Haha..... :)

choysun lai lo.....Dow will up 1000 tonight :p

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UPDATED THU, NOV 10 20228:33 AM EST
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Dow futures surge more than 600 points after October inflation report is lighter than expected

https://www.cnbc.com/2022/11/09/stock-market-futures-open-to-close-news.html

Dow future surge more than 600 points....

Santa Claus is coming to town :)

https://www.theedgemarkets.com/article/bkm-phase-4-each-recipient-get-rm900-based-respective-category-says-ismail-sabri

That's why Pinky is holding.....Tiger :p

Haha.....

Cash rich investors buy bank stocks for its dividend....not to sell for capital gain
...and this also no cash non investors will not understand.

This lesson "no cash" non investors will never understand.

Cash rich investors make money when there is cheap sale...like during pandemic 2020....not when market is up.....

When market is down,"no cash" "non investors" are excited and happy....but they didn't know that cash rich investors are also so happy.....haha.

Posted by choysun > 5 hours ago | Report Abuse

What will Mr Powell say today? Hmmm

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Hohoho.......Santa Claus is coming to town :)

Best month in history, beating the record of January 1976.....walao eh.

https://www.malaymail.com/news/money/2022/10/29/wall-street-surges-to-sharply-higher-close-ahead-of-fed-week/36156

“This has been one of the best months (so far) in the history of the Dow, suggesting the bear market likely ended,” said Ryan Detrick, chief market strategist at Carson Group in Omaha. “Big monthly moves historically happen at the end of bear markets.”

“This is the second Friday in a row we’ve seen aggressive buying suggesting investors are growing more comfortable holding over the weekend,” Detrick added.

If dividend is lower, the CEO will probably loose his job very quickly.......haha :p

This new CEO was probably chosen based on his track record while he was CEO at RHB (he did a good job at improving returns there)....PNB is the major shareholder and they want high returns to enhance dividend for their unit holders, so, how can dividend be lower when loan growth is projected to improve at a higher rate of 7%......and ROE is projected to improve by 10 to 20% from current level.....

ROE of 11 to 12% is lower than earlier projection BUT it is still 10 to 20% higher than historical ROE of slightly below 10%.
With a projection loan growth of 7% (which is higher than current historical of 3%) dividend for coming years should probably be higher.

Malaysia is normally slow to respond/follow :p

Today, Banks in Singapore are flying 3 to 4 %.......DBS group is now up 3.5%

No la, not all Malaysia blue chips are half dead....all banks are doing fine....CIMB is near 52 week high. :)

Singapore's blue chips flying......

What recession ?

"non investor" 's prayer not answered.....must be very disappointed.

https://www.cnbc.com/2022/10/26/stock-market-futures-open-to-close-news.html

Dow soars 500 points as traders cheer stronger-than-forecast U.S. economic growth data

Yes.....yes.....don't miss the boat for post GE bull run :)

Sorry, not certain sector, with the exception of Tech, ALL sectors are flying....haha :p

Wow...."certain sector" is flying in US tonight..... :p

https://www.theedgemarkets.com/article/cimb-niagas-9mfy22-pbt-rises-225-yoy-5-tril-rupiah-strong-business-growth-better-cost

Good for you la.
Congrats.

https://www.theedgemarkets.com/article/glove-share-rise-nudges-healthcare-gauge-highest-two-months

Buy anything also Huat ah........very good....congratulation to all "investors"

Yes, agree.

If strong government, KLCI up.....then I guess the "non investors" will probably vote the opposite ....haha :p

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

Wow....above my purchase price liao.......4.50 coming........next will be 5.00.....

.....hohoho......santa comes early this year :)

PETALING JAYA: Investor sentiment on Bursa Malaysia will be primarily led by domestic issues such as the 15th General Election (GE15) as its decouples from the impact of external developments, which has been the case in the past few months.

Despite a sharp sell-off in Chinese stocks on the Hong Kong stock exchange this week, the FBM KLCI remained resilient and closed two points lower at 1,444 points yesterday.

The local equity market has been chalking out gains since mid-October after Parliament was dissolved on Oct 9, rising some 72 points from a low of 1,372 on Oct 13 till market close yesterday.

Market analysts believe investor expectations for a strong government in place at Putrajaya post-GE15 in late November should see the local market move higher despite the heightened risk factors and volatility in global markets.

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

PETALING JAYA: Investor sentiment on Bursa Malaysia will be primarily led by domestic issues such as the 15th General Election (GE15) as its decouples from the impact of external developments, which has been the case in the past few months.

Despite a sharp sell-off in Chinese stocks on the Hong Kong stock exchange this week, the FBM KLCI remained resilient and closed two points lower at 1,444 points yesterday.

The local equity market has been chalking out gains since mid-October after Parliament was dissolved on Oct 9, rising some 72 points from a low of 1,372 on Oct 13 till market close yesterday.

Market analysts believe investor expectations for a strong government in place at Putrajaya post-GE15 in late November should see the local market move higher despite the heightened risk factors and volatility in global markets.

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

PETALING JAYA: Investor sentiment on Bursa Malaysia will be primarily led by domestic issues such as the 15th General Election (GE15) as its decouples from the impact of external developments, which has been the case in the past few months.

Despite a sharp sell-off in Chinese stocks on the Hong Kong stock exchange this week, the FBM KLCI remained resilient and closed two points lower at 1,444 points yesterday.

The local equity market has been chalking out gains since mid-October after Parliament was dissolved on Oct 9, rising some 72 points from a low of 1,372 on Oct 13 till market close yesterday.

Market analysts believe investor expectations for a strong government in place at Putrajaya post-GE15 in late November should see the local market move higher despite the heightened risk factors and volatility in global markets.

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

@choysun.....Dow future bull or bear ?

Now is.....Dividend ....Dividend.........Dividend !

HSI down 6%.......HSBC up 1.3%

@1invest1 noted.
Thanks.

Has the stock gone thru any new issue lately? bonus or rights ?

One of my favorite in 2013/4 (the other was KSL, my heavyweight then)....long time never follow this stock, 52 high is 1.72, why dropped so sharp and so much lately?

Yes Yes Yes.....this year not only Santa is coming....choysun is coming too :)

Say like that.....does it mean he is confident that there are more feel good to come ..closer to polling day? :p :p

“When the Election Commission announced the election date, the stock market rose and this is a sign that investors and business community want stability."

https://www.thestar.com.my/metro/metro-news/2022/10/22/mca-eager-to-win-back-selayang-seat

@choysun...Yes, you ask Bursa to open on Monday, please :)

Vote $$$$$$ :p