Posted by troy88 > 2024-05-07 14:36 | Report Abuse

Congrats to holders. RM7+ coming!

Posted by Pinky > 2024-05-07 15:00 | Report Abuse

if CIMB is "weak fundamental", many can go into longkang d hahahahaha

Posted by speakup > 2024-05-07 15:25 | Report Abuse

Nobody say cimb poor fundamentals. Read the thread properly

Posted by stkoay > 2024-05-07 16:55 | Report Abuse

Getting volatile leh, till don't know what price to Q.... :p

Posted by speakup > 2024-05-07 21:14 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/05/07/stop-dealing-with-israel-friendly-firms-bds-msia-urges-govt/

Posted by enning22 > 2024-05-09 18:02 | Report Abuse

price consolidates, and will test new high.

Posted by Mabel > 2024-05-09 21:41 | Report Abuse

The Real Trick To Investing Is — Patience.
You need patience to see the stock go to the bottom.
And you need patience to see the stock go to the top.
And you also need patience to see the stock to skyrocket.
And then you also need patience to see your compound dividends coming in every single month or quarterly.

Charlie Munger once said, “The big money doesn’t come from the trading every single day, but from patience of wait-and-do-nothing.”

So, if you want to make big money with patience…

Warren Meow

Posted by speakup > 2024-05-10 07:47 | Report Abuse

https://focusmalaysia.my/engage-launches-freedom-fund-2-0-to-crowdfund-for-clare-rewcastle-brown-gerakbudaya-and-vinlee-press/
pls donate

Posted by stkoay > 2024-05-13 22:36 | Report Abuse

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

Posted by Pinky > 2024-05-14 11:02 | Report Abuse

Ban yongmin from i3investor better

Posted by stkoay > 2024-05-27 19:45 | Report Abuse

This one....save the best for last :)
....QR will probably on the last day evening.

Posted by stkoay > 2024-05-28 17:04 | Report Abuse

1Q24.....another 3 more days wait :)

Posted by stkoay > 2024-05-30 21:47 | Report Abuse

https://theedgemalaysia.com/node/713691

CIMB Investment Bank and BofA Securities are the joint bookrunners for the block of shares being put up via ANZ Fund.

Posted by stkoay > 2024-05-31 12:40 | Report Abuse

By Marcus Wong / Bloomberg
31 May 2024, 12:19 pm
main news image
Analysts are predicting that the ringgit’s rebound from a 26-year low will prove more lasting than a previous attempt as global funds return to Malaysian assets and the export outlook improves.

(May 31): The ringgit has raced ahead of all its Asian peers in the past three months and if market watchers are right, the move is set to gain traction.

The currency — which has climbed nearly 1% since the end of February — is expected to rise to 4.65 per dollar by year-end from 4.7050 now, according to strategists surveyed by Bloomberg. Rising foreign inflows and income repatriation by state firms are fuelling the optimism.

Analysts are predicting that the ringgit’s rebound from a 26-year low will prove more lasting than a previous attempt as global funds return to Malaysian assets and the export outlook improves. Local stocks are set to receive their first monthly inflow since February while overseas investors snapped up US$233 million (RM1.1 billion) of the nation’s bonds in April.

The ringgit’s performance is due to “foreign inflows into domestic equity and bond markets, improved growth prospects and a widening of the current-account surplus”, said Christopher Wong, a strategist at Oversea-Chinese Banking Corp in Singapore.

Posted by stkoay > 2024-05-31 16:55 | Report Abuse

59m shares changed at pre close at 6.84

....so BIG volume :p

Posted by smartly > 2024-05-31 17:15 | Report Abuse

beautiful q result. RM7 coming...

Posted by stkoay > 2024-05-31 17:30 | Report Abuse

Profit 1.9b
EPS 18.16 sen

Posted by stkoay > 2024-05-31 20:33 | Report Abuse

Top 3 Banks 1Q Results

MBB Net Profit 2.48B EPS 20.63 sen QoQ +4.2% YoY +9.8%

CIMB Net Profit 1.93B EPS 18.16 sen QoQ +12.9% YoY +17.7%

PBB Net Profit 1.65B EPS 8.52 sen QoQ +2.35% YoY -3.54%

Posted by Thirai Thiraviam > 2024-05-31 21:44 | Report Abuse

Given the latest results, the TTM EPS rises to 68.2 cents. Should we assume its historic PER of 12.3 holds, the new target price would be RM8.38, a price that the stock last hit 11 years ago!

Posted by jluck > 2024-06-01 09:06 | Report Abuse

If cimb can keep up with such performances in their next few quarters rm 8 to 10 is highly possible. Compare to some other banks their dividend still consider low. Hope they will pay more dividends.

Posted by enning22 > 2024-06-03 13:15 | Report Abuse

relax ,definitely will come to these targets.

Posted by Mabel > 2024-06-03 14:19 | Report Abuse

CIMB Group Holdings Bhd reported an 18% increase in net profit for the first quarter compared to the same period last year, driven by faster growth in both interest and non-interest income compared to costs and provisions. The bank recorded a net profit of RM1.94 billion for the three months ending March 31, 2024, up from RM1.64 billion in the same period in 2023. Net interest income experienced a 7.7% YoY growth, reaching RM3.79 billion, while non-interest income surged by 24.5% to RM1.84 billion. CIMB Group did not declare any dividends for the quarter.

