CakapSohaiThings

CakapSohaiThings | Joined since 2020-06-26

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

537

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
537
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2022-07-15 22:50 | Report Abuse

2021-11-14 14:57
Beware of the possible dead cat rebound next week, there were a lot FB lives last Friday. They could be trapped at penthouse, waiting to dispose.

If you really want to buy, you can try your luck at 3.2, not when it is floating in the middle of resistance and support. Again, if they really want to press it down, press to the next support of RM2.1 is NOT IMPOSSIBLE. So please dont flame me if you try at RM3.2, but it falls to RM2.1 later.

Hopefully no one bought high lol...
So... if 3.2 breaks (which is likely cause interest rate will be hiked more in the near future), 2.1 is the next stop..

Stock

2022-06-07 19:27 | Report Abuse

When it was 3-3.3, no one talks about valuation. I like how people get euphoric when the share price increases but not when the share is cheap. I guess it is time to take profit and plan for a re-entry when the hype is over

Stock

2022-04-14 09:47 | Report Abuse

Dato shorting or foreign fund dumping?

Stock

2022-04-08 18:44 | Report Abuse

Loaned 145mil to Serba Dinamik...

Stock

2022-04-08 18:43 | Report Abuse

Loaned US50mil and MYR50mil to Serba Dinamik...

Stock

2022-04-08 18:42 | Report Abuse

Loaned 224mil Serba Dinamik...

Stock

2022-03-31 17:41 | Report Abuse

If operators push, then we go up. Else, will retrace sharply like what happened in Jan. Regardless it is still cheap, I will top up if it retraces sharply

Stock

2022-03-25 17:49 | Report Abuse

Whatever you do, Just dont FOMO and all in, buy when dip. Ambank usually drops like rock after a steep climb. There's always a chance to buy

Stock

2022-03-25 10:56 | Report Abuse

LOL, broke above 3.6! FLY!

Stock

2022-03-24 17:21 | Report Abuse

Dont think it will break above 3.6 anytime soon, the possible dividend catalyst is still 3 months away, better don't FOMO just for the dividend. Just buy when dip

Stock

2022-03-23 15:50 | Report Abuse

Dato 1h left, dont tokok and disappoint us ok

Stock

2022-03-16 22:22 | Report Abuse

Interest rate hike soon, stay tuned
10/03/2022 10:02 AM

Fly tomorrow?

Stock

2022-03-16 22:21 | Report Abuse

I hope yall collected some during the dip, now we just wait for the FOMC meeting on March 16 to announce interest rate hike
6 days ago

Tomorrow we fly?

Stock

2022-03-16 22:20 | Report Abuse

I hope yall collected some during the dip, now we just wait for the FOMC meeting on March 16 to announce interest rate hike
6 days ago

Tomorrow we fly?

Stock

2022-03-16 19:36 | Report Abuse

@kelvinfixx
Bro... your unrealized loss must be damn high now... Bear in mind that malakoff's dividend payout ratio is not as high as before (it is about 1/2 from before and the share price was hovering around 80-90cents at 100% dividend payout ratio)

Dont be too eager to catch the falling knife...

All the best bro...

Stock

2022-03-16 18:22 | Report Abuse

I had seen how CIMB (the market cap more than 10x of Takaful) was pressed to RM3, hence I know that pressing down Takaful is a piece of cake. Already mentioned dont fight the trend... This is a trend bolstered with the FRS17 impact in 2023, not a downward trend with no fundamental reason...

2021-10-13 13:09
LOL, give it up, even if it rebounds, will be extremely difficult to break above the extremely strong RM4.2 support-turned resistance. Just let it go down and buyback at the next support

2021-11-14 14:57
Beware of the possible dead cat rebound next week, there were a lot FB lives last Friday. They could be trapped at penthouse, waiting to dispose.

If you really want to buy, you can try your luck at 3.2, not when it is floating in the middle of resistance and support. Again, if they really want to press it down, press to the next support of RM2.1 is NOT IMPOSSIBLE. So please dont flame me if you try at RM3.2, but it falls to RM2.1 later.

