Posted by Kian Leong Lim > 2014-10-10 08:58 | Report Abuse

If you don't know how to do business, you will remain a poor person forever, who are you to blame?

Posted by kc3255ck > 2014-10-10 09:32 |

Post removed.Why?

Posted by AhMoi > 2014-10-10 09:33 | Report Abuse

Posted by AhMoi > Oct 10, 2014 08:30 AM | Report Abuse X

Be careful market has never accorded RHB that kind of valuation ie 10+

It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???



Posted by AhMoi > Oct 10, 2014 09:16 AM | Report Abuse X

Say, A's market value as accorded by the market all this while is 300k,
B's 100k

Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k

And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...

Posted by tai yee > 2014-10-10 09:33 | Report Abuse

Just wondering, If RHBcap is the bigger loser, why MBSB and RHBcap 's prices increase but CIMB reduce?

Posted by KL Liew > 2014-10-10 09:38 | Report Abuse

RHB MBSB Up so much , CIMB die Hard ! Why !?

Posted by ruskymee > 2014-10-10 09:46 | Report Abuse

Logic thinking, CIMB share price should at least maintain at RM7.20+ or much higher in order for the share swap to be seen as a "good deal" in the eyes of the RHB & MBSB shareholders!!!

Posted by ruskymee > 2014-10-10 09:55 | Report Abuse

Unless there is a shareholder in CIMB holding a "fair block of shares" is dumping. It will rebound until the dumping stops....Really got to be patient and just watch...

Posted by mfaizalm80 > 2014-10-10 10:06 | Report Abuse

psd57 and abu aufa, we downgraded cimb...recommend strongly sell....tp6.07-6.30...accumulate if reach this price.....sell cimb

Posted by redbean > 2014-10-10 10:20 | Report Abuse

Is it time to buy CIMB now? Why drop so low?

Posted by mfaizalm80 > 2014-10-10 10:31 | Report Abuse

psd57 and abu aufa, the fair value of cimb within the range of rm5.70-6.00 only. not more than that. cimb will pose lower profit in next quarter. that is the reason why cimb want to acquire or merge with rhb and mbsb.. their net profit is fast eroding...our recommendation is strongly sell..accumulate if price reach 6.07-6.30..gdd luck....sell

Posted by ruskymee > 2014-10-10 10:48 | Report Abuse

The recent DRS (Dividend Reinvestment Scheme) issue price is at RM6.78 per share. So, decision to buy or not to buy at the moment is up to individual to decide based on our risk appetite and availability of funds.

Posted by vinvin > 2014-10-10 12:18 | Report Abuse

Bought some at 6.76 n 6.77 ...........................

Posted by Patrick Ngian > 2014-10-10 12:33 | Report Abuse

As I mentioned b4, Coz CIMB will issue new share to buy a premium of RHB Islamic bank. RHB is valued at higher (10.028) share swap deal with CIMB. 1 for 1.38 cimb share. RHB don't lose much coz current share price is low . But Cimb lose out for this deal short term, unless market believe there is synergy in the merger. Mbsb is the safest bet as involve in cash deal. buy mbsb if deal succeed price will reach 2.82.

Posted by KL Liew > 2014-10-10 13:02 | Report Abuse

stupid merger

Posted by vinvin > 2014-10-10 13:09 | Report Abuse

EPF should not be given voting rights n CIMB minorities should vote "No" to the merger for the benefit of CIMB shareholders. This is my opinion only. Trade at own risk

Posted by Patrick Ngian > 2014-10-10 13:21 | Report Abuse

EPF is in conflict of interest to vote.. as they have shares in this three companies. should let minority shareholder to vote... but who knows.. this is boleh land.. everything is possible..

Posted by rlch > 2014-10-10 13:43 | Report Abuse

Bought today RM6.71. Merger is short term pain long term gain.

Posted by mbge7clt > 2014-10-10 13:47 | Report Abuse

then no need to subscribe to DRF? cheaper to buy at market price now.

Posted by vinvin > 2014-10-10 15:15 | Report Abuse

Today bought a total of 7,000 units at 6.77, 6.76 n 6.71.............hope it's a good buy!!!!!!

