Thanks brother MonkeyKing, just my analysis anyway, cannot say good la But I am hoping for another spike

More good news on BIMB,




BIMB Bank completes acquisition of Amana Bank stake 20%

(Kuala Lumpur, 6th) documents show that Islamic banks (BIMB,5258, Board finance stocks) have completed buying equity 20% Bank--Amana Bank of Sri Lanka.


Islamic banking today issued an invitation to the media, the media are invited to attend this Friday (April 8) in Kuala Lumpur held a signing ceremony for the technical support of the above transaction advisory, in addition, stock certificate ceremony was held.


At that time, Malaysia Datuk Amir Muhammad lazifu, Vice-President of the National Bank will present testimony.



That means more upswing for BIMB in a few days time.



Cheers to all.......BIMB HUAT HUAT CLUB will start it's celebration soon.

Can I know where is the source of that? Wanna read the full article.

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

join the BIMB party too =)

Seems like is going to have another surge hehe Thank brother MonkeyKing, always have us update here

will it b too late to enter now?

---

Added on April 7, 2011, 4:13 amseems like it will cont drop a little b4 bounce bac

This post has been edited by Lover: Apr 7 2011, 04:13 AM

KUALA LUMPUR: Bank Islam Malaysia Bhd has acquired an additional 8% stake in Sri Lanka’s first licensed Islamic Bank, Amana Bank Ltd (ABL), bringing its total holding in the latter to 20%.

However, the price of the additional stake was not revealed in a media invite yesterday.

To mark the completion of the acquisition, a ceremony to present the share certificate will be held on April 8 here. This will be followed by the signing of a technical support advisory agreement between Bank Islam and ABL.

ABL started operations in 1997.

There were earlier reports of Bank Islam planning to raise its stake in Amana to 50%. — Bernama

this few days dropping bit by bit.. arghhh

What is the best price to enter now?

I would like to know also, what's the best price to pick up this stock? Thanks.

Just enter again in the morning session at 1.6. Enter too fast

Brother vincent_lms , my reply for you is just the same for brother wos. No one can predict what the real entry price but be rest assured that BIMB is really undervalued......mind you this is the cheapest
bank share that you can buy in Malaysia. BIMB NTA is 1.33, EPS is 22.01 cents.



Cheers brother vincent_lms.......good luck to you too.

This post has been edited by monkeyking: Apr 7 2011, 03:33 PM

Brother wos, is it for short or mid term?


If you figure that BIMB is still worth holding, then even at 1.59 is still not consider too high as the last TP given is 1.80 [minus the proposed dividend of 4.75 cents]. I can't predict the price will fall but I am confident
that it will move upwards......however I leave the decision to make the right entry price.



Cheers brother wos......good luck to you too.

Wonder who is the great guy always inject BIMB counter with 100 shares consistently... Must thanks him for the hardwork!

but i see de movement. i suspect it will hv a short term downward.. but now bac to 1.60 haha

I guess there are plenty of hit & run kakis in BIMB too as you always see someone throws away 20 or 30 lots at a cheaper price. If that guy buys 20 lots earlier and want to make big money, then he must be totally mistaken Just wonder how much he can make with 20 lots [2000 shares] for short term instead of holding it mid or long term.....very stupid of this guy to expect to make plenty of money with 2000 shares in a very short time. ........I guess he or she must expect BIMB to go up 50 cent to 80cents in a few days time.....pea brains I should say of this type of kaki. Better to use money to buy penny shares or those PN17 shares,,,,maybe he can strike it big there when people goreng.


Cheers.

This post has been edited by monkeyking: Apr 7 2011, 04:19 PM

mayb. i tink dis really quite worth if hold long term.. im thinking of this and ivory oso.. ivory seems nt bad

Good news, foreigners are buying into BIMB for the past few days. Expect more to come later on.



Now look at this......



1. On the 12 Jan 2011 BIMB announce this...



5258 BIMB BIMB HOLDINGS BHD
FOREIGN OWNERSHIP IN BIMB HOLDINGS BERHAD

FOREIGN OWNERSHIP IN BIMB HOLDINGS BERHAD ("THE COMPANY")
With reference to the above, we are pleased to announce that as at 31 December
2010, a total of 13,259,467 ordinary shares of RM1.00 each representing 1.24%
of the issued and paid-up capital of the Company are held by foreigners.
The said percentage is within 30% of the prescribed limit allowed to be held
by foreigners under the Company's Articles of Association.


12/01/2011 05:55 PM




2 Now today on 7 Apr 2011 .....this



Type
:
Announcement
Subject
:

OTHERS

Description
:

FOREIGN OWNERSHIP IN BIMB HOLDINGS BERHAD ("THE COMPANY")

Announcement Details/Table Section :

With reference to the above, we are pleased to announce that as at 31 March 2011, a total of 13,538,967 ordinary shares of RM1.00 each representing 1.27% of the issued and paid-up capital of the Company are held by foreigners.

The said percentage is within 30% of the prescribed limit allowed to be held by foreigners under the Company's Articles of Association.





So to sum it all up, FOREIGNERS had bought an extra 13,538,967 minus 13,259,467 = 279, 500 shares.......albeit small amount but still there is some buying,,,,,so let's hope for more increase buying from FOREIGNERS. Previously, they don't buy BIMB but other more established Malaysian bank shares but now they start buying BIMB shares too.......so let's pray that the FOREIGNERS will buy more.




My conclusion, buy more & keep for mid or long term.


Cheers to all.

This post has been edited by monkeyking: Apr 7 2011, 08:51 PM

1.40 and below. Can move 15~20cts.