“Positive sales momentum in 4Q20 and developers’ ambitious 2021 sales target have further reinforced our bullish view on the sector. We think developers deserve a re-rating, considering their robust future sales growth and attractive valuations,” it noted.

It also likes Mah Sing Group Bhd, which it has assigned a TP of RM1.23 for its fast turnaround business model in both property development and healthcare business.

https://www.theedgemarkets.com/article/bursa-property-index-most-vaccine-drives-economic-recovery-optimism

@Stocksafeplayer...you are welcome.

Very attractive risk reward ratio....very strong support at about 78 sen....52 wk high was 1.47.....only starting to move today....

...the start of property play.

Another good buy !

https://www.theedgemarkets.com/article/bursa-property-index-most-vaccine-drives-economic-recovery-optimism

“Positive sales momentum in 4Q20 and developers’ ambitious 2021 sales target have further reinforced our bullish view on the sector. We think developers deserve a re-rating, considering their robust future sales growth and attractive valuations,” it noted.

It also likes Mah Sing Group Bhd, which it has assigned a TP of RM1.23 for its fast turnaround business model in both property development and healthcare business.

Disclaimer : I do own Mahsing

https://www.theedgemarkets.com/article/bursa-property-index-most-vaccine-drives-economic-recovery-optimism

“Positive sales momentum in 4Q20 and developers’ ambitious 2021 sales target have further reinforced our bullish view on the sector. We think developers deserve a re-rating, considering their robust future sales growth and attractive valuations,” it noted.

It also likes Mah Sing Group Bhd, which it has assigned a TP of RM1.23 for its fast turnaround business model in both property development and healthcare business.

Today is warming up day for next leg up.....

https://www.theedgemarkets.com/article/bursa-property-index-most-vaccine-drives-economic-recovery-optimism

Bursa property index up the most as vaccine drives economic recovery optimism

Posted by vanbasten9 > Mar 10, 2021 11:12 PM | Report Abuse

When genting ex dividend please ?

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12th March....tomorrow last day cum dividend

Posted by DestinyL > Mar 10, 2021 4:25 PM | Report Abuse

Two other persons missing suddenly were Dr Kelvin and Michaelchan or something

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There was another one....who strongly defended when it was trading below 4......but when it broke 3....I suspect he got panicked and sold off.....and disappeared from the forum......haha.....steady bombibi

....not long ago he appeared to warn of bull trap...haha...lol

https://www.theedgemarkets.com/article/cimb-investment-bank-named-malaysia-bond-house-year-ifr-asia-awards

KUALA LUMPUR (March 9): CIMB Investment Bank Bhd said it has been named Malaysia Bond House of the Year in the IFR Asia Awards 2020, in recognition of its outstanding performance in a series of complex and innovative debt financing deals and continued leadership in the ringgit bond market.

https://www.thestar.com.my/news/nation/2021/03/09/interstate-tourist-travel-between-rmco-destinations-allowed-subject-to-strict-conditions-says-ismail-sabri

Posted by Keyman188 > Mar 9, 2021 12:11 PM | Report Abuse

@DestinyL....SP Setia moving today...

Heading back above 1.00 soon............

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Property index up 2.66%

Mahsing looks good.

Kenanga TP 1.05

HLB TP 1.15

Aminvest TP 1.28

Disclaimer : I do own Mahsing

Financial lead rally in US....up 2.3%

Dow up 500

Nasdaq down 100

@newbie2019....ya loh, I also missed the boat :(

New cases 1529

Warming up only...still at accumulation mode.

CIMB got better value....

Posted by DestinyL > Mar 8, 2021 10:54 AM | Report Abuse

@Pinky, I'm looking at PPB 5 year closing high at RM19.96
Now already around 18.60, considered almost historical high lah

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Now PBB is at RM22....before bonus 4 for 1

WoW Morning....

.....should have listened to newbie2019 :(

1683....yat lou fatt sang.....

....tomorrow start to fly again.

https://www.malaymail.com/news/money/2021/03/07/china-exports-spike-to-highest-in-decades-after-covid-19-hit/1955621

https://www.theedgemarkets.com/article/fbm-klci-likley-trade-higher-next-week

KUALA LUMPUR (March 6): The FBM KLCI is likely to trade higher next week on the back of energy and finance counters due to stronger oil prices and Bank Negara Malaysia’s decision to keep the overnight policy rate (OPR) at 1.75%, according to an analyst.

Axi chief global market strategist Stephen Innes said the benchmark index would likely trade between 1,580 and 1,610 next week, well supported by banking stocks that benefited from the recent decision by the central bank in its second Monetary Policy Committee meeting.

"The KLCI is well weighted to benefit from banking and energy," Innes told Bernama

https://www.bloomberg.com/news/articles/2021-03-06/chinese-investors-turn-to-bank-stocks-as-market-darlings-plunge

China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout in the market’s darlings.

The CSI 300 Banks Index has climbed 12% this year and is trading near the highest since 2007 even as price-to-book valuations remain at just over half of its 14-year average. Liquor maker Kweichow Moutai Co., a favorite among investors, is down 21% from a February peak, with 30-day volatility at a two-year high.

