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2021-02-28 15:24 | Report Abuse
For investors just a timely reminder a bonus issue is not like a dividend payment ...value of share before and after remains same! Only difference you have more shares but value does not change, price is reduced by the factor of news shares.
2021-02-28 15:11 | Report Abuse
Common folks...look who is talking.,.a Harvard graduate dealing in pennies! What a joker.
2021-02-28 15:05 | Report Abuse
Many international banks have had abd time ..in 2009 crisis one Royal Bank of Scotland single handledly destroyed uk economy by dishing out huge business loans to connect people sot had to be written off....the loans written were nit few billion but 30 + billions GBp...loans were given with out collateral,over cocktail ,parties ... CIMB suffered due to poor due diligence over 2 sigficnant losses to Singaporean oil gas companies ..which were run fraudulently under remit if MAS supposedly very capable! HSBC and Deutsche were other banks who suffered more than CIMB these two loans alone account for the profit impact for the year...I am sure CIMB will improve and certainly 2021 will be a successful year for company and shareholders compared to other banks. Investors need to keep,faith.
2021-02-28 15:00 | Report Abuse
Interesting comments loaded against CIMB are pretty much political.....we know the people’s background who have a go...yes they have underperformed but so do many other companies ..not only in Malaysia but world wide. People in Malaysia are divided and have their reasons. I for one applaud CiIMB who have helped 150000 individuals and SME with loans and liquidity to ge tthriufh difficult times ...worth RM 19.4 b...which other company business is doing that! At times likes this it is nit just about profits...looks at soem glove companies who have been caught out mistreating their workers ..paying them pittance ..what criticism did they get! So reflect and be reasonable!
2021-02-28 10:22 | Report Abuse
All good for CIMB to rally...if nit a good time to top up ..for a resounding recovery.
2021-02-28 10:20 | Report Abuse
People keep comparing with Singapore ...Singapore is a tiny state ...Selangors population alone is larger than Sings..same with NZ! There are countries in the world where one city alone has 10 times the population of Singapore!
2021-02-28 10:18 | Report Abuse
I hope sanity prevails ...interstate must be allowed with strict SOPS..that’s the answer meanwhile accelerating the vaccination programme...Govt needs to be v careful as to not to destroy the economy for a long time. This can have a very lasting damage. One option is to allow inter state with test results ...going and coming? So these feel the necessity get a test done
2021-02-27 13:22 | Report Abuse
I think project / product governance is not it should be but it is okay if one new project turns out big win providing money is not lost!
2021-02-27 13:21 | Report Abuse
Results for sure will be good......but will it translate into higher prices? Let’s see!
2021-02-27 11:45 | Report Abuse
It is sad that those investing money don’t under stand or don’t want to understand what the management has been saying about 2020 results. A conservative approach has been taken by CIMB with bad debt provisions, particularly the management overlay...these are are not specific bad debts but additional set aside ..if all goes well no further suprises from corporate sector than these will be written back and will no doubt improve the results SO PLEASE BE POSTIVE CIMB is a good recovery play linked to the economy.
2021-02-27 01:18 | Report Abuse
Company has scatter gun approach lots supposed new in Income streams which are not a reality ...for example hotel,quarantine ...this is already available, private vaccination will not be allowed...testing also suspect. The real inner is probably GST when it happens and if m get the contract.
2021-02-27 01:15 | Report Abuse
Results delayed until 3 March....very strange!
2021-02-27 01:08 | Report Abuse
June 1920...calling names! What a Plonker!
2021-02-26 20:13 | Report Abuse
Very strange reaction by some...expecting miracles when the news is well known CIMB can only produce better result going forward in 2021..mark my word.
2021-02-26 20:05 | Report Abuse
I am not worried about dividends providing we see share price catching up with fair value...the share price movement unfortunately may not match .....the results and fair valuation...let’s see how many dump the shares after small profit!
2021-02-26 19:53 | Report Abuse
Excellent results ....never in doubt, so now let’s see if trading performance translates into share price rise! Based on my past views I have my doubts ....I hope I am wrong ...Mr June 1920!
2021-02-26 19:50 | Report Abuse
Poor due diligence over dodgy loans particularly Singapore even the much touted MAS did not pick up fraudulent activities of tthen2 companies, This happens In U.K. Royal,Bank of Scot land virtually destroyed U.K. economy single handled again very dodgy loans...given over cocktail parties! Investors need to look forward....new CEO...is being very proactive by providing additional provisions which will not be required so better results ahead for sure ...they will beat the competitors...for sure. Market is about looking ahead nit backward.,
2021-02-26 19:21 | Report Abuse
Taking into account circumstances with substantial and debt arising from Singapore O& G fraud related wrote off...and the fact that the management have additional overlays for bad debts...situation will improve...by the way if you take 2 bad debts from Singapore crooks..the results would be almost 1b + better! I am for adding further ..hopefully epf and other institutions will invest...get rid of small day traders.
2021-02-26 14:53 | Report Abuse
Goodish results ...dividend declared which is good sign...reduced profitability to much higher provisions...all in all good results ..look forward to better 2021..
2021-02-26 10:11 | Report Abuse
Where are the other analysts? Normally do opposite wha they say...so expecting some negativity...will be sign to top up for medium term.
2021-02-26 10:08 | Report Abuse
Results after after CIMB...worth watching as clever Money rotates amongst banks expecting a rally toward 6 plus mark
2021-02-26 10:06 | Report Abuse
Need patience ...also there will be support from institutions when timing is right ..of all the shares CIMB is a good play ...as the upside will be very strong when there is normality to their balance sheet returns...besides CIMB performance is vital for Malaysia PLC!
