CAHYA MATA SARAWAK BHD

KLSE (MYR): CMSB (2852)

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Last Price

1.19

Today's Change

-0.02 (1.65%)

Day's Change

1.17 - 1.22

Trading Volume

10,154,500


14 people like this.

9,689 comment(s). Last comment by ValueMaker 5 hours ago

Posted by warrenchok90 > 2021-09-10 08:01 | Report Abuse

Ya sure. Today might back to 1.38.

monetary

4,447 posts

Posted by monetary > 2021-09-10 12:08 | Report Abuse

all the way to $2.2

Myviva

9 posts

Posted by Myviva > 2021-09-10 18:02 | Report Abuse

Today closing 1.33, hopefully next week go to 1.40

wssvin

48 posts

Posted by wssvin > 2021-09-10 18:02 | Report Abuse

I have been wondering if Lembaga Tabung Haji knows how to play Shares
even EPF is throwing like hell... Anybody can help to explain

monetary

4,447 posts

Posted by monetary > 2021-09-10 18:19 | Report Abuse

see how epf play glove. bought TG since $7. now selling at bellow $3.5

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-10 20:33 | Report Abuse

Repost :

EPF sell because dividend yield getting lesser this 2 years. I believe even through trimming down it will still hold a sizable shares >5% in cahaya. Current challenging time, BOD reduce dividend, normal ma.

Additional reasons :

1) some i3 member suggest to prepare fund 4 i-sinar with drawers. I agree too!
2) Big funds need to adhere to protocols, due diligences and compliances, unlike us.
- they position long time ago, with substantial holding of multiple entry price, easy for them to rebalance their portfolios.
- EPF too outsourced their fund to 3rd party

I understand the feeling of holding a counter which have funds exiting every now and then.

*** important is the market able to support the dumping. U buy there must be match seller and vice versa.
Since 2 months back, these 2 taiko sell but price cont surging. So dun too worried no doubt it will slow down the momentum when price rising.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-10 20:55 | Report Abuse

BUY LOW Sell HIGH always a classical investments principle.

Clause : companies fundamental still holds.

Less risk but investors have to endure the time to come to fruitation and opportunity lost on others investments.

Mr. Monetary gave a good example : topglove

Even a cash rich well manage company olso can't challenge Mr market. Imagine for those who brought at just 6 a piece. Feel sorry to them, and they chase high and cut lower, majority of them.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-10 22:54 | Report Abuse

Yeo Michael suggested to compare CMSB vs Unisem.

Many will argue they are in different industries but one cannot deny the facts is these 2 companies wealth generating ability are in PAR.

Unisem too once's encounter share price hammered to around rm2. Same apply to cmsb.

Once bitten twice shy :

9th September, cmsb price adjusted lower due to profits taking. Every sane mind people who wanted to sell wouldn't sell at 1.03 for the 2nd time. Pandai pandai hop back to ride to destination 2.0.

I loved playing poker but how about playing blackjack today?

The Dealer (KPMG) is giving u an open Ace's (Q2 47.39m) and the 2nd closed card ( 3rd party audit reveiwing) pending this month end.

- if big account fraud or problem occurs , KPMG for sure prepare/advice for a impairment before hand in Q2.

- Previous CFO will not so easy let go just by giving him sotong. MACC will ask for interview long time ago.

For fence sitters, the 2nd card will be min. damaged. Good to be alerted earlier and the risk committee board to revert so that future reoccurring be avoided.

Very good chance winning this round.

wssvin

48 posts

Posted by wssvin > 2021-09-11 16:39 | Report Abuse

Thanks Bro,Luckyboy88

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-11 18:14 | Report Abuse

U are welcome.

monetary

4,447 posts

Posted by monetary > 2021-09-12 10:52 | Report Abuse

Luckyboy gives very good explanation

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-12 13:26 | Report Abuse

Thanks! Monetary.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-12 13:30 | Report Abuse

Notable Fuzhou (foochow) people.

Businessman :

Liem Sioe Liong, a Chinese Indonesian billionaire businessman and founder of Salim Group
Robert Kuok, a Malaysian billionaire businessman and chairman of Shangri-La Hotels and Resorts
Surya Wonowidjojo (Tjoa Ing-hwie), the founder of Gudang Garam, the largest cigaret producer in Indonesia.
Rachman Halim, second CEO of Gudang Garam.
Tiong Hiew King, a Malaysian Executive Chairman of Rimbunan Hijau, Timber tycoon and Chinese Media proprietor.
Tiong Thai King, a Malaysian politician and businessman, Member of the Malaysian Parliament for Lanang, Sibu, Sarawak from 1995-2013.
Alim Markus, Indonesian businessman from East Java.

Source : wikipedia

MichelleNg

1,031 posts

Posted by MichelleNg > 2021-09-12 17:06 | Report Abuse

Profit taking already @1.41. Now Waiting correction finish. Tabung haji and EPF offloading again. Maybe below rm1 is possible.

TedTock

926 posts

Posted by TedTock > 2021-09-13 08:46 | Report Abuse

Below rm1? Sell all your belongings and buy this stock if that happens

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-13 08:47 |

Post removed.Why?

