Posted by Riaz1954 > 2021-02-28 15:05 | Report Abuse

Many international banks have had abd time ..in 2009 crisis one Royal Bank of Scotland single handledly destroyed uk economy by dishing out huge business loans to connect people sot had to be written off....the loans written were nit few billion but 30 + billions GBp...loans were given with out collateral,over cocktail ,parties ... CIMB suffered due to poor due diligence over 2 sigficnant losses to Singaporean oil gas companies ..which were run fraudulently under remit if MAS supposedly very capable! HSBC and Deutsche were other banks who suffered more than CIMB these two loans alone account for the profit impact for the year...I am sure CIMB will improve and certainly 2021 will be a successful year for company and shareholders compared to other banks. Investors need to keep,faith.

Posted by stkoay > 2021-02-28 15:37 | Report Abuse

@Riaz1954.....totally agree....especially with new management team, it's totally a new ball game......

https://www.theedgemarkets.com/article/cimb-targets-45-loan-growth-2021

“However, we are confident that the second half of the year will be a lot stronger. With that, we expect the financial industry performance to rebound, particularly as provisions come down,” said Rahman, adding that 2021 will be a pivotal year for the bank.

“We have also begun reshaping our portfolios to ensure we are well-positioned to accelerate growth in key segments,” he said.

Posted by stkoay > 2021-02-28 15:41 | Report Abuse

The new management team is very confident that.....2021 will be a pivotal year for the bank.

I have been following the comments and guidance provided by this team since they took over....this is the first time that they sounded so confident and positive.

Posted by Riaz1954 > 2021-02-28 16:24 | Report Abuse

Let’s look forward positively ! Well performing banking sector and in particular CIMB is needed for Malaysia PLC to recover.

Posted by Tedinvestor > 2021-02-28 18:06 | Report Abuse

Whoever wants to sell let them. My cimb portfolios will have a chance top over half million units soon.

Posted by Reggie > 2021-03-01 07:17 | Report Abuse

Worse is over. Buyyyy

Posted by WaterBlower > 2021-03-01 08:50 | Report Abuse

Wow... over half million units? You blow bigger water than I do brother lol
I don't have that much, slightly lesser than you around 499k units only

Posted by Bgt 9963 > 2021-03-01 08:51 |

Post removed.Why?

Posted by GENER > 2021-03-01 09:27 | Report Abuse

CIMB No dividend?

Posted by zhen wei & JP > 2021-03-01 09:40 | Report Abuse

Mocha no good. Latte buy!

Posted by zhen wei & JP > 2021-03-01 09:41 | Report Abuse

Dividend less . We give capital raise !

Posted by zhen wei & JP > 2021-03-01 09:45 | Report Abuse

Superman mshares to be diverted here.

Posted by Tedinvestor > 2021-03-01 10:28 | Report Abuse

Top up 50k units.

Posted by Riaz1954 > 2021-03-01 10:40 | Report Abuse

Now that dividend has been

Posted by Riaz1954 > 2021-03-01 10:41 | Report Abuse

Now that EPF have declared dividend ...I am expecting CIMB to receive inflows ....this will UTR end the price for sure.

Posted by Tedinvestor > 2021-03-01 11:33 | Report Abuse

Buy more for future gains. Genting was a good example

Posted by WaterBlower > 2021-03-01 12:18 | Report Abuse

Guys what's the news about AMBANK? I don't really understand much where it states that they have to fork out 700m USD to government related to 1MBD case and ANZ Bank gonna withdraw all their stakes in AMBANK Forcing AMMB to declare suspension today?
Anyone can be kind enough to explain the actual case to me please?

Posted by Tedinvestor > 2021-03-01 13:09 | Report Abuse

AMBANK should go to court instead paying such hefty penalty without a fight.

Posted by WaterBlower > 2021-03-01 13:37 | Report Abuse

Paying 2b+ and they said their financial will still stable. They sure?? Suddenly fork out such big amount of money their cash flows still can cope?

Posted by Martin87 > 2021-03-01 14:10 | Report Abuse

Bad news for AMBANK but good news for CIMB. Expect some funds to move into CIMB.

Posted by WaterBlower > 2021-03-01 15:11 | Report Abuse

Dun play play brother.... one bank down is big impact to whole country. All banking stocks gonna suffer huge impact due to fear

Posted by Cakes Moon > 2021-03-01 16:16 | Report Abuse

Why world market all green, but, KLSE crash like hell? Any idea?

