Posted by BearishTrend > 2020-07-01 17:22 | Report Abuse

still hovering at that price

Posted by dlau8899 > 2020-07-02 13:29 | Report Abuse

Going up 3.80 as soon

Posted by vicvercam > 2020-07-02 13:41 | Report Abuse

Tomorrow back to 3.50

Posted by Gunplakk > 2020-07-02 17:19 | Report Abuse

if US up tonight, chances are it will be another green day tomorrow.

Posted by JBond007 > 2020-07-02 17:44 | Report Abuse

Aiyo...who push the shares up so fast?
All ikan bilis still waiting below 3.50 lah.

Posted by stanleysew > 2020-07-02 18:06 | Report Abuse

Rm4 coming

Posted by stkoay > 2020-07-02 20:11 | Report Abuse

Ha ha.....it's better for billis to go play play penny stocks...
Banks are for fund seeking a place to park long term for its' dividend.

Posted by vicvercam > 2020-07-02 20:17 | Report Abuse

Rm3 coming

Posted by investortrader88 > 2020-07-02 21:24 | Report Abuse

keep it up Cimb. !

Posted by aliyusof > 2020-07-03 05:33 | Report Abuse

Electricity bill discount period extended till December

https://www.freemalaysiatoday.com/category/nation/2020/07/02/electricity-bill-discount-period-extended-till-december/

Posted by aliyusof > 2020-07-03 05:37 | Report Abuse

Loan moratorium may possibly be extended come September. TNB and banks doing CSR work at expense of shareholders.

Posted by CakapSohaiThings > 2020-07-03 11:19 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/07/03/malaysias...

Looks like we only have another 5 months to collect discounted stocks. Banking stocks will rally like how they did during the last crisis from March 2009 to 2011 after the QE in Nov 2008 like what DeepInvestor said.

Posted by CakapSohaiThings > 2020-07-03 11:21 | Report Abuse

Hope it drops [like how our infamous bomoh apanama predicted (3.00), but very unlikely :( ]. I just want to buy more at discounted price every month when I receive my paycheck as it is the blue chip banking stock with most upside with the economy slowly recovering.

Posted by aliyusof > 2020-07-03 15:02 | Report Abuse

https://www.theedgemarkets.com/article/bnm-seen-cutting-key-rate-again-pandemic-persists?type=malaysia

Posted by stkoay > 2020-07-03 15:59 | Report Abuse

https://www.malaymail.com/news/malaysia/2020/06/06/malaysia-to-double-deficit-to-fund-stimulus-says-finance-minister/1873091

The 46-year-old said there was no immediate need for the central bank to cut its key interest rate further from its decade low of 2 per cent, “given the liquidity in the country and given where the currency is going and where we are we as an economy”.

Bank Negara Malaysia’s monetary policy committee next meets on July 7, and some analysts have predicted another cut. — Reuters

Posted by CakapSohaiThings > 2020-07-03 16:15 | Report Abuse

05 May 2020 (Tuesday) BNM cut the opr by 50 basis points. Did the share price drop? No because most FD at that time was expiring in June 2020.

Read that somewhere sometime ago

Posted by leslieroycarter > 2020-07-03 17:12 | Report Abuse

Rumour that cimb going to take over PB or Hong Leong , can someone confirm?

Posted by dhnn81 > 2020-07-03 17:43 | Report Abuse

How to take over. All banks have no money now. Soon they are going to retrench lots of employees. S&P downgraded all the banks in Malaysia already. MOC has already caused lots of non performing loans.

Posted by simple123 > 2020-07-03 17:55 | Report Abuse

not the time to buy bank stocks

Posted by stkoay > 2020-07-03 18:37 | Report Abuse

Ha ha.....when everyone knows it's time to buy....price will be high liao.

Simple winning formula....be greedy when others are fearful.

Posted by stkoay > 2020-07-03 18:51 | Report Abuse

https://www.freemalaysiatoday.com/category/bahasa/2020/07/03/bnm-moratorium-pinjaman-mungkin-tidak-dilanjut/

BNM: Moratorium pinjaman mungkin tidak dilanjut

Posted by apanama > 2020-07-03 21:06 | Report Abuse

Once interest rate cut.. All banking stocks kena pancung.. No rush to buy banking stocks.. RM 3. 20 and below for CIMB.

