15:59 mancingbursa Banks in for a tougher year | https://www.klsescreener.com/v2/news/view/485666 29/01/2019 17:28 Jururawat KUALA LUMPUR: The specifications for developers to build affordable homes that are larger than the current norm under a new National Housing Policy (NHP) 2018-2025 could erode profit margins of property developers, say analysts. CIMB Research said at present, the sizes of affordable homes range from 700 to 800 sq ft, with the Kuala Lumpur City Hall setting the minimum requirement at 700 sq ft. https://www.klsescreener.com/v2/news/view/485990 30/01/2019 15:10 mancingbursa https://www.thestar.com.my/business/business-news/2019/01/31/indonesia-banks-warn-of-liquidity-squeeze-from-govt-bond-issuance/ 31/01/2019 14:55 Jururawat https://www.theedgemarkets.com/article/1mdb-update-nazir-said-he-feared-his-safety-kleptocrats 05/02/2019 00:33 Jururawat CIMB Group Holdings Bhd has announced the appointment of Omar Siddiq Amir Noer Rashid as the acting president and chief executive officer of its subsidiary CIMB Thai Bank PCL. Omar, who is group chief operating officer of CIMB, replaces Kittiphun Anutarasoti. Kittiphun is currently on a voluntary personal leave. Inix Technologies Holdings 05/02/2019 14:07 mancingbursa https://www.klsescreener.com/v2/news/view/489254 Bank Negara Malaysia's international reserves rose US$400mil to US$102.1bil as at Jan 31, 2019 compared with US$101.70bil on Jan 15. Bank Negara Malaysia's international reserves rose US$400mil to US$102.1bil as at Jan 31, 2019 compared with US$101.70bil on Jan 15. KUALA LUMPUR: Bank Negara Malaysia' 12/02/2019 16:22 Jururawat CIMB StockPrice ; 5.83 MarketCap; 55.67bil Div Yield % ;. 4.51 Earning/Share: 0..60 Debt to Equity; 0.78 Net Margin %; 33.35 Return on Equity% 11.27 Forward Price/Earning; 9.23 Revenue Growth %; 5.44 Return the Assets %; 1.07 Price/Sales ; 3.26 Price/Book; 1.10 Beta; 1.94 Sales Q/Q (last yrs) ; --8.50 Net Income- YTD/YTD (last yrs) ; +25.60 Net Income- Q/Q (last yrs); +4.20 Sales 5yrs Annual; +5.44 Net Income 5yrs Annual ; 0.80 Dividends 5yrs Annual ; 10.76 Pre-tax Margin; +43.59 Net Profit Margin; +33.35 Ave Pre-Tax Margin 5yrs; +32.60 Ave Net Profit Margin 5yrs; 24.10 13/02/2019 03:43 Jururawat Maybank StockPrice ; 9.56 MarketCap; 105.63bil Div Yield % ;. 5.21 Earning/Share: 0.73 Debt to Equity; 0.77 Net Margin %; 27.81 Return on Equity % 10.93 Forward Price/Earning; 11.34 Revenue Growth %; 7.43 Return the Assets %; 1.02 Price/Sales ; 3.65 Price/Book; 1.45 Beta; 1.03 Sales Q/Q (last yrs) ; - 0.70 Net Income- YTD/YTD (last yrs) ; +11.50 Net Income- Q/Q (last yrs); - 3.50 Sales 5yrs Annual; +7.43 Net Income 5yrs Annual ; 5.50 Dividends 5yrs Annual ; +41.26 Pre-tax Margin; +37.68 Net Profit Margin; +27.81 Ave Pre-Tax Margin 5yrs; +38.20 Ave Net Profit Margin 5yrs; 28.50 13/02/2019 03:52 Jururawat KUALA LUMPUR (Feb 13): Malaysia is capable of achieving gross domestic product (GDP) growth of between 4.8% and 4.9% in 2018 on the back of stronger economic figures recently, says Deputy Minister of International Trade and Industry Dr Ong Kian Ming. He said the manufacturing sector would continue to drive the country's exports and economy despite the current challenges in the US-China trade dispute. 13/02/2019 15:53 mancingbursa https://www.klsescreener.com/v2/news/view/489972 pension funds, two of the sources told Reuters. KUALA LUMPUR/SINGAPORE: Malaysian sovereign wealth fund Khazanah Nasional will unveil a plan this month to deliver more cash to the government by pruning its stakes in non-strategic assets and dialling back its offshore presence in spots such as London, sources told Reuters. 