1 sen lower 1.98... new record low...slowly slowly cook us.. always the case other bank up bimb down. Other bank down , it goes even down more. Hopeless

How to protest? You go to their AGM lo

those big institution will definitely throw after getting their drp shares today! Everything will be back to normal by next week.

seowdingdong

Niama genting! Everyday drop!tak boleh ta han ! All those research house say will rise, and den? What happened? Endless drop!do something ass juice management

Whenever I feel down over BIMB, I enjoy reading Mabel and kyliew views on the bank. Up up up.

Yes siow looi. I Wana to laugh. All banks red today, except bimb. Green! Up 1 c. Continue the good job tomorrow. Best bank indeed

Cimb can I see you at rm 4 again?

Hope in your dreams lo..it can never come true

Compare to other banks blood bath today after first republic bank collapse yesterday, bimbo still hold on tight at 2.01 today. Maybe 2 is the bottom price, time to rebound

For the upcoming AGM, the board should face and give an well explanation for loss of price more than 50percent since last year. Do something. For coming proposed resolution still wanna to increase your director fees. Bang your head la bimbo

Open 2.04, now testing new low rm2. What the fx! Have been losing money since buying

Reinvestment of drip open today ! I have done mine. Let's huat together. Up up up bimb

Sickening.. drop like hell today

Yes I totally agree! Bimb won't fail us. The only way is going up. Rm 3 is not a problem! All in

Testing new low! Do something bimbo!

Drop again! damned! When can I see a reversal uptrend.

Everyday new low. Do something ! Sickening management

Drop like hell . Die lo. Sickening share . Up bit . Drop a lot

Scary . Keep on droping. Heart ache

Scary. Heart attack. Keep on droping

I don't understand...y keep on dropping so much bimb . gg..

Good.. let's sell together

Everyday drop 5sen above.. ridiculous

Sickening ! All other banks don't drop like this

Only this counter bank drop the most..from positive profit to negative.
Up up up.

Red sea for banks

Why keep on dropping? Oh no..

This is crazy...what the heck of those good target price from the research house..damn ..unlimited drop

Looks like going to Holland...

Drop like hell...

https://www.theedgemarkets.com/article/ghosts-september-may-revisit-klci-spectre-covid19-haunts-investors

Run! September ghost coming

Our cimb still holding strong after all political unstability...good job sotong! Am confident to soar during september when we are opening up our economy

Yes! up to the sky 4.7

RHB maintains 'buy' on CIMB

ANALYST REPORTS

Friday, 16 Jul 2021

8:47 AM MYT

KUALA LUMPUR: CIMB Group Holdings Bhd has said that its buffers remain comfortable despite some need for top-ups as more borrowers apply for repayment relief given the latest moratorium.

"The banking group is maintaining its 80-90bps credit cost guidance for now, but acknowledges the heightened uncertainties, especially in Malaysia.

"There could be some further top-up provisions (hinges on the lockdown period) but management reiterated that the existing pre-emptive buffers are still sufficient," said RHB Research in a note following a briefing.

The portion of Malaysian consumer loans on relief programmes fell to as low as 6% in end-May versus 14% in end-Dec 2020 but has since climbed higher, given the latest iteration of the moratorium.

In terms of applicant mix, management is seeing more new applicants versus repeat applicants).

CIMB expects the overall portion to peak under 20%, given the nuances in the latest moratorium.

The opt-in nature and interest accrual would deter opportunists from applying for this relief while modification losses should be lower as well.

RHB Research, which has a "buy" call on the stock with a target price of RM5.20, said CIMB's overall operations and asset quality are still stable.

"We take comfort that the decline in the number of borrowers on relief programmes up to end-May has freed up provision buffers to absorb the latest round of lockdowns.

"This also decreases the immediate need to make significantly higher provisions, and buys management time to observe the trends first," it said.

It added however that the situation remains uncertain and there could be a need for some top-ups.

Commenting on CIMB's 2Q results, RHB said CIMB's topline trend was decent with net interest income supported by favourable net interest margin movement while non-interest income declined quarter-on-uyqarter on lower unit-trust/wealth management income.

Opex grew year-on-year from a low base but 1H21 trajectory was within guidance, due to tight control on personnel and marketing expenses.

The deconsolidation of TnG Digital has also resulted in savings totalling MYR200mil from further losses

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TAGS / KEYWORDS:RHB Research , CIMB , Banking , Moratorium

Up up up..hooray....5 5 5

yes! i love cimb!!! all the way up!! no body can stops you !!

Lets hug together and shout rm5 all the way

Yes.power sotong..finally..float to the sky

YES! MY DEAR SOTONG SHOW POWER UP! ALL THE WAY BACK TO 5++

Hopeless sotong...everyday new low...wana cry already

good!! up up up my dear sotong! all the way up!