CIMB GROUP HOLDINGS BERHAD

KLSE (MYR): CIMB (1023)

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Last Price

5.71

Today's Change

+0.14 (2.51%)

Day's Change

5.56 - 5.72

Trading Volume

17,464,900


18 people like this.

16,877 comment(s). Last comment by pang72 1 hour ago

Posted by nelsonlimpy > 2 months ago | Report Abuse

Is the DRP price fix?

Posted by luckyparit > 2 months ago | Report Abuse

DRP price fix at 4.77, not bad

Posted by nelsonlimpy > 2 months ago | Report Abuse

After announced, price drop

stkoay

5,061 posts

Posted by stkoay > 2 months ago | Report Abuse

KUALA LUMPUR, Sept 18 — Former finance minister Lim Guan Eng has called on the government to protect the people and not banks’ profits.

The DAP lawmaker said the government should instead demand that banks share their “good fortune” following the rise in the overnight policy rate (OPR).

https://www.malaymail.com/news/malaysia/2022/09/18/protect-people-not-banks-guan-eng-tells-putrajaya/28767

BobAxelrod

5,634 posts

Posted by BobAxelrod > 2 months ago | Report Abuse

The problem is the Lims have a louder bark than a bite........and also never finish what they started........always.

speakup

18,992 posts

Posted by speakup > 2 months ago | Report Abuse

interest rate all around the world rising, not only in malaysia

Top Gun

65 posts

Posted by Top Gun > 2 months ago |

Post removed.Why?

kyliew

595 posts

Posted by kyliew > 2 months ago | Report Abuse

Support Lim idea

stkoay

5,061 posts

Posted by stkoay > 2 months ago | Report Abuse

Wow....nice, 5.50 again....investors will definitely get richer over the long term....
.....non investor busy busy trolling...busy busy monitoring the wealth of investors must be very stressed out.....haha....LOL

Posted by bullmarket1628 > 2 months ago | Report Abuse

Fed rate hike: US interest rates hit 14-year high in inflation battle
* By Natalie Sherman
* Business reporter, New York
21 September 2022, 19:01 BST
https://www.bbc.com/news/business-62973376.amp

The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world's largest economy.
The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%.
Borrowing costs are expected to climb more - and remain high, the bank said.
The move comes despite mounting concern that the cost of controlling inflation could be a harsh economic downturn…

Posted by bullmarket1628 > 2 months ago | Report Abuse

Wow, Fed Hikes Interest Rates 0.75 %
lifting the target range to a record high of 3% to 3.25%
Like that today CIMB will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

Posted by Michael_chan2022 > 2 months ago | Report Abuse

10月开始 联昌关闭13家分行
https://www.chinapress.com.my/?p=3132982

What has happened? Banking sector in trouble??

speakup

18,992 posts

Posted by speakup > 2 months ago | Report Abuse

Y drop so much?

Posted by NatsukoMishima > 2 months ago | Report Abuse

Lehmanm moment 2.0 coming , good luck to all bank stock holder !

kyliew

595 posts

Posted by kyliew > 2 months ago | Report Abuse

Staying at the sidelines with cash waiting to be deployed (all-in) at the right timing...... and keep 1-2 years to sell.

Michael Kwok

4,933 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Sell on strength price :5.12 onward
LGE is cursing bn company die,die,die means down,down,down.want bn company down in price
Tp below rm 4
4/10/2022 12.45am

stkoay

5,061 posts

Posted by stkoay > 2 months ago | Report Abuse

https://www.theedgemarkets.com/article/foreign-shareholding-cimb-rose-269-august-highest-pandemic-onset

KUALA LUMPUR (Oct 4): Foreign shareholding in CIMB Group Holdings Bhd rose to 26.9% in August 2022, the highest on record since the Covid-19 pandemic's onset in April 2020, according to the banking group's latest update.

stkoay

5,061 posts

Posted by stkoay > 2 months ago | Report Abuse

Elsewhere in Southeast Asia, Singapore has a “large representation” of companies — such as banks — that benefit from rising yields, said Raychaudhuri, adding that the country and India, Indonesia and Malaysia are “pockets of safety.”

Timothy Moe, chief Asia-Pacific equity strategist at Goldman Sachs, said there are three positive drivers for Southeast Asian markets.

Those include their delayed recovery from Covid, the emergence of a digital or “new” economy, and rising interest rates.

“Asean markets typically have a very high exposure to banks, and banks were not the place to be the last 10 years,” he told CNBC’s “Street Signs Asia” on Tuesday. “But they are now, with the interest rate cycle turning, and so that’s been a very significant tailwind for the Asean markets.”

Source : CNBC 4-10-22

speakup

18,992 posts

Posted by speakup > 2 months ago | Report Abuse

DRP form not out yet?

TheContrarian

7,405 posts

Posted by TheContrarian > 2 months ago | Report Abuse

@speakup, there's no need of a physical form. Can elect online.

speakup

18,992 posts

Posted by speakup > 2 months ago | Report Abuse

tqvm

EliteYY69

226 posts

Posted by EliteYY69 > 2 months ago | Report Abuse

Hi guys, may I know whats the brokerage interest for selling the odd lots ya ? is it worth to DRP ? I only able to reinvest 87 units

TheContrarian

7,405 posts

Posted by TheContrarian > 2 months ago | Report Abuse

I did odd lots trading 2 years ago, minimum brokerage RM12.

viknes36

45 posts

Posted by viknes36 > 1 month ago | Report Abuse

How to calculate DRP? Sorry as not familiar. Appreciate some guideline

speakup

18,992 posts

Posted by speakup > 1 month ago | Report Abuse

total dividend minus cash dividend then divide by 4.77
then round down to closest 100 unit
thats the max number of DRP units u can get

stkoay

5,061 posts

Posted by stkoay > 1 month ago | Report Abuse

Given the looming global downturn and political uncertainty on the local front, economists believe the stability of a new administration will augur well for the stock market.

