Posted by nickweichung > 1 month ago | Report Abuse

damn i thought that lady was joking when she call buy the other day. CIMB really broke 7. wah going to 10?

Posted by stkoay > 1 month ago | Report Abuse

Sotong swim away so fast...haha

Posted by enning22 > 1 month ago | Report Abuse

solid fundamentals at work. giving the drive of momentum.

Posted by nickweichung > 1 month ago | Report Abuse

@enning matter of time before it reach 10 lol

Posted by nickweichung > 1 month ago | Report Abuse

maybank already around that level, some more CIMB is a giant too.

Posted by nickweichung > 1 month ago | Report Abuse

feels like if maybank cut some slack, cimb can overtake them soon

Posted by stkoay > 1 month ago | Report Abuse

I......
....don't know what to say :)

Posted by pang72 > 1 month ago | Report Abuse

I also don't know what to say now..
Sotong is so strong:)

Posted by pang72 > 1 month ago | Report Abuse

Everything back on track...
Fly!!

Posted by stkoay > 1 month ago | Report Abuse

Good for you la....I think you bought back liao lo

Posted by pang72 > 1 month ago | Report Abuse

Of course good la

Posted by stkoay > 1 month ago | Report Abuse

Everyone profit ....happy lo..
...no need to quarrel quarrel mah :)

Posted by stkoay > 1 month ago | Report Abuse

Let's see if it follows yesterday pattern, closed off high by 7 sen
...if so, then tomorrow morning is good adding time...

Posted by pang72 > 1 month ago | Report Abuse

I didn't wish to quarrel with you in banking stock. This is bluechip for long term investment.. Quarrel in banking stock is childish to me!

You start the quarrel, I will follow.
You stop the quarrel, I will stop.

Posted by pang72 > 1 month ago | Report Abuse

Yes, OK... I will continue to add in good price...

Posted by stkoay > 1 month ago | Report Abuse

I never want want to quarrel with anyone...

I was joking when I said " tomorrow drop 20 sen"
...but you got so angry....haha

...I hold so big position, you think I want drop ah?

Posted by enning22 > 1 month ago | Report Abuse

@nickweichung，maybank indo is no match to CIMB Niaga, in term of profit .

Posted by stkoay > 1 month ago | Report Abuse

CIMB operation is much bigger than MBB in Indonesia...
...that's why CIMB growth prospect is good due to the big Market

Posted by enning22 > 1 month ago | Report Abuse

CIMB Niaga first half year reports A profit as 4.4 trillians Rp, while Maybank Indonesia Records PBT 1.157 trillio
ns Rp

Posted by pang72 > 1 month ago | Report Abuse

CIMB - Upcoming 2Q Results Should Meet Expectations; BUY
Date:
2024-07-30
Firm:
RHB-OSK
Stock:
CIMB
Price Target:
8.00
Price Call:
BUY
Last Price:
7.30
Upside/Downside:
+0.70 (9.59%)
Keep BUY, new MYR8 TP from MYR7.60, 12% upside and c.6% yield. There were no surprises at CIMB’s pre-closed period meeting. We see upcoming 2Q24 PATMI easing slightly QoQ (mid-high single-digit growth YoY) as trading and FX income softens, but 1H24 results should meet our and consensus expectations, with ROE tracking the 11-11.5% guidance. CIMB is a sector preferred pick. Its focus on profitable growth is helping drive ROEs higher amid robust capital generation. Investors are likely to be well rewarded with a re-rating in valuations and higher capital returns.

Posted by pang72 > 1 month ago | Report Abuse

$7.30 solid closing.
Everything back to normal.
Next destination, $7.60

Posted by pang72 > 1 month ago | Report Abuse

1st tp$7.60
2nd tp$8.00
Upcoming dividend min 17.5c

Posted by Mabel > 1 month ago | Report Abuse

CIMB – BUY, SL: MYR7.10, R1: MYR7.73, R2: MYR8.27

Posted by pang72 > 1 month ago | Report Abuse

Dow Jones
10:08:10
|
DJI
39,248.34
+484.89+1.25

Dow up like a rocket :)

Posted by pang72 > 1 month ago | Report Abuse

Yes! Meow meow mable...!

Posted by pang72 > 1 month ago | Report Abuse

Tmr, my cimb will fire the 1st rocket to make a gap up first at 9am!!

Posted by pang72 > 1 month ago | Report Abuse

Amazing

7.37 up 7c

Posted by Mabel > 1 month ago | Report Abuse

Meow Meow Meow

Posted by pang72 > 1 month ago | Report Abuse

Drop to red?
It is OK as long as day high htt $7.44

Next week attempt to break $7.60 for sure

Posted by pang72 > 1 month ago | Report Abuse

17.5c dividend to announce in 3 wks time..
Awaiting the great moment

Posted by Hatiharihari > 1 month ago | Report Abuse

Looks like strong MYR is good for Malaysian banking stocks

Posted by pang72 > 1 month ago | Report Abuse

Of course! FF continues pump billions into Malaysia Market from bond to stock.
Bluechip is the top pick with liquidity. Bank is one of them

Posted by Mabel > 1 month ago | Report Abuse

Historically, biting down gold coins was common practice among traders for checking the authenticity of the metal. Genuine gold, being soft, would leave dents on the coins.

