Posted by BATFLY > 2020-06-02 12:48 | Report Abuse

TA research house maintained its stand.. SELL SELL all banks stock due gloomy economy ahead plus bad loans expecyed tp increase

Posted by aliyusof > 2020-06-02 16:56 | Report Abuse

Price holding on quite well.

Posted by stkoay > 2020-06-02 18:11 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/1023/02-Jun-2020/489436_401792748.jsp

EPF continues to accumulate, now own 16.05% as at 12-5-20



https://klse.i3investor.com/insider/substantialShareholder/1023/02-Jun-2020/489437_401792750.jsp

KWAP also continues to accumulate.

Posted by investmalysia > 2020-06-02 18:21 | Report Abuse

As I said, just hold until reach RM7, down we buy again

Posted by bananadesk > 2020-06-02 20:22 | Report Abuse

run b4 too late

Posted by 123eztrade > 2020-06-02 20:24 | Report Abuse

worst ever bank..always take high risk profile loans....most greedy banker in town

Posted by stkoay > 2020-06-02 21:28 | Report Abuse

https://www.theedgemarkets.com/article/banks-seek-concessions-help-ease-hire-purchase-pain

Posted by investmalysia > 2020-06-02 21:55 | Report Abuse

123eztrade, do you know CIMB was in Forbes Global 2000 list? I suggest you go and read more

Posted by Teosoontong > 2020-06-02 22:05 | Report Abuse

Cimb obviously is not best in class , but it doesn’t belong to RM3 company, mid-long term it will slowly climb back to where it belong. With the new CEO I expect the recovery process will be expedited. Compared to other bank it has higher upside opportunity

Posted by pari57 > 2020-06-02 22:08 | Report Abuse

123eztrade... u semua kaunter mau bikin kacau apasal ha

Posted by stkoay > 2020-06-02 22:28 | Report Abuse

....sebab dia tarak duit beli......

Posted by melanie1818181818 > 2020-06-02 23:12 | Report Abuse

Poor coming quarters have been priced in the single digit PE, possibility of poor asset quality is reflected by historical low PB, share market moves at least 6 months ahead

Posted by aliyusof > 2020-06-03 06:03 | Report Abuse

Melanie..correct. share market can move even 6 to 12 months ahead. Surely for mid and long term hold to let recovery process take place.

Posted by Jason85 > 2020-06-03 09:59 | Report Abuse

Moving up!!

Posted by investortrader88 > 2020-06-03 10:18 | Report Abuse

klci bull chip bull run.keep it up Cimb!

Posted by miracledan > 2020-06-03 11:01 | Report Abuse

Time to invest back into bank shares

Posted by investmalysia > 2020-06-03 14:13 | Report Abuse

Singaporean protest against CIMB

Posted by investmalysia > 2020-06-03 14:48 | Report Abuse

Wow CIMB fly, congrats those who follow me. All the best for those who sold earlier at lost/slight profit. This is a lesson for you guys

Posted by pharker > 2020-06-03 15:37 | Report Abuse

Which commercial banks has the lowest HP car loan exposure..and least modification loss ?

Posted by miracledan > 2020-06-03 16:10 | Report Abuse

Banking industry starting to kick in

Posted by NewbiesJC > 2020-06-03 16:14 | Report Abuse

Bank still the safest place to grow wealth

Posted by Jason85 > 2020-06-03 16:23 | Report Abuse

All the way already thanks for the trust to the CIMB

Posted by aliyusof > 2020-06-03 16:42 | Report Abuse

All bank stocks up and up

Posted by BATFLY > 2020-06-03 20:40 | Report Abuse

https://www.theedgemarkets.com/article/cimb-see-spike-provisions-og-indonesian-bank

Posted by BATFLY > 2020-06-03 20:42 | Report Abuse

A sensitivity analysis — which assumes a hypothetical 100% loan loss coverage against the O&G impaired loans — done by Maybank Investment Bank Research in March for banks under its coverage saw negligible impacts on Alliance Bank Bhd, AMMB Holdings Bhd, Hong Leong Bank Bhd and Public Bank Bhd. However, additional provisions could amount to a 15% impact on the research house’s FY2020 forecast of CIMB Group’s net profits and a 10% impact on its FY2020 net profit forecast for RHB Bank Bhd (see table).

Malayan Banking Group Bhd (Maybank) was not part of the analysis. Nevertheless, in terms of exposure to O&G loans, the group has the highest percentage at 2.8% of total loans, followed by RHB (2.4%) and CIMB (2.3%).

