Posted by risktransformer > 2019-05-10 11:28 | Report Abuse

Beware of the following:
1. EPF heavy selling (8 or 9 million shares per day);
2. Stock market in correction (KLCI already fallen 11.5% from its recent peak of 1.826.90);
3. BNM lowering interest rate translating into less profit for banks.

All of the above will tend to drag down CIMB's price to below RM5.

Posted by TegasTSSB > 2019-05-10 18:44 | Report Abuse

yes, not sure why is EPF having such a heavy selling.
But then, who are the buyers?

Posted by risktransformer > 2019-05-11 08:48 | Report Abuse

EPF heavy selling is because of #2 & #3..... EPF traders are very experienced & know the market very well (ahead of other market players). They are anticipating a bear market in the making.... if the KLCI drop another 8% or 9% (bringing it down to 20% from its recent peak) then this correction officially becomes a bear market. 20% down is only the beginning of a bear market.... it could drop as much as 80% (happened b4 in previous bear market).

Who are the buyers? They are those who have never experienced losing money in a bear market. They think that @ RM5.12, the price is very close to its 5 years lowest & they are hoping to make huge profit should the price move up back to RM8 or RM9.

Posted by Icon8888 > 2019-05-11 09:12 | Report Abuse

This is called lack of independent thinking

EPF sells autmotacillay assume EPF is correct

Posted by Icon8888 > 2019-05-11 09:12 | Report Abuse

God gives you a brain for a reason

Use it

Learn to think

Posted by risktransformer > 2019-05-11 09:23 | Report Abuse

EPF is not necessarily correct.... they may b wrong, but they are one of major market players that can affect the KLCI to a great extent. So it pays to take note of their actions (whether they r right or wrong). Use brain to include every possibility is better than thinking independently according to own biases.

Posted by signalmw > 2019-05-11 11:16 | Report Abuse

（华盛顿11日综合电）美国贸易代表莱特希泽周五晚间发表声明，美国政府将于周一公布对额外3000亿美元（约1.25兆令吉）中国商品加征关税的详情。这是美国公布对2000亿美元（8318亿令吉）中国商品增加关税不到24小时内，美国再次表示要加码。

Posted by iswara > 2019-05-11 11:26 | Report Abuse

USA residents need to pay more for China products, for EMS products most of them already or on the way shift out from China. Main reason USA pocket almost empty. See they got alot of reason to hold Malaysia funds.....

Posted by TegasTSSB > 2019-05-11 12:43 | Report Abuse

@Risktransformer, agree with you that EPF will have major influence in the market. definitely will be wary of their actions. Potentially, they have certain privileged information that most of us do not have.

But, those who take up EPF slots will most likely be some institution buyers, retailers will not have such power. Really hope some one can share info here as who are the main buyers behind this. So, they would have done their research too.

Fundamentally, CIMB is not bad compare to its peers. Consistent div payout with 4 to 5 % yield is not bad for long term investing. Just as human nature, if you can have it at lower price, why not? :)

Posted by risktransformer > 2019-05-11 15:41 | Report Abuse

@TegasTSSB, the main institutional shareholders of CIMB are: Khazanah (26.3%); EPF (13.6%); PNB (10.7%); KWAP (6.5%).... altogether owning 57.1% of CIMB's shares. All FFs combined hold 9.1% of CIMB shares. That leaves 33.8% of the shares held by retailers. U can check these figures at:

https://asia.nikkei.com/Companies/CIMB-Group-Holdings-Bhd


As to which major shareholders buy or sell.... u can find the information at:

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=1023
(Click "View More" under Latest Announcements.)


From the above Bursa's company announcements, I noticed that EPF started selling heavily since 04 Apr 2019 almost every other day till recently (almost 1 month already) but the only institutional buyer is KWAP (only ocassionally). When EPF sold around 1 million shares, KWAP only bought around 200k shares (or considerably less).... the the balance was bought by retailers. So, to answer your question (who bought from EPF?)..... they were mostly absorbed by retailers.

Posted by armadasaxon > 2019-05-14 09:22 | Report Abuse

All waiting rm5 kenot get

Posted by Charles Chan > 2019-05-14 10:31 | Report Abuse

wait until 4.5?

Posted by CatchThe Bull > 2019-05-14 16:30 | Report Abuse

Trade war between China and USA actually benefit for banks which have network in ASEAN countries, especially Vietnam, Cambodia, Thailand and Indonesia. Because many manufacturers base in China started to shift to "tax stable" countries to avoid being victim of trade war. CIMB is more toward ASEAN CATALYST.

Posted by skybursa > 2019-05-14 17:53 | Report Abuse

Good bank stock. Waiting for cheaper entry.

Posted by RainT > 2019-05-14 18:05 | Report Abuse

cheaper entry ? RM3.00???

Posted by naik23 > 2019-05-15 17:06 | Report Abuse

Run run run.......trump create rocket throw to China, China revange take nuclear boom back..
Good show, popcorn ready "avenger the end of the world"

Posted by 曾煦财 > 2019-05-15 17:27 | Report Abuse

HI, ALL, if for long term invest 2~5year , is this better than FD?

Posted by RainT > 2019-05-15 19:58 | Report Abuse

no one can give you accurate answer

go do your own homework

this all depend on how CIMB share price and profit perform

we need go study and make our own judgment and decision

if the market crash , we don't know how low CIMB can go and can it sustain the dividend

if not crash , then will be good ….all this variable is only GOD know

we only can predict and make decision on own experiences and judgement

Posted by naik23 > 2019-05-16 21:29 | Report Abuse

Rm4 coming soon

Posted by Brandon Ham > 2019-05-17 16:57 | Report Abuse

when is the QR out?

