Posted by Frederick Foo > 2020-05-15 08:03 | Report Abuse

Banks stock rebound

Posted by stockraider > 2020-05-15 08:25 | Report Abuse

Buylah...!! $$$$$$$$$$$$$$$$$$ coming mah...!!

Posted by Jason85 > 2020-05-15 08:31 | Report Abuse

Is the right time to move!! Q3 is brighter than Q2!!

Posted by biba > 2020-05-15 10:32 | Report Abuse

klci will rally back to 1900

Posted by WarrenPuffet > 2020-05-15 13:56 | Report Abuse

https://www.thestar.com.my/news/regional/2020/05/15/asian-markets-head-for-negative-end-to-tough-week#cxrecs_s
The market tension is too high. Trump is crazy, due to unable to control US outbreak... He tries to blame all to China and to make the trade war issue worsen.

Posted by WarrenPuffet > 2020-05-16 06:27 | Report Abuse

https://www.bbc.com/news/business-52684397

Posted by masterus > 2020-05-16 07:32 | Report Abuse

May 15, 2020 5:09 pm by James Politi and Kiran Stacey in Washington
The Trump administration has increased the pressure on Huawei by tightening export controls on the Chinese telecoms group and its suppliers, heightening tensions with Beijing that have flared during the coronavirus pandemic.

The US commerce department accused Huawei of continuing to use American technology in its semiconductor designs, despite having been subject to export controls since May 2019.

The move to close loopholes in those controls came at the end of a week in which the Trump administration prevented a government pension fund from investing in Chinese stocks and President Donald Trump suggested the US could “cut off the whole relationship” with China.

Posted by masterus > 2020-05-16 07:38 | Report Abuse

Australia is the most China-reliant economy in the developed world, leaving it vulnerable to blowback from Prime Minister Scott Morrison’s calls for an independent probe into the origins of the coronavirus.

Authorities in Beijing wasted little time responding. First, their ambassador warned Chinese citizens may no longer visit Down Under or choose it as the destination to educate their children. And this week, China announced an anti-dumping probe into barley exports and the suspension of meat imports from four Australian processing plants.

The big ticket items of iron ore, coal and natural gas that China needs to build and fuel its economy have so far remained unmentioned. But the barley and beef blows -- which authorities from both sides have sought to downplay -- can be interpreted as shots across the bow of Australia’s economy.

Posted by Stockwiser > 2020-05-16 16:12 | Report Abuse

https://www.chinapress.com.my/20200516/金融机构面对质量风险-亚太区信贷成本或增1-9兆/

Posted by Stockwiser > 2020-05-16 16:14 | Report Abuse

Will it drop below 3 soon?

Posted by Stockwiser > 2020-05-16 21:37 | Report Abuse

https://www.theedgemarkets.com/article/more-loans-turn-bad-malaysian-banks

Posted by stockraider > 2020-05-17 08:22 |

Post removed.Why?

Posted by RedEagle > 2020-05-17 10:33 | Report Abuse

Mukhriz stepdown from MB Kedah effected this counter?

Posted by Jeffreyteck > 2020-05-17 19:07 | Report Abuse

In another development, ....government would ensure that the country’s borders would always be protected and not breached by illegal immigrants. That's why I always believe there is no illegal immigrants. Lol.

Posted by investmalysia > 2020-05-17 19:38 | Report Abuse

Jeffreyteck, how is it related to CIMB?

Posted by Jeff5142 > 2020-05-17 21:37 | Report Abuse

Only the day foreign fund comes to Malaysia bank share price will spike.

Posted by Stockwiser > 2020-05-18 20:53 | Report Abuse

Investor now dun c a bright future in banking industry, foresee more bad debts start on October. Investor will prefer to buy oil, medical, glove, and construction. For cimb, Investor need hold quite a period already. But anyway, I think this is a good price for long term.

Posted by Stockwiser > 2020-05-18 23:17 | Report Abuse

https://www.google.com/amp/s/www.enanyang.my/news/20200518/%25E9%25A9%25AC%25E8%2582%25A1%25E6%2588%2590%25E4%25BA%25A4%25E9%2587%258F%25E9%25A6%2596%25E7%25A0%25B4%25E7%2599%25BE%25E4%25BA%25BF-br%25E4%25B8%2593%25E5%25AE%25B6%25E6%2595%25A3%25E6%2588%25B7%25E7%2583%25AD%25E6%2583%2585%25E9%259D%259E%25E6%2599%25B4%25E9%259B%25A8%25E8%25A1%25A8/amp/

Posted by CUTLOST > 2020-05-19 05:07 | Report Abuse

Going up to Rm5 after big impact on O&G counter

Posted by stockraider > 2020-05-19 08:16 | Report Abuse

Oil & gas up...should buy cimb mah....!!

No need so much provision loh...!!

Posted by mf > 2020-05-19 08:17 | Report Abuse

up

Posted by dalpinia > 2020-05-19 09:34 | Report Abuse

Can itrade pay the losses to investors

Posted by dalpinia > 2020-05-19 09:44 | Report Abuse

Is not N2N problem obviously, as other E-Trader ok, working well

Posted by Sami_Value > 2020-05-19 10:32 | Report Abuse

CGS-CIMB really shitty. after this i'm gonna migrate to another platform. Rakuten trade ok or not?

Posted by aliyusof > 2020-05-19 10:38 | Report Abuse

Wonder why, i have no problem access to itrade cimb

Posted by VietnamCoffee126 > 2020-05-19 11:41 | Report Abuse

1 or 2 more times drop
Go out makan sedap lagi bagus

Posted by kennethlkf > 2020-05-19 12:08 | Report Abuse

@Sami_Value rakuten also same hang since 9am to 9.45am, few days continuous same case. I think is because now too many new investor come in market, peak hour always slow and hang, their server tak boleh tahan. Near closing time around 4.30pm also slow respond, but still better than morning opening market time, price also can't view

Posted by aliyusof > 2020-05-19 12:13 | Report Abuse

Rakuten said few days they have young people opening accounts with them. Risk taking new investors.

