Posted by Vin Cullen > 2016-05-15 03:44 | Report Abuse

Last friday KLCI seem like hammered at 1620 ~ recover almost 10point++

Posted by BoPoint > 2016-05-15 13:25 | Report Abuse

It has no reason to bounce back from its previous RM4 region. Now that MSCI reduction, we expect to see CIMB to fall below RM4. Rated as BUY below RM3.7

Posted by shortinvestor77 > 2016-05-15 13:41 | Report Abuse

Who are you "we" BoPoint? Can't you see the volume so much 90,422,700? There are many buyers see good prospect of CIMB. These buyers are going to buy it down and hope you don't get even a share bought and it will definitely bounce up as its business is good. It is also now a good div stock at the price. If you have no CIMB share, leave this forum.

Posted by Usd888 > 2016-05-15 21:28 | Report Abuse

Trust me BoPoint my target price 3.40 keep for long term!!!

Posted by BoPoint > 2016-05-15 22:01 | Report Abuse

I am confident enough to bet with you that the block of buyers are EPF, while Mitsubishi UFJ could still be selling. Business is good? Good Div Stock? 2 points mentioned easily lose out to Maybank and Public Bank. Read and research before you invest. It is not hard to lose money in investing if you're not careful enough with stock selection. Best regards/

Posted by vinvin > 2016-05-15 22:33 | Report Abuse

BoPoint, why not compare their prices..........Cimb, Maybank n Public Bank??? I still prefer to invest in Cimb!!!

Posted by BoPoint > 2016-05-16 09:08 | Report Abuse

Price is what you pay. Value is what you get. As an investor, I would be happy to help out on valuation but please do more research on fundamentals (Business models, working culture, management expertise, political links etc). Forget about financial valuation as most bank stocks are deemed undervalued (if you merely use financial ratios). The sector will continue to trade at such valuation because of mess and complications we are seeing. One example will be macro issue like interest rate, national issue like poor housing market (low loan approval rate).

Hope this helps.

Posted by Vin Cullen > 2016-05-16 10:08 | Report Abuse

Another hammered at RM4.30 ~~ Anyone dare to collect ?

Posted by Willy Lye > 2016-05-16 10:17 | Report Abuse

It may reach 4.05-4.15. Hold on first.

Posted by oasischeah > 2016-05-16 11:11 | Report Abuse

Malaysia Blue chips are getting worse foreign investors are so careful.You see only EPF and other GLC buying Malaysian shares now.

Posted by Loy Loy > 2016-05-16 12:12 | Report Abuse

when the market is bad, less people will gamble in speculative stocks while more will flock to safe counter like CIMB. Valuation is what you will get as some self prophecy here may tell you, I do not see why CIMB is not a good counter given the last dividend pay out and a higher earning report coming soon. At the current valuation, it is oversold, only the shorts will tell you otherwise, pick up some if you can, I am seeing it returning to 5.50 soon.

Posted by BoPoint > 2016-05-16 13:51 | Report Abuse

I'm not sure on what basis 5.50 you're expecting, maybe technically? I'm also not sure if CIMB is a good counter but as an analyst in banking sector (though I was previously working in Europe), my only concern is if CIMB's ASEAN growth is intact. CIMB Niaga’s gross NPL ratio rose again to 3.90% end-Mar 2016. Credit costs increased at 285 bps in 1Q16. It is a worrying figure which highly reflects how bad a banking business (and the local economy) could be.

Let's hope CIMB is doing better in Malaysia and other markets.

Posted by vinvin > 2016-05-16 15:15 | Report Abuse

I Q buy at 4.30 n still could not get!!! What the fuss???!!!

Posted by hng33 > 2016-05-16 15:31 | Report Abuse

Bought last batch CIMB at 4.31

Posted by Daniel Liaw > 2016-05-16 15:33 | Report Abuse

with this trend it might reach new low.

Posted by cooling > 2016-05-16 15:38 | Report Abuse

more to come...

http://www.theedgemarkets.com/my/article/foreign-net-selling-malaysian-shares-tops-rm1b

Posted by firehawk > 2016-05-16 15:46 | Report Abuse

OK, waiting it below 4 again :-)

Posted by bb2014 > 2016-05-16 15:49 | Report Abuse

Hope will reach new low

Posted by mamatede > 2016-05-16 15:53 | Report Abuse

pray hard..

Posted by BoPoint > 2016-05-16 15:57 | Report Abuse

Please consider this stock when it is priced below RM4. The lower the better for a higher safety margin.

Posted by rkpvr > 2016-05-16 16:22 | Report Abuse

Will wait for 4.25 then shall pick up ,,,good luck guys

Posted by lazycat > 2016-05-16 16:26 | Report Abuse

hng33 you going holland?

Posted by cooling > 2016-05-16 16:39 | Report Abuse

hng33: bought last batch at 4.28 hehe

Posted by cooling > 2016-05-16 16:53 | Report Abuse

hng33: sold at 4.30 yayyy

Posted by chewch > 2016-05-16 16:56 | Report Abuse

break 4.3 can sapu

Posted by zuolun > 2016-05-16 17:07 | Report Abuse

The short- and intermediate-term trends are now bearish for Malaysia. http://www.elliottwave.com/Asian-Markets/Malaise-for-Malaysias-Stock-Market-Just-the-Beginning

Posted by vinvin > 2016-05-16 17:11 | Report Abuse

cooling, how u make profit when u bought at 4.28 n sold at 4.30 ...........not even enough to pay for the broker fees n etc.....???!!!

