Posted by biscuitboy96 > 2022-02-10 11:03 | Report Abuse

bank stock getting stable

Posted by stkoay > 2022-02-10 15:07 | Report Abuse

For Malaysian banks, if you want the best dividend yield, you buy MBB.

If you want good appreciation (at current prices), you buy CIMB.

Posted by stkoay > 2022-02-10 15:09 | Report Abuse

This banks was up sharply yesterday, foreign fund net bought 280m shares yesterday.

This stock is a foreign fund favorite.

Posted by CakapSohaiThings > 2022-02-10 16:37 | Report Abuse

If you want good appreciation (at current prices), you buy CIMB. - well this is debatable. P/B is already so close to 1... I think that Ambank and RHB, which are much more cheaper in valuation can appreciate more.

Banks P/B
CIMB 0.95
AMBANK 0.70
RHB 0.84
ABMB 0.83

PBB, HLB, BIMB all above 1. Not looking at affin and mbsb for now.

Posted by stkoay > 2022-02-10 17:16 | Report Abuse

Agree, future price nobody knows, it's just a prediction :)

Posted by kevinobc > 2022-02-11 06:25 | Report Abuse

https://www.malaymail.com/news/money/2022/02/11/wall-street-ends-down-sharply-on-fears-of-aggressive-fed-rate-hikes/2040859

Posted by masterus > 2022-02-11 06:41 | Report Abuse

U.S. Inflation Rate Accelerates to a 40-Year High of 7.5%
Strong consumer demand and pandemic-related supply constraints continued to push up prices in January

Posted by masterus > 2022-02-11 06:46 | Report Abuse

Us inflation now 7.5% per annum. Us need to increase fed rates to 7.50% recover the inflation rate.

Posted by stkoay > 2022-02-11 13:02 | Report Abuse

Yesterday foreign fund net bought 228m....taking 2 days total to more than half a BILLION.....

Posted by apple168 > 2022-02-13 01:57 | Report Abuse

https://xuan.com.my/programs/evening-edition/%E7%94%B5%E5%AD%90%E9%92%B1%E5%8C%85%E9%92%B1%E8%A2%AB%E7%9B%97%E8%BD%AC-%E9%9B%AA%E9%9A%86%E6%95%B0%E5%8D%81%E8%80%81%E5%B8%88%E4%B8%AD%E6%8B%9B-1950275

Posted by apple168 > 2022-02-13 15:51 | Report Abuse

https://www.nst.com.my/news/nation/2022/02/770705/cimb-adhere-bank-negaras-call-over-processing-errors

Posted by kevinobc > 2022-02-14 08:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/02/14/singapore-bank-dbs-posts-37-rise-in-fourth-quarter-profit

Posted by bobvic96 > 2022-02-14 10:14 | Report Abuse

https://www.nst.com.my/business/2022/02/771214/malaysian-banks-brace-dividends-payment-rebound-maybank-public-bank%C2%A0

Malaysian banks brace for dividends payment rebound, Maybank & Public Bank
By NST Business - February 14, 2022 @ 9:09am


KUALA LUMPUR: Malaysian banking sector's aggregate dividends are likely to increase by 26 per cent in financial year 2021 (FY202) year-on-year (yoy) to US$3.43 billion, after a 27.8 per cent plunge in FY2020 due to Covid-19, said IHS Markit.

The FY2021 year-end dividends are due to be announced by this month.

IHS Markit expects the dividend payouts to grow 4.6 per cent in FY2022, supported by strong liquidity and capital buffers.

"However, there is a mixed picture for dividends in FY2021," IHS Markit said in a report today.

Malayan Banking Bhd (Maybank) and Public Bank Bhd would continue to be the top dividend contributors, the firm said.

IHS Markit saud the Malaysian banking sector outlook for 2022 was stable as economic activity was expected to return to pre-pandemic levels.

This leads to more jobs and higher wages, as well as a gradual increase in interest rates that will help banks improve net interest margins and profitability.

However, there are still uncertainties around the Covid-19 pandemic and prolonged supply chain disruptions, as well as natural disaster risks, such as flood.

"The upbeat trend is aligned with the regional sentiment across Southeast Asia. Banks from Thailand, Singapore and Indonesia are poised for steady growth for the new year.

"Banking dividends for all four markets are expected to rise by 9.25 per cent on average in FY2022," it added.

Posted by kevinobc > 2022-02-14 12:07 | Report Abuse

https://www.malaymail.com/news/money/2022/02/14/ihs-markit-malaysias-banking-sector-outlook-stable-for-2022/2041468

Posted by biscuitboy96 > 2022-02-16 09:05 | Report Abuse

https://themalaysianreserve.com/2022/02/16/cimb-foundation-tfm-ytl-foundation-unite-to-revive-education/

Posted by masterus > 2022-02-18 06:38 | Report Abuse

Dow Jones Sells Off As Russia Invasion Called 'Imminent';

Posted by masterus > 2022-02-18 10:54 | Report Abuse

Threat of Russian invasion of Ukraine 'very high': Biden

WASHINGTON: US President Joe Biden on Thursday said the threat of a Russian invasion of Ukraine was "very high" and could take place within days, despite Moscow's claim to be pulling troops from the border.

The threat is "very high, because they have not moved any of their troops out. They've moved more troops in," Biden told reporters at the White House. "We have reason to believe they're engaged in a false flag operation to have an excuse to go in."