14/02/2019 08:53 mancingbursa KUALA LUMPUR (Feb 14): Malaysia's current account surplus grew to RM10.8 billion (US$2.7 billion) in the fourth quarter from RM3.8 billion in the previous three months, the government said on Thursday. Portfolio investment saw a net outflow of RM5.8 billion, compared with a revised net inflow of RM0.8 billion in the third quarter of 2018. (US$1 = RM4.0640) 14/02/2019 13:35 mancingbursa THE Edge Media Group chairman Tong Kooi Ong has gifted whistle-blower Xavier Andre Justo RM8.2 million (US$2 million) for his help in exposing wrong-doings at 1Malaysia Development Bhd (1MDB). Justo, his wife Laura and four-year-old son Zander visited The Edge Media Group’s office in Petaling Jaya, Selangor, on Jan 31, where they met Tong and group publisher and CEO Ho Kay Tat. “The gift to Justo is in appreciation of his contribution to Malaysia in helping to expose the kleptocracy of the past government,” said Tong. “Without him, the wrongdoings involving 1MDB, as exposed by The Edge, would not have come to light.” The exposés that started in March 2015 led to a global investigation in the US, Switzerland and Singapore that revealed that as much as US$6.5 billion belonging to 1MDB had been stolen. The US Department of Justice described it as the largest case of kleptocracy it had ever uncovered. Justo paid a heavy price for providing information to The Edge as well as Sarawak Report, which showed billions were stolen from 1MDB under the guise of a joint venture with PetroSaudi International between 2009 and 2011. Justo was arrested in June 2015 on blackmail charges, paraded in front of selected media in Bangkok as if he was a hardcore criminal, and then incarcerated in a Thai prison for 18 months. “His family was harassed and intimidated while he was languishing in jail. No one should have to go through what he had to endure for helping to reveal the truth,” said Tong. “On behalf of all Malaysians, I would like to say thank you to him and his family.” Tong said: “I would also like to add that Justo has confirmed to me that the accusation that he stole the data is untrue. My lawyers had tried to reach PetroSaudi on their past claims and they had chosen repeatedly not to respond.” Justo expressed his appreciation for the gesture by Tong. “I would like to say thank you to Tong. The gift from him will go a long way in helping me and my family rebuild our lives,” he said. “I take comfort (from the fact) that I have not suffered in vain. Malaysians got to learn the truth (about 1MDB) and I eventually got my freedom back.” 14/02/2019 15:03 Jururawat So many good news and i think there will be boom sometime. KUALA LUMPUR (Feb 14): The ringgit will derive support from the recent rebound in oil prices, while Malaysia’s monetary policy is likely to stay on hold this year amid resilient economic growth, Australia & New Zealand Banking Group says. * Better-than-expected 4Q GDP data indicate some of the supply disruptions that weighed on growth in the middle of last year is easing, says Khoon Goh, head of Asia research at ANZ in Singapore * There’s near-term support for USD/MYR at 4.0500, and resistance at 4.0870 * “Malaysia’s growth is resilient so far and inflation should gradually rise as the GST effects wane later this year. We do not see any need for BNM to cut rates at this stage” * NOTE: USD/MYR little changed Thursday at 4.0673, after dropping to 4.0618, lowest since August 14/02/2019 15:50 mancingbursa GIVEN a host of challenges at home and abroad, banking sector loans are expected to grow at a slower pace of about 5% this year after expanding 5.6% last year, their fastest pace in three years. Bank Negara Malaysia’s latest monthly statistics show that outstanding loans in the banking system stood at RM1.67 trillion as at Dec 31, 2018, a 5.6% increase over 2017. This was the fastest pace since 2015 when loans expanded 7.9%, following growth of 4.1% in 2017 and 5.3% in 2016. Household and business loans saw a pick-up last year, expanding 5.6% (2017: 5.1%) and 5.7% (2.9%) respectively. However, analysts are unanimous in their view that the pace of overall loan growth will moderate this year, a poll by The Edge found. The seven banking analysts polled had growth projection ranging from 4.7% to 5.1%. The projections come amid divided views on whether the pace of economic growth will be slightly faster, slower, or on a par with last year’s. The government’s forecast gross domestic product growth of 4.9% for the year is only marginally