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

I do really hope that all personal attacks or crushing believes stops and like both tai ko said, only on stocks. I believe many noob like me is reading and trying to understand/follow up research how they got these news/answer/conclution/figure.

We are really trying to learn. Some of us can only contribute if we hear wind but again, WE (especially me) do not dare to voice out without substance.

Please do share MonkeyKing, right, wrong, win, lose don't matter as long as each investor take responsibility for their own action.

It will be 2 more days before the AGM of BIMB. Have you guys send vote the proxy form or anyone attending the AGM?

No, didn't get the Annual Report. Left over on my other apartment. Duh!

Lol, that is Duh.haha. Anyway, I sent out mine d, just do my part even though my votes are insignificant. They are proposing a dividend of 1.6 % less 25% tax. By the way, I requested a hard copy of BIMB annual report and the stamp money for the audit report is aint cheap, RM 3.50 man!! On a side note, I got my BIMB audit report really fast, in 4 workings days I after posted the postcard request. BIMB surely have a dedicated bunch of personnel and I suppose this is a good news

This post has been edited by andrewckj: May 10 2011, 10:23 AM

BIMB everyday move up 2 to 3 cents......

I'm not complaining..

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

For sharks, even 2-3 cents is good movement

waiting for good news from dis counter...ignore noises
med term hold

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

u mean me?

more to share...

Question time: Revival, reach of Islamic finance ... http://www.btimes.com.my/Current_News/BTIM...s/erab/Article/

make sure u able to ignore

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

Just look into BIMB graph, with previous shoulder and new lower low being form, unless the price break the resistance at 1.6, else... Just share my two cents

1.6 is a strong resistant for bimb.. but dis stock for long term tho.. for investor nt trader

Yeah, but if the investor is sharp enough, he can get out before the correction and re-enter again. But I know not that easy lar

Lol, it's always easier when there is a hindsight. I recalled BIMB has been swinging for few times d, 1.40 to 1.67, then dropped back to 1.39 then surge back to 1.68, then drop back to 1.50 last week and now 1.60. Resistant always strong at 1.60. I always tell myself to sell when it reach 1.60 and buy back lower because my entry price is at 1.42 but I've always failed to do so and missed the boat twice d. I just scared it will swing higher each time and will have myself kicking. Anyway I buy this BIMB share base on fundamental, so I didn't really bother much about TA. I'm in for long term for this share to diversify my shares portfolio sector

Haiz, same la here... I even more soi, just sold, it rise; just bought, it plunge... Anyway, sharing here should be positive la, so rarely share my bad exp