Posted by YKS419 > 1 month ago | Report Abuse

dont worries , tomorrow will up back

Posted by stkoay > 1 month ago | Report Abuse

When retail interest increase, share price will become more volatile.
This stock has been volatile during the past 1 year up cycle....
....now, it has become more volatile.

Posted by stkoay > 1 month ago | Report Abuse

At current price, its' PE is still the lowest among the top 3 large cap bank.

Posted by Loh Kok Wai W > 1 month ago | Report Abuse

Tomorrow goreng kaki long holiday...visit Thailand happy hour...

Posted by Jason Lee Chinhan > 1 month ago | Report Abuse

Bye bye. Back to basic.

Posted by YKS419 > 1 month ago | Report Abuse

what happen to sotong now hmm

Posted by superman_ > 1 month ago | Report Abuse

Great! Dividend 0. 27

Posted by YKS419 > 1 month ago | Report Abuse

huhu merdeka angpao with dividend 0.27sen

Posted by prudentinvestor > 1 month ago | Report Abuse

Best performing bank over the past one year. Beats the second best performing bank by a wide margin.

Posted by SJSOON > 1 month ago | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229864&name=EA_FR_ATTACHMENTS

Posted by SJSOON > 1 month ago | Report Abuse

interim dividend 20 cents and special dividend 7 cent

Posted by stkoay > 1 month ago | Report Abuse

Fatt tatt lo....
Congratulations...
Cheers......

Posted by stkoay > 1 month ago | Report Abuse

@prudentinvestor, not too late to buy for long-term...

Posted by Pinky > 1 month ago | Report Abuse

YES! No regrets investing in CimBeng!

Posted by paulthesotong > 1 month ago | Report Abuse

Goodness... ChineseIndianMalay Bank.!

Posted by pang72 > 1 month ago | Report Abuse

Speechless earning + dividend

Posted by Mabel > 1 month ago | Report Abuse

Brilliant!

Thank you CIMB!

Meow Meow Meow

Posted by prudentinvestor > 1 month ago | Report Abuse

First half year dividend already 27 sen a share. Assuming CIMB Bank also pays 27 sen a share again in the second second half (it may pay more than 27 sen a share), total dividend payment would be very close to Maybank's annual dividend. Another Maybank in the making?

Posted by stkoay > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/725040

KUALA LUMPUR (Aug 30): CIMB Group Holdings Bhd (KL:CIMB) says it is optimistic about the growth of its non-interest income amid the flow of funds into emerging Asian markets prompted by the imminent global interest rate cuts.

Currently, the non-interest income to total income ratio of the bank stands at 31.9%.

“We're seeing increased foreign flows into our capital markets," said CIMB's newly appointed chief executive officer Novan Amirudin on Friday. "And I'm proud to say that we have been at the forefront in terms of facilitating some of these flows into our country.”

Posted by stkoay > 1 month ago | Report Abuse

Very positive guidance for 2nd half year.

Posted by Mabel > 1 month ago | Report Abuse

prudentinvestor First half year dividend already 27 sen a share. Assuming CIMB Bank also pays 27 sen a share again in the second second half (it may pay more than 27 sen a share), total dividend payment would be very close to Maybank's annual dividend. Another Maybank in the making?
30/08/2024 8:12 PM

stkoay Very positive guidance for 2nd half year.
30/08/2024 10:10 PM

CIMB Bank’s recent performance is indeed impressive! With a first-half dividend of 27 sen per share, if they match or exceed this in the second half, the total annual dividend could rival Maybank’s who has been a strong performer in terms of dividends, so CIMB’s potential to match this is noteworthy

Diversifying across several banks is a smart approach, especially when focusing on dividend yields. This strategy can help spread risk and take advantage of the strengths of different institutions. Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024 for most):

*Revenue*

Maybank: MYR 14.92 billion
CIMB: MYR 5.6 billion
BIMB: MYR 590.2 million

*Earnings (Net Profit)*

Maybank: MYR 5.02 billion
CIMB: MYR 1.96 billion
BIMB: MYR 137.2 million

*Dividend*

Maybank: 29 sen per share
CIMB: 27 sen per share
BIMB: 4.22 sen per share

Happy Merdeka Every One!