Posted by Pandu1 > 2020-05-19 13:13 | Report Abuse

Whether the lending rate is high or low, Banks will still make the same profit margin. This is because, Banks has proper margin between the lending rate and the deposit rate. In addition, they also have non interest base, such as commission and service charge for remittance, loan processing etc.

Posted by Pandu1 > 2020-05-19 13:14 | Report Abuse

Hence invest wisely on Banks that has good financial performance.

Posted by Pandu1 > 2020-05-19 13:14 | Report Abuse

Such as Maybank, Rhb, H Leong etc.

Posted by investmalysia > 2020-05-19 14:05 | Report Abuse

CIMB is good as well

Posted by aliyusof > 2020-05-19 16:27 | Report Abuse

Whatever not so good news about cimb reportef in papers, seem all factored in, quite firm around current price.

Posted by stkoay > 2020-05-19 18:12 | Report Abuse

https://www.cnbc.com/2020/05/18/dividend-rich-bank-stocks-are-late-to-the-rally-but-their-bounce-may-be-a-good-sign-for-market.html

Mike Mayo, Wells Fargo banking analyst, said there was also positive news for the group, when Warren Buffett’s Berkshire Hathaway disclosed that its holdings continue to be heavily in banks, even though it sold a large chunk of a long-held stake in Goldman Sachs and shed some of its JPMorgan stock.

“Buffett still has basically his biggest investment in history in the banks. That’s quite a statement. He’s not afraid to bail when something’s not going the way it should. The best investor of all time has his biggest investment ever, less 3%, in banks. Maybe he knows something the market is missing,” Mayo told CNBC in an email.

Mayo notes that Buffett’s holdings remain in Bank of America, Bank of New York Mellon, and M&T Bank. Berkshire also built higher stakes in PNC and U.S. Bancorp, Mayo added.

Posted by stkoay > 2020-05-19 18:22 | Report Abuse

https://www.theedgemarkets.com/article/indonesia-surprises-holding-key-rate-amid-volatile-market

Posted by Jeffreyteck > 2020-05-20 12:56 | Report Abuse

Believe still room for heading south. Profit margin while remains the same, absolute profit will drop assuming non performing loans remains status quo. Under current environment, NPL is set to rise.
Priced in all negative? Buy now.
Haven't priced in? Be patient then unless can afford to average down.

Posted by roshazli > 2020-05-20 16:07 | Report Abuse

Restrukturisasi kredit perbankan di masa pandemi
https://www.youtube.com/watch?v=1ncWBG5niWQ

Posted by WarrenPuffet > 2020-05-20 18:35 | Report Abuse

https://www.bbc.com/news/business-52733706

Posted by stkoay > 2020-05-20 21:30 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488500_2738761869.jsp

EPF continues to accumulate......owns 1.5B shares as at 6th May 2020.

Posted by stkoay > 2020-05-20 21:33 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488508_2738761856.jsp

KWAP also continues to accumulate......owns 700M shares as at 6th May 2020.

Posted by stkoay > 2020-05-20 23:12 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488506_2738761859.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488507_2738761858.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488510_2738761818.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488504_2738761863.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488503_2738761864.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488509_2738761854.jsp

Posted by investmalysia > 2020-05-21 09:26 | Report Abuse

Gtrade, no need to make noise here. If you don’t like just switch broker. Anyway brokerage is Min RM8 per trade only. Wont affect CIMB much

Posted by aliyusof > 2020-05-21 11:18 | Report Abuse

Gtrade, try to shut down phone n restart. Sometimes this works for me. So far so good. Understand your frustration with it. Cheer

Posted by stkoay > 2020-05-21 11:39 | Report Abuse

Posted by investmalysia > May 21, 2020 9:26 AM | Report Abuse

Gtrade, no need to make noise here. If you don’t like just switch broker. Anyway brokerage is Min RM8 per trade only. Wont affect CIMB much.

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Correct correct correct.....Just Switch Broker, CIMB will not miss you.

Posted by JBond007 > 2020-05-21 11:41 | Report Abuse

Awaken of a sleeping giant? Wow, highest today 3.57.

Posted by stkoay > 2020-05-21 12:16 | Report Abuse

https://www.theedgemarkets.com/article/malaysian-banks-remain-robust-facing-covid19-headwind-sp

Malaysian banks are quite robust with a clear position of strength in facing the bump of the COVID-19 crisis and are seen better placed compared with their regional peers, said S&P Global Ratings.

Among banks under its coverage, S&P Ratings had given A rating with stable outlook for Public Bank and A- with stable outlook for Maybank and CIMB which were on par or higher than sovereign rating of Malaysia which is at A-, and believes that the Government is highly supportive of the banking industry.

“The banks enjoyed 2 to 3 notches of stand-alone credit profile (SACP) protection. Therefore, at this juncture the rating downgrade is very unlikely, given the current scenario,” she noted.

Posted by stkoay > 2020-05-21 14:44 | Report Abuse

https://www.theedgemarkets.com/article/maybank-1q-net-profit-rm205b-revenue-climbs-rm1322b

Posted by investmalysia > 2020-05-21 16:06 | Report Abuse

When all these bad news/virus gone, CIMB will rock

Posted by investmalysia > 2020-05-21 16:07 | Report Abuse

Better collect now. I’ve been collecting since March.

Posted by BATFLY > 2020-05-21 16:55 | Report Abuse

Mid to long term stock..