Posted by Riaz1954 > 2021-03-01 16:39 | Report Abuse

Political impasse does not help as well as very confusing strategy regarding CV ...in terms of lock down .....inconsistent and confusing messages come from DG and Gov does not help. Inter state travel must be allowed by strict applications and monitoring of SOPs.

Posted by Riaz1954 > 2021-03-01 16:42 | Report Abuse

Cimb and banks will rally soon after results have been digested. I next week moving up again.

Posted by WaterBlower > 2021-03-01 17:28 | Report Abuse

Huh CIMB also got involved in 1MDB issue???

Posted by jinova546 > 2021-03-01 17:52 | Report Abuse

=（

Posted by Riaz1954 > 2021-03-01 18:05 | Report Abuse

OPR held price rally tomrrow

Posted by yingzhe17 > 2021-03-02 11:50 | Report Abuse

Today already know price held. So rally start

Posted by meadow1628 > 2021-03-02 23:32 |

Post removed.Why?

Posted by meadow1628 > 2021-03-02 23:33 |

Post removed.Why?

Posted by stkoay > 2021-03-03 21:09 | Report Abuse

https://www.theedgemarkets.com/article/maybank-ib-reiterates-fbm-klci-yearend-target-1830

KUALA LUMPUR (March 3): Maybank Investment Bank Bhd (Maybank IB) has maintained its end-2021 target for the FBM KLCI at 1,830, reflective of an equities-supportive environment of accelerating earnings recovery, ample market liquidity and relative attraction on ringgit-fixed income.

The investment bank also upgraded ratings for banks to “overweight”

Posted by masterus > 2021-03-04 07:10 | Report Abuse

KUALA LUMPUR (March 2): HSBC Global Research, which earlier projected a cut in the Overnight Policy Rate (OPR) in the first quarter of 2021, is now of the view that Bank Negara Malaysia (BNM) is likely to keep the rate unchanged at 1.75% this year.

Posted by Cakes Moon > 2021-03-04 09:51 | Report Abuse

Slowly going up.
Hahax~

Posted by stkoay > 2021-03-04 15:10 | Report Abuse

https://www.theedgemarkets.com/article/bnm-maintains-opr-175-0

Posted by Riaz1954 > 2021-03-04 15:15 | Report Abuse

CIMB should rally soon....near 5 mark for sure.

Posted by Cakes Moon > 2021-03-04 15:35 | Report Abuse

Haha, so siok.

Posted by maxx papa > 2021-03-04 16:07 | Report Abuse

BNM maintained the OPR @ 1.75%, is it good news for banking counters? If yes, may boom up tomorrow :-)

Posted by Bgt 9963 > 2021-03-04 16:10 |

Post removed.Why?

Posted by stkoay > 2021-03-04 17:01 | Report Abuse

Warming up for the next leg up.

Posted by bigfan01 > 2021-03-04 17:52 | Report Abuse

anyone know when is the ex-date for latest dividen 18 sen

Posted by stkoay > 2021-03-04 18:13 | Report Abuse

Govt is considering allowing interstate travel according to zones — Ismail Sabri

Posted by qetuoadgjl96 > 2021-03-04 20:00 | Report Abuse

Posted by bigfan01 > Mar 4, 2021 5:52 PM | Report Abuse

anyone know when is the ex-date for latest dividen 18 sen

Are you sure it is 18 sen?

Posted by stkoay > 2021-03-04 21:42 | Report Abuse

https://www.theedgemarkets.com/article/economists-no-longer-expect-bnm-cut-rate-anytime-soon

KUALA LUMPUR (March 4): Economists no longer expect another rate cut after Bank Negara Malaysia (BNM) kept the overnight policy rate unchanged at 1.75% today.

Posted by GENER > 2021-03-05 08:47 | Report Abuse

@bigfan01 No Dividend.

Posted by BATFLY > 2021-03-05 09:08 | Report Abuse

Not sure if CIMB is link with 1MDB like AM Bank..

Posted by prudentinvestor > 2021-03-05 11:14 | Report Abuse

No more interest rate cuts. All banks should be on their way up.

Posted by WaterBlower > 2021-03-05 12:04 | Report Abuse

No more depression.... Bank all up up up.

Posted by GorengHealthcare > 2021-03-05 12:55 | Report Abuse

Glove tech penny stocks all kena kaw2. Better put funds in safe heaven like banking stocks.

Posted by Chee Kay > 2021-03-05 13:20 | Report Abuse

The financial performance is almost same as previous quarter. Any reason CIMB share prices keep going up recently ?

Posted by didi2005 > 2021-03-05 13:27 | Report Abuse

market reaction is based on future prospect