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...dividend is calculated monthly, if u withdraw in October, dividend for the amount withdrawn will be paid till September....but it will only be credited on the year close for the fund.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.

Occasionally, the no have will come to remind about his status.

No need to study long long history....just look at few years ago..
...in 2020 when there was covid, if you have sold then sorry la...
...but if you did the opposite and hold till now, then congratulations to you.

Long term investors do not follow market sentiment to cash out when there is bad news.

Previous war news on 19th April, I switched to CIMB and made some good profit.
Now, I sit tight, not doing anything :)

https://www.thestar.com.my/business/business-news/2024/10/04/hlib-banking-system-continues-to-be-strong-well-positioned-to-weather-shocks

HLIB said with the price run-up of banking stocks in August and the ringgit performing strongly, foreign investors are sitting on handsome currency and capital gains.

"As such, banks are susceptible to selling pressure. That said, pull-backs are healthy and are opportunities to buy on weakness,” it said.

https://theedgemalaysia.com/node/728984

KUALA LUMPUR (Oct 3): Malayan Banking Bhd (KL:MAYBANK) said it has signed a memorandum of understanding with China's Bank of Hangzhou to work together on enhancing cross-border business and advancing digital innovation.

The collaboration between the two banks coincides with the upcoming 50th anniversary of diplomatic relations between China and Malaysia, said Maybank in a statement on Thursday.

"This partnership aims to facilitate services such as cross-border financing, interbank cooperation within China, and the clearing of Southeast Asian currencies, while also connecting Chinese enterprises to a broader business ecosystem in the region," said the statement.

Support is good....profit taking well absorbed...

48m shares changed hands...
...good consolidation...
...more changed hands, can slowly top up

1st day of 4th Q, stocks are warming up for next run.....
4th Q is normally good for stocks....
...hope this year is bull 4th Q due to declining interest rates....

1st day of 4th Q, stocks are warming up for next run.....
4th Q is normally good for stocks....
...hope this year is bull 4th Q due to declining interest rates....

Short term investor who has cash out might be happy to see price corrects...
...come back next year to look at the price and see if you are smart.

After recent strong gain, some consolidation to build a strong base is good for its longer term performance.
Current EPS is about 70 sen.....management gave a guidance of double digit EPS growth for the next 3 years....
Buy and hold for long term should be very rewarding.
Price might be volatile in the short term due to recent sharp gain.

So attractive, topped up during pre close at 8.05...

While investors spent time creating wealth, the "no have" looks forward for negative events....

The rate when I changed was about 1.48
...now it's about 1.27, so I change back some :)

US 2 year treasury now yield 3.55
This one at current price still yield 5.7 (based on historical payout)
....when economy improves, can expect higher dividend.

@newbie2019, agree.

When global interest rate come down, institution funds looking for return will probably target high dividend large cap blue chips.

More sotong and less Tiger....

This sotong is now opposite of Tiger....
....so much stronger than Tiger...
...guess my portfolio needs further re alignment :)

Top loser :p

Dropped 0.48% , the lowest among banks except HLB.

Stocks with higher retail interest dropped more.

It seems loose hands have already dropped out from this one.

Below 10.60 one round....and below 10.50 another round

Top up liao last few days around these levels, now market in consolidation, waiting to see if can get lower.

Wow....KLCI 1720 to 1740......
...to reach this level, Heavyweight blue chips must fly.... :)

Ten steps forward, one step backward

Sotong is so solid.

Bila naik, guna lift

....turun guna tangga...

@Pinky, oh yes you mentioned before.

I also switched since April but not all...now, I am buying back some Tiger...cos it underperformed current re rating.

All sister Pinky stocks :p