Posted by Thirai Thiraviam > 2024-06-20 16:15 | Report Abuse

@itzmia:
> I started buying shares when CIMB was selling at around RM3.40 four years ago. I have sold whenever the prices went too high and bought when the prices dropped sharply. Right now, I believe CIMB is undervalued. I am not adding anything now, but would likely do so should the price drop another 15%. So, don’t fret. Even if the prices stagnate at this level, you’d still be enjoying CIMB’s decent dividend.

Posted by stkoay > 2024-06-22 12:42 | Report Abuse

https://www.nst.com.my/business/2024/06/1066793/lofty-dividend-payouts-expected-fy2024-financial-health-improves

"By holding dividend stocks, investors can mitigate portfolio risk, as dividends provide a buffer against losses even if stock prices decrease.

"Additionally, dividend-paying stocks demonstrate lower volatility compared to non-dividend-paying counterparts," he said.

Banks and real estate investment trusts (REITs) are renowned for their attractive dividend yields.

He said UOB Kay Hian's in-house analysts project a dividend yield of 6.5 per cent in 2024 for the banking sector, with expectations for it to rise to 6.8 per cent in 2025 and further to 7.1 per cent in 2027.

Posted by stkoay > 2024-06-22 12:43 | Report Abuse

FBM KLCI on Uptrend

Mohd Sedek said the FBM KLCI has shown a consistent recovery since the fourth quarter of last year.

With robust support from foreign institutional buying activities, the FBM KLCI posted a year-to-date rise of 9.41 per cent, adding 136.83 points.

He said UOB Kay Hian Wealth Advisors has revised the year-end target for the barometer index upwards to 1,735, a level last seen in 2018, reflecting improved domestic liquidity.

"For reference, the bottom-up target is 1,713 and the hypothetical target at mean price-to-earnings ratio valuation would be 1,803.

Posted by stkoay > 2024-06-24 19:47 | Report Abuse

KUALA LUMPUR (June 24): MBSB Bank Bhd said on Monday that it is working closely with authorities to resolve a case concerning illegal withdrawals in Kota Kinabalu.

A thorough internal review initiated by the bank led to the commencement of a police investigation into the matter, said the Islamic bank in a statement on Monday.

It said the incident involved a syndicate that colluded with certain staff members, who are currently in police custody, to carry out the illegal withdrawals authenticated through forged identity cards used by the syndicate.

https://theedgemalaysia.com/node/716580

Posted by TrendSculptor > 2024-06-26 16:01 | Report Abuse

Nice, more stringent security

https://www.thestar.com.my/tech/tech-news/2024/06/26/cimb-to-require-securetac-authorisation-for-all-fund-transfers-by-end-of-june

Posted by pang72 > 2024-06-27 18:41 | Report Abuse

My last entry 6.77...
No more money liao!!!

Posted by Mabel > 2024-06-28 00:21 | Report Abuse

Good entry Pang...

Posted by pang72 > 2024-06-28 11:52 | Report Abuse

It is very attractive price at $6.77
I must sacrifice other nonperformance stock to much resilient cimb in the correction time

Posted by pang72 > 2024-06-28 12:09 | Report Abuse

Date Open Price Target Price Upside/Downside Price Call Firm View
2024-06-04 6.87 7.90 +1.03 (14.99%)
BUY
TA
2024-06-04 6.87 7.60 +0.73 (10.63%)
BUY
RHB-OSK
2024-06-04 6.87 7.20 +0.33 (4.80%)
BUY
PUBLIC BANK
2024-06-04 6.87 7.60 +0.73 (10.63%)
BUY
KENANGA

Posted by pang72 > 2024-06-28 12:10 | Report Abuse

Target price quite consistent range from $7.20 to $7.90 by few IB

Posted by stkoay > 2024-07-01 11:43 | Report Abuse

Wah @pang72 comes liao, I also want to add liao.
...every time pang72 comes, price sure will go up...
....and when he takes profit, price will go higher :p

Posted by pang72 > 2024-07-01 11:58 | Report Abuse

Stkoay,
Lets join the most favarable banking bull..
Cimb is the leader now!

Posted by pang72 > 2024-07-01 12:00 | Report Abuse

Please do witness CIMB catching up MBB..
So, taking profit or buy or hold...
You decides yourself. I am enjoying the slow and steady quiet bull buildup in CIMB

Posted by pang72 > 2024-07-01 12:10 | Report Abuse

Please note day high is $6.87..
Key note to put into your reference because......

Posted by Pinky > 2024-07-01 13:13 | Report Abuse

Yeah Tiger Bank just won't hold above 10.00

Sotong Bank more potential

Posted by pang72 > 2024-07-01 13:16 | Report Abuse

Tiger bank is strong and resilient.
Sotong bank is lagged and good earning yet to show to the share price.
Sotong bank is catching up now

Posted by pang72 > 2024-07-01 13:17 | Report Abuse

Hopefully Sotong catches up Tiger soon..
Then, Tiger will lead all banking to move to next level above $10....xx

Posted by pang72 > 2024-07-01 13:19 | Report Abuse

Tenaga shot down government to drive the index to 1770points.
So, banking will take the lead for record index by year end...

6 more months to go...

