Luckily, cleared all about 4.90 in July 2021.

...switched to Maybank at about 8.00 😘

Wow...3.87
...lowest since November 2020

https://theedgemalaysia.com/node/732513

NEW YORK (Nov 2): Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record US$325.2 billion (RM1.43 billion

....but Warren Buffett expanded CASH
...this is must....follow 😜

@choysun,
👍👍👍

@choysun, your 5 banks portfolio added up, still smaller than Genting, I guess.
😂😂😂

@choysun, I traded (buy n sell 😉) some Maybank & CIMB recently...locked in some profit and bought back some on dips

Haha....:p

@eagleye, Hi, my bank portfolio is now a little smaller.
YTD it appreciated 30%, so I decided to take some profit, some chips off the table.
I normally don't trade....but after following what sifu ATK has been "teaching"....I decided to follow to trade a little....haha :p

During weekend, I sometime visit to read what Sifu ATK posted... :)

Yes sifu ATK, where is the super bull MC ?

During Covid in 2020, this one traded around level with CIMB at 3+
....now CIMB trades around 8 and this one still trades at 3+
....investors who opted to invest in Banks stocks instead of this one, would now be "laughing all the way to the bank"

Banks fundamental remain strong, but overall market is weak.

Supported whole day...till pre close, then all support was pulled back and let close at day's low........big boys play all sort of tricks......haha.

Yes yes, today I sold some Maybank to buy CIMB.

https://theedgemalaysia.com/node/729374

Bloomberg data as at Oct 3 showed 12 analysts having a “buy” call on the stock, seven with a “hold” and one, a “sell”. The average 12-month target price stood at RM11.42, suggesting more upside from Maybank’s closing price of RM10.54 that day.

Nomura Research has a “buy” call on Maybank, with a target price of RM12.50.

https://theedgemalaysia.com/node/731007

KUALA LUMPUR (Oct 21): CIMB Thai Bank PCL, in which CIMB Group Holdings Bhd (KL:CIMB) owns a 94.83% stake, saw its net profit for the third quarter ended Sept 30, 2024 (3QFY2024) surge by 62.1% to 595.67 million baht (RM76.77 million) from 367.42 million baht (RM47.33 million) in the same quarter a year ago, thanks to gains on financial instruments and higher operating income.

Posted by stkoay > 0 seconds ago | Report Abuse

If got 300k...
...pass to wife 75k
...son 75k
...daughter 75 k

_____________________________________________________________________________

Do like that, your "tax" is only RM30
....fee for doing transfer....lol

If got 300k...
...pass to wife 75k
...son 75k
...daughter 75 k

...kaotim :)

No issue on the tax.
How many individual has dividend above 100k??
There's always way to make "smart accounting"

The one that has are mostly senior that have family members....
....can always split into family members account instead of one, after all dividend stocks are meant to be kept for long term...and pass to anak anak and cucu cucu :)

The announcement on 2% dividend was made on Friday, way before market closed on that day.

@prudentinvestor, Congratulation !

While smart investors spent time creating wealth, there are some people who spend their free time monitoring stock that they don't have and pray that the price will drop so that they can syiok sendiri....
....so little boy mentality.

Bank employ small little boy? Haha.....

My last topped up was 8.05, now waiting for that level to top up again.

At 8.16, long term investors who hold this stock are sitting on BIG, BIG paper profit.
Blood bath?? for little short term punter, may be it is.

What is the Market Cap of CIMB at today's closing?
What is the Market Cap of PBB at today's closing?
If don't know what is Market Cap and don't understand numbers, then go back to school.

Meow meow always made good choice ....

To Our Success !!

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E8%93%9D%E7%AD%B9%E8%82%A1%E6%B4%97%E7%89%8C%E5%9C%A8%E5%8D%B3-%E9%87%91%E5%8A%A1%E5%A4%A7%E5%85%A5%E6%A6%9C%E6%97%A0%E6%82%AC%E5%BF%B5%C2%B799-speed-mart%E9%93%86%E5%8A%B2%E5%86%B2%E6%A6%9C

One week ago, on 4th October, CIMB Market Cap was at NO.3...
....now, It's at NO.2....

Cheers......................................

At 8.22, CIMB market cap is 88b.
It is now the 2nd largest bank not only by assets, but also by Market Cap.
It's Market Cap has overtaken PBB. (which is now 83.6B)

CHEERS !!!!!

Wow...not 8.20 leh
It's 8.22...
...so, the syiok sendiri sound will have to wait for other day.

Haha...there are very knowledgeable and smart investors...
there are also naive little boys...
that's what make Mr. Market.

8.20 ah?
...little boy no comment, waiting to see if operator will push down during closing like yesterday, then only will come and cheer...

https://klse.i3investor.com/web/stock/substantial-shareholder/1023

EPF has been buying kaw kaw
we shall see who is smarter....

Now, little boys will have to take a break from cheering....

Congratulation to the smart ones who saw the recent correction as opportunity to collect.

@linges very well said.
Thanks for sharing.

When buy?
Cash out or not can be traceable from comments posted in forum..
...if one is curious and have the time to trace :)

Posted by stkoay > 2020-06-26 12:51 | Report Abuse

It will be good for CIMB if more investor like DeepValueInvestor buy the share.

Home work Well Done!

Correct, EPF dividend is higher than ASM...
...but it is limited to only 100k per year...
...any if you are below 55 (or 60 i am not too sure), you cannot withdraw from your EPF.
....For ASM, you can withdraw anytime, no limit and payment is on the spot...
...dividend is calculated monthly, if u withdraw in October, dividend for the amount withdrawn will be paid till September....but it will only be credited on the year close for the fund.

ASM is a capital guaranteed fixed price fund managed by PNB.
There is no limit of how much u can buy provided allocation for non bumi is available.
Now, it's difficult to get, only during when existing unitholders cash out.
In August this year, for a short period, both ASM & ASM3 was opened for additional subscription.

@prudentinvestor, I have never ever invested in unit trust.
You are correct the up front commission and yearly charges is high.

ASM stands for Amanah Saham Malaysia.
It is a fixed price fund.
Previously, it used to give out dividend ranging 6 to 7+ %.
It dropped to 3.75% for ASM3 & 4% for ASM during covid....that was when I switched out to MBB average at at 8.00 and have been holding that till April this year, when I switched some to top up my CIMB bought during 2020 at average 3.50.

I am surprised that you mistaken ASM for unit trust....

...and of course la the no have doesn't know....

I diversify by having direct MBB & CIMB and indirect MBB & CIMB thru ASM ....haha :)

Oh....correction, I mean ASB has been adding...
ASM own less than 5%, so no reporting even if they have been adding...
....from their latest annual report you can see that their fund size increased by 5.3b over 2023...and 12.91% is invested in MBB

https://klse.i3investor.com/web/stock/substantial-shareholder/1155

For this one, PNB has been adding.......
ASM has been adding....
and EPF also has been adding lately :)

Thanks @linges.
Cimb is being rerated, but the rerating and price has risen too fast during the past few months.
Now, the much needed consolidation....PE n PB is still the lowest among the top 3.

5 to 6% dividend yield is still considered quite attractive compared to bond or other low risk investment.

@linges, hi good to hear from you again.

...few months ago, I switched some to CIMB...
...last few weeks, I took some profit from CIMB but found that there was hardly anywhere to park the fund for a reasonably potential good return....so I bought back MBB at 10.6+
...still got some fund left, will wait for market to stabilize to either add CIMB or MBB.

The no have likes to come to announce about his status.