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 BIMB - Strong Buy!

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hibino55
post Apr 17 2011, 10:02 AM

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After this 2/3 victory by BN, how will the price react? Hopefully Monday got good new.

Since cannot win there, then win here ba!
monkeyking
post Apr 17 2011, 02:57 PM

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thumbup.gif Think BIMB is now quite stable at 1.55.......hope there will more upswing tomorow. rclxms.gif



wub.gif Cheers to all.
BboyDora
post Apr 17 2011, 08:57 PM

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QUOTE(kellyC @ Apr 17 2011, 01:56 AM)
Ur KFC is expensive as shark fin! laugh.gif
*
haha...coz that time not enough money...so just buy very little only.
wenqing
post Apr 17 2011, 10:31 PM

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i enter too fast last monday with 1.60.still have to wait some time to see the profit bah.
monkeyking
post Apr 18 2011, 01:16 AM

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QUOTE(wenqing @ Apr 17 2011, 11:31 PM)
i enter too fast last monday with 1.60.still have to wait some time to see the profit bah.
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icon_rolleyes.gif It's ok brother wenqing......take it as a mid or long term investment &you will surely see the profit. rclxms.gif thumbup.gif




wub.gif Cheers brother wenqing....good luck to you. rclxms.gif
Lover
post Apr 18 2011, 04:53 PM

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jz join u guys at rm1.55 XD
cwhong
post Apr 18 2011, 04:58 PM

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QUOTE(Lover @ Apr 18 2011, 04:53 PM)
jz join u guys at rm1.55 XD
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welcome welcome ... thumbup.gif
hibino55
post Apr 18 2011, 07:21 PM

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Attached Image
Just would like to share some of my 2 cents to fellow BIMB lovers.
1. Strong support at 1.55, and it actually met the Fibonacci Retracement 0.382 ratio
2. Upswing momentum still there, although decreasing
3. 12 days RSI has already showed BIMB is oversold
4. 10 consecutive red in volume, and is extremely low

Please correct me if I was wrong, so we can learn together blush.gif
billeu
post Apr 18 2011, 08:51 PM

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QUOTE(hibino55 @ Apr 18 2011, 07:21 PM)
Attached Image
Just would like to share some of my 2 cents to fellow BIMB lovers.
1. Strong support at 1.55, and it actually met the Fibonacci Retracement 0.382 ratio
2. Upswing momentum still there, although decreasing
3. 12 days RSI has already showed BIMB is oversold
4. 10 consecutive red in volume, and is extremely low

Please correct me if I was wrong, so we can learn together blush.gif
*
whats the nex resistance lvl
staind
post Apr 18 2011, 09:22 PM

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pick up some bimb today. smile.gif
hibino55
post Apr 18 2011, 11:26 PM

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QUOTE(billeu @ Apr 18 2011, 08:51 PM)
whats the nex resistance lvl
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IMO, I think somewhere at 1.68-1.69. It need to break the previous high. hmm.gif
zamans98
post Apr 18 2011, 11:44 PM

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lol, funny to see BIMB in 4 cents range everyday...
kellyC
post Apr 19 2011, 06:32 PM

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The Board of BIMB Holdings Berhad ("the Company") is recommending a final dividend of 1.60% less 25% tax for the 18 months financial period ended 31 December 2010 compared to 1.20% less 25% tax dividend paid for the financial year ended 30 June 2009 ("FY2009"). The variation in a final dividend between the current financial period and previous financial year was due to the followings:-
1) For the 18 months financial period ended 31 December 2010, the Company has recorded a profit before zakat and tax (PBZT) of RM37.2 million compared to RM14.9 million in FY2009;
2) Net profit for the 18 months financial period ended 31 December 2010 stood at RM30.2 million compared to RM13.1 million in FY2009.
3) The Company had on 26 October 2009 announced to Bursa Malaysia Securities Berhad on the change of its accounting year from 30 June 2009 to 31 December 2010 with an accounting basis of 18 months
rainie1284
post Apr 19 2011, 07:32 PM

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QUOTE(kellyC @ Apr 19 2011, 06:32 PM)
The Board of BIMB Holdings Berhad ("the Company") is recommending a final dividend of 1.60% less 25% tax for the 18 months financial period ended 31 December 2010 compared to 1.20% less 25% tax dividend paid for the financial year ended 30 June 2009 ("FY2009"). The variation in a final dividend between the current financial period and previous financial year was due to the followings:-
1) For the 18 months financial period ended 31 December 2010, the Company has recorded a profit before zakat and tax (PBZT) of RM37.2 million compared to RM14.9 million in FY2009;
2) Net profit for the 18 months financial period ended 31 December 2010 stood at RM30.2 million compared to RM13.1 million in FY2009.
3) The Company had on 26 October 2009 announced to Bursa Malaysia Securities Berhad on the change of its accounting year from 30 June 2009 to 31 December 2010 with an accounting basis of 18 months
*
how much is tat equivalent to?
monkeyking
post Apr 20 2011, 04:03 AM