Stock

2022-03-16 18:15 | Report Abuse

@maxsky FRS17. Read my previous comments...

2021-11-15 17:49
33% Cukai Makmur one off, no problem.

FRS17 reduces the book value by 28.5%. To me, that's a serious issue. It instantly raises P/B ratio, which is the primary valuation for insurance companies. Also, PAT and dividend will be reduced by 16%. This is also an issue.

Change in CEO might also be an issue (although there's a possibility that the next CEO will do an even greater job).

Stock

2022-03-10 10:43 | Report Abuse

2022-03-09 PROPOSED RENEWAL OF THE AUTHORITY FOR CIMB GROUP HOLDINGS BERHAD ("CIMB") TO PURCHASE ITS OWN SHARE

Stock

2022-03-10 10:02 | Report Abuse

Interest rate hike soon, stay tuned

Stock

2022-03-10 10:01 | Report Abuse

I hope yall collected some during the dip, now we just wait for the FOMC meeting on March 16 to announce interest rate hik

Stock

2022-03-10 10:00 | Report Abuse

I hope yall collected some during the dip, now we just wait for the FOMC meeting on March 16 to announce interest rate hike

Stock

2022-03-03 00:48 | Report Abuse

@yfchong, US banks are up 4%, 10y treasury yield is up 8%. It might spike up today

Stock

2022-03-03 00:46 | Report Abuse

US banks are up 4%, 10y treasury yield is up 8%... I haven't get my CIMB ticket...

Stock

2022-03-02 21:41 | Report Abuse

@DatoKyle nice. Inform us before you cover your shorts

Stock

2022-03-02 18:04 | Report Abuse

Broke 75 cents... next support 65 cents here we go
2021-11-29 17:06

kelvinfixx
If it really go 65, I am ready to buy more.
2021-11-29 22:03

Bro...

Stock

2022-03-02 17:57 | Report Abuse

Sold long ago at 5.5, but the QR was way above my expectations, I thought I had missed the boat. Thanks for shorting/selling it down!

Can get back in before Fed raises interest rate on March 16

Stock

2022-02-28 21:32 | Report Abuse

@Cojack21 Welcome bro.

I wont be able to predict the share price, but I am pretty sure without Takaful, BIMB's EPS and ROE will be greatly reduced. Good luck bro

Stock

2022-02-28 19:34 | Report Abuse

@Cojak31 Already mentioned lowest eps since 2010... U see lowest, highest and average price for 2010 is how much...
10/12/2021 6:48 PM

The 2 upcoming QRs are expected to show -ve YOY too. IMO, better wait another 6 months until all dust settles, and decide if it is worth buying based on the share price later

Stock

2022-02-28 19:32 | Report Abuse

Though not the cheapest, it is still a great buy. Good dividend within expectations :D

Lai lai div
15/02/2022 9:53 PM

Stock

2022-02-28 19:29 | Report Abuse

@stkoay not the cheapest bank though. Ambank is the most attractive buy among the mid-sized banks.

https://www.theedgemarkets.com/article/analysts-advise-investors-accum...
CGS-CIMB analyst Winson Ng said in a note that he retained his "add" rating on AMMB given its attractive valuation of 7.2 times 2022 forecast price to earnings (P/E), which is the lowest in the sector and significantly lower than the sector’s 12.6 times.

Stock

2022-02-28 18:57 | Report Abuse

Just keep buying when operators flush weak hands, dont need to FOMO

Stock

2022-02-28 18:50 | Report Abuse

@Godofgambler cheapest bank, with low P/B and ROE comparable to the big 3s
"Attractive valuation of 7.2 times 2022 forecast price to earnings (P/E), which is the lowest in the sector and significantly lower than the sector’s 12.6 times" - CIMB

Upcoming catalysts in order
1. Fed interest rate hike in March
2. Dividend resumption
3. OPR hike in June
4. YOY improvement in QRs

Stock

2022-02-28 18:23 | Report Abuse

@JAS TO, to flush out weak hands

Just hold only, see how they started raising TPs, exactly like CIMB after the hontop incident. Moving forward Ambank will climb like CIMB, and analysts will keep raising TPs until 4.5.

