Followers
4
Following
0
Blog Posts
0
Threads
6,419
Blogs
Threads
Portfolio
Follower
Following
2020-12-05 15:00 | Report Abuse
Haha....only Genting....why no promote CIMB....haha
2020-12-05 14:47 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/12/05/is-it-time-to-switch-to-cyclical-stocks
For investment exposure, the brokerage says it strongly recommends undervalued blue-chips, especially in the banking sector, and stocks that will benefit from the economic recovery.
2020-12-05 13:43 | Report Abuse
52 week high was 5.40, window dressing activities, if it materializes, could potentially bring it to 4.20 - 4.50 level.
2020-12-04 18:25 | Report Abuse
Wow....KWAP sold 695k shares on 27-11....
....bought back 1236k shares on 30-11....
2020-12-04 12:16 | Report Abuse
Where is the Apanama bomoh who used to say....see you at 1.80 - 2.00 ??
2020-12-04 12:09 | Report Abuse
Yes....pity the gloves worshipers.....
2020-12-04 12:07 | Report Abuse
Wow.....my sotong is now so sexy......
.....nearer to year end...more sexy....window dressing.
2020-12-03 17:43 | Report Abuse
https://www.theedgemarkets.com/article/midf-sets-2021-fbm-klci-target-1700-points
During the virtual briefing, Syed Muhammed Kifni said MIDF's top picks include Bermaz Auto Bhd, MBM Resources Bhd, Mah Sing Group Bhd, Public Bank Bhd, Hock Seng Lee Bhd, Gas Malaysia Bhd, RHB Bank Bhd, Sunway Construction Group Bhd, Hong Leong Bank Bhd and IJM Corp Bhd.
2020-12-02 15:14 | Report Abuse
YES !
One year target....
CIMB....1.35
HLB.....1.41
Ambank..1.50
Buy and keep for one year....don't trade.
2020-12-02 12:18 | Report Abuse
It seems banks are doing better during this recovery play.
2020-12-01 23:36 | Report Abuse
Financial lead gain in US, up more than 2%.
2020-12-01 23:29 | Report Abuse
Financial lead gain in US, up more than 2%.
2020-12-01 20:42 | Report Abuse
https://www.freemalaysiatoday.com/category/business/2020/12/01/experts-predict-world-economy-to-recover-from-pandemic-by-next-year/
Experts predict world economy to recover from pandemic by next year
2020-12-01 20:41 | Report Abuse
https://www.freemalaysiatoday.com/category/business/2020/12/01/experts-predict-world-economy-to-recover-from-pandemic-by-next-year/
Experts predict world economy to recover from pandemic by next year
2020-12-01 19:49 | Report Abuse
12 months target.....
Kenanga....1.05
MIDF.....1.07
HLB.....1.41
Ambank....1.50
Just buy and keep.......
2020-11-30 13:22 | Report Abuse
@JBond007....yes me too....waiting to increase Genting to have a more balance exposure.
My CIMB is now +7.55%
My Genting doing better at +21.65%
Wait next year.....HUAT!
Cheers.
2020-11-30 12:41 | Report Abuse
@JBond007....which is your bigger portfolio ....CIMB or Genting....
.....My CIMB is heavier than Genting.
2020-11-30 12:38 | Report Abuse
KLCI YTD is UP
CIMB YTD is down 28%
Good chance of window dressing by funds at year end.
2020-11-30 12:34 | Report Abuse
The worst is over.....
....now hoping for window dressing at end December.....
2020-11-30 12:32 | Report Abuse
First session :
CIMB down 2.61%
Public Bank down 2.80%
Amazing Sotong..........
2020-11-29 14:58 | Report Abuse
@serendipity89.....EPF are just taking profit (they have been buying when prices were low).
They are also selling Public Bank and lately on 19/11 and 20/11, they have also sold Maybank.
KWAP has also been selling Maybank....
This kind of profit taking is normal.....their dividend are based on REALIZED GAIN.
2020-11-28 18:43 | Report Abuse
Big lump sum provisions for the 2 O&G accounts in Singapore had been provided for in Q2 and Q3.
With revenue returning to almost normal, Q4 should be a big improvement.
Market is forward looking, I guess the worst for the share price was over when it fell below RM3 in October/early Novenber.
2020-11-28 18:05 | Report Abuse
https://www.freemalaysiatoday.com/category/nation/2020/11/28/epf-doesnt-need-to-borrow-extra-funds-for-withdrawals-says-najib/
To meet the cash flow needs of the estimated RM70 billion in EPF withdrawals, Najib said the retirement fund only needed to liquidate its government bonds into the secondary market where there are ready buyers.
“Alternatively, I have also suggested that EPF sell bonds to Bank Negara Malaysia (BNM) in order to minimise the impact on our secondary bond markets and prevent any sudden spike in yields.”
