What is the NAV or break up value! That is what one has to answer after settling its debts!

This is shocking ....Ali baba and 40 thieves ...kinda of story. We have to wait until we pass judgment ...but I must say it is not looking too good, setting up erroneous debtors or receivables is very old and but archaic way to inflate sales income. For now I am hoping we are all wrong ..because this sort of behaviour comes from the top and surely same practices may be prevalent in other associated companies. I for one always questioned the director share dealings for their timing quite often before announcements and disposing soon after before placement of shares. This sort of behaviour is very poor governance.

Genting let’s go ..look ahead 2022 and beyond

Cimb clouded by political affiliation unfortunately. Bias analysts and retail,investors.CMB is good investment propsects in medium term ,

I have been saying that CIMB results will be good even taken into account one off...they will recover further.

Good consistent results ..yet price stable...the impact will filter through in few days.

Kenaga ....Real jokers...are they in real world ..look at the other banks in the world ...any short time I lack on credits costs will be eliminated in due course. Banks continue to function the biggest risk is from a big corporate failure like in Singapore ...nit likely to happen. Serba is the big risk

Just think about all the selling of share that took place with Onion pulling out?

Ride out the storm look back in history!

I am very surprised Securities Commission has not investigated them as well?

No communication as to then the trading will open...that itself is so poor is unbelievable! They need to communicate and say what the issue is when trading will recommence ...by be silent is pouring oil on water.

Private placement ....again haha the usual destruction of minority interest continues unabated. What gets me with these companies is amount of share dealing they under take on their account! They can’t be too focussed on developing the business and contributing shareholder value...any growth is destroyed and redistributed to the chosen few connected folks! It is a scam for sure. Another is use of MOU with no value ...keep hitting the market ..all a game,

Poor governance for sure ....I had a feeling something would happen like this to Serba...something was not quite right ...Auditors very often are blamed for not picking up irregularities. They have exercise reasonable care when auditing businesses ..and usually you can feel there is wrong doing as the culture at the top is usually the reason. I for one don’t believe in PP particularly when you ramp up the price than sell before and then announce PP..with large discount and no transparency as to who receives the allocation not available to shareholders! Very very unethical practice particularly if it used multiple times ....I am surprised SC has not investigated this?

How many times Auditors have failed and consequently been sued for negligence and not acting properly...as they were compromised? I have a bad feeling on this ...it cannot just be structural issues, more to with contracts and acquisitions and explore values.

Time to be brave and innovative. uK gov after a disasterous handling of CV stumbled in right strategy, that is Funding vaccine development and deployment without much red tape! It was owned and driven by one lady and once good scientist ..Valance...saved the bacon for Incompetent Boris and cabinet.

I agree of Sing is using this saliva based testing, no point reinventing the wheel...need to be quick off the Mark. Just like vaccines being approved by leading world scientists should me no need to detailed testing as much critical time is wasted. Time is of essence and cost lives and money

Highly unusual...they need to make a very clear announcement of the issue(s) raised and remedial actions if any....there is huge opportunity to ensure there is no panic ...communication needs to be be well thought out. Many a company has been destroyed for poor communication with issues of lesser gravity. What is poor is that the Mgt knew it was coming ...these are not actions taken over Night. I think the mgt is poor from what I can based on decisions they have taken previously ...placements , MOU, director disposing large shareholding in open market and so on! This is a company not strong on governance culture

The question is the worse over for the banks and CIMB in particular? I would like to think so.

I think better results will filter through ....let’s be positive. Buy for good recovery in 2022, accumulation for solid return

Good set of results posted by RHB...including dividends it is now CIMBs turn!

Well done RHB. RHB is due rerating for sure ...it should move up, supported by reasonable dividend

TUFGamer I suppose that changes his character! BTW auditors have failed many times to properly and accurately evaluate financial statements, too often there is conflict of interest. I personally had doubts about the way placements were undertaken and subsequent share price movements. Also the timing of announcements were questionable, with insiders having information and dealing.

