Posted by stkoay > 2023-03-13 12:46 | Report Abuse

One of the good 3 SIBs Bank.

Posted by speakup > 2023-03-13 12:57 | Report Abuse

Wonder who the sor chai panic sell @5.11

Posted by RWG > 2023-03-14 21:43 | Report Abuse

cimb will be signature bank

Posted by speakup > 2023-03-14 22:00 | Report Abuse

If cimb bungkus, means economy damn bad and a lot of ppl will be out of jobs, including u

Posted by stkoay > 2023-03-14 23:02 | Report Abuse

MIDF Research maintains their ‘positive’ call on the sector.

“We believe that any weakness is a buying opportunity, especially given that banks offer attractive dividend yields,” it said.

Kenanga’s last call on the sector was ‘overweight’, noting banking stocks would be firmly held up by resilient earnings.

https://www.freemalaysiatoday.com/category/highlight/2023/03/14/malaysian-banks-tumble-on-knee-jerk-reaction-to-svb-collapse/

Posted by mf > 2023-03-14 23:03 |

Post removed.Why?

Posted by masterus > 2023-03-15 21:47 | Report Abuse

Credit Suisse shares tank over 30% after Saudi backer rules out further assistance

Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day.
Credit Suisse’s biggest backer, Saudi National Bank, has said it won’t provide further financial help for the bank.
Speaking to CNBC’s Hadley Gamble during a panel session in Riyadh on Wednesday morning, Credit Suisse Chairman Axel Lehmann declined to comment on whether his firm would need any sort of government assistance in the future.

Posted by RWG > 2023-03-15 21:58 | Report Abuse

cimb will be credit suisse

Posted by masterus > 2023-03-16 05:23 | Report Abuse

FOREX-Credit Suisse woes knock euro, sterling, Swiss Franc

Posted by masterus > 2023-03-16 05:27 | Report Abuse

First Republic Bank was cut to junk by S&P Global Ratings and Fitch Ratings amid concern that clients will pull holdings from the lender, even after U.S. regulators pledged support for the banking sector.

The California-based bank’s credit rating was lowered to BB+ from A-, and it remains on credit watch negative, according to an S&P statement Wednesday. Shortly after, Fitch cut the bank to BB from A-, a step below the S&P rating, and placed it on a negative rating watch.

Posted by speakup > 2023-03-17 08:15 | Report Abuse

https://www.nst.com.my/business/2023/03/889844/embattled-credit-suisse-shares-rebound-after-54-billion-lifeline

Posted by stkoay > 2023-03-17 12:47 | Report Abuse

“With their abundance of liquidity, they have been comfortable trading within their own market, but now with high risks there, I think they have no choice but to start looking at Asia again,” Yee said in the firm’s virtual media briefing on Friday (March 17) regarding Malaysia's second-quarter market outlook.

“There will certainly be a realignment of their portfolios. Some foreign funds will look to diversify their portfolios, especially for the financial sector. I think they are selling Western banks to look at Asia banks which, I say, are more stable and better capitalised.”

https://www.theedgemarkets.com/node/659583

Posted by masterus > 2023-03-23 06:25 | Report Abuse

Stocks slide following Fed’s rate hike, Dow sheds more than 500 points: Live updates

Posted by DickyMe > 2023-03-26 12:08 | Report Abuse

Tomorrow, bloodbath!

Posted by masterus > 2023-03-26 13:41 | Report Abuse

If Fed and SNB bail out such troublesome bank, they need the central bank foreign reserves to be used. Mean central bank foreign reserves down. Mean??

Posted by masterus > 2023-03-27 06:46 | Report Abuse

Germany’s Deutsche Bank tumbles as jittery investors seek safer shores

Posted by masterus > 2023-03-27 06:47 | Report Abuse

Deutsche Bank, the NEXT !

