Posted by speakup > 2014-01-13 22:51 | Report Abuse

means CIMB will drag down FKLI next week

Posted by iafx > 2014-01-13 23:01 | Report Abuse

not necessary, there r o&g, utilities counters, maybank is doing just fine with KE, PBB, HLB... so far so good

Posted by speakup > 2014-01-13 23:02 | Report Abuse

TA wise, maybank is weak too.

Posted by iafx > 2014-01-13 23:13 | Report Abuse

maybank earning is intact and have good visibility, pbb, hlb needless to say. anyway, the soon to come new interest rate policy is more interesting

Posted by hl110684 > 2014-01-14 14:22 | Report Abuse

It won't dilute the ROE cos you are not offering more shares to the market but just converting company stock to public. Total number of CIMB stock remains the same but company owned less now.

Posted by hl110684 > 2014-01-14 14:23 | Report Abuse

That's my personal comment ..

Posted by reallyLOL > 2014-01-14 16:52 | Report Abuse

500m new shares issued at a discount. instant profits for the lucky placees. pity the existing minority shareholders. right issue fairer.

Posted by rlch > 2014-01-14 17:24 | Report Abuse

Newspaper say good news but this forum say otherwise. Which one to believe?

Posted by iafx > 2014-01-14 21:52 | Report Abuse

whoever subscribed to the 500m new shares for sure is NOT giving free $ to cimb, think about it

Posted by rlch > 2014-01-14 22:34 | Report Abuse

We retail investors can dispose our holding easily the next day if we make money. Can the buyers of 500million shares do so like us? Maybe better dividend payout ahead for CIMB?

Posted by 1MtalkingKangkung > 2014-01-15 00:25 | Report Abuse

CIMB Group Holdings is raising as much as US$1.1 billion (RM3.6 billion) through new shares to boost its core capital as Southeast Asia’s fifth largest lender takes on its rivals in credit and equity markets at home and abroad.

Posted by balvin71 > 2014-01-15 08:20 | Report Abuse

As a whole, Malaysian banking stocks will be weak in 1H2014. Due to slowdown in mortgages (except that already done for progress placements), BNM new responsible guidelines making it harder to approve new loans, Fed tapering etc.

As an investor, long term view still okay to invest as the dividend yields look still look good. But I would recommend holding off buying banking stocks for the time being.

As for CIMB, the new placement was made at RM7.10, so I would expect the share to trade downwards towards that RM7.10 as that is the current 'agreed' valuation.

Posted by choong_dc > 2014-01-15 09:02 | Report Abuse

opening... downward kill.... :(

Posted by davidkkw79 > 2014-01-15 09:06 | Report Abuse

it is sure on downward trend now, better watching first

Posted by davidkkw79 > 2014-01-15 09:08 | Report Abuse

run run run !

Posted by Kevin Khoo > 2014-01-15 09:10 | Report Abuse

dun run first and don't worry

Posted by Kevin Khoo > 2014-01-15 09:13 | Report Abuse

cheap to collect

Posted by choong_dc > 2014-01-15 09:27 | Report Abuse

i think the coming DIV should be handsome...

Posted by dragonfruits > 2014-01-15 11:52 | Report Abuse

why drop so many?

Posted by choong_dc > 2014-01-15 13:54 | Report Abuse

because they raised funds to clear debt and gear up for expansion.... so... in within a few weeks we will know if its flying high or swimming low :P

Posted by Stockman > 2014-01-15 14:17 | Report Abuse

time to buy more

Posted by dragonfruits > 2014-01-15 14:44 | Report Abuse

if buy now, mati or not?

Posted by choong_dc > 2014-01-15 15:54 | Report Abuse

both also mati... ask why? When you dun buy, then after some time stock go up then you press till mati... if you buy then price go up and press till mati because you know you should have bought more! :P

Posted by dragonfruits > 2014-01-15 15:56 | Report Abuse

buy more also mati, coz not enough cash..haha

Posted by choong_dc > 2014-01-15 16:00 | Report Abuse

does it not happens to most investors... "tudia! Kalu ade duit lebih tau ku gasak ajer... hang tengok skrang... cheh bazir ajer" hahahahahah

Posted by dragonfruits > 2014-01-15 16:24 | Report Abuse

mau drop sampai bila ni?

Posted by buffetthe2nd > 2014-01-15 16:44 | Report Abuse

drop till same price wit kangkung

Posted by dragonfruits > 2014-01-15 16:51 | Report Abuse

when will it go up to rm8?

Posted by LATO' > 2014-01-15 16:52 | Report Abuse

This is like kangkung ; it go up & down

Posted by destiney > 2014-01-15 23:41 | Report Abuse

buy bimb better!

Posted by beastkot123 > 2014-01-16 01:07 | Report Abuse

Buy buy Buy cimb..dont miss the boat..

Posted by Hk Wong > 2014-01-16 06:11 | Report Abuse

Wait below 4.00

Posted by tingalfred > 2014-01-16 06:30 | Report Abuse

wait longer

Posted by balvin71 > 2014-01-16 08:09 | Report Abuse

No need to rush in. Watch first. It will stay around this level for a while. Concern on how will the rate cut in Thailand and the protest impact their performance there. Might see a bit more selling pressure.

Posted by dragonfruits > 2014-01-16 08:26 | Report Abuse

already drop for more then 1 months, when will it rebound?

Posted by bebee > 2014-01-16 09:56 | Report Abuse

low is chance....

Posted by r1chardlks > 2014-01-16 10:15 | Report Abuse

wait....

Posted by davidkkw79 > 2014-01-16 11:50 | Report Abuse

wait below 4.0

Posted by klbong > 2014-01-16 11:59 | Report Abuse

next week will up~

Posted by annsmith > 2014-01-16 17:03 | Report Abuse

Later go up dy u all diam diam. Rm4 u dream la

Posted by kenken85 > 2014-01-16 17:18 | Report Abuse

If really drop to rm4. I will thx god then sold everything n in it. But if it happen definitely a lot more other good chance to buy other share also. Kosongkan fd n filled up my portfolio

Posted by choong_dc > 2014-01-16 17:28 | Report Abuse

today sudah naik 2 cents... ade perkembangan... self consolation... [but i hit panic button few thousand times adee...]

Posted by psd57 > 2014-01-16 17:42 | Report Abuse

CIMB - check Non-Performing Portfolio %. This could give an explanation on this sudden placement - cash flow bro

Posted by iafx > 2014-01-16 18:08 | Report Abuse

http://www.theedgemalaysia.com/business-news/271590-moodys-cimbs-capital-raising-is-credit-positive.html

Posted by choong_dc > 2014-01-17 09:36 | Report Abuse

thnaks thats very comforting [hits on panic button a few more times]...lolz

Posted by iafx > 2014-01-17 13:51 | Report Abuse

apart from credit-positive rating, a number of ipo waiting for cimb, e.g. 1mbd

Posted by beastkot123 > 2014-01-19 08:21 | Report Abuse

Cimb..hmmmm....

Posted by andychucky28 > 2014-01-19 16:07 | Report Abuse

don't buy yet. wait. support level might be 7.00. hope it wouldn't break support level.

Posted by choong_dc > 2014-01-20 09:15 | Report Abuse

No eye see....

Posted by fighter123 > 2014-01-20 09:22 |

Post removed.Why?