Posted by chanjinone > 2019-05-19 12:19 | Report Abuse

by june

Posted by SF123 > 2019-05-20 10:55 | Report Abuse

Hope it is good. Then can switch to other better bank stocks. This one non performer.

Posted by Jonathan Keung > 2019-05-23 09:18 | Report Abuse

kwsp biggest player in KLSE. everyday buy & sell { normal } one account for trading another for capital & dividends

Posted by wj99 > 2019-05-23 18:58 | Report Abuse

Just keep... Uninstall trading app recently...

Posted by RainT > 2019-05-24 12:30 | Report Abuse

must have very strong holding power only can buy and keep

is it your buying point is at lowest already ?

if not be prepare to be stuck even longer

Posted by Investor48 > 2019-05-29 20:54 | Report Abuse

TP 5.90..
Wait for trade war to end..

Hehe..

Posted by fitman > 2019-05-31 10:49 | Report Abuse

rm6 is coming

Posted by siaoliao > 2019-05-31 11:37 | Report Abuse

ah jib bank ........will up like GOD if najib back to stage.........hehehe

Posted by Vin Cullen > 2019-05-31 13:18 | Report Abuse

Seem like hard to break RM5.30..

Posted by mtwwy > 2019-06-02 15:51 | Report Abuse

Allow me to ask some stupid question... In term of financial, CIMB had growth quite beautifully and 2018 had make quite a good profit and nice EPS and it seems like growt quite consistently.. but the share price is volatile and didn't act against the fundamental.
Any sifu can share the view how to read a banking share? thanks

Posted by Investor48 > 2019-06-02 17:16 | Report Abuse

Short term hard to predict..normal..
Just hold..TP..5.90..

Hehe...

Posted by Chong Jin Qian > 2019-06-03 23:02 | Report Abuse

Because trade war, last year election and foreign outflow make our market volatile. Now cimb is a good buy because good fundamental and low price, hold until end of 2019 and you will see the profit. Cimb will move as the same direction as the klci , which I predict klci to reach 1800 during end of 2019.

Posted by Chong Jin Qian > 2019-06-03 23:05 | Report Abuse

According to my research, although cimb will move as same direction as klci , but cimb is more volatile than klci. Compare both chart and you will see what I said . Also klci chart has a falling wedge pattern

Posted by sensonic > 2019-06-03 23:11 | Report Abuse

BURSA SO CHEAP NOW, EVEN US MARKET DOWN, BURSA ALSO GO UP.

Posted by fitman > 2019-06-04 09:53 | Report Abuse

uptrend stock

Posted by jiunn > 2019-06-04 10:05 | Report Abuse

CIMB to break downtrend resistance @ 5,40 soon

6,50 coming BUY BUY BUY !!

Posted by chanjinone > 2019-06-04 10:37 | Report Abuse

Cimb is considered undervalued stock now. It suppose to be around 6

Posted by JQ > 2019-06-04 11:10 | Report Abuse

I agree, CIMB is one of the cheapest banking stock you can buy. Just hold until end of 2019.

Posted by siaoliao > 2019-06-04 11:34 | Report Abuse

below NAPS still cheap.........can consider buy some

Posted by 993954847305139 > 2019-06-04 13:34 | Report Abuse

mtwwy What you are reading, eps profit etc, are the past, not the most important fundamental. Fundamental lies ahead of future prospect, global economy, central bank policy etc.
First, you focused on the wrong aspect of fundamental. Market always least concern with out dated fundamental, focus on the more important fundamental, and market dont always right about it.

Posted by eTiaoLong > 2019-06-05 01:37 | Report Abuse

Bought CIMB at 5.09 for 4.91% Dividend Yield :)

Posted by chanjinone > 2019-06-05 13:26 | Report Abuse

will hit RM 6 by end of 2019

Posted by eTiaoLong > 2019-06-07 12:40 | Report Abuse

@chanjinone Wow, how u know? U have magic crystal ball? Future is a 50-50 thing, don’t speculate.

Posted by RainT > 2019-06-07 12:53 | Report Abuse

@mtwwy

this is call inefficient market

if all market is rationale then there will be now over price or under value stock already

some companies very good prospect /fundamental but the share price cannot go up ….why because some investors cannot see the value or in Msia some companies share price is control by certain party or funds

some companies is lack fundamental, but the share price can shoot up very fast to the sky and when down also very fast
why? because also market irrational and herd mentality , when many people goreng the price and up very fast , more people will like to join and make it even higher


to be able to be good investors , is to be able to see what others cannot see and have confident on your judgment , do homework and have your own reasoning to invest


good company eventually will reflect its fair value , but when ...this only GOD knows

Posted by masterus > 2019-06-10 12:34 | Report Abuse

The return of legendary psiptek 7145.

Posted by LeeHoMah > 2019-06-11 16:17 | Report Abuse

80k lot , per lot rm150k above sold today.....i think kwsp disposing again

Posted by bullstudent > 2019-06-11 17:13 | Report Abuse

Recovering nicely.

Posted by JQ > 2019-06-11 21:07 | Report Abuse

Hold until end of year to reap profit

Posted by RainT > 2019-06-12 15:49 | Report Abuse

hold until year end to reap loss

Posted by ONG > 2019-06-13 15:59 | Report Abuse

always big block there... selling never end. how the price going to move.
all talking is underprice? is it right?