Posted by masterus > 2017-07-26 16:02 | Report Abuse

BANK OF AMERICA: The US dollar is overvalued, and there are 'substantial risks' to a big rally from here
AKIN OYEDELEJUL 25, 2017, 09.26 PM
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ice climbing Oli Scarff/Getty
The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it's still expensive relative to its history, according to Bank of America Merrill Lynch.
"T he currency remains overvalued by about 10 percent compared with its long-term equilibrium and about 12 percent above its 20-year average in real effective term," said Athanasios Vamvakidis, the global head of G10 FX strategy, in a note on Tuesday.

Posted by labu83 > 2017-07-26 16:37 | Report Abuse

GAP up tommorow Lor

Posted by labu83 > 2017-07-26 16:52 | Report Abuse

Good closing today,some special movement tommorow,stay tune from labu83 n team

Posted by labu83 > 2017-07-26 21:49 | Report Abuse

Haha rm6.6 pun ok sudah

Posted by pedestrian_ > 2017-07-26 21:56 | Report Abuse

Market is bad up 5 sen consider good.

Posted by labu83 > Jul 26, 2017 09:49 PM | Report Abuse
Haha rm6.6 pun ok sudah

Posted by labu83 > 2017-07-27 01:03 | Report Abuse

Sweet in August

Posted by masterus > 2017-07-27 07:38 | Report Abuse

[NEW YORK] The US dollar fell on Wednesday, touching its lowest level in more than a year against a basket of currencies after the release of the Federal Reserve's policy statement following its July meeting.

The Federal Open Market Committee announced no changes to monetary policy, as expected. Policymakers said, however, that the US central bank would begin implementing balance sheet normalisation "relatively soon".

That marked a change from the committee's previous statement that it would begin to reduce its US$4.5 trillion bond holdings "this year".

The US dollar index, which measures the greenback against six major currencies, fell to 93.396, its lowest since June 23, 2016.

Posted by masterus > 2017-07-27 07:41 | Report Abuse

Brent crude prices edged closer to $51 a barrel, the highest level in two months, after US stockpiles fell more than analysts expected.

The global oil price benchmark rose 1.27 per cent to $50.84 per barrel while West Texas Intermediate (WTI) oil prices, the benchmark for the US, were trading 1.52 per cent higher at $48.62 per barrel.

US inventories dropped by 7.2m barrels in the week to 21 July while analysts expected a decline of just 2.6m barrels, according to official data published by the Energy Information Administration (EIA) today.

Posted by pedestrian_ > 2017-07-27 09:06 | Report Abuse

RM 7 in Aug?

Posted by labu83 > 2017-07-27 09:14 | Report Abuse

Rm6.6 cukup la Bos

Posted by labu83 > 2017-07-27 09:15 | Report Abuse

Yup rm7,don be late

Posted by pedestrian_ > 2017-07-27 09:35 | Report Abuse

I say RM 7 Aug not today. 6.6 today maybe cukup.

Posted by ltw1123 > 2017-07-27 09:46 | Report Abuse

RM7 is very imminent now!

Posted by sonicleong > 2017-07-27 09:46 | Report Abuse

RM 7.5

Posted by sonicleong > 2017-07-27 09:47 | Report Abuse

anyone know what happen ...suddenly jump today

Posted by labu83 > 2017-07-27 09:57 | Report Abuse

Rm6.6 test past today,hope be broken level,

Posted by pedestrian_ > 2017-07-27 10:10 | Report Abuse

In out many times brokers smile not us. Dumb dumb hold until Rm 7.

Posted by labu83 > 2017-07-27 10:56 | Report Abuse

2nd wave for superman kick again rm6.6

Posted by labu83 > 2017-07-27 11:17 | Report Abuse

Big money coming

Posted by labu83 > 2017-07-27 11:21 | Report Abuse

Don miss a boat,August rm7

Posted by darkstar > 2017-07-27 12:47 | Report Abuse

RM7.50

Posted by heaven123 > 2017-07-27 16:06 | Report Abuse

For felda contribution.

Posted by darkstar > 2017-07-27 17:08 | Report Abuse

Director's buying himself. He knows the best where the company is heading to..

Posted by heaven123 > 2017-07-27 19:35 | Report Abuse

What ?

Posted by Lereve > 2017-07-28 00:31 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/07/27/nazir-transfers-cimb-shares-worth-rm31pt73mil/

Posted by RocketRider > 2017-07-28 07:42 | Report Abuse

What good news ahead to make Nazir made such a move?

Posted by labu83 > 2017-07-28 09:15 | Report Abuse

Rm6.8 coming

Posted by pedestrian_ > 2017-07-28 10:41 | Report Abuse

6.7 today good enough. Market not good be realistic.

Posted by TheLegend27 > 2017-07-28 10:49 | Report Abuse

goldentriangle no report dow jones?

Posted by RocketRider > 2017-07-28 11:29 | Report Abuse

Any hope to reach 7?

Posted by labu83 > 2017-07-28 12:27 | Report Abuse

2nd wave evening session,pray good closing

Posted by sonicleong > 2017-07-28 12:34 | Report Abuse

pray that CIMB will close 6.7 above

Posted by TheLegend27 > 2017-07-28 13:23 | Report Abuse

will cimb issue dividend?

Posted by labu83 > 2017-07-28 16:56 | Report Abuse

4.50 big transactions 6.64

Posted by rlch > 2017-07-28 16:57 | Report Abuse

2nd in volume. Foreign funds buying?

