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2021-02-27 15:56 | Report Abuse
https://www.theedgemarkets.com/article/analysts-mixed-cimbs-outlook
UOB Kay Hian’s analyst Keith Wee sensed growing optimism from CIMB’s management about the group’s recovery prospects for the financial year ending Dec 31, 2021 (FY21) despite the reimposition of the movement control order (MCO).
“The take-up rate of targeted assistance surprised on the downside even within the B40 (bottom 40% income) group. As such, the group could potentially deliver the strongest earnings recovery in 2021,” he opined in a report today.
Wee believed that the worst could already be over for CIMB in FY20, suggesting a two-year earnings compound annual growth rate (CAGR) of over 100%.
“The lumpy bond and derivative impairments (about RM500 million), oil and gas (O&G) specific provisions (RM1 billion), coupled with management provision overlays in FY20, could potentially set the stage for a staggering two-year earnings CAGR in excess of 100% for FY21 to FY22,” he added.
On the other hand, RHB Research Institute analysts Liew Wai Hoong and Fiona Liong maintained their "buy" call on CIMB, with a TP of RM5.10.
They shared the same view with UOB’s Wee, pointing out that CIMB’s total provisions are expected to have been elevated in the fourth quarter of FY20 (4QFY20) as the lender brought forward more provisions to FY20, “thus paving way for a cleaner recovery in FY21” where credit cost is expected to be lower year-on-year (y-o-y).
2021-02-27 02:05 | Report Abuse
https://www.theedgemarkets.com/article/cimb-targets-45-loan-growth-2021
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-provisions-loans-fy21
“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.
2021-02-26 12:36 | Report Abuse
ATK surely must have his purpose, if not, why do you think he wants to waste his time here...
....on what could be his purpose, then you need to use your intelligence.....haha...
2021-02-25 23:20 | Report Abuse
Going through the list that report today, other the banks, most do not pay dividend.....8.5 sen is considered very good.
2021-02-25 22:45 | Report Abuse
@DestinyL......RM15K....is it enuf to do renovation for your kitchen?
Sorry for not chun ya....
2021-02-25 18:13 | Report Abuse
MBB made 57.66 sen and pay 52 sen dividend....I guess can expect good dividend from most good companies...that's why market shot up after MBB and PBB QR.
2021-02-25 18:12 | Report Abuse
Haha....operator can push for few days and run at HIGH....what a joke haha....think so easy as playing masak masak....haha...LOL
2021-02-23 01:12 | Report Abuse
Why would operator want to push high for everyone to run and profit while they buy all the high and loose money...haha.
2021-02-23 20:12 | Report Abuse
Haha...ATK...operator don't give easy short term gain....they will shake up and down when collecting.....
2021-02-25 14:42 | Report Abuse
MBB and PBB higher after dividend announcement...
2021-02-25 12:44 | Report Abuse
Wow....DestinyL holds 50% more than me.....so envy....
...hope will consolidate more for me to chase DestinyL....
2021-02-25 12:27 | Report Abuse
https://www.theedgemarkets.com/article/amresearch-upgrades-cimb-buy-raises-fair-value-27-rm520
AmInvestment Bank Research (AmResearch) has upgraded CIMB Group Holdings Bhd to a "buy" from "hold", and revised up its fair value (FV) to RM5.20 from RM4.10, saying the stock's “valuation remains undemanding”, and that the bank is one of the systematically important banks envisaged to post improved earnings by riding on the economic recovery.
2021-02-25 12:10 | Report Abuse
@apple168.....anymore monkey stories to entertain us?
...or you are saving the stories to entertain yourself?
2021-02-25 12:05 | Report Abuse
@DestinyL very likely cos the boss needs $$$
2021-02-25 12:01 | Report Abuse
I predict a dividend of 10-15 sen.....
2021-02-25 12:00 | Report Abuse
Today's recovery trade is more confined to Banks....my CIMB is nice.......pridicting a dividend of 8-9 sen coming....
2021-02-25 11:54 | Report Abuse
Whole world, banks stock price are flying....this one remains one of the most attractive....after QR, confirmed dividend coming....will probably FLY !
2021-02-25 11:44 | Report Abuse
Consolidating recent gains while waiting for QR, very healthy.
If dividend is attractive, sure will OVERTAKE SUPERMAX !