2020-11-28 15:34 | Report Abuse
Provisions will remain elevated. The management guided that provisions will remain elevated in 3QFY20. This will be due to forward looking adjustments as we had observed in the previous quarter. The management will include a management overlay to credit cost. Also, there will be “top up” provisions for legacy accounts in Indonesia and Singapore following from the surge in Covid-19 new cases globally.
-----------------------------------------------------------------------
This one by MIDF on OCTOBER
https://klse.i3investor.com/blogs/midfresearch/2020-10-28-story-h1535507646-CIMB_Group_Holdings_Berhad_More_Concerns_Than_Optimism.jsp
2020-11-28 15:24 | Report Abuse
..... but expect loan provisions to stay elevated. While the asset quality and R&R trends were a positive, loan provisions, however, is expected to stay elevated in 3QFY20. Firstly, further overlays across the regions will need to be booked in, together with overlays relating to the targeted assistance programme. Secondly, CIMB will be making top-up provisions relating to several legacy accounts in ID and SG.
----------------------------------------------------------------------
Report by Kenanga IB on OCTOBER.
https://klse.i3investor.com/blogs/kenangaresearch/2020-10-28-story-h1535506715-CIMB_Group_Holdings_Potential_Upside_Risk_to_Credit_Cost.jsp
2020-11-28 15:03 | Report Abuse
High provisions have already being made known to analysts during earlier briefing on OCTOBER.
2020-11-28 14:57 | Report Abuse
We understand that in 3Q20, provisions remained elevated. Further provisions (management overlay) have been set aside for all the key markets. The group has taken further conservative provisions on a forwardlooking basis in Malaysia based on the increase in credit risk following the targeted assistance programme (TAP). Over in Singapore and Indonesia, provisions have been topped up for certain legacy loans. By segment, provisions for consumer loans in Malaysia were more than that of the other countries. Meanwhile, for non-retail loans, the group is closely monitoring a few borrowers that under the sectors directly impacted by Covid-19.
----------------------------------------------------------------------
The above is a report published by Aminvestment IB on 28 OCTOBER.
https://klse.i3investor.com/blogs/AmInvestResearch/2020-10-28-story-h1535506627-CIMB_Group_To_Book_Further_Provisions_As_Management_Overlay_In_3Q20.jsp
2020-11-28 13:16 | Report Abuse
This is just the case of new people (CEO) clearing doubtful bad debts by previous management so that he is taking over with strong balance sheet.
Current bad debts was the result of previous management.
Current revenue and cost cutting measures are the results of current management....and will result in strong performance in future QR.
Current high provisioning had already been highlighted to analysts during earlier briefing.....that was why the stock price fell to around RM3.....current buying is recovery play.
2020-11-26 18:00 | Report Abuse
Genting started moving this afternoon after it was announced that people can withdraw 10k from EPF.
More money for people to go gambling in Genting casino....haha.
2020-11-24 23:42 | Report Abuse
Dow up more than 300 points.
Energy and Financial lead.
2020-11-24 23:04 | Report Abuse
Dow up more than 300 points....Energy and Financial lead gain.
2020-11-24 23:03 | Report Abuse
Dow up more than 300 points....Energy and Financial lead gain.
2020-11-24 23:02 | Report Abuse
Dow up more than 300 points.....Energy and Financial lead gain.
2020-11-24 22:59 | Report Abuse
US banks stocks are sharply higher.
Financials index up more than 2%.
2020-11-24 22:46 | Report Abuse
https://mykmu.net/2020/11/24/kenyataan-media-anggota-pentadbiran-kerajaan-daripada-parti-barisan-nasional/
Budget will probably be passed.
2020-11-24 22:45 | Report Abuse
https://mykmu.net/2020/11/24/kenyataan-media-anggota-pentadbiran-kerajaan-daripada-parti-barisan-nasional/
Budget will probably be passed.
2020-11-24 22:00 | Report Abuse
Bought cheap on October.....added some today
....to average up.....haha.
2020-11-24 18:07 | Report Abuse
Haha....tok kok old man calvin is back....
2020-11-23 22:41 | Report Abuse
https://www.malaysianow.com/news/2020/11/23/ex-minister-slams-top-glove-after-over-1000-workers-down-with-covid-19/
Former youth and sports minister Syed Saddiq Syed Abdul Rahman launched a scathing attack on rubber glove giant Top Glove today over the large number of its workers who have contracted the Covid-19 virus.
“This company has a problematic record when it comes to the welfare of its workers,” the Muar MP said.
2020-11-22 15:01 | Report Abuse
59 posts....CONFIRMED NEWBIE....know how to read TA ah?
Wakaka...LOL
2020-11-22 14:58 | Report Abuse
Haha......copy and paste from which forum?
LOL......
2020-11-21 22:23 | Report Abuse
People with "sour grape" mentality will never become successful...what more a millionaire....
Hahahaha.......
Stock: [GENTING]: GENTING BHD
2020-12-05 18:07 | Report Abuse
https://www.freemalaysiatoday.com/category/nation/2020/12/05/nationwide-inter-district-and-inter-state-travel-allowed-from-monday/
Next week up....