Posted by pang72 > 1 month ago | Report Abuse

Just add in dip...

Posted by pang72 > 1 month ago | Report Abuse

Sotong will not regret you....
$9 is not a dream..
$10 is coming juga

Posted by pang72 > 1 month ago | Report Abuse

Happy consolidation Sotong

Posted by vinvin > 1 month ago | Report Abuse

Ha ha ha, why is Jason coming active here?!!!

Posted by pang72 > 1 month ago | Report Abuse

He wanna buy cheap mah

Posted by pang72 > 1 month ago | Report Abuse

However, we didn't wanna sell cheap to him
So, he continues wayang here lo..

Sotong is well support by FF...

So, we just sit for dividend enough

Posted by pang72 > 1 month ago | Report Abuse

This consolidation end by this week
Then, it will kick start the engine again

Posted by vinvin > 1 month ago | Report Abuse

Good share, high price still can make money!

Posted by vinvin > 1 month ago | Report Abuse

I still keep Sotong for dividends, twice a year! Very, very good! 👍👍👍

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

Don't simply give false hope

Posted by vinvin > 1 month ago | Report Abuse

Say what u like, I’m still holding Sotong for dividends as I bought Sotong cheap.

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

😂

Posted by KingKKK > 1 month ago | Report Abuse

FBMKLCI Shake-Up in Q3: Sector WINNERS and LOSERS - YTLPOWER, MAYBANK, YTL, HARTA, TOPGLOV, CIMB, GAMUDA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-29-story-h470135190-FBMKLCI_Shake_Up_in_Q3_Sector_WINNERS_and_LOSERS

Posted by enning22 > 1 month ago | Report Abuse

ringgit has strengthen quite a lot ,that disturbs market sentiment ,stocks become more costly for foreigners and investment funds.

Posted by vinvin > 1 month ago | Report Abuse

Now, waiting for recovery!

Posted by Mabel > 1 month ago | Report Abuse

Today STI also soar another 13 points in the afternoon while our FBMKLCI is on a shake up starting the week with more than 7 points down. Fortunately it is trading above the 1st Support level of 1649…

Hence, Mabel used this opportunity to strengthen her Banking sector..

Today Mabel top up at 8.1 and 8...

So apy with today's collection...

Sotong so power...

To Our Success!

Meow Meow Meow

Posted by stkoay > 1 month ago | Report Abuse

So attractive, topped up during pre close at 8.05...

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

New target price 7.00 🙄

Posted by prudentinvestor > 1 month ago | Report Abuse

CIMB Bank went up by 21.5% in the third quarter. Time for consolidation this quarter rather than going up non stop.

Posted by Mabel > 1 month ago | Report Abuse

# stkoay So attractive, topped up during pre close at 8.05...
30/09/2024 5:00 PM

Indeed stkaoy..

CIMB is now in Pole Position after overtaking Gamuda in Mabel's 12 Portfolio, thanks for accumulating yesterday when at it was sold at a Bargain Price. KLCI is up by 1 points today..

CIMB has never failed to deliver when it matters!!!

To Our Success !!!

Posted by stkoay > 1 month ago | Report Abuse

After recent strong gain, some consolidation to build a strong base is good for its longer term performance.
Current EPS is about 70 sen.....management gave a guidance of double digit EPS growth for the next 3 years....
Buy and hold for long term should be very rewarding.
Price might be volatile in the short term due to recent sharp gain.

Posted by stkoay > 1 month ago | Report Abuse

Short term investor who has cash out might be happy to see price corrects...
...come back next year to look at the price and see if you are smart.

Posted by superman_ > 1 month ago | Report Abuse

I bough CIMB on early sept... still holding...

Posted by stkoay > 1 month ago | Report Abuse

1st day of 4th Q, stocks are warming up for next run.....
4th Q is normally good for stocks....
...hope this year is bull 4th Q due to declining interest rates....

Posted by Mabel > 1 month ago | Report Abuse

Indeed..

today so apy...

CIMB - Single-Tier First Interim Dividend of 20.00 sen & Single-Tier
Special Dividend of 7.00 sen per ordinary share

Earlier it was Maybank for 29 sen..

Thank you so much CMIB and Maybank...

Meow Meow Meow

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

41,985.14

-345.01

0.81%

Nasdaq

NASDAQ Composite

17,935.86

-253.30

1.39%

Posted by Mabel > 1 month ago | Report Abuse

#stkoay 1st day of 4th Q, stocks are warming up for next run.....
4th Q is normally good for stocks....
...hope this year is bull 4th Q due to declining interest rates....
01/10/2024 4:54 PM

Yes, Time travel fast when you are having fun. Q4 has begun..