higher than the estimated 4.8% expansion last year, but markedly below the 5.9% recorded in 2017. Bank Negara Malaysia is expected to announce 2018 GDP growth on Thursday. “We see headwinds for banks’ loan growth in 2019, arising from slower economic growth and US-China trade tensions. As such, we are projecting slower loan growth of about 5% for 2019,” says CIMB Research. The recent weak loan application trends already point to the likelihood of slower loans. “We expect measured loan growth in 2019 of 5%, given slower growth in loan applications and approvals through 2018 (+2% and 5% respectively) compared to the previous year (+5% and +10%). Retail loans, notably residential mortgages which are still growing at around 8%, albeit moderating, will nevertheless still support the industry,” says AllianceDBS Research. Meanwhile, analysts expect the industry’s asset quality to remain stable, but are nevertheless keeping a close eye on banks’ loan exposure to the oil and gas, commercial properties and construction sectors. The industry’s gross impaired loan (GIL) ratio improved to 1.45% as at December 2018, from 1.49% in November and 1.53% in December 2017. The asset quality indicator appears to be defying the odds for now, says CIMB Research. “However, we expect the GIL ratio to rise to 1.8% at end-2019, in light of the slower economic growth and headwinds from the US-China trade tensions,” it says in a Feb 1 report on the sector. “What we would monitor would be asset quality in housing and commercial property whereby in absolute terms, housing GILs rose 10% year on year at end-2018 while non-residential property GIL rose 23% y-o-y,” says Maybank Investment Bank Research. All eyes on mortgages All eyes will be monitoring mortgage growth trends closely, given that the segment makes up the biggest portion of banking sector loans. Of the RM1.67 trillion outstanding loans as at end-December, mortgages accounted for 33.4% followed by working capital (23.4%) and non-residential property (13%). “While mortgage loan growth has yet to see the ill effects of the property market downturn, the growth pace has been slowing over the past three years. We think near-term mortgage growth is anticipated to remain relatively high, but the effects of the negative property market will kick in eventually,” AllianceDBS opines. Other analysts, too, believe that mortgages, non-residential property and automotive loans — the three main segments of household lending — are likely to remain soft this year. Last year, growth in these three segments slowed to 7.6% (2017: 8.9%), 2% (2.1%) and 0.1% (0.9%) respectively. Interestingly, there was a higher pace of growth in personal loans and share margin financing last year, at 7.8% (2017: 4.1%) and 7.1% (0.9%) respectively. Meanwhile, growth in working capital loans — the main segment within business lending — stood at a higher 5.5% last year compared with just 0.9% in 2017. However, weaker applications for working loans point to slower growth this year. On a three-month moving average basis, working capital loan applications contracted by 18.5% y-o-y in December 2018, the fifth consecutive month of contraction. On the same basis, mortgage applications were flat at 0.6% y-o-y in December, having contracted 2.3% in November. Approvals, however, rose 4.2% y-o-y compared with 3.6% in November. The average approval rate was stable at 46%. Higher base rates? An interesting point to note from the latest Bank Negara banking statistics is that growth in CASA (current account and savings account) has trailed that of overall deposits. Some analysts say they would not be surprised if more banks raised their base rate, a move that would make loans more expensive for borrowers. “That total deposit growth of 7.8% y-o-y is outpacing loan growth of 5.6% y-o-y points to ample liquidity in the banking system. However, CASA growth has trailed overall deposi 18/02/2019 15:30 mancingbursa KUALA LUMPUR (Feb 18): The Malaysian economy as measured by gross domestic product (GDP) is to remain on a sturdy growth path in 