Posted by stkoay > 2021-07-01 17:56 | Report Abuse

Retain our OVERWEIGHT stance on the sector with our top BUYs on RHB Bank (fair value RM6.90/share), Maybank (FV RM10.40/share) and CIMB Group (RM5.60/share). We favour banks with expected improvement in regional performance from the gradual economic recovery and banks with undemanding valuations.

Source: AmInvest Research - 1 Jul 2021

Posted by alphaedgeinvesting > 2021-07-01 19:49 |

Post removed.Why?

Posted by Will76 > 2021-07-02 10:03 | Report Abuse

Bank open or close in Klang Valley when EMCO starts tomorrow?

Posted by Riaz54 > 2021-07-02 14:54 | Report Abuse

banking sector is still the favoured sector!

Posted by RedEagle > 2021-07-03 20:48 | Report Abuse

Modification Loss??

Posted by bursa_chong > 2021-07-04 11:41 | Report Abuse

Banking is essential service sector .

Posted by stocksyndicate > 2021-07-05 12:26 | Report Abuse

Touch & go will win digital license

Posted by DChosen2 > 2021-07-05 17:29 | Report Abuse

OPR gonna reduced again.

Posted by jinova546 > 2021-07-08 15:59 | Report Abuse

GG malaysia

Posted by Moon1668 > 2021-07-08 16:15 | Report Abuse

Looks like sun is setting.

Posted by Will188 > 2021-07-08 17:25 | Report Abuse

Tag our Finance Minister in FB ask him stop RSS like last year. Mahu tunggu KLCI drop below 1400?

https://www.change.org/TempStopRSSBursa

Posted by jinova546 > 2021-07-09 08:57 | Report Abuse

Today will be big red or green?? Hmmm....

Posted by WaterBlower > 2021-07-09 17:45 | Report Abuse

CIMB GRP BHD: Warrants Watch (9 July 2021) CIMB-HF
Warrant Name: CIMB-HF

At the start of the year, the prospects for Malaysian Banks were encouraging alongside a stable and improving economic condition, but recent developments can jeopardise the progress. With the latest political entanglement and persistently increasing Covid-19 cases, Banks would likely be one of the industry feeling the brunt. Put Option will be one of the instrument that can allow investors to offset any downside movement on your portfolio.

Warrant Type : Put
Current Price : RM 0.08
Exercise Price : RM 4.28
Exercise Ratio : 6 : 1
Moneyness : 3.17% OTM
Premium : 14.03%
Effective Gearing : 3.72x
Expiry : 28 Feb 2022 (7 months)
*Data as at 8 July 2021

Disclaimer: Statements and figures herein should not be construed as recommendations to buy, hold or sell any underlying shares and/or structured warrants linked to them. Kindly seek independent professional advice prior to engaging in any trading activities.


What is this? Anyone kind enough to explain to us here in more details? Appreciate

Posted by Bgt 9963 > 2021-07-10 09:03 |

Post removed.Why?

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

Tiap tiap hari good morning buat apa leh ?

Posted by Oliver Ooi > 2021-07-11 11:28 | Report Abuse

my fair value at RM5. luckily the government still stay strong for awhile.

Posted by jinova546 > 2021-07-12 00:29 | Report Abuse

#lawan

And u think now our gov is stable ???

Posted by seowdingdong > 2021-07-16 17:57 | Report Abuse

RHB maintains 'buy' on CIMB

ANALYST REPORTS

Friday, 16 Jul 2021

8:47 AM MYT

KUALA LUMPUR: CIMB Group Holdings Bhd has said that its buffers remain comfortable despite some need for top-ups as more borrowers apply for repayment relief given the latest moratorium.

"The banking group is maintaining its 80-90bps credit cost guidance for now, but acknowledges the heightened uncertainties, especially in Malaysia.

"There could be some further top-up provisions (hinges on the lockdown period) but management reiterated that the existing pre-emptive buffers are still sufficient," said RHB Research in a note following a briefing.

The portion of Malaysian consumer loans on relief programmes fell to as low as 6% in end-May versus 14% in end-Dec 2020 but has since climbed higher, given the latest iteration of the moratorium.

In terms of applicant mix, management is seeing more new applicants versus repeat applicants).

CIMB expects the overall portion to peak under 20%, given the nuances in the latest moratorium.

The opt-in nature and interest accrual would deter opportunists from applying for this relief while modification losses should be lower as well.

RHB Research, which has a "buy" call on the stock with a target price of RM5.20, said CIMB's overall operations and asset quality are still stable.

"We take comfort that the decline in the number of borrowers on relief programmes up to end-May has freed up provision buffers to absorb the latest round of lockdowns.

"This also decreases the immediate need to make significantly higher provisions, and buys management time to observe the trends first," it said.

It added however that the situation remains uncertain and there could be a need for some top-ups.

Commenting on CIMB's 2Q results, RHB said CIMB's topline trend was decent with net interest income supported by favourable net interest margin movement while non-interest income declined quarter-on-uyqarter on lower unit-trust/wealth management income.

