CAHYA MATA SARAWAK BHD

KLSE (MYR): CMSB (2852)

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Last Price

1.35

Today's Change

0.00 (0.00%)

Day's Change

1.33 - 1.36

Trading Volume

1,134,000


14 people like this.

9,674 comment(s). Last comment by sivapakiam311056 21 hours ago

Posted by tingpangeng > 2021-06-30 18:11 | Report Abuse

EPF is looking for money everywhere to meet i Citra demand ...sold off 10 millions shares of blue chip Harta hence is CMSB is not spared

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 18:20 | Report Abuse

SIBU: Sarawak will reopen its economy in August once 80% of its 2.08 million population is vaccinated against Covid-19, says Chief Minister Datuk Patinggi Abang Johari Openg.

monetary

4,447 posts

Posted by monetary > 2021-06-30 18:29 | Report Abuse

expecting state election in September?

Posted by Godstock8888 > 2021-06-30 18:36 | Report Abuse

Market still waiting for issue cfo , just wait

monetary

4,447 posts

Posted by monetary > 2021-06-30 18:54 | Report Abuse

no lar. director board all reshuffled. cfo is small matter. market waiting for EPF throws finish

siaokar

1,410 posts

Posted by siaokar > 2021-06-30 18:59 | Report Abuse

should be safe if no book cooking involved.

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 19:14 | Report Abuse

CMSB problem is the financial official caused company to lose money in the last 3 financial years...where got book cooking involved ? Not like SD reporting billions of doubtful contracts.

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 19:22 | Report Abuse

By this week EPF should finish dispose all their holding in CMSB....next week CMSB should continue its uptrend.

siaokar

1,410 posts

Posted by siaokar > 2021-06-30 19:25 | Report Abuse

losing money is not a crime but cooking the damn books is.
should be safe unless someone found skeleton in the closet like sd.

Posted by tingpangeng > 2021-06-30 20:20 | Report Abuse

A quick refer to Bursa announcement , EPF trimmed the share holding from 99 million on 23/6 to 64 million shares ,climax on 25/6 plus last few days continuous subsided disposable has stabilise/plateau the share price which might leads to sideway moving forward bearing no more major disposal until period it will pick up or down momentum again depending on whether or -ve catalyst news. My two cents .

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 21:29 | Report Abuse

CMSB !

https://fb.watch/6saNEfQfIi/

siaokar

1,410 posts

Posted by siaokar > 2021-06-30 21:31 | Report Abuse

4444, summarize for us later

meisarel

653 posts

Posted by meisarel > 2021-06-30 21:34 | Report Abuse

Epf buy and sell based on their mandate and targets. Whilst it may be a good indicator on any stock‘s future movements, sometimes the opposite happens.

Look at the glove counters especially TopGlove and see how sometimes EPF buy even at higher prices, and later you can see disposal at lower price later. They may have entered at various stage during uptrend or downtrend of any stock and the reason for selling/buying is only known to them (i.e end Q2 adjustment, I-sinar etc etc, you name it).

In the case of CMSB, it is not entirely surprising to see EPF come back and wallop CMSB shares at a later date even at higher prices. Why? Reason only known to them. As long as the company is stable and have good growth prospect, that is more important to me.

CMSB is definitely well sought after recovery theme play stock. Just need to be patient.

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 21:35 | Report Abuse

Sifu Pang asked to buy CMSB and other Sarawak counters in anticipation of Sarawak state election in August or September. Strong support at 1.10. Price may double when the day election results was announced.

siaokar

1,410 posts

Posted by siaokar > 2021-06-30 21:38 | Report Abuse

who is sifu pang? can trust or not?

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 21:38 | Report Abuse

Mentioned no need to fear about the problem as the son of Taib M is in the management team again. Seems EPF is the biggest seller right now. Sooner or later EPF will have zero share in CMSB.

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 21:41 | Report Abuse

EPF can't wait until August/September because now needs huge cash urgently for i-Citra payment in July.

siaokar

1,410 posts

Posted by siaokar > 2021-06-30 21:43 | Report Abuse

ok thanks 4444 i appreciate it

grtbcco

100 posts

Posted by grtbcco > 2021-06-30 22:09 | Report Abuse

Cmsb call warrant which one more potential?

Investor48

1,330 posts

Posted by Investor48 > 2021-06-30 22:26 | Report Abuse

Tomorrow might drop a bit..
Friday might drop more..

Hehe...

