Our Harimau touched 10.00....
....and it's so quiet...
....meaning many left liao :p

Cheong cheong kau kau 999

Everlasting in cantonese :p

I saw some shorts at 9.90/9.92 level.....now if these shortists cover their position, it's call "short covering" and will create more buying :)

Wow...touched 10 at 12.05 pm

The "2 sen" bid is getting so close, wonder if it will happen today??

Posted by Pinky > 9 minutes ago | Report Abuse

Why sell at the first place?

_________________________________________________________________________

The "no have" promoter said it was smart to sell at that time
...haha LOL

Was trading at 9.70 on 19th April.....now at 9.96, already up 2.6% :)

Posted by Pinky > 9 minutes ago | Report Abuse

Why sell at the first place?

_____________________________________________________________________________

Bcos fear of war :p

Total volume traded breached 4B shares at 11.27am.
Gainers lead losers by 818 to 331.

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

For those who have sold, it's time to buy back.
The BULL RUN has just started, DON'T miss the boat.

Yes, hope GLIC will repatriate more investment income back home...
....and park in high dividend heavyweights....

....Cheers,
Happy Weekend.

https://theedgemalaysia.com/node/712031

He reiterated that the government and BNM had taken coordinated actions to encourage consistent flows into the FX market, such as encouraging repatriation and conversion of foreign investment income by government linked companies and government linked investment companies, actively engage corporates and exporters to convert their export proceeds and foreign investment income, and monitor conversion of export proceeds and import payments.

https://theedgemalaysia.com/node/711983

KUALA LUMPUR (May 17): Malaysia’s economic growth accelerated faster than expected in the first three months of 2024, thanks to higher household spending, stronger investment activities, improvement in labour market conditions, and higher exports and tourist arrivals.

Gross domestic product grew 4.2% year-on-year (y-o-y) in January-March 2024 when compared to the same period in 2023, Bank Negara Malaysia announced on Friday. The reading is higher than the median estimate of 3.9% y-o-y growth in Bloomberg's survey of economists.

@jeffchan1901, yes, someone said below 9....so, must be still waiting.
....but even if it's below 9, I doubt this PBB fanboy will buy...
....just kong song song bcos he no have....haha.

Wow....

Our Harimau consolidating and resting at 9.90 ??
.....very good
....waiting 1Q report for next move...
....if it's good then continue uptrend, if so so then will continue to consolidate and wait for next dividend :)

So senior in the forum, joined 10 years ago but still behave like newbie....talk negative after selling and promote after buying.....so naive, thinking he can moves prices....haha.

Haha.....@speakup deleted his/her post....and make me seems like talking to myself..
.....LOL

Ha ha, ya ka?
..please show us your positives post..after you no have liao...

....no wonder so ah pek style.....haha...LOL

...so lau ya.....now ppl trade by just pressing keyboard leh.....haha.

...seasoned investor.....still trade thru remiser ah?
....haha.....

Posted by speakup > 2024-02-02 11:12 | Report Abuse

My remiser advise speakup lock some profit since speakup bought cheap 3.80, so sold some at 6.24

@speakup, you sold CIMB at 6.24, now 6.78 so high, why no go and post negatives?
LOL.....

Ha ha ....no have liao, busy busy post negatives LOL

Ikan billis bought from big institution and price is up?
....wakaka....LOL

PNB has net sold 49m shares since 26th February....
....wonder who bought ??

Who bought the BIG stake from PNB on 9th and 10th ??

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

But no worries,
...if it breaks 10, then may be can buy the No.2 (by assets value) :p

13 sen to RM10...
....from RM10, each bid will be 2 sen,
...buy before it broke 10 :p

KLCI at 1600....

....unity government did well in KKB by election...

...."higher" is to come, I guess :)

https://theedgemalaysia.com/node/711185

https://www.freemalaysiatoday.com/category/business/2024/05/10/bursa-holds-steady-above-1600-for-fourth-straight-day/

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng noted that the key regional indices ended mostly higher, buoyed by the improved US labour market conditions, a weakened dollar and renewed global rate cut optimism.

On the home front, he said the long-term outlook remains positive, driven by strong corporate earnings, cheap valuations, and substantial support from foreign investors.

“While the benchmark index is in a consolidation phase following recent gains, we consider this a positive correction.

“It enables the market to absorb the recent uptrend, presenting an advantageous opportunity for stock accumulation at reduced levels,” he noted.

Very prudent bank, no gift for AGM.

yes, please buy to support, now 4.16, buy, buy, buy....

Yes, am now monitoring the "other one"......not free just now,
now off low, will see till closing

Those who have bought PBB at its peak two years ago at 4.7+ are also licking their wounds :p

Getting volatile leh, till don't know what price to Q.... :p

https://theedgemalaysia.com/node/710583

KUALA LUMPUR (May 7): CIMB Group Holdings Bhd, Malaysia’s second-largest bank by assets

......confirmed what I posted earlier, CIMB is No.2 by assets.....

I think most banks 1Q report should be quite good...

It's good to practice like CIMB to have pre close analyst briefying....

https://theedgemalaysia.com/node/710583

Where is pang72?
still waiting to bargain hunting the "other one" ? :p

https://theedgemalaysia.com/node/710558

The gains appear sustainable and on track to hit 1,755 by the end of this year, CGS International said.

For strategy, CGS likes banks, construction, utilities, real estate investment trusts, conglomerates, healthcare and telecoms, he added.

Wow...the "other one" rocket liao...
....don't miss the boat ya, this is only "starting" :p

https://www.freemalaysiatoday.com/category/business/2024/05/06/bursa-bounces-to-52-week-high-amid-upbeat-regional-trend/

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said he expects buying activities to continue with the upswing in investor sentiment, supported by a steady and strong inflow of foreign funds into the region.

“The increasing daily trading volume signifies a growing appetite for the market and the benchmark index is charging towards the 1,600 psychological level.

Echoing the sentiment, UOB Kay Hian Wealth Advisors’ designated portfolio manager and head of wealth, research and advisory, Sedek Jantan also said the index may continue its upward trajectory, potentially breaching the psychological barrier of 1,600.

“The KLCI has not yet reached overbought levels, indicating the market is not excessively heated, and there is room for further ascent,” he said.

Even PBB has dropped to current 4.10, its' PE is still 12 times, Dividend yield only 4.62% and its' NTA only 2.82.

So, high price is expensive or low price is cheap??
haha :p

@jeffchan1901

CIMB - EPS 65.46 sen - NTA 6.4066 - Dividend 36 + (special) 7 sen.......PE 10.13

MBB - EPS 77.55 sen - NTA 7.8474 - Dividend 60 sen........PE 12.62

Do the Maths, even price is high, it is still not expensive (comparable with the top 2 valuation)