Recently many people around me who never step into market before suddenly become so aggressively jump into market... Start telling me about gloves stocks...penny stocks goreng goreng and goreng. This is a very dangerous sign and path they are heading to I feel that. I might be wrong but who knows.

I find out that it is hard for people to bear the feeling of uncertainties and pressure if you ask them to hold the banking stocks now. But when the market is stabilize, the price will not be this price you see anymore... So to earn big and be a real investor, we must take risk but not a blind risk (calculated risk) I can say.

I also can't assure you guys that this is the best price to go in. But at least I can say it is not a bad price to go in. So for nervous and speculating investors, hope my comment helps. Thank you

If a bank is consider risky counter then more than 90% of the counter is super high risk bro. Maybe you shouldn't say it risky, instead the banking line will not perform very well in coming few months.

https://www.bbc.com/news/uk-53469839
New vaccine trial with very positive results from Oxford University

@apanama
Mind provide us more sufficient info about why you suggest us to sell before Aug 13 and September?
Looking forward for your feedback, appreciate it, thanks

It won't drop too much and also not expecting it to climb up within this year. As I heard people are push gloves stocks, gains for some political funds usage. So within this year banking stock will be struggling yet less attention, alot investors are onto gloves stocks these coming few months

Still wait mea.... The see the price statistics the price chart already on a U-Turn shape. The lowest is already past (months back).

He (apanama) think his words can shaken EPF, KHAZANAH and those big shareholders to panic sell off lol.
He very influential person, don't look down on him or her hahahahaha

DJI fall ppl scared,
Him Leong issue people run,
Covid case people cry,
like this I sure die...

If my judgement is right, the price will not go lower than 3.50 anymore as I have waited for quite long for it to down below 3.50 but it seems won't.
Who knows maybe I am wrong

I don't know. I don't forecast. I just pick the price I think is ok and All in then wait for them to go back up.

Got move. But moving down hahahahahahaha T-T

No matter how cold the winter is.... Will you die from winter? Or should I say will the world end?
Don't be overly pessimistic. Alot thing happened before and during that time people cry father and mother think the world is gonna end.
If a business can't withstand such thing they won't be a giant corporate.
For those who too negatives, think about politics, will ringgit no more values? Should they change all to gold and dig a hole hide them instead?
So use common sense to deal with everything. U worried yet you keep all money in bank.... Aren't that the same? If bank goes down you think your money is safe?
That's my final thing I gonna tell those overly concerned investors and wish them good luck

Don't worry about running or dying. Khazanah 25% EPF 16% PNB 12% these 3 Giants are holding more than 50% of CIMB shares. Imagine CIMB die, your retirement fund in EPF will greatly affected too. If these 3 giant suffers mean Malaysia will be in great crisis so no difference you run or not run.
So they won't let CIMB down so easily same to other big stocks.

I can't... I All-IN already lol

Is ok for some people to be on negative perspective. No need to argue and just stick to own investing perspective. Time will tell

Market situation really bad.. continuously dropped for 3 days

adriantam. Based on the past few days cimb moving structure...it seems on a slow up trend now. Even the last 2 days supposed to be huge drop but the price pick up before the market close so you can determine this share will not go too low.
Previous few weeks ago it stucked above 3.50+ where I was hoping it to go below 3.50 but it boost up suddenly just like that. So I believe it wont go back to the price I want anymore and I settled down and grab it below 4.

adriantam. Good timing. I still thought the RM3 boat already left. Now still got chance to get at this price

Don't worry be happy.

Jason85 it doesn't matter roller coaster or spaceship riding.
There will be a day it will rise to the mentioned price again as long as CIMB still alive.
Since FD rate is so terrible, no point sell it for such little price hike and put in bank. Keep it, earn their dividend while wait for the price mentioned. I believe the dividend payout rates won't be any lower than FD rate now.
You will thank us as at the end if you hold it. Go Google and type "cimb share price" go drag the price statistics to 5yrs and above. You will see roller coaster line and that's the cycle of every stocks.

Jason85 if already get a good price, it is already a guaranteed earning. Just patiently wait for it to climbs back RM6+ to RM7+
selling for a small price hike is a waste of these once every 10 years+ crisis

To those who still hesitating... RM3+ boat already left. Jump in RM4 as soon as possible. Or else too late

Just a cycle. The economy won't die off, they create so much chaos for their own personal purpose and when it comes to end they will boost the economy up for their own prospect.
Small investors like us won't shake the world, just buy at a nice price and wait for the big shots to carry us.

