Posted by mamatede > 2020-04-30 00:30 | Report Abuse

guess with these positive sentiment the lowest might be only rm3.1

Posted by JBond007 > 2020-04-30 06:21 | Report Abuse

The timing to buy should be next week Tue & Wed (5 ~ 6 May).
When the OPR cut is announced.
Stand at sideline for another 3 trading days.
If u r holding any banking shares, just hold it, don't do anything.

Posted by apple168 > 2020-04-30 08:21 | Report Abuse

Maybank: Hyflux
Cimb: Hin Leong
Expecting more to come...
Set side line, cut loss level...
even without IDSS, CIMB share price still crash...
With IDSS, less than 1.5....

Posted by Keyman188 > 2020-04-30 08:25 | Report Abuse

@apple168...faster call up all group help you to pressure lahhh......

I also want to bet in lahhh.......

Seem like you not enough power to pressure......

Every time you spread bad new then the stock move opposite direction & up......

Aiyo......kuat sikit.......持续坚持......

Posted by BullRUN2021 > 2020-04-30 09:16 | Report Abuse

Go look at the major shareholders of CIMB, they are mostly institutions. Oil price crashed already priced in. Find a new story.

Posted by BullRUN2021 > 2020-04-30 09:21 | Report Abuse

Also buy while you can, this kind of discount dont come around often.

Posted by Longterminvestorr > 2020-04-30 09:26 | Report Abuse

Lower OPR, hin leong all old news, alr priced in but thanks to that drop 10% from 3.77 which is a good buy yesterday thanks to panic selling

Posted by BullRUN2021 > 2020-04-30 09:29 | Report Abuse

Btw thanks KLCI King, but I stand firm with my choice. Low downside, huge upside. I'm betting on Malaysia picking back up their economy in the mid-long term. CIMB may not recover in the short term but a cheap stock to bet for the mid term.

Posted by signalmw > 2020-04-30 09:43 | Report Abuse

Haha not down

Posted by signalmw > 2020-04-30 09:43 | Report Abuse

All in

Posted by WarrenPuffet > 2020-04-30 11:27 | Report Abuse

https://www.thestar.com.my/news/nation/2020/04/30/g-city-club-hotel-shuts-down-after-10-years-in-business#cxrecs_s

Another Business revealed bankruptcy not even MCO over. It is just one or two days market rebound, don't overjoyed yourself. Just wait for more to come.

Posted by chanjinone > 2020-04-30 13:06 | Report Abuse

Uptrend . Big homies are buying

Posted by stkoay > 2020-04-30 14:57 | Report Abuse

https://www.cnbc.com/2020/04/30/singapores-dbs-earnings-q1-2020.html

Posted by stkoay > 2020-04-30 15:23 | Report Abuse

https://www.cnbc.com/2020/04/30/ubs-worlds-wealthiest-sticking-with-stocks-despite-coronavirus-crisis.html

Posted by Puvaneshwaran Karupaya > 2020-04-30 17:51 | Report Abuse

HELLO GOBIND

Posted by darknight777 > 2020-04-30 18:05 | Report Abuse

still can buy....better return than putting your money in your cimb fd.lol

Posted by Longterminvestorr > 2020-04-30 20:30 | Report Abuse

Interest charges to be introduced to fixed-rate loans/financing

The press release further hints that it is opening the doors for banking institutions to tweak the terms of each borrower’s loan/financing agreements during the bank moratorium. In the press release, BNM states that:

Banking institutions will also provide to each borrower/customer specific details of changes to the terms of his/her HP loan or fixed rate Islamic financing agreement. This should contain information on the revised payment schedule and any changes to payment amounts, including those arising from normal interest/profit rate accrued during the moratorium.

Given that the original moratorium agreement saw no changes to the payment terms for fixed-rate loans and financing, the excerpt above greatly implies that this will no longer be the case.