Posted by James Chai > 2017-07-29 13:11 | Report Abuse

Just my views in CIMB: https://klse.i3investor.com/blogs/JamesChai/128752.jsp

Posted by pedestrian_ > 2017-07-30 12:06 | Report Abuse

28-Jul-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 13,937,600 shares on 20-Jul-2017.
28-Jul-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 13,746,000 shares on 20-Jul-2017.
28-Jul-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,666,100 shares on 20-Jul-2017.
28-Jul-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,500,000 shares on 20-Jul-2017.
28-Jul-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 500,000 shares on 20-Jul-2017.
28-Jul-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 4,007,400 shares on 21-Jul-2017.
28-Jul-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,300,000 shares on 21-Jul-2017.
http://klse.i3investor.com/servlets/stk/1023.jsp

Posted by pedestrian_ > 2017-07-30 12:07 | Report Abuse

EPF, KWAP bought a lot. RM 7 soon?

Posted by shortinvestor77 > 2017-07-30 21:37 | Report Abuse

You trusted what North Korea claim, golden triangle? N Korea also said he never murdered his brother lah? You ask North Korea attack US directly lah. Don't talk, just do it.

Posted by sonicleong > 2017-07-30 22:21 | Report Abuse

whatever it is ....let's watch CIMB touch RM7 above

Posted by masterus > 2017-07-31 09:43 | Report Abuse

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A weak week for the US dollar and it helped commodities end on a solid note generally.

Oil, gold, copper, iron ore all rose, but wheat futures eased despite a worsening drought across much of Europe, the northern US and parts of Australia.
Iron ore prices dipped below $US69 per tonne (on a cfr basis delivered to northern China) on Friday despite active trading at Chinese ports ahead of the weekend.
The Metal Bulletin’s 62% iron oxide iron ore index fell back $US68.73 per tonne delivered to Qingdao in northern china, a fall of 2.1% or $US1.47 tonne. But that was stil up 2.3% on the week before’s close of $US67.14. Prices topped $US70 a tonne for two days last week.
Oil prices though surged by 8% last week - the largest weely rise since early December, with prices getting a lift from renewed production-curb commitments from OPEC members as well as uncertainty in Venezuela and problems in Nigeria.
Traders showed little reaction as data Friday on the latest number of active US oil rigs revealed a modest increase for the week after falls in two of the preceding three weeks.
September West Texas Intermediate crude rose 67 cents, or 1.4%, to settle at $US49.71 a barrel in New York—the highest finish for a most-active contract since May 26, according to FactSet.
It ended about 8.6% higher for the week.
In London Brent crude for September which expires at tonight’s settlement, added $US1.03, or 2%, to settle at $US52.52 a barrel, with prices up around 9.3% for the week.
Both contracts saw their biggest weekly percentage gains for a most-active contract since early December.
Another fall in US stocks and a drop in US production helped bolster confidence.
Baker Hughes reported that a small rise of 2 in the number of rigs looking for oil last week. That pushed them up to 766 after drop of one the week before.
The total active US rig count, which includes oil and natural-gas rigs, was also up 8 at 958.

Posted by masterus > 2017-07-31 09:48 | Report Abuse

“The US dollar fell against all G10 currencies except the Swiss franc,” he said in a Monday morning note. AUD/USD fell as far as 0.7937 in London trade, bounced above 0.7990 on the US data, flickered above 0.8000 briefly then steadied just below the figure.”

Posted by limch > 2017-07-31 22:21 | Report Abuse

CIMB Niaga’s H1 net profit up 87.5% to RM449.7mil
http://www.thestar.com.my/business/business-news/2017/07/31/cimb-niagas-h1-net-profit-up-87pt5pc-to-rm449pt7mil/

Posted by masterus > 2017-08-01 07:21 | Report Abuse

Sanctions On Venezuela Could Push Oil Into The Mid-$50s

Posted by limch > 2017-08-01 11:40 | Report Abuse

Maybank expect CIMB 2017 DPS 25 sen. DY 3.8% worse than FD?

Posted by GoodCompanies > 2017-08-01 14:50 | Report Abuse

Share moved up too fast, of course DY will look bad.

Posted by shortinvestor77 > 2017-08-01 21:16 | Report Abuse

Cimb promised to consider paying more dividend after we approved increased directors fees during last AGM.

Posted by shortinvestor77 > 2017-08-01 21:19 | Report Abuse

https://www.nst.com.my/news/nation/2017/08/262952/more-230000-commuters-migrate-new-myrapid-touch-n-go-cards#cxrecs_s

Posted by TheLegend27 > 2017-08-02 09:12 | Report Abuse

Major share holder:
1. Khazanah 29.7%
2. EPF 12.2%
3. CIMB Group 10.0%

Posted by shortinvestor77 > 2017-08-03 10:04 | Report Abuse

We left CIMB’s management briefing fully satisfied that there will be no surprises for the Group in 2017 with FY17 targets looking achievable. To recap, management had earlier this year set its FY17 targets; (i) ROE at 9.5%, (ii) loans growth at 7%, (iii) NIMs to compress by 5bps, and (iv) credit costs of between 60bps to 65bps, and (v) dividend pay-out ratio of 40% to 60%. While FY17 targets appear to be on track, we believe 2Q17 results will likely be soft.