Meow Meow Meow

Posted by KingKKK > 1 month ago | Report Abuse

CIMB: Uptrend Continues - Is the Best Yet to Come? (Uptrend + Bullish) - KingKKK

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-08-31-story-h468112217-CIMB_Uptrend_Continues_Is_the_Best_Yet_to_Come_Uptrend_Bullish_KingKKK

Posted by stkoay > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/725074

(Aug 31): Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the US Federal Reserve (Fed) looks set to embark on monetary easing.

Exchange-rate watchers see likely further weakness in the greenback giving emerging-market currencies more wind in their sails. With foreign currency holdings at banks in Malaysia and Indonesia near a record according to data compiled by Bloomberg, more support is seen coming when exporters convert their dollars into local currencies.

Southeast Asia is “undervalued, under-invested and under-researched, which means a lot of alpha”, said John Foo, the founder of Valverde Investment Partners Pte Ltd. It’s “at a new beginning as global allocators position back in the region”, he added.

Posted by stkoay > 1 month ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/08/1098997/cimb-has-nearly-rm5bil-data-centre-deals-pipeline-group-ceo

KUALA LUMPUR: CIMB Group Holdings Bhd has close to RM5 billion worth of deals in the pipeline for data centres.

Group chief executive officer Novan Amirudin said a lot of conversations that take place, including those with foreign investors today, revolve around data centres and the right ways to structure the deals.

"In the pipeline, we have close to RM5 billion in total, in terms of the number of deals (on data centres) that we are discussing.

"The ones we have mobilised which include signing, is about half a billion," he told reporters in a media briefing for the group's financial results in the second quarter of 2024.

Posted by Mabel > 1 month ago | Report Abuse

Thank you so such KKK and stkaoy!

Meow Meow Meow

Posted by pang72 > 1 month ago | Report Abuse

27c dividend is never in my dream. But, it happen...
It is like striking toto

Posted by dompeilee > 1 month ago | Report Abuse

KLCI beginning to look more bullish than early 2017:
https://www.youtube.com/watch?v=q4GUsQfnrHo

Posted by stkoay > 1 month ago | Report Abuse

We updated the beta and lowered our market risk premium from 6% to 5.5% for the banking sector on the back of the improving economic environment in Malaysia, the banking system’s healthy asset quality and capital ratios, stable interest rate environment and more positive investor sentiments. With that, we raise CIMB’s TP from RM8.14 to RM9.48. Our valuation is based on an implied PBV of c. 1.32x based on the Gordon Growth Model and a 3% ESG premium. Buy maintained on CIMB.

Source: TA Research - 2 Sept 2024

Posted by pang72 > 1 month ago | Report Abuse

Sotong garang lol

Posted by stkoay > 1 month ago | Report Abuse

Sotong is Best Performing Bank :)

Posted by stkoay > 1 month ago | Report Abuse

Can now hold long term for its' improving dividend, like holding Maybank previously.

Posted by stkoay > 1 month ago | Report Abuse

In our view, a key takeaway from the briefing was where management thinks a comfortable CET-1 ratio should be, given factors such as regulator expectations and peer CET-1 levels. For now, that level is 14.5%. We believe investors now have better visibility on excess capital payouts. If CIMB can contain its full-year risk-weighted assets or RWA expansion to low-single digit, all else equal, another 7 sen special DPS in 4Q24 is possible.

We raise our TP to MYR8.90 on a higher GGM-derived P/BV of 1.22x – in line with its long term mean. Our TP includes an unchanged 6% ESG premium.

Source: RHB Research - 2 Sep 2024

Posted by pang72 > 1 month ago | Report Abuse

Yes, I agreed to hold longer because CIMB is, simple front liner bank connected by government to foriegn investing fund to get loan for malaysia project

Posted by pang72 > 1 month ago | Report Abuse

Quote example of $5billions loan for upcoming data center

Posted by pang72 > 1 month ago | Report Abuse

Just sit for growth + dividend for Sotong

Posted by Mabel > 1 month ago | Report Abuse

First half dividend of RM0.27 announced
Shareholders will receive a dividend of RM0.27.
Ex-date: 13th September 2024
Payment date: 27th September 2024
Dividend yield will be 6.4%, which is higher than the industry average of 5.1%.