Posted by investortrader88 > 2021-09-13 11:57 | Report Abuse

My queue buy matched at RM 1.30.will continue to hold.good luck guys.

Posted by Stronkstock > 2021-09-13 14:37 | Report Abuse

Bought @ RM1.31, once retracement done then we should see the price challenge RM1.50. Maybe can see the price to reach RM2 by the end of the year?

Target1

139 posts

Posted by Target1 > 2021-09-13 14:58 | Report Abuse

HUAT $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Target1

139 posts

Posted by Target1 > 2021-09-13 14:58 | Report Abuse

TP 2.00 $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

williamtkb

3,216 posts

Posted by williamtkb > 2021-09-13 15:33 | Report Abuse

retracement not enough won't go higher. If another round Rm1. Next round will have Rm1.50

Posted by warrenchok90 > 2021-09-13 15:55 | Report Abuse

I dont think will back to RM1 lol… might will arround 1.26-1.49 playing arround. Just patient. I also in 1.32.

wssvin

48 posts

Posted by wssvin > 2021-09-13 17:01 | Report Abuse

me too 1.32 100 lots

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-13 17:10 | Report Abuse

Williamtkb and Michelleng can day dreaming.

Sometimes it's good for your health.

*** not smart jump back will miss Big big. Haha!!!

frank74

420 posts

Posted by frank74 > 2021-09-13 18:35 | Report Abuse

price movement predictions all conjecture...what is certain
1) low PE
2) high NTA
3) economy opening up
and much more...

deep in value...

williamtkb

3,216 posts

Posted by williamtkb > 2021-09-13 19:07 | Report Abuse

Yeah... Hope my dreams come true and everyone dreams come true too...

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-09-14 07:56 | Report Abuse

It will surge, just a matter of time, 1 mth, 3 mths, 6 mths. Just hold and wait

Posted by chngmenghui > 2021-09-14 08:26 | Report Abuse

Totally agree with you

derrtan

1,796 posts

Posted by derrtan > 2021-09-14 13:09 | Report Abuse

this index has been dropping for how many days already? ppl is throwing because of glove counter!!

Posted by warrenchok90 > 2021-09-15 12:36 | Report Abuse

Not really. Main issue is parliament meeting problem. But undervalue stock still can hold. For those overvalue counter sure drop hell.

Myviva

9 posts

Posted by Myviva > 2021-09-15 12:52 | Report Abuse

Road to 1.35

balok111

14 posts

Posted by balok111 > 2021-09-15 18:32 | Report Abuse

Epf throw habis?

stockfreak

777 posts

Posted by stockfreak > 2021-09-15 18:36 | Report Abuse

EPF needs to pay stock market gain tax if any?

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-16 22:47 | Report Abuse

12th Malaysia plan development budget for sabah and sarawak.

https://m.malaysiakini.com/news/591672

charlie chia

2,151 posts

Posted by charlie chia > 2021-09-16 23:39 | Report Abuse

Booster tomorrow
Hope will push up

Posted by kevinnkts > 2021-09-17 08:12 | Report Abuse

12MP: Over RM9b in development allocations for Sabah, Sarawak — PM Ismail Sabri

https://www.theedgemarkets.com/article/12mp-over-rm9b-development-allocations-sabah-sarawak-%E2%80%94-pm-ismail-sabri

firehawk

4,783 posts

Posted by firehawk > 2021-09-17 09:07 | Report Abuse

1.30 broken ....

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-17 09:19 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-09-17 09:20 | Report Abuse

epf sells on news.

AhHuat168

286 posts

Posted by AhHuat168 > 2021-09-17 09:20 | Report Abuse

Scary cuci

monetary

4,447 posts

Posted by monetary > 2021-09-17 09:22 | Report Abuse

9B allocation for Sabah Sarawak means epf must sell more equities to finance gov plan.

charlie chia

2,151 posts

Posted by charlie chia > 2021-09-17 09:26 | Report Abuse

Shd be good news to boost up but down turn instead

monetary

4,447 posts

Posted by monetary > 2021-09-17 09:28 | Report Abuse

Depends on your investment horizon. I keep till 1H22.

monetary

4,447 posts

Posted by monetary > 2021-09-17 09:31 | Report Abuse

most of our country borrowing is internal. all gov investment vehicles must sell equities to FF now.

Posted by warrenchok90 > 2021-09-17 09:50 | Report Abuse

GG

TedTock

926 posts

Posted by TedTock > 2021-09-17 09:55 | Report Abuse

Flash discount.

8u29song

2,929 posts

Posted by 8u29song > 2021-09-17 09:56 | Report Abuse

opportunity to buy cheap

monetary

4,447 posts

Posted by monetary > 2021-09-17 10:02 | Report Abuse

1st hr volume alrdy hit avg daily volume for the past 4weeks. Good job, epf.

Posted by Yeo Michael > 2021-09-17 10:46 | Report Abuse

EPF is not one of the big share holder in CMSB, less than 5% of the share on hand.This does not mean the company cannot survive without EPF. Market it just over react to this kind of news only. Traditionally 3Q and 4Q, cmsb revenue is very much better .

Posted by Yeo Michael > 2021-09-17 10:52 | Report Abuse

This also provide us an opportunity to buy.

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