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QUOTE(rainie1284 @ Apr 19 2011, 08:32 PM)
how much is tat equivalent to?
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icon_rolleyes.gif It's 1.6 cents per share......too little I presume but then this is the Final Dividend as previously they gave a Interim Dividend of 1.5 cents...so total is 3.1 cents thumbup.gif ....... still not too bad for a $1.00+ share & you have to consider it's potential in future thumbup.gif ........yes, we hold for it's future growth & it's potential as well. rclxms.gif



wub.gif Cheers brother rainie1284....much love.....you take good care too. wub.gif

This post has been edited by monkeyking: Apr 20 2011, 04:04 AM
monkeyking
post Apr 20 2011, 04:09 AM

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QUOTE(staind @ Apr 18 2011, 10:22 PM)
pick up some bimb today. smile.gif
*
thumbup.gif Where's your signature...I down size for you last.



icon_rolleyes.gif Ah, never mind, unclosed herewith again for you....please don't save from here as the picture willbe down size by LNY....click on it and it open in another window and then you right click & save it. thumbup.gif


rclxms.gif And thank you for your strong support of BIMB. thumbup.gif



wub.gif Cheers brother staind....you take good care too. wub.gif


Attached thumbnail(s)
Attached Image
kellyC
post Apr 20 2011, 06:10 PM

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kena taruh today....-.-
wenqing
post Apr 20 2011, 07:43 PM

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what is taruh?
staind
post Apr 21 2011, 07:25 AM

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thanks monkeyking. i decided not to use it.

Anyway, Khazanah is planning to sell Bank Mualamat to BIMB and BIMB is keen.

Business Time
monkeyking
post Apr 21 2011, 10:13 AM

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thumbup.gif Some good news on BIMB......a merger is on the cards...now read this..


thumbup.gif rclxm9.gif Khazanah sounds out Bank Islam on Muamalat stake


Published: 2011/04/21



Khazanah Nasional Bhd plans to sell its 30 per cent stake in Bank Muamalat Malaysia Bhd, a move which could pave the way for a merger between the Islamic lender and its bigger rival Bank Islam Malaysia Bhd, sources said.


Bank Muamalat is 70 per cent-owned by conglomerate DRB-HICOM Bhd. Bank Islam is the country's oldest Islamic lender.

Khazanah, the government's investment arm, is on a mission to gradually divest all its non-core holdings and assets.

Managing director Tan Sri Azman Mokhtar, when met by Business Times last week, said Khazanah sees its stake in Bank Muamalat as a "non-core holding" and that it "could be" sold within this year. He declined to reveal more.

It is learnt, however, that Khazanah had recently sent out feelers to Bank Islam's parent, BIMB Holdings Bhd, on buying its stake. Bank Islam is said to be keen.

"Significant discussions on an M&A (merger and acquisition) exercise, with a view to a merger between both banks, is expected to start very soon," a source familiar with the plan said.

The acquisition will see Bank Islam in the driving seat, the source added.

It makes sense for Khazanah to let go of its stake in Bank Muamalat now.

Business Times reported yesterday, citing sources, that DRB-HICOM had won a bid to buy Khazanah's 32.2 per cent stake in postal firm Pos Malaysia Bhd. It is likely to ink an agreement with Khazanah early next week.

DRB-HICOM, owned by tycoon Tan Sri Syed Mokhtar Al-Bukhary, plans to use Bank Muamalat to leverage on Pos Malaysia's 692 post offices to expand its network and retail reach.

Bank Negara Malaysia had allowed DRB-HICOM to buy the 70 per cent stake in Bank Muamalat in 2008 on condition that it would later sell down its holding to 40 per cent in a year.

In September last year, DRB-HICOM's group managing director Datuk Seri Mohd Kamil Jamil told reporters it had asked the central bank for more time to do this.

He also said the group had, a few months earlier, stopped negotiations with a potential buyer from Bahrain, Albaraka Banking Group, as the parties couldn't agree on terms.



wub.gif Cheers to all......all the best ......good luck too. rclxms.gif



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