Hng ..why not gunning for above 3.00??

Wah very cheap...more than 3% below bank blr.....kikikikiki...

This bull seems to be getting tired n slowing down...

Aiyo why have to delete my constructive criticisms.. in hokkien? Knn....

Bimb ..primed for Islamic banking m&a n takeover play..

Brahma?...kokokokokokokok....

Post removed.Why?

Post removed.Why?

Post removed.Why?

Mop them up....put in drawer...kikikikiki...

Post removed.Why?

Kikikikikikikikikiki...lmao.....

Monday October 12, 2015 12:00:00 AM

CIMB may not meet 2015 targets in view of tough economic conditions

BY YVONNE TAN


PETALING JAYA: CIMB Group Holdings Bhd will be “flexible” when it comes to meeting its key performance indicators (KPIs) this year given that the environment has become tougher and remains uncertain due to slowing economic growth which is tied closely to its lending business.

Group CEO Tengku Datuk Zafrul Tengku Abdul Aziz told StarBiz that while the group did not adopt a policy of changing its annual KPIs, it was well aware of the challenging operating environment, and therefore, would continue to maintain a “flexible stance” in meeting such challenges.

“While the general expectation is one of a slight improvement in the group’s credit costs in the second half of this year, we remain cautious given the current uncertain economic and volatile currency environment,” Tengku Zafrul said.

That said, this could mean CIMB, the country’s second-largest bank by asset size, may not be able to meet some of its KPIs set for this year.

Collecting aacumulating ding dinggggg....kikikikiki..

Ding dingggg dingggggggg!!!!!

If Dow n crude just consolidate ard current levels...o&g stocks will continue to be underpinned n positive..

Ding dinggggg

Taipingbear..if trading ..be prepared to cut if u feel no confidence..you can always reenter the market later...the MKT is always there for you to get back in..cheers..

Now many ppl using cimb nick...
Why nobody using MBB or rhb nick???kokokokokokok

Ding dinggggggg.....

Ding dingggggg..

Hng's style is fast n furious.. Grab it by the xxx..bang bang bang..kaboom...wipe it off ....n look for next one...kikikikiki...

http://www.theedgemarkets.com/my/article/daya-materials-unit-bags-rm88m-subcontract-french-firm

Moody’s warning: CIMB is weakening
SOURCE: Bernama
KUALA LUMPUR, Oct 8, 2015:
Moody’s Investors Service says that CIMB Bank Bhd’s standalone creditworthiness is showing some signs of weakening, but its A3 bank deposit and senior unsecured debt ratings and the positive outlook on the ratings remain supported by a very high likelihood of systemic support for the bank, if needed.
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Reflecting this deterioration, Moody’s on Tuesday, affirmed CIMB Bank’s long-term deposit and senior unsecured debt ratings of A3, while downgrading its baseline credit assessment (BCA) by one notch to baa2.
“CIMB Bank’s capitalisation is the lowest among large Malaysian banks, and it further weakened in 1H 2015 due to growth in risk-weighted assets, one-off restructuring costs and an increase in capital deductions for loan-loss reserve shortfalls,” Simon Chen, Moody’s vice-president and senior analyst said in a research note.
“In the absence of any significant capital raising, we expect the bank’s common equity tier one capital (CET1) ratio will remain below those of its Malaysian peers, some of which have announced rights issues to boost their capital buffers in 2H 2015,” Chen said on Moody’s just-released report on CIMB Bank entitled “Weaker Profitability, Rising Asset Risk Will Limit Internal Capital Generation.”
As at June 2015, CIMB Bank’s adjusted CET1 ratio on a consolidated basis was 9.4%, down from 9.9% at end of 2014.
While one-off costs from restructuring will not recur, Moody’s said further deductions could continue to pressure capital ratios if loan performance deteriorates.
Meanwhile, CIMB Bank’s loan and revenue growth is slowing in its main markets of Malaysia (A3 positive) and Thailand (Baa1 stable).
In Malaysia, falling prices of crude oil, palm oil, natural gas and rubber have reduced loan demand from commodity exporters, while the depreciating ringgit is negatively affecting consumer spending.
Consequently, Moody’s expects loan growth for the bank in Malaysia to slow to the mid- to single-digit in 2015, compared to 13% in 2014. At the same time, net interest margins in the country are narrowing due to an increased cost of deposits.
Asset quality indicators in the country remained stable so far, with an overall nonperforming loan (NPL) ratio of 2.1% at end of June 2015, but continued weakness in commodity prices could begin affecting the cash flows of commodity sector borrowers.
In addition, further weakening of the ringgit could affect the debt serviceability of households and corporates.
And in Thailand – the only market apart from Malaysia that contributes more than 10% of CIMB Bank’s total net interest income – loan growth will slow to single digit in 2015 due to the weaker Thai economy.
Moody’s also expects a rise in NPLs in Thailand, saddled by weak economic conditions coupled with high household leverage. The bank’s NPL ratio in Thailand ticked up to 4.1% of total loans in the first half of 2015, from 3.3% at end-2014.