Posted by masterus > 2022-02-18 21:00 | Report Abuse

(Feb 17): The Chinese yuan is making deeper inroads as a currency of choice for global payments, with international transactions climbing to their highest level ever.

Payments using the renminbi, as the currency is also known, jumped to a record 3.2% of market share, according to data from the Society for Worldwide Interbank Financial Telecommunications, breaking through its previous high set in 2015 that came on the back of a currency devaluation in a bid to increase exports.

Posted by lomas > 2022-02-21 23:08 | Report Abuse

https://www.sinchew.com.my/20220221/%E5%8D%B0%E5%B0%BC%E8%81%94%E6%98%8C%E5%95%86%E9%93%B6%E5%8E%BB%E5%B9%B4%E8%B5%9A12%E4%BA%BF-%E7%BB%AD%E8%90%BD%E5%AE%9E5%E5%A4%A7%E6%94%AF%E6%9F%B1%E7%AD%96%E7%95%A5/

Posted by chuhuifish > 2022-02-23 09:58 | Report Abuse

interest rate up

Posted by masterus > 2022-02-28 12:48 | Report Abuse

$125 Oil Could Push The U.S. Into A Recession
By Alex Kimani - Feb 27, 2022, 4:00 PM CST

Posted by smartly > 2022-02-28 18:18 | Report Abuse

propose div 12.55sen. RM6 coming....

Posted by Fabien _the efficient capital allocator > 2022-02-28 21:36 | Report Abuse

Results quite decent. ROE came in at 8%

FY2022 ROE target 8.5%-9%

Posted by sakthi > 2022-03-01 09:42 | Report Abuse

cimb today big drop what happen ?

Posted by Moratorium > 2022-03-01 09:54 | Report Abuse

Lousy result, lousy dividend. The loss due to IT issue

Posted by prudentinvestor > 2022-03-01 10:05 | Report Abuse

Very disappointing set of final quarter results. I would put my bet on Maybank, RHB Bank or Ambank rather than CIMB Bank.

Posted by drkelvin20 > 2022-03-01 10:09 | Report Abuse

Anybody know when is divident X-Date and payment date?

Posted by moneySIFU > 2022-03-01 11:21 | Report Abuse

Interesting price movement?..hmmmmm??.

Posted by freddiehero > 2022-03-01 13:18 | Report Abuse

amazing.. top2?

Posted by speakup > 2022-03-01 14:47 | Report Abuse

izzit pushed down for lower DRP price?

Posted by esfkiat123 > 2022-03-01 15:40 | Report Abuse

time to buy cimb

Posted by GTMS > 2022-03-01 16:09 | Report Abuse

Cimb affected by sanction?

Posted by masterus > 2022-03-01 16:28 | Report Abuse

Switzerland breaks 207-year-old rule to fight Russia
Eliza Bavin
Eliza Bavin
Tue, 1 March 2022, 8:33 am·2-min read

Around $15.6 billion in Russian assets will be frozen after Switzerland broke its stance on neutrality to impose sanctions on Russia amid the ongoing war in Ukraine.

This the first time Switzerland has broken its policy of political isolation since the 1815 Congress of Vienna formally recognised the nation's neutrality.

Posted by xxxx > 2022-03-02 06:21 | Report Abuse

Yes ah?

Posted by xxxx > 2022-03-02 06:22 | Report Abuse

Dato must be nuts!

Posted by Wow123 > 2022-03-02 11:15 | Report Abuse

can't be PN17 , 100 % for sure

Posted by Havefun > 2022-03-02 11:17 | Report Abuse

Who dare to catch the falling knife?

Posted by sunsetbiz > 2022-03-02 11:19 | Report Abuse

Datokyle just seem to be brainless guy keep spreading brainless news around....all the insider want him to loss all lol....:)

Posted by Moon1668 > 2022-03-02 11:23 | Report Abuse

If a public listed company gets sued, PN17 is the only warning that Bursa can give.

Posted by Havefun > 2022-03-02 11:32 | Report Abuse

Can report Dato to the moderator or not? ?

Posted by kengfp > 2022-03-02 11:35 | Report Abuse

interesting.....panic ppl throw, opportunist buy...bull bear fighting

Posted by investmalaysia618 > 2022-03-02 11:38 | Report Abuse

cimb pn17 malaysia collapse lo

Posted by IMIIMI > 2022-03-02 11:42 | Report Abuse

Sapu!! Hehe

Posted by prudentinvestor > 2022-03-02 11:46 | Report Abuse

"Can report Dato to the moderator or not? ?"
CIMB can sue him for spreading fake news. Just read his other comments and you will find out that we can't trust him.

Posted by Apple2353 > 2022-03-02 12:05 | Report Abuse

i3 admin should ban this Dato..

Posted by DatoKyle > 2022-03-02 12:11 | Report Abuse

i believe CIMB price will be below RM4.70 end of the day due to investors are throwing it ~

Posted by williamh > 2022-03-02 12:12 | Report Abuse

TP is 4.50-4.80

Posted by Yu_and_Mee > 2022-03-02 12:17 | Report Abuse

2.0

Posted by DatoKyle > 2022-03-02 12:17 | Report Abuse

My target TP for CIMB below RM4.. Feel hopeless on it right now!

Posted by williamh > 2022-03-02 12:19 | Report Abuse

May jump in if 5 not break next two days