Gcke totally agree with your comment on 21 May. These share placements actually are questionable and don’t have transparency as to who gets what! If company has to raise funds the better option is rights issue...as it treats existing shareholders more fairly and not just a select band ...who make immediate profit on heavily discounted shares. There is lot happening in this counter which is questionable, for example open market disposal of significant shareholding by Onion which is again very questionable by a director on the board. Very poor governance.

Serious issue....external auditors have discovered significant irregularities hence independent review. I would also review share dealings when placement was made ..at discounted price.

Waiting for results to emerge to give glimmer of hope. Health of the banks are critical ,for Malsyia PLC...CIMB have a buy call even from offshore market analysts

Sell in May has been pretty accurate ....look forward to June and upwards.

A friend of mine went to Las Vegas and he said it was very busy almost back to normal. So for a new opening there will be extraordinary demand.

U.K. have successfully used dogs to identify Covid infection...very cheap and effective apparently

Banks world wide have rallied despite bigger impact from CV....

Will be supported from institutional investment .....price around 4 will be temporary

Moratorium does not directly equate to bad debts!

Cimb will rally from here....there is big recovery in write offs! The worst of the big corporate failures in 2020 will not shown....so positive for the bank going forward.

RHB a good buy....results will good.

By the way Las Vegas is sold out in many venues....all activities are full and operating 100%! So this would be good news and NK doubt when things return to normal,in other venues there is huge lent up demand.

Stale price has lot to with private placement, that was heavily discounted. Any rise in price is counteracted by disposals by those who got shares allocated from private placement. They have already profited

Foreign ownership reduction merely reflects lower asset allocation to Malaysia Plc. Not surprising given the political hiatus

Accumualfor gst is also a good strategy

Myeg seems to be progressing ...working hard for new revenue streams ..eventually it will trade higher ...test it new heights only after 1qtr results

Let’s go Genting ...you have the support.

Cimb let’s go....can’t wait for 1qtr numbers and then 2nd half onwards should move beyond the trading range.

Good for China...Australia needs punishing and should be taught a lesson! Cimb will move up next week I am expecting good 1 qtr numbers.

We need to incentivise population to vaccinate ...so that 70-80% are vaccinated well before this year end.

Zhifei...approval need incentive to approve! Makes no sense...vaccine is the way forward out of this trap....people need to realise . U.K. after a very bad start have gotten their act together and have vaccinated over 70 % of population. US would achieve the same by August ...and we are sleeping.

Vaccination always was and is the way forward! This was the fact from Day 1. U.K. after mismanaging the CV initially knew that vaccination was the key and moved ahead with their vaccination programme ....including securing supplies...and not waiting for ever idly to approve various vaccine etc. The boat here was missed when time was taken to secure supplies, and to get it approved, now it is matter of catching up and convincing people to take vaccine. Good move by Gov to get discarded Astra Zenneca on voluntary basis...need to think out of the box to get those doubting the vaccine on board perhaps with some fiscal incentive! Mean time we have to make sure we don’t follow India!

The analysts real advise is different to from what they share with retail.

CIMB to rally from here.....all bank are rallying due to over release of over providing for bad debts. Bottom line is the damage from oil companies will nit be repeated so profitability will recover dramatically....once results are out investors will see

Support Genting ......some markets worst is over....need to look ahead.

Despite all,buying no movement it says something.

Why the obsession with cases....more testing reveals more cases, mortality rate though is o.32%.....one of the lowest....with all the people moving around shopping malls and restaurants full why are we surprised? . BTW malls were full even before Ramadan bazaar opened up....all communities are involved in moving around ..as well has having big parties at home! Seen it myself . I don’t believe total interstate travel ban reduces risks. The travel ban should be where the outbreak is highest, simple. Otherwise allow the rest to travel with SOP compliance.

Absolutely no logic not allowing interstate travel...people are moving around freely in Selangor and KL malls are packed ...so how can inter state travel increase risk from current levels! Mortality rate one of the lowest in the world at 0.30%. All this makes you wonder the real reason for no interstate travel? Who is in control?