Hit the wall @1700..looks shaky n groggy now...deja vu...huhuhuhuhu...

Wtf is the matter ..when he inform his subs to sell? That is his right n responsibility to his clients...tiuuuuuuuuu...

Hit the wall @1700..looks shaky n groggy now...deja vu...huhuhuhuhu...

Hit the wall @1700..looks shaky n groggy now...deja vu...huhuhuhuhu...

When klci hitting 1700...ding donggg..fill up the puts ..another round coming soon...kikikikiki...

Tony is an accountant..no way he will pay hjgh premium to privatise.. Also got no money..even HV to talk to bankers to fund 10% share buy back plan. ..how to buy 60%????kokokokokoko....

Kakakakakaka...only talking to bankers about funding for the co. 10% share buy back plan????...wtfffff....kena kokokokokokok..

Tony ..so far no comment...what happen if he deny ??? Kakskskaka...

MKT adi Q ing abv 1.30 1.35....kokokokokok...

Kikikikikiikiki...so much action here...kokokpkokpkokk...better zzzzzzzzzzzzzzz....

Ahhh..No more patience...Sold off balance 220k 0.205..5cts profit..shifting to other counters.. Cheeerio...

Wei ..u gonna give yourself a heart attack..stay cool..a profit is still a profit...nobody can sell at the hi always...

That's life...u win some...u lose some...just make sure u win more than lose...dont blame anyyone but your own ass..cos u got your own brain mahh....nobody owes u a living ...somecstocks even some put in the freezer...maybe6-12 mths later can take out..even make some profit wohh..kikikikiki..

52 WK range..0.085-0.28...increasing volume with o& g in focus...

Still holding 50% 220k..after released from freezer..kikiki..good volume today..let's c how this week....

Where's Bones..any kaboom news here? Kikikikiki...

Charles finally u got the news ah? What is it ??kokokokokokok here la...huhuhuhuhu...

http://klse.i3investor.com/blogs/rhb/83669.jsp

Gogogogogogogo Alammmmm...dinggg dinggg..kikikikikiki...

That's the scenario for October.... Hopefully...kikikiki...

Let the klci run up to 1670..probably top out near 1695 again...then begin another down leg to 1500..ho sei boh??? Kikikikiki...

???He is also one of the outspoken critic of..the govt n 1 mdb...rgt depreciation...overhanging junk status...etc..etc....

There is a saying...past n present results/performance is not an indication of future performance..

Nazir razak adi said ..tough operating conditions for the next 2 years. Overextended on investment n regional banking..paying huge salaries n bonuses to his investment banking side for years...but now cutting losses...cutting staff..He promoted himself to chairman..had to get a CEO from outside his bank..despite grooming a group of cimb lieutenants ...now leaving one by one...going downhill...

Ayamtua..dah balik...sat. Morning day kokokokokokok..
Yupppp..0.15-0.20 accumulate n hold...sure kokokokokok...

Kcchong..always appreciate your articles n point of views here...keep it up...