Posted by masterus > 2017-09-13 23:41 | Report Abuse

KUALA LUMPUR: The ringgit is expected to continue to strengthen against the US dollar, with an economist predicting it may even hit RM4 to a US dollar at the end of the year.
The optimism is based on the good growth in trade and the gross domestic product (GDP). The economy achieved a 5.8% growth in April-June.
The Malaysian Reserve quoted Sunway University Business School economics Professor Dr Yeah Kim Leng as saying: “The ringgit has been trading higher these days due to the above-expectations performance of Malaysia’s economy, including the growth in trade and GDP.
“Since we have already reached RM4.19 in early September, I would say that it is possible for the ringgit to reach around RM4.10 to RM4 in December.”

Posted by masterus > 2017-09-14 07:21 | Report Abuse

China Prepares Sale of $2 Billion in U.S.-Dollar Bonds


The government is preparing to sell $2 billion in bonds this month, and investment banks are pitching for a role in the deal, according to bankers in Hong Kong.

While the planned sale isn't large and is mostly symbolic, it would be China's biggest-ever U.S.-dollar bond sale and its first since October 2004, when the country raised a total of about $1.7 billion from selling dollar- and euro-denominated bonds that matured in five and 10 years.

China's Ministry of Finance didn't immediately respond to requests for comment.

China has about $200 million in outstanding U.S.-dollar sovereign-debt issues that it is scheduled to pay off in 2027 and 2096, and those bonds yield about 3.3% and 4% respectively, according to research firm CreditSights. The country issued several global bonds in the 1990s, including a 100-year $100 million bond in 1996 with a 9% coupon.

Posted by Michael Wong Yew Kong > 2017-09-15 10:54 | Report Abuse

PNB will start selling soon.

Posted by masterus > 2017-09-15 11:51 | Report Abuse

North Korea fires second ballistic missile over Japan
50 minutes ago
From the section Asia Share this with Facebook Share this with Twitter Share this with Messenger Share this with Email Share
People in Seoul watch a news report about the missile launch (15 Sept 2017)Image copyrightAFP
North Korea has fired a ballistic missile across Japan, its second such provocative move in weeks.
South Korea's military said the missile reached an estimated altitude of about 770km (478 miles) and travelled 3,700km before landing in the sea off Hokkaido.
Japan's PM Shinzo Abe said his country would "never tolerate" North Korea's dangerous actions.
"If North Korea continues to walk down this path, it has no bright future," he said in a statement.

Posted by shortinvestor77 > 2017-09-15 17:07 | Report Abuse

The Best growing stock for GLCs to buy. Those retail investors can sell now. Don't talk cock without any shares here.

Posted by ZeaXG > 2017-09-15 17:33 | Report Abuse

last minute big daddy support

Posted by masterus > 2017-09-18 10:01 | Report Abuse

Brent now stay at $55 and above.

Posted by masterus > 2017-09-18 10:07 | Report Abuse

While there was relief the weekend passed with no new provocation by North Korea, Pyongyang's nuclear ambitions will be centre stage when US President Donald Trump addresses world leaders at the United Nations on Tuesday.

Some detail of Trump's tax plans may also emerge this week, while elections in Germany and New Zealand will add extra political uncertainty to the mix.

Posted by vinvin > 2017-09-19 16:43 | Report Abuse

What's happening to Cimb???

Posted by rlch > 2017-09-19 17:01 | Report Abuse

Buy back today after selling on 30th Aug.

Posted by ZeaXG > 2017-09-19 17:06 | Report Abuse

Cantik, can buy back some.

Posted by rlch > 2017-09-19 17:16 | Report Abuse

Any idea what is coming DRS price?

Posted by rlch > 2017-09-19 17:24 | Report Abuse

Maybank still up today by right CIMB should follow make sense?

Posted by RocketRider > 2017-09-19 18:20 | Report Abuse

What make it drop so bad today?

Posted by gsi723 > 2017-09-19 19:28 | Report Abuse

Mitsubishi UFJ wanna sell its 4-5% stake... let it be, after the deal is done, share will continue climb.... haha just like how Shell Refining => Hengyuan.... share once drop to 2.00, but now up to 8.00, don't need over reacting...

