CIMB GROUP HOLDINGS BERHAD

KLSE (MYR): CIMB (1023)

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Last Price

8.20

Today's Change

-0.04 (0.49%)

Day's Change

8.20 - 8.22

Trading Volume

5,400


21 people like this.

18,529 comment(s). Last comment by mf 1 week ago

masterus

3,606 posts

Posted by masterus > 2020-10-29 19:30 | Report Abuse

LONDON: Coronavirus cases in England are now doubling every nine days, official figures showed Thursday, with the sharply increasing death toll piling pressure on the government to take national action.

Another 310 deaths of those testing positive for the virus were reported Wednesday – the second consecutive day of more than 300 fatalities.

hahasong

427 posts

Posted by hahasong > 2020-10-29 20:18 | Report Abuse

疫苗坏消息!《柳叶刀》发文:英国顶尖科学家警告“很多或全部” COVID-19疫苗项目可能失败,第一代“很可能不完美”。实际上,英国疫苗工作组的成员在《柳叶刀》杂志 上发表的文章中警告说,可能永远不会开发出完全有效的疫苗,而且认可疫苗的早期版本可能并不适合所有人。

Bad news for vaccines! "The Lancet" issued an article: Top British scientists warned that "many or all" COVID-19 vaccine projects may fail, and the first generation "probably not perfect." In fact, members of the British Vaccine Working Group warned in an article published in The Lancet that a fully effective vaccine may never be developed, and that early versions of approved vaccines may not be suitable for everyone.

hahasong

427 posts

Posted by hahasong > 2020-10-29 20:18 | Report Abuse

goreng mask stock PRLEXUS...goreng glove stock ESCERAM...gogogo!

Goldgent

1,348 posts

Posted by Goldgent > 2020-10-29 23:55 | Report Abuse

Touch 'n Go eWallet integrates with McDonald’s cashless payment
https://www.theedgemarkets.com/article/touch-n-go-ewallet-integrates-mcdonalds-cashless-payment

masterus

3,606 posts

Posted by masterus > 2020-10-30 09:14 | Report Abuse

Where in Europe is in lockdown?
Nearly all of Europe currently have some form of restrictions in place, with a few exceptions, including Sweden, Norway, and parts of Eastern Europe.

Poland has imposed a “red zone” lockdown, resulting in the closure of primary schools and restaurants.

Italy has moved to close bars and restaurants by 6pm each evening, and other recreational centre’s like swimming pools and gyms are also closed

Spain is ordering residents to stay at home between the hours of 11pm and 6am, with the exception of the Canary Islands.

The Czech Republic has imposed a partial lockdown.

apanama

3,796 posts

Posted by apanama > 2020-10-30 09:34 | Report Abuse

See you at RM 1.80 to RM 2.00

Moon1668

70 posts

Posted by Moon1668 > 2020-10-30 09:41 | Report Abuse

Looks like eating popcorn and drinking soda is more enjoyable than swimming in the market.
We ikan bilis are waiting and dreaming for the further downfall. I believe those with plenty of confidence are enjoying their pain right now.
Sorry, I am not ready to go in yet.

Moon1668

70 posts

Posted by Moon1668 > 2020-10-30 09:54 | Report Abuse

Covid19 is a punishment from Allah (SWT). As long as people continue to sin, the pandemic will continue to spread, just like the Moses plague during the exodus.
However, people are not stupid, especially the rich and the powerful people. Very soon, they will learn, and they will stop all the evil deeds.
Early next year, the pandemic will just disappear. Should only buy your shares around that time.

DChosen2

459 posts

Posted by DChosen2 > 2020-10-30 10:07 | Report Abuse

this downtrend will persist until middle 9 Nov ... after US election, Budget 2021 and CMCO for Klang Valley.

BigDaddy88

113 posts

Posted by BigDaddy88 > 2020-10-30 10:14 | Report Abuse

RM3 support broken, see you at 2.75

xuxu

5,855 posts

Posted by xuxu > 2020-10-30 10:17 | Report Abuse

mati....

xuxu

5,855 posts

Posted by xuxu > 2020-10-30 10:18 | Report Abuse

dividend can not cover loses, better put back FD

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-30 10:58 | Report Abuse

Est fall below ambank.

