Posted by JBond007 > 2020-12-17 08:39 | Report Abuse

Diamonds Are Forever.
Never Say Never Again to Octopussy.

Posted by MingGoon > 2020-12-17 09:33 | Report Abuse

cimb koyak la..

Posted by aiyooo > 2020-12-17 10:04 | Report Abuse

rocket lai!!!!!!!!!!!!!!!!!!!!!!!!!!! shoot to moon

Posted by aiyooo > 2020-12-17 10:04 | Report Abuse

bank bring back market sentiment up rocket up come

Posted by MingGoon > 2020-12-17 10:39 | Report Abuse

Cimb...
Take some profit today.
If dont some CIMB profit, drop... koyak la

Posted by WarrenPuffet > 2020-12-17 11:12 | Report Abuse

CIMB stay strong don't fall too much!!!
Slowly climb back to your position!!!
Dun GIBBAB CIMB GAMBARREH!!!!

Posted by MingGoon > 2020-12-17 11:14 | Report Abuse

Cimb keeps dropping
Those who have taken profit at 4.55, congratulations.

Posted by MingGoon > 2020-12-17 11:14 | Report Abuse

Why CIMB keeps dropping.
EPF selling a lot ma

Posted by MingGoon > 2020-12-17 11:18 | Report Abuse

Habis la..
CImb 4.38

Posted by TunDaim > 2020-12-17 11:29 | Report Abuse

sotong

Posted by limkokthye > 2020-12-17 11:37 | Report Abuse

Sotong kena grill

Posted by limkokthye > 2020-12-17 11:37 | Report Abuse

Lucky take and go,rm1.5k

Posted by param1 > 2020-12-17 11:40 | Report Abuse

WAITING ...4.20 and 3.80 if can top up

Posted by MingGoon > 2020-12-17 11:44 | Report Abuse

4.36 habis la...
drop more and more
habis la

Posted by limkokthye > 2020-12-17 13:03 | Report Abuse

Profit taking day

Posted by Riaz1954 > 2020-12-17 14:03 | Report Abuse

Not a bad thing to have a correction and then move on.....next year. So decode your asset allocation for 2021-2022 and stick to it! Banks, Leisure, oil, tech, construction and stick to it not worry about day traders.....

Posted by Ahmadahmad88 > 2020-12-17 14:17 | Report Abuse

until 3.5 also correction .

Posted by stkoay > 2020-12-17 15:39 | Report Abuse

https://www.theedgemarkets.com/article/growing-bullishness-among-retail-investors-net-buy-flows-rose-72-weekonweek-dec-711-%E2%80%94


"The three stocks that witnessed the highest net outflows from domestic institutional investors last week were Top Glove (-RM342 million), Public Bank (RM91 million) and Kossan (RM88.7 million) while the three stocks that witnessed the highest net inflows were CIMB (RM233 million), Maybank (RM88 million) and TNB (RM84 million)," it said.

Posted by Masterbadman > 2020-12-17 15:54 | Report Abuse

Is this price still a good buy?

Posted by MingGoon > 2020-12-17 15:57 | Report Abuse

Day Traders taking profit
Got to wait another drop before it goes up

Posted by Taeyeon09 > 2020-12-17 16:04 | Report Abuse

Waiting collect at 3.6

Posted by Masterbadman > 2020-12-17 16:14 | Report Abuse

Will do thanks.

Posted by IvanC > 2020-12-17 16:26 | Report Abuse

impossible to drop 3.6 it will break 5 in 2 weeks time

Posted by Riaz1954 > 2020-12-17 18:38 | Report Abuse

Mongoose....lucky to take profit at 4.55! Really! Day traders....this counter is for medium term investors and not gamblers......pricing is perfect to load up and wait......Malaysia economy is linked to companies such as this... economy is expected to grow 6.6% next year!

Posted by JBond007 > 2020-12-17 20:10 | Report Abuse

The moving averages (MA 50 & MA 200) are moving closer, probably will see a 'Golden Cross' soon. Today indicators (MA 50 = 3.503, MA 200 = 3.549).

Posted by Riaz1954 > 2020-12-17 20:36 | Report Abuse

I like golden cross.........will see major upshift....after day traders sell their holdings to buy Turkey!

Posted by rojakmee > 2020-12-18 07:26 | Report Abuse

Maybank now is higher before Covid, CIMB still below Before Covid which is RM5.5 , still undervalued by RM1

Posted by rojakmee > 2020-12-18 07:27 | Report Abuse

Big funds will mop it up fast

Posted by WarrenPuffet > 2020-12-18 07:58 | Report Abuse

CIMB be good boy climb solid and steadily for us today ok? We Sayang Sayang you CIMB.
Dun GIBBAB and GAMBARREH!!!

Posted by Aurora13 > 2020-12-18 08:30 | Report Abuse

Second mrna vaccine by moderna receiving fda approval, Happy trading

Posted by yfchong > 2020-12-18 10:02 | Report Abuse

London bridge is........