Posted by MalaysiaEquityGuide > 2024-06-03 23:49 | Report Abuse

https://youtu.be/Tx3xLTmxU1s

banking sector small comparison i did, please see the youtube video on this, I will do more so please subscribe

Posted by troy88 > 2024-06-04 09:47 | Report Abuse

Great QR once again. CIMB is probably the best performing bank currently..

Posted by yewnamhung > 2024-06-04 11:52 | Report Abuse

Can break RM7.00 today ???

Posted by Mabel > 2024-06-04 16:07 | Report Abuse

Broken oledi... Hihihi..

To Our Success

Meow Meow Meow

Posted by masterus > 2024-06-05 12:02 | Report Abuse

Report: US imposes sanctions on Malaysian semiconductor company [WATCH]
By New Straits Times
June 4, 2024 @ 12:02am

Posted by masterus > 2024-06-05 12:07 | Report Abuse

In future, if they go mad, they pull off the Swift connection. Beware.

Posted by masterus > 2024-06-05 12:09 | Report Abuse

Is their currency, your problem, almighty dollar every begging.

Posted by Mabel > 2024-06-05 16:18 | Report Abuse

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

EPS: RM0.18 (up from RM0.15 in 1Q 2023).
Revenue: RM5.22b (up 12% from 1Q 2023).
Net income: RM1.94b (up 18% from 1Q 2023).
Profit margin: 37% (up from 35% in 1Q 2023). The increase in margin was driven by higher revenue.

Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%.

Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia.

Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.

Posted by stkoay > 2024-06-05 17:07 | Report Abuse

The boat comes back for those who dare to get on board :)

Posted by masterus > 2024-06-06 10:18 | Report Abuse

China Solar Firms Halt Output in Southeast Asia on US Curbs
Longi, Trina Solar are winding down production: Chinese media
Washington has stepped up actions to protect domestic market

Posted by masterus > 2024-06-06 10:23 | Report Abuse

As long as dollar and military supremacy have power, anyone will be a scapegoat. Next scapegoat is who?

Posted by pang72 > 2024-06-06 14:11 | Report Abuse

Of course dares to enter la

Posted by enning22 > 2024-06-06 16:46 | Report Abuse

countries have the right for protectionism, simple economic, why links military and scapegoat etc,etc . such a brainwashed kaki.

Posted by stkoay > 2024-06-06 17:03 | Report Abuse

@pang72....not happy there, happy here....haha
....added again yesterday...
....cheers

Posted by stkoay > 2024-06-06 22:11 | Report Abuse

https://www.cnbc.com/video/2024/06/06/malaysian-stocks-have-outpaced-the-asean-region-sgx.html

Posted by TrendSculptor > 2024-06-10 11:49 | Report Abuse

wow, singing competition 😯

https://www.nst.com.my/lifestyle/groove/2024/06/1061499/showbiz-cimb-rising-start-regional-singing-competition-open

Posted by masterus > 2024-06-12 16:48 | Report Abuse

The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.

Biz Community

Posted by masterus > 2024-06-14 06:26 | Report Abuse

PETALING JAYA: The United States returns around US$156mil (RM721.4mil) to the Malaysian Government marking the fourth installment of recovered misappropriated funds from the 1Malaysia Development Berhad (1MDB) scandal.

US Ambassador to Malaysia Edgard D. Kagan met Prime Minister Datuk Seri Anwar Ibrahim to confirm the handover of funds on June 11, according to a statement by the embassy.

Posted by Proff P... > 2024-06-15 19:23 | Report Abuse

TP-$7.20 this coming week.

Posted by teknikal > 2024-06-17 15:30 | Report Abuse

CIMB: Uptrend Intact

https://klse.i3investor.com/web/blog/detail/BursaTechnical/2024-06-17-story-h-158930858-CIMB_Uptrend_Intact

Posted by Mabel > 2024-06-18 13:43 | Report Abuse

Valuation
Rolling valuations forward to FY25, we raised CIMB’s TP to RM7.90 from RM7.50. Our valuation is based on an implied PBV of c. 1.14x based on the Gordon Growth Model. Buy reiterated on CIMB.
Source: TA Research - 4 Jun 2024

Posted by vinvin > 2024-06-19 14:35 | Report Abuse

Dear friends, what's the problem now, keep on dropping for two days? Thanks.

Posted by stkoay > 2024-06-19 19:53 | Report Abuse

Cautiously added some at 6.77

Posted by stkoay > 2024-06-19 19:54 | Report Abuse

Yesterday, acted too fast picked up 6.82 :(

Posted by stkoay > 2024-06-19 20:00 | Report Abuse

At 6.79, PE is below 10, cheapest among the top 3.
....for the strong hands, can slowly n cautiously pick up for long term keep....don't buy to trade.

Posted by Pinky > 2024-06-19 20:08 | Report Abuse

@stkoay some pullback is healthy

Sotong bank straight line too scary la if you see 1 year chart

Posted by itzmia > 2024-06-20 10:54 | Report Abuse

why is it keep dropping (sobs).. bought at 6.92 few days ago haha.. expected a 7+ …

Posted by Mabel > 2024-06-20 13:48 | Report Abuse

Profit Taking Continues

The FBM KLCI fell for an 8th straight day as profit taking activities continue. Selling continued in the broad market as well, however heavy hitters within the healthcare and transportation & logistics space kept their respective indices from falling into the red.

Meow