Opex grew year-on-year from a low base but 1H21 trajectory was within guidance, due to tight control on personnel and marketing expenses.

The deconsolidation of TnG Digital has also resulted in savings totalling MYR200mil from further losses

Join our Telegram channel to get our Evening Alerts and breaking news highlights

TAGS / KEYWORDS:RHB Research , CIMB , Banking , Moratorium

Posted by dianatrader > 2021-07-16 18:08 | Report Abuse

Bank buy bank

Hee

Interesting

Posted by seowdingdong > Jul 16, 2021 5:57 PM | Report Abuse

RHB maintains 'buy' on CIMB

ANALYST REPORTS

Friday, 16 Jul 2021

8:47 AM MYT

KUALA LUMPUR: CIMB Group Holdings Bhd has said that its buffers remain comfortable despite some need for top-ups as more borrowers apply for repayment relief given the latest moratorium.

"The banking group is maintaining its 80-90bps credit cost guidance for now, but acknowledges the heightened uncertainties, especially in Malaysia.

"There could be some further top-up provisions (hinges on the lockdown period) but management reiterated that the existing pre-emptive buffers are still sufficient," said RHB Research in a note following a briefing.

The portion of Malaysian consumer loans on relief programmes fell to as low as 6% in end-May versus 14% in end-Dec 2020 but has since climbed higher, given the latest iteration of the moratorium.

In terms of applicant mix, management is seeing more new applicants versus repeat applicants).

CIMB expects the overall portion to peak under 20%, given the nuances in the latest moratorium.

The opt-in nature and interest accrual would deter opportunists from applying for this relief while modification losses should be lower as well.

RHB Research, which has a "buy" call on the stock with a target price of RM5.20, said CIMB's overall operations and asset quality are still stable.

"We take comfort that the decline in the number of borrowers on relief programmes up to end-May has freed up provision buffers to absorb the latest round of lockdowns.

"This also decreases the immediate need to make significantly higher provisions, and buys management time to observe the trends first," it said.

It added however that the situation remains uncertain and there could be a need for some top-ups.

Commenting on CIMB's 2Q results, RHB said CIMB's topline trend was decent with net interest income supported by favourable net interest margin movement while non-interest income declined quarter-on-uyqarter on lower unit-trust/wealth management income.

Opex grew year-on-year from a low base but 1H21 trajectory was within guidance, due to tight control on personnel and marketing expenses.

Posted by aliyusof > 2021-07-19 16:33 | Report Abuse

https://www.theedgemarkets.com/article/touch-n-go-mr-diy-announce-strategic-collaboration?type=malaysia

Posted by NatsukoMishima > 2021-07-21 15:14 | Report Abuse

KUALA LUMPUR (July 21): CIMB Group Holdings Bhd’s 94.8%-owned subsidiary CIMB Thai Bank PCL saw its net profit dropped 31.1% year-on-year (y-o-y) for the six-month period ended June 30, 2021 (6MFY21) to 954.8 million baht (RM123.6 million) from 1.4 billion baht in the previous year.

This was due to a 19.1% y-o-y increase in expected credit losses, reflected by the elevated provisions from economic uncertainty and credit migration from customers affected by the Covid-19 pandemic.

Posted by NatsukoMishima > 2021-07-21 15:14 | Report Abuse

Rm 3.xx coming soon !

Posted by In_Sight > 2021-07-22 14:50 | Report Abuse

Sotong still strong!!

Posted by seowdingdong > 2021-07-22 15:50 | Report Abuse

Yes! up to the sky 4.7

Posted by Sailangking > 2021-07-26 01:02 | Report Abuse

will declare dividwn nxt month?

Posted by Bgt 9963 > 2021-07-26 08:37 |

Post removed.Why?

Posted by biscuitboy96 > 2021-07-27 09:46 | Report Abuse

CIMB Group Holdings Bhd 的子公司 CIMB Bank Bhd 已提议根据联昌银行的 50 亿美元欧元中期票据（EMTN）计划发行价值 6.4 亿港元（约 3.48 亿令吉）的债券。在向马来西亚国家银行（BNM）的全自动发行/招标系统（FAST）网站提交的文件中，促进债券销售的 CIMB Investment Bank Bhd 表示，CIMB Bank 的 6.4 亿港元计划向投资者支付了 1.12% 的利率年。联昌国际投资银行表示，将于明天（7月27日）发行的6.4亿港元计划将于2026年7月17日到期。

Posted by seowdingdong > 2021-08-04 17:19 | Report Abuse

Our cimb still holding strong after all political unstability...good job sotong! Am confident to soar during september when we are opening up our economy

Posted by WenJun > 2021-08-11 09:12 | Report Abuse

Preparing for VCP pattern break out?

Posted by kens88 > 2021-08-14 08:56 | Report Abuse

Hi guys. Dividend now 4 cents only? Is it change to quarterly payout? or maintain semi annual ?

Posted by stockraider > 2021-08-14 09:33 | Report Abuse

Go Go !

