Posted by Cimb > 2017-09-20 15:50 | Report Abuse

MUFG only sell today not yesterday.

Posted by Cimb > 2017-09-20 16:11 | Report Abuse

Beg to differ. Election not tomorrow or can delay another 11 months up to BN.

Posted by prince4 > 2017-09-20 16:12 | Report Abuse

before election market uncertain,funds manager and foreign funds money would not flow in fundamental big cap and mid cap stock now no prospects,because everybody scare buy high losses money ,expect fund manager money would flow out in big and mid cap stock cannot hold and buy.
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..

Posted by Cimb > 2017-09-20 16:13 | Report Abuse

By GE 14 is officially called we can enjoy minimum 25 sen dividend.

Posted by POORDAD > 2017-09-20 16:43 | Report Abuse

can any sifu explain wat to do now....let the big sharks play?

should small retailer stay away or invest now?

Posted by joetay > 2017-09-20 17:15 | Report Abuse

@poordad,

depends on ur firepower to hold and average down the price when necessary.

Posted by oasischeah > 2017-09-20 17:42 | Report Abuse

MUFG and EPF disposed alot. Smart people. They make money first. Win win situation. You hold is your own risk.

Posted by masterus > 2017-09-20 17:55 | Report Abuse

Australian dollar pushed higher by US dollar weakness
By business reporter Michael Janda
Updated about 3 hours ago

Australian dollar sits on top of US currency
PHOTO: The Australian dollar has been sitting around the 80 US cent level for about two months. (Giulio Saggin: ABC News)
RELATED STORY: Onwards and upwards for the Aussie dollar … or maybe not
MAP: Australia
If you follow the financial news, you'd have heard or read a lot recently about a surging or stubbornly high Australian dollar.

After touching lows below 70 US cents during the commodity crash of 2015, the Aussie has been on a steady course higher against the US dollar, or greenback.

The first phase of that recovery was intimately linked with the bounce back in iron ore and coal prices that has lifted Australia's export prices and finally boosted national incomes — incomes that had been falling since the last, and biggest, commodity boom topped out in 2012.

Posted by masterus > 2017-09-20 17:59 | Report Abuse

decision
WED, SEP 20, 2017 - 1:02 PM
[SHANGHAI] China's yuan firmed against the US dollar on Wednesday as companies sold dollars to take profits on recent gains and square positions ahead of a Federal Reserve policy decision later in the session.

The Fed is widely expected to announce that it will start paring its balance sheet, with the reductions seen likely to start this year.

It is expected to keep rates on hold, but investors will be watching for fresh hints on the chances of another rate rise this year and how many could be expected in 2018.

Posted by gsi723 > 2017-09-20 18:49 | Report Abuse

CIMB will stay on biz regardless of BN/ Najib survival....

Posted by fmbklci > 2017-09-20 19:25 | Report Abuse

nothing to worry about. at least there are buyers wiling to buy all the shares at 6.15 to 6.30

Posted by gsi723 > 2017-09-20 19:58 | Report Abuse

just wonder why it doesn't choose to sell a portion quietly at 6.70-6.80 in open market

Posted by Skipz Yang > 2017-09-20 20:05 | Report Abuse

i think the discussion was finalised a few months back when the price was around 6.30

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

Cimb MUFG only sell today not yesterday.

As I know cimb has off market deal at 6.20 today. But yesterday share price already started to drop. I bought it and most of it were from jp morgan and another one not sure it's credit suisse or UBS securities (forgotten).

The news came out after the market close. If mufg disposed its stake through off market, who are the one selling before the news? Were those institution players doing front running ahead of retailers?

Posted by fmbklci > 2017-09-20 21:25 | Report Abuse

cannot sell in open market la. 400 million shares leh.
@syndicates, how u know who u bought the shares from

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

fmbklci cannot sell in open market la. 400 million shares leh.
@syndicates, how u know who u bought the shares from

u can check broker code of the counterparties u dealt with (ie. 079 from JFapex). i did it last time with kenanga online platform (excel force platform). cant remember how to check. i'm using software platform nowadays.

Posted by supersamy > 2017-09-21 00:32 | Report Abuse

goodluck guys...as long as a good counter..ppl afraid to buy u jus buy..

Posted by BN_menang > 2017-09-21 09:15 | Report Abuse

KWAP, EPF can buy MUFG stake.

