Posted by Loy Loy Cheong > 2020-11-30 15:52 | Report Abuse

Financial will consolidate and retreat for a while before nearing the next quarterly result announcement. Just hold if you have bought and hope that it will not correct too much.

Posted by Moon1668 > 2020-11-30 16:03 | Report Abuse

Financial sector is not going North anytime soon. With all the bankruptcies and retrenchments, it’s not so easy to perform.
Of course, if you can hold, any temporary set back will be a sweet taste of pain.
Cheers!

Posted by latuk > 2020-11-30 16:07 | Report Abuse

Wah, when the price drops, the comments also 180 degree change. Better not to look at this forum at all.

Posted by Alfonso > 2020-11-30 16:20 | Report Abuse

be strong sotong, u have gone through the worse, nothing to worry anymore...

Posted by Riaz1954 > 2020-11-30 16:20 | Report Abuse

Will retrace back after brief correction for sure. It will not go back to 3.0

Posted by Alfonso > 2020-11-30 16:40 | Report Abuse

3.65 very strong support

Posted by Taeyeon09 > 2020-11-30 17:10 | Report Abuse

Wait to collect at 3.3

Posted by Gunplakk > 2020-11-30 17:30 | Report Abuse

hope will drop more tomorrow... maybank took a big hit today.. drop to 790

Posted by bullgoup123 > 2020-11-30 20:19 | Report Abuse

next quarter for sure gg d

Posted by Beginner123456 > 2020-11-30 20:29 | Report Abuse

index will go up tmr, whether technical rebound or will maintain is anybody's guess but it should go back up tmr. A heavy hit to the index like this warrants a rebound

Posted by JJchan > 2020-11-30 23:21 | Report Abuse

BAT will beat Cimb in profit and dividend until 4Q21.

Posted by Equilibrium > 2020-12-01 00:44 | Report Abuse

Just bought some today but looks like funds going back to gloves sighhhh, hopefully won't drop more

Posted by limkokthye > 2020-12-01 08:14 | Report Abuse

Us dow Jones big drop

Posted by Jeffreyteck > 2020-12-01 08:42 | Report Abuse

Oops, big funds disposed, tricky.

Posted by Goldgent > 2020-12-01 09:12 | Report Abuse

GREEN, GREEN, GREEN.

Posted by WarrenPuffet > 2020-12-01 10:05 | Report Abuse

CIMB DUN GIBBAB!!! climb back up to the top building steady!!!
GAMBARREH!!! GAMBARREH!!!! GAMBARREH!!!!!!!!!

Posted by Alfonso > 2020-12-01 10:08 | Report Abuse

Cimb no problem wan, drop is normal, in long run this hidden gem will back to top, no worry, in 2 years time is the show for financial stocks already!

Posted by BATFLY > 2020-12-01 10:23 | Report Abuse

Jbond.. You are better than warren buffet if you can predict that.. Cheers!!

Posted by Snowpiercer > 2020-12-01 10:32 | Report Abuse

Anyway book val at RM5.50

Posted by banker9 > 2020-12-01 15:26 | Report Abuse

still can buy.... ??

Posted by GorengHealthcare > 2020-12-01 15:29 | Report Abuse

December window dressing month; investors buy into blue chips on 1st Dec itself in anticipation of window dressing by institutional investors by end of the month.

Posted by latuk > 2020-12-01 19:33 | Report Abuse

I am quite right. When the stock closed green, all the positive comments will appear. And vice versa.

Posted by stkoay > 2020-12-01 20:42 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2020/12/01/experts-predict-world-economy-to-recover-from-pandemic-by-next-year/

Experts predict world economy to recover from pandemic by next year

Posted by stkoay > 2020-12-01 23:29 | Report Abuse

Financial lead gain in US, up more than 2%.

Posted by WarrenPuffet > 2020-12-02 07:19 | Report Abuse

CIMB dun care all the negative or positive things!! Dun GIBBAB!!! Just steadily climb up to the roof once again!!! GAMBARREH!!!
Every-baldy cum together with me cheer for CIMB!!! CIMB GAMBARREH!!!

Posted by Alfonso > 2020-12-02 07:35 | Report Abuse

CIMB is sure the most potential finance sector to be invested because most of the people look down on this financial counter and this is our opportunity! let's go bro sotong!

Posted by Jjkcl > 2020-12-02 08:17 | Report Abuse

Bank stock recovery mode

Posted by Goldgent > 2020-12-02 11:45 | Report Abuse

Another GREEN day.

Posted by JBond007 > 2020-12-02 14:42 | Report Abuse

3.80......Amazing sotong! Towards 5.00 next year!