Stocks closed higher to start the week and end the month, with all major indexes in the green for September at Wall Street.

Monthly gains: Dow up 1.85%, S&P 500 up 2.02%, Nasdaq up 2.68%, Russell 2000 up 0.56%, S&P 400 up 0.98%.

Q4 outlook: Historically the best quarter for stocks, with the S&P 500 typically increasing by over 4% and being up 80% of the time since 1950. Inflation continues to ease, and the focus shifts to the upcoming Employment Situation report.

Fed Chair Jerome Powell’s comments: Indicated two more rate cuts this year, totaling 50 basis points, which is consistent with previous statements. Stocks initially sold off but quickly recovered, viewing Powell’s comments as bullish. Chicago PMI and Dallas Fed Manufacturing Survey showed mixed results indicating a soft landing and no recession.

Malaysian KLCI was the best performing index this year until the Dragon wakes up last week in China with a strong Bazooka. Now the Chinese Index in Hong Kong and Mainland China has overtaken KLCI.

Fortunately KLCI valuation is still 14X against historical high at 16X to 18X. when KLCI was at the peak in 2018. Our economy is improving, Relative Stable Politics, Better expectation of corporate earnings in 2H, Foreign Investors positioning is still light.

There’s optimism for a strong finish to the year and let's hope for the Best !

Meow

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

Still giving fake hopes. next target price 7.00. 😉

Posted by superman_ > 1 month ago | Report Abuse

I bough CIMB again at 8.01, and also can't resist gamuda discount and add some at 7.82. Buy until bullet is empty!

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

Is it deep enough?? This is just the starting.

Posted by enning22 > 1 month ago | Report Abuse

With RM85.4 billion in foreign investments secured in the first half of 2024 alone, what's
so interesting for Malaysia.?

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

now or never😀 See You Again

Posted by mf > 1 month ago | Report Abuse

Name
Last
High
Low
Chg.
Chg. %
Time
US 30
42,045.5 42,152.1 42,000.5 -111.5 -0.26%
03:30:16
US 500
5,699.0 5,710.9 5,687.3 -9.8 -0.17%
03:30:19
US Tech 100
19,739.2 19,786.3 19,677.9 -33.6 -0.17%
03:28:33

Posted by stkoay > 1 month ago | Report Abuse

48m shares changed hands...
...good consolidation...
...more changed hands, can slowly top up

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

the dive is so deep today...

Posted by JJPTR > 1 month ago | Report Abuse

BlueCHIP are all in bloodbath. Is market waiting for an attack on nuclear facilities in Iran ? US President Biden say NOoooooooo.
Will Israel listen?

Posted by qqq47660 > 1 month ago | Report Abuse

not blood bath....just re allocation to China.

Posted by vinvin > 1 month ago | Report Abuse

More people r in here. Good sign!

Posted by stkoay > 1 month ago | Report Abuse

Support is good....profit taking well absorbed...

Posted by enning22 > 1 month ago | Report Abuse

best buy, target price 10+ ringgit

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

😀

Posted by stkoay > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/10/04/hlib-banking-system-continues-to-be-strong-well-positioned-to-weather-shocks

HLIB said with the price run-up of banking stocks in August and the ringgit performing strongly, foreign investors are sitting on handsome currency and capital gains.

"As such, banks are susceptible to selling pressure. That said, pull-backs are healthy and are opportunities to buy on weakness,” it said.

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

Sharp knife ahead.

Posted by Mytime > 1 month ago | Report Abuse

Only fools will catch a falling knife

Posted by enning22 > 1 month ago | Report Abuse

buy low sell high , it is the name of the game

Posted by prudentinvestor > 1 month ago | Report Abuse

"buy low sell high , it is the name of the game"
Easier said than done. When CIMB Bank dipped below RM3 in 2020, many thought it could go lower. For those who had bought at around RM3, some could have started selling at RM3.50. Very, very few who had bought CIMB in 2020 keep their shares until today.

Posted by speakup > 1 month ago | Report Abuse

Now is Buy High, sell Higher

Posted by enning22 > 1 month ago | Report Abuse

economic cycle, which fluctuates

Posted by prudentinvestor > 1 month ago | Report Abuse

If CIMB Bank could maintain its earnings at above 18 sen a share for the next two quarters and increase its final dividend to 30 sen a share then it is still not too high and worth a second look.

Posted by enning22 > 1 month ago | Report Abuse

with gdp at 5.9 % growth for malaysia, and Indonesia gdp figure at 5 %, both cimb,and cimb niaga, earning will continue to grow.