Posted by gsi723 > 2017-09-21 09:27 | Report Abuse

Cimb nowadays has solid biz and steady profit, with or without BN/ Najib doesn't matter to its survival

Posted by fmbklci > 2017-09-21 10:03 | Report Abuse

buying momentum quite strong

Posted by dusti > 2017-09-21 10:04 | Report Abuse

Good well managed bank, but wait for 6 to buy

Posted by ESPESP > 2017-09-21 10:34 | Report Abuse

Stockwatch ESP has initiate a buy call on CIMB.

Stay tune and see you all at RM6.80

Posted by ken > 2017-09-21 10:40 | Report Abuse

Time to buy CIMB? I bought some at 6.3.

Posted by stmah > 2017-09-21 10:53 | Report Abuse

Can some one advice if there is any dividend pay out this month?

Posted by gsi723 > 2017-09-21 11:14 | Report Abuse

Sometime big institutions aren't very smart.... although it's not easy to sell all 400m share in open market, but if slowly steadily sell, should be able to sell at least a portion at 6.50-6.80, as cimb is doing fine....

Posted by IVAN2222 > 2017-09-21 11:39 | Report Abuse

KUALA LUMPUR: Maybank Investment Bank Research is maintaining its Buy call on CIMB Group Holdings Bhd and target price of RM7.50, pegging 2018 valuations to a price-to-book value (P/BV) of 1.3 times and return on equity (ROE) of 10.6%.

It said on Thursday Mitsubishi UFJ Financial Group’s banking entity, The Bank of Tokyo-Mitsubishi UFJ’s (BTMU) disposal of its 4.6% stake in CIMB at a discount to market price has caused some near term share price weakness.

“But fundamentals of the group remain intact, with the prospect of improving ROEs into 2018.

“CIMB is one of only two financial institutions in our portfolio that are expected to see improved ROEs into 2018 and this in itself, warrants a re-rating of the group. FY17 dividend yield of 4.1% provides support,” it said.

BTMU disposed of 412 million CIMB shares via an overnight block trade at RM6.20 a share; this being a 4% discount to Tuesday’s closing price of RM6.46, raising proceeds of about RM2.56bil.

According to MUFG’s announcement, the group is looking to optimise capital management and is conducting a review of existing strategic investments by MUFG group of companies from the viewpoint of strategy, capital efficiency and profitability of investment, among others.

BTMU’s CET1 ratio was 11.3% as at end-June 2017 and we estimate a slight enhancement to 11.4% from this sale.

“CIMB’s share price has weakened by about 6% from Monday’s close of RM6.69, in response to this transaction, we believe.

“This enhances the attractiveness of the stock, in our view, especially since fundamentals remain intact. We continue to forecast an expansion in ROE to 10.6% in FY18 from 9.6% in FY17 and this justifies the re-rating of the group,” said Maybank Research.

Posted by IVAN2222 > 2017-09-21 11:39 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/21/maybank-ib-research-retains-buy-on-cimb-target-price-rm7pt50/

Posted by IVAN2222 > 2017-09-21 11:39 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/21/maybank-ib-research-retains-buy-on-cimb-target-price-rm7pt50/

Posted by IVAN2222 > 2017-09-21 11:39 | Report Abuse

MAYBANK CALL BUY!!!!!!!!!!!!!!!!!!! 7.50

Posted by GreatWarrants > 2017-09-21 11:44 | Report Abuse

CIMB - C27 now 0.055 heavy collection
Target 10 sens last chance to get cheap

Posted by IVAN2222 > 2017-09-21 12:59 | Report Abuse

BANK STRATEGY..SELL LOW BUY HIGH

Posted by IVAN2222 > 2017-09-21 13:00 | Report Abuse

BUT GOOD FOR US...DONT LET SELLER SELL AT HIGH PRICE AND WE STUCK AT LOW PRICE LATER

Posted by IVAN2222 > 2017-09-21 13:01 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/21/maybank-ib-research-retains-buy-on-cimb-target-price-rm7pt50/

Posted by IVAN2222 > 2017-09-21 13:01 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/21/maybank-ib-research-retains-buy-on-cimb-target-price-rm7pt50/

Posted by IVAN2222 > 2017-09-21 13:01 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/21/maybank-ib-research-retains-buy-on-cimb-target-price-rm7pt50/

Posted by GoodCompanies > 2017-09-21 14:54 | Report Abuse

I re-read the rookie author at Bloomberg, he edited the article, coz he was obviously wrong! But never admitted make mistake, just edited and add footnote. This happens after Maybank teaches the guy how to calculate loan to deposit ratio, hahaha. Anyway, these kind of articles are dangerous for Malaysia. They don't portray the real things, even numbers are clearly wrong. And many people simply accept and take the article at face value.

