Another bank just struggled like BIMB at rm 1.50 level, now promoted to rm 2.1 in very low profile manner.

Well done , brother.

Besides you, not much input from others though.

I am curious to see how others add values to this thread ( after your exit )

Cheers

This post has been edited by SKY 1809: May 6 2011, 09:41 PM

Why should you buy now when you say it is dying stock ?

It would not be worth even rm one if it is a dying stock.

If it is dying stock, no point to average down.



This post has been edited by SKY 1809: May 7 2011, 12:57 PM

sell sell sell


Bad news

too many traders join this stock for 2 to 3 sen profits. They set up roadblocks ahead of you.

That is exactly they tell you why the stock would not be able to go up much.

I prefer to stay away from these group of people.

If I come back, I would position lower at rm 1.20

This post has been edited by SKY 1809: May 7 2011, 02:15 PM

Monkeyking,

It is wise that you leave this BIMB thread, and give chances to others to contribute.

The duty of sharing does not SOLELY depending on you.

You have over contributed so people think it is your job to provide all the info. It is time for others to contribute and forumers could make a comparison and judge their own.

You have every right to sell this stock too. We also can just wait for this stock to sink to below rm 1.20 and buy.

Cheers

And thanks for all your contributions.

This post has been edited by SKY 1809: May 8 2011, 03:49 PM

Forumer should buy a stock if he thinks it is still undervalued and offers a good prospect ( for 1 year period or more ).


Regards

This post has been edited by SKY 1809: May 10 2011, 10:07 AM

2sen is good for long term investors , bad for the traders.

Someone had mentioned this stock in BIMB before. I think he is the insider :-

Takaful Malaysia’s book value stood at RM2.40 per share. Its shares last traded at RM1.41, giving the stock a price-to-book ratio of just 0.59 times.


Analysts say Takaful Malaysia’s relatively low valuation makes it an attractive target for outsiders looking to penetrate the industry, or for existing competitors seeking to strengthen their foothold. Or even as a long-term investment.
Great Eastern Life Assurance was one of the companies issued with new family takaful licences by BNM last year for joint ventures with other companies.


Merging with a bigger player or a bank, such as Bank Islam Malaysia Bhd, could also bode well for Takaful



This post has been edited by SKY 1809: May 11 2011, 09:03 PM

Someone last year did mention Takaful . so you had to rewind back the past posts ( BIMB thread ) to hear what he said. some insider information, I think.



Good luck

This post has been edited by SKY 1809: May 11 2011, 10:22 PM

BIMB Holdings Bhd has confirmed receiving notification from Khazanah Nasional Bhd and DRB-Hicom Bhd on the sale of their stake in Bank Muamalat Malaysia Bhd to the company.

Its group managing director/chief executive officer Johan Abdullah said he will bring up the matter at the board meeting on May 25, for further discussions.

"They want to sell and have identifed us as a potential buyer," he told reporters after the company''s annual general meeting here today.

Johan said if the board agrees to the proposed acquisition, BIMB Holdings will seek approval from Bank Negara Malaysia, before proceeding to negotiate with Khazanah Nasional Bhd and DRB-Hicom Bhd. - Bernama

You are right.

Can go for KNM if only interested in sharks play.

BIMB turns out to be the Blessing stock.

It goes up ( from rm 1.60) while many others sink lower and lower.



This post has been edited by SKY 1809: Jun 8 2011, 12:51 PM

Reading a " Good" report sometimes it may tell u gorenging is on the way.

Maybank gives a buy call today at rm 1.78 with a T/P of rm 2.40 ?

not 1.78 meh

1.88 is a better number

EPF is buying a million share a day.

RM 1.80 TODAY