Posted by speakup > 2023-03-27 07:42 | Report Abuse

experts views:
https://www.thestar.com.my/business/business-news/2023/03/25/are-our-banks-safe

Posted by masterus > 2023-03-27 10:00 | Report Abuse

There are several key ratios that can be used to assess the safety of a bank. These ratios are used by regulators, investors, and analysts to evaluate the financial health of a bank. Some of the key ratios include:

Capital Adequacy Ratio (CAR): This ratio measures the amount of capital a bank holds as a percentage of its risk-weighted assets. A higher CAR indicates that a bank is better able to absorb losses and is therefore considered safer.

Liquidity Ratio: This ratio measures a bank's ability to meet its short-term obligations. It looks at the amount of liquid assets a bank holds, such as cash and government securities, as a percentage of its total deposits. A higher liquidity ratio indicates that a bank is better able to withstand short-term financial shocks.

Loan-to-Deposit Ratio (LDR): This ratio measures a bank's loans outstanding as a percentage of its deposits. A lower LDR indicates that a bank is lending out less of its deposits, which can be a sign of a more conservative lending strategy.
Non-Performing Loan Ratio (NPL Ratio): This ratio measures the percentage of a bank's loans that are not being repaid by borrowers. A lower NPL ratio indicates that a bank has fewer risky loans and is therefore considered safer.

Net Interest Margin (NIM): This ratio measures a bank's profitability by looking at the difference between the interest it earns on its loans and the interest it pays on its deposits. A higher NIM indicates that a bank is earning more on its assets and is therefore more profitable and potentially safer.

These ratios are just a few of the many metrics used to evaluate the safety of a bank. It's important to consider a variety of factors, including a bank's financial history, management team, and overall business strategy, when assessing its safety.

By Chat GPT

Posted by masterus > 2023-03-27 12:34 | Report Abuse

US Dollar Index fades two-day uptrend near 103.00, Fed’s preferred inflation, banking news eyed

US Dollar Index pares recent gains with mild losses amid cautious optimism, downbeat yields.
Fears of US recession, challenges to hawkish Fed concerns probe DXY bulls.
US Core PCE Price Index, risk catalysts are the key for fresh impulse.

Posted by speakup > 2023-03-28 07:33 | Report Abuse

https://themalaysianreserve.com/2023/03/28/bank-shares-rebound-on-svb-sale/

Posted by masterus > 2023-03-28 11:28 | Report Abuse

He said in 2014 he had deposited money amounting to 250,000 Singapore Dollars as fixed deposit at UOB Bank Miri.

Upon maturity in 2016, the amount had accumulated to approximately RM800,000 in his bank account.

“However, when I was about to withdraw the money, I was told by the bank officer that all the money in my account had disappeared.

“I was also told that 22,700 Singapore Dollars was taken out of my account without my knowledge and approval,” he said.

Following that, Dr Teo lodged a police report in Miri and copies of the report were sent to the Parliament, Bank Negara Malaysia and the Ministry of Finance.

Teo was accompanied by counsel Sam Laya, who was representing Teo’s lawyer Abun Sui.

Posted by Mtrade > 2023-03-30 16:04 | Report Abuse

Cimb gogogo

Posted by Mtrade > 2023-03-30 16:04 | Report Abuse

Best bank in Malaysia and sea

Posted by calvintaneng > 2023-03-31 20:00 |

Post removed.Why?

Posted by prudentinvestor > 2023-03-31 23:16 | Report Abuse

CannonTan at it again. Palm oil price has tumbled by over 40% since last year. Better sell all your plantation counters and switch to safer investments like Maybank , RHB Bank, CIMB bank.

Posted by skcheah > 2023-04-07 15:04 | Report Abuse

whats wrong with CIMB? should run?

Posted by speakup > 2023-04-08 08:30 | Report Abuse

U run, I buy
LOL!

Posted by NESARAJAH1 > 2023-04-08 15:21 | Report Abuse

See the trend. Bottom 5.16 than it moves up

Posted by speakup > 2023-04-09 11:35 | Report Abuse

https://www.businesstoday.com.my/2023/04/09/the-asian-banker-names-cimb-as-best-retail-bank-in-malaysia/

Hebattttt!