Minority Shareholder Watch Group (MSWG) chief executive officer Devanesan Evanson said the stock markets prefer certainty and predictability.

Devanesan said this is because the markets tend to discount this uncertainty through stock prices.

https://www.nst.com.my/business/2022/10/840417/investors-likely-wait-and-see

Icon 888

1,699 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Crisis on the way.. keep bullet ya

stkoay

5,061 posts

Posted by stkoay > 1 month ago | Report Abuse

NEW YORK (Oct 14): It’s hard to be sympathetic when bank bosses effectively complain that their businesses are too safe and sound, and that customers are too conservative. Yet for the big US lenders who reported third-quarter earnings on Friday, that’s the reality. JPMorgan, Wells Fargo and Citigroup have what might be thought of as first-world problems.

Banks, then, are not the likely source of the next financial crisis. But that just means the real systemic threats lurk out of sight. Britain’s recent pension-fund margin call mini-crisis read more was an example of risk that financial regulators didn’t see coming, because they weren’t looking in the right place. The quest for sturdy and thoroughly scrutinized banks has pushed hazardous behaviour into the shadows. That makes the lenders’ solid balance sheets feel like less of a victory.

https://www.theedgemarkets.com/article/breakingviews-big-us-banks-shoulder-firstworld-problems

stkoay

5,061 posts

Posted by stkoay > 1 month ago | Report Abuse

KUALA LUMPUR: Higher interest rates and a firm economic recovery are likely to enhance Malaysian banks' revenue and profitability prospects, according to Fitch Ratings.

Credit impairments, however, were likely to rise but remain manageable, the firm added.

"These factors drove our recent revision of the operating environment score for the Malaysian banking sector to its pre-pandemic level of 'bbb+', from 'bbb', with a stable outlook," Fitch said in a report today.

https://www.nst.com.my/business/2022/10/841308/more-gains-malaysian-banks-higher-interest-rates-economic-recovery-fitch

troy88

1,580 posts

Posted by troy88 > 1 month ago | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,532,900 shares on 17-Jan-2165.

Wow, EPF can sell 100 years in advance. Bravo lol

stkoay

5,061 posts

Posted by stkoay > 1 month ago | Report Abuse

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.

rr1688

2,384 posts

Posted by rr1688 > 1 month ago | Report Abuse

Tripledemic is coming...

rr1688

2,384 posts

Posted by rr1688 > 1 month ago | Report Abuse

As in 1988,2000,2008
rubber gloves counters triple...now 2022 4th divergence wave is coming... uptrend mari...

Mabel

19,151 posts

Posted by Mabel > 1 month ago | Report Abuse

Upcoming dividend of RM0.13 per share
Eligible shareholders must have bought the stock before 28 September 2022.
Payment date: 28 October 2022.
Payout ratio is on the higher end at 75% but the company is not cash flow positive.
Trailing yield: 4.8%.
Lower than top quartile of Malaysian dividend payers (5.0%).
In line with average of industry peers (4.7%).

stkoay

5,061 posts

Posted by stkoay > 1 week ago | Report Abuse

Fatt Tatt loh........................

Moon

54 posts

Posted by Moon > 1 week ago | Report Abuse

what is the TP?

SJSOON

2,561 posts

Posted by SJSOON > 1 week ago | Report Abuse

TP:6.50

SJSOON

2,561 posts

Posted by SJSOON > 1 week ago | Report Abuse

As the new government is expected to be more economic-development-oriented, there is upward potential for KLCI Index stocks, especially Banks which have been underestimated for quite a long while.

stkoay

5,061 posts

Posted by stkoay > 1 week ago | Report Abuse

Consolidating above 5.80, very good.
Most banks doing well in high volume today.
Fan club in the red.....haha.

pang72

44,951 posts

Posted by pang72 > 6 days ago | Report Abuse

Byk good QR..
Tunggu new minister on board then cimb shld fly more

stkoay

5,061 posts

Posted by stkoay > 6 days ago | Report Abuse

EPF sold 11m shares last Thursday when the price closed up 36 sen at 5.87, who bought??
:p

Posted by yewnamhung > 6 days ago | Report Abuse

This QR no dividend ?

Posted by yewnamhung > 6 days ago | Report Abuse


CIMB Group Holdings Berhad - Strong Quarter
Source : PUBLIC BANK, Price Call : BUY, Price Target : 6.70
Last Price : 5.79, Upside/Downside : +0.91(15.72%)

speakup

18,992 posts

Posted by speakup > 6 days ago | Report Abuse

Dividend 2x per year
Dah Kasi last quarter

pang72

44,951 posts

Posted by pang72 > 5 days ago | Report Abuse

I thought fly to moon..
Drop pula..

pang72

44,951 posts

Posted by pang72 > 5 days ago | Report Abuse

Kena tunggu finance minister announce then bank baru boleh naik..

ariffiin

24 posts

Posted by ariffiin > 5 days ago | Report Abuse

CIMB Group Holdings Bhd posted a net profit of RM1.41 billion for the third quarter ended Sept 30, 2022 versus a net loss of RM100.59 million a year ago. Apart from stronger net interest income, it is worth noting that the banking group incurred a whopping RM1.2 billion goodwill impairment, which was triggered by the prolonged impact of Covid-19 in Thailand, in the previous corresponding quarter that dragged CIMB into the red. Its net interest income after modification loss grew 9.3% to RM2.98 billion for the quarter under review,

pang72

44,951 posts

Posted by pang72 > 1 hour ago | Report Abuse

Wow...
Must be Tng card shortage then people chase up cimb... Hih8

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