Posted by ccboperator > 2020-04-23 00:59 | Report Abuse

wti up 24% for jun futures at 11.00 last nite..

Posted by newbie0718 > 2020-04-23 06:24 | Report Abuse

wait below rm3 at least....rate cut to be announced next month and convid pandemic is not over yet

Posted by wlchew > 2020-04-23 07:49 | Report Abuse

just remember pan el

Posted by RedEagle > 2020-04-23 07:53 | Report Abuse

4.50?

Posted by alice1053 > 2020-04-23 07:56 | Report Abuse

Thanks everyone, ok will buy some and keep

Posted by tkl88 > 2020-04-23 07:58 | Report Abuse

Wow, Fantastic ! Dow Jones spike up to
closed at=> 23,475.82 (+456.94) (+1.99%) !

Posted by MingGoon > 2020-04-23 08:28 | Report Abuse

CIMB group Holding is believed to be the malaysian bank that has significant exposure to troubled oil trader hin leong trading which owes almost USD4$ billion to more than 20 banks including DBS Group Holding, HSBC holdings, and Standard Charetered. Market talk has it that CIMB's exposure to Hin Leong is to the tune of USD120 million to USD130 Million. "

Titan : "i think the news haven reach the masses yet.......if DJ go red tonight ah....then it will fuel the downfall faster le "
( Yes, Titan ... CIMB - favourite of aunty stock... as gives good div ) , aunty not yet hear , not tech savy...

Titan : epf bought b4 the news was reported. Shall see these few days is epf continuing to buy.
( Yes, EFF bought b4 CIMB bad news was released .... )

JBond007: I remembered last year April Maybank-Hyflux loan exposure.
Maybank share prices fell when the news came out....but later everyone tend to forget about it. ( if CIMB drop ... pick up ! ... buy when steep drop ! )

CIMB : aunty aunty loves to buy .... CIMB are old days stock ( rich old aunty ) favourite to keep...

Thumb of rules : buy when low, and conserve cash... cash is king.....
Why take risk....

Posted by apple168 > 2020-04-23 09:49 |

Post removed.Why?

Posted by apple168 > 2020-04-23 09:59 | Report Abuse

谨记：五穷，六绝，七翻身

Posted by firehawk > 2020-04-23 10:00 | Report Abuse

五穷，六绝，七上吊

Posted by leslieroycarter > 2020-04-23 10:04 | Report Abuse

Ding dong market for sometime. Immediate to see 4.00 n later may b 4.70

Posted by leslieroycarter > 2020-04-23 10:07 | Report Abuse

Kump Persaraan n EPF r buying except 1 time selling 3000 shares ? A practice to dampen the rise n to continue buying low.

Posted by funkyway > 2020-04-23 10:49 | Report Abuse

come on cimb! all the way to rm4!

Posted by vinvin > 2020-04-23 10:50 | Report Abuse

I’m queuing to buy some at 3.50 for long term investment.

Posted by M2 > 2020-04-23 10:53 | Report Abuse

For long term yes. Buy and keep
For short term not now. Need wait abit

Posted by funkyway > 2020-04-23 12:20 | Report Abuse

hope market fly after recess. bad news for cimb last few days but share price stable. good sign

Posted by vinvin > 2020-04-23 12:26 | Report Abuse

Wah, very steady at 3.56-3.57 but I queue under GTD for few weeks.

Posted by Luckyman95 > 2020-04-23 12:42 | Report Abuse

Buy at 3.55 is that ok?

Posted by apple168 > 2020-04-23 14:12 |

Post removed.Why?

Posted by funkyway > 2020-04-23 15:09 | Report Abuse

come on cimb gogogo

Posted by vinvin > 2020-04-23 15:27 | Report Abuse

I Q at 3.50 still cannot get!

Posted by JacLow > 2020-04-23 15:33 | Report Abuse

Opr reducing again oh..still wan buy?

Posted by vinvin > 2020-04-23 15:51 | Report Abuse

Finally bought at 3.50

Posted by mamatede > 2020-04-23 15:58 | Report Abuse

keep on testing support is not good, trading sideways is not too wise as 50% drop or 50% up
. maybe lets wait and see whats the movement are, 3.65 is still not too late.

Posted by rambolee > 2020-04-23 16:02 | Report Abuse

opr cut 0.5-0.75 is already under expectation

Posted by BullRUN2021 > 2020-04-23 16:15 | Report Abuse

KWSP everyday supporting the price, won't expect it to drop huge. Just buy and comme back next year!

Posted by Live4Tea > 2020-04-23 17:31 | Report Abuse

Hing Leong big exposure big Big losses. Sure fall another 0.30 at least. Wait first. Sell first. Buy back nearer 3.00

Posted by noobietrader69 > 2020-04-23 18:55 | Report Abuse

Q-ing at RM2.08, same as Financial Crisis

Posted by leslieroycarter > 2020-04-24 09:58 | Report Abuse

Not to worry much abt this stock coz EPF n kump Persaraan bought consequtively when it's price dipped .

Posted by Collect > 2020-04-24 12:32 | Report Abuse

one of the 'too big to fail' bank in our country, don't expect it to drop too much

Posted by Lucky81 > 2020-04-24 12:35 | Report Abuse

TP 2.5 like ABMB.

