Posted by Jeffreyteck > 2020-03-02 17:57 | Report Abuse

This price 4.60 already factored in:
... virus, US market, rate cut, foreign fund outflow, strong support for new gov?

Posted by ivanlau > 2020-03-02 23:13 | Report Abuse

cimb fair value should be 4.4 based on forward eps........

Posted by chanjinone > 2020-03-03 10:01 | Report Abuse

Downtrend

Posted by Willtolive > 2020-03-03 10:05 | Report Abuse

How about buying at RM4?

Posted by chanjinone > 2020-03-03 10:09 | Report Abuse

I will buy at rm4

Posted by rexarin > 2020-03-03 10:10 | Report Abuse

what happened to cimb

Posted by super888 > 2020-03-03 10:23 | Report Abuse

look like habis turun terus....what happen ?

Posted by tien171 > 2020-03-03 10:27 | Report Abuse

Big boys are selling ..

Posted by Jeffreyteck > 2020-03-03 10:44 | Report Abuse

Foreign funds...28 feb 333m, 2 mac 329 m... Outflow

Posted by mobidick > 2020-03-03 10:51 | Report Abuse

Normal correction, just need to watch a few more days, see BNM cut rate or not. IF BNM cut another 25bps then expect another selldown. But now looking at cimb price, it seems likely they had insider notice on cutting. Nobody knows, although reading about US fed, if fed cut, then most likely it will affect RM as well, then bnm will preemptively cut as well.

Posted by limiklimik > 2020-03-03 10:53 | Report Abuse

I buy, it drops. I buy, it drops again. At this point, I should just bet against myself...

Posted by WarrenPuffet > 2020-03-03 10:55 | Report Abuse

Does it have to do with any political issue link to the board of directors in CIMB?
Anyone can provide more info for us? Thanks

Posted by eYuppie > 2020-03-03 10:58 | Report Abuse

It's just panic selling. It's still worth sbove RM5. Buy when people fear - Buffet

Posted by tien171 > 2020-03-03 11:02 | Report Abuse

klse sems weak .
rebound today is weak.
means more drop coming !

Posted by fightingdragons > 2020-03-03 11:13 | Report Abuse

Why dropping so much?

Posted by griezmann > 2020-03-03 11:17 | Report Abuse

earnings going to be weak in 2020 also... 2-3 years ago they got so many one offs selling assets... now got nowhere to hide...

Posted by limiklimik > 2020-03-03 11:40 | Report Abuse

I am not so worry about long term performance of this counter, but having difficulty trying to decide when the price will bottom out so I buy back at a good price.

Posted by mobidick > 2020-03-03 11:53 | Report Abuse

Its more to do with banking NIM squeeze. If im not wrong Cimb have more business in interest generating asset. Thats why any OPR decision can shake the price. Why MBB and PBB is not more affected as bad as cimb im not sure, maybe they are more balanced in their asset management. I dont really look at chart, but you can see its downtrending for entire finance sector pbb, rhb, bimb, cimb, ammb, only maybank relatively stable. Market is taking into account that there will likely be 2-3 cut in FY20.

There is also the case where CIMB have higher foreign shareholding at 30%+- compare to MBB(20%+-).

In all case, political instability will affect overall klse not just finance sector. I should probably prepare USD to hedge myr.

Posted by Jeffreyteck > 2020-03-03 12:00 | Report Abuse

Est bank counters will take turn to go down amidst non stop bleeding of foreign funds. Today cimb pbb and hlb (both with relatively low DY) may be the next as sentiment and macro environment remains weak.

Posted by Teh1989 > 2020-03-03 12:05 | Report Abuse

Buy buy buy

Posted by Teh1989 > 2020-03-03 12:12 | Report Abuse

2nd half back to 4.60

Posted by investmalysia > 2020-03-03 12:15 | Report Abuse

CIMB Low dividend yield?

Posted by limiklimik > 2020-03-03 13:24 | Report Abuse

@kinuxian good point about the FTSE Russell, need to keep an eye on 20/21 March

Posted by BearishTrend > 2020-03-03 14:37 | Report Abuse

Hope reboind 5.00 above.. Catching at 4.45 today

Posted by jiunn > 2020-03-03 15:09 | Report Abuse

***BREAKING NEWS!!!

BNM CUTS RATE 0.25% !!!

