Posted by ming > 2019-07-16 01:07 | Report Abuse

RSS volume was huge as about 40% of total transaction for these 2 days..

Posted by mobidick > 2019-07-16 15:59 | Report Abuse

Khazanah pawned cimb stake as convertible loan with maturity at 2024(5yr). EPF dont like so they are selling, past 1 week more than 5 million share dump in open market. How much more lower depends on epf planning. But the effect is not as harsh as everyone thought, dropping only by 30sen eventhough its epf that is selling. Everyone is readying bullet to buy in once epf stop selling, my guess.

Actually if u see back past month or 2, u notice kwsp and kwap been racing each other to sell as much as possible,

Posted by money game > 2019-07-16 16:09 | Report Abuse

I think the selling game should be over soon... seems like RM5.15 is quite strong supporting... I foresee it will go up soon...

Posted by money game > 2019-07-16 16:11 | Report Abuse

worst scenario will drop back till 5.00 - 5.05... I don't think will drop lower than RM5.00

Posted by money game > 2019-07-16 16:12 | Report Abuse

once this news digested by the market.. the price will rebound back..

Posted by JQ > 2019-07-16 16:17 | Report Abuse

Very cheap now

Posted by JQ > 2019-07-16 16:20 | Report Abuse

I saw a Elliott Wave pattern since mid April

Posted by money game > 2019-07-16 16:28 | Report Abuse

JQ, you mentioned that you trap at 5.30.. I believe for short term, maybe in couple of weeks or worst case in one or 2 months, the price will up back to 5.30... middle term TP should be RM6.00..and long term if plan 2023 is works, this share will go back up to RM 8.00.. like in mid of year 2013

Posted by money game > 2019-07-16 16:29 | Report Abuse

for long term player, I think this is a good counter to buy... but u really need to have patient to keep..

Posted by Jururawat > 2019-07-16 18:33 | Report Abuse

The relationship between Japan, China improved.
Could be Mitsubishi UFJ or Bank of China is a potential buyer, haha guessing.
Or
Singapore DBS Bank.
If we think that was cheap other banker will does

Posted by ming > 2019-07-16 18:35 | Report Abuse

Khazanah dispose 335mil units share last friday.. wonder who is buying

Posted by Jururawat > 2019-07-16 18:44 | Report Abuse

Do Bank negara loosen the policy allowed holder for the bigger stake in financial banking and boost the bursa attractively for investor.

Posted by JQ > 2019-07-16 22:09 | Report Abuse

I hold for mid term

Posted by huat_ah > 2019-07-16 23:09 | Report Abuse

Bought more at 5.16 today. Hope it doesn't drop anymore ;/

Posted by armadasaxon > 2019-07-17 09:11 | Report Abuse

Last year around this time also drop to 5.20..towards dividend date it went to rm6.

So place your bets.

Posted by 346 david > 2019-07-17 12:36 | Report Abuse

buy. it is an opportunity to collect before it climb

Posted by Vin Cullen > 2019-07-17 12:48 | Report Abuse

https://www.theedgemarkets.com/article/khazanah-says-exchangeable-bond-will-not-have-dilutive-effect-cimbs-eps Khazanah says exchangeable bond will not have dilutive effect on CIMB’s EPS !! BUYYYYY !~!!!

Posted by JQ > 2019-07-17 12:54 | Report Abuse

Jp Morgan and credit Suisse bought the shares ?

Posted by ming > 2019-07-17 13:05 | Report Abuse

Not buy or sell.. announcement stated leasing only..
standard regulated short selling process..

Posted by ming > 2019-07-17 13:06 | Report Abuse

Jp + cs selling..
Then whois buying?

Posted by Vin Cullen > 2019-07-17 13:15 | Report Abuse

Dont care who Is buying ~~ Check the EPS and PER and DY 4.7%++ :)

Posted by Jeffreyteck > 2019-07-17 13:27 | Report Abuse

Announcement to calm down the SH. Newspapers wrongly reported should be penalized. LT remains intact but ST volatility is aspected as June results is unlikely to be good q-o-q. Est 40% down q-o-q as last June is simply too good.

Posted by Vin Cullen > 2019-07-17 14:30 | Report Abuse

<< Newspapers wrongly reported always good for Investor >>

Posted by luckypunting > 2019-07-17 14:33 | Report Abuse

... haha... purposely caused panic celling ... some people already shorted it and now can push up ... 2 ways profit

Posted by 346 david > 2019-07-17 14:38 | Report Abuse

buy for investment

Posted by Hafid > 2019-07-17 15:03 | Report Abuse

CIMB Thai Bank PLC recorded a 19.4% jump in net profit to THB4299mil over the six months ended June 30, 2019, over the previous corresponding period on the back of higher operating income and lower provisions.

Read more at https://www.thestar.com.my/business/business-news/2019/07/17/cimb-thai-posts-19pt4pct-jump-in-1h2019-net-profit/#fJm1dtFEYzsljexf.99

Posted by Shinnzaii > 2019-07-17 15:26 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/07/17/khazanah-clarifies-cimb-shares-sale/

Posted by Keyman188 > 2019-07-17 15:27 | Report Abuse

sudah lama tunggu below RM 5

Tapi tak sampai....

So so sad...

