ya man, lets wait for the next bull run...KLCI will be back to bull after consecutive days dip due to profit taking and hopefully BIMB will follow suit

Yea, hope it is not a bear wearing a bull mask..

Congrats to all whom I advice to hold on to your BIMB shares instead of panic selling. Today last traded is 1.48......if fact there was good volumn trading at 1.49 too.


More upswing coming soon......so stay put, top up if you need. BIMB financial report will be out after CNY......expected EPS [after tax] should be more than 16 cents.....that means it's NTA will be more than 1.50 & the possibility of a dividend coming too. So for a bank with good earnings, will it command a share price of less than 1.50? Remember this is a bank, yes, a license Ah Long, and not some other companies that is traded at a big discount of it's NTA. .........and what more than a full Government support on Islamic Banking.



Cheers to all....much love.

This stock should worth at least rm 2.25 , 1.5 x1.5 ( price/book value )

Sadly, TA people did paint a lousy picture

But do have faith with Warren Buffett : “If a business does well, the stock eventually follows"

This post has been edited by SKY 1809: Jan 27 2011, 06:35 PM

Any research paper to share?

Can start with this one first :-


http://malaysiafinance.blogspot.com/2010/1...-with-bimb.html

Thanks Tai kor

Yes, bro, surely, BIMB have my support because it is a share that is really undervalued! Will it ever go wrong? nah, I don't think so with the 80% of the holders are all government body investors such as Tabung Haji, PNB, EPF and ASB. Worst case scenario, privatization by our government under PNB. At it's price, it is still a stock that is very attractive. For long term!

Btw, bro your post is so cheerful, cant help it but to feel very happy after reading your post..haha

Congrats those who bought at its support level yesterday, it seems to be the turning point together with klci
didn't those who bought at 1.7 followed the ci down too they did enjoy the front row seat shows, didn't they
y would govt wan to privatize bimb? just bcos many co in klse follow trend to create rumor for insiders to exit, at the end, they rarely do it
there is so much to be made off the retailers & ikan bilis, no point killing the goose

anyway, ever wonder y buy high, sell higher doesn't work tat well in bolehland vis a vis usa shares
all those acronym asb, abc & etc being mentioned, r they all foreign owned izit? of coz not!
how high can those acronym & retailers or ikan bilis push the share price? $50 $100
some below article r outdated, but the points r still valid, in case u wondering y not many shares in klse above $50 coz ff prefer elsewhere

http://www.alantanblog.com/epf/employees-p...sia-volume.html
'Ideally, any Stock Exchange must be able to provide ample free float and liquidity in the market. All these are important in order to to attract a diverse set of local and foreigner investors into our market for sustainable growth'

http://www.bernama.com/bernama/v5/pdf/Inve...ech-Final91.pdf
r this wishy washy rules again? one minute, got rpgt, the next cancel. one minute super high tax on those cpo co, the next cancel & etc. also got so many ways to calculate bumi owned, some say 18%, some say not yet 30%, some say more, tis is called politics & do ff like it?

http://www.btimes.com.my/Current_News/BTIM...icle/print_html
sizeable portion of stocks of blue chip companies on the exchange were held by government-linked entities. The quantum left as free float was not enough to excite international fund managers.

http://www.worldbank.org/ifa/rosc_cg_malaysia.pdf
Some government-linked corporations have issued a Special Share/Golden Share to the government, entitling it to exercise a veto over any tabled resolution. A review of publicly available information for the past 15 years indicates that the government (or its institutions) has not at any
instance exercised this right. Whereas, on the one hand, the presence of a golden share is a source of comfort for a small investor, on the other hand, it has the potential of being used to further public policy that may not be entirely in line with short-term commercial goals. However, the very existence of these golden shares could be perceived by the market as a poison pill, depriving investors of potential returns. Key Challenges, To further improve its corporate governance practices, Malaysia faces the following challenges: the government's level of equity ownership remains large; free float remains low

Anyway, its ur choice & I did not say it is wrong I prefer invest usa & u guys prefer lower risk, undervalue & etc, its a free world
At the end of the day, for a share price to go VERY HIGH, there must be deep pocket institutions participation
for bimb case, its FA is good, its volume its good, the price drop with lower volume, means not much sellers either
so who the heck claim TA paint a lousy picture unless they misinterpreted TA, aiyoyo muthusamy!

For those that missed out on BIMB, this is the chance to jump boat if you are a fan of banking stock. I'm going to add more at it's price now. Just can't resist the current sales going on. haha.

Good luck brothers!

Some of you may have miss buying BIMB at it's mega sales of 1.41...just up 5 cents yesterday to 1.46 ....perhaps more upswing after the CNY.




Cheers to all.

Thank you brother billeu for the news link......appreciate it.



BIMB Holdings Bhd is the largest shareholder of STMB with a 65.22% stake......STMB is Syarikat Takaful Malaysia Berhad (Takaful Malaysia) listed on Bursa.



Nama Pemegang Saham Jumlah Saham Peratus (%)
Names of Shareholders Number of Shares Percentage (%)



BIMB Holdings Berhad 106,183,675 65.22
Bimsec Nominees (Asing) Sdn Bhd 7,000,000 4.30
(Islamic Development Bank)
Employees Provident Fund Board 6,233,020 3.83
Affin Nominees (Tempatan) Sdn Bhd 4,602,000 2.83
(Affin Fund Management Sdn Bhd for Majlis Ugama Islam Dan
Adat Resam Melayu Pahang)
RHB Nominees (Asing) Sdn Bhd 4,061,500 2.49
(RUSD Investment Bank Inc.)
Lembaga Kemajuan Tanah Persekutuan (FELDA) 2,961,400 1.82
Majlis Agama Islam Negeri Sembilan 2,070,900 1.27


With the possibility of merger takaful operators, BIMB stands to gain the most as it is the "taikoh" of Takaful Insurance.


Cheers to all........so shouldn't you start investing in BIMB like I did since last year.

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Bank Negara hopes to give out Islamic megabank licences this year
January 28, 2011

KUALA LUMPUR, Jan 28 — Bank Negara hopes to give out Islamic megabank licenses this year, its deputy governor Razif Abdul Kadir said at a business meeting.

The central bank had before that it hoped to announce in 2010 at least one license for a large Islamic bank. — Reuters

i'm a newbie, may i ask isit a good timing to buy a little now?

Should be good..
You can try to catch those around 1.40 to 1.45 range if it goes there.

9601 did touch rm one today

But here is BIMB... Not HWBG

Please monitor more as today more than a million shares are traded.......hope for more upswing soon.



Any new news I will let you all know too.



Cheers to all.

Today it fell below 1.45 during the 2nd half trading..