Posted by RedEagle > 2021-08-15 14:29 | Report Abuse

Dukacita dimaklumkan bahawa YBhg Datuk Seri Ahmad Zaini Othman, Presiden dan Ketua Pegawai Eksekutif MBSB Bank telah kembali ke Rahmatullah pada 15 Ogos 2021, 6 Muharram 1443.

Marilah bersama-sama kita membaca ummul kitab Al-Fatihah. Semoga rohnya dicucuri rahmat dan ditempatkan di kalangan orang yang beriman.

_______________________________________

We are deeply saddened on the passing of YBhg Datuk Seri Ahmad Zaini Othman, MBSB Bank's President and Chief Executive Officer on 15 August 2021, 6 Muharram 1443.

Let us recite the Al-Fatihah and pray that his soul will receive blessings from Allah S.W.T. and that he is placed among the pious.

Posted by bullmarket1628 > 2021-08-15 17:15 | Report Abuse

Yes, backdoor PM will resign on Monday !
So, the new government will bring new
hope and new confident to all the local & foreign
investors enter into our market !

So, I think started from tommorrow, KLSE will have a big
uptrend toward 1,800 to 2,000 pts !

CIMB tommorrow will spike to above RM4.80 and
T.p by end of Aug 2021=> break above RM5.00
T.p by end of Dec 2021=> break above RM5.50
T.p by end of Mar 2022=> break above RM6.00
T.p by end of Jun 2022=> break above RM7.00

Posted by bullmarket1628 > 2021-08-15 17:20 | Report Abuse

首相宣布1】首阶复苏区 11经济活动明起复工
2021年08月15日

吉隆坡15日讯）周一（16日）开始，在第一阶段国家复苏计划区的11项经济活动获准重新开放营业！

首相丹斯里慕尤丁发文告指出，由于意识到经济领域迟迟不开放将影响私人界及员工生计，因此政府同意从 8 月 16 日（周一）开始，让11项经济活动重新复工。

获准复工的经济活动及领域计有:
1. 洗车店
2. 电器和电子商店
3. 存放家居用品和厨具
4. 家具店
5. 运动器材专卖店
6. 汽车配件店
7. 汽车配送销售中心
8. 仅限早市和农贸市场
9. 服装、时装和配饰店
10. 珠宝店
11. 理发店和美容中心/沙龙（基本理发服务只要）

不过，他指出，有关宣布仅落实在成人疫苗接种率达50%的州属，而想要享有这些方便的人也必须得完成两剂疫苗的注射。期间，他就以巴生谷为例指出， 该区18岁以上的接种率已经达到64.7%， 因此可以获准重启11项经济活动。

他表示，届时，民众得出示数字证书，证明自己已经完成接种2剂疫苗。

“我再次提醒，完全接种的意思是注射第二剂双剂型疫苗后的 14 天，而单剂疫苗则是 28 天后才算完成。”

他也说，进一步详细指南，他将会在近期宣布。


## https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E3%80%90%E9%A6%96%E7%9B%B8%E5%AE%A3%E5%B8%831%E3%80%91%E9%A6%96%E9%98%B6%E5%A4%8D%E8%8B%8F%E5%8C%BA-11%E7%BB%8F%E6%B5%8E%E6%B4%BB%E5%8A%A8%E6%98%8E%E8%B5%B7%E5%A4%8D%E5%B7%A5

Posted by bullmarket1628 > 2021-08-15 17:22 | Report Abuse

Superb, almost all the economy is re-open for start business started from tommorrow, Monday, 16-8-2021 !
KLSE really will started booming tommorrow onwards !

Huat ah, Heng ah, Ong ah !

Posted by RedEagle > 2021-08-16 18:50 | Report Abuse

Caretaker Caretaker

Posted by Sailangking > 2021-08-17 12:22 | Report Abuse

superB qr???

Posted by nightfighter > 2021-08-18 21:57 |

Post removed.Why?

Posted by Bgt 9963 > 2021-08-19 08:56 |

Post removed.Why?

Posted by aliyusof > 2021-08-20 20:11 | Report Abuse

Umno counter, tomorrow fly??

Posted by WenJun > 2021-08-23 09:43 | Report Abuse

Approaching the end of VCP pattern & ascending triangle…

Posted by Sailangking > 2021-08-23 12:05 | Report Abuse

got divident ?

Posted by stockraider > 2021-08-23 12:45 | Report Abuse

Good afternoon

Posted by CakapSohaiThings > 2021-08-24 09:53 | Report Abuse

I can feel it, the brothers are back

Posted by WenJun > 2021-08-24 10:01 | Report Abuse

RM5 is coming

Posted by CakapSohaiThings > 2021-08-24 10:09 | Report Abuse

AMBANK RM 4.5
CIMB RM5.5
RHBBANK RM6

Posted by Sailangking > 2021-08-24 10:35 | Report Abuse

how about pbb ?lol

Posted by stockraider > 2021-08-24 10:50 | Report Abuse

Buy no worry

Posted by In_Sight > 2021-08-24 11:40 | Report Abuse

Good sotong

Posted by bullmarket1628 > 2021-08-24 11:43 |

Post removed.Why?