2021-02-25 00:57 | Report Abuse
The one who walked off still pretended that he is still holding....hope he can continue to pretend and join us to continue cheering....must be very stressful for him to do so....haha.
2021-02-24 23:58 | Report Abuse
https://www.cnbc.com/2021/02/23/stock-market-open-to-close-news.html
Dow turns higher boosted by recovery plays, S&P 500 is flat amid tech sell-off
2021-02-24 23:56 | Report Abuse
MARKETS
Dow turns higher boosted by recovery plays, S&P 500 is flat amid tech sell-off
https://www.cnbc.com/2021/02/23/stock-market-open-to-close-news.html
2021-02-24 23:35 | Report Abuse
MARKETS
Dow turns higher boosted by recovery plays, S&P 500 is flat amid tech sell-off
https://www.cnbc.com/2021/02/23/stock-market-open-to-close-news.html
2021-02-24 23:34 | Report Abuse
https://www.cnbc.com/2021/02/23/stock-market-open-to-close-news.html
MARKETS
Dow turns higher boosted by recovery plays, S&P 500 is flat amid tech sell-off
2021-02-24 23:32 | Report Abuse
Norwegian Cruise....Royal Caribbean....United Airlines....up 5+ to 6+%....leading gains in US....
Sector rotation continues....
2021-02-24 23:04 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation continues.....
2021-02-24 22:56 | Report Abuse
Dividend will probably be 8 to 9 sen.
2021-02-24 22:52 | Report Abuse
This one uptrend.....
....Gloves downtrend....
....very soon price will be higher than Supermax and TG.
2021-02-23 21:33 | Report Abuse
Dow future flat.....Nasdaq drop 230 points.....
....there's rotation out from tech to cynical, recovery and value...
....if this continue, it's good for the overall market.
2021-02-23 21:30 | Report Abuse
@newbie2019.....I suspect one has left and now try to spread negativity....DestinyL noticed also....
2021-02-23 21:27 | Report Abuse
Wow....DestinyL is so smart to notice....clap clap
2021-02-23 21:21 | Report Abuse
@choysun.....aiya, you read the above posting can tell already mah....
2021-02-23 20:43 | Report Abuse
@newbie2019......while some haven't collected enuf....from the posting, you can tell one have already left....haha.
2021-02-23 12:39 | Report Abuse
Posted by sharewiz118 > Feb 23, 2021 12:19 PM | Report Abuse
This chat room is slightly different today, i miss all those glove kaki who talk 3 and talk 4 in this room, where are they ?
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They all cry no tears liao....boh lat talk 3 talk 4 anymore....
2021-02-23 01:26 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
....similar over here....rotating out from GLOVES to RECOVERY
2021-02-23 01:25 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
....similar over here....rotating out from GLOVES to RECOVERY
2021-02-23 01:24 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
....similar over here....rotating out from GLOVES to RECOVERY
2021-02-23 00:06 | Report Abuse
@choysun says when his indicator appears...tomorrow up.
2021-02-22 23:40 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
2021-02-22 23:39 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
2021-02-22 23:30 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
....similar over here....rotating out from GLOVES to RECOVERY
2021-02-22 23:29 | Report Abuse
In the US market tonight, last year's winners...Technology is down
....last year's losers....Energy and Financial is up
....rotation going on...
....similar over here....rotating out from GLOVES to RECOVERY
2021-02-22 23:15 | Report Abuse
Financial and Energy is up in US....Technology is down.
2021-02-22 17:24 | Report Abuse
2021-02-22 15:30 | Report Abuse
https://www.theedgemarkets.com/article/cimbs-wealth-management-arm-named-best-private-banking-services-provider-malaysia
KUALA LUMPUR (Feb 22): CIMB Group Holdings Bhd’s wealth management arm CIMB Private Banking was named the overall best private banking services provider in Malaysia, according to Euromoney Global Private Banking and Wealth Management Survey 2021.
2021-02-22 14:39 | Report Abuse
I am referring to the one with just 19 posts....
Stock: [MAHSING]: MAH SING GROUP BHD
2021-02-27 17:12 | Report Abuse
Kenanga...Buy Call...TP 1.05
HLB...Buy Call....TP 1.15
AmInvest...Buy Call...TP 1.28