Posted by limkokthye > 2020-12-18 10:14 | Report Abuse

big lau sai

Posted by shanny22 > 2020-12-18 10:26 | Report Abuse

Drop like hell

Posted by shahukhan > 2020-12-18 10:35 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/12/18/bank-earnings-expected-to-rebound-next-year

Posted by cyng11 > 2020-12-18 10:42 | Report Abuse

I see link above, but how to go in to read it? so sorry to ask stupid question, i am a newbie here

Posted by shahukhan > 2020-12-18 11:18 | Report Abuse

From today's Star Paper:

PETALING JAYA: Banks are expected to outperform the market in 2021 as the economy recovers with better availability of Covid-19 vaccines in the second half of 2021, says RHB Research.

The research unit has forecast the sector’s net profits to rebound by 27% in 2021 – although this would still be 12% below pre-pandemic levels – after dipping 30% in 2020.

The uplift in earnings is mainly on the year-on-year lower (still somewhat elevated) credit cost, as RHB Research expects most banks to bring forward much of their respective provisions to 2020.

Asset quality will again be the focal point after months of delay caused by various debt-repayment relief programmes.

Also, it noted that despite recently unexciting financial results, bank stocks have rallied 37% since the start of November, as investors disregard the near-term uncertainties and instead focus on the expectation of a vaccine-induced recovery.


The recent strength in share prices is almost entirely driven by price-to-book value (P/BV) multiple expansion (valuation re-rating), while there has been little to no changes in sector fundamentals – the outlook remains uncertain, with provisions still elevated.

RHB Research also said there appeared to be a disconnection between the “what-has-been” (fundamentals) and “what-will-be” (valuation) for bank stock valuations.

It said the rotation-to-cyclical play will gain more traction in 2021, as investor confidence improves along with the economic recovery.

In its view, the rotational play will likely be at full force when a vaccine is finally approved and mass deployment begins.

Meanwhile, environmental, social and governance (ESG) issues will gain more traction and be one of the key focus areas by banks.

Areas such as responsible lending and better corporate social responsibility will very much be under the spotlight. It is expected that more banks will announce their respective ESG frameworks and strategies in 2021.

The research unit is maintaining an overweight call on the sector, with Hong Leong Bank Bhd as its defensive pick with a target price of RM21.90. It has downgraded Public Bank Bhd to a neutral, largely on the grounds of valuation. Its target price is RM21.60.

It also has buy calls on Malayan Banking Bhd with a target price of RM10 and AMMB Holdings Bhd with a target price of RM4.20, which are its recovery picks as both should benefit more from the normalisation of credit costs.

It has upgraded CIMB Group Holdings Bhd to a buy with a target price of RM5.10. The low base in 2020 will pave the way for a stronger rebound while its current valuation is still more than 30% below its big-cap peers.

Posted by cheer76 > 2020-12-18 11:21 | Report Abuse

CIMB Fibo chart http://extrecey.com/1T0d

Posted by Taeyeon09 > 2020-12-18 11:23 | Report Abuse

Run

Posted by bros77 > 2020-12-18 11:48 | Report Abuse

hold tight

Posted by limkokthye > 2020-12-18 11:50 | Report Abuse

Hope big collapse today

Posted by Vairocana9999 > 2020-12-18 12:01 | Report Abuse

Agreed 100%.

But, but but, the price of banks and other recovery stocks already FACTORED IN till END 2021 ( must follow the style of IB analysts). The share price is moving up too fast, all good news already factored in. So what is the strategy now? GO ASK THE IB ANALYSTS.

--------------
From today's Star Paper:

PETALING JAYA: Banks are expected to outperform the market in 2021 as the economy recovers with better availability of Covid-19 vaccines in the second half of 2021, says RHB Research.

The research unit has forecast the sector’s net profits to rebound by 27% in 2021 – although this would still be 12% below pre-pandemic levels – after dipping 30% in 2020.

The uplift in earnings is mainly on the year-on-year lower (still somewhat elevated) credit cost, as RHB Research expects most banks to bring forward much of their respective provisions to 2020.

Asset quality will again be the focal point after months of delay caused by various debt-repayment relief programmes.

Posted by icha6285 > 2020-12-18 12:04 | Report Abuse

bank counter yg paling hawau di msia

Posted by IvanC > 2020-12-18 12:23 | Report Abuse

Great chance to buy in, next week will fly again, buy!!!

Posted by Cakes Moon > 2020-12-18 12:23 | Report Abuse

How come so cheap? Gatal buy some to keep~

Posted by limkokthye > 2020-12-18 12:57 | Report Abuse

Today can get 3.80?

Posted by Diamond7 > 2020-12-18 13:23 | Report Abuse

Probably can
Anything can happen in Bursa casino...

Posted by futureGrowth > 2020-12-18 13:27 | Report Abuse

Now all the bank price already higher than before Covid19. Do you see our Malaysia economic already good? All bank counter push up to make our index nicely look. So wait it retrace first, now everybody should take profit when buy at bottom. Merry Christmas and Happy New Year.

Posted by bros77 > 2020-12-18 13:39 | Report Abuse

last call for collection before fly back above 4.5

Posted by Alfonso > 2020-12-18 13:59 | Report Abuse

Sotong, no problem u just keep in rest mode, people come and attack u again when u are dropping, no worry sotong, gambateh and u will come back in strong!

Posted by apple168 > 2020-12-18 14:42 | Report Abuse

Profit taking before Christmas