Posted by signalmw > 2020-11-11 10:47 | Report Abuse

All in

Posted by SunTzu1668 > 2020-11-11 14:02 | Report Abuse

https://www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

Posted by Alfonso > 2020-11-11 14:45 | Report Abuse

Long term really nice, even though yesterday surged up so much but still undervalued.

Posted by tkl88 > 2020-11-11 19:21 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Aurora13 > 2020-11-11 20:32 | Report Abuse

Shit PN said they have agreed with the conditions given by BN, which includes extending moratorium for 6months and will be adjusting the budget... If this is real, banks all gg

Posted by Aurora13 > 2020-11-11 20:32 | Report Abuse

Esp cimb

Posted by BATFLY > 2020-11-11 21:09 | Report Abuse

Timing of buying is, crucial here as qtr result wont be good with bad loans increasing due to covid leading to closure biz

Posted by BATFLY > 2020-11-11 21:12 | Report Abuse

Actually rm3 is consider rock bottom. But overall economy is bad..

Posted by furball > 2020-11-11 22:45 | Report Abuse

Wonder about the investors here... how big is your portfolio? I am just a newbie.... starting small. Happy to learn from the seasoned investors. Tq in advance for your kind help.

Posted by Cakes Moon > 2020-11-11 23:01 | Report Abuse

Just pump RM500k into CIMB today, hope for thr best.

Posted by JK22 > 2020-11-11 23:49 | Report Abuse

moratorium ? No need to pay interest ? I don't think so. If interest jalan. Win Win la

Posted by julieyeh > 2020-11-11 23:56 | Report Abuse

Extend moratorium will have impact on banks liquidity and capital position. Not sure if banks are allow to pay final dividend then.

Posted by kahsoon888 > 2020-11-12 00:52 | Report Abuse

Aiyo, extend moratorium sure will impact all bank

Posted by Kingwarrant9 > 2020-11-12 04:59 | Report Abuse

Switch over to RHB bank

Posted by Kingwarrant9 > 2020-11-12 05:00 | Report Abuse

Rhb c25 will double your money

Posted by JacLow > 2020-11-12 08:44 | Report Abuse

Not 3 but 6 months..

Posted by Loy Loy Cheong > 2020-11-12 09:28 | Report Abuse

KLCI is the poorest performance index in East Asia, all this will have to thank the stupid politicians. Extending the moratorium for all sectors is not going to help the economy, it should be targeted for only those that need help. Getting the vaccines and get the economy up by opening up should be the key...stupid politicians are playing politics at others expense.

Posted by OnTime > 2020-11-12 09:29 | Report Abuse

Barisan’s 42 MPs would only support Budget 2021 if two of its demands were met – a blanket moratorium on loan repayments till June 30,2021, and allowing Malaysians a one-off withdrawal of RM10,000 from their EPF Account 1.

Posted by OnTime > 2020-11-12 09:31 | Report Abuse

stupid extension to continue.

Posted by Loy Loy Cheong > 2020-11-12 09:52 | Report Abuse

This gov can sacrifice everything and everyone as long as he kept themselves in power. BN is known to be legendary corrupted and they think that they will win if GE is call? I will say bring it on and see how many no backbone and backdoor Ministers and MP will be voted out. Honestly aren't you all tired of all this? No political stability means no stable economy.

Posted by tkl88 > 2020-11-12 10:33 |

Post removed.Why?

Posted by tkl88 > 2020-11-12 11:13 |

Post removed.Why?

Posted by getingreal > 2020-11-12 14:16 | Report Abuse

Politicians always want to be popular and they don’t care the damage they do. Recent crys by some ministers for the moratorium to be reinstated is desperate attempt to make them popular with the masses, and in some case desperate attempts to distract from their own thieving ways. Just look at who's crying moratorium the hardest, its the most corrupt of them.

The popular public perception is that the banks are rich, so why not raid them and get free money? Most of them have no idea, or don’t care, it’s the shareholders money not the banks. The shareholders are real people who mostly have their life’s savings in previously considerd blue chip safe bank shares to try to make a bit on dividends to put food on their tables. Something the directors need to remember before stupidly doing political charity again.

The last time the banks pumpkin directors stupidly agreed to a moratorium they cost their shareholders billions, and they suddenly found they had to stop paying dividends to try to recoup losses. Malaysia’s banks market caps plumeted from being strong and healthy, to looking like risk banks from 4th world countries. Foreign investors fled and shares dropped like stones. In CIMBs case, our shares absolutely bombed RM1.20 a share within 10 days of the announcement.

People should remember If the banks have no money then everyone suffers, housing market cannot be financed, cars cannot be financed and business are strangled as they cannot get finance. What bank is going to be so stupid as to lend money to people who cry out for moratoriums so they don’t have to pay the money back as agreed?

The Minister of Finance Dato Aziz (he himself an ex banker) understands the very real dangers of weakening the banks further. He has stated that there will not be an extension to the moratorium. If there is, then he should resign as his creditability will be gone in the investment community.

Posted by WarrenPuffet > 2020-11-12 14:49 | Report Abuse

I think those who stock up glove stock recently is crying hard now.

Posted by tkl88 > 2020-11-12 15:17 |

Post removed.Why?

