Posted by I_like_dividend > 2016-06-16 11:11 | Report Abuse

PublicInvest TP RM 5.18
http://klse.i3investor.com/blogs/PublicInvest/98445.jsp

Posted by Vin Cullen > 2016-06-16 11:23 | Report Abuse

Noted ! Thanks alot ! I_like_dividend... !!
So this dividend Is just a special dividend.. :)

Posted by Activetrader > 2016-06-16 11:45 | Report Abuse

cimb shares diving... evday low...

Posted by vinvin > 2016-06-16 12:17 | Report Abuse

Why down instead of up???!!! Thanks!

Posted by hng33 > 2016-06-16 12:26 | Report Abuse

Bought back CIMB at 4.23

Posted by woodstock > 2016-06-16 12:37 | Report Abuse

if BN wins by election, it will be up.

Posted by ongmari > 2016-06-16 12:42 | Report Abuse

window dress 4.4 level likely

Posted by Loy Loy > 2016-06-16 13:37 | Report Abuse

hng33, you are good always strike at the right time, I am already in again at 436, but looking to buy more at the current level, fund transferring by CIMB click traders too slow for me to enter today....

Posted by Loy Loy > 2016-06-16 13:39 | Report Abuse

Market are cautions of Brexit fear.....most likely a non event.....23rd will be the key date to look out for.

Posted by alexsee > 2016-06-16 14:54 | Report Abuse

real rebound?

Posted by kinfatt999 > 2016-06-16 15:03 | Report Abuse

wait for 3.90

Posted by kinfatt999 > 2016-06-16 15:21 | Report Abuse

if brexit come, hahahaha all die

Posted by kinfatt999 > 2016-06-16 15:22 | Report Abuse

better hold cash now,

Posted by kinfatt999 > 2016-06-16 15:36 | Report Abuse

cimb under khazanah, khazanah under malaysia gov, hahahahahahh , tan c liao

Posted by Vin Cullen > 2016-06-16 15:42 | Report Abuse

Non stop disposed... Support line broken...
Dont catch on failling knife..

Posted by Old90 > 2016-06-16 15:44 | Report Abuse

Seem like many other counters support line broken too..Uncertainty bring fear. Fear bring selloff. But selloff bring opportunity.

Posted by kinfatt999 > 2016-06-16 15:46 | Report Abuse

cimb can collapse?

Posted by kinfatt999 > 2016-06-16 15:47 | Report Abuse

under gov stock really very danger

Posted by oasischeah > 2016-06-16 15:48 | Report Abuse

I think even the big buyers are caught now. Wait for more GLC to prop up the price and the foreigners will buy and dump to make a quick profit.

Posted by hng33 > 2016-06-16 15:50 | Report Abuse

Bought more CIMB at 4.21

Posted by Old90 > 2016-06-16 15:55 | Report Abuse

hng33 going for quick profit aiming a technically rebound.

Posted by kinfatt999 > 2016-06-16 15:57 | Report Abuse

i am going wait for 3.80-4.00

Posted by astalavista > 2016-06-16 16:04 | Report Abuse

till 23rd...brexit...downtrend loh

Posted by timss > 2016-06-16 16:06 | Report Abuse

if you can hold.. 4.20 is a good buy now...

Posted by Loy Loy > 2016-06-16 16:13 | Report Abuse

It is definitely a good buy, brexit will not happen, there are a lot of signs that said that will not happen, but even with a little tiny wee bit of uncertainty, market do not like it, and fear being fear, people like us that is not within the Euro have no big connection to brexit, some smart alex talk like brexit is going to kill everyone...haha...how naïve.

Posted by timss > 2016-06-16 16:15 | Report Abuse

panic selling again...

Posted by Loy Loy > 2016-06-16 16:21 | Report Abuse

External factor affect the market, but when buying a shares, one must focus on the earnings and its potential. CIMB at its current valuation, it worth a buy....I call for short term rebound to 4.55.

