Posted by investortrader88 > May 25, 2020 4:52 PM | Report Abuse

The news provided by media maybe can help us to understand a bit why Khazanah have been reducing their stakes in some PLC in equity to avoid exposure to higher risk of investment.

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Good home work done.

This is the kind of investor who buy CIMB at current level.

Cheers.......

No la. Normally this trained Monkey, who go to many tread to talk 3 talk 4 talk cock, do not have money to buy.

She only got free time to do silly things.

Posted by investortrader88 > May 25, 2020 12:03 PM | Report Abuse

Top 25 shareholders own 78.17% of Cimb Group Holdings Berhad.

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According to disclosure made on 20-5-20, EPF has been accumulating on a daily basis....KWAP has also been buying.

Khazanah has recently sold TM for 750M, reason being to invest in new investment.....will they also buy like EPF and KWAP ?

Posted by Bao2lai > May 24, 2020 11:53 AM | Report Abuse

Ya, we mostly encourage to react with current information and estimate an foreseeable near term share movement. When good news come in with increasing share price, we buy. Similarly when bad news about company performance with down trend share price we sell. This intelligent movement jump in good news and jump out at bad news can be done by a trained monkey.
24/05/2020 11:46 AM

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VERY WELL SAID !!

So, from the posting, we can differentiate the trained money from the smart investor.

I am a value investor, started buying in early April and will continue to accumulate at different levels, the lower the better.

https://klse.i3investor.com/blogs/savemalaysia/2020-05-23-story-h1507806732-Banks_earnings_show_real_economy.jsp

The bank’s provisions at RM968mil during the first quarter, which was mainly contributed by its Singapore operations, are almost double its net profit.

On a year-on-year comparison, CIMB’s provisions were triple the amount during the corresponding quarter last year at RM300mil.

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They made additional 668M provision verses 1Q19.
The 1Q profit without this additional provision will result a net profit 1.175B, which is commendable.

https://klse.i3investor.com/servlets/ptres/55022.jsp

More O&G provision top-up. The oil & gas loan portfolio, which makes up 2.3% of total lending is set to drag bottom-line (30% of this are impaired and loss coverage is 80%). So far, we gathered 2 accounts here got hit by fraud and seem unsalvageable. Hence, CIMB intends to provide 100% loss for both bad loans (one in 1Q20 and the other likely in 2Q20); from our channel checks, these could amount close to RM1b.

Management already made known about the large provisions during their conference call on 28/4/20.

https://klse.i3investor.com/servlets/ptres/55028.jsp

O&G impairments: RM1bn provisions – Management guided two major loans to oil & gas (O&G) trading companies will likely see full provisions totaling ~RM1bn.

In the last paragraph of the press release, it says....

We remain committed to
providing returns to our stakeholders.

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Unlike banks in UK, where dividend is being suspended for this year.

https://klse.i3investor.com/blogs/MplusOnline/2020-05-22-story-h1507779110-M_Online_Technical_Focus_22_May_2020.jsp

CIMB has experienced a short-term consolidation breakout above the RM3.52 level on mild volumes. The MACD Histogram has extended another green bar, while the RSI has risen above 50. Price may advance, targeting the RM3.65-RM3.83 levels. Support will be pegged around the RM3.37 level.

Source: Mplus Research - 22 May 2020

https://www.theedgemarkets.com/article/maybank-1q-net-profit-rm205b-revenue-climbs-rm1322b

https://www.theedgemarkets.com/article/malaysian-banks-remain-robust-facing-covid19-headwind-sp

Malaysian banks are quite robust with a clear position of strength in facing the bump of the COVID-19 crisis and are seen better placed compared with their regional peers, said S&P Global Ratings.

Among banks under its coverage, S&P Ratings had given A rating with stable outlook for Public Bank and A- with stable outlook for Maybank and CIMB which were on par or higher than sovereign rating of Malaysia which is at A-, and believes that the Government is highly supportive of the banking industry.

“The banks enjoyed 2 to 3 notches of stand-alone credit profile (SACP) protection. Therefore, at this juncture the rating downgrade is very unlikely, given the current scenario,” she noted.