Posted by stocktrade101 > 2020-10-30 11:04 | Report Abuse

this is the right time for long term gain.

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-30 12:50 | Report Abuse

Sotong oh sotong, today eat sotong hangus

Ronaldh

263 posts

Posted by Ronaldh > 2020-10-30 15:56 | Report Abuse

no dividend for time being also, rubbish co

Keyman188

5,968 posts

Posted by Keyman188 > 2020-10-30 15:58 | Report Abuse

Yaa..Yaa...really rubbish...

Faster sell to Keyman188....

2.91

2.86

2.81

2.75.....

zerocool7199

1,238 posts

Posted by zerocool7199 > 2020-10-30 16:12 | Report Abuse

2.96 all in liao..keep for few year duwan see d

Willtolive

609 posts

Posted by Willtolive > 2020-10-30 17:15 | Report Abuse

I just bought at 2.95 but regretted

yfchong

5,877 posts

Posted by yfchong > 2020-10-30 18:01 | Report Abuse

Today cimb assasinated.. game over

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-30 18:06 | Report Abuse

Adulhai.....

yfchong

5,877 posts

Posted by yfchong > 2020-10-30 18:08 | Report Abuse

Can try luck at 2.90....

Posted by NoNonsenseHere > 2020-10-30 18:32 | Report Abuse

-
Supermax, the power of RM800 million profit.

CIMB Bank Market Cap = RM29 billion
CIMB profit = RM272 million

Supermax Market Cap = RM26 billion
Supermax profit = RM800 million

Next quarter Supermax expected to do RM1.2+ billion PAT

yfchong

5,877 posts

Posted by yfchong > 2020-10-30 22:15 | Report Abuse

Half mug blood

DChosen2

459 posts

Posted by DChosen2 > 2020-10-30 22:45 | Report Abuse

BNM gonna reduce OPR again .. looks like the bleeding wont stop so fast.

Pinpin

58 posts

Posted by Pinpin > 2020-10-30 23:23 | Report Abuse

CIMB is a piece of sh!t, my friend just got hacked and lost money. Their security system is pure shit, since 2 years ago news already out that they have issue but they keep denying, this company will go to the ground as more friends and family of victims boycott this stupid bank, companies will boycott also when employees get hacked. Goodbye sh!t bank

Posted by Start_0f_the_bull > 2020-10-31 05:29 | Report Abuse

Bank stock is not profitable as before. Morotarium of another six months is coming soon.

lmhkevin

60 posts

Posted by lmhkevin > 2020-10-31 10:14 | Report Abuse

Why worry so much if you are long term investor?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-31 10:34 | Report Abuse

Guessing time again for genius economists and analysts. Rate cut or stay put?
Dropping price seems to hint the possibility but only authority and insiders know the ultimate in advance.
Q3 est bad, Q4 bad too. Priced in? Buy then.
ST est fall below Ambank.

Posted by Loy Loy Cheong > 2020-10-31 14:51 | Report Abuse

Macro environment is not conducive for share market, lack the market upside catalyst. Until vaccines and recovery news are out, market will remain depress

abcd123

135 posts

Posted by abcd123 > 2020-10-31 17:00 | Report Abuse

what is your opinion comparing currently situation with 2008/9 financial crisis ? TQ

Posted by shareinvestor88 > 2020-10-31 17:35 | Report Abuse

Moratorium , NPL. SELL TP 1.50 - 2

Posted by Loy Loy Cheong > 2020-10-31 18:37 | Report Abuse

This is not a financial crisis like 2008, this is a virus and health issue, once the vaccine is announced, the end will be in sight and it be be the end of rubber glove play. Bank is still profitable, no one can stop you from wait for lower price, the question is can you get it.