Posted by kelvin62 > 2017-09-21 15:38 | Report Abuse

I keep hearing in Bursa only got 2 banks counters when in actual more. Why no 1 compare PB Bank, HLG, Maybank with CIMB?

Posted by fmbklci > 2017-09-21 20:20 | Report Abuse

@kelvin62, pbb and hlb usually are for investors not short term trading. cimb can be short term or long term depend on individual.

Posted by wklee9113 > 2017-09-21 20:41 | Report Abuse

Buy cimb 27 now cheap sale

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

Brent uptrend to $56 and above.

Posted by limch > 2017-09-24 10:49 | Report Abuse

21-Sep-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,000,000 shares on 14-Sep-2017.
21-Sep-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 647,100 shares on 14-Sep-2017.
21-Sep-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 140,000 shares on 15-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,800,000 shares on 08-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 771,900 shares on 08-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 500,000 shares on 08-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 100,000 shares on 08-Sep-2017.
https://klse.i3investor.com/servlets/stk/1023.jsp

Posted by limch > 2017-09-24 10:50 | Report Abuse

EPF and KWAP bought a lot recently.

Posted by fmbklci > 2017-09-24 12:33 | Report Abuse

they bought around 6.70. nothing to worry if u buy at 6.30. if u lose, they are losing even more

Posted by kuaTAKtahu > 2017-09-25 09:19 | Report Abuse

many houses give buy call with high tp

Posted by kuaTAKtahu > 2017-09-25 11:48 | Report Abuse

Maybank Investment Bank Research (Maybank IB) is maintaining its “buy” call on CIMB, with a target price of RM7.50.

It said Mitsubishi UFJ Financial Group’s (MUFC) Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU) disposal of its 4.6% stake in CIMB at a discount to market price had caused some near term share price weakness, adding however that the group’s fundamentals remain intact, with the prospect of improving return on equity (RoE) into 2018.

“CIMB is one of only two financial institutions in our portfolio that are expected to see improved RoEs into 2018 and this in itself, warrants a re-rating of the group. Its 2017 dividend yield of 4.1% provides support.

BTMU had disposed off its entire 4.6% stake of 412 million CIMB shares via an overnight block trade at price of RM6.20 per share – this being a 4% discount to last Tuesday’s closing price of RM6.46 and raising proceeds of about RM2.56bil.

“According to MUFG’s announcement, the group is looking to optimise capital management and is conducting a review of existing strategic investments by MUFG group of companies from the viewpoint of strategy, capital efficiency and profitability of investment, among others.

“BTMU’s Common Equity Tier 1 (CET1) ratio was 11.3% as at the end of June and we estimate a slight enhancement to 11.4% from this sale.”

Maybank IB pointed out that CIMB’s share price has weakened by about 6% from last Monday’s close of RM6.69.

“This enhances the attractiveness of the stock, in our view, especially since fundamentals remain intact.

“We continue to forecast an expansion in RoE to 10.6% in 2018 from 9.6% in 2017 and this justifies the re-rating of the group.”


Read more at http://www.thestar.com.my/business/business-news/2017/09/25/analyst-reports/#ab8QIowPJwUh3lLw.99

Posted by Bulat > 2017-09-25 15:49 | Report Abuse

why the epf sell buy sell buy wah the broker fees and tax should be a lot

Posted by fmbklci > 2017-09-25 16:25 | Report Abuse

alot of crossing at 6.31. more than 10 mil shares

Posted by fmbklci > 2017-09-25 16:26 | Report Abuse

sry, is 5 mil shares. more than 5 mil shares

Posted by wklee9113 > 2017-09-25 16:47 | Report Abuse

What issues here

Posted by kuaTAKtahu > 2017-09-25 17:54 | Report Abuse

CIMB remain cheap