Posted by mbge7clt > 2014-10-10 15:30 | Report Abuse

the deal mentions cimb will be delisted. anyone know it is via capital payment and what price?

Posted by KL Liew > 2014-10-10 15:34 | Report Abuse

i bought at RM7 before ...... vomit blood

Posted by mbge7clt > 2014-10-10 15:41 | Report Abuse

seems this deal is value destructive ... who is selling?

Posted by countryman > 2014-10-10 15:42 | Report Abuse

Crap. Bought b4 dividend. 7.10. Does it mean v will get 70% of each new share of d enlarged entity?

Posted by countryman > 2014-10-10 15:43 | Report Abuse

I got 20k shares. Shit!

Posted by mbge7clt > 2014-10-10 15:45 | Report Abuse

the deal is complex, can somebody shed some light? it mentions cimb will be delisted.

Posted by KL Liew > 2014-10-10 15:48 | Report Abuse

i got 35k share at RM7 . Bleeding !!!

Posted by KL Liew > 2014-10-10 15:49 | Report Abuse

MBSB and RHB up too much , CIMB totally Suxk

Posted by ruskymee > 2014-10-10 16:00 | Report Abuse

Finally I decided to buy some @RM6.70. Pray hard that EPF can use its magic wand to stop the "bleeding".

Posted by richienexus > 2014-10-10 16:02 | Report Abuse

Based on the exchange ratio of 1:38 (1 RHB Capital share for 1.38 CIMB Group share), at RHB's current market price of RM8.90, CIMB would continue to fall to RM6.45. CIMB is now doing at RM6.67, hence, still long way to fall.

Posted by mbge7clt > 2014-10-10 16:08 | Report Abuse

then need to hope for RHB to go up or deal scrap...

Posted by KL Liew > 2014-10-10 16:22 | Report Abuse

die hard

Posted by countryman > 2014-10-10 16:25 | Report Abuse

Tiu

Posted by Lereve > 2014-10-10 16:46 | Report Abuse

ham kar chan liao

Posted by KL Liew > 2014-10-10 16:55 | Report Abuse

pokkai hkc liao

Posted by cchin > 2014-10-10 17:19 | Report Abuse

OH No ....!!

Posted by cchin > 2014-10-10 17:22 | Report Abuse

Closing CIMB RM 6.66 ...... RHB RM 8.88 ...... how come these numbers???

Posted by tingalfred > 2014-10-10 18:33 | Report Abuse

Sound sad everyone? :)

Posted by rlch > 2014-10-10 18:35 | Report Abuse

If merger don't bring benefit to shareholders better don't merge.

Posted by redbean > 2014-10-10 18:49 | Report Abuse

Why the loyal and long term CIMB shareholders who bought the shares above RM7 end up as losers and hv to loose money for this mer ger? Stupid merger.

Posted by 2222 > 2014-10-10 19:16 | Report Abuse

stupid cimb,,con people,,puii puii..

Posted by KL Liew > 2014-10-10 20:03 | Report Abuse

really stupid merger , puiiiiiii la

Posted by countryman > 2014-10-10 20:35 | Report Abuse

Niah seng merger.

Posted by countryman > 2014-10-10 20:41 | Report Abuse

Cchin, ci close 1808.88...
Another number..

Posted by rlch > 2014-10-10 20:45 | Report Abuse

Meaning fat tat next week?

Posted by LATO' SELI > 2014-10-10 21:21 | Report Abuse

All of us kena tipu here

Posted by mbge7clt > 2014-10-10 21:39 | Report Abuse

damn merger..

Posted by kc3255ck > 2014-10-10 22:14 |

Post removed.Why?

Posted by DreamConqueror > 2014-10-10 22:56 | Report Abuse

Can recover la, some time, hor.

Posted by KingEdward > 2014-10-10 23:01 | Report Abuse

This is a perplex situation. Cimb is being taken over by RHB but their price is going down. Next week it will move up. Market confuse who is taker and who is takee?

Posted by rlch > 2014-10-11 07:32 | Report Abuse

Headline from Star yesterday make investors confused hence the dump.
"RHB Cap to acquire CIMB Group"
After merger only CIMB bank remain.