guys.. i had dumped the history for all the major banking (investment company not included) from Mar'09 ~ today... looks like most of the banking company had a very steady uptrend growth from time to time... This kind of stocks are very good for those lazy investor who hate to do lots of research and monitor the market day by day... most of the stock had grow 100% since then.. here is the summary of the stocks

CIMB (RM6.00 --> RM13.50 +125%)
HLB (RM5.00 --> RM8.40 +68%)
EON (RM2.70 --> RM7.10 +163%)
MAYBANK (RM3.60 --> RM6.90 +92%)
BIMB (RM0.86 --> RM1.28 +49%)
AMMB (RM2.30 --> RM5.20 +126%)
ALLIANCE (RM2.60 --> RM4.60 +77%)
AFFIN (RM1.10 --> RM2.60 +133%)
PBB (RM6.80 --> RM12.80 +88%)
RHB (RM3.40 --> RM5.40 +58%)

so far only CIMB , AMMB , HLB , PBB, EON and Maybank graph are very consistent.. other banking (e.g alliance affected by the CEO datuk bridget lai resignation) had a roller coaster ride..

So problem is how long this uptrend can sustain? based on technical analysis, how much this banking stock fair value worth? any sifu?

This post has been edited by sohkeong: Jan 25 2010, 01:25 AM


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If you're smart, time to take profits at these banks stocks and wait at the sidelines.
Nothing goes up forever.

What goes up, must come down.

if u have been reading klse lyn, it is stil bullish, can hold as uptrend stil intact
no worries at all, klse is detach from usa, it is china u need to concern
http://www.bloomberg.com/index_asia.html
usa futures r green, semuanya ok



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banking stock is the barometer. ammb was once 2.28 in march 09.

maybe just be lil patient and wait after the cny to monitor the real trend. recent US selldown, i believe comes from the 5 CEOs of banks to flex their muscles against obama.

no venture no gain bro.

Valuation or worth is depended on individual stock fundamental issue, while we have respective topic on individual stock already, in order discussion is not redundant and duplicating, kindly proceed respective individual stock for discussion.

So this topic is closed.


As last year we have severe economy or financial crisis, so the benchmark or base comparison is low. So how much it has risen somehow not that accurate that one can conclude anything out of it, should look at the fundamental issue.

To add, you cannot use technical analysis to determine a stock valuation how much it should worth. TA only gives you clue how the trend is or will be, it never able to interpret the fundamental side of story.

This post has been edited by cherroy: Jan 25 2010, 01:29 PM