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Beware you kena shoot by someone here! This share wont drop one, maybe it will shoot up on Monday to >Rm4 as CIMB here a lot of people only think this share will not drop so they said will hug tight tight for long term...
CIMB loan to more oil & gas and their exposure of course is higher risk. Use your brain to think Wei Xin if you want to write but do it in little more details. Asking us to think about what? About how tiny your brain is?
Cimb is not the best in class bank la, those want safer bank can consider other bank. That’s the reason why the stock price dropped more than the rest. But this bank have higher upside potential therefore higher margin for capital gain , it’s definitely not the 3dollar + bank. I’m vested by the way.
only newbie think price will drop a lot. lool at genm genting with big loss and price still standing. its about investor confidence on coming vaccine now.
Based on my understanding that there is a 800M lost in exchange fluctuation reserve. Which mean it lost rm800M due to forex exchange rate in their reserve fund. This shouldn't count as a lost for me..