2019, despite challenging market conditions, according to Permodalan Nasional Bhd (PNB) chairman Tan Sri Dr Zeti Akhtar Aziz. Zeti, who was former Bank Negara Malaysia (BNM) governor, said the country's 2019 GDP growth “should be as good, if not better”. “Well, I’ve always said a growth between 4% to 6% is a sturdy growth path. So Malaysia, still, despite very challenging environment, remains on sturdy growth path. “The outlook will be presented by all the investment houses, as well as [an] official one by the central bank and the Ministry of Finance, so you will have to wait for their projection; I do not want to pre-empt,” Zeti told reporters on the sidelines of the Nomura Islamic Asset Management Malaysia's 10th anniversary conference here today. On Thursday (Feb 14), theedgemarkets.com, quoting BNM, reported Malaysia's GDP grew 4.7% in the fourth quarter of 2018 from a year earlier, as private sector activity remained the main driver of growth, while a rebound in exports of goods and services contributed towards net export growth. BNM said full-year 2018 GDP growth stood at 4.7%. Today, Zeti also fielded reporters' questions on PNB. Zeti said she is confident that the Malaysian government-owned fund manager will achieve a sustainable return in 2019. “Investment is all about diversification and the idea is to achieve a sustainable return. I have full confidence in the PNB team, that they will give their best effort to achieve such sustainable return,” Zeti said 18/02/2019 17:09 onlyinvestment This stock up 2 days down 5 days then maintain 3 weeks then repeat again 20/02/2019 21:24 Jururawat KUALA LUMPUR: PT Bank CIMB Niaga Tbk (CIMB Niaga) recorded a 16.95% growth in net profit for the full year ended Dec 31, 2018 (FY18) to 3.48 trillion rupiah (RM1.01 billion) from 2.98 trillion rupiah previously, on the back of a healthy improvement in non-interest income and credit charges. Earnings per share for the 92.5%-owned Indonesian banking arm of CIMB Group Holdings Bhd grew to 139.67 rupiah for the year under review against 118.5 rupiah for FY17. The improved net profit, said CIMB Niaga president director Tigor M Siahaan in a statement yesterday, came on the back of a 13.8% increase in non-interest income to 3.8 trillion rupiah. Also supporting the higher profit was a 63 basis points (bps) improvement in credit charges from 2.26% to 1.63%, thanks to a 25.7% decline in provisions on a year-on-year (y-o-y) basis, he said. CIMB Niaga’s loan loss coverage remains comfortable at 105.86%, he added. “We aim to maintain a targeted growth trajectory while keeping asset quality as a priority.” Total assets grew a marginal 0.18% to 266.78 trillion rupiah from 266.31 trillion rupiah previously as the banking group maintained its position as the second-largest private bank by assets. “Total loans grew by 1.8% y-o-y to 188.5 trillion rupiah mainly from growth in mortgages of 11.2% to 30 trillion rupiah, small and medium enterprise (SME) loans of 8.5% to 29.6 trillion rupiah and credit cards of 5.5% to 8.6 trillion rupiah,” said the banking group in an announcement. Meanwhile, total third-party deposits stood at 190.8 trillion rupiah with the current account-savings account (CASA) ratio at 52.61%. Savings accounts grew 8.5% y-o-y as its digital enhancement gained traction. Additionally, CIMB Niaga saw total financing under its Islamic business unit grow 58.8% y-o-y to 26.5 trillion rupiah, with third-party deposits growing 19.1% y-o-y to 23.7 trillion rupiah. As at Dec 31, 2018, CIMB Niaga’s capital adequacy ratio had risen 106bps y-o-y to 19.66%. “Going forward, we will continue to focus on expanding our consumer and SME businesses, building our CASA franchise and strengthening our syariah business proposition and syariah-compliant product offerings,” Tigor added. 21/02/2019 11:01 jiunn Today time for FINANCE stocks to RUN!!! Buckle seat belts.....up up up al the way! 22/02/2019 08:16 mancingbursa https://www.thestar.com.my/business/business-news/2019/02/22/cimb-investment-bank-ceo-to-retire-next-month/ 23/02/2019 01:35  | |