CIMB if merger happen.. It will merge with Maybank. Apek bank like Hong Leong n Public Bank dont interested with gomen bank kekekekeke

Posted by aliyusof > 2020-07-04 12:13 | Report Abuse

https://www.theedgemarkets.com/article/mtuc-bnm-mof-compel-banks-extend-moratorium-or-see-record-forfeitures?type=malaysia

Posted by aliyusof > 2020-07-04 12:19 | Report Abuse

Massive bankrupticies or foreclosures will happen after Sept or delayed to take place even if moratorium is extended. Banks will see massive bad debts from individuals and SME. Banks have also massive exposure to oil and gas sector which will be in trouble if oil price remains low for extended period. Covid 19 causes big havoc here n worldwide.

Posted by aliyusof > 2020-07-04 12:22 | Report Abuse

Rumour about bank mergers surfaced before. Hong Leong and Public Bank are honestly much better managed solid banks which are unlikely want to get involved with GLCs. Airsia is too scared of merger with MAS...their corporate DNA are completeky incompatible.

Posted by atmw81 > 2020-07-05 10:20 | Report Abuse

https://www.reuters.com/article/us-singapore-oil-hontop-cimb-group-hldg-idUSKBN2450TB hmm another bad news exposed for cimb beside Hin Leong case. Another $100+ million case

Posted by atmw81 > 2020-07-05 10:21 | Report Abuse

Anyone heard of Hontop from China Wanda Group before?

Posted by aliyusof > 2020-07-05 11:01 | Report Abuse

https://www.straitstimes.com/business/companies-markets/chinese-oil-trader-hontop-energy-goes-into-receivership-in-singapore

Posted by mbge7clt > 2020-07-05 11:04 | Report Abuse

any exposure to CIMB?

Posted by aliyusof > 2020-07-05 11:05 | Report Abuse

Seems has also massive exposure to loans to local oil and gas companies in financial distress. Hope new CEO can clean up mess left by previous one.

Posted by aliyusof > 2020-07-05 11:08 | Report Abuse

Usd 102 m for Hontop and usd 125m for Hin Leong. Published news. OMG

Posted by pontianak > 2020-07-05 11:15 | Report Abuse

2 ringgit on the way, wakakakaka

Posted by aliyusof > 2020-07-05 11:34 | Report Abuse

Above two also under authorities investigaions. Look like usd225m burnt.

Posted by JBond007 > 2020-07-05 11:41 | Report Abuse

Yes, blow more water so that it can limit down tomorrow........

Posted by Goldgent > 2020-07-05 11:44 | Report Abuse

Get ready the fishing rod & bottom fishing below 3.

Posted by atmw81 > 2020-07-05 12:38 | Report Abuse

Indeed bad but cimb have epf support, last 3 days all gap up before closing.

Posted by atmw81 > 2020-07-05 12:40 | Report Abuse

If limit down, all in ba

Posted by atmw81 > 2020-07-05 13:38 | Report Abuse

Good to hear that is already factored in.

Posted by riko > 2020-07-05 14:27 | Report Abuse

cold water for ... sohai...

Posted by mbge7clt > 2020-07-05 15:20 | Report Abuse

https://www.theedgemarkets.com/article/cimb-alleges-suspicious-hontop-energy-oil-deals-bpaffidavit

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

Unbelievable, seems Hontop Energy (Chinese oil wheeler dealers) have conned CIMB out of another US$100 million!
Seems CIMB is being run by pumpkins. Head pumpkin must take responsibility and resign.

Posted by melanie1818181818 > 2020-07-05 20:37 | Report Abuse

Ad reported by management before releasing quarter, hontop and hinleong. These are the two problematic loans which require full provision about 1b, The former has been impaired in last quarter 430m. Now the legal suit is to try recover at least something from someone, actually something positive because any recovery can reverse the provisions made, which is a gain

Posted by Jason85 > 2020-07-05 21:41 | Report Abuse

Another Pokai O

Posted by Jason85 > 2020-07-05 21:42 | Report Abuse

Pokai Oil And Gas company troubling CIMB I means

Posted by CUTLOST > 2020-07-06 00:04 | Report Abuse

No worries.. Going up above Rm5 next year

Posted by getingreal > 2020-07-06 08:57 | Report Abuse

Hope MACC is looking at how these companies were able to borrow so much with Due D sadly lacking.

Posted by apanama > 2020-07-06 09:30 | Report Abuse

Sell Sell Sell...RM 3.20 and below is good buy for this Chinese Indian Malay Bank (CIMB)..beyond than that is profit taking..

Posted by AdamK733 > 2020-07-06 09:32 | Report Abuse

cimb is so undervalue compare to mbb n pbb

Posted by Jason85 > 2020-07-06 16:53 | Report Abuse

Hold

Posted by DChosen2 > 2020-07-06 17:15 | Report Abuse

Better park my money at MBB or PBB, like getingreal says, a company lead by pumpkins, sure back holland.