Posted by shareinvestor88 > 2020-10-31 18:52 | Report Abuse

Another moratorium , JOB losses , what to expect

Posted by NoNonsenseHere > 2020-10-31 18:54 | Report Abuse

@Loy Loy Cheong
Glove shortage will last for at LEAST 3 more years
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-demand-next-three-years-says-hartalega-executive-chairman

Report by NBC News
https://www.nbcnews.com/politics/politics-news/trump-admin-woefully-behind-stockpiling-medical-gloves-covid-19-surges-n1245298

Rubber gloves factories are building new plants and getting new loyal customers everyday.
Good luck with your bank "profits"

mf

29,183 posts

Posted by mf > 2020-10-31 18:58 | Report Abuse

P 5003,269.96DERIVED30/10 | NYSE-40.15 -1.21%
Dow Jones26,501.6030/10 | NYSE-157.51 -0.59%

Posted by DonWorryBeHappy > 2020-10-31 20:25 | Report Abuse

Even with vaccine, there's no guarantee the pandemic will end, unless efficacy rate is 99-100%, now the targeted efficacy rate is only 50%, this means, everyone who took the jab has 50% chance to develop long lasting and effective immunity against c19. Its a coin toss. The worse part, those who took the jab will never know if it's really effective until they got infected.

What is becoming clearer now is there will be recurring spike in infections leading to recurring lockdown until a really effective vaccine is found may take years. Best case after 2 years, c19 just disappeared on its own.

Moving forward you ll see more businesses shut, higher household debts, cc debts, interest rate slashed to near 0, basically global economy is going to shit for the foreseeable future. NPL rise is a matter of time.

If want to hold banks make sure you can hold it for years.

yfchong

5,877 posts

Posted by yfchong > 2020-10-31 20:58 | Report Abuse

Sabar lah... you will get your price...............

RainT

8,448 posts

Posted by RainT > 2020-11-01 08:17 | Report Abuse

To win big in shares

dare to buy the correct companies and hold for long term

RainT

8,448 posts

Posted by RainT > 2020-11-01 08:17 | Report Abuse

the is no sight of c19 to end in near term

Yippy68

1,690 posts

Posted by Yippy68 > 2020-11-01 09:15 | Report Abuse

CIMB may not be the correct company,. Supermx AND Topglove will terbang to new high..

Yippy68

1,690 posts

Posted by Yippy68 > 2020-11-01 09:20 | Report Abuse

Buy when CIMB down to 2.50 , MBSB at 35 Sen,, ABMB at 1.50 and MAYBANK at 5,50 all are not impossible , then you are very safe... but when?

Elaine708

65 posts

Posted by Elaine708 > 2020-11-01 12:19 | Report Abuse

Sotong can down to 2.4 to 2.7

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:26 | Report Abuse

Covid-19: Malaysia reports 659 new cases, 80.3% from Sabah; daily recoveries hit record 1,000

Ahmad Naqib Idris/theedgemarkets.com
October 31, 2020 18:15 pm +08

https://www.theedgemarkets.com/article/covid19-malaysia-reports-659-new-cases-today-803-or-529-sabah-recoveries-hit-new-daily-high

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:26 | Report Abuse

KUALA LUMPUR (Oct 31): Malaysia reported 659 new Covid-19 infections today, 80.3% or 529 of which came from the worst-hit state of Sabah, while the Klang Valley contributed 10.6% or 70 cases. This raised the country's cumulative positive cases to 31,548, according to the Ministry of Health (MoH).
The number of recoveries hit 1,000 today — the country's highest so far in a day — as recoveries exceeded new infections for the second day in the past four days; on Thursday, recoveries came in at 685 versus 649 new infections.
This means a total of 21,248 patients have recovered so far, yielding a recovery rate of 67.4% of total confirmed cases.
As for active cases, which carry transmission risk, the tally is now down to 10,051 from 10,392 yesterday.
The death toll, meanwhile, remained at 249 or 0.8% of total infections, with no new additions.
No new infection clusters were reported today, according to the MoH. This means the number of active clusters remains at 33, while 114 clusters have ended.
In Sabah, 205 cases originated from existing clusters, while 203 cases were discovered via contact tracing and 121 infections were discovered from other Covid-19 screening tests.