Posted by investmalysia > May 21, 2020 9:26 AM | Report Abuse

Gtrade, no need to make noise here. If you don’t like just switch broker. Anyway brokerage is Min RM8 per trade only. Wont affect CIMB much.

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Correct correct correct.....Just Switch Broker, CIMB will not miss you.

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488506_2738761859.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488507_2738761858.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488510_2738761818.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488504_2738761863.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488503_2738761864.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488509_2738761854.jsp

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488508_2738761856.jsp

KWAP also continues to accumulate......owns 700M shares as at 6th May 2020.

https://klse.i3investor.com/insider/substantialShareholder/1023/20-May-2020/488500_2738761869.jsp

EPF continues to accumulate......owns 1.5B shares as at 6th May 2020.

https://www.theedgemarkets.com/article/maybank-indonesia-1q-net-profit-leaps-30-feebased-income

https://www.theedgemarkets.com/article/indonesia-surprises-holding-key-rate-amid-volatile-market

https://www.theedgemarkets.com/article/indonesia-surprises-holding-key-rate-amid-volatile-market

https://www.cnbc.com/2020/05/18/dividend-rich-bank-stocks-are-late-to-the-rally-but-their-bounce-may-be-a-good-sign-for-market.html

Mike Mayo, Wells Fargo banking analyst, said there was also positive news for the group, when Warren Buffett’s Berkshire Hathaway disclosed that its holdings continue to be heavily in banks, even though it sold a large chunk of a long-held stake in Goldman Sachs and shed some of its JPMorgan stock.

“Buffett still has basically his biggest investment in history in the banks. That’s quite a statement. He’s not afraid to bail when something’s not going the way it should. The best investor of all time has his biggest investment ever, less 3%, in banks. Maybe he knows something the market is missing,” Mayo told CNBC in an email.

Mayo notes that Buffett’s holdings remain in Bank of America, Bank of New York Mellon, and M&T Bank. Berkshire also built higher stakes in PNC and U.S. Bancorp, Mayo added.

https://www.cnbc.com/2020/05/18/dividend-rich-bank-stocks-are-late-to-the-rally-but-their-bounce-may-be-a-good-sign-for-market.html

Mike Mayo, Wells Fargo banking analyst, said there was also positive news for the group, when Warren Buffett’s Berkshire Hathaway disclosed that its holdings continue to be heavily in banks, even though it sold a large chunk of a long-held stake in Goldman Sachs and shed some of its JPMorgan stock.

“Buffett still has basically his biggest investment in history in the banks. That’s quite a statement. He’s not afraid to bail when something’s not going the way it should. The best investor of all time has his biggest investment ever, less 3%, in banks. Maybe he knows something the market is missing,” Mayo told CNBC in an email.

Mayo notes that Buffett’s holdings remain in Bank of America, Bank of New York Mellon, and M&T Bank. Berkshire also built higher stakes in PNC and U.S. Bancorp, Mayo added.

https://www.cnbc.com/2020/05/13/stock-market-futures-open-to-close-news.html

Dow claws back 458-point loss, turns positive as banks rally

https://www.theedgemarkets.com/article/banks-entering-hardship-period-position-strength-%E2%80%94-bnm

https://www.businessinsider.sg/stock-market-bottom-2021-could-boom-year-stocks-jeremy-siegel-2020-5

More money has been added to the system in the past eight weeks than was added in the entire year following the collapse of Lehman Brothers, according to Siegel.

Once confidence begins to recover, that liquidity will flow into spending and into the stock market.

“I do think that the March low is definitely going to be the low,” Siegel said, adding that the stock market can make news highs in the next year-and-a-half to two years.

Still, there is risk, according to Siegel.

“The only worse-case scenario is if there’s a huge second wave in October, we don’t have therapeutics, no vaccine is available … and there’s a total shut down again,” he said.

While Siegel said that investors can’t take that possibility off the table, he views it as a low-probability risk.

https://klse.i3investor.com/blogs/savemalaysia/2020-05-07-story-h1506939064-SRR_relaxation_can_boost_bank_earnings.jsp

https://www.nst.com.my/business/2020/05/590076/rm16bil-additional-liquidity-bank-negara-relaxes-srr

Why is the "non investor" so concerned about whether other ppl buy or not???