Appetite for Chinese bank stocks, long regarded as perennial laggards, is growing as investors hunt for cheaper parts of the market to escape lofty valuations in growth shares spurred by liquidity-fueled gains this year. That also comes as investors recast expectations for the year amid a surge in U.S. sovereign bonds that’s sent global bank shares higher.

“Banks are the safest pocket to stay and the primary opportunity for the year, and we think the rally will be across the board, not just in the leaders,” said Wang Zhuo, fund manager at Shanghai Zhuozhu Investment Management Co. His fund unloaded about half of its holdings in consumer and technology stocks which turned expensive, and bought banks and other undervalued shares, he said.

New Management very confident that 2021 will be a povital year for CIMB.

https://www.theedgemarkets.com/article/cimb-targets-45-loan-growth-202...

“However, we are confident that the second half of the year will be a lot stronger. With that, we expect the financial industry performance to rebound, particularly as provisions come down,” said Rahman, adding that 2021 will be a pivotal year for the bank.

“We have also begun reshaping our portfolios to ensure we are well-positioned to accelerate growth in key segments,” he said.

Tesla trades like Malaysian Gloves....down 10%

https://www.cnbc.com/2021/03/04/stock-market-open-to-close-news.html

S&P 500 falls for a 4th day, Nasdaq drops 2% as high-flying tech gets hit

@newbie2019.....the highest price I bought was only 4.41....now it's 12% higher :(

....still good ah??

Posted by stkoay > Feb 27, 2021 2:05 AM | Report Abuse X

https://www.theedgemarkets.com/article/cimb-targets-45-loan-growth-202...

In 2021, we have set ambitious targets and to deliver better financial performance compared with 2020. I’m confident and optimistic, assuming that the economic recovery continues, that we will deliver on our targets,” said Rahman.

https://www.theedgemarkets.com/article/cimb-sees-significantly-lower-p...

“We do expect significantly lower provisions across our segments, and also across key operating markets — Malaysia, Indonesia, Singapore and Thailand, reflecting the recovery,” said CIMB’s group chief financial officer Khairul Rifaie at the bank’s FY20 financial result virtual briefing.

@newbie2019....my dividend only four figure....want it to be five figure...but need to add another 10k :(

Yours also four figure only...haha.

Destiny five figures but not enough to renovate kitchen...haha.

@DestinyL....yes PBB also sexy today....retail buying is very strong I guess...EPF has been selling heavily...about 10M shares for some days.

Many Supermax retail players have cut loss and buy recovery, I guess.

The other sifu here who owns CIMB is JBond007

For CIMB, I owned 50k more than Genting....but took some profit lately....now only 20k more than Genting...still my top holding.

@DestinyL....woke up late and missed the first half hour action...after seeing the low, I queued at 4.86....but till now not matched

...now, I am more attracted to my other heavy weight....CIMB....banks now look very sexy liao....haha.

10k share big meh...only about 5% of your holding

US Technology continue down.....

....recovery like Energy and Utility up

Wow...newbie2019 has added from 84 to 90....

...DestinyL lottery 4.89....so tomorrow may be I will try 10k at 4.88 :)

@choysun...actually I am now only 73% of my target....I was too cautious and missed the boat....good to average up at these levels?

https://www.theedgemarkets.com/article/economists-no-longer-expect-bnm-cut-rate-anytime-soon

KUALA LUMPUR (March 4): Economists no longer expect another rate cut after Bank Negara Malaysia (BNM) kept the overnight policy rate unchanged at 1.75% today.

Govt is considering allowing interstate travel according to zones — Ismail Sabri

https://www.theedgemarkets.com/article/govt-considering-allowing-interstate-travel-according-zones-%E2%80%94-ismail-sabri

Govt is considering allowing interstate travel according to zones — Ismail Sabri

Tomorrow....5.20

4.95 will be great... 4.98 will be superb
4.90 will be fine... let’s see

All no have....haha

Warming up for the next leg up.

Congratulations to all who bought yesterday.

Brilliant !!

https://www.theedgemarkets.com/article/bnm-maintains-opr-175-0

https://www.theedgemarkets.com/article/bnm-maintains-opr-175-0

https://klse.i3investor.com/insider/substantialShareholder/1295/03-Mar-2021/510271_1047070845.jsp

https://klse.i3investor.com/insider/substantialShareholder/1295/03-Mar-2021/510271_1047070845.jsp

https://www.theedgemarkets.com/article/maybank-ib-reiterates-fbm-klci-yearend-target-1830

KUALA LUMPUR (March 3): Maybank Investment Bank Bhd (Maybank IB) has maintained its end-2021 target for the FBM KLCI at 1,830, reflective of an equities-supportive environment of accelerating earnings recovery, ample market liquidity and relative attraction on ringgit-fixed income.

https://www.theedgemarkets.com/article/maybank-ib-reiterates-fbm-klci-yearend-target-1830

KUALA LUMPUR (March 3): Maybank Investment Bank Bhd (Maybank IB) has maintained its end-2021 target for the FBM KLCI at 1,830, reflective of an equities-supportive environment of accelerating earnings recovery, ample market liquidity and relative attraction on ringgit-fixed income.

The investment bank also upgraded ratings for banks to “overweight”