However, the question of authenticity no longer applies in the Olympics, since the International Olympic Committee stopped awarding pure gold medals in 1912.

As modern-day investors, it can be easy for us to get caught up in the day-to-day fluctuations of the stock market.

The advent of the 24-hour news cycle, up-to-the-second trading platforms, and low-commission trading (or commission free in many instances) can make your head spin and make matters worse in many instances.

However, if there is one lesson stock market history has taught me, it's that a short-term crisis often makes way for longer-term opportunities.

Booms and Busts are Nothing New

Long before Wall Street was even conceived of, history was littered with boom-and-bust periods.

In fact, unless you're hundreds of years old, the first instance happened long before you were born.

During the Dutch Golden Age of the 1700s, tulip speculation ran wild.

Even though there was little real-world value or use around tulips, the price soared to the equivalent of ten times the annual salary of a skilled artisan!

The Extremes of the .com Craze

Fast forward to 1999, and a similar phenomenon occurred with the burgeoning internet sector.

Investors began to realize that the internet would change how we take in information.

However, just like the Tulip Bubble before it, investors suffered from irrational exuberance.

Though most internet stocks had yet to turn a profit, investors piled into any stock with a .com in the name and sent it into the stratosphere.

One extreme example was Netscape. Netscape soared from $28 to nearly $75 a share on its first day of trading!

Many other names went on to have price-to-earnings (P/E) ratios of over 300x earnings - numbers that would wake Warren Buffett up at night.

2008's Global Financial Crisis

The housing crisis of 2008 was yet another example of excesses in one direction leading to excesses in the opposite direction.

Large banks' excessive risk taking and over-lending aimed at low-income home buyers led to a speculative bubble.

You guessed it! Like the dot com craze and Tulip Mania before it, this didn't end well.

First, rampant real estate speculation led to unsustainable prices. Then, the devastating crash came which sparked the demise of large banks such as Lehman Brothers and Bear Stearns.

Learn from the Market's Past to Understand the Future

You may be wondering why I am taking you down this random walk-through memory lane.

One of the primary reasons why crisis equates to opportunity in the stock market is the occurrence of "black swan" events.

Black swan events are rare and unexpected events that significantly impact the market and can cause a rapid decline in stock prices.

The events I walked you through above are all examples of black swan events.

However, black swan events can be a product of things outside of the economy that ultimately impact the economy (think the 9/11 terrorist attacks or the COVID-19 pandemic).

While these events are often devasting to the world and investors caught on the wrong side of the trade, they also pave the way for opportunities for those who have dry powder (cash on hand) and are prepared to take advantage of them.

*Like a weed sprouting its way through a cracked driveway, ultimately markets "heal*".

Meow

Posted by Mabel > 1 month ago | Report Abuse

All 3 Singapore-listed banks have also released their financial results for the 2nd quarter, and for the 1st half of FY2024 – starting with United Overseas Bank (SGX: U11), on 01 August, followed by Oversea-Chinese Banking Corporation (SGX: O39), the following day on 02 August, and then DBS Group Holdings Limited (SGX: D05), on 07 August.

‌*Dividend Payout to Shareholders*:
The management of UOB pays out a dividend on a half-yearly basis – once when it releases its results for the 1st half of the year, and once when it releases its results for the 2nd half. ‌For the 1st half of FY2024, a dividend payout of 88.0 cents/share was declared – this represents a 3.5% improvement from its payout of 85.0 cents/share declared last year. The amount also represents a payout ratio of about 51%. Dividend payout: 23 August 2024

Similar to UOB, OCBC’s management also announces dividends to shareholders bi-annually – once when the bank releases its results for the 1st half of the year and again for the 2nd half. For the 1st half of FY2024, a dividend payout of 44.0 cents/share was declared – a 10.0% increase from its payout of 40.0 cents/share last year, and representing a payout ratio of 50%. Dividend payout: 23 August 2024

‌Unlike UOB and OCBC, the management of DBS declares a dividend payout to the shareholders on a quarterly basis. Similar to the first quarter, a payout of 54.0 cents/share was declared for the 2nd quarter. Hence, for the 1st half of the year, a total payout of $1.08/share was declared – a 20.0% improvement from its payout of 90.0 cents/share last year. Dividend payout: 26 August 2024

Let's hope Maybank, CIMB and BIMB can beats the 3 Singaporean Princess!

Meow Meow Meow

Posted by pang72 > 1 month ago | Report Abuse

Good di morning to all Sotong holders!
$7.35 up 5c... Hopefully can sustain....