Posted by kinfatt999 > 2016-06-16 16:34 | Report Abuse

big selling, die liao najib brother scare d

Posted by Vin Cullen > 2016-06-16 16:36 | Report Abuse

If can't hold RM4.20... RM3.93 last support...

Posted by timss > 2016-06-16 16:36 | Report Abuse

sure lah.. he disposed big chunk at 4.49 last week. time to collect back... handsome profit though.

Posted by kinfatt999 > 2016-06-16 16:37 | Report Abuse

if not support how>? boom die

Posted by timss > 2016-06-16 16:38 | Report Abuse

share buyback later after getting green light from top lol... when is enough for him to collect back... rule of thumb.. small fish is always eaten by big shark...

Posted by angkokann > 2016-06-16 16:45 | Report Abuse

die again,

Posted by Loy Loy > 2016-06-16 16:47 | Report Abuse

This is a money making company, it is a matter of how much earning CIMB make for investors, there is a valuation for the company which is determine by each investor, the small one speculate and the big boys invest....there will be a point where the numbers will reverse and goes up, those weak ones who sold at a lost will then KPKB....this will repeat like a cycle...

Posted by kinfatt999 > 2016-06-16 16:51 | Report Abuse

sell like no tomorow

Posted by Loy Loy > 2016-06-16 16:51 | Report Abuse

So far I have not seen any CIMB announcement that make the shares spike up....if they announce shares buy back at say 4.4....everyone will start a panic buy mode.....u see...it is very easy for them to prop up the shares....just be steady....but if no holding power, please stay away.

Posted by kinfatt999 > 2016-06-16 16:55 | Report Abuse

so many people cut loss

Posted by kinfatt999 > 2016-06-16 16:58 | Report Abuse

public bank no rasa, good bank is good bank

Posted by thenewbee > 2016-06-16 19:36 | Report Abuse

sifu, i'm holding at a rate of 4.2, should i sell it off if it his more than 4.30. market not looking good now. i'm a newbie give some advices

Posted by thenewbee > 2016-06-16 19:37 | Report Abuse

sifu, i'm holding at a rate of 4.2, should i sell it off if it his more than 4.30. market not looking good now. i'm a newbie give some advices

Posted by thenewbee > 2016-06-16 20:18 | Report Abuse

sifu, i'm holding at a rate of 4.2, should i sell it off if it his more than 4.30. market not looking good now. i'm a newbie give some advices

Posted by _OptimusPrime_ > 2016-06-16 20:24 | Report Abuse

Sell. Why hold and worry? It came up from 3.90. It will go there again in bear mkt.

Posted by kinfatt999 > 2016-06-16 20:49 | Report Abuse

buy below 4 is safe zone

Posted by BN_menang > 2016-06-16 21:22 | Report Abuse

EPF own 16.59% CIMB and bought 9.9 million shares in latest announcement.

Posted by kinfatt999 > 2016-06-16 21:52 | Report Abuse

tomorow really no eyes see, more to drop

Posted by kinfatt999 > 2016-06-16 21:55 | Report Abuse

next thursday is doomsday

Posted by kinfatt999 > 2016-06-16 21:57 | Report Abuse

buy next wednesday is the best time

Posted by BN_menang > 2016-06-16 22:29 | Report Abuse

2 by-elections this Saturday buying support will come tomorrow. If not BN no face.

Posted by kk123 > 2016-06-16 22:34 | Report Abuse

Cimb shld claw back the bonus and shares given to nazir razak
As the company is not performing now and the share price goes down and down..wrong ppl are managing this company..

Posted by kk123 > 2016-06-16 22:40 | Report Abuse

CIMB Group Holdings Bhd., Malaysia’s second-largest lender, may have to lower a profitability target even as it considers shutting some underperforming businesses to reduce costs.