Didn't you guys realise it is already on a slow up trend now?
Understand the concept of demand and supply. Those who urgent to sell off already sell off includes foreign investors for the last few months.
The price now can't hit lower even few tries is a signal of rebound soon, slow recovery.

Time to go in. June should be the time of MCO upliftment, the economy will struggle on recovery

I am so surprised for the sudden rise

If anyone know who George Soros is, he already warned about the negatives

Timing to go in is not right. Currently covid 19 cases already exceeded 5m and death toll is on 333k. So far only 2m cured and 3m+ still struggling and based on the spreading rate I afraid to say that the death toll will reach more than "half a million"
Even though Malaysia successfully control the outbreak it is pointless as they can't fully reopens the economy due to many countries still spreads like mad cow.
The travel, tourist and some businesses still will struggle to death at the end.
Japan already announced if the virus still drags for 4-6 months time estimated 40+% of their country newly setup business will goes down and the truth is the virus definitely will still be here for another few month.

https://www.bbc.com/news/business-52733706

https://www.bbc.com/news/business-52733706

https://www.bbc.com/news/business-52684397

https://www.thestar.com.my/news/regional/2020/05/15/asian-markets-head-for-negative-end-to-tough-week#cxrecs_s
The market tension is too high. Trump is crazy, due to unable to control US outbreak... He tries to blame all to China and to make the trade war issue worsen.

https://www.bbc.com/news/world-latin-america-52612335
Another big one downed... Impact is not small...

https://www.bbc.com/news/world-latin-america-52612335
Another big one downed... This impact is not little.

https://www.thestar.com.my/business/business-news/2020/05/09/how-things-went-wrong-for-banks#cxrecs_s
Terrible situation for banking line

https://www.thestar.com.my/news/regional/2020/05/05/bankruptcies-related-to-covid-19-outbreak-surge-in-japan#cxrecs_s
More bankruptcy revealed, not only Malaysia but globally. Just Japan alone 100+ SME closed down, imagine how serious this virus caused and it is not even end yet.

https://www.thestar.com.my/news/nation/2020/04/30/g-city-club-hotel-shuts-down-after-10-years-in-business#cxrecs_s

Another Business revealed bankruptcy not even MCO over. It is just one or two days market rebound, don't overjoyed yourself. Just wait for more to come.

To:- I Hunter
Many people knows it is good price, also not only CIMB. Infact many stocks are undervalued now, the main point now is the timing to enter.

Nature Cycle of progress,

1) temporarily foreign investment are either speculative or struggling with cash flow so they won't come in within these short period of time so boosting the price up will not be so soon
2) as for local big shots only manage to temporarily hold the price from falling too much.
3) even after after MCO lifted, the real struggle starts where some SME will starts to struggle for their recovery and more bankruptcy will reveal if they can't make it.
So the earliest time we should go in is after the lockdown also it might still be uncertain move but we are no GOD to predict the best timing to enter, it totally depends on our judgement.

To: vinvin
Well like some people already advised if you are investing for long term, it doesn't matter when you buy and is no doubt this pice is good.
But for some investors which would like to maximized capital gain which they will not buy now. You won't know what I mean but is ok, just stick to your investing style

To: stockraider
If you don't believe is up to you but the wording you use shows how immature and low class person you are. I will not report you because it is useless arguing with person like you.

The infected cases and death is keep on increasing, lots of people, business keeps suffering and it is not even end yet. You think this rise of price will go on? It is just temporarily boost to sustain the markets... When more SME revealing their bankruptcy and once again hell will occur.

https://www.bbc.com/news/business-52236936

https://www.bbc.com/news/business-52236936

https://www.bbc.com/news/business-52211919

https://www.bbc.com/news/business-52211919

Why epf, kumpulan want persaraan and etc more preferred towards Maybank? I see they grab more on Maybank rather than CIMB.
Aren't both of these bank important?

Not time to go in yet. Expecting one more serious drop in Malaysian Market.

Not the time yet. There definitely will be another huge drop again. 14,000 Malaysian at risk of getting affected and the figure is definitely showing now slowly. This will cause one last and most serious big drop in Msia market

Definitely will go below 4 as this chaos will still drag on.