Posted by limch > 2017-09-20 04:30 | Report Abuse

Buy back. 13 sen dividend coming soon.

limch Sold at RM 7.08. Bought AMMB.
30/08/2017 17:23

Posted by BN_menang > 2017-09-20 09:16 | Report Abuse

Why no Bursa official announcement?

gsi723 Mitsubishi UFJ wanna sell its 4-5% stake... let it be, after the deal is done, share will continue climb.... haha just like how Shell Refining => Hengyuan.... share once drop to 2.00, but now up to 8.00, don't need over reacting...
19/09/2017 19:28

Posted by BN_menang > 2017-09-20 09:18 | Report Abuse

If compare earnings PB Bank, Maybank far overprice. Star wants BN to fall?

Posted by BN_menang > 2017-09-20 09:24 | Report Abuse

gsi723 you Star reporter? Why no NST or Bursa news?

Posted by Cimb > 2017-09-20 09:34 | Report Abuse

vinvin I want to help you but if you don't help yourself you cannot recover your loss forever. Last time no i3 CIMB can reach RM 9. With i3 attackers forever you are loser.

Posted by keong90 > 2017-09-20 09:41 | Report Abuse

buy and sell share is so common in market. will it affect the operation of cimb if some1 sells its share?

Posted by Cimb > 2017-09-20 09:52 | Report Abuse

You bank worker? We retailers for each buy or sell we loss commision unsure the stocks we have is gain or loss yet.

keong90 buy and sell share is so common in market. will it affect the operation of cimb if some1 sells its share?
20/09/2017 09:41

Posted by cend0l > 2017-09-20 09:56 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/20/mufg-exits-cimb/

Posted by Cimb > 2017-09-20 10:08 | Report Abuse

If EPF good should invest more in Bursa not US(DJ) at 22K level. CIMB is 1 good counter.

Posted by Cimb > 2017-09-20 10:11 | Report Abuse

If someone want to sell bank shares they should target PB Bank. Teh Hong Piow already very old and anytime at his age can die.

Posted by fishbones > 2017-09-20 11:20 | Report Abuse

In the eyes of MUFG, this cimb is not attractive anymore and there are too many risks associated not only to the bank but the entire country. PM's little bro Nazir though is just chairman of cimb but political risk is at play.

In addition to Nazir's current role as the Chairman of CIMB, Nazir has also been appointed as a Director of Khazanah Nasional Berhad [10] a member of the Investment Panel of the Employee Provident Fund (EPF) and the Chairman of the EPF's Investment Panel Risk Committee

Didn't u see how Jibby plunder EPF, Khazanah and use collected taxes to pour RM 100 billions of our country's hard earned money into USA which is the only country indebted into Trillions of dollars and they may have to raised the debts ceilings otherwise their country's finance will collapse? This is broad day light theft!

Posted by KhooTinHo > 2017-09-20 11:22 | Report Abuse

cimb c27 looks too good to pass up, easily 40% gains once CIMB closes the gap

Posted by fishbones > 2017-09-20 11:23 | Report Abuse

Cimb will always experiencing fast rise and fall due to heavy political ties. If u want to buy bank shares, better buy PB and HL Banks.

Posted by KhooTinHo > 2017-09-20 11:23 | Report Abuse

easy to buy @ 0.055 (bid side)!

Posted by KhooTinHo > 2017-09-20 11:25 | Report Abuse

election rally might just throw all fundamentals out the window, high chance CIMB will go back to 6.50levels

Posted by fishbones > 2017-09-20 11:26 | Report Abuse

This time election will have a tsunami effect on KLSE. Better be more careful

Posted by fishbones > 2017-09-20 11:27 | Report Abuse

MUFG has all the right expertise to predict and calculate the risks therefore they made that decision to abandon ship.

Posted by fishbones > 2017-09-20 11:34 | Report Abuse

Even an amateur knows thata divestment of more than 5% of cimb shares will have shaken the entire outlook on the bank itself. The most obvious reason for MUFG's decision is political risks.

Posted by BN_menang > 2017-09-20 11:39 | Report Abuse

Got BN got CIMB. Projects financing pls look for CIMB.

Posted by BN_menang > 2017-09-20 11:50 | Report Abuse

AA want to buy aeroplanes pls borrow from CIMB.