The goal of 15 percent return on equity by the end of 2018, established as part of a restructuring plan last year, will be “very challenging” to meet, Chief Executive Officer Tengku Zafrul Abdul Aziz said in an interview Tuesday. CIMB’s Indonesian business has recorded unexpectedly high levels of bad-debt provisions in recent quarters, he said, adding that capital markets are expected to be quiet in the second half and consumer loan growth is slowing amid an economic downturn.


“We are reviewing that as we go on,” Tengku Zafrul said, referring to the ROE goal. “Towards the end of the year, we have to look at how far we are with the achievements at the end-year result. Two years from 2018, if it’s too far, then we’ll have to adjust.”

CIMB, which had an ROE of 7.9 percent as of March, warned last month of slower regional economies and persistent market volatility when it reported its quarterly results. The firm embarked on a cost-cutting program last year after abandoning a three-way merger with domestic competitors RHB Capital Bhd. and Malaysia Building Society Bhd. It has closed its Australian office and shed jobs in Malaysia, Indonesia, Hong Kong, Taiwan and South Korea.

The firm has 40,500 employees after cutting 10 percent last year. While CIMB is considering reductions in some low-returning businesses, the company may hire for growth areas, which could lead to little change in overall headcount, Tengku Zafrul said.

“There will be a headcount reduction for sure, if we continue” to restructure, Tengku Zafrul said. “In areas where we feel that it’s not making enough returns, we have to make the tough decision. There will be also headcount increase in some other areas where we want to focus.”

CIMB laid off 16 investment bankers in South Korea, Taiwan and India this week, in addition to 12 support staff that were cut from its broking business in Singapore this month, the CEO said in a separate statement on Thursday. The investment-banking reduction was reported by FinanceAsia earlier, while Business Times in Singapore reported on the broking changes.

Unprofitable Business

Further reductions may come in Indonesia, where the firm is working on plans to exit microfinance, an unprofitable business that has about 1,000 workers, Tengku Zafrul, 42, said in the interview. Cuts may also come in Thailand, where CIMB is shrinking its operations to focus on wealth management, and investment-banking operations in all the company’s geographical locations are also under review, he said.

Corporate and investment banking contributed 38 percent of CIMB’s pretax income last year, while commercial banking made up 17 percent, data compiled by Bloomberg show.

The company may hire for areas including servicing small and medium-sized enterprises and transaction banking, Tengku Zafrul said. It will add at least 50 people this year in Vietnam, where it’s starting banking operations with a branch each in Hanoi and Ho Chi Minh City. The company has applied for a Philippine banking license and positions will be added there if CIMB is granted a permit, he said.

Consolidation Phase

In Indonesia, which accounts for about a fifth of CIMB’s loans, the bank has tried to lower the risk in a portfolio that previously had too much focus on term loans and commodities, Tengku Zafrul said. The bank is now trying to lend more to bigger companies and multinationals, he said. Bad-debt provisions in 2016 for the country will be lower than last year, he said, adding that he’s “optimistic” about the firm’s performance there in the second half of the year.

After years of rapid growth, CIMB is now in a “consolidation” phase, the bank’s chairman Nazir Razak told reporters at the World Economic Forum in Kuala Lumpur earlier this month.

CIMB dropped 2.5 percent as of 12:13 p.m. local time on Thursday, bound for the lowest close in four months. The stock has fallen 21 percent in the past year, compared with a 6.1 percent decline in the benchmark FTSE Bursa Malaysia KLCI Index.

Nazir had stepped aside as chairman in April during a monthlong internal investigation into his role in helping his brother, Malaysian Prime Minister Najib Razak, distribute funds to politicians before elections three years ago. An audit by Ernst & Young found Nazir didn’t misuse his position or the bank’s resources.

The prime minister is facing his biggest political crisis since coming to power seven years ago amid questions over $681 million that appeared in his accounts before the 2013 election. Attorney General Mohamed Apandi Ali said the money was a personal donation from the Saudi royal family, and that Najib later returned $620 million. Najib has repeatedly denied any wrongdoing.