Sotong upped RM2
this one up RM1.....since then

On April 19th onwards, switched some of this to sotong...
...today, start to slowly switch back :p

Topped up this one at 10.64....
close....in the red 4 sen :(

Triple witching today....heavy volume traded during pre close for blue chips....

Wow...8.50 amazing Sotong

As at 13th Sept, open short position was at 28m shares.....
...shortist must be losing their under ware if price don't come down....haha

The long are laughing all the way to the bank...
...the short kena squeezed kaw kaw....

...recently, this is one of the much shorted stock.

For those holding this one....it's like money falling from the sky....haha.
Congratulations !

Amazing, unbelievable.

Now, at 8.37 , it's 8.64 before ex dividend.

8.49 was pushed up during pre closing on 10th Sept. (ie cum dividend)
...now, it's ex dividend.

Bro pang72, it's not 3 yr high....it's almost all time high.
The previous time it traded around this level was during 2011

💪💪💪
Amazing Sotong !

Till today's price, all short sellers position are in red....

When it's volatile, if up too fast n too sharp, might consider to take some profit.
...price don't go up in straight line, sure there will be correction.

Free dividend :p

Amazing sotong...ex 27...up 23

Posted by pang72 > 40 minutes ago | Report Abuse

Meow meow is our marketing manager to promote Sotong at ytlp..
People cut loses ytlp switch to Sotong.
So, Sotong gains more popularity now mah


____________________________________________________________________

No wonder, it becomes so volatile like YTL YTLP
haha

Where is the short sellers?

All kena squeezed kaw kaw...haha

Amazing sotong....now up 22 sen

Congratulation Bro pang72

both meow & you are so panlai

...bcos you all so panlai, I also follow huat :)

Meow Meow so panlai :)

Some experienced "real" profit taking while some are being totally controlled and played played :p

Most banks gave back yesterday's gain, Harimau up the least yesterday and today up a little more :)

https://theedgemalaysia.com/node/726313

KUALA LUMPUR (Sept 11): Malayan Banking Bhd (KL:MAYBANK) said on Wednesday that it has invested in Funding Societies — the fintech company that operates a digital funding and debt investment platform for small businesses.

“In conjunction with this investment, Maybank will explore collaborative synergies with Funding Societies to promote inclusivity and bridge funding gaps within the communities it serves,” Maybank said in a statement.

The buyer mixed up this one with Tiger ?
...thought this one, today is last day for Cash Back Coupon?
...haha....congratulation to those who queued to sell during pre close....got Best Price

5.6m shares done during pre close at 8.49 :p

This selective reporting DJ index reporter only knows 2 English words....

ie. run & sell

wakaka.......

Where is the Dow Jones index reporter ??

Only report when DJ drops sharply ??

Must be a super "no have"

....but from comments here, it seems many are bullish and not fearful...
...many said....sapu sapu :p

3 more days to get 27 sen Cash Back Coupon :)

Tomorrow, last day to get 29 sen Cash Back Coupon.

Can break 11 ??

At current price, Sotong is still the cheapest Large Cap Bank.
So it attracts fresh new funds :)

CIMB September Promotion.

Buy before 13th September for 27 sen Cash Back Coupon.

Coupon redeemable on 27th September.

Next promotion will be in March 2025.

Haha...no goreng la
...long term cash rich funds buy to keep....

When panlai ppl are in....price sure will continue to move up :p

Both pang72 & Meow Meow are so panlai :)

The No.1 blue chip will probably continues to attract new funds flow....

https://theedgemalaysia.com/node/726007

KUALA LUMPUR (Sept 9): UOB Global Economics & Markets Research said expectations for imminent loosening of US Federal Reserve monetary policy will encourage reallocation of global flows towards emerging markets in Asia, including Malaysia, given the macro resilience of the region.

KLCI down 6 with 813 losers

MBB up 10 at 10.80 with 23m shares traded.

Harimau Kuat !

EPF turned buyer on 27th (14m shares) & 28th August (7.8m shares)

Since no laughing all the way to the bank to cash out.....
....so hold long long :p

Bro pang72 must be laughing till legs too weak to walk to the bank
...hahaha

In our view, a key takeaway from the briefing was where management thinks a comfortable CET-1 ratio should be, given factors such as regulator expectations and peer CET-1 levels. For now, that level is 14.5%. We believe investors now have better visibility on excess capital payouts. If CIMB can contain its full-year risk-weighted assets or RWA expansion to low-single digit, all else equal, another 7 sen special DPS in 4Q24 is possible.

We raise our TP to MYR8.90 on a higher GGM-derived P/BV of 1.22x – in line with its long term mean. Our TP includes an unchanged 6% ESG premium.

Source: RHB Research - 2 Sep 2024

Can now hold long term for its' improving dividend, like holding Maybank previously.

Sotong is Best Performing Bank :)

We updated the beta and lowered our market risk premium from 6% to 5.5% for the banking sector on the back of the improving economic environment in Malaysia, the banking system’s healthy asset quality and capital ratios, stable interest rate environment and more positive investor sentiments. With that, we raise CIMB’s TP from RM8.14 to RM9.48. Our valuation is based on an implied PBV of c. 1.32x based on the Gordon Growth Model and a 3% ESG premium. Buy maintained on CIMB.

Source: TA Research - 2 Sept 2024

https://www.nst.com.my/business/corporate/2024/08/1098997/cimb-has-nearly-rm5bil-data-centre-deals-pipeline-group-ceo

KUALA LUMPUR: CIMB Group Holdings Bhd has close to RM5 billion worth of deals in the pipeline for data centres.

Group chief executive officer Novan Amirudin said a lot of conversations that take place, including those with foreign investors today, revolve around data centres and the right ways to structure the deals.

"In the pipeline, we have close to RM5 billion in total, in terms of the number of deals (on data centres) that we are discussing.

"The ones we have mobilised which include signing, is about half a billion," he told reporters in a media briefing for the group's financial results in the second quarter of 2024.

https://theedgemalaysia.com/node/725074

(Aug 31): Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the US Federal Reserve (Fed) looks set to embark on monetary easing.

Exchange-rate watchers see likely further weakness in the greenback giving emerging-market currencies more wind in their sails. With foreign currency holdings at banks in Malaysia and Indonesia near a record according to data compiled by Bloomberg, more support is seen coming when exporters convert their dollars into local currencies.

Southeast Asia is “undervalued, under-invested and under-researched, which means a lot of alpha”, said John Foo, the founder of Valverde Investment Partners Pte Ltd. It’s “at a new beginning as global allocators position back in the region”, he added.

https://theedgemalaysia.com/node/725074

(Aug 31): Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the US Federal Reserve (Fed) looks set to embark on monetary easing.

Exchange-rate watchers see likely further weakness in the greenback giving emerging-market currencies more wind in their sails. With foreign currency holdings at banks in Malaysia and Indonesia near a record according to data compiled by Bloomberg, more support is seen coming when exporters convert their dollars into local currencies.

Southeast Asia is “undervalued, under-invested and under-researched, which means a lot of alpha”, said John Foo, the founder of Valverde Investment Partners Pte Ltd. It’s “at a new beginning as global allocators position back in the region”, he added.