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4 comment(s). Last comment by Keyman188 2021-09-01 10:06
Posted by Keyman188 > 2021-09-01 09:50 | Report Abuse
Really laugh die Keyman188 liao...
Fortunate Keyman188 never listen to you...
wkwkwk...kekeke...hehehe...
Posted by calvintaneng > 2021-09-01 10:03 | Report Abuse
No need
Gpacket, mmag and Sendai punters also never listened and all chased at same bullish price of Rm1. 60.
Posted by Keyman188 > 2021-09-01 10:06 | Report Abuse
Your investment behaviour more on gambling than investment...
Keyman188 really pity newbies never study & follow your suit...
wkwkwk...kekeke...hehehe...
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Mercury Securities Research
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save malaysia!
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The Alpha Trader
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,026 posts
Posted by calvintaneng > 2021-09-01 09:47 | Report Abuse
No. Cannot overweight on banks for these reasons
1. Covid 19 still ongoing and more than 70% of SMEs either closed or scale down operations due to MCO lock down
As such loans will shrink as Cimb bank forecasted
2. The profits and dividends of banks currently cannot be sustained as day of reckoning for Loan moratorium deferred
Once Loan payment resumes many will default and banks will book huge losses leading to impairment of bank's balance sheet
Then Npl will rise and dividends will dry up
In fact must sell banks now in euphoria