Posted by Alfonso > 2020-11-12 15:49 | Report Abuse

sotong is back in strong, good job bro sotong! your nightmare is ended already

Posted by Loy Loy Cheong > 2020-11-12 15:59 | Report Abuse

Does anyone knows the date to pass the budget in parliament?

Posted by Loy Loy Cheong > 2020-11-12 16:33 | Report Abuse

Took profits and am out until the moratorium thing is clear. Will re enter again at a point when things are clear.

Posted by JK22 > 2020-11-12 16:42 | Report Abuse

Sotong so strong. Cannot decide what to do. Deep fry or sambal. Don't know should wait for Div or not/ Or got Div?

Posted by zerocool7199 > 2020-11-12 19:10 | Report Abuse

https://www.theedgemarkets.com/content/advertise/maximise-your-retirement-savings-digitallyhttps://www.theedgemarkets.com/content/advertise/maximise-your-retirement-savings-digitally

Posted by Cakes Moon > 2020-11-12 20:44 | Report Abuse

Solid rock bottom price.

Posted by masterus > 2020-11-12 21:01 | Report Abuse

Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot

One of the volunteers of the trial, Texas lobbyist Glenn Deshields compared side effects of the shot as being similar to "a severe hangover" whereas another one, 45-year old Carrie said that she went through fever, body aches and headache after the second shot.

Posted by masterus > 2020-11-12 21:02 | Report Abuse

https://www.wionews.com/world/volunteers-face-severe-hangover-headache-and-pain-after-getting-pfizer-vaccine-shot-342518

Posted by masterus > 2020-11-12 22:09 | Report Abuse

The US dollar could collapse by the end of 2021 and the economy can expect a more than 50% chance of a double-dip recession, the economist Stephen Roach told CNBC on Wednesday.
The US has seen economic output rise briefly and then fall in eight of the past 11 business-cycle recoveries, Roach said.
Grim second-quarter data cannot be dismissed, he said, pointing out that "the current-account deficit in the United States, which is the broadest measure of our international imbalance with the rest of the world, suffered a record deterioration."
Roach last predicted a crash in the dollar index in June, when it was trading at about 96. He said at the time that it would collapse 35% against other major currencies within the next year or two.

Posted by Sailangking > 2020-11-12 22:11 | Report Abuse

don't play play sotong.... mmm

Posted by flyingtomoon2020 > 2020-11-12 22:12 | Report Abuse

Cimb gogogo

Posted by flyingtomoon2020 > 2020-11-12 22:12 |

Post removed.Why?

Posted by stkoay > 2020-11-12 22:43 | Report Abuse

https://www.theedgemarkets.com/article/thailand-allows-banks-resume-dividend-payment-after-tests

Posted by WarrenPuffet > 2020-11-13 05:09 | Report Abuse

Get to meet an elderly and he looks worried and I ask the elderly what happened? He trust cimb and invested his savings into cimb.

I tell the elderly please do not worry, this counter will back to normal and your savings will be okay.

Alot people trust you CIMB, please don't make them dissapointed

Posted by JK22 > 2020-11-13 09:30 | Report Abuse

after up a bit , sure retract a bit . Many retailers will take profit. Should they ? Now depend if any DIV coming or not

Posted by investingbasics > 2020-11-13 10:09 | Report Abuse

loan moratorium on the way

Posted by getingreal > 2020-11-13 11:29 | Report Abuse

Dividend is not due till April. Last April the Dividend was for 6 months and was 12c a share (Tax free/paid). The 1st interim is normally paid in Oct (last year 14c) but was deferred this year, however the bank stated at that time its div policy remained the same and the Dividend percentage would be added to the next Dividend (announced in beginning of March and paid in April). While I do not expect that this latest 6-month bottom line will be all that great, Aprils Dividend will be an accumulation of a full 12months ( last years 12c + 14c), so I expect it should exceed 20c at least. The question is by how much?

Posted by up2_sky > 2020-11-13 15:00 | Report Abuse

up up up to the sky

Posted by JBond007 > 2020-11-13 17:14 | Report Abuse

Amazing sotong, still can went up despite the loan moratorium extension lobbying.

Posted by zerocool7199 > 2020-11-13 17:45 | Report Abuse

https://www.theedgemarkets.com/node/541200

Posted by stkoay > 2020-11-13 18:32 | Report Abuse

https://www.malaymail.com/news/malaysia/2020/11/13/warning-against-debt-fuelled-economic-growth-bnm-says-extending-blanket-loa/1922365

BNM governor Datuk Nor Shamsiah Mohd Yunus pointed out that a blanket moratorium on repaying bank loans “will not be in the best interests of the economy”, as allowing all borrowers — even those who can afford to resume repayments — to postpone payments would be similar to kicking the problem down the road.

Posted by Goldgent > 2020-11-13 19:35 | Report Abuse

Indonesia to start mass COVID-19 vaccination this year
https://www.thestar.com.my/news/world/2020/11/13/exclusive-indonesia-to-start-mass-covid-19-vaccination-this-year---president

Posted by zerocool7199 > 2020-11-13 20:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/13/better-than-expected-3q-gdp-data-boosts-stock-market#.X65Wh1CXXHw.facebook

Posted by Jonathan Keung > 2020-11-13 21:53 | Report Abuse

Recovery theme play on banks

Posted by bose00 > 2020-11-14 07:29 | Report Abuse

today US banking stocks all UP .. KLSE banking stocks will follow same on Mon ..