Posted by Abushling > 2020-04-24 13:23 | Report Abuse

Strong supporting at 3.50 level buy now

Posted by SWT1988 > 2020-04-24 19:13 | Report Abuse

M buying too below 3.50

Posted by investmalysia > 2020-04-25 07:09 | Report Abuse

Add 20k shares to my portfolio

Posted by JBond007 > 2020-04-25 09:12 | Report Abuse

One of the BEST BUY.........Buy on weakness.

Posted by Frederick Foo > 2020-04-25 12:51 | Report Abuse

Me too, reload more

Posted by Jeffreyteck > 2020-04-25 18:05 | Report Abuse

US-China quarrel leads to last-minute cancellation of G20 leaders’ summit. Expect trade war will continue till at least trumpet regime is over. TP 4.00 by 2022.

Posted by apple168 > 2020-04-26 09:03 | Report Abuse

https://www.malaymail.com/news/money/2020/04/22/cimb-hit-by-hin-leong-connection/1859247

Posted by stockraider > 2020-04-26 16:18 | Report Abuse

Go & buy apa takut leh ??

Even Cimb take a charge of Rm 500m provision for additional loan losses, it still make good profit mah...!!

It still trade at 60% book value & pays reasonable good dividend loh..!!

Now is the chance to buy cheap but going fwd, when things stabilise u can never collect at this attractive anymore mah...!!

KUALA LUMPUR, April 22 —CIMB Group Holdings Bhd’s shares on Bursa Malaysia took a hit today on news of its connection with troubled oil trader Hin Leong Trading, which owes almost US$4 billion (RM17.5 billion) to more than 20 banks.

At the close, CIMB Group’s shares slipped 12 sen to RM3.49, with 44.74 million shares transacted.

Recent news report said that CIMB Group is believed to be the Malaysian bank which has an exposure of approximately US$120-US$130 million to Hin Leong.

AffinHwang Capital said that other global banks with major exposure to Hin Leong include HSBC Holdings Plc, ABN Amro Bank and DBS Bank Ltd.


“We understand that Hin Leong and its sister company, Ocean Tankers which owns more than 100 cargo ships, have both filed for bankruptcy protection last Friday, which will give the companies 30 days to restructure their debt.


“The Singapore police had also announced that they have launched an investigation into Hin Leong after the group’s US$800 million oil losses,” AffinHwang Capital said in a research note today.

It added that the gap between the company’s assets and its liabilities was reportedly at US$3.34 billion.

Meanwhile, according to the latest news report, Datuk Abdul Rahman Ahmad, former chief executive officer (CEO) of Permodalan Nasional Bhd, has been tipped to be the next CEO of CIMB Group Holdings.

Quoting sources, the report said that the position has been vacant since early last month when Tengku Datuk Seri Zafrul Tengku Abdul Aziz was appointed as Finance Minister on March 9.

In response to the news, CIMB said it does not comment on reports which are speculative in nature, adding that the succession for the post was in progress and that the group would inform the market once it has material updates. — Bernama

Posted by stkoay > 2020-04-26 17:36 | Report Abuse

Agree with stockraider.
Khazanah owns 24.5%
Kumpulan Wang Persaraan owns 7%
EPF owns 14%

This funds are still buying.
I do not have any holding before but have started collecting since 1st April.....

Posted by Lucky81 > 2020-04-26 17:48 | Report Abuse

3.5 very cheap, must kolek.

Posted by mamatede > 2020-04-27 01:24 | Report Abuse

my opinion, looking this past weeks when shares have boom , cimb is stuck at this price. sentiment wise, a correction is poise soon and cimb might caught in the sentiment again. I think stay away first. rm3 will be a good point

Posted by Jeffreyteck > 2020-04-27 08:27 | Report Abuse

Est US infected number will surge up quickly to touch next level of 2 million and death toll will rise too amidst incapability of Trumpet goverment and many emphasize on human rights for movement freedom and revitalize economy as priority. Est LT positive. ST trading opportunities.

Posted by Moon1668 > 2020-04-27 11:00 | Report Abuse

WarrenPuffet, I just love you analysis!

Posted by stockraider > 2020-04-27 11:06 |

Post removed.Why?

Posted by vinvin > 2020-04-27 11:14 | Report Abuse

No way to sell! It’ s too cheap n I’m accumulating more. When got the chance to buy so cheap!!!

Posted by IvanC > 2020-04-27 12:29 | Report Abuse

Seem have support at 3.5 Expect to stay sideways until QR out, can keep some now. But if closing price below 3.47 have to cut lost

Posted by apple168 > 2020-04-27 13:24 | Report Abuse

https://www.straitstimes.com/business/banking/stancharts-troubled-loans-top-854m-to-problem-companies-including-hin-leong

Posted by WarrenPuffet > 2020-04-27 14:50 | Report Abuse

To: stockraider
If you don't believe is up to you but the wording you use shows how immature and low class person you are. I will not report you because it is useless arguing with person like you.

Posted by WarrenPuffet > 2020-04-27 14:53 | Report Abuse

To: vinvin
Well like some people already advised if you are investing for long term, it doesn't matter when you buy and is no doubt this pice is good.
But for some investors which would like to maximized capital gain which they will not buy now. You won't know what I mean but is ok, just stick to your investing style