Haha.....

Correction.....young handsome stkoay.....haha :p

@prudentinvestor, I now have less cos I switched some to CIMB during the past few months.

I want to thank you for your post on April 19th on the Iran/Israel event :)
That day, support was strong on MBB at 9.70 but CIMB was weaker so I switched some on that day......and after that I switch more....at today's price, it was a good move :)

Many missed the boat, so the boat comes back....haha.

I didn't predicted the 2 dollar gap.
I said it's a possibility, anything can happen in the market.

It's a million dollar question.
If I know, then I am not human, I must be God.
Haha....

Yes, MBB needs to report a good QR, if only so so, then I think it will drop from here.
So so QR with PE 13+ times is quite expensive.

Drop back to about 10 for bargain hunter to get on board may not be a bad thing :)

So happy Sotong is so hebat, making the super kiasu so angry that it outperformed his bank by more and more....haha.

As long as i am not spreading fake news.

And what I comment here it's my right.

How much to put it's my money, it's for me to decide and NONE OF YOUR BUSINESS.

Meow Meow Meow

It's....

Gaya.......Mutu......Keunggulan

Everyone happy lo
Congratulation to all
Cheers....

Today, no jogging, raining at my place..
...so, happy hour....celebrating "sotong hebat"
haha.....

Posted by stkoay > 2 weeks ago | Report Abuse

The gap CIMB/RHB widen to 1.72 :p
...in the stock market anything is also possible.
...RM2 also is a possibility ....with RHB at 6 and CIMB at 8

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This one come true today 7.97/5.92 the gap <2

stkoay IB - TP RM10 :p

pang72 IB - TP RM9

Thank you my buddy pang72 :)

If don't have, just sit and watch the rich getting richer.

Those who intend to sell must make sure you HAVE the stock before you can sell

When CIMB was trading 8+ to 9 in 2011, it's EPS was very much lower than now.

Today's trading definitely took many by surprise.
It's very different from previous pattern...previous hot favorite YTLP is also down but all banks up kaw kaw ...and in heavy volume.

panlai lo
hapi lo

Today, long term rich investors happy lo...most of them is heavy on blue chips esp. BANKS

Rich uncles & aunties who park their retirement fund in banking stocks are today very much richer :)

MBB/CIMB/PBB are large cap.
RHB/AMMB are mid cap.
...not same

Meow meow meow

All banks seow liao :p

Woof Woof Woof

While @prudentinvestor has been saying it's not advisable to convert RHB to CIMB..
....but I converted alot of my MBB to CIMB...
...and at yesterday's price, it was a very "profitable" decision :)

MBB was my top holding.
Now, CIMB is top while MBB dropped to a low second.
RHB as souvenir.
ZERO PBB.

Keeping some RHB (bought during covid) as souvenir, so i can continue to monitor :)

No need to envy CIMB investors, you can own both.
...spread it out.

I have both....
....and the ratio is...
RHB/CIMB ......1/100 :p

Posted by pang72 > 11 minutes ago | Report Abuse

Yes! Happy till no anything can describe :)

Congratulations to everyone..

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Haha......

Have a great weekend all comrades.

Gaya.....Mutu.......Keungullan.....

Harimau Kuat

Sotong Hebat

hapi lo

@nickweichung Congratulations ! 43k is a lot liao

hapi lo

Meow meow meow

"Banks are poised to post high market-related income in 2024 on continued volatility in the FX market and as global interest rates start to decline," it added.

https://www.nst.com.my/business/corporate/2024/08/1090797/operating-environment-banks-favourable-over-next-18-months-fitch

https://www.nst.com.my/business/corporate/2024/08/1090797/operating-environment-banks-favourable-over-next-18-months-fitch

"Banks are poised to post high market-related income in 2024 on continued volatility in the FX market and as global interest rates start to decline," it added.

RHB IB & Nomura TP is 8 leh :)

Panlai lo

....but at least it performed much better than PBB
....RHB YTD is still up
...while PBB YTD is down....

Wonder why the selling can spread over such long time in a bullish market for most banks. (except PBB)

If I remember correctly, the price before last ex dividend was 5.72.
Now, another dividend coming but it has yet to recover the previous ex dividend amount.

Aug 9): This week’s upheaval in global equities is prompting investors in Asian stocks to turn their attention to markets where their ownership has been falling in recent years, with China and Malaysia fitting the bill.

While the S&P 500 Index has declined 2.8% since last Friday’s poor US jobs data triggered the sell-off, Malaysia’s and China’s benchmarks have both lost less than half of that. Societe Generale SA, Invesco Hong Kong Ltd and UBS Group AG are among those touting China’s attractiveness while Goldman Sachs Group Inc this week upgraded Malaysian shares, citing the market’s defensive nature when it comes to external shocks.

https://theedgemalaysia.com/node/722228

Aug 9): This week’s upheaval in global equities is prompting investors in Asian stocks to turn their attention to markets where their ownership has been falling in recent years, with China and Malaysia fitting the bill.

While the S&P 500 Index has declined 2.8% since last Friday’s poor US jobs data triggered the sell-off, Malaysia’s and China’s benchmarks have both lost less than half of that. Societe Generale SA, Invesco Hong Kong Ltd and UBS Group AG are among those touting China’s attractiveness while Goldman Sachs Group Inc this week upgraded Malaysian shares, citing the market’s defensive nature when it comes to external shocks.

By merely looking at price, ppl say CIMB is expensive.....but it's trading only at 10+ PE, how expensive??

When comes to investing in banks, fund got many choices.
Current performance of various banks seem to indicate that fund prefer "growth".
For the latest 5 quarters, CIMB had posted solid growth versus its previous quarters.
And may be liquidity is also important to institution funds, CIMB is more liquid.