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2020-12-11 22:27 | Report Abuse
New CEO came in, made high provisions the last 2Q to improve balance sheet, initiate cost saving measures to save 500M this year, change a few top management in Singapore......next year performance will be GOOD.
CIMB NIAGA has breached 52 week high, CIMB is still down 18% YTD.
2020-12-10 22:09 | Report Abuse
Yes...52 weeks high was 5.40...
....CIMB NIAGA has already breached its 52 week high...result of strong buying by funds.....
....now CIMB is playing catch up.
2020-12-10 17:55 | Report Abuse
@yfchong......no say....die liao ah ??
....ha...ha...
...cheers....Santa Claus comes early.
2020-12-10 17:43 | Report Abuse
Yes...it is still at accumulation stage....
2020-12-10 15:50 | Report Abuse
Ha...ha....fundamentally, bank will recover faster than Genting.
I do own Genting also.
2020-12-10 13:12 | Report Abuse
So sell at 91 and afternoon buy back at 89....everyday make 2%....very fast will be very rich....
2020-12-10 13:07 | Report Abuse
New CEO came in, made high provisions the last 2Q to improve balance sheet, initiate cost saving measures to save 500M this year, change a few top management in Singapore......next year performance will be GOOD.
2020-12-09 21:15 | Report Abuse
Strong buying by funds of CIMB NIAGA, price touch 52 week high....now focus is switch to CIMB Malaysia.....price still 25% off 52 week high.
2020-12-08 19:40 | Report Abuse
https://www.theedgemarkets.com/article/serba-dinamik-raise-rm515m-private-placement-repay-bank-borrowings-fund-projects
To issue 336M new shares, price at RM1.35
2020-12-08 17:30 | Report Abuse
Wow....Genting Up again....
@shareinvestor88....how is your day??
...have you taken your medicine??
2020-12-07 12:58 | Report Abuse
@shareinvestor88....Genting is up again...
....how is your day today?
....have you taken your medicine?
2020-12-05 15:00 | Report Abuse
Haha....only Genting....why no promote CIMB....haha
2020-12-05 14:47 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/12/05/is-it-time-to-switch-to-cyclical-stocks
For investment exposure, the brokerage says it strongly recommends undervalued blue-chips, especially in the banking sector, and stocks that will benefit from the economic recovery.
2020-12-05 13:43 | Report Abuse
52 week high was 5.40, window dressing activities, if it materializes, could potentially bring it to 4.20 - 4.50 level.
2020-12-04 18:25 | Report Abuse
Wow....KWAP sold 695k shares on 27-11....
....bought back 1236k shares on 30-11....
2020-12-04 12:16 | Report Abuse
Where is the Apanama bomoh who used to say....see you at 1.80 - 2.00 ??
2020-12-04 12:09 | Report Abuse
Yes....pity the gloves worshipers.....
2020-12-04 12:07 | Report Abuse
Wow.....my sotong is now so sexy......
.....nearer to year end...more sexy....window dressing.
2020-12-03 17:43 | Report Abuse
https://www.theedgemarkets.com/article/midf-sets-2021-fbm-klci-target-1700-points
During the virtual briefing, Syed Muhammed Kifni said MIDF's top picks include Bermaz Auto Bhd, MBM Resources Bhd, Mah Sing Group Bhd, Public Bank Bhd, Hock Seng Lee Bhd, Gas Malaysia Bhd, RHB Bank Bhd, Sunway Construction Group Bhd, Hong Leong Bank Bhd and IJM Corp Bhd.
2020-12-02 15:14 | Report Abuse
YES !
One year target....
CIMB....1.35
HLB.....1.41
Ambank..1.50
Buy and keep for one year....don't trade.
2020-12-02 12:18 | Report Abuse
It seems banks are doing better during this recovery play.
2020-12-01 23:36 | Report Abuse
Financial lead gain in US, up more than 2%.
2020-12-01 23:29 | Report Abuse
Financial lead gain in US, up more than 2%.
2020-12-01 20:42 | Report Abuse
https://www.freemalaysiatoday.com/category/business/2020/12/01/experts-predict-world-economy-to-recover-from-pandemic-by-next-year/
Experts predict world economy to recover from pandemic by next year
2020-12-01 20:41 | Report Abuse
https://www.freemalaysiatoday.com/category/business/2020/12/01/experts-predict-world-economy-to-recover-from-pandemic-by-next-year/
Experts predict world economy to recover from pandemic by next year
2020-12-01 19:49 | Report Abuse
12 months target.....
Kenanga....1.05
MIDF.....1.07
HLB.....1.41
Ambank....1.50
Just buy and keep.......
2020-11-30 13:22 | Report Abuse
@JBond007....yes me too....waiting to increase Genting to have a more balance exposure.
My CIMB is now +7.55%
My Genting doing better at +21.65%
Wait next year.....HUAT!
Cheers.
2020-11-30 12:41 | Report Abuse
@JBond007....which is your bigger portfolio ....CIMB or Genting....
.....My CIMB is heavier than Genting.
2020-11-30 12:38 | Report Abuse
KLCI YTD is UP
CIMB YTD is down 28%
Good chance of window dressing by funds at year end.
2020-11-30 12:34 | Report Abuse
The worst is over.....
....now hoping for window dressing at end December.....
2020-11-30 12:32 | Report Abuse
First session :
CIMB down 2.61%
Public Bank down 2.80%
Amazing Sotong..........
2020-11-29 14:58 | Report Abuse
@serendipity89.....EPF are just taking profit (they have been buying when prices were low).
They are also selling Public Bank and lately on 19/11 and 20/11, they have also sold Maybank.
KWAP has also been selling Maybank....
This kind of profit taking is normal.....their dividend are based on REALIZED GAIN.
2020-11-28 18:43 | Report Abuse
Big lump sum provisions for the 2 O&G accounts in Singapore had been provided for in Q2 and Q3.
With revenue returning to almost normal, Q4 should be a big improvement.
Market is forward looking, I guess the worst for the share price was over when it fell below RM3 in October/early Novenber.
2020-11-28 18:05 | Report Abuse
https://www.freemalaysiatoday.com/category/nation/2020/11/28/epf-doesnt-need-to-borrow-extra-funds-for-withdrawals-says-najib/
To meet the cash flow needs of the estimated RM70 billion in EPF withdrawals, Najib said the retirement fund only needed to liquidate its government bonds into the secondary market where there are ready buyers.
“Alternatively, I have also suggested that EPF sell bonds to Bank Negara Malaysia (BNM) in order to minimise the impact on our secondary bond markets and prevent any sudden spike in yields.”
Stock: [CIMB]: CIMB GROUP HOLDINGS BERHAD
2020-12-12 12:17 | Report Abuse
https://www.theedgemarkets.com/article/jp-morgan-pegs-these-glove-makers-fair-value-half-their-market-price-says-supernormal-cycle
Funds from Gloves will switch to Banks.