Posted by sujibaby > 2020-12-02 14:54 | Report Abuse

https://www.cnn.com/2020/12/01/health/first-pfizer-vaccine-shipments/index.html

Posted by Cakes Moon > 2020-12-02 15:32 | Report Abuse

This is on uptrend. No doubt.

Posted by WarrenPuffet > 2020-12-02 15:43 | Report Abuse

CIMB GAMBARREH!!!! GAMBARREH!!!!
Avry-Baldy cum follow me say "CIMB GAMBARREH!!!!!!!"

Posted by zerocool7199 > 2020-12-02 15:45 | Report Abuse

This month sure break rm4....

Posted by Riaz1954 > 2020-12-02 15:53 | Report Abuse

Vaccine approved by regulators in U.K....big milestone....vaccination to begin next week. Malaysia needs to act together and fast track approval. Markets will move now into next year

Posted by Goldgent > 2020-12-03 09:43 | Report Abuse

Third GREEN day in a row.

Posted by WarrenPuffet > 2020-12-03 10:26 | Report Abuse

Here I am to cheer you up CIMB, dun GIBBAB!!! GAMBARREH!!!!

Posted by Riaz1954 > 2020-12-03 20:02 | Report Abuse

Will challenge june peak of 4.06.....then consolidate and move on from there once vaccine is distributed 1 Qtr......positive results from 2nd /3rd qtr onwards! Investment is about forward looking matter of accumulating

Posted by fishchu > 2020-12-03 22:17 | Report Abuse

While asset quality has been a concern to the banks given the strong economic headwinds, nonetheless half of the banks have achieved better sequential performance. Some see this as a saving grace that the country’s banking system is resilient, a critical factor that is needed for the domestic economy to bounce back.
Malayan Banking Bhd (Maybank) was the only lender that saw its net profit double or up 107.32% q-o-q in net profit for 3Q20. The banking group also declared an interim dividend of 13.5 sen per share during the quarter.
Other than Maybank, BIMB was the only other bank that declared a dividend of 12.6 sen per share in the quarter.
However, on a y-o-y basis, it is down 2.32% — still considered a commendable achievement.
RHB Bank Bhd (+55.3% q-o-q), Public Bank Bhd (+39.03% q-o-q) and Hong Leong Bank Bhd (+28.01% q-o-q) achieved solid double-digit growth for 3Q20 as most of them made large loan loss provisions in the preceding quarter in preparation to withstand the headwinds.
Among others, AMMB Holdings Bhd saw the biggest drop by 35.01% q-o-q in 3Q20, followed by CIMB Group Holdings Bhd (-29.82% q-o-q), Affin Bank Bhd (-27.72% q-o-q), BIMB Holdings Bhd (-11.25% q-o-q) and Alliance Bank Malaysia Bhd (-0.35% q-o-q).

Posted by wah168 > 2020-12-03 22:27 | Report Abuse

so meaning CIMB shall drop tomorrow right

Posted by sostupid > 2020-12-03 22:45 | Report Abuse

All wounds are going to be gradually healed by next year...since we already know this as a fact...why do we still blame people for asset quality and other economic problems: Warren Buffett said be kind many times ... also stock market look forward dont look backwards..the asset quality will be improving..the price of cimb will move up not move backward again, get it! The loans lend to malaysians and i don't think malaysians are chickenshit people..they will payback one lah!

Posted by sostupid > 2020-12-03 22:48 | Report Abuse

nobody in malaysia want the malaysia stock mkt to drop..this fact will propel the mkt higher..because we already soaked in water for too long...must help ourselves.

Posted by sostupid > 2020-12-03 22:51 | Report Abuse

this is a component stock..it needs to move if the index want to go higher,,, get it... sostupid

Posted by Equilibrium > 2020-12-04 00:17 | Report Abuse

Hold banks no need worry ma

Posted by Goldgent > 2020-12-04 10:48 | Report Abuse

Unbelievable, GREEN again.

Posted by zerocool7199 > 2020-12-04 11:20 | Report Abuse

Pity to many still in dream at glove wonderland..

Posted by 752_michael_chan > 2020-12-04 11:38 | Report Abuse

Good. Looking for more upside to come...
Who knows, Christmas rally may come early for us. Cheers!

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

smart players already out glove, alot of dreamers still there shouting what undervalue la asp la covid la... most dont understand that market is forward looking and kalau ada untung, Just take it and invest elsewhere like banks, manufacturing

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

Wow.....my sotong is now so sexy......

.....nearer to year end...more sexy....window dressing.

Posted by stkoay > 2020-12-04 12:09 | Report Abuse

Yes....pity the gloves worshipers.....

Posted by Up_again > 2020-12-04 12:14 | Report Abuse

Cement guys, ASP is rising hahaha