2Q24 results within expectations

CIMBs 2Q24 earnings were within expectations, but we raise our FY24-26E net profit forecasts by a marginal 3% respectively, to factor in lower credit cost assumptions. We roll forward valuations and raise our PBV target to 1.3x (1.1x previously), supported by a higher FY25E ROE of 11.2%. Our TP is raised to MYR9.20 from MYR7.70, with a prospective dividend yield of 5.7% for FY24E. BUY

Well Done Team!

Posted by pang72 > 1 month ago | Report Abuse

Sotong /Harimau can concur malaysia banking sector

Posted by stkoay > 1 month ago | Report Abuse

Bro pang72 must be laughing till legs too weak to walk to the bank
...hahaha

Posted by stkoay > 1 month ago | Report Abuse

Since no laughing all the way to the bank to cash out.....
....so hold long long :p

Posted by pang72 > 1 month ago | Report Abuse

Stkoay,
No cash out la.
Bank is just started the cat walk only.. Some pee healthy dividend..
Nanti cat walk finish will terbang kuat kuat till everyone rushing in mania
Then, we sell to them

Posted by pang72 > 1 month ago | Report Abuse

Most IB upgraded Sotong target from 8 to 9..
So, we shall see $9 by next QR out

Posted by pang72 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/725040

CIMB optimistic about non-interest income growth amid foreign fund flows
By John Lai / theedgemalaysia.com
30 Aug 2024, 08:40 pm
main news image
CIMB group chief executive officer Novan Amirudin (Photo by Shahrill Basri/The Edge)

KUALA LUMPUR (Aug 30): CIMB Group Holdings Bhd (KL:CIMB) says it is optimistic about the growth of its non-interest income amid the flow of funds into emerging Asian markets prompted by the imminent global interest rate cuts.

Currently, the non-interest income to total income ratio of the bank stands at 31.9%.

“We're seeing increased foreign flows into our capital markets," said CIMB's newly appointed chief executive officer Novan Amirudin on Friday. "And I'm proud to say that we have been at the forefront in terms of facilitating some of these flows into our country.”

The increased fund flows are also due to concerted efforts by the government, including targeted foreign direct investment (FDI) programmes and directives to government-linked investment companies to repatriate their overseas profits to the country, said Novan at a press conference following the release of CIMB's second-quarter results

Posted by pang72 > 1 month ago | Report Abuse

Cimb is so good, you see

Posted by pang72 > 1 month ago | Report Abuse

Maybank IB upgraded target from $7.70 to $9.20

Do you see the power?

Posted by pang72 > 1 month ago | Report Abuse

Various IB new target price range from $8.70 to $9.45

Posted by pang72 > 1 month ago | Report Abuse

Cimb got an exciting journey till next QR

Posted by pang72 > 1 month ago | Report Abuse

财经
发布于 2024年09月02日 13时15分 • 最后更新 13分钟前 • 整理：曾国章
主宰马股浮沉　外资净买额创8年单周新高！
外资
492
次转发
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（吉隆坡2日讯）外资在上周净买入价值15亿令吉的马股，创下2016年3月18日以来的单周新高纪录。

根据MIDF研究的报告，外资主要买入3大领域的股票：金融（13亿令吉）、公用事业（2亿5970万令吉）及建筑（8870万令吉）。

另一方面，外资卖最多的是科技股、交通和物流股及工业股，分别净卖6040万令吉、5720万令吉和4100万令吉。

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本地机构投资者率散户退场

与此同时，本地机构投资者在上周净卖12亿6000万令吉的马股，为2022年3月以来的最高水平。散户则跟随本地机构的步伐，净卖2亿4540万令吉的马股，并已连续二周退场。


在交易量方面，外资在马股的每日平均交易量增加了49.90%，而本地机构和散户的交易量则分别下跌0.40%和2.8%。

Posted by pang72 > 1 month ago | Report Abuse

Wow! Record higher net in flow by single week since 2016.

Posted by pang72 > 1 month ago | Report Abuse

Bank. Bank bank...
Bang bang!!

Posted by Jettson8 > 1 month ago | Report Abuse

Will CIMB's share price catch up with Maybank ? 😀