Selangor saw 55 new cases, 18 of which came from existing clusters, followed by 22 from contact tracing, and 15 from other Covid-19 tests.
Labuan and Kuala Lumpur saw 12 and 11 cases respectively, followed by Sarawak (nine cases), Perak (six), Putrajaya (four), Kedah (two), Pulau Pinang (two), Terengganu (two), Pahang (one) and Kelantan (one).
Meanwhile, 137 cases or 20.8% of total infections today were linked to the prison clusters and temporary detention centres, namely the Kepayan cluster (26 cases) and the Rumah Merah cluster (111 cases).
Of the 659 cases reported today, one was an imported infection involving a foreigner who travelled from Bangladesh.

Declining R0
During the question and answer (Q&A) session today, MoH director-general Tan Sri Dr Noor Hisham Abdullah said Malaysia's R0, which measures the contagiousness of the virus, was brought down to 1.5 last week — from 2.2 at the start of the third wave of infections. A higher R0 translates into a higher rate of infection in the community.
For comparison, the second wave had an R0 rate of 3.55.
“Based on the projection for R0 of 1.5, daily new cases should be 1,357. If the R0 is 1.0, it should be 950 cases per day. However, we have been seeing daily cases of below 950 — at 799 yesterday and 659 today. So our R0 is currently below 1.0.
“This means that the measures that have been enforced under the CMCO (conditional movement control order) for the past two weeks — that is, by allowing economic sectors to operate while toning down social, education and sports activities — have resulted in a lower rate of infection,” he added.
Tan Choe Choe

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:33 | Report Abuse

Covid-19: Malaysia’s recovery on track, infectivity rate decreasing, says Health DG
* NATION
* Saturday, 31 Oct 2020 
7:00 PM MYT By TARRENCE TAN and AUSTIN CAMOENS

https://www.thestar.com.my/news/nation/2020/10/31/covid-19-malaysia-on-track-of-recovery-infectivity-rate-decreases-says-health-dg

PUTRAJAYA: Despite daily three-digit Covid-19 infection figures in the country, Health director-general Tan Sri Dr Noor Hisham Abdullah says Malaysia is on the road of recovery.
This was because the projected figures were much lower than expected, as the Health Ministry was predicting a four-digit spike of 1,357 cases on Thursday (Oct 29), based on the 1.5 infectivity rate, or known as the R nought (R0), said Dr Noor Hisham.

If the R0 level was at 1.0, Dr Noor Hisham said Malaysia would have gotten 950 cases on Oct 30 and 955 cases on Oct 31.
“But, there were only 659 cases on Oct 31. This means our R0 level is less than 1.0, ” said Dr Noor Hisham during a press conference at the Health Ministry in Putrajaya on Saturday.

“This meant that the conditional movement control order (MCO) that allows only the economic sector to function has a positive effect on reducing our R0 level to 1, ” he added.
For an R0 level of 1, it means that each Covid-19 patient will infect one other person.
Dr Noor Hisham also credited the lowered R0 level to the efforts of the Health Ministry, adding that they are now targeting to reduce the infectivity level to 0.3.
Dr Noor Hisham also urged Malaysians to play their role in ensuring SOPs are adhered to in order to curb Covid-19.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-01 14:47 | Report Abuse

Wow, Superb Good news !
Covid-19=>Malaysia’s recovery on track !
Furthermore next week is budget 2021 week and US presidential election will be over next week Wednessday !
So, next week start onwards will be the bull market for world stock markets including Malaysia’s KLSE !

Huat ah ! Heng ah ! Ong ah !

masterus

3,606 posts

Posted by masterus > 2020-11-01 18:43 | Report Abuse

Prime Minister Boris Johnson has announced a second national lockdown for England to prevent a "medical and moral disaster" for the NHS.

He said Christmas may be "very different" but he hoped taking action now would mean families can gather.

Pubs, restaurants, gyms and non-essential shops will have to close for four weeks from Thursday, he said.

But unlike the restrictions in spring, schools, colleges and universities can stay open.

masterus

3,606 posts

Posted by masterus > 2020-11-01 18:46 | Report Abuse

Austria's government announced Saturday a second mass shutdown and a curfew starting next week until the end of November, in an attempt to halt rocketing coronavirus infection numbers.

Posted by monique1968 > 2020-11-01 22:23 | Report Abuse

Will drop further, be patience

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