Posted by Janus Mun > 2016-05-13 19:12 | Report Abuse

2 banks affected by it,cimb n MB the rest more to petronas link counters

Posted by kinfatt999 > 2016-05-13 21:43 | Report Abuse

wait for chances to buy :)

Posted by CUTLOST > 2016-05-14 00:01 | Report Abuse

8.21 just like last year

Posted by xncziyi44 > 2016-05-14 00:24 | Report Abuse

lower than DRP nearly 6.5% drop.adj to msci reduce weightage for malaysia. .reasonableness for countries, companies,business bosses very essential.

Posted by bsngpg > 2016-05-14 07:12 | Report Abuse

I bought at 8.30-8.60 during the previous round of downward correction and waited for 7.90 which was not matched at last. I will buy again if it goes below 8.0 this time. Let's wait.

Posted by cooling > 2016-05-14 09:44 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/05/14/what-the-market-is-trying-to-tell-investors/

more selling to come as foreign funds still have millions to sell based on Friday ttansaction

Posted by cooling > 2016-05-14 09:45 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/05/13/investors-dump-stocks-at-fastest-rate-since-august-2011/

Posted by apabolehbuat > 2016-05-14 15:39 | Report Abuse

Just turned on my computer. Surprise! I did make money on this counter. Wonder abt next week though. Net net should be an up week, I think.

Posted by apabolehbuat > 2016-05-14 15:49 | Report Abuse

Foreign funds were reducing not disposing all of mb. I bet local funds (EPF) were scooping up mb shares at cheap price on Friday. Again, ikan bilis lost.

Posted by leslieroycarter > 2016-05-14 18:36 | Report Abuse

Look like may day is coming , more so in the month of May ....usually is v pessimistic in the month of May...

Posted by apabolehbuat > 2016-05-14 19:03 | Report Abuse

Then it is a good time to slowly accumulate shares.

Posted by Fat Cat Tim Buddy > 2016-05-14 19:35 | Report Abuse

keyword : slowly

Stock: [FBMKLCI-H37]: FBMKLCI-H37: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB)

Posted by Buns > 2016-05-14 20:38 | Report Abuse

I will start accumulating more on Monday and see the volume. Then every week buy more if there is an overall uptrend pattern week on week. By July-Aug should go back up to 8.70-8.80.

Posted by 8wpwtmt8 > 2016-05-14 22:59 | Report Abuse

Anyone trading MAYBANKC19? Can share your trading experience here?

Posted by rkpvr > 2016-05-15 12:13 | Report Abuse

Expected uptrend on tomoro and Tues....good luck and big money for those bought 8.36/8.37...God Bless.

Posted by Vin Cullen > 2016-05-15 12:25 | Report Abuse

I thought the earning from this two bank MAYBANK & CIMB GET effected ! But is just a MSIC reduces....
I believe this two largest bank QE will still look very good by this year!!! The value are there....
Buy on bad news ....

Posted by BoPoint > 2016-05-15 13:23 | Report Abuse

51 million shares to be dumped and you want to get your hand burned.

Posted by shortinvestor77 > 2016-05-15 13:31 | Report Abuse

You are too simple BoPoint, guess you have only one side brain. If no buyers, how could these shares sold? Certainly buyers see the good prospect. Otherwise, no such high volume. Tiny volume also could make it down lah. Don't always think one side, berat sebelah.

Posted by apabolehbuat > 2016-05-15 16:08 | Report Abuse

I want to buy more!

Posted by Vin Cullen > 2016-05-15 16:14 | Report Abuse

Klci hammered at 1620....
Hope the bottom is there..

Posted by 007 > 2016-05-15 17:11 | Report Abuse

be careful of 1MDB exposure to banks, will hit below 8 liao

Posted by apabolehbuat > 2016-05-15 17:40 | Report Abuse

Some people are either geniuses or delusional.

Posted by speakup > 2016-05-15 17:42 | Report Abuse

speakup waiting for u at RM5....come to papa!

Posted by Usd888 > 2016-05-15 21:26 | Report Abuse

Shortinvestor77 buyers is EPF who in the right frame of at this moment

Posted by BoPoint > 2016-05-15 21:56 | Report Abuse

That's exactly what I wanted to bring out. Who are there to buy 51 millions which will be dumped in the coming weeks till last day of May? Like Usd888 said, surely EPF will be there. But every season investor/trader knows that EPF will not only buy but they also SELL at the same time. Please be aware of this.

