nhy6, why you hold so much cash and still siphon so much in management fee every year? I don't need management to help me put money in FD.

**too high

Actually, high liquidity strategy is not a bad plan at the moment. I myself also about 50% equity, 25% bonds and 25% cash. The problem is his management fee is too considering the current inactivity of the fund.

Buy for long term. At current price, it has good yield with plenty of upside opportunity as detailed below:
1) Higher office space take up rate (unlikely within the next 2-3 years)
2) Office towers sold to realise NAV (unlikely within the next 2 years)
3) Asset injection to increase income (likely within the next 2 years)

Downside:
1) Tenancy % reduce (moderate likelihood within the next 2 years)

Maybe can get special dividend as RHB insurance sold for a good price.

Niaga shares down until IDR685 liao. The rush to sell those odd lots is real.

just put my excess funds in FD... if not already bought some Maybank haha

valuecap funds only $2b... small mosquito compared to other market players.

Looks like the research houses aren't too impressed with the result. Well, time to hold until next quarter....

Time to collect Maybank, chance has come.

Temporary dip in earnings is acceptable. Only concern is that a lottery business in an increasingly conservative country is not sustainable. Should look at diversifying into other businesses.

1 lorry = 1,000 shares (i think)

@Nigel: Dateline to announce quarterly result is 2 months after quarter end, so must announce before 31.08.2016

Most banks are pretty attractive at the moment. Based on NTA alone, CIMB and RHB are both good value buys.

@muscle, in lehman brothers case, their bankruptcy is due to rampant indiscriminate lending to sub-prime borrowers (read: people with no income/more housing loans they can afford). In most cases, the borrower's income cannot even cover all the mortgages they sign up for. This is certainly not the case now in Malaysia. If you read the BNM statistics for Jun'16, Malaysian banks have rejected ~70% loan applications. There is definitely no rampant lending here. Prior to the 2008 financial crisis, the US banks gave out loans like crazy because they can then sell the loans as CDOs to investors. Since they are not ultimately not responsible for the loans, why not lend out as much as possible.

He repeated the same nonsense in CIMB forum

FYI CIMB Niaga current price is IDR925, which has rallied from IDR500 from a few months ago.

@kakashi, for every 6.39 CIMB shares you hold, you get 1 Niaga share.

what's up with the last minute selloff

I am not selling until at least RM5.70, where at least it reaches parity with its NTA.

my initial tp is 4.9X, where I will sell off 25% of my CIMB holdings.

RHB fly :D

RHB Bank shares listed already :D

The last hour rally really potong stim. I was hoping for more discounts, which may occur on Monday

Indonesia cut OPR to stimulate growth, will probably benefit CIMB Niaga.

ooo lalala

It is removed because RHB Cap has been delisted. New RHB bank shares should be credited once it is listed.

*keys in buy order @ 7.51"

Time to fly :)

look so fishy the chart

Basic EPS 4.84, Dividend 4.00.. not too shabby.

lower impairment on loans at Thai and Indonesia operations. Should surge to about RM6.00 soon.

Basically, what they will do is pay out 95% of shareholder equity as RHB Bank shares to RHBCap shareholders. You will still have the same amount of RHBCap shares. The balance 5% is kept to settle their liquidator fee/tax etc. Any balance will be paid back to RHBCap shareholders after 3 years.

There's also Perodua under their stable of brands

strong results latest quarter

Am I missing something here? According to http://klse.i3investor.com/blogs/kltrader/94843.jsp, conversion rate is 1.3 and initial listing price is RM5.56. Thus, equivalent value of RHBcap shares is RM7.23?

lol, you sure live up to your name, traderken88. only held for one week want to sell already. I am not selling until CIMB Niaga shows improving performance. That time, CIMB will go back to RM7. Hohoho...

Going up... hee hee

Analyst recommendations need to be taken with a pinch of salt.

Seems like decent Q4 result. Plus 12 sen dividend ^.^

Now would the cue for big shark to support CIMB.

all I have to say is market price =/= value of the company. Just because CIMB share price is RM4, doesn't mean that it is actually worth RM4. RM4 is just what the market think it is worth.

http://www.investopedia.com/ask/answers/041715/banking-sector-good-choice-value-investing.asp

Joined RHB club @ 5.25

@ks55: Agree with you. Warren Buffet said, always get more than you pay for. CIMB NAPS is ~4.60. Paying 4.00 just for its loan portfolio is good value.

Honestly, if they do a cash call@rights issue, shouldn't be an issue for those who hold long term. I will definitely subscribe.

@skyu, I am no big boss haha. Currently about 25k invested in CIMB. Can afford to dump another 50k-70k into this counter. My other ammo save for others :D

My avg cost is RM4.61 and I want it to drop further.. My ammo chest very big :D Later when CIMB release good Dec quarter result, I will really laugh at those who short.

@tcsjohnson, buy when you are comfortable with the price. Keep in mind that if you can't stomach another 50% drop, stay out of stock market.

True "investors" welcome falling prices. Please short more so we can collect at huge discount.