QUOTE(jalsrix @ Dec 28 2011, 02:07 PM)
I bought it at 8.70 a few months back. Now only worth 8.30

I am worse than you, bought it at 8.80.
Now every IBs paper asking retailers to sell bank stocks, so they listen and follow.
That's the story why maybank, cimb, rhbcap, hlbank....all price came down a lot.
But, smaller banks such as bimb, mbsb etc. are moving upwards. If bank sector will be a disaster in coming years, wondering how smaller banks can earn better profit while bigger banks losing profit. Hardly make sense to me, as we all know local market is not so big, there is not much growth space locally. While big banks got the ability to reach out to the region and tap in large market such as indonesia and thailand.
Anyway, we all should know IB papers are usually short sighted. They give TP for 3-6 months time, not even 1 year, although they claim they are 1 year. Just my view.