The ABM has also released a statement today, confirming changes to the moratorium agreement. According to ABM, banking institutions will provide borrowers with two options at the end of the moratorium:

Pay the accumulated 6 months’ deferred instalments together with their October 2020 instalment without being charged any additional interest; or
Continue the repayment of these instalments post-October 2020 through an extension of 6 months in repayment period after the original maturity date. In this case, interest based on the contractual rate will be charged on the amount of the deferred instalments that remains outstanding until these instalments are fully repaid, which should be by the end of the extended 6-month tenure.
Obviously, in the first option, there is no additional interest to be charged, and the repayment terms and schedule remains the same as before. However, borrowers will need to fork out seven months’ worth of instalment in October 2020 (six months from April to September 2020, and October 2020).

For the second option, borrowers will see interest charged to the six monthly instalments that were deferred throughout the remainder of the tenure, and the tenure will be extended by six months. This will mean borrowers will see an increase in their monthly instalments from October 2020.

No penalty for those who wish to opt out of deferment from May 2020
BNM also stressed that there will be no penalties for borrowers who have already deferred their loan repayments, and wish to opt out of the moratorium. According to the central bank, borrowers simply need to inform their banking institutions that they wish to resume their scheduled payments following the existing agreement.

Posted by addy > 2020-05-01 11:18 | Report Abuse

hinlong impact earning cimb

Posted by mf > 2020-05-01 17:35 | Report Abuse

Dow futures fall more than 400 points after Wall Street wraps up best month in three decades

Posted by leelc99 > 2020-05-01 17:36 | Report Abuse

No RM3 no buy.

Posted by leelc99 > 2020-05-01 17:36 | Report Abuse

Monday wait drop

Posted by Frederick Foo > 2020-05-01 21:17 | Report Abuse

MOnday up, 4/5 most of the business can start operation already

Posted by Stockhunter88 > 2020-05-01 21:49 | Report Abuse

Monday is going to drop due to vague mco ease, repercussion on moratorium, and over bought on last Friday

Posted by kl_guy > 2020-05-01 22:18 | Report Abuse

stockhunter88,
Which chart is showing over bought , mind to share?
Monday all banking will move up bcos uturn on the moratorium which positive to bank.

Posted by laundryboy > 2020-05-02 09:32 | Report Abuse

OPR will be announced on 5/5/2020 , We shall wait then .. hehe

Posted by kl_guy > 2020-05-02 10:19 | Report Abuse

laundryboy, what happen if interest rate reduce too deep.
what happen ? goreng property again .

Posted by Jeffreyteck > 2020-05-02 11:10 | Report Abuse

Bank N clears air over HP loans.... highly paid people are rarely understand those poors' situations. Prefer unmerged banking institution those days. Merged creates higher income discrepancies with lesser jobs opportunities including number of ceos, and less options for consumers.

Posted by iHunter > 2020-05-03 10:40 | Report Abuse

Surprisingly, people still talk about what everybody else already know. Everybody know that CIMB will be reporting negative revenue and losses in a few upcoming quarters. Of course, we also know that we can forget about dividend for this year. What you expect if you still have to pay all the operations cost including salary but negative revenue.

But we know that this counter will recover in 2022 if not as early as end 2021. Buy it for investment and you will get a good return in 2022. Business owners will start borrow more and will be more income to this bank after 2021.

Posted by stkoay > 2020-05-03 15:24 | Report Abuse

It will probably be lower revenue and lower profit.....not negative revenue and losses.

During the conference call on 28th April, management is still holding to a 40-60% dividend payout guidance.

https://klse.i3investor.com/servlets/ptres/55028.jsp

Posted by boocjin > 2020-05-03 22:15 | Report Abuse

anybody knows where and how to check the TnG valuation when 1) CIMB purchases TnG shares from MTD and PLUS in July and Oct 2019 and 2) CIMB subscribe to the first and second tranche of the Capital Call?

Posted by CUTLOST > 2020-05-03 22:43 | Report Abuse

No worries.. Will up abv Rm6 later on..

Posted by Alibaba008 > 2020-05-03 22:58 | Report Abuse

can I buy now?