2021-02-26 10:02 | Report Abuse
Please learn from other markets how PP is handled! Some occasions PP price is slightly higher than prevailing price and not to mention full transparency as to who has taken up! ! As this determines whether they are long term investors or in to just making a quick return from favourable treatment not available to broad body of shareholders.
2021-02-26 09:59 | Report Abuse
Dear old serba another predictable day in store ....whilst plenty of action in other markets /;Stocks overnight! Still one day it will happen....as touted...but when? Fools think there is lots of cash to keep topping up and of course timing is king ....in making profitable investments! Fundamentals NAV is at considerable discount ..but can it be narrowed?
2021-02-26 09:45 | Report Abuse
Watch for up long results share will begin to move 1 week in March....rally to 6 is on the cards given oil,price dynamics and impact on their work..which is fixed but likely to generate additional contracts
2021-02-26 09:42 | Report Abuse
We know qtr won’t be pleasant .....need to look beyond.....2021 ...half year is one to watch.
2021-02-26 09:40 | Report Abuse
Under rated bank...needs support from institutions quality business
2021-02-26 09:38 | Report Abuse
Shows choosing Iris was bad move .....can’t even get financing...this should have been in place before tendering. Govt needs to rethink and nit award contracts with poor management ...MY EG would have been better choice given vast experience and general capability
2021-02-26 09:36 | Report Abuse
Await results to determine if any of the previously added services make money particularly offshore. MYEG at least keeps busy with new ideas....eventually they will have one big one ...GST will be coming for sure no matter who is in power...all,countries have VAT...must for Govs revenue it is more efficient than sales tax.
2021-02-26 09:32 | Report Abuse
At this price Genting good buy for a diversified portfolio....small holders day trades working from home guys sell to make few ringitts. This is a problem with CV induced day traders ...lots of small transactions
2021-02-24 14:55 | Report Abuse
PP price 1.51 ..Rm .500m raised big number of shares given at discount...these will be unwound over time as they are in money still.
2021-02-24 14:49 | Report Abuse
Profit taking in an so many small trades .....people just make few ringgits! Nothing changes medium term outlook.
2021-02-24 11:33 | Report Abuse
June1920 you are a brainless knob....look in the mirror! Results speak for itself..talk crap can’t you see what’s happening blind fool! I assume you are buying every time it drops...you have more shit than money for sure!
2021-02-24 10:22 | Report Abuse
Check out Kenaga record on recommendation....very poor...to make a return you do the opposite, eventually of course the price will reach point where it will reverse the trend.
2021-02-24 10:20 | Report Abuse
PP investors need clearing out...they have already profited...some will realise the profits. In addition EPF continues to sell....this will go on for some time unless there is an acceleration of dumping to clear the decks.
2021-02-24 09:37 | Report Abuse
Will rally as EPF disposes to get liquidity...for obvious reasons, when the selling stops price will rally before year end results in March
2021-02-24 09:33 | Report Abuse
5+ is on....after results and after profit taking will head well north 5.90
2021-02-24 09:29 | Report Abuse
Another strong rally! Sellers outnumber buyers ....by huge margin
2021-02-23 16:01 | Report Abuse
Very good rally...1 sen? Even now sellers exceed so called bargain hunters.
2021-02-23 11:08 | Report Abuse
Casino stocks take off in HK.....Genting will follow in due course...catalyst ...interstate ending locally and vaccination takes hold...on global scene loke U.K. restrictions will ease in March.
2021-02-22 10:09 | Report Abuse
Defenders of stock will argue and get upset reality the share price is independent of actual company performance ....because price is determined by buyers and sellers. Serba the problem too many insiders / stakeholders own large chunk of shares...institution investment is lower than normal. Shares trading at a good discount ...but when will the discount narrow? Million dollar question meanwhile otjer stocks have made good returns Dayang 50% + up..discount narrowed to 16%
2021-02-22 10:05 | Report Abuse
I have said it before ....lot of shares available for dumping ..as a result of pp. trading is tight range Algo....
2021-02-22 10:03 | Report Abuse
Need to breach 4.50 resistance point which seems to trigger short term profit taking...day traders.
2021-02-22 09:43 | Report Abuse
Good dumping going on! Only 11 % buy! Say it all.
2021-02-21 07:32 | Report Abuse
Cimb to open positively on Monday and move upwards ...post results I can see price making further progress after initial reaction. 1 qtr 2021 results will set the tone....for rest of the year as better results will be posted
2021-02-21 07:30 | Report Abuse
DeepValueInvestor...you are correct there is likely to be unleashing of pent up demand once vaccination begins to take hold....I can see very strong demand not only in US but world wide as people react to be constrained for 1 year plus. Timing wise now is the right time to take position for upward momentum that will be unleashed.
2021-02-20 10:32 | Report Abuse
Dividend wise big increase from previous year ..that suggests Bank is more confident about 2021 and it has strong cash flow and solvency capital requirements. This show flow into CIMB group results....
2021-02-20 10:26 | Report Abuse
Niaga results I guess not too bad...still profitable...net profit down around 40% from previous year..increase in bad debt provisions....I think where other industries are making losses...this result is not too bad...and hopefully impairments set aside are more than sufficient with recovery in 2021...
Stock: [MYEG]: MY E.G. SERVICES BHD
2021-02-28 15:28 | Report Abuse
Bonus issue means divided is maintained in the company helping with cash flow where as shareholders get extra shares but value remains same...there is no dilution as all shareholders get the same level,of bonus scoring to numbers if share held!