Posted by rexarin > 2020-03-03 16:21 | Report Abuse

today morning these ppl seems to have insider news

Posted by mobidick > 2020-03-03 16:36 | Report Abuse

As expected, another 0.25% cut. 1H20 and already 2 cuts not even FD is safe anymore. We can also expect inflation to rise a little, such a bad decision.

Posted by mf > 2020-03-03 16:43 | Report Abuse

Advisor to Iran’s supreme leader dies after contracting coronavirus

Posted by KassimBaba7 > 2020-03-03 22:03 | Report Abuse

Big shots dumped by 4million lol...

Well..that means FD payments will drop, but people will take money out.. jeng3

Posted by yfchong > 2020-03-04 07:09 | Report Abuse

Take dividend first

Posted by Jeffreyteck > 2020-03-04 08:45 | Report Abuse

Without epf, yesterday will be even more excited. To what extent can defense the local bourse with continue outflows (257 m) yesterday.

Posted by BearishTrend > 2020-03-04 08:51 | Report Abuse

Ayo.. Next support 3.8

Posted by Cakes Moon > 2020-03-04 08:52 | Report Abuse

London bridge is falling down~

Posted by leslieroycarter > 2020-03-04 09:44 | Report Abuse

Recession

Posted by Jeffreyteck > 2020-03-04 14:32 | Report Abuse

Power ($) struggling revealed so many devils and ugry faces. Most jokingly many claims to be for one nation. Feel proud of them, dare to tell children and future generations about ethic, loyalty, hamber etc.

Posted by mf > 2020-03-04 15:24 | Report Abuse

Coronavirus live updates: Central banks lack ammunition as cases globally near 92,000

Posted by Pandu1 > 2020-03-04 17:01 | Report Abuse

If lending rate goes down, more people will borrow money. Mean more business for the banks. Profit margin between deposit rates and lending rates will be the same. Y worry? Banks still will make profits + the non interest income.

Posted by Pandu1 > 2020-03-04 17:10 | Report Abuse

All shares prices will go down if the foreigners sell their holdings. We Malaysian (retail & institution) should buy during this time and keep the performing companies shares.

Posted by Jeffreyteck > 2020-03-04 18:18 | Report Abuse

Assuming bank deposit 5%($50), lend 10%($100), net $50, margin 100%.
Assuming bank deposit 2.5%($25), lend 5%($50), net $25, margin 100% too.
Which is better for banks.

Posted by newbie456 > 2020-03-04 19:00 | Report Abuse

u mean same?

Posted by Jeffreyteck > 2020-03-04 20:33 | Report Abuse

Same margin but lesser amount, which do you want? Earn $50 or $25, both 100% margin (eg).

Posted by Investor48 > 2020-03-04 22:27 | Report Abuse

Wah..epf sapu so much ah..when the price was higher..
Most likely price bottom liaw..

Hehe...

Posted by tkl88 > 2020-03-05 06:58 | Report Abuse

Walaoeh, hosei liao lah today !
Dow Jones spike up more than 1,000 pts again !
DJI closed at: 27,090.86 (+1,173.45) (+4.53%) !

Huat ah ! Heng ah ! Ong ah !

Posted by WarrenPuffet > 2020-03-05 08:28 | Report Abuse

I think under Bursa rules, there's a limit for each company holding towards a particular company share. EPF forcefully buy over the limit of their holdings they might need to force release to. Can't hold very long

Posted by mancingbursa > 2020-03-05 10:48 | Report Abuse

Unacceptable the q result.......

Posted by Keyman188 > 2020-03-06 08:19 | Report Abuse

Fundamental strong...

Slowly slowly accumulate...

Don't one short all in.......

Plenty of room further downside risk now for Bursa Malaysia...

Personally point of view, KLCI can fall to range of 1150 ~ 1220 within next 18 months...

Posted by gghaha > 2020-03-06 09:58 | Report Abuse

mbb got epf cimb got who to support....:)

Posted by linges > 2020-03-06 17:33 | Report Abuse

Top up some @ 4.44

Posted by Loh Kok Wai W > 2020-03-06 17:35 | Report Abuse

yongch 讲得对；目前国内外都没有好消息，买了一定被绑。

Posted by investmalysia > 2020-03-07 09:43 | Report Abuse

CIMB got Khazanah support