Road to $7.60...

Posted by stkoay > 1 month ago | Report Abuse

Panlai lo

Posted by stkoay > 1 month ago | Report Abuse

RHB IB & Nomura TP is 8 leh :)

Posted by stkoay > 1 month ago | Report Abuse

Meow meow meow

Posted by pang72 > 1 month ago | Report Abuse

$7.42 up 6c close at day high:)

Ini kali lah! $7.60 on the way

Posted by pang72 > 1 month ago | Report Abuse

https://www.sinchew.com.my/news/20240813/finance/5838400

Q2 Bank earning likely to improve by 6% due to narrow bad debt

Posted by pang72 > 1 month ago | Report Abuse

Good news la

Posted by pang72 > 1 month ago | Report Abuse

Awaiting very good QR + dividend

Posted by pang72 > 1 month ago | Report Abuse

2 more weeks to break $7.60 after QR out + 17.5c dividend..

Posted by pang72 > 1 month ago | Report Abuse

Dow up 200pts to celebrate the bull run of banking stock too

Posted by pang72 > 1 month ago | Report Abuse

I notice the more kwp/epf selling cimb, the share price continues shoot up.
My new finding :)

Posted by pang72 > 1 month ago | Report Abuse

https://www.chinapress.com.my/20240808/6%e5%a4%a7glic%e5%8a%9b%e6%8e%a8%e5%9b%bd%e5%86%85%e6%8a%95%e8%b5%84-%e6%89%bf%e8%af%ba5%e5%b9%b4%e5%86%85%e6%b3%a8%e8%b5%841200%e4%ba%bf/

Posted by pang72 > 1 month ago | Report Abuse

6大GLIC力推国内投资 承诺5年内注资1200亿
time
2024年8月8日
view
1544点阅
责任编辑: 前线小编
（吉隆坡8日讯）我国六家主要政联投资公司（GLIC）承诺，在财政部“GEAR-uP”计划的首阶段，准备透过国内直接投资（DDI）在未来五年内于国内投资1200亿令吉。

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根据文告，此举旨在与各政府相关实体合作，以促进关键经济领域的增长，包括政联投资公司预计向国内直接投资注资的1200亿令吉，以及根据其稳定状态投资计划向公共市场投资4400亿令吉。

阿末祖卡南（左起）向阿米尔韩查和安华解释公积金局的投资策略。
阿末祖卡南（左起）向阿米尔韩查和安华解释公积金局的投资策略。
首相兼财政部长拿督斯里安华在文告指出，实现昌明经济框架的愿景目标需要全国包括企业界的共同努力。

“通过让政联投资公司加强对国内直接投资的关注，这些部署的资本可以公平地惠及国人，并催生新的经济生态系统。”

安华说，政联投资公司的整体资产管理规模（AuM）超过1兆8000亿令吉，大致相当于大马名义国内生产总值，同时拥有推动国家在经济价值链上升的财力，并改善国人的生活。


针对高增长高价值领域
此外，财政部指出，这些投资主要针对高增长高价值领域，例如能源转型领域、先进制造业（尤其是半导体领域）、从初创企业、风险投资到中型企业的所有生命周期的投资，并最终支持此类公司的上市。

这六家主要政联投资公司分别是国库控股、雇员公积金局、公务员退休基金局（KWAP）、国民投资机构、朝圣基金局和武装部队基金局。

“GEAR-uP”计划推介礼列席者有第二财政部长拿督斯里阿米尔韩查、公积金局总执行长阿末祖卡南和其他机构的高层。

各自领导重点领域
根据文告，这些政联投资公司将各自领导“GEAR-uP”计划的重点领域，其中国库控股将推行其大马投资战略来提高国家生产力和竞争力。

此外，KWAP将专注于增强大马私募股权、基础设施和房地产领域的私人市场，重点是通过Dana Perintis和Dana Pemacu为风险投资和成长阶段公司提供催化剂基金。

国民投资机构则特别关注对新工业园区的投资，支持棕油的自动化和智能农业，以及绿色和能源转型资产，以实现更高附加值和可持续的活动。

同时，公积金局将与政府合作投资于具有商业可行性的永续医疗保健解决方案，以及按照卫生部倡导的卫生转型议程，在政府医院建设私人臂膀。

朝圣基金局将通过伊斯兰金融工具加强永续社会影响，以便简化援助金发放给贫民的程序，并通过与其他主要金融机构和市场参与者的战略合作，扩大伊斯兰金融体系。

Posted by troy88 > 1 month ago | Report Abuse

Still solid, no worries. RM8 by end of the year..

Posted by enning22 > 1 month ago | Report Abuse

Q2 GDP Growth to Surpass 6%
https://www.youtube.com/watch?v=wFZi8CtyKKc

Posted by pang72 > 1 month ago | Report Abuse

If gdp able to surpass 6% will duplicate the 1997 super bull market