Posted by johnyeoyeo > 2017-12-13 15:02 | Report Abuse

rm 6.5 cannot but rm 7 ok hahaha

Posted by masterus > 2017-12-14 10:13 | Report Abuse

The U.S. dollar fell after the Federal Reserve raised interest rates, with central bankers signaling they don’t expect inflation to pick up steam as job gains slow.

The Wall Street Journal Dollar Index, which measures the U.S. currency against a basket of 16 others, snapped a seven-day streak of gains, declining 0.7% to 86.76.

Posted by siaw53699 > 2017-12-14 15:06 | Report Abuse

Fed is undertaking balance sheet normalization via reducing the reinvestment of matured principal instead of selling us securities like last time. US dollar might gain some appreciation in short-term, but it wont be a big impact to other currencies like RMB and MYR.

Posted by mdmlyn > 2017-12-14 15:51 | Report Abuse

may i know can go up to 7 or not this week. tq..

Posted by akulamatata > 2017-12-14 22:05 | Report Abuse

This call Patience Is Winner

Posted by imlearning > 2017-12-18 13:18 | Report Abuse

So high already ,can buy?

Posted by Happy Investing > 2017-12-18 17:11 | Report Abuse

remember it shot to RM7 on 31 Aug?

Posted by imlearning > 2017-12-19 09:26 | Report Abuse

according to the analyst the target price is6.80

Posted by siaw53699 > 2017-12-19 10:14 | Report Abuse

BNM giving the hint that they may rise OPR around 25bps on next year and it might be a good news for finance sector.....holding until next year.....and good luck to every investor here.......

Posted by Happy Investing > 2017-12-19 11:31 | Report Abuse

is the current price good price to go in?

Posted by loico > 2017-12-19 12:01 | Report Abuse

good to go in for long term

Posted by siaw53699 > 2017-12-19 14:57 | Report Abuse

yes...if you are long term oriented investor, this is a good chance....

Posted by Happy Investing > 2017-12-19 15:08 | Report Abuse

Thanks to both

Posted by Happy Investing > 2017-12-20 10:11 | Report Abuse

moving up now

Posted by johnyeoyeo > 2017-12-20 10:36 | Report Abuse

good see you at 10

Posted by mancingbursa > 2017-12-20 11:16 | Report Abuse

Cii pet.... Mau super bullish kah? Gogogo....

Posted by mancingbursa > 2017-12-20 11:28 | Report Abuse

By the chart reading and software indicate maybank and cimb wil break higher high !

Posted by labu83 > 2017-12-20 11:37 | Report Abuse

Cimb c27,a power profit will make,

Posted by labu83 > 2017-12-20 11:38 | Report Abuse

Rm7 above before cny

Posted by mancingbursa > 2017-12-20 13:04 | Report Abuse

C28 and c30 more valuable
2nd choices c26
3rd c23

If u wan cheap2 want can buy ambank c1 0.025 only

Posted by loico > 2017-12-20 17:52 | Report Abuse

RM8 at least.

Posted by howlikethat > 2017-12-21 10:32 | Report Abuse

Why drop?? Profit taking from yesterday?

Posted by mancingbursa > 2017-12-21 12:32 | Report Abuse

Good movement

Posted by loico > 2017-12-21 17:42 | Report Abuse

not stopping already!

Posted by masterus > 2017-12-22 07:16 | Report Abuse

The price of bitcoin (BTC) has been suffering from a bearish decline since it reached $19,600 USD across global markets and had touched a low of $15,299 on December 21. Over the past two days, most of the other alternative digital asset markets were stable or made some significant gains. However, now that BTC markets have continued to dive lower, the rest of the cryptocurrency economy is feeling the wrath of the storm.

Posted by Klcc76 > 2017-12-27 12:10 | Report Abuse

Index push up end yrs hopefully cimb going 7.5

Posted by Happy Investing > 2017-12-27 13:55 | Report Abuse

7.5 a bit too high to achieve, 7 is more achievable

Posted by mancingbursa > 2017-12-28 13:32 | Report Abuse

Fr chart analysis CIMB and MAYBANK will break higher high ! Just buy any and hold of on it.
__________________________

Muted start for KLCI as select blue chips weigh
minda2017-12-28 11:50:54
KUALA LUMPUR (Dec 28): The FBM KLCI started on a muted note this morning, as select blue chips weighed on the local index.

At 9.05am, the FBM KLCI dipped 0.78 points to 1,770.98.

The early decliners included Westports Holdings Bhd, Pelikan International Corporation Bhd, Malaysia Pacific Industries Bhd, AMMB Holdings Bhd, Tenaga Nasional Bhd, Hartalega Holdings Bhd, Magni-Tech Industries Bhd, PCCS Group Bhd, IOI Corporation Bhd and UEM Edgenta Bhd.

Asian shares rose to a one-month high on Thursday and were on track for their best annual performance since 2009, while commodity-driven currencies were buoyed by a rally in copper, which hit a four-year peak, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent at 563.86 points, a level last visited in late November. It has rocketed 32 percent in the year so far, it said.