Posted by mobidick > 2019-07-17 15:53 | Report Abuse

Thai subs profit increase by 19% but its contribution to group earnings is 6% plus minus. Means 6.15% contribution, nothing in comparison. If cimb is looking to publish good news at least put out a good one.

Im still holding but near my exit price, next news is qtr report ending june.

Posted by money game > 2019-07-17 18:34 | Report Abuse

today tested again RM5.15, and I think it is well supported... if there is no major bad news, I think the price wont go down so far from RM5.15.. hope this is the baseline to rebound back..

Posted by armadasaxon > 2019-07-17 19:20 | Report Abuse

https://www.zerohedge.com/news/2019-07-16/bank-run-deutsche-bank-clients-are-pulling-1-billion-day

Careful might send shockwave..

Posted by Investor48 > 2019-07-17 21:37 | Report Abuse

Might drop to 5.05 before rebound..
But it's about time to top up..

Hehe...

Posted by Trouble Huat > 2019-07-17 21:42 | Report Abuse

5.1 important, once break consider selldown

Posted by ming > 2019-07-17 21:48 | Report Abuse

Rss volume reduced to 25% of total transaction..

Posted by melanie181818 > 2019-07-17 22:54 | Report Abuse

All newspapers reported wrong info. Brokerages like kenanga also reported wrongly citing share dilution. Idiots..

Posted by melanie181818 > 2019-07-17 22:59 | Report Abuse

500m usd is more than 2000m rm
335m shares as collateral to borrow more than 2000m, means the shares are valued at 6/share.

Posted by luckypunting > 2019-07-18 10:14 | Report Abuse

try to its footing at current level ... :p
waiting for rebound

Posted by masterus > 2019-07-18 10:14 | Report Abuse

Singapore Dollar Falls as Non-Oil Exports Tank in June

However, the Singaporean economy is going through a difficult patch. Data released recently from the country show that the economy is indeed weakening. In May, the country released the GDP data that showed Q1 economy grew by 1.2%, which was lower than the Q4’18 1.3%. In July, data from the statistics office showed that the GDP increased by an annualized rate of 0.1% in the second quarter. This was much lower than the growth of 1.1% that traders were expecting. It was also lower than the Q1 revised growth of 1.1%. The country now expects the economy to grow by between 1.5% and 2.5% this year. However, analysts expect this number to be downgraded.

Today, data from the country showed more weakness. In June, the non-oil exports declined by -17.93%. This was much lower than the -9.90% that traders were expecting. It was even worse than the -16.305 that was released in June. On a MoM basis, the non-oil exports declined by -7.60%, which was lower than the expected -3.90%. On a seasonal adjusted basis, the NODX reached S$12.9 billion in June, which was lower than the S$14 billion released in May.

On the other hand, the Non-Oil Retained Imports of Intermediate Goods (NORI) increased by S$0.6 billion from S$5.3 billion in the previous month to S$5.9 billion in June. This led to the trade surplus to narrow to S$2.4 billion.

Posted by masterus > 2019-07-18 10:15 | Report Abuse

In general, the total trade in Singapore decreased sharply in June. Total imports decreased by 4.8% in June while total exports decreased by 9.3%. On a seasonally-adjusted basis, the total trade decreased by 3.5% in June after growing by 3.5% in May.

It is these weaknesses in the country’s economy that caused the International Monetary Fund (IMF) to slash the growth forecast for the country. The organization expects the economy to grow by 2 per cent this year, down from the previous estimate of 2.3%. This slowdown is blamed on the trade tensions. Surprisingly, Singapore was expected to benefit as more companies move from China.

As a result of all this, the Singapore dollar has weakened significantly against the USD. The pair has risen to 1.3607, which is the highest level since July 11. On the chart below, the price is above the 14-day and 28-day moving averages while the RSI has moved to above the overbought level of 70. The pair will likely continue moving higher to test the 1.3630 level.

Posted by Jeffreyteck > 2019-07-18 13:24 | Report Abuse

Will average down at $4.80 after June results announcement.

Posted by money game > 2019-07-18 22:25 | Report Abuse

today tested again RM5.15, and again received well support.. I hope the price can rebound by tomorrow.. and next week..

Posted by luckypunting > 2019-07-19 09:08 | Report Abuse

try to form base here and stage a rebound ... can CIMB do it? :p

Posted by JQ > 2019-07-19 10:05 | Report Abuse

Got potential

Posted by money game > 2019-07-19 11:44 | Report Abuse

if no big issue, I think it CIMB can do it before QR... just don't know how high it can go...possibility back to RM5.30.. just now already touched RM5.20

Posted by 洪永善 > 2019-07-19 11:51 | Report Abuse

i pun hairan!dua kepala gaduh！marker masih boleh naik!!!

Posted by Keyman188 > 2019-07-19 15:29 | Report Abuse

London bridge is falling down....falling down...

London bridge is falling down....falling down...

Posted by Keyman188 > 2019-07-19 15:29 | Report Abuse

Very very soon close to my entry point......

Posted by money game > 2019-07-19 16:52 | Report Abuse

After build a strong support at RM5.15... CIMB today rebound to RM5.24... well done CIMB

Posted by Negan > 2019-07-19 16:53 | Report Abuse

I can only average down to 5.21! I am out bullets!

Posted by money game > 2019-07-19 16:56 | Report Abuse

it should be no issue to go back RM5.30 before QR