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CIMB already consider the most undervalue bank stock. It worth and less risk to hold this stock at this value RM3.5 especially for long term investor. But I believe it will not fly over RM4.20 in this few months. This is due to economy crisis caused by pandemic, bad debt and impairment loss. All bank are not exception from this risk. It depends on how the bank manage the risk.
Worth to keep. At this moment just gain some dividend. This month will drop another 50 basis point. N Oct n nov will be a testing moment how the npl status .
banking sector hardly to move due to too many negative news such as extending HP/Mortgage deferment another 6 months and opr reducing interest. both are greatest impact for banking sector. hope both of above impact won't happen. otherwise will drop craziest ever in banking sector