JF Apex Securities Research in a market preview said US markets ended slightly higher amid gains in property and utility counters as well as declines in telecommunication and energy counters after oil price eased from a two-year high of US$60 per barrel.

It said European stocks closed mixed with the FTSE 100 hitting a record high amid low volume in the holiday season.

“On the local market, the FBM KLCI surged 11.77 points to 1771.76 points.

“Following the recent window dressing, the index is expected to remain buoyed and could challenge the resistance of 1800 points,”it said.

Source: The Edge Markets

Posted by mancingbursa > 2017-12-28 14:31 | Report Abuse

Maybank highest 10.80
Cimb higher 8.80

Posted by cheshirecat > 2017-12-28 15:46 | Report Abuse

Thanks for keep us update

Posted by gcke > 2017-12-28 20:45 | Report Abuse

Just watch tomorrow trading pattern.Tomorrow is that ultimate last day for year 2017 before new year 2018 dawned on next week Monday.
2.Basing on past trends and trading movement most of all KLCI's index counters will be pushed up towards the closing minutes for end-of-year window dressing.
3.Then when the market re-opens on Tuesday,2 Jan 2018 many of such index counters will drop back.
See whether you as an investor can catch the tail end highest price to sell.
Will watch raptly the market trading tmrw.
Happy New Year and take care.Hope for better shiny days ahead of us:-)))

Posted by mancingbursa > 2017-12-28 23:08 | Report Abuse

http://www.klsescreener.com/v2/news/view/323995

Posted by armadasaxon > 2017-12-29 09:19 | Report Abuse

Cimb cannot break higher.

Posted by masterus > 2017-12-29 18:35 | Report Abuse

Us dollar is under downward pressure

Posted by mancingbursa > 2017-12-29 20:12 | Report Abuse

:) why?
Bcos all old folks go down to street see ah moi hengyuan and some penny stock ! Hahaha

Posted by Larrytrader > 2017-12-29 20:51 | Report Abuse

Ini stock tank boleh move Kenapa ah?

Posted by mancingbursa > 2017-12-30 02:27 | Report Abuse

Sebab Larry Livingstone was here

Posted by enning22 > 2018-01-01 15:44 | Report Abuse

Global and domestic economies healthyly expanded further,banking stock would benifit reasonably, provided they are not involved in 1MDB or similar damaging scandals.

Posted by mancingbursa > 2018-01-02 01:42 | Report Abuse

MyStock118
What to expect in 2018?
http://www.mystock118.com/?p=232177

Posted by masterus > 2018-01-02 15:27 | Report Abuse

Brent crude break $67/barrel and above.

Posted by mancingbursa > 2018-01-02 19:59 | Report Abuse

MyStock118
Nazir Razak expects ‘very good year’ for Asean banks in 2018 (VIDEO)
http://www.mystock118.com/?p=232456

Yes, as my predict before buy any banking stock and hold.

Posted by mancingbursa > 2018-01-02 20:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/10/04/epf-and-kwap-are-said-to-pursue-insurance-deal-talks/

Posted by mancingbursa > 2018-01-03 03:05 | Report Abuse

Dow opens 100 points higher as Wall Street kicks off 2018 on a high note - http://cnbc.com/id/104923432

Posted by masterus > 2018-01-03 11:15 | Report Abuse

Iranian Crisis Could Send Oil To $100
By Nick Cunningham - Jan 02, 2018, 6:00 PM CST
Oil
Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time in years.

The protests in Iran were the main driver of the bullish sentiment in the oil market. Anti-government demonstrations swept across the country in recent days, and unlike the widespread protests in 2009, the current rallies are related to economic woes and are also taking place in more cities than just Tehran. “Growing unrest in Iran set the table for a bullish start to 2018,” the Schork Report said in a note to clients on January 2.

At least 14 people have been killed in the protests and an estimated 450 have been arrested. It is the most serious challenge to the Iranian government in years, and Iran’s Supreme Leader put the blame on foreign agents, presumably the United States. “In recent days, enemies of Iran used different tools including cash, weapons, politics and intelligence apparatus to create troubles for the Islamic Republic,” Ayatollah Ali Khamenei said.

Meanwhile, tension over North Korea – although not a new development – could be spreading to include a spat between the U.S. and Russia as well as the U.S. and China. Reuters reported late last week that Russian oil tankers have sent fuel to North Korea on multiple occasions in the last few months by transferring cargoes at sea. If true, the actions would amount to a violation of UN sanctions. Sources told Reuters that there is no evidence that the Russian state was involved, but the news has raised the specter of U.S.-Russian tension as Washington seeks a hard line on Pyongyang.

Posted by mancingbursa > 2018-01-03 12:35 | Report Abuse

Year ahead may not be smooth sailing for certain sectors

KUCHING: 2018 may not be a smooth sailing year forewarned Kenanga Investment Bank Bhd (Kenanga Research), as challengest arise in the normalisation in interest rate, and uncertainties over the new tax reform in US.

On the domestic front, concerns over the impacts of pre and post General Elections 14 are raised as well.