Just keep DCA with your monthly salary until share price is close to 4.5

Stock

2022-02-25 22:41 | Report Abuse

That push on Thursday from 3.19 to 3.3... Looks like operators have finally started doing their job. CIMB 2.0 soon!!

Stock

2022-02-15 21:37 | Report Abuse

Hold only OPR hike incoming

https://www.theedgemarkets.com/article/anticipation-opr-hike-spurred-trading-financial-stocks-%E2%80%94-bursa

The report noted that foreign investors were net buyers of KLFIN with an inflow of RM486.05 million as of Jan 25.

Stock

2022-02-10 22:02 | Report Abuse

US 10y treasury yield just hit 2%!

Stock

2022-02-10 22:01 | Report Abuse

US 10y treasury yield just hit 2%. Those who havent got a ticket in banking sector, dont wait too long to collect the tickets..

Stock

2022-02-10 20:08 | Report Abuse

Just buy when dip when have cash and hold until interest rate stops rising.

Ambank is relatively still much cheaper (hence a better pick) than the closest comparable peers, RHB and ABMB in terms of valuation (trading at 0.7 P/B compare to RHB and ABMB trading at 0.84).

Stock

2022-02-10 16:37 | Report Abuse

If you want good appreciation (at current prices), you buy CIMB. - well this is debatable. P/B is already so close to 1... I think that Ambank and RHB, which are much more cheaper in valuation can appreciate more.

Banks P/B
CIMB 0.95
AMBANK 0.70
RHB 0.84
ABMB 0.83

PBB, HLB, BIMB all above 1. Not looking at affin and mbsb for now.

Stock

2022-02-09 21:39 | Report Abuse

@stkoay Me lol. I kept buying when it was 3 ish and sold all at 5.5.

Finally reached my TP lol. Thanks all, come join me in ambank/rhbbank when they are still cheap. Ambank is cheaper as of now.
10/01/2022 11:58 AM

Stock

2022-02-08 20:26 | Report Abuse

Look at SG trio banks (UOB, DBS, OCBC) all time high. 10y treasury yield is about to break above 2% too. Nothing to worry, just collect slowly.

P/B = 0.67, ROE = 9%, P/E = 7.68. Super value buy.

Just buy the dip before interest rate starts rising and hold until interest rate stops rising, now a lot of funds still stuck at tech. When interest rate starts rising, confirm will rotate here.

Stock

2022-01-25 10:31 | Report Abuse

Interest rate rise in the US still 2 months from now, in MY is still 5 months from now. No rush, just collect slowly

Stock

2022-01-24 16:14 | Report Abuse

Nice diving

Stock

2022-01-24 13:38 | Report Abuse

When it drops for no reason, it is usually a chance to collect, Affected banks from GentingHK are Maybank, CIMB and RHB

Stock

2022-01-24 13:38 | Report Abuse

Stay strong holders

Stock

2022-01-14 17:10 | Report Abuse

@yingzhe17 I hope you didn't short ambank...

Stock

2022-01-11 12:31 | Report Abuse

AGREE. I might wait until 6.5 instead before switching to Ambank, which is way way below its book, and with a lower PE

Stock

2022-01-11 12:29 | Report Abuse

KBE, KRE ETFs are already ATH. 10y treasury yield is testing the resistance and about to breakout to the upside. Just wait for the pullbacks and accumulate during the dips

This year should be able to climb back to RM4.5. But since most people only like fast money, not many would be able to hold until 4.5, like not many held CIMB from 3 to 5.5

Impending catalysts in 6 months time:
- FED hike rates
- OPR rises
- Dividend resumes

Good luck all

Stock

2022-01-11 10:39 | Report Abuse

Lai liao, RM6 TP incoming