I can't give any advice on that.
But BIMB has a very good upside chance.
But I entered at a very much low price.

This post has been edited by Icehart: May 2 2012, 07:41 PM

Why you so fast cut profit?
Cut lost must be fast but let the profit run
But I also sold some at 0.17 - 0.175 to finance a new MBA

Actually why you so worry about CB expiring?
It is not issued by OSK also.

And nobody can beats our EPF brother.
http://preview.bursamalaysia.com/market/li...ub_category=all

A list of EPF transactions.

If BIMB-CE expiring then you worry abit lah

SHARE SWAP OFF, MAS TO RAISE 3 BIL IN BONDS

I saw you write buying 0.16.
Then my trading screen shows one 5k lots transaction.

And guess who is the manipulator
Our EPF brothers.

I have been monitoring BIMB too. However, compared to Takaful, BIMB has 10x amount of shares. Takaful only has 162mil shares issued. It is easy to push up such little shares on the market. For BIMB, it has more than 1 bil shares issued so it will not be an easy task to push up.

Now this is where it gets interesting. As of March 2012, about 90% of BIMB shares are held by institutions.



That left 10% which is 100 mil, easy to push up.

On April, there have been several breakout trying to push BIMB up but they are easily met by hidden seller and resistance. Then one day EPF disposed. So you can know who is behind those manipulation.

EPF has been accumulating between the price of 2.35 and 2.43. I think they won't be satisfied with the pushing into 2.55 (if you sell 0.17). You must know 2.47 is all time high of BIMB and they break 2.5, a very important psychology barrier.

BIMB made roughly 7 cents from the previous quarter. If annualized, it should be 28 cents and it will only be PE 10 for BIMB if it is trading at RM 2.80.

So I believe the upside is more than that.

Just my 2 cents.

Anyway BIMB has up so much these two days. I think correction coming soon.

Hehe. We meet your 2.80 dulu

For Takaful, maybe only 16 million - 20 million shares available free float.
Around 160,000 - 200,000 lots.

That's why 100 lots can push up few cents in Takaful
100 lots cannot push up in BIMB also.

Thanks for the advice.

Actually I wonder how MAS can maintain their NTA?

Both seems to be like release from jail wo. all go up already

my ex counter
can't believe can plunge below 60 cents into 53 cents now
another 52 weeks low

If you want to buy to hold for long term, wait for the Rights issue over first.

Anyway I hope directors are coming to support the shares. Intention to deal on closed period announcement yesterday.

This post has been edited by Icehart: May 3 2012, 10:06 AM

Raise money for good reason At least we know they need money for development projects.
Better than MAS, need money don't know for what reason