Wednesday 14 December 2016

CIMB. Killingly Softly With His Song

Is the 1996 hit for the Fugees. CIMB, is killing me softly with his song, as it shifts from overweight to neutral, two of the pillars of the Malaysian economy.

CIMB now says, basically it has no position (NEUTRAL) on the state of the semiconductor and property sector in Malaysia next year .

CIMB's neutral call out of the blue, has the CI down by 7.9 points to 1635 points, as retailers smell something sinister in CIMB's sudden sectorial downgrades, and decide to jump out before they get CULLED LOUDLY, by the SELL SONG