My analysis with ROA & P/B is sufficient for me to estimate CIMB price. When it was traded near 7.00 earlier this year, I had issued a downgrade to 5.00-5.50. Price did fall to a low of 5.25 before recovery.

May 21, 2018 11:20 AM | Report Abuse

CIMBs ROA of 0.88% is almost similar to RHB & AMMB but valuation wise command a high premium. I reckoned the premium is given due his relationship with Najib as PM previously. Hence due to changes in gov, it may face heavy selling pressure. May drop to 5.00-5.50

Ok...looks like u know alot more than i think.

You can never use stock price to compare value. As I said b4, price tell absolutely nothing about its underlying value. For bank you need to use ratio like ROA, P/B to compare value. Other industry, you normally use P/E ratio, DY. I think i just repeated what i had explained earlier. Pls try to understand it or else we ll stuck in a circle.

What is it to compare? Both have different ROA, of coz different P/B also.

Looks like u like to be spoon feed.
Bank valuation got alot to do with its ROA. Rule of thumb is the higher the ROA, the higher its P/B value. By saying so, book value is not key to valuing banks. Earnings still are key to valuing banks.

The most basic lesson is stock price is not an indication of its value, in fact it tell absolutely nothing about its value. A 24.00 stock can be cheaper in term of valuation compare to a 0.25 stock. Most beginner do not comprehend this, thus end up buying all the penny stock thinking its cheap.

2. The price of Public Bank is around RM24.00 (way too high from the other 2 banks) whereas CIMB & MAYBANK's prices are closer to each other (only a difference of a few RM).

Comparing the price shows that u dunno what u r talking about bank valuation.

Insaf lah...masih belom lewat.

Dear shareholder, in view of the majority of our directors are currently residing in Sg Buloh with limited movement, next AGM will be held in Sg Buloh Correction Centre. Please bring your own food and drink as it will not be provided.

This kind of announcement means time to sell.

Rule of the game
When the euphoria is on, its time to go !!

I expect there will be a further upside to 1.80-1.90 range before trending sideway downward as what happen previously. I may be wrong on the price range, but that is the trend

P/E is based on long term historical growth and expected forward growth. DUFU has a low single digit P/E is because of its historical low growth rate. Its 10 years Net profit CAGR is less than 1.0%. As for its forward growth, it is for anyone to guess.

All the gain already taken by insider la. Before result, already up by 50%, after good result out, straight away stagnant. Great plot by DUFU management. Now waiting for sohem retailer to go in only. If you wanna get stuck and stranded like last time, be my guest

Insider trading for this counter is too obvious. Up nearly 50% before result out. SC should investigate and make arrest

keke...thank you and bye bye.
enjoy the ride.

If you follow analyst price target, 90% will lose money. That is a facts.
They are here whacked u, not help u make money. Nothing is free in this world including advise.

stockistlearner before this, many analyists still recommend a buy on yongtai. all these jokers just a group of heartless people conning the retailers to buy a free falling counter. they are deserved to be cursed into the hell.

"egg and plantation is no a major..surimi only is major"

Marine products (incl. surumi) contributed only 26% of the revenue while the rest poultry (egg, broiler) and plantation consist of 74%. Which part confuse u ??

Layhong boss said...its time to slaughter the "chicken". keke

Next year March revenue will boost up at least 2 times if All target complete. :)

This is impossible when most of the revenue is derived from gambling esp VIP segment.

Good prospect already reflected in the current price. Once not so good news or uncertainty kicks in, price will drop. Welcome to the stock market.

LEESK is a goreng stock that has nearly reached its peak. Better get ready to run on any major dip. Fair value is around 0.34 translating to a forward P/E of 8.0x inline with peers LIIHEN (8.6x), POHUAT (7.6x)

Extremely undervalue. Upgrade CBIP to 1.85 @ P/B of 1.35x

nevermind...buy back now. afternoon session another rocket

VS cum d...buy buy don't wait. Forget bout the stupid trade war and buy

told u all already...anchovies never learned.

FY19 Q1 margin at > 5.0%, recovery confirmed. RETAINED STRONG BUY at 6.50 translated to a div yield of 4.6% at 30 cents div.

Keke..Jururawat. Told u gonna end up in hospital

Brandon Lim This is non dividend stock, only depend on price differences, those who expect dividend and price gain can try Gkent

GADANG gave 3 cents which translate to around 4% DY. Which part confuse u ?

Nicholasming91 U don't need to tell me what is P/E. Company like GADANG & GKENT has a net profit growth of more than 20% CAGR over 10 years, yet trading at a single digit P/E . That is real growth, what VIZIONE has is only expectation or mere illusion.

Just giving a neutral view on the company. Not all negative. I did gave positive comment on TUNEPRO, PERSTIM, SCIENTX, GADANG, VS

Most construction stock are traded at single digit P/E. VIZIONE is now at P/E of 20x and this is expected to reduced to 15x when next quarter result out which will reflect the normalized P/E after asset injection. At 15x it is still expensive. STRONG SELL.

Very good Q4 result. Strong revenue growth and profit (excl impairment of almost 10M). Recent price drop is unwarranted and present a big discount on GADANG. INITIATE STRONG BUY at 1.00

All dam works in Laos may be stop indefinitely for safety inspection and scrutiny following the deadly incident that rocked the country

Its confirmed GAME OVER !!!

Post removed.Why?

Post removed.Why?

Company is losing money thus expect no dividend..that is enough to overwrite all the pros above. Recent dividend is consider an one off after almost 5 years of drought.

Cash per share at RM0.96 compare to current price of 0.75. Unless the major shareholder is willing to sell the whole company or distribute it as dividend otherwise its meaningless to retail investor.

STRONG BUY. 0.95 resistance breaked, heading towards 1.10

Told u..need to relax. Dont be like Superpanda

Relax...just an expected correction. Upward trend remain intact

minor pullback. Now its good time for sour grapes to collect and redeem their mistake. Good news going to be released when it touch 2.00

Highly leverage & poor dividend. Profit is expected to stagnant for long time.

up first, news come later as usual.

Preparation to shotup again

Fair price remain unchanged at 0.385

anchovies like to be fried until hangus then only wake up 1.

ayo...if drop below 0.35 its game over d la. Going to expire in 6 months. They r not going to allowed that happen. Only way is up but must in the money. Cannot outrun the mother by far.

collect warrant first, mothers will push up soon

Run anchovies...this time is a real dive back to its fair price of 2.35