Yes, one for stability and high yield...
...the other for potential strong capital gain....

I am also in the process of balancing MBB & CIMB :p

Welcome to the Club

Some up, some down.
Switching going on ??

My top 2, both sui sui :p

@Pinky, CIMB is currently cheaper than MBB, lower PE n PB, but its dividend yield is also slightly lower. It seems to have better growth potential. Its CASA is growing stronger than MBB and is expecting NIM growth of about 5 basis point while MBB is expecting a flat or slightly lower NIM for this year

https://theedgemalaysia.com/node/710071

Investors scour the globe for shelter as Wall Street shakes.

Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal Reserve (Fed) interest rate cuts to be revised.

"Diversification will be a lot more important going forward,"

Investors said the Stoxx appealed because it is stacked with companies in so-called value sectors such as banking and energy which benefit from steady global growth but tend not to suffer when borrowing costs rise.

The general macro outlook is supportive for a cheap, cyclical value market."

Banks shares globally, from US to Singapore are rallying......
....Malaysia normally follows late....
....if/when FF returns, Banks should fly :)

Big Banks all sui sui :)

Standard Chartered
posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender.

StanChart, which earns most of its revenue in Asia, said statutory pretax profit in the quarter was $1.91 billion. That compared with $1.81 billion a year earlier and the $1.39 billion average of 13 analyst estimates compiled by the bank.

Singapore biggest bank is doing well in 1Q, local bank with substantial exposure there should also benefit.....

https://theedgemalaysia.com/node/710073

May 2): DBS Group Holdings Ltd’s chief executive officer Piyush Gupta expects another year of record profit after Singapore’s biggest lender delivered better-than-expected results thanks to strong lending and wealth fees.

Comparing these two, it turned out that rich uncles and aunties are smarter than the old towkay and towkay so.....lol haha :p

Few years back, I remember someone commented that MBB is only good for its' dividend while the "other one" is better at providing capital gain.
Now, it turned out that MBB is not only good for its' dividend but also its' capital gain.
The "other one" not only gave much lower dividend but also capital loss....its' current price is off 60+ sen from it's recent high 2 years ago.

Banks also got different types, some attracts long term funds due to its' high yield....
....while some attracts punters going for speculative play hoping for capital gain.

Fund managers are very smart.
They know that punters have very limited bullets, so they go to the rich man's darlings.
....the heavyweights esp. the banks, that's where the money is and will continue to be.

I have not tried before, i understand it's 2 working days.

Retailers normally like to buy high, hoping to sell higher :p

https://www.thestar.com.my/business/business-news/2024/05/01/reeling-in-reluctant-retailers

“Retailers are attracted by a ‘hot’ market but interest on Bursa has mainly been in big-cap stocks, which local institutional investors were buying due to a more positive outlook for the local market following the politically stable environment, higher investments and policy direction. “This has helped the benchmark index rise to a two-year high.

“Retailers are probably waiting for more certainty on a continuation of the trend before returning, but it could be a case when they might get hit by some profit-taking instead,” he said.

https://theedgemalaysia.com/node/709959

KUALA LUMPUR (April 30): PT CIMB Niaga Tbk, the 92.5%-owned subsidiary of CIMB Group Holdings Bhd, reported a 6.3% year-on-year growth in its consolidated net income for the financial quarter ended March 31, 2024 (1QFY2024). The bank attributed the improved earnings to healthy loan growth, improved asset quality indicators and effective cost management.

In a bourse filing on Tuesday, the group reported that its net income rose to 1.68 trillion rupiah (RM493.2 million) from 1.58 trillion rupiah. Earnings per share increased to 66.96 rupiah from 63.42 rupiah.

Door gift in already.
MBB is so efficient.

https://www.thestar.com.my/business/business-news/2024/04/30/cimb-niaga039s-pre-tax-profit-rises-78-to-22-trillion-rupiah

Big volume of 11m shares done at one price 4.12 during pre close.

Door gift of e voucher will be in your e mail in 7 days time....

