Posted by Mabel > 1 week ago | Report Abuse

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

Posted by Mabel > 1 week ago | Report Abuse

Look like Mabel's 3 Great Builders of Infrastructures, Properties and Data Centers; Gamuda, Sunway and Sime Darby Property are on it's way to hit all time high...

Soon Banks will be joining soon..

Posted by bullrun168 > 1 week ago | Report Abuse

King In China For High-Speed Rail Investment Discussion: Reuters
https://www.businesstoday.com.my/2024/09/20/king-in-china-for-high-speed-rail-investment-discussion-reuters/

Posted by Steven Chan > 1 week ago | Report Abuse

Ringgit at record high 4.18 against us$. Banks go fatt fatt fatt

Posted by prudentinvestor > 1 week ago | Report Abuse

Not record high yet, highest in around 30 months lah. Ringgit rose to less than RM3 to a US$ over 30 years ago. That was the record high.

Posted by stkoay > 1 week ago | Report Abuse

Topped up this one at 10.64....
close....in the red 4 sen :(

Posted by stkoay > 1 week ago | Report Abuse

On April 19th onwards, switched some of this to sotong...
...today, start to slowly switch back :p

Posted by stkoay > 1 week ago | Report Abuse

Sotong upped RM2
this one up RM1.....since then

Posted by pang72 > 1 week ago | Report Abuse

Tiger a bit weak recently but I believe Tiger will catch up.
Overall, banking performance is great

Posted by prudentinvestor > 1 week ago | Report Abuse

CIMB Bank has probably completed its full course but Maybank is likely 75% through.

Posted by pang72 > 1 week ago | Report Abuse

I think banking still hv many many full course to complete..
Perhaps, it is appetizer only

Posted by prudentinvestor > 1 week ago | Report Abuse

Of the 30 KLCI component counters, bank counters trade at the lowest PEs. If bank counters could trade at PEs of above 15, then the recent bank rally still has some way to go.

Posted by Tedinvestor > 1 week ago | Report Abuse

Foreign are buying little lately while PNB & EPF keeps unloading. Unlike cimb any sell down, Foreign buyers will top up more.

Posted by prudentinvestor > 1 week ago | Report Abuse

CIMB Bank's almost non stop rise since touching a low of RM4.80 about 15 months ago would stop one day. Including dividends, it has already gained more than 85%. It can't continue to go up forever.

Posted by Mabel > 1 week ago | Report Abuse

This week it's Construction and Properties Week..

Next week it's Banks Week...

Meow Meow Meow

Posted by Mabel > 1 week ago | Report Abuse

Beside Maybank and CMIB, this Bank has been a darling...

LOCAL research house has upgraded Bank Islam Malaysia Bhd (BIMB) to a ‘Buy’ from ‘Hold’ with a higher 52-week target price of RM3.10, up from RM2.65...

Loves these 3 Banks..

Meow Meow Meow

Posted by Tedinvestor > 6 days ago | Report Abuse

Funds are flowing out .

Posted by stkoay > 6 days ago | Report Abuse

Topped up 10.56 this morning, but missed the boat at 10.52 & 10.54 :(

Posted by stkoay > 6 days ago | Report Abuse

Now is....converting Sotong to Tiger :)

Posted by pang72 > 6 days ago | Report Abuse

It is time for Tiger to climb up else other banks hardly can going up

Posted by pang72 > 6 days ago | Report Abuse

Tiger shall Push it over $11 since Sotong is all time high

Posted by stkoay > 6 days ago | Report Abuse

Wait....let me complete my switching first :p

Posted by pang72 > 6 days ago | Report Abuse

Hahaha!! OK ok...

Posted by pang72 > 5 days ago | Report Abuse

Payment Date
26-Sep-2024

Posted by stkoay > 5 days ago | Report Abuse

Wow...after bro pang72 said 11, cannot get cheap liao :(

Posted by zying > 5 days ago | Report Abuse

Can you guys predict how low can we get after dividend payout? planning to top up.

Posted by pang72 > 5 days ago | Report Abuse

Stkoay,
I wish to add more in cheap price after dividend bank in too

Posted by pang72 > 4 days ago | Report Abuse

Price drop back so can buy cheap tmr with dividend money

Posted by stkoay > 4 days ago | Report Abuse

Added 10.68, 10.66 & 10.64.

Posted by stkoay > 4 days ago | Report Abuse

Waiting 10.62 & 10.60.
Quiet trading, low volume....can wait n buy slow slow :)

Posted by stkoay > 4 days ago | Report Abuse

FF are taking a break.
...but look at the strength of ringgit, I guess they are loading up bullets.

Posted by pang72 > 4 days ago | Report Abuse

Good..... But I need to wait for dividend bank in....
Then got money to add...

Posted by stkoay > 4 days ago | Report Abuse

Today, MBB, CIMB & AMMB drop less....

Posted by zying > 3 days ago | Report Abuse

quite solid even dividend payout distribute.

Posted by pang72 > 3 days ago | Report Abuse

Yes, good entry price for dividend top up

Posted by stkoay > 3 days ago | Report Abuse

Top up liao last few days around these levels, now market in consolidation, waiting to see if can get lower.

Posted by stkoay > 3 days ago | Report Abuse

Below 10.60 one round....and below 10.50 another round

Posted by pang72 > 3 days ago | Report Abuse

Good...

Posted by prudentinvestor > 3 days ago | Report Abuse

It was only RM8 three years ago. At RM10.66, it has already gained 33.25%. If we include the dividends, then it has already gained around 55% during these three years. A very good return indeed.

Posted by 1DERFUL > 2 days ago | Report Abuse

@zying - Historically, it get 4-5.5% correction every dividend and rebound. By saying that, it may reverse from 10.50 or 10.30.

Posted by zying > 2 days ago | Report Abuse

@1DERFUL Thanks for sharing your opinion, its 10.58 now!

Posted by Steven Chan > 2 days ago | Report Abuse

Waiting for 8.00

Posted by stkoay > 2 days ago | Report Abuse

Top loser :p

Posted by Reggie > 2 days ago | Report Abuse

Foreign funds selling for profits. Whatever goes up will come down eventually.

Posted by newbie2019 > 1 day ago | Report Abuse

time to consider topping up

Posted by stkoay > 1 day ago | Report Abuse

@newbie2019, agree.

When global interest rate come down, institution funds looking for return will probably target high dividend large cap blue chips.

Posted by stkoay > 1 day ago | Report Abuse

US 2 year treasury now yield 3.55
This one at current price still yield 5.7 (based on historical payout)
....when economy improves, can expect higher dividend.

Posted by prudentinvestor > 1 day ago | Report Abuse

"Waiting for 8.00"
May have to wait for a very very very long time.

Posted by mf > 1 day ago | Report Abuse

US leaders praise Israel’s assassination of Hezbollah’s Nasrallah

Posted by stkoay > 19 hours ago | Report Abuse

While investors spent time creating wealth, the "no have" looks forward for negative events....