“Sector-wise, we stay overweight on aviation, gaming, real estate investment trusts (REITs) and power utility sectors, while healthcare sector is the only underweight sector,” it said, adding that other sectors are neutral.

“However, we are also monitoring aviation and REITs sectors very closely.”

The performance of airlines such as AirAsia Bhd could be affected should crude oil price remains strong over the next few months, warned Kenanga Research.

“As for REITs, while we believe the movement of MGS yields is less sensitive to US interest rate hike and OPR changes to a lesser extent, higher risk-free rate normally reduces the attractiveness of REITs from a valuation point of view.

“As for gloves and semiconductor sectors, we are pretty selective as we are fully aware of the valuation cycles for these sectors.”

As for risks, Kenanga Research said investors should also realise and be ready to embrace the impact of interest rate hike should it materialise.

“Banks could see a knee-jerk rally for the short-term expansion in interest margin, but asset quality remains a concern for a longer run.

“Investors should also stay cautious over oil and gas players that have high borrowings for their assets. Property counters may see greater selling pressure before buying/trading opportunities emerging.

“Plantations sector may not see immediate rerating catalysts judging from the lacklustre price movement.”

Turning its view on the local bourse, Kenanga Research said due to the recent changes in index constituents as well as the demerger of Sime Darby Bhd, it saw significant changes in earnings growth estimates.

“Our FBMKLCI FY17E/FY18F net earnings growth estimates have been revised from 2.6 and 3.6 per cents to 9.8 and minus 0.2 per cents.

“Changes in constituent aside, 2018 is still likely to see a lower earnings growth as opposed to 2017 due to normalised earnings growth in banks, power utilities and telcos. For FY19, our tentative earnings growth is forecasted at 4.9 per cent.

“Based on the latest numbers and inputs from analysts, we are pegging our end-2018 Index Target at 1,860, implying 16.8 and 16 times of FY18E and FY19E earnings.”

Source: Borneo Post Online

Posted by mancingbursa > 2018-01-03 12:36 | Report Abuse

Better loan growth in 2018 — Analysts
KUCHING: Based on the current trend of loan demand and approval, analysts are anticipating that the banking sector will see better loans growth in 2018.

In a sector update, MIDF Amanah Investment Bank Bhd (MIDF Research) pointed out that the number of applied loans had grown at a faster rate in November 2017 at 15.8 per cent year over year (y-o-y) to RM82.6 billion – mainly driven by housing loan applications.

Similarly, the number of approved loans also skyrocketed to 22.4 per cent y-o-y to RM36.6 billion with the main contributor for the strong growth attributed towards the purchase of residential properties.

On a year over year (y-o-y) comparison, this segment grew 18.2 per cent y-o-y to RM3.7 billion – believed to be in line with the trend of banks growing their mortgage books that MIDF Research observed in 3QFY17.

On the whole, total approved loans during January to November 2017 grew at +8.8 per cent y-o-y to RM345.6 billion, while approval rate jumped to 44.1 per cent.

“We opine that this trend of strong mortgage demand and approvals may continue into 2018, especially due to the spill over effect from the fourth quarter of 2017 (4Q17),” said the research arm.

With that in mind, MIDF Research is forecasting that loans growth will begin to pick up in 2018 at around 6.0 per cent y-o-y growth.

On the other hand, AmInvestment Bank Bhd (AmInvestment Bank) is opining that loans will grow more modestly at 5.0 per cent y-o-y based on an the expected GDP growth of 5.5 per cent – resulting in a loan to GDP multiplier of close to 1.0 per cent.

Besides that the bank is also forecasting that allowances for loan losses will be higher in 2018 due to the implementation of MSFR9 on January 1, 2018.

This along with a potential revision of 25 to 50 basis points to the overnight policy rate by Bank Negara Malaysia (BNM) will prompt banks to re-price their loans higher – adjusting to higher provisioning and the OPR hike ahead of deposit rates.

“In the event that this (OPR rate hike) occurs, it would have a temporary positive impact on bank’s net interest margin as loans will be re-priced higher, adjusting to the hike in the OPR ahead of deposit rates,” explained the bank.

All in, both analysts are of the opinion that the banking sector will continue to do well in 2018 on the back of continued improvement in domestic economic performance, external trade and stable employment environment.
AmInvestment Bank retained its ‘overweight’ rating with a forecast of the sector’s return on equity to remain stable between 10.0 and 11.0 per cent, while MIDF Research is maintaining its ‘positive’ stance on the banking sector on the expectation that higher demand and approval for loans will allow the sector to maintain its earnings potential in 2018.

Posted by loico > 2018-01-03 16:50 | Report Abuse

2018 is a strong year for CIMB

Posted by cheshirecat > 2018-01-04 00:03 | Report Abuse

Yes brothers Sure !

Posted by masterus > 2018-01-04 07:16 | Report Abuse

Brent price now at $77.92/barrel

Posted by enning22 > 2018-01-04 09:11 | Report Abuse

$67/barrel
https://oilprice.com/