Few of us research analysts certainly recommend Maybank over CIMB due to many reason. But 1 specific and fundamental one will be its moat in terms of reputation. CIMB is infamous for its lacklustre attitude by employeees and poor system. I personally visited a couple times to their offices for investors presentation.

Posted by 8wpwtmt8 > 2016-05-15 23:27 | Report Abuse

China not helping either...

http://www.cnbc.com/2016/05/14/china-economy-news-production-investment-retail-sales-all-disappoint-in-april.html

Posted by apabolehbuat > 2016-05-16 08:00 | Report Abuse

China's growth is 6% and above - how may big economies in the world can have this kind of achievement? Take headline news with a grain of salt.

Posted by Junichiro > 2016-05-16 09:35 | Report Abuse

Everybody seems to have this answer - EPF will buy everything. Ha Ha

Posted by zaqwerty > 2016-05-16 09:42 | Report Abuse

EPF is selling. Need money for 1MDB debt.

Posted by Junichiro > 2016-05-16 09:45 | Report Abuse

selling seems to start again

Posted by rkpvr > 2016-05-16 09:48 | Report Abuse

Red flag guys...be alert let go with profit and buy when low again

Posted by Fat Cat Tim Buddy > 2016-05-16 09:48 | Report Abuse

so it begins

Posted by Fat Cat Tim Buddy > 2016-05-16 09:48 | Report Abuse

http://images.liveluvcreate.com/create/s/so_its_begins-656603.jpg?i

Posted by Buns > 2016-05-16 09:49 | Report Abuse

haha. 1mdb was priced in wayyyyy before guys. old news already when maybank hit 8.20 last year if you guys recall. 8.20 was from the 1mdb and china slowdown NPL bad news all priced in. Then it went up to 8.80 again in 4 months. This selloff was purely msci. Now Malaysia 1Q16 GDP reported last Friday was above analyst forecast as well. So the buying support has come back.

Posted by rkpvr > 2016-05-16 10:00 | Report Abuse

market has broken the support of 1618 ...be alert

Posted by Fat Cat Tim Buddy > 2016-05-16 10:04 | Report Abuse

hold or buy or sell?

Posted by tomwah > 2016-05-16 10:13 | Report Abuse

hold util webnesday

Posted by newbb > 2016-05-16 11:33 | Report Abuse

why hold until wednesday?

Posted by lazycat > 2016-05-16 11:42 | Report Abuse

wednesday using maybank to buy stuff in lazada have 5-10% discount

Posted by Matchai > 2016-05-16 12:36 | Report Abuse

undervalued, buy if touch 8.2. lol.

Posted by Junichiro > 2016-05-16 13:03 | Report Abuse

Lots of sellers on the sell side now.

Posted by tomwah > 2016-05-16 16:43 | Report Abuse

wait util web

Posted by zerocool7199 > 2016-05-16 23:07 | Report Abuse

Not a goodtime to buy banking stock for bad current local economy.not a good bet as earning will limited but once crash then byebye

Posted by ah_boon > 2016-05-17 02:18 | Report Abuse

Must believe in Maybank. it need to be protected. Once it crash, whole KLCI will crash.

Posted by Junichiro > 2016-05-17 09:18 | Report Abuse

Still got TNB lah. They defend the share at lower levels and not defending a particular price to buy all the sellers.

Posted by Buns > 2016-05-17 09:49 | Report Abuse

zerocool, the whole world is having a slow economy not just malaysia. japan and europe negative rates but doesn't help, uk has brexit concerns, singapore housing slowing, china whole market down since mid last year, aussie/nz also down from commodities, usa now delaying rate hike until end year cause of lower jobs outlook.

while malaysia is not that bad, it recently beat analyst expectations of gdp growth too.

http://www.thesundaily.my/news/1803550

maybank will overcome their NPL slowly but surely.

Posted by hng33 > 2016-05-17 09:49 | Report Abuse

Rebounding back :D)

Posted by Fat Cat Tim Buddy > 2016-05-17 09:51 | Report Abuse

bought 8.45 , sold 8.53 realized contra gain kekekeke

Posted by tomwah > 2016-05-17 11:21 | Report Abuse

wednesday my my day

Posted by rkpvr > 2016-05-17 11:32 | Report Abuse

Well it should be hitting below 8.45 again huh