Posted by pang72 > 2024-07-01 13:20 | Report Abuse

It still much possible to hit 1770 when Sotong meet Tiger at $10!!
Good friends hur!

Posted by pang72 > 2024-07-02 09:18 | Report Abuse

$6.88 over yesterday high at $6.87

Posted by pang72 > 2024-07-02 09:47 | Report Abuse

..... See you at $7 soon...
Then, $8,$9..... $10 for 1770 index target

Posted by pang72 > 2024-07-02 17:42 | Report Abuse

Close at $6.88 up 5c

Day high at $6.90...please take note...

Posted by pang72 > 2024-07-02 17:42 | Report Abuse

Expected shot over $6.90 tomorrow morning

Posted by stkoay > 2024-07-02 19:47 | Report Abuse

Wait......

Posted by stkoay > 2024-07-02 19:51 | Report Abuse

....tomorrow correction, down 10 sen :p

Posted by pang72 > 2024-07-02 20:27 | Report Abuse

Correction is good for long run..
Let it be

Posted by pang72 > 2024-07-02 20:38 | Report Abuse

If down 10c be the good chance to convert more Tiger bank to Sotong bank...

Posted by pang72 > 2024-07-02 20:39 | Report Abuse

I am still considering...
Let me think first

Posted by pang72 > 2024-07-02 20:39 | Report Abuse

Stkoay, do you think a good choice

Posted by stkoay > 2024-07-02 21:56 | Report Abuse

Long term investor buy slow slow....too fast up, missed the boat liao :(

Posted by pang72 > 2024-07-02 22:48 | Report Abuse

52wks (jun23 to Jun24) range $5 to $7...
52wks (Jun24 to jun25) range $7 to $10... (IF)..
So, will I miss the boat if buying slowly?
This is the biggest question to sort out now.

Posted by pang72 > 2024-07-02 22:51 | Report Abuse

If to buy slow meaning you expect cimb to retreat to $6,$5?
Will it happen?....
If buying too fast at $6.88, will it going up to $10 from now?
If not then is that worth to get 6++% dividend for buying MORE now?

Posted by pang72 > 2024-07-02 22:52 | Report Abuse

Let's me think carefully

Posted by pang72 > 2024-07-03 09:10 | Report Abuse

pang72

Expected shot over $6.90 tomorrow morning

15 hours ago

$6.92 at 9.10am:)

Posted by Mabel > 2024-07-03 09:41 | Report Abuse

Yes Pang..

Now 6.91 oledi...Tiger also touches 10 today..

Meow Meow Meow

Posted by pang72 > 2024-07-03 09:54 | Report Abuse

Happy Sotong Tiger day

Posted by masterus > 2024-07-03 13:21 | Report Abuse

WORK PERMIT HOLDERS’ BANK ACCOUNTS WILL BE FROZEN AFTER THEIR WORK PERMITS ARE CANCELLED

The Ministry of Manpower (MOM) in Singapore has introduced a new rule for work permit holders. If you’re leaving Singapore because your employment has ended, you should close your bank account before you go.

This is to prevent your inactive account from being used for illegal activities like money laundering or fraud.

Posted by masterus > 2024-07-03 13:24 | Report Abuse

CPF accounts of 300,000 foreigners will close from April 1, 2024
Move is to cater to retirement, housing and healthcare needs of Singaporeans and PRs

Posted by pang72 > 2024-07-03 15:01 | Report Abuse

Really! Then, bring back the money buy Sotong bank shares

Posted by pang72 > 2024-07-03 15:02 | Report Abuse

$6.95 lo

Posted by stkoay > 2024-07-03 16:11 | Report Abuse

@pang72 memang manyak panlai

Posted by stkoay > 2024-07-03 16:13 | Report Abuse

si guru yang jual 6.24 lagi panlai :p

Posted by stkoay > 2024-07-03 16:52 | Report Abuse

6.96 second highest closing after June 4th 6.99

Posted by stkoay > 2024-07-03 16:52 | Report Abuse

tomorrow correction, down 15 sen :p

Posted by pang72 > 2024-07-03 18:47 | Report Abuse

Sotong bank is in multi year's strong uptrend..
So, up $6.96...i am very happy... If correction, then be it..
Ultimately catching up Tiger bank is likely... So..

Just watch the good show

Posted by pang72 > 2024-07-03 18:50 | Report Abuse

The dividend yield will be less attractive after Sotong hits $8...
Currently price is called extremely good price...

Posted by pang72 > 2024-07-03 18:54 | Report Abuse

52 weeks high $7.04 is on the way. Hopefully by those Friday

Posted by pang72 > 2024-07-03 18:55 | Report Abuse

Sotong becomes my best friends today not Tiger any more..
My decision make...
So, I want to be a Sotong support in all force

Posted by pang72 > 2024-07-03 18:56 | Report Abuse

So, Singapore cpf withdraw can park your money in Sotong or any dividend lover.. Welcome to Sotong

Posted by pang72 > 2024-07-03 19:50 | Report Abuse

Once Sotong break $7.04 52 wks high will move to $7.40...
Slow buy, fast buy, don't buy....
I don't know la...... drop 10c up 5c... Or drop 15c up 20c....


Evrrything is journey to $7.40....

Just hold for next dividend be more excitement or looking forward