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 23:27 | Report Abuse

Drop then can buy cheaper... good news too

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 23:27 | Report Abuse

c27

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 23:28 | Report Abuse

Up can sell for profit, down can buy cheaper price, both also good news. Sure win !

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-30 23:30 | Report Abuse

Then wait for election rally sell all hopefully 2.00 or more.

monetary

4,447 posts

Posted by monetary > 2021-07-01 08:54 | Report Abuse

EPF unlikely to unload all. now holding 6% if stop disposing share price could slowly move up

monetary

4,447 posts

Posted by monetary > 2021-07-01 09:24 | Report Abuse

Karim stocks also stop diarrhea. could this b the turning pt for Srw stocks?

meisarel

653 posts

Posted by meisarel > 2021-07-01 10:20 | Report Abuse

@monetary

The fact that CMSB stopped cirit birit the past few days when the market is red and bearish is an encouraging sign :p

Needluck

514 posts

Posted by Needluck > 2021-07-01 11:39 | Report Abuse

can go above 1.20 today?

Investeye

2,347 posts

Posted by Investeye > 2021-07-01 11:43 | Report Abuse

Move above 1.20 firmly is crucial to spin off the consolidation and signal for uptrend.

monetary

4,447 posts

Posted by monetary > 2021-07-01 13:25 | Report Abuse

wow! today Srk day? all 3 controversial Srk stocks U turn!

monetary

4,447 posts

Posted by monetary > 2021-07-01 13:26 | Report Abuse

4 cms

Calvin882

1,562 posts

Posted by Calvin882 > 2021-07-01 14:40 | Report Abuse

TP 2.5

Calvin882

1,562 posts

Posted by Calvin882 > 2021-07-01 15:08 | Report Abuse

Hopefully can break 1.35 today

TedTock

926 posts

Posted by TedTock > 2021-07-01 15:11 | Report Abuse

Interesting…

Needluck

514 posts

Posted by Needluck > 2021-07-01 16:24 | Report Abuse

dont know can close at 1.25 bo....

Needluck

514 posts

Posted by Needluck > 2021-07-01 16:32 | Report Abuse

someone keep block 1.25....

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-01 16:54 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-07-01 16:59 | Report Abuse

look at the closing demand at 1.24. all chips distributed. tomorrow can expect up again?

monetary

4,447 posts

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

don't be surprised epf rebalancing it's stakes in serba & cms. cms is much healthier.

grtbcco

100 posts

Posted by grtbcco > 2021-07-01 17:11 | Report Abuse

Cmsb call warrant waked up

greedy44444

2,497 posts

Posted by greedy44444 > 2021-07-01 20:22 | Report Abuse

2.00 coming soon

greedy44444

2,497 posts

Posted by greedy44444 > 2021-07-01 20:23 | Report Abuse

Uptrend just started...on the way up until Sarawak election

Posted by ipohwhitecoffee > 2021-07-01 20:24 | Report Abuse

Buy mother don't buy warrant anytime your investment become zero.
So risky.

U-turn back to 1.50 also happy already lah!

greedy44444

2,497 posts

Posted by greedy44444 > 2021-07-01 20:32 | Report Abuse

The state legislative assembly's term expired on June 6, but the Yang di-Pertuan Agong has advised the state government to continue functioning under the Emergency Ordinance.

The state election must be held within 60 days of the lifting of the Emergency.

meisarel

653 posts

Posted by meisarel > 2021-07-01 21:08 | Report Abuse

October 2020 : RM 1.06
February 2021: RM 2.20

More than 100% in 3 months. CMSB is capable of that.

The selling is overdone. Time for CMSB to reclaim lost ground.

siaokar

1,410 posts

Posted by siaokar > 2021-07-01 21:13 | Report Abuse

ok tomorrow buy in

greedy44444

2,497 posts

Posted by greedy44444 > 2021-07-01 21:25 | Report Abuse

EPF is counting their big losses in Serbadk and CMSB from their huge disposal last Friday. A bunch of useless panel of investment in EPF.

siaokar

1,410 posts

Posted by siaokar > 2021-07-01 21:27 | Report Abuse

Should thanks EPF for the opportunity to buy lower than those faithful investors who have been holding on at higher prices.

lam6339

36 posts

Posted by lam6339 > 2021-07-01 22:06 | Report Abuse

Next tp 1.5

greedy44444

2,497 posts

Posted by greedy44444 > 2021-07-01 22:55 | Report Abuse

Yes...thanks EPF for the cheap price !

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