Its FF holding has dropped from a high of 39.5% in 2018 to the latest 25.4%

....while FF has been selling Bursa stocks for the past few years but it is not on all stocks, MBB current FF holdings is at 5 years high....

https://www.publicbankgroup.com/investor-relations/share-dividend-information/foreign-shareholding/foreign-shareholding/2024/

Previously, most towkay n towkay so, when buy bank, they will go for PBB instead of other banks esp GLC....FF knows that and they also participate.....until the shares trade at a premium to other banks esp GLC.....until about 1 to 2 years ago it traded at about 15 to 16 times when MBB was trading at about 10 to 11 times....aslo its price to book is much higher.
But now, investors are smarter, they prefer lower valuation n higher dividend yield....FF also knows that...thus the selling by FF during the past few years...

Just my one sen observation.

....haha, after pang bought, will make a lot of noise.....after sold liao, will go hiding....haha :p

EPF bought & sold kaw kaw on 24/4/24.....morning rallied to 9.88 but closed 9.80 down 2 sen....lol.
.....pump & dump ? :p

Wow....durian runtuh.......

Is their holding rising or declining....

Agree that high foreign holding may not necessarily be good....high means chance of selling is higher than adding.
What I am referring to is the trend....whether FF has been buying or selling.

Another "pump & dump" day?
Morning sui sui reached 9.85...afternoon hit a low of 9.76 before closing 9.78.
Hmm.....profit taking days must be....

@jeffchan1901, what I look see look see RHB are :
It is cheap in term of PE & PB
It's dividend yield is high
Its price has been trading at a very narrow range for years
Its foreign holding has been declining over the years ( from 25.65 in 2020 to 15.41 current March)

When come the share price movement, I think MBB is between RHB & CIMB....so I opt for MBB, (higher beta than RHB but lower than CIMB)

Just my one sen :)

Haha.....pang72 hiding here
MIA in CIMB n MBB haha....

Now, their fake support has turned into a trading profit haha lol

I thought it was FF taking advantage of the weak market sentiment to collect at 9.70 😀

Last Friday when many investors sold at 9.70, EPF bought 8m shares out of 11m total traded....haha LOL

If afternoon pattern is the trend, then next few days will be profit taking days.....it rebounded too fast from recent low of 9.53....traded on 17th April

Today is "pump & dump" day?
haha....

Amongst banks, the cheapest i think is RHB, trading below 1 time book value...

When banks are to be taken over, the buyer look at NTA.
so, bank with high market cap but low asset is considered more expensive than bank with high asset but low market cap.

....it's 68b vs PBB 54b

@linges NAPS multiply NOSH
....PBB is No.2 by market cap not by asset value

So interesting to see the Monday 22/4 trade...

Foreign net bought 115m

Local Institution also net bought 42m

Local Retail net sold 157m

....haha one local retail sold to 2 big funds :p

Now, I am switching my attention to the No.2 (in asset value)

....if ppl think it's PBB, then please do your home work again...haha :p

Previously, I don't share this kind of info here, bcos sometimes I am still doing DIY DRP....but now price is too high for me to collect anymore, so don't mind to share the positives ...haha :)

EPF has been trading and taking profit on Maybank, YTD share price up 10% (ex dividend)

EPF has been supporting/net buy PBB, YTD price still down.

If the share price performance is not doing well, support from EPF is not enuf to push up the price.

Do your home work before commenting it's all due to local fund support.

.....latest foreign holding of MBB shares are at 5 year high.
So, who bought and who sold ??

If anyone is thinking that the local fund esp EPF is pushing up Maybank to support the index, then please do your home work.
YTD EPF net SOLD 55m Maybank shares

https://klse.i3investor.com/web/insider/detail/SBSH_576642_1126816715

https://klse.i3investor.com/web/insider/detail/SBSH_584147_573217724

Foreign fund holding of 20.11% as at end March is 5 year high.

https://www.maybank.com/en/investor-relations/share-information/shareholdings.page

@speakup, if u so sure Pmx forced local govt funds to push up the CI.....then buy index link stocks and make some money, why complain ?