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 ?

.....but looking at today's trade.....
...good things are not cheap and cheap things are no good :p

The prices for both are high, don't buy to trade, might get burn in the short term, but hold few months should be good.

Harimau start to run first this time, and i guess sotong might follow later

@linges, wow what a good price, congratulations.

Bought some at 6.67 this morning

@troy88, people who no have liao, busy posting negatives :p

@linges i bought sotong just now at 6.67....
....will top up more from this price down....
...tiger too high liao
....new buy...sotong :)

Broke 52 week high....
....amazing tiger...

So you wait for another covid to buy

When a lot of retailers bought....price will drop.
When a lot retailers sold,,,,,price will rise.

from my experience, i see that it's always like that :p

No more bargain price liao...haha

11 sen to 52 week high...
....Harimau Kuat !!

I am still learning from prudentinvestor :)

At 9.70, plus recent dividend it's above 10 ringgit.
I am also tempted to take profits....
....but for retirement fund, if you sell then where do you park?
....and for retirement fund, current price does not matter, what matters is the dividend yield and the forward fundamental of the company.....so no sell....will bargain at lower price :)

After ex date, it traded in a narrow range of 9.52 to 9.75.
At 9.70 on Friday, it was near recent high, so am not surprised many took profits....esp during current weak market.
I am looking to slowly add starting around 9.50 level..
....short term might have pain, but confident long term gain :)

Yes, CIMB is FF darling, that's why it's volatile....down fast (like during covid) and up as fast.
MBB attracts more long term FF, that's why it's slow but not volatile.

FF also got long term and short term speculative fund.

Foreign shareholding of RHB has dropped from a high of 25.65% in 2020 to latest 15.41%

while MBB has been steady and current 20.11% is 5 years high

...may be that explains the share price performance.

RHB Foreign shareholding 15.41%
Source: https://www.rhbgroup.com/investor-relations/overview/key-financial-information/index.html


MBB Foreign shareholding 20.11%
Source: https://www.maybank.com/en/investor-relations/share-information/shareholdings.page

Yes RHB "looks" very attractive....but it has look so for the past 1 to 2 years ....and it remains looking so.....haha
I am also quite tempted by its looks.....but till now it's not moving yet :p

Q to buy 9.66 in the afternoon but canceled during pre close....missed the boat at 9.65 alamak!

If stay at around 9.70/71 for rest of day, then it should be considered good.