However, in terms of the status of its O&G borrowers, according to the research house, CIMB is estimated to have the highest percentage of gross impaired loans at 30% (RM2.55 billion), followed by RHB at 23% (RM966 million) and Maybank at 17% (RM2.48 billion).

Posted by BATFLY > 2020-06-03 20:44 | Report Abuse

Agreed Banks are still safer to invest as compared to, Gloves counter.. If given a choice we will choose Banks with less Bad Loans..

Posted by Teosoontong > 2020-06-03 21:39 | Report Abuse

U can choose other bank with less bad loan with limited upside, but I’ll bet on the CIMB on mid - long term recovery, it doesn’t belong to rm3 club

Posted by leslieroycarter > 2020-06-03 22:37 | Report Abuse

When market improves , banking stocks shall rise in tandem.

Posted by stkoay > 2020-06-03 22:38 | Report Abuse

US Financial index is now up more than 3%

Posted by NewbiesJC > 2020-06-04 01:22 | Report Abuse

Seems like market confidence is back.

Posted by greedy44444 > 2020-06-04 01:36 | Report Abuse

Tomorrow is property stocks turn...watch out !

Posted by Johnng8882020 > 2020-06-04 02:29 | Report Abuse

Park ur money to PBB and HLB better return than here

Posted by aliyusof > 2020-06-04 05:46 | Report Abuse

Pbb and Hong Leong...pricey

Posted by aliyusof > 2020-06-04 05:56 | Report Abuse

https://www.nst.com.my/business/2020/05/590048/four-banks-will-be-negative-due-highest-hp-loans-exposure

Posted by tkl88 > 2020-06-04 06:57 | Report Abuse

Wow, Amazing !
Dow Jones closed at=> 26,269.89 (+527.24) (+2.05%) !

Posted by tkl88 > 2020-06-04 06:57 | Report Abuse

World economy reopen and now is the start of the world bullish market including Malaysia !

Huat ah ! Heng ah ! Ong ah !

Posted by Rakuten88 > 2020-06-04 08:33 | Report Abuse

Hopefully can break 4 today

Posted by investmalysia > 2020-06-04 08:39 | Report Abuse

Definitely will break 4. Just a matter of time. Be patience. We target RM7

Posted by ATARAH > 2020-06-04 08:49 | Report Abuse

Excellent counter ..

Posted by DannyArcher > 2020-06-04 09:22 | Report Abuse

Banks seek concessions to help ease hire purchase pain [ The Edge ]

"BANKS, expected to take a hit from not being able to impose additional charges for hire purchase (HP) instalments that are deferred over the six-month moratorium period, are in talks with Bank Negara Malaysia and the Ministry of Finance (MoF) on some options to help mitigate the impact, sources say."

Big Sharks unloading overpriced stock to Ikan Billis, Becareful. Dont do stupid. Dont use margin to play. 30 June is when short selling comes back. Becareful and never ever ever use margin. Dont get trapped.

Posted by JacLow > 2020-06-04 09:32 | Report Abuse

Maybank and pbb are jumping..but thisnold man slowly climbing up

Posted by leslieroycarter > 2020-06-04 09:35 | Report Abuse

Finance counter with PE 10 but Topglov PE 100 n Supermix PE 70.In this turbulent market better bet safe than regret later.

Posted by investmalysia > 2020-06-04 10:12 | Report Abuse

Go for the bank. Wont get it wrong. But need to buy some gloves also la Kiki

Posted by Jason85 > 2020-06-04 11:36 | Report Abuse

Too undervalued compare to others.. PE shall go to 9 at least and stable at RM4.5 before next breakout

Posted by investmalysia > 2020-06-04 12:53 | Report Abuse

Yeap. I believe banks earn a lot from glove Sell down yesterday

Posted by investmalysia > 2020-06-04 17:30 | Report Abuse

Bankers always win

Posted by stkoay > 2020-06-04 20:42 | Report Abuse

Look at the latest disclosure, EPF has been accumulating almost on a daily basis.

Posted by Jason85 > 2020-06-04 21:09 | Report Abuse

Means uptrend this and next weeks if big player accumulating

Posted by Hidup_Anwar > 2020-06-05 11:38 | Report Abuse

Why rakyat must lose? What for PH won GE14?

investmalysia Bankers always win
04/06/2020 5:30 PM

Posted by Hidup_Anwar > 2020-06-05 11:41 | Report Abuse

Ex CEO did some good as MOF. Perhaps offer him CEO under CIMB-Maybank merger?