Posted by bursalchemy5133 > 2023-04-12 13:24 | Report Abuse

why cimb dividend not yet come in? today suppose to be the date of payment of dividend

Posted by NESARAJAH1 > 2023-04-12 14:25 | Report Abuse

Same here

Posted by bursalchemy5133 > 2023-04-12 15:59 | Report Abuse

already received the dividend.. hehe

Posted by speakup > 2023-04-12 16:19 | Report Abuse

Sabar

Posted by LittleKnife > 2023-04-15 00:10 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD 17-Jan-2165 Disposed 1,532,900 -
EMPLOYEES PROVIDENT FUND BOARD 02-Nov-2023 Acquired 2,207,000 -

Wow ! We are in the future already !

Posted by LittleKnife > 2023-04-15 00:11 | Report Abuse

How did EPF do that ?

Posted by speakup > 2023-04-15 08:47 | Report Abuse

EPF outsource some of its fund management to outsider fund management companies.
So,
One fund manager sell
Another fund manger buy
That's why.

Posted by masterus > 2023-04-20 10:00 | Report Abuse

Eagle borrowed money from Panda. If the Eagle doesn't want to payback the money borrowed from Panda. How? The Eagle will find the excuse such as split the Panda into small small cake, make the panda unrest and find a way to rob the money borrowed with sanctions excuse. The bear already done. Now is the panda.

Posted by CHHu > 2023-04-24 11:03 | Report Abuse

this masterus keep spreading his own animal-themed conspiracy over forums... enough already

Posted by snowball2000 > 2023-04-26 13:25 | Report Abuse

Just wondering how the First Republic Bank debacle would affect the banking sector...

Posted by linges > 2023-04-26 14:05 | Report Abuse

If u see below FRC bank reports, there are two issues, first 49% lower earning and customers withdrawn $104B. This caused major concern on banking sector.

Malaysia might be not affected, but many may prefer to wait till next earning released. But problem is most Bursa earning released after two months from financial ending date. So for Q1 2023, need to wait till end May 2023.


‘Investor jitters in the banking sector returned after First Republic Bank (NYSE:FRC) plunged 49% to record lows after reporting mixed first-quarter results that also showed its deposit levels fell by $104 billion from a year earlier, much more than the expected $40B decline.,

Posted by masterus > 2023-04-26 14:31 | Report Abuse

SAN ANTONIO, Philippines (AFP): US and Philippine troops fired a salvo of rockets at a warship representing an enemy vessel in the disputed South China Sea on Wednesday (April 26), in the final exercise of the allies' largest-ever military drills.

It was the first time the countries had conducted a joint live-fire exercise in the hotly contested waters, which China claims almost entirely.

The Star

Posted by seowdingdong > 2023-04-26 14:45 | Report Abuse

Cimb can I see you at rm 4 again?

Posted by Needluck > 2023-04-27 16:16 | Report Abuse

those chased this morning kena trap....

Posted by speakup > 2023-04-27 21:42 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/04/27/cimb-niaga-posts-295-jump-in-pre-tax-profit

Posted by linges > 2023-04-27 21:49 | Report Abuse

Great result !!

Posted by stkoay > 2023-04-29 00:01 | Report Abuse

https://www.asnb.com.my/img/banner/2023/ASM/ASMFAQ%20-%20ENG.pdf

Posted by stkoay > 2023-04-29 00:04 | Report Abuse

CIMB is the No.2 holding of ASM.
...with new RM5b coming....sure will continue to add kaw kaw....
....huat coming...... :)

Posted by speakup > 2023-04-29 09:34 | Report Abuse

Khazanah, PNB KWAP hold a lot Cimb

Posted by linges > 2023-04-29 09:43 | Report Abuse

CW-C98 exercise value @ rm5.08 expired yesterday.
Hope ‘selling game’ is over and normalized next week..