Posted by cooling > 2016-05-16 17:14 | Report Abuse

haha...that's why this is called Sin Ka Laning...

Posted by lcwin > 2016-05-16 18:18 | Report Abuse

CIMB loan quality is way below industry averages due to their aggressive expansion in the last few years.
Always remember a lot of sub prime loans have massaged collaterals. When the shit hits the fan NPL will usually jump many times over the norms. CIMB Indon could be the black swan in a crisis situation. Ask around your banker friends and see how they perceive Cimb and make your investment decision.
To me Maybank n PBB is still the better bet with slightly higher PE.

Posted by freemoney456 > 2016-05-16 20:33 | Report Abuse

Agree on your take on CIMB. Excesses of yesteryears coming back to roost. Time management take a relook at the compensation levels especially on the equity side.

Posted by kk123 > 2016-05-16 20:36 | Report Abuse

Cimb is a typical failure..
Its ceo though is a multi millionaire -nazir due to high good pay and share option package

Posted by vinvin > 2016-05-16 20:45 | Report Abuse

kk123, r u still dreaming??? Don't know who is the CEO now!!! Don't simply talk rubbish!!! What failure???

Posted by oasischeah > 2016-05-16 21:08 | Report Abuse

Why all the markets all over Asia is on Positive ++.
Malaysian market is the lone Negative - -

Posted by spaceman123 > 2016-05-16 21:50 | Report Abuse

For those uninitiated, the fall coincided with the MSCI Index weightage rebalancing.. accumulate at weakness.

Posted by paperplane2016 > 2016-05-16 21:52 | Report Abuse

If they got !any oil n gas in loans, and if high npl, good luck loh!

Posted by kk123 > 2016-05-16 21:58 | Report Abuse

Ex ceo extracted maximum benefits via share and bonus package
While The shareholders keep seeing share drop

Posted by spaceman123 > 2016-05-16 22:01 | Report Abuse

For any corporate and commercial divisions within any banks, it's hard to find zero exposures to oil and gas sectors unless you're pure consumer bank. NPLs are opaque unless they are being announced. Your guess is as good as mine. However, everything has a price.

Posted by apabolehbuat > 2016-05-17 08:18 | Report Abuse

The chart for the last 5 years looks terrible - all in a downtrend. Not my cup of tea. Good luck!

Posted by timss > 2016-05-17 09:46 | Report Abuse

People tend to throw in all kinds of negative comments when the shares plunge.. Gain and loss very much dependent on your own judgement. If you feel this share has good potential, then hold it tight and wait for the cyclic rebound later. Maybe M slight regret for not taking profit earlier when it shoots up close to RM5..

Posted by hng33 > 2016-05-17 09:50 | Report Abuse

Rebounding back :D)

Posted by savy_investor > 2016-05-17 09:51 | Report Abuse

can buy?

Posted by timss > 2016-05-17 10:09 | Report Abuse

It is oversold... too bad has no extra bullet and confidence to leverage down while it dropped below 4.30.....good luck for those brave comrades...

Posted by rkpvr > 2016-05-17 10:42 | Report Abuse

Can wait till it goes below 4.25 then will be the right time to buy in my opinion

Posted by rkpvr > 2016-05-17 10:43 | Report Abuse

OCR...HH Group will be a good counter to play now...Good luck guys

Posted by deric123 > 2016-05-17 16:08 | Report Abuse

i think will go below than 4.25.. mkt up 10+ points also not moving..but it will follow if mkt tank

Posted by Vin Cullen > 2016-05-17 16:29 | Report Abuse

Vol. too heavy...
I think will only up once the the vol. getting less !!

Posted by shortinvestor77 > 2016-05-17 22:51 | Report Abuse

券商唱好銀行股
http://www.chinapress.com.my/20160517/%E5%88%B8%E5%95%86%E5%94%B1%E5%A5%BD%E9%8A%80%E8%A1%8C%E8%82%A1-%E5%A4%A7%E7%9C%BE%E9%8A%80%E8%A1%8C%E6%BC%B216%E4%BB%99/

Posted by Loy Loy > 2016-05-18 10:32 | Report Abuse

In macro view, the world economy is looking good for growth, with oil prices low and America economy picking up steam. The market is playing down all this data because of fear that The Federal Reserve is going to up the interest rate, it is only a matter of time that the market have to go up and when it comes, it will be fast and furious. Counter like CIMB will climb faster for the selling was over done and it generally generate more interest then the other banking counter. Just look at the daily volume and you know. It can be the evil stock when the market was down, it will be the darling when it reversed.

Posted by Loy Loy > 2016-05-18 10:43 | Report Abuse

the contra buyers whom have weak holding power from last fri and mon are now being flushed out of the market, by afternoon we should be CIMB back in positive...I think this is the bottom if there is no more negative market news.

Posted by Vin Cullen > 2016-05-18 11:42 | Report Abuse

For me...I'll buy abit now...Since KLCI strong hammered this morning... RM4.35 ~ Who dare to collect ? :D