Bank QR is doubtlessly be amazing QtoQ. Maybank have proven its strength. CIMB is going to have a very good QR as well and hopefully to have some good interim dividend. Public Bank believe will fly as well. Lock down is just a 1 month +- durations and I believe this MCO3.0, all shareholders are very well prepared for it already. Panic selling will only coz panic buying which will draw the price even higher. Cheers guys and have a nice weekend and stay safe.

Today already break yearly high of 4.75. Tommorow will see continue uptrend with next resistant of 5.15
With this week a lot of bank giving out QR result, expecting hefty profit and declare dividend. Last year end CIMB giving the lowest dividend ever and hopefully this QR they will compensate back with hefty dividends to the investors.

DRS price has been fixed at 4.29 per share for the dividend of 0.1044 and ex-date at 28/09/2021. You may opt for cash or shares. If you opt for shares, last day to exercise the option is by 20/10/2021

Unexpected news on the MoF instructing banks to work on interest payment exemption for recipients of loan moratorium for 3 months till end of December 2021 will have minimal impact to bank as bankers now is very strict and not everyone is entitled for the current moratorium like before.

I believe CIMB share price will move above 5. Till the next QR might go 6. Hope for special dividend as economy is recovering and bank will profit the most on recovery.

No buy sell call, just my humble 2cents opinion.

CIMB if tomorrow can go beyond 4.85, next TP will be in the border of 5. If 5 is breached and can sustained at 5.20, then you will not be able to see the price below 5 anymore. Just my 2cents opinion. Octopus can fly to 6.

Making a foot print … As predicted Octopus have go higher high and touch 5.20 already… next will be 5.50 hopefully before our budget day on 29/10/2021. As I have mentioned, price below 5 will be history already… CIMB is going to 6. Just my 2cents opinion. Good luck