Monthly Archives: January 2015

CIMB(1023)

My second Purchase in 2015 is CIMB at 5.50RM.

Overall KLSE closed 20points higher at 1781 in month of January.

KLSE likely on the selling pressure for this coming CNY 2015!? Looks like the economic engine not really start up despite numbers of QE continued roll out one by one; the recent is ECB QE. All banks still maintain interest rate at rock bottom and some even near zero.

I guess QE is bad for economy, huh!? Oil price perhaps could be a good indication.

Public Bank

My first purchase in 2015 is PBBANK. I bought 500 units at RM17.80 and its shares likely to go down again due to bank negara introduces new base rate which increases the competitiveness in the banking sectors.

And it is also due to the market sentiment, making most of the stocks will continue to head south. Good news to me that i can start to accumulate more and average down.