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 When should I sapu Banks counters?, Public Bank, Maybank and CIMB

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SUSgsem984
post Mar 17 2020, 11:01 AM, updated 6y ago

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I have lot of cash. Want to buy bank counters bcoz i think they are essential business wont bankrupt.

Target:
Public Bank - RM12
Maybank - RM6
CIMB - RM3

once hit, buy at least 50 lot each.

Bincangkan.
SUSbronkos
post Mar 17 2020, 11:03 AM

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Maybank 6? keep dreaming
kyenli
post Mar 17 2020, 11:11 AM

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actually I think it's possible. now already almost 7
zaqre
post Mar 17 2020, 11:22 AM

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QUOTE(bronkos @ Mar 17 2020, 11:03 AM)
Maybank 6? keep dreaming
*
2 weeks ago, if someone told you want to buy maybank at 7.5
you will told them keep dreaming too
SUSbronkos
post Mar 17 2020, 11:22 AM

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QUOTE(zaqre @ Mar 17 2020, 11:22 AM)
2 weeks ago, if someone told you want to buy maybank at 7.5
you will told them keep dreaming too
*
we shall see
holybo
post Mar 17 2020, 11:24 AM

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QUOTE(gsem984 @ Mar 17 2020, 11:01 AM)
I have lot of cash. Want to buy bank counters bcoz i think they are essential business wont bankrupt.

Target:
Public Bank - RM12
Maybank - RM6
CIMB - RM3

once hit, buy at least 50 lot each.

Bincangkan.
*
the target could be hit but be sure that you are able to sleep well with huge paper loss
Yggdrasil
post Mar 17 2020, 11:55 AM

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QUOTE(gsem984 @ Mar 17 2020, 11:01 AM)
I have lot of cash. Want to buy bank counters bcoz i think they are essential business wont bankrupt.

Target:
Public Bank - RM12
Maybank - RM6
CIMB - RM3

once hit, buy at least 50 lot each.

Bincangkan.
*
I'm targeting:
RHB (RM3.96)
Public Bank (RM12.23)
Bank Islam (RM2.72)
Maybank (RM5.99)
ABMB (RM1.69)
AmBank (RM2.46)
AeonCR (RM7.00)
CIMB (RM3.20)

QUOTE(bronkos @ Mar 17 2020, 11:03 AM)
Maybank 6? keep dreaming
*
Possible. Never underestimate fear in the stock market. RM4 maybe impossible la.

Yesterday and today supermarkets and morning markets all finished sapued by panic Malaysians. Stock market high chance they panic also.
prophetjul
post Mar 17 2020, 11:58 AM

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QUOTE(Yggdrasil @ Mar 17 2020, 11:55 AM)
I'm targeting:
RHB (RM3.96)
Public Bank (RM12.23)
Bank Islam (RM2.72)
Maybank (RM5.99)
ABMB (RM1.69)
AmBank (RM2.46)
AeonCR (RM7.00)
CIMB (RM3.20)
Possible. Never underestimate fear in the stock market. RM4 maybe impossible la.

Yesterday and today supermarkets and morning markets all finished sapued by panic Malaysians. Stock market high chance they panic also.
*
Make that Maybank at RM0.50 laugh.gif
SUSbronkos
post Mar 17 2020, 12:09 PM

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QUOTE(Yggdrasil @ Mar 17 2020, 11:55 AM)
Possible. Never underestimate fear in the stock market. RM4 maybe impossible la.

Yesterday and today supermarkets and morning markets all finished sapued by panic Malaysians. Stock market high chance they panic also.
*
If that's the target price then be prepared for Great Depression.

I would rather short correction so we all could get back to normal lives.
Yggdrasil
post Mar 17 2020, 12:12 PM

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QUOTE(bronkos @ Mar 17 2020, 12:09 PM)
If that's the target price then be prepared for Great Depression.

I would rather short correction so we all could get back to normal lives.
*
Not target price (as in analyst' target price) but target price for me to enter.
Meaning the upside is higher.
SUSbronkos
post Mar 17 2020, 12:15 PM

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QUOTE(Yggdrasil @ Mar 17 2020, 12:12 PM)
Not target price (as in analyst' target price) but target price for me to enter.
Meaning the upside is higher.
*
and good luck with it.
Yggdrasil
post Mar 17 2020, 12:17 PM

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QUOTE(bronkos @ Mar 17 2020, 12:15 PM)
and good luck with it.
*
Thanks. Once more loans are impaired/non-performing in 2020 Q1 report, probably won't need luck.
SUSbronkos
post Mar 17 2020, 12:19 PM

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QUOTE(Yggdrasil @ Mar 17 2020, 12:17 PM)
Thanks. Once more loans are impaired/non-performing in 2020 Q1 report, probably won't need luck.
*
keep that to yourself, rofl.
lonely66
post Mar 17 2020, 12:21 PM

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Public bank > maybank
nexona88
post Mar 17 2020, 12:22 PM

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QUOTE(bronkos @ Mar 17 2020, 11:03 AM)
Maybank 6? keep dreaming
*
Endless possibilities yo...
Don't be surprised if can hit 5 too..
Yggdrasil
post Mar 17 2020, 12:23 PM

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QUOTE(lonely66 @ Mar 17 2020, 12:21 PM)
Public bank > maybank
*
Both safe but Public Bank has higher Price-to-book value than Maybank. That's why it's falling faster.
SUSbronkos
post Mar 17 2020, 12:24 PM

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QUOTE(nexona88 @ Mar 17 2020, 12:22 PM)
Endless possibilities yo...
Don't be surprised if can hit 5 too..
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I definitely wont be surprised.
nexona88
post Mar 17 2020, 12:27 PM

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QUOTE(bronkos @ Mar 17 2020, 12:24 PM)
I definitely wont be surprised.
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Good...
Then better buy if really reach that level 🤑

History shown Maybank would hit that level then recover later on...

What's come down must go up one day..
Unless Maybank goes bankrupt...
lonely66
post Mar 17 2020, 12:27 PM

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QUOTE(Yggdrasil @ Mar 17 2020, 12:23 PM)
Both safe but Public Bank has higher Price-to-book value than Maybank. That's why it's falling faster.
*
But pb can go very high n they give out good dividends once economy recover foreign investors will buy pb n not maybank
Jaclow
post Mar 17 2020, 12:28 PM

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QUOTE(zaqre @ Mar 17 2020, 11:22 AM)
2 weeks ago, if someone told you want to buy maybank at 7.5
you will told them keep dreaming too
*
Bcoz he dreaming wat

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