It will probably be lower revenue and lower profit.....not negative revenue and losses.

During the conference call on 28th April, management is still holding to a 40-60% dividend payout guidance.

https://klse.i3investor.com/servlets/ptres/55028.jsp

https://www.cnbc.com/2020/04/30/ubs-worlds-wealthiest-sticking-with-stocks-despite-coronavirus-crisis.html

https://www.cnbc.com/2020/04/30/singapores-dbs-earnings-q1-2020.html

https://klse.i3investor.com/blogs/hleresearch/2020-04-28-story-h1506165433-Banking_Not_False_Hope_for_Dividends.jsp

Agree with stockraider.
Khazanah owns 24.5%
Kumpulan Wang Persaraan owns 7%
EPF owns 14%

This funds are still buying.
I do not have any holding before but have started collecting since 1st April.....

hello jacklintan, when are you coming to my home town for holidays?
your good friend 119 is still very active at KSL......haha....:)

hello calvintaneng, how much have you make from mpcorp........since your recommendation from year 2010?

I like sitia's comment.........haha.

hello, how is everybody still doing.....

long time no hear.

Hi upsidedown119, Happy New Year to you.
I owned a few hundred thousand shares. I took profit and sold all at an average price of 4.50 in Novewmber 2014.

For those who wish to know more about calvintaneng.......pls visit..........


http://klse.i3investor.com/servlets/forum/800001170.jsp

calvintaneng conducted operasi tong sampah at MPCORP in 2014......the stock nosedived from above 50 sen to current 14 sen.......hahaha.....
.......and he disappeared from the tread..........hahaha.

upsidedown119,
one of your favorite, Puncak, interestingly debated, why not sharing your valuable tot there? Sifu like u must share share la.

15 yrs?
More than 25 yrs, profited from the 1993 super bull run and also seen the KLSE dropped to 261 points on 2-9-1998.
This is share market........
The debate is getting interesting these few days......
kahhoeng has put in a great effort.....but sad to say, I agree with the others that SC will not do anything.......

upsidedown119, at what price the sifu said he sold off all his holding recently? hahahaha.....................

Happy New Year to you upsidedown119.
I have sold all my KSL in November 2014 at an average price of 4.50.
This is one of my darling and I am waiting for the right time to buy back.

Posted by the expert > Feb 8, 2017 09:11 AM | Report Abuse

sold off all KSL at 1.14, lock in all paper profit, free up capital



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wakaka

roger123, why didn't include your friend in the list?

25)jacklintan

Posted by speakup > Dec 27, 2016 04:50 PM | Report Abuse

many uncles & aunties trapped at 2.80 before rm1 special dividend (or 1.80 after special dividend)

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The syiok sendiri sifu also strongly promoted when it was trading around 2.80.
But each time the price rebounded from its low, he will declare that he is selling for a paper profit.........wakaka..........

I advised investors to sell everything in late 2014 and take a break bcos the the bull was old and tired (market rallied after sub prime in 2008).
Those who acted must be having a very relax and stress free time.....and also holding on to the big profit......

calvintaneng recommended this stock in early 2014 when it was trading above 50 sen. He also said he will conduct operasi tong sampah ie buying all he can....even with borrowed money.
After 2 years, his investment dropped a few HUNDRED percent.
This is what will happen to your investment if you have eagle eyes like calvintaneng.

Posted by calvintaneng > Apr 25, 2016 08:32 PM | Report Abuse

Posted by trap_ > Apr 25, 2016 08:24 PM | Report Abuse

55 sen drop to 18 sen drop of 70%.


Mp Corp?

Money
Power
Corp

THIS INTRINSIC OR BREAK UP VALUE OF MP CORP IS MORE THAN 70 CENTS

Anyone selling at 18 cents?

Calvin is buying

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Where is the shiok sendiri fairy tale calvin??

And also the Sam who claimed he invested all his money in this stock hoping to retire rich........hahaha
No more long long fairy tale meh??

This laubeh now has new title........
Tun Dr Fitnah.........
Maha Tipu..........

rogers123 is now so smart, can see thru' the sifu.......

but has yet to learn the art of syiok sendiri from him......hahaha.