Posted by BN_menang > 2017-09-20 11:51 | Report Abuse

MRT2, LRT3, HSR, ECRL financing please use CIMB as financiers.

Posted by Icon8 > 2017-09-20 12:20 | Report Abuse

Why MUFG never sell when RM 7?

Posted by Icon8 > 2017-09-20 12:24 | Report Abuse

I buy for good dividend. And buy when cheap.

Posted by Icon8 > 2017-09-20 12:51 | Report Abuse

Suria Zainal
Head - Group Corporate Communications
Group CEO’s Office
CIMB Group Holdings Berhad
Tel: +603 - 2261 0638
Email: suriawati.zainal@cimb.com

Posted by Syndicates > 2017-09-20 13:00 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5548873

already sold a whole block via off market. so what to scare in open market?

Posted by masterus > 2017-09-20 13:34 | Report Abuse

BRUSSELS (Alliance News) - The US dollar weakened against other major currencies in the Asian session on Wednesday.

The US dollar fell to a 9-day low of 1.2019 against the euro, from yesterday's closing value of 1.1994.

Against the pound, the yen and the Swiss franc, the greenback dropped to 1.3531, 111.45 abd 0.9604 from yesterday's closing quotes of 1.3511, 111.59 and 0.9626, respectively.

If the greenback extends its downtrend, it is likely to find support around 1.21 against the euro, 1.36 against the pound, 109.00 against the yen and 0.94 against the franc.

Posted by masterus > 2017-09-20 13:41 | Report Abuse

Russian seaports
Published time: 19 Sep 2017 | 13:41 GMT
Novorossiysk commercial sea port © Vladimir Astapkovich
Sputnik /
Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website.

To protect the interests of stevedoring companies with foreign currency obligations, the government was instructed to set a transition period before switching to ruble settlements.

According to the head of Russian antitrust watchdog FAS Igor Artemyev, many services in Russian seaports are still priced in US dollars, even though such ports are state-owned.

The proposal to switch port tariffs to rubles was first proposed by the president a year and a half ago. The idea was not embraced by large transport companies, which would like to keep revenues in dollars and other foreign currencies because of fluctuations in the ruble.

Artemyev said the decision will force foreigners to buy Russian currency, which is good for the ruble.

In 2016, his agency filed several lawsuits against the largest Russian port group NMTP. According to FAS, the group of companies set tariffs for transshipment in dollars and raised tariffs from January 2015 "without objective grounds."

The watchdog ruled that NMTP abused its dominant position in the market and imposed a 9.74 billion rubles fine, or about $165 million at the current exchange rate. The decision was overturned by a court in Moscow in July this year.

Posted by BN_menang > 2017-09-20 14:54 | Report Abuse

KWAP bought over MUFG stake?

Posted by BN_menang > 2017-09-20 14:56 | Report Abuse

FV RM 8-9 6.2-6.3 sure good buy.

Posted by dusti > 2017-09-20 15:06 | Report Abuse

Will rebound after hitting 6

Posted by apanama > 2017-09-20 15:24 | Report Abuse

I am still remember how MUFG throw shares last time...heheheh..perhaps some of members here remember how i shout for us to buy..:)..in my opinion, same and similar trading tactics involved ..:)...but this time the difference CIMB wont break RM 4.88 i guess..because by looking at all Asia Pacific region especially NIKKEI and even Thai and Indonesia, their stockmarket were so impressive. The only 'lemau' is our beloved FBMKLCI. WHY? Only top people knows. By right, mathematically or even cap ayam ..1,800 should be broken already...but..due to some GREED or even saja tak mau push..and let retailers win..inilah penyakit...then bila dah tak dak retailers nanti..baru mula melilau nak road show sana sinun...:)

Posted by BN_menang > 2017-09-20 15:28 | Report Abuse

Japan(MUFG) jealous we friend US so sell?

Posted by BN_menang > 2017-09-20 15:29 | Report Abuse

We friend everyone incl Japan.

Posted by happy888 > 2017-09-20 15:30 | Report Abuse

50 million shares done liao... wah lau eh.... normal retailers sure boh lat liao lor.

Posted by Cimb > 2017-09-20 15:47 | Report Abuse

vinvin and other CIMB shareholders I think you all are destined to lose money. You should attack Maybank, PB Bank, HLG like gsi723.