Posted by kigen82 > 2020-05-03 23:17 | Report Abuse

Potential loss of RM1b due to loan impairment from OIl & Gas bankruptcy : https://klse.i3investor.com/blogs/sinchew_company_story/2020-04-30-story-h1506820864.jsp

Posted by investmalysia > 2020-05-04 11:12 | Report Abuse

Gtrade, releasing your anger towards the share? It won’t help. You’re small fish only.

Posted by mf > 2020-05-04 12:57 | Report Abuse

Hong Kong falls nearly 4% as US-China tensions weigh on investor sentiment

Posted by apple168 > 2020-05-04 13:30 | Report Abuse

Warren buffet also fearful on current share market!
He is holding cash now... By buying share now, meaning you are going against the world most brilliant investor, warren buffet! Do you think you are better than Warren buffet?

Posted by stkoay > 2020-05-04 13:58 | Report Abuse

Why is the "non investor" so concerned about whether other ppl buy or not???

Posted by greenberg > 2020-05-04 15:13 | Report Abuse

I hate people used CAP lock wrote. No demeanour. Am I right!

Posted by mf > 2020-05-04 17:59 | Report Abuse

Dow futures fall more than 200 points amid concerns over reopening the economy

Posted by masterus > 2020-05-05 06:46 | Report Abuse

Fitch Solutions has lowered its forecast for the Singapore dollar's 2020 average exchange rate to $1.425 per US dollar, from its previous average forecast of $1.385, in the light of the Covid-19 crisis.

The market insights firm yesterday said the currency has "clear prospects of sustained weakness" over the course of this year, given that the risks posed by the coronavirus pandemic are likely to persist through most of the year.

Posted by Jason85 > 2020-05-05 10:31 | Report Abuse

Time for Cimb to fly off..

Posted by rijack88 > 2020-05-05 10:41 | Report Abuse

CIMB or BIMB?

Posted by pandarian > 2020-05-05 13:14 | Report Abuse

OPR cut by 0.5% so can get it at better price just hold on tide

Posted by Keyman188 > 2020-05-05 15:13 | Report Abuse

Bank Negara's Monetary Policy Committee has decided to cut OPR by 50bps to 2%

(theedgemarkets.com May 05, 2020 15:01 pm +08)

Bank Negara Malaysia's Monetary Policy Committee has decided to cut the overnight policy rate by 50bps to 2%.

##https://www.theedgemarkets.com/article/bank-negaras-monetary-policy-committee-has-decided-cut-opr-50bps-2

Posted by stkoay > 2020-05-05 17:51 | Report Abuse

https://www.nst.com.my/business/2020/05/590076/rm16bil-additional-liquidity-bank-negara-relaxes-srr

Posted by Neut_ron1 > 2020-05-05 19:09 | Report Abuse

CIMB will follow soon PBB & MayBank... just wait ..it is a reputable bank in Malaysia & has presence in SEA countries.....

Posted by JBond007 > 2020-05-05 19:23 | Report Abuse

OPR cut but share price remain.
It's the base already...........anyone want to buy, can queuing in between 3.38 ~ 3.45.

Posted by lip1022 > 2020-05-05 19:37 | Report Abuse

What happen if you Invest Rm5,000 in Malaysia banking sector on (2010-2020)
https://youtu.be/ebsOR8JZnrk

Posted by WarrenPuffet > 2020-05-05 21:33 | Report Abuse

https://www.thestar.com.my/news/regional/2020/05/05/bankruptcies-related-to-covid-19-outbreak-surge-in-japan#cxrecs_s
More bankruptcy revealed, not only Malaysia but globally. Just Japan alone 100+ SME closed down, imagine how serious this virus caused and it is not even end yet.

Posted by Jeffreyteck > 2020-05-06 07:17 | Report Abuse

While covid is far from eliminated, political tussel is expected to become more excited, first wave is just to show power play by